CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH ANNUAL RETURN FOR YEAR END 31ST of December 2024. *'I.5T'I,. ESS Sts Additio1￿1 Value CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH CONTENTS PAGE Legal and administrative information Report of the trustees Independent Examinerfs report Statement of financial activities Balance sheet io Notes to the financial statement5 11-13 Income and expenditure account 14 4wESS Sts AcIdit￿rIal CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Legal and administrative information Trustees Mrs Elizabeth Gabriel Mr Olusegun Olaniyan Samson Gabriel Rebecca Chukwuyem Chairperson. Charity Registration No: 1161967 Registered Address ADDRESS.. UNIT 2. REGAL INDUSTRIAL ESTATE, GORTON, OPENSHAW MANCHESTER. M12 5BX Independent Examiners Solomon Allistar IMAATI Unit 54 Carriocca Business Park Hellindon Close, Ardwick Manchester M124AH Bankers Lloyds Bank 4wESS Sts AcIdit￿rIal CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Report of the Trustees for the Year Ended 31st December 2024 The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 December 2024. Structure, Governance and Management Objectives and Activities The objects of the Celestial Church of Christ, Miracle of God Parish are to propagate the name of Our Lord Jesus Christ. There have been no changes in objectives since the last annual report. Christian Counselling, Advice and Information In propagating the name of Our Lord Jesus Christ, the parish engaged in evangelism, prayer sessions, spiritual counselling, advice and information to the general public during regular weekly services. These extend to 3sSlSting members and non-members in housing and financial needs, the provision of regular'Health Check, for all to attend and discuss their health problems and have medical check-up with volunteer Doctors and Nurses. This forum has been very helpful in dictating early symptoms of sicknesses and illnesses and referring the affected to hospitals for treatment and cure. Financial assistance for charitable objects The parish donated generously to many individuals in need, such as destitute, the disabled and the sick in our society. We also rendered financial support to various organisations in support of their own humanitarian and charitable activities Other Charitable activities Other charitable activities include,. spreading the Word of God among all nations and announcing the good news of the Kingdom of God to the poor in spirit. This was done through our Spiritual Worships which are open to the general public, revivals, healinES and evangelism which are conducted to stimulate spiritual awareness among the people, seminars and symposia which are organised for people to know and understand more about the Word of God ESS Sts Additio1￿1 Value Financial Sources The church income comes mainly from the weekly tithes and church building funds, other church contributions such as thanksgiving, annual conference, travel and music funds. The Building Repair Project During the year under review, the church continued the work on the repair and maintenance of the church building. Annual Harvest Program Event Our annual harvest program was a great success that yielded fruitful results. We invited dignitaries from Africa, ELJrope, and the USA. The programme generated awareness of our artivities in the local community hence leading to a increase in our weekly attendance and engagement in our activities. Statement of Trustees, responsibilities The Board of Trustee5 are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have.. Selected suitable accounting policies and applied them consistently. Made judgments and estimates that are reasonable and prLJdent, Stated whether applicable accounting standards have been followed, subject to anv material departures disclosed and explained in the financial statements,. and Prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Charity will continue in operation). The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial information. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement of disclosure of information to independent examine ESS Sts Additio1￿1 Value CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Report of the Trustees for the Year Ended 31st December 2024 We. as the Trustees of the Charity who held office at the date of approval of these finandal ststements as set out on pa8e 2 eath confirm. so far a5 we are aware, that: There Is no relevant Information of whlch the Charity's Independent examlner are unaware; and we have taken all the steps that we ought to have taken 35 Trustees In order to make ourselves aware of any relevant Infom)atlon and to establish that the tharity's independent examlnerls aware of that Informatlon. Independent Examlner.. The Charity's independent examlner, Solomon Alllstar IMAAn of SAA BUSINESS SUPPORT LTD has indicated their willingness to continue in office and offer themselves for appointmenL Thls report was approved by the Trustee5 on and sl8ned on thelr behalf by: 1910712025 Mrs El52abeth Gabrlel CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Independent Examinerfs Report for the Year Ended 31st December 2024 I report on the financial statements of the charity for the year ended 31 December 2024 which comprise the Statement of Financial Activities and Balance Sheet with associate notes. This report is made solely to the charity's Trustees, as a bodyi in attordance with section 145 of the Charities Act 2011 and regulations made under settion 154 of that Act. My work has beerb undertaken so that I might state to the charity's Trustees those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my examination work. Respertlve ResponslbllStSes of Trustees and Examlner The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ithe Act) and that an independent examination is needed. It is my responsibility to.. Examine the accounts lunder Section 145 of the Charities Act). To follow the procedures laid down in the General Directions given by the Charity Commissioners lunder Section 14515llbl of the Charities Act),. and To state whether matters have come to my attention. Basis of Independent Examiner'5 report My examination was carried out in accordance with the General Dirertions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Group/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 Eiven 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 Addiliothl Value In connection with my examination, no matter has come to my attention.. 11 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 Act,. and to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act have not been met,. or 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Signed.. SOLOMON ALLISTAR IMAATI Dated: 21/07/2025 Addrtioiial V￿ue CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Statement of financial activities for the year ended 31st December 2024. Unrestricted Restricted Total Funds Total Funds 2024 2024 2024 2023 Notes Incoming Resources General offerings Gift Aid 34.218.61 7,319.75 34,218.61 7J19.75 50.420.26 6.853.66 Grants Total Ineoming Resourees 41,538.36 41,538J6 57373.92 Resourees expended Direct eharitable expenditure GovernaThce cost5 33,432.03 700.00 1,200.00 35J32.03 33,432.03 700.00 1,200.00 35,332.03 51,207.23 600.00 1,200.00 53,007.23 Total resuurLeS expended Movement In total fund for the ie#r- Net income I (expenditure) for the year F4et Gain (Losso on investment 6,206J3 6,206.33 4,260.69 Fund Bal blf 6,206J3 4,266.69 6,206.33 Fund B#1 elf 4,266.69 Addiliothl Value CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Balance sheet as of 31st December 2024. 2024 2024 2024 2023 Notes FIXF.D ASSF.TS Tangible assets CURRF.NT ASSETS 4&945.61 59,032 Debtors Cash #t bank 1&476.39 11,570 71302 Total Assets 67,421.99 71,202 CREDITORS amoutlts falling due within one year 1,200 1,2110 NET CURRENT ASSETS 17,276J9 10,370 10,3711 CREDITORS amount falllng more than one year 9,794.82 14,843 TOTAL ASSETS LESS CURRENT LIABILITES 56,427.17 56,427.17 70,0112 NET ASSETS 56,427.17 56,427.17 70,Olk2 CHARITY FUNDS Unrestricted funds 56,427.17 56,427.17 70,0112 Restricted funs TOTAL FUNDS 56.427.17 56,427.17 70,002 Addiliothl Value CELESTIAL CHURCH OF CHRIST MIRACLE OF GOD PARISH Notes to the Financial Statement for the Year Ended 31st December 2024 l. Accounting policies The principal accounting policies are .set out below. The accounting policies have been adopted consistently throughout the year. a) Basis of accounting The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and are in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charitie5 issued in March 2005 and the Financial Reporting Standard for Smaller Entities {effective April 2008). b) IncomingJ resources from gFenerated funds IncomingJ resources fTom gFenerated funds represents donalions toward5 weekly tithes, church building fund, thanksgiving, annual conference, travel and other contributions c) Incoming resources; Int¢r¢st r¢c¢ivabl¢ Interest is credited in the year in which it is received. d) Resources expended Expenditure is recogmised when 41 liabilily is incu￿ed. Funding provided through contractual agreements and performance related graiits are recognised as services arc supplicd. Othcr grant payincnts arc rccogniscd whcn a constructivc obligation aris¢s that result% in the payinent being unavoidable. Costs of gLnLrating funds arL those costs incurred in attracting voluntary income. and those in¢urr¢d in activilics ihat rais¢ funds. Grants payabl¢ are payTnents made to third parties in the furtheranc¢ of the charitable objeclives of the Trust. Single or multi-year grants are accounted for wheii either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expeetation that they will receive a grant and any condition attaching to the grant is outside of the control of the Trust. Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable. Governance costs include those inCu￿ed in the governance of its assets and are SS S&prt] Addiliothl Value primarily associated with constitutional and statutory requiTements. Support costs includc ccntral functions and havc bccn allocatcd to activity cost categories on a basis consistent with the use of resources. Depreciation Depreciation is calculated at rates estimated to write off the cost of all tangible fixed assets over their expected useful lives.. During the year Under review, Ihe church decided to coi)tinue to separate its equipment from its turniture fixtures and filtings. A depreciation rate of 20 % was applied on each category on a reducing balance basis. e} Fund structure The priiicipal accounting policies are set out below. The accounting policies have been adopted consistently throughout the year. 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. Designated funds - these are funds earmarked by the trnstees out of unrestricted general funds for specific future purposes or projects. Restricted funds - these are funds that can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for Testricted purposes. Endowment funds - these are funds that represent assets which musl be held pernlanently by the charity. Income arising on the endowment fund can be used in accordance with the objects of the charity and is included in unrestricted income. Any capital gains or losses arising on the investment5 form part of the fund. Tnvestment Inanagement charges and legal advice relating to the fund are charged against the fund. fj VAT The charity is not Tegistered foT VA T and accoTdingly expenditure includes VA T were (Ippropriate. 2 Income resources Income comprises of donations, tithes and gift aid. 3 Employee information None of the trustees received any remuneration or reimbursement of expenses during the year. 4 Net in¢ome resources This ig stated after charging Addiliothl Value 2024 2023 Depreciation 5 Taxation The charity is exempt from corporation tax on its charity. 6 Tangible fixed a55ets Equipment Fixtures and fittings Total Cost: At l January 2024 Additions At 31 December 2024 59,632 1,550 61,182 59,632 1,550 61,182 Depreciation At l January 2024 Provision for vear At 31 Deeember 2024 12,236 12,236 12,236 12,236 NET BOOK VALUE 48,946 48,946 7 Creditors: amounts falling due within than one year 2024 2023 Other Creditors 1,200 1,200 8 Creditors: amounts falling due more than one year 2024 2023 Other Creditors 9,795 14,843 Addiliothl Value CELESTIAL CHRUCH OF CHRIST MIRACLE OF GOD PARISH- MANCHESTER INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 DECEMBER 2024 INCOME Voluntary Donations Gift aid 34,218.61 7,319.75 Total income 41,538.36 EXPENSES Rent 14,858.21 4,630.00 700.00 Evangelism Accounting Travel Equipment Loan Repayments Repairs Subsistence 547.91 1,550.00 5,048.18 1,006.89 128.00 Admin Cost 1,190.00 620.00 Insurance Utilities 3,852.84 1,200.00 Savings Total Expenses 35,332.03 Surplus 6,206.33 Addiliothl Value