ST. AUGUSTINE
COPTIC ORTHODOX CHURCH Guildford
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 5 APRIL 2022
ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2022
CONTENTS
| PAGE | |
|---|---|
| CONTENTS | 1 |
| CHARITY INFORMATION | 2 |
| TRUSTEES REPORT | 3 |
| STATEMENT OF FINANCIAL ACTIVITIES | 4 |
| BALANCE SHEET | 5 |
| EXPENDITURE | 6-7 |
| NOTES | 8 |
S T A U G U S T I N E
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ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
Charity Information
For the Year Ended 5th April 2022
TRUSTEES {1} His Grace Bishop Antony {2} Mr . Rafat M Gali {3} Ms . Vina A Fares {5} Mr Tony Antoun {6} Mr . Remon Boutros {7} Dr . Albert Atalla {8} Dr. Raouf Daoud {9} Mr. John Badawi
SECRETARY Mr R M Gali TREASURERS Dr Albert Atalla CHARITY NUMBER 1125015 Date of Registration 16 July 2008
BANKERS Lloyd’s TSB Kingston upon Thames Surrey
S T A U G U S T I N E
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ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
TRUSTEES REPORT FOR THE PERIOD ENDED 05th April 2022
The trustees present their report and accounts for the period ended 05 April 2022
Trustees
The trustees named on page 2 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 Plans
The charity managed to buy a house to the priest and change the glass to a double glazing. in the deacons’ room and the kids rooms, they planning to do a proper flooring to the kids from basketball, football pitch ….etc
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 the 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.
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(b) Make judgments and estimated that are reasonable and prudent.
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(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 17/08/2022 and signed on their behalf,
Mr R M Gali
Secretary
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ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
Statement of Financial Activities for the period Ended 05th April 2022
| Note. | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| INCOMING RESOURCES | £ | £ | £ | £ | ||
| Membership contribution | 69696 | 0 | 69,696 | 63832 | ||
| Collection & Church Boxes | 1701 | 0 | 1,701 | 10003 | ||
| Sales/Donation | 47012 | 0 | 47,012 | 32162 | ||
| Fund Raising Events | 0 | 0 | 0 | 0 | ||
| Canteen | 1388 | 0 | 1,388 | 1575 | ||
| Gift Aid Recovered | 15111 | 0 | 15,111 | 22008 | ||
| Charitable Activates | 0 | 0 | 0 | 0 | ||
| Utility Refund | 4053 | 0 | 4,053 | 4731 | ||
| Bank charge Refund | 0 | 0 | 0 | 0 | ||
| Investment Income (Interest Received) | 8 | 0 | 8 | 57 | ||
| Total Incoming Resources | 138,970 | 0 | 138,970 | 134,369 | ||
| RESOURCES EXPENDED | ||||||
| Charitable expenditure | ||||||
| Management and administration of the | ||||||
| charity | 1 | 88,253 | 0 | 88,253 | 87,697 | |
| Total Resources Used | 88,253 | 0 | 88,253 | 87,697 | ||
| Net Movement in Funds for the period | 50,717 | 0 | 50,717 | 46,672 | ||
| Balance Brought Forward at 5 April | ||||||
| 2021 | 815,178 | 0 | 815,178 | 768,507 | ||
| Total Funds C/F at 5 April 2022 | 865,895 | 0 | 865,895 | 815,179 |
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ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
BALANCE SHEET AS AT 05TH April 2022
| Note Fixed Assets Tangible Assets 2 Free hold Property Improvement new extension CURRENT ASSETS Cash at Banks and in Hand Total Assets CURRENT LIABILITIES Trade Creditors Long Term Liabilities Loan Total Current Liabilities NET ASSETS Funds Unrestricted Funds Total Funds |
2022 £ 15850 967453 48,441 |
2021 £ 1350 359000 213454 241,375 |
|---|---|---|
| 1,031,744 | 815,179 | |
| 165,849 165,849 865,895 865,895 |
0 | |
| 0 | ||
| 815,179 | ||
| 815,179 | ||
| 865,895 | 815,179 |
This financial statements were approved and authorised for issue on 17/08/2022 and signed on behalf of
the Trustees by
......................
Trustee
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S T A U G U S T I N E
ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05TH April 2022
1. Charitable Expenditure
| Management & Administration of Charity Priest Accommodation, Salaries & Expenses Property Rent Electricity, Water & Council Tax Clergy Living expense Travelling Expense Motor Exp Car Depreciation NI No for employer & employee Church Expenses Utility Bill Premises Insurance Other Expense Car Insurance Telephone Bill Repairs & Renewal Charitable Activities Legal & Professional Fees Loan Interest Sunday school activities Administration Costs Bank Charge Net Movement in Funds |
2022 £ 1,300 2160 20,515 2,690 2,116 0 2601 |
31,383 56690 180 |
2021 £ 16892 2075 17,659 1520 425 450 2430.76 |
41,451 46231 15 |
|---|---|---|---|---|
| 3121 1052 4,830 2243 482 18,587 18,750 1,394 4,888 1,344 |
2223 858 3,669 18 698 7,819 27,370 2,675 0 902 |
|||
| 180 | 15 | |||
| 88,253 | 87,697 |
S T A U G U S T I N E
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ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
| 2. Tangible Assets Cost At 6 April 2021 Addtions At 5 April 2022 Depreciation At 6 April 2021 Charge for the year At 5 April 2022 Net Book Value At 5 April 2022 At 5 April 2021 |
Free Hold Motor Totals Property Vehicles £ £ £ 572454 15850 588,304 395000 0 395,000 |
|---|---|
| 967454 15850 983304 |
|
| 0 0 0 0 0 0 |
|
| 0 0 0 |
|
| 967,454 15,850 983,304 |
|
| 967,454 15,850 983,304 |
S T A U G U S T I N E
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ST. AUGUSTINE COPTIC ORTHODOX CHURCH Guildford
Year ended 05th April 2022
NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05[TH] April 2022
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
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.
Members of the church council who served during this period are stated below.
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{1} His Grace Bishop Antony Chairman {2} Mr. Rafat M Gali Secretary {3} Dr. Albert Atalla Treasurer {4} Mr. Tony Antoun
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{5} Mr. Remon Boutros
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{6} Ms. Vina A Fares
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{7} Dr. Raouf Daoud
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{8} Mr. John Badawi
Treasurer
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