**CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH ACCOUNTS 31ST DECEMBER 2024**
**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 2024**
**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 2024**
|**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 Martha Taiye Alli Chairman/Principal Trustee Esther Arobadi 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 2024. 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.
Martha Taiye Alli 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 2024, 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:
1. 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
2. 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 2024**
|**2024**
**2023**
Notes
Unrestricted
Restricted
Total
£
£
£
£
**Incoming Resources**
Tithes, Offerings &
1
Similar Incoming Resources
76,771
-
76,771
79,497
Miscellaneous Receipt(Insurance Claim)
0
0
0
Gift Aid Received
16,504
-
16,504
16,857
**Total Incoming Resources**
**93,275**
**0**
**93,275**
**96,354**
**Charitable Resources Expended**
Direct Charitable expenses
2
55,724
-
55,724
59,290
Fundraising Publicity
3
-
-
-
-
Management & Administration
4
22,602
-
22,602
54,738
**Total Resources expended**
**78,326**
**-**
**78,326**
**114,028**
**Net Incoming Resources for the year**
14,949.73
-
14,950
17,674
-
Funds Brought Forward
172,190
-
172,190
189,864
Fund Balances carried forward
**187,140**
**-**
**187,140**
**172,190**|**2024**
**2023**
Notes
Unrestricted
Restricted
Total
£
£
£
£
**Incoming Resources**
Tithes, Offerings &
1
Similar Incoming Resources
76,771
-
76,771
79,497
Miscellaneous Receipt(Insurance Claim)
0
0
0
Gift Aid Received
16,504
-
16,504
16,857
**Total Incoming Resources**
**93,275**
**0**
**93,275**
**96,354**
**Charitable Resources Expended**
Direct Charitable expenses
2
55,724
-
55,724
59,290
Fundraising Publicity
3
-
-
-
-
Management & Administration
4
22,602
-
22,602
54,738
**Total Resources expended**
**78,326**
**-**
**78,326**
**114,028**
**Net Incoming Resources for the year**
14,949.73
-
14,950
17,674
-
Funds Brought Forward
172,190
-
172,190
189,864
Fund Balances carried forward
**187,140**
**-**
**187,140**
**172,190**|**2024**
**2023**
Notes
Unrestricted
Restricted
Total
£
£
£
£
**Incoming Resources**
Tithes, Offerings &
1
Similar Incoming Resources
76,771
-
76,771
79,497
Miscellaneous Receipt(Insurance Claim)
0
0
0
Gift Aid Received
16,504
-
16,504
16,857
**Total Incoming Resources**
**93,275**
**0**
**93,275**
**96,354**
**Charitable Resources Expended**
Direct Charitable expenses
2
55,724
-
55,724
59,290
Fundraising Publicity
3
-
-
-
-
Management & Administration
4
22,602
-
22,602
54,738
**Total Resources expended**
**78,326**
**-**
**78,326**
**114,028**
**Net Incoming Resources for the year**
14,949.73
-
14,950
17,674
-
Funds Brought Forward
172,190
-
172,190
189,864
Fund Balances carried forward
**187,140**
**-**
**187,140**
**172,190**|
|---|---|---|
||**78,326**
**-**
**78,326**
**114,028**||
||14,949.73
-
14,950
17,674
-
172,190
-
172,190
189,864||
||||
||**187,140**
**-**
**187,140**
**172,190**||
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**
## **Balance sheet as at 31st December 2024**
|**Balance sheet as at 31st December 2024**
**CELESTIAL CHURCH OF CHRIST CLAPHAM PARISH**||
|---|---|
|**2024**
Notes
**£**
**£**
**FIXED ASSETS**
Freehold Premises
175,000
Other tangible Fixed Assets
9
-
175,000
**CURRENT ASSETS**
Deposit Investment
-
Cash in Hand/ Bank
15,874
15,874
**CURRENT LIABILITIES**
Amount falling due within one year
6
(3,734)
NET CURRENT ASSETS
12,140
**LONG TERM LIABILITIES**
Amount falling due more than a year
0
NET ASSETS
**187,140**
ACCUMULATED FUNDS
Unrestricted
7
187,140
Restricted
8
-
**187,140**|**2023**
**£**
175,000
175,000
-
3,045|
||3,045
(5,855)|
||2,810
-
0|
||**172,190**|
||172,190
-|
||**172,190**|
1 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 2024**
## **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.
|Donations
Pastoral Returns
Honorarium|2024
£
-
1,600
-
1,600|2023
£
12,810
3,500
25,943|
|---|---|---|
|||42,253|
## **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**
|**TION**
Travel
Telephone/Fax
Stationeries & Postage
Light & Heat
Insurance
Harvest Expenses
Rates
Depreciation
Building Refurbishment
Accountancy fees
Professional fees
Church Expenses|**2024**
£
-
7,597
-
20,424
-
3,154
-
-
10,498
200
-
34,333
76,206|**2023**
£
1,846
1,435
-
19,440
1,800
14,110
-
-
15,608
500
500
17,037|
|---|---|---|
|||72,276|
*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|**2024**
£
3,424
500
3,924|**2023**
£
10,956
500|
|---|---|---|
|||11,456|
## **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 2024
Additions
At 31st December 2024
**DEPRECIATION**
At 1 January 2024
Charge for the year
At 31st December 2024
**Net Book Value**
At 31st December 2024
At 31 December 2023|**Freehold**
**Property**
**Computer**
**Equipme**
**nt**
**Musical**
**Equipment**
**Fixtures**
**& Fittings**
£
£
£
175,000
3,150
4,620
23,342
-
-
-
175,000
3,150
4,620
23,342
-
2,835
4,158
23,342
-
315
462
-
-
3,150
4,620
23,342
175,000
0
0
0|**Total**
£
206,112
-|
|---|---|---|
|||206,112|
|||30,335
777|
|||31,112|
|||175,000|
||175,000
-
-
-|175,000|
Page 7