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← St John Coptic Orthodox Church

2024-12-31-accounts

ST. JOHN COPTIC ORTHODOX CHURCH BROMLEY

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31[st] DECEMBER 2024

ST. JOHN COPTIC ORTHODOX CHURCH BROMLEY

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31st DECEMBER 2024

CONTENTS

PAGE
CONTENTS 1
CHARITY INFORMATION 2
TRUSTEES REPORT 3-4
INDEPENDENT EXAMINER’S REPORT 5
STATEMENT OF FINANCIAL ACTIVITIES 6
BALANCE SHEET 7
EXPENDITURE 8-9
NOTES 10

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S T J O H N C O P T I C C H U R C H

ST. JOHN COPTIC ORTHODOX CHURCH Bromley

Charity Information

For the Year Ended 31[st] December 2024

TRUSTEES {1} His Grace Bishop Antony (Chair) {2} Rev. Father Antonius Awadalla {3} DR. Mamdouh Samy Massoud (Current secretary) {4} Dr. Naguib Guirgis (Current Treasurer) {5} Mr Youhanna Kamel {6} Mr Julian Francis {7} Dr. Peter Georgy SECRETARY Dr. Mamdouh Samy Massoud (currently and since May 2023) TREASURER Dr. Naguib Guirgis (currently and since November 2023) CHARITY NUMBER 1129949 Date of Registration 27 December 2008 BANKERS {1} Natwest Bank Western Avenue Waterside Court Maritime Chatham ME4 4RT {2} LLoyds Bank Bromley (308451) Branch Lloyds Bank plc PO Box 1000 BX1 1LT {3} Santander Bank Customer Service Centre Bootle Merseyside L30 4GB

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S T J O H N C O P T I C C H U R C H

ST. JOHN COPTIC ORTHODOX CHURCH Bromley

TRUSTEES REPORT FOR THE PERIOD ENDED 31st DECEMBER 2024

The trustees present their report and accounts for the period ended 31st December 2024

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 numbers of congregational members continued to increase after we moved to the bigger site (Wickham Court) in September 2023.

The church charity’s main aim during 2024 was to settle in and develop the new site.

Wickham Court is a much bigger site and also a listed Grade 1 building (600 years old), which requires extensive repairs, updating and maintenance.

The work started in 2023 soon after the completion of the purchase, continued through 2024 and continuing. It is estimated that the work will take many years to complete During 2024, the development included the internal remodeling of part of the building and the creation of a larger church with an attached church hall (St Joseph Hall) and also a smaller church (St Monica Chapel) with a smaller church hall (St Karass Hall) The charity managed to formally change the use of the whole site from its existing use to now officially, a Church and a Church Centrethe income has slightly increased compared to previous years.The charity trustees and the church council

members made a decision in January 2023 to convert the church charity to a CIO and name it as “St Mary & St John Coptic Orthodox Church and Centre” and instructed a solicitor to explore the steps and prepare the documentations. The creation process has now been completed in 2024, and the new CIO charity is registered with the Charity Commission (Charity Number 1207077) The transfer deed was completed on 1 December 2024 – this transferred beneficial ownership of all assets of the charity to the CIO. The Charity Solicitor has submitted the applications to the Land Registry shortly afterwards to update details on the titles, but the Land Registry are currently taking c. 1 year to process applications – we have not heard back yet. We have not submitted any application to the Charity Commission to close the unincorporated charity and make an entry in the register of mergers, as it is intended to keep the unincorporated charity in existence for c. 2 +years post incorporation. The church runs various spiritual and sports activities, including football, volleyball, and table tennis. We also organize Arabic & Coptic languages lessons, music classes, and Coptic classes. Join churches together in Bromley.

We are teaching the deacons, and their numbers have continued to increase dramatically over the years.

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S T J O H N C O P T I C C H U R C H

Financial Review

The financial position of the charity is considered most satisfactory this year considering the increased costs in the work carried out.

Future Plans

The church is continuing with the major repair and work in the whole site including the roof and installing a new Heating system to the church and to the hall, security alarm, repair and refurbish the building and fabrics

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.

(b) Make judgments and estimate that are reasonable and prudent.

(c) Prepare the financial statements on a going concerning 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 12/07/2025 .and signed on their behalf,

Dr Naguib Guirgis , Trustee & Treasurer

Dr. Mamdouh Samy Massoud , Trustee & Secretary

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S T J O H N C O P T I C C H U R C H

Independent Examiner's Report to the Trustees of St. John Coptic Orthodox Church

I report to the trustees on my examination of the financial statements of St John Coptic Orthodox Church, Brombley (the charity) for the year ended 31 December 2024.

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:

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: 13/07/2024

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S T J O H N C O P T I C C H U R C H

ST. JOHN COPTIC ORTHODOX CHURCH Bromley

Statement of Financial Activities for the Year Ended 31st Dec 24

Note.
INCOMING RESOURCES
Sales/Donation
Sunday Credit
Gift Aids Recovered
Interest Receivable
Total Incoming Resources
RESOURCES EXPENDED
Charitable expenditure
Management and administration of the
charity
1
Total Resources Used
Net Movement in Funds for the period
RECONCILIATION OF FUNDS
Total funds brought forward 31/12/2023
TOTAL FUNDS CARRIED FORWARD
31/12/2024		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2024
2024
2024
2023
£
£
£
£
159961
0
159961
1019875
2000
0
2000
1870
0
0
0
36247
4491
0
4491
552
166452
0
166,452
1,058,544
275,340
0
275340
129,585
275,340
0
275340
129,585
-108,888
0
-108888
928,959
2,546,013
0
2546013
1,617,053
2,437,125
0
2437125
2,846,013

P a g e 6

S T J O H N C O P T I C C H U R C H

ST. JOHN COPTIC ORTHODOX CHURCH Bromley

BALANCE SHEET AS AT 31ST DECEMBER 2024

Note
Fixed Assets
Tangible Assets
2
Free hold Property
Sale/buy new Property
Improvement Property
CURRENT ASSETS
Debtors
Cash at bank
Total Assets
CURRENT LIABILITIES
Trade Creditors
Long Term Liabilities
Loan
Total Current Liabilities
NET ASSETS
Funds
Unrestricted Funds
Total Funds		 31.12.24
£
3450
1032813
958953
191534
0
326,941
2,513,691
0
76566
76,566
2,437,125
2,437,125
2,437,125		 31.12.23
£
5175
1032813
867187
0
0
640,838
2,546,013
0
0
2,546,013
2,546,013
2,546,013

These financial statements were approved and authorized for release on 12/07/2025 and signed accordingly by the trustees:

Dr Naguib Guirgis

Dr. Mamdouh Samy Massoud

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S T J O H N C O P T I C C H U R C H

ST. JOHN COPTIC ORTHODOX CHURCH Bromley

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31ST DECEMBER 2024

1. Charitable Expenditure

Management & Administration of Charity
Priest Accommodation, Salaries & Expenses
Clergy Living expense
Motor & Travelling Expense
Car Depreciation
Church Expenses
Rates and water
House light & Heat
Council Tax
Telephone Bill
Premises Insurance
Stationery & postage
Repairs & Renewal
Legal & Professional Fees
Sundries
Charitable donation
Sunday school expenses
Administration Costs
Bank Charge
Net Movement in Funds		 2024
£
9,850
826
1725		 12401
262827
112		 2023
£
8977
2184
1725		 12886
116538
161
1,498
20253
12498
0
27,072
0
127,732
24,724
5,794
40,208
3,048		 465
12451
0
490
14,766
36
6,302
62,899
13,495
3,120
2,514
112 161
275,340 129,585

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S T J O H N C O P T I C C H U R C H

ST. JOHN COPTIC ORTHODOX CHURCH Bromley

2. Tangible Assets
Cost
At 6 April 2023
Addtions
At 5 April 2024
Depreciation
At 6 April 2023
Charge for the year
At 5 April 2024
Net Book Value
At 5 April 2024
At 5 April 2023		 Free Hold
Motor
Improvement Totals
Property
Vehicles
Property
£
£
£
£
1032813
5175
1,037,988
958953
0
191534 1,150,487
1991766
5175
191534
2188475
0
1725
1,725
0
0
0
0
1,725
0
1,725
1,991,766
3,450
191,534 2,186,750
1,991,766
5,175
191,534 1,996,941

P a g e 9

S T J O H N C O P T I C C H U R C H

ST. JOHN COPTIC ORTHODOX CHURCH Bromley

Year ended 31[st] December 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.

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.

Mahir Tawfig

FMAAT

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S T J O H N C O P T I C C H U R C H