Celebration Church United Kingdom Limited Report of the Trustees and Unaudited Financial Statements For the Year Ended 31 December 2024 Company Registration Number= 6342138 Charity Registration Number.. 1125784 R¢gist¢rd In England & Wales
Celebration Church Uniled Kingdom Linjiled For the Year Ended 31 December 2024 Contents Page Section Page Reference and Administrative Details Ttustees Annual Report 2to3 Review of Activities 4t05 Financial Review 6t07 Independent Examinevs Report Statement of Financial Activities Balance Sheet io Notes to the Financial Statements 11 to 17
Celebration Chureh United Kingdom Limited For the Year Ended 31 Deeember 2024 Reference and Adminlstrative Details Trustees Gregory MacQueen (Resigned) 2411212024 Thomas Patrick Deuschle I I I Raphael Joseph Kamba B(Mlen Dollie Kudzanai Washington Moyo Isaac Farai Nyanhi Registered Offiee 19 Titan Court Laporte Way Luton Bedfordshirc LU4 8EF Company Registration Number 6342138 Registered In England & Wales Registered Charity Number 1125784 Comp#ny Secretary King Street Secretaries Ltd Independeni Examiner James Walsh Accountant Limited 19 Titan Court Laporte Way Lulon Bedfordshire LU4 8EF Bankers HSBC 26 Broad Sireel Reading Berkshire RGI 2BU Page I
CELEBRATION CHURCH UNITED KINGDOM LIMITED TRUSTEES, ANNUAL REPORT I JANUARY TO 31 DECEMBER 2024 The trustees. directors of the charity for the purpoqes of the Compani¢% A¢1 2(M16, preq¢nt their report with thc financial statements of th¢ charity fc)r the ycar cndcd 31 Dcccmber 2024. Thc trustccs have adopted the provisions of ALLounting and R¢porting by Charities-. SORP applicable to Chariti preparing th¢ir account8 in a¢u)rdancc with thc Financial Reporting Standard applicabl¢ in ihe UK and Rcpublic of Ircland (FRS 102) {eftective l January 2015).. OBJECTIVES AND ACTIVITIES Objeet Th¢ Charity's principal object set out in its governing document is to advan¢¢ th¢ Chri8tian religion in the United Kingdom by spreading the message of the gosp¢l. In so doin& it recognises the Lord Jesus Christ as the Sover¢ign Hd of th¢ univcrsal Church- a) To teach thc word of to all nations b) To administer the gifts of the Holy Spirit c) To administcr the rcgular ordinances of water baptism and ci)mmvnion d) To promote dis¢ipl¢ship and Church growth through thc cstablishmenl of cell group8 c) To spread thc Word of G(Kl and the gospel by ministering to p¢()pl¢ ihrc)ugh church services, seminars, radio, television, and other fornis of m888 media The trustees recognise that, as a charity whose aims include advancing the Christian religion, there is an overlap with ihe aim of pr¢v¢ntion/r¢lief of poverty and oiher aims wilh 2 s(Kiallei)mmunity impact and so actively carry out su¢h ()th¢r aims as an eXprs1On of. the Christian religion in a¢hi¢ving its principal objcct. Strategic Overview 2024 marks a yedr of strength¢ned f(wndations to build upon with our Family Strategy and Communiry Projects thriving wrythin the 3 year's wi)rth of portional scaled grant funding s¢cur¢d for C¢lcbrate Family the previous year. Our Sunday S¢rviccs torm the toundation upon .hICh lo cdtry OUT niission and vision. The Lb%ential ¢l¢m¢ntb of worship, teaching. prayer, and fellowship undery)in our commitment to advancing the Christian Faith. W¢ bclicve that faith should be d)M2mic and evident in our actions. Therefore. these servic&4 ar¢ a springbogrd tor our charitable thjectives, which ar¢ manif¢%t¢d thrc)ugh our Community Projects. By engaging with our community in this way. we demonstrat¢ G(Nl's lov¢ through our active faith. Though we are now b¢coming more established. our strategic c()nt¢xt r¢main% that of a 'start-up church and Continu to align with our 8tated charitable objeci, we continu¢ tc) b¢n¢fit tro¥n thc invaluable suppon and collaborlltion with sev¢ral oiher Ial churches and charities. Our high-lcvel tocus can be summarised as follows- . Our presence firn)ly planted in the Parkw(K-K] with a loiig terni relaiionship esiabli%h¢d with Christ Church on Wallis Avenue. we continue to strivc to dclivcr on our vision of Building People. Building Dr¢ams and Building the Kingdom of G()d. A space for w()rshrp dnd spiritual oWth through discipl¢%hip and teaching based on the study of the Bibl¢ Providing relatable. actionable and tran%forniational tcaching based on the study of the Bible- on a Sunday and throughout the week. Opponunities where people can b¢l()ng ¢ven b¢for¢ they believe. a 'fresh expressiibn (Trf chur¢h' t() rrach those who may not nornially attend churih in a traditional setting. Outrcach work with direct SLKial impa¢t, partnering with other organisations in alignment ie. Primarily c)th¢r church and local Ihariti¢ Evangelism thri)ugh r¢lation%liip building and outreach activiti¢s. Dir¢Lt cxpcnses to the Ial need% ()f p¢opl¢ in thL aficrmaih of Coi'id-19 and ihe impcnding cost of living CTiSlS. espeLi#lly ¢hildr¢n who would usually re1ve tree sch(K)I mrdl5. Pagc 2
Family Stral¢gy delivered through our Community Projecls fvamewk. Celcbrate Family F].. running ds ¢y¢les of re£urring 6 wcck programme. Providing a recipe box incl. all fresh ingredients for a family meal. Includes a providing a spacc called'stay and Play" for= Betsicnding of mothers and their children, building relationships to lead to discipleship and long-tcrm 'trangfonnation Family Financc and Dd)t counselling through traitiing given by C.AP {Christians Against Poverty}. and Kent Money Guiders. Celebrat¢ Juniors: aftcrs¢hool club direct rclationship with l(Kal schools, we laun¢hed a second group Celcbrat¢ Youth.. launched the previous year, 10-15 young p¢opl¢ regularly artending - the space is for secondary schTh)I dge children on a Friday aftemwn Celebrat¢ E88t¢r I Summer I Christmas (ni)w Celebrate Ncw Y¢8r): For each of the schwl holidays we provided a free of charge I week children'5'non residential camp,. providing amazing childrcn's a¢tikities, food, life-skills as well as iea¢hing around faith and ihe Bible. Volunteers Volunteer numbers and engagement r¢main¢d very high throughout 2024, as per previous y¢ars. providing almost 3.000 hours of time across our activities. Th¢ Trust¢¢% thank every singl¢ volunteer for the generous investment of all their Éime. cffort and financial resources making it a truly impact1 year. Page 3
CELEBRATION CHURCH UNITED KINGDOM LIMITED TRUSTEES, AIYNUAL REPORT I JANUARY TO 31 DECEMBER 2024 Revieiv of Activities The achi¢vcmcnt of our major aims and objectives werc as follows.. W¢ began the year in step with all the CCI (amily of church&q. with teaching fu¥¢d c)n thc thcFll¢ fur th¢ ycar as well as a 21-day Daniel's fa%t. F()r 21124 the theme wa% "Th¢ Y¢ar (If Stepping Through th¢ Opcn D(Kir" Each year, we take great joy in s¢¢ing pwplc start and grow in their relationship with GIN]. and so in the summer we had our fir%t baptisms at thc bcach servicc to give opportunity fi)r individuals to publicly prvfths th¢ir faith through baptism by immersion. It was a wonderful lime of family and sharing. A% of th¢ start of 2024, we have rcgulariscd our m¢eiings with 3 out of 4 Sundays in a m()nth being a n()rn)al worship scrvic¢ and thc last Sunday being a more relaxed family outreach service we ¢all Stay and Pray- rcflccting the samc atmosphere and fellow%hip cnviri)nm¢nt seen during our community work "Stay and Play" sessions during th¢ w¢¢k. By the end of the y¢ar, Sunday Servic¢ att¢ndan¢e grew STgnificantly as new tatnilies joined, average aitendance 35 Adulib and 18 Childrcn. Peak attendance was 45 and 25 children which brought IJS Llo4¢ to the maximum capacity for our venue. Opportunities were also taken io visit c)ther ohurchcs and provid¢ both worship aEEd preaching mintstry. In April we welcomed our Seni()r Pastor Tom Deuschl¢ with Pastor Taz and Pastor Thandi from CCI for a UK mini%try trip inlluding a serics of mcctin&8 in homes across the country culminating in a meet up on the Saturday and our usual Sunday Service with a total attendance over 250 people. Sin¢e his wigit, th¢ 'dibciplcship model. has become an exciting buzz as w¢ b¢gin establishing gcographical "hubs" of house churches, 12 initial house churches were identified. A worship & testimonies night was held in June, it was a powerful lim¢ of praise and worship as wc marked halfway through the year, with a nunib¢T ()f br¢¢ikthrough tcstimoni¢s shar¢d. Ill August we held a retreat to celebrat¢ 20 years of CCUK - 30 familics attcndcd including those from our wider UK church family that have b¢¢n m¢¢ting in homes. Our ¥i)mTnunity project Celcbrate Family FIKKI cntered its 2nd year of the 3 year pha%¢d funding. In 2023. wc changed the forn)at from 8 to 6 week, and delivered tsix c()urse.4 of the 6 w¢¢k programm¢, which includes 40 different recipies. Ea¢h r¢cip¢ ha4 b¢en provided as a 8iTnplc prc-portioned kit Teady for Cking. The recipes have been tt¢n with childrcn in mind. so that (he whole family can gel involved in the c(x)king proc¢%$ and de%ig¥t¢d to bc rcplicatcd at less than £2.50 per m¢81. Thi% yrar wc bccam¢ memb¢r.4 c)f th¢ F¢cding Britain network. We provided 8,814 portioned m¢als by th¢ cnd ot 2024. tliat is a running toial of 34,700 portions since ihe 1st Course in 2021.. A. 78 dillerent lamilies have reeeiv¢d m¢als this year 2, and cquatCS to 283 individuals. B. On¢¢ tsgain, l(K)/o of the familics who completed a tinisher survey at the end of thcir cours¢ could happily rcport that they had achieved their big winl One person r¢p()rted- "B¢for¢ this I never came to church, now we love coming as seeing ¢v¢ryone there, Et's our safe spacc." C. 115 new people visited our Stay & Play s¢ssi(ms, and 163 rcturning visitors. Our %ummcr holiday activity is always the highest attended. "C¢l¢brdte Summer" aims to give all children, especially ihose in low- income househ()Ids, p()siiive a¢tivitics to cngagc with and introduce bible stories and conversations ab(Trul faith. This year 70 childrcn attcndcd & we liad to move venue to the Ial school in ord¢r to J¢¢OTnmodate. Teaching this year was th¢m¢d on J¢sus & Moses. Celebrate Chri%tmas was changcd to Cclcbratc Ncw Year as we noticed that there is a gap aftcr all the Christmas activities. BcTrth thc Easter and New Year events were well aiiended. each with avg. 40. Church Summer PiLni¢s - during the summcr holidays wc scaled back our Sunday servi¢¢% and Tn¢t for tcllowship at a l(Kal park during the monih of August. With f()¢us on a time of family f¢llc)wship and shorter discussion-based teachings. The annual Cel¢brati()n Chuich¢s IntLrnational (CCI) Lonf¢rcnccs wcrc attcndcd via online services and Pastor B()d¢n aii¢nded the Annual Action Conference in person with a team ot. 5. As alway%. thi% time ()f te#Lhing, ministry. and tcllowship at CCI conf¢r¢nccs providcs a valuablc and key part of thc rcsources madc available to ihe Church by CCI for the equipping of Pa4t()r a¢ros8 the Family of Churches and enriches the work that is done in the UK. On-going perforn)ance is m()nitored damicallY in line with ihe ¢xpcctation8 1)f a 4lart-up church. A key component is the antiual budget appr(Trv¢d by thc tru8tcL's. This is monitored on an oJ)going basis by a sub-group of the trusteets and the treasurer. with regular rq)0rt8 going to the full trustee board and CCI. Ai this early stage. th(iu¥h ¥ri)wth dnd incomc arc vital p¢rfc)rmancc factors. othcr qualitative and strategic factors or milestones are prii)ritiNed %ULh as gaining local traction. eslablishmcni of a pern)anent venue in the community and ¢%tablishment #nd str¢ngTih¢ning of networking relationships with other Il8[ ¢hurLhth and Lommunity PT(Trject%. Page 4
Fundraising aetivities #nd Income generation Usual incom¢ c()mprised of tithes and offerings of our faithfijl members. In addition. a substantial grant was awaTded for thc currcnt phase of our community work, as well as a combination ot othcr grants and ¢()rporate givers. P8ge 5
CELEBRATION CHURCH UNITED KINGDOM LIMITED TRUSTEES, ANNUAL REPORT I JANUARY TO 31 DECEMBER 2024 FINANCIAL REVIEW Going concern The Trustees have a reasonable expe£taiion thai the charity ha% adcquatc rLsourccs to continue in operatii)nal exisl¢nL¢ for th¢ for&%e¢abl¢ futurc. Thcrcforc, thcy continue to adopi the going concern basi4 in preparing thc financial statements. The Church's finarkcial position is monitored on a m()nthly ba%ks with rtpvrts and analysis on income. spending and a¢¢i)unt balanc. Reserves Pollcy The Irustth approv¢d d r¢vi¢w of the Reserves and Invcstment policies.. adding policy relating to PTogramme related investments. At 31 Dec¢mb¢r 2024 the Charity held general unrestricted res¢rv¢% of £69,447 At the time of approving ihe financial statancnts, thc Trusiees have a reasonable ¢xpe¢tation that the charity has adcquate resources to supp(Trrt Ihc current Icvcl of cxpenditure and to coniinue in operational cxistence for the toreseeable future. It is acknowl¢dg¢d that. though having MOV ()¥t from the initial impact of Covid-19 on the planned activitith ()f the ¢h8rity and dclay on thc stratcgic plans, which have been adju5tcd, Trustees are monitoring the financial afier effe¢ls. Principal funding The primary sourc¢ of incomc rcmains tithes and offerings from the l(Kal congr¢gation. However, grant funding, fundraisTng activiti& STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng Document Ccl¢bration Church Uniied Ktngd()m is a charitablc company limited by guarantee. It is governed by its MemLYandum and Articlcs of Association dated 14 August 2(7 and revised 22 August 2008. Re£ruitment and Appolntment of Trustees Thc trustees, who are dlsi) th¢ mejnbcrs of the Charity, take resp7b1IIty for its governance, manag¢m¢nt and trustcc appotntments in accordanc¢ with its goveming dUMent. During this p¢ri(Kl. the Board had 6 d¢tive trustees. each with differing ¢xpertis¢ to contribute to the delivery of the ¢harity'g objcctives with one retiring in December. the tinal number of trusttts at year end being 5. Managemenl Th¢ trustCC5 met three times during the year. One of the meetings b¢ing the Annual General Meeting. Sub-¢ommitt¢es of thc board met in between ¢hes¢ times t(Kused on specific ar¢as. Rc8ponsibility tor policy and key operating dccisions of thc charity rest with the trustccs whilst the day to day operatii)n has bcen delegated t() th¢ management team. who meet regularly ()n ¢hurch and charity matters, under thc Icadcrship of the Lead Pasior. The activitics ol'the charity are predominantly volunt¢¢r-dclivered. NetiTrorking Relailonship$ and Related Parties Celebration Church Unitcd Kingdotn remains a member of the tamily of churches wiihin C¢lebration Churches International (CCI) vw.¢¢l¢brationmin.org. Through CCI thc church receives apost()IiL l¢ad¢Tship, rc%ourccs, training and other support. CCI is responsible for a family of IO0+ churches and church plant8 across the world as well as social impact projects in Africa helping in cxccss of l O.(K)O individuals. In th¢ UK. the Church i% a membcr of thc Evangelical Alliance- Membership NuTnb¢r 232413 Risk Management Thc Trusiees revi¢w th¢ Tnajor strategic. economiL and operational risks. relevant io a %mall charity with tcw ctnployees. Frameworks and pr()c¢durcs are in place lo identify, Tnonitor and rcvicw these risks ()n a i¢gular basis. Pagc 6
All major insurablc risks are subject to nornial churchcs and employers, insuTance. Contractual risks are reviewed before being entcrcd into, to assess ihal they could not significantly imp8¢t upon the Church¢s ability to fulfil its objectives. An annual review of all risk arcas is undertaken by the trust¢Cs in conjunction with any staff and volunteers res]x)nsible for th¢ area of a¢tivity. Thc Charity has in placc all the poli¢ies as per Charity Commission guidance and no signifirant maierial issues arose during the y¢8r in r¢lation to thesc poli¢ies. Public Benefit The Trustcc8 confirn) that they hav¢ paid due regard to the Charity Commission's guidance on publi¢ b¢nefit reporting in dcciding what activiti¢s the charity should undenake. The Annual Rqrt cxplains the Charity's work during the year and how it has been carried out for public bcncfit. Small Company Provisions This report has been prepared in accordance with the small compattics. rcgime under the companies A¢t 2006 Approved by order of the Board of Trustees on 3011012025 and signed on its behalf by.. Ben Dollie- Trustee Page 7
Celebration Church United Kingdom Limited For the Year Ended 31 December 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES Independent examiner's report to the tru4tees of Celebration Chureh 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 2024. 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 tn accordance with the requirements of the Compani¢8 Act 2006 ('Ihe 2006 Act,). Having satisfied my8elf that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examtnation. I report in respecl of my examination of your Charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In earr)?ng 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 confinn that no matter8 have come io my attention in connection with the examination giving me cause to believe- accounting records were nol kept in re%pect of the Company as required by 8e¢tion 386 of the 2006 Act. or that: the accounts do not aecord with those records; or the account% do not comply with the accounting requirement8 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 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 Stsndard applicable in ihe 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 undersLinding of the accounis to be reached. James Walsh FAJA FFA FFTA James Walsh Accouniant Limited 19 Titan Court Laporte Way Lvton Bedfordshire LU4 8EF Signed es Walsh Date 130th O¢iober 2025 Page 8
Celebration Church United Kingdom Limited For the Year Ended 31 Deeember 2024 STATEMENT OF FINANCIAL ACTIVITIES Total Funds 31.12.2024 Total Funds 31.12.2023 Notes Income From Donations and legacies Bk Sales Celebrate Family F{ Grant Celebrate Kids Grants Funding Sponsorship & Donations Interest Receivable Other.. Statutory Payments Totgl 35.163 15,137 93,570 i 0,000 26,773 261 9,308 175,075 112,744 25,566 8,069 233 161,754 Expenditure on ChAritYdble Activitles Ministry Celebrate Family Food Expenses Community Projects Staff &Management Costs (restricted) Celebrate Kids Expenses Support costs Finance costs Governance 17,045 36,729 99,526 5,445 2,017 419 7,096 168,277 13.786 39.626 86,536 8,488 3,236 309 6,656 158,637 Net Ineome (Defitit) 6,798 3,117 Reeonciliation of Funds Total funds brought forward 62,649 59,532 Tot41 Fullds Carried Forward Page 9
Isaac Nyanhi Isaac Nyanhi (Oct 30, 2025 12:40:04 GMT)
30/10/2025
Celebration Church United Kingdom Limited For the Year Ended 31 December 2024 NOTES ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, whieh is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statemenl of Recommended Practice applicable to charities preparing ih¢ir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial R¢porting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial slatements have been prepared under the historical cost Convention. Income All ineome is recognised in the Statement of Financial Activities once the charity has entiilement lo the funds, il is probable that the income will be received and, the amounl can be measured reliably. Expenditure Liabilitie% are recognised as expenditure as soon as there is a legal or constructive obligation committing the charily 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. Expendilur¢ is accounted for on an accruals basis and has bttn classified under headings that aggregate all cost relaled to the category. Where costs cannot be directly attributed to particular headings, th¢se have been allocated to activities on a basis consistent with ih¢ use of resources. Tangible fixed assets Depreciation is provided at the following annual rntes in order to write off each asset over its estimated useful life. Equipment _ 200/tr on reducing balance Stocks Stocks are valued at the lower of cost and net realisable value, after making allowance for obsolete and slow- moving items. Net realisable value is based on selling price less anli¢ipated costs to completion and selling costs. Items donaied for resale or distribution are not included in the financial stalements until Ihey are sold or distributed. Taxation The Charity is exempi from corporation tax on ils charitable acltvilies. Fund accounting Unrestricted funds can b¢ used in accordance with the charitable objectiv¢s 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 charilable company operates a defined contribution pension scheme. Contributions payabl¢ to the charitable company's pension scheme are charged to the Statement of Financial Activilies in the period to which they relate. Pagell
Celebration Church United Kingdom Limited For the Year Ended 31 December 2024 NOTES I COIYTINUED DOIYATIONS 31.12.2024 31.12.2023 Committed giving CMC Appeal Donations Offerings for Specific Purposes Bible FundraiseTIEntering the Kingdom Gift Aid tsx reclaimable 27,381 11,707 152 650 70 2,558 15,137 3,400 4,381 35,163 Investment Income 261 233 Other Income Bookshop Sales Statutory Payments 9,308 CHAIUTABLE ACTIVITIES 31.12.2024 31.12.2023 DONATIONS Celebrate Family Food SponsorshipDonattons Celebrate Kids Sponsonships/Donations 2,096 24,678 5.329 2,740 8.069 GRANT FUNDING Celebrate Family Food Project National Lottery (Reaching Communities1} Kent Community Foundation EK360Hypertension Grant Colyer Fergusson Charitable Trnsl Golding Homes Maidstone Borough Council 78,570 89,572 10,750 1922 ioooo 10,000 500 4,500 500 Celebrate Kids Project Missionary Friend Hillier Trust Rank Foundation Garfield Weston Family Truqt Cantiacorum 500 8000 1500 i 0000 4000 5,000 1,000 HAF Maidstone Borough Council Maidstone Lions 1108 4.000 458 25566 Sub-total 130 344 146 379 TOTAL INCOMING RESOURCES 175,076 161,754 Page 12
NET INCOME I {EXPENDITURE) Net incomel(expenditure) is stated after chargingl(crediting)- 31.12.2024 31.12.2023 Depreciation - owned &8sets 1,175 1,380 Depreciation- owned assets TRUSTEES, REMUNERATION AND BENEFITS During the year a Trustee received a salary of £6396 {2023 - £7,892) STAFF COSTS 31.12.2024 31.12.2023 Wages and Salaries 6,396 7.892 The average monthly number of employees during the year was as follows.. 31.12.2024 31.12.2023 Charitable activities Community Projects Staff are employed through a subsidiary Managemenl Company and the costs are reflecled in 'Community Projects staff & Management Costs (Restricted), No employees received emoluments, in excesq of £60,000. Page 13
Celebration Church United Kingdom Limited For the YeAr Ended 31 Deeember 2024 NOTES I CONTINUED 2024 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Funds Unrestricted Funds INCOME AND ENDOWMENTS Donations and Legacies Celebrate Family Food - Grants/Donations Celebrate Kids Grant%/Donations Other income- Investment income. Interest Statutory Payments Bwk sales TotAI 35,163 95,665 34,678 261 9,308 15,137 118,074 28.306 233 175,075 161,755 LESS: EXPENDITURE ON Charitable activities Ministry Celebrate Family Food Expenses Community Projects Staff &Management Costs Celebrate Kids Expenses Support Costs Finance Costs Governance Total 17,045 36,729 99,526 5,445 2,017 419 7.096 168,278 13,786 39,626 86,536 8,488 3.236 309 6,656 158,637 NET INCOME 6,797 3,118 RECONCILIATION OF FUNDS Total funds brought forwArd 62,650 59,532 TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSETS Equipment Equipment COST Ai 01 January 2024 Additions Disposals At 31 December 2024 9,235 509 11,230 -1995 9,235 9.744 DEPRECIATION At 01 January 2024 Charge Disposals Al 31 December 2024 3,970 1,075 8.451 1,380 -5861 3,970 5,045 NET BOOK VALUE At 31 December 2024 At 31 December 2023 5265 Page k4
Celebration Church United Kingdom Limited For the Year Ended 31 December 2024 NOTES I CONTINUED STOCKS 31.12.2024 31.12.2023 Books & Resources 350 350 350 10 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.2024 31.12.2023 Gift Aid recovernble Social 5e¢urity and other taxes 7,000 2,619 7,000 2,619 I I CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.2024 31.12.2023 Accruals 4,133 4,133 5,483 5,483 I la CREDITORS: AMOUNTS FALLING DUE OVER ONE YEAR Funds held on behalf of Celebration Ministries Inlernational 42.151 51,493 Pag¢ 15
Celebratlon Cburch United Kingdom Limited For the Year Ended 31 December 2024 NOTES I CONTINUED 12 MOVEMENT IN FUNDS Comparitives for mfjv¢ment iTh fund5 At 111101121124 Ntt Molement in Fynds 0.798 At 3111212024 Generdl fund 62,649 69,447 TOTAL FUNDS 62.649 6,798 69,447 Comparative net movement in Included In the Above are a5 follows: At 0110112023 Net Movernent In Funds 3.117 At 3111212023 General fund 59,532 62,649 TOTAL FUNDS 59.532 J,117 62,649 IJ RESTRICTED FUND BALANCES Celebrnte fAmily food proJect: National tA)ttery (Reaching Communities) Kent Community Foundatiinn BK360 Hnet)$]0n Hero Grant Colyer Fergussan Charitsble Trust Maidsione Bvrough Council Golding Homes Stay & Play 19999 1313 127 4972 30 187 18.965 10,5(H) 1,367 8,831 27,741 39,663 Celebr8te klds project: Creation C.0. Mi55ionary Friend5 Hillier Trllt Rank FouTtdatian Maidstone BoTough Council Bridge PpIe Reserve Pot Bible Dvnations Youth SpaLe Spon%oTship 5,804 246 30 1.2(16 143 468 500 71 1.445 136 61 1,099 20,764 2,016 TOTAL 48.505 41,679 14 RELATED PARTY DISCLOSURES ChaTity Cominission approvals were neLessarily ru1[ and received for the related party transactions for ihe year end 3 l DeLembtr 2024 for the payment vf a salary of£6,396 to a Trustee, by way of monthly paye wage inLluded under Staff Costs, referred 10 in nol¢ 5. The administraiion ()fthe cnininunily work and prnj£rts of the charity. are carried oui by a wholly owned 5ub5idkary Lompany of the Lhdrity with 4 einployees spccitically and exclu5iv¢ly dedicated lo ihe w()Tk aNd administration ofthis chariiy, included under'cotntnunity Projeci Siaft'& Manageineni Costs IRLStricledl referred to in nnte 7. IS ULTIMATE CONTROLLIIYG PARTY The Charity is eonirolled by ihe triJ5teeg who are the Tnembers of ihe Loinpany. There are no persons of significant control. Page 16
Celebration Chureh United Kingdom Limited For the Year Ended 31 December 2024 NOTES I CONTINUED EXPENDITURE 31.12.24 31.12.2023 Charlt#ble activitie5 Min15try S¢rvi¢¢s Venue rent Church co-ordination expenses Children's Church Expenses Insurance T¢lq)hone Postage and stationery & office exps Subseriptions and m¢mb¢rships Multi Media Expenses Sundry expense5 Confer¢nc¢ Expcnses Missions, Ouireach & Refreshments Fundraising fees 960 80 25 808 253 219 256 1,749 572 875 179 126 202 201 96 1,537 358 153 907 831 152 4,649 5,896 Specific Pllrpose Exptnse 6.000 Trnsiees remun¢ration 6,396 7.892 Celebrate Family F)d Expenses 36,729 39,626 Celebrat¢ Kids Expense5 5.445 8,488 Commniti. Project Staff & mageMent C05t5 Celebrat¢ Family Fo(kJ Staff Costs C.¢lcbrate Kids Siaff Costs Project Staff C()sts 74.318 24,624 584 99,526 69.465 17,071 61,812 Support eo$ts Storage Computer Softwa and website ¢osts Pr()fit/Lo55 on Di$Sl of Assets Depreciation of equipment 1,692 594 842 -431 1.380 3.236 1,175 2.017 Finance Bank charg&q and interest 419 Govern#nfe c05¢5 Accountancy & ty)ok-keeping fees Legal & Prt>fessional fees Bi)okk¢cping Statutory filing fees 2,435 3.656 900 2,160 3.366 1.092 38 6.656 7,096 Total resourte5 expended 168,276 1 58.638 Net in¢omel{expenditure) 6.798 3,116 Page 17