26 **February 2024** **Charity Number 1178901** ## **MEKANE SEMAET ST. ARSEMA ETHIOPIAN OORTHODOX TEWAHDO CHURCH** ## **Report and Accounts** As a result of the coronavirus pandemic, our parish church had to close its doors and halt regular services for a significant period of time, starting from an unspecified date and lasting until October 2023. During this challenging period, our church community made every effort to stay connected and supportive of one another. Despite the physical closure of the church, we continued to come together once a month to pray, share in fellowship, and receive spiritual guidance at members' homes. These gatherings helped us maintain a sense of community and belonging during a difficult time. After a temporary closure, we are pleased to announce that our weekly service has resumed on October 14, 2023, at our new address ( **74 St. James Street Walthamstow E17 7PE)** . The new location is easily accessible and has ample space to accommodate all members. We have taken all necessary measures to ensure that our service is not only regular but also safe and hygienic, adhering to all recommended guidelines - We kindly request that you update the charity portal with your new address. - ( **74 St. James Street Walthamstow,** London **E17 7PE)** . 1 **31/12/2023** ## **Financial Report** ## **Information** **Chairman: -** Israel-Behilu **Operating Address: 74 St. James Street Walthamstow,** London **E17 7PE** Profit and Loss Account For the year ended 31/12/ 2022 **Income 1 = £** 0 Operating and Administrative Expenses = **£** 0 Other operating income = **£** 0 **Gross Surplus 2 = £** 0 Interest receivable = **£ 0** interest payable = **£** 0 **Net Surplus= £** 0 **.** 2 ## **Responsibilities of the Church** The company law requires the directors: * To prepare financial statements for every financial year to give an accurate and fair view of the company`s affairs. - To select suitable accounting policies and apply them consistently, making prudent and reasonable judgments. * To state whether applicable accounting standards have been followed and to disclose and explain any material departures. - To apply the going concern basis unless there are sufficient reasons to believe that the church will not continue in its activities - To keep proper accounting records. - To safeguard the entity's assets and take such steps to prevent and detect fraud as is reasonable. The report was approved on 18 12/22 ## **Balance Sheet As of 31 December 2022** ## **Fixed assets** Furniture & Equipment = 0 Freehold Property = 0 ## **Current assets** Balance at the bank - NatWest **£** 5,512.69 **Creditors: amounts falling due within one year** = **£** 0 **Net Funds (Surplus) = £** 0 Represented by: **RESERVES** Surplus Receipts over expenses **£** 0 Add: Surplus Receipts over expenses - Current = **£** 0 **Total Surplus Funds = £ 0** 3 ## **MEKANE SEMAET ST. ARSEMA ETHIOPIAN OORTHODOX TEWAHDO CHURCH** Notes to the accounts for the year ed March 31 2021 ## **1 Accounting policies** The accounts have been prepared under the historical cost convention and by the Financial Reporting Standard for Smaller Entities. ## _**Donations**_ Consists of donations from churchgoers and well-wishers received during the year. ## **2 Taxation** No provision for corporation tax has been made in these accounts as the company is not a profit-making organisation. ## **3 Creditors: amounts falling due within one 2022** Accrued Expenses = **£** 0 Creditors **£** 0 Schedule to the Profit and Loss Account for the year ended Mar 2022 ## **Income** Donations Collected **£** 0 Monthly Contributions **£ 0** Christenings Services **£** 0 Other = 0 Wedding Services **£** 0 sale of gifts= **£** 0 hall rent = **£** 0 Sundry Income 0 Other Income- Bank Interest = **£** 0 ## **EXPENDITURE** Rent – Premises = **£** 0 Rent - external Hall Hire = **£** 0 Payment to clergy transport = **£** 0 Insurance = **£** 0 Candles and prayer decoration = **£** 0 Legal Fee = **£** 0 4 Legal Fee of purchase church = **£** 0 Valuation Fee of church purchase = **£** 0 Wages = **£** 0 Audit & Accountancy = **£** 0 Stationery= **£** 0 Bank Charges= **£** 0 Repairs & Maintenance= **£** 0 ## **Surplus receipts over expenditures =£ 0** 5 26 **February 2024** **Charity Number 1178901** ## **MEKANE SEMAET ST. ARSEMA ETHIOPIAN OORTHODOX TEWAHDO CHURCH** ## **Report and Accounts** As a result of the coronavirus pandemic, our parish church had to close its doors and halt regular services for a significant period of time, starting from an unspecified date and lasting until October 2023. During this challenging period, our church community made every effort to stay connected and supportive of one another. Despite the physical closure of the church, we continued to come together once a month to pray, share in fellowship, and receive spiritual guidance at members' homes. These gatherings helped us maintain a sense of community and belonging during a difficult time. After a temporary closure, we are pleased to announce that our weekly service has resumed on October 14, 2023, at our new address ( **74 St. James Street Walthamstow E17 7PE)** . The new location is easily accessible and has ample space to accommodate all members. We have taken all necessary measures to ensure that our service is not only regular but also safe and hygienic, adhering to all recommended guidelines - We kindly request that you update the charity portal with your new address. - ( **74 St. James Street Walthamstow,** London **E17 7PE)** . 1 **31/12/2023** ## **Financial Report** ## **Information** **Chairman: -** Israel-Behilu **Operating Address: 74 St. James Street Walthamstow,** London **E17 7PE** Profit and Loss Account For the year ended 31/12/ 2022 **Income 1 = £** 0 Operating and Administrative Expenses = **£** 0 Other operating income = **£** 0 **Gross Surplus 2 = £** 0 Interest receivable = **£ 0** interest payable = **£** 0 **Net Surplus= £** 0 **.** 2 ## **Responsibilities of the Church** The company law requires the directors: * To prepare financial statements for every financial year to give an accurate and fair view of the company`s affairs. - To select suitable accounting policies and apply them consistently, making prudent and reasonable judgments. * To state whether applicable accounting standards have been followed and to disclose and explain any material departures. - To apply the going concern basis unless there are sufficient reasons to believe that the church will not continue in its activities - To keep proper accounting records. - To safeguard the entity's assets and take such steps to prevent and detect fraud as is reasonable. The report was approved on 18 12/22 ## **Balance Sheet As of 31 December 2022** ## **Fixed assets** Furniture & Equipment = 0 Freehold Property = 0 ## **Current assets** Balance at the bank - NatWest **£** 5,512.69 **Creditors: amounts falling due within one year** = **£** 0 **Net Funds (Surplus) = £** 0 Represented by: **RESERVES** Surplus Receipts over expenses **£** 0 Add: Surplus Receipts over expenses - Current = **£** 0 **Total Surplus Funds = £ 0** 3 ## **MEKANE SEMAET ST. ARSEMA ETHIOPIAN OORTHODOX TEWAHDO CHURCH** Notes to the accounts for the year ed March 31 2021 ## **1 Accounting policies** The accounts have been prepared under the historical cost convention and by the Financial Reporting Standard for Smaller Entities. ## _**Donations**_ Consists of donations from churchgoers and well-wishers received during the year. ## **2 Taxation** No provision for corporation tax has been made in these accounts as the company is not a profit-making organisation. ## **3 Creditors: amounts falling due within one 2022** Accrued Expenses = **£** 0 Creditors **£** 0 Schedule to the Profit and Loss Account for the year ended Mar 2022 ## **Income** Donations Collected **£** 0 Monthly Contributions **£ 0** Christenings Services **£** 0 Other = 0 Wedding Services **£** 0 sale of gifts= **£** 0 hall rent = **£** 0 Sundry Income 0 Other Income- Bank Interest = **£** 0 ## **EXPENDITURE** Rent – Premises = **£** 0 Rent - external Hall Hire = **£** 0 Payment to clergy transport = **£** 0 Insurance = **£** 0 Candles and prayer decoration = **£** 0 Legal Fee = **£** 0 4 Legal Fee of purchase church = **£** 0 Valuation Fee of church purchase = **£** 0 Wages = **£** 0 Audit & Accountancy = **£** 0 Stationery= **£** 0 Bank Charges= **£** 0 Repairs & Maintenance= **£** 0 ## **Surplus receipts over expenditures =£ 0** 5