THE GREEK CATHEDRAL TRUST FUND
The activities of the charity are focussed on the preservation of the Greek Cathedral in London W2. Church services and the operation of the Cathedral are carried out by 4 employed staff.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £130,946 for the year ended 31 December 2024, driven by a £120,585 gain on investments. Free reserves excluding investments and fixed assets were £373,089, which the trustees consider appropriate and above their stated policy target of £100,000. The charity maintains sufficient resources to continue operations, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
“Donations and legacies 256,815” — page 12
“Raising funds 13,700” — page 12
“The Trustees consider that they should be able to meet management and administration expenses for a period of four months and as a consequence a level of free reserves of £100,000 excluding investments held is considered appropriate.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Anastassis Nicolas Fafalios
- JOHN M LYRAS
- MICHAEL C LEMOS
- MICHAEL F LYKIARDOPULO
- STAMOS J FAFALIOS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £505k | £495k |
| 31/12/2023 | £415k | £385k |
| 31/12/2022 | £487k | £432k |
| 31/12/2021 | £371k | £322k |
| 31/12/2020 | £478k | £368k |
Common questions
Is THE GREEK CATHEDRAL TRUST FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £130,946 for the year ended 31 December 2024, driven by a £120,585 gain on investments. Free reserves excluding investments and fixed assets were £373,089, which the trustees consider appropriate and above their stated policy target of £100,000. The charity maintains sufficient resources to continue operations, with no material uncertainties identified regarding its going concern status. Its FY2024 accounts were audited by Moore NHC Audit Limited.