MANOR PARK CHRISTIAN CENTRE
Company Limited by Guarantee
Charity Registration Number: 1151023 Company Registration Number: 8331342
Annual Report and Financial Statements 31 December 2024
Tandem Accounting Chartered Accountants 17 Heathville Road London N19 3AL
MANOR PARK CHRISTIAN CENTRE
Annual Report and Financial Statements 2024 Contents
| Page | |
|---|---|
| Legal & administrative information | 2 |
| Annual Report of the Trustees | 3 |
| Independent Examiner's report to the Trustees | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 |
1
MANOR PARK CHRISTIAN CENTRE
Legal and Administrative Information For the year ended 31 December 2024
| Charity Name | Manor Park Christian Centre |
|---|---|
| Charity Registration | 1151023. Manor Park Christian Centre (“MPCC”) was incorporated on 14 December |
| 2012 in order to take on the operations and assets of the unincorporated association of | |
| the same name. The unincorporated association was established in 1985 and was also | |
| known as Manor Park Christian Centre. MPCC was registered with the Charity | |
| Commission on 28 February 2023. | |
| Company Registration | 8331342 |
| Principal Address | 454 High Street North, Manor Park, London E12 6RH |
| Affiliations | MPCC is affiliated to the London Baptist Association (the London Baptist Property |
| Board), the Evangelical Alliance and Transform Newham | |
| Governing Document | Memorandum and Articles of Association dated 14 December 2012. |
| Objectives | • Advancing and expressing the Christian faith in accordance with the Statement of |
| Faith in the public benefit; and | |
| • Any charitable purpose in furtherance of the church in the public benefit as decided |
|
| by the church from time to time. | |
| The principle object of the church is to bring people to Jesus and membership in His | |
| family, developing them to Christ-like maturity and equipping them for their ministry in | |
| the church and their life mission in the world in order to magnify God's name. | |
| Trustees | The Trustees who served during the year or who were serving at the date of this report |
| were: | |
| Kundan Golla | |
| Anthony Oyekanmi | |
| Mike Swarbrick (resigned 14 July 2025) |
|
| Samuel George | |
| Key Management | The Leadership Team, who serve as Trustees, are those in charge of planning, directing, |
| Personnel | controlling, running and operating the Charity. Those members of staff who are the |
| senior management personnel to whom the Trustees have delegated significant authority | |
| or responsibility in the day-to-day running of the charity are the Pastor and the Lead | |
| Church Office Administrator. | |
| Bankers | Barclays Bank |
| The Newham Group | |
| London E12 | |
| Independent examiner | Michael Jarrett ACMA, CGMA |
| 77 Woodford Avenue | |
| Redbridge | |
| Essex IG2 6UX | |
| Solicitor | Anthony Collins Solicitors LLP |
| 134 Edmund Street | |
| Birmingham B3 2ES |
2
MANOR PARK CHRISTIAN CENTRE
Annual Report of the Trustees For the year ended 31 December 2024
The Trustees submit their report and the financial statements of Manor Park Christian Centre (“MPCC”) for the year ended 31 December 2024. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2019 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report. This report also constitutes a directors’ report required by section 415 of the Companies Act 2006 as all Trustees of a charity company are directors.
1. Structure, Governance & Management
1.1 Trustees
The Trustees of MPCC are responsible for the day to day management of MPCC’s business in accordance with MPCC’s objects. The Trustees meet approximately 3 times per annum to discuss a full range of matters relating to finance, fabric, general administration and the implementation of the objects of the charity.
None of MPCC’s Trustees, receive remuneration.
The induction process for any individual newly-appointed to the Trustees comprises an initial meeting with the MPCC Leadership team and receipt of copies of:
-
the objects of the charity
-
the most recent financial statements
-
the Charity Commission’s guidance ‘The Essential Trustee’.
1.2 Risk Management
MPCC’s primary concern and objective is the glory of God. Whilst it is MPCC’s policy to trust wholly in the Lord that He will work out His purpose to this end, MPCC also acknowledges that it has a responsibility for the identification and proper management of risks faced by MPCC in achieving its primary aim. The Trustees have therefore assessed the major risks to which MPCC is exposed, in particular those relating to the specific operational areas of the charity and its finances. The Trustees believe that, by monitoring reserve levels, by ensuring that controls exist over key financial systems, and by examining the operational risks faced by MPCC, they have established effective systems and procedures to mitigate those risks.
2. Activities, Strategies and the Public Benefit
MPCC is a vibrant urban multi-ethnic evangelical congregation with a membership of around 100. The Trustees have given due regard to the Charity Commissions’ guidance on public benefit. The Trustees believe that MPCC provides benefit to the public by:
- providing resources and facilities for public worship, pastoral care and spiritual, moral and educational development, both for the congregation and for anyone else who wishes to benefit from what MPCC offers, promoting Christian values and service by members of the congregation to the community, for the benefit of individuals and society as a whole, such as the Oasis and MPCC Newham Food Bank for the needy.
3. Achievements and Performance
The main objects of the church were mainly carried out through MPCC’s Cell Groups and Salt & Light Groups. Other ministries that greatly contributed to the church's ministry achievements included:
-
the children’s ministry
-
the youth ministry
-
the prayer ministry
-
the discipleship ministry
-
the catering ministry
-
the compassionate ministry
-
the music ministry
3
MANOR PARK CHRISTIAN CENTRE
Annual Report of the Trustees For the year ended 31 December 2024
4. Financial Review
MPCC’s main sources of funding are the free will offerings of church members.
4.1 Financial Activity and Financial Position
The Statement of Financial Activities and Balance Sheet can be found on pages 7 and 8 respectively. MPCC’s reserves decreased by £75,726 (2023: decreased by £15,333) during the year. The balance sheet shows total net assets of £1,171,050 (2023: £1,246,776).
Included in total funds are amounts totalling £8,483 (2023: £4,473) which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, or they comprise donations subject to donor-imposed conditions. Full details of these restricted funds can be found in note 8 to the accounts together with an analysis of movements in the year.
4.2 Reserves Policy
The Trustees have examined the requirements for free reserves, i.e. those unrestricted funds not invested in tangible fixed assets. In light of the present financial climate the Trustees consider that, given the nature of MPCC’s work, free reserves should be equivalent to approximately 12 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit. The Trustees are of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow MPCC to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2024 MPCC had net free reserves of £257,736 (2023: £341,999) as follows:
| Total reserves Less: restricted funds Less: unrestricted fixed assets used for the continuing work of MPCC Free reserves Free reserves requirement: 12 months budgeted routine expenditure Amounts earmarked for property purchase Total free reserves requirement |
2024 | 2023 £ 1,246,776 (4,473 (900,304 |
) ) |
|---|---|---|---|
| £ | |||
| 1,171050 | |||
| (8,483) | |||
(904,831) |
|||
| 341,999 | |||
| 257,736 | |||
| 120,000 138,084 258,084 |
|||
| 120,000 221,999 |
|||
| 341,999 | |||
The church is considering adding to its staff to help with its various ministries in the near future; the investment (in salary and accommodation costs) is likely to involve annual deficits which will be funded from reserves.
4.3 Investment Policy
MPCC currently invests funds in excess of working capital requirements in short term bank deposits.
4.4 Grants Policy
MPCC makes grants, to support missions both in the UK and abroad. The policy of MPCC is to give grants on the basis that they are subject to annual review and only renewed on the basis of meeting set criteria. The mission agencies regularly supported include Central African Missions in Congo, Newham Christian Fellowship (Transform Newham), Newham Youth For Christ, Open Doors and Teen Challenge London. In addition MPCC makes anonymous love gifts, at the discretion of the trustees, to those in need within the MPCC church fellowship or the local community. For details of grants made, see note 3b.
4
MANOR PARK CHRISTIAN CENTRE
Annual Report of the Trustees For the year ended 31 December 2024
5. Plans for Future Periods
MPCC anticipates the possible increase of church ministry staff financial obligations in the future. MPCC also makes provision for increasing engagement in various endeavours in the community. MPCC’s continuing commitment to the Compassionate Ministries also includes the ever-increasing financial support, for example, the Oasis ministry for a warm space for the community, and the MPCC Newham Food Bank for the needy
6. Responsibilities of Trustees for the Financial Statements
The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing those financial statements, the Trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles of the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the charity will continue.
The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.
7. Approval
The report of the Trustees was approved by the Trustees on 4 August 2025 and signed on its behalf by:
BP Trustee
Adetokunbo Olatayo Anthony Oyekanmi
5
MANOR PARK CHRISTIAN CENTRE
Report of the Independent Examiner to the Trustees of Manor Park Christian Centre
I report on the accounts of the Manor Park Christian Centre for the year ended 31 December 2024, set out on pages 7 to 15.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (“the 2011 Act”) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning 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 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
-
the accounts do not accord with those records; or
-
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.
Nh Wane Michael Jarrett 22[nd] September 2025
6
MANOR PARK CHRISTIAN CENTRE
Statement of Financial Activities For the year ended 31 December 2024
| Note Income from: 2 Donations and legacies Investments Total Income Expenditure on: 3 Charitable activities Total Expenditure Net gains/(losses) on investments Net (expenditure)/income before tax Tax payable 4 Net income after tax Transfers between funds Other recognised gains and losses Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Funds 2024 £ 114,433 10,406 |
Restricted Funds 2024 £ 6,934 - 6,934 2,924 2,924 - 4,010 - 4,010 - - 4,010 4,473 8,483 |
Unrestricted Funds 2023 £ 97,895 10,321 |
Restricted Funds 2023 £ 5,832 - 5,832 2,462 2,462 - 3,370 - 3,370 - - 3,370 1,103 4,473 |
Total 2023 £ 103,727 10,321 |
||
|---|---|---|---|---|---|---|---|
| Total | |||||||
| 2024 | |||||||
| £ | |||||||
| 121,367 | |||||||
| 10,406 | |||||||
| 124,839 | 108,216 | 114,048 | |||||
| 131,773 | |||||||
| 204,575 204,575 - (79,736) - (79,736) - - (79,736) 1,242,303 1,162,567 |
126,919 | 129,381 | |||||
| 207,499 | |||||||
| 126,919 | 129,381 | ||||||
| 207,499 | |||||||
| - | - | ||||||
| - | |||||||
| (18,703) | (15,333) | ||||||
| (75,726) | |||||||
| - | - | ||||||
| - | |||||||
| (18,703) - - |
(15,333) - - |
||||||
| (75,726) | |||||||
| - | |||||||
| - | |||||||
(18,703) 1,261,006 |
(15,333) 1,262,109 |
||||||
| (75,726) | |||||||
| 1,246,776 | |||||||
| 1,242,303 | 1,246,776 | ||||||
| 1,171,050 | |||||||
7
MANOR PARK CHRISTIAN CENTRE
Balance Sheet As at 31 December 2024
| Note Unrestricted Funds 2024 £ Restricted Funds 2024 £ Fixed Assets Tangible Assets 5 904,831 - 904,831 0 Current Assets Debtors 6 16,380 - Cash At Bank And In Hand 243,168 8,483 259,548 8,483 Creditors - Amounts Falling Due Within One Year 7 1,812 - Net Current Assets 257,736 8,483 Net Assets 1,162,567 8,483 Represented By: Funds: Restricted Funds 8 - 8,483 Unrestricted Income Funds 1,162,567 - Total Funds 1,162,567 8,483 |
Total 2024 £ 904,831 904,831 16,380 251,651 268,031 1,812 266,219 1,171,050 8,483 1,162,567 1,171,050 |
Total 2023 £ 903,985 |
|---|---|---|
| 903,985 36,512 307,850 |
||
| 344,362 1,571 |
||
| 342,791 | ||
| 1,246,776 | ||
| 4,473 1,242,303 |
||
| 1,246,776 | ||
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006. The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 December 2024 and no notice requiring an audit has been deposited under section 476.
The Trustees acknowledge their responsibilities for:
-
ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006
-
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial period and of its profit or loss for the financial period in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as is applicable to the company.
The financial statements were approved by the Trustees on 4 August 2025 and signed on their behalf by:
(Fe pen Adetokunbo Olatayo Anthony Oyekanmi Trustee
Company Registration Number: 8331342
8
MANOR PARK CHRISTIAN CENTRE
Notes to the Financial Statements For the year ended 31 December 2024
1. Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
Basis of accounting
The financial statements have been prepared under the Charities Act 2011 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting except for the revaluation of freehold land and buildings which are in use which are shown at market value.
The financial statements include all transactions, assets and liabilities for which the Trustees is responsible in law. They do not include the accounts of church groups that owe an affiliation to another body or those that are informal gatherings of church members.
MPCC meets the definition of a public benefit entity under FRS 102.
Going Concern
There are no material uncertainties about the charity’s ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis.
Income recognition
Voluntary income and donations (including legacies) are accounted for once MPCC has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured.
Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis. The income from trading activities includes rental income from the letting of the church premises which is accounted for when earned. It is shown gross, with the associated costs included in fundraising costs.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by MPCC; this is normally upon notification of the interest paid or payable by the bank.
Expenditure recognition
Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. MPCC is not registered for VAT and accordingly expenditure includes VAT where appropriate.
Charitable expenditure includes those costs in fulfilling MPCC’s principal objects, as outlined in the Report of the Trustees. These include grants made, governance costs and an apportionment of support costs. Governance costs comprise all costs involving the public accountability of MPCC and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.
Rentals under operating leases are charged as incurred over the term of the lease.
Tangible Fixed Assets
Tangible fixed assets are accounted for as follows:
-
The church freehold land and buildings (the manses) are stated at valuation, with the most recent valuation taking place as at 31 December 2015 and the next valuation is expected to take place for the year ended 31 December 2025. Depreciation is not provided as the estimated residual value is considered to be the same or higher than the carrying value of the property in the accounts.
-
The church building is not owned by MPCC and has not been capitalised in these accounts.
-
The cost of furniture, fittings and equipment, less any expected residual value, is depreciated on a straight line basis over the effective useful life of the asset, which has been estimated as between 4 and 7 years
Debtors
Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.
9
MANOR PARK CHRISTIAN CENTRE
Notes to the Financial Statements For the year ended 31 December 2024
1. Accounting Policies (continued)
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount. Longer term liabilities are discounted to present value.
Fund accounting
The funds held by the charity are either:
-
Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
-
Restricted funds - these are funds that 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.
2. Income
| Unrestricted Funds 2024 £ Donations & legacies Offerings and donations 97,162 Income tax reclaimed 17,271 114,433 Investment income Bank Interest 10,406 124,839 |
Restricted Funds 2024 £ 6,709 225 6,934 - 6,934 |
Total 2023 £ 94,341 9,386 |
|||
|---|---|---|---|---|---|
| Total | |||||
| 2024 | |||||
| £ | |||||
| 103,871 | |||||
| 17,496 | |||||
| 103,727 | |||||
| 121,367 | |||||
| 10,321 | |||||
| 10,406 | |||||
| 114,048 | |||||
| 131,773 | |||||
10
MANOR PARK CHRISTIAN CENTRE
Notes to the Financial Statements For the year ended 31 December 2024
3. Expenditure – Charitable Activities
| 3. Expenditure – Charitable Activities | |||||
|---|---|---|---|---|---|
| Ministry Personnel Gross salaries Pension Contributions Council Tax Manse Insurance Manse upkeep Minister's Expenses Centre Life & Outreach Publicity, website Books, literature & teaching resources Visiting speakers Children & youth ministry Foodbank Music Licences and subscriptions Catering Oasis Outreach Flowers Travel & accommodation Grants & gifts (see note 3b below) Other Office & Support Gross salaries Pension Contributions Telephone/broadband Printing, stationery & postage Photocopying Office supplies Computer supplies & maintenance Accountancy & payroll services Professional fees Bank & credit card charges Recruitment Other Provision building and facilities Heat & light Water Insurance Repairs, maintenance & equipment Health & safety Cleaning Depreciation Governance costs Independent Examination |
Unrestricted Funds 2024 £ Restricted Funds 2024 £ 20,004 - (103) - 2,590 - 709 - 47,072 - 719 - 70,991 0 264 - 628 - 798 - 253 1,391 - 1,533 591 - 1,945 - 2,032 - 2,000 228 - 321 - 2,425 - 50 - 11,535 2,924 33,858 - 641 - 1,865 - 777 - 3,756 - 152 - 694 - 3,138 - - - 764 - - - 1,593 - 47,238 0 12,977 - 667 - 5,159 - 47,856 - 3,225 - 3,083 - 1,434 - 74,401 0 410 - 410 0 204,575 2,924 |
Total 2023 £ 5,001 103 577 467 15,288 1,935 |
|||
| Total | |||||
| 2024 | |||||
| £ | |||||
| 20,004 | |||||
| (103) 2,590 |
|||||
| 709 | |||||
| 47,072 | |||||
| 719 | |||||
| 23,371 279 228 11,859 821 2,952 - 1,245 3,501 - 104 1,421 3,489 40 |
|||||
| 70,991 | |||||
| 264 | |||||
| 628 | |||||
| 798 | |||||
| 1,644 | |||||
| 1,533 | |||||
| 591 | |||||
| 1,945 | |||||
| 2,032 | |||||
| 2,000 | |||||
| 228 | |||||
| 321 | |||||
| 2,425 | |||||
| 50 | |||||
| 25,939 33,858 641 1,954 665 2,583 124 494 4,598 2,700 294 175 195 |
|||||
| 14,459 | |||||
| 33,858 | |||||
| 641 | |||||
| 1,865 | |||||
| 777 | |||||
| 3,756 | |||||
| 152 | |||||
| 694 | |||||
| 3,138 | |||||
| - | |||||
| 764 | |||||
| - | |||||
| 1,593 | |||||
| 48,281 8,044 762 6,509 12,501 1,102 1,598 1,024 |
|||||
| 47,238 | |||||
| 12,977 | |||||
| 667 | |||||
| 5,159 | |||||
| 47,856 | |||||
| 3,225 | |||||
| 3,083 | |||||
| 1,434 | |||||
| 31,540 250 |
|||||
| 74,401 | |||||
| 410 | |||||
| 250 | |||||
| 410 | |||||
| 129,381 | |||||
| 207,499 | |||||
11
MANOR PARK CHRISTIAN CENTRE
Notes to the Financial Statements For the year ended 31 December 2024
3. Expenditure – Charitable Activities (continued)
3a. Staff Costs
| Included within Expenditure on Charitable Activities are the following staff costs: Gross salaries Employer’s National Insurance Employer’s Annual Allowance Pension contributions Of which the following were in relation to Key Management Personnel: Gross salaries The number of employees during the year: Full time workers Part time workers |
2024 | 2023 | ||
|---|---|---|---|---|
| £ | £ | |||
| 53,862 | 38,859 | |||
| 3,667 | 2,538 | |||
| (3,667) | (2,538) | |||
538 |
744 |
|||
| 54,400 | 39,603 | |||
| 41,004 | 26,001 | |||
| 2024 | 2023 | |||
| Number | Number | |||
| 3 | 3 | |||
| 0 | 0 | |||
| 3 | 3 | |||
No employee received emoluments in excess of £60,000 during the year. Trustees received £nil in reimbursement for costs incurred on MPCC business.
3b. Gifts Analysis
Included within Expenditure on Charitable Activities are the following gifts:
| Unrestricted Funds 2024 £ Gifts to individuals – incl. compassionate ministry - Gifts to organisations Samaritan's Purse International - Central African Ministries 1,200 Cell UK - Newham Christian Fellowships 325 Open Doors 300 Teen Challenge 300 Youth for Christ (Newham) 300 2,425 2,425 |
Restricted Funds 2024 £ - - - - - - - - 0 0 |
Total 2023 £ 1,330 59 1,000 25 250 275 275 275 |
|||
|---|---|---|---|---|---|
| Total | |||||
| 2024 | |||||
| £ | |||||
| - | |||||
| - | |||||
| 1,200 | |||||
| - | |||||
| 325 | |||||
| 300 | |||||
| 300 | |||||
| 300 | |||||
| 2,159 | |||||
| 2,425 | |||||
| 3,489 | |||||
| 2,425 | |||||
12
MANOR PARK CHRISTIAN CENTRE
Notes to the Financial Statements For the year ended 31 December 2024
4. Taxation
As a charity, MPCC is exempt from tax on income and gains falling within the provisions of the Corporation Taxes Act 2010 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen on the charity.
5. Tangible Fixed Assets
Freehold land & buildings £ Fixtures, fittings & equipment £ Cost At 1 January 2024 900,000 84,457 Additions - 2,280 Disposals - - At 31 December 2024 900,000 86,737 Depreciation At 1 January 2024 - 80,472 Charge For Year - 1,434 Disposals - - At 31 December 2024 0 81,906 Net Book Value At 31 December 2024 900,000 4,831 At 31 December 2023 900,000 3,985 |
||
|---|---|---|
| Total | ||
| £ | ||
| 984,457 | ||
| 2,280 | ||
| - | ||
| 986,737 | ||
| 80,472 | ||
| 1,434 | ||
| - | ||
| 81,906 | ||
| 904,831 | ||
| 903,985 | ||
All of the fixed assets are used for charitable purposes. The freehold land and buildings are: as follows
| Address | Current use | 31 December 2015 **Valuation ** |
|---|---|---|
| 57BirchdaleRoad,Forest Gate,London E7 8AS | Occupiedby one ofthe churchworkers | 400,000 |
| 25Durham Road,Manor Park,London E125AY | Occupiedby thePastor | 500,000 |
| 900,000 |
The valuation of the residential properties was undertaken by the Trustees with reference to local market values and recent sold prices as at 31 December 2015.
The church building at 454 High Street North, Manor Park, London E12 6RH is not owned by Manor Park Christian Centre but is governed by the Trustees of the London Baptist Property Board as sole trustee. The church is permitted to use the building for its various meetings and ministries in accordance with an Administrative Amendment to the Trust Deed that was agreed between the Trustees of the London Baptist Property Board and the Trustees of Manor Park Christian Centre on 10 December 2012. The church building has not been capitalised in these accounts.
13
MANOR PARK CHRISTIAN CENTRE
Notes to the Financial Statements For the year ended 31 December 2024
6. Debtors
| Prepayments Gift Aid tax receivable Other Debtors |
2024 | ||
|---|---|---|---|
| £ | |||
| 2,604 | |||
| 13,526 | |||
| 250 | |||
| 16,380 | |||
7. Creditors – Amounts falling Due Within One Year
Other creditors including taxation and social security Accruals Other creditors |
2024 | 2023 £ 160 1,046 365 1,571 |
||
|---|---|---|---|---|
| £ | ||||
| - | ||||
| 600 | ||||
| 1,212 | ||||
| 1,812 | ||||
8. Restricted Income Funds
| 8a. Current Year Shoe Box Foodbank Teen Street Collection for individuals 8b. Prior Year Shoe Box Foodbank Collection for individuals |
At 1 January 2024 £ 297 3,611 0 565 4,473 |
At 1 January 2024 £ 297 3,611 0 565 4,473 |
Income £ Expenditure £ Transfers £ - - - 5,374 (1,533) - 1,560 (1,391) - - - - 6,934 (2,924) 0 |
Income £ Expenditure £ Transfers £ - - - 5,374 (1,533) - 1,560 (1,391) - - - - 6,934 (2,924) 0 |
Income £ Expenditure £ Transfers £ - - - 5,374 (1,533) - 1,560 (1,391) - - - - 6,934 (2,924) 0 |
Income £ Expenditure £ Transfers £ - - - 5,374 (1,533) - 1,560 (1,391) - - - - 6,934 (2,924) 0 |
Gains/ (losses) £ - - - - 0 |
At 31 | At 31 |
|---|---|---|---|---|---|---|---|---|---|
| December | |||||||||
| 2024 | |||||||||
| £ | |||||||||
| 297 | |||||||||
| 7,452 | |||||||||
| 169 | |||||||||
| 565 | |||||||||
| 8,483 | |||||||||
| Gains/ (losses) £ - - - 0 |
|||||||||
| At 1 January 2023 £ 297 241 565 1103 |
At 31 | ||||||||
| December | |||||||||
| 2023 | |||||||||
| £ | |||||||||
| 297 | |||||||||
| 3,611 | |||||||||
| 565 | |||||||||
| 4,473 | |||||||||
Shoe Box: Income received in offerings and donations specifically towards the work of the Samaritan’s Purse charity. Teen Street: Income received in offering and donations specifically towards the funding of MPCC Youths for Teen Street at Capernwray each year.
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MANOR PARK CHRISTIAN CENTRE
Notes to the Financial Statements For the year ended 31 December 2024
9. Operating Lease Commitments
The total future minimum lease payments under non-cancellable operating leases are payable:
| Not later than one year Later than one year and not later than five years |
2024 | 2023 £ 814 7,322 8,136 |
||
|---|---|---|---|---|
| £ | ||||
| 1,627 5,695 |
||||
| 7,322 | ||||
10. Related Party Transactions
Adeolu Dorcas Oyekanmi, wife of Trustee Anthony Oyekanmi, received a total of £500 for her role as a musician at the New Year’s Eve and Summer concerts.
Michael van Vuuren, the pastor and member of the key management personnel, was paid a gross salary of £20,004 (2023: £5,001). He occupied the manse at 25 Durham Road, Manor Park, London E12 5AY rent free in accordance with his contract of employment for the better performance of his duties.
Praveena Vinod Anand, the Lead Church Office Administrator and member of the key management personnel, was paid a gross salary of £21,000 (2023: £21,000) and received pension contributions of £443 (2023: £443).
Those Trustees who disclosed their name at the time of their gifts gave a total of £13,085 (2023: £11,945) in unrestricted offerings and donations during the year.
11. Members Funds
The company is a private company limited by guarantee with no share capital. The liability of the members is limited to £1 in the event of a winding up.
15