Company registration number: 07192023 Charity registration number: 1142031
DIVINE DESTINY PARISH CELESTIAL CHURCH OF CHRIST TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Abil Consultancy Ltd
Divine Destiny Parish Celestial Church Of Christ Contents
| Page | |
|---|---|
| Trustees' Report | 1—4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities (including Income and Expenditure Account) | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8—10 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities (including Income and Expenditure Account) | 11 |
Divine Destiny Parish Celestial Church Of Christ Company No. 07192023 Trustees' Report For The Year Ended 31 March 2025
The trustees present their report and the financial statements for the year ended 31 March 2025.
Objectives and Activities
Aims and Objectives
The Directors submit their report and financial statement for Divine Destiny Parish, Celestial Church of Christ (The Charity) for the year ended 31 March 2024. The Directors confirm that the directors' report and financial statements of the company comply with current statutory requirements of the company's governing document and the provisions of Companies Act 2006.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Divine Destiny Parish, Celestial Church Christ is incorporated in England and Wales as a charitable company. The Company is limited by guarantee with company registration number is 07192023. It is registered with the Charity Commission as a charity in England and Wales and the registration number is 1142031.
APPOINTMENT OR ELECTION OF DIRECTORS
Directors are appointed and or co-opted under the terms of the constitution.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEES
The induction process for a newly appointed Director comprises of an initial meeting with the chair and other Directors, followed by short meetings with the Senior Shepherd on the powers and responsibilities of the Directors.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
The charity is organised so that the Directors meet regularly to manage its affairs. The parish pastor manages the day-to-day administration of the church.
RELATED PARTY TRANSACTION
Divine Destiny Parish is a parish of Celestial Church of God Worldwide which has parishes all over the world.
RISK MANAGEMENT
The Directors have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity and are satisfied that systems are in place to mitigate our exposures to major risks.
OBJECTIVES AND ACTIVITIES
The principal object is the advancement of Christian faith in accordance with the statement of beliefs of Divine Destiny Parish, Celestial Church of Christ, and the relief of poverty. To achieve its objectives, the church adopted the following strategies:
Running Sunday worship services and midweek bible study, Supporting other charities and Christian events.
PRINCIPAL FUNDING
Funding has been provided mainly through tithes and offerings by church members and through donations. Pledges are also taken for specific projects.
FUTURE DEVELOPMENTS
The charity continues to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in the community.
STATEMENT OF DIRECTORS' RESPONSIBILITIES
The Trustees are responsible for preparing the annual report and financial statements in accordance with applicable laws and regulations.
Company law requires the Directors to prepare financial statements for each financial year. Under that law, the Directors have elected to prepare the financial statements in accordance with the United Kingdom Generally Acceptable Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing the financial statements, the Directors are required to:
- Select suitable accounting policies and the apply them consistently.
-
Make judgement and estimates that are reasonable and prudent.
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The Directors recognise their responsibilities to keep proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence taking steps for the prevention and detection of fraud and other irregularities.
The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended
Page 1
Divine Destiny Parish Celestial Church Of Christ Trustees' Report (continued) For The Year Ended 31 March 2025
Public Benefit
PUBLIC BENEFITS
The Church's Sunday and mid-week services are open to the public to build on their Christian faith. Apart from its Church activities, the charity was involved in the following public benefit efforts:
-
Had retreats for different natural groups; Children, Teenagers, Youth and Couples to promote good family values and responsible people.
-
Holding outreaches and social action activities in areas of interest to our community. During the year, the Charity distributed relief materials in the community to reduce the impact of the government lockdown order during the Covid-19 pandemic
Our efforts are geared towards supporting the programme of our local community, promoting cohesion in our community, and impacting the lives of the young people and the elderly.
GRANT MAKING POLICY
The church supports visiting ministers of the gospel both within and outside the United Kingdom. Support is also given to Celestial Church Headquarter in the UK and other World Evangelism Mission. The Church supports other charities and missionary that shares ts objects in the advancement of Christian faith and relief of poverty. The church gives occasional welfare grants to congregational members who are in need.
VOLUNTEERS
The church is grateful for the unstinting efforts of its volunteers who are involved in providing services for the charity. It is estimated that over 1000 hours are provided by volunteers during the year. f this is conservatively valued at £10.42 per hour, the volunteers' effort will amount to over £10,420.00
REVIEW OF ACTIVITIES
The church continues to enjoy tremendous growth in its physical and spiritual life during the year, and in the advancement of Christian faith in accordance with the doctrines set out in the Statement of faith contained in our constitution.
RESERVES POLICY
The trustees' policy is to have unrestricted and uncommitted funds (free reserves) to cover 3 to 6 months of resources expended. They feel that this would enable the current activities to continue if there is any significant drop in funding. It would obviously be necessary then to consider how the funding would be replaced or activities changed. The present free reserve is below the policy range, but the trustees are continuing to seek additional funds for the reserves.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Reference and Administrative Details
Trustees
Mr Moses SIWONIKU - Secretary Mr Moses SIWONIKU - Director Mr Oyeyemi SONUBI - Director Ms Elizabeth TEMOWO - Director
Charity Number
1142031
Company Number
07192023
Registered Office
Flat 23-25 Peckham High Street London SE15 5EB
Independent Examiner
Abil Consultancy Ltd Chartered Certified Accountant's Abil Consultancy Ltd Chartered Certified Accountant's 9 Bevan Avenue Upney Essex
Page 2
Divine Destiny Parish Celestial Church Of Christ Trustees' Report (continued) For The Year Ended 31 March 2025
IG11 9NW
Page 3
Divine Destiny Parish Celestial Church Of Christ Trustees' Report (continued) For The Year Ended 31 March 2025
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Oyeyemi SONUBI
Trustee 02/03/2026
Page 4
Divine Destiny Parish Celestial Church Of Christ Independent Examiner's Report to the Trustees of Divine Destiny Parish Celestial Church Of Christ For The Year Ended 31 March 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the charity 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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
-
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.
Abil Consultancy Ltd Chartered Certified Accountant's
02/03/2026 9 Bevan Avenue Upney Essex IG11 9NW
Page 5
Divine Destiny Parish Celestial Church Of Christ Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Raising funds 4 NET EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 9 |
2025 Unrestricted funds £ 36,956 |
2024 Unrestricted funds £ 22,762 |
|---|---|---|
| (42,751) | (35,596) | |
| (5,795) | (12,834) | |
| (5,795) 15,635 |
(12,834) 28,469 |
|
| 9,840 | 15,635 |
The notes on pages 8 to 10 form part of these financial statements.
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Divine Destiny Parish Celestial Church Of Christ Balance Sheet As At 31 March 2025
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 8 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 9 |
2025 Unrestricted funds £ 10,740 |
2024 Total funds £ 16,235 |
|---|---|---|
| 10,740 (900) |
16,235 (600) |
|
| 9,840 | 15,635 | |
| 9,840 | 15,635 | |
| 9,840 | 15,635 | |
| 9,840 | 15,635 | |
| 9,840 | 15,635 |
For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Oyeyemi SONUBI Trustee 02/03/2026
The notes on pages 8 to 10 form part of these financial statements.
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Divine Destiny Parish Celestial Church Of Christ Notes to the Financial Statements For The Year Ended 31 March 2025
1. General Information
Divine Destiny Parish Celestial Church Of Christ is a company limited by guarantee, incorporated in England & Wales, registered number 07192023 and registered charity number 1142031. The registered office is Flat 23-25 Peckham High Street, London, SE15 5EB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements 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 charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be reasonably quantified with reasonable accuracy.
2.3. Resources Expended
All expenditures are accounted for on an accrual basis. Management and governance costs are cost incurred in connection with administration and compliance with statutory requirement.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance Fixtures & Fittings 20% on reducing balance
2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.6. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
3. Income from Donations and Legacies
| . Income from Donations and Legacies |
||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| Donations and gifts | 36,956 | 22,762 |
4. Analysis of Expenditure
| . Analysis of Expenditure |
|
|---|---|
| 2025 | |
| Support costs | |
| (see note 5) | |
| £ | |
| Raising funds | 42,751 |
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Divine Destiny Parish Celestial Church Of Christ Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
| Raising funds 5. Support Costs Employee costs Premises expenses General administration Governance costs Employee costs Premises expenses General administration Governance costs 6. Staff Costs Staff costs were as follows: 2025 £ Wages and salaries 3,800 |
2024 Support costs (see note 5) £ 35,596 |
|---|---|
| 2025 Raising funds £ 7,909 11,500 12,581 10,761 |
|
| 42,751 | |
| 2024 Raising funds £ 7,080 13,166 8,550 6,800 |
|
| 35,596 | |
| 2024 £ 3,600 |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
- Average Number of Employees
Average number of employees during the year was: 1 (2024: NIL)
- Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Accruals and deferred income | 900 | 600 |
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Divine Destiny Parish Celestial Church Of Christ Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
9. Movement in Funds
| Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 April 2024 £ 15,635 |
Income £ 36,956 |
Expenditure £ (42,751) |
As at 31 March 2025 £ 9,840 |
|---|---|---|---|---|
| 15,635 | 36,956 | (42,751) | 9,840 | |
| As at 1 April 2023 £ 28,469 |
Income £ 22,762 |
Expenditure £ (35,596) |
As at 31 March 2024 £ 15,635 |
|
| 28,469 | 22,762 | (35,596) | 15,635 |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
10. Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
11. Related Party Disclosures
12. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 10
Divine Destiny Parish Celestial Church Of Christ Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and grant EXPENDITURE ON: Raising funds Wages and salaries Travel expenses Rent Property management and service charges Loan to Shepherd Printing, postage and stationery Honorarium Other Charities Accountancy fees Bank charges Accountancy fees Annual Harvest NET EXPENDITURE |
2025 Total funds £ 36,956 |
2024 Total funds £ 22,762 |
|---|---|---|
| 36,956 | 22,762 | |
| 36,956 (3,800) (4,109) (11,500) - - (267) (1,250) (10,129) (900) (35) - (10,761) |
22,762 (3,600) (3,480) (11,500) (166) (1,500) - (1,000) (7,550) - - (600) (6,200) |
|
| (42,751) | (35,596) | |
| (42,751) | (35,596) | |
| (5,795) | (12,834) |
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