Charity Registration No : 1118441
DEBRE MEDHANIT KIDUS AMANUEL ETHIOPIAN ORTHODOX TEWAHEDO CHURCH IN BIRMINGHAM
Trustees' financial statements
For the year ended 31 March 2021
Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
For the year ended 31 March 2021
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' report | 2 |
| Statement of financial activities | 3 |
| Balance Sheet | 4 |
| Notes to the financial statements | 5 -6 |
Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
For the year ended 31 March 2021 Legal and administrative information
Status
The Organisation is a charity registered with the Charity Commission since 2003. The charity is governed by its Constiutiuion.
Registered office address: 5 Redstar Road Birmingham B23 5GZ Banking NatWest Bnak
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Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
Notes to the financial statements
For the year ended 31 March 2021
Accounting polices
This report and accompanying financial statements have been prepared in accordance with the Statement of Recommended Practice; Accounting and Reporting by Charities 2005 and the special provisions of the Companies Act 2006 relating to small entities.
Incoming resources
All funds are unrestricted
Collections are recorded when received.
Donations is recorded when the income is recognised.
Funds raised by the committee members at the special spiritual program events are accounted for gross.
Income are accounted for gross.
Fixed Asset
All assets costing more than £70 are capitalized.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life on a straight line.
Expenditure
All expenditure is generally recognised when it is incurred and is accounted for gross.
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Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
Statement of Financial Activities
For the year ended 31 March 2021
| Note Incoming Resources Voluntary income 1 Income from church activties Building fund Other charitable income 2 Total Incoming Resources Resources Expended Rent Travelling costs Allowance Church activities Insurance Other charitable expenses 3 Postage, printing and stationery Sundry expenses Depreciation Net Movement in Funds |
£ £ £ £ 13,478 21,224 1,326 5,151 10,522 12,236 6,171 5,703 31,497 44,313 1,585 7,673 328 201 3,962 10,783 - 705 - 276 2,250 500 19 335 141 766 123 123 (8,408) (21,361) 23,089 22,951 2021 2020 |
|---|---|
The trustees acknowledge their responsibilities for:
(i) ensuring that the charity keeps proper accounting records.
(ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its Net movement in funds for the financial year in accordance with the requirements of the charity commission.
The annexed notes form part of these financial statements.
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Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
Balance Sheet
As At 31st March 2021
| Fixed Assets Current Assets Cash at bank and in hand Receivables Current liabilities CREDITORS:Amounts falling due within one year Net current assets TOTAL ASSETS LESS LIABILITIES Net Assets Accumulated Funds Balance Brought Forward Surplus of Income over expenditure As at 31 March 2020 |
£ £ £ £ 9,324 9,340 273,543 250,671 220 727 273,763 251,398 (540) (1,280) 273,223 250,118 282,547 259,458 282,547 259,458 259,458 236,507 23,089 22,951 282,547 259,458 2020 2021 |
|---|---|
The trustees acknowledge their responsibilities for:
(i) ensuring that the charity keeps proper accounting records.
(ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its Net movement in funds for the financial year in accordance with the requirements of the charity commission.
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Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
Notes to the Financial Statements - (Continued) For the year ended 31 March 2020
1 - Voluntary Income
| 1 - Voluntary Income | ||
|---|---|---|
| Open Plate Collection Donation 2 - Other Income Membership Wedding Certificate Christening Certificate Funeral Service Other 3 - Other charitable expenses E.O.T.C DIOCESE OF N.W. EUROPE Donation |
2021 £ 5,310 8,168 13,478 2021 £ 3,311 100 2,300 410 50 6,171 2021 £ - 2,250 2,250 |
2020 £ 17,047 4,177 |
| 21,224 | ||
| 2020 £ 3,128 - 1,560 470 545 |
||
| 5,703 | ||
| 2020 £ 500 - |
||
| 500 |
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Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
Notes to the Accounts
For the year ended 31 March 2020
4. TANGIBLE FIXED ASSETS
| £ COST At 1 April 2020 10,310 Addition 107 At 31 March 2021 10,417 DEPRECIATION At 1 April 2020 970 Charge for the year 123 At 31 March 2021 1,093 NET BOOK VALUE At 31 March 2021 9,324 At 1 April 2020 9,215 Fixtures, fittings & equipment |
£ 10,310 107 Total |
|---|---|
| 10,417 | |
| 970 123 |
|
| 1,093 | |
| 9,324 9,215 |
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