INDEPENDENT GREEK EDUCATIONAL INSTITUTE OF BARNET
(A) TO ADVANCE RELIGION IN ACCORDANCE WITH THE GREEK ORTHODOX FAITH IN THE LONDON BOROUGH OF BARNET AND THE NEIGHBOURHOOD THEREOF. (B) TO ADVANCE THE EDUCATION OF CHILDREN AND YOUNG PEOPLE IN THE LONDON BOROUGH OF BARNET AND THE NEIGHBOURHOOD THEREOF, AND IN PARTICULAR THE CHILDREN AND YOUNG PEOPLE OF THE GREEK COMMUNITY IN THE AREA, INCLUDING THEIR EDUCATION THROUGH LEISURE-TIME ACTIVITIES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £308,999, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net incoming resource of £47,720 for the year, indicating a positive financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the institute that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Trustees
- Marios Antoniadeschair
- Andrea Prime
- Christofides Marios
- Christopher Michael
- Constantinos Alexis Pitsillides
- ELIAS ELIA
- Jim Vasiliou
- Konstantina Kolonia
- Kyriacos Gray Zouvani
- Maria Memtsa
- Panayiota Kazitti
- Sotiroulla Papastavrou
- Stavros Stavrou
- Thodoros Liousas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £345k | £297k |
| 31/07/2024 | £268k | £249k |
| 31/07/2023 | £223k | £217k |
| 31/07/2022 | £205k | £196k |
| 31/07/2021 | £145k | £157k |
Common questions
Is INDEPENDENT GREEK EDUCATIONAL INSTITUTE OF BARNET financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £308,999, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net incoming resource of £47,720 for the year, indicating a positive financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.