## **ST. MARINA COPTIC ORTHODOX CHURCH BRISTOL** **TRUSTEES’ REPORT AND FINANCIAL STATEMENTS** **YEAR ENDED 31[st] MARCH 2022** ## **ST. MARINA COPTIC ORTHODOX CHURCH BRISTOL** NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31st March 2022 ## **CONTENTS** ||**PAGE**| |---|---| |CONTENTS|1| |CHARITY INFORMATION|2| |TRUSTEES REPORT|3| |STATEMENT OF FINANCIAL ACTIVITIES|4| |BALANCE SHEET|5| |EXPENDITURE|6| |NOTES|7| S T M A R I N A P a g e 1 ## **ST. MARINA COPTIC ORTHODOX CHURCH Bristol** ## Charity Information For the Year Ended 31[st] March 2022 **TRUSTEES** {1} His Grace Bishop Antony {2} Dr Zoser Boulis {3} Mr David Bebawy {4} Dr Ibrahim Barsoum {5} Mr Mark Galtta {6} Dr Boules Wadie Morcous {7} Mr Tamer Guirgis {8} Mr Mina Louka **SECRETARY** Dr.Zoser Boulis **TREASURER** Mr.David Bebway **CHARITY NUMBER** 1149736 **Date of Registration** 13 November 2012 **BANKERS** LIoyds Bank 257 Whitley Road Whitley Bay Tyne & Wear NE26 2SY S T M A R I N A P a g e 2 ## **ST. MARINA COPTIC ORTHODOX CHURCH Bristol** ## **TRUSTEES REPORT FOR THE PERIOD ENDED 31[st] March 2022** The trustees present their report and accounts for the period ended 31st March 2022 ## **Trustees** The trustees named on page 2 have served throughout the period Appointment of Trustees is governed by the Trust Deed of the charity The Board of Trustees is Authorized to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. ## **Investment Powers** The Trust Deed authorizes the trustees to make and hold investments using the general funds of the charity ## **Constitution, Objects and Policies** Trust Deed constitutes the Charitable Trust, and its objects are to provide worship for believers of the Coptic Orthodox Faith. The policy of the Charitable Trust continues to be the provision of additional finance in order that its objects stated above might be further achieved. ## **Development, Activities and Achievements** The trustees consider that the performance of the charity this period has been most satisfactory the trust would not be able to provide such a wide service to our beneficiaries without the continued support of a large number of willing members. ## **Financial Review** The financial position of the charity is considered most satisfactory this year. ## **Future Plans** The church has managed to do a major repair in the church including the roof and installing a new Heating system to the church and to the hall, security alarm, new fence with the difficult time with covid-19. ## **Statement of Trustees Responsibilities** The trustees are required under the constitution of the charity to prepare financial Statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its results for that period. In preparing those financial statements: - the trustees are required to: - (a) Select suitable accounting policies and apply them consistently. - (b) Make judgments and estimated that are reasonable and prudent. - (c) Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business. The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Approval** The trustees approved this report on 01/06/2022 and signed on their behalf, Dr. Zoser Boulis Trustee S T M A R I N A P a g e 3 ## **ST. MARINA COPTIC ORTHODOX CHURCH Bristol** ## **Statement of Financial Activities for the period Ended 31st March 2022** |Note.
**INCOMING RESOURCES**
Membership contribution
Collection & Church Boxes
Sales/Donation
Fund Raising Events
Gift Aid Recovered
Utility Refund
Investment Income (Interest Received)
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Charitable expenditure**
Management and administration of the
charity
1
**Total Resources Used**
Net Movement in Funds for the period
Balance Brought Forward at 1 April 2021
**Total Funds C/F at 31 March 2022**|Unrestricted
Restricted Total
Funds
Funds
Funds
2022
2022
2021
£
£
30,680
0
29,106
217
0
4
59,707
0
45,381
0
0
0
10,998
0
11,431
2,014
0
0
0
0
0| |---|---| ||**103,615**
**0**
**85,923**| ||85,319
0
95,841
**85,319**
0
**95,841**| ||**18,296**
0
**9,918**| ||253,963
0 263,881
**272,260**
0**253,963**| S T M A R I N A P a g e 4 ## **ST. MARINA COPTIC ORTHODOX CHURCH Bristol** |**BALANCE SHEET AS AT 31ST March 2022**|||| |---|---|---|---| ||Note|2022|2021| |**Fixed Assets**||£|£| |Tangible Assets||0|0| |Free hold Property|2|160,000|160,000| |**CURRENT ASSETS**|||| |Cash at Banks and in Hand||112,260|93,963| |**Net Assets**||**272,260**|**253,963**| |**Funds**|||| |Unrestricted Funds||272,260|253,963| |**Total Funds**||**272,260**|**253,963**| |This financial statements were approved and authorised for issue on............................|||| |and signed on behalf of the Trustees by|||| |......................|||| |Trustee|||| P a g e 5 S T M A R I N A ## **ST. MARINA COPTIC ORTHODOX CHURCH Bristol** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31ST MARCH 2022** ## **1. Charitable Expenditure** |**Management & Administration of Charity**
**Priest Accommodation, Salaries &**
**Expenses**
Electricity, Water & Council Tax
Telephone & Tv Licence
Clergy Living expense
Travel Expenses
Motor Exp
Car Insurance
**Church Expenses**
Utility Bills
Premises Insurance
Charitable Activities
Repairs & Renewal
Labour
Other Expense
Legal & Professional Fees
**Administration Costs**
Bank Charge
**Net Movement in Funds**|2022
£
3253
159
8,700
744
381
660|13,898
71,421
0|2021
£
3,117
157
7200
574
150
628|11,826
84,000
0| |---|---|---|---|---| ||4,317
2,244
3,000
58,473
1,858
209
1320||8,498
2182
7,995
49,246
15,416
664
0|| ||0||0|| |||||| |||85,319||95,826| S T M A R I N A P a g e 6 ## **ST. MARINA COPTIC ORTHODOX CHURCH Bristol** ## **Year ended 31[st] March 2022** ## **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. - {1} Dr Zoser Boulis Secretary {2} Mr David Bebawy Treasurer - {3} Dr Ibrahim Barsoum - {4} Mr Mark Galtta - {5} Dr Boules Wadie Morcous - {6} Mr Tamer Guirgis - {7} Mr Mina Louka Mahir Tawfig FMAAT S T M A R I N A P a g e 7