## COPTIC DIOCESE OF LONDON 

ST MARY AND ST GEORGE 

COPTIC ORTHODOX CHURCH 

## **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** 

**YEAR ENDED 31[st ] JULY 2024** 

1 



COPTIC DIOCESE OF LONDON
STMARY AND STGEORGE
COPTIC ORTHODOX CHURCH
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31stJuly 2024
CONTENTS
PAGE
CONTENTS
CHARITY INFORMATION
TRUSTEES REPORT
INDEPENDENT EXAMINATION
STATEMENT OF FINANCIALA￿1VITIES 7
BALANCE SHE
EXPENDITURE
NOTES
io

COPTIC DIOCESE OF LONDON
STMARY ANDSTGEORGE
COPTIC ORTHODOX CHURCH
Charity Information
ST
For the Year Ended 31 July 2024
Trustees
{1}
{2}
{3}
{4}
{5}
{6}
{7}
MR Halim Samir Halim Salama
Mr. MR Magdy Fayez Ghaly Rafla
MISS Amanda Sarah Rozeik
Mrs Salwa Ibrahirn Farid
Mrs Katherine Gamal Botros
Mr Maged Toma (resigned 17.07.2024)
Dr George Nasry Girgis Nesr (resigned 21.01.2024)
Chairman
Mr. Halim Samir Halim Salama
Secretary
Mr. Halim Samir Halim Salama
Treasurer
Mr. Magdy Fayez Ghaly Rafla
Charity Number
1057133
Registered Office
30 Fieldway
Dagenham
Essex
RM8 2BE
Date of Registration
26 July 1996
Independent Examiner IKOUD LTD
122 Twyford Road
Harrow
HA2 OSN
Bankers
Barclays Bank
737 Barking Road.
London.
Plaistow.
E13 9PL

COPTIC DIOCESE OF LONDON
STMARY AND STGEORGE
COPTIC ORTHODOX CHURCH
TRUSTEES REPORT FOR THE PERIOD ENDED 31 July 2024
The trustees present their report and accounts for the perTrod ended 31 st July 2024
Trustees
The trustees named on page 3 have seNed throughout the period and
Appointment of trustees is govemed by the Trust Deed of the charity.
Investment Powers
The Trust Deed authorizes the trustees to make and hold investments using the general
Funds of the charity
Constitution. Objects and Policies
The charity was formed on 26th July 1 ￿ and was registered with the Charity Commissioners,
registration number 1057133 on 26th July 19%. The Charrty is govemed by the Charities Act 2011
and its Trust deed dated the 26th Juty 1996.
Saint Mary and St George Coptic Orthodox Church is an indivisible part of the Coptic Orthodox
Church of Egypt which has as its Supreme Head His Holiness the Pope of Alexandria and Patriarch of
the See of St. Mark. The authortty of His Holiness the Pope and the Holy Synod of the Coptic
Orthodox Church extends to the entire See of Saint Mark. both in Egypt and abroad. Such authority
cannot be changed, revoked, aliered. defied or modtfied.
The Custodian of the Charity is His Holiness the Pope or. rf appointed. The Diocesan Bishop.
Coptic Orthodox Diocese London
On 11 November 2017. Saint Mary and Saint George Coptic Orthodox Church, become part of the
Coptic Orthodox Diocese of London.
The charity is managed by the Church Council consisting of the Presiding Bishop. The Priests of the
Church and not less than five Council Members, who shall be appointed from time to time by the
Diocesan Bishop or His Holiness the Pope being the highest authority in the Coptic Orthodox Church.
His Holiness the Pope or the Diocesan Bishop may appoint in writing. any person he delegates to act
on his behalf in this respect.
All members of the Church Council are Trustees of the Charity, on ceasing to be a member of the
Church Council, that indNidual will also cease to be a Trustee of the Charty.
The object of the charity is to promote the Coptic Orthodox Church in the United Kingdom. In
furtherance of this object the Trustees may provide and maintain pla￿S of public worship, carry on
religious services. pay and provide for the housing of priests. hold religious and other meetings in
connection with the Coptic Orthodox Church, provide assistance for the needy in the United Kingdom
and abroad.

COPTIC DIOCESE OF LONDON
ST MARY AND ST GEORGE
COPTICORTHODOX CHURCH
Development. Activities and Achlevements
During the year, the youths of the church attended and organised conferences, retreats and trips, in
some cases in conjunction with other Coptic Churches in the UK and abroad.
They have Sunday Schools, youth meetings. prayer meetings, Bbi le studies, and pre-and post
graduate meetings.
The church has sports activities and has foc*ball and tennis table teams which play and compete
against teams of other Coptic Churches in the UK
The church is open most days of the week for celebrating the Divine Liturgy. prayer meetings,
seminars, group discussions. Bible studies, Coptic language lessons. Coptic hymns lessons and other
church activities
Financial Review
The financial position of the charity is considered most satisfactory this year
Future Plans
The church are still raising funds and activety looking to purchase a church building in East London
area to enable it to introduce services on Sundays and other days of the week.
Statement of Trustees Responsibilities
The trustees are required under the constitution of the charity to prepare financial
Statements for each financial year. which give a true and fair view of the state of affairs
Of the charity and of its results for that period. In preparing those financial statements
The trustees are required to..
(a) Select suitable accounting policies and apply them consistentty:
(b) Make judgments and estimated that are reasonable and prudent"
(c) Prepare the financial statements on a going concem basis unless it is inappropriate
to assume that the charity will continue in business.
The trustees are ￿spOnSIble for keeping proper accounting records, which disclose with
Reasonable accuracy at any time the financial position of the charity. They a￿ also
Responsible for safeguarding the assets of the charity and hen￿ for taking reasonable
Steps for the prevention and detection of fraud and other irregularities
Approval
The trustees approved this report on .
. and signed on their behalf,
Mr Halim Samir Halim Salama
Trustee

INDEPENDENT EXAMINERS REPORTTO THE MANAGEMENT COMMIThEE OF
T MARY AND
T GEORGE COPTIC ORTHOt)OX CHURCH
We report on the accounts of the charity for year ended 31 July 2024 which are attached.
Res
ective res
onsibilities of trustees and examiners
The charty trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year (under Section 144(2) of Charities Act 2011 and
only an independent examination is required.
It's our responsibilty to-.
- examine the a¢￿unt$ under section 145 of 2011 Act.
- to follow the prO￿dureS laid down in the General Directions given by the charity commission under
section 145(5)(b) of the 2011 Act: and
- to state whether particular matters have come to our attention.
asis
f inde
endent examinerfs re
Our examination was carried out in accordance with the General Directions by the chanty
Commissioners. An examinatton includes a review of the accounting records kept by the chartty and a
comparison of the accounts presented with those records. it also includes consideration of any
unusual item or disclosu￿S in the accounts and s*king explanation from you as trustees conceffling
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequentty we do not express an audit opinion on the view given by the aGcounts.
ndent examinerfs ststement
In connection with our examination. no matter has come to our attention.
1- Vlthich gives us reasonable cause to believe that in any material respect the
Requirements.
- To keep accounting records in accordan￿ with section 130 of the 2011 Act. and
- To p￿pare accounts vthich accord with accounting records and to comply wrth the accounting
requirements of the charity commission have not been met" or
2- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached
Independent Examiner
S. KHALIL
IKLOUD LTD
Tax Accountants and Business Advisors
122 Twyford Road
Harrow
HA2 OSN

## COPTIC DIOCESE OF LONDON 

## ST MARY AND ST GEORGE 

## COPTIC ORTHODOX CHURCH 

## **BALANCE SHEET AS AT 31** ST **July 2024** 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Notes|31.07.2024|31.07.2023|
|Unrestricted|Restricted|Total|Total|
|Funds|Funds|Funds|Funds|
|£|£|£|£|
|Fixed Assets|
|Tangible Assets|0|0|0|0|
|Freehold Property|0|0|0|0|
|CURRENT ASSETS|
|Cash at Banks and in Hand|508,791|0|508,791|480,625|
|Debtors|25,755|0|25,755|27,444|
|Net Assets|534,546|0|534.546|508,069|
|CREDITORS|
|Amounts falling due within one year|.:,:.0 ____ ......:,0:-.... __ ..:,0:-.... ______|(896)|=|
|NET ASSETS/(LIABILITIES)|534,546|0|534,546|507,173|
|Funds|
|Unrestricted Funds|534,546|534,546|
|Total Funds|534,546|534,546|
|This financial statement was approved and authorised for issue|
|On|·|
|9··,-J?|••:2.-CJ.2..h-|
|oa|COPTi¢.|
|Signed on behalf of the Trustees by|
|HALIM SAMIR HALIM SALAMA (|

**----- End of picture text -----**<br>


## **Fixed Assets** 

8 



COPTIC DIOCESE OF LONDON
ST MARY AND STGEORGE
COPTICORTHODOX CHURCH
Statement of Finan¢lal Activities for the period Ended 3tst Juty 2024
Note. Unrestricted
Funds
RestrKted
Funds
Total
Funds
Total
Funds
2024
2024
2024
2023
INCOMING RESOURCES
Donation
Gift Aid Claimed
Bank Interest Received
Job retention scheme Income
102,019
25,754
6,466
102,019
25.754
6.466
118,871
27,444
1,791
Totsl Incoming Resources
39
io
RESOURCES EXPENDED
Charitable expenditure
Management and administration of the
Charity
106,866
106,866
102,492
Total Resources Used
106 866
102 492
Net Movement in Funds for the period
Balance Brought Forward at l August 2023
480.625
480.625
Total Funds CIF at 31 July 2024
508,791
508,791

## COPTIC DIOCESE OF LONDON 

## ST MARY AND ST GEORGE 

## COPTIC ORTHODOX CHURCH 

## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31[st ] July 2024** 

## **1. Charitable Expenditure** 

||2024|2023|
|---|---|---|
||£|£|
|**Management & Administration of Charity**|||
|**Priest Accommodation, Salaries & Expenses**|||
|Priest Wages and Salaries|52,867|52,854|
|Employer NI|0|1,221|
|Pension|2,443|3,522|
|Other Expense|0|_l_|
||**55,310**|**57,599**|
|**Church Expenses**|||
|Church Consumables|6,463|9,710|
|London Diocesan fund|6,753|7,936|
|Waste Disposal|0|0|
|Rent of Church|18,586|12,350|
|Electricity & Council Tax|518|1,433|
|The Coptic Festival|0|0|
|Repairs and Maintenance|320|736|
|Cleaning|2,020|1920|
|Stationary|2,227|140|
|Telecommunications|0|210|
|Legal Fees|0|0|
|Website costs|173|158|
|Water rates|296|317|
|Bank charges|0|0|
|Insurance|0|0|
|Other charitable donations|14,200|9,983|
||**51,556**|**44,893**|
|**Total Expenditure**|**106,866**|**102.492**|



9 



COPTIC DIOCESE OF LONDON
ST MARY AND ST GEORGE
COPTICORTHODOX CHURCH
Year ended 31st July 2024
Accountlng Policies
Basls of Preparation of Accounts
The accounts are prepared underthe historical cost convention and include the results
Of the charivs operations.
The accounts have been prepared accordance with the Statement of Recommended
practi￿ for Charity Accounts
The charity has taken advantage of the exemption to produ￿ a cash flow statement
on the ground that it qualifies as a small charity
Income
Voluntary income and donation are accounted for as received by the charity.
Management and Administration Expenditure
Expenditure on management and administration of the charity includes all expenditure
not directly related to the charitable activty.
Members of the church council who seNed during this period are stated below.
{1}
{2}
{3}
{4}
{5}
{6}
{7}
MR Halim Samir Halim Salama
Mr. MR Magdy Fayez Ghaly Rafla
MISS Amanda Sarah Rozeik
Mrs Salwa Ibrahim Farid
Mrs Katherine Gamal Botros
Mr Maged Toma (resigned 17.07.20241
Dr George Nasry Girgis Nesr (resigned 21.01.2024)
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