2025-11-14-accounts - Celestial Church Of Christ Shiloh Parish

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Charity number 1147815

CELESTIAL CHURCH OF CHRIST SHILOH PARISH Report and Accounts

14 November 2025

CELESTIAL CHURCH OF CHRIST SHILOH PARISH Charity number 1147815

Charity Activities

The charity's principal activity during the year continued to be propagation of the gospel and contributing to the community.

Trustees

The following persons served as trustees during the year:

Mr P Sonubi Mr M Izevbigie Mr O Oladele Mr J Sonubi

This report was approved by the trustees on 23 June 2026 and signed on its behalf.

Philip Sonubi Chairman

Celestial Church Of Christ Shiloh Parish

STATEMENT OF FINANCIAL ACTIVITIES

Note Incoming Resources Incoming resources from generated funds: Voluntary donations 3 Total incoming resources Resources Expended Administrative Expenses 4 Charitable activities Governance Cost 5 Total resources expended Net incoming resources / (resources expended) before transfers Transfers between Funds Net movement of funds in year Net income / expenditure for the year Total Funds brought forward Total Funds at 14 November 2025 9	Restricted Funds 2025 £ - - - - - - - - - - - -	Unrestricted Funds 2025 £ 40,115 40,115 (32,575) (6,855) (450) (39,880) - - 236 236 26,194 26,430	Total Funds 2025 £ 40,115 40,115 (32,575) (6,855) (450) (39,880) - - 236 236 26,194 26,430	Total Funds 2024 £ 45,881 45,881
				(30,699) (11,255) (950)
				(42,904)
				- -
				2,977
				2,977 23,217
				26,194

Celestial Church Of Christ Shiloh Parish

STATEMENT OF FINANCIAL ACTIVITIES

Note Current Assets Debtors 7 Investments held as current assets 7 Cash at Bank and in Hand 7 Creditors:Amounts falling due within one year 8 Net Current Assets Net Assets Charity Funds Restricted Funds Unrestricted Funds 9	£ 9,462 16,985 483	2025 £ - - 26,930 26,930 500 26,430 - 26,430 26,430	£ 9,462 16,985 248	2024 £ - - 26,695
				26,695 500 -
				26,195
				- 26,195
				26,195

Celestial Church Of Christ Shiloh Parish

Notes to the Financial Statements

For the year ended 14 November 2025

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

1.2 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { 1.1 }.

Note 2 Accounting policies

2.1 INCOME

Recognition of	These are included in the Statement of Financial Activities (SoFA)
income	when:
	• the charity becomes entitled to the resources;
	· it is more likely than not that the trustees will receive the resources; and
	• the monetary value can be measured with sufficient reliability.
Offsetting	There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and	Grants and donations are only included in the SoFA when the general income recognition criteria are met.
donations

	In the case of performance related grants, income must only be recognised to the extent that the charity has
	provided the specified goods or services as entitlement to the grant only occurs when the performance related
	conditions are met .
Legacies	Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the
	executors have established that there are sufficient assets in the estate and any conditions attached to the legacy
	are either within the control of the charity or have been met.
Government grants	The charity has received government grants in the reporting period
Tax reclaims on donations and gifts	Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Contractual income and performance related grants	This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.
	Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical
Donated goods	to do so.
	The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at
	the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are
	distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
	Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale
	less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock
	recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading
	activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.

Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.

Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Donated services	Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided
and facilities	the value of the gift can be measured reliably.
	Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount
	recognised as an expense under the appropriate heading in the SOFA.
Support costs	The charity has incurred expenditure on support costs.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Income from
interest, royalties	This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
and dividends
Income from
membership	Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.
subscriptions
	Membership subscriptions which gives a member the right to buy services or other benefits are recognised as
	income earned from the provision of goods and services as income from charitable activities.
Settlement of	Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12
insurance claims	FRS 102 SORP) and are included as an item of other income in the SoFA.
Investment gains	This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting
and losses	from revaluing investments to market value at the end of the year.
2.2 EXPENDITURE	AND LIABILITIES
Liability	Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the
recognition	charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Governance and	Support costs have been allocated between governance costs and other support. Governance costs comprise all
support costs	costs involving public accountability of the charity and its compliance with regulation and good practice.
	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with
	the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other
	costs by their usage.
Grants with	Where the charity gives a grant with conditions for its payment being a specific level of service or output to be
performance	provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified
conditions	service or output.
Grants payable	Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the
without	commitment, a liability for the full funding obligation must be recognised.
performance
conditions
Redundancy cost	The charity made no redundancy payments during the reporting period.
Deferred income	No material item of deferred income has been included in the accounts.
Creditors	The charity has creditors which are measured at settlement amounts less any trade discounts
Provisions for	A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of
liabilities	the amount required to settle the obligation at the reporting date
Basic financial	The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS 102 SORP.
instruments	Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP.

2.3 ASSETS

Tangible fixed These are capitalised if they can be used for more than one year, and cost at least assets for use by They are valued at cost. charity

The depreciation rates and methods used are disclosed in note 7.

Intangible fixed The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are assets identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15

They are valued at cost.

Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments

Stocks and work in

Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.

progress

Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.

Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

3 Voluntary Income

Donation	Restricted Unrestricted Funds Funds 2025 2025 £ £ - 40,115 - 40,115	Total Funds 2025 £ 40,115 40,115	Total Funds 2024 £ 45,881
			45,881

4 Analysis of charitable expenditure

Refreshment Insurance Rent & Rates Repairs & Maintenance Equipment Expensed Salaries & Wages Motor expenses Donation Professional fees Travel, Trips and Outing Utilities	Direct Charitable Activities £ 625 535 19,920 - 555 - 818 7,345 - 177 2,600 32,575	2025 Total £ 625 535 19,920 - 555 - 818 7,345 - 177 2,600 32,575	2024 Total £ 1,126 163 20,064 - 588 6,000 1,428 1,105 - 225 -
			30,699

5 Net Incoming / (outgoing) resources

This is stated after charging:

Depreciation of tangible fixed assets Accountant's remuneration	2025 £ 450 450	2024 £ 950
		950

6 Taxation

The organisation is a registered charity and no provision is considered necessary for taxation.

7 Debtors: (Falling due within one year) Due within one year: Debtors Prepayments	2025 £ 5,762 3,700 9,462	2024 £ 5,762 3,700
		9,462

8[Creditors: ][(Falling due within one year)]

Property payment due Loan for the property Accruals 9 Statement of funds Unrestricted Funds General Funds Restricted Funds Fund Raising Other Total Funds	Brought Incoming Forward Resources £ £ 26,194 40,115 - - - -	2025 £ - - 500 500 Resources Expended £ 39,880 - - 39,880	2024 £ - - 500
			500
			Carried Forward £ 26,430
			- -
	26,194 40,115		26,430

Independent Examiner’s report to the trustees of Celestial Church of Christ Shiloh Parish

I report on the accounts for the year ended 14 November 2025 which are set out on pages 2 to 8.

Respective The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees/directors consider that an audit is not required for this year under section 43(2) of the Charities responsibilities Act 1993 (the 1993 Act) and that an independent examination is needed. It is my responsibility to: of

trustees/Direct

examine the accounts under section 43 of the 1993 Act,

ors and

• to follow the procedures laid down in the general Directions given by the Charity Commission examiner (under section 43(7)(b) of the 1993 Act, and

to state whether particular matters have come to my attention.

Basis of My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a independent comparison of the accounts presented with those records. It also includes consideration of any unusual examiner’s items or disclosures in the accounts, and seeking explanations from the trustees/directors concerning statement any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent In connection with my examination, no matter has come to my attention examiner's 1. which gives me reasonable cause to believe that in, any material respect, the requirements: statement • to keep accounting records in accordance with section 41 of the 1993 Act; and

to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the 1993 Act

have not been met ; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

23 June 2026

Olusola Olalekan Shokunbi FCCA Paul Victoria Accountants

2nd Floor, 134 South street, Romford, Essex RM1 1TE