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2021-04-05-accounts

ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 5 APRIL 2021

ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2021

CONTENTS

PAGE
CONTENTS 1
CHARITY INFORMATION 2
TRUSTEES REPORT 3
STATEMENT OF FINANCIAL ACTIVITIES 4
BALANCE SHEET 5
EXPENDITURE 6
NOTES 7

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ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

Charity Information

For the Year Ended 5th April 2021

TRUSTEES {1} Mr. Adel Zaher Sawires {2} Dr. Naguib Fayez Naguib Guirgis {3} Mrs Nadia Sewaha {4} Mr Emad Mourad Ghaly Khella

SECRETARY Mr. Adel Zaher Sawires TREASURER Mrs Nadia Sewaha

CHARITY NUMBER 1184183

Date of Registration 01 Jul 2019 BANKERS Barclays Kingston upon Thames Surrey

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ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

TRUSTEES REPORT FOR THE PERIOD ENDED 05th April 2021

The trustees present their report and accounts for the period ended 05 April 2021

Trustees

The trustees named on page 2 have served throughout the period Appointment of Trustees is governed by the Charity constitution. The Coptic orthodox Archbishop of London shall appoint all charity trustees to fill vacancies arising through resignation or death. of an existing trustee.

Investment Powers

The Charity constitution authorizes the trustees to make and hold investments using the general funds of the charity

Objects of the Charity

objects are to advance the religion of the Coptic Orthodox Church.

Development, Activities and Achievements

The trustees consider that the performance and services of the charity this period has been. most satisfactory

The Charity would not be able to provide such a wide service to our beneficiaries without the continued support of a large number of willing members

Financial Review

The financial position of the charity is considered most satisfactory this year.

Future Plans

The church is looking to purchase a church building in the New Malden or surrounding area to enable it to introduce services on Sundays and other days of the week.

Statement of Trustees Responsibilities

The trustees are required under the constitution of the charity to prepare financial. Statements for each financial year, which give a true and fair view of the state of affairs. of the charity and of its results for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable. steps for the prevention and detection of fraud and other irregularities

Approval

The trustees approved this report on 20/10/2021 and signed on their behalf,

Trustee

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ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

Statement of Financial Activities for the period Ended 05th April 2021

Note.
INCOMING RESOURCES
Membership contribution
Collection & Church Boxes
Sales/Donation
Exhibition
Total Incoming Resources
RESOURCES EXPENDED
Charitable expenditure
Management and administration of the
charity
1
Total Resources Used
NET INCOMING RESOURCES
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Funds
2021
£
9,405
0
4,945
0
14,350
0
0
14,350
73,238
87,588		 Total
Funds
2020
£
8,055
13,973
14,359
8,550
44,936
13,386
13,386
31,550
41,688
73,238

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ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

BALANCE SHEET AS AT 05TH April 2021

Note
Fixed Assets
Tangible Assets
CURRENT ASSETS
Cash at Banks and in Hand
Total Assets
CURRENT LIABILITIES
Trade Creditors
Total Current Liabilities
NET ASSETS
Funds
Unrestricted Funds
Total Funds		 2021
Unrestricted
funds
£
0
87,588
87,588
0
87,588
87,588
87,588		 2020
Total
funds
£
0
73,238
73,238
0
73,238
73,238
73,238

These financial statements were approved and authorised for issue on 20/10/2021 And signed on behalf of the Trustees by

Trustee

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S T . M A R Y & S T . M I N A C H U R C H

ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05[TH] April 2021

1. Charitable Expenditure
Management & Administration of Charity
Priest Accommodation, Salaries & Expenses
Clergy Living expense
Travel
Church Expenses
Contribution for use the church
Rent of Hall
Administration Costs
Bank Charge
Net Movement in Funds		 2021
£
0
0		 0
0
0		 2020
£
9141
320		 9,461
3,925
0
0
0		 3675
250
0
0
0 13,386

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ST.MARY & ST. MINA COPTIC ORTHODOX CHURCH

Year ended 05th April 2021

Accounting Policies

Basis of Preparation of Accounts

The accounts are prepared under the historical cost convention and include the results of the charity’s operations.

The accounts have been prepared accordance with the Statement of Recommended Practice for Charity Accounts

The charity has taken advantage of the exemption to produce a cash flow statement. on the ground that it qualifies as a small charity

Income

Voluntary income and donation are accounted for as received by the charity.

Management and Administration Expenditure

Expenditure on management and administration of the charity includes alt expenditure. not directly related to the charitable activity.

Members of the church council who served during this period are stated below.

{1} Mr. Adel Zaher Sawires Secretary

Accountant

Mahir Tawfig FMAAT

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