THE GREEK ORTHODOX COMMUNITY OF ST DEMETRIOS OF EDMONTON
-Runs the church-Provides: School & Food Bank
Objects
TO PROMOTE THE GREEK ORTHODOX FAITH AND GREEK ORTHODOX CHARITABLE INSTITUTIONS IN THE BOROUGH OF ENFIELD AND ENVIRONS TO SUPPORT, EXPAND AND DEVELOP A GREEK ORTHODOX SCHOOL.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £1,490,307, with total net assets at £1,524,900. The trustees report that the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations. Reserves are considered adequate to secure working capital for core costs, excluding revaluation reserves.
What the accounts disclose
“Considering the level of funds borrowed the Trustees are determined that the level of reserves secure adequate working capital for the core costs. Revaluation reserves are excluded by the Trustees in their consideration of an adequate reserves limit.” — page 5
“There were related party transactions amounting to £22,396 (2023 - £4,900) received from trustees.” — page 16
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ANDREAS DEMETRIOU
- APOSTOLOS CHRISTOFI
- Andrew John Powell
- DEMETRIOS NICOLAS DEMETRIOU
- ELIAS ELIA
- HIS EMINENCE ARCHBISHOP NIKITAS LIOULIAS
- MELIS ANTONIS OURRIS
- MICHAEL GEORGE ERACLEOUS
- MYROFORA DOUKAKI
- SOTEROULLA STYLIANOU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £459k | £419k |
| 31/12/2023 | £491k | £476k |
| 31/12/2022 | £478k | £450k |
| 31/12/2021 | £402k | £379k |
| 31/12/2020 | £390k | £373k |
Common questions
Is THE GREEK ORTHODOX COMMUNITY OF ST DEMETRIOS OF EDMONTON financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £1,490,307, with total net assets at £1,524,900. The trustees report that the charity is in a strong position to continue its activities and that assets are adequate to fulfil obligations. Reserves are considered adequate to secure working capital for core costs, excluding revaluation reserves. Its FY2024 accounts were independently examined.