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2021-01-31-accounts

Registered CharitlT No: 1187641 ST MARY ERITREAN OR'fHODOX TF.WAHDO CHURLII ANNUAL REPORT AND Accouwrs FOR THE YEAR r.NDED I)N JANUARY 29, 2021

Rt. POKTS OF 'I'HE'I'KUS'I'E.:Tr.S The trustees prL'SLnl .their rei)orts iiith illlctiiditecl fi11￿1n(.1lil ftiltemonts ol the chLiritj for the ycar Lnded ui) ,l<lnUcif}' 29, 20')1. -1IIL trii.4tClS% hilve 11101)ted the Repiitilie ()I' Irel<lnd11.-RS i(}fj) wliiLII Ib effectii'e as uf .IdllUdlV 1. 2()19. Objec'tives and activities ecliii'es, publiL LelLbJ'cltion vf ii,lik7ioiits I'v.4tik'v, proi'LSiI)n ul. i?ilStoinl LcifL' (?nd outreaLh work to LnliklitLJI UtIIL'I'% cibuul tIiL Clii'i.%tliin Oithi)Il()x rclikioii. The Charity l)as heen pi'ni'iding the fnllviwiig seii'iLL¥b aiid ivill L()titii)ue to provide iii dLLordanLY With it.4 L,haritcil)Iv mi%.%ii)n £ll)Il ()bJ(￿tIl.l'.%.. commiinit}- the Il()c'triiio Lijid priJicii¥lL'5 01- 1'-I'itIL'Jii Oitlivil()x Teh'Jli(lu Lhiirch. Tv uiiei'atL' ai)d i)ron)ote voutli dctiiih. hoth .Epii'iliictl ￿7n(l ph}'SlLal tu ijiclude the Pro￿7s1o￿ of Sunday bLliuol. i'()utli ii)LeliiikT.4 dll(I laiiiili Ii'ip.%. I'o provido ii'Lckli' Inii&.SLS, PL'rlvi'iiiLIIILL vl. tliL ritp.% ol m£ifiidxe, chri.8teiiiiig, funer(21 %enice.q Lind (Itlier ceI'Lilli)Iiic'S clLL'UI'diiig Irj the i)riiiciple% ol Li'itrean Urtliudox ehurcl). ALhievL'menl uncl pL'rf()rniiinc'L ul)jeLtivets lo pr()mnte tlie Eriti'e¢1n Orth(i(lu¥ TL'ivalidu cliiirLlI. DUL, tv tlie pJtidL'IniL iiiid 2)<ltioJidl l()Lk(lo¥i'n ei'i'ji tlioiixli SOlliL' nf tlie %L'TrILL'5 11'eJ'L¥ Lh£illenkFill8 <'irciini%liinLe.£. M(J%l uf ihL' .%ei'% ILL'S Ml)iL.Ii inLlii(1('4 w'eekli- ni£l.%.g eThiees. 'I'he trii8tLLS aiicl board ul liiiiIiageiiieJit buLlI' lidl'e al.40 Ll)ndiicted several conlerenees and meeting virliiLillJ' lo ei'alualL' aiiil (Inalj'se tlie pi-()xres.% uf tliL LhJi-ity.

Organisation lkne cliai'ili. 1% bdbLxI iii Bii'nJinsh LIIL, Li>Jigi'i'k' of ihL' Lhaiit). by Lidi" thL Cl)nkyregLltion tur .￿e￿PiCe imi)r()I'Lbl])L'nt. 'L'o Iiiii'Ljic15L cliarili s uTr%'n a¢L()minixlalion f()r the LIIUL'LI) l() Lulli'LlliLnil! pi'v¥iclL %l)iritl)cil ￿ell as oilier rLlated SLfviLL to the Longi'L'g¢ltioii. RPiÉ)QeA y I. DA￿lE￿ 2 . Are￿0￿1 Wh66lL FINknkCE 3 1. 4)1.

Charity Registered number #

1187641

(Draft)

St Mary Eritrean Orthodox Tewahdo Church

Report and Unaudited Accounts

For the Year Ended 31 January 2021

St Mary Eritrean Orthodox Tewahdo Church Charity Information 1187641

Trustees

MR. BEREKET KEBEDE Trustee MISS LIDIA MULUGETA Trustee PRIEST. DANIEL NEAGASH TEKLEBERHAN Trustee MR. AFWORKI ANDEMARIAM Trustee

Reporting Accountants

Diamond Accountants & General Services Limited Office 3, 465 Coventry Road Small Heath Birmingham B10 0TJ

Bankers

NatWest Bank 1 St Philips Place Birmingham B3 2PT

Registered Office

Flat 37 37 Victor Tower Bloomsbury Street Birmingham B7 5BN

Registration Number

St Mary Eritrean Orthodox Tewahdo Church Notes to the Accounts for the year ended 31 January 2021

Accounting policies

Income

Income represents the value of donation income received during the year

£
£
1
Creditors: Amounts Falling due within
Accountnat's Fee
£
o
2021
500
500

2 Statement of Financial Activities

Income Resources
Membership
Donations
Loan
Total Incoming Resources
Total Expenditure
Net Incoming Resources for the Year
Fund balances brought forward
Movement in Year
Liabilities due less than 1 year
Fund balances carried forward
5
Net current assets
Liabilities Due after 1 year
Unrestricted
Funds
Restricted
Funds
£
£
2,276.00
379,368.30
135,137.78
0.00
0.00
0.00
0.00
0.00
0.00
0.00
516,782.08
0.00
16,249.07
0.00
500,533.01
0.00
138,988.81
0.00
365,395.23
0.00
0.00
504,384.04
0.00
504,384.04
0.00
135,137.78
0.00
639,521.82
0.00

St Mary Eritrean Orthodox Tewahdo Church Balance Sheet As at 31 January 2021

Notes
Fixed Assets
Current Assets
Debtors
Cash at bank and in hand
Creditors
Amount falling due within one year (Accountancy)
Creditors falling after one year
Total liabilities
Net Assets / (liabilities)
Capital and reserves
Retained Fund
Surplus for the year ended
Amount falling due after one year
Charity Funds
2021
£
£
639,521.82
639,521.82
0.00
0.00
135,137.78
504,384.04
138,988.81
365,395.23
0.00
504,384.04
2021
£
£
639,521.82
639,521.82
0.00
0.00
135,137.78
504,384.04
138,988.81
365,395.23
0.00
504,384.04
504,384.04
138,988.81
365,395.23
0.00
504,384.04

Prepared by Diamond Accountants

Approved by the board of Trustees on 08 / 02 / 2021

St Mary Eritrean Orthodox Christian Tewahdo Church

Statement of Profit or Loss for the year ended 31 Jan 2021

2021
£
Revenue 381,644.30
Cost of sales 0.00
Gross Income 381,644.30
Project related expenses 16,249.07
Surplus 365,395.23
Surplus carried forward 365,395.23

St Mary Eritrean Orthodox Tewahdo Church Schedule to the profit or Loss Account for the period ended 31 January 2021

2021 £

Income
Income from membership 2,276.00
Donations 379,368.30
Sponsorship 0.00
Collections 0.00
Other Income/ Refund 0.00
381,644.30

Project Related Expenses

Rent & Rate including Utility bill
Church Service
Equipment
Broad Band & Phone charges
Stationeries
Annual religious Celebrations
Travel Cost
Website
Volunteer Expenses
Baptism certificate
Training & Courses
Insurance Cost
Legal Fees (Surveyor)
Storage/Shed
Accountnat's Fee
Total Expenses
Net Surplus
1,818.00
756.00
1,277.07
0.00
0.00
2,000.00
0.00
72.00
8,400.00
0.00
0.00
352.00
1,074.00
0.00
500.00
16,249.07
365,395.23

St Mary Eritrean Orthodox Tewahdo Church

INCOME
Revenue B/fd Feb.20 Mär.20 Apr.20 Mai.20 Jun.20 Jul.20 Aug.20 Sep.20 Okt.20 Nov.20 Dez.20 Jän.21 TOTAL
Brough f/d 138,988.81 138,988.81
Membership 0.00 616.00 1,020.00 640.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,276.00
Donations 0 6,864.00 10,854.00 410.00 3,965.00 5,827.00 6,573.00 7,788.46 155,852.00 155,759.31 16,439.38 8,196.15 840.00 379,368.30
LOAN 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 72,020.00 53,000.00 0.00 0.00 10,117.78 135,137.78
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total INCOME 138,988.81 7,480.00 11,874.00 1,050.00 3,965.00 5,827.00 6,573.00 7,788.46 227,872.00 208,759.31 16,439.38 8,196.15 10,957.78 655,770.89
EXPENESES
Operating Expenses B/fd Feb.20 Mär.20 Apr.20 Mai.20 Jun.20 Jul.20 Aug.20 Sep.20 Okt.20 Nov.20 Dez.20 Jän.21 Total
Rent Venue + Storage Cost 0.00 674.00 484.00 484.00 10.00 8.00 8.00 10.00 8.00 5.00 4.00 0.00 123.00 1,818.00
Church Service 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 252.00 84.00 336.00 84.00 756.00
Equipment 0.00 0.00 0.00 0.00 749.57 0.00 0.00 0.00 527.50 0.00 0.00 0.00 0.00 1,277.07
Phone & BB 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Stationeries 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual religious Celbration 0.00 2,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,000.00
Travel Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Website 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 72.00 72.00
Volunteer Expenses 0.00 700.00 0.00 1,400.00 1,400.00 1,400.00 0.00 0.00 1,400.00 1,400.00 0.00 0.00 700.00 8,400.00
Baptism certificate 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Training & Courses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Insurance Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 352.00 0.00 0.00 0.00 0.00 0.00 352.00
Legal Fees (Surveyor) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,074.00 0.00 0.00 0.00 0.00 0.00 1,074.00
Storage/Shed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accountant's Fee 500.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 500.00
Total EXPENSES 500.00 3,374.00 484.00 1,884.00 2,159.57 1,408.00 8.00 1,436.00 1,935.50 1,657.00 88.00 336.00 979.00 16,249.07
Balance B/F
138,988.81
143,094.81
154,484.81
153,650.81
155,456.24
159,875.24
166,440.24
172,792.70
398,729.20
605,831.51
622,182.89
630,043.04
0.00
Total In
381,644.30
Total out
16,249.07
Balance C/F
138,988.81
143,094.81
153,650.81
155,456.24
159,875.24
166,440.24
172,792.70
172,792.70
398,729.20
605,831.51
622,182.89
365,395.23
639,521.82

Charlty ReO5tered nurnber 1187641 (Draft) St Mary Erftrean Orthodox Tewahdo Church Report and Unaudited Accounts Forthe Year Ended 31 january 2021

St Mary Erltrean Orthodox Tewahdo Church Charlty Informatlon 1187641 Trustees MR. BEREKET KEBEDE MISS LIDIA MULUGETA PRIEST. DANIEL NEAGASH TEKLEBERHAN MR. AFWORKI ANDEMARIAM Trustee Trustee Trustee Trustee Reportlng Accountants Dlamond Accountants & General SeNlces LIM￿ed Office 3, 465 Coventry Road Small Heath Birmingham BIO OTJ Bankers NatWe5t Bank I St Phlllps Place Blrmlngham B3 2PT ReBlstered Offlce Flat 37 37 Vi¢tor Tower Bloomsbury Street Birmingham B7 5BN Reglstratlon Number

St Mary Eritrean Orthodox Tewahdo Church

Accountants’ Report

Accountants’ Report to the Board of Directors on the unaudited accounts of

St Mary Eritrean Orthodox Tewahdo Church

In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 1985, we have compiled the accounts of the company for the year ended 31 January 2021 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the charity’s Board of Trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the accounts that we have been engaged to compile, report to the Company's Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Board of Trustees, as a body, for our work or for this report.

We have carried out this engagement in accordance with technical guidance issued by the Association for Accounting Technicians and have complied with the ethical guidance laid down by the Association relating to members undertaking the compilation of accounts.

You have acknowledged on the Balance Sheet as at 31 January 2021 your duty to ensure that the company has kept proper accounting records and to prepare accounts that give a true and fair view under the Companies Act 1985. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express an opinion on accounts.

Abdelalim Beshir/ Accountant

MAAT 10134252

Diamond Accountants & General Services Limited Office 3, 465 Coventry Road Small Heath Birmingham B10 0TJ

Date: 08/02/2021

3

St Miry ErltTean Orthodox Tewahdo Church Balan￿ Sheet As at 31)anyary2021 2021 FtsedA55ets Current K%sets Debtors C45h at bank and in hand 639.521A2 659.521A2 Cre¢lltors om Credttors fallln8 afterone year Total 1kb11￿leS 134137.78 NetA55etsi 504,384.04 Captsl Ind re5er¥e5 Retained Fund Surplu5 fortheyearended Amountfallin8due afterone year 138.98&AI 365.395.23 Charfty Fun& 504,384.04 Prepared by DlamondAccountants Appro%*d bytheboardofTru5teeson ￿ 1 02 1 2021

St Mary Erltrean Orthodox Tewahdo Church hedule to the profft or Los5 Account for the perlod ended 31 January 2021 2021 In<ome Infome from membershlp Donatlons 5ponsorshlp Collectl¢ns Other Incomel Refund 2,276. 379,368.30 381,644.30 Prolect Related Expenses Rent & Rate including Utility bill Church Service Equipment Broad Band & Phone charges Statlonerles Annual religious Celebrations Travel Cost Website Volunteer Expenses Baptlsm certlflcate Training & Courses Insurance Cost Legal Fee5 Isurveyorl Storagelshed Accountnat's Fee 1,818. 756. 1,277.07 2,￿0.c￿l 72.LlJ 8,400. 352.CKJ 1,074. 500.1X) Total Expenses 16,249.07 Net Surplus 365,395.23

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