Registered Charity Number.. 1169493 Debre-Brhan Kidist Selassie Report and Accounts For the year ended 31 December 2024
Debr&Brhan Kldist Sela88le Annual Report and Accounts Year ended 31 Decembor 2024 Index Page Legal and administr81ive infomialw)n Trustees, report Accountsnts, report Statem8nt of finandal activllies Ba1Cl 8he81 7t011 Notes to the flnanci81 statements
Debre.Brhan Kidist Sgla$sio Legal and admlnl8lratlve inf¢Jrniatk>n Year ended 31 December 2024 Charity Nunknr 1169493 Truste88 Rev B8reket Tasfazghi GhetrKe Berhane Tefferi G6ren5ie Te6fanNthael Reglstered Office 08brebrhan Qdsl Slas18 Eiitr8an Orthodox Church IJ DObUry Road Leeds LS116ER Accountants QH Associates Limited Accountants and Tax Advl8ors 208 Roundhay Road Lee(Is LS8 SAA Bank8r3 Bardays B8nk
D8bre.Brhan Kldist Selassle Regislered numb•r: 1169493 Directorf8 (trust•e$) Report for the porlod ended 31 D•¢ember 2024 Introductlon The trustees present th8ir report and the financial statements forth8 year ended 31 December 2024 The board are sat(sfkgd wlh the performance of the chaty during th8 year 8nd 31 D6cemb8r 2024 and consider that th8 charity is in a strong position to continue its objectives during the coming year, and that the charity assets are 8dequate to fuifill its obligations. Nam•, regl•t•red affl¢e and ¢on$tltutlon of th• ¢harlty The full nam6 of the chadty Is Debre-Brhan Kidist Selassie, Tr charity Is also known ty the name Erttrean Orthodox Chuh. The legal Reglstration details are., Date of formation Charfty Registralion number 0511012016 1169493 Obloctlvel Ind Actlvftlob of th• Charlty The objects of th8 CIO for the public beneflls are lo adv7Ce th8 christi fath In Leeds and in other parts of the Unitsd kingdom as th6 charity Iruste8s may from time to lim8 think fil kn ac¢ord8nce the prinGiples of the Eritrean Othodox Church S•Nlc•• to th• Communlty In setling our objgCtiV8s and planning our tIVItIes our Trustees have given seiious conisd8ralion to The ChaAty Commr&8ion'8 general guidance on public benefits and in particular the thancemgnt of education. Flnanel•l R•vl•w• The fotsl nel nioome for the yew was £ 32196 and nel exp8ndilur8 was £ 24334 Small ¢ompany provlsloni This rernrt has been prepared in accordance with the prov1$ in Part15 ofthe Compenles Act 2006 appllcable lo compani6s 8ubi8( This report was approved by the board on 29th October 2025 and signed on ils behaw, Rev. Bereket Ghebre Director
Dabre•Brhan Kidlst SelasBle Independent examlners, report to the Trustees Year ended 310ecember 2024 Respon8lbilitl•s of Trusto98 and examlnor As the charitys trustees you are responsible foi the prepar8tion of the accounts; you consider that the audit requirement of 8ects.on 43(2) of the charities Act19931th8 A¢tl does not apply.11 is my responsSbilily lo slate, on the basis of the pro¢edures specified in the General Directions gtV8n by the Charity Commi88ioners under section 4317)Ib) of the Act. whether particular matters have come to my attention. Bas18 of independent examlnerè$ r•port My 8xamin8tton was carried out in 8ccordanc8 wlth the General Dlrections glven by the Charity Commlssioners. An examinab'on includes 8 review of the accounb'ng record kept by the charity and a comparlson of the accounts presented in those records.11 also Includes consideration of any unusual items or dlsdosures In the accounts and seeking explanations from you as Iruslees conceming any such matteT8. The procedures undertaken do not provide all the evidence that would be r8quired in a statutory audit, and consequently I do not express and audit opinion on the vlew given by the accounts. Indep•ndent •xamlnerf$ statement, report and oplnlon Sufy'ect lo the Ilmilations upon th8 scope of my work as d81ailed above, in connecllon with my examination, I can confirm tha( in the course of my examinatlon, no matter has C4)me lo my attentvJn'. 1 which gives me reasonable cause to bdieve that in my material respect the requirements.. to keep accountlng records in accordance with seclon 41 of the Act., and lo prepare accounts which accord with the accountsng records and comply with Rèaulab'on 8 of The Accountings Regulations have not been mel, or 2 to which, in my oplnion, attention should be drawn In order lo enable a proper unders18nding of the accounts to be reached, QH Associ8tes Ltd 208 Roundhay Road Leeds LS8 5A4 The date upon whith my opinion Is expressed is.. 2911012025
Debre.Brhan Kidist Selassle Statement of Flnancial Activitles (Incorporatlng an Income and Expenditure Account} Year ended 31 Decamber 2024 Unrestrlcted Funds Roslricted Funds Total 2024 2023 nole Incomlng Rg8our¢•s DCallonS and Giants Children f8es Rent receivable Other incom8 32,196 32,196 52,473 Total In¢¢mlng rogour¢e8 32,196 Resources •xpend¢d Charltablo exp•ndlture.' Costs of 8clivllies in fiJrtheranc6 of the charfty's obJ8¢ts.' Dlr8Ct costs Management & administration 16,862 7,472 16,862 7,472 14,000 18,329 Total re8ourco1 exp8nded 24,334 24,334 32,329 Net Income for th¢ yoar befor• transfers 7,862 7,862 20,144 Tran8l•r botwoen fund8 Nel Incom¢ for the year 7,862 7,862 20,144 Othor rocognls¢d galn8 and lou Not movement In funds Funds balance al start of year Funds Inlroduc&l during the year 7,862 214,851 7,862 214,851 20,144 169,694 Fund balances at end of year 222,713 222,713 189,838
Dabre.Brhan Kidist Selassie Balancg Sheet Year ended 31 D•cember 2024 Note 2024 2023 Flxed asséts Tangible assets 254,125 250,775 Curront a890ts Cash at b8nk and In hand 39,574 47,488 39,574 47,488 Cr•dltors: amounts falling due within one year 35,704 85,354 3,870 257,995 37,866 212,909 Net auets 257,995 212,909 Fund$ Re81rted funds Unrestricted fvnds.. 242,285 234,423 242,285 234,423
Debr&Brhan Kldist Selassle Notss to Ihe Accounts and Report$ Year ended 310ecemb•r 2024 1 Accountlng poll¢les (a) Ba818 of accountlng The aUnts are prepared under the historal cost COnnI10n and in &cord8nce Véilh the Fin8ncial ReportSng Standards for Smaller Entities (effective April 20081 and all other appficable 8ccounting st8ndard3, as modlfi8d by the Ststement of recommended Practice for Accounting and repotting issued by the Charity Commi&8ioners for England and Wa18s, (rese June 2) adted lo meet the needs of unincorporated orgwisattons. The )UnIS have en dr8wn up in accordance Mth the provrwons of the Charities {Accounls and Reports) Regulations 2008 Acts, and iidude the result of the charity's opeiatlons Ich are described in the Trustèes, Report, all of which e continuing. Insofar as the slatsmenl of Recommended Practice for Accounting and RepNting issued by the Charity Commi88ioners lor England & Wales, (reMs8d June 2Q081 ue8 compliance with Speci Financia Reporting Standards other than the FRSSE The tharity has taken advantage of the exemption li th8 FRSSE from the requirement to produce a cashflow statement. The pthlar accounting policies follo are s61 out b810w. Ac¢ountlng Con¥•ntlon The financlal stslemenls are prepad on a golng Concer basis under ihe hIStoal cost convention as modified by the revalualion of freehold land and bullding$. The chaity is enllrely dependent on eonlinuing donations arKI as a wnsequence the going concem ba8is18 al) depern1 on the conllnuing donations. Incomlng Ruou•S Incoming sourceS ar8 accounted for on a iecefvable b. Recognltlon of Llabllltlei Llabilities are recognlsed on the accruals basls In accordance with nom)al accounting principles, mDdlfled necessary in accordan th the guidan given in the Ststemenl of Recommended Practice for Accounting and Reporting {revised June 2CI)8), issued by the Chaiity cornmlssKJners for England & Wal88.
Débre4Brhan Kidist Selassie Notes to the Accounts and Reports Year ended 31 December 2024 (bl Tangible fixed assets and depreclatlon All tangible fixed assets are, exp1 freehold land and buildings, are sta18d at (wl less depreclation. Freehold land and trIldIng5 are statsd at a valuation arrfved al by a professlonalty quaffied fimi of v8luer8, who valued the assets on I basis of open market value In [rrent use. Depreci8tlon has been proded al the followlng rates In iyder to write off the assets (less thelr estimated resldual value) over their estimatsd useful economic lives. Equ1pnnt 15% stralght Ilne Depred8tlon of freehold bulldlngs has not been Provided for as they are consistently kept al a high stsnd*d of repar, their economlc life is sufficiently long 80 th8t accumulated depr8clation is not m8terfal to these financial statements. {c ) Taxation A8 a registered ch8TIty, the organis81ion ts exempl from Income and C¢fporats'on tax to the extent that Its income and gains are applicab lo charltable purposes only. Value Added Tax is not Tecoverable by the th8rfty, and is therefore included In the relevant costs In Ihe Statement of Financial activikn'es, (d) Wlndlng up or dh8olutlon of th• ¢harlty If upon windlng up or dissoluttcffl of charlty there remains any assets, after the satisfaction of dl debts and liabilities, the assets represented by the accumulated fund Shall be Ir8nsferred to some other charitsble bodle8 having similar objects to fhe charity. lel Statsment that no ?xp6n¥68 were pald to trustees or connectad person8 No expenses were pald to trustees or Fersons connected with them. 2 Nat Incomlng r080urce8 December 2024 Dember 2023 Is stated after charging.. Depreciation of tangible fixed assets owned by the charity 1,650 1942
Debre.Brhan Kidlst Sela$sl• Notes to the Accounts and Reports (continued) Year ended 31 Decamber 2024 3 Incoming resources 2024 Total Unrmtrlctod 2023 Total Reitrlct•d Donations and Grants 32,196 32,196 32,196 32,196 52,473 52,473 4 Total resourcas exp8nd•d Dlrect Costs General Services Charftsble actsvilles Other dired costs 2024 Total 2023 Total Re8thded 16,862 16,862 14.000 planagemo and Admlnlitratlon of Ihe charity Rates ServKe Charges Light & heat Water and rates Cleaning Bank Charges Srfty Repair and mailenan Depreciation Account8ncy charges Advertising and PR Sundrles 1,246 2,071 176 769 1,246 2,071 176 769 5,288 3,961 1,047 727 1,650 750 83 302 4,091 1,942 750 727 1,650 750 83 7,472 7,472 18,330 No employee received emoluments of more than £50,0(K). The average numb8r of employees wa3.. Management and administratron of the charity Community Centre Restrfcted Number Total Number
Debre.Brhan Kidlst Sèlassie Notss to the AoUnts and Reports Iconlinu8d) Year ended 31 Dec•mbar 2024 5 Tanglbl• Fixod 1810t• Tradex Land & Buildin Land & Bulldlng Flxture and Flttlnsj Coil: Total At1 January 2024 Addib'ons Disposas Year ered 31 08mber 2024 244,772 10,385 5,000.00 255,157 5,000.00 15,385 260,157 Depmclatlon: At1 January 2024 Charge for the year Eliminated on disposal Year ended 31 December 2024 4,382 1,650 4,382 1,650 6,032 6,032 Net book value Year onded 31 D¢cernbor 2024 Year ended 31 March 2023 244,772 244,772 254,125 250,775 6,003 6 Creditorn: amounts fauing dua Imthin one year 2024 2023 Short loans Accruals 34,954 750 59,604 750 60 354 10
Dobra.BrtMn Kldp41 Selttih Not•51¢ IhpA¢¢wnts ind POrt$ lcontinuedl Yurend8d 31 Dwbpr2024 7 Mo¥em•nt Infvnds Al l JUary Funds K4)vemenlinlunds 11K1n9 Ou(gc At31 D•¢•mb•r Restrl¢tedlundi', uf8$cted funds 234.423 27,196 119,334} 242285 Tolal lundi 234,423 27.196 19334) 242285 Unr68lrl¢t•d lund•.' Generallund& Tot•1 ullr•$lrf¢t•d lund• Totsl Ilrndl 234,423 27.196 119,3341 11