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2025-12-31-accounts

ST. JOHN COPTIC ORTHODOX CHURCH BROMLEY

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31[st] DECEMBER 2025

ST. JOHN COPTIC ORTHODOX CHURCH BROMLEY

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31st DECEMBER 2025

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 10-11

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ST. JOHN COPTIC ORTHODOX CHURCH Bromley

Charity Information

For the Year Ended 31[st] December 2025

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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ST. JOHN COPTIC ORTHODOX CHURCH Bromley

TRUSTEES REPORT FOR THE PERIOD ENDED 31st DECEMBER 2025

The trustees present their report and accounts for the period ended 31st December 2025

Trustees

The trustees named on page 2 served throughout the period. Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death.

Investment Powers

The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity.

Constitution, Objects and Policies

The charity is governed by its Trust Deed. Its principal object is to provide worship and pastoral services for believers of the Coptic Orthodox faith. The policy of the charity continues to be the provision of financial support to further these charitable objectives.

Development, Activities and Achievements

The charity continued to support the development of the Wickham Court site, a Grade I listed building acquired in 2023. Significant work has been undertaken to remodel and adapt the building for worship and community use, including the creation of St Joseph Hall, St Monica Chapel and St Karass Hall.

In January 2023, the trustees resolved to convert the unincorporated charity into a Charitable Incorporated Organisation (CIO) named St Mary & St John Coptic Orthodox Church and Centre . The CIO was formally registered with the Charity Commission in 2024 (Charity No. 1207077).

During 2025, the trustees completed the operational transfer of activities and assets to the CIO. A transfer deed was executed on 1 December 2024, and during 2025 the remaining assets, including property improvements and motor vehicles, were transferred to the CIO. Cash balances were not fully transferred at the year end and remain temporarily within the charity.

The unincorporated charity continues to exist for administrative purposes but no longer undertakes operational activities.

Financial Review

The financial statements reflect the transfer of substantially all assets and operations to the CIO during the year. Total incoming resources amounted to £245,220 (2024: £166,452). Expenditure includes the transfer of assets and other net balances to the CIO totaling £2,266,768. After these movements, the charity ended the year with unrestricted funds of £130,949, representing the remaining bank balance which has not yet been transferred to the CIO.

Future Plans

The CIO will continue the major repair, and restoration works at Wickham Court, including roof repairs, heating system upgrades, security improvements and refurbishment of the building fabric. The unincorporated charity will remain active only for administrative and compliance purposes until the trustees determine that it can be formally closed.

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Statement of Trustees’ Responsibilities

The trustees are responsible for preparing financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing these statements, the trustees must:

(a) select suitable accounting policies and apply them consistently; (b) make judgements and estimates that are reasonable and prudent; (c) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity, and for safeguarding the assets of the charity and taking reasonable steps to prevent fraud and other irregularities.

Approval

This report was approved by the trustees on 08/06/2026 and signed on their behalf:

Dr Naguib Guirgis , Trustee & Treasurer

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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, Bromley (the charity) for the year ended 31 December 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:

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: 09/06/2026

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ST. JOHN COPTIC ORTHODOX CHURCH Bromley

Statement of Financial Activities for the Year Ended 31st Dec 25

Note.
INCOMING RESOURCES
Sales/Donation
Sunday Credit
Gift Aids Recovered
Interest Receivable
Gain/Loss on Disposal
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 31/12/2024
TOTAL FUNDS CARRIED FORWARD
31/12/2025		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2025
2025
2025
2024
£
£
£
£
190522
0
190522
159961
0
0
0
2000
52756
0
52756
0
891
0
891
4491
1050
0
1050
0
245220
0
245,220
166,452
2,551,396
0
2551396
275,340
2,551,396
0
2551396
275,340
-2,306,176
0
-
2,306,176
-108,888
2,437,125
0
2437125
2,546,013
130,949
0
130949
2,437,125

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ST. JOHN COPTIC ORTHODOX CHURCH Bromley

BALANCE SHEET AS AT 31ST DECEMBER 2025

Note
Fixed Assets
2
Motor Vehicle – Car 1 (NBV)
Motor Vehicle – Car 2 (Cost)
Free hold Property
Leasehold Property
Property Improvements
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		 31.12.25
£
0
0
0
0
0
130,949
130,949
0
0
0
130,949
130,949
130,949		 31.12.24
£
3450
0
1032813
958953
191534
0
326,941
2,513,691
0
76566
76,566
2,437,125
2,437,125
2,437,125

These financial statements were approved and authorised for issue on 08 /06/2026 and signed on behalf of

the Trustees by Dr Naguib Guirgis , Treasurer Dr Mamdouh Massoud , Secretary

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ST. JOHN COPTIC ORTHODOX CHURCH Bromley

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31ST DECEMBER 2025

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
Property Service Charges
Stationery & postage
Repairs & Renewal
Legal & Professional Fees
Sundries
Charitable donation
Sunday school expenses
Transfer of Assets to CIO
Administration Costs
Bank Charge
Net Movement in Funds		 2025
£
9,600
602
0		 10202
2540854
341		 2024
£
9850
826
1725		 12401
262827
112
2,410
27650
344
370
1,912
0
19,659
0
5,032
212,875
3,833
2,266,768		 1498
20253
12498
0
27,072
0
127,732
24,724
5,794
40,208
3,048
0
341 112
2,551,396 275,340

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ST. JOHN COPTIC ORTHODOX CHURCH Bromley Year ended 31[st] December 2025

2. Tangible Assets
Cost
At 1 Jan 2025
Additions
Disposal
Transfer to CIO
At 31 Dec 2025
Depreciation
At 1 Jan 2025
Charge for the year
Eliminated on disposal
At 31 Dec 2025
Net Book Value
At 31 Dec 2025
At 1 Jan 2025		 Free Hold
Motor
Improvement
Totals
Property
Vehicles
Property
£
£
£
£
1991766
5175
191534
2188475
0
13500
60968
74,468
(5175)
0
(5,175)
(1991766)
(13500)
(252502)
-
2,257,768
0
0
0
0
0
1725
0
1,725
0
0
0
0
(1725)
(1,725)
0
0
0
0
0
0
0
0
1,991,766
3,450
191,534 2,186,750

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ST. JOHN COPTIC ORTHODOX CHURCH Bromley

Year ended 31[st] December 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.

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

Mahir Tawfig

FMAAT

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ST. JOHN COPTIC ORTHODOX CHURCH Bromley

Year ended 31[st] December 2025

Note 3 — Related Party Transactions

During the year, no trustee received any remuneration or benefits from the charity. No trustee or connected person received reimbursement of expenses.

The trustees donated their time freely and no trustee had any personal interest in any contract or transaction entered by the charity.

Note 4 — Transfer of Assets to CIO

On 1 December 2024, the trustees completed the legal conversion of the charity to a Charitable Incorporated Organisation (CIO) named St Mary and St John Coptic Orthodox Church and Centre (Charity No. 1207077). During the year ended 31 December 2025, the unincorporated charity transferred substantially all of its assets and operations to the CIO.

Reconciliation of Net Assets Transferred Amount Net Book Value of tangible fixed assets transferred (per Note 2) £2,257,768 Other net assets transferred (working-capital items) £9,000 Total net assets transferred to CIO (per SOFA) £2,266,768

The “other net assets transferred” represent the net working-capital balances at the point of transfer, including timing differences between the trial balance and cashbook, small bank adjustments, accruals and prepayments. These items do not form part of tangible fixed assets but were transferred to the CIO as part of the operational handover.

Cash balances were not fully transferred at the year end. The remaining balance of £130,949 represents funds temporarily held in the unincorporated charity and will be transferred to the CIO as part of the ongoing transition. Following the transfer, the unincorporated charity continues to exist only for administrative purposes and will be closed once all transitional arrangements are complete.

Note 5 — Fixed Asset Depreciation Policy

Depreciation is provided on tangible fixed assets to write off the cost, less estimated residual value, over their expected useful lives as follows:

Depreciation is charged from the month the asset is brought into use.

No depreciation was charged in 2025 on the newly acquired motor vehicle as it was transferred to the CIO shortly after purchase.

Note 6 — Disposal of Motor Vehicle

During the year, the charity disposed of Motor Vehicle 1 for proceeds of £4,500 .

The net book value at the date of disposal was £3,450 , resulting in a gain of £1,050 , which is included in the Statement of Financial Activities.

Note 7 — Taxation

The charity is exempt from corporation tax on its charitable activities under Part 11 of the Corporation Tax Act 2010.

Note 8 — Funds

The closing balance of £130,949 represents the remaining bank balance at the year-end following the transfer of substantially all assets to the CIO. These funds are held temporarily and will be transferred to the CIO as part of the ongoing transition.

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