2023-12-31-accounts

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CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Statement of financial activities for the year ended 31st December 2023. UDrestricted Re5tri¢¢ed Total Funds Totsl Fund5 2023 2023 2D23 2022 tes Incomlng Resourcts G¢nerl orr¢Tln%$ tsift Aid 30.420.26 6W53.66 TrA2O.26 29.07Tr.39 11,30&06 Toial Ih¢om5n% R¢$0￿re¢S 37,273.92 2Q,lJO.O 57,27.1.92 40,377.05 Rewurce5 e%pended 31,207.23 600. 1,2nn.oo 33.W7.23 20,00n. 51307.23 34.0%2.76 600.1 Tu¢uJ re5vurLY5 pxpellded 2QOOO. S3.￿7.23 31682.76 Mole￿entin totsl tund for Net Inc0￿e1 I¥ApEnditvr¥l I￿r th¥yEur Net Gxin (L￿550 on 4,26&69 4,266.69 &094.29 Fwnd B1 bir Fund Bal df 4,20&69 5,09Ug 4Jé6.69 &094.29

CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Balante sheet as of 315t Detember 2023. 2•23 2023 2023 2022 liote5 FTXED,ISSETS T8￿glhlt assets 59,fi32 357hO CURRENT ASSETS DEbtor5 C$h At bnk Totsl A55et5 71 J￿1 71J•2 ,14 CREDITORS f311illg 3.41 NET CURRENf ASSETS IOJ7 10,371) 980 CREDITORS mOunt fllitsÈ morÈthAn FeAr TOTAL A&SETS LESS (.-URREI NT LIABILITES 71b,•02 71J.0O2 3(740 NF.T ASSF.TS 3&740 CHARITY FUhDt* UnrestTirtEd funds Rtstricled fllns 55,159 3&74 "ItyIAL Tr'UNDS 55,159 55,159 3(7411

CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Notes to the Financial Statement for thè Year Ended 31st December 2023 l. A¢¢ouniing poli¢i¢s Th¢ principal accounting PDliei¢£ gre set out below. Th¢ a¢¢ounting poli¢J¢s hav¢ b¢¢n adopted coiisislently throughoiil the yeai. al Rasis of a¢ci)untirtg Th¥ financial ¥iatLm¢nts hav¢ b¢¢n pr¢par¥d und¢r lh¢ hisiorical Cosi ¢oni'¢niion. as madified by the revaluatiDn of certain fixed aqsetq. and are in accordartee With the Stst¢m¢ht of R¢¢omin¢nded Pra¢tic¢.' A¢¢ounting ahd R¢porting by Chariti¢% issu¢d in March 2r)05 and the Financial Re￿rtIng Standard for Smaller Entitieq (effective April 20081- bl Incoming resources froiii generated tunds Incomiiig resoui-ces froiii generated tunds represenis donations towaids weekly lithes, chLirch bLiilding lund, Ihanksgii'ing, aniiual coiiference, travel and other contributions cl Tncoming resoiiires. Interest receivable Interest is credited in the yeai in which il is receivaq. dl Rebources expcnded Expendilurv is reLUbTnlbed wh¢n a lidbilily Ib inLurFth. Fundin¥ prvvided ihTr)u¥h wnirailual a¥Tr¢eiiienib #nd peifvmn¢¢ r¢laL¥LI giranls ￿ rewymised as 5erviLe *T¢ supplied. Orh¢r bYr)nt paymcnts ar¢ rc¢tsgnis¢d ivhcn a consiru¢iiv¢ obligaiion aTlS¢S that re6ulis in the payrneni b¢irt¥ unai'oidable. Costs of 8ett¢r2ting futtds ar¢ thos¢ Costs itt¢urred in attrA¢tittg voluntary in¢om¢. and those incurred in g¢tiviti¢.s that rais¢ fvnds. Cjrgnts payable gre payments made lo third parties in the furtherdnce of the chatitable objectives of the Tr￿%1 Single or inulti-year granL£ are accounted for wlien either the recipient reasonable expectation that they will receive a grant and the t￿SteeS have agreed to pay the grant without condition, or the iecipient has a reasonable expect￿7110￿ that they will receiwe a g17nl and any condition ￿￿ttaching lo the grniil is oiitside of the control of the Trust. Proi'isions for grants are made ￿'hen the iiitentioii to make a graiit has been collunuiiicaled to the recipient but there is uncertainly about either Ibe timing of the grant orthe aiiiount of payable. Goi'¢rnanc¢ ¢v¥ls includ¢ thv5¢ illcuTred in thv goi'¢rnan¢e of ils assets an(1 ar¢ primarily associat¢d with consiituiional and siatuiory r¢quirmicnis. Support co£ts include central fllneticjnq and have been Allocated th activity cost

categorieb on * basi￿ ¢0rtsi$tent with the use of resources. Depr¢eltlo D¢pT¢ciaiion is ¢al¢ulai¢d ai rails ¢siimat¢d 10 wri1¢ orfthc ¢091 oF&ll iangibl¢ fix¢d as$¢ts over th¢ir ¢xpect¢d us¢fvl liv¢s'. Dllnng the year under revieiv. the ehllreh decided to C(Jntinlle to separate IL8 equipment from itq furnitutr fixturts aiid fittings..4 d¢pr¢¢iation rdte of 200/0 Was pplied on each category on a reducing balgnee bg£ifi. el Fund st1￿CtUre The priliclp￿ll accounting ￿lIcleS are fiet out below. The accounting policies have been adopted consistently thiougliout Ilie yeDI. Tlie ￿ndS lield by the charity 3Te either.. Unieslricled general funds- these are ft]nds ￿'hiCh can be used in a￿OTdanCe with the charitable objects al the disciEtivn of Ilie Ituslees. Desi¥m#ted funds- these are fundg emiarked by the trusteey out of UllTestricted i¢ll¢Tdl fundb fvr bp¢LifiL futurL PUTWbts ur prvj¢cl&. R¢stri¢i¢d ruTh￿- thcs¢ ar¢ funds Ihai ¢an only b¢ ugud (or r¢stri¢i¢d purpos¢s withitt th¢ obj¢¢ts of th¢ charity. Restrictions aris¢ when sp¢cified by Ih¢ Ji)nor or ￿h¢ll funds are rais¢J for r¢siri¢ied purpos¢s. Endowin¢nt funds- th¢s¢ ar¢ fvndq that r¢pr¢s¢nt ass¢Lq whi¢h mu%t k held pennanenlly by the chariry. Income arising on the endowment ￿nd ean be u£ed in accoi'daiice with the objects of the charity and 1£ included iii unrestricted income. Any capit31 gains or losses arising on the Inveslinents form pan of the fuiid. Ini'eslment n￿nage1￿el1t charge£ and legal advice relating lo the tund are cliarged against the ti]nd. O VAT The cl￿tIlY is not registered for VAT and accoidingly expenditure includes VAT weie appropTiate. 2 Irttome restsurtes Incuine Lompri5e¥ of donations, tithets and gift #id. J F.mploiee Informatlon Non¢ of th¢ trusw'¢s r¢¢¢iv¢d any r¢mun¢rntiort or r¢uJJburscm¢rti of ¢xpcns¢s during th¥ y¢ar. 4 Net illeome res¢bur£e% Thi.4 I$.￿tated after charging 2023 2022

Depreciation 8940 S TaIation Tlie chaiity is exempl froin Col￿ratiOn lax on its cknrity. 6 TaD¥ible fixed a55et5 Lquipmetht ixtures nd fjttingg Tot41 Cost: At l Ja￿￿￿ry 21123 Addltlons Atjl Deeember 2023 J5,76 38.780 74,54 35,7611 38.780 74,54 Depre¢latlon At l Januarv 2023 PruTri5ion fur yer At 31 December 2023 14,90¥ 14.908 14,90¥ 14,908 ET BOOK VALUE 59,632 59,632 7 Creditors.. am&unts falling due wlthln thain ￿Tre year 2023 2022 Other Creditors 1,2uu 34UO 8 Credllors: amount$ (alllng due more than one year 2023 2022 Other Creditors 14,¥43

CELESTIAL CHRUCH OF CHRIST MIRACLE OF GOD PARISH- MANCHESTER INCOMEAND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 DECEMBER2023 INCOME VolurttllTy Ihpth4tiOth5 Gift #id 30,420.26 6.853.66 20,000.(X) Toll in¢ome 57,273.92 EXPENSES Rent 7,569.76 8,050.00 080.00 Ev¥ngellsm Accounting Fuel Equlpment Repairs Subsi5tente Admin C￿st 1250.(J 18,500. 2.5￿.0 980.00 1.5W.00 2.5(K).00 1.2(X).OU 5,5157.47 Utilities &)ving$ Loln RepayJJJentS Tot1 Expeth$es 53,(N)7.23 Surplu$ 4266.69