# **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** **TRUSTEES’ REPORT AND FINANCIAL STATEMENTS** **YEAR ENDED 5 APRIL 2025** ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2025 ## **CONTENTS** ||**PAGE**| |---|---| |CONTENTS|1| |CHARITY INFORMATION|2| |TRUSTEES REPORT|3| |INDEPENDENT EXAMINER’S REPORT|4| |STATEMENT OF FINANCIAL ACTIVITIES|5| |BALANCE SHEET|6| |EXPENDITURE|7-8| |NOTES|9| St Peter & St Paul Page 1 ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** ## Charity Information For the Year Ended 5th April 2025 - **TRUSTEES** {1} His Grace Bishop Anthony - {2} Dr. Atef Fouad George - (3} Dr. Nader Kamal Francis - {4} Mr. Felib Agaiby - {5} Dr. Ramy Khalil - {6} Mr.Youhanna Ibrahim - {7} Dr. Samir Ateya - {8} Dr. Shady Saman - {9} Dr. Emad Shenouda **SECRETARY** Dr. Nader Kamal Francis **TREASURER** Dr. Atef Fouad George **CHARITY NUMBER** 1119114 **BANKERS** Barclays Bank St Peter & St Paul Page 2 ## **ST. PETER AND ST. PAUL COP1IC ORTHODOX CHURCH BOURNEMOUTH** ## **TRUSTEES REPORT FOR THE PERIOD ENDED 05th April 2025** The trustees present their report and accounts for the period ended 05 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** Trust Deed constitutes the Charitable Trust, and its objects are to provide worship for believers of the Coptic Orthodox Faith. The policy of the Charitable Trust continues 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 trust would not be able to provide such a wide service to our beneficiaries without the continued support of a large number of willing members ## **Financial Review** The financial position of the charity is considered most satisfactory this year ## **Future Developments** 1-Further development and renewal of the worship place, 2- Church congregation has been increased and require more space to the local people. 3- Planning permission has been granted to create more spaces in the church hall and for Sunday school classes which it will be done in 3 phases. ## **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 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) Make judgments and estimates that are reasonable and prudent. - (c) 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** The trustees approved this report on ………………… and signed on their behalf, Dr. Nader Kamal Francis Trustee St Peter & St Paul Page 3 ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** ## **Independent Examiner's Report to the Trustees of St. Peter and St. Paul Bournemouth Coptic Orthodox Church** I report to the trustees on my examination of the financial statements of St Peter & St Paul Coptic Orthodox Church, Bournemouth (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: St Peter & St Paul Page 4 ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** ## **Statement of Financial Activities for the period Ended 05th April 2025** |Note.
**INCOMING RESOURCES**
Membership contribution
One off Donation
Collection & Church Boxes
Gift Aids Recovered
Investment Income
**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
£
£
£
£
64,974
0
64,974
96,944
37,632
0
37,632
18,900
17,900
0
17,900
51,046
34,889
0
34,889
362
572
0
572
22,901| |---|---| ||**155,967**
**0**
**155,967**
**190,153**| ||77,012
0
77,012
90,789
**77,012**
0
**77,012**
90,789| ||**78,955**
0
**78,955**
**99,364**| ||936,847
0
936,847
837,483
**1,015,802**
0**1,015,802**
936,847| St Peter & St Paul Page 5 ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** |**BALANCE SHEET AS AT 05TH April 2025**
Note
**Fixed Assets**
2
Free Hold Property
Building Extension
CURRENT ASSETS
Cash at Banks and in Hand
**Total Assets**
**CURRENT LIABILITIES**
Long Term Liabilities
Mortgage Loan
Total Current Liabilities
NET ASSETS
Financed By Unrestricted Funds|2025
£
844282
243680
107,038
1,195,000
179,198
179,198
1,015,802
1,015,802|2024
£
844282
243680
44,075| |---|---|---| |||1,132,037| |||195190| |||195,190| |||| |||936,847| |||| |||936,847| These financial statements were approved and authorized for issue on................... And signed on behalf of the Trustees by ...................... Trustee St Peter & St Paul Page 6 ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** ## **Year ended 05th April 2025** NOTED TO THE ACCOUNTS FOR THE PERIOD ENDED 05TH April 2025 ## **1. Charitable Expenditure** |**Management & Administration of Charity**
**Priest Accommodation, Salaries & Expenses**
Clergy Living expense
Motor Exp
House insurance
Utilities
Council Tax
NI No Employer & Employee
**Church Expenses**
Electricity & Gas
Water Rates
Premises Insurance
Charitable Activates
Loan interest paid
Repairs & Renewal
Telephone
Health & Safety expenses
Sunday school activities
Other Expenses
HMRC
Legal & Professional
**Total Resources Used**|2025
£
34,340
1,084
396
2,605
2,988
445|41,859
35,153|2024
£
23,300
442
448
159
1,823
445|26,617
64,170| |---|---|---|---|---| ||5,184
438
1,421
14,150
6,085
3,963
503
396
500
1,112
3
1,387||7,924
1,438
1,399
17,835
6,495
15,803
1,075
0
3,495
8,707
0
0|| |||||| |||77,012||90,789| St Peter & St Paul Page 7 ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** ## **Year ended 05th April 2025** |**2. Tangible Assets**
**Cost**
At 6 April 2024
Additions
**At 5 April 2025**
**Depreciation**
At 6 April 2024
Charge for the year
**At 5 April 2025**
**Net Book Value**
**At 5 April 2025**
**At 5 April 2024**|**Free Hold Improvement**
**Totals**
**Property**
**to Property**
**£**
**£**
**£**
844,282
243,680
1,087,962
0
0
0| |---|---| ||844,282
243,680
1,087,962| ||0
0
0
0
0
0| ||0
0
0| ||844,282
243,680
1,087,962| ||844,282
243,680
1,087,962| St Peter & St Paul Page 8 ## **ST. PETER AND ST. PAUL COPTIC ORTHODOX CHURCH BOURNEMOUTH** ## **Year 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 bought a church and a new house for the priest. ## **Income** Voluntary income and donation are accounted for as received by the charity and from Gift aid tax recovered. ## **Management and Administration Expenditure** Expenditure on management and administration of the charity includes all expenditure. not directly related to the charitable activity. Members of the church council who served during this period are stated below. - {1} His Grace Bishop Anthony Chairman {2} Dr. Nader Kamal Francis Secretary {3} Dr. Atef Fouad George Treasurer {4} Mr. Felib Agaiby Co-Treasurer {5} Dr. Ramy Khalil - {6} Mr.Youhanna Ibrahim - {7} Dr. Samir Ateya - {8} Dr. Shady Saman - {9} Dr. Emad Shenouda Accountant M.Tawfig FMAAT St Peter & St Paul Page 9