## **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **ST GEORGE EPISCOPAL CONGREGATION** ## **CHARITY REGISTRATION NUMBER: 1167052** Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD 1 ## **ST GEORGE EPISCOPAL CONGREGATION** |**INDEX**
**Index**
**Legal & Administrative**
**Trustee’s Report**
**Independent Examiner’s Report**
**Receipts and Payments Account**
**Statement of Assets and Liabilities**
**Notes on the Financial Statements**|**Page**
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**3**
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**10**| |---|---| 2 ## **ST GEORGE EPISCOPAL CONGREGATION** ## **LEGAL AND ADMINSTRATIVE INFORMATION** **CHARITY NUMBER 1167052 END OF FINANCIAL YEAR 31 MARCH 2024** **TRUSTEES AT 31 DECEMBER** **MR BABU VARUGHESE REV JOMON K PUNNOOSE MR NELSON DANIEL MR RAJAN VASUDEVAN ANU JACOB** **GOVERNING DOCUMENT CHARITABLE INCORPORATED ORGANISATION** **REGISTERED ADDRESS 17 WADHAM ROAD GORLESTON GREAT YARMOUTH NR31 7NR** **PRIMARY BANKERS HSBC PLC** **INDEPENDENT EXAMINERS GIFT AID SERVICES LTD 63 WANSFORD ROAD WOODFORD GREEN ESSEX IG8 7AD** 3 ## **ST GEORGE EPISCOPAL CONGREGATION** ## **TRUSTEES REPORT FOR YEAR ENDED 31 MARCH 2024** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing Document** ST GEORGE EPISCOPAL CONGREGATION is charity created by Charitable Incorporated Organisation and is a registered charity with the Charity Commission. ## **The objectives are** To advance the Christian Religion in accordance with the faith and rites of the Syrian Orthodox Lineage in the United Kingdom and the World for the benefit of the public through the holding of prayer meetings, worship services, lectures, public celebration of religious festivals producing and/or distributing literature on the Christian Religion to enlighten others about the Christian Religion. The following is an account of the activities, events and general progress of ST GEORGE EPISCOPAL CONGREGATION. The Ministry continues to establish and develop which is, at present is its primary activity. ## **GENERAL INFORMATION** The Charity continues to meet in Norfolk. ## **SUPPORT TO OTHER CHARITABLE ORGANISATIONS** ST GEORGE EPISCOPAL CONGREGATION is committed to supporting agencies and projects which carry out valuable and essential services by way of donations to charities suggested by the membership. ## **TRUSTEE MEETING** The trustees held meetings during which the progress of the Congregation was discussed and plans to increase the church numbers of activities in the Community was also discussed. ## **CONCLUSION** The commitment of the members to the vision of ST GEORGE EPISCOPAL CONGREGATION has allowed us to maintain a vibrant and healthy environment for spiritual and natural growth. We are proud of this growth and we thank God for it. 4 ## **ST GEORGE EPISCOPAL CONGREGATION** ## Conclusion The members of ST GEORGE EPISCOPAL CONGREGATION are committed to the vision of the Church. The commitment and dedication of the members has created such enabling environment in community, and therefore given us more opportunities to socialize for better growth. ## Financial Review and Reserves Policy The income of the charity for the year ended 31 March 2024 was **£28,278** by way of Donations. The cost of charitable activities was **£15,969** . This was spent directly and indirectly to support the charities activities. At the end of the year there was a favorable net movement of funds amounting to **£12,309.** At the end of the year, 31 March 2024 , there was an unrestricted fund balance amounted to **£33,471** . The charity’s policy is to retain reserves, in the form of unrestricted funds, to a level where they equate in value approximately 12 months expenditure. This should provide a reasonably secure financial base on which to plan future projects and commit to related expenditure, before external funding has been fully secured. The charity is reviewing its reserves policy so that the charity would be able to continue its current level of activities in the event of a significant drop in funding. 5 ## **ST GEORGE EPISCOPAL CONGREGATION** ## **Charity Examiners** It was agreed to appoint Olivia Gerrar as the Independent Examiner. Approved: By the Trustees…………………………... Dated ………………………… ## **STATEMENT OF TRUSTEES RESPONSIBLITIES** Under the Charities Act 1993, the trustees are required to prepare a statement of accounts for the accounting year which gives a true and fair view of the state of the church. They are required to 1. select suitable accounting policies and apply them consistently. 2. make judgments and estimates that are reasonable and prudent. 3. state whether the applicable accounting standards have been followed. 4. prepare financial statements on an ongoing basis They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the charity at any time and to ensure that such accounts comply with the charities Act 1993. They also have a responsibility to safeguard the assets of the church and take reasonable steps to detect fraud or other irregularities. Approved by the Trustees on …………………………… 20 January 2025 and Signed on their behalf by:………………………………………………, Trustee. 6 ## **ST GEORGE EPISCOPAL CONGREGATION** ## **INDEPENDENT EXAMINER REPORT TO THE TRUSTEES OF ST GEORGE EPISCOPAL CONGREGATION** I report on the accounts of the Charity for the year ended 31 March 2024, which are set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages. Respective responsibilities of trustees and examiner The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 43(2) of the Charities Act 1993 (the 1993 Act)), does not apply. It is my responsibility to: Examine the accounts under section 43(3) of the 1993 Act. Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act, and State whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINERS REPORT** My examination was carried out in accordance with the General Direction given by the Charity Commissioner’s. An examination included a review of the accounting records kept. It also includes consideration of any unusual items of disclosures in the accounts. And seeking examinations from you as trustees concerning any matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and as a result I do not express an audit opinion on the view given by the accounts. ## **Independent Examiner’s Statement** In accordance with my examination, no matter has come to my attention: 1. which gives me a reasonable cause to believe that in any material respect the requirements: - to keep accounting record in accordance with section 41 of the 1993 Act and - to prepare which accord with the accounting records and to comply with the accounting requirements of the 1993 Act. - Have not been met 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD 7 ## **ST GEORGE EPISCOPAL CONGREGATION** ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Receipts & Payments Account (General Purpose Fund) |**Income Receipts**|**£**| |---|---| |Tithes & Offering|28,280| |Fundraising|-| |**Total Receipts**
|**28,280**| |**Direct Charitable Expenditure**|**£**| |Rent & Hall Hire|2,214| |Church Mass|4,360| |Support Cost
|9,000| |Insurance|255| |Bank Charges|140| |**Total Payments**|**15,696**| |Net Receipts/Payments for the year|12,309| |Cash Funds brought forward|21,162| |**Cash Funds at the end of the yea**r|**33,471**| 8 ## **ST GEORGE EPISCOPAL CONGREGATION** 2. Statements of Assets and Liabilities at 31 March 2024 **Cash Funds Unrestricted Funds 2024** £ Bank 33,471 **Total Cash Funds 33,471** **Assets Retained for the Charity’s Own Use** Equipment **Liabilities** Accounting fee 240 Approved by the Trustees and signed on their behalf 9 ## **ST GEORGE EPISCOPAL CONGREGATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **ACCOUNTING POLICIES** ## **Basis of Accounting** These accounts have been prepared on the receipts and payment basis under section 42(3) of the Charities Act 1993. ## **Funds** Unrestricted funds are those which can be used at the Trustee’s discretion. Restricted Funds are those whose purposes have been restricted by the donor. ## **Employees** The charity had no employees during the financial year. All work was undertaken by volunteers. ## **Public Benefit** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purpose or aims that are for the public benefit. Details of how this is achieved is provided in the trustee’s report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 10