## **Celebration Church United Kingdom Limited**
**Report of the Trustees and Unaudited Financial Statements**
**For the Year Ended 31 December 2023**
Company Registration Number: 6342138 Charity Registration Number: 1125784 Registered In England & Wales
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **Contents Page**
|**Section**|**Page**|
|---|---|
|Reference and Administrative Details|1|
|Trustees Annual Report|2 to 3|
|Review of Activities|4|
|Financial Review|5 to 6|
|Independent Examiner's Report|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Financial Statements|10 to 16|
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **Reference and Administrative Details**
|**Trustees**|Gregory MacQueen|
|---|---|
||Thomas Patrick Deuschle 111|
||Raphael Joseph Kamba|
||Boden Dollie|
||Kudzanai Washington Moyo|
||Isaac Farai Nyanhi|
||James Mashevedze (Resigned 13/12/23)|
|**Registered Office**|19 Titan Court|
||Laporte Way|
||Luton|
||Bedfordshire|
||LU4 8EF|
|**Company Registration Number**|6342138|
|**Registered In**|England & Wales|
|**Registered Charity Number**|1125784|
|**Company Secretary**|King Street Secretaries Ltd|
|**Independent Examiner**|James Walsh Accountant Limited|
||19 Titan Court|
||Laporte Way|
||Luton|
||Bedfordshire|
||LU4 8EF|
|**Bankers**|HSBC|
||26 Broad Street|
||Reading|
||Berkshire|
||RG1 2BU|
Page 1
## **CELEBRATION CHURCH UNITED KINGDOM LIMITED TRUSTEES’ ANNUAL REPORT**
## **1 JANUARY TO 31 DECEMBER 2023**
The trustees, directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015):
## **OBJECTIVES AND ACTIVITIES**
## **Object**
The Charity’s principal object set out in its governing document is to advance the Christian religion in the United Kingdom by spreading the message of the gospel.
In so doing, it recognises the Lord Jesus Christ as the Sovereign Head of the universal Church –
- a) To teach the word of God to all nations
- b) To administer the gifts of the Holy Spirit
- c) To administer the regular ordinances of water baptism and communion
- d) To promote discipleship and church growth through the establishment of cell groups e) To spread the Word of God and the gospel by ministering to people through church services, seminars, radio, television, and other forms of mass media
The trustees recognise that, as a charity whose aims include advancing the Christian religion, there is an overlap with the aim of prevention/relief of poverty and other aims with a social/community impact and so actively carry out such other aims as an expression of the Christian religion in achieving its principal object.
## **Strategic Overview**
Having planted ourselves firmly emerging out of the lockdown the previous year, 2023 was a year of establishment and rooting, with our Family Strategy and Community Projects model now in full implementation and driven by a new 3-year phase of Celebrate Family Food supported with 3 year's worth of portional scaled grant funding secured.
Our Sunday Services form the foundation upon which to carry our mission and vision. The essential elements of worship, teaching, prayer, and fellowship underpin our commitment to advancing the Christian Faith. We believe that faith should be dynamic and evident in our actions. Therefore, these services are a springboard for our charitable objectives, which are manifested through our Community Projects. By engaging with our community in this way, we demonstrate God's love through our active faith. Though we are now becoming more established, our strategic context remains that of a 'start-up church and continues to align with our stated charitable object, we continue to benefit from the invaluable support and collaboration with several other local churches and charities.
Our high-level focus can be summarised as follows- :
1. Our presence firmly planted in the Parkwood with a long term relationship established with Christ Church, we continue to strive to deliver on our vision of Building People, Building Dreams and Building the Kingdom of God.
- A space for worship and spiritual growth through discipleship and teaching based on the study of the Bible
- Providing relatable, actionable and transformational teaching based on the study of the Bible - on a Sunday and throughout the week.
- Opportunities where people can belong even before they believe, a ‘fresh expression of church’ to reach those who may not normally attend church in a traditional setting.
- Outreach work with direct social impact, partnering with other organisations in alignment ie. Primarily other church and local charities
- Evangelism through relationship building and outreach activities.
Page 2
2. Direct expenses to the local needs of people in the aftermath of Covod-19 and the impending cost of living crisis,especially children who would usually receive free school meals.
3. Family Strategy delivered through our Community Projects framework:
- Celebrate Family Food: running as cycles of recurring 6 week programme. Providing a recipe box incl. all fresh ingredients for a family meal. Includes a providing a space called “Stay and Play” for:
Befriending of mothers and their children, building relationships to lead to discipleship and long-term transformation
Family Finance and Debt counselling through training given by CAP (Christians Against Poverty). and Kent Money Guiders.
- Celebrate Juniors: afterschool club direct relationship with local schools
- Celebrate Youth: launched this year with 10 young people attending the first session – the space is for secondary school age children on a Friday afternoon
- Celebrate Easter / Summer / Christmas: For each of the school holidays we provided a free of charge 1 week children's 'non residential camp', providing amazing children’s activities, food, life-skills as well as teaching around faith and the Bible.
- A new space on a Saturday morning run ad-hoc, for fathers to bring their children, following the framework provided by “Who let the Dad’s Out”
## **Volunteers**
Volunteer numbers and engagement remained very high throughout 2023, as per the previous year, providing almost 3,000 hours of time across our activities. The Trustees thank every single volunteer for the generous investment of all their time, effort and financial resources making it a truly impactful year.
Page 3
## **Review of Activities**
The achievement of our major aims and objectives were as follows:
1. We began the year in step with all the CCI family of churches, with teaching focused on the theme for the year as well as a 21-day Daniel’s fast. For 2023 the theme was “The Year of the Abiding in the Holy Spirit”. We take great joy in seeing people start and grow in their relationship with God, and so at the end of January we had our first baptism service in Parkwood to give opportunity for individuals to publicly profess their faith through baptism by immersion.
2. Continuing our new weekly rhythm set in September the year before, we met in-person every Sunday: alternating between a set up as ‘cafe church’, gathering for “Team Development” session with more structure teaching. The purpose of these sessions was to strengthen and develop the core relationships and team culture, whilst going through “Entering the Kingdom” teaching in preparation for moving on to the Equipping Track
- 3
- By the end of the year, we saw average attendances for in person services reach 30 with the highest attendance of 40. Opportunities were also taken to visit other churches and provide both worship and preaching ministry.
- 4 A relaxed worship night was held on Good Friday, led by our growing Praise & Worship Team and Band. 5 This year saw the successful rollout of the start of a new 3 year phase of our community project Celebrate Family Food. In 2023, we changed the format from 8 to 6 week, and delivered six courses of the 6 week programme, which includes 40 different recipies. Each redip13 month project, we delivered five courses of the 8-week programme, which includes 40 different recipes. Each recipe has been provided as a simple pre-portioned kit ready for cooking. The recipes have been written with children in mind, so that the whole family can get involved in the cooking process and designed to be replicated at less than £2.50 per meal. Supporting this we partnered with a local school to deliver cooking classes using their onsite teaching kitchen. We provided 9.400 portioned meals by the end 12th Course, that is, 24,000 portions since the 1st Course in 2022:
- A. 80 different famalies have received meals this year, this equates to over 280 individuals.
- B. Once again, 100% of the famalies who completed a finisher survey at the end of their course could happily report that they had achieved their big win!
6. Our summer holiday activity is the highest attended. “Celebrate Summer” provided to give all children, especially those in low-income households, positive activities to engage with and introduce bible stories and conversations about faith. This summer, over 80 children from across our food courses and from the community chose to engage with our summer holiday activities. Our Celebrate Easter and Celebrate Christmas events were also well attended, each with avg. 40 children this year.
7. Church Summer Picnics - during the summer holidays we scaled back our Sunday services and met for fellowship at a local park during the month of August. With focus on a time of fellowship and shorter discussion-based teachings, for the last Sunday we joined together with the Vine and Connect Church for a joint picnic.
8. The church continues to take an active role in the South of Maidstone community together with multiple other churches, charities and community services through the Bridge People collaboration, providing a wide range of support directly alongside the local schools
9. The annual Celebration Churches International (CCI) conferences were attended via online services and Pastor Boden attended the Annual Action Conference in person. As always, this time of teaching, ministry, and fellowship at CCI conferences provides a valuable and key part of the resources made available to the Church by CCI for the equipping of Pastors across the Family of Churches and enriches the work that is done in the UK.
On-going performance is monitored dynamically in line with the expectations of a start-up church. A key component is the annual budget approved by the trustees. This is monitored on an ongoing basis by a sub-group of the trustees and the treasurer, with regular reports going to the full trustee board and CCI.
At this early stage, though growth and income are vital performance factors, other qualitative and strategic factors or milestones are prioritised such as gaining local traction, establishment of a permanent venue in the community and establishment and strengthening of networking relationships with other local churches and community projects.
## **Fundraising activities and income generation**
Usual income comprised of tithes and offerings of our faithful members. In addition, a substantial grant was awarded for the current phase of our community work, as well as a combination of other grants and corporate givers.
Page 4
## **FINANCIAL REVIEW**
## **Going concern**
The Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Therefore, they continue to adopt the going concern basis in preparing the financial statements. The Church's financial position is monitored on a monthly basis with reports and analysis on income, spending and account balances.
## **Reserves Policy**
The trustees approved a review of the Reserves and Investment policies: adding policy relating to programme related investments.
At 31 December 2023 the Charity held general unrestricted reserves of £62,649 At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to support the current level of expenditure and to continue in operational existence for the foreseeable future. It is acknowledged that, though having moved on from the initial impact of Covid-19 on the planned activities of the charity and delay on the strategic plans, which have been adjusted, Trustees are monitoring the financial after effects.
## **Principal funding**
The primary source of income remains tithes and offerings from the local congregation. However, grant funding, fundraising activities and wider donor giving, has and will contribute a portion of the income.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
Celebration Church United Kingdom is a charitable company limited by guarantee. It is governed by its Memorandum and Articles of Association dated 14 August 2007 and revised 22 August 2008.
## **Recruitment and Appointment of Trustees**
The trustees, who are also the members of the Charity, take responsibility for its governance, management and trustee appointments in accordance with its governing document. During this period, the Board had 7 active trustees, each with differing expertise to contribute to the delivery of the charity’s objectives.
## **Management**
The trustees met three times during the year. One of the meetings being the Annual General Meeting. Sub-committees of the board met in between these times focused on specific areas.
Responsibility for policy and key operating decisions of the charity rest with the trustees whilst the day to day operation has been delegated to the management team, who meet regularly on church and charity matters, under the leadership of the Lead Pastor.
The activities of the charity are predominantly volunteer-delivered.
## **Networking Relationships and Related Parties**
Celebration Church United Kingdom remains a member of the family of churches within Celebration Churches International (CCI) www.celebrationmin.org.
Through CCI the church receives apostolic leadership, resources, training and other support. CCI is responsible for a family of 100+ churches and church plants across the world as well as social impact projects in Africa helping in excess of 10,000 individuals.
In the UK, the Church is a member of the Evangelical Alliance -
Membership Number 232413
Page 5
## **Risk Management**
The Trustees review the major strategic, economic and operational risks, relevant to a small charity with few employees. Frameworks and procedures are in place to identify, monitor and review these risks on a regular basis.
All major insurable risks are subject to normal churches and employers’ insurance. Contractual risks are reviewed before being entered into, to assess that they could not significantly impact upon the Churches ability to fulfil its objectives. An annual review of all risk areas is undertaken by the trustees in conjunction with any staff and volunteers responsible for the area of activity.
The Charity has in place all the policies as per Charity Commission guidance and no significant material issues arose during the year in relation to these policies.
## **Public Benefit**
The Trustees confirm that they have paid due regard to the Charity Commission’s guidance on public benefit reporting in deciding what activities the charity should undertake. The Annual Report explains the Charity’s work during the year and how it has been carried out for public benefit.
## **Small Company Provisions**
This report has been prepared in accordance with the small companies’ regime under the companies Act 2006
24/10/2024 Approved by order of the Board of Trustees on _________________ and signed on its behalf by:
Boden Dollie - Trustee
**==> picture [74 x 24] intentionally omitted <==**
Page 6
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
Independent examiner's report to the trustees of
## **Celebration Church United Kingdom Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- 1 accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or that:
- 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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, or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
## **James Walsh FAIA FFA FFTA**
James Walsh Accountant Limited 19 Titan Court Laporte Way Luton Bedfordshire LU4 8EF
Signed
James Walsh Date 24th October 2024
Page 7
## **Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **STATEMENT OF FINANCIAL ACTIVITIES**
|**STATEMENT OF FINANCIAL ACTIVITIES**
**Notes**
**Income From**
Donations and legacies
2
Book Sales
Celebrate Family Food Grant
3
Celebrate Kids Grants Funding
Sponsorship & Donations
3
Interest Receivable
**Total**
**Expenditure on Charitable Activities**
Ministry
Celebrate Family Food Expenses
Community Projects Staff &Management Costs (restricted)
Celebrate Kids Expenses
Support costs
Finance costs
Governance
3
**Net Income (Deficit)**
**Reconciliation of Funds**
Total funds brought forward
7
**Total Funds Carried Forward**|**Total**
**Funds**
**31.12.2023**
**£**
15,137
5
112,744
25,566
8,069
233|**Total**
**Funds**
**31.12.2022**
**£**
21,377
70
108,142
0
0
44|
|---|---|---|
||161,754|129,633|
||13,786
39,626
86,536
8,488
3,236
309
6,656|13,519
31,813
61,812
6,927
4,731
304
7,639|
||158,637|126,745|
||3,116
59,532|2,888
56,644|
||62,648|59,532|
Page 8
## **Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
|**BALANCE SHEET**
**Notes**
8
9
10
11
11a
12
Debtors
**Fixed Assets**
Tangible assets
**Current Assets**
Stocks
**Creditors**
Cash in Bank
(of which £51,459 (2022 £18,086) was restricted)
**Creditors**
Amounts falling due within one year
**Net Current Assets**
**Total Assets Less Current Liabilities**
Funds held on behalf of - Celebration Church International
**Net Assets (Liabilites)**
**Funds**
Unrestricted Funds
Restricted Funds
**Total Funds**|**Total**
**Funds**
**31.12.2023**
**£**
5,265
350
2,619
111,390|**Total**
**Funds**
**31.12.2022**
**£**
2,779
350
2,404
77,852|
|---|---|---|
||114,360|80,606|
||5,483|5,090|
||108,877|75,516|
||114,142
51,493|78,295
18,763|
||62,649|59,532|
||59,532
3,117|56,644
2,888|
||62,649|59,532|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small- companies regime.
The financial statements were approved by the Board of Trustees and were signed on its behalf by:
**==> picture [76 x 24] intentionally omitted <==**
Gregory MacQueen - Trustee
24/10/2024
Date
The notes form part of these financial statements
Page 9
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **NOTES**
## **1 ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and, the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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, these have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making allowance for obsolete and slowmoving items.
Net realisable value is based on selling price less anticipated costs to completion and selling costs. Items donated for resale or distribution are not included in the financial statements until they are sold or distributed.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 10
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **NOTES / CONTINUED**
## **2 DONATIONS**
|Committed giving
CMC Appeal Donations
Offerings for Specific Purposes
Celebrate Family Food Donations
Bible Fundraiser/Entering the Kingdom
Gift Aid tax reclaimable
Investment Income
**Other Income**
Bookshop Sales
3
**CHARITABLE ACTIVITIES**
**DONATIONS**
Corporate Sponsorship/Donations
Celebrate Family Food Sponsorship/Donations
Celebrate Kids Sponsorships/Donations
General Community Donations
**GRANT FUNDING**
**Celebrate Family Food Project**
National Lottery (Reaching Communitiesl)
Kent Community Foundation
EK360Hypertension Grant
Colyer Fergusson Charitable Trust
Golding Homes
Maidstone Borough Council
**Celebrate Kids Project**
Missionary Friends
Hillier Trust
Rank Foundation
Garfield Weston
Family Trust
HAF
Maidstone Lions
**Sub-total**
**TOTAL INCOMING RESOURCES**|**31.12.2023**
**£**
11,707
152
650
70
2,558|**31.12.2022**
**£**
10,521
674
100
7,753
285
2,044|
|---|---|---|
||15,137|21,377|
||233|44|
||||
||5|70|
||**31.12.2023**
**£**
0
5,329
2,740
0|**31.12.2022**
**£**
18,272
33,152
500
20|
||8,069|51,944|
||89,572
10,750
1,922
10,000
0
500|48198
6,000
0
0
2000
0|
||112,744|56,198|
||500
8,000
1,500
10,000
4,000
1,108
458||
||25,566|0|
||||
||146,379|108,142|
||161,754|129,633|
Page 11
## **4 NET INCOME / (EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Depreciation - owned assets
Depreciation - owned assets|**31.12.2023**
**£**
1,380|**31.12.2022**
**£**
1,378|
|---|---|---|
||1,380|1,378|
## **5 TRUSTEES' REMUNERATION AND BENEFITS**
During the year a Trustee received a salary of £7892 (2022 - £8,640)
## **6 STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
|**31.12.2023**
**£**
Wages and Salaries
7,892
7,892
The average monthly number of employees during the year was as follows:
**31.12.2023**
Charitable activities
1
1|**31.12.2023**
**£**
7,892|**31.12.2022**
**£**
8,640|
||7,892|8,640|
|||**31.12.2022**
1|
||1|1|
Community Projects Staff are employed through a subsidiary Management Company and the costs are reflected in 'Community Projects staff & Management Costs (Restricted)'
No employees received emoluments, in excess of £60,000.
Page 12
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **NOTES / CONTINUED**
|||**2023**|**2022**|
|---|---|---|---|
|**7**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||
|||**Unrestricted**|**Unrestricted**|
|||**Funds**|**Funds**|
|||**£**|**£**|
||**INCOME AND ENDOWMENTS**|||
||Donations and Legacies|15,137|21,377|
||Celebrate Family Food – Grants/Donations|118,074|108,142|
||Celebrate Kids Grants/Donations|28,306||
||Other income – Investment income. Interest|233|44|
||Book sales|5|70|
||**Total**|161,755|129,633|
||**LESS: EXPENDITURE ON**|||
||**Charitable activities**|||
||Ministry|13,786|13,519|
||Celebrate Family Food Expenses|39,626|31,814|
||Community Projects Staff &Management Costs|86,536|61,812|
||Celebrate Kids Expenses|8,488|6,927|
||Support costs|3,236|4,731|
||Finance Costs|309|304|
||Governance|6,656|7,639|
||**Total**|158,637|126,746|
||**NET INCOME**|3,117|2,888|
||**RECONCILIATION OF FUNDS**|||
||**Total funds brought forward**|59,532|56,644|
||**TOTAL FUNDS CARRIED FORWARD**|62,649|59,532|
|**8**|**TANGIBLE FIXED ASSETS**|||
|||**Equipment**|**Equipment**|
|||**£**|**£**|
||**COST**|||
||At 01 January 2023|11,230|10,781|
||Additions||449|
||Disposals|(1,995)||
||At 31 December 2023|9,235|11,230|
||**DEPRECIATION**|||
||At 01 January 2023|8,451|7,072|
||Charge|1,380|1,378|
||Disposals|(5,861)||
||At 31 December 2023|3,970|8451|
||**NET BOOK VALUE**|||
||At 31 December 2023|5,265|2779|
||At 31 December 2022|||
Page 13
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **NOTES / CONTINUED**
## **9 STOCKS**
|**9**
**STOCKS**|||
|---|---|---|
|Books & Resources
**10**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Gift Aid recoverable
Social security and other taxes
**11**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals
**11a CREDITORS: AMOUNTS FALLING DUE OVER ONE YEAR**
Funds held on behalf of Celebration Ministries International|**31.12.2023**
**£**
350|**31.12.2022**
**£**
350|
||350|350|
||**31.12.2023**
**£**
2,619|**31.12.2022**
**£**
2,398
6|
||2,619|2,404|
||**31.12.2023**
**£**
5,483|**31.12.2022**
**£**
5,090|
||5,483|5,090|
||||
||51,493|18,763|
Page 14
**Celebration Church United Kingdom Limited For the Year Ended 31 December 2023**
## **NOTES / CONTINUED**
## **12 MOVEMENT IN FUNDS**
## **Comparatives for movement in funds**
|General fund
**TOTAL FUNDS**|**At**
**01/01/2023**
**£**
59,532|**Net**
**Movement**
**in Funds**
3,117|**At**
**31/12/2023**
**£**
62,649|
|---|---|---|---|
||59,532|3,117|62,649|
## **Comparative net movement in funds, included in the above are as follows:**
|General fund
**TOTAL FUNDS**
**13**
**RESTRICTED FUND BALANCES**
**Celebrate family food project:**
National Lottery (Reaching Communities)
Kent Community Foundatiion
BK360 Hypertension Hero Grant
Colyer Fergusson Charitable Trust
**Celebrate kids project:**
Missionary Friends
Hillier Trust
Rank Foundation
**TOTAL**|**At**
**01/01/2022**
**£**
56,644|**Net**
**Movement**
**in Funds**
2,888|**At**
**31/12/2022**
**£**
59,532|
|---|---|---|---|
||56,644|2,888|59,532|
|||18965
10500
1367
8831||
|||39,663||
|||500
71
1,445||
|||2,016||
|||||
|||41,679||
## **14 RELATED PARTY DISCLOSURES**
Charity Commission approvals were necessarily requested and received for the related party transactions for the year ended 31 December 2023 for the payment of a salary of £7,892 to a Trustee, by way of a monthly paye wage included under Staff Costs, referred to in note 5.
The administration of the community work and projects of the charity, are carried out by a wholly owned subsidiary company of the charity with 5 employees specifically and exclusively dedicated to the work and administration of this charity, included under 'Community Project Staff & Management Costs (Restricted) referred to in note 7.
## **15 ULTIMATE CONTROLLING PARTY**
The charity is controlled by the trustees who are the members of the company. There are no persons of significant control.
Page 15
## **Celebration Church United Kingdom Limited For the Year Ended 31 December 2023 NOTES / CONTINUED EXPENDITURE**
|**Charitable activities**
**Ministry**
Services Venue rent
Church co-ordination expenses
Bible Fundraiser Expenses
Insurance
Telephone
Postage and stationery
Subscriptions and memberships
Multi Media Expenses
Sundry expenses
Conference Expenses
Missions, Outreach & Refreshments
Trustees remuneration
Celebrate Family Food Expenses
Celebrate Kids Expenses
**Community Project Staff & Mnagement Costs**
Celebrate Family Food Staff Costs
Celebrate Kids Staff Costs
**Support costs**
Storage
Computer software and website costs
Staff welfare and training
Profit/Loss on Disposal of Assets
Depreciation of equipment
**Finance**
Bank charges and interest
**Governance costs**
Accountancy & book-keeping fees
Legal & Professional fees
Bookkeeping
Statutory filing fees
**Total resources expended**
**Net income/(expenditure)**|**31.12.23**
1,749
572
0
875
179
126
202
201
96
1,537
358
5,896
7,892
39,626
8,488
69,465
17,071
86,536
1,692
594
0
(431)
1,380
3,236
309
2,160
3,366
1,092
38
6,656
158,638
3,117|**31.12.2022**
2,260
572
342
872
314
192
327
0
0
0
0|
|---|---|---|
|||4,879|
||||
|||8,640|
||||
|||31,814|
||||
|||6,927|
|||61,812|
|||61,812|
|||2,603
492
257
0
1,378|
|||4,730|
||||
|||304|
|||2,422
4,280
900
36|
|||7,638|
|||126,744|
|||2,888|
Page 16