Charity Registration No : 1118441
DEBRE MEDHANIT KIDUS AMANUEL ETHIOPIAN ORTHODOX TEWAHEDO CHURCH IN BIRMINGHAM
Trustees' financial statements
For the Year ended 31.03.2022
Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
For the Year ended 31 March 2022
| 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 2022 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 2022
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 2022
| 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 Insurance Other charitable expenses 3 Postage, printing and stationery Sundry expenses Depreciation Net Movement in Funds |
£ £ £ £ 55,340 13,478 6,650 1,326 13,513 10,522 9,963 6,171 85,466 31,497 10,695 1,585 226 328 11,754 3,962 299 - - 2,250 209 19 758 141 42 123 (23,983) (8,408) 61,483 23,089 2022 2021 |
£ £ £ £ 55,340 13,478 6,650 1,326 13,513 10,522 9,963 6,171 85,466 31,497 10,695 1,585 226 328 11,754 3,962 299 - - 2,250 209 19 758 141 42 123 (23,983) (8,408) 61,483 23,089 2022 2021 |
|---|---|---|
| 23,089 |
As at 31 March 2022
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 31 March 2022
| 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 2022 |
£ £ £ £ 9,437 9,324 335,171 273,543 862 220 336,033 273,763 (1,440) (540) 334,593 273,223 344,030 282,547 344,030 282,547 282,547 259,458 61,483 23,089 344,030 282,547 2021 2022 |
|---|---|
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 2022
1 - Voluntary Income
| Open Plate Collection Donation |
2022 £ 32,799 22,541 55,340 |
2021 £ 5,310 8,168 |
|---|---|---|
| 13,478 |
2 - Other Income
| 2 - Other Income | ||
|---|---|---|
| Membership Wedding service Christening service Funeral Service Other income |
2022 £ 5,646 400 2,850 1,050 17 9,963 |
2021 £ 3,311 100 2,300 410 50 |
| 6,171 |
3 - Other charitable expenses
Donation
| 2022 £ - - |
2021 £ 2,250 |
|---|---|
| 2,250 |
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Debre Medhanit Kidus Amanuel Ethiopian Orthodox Tewahedo Church
Notes to the Accounts
For the year ended 31 March 2022
4. TANGIBLE FIXED ASSETS
| £ COST At 1 April 2021 10,417 Addition 155 At 31 March 2022 10,572 DEPRECIATION At 1 April 2021 1,093 Charge for the year 42 At 31 March 2022 1,135 NET BOOK VALUE At 31 March 2022 9,437 At 1 April 2021 9,215 Fixtures, fittings & equipment |
£ 10,417 155 Total |
|---|---|
| 10,572 | |
| 1,093 42 |
|
| 1,135 | |
| 9,437 9,215 |
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