OpenCharities

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2021-12-31-accounts

SORP reference
Trustee have evaluated
the outcomes ofour
services provided to seeifwe are benefiting
Summary
ofthe main
achievements
ofthe charity,
Para 1.20 those who use them or have access to them
and are as follows:
identifying
charity's
the
work
difference the
has made to
l, The Charity's
activities are beneficial as
the circumstances ofits they provide religious worship
and
beneficiaries
and
any wider ceremonies to those residing in Portsmouth.
benefits to society as a
whole.
People who use our weekly religious service
have benefited
and has apositive impact on
their mental health and spiritual
growth.
2,The charity has helped newly immigrated
people to integrate to the UK culture without
having to forego their own cultural
identity.
3, We' ve also used the Church more
regularly
as aworship
space with an
increasing
number ofBaptisms and
occasional Weddings.
Achievements
against
Para 1.41
objectives set
Performance
offundraising
activities against objectives Para 1.41
set
Investment
performance
Para 1.41
a ainst obectives

other

Financial Review Financial Review Financial Review
Review ofthe charity's
financial
position at the end
ofthe period
Para 1.21 The charity's
financial
position falls under the
f25000turnover. There is an operating
deficit
for this year which reflects very difficult
operating
during Covid19 restriction
and short-
Statement
explaining
the
policy for holding reserves
stating
why they are held
Para 1.22 term reduction
in income from membership
fee.
The charity held reserves ofapproximately
f15000at year end. Reserves are held to enable
unforeseen
payments,
equipment,
facilities, and
bills to be
aid.
Amount
ofreserves
held Para 1.22 K1SOOO
Reasons for holding zero Para 1.22
reserves
Details offund materially in Para 1.24
deficit
Explanation
ofany
uncertainties
about the
Para 1.23 None currently
charity continuing
as
a going
concern

Description
of charity's
trusts:
Type ofgoverning
document
Para 1.25 Trust deed
(tfUst deed, fo al charter)
How is the charity Para 1.25 Clo
constituted?
(e.g untncorporated
association.
CIO)
Trustee selection methods
including
details ofany
Para 1.25 The existing Trustees elect by church members
and committees
constitutional
provisions
election to post or name
e.g.
of
any person or body entitled
to appoint one or more
trustees
Additional
information
(optional)
You ma
choose to include further statements
where relevant about
Policies and procedures
adopted for the induction and
training
oftrustees
The charity's
organisational
structure
and any wider
Para 1.51
network
with which the
charity works
Relationship
with any related
Para 1.51
parties
Other

ame s ofthe charity trustees s ofthe charity trustees who manage the charity
Trustee name Office {ifany) Dates acted ifnot for whole
ear
Name
to a
ofperson {orbody) entitled
oint trustee
ifan
Teklit Brhane
Freweini Solomon sium
Zeray Adonay
Major Adhanom
Mebrak Ghebretadius
Rostom
6 Yirgalam Bahrem
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Funds held as custodian trustees on behalf ofothers Funds held as custodian trustees on behalf ofothers Funds held as custodian trustees on behalf ofothers
Description
ofthe assets
Not applicable
held
in this capacity
Name and objects ofthe
charity on whose behalf
the Not applicable
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements
safe custody and
for Not applicable
segregaiion
ofsuch assets
from the charity's
own assets

e
e
4 0 ~ 4
~ ~ e
~
~ ~ 4
e ~
Bl Cash funds Unrestricted
funds
to nearest R
Restricted
funds
to nearest R
Endowment
funds
to nearest R
Totat cash funds
(agree balances with receipts and payment s
account(s)):c',:on:":„'
82 Other monetary assets Details Unrestricted
funds
to nearest
K
Restricted
funds
to nearest R
Endowment
funds
to nearest
K
83Investment
assets
De'tails Fund to which
asset belon s
Cost (optional) Current value
o tional
84Assets retained for the Details Fund to which
asset belon s
Cost (optional) Current value
o tional
charity's
own use
85 Liabilities Details Fund towhich
liabili
relates
Amount due
o tional
When due
o tional
Signed by one or two trustees on
behalf ofall the trustees Signature Print Name Date of
a roval