Charity Registration No: 1197248
St JOHN ORTHODOX CHURCH, CARDIFF
Trustees' financial statements For the Year ended 31.03.2025
Trustees: Rev. Molla Takele Asresse Mr Robel Huluka Amenty Miss Fetty Aberra Mr Fanule Seyoum Degaffe Mrs Bezawit Habtom Deacon Mulie Adugna Alemu Chairman: Rev. Molla Takele Asresse Secretary/ Treasurer: Miss Fety Aberra
St JOHN ORTHODOX CHURCH, CARDIFF
For the Year ended 31.03.2025
| Page | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Legal and administrative information | 1 | ||||||||||
| Trustees' report | 2 | ||||||||||
| Statement of financial activities | 3 | ||||||||||
| Balance Sheet | 4 | ||||||||||
| Notes to the financial statements | 5 -6 | ||||||||||
Page 1 St JOHN ORTHODOX CHURCH, CARDIFF For the Year ended 31.03.2025 Legal and administrative information
Status
The Organisation is a charity registered with the Charity Commission since 22 December 2021. The charity is governed by its Constiutiuion.
| Registered office address: | Trinity Centre | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Four Elms Road, Piercefield PL | ||||||||||
| Cardiff | ||||||||||
| CF24 1LE | ||||||||||
| Banking | HSBC Bank | |||||||||
| 96 Queen St | ||||||||||
| Cardiff | ||||||||||
| CF10 2RG | ||||||||||
Page 2
St JOHN ORTHODOX CHURCH, CARDIFF Notes to the financial statements For the Year ended 31.03.2025
Accounting polices
This report and accompanying financial statements have been prepared in accordance with the Statement of Recommended Practice; Accounting and Reporting by Charities 2005 and the special provisions of the Companies Act 2006 relating to small entities.
Incoming resources
All funds are unrestricted Collections are recorded when received. Donations is recorded when the income is recognised. Funds raised by the committee members at the special spiritual program events are accounted for gross. Income are accounted for gross.
Fixed Asset
All assets costing more than £70 are capitalized.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life on a straight line.
Expenditure
All expenditure is generally recognised when it is incurred and is accounted for gross.
Page 3
St JOHN ORTHODOX CHURCH, CARDIFF Statement of Financial Activities
For the year ended 31 March 2025
| Note | 2025 | 2024 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Incoming Resources | |||||||||||||
| Voluntary income | 1 | 518.00 | 1,394.00 | ||||||||||
| Income from church activities | 0.00 | 1,300.00 | |||||||||||
| Building fund | 0.00 | 0.00 | |||||||||||
| Other charitable income 2 |
49.00 | 2,275.00 | |||||||||||
| Total Incoming Resources | 567.00 | 4,969.00 | |||||||||||
| Resources Expended | |||||||||||||
| Rent | 1,188.00 | 800.00 | |||||||||||
| Travelling costs | 750.00 | 800.00 | |||||||||||
| Allowance | 150.00 | 0.00 | |||||||||||
| Insurance | 0.00 | 0.00 | |||||||||||
| Other charitable expenses | 400.00 | 0.00 | |||||||||||
| Postage printing and stationery | 83.00 | 0.00 | |||||||||||
| Sundry expenses | 200.00 | 0.00 | |||||||||||
| Depreciation | 100.00 | 100.00 | |||||||||||
| 2,871.00 | 1,700.00 | ||||||||||||
| Net Movement in Funds | -2,304.00 | 3,269.00 |
The trustees acknowledge their responsibilities for:
(i) ensuring that the charity keeps proper accounting records.
(ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of
the financial year and of its Net movement in funds for the financial year in accordance with the requirements of the charity commission.
The annexed notes form part of these financial statements.
Page 4
| St JOHN ORTHODOX CHURCH, CARDIFF | St JOHN ORTHODOX CHURCH, CARDIFF | St JOHN ORTHODOX CHURCH, CARDIFF | St JOHN ORTHODOX CHURCH, CARDIFF | |||||
|---|---|---|---|---|---|---|---|---|
| Balance Sheet | ||||||||
| As at 31 March 2025 | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | £ | £ | |||||
| Fixed Assets | 4,670.00 | 4,770.00 | ||||||
| Current Assets | ||||||||
| Cash at bank and in hand | 64,495.00 | 66,699.00 | ||||||
| Receivables | 0.00 | 0.00 | ||||||
| 64,495.00 | 66,699.00 | |||||||
| Current liabilities | ||||||||
| CREDITORS: | ||||||||
| Amounts falling due within one year | 0.00 | 0.00 | ||||||
| Net current assets | 64,495.00 | 66,699.00 | ||||||
| TOTAL ASSETS LESS LIABILITIES | 69,165.00 | 71,469.00 | ||||||
| Long Term liabilities | 0.00 | 0.00 | ||||||
| Net Assets | 69,165.00 | 71,469.00 | ||||||
| Accumulated Funds | ||||||||
| Balance Brought Forward | 71,469.00 | 68,200.00 | ||||||
| Surplus of income over expenditure | -2,304.00 | 3,269.00 | ||||||
| As at 31 March 2022 | 69,165.00 | 71,469.00 |
The trustees acknowledge their responsibilities for:
(i) Ensuring that the charity keeps proper accounting records.
(ii) Preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its Net movement in funds for the financial year in accordance with the requirements of the charity commission.
Page 5 St JOHN ORTHODOX CHURCH, CARDIFF Notes to the Financial Statements - (Continued) For the year ended 31 March 2025
| 1- Voluntary Income | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2024 | ||||||||||
| £ | £ | ||||||||||
| Open Plate Collection | 400.00 | 420.00 | |||||||||
| Donation | 118.00 | 394.00 | |||||||||
| 518.00 | 814.00 | ||||||||||
| 2 - Other Income | |||||||||||
| 2025 | 2024 | ||||||||||
| £ | £ | ||||||||||
| Membership | 40.00 | 1,725.00 | |||||||||
| Wedding service | 0.00 | 0.00 | |||||||||
| Christening service | 0.00 | 50.00 | |||||||||
| Funeral Service | 0.00 | 0.00 | |||||||||
| Other income | 9.00 | 500.00 | |||||||||
| 49.00 | 2,275.00 |
Page 6
St JOHN ORTHODOX CHURCH, CARDIFF Notes to the Accounts For the year ended 31 March 2025
| 4. TANGIBLE FIXED ASSETS | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Fixtures, fittings & |
|||||||||
| equipment | |||||||||
| COST | £ | ||||||||
| Balance at 1 April 2024 | 5,670.00 | ||||||||
| Disposals | 0.00 | ||||||||
| Additions | 0.00 | ||||||||
| At 31 March 2025 | 5,670.00 | ||||||||
| DEPRECIATION | |||||||||
| Balance at 1 April 2024 | 900.00 | ||||||||
| Charge for the year | 100.00 | ||||||||
| At 31 March 2025 | 1,000.00 | ||||||||
| NET BOOK VALUE | |||||||||
| Balance at 31 March 2025 | 4,670.00 |