WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, CHRIST ADULALERE PARISH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025
EMMANUEL STEPHENS & CO. CHARTERED ACCOUNTANTS, BUSINESS ADVISERS & CONSULTANTS 62 BEECHWOOD ROAD, LONDON E8 3DY
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, ADULALERE PARISH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025
Reports and Accounts
CONTENTS
| Charity Information | 4 |
|---|---|
| Trustees Report | 5 |
| Accountant's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to Accounts | 9 &10 |
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, ADULALERE PARISH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025
CHARITY REGISTRATION NUMBER IN ENGLAND AND WALES
1048259
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, ADULALERE PARISH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025
Charity Information
THE MANAGEMENT COMMITTEE:
Chairperson
Salami Olusola Alarape
General Secretary Anthonia Willams
Charity Number 1048259
BUSINESS OFFICE
3 Field Point Station Road LONDON E7 0AF
BANKERS HSBC The Peak 333 Vauxhal Bridge Road Victoria London SW1V 1EJ
ACCOUNTANTS
EMMANUEL STEPHENS & CO. 62 BEECHWOOD ROAD LONDON E8 3DY
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, ADULALERE PARISH
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025
The Trustees present their report and the financial statements for the year ended 31st March 2025
Activities in the year
We continue to promote the gospel of God and to spread the good news to all. The aparatus used for this purpose includes regular fellowship, ministering the word, training of disciples, organising conferences and retreats.
Trustees
The church is managed by a Board of Trustees appointed annually at the Annual General Meeting. The day to day operations of the charity is run by the Chief Executive who is supported by one Administrator. The Trustees who served during the year are:
Salami Olushola Alarape Anthonia A Williams Oluseye Idowu Adenike Caroline Ogunjimi
Prospects
The Church operates from Unit 13 Enterprise Industrial Estate SE16 and infrastruture has been put in place to further the objective of spreading the gospel of our Lord Jesus Christ. The Church is impacting the community through the provision of youth training, counselling, care and advice for the homeless and the elderly.
Finances
The attached financial statement show the current state of affairs which the Trustees consider to be melting point for future progress.
This report was approved by the Board on and signed on its behalf by:
Salami Olushola Alarape Anthonia Williams TRUSTEE TRUSTEE
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, ADULALERE PARISH
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CELESTIAL CHURCH OF CHRIST, ADURALERE PARISH
I report on the accounts of the Trust for the period ended 31st March 2025, which are set out on paged 3 to 7.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER
As the Charity's Trustees, you are responsible for the preparation of the Account: you consider that the audit requirement of section 43(2) of the Charities Act 1993 ("the Act") does not apply. It is my responsibility to:
. Examine the accounts under section 145 of the 2011 Act;
. to follow the procedure s laid down in the general Directions given by the Charity Commission under section 145(5) of the 2011 Act;
. to state whether particulat matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the General Directions given by the Charity 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 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 EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
-
Which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act, and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act.
have not been met: or
- to which, in my opinion, attention be drawn to enable a proper understanding of the accounts to be reached.
Emmanuel Stephens & Co.
Chartered Accountants, Business Advisers & Consultants 62 Beechwood Road London
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, ADULALERE PARISH
Statement of Financial Activities for the year ended 31st March 2025.
| Notes Incoming Resources Tithes, Offerings & 1 Similar Incoming Resources Gift aid Total Incoming Resources Charitable Resources Expended Direct Charitable expenses 2 Management & Administration 3 Total Resources expended Net Incoming Resources for the year Funds Brought Forward Fund Balances carried forward |
2025 2024 Total Total £ £ 42,370 19,900 7,753 - |
|---|---|
| 50,123 19,900 - 250 49,744 19,851 |
|
| 49,744 20,101 |
|
| 379 (201) (589) 388 - |
|
| (210) (589) |
All disclosures relate to the continuing operations. There are no recognised gains or losses other than those disclosed above.
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, ADULALERE PARISH
Balance sheet as at 31st March 2025
| Notes FIXED ASSETS Tangible Fixed Assets CURRENT ASSETS Cash in Hand/ Bank CURRENT LIABILITIES 5 NET CURRENT ASSETS NET ASSETS ACCUMULATED FUNDS Unrestricted 6 Amount falling due within a year |
£ £ £ - 1,253 61 1,253 61 (15,748) (650) (14,495) (589) (14,495) (589) (14,495) (589) (14,495) (589) 2025 2024 |
£ £ £ - 1,253 61 1,253 61 (15,748) (650) (14,495) (589) (14,495) (589) (14,495) (589) (14,495) (589) 2025 2024 |
|---|---|---|
| (14,495) (589) |
||
| (14,495) (589) |
||
| (14,495) (589) |
Approved by the Trustees and Signed on their behalf:
Salami Olushola Alarape
WORLD SOUL WINNING CHURCH OF CHRIST OPERATING AS CELESTIAL CHURCH OF CHRIST, CHRIST ADULALERE PARISH Notes to the financial statements for the year ended 31st March 2025
ACCOUNTING POLICIES
The accounts have been prepared in compliance with the statement of Recommended Practice (SORP): Accounting for Charities.
1. GRANTS, DONATIONS ETC
These are recognised in full in the Statement of Financial Activities in the period in which they are received.
2. DIRECT CHARITABLE EXPENDITURE
This comprises all expenditure directly related to the objects of the of the charity. It also includes the expenditure in support of that activity where material.
| Pastoral Returns/Honorarium Donations DMINISTRATION Professional fees Bank Charges Rent Repairs & Maintenance Insurance Telephone & fax & internet storage Church Materials Printing ,Postage and Stationery Accountancy fee |
2025 2024 £ - 200 - |
|---|---|
| - 200 |
|
| 2025 2024 £ £ 1,163 1,535 105 47,026 43,203 196 182 754 671 521 500 500 |
|
| 49,744 46,612 |
3. MANAGEMENT AND ADMINISTRATION
4.DEPRECIATION
This has been provided at the following rates in order to write off the assets over their estimated useful lives
| Furniture, Fixtures & Fittings Musical Instrument The charity has no fixed asset. 5. LIABILITIES Accountancy fees. Third Party Loan |
20% 20% 2025 2024 £ £ 500 500 15,248 15,248 |
|---|---|
| 15,748 500 |
6. UNRESTRICTED FUNDS
These are grants and donations received or receivable for the objects of the charity without restrictions as to purpose but are available as general funds.
7. RESTRICTED FUNDS
Restricted funds are used for the purpose as specified by the donor. Expenditure that meets these criteria is identified to the fund.