## **Trustees' Report**
For the Year Ended 31 December 2022
**Holy Apostolic Catholic Assyrian Church of the East** (Charity Number: 1186274)
## Activities
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.
## Trustees
Trustees during the year and since year end were:
**Name Role Date** Bishop Awraham Youkhanis Chair App. 05 November 2019 Deacon Younan David Michael Trustee and Secretary App. 15 August 2021 Deacon Aoner Yonan Trustee App. 21 December 2021
## Financial Reporting and review
The Trustees have reasonable expectation that the CIO has adequate resources to continue operating for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
The Trustees review the amount of reserves that are required to ensure that they are adequate to fulfil the CIO’s continuing obligations on a regular basis at their board meetings.
## Structure, Governance, and management
The CIO was formed through a constitution dated 21[st] October 2019 and commenced activity on 5[th] November 2019.
The CIO is governed by a constitution which was submitted for approval of the Charity Commission prior to registration which has not been amended. In setting objectives and planning activities the Trustees have given due consideration to the general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a Charity (PB2)
1
## Funding
The CIO’s primary sources of funding come from parishioners and supporters of the Assyrian Church of the East in the United Kingdom. Donations are collected in general and for proposed projects undertaken by the CIO.
## Regulations and safeguarding
The CIO’s Trustees have implemented processes and procedures for compliance of legal requirements of the CIO and its activities:
- a) DBS Checks – a safeguarding officer appointed and overseen by a member of the Trustees has established the CIO’s safeguarding policy and identified members of the CIO’s Trustees and appointed committee members for DBS certification.
- b) Insurance Policies – The CIO asked for external review of its property and areas of activity for full compliance of its legal obligations.
- c) Health and safety – Health and Safety policy implemented in areas of operation.
- d) Fire Risk Assessment – A risk assessment and Fire Plan were put in place for the Church building including exit and assembly points.
- e) Financial – the CIO has an established finance department to control its finances which included a member of the Trustees of the CIO
The Charity remains committed to adhering to all applicable regulations and standards, including those related to safeguarding. We have continued to review and update our safeguarding policies to ensure the safety and well-being of all members of our congregation, especially children and vulnerable adults.
## Overview of CIO activities
Church Renovations and Hall Construction: Thanks to the generous donations and efforts of our community, we successfully completed the construction of a new community hall during the year. This hall is essential for hosting a variety of community gatherings, events, and activities, catering to the needs of both the young and old members of our congregation. The project not only enhances our facilities but also strengthens the sense of community among our members.
The CIO has also been involved with several local charitable campaigns, including toy drives which is done every year among its charitable activities.
## Statement of Trustees’ responsibilities
The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees 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 incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles of the Charities SORP (FRS 102);
2
M2ke judgmcnt5 Ind accounting cstimkn that art reasonable and prudcn¢
Stare whether applicable UK Accountsng Stand2nts (FRS IO¥ have becn followuL subject ¢0
Prewe the financial ststements on the goiDg concern basis unless it is inappropti*te to presume
that the ChIry Twill cofttinue in bu5incss.
The Trustecs arc tcsponsible for keeping #d4uate *ccountll)g records th2t arc suffiacnt to show and
exp]ain the Charity's tr3nsactions 2nd disdose with reasonable accuracy at gny time the fitwlcial position
of the CharitlP 2nd enable them ¢0 ensutt that the financial statements compty vjith the Charities Act
2011, the Charity (Accounts 8nd RetK)ns) RelatiOnS 2(X)8 2nd the provisions of the Trust deed. They
*re also tesFK)nsibic for safeguarth the asscts of the Charity and hence fi)r takng rea50nablc stcps for
the prevenuon and dctcctioft of fr2ud and othcr ittclarirIC&
Approved by order of the members of the board of Trusttts oo 9 septem 21123 and signed on the&r
behalf by.
Dcacon Younan David chad
HOLY Aposfouc CATHOUC ASSYRIAN CHURCH OF THE EAST
STATEMENT OF FINA14CIAL ACTIVITIES
FOR THE YEAR ENDING 31 OECEMBER 2022
St Mary's Cathedrnl. Assyrian Churth of the East
Westmlnster Road
London W7 3TU
UNITED KINGDOM
Chartty number
1186274
PREPAREO BY
Account
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OUNTSOL
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Referen¢e No: A51191
## **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**|
|**Younan David Michael**|**Trustee**|**15-Aug-2021**|
|**Aoner Yonan**|**Trustee**|**21-Dec-2021**|
**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.**
## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST**
**TRUE AND FAIR OVERIDE - ACCOUNTS FOR THE YEAR ENDING 31 DECEMBER 2022**
**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.**
## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST**
## **TRUSTEES' REPORT FOR THE YEAR ENDING 31 DECEMBER 2022**
**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).**
## **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 2022 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(S)(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.
## \ **Account** (:; **Solutionbiz "'[" ]**
**Account Solutionbiz limited Vanguard Business Centre Alperton Lane Greenford UB67AA**
**Reference No: AS1191**
Date:05/09/2023
HOLY Aposfouc CATHOUC ASSYRIAN CHVRCH OF THE EAsr
STATEMENT OF FINANCIAL AcrivmES
FOR THE YEAR ENDED 31 OECEMBER 2022
Unrestrkted
2022
Unrestrirted
2021
INCOME AND fXPENDtTURE
Not•
INCOME FROM..
Donations and Legaaes
Charitable A¢tlviiles
Income from Other Tradine AciNlties
Investments
Ukraine Appeal
Government Grant Ukralne
COVID 19- Furlough Scherne
192,899
16.881
17.277
58
42.352
2,1(Xl
150,742
5,448
24
40,962
TOTAL IIKOME
171.567
201.080
EXPENDITURE ON:
Chafltable activities
99,065
92,601
42.352
12,416
80.767
52.697
Support Costs
Ukraine Appeal
Other Tradln8 Actlvlties
TOTAL EXPENDITURE
246,433
133.4164
NET MOVEMENT IN FUNDS
67.616
RECONCIUATION OF FUN05:
Total funds brou8ht forward
TOTAL FUNO CARRIED FOAWARO
921.777
854.161
946.911
921.777
HOLY AP05TOUC CATHOUC ASSYRIAN CHURCH OF THE EAST
8ALANCE SHEET
FOR THE YEAR ENDED 310ECEM8ER 2022
2021
2021
Nthe
FIXEO ASSETS
Tangible assets
893,768
893.761
850,877
a50?7
CURRENT ASSETS
Cash at bank and in hand
55,828
76,767
LIABILMES
Creditors.. amounts falling due wlthln one year
NET CURRENT ASSETS
li
12.6861
15.8671
53.143
70,900
946,911
921,777
FUNDS OF THE CHARfTY
Unrestflcted funds
12
946,911
921,777
TOTAL FUNDS
946,911
921,777
## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST**
## **NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
|1.|**Donations and legacies**|**2022**|**2021**|
|---|---|---|---|
|||£|£|
||Offerings|53,863|36,068|
||Contribution|32,833|34,397|
||Donations|63,375|45,359|
||Candles|845||
||Gift Aid|14,391||
||Ladies Committee|26,035|21,942|
||Book Shop|324|80|
||Calendars|953|280|
||Diocesan Contribution||11,700|
||Tree of Life Magazine|205|815|
||Amazon Smile|75|99.92|
|||**192,899**|**150,742**|
|**2.**|**Charitable Activities**|**2022**|**2021**|
|||**£**|**£**|
||Youth Committee|7,850|3,904|
||Edessa Language Class|1,210||
||Jeruselum Trip|2,100||
||Patriarchal visit|5,721||
|||**16,881**|**3,904**|
|**3.**|**Income from Other Trading Activities**|**2022**|**2021**|
|||**£**|**£**|
||Online Charity Store|81|1,367|
||Raffle Ticket Sales|0|1,875|
||Christmas Carols Night|4,750|2,207|
||Food Festival|12,446||
|||**17,277**|**5,448**|
|**4.**|**Investments**|**2022**|**2021**|
|||**£**|£|
||Interest Income|**58**|**24**|
## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST**
||**NOTES TO FINANCIAL STATEMENTS**|**NOTES TO FINANCIAL STATEMENTS**|||
|---|---|---|---|---|
||**FOR THE YEAR ENDED 31 DECEMBER 2022**||||
|**5.**|**Expenditure**on**Charitable Activities**|**Note**|**2022**|**2021**|
||||**£**|**£**|
||Staff Costs|**Sa**|74,332|74,408|
||Governance Costs||3,765|3,117|
||Youth Committee||2,896|1,693|
||Edessa School Expense||695||
||Jeruselum Trip||3,300||
||Patriarchal Visit||13,586||
||Church Expenses||490|1,549|
||||**99,065**|**80,767**|
|**Sa**|**Staff Costs and numbers**||**2022**|**2021**|
||||**£**|**£**|
||Salaries||70,000|70,000|
||Employer's NI Contribution||2,232|2,308|
||Employer's Pension Contribution||2,100|2,100|
||||**74,332**|**74,408**|
||Number of staff||3|3|
|**6.**|**Support Costs**|**Note**|**2022**|**2021**|
||||**£**|**£**|
||Clergy Travel & Accomodation||6,582|2,133|
||Transportation Expenses||486|285|
||Insurance||4,897|4,098|
||Webmail, IT and Alarm||5,504|3,100|
||TV Licence||159|159|
||Bishopric Expenses||4,310|4,224|
||Light and Heat||4,875|2,600|
||Water Rates||1,164|711|
||Telephone & Broadband||568|695|
||Printing, Postage and Stationery||3,998|3,409|
||Equipment Rental||957|1,439|
||Repairs & Maintenance||10,237|852|
||Ladies Committee Expenses||3,903|2,621|
||Immigration Expenses||373|4,648|
||Merchant Fees||619|456|
||Cleaning and Waste Disposal||763|758|
||Depreciation||28,601|18,575|
||Clergy Resettlement Costs||7,489||
||Patriarchal Travel||5,928||
||Occupation Health Costs|||744|
||Sundry Expenses||1,188|1,190|
||||**92,601**|**52,697**|
|**7.**|**Ukraine Appeal**||**2022**|**2021**|
||||**£**|**£**|
||Ukraine Appeal||42,352||
||||**42,352**||
|**8.**|**Expenditure on Other Trading Activities**|**Note**|**2022**|**2021**|
||||**£**|**£**|
||Food Festival||11,027||
||Events||1,388||
||||**12,416**||
## **9. Trustee Reimbursement Expenses**
A reimbursement was made to Bishop Mar Awraham You khan is of £5,821.59 in relation to church travel and sundry expenses for the year ending 31st December 2022
## **HOLY APOSTOLIC CATHOLIC ASSYRIAN CHURCH OF THE EAST**
## **NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
|**Freehold**
**10.**
**Fixed Assets - tangible assets**
**Propery**
£
**Cost/ valuation**
01 January 2022
721,608
Additions
31 December 2022
721,608
**Depreciation**
01 January 2022
Charge for the year
31 December 2022
**Net book value**
31 December 2022
**721,608**
**Net book value**
31 December 2021
721,608
**11.**
**Creditors: Amounts falling due within one year**
Accruals for donations payable
Kitchen refurbishment
PAYE & NI
**12.**
**Statement of Funds**|**Refurb /**
**Fixtures &**
**Fittings**
£
113,641
89,388
203,028
14,865
23,738
38,603
**164,425**
113,641||**Motor**
**Vehicle**
£
10,481
10,481
3,494
3,494
6,988
**3,494**
10,481|**Equipment**
**£**
5,147
678
5,825
216
1,369
1,585
**4,241**
5,147
**2022**
**£**
1,883
802
**2,686**||**Total**
£
850,877
90,066|
|---|---|---|---|---|---|---|
|||||||940,943
18,575
28,601
47,175|
||||||||
||||||||
|||||||**893,768**|
|||||||850,877|
|||||||**2021**
**£**
4,026
450
1,391
**5,867**|
|**Unrestricted funds - CURRENT PERIOD**
General Funds
Total funds
**Unrestricted funds - PRIOR PERIOD**
General Funds
Total funds|**Balance at**
**1 January**
**2022**
**Income**
£
£
921,777
271,567
**921,777**
**271,567**
**Balance at**
**1 January**
**2021**
**Income**
**£**
**£**
854,161
201,080
**854,161**
**201,080**|**Balance at**
**31 December**
**Expenditure**
**2022**
£
£
(246,433)
946,911
**(246,433)**
**946,911**
**Balance at**
**31 December**
**Expenditure**
**2021**
**£**
**£**
(133,464)
921,777
**(133,464)**
**921,777**|
|---|---|---|