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2025-12-31-accounts

ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31[st] DECEMBER 2025

ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31st DECEMBER 2025

CONTENTS

PAGE
CONTENTS 1
CHARITY INFORMATION 2
TRUSTEES REPORT 3-4
INDEPENDENT EXAMINER’S REPORT 5
STATEMENT OF FINANCIAL ACTIVITIES 6
BALANCE SHEET 7
EXPENDITURE 8-9
NOTES 10-11

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ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

Charity Information

For the Year Ended 31[st] December 2025

TRUSTEES {1} His Grace Bishop Antony (Chair) {2} Rev. Father Antonius Nagib Antonius {3} DR. Mamdouh Samy Massoud (Current secretary) {4} Dr. Naguib Fayez Naguib Guirgis(Current Treasurer) {5} Mr Youhanna Kamel {6} Mr Ramez Gamal {7} Dr.Nagy Gabriel {8} Mr. Ashraf Girgis {9} Ms. Marynet Mourad Rizkalla Bassily {10} Mr. Moris Mankaruis {11} Mr Julian Francis {12} Dr. Peter Halim Shehata Georgy SECRETARY Dr. Mamdouh Samy Massoud (currently and since May 2023) TREASURER Dr. Naguib Guirgis (currently and since November 2023) CHARITY NUMBER 1207077 Date of Registration CIO - ASSOCIATION Registered 19 Feb 2024 as amended on 23 Mar 2024 as amended on 23 Mar 2024 as amended on 08 Nov 2024 BANKERS {1} Natwest Bank {2} LLoyds Bank {3} LLoyds Bank

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ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

TRUSTEES REPORT FOR THE PERIOD ENDED 31st DECEMBER 2025

The trustees present their report and accounts for the period ended 31st December 2025

Trustees

The trustees named on page 2 served throughout the period. Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death.

Structure, Governance and Management

The charity is constituted as a Charitable Incorporated Organisation (CIO) and is governed by its Constitution, registered with the Charity Commission on 19 February 2024 (Charity No. 1207077). The CIO was established to take over the activities, assets and responsibilities of the unincorporated charity, St John Coptic Orthodox Church Bromley (Charity No. 1129949).

Constitution, Objects and Policies

The principal object of the CIO is to advance the Coptic Orthodox Christian faith through worship, pastoral care, community services and the maintenance of the church buildings and facilities at Wickham Court.

The trustees continue to support the development of the Wickham Court site, a Grade I listed building acquired in 2023, and have overseen significant work to adapt the premises for worship and community use.

Development, Activities and Achievements

During 2025, the trustees completed the operational transfer of activities from the unincorporated charity to the CIO. A transfer deed was executed on 1 December 2024, and during 2025 the CIO received the freehold property, motor vehicles, property improvements and other net assets. The Land Registry updates remain pending due to national processing delays.

The CIO has continued to operate all worship, pastoral and community activities throughout the year.

Financial Review

Total incoming resources for the period amounted to £231,077 , consisting mainly of donations and interest income. Expenditure for the period was £2 , relating to bank charges.

During the year, the CIO received the transfer of assets and operations from the unincorporated charity. These transferred assets, together with the income generated during the period, resulted in closing unrestricted funds of £2,488,843 at 31 December 2025. This includes £231,076 held in cash at bank at the year end.

The trustees consider the financial position of the CIO to be satisfactory and in line with expectations for the first full operational year.

Future Plans

The CIO will continue the major repair, and restoration works at Wickham Court, including roof repairs, heating system upgrades, security improvements and refurbishment of the building fabric. The trustees will also continue to strengthen governance, financial controls and fundraising activities to support the long-term sustainability of the charity.

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Statement of Trustees’ Responsibilities

The trustees are responsible for preparing financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing these statements, the trustees must:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity, and for safeguarding the assets of the charity and taking reasonable steps to prevent fraud and other irregularities.

Approval

This report was approved by the trustees on 08/06/2026 and signed on their behalf:

Dr Naguib Guirgis , Trustee & Treasurer

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Independent Examiner's Report to the Trustees of St Mary & St John Coptic Orthodox Church & Centre

I report to the trustees on my examination of the financial statements of St Mary & St John Coptic Orthodox Church & centre, Bromley (the charity) for the year ended 31 December 2025.

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 2011 Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the 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 which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Accountant

Mahir Tawfig FMAAT

Dated: 09/06/2026

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ST MARY & ST JOHN

COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

Statement of Financial Activities for the Year Ended 31st Dec 25

Note.
INCOMING RESOURCES
Sales/Donation
Sunday Credit
Gift Aids Recovered
Interest Receivable
Total Incoming Resources
RESOURCES EXPENDED
Charitable expenditure
Management and administration of the
charity
1
Total Resources Used
Net Movement in Funds for the period
RECONCILIATION OF FUNDS
Total funds brought forward 31/12/2024
TOTAL FUNDS CARRIED FORWARD
31/12/2025		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2025
2025
2025
2024
£
£
£
£
226632
0
226632
0
0
0
0
0
0
0
0
0
4445
0
4445
0
231077
0
231,077
0
2
0
2
0
2
0
2
0
231,076
0
231,076
0
2,257,768
0
2257768
0
2,488,843
0
2488843
0

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ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

BALANCE SHEET AS AT 31ST DECEMBER 2025

Note
Fixed Assets
Tangible Assets
2
Free hold Property
Improvement Property
CURRENT ASSETS
Debtors
Cash at bank
Total Assets
CURRENT LIABILITIES
Trade Creditors
Long Term Liabilities
Loan
Total Current Liabilities
NET ASSETS
Funds
Unrestricted Funds
Total Funds		 31.12.25
£
13500
1991766
252502
0
231,076
2,488,843
0
0
0
2,488,843
2,488,843
2,488,843		 31.12.24
£
0
0
0
0
0
0
0
0
0
0
0

This financial statements were approved and authorised for issue on 08/06/2026 and signed on behalf of

the Trustees by

Dr Naguib Guirgis , Trustee & Treasurer Dr Mamdouh Massoud , Secretary

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ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE

BROMLEY

NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31ST DECEMBER 2025

1. Charitable Expenditure
Management & Administration of Charity
Priest Accommodation, Salaries & Expenses
Clergy Living expense
Motor & Travelling Expense
Car Depreciation
Church Expenses
Rates and water
House light & Heat
Council Tax
Telephone Bill
Premises Insurance
Stationery & postage
Repairs & Renewal
Legal & Professional Fees
Sundries
Charitable donation
Sunday school expenses
Administration Costs
Bank Charge
Net Movement in Funds		 2025
£
0
0
0		 0
0
2		 2024
£
0
0
0		 0
0
0
0
0
0
0
0
0
0
0
0
0
0		 0
0
0
0
0
0
0
0
0
0
0
2 0
2 0

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ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

2. Tangible Assets
Cost
At 1 Jan 2025
Additions
At 31 Dec 2025
Depreciation
At 1 Jan 2025
Charge for the year
At 31 Dec 2025
Net Book Value
At 31 Dec 2025		 Free Hold
Motor
Improvement
Totals
Property
Vehicles
Property
£
£
£
£
1991766
13500
252502 2,257,768
0
0
0
0
1991766
13500
252502 2,257,768
0
0
0
0
0
0
0
0
0
0
0
1,991,766
13,500
252,502 2,257,768

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ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

Year ended 31[st] December 2025

Accounting Policies

Basis of Preparation of Accounts

The accounts are prepared under the historical cost convention and include the results of the charity’s operations. The accounts have been prepared accordance with the Statement of Recommended practice for Charity Accounts.

The charity has taken advantage of the exemption to produce a cash flow statement on the ground that it qualifies as a small charity.

Income

Voluntary income and donation are accounted for as received by the charity.

Management and Administration Expenditure

Expenditure on management and administration of the charity includes all expenditure. not directly related to the charitable activity.

Members of the church council who served during this period are stated below.

Mahir Tawfig

FMAAT

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ST MARY & ST JOHN COPTIC ORTHODOX CHURCH & CENTRE BROMLEY

Year ended 31[st] December 2025

Note 3 – Transfer of Assets From the Unincorporated Charity (Worded Version Only)

On 1 December 2024, the unincorporated charity St John Coptic Orthodox Church Bromley (Charity No. 1129949) began the transfer of its assets and operations to the newly established CIO, St Mary & St John Coptic Orthodox Church and Centre (Charity No. 1207077).

During 2025, the CIO received the freehold property, motor vehicles, property improvements and other net assets. Certain balances, including some cash amounts, remained temporarily within the unincorporated charity at the year end and will be transferred in due course. The Land Registry updates relating to the property transfer remain pending due to national processing delays.

Note 4 – Related Party Transactions

No trustee received any remuneration or benefits from the CIO during the year. No trustee or connected person received reimbursement of expenses.

Note 5 – Taxation

The CIO is exempt from corporation tax on its charitable activities under Part 11 of the Corporation Tax Act 2010.

Note 6 – Funds

All funds held by the CIO are unrestricted. The closing balance represents the total of the tangible assets transferred from the unincorporated charity together with the income generated during the period and the cash held at the year end. No restricted or designated funds were held at any point during the period.

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