CHRISTIAN ORTHODOX CONVENT OF THE ANNUNCIATION
The Charity was founded in London for the purpose of spiritual support for Christian Orthodox people; fortifying and strengthening them in their faith; those who are ignorant of their Christian faith, those who have fallen away or are indifferent to it. At the same time providing spiritual support to others needing help.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net outgoing resource of £1,562,493 for the year, a significant shift from the previous year's surplus. The trustees report that unrestricted reserves are currently above their stated policy target of one year's expenditure, a position attributed to significantly reduced spending due to the absence of care costs.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to one years expenditure.” — page 4
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £71k | £957k |
| 31/12/2024 | £162k | £1.8m |
| 31/12/2023 | £61k | £70k |
| 31/12/2022 | £59k | £151k |
| 31/12/2021 | £33k | £88k |
Common questions
Is CHRISTIAN ORTHODOX CONVENT OF THE ANNUNCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net outgoing resource of £1,562,493 for the year, a significant shift from the previous year's surplus. The trustees report that unrestricted reserves are currently above their stated policy target of one year's expenditure, a position attributed to significantly reduced spending due to the absence of care costs. Its FY2024 accounts were independently examined.
Charities like this
- SAINT CALINIC FROM CERNICA
- THE ORTHODOX EUCHARISTIC COMMUNITY IN SOUTH LONDON
- ANTIOCHIAN ORTHODOX CHRISTIAN ARCHDIOCESE OF THE BRITISH ISLES AND IRELAND
- TRINITY CHURCH WEST LONDON
- THE CHRISTIAN COMMUNITY IN LONDON LIMITED
- TRUST PROPERTY IN CONNECTION WITH THE PATRIARCHAL RUSSIAN ORTHODOX PARISH IN LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHRISTIAN ORTHODOX CONVENT OF THE ANNUNCIATION | £71k | — | 0 | above | — | no doubt |
| SAINT CALINIC FROM CERNICA | £186k | — | 0 | unclear | — | no doubt |
| THE ORTHODOX EUCHARISTIC COMMUNITY IN SOUTH LONDON | £103k | — | 0 | unclear | — | no doubt |
| ANTIOCHIAN ORTHODOX CHRISTIAN ARCHDIOCESE OF THE BRITISH ISLES AND IRELAND | £101k | — | 0 | unclear | — | no doubt |
| TRINITY CHURCH WEST LONDON | £200k | — | 0 | above | — | no doubt |
| THE CHRISTIAN COMMUNITY IN LONDON LIMITED | £169k | — | 0 | unclear | — | no doubt |