2023-03-31-accounts - St Korkos Orthodox Church And Eritreans' Community

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ANNUAL REPORT St. Korkos Orthodox Church and Eritrean Community in Birmingham

Legal and Administration Charity Information ....................................................................................... 2 Charity Name: ..................................................................................................................................... 2 Charity Registration Number: ............................................................................................................. 2 Charity Address: .................................................................................................................................. 2 Elected Trustees: ................................................................................................................................. 2 Independent Examiner: ...................................................................................................................... 2 Bank: ................................................................................................................................................... 2 Structure Governance and Management: .............................................................................................. 2 Background: ............................................................................................................................................ 3 Property: ................................................................................................................................................. 3 Yearly Overview: ..................................................................................................................................... 3 Charitable Purposes: ........................................................................................................................... 3 Overview of activity conducted throughout the year: ....................................................................... 4 Daily Program Breakdown: ................................................................................................................. 4

Legal and Administration Charity Information

Charity Name:

St. Korkos Orthodox Church and Eritreans' Community in Birmingham

Charity Registration Number:

1174445

Charity Address:

37 Broom Field Road, Edrington, Birmingham, B23 7QA. Elected Trustees:

Dawit Belay Amanuel Fesshaye Biniyam Eyasu Mebahtom Weldemikall

Gherezghimer Kflemariam Tsige Tekhle

Independent Examiner:

Sigma Chartered Accountants and Tax Advisors Wilding Building,

864 Wash wood Heath Road, Ward End Birmingham, B8 2NG

Bank:

NatWest and Barclays in Birmingham

Structure Governance and Management:

The St. Korkos Orthodox church congregation presently gathers at 37 Broom Field Road Erdington in Birmingham. The trustees, who oversee the charity's operations in accordance with the internal memorandum and regulations established by the charity commission, are responsible for managing its affairs. The trustees are elected by the members, who are encouraged to enroll on the electoral roll and participate in trustee elections.

Background:

The influx of asylum seekers and refugees into the United Kingdom has been steadily rising over the years. Many of these individuals, who have fled their home countries due to various forms of persecution, often struggle with homesickness and encounter challenges when trying to integrate into UK society. These difficulties can be attributed to the traumatic experiences they have endured both in their home countries and during their journey to the UK. However, there are compassionate members within our community who have taken it upon themselves to offer voluntary support to these individuals by providing them with essential information and guidance to help ease their transition.

The community has made significant progress in establishing an initiative aimed at organizing its members and establishing a registered charity with the charity commission in August 2017. Our primary focus is to assist the community by offering religious and various other community services. In addition, we have taken the initiative to support children in their home learning, providing essential guidance for their 11+ entrance examinations and GCSEs. Furthermore, we have devised plans to offer a diverse range of services to both our charity members and individuals who may require our assistance.

Property:

Our congregation has been fervently praying and patiently waiting for a considerable amount of time to acquire a dedicated space for worship. To achieve this goal, we diligently collected funds from our church members for nearly six years. After a long and arduous journey, we have finally accumulated the necessary funds to purchase the property we had been eyeing. On the 10th of December 2021, we successfully acquired our very own place of worship located at 37 Bloomfield Road, Erdington, Birmingham.

Yearly Overview:

Charitable Purposes:

The primary objective of the charity, as stated earlier, is to assist asylum seekers in adapting and assimilating into British society. This is primarily achieved through the provision of religious and cultural services that are specifically designed to support individuals during challenging and distressing periods.

Overview of activity conducted throughout the year:

This year, our programs and services have experienced significant growth as a result of acquiring our own property. Throughout the week, we organize a variety of religious activities, including worship and liturgy, which are specifically designed to accommodate individuals with different schedules. Our aim is to ensure that there is always ongoing assistance and engagement available to support individuals with diverse timetables. Additionally, we extend our help and support to newcomers in the country, addressing their various needs such as language assistance, form filling, and providing advice on various matters. We consider this support to be of utmost importance, as we firmly believe that newcomers have a tremendous potential to become valuable and contributing members of society when provided with appropriate guidance and placed on a responsible path. Moreover, we strive to guide individuals away from potential addictions, recognizing that the stress and trauma they have endured may make them susceptible to such paths.

Daily lessons are conducted from Monday to Thursday to educate students about the practices of the Eritrean orthodox church. This is a crucial aspect as it prepares the upcoming generation of leaders and servants with the necessary knowledge and skills through bible studies, hymns, and other relevant teachings.

In addition, young people and children receive lessons on Saturdays covering a wide range of subjects. These subjects encompass both academic and religious teachings. The significance of these lessons lies in their ability to impart knowledge about the church, Christian values, and academic guidance, including tutoring in areas where assistance is required. It is crucial to instill the right values in children from a young age, particularly those from disadvantaged backgrounds, as we witness the detrimental impact of gangs on their lives. Therefore, we customize the lessons to steer them away from such influences and set them on a positive trajectory.

On Sundays, the church community gathers for the liturgy, during which a variety of church books are read, hymns are sung, and sermons are delivered. Following the conclusion of the liturgy, a social event takes place, providing an opportunity for individuals to engage in conversation, enjoy food and beverages, and connect with others. This aspect holds great significance as it enables newcomers to establish connections with individuals who share similar backgrounds, fostering the formation of meaningful friendships.

Daily Program Breakdown:

Monday: Lessons for Deacons and Servants. Tuesday: Lessons for Deacons and Servants. Wednesday: Lessons for Deacons and Servants. Thursday: Lessons for Deacons and Servants. Friday: Saturday: Lessons for the Choir and Young children Sunday: Liturgy, Choir practice and Socializing and Networking events.

Charlty number.. 1174445 ST KORKOS ORTHODOX CHURCH AND ERITRa4NS' COMMUNITY Report of the Trustees and Un8udlted Flnan¢lal Statements For the year ended 31 March 2023

ST KORKOS ORTHODOX CHURCH AND ERITREANS, COMMUNITY Contents Page For the year ended 31 March 2023 R¢ptyrt ol Ihe TrLtsts88 In¢*8nd8nt EK8mnerf8 Reportto the Tr189 stst8m8ntof Firm81 Athvib85 Stytsrtwntof Fina1 Powtion Nots6 to tha Flnandal 8tatsmants 5t09 Detsihd Statsmentof FInaral A1•$ 10

ST KORKOS ORTHODOX CHURCH AND ERITREANS, COMMUNITY Report ofthe Trustees Forthe year ended 31 March 2023 The Tnjstses havo &4e85uro in wesenting their rewt and tha finartial 8tat8nwnts S)r the charity for tha year ended 31 Marth 20TJ. Tho TNtha$ haw ad¢ptsd Iho proon5 of Acwunting and Reportiry by Ch41ib0$." Sl4tsment ot Recomm8nd8d Praclic8 apPcabkn to tharib89 FY8parirvJ their accounts in gccordanc Ihg FinaKal Reporting Stsndard applKabfg in thg UK and the R?puUt¢ of Ireland IFRS 10211?ftsclive 1 January W191. OBJECTIVES ANDACTIVITIE8 ObJKtlve$ and alms The tru8tse8 h8ve ndered the Ch?rity Commison'8 gutdan¢¢ put1¢ tfit. C4u1rQ Ihe guthnc8 'public benefit". runniw 8 charty IP821'. REFERENCE AND ADMINISTRAnVE INFORMATION Name of Charfty Charlty roglstratlon number Prkn¢lpal addr•ss sr KORKO8 OR THODOX CHURCH ERITREANS. COMMUNITY 1174445 37 Brotrmfield Roao Erthngton 8irminglAm 8237QA Tvustoes Thv trustses and Offi[9 88rving duriThJ t1 yaar sinca th8 year eTrJ w8r8 88 fOlkn.. kn4nuel Fo8sahaye Biniam Eyasu Gh6r8zghlmgr Kfi)rtsm Mobahtom Kwdernikall Tga Tokhl Dowit 8olay Independent examlners &grna Chartered ArutanS 8W2.864 Waskwod Path Road 'miingham 88 2NG Appmvod by tho Boarf tsfTru$t00s and on li8 behalf by 10 Novornr 2023 T*g8 Tekh 1 of10

ST KORKOS ORTHOWX CHURCH AND ERmiEANS' COMMUNirY Independent Examiners Report to the Trustees Forlhe year ended 31 March 2023 I reportto tro lJueeson my •xamlrAlon ofth• oftho dmwity Ytha yaAr8ndad 31 March 2023. R•sp0nslllllles •nd ol report A8 lh8 ehority buthe•. you ¥r• rglpowth lor tho Fry>gralK>n of th• •(YrMxts kn wAr)unting remrdb re Mt knpt in rg•port01 tr Ch•tti •• by ••thn 130 oftho 2011 or 2. the llco)unt8 ths r%)t acrord wTrlh r¢cort' or 3. Ihe atUn th) apph.¢¥• rgquromonts L¥rthry4rvJ tho lorrn grMI ry)nt•ntof Mt tyJt in tr• Charibes It •r R¢p¢rtsl R•0? 20J8 othwr th•n •ny r•gw•m•nt thit th• rmunl¥ givg • tru• •nd fw'r vw¥P whth h Mt • mattor ¢4)n•id•r•d •• port of#n 1ryJlnt •xarninalJDn. I ha¥• fto corK•rrA fr•v• r•) olhr m•tt•r•ln r%)n•¢xk)n 41h th• 1> •ll•nllon K4ukl b• drn In thm rnport in orrl•r kn •r•t4• • wopw oltr icox•M•kn b• rn•th•d. J•w•id Yaknob FCA184827071 Slgm• Chirt•rod Awiunl•nl• 862-864 W•kn•od H••th Ro•d Blrmingh•m B8 2NG 10 Nov•mb•r J)¥J 20110

ST KORKOS ORTHODOX CHURCH AND ERITREANS, COMMUNITY Statement of Financial Activities For the year ended 31 March 2023 Not•• Untr4ded fvndg R•atvb¢ted luNIs 2023 2022 Ineom• and endowrnnti Donwtion$ and le9•# Ch4rit4blo ArbviOo5 Total 27,559 34,059 179,950 27,669 0,500 34.069 180,940 Exp•ndltur• on: Ch•ritsbl• •ctiwl•• 140.7061 140,7061 140.7081 140,7001 113.4261 113h281 Td41 Incoffl•xp•ndttur• RKondllatlon olfund• Total knds broughtlor7rd Total lundi foN•rd 113,1471 6,000 (6.847) 167,814 453,S59 440A12 9.976 18,476 483,535 456.888 8.021 46J,535 3of10

ST KORKOS ORTHODOX CHURCH AND ERITrE4NS' COMMUNITY Slatement of Financial Position As at 31 March 20YJ 2023 2022 Flxéd as¥al# 10 511,9)1 511,901 511,827 611,827 ¢urr•nt a$iets Cath 8tb4nk ind in 18.47e 18A71 15891 23,344 23,244 1538 Cr•dttoro.' •rnounts l•lllng due wlthln ¢n• y4•r 11 Net currert assati 10.887 627,788 <70.9WI 22,808 034hJS 170,9001 463.636 T#1 aliets le*5 Crr•ThI Ilabtiitl•A Cr•dhora'. •rnounts lalllng du• •ft•r mornthm oTh• >••r 12 Th• lund• olth• chrfty R?8th¢t•d Inc4m• fiJnd• Unre8tricted fiJftd• 13 13 16.476 440.412 147,5831 511.118 463I3fj Total fund• The firnrv•l •tst•ff•nts w• •pyo¥•d •nd for i•w• lry th• Bon1 aThJ it• b•h41 by.. T9• T•kli• Tru•t•• 10 NobYrnb•r 2023 4of10

ST KORKOS ORTHODOX CHURCH AND ERITREANS, COMMUNITY Noles to the Financial Statements For tha year ended 31 March 2023 1. A¢untIng Ptsllcl•$ Bash ot accountlnq Tho financiBI 5taternents he t••n prnp8red under tha hioricl costCc¥0ntI0n, axcept forinve8trnonts%thth are inCld 8t markot valuo and tho revaluation of certain fixad 88e8ts and in a¢o)rdon¢• wilh th? Ch4riti8• SORP IFRS 1021'A¢¢ount"rtg #nd R¥porn by Ch8riti?s.' Statsmntof R•c¥)rnrnended Prar#ic Bpplicable to thaiitl88 preFqdng tholr •ccounts in th the Finanaal R•porbng StandBrd aO¢caUe in the UK and R8public of Ireland IFRS 12) (offectiw 1 J8nuary 20191,. Financial Reporbng Stsndard I2 th? Fin•ncMI ROW)"n9 Stsnd&rd •ppli¢4bkn in th• UKond Ropubll¢ ol Irgl•nd IFRS 1021, and tho Charil'e6 2011. ST KORKOS ORTHODOX CHURCH AND ERITREMS, COMMUNITY lh¢ thfinlJon ofa publk tsorfit onlty under FRS 1. A650ts and liab¢liti08 aro itiallY racognlqod at Nstortcal ¢o•t or Ir•n•Acbon ¥•1 othe78 •tstyd in the r•lev•nt accounting policy notslsl. Golng ¢on¢•rn Th8 finan81 8latsrnent• h•¥9 twi prgp•red on thg'golng n¢¢In' h•1• It l• Irwppmprts b) FY¢wme Ihot lh• ¢h•rity wlll MnJnu• it•adihl••. 2. In¢om• from donllon and lag•cIo• Unrn•¢rf¢t•d fvndl 2023 2022 fund• Don•tbn• r•fv•d 27.5Sg 8,500 183.846 16,104 8ub•¢rlpUons rvc•iv•d 27,fj09 34,069 179,960 3. Ineomo Irom ¢hrt¢•bl• •¢ll¥ltl 2023 2022 Salos Income from ch•rIt•• Co•t• of ¢havtt•bl• •¢tlvltl• byfuthd typ• 2023 2022 Unmtrld•d lund• SuFPOrt CO818 40,7C6 13,428 30110

ST KORKOS ORTHODOX CHURCH AND ERtTREANS' COMMUNITY Notes to Ihe Financial Stalements Continued For the year ended 31 March 2023 5. Costs ol¢harftabltradlvllle8 by arAfvlytype 2023 2022 S•l•s 40.706 11426 . Analys18 of support costs 2023 2022 GovofMnc¥ Costs 40.706 13.426 7. N•t IncthMTl•xpÈndtturel forthe This 1$ afterchargin1Cred1tirVJl'. 2023 2022 A&xuntsnGy f805 8. Partlculars olemploy 2022 2(J22 Stsff 6of10

ST KORKOS ORTHODOX CHURCH ANO ERITREANS, COMMUNITY Notes to the Flnanclal Slatements Contlnued Forthe year ended 31 March 2023 9. Comparntlv• tsrth¢ statement ol Flnan¢141 AdlvMI Unretrfct•d lunds R•itrfded fund$ 2022 Ircomè and •ndowm•nt• from: DoMtion8 and legaci08 ctsb18 4cbviO•s 48.072 131,878 179.9SO 49.162 131.B7 180,940 Exp•ndStur• on: Chwitsbla 8cbviti•• 113.4281 113,4281 113.4261 113A2ei Tot•1 Not In¢om• R•conclll•tlon olfund• Totsl fvnd8 brought fofw&r Tot•1 lunds urrt•d lorw•rd 131,876 187114 475,482 011.11 1179.4811 147,6831 296.021 443135 10. T4nolbl• flx•d iMt• Lind and 8ulldlfigi CO or viluatltsn At 01 Aprll 2022 Addi•# At 31 Marth 23 51 t,827 274 611,901 N•t book y•1 At 31 M#rth 2023 fj11,901 At31 M•rth 2022 511,627 11. CMdoY•: amounti lalllni du• wtthln on• y•ar 2023 2022 0lh8r credltor8 638 7of10

ST KORKOS ORTHODOX CHURCH AND ERrrREANS' COMMUNITY Notes to the Financial Slatements Continued For the year ended 31 March 2023 12. CrndSton: •nx)unts lallkng du• after on• 5•ar 2023 2022 L¢xn• •r ¢wrdr•ft• 70.900 70JIXI 11 Mo¥wnonl In fvnds Unr•strkt•d Fund¥ B•l•nc• at Inconn 01104J2022 nsour¢•s Oulgolhg rc•# Balqnc• a¢ 3110312023 G•n•rnl G•n•r•l 453.559 140.Th1 440.412 403,559 27J19 140,7081 440A12 UnM•irfGt•d Fund•- Pr•vltyJ• <)thgoln r••01C¢¥ B•l•nM al 3110312022 0110th21 G•n•MI G•Mrnl 475.482 113,4281 311.118 49,062 113A261 811,118 Purpos• of unmlrfct•l Fund• Urwostrkted fvTh4¥•r• thffi•tion•tr•tfv cf•rity ny u•• Sx rn• th• 4imB obpL• Re•trt¢tsd Funds B•lm¢• al 01111412022 Balance at 31KJa12023 R••trf¢t•d Fund* 9.978 16,476 •,•n 16N76 eotio

ST KORKOS ORTHODOX CHURCH AND ERITREANS. COMMUNITY Noles to the Financial Statements Continued For the yèar ended 31 March 2023 R•strf¢tèd Funds. Pr18 y•ar Balan¢e at 01N12021 In¢omlng reaources Balan¢ at 3110212022 Rostrictsd Funds 1179.4611 131.876 147,5831 1179,4611 131M78 147,5831 Purpose of r•strf¢t•d lunds R881ricted Fund8 RestrKtod fvnds are donations Used for a 5peafic proj8Ct 14 Angly¥l$ ol ne¢ a$$ belween lund$ Tanglblt rixed as•etB Net curren¢ Credltors > assets I year IUabSlltlesl Net Unmtrfded funds G8nor61 G8n8ral s11.1 IS891 (70.9)01 440.412 Restrf¢l•d lund$ Restrithd Fund$ 16,476 18,47e 611,¥D1 16.867 170,9001 456,888 Prevlous al Tangible fixed •¥s•14 Ilet cyrrenl A$sets I IlJ4blllU¢•l eredltorg > y•ar NotA$gat4 Unre5ts1cled lunds Gen8r81 General 511.627 15091 511,118 Re91rt¢¢ed lunds Restrictsd Fund8 23.317 170,9J)I 147,5831 611A27 22.808 170,9001 463AJ8 9of10

ST KORKOS ORTHODOX CHURCH AND ERITREANS, COMMUNITY Detailed Statement of FinancSal Activiiies Forthe year ended 31 March 2023 2023 2D22 INCOME AND ENwMENT Donatlon$ and legacle5 Donations Subs¢npbor 163,846 16.104 34,069 179.980 Charftable adlvttles Incorr frorn charitabb adthith8 Total Ineomlng re8QU 34.069 180,940 SUPPORT COSTS Goveman¢o eost$ Govemance $ts 140,7061 113,4261 140,7061 113A211 Total soUe$ •xpond•d 140,7081 3N281 Net Expèndl¢ure 16.6471 187,614 10of10 rhis F4g8 ¢k$85 [1)rM partofthe slatrJtDry rna18[ Slatsrnents

Charlty number.. 1174445 ST KORKOS ORTHODOX CHURCH AND ERITRa4NS' COMMUNITY Report of the Trustees and Un8udlted Flnan¢lal Statements For the year ended 31 March 2023