# **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| S T . M A R Y & S T . M I N A C H U R C H P a g e 1 ## **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 S T . M A R Y & S T . M I N A C H U R C H P a g e 2 ## **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: - (a) Select suitable accounting policies and apply them consistently. - (b) Make judgments and estimated that are reasonable and prudent. - (c) Prepare the financial statements on a going concern basis unless it is inappropriate. to assume that the charity will continue in business. 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 S T . M A R Y & S T . M I N A C H U R C H P a g e 3 ## **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**| S T . M A R Y & S T . M I N A C H U R C H P a g e 4 ## **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 P a g e 5 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| S T . M A R Y & S T . M I N A C H U R C H P a g e 6 ## **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 - {2} Mrs Nadia Sewaha Treasurer - {3} Dr. Naguib Fayez Naguib Guirgis - {4} Mr Emad Mourad Ghaly Khella ## Accountant Mahir Tawfig FMAAT S T . M A R Y & S T . M I N A C H U R C H P a g e 7