# **St Athanasius COPTIC ORTHODOX CHURCH Norwich** # **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **YEAR ENDED 05[th] April 2026** ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2026 ## **CONTENTS** ||**PAGE**| |---|---| |CONTENTS|1| |CHARITY INFORMATION|2| |TRUSTEES REPORT|3-4| |INDEPENDENT EXAMINER’S REPORT|5| |STATEMENT OF FINANCIAL ACTIVITIES|6| |BALANCE SHEET|7| |EXPENDITURE|8| |NOTES|9-10| _ST ATHANASIUS COPTIC CHURCH_ 1 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **CHARITY INFORMATION** For the Year Ended 5th April 2026 - TRUSTEES {1} His Eminence Metropolitan Anba 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 _ST ATHANASIUS COPTIC CHURCH_ 2 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **TRUSTEES REPORT FOR THE PERIOD ENDED 5th APRIL 2026** The trustees present their report and accounts for the period ended 5th April 2026 ## **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 remains strong. Total incoming resources for the year were **£297,228** , which includes **£49,191 of Gift Aid (2025: £37,248)** , and total expenditure was **£132,526** , resulting in a net surplus of **£168,703** . Total funds carried forward at 5 April 2026 were **£1,797,654** . During the year, members of the congregation provided interest-free loans to support the construction of the new church building. These loans were used solely for building works and are expected to be repaid over the next two to three years. As the funds are repayable, they have been treated as liabilities rather than restricted income ## **FUTURE DEVELOPMENTS** Construction of the new church building continues to progress. The temporary hall remains in use for services. The trustees expect further development work to continue during the next financial year. _ST ATHANASIUS COPTIC CHURCH_ 3 ## **St Athanasius** ## **COPTIC ORTHODOX CHURCH Norwich** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 05[th] APRIL 2026** ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** The trustees are pleased to report that the new church building has now been completed and officially opened during the year. This marks a significant milestone in the life of the congregation after many years of planning, fundraising and construction work. The new church is now fully operational and being used for regular liturgies, pastoral services and community activities. The trustees will continue to oversee the remaining development works around the site, including any final landscaping, furnishing and improvements required to support the growing needs of the congregation. Ongoing maintenance and stewardship of the new building will remain a key focus in the coming year. (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 **04/07/2026** and signed on their behalf. Dr. Nabil Fanous Trustee _ST ATHANASIUS COPTIC CHURCH_ 4 # **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 2026. ## **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: 06/07/2026 _ST ATHANASIUS COPTIC CHURCH_ 5 ## **St Athanasius COPTIC ORTHODOX CHURCH** ## **Norwich** Statement of Financial Activates for the period Ended 05th April 2026 |Note.
**INCOMING RESOURCES**
Monthly contribution
Collection & Church Boxes
One off Donation
Investment Income
Gift Aids Recovered
Trips & Activities
**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 2025
**Total Funds C/F at 5 April 2026**|Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2026
2026
2026
2025
£
£
£
101,934
0
101,934
113,384
2,100
0
2,100
5,534
128,416
0
128,416
82,018
4.93
0
4.93
11.55
49,191
0
49,191
37,248
19,582
0
19,582
11,657| |---|---| ||**301,228**
**0**
**301,228**
**249,853**| ||132,526
0
132,526
85,546
**132,526**
0
**132,526**
85,546| ||**168,703**
0
**168,703**
**164,307**| ||1,632,951
0 1,632,951
1,468,644
**1,801,654**
0**1,801,654**
**1,632,951**| _ST ATHANASIUS COPTIC CHURCH_ 6 ## **St Athanasius COPTIC ORTHODOX CHURCH** ## **Norwich** ## **BALANCE SHEET AS AT 05TH April 2026** |Note
**Fixed Assets**
Tangible Assets
2
Free Hold Property
Building Extensions
**CURRENT ASSETS**
Cash at Banks and in Hand
**Total Assets**
**CURRENT LIABILITIES**
Trade Creditors
Long Term Liabilities
Loan
Total Current Liabilities
NET ASSETS
Financed By Unrestricted Funds|2026
£
0
390,000
1,623,839
32,495
2,046,334
0
248,680
248,680
1,797,654
1,797,654|2025
£
0
390,000
1,383,407
79,224| |---|---|---| |||1,852,631| |||0
219,680| |||219,680| |||| |||1,632,951| |||| |||1,632,951| This financial statements were approved and authorised for issue on **04/07/2026** and signed on behalf of the Trustees by Trustee _ST ATHANASIUS COPTIC CHURCH_ 7 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05TH April 2026** ## **1. Charitable Expenditure** |**Management & Administration of Charity**
**Priest Accommodation, Salaries &**
**Expenses**
Clergy Living Expense
Premises Insurance
Utility Bills
Motor Expenses
Travelling Exp
**Subtotal Priest & Clergy Costs**
**Church Expenses**
Water Rates
Telephone
Other Expenses
Repairs & Renewal
Stationery
Hire a church
Trip & Activities
Legal & Professional Fees
Cost Managers
**Subtotal Church Expenses**
Charitable Activities
**Administration Expenses**
Bank Charge
**Net Movement in Funds**|2026
£
9,800
564
10,695
725
2,921|24,706
101,994
5,800
26|2025
£
9,000
530
11,423
535
2,857|24,345
54,140
7,030
30| |---|---|---|---|---| ||4,791
793
6,851
70,283
21
630
18,624
0
0||461
158
5,547
31,727
610
1,008
13,094
566
969|| ||5,800||7,030|| ||26||30|| |||||| |||132,526||85,545| _ST ATHANASIUS COPTIC CHURCH_ 8 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05[TH] April 2026 (CONTINUED)** |**2. Tangible Assets**
**Cost**
At 6 April 2025
Addition
**At 5 April 2026**
**Depreciation**
At 6 April 2025
Charge for the year
**At 5 April 2026**
**Net Book Value**
**At 5 April 2026**
**At 5 April 2025**|**Free Hold Building**
**Totals**
**Property**
**Extension**
**£**
**£**
**£**
390,000
1,383,407
1,773,407
0
240,432
240,432| |---|---| ||390,000
1,623,839
2,013,839| ||0
0
0
0
0
0| ||0
0
0| ||390,000
1,623,839
2,013,839| ||390,000
1,383,407
1,773,407| _ST ATHANASIUS COPTIC CHURCH_ 9 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05th April 2026** ## **Accounting Policies** ## **Basis of Preparation of Accounts** The financial statements have been prepared under the historical cost convention and in accordance with the Charities Act 2011 and the Statement of Recommended Practice applicable to charities (FRS 102). The charity qualifies as a small charity and has therefore taken advantage of the exemption from preparing a cash flow statement. ## **Fixed Assets** Freehold property and building extensions are included at cost. Additions to the church building and associated works are capitalized. No depreciation is charged on the freehold property or building extensions as the trustees consider the residual value to be at least equal to the carrying amount. ## **Income Recognition** Voluntary income, donations and other incoming resources are recognized when received by the charity. Gift Aid income is recognized when the related donations are received and the claim is recoverable. ## **Management and Administration Expenditure** Expenditure is recognized when it is incurred. Management and administration expenditure includes all costs not directly related to charitable activities. ## **Loans from Congregation Members** During the year, the charity received interest-free loans from members of the congregation to support the construction of the new church building. These loans were provided on an informal basis to assist with cash flow during the building phase. As the amounts were repayable, they have been recognised as liabilities rather than income. The loan balance outstanding at 5 April 2026 was **£248,680** , The trustees expect these loans to be repaid over the next two to three years, depending on the charity’s cash flow and available reserves. Members of the church council who served during this period are stated below: - {1} His Eminence Metropolitan Anba 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 _ST ATHANASIUS COPTIC CHURCH_ 10 # **St Athanasius COPTIC ORTHODOX CHURCH Norwich** # **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **YEAR ENDED 05[th] April 2026** ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2026 ## **CONTENTS** ||**PAGE**| |---|---| |CONTENTS|1| |CHARITY INFORMATION|2| |TRUSTEES REPORT|3-4| |INDEPENDENT EXAMINER’S REPORT|5| |STATEMENT OF FINANCIAL ACTIVITIES|6| |BALANCE SHEET|7| |EXPENDITURE|8| |NOTES|9-10| _ST ATHANASIUS COPTIC CHURCH_ 1 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **CHARITY INFORMATION** For the Year Ended 5th April 2026 - TRUSTEES {1} His Eminence Metropolitan Anba 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 _ST ATHANASIUS COPTIC CHURCH_ 2 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **TRUSTEES REPORT FOR THE PERIOD ENDED 5th APRIL 2026** The trustees present their report and accounts for the period ended 5th April 2026 ## **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 remains strong. Total incoming resources for the year were **£297,228** , which includes **£49,191 of Gift Aid (2025: £37,248)** , and total expenditure was **£132,526** , resulting in a net surplus of **£168,703** . Total funds carried forward at 5 April 2026 were **£1,797,654** . During the year, members of the congregation provided interest-free loans to support the construction of the new church building. These loans were used solely for building works and are expected to be repaid over the next two to three years. As the funds are repayable, they have been treated as liabilities rather than restricted income ## **FUTURE DEVELOPMENTS** Construction of the new church building continues to progress. The temporary hall remains in use for services. The trustees expect further development work to continue during the next financial year. _ST ATHANASIUS COPTIC CHURCH_ 3 ## **St Athanasius** ## **COPTIC ORTHODOX CHURCH Norwich** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 05[th] APRIL 2026** ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** The trustees are pleased to report that the new church building has now been completed and officially opened during the year. This marks a significant milestone in the life of the congregation after many years of planning, fundraising and construction work. The new church is now fully operational and being used for regular liturgies, pastoral services and community activities. The trustees will continue to oversee the remaining development works around the site, including any final landscaping, furnishing and improvements required to support the growing needs of the congregation. Ongoing maintenance and stewardship of the new building will remain a key focus in the coming year. (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 **04/07/2026** and signed on their behalf. Dr. Nabil Fanous Trustee _ST ATHANASIUS COPTIC CHURCH_ 4 # **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 2026. ## **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: 06/07/2026 _ST ATHANASIUS COPTIC CHURCH_ 5 ## **St Athanasius COPTIC ORTHODOX CHURCH** ## **Norwich** Statement of Financial Activates for the period Ended 05th April 2026 |Note.
**INCOMING RESOURCES**
Monthly contribution
Collection & Church Boxes
One off Donation
Investment Income
Gift Aids Recovered
Trips & Activities
**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 2025
**Total Funds C/F at 5 April 2026**|Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2026
2026
2026
2025
£
£
£
101,934
0
101,934
113,384
2,100
0
2,100
5,534
128,416
0
128,416
82,018
4.93
0
4.93
11.55
49,191
0
49,191
37,248
19,582
0
19,582
11,657| |---|---| ||**301,228**
**0**
**301,228**
**249,853**| ||132,526
0
132,526
85,546
**132,526**
0
**132,526**
85,546| ||**168,703**
0
**168,703**
**164,307**| ||1,632,951
0 1,632,951
1,468,644
**1,801,654**
0**1,801,654**
**1,632,951**| _ST ATHANASIUS COPTIC CHURCH_ 6 ## **St Athanasius COPTIC ORTHODOX CHURCH** ## **Norwich** ## **BALANCE SHEET AS AT 05TH April 2026** |Note
**Fixed Assets**
Tangible Assets
2
Free Hold Property
Building Extensions
**CURRENT ASSETS**
Cash at Banks and in Hand
**Total Assets**
**CURRENT LIABILITIES**
Trade Creditors
Long Term Liabilities
Loan
Total Current Liabilities
NET ASSETS
Financed By Unrestricted Funds|2026
£
0
390,000
1,623,839
32,495
2,046,334
0
248,680
248,680
1,797,654
1,797,654|2025
£
0
390,000
1,383,407
79,224| |---|---|---| |||1,852,631| |||0
219,680| |||219,680| |||| |||1,632,951| |||| |||1,632,951| This financial statements were approved and authorised for issue on **04/07/2026** and signed on behalf of the Trustees by Trustee _ST ATHANASIUS COPTIC CHURCH_ 7 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05TH April 2026** ## **1. Charitable Expenditure** |**Management & Administration of Charity**
**Priest Accommodation, Salaries &**
**Expenses**
Clergy Living Expense
Premises Insurance
Utility Bills
Motor Expenses
Travelling Exp
**Subtotal Priest & Clergy Costs**
**Church Expenses**
Water Rates
Telephone
Other Expenses
Repairs & Renewal
Stationery
Hire a church
Trip & Activities
Legal & Professional Fees
Cost Managers
**Subtotal Church Expenses**
Charitable Activities
**Administration Expenses**
Bank Charge
**Net Movement in Funds**|2026
£
9,800
564
10,695
725
2,921|24,706
101,994
5,800
26|2025
£
9,000
530
11,423
535
2,857|24,345
54,140
7,030
30| |---|---|---|---|---| ||4,791
793
6,851
70,283
21
630
18,624
0
0||461
158
5,547
31,727
610
1,008
13,094
566
969|| ||5,800||7,030|| ||26||30|| |||||| |||132,526||85,545| _ST ATHANASIUS COPTIC CHURCH_ 8 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05[TH] April 2026 (CONTINUED)** |**2. Tangible Assets**
**Cost**
At 6 April 2025
Addition
**At 5 April 2026**
**Depreciation**
At 6 April 2025
Charge for the year
**At 5 April 2026**
**Net Book Value**
**At 5 April 2026**
**At 5 April 2025**|**Free Hold Building**
**Totals**
**Property**
**Extension**
**£**
**£**
**£**
390,000
1,383,407
1,773,407
0
240,432
240,432| |---|---| ||390,000
1,623,839
2,013,839| ||0
0
0
0
0
0| ||0
0
0| ||390,000
1,623,839
2,013,839| ||390,000
1,383,407
1,773,407| _ST ATHANASIUS COPTIC CHURCH_ 9 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05th April 2026** ## **Accounting Policies** ## **Basis of Preparation of Accounts** The financial statements have been prepared under the historical cost convention and in accordance with the Charities Act 2011 and the Statement of Recommended Practice applicable to charities (FRS 102). The charity qualifies as a small charity and has therefore taken advantage of the exemption from preparing a cash flow statement. ## **Fixed Assets** Freehold property and building extensions are included at cost. Additions to the church building and associated works are capitalized. No depreciation is charged on the freehold property or building extensions as the trustees consider the residual value to be at least equal to the carrying amount. ## **Income Recognition** Voluntary income, donations and other incoming resources are recognized when received by the charity. Gift Aid income is recognized when the related donations are received and the claim is recoverable. ## **Management and Administration Expenditure** Expenditure is recognized when it is incurred. Management and administration expenditure includes all costs not directly related to charitable activities. ## **Loans from Congregation Members** During the year, the charity received interest-free loans from members of the congregation to support the construction of the new church building. These loans were provided on an informal basis to assist with cash flow during the building phase. As the amounts were repayable, they have been recognised as liabilities rather than income. The loan balance outstanding at 5 April 2026 was **£248,680** , The trustees expect these loans to be repaid over the next two to three years, depending on the charity’s cash flow and available reserves. Members of the church council who served during this period are stated below: - {1} His Eminence Metropolitan Anba 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 _ST ATHANASIUS COPTIC CHURCH_ 10 # **St Athanasius COPTIC ORTHODOX CHURCH Norwich** # **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **YEAR ENDED 05[th] April 2026** ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2026 ## **CONTENTS** ||**PAGE**| |---|---| |CONTENTS|1| |CHARITY INFORMATION|2| |TRUSTEES REPORT|3-4| |INDEPENDENT EXAMINER’S REPORT|5| |STATEMENT OF FINANCIAL ACTIVITIES|6| |BALANCE SHEET|7| |EXPENDITURE|8| |NOTES|9-10| _ST ATHANASIUS COPTIC CHURCH_ 1 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **CHARITY INFORMATION** For the Year Ended 5th April 2026 - TRUSTEES {1} His Eminence Metropolitan Anba 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 _ST ATHANASIUS COPTIC CHURCH_ 2 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **TRUSTEES REPORT FOR THE PERIOD ENDED 5th APRIL 2026** The trustees present their report and accounts for the period ended 5th April 2026 ## **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 remains strong. Total incoming resources for the year were **£297,228** , which includes **£49,191 of Gift Aid (2025: £37,248)** , and total expenditure was **£132,526** , resulting in a net surplus of **£168,703** . Total funds carried forward at 5 April 2026 were **£1,797,654** . During the year, members of the congregation provided interest-free loans to support the construction of the new church building. These loans were used solely for building works and are expected to be repaid over the next two to three years. As the funds are repayable, they have been treated as liabilities rather than restricted income ## **FUTURE DEVELOPMENTS** Construction of the new church building continues to progress. The temporary hall remains in use for services. The trustees expect further development work to continue during the next financial year. _ST ATHANASIUS COPTIC CHURCH_ 3 ## **St Athanasius** ## **COPTIC ORTHODOX CHURCH Norwich** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 05[th] APRIL 2026** ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** The trustees are pleased to report that the new church building has now been completed and officially opened during the year. This marks a significant milestone in the life of the congregation after many years of planning, fundraising and construction work. The new church is now fully operational and being used for regular liturgies, pastoral services and community activities. The trustees will continue to oversee the remaining development works around the site, including any final landscaping, furnishing and improvements required to support the growing needs of the congregation. Ongoing maintenance and stewardship of the new building will remain a key focus in the coming year. (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 **04/07/2026** and signed on their behalf. Dr. Nabil Fanous Trustee _ST ATHANASIUS COPTIC CHURCH_ 4 # **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 2026. ## **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: 06/07/2026 _ST ATHANASIUS COPTIC CHURCH_ 5 ## **St Athanasius COPTIC ORTHODOX CHURCH** ## **Norwich** Statement of Financial Activates for the period Ended 05th April 2026 |Note.
**INCOMING RESOURCES**
Monthly contribution
Collection & Church Boxes
One off Donation
Investment Income
Gift Aids Recovered
Trips & Activities
**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 2025
**Total Funds C/F at 5 April 2026**|Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2026
2026
2026
2025
£
£
£
101,934
0
101,934
113,384
2,100
0
2,100
5,534
128,416
0
128,416
82,018
4.93
0
4.93
11.55
49,191
0
49,191
37,248
19,582
0
19,582
11,657| |---|---| ||**301,228**
**0**
**301,228**
**249,853**| ||132,526
0
132,526
85,546
**132,526**
0
**132,526**
85,546| ||**168,703**
0
**168,703**
**164,307**| ||1,632,951
0 1,632,951
1,468,644
**1,801,654**
0**1,801,654**
**1,632,951**| _ST ATHANASIUS COPTIC CHURCH_ 6 ## **St Athanasius COPTIC ORTHODOX CHURCH** ## **Norwich** ## **BALANCE SHEET AS AT 05TH April 2026** |Note
**Fixed Assets**
Tangible Assets
2
Free Hold Property
Building Extensions
**CURRENT ASSETS**
Cash at Banks and in Hand
**Total Assets**
**CURRENT LIABILITIES**
Trade Creditors
Long Term Liabilities
Loan
Total Current Liabilities
NET ASSETS
Financed By Unrestricted Funds|2026
£
0
390,000
1,623,839
32,495
2,046,334
0
248,680
248,680
1,797,654
1,797,654|2025
£
0
390,000
1,383,407
79,224| |---|---|---| |||1,852,631| |||0
219,680| |||219,680| |||| |||1,632,951| |||| |||1,632,951| This financial statements were approved and authorised for issue on **04/07/2026** and signed on behalf of the Trustees by Trustee _ST ATHANASIUS COPTIC CHURCH_ 7 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05TH April 2026** ## **1. Charitable Expenditure** |**Management & Administration of Charity**
**Priest Accommodation, Salaries &**
**Expenses**
Clergy Living Expense
Premises Insurance
Utility Bills
Motor Expenses
Travelling Exp
**Subtotal Priest & Clergy Costs**
**Church Expenses**
Water Rates
Telephone
Other Expenses
Repairs & Renewal
Stationery
Hire a church
Trip & Activities
Legal & Professional Fees
Cost Managers
**Subtotal Church Expenses**
Charitable Activities
**Administration Expenses**
Bank Charge
**Net Movement in Funds**|2026
£
9,800
564
10,695
725
2,921|24,706
101,994
5,800
26|2025
£
9,000
530
11,423
535
2,857|24,345
54,140
7,030
30| |---|---|---|---|---| ||4,791
793
6,851
70,283
21
630
18,624
0
0||461
158
5,547
31,727
610
1,008
13,094
566
969|| ||5,800||7,030|| ||26||30|| |||||| |||132,526||85,545| _ST ATHANASIUS COPTIC CHURCH_ 8 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05[TH] April 2026 (CONTINUED)** |**2. Tangible Assets**
**Cost**
At 6 April 2025
Addition
**At 5 April 2026**
**Depreciation**
At 6 April 2025
Charge for the year
**At 5 April 2026**
**Net Book Value**
**At 5 April 2026**
**At 5 April 2025**|**Free Hold Building**
**Totals**
**Property**
**Extension**
**£**
**£**
**£**
390,000
1,383,407
1,773,407
0
240,432
240,432| |---|---| ||390,000
1,623,839
2,013,839| ||0
0
0
0
0
0| ||0
0
0| ||390,000
1,623,839
2,013,839| ||390,000
1,383,407
1,773,407| _ST ATHANASIUS COPTIC CHURCH_ 9 ## **St Athanasius COPTIC ORTHODOX CHURCH Norwich** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05th April 2026** ## **Accounting Policies** ## **Basis of Preparation of Accounts** The financial statements have been prepared under the historical cost convention and in accordance with the Charities Act 2011 and the Statement of Recommended Practice applicable to charities (FRS 102). The charity qualifies as a small charity and has therefore taken advantage of the exemption from preparing a cash flow statement. ## **Fixed Assets** Freehold property and building extensions are included at cost. Additions to the church building and associated works are capitalized. No depreciation is charged on the freehold property or building extensions as the trustees consider the residual value to be at least equal to the carrying amount. ## **Income Recognition** Voluntary income, donations and other incoming resources are recognized when received by the charity. Gift Aid income is recognized when the related donations are received and the claim is recoverable. ## **Management and Administration Expenditure** Expenditure is recognized when it is incurred. Management and administration expenditure includes all costs not directly related to charitable activities. ## **Loans from Congregation Members** During the year, the charity received interest-free loans from members of the congregation to support the construction of the new church building. These loans were provided on an informal basis to assist with cash flow during the building phase. As the amounts were repayable, they have been recognised as liabilities rather than income. The loan balance outstanding at 5 April 2026 was **£248,680** , The trustees expect these loans to be repaid over the next two to three years, depending on the charity’s cash flow and available reserves. Members of the church council who served during this period are stated below: - {1} His Eminence Metropolitan Anba 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 _ST ATHANASIUS COPTIC CHURCH_ 10