ST MARY AND ST BISHOY CHARITY LTD
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 expanded in helping the poor families residing in Egypt. The funds are disbursed by community and religious elders.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net inflow of £3,838 for the year, with total income of £47,998 and total expenses of £44,160. The trustees consider the financial position satisfactory and note that current funding levels are adequate to meet immediate needs. Reserves increased to £31,152, though the charity aims not to retain funds beyond six months of immediate needs.
What the accounts disclose
“It is the intention of the charity not to retain funds beyond its immediate needs of up to six months in the year.”
Trustees
- DR ATALLAchair
- PETER SELIM ALPHONSE
- RAMY LOUIS MAKRAM
- RAYMONDE ANDRAOUS
- REFAAT FADEL
- SAMI SELIM ALPHONSE SELIM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £48k | £44k |
| 31/12/2023 | £81k | £76k |
| 31/12/2022 | £62k | £63k |
| 31/12/2021 | £86k | £101k |
| 31/12/2020 | £106k | £89k |
Common questions
Is ST MARY AND ST BISHOY CHARITY LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net inflow of £3,838 for the year, with total income of £47,998 and total expenses of £44,160. The trustees consider the financial position satisfactory and note that current funding levels are adequate to meet immediate needs. Reserves increased to £31,152, though the charity aims not to retain funds beyond six months of immediate needs. Its FY2024 accounts were independently examined.