CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH ACCOUNTS 31ST DECEMBER 2023 EMMANUEL STEPHENS & CO. CHARTERED ACCOUNTANTS, BUSINESS ADVISERS & CONSULTANTS 62 BEECHWOOD ROAD, LONDON E8 3DY
CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH Report and Accounts for the year ended 31st December 2023 CHARifY REGISTRATION NUMBER IN ENGLAND AND WALES 1146389
CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH Reports and Accounts For Th• Year Ended 31st De¢¢mb¢T 2023 CONTENTS Charity Infom18ti Trustees Report Accountw)V$ Repc*t Stal8menl of Ffv)a)claJ Activ6ttes Balance Sheet Jt88 to Aecwnts
CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH Charity Informa0 ThE MANAGEAIENT COMMirrEE.' Mrs. Ellzabeth AkSns8nya Trusleè Rebecca Aan7 TnJst89 M81vin Shoyeju Trustèe L68h Adellnml Twstee Charlty R•gl•tratlon No: 1146389 BUSINESS OFFICE Unit 34,New AddIngtC Bu$lAe8$ Centr• Vukan Way, CRO 9UG BANKERS Lloyds Bank Cemden Town Branch 140 Carndon Hh Str••t Camd8n Town London NW1 ONG ACCOUNTANTS EMMANUEL STEPHENS & CO. 62 BEECHWOOD ROAD LONDON E8 3DY
CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH REPORT OF THE TRUSTEES TO MEMBERS OF THE CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH The Trustegs pres8nt thelr T8rt and Accounts fc*lhe star ended 31 Dec4mb8r 2023. Celèstlal Church of Christ AmazFrg Grace Parish is a regtered chanty with the overall misston of Spreading the Christian laith. alleviatin9 povety and reaching oul lo those U)at are marginalised in the soclety al large. Wt started the year with a spiril-filled servkè wth th& rnolive of conunuous soul-winnrng for the Kingdom ol Christ. Th church activitles for the ye¥r in review aro dossKfi into slandard, speual and inter padsh. The standa activitr.es are af• regularfy held weekly.mon¢hly and annually. th•y are port of the Churth caleThJ8rwortth%ide and are observed by al par15hes Including Amaing Gra parish The spscial actiwties a horne grown activlJes Ihat are de8tgned to meet lh& ne8ds ofthe m•mbors ofthe parlsh including Ihe parish cantala. th9 8umm8r feast. a spaeKql grarKI c¥)mmand music pèrtCTha to knelude special artists from Europe and Alrica. Slrènglhening 8nd buikling our capauty as an Org8nisa¢ion5 h8s b8en mainly focusod In 2023 on Securing a new building. Learning from last challenges by employing a building consultant. IAle ¥ign post many19 5talvlw h8lp and provide 1-2-1 $UPFKJrt for IhDSe that th& council does rK)t have responsibllity to support. by using our social medlè channels to find them accommodation. Refu8ee5 wlth no recourse to publlc fund: Families on low income support throu8h signposting and issues of food vouchers. Youth Empowerment Supportlng the elderly, Food security programme8 Mental wellbging Inler parlsh acllvlUe8 ore related activhies and spgdal proprammes of slstsr parishes and other donominations for whlch the parl$h regularty InVIt to p8rtiuate or as a guasL They Indudè revival wogffjmmas and semlnars. Mrs Ellzab•th Aklnsany¥ Date J¥ [/o/R19 24
CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH INDEPENDENT EXAMINER'S REPORT TO THE TrUSTEES OF CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH I report on the accwnts of th8 Twst lor the per*Jd ended 3151 Dornber 2023, which are 8et ct on paged 3 to 6. REspecTIVE RESPONSIBILMES OF THE TRUSTEES AND EXAMINER As the Charity5 Tru81ees. you are responsible for Ihe preparalrf>n of the Account 161 trt the audit requIrnent of 5eclion 4312) ofthe chare$ Act 199318 Acr) do8s not appty. 1115 my SponSIbl1fy to.. . Exarnine thè accounts under sedion 145 ofthe 2011 Act", . to fdlow the procedu s lamd (Jown in the 0oneTal Dirgclions given by Iho Charlty crmISsIon und•r sectlon 145151 tsf lh8 2011 Act- . to stste wh8ther paruculat matters havè crxne lo my aitsntion. BASIS OF INOEPENDENT EXAMINER'S REPORT My èx8minalion w89 cath8d out in 8ccortJance wilh the Gen•rd Dlrect.on$ gfven by the Charity Commisslongrs. An èxamin8tion includ8s a review of the accounting records kepl by the Cha and a compart50n of the Accounts presented IIM)se Cords. It also Includ consld8ratlon of any unusLtal Stems or disckjsures in the Accounts, and Seeng 8xpJ8natitin8 from you as Trustees conceming any such matters. The procedures undertaken do not provbje all the evldance that would be requlrad In an 8udtt. and ¢ons8qu?nty no ophbn Is glven a$ lo whethgf the accounts present 8 tru8 and f81r vlew and the report is Ilmited to Ihose matt¢rB set out in the ststam•nl bthf. INDEPENDENT EXAMINER'S STATEMENT In connection hth rny examinat)n, no mattèr ha8 cijmo lo my attention: 1. Whl¢h gwè$ me rn•Uonaè eauso to Ihat In any m8t8flal re6p•et the requirèrnents.. ' to keep a¢countlng records In acctyd8nc8 1h sacts.on 130 ofthe 2011 Acl, and ' to prepare ac¢ount5 which ac£ord wjlh the acctsunlng records and to eompty %%71h the aceounllng requSr8mènts ol the 2011 ACL have nol b8en met". LV 2. to whlch, in my opinion, attention bo drawn to enabl? a proper uNlorstandlng oltr aCUnIS to be reaehed. Emmanu•l St•phong & Co. Chart8red Accovntants, Buslness Advlsèrs & Consullants 62 8ee¢hwood Roa Lonilon E8 30Y CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH
Statomènt of Fjnandal for the r •nd•d 315t D¢c•mb•r 2023 2023 Notas Urwestricted Resthcted 2022 Total Incomlng Rèsou•9 rilhes, Offersngs & Slmljar Incorning Resources Crth8r Income Gift A¥J Repaents 92.867 15,000 13.lJ44 92.667 15.000 13.044 74,558 8,041 Total Incomlng R•8ourc•• 120,911 120911 82,599 Charlt•ble Rour¢ Ewnd•d Direct Catable expenses Fundr8151ng Publlclty anag6mènl & Adrninlslration T¢)tal •xp•nd4d 60,479 155.S67 156,217 14,448 74,926 156,217 Nat Incornlng Resourc88 lor thè year Funds Bfoughl Forward Fund 88lances ¢arrd loTh¥ard 35.306 96.823 61,$17 35.3C 96,823 7,673 89,150 I dl8closui•s relate to th• ¢onUnulng opwatkffi$. Therg ar• no recoJniMd galns or h)$888 0th8r th•n th)se dis¢bBed 8bov8. CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH 8alancg ¥heet as •t 31st Docember 2023
2023 2022 Notes HXED ASSETS Other t8r¥JiNe ed Assets 2.750 2.750 CURRENT ASSETS Cash in Handl Bank , Pr&p8yment lor Ngw BuldirrfJ 59.672 104.590 59,672 104.590 CURRENT LIA81LITIES Amount lallin9 due wlthln one 8r soo NET CURRENT ASSETS 59.172 104,090 LONG TERM LIABILITIES Amounl falllng due more than a yyar Loan TOTAL AssErs ACCUMULATED FUNDS Unrestricted Restricted 7.267 54,655 7.267 96,821 43,555 53.267 53.267 54,655 Approved by the Trusteos and Slgned on trir b8halP. Mrs Ellzabelh Akinsanya ///0 lao4 CELESTIAL CHURCH OF CHRIST AMAZING GRACE PARISH otè# t he financlal slat•men orth rfjod e ed 31s¢ D•cemb&r 202 ACCOUNTING POLKIES
Th8 accounts hav• b8en prepared in ct*npknc• th the siatefflent of RecommeThJed prfice ISORPI: Accounting for Charilies. 1. GRANTS. DONATIC>NS ETC The$8 are recognised In lull in the Statement of FIn8n¢ Activrtles irt the Feriod in vthich they are received. Z DIRECT CHARtTABLE EXPENOMJRE This compri58s all expenditure direcuy related to Ihe obieias of the of Ihe chHrity. It also incl85 the ndrtufe in support ofthBt activity whwe materi. 2023 2022 DonBlbJns Motor Expense¥ 3. FUND RAISING AND PUBLICITY This comprise the costs incurred in conn8cIOon Ihe man8ment of lh8 chÈwW$ 88sets. These costs Èr¢ organisal¥)nal as opposed to projed administratron ¢OSts. They Includ? costs for complw'ng wilh tha ¢(stU11)nal 84)d 8t&tutOry fequlr8ments. 4. MANAGEMENT AND ADMINISTRATION 2023 2022 Rent TdephonelFax Cholr Exp8n88S Church ExpenseB Repairs & Maintenance Prol938ional fe0$ Bank Charges Insuranc• Hervegt Expens•8 Evangellsm D•preciallon Accounlancy fe•$ 41.163 759 7,520 4.505 57,127 30,705 870 8,307 1,079 7.850 1,608 9.420 13,100 650 440 400 14447.79 21.351 155,567 S.DEPRECIATION Thi8 has been provided at the rates in order to lIe off the assets ovèrtheir eslfim8led useful IN•S Muslc81 Equipm&nl FirLure & Fitbngs 20%
- LIABILrnES urrent Liabillties 2023 2022 Accounta Fees 550 550 soo 500 M¢)r8 Than 1 year Loans
- UNRESTRICTED FUNDS These ar8 grants and donatn3 tecelved or receivabk for Ihe objects olthe charty %thoLrt re&trickn8 as to purpose but are available as general funds. B. OTHER FIXED ASSESTS Rastricted funds are Itsed for Ihè rp 8S SP8erfl8d by lh• donor. ExpeThJiture Ihat m••ts thasè criteria 18 IdentMed to the fvn(l.
- FIXED AsseTS Flxturèi & Fll¢lr¥g• Equlpment M+)tor Van Total Co$VValu#tlgn At 1 January 2023 Addll'ons At 31st Dec8mb8r 2023 4.219 6SO 7.069 3,400 10,469 650 DEPRECIATION At 1 January 2023 Charge lor th& y8ar At 31st Decerrber 2023 4.219 2.200 650 7.9 650 7,719 4.869 2,2CM) N•t 8 k Valu• At 31st D8cemb8r 2023 At 31st Dac8mb8r2022 2.750