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2022-12-31-accounts

Living Water Arabic Church End of Year Report and Accounts

Year ending 31[st] December 2022

Charity Information

Trustees: Nadia Abdelseed Samuel Benjamen Mervat Metry Petra Metry Sameh Metry (Chairman) 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 2022

The year 2022 was a better year of recovery after the long lockdown. We started to rebuild the church slowly, especially the people who were still scared about meeting in person. It was a hard time for us as a leadership team and for our congregation too. Here are some of the activities:

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Finally, we are so grateful and thankful for the Lord who helped us to do and achieve all these activities in one year.

Plans for 2023

The following activities are planned for 2023:

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 2022 to 31 December 2022

Unrestricted Designated Restricted Endowment Total Prior year
funds funds funds funds funds total funds
Receipts
Donations and legacies 31,472 - - - 31,472 40,335
Other income 546 - - - 546 -
Total Receipts 32,019 - - - 32,019 40,335
Payments
Raising funds 1,635 - - - 1,635 -
Expenditure on charitable activities 27,758 - - - 27,758 34,472
Other expenditure 7,687 - - - 7,687 -
Total Paym ents 37,081 - - - 37,081 34,472
Exces s of receipts over paym ents before trans fer -5,063 - - - -5,063 5,862
Transfers:
Gross transfers between funds - in - - - - - -
Gross transfers between funds - out - - - - - -
Excess of receipts over payments before other gains -5,063 - - - -5,063 5,862
Net movement in funds -5,063 - - - -5,063 5,862
Reconciliation of funds
Excess of receipts over payments at beginning of the year 18,429 - - - 18,429 12,567
Excess of receipts over payments for the year 13,367 - - - 13,367 18,429
Represented by
Unrestricted
General Fund 13,367 - - - 13,367 18,429

Statement of Assets and Liabilities

Living Water Arabic Church

Statement of Assets and Liabilities (by fund) As at: 31 December 2022

Balance Previous
balance
General Fund: Unrestricted
Current Asset
6501: HSBC Bank current account 2,209 -
6502: Metro Bank current account 11,158 18,429
13,367 18,429
General Fund: Unrestricted 13,367 18,429
Grand Total 13,367 18,429

Approved by the Trustees and signed on their behalf on the 2[nd] of September 2023:

Rev. Sameh Metry.

Chairman

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