THE COMMUNITY OF ORTHODOX CHRISTIANS OF RUSSIAN TRADITION IN OXFORD
The Orthodox Parish of the Annunciation in Oxford is a parish of the Deanery of Great Britain and Ireland, within the Archdiocese of Thyateira and Great Britain under the Ecumenical Patriarchate (of Constantinople). It is a worshipping community of Orthodox Christians open to all regardless of their nationality, language or cultural background.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £7,621 for the year, reducing total unrestricted funds from £570,475 to £563,479. The trustees maintain a reserves policy aiming to cover significant expenditure using liquid reserves to protect against income uncertainty, with current liquid assets reported at approximately £50,560. Per the trustees' report, the charity holds fixed assets valued at just over £512,000, primarily a property generating rental income.
What the accounts disclose
“The trustees have decided that any significant expenditure should at all times be covered by the Parish’s liquid reserves, without relying on income from donations or from other sources. The aim of this policy is to protect the Parish from the risks associated with the uncertainty of future income from donations or property rental.” — page 4
Trustees
- Elizabeth Freemantle-Schremp
- Ion Baleanu
- Isam Ayoub Karim Jajawi
- Joshua Christian Townson
- KEVIN MAURICE SERAPHIM ALTON HONEYWELL
- Luke Austin
- Rev leslie vanttinen-newton
- Tuija Anneli Vanttinen-Newton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £45k | £53k |
| 31/12/2023 | £49k | £44k |
| 31/12/2022 | £28k | £40k |
| 31/12/2021 | £41k | £37k |
| 31/12/2020 | £31k | £37k |
Common questions
Is THE COMMUNITY OF ORTHODOX CHRISTIANS OF RUSSIAN TRADITION IN OXFORD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £7,621 for the year, reducing total unrestricted funds from £570,475 to £563,479. The trustees maintain a reserves policy aiming to cover significant expenditure using liquid reserves to protect against income uncertainty, with current liquid assets reported at approximately £50,560. Per the trustees' report, the charity holds fixed assets valued at just over £512,000, primarily a property generating rental income. Its FY2024 accounts were independently examined.