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2024-12-31-accounts

Charity number: 1026780

CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31/12/2024

CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2024

TRUSTEES

M A ONAFUYE R KING A A AFOLABI N AKIN-AGBENI MRS E M MORAFA MRS R AKINIYI L YEMITAN

REGISTERED OFFICE

P O BOX 1125 BARKING ESSEX 1G11 7HR

CHARITY NUMBER 1026780

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

CONTENTS

Page
Report of the Trustees 3
Independent Examiner's Statement 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Accounts 7 to 9
Detailed Statement of Financial Activities 10

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

FOR THE YEAR ENDED 31/12/2024

TRUSTEES' REPORT

The trustees present their report and accounts for the year ended 31/12/2024

PRINCIPAL ACTIVITIES

The principal activity of the charity in the year under review was Christian worship and evangelism. .

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

This report was approved by the Board of Trustees on 29/10/2025

M A ONAFUYE

Trustee

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/12/2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

I report on the accounts of the company for the year ended 31/12/2024.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. .

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

BASIS OF INDEPENDENT EXAMINERS STATEMENT

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 items or disclosures in the accounts, and seeking explanations 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 no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINERS STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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

...................................................

Date:29/10/2025 E H TURKSON ACMA HESSE ARMAH ACCOUNTANTS

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

Statement of Financial Activities for the year ended 31/12/2024

2024 2023
Unrestricted
funds		 Restricted
funds		 Total Total
£ £ £ £
Income
Income from generated funds
Income from charitable activities 240,567 - 240,567 192,777
Total Income and endowments 240,567 - 240,567 192,777
Expenses
Costs of generating funds
Expenditure on Charitable activities 190,424 - 190,424 138,860
Total Expenses 190,424 - 190,424 138,860
Net gains on investments
Net Income 50,143 - 50,143 53,917
Gains/(losses) on revaluation of fixed assests
Net movement in funds:
Net income for the year 50,143 - 50,143 53,917
Total funds brought forward 771,133 - 771,133 717,217
Net funds carried forward 821,276 - 821,276 771,134

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

BALANCE SHEET AT 31/12/2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 3 665,884 600,752
CURRENT ASSETS
Cash at bank and in hand 159,155 172,226
159,155 172,226
CREDITORS: Amounts falling due within one year 4 3,763 1,844
NET CURRENT ASSETS 155,392 170,382
TOTAL ASSETS LESS CURRENT LIABILITIES 821,276 771,134
CAPITAL AND RESERVES
Unrestricted funds 6
General fund 821,276 771,134
821,276 771,134

For the year ending 31/12/2024 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 29/10/2025 and signed on their behalf by

.............................

M A ONAFUYE Trustee

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

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.

1f. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery Motor Cars

20% 20%

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

1g. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2. EMPLOYEES

2024 2023
No. No.
Average number of employees 1 1

3. TANGIBLE FIXED ASSETS

Land
And		 Plant and
Buildings Machinery Motor
Cars		 Total
£ £ £ £
Cost
At 01/01/2024 588,159 51,051 17,978 657,188
Additions 67,651 - - 67,651
At 31/12/2024 655,810 51,051 17,978 724,839
Depreciation
At 01/01/2024 - 38,586 17,850 56,436
For the year - 2,493 26 2,519
At 31/12/2024 - 41,079 17,876 58,955
Net Book Amounts
At 31/12/2024 655,810 9,972 102 665,884
At 31/12/2023 588,159 12,465 128 600,752
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 2,263 344
Other creditors 1,500 1,500
3,763 1,844

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

5. UNRESTRICTED FUNDS

General fund

Brought
forward		 Incoming
resources		 Outgoing
resources		 Transfers Carried
forward
£ £ £ £ £
771,133 240,567 (190,424) - 821,276
771,133 240,567 (190,424) - 821,276

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

Incoming Resources for the year ended 31/12/2024

2024 2023
£ £
Incoming resources
Incoming resources from generated funds
Charitable Activity
Donations and Collections 166,946 130,031
Gift Aid 70,602 61,329
Bank Interest Receivable 3,019 1,417
240,567 192,777
240,567 192,777
240,567 192,777

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CELESTIAL CHURCH OF CHRIST WHITE CITYPARISH

Expenses

for the year ended 31/12/2024

2024 2023
£ £
Expenses
Costs of generating funds
Charitable Activities
Wages 8,300 20,800
Pensions 3,000 3,000
Rents, Rates and Water 21,885 17,695
Insurance 7,754 5,953
Light and Heat 5,900 7,347
Telephone 4,249 3,411
Postage and Stationery 201 556
Pastoral Fund 4,450 2,750
Missions and Donations 34,098 13,943
Spritual Items 7,667 5,718
Sundry Eqipment 1,559 2,587
Transport and Travel 14,425 4,400
Functions and Events 20,977 13,693
Subscriptions 776 971
Building Repairs - 5,520
Cleaning and Hygiene 1,223 526
Security 1,381 1,507
Visiting Clergy 800 1,830
Sundry Expenses 54 101
Repairs and Renewals 1,339 884
Choir Expenses 6,856 3,495
Members Welfare 3,310 6,303
Hall Hire 4,443 -
Bank charges 2,747 2,134
Depreciation of plant and machinery 2,491 3,117
Depreciation of motor cars 26 32
159,911 128,273
Governance Costs
Accountancy 1,500 1,500
Legal and professional 29,013 9,087
30,513 10,587
190,424 138,860

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