Charity Accounts Intelreading the accounts so you don’t have to

THE COPTIC ORTHODOX CHURCH CENTRE

Registered charity 1024592 · accounts filings on the Charity Commission register · also known as COPTIC ORTHODOX CHURCH AND CENTRE OF ARCHANGEL MIKHAIL AND ST ANTHONY, STEVENAGE

Latest income
£523k
Latest spending
£646k
Registered
1993
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net deficit on unrestricted funds of £132,000 for the year ended 31 December 2022, while restricted funds showed a surplus of £65,272. Total net assets held at year-end were £4,008,739, primarily in fixed assets and bank accounts. The trustees confirmed that systems are in place to manage risks and that the use of the going concern basis of accounting is appropriate.

What the accounts disclose

Accounts audited by Prescott Gendy Aslam.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£523k
Total spending
£646k
Cost of raising funds
£10k
Reserves (reported)
£238k
Employees
1

Reported reserves equal ~4.4 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£523k£646k
31/12/2023£511k£508k
31/12/2022£559k£626k
31/12/2021£716k£694k
31/12/2020£1.3m£459k

Common questions

Is THE COPTIC ORTHODOX CHURCH CENTRE financially healthy?

The accounts state that the charity reported a net deficit on unrestricted funds of £132,000 for the year ended 31 December 2022, while restricted funds showed a surplus of £65,272. Total net assets held at year-end were £4,008,739, primarily in fixed assets and bank accounts. The trustees confirmed that systems are in place to manage risks and that the use of the going concern basis of accounting is appropriate. Its FY2022 accounts were audited by Prescott Gendy Aslam.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
SANTANDER UK FOUNDATION LIMITED1£41k
THE FYRISH FOUNDATION1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with COPTIC ORTHODOX CHURCH FOUNDATION MANCHESTER.