```
REGISTERED CHARITY NUMBER: 1145435
```
```
Report of the Trustees and
Financial Statements for the Year Ended 5 April 2021
for
ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY
```
```
Botros & Co
Chartered Accountants
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
```
```
ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY
```
## **`Contents of the Financial Statements for the Year Ended 5 April 2021`**
||`Page`|
|---|---|
|`Report of the Trustees`|`1 to 2`|
|`Report of the Independent Auditors`|`3 to 4`|
|`Statement of Financial Activities`|`5`|
|`Balance Sheet`|`6`|
|`Notes to the Financial Statements`|`7 to 10`|
|`Detailed Statement of Financial Activities`|`11`|
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Report of the Trustees for the Year Ended 5 April 2021`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended5April2021.Thetrusteeshaveadoptedtheprovisionsof the
Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
1145435 (England and Wales)
```
```
Registered Charity number
1145435
```
## **`Registered office`**
```
40 Kingston Drive
Whitley Bay
Tyne & Wear
NE26 1JJ
```
## **`Trustees`**
```
H G Bishop Antony Chairman
Dr S S S Asaad Secretary
Rev. A N Fr. Awadallah
Dr Z Boulis
Fr Engelos El Antony Treasurer
Dr M S Massoud
```
## **`Company Secretary`**
```
Dr S S S Asaad
```
## **`Auditors`**
```
Botros & Co
Chartered Accountants
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
```
## **`Bankers`**
```
Lloyds Bank plc
69 Bedford Street
North Shields
Tyne and Wear
NE29 0AU
```
## **`Committee`**
```
H G Bishop Antony NA Chairman
Dr Seif S S Asaad MB BCH FRCS Secretary
Rev Fr Antonius N Awadallah NA
Dr Boulis MB BS MRCS LRCP FRCS DMRD FRCR
FR. Engelos NA Treasurer
Dr Mamdouh S Massoud MB BS Secretary
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
```
## **`Risk management`**
```
Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
```
```
Page 1
```
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Report of the Trustees`**
## **`for the Year Ended 5 April 2021`**
## **`STATEMENT OF TRUSTEES RESPONSIBILITIES`**
```
Thetrustees(whoarealsothedirectorsofSt.AthanasiousCopticOrthodoxMonasteryforthepurposesofcompany law)
areresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordancewithapplicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
```
```
Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueandfair view
ofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationofresources,including the
incomeandexpenditure,ofthecharitablecompanyforthatperiod.Inpreparingthosefinancialstatements,the trustees
are required to
```
- `select suitable accounting policies and then apply them consistently;`
- `observe the methods and principles in the Charity SORP;`
- `make judgements and estimates that are reasonable and prudent;`
- `prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.`
```
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyatany time
thefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthefinancialstatementscomply with
theCompaniesAct2006.Theyarealsoresponsibleforsafeguardingtheassetsofthecharitablecompanyandhence for
taking reasonable steps for the prevention and detection of fraud and other irregularities.
```
```
In so far as the trustees are aware:
```
- `there is no relevant audit information of which the charitable company's auditors are unaware; and`
- `the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.`
## **`AUDITORS`**
```
The auditors, Botros & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.
```
```
Approved by order of the board of trustees on 10 September 2021 and signed on its behalf by:
```
```
Dr S S S Asaad - Trustee
```
```
Page 2
```
```
Report of the Independent Auditors to the Trustees of
St.Athanasious Coptic Orthodox Monastery
```
## **`Opinion`**
```
WehaveauditedthefinancialstatementsofSt.AthanasiousCopticOrthodoxMonastery(the'charitablecompany')for the
yearended5April2021whichcomprisetheStatementofFinancialActivities,theBalanceSheetandnotestothe financial
statements,includingasummaryofsignificantaccountingpolicies.Thefinancialreportingframeworkthathas been
appliedintheirpreparationisapplicablelawandUnitedKingdomAccountingStandards(UnitedKingdom Generally
Accepted Accounting Practice).
```
- `In our opinion the financial statements:`
- `give a true and fair view of the state of the charitable company's affairs as at 5 April 2021 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;`
- `have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities; and`
- `have been prepared in accordance with the requirements of the Companies Act 2006.`
## **`Basis for opinion`**
```
WeconductedourauditinaccordancewithInternationalStandardsonAuditing(UK)(ISAs(UK))andapplicablelaw. Our
responsibilitiesunderthosestandardsarefurtherdescribedintheAuditorsresponsibilitiesfortheauditofthe financial
statementssectionofourreport.Weareindependentofthecharitablecompanyinaccordancewiththe ethical
requirementsthatarerelevanttoourauditofthefinancialstatementsintheUK,includingtheFRC'sEthical Standard,
andwehavefulfilledourotherethicalresponsibilitiesinaccordancewiththeserequirements.Webelievethatthe audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
```
## **`Conclusions relating to going concern`**
```
WehavenothingtoreportinrespectofthefollowingmattersinrelationtowhichtheISAs(UK)requireustoreport to
you where:
```
- `the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or`
- `the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.`
## **`Other information`**
```
Thetrusteesareresponsiblefortheotherinformation.Theotherinformationcomprisestheinformationincludedin the
annual report, other than the financial statements and our Report of the Independent Auditors thereon.
```
```
Ouropiniononthefinancialstatementsdoesnotcovertheotherinformationand,excepttotheextent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.
```
```
Inconnectionwithourauditofthefinancialstatements,ourresponsibilityistoreadtheotherinformationand,in doing
so,considerwhethertheotherinformationismateriallyinconsistentwiththefinancialstatementsorour knowledge
obtainedintheauditorotherwiseappearstobemateriallymisstated.Ifweidentifysuchmaterialinconsistencies or
apparentmaterialmisstatements,wearerequiredtodeterminewhetherthereisamaterialmisstatementinthe financial
statementsoramaterialmisstatementoftheotherinformation.If,basedontheworkwehaveperformed,we conclude
thatthereisamaterialmisstatementofthisotherinformation,wearerequiredtoreportthatfact.Wehavenothing to
report in this regard.
```
## **`Matters on which we are required to report by exception`**
```
WehavenothingtoreportinrespectofthefollowingmatterswheretheCharitiesAct2011requiresustoreporttoyou if,
in our opinion:
```
- `the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements ; or`
- `the charitable company has not kept adequate accounting records; or`
- `the financial statements are not in agreement with the accounting records and returns; or`
- `we have not received all the information and explanations we require for our audit.`
## **`Responsibilities of trustees`**
```
AsexplainedmorefullyintheStatementofTrusteesResponsibilities,thetrustees(whoarealsothedirectorsof the
charitablecompanyforthepurposesofcompanylaw)areresponsibleforthepreparationofthefinancialstatements and
forbeingsatisfiedthattheygiveatrueandfairview,andforsuchinternalcontrolasthetrusteesdetermineis necessary
to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
```
```
Page 3
```
```
Report of the Independent Auditors to the Trustees of
ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY
```
## **`Responsibilities of trustees`**
```
Inpreparingthefinancialstatements,thetrusteesareresponsibleforassessingthecharitablecompany'sability to
continueasagoingconcern,disclosing,asapplicable,mattersrelatedtogoingconcernandusingthegoing concern
basisofaccountingunlessthetrusteeseitherintendtoliquidatethecharitablecompanyortoceaseoperations,or have
no realistic alternative but to do so.
```
## **`Our responsibilities for the audit of the financial statements`**
```
Ourobjectivesaretoobtainreasonableassuranceaboutwhetherthefinancialstatementsasawholearefree from
materialmisstatement,whetherduetofraudorerror,andtoissueaReportoftheIndependentAuditorsthat includes
ouropinion.Reasonableassuranceisahighlevelofassurance,butisnotaguaranteethatanauditconducted in
accordancewithISAs(UK)willalwaysdetectamaterialmisstatementwhenitexists.Misstatementscanarisefrom fraud
orerrorandareconsideredmaterialif,individuallyorintheaggregate,theycouldreasonablybeexpectedto influence
the economic decisions of users taken on the basis of these financial statements.
```
```
AfurtherdescriptionofourresponsibilitiesfortheauditofthefinancialstatementsislocatedontheFinancial Reporting
Council'swebsiteatwww.frc.org.uk/auditorsresponsibilities.ThisdescriptionformspartofourReportof the
Independent Auditors.
```
## **`Use of our report`**
```
Thisreportismadesolelytothecharitablecompany'strustees,asabody,inaccordancewithSection144ofthe Charities
Act2011andregulationsmadeunderSection154ofthatAct.Ourauditworkhasbeenundertakensothatwe might
statetothecharitablecompany'strusteesthosematterswearerequiredtostatetotheminanauditors'reportand for
nootherpurpose.Tothefullestextentpermittedbylaw,wedonotacceptorassumeresponsibilitytoanyoneother than
thecharitablecompanyandthecharitablecompany'strusteesasabody,forourauditwork,forthisreport,orfor the
opinions we have formed.
```
```
Botros & Co
Chartered Accountants
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006
4 Northwest Business Park
Servia Hill
Leeds
West Yorkshire
LS6 2QH
```
```
10 September 2021
```
```
Page 4
```
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Statement of Financial Activities for the Year Ended 5 April 2021`**
|**`5.4.21`**
**`Unrestricted`**
**`fund`**
`Notes`
**`£`**
**`INCOMING RESOURCES`**
**`Incoming resources from generated funds`**
`Voluntary income`
`2`
**`480,531`**
**`RESOURCES EXPENDED`**
**`Costs of generating funds`**
`Costs of generating voluntary income`
`3`
**`62,574`**
`Investment management costs`
`4`
**`165,198`**
**`Other resources expended`**
**`719`**
**`Total resources expended`**
**`228,491`**
**`NET INCOMING RESOURCES`**
**`252,040`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`3,494,360`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`3,746,400`**|`5.4.20`|
|---|---|
||`Total`
`funds`|
||`£`|
|||
|||
||`921,695`|
|||
|||
|||
||`33,837`|
||`138,146`|
||`958`|
|||
|||
||`172,941`|
|||
|||
|||
||`748,754`|
|||
|||
|||
||`2,745,606`|
|||
|||
|||
||`3,494,360`|
|||
```
The notes form part of these financial statements
```
```
Page 5
```
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Balance Sheet At 5 April 2021`**
|**`5.4.21`**
**`Unrestricted`**
**`fund`**
`Notes`
**`£`**
**`FIXED ASSETS`**
`Tangible assets`
`7`
**`1,294,778`**
**`CURRENT ASSETS`**
`Debtors`
`8`
**`946,815`**
`Cash at bank`
**`1,504,807`**
**`2,451,622`**
**`NET CURRENT ASSETS`**
**`2,451,622`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`3,746,400`**
**`NET ASSETS`**
**`3,746,400`**
**`FUNDS`**
`9`
`Unrestricted funds`
**`3,746,400`**
**`TOTAL FUNDS`**
**`3,746,400`**|`5.4.20`|
|---|---|
||`Total`
`funds`|
||`£`|
|||
||`1,137,003`|
|||
|||
||`983,815`|
||`1,373,542`|
|||
|||
||`2,357,357`|
|||
|||
|||
||`2,357,357`|
|||
|||
|||
||`3,494,360`|
|||
|||
|||
||`3,494,360`|
|||
|||
|||
||`3,494,360`|
|||
|||
||`3,494,360`|
|||
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 5 April 2021.
```
```
Themembershavenotdepositednotice,pursuanttoSection476oftheCompaniesAct2006requiringanauditof these
financial statements.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
ThesefinancialstatementshavebeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act
2006relatingtocharitablesmallcompaniesandwiththeFinancialReportingStandardforSmallerEntities (effective
January 2015).
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteeson10September2021andweresignedonits behalf
by:
```
```
Dr S S S Asaad -Trustee
```
```
The notes form part of these financial statements
```
```
Page 6
```
```
ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY
```
## **`Notes to the Financial Statements for the Year Ended 5 April 2021`**
## **`1. ACCOUNTING POLICIES`**
## **`Accounting convention`**
```
Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention,andinaccordancewith the
FinancialReportingStandardforSmallerEntities(effectiveApril2008),theCompaniesAct2006and the
requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
```
## **`Incoming resources`**
```
AllincomingresourcesareincludedontheStatementofFinancialActivitieswhenthecharityislegallyentitled to
the income and the amount can be quantified with reasonable accuracy.
```
## **`Resources expended`**
```
Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingstheyhavebeen allocated
to activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
```
```
Plant and machinery etc- 25% on reducing balance
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
## **`2. VOLUNTARY INCOME`**
|**`5.4.21`**
**`£`**
`Donations`
**`439,485`**
`Gift aid recovery`
**`41,046`**
**`480,531`**
**`COSTS OF GENERATING VOLUNTARY INCOME`**
**`5.4.21`**
**`£`**
`Annex facility costs`
**`13,426`**
`Monastery repairs & renewals`
**`49,148`**
**`62,574`**|`5.4.20`|`5.4.20`|
|---|---|---|
||`£`||
||`888,802`||
||`32,893`||
||||
||||
||`921,695`||
||||
||||
|||`5.4.20`|
|||`£`|
|||`13,394`|
|||`20,443`|
||||
||||
|||`33,837`|
||||
## **`3. COSTS OF GENERATING VOLUNTARY INCOME`**
```
Page 7
```
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 5 April 2021`**
## **`4. INVESTMENT MANAGEMENT COSTS`**
## **`5.`**
|**`5.4.21`**
**`£`**
`Donation payable`
**`98,000`**
`House council & water charges`
**`7,750`**
`Telephone`
**`1,235`**
`Clergy living expenses`
**`22,884`**
`House light & heat`
**`18,793`**
`Premises insurance`
**`5,520`**
`Motor & travelling expenses`
**`6,133`**
`Stationery & postage`
**`289`**
`Legal & Professional`
**`4,579`**
`Bank charges`
**`15`**
**`165,198`**
**`NET INCOMING/(OUTGOING) RESOURCES`**
`Net resources are stated after charging/(crediting):`
**`5.4.21`**
**`£`**
`Depreciation - owned assets`
**`719`**|`5.4.20`|`5.4.20`|
|---|---|---|
||`£`||
||`58,187`||
||`4,914`||
||`1,330`||
||`11,403`||
||`37,069`||
||`6,598`||
||`13,010`||
||`164`||
||`5,437`||
||`34`||
||||
||||
||`138,146`||
||||
||||
|||`5.4.20`|
|||`£`|
|||`958`|
||||
## **`6. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended5April2021norfortheyear ended
5 April 2020.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020 .
```
## **`7. TANGIBLE FIXED ASSETS`**
|**`COST`**
`At 6 April 2020`
`Additions`
`At 5 April 2021`
**`DEPRECIATION`**
`At 6 April 2020`
`Charge for year`
`At 5 April 2021`
**`NET BOOK VALUE`**
`At 5 April 2021`
`At 5 April 2020`|**`FreeholdImprovements`**
**`Plant and`**
**`property`**
**`to property`**
**`machinery`**
**`£`**
**`£`**
**`£`**
**`470,269`**
**`663,859`**
**`10,746`**
**`158,494`**
**`-`**
**`-`**
**`628,763`**
**`663,859`**
**`10,746`**
**`-`**
**`-`**
**`7,871`**
**`-`**
**`-`**
**`719`**
**`-`**
**`-`**
**`8,590`**
**`628,763`**
**`663,859`**
**`2,156`**
`470,269`
`663,859`
`2,875`|**`Totals`**
**`£`**
**`1,144,874`**
**`158,494`**|
|---|---|---|
|||**`1,303,368`**|
|||**`7,871`**
**`719`**|
|||**`8,590`**|
|||**`1,294,778`**|
||||
|||`1,137,003`|
||||
```
Page 8
```
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 5 April 2021`**
## **`8. DEBTORS`**
|**`5.4.21`**
**`£`**
`Amounts falling due within one year:`
`Other debtors`
**`80,000`**
`Amounts falling due after more than one year:`
`Other debtors`
**`866,815`**
`Aggregate amounts`
**`946,815`**|`5.4.20`|
|---|---|
||`£`|
|||
||`150,000`|
|||
|||
||`833,815`|
|||
|||
||`983,815`|
|||
## **`9. MOVEMENT IN FUNDS`**
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted Funds`**
`General fund`
**`TOTAL FUNDS`**|**`Net`**
**`movement in`**
**`At 6.4.20`**
**`funds`**
**`At 5.4.21`**
**`£`**
**`£`**
**`£`**
**`3,494,360`**
**`252,040`**
**`3,746,400`**
**`3,494,360`**
**`252,040`**
**`3,746,400`**
**`Incoming`**
**`Resources`**
**`Movement in`**
**`resources`**
**`expended`**
**`funds`**
**`£`**
**`£`**
**`£`**
**`480,531`**
**`(228,491)`**
**`252,040`**
**`480,531`**
**`(228,491)`**
**`252,040`**
**`Net`**
**`movement in`**
**`At 6.4.19`**
**`funds`**
**`At 5.4.20`**
**`£`**
**`£`**
**`£`**
**`2,745,606`**
**`748,754`**
**`3,494,360`**
**`2,745,606`**
**`748,754`**
**`3,494,360`**|**`Net`**
**`movement in`**
**`At 6.4.20`**
**`funds`**
**`At 5.4.21`**
**`£`**
**`£`**
**`£`**
**`3,494,360`**
**`252,040`**
**`3,746,400`**
**`3,494,360`**
**`252,040`**
**`3,746,400`**
**`Incoming`**
**`Resources`**
**`Movement in`**
**`resources`**
**`expended`**
**`funds`**
**`£`**
**`£`**
**`£`**
**`480,531`**
**`(228,491)`**
**`252,040`**
**`480,531`**
**`(228,491)`**
**`252,040`**
**`Net`**
**`movement in`**
**`At 6.4.19`**
**`funds`**
**`At 5.4.20`**
**`£`**
**`£`**
**`£`**
**`2,745,606`**
**`748,754`**
**`3,494,360`**
**`2,745,606`**
**`748,754`**
**`3,494,360`**|**`At 5.4.21`**
**`£`**
**`3,746,400`**|
|---|---|---|---|
||||**`3,746,400`**|
|||**`3,494,360`**||
|||||
|||||
|||||
|||**`3,494,360`**||
|||||
```
Page 9
```
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 5 April 2021`**
## **`9. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
||**`Incoming`**|**`Resources`**|`Movement in`|
|---|---|---|---|
||**`resources`**|**`expended`**|`funds`|
||**`£`**|**`£`**|`£`|
|**`Unrestricted funds`**||||
|`General fund`|**`921,695`**|**`(172,941)`**|**`748,754`**|
|**`TOTAL FUNDS`**|**`921,695`**|**`(172,941)`**|**`748,754`**|
|||||
|||||
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|||**`Net`**||
|---|---|---|---|
|||**`movement in`**||
||**`At 6.4.19`**|**`funds`**|**`At 5.4.21`**|
||**`£`**|**`£`**|**`£`**|
|**`Unrestricted funds`**||||
|`General fund`|**`2,745,606`**|**`1,000,794`**|**`3,746,400`**|
|**`TOTAL FUNDS`**|**`2,745,606`**|**`1,000,794`**|**`3,746,400`**|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|**`Incoming`**
**`Resources`**
**`Movement in`**
**`resources`**
**`expended`**
**`funds`**
**`£`**
**`£`**
**`£`**
**`1,402,226`**
**`(401,432)`**
**`1,000,794`**
**`1,402,226`**
**`(401,432)`**
**`1,000,794`**|**`Incoming`**
**`Resources`**
**`Movement in`**
**`resources`**
**`expended`**
**`funds`**
**`£`**
**`£`**
**`£`**
**`1,402,226`**
**`(401,432)`**
**`1,000,794`**
**`1,402,226`**
**`(401,432)`**
**`1,000,794`**|
|---|---|---|
|||**`1,000,794`**|
```
Page 10
```
## **`ST.ATHANASIOUS COPTIC ORTHODOX MONASTERY`**
## **`Detailed Statement of Financial Activities`**
## **`for the Year Ended 5 April 2021`**
|**`5.4.21`**
**`£`**
**`INCOMING RESOURCES`**
**`Voluntary income`**
`Donations`
**`439,485`**
`Gift aid recovery`
**`41,046`**
**`480,531`**
**`Total incoming resources`**
**`480,531`**
**`RESOURCES EXPENDED`**
**`Costs of generating voluntary income`**
`Annex facility costs`
**`13,426`**
`Monastery repairs & renewals`
**`49,148`**
**`62,574`**
**`Investment management costs`**
`Donation payable`
**`98,000`**
`House council & water charges`
**`7,750`**
`Telephone`
**`1,235`**
`Clergy living expenses`
**`22,884`**
`House light & heat`
**`18,793`**
`Premises insurance`
**`5,520`**
`Motor & travelling expenses`
**`6,133`**
`Stationery & postage`
**`289`**
`Legal & Professional`
**`4,579`**
`Bank charges`
**`15`**
**`165,198`**
**`Other resources expended`**
`Plant and machinery`
**`719`**
**`Total resources expended`**
**`228,491`**
**`Net income`**
**`252,040`**|`5.4.20`|
|---|---|
||`£`|
|||
||`888,802`|
||`32,893`|
|||
|||
||`921,695`|
|||
|||
||`921,695`|
|||
||`13,394`|
||`20,443`|
|||
|||
||`33,837`|
|||
||`58,187`|
||`4,914`|
||`1,330`|
||`11,403`|
||`37,069`|
||`6,598`|
||`13,010`|
||`164`|
||`5,437`|
||`34`|
|||
|||
||`138,146`|
|||
||`958`|
|||
|||
||`172,941`|
|||
|||
|||
||`748,754`|
|||
```
This page does not form part of the statutory financial statements
```
```
Page 11
```