REGISTERED CHARITY NUMBER". 1024592
REPORT OF THE TRUSTEES AND
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDE
31 DECEMBER 2023
THE COPTIC
RTHODOX CHURCH CENTRE
George Gendy (Senior Statutory Audtlor)
on behaw of Prescott Gendy Aslam
Hollington House
Flitton Hill
Bedford
Bedfordshire
fvIK45 2BE

THE COPTIC ORTHODOX CHURCH CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
Report of the Trustees
1 to 4
Report of the Independent Auditors
ststement of Financlal Actsvilw8
Statsment of Financial Position
Statement of Cash Flows
Notes to the Statement of Cash Flows
10
Notes to the Financial Slatements
11 to 18
Detailed Statement of Financial Activities
19 to 20

THE COPTIC ORTHODOX CHURCH CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report with the financial Statern￿ of the charity for the year ended 31 December 2023. The
trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practi
applicable to charitses preparing their accounts in accordance with Finanaal Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effe(#ive 1 January 2019).
OBJECTIVES AND ACTIVITIES
ObJectives and aims
The main objective of the charrty is to promote the faith of the Coptic Orttth Churth. The trustees have considered
the Commissioners guidano on the public benefft ar￿. in partiojlar. the specrfic guidance on ¢harrtses for the
advan￿ment of all religions. The chartty ￿111 continue to provide the following services and activibes as currently
provided by the ￿ntre in pursuan￿ of its thartlable aims:
To provide and maintain a place of public worship arKI for officiating sacraments and for the due performance of the Tites
of marriage and other ￿remOn[eS a(￿rdIng to the principles of the Coptic Orthodox Church.
To teath and educate members of the Coptic Orthodox Communty in the doctrine and pradi￿S of The Coptic Orthodox
Church.
To hold and othenwise promote religious meetings anij ￿)nferenCeS liduding the provision of accommodation for
persons from other churthes in the centre.
To assist the needy members of the Coptic Orthodox Church in the Unrted Kingdom and also abro&J to indude payment
of donations for this purpose.
To promote and run youth adivttses t*)th physical and spiritual to include the provision of Sunday school. youth
meetings and family trips.
To provide four weekly masses.
Slgnificant activities
The Coptic Orthodox Church has continued as a member of all the official ecumenical instrument in the United
Kingdom. The church continues to work towards developing relationships with other religions and interfarth groups and
has established contacts with govemment interfaith and cohesion departments. The Coptic Orthodox Church takes an
active particrpation and contribution to the prtsJress of Christian ministry within the United Kingdom..
The partsh of Saint George. within The Coptic Orthodox Centre provrdes a vartety of spirttual. s¢xial and community
services to people within Hertfordshire. Greater London, Cambridge, Bedforshire and surrounding areas. tt prowdes
setvices and activities for all the famity with a variety of factlttres vllthin the Centre.
In December 2023 an Advent Servi￿ and Christmas reception vras held in St Georges Cathedral was attended by
over 600 people.
The Charity has continued to increase tvs on line services and S￿MonS for all parishiiJ)ers.
Volunteers
Volunteers. who are members of our church are invofved in our church and communty adivities and contribute greatly
to both our faith and communty work. We encourage our youth to partictpate in our churth acttvities and in the City
Mission project we run for the homeless.Trustees also give their time freely to the tharity.
All volunteers, clergy, servants and paid and unpard staff. working with projeL*s invofving children or other vulnerable
groups are subject to an enhanced Disdosure and Barring Service (DBS) check.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity carries OLrt a wide range of athibes in pursuan￿ of Dts charitable aims to promote the Coptic Church in the
UK..
The Saint George Benevolent Fund was forn7ed to relieve poverty by providing for food. medical and educational
needs to the poorest communtties in Egypt and Sudan. Thanks to the generosty of our donors to this fund we have
continued to provide for the poor and all moneys collected for this purF*)se V￿re sent directly to where it is most
needed..
The adivities undertaken by the Charity by promoting the Faith and helping the Khjorest families in Egypt and Sudan
have improved the lives of ivs beneficiaries and with the aim of making a differen(z..
Page 1

THE covnc ORTHODOX CHURCH CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
ACHIEVEMENT AND PERFORMANCE
Fundraising actlviti
During the year the Church has conlinued to r￿1ve donations from the ¢xJngregation and friends of the Chur¢h. The
funds raised from donations are used to pay for the running costs of the church and for the upkw and maintenance of
the church buildings.
Donations Y￿re also re￿iVed into the St George benevolent Fund whrch are used to alleviate povety and suffering in
Egypi, Sudan and other places. All donations received by the St George Benevolerrt Fund are sent directly to help the
needy and will continue to help those in need.
Investment perforniance
During the year the church continued to maintain ivs assets with general maintenano of ivs buildings at a cost of
£68,472 in the year.
FINANCIAL REVIEW
Flnancial position
The statement of financial activities is set out on page 7 and Sh￿ results for the year.
The Coptic Othodox Church Centre reported a net surplus on unrestricted funds of £2.473 .
At 31st December 2023, as shown on the statement of Financial Position. the Centre had net assets of
£4,011,.212 mainly held in Fixed assets and in bank ojrrent accounts.
Princlpal funding source$
The prinaple funding sources are from voluntary donations from members armd friends of the Coptic Orthodox Church
Centre.
Reserves policy
Free reserves were held at the Charitys bank of £504.230 fulure Irnprovem￿ to the buildings and to assist where
it may be necessary for the needy in both the UK and abroad.
FUTURE PIANS
In addition to continuing the work to meet our objectives a￿1 aims. The Coptic Orthodox Church Centre will continue
serving it's community locally in the UnFted Kingdom through a series of spiritual and pastoral activities. The Centre will
also continue to serve the wrder communty wtth the ongoing challenges presented by the conflicts in the world and
affects on the economy on communities in the Uk and overseas.
The Centre wll also endeavour to serve those in greatest need, as we look to••ards developments ￿￿thIn our communty
and in the broader communty in the coming months and years.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its goveming d0￿Ment. a deed of trust and rxjnsiltutes an unincorporated charity.
Recruitinent and appolntment of new trustees
The trustees are responsible for the recruitment of new trustees. Appointment of new trustees are govemed by the
charitys constitution.New trustees are given training by e￿￿Ing trustees on The Church Constitution and on the
financial position and future plans and objectives.
Organlsational structu
The Coptic Orthodox Church Centre is part of the Coptic Orthodox Church in Egypt which has as rts Supreme Head the
Pope of Alexandria and derives its spiritual authority to fvnclion from the Holy Synod of the Coptic Orthodox Patrtafchate
in Cairo, Egypt.
The charity trustees, Dr E Hemaya and Archbishop A Angaelos are resFX)nsible for the general o)ntrol and management
of the charity. The trustees give their time freety and receive remunerati￿ or other financial beneffts.
The management of the Church is vested in a Committee who are appointed by the Pope. The Offi￿rS of the Church are
the Chairman, Secretary and Treasurer who are aprM)inted by the Committee from its members.
The Committee meets tOgett￿ as a body at least four times a year and are responsible for all decistons taken in
relation to the administration of the charity.
Page 2

THE COPTIC ORTHODOX CHURCH CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Inductlon and training of new tntstees
Following appointment, new tTUStees are introduced to Iheir role and are given a (x)pies of the Deed of Constitution and
policies and procedures adopted by the charity.
Risk management
The trustees have a duty to identify and ￿V￿¥ the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against major risks by actiVty.The twstees are satisfied that
systems and procedures are in place. or arrangements are in hand. to manage any risks that have been identified.
The trustees have considered the potential impact of the coronavirus pandemic and have put further pro￿lUreS in
place to mitigate the risks the thurth faces and to ensure compliance with heafth and safety of ivs parishioners. visitors.
volunteers and stsff.
REFERENCE AND ADMINISTRATIVE DETAILS
Registere(I Charlty number
1024592
Principal address
Shephalbury Manor
Broadhall Way
Stevenage
Hertfordshire
SG2 8NP
Trustees
Archbishop A Angaelos
Dr E Hemaya
Auditors
George Gendy (Senior Ststutory Audttor)
on behalf of Prescott Gendy Aslam
Hollin9ton House
Flitton Hill
Bedford
Bedfordshire
MK45 2BE
TRUSTEES. RESPONSIBILITY STATEMENT
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordan￿ with
applicable law and United Kingdom A(x))unting Stsndards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England arKI Wales. the Charities Act 2011, Charity {Accounts and Reports)
Regulations 2008 and the provisions of the trust deed requires the trustees to prepare finanaal statements for each
financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources. induding the income and expendtture. of the charity for that period. In preparing those financial
ststements, the trustees are required to
seled suitable accounting policies and then apply them consistenty:
observe the methods and principles in the Charity SORP"
make judgements and estimates that are reasonable and prudent
state whether applicable accounting stsndards have been followed, subJ"e¢t to any material departures disdosed and
explained in the financial statements.,
prepare the financial statements on the going basis unless it is inappropriate to presume that the charity will
continue in business.
The trustees are responsible for keeping proper accounting records whith disdose V￿th reasonable awrag at any
time the financial position of the charity and to enable them to ensure that the financial sLqtements comply with the
Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are
also responsible for safeguarding the assets of the charrty and tw)ce for tskn'ng reasonable steps frjr the prevention and
detection of fraud and other irregulartties.
Page 3

ThE COPTIC ORTHOI)OX CHURCH CENTRE
REpoirr OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Approved by order of the board of trustees on 23 Odober 2024 and signed on rts behalf ty.
Dr E Hemaya - Trustee
Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES
THE COPTIC ORTHODOX CHURCH CENTRE
Opinion
We have audited the financial statements of The Coptic Orthodox Church Centre (the 'charity) for the year ended
31 De￿mber 2023 which comprise the Statement of Financial Activitses, the Statement of Financial Position, the
ststement of Cash Flows and notes to the financial statements. inctuding a summary of signvficanl accounting policies.
The financial reporting framework that has been applied in their preparation 15 applicable law and United Kingdom
Accounting Standards (United Krngdom Generafiy Accepted Accounting Pra(#1￿).
In our opinion the finanaal statements:
give a true and fair view of the stste of the charitys affairs as at 31 December 2023 and of its incoming reSoUr￿S
and application of resources. for the year then ended"
have been properly prepared in accordance ￿1th Untted lQngdom Generally Acopted Accounting Practice.. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for oplnion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further desuibed in the Audito￿. responsibiltties for the audit of the
financial statements section of our report. We are independent of the chartty in accordan￿ with the ethical
requirements that are relevant to our audit of the financial statements in the UK. induding the FRC'S Ethical Standard,
and we have fulfilled our other ethiol responsibiltti.es in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficrent and apprr)priate to provide a basis for our opinion.
Conclusions relating to going concem
In audtting the financial statements. we have conduded that the trustees, use of the going ￿nCern basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or wndilions
that, indtvidually or collectively. may cast signifiixnt doubt on the chartvs abilty to continue as a going con￿rn for a
period of at least twelve months from vthen the financial statements are authorised for issue.
Our responsibiltties and the responsibilities of the trustees v￿th respe(1 to going concem are described in the relevant
sections of this report.
Other infonnation
The trust&s are responsible for the other inforniation. The other Inf￿ation compiises the InfO￿atIOn induded in the
Annual Report. other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements d￿S not cover Ihe other inf0M￿tiOn and. exLWt to the extent otherMse
explicitly stated in our report. we do not express any form of assuran￿ condusion thereon.
In connection with our audit of the financial statements. our responsibility ￿ to read the other information and, in doing
so, consider whether the other infonnation is materially inconsistent viith the finanLial st*ments or our knowledge
obtained in the audit or otherwise appears to be materialty misstated. If we identrfy such material inconsistencies or
apparent material misststements, we a￿ required to determine whether this gwes rise to a material misstatemerlt in the
financial statements themselves. If. based on the work we have performed, V￿ condude that there is a material
misstatement of this other infomiation, we are required to report that facL We have nothing to report in this regard.
Matters on whlch we are requlred to report by exception
We have nothing to report in respect of the foll¢)wing matters where the Charities {Ac(xJunts and Reports) Regulations
2008 requires us to report to you rf, in our opinion:
the infomiation given in the Report of Ihe Trustees is inconsistent in any material respect with the financial
statements- or
sufFicienl accounting records have not been kept" or
the financial statements are not in agreement writi the accounting records and retums" or
we have not received all the infonnation and explanations we require for our audiL
Responsibilities of trustees
As explained more fully in the Trustees, Responsibililtes Statemerrt, Ihe trustees are responsible for the preparation of
the financial statements vthich give a true and fair view, and for such intemal control as the trustees determine is
necessary to enable the preparation of financial st*ments that are free from material misstatement, vthether due to
fraud or error.
In preparing the finanaal statements. the trustees are resp)nsible for assessing the charitys abilty to L))ntinue as a
going Con￿￿, disdosing, as applicable. matters related to going concern and using the going concem basis of
accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realisti
altemative but to do so.
Page 5

REPORT OF THE INDEPENDENT AUDrroRS TO THE TRUSTEES OF
THEC
PTIC ORTHODOX CHURCH CENTRE
Our ￿ponsibilitieS fi)r the audit of the finan¢lal statements
We have been appointed as auditors under Sectton 144 of the Charities Act 2011 and rewrt in a(xordance with the Act
and relevant regulations made or havrng effect thereunder.
Our objectives are to obtsin ￿aSOnable assurance about whether the financral statements as a whole are free from
material misststement, whether due to fraud or effor. and to issue a Report of the Independent Audttors that includes
our opinion. Reasonable assuran￿ is a high level of assurance, but is not a guarantee that an audit ￿nducted in
accordance with ISAS (UK) will always detect a material misstatement vhjen it exists. Misstatements can anse from fraud
or error and are considered material rf, individually or in the aggregate, they Could reasonabty be expected to infiuen
the economic decisions of users taken on the basis of these finanaal statsments.
The extent to which our procedures are capable of deteL#ing irTegularities. Ind￿lIng fraud is detsiled belovf.
I have ￿nSidered the legal and regulation requirements applicable to the charity induding the Charity Act 2011 and the
changes introdU￿d by the Charities Art 2022 and the tharity Sorp. I have fo￿Sed on specific laws and regulations
which I considered may have a matertal effect on the financial statements, data protection, employment and risk
assessments carried OLrt by the Trustees.
I discussed the risks of non-compliance ￿ryth th8 laws and regulations Thith the Trustees and also made enquiries with
them as to any known instances of nowmpliance or rfthey suspected any non-Gompiiance wrth laws and ￿gUlatiOns. I
considered any risks of material mis-statement of the finanaal ststements due to fraud or error how this could occur.
Following discussions held with the managemerrt and the Trustees. l also looked at any possible weaknessès in the
internal controls that could result in fraud or nOn￿p1[anCe and have designed our audtt procedures to lest the
controls and intemal procedures. I have carned out analytiLxl p￿dureS to idenbfy and unusual or unexpected
relationships.
A further desrJiption of our responsibilities for the audit of Ihe financFal statements is located on the Finanual Reporting
Council's website at www.frc.org.uklauditorsresponsibilittes. This description fonns part of our Report of the Independent
Auditors.
Use of our report
This report is made sopely to the ¢hariVs trustees. as a bcmjy. in accordan￿ with Part 4 of the Charities (Accounts and
Reports) R
ulations
matters w
requi
008. Our audit work has been undertaken so that V￿ might stsle to the charity's trustees those
by law,
to stale to them in an auditors. report and for no other purpose. To the fullest extent pemiitted
for our au
ptor
this
ume responsibilty to anyone other than the (*tarrty and the charivs trustees as a body,
ort, or for the opinions we have formed.
George Gen
y (Senior Statutory Auditor)
on behalf of Prescott Gendy Aslam
Hollington House
Flttton Hill
Bedford
Bedfordshire
MK45 2BE
23 October 2024
Page 6

THE COPTIC ORTHODOX CHURCH CENTRE
STATEMEKf OF FINANCIAL ACTivmES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestiicted Restrtcted
fijnds
fijnds
31.12.23
Total
funds
31.12.22
Total
nds
INCOME AND ENDOWMENTS FROM
Donations and lega￿eS
Investment income
Other income
Notes
479.346
479.346
489,217
25.154
6.085
25,154
6.085
25,050
45,039
Total
510,585
510,585
559,306
EXPENDITURE ON
Raising funds
9.091
Charitable activities
Church Expenses
Donations
Cty Mission
Diocese of London expenses
Convent expenses
Refcemi expenses
Youth expenses
Contribution to The Coptrc Orthodox Di0￿Se of
London
9.091
7,629
350,205
109,248
350,205
109.248
313.520
165,gtJ)
1,136
92,014
23,907
12.931
12.931
729
729
2,879
Other
19,049
13.200
Total
13,200
508.112
508.112
826,034
NET INCOMEI(EXPENDITURE)
Transfers betwoen funds
Not movement In funds
2.473
65.272
17
2,473
{65.272)
(66,728)
67.745
(65,272)
RECONCILIATION OF FUNI)S
Total funds brought forward
2.473
(66,728)
3.943.467
65,272
4,008,739
4.075,467
TOTAL FUNDS CARRIED FORWARD
4.011.212
4,011,212
4,008,739
The notes form part of these finanual statements
Page 7

THE COPTIC ORTHODOX CHURCH CENTRE
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023
Unrestricted Restricted
funds
funds
31.12.23
Total
fijnds
31.12.22
Total
funds
Notes
FIXED ASSETS
Tangible assets
Investment propety
4202.838
411.011
12
4,202,838
411.011
4,223.405
411,011
4,613,849
4,613.849
4,634,416
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
,176
504.230
90.176
504,230
321,857
268,650
594,4C6
590,507
CREDITORS
Amounts falling due wrthin one year
14
(107.013)
(107.013)
(g2,462)
NET CURRENT ASSETS
487.393
487,393
498,045
TOTAL ASSEfs LESS CURRENT LIABIUTIES
CREDITORS
Amounts falling due after more than one year
5.101242
5.101,242
5,132,461
15
(1.OW.030)
(1.090.030)
(1.123.722)
NET ASSETS
4.011.212
4,011.212
4.008.739
FUNDS
Unrestricted funds
Restricted funds
17
4,011.212
3.943.467
65,272
TOTAL FUNDS
4,011,212
4,008,739
The financial statements were approved by the Board of Trustees and authorised for issue on 23 October 2024 and
were signed on its behalf by:
A Angaelos - Trustee
E Hemaya - Trustee
The notes form part of these financ481 statements
Page 8

THE COPTIC ORTHODOX CHURCH CENTRE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
Notes
31.12.23
31.12.22
Cash flows from operating activities
Cash generated from operations
Interest paid
344.775
(77,341)
(265,762)
(57,807)
Net cash provided byl(used in) operating 8divrt￿S
267,434
(323,569)
Cash flows from investing athibes
Purchase of tsngible fixed assets
Interest received
154
(48,977)
50
Net ca¥h provided byl{used in) investtng ac*vilRs
154
(48,927)
Cash flows from financing activitles
Loan repayments in year
Net cash used in financing activities
(32,002)
(11.411)
(32,002)
(11.411)
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
235,586
{383,907)
268,644
652.551
Cash and cash equivalents at the end of
the reporting period
504.230
268,644
The notes fomi part of these financial statements
Page 9

THE COPTIC ORTHO
X CHURCH CENTRE
NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
RECONCILIATION OF NET INCOMEI(EXPENIXTURE) TO NET CASH FLOW FROM OPERATING
ACTMTIES
Net incomel(expendltuTr) for the reporting perfod (as per tho
Statement of Financial Aclivfties)
Adjustments for
Depreciation charges
Interest re￿IVed
Interest paid
Decreasel{increase) in debtor5
Increase/(decrease) in creditors
31.12.23
31.12.22
2.473
(66,728)
20,567
(154)
77.341
231.681
12.867
25,013
(50)
57,807
(248.260)
(33.544)
Net cash provided byl(used in) operatlons
344.775
(265,762)
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash Fn hand
Noti￿ depostts Oess than 3 months)
Overdrafts incfuded in bank loans and overdrafis falling due within one year
Total cash and cash equivalents
31.12.23
31.12.22
503,345
547
268.103
(6)
504.230
268,644
ANALYSIS OF CHANGES IN NET DEBT
At 1.1.23
Net cash
Cash at bank and in hand
Bank overdraft
Cash Ilow
At 31.12.23
(6)
235,580
504,230
268,644
235.586
504,230
Debt
Debts falling due ¥￿thin 1 year
Debts falling due after 1 year
(62.430)
{1.123.722)
(1,690)
33,692
(64,120)
(1.090.030)
(1,154,150)
(649,920)
Total
(1.186,152)
32,002
(917.508)
267.588
The notes form part of these financial statements
Page 10

THE COPTIC ORTHOIK)X CHURCH CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POUCIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the (*arity. whith is a public benefft entity under FRS 102, have been prepared in
accordano wttt) the Charities SORP (FRS 102) AccountFng and Reporting by Charities." Statement of
Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).,
Financial Reporting Standard 102 The Financial Reporting Stsndard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared under the histOriGal cost
convention.
INCOME
All income is recognised in Ihe Statement of Financial Activrti"es i)nce the charity has entrtlement to the funds. it
is probable that the income will be received and the amount (an be measured ￿lIablY.
EXPENDITURE
Liabilities are recognised as expendtiure as soon as there is a legal or constructtve obligation committing the
chartty to that expenditure, tt is probable that a transfer of economic beneffts WFII be required in settlement and
the amourrt of the obligation can be measured reliatdy. Expenditure is accounted for on an accruals basis and
has been dassified under headings that aggregate all cost related to the category. Where o)sts cannot be
directly attributed to particular headings Ihey have been allocated to aclivities C￿ a basis consistent with the use
of reSoUr￿s.
Grants offered subject to conditions vthich have not been met at the year end date a￿ noted as a commitment
bLrt not accrued as expendjture.
TANGIBLE FIXED ASSErs
Depreciation is provided at the fdlcwing annual rates in order to ￿lIe off each asset over its estimated useful
Freehold property
Fixtures and fittings
Motor vehides
20/0 on cost
15¥0 on reductng balan
25Yo on reducing balance
Depreciation is not charged on freehold land. Deprrfi*ion on the freehold buildings would be chargeable but is
subject to an annual revrew of the properlies by the trustees. No depreciation vms ￿nSIdered ne￿$Sary due to
the continuous repairs and maintenance of the properb"8S.
INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggwate surplus or defi(it arising from changes in
fair value is recognised in the Statement of Finanaal Activrties.
TAXATION
The charity is exempt from tax on its charitable activibes.
FUND ACCOUNTING
Unrestricted funds can be used in a¢cordan¢e vfith the charitable obiecbves at the dis(xetion of the trnslees.
Restricted funds can onty be used for particular restricted purposes within the objects of the charFty. Restrictions
arise when specified by the donor or when funds are raised for parttcJJlar restrithd purposes.
Further explanation of the nature and wrpose of each fund is induded in the notes to the financial statements.
PENSION COSTS AND OTHER POST-RETIREMEKf BENEFITS
The charity operates a define(I contr[bL￿.0￿ pension ￿herne. Contributions payable to the charitys pension
scheme a￿ Charged to the Statement of Financtal Ath'vtties in the period to ￿thIch they relate.
Paoe 11
cc)nts"nued...

THE COPTIC ORThODOX CHURCH CENTRE
NOTES TO THE FINANCIAL STATEMENTS _ continued
FOR THE YEAR ENDED 31 DECEMBER 2023
DONATIONS AND LEGACIES
31.12.23
Donations
Gfft aid
Grants
31.12.22
432.894
46,452
357.933
66,012
65.272
479,346
489.217
Grants received. induded in the above. are as follows:
31.12.23
31.12.22
Institute of Developmerrt Studies
65,272
INVESTMENT INCOME
31.12.23
31.12.22
Rents receivable
Deposit account interest
25.IxJo
154
25,000
50
25.154
25,050
RAISING FUNDS
RAISING DONATIONS AND LEGACIES
31.12.23
31.12.22
Telephone & Intemet
Postage and stationery
Sundries
7,185
850
1.056
3.411
798
3,420
9,091
7.629
GHARITABLE ACTivmES COSTS
Grant
funding of
activrties
(see note
Direct
Costs
Support
costs (see
note 7)
6)
Totals
Church Expenses
Donations
Diocese of London expenses
Convent expenses
Refcemi expenses
Youth expenses
345.405
(482)
11,691
4.800
109.730
350,205
109,248
12,931
1.240
729
729
370,051
109,730
485,821
Page 12
continued...

THE coiyric ORTHODOX CHURCH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2
GRANTS PAYABLE
31.12.23
31.12.22
Donations
109,730
165,900
The Charity made grdnts trj Institutit)ns in the year totalling £109.730. These induded the follovjing grants..
From St Georges Benevolent Fund io help the needy in Egypt totalling £99.230
From St Georges Benevolent Fund to provide relief in Sudan
£10.000
Donation to St Mary Cowic Church, UK
£5
Grants V￿re made in accordan￿ wtlh obiectsves of the d￿rity.
SUPPORT COSTS
Govemance
costs
Other resources expended
Church Expenses
DI0￿Se of London expenses
13,200
4.800
1,240
19,240
Support costs. induded in the above, are as folIcw￿.
31.12.23
31.12.22
Ott)er
resources
expended
Church
of London
Total
activities
Total
activities
Auditors. remunerdtion
Legal & professional fees
13.21x1
13.200
12,060
10.004
4,8(Kl
1.240
13.2CK)
4.800
1.240
19,240
22,064
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. remuneralion or other beneffts for the year erKled 31 De￿mber 2023 nor for the year
ended 31 December 2022.
TRUSTEES. EXPENSES
There were no trustees. expenses paid for the year ended 31 December 2023 nor for the year ended
31 ￿e￿mber 2022.
STAFF COSTS
31.12.23
31.12.22
Wages and salaries
Social security costs
Other pension costs
67,021
116,102
8,274
1,366
340
68,807
125,742
The average monthty number of employees during the year was as follcyws:
31.12.23
31.12.22
Caretsker
Media
Priest
Secretarial
Page 13
ontinued...

THE COPTIC ORTHODOX CHURCH CENTRE
TES TO THE FINANCIAL STATEMENTS - contin
FOR THE YEAR ENDED 31 DECEMBER 2023
STAFF COSTS - continued
No employees received emoFuments in exw of£60.LMX).
COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTMnES
Unrestricted Restricted
funds
fijnds
10.
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
Other income
423.945
65.272
489.217
25,050
45,039
25.050
45,039
Total
494.034
65.272
559,306
EXPENDITURE ON
Raising fijnds
7,629
Charitable activities
Church Expenses
Donations
City Mission
DI0￿Se of London expenses
Convent expenses
Youth expenses
Contribution to The Coptic Orthodox DI0￿Se
of London
7,629
313.520
165,900
1.136
92,014
23.907
2.879
313.520
165.900
1,136
92,014
23,907
2,879
19,049
Total
19,049
626,034
626,034
NET INCOMEI{EXPENDITURE)
Transfers between funds
(132.000)
(65,272)
65,272
65.272
(86,728)
Net movement in fun(ts
(197.272)
130.544
RECONCILIATION OF FUNDS
Total funds brought forward
(66,728)
4.140.739
{65.272)
4.075.467
TOTAL FUNDS CARRIED FORWARD
3.943.467
65,272
4,008,739
11.
TANGIBLE FIXED ASSETS
Fixtures
and
ffttings
Freehold
propety
Motor
vehicIes
Totals
COST
At 1 January 2023 and 31 Dectmber 2023
DEPRECIATION
At 1 January 2023
Charge for year
4,100.193
266,017
4,412,075
163.661
15,353
25,009
5.214
188,670
20.567
At 31 December 2023
179,014
30,223
NET BOOK VALUE
At 31 December 2023
209.237
4.100.193
87,003
15,642
At 31 December 2022
4,202,838
4.100.193
102.356
20.858
4.223.405
Page 14
ontinued...

THE COPTIC ORTHODOX CHURCH CENT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
12.
INVESTMENT PROPERTY
FAIR VALUE
At 1 January 2023
and 31 December 2023
NET BOOK VALUE
At 31 December 2023
At 31 Deomber 2022
411,011
411,011
411,011
13.
DEBTORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR
Other debtors
The Coptic Dicrese of London
31.12.23
31.12.22
90,177
(1)
83.705
238,152
90.176
321,857
14.
CREDITORS: AMOUNTS FALUNG DUE MTHIN ONE YEAR
Bank loans and overdrafts (see note 16)
Trade credttors
Taxation and S￿la1 seojrity
Other ¢reditors
31.12.23
31.12.22
64.120
62.436
1.050
41.841
3,773
26,250
107,013
92,462
15.
CREDITORS". AMOUNTS FALUNG DUE AFfER MORE THAN ONE YEAR
Bank loans (see note 16)
31.12.23
31.12.22
1.090,030
1.123.722
16.
LOANS
An analysis of the maturity of loans is given belw.
31.12.23
Amourrts falling due within one year on demand:
Bank overdrafts
RBS Land Loan
31.12.22
64.120
62.430
Amounts falling between one and Iwo years:
Bank loans - 1-2 years
Amounts falling due beiween t￿) and fve year5:
Bank loans- 2-5 years
64.120
62.436
64.120
62,430
Amounts falling due in more than five years."
Repayable by instalments."
Bank loans more 5 yr by instal
192,360
187,290
833,5
874,002
Page 15
c£)nlinued...

THE COPTIC ORTHODOX CHURCH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
17.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
be￿en
funds
At 1.1.23
At
31.12.23
Unrestricted funds
General fund
St Mark & Pope Tawadros Fund
Youth Fund
Benevolent Fund
London Di0￿88n Fund
2,876.876
1233.862)
41.046
53.238
1.2CE.169
11.248
113,838
3,001,962
(233,856)
48,152
47,477
1.147,477
9,378
8.158
(26.31n
(2,272)
{13.919)
(32.375)
Restricted funds
Ref￿rni projects Institute of Development
Studie5
3,943.467
2,473
65.272
4,011,212
65.272
(65,272)
TOTAL FUNDS
4.(hJ8.739
2.473
4,011.212
Net movement in funds, included in the above are as follows:
Incoming
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Si Mark & Pope Tawadros Fund
Youth Fund
Benevolent Fund
London Diocesan Fund
354.028
(342,780)
11,248
13,034
127.645
15.878
(3,656)
{119,487)
(42.195)
9.378
8,158
(26,317)
510,585
(508.112)
TOTAL FUNDS
2,473
510,585
(508,112)
2.473
Comparatives for movement in funds
Net
movement
in funds
Transfers
beknn
fijnds
At 1.1.22
At
31.12.22
Unrestrtcted funds
General fund
St Mark & Pope Tawadros Fund
Youth Fund
Benevolent Fund
London Di0￿san Fund
2.976.937
(199.130)
37.179
91,618
1.234,135
(37.187)
(9,732)
4,267
(38,380)
(50,968)
(62.874)
(25.000)
(4CKI)
2,876,876
(233.862)
41.046
53.238
1.206.169
23.1x12
Restricted funds
Refcemi projects Institute of Development
Studies
4.140,739
(132.000)
(65.272)
3.943,467
(65.272)
65.272
65.272
65,272
TOTAL FUNDS
4.075.467
(66.728)
4,(M)8,739
Page 16
continued...

THE COPTIC ORTHOI)OX CHUR
H CENTRE
NOTES TO ThE FINANCIAL STATEMENTS _ continued
FOR THE YEAR ENDED 31 DECEMBER 2023
MOVEMENT IN FUNDS - contlnued
17.
Comparative net movemerrt in fijnds. induded in the atM)ve are as follows:
Incoming
resources
ReSoUr￿S
expended
Unrestrlcted fund8
General fund
St Mark & Pope Tawddros Fund
Youth Fund
Benevolent Fund
Lonclon Diotssan Fund
Movemenl
in fijnds
287,584
599
16.548
114.884
74.419
(324.771)
(10.331)
(12.281)
(153,264}
(125,387)
(626,034)
(37,187)
(9,732)
4.267
(38,380)
(50,968)
Restrict8d funds
Refcemi proiects Institute of Development
Studies
494,034
(132,000)
65272
65.272
TOTAL FUNDS
559,
(626.034)
(66.728)
A current year 12 months and prior year 12 months Combined position is as follows..
Net
movement
in funds
Transfers
betsveen
funds
At 1.1.22
At
31.12.23
Unrestricted funds
General fund
St Mark & Pope Tawadros Fund
Youth Fund
Benevolent Fund
London Di0￿san Fund
2.976,937
(199.130)
37.179
91,618
1.234.135
(25,939)
(9.726)
13.645
(30,222)
(77.285)
(25.0(K))
(2.672)
(13.919)
{9.373)
3,001,962
(233,856)
48,152
47,477
1,147,477
Restricted ￿ndS
Refcemi proiects Institute of Development
Studies
4.140.739
(129.527)
4,011.212
(65.272)
65,272
TOTAL FUNDS
4.075.467
(64,255)
4,011.212
A current year 12 months arKI prior year 12 months combined net movement in funds. induded in the above are
as follows".
Incoming
resouros
Resources
expended
Movement
in funds
Unrestricted funds
General fund
St Mark & Pope Tawadros Fur)d
Youth Fund
Benevolent Fund
London Diocesan Fund
641,612
(867,551)
{10,325)
(15,937)
(272.751)
(167,582)
(25.939)
(9,726)
13,645
(30.222)
177,285)
29,582
242,529
90,297
Restricted funds
Refcemi projects Institute of Development
Studies
1.IXH.619
{1.134,146)
(129.52n
65.272
65,272
TOTAL FUNDS
I.1￿9,891
(1.134,146)
(64,255)
Page 17
continued...

THE COPTIC ORTHODOX CHURCH CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
RELATED PARTY DISCLOSURES
18.
During the year a transfer of funds was made by Ydy of a cwtribubon to the Coptic Orthodox Diocese of
London. a Charity registered in England, to the value of £5.t]J).. The parties are related by virtue of having one
common Trustee. The transactrons were made in accordance with the terms of the chaiitys goveming
document.
Page 18