05052699falsethe relief of financial hardship of people belonging to the Coptic faith living in Egypt, Africa and Europe2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-01-012023-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/cd:Director22023-01-012023-12-31http://www.companieshouse.gov.uk/cd:RegisteredCharity2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05052699
Charity number: 1103348

St Mary and St. Bishoy Charity Ltd

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
ASHBURNS ACCOUNTANTS LTD
CHARTERED ACCOUNTANTS
70-72 VICTORIA ROAD
HA4 0AH

St Mary and St. Bishoy Charity Ltd

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31/12/2023
TRUSTEES
Sami Selim
Peter Selim Alphonse
SECRETARY
Peter Selim Alphonse
REGISTERED OFFICE
70-72 Victoria Road
Ruislip Manor
Middlesex
HA4 0AH
COMPANY NUMBER
05052699
CHARITY NUMBER
1103348
ACCOUNTANTS
ASHBURNS ACCOUNTANTS LTD
CHARTERED ACCOUNTANTS
70-72 VICTORIA ROAD
HA4 0AH

St Mary and St. Bishoy Charity Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
CONTENTS
Page
Report of the Trustees3
Statement of Financial Activities5
Balance Sheet6
Notes to the Accounts7 to 11
Detailed Statement of Financial Activities10

St Mary and St. Bishoy Charity Ltd

FOR THEYEARENDED31/12/2023
TRUSTEES' REPORT
The trustees present their report and accounts for theyearended31/12/2023
PRINCIPAL ACTIVITIES
The principal activity of the charity in theyearunder review wasthe relief of financial hardship of people belonging to the Coptic faith living in Egypt, Africa and Europe.
STRUCTURE GOVERNANCE AND MANAGEMENT
The Charity is constituted as a Company limited by guarantee, without a share capital, and is therefore governed by a Memorandum and Articles of Association. It is registered with Charity commission.
The Charity is organised so that the Members of the charity meet regularly to manage the affairs of the charity. The secretary is in charge of the day to day running of the charity.
The trustees, who are also directors of the charity for the purposes of the Companies Act, present their annual report and the financial statements for the year ended 31 December 2023. The trustees have adopted the provisions of the Statement of Recommended Practise (SORP) in preparing the annual report and financial statements of the charity.
OBJECTS OF THE CHARITY PRINCIPAL ACTIVITIES AND ORGANISATION OF OUR WORK
The charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association.
The charity's object and its principal activity continues to be the relief of financial hardship of people belonging to the Coptic faith living in Egypt, Africa and Europe. The trustees receive gift aid donations from Coptic families residing in the UK. These are expended in helping the poor families residing in Egypt. The funds are disbursed by community and religious elders.
The charity is organised so that the trustees meet regularly to manage its affairs. We are grateful to all the volunteers who have given their time and energy in the furtherance of the work of the Charity. Our special thanks are due to the numerous donors who have provided us with the funds necessary for the Charity to continue with its work. We would not be able to operate without their wholehearted generosity.
DEVELOPMENTS ACTIVITIES AND ACHIEVEMENTS THIS YEAR
The trustees consider that the performance of the charity this year has been satisfactory. The levels of donations for 2023 were higher by 30% compared to the level of 2022.
TRANSACTIONS AND FINANCIAL POSITION
The statement of Financial Activities shows a net inflow of £4,886 for the year. The generosity of the community in providing donations of £81,036 for the year was appreciated by the trustees.

St Mary and St. Bishoy Charity Ltd

FOR THEYEARENDED31/12/2023
TRUSTEES' REPORT
RESERVES
The present level of funding is adequate and the trustees consider the financial position of the charity to be satisfactory. It is the intention of the charity not to retain funds beyond its immediate needs of up to six months in the year.
DIRECTORS AND TRUSTEES
All directors of the company are also trustees of the charity and these are set out on page 1 of the accounts. All the trustees, named therein, served throughout the period. The Board has the power to appoint additional trustees as it considers fit to do so.
RISK MANAGEMENT
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions.
TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees are required by company law to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the end of that year. In preparing those financial statements the trustees are required to:
a) select suitable accounting policies and apply them consistently.
b) make judgements and estimates that are reasonable and prudent.
c) state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements.
d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on16/09/2024
Sami Selim
Trustee

St Mary and St. Bishoy Charity Ltd

Statement of Financial Activities
for the year ended31/12/2023
20232022
Unrestricted fundsRestricted fundsTotalTotal
££££
Income
Income from generated funds
Donations and legacies71,065-71,06552,325
Other trading activities9,971-9,9719,749
Total Income and endowments81,036-81,03662,074
Expenses
Costs of generating funds
Expenditure on Charitable activities76,150-76,15062,850
Total Expenses76,150-76,15062,850
Net gains on investments
Net Income4,886-4,886(776)
Gains/(losses) on revaluation of fixed assests
Net movement in funds:
Net income for the year4,886-4,886(776)
Total funds brought forward22,428-22,42823,204
Net funds carried forward27,314-27,31422,428
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

St Mary and St. Bishoy Charity Ltd

BALANCE SHEET AT 31/12/2023
20232022
Notes££
CURRENT ASSETS
Debtors (amounts falling due within one year)314,07517,750
Cash at bank and in hand14,3395,628
28,41423,378
CREDITORS: Amounts falling due within one year41,100950
NET CURRENT ASSETS27,31422,428
TOTAL ASSETS LESS CURRENT LIABILITIES27,31422,428
CAPITAL AND RESERVES
Unrestricted funds6
General fund27,31422,428
27,31422,428
For the year ending 31/12/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of trustees on 16/09/2024 and signed on their behalf by
.............................
Sami Selim
Trustee

St Mary and St. Bishoy Charity Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
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.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. 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.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
2. EMPLOYEES
20232022
No.No.
Average number of employees--

St Mary and St. Bishoy Charity Ltd

3. DEBTORS 20232022
££
Amounts falling due within one year:
Trade debtors14,07517,750
14,07517,750
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Other creditors1,100950
1,100950
5. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £6, to the company should it be wound up. At 31/12/2023 there were 6 members.
6. UNRESTRICTED FUNDS
Brought forwardIncoming resourcesOutgoing resourcesTransfersCarried forward
£££££
General fund22,42881,036(76,150)-27,314
22,42881,036(76,150)-27,314

St Mary and St. Bishoy Charity Ltd

7. RESTRICTED FUNDS
Brought forwardIncoming resourcesOutgoing resourcesTransfersCarried forward
£££££

St Mary and St. Bishoy Charity Ltd

Incoming Resources
for the year ended31/12/2023
20232022
££
Incoming resources
Incoming resources from generated funds
71,06552,325
9,9719,749
81,03662,074

St Mary and St. Bishoy Charity Ltd

Expenses
for the year ended31/12/2023
20232022
££
Expenses
Costs of generating funds
Charitable Activities
Donations 75,00061,900
Accountancy fees1,150950
76,15062,850
76,15062,850