CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH ACCOUNTS 31ST DECEMBER 2021
EMMANUEL STEPHENS & CO. CHARTERED ACCOUNTANTS, BUSINESS ADVISERS & CONSULTANTS 62 BEECHWOOD ROAD LONDON E8 3DY
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH Report and Accounts for the year ended 31st December 2021
CHARITY REGISTRATION NUMBER IN ENGLAND AND WALES
1048945
EMMANUEL STEPHENS & CO.
CHARTERED ACCOUNTANTS, BUSINESS ADVISERS, & CONSULTANTS.
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH Reports and Accounts For The Year Ended 31st December 2021
CONTENTS
| Charity Information | 1 |
|---|---|
| Trustees Report | 2 |
| Accountant's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to Accounts | 6 - 7 |
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
Charity Information
THE MANAGEMENT COMMITTEE:
Rev. Peter Adigun Priest Josephine Vincent Chairman/Principal Trustee Susan Adepoju Treasurer
Charity Registration No: 1048945
BUSINESS OFFICE
204 Coldharbour Lane London SW9 8SA
BANKERS
Natwest Bank Plc Brixton Branch 504 Brixton Road London SW9 8EB
ACCOUNTANTS
EMMANUEL STEPHENS & CO. 62 BEECHWOOD ROAD LONDON E8 3DY
Page 1
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
REPORT OF THE TRUSTEES TO MEMBERS OF THE CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
The Trustees present their report and Accounts for the year ended 31 December 2021. Celestial Church of Christ Clapham Parish is a registered charity with the overall mission of spreading the Christian faith, alleviating poverty and reaching out to those that are marginalised in the society at large. We started the year with a spirit-filled service with the motive of continuous soul-winning for the Kingdom of Christ.
Th church activities for the year in review are classiffied into standard, special and inter parish. The standard activities are are regularly held weekly ,monthly and annually, they are part of the Church calender worldwide and are observed by all parishes including clapham parish The special activities are home grown activities that are designed to meet the needs of the members of the parish including the parish cantata, the summer feast , a special grand command music performance to include special artists from Europe and Africa. Inter parish activities are related activities and special proprammes of sister parishes and other denominations for which the parish regularly gets invited to particiate or as a guest. They include revival programmes and seminars.
Josephine Vincent
Date
Page 2
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
I report on the accounts of the Trust for the period ended 31st December 2021, Which are set out on paged 3 to 6.
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 E8 3DY
Page 3
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
Statement of Financial Activities for the year ended 31st December 2021
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | ||||
| £ | £ | £ | £ | ||||
| Incoming Resources | |||||||
| Tithes, Offerings & | 1 | ||||||
| Similar Incoming Resources | 65,220 | - | 65,220 | 29,296 | |||
| Miscellaneous Receipt(Insurance Claim) | 0 | 0 | 0 | ||||
| Gift Aid Received | 6,950 | - | 6,950 | 13,635 | |||
| Total Incoming Resources | 72,170 | 0 | 72,170 | 42,931 | |||
| Charitable Resources Expended | |||||||
| Direct Charitable expenses | 2 | 23,750 | - | 23,750 | 21,450 | ||
| Fundraising Publicity | 3 | - | - | - | - | ||
| Management & Administration | 4 | 49,677 | - | 49,677 | 21,084 | ||
| Total Resources expended | 73,427 | - | 73,427 | 42,534 | |||
| Net Incoming Resources for the year | - | 1,256 |
- | - | 1,256 |
397 | |
| Funds Brought Forward | 176,171 | - | 176,171 | 176,171 | |||
| Fund Balances carried forward | 174,915 | - | 174,915 | 176,568 |
All disclosures relate to the continuing operations. There are no recognised gains or losses other than those disclosed above.
Page 4
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
| CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH | ||
|---|---|---|
| Balance sheet as at 31st December 2021 2021 Notes £ £ FIXED ASSETS Freehold Premises 175,000 Other tangible Fixed Assets 9 777 175,777 CURRENT ASSETS Deposit Investment - Cash in Hand/ Bank 10,594 10,594 CURRENT LIABILITIES Amount falling due within one year 6 (11,456) NET CURRENT ASSETS 862 - LONG TERM LIABILITIES Amount falling due more than a year 0 174,915 ACCUMULATED FUNDS Unrestricted 7 174,915 Restricted 8 - 174,915 0 |
2020 £ 175,000 1,554 176,554 380 12,093 |
|
| 12,473 (12,856) |
||
| 383 - 0 |
||
| 176,171 | ||
| 176,171 - |
||
| 176,171 | ||
Approved by the Trustees and Signed on their behalf:
Josephine Vincent. Date
Page 5
CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH
Notes to the financial statements for the year ended 31st December 2021
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.
| in support of that activity where material. | ||
|---|---|---|
| Donations Pastoral Returns Honorarium |
2021 £ 1,450 1,500 20,800 23,750 |
2020 £ 1,050 600 19,800 |
| 21,450 |
3. FUND RAISING AND PUBLICITY
This comprise the costs incurred in connection with the management of the charity's assets. These costs are organisational as opposed to project administration costs. They include costs for complying with the constitutional and statutory requirements.
4. MANAGEMENT AND ADMINISTRATION
| Travel Telephone/Fax Stationeries & Postage Light & Heat Insurance Harvest Expenses Rates Depreciation Building Refurbishment Accountancy fees Professional fees Church Expenses |
2021 £ 2,167 1,015 980 5,746 2,816 2,347 10 777 8,705 500 - 24,613 49,677 |
2020 £ 2,289 703 - 5,059 2,760 - 158 777 1,147 500 2,409 5,281 |
|---|---|---|
| 21,083 |
*The founding Shepherd died in the year and was buried
Page 6
5.DEPRECIATION
This has been provided at the following rates in order to write off the assets over their estimated useful lives
| Freehold Property | 0% |
|---|---|
| Musical Equipment | 10% |
| Motor Vehicles | 20% |
| Fixture & Fittings | 10% |
6. LIABILITIES
This represent the accountancy fees and the balance on HP repayment
| Professional fee Accountancy Fees |
2021 £ 10,956 500 11,456 |
2020 £ 12,356 500 |
|---|---|---|
| 12,856 |
7. 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.
8. OTHER FIXED ASSESTS
Restricted funds are used for the purpose as specified by the donor. Expenditure that meets these criteria is identified to the fund.
9. FIXED ASSETS
| Cost/Valuation At 1 January 2021 Additions At 31st December 2021 DEPRECIATION At 1 January 2021 Charge for the year At 31st December 2021 Net Book Value At 31st December 2021 At 31 December 2020 |
Freehold Property Computer Equipment Musical Equipment Fixtures & Fittings £ £ £ 175,000 3,150 4,620 23,342 - - - 175,000 3,150 4,620 23,342 - 2,520 3,696 23,342 - 315 462 - - 2,835 4,158 23,342 175,000 315 462 0 |
Total £ 206,112 - |
|---|---|---|
| 206,112 | ||
| 29,558 777 |
||
| 30,335 | ||
| 175,777 | ||
| 175,000 630 924 - |
176,554 |
Page 7