CHRISTOS LAZARI FOUNDATION
The Trustees have referred to the guidance provided by the Charity Commission on public benefit and its reporting when setting out its aims and objectives and in planning future activities. The aim of the Foundation is to promote charitable causes for public benefit.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £3,253,011, derived from rental income generated by three commercial investment properties valued at £3 million. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient cash reserves and stable rental income to meet liabilities.
What the accounts disclose
“Lazari Investments Management Ltd, again related via virtue of family member ties between directors of the Company and Trustees of the Foundation, undertake all assets and property management activities, pro bono, in respect of the Foundation's property. During the period, Lazari Investments Management provided management services for the investment property pro bono.” — page 29
Property (HM Land Registry)
Trustees
- ANDRIE LAZARI
- Leonidas Lazari
- MARITSA LAZARI
- NICHOLAS LAZARI
- NICOS PETOUSSIS
- ZOE PROTOPAPAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £399k | £244k |
| 31/03/2024 | £205k | £153k |
| 31/03/2023 | £197k | £201k |
| 31/03/2022 | £195k | £268k |
| 31/03/2021 | £187k | £55k |
Common questions
Is CHRISTOS LAZARI FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £3,253,011, derived from rental income generated by three commercial investment properties valued at £3 million. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient cash reserves and stable rental income to meet liabilities. Its FY2025 accounts were independently examined.
Charities like this
- THE CHARIS TRUST
- THE EXILARCH'S FOUNDATION
- THE LATIF FOUNDATION
- THE CH FOUNDATION (UK)
- CHOFETZ CHAIM TRUST FOUNDATION
- THE ELYSIUM FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHRISTOS LAZARI FOUNDATION | £399k | — | 0 | unclear | — | no doubt |
| THE CHARIS TRUST | £591k | — | 0 | unclear | — | no doubt |
| THE EXILARCH'S FOUNDATION | £8.0m | — | 0 | unclear | — | no doubt |
| THE LATIF FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| THE CH FOUNDATION (UK) | £119.3m | — | 0 | unclear | — | no doubt |
| CHOFETZ CHAIM TRUST FOUNDATION | £144k | — | 0 | below | — | no doubt |