Reglstsrod Charlty Number 1115753 CELEsfIAL CHURCH OF CHRIsr HOREB OF GOD PARISH Report and Accounts 31 December 2024
CELESTIAL CHURCH OP CHRxsr HORUB QF SOD PARISH R•port •nd Accounts Cont•nts Legal and Admlnlstratlvo InforntIon Ind•pendent ExamIn•8 R•port Stat•mtht rf Hnanclal A(thltiéJ Balance Sheet Notes to the Flnandal Statsm•nts (InduV• of d•tall•d Zncomq & wend1r•> 8-11
CILiSnAL CHURCH OP CHRisr HOREB OP GOD PARXSH LW admlnl•tratlv• d•tsll• Ch•lrnwni Mr Ademola Aklntola Mr Ademola Aklntola Mr Ablola J. Cole Mrn Olufunke Ojum Mr J. Budu-Aggrey Mrs Olutunde P. Adenlran Mr8 Adeblsl Sangobtyl Dlvlne Consult Umlted 159 Boundfleld Road London SE6 IPE Bank•r•: HSBC Hlqh Street Strattord Brnnch stratford London R•ol•t•r•d Offlc•i CCC HOREB OF GOD PARISH 54b North Woolwlch Rd Sllvertown ndon E16 2AA Charlty Numb•n 1115753
CELEsfIAL CHURCH OP CHRxsr HOREB OP GOD PARISH The Trustees present thelr report and the flnandal statements for the year ended 31 December 2024. The flnandal statements have been prepared In accothnce wlth tho Statement af Recommended Practke (SORP 2005) and appllcable law. Horeb Of God Parlsh Churth Is govemed by an Approved Governlng Do(JJment whlch statss that the prlndpal purpose of th¢ (hurth Is the advancement of the Chrlstlan Falth aco)rdlng to the prfndpleB ol the Worldwlde Celestlal Churth or Chrfst to Indude the advancement or eduotlon, communlty servlce and suth other general charlt4ble purposes In such parts of the Unlted Klngdom and the world as the Church shjll deternilne. Hor•b of Cod Parl#h l• • r•nt•d Prop•rty •nd w• •r• •trfvlno to buy • prop•rty that wlll h•lp tg maxlmlze our tharftable functlons (trnlnlng. educatlonal and semlnars). Members of the Churth are accepted In accordano wlth the Constitutlon whlch rnqulrng to ba baptlzed after one Year Membars ar• ancourngod to take an approprtato part In the lrttUal Jnd praLtI1 ta81 Involv•d In fijrtherance of the tharftable objectlve. Ral•vant matt•r¥ may b• 8ubmltt•d to tha Church m•otlng by tha Trustees for guldanc•, or may be ralsed by membern In Church meotlng for fvrther conslderatlon by the Trustee. Though the Constitutlon pernilts dod8lon• to be mad• at Churth meetlngj by ipproprfats majorltlu, tha Church 8ad(8 ts work by wherever poo8lble. In ord•r to athl8v• th• prfndpal obJettlv• whlth 1$ 8•t out abov•. th• Church provldeB varfety of athvltles both to Its membershlp and to the communlty generally. The alm Is to show the love of Jesus Chrlst In both word and daad and to brfng people Into dosw r•latl¢nshlp wlth Our Lord J•8u8 Chrfst as Ilvlng Lord. Central to the work and wltnesj of the Church Is the provlslon of regular publlc 8ervlce8 of Chrfrtlan wor8hlp. Th¢8¢ 8erylce• tske plac• eath Sunday 10.00am, W•dnq•day 7:00pm and Blble aa8• Afor Frlday.. 7:00pm Thirn arn al oc£aslonal at oth•r tlma whlch arn idvwumd on the Church Nrtlce Thorn18 ? full chlldren'8 programme durlng the Sunday servlc48. The thurth jeaks to bo a frjendly and w•lcomlng o)mmunlty and anybody li fre• to attend any of these and seminars. The 3rd Sundays of the Month Is set aslde for full Youth Partldpatlon In Sernion, Evangellcal and Prophetlc ServJc£s and Semlnars. The Church run• a wrfej rf houx group for tha growth of falth and dl8dpleghlp In the homes of some members. and further detalls of tho80 be obtaln•d from the Thi•teeJ on requesL or at the Sunday wvlc•• of wornhlp. The Churth oyratu •fftm• to gurn that all people worklng wlth ¢hlldren and vuln•rnbl• adults arn approprlatsly vetted wlth Mganl to th• Crfmlnal Records Bureau. The thurth has read the Charfty Commlsslon guldance on publlc benefft, and Is satlsfied that the actlvltla outllned above dearly demongtrnte that the tharlty Is provldlng a benefit to the publlc.
Achl•v•m•nts •nd P•rlornianc• Wa lCOme ournelves to 2025 Annujl Gontral M•etlno and It hai be4n anoth•r thall•nglng year for th• Celostlal Church of Chr1 Nor Of God Parfth. Thls Parfsh turns 20 yearn thli y••r and that slmply m•ans we arn havlng to the 20th annlv•rsary Ind to rnmlnd us af: Communlty and followshlp: Hlghllghtlng th• Importance of tha diurth communlty and tha lyonds formad ovw th• years. Impact on I1. li•cognlzlng th• posltlv• Infiu•nc• the thunb h•¥ had on Its m•mb•r•. Looklng fon¥ard ts the fiJtur4: Expresslng hope and optlmlsm fvr th• church's conttnuod grnwth arxl mlnlstry. Epheslans 2.22: 'In hlm you too •re beln9 bullt tog•thv to b•wn• • dw•lllng In Ythlth God Ilvu by h1• SplrlL' w• •r• • churth th•t Mrv• our God and •xt•nd hand of hllowhlp to th• communlty and •8pedally tho vuln•rnbl• old •nd young p•apl Thorn ar• som• m•fflb•rn wlthout famlty In th• Unlt•d Klngdom who neads all of wpport, w• n••d to br•c• up for thli n•w ph•norn•noni In th• yur coffllng. The re90urce8 both technlol and human arn Incr•Mlnoly baclIng dauntlno and h•nc• th• need to thlnk of cojt to Improve In thls aru. I cannot prnlse y(w •ll enough for th• d•dkJUon and Mlflaun•M you hav• hIbIted all th•sa tlm••. A huge thank you to all th• parlshlonorn lor yow contlnu•d wpport and you hm roally gone Ihe Church has evolved so much and we now mllz• that the young people are now growlng to become young adult and there Is need to oulde thom properfy Into us•lul, prngmatlc adult vla splrltual path and profemlonal gUIdan hm th• n••d to trnln members to support the youth. Obvlouslyi a buw y•ar wlth InEr•as•d av•rag• of Prnyer and fIn9 for the mwnbqrn and even th• communlty. Traln young glrfs and boyj In iklll acqu1tIon ag partryi palntlngi and •v•nt plannlng thrnugh FOREHOREB UK, We n••d fundlng to Itay afloat as people n•ad• ar• not only lplrftual. w• n••d to •upport the communlty more vla feedlng and other tharftable actlvltles. We wlll look Into Learnlng and Organlzlng opportunlues for our members and thls wlll be developod throughout thls 2025. r tharlty rtatus d•mands that w• fvnctEon mor• thctlv•ly. thls m••ns r•tthlng out to both Imm•dlata and ov•rMa8 communltles. Therelg a greater nead whlth Jre very pr*ng In th• follawlng arnai: 'Adoluc•nt IMu•8 In th• black o)mmunlty. l. Women and Slngle 2. Eldwty ra 3. Homelessness & Statlsucs both locnlly and natlonalty palnt grfm Images In comparlMn to the rnallty of thes• 8ltuatlons In our communltle•. We can never truly see the Impart rf th•s• unl•88 w• arn pru•nt In thego ar•as Ourselves. I bolleve that It Is tlme for us as a chJrltable/splrftual organlsjtlon to look further afleld for support from othar w•ll-meanlng organItIOn• M to •as• th• burdon on our own flnandal sltuatlon. We arn •lBO campjlgnlng for ch•ng•• In •ll •tr•t• of M•nklnd. w• th•nk th• •ld•r• for th• h•rd work and wpport whlch Is been randar, I know all of arn dolng our best and we should not bo daunted by the enomilty of the challffig• that w• l•c•. It ts my hope and prny•r that your Indivldual qffort shall not go In vain.
Over the years CCC Horeb t* God Parfth, has focuxd hff attenuon nat onty on th• •plrftual growth of its mombers but also on thelr pv8Mal, psythologlcal and Sodal 11-beIng. Thls Is mad• morn promlnent beeaum ol modern day thall•ng•s that 18 fadng not only the adults but thlldren and youths ol today. There 1$ a grert rfse In mentsl brnjkdown and AKh dwllenge• arn what p•opl• todayi d help Is non-exlrtent or not adequats. We can assert that are flnandally overthtthed thli yur arKI that we are cash Jtrnpped as rnsul¢ vthat wth th• cost of runnlng the thurth vls a vls rwi¢ sUp•nd and bllls. aut as • thurth we cannot fold ¢)ur hands and fe41 UnConmed. Flnallyi I want to thank Jll for ste•rfng thls thurth to thls helght. Th• rnwt hu b••n to thank paoph and hop• thll 2025 wlll be a succ•s8fv1 and bountlful Year. Thank Yiju Parfsh Shepherd Ev. Adernola Aklntola Tha flnandal rnwlts for th• yeari togethtr Wlth J fflmary of the accounung poiides adopted orn •rt out In th• accompanyln9 fln•ndal •tat•ments. Th• Tnte¢S have ert•bllshed a R•8•NU Polly• •nd ar• •UII atruggllng to hav• •uffld•nt fvnd to run th• thurdb. but wlth onaojng Income Bntldpatod, to onabh th• thyrth to functlon •ff•ctlv•iy In the a)mlng year. The Truiteu hava mode an aw•Mment af tha rnajor rl•k• fKlng th• thurth, •nd •r• MUJfi•d th•t th•rn •r• polldu In plac• to mlnlmlm th•M rEth•. Th• tru•t•M who ••r¥• durlng th• yMr w• Mr Ademola Aklntol Mr Ablola J. Colo Mrs Olufunk• Olumoy• Mr J. Budu-Ag9 Mr% Olutund• P. Ad•nirnn Mrj Ad•blsl Sangoblyl Truit•u •r• Ippolntsd by th• Board of Trustw. TRUSTEE8' RESPONSIBXLZTZI8 Charlty Law r•qulrnJ the trustees to prepare flnandal Jtatements for ejch flanadal yur whlth gfv• • true and falr vlew ol th• Jtsto of affalrn of the charfty at the year end and of Its Ineomlng resourcts and r•sourcas expended for that year. In preparfng those flnandal Itatements the trusteeg arn rqqulrnd to. •Mlect sultable accounljng polldes and apply conglstentlyi •make Judgement 4nd e¥Um•t•• that •r• reartable and pruden¢ "pre th• fln•ndal •tst•m•nts on th• ongolng concwn b••l• unl•M It l• In•pproprfat• to prejume that th• charfty wlll crtlnuo In opernuon Thé trusteu arn responglble for kaeplng propff accountlng records whlth dlsdose wlth reasonabl• aecurney at •ny tlma the flnandal posltlon of th• company and to enabla them to ensure that the flnandal statament comply the Charlttes Act 1993. They arn also rnSpolb1• for saf•guJrdlng theamets of the company and heno for taklng rojwiable •tw for th• pr•v•ntlon dat•ctlon of frnud and oth•r Irrngularltlu. Thlg report apprnved by th• board of tru•tw on 4 Mjrth 2025. Mr Adamola Aklntola (For th• Trustau)
CELEsfiAL CHURCH OP CHRisr HORI B OF GOD PARISH We report the aOUnts for thq year ended 31 Dacember 2024. whlth arn Mt airt on O to 11. The tharltyl trustees are for the preparatlon of the accounts. The charlty's trustees conslder that an audlt Is nrt rnqulred for th18 year under 8ecll¢n 144 of tha crItI•l Act 2011 {th• tharItI Att) and that an Ind•pend•nt •xamlnatlon l• nvd•d. 18 my responslblllty to: • •xamlne the accounts und•r MGtlon 145 of the Charftlo Ac¢ • to follow the proc¥duru lald down In the general Dlr•ttlon• glv•n by the Charlty Comml88lon (under 8ectlon 145(5)(b) of the Charltles Att), and • to whathar Palar mattern oJm• ts my attentlon. Ba•1• of Ind•p•nd•nt mmln•rf• T•POrt My mInatIOn wa• carrl•d out In •OrdanC• wlth th• g•n•r•l Dlr•cl¢)n• glv•n by th• Charlty Commlmlon. An •xamlnatlon Indudm a r•vJ•w of th• IoUntIng rKord• k•pt by th• tharlty and a Compar1 of th• •c(wnts preMrt•d wlth tho•• r•cord•. It al•0 Indude5 conslderatlon of any unu8uJI Items or dIa05U¥ In th• accounts. and seeklng •xplanalJons from you as trUStu• concernlng any Such matt•rs. The procedur undertakon do nrt provlde all th• •vldence that would be requlred In an audlt and ts)nsequ•nty no oplnlon li glv•n ai to whether the accounts presert a *rue and falr VIe and th• report l• Ilmlted to thom matttrn * out In tho Statsment below. Xnd•p•nknt •xamln•rf• •t•tsm•nt In conne(Ilon wlth my examln•tlon, no matter hal come to my attonuon. (l) which me r•Jwnable caum ts bollav• that In ary matarlal ra•pert thé requlrements: • to k••p accountlng records In accordance wlth sectlon 130 of the Charltles Act. * to prepare accounts whlch accord wlth the aCUntIng records and comply wltli the accountlng rnqulrements of the Charltles Art havg not been met. or (2) to whlch. In my oplnlon. attentlon Should ba drnwn In order to enable a proper under5tandlng of the accourbts to be reached. DIVINE CONSULT UMfTED 159 Boundfleld Road London SE6 ipe 4 March 2025
CELESTIAL CHURCH OF CHRIST HOREB OF GOD PARISH statement of Flnanclal Actlvltles for the year ended 31 December 2024 2024 2023 Retated Retated Total Total Unrestrlcted Restricted Fund Fund Income Resources Tlthes, offerlngs and thanksglvlng Glft Ald Bulldlng fund Other Income 67,979 17,698 602 67,979 17,698 602 70,049 20,359 742 Total Income Resources Resources Expended Support costs of actlvltles In furtherance of the charlty's objects 16,223 16,223 13,400 Management & Admlnlstratlon of Charlty Total Income Expended Net Incomlng/(outgolng) resources 2,104 2,104 8,616 Net Movements In Funds (2,104) (2.104) 8,616 Fund balances b/fwd 61,370 4,621.00 65,991 57,375 Prlor Year Adjustment 4.621 (4,621.00) Transfer to capltal redemptlon reserve (12.800) (12,800) Funds balances c/fwd
CELESTZAL CHURCH OP CHRIsr HORRB op GOD PARISH Bal•nc• 8he•t at 31 D•¢•mb•r 2024 2024 2023 Thnglble asseti 6,672 6,715 265 Inuestments held as currnnt 12,800 cash at bank and In hand 47,733 61,008 Cr•dltor•i amount• f•lllng du• vthhln OM y•Nr (1,650) (1,689) Nat Currant Agmts 46,083 59,319 Restrfctad funds 4,621 Unrnstrfcted Funds 51,087 61.370 R••trfct•d •nd Unr••trlct•d Vund• c/lwd. Approvad by the Board of Trustad and slgned on 4 Marth 2025. Mr Ade la Aklntola Mrs Qlulu Olumoya
ceLESTIAL CHURCH OP CHRisr HOREB OP GOD PARISH Nots• to the Mnand•l Stat•m•nts for th• •nd•d 31 D•c•mb•r 2024 l. Aecoundng Pollda• l.l) Accountlng Conv•ntlon The Flnandal Stat•m•nts h•s bean pr•pfirnd under tho hlstarfcJl cost convtIon. In IrdOnl wlth appllc8bl• UK Accountlng Standards and a150 wlth the rncomm¢ndJtlons In th• Stst•ment of Recomrnend Accountlng prncdca (SORP 2005) PKcountlng and Reportlng by CharItI - Imued In Marth 2005. The Charfty has t•k•n •dv•ntsge of th• •xempUon of PIMn¢lJl R•portln9 StsTha•rtl No, I from th• requlrements to produca a Cash Fl¢Jw Stat•m•nt on th• wound thot It quallfl •8 a wnall th•rlty. 1.2) Fund A¢countlng Genernl unrnstrlctsd funds represent unrestrictsd Income, vthlth IJ expendable at the dlscretlon of th• Trujtou In th• fvrthornnc• of th• obJ•cti of the charfty 1.3) T•nglbl• fix•d ••••t• Tanolble flxad assets cojtlng morn than £500 ar• capltallz•d •nd Includqd at cost Indudlng Jny Inddéntsi coit Depredatlon Is alculat•d on th• fixod Dslets to wrtt• off th• eort ol th• a88•ts l•M thdr resldual vjlues, In equal Instalm•nts ov•r thdr •xpected u8efiJl economlc Ilv•J. Th• •nnu•l rnt• In UM th 25116 pw •nnum. 1.4) Incomlng Ruoiirc•• Incoma li mainly from T1th and Offerfng, lIding fvnds. Glft Aldi grant and bank Irrter¢st racelved arn Induded In the flnandal statOnts when recelved. 1.5) R•qourc•• ExpMd•d All up•ndltur• l• accounted for on an accrual b)sls ind has be dassffled under headlngs that agarngate all ralated to the category. 1.6) Taxauon As a charftyi th• th•fft•bla fvnds arn ex•mpt from eOn tax but not froffl VAT. irrecovernble VAT18, In accordanc• rt4ndJrd acmuntlng prnctlc•, Indud•d In th• cogt of those itsms ts whlch It rnlat•8.
CELESTIAL CHURCH OF CHRIST HOREB OF GOD PARISH Notes to the Accounts for the year ended 31 December 2024 l Tangible fixed assets Church Vehlcle Church Equlpment Totsl Cost At l January 2024 At 31 December 2024 5,600 5,600 2,740 2,740 8,340 8,340 Depreciation At l January 2024 Charge for the year At 31 December 2024 1,120 1,120 2.240 548 548 1,668 1,668 3,336 1,096 Net book value At 31 December 2024 3,360 1,644 5,004 At 31 December 2023 4,480 2,192 6,672 2 Investments Other Investments 2024 2023 Unllsted Investments 3 Debtors 2024 2023 Trade debtors 265 265 4 Creditor•: amount• falllng due wlthln one yeJr 2024 2023 Trade CdItorS Restated 2023 S Funds Unrestrlcted Restrlcted 2024 At l January 2024 Net Incomlng Fund Transfer to capital redemptlon Prior year adjustments At 31 December 2024 61,370 (2,104) (12,800) 4,621 65,991 (2,104) (12,800) 57,375 8,616
CELEsfIAL CHURCH OP CHiiiir MOREB OP GOD PARISH Not•• to th• accounts (contlnu•d) 2024 2023 Pund Pund 6.1 INCOMING RESOURCE9 Tlthw, offqrlng and th4nlvlr Glft Ald IldlrwJ fvrnl 67,979 17,698 802 67,979 17,698 IX12 70.049 20,359 742 279 O.Z support G9•1• of a¢Uvltlu In fUrth•r•n of th• obJ•Qt•i Honornrfuml DoMtIoM Tralnlng •xp•nM• 3,250 3,890 1.902 759 Z17 6,632 760 760 900 11,253 prtnungi PO•ta9•, thtlon•ry & glft ard• 11.253 223 13 6.3 Manag•m•nt and Almlnl•tr•tlon of Crt & rnt•• Ught PA h••t 37.969 37,969 38,227 6,278 12,000 304 1,267 914 1,689 2,202 11000 11000 IMurnnc•• Telephon• & fax a•anlng 761 761 1,650 5,901 1713 676 3,295 151 1,650 5,901 2,713 a76 3.295 151 1,668 Charlty PAlmln •xp•rn Mlmlonary axp6n•e• Repally & Malnternnca Motor V•hld• &penMB Bank chary 2,520 179 1,668 160 69 134 10
CILESTXAL CHURCH OF CHRIsr Sch•dul• to th• Profft and Lo•• Account lor th• y•Thr •nd•d 31 D•¢•mb•r 2024 2024 2023 Tlthe8, offering8 & thank•Jlvlng Employ Pastoral allowance5 Thlning •xpenM8 Honornrluml Donatlo 12.OCKJ 12,000 1,902 Pram1 . Rent & Rate8 Ught and heat In•urnnc• 37,969 4,534 38,227 6,278 304 Genernl admlnlstrath expensu: Telephone and fax aeanlng ststloneryi prfntlng PA Gttt card• Charlty Admln expenses MIw41onary •xponMs Convention E¥p•nM• Bank charges Gen•rnl R•palrn & Malntenance Storng• Mrtor vohlde Expen Depredatlon 761 1,267 914 217 2202 960 5,901 2,713 11,253 151 676 760 3,295 6,632 179 1.886 759 2,520 Legal and profejslonal cosis: Accountsncy fees 11