## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2025 ## **CONTENTS** ||**PAGE**| |---|---| |CHARITY INFORMATION|1| |TRUSTEES REPORT|2| |INDEPENDENT EXAMINER’S REPORT|3| |STATEMENT OF FINANCIAL ACTIVITIES|4| |BALANCE SHEET|5| |EXPENDITURE|6| |NOTES|7| ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **CHARITY INFORMATION** For the Year Ended 5th April 2025 TRUSTEES {1} His Grace Bishop Antony {2} Dr Nabil Fanous {3} Mrs Randa Henein (Treasurer) {4} Dr Moheb Gaid {5} Dr Ramez Nasseif {6} Dr Diaa Antonios SECRETARY Dr Nabil Fanous CHARITY NUMBER 1086561 BANKERS {1} Nat West Bank {2} The Royal Bank of Scotland plc {3} Lloyds Tsb Page1 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **TRUSTEES REPORT FOR THE PERIOD ENDED 5th APRIL 2025** The trustees present their report and accounts for the period ended 5th April 2025 ## **TRUSTEES** The trustees named on page 1 have served throughout the period. Appointment of trustees is governed by the Trust Deed of the Charity. The Board of Trustees is authorized to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. ## **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 Charitable Trust is constituted by Trust Deed, and its objects are to provide worship for believers of the Coptic Orthodox Faith. The policy of the Charitable Trust to be the provision of additional finance in order that its objects stated above might be further achieved. ## **DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS** The trustees consider that the performance of the charity this period has been most satisfactory. The trustees would not be able to provide the various services to the congregation without the continuous support of a reasonable number of members. ## **FINANCIAL REVIEW** The financial position of the charity is considered most satisfactory for its first period of account. ## **FUTURE DEVELOPMENTS** The old Church has been demolished as building approval has been obtained to build a new one. The new hall has been constructed and currently is used as a temporary Church. They have decided on the contractor to start build the new church. ## **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 consistently. (b)prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **APPROVAL** This report was approved by the trustees on **01/08/2025** and signed on their behalf. Dr. Nabil Fanous Trustee Page2 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** # **Independent Examiner's Report to the Trustees of St. Athanasius Coptic Orthodox Church** I report to the trustees on my examination of the financial statements of St Athanasius Coptic Orthodox Church, Norwich (the charity) for the year ended 05 April 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - Accounting records were not kept in accordance with section 130 of the 2011 Act or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## Accountant Mahir Tawfig FMAAT Dated: 01/08/2025 Page3 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** Statement of Financial Activates for the period Ended 05th April 2025 |Note.
**INCOMING RESOURCES**
Monthly contribution
Collection & Church Boxes
One off Donation
Investment Income
Gift Aids Recovered
Sunday school
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Charitable expenditure**
Management and administration of
the charity
1
**Total Resources Used**
Net Movement in Funds for the
period
Balance Brought Forward at 5 April
2024
**Total Funds C/F at 5 April 2025**|Unrestricted
Restricted Total
Total
Funds
Funds
Funds
Funds
2025
2025
2025
2024
£
£
£
113,384
0
113,384
68,017
5,534
0
5,534
2,759
82,018
0
82,018
189,099
11.55
0
11.55
26.17
37,248
0
37,248
27,065
11,657
0
11,657
4,790| |---|---| ||**249,853**
**0**
**249,853**
**291,756**| ||85,546
0
85,546
58,901
**85,546**
0
**85,546**
58,901| ||**164,307**
0
**164,307**
**232,855**| ||1,468,644
0 1,468,644 1,235,789
**1,632,951**
0**1,632,951 1,468,644**| Page4 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **BALANCE SHEET AS AT 05TH April 2025** ||Note|2025|2024| |---|---|---|---| |**Fixed Assets**||£|£| |Tangible Assets|2|0|0| |Free Hold Property||390000|390000| |Building Extensions||1383407|1102769| |**CURRENT ASSETS**|||| |Cash at Banks and in Hand||79,224|83,556| |**Total Assets**||1,852,631|1,576,324| |**CURRENT LIABILITIES**|||| |Trade Creditors||0|0| |Long Term Liabilities|||| |Loan||219,680|107680| |Total Current Liabilities||219,680|107,680| ||||| |NET ASSETS||1,632,951|1,468,644| ||||| |Financed By Unrestricted Funds||1,632,951|1,468,644| This financial statements were approved and authorised for issue on 01/08/2025 And signed on behalf of the Trustees by Dr. Nabil Fanous Trustee Page5 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05TH April 2025** ## **1. Charitable Expenditure** |**Management & Administration of Charity**
**Priest Accommodation, Salaries &**
**Expenses**
Clergy Living Expense
Premises Insurance
Utility Bills
Motor Expenses
Travelling Exp
**Church Expenses**
Water Rates
Telephone
Other Expenses
Repairs & Renewal
Stationery
Hire a church
Sunday School
Legal & Professional Fees
Cost Managers
Charitable Activities
**Administration Expenses**
Bank Charge
**Net Movement in Funds**|2025
£
9,000
530
11,423
535
2,857|24,345
61,171
30|2024
£
9,465
508
7,912
2,585
400|20,871
38,030
0| |---|---|---|---|---| ||461
158
5,547
31,727
610
1,008
13,094
566
969
7,030||0
0
2,236
8,216
20
1,091
13,003
263
4,000
9,200|| ||30||0|| |||||| |||85,546||58,901| Page6 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05th April 2025** ## **Accounting Policies** ## **Basis of Preparation of Accounts** The accounts are prepared under the historical cost convention and include the results of the charity’s operations. The accounts have been prepared accordance with the Statement of Recommended Practice for Charity Accounts. The charity has taken advantage of the exemption to produce a cash flow statement on the ground that it qualifies as a small charity ## **Fixed Assets** The Charity exchanges the house for a church and builds an accommodation for the priest. ## **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 charitable activity Members of the church council who served during this period are stated below: - {1} His Grace Bishop Antony - {2} Dr Nabil Fanous (Secretary) - {3} Mrs Randa Henein (Treasurer) - {4} Dr Moheb Gaid - {5} Dr Ramez Nasseif - {6} Dr Diaa Antonios ## Accountant M.Tawfig FMAAT Page7