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2020-12-31-accounts

Living water Arabic Church End of Year Report and Accounts

Year ending 31[st] December 2020

Charity Information

Trustees: Nadia Abdelseed Adel Ekladious Raymon Eskandar (Chairman) Mervat Metry Sameh Metry Samir Suliman New trustees are appointed by the existing trustees. Governing Document: “Foundation” Model Constitution Charity Registration Number: 1182877 Registered Office: 23 Gosling Close Greenford UB6 9UE Bankers: HSBC

Objects

The objects of the CIO are:

  1. To advance the Christian faith for the benefit of the public in accordance with the statement of faith (stated in the charity CIO constitution) in such ways and in such parts of the United Kingdom or the World.

  2. Such other charitable purposes as shall, in the opinion of the Trustees, further the work of the church.

Aims and Objectives

The central tenet of Living Water Arabic Church is that the Christian Faith itself brings immediate benefit to its followers, hence the purpose of the church is to promote this faith. There is however a requirement on Christians to demonstrate their faith in very practical ways, and in the context of Living Water Church this is worked out by providing a supportive community for Arabic speaking people living in London. Many of these people have been displaced from Middle-Eastern countries through war and persecution and the community of the church meets a very real need for them and their families.

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Activities in 2020

Activities in 2020 were constrained by the COVID pandemic, but it was possible to continue many regular activities on Zoom. A summary of the activities in 2020 is as follows:

Plans for 2021

These are of course subject to COVID restrictions, but the provisional plans are:

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Financial Review

Reserves Policy

The church does not have a reserves policy, but spending is controlled to ensure there is no deficit on the accounts.

Funds in Deficit

There are no funds in deficit in the current accounting period.

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Receipts and Payments

Note

From 01 January 2020 01 January 2019 To 31 December 2020 31 December 2019

General - General fund (Unrestricted) Fund
Income and endowments
Donations and legacies
Gift Aid - Bank 3,500
Donation 31,912 11,916
Giving through church boxes 1,609 9,683
Tax recoverable on Gift Aid 1,750
Total Donations and legacies 38,772 21,599
Other income
Job Retention Sheme 1,616
Total Other income 1,616
Total income and endowments 40,388 21,599
Expenditure
Raising funds
Costs of fetes & other events 1,800 152
Total Raising funds 1,800 152
Expenditure on charitable activities
Giving to missionary societies 6,800 500
Home mission 1,600 1,400
Salary of parish administrator 21,313 3,907
Vicar's telephone 946 538
Parish training and mission 7,386
Church running - insurance 471 468
Magazine expenses 71
Website expenses 720 420
Sundays TV Broadcast 6,675 6,447
Total Expenditure on charitable activities 38,598 21,068
Total expenditure 40,398 21,220
Excess of Income and endowments over Expenditure (10) 378
Brought forward balance 12,577 12,199
Total carried forward balance 12,567 12,577

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Statement of Assets and Liabilities

As at 31[st] December 2020

Previous
Balance balance
Cash at bank and in hand
6501: Bank current account - Asset
General fund Unrestricted 12,567.58 12,577.73
12,567.58 12,577.73
Cash at bank and in hand 12,567.58 12,577.73
Grand Total 12,567.58 12,577.73

Approved by the Trustees and signed on their behalf on the 28[th] April 2021:

Raymon Eskander.

Chairman

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