``` REGISTERED CHARITY NUMBER: 1024015 ``` ``` Report of the Trustees and ``` ``` Audited Financial Statements for the Year Ended 5 April 2021 ``` ## **`for`** ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH`** ``` Botros & Co Chartered Accountants Statutory Auditors ``` ``` 4 Northwest Business Park Servia Hill Leeds West Yorkshire LS6 2QH ``` ``` ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH ``` ## **`Contents of the Financial Statements for the Year Ended 5 April 2021`** |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`2`| |**`Report of the Independent Auditors`**|`3`|`to`|`5`| |**`Statement of Financial Activities`**||`6`|| |**`Balance Sheet`**||`7`|| |**`Notes to the Financial Statements`**|`8`|`to`|`12`| |**`Detailed Statement of Financial Activities`**||`13`|| ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH`** ## **`Report of the Trustees for the Year Ended 5 April 2021`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with thefinancialstatementsofthecharityfortheyearended5April2021.Thetrusteeshaveadoptedtheprovisions of AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective 1 January 2019). ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by guarantee, as defined by the Companies Act 2006. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 01024015 (England and Wales) ``` ## **`Registered Charity number`** ``` 1024015 ``` ## **`Registered office`** ``` 40 Kingston Drive Whitley Bay Tyne & Wear NE26 1JJ ``` ## **`Trustees`** ``` H G Bishop Antony Dr S Asaad Mr M Guirguis Mrs L Eskander Mr S Nashed Mr M Mikhail ``` ## **`Company Secretary`** ``` Dr S Asaad ``` ## **`Auditors`** ``` Botros & Co Chartered Accountants Statutory Auditors 4 Northwest Business Park Servia Hill Leeds West Yorkshire LS6 2QH ``` ## **`Bankers`** ``` Lloyds Bank plc 69 Bedford Street North Shields Tyne and Wear NE29 0AU ``` ## **`Committee`** ``` 1. H G Bishop Antony Chairman 2.Dr Seif Asaad Secretary 3.Dr Magdy Eskander 4.Mr Stephen Abdulla 5.Miss Christin Henen 6.Dr Amir Michael Treasurer ``` ``` Page 1 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC`** ## **`ORTHODOX CHURCH`** ## **`Report of the Trustees for the Year Ended 5 April 2021`** ## **`STATEMENT OF TRUSTEES' RESPONSIBILITIES`** ``` Thetrustees(whoarealsothedirectorsofSt.GeorgeandSt.AthanasiousCopticOrthodoxChurchforthepurposes of companylaw)areresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). ``` ``` Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueandfair view ofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationofresources,including the incomeandexpenditure,ofthecharitablecompanyforthatperiod.Inpreparingthosefinancialstatements,the trustees are required to ``` - `select suitable accounting policies and then apply them consistently;` - `observe the methods and principles in the Charity SORP;` - `make judgements and estimates that are reasonable and prudent;` - `prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.` ``` Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyatany time thefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthefinancialstatementscomply with theCompaniesAct2006.Theyarealsoresponsibleforsafeguardingtheassetsofthecharitablecompanyandhence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ``` ``` In so far as the trustees are aware: ``` - `there is no relevant audit information of which the charitable company's auditors are unaware; and` - `the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.` ## **`AUDITORS`** ``` The auditors, Botros & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting. ``` ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompaniesAct2006relating to small companies. ``` ``` Approved by order of the board of trustees on 10 September 2021 and signed on its behalf by: ``` ``` Charity secretary Dr S Asaad - Secretary ``` ``` Page 2 ``` ## **`Report of the Independent Auditors to the Trustees of St. George and St. Athanasious Coptic Orthodox Church`** ## **`Opinion`** ``` WehaveauditedthefinancialstatementsofSt.GeorgeandSt.AthanasiousCopticOrthodoxChurch(the 'charitable company')fortheyearended5April2021whichcomprisetheStatementofFinancialActivities,theBalanceSheet and notestothefinancialstatements,includingasummaryofsignificantaccountingpolicies.Thefinancial reporting frameworkthathasbeenappliedintheirpreparationisapplicablelawandUnitedKingdomAccountingStandards (United Kingdom Generally Accepted Accounting Practice). ``` - `In our opinion the financial statements:` - `give a true and fair view of the state of the charitable company's affairs as at 5 April 2021 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;` - `have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and` - `have been prepared in accordance with the requirements of the Companies Act 2006.` ## **`Basis for opinion`** ``` WeconductedourauditinaccordancewithInternationalStandardsonAuditing(UK)(ISAs(UK))andapplicablelaw. Our responsibilitiesunderthosestandardsarefurtherdescribedintheAuditors'responsibilitiesfortheauditofthe financial statementssectionofourreport.Weareindependentofthecharitablecompanyinaccordancewiththe ethical requirementsthatarerelevanttoourauditofthefinancialstatementsintheUK,includingtheFRC'sEthical Standard, andwehavefulfilledourotherethicalresponsibilitiesinaccordancewiththeserequirements.Webelievethatthe audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ``` ## **`Conclusions relating to going concern`** ``` Inauditingthefinancialstatements,wehaveconcludedthatthetrustees'useofthegoingconcernbasisofaccounting in the preparation of the financial statements is appropriate. ``` ``` Basedontheworkwehaveperformed,wehavenotidentifiedanymaterialuncertaintiesrelatingtoeventsor conditions that,individuallyorcollectively,maycastsignificantdoubtonthecharitablecompany'sabilitytocontinueasa going concern for a period of at least twelve months from when the financial statements are authorised for issue. ``` ``` Ourresponsibilitiesandtheresponsibilitiesofthetrusteeswithrespecttogoingconcernaredescribedinthe relevant sections of this report. ``` ## **`Other information`** ``` Thetrusteesareresponsiblefortheotherinformation.Theotherinformationcomprisestheinformationincludedin the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. ``` ``` Ouropiniononthefinancialstatementsdoesnotcovertheotherinformationand,excepttotheextent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. ``` ``` Inconnectionwithourauditofthefinancialstatements,ourresponsibilityistoreadtheotherinformationand,in doing so,considerwhethertheotherinformationismateriallyinconsistentwiththefinancialstatementsorour knowledge obtainedintheauditorotherwiseappearstobemateriallymisstated.Ifweidentifysuchmaterialinconsistencies or apparentmaterialmisstatements,wearerequiredtodeterminewhetherthisgivesrisetoamaterialmisstatementin the financialstatementsthemselves.If,basedontheworkwehaveperformed,weconcludethatthereisa material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ``` ## **`Matters on which we are required to report by exception`** ``` WehavenothingtoreportinrespectofthefollowingmatterswheretheCharities(AccountsandReports) Regulations 2008 requires us to report to you if, in our opinion: ``` - `the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or` - `the charitable company has not kept adequate accounting records; or` - `the financial statements are not in agreement with the accounting records and returns; or` - `we have not received all the information and explanations we require for our audit.` ``` Page 3 ``` ## **`Report of the Independent Auditors to the Trustees of St. George and St. Athanasious Coptic Orthodox Church`** ## **`Responsibilities of trustees`** ``` AsexplainedmorefullyintheStatementofTrustees'Responsibilities,thetrustees(whoarealsothedirectorsof the charitablecompanyforthepurposesofcompanylaw)areresponsibleforthepreparationofthefinancialstatements and forbeingsatisfiedthattheygiveatrueandfairview,andforsuchinternalcontrolasthetrusteesdetermineis necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. ``` ``` Inpreparingthefinancialstatements,thetrusteesareresponsibleforassessingthecharitablecompany'sability to continueasagoingconcern,disclosing,asapplicable,mattersrelatedtogoingconcernandusingthegoing concern basisofaccountingunlessthetrusteeseitherintendtoliquidatethecharitablecompanyortoceaseoperations,or have no realistic alternative but to do so. ``` ## **`Our responsibilities for the audit of the financial statements`** ``` WehavebeenappointedasauditorsunderSection144oftheCharitiesAct2011andreportinaccordancewiththe Act and relevant regulations made or having effect thereunder. ``` ``` Ourobjectivesaretoobtainreasonableassuranceaboutwhetherthefinancialstatementsasawholearefree from materialmisstatement,whetherduetofraudorerror,andtoissueaReportoftheIndependentAuditorsthat includes ouropinion.Reasonableassuranceisahighlevelofassurance,butisnotaguaranteethatanauditconducted in accordancewithISAs(UK)willalwaysdetectamaterialmisstatementwhenitexists.Misstatementscanarisefrom fraud orerrorandareconsideredmaterialif,individuallyorintheaggregate,theycouldreasonablybeexpectedto influence the economic decisions of users taken on the basis of these financial statements. ``` ``` Irregularities,includingfraud,areinstancesofnon-compliancewithlawsandregulations.Wedesignproceduresin line withourresponsibilities,outlinedabove,todetectmaterialmisstatementsinrespectofirregularities,includingfraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: ``` ## `Our approach was as follows:` ``` Weobtainedanunderstandingofthelegalandregulatoryframeworksthatareapplicabletotheentityand determined that the most significant are those that relate to FRS 102 for SMEs; Laws and regulations related with Charities Act 2011. ``` ``` (ISA (UK) 250 Section 'A Consideration of Laws and Regulations in an Audit of Financial Statements' paragraph 6). ``` ``` We assessed the risks of material misstatement in respect of fraud as follows:- ``` - `Analytical procedures used to identify any unusual or unexpected relationships.` - `Identify particular areas that were susceptible to misstatement as part of our fraud discussion management.` - `Identify any fraud risk factors in its discussion of related party relationships and transactions.` ``` Basedontheresultsofourriskassessmentwedesignedourauditprocedurestoidentifynon-compliancewithsuch laws andregulationsidentifiedabove;wecorroboratedourenquiriesthroughreviewofrecordswithHMRC;Weconsidered the riskoffraudthroughmanagementoverrideand,inresponse,weincorporatedtestingofsometransactionsintoour audit approach and tested entries throughout the year. ``` ``` AfurtherdescriptionofourresponsibilitiesfortheauditofthefinancialstatementsislocatedontheFinancial Reporting Council'swebsiteatwww.frc.org.uk/auditorsresponsibilities.ThisdescriptionformspartofourReportofthe Independent Auditors. ``` ``` Page 4 ``` ## **`Report of the Independent Auditors to the Trustees of St. George and St. Athanasious Coptic Orthodox Church`** ## **`Use of our report`** ``` Thisreportismadesolelytothecharitablecompany'strustees,asabody,inaccordancewithPart4ofthe Charities (AccountsandReports)Regulations2008.Ourauditworkhasbeenundertakensothatwemightstatetothe charitable company'strusteesthosematterswearerequiredtostatetotheminanauditors'reportandfornootherpurpose. To thefullestextentpermittedbylaw,wedonotacceptorassumeresponsibilitytoanyoneotherthanthe charitable companyandthecharitablecompany'strusteesasabody,forourauditwork,forthisreport,orfortheopinionswe have formed. ``` ``` Botros & Co Chartered Accountants Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 4 Northwest Business Park Servia Hill Leeds West Yorkshire LS6 2QH ``` ``` 10 September 2021 ``` ``` Page 5 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC`** ## **`ORTHODOX CHURCH`** ## **`Statement of Financial Activities for the Year Ended 5 April 2021`** |`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
`2`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`3`
`Other`
**`Total`**
**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|**`5.4.21`**
**`Unrestricted`**
**`fund`**
**`£`**
**`108,553`**
**`20`**
**`108,573`**
**`89,584`**
**`551`**
**`90,135`**
**`18,438`**
**`1,520,175`**
**`1,538,613`**|`5.4.20`
`Total`
`funds`
`£`
`295,036`| |---|---|---| |||`50`| |||| |||`295,086`| |||`104,654`
`687`| |||| |||`105,341`| |||| |||`189,745`| |||`1,330,430`| |||| |||| |||`1,520,175`| |||| ``` The notes form part of these financial statements ``` ``` Page 6 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC`** ## **`ORTHODOX CHURCH`** ## **`Balance Sheet 5 April 2021`** |`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`7`
**`CURRENT ASSETS`**
`Debtors`
`8`
`Cash at bank`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`9`
`Unrestricted funds`
**`TOTAL FUNDS`**|**`5.4.21`**
**`Unrestricted`**
**`fund`**
**`£`**
**`1,366,771`**
**`36,677`**
**`135,165`**
**`171,842`**
**`171,842`**
**`1,538,613`**
**`1,538,613`**
**`1,538,613`**
**`1,538,613`**|`5.4.20`
`Total`
`funds`
`£`
`1,208,813`
`48,579`
`262,783`| |---|---|---| |||`311,362`| |||`311,362`
`1,520,175`| |||`1,520,175`| |||`1,520,175`
`1,520,175`| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year ended 5 April 2021. ``` ``` Themembershavenotdepositednotice,pursuanttoSection476oftheCompaniesAct2006requiringanauditof these financial statements. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) 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 each 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 financial statements, so far as applicable to the charitable company.` ``` These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011. ``` ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon10September2021 and were signed on its behalf by: ``` ``` S Asaad - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 7 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH`** ## **`Notes to the Financial Statements for the Year Ended 5 April 2021`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of resources. ``` ## **`Tangible fixed assets`** ``` Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ``` ``` Plant and machinery- 15% on reducing balance Fixtures and fittings- 15% on reducing balance Motor vehicles- 25% on reducing balance ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ``` ## **`2. INVESTMENT INCOME`** |**`INVESTMENT INCOME`**||| |---|---|---| ||**`5.4.21`**|`5.4.20`| ||**`£`**|`£`| |`Deposit account interest`|**`20`**|`50`| |||| |||| ``` continued... ``` ``` Page 8 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC`** ## **`ORTHODOX CHURCH`** ## **`Notes to the Financial Statements - continued for the Year Ended 5 April 2021`** ## **`3. RAISING FUNDS`** ## **`4.`** ## **`Investment management costs`** |
`Donations payable:`
`Clergy living expenses`
`Telephone`
`Postage & stationery`
`Motor & travelling`
`Premises insurance`
`Rates & water charges`
`Professional fees`
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|**`5.4.21`**
**`£`**
**`8,600`**
**`47,260`**
**`351`**
**`245`**
**`1,514`**
**`5,289`**
**`5,899`**
**`-`**
**`69,158`**
**`5.4.21`**
**`£`**
**`536`**|`5.4.20`|`5.4.20`| |---|---|---|---| |||`£`|| |||`4,850`|| |||`36,593`
`-`
`475`
`4,870`
`4,849`
`3,906`
`5,729`|| |||`61,272`|| ||||| |||`5.4.20`|| ||||`£`
`687`| ## **`5. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended5April2021norfortheyear ended 5 April 2020. ``` ## **`Trustees' expenses`** ``` There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020. ``` ## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`Other`
**`Total`**
**`NET INCOME`**|`Unrestricted`
`fund`
`£`
`295,036`| |---|---| ||`50`| ||| ||`295,086`| ||`104,654`
`687`| ||| ||`105,341`| ||| ||`189,745`| ``` continued... ``` ``` Page 9 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC`** ## **`ORTHODOX CHURCH`** ## **`Notes to the Financial Statements - continued for the Year Ended 5 April 2021`** ## **`6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`** |**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`TANGIBLE FIXED ASSETS`**
`Freehold`
`property`
`£`
**`COST`**
`At 6 April 2020`
**`1,206,198`**
`Additions`
**`158,494`**
`At 5 April 2021`
**`1,364,692`**
**`DEPRECIATION`**
`At 6 April 2020`
**`-`**
`Charge for year`
**`-`**
`At 5 April 2021`
**`-`**
**`NET BOOK VALUE`**
`At 5 April 2021`
**`1,364,692`**
`At 5 April 2020`
`1,206,198`|**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`TANGIBLE FIXED ASSETS`**
`Freehold`
`property`
`£`
**`COST`**
`At 6 April 2020`
**`1,206,198`**
`Additions`
**`158,494`**
`At 5 April 2021`
**`1,364,692`**
**`DEPRECIATION`**
`At 6 April 2020`
**`-`**
`Charge for year`
**`-`**
`At 5 April 2021`
**`-`**
**`NET BOOK VALUE`**
`At 5 April 2021`
**`1,364,692`**
`At 5 April 2020`
`1,206,198`|`Plant and`
`machinery`
`£`
**`4,618`**
**`-`**
**`4,618`**
**`4,544`**
**`11`**
**`4,555`**
**`63`**|`Fixtures`
`and`
`fittings`
`£`
**`28,264`**
**`-`**
**`28,264`**
**`27,164`**
**`165`**
**`27,329`**
**`935`**|`Motor`
`vehicles`
`£`
**`26,202`**
**`-`**
**`26,202`**
**`24,761`**
**`360`**
**`25,121`**
**`1,081`**||`Unrestricted`
`fund`
`£`| |---|---|---|---|---|---|---| |||||||`1,330,430`| |||||||| |||||||| |||||||`1,520,175`| |||||||| ||||||`Totals`
`£`
**`1,265,282`**
**`158,494`**
**`1,423,776`**
**`56,469`**
**`536`**
**`57,005`**
**`1,366,771`**|| ||`1,206,198`|`74`|`1,100`|`1,441`|`1,208,813`|| ## **`7. TANGIBLE FIXED ASSETS`** ## **`8. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`** |`Income tax recoverable`
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 6.4.20`
`£`
**`1,520,175`**
**`1,520,175`**||**`5.4.21`**
**`£`**
**`36,677`**
`Net`
`movement`
`in funds`
`£`
**`18,438`**
**`18,438`**||`5.4.20`
`£`| |---|---|---|---|---|---| ||||||`48,579`| ||||||| |||||`At`
`5.4.21`
`£`
**`1,538,613`**
**`1,538,613`**|| ||||||| ## **`9. MOVEMENT IN FUNDS`** ``` continued... ``` ``` Page 10 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC`** ## **`ORTHODOX CHURCH`** ## **`Notes to the Financial Statements - continued for the Year Ended 5 April 2021`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` |`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`108,573`**
**`TOTAL FUNDS`**
**`108,573`**
**`Comparatives for movement in funds`**
`At 6.4.19`
`£`
**`Unrestricted funds`**
`General fund`
`1,330,430`
**`TOTAL FUNDS`**
`1,330,430`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`295,086`
**`TOTAL FUNDS`**
`295,086`
`A current year 12 months and prior year 12 months combined position is as follows:`
`At 6.4.19`
`£`
**`Unrestricted funds`**
`General fund`
`1,330,430`
**`TOTAL FUNDS`**
`1,330,430`|||`Resources`
`expended`
`£`
**`(90,135)`**
**`(90,135)`**
`Net`
`movement`
`in funds`
`£`
`189,745`
`189,745`
`Resources`
`expended`
`£`
`(105,341)`
`(105,341)`
`Net`
`movement`
`in funds`
`£`
`208,183`
`208,183`||`Movement`
`in funds`
`£`
**`18,438`**| |---|---|---|---|---|---| ||||||**`18,438`**| ||||||`At`
`5.4.20`
`£`
`1,520,175`| ||||||`1,520,175`| ||||||`Movement`
`in funds`
`£`
`189,745`
`189,745`
`At`
`5.4.21`
`£`
`1,538,613`| ||||||`1,538,613`| ``` continued... ``` ``` Page 11 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC ORTHODOX CHURCH`** ## **`Notes to the Financial Statements - continued for the Year Ended 5 April 2021`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`403,659`
`403,659`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(195,476)`
`208,183`
`(195,476)`
`208,183`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(195,476)`
`208,183`
`(195,476)`
`208,183`| |---|---|---|---| ||||`208,183`| ## **`10. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 5 April 2021. ``` ``` Page 12 ``` ## **`ST. GEORGE AND ST. ATHANASIOUS COPTIC`** ## **`ORTHODOX CHURCH`** ## **`Detailed Statement of Financial Activities for the Year Ended 5 April 2021`** ||`5.4.21`|`5.4.20`| |---|---|---| ||`£`|`£`| |**`INCOME AND ENDOWMENTS`**||| |**`Donations and legacies`**||| |`Donations`|**`84,864`**|`49,308`| |`Sundry income`|**`23,689`**|`245,728`| ||**`108,553`**|`295,036`| |**`Investment income`**||| |`Deposit account interest`|**`20`**|`50`| |**`Total incoming resources`**|**`108,573`**|`295,086`| |**`EXPENDITURE`**||| |**`Raising donations and legacies`**||| |`Church water charges`|**`81`**|`480`| |`Church light and heat`|**`2,354`**|`4,461`| |`Church repairs & renewals`|**`17,991`**|`38,441`| ||**`20,426`**|`43,382`| |**`Investment management costs`**||| |`Donations payable:`|**`8,600`**|`4,850`| |`Clergy living expenses`|**`47,260`**|`36,593`| |`Telephone`|**`351`**|`-`| |`Postage & stationery`|**`245`**|`475`| |`Motor & travelling`|**`1,514`**|`4,870`| |`Premises insurance`|**`5,289`**|`4,849`| |`Rates & water charges`|**`5,899`**|`3,906`| |`Professional fees`|**`-`**|`5,729`| ||**`69,158`**|`61,272`| |**`Other`**||| |`Plant and machinery`|**`11`**|`13`| |`Fixtures and fittings`|**`165`**|`194`| |`Motor vehicles`|**`360`**|`480`| |`Bank charges`|**`15`**|`-`| ||**`551`**|`687`| |`Total resources expended`|**`90,135`**|`105,341`| |**`Net income`**|**`18,438`**|`189,745`| |||| ``` This page does not form part of the statutory financial statements ``` ``` Page 13 ```