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2021-12-31-accounts

Living Water Arabic Church End of Year Report and Accounts

Year ending 31[st] December 2021

Charity Information

Trustees: Nadia Abdelseed Adel Ekladious Samuel Benjamen Mervat Metry Petra Metry Sameh Metry (Chairman) Samir Suliman Noor Fuad Yacoub Qassis (Treasurer) 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 2021

Activities in 2021 were constrained by the COVID pandemic, but it was possible to continue many regular activities on Zoom. A summary of the activities in 2021 is as follows:

Plans for 2022

The following activities are planned for 2022:

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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

Living Water Arabic Church Receipts and Payments Account For the period from 01 January 2021 to 31 December 2021

Unrestricted Designated Restricted Endowment Total Prior year
funds funds funds funds funds total funds
Receipts
Donations and legacies 40,335.29 - - - 40,335.29 -
Total Receipts 40,335.29 - - - 40,335.29 -
Payments
Expenditure on charitable activities 34,472.92 - - - 34,472.92 -
Total Paym ents 34,472.92 - - - 34,472.92 -
Exces s of receipts over paym ents before trans fer 5,862.37 - - - 5,862.37 -
Transfers:
Gross transfers between funds - in - - - - - -
Gross transfers between funds - out - - - - - -
Excess of receipts over payments before other gains 5,862.37 - - - 5,862.37 -
Net movement in funds 5,862.37 - - - 5,862.37 -
Reconciliation of funds
Excess of receipts over payments at beginning of 12,567.58 - - - 12,567.58 -
Excess of receipts over payments for the year 18,429.95 - - - 18,429.95 -
Represented by
Unrestricted
General Fund 18,429.95 - - - 18,429.95 12,567.58

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Statement of Assets and Liabilities

Living Water Arabic Church

Statement of Assets and Liabilities (by fund) As at: 31 December 2021

Balance Previous
balance
General Fund: Unrestricted
Cash At Bank And In Hand
6501: HSBC Bank current account - 12,567
6502: Metro Bank current account 18,429 -
18,429 12,567
General Fund: Unrestricted 18,429 12,567
Grand Total 18,429 12,567

Approved by the Trustees and signed on their behalf on the 29[th] of November 2022:

Rev. Sameh Metry. Chairman

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