ARCHANGEL MICHAEL
TO FINANCIALLY SUPPORT THE HOLY DOCHEIARIOU MONASTERY IN MOUNT ATHOS (AGIONOROS-GREECE) AND OTHER MONASTERIES OR CHURCHES. TO FINANCE MEETINGS,FESTIVALS, PILGRIMAGES AND THE RELIEF OF THE FINANCIAL HARDSHIP OF CLERGY, LAITY ANDTHE SICK OR POOR THROUGH GRANTS OR SERVICES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £(34,771) for the year, resulting in total funds carried forward of £322,282. The trustees' report notes that overheads and running costs have been kept to a minimum and that investment income was good despite lower risk strategies. The charity holds unrestricted reserves of £126,538 and restricted reserves of £195,744.
What the accounts disclose
“The current policy is to maintain reserves at a level to cover expected governance expenditure in the charitable company for a 12-month period and to supply a stream of income to the beneficiaries that is as even and consistent as possible.”
Property (HM Land Registry)
Trustees
- Rev Athanasios Parthenios Nikolaouchair
- MICHAEL HANES
- Nikolaos Rafail-Latrinos Bezanas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £33k | £56k |
| 31/12/2024 | £27k | £21k |
| 31/12/2023 | £71k | £115k |
| 31/12/2022 | £20k | £14k |
| 31/12/2021 | £59k | £54k |
Common questions
Is ARCHANGEL MICHAEL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £(34,771) for the year, resulting in total funds carried forward of £322,282. The trustees' report notes that overheads and running costs have been kept to a minimum and that investment income was good despite lower risk strategies. The charity holds unrestricted reserves of £126,538 and restricted reserves of £195,744. Its FY2025 accounts were independently examined.