•1 Company Registratlon Number- 06765744 The Charity Registration Number is :_ 1130858 NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH Report and Accounts 31 December 2024 •AEBuOA4H* 251091202S COMPANIES HOUSE A36
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NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH Report and accounls lor the year ended 31 December 2024 Cont•nl• Pog• Ch•rlty Inlorm•tlon Tru•t•e8' Annu•l Report ststement of dlrectors. re4nsIb1Nt1•8 Aeeounlant8' report Fund8 Stal•m•nt*.'. Siatem6nl ol Financlal AclNitles Stalemenl ol Financial AclNities- Prior Year $tal8mont Sial•menl of total ro¢0gnlsed galns and108ses Movement$ in lunds Revaluatlon reserves 12 13 13 14 14 Flxed As50t lund8 Incomo and Expgndllurg account Summary of luros 15 16 16 B•lonc• •h••t Nol•s lo th• accounts 17 18
NEW C0VENm CHERU8NI & SERAPHIM MOVEMENT CHURCH Ctynpw R•glsir&ikJn Numbar. (765744 TN¥te•s' Annual Report lor th• year ended 31 December 2024 Tr• Tiw¢•u pr88•M imr Fl•wrt ary#P#•)l lortr •rthJ 31 DK•mb•r 2024. akno thè Thr•clor&' Rowi r11¢1 Cornpan 4ts12(th. Chlfftan'e Ro¥tow: A Seuon ol Or•llludo•nd Tr4Mnion Iwrto , O Lord, . tsA tty nam8 gh)ry.1tytyffl8rcy, and for Ihy Injth .._ Psthi 115..1 IK1. Atkn's ttsu. my IthKs m¢4hoffj. &tar$ In Lord. heart lullofprabw toAJmigltyGod lIt I pr050rrttmsAJh RéFQrtfor2025. wh¢h4k¢ mafvA II¢offlpO1 mys IBnLYO as Chaymomol Ihg ol TrLstots IBOTI. The pasi $LM havg bè•n a I¥01 Gc#J's wrfaWrggrx•. problskn, aTrJw¥Adom. WO Ivvo s1th ii•m•rth ourgovemw. prcqrwTrM. Irnrg $i•ts"bty. ow Nono £4 Ih8BfraCtlevom•nth Can b• v•J•J 10 ITrbJu•fvl. Tr•y •r•lhfnA¢s pl ¢41•rth lh• EhJ•r¥ In cou1 IEICI. myWk7 TrwJl001. OH11. H••d• ol OopArtmonl•. vobJrl•w8. our thd•OatlnIfjr ih0gLdde ol tyji go¥w4ro docwn¢nl, lh• htsmorar4kn ol Al111n. A6 INry fr81 wfymanto CW lh• iwjwd 2W Nllory, p¥tolth•fir•l • 11 4ar ierm 6UK0S51vly. l •m hmmortsotyproud ol my 1elhjrfrfTO•$-SF•G1APjS1tfj L0 JOI¥, MthaeJAkwth, [oIeS$ Bol8 ljelu. arO Evarqetsl Tolu t01. Yow a have beerllhe 471 w51WtsSS. ft ur andloy IhBI I ro Iw¥J ovor th• mAnl8 ol CWrmvtshtyto K•)th•r Slwrth a¥thm8n tAlsthrn and wo¥th)aar8h. l lm th1 hvr Ihatol Ihg onboathd Tfttsi••#, Ihe ha 81artedlI rntortybo suaiaknod txft ll rnoch 0¥8n yeo10r hts. Tocod t• Ihè gknry. Puthr 4¥Jd Fat•8• CMrm•rK 8vvd ol TM1• W•oAtsr#J our proJouTrJgralitulDto alw m•nknr8, vdurn8er& partrnrs ¥i¢¢¢xt Igr0& made lh ys p)ssIb. W8thank ts Elyn kn C11, lh• P4Blorat•. al L•&•rn &nd H8adB ol Departm$ lor th• •p51u ar w8yr Werthp. r•. •90 811 end fIx 10 Qod, Irfyn faw. Wo >? ioth•ftrtLY•w%th l&h, byHh r•JouF thnBblLIkn. u w•tON¥J• lo Hth Wdom. R•l•rnn¢• and •dmlDl•tr•llw d•lall• nm• otll* ¢hwlty l•... NEW COVENNNf CHERU8IM4 SEIIAPHIM KK)VEMENT CMUIICH. TN•Wwllyth th0 known ty h•+)p•th rth•, NEW COVENINT CHEAUBIM 8 SEFiAPHIIA IIOVEIIEKr CHUHCH.
NEW COVENApff CHERUBIM & SERAPHIM VKIVEMETr CHURCH Conwi R•okntraikn NuNts. 06765744 Trustees. Annual Report for the year ended 31 December 2024 The chwtyL• r¢oi$1orod kn EnllL•KI4 Wo1 lhfvGlwlty Gommbthn In WthA ICCEWI h eharhty 1130050. ffly b ¢or0trtId w •Mffo•nyllrnrt•d tyouwtyx••. rat•a urthr Cowrl•• kis. Th• wwJ•r ¢fympwl8gWolb)n. Th8rn we nD r•slrtion8 in thcumonts on th• oporatlon ofth• ChArfty or oh Ms InvMrt powers Olher than th098 ImwJs&l by Charity Law. By opw•tkn ol Iwal tDJBI•p4 wo thr•¢i¢rA tMdw AGI 2006 •rnl •ndrlor$ aroln¥l••l r Chwkn l•abl•Uon Mv¢ r•yorollJMhh•. 4• •th. wder th(m cwty t¢lli•lJlm. Th• In••9 n •Jl hlMdLW Th• w1ndtPOlIn8 W•phon•nunv.•mtlAnd ol Ih•6wlly•M.'. 3J3 HbJh FW N22 &JA Tho roQi3tored oinc• ol tho CompaTr Acl wrp05081g lh• swno 89 Ih&i OF•ral Ims althvn •tQVg. Th•TvuTh•• 1fv onth•rf•t•th•rwi w••••pv•¥•d•r• Mrn ObJ4tsln F•bs• I CnnnI MrAdth• Joll0 IVk• ehthTrarnl. AUrd•r1 141 AMrgdOhthw J•g&1• I Chui¢h pwty) Mr Ad•kwg• Ak•rnl• IU•Th•il. Il•srnJffi 14IOW25 MN 804•rt•*tht#)L• Ilakn IMfrmb•rl. fl•8lqn•don 1MIK6. •lwtwun Tjp9 AW• IS•Èr•14ry1 Mi8kn Trokyo Allial8 (Pknffltwl 4ak• P¢•'ni•J on 1410V25 Mi 0t8 Ad¢Wa C. on 141CW2S Mi AramthQwFl• Shobarth. on 141(Wa
MEW COVENATrrr CHERUBIM & SEAAPHIM MOVEVIENT CHURCH Compww IWJtslr41I Nr. 08765744 Truste. Annual Report lor Ih• yoar •nd•d 31 D¢e•fflr 2024 foifowl•4 pwAor•wwd a¥ rnw•1JTlnqthIY end 31 ri¢¢•mb•v Th• InMl•M al In il 14wrtkw P•10• • d•i•l•d •bov•. l tha Inths are also m8mb8r6 oflh•ch8rlty. Obl•cts and •ctlvlll•> ol lh• charfty Th•puryo¥•g ollho ¢hwlty llgovornlnp do¢urnent. As set Oul In our govomlry docvmont 1Mor8nduM ol A0¢[10n, CLws• 31. th• Objects ol tr Choilty arn.. 1.Th0 gd¥8rK4ment 01lh• relldon (Mark 18'.15,. Matththv 26..1&201. 2.Thè relief ol hardshlp provIon of support OlPr $eMt88 th•r dlr•cty or by 8upwting oth81 awisations such rolief. 3.The thantm•rrt ol 0110Th ol g•n•ral putrlk bythe prov10 ol trnrY in •reaB 8uth •8 Inlfmayon tfjchrnk)W, dmknpMl, mentorlng, and olher th¢lplln•s. Th• m•ln •¢tlvlll•• und•rt4k•n th r•latlon to lho9•pu¥ durtnq y•w. ITh lh• >wr 2025. lh• undertook • 14ng• ol mn •£tlvlllM In di•¢1 r•tsllorb toour •ted purp0601'. .AdvanLw•nt ol th8 Chrt•lAn Rel. W• hold rwLvvmhkn I•$ w8•kty m88tlngs, Blblo Stuty groups. w?n[luct8d •a811C outroach programm05 in th8 loc ¢Dmmunhy and provld•d Mn$lslenl p#al 1• lo Our¢9r•9•1I0rK iUPWllrg fvm through ¥1• ¢hlng•B. .R•lal ol Hathhlp.. Our'Lovo In Acllon. In110 ytsvkled PTaCtk4t wpwrt lo thos• In need. ItKludiw dlstrtbudon ol food parcets and Jjpplles lo vulnerable fam111. Wg 4180 offgred counsolllnp 88r¥ius And flrwK4BI athk•w•th5hop5 to hlp IrthhlualB porlDdsof +JlfRoJMy. Lno8m•ni of EdurAbon'. Our yeulhd•wlopm•MN¥oDramm•,'IUty$ & Qw•rffj ol Tornorrow, 00d m•ntOrf ¥nd sllli workjlyi. W• •180 r•n b¥¥l¢ ff ikllsdJw¥ fry and n IVal5 In IINicommunty. promollrg d6t41 Sr4uslJn and Illeltynglowrfw. Thès• athMe$ Vr# dolh•red by OLtrd•dtethd volunt••r8 and 81all Sn ae1*thnc•th lh• PJWgT8 procgdurK delallod In 0wcon5t1lu0ft.
MEW COVENAiif CHERUBIM & SERAPHIIA MOVEMENT CHURCH P4ryR•o1$trknn knhr. 08785714 Truste•s' Annual Report for the year ended 31 Dec•fflber 2024 The m•ln 8ctlvltle$ undert¥ken durfng tho yew to lurther lh• ¢hOrIsP lor th• pvblle b•n•ftt. TM athb88 fyported al wore urthnthtn for lh& wbllc bonaf roligio ser¥g$ and oulreach ents ara open w all. hardshlp r81iel pr(#3ramm88 taffjtried 8t Ihos• To nead th• wkS•r LL1n MMunIty al HarfnB•y and surrfuIrtra bowowJhs. r•gardlo55 ¢1 thr lallh or b#¢kgrwnd. Our Idlnal Inllkqiiv•s were d•$lgn•d to equlp nwmberg 01 the blic w1th vthBbl8 skilb aTrJ kno¥A8dge. Improvlng th8lrsud81 economlc pr05pKb. Th repon d8rnon5trnles have lulfjlknd ejur dutylu reF¢)rt on the W¢ b8fit o1gJr work as required the chan"•5 Ad 2011. b•nolIc1•rt olth• ¢h•rlty. Tho ¢hariVi wrtorn•nc• In 2024 rnad• a •lgnKthI and FthW¥• dlff•rerwlo Ilv•• 91 wr -M8mbors ofour cor¥Jre9aiion havo 18PJrt8d slr8rtyn•d f1h. a groator s•n1¥41 ¢>Jmmunlty. and iwv•d eNdal splthjd Ind •mo¢thql support durfng birb8s. .Individuth famllw$ fac4rvd hwdihip roc•ld Im¢Mdiat•, PrneI 0$•t•0¢ allowW•O nancw w•J3ure and wo¥thd thorn wllh hoF4 and apalhway lo .Partkants In our e¢wAfjonal wogiammfjs 9aln•J lW thllt8, qwI1ThMllo. and18c•. dlr•eity Improvlng th•lr •mployabJllty afid personal d101. .F88dbath Irom cur benoficiarf88 consistentty hh1h1$ the transforrnalv• imp¥td bolng pfl 8UPth'v• Community th¢11•$ lor Ih•ts hoJlAttc Wlrj. Th• degrn• M whl¢h th• •chl•bwrnnts •mlwlorm•nc• durlng th• urh•v• Ourachhwm•nl• hA¥• b•n•iii•dwldw scthtyby.. -str•fvJihonlng C<mmunMy Cohoskn.'Aciing as a hub lor communty 5nr•ractlon, hlvo loJtor•d Gcthl l)oThJ¥. r•kn4d18daWrm. ¥rbJ prLwnotsJ Intggralon wthln o d18 c4mmunlty. .ProMO9 Sodgl W•W4ro.' By provldir¥ IndopBndvrt suFptyI tD Ihom In n¥•d, hw• allovl4l•d wguur• on Iwi Jtabjtory gntl con1rited ID lh• ov•rill gttial llarn d I bjrough. .EncouwTrYJ P091fv0 Vth•s.. OurM> promotes nrtIsa1 ol tharlty. compa$810n, ffluludl rw*cl, and lil•bng1oamlrvJ, e4nMbut4ng ttsa mNo rnBlll•ffl and 8UPPOrtN• •ty for
NEW COVENANT CHEAUBIM & SEFIAPHIM MOVEMENf CHURCH Cthipary Rg0tstr•Tr)n Nuffknw. tffj785744 Tru•t¢•s' Annual Report lor tho y•ar Ond 31 D•c•mb•i 2024 Fln•n¢l•l r•vl•w Thp eh•rfty8 IlnanelalWllon•tthe endollh yar•nd•d31 Decemlw2024 The ffininclal kJsttlon olthB chwtyAt 31 00Mb0r2024 £¥#nparall¥os for tho ylorwtrAI. as fulfy d•iailod In the accounts. Con t• Summarfsed as Idfow¥:. 1411 Irom• 2.437 57.216 Urnthcred R8¥er•J& Funds avt4J IDrth• ol lh• C1 2m7,128 1005.Y3 R4•nw Fu 350.3Ji 70ts1 2355 874 FlnM¢hl Mvhwolth• w•hlon •t lh• rnportlng d•l•, 31 D•umb•r2024. Try•l•••'Annu•l r•porf lor the ye•r•nd•d31 D8•mb¢r2024 Trb? fvnand stai•m•nts tor th8 year ond8d 31$t Docomtr 2024 show a y• ol $latr4• cperaton. hY)m• wa8 darlvèd from volunw donallom, lit9, and ol•rfngi Irom our momtrs. FU td Jot•lyioward6 IhD proThK>bon of Ihè Objects ol ChArfty, in eompll4rK• wlth th• 0110n1 ol COMI1lon INnwandum, Clwi• 61. Th• TN$le havg a mèr¥•s and m to hotd •uffkl¢ni fvndi to rth•r mlnlmum 0112 monthi ol op8rnttonal eo$. ft Is wlky ol tho ¢harfialJl• tyJmp4ny lo malm • mlnlmum d £3[KI,0. In It8 unr•sbiod ynwal r•$•M to covor al l•¥sl ngA1 rmg->•#r opor8llno ¢sts 4ny grrMyncy 1•1 Ih mty tlmo10 ttm•. Th• balaf• h•kl In th• unm1lru m•rv• •8 al 3181 O•c•mbw 2024. E2,007.830.12023..E2,(#35,542.1 •xc••JDd th• tww. Tho 8181oments hm preparad on agDlry bas1•. Avalhblllty •nd•d•qwol•u•e• ol•a¢h ollh• Th• t)ani of Iruslèè8 iatlil•d that lh• ¢h•dll8 •81•1• In •ath fvrd arn •v•llobl• ad•qu to Ila oblloaloni In ol •ath tun(J. D•l•ll• ol Tlw Audltor knr01 Ch8rt8r8d C•rtill•d 4 RwJt•rnd Pthn Gr••n N134xe
NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH Compsrry Rtsiraih)n NLYrtsr. 06765744 Tru8t•u' Annu•l R•port loi th• year ondad 31 De¢omb•r 2024 8t•l•rn•nt •• tg dlsclo•ur• of Inlonnollon to •udltors Th8 t$t slate Ihdt $0 far a# •#ch ollh In&4tèès at Ih&Jm• thi6 nport was apNovo11 ar l Thw• ri n? retsv•rt •udll Srrfom•trryi la$ d9n1 by wclon41I31 ol lh• Act 20061 ol %knlch thg audltofs ar• unawiaie, arJ bl Th• twsteas havo takon 1 st8ps that th&ycughtto have taken make thems•fvos awar• olany rolovarrt alIt inlorfflauw andestatlbsh that tho almOr? are aware of Ihat informalon. Slat•m•ni ol th• Dlr•elorn' •nd Try•ts••' R••pon•lbtllU•• Th• Charitys tru8t••s arnrt$p)ns10 fty lh• preparabw of Iho a(%nts In att0rfan wllh Ihg terms of the corn$ Act 2006, lh• Cb4rttl88 Act 2011 and Ih Chari.1$ (Accounts Reports) RequJ&llon$ 21M. NolwIlh$1nO tho •xpJWI r•qulrem•nl th th• •x1¥ni sthfvtory gulE41lons,th• Chathes IA¢counls arKI A•Frts1 Regu10¥ 2008, to prep1 Iho Ibnala1 statements1n H¢CO1¢h Ihe SORP 2CQS, In vl• ol lh• f?cl thal th• SOFIP 2$ has b••n tho TnJst88s dBleM)In lo irf8lFWVt Ihls rosponsiblNty8s wuiring Ih•rn to lolknw ¢urnoThl bBst praclice and preparo thu aC0ntS according10 lh8 FRS 102 SORP Islatefflent ol Rgcomrn•Tr1gd PractKo for AOntIlyj INI Aoportiry by Ch4rtb•sl 2019, •Fplkth• lo accounikng p•rtod8 b•glnnlN4 on alt•r 1•1 2Q191, (Th• SORPI, . partkutw, t Compw4•1 Acl 26 ar#1 cèrity l•• r•wli• th• Board ol TJItt to pr•pv• finBrKlal swém&nl8 lor•ath lInathI thlch &bU• and falr vi•w ol th• Bi810 ol kllklrs ol the chgntyu at th• of Iho IlnarKW al and 01 tho •urplui ordglhjt ol the ¢hwty. In th080 8tatomwtt• Ihb eowd rw4ulrnd to:. . tow•pAr• th In Urll•d n[orn Gwor4tyAc•d ArmuThttnp Plac¢9 IUn518d Klryjom Ae£untir4J Slnd#th wl¢&bl• Iirf. . Suft• itt•JnllThJ polld•8 and apply th•m wnBIBiwffjf'. . m&k•ludgemoTrts esllmatos tho1 are reawoblo ¥nd Iwjont: . propar¢ Iho Inarn?al statgmontsthl Ihegolng LuKém baskE Itll In4yDprtAt• lo w•gumo Ihat ¢hwity I11 In tro... - $iai0 •blO acoounllng •tandorth a¥xl il¥t•m•rds ol r8cornmendèd pradce havè b••n followed, 6uty•a 10 any dBl$sdo$Id and exk¥rthY Inlh& finanoal slatèments., Th• law rewlf•J thai th• tru81ts8 mum 8pprov• lh• 1ccour Ihoy arn lalhfi•d thai tmy gbvg ¥ tnJ¢ •n(I lali VI of lh• 8lal• ol thalr3 01 Ihg ¥rtty aNI ol lh• swplu5 ortsl4gt of the Chwltylor tr• y•w. Tho T1•18 are alBO rew$lble for M¢8n9 adequ# ac¢ounting disclJ• th r¢awMtsl• ac¢urqcy al any Ima th• NnAn¢l¥l wsltlon al th• ¢lwrty and aro suttlehni to •how gnd explain the ¢harity$ IransactiM8 and wat4• lh 10 8nsuie thal Ihg lin41 $lat?mar(A the Companies Acl 2006 aTrJ eornply ilh rryouknlions rnado under tho Ch8riti0$ Aci. Thoy are akn tosponslb forfegUarn@ ts assets of Iha Charftyand hce for laki 1008on•bkn iteps for th• k¥ev•niion 4nttd•tqctron ottrxl and t>lh•rlN•ouLqrftlD8. The oftr•TrwlW' rnPDrt, •rKI thB tsiatutry rwprtitty ol cortsL4t•Mh Ihe lwo¥ thKkJs80 Blatvmw¢¥.
MEW COVENANT CHERUBIM & SEAAPHIM MOVEMENT CHIJRCH JfflputyAegl8iMh)n P&vnb•r. 06785744 Trustees. Annual Report for tho yoar endgd 31 De¢ember 2024 Mothod ol P1•110n ol •eeounth. Sm•ll eompjny pro¥l•lon• Th• tinarwjal SlatOnI8 ar• seloul orb pages 12 to 31. The slatements have been prepared Implemenory FRS 102 SORP Isthtemenlof RK4ynmertled Prn¢t¢ for AfxoynUryJ and Reporlng by Chariti8sI 2019. Opp1 to all art¢Jnli•g perK#Js tty'nre on ry afior 1st Jarwary 20191. (Th• SORPI. in accothrA th• Flnanoal RoPQrtlrwJ Standartl 102.1gttKtlvo 1st Jonuwry 30161 Those financld slatements hav• be?D piepar•(I In aCCiirdvKo Wlh thg proWJn8 In Part 15 otlh• ComwI Ad 20. grable to wrnpanios 5ubigdto the 5mdl comp8nS8s rnulm•. r•port Was aFvj tylh• bwi•won 18 S•pl•nkn 2W. Mrs Oluwatown Trwt••
NEW COVENANT CHERUBIM & SERAPHIM MOVEMEKf CHURCH Indepond•th Audltorn. Report to lh• TfU8tM• of lh• ch•rll•ble comyny on the accoun1• for th• ythr ended 31 Dacember 2024 Introducth We have audi18d lh• Ilnancial Glalemenls ol NEW COVENANT CHERU81M & SERAPHIM MOVÉMENT CHURCH lor tho year ended 31 O•crnber 2024. as set out on pages 12 to 31, which cornprose the Slalement of Flnanclal Aclivitios. the Incomo and 8ypendlWra Account. th8 6alanc8 Sheet and the r8lalod nots$ lo the finandal statsments. including a yjmmary ol swJnilicant ac¢ounting pollcles. In our OniOn, the aCcoMpann9 Ilnanclal statgments ol thè charitalAe company are prèpared, in all Materi ie8Pgcts, in a¢xordance with the Compani&s Act 2006 and wilh charity law applicable within tho jurisdiction ol England & Wa3 and , in particulai. leh aUnts havo been propared In accordan¢e th FRS 102 SORP I Slalomgnl ol Rgcommondgd Practic• lor AuntIng and Rgport¢no by Charillos) 2019, appllcablo 10 all Èccounling periods beglnnlng on or aft•r 1 $1 Janu¥y 20191,(Tho SORPI, publlstted ty th• Charity Commisslon in Enoland & Walès ICCEWI under Iho hislorlcal cost conv8ntlon. and in attordance vlth the accyjunling policles sel outon pag8 19. framework c¥nstitules the applrcable United Kingdom GeneiaNy Acceptsd AcMuffllng Practic•. Llmll•tlon ol Il•blllty Thls rgPQrt is rnadg $01gly to tho Truslges 91 th8 charitablg company, as a body, in accordance with Ihe requliem6nts ol Section 475 01 the Cornpanies Acl 2006. Ovr work has been undèrtaken so that we mlghl stats to the Trustees thosè Mar$ wè arè Taquir lo sial6 to tM In an Auditors Report and lor no othef PLirpose. To ihe tullgsl •xt•nt ptsrmlltgd by law, w• do nol aeKvpl or assumg liabllty or r&spon8lblllty lo anyong oth•r than Ihe Twsle•6 4 body. for our worf(. for Ihls rgPJrt or lor the opln¢on$ wo hav• I0&d. Bas1• for aur oplnlon W• havo b••n appolnled u audilors und•r Th• Compan1•$ 2006 and report In a¢¢ordance lh• roqulremonts ol that Act. Wa ¢onduct•d our audit in aeLordanc8 wilh Inl•rnallonal Standards on Auditing IISAS-UK), i8su•d by Ihe Fln4n¢ial Repong Councll, an(1 appl1&1& law. Our Tèsponsibilllles undèr thos8 8tandaTds ara lurthar dgscribed in the Aud+tors' Aésponslbllllles lor th8 Avdll ol thè FJnAncial Staiements strctlon of our r8w1. We arg lThlependont ol th& charllable company In accor¢lance Vlllh thè èthul requiremants Ihal are rèl8vanl to our audll ol linancial $tal8mènts in England & Wal•s. arml we have luwllled OUT other •lhlcal re8ponsibil In aC¢Ordan wlh th•$• r•qulrom•nts. W• b8llw• that th• Audll •vld•nc• w• obr0d l# iulllclonl and appropriat• lo provld• a ba81s our opSnion. RupoMlbllltI al Manig•m•nl and ThD•• Ch4ry•d wlth G0¥•rnan lor th• Flnancl&l St•t•m•nlg As d8scrlb•d on pagè 6, th• charlljblo conTranl8 TnJ8le&g, wtho aro also the Dlrectors ol thg Comparby lor th8 purpo$ ol Company law. are r¢spon85blg for tho wep4rallon ol the IlnAnclal stal•rn•nls In attOrdan wlth lh# Compani¢s A¢1 2006. Ihg Gharitles Acl 2011 and all olhor appluble law and Unit8d Kingdom Generalty Aepted Accounllng Pradice, appllcawe 10 smaller enfjties, al for belng salislied that the Ilnartid statements a Irug a1 lair vlew. Tho Tvusto0s.who are ch8ry•d wlth gov•mgnc•, aro r•5pOnSl lor over89olng th• charltabl• ¢omp8nV8 flnanclal reporling pro¢e$6.
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NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH In addilion, we road all the IlnanTral non-flnancial lnfomialn in the Twslees, Annual Aeport to Id9ntrty materlal inconsistencles ilh the audtteil linancial 8talemenls and to identify any inlomiallon thal is akwrently malerially Incorred bas&d orTr, or mal&rtalty In¢onsi81&nl th. the knOed9? ag4uiTed by us In Ihg ul$e ol pgrforming ihe aL¥JlL 11 we bwjrne aware ol any appargnt matèrlal ml3stMtements or Inconsi$t•nele8 wè conslder the ImplScallon$ lor our roport. Wo conducted ouraudil in a¢ldance wilh ISAs.UK and in aordanCe fjlh the Practice Nots, The Audrt of Charlllgs In Ihg Unlted Klngdom.. r90d in March 2012. Wo are required to plan and Frfom our audlt so as to m&91 the above requlrefflents and to oblaln all the inlormauon arKI explanalSons whfch we consider necessary In order to provlde us sulllcienl evidence to glve reasonable a88uran¢o that tho Ilnancial $latements ar• fr•e from malori mi$$talenKgnl. wholhèr caus•d by Iraud or Iwularity or grror. the cours• ol our aLKIII, communlcale those charged wlh governance regarding. among other matters, th• planned s¢opo and Ilmlng ol tho audll and $lgnilicanl audll flndings. IncludSng any slgnlliranl dellcienci•s in intomal ntrol th41 wo Id•nllfy durlng Ihe audS1. Ellglbllty ol audltor and thlu8 ol aydlt W• conllm th are èllolbl• und•r Part 42 01 lh• Compani•8 Act 2006 th conduct Ihl8 a111. and that Ihl8 report18 4 roport In r•Spt ol An Audlt cath•d out und•r th• Act and In accoT(lan¢• wlth th• rdalgd r•gulallon8. AttènUon16 dra lo Ihg aCuntiry pollcy slatiry Ihal, notsvrthstandlng th? expllcil requlromenl in the oxtanl slalulory rogulallons. tho Charlllos lACunts and Repirtsl Fleoulalions 2008, to Prepare Ihè linanclAI st8tèm•nts in a¢xordance wllh th• SORP 2C(J5. in vl•w ol thè lact that the SORP 2005 has b6en wllhdrawn, and In ord•r lo arthrd wlth current b•81 practlce, th• Truslee8 hav• delermlned lo pr¥para the Ilnan¢ial ¥tolom8nts In acairdanco wlth th• FRS 102 SORP Istalemgnl ot Rgtommendod Practlco lor Accountlng ènd Reportlno by Charib'g$12019, appli¢ablg lo accounllng per¢ods beglnnlno on or aftgr 1st January 20191, (The SORPI, . We c¢Jncur th Ihts approach, and any rglgronceg In our r•port lo tho regulation8 should bg read subj•ct to thls commonl. Qplnlon on th• FIMn¢l•l 81•t•m•nt• In our oplnlon. the aCcompann9 charllabl8 c4mpanl8 fina181 stalemgnts: G8 a tru• and lalr vl•w ol Iho 818te ol all19 ol thè chafftable company at 31 Do01 2024 arKI ol Ill In¢ome aThJ Expondlluro lor thg Ilnan¢l81 thgn Ondgd and. In partIcu. thg Ilnanclal stAlamonts have been yoperty Prepared. in all nlrial reycts. In artordanco wth Unilgd Klngdom Genorally Acwted Accounting Practice aOi¢abl8 lo entilies ol it$ Sizè,. a1 havg b••n prepared In accordance wllh thg TequSr•m•nts ol Sèclion 396 01 ihè Comp8ni•s Act 2006.. and and have b•èn w8p8rod in accordance with Ihg methods and prlnciples r0qufjr by the FRS102 Statsmeni ol Recommgndgd PracCe lor An11nD a1 R8portlng bssu8d by the Charity Commission In England & Wales ICCEWI , offecJv• January 2015 (Thg SORPI. and Ihoso mothod$ and prbn¢W•s have hen loll¢)wod. Oplrtlon on othw m•tt•rg Prnwlb by tho Companlu 2006. In our opinion Ihe inlorfflation given in the Trusle8s' Annual Report lor the fmanclal yearlor thich the ffinand siatemenls ar• prepared is consislmt the linanclal statements. 10
NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH M•tt•r• upon whlch wo ar• r•qulMd to rnport by•xc•ptlon We havo IthIrj lo rep)rt in respect of tho folkming matt•is ther6 the Companles Act 2006 r8wires us lo report to you, il in our oplnion: adequate accounting records have not be•n kept, Of r•lums adequale foi oui audll havg not bw•n recelved from branthes not vlBStod by us,. or Ilnancial slalerngnls are not In agreernenl vAlh thè aetounting records and rètums: or I Information ¥coll1 by law regardinp Trnslees, romUn0T1on and transactions wth thè charfty is not disclo88d. not rec•lvfjd all th• Inlormallon and explanall0 r8qulro lor Ouf audll,. ly tho Truslegs wgro not enltlle¢l lo prwife Ihg fonanclal stat•mont8 In accorda v41th tho STh11 companlos r•glm• and tak• advantag8 01 thg $mall Mmpanlos oxempllon In prepaflng the Trus¢ee8' Annual Rep. MpSh•h*l Il•hnwt. Sonlof &•tytpry Audltor For and on b•h•ll ol 8M Il•nn•n Llml¢•d TIA H•rni•n & C•. R•lll•t•v•d Awlltgr• Chart•red cert111 Accountants & R8g191ornd Audltors 261 Gmn Lan•8 London Englarxl N134XE Th1# rnport w•# Irted on 18 S•ptèmb•r 2025
NEW COVENAKf CHERUBIM & SERAPHIM MOVEMENT CHURCH- Statement of Flnanclal Actlvltles for the year ended 31 December 2024 Stalement ol FlnancialAcllvilies (Including the Inrne an¢ Expendlture Account for the yearended 31 Lcember2024, 88 requiréd by the Campanle$ Act 20061 Cunnl Curr•ntJwr CurnnIr Unro•trfewd Endowm•nt Fund• Fund CurMn¢ >•r Prtor Y•4t T•i•l Fundg Tol•l Fund• Fund 2024 2024 In¢wn• & Endowrn•nl• from: DonaliDn$ & Legaci08 Charilatjle acllvlli•s Oth•1 trading arlitio$ Inv•slm•nl8 A1 255,132 350 255.482 10,684 83.927 3•.•72 327.028 83.927 39,972 63,674 28,278 Tot81 In¢offlo 447.715 350 448.065 488,428 Exp•ndltur• on: Ratsln9 lunds Chorftablt actNlli0g B1 814 444,814 814 444M14 1,515 429.697 Totsl •xp•ndRuv• 44S.628 431.211 N•t Incom• lor th• >wr 350 2,437 57,216 N•1 Ineom• •ft•r trnn•l•r• 350 2,437 57,216 N•t mo¥•m•nt In lund8 2,017 57.218 A•eoMlll•llon ol fund•:. Tol•l lund• brought forward 2.005.543 350.331 2,355W74 2.296.854 Tol•l lufid* forward 350,681 Tho SORP Rgf 5ndkat8d abovg Is Iho classlllcaiion ol Income 8•1 out In th• lornaj SORP dwrnenls. A8 requlred by parngraph 4.60 01 t SORP. th• brought loard and cath•d fmvafd funds abL¥¥e have b8•n agreed to th• Balan¢• Sheth. A 5opertae Stsiorn•nl ol Tal Rwnl8•d GalnB and L088•818 not f•qulr•d as th69 $tat•m•nt Indud•$ all rwnle•d pains and Io8M$. Al th• prlor yf trs¢tIOnS wwj unr98trkted Itwns. and no furlhgr anatysis is rvqulr•d. All acliviti88 derive from continuiffj oporalions 12
NEW COVENAiif CHERUBIM & SERAPHIM MOVEMENT CHURCH - Statement of Financlal Aciivitlos for the year ended 31 December 2024 Th• not•• •tlachod on pag•8 18 to 31 lon an Inlagrnl p•rt ol account Prh)rYur Prfor Ye¥ Pdor Year PrlwYe8r Tot•1 Furn1$ SORP Unrestrlctsd RestrfCt EndowmgDI Fund# Funds Ineom• & Endownnts frgm: Donations & Legacks CharfIab activilies Olhtr Iradlng ac16vhiès Inv•8lm•nts Olher A1 327,028 69.448 63.674 28,278 327,028 69,448 63,674 28,2n A3 AS Totsl Incorn• 488,428 488,428 Expondltur• on: Ralsing funds Charilable act4vitio1 Oth•r B3 Tax on 8uwlui on ordlnary A1vIl B3 Oth•r laxallon B3 81 1,515 429.697 1.$1$ 429,697 Total •xp•ndllur• 431212 Nel galng on Inveslm•nts N•t Incom• for th• 57,218 57,218 Tr•n•f•r IJ•tw••n fund• lknt Income •ftor trnn•t0 57,216 $7,216 N•t mov•m•nt In Iw 57,218 S7,216 A•nclIaon ol fvnd•:. Total lunds brought forn•rd 1.948.326 2296M54 Tolal lunds c•rrl•d forward 1005.542 348.527 2.354,070 All actlvltlo8 dorlv• Irom contlnulng op•r•Uon• A 5gP9rtae Statement of Tolal Recognised Gains and Lovde8 is nol rgqulrfjd as Ih15 8talemenl 1rtdud all recowl$8d gwns and lossgs. nolos atM¢h¢d on pages 18 to 31 fonn an Integral part ol thes• ac¢ounl& 13
NEW COVENAKf CHERUBIM & SERAPHIM MOVEMENT CHURCH- statement of Flnanclal Actlvllles for Ihe year ended 31 D8eember 2024 NEW COVENAKf CHERUBIM & SERAPHIM MOVEMENT CHURCH - Resources appll¢d In the year ended 31 December 2024 towards flxed assets for Charity use:. 2024 Fd¥ o•n$rAt•d In lh• y4Af A8 delalled In lh• SOFA R•sour¢g8 appllod on funettonal Ilx•d a Oth•r applkallons ol fur 198.9831 156.0381 Nol rnsour¢es •vallabl• to fund ch•rllablo adlvllleg The resources applied on flxed assols lor chorily usa rapresents the cost of addilions less proceeds of any di8posal8. Th• noto• attached on pag•8 18 10 311orni an IM•gr•l pnrt ol Ihes• a¢eounts. 14
NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH- Staternent of Flnancial Activlties for the year ended 31 December 2024 Movements In rnvenue and c•pll•l lund8 for Iho year endod 31 DeMmber 2024 R•vonuo accumulat•d funds Ilnr••trtct•d R•olrlcl•d Pund• Fund• 2024 2024 Erhdowm•nl Fund• Totyl Pund• Tol•l Fundj 2023 A¢¢umulat8d funds brought loard 2,005,543 3S0.331 2,355,874 2,296W4 ReLX>gnis•d galns 8nd lou•8 bglor• Iranil•rs 2.087 350 2.437 57,218 2m7,630 350,081 2.358A11 2,3S4,070 {Fwm)ffo unr•strlGtgd rw•nu• funds 1,804 Clo•lng Y•v•nu• lund• 2 007 130 2 308 311 2.3SJ 874 Summary of lund• Unrn8trf¢i•d IIMirfct•d Endovm)* Fund• FundB Totsl Fund• L••t Y••r Tot•1 Fund• 0••1gn•i•d fund• 2024 2024 R•U0 accumulat•d lurKI8 2.007,630 350.681 2J58,311 2,355.874 Th• nolu •tta¢h•d on pag•8 18 to 31 lorm an Int•gr•l p•rt ol Ih•s• accoun1•. 15
NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH - Slatement of Flnanclal Actlvltles for the year ended 31 December 2024 NEW COVENAiif CHERUBIM & SERAPHIM PKIVEMENT CHURCH Income and Expendilure A¢¢ount for the year ended 31 December 2024 as requlred by the Companles Act 2006 2024 Income Irom operntionl 408,093 460,150 Imi8Stmenl Incom• and Int•rosl Int•r&¥t receNabl• 39.972 28,278 Gross Ineom• In Ihe y•ar b•lor• •x¢•ptlonal Il•m6 441,065 488.421 Gro•• Incom• In th• ymr In¢ludlng •xe•pllonal It•m• Exp•ndlturn Charltabl• oyndtturo. ex¢ludlng depr•clallon and afflorbsallon O•preclalion a1 amortl$atiDn Fundral$lng costs Int•r68t payablo R•all8ad IN1•8 on dl8po$418 of I11 Inv•slmgnl$ whl¢h are progr•mm• r•lat•d 322.079 85,927 814 38,808 315.996 77.686 1,515 36.015 Total expendllur• In tho year 445,628 431.212 M•t In¢omo b•fv• l•x In lh• flTh•nclnl y••r 2A37 57,210 Tax on lu1U• on 0InAry a¢tl¥lll•8 pht In¢om• •ftw l•x In lh• IIMn¢ll y••r 2.437 57.216 Rotalned 8urplu8 tor Ihe flnanclal y•ar 57316 All tIvItIeS derive Irom ¢onlinuirvJ operation8 In aCcOrdar wllh th• provlsSons ol lh• Companlo5 Act 2006. th• headlngs and subheadlngs u8•d In th• Incomo arnl Expondttur• Acern1 hAVe bean adapted to rnllecl tho special nature ol Ihe rtharws acllw'lies. Th• noto8 ittaeh•d on pagu 1810 31 lorm an kntogr•l p•rt ol Iho a¢count8. 16
NEW COVENAKf CHERUBIM & SERAPHIM MOVEMENT CHIJRCH. Balance Shoot as at 31 De¢emb•r 2024 2.044JS1 2.0¥1.29S 3087 J6.W2 024,102 10 02 851294 7•tslcurrnii•i•i• W,971 Crndllorn.. tslllnq4u•wSthln •ryJy••r 15•.Noi 744,4B3D 2.7SI342 2,7T5,•26 Cr•dhorn.' •ThyJntrIIr¢J•I[tWrtty• IW y•V 14&0511 Th•totsl Tr•ta•Mts•lllwBh¥lty ThDt•i11 Mi••••l••lth•¢hthtyirn Iwd•d byii•fv¥th ¢ilty. •• lollw•:. RI1¢d R•8irti•d Rev• F¥nd• 17 02 JSO,111 200,931 17 03 2W7. 2,006,543 F¥r 7al•lqhw#yfu 2.911 2JSO074 ThTr'SORP R•f If11•d 4tth• li Ih Ol lj Sh••l1¢9Tr4 •9 a•toul Inth•fOr SOFIP JnWTrJbywr4oi•ph4.QOol lh• soiip. th••hI ImThl c4rrf•dfmtdfvr4tIjV• h•w b••i •w••dIQlP•FA.. w•no¥hO rntylr•d th• wnpDny ID obth •n Ae¢Vd•re•th a•Lthn 418•1, th• r•pon olth• Cry•n¥•th•udlOi l• on pag• 11, Th•dlwGIDf5aLSJAl•• Irr¥sP)n1IitiIs ty¢•Wq th• r•qthff•N6 01 l ¢tyrwl•• kl 2 Th•4wSty1s tD4uditundèi chllrhy Qllho CharfUeÈ A¢iwJity oThpoq¢ 11. fv ba•n i•J kl tho in Part 15 oltr•CwwdMkl Tru*ge 17
NEW COVENANT CHERUBIM & SERAPHIM MOVEMEMf CHURCH Nol•s to th• Accounlg lor lh• yw end•d 31 Do¢embw 2024 1 kcounllno pollcl•s Polkl• rnhtlft• to lh•prOd ollh• •¢Munt& 8•sl• olpr•parallon apd •¢¢gurAIThJ con Th• hv• bMnpr•pwg0 on th• accruth bail•, und•r lh• hIstoAcalcI eomi•ThbDn, ar#1 ITr ac¢ordan¢o wilh the Rnanclal Reporting Slandwd 102. leffothe 1¥lJanuary 20161 aThJ'FAS 102 SORP IStat8m8Tht ol RowmmrvJ£d Practic• lor Acctyjnting and Flowting by Charft512019. applicablew aeeourrting peAod5 beginnlng on or after 161 JUary 20191. lThe 50RPI. publishekl by the Charfty CoMmissn In Eroland & Wath ICCEWI , and In awdanco with 811 #ppleabb18w in tho lurfsdlct+Dn of 1oglslrAt'on, •xc8pl th&t Ihv ¢harty ha¥ prepwod Iho Wnanclal $lai8meni8 In a¢¢rydan lth th• FRS 102 SORP IStalom8nl ol R•crKnrn8nd8d Pla9 forAccounOng and A8pDrtlng by Gharfllg11 2019, 8Fplcabla to accounllng pedods beglnnlThJ on or alter 1st JaNary 20191, ITho SORPI, In pi•lor#rt•10 lh¢ pmvlous SORP, Ihts SORP 2005, whlch has been withdra. Tr)b¥llh$taThling th fa¢1 that the extanl Itslulory rryui4on8. th8 Ch•rllles IAcMunt8 and R•port8} R8oUtakn8 2008 Ml•r •xpJkilly to lh• SORP 2005. Th1• t••n don•10 acwd cuff•nl b•81 prncUc•. Golng CwK•m The ¢h•rttablo 9cl1vla$ aro ont1r0 depgndart on conllnulnq gr¥nt util 8nd vc4unlary domiiono aB wèll as tradlng revefiu•$. h aconwu¢nce. thè 90Sno cone•m ba$is is dopondont on thé lulure Ifow ol ttrose [rtn lundi)vJ 511•Ams. AccoidiNJly. Ihe Twsfv•s have obtsin8d f¢yeca$15 and, oftgr roviewlng th8 Ilnanclal lor8ea#ts lor futyre nDd6 to 31 D•comt•r 2026, thè TruAta•s ar• s¥liill•dlhit, at lh• tim# ol •pprovin9 lh• IlThNncthl iiat•mqnti, It li appropr1• lo adopt lh• golng con¢•m baJl8 In pr•p4rlnq tINJ I}naneI $tat•rtwnl•. Otr than Ihw mattèrs, Iho Tiu$i••s ar• not awArn ol any ma10 unc#rtdlnTh aboul charfV$ ablty io ¢ontlNe as A gdn9 c•rK•rn. •ndfvl¥r• •Mumpllon• Th• ehwtyls a wbllc b•n•ffil ontrry. Pollel•• rnl•llng lo c•t•qorl•• ollnMm• •ndlnwn• rn¢oqnhl Nolur• ol Sn¢•m• Incom• MW¢••n 4Llxorlptlw. dorwlorw. ¢harltobl• •ctMO•s and Im1onI Incryrn. Ihcom• lrnm • non4x¢th•ng•tmMiDl0 twMr• Ihe charty r•cafv08 from th•thorwlthoul provldino •qual valu• ffi •x¢harYJ•. and Inctud•• donabonb ol ffion•y, 900th and i•NlcM fr••ty 9fv•n wIlho gNino •quo1 In •xehing•. In¢om• Mcognlllon Income. wh•ih•r Irom •x¢hano• or r•on •xchar#J• Mnbaclth•, 18 rocoanlwl In lh• 8tAhrnonl ol IlnirKJ 4clfvlllo8 ISOFAI on a i•thable basb. whèn a Iran$8elon or ¢+Ir èv•nt r•gulls In an lrti•a$e In t chthty8 asse1$ or a reduclon In Its Itabilil•$ andi¥ wh•n tho hulggal •n1611•bMN, th• Incom18 obabfo and ¢an m•asured rglabty. All In¢om• b8 aC¢oun1 tsr gros8, b•lty• durj any r•lat•d f•M or co•ts. 18
NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH Nole¥ lo Ihe £¢ounl• for th• par ended 31 D8cemhr 21r24 M•mber•hlp 4ub¥erfpWoh$ Thg irom aThl any assodated Gfft or othort&¥ rofrjnd trom a MornhIp $ubicriMiw reeaivèd ty charity Sn the nawie ol a gfft, * avAunl8d lor on Ihg 8am• trAsl6 a¥ ? donation. Th• Irom• Irom • m•mb•rnhlp 8ub6cripllon r••d by Ihe ClItyWre Iho sxw¢ha8•s th• rtiht lo ••TrK•8 or benellts18 rncognls•d a8 InGorne trom ehthl4bl• a¢6•. Polklos to aXp•nd11• ongoodg and Serv1¢ prO¥h1¢0 Iho charfty. RecoonSll of IlibllttloB •nd •xp•ndIIr0 A Ilablllty. 4nd th• rolatgd •xp8n(thur•, Is iecognlsod a Ibgalor eth#tru¢lfve obl[gaOn A8 a r••utt ot 8 Pa51 •V•AL ar¥J whBn It Is rfKir• gly than notth41 a tran¥l•r of econon t4ng11ts wlll h requliod In tUOnt. arxl Ihe arrniwl ol th• ObIgaOn ¢•n b¢ m•a8ured or ro1i•bty •$16mHt¢d.. Olr•d cosis thllt •r• 8p8clflcBfy relalBd to an a¢ll¥lty•rn •fbcai¢d to th•1 acO¥ty. Sharnd thr•¢t¢08t$ Ind iupport aro 4pportlonod b•Men aciivlll•B. Tho I1¥ for èworfonmgnt. Is.eon¥l¥lgntly gppli•d. and proF<rUonat• lo the ¢IUm11rK•41S:. Stalllng. on th• b•818 ol Ilm• Bp•nt In tonn•cllon any parfculAr •ciNty. 81afflng. on • por¢aplla bAJlI, Irt on the numhr ol of F•ep gmpby•d 1h1n •ny p&rfuK•ra¢tfvty. Pr•mlM• r•kni•d ¢o•lJ. on thè prwflion ol floor oeeupl8d by a partkular Aetlvlty. Non •p•dll¢ 8UPPOrt eo81•- on the basll ol th• usago of rosourcos, In termB ol Ime tskon. capacity us•d, made or other mea8urgs E•llmallon ts¢hnlq¥g• u#od In opportlonlng ¢o$ty. Vdunt•• In accorda1 Ihe SOAP. w¥J In r•cognlkn ol th&dilllcuhs In r4iclng a monetary valu• on th• contAbulion trom volunteers. the COnblI¢j ol vdunteeis 19 noi Included 4thln the Income ol th• charlty. Howover, the tN8t••s valu8 tlw slgnlll¢ant conlrtbulon made Its th• a¢lMb•8 oltho ¢hrty by nd volunl••rn and thls l¥ d•#¢rlb•(l fflor• lulty In Note6. Pollcl•• r•l•llng to Il•bllttlo andpr010n8•noOlh•rffl•tt• TaThJlbl? Iad assets rn82sur•d at Ihèlr ty1g1n £t¥alU•. COBI vduo thdud•8 costs •ypondod In brlnging Ihe Into Il¥ Intsndèd wort1 eondll%in. Deprecl•ilon hu bo•n provld•d •1 th• lollowlng iat•i h ord•r tywrflg 011 th• A8••t• to th•k•ted fe8Klv41 VI ov•f Ir 0Mj us•lvl Ilv•a. LArO ènd Bur1 Motorvehlc Plani And mo&Yn•ry ov•r SO years slraighl11 15% per annum on a UCng balanco 1)asls 20% per annum on a reducing balance bgsi3 Stock• In pro9lM• Stock Is v4W atth? ty)wer of ond not reallsablw valu•. 19
NEW COVENApif CHERUBIM & SERAPHIM MOVEMENT CHURCH Nots8 to th• Aceounts lor th• yo•r •nd•d 31 Docomb•r 2024 Oeblor• O•biors are m•asu1 al Ihglr rèLX)vèrall• amoufits bala0 sho•1 dat•. Cr•dllor8 ond pM¥l$lon• Creditors repr950nts serviw arKI gotsts rKgNèd nol pald for thè y•areNI. Prnilslons we lor s¢Thkgs rèel•j n01 Invote4d lo chaiity at th8 yoar nn•ndJl In•trynfits IncludlrvJ hd l)•nk b•l•ne•• Cash held by lh8 chanty 18 Iluded atth• amount aclualty counted at tho Y•. balArrfs, whglher in erédrt or trlgrdrawn, shown at Ihe amovnts feLndl toth• bank statement$. Fund Accounllng UnrMtrtct•d furth w• •vallabl• for u89 at lh• dl8¢rgtKin of th• tyu•t••8 In furfhorw¢• ol tha genorMI oWecbve8 01 tho clwty. O•slontyJ funds •• unrosmctsd furth •OrMald ty lh• TnJa•s for parfwlw wryx)8•S. R•sldct•(I ar• •ubl•ct¢d to mtiicbons on th•li 8xp•rArn ImKx)8od ty Iho donoror Ihrotsgh Iho t•mii 01 un w)•al or as by l&w. Endowmgnt lynd$ ar• lund8 don&t•d10 th• charlty, tho ILthds shall bo Inv•$t•d ar#J Ihe eharty lh1 •njoy Ih• b•n•fit ¢1 th• Incom• Irom thg •1 lund, wh?re r•strktbn5 art on thg use ol lh• 2 LlbllJtyto tsx•llon The Trust•gs consid•r that lh• charfty 8aVsf¢•s th• Sot In Par&yrW 1 Srjwduh 8 01 Iho Anonc• 12010 for UK eorporotlon puw$. Accordlngly, I Charity l& pot•nWalty 襕mpt trom laxaoon In r•4peei ol onM• or cwtal palns lee••d wllhln ealegorkns COVOf•d ty chapler 3 p•rt 11 of lh• Corpor41n Tax Act 2010 01 Sgrton 256 of Iho TayAOon ol Charg9abl• GnI Act 1992. to th• •x1•nl Ih41 Buch Dr galns ar• appmed gxcluslvety on th• sPoclll¢ ¢hartsbJv ot4Kts ol th• charty ar¥J lor Olh•r purpos•. Voluè Add8d T&x is noi racoverabto by tha eh&rity, and 1$ Ihtr•lwe Includod in Ih• r•lovant costs in S¢ot•ment ot FinarK A1. 3 Wlndlng up or dlwlutlon ol lh• chlrlty upon wlndlng tsl th• <wty Iho1• r•MTr Imy ••••ts, 4ft•r lh• •atsla¢iioTh ol all d•bt• arnl lablliliè#, th• lgprèsèniad by th& atmula1•d lurd SWI b• tran8t•fr•d to 8onw oth•rch•r5tabl• or t*)dl&s ha¥lng oblecls to th? chaty. 4 N•1 •Urp1 b•lv• tox In th• fln•n¢l•l •¢ a024 Th• n•tsurpl beloi• In the ar Is stat¢d aftortharyln9:" DOp810n ol flx•d asmts 8S,927
NEW COVENANT CHERUBIM & SERAPHIM MOVEMEHf CHURCH Noteg to the Accounts lor Ihe ar ended 31 December 2024 5 Interest payabl• Loan knt•r•st 36008 36.015 6 Th• conlrSbutlon of volunteern Thcharlty d•pend¥ on th• &uppon 01111 YO168, whKh18 mueh wrKlat•d. Tthry arrangemgThts lh volunlgors dlfflcull to ¥u0 In mon8lary tgrmi h•vg fiDt b••n reciwanlsed in ¢he Swemonl of Financial Activit18s. The nIe•r8 And tho eharityacwt arKI aCrthat contract of emptywnl is er•at8d by Ihe58 8ffarvJornMIs. 7 Staff co8t8 and •molument• 2024 Gross Salarf•8 •x¢lAllr4J trusl•M kny marwmenl p8rn0nno1 30.344 T•tyl MhYl••. 9•• ind rnl•t•d co•1• Th• av•rng• nurnbwol part Ilrn• Staff enwloy•d In yg•r w48 Th• 4v•rage numbw of lulltlm8 8tff •mpbyad h th• y•¥ waj Th• WmIl•d lull tlm• •qulv4k•nl nuTrth•r of oll Nlall •mployod In lh• ywwa• 7h• uJm•t•d•qth•l•ntnumb•rollull Ilm•$t•ff 4loy•dln dhY•f•nl•cllvltknsth th• yw rn" Eng•g•d on chartl•knb• a¢dv11108 Engw•d on m•ntyThnland 4drnlnknlro OM ol lh• •MplOy In th• yw aB •ll u In th• y•¥lous y•ar l• a tyu•t•• qnd Ih•lr Jl•wy1or thé y••r l• +J•Wl•¢J as b•bw. N?9mpIoo5 rwAF¥•d •molumènts l•xdudlng porthn$I In e•s8 of £60.000 per annum. p•kl •ryy•• l• a tnJBt•• Th• rnmumralon In Ilw •r wa¥ 20.784 28,821 Toi•lr•mun•rotIt7n¢*ryolThQ1uln tothlul•rl•¥obov• 21
NEW COVENANT CHERUBIM & SERAPHIM MOVEMEpif CHURCH Notos to the Jxcoynts lor tho >*ai andod 31 Decemb8r 21y24 8 T•nglbl• flxed ••¥•ts Land •nd Bulldlngs IIR¢hlntry Vehkkn• At l January 2024 Athjthns 2,574,843 35,966 324.822 $3,01S 40.(KJO 2.939,465 2,939,46S 98.983 98,963 Al 31 D•cgmbor 2024 610 011 a077 3.038,448 344 D•wKl•tton At 1 January 2024 Char99 lor lh# y•ar 6S3,526 .216 232.3Wd 31,049 22252 908.170 85.927 908.170 85.927 At 31 D•o•mb•r 2014 At 310•¢gmb•r 2024 351 31 D•wmb•r 2023 9 81Mk• & Work ln Piogm Stocks bolore wilt• dxn8 1887 2024 Aeiiwlty 22
NEW C0VENAr CHERUBIM & SERAPHIM MOVEMENT CHURCH
Note$ lo the Accounts for the >rar ended 31 t>ecember 2024
10 Debtor•
Ac
NEW COVENANT CHERUBIM & SERAPHIM MOVEMENT CHURCH Not0& lo the Aceounts for the year ended 21 December 21Y24 16 Partlcullrs ol h¢)w pani¢ulai lunds arn rwresentsd by a$8et¥ and Ilabllllles At 31 D•e•mb•T 2024 ty D••lgn•t•d Endommnt R••tyi¢thd d• fthds lund8 T8ryible Fad Assèts Cuwrent c01 Uat41[•S Long Term ti8bll4O•8 2WJ51 1044JSI 71 864,971 1158mOI 1158,0801 (3,931) lJ92,VJ1} 350,681 380A81 2J4•830 2 349.930 Al 1 J4nu•ry 21124 Oh•lom•t•d Endowrn•m R•rfM•d lurNI• Iuhd# T•ial T•1 Furd• Flx•dA86•ts COnI Assois CuNoni ud1[¢1•$ Long T•nn Ll•blllll•¥ 31295 10312P5 890531 1145.8011 1145,9011 350,331 74 17 Ch•ns• In total fund$ •r•$ 8hown In Not• 16, •ftaty•ed by Indlvldual fw l•rward Ifom 2024 l•r¥Jwd to forwd lund• Ir 2tr14 ••• Not• 11 Unwbw•d A•v•nw Furrtli 2.005,543 2,087 2m17Mg0 WM30 Totsi wr••tri¢t•d Ind dll•d lund• 07 0,331 Total v••trl¢t•d 360 Totsi¢h•r*y nd8 24
NEW COVENAMf CHERUBIM & SERAPHIM IAOVEMENT CHURCH Not•s to the Aecounts for Ihe year ended 31 December 2024 la Aftaty81s al movements In lunds over the as shown In Note 17 Qlh•r Exp•nrfMur• 17th•4 In Unmlrl¢t•d•ndd•l•dlund$.'. unr•thclo¢1 ¥•nu8 Fur 447,715 1446,628) ?.007 2.007 350 445.628 1• Th• pury>oJ•• lor whlch th• lund• •• ThM• funds w• Mld lor the the oWecllvg5 ol Ihe charty. a• lo PTo¥lde re3grvg$ lor lutt1 aclTrvib05, * , subjocl lo chiffty 4'51aOon. ar• fr•0 from all i•slrtc¢wJ on Th16 lund rgw•5ents Ihe lu aridno on th• r•volu&ioon ol Ihè cha1• ai•ets. Doslgnalgd rnv•nuo funds Tepiothnts donalloni for partlculw c•use and lo bè accoA11ngty bytr• chatfjty. Unr•strlct•d R•v•rwe Fur Unr•8tth#•d R•viluAIkn R•B•rv• Designated Rovenu• Fund6 D•$lgnat¢d Hx•d A8s•t Fur The purpo¥• of IhK• fund819 dBxnbo(l undoi th• lIng y'A¢cOunii lor uplial 9rants and Ilx•d omot lunds.. R•8trt•d Flxed A8Bgt Fur#lJ Tho puryw ol IhM• lundÈ18 d&>04 undér th• auntin pJky'AtcounJng lor ewal gyants and flx8d ass ttsnd8'. Th18 lund i•pr•sen15 the r•ilrlc¢J surp1 arlslng on th• r•viluotlon ol lh• ¢h•rtV8 ?. A•stt•d R•v1tIOft R•Mrv• Endowwi Flx•d AJMI Fund8 Th• w01• ol tmie lundi18 under thg ¥Miirilir pollcy'Awounlr¥ lor Ca181 orints ar Nx•d lurnl•'. Thlj fynd ropr•wnls Ih• i•itrlct•d $uFplu$ r•laiinll to •rKlowm•nt fvjnds lldslng on lh• F•valuatkn of tho thartyi Endo1 Rwalua¢Jn RMorv• 20 UNlmAt• ¢ontrolllng pnrty Thgtharity18 undgrth0 eontrol of it510gal rngrnbgrs. v•ry m•Tr•r ol th• ch•rltyl• oblbged to ¢ontrlbulo Bu¢h •mount •• may b• rnqulred •x4•dln9 EIOti> th• •wia ol lh• ¢•MnY In ih• •%nt ol h• b•lng up fftll• h or •h• l• • mwnb•r, or wlthln ¢)n• y•ar allw h• or gho 4•4 its b• • Trwb•r.
NEW COVENANT CHERUBIM & SEIWHIM MOVEMENT CHURCH D•tsll•d •naty919 ol Incom? •d •Mpwidlturnfor >4•f •Thl•d 31 Oer•mb•r 2024 os rnqulrnd by th• SORP 201$ ThI••M114 ts cl••Mlft•dty¢onvontloMI n•mIn60¥¢IIp1loM•ndNIty•ellV1ty. 21 Dw•llon$, Qronts •nd L•llad•s Cuff•niy••r (1¥ ¢urw¢htytsr EndThThnt Totyi Futh Taill Fun t10tyJ JJ¥s Told dart•ll¢M 4nd•lft•frfy Irthklu•ls Fund IlTh•rnhlp 8ubKrtpllM•udon•ll•nB 249.97T 24•,•77 316,571 FuThd• W•lhr• DoMik)n• forih• Band• Totsl IH•hr•fund 2AOO JThny•w Curnnlyvr ¢urnn¢v•iF prt•rYwr UTrr•i•d I1••trI¢1 Ené•w•nt 7•ts1 VundD Teiilpun lund4 •ub]dthg lntsn&e•fund l m8tld Bu19 mnt•n4n¢• fvnd• 350 IM04 T•W Bulldlnq M•lnhth•o•frJnd I v••trle•i•d lundll Total Don8tlons. Grnnts •nd Legacl•8 Total Donallon•, Gr•nts •NI L•195 A1 2131 350 26
NEW COVEMANT CHEAUBIM & SERAPHIM MOVEMEMT CHURCH Dotsllèd ol Ineom• And 0XndItuTe for th• ytsr 8ffthl 31 Do¢¢mb¢r 2024 u rnqthr•d by th SORP 2015 22 In¢4)m• fmm ¢h•rtt8bh A¢llrftl•- Trndlng Acllvlllo9 riJTr•Trl ¢vTh•nl C¥rw•nty•r fwnwrt>•r p•r¥••r T•1 F4md• Totsl thJfid• Pundo Fund ond •n¢Ul•ryiradlAo OthBfwonts iKome 2A54 3,708 85.830 65,740 Tol•l Pthwry puTrots and Incllthry YJ Toi•l trom•h•vltsbh QJvr•MyMv Prfor Y••r Unr•trt¢i•d End•wMrt T•¥ TI• nd• Fund• T•i•lFunth lffjm IT0 68,604 Tol•lfr•m chrfl•bl• •otMII•s 24 IneTh lrnm oth•r, non ch•rlt•bh. lrndlng •cllvlll•• . ... . . Cw¥•hty•w C¥w•#y•w Cu¥Mii Prf•rY• Unmirt¢i•d Ert¢•wmDni 701 T•tsl FuTh11 FundB Inc4yn• •Vtrnt• Inc4Jm• lu1¢4 •v•nt Phmb•rnh subBCrtplloftg •nd •pJnBmhW aB. 4 paym•nl toy 9oodB Ir Inwm• Ii•m kglung and Ik•n>knll ol prvptyTr forfion charlobb puwM• To tho #¢¢ounl8 18.950 110 10,965 22,763 21.318 47.104 47.104 31,042 349 82A174
NEW COVENJ4T CHERUBIM & SERAPHIM MOVEIAENT CHURCH tl•tsll•d •n•ty818 ol Incorn• wnd •xpondllur• for thD yur and 31 D•e•fflb•r 2tr24 M Mqulr•d by th• SORP 2015 29 Olhor ExpMlllurg. GmrTraft eogts Prohs•lonli&pII6 to lh• A{lrorIdep1thI Ex•mln•rln •ddlllM to•udlftd•x•mln•llon Fund Oth•rfiw¢W Tolel8ddltmItsa9 fn¢lud•d Ih Support ¢o•ts at Mots 28 All lh• •yp•ndluM In th• prfor y•ww41 vnrn•lrtl•d. Prof•Mlon•l l••p•ldlo th• Audllororlndeynd•ntEx•mln•rln•ddlll•n ts •udltw¥d•x•mlMtlon prttsr Y•thr prtIfYr prtory nd 30 T•tsl Cr•bI••¥ftdEtUr• CurmMy•v eun•nl yur C¥mfti ¥•ir Prtor Y••r Toi•l lund• Curmnt Y•v l¥n4• Tow dlr•ct 8p•ndlng Tolal ¢h•ritatrA• tradlno ¢o1ts Tolal support e¢sts 113,189 11&1 2•.M3 12J? 16822 0,1 310.W Tokni ¢h•rfthtyb•xbwdllUW• AU Iho oYP•rtltrJrn &ry th• y•aff unrn$irtiad. pNei Ywr prtor Y•v PrforY• Prlor Y••r Pu Pund• Total threcl spendlng Total ¢harftablo lrndlno co•t• Tot•1 lupport costs 123,347 16.222 2,128 123,317 82b 82d 210,121 eharfl•bl••xynd110 4a•M7 30
NEW COVENwif CHERUBIM & SERAPHIM MOVEMEKf CHURCH D¥tslled anal9 ol nnd •xP•ndlrn fov th• y•r •Nl•d 31 1)•wnlMr 2024 u qr• by th• SORP 2015 31 expondSlw• on r•hlnu lundg and of monagemonl Cufful y•w Cuff•rfy••i Y••r Fun Fun Fundralslng wblldty & mart•tlry Alth&•xp•ndluM In prtwywws unw81lId. 31