## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** ## **CONTENTS** ||Page| |---|---| |**Trustees report**|1-4| |**Reference and administrative details of the charity, and trustees**|5-7| |**True and Fair Overide - Accounts**|8-9| |**Independent Examiner's Report**|10| |**Statement of Financial Activities**|11| |**Balance Sheet**|12| |**Notes to Financial Statements**|13-15| HOLY APOSTOLEC CATHOLIC ASSYRtAN CHURCH OF THE FA Trusteè5 report lor the Charity No. 1186274 Holy Apostolic Catholic Assyrian Church of the East Activrties Thè objetts of the CIO are. for the public benefrt to advance the Chrlstlan faith in the traditlon of the Holy Apostollc Cathollc Assyrlan Church of the East in the Unlted KSngdom. prlmarlly but not exduslvelv through the provislon of a place or places of worshlp, the adminlstratlon of the sacraments, rltes. and ceremonles of the Chur¢h a¢¢ordlng to Its usage and fomis. Tr Trurte•s durlng the year and slnce year end were.. Name 8ishop Awraham Youkhanls jonah David Michael Aoner Yonan Shamiran Lowes John Youna Dr. lalll Youslf Paul Dormoo Queeny Michael Moreen Albazii Tanya Malick Role Chair Trustee/se¢ Trustee Trustee Trustee Trusteè Trusteelsec Trustee Trustee Trustee Date App. 05 November 2019 App. 15 August 2021 App. 21 Decembèr 2021 Resigned 29 December 2021 Resi8ned 28 Oecember 2021 Res¢gned 13 Decernber 2021 Resigned 13 December 2021 App. 15 August 2021. Res: 28 December 2021 App. 15 August 2021, Res- 28 December 2021 App. 15 Au8USt 2021, Res. 23 December 2021 Flnanclal Re ortln eview The Trustee5 have reasonable expectation that the CIO has adequate resources to contlnue operating for the ftsreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further detai55 regarding the adoption of the going concern basis can be found in the accounting policies. The Trustees review the amount of reseNes that are required to ensure that they are adequate to fulfil thè CIO'S continuing oblSgations on a regular basis at their board meetings. Strutture Governance and mana ement The CIO was formed through a constitution dated 21° Ortober 2019 and commenced aCt￿lty on 5, November 2019. The CIO Is Boverr*ed by a constltution whlch was submitted for approval of the Charity Commission prior to re8lStration which has not been amended. In setting objectfves and plannlng activities the Trustees have given due consideration to the general guidance published by the Charity Commission relatin8 to public benefit, including the 8uidance'Public benefit.. running a Charity IPB21 Fundin The CIO'S primary sources of funding come from parlshioners and supporters of the Assyrian Church of the East in the United Kingdom. Donations are collected general and for proposed projects undertaken by the CIO. Re ulations and safe uardin The CIO'5 Trustees have implemented processes and pro¢edure5 for compliance of le8al requlrements of the CIO and its activitie5'. al DBS Checks- a safeguarding officer appotnted and overseen by a member C>f the Trustees ha5 establlshed the CIO'S safeguardlng policy and identified members of the CIO'S Trustees and appointed committee member5 for D8S certification. bl Insurance Policies- The CIO asked for external review of its property and areas of actlvlty for full compliance of its legal obligations. ¢1 Health and safety- Health and Safety polScy Implemented In areas of operation. dl Flre Risk Assessment- A risk assessment and Fire Plan were put in place for the Church buildin8 Sncludlng exlt and assemb￿ point5. el Financial- the CIO established a finance department to control its finances which induded a member of the Trvstees of the CIO vid-19 The CIO'S response to the Covld-19 pandemlc and subsequènt Lockdowns and restrictions included: Weekly 8ulletin5 were issued each Monday informing the members of the ecclesiastical servicès as well a5 any updates within the community induding any proposed projects being anticipated and upcoming events. Desplte lockdown restrictions being gradually lifted the Chvrch took a very conseryative approach to Covid given the muttitude of infections which were at times rising higher than anticipated - the Church therefore resolved at times in the year to cler8y-only attendance at Church with the services being live-5tTeamed via social media. Once Covld-numbers were under some control. in line with UK regulations in place at the time, the church would limit attendees and have appropriate social distancing and safe8uards in place such as markin85 Within the vicinity of the Church. Emails would be sent out to all members creating a register in which members would submit which services they wished to attend and this being governed intemally to en5urÈ that all member5 had faif and proportionate access to 311 seNice5 throughout the year. Volunteers were also on hand during services to ensure safeguard5 were maintained at all tirnes throughout. The Church emailed the members Invitlng all Key Worker5 to get in touch to facilitate a letter of appreciation from the Chair for their efforts throughout the pandemic. Overview of CIO activities 2021 was a year in which the lockdown restrictions were gradually eased throughout the UK but at times regre55ed 3nd the CIO was at all times consciovsly aware of all key update5 and has ensured that all protoco15 and safeguards have been followed in ensuring members of the community are updated on all events and services throughout the year and ecclesiastical services such as bible studies and A55yrian Language classes taught by the Church Èither remotely via social media Apps or In-person if the re8ulations allowed. The CIO has a150 been involved with several IC￿al charttable campaign5, includin8 toy drives whlch Is done every year amonB it5 charitable actSvities. tem nt of Trustees, res on The Trustees are responsible for prepadng the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accountin8 Standards (United Kingdom Generally Accepted A¢¢ou#tin8 Prath'cel. The law appllcable to charities in England & Wales requires the Trustees to prepare financial statements for each flnanclal year whlch give a true and fair vlew of the state of affalrs of the Charity and of it5 Incoming resource5 and application of resources. includlng Its in¢orne and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select Suitable a¢tountin¥ p¢li¢ie5 and then apply them conslstently.. • obseNe the methods and prlnclples of the Charities SORP IFRS 1021.. • make judgments and accounting estimates that are reasonable and prudent; state whether applicablè UK Accounting Standards IFRS 1021 have been followed, subjett to anv material departurès disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it ¢5 inappropriate to presume that the Charity will contintse in business. The Trustees are responsible for keepin8 adequate accountin8 records that are sufficient to show and explain the Charity'5 transactions and disc105e with reasonable accurary at any time the financial p951tion of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2(MX8 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detertion of Iraud and other irregularities. Approved by order of the member5 of the board of Tru5tee5 On . all Trustee5 as Set out below.. 2022 and signed bv Blshop Awraham Youkhanis Jonah David Michael Aoner Yonan **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2021** **St Mary's Cathedral, Assyrian Church of the East Westminster Road London W7 3TU UNITED KINGDOM** **Charity number 1186274** **----- Start of picture text -----**
PREPARED BY
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**Reference No: AS1191** **5** **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** **St Mary's Cathedral, Assyrian Church of the East Westminster Road London W7 3TU UNITED KINGDOM** **Charity number 1186274** ## **TRUSTEES** **Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service** |**Name**|**Role**|**Date of Appointment**| |---|---|---| |**Bishop Awraham Youkhanis**|

**Chair**|**05-Nov-2019**| |**Jonah David Michael**|

**Secretary**|**15-Aug-2021**| |**Aoner Yonan**|
|**21-Dec-2021**| **6** **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** **St Mary's Cathedral, Assyrian Church of the East Westminster Road London W7 3TU UNITED KINGDOM** **Charity number 1186274** ## **Activities - how the charity spends its money** **The objects of the CIO are, for the public benefit, to advance the Christian faith in the tradition of the Holy Apostolic Catholic Assyrian Church of the East in the United Kingdom, primarily but not exclusively through the provision of a place or places of worship, the administration of the sacraments, rites and ceremonies of the Church according to its usage and forms.** **7** ## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** **TRUE AND FAIR OVERIDE - ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2021** **The accounts (financial statements) have been prepared in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice.** **The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.** **8** **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** **TRUSTEES' REPORT FOR THE YEAR ENDING 31 DECEMBER 2021** **The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the relevant version of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).** th **On 11 of November 2019 the charity was registered under CIO and took over the assets i.e. property, cash and other accumulated funds from the Assyrian Church of the East Association in accordance with the extraordinary general meeting held in November 2019.** **9** ## **INDEPENDENT EXAMINER’S REPORT** ## **To the members of the Holy Apostolic Catholic Assyrian Church of the East** I report to the trustees on my examination of the financial statements of the Holy Apostolic Catholic Assyrian Church of the East (“the charity”) for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed. ## **Responsibilities and basis of report** As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - Accounting records were not kept in respect of the charity as required by section 130 of the Act; or - The financial statements do not accord with those records; or  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) Regulation 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. We 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 financial statements to be reached. Date: 09/09/2022 **Account Solutionbiz Limited Vanguard Business Centre Office 5 Alperton Lane Greenford UB6 7AA** **Reference No: AS1191** **10** ## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021** |**INCOME AND EXPENDITURE**
**Note**
**INCOME FROM:**
Fundraising Activities
Donations and Legacies
1
Charitable Activities
2
Income from Other Trading Activities
3
Investments
4
COVIS 19 - Furlough Scheme
**TOTAL INCOME**
**EXPENDITURE ON:**
Charitable activities
5
Support Costs
6
**TOTAL EXPENDITURE**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUND CARRIED FORWARD**
10|**Unrestricted**
**2021**
**£**
-
150,742
3,904
5,448
24
40,962
**201,080**
80,767
52,697
**133,464**
**67,616**
854,161
**921,777**|**Unrestricted**
**2020**
**£**
305,046
170,148
-
-
499
47,193
**522,886**
94,857
61,003
**155,860**
**367,026**
487,135
**854,161**| |---|---|---| **11** ## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** ## **BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2021** |**Note**
**FIXED ASSETS**
Tangible assets
8
**CURRENT ASSETS**
Cash at bank and in hand
**LIABILITIES**
Creditors: amounts falling due within one year
9
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted funds
10
**TOTAL FUNDS**|**2021**
**£**
850,877
**850,877**
76,767
(5,867)
**70,900**
**921,777**
921,777
**921,777**|**2020**
**£**
805,371
**805,371**
115,281
(66,491)
**48,790**
**854,161**
854,161
**854,161**| |---|---|---| **12** **----- Start of picture text -----**
HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST
NOTES TO FINANCIAL STATEMENTS
1. Donations and legacies 2021 2020
£ £
Offerings 36,068 36,281
Contribution 34,397 15,057
Donations 45,359 72,795
Ladies Committee 21,942 12,124
Book Shop 80 1,203
Calendars 280 2,678
Diocesan Contribution 11,700 18,200
Tree of Life Magazine 815 340
Events Committee - 11,470
Amazon Smile 100 -
150,742 170,148
2. Charitable Activities 2021 2020
£ £
Youth Committee 3,904 -
3,904 0
3. Income from Other Trading Activities 2021 2020
£ £
-
Online Charity Store 1,367
Raffle Ticket Sales 1,875 -
-
Christmas Carols Night 2,207
5,448 0
4. Investments 2021 2020
£ £
Interest Income 24 499
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**13** ## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** ## **NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** |**5.**
**Expenditure on Charitable Activities**
**Note**
Staff Costs
Governance Costs
Youth Committee
Church Expenses
**5a**
**Staff Costs and numbers**
Salaries
Employer's NI Contribution
Employer's Pension Contribution
Number of staff
**6.**
**Support Costs**
**Note**
Clergy Travel & Accomodation
Transportation Expenses
Insurance
Webmail, IT and Alarm
TV Licence
Bishopric Expenses
Light and Heat
Water Rates
Telephone & Broadband
Printing, Postage and Stationery
Equipment Rental
Repairs & Maintenance
Events
Ladies Committee Expenses
Bishop Resettlement Expenses
Immigration Expenses
Merchant Fees
Cleaning and Waste Disposal
Depreciation
Occupation Health Costs
Sundry Expenses
Admin Charges
5a|**2021**
**£**
74,408
3,117
1,693
1,549
**80,767**
**2021**
**£**
70,000
2,308
2,100
**74,408**
3
**2021**
**£**
2,133
285
4,098
3,100
159
4,224
2,600
711
695
3,409
1,439
852
0
2,621
-
4,648
456
758
18,575
744
1,190
-
**52,697**|**2020**
**£**
83,834
9,769
885
369
**94,857**
**2020**
**£**
81,667
93
2,074
**83,834**
3
**2020**
**£**
3,772
5,249
5,104
3,735
315
-
2,144
251
1,865
8,420
906
3,633
-
8,616
14,777
-
164
1,932
-
120
**61,003**| |---|---|---| ## **7. Trustee Reimbursement Expenses** A reimbursement was made to Bishop Mar Awraham Youkhanis of £1,305.39 in relation to church travel expenses for the year ending 31st December 2021. **14** ## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST** ## **NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** |**8.**
**Fixed Assets - tangible assets**
**Freehold**
**Property**
**£**
**Cost / valuation**
01 January 2021
704,328
Additions
17,280
31 December 2021
721,608
**Depreciation**
01 January 2021
0
Charge for the year
0
31 December 2021
0
**Net book value**
31 December 2021
**721,608**
**Net book value**
31 December 2020
704,328
**9.**
**Creditors: Amounts falling due within one year**
Accruals for donations payable
Accrual for Church Admin Expenses
Bishopric Refurbishment loan
Kitchen refurbishment
PAYE & NI|**Refurb /**
**Fixtures &**
**Fittings**
**£**
86,205
42,301
128,506
0
14,865
14,865
**113,641**
86,205|**Motor**
**Vehicle**
**£**
13,975
0
13,975
0
3,494
3,494
**10,481**
13,975|**Equipment**
**£**
863
4,500
5,363
0
216
216
**5,147**
863
**2021**
**£**
4,026
-
-
450
1,391
**5,867**|**Total**
**£**
805,371
64,081
869,452
0
18,575
18,575
**850,877**
805,371
**2020**
**£**
1,000
6,953
57,452
0
1,086
**66,491**| |---|---|---|---|---| ## **10. Statement of Funds** |**Unrestricted funds - CURRENT PERIOD**
General Funds
Total funds
**Unrestricted funds - PRIOR PERIOD**
General Funds
Total funds|**Balance at**
**1 January**
**2021**
**£**
854,161
**854,161**
**Balance at**
**1 November**
**2019**
**£**
487,135
**487,135**|**Income**
**£**
201,080
**201,080**
**Income**
**£**
522,886
**522,886**|**Expenditure**
**£**
(133,464)
**(133,464)**
**Expenditure**
**£**
(155,860)
**(155,860)**|**Balance at**
**31 December**
**2021**
**£**
921,777
**921,777**
**Balance at**
**31 December**
**2020**
**£**
854,161
**854,161**| |---|---|---|---|---| **15**