REGISTERED CHARITY FIUMBER: IIJ9569
Report of tbt Trusttts *nd
for the Period
O April 2024 t• 30 September 2025
ror
SAIiYf MARY AND ARCHANGEL MICHAEL COFnC
ORTHODOX CHURCH
Guside and Co. Limited
Chartered Accourrtants & Stswtory Auditor
Suite 631. Linen Ha]1
162-168 Regeni Sireet
IA)nth)ll
WIB 5TG

SAIIYT MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Contents ofthe Financial StAtemeuts
ror th¢ Period 6 April 2024 to 30 Septt)uber 21125
P¥ge
Re￿rt of the Trustees
Report ofthe Ittdepend¢nt Auditors
Ststeme))t of FlnAncial Aetllryties
io
ststeanent of Financixl Position
li
ststemettt ofca5b Fl•ws
12
Notes to the S¢*temtnt Of Cash Flows
13
Ntstes to the Fittxncial S¢•letythts
14 to 20
Detsiled Statement of Finanri¥l Activiti
21 ￿ 22

SAINT MARY AND ARCHANGEL MICHAEL corric
ORTHODOX CHURCH
Report of the Trustees
for the Period 6 April 2024 th 30 &ptembtr 21125
Th¢ tr￿lee5 present their TeW>rt wtth the fmancial 518tements of the charity for the period 6 April 2024 to
30 September 2025. The twstees h&ve adopted the PIOYLsion5 of Accounting and R¢porting by Charities.. Statement of
Recommended Practice applicable ￿ charities preparing their accounts in accordance with the Finantial Rq)orting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
owKcrivES AND AcfivITIES
Objvtives airns
The object of the charity is to promotc th¢ Coptic Ordb)dox Chur¢h in the Uoiied Kingdom and th¢ Republic of Ireland. In
furtherance of thLS object the Tru5te¢s may provid¢ 8t￿ maintsill plac¢5 of public worship. cany out religious service4 pay
the priests $a]arie5. hold religious a]]d other meetings in conlledion with thc Coptic Orthodox Church 8nd provid¢ &$$i￿anCe
for the needy in the United Kingdom and abnHI.
St Mary and Archangel Michael Coptic Orthodox ChU￿h i5 part of the Comic OrtlKNlox Th¢)(xs¢ ofLondon.
Publ1¢ beneflt
The tntstees confjrn that they havc had Teg8rd to the Chwity Commissionl guidance on public b￿¢r￿t when pl&nning the
charity's ￿1VItieS.
ACHIEVEMENTS AND PERFORMANCE
Ch*rit*ble activitie5
Thc church, whith is based in Golders Green. is open most days of the week for celebrntirtg the DI￿ne Liwrgy, prayer
m¢etirtg4 seminar& gmup discussions. Bible swdies, Coptic language lessons. Copti¢ hyrnns lessons and other church
activities.
During th¢ year, the youths oFth¢ ¢hurch attended •)d organised confeTen¢e4 retreats and Mps in the UK and abroad.
The church has sports a¢tiviti¢s and h&% r￿tball and basketball tegms whith play and compele against teams of othercoptic
churches in the UK.
Fundraising activities
During tbe year, the Church I￿ collected funds from the con8r¢88tion ￿ pay for its running expenses and to don*e to some
r families in the cotnmunity, also, to pay for the construclwn of a new thurch hall lo rq>lace the old hail which was
becoming too old and not fit to setve the need of th¢ LY>ngrewion.
The eh#rlty's expeDditure
The major expenditure during the year
Church artLVi
Mairttaifting the chur¢h and th¢ tempow hall. mBking them available to the public to use for worship and social activities.
the payment of the priest's sa]aries and ¢xNses. the provision of Sunday schools to teach th¢ child￿n th¢ faith of the
church and tt> provid¢ help to the needy in the eommutlity.
Construction of the
Paym¢nts ]nade to the building contractors. ¢ngin¢¢rs and *Jvisers as part of the ¢on5tructiOn costs of buildin8 the new hall.
As permitt￿ by FRS 102, the conslruction costs irKlude witali5¢d int¢rest dirtttly attrk&utable to the construction of the
development.
Interest
The church incurred dur%ng the year. interest on loans obtaincd from the bank to pay ft)r the constru¢tion of the new ha]l. In
accordance with th¢ provisions of FRS102 the ¢hariry ¢lectrd to capitali5e this in*rest as port of the costs of the assd.
Page I

SAIIYT MARY AIYD ARCHANGEL MICHAEL COFllC
ORTHODOX CHURCH
Report of the Tru$tees
for ¢ht Period 6 April 2(124 to 30 SEPternb¢r202S
FIP4Af4ciAL REVIEW
FI￿ancIal position
The statement of financial a¢iivitie5 is set out on page 9 and sl￿WS the result of the ycar.
The charity incurred costs in ￿rtherartCC of its ObJ￿ts of £431.847 12024.. £317,895). After iaking inlo account these
expen5cs aTtd other m8na£¢m¢nt and thinistrfive expthses of £1 1.4(KJ (2024.. £11.400) the net tneoming resources ft>r the
year were £471.479 (2024.. £333.787).
At 30 Sq)tember 2025, a5 sIK)wn on the balance sheet on page 10 th¢ charrty ha5 net &ssets of £3,429.819 (2024
£2.958.340}, whi¢h were maittly held in fKxed asxts as shown on note 9 and on b#uk d¢wwts and curreni aeeounts.
PrineipAI fuThding sourees
The charity's mai]] source of funding were the payments mad¢ by its members in the forn) of do]Wions received and ¢hurch
¢ollection.
Investment policy objecltves
The TnJsie¢s' inYe5llneni powers are govcrned by the Trust Deed, which permits the Charrty's funds to be invested in
proptrties, any cash invtstments and chattels 8$ they see fit. The Trustees have considered the most appropriate poliry for
investing the eharity'$ fibnds and decided to keep it in bank accounts to have it avatjable for paying for the Project of
buildin8 a new hall, is ¢UTrently ity pro8ress.
Restrves poliey
The Trust¢C5 aim io keep in reserves at any ]x)int of time three months of exp¢nditure to COV¢T unplanned ern¢rgency repaiis
to the church building and other expenses. The of reseNes held at the ￿riod end w&5 £3,429.819 12024:
£2,958,340).
FUTURE PLANS
The charity has demolishrd the old ¢hurch ball buildiD8 and are cutrent]y in the of rep]￿ing it with a foyr-story
buildin& including a basem¢EU at an emrmated costof £3.2 million.
The new building will be by the church for its activfftties and by the community as a nursery. The charity reached a
agreement with Charity Bank for fimding the proje¢t.
Th¢ proje¢t is progressing well with an expthl completion of Q2 2025 4￿1 the total estimated cost will b¢ aboui £3
millton.
STRUCTURE. GOVERNANCE AND ￿AGEMENr
Governlmg docutNeNt
The charity w&s formed on 18 Novtmb¢r 2010 as an unin¢ortKTrAted trusL registered with the Charity Commission.
re8iStration numb¢r 1139569 oll 30 DeG¢mber 2010 and is governed by the Charities Ad 2011 and its Trust d¢ed dated 18
November 2010.
Management ofthe ChAriry
The chaTity is ma1]ag￿ by the Church Council consisting of The Diocesat) Bishop, th¢ Priests of the Church. and not less
than five Council MeJnbers, who are aptKJintcd Irom lin￿ to lime by The Diocesan Bishop.
Only the Tn￿ceS ar¢ votitk8 memb￿$ of the Council.
Page 2

SAIf4T MARY AND ARCHANGEL MICHAEL coync
ORTHODOX CHURCH
Report of the Trustees
for tht Period 6 April 2024 to 30 September 2025
STRUCTUR[ GOVERf4ANCE AND MANAGEME]Yf
Recruitment ¥ppointment of llElV tTUStees
The Tntstees and other council members of the Charity are aptKJinted by thc Diocesan Bisknp.
The Trustees who serv¢d throughout the YearWe￿ as stated below:
Mr M N¢oman
Dr I Tadn)s
Mr A Shahats
Mr N Abd¢lsard
Mr A Seha
Dr G Yanni
Mr N Boutros
Names of the m¢mbers of the Church Council, are Dot trus¢¢es:
Miss Sarah Henein
Mr Hani Salih
Mr H3ni Bushra
Mr Kyrillos Abadir
Mr Makarious Gir8as
Mr Magid Manso
OrgAniiatlonal Structure
Spint Mary artd Archangel Michael Cowic Orthodox Church is an indivisible part of the Coptic Orthodox Church in Egypt
which has &8 its Supreme Head, the Pope of Al¢xandria and derive5 its spiriiutl authority to fi]nction from the Holy Q>uncil
of the Coptic Orthodox Patriarchate in Cairo. E&vpt. su¢h authority cannot Ix chang&l, al*Te4 modified or revok¢d.
The Coptic Orthodox Archbishop of London is apwjinied by th¢ Holy Synod of the Coptic Orthodox Church by written
decree over the are4 known a5 th¢ Di(xe5e of Lonthtrn, whi¢h includes this charity.
Deelslon making
The trllSi¢¢s of St Mary and Archangel MI￿￿e1 Coptie OrtlM)dox Church. in consultation with the Copti¢ Orthoth>x Bishop
of London. the priests of the church and other tnembets of the couneil. thke decisions on all rnattcrs concerning the
adtTJinistration of the Charity. De¢ision5 on the thurch spirituat services to the wngtegation. are tsken by the Copti¢
Orthodox Archbithop of London #nd ihe priest&
Inducttoll gnd tr4iMiNg of new trnstees
The trustees ar¢ metllbers of the church 8]NJ 45 Such are familiar with the pradi¢al work of the charity. N¢w ITUStees ar¢
8iv¢n trainin8 by exisiing twstees on..
- The Church Constituti¢M4
-The current r]llanci￿ position as set out in the published xcount
Future plans and objective&
Risk man#gemeot
The trllst¢¢s have x duty to td¢ntify and ￿VIeW the risks tt) which the charity is exw1s￿ and to ensure appropriate control$
are it) place to prt)vide reasonable assurance against fraud and ¢Tror.
The main risks whi¢h may the charity is the r¢durtAon in (k)Dations from th¢ congr¢gatith.
Th¢ ¢harity relies on donations ftom a large number of don¢)r& not a few iNlividual& which ￿jU¢¢S the risk of huge
fluctuauons in the income from donation5.
Page 3

SAINT MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Rtport of the Trustees
for the Perlod 6 April 2024 to 30 September 21125
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Cb8rity number
1139569
Princi￿1 &ddre$5
Crdnlx)urne Gardejjs
London
Londo
NWII OHS
Trustees
M Ncgman
Dr l Tadros
A Shahata
N Abdels8id
A Seha
Dr G Yanni
N Boutros
Audltors
Garside and Co. Limited
Chartered A¢¢ountants & Statutory AudI￿r
Suite 631. Linen Hail
162-108 Regent Street
London
WIB5TG
CUSTODIAN TRUSfE
Th¢ charity's freehold property is legally Wes￿d in eust(Mlian trumees who ]KJld the title on behalf of th¢ tharity. The charity
trustees retain fiall ￿SponsIbl11ty forthe maDag¢ment and control of th¢ property.
EVENTS SINCE THE EiYD OF THE PERtOD
Information relating to events since the end of the peTiod is given in the notes to the financial statem¢nts.
STATEMENT OF TRUSTEES, RESPONSIBILtflES
The tnistees are re$portsible for preparing the Report of thc TrusLe¢s atKI the financial sthtements in accordance wilh
appli¢able18w and United Kingdom Ac¢ounting Standards (Unitcd Kingdorn Gener￿lY Accepted Acwunting Practice).
Charity law requir¢5 the tn￿lee$ to prep*E finwi8J statements for each financial year. Llnder that law. the trustees have
ele¢trd to prepar¢ the financtai statements a¢¢ordance with United Kin8&*m Generally A¢￿pIed Accounting Pwtice
(Utlited Kingdotn Accounting StandaTds and applicable law).
UTLder charity law the tsvst¢¢s rnust not apprDve the financial statements unless they sre ￿]sfIed that th¢y give a true and
fair view of the srat¢ of affairs of the chan.ty and of the incoming resources atld application of resources. including the
income and expenditure. of the charity for that pttiod. In preparing 11m￿t fin2n¢iat statements. the trustses are required to
select suitable accounting p)licies and then apply them con5t5tently-
observe the rneth(Mls and prtnciples in the Chwiiies SORP.
make judgements and estitnai¢s that are reasonable and prtht
stai¢ whether applicable ac¢ounting stsndard5 have t¢en followed. subject to any material departures disclosed anit
explained in th¢ financial slaiements.
prepare the financial ststements on the gotng u)ncern blsis unless it is illappropriat¢ k) presume that the Ch￿lty will
¢ontinue in bwin¢5&

SAINT MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Report of thÈ Trustees
for the Period 6 April 21124 to 30 Sewember 2fy25
STATEMENT OF TRusfEES' RESPOI¥SIBILITILS- c(IDtinucd
The trLiSt¢es are r¢5pon5ible for keeping proper accounting re￿rdS thich disc105e with rEag)nable accurncy at any time th¢
finanG1￿ position of the ¢haTity and to enable th¢m to ensure that the f￿2￿Cial statem¢tts comply wilh the Charities Ad
201 l and The Charity {Accow)ts and R¢p)rts) Re8ulatioDs 21)08. They are also responsible for 5afrguarding the assets of the
th￿lty and henc¢ for tsking reaqonable steps for the prevention and detection of fraud and oth¢r trregularities.
31st July 2026
Approved by order ofthe of trust￿ on. ..
and siwKd on b¢haif ty.
Trustee
Dr George Yanni)
Page 5

Report ofthe IndependeDt Auditors to the Trustees of
SAINT MARY AND ARCHANGEL MICHAEL COPTtc
ORTHODOX CHURCH
Oplnlon
W¢ have audited the fllwiciai statements of SAINT MARY AND ARCHANGEL MECFIAEL COPTIC ORTHODOX
CHURCH {the'charity) for the period eThJed 30 September 2025 which comprisc the Statctnent of Finallcial Activities, the
Statement of Financkal Position, the Statement of Cash Flows and notes to the financial ststem¢nts, In¢ludin8 a summary of
signifJ¢ant accounting wlLCtes. The knaThciat retx)rttn8 frarnewrk that has bcen applia in their pr¢p8ration is applicable
law and United Kingdom Actounting Standards (United Kingdom Generdlly Accepted A¢￿￿￿11￿8 Practice).
In our opinion the fIna￿la] staternents:
give a tn]e and fair view of the slat¢ of th¢ charity's affairs as at 30 September 2025 aJO of its in¢oming r¢sour¢¢s artd
application of resources. for the period then ended.
have been properly prepar&1 in accordanee wtth United Kingdom G¢neratly Accepted Accounting Practice" and
have been prepared in accord8nee wth the requiretnents of the Charities Act 2011.
B9si$ for opinion
We conducted our audit in accordance with International Ststthrds on Auditing (UK) (ISAS (UK}) and applicable law. Our
responsibilities under those standards arc fi]rther des¢ribed in the Auditors, responsibilities for the audir of the financi
stat¢m¢nts S¢¢iion of our rerA)rt. W¢ ar¢ indq)¢ndent of the charity in w>rdance with the ethical requirements ihat are
relevant to our audit of the f]n4ncial 5tstem¢nts in the UK, tncludin8 the FRC$ Ethical Standard, a[￿ we have fulfillcd our
oth¢r ethical responstbilities in accordanee with these rtquirtjnents. We believe the audit evidence we have obt8tned
is suffJ¢ient and appropriate to provide a basis forouropinioti.
Con¢lu$ion5 relating to golng CODcern
In auditing the f￿an¢1￿ state¥nenty we hav¢ concluded that the In￿ use of the going conrxrn basis of accounting in the
preparation of th¢ financial statements is appropriate.
Bwd on the work we have p¢rfonll￿ we hav¢ not identifioj any mste¥iJl uncenainties ￿lating ty events or conditions
thai. individwdlly or collectively, may cast 5ignificaJ)t doubt on the ¢harity's ability to continue as a going concern for a
period of at least (welve month5 from when thr financial StateM￿ts ar¢ authorisd for Rs5U¢.
Our responsibilities aThJ the r¢5ponsibiliti<% of th¢ tr￿ceS with w*et to going con¢xm are describ￿1 in the relevant
sections of this report.
Other ithformation
The trllstees are responsible for the other inforniation. The other infomiation c(HDprises the infonnation included in the
Annua] Report, other than the financiaI staiemert8 and our Report of the Inde￿dent Auditors therwn.
Our opinion on th¢ finan¢ia] 5tat¢ments does not Gover the other infOrn￿tion an￿ ex¢ept to the exmi otherwise explicitly
ststed in our TeporL we do not express any forni of ￿]rantt conclusiort thuwn.
In connection with ollr audit of the fittancial stsiem¢nts. our responsibility is to rt*J the othw tnformation and, iti doing 50.
¢Oll5id¢r whether the other inf0m￿tion is materially iTKonsistent with the fiTwicial stat￿ents or our knowledge obiaitsed in
the audit or otherwise appears to bc materially miss¢a*d. If we ideniify such material in¢onsistencie5 or apparent material
misstatements. we are requir¢d to deterniin¢ Wheth￿ this gives rise to a M￿rial misstatw¢nt in the financial ststcments
themselves. If, based on the work we have p¢rformed, we eon¢lude that there is a ]natrrial missta(etnent of this other
inforniation. we #re rryuired to retort th* faLt W¢ have nothing ty report iti this regar
M*tteTS whlch we reqllired to reptyrt by exceptio
We have nothing to report itt respxl of the following matters wh¢r¢ the Charitie5 {Ac¢ounts and Retorts) Regulations 2008
requir¢s us to reTX)rt tt> you if. in our opinion:
the Infom)￿r0n giv￿ in th¢ Rcport of the Tru5tee5 is irwist¢nt any material respect with the financial statements.
or
sufficient a¢¢ounting re¢ords have not been kept.. or
Ihe financial stattments are noi agreemellt with the accounting records attd returns or
we have not received ail the infom)ation and explanations we reqtsire for our audit.
Page 6

Report of the Independent Auditors to the Trusttts ol
SAINT MARY AND ARCHANCKL MICHAEL covrIc
ORTHODOX CHURCH
Responsibilities of trustees
As explained more fully in the Statement of Trusiees. Resp)nsibtlities. the tru5tee5 are re5FVn5ible for the prqwdtion of the
financial statements which give a tnje and fair View. and for such Intern￿ ¢ontroI &% the bustees determin¢ 15 Iiecessary 10
enabl¢ th¢ p￿p￿r￿tioll of financial statements that are free from mat¢rial misstatemenl whether due to fraud tsr error.
In preparing the finoncial Stste￿¢￿t4 the trustees are Tesponsibl¢ for asxssing the chariry's ability to continu¢ as a goins
Conc¢￿ diselosing. ￿ applicable. matters related to goin8 concern and using th¢ going ¢on¢¢rn b2si$ of accountin8 unless
the trnstees either intend to liquidate the ch3rity or to Ce￿ Operatio￿ orhave no realistic altemaiive but to do so.
Page 7

Report of the Independeot Auditors to tb¢ Trustets of
SAINT l¥tARY AND ARCHANGEL MICHAEL COVTIC
ORTHODOX CHURCH
Our respon$lbiRitles for the a￿dit of the fi￿8￿¢￿￿1 ststemeDts
W¢ have been appointed as auditors under Section 144 of the C1wiiies Act 2011 reEM)rt in accord8nce with the Acl and
relevant regulations made or having ¢ff¢ci thereund¢r.
Our objectives #re io obtsin K¢asonable ￿U￿dncc a￿ul wlther the financxal statements as a whole are free from
misstatement, whether due to frdud or czror, atwj to issue a ReFon of the Independent AudiioTS thai include5 our opinion.
Reasonable assurance is a hi￿ levtl of L55ufdnce, but is a guarante¢ that an audit ¢onducted in accordan¢¢ with ISAS
(UK) will always detect a material mi&st8tement when it ¢xists. mis51attmet￿ aris¢ from fraud or error and are
considered material if, individually or in the aggre￿¢, they could Te&goAMbly be eXF£t￿ to influence the economic
decisions of users tsk¢n on the b&sis of these f￿ancial statements.
Identi
in
aterial mis5tatemetrt due tt) fra
As required by auditin8 Standards. gnd tsking irtto aecoutjt ￿)SSIble pressures to meet profit tsrgets and our overall
knowledge of the control envLioimietiL we p¢rfotm¢d procedur¢s to addres5 the risks of management override of controls
and ihe risk of frauduleni revenue reWtti0￿ th¢ risk those in charge with manage￿￿nt may be in a p)siiion ff) make
inappropriate aceourtting entries and the risk of bi￿ in accounting estim*e5 and jud8ements suth as th¢ vo]uation of fixed
a5S¢ts and financial illSlwtn¢nts and d¢prwiatioll poli¢i¢s.
To identify risks of material miss￿ment due w fraud {-fraud risks-) we as%ssed events or conditions that could indicate
all inc¢ntiYe or pi¢ssure to collunit frdud or provide an op￿rtUnity to co]ntiiit fraud. We ¢tsmmunicated id¢ntifi¢d frdud
risks throu8houl th¢ audit team and remained alertkn any Indi¢￿10n$ of fraudthrough¢)ut the audiL
Our risk ￿ESsMent pmceth]res includ&A:
- Enquiring of those charged with management and iTt$peL#ion of key p4)ers to the policies and pllKedures to prevent and
detect fraud. including the proc¢ss for engaging mo￿age￿¢￿t to id￿tify frnud risks SPEcifK to the entity's sect(>r, as well as
whether thcy have knowl¢dg¢ of any actual. su5peGted. or alleged fraud.
- Rcviewing minutes of trustees. rn¢¢tings)
- Considering management's incentives and opwrtsmities for fraudul¢Dt manipulatK*n of th¢ fina￿1￿ statemen￿.
- Assessing significant accounting esiirnaies for bi4
- Auditing the risk of management overrid¢ of ¢olltsol& including thr￿gh testin8N￿MaI tntries and other adjustments for
appropriateness. aDd evaluating the lyJsÈness r*ional¢ of Si￿1r1¢an1 transa¢tions outside the nornial Course of busine$5.
in
s of material mi
non-co
liance with la
We ¢onsid¢red the ext¢ni io whirh non-compliance mtghi have a material tffect on the financial s￿tements. We also
nsid¢red those laws alld regulaiions have a di]rct impACt on thc financial s￿ements such as the Companies Act 2006
and the Charittes Stat¢m¢tEt of Recommended P￿Clice {SOR]¥) FRS 102.
The entity is subj¢¢t io laws and regulations that directly affect the finan¢ia] ststemettis including finoncial r¢porting
legislaiion, tsxation legislation (payroll thxes), and pension l¢gislation and we ￿eSSed the extent of ¢omplian¢¢ with th¢s¢
laws and tygulations as part of our pr(ttduwEs on the related fmancial ststem¢ttts itcrns.
As the entity i$ regulatrt our as%ssment of risks involycd gaining at) understanding of tk control uJVi￿nMcnl including
the entity's procedur¢s for complying with regulatory requiretnents. W¢ communicated identifjed laws and r¢guiations
throughout our ttam and remained alert to any indicdions of non-cornpliance througknut the #udiL
Our proc¢dures included:
Discussion with those in charge with rnanaBem¢nL and frDm insFt¢tÉon of the cntity's Trgulatory and legal
correspoThJence'
Discussion with charged with managemetht the p)licies and prnctdures regarding wmpliance with laws and
regulations.
- Reviewin8 financiat ststemcnt disch)surr5 a￿j ttsting to supponing d(￿en￿lIon w a&Yss complian¢¢ with applicable
laws and regulations,. ¥nd
- Enquiry of managemenL those char8ed with arouTrl and potentÈal litigation and claitns.
Page 8

Report of tht Indepe￿dent Auditors to tht Trusttts of
SAINT MARY AND ARCHANCEL MICHAEL COFrIc
ORTHODOX CHURCH
A fi]rther desciiption of our respJn5ibilities for the audit of th¢ fiTwi¢i81 stht¢ffl¢nts is lo¢ated on the Flnancial Retorting
Council's website at www.frc.org.uklaudittThwnsibilities. This description fom]s pan of our RerKTrrt of the Independent
Audiiois.
Ust of our report
This report is made solety to the charity's truste4 as a kndy. in accordance wtth Part 4 of the Charities (AeeA)unts 8nd
Reports) Regu1￿10nS 2008. Our audii work been undertaken so we might sthte h) the charity's trustees those matters
we are required to state io them in an audttors, rew>rt and for M other purtx)se. To the ￿lIest extent permitted by law. we do
not accept or &ssum¢ r¢sponsibility to anyone other thaD the charity and the charity's trustees as a body, for our audit work.
for this reJM)rt, or for the opinions we have forn)ed.
Ggreth O Hll8
For and on behalf of Garside and Co. Limited
Chart¢r¢d Accountants & Statutory Auditor
Suite 631. Li￿￿ Hall
162-168 Regent Street
Lond
WIB 5TG

SA1Tr4T MARY AND ARCHANGEL MICRIAEL coFric
ORTHODOX CHURCH
Ststejnent of Financiil Attivities
for the Period 6 April 2024 to 30 September 2025
Period
6.424
Year Ended
5.4.24
Total
funds
30.925
Total
nds
fund
INCOME AND ENDOWMETrrrs FROM
Donations and legacies
891.896
891.896
633,992
Other trading &tiviti¢s
Other income
11.430
11,430
17,460
230
Totsl
651682
EXPENDITURE ON
Charitable 4ctivltie$
Church Activity
431847
317 895
NET INCOME
471.479
471.479
333,787
RECONCILIATION OF FUNDS
Totsl funds brought forward
2,958,188
152
1958.340
2,624,553
TOTAL FUNDS CARIUED FORWARD
3 429 667
152
3 429819
2 958 340
The noks fonn part of these finalleiai statements
P4g¢ 10

SAINT I¥IARY AND ARCHANCEL MICHAEL COPTIC
ORTHODOX CHURCH
Statement of Fillatttial Positio
30 Stptember 2025
30.925
Total
fim(L8
5.4.24
Total
funds
Unrestricied ReStriC￿d
Note5
FIXED A&SETS
Tangiblc 8SS¢ts
5525.064
5.525.064
3,401,595
CURRENT ASSETS
D¢btotS
Cash at bank
10
74,848
213,680
152
75,000
21J.680
30,000
474281
288.528
152
288,680
504281
CREDITORS
Amounts falling due withtn one year
(624J26)
{624.526)
(535,554)
NET CURRENf ASSETS
(J35998)
152
(335,846}
(31,273)
TOTAL ASSETS LESS CURRENr
LIABILITIES
5.189.066
152
5.189,218
3.370J22
CREDITORS
Amounts falling due after mort than one year
12
(1.759J99)
(1,759J99)
(411,982)
NET ASSETS
3.429,667
152
3,429.819
2,958.340
FUNDS
Unrestricted funds
Restricted fund5
14
3.429.667
152
2.958.188
152
TOTAL FUNDS
3,429,819
2,958,340
The financiol ststements were approved by the Board of Tn￿ceS and autlM)ri5¢d for issue on 3 1
and were signed on lis behalf by..
Tnts*e
The ttx)ies form part of these financial statements
Page 11

SAINf MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
St#tement of Cash Flows
for the Period 6 April 2024 to JO September 2025
Period
6.4.24
Year Ended
5.4.24
30.925
Cash flows from operating activities
Cash generated from owations
473.688
369415
Net ¢&sh provided by operating adivities
473 688
369415
Cash nows from iDYe5ting gctivities
Pur¢hw of tangibl¢ fixed &ss¢ts
153.71hS
Net Gash used ID investing ￿tivItieS
2.153 706
921606
Cash flow5 from fimncing activiti
New loans in year
419 417
503.982
Net cash provid￿ by fi¢Jan¢in% activities
419 417
503 982
Change IN rash artd cth eqllivaleuts ID thc
reporting ptriod
Cash and eash equivslents at the beginning
of the reporting perl(*J
(260.601)
{48209)
474281
Cash and cfish equivaknt$ a¢ the of tbe
r¢porting peTiod
474281
The note5 forni part of these fJDancial ststemellts
Pagc 12

SAINT MARY AND ARCHAIYGEL MICHAEL COPTIC
ORTHODOX CHURCH
Notes to the St*tement of Cash Flows
for the P¢riod 6 Aprll 2024 to 30 September 2025
RECONCILIATION OF NET INCOME TO NET CASH FILJW FROM OPERATING
ACTIVITIES
PeTi(MI
6.424
Year Ended
5.4.24
30.925
Net ineom¢ for tht r¢porting period (*s per the Ststewtnt of Fbwci*l
Activitie5)
Adjustments for.
Deprtciaiion charg¢s
{IncreLselldecreas¢ in de￿￿5
IncreBsc in cr•litors
471.479
333,787
30.237
(45.000>
20,151
6.539
Ne¢ eash provkled by 4yr&doDS
473 688
369,415
ANALYSIS OF CHANGES IN NET DEFr
At 6.4.24
CA8h flow
At 30.9.25
Net tash
Cash ai bonk
474
260 601
213,680
474 281
213680
Debt
Debis falling du¢ within l year
Debts falling due after l year
(519,000)
411982
{72.(K>O)
(s91,0(￿)}
47.417
{1￿ (1759 399
930.982
Total
456 701
(1.680 018
{2.136 719)
The forn] panof th￿e finan¢ial S￿eMents
Pag¢ 13

SAINT MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Notes to the FiDineial StAtements
for the Period 6 April 2024 to 30 Septembtt 2025
ACCOUNTIiYG POLICIES
BASIS of preparing the finan¢i41 $txtemellts
The financial st8t¢ments of the Charity. which is a public benefit entity under FRS 102, have been pr¢p8red in
ac¢ordatt¢e with the Chariti¢$ SORP (FRS 102) AccountiDg and Reporting by Charirie5'. Statement of
Recommended Praciice applicable to charities preparing their accounts in accordance with the Financial R¢porting
Standard applioble in the UK and Republic of Ireland IFRS 102) (effeetivt I Sanuary 2019),. FiDan¢ial Reporting
Stsndard 102 The Finan¢ial Reporting Sthndard applicable in the UK and Republic of Ireland, the Charities Act
2011. The financial statements have been prepared under the histt)ricai cost convenuon.
IDtome
All inwmc is rKo8ni%d in th¢ Statement of Finan¢ial A¢tivits¢s onee the charity hos ¢nlatlement to th¢ filnds. it is
probable the income will be I￿1ve41 orKI the amowtt can t* measured T¢li4bly.
Expenditure
Liabilities are recognised a8 expendttitre as soon as there is a legal or constructive obligation wmmittin8 the charity
to that txp¢nditure, it Is probable that a tr￿Sfer of economic benefjts will be rcquircd in settl¢ment and the amount
of the obligation can be meawrtd reliably. Expenditure 15 accounied for on an accnEals b&sis and has b¢¢n cl&8sified
under headings that a￿e￿te all cost related to thc ¢ai¢gory. Ivhere costs cantM)t be directly attributed to partiGular
headillgs they have b¢¢n allo￿￿ lo activitics on a basis ￿n5]St¢llt with th¢ use of resources.
Tangibk rued assets
DepTE¢iation is prnvided at the following annual rates in ordEr to write off e￿h asset over its estimatrd useful li
Freehold bllildin85- strai8ht line
Offttt equipment- 15V47 reducing balance
Fixtur¢5 & fJttKng5- 10% r￿wing balan¢¢
Building under constrnction- not depreciated
T#xatlo
The ¢harity is ¢x¢mpt from QD its ¢hwitable a¢tivitie
Fund aecounting
Unre5tricttd fi]nds can be used in accor￿ with the chaTitsbk objective5 at the discretion of th¢ In&¢es.
R¢strieted funds ¢an only b¢ used for parti¢u]ar rtstri¢¢ed pur[￿￿ within th¢ obj¢rts of the charity. Restri¢iions
arise when spe¢ified by the donor or when funds #re raised for partitsJl#rrestricted PUryK>ses.
Further explanation of the nature and purtK¥sc of cxh fund is included In the notes M) the financial statement&
Pension costs other p05t-retirement beDefits
The charity operates a defined contTibution ￿nsiOn scheme. Contributions payabk to the charity's pension scheme
are charged to the stsiement of Financial Actiwties in the periiMI to which they re]ate.
Pa8e 14
continued...

SAITrIT MARY AND ARCHAIYGEL MICHAEL COPTIC
ORTHODOX CHURCH
Notes lo the Fin#neig1 Statements- continu¢d
for the P¢riod 6 April 2024 to JO September 21n5
DONATIONS AND LEGACIES
Period
6.4.24
Year Ended
5.4.24
30.925
Pi8nned giving and colleaions
Gift aid
846.896
491,088
141904
OTHER TRADING AcrtVlTIES
Peri¢Jd
6.4.24
Ye4rEnded
5.4.24
30.925
Shop income
CHARrrABLE ACTIVITIES cosrs
Support
¢osts (s
note 5)
Direct
Costs
Totals
Church Activity
420,447
11.400
431847
SUPPORT COSTS
Governance
¢osts
Church Activity
TRUSTEES, REMUNERATION A]YD BENEF
There were no tsustees. remuneration or other twefits for the period ended 30 September 2025 llor for the year
e#ded 5 April 2024.
Tr￿51¢¢5, ¢xpens¢s
Thtre were no trustees, expensts paid for the etlded 30 Sept￿ber2025 Trf)r for the year ended 5 April 2024.
Page 15
continu¢d...

SAIP4T MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Not¢s ¢0 ¢he FirA*neig1 St#t¢ments- coiitinued
for the Period 6 April 21J24 to 30 Septembcr 21125
STAFF COSTS
Period
6.4.24
Year Ended
5.4.24
30.925
Wages and salaries
Oth¢r pension costs
151,497
96.700
220.819
139 158
The kverage monthly numberof employees durin8 the petiod w&% ￿ follows..
Period
6.4.24
ye￿ Ended
5.4.24
30.925
The numberof employe￿ wFK>s¢ employee benefits (excludillg employer pen5ioD exceed￿ £60.1M)O wLs.'
Peri
6.4.24
to
30.925
Year Ended
5.4.24
£60.001- £70.000
COMPARATIVLS FOR THE STATEMENT OF FINANCIAL ACTIVITIES
UAJresLrie*d
funds
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
tk>nations and le8acies
633.992
633,992
Other trading activiti¢s
Other income
17.460
230
17,460
230
To¢gl
651682
651682
EXPENDITURE ON
Charitlbk aetivities
chU￿h A¢tivity
317895
317 895
NET INCOME
333.787
333,787
RECONCILIATION OF FUNDS
Totsl fund5 brought foThvard
2.624.401
152
2.624,553
Page 16
continued...

SAINt MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Notes to tht Finanti#l st#tem￿ts- continued
for th¢ Period 6 April 2024 to 30 September 2015
COMPARATtVES FOR THE sfATEMENT OF FINANCIAL AcrtvtTIES- eontlDved
Unrestri¢
Restrict¢d
fim&
fund
Total
funds
TOTAL FUNDS CARRIED FORWARD
2.958.188
152
2 958 340
TANGIBLE FIXED ASSETS
Fixiures
and
fittings
Free1￿Id
property
Plant and
Total$
cosr
At 6 April 2024
AdditiOIIS
3.605,727
12,748
247.065
3,865,540
2 153706
At 30 September 2025
5 759.433
12.748
247 065
6019246
DEPRECIATION
At 6 April 2024
Charge for yrar
277Jll
174.9
7,416
463.945
383
At 30 Septembtt 2025
299.749
12.027
181406
494,182
NET BOOK VALUE
At 30 September 2025
5.459.684
721
5.525.064
At 5 April 2024
3401 $95
io.
DEwfoRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.25
5.4.24
Gift aid receivable
30,000
Page 17
continued...

SAINT MARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Note5 to the Finithcial Stgt¢ments- eontinued
lor the PeTiod 6 April 2024 to 30 septern￿r 2025
CREDITORS: AMouTrf15 FALLING DUE wrrHIN ONE YEAR
ii.
30.925
5.4.24
Other loans (sce note 13)
&)cial securtty and othert&x&q
Oth¢r creditor5
ACcn￿ls- Other CXPeA%C5
591.0(N)
3.681
6.533
519,000
3.891
753
535.554
12.
CREDITORS: AMOUNTS FALLING DUE A ￿ER MORE THAN ONE YEAR
30.925
5.4.24
Bank 108ns (see note 13)
1.759 399
411.982
13.
IX)ANS
The charity has a loan fxility unda which fi￿dS are drawn down as required ￿ finaEJce the wnsiN¢tion of its
property. At 30 September 2025, £1.764.972 had been dramm and is included within creditors. Th¢ remaining
undrawn facility is not recognised as a liability. &4 no obligation existed at the reporting date.
The term of the bank 108n is 25 yews fom) the date of first utilisation. The inlerest rth applicable to the loan is
2.980kn pa aiK>v¢ th¢ Bank of England ('BoE) bas¢ rat¢ for the firs(24 months. then 2.68¥17 pa above the BOE base
rate for the remainder of the terni.
The bank loan is repayable by rnonthly instalrnents of intcre5t onty for the first 24 months after ¢h¢ fir51 yiilisation
followed by monthly instslments of capithi and interest for th¢ remainder of the tenn. A fjxed charge is held again
the Chur¢h building &5 s¢¢urity for the loath.
Other108ns represents unseeured loans reL%ived by the Churth from mernbers of tl* conwgation.
14.
MOVEMEiYf IN FUNDS
Net
ovefftertt
in funds
At
30.9.25
At 6.424
Unre5tri¢ted fuDds
G¢n¢ral fund
1958.188
471.479
3.429.667
Restrieted funds
RESTRICTED
152
152
TOTAL FUNDS
2 958 340
471479
3 429819
Page 18
ntillu¢d...

SAINT I¥IARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Notes to the Fin*ncial Ststements- ¢ontlDued
for ihe Period 6 Aprll 2024 to 30 sePte￿bEr 21125
14.
MOVEMENT IN FUNDS. ¢fjntillued
N¢t movcment in fund4 I￿1￿led in the aknve are &5 follows:
Incoming
Movement
Én funds
expended
unrestr￿Cted funds
General fI￿d
SJ)3J26
(431.847)
471,479
TOTAL FUNDS
I￿3)26
431.847)
471.479
Comp*r8tiv¢s for wffvvemtyt in flln
Net
movement
in funds
At
5.4.24
At 6.4.23
Unrestrieted fund$
Gerteral fund
2.624.401
333,787
2,958,188
Re5tri¢tÉd funds
152
152
TOTAL FUNDS
2.624J53
333.787
2.958,340
Comparative nrt movement in fimds, included in the aknve are &$ follows:
Incoming
resources
R¢sour¢¢s
expended
Movemeni
in fi]nds
Unrestri¢t¢d funds
Gen¢￿ fund
651.682
{317,8951
333,787
TOTAL FUNDS
651,682
317,895)
333.787
Pa8e 19
¢ontinwd...

SAtriT MARY AND ARCHANGEL MICHAEL coyrtc
ORTHODOX CHURCH
Notes to tb¢ Financial St#tements- continwed
for the Period 6 April 2024 to JO Sep1¢m￿r 21125
Is.
RELATED PARTY DISCLOSURF
There were TBIat￿ party tranwtiQnS rtquiring aisciosure during the period ¢nded 30 September 2025.
At the balance sheet dai¢, gn amount of £9,(th was outstsnding ￿ a trustec in resp¢¢t of a loan and is included
within Other Loans (see Note I l).
During the period, the tnjstees made IkTrnations to th¢ charity lo￿ling £23,917.
16.
POST BALANCE SHEET EVEKts
Following th¢ balance shed dale. the recon5tructi¢m of th¢ church hall building w&s completed and th¢ f*ility is
now being us¢d for its iDtended rharitsble PLLrtx)ses. This repr¢sMts a no1￿#djUst11￿ event after the retK)rting period
alld h&% rtot resulted in any adiustmeDt to these financial statements.
Pa8e 20

SAINT MARY AND ARCHANGEL MICHAEL COYllC
ORTHODOX CHURCH
Deiailed Stat¢m¢nt of Financial Aetivilies
for th¢ Period 6 April 21124 10 30 September 2025
Period
6.4.24
lo
30.925
Year Ended
5.4.24
INCOME AND ENDOWMENrs
Don*tion$ leg%cies
Planned giving and collectiotL5
Gift aid
846.896
491,088
142 904
891.896
633.992
Other tr4ding gctivities
Shop income
11.430
17,460
Other incom
S¢Ewing of minilm
230
Total incoming re50urtes
903.326
651.682
EXPENDITURE
ChAritAble a£ttvitie8
Staff wages
Staff pension contributions
London Diocese Expenses
Social Serviccs Expenses
Direct scrvicc costs
Church departm¢nts ministr
Church Canteen & bLK)kshop
Rates and water
Light and H¢at
Rep8ir5, maintenance and decor
Insurance
Ir and Corhth)uni¢ations
Bank charg¢5
Depr¢ci*ton
mi￿e[lane0us Exp¢trk8es
15 1,497
69.322
37,500
14,400
17.097
47,257
22,026
4.399
7.098
1,284
16.091
1,318
928
30.230
96.7(￿1
42.458
61.204
9,600
9.256
34,564
16,365
1.029
1,767
8,232
880
649
20,151
240
420.447
306,495
Sup￿rI rwts
Gov¢rn¥Dee eosts
Audit fe¢
11,400
11,400
This page not forn part ofthe ststutory fjnancial statements
Pa8e21

SAINT NIARY AND ARCHANGEL MICHAEL COPTIC
ORTHODOX CHURCH
Detailed Statement of Financial Aetivities
for the Period 6 Aprl12024 to 30 September 2025
Period
6.4.24
Y¢arEnd
5.4.24
30.925
Totsl resources exp¢nded
317895
Net income
471479
333 787
This page not fonn wt of the statutory financial strtements
Page 22