RtGisieRED CHARITY NUMIER.. 1008921 REPORT OF THE TRUSTEES AND UNAVDITED FINANCIAI STATEMENTS FOR THE YEAR ENDED S APRIL 2024 FOR ST. MARY AND ABU SAIFAIN COPTIC ORTHODOX CHURCH TC Group 31 High View Close OmiOn office Park Leicester LeIce3ter5k[e LE4 9LJ
ST. MARY AND ABU SAIFAIN COPTIC ORTHODOX CHURCH CONTENTS OF THE FINANCIAL STATEMENYS FOR THE YEAR ENDED 5 APRIL 2026 Page Roport of Ihe Tru3t¢es Independenl Examlnerfs Report stahment ol Flnan¢kl Actlvttl•$ alance Sheel Nol•s lo the Nnon¢knl Stolements 6 to 10 Detalled Slalemenl of Flnanclol Actfvlhts
5T. MARY AND ABU SAIFAIN COPTIC ORIHODOX CHURCH REPORT OF IHE IRUSTEE3 FOR THE YEAR ENDED S APRIL 2026 Ihe twstee5 present Iheir ieport wilh the linarnciol slolemen15 Qf the chority lor the year ended 5 Awl 2026. Iho tru51ees have adopted the provi5ion5 of Accounting ond RepOrtg by CharifiÈs.' StolèmÈnt of Recommended Practice opplicoble lo charities preparing Ihtrir c¢¢ovnts in occordance wlh the Finoncial Reporting Slondord tspplicoble in Ihe UK and Republic ol Ireland IFRS 1021 lelleclive l Janucry 20191. OBJECTIVES AND AcnvinES ObCtIVeS and aims The moin o&ective of the charity 15 to advance ond promote Ihe Chriithon Failh accordance Ihe leaching5 and practices of thè Coptit orthodox Church. When plonning ovr o¢tivitle5 for the year, Ihe Iru5tees have considered the Comrnission's guidance on public benefil and. in porticular. the specific guidonce on chorilies for the advoncement of religion. For the pwpose ol ollaining Ihe olore50id objective5. but not olherwise, the chority sholl= l. M(7intain a place or places ol public worship for worship and officiating sacraments and lor th6 due perfomance of the ritès C>f boplism. morriage. burial and olhei ceremonies o¢¢ordng to Ihe principles ol the Ccptic Orlhodox Foih. 2. To provide ond moinloin the minisleriol $ervices ol a priest in¢lvding Ihe proiqsion ol o residence. 3. To hold and otherwise promote religious meelingg and conlèwnces. 4. To yovlde assistonce lor the needy in the United Kingdom ond obrood. 5. To prowde spiriluol. social and educatior1 activities. 6. To promde lor thè religiou5 educotion for members of the Coptic Orthodox comMvNty in the doctrne ond proctice5 of the Coptic Orthodox Church. 7. To provide the serwces of petson5 to perform sv¢h dLJtE$ 05 may be cornidered necessary from lime lo lirrbe for Ihe proper odministration of the Chttrity. 8. To roise funds by oppeafiNg lor and inviling contributions by way of donolions, covenonts. gTont5, loans. legocies ond svbsciiption5. 9. To do such olher thing5 a5 shall Ivrther the Objectives ol Ihe Chority. Achlevements and perfoimance The continued running and support of lh& church'5 acti%itie5. During the yeor the programme of resl<xation ond improvement has continued orn thè ehwch which is o Grode 11 lisled buijding. church is I'sled lor ils well pres?TVgd cjrchitectural intere51s, ils vnusual slender arcadès OAd especiovy for its fine decorative fronloge. FINANCIAL REVIEW In undertaking Ihe mainlenon¢o. ro51orotion and improvement ol the church the chryity expended £12,977 12025.. £1.4031 on ffxtures. fittings ond equipmenl and £34.98312025= £17.4841 on repairs and maintenance. STRVCIURE. GOVERNANCE AND PAANAGEMENT Gov¢mln9 documenl The charity is controlled by it5 governing docvmenl, its conslilulion. odopted 16 Febwary 1992 ond 0$ am¢nded on 22 June 2008 and conslitules an unincorpoTol¢d ¢harity. REFERENCE AND ADAIINISTRATIVE DETAIiS Reglsteied Chathy nvmber 101)8921 Poge I
ST. MARY AND ABU SAIFAIN COPTIC ORTHODOX CHVItCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2026 Prlnciptsl tsddf•XI 23 Llanlornom Drive Rods Cardill CF158GA Truts Dr M Shalik G Yagoub S Hanno Dr N N Naeem Dr M F F¢fog Indwndent Exomlner TC Group 31 High View Close Hamilton Office Pork Leiceiter Leicestershire LE4 9LJ Approved by order of Ihe board of Iruslees on 3 Juty 2026 ond signed on 115 beho by: Dr M Shafik- TnJsl8e Page 2
INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEES OF ST. MARY AND ABU SAIFAIN COPIIC ORTHODOX CHURCH Independent exomin•T'I report lo the IryeI of St. Mary and Abu Sufialn Copl1¢ Orthodox Church I reptsrt to he chority trustees on my exominalior) ol the accounts ol Sl. Mary and Abu Sailain Coplic Orthodox Church Ilhe Trwtl lor the ended 5 April 2026. ResponslbNilies ond basls of report the choiily trustees ol the Trust you ole re$oon5ible lu the preparalion ol the a¢¢ovnts in accordance with Ihe requirements of the Charities Acl 2011 I'lhe Act'l. I report r85pecl of my examinalion ol the Trust's o¢¢ount5 calried out under Section 145 ol the Act and in carying out my exqmingtion I hove folowed oll opplcable Dire¢lions given by the Charity com$0n under Section 1451Sllbl of the Act. Independentexomlnerfs slalement I hove completed my examinotion. I confim that no moteriol moller5 hove come lo my allénlion in connection with the examination giwng me cou5e to believe that in ony material respect.. occounling records were nol kept in respect ol the Trust as required by Section 130 of the Act.. or the accounts do nol occord wlth those records.. or the occovnls do not compty wilh th¢ oppl'coble requirements concerning thè form ond contenl of occounts Set out in the Charities (Accounts ond Reports) Re9ulation5 2(M)8 other Ihan any rèquirement Ihol Ihe accounls give o trve ond foir view ¥thich is not a mallei considered 05 part of an independent èxamination. I have no concem5 ond have come across r)0 other mo*ter5 in connection with the examinalion lo whith attention should be drown in thls report in (xder lo enable o proper understonding of the occounl$ lo be reoched. J Dennis TC Group 31 High Wiew Cbse Hamillon Office Ptrk leice51er Leicestgrshire LE4 9LJ 3 JY 2026 Page 3
sr. MARY AND ABV SAIFAIN COPIIC ORTHODOX CHURCH STATEMENT OF FINANCIAL ACTivn&s FOR THE YEAR ENDED S APftIL 2021 2026 Unre51ricled Jnd 2025 Totel funds Notes INCOME AND ENDOWMENTS FROM Donalions and legoeies 139.638 I1.538 Inve51rnent income 2.587 3.490 Tot 142.225 107.028 EXPENDITURE ON Raising funds 119,425 104,757 NET INCOME 22,800 2.271 RECONCIUATION OF FUNDS Tolol funds brought lowoid 1,078,588 1.076.317 TOTAL FUNDS CARRIED FORWARD 1,101.388 I,078,8 Ihe noles lom part of the$9 linoncid $totements Page 4
ST. MARY AND ABU SAIFAIN COPTIC ORTHODOX CHURCH BALANCE SHEET S APRIL 2026 2026 Unre51ricted lund 2025 Totol funds Nol8S FIXED ASSETS Tan9ibl¢ osset5 754.607 752.] CURRENT ASSETS Debtors Co5h at bank and in hand 22.872 327,404 326,587 350,276 326.587 CREDITORS Amount5 falling due wllin one year 13,4951 NEI CURRENI ASSEIS 346,781 326.587 T07AI ASSETS LESS CURRENT LIABILIIIES 1.101,388 1.078.588 NET ASSETS 1.101,388 1,078.588 FUNDS Unrestricted ftJnd$ 10 1.101.388 In78.588 TOTAL FUNDS 1,101.388 1,078.588 Thè rEnoncl stalemenls wwe akvoyed by the Boord of TnJ5tees and outhorised for i55ue on 3 July 2026 and were 5ign6d on ils bèhalf by.. Dr M Shafik- Truslee The notes form port of these linancial 5talemenls Pa9e 5
SI. MARY AND ABU SAIFAIN COPTIC ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2026 ACCOVNIING POLICIES Ba$55 01 prepailng Ihellnanclal dalemtnts Th8 finonciol statements ol the charity, which is a public benefit enlity under FRS 102, have been prepored in occordance with tho Chgrities SORP IFRS 1021 'Accounling ond Reporting by Charities: Statement of Recommended Pioclice q)plicoble lo chorities preparing their accounls in accordance with the Financiol Reporting Slandd applicable in the UK and Republic of trelond IFRS 1021 (effective l Jgnvory 20191., Finoncial Reporting St¢dard 102 'The Finonciol Reporting Slandard applicable in the VK and Republic ol Iralond, and Ihe Charilie5 Act 2DI l. The finonciol statemenf5 hove been preped under the historical cost convention. Income All income is recognise(J in the Stotemenl of Fincsnciol Activilies once the chority hes Èntitlement to the funds. it is probc*>le that the income will be receiv8d and the omovnl can be measured reliobw. Exp•n<Jtture Liabililies ore recognised as expenditure os soon os there is o leool or conslrvctive obligotion cornmitting the charity lo Ihol expenditure, il is proboble thot o Ironsfer of economic benelils wll be required in settlement ond the amounl of the obligolion can be meo5ured reliably. E¥penditure is occovnted for on an occruals basis and has been cltsssified under heodings Ihol oggregale oll cost rekJled lo the cts1890ry. Where costs connot be directty attribuled lo parti¢ukJt heading5 they hove been cllocoled to oclivities on o ba5 consislenl wilh Ihe use of resowce5. Tanglble fixed Ossets Depreciolion is prowded al Ihe lollowng onnval rates in order lo write oll each assel over its estimated Church bulklg Lond- cemetary plot F&hOld property Building improvements Fvmiture for Foxlon Wolk Yixlures. filling5 & equipment Slraighl line over 10 yetsrs Straight line over 10 years The charity15 exempt from tox on ils choritoble activities. Fund accounltng Unrestricted lurnd5 Can be used in accordonce wtlh thè choritobltr objectives al the discretion of Ihe Iruslees. Restricled funds can On be used lor porticukJr restricled purposes within the objects of the charity. Restrictions arise when specified by the donor or when fund5 are ralsed for p(xlicvlor Te5tricled purposes. Fvrther explanalion of the notvre and pvrpose ol each lund is in¢lvded in the notes lo the Ilnancial 51alernentS. Poge 6 continued...
ST. MARY AND ABU SAIFAIN COPIIC ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENT5 . ¢onllnued FOR THE YEAR ENDED S APRII 2021 INVESTMEIIT INCOME 2026 2025 Deposit account inleresl 2,587 3,49D RAISING FUNDS RaIn9 donollons and legacles 2026 2025 Support Costs 119,425 104.757 TRVSTEES. REMUNERATION AND BENEFITS There were no Iru51ees' remun8ration oi other benefits lor the yeu ended 5 Aprl 2026 nor for the yeor Èndéd 5 April 2025. Trujtees. expenses Ihere were no Iruslee5' expense5 pgid for the year ended 5 April 2026 nor lor the Or ended 5 April 2025. STAFF COSTS The over¢ge monlhly number ol employee5 during the year was 05 follows: 2026 2025 Praests Administration No employees received emoluments irn excess of £40.000. COMPARAnvES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unresfricled fund INCOME AND ENDOWMENTS FROM Donations and legacies 103.538 Inveslmenl income 3.490 Totol 107.028 fXPENDIIURE ON R0i3ing lunds 104,757 NET INCOME 2,271 Page 7 conlinved...
ST. MARY AND ABU SAIFAIN COPTIC ORTHODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS - eonllnued FOR THE YEAR ENDED 5 APRIL 202 COMPARATIVES POR THE STATEMENT OF FINANCIAI AcnviTIES - eonllnv•d Unrestricted fund RECONCIUAlloN OF FUNDS Totol funds brought lolward ,076.317 TOTAL FUNDS CARRIED FORWARD 1.078,588 TANGIBLE FIXED ASSETS Lond- cemelary plot Church building Freehold property COST Al 6 April 2025 Addition5 131.SCX) 3,615 88.769 At 5 April 2026 131,5 3.615 88.769 DEPRECIATION At 6 April 2025 Charg? for year Al 5 April 2024 NET BOOK VALVE Al 5 April 2026 131,500 3.615 88,769 At 5 April 2025 131,500 3.415 88,769 Furniture lor Paxton Wolk Fixtvres. fiitlngs & equipm&n* Building improvements Tolols COST At 6 April 2(r25 Addition5 469.673 3,563 91.080 12,977 788.200 12.977 At 5 Aprli 2026 469.673 3,563 104.057 801,177 DEPRECIATION At 6 April 2025 Charge for year 1,389 356 34.810 IoL)Is 36,199 10,371 At 5 April 2026 1,745 44.825 46.570 NET BOOK VALUE A15 April 2026 469,673 1.818 59,232 754.607 At 5 Aprd 2025 469.673 2.174 56,270 752.001 Poge 8 continued...
ST. MARY AND ABV SAIFAIN COPTIC QRIMODOX CHURCH NOTES TO THE FINANCIAL STATEMENTS - conllnued FOR THE YEAR ENDED 5 APRIL 2026 EBTOIS: AMOVNTS FALUNG DUE WITHIN ONE YEAR 2026 2025 Other deblors Prepayments 19.533 3.339 22,872 CREDITORS: AMOUNT3 FALUNG DUE WIIHIN ONE YEAR 2026 2025 Toxtstion and 50cioI security other creditors 1,635 1,860 3,495 10. MOVEMENI IN FUNDS Nel movement in fund5 At 5.4.26 Al 6.4.25 Unrestrlcted fvnds Genèrol fund 1.078588 22.800 1.101,388 TOTAL FUNDS 1,078.588 22.800 1,101,388 Nel movement in fvnds. inclvded in Ihe obove ore 0$ follows- Incomln9 resources Resources expended Movement in funds Unreslrl¢ted lund3 Geneiol lurnd 142.225 1119.4251 22,80LI TOTAL FUNDS 142,225 1119.4251 22.800 Compor<thei for movement kn funds Net movèmenl in funds Al 5.4.25 Al 6.4.24 Unrtstrlcled fvnth General fvnd 1,076,317 2,271 1,078.586 TOTAL FUNDS 1.076.317 2.271 I7888 Poge 9 conlinved...
SY. MARY AND ABU SAIFAIN COPTIC ORTHODOX CHVRCH NQIES TQ THE FINANCIAL STATEMENTS - ¢¢nllnutd FOR THE YEAR ENDED S APRIL 2024 10. MOVEMENT IN FVNDS - conlinued Compqralive nel movement in fund5. included in the above are as lollow5.' Incoming resource5 Resources expended Movement in funds Unrestrlcted fvnds Generol fvnd 107,W28 1104,7571 2.271 IOIAL FUNDS 107.028 1104.7571 2.271 A event year 12 monlhs and prioryear12 months combined posilion is as lobw5'. Net movement in funds Al 5.4.26 Al 0.4.24 UThrestriel•d funds General fvnd 1.076,317 25.071 1.101,388 TOTAL FUNDS 1.076.317 25,071 1,101.388 A current year 12 months and prior year 12 morslh5 combined nel movemsnl in funds, inclLtded in th& above are as follows.. Incoming re50vrce5 Resource5 eypended Movement in Ivnd5 Unrethiclèd funds Generol fund 249,2S3 1224,1821 25.071 TOIAL FUNDS 249.253 1224.1821 25.071 RELATED PARTY DISCLOSURES There were no reloted poty tronsaclion5 for Ihe yeiy ended 5 Apr 2026. Poge 10
ST. P+lARY AND ABU SAIFAIN COPTI ORTHODOX CHVRCH DETAILED STATEMENT OF FINANCIAL AcllviTIES FOR THE YEAR ENDED 5 APRIL 2026 2026 2025 INCOME AND ENDOWMENTS Donallons and legacles Donotions & subscriptions Gift aid 102.986 36.652 87,932 15.606 139.638 103.538 Inveslmenl Income Deposit accovnt interest 2.587 3.490 Totul In¢omlng iesources 142,225 107,028 EXPENDIIURE Svpport costs Management Woges Roles ond water Insuronce Light ond heal Telephone & inlemel Sundrie5 Diocese of London ¢onlribvtion Repairs & renewols Accounlancy Legol & professional Trovel flights expenses Donotitrn to Monastery 42.338 3.246 1.636 11,907 936 769 6.916 34,983 4.183 42,017 2.850 4.860 9.735 558 500 6,640 17.484 2,405 4.980 1.4(M) 1,9LXI 1.990 109,054 95229 Flntsnct Depreciotion of fixture5 and fillings 10,371 9,428 Tolol resource5 e¥pended 19.425 104.757 Net Incomè 22,800 2,271 Ihis pooe étses nol form port of the slatulory finoncial statements Pogell