ST STEPHEN'S COPTIC ORTHODOX CHURCH BELFAST TRUSTEES, REPORT AND FINANCIAL STATEMENTS YEAR ENDED 05,. APRIL 2024
STSTEPHEN'S COPTIC ORTHODOX CHURCH NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05th April 2024 CONTENTS PAGE CONTENTS CHARITY INFORMATION TRUSTEES REPORT INDEPENDENT EXAMINATION STATEMENT OF FINANCIAL ACTIVITIES 7 BALANCE SHEET EXPENDITURE NOTES 10
STSTEPHEN'S COPTIC ORTHODOX CHURCH BELFAST Charity Information For the Year Ended 05 APRFL 2024 Trustees {1} {2} {3} {4} {5} {6} His Grace BFshop Antony Dr Samir Hanna Mr Ezzat Ramzy Mr Amir Michael Dr Michael Mikhail Dr Adel Dawood Chairman His Grace Bishop Antony Secretary Dr Samir Hanna Treasurer Mr Ezzat Ramzy Charity Number 100966 Reglstered Office Rev. Alkomos Angilos Sedrak, Apartment 6, Ardilea House, 3 Chichester Park South, Belfast, BT15 5DW Date of Registration 08 December 2014 Independent Examiner IKLOUD Ltd 122 Twyford Road Harrow, Middlesex HA2 OSN Bankers HSBC Bank 5 Donegall Square South, Belfast England, BTI 5JP
STSTEPHEN'S COPTIC ORTHODOX CHURCH BELFAST th TRUSTEES REPORT FOR THE PERIOD ENDED 05 APRIL 2024 The trustees present their report and accounts for the period ended 05th April 2024. Trustees The trustees named on page 3 have served throughout the period and Appointment of trustees is governed by the Trust Deed of the charity. Investment Powers The Trust Deed authorizes the trustees to make and hold investments using the general Funds of the charity Constitution, Objects and Policies The charity was formed on 17th April 2011 and was registered with the Charity CommFssioners, registration number 100966 on 08th December 2014. The Charity is governed by the Charity commission and its Trust deed. Saint Stephen's Coptic Orthodox Church Belfast is an indrvisible part of the Copti¢ Orthodox Church of Egypt which has as its Supreme Head His Holiness the Pope of Alexandria and Patriarch of the See of St. Mark. The authority of His Holiness the Pope and the Holy Synod of the Coptic Orthodox Church extends to the entire See of Saint Mark, both in Egypt and abroad. Such authority cannot b9 changed, revoked, altered, defied or modified. The Custodian of the Charity is His Holiness the Pope of Alexandria and Patriarch of the See of St. Mark and His Grace Bishop Antony. The charity is managed by the Church Council Gonsisting of the Presiding Bishop, The Priests of the Church and not less than five Council Members, who shall be appointed from time to time by the Diocesan Bishop or His Holiness the Pope being the high8St authority in the Coptic Orthodox Church. His Holiness the Pop8 or the Diocesan Bishop may appoint in writing, any person he delegates to act on his behalf in this respect. All members of the Church Council are Trustees of the Charity. on ceasing to be a member of the Church Council, that individual will also cease to be a Trustee of the Charity. The object of the charity is to promote the Coptic Orthodox Church in the United Kingdom and North Ireland. In furtherance of this object the Trustees may provide and maintain places of public worship, carry on religious services, pay and provide for the housing of priests, hold religious and other meetings in connection with the Coptic Orthodox Church, provide assistance for the needy in the United Kingdom and abroad.
ST STEPHEN'S COPTIC ORTHODOX CHURCH BELFAST Development, Activities and Achievements During the year, the youths of the church attended and organised conferences, retreats and trips, in some cases in conjunction with other Coptic Churches in the UK and abroad. They have Sunday Schools, youth meetings, prayer meetings, Bible studies, and pre-and post graduate meetings. The church has sports activities and has football and tennis table teams which play and compete against teams of other Coptic Churches in the UK The churGh is open most days of the week for celebrating the Divine Liturgy, prayer meetings, seminars, group discussions, Bible studies, Coptic language lessons, Coptic hymns lessons and other church activities Financial Review The financial position of the charity is considered most satisfactory this year Future Plans The church are still raising funds and actively looking to purchase a church building in North Belfast area. Statement of Trustees Responsibilities The trustees are required under the constitutTon of the charity to prepare financial Statements for each financial year, which give a true and fair view of the state of affairs Of the charity and of Éts results for that period. In preparing those financial statements The trustees are required to: (a) Select suitable accounting policies and apply them consistently; (b) Make judgments and estimated that arg reasonable and prudent; (c) Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business. The trustees are responsible for keeping proper accounting records, which disclose with Reasonable accuracy at any time the financial position of the charity. They are also Responsible for safeguarding the assets of the Gharity and henGe for taking reasonable Steps for the prevention and detection of fraud and other irregularities Approval The trustees approved this report on _ Dr Samir Hanna (Trustee) and signed on their behalf,
INDEPENDENT EXAMINERS REPORTTO THE MANAGEMENT COMMITTEE OF ST STEPHEN'S COPTIC ORTHODOX CHURCH BELFAST We report on the accounts of the charity for year ended 05th April 2024 which are attached. Res ective res onsibilities of trustees and examiners The charity trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2} of Charities Act 2011 and only an independent examination is requirod. It's our responsibility to: examine the aGcounts under section 145 of 2011 Act. to follow the procedures laid down in the General Directions given by the charity commission under section 145(5)(b) of the 2011 AGt' and to state whether particular matters have come to our attention. Basis of inde endent examiner's re Our examination was carried out in accordance with the General Directions by the Gharity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. it also includes Consideration of any unusual item or disclosures in the accounts and seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view gFven by the accounts. Inde endent examiner's statement. In connection with our examination, no matt8r has come to our attention: 1- Which gives us reasonable cause to believe that in any materiaF respect the Requirements; To keep accounting records in accordance with section 130 of the 2011 Act. and To prepare accounts which accord with accounting records and to comply with the accounting requirements of the charity commission have not been met. or 2- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Independent Examiner IKLOUD Ltd 122 Twyford Road Harrow. Middlesex HA2 OSN
STSTEPHEN'S COPTIC ORTHODOX CHURCH BELFAST Statement of Financial Activities for the period Ended 05th April 2024. Note. Unrestricted Funds Restricted Funds Total Funds Total Funds 2024 2024 INCOMING RESOURCES 2024 2023 Donation Gift Aid 18,070 14,527 19,841 14,527 19,841 3,135 Total Incoming Resources 32,067 32,067 22,976 RESOURCES EXPENDED Charitable expenditure Management and administration of the Charity 1 108,151 108.151 8,602 Total Resources Used 108 151 108 151 8602 Net Movement in Funds forthe period 75 554 75 554 14 374 Balance Brought Forward at 06th April 2023 240,613 240.613 Total Funds C/F at 05th April 2024 106,917 106,917
ST STEPHEN'S COPTIC ORTHODOX CHURCH BELFAST th BALANCE SHEET AS AT 05 April 2024 Notes 2024 Total Funds 2023 Total Funds Unrestricted Funds Restricted Funds Fixed Assets Tangible Assets 150,277 150,277 89,000 CURRENT ASSETS Cash at Banks and in Hand Debtors 106,917 106,917 240,613 3,135 NET ASSETS/(LIABILITIES) 7194 257 194 332 748 Funds Unrestricted Funds 106,917 240,613 Total Funds 106 917 240 613 This financial statement were approved and authorised for issue On Signed on behalf of the Trustees by Dr Samir Hanna (Trustee)
ST STEPHEN'S COPTIC ORTHODOX CHURCH BELFAST NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 05 April 2024 l. Charitable Expenditure 2024 2023 Management & Administration of Charity Church Expenses Rent Electricity, Water & Council Tax 1,868 Charitable donations 97,000 Church Consumable 530 Stationary Other Vehicle Expenses 161 142 Premises Insurance Telecommunications 130 Travel and subsistence expenses Professional fees Wages and Salaries 8,400 8,400 Bank charges 62 60 Total Expenditure 108 151 8602
STSTEPHEN'S COPTIC ORTHODOX CHURCH BELFAST Year ended 05th April 2024 Accounting Policies Basis of Preparation of Account5 The accounts are prepared under the historicaE cost convention and include the results Of the charity's operations. The accounts have been prepared accordance with the Statement of Recommend.ed 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 Fncome 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. {1} {2} {3} {4} {5} {6} Hi5 Grace Bishop Antony Dr Samir Hanna Mr Ezzat Ramzy Mr Amir Michael Dr Michael Mikhail Dr Adel Dawood 10