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2022-04-05-accounts

ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 5 APRIL 2022

ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 5th April 2022

CONTENTS

PAGE
CONTENTS 1
CHARITY INFORMATION 2
TRUSTEES REPORT 3
INDEPENDENT EXAMINER’S REPORT 4
STATEMENT OF FINANCIAL ACTIVITIES 5
BALANCE SHEET 6
EXPENDITURE 7
NOTES 8

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

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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 2022

The trustees present their report and accounts for the period ended 05 April 2022

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 21/10/2022 and signed on their behalf,

Trustee

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Independent Examiner's Report to the Trustees of St. Mary & St. Mina Coptic Orthodox Church

I report to the trustees on my examination of the financial statements of St Mary & St Mina Coptic Orthodox Church, New Malden (the charity) for the year ended 05 April 2022.

Responsibilities and basis of report

As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Accountant

Mahir Tawfig FMAAT

Dated: 29/10/2024

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ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

Statement of Financial Activities for the period Ended 05th April 2022

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
2022
£
17,960
1,658
11,494
0
31,112
6,835
6,835
24,277
87,588
111,865		 Total
Funds
2021
£
9,405
0
4,945
0
14,350
0
0
14,350
73,238
87,588

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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

BALANCE SHEET AS AT 05TH April 2022

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		 2022
Unrestricted
funds
£
0
111,865
111,865
0
111,865
111,865
111,865		 2021
Total
funds
£
0
87,588
87,588
0
87,588
87,588
87,588

This financial statements were approved and authorised for issue on 21/10/2022 And signed on behalf of the Trustees by

Trustee

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ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05[TH] April 2022

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05TH April 2022

1. Charitable Expenditure

Management & Administration of Charity
Priest Accommodation, Salaries &
Expenses
Clergy Living expense
Travel
Church Expenses
Contribution for use the church
Charitable Activities
Rent of Hall
Administration Costs
Bank Charge
Net Movement in Funds		 2022
£
2,400
930		 3,330
3,505
0		 2021
£
0
0		 0
0
0
3,255
250
0		 0
0
0
0
0
6,835 0

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ST. MARY & ST. MINA COPTIC ORTHODOX CHURCH

Year ended 05th April 2022

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

Trustee

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