# **REGISTERED CHARITY NUMBER: 1123005** **Report of the Trustees and Financial Statements For The Year Ended 5th April 2024 for ST. MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, WEST & NORTH YORKSHIRE** **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** Page 1 **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE Contents of the Financial Statements for the Year Ended 5th April 2024** ## **C O N T E N T S** PAGE CHARITY INFORMATION 3-4 TRUSTEES' REPORT 5-7 STATEMENT OF FINANCIAL ACTIVITIES 8 BALANCE SHEET 9 EXPENDITURE 10 NOTES 11 Page 2 **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** ## **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE Charity Information** The trustees who are also directors of the charity for the purposes of the Companies Act 1985, present their report with the financial statements of the charity for the year ended 5th April 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** : **1123005** ## **TRUSTEES** His Grace Bishop Anthony 40 Kingston Drive Whitley Bay NE26 1JJ Mrs Neveen Lewis 30 Lark Hill Crescent Ripon N Yorkshire HG4 2HN Dr George Abouda 15 Sykes close Swanland, North Ferriby HU14 3GD Mr. Magdy Attia West Winds, Ling Lane Scarcroft Leeds LS14 3HT Dr. Tamer Riad 40 Wentworth Avenue, Leeds LS17 7TN Mr Sameh Sidhom 12 Castle Hill Drive Harrogate HG2 9JJ ## **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** Page 3 **TREASURER** Mrs. Neveen Lewis **CHARITY NUMBER** 1123005 **BANKERS** HSBC 27 Market Place Malton North Yorkshire YO17 7LU **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** Page 4 **Trustees’ Report** ## **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE** ## **TRUSTEES' REPORT FOR THE PERIOD ENDED 5th APRIL 2024** **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05th April 2024** The trustees present their report and accounts for the period ended 5th April 2024 ## **TRUSTEES** The trustees named on page 1 have served throughout the period. Appointment of trustees is governed by the Church Constitution (Appendix 1) of the Charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. ## **INVESTMENT POWERS** The Church Constitution (Appendix 1) authorises the trustees to make and hold investments using the general funds of the charity. ## **CONSTITUTION, OBJECTS AND POLICIES** The Charitable Trust is constituted by Church Constitution, and its objects are to provide worship for believers of the Coptic Orthodox Faith. ## **Objectives:** The objects of the Church shall be advancing the religion of the Coptic Orthodox Church in West & North Yorkshire. In furtherance of the foregoing objectives, the Church shall have the following powers: - 1 To provide and maintain places of public worship and the due performance of the Rites of prayers, liturgy, Baptism, Marriage & Burial according to the principles of the Coptic Orthodox Church. - 2 To provide and maintain residences for priests - 3 a. Power to collect donations and subscriptions (whether periodical or otherwise) b. Power to issue appeals for donations and subscriptions in connections with the objectives of the Church. - c. Power to accept donations and endowments on any special trust in Connection with the objectives of the Church. d. Power to do all such other things as shall further the attainment of the said objects or aims of the church. **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** Page 5 The policy of the Charitable Trust to be the provision of additional finance in order that its objects stated above might be further achieved. ## **Objectives for the year:** Our plans for the next financial year primarily include the continuing function of the church and its associated activities. ## **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. - The Charity continues to provide the main objectives of providing and - maintaining a place of worship, residence for the priest and the collection of memberships and donations as well as the running cost of maintaining the Church. - One major development is the appointment of a new member of the clergy to - assist with the growing congregation numbers and activities. This entails more expenses to be funded by the church but the trustees hope it would assist in maintaining our objectives as well as assist with the additional pastoral workload. - Following the cessation of Covid restrictions worship services and meetings - returned to church. - The Sunday School continues to flourish with new members joining - during the year. An online presence as well as in-person meetings takes place. - The weekly online prayer group for Primary and Secondary ages continued as - normal - The Ladies Group and Men’s Group still meet regularly online to pray and - study the Bible together. - The Youth Bible Study group and an Apologetics Group continued to meet - virtually Page 6 **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** A number fire safety and health & safety upgrades continued during the course of the financial year and will continue in the next year. We continued active fundraising to enable betterment of the church facilities to continue uninterrupted. The Trustees were satisfied with the progress of work by the end of the financial year. We continue to maintain the church grounds and graveyard through the assistance of a gardener who attend to the grounds regularly. ## **FINANCIAL REVIEW** The financial position of the charity is considered most satisfactory for its first period of account. (Refer to Achievements and Accounts). ## **FUTURE DEVELOPMENTS** The trustees are aware that car parking facilities require improvement. A plan to upgrade these continued during the course of the year. ## **APPROVAL** This report was approved by the trustees on 27 January 2025 and signed on their behalf. Page 7 **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** ## **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE Statement of Financial Activities for the Year Ended 5th April 2024** |**INCOMING RESOURCES**
Donation and gifts
Other Income
**EXPENDITURE ON**
Management and administration
Building The Main Hall
**Total Resources Used**
Net Movement in Funds for the Period
Balance Brought Forward
**Total Funds Carried Forward at 05 April 2024**||**05-Apr-24**
**Unrestricted**
**fund**
97,705
-|**05-Apr-24**
**Unrestricted**
**fund**
97,705
-|**05-Apr-23**
**Total**
**funds**
114,439
5|**05-Apr-23**
**Total**
**funds**
114,439
5| |---|---|---|---|---|---| ||||||| ||||||| ||||**97,705**||**114,444**| ||||74,254
-||34,997
149,460| ||||**74,254**||**184,457**| ||||23,451
25,983||(70,013)
95,996| ||||**49,434**||**25,983**| **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** Page 8 The notes form part of these financial statements **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE Balance Sheet At 5th April 2024** ## **Balance Sheet** **----- Start of picture text -----**
As at 5th April 2024
05-Apr-24 05-Apr-23
Total
Unrestricted fund
funds
TANGIBLE FIXED ASSETS
Land & Buildings - Church 1 1
The Main Hall - Building 285,959 285,959
Vehicles 6,300 6,300
Accumulated Depreciation (6,299) (6,299)
285,961 285,961
CURRENT ASSETS
Cash at Bank and in hand 49,434 25,983
NET ASSETS 335,395 311,944
FINANCED BY UNRESTRICTED FUNDS 335,395 311,944
ST MARY & ST ABANOUB
COPTIC ORTHODOX CHURCH, YORKSHIRE
(2024) Annual report)
**----- End of picture text -----**
Page 9 ## **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE Notes to the Financial Statements for the Year Ended 5th April 2024** ## **Notes to the Financial Statements** ## **for the Year Ended 5th April 2024** ## **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. ## **Tangible Fixed Assets** Motor vehicles are depreciated using a rate of 25% based on the declining balance method. ## **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 the charitable activity. This final statement prepared according to the information that has been given. ## **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)** Page 10 ## **The members of the church council:** {1} Rev.Fr. Abanoub St. Paul {2} Dr George Abouda {3} Mrs Neveen Lewis {4} Mr Sameh Sidhom {5} Dr Tamer Riad {6} Mr Magdy Attia Page 11 **ST MARY & ST ABANOUB COPTIC ORTHODOX CHURCH, YORKSHIRE (2024) Annual report)**