```
REGISTERED CHARITY NUMBER: 01061959
```
```
Report of the Trustees and
```
```
Audited Financial Statements
for the Year Ended 31 December 2020
```
## **`for`**
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
```
Botros & Co
Chartered Accountants
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
```
```
ST. ANTONY COPTIC ORTHODOX CHURCH
```
## **`Contents of the Financial Statements for the Year Ended 31 December 2020`**
|||**`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`|`13`|
|**`Detailed Statement of Financial Activities`**||`14`||
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Report of the Trustees for the Year Ended 31 December 2020`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended31December2020.Thetrusteeshaveadoptedthe provisions
ofAccountingandReportingbyCharities: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`**
```
(England and Wales)
```
## **`Registered Charity number`**
```
01061959
```
## **`Registered office`**
```
St.Leonard's Road
Eastwood
Rotheram
South Yorkshire
S65 1PA
```
## **`Trustees`**
```
H G Bishop Antony
Dr H Lotfallah
Dr E A Girgis
Dr D Yousseff
```
## **`Company Secretary`**
```
Dr H Lotfallah
```
## **`Auditors`**
```
Botros & Co
Chartered Accountants
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
```
## **`Bankers`**
```
Barclays Bank plc
P O Box 20
27 Church Street
Barnsley
South Yorkshire
S70 2AJ
```
```
Page 1
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Report of the Trustees for the Year Ended 31 December 2020`**
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Committee`**
```
Rev.Fr.Moussa Ghattas Chairman
Dr Hany Lotfallah Secretary
Dr Dawood Youssif Treasurer
Dr Evette Girgis
Dr Nabil Salama
Dr Magdi Moussa
Dr Emad Gabrawi
Dr Isis Sidhom
Dr Baher Bassilious
Dr Magdy El-Khanagry
Mr Amir Selim
```
## **`STATEMENT OF TRUSTEES' RESPONSIBILITIES`**
```
Thetrustees(whoarealsothedirectorsofSt.AntonyCopticOrthodoxChurchforthepurposesofcompanylaw) are
responsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordancewithapplicablelaw 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.
```
`Approved by order of the board of trustees on ............................................. and signed on its behalf by:` 9/09/2021
```
.................................................................
Charity secretary
Dr H Lotfallah - Secretary
```
```
Page 2
```
```
Report of the Independent Auditors to the Trustees of
St. Antony Coptic Orthodox Church
```
## **`Opinion`**
```
WehaveauditedthefinancialstatementsofSt.AntonyCopticOrthodoxChurch(the'charitablecompany')forthe year
ended31December2020whichcomprisetheStatementofFinancialActivities,theBalanceSheetandnotesto the
financialstatements,includingasummaryofsignificantaccountingpolicies.Thefinancialreportingframeworkthat has
beenappliedintheirpreparationisapplicablelawandUnitedKingdomAccountingStandards(UnitedKingdom 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 31 December 2020 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. Antony 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. Antony 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
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
Date: .............................................
```
```
Page 5
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Statement of Financial Activities for the Year Ended 31 December 2020`**
|||**`31.12.20`**|`31.12.19`|
|---|---|---|---|
|||**`Unrestricted`**|`Total`|
|||**`fund`**|`funds`|
||`Notes`|**`£`**|`£`|
|**`INCOME AND ENDOWMENTS FROM`**||||
|`Donations and legacies`||**`136,200`**|`110,544`|
|`Investment income`|`2`|**`12`**|`31`|
|**`Total`**||**`136,212`**|`110,575`|
|**`EXPENDITURE ON`**||||
|`Raising funds`|`3`|**`81,733`**|`81,753`|
|`Other`||**`2,225`**|`4,885`|
|**`Total`**||**`83,958`**|`86,638`|
|**`NET INCOME`**||**`52,254`**|`23,937`|
|**`RECONCILIATION OF FUNDS`**||||
|**`Total funds brought forward`**||**`517,015`**|`493,078`|
|**`TOTAL FUNDS CARRIED FORWARD`**||**`569,269`**|`517,015`|
|||||
```
The notes form part of these financial statements
```
```
Page 6
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Balance Sheet 31 December 2020`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`8`
**`CURRENT ASSETS`**
`Debtors`
`9`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`10`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`CREDITORS`**
`Amounts falling due after more than one year`
`11`
**`NET ASSETS`**
**`FUNDS`**
`13`
`Unrestricted funds`
**`TOTAL FUNDS`**|**`31.12.20`**
**`Unrestricted`**
**`fund`**
**`£`**
**`483,115`**
**`53,216`**
**`37,480`**
**`90,696`**
**`(4,542)`**
**`86,154`**
**`569,269`**
**`-`**
**`569,269`**
**`569,269`**
**`569,269`**|`31.12.19`
`Total`
`funds`
`£`
`484,531`
`53,216`
`34,787`|
|---|---|---|
|||`88,003`|
|||`(7,254)`
`80,749`
`565,280`
`(48,265)`|
|||`517,015`|
|||`517,015`
`517,015`|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 31 December 2020.
```
```
Themembershavenotdepositednotice,pursuanttoSection476oftheCompaniesAct2006requiringanauditof these
financial statements.
```
```
The trustees acknowledge their responsibilities for
```
```
(a)ensuringthatthecharitablecompanykeepsaccountingrecordsthatcomplywithSections386and387of the
Companies Act 2006 and
```
```
(b)preparingfinancialstatementswhichgiveatrueandfairviewofthestateofaffairsofthecharitablecompany as
attheendofeachfinancialyearandofitssurplusordeficitforeachfinancialyearinaccordancewith the
requirementsofSections394and395andwhichotherwisecomplywiththerequirementsoftheCompanies 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.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
H Lotfallah - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Notes to the Financial Statements for the Year Ended 31 December 2020`**
## **`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.
```
```
Improvements to property- 2% on cost
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.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
```
## **`2. INVESTMENT INCOME`**
```
31.12.2031.12.19
££
Deposit account interest 1231
```
```
continued...
```
```
Page 8
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2020`**
## **`3. RAISING FUNDS`**
## **`Investment management costs`**
|**`Investment management costs`**|||
|---|---|---|
||**`31.12.20`**|`31.12.19`|
||**`£`**|`£`|
|`House council & water charges`|**`248`**|`332`|
|`Telephone`|**`888`**|`815`|
|`Clergy living costs`|**`2,563`**|`4,119`|
|`House light & heat`|**`1,282`**|`1,429`|
|`Motor expenses`|**`380`**|`420`|
|`Travelling expenses`|**`540`**|`540`|
|`Sundry`|**`589`**|`177`|
||**`6,490`**|`7,832`|
|**`NET INCOME/(EXPENDITURE)`**|||
|`Net income/(expenditure) is stated after charging/(crediting):`|||
||**`31.12.20`**|`31.12.19`|
||**`£`**|`£`|
|`Depreciation - owned assets`|**`1,416`**|`1,796`|
||||
## **`4. NET INCOME/(EXPENDITURE)`**
## **`5. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2020norforthe year
ended 31 December 2019.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31December2020norfortheyear ended
31 December 2019.
```
## **`6. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
||**`31.12.20`**|`31.12.19`|
|---|---|---|
|`Priest & administrative staff`|**`1`**|`2`|
||||
```
No employees received emoluments in excess of £60,000.
```
## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**||
|---|---|
||`Unrestricted`|
||`fund`|
||`£`|
|**`INCOME AND ENDOWMENTS FROM`**||
|`Donations and legacies`|`110,544`|
|`Investment income`|`31`|
|**`Total`**|`110,575`|
|**`EXPENDITURE ON`**||
|`Raising funds`|`81,753`|
|`Other`|`4,885`|
```
continued...
```
```
Page 9
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2020`**
## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**||
|---|---|
||`Unrestricted`|
||`fund`|
||`£`|
|**`Total`**|`86,638`|
|**`NET INCOME`**|`23,937`|
|**`RECONCILIATION OF FUNDS`**||
|**`Total funds brought forward`**|`493,078`|
|**`TOTAL FUNDS CARRIED FORWARD`**|`517,015`|
|||
## **`8. TANGIBLE FIXED ASSETS`**
|`Improvements`
`Freehold`
`to`
`Plant and`
`property`
`property`
`machinery`
`£`
`£`
`£`
**`COST`**
`At 1 January 2020 and 31 December 2020`
**`444,514`**
**`33,467`**
**`11,322`**
**`DEPRECIATION`**
`At 1 January 2020`
**`-`**
**`669`**
**`8,526`**
`Charge for year`
**`-`**
**`-`**
**`419`**
`At 31 December 2020`
**`-`**
**`669`**
**`8,945`**
**`NET BOOK VALUE`**
`At 31 December 2020`
**`444,514`**
**`32,798`**
**`2,377`**
`At 31 December 2019`
`444,514`
`32,798`
`2,796`
`Fixtures`
`and`
`Motor`
`fittings`
`vehicles`
`Totals`
`£`
`£`
`£`
**`COST`**
`At 1 January 2020 and 31 December 2020`
**`7,803`**
**`11,700`**
**`508,806`**
**`DEPRECIATION`**
`At 1 January 2020`
**`6,714`**
**`8,366`**
**`24,275`**
`Charge for year`
**`163`**
**`834`**
**`1,416`**
`At 31 December 2020`
**`6,877`**
**`9,200`**
**`25,691`**
**`NET BOOK VALUE`**
`At 31 December 2020`
**`926`**
**`2,500`**
**`483,115`**
`At 31 December 2019`
`1,089`
`3,334`
`484,531`|`Improvements`
`Freehold`
`to`
`Plant and`
`property`
`property`
`machinery`
`£`
`£`
`£`
**`COST`**
`At 1 January 2020 and 31 December 2020`
**`444,514`**
**`33,467`**
**`11,322`**
**`DEPRECIATION`**
`At 1 January 2020`
**`-`**
**`669`**
**`8,526`**
`Charge for year`
**`-`**
**`-`**
**`419`**
`At 31 December 2020`
**`-`**
**`669`**
**`8,945`**
**`NET BOOK VALUE`**
`At 31 December 2020`
**`444,514`**
**`32,798`**
**`2,377`**
`At 31 December 2019`
`444,514`
`32,798`
`2,796`
`Fixtures`
`and`
`Motor`
`fittings`
`vehicles`
`Totals`
`£`
`£`
`£`
**`COST`**
`At 1 January 2020 and 31 December 2020`
**`7,803`**
**`11,700`**
**`508,806`**
**`DEPRECIATION`**
`At 1 January 2020`
**`6,714`**
**`8,366`**
**`24,275`**
`Charge for year`
**`163`**
**`834`**
**`1,416`**
`At 31 December 2020`
**`6,877`**
**`9,200`**
**`25,691`**
**`NET BOOK VALUE`**
`At 31 December 2020`
**`926`**
**`2,500`**
**`483,115`**
`At 31 December 2019`
`1,089`
`3,334`
`484,531`|`Improvements`
`Freehold`
`to`
`Plant and`
`property`
`property`
`machinery`
`£`
`£`
`£`
**`COST`**
`At 1 January 2020 and 31 December 2020`
**`444,514`**
**`33,467`**
**`11,322`**
**`DEPRECIATION`**
`At 1 January 2020`
**`-`**
**`669`**
**`8,526`**
`Charge for year`
**`-`**
**`-`**
**`419`**
`At 31 December 2020`
**`-`**
**`669`**
**`8,945`**
**`NET BOOK VALUE`**
`At 31 December 2020`
**`444,514`**
**`32,798`**
**`2,377`**
`At 31 December 2019`
`444,514`
`32,798`
`2,796`
`Fixtures`
`and`
`Motor`
`fittings`
`vehicles`
`Totals`
`£`
`£`
`£`
**`COST`**
`At 1 January 2020 and 31 December 2020`
**`7,803`**
**`11,700`**
**`508,806`**
**`DEPRECIATION`**
`At 1 January 2020`
**`6,714`**
**`8,366`**
**`24,275`**
`Charge for year`
**`163`**
**`834`**
**`1,416`**
`At 31 December 2020`
**`6,877`**
**`9,200`**
**`25,691`**
**`NET BOOK VALUE`**
`At 31 December 2020`
**`926`**
**`2,500`**
**`483,115`**
`At 31 December 2019`
`1,089`
`3,334`
`484,531`|`Plant and`
`machinery`
`£`
**`11,322`**
**`8,526`**
**`419`**
**`8,945`**
**`2,377`**|
|---|---|---|---|
||`444,514`|`32,798`|`2,796`|
||`Fixtures`
`and`
`fittings`
`£`
**`7,803`**
**`6,714`**
**`163`**
**`6,877`**
**`926`**|`Motor`
`vehicles`
`Totals`
`£`
`£`
**`11,700`**
**`508,806`**
**`8,366`**
**`24,275`**
**`834`**
**`1,416`**
**`9,200`**
**`25,691`**
**`2,500`**
**`483,115`**||
||`1,089`|`3,334`|`484,531`|
```
continued...
```
```
Page 10
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2020`**
|**`9.`**
**`DEBTORS`**
`Amounts falling due within one year:`
`Income tax recoverable`
`Amounts falling due after more than one year:`
`Sundry debtors`
`Aggregate amounts`
**`10.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Bank loans and overdrafts (see note 12)`
`Social security and other taxes`
`Pension payable`
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`**
`Bank loans (see note 12)`
**`12.`**
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due within one year on demand:`
`Bank loans`
`Amounts falling due in more than five years:`
`Repayable by instalments:`
`Bank loans more 5 yr by instal`
**`13.`**
**`MOVEMENT IN FUNDS`**
`At 1.1.20`
`£`
**`Unrestricted funds`**
`General fund`
**`517,015`**
**`TOTAL FUNDS`**
**`517,015`**|**`31.12.20`**
**`£`**
**`3,216`**
**`50,000`**
**`53,216`**
**`31.12.20`**
**`£`**
**`-`**
**`4,351`**
**`191`**
**`4,542`**
**`31.12.20`**
**`£`**
**`-`**
**`31.12.20`**
**`£`**
**`-`**
**`-`**
`Net`
`movement`
`in funds`
`£`
**`52,254`**
**`52,254`**||||
|---|---|---|---|---|
|||`31.12.19`
`£`|||
||||||
||||`3,216`||
||||`50,000`||
||||||
||||`53,216`||
||||||
|||`31.12.19`
`£`|||
|||||`5,500`|
|||||`1,562`
`192`
`7,254`|
||||||
|||`31.12.19`
`£`|||
||||`48,265`||
||||||
||||||
|||`31.12.19`
`£`|||
||||`5,500`||
||||`48,265`||
|||`At`
`31.12.20`
`£`
**`569,269`**
**`569,269`**|||
||||||
```
continued...
```
```
Page 11
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2020`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
|`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`136,212`**
**`TOTAL FUNDS`**
**`136,212`**
**`Comparatives for movement in funds`**
`At 1.1.19`
`£`
**`Unrestricted funds`**
`General fund`
`493,078`
**`TOTAL FUNDS`**
`493,078`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`110,575`
**`TOTAL FUNDS`**
`110,575`
`A current year 12 months and prior year 12 months combined position is as follows:`
`At 1.1.19`
`£`
**`Unrestricted funds`**
`General fund`
`493,078`
**`TOTAL FUNDS`**
`493,078`||`Resources`
`expended`
`£`
**`(83,958)`**
**`(83,958)`**
`Net`
`movement`
`in funds`
`£`
`23,937`
`23,937`
`Resources`
`expended`
`£`
`(86,638)`
`(86,638)`
`Net`
`movement`
`in funds`
`£`
`76,191`
`76,191`|`Movement`
`in funds`
`£`
**`52,254`**|`Movement`
`in funds`
`£`
**`52,254`**|
|---|---|---|---|---|
|||||**`52,254`**|
||||`At`
`31.12.19`
`£`
`517,015`
`517,015`
`Movement`
`in funds`
`£`
`23,937`
`23,937`
`At`
`31.12.20`
`£`
`569,269`
`569,269`|`At`
`31.12.19`
`£`
`517,015`|
|||||`517,015`|
|||||`23,937`|
|||||`At`
`31.12.20`
`£`
`569,269`|
|||||`569,269`|
```
continued...
```
```
Page 12
```
## **`ST. ANTONY COPTIC ORTHODOX CHURCH`**
## **`Notes to the Financial Statements - continued for the Year Ended 31 December 2020`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`246,787`
`246,787`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(170,596)`
`76,191`
`(170,596)`
`76,191`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(170,596)`
`76,191`
`(170,596)`
`76,191`|
|---|---|---|---|
||||`76,191`|
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 December 2020.
```
```
Page 13
```
```
ST. ANTONY COPTIC ORTHODOX CHURCH
```
## **`Detailed Statement of Financial Activities for the Year Ended 31 December 2020`**
||`31.12.20`|`31.12.19`|
|---|---|---|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Donations and legacies`**|||
|`Donations`|**`136,200`**|`110,544`|
|**`Investment income`**|||
|`Deposit account interest`|**`12`**|`31`|
|**`Total incoming resources`**|**`136,212`**|`110,575`|
|**`EXPENDITURE`**|||
|**`Raising donations and legacies`**|||
|`Salaries`|**`43,175`**|`38,575`|
|`Pensions`|**`984`**|`411`|
|`Church water charges`|**`646`**|`755`|
|`Church light & heat`|**`7,137`**|`8,483`|
|`Church activity costs`|**`6,051`**|`18,420`|
|`Church repairs & renewals`|**`17,250`**|`7,277`|
||**`75,243`**|`73,921`|
|**`Investment management costs`**|||
|`House council & water charges`|**`248`**|`332`|
|`Telephone`|**`888`**|`815`|
|`Clergy living costs`|**`2,563`**|`4,119`|
|`House light & heat`|**`1,282`**|`1,429`|
|`Motor expenses`|**`380`**|`420`|
|`Travelling expenses`|**`540`**|`540`|
|`Sundry`|**`589`**|`177`|
||**`6,490`**|`7,832`|
|**`Other`**|||
|`Plant and machinery`|**`419`**|`493`|
|`Fixtures and fittings`|**`163`**|`192`|
|`Motor vehicles`|**`834`**|`1,111`|
|`Bank loan interest`|**`809`**|`3,089`|
||**`2,225`**|`4,885`|
|`Total resources expended`|**`83,958`**|`86,638`|
|**`Net income`**|**`52,254`**|`23,937`|
||||
```
This page does not form part of the statutory financial statements
```
```
Page 14
```