2023-12-31-accounts - Celestial Church Of Christ, Christ Ambassador Parish Land Of Spiritual Freedom

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CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023

EMMANUEL STEPHENS & CO. CHARTERED ACCOUNTANTS, BUSINESS ADVISERS & CONSULTANTS 62 BEECHWOOD ROAD, LONDON E8 3DY

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023

Reports and Accounts

CONTENTS
Charity Information	4
Trustees Report	5
Accountant's Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes to Accounts	9 &10

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH

FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023

CHARITY REGISTRATION NUMBER IN ENGLAND AND WALES

1156881

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023

Charity Information

THE MANAGEMENT COMMITTEE:

Chairperson

Rev. George Olamide Akinsulire

General Secretary

Tokunbo Samuel Akintoye

Charity Number 1156881

BUSINESS OFFICE

UNIT 13 ENTERPRISE INDUSTIAL ESTATE, BOLINA ROAD LONDON SE16 3LF

BANKERS

Barclays Bank Leicester LE87 2BB

ACCOUNTANTS

EMMANUEL STEPHENS & CO. 62 BEECHWOOD ROAD LONDON E8 3DY

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023

The Trustees present their report and the financial statements for the year ended 31st December 2023

Activities in the year

We continue to promote the gospel of God and to spread the good news to all. The aparatus used for this purpose includes regular fellowship, ministering the word, training of disciples, organising conferences and retreats.

Trustees

The church is managed by a Board of Trustees appointed annually at the Annual General Meeting. The day to day operations of the charity is run by the Chief Executive who is supported by one Administrator. The Trustees who served during the year are: Rev. George Olamide Akinsulire Tokunboh Samuel Akintoye Miss Olufunke Obajuluwa

Prospects

The Church operates from Unit 13 Enterprise Industrial Estate SE16 and infrastruture has been put in place to further the objective of spreading the gospel of our Lord Jesus Christ. The Church is impacting the community through the provision of youth training, counselling, care and advice for the homeless and the elderly.

Finances

The attached financial statement show the current state of affairs which the Trustees consider to be melting point for future progress.

This report was approved by the Board on and signed on its behalf by:

Rev. George Olamide Akinsulire TRUSTEE

Miss Olufunke Obajuluwa TRUSTEE

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH

I report on the accounts of the Trust for the period ended 31st December 2023, which are set out on paged 3 to 7.

RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER

As the Charity's Trustees, you are responsible for the preparation of the Account: you consider that the audit requirement of section 43(2) of the Charities Act 1993 ("the Act") does not apply. It is my responsibility to:

. Examine the accounts under section 145 of the 2011 Act;

. to follow the procedure s laid down in the general Directions given by the Charity Commission under section 145(5) of the 2011 Act;

. to state whether particulat 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 Commissioners. 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

In connection with my examination, no matter has come to my attention:

Which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act, and
to prepare accounts which accord with the accounting records and to comply with

the accounting requirements of the 2011 Act.

have not been met: or

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

Emmanuel Stephens & Co.

Chartered Accountants, Business Advisers & Consultants 62 Beechwood Road

London

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH

Statement of Financial Activities for the year ended 31st December 2023

Notes Incoming Resources Tithes, Offerings & 1 Similar Incoming Resources Gift aid Total Incoming Resources Charitable Resources Expended Direct Charitable expenses 2 Management & Administration 3 Total Resources expended Net Incoming Resources for the year Funds Brought Forward Fund Balances carried forward	2023 2022 Total Total £ £ 38,769 58,283 14,754 16133
	53,523 74,416 180 3,250 64,917 60,814
	65,097 64,064
	(11,574) 10,352 111,740 101,388
	100,166 111,740

All disclosures relate to the continuing operations. There are no recognised gains or losses other than those disclosed above.

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH

Notes FIXED ASSETS Tangible Fixed Assets CURRENT ASSETS Debtors Cash in Hand/ Bank CURRENT LIABILITIES 5 NET CURRENT ASSETS NET ASSETS ACCUMULATED FUNDS Unrestricted 6 Amount falling due within a year Balance sheet a	£ £ £ £ - - 22,500 22,500 78,166 89,740 100,666 112,240 (500) (500) 100,166 111,740 100,166 111,740 100,166 111,740 100,166 111,740 2023 2022 s at 31st December 2023	£ £ £ £ - - 22,500 22,500 78,166 89,740 100,666 112,240 (500) (500) 100,166 111,740 100,166 111,740 100,166 111,740 100,166 111,740 2023 2022 s at 31st December 2023


		111,740
		111,740
		111,740

Approved by the Trustees and Signed on their behalf:

Rev George Olamide Akinsulire

CELESTIAL CHURCH OF CHRIST, CHRIST AMBASSADOR PARISH

Notes to the financial statements for the year ended 31st December 2023

ACCOUNTING POLICIES

The accounts have been prepared in compliance with the statement of Recommended Practice (SORP): Accounting for Charities.

1. GRANTS, DONATIONS ETC

These are recognised in full in the Statement of Financial Activities in the period in which they are received.

2. DIRECT CHARITABLE EXPENDITURE

This comprises all expenditure directly related to the objects of the of the charity. It also includes the expenditure in support of that activity where material.

Harvest Expenses Pastoral Returns/Honorarium Donations	2023 2022 £ £ - - - 1,200 180 2,050
	180 3,250

3. MANAGEMENT AND ADMINISTRATION

	2023	2022
	£	£
Professional fees	2,313	2,520
Travel	0	0
Rent	34,517	31,273
Repairs & Maintenance	-	20,795
Rates	1,585	2,614
Gas & Electric	2,734	3,112
Communication & Media	5,808	0
Sundry Expenses	-	0
Church Materials	17,460	0
Printing ,Postage and Stationery	-	0
Accountancy fee	500	500
	64,917	60,814

4.DEPRECIATION

This has been provided at the following rates in order to write off the assets over their estimated useful lives

Furniture, Fixtures & Fittings Musical Instrument The charity has no fixed asset. 5. LIABILITIES Accountancy fees.	20% 20% 2023 2022 £ £ 500 500
	500 500

6. UNRESTRICTED FUNDS

These are grants and donations received or receivable for the objects of the charity without restrictions as to purpose but are available as general funds.

7. RESTRICTED FUNDS

Restricted funds are used for the purpose as specified by the donor. Expenditure that meets these criteria is identified to the fund.