REGISTERED COMPANY NUMBER: 02526826 (England and Wales) REGisfERED CHAIUTY NUMBER: 1005852 Report of the Tru5tses and Unaudited Fin4n¢ial Ststements for the Year Ended 31 Detember 2024 for Bishopric of Public Eeumeni¢41 and Social Service5 UK Grant Harrod Lennan Davis LLP Chartered Accountants 1st Floor Healthaid House Marlborough Hill HaoW Middlesex 41 IUD
Bishopric of Public Ecumenical and Ststi#l Services UK Contents of the Financial Statements for the year ended 31 Decernber 2024 Pag¢ Report of the Tn]$t¢es Independent Examln¢r's Report Statement of Fin4n¢i41 Activities Balance Sheet Notes to the Fiuan¢i41 Stslements 7 to 10
Bishopric of Publi¢ Ecumenical and So¢ig1 Services UK Report of the TThstee for tbe year ended 31 Deeeniber 2024 The trustees who are also directors of the charity for the putposes of the Companies Act 2006, present their report with the fmancial statrments of the charity for the year ended 31 December 2024. The trustees have adopted the Provisions of Accounting and Reporting by Charities.. Statement of R¢commended Practice applicable to ch111¢8 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (effecttve l January 2019). OBJECTIVES AIYD ACTIVITIES Objectiv¢s And 8im5 The chariW5 objectives continued to be that of the advancement of the Christian religion in accordance with the tenets and doctrines of the Coptic Orthodox Chh, for the advancement of education and for the relief of poverty in the United Kingdom and overseas. The Trusle¢s have paid due regard to guidance in relation to Public Benefit issued by the Charity Commission in deciding what acttvities thc charity should undertake. Th¢ Truste are of the opinion that it has fully complied with all su¢h guidance. GrantmAking The Trustees have complet¢ discretion to pay any grants which fall within the charity's objectives. The Trusttes meet annually to dis¢uss and approve existing and new grants. They also cornmunicate with each other at oiher limes for this purpose should the need aris¢. ACHIEVEMENT AND PERFORMANCE Achievements and p¢rformAnce Despite the difficulties and challenges faced in 2023, the charity managed to obtain overall good resuhs. The congregation of the Coptic Community in UK fa¢ed huge demands for other charitable causes inside and outside UK. In spite of thaL donations collected in the year were £118,189 compared with 91,773 in 2023. Despite this, the charity to gave a lower level of grants in 2024 of £60,540 {2023.. £135,000) to its related charity with common trust¢¢s based in Egypt however. it was able to maintain the sam¢ level of services provided as those Provided in 2024. In lddilion, th¢ charity gave out grants of £24,000 (2023: £24,000) to assist Mryth fimds towards marriages in the event that lack of such funds is Causing hardship. The charity did not make new loans in the year ended 31 De¢emb¢r 2024 (2023.. Nil) to support families with medical emergencies. At the year end, there is no amount (2023: Nil) due from Bishopric of Ecumenical and Social Services Egypt. For further inforniation see note 6. In 2024 the ¢harity intend5 to use some of the funds, kept for emerg¢ncies in the bank. to help extend services to new areas not serviced before. The charity prides itself that running of the charity ¢ontinues to b¢ don¢ by volunteers who ar¢ not remunerat¢d. FINANCLIL REVtEw FIDancial revieTrv During the year ended 31 December 2024, the charity re1ved donations to the value of £l18.189 (2023: £91,773} and gifi aid refjjnds of £13,358 (2023., £9,964). The charity incurred dir¢¢t charitable expenditure of £84,540 in 2024 (2023: £144.020) and governance costs of £3,441 in 2024 (2023: £3,353) giving rise to a net surplus of £31,544. At 31 December 2024. as Sho1 on the Balance Sheet on page 7, the charity had unrestricted funds of £116,383 (2023: £84,839). Accordingly, the Trustees are pleased to advise that they Consider the charity lo have sufficient funds to meet its current and thtur¢ obligations. There is expected to be a Continuing negative impact of Covid-19 on UK and global economies and charittes. The Trustees believe they are taking the necessary actions to address the risks arising, and to dat¢ the charity has ¢ontxnued to operate effectively. Donors have maintained donations through standing order. The charity has sufficient unrestricted reserves to meet it5 fixed costs for the foreseeable fiItUTe, at leasi 12 months from the date of signing of these financial statern¢nts. Page I
Bishopric of Publit Ecumenical and Soeial Services UK Report of the Trustees for th¢ year ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENr GoverDing doeumeTrt Thc charity is controlled by its governing document, a deed of trusL and constitutes a limited company, limited by guardntee. as defined by the Companies Aci 2006. Reernitment and appointment of new Irustees The composition of the Charity's board of Trustees is reviewed regularly with a view to achieving a spread of expertise and age designed to facilitate the achievement of the Charity's objectiv¢s. The Trustees keep up to date on their responsibilities by various means. such as reviewing the Charity Commission website, reading relevant periodicals and professional advice. Kry Management personnel remunergtion The TNstees consider the board of Trustees as Comprising the key management personn¢l of the charity in charge of dir¢¢ting and controlling the charity and running and opernting the charity on a day to day basis. All Trustees give of their time freely and no tstee remuneration or r¢imbws¢ment of expenses was paid in the year. Risk nmnagement The trustees have a duty to identify and review the risks lo which the charity is exposed and to ensurc appropriate controls are in place to provide reasonable assurance against fraud and ¢rror. Th¢ ¢harity is dependent on significant donations in order to Continue making grants. Thus the major risk io the charitys abilAty to achieve its primary aims is failure to r¢¢eive th0 donations. The TteeS mitigat¢ this risk by holding a level of reserves approximately in line with avernge annual expendithre. REFEREIYCE AND ADMINISTRATIVE DETAIiS Registered CompAny number 02526826 (England and Wales) Registered Charity number 1005852 Registered office 29 Middle Field IA)ndon NW8 6ND Trnstees G M Girgis Dr I H Tadros The custodian of the charity was: Bishop Yolios None of the Trustees has any benefjcial inl¢rest in the company. All of the Trustees ar¢ members of the company and guarantee to contribute £1 in the ev¢nt of winding up. The TnLstees have examined the major strategic, business and operational risks to whi¢h the charity is exposed and are satisfled thal systems are in place to mitigate exposure to any signifi¢ant risks. Company Se¢retsry Dr l H Tadros Page 2
Bfishopri¢ of Public Ecumenical and Soeial Services UK Report of tht Trnstees for the year ended 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Grant Harrod Lernian Ihvis LLP Chartered Accountants I st Floor Healthaid House Marlborough Hill Harrow Mtddlesex HAI IUD Approved by order of the board of trustees on .....O.l.Q7..2025................. and signed on its behalf by.. G M Girgis - TTuslee Page 3
Independent Ex4miner'$ Report to the Trustees Df Bishoprie of Public Eeumtnieal aDd Soeial servi¢ UK IDd¢p¢nden¢ exAminer'$ report to the trustees of Bishopric of Public Ecumenieal and Soelal Serviees UK ('the Company,) I report to th¢ charity trustees on my examination of the x¢ounts of the Company for the year ended 31 December 2024. Responslbilities and basls of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordan¢e with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as Carried out under Section 145 of the Charlties Act 2011 (Ihe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145{5) (b) of the 2011 Act. Ddependent examiner's $tatemen* I have completed my examination. I confirn] that no matters have come to my attention in conneclion with the examination giving me cause to believe= accounting records were not kept in respect of the Company as Tcquired by Section 386 of the 2006 Act. or the accounts do not a¢cord with those re¢ords' or the accounts do not comply with the accounting requlrements of Section 396 of the 2006 Acl other than any requirement that the a¢¢ounts giv¢ a true and fair view which is not a matter considered as part of an independenl examination. or the accounts have not been prepared in accordance with the methods and principles of the Statement of R¢commended Pra¢tice for accounting and reporting by charities (applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no con¢erns and have wme across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper underslanding of the acwunts to be reached. Jeremy Harrod FCCA The Association of Chartered Certified Ac¢ountsnts Grant Harrod Lernian Davis LLP Chartered A¢¢ountants 1st Floor Healthaid House Marlborough Hill Harrow Middlesex HAI IUD Date.. Page 4
Bishopric of Public E¢umeni¢al and Social Services UK St9t¢ment of FiDaneial Aetivities ror Ibe year ¢nd¢d 31 December 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and lega¢ies 118,189 91,773 Investment income 1,336 940 Total 119,525 92.713 EXPENDITURE ON Charitable activities Charitable 8ctivAties 87,981 147,373 NET INCOME/{EXPENDITURE) 31,544 (54,660) RECONCILL4TION OF FUNDS Total fimds brought forward 84.839 139,499 TOTAL FUNDS CARIUED FORWARD 116,383 84,839 The notes fonn part of these financial statements Page S
Bishoprie of Publie Ecumenical and Social Services UK BAlance Sheet 31 December 2024 2024 Unrestricted fund 2023 Total funds Notes CURRENT ASSETS Cash at bank 116,383 84,839 NET CURRENT ASSETS 116,383 84,839 TOTAL ASSETS LESS CURRENT LIABILlEs 116,383 84,839 NET ASSETS 116,383 84,839 FUNDS Unrestricted funds 116,383 84.839 TOTAL FUNDS 116,383 84,839 The charitable company is entitled to exemption from audit under Section 477 of the Companies Ad 2006 for the year ended 31 December 2024. The members have nol iequired the company to obtsin an audit of its financial statements for the year ended 31 De¢¢mb¢r 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the chaTltable company keeps accounting records that ¢omply with Sertions 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable Company as at the end of each financial year and of its surplus or deficit for ea¢h financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to fmancial statements, so far as applicable to the Charitable company. (b) These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to ihe small companies regime. The financial stat¢ments were approved by the Board of Trustees and authorised for issue a1_0.7.2025.........-..... Jnd w¢r¢ signed on its behalf by.. on G M Girgis - Trustee The notes forni part of these financial staternents Page 6
Bishopric of Publi¢ E¢umenical gnd Soel#l Services UK Notes to the Flnancial Statements for the year ended 31 Deeember 2024 ACCOUNTING POLICIES Basis of preparing the financi815tstements The fmancial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Ac¢ounting and Reporting by Charities.. St2tement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting SLdard applicable in the UK and Republic of Ireland (FRS 102) (effectlve l January 2019)., Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The finan¢ial statements have been prepared under the historical cost convention. Income All incom¢ is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economi¢ benefits will be requir¢d in settlement and the amount of the obllgation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the ¢ategory. Wher¢ costs cannoi be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subj¢d to conditions which have not been met at thc year end dat¢ are noted as a cornmitment but not accru¢d as expenditure. Taxation The ¢harity is exempt from corporation t&Y on its Gharitsble activities. Fund accouDting Unrestricted fimds Can be used in accordance with the Charitable objectives at the discretion of the twstees. Restricted funds can only be used for particular Testric*d purpose5 Within the objects of the Charity. Restrictions aris¢ when specified by the donor or when funds are rnised for particular restricted purposes. Further explanation of the nature and purpose of ¢h fund is included in the notes to the financial statements. INVESTMENT INCOME 2024 2023 Deposit account interest 1.336 940 NET INCOMEI{EXPENDITURE) Net incomel(expenditure) is stated after charginpJ(crediling): 2024 2023 The auditing of a¢¢ounts of any &%sociate of the ¢harity 3,000 3,000 Page 7 continued...
Bishopric of Publit Eeumenie81 and Social SeTViCt3 UK Notes to the FAnaneAal Statements- eontinued for the y¢ar ¢nded 31 December 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no trustees, expenses pald for the year ended 31 December 2024 nor for the year ended 31 December 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfJvITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 91,773 Investment income 940 Total 92,713 EXPENDITURE ON Charitable acti)ryties Charitsble activities 147,373 NET INCOMEI(EXPENDITURE) (54,660) RECONCILIATJON OF FUNDS Total fiinds brought fvrw2rd 139,499 TOTAL FUNDS CARRIED FORWARD 84,839 MOVEMEKf IN FUNDS Net movement in funds At 31.12.24 At 1.1.24 unrestr1¢t funds General fund 84.839 31.544 116,383 TOTAL FUNDS 84,839 31,544 116.383 Page 8 continued...
Bishopric of Public Ecumenieal and Social Services UK Notes to the FiDanci#l Statements- continued for the year ended 31 December 2024 MOVEMEKf IN FUNDS - eontinued Net movement in funds. included in the above are &s follows: Incoming resources Resources expended Movement in funds Unrestri¢ted funds Genernl fund 119,525 (87,981) 31.544 TOTAL FUNDS 119,525 (87,981) 31,544 Comparatives for movement in funds Net movement in ndS At 31.12.23 At 1.1.23 Unrestwieted funds G¢TJ¢ral fLmd 139,499 (54,660) 84.839 TOTAL FUNDS 139.499 {54,660) 84.839 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movem¢nt in funds Unr¢strie¢ed funds General fund 92,713 (147,373) (54,660) TOTAL FUNDS 92,713 (147,373) {54,660) A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.12.24 Atl.1.23 Unrestricted funds General fund 139,499 (23,116) 116,383 TOTAL FUIYDS 139,499 (23.116) 116,383 Page 9 conlinued...
Bishoprit of Public Eeumenieal 2nd Social Servic¢s UK Notes to the FlnaneAxI Statements- continued for tbe year ended 31 December 2024 MOVEMENf IN FUNDS- Continued A ¢urrent year 12 months and prior year 12 months combined net movemenl in funds. included in the above are as follow5: Incoming resources Resources expended Movement in fund5 Unrestricted funds Gen¢Tal fund 212,238 {235,354) {23.116} TOTAL FUNDS 212,238 {235,354) {23,116} RELATED PARTY DISCLOSURES During the year the Charity paid grants to a charity wilh a common trusfre that operates in Egypt £84,540 (2023. £144,020). The related charity, Bishopric of E¢umenical and Social Services Egypt is related through having common trustees that 8re able to exert control over the operations of the charity. Donations were received from the tnlstees during the year totalling £80,936 (2023: £81,808). ULTIMATE COIYTROLLING PARTY Bishopric of Public Ecumenical and Social Services UK is not controlled by any one individual or group of individoals. Page 10