ARMENIAN CHURCH OF ST SARKIS
The charity (as landlord) is responsible for providing the premises of the Armenian Church of St Sarkis, Iverna Gardens, Kensington and church hall to the St Sarkis Parish Council and the adjacent vicarage as residential accommodation.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,049,424, while the Trustees' report indicates a reserves policy to maintain sufficient funds for the foreseeable future. The charity reported a net incoming resource of £62,775 for the year, supported by £159,609 in trading income, though it faces funding uncertainty due to a reduction in donations from the St Sarkis Charity Trust.
What the accounts disclose
“The Trustees endeavour to have sufficient reserves to continue the running of the Church, Church Hall and vicarage for the foreseeable future.” — page 5
“During the year, the Charity received £2,000 (2023: £2,000) in donations from the Saint Sarkis Charity Trust.” — page 22
“At the year end a balance of £852,971 (2023: £831,771) was due from the St Sarkis Property CIO.” — page 22
“During the year, the Charity received £2,000 (2023: £2,000) in donations from the Saint Sarkis Charity Trust.” — page 22
“At the year end a balance of £852,971 (2023: £831,771) was due from the St Sarkis Property CIO.” — page 22
Trustees
- STEVE SETRAK MOURADIANchair
- Alexander Adamov
- Armen Der Hakobian
- Christopher Sarkis George Kurkjian FCSI
- Hovan Torosyan
- Olivier Djololian
- Yuri Khodjamirian CFA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £166k | £103k |
| 31/12/2023 | £178k | £270k |
| 31/12/2022 | £140k | £188k |
| 31/12/2021 | £104k | £115k |
| 31/12/2020 | £91k | £108k |
Common questions
Is ARMENIAN CHURCH OF ST SARKIS financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,049,424, while the Trustees' report indicates a reserves policy to maintain sufficient funds for the foreseeable future. The charity reported a net incoming resource of £62,775 for the year, supported by £159,609 in trading income, though it faces funding uncertainty due to a reduction in donations from the St Sarkis Charity Trust. Its FY2024 accounts were independently examined.
Who funds ARMENIAN CHURCH OF ST SARKIS?
Funders whose own accounts filings name ARMENIAN CHURCH OF ST SARKIS as a grant recipient include SAINT SARKIS CHARITY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SAINT SARKIS CHARITY TRUST | FY2025 | £2k | Grants to institutions |
| SAINT SARKIS CHARITY TRUST | FY2024 | £2k | Grants to institutions |
| SAINT SARKIS CHARITY TRUST | FY2023 | £2k | |
| SAINT SARKIS CHARITY TRUST | FY2022 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOLA TRUST | 1 | £32k |
| GOSPEL PARTNERS TRUST | 1 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST KNUTSFORD | 1 | £3k |
Charities like this
- SAINT SARKIS CHARITY TRUST
- SAINT MARY & POPE KYRILLOS VI COPTIC ORTHODOX CHURCH
- CHRIST CHURCH STOCKPORT
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND CHRIST CHURCH, CHELSEA
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH UPPER ARMLEY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARTHOLOMEWS, ARBORFIELD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ARMENIAN CHURCH OF ST SARKIS | £166k | — | 0 | unclear | — | no doubt |
| SAINT SARKIS CHARITY TRUST | £250k | — | 0 | unclear | — | no doubt |
| SAINT MARY & POPE KYRILLOS VI COPTIC ORTHODOX CHURCH | £411k | — | 0 | unclear | — | no doubt |
| CHRIST CHURCH STOCKPORT | £116k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND CHRIST CHURCH, CHELSEA | £931k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH UPPER ARMLEY | £126k | — | 0 | unclear | — | no doubt |