# **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| P a g e 1 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 P a g e 2 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. P a g e 3 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 P a g e 4 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: - 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: **13/07/2024** P a g e 5 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 P a g e 7 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| P a g e 8 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. - **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 Mahir Tawfig FMAAT P a g e 1 0 S T J O H N C O P T I C C H U R C H