**REGISTERED CHARITY NUMBER: 1194649** 

Report of the Trustees and 

Financial Statements for the Period 2 June 2021 to 31 March 2022 

for 

Debre Meheret St Michael EOTC 

A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS 



Debre Meheret St Michael EOTC 

Contents of the Financial Statements for the Period 2 June 2021 to 31 March 2022 

|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement of Financial Activities||4||
|Balance Sheet||5||
|Notes to the Financial Statements|6|to|7|
|Detailed Statement of Financial Activities||8||





Debre Meheret St Michael EOTC 

for the Period 2 June 2021 to 31 March 2022 

## Report of the Trustees 

The trustees present their report with the financial statements of the charity for the period 2 June 2021 to 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Significant activities** 

The following activities have been the key priorities in the first and second quarter for the Parish council form the beginning April 2021 to March 2022. Following the recent pandemic, the church had a responsibility of insuring that those services which continued online via platforms merge back into physical church services. This required. 

- 1) The active arranging of monthly and sometimes weakly liturgical services. 

- 2) Monitoring and increasing call out to the members to follow covid safety regulations in public and in church. Active callouts to increase the attendance of the members via messages calls and social media platforms. 

3) Sunday service was also introduced back to encourage church attendance. Once the church attendance was back to pre-covid numbers in the latter parts of the parish council was able to continue its activities. 

- 4) Liturgy once every two weeks:  Including the head Priest and the current deacons in Sheffield we invited multiple priests and deacons for liturgical service. 

- 5)  Sunday gospel service once every two weeks. Preaching and hymns on Sunday afternoons. 

- 6) Sunday school weekly.Teaching Geez language speaking reading and hymns and Bible study. Also teaching about the pillars of Tewahedo church history and Ethiopian culture. 

- 7) Annual celebration of St Michael. 

- 8)  Around 20 new-born christenings form existing and new church members 

Working to support current migrants also commenced in that year with the collaboration of St. Andrews United reform church and its members. This includes preparing cousins for migrants from the Ethiopian and Eritrean community that are currently in different parts of Sheffield. Many of the migrants are not able to get food that is familiar to them, this can have negative effects on their physical wellbeing, the collaboration also supports migrants by giving them a chance to have a conversation and talk to members of the church and gives them a change to interact with each other. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1194649 

## **Principal address** 

Upper Habover Street Sheffield S3 7RQ 

## **Trustees** 

S Workneh T Nugussie S Taye Tulu (appointed 7.8.22) F Tesfaye (appointed 7.8.22) Dr T Mekonnen (appointed 7.8.22) B T Alemu (appointed 7.8.22) S B Mahary N Sentayehu D Tenagashaw 

Page 1 



Debre Meheret St Michael EOTC 

for the Period 2 June 2021 to 31 March 2022 

## Report of the Trustees 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Independent Examiner** 

A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS 

Approved by order of the board of trustees on 27 February 2023 and signed on its behalf by: 

S Workneh - Trustee 

Page 2 



Independent Examiner's Report to the Trustees of Debre Meheret St Michael EOTC 

## **Independent examiner's report to the trustees of Debre Meheret St Michael EOTC** 

I report to the charity trustees on my examination of the accounts of Debre Meheret St Michael EOTC (the Trust) for the period 2 June 2021 to 31 March 2022. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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: 

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

2. the accounts do not accord with those records; or 

3. the accounts 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. 

Akhtar Hussain FFA FIPA A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS 

27 February 2023 

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Debre Meheret St Michael EOTC 

|Statement of Financial Activities|||
|---|---|---|
|for the Period 2 June 2021 to 31 March 2022|||
|||Unrestricted|
|||fund|
||Notes|£|
|**INCOME AND ENDOWMENTS FROM**|||
|Donations and legacies||53,725|
|**EXPENDITURE ON**|||
|Raising funds||15,848|
|**NET INCOME**||37,877|
|**RECONCILIATION OF FUNDS**|||
|Total funds brought forward||84,777|
|**TOTAL FUNDS CARRIED FORWARD**||122,654|



The notes form part of these financial statements 

Page 4 



Debre Meheret St Michael EOTC 

## Balance Sheet 31 March 2022 

|||Unrestricted|
|---|---|---|
|||fund|
||Notes|£|
|**CURRENT ASSETS**|||
|Cash at bank and in hand||122,954|
|**CREDITORS**|||
|Amounts falling due within one year|3|(300)|
|**NET CURRENT ASSETS**||122,654|
|**TOTAL ASSETS LESS CURRENT**|||
|**LIABILITIES**||122,654|
|**NET ASSETS**||122,654|
|**FUNDS**|4||
|Unrestricted funds||122,654|
|**TOTAL FUNDS**||122,654|



The financial statements were approved by the Board of Trustees and authorised for issue on 27 February 2023 and  were signed on its behalf by: 

S Workneh - Trustee 

The notes form part of these financial statements 

Page 5 



Debre Meheret St Michael EOTC 

Notes to the Financial Statements for the Period 2 June 2021 to 31 March 2022 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the period ended 31 March 2022. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the period ended 31 March 2022. 

Page 6 

continued... 



Debre Meheret St Michael EOTC 

Notes to the Financial Statements - continued for the Period 2 June 2021 to 31 March 2022 

## **3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

£ 

Other creditors 

300 

## **4. MOVEMENT IN FUNDS** 

|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 2.6.21|in funds|31.3.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|84,777|37,877|122,654|
|**TOTAL FUNDS**|84,777|37,877|122,654|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|53,725|(15,848)|37,877|
|**TOTAL FUNDS**|53,725|(15,848)|37,877|



## **5. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the period ended 31 March 2022. 

Page 7 



Debre Meheret St Michael EOTC 

£ 

Detailed Statement of Financial Activities for the Period 2 June 2021 to 31 March 2022 

|**INCOME AND ENDOWMENTS**<br>**Donations and legacies**<br>Donations<br>Donations re Altar purchase<br>Donations re rent<br>Membership fees<br>Christening<br>Direct debit donations<br>**Total incoming resources**<br>**EXPENDITURE**<br>**Raising donations and legacies**<br>Sundries<br>Rent<br>Travel costs<br>Service day allowances<br>Accountancy fees<br>Total resources expended<br>**Net income**|24,204<br>8,433<br>1,514<br>346<br>970<br>18,258|
|---|---|
||53,725|
||53,725<br>1,939<br>6,352<br>2,817<br>4,440<br>300|
||15,848|
||15,848|
||37,877|



This page does not form part of the statutory financial statements 

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