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.
Objects
(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 SO THAT THEY MAY GROW TO FULL MATRUITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND THEIR CONDITIONS OF LIFE MAY BE IMPROVED.
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
Policies the charity declares
- Bullying and harassment 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHRISTOS LAZARI FOUNDATION | 1 | £105k |
| UK CHRISTIAN SCHOOLS LTD | 1 | £66k |
| THE GREEK ORTHODOX COMMUNITY THE TWELVE APOSTLES HERTFORDSHIRE TRUST | 1 | £27k |
Charities like this
- TRUSTEES OF THE GREEK ORTHODOX COMMUNITY OF LEEDS
- ST NICHOLAS GREEK ORTHODOX EDUCATIONAL CENTRE
- THE HELLENIC EDUCATIONAL & CULTURAL TRUST OF FINCHLEY
- GREEK ORTHODOX COMMUNITY OF ST CONSTANTINE AND ST HELEN
- GREEK ORTHODOX ARCHDIOCESE OF THYATEIRA AND GREAT BRITAIN
- LONDON CHRISTIAN SCHOOL LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INDEPENDENT GREEK EDUCATIONAL INSTITUTE OF BARNET | £345k | — | 0 | within | — | no doubt |
| TRUSTEES OF THE GREEK ORTHODOX COMMUNITY OF LEEDS | £198k | — | 0 | unclear | — | no doubt |
| ST NICHOLAS GREEK ORTHODOX EDUCATIONAL CENTRE | £118k | — | 0 | unclear | — | no doubt |
| THE HELLENIC EDUCATIONAL & CULTURAL TRUST OF FINCHLEY | £171k | — | 0 | unclear | — | no doubt |
| GREEK ORTHODOX COMMUNITY OF ST CONSTANTINE AND ST HELEN | £121k | — | 0 | unclear | — | no doubt |
| GREEK ORTHODOX ARCHDIOCESE OF THYATEIRA AND GREAT BRITAIN | £1.1m | £75,000 | — | unclear | — | no doubt |