2025-03-31-accounts - Sinai Mar Thoma Church North London

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SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

Trustees Report for year ended 31.3.2025

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity’s governing document and the Charities Act 2011

Reference and administrative information:

Charity Name: Sinai Mar Thoma Church, North London.

Registered Address: 15 Hampden Road, Harrow HA3 5PP

Charity Registration Number: 1136866

Management, Executive& Non-Executive Committee Members:

Refer to the annual report

Bankers

Barclays Bank Plc, Station Road, Edgware, Middlesex.

Independent Examiners

Mr. Thomas Alexander Mr. Ashley Challackal

Governing Document

Sinai Mar Thoma Church is governed by the constitution submitted to the Charity Commission and by the constitution of the Mar Thoma Syrian Church of Malabar.

GDPR Compliance Statement

The trustees have implemented procedures and policies to notify donors and members of the information held by the charity, and also implemented opt-in/opt-out processes.

Safeguarding Statement:

The charity has a safeguarding policy and a Child Protection Policy, both of which are displayed on the church’s notice board. This is reviewed annually.

There have been no safeguarding incidents during the period of this report

Risk Assessment and Management:

The trustees have examined the major strategic and operational risks which the charity is likely to face and confirmed that processes and procedures have been established to enable regular reporting so that the necessary and timely action can be taken to reduce those risks. Risk assessment, risk management policies and insurances are regularly reviewed. The financial controls and reporting are considered to be adequate.

Organisational Structure:

The trustees meet regularly, whilst the day-to-day management of the charity is delegated to the

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

management committee.

Appointment of Trustees:

The trustees and other office bearers are elected for each financial year before the commencement of the new financial year. They are elected by the General Body or by the members of the bodies whom they represent. All the appointments are made as per the constitution of the Mar Thoma Church.

Plans for the Future:

We are planning to work more closely with the All Saints Church to ensure that we can carry on this partnership well into the future for the mutual benefits of both. Various shared activities, including spiritual and social activities, are planned along this line. We also aim to develop further our activities for the Edavaka Mission, youth fellowship, Sevika Sangham and the Sunday school.

Mission & Objectives:

The objective of Sinai Mar Thoma Church is to promote the Christian religion, provide its members with regular Christian worship services, in accordance with the traditions of the Mar Thoma Church; provide pastoral care and organise activities to enhance the spiritual life of the members; enhance the ecumenical relationship within the local community and churches; and make voluntary contributions to evangelistic and charitable work in the United Kingdom and abroad.

Reserve’s Policy:

The reserves held are considered to be the prudent to ensure that the work of the charity continues unhindered for at least 6 months, even when donations may fluctuate. The trustees aim to increase the reserves in future years.

Principal Sources of Funding:

The majority of funding comes through subscriptions, offertory and other voluntary donations by the members.

Volunteers:

A substantial contribution to the activities of the church is in the form of voluntary services by members.

Investment Policy:

The trustees have the authority to make any investments which they think are appropriate, prudent and beneficial for the work of the charity subject to prior approval by the membership body. However, at present the church has no significant surplus funds to make any investment and none have been made till date.

Trustees Induction & Training:

All trustees were reminded of their fiduciary responsibilities. They regularly review income, expenditure and assets held by the charity, meet regularly to delegate tasks and formulate strategy and policies in achieving its objectives and were also made aware that they are ultimately responsible for the activities of the charity.

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

Financial Review:

The Trustees regularly met to review the various operations of the charity. The trustees are mindful of the reserves policy and ensure that expenditure are only incurred when required to carry out the activities of the charity and are controlled.

Trustees Responsibilities:

The trustees are required to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing the financial statements, giving an accurate and fair view, the trustees should follow best practice and:

a. Select suitable accounting policies and apply them consistently
b. Make judgements and estimates that are reasonable and prudent
c. State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements.
d. 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 accounting records which discloses with reasonable accuracy the financial position of the charity, which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law and regulations. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Declaration of serious incidents:

To the best of our knowledge, we are not aware of any serious incidents or other matters affecting the administration, finance and accounting practice of the charity during the financial year ended 31[st] March 2025.

For and on behalf of the managing committee,

Alex Philip

Hon. Secretary

Anup Philip Daniel Papachan Hon. Trustee -Finance Hon. Trustee – Accounts Date – 31[st] of October 2025

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES AND MEMBERS OF

SINAI MAR THOMA CHURCH, NORTH LONDON (CHARITY REG NO. 1136866)

We report on the accounts of the charity for the year ended 31[st] March 2025, which are set out on pages 26 to 33.

Respective responsibilities of trustees and the independent examiners.

The charity’s trustees are responsible for the preparation of the accounts, and they consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the 2011 Act) and that an independent examination is required.

It is our responsibility to:

examine the accounts under section 145 of the 2011 Act,
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act, and
to state whether particular matters have come to our attention.

Basis of the independent examiner’s statement.

Our examination was carried out in accordance with the general Direction given by the Charity Commission. An examination includes a review of the charity's accounting records and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with our examination, no matter has come to our attention.

to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which agree with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or

(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr Ashley Challackal (Hon. Independent Examiner) _____

Mr Thomas Alexander (Hon. Independent Examiner) _____

Dated: 31[st] of October 2025

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

ANNUAL ACCOUNTS – 2024-2025

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Sinai Mar Thoma Church North London
Statement Of Financial Activities for the year ended 31st March 2025
Fig in £
Total Funds Total Funds
Notes Unrestricted Restricted 31st March 31st March
Funds Funds 2025 2024
Income
Subscription 2 48,252 48,252 47,047
Offertory 3 22,245 87 22,332 25,708
Harvest festival 3,103 3,103 60
Christmas donation 2,911 2,911 3,076
Tax claimed- Gift Aid 20,286 20,286 0
Other Receipts 4 10,525 545 11,070 10,935
Donation for Church building 5 3,228 3,228 4,143
Total Income 107,322 3,860 111,182 90,969
Total Funds Total Funds
Notes Unrestricted Restricted 31st March 31st March
Expenditure Funds Funds 2025 2024
Staff Cost 31,911 31,911 29,663
Parsonage Expenses 6 7,727 7,727 4,964
Vehicle Expenses 294 294 1,468
Vicar's Transfer Cost 7 9,000 9,000 9,000
Rent etc 8 9,320 9,320 8,075
Diocese Contributions 9 5,660 5,660 5,198
Visiting Bishops & Clergy 1,393 1,393 877
Insurance 1,491 1,491 1,900
Printing, Postage & Stationery 1,428 1,428 654
Telephone & Internet 1,129 1,129 1,262
Altar Expenses 267 267 404
Donations 10 1,100 1,100 0
Church Activity Expenses 11 6,070 6,070 5,848
Sundry Expenses 12 334 334 2,036
Depreciation 13 4,250 4,250 3,895
Total Expenditure 81,374 0 81,374 75,244
Net Surplus for the Year 25,948 3,860 29,808 15,725
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The attached notes 1 - 19 form part of the accounts.

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

SINAI MAR THOMA CHURCH NORTH LONDON BALANCE SHEET AS AT 31st MARCH 2025	SINAI MAR THOMA CHURCH NORTH LONDON BALANCE SHEET AS AT 31st MARCH 2025	SINAI MAR THOMA CHURCH NORTH LONDON BALANCE SHEET AS AT 31st MARCH 2025	SINAI MAR THOMA CHURCH NORTH LONDON BALANCE SHEET AS AT 31st MARCH 2025
FIXED ASSETS Tangible fixed assets CURRENT ASSETS Debtors Cash at Bank and in hand LESS CURRENT LIABILITIES Creditors and Accruals Due within one year NET CURRENT ASSETS Less Provision for Vicar's relocation cost NET ASSETS Represented by: Designated Funds (ear marked) Unrestricted Funds Restricted Funds	Notes £ £ £ £ 31st March 2025 31st March 2024
	13 14 15 7 17 16 16 16	753 234,666	310,022 314,272 1,095 190,414 191,509 2,472 228,812 189,037 538,834 503,309 28,420 20,748
		235,419 6,607
			510,414 482,561 18,961 15,361 354,973 379,311 136,480 87,889
			510,414 482,561

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The financial statements were approved by the Trustees on 2025 and was signed on its behalf by :

Rev Deepak Daniel Thomas President ___ Mr Anup Philip Trustee - Treasurer ___ Mr Daniel Papachan Trustee - Accounts ______

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

Notes to the accounts for the year ended 31st March 2025

1 ACCOUNTING POLICIES

Basis of preparing the financial statements

a. General

The financial statements have been prepared under the historical cost convention.The financial statements have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Income

All incomes are recognised in the Statement of Financial Activities when received.

Expenditure

Expenditures are accounted for on an accrual basis and has been classified under headings that aggregate all cost related to the category.Where costs cannot be directly attributed to particular heading, they have been allocated to activities on a basis consistent with the use of resources.

b. Depreciation

Depreciation is provided on fixed assets on straight line basis using the following rates:

Free hold property nil ( provided at 1% in earlier years) Computer and office equipment 25% on cost Furniture and fittings 25% on cost Motor Vehicles 20% on cost

c. Gift aid

Gift aid recovered on gift aid donations are recognised as income in the period actually received.

2 SUBSCRIPTION

This consist of voluntary contribution by members by monthly standing order in most cases.

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3 OFFERTORY 2025 2024
£ £
Sunday Offertory 10,708 13,606
Birthday Offertory 6,456 7,211
Wedding Anniversary offertory 2,145 2,000
Offertory - Sunday School 518 595
Baptism & marriage offertory 400 130
Offertory -Prayer groups 400 0
Offertory -First Communion 200 0
Recessa & Fasting Offertory 87 583
Thanks Giving & Special Offertory 1,418 1,583
22,332 25,708
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SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

** Restricted Funds

4 OTHER RECEIPTS Donation for ASSH project Donation for Zonal contribution One day income Sunday School Books,reg. fee etc Donation for Wayanad flood relief Donation-Special catering Sevika Sangam sales Youth sales Donation Onam catering Donation- badminton Donation for Diocese inauguration Restricted Funds 5 Donation for Church Donation for Church Building Fund Restricted Funds 6 PARSONAGE EXPENSES Council Tax Repair & Maintenance Utility cost Television Licence Fee 7 PROVISION FOR VICAR'S TRANSFER COST Balance brought forward 1st April 2024 Provision made in the year Less: Utilised Fund During the Year Balance carried fwd. 31st March 2025	2025 2024 £ £ 545 1,083 540 1,000 2,970 3,208 2,731 1,366 375 0 0 857 2,487 1,635 764 0 418 0 0 1,786 240 0
	11,070 10,935
	2025 2024 £ £ 3,228 4,143
	3,228 4,143
	2025 2024 £ £ 4,574 2,163 219 335 2,765 2,307 169 159
	7,727 4,964
	2025 2024 £ £ 20,748 11,748 9,000 9,000 -1,328 0
	28,420 20,748

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

8
RENT ETC
Rent (All Saints Church-Harrow)
Rent (Blackwell Hall)
Rent (St. Albans Church- Northampton)
Electricity (All Saints Church-Harrow)
9
Diocese Contributions
Zonal contributions
Diocese inauguration
Clergy conference
10
Donations
Wayanad flood relief
11
CHURCH ACTIVITY EXPENSES
Sunday School
Harrow interfaith subscription
Special Occasion Catering
Church Picnic
Choir
Sevika Sangham

2025
2024
£
£
7,200
7,200
260
585
240
290
1,620
0
9,320
8,075
2025
2024
£
£
5,060
4,098
600
1,000
0
100
5,660
5,198
2025
2024
£
£
1,100
0
1,100
0
2025
2024
£
£
4,016
3,631
25
50
1,135
1,070
0
50
403
247
491
800
6,070
5,848

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

2025 2024 £ cost 12 SUNDRY EXPENSES First Communion & Marriage - Bibles 76 0 Mandalam Rep. travel cost 0 963 Software licence fee - Payroll RTI 48 72 Harvest Festival 210 0 Website hosting licence fee 0 797 All Saints church maintenace contribution 0 204 334 2,036 13 FIXED ASSETS Office Furniture Motor Freehold Equipment & Fitting Vehicle Property Total £ £ £ £ £ Cost At 01/4/2024 3,635 8,670 18,289 326,798 357,392 Additions during the year 0 0 0 0 0 At 31/03/2025 3,635 8,670 18,289 326,798 357,392 Less: Depreciation At 01/04/2024 3,043 8,670 5,487 25,920 43,120 Charge for the year 592 0 3,658 0 4,250 3,635 8,670 9,145 25,920 47,370 Net Book Value At 01/04/2024 592 0 12,802 300,878 314,272 At 31/03/2025 0 0 9,144 300,878 310,022 31st March 2025 31st March 2024 14 DEBTORS £ £ Prepayments 753 1,095 753 1,095 31st March 2025 31st March 2024 £ £ 15 CREDITORS AND ACCRUALS Creditors (Students sponsorship - 2018-2020) 982 982 Due to Diocese- 2024-25 zonal contribution 5,060 0 Due to HMRC (Tax & NI ) 565 1,490 6,607 2,472 16 FUNDS MOVEMENT General Fund Designated Fund Restricted Fund Total Fund £ £ £ £ As at 1st April 2024 379,311 15,361 87,889 482,561 Net Surplus for the year 25,948 3,860 29,808 Transferred to Vehicle fund -5,000 5,000 0 Transferred to Church Building Fund -45,286 45,286 0 Utilised during the year 0 -1,400 -555 -1,955 As at 31st March 2025 354,973 18,961 136,480 510,414 Unrestricted Funds DESIGNATED FUNDS £ £ £ £ Vehicle Vicar's Transfer cost Other Designated Total	2025 2024 £ cost 12 SUNDRY EXPENSES First Communion & Marriage - Bibles 76 0 Mandalam Rep. travel cost 0 963 Software licence fee - Payroll RTI 48 72 Harvest Festival 210 0 Website hosting licence fee 0 797 All Saints church maintenace contribution 0 204 334 2,036 13 FIXED ASSETS Office Furniture Motor Freehold Equipment & Fitting Vehicle Property Total £ £ £ £ £ Cost At 01/4/2024 3,635 8,670 18,289 326,798 357,392 Additions during the year 0 0 0 0 0 At 31/03/2025 3,635 8,670 18,289 326,798 357,392 Less: Depreciation At 01/04/2024 3,043 8,670 5,487 25,920 43,120 Charge for the year 592 0 3,658 0 4,250 3,635 8,670 9,145 25,920 47,370 Net Book Value At 01/04/2024 592 0 12,802 300,878 314,272 At 31/03/2025 0 0 9,144 300,878 310,022 31st March 2025 31st March 2024 14 DEBTORS £ £ Prepayments 753 1,095 753 1,095 31st March 2025 31st March 2024 £ £ 15 CREDITORS AND ACCRUALS Creditors (Students sponsorship - 2018-2020) 982 982 Due to Diocese- 2024-25 zonal contribution 5,060 0 Due to HMRC (Tax & NI ) 565 1,490 6,607 2,472 16 FUNDS MOVEMENT General Fund Designated Fund Restricted Fund Total Fund £ £ £ £ As at 1st April 2024 379,311 15,361 87,889 482,561 Net Surplus for the year 25,948 3,860 29,808 Transferred to Vehicle fund -5,000 5,000 0 Transferred to Church Building Fund -45,286 45,286 0 Utilised during the year 0 -1,400 -555 -1,955 As at 31st March 2025 354,973 18,961 136,480 510,414 Unrestricted Funds DESIGNATED FUNDS £ £ £ £ Vehicle Vicar's Transfer cost Other Designated Total

As at 1st April 2024 Utilised during the year Transfer from General Funds As at 31st March 2025	31 Fund Fund Funds Fund 12,211 20,748 3150 36,109 0 1,328 1400 2,728 5,000 9,000 0 14,000 17,211 28,420 1,750 47,381

2025
2024
£
cost
12
SUNDRY EXPENSES
First Communion & Marriage - Bibles
76
0
Mandalam Rep. travel cost
0
963
Software licence fee - Payroll RTI
48
72
Harvest Festival
210
0
Website hosting licence fee
0
797
All Saints church maintenace contribution
0
204
334
2,036
13
FIXED ASSETS
Office
Furniture
Motor
Freehold
Equipment
& Fitting
Vehicle
Property
Total
£
£
£
£
£
Cost
At 01/4/2024
3,635
8,670
18,289
326,798
357,392
Additions during the year
0
0
0
0
0
At 31/03/2025
3,635
8,670
18,289
326,798
357,392
Less: Depreciation
At 01/04/2024
3,043
8,670
5,487
25,920
43,120
Charge for the year
592
0
3,658
0
4,250
3,635
8,670
9,145
25,920
47,370
Net Book Value
At 01/04/2024
592
0
12,802
300,878
314,272
At 31/03/2025
0
0
9,144
300,878
310,022
31st March 2025
31st March 2024
14
DEBTORS
£
£
Prepayments
753
1,095
753
1,095
31st March 2025
31st March 2024
£
£
15
CREDITORS AND ACCRUALS
Creditors (Students sponsorship - 2018-2020)
982
982
Due to Diocese- 2024-25 zonal contribution
5,060
0
Due to HMRC (Tax & NI )
565
1,490
6,607
2,472
16
FUNDS MOVEMENT
General
Fund
Designated
Fund
Restricted
Fund
Total
Fund
£
£
£
£
As at 1st April 2024
379,311
15,361
87,889
482,561
Net Surplus for the year
25,948
3,860
29,808
Transferred to Vehicle fund
-5,000
5,000
0
Transferred to Church Building Fund
-45,286
45,286
0
Utilised during the year
0
-1,400
-555
-1,955
As at 31st March 2025
354,973
18,961
136,480
510,414
Unrestricted Funds
DESIGNATED FUNDS
£
£
£
£
Vehicle
Vicar's
Transfer cost
Other
Designated
Total

As at 1st April 2024
Utilised during the year
Transfer from General Funds
As at 31st March 2025

31
Fund
Fund
Funds
Fund
12,211
20,748
3150
36,109
0
1,328
1400
2,728
5,000
9,000
0
14,000
17,211
28,420
1,750
47,381

~~eee~~ SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

SINAI MAR THOMA CHURCH -ANNUAL REPORT & TRUSTEES REPORT (2024-25)

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CASH FLOW STATEMENT FOR THE YEAR Fig in £
31st March 31st March
2025 2024
Net income 25,948 9,916
Assets addition 0 0
Depreciation charge 4,250 3,895
Increase/(Decrease) in debtors 342 490
Increase/(decrease) in creditors falling due within one year 4,135 367
Increase/(Decrease) in restricted fund 3,305 5,809
Increase/(Decrease) in designated fund -1,400 0
Increase/decrease in provision for Vicar's transfer cost fund 7,672 9,000
Net cash flow in the year 44,252 29,477
Bank balances at 31.03.2024 190,414 160,937
Bank balances at 31.03.2025 234,666 190,414
Increase in bank balances 44,252 29,477
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