CHRIST COMMUNITY CHURCH - LONDON CHARITY NO. 1179227
Annual Report
And
Financial Statements
Of
Christ Community Church - London (CCC)
From 01 Oct 2023 to 30 September 2024
Charity Number: 1179277
CHRIST COMMUNITY CHURCH - LONDON CHARITY NO. 1179227
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' report | 2-4 |
| Statement of financial activities | 5 |
| Balance sheet | 7 |
| Notes to the financial statements | 8-12 |
| Independent Examiner’s report | 13 |
Legal and administrative information
Registered Charity Number:1179277
Business Address: 81 Cornwall Square Kennings way London SE11 4JW Registered Office: 81 Cornwall Square Kennings way London SE11 4JW Board of Trustees: Tesfaye Assegedew Lemma Alemayehu Shiferaw Altaye Dr Ephrem Sahlu Chair Hermela Getahun Bankers: Lloyds Metro
1
Trustees Report
Year ended 30 September 2024
The Trustees present their first report and the financial statements for the year ended 30 September 2024. The report has been prepared in accordance with the requirement of the standard recommended practice.
Structure, governance and management
Governing Document
The organisation is Charitable Incorporation Organisation and its governing documents is CIO Foundation Constitution registered on 20 July 2018.
Appointment of Trustees
The Board has five members of Trustees of the Charity Trustees. The appointment of trustees is done in accordance with the governing documents. They receive no financial incentives except what is eligible for a Trustee. The Elders (A leadership team comprising a mixture of elected and appointed mature individuals referred to as the Core Leaders) manage the day to day administrative and spiritual activities of the Charity, supported by a team of volunteers.
Organisational Structure
The Board of Trustees consists of four people. They meet on a quarterly basis to monitor the working progress of the Church. The responsibility for running the church’s day to day administrative and spiritual activities and ensuring the provision of services rests on the Elders/Core Leaders of the Church. The Trustees are responsible for ensuring that the church delivers the services specified and that key performance indicators are met.
2
Trustees Report
Year ended 30 September 2024
Objectives and activities
Key objectives
The objectives of the charity are:
-
1) To advance the Christian faith for the benefit of the public in accordance with the Statements of Faith, particularly but not exclusively, through the provision of Christian education, prayer meetings and pastoral support.
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2) To relieve sickness and poverty and to promote general health and wellbeing through the provision of funds, goods or services of any kind, including counselling and practical advice and support;
-
3) To advance education of the general public in the area of Christian faith.
Achievement and Performance
Regular weekly meetings offering instruction and encouragement in the faith through systematic teaching and study of the Holy Scriptures have continued.
The Church’s flagship Sunday in-person meetings continued with the one Sunday a month remaining a local service. Three Sundays a month the service was held centrally in Kings cross while the remaining Sunday service is held in 4 locations across London closer to where people live – in their native environments. During this reporting year the number of locations of local services was reduced to 3 in an exercise optimising the human resource available.
Over the ensuing months that followed an East-Central-West axis of three local meetings seemed to naturally evolve. This newly developed axis has served as a forerunner of the regional missional communities the church desires to plant locally. This was also in line with CCC’s transition into 3 – 5 missional communities.
A review of the Church’s monthly rhythm was conducted in October 2024 and highlighted some key points to work on/develop.
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Opportunities for sharing life and supporting one another, for intentionally developing relationships and serving one another – sharing & learning from one another – were
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Calls were made for increased frequency of local meetings (West cell), for local leaderships to be set up (steering groups) and for vision to be recast on a regular basis and on wider scale as well as clarity in communication and improved forward planning.
-
The negative issue of time keeping as a culture was acknowledged and the need to intentionally address it raised.
-
A challenge to consider how to be more effective with the 'mission' value of CCC and begin impacting local communities in the here and now was accepted.
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Naturally, all missional communities will not be launched simultaneously but a staggered approach would be adopted allowing for each locality to develop and grow at its own pace and launch when and only if it fulfils the prescribed criteria.
The thrust of this year has been staying the chartered course consolidating monthly local services while remaining firmly anchored in the biblical narrative and in step with The Lord. In line with the vision of CCC, the Sunday service continued with the teaching series on Acts aimed at shaping the Church’s understanding of its nature as the church looks to transition into missional communities local to where people live. CCC’s vision was never to grow centrally but to multiply regionally – to be a worshipping missional micro-community to the wider local community that people inhabit.
Training and Equipping
The task of consolidating local monthly services involved increased training and equipping for all who would take on the responsibility of running them and subsequently the missional communities too. The accelerated program of equipping and training started in the previous reporting period continued strong into the current one.
This consisted of a total of three Equipping days for those actively serving and a Church Family retreat for the entire Church. One of the equipping days focused on the foundations of Christian ministry, the handling of scripture and how to remain faithful to it in all our serving responsibilities while another focused on what it means to be a “good steward” of God’s varied grace. The latter has led to the drawing up of a “Good Stewards’ Charter” seeking to set a biblical standard of service in Church. Subsequently, the Church is committed to induct/orient all those seeking to serve using this charter to which they would also be invited to sign up in principle. The wider leadership group comprising of church and leaders of teams, groups and specific ministries was consequently also renamed “Good Stewards” reflecting the desire to strive to be so. On the group’s Away Day in September 2024, the group was encouraged to reflect on their calling using Moses’ call and derive encouragement from the biblical narrative.
The monthly stewards’ meetings for those in active serving roles across the church continued to be a platform for connecting all those in service for encouragement, equipping and monitoring progress.
At the Church’s annual retreat in March 2024, the theme was God’s mission purpose for His Church. The invited guest on this occasion presented an overview of the Story of God’s mission in the Bible from Creation to New Creation. The theme generated considerable interest and significant amounts of discussion and debate helping the Church identify with its missional DNA. The triple objectives of encountering God and hearing Him afresh, connecting with others and getting to know them better and finally, being an encouragement and encouraged in the faith were fully achieved by the goodness and grace of God.
4
Pastoral care
The Church’s regular weekly worship, prayer and local gatherings have continued throughout this reporting period. The pastoral care of the congregation continues to be delegated to those in leadership roles of local cells. The cell and local core leader have been supported and encouraged in this task.
Individual pastoral outreach and meetings have also continued for those in need and struggling in the faith or staying connected with a view to encouraging them in the faith. The prayer ministry has also continued with Wednesday evenings dedicated to corporate prayer offered in person and online.
The Christianity Explored course for those who join the CCC family, those who desire to reinforce their foundations in the faith or those simply enquiring was delivered online twice this during reporting period – in April and September 2024.
The 8-week Discipleship Explored course for those who desired to grow in their relationship with The Lord was offered during the months of October through December 2024.
Three members of CCC underwent water baptism in March 2024.
May and June 2024 saw two couples in CCC tie the know.
This reporting period also saw several significant people take leave of CCC or go on a hiatus due to work commitments.
Inter-church relationships
The Forge network of churches’ regular quarterly leaders’ meeting and annual wider leadership and servants’ meeting continued during this year too. In particular, the annual Leaders retreat in January has proved very useful for developing relationships between leaders and encouragement in the ministry.
In 2024 CCC began to send individual ministers to RCL to minister to the youth on their annual conferences. CCC’s lead minister also participated in a Leaders’ Academy run by a network of Churches in Manchester and Derby in November 2023. Similarly, there have been opportunities to minister in other Churches with whom CCC has a close working relationship – in Ormskirk, Merseyside and in Overton, Basingstoke.
The connection with like-minded church and ministry leaders in North America under the auspices of Hope 4 second generation (H4SG) ministry based in San Francisco has continued with a second visit to the USA in May 2024.
Finally, during this period, conversation has commenced with Westbourne Grove Church (a Forge Church) about a possible merger with CCC west family when the pastor retires in September 2025. These conversations are ongoing.
5
Trustees Report
Year ended 30 September 2024
Financial Report
Total receipts on unrestricted funds during 12 months of reporting were £44,747 (2023 £67,737). £60,272 (2023 £47,505) was spent to provide the church services. The net result for the year was deficit of £15,525 (2023 excess of £20,232) on unrestricted funds. Adding the balance brought forward at the start of the year, the balance carried forward as at 30 September 2024 on unrestricted fund totalled £56,566.
Reserves Policy
It is Christ Community Church policy to maintain a balance on unrestricted funds, which equates to at least three months unrestricted payments equivalent to £12,000 to cover emergency situations that may arise from time to time. This policy reviewed by the Trustees on an annual basis as part of the charity's budgeting processes.
Volunteers
The Trustees Board would like to thank all the volunteers who worked so faithfully to make the church the vibrant community that it is.
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Annual accounts for the period ending 30 September 2024
Christ Community Church Statement of financial activities for the Year ended 30 Sep 2024
| Recommended categories by activity Notes Incoming resources (Note 3) Income and endowments from: Donations,tiths and love gifts Note 3 Charitable activities Gif Aid Other Interest Resources expended Expenditure on: Raising funds Charitable activities Note 4 Separate material item of expense Other Net gains/(losses) on investments Extraordinary items Other gains/(losses) Reconciliation of funds: Total funds brought forw ard Total funds carried forward Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Net movement in funds Total Total |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ |
|---|---|---|---|---|---|
| 41,355 | - | - | 41,355 | 46,136 | |
| - | - | - | - | - | |
| - | - | 20,829 | |||
| 2,656 | - | - | 2,656 | 772 | |
| 736 | 736 | - | |||
| 44,747 | - | - | 44,747 | 67,737 | |
| - | - | - | - | - | |
| 60,272 | - | - | 60,272 | 47,505 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 60,272 | - | - | 60,272 | 47,505 | |
| 15,525 - |
- | - | 15,525 - |
20,232 | |
| - | - | - | - | - | |
| 15,525 - |
- | - | 15,525 - |
20,232 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 15,525 - |
- | - | 15,525 - |
20,232 | |
| 72,091 | - | - | 72,091 | 51,859 | |
| 56,566 | - | - | 56,566 | 72,091 |
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Christ Community Church-London
Balance sheet as at 30 September 2024
----- Start of picture text -----
Restricted
Unrestricted income Endowment Total this
funds funds funds year Prior year
Notes £ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets - - - - -
Tangible assets Note 5 1,218 - - 1,218 1,387
Heritage assets - - - - -
Investments - - - - -
Total fixed assets 1,218 - - 1,218 1,387
Current assets
Stocks - - - - -
Debtors & Prepayment - - - - -
Investments - - - - -
Cash at bank and in hand Note 6 55,348 - - 55,348 70,704
Total current assets 55,348 - - 55,348 70,704
Creditors: amounts falling due
within one year Note 7 - - - - -
Net current assets/(liabilities) 55,348 - - 55,348 70,704
Total assets less current liabilities 56,566 - - 56,566 72,091
Creditors: amounts falling due
after one year - - - - -
Provisions for liabilities - - - - -
Total net assets or liabilities 56,566 - - 56,566 72,091
Funds of the Charity
Endowment funds - - -
Restricted income funds - - -
Unrestricted funds Note 8 56,566 - 56,566 72,091
Revaluation reserve -
Total funds 56,566 - - 56,566 72,091
----- End of picture text -----
The notes at pages 8 to 12 form part of these accounts.
Approved by the trustees on 28 June 2025 and signed on their behalf by:
Dr Ephrem Sahlu ……………… ………………………………………………………………..
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Notes to the Accounts
(a) Basis of preparation
1. Accounting Policies
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
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with Charities Act 2011
1.1 Going concern
Based on the projection of the charity performance, the board of trustees is of the opinion that Rehoboth Church London has adequate resources to continue in operational existence for the foreseeable future.
1.2 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period.
1.3 Material prior year errors
No material prior year error has been identified in the reporting period (3.47 FRS 102 SORP).
2. INCOME
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Donations, are recognised when the Trust has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
The charity hasn’t yet received any legacy. However, if there is a Legacy gift, it will be recognised on a case-by-case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.
9
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
3. Analysis of income
| Donations,church offerings,tiths and love gifts for the period Gift Aid Legacies General grants provided by government/other charities Membership subscriptions and sponsorships which are in substance donations Donatedgoods,facilities and services Other(Members offering) Total TOTAL INCOME Analysis Donations and legacies: |
Donations,church offerings,tiths and love gifts for the period Gift Aid Legacies General grants provided by government/other charities Membership subscriptions and sponsorships which are in substance donations Donatedgoods,facilities and services Other(Members offering) Total TOTAL INCOME Analysis Donations and legacies: |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 £ £ 41,355- -41,355 46,136 - - - -20,829 - - - - - - - - - - - - - - - - - - - 2,656 - - 2,656 772 44,011 - - 44,011 67,737 44,011- -44,011 67,737 |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 £ £ 41,355- -41,355 46,136 - - - -20,829 - - - - - - - - - - - - - - - - - - - 2,656 - - 2,656 772 44,011 - - 44,011 67,737 44,011- -44,011 67,737 |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 £ £ 41,355- -41,355 46,136 - - - -20,829 - - - - - - - - - - - - - - - - - - - 2,656 - - 2,656 772 44,011 - - 44,011 67,737 44,011- -44,011 67,737 |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 £ £ 41,355- -41,355 46,136 - - - -20,829 - - - - - - - - - - - - - - - - - - - 2,656 - - 2,656 772 44,011 - - 44,011 67,737 44,011- -44,011 67,737 |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 £ £ 41,355- -41,355 46,136 - - - -20,829 - - - - - - - - - - - - - - - - - - - 2,656 - - 2,656 772 44,011 - - 44,011 67,737 44,011- -44,011 67,737 |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 £ £ 41,355- -41,355 46,136 - - - -20,829 - - - - - - - - - - - - - - - - - - - 2,656 - - 2,656 772 44,011 - - 44,011 67,737 44,011- -44,011 67,737 |
|---|---|---|---|---|---|---|---|
| Analysis of Expenditures | |||||||
| Analysis | Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds £ |
Prior year 2023 £ |
||
| Expenditure on charitable activities Expenditure on raising funds: |
Incurred seeking donations | - | - | - | - | - | |
| Incurred seeking legacies | - | - | - | - | - | ||
| Total expenditure on raising funds | - | - | - | - | - | ||
| Hall Rent for prayer gatherings | 21,189 | - | - | 21,189 | 11,360 | ||
| General expenses | 3,984 | - | - | 3,984 | 232 | ||
| Charitable Funding | 3,529 | - | - | 3,529 | 1,480 | ||
| Refreshment and other expenses | 5,501 | - | - | 5,501 | 3,889 | ||
| Transport | 3,964 | - | - | 3,964 | 4,367 | ||
| Insurance | 547 | - | - | 547 | 384 | ||
| Training costs | 8,328 | 8,328 | 3,994 | ||||
| Internet, zoom and other expenses | 2,480 | - | - | 2,480 | 3,343 | ||
| Communitybuilding& Empowerment | 14,536 | - | - | 14,536 | 8,453 | ||
| Misc | - | - | 5,889 | ||||
| Total expenditure on charitable activities | 64,057 | - | - | 64,057 | 43,389 | ||
| TOTAL EXPENDITURE | 64,057 | - | - | 64,057 | 43,389 |
4. Analysis of Expenditures
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5. Tangible fixed asset
| Freehold land & buildings |
Choir Gown |
Plant, office equipment |
Music equipment |
Total | |||
|---|---|---|---|---|---|---|---|
| At the beginning of the year |
- | - | 675 | 2,937 | 3,612 | ||
| Additions | - | - | 236 | - | 236 | ||
| Revaluations | - | - | - | - | - | ||
| Disposals | - | - | - | - | - | ||
| Transfers | - | - | - | - | - | ||
| At end of the year | - | - | 911 | 2,937 | 3,848 |
5.2 Depreciation and impairments
| Basis | Basis | RB | RB | RB | RB | RB | Reducing Balance ("RB") |
|---|---|---|---|---|---|---|---|
| Rate 25% | |||||||
| At beginning of the year |
- | - | 169 | 2,056 | 2,224 | ||
| Disposals | - | - | - | - | - | ||
| Depreciation | - | - | 186 | 220 | 406 | ||
| Impairment | - | - | - | - | - | ||
| Transfers | - | - | - | - | - | ||
| At end of the year | - | - | 354 | 2,276 | 2,630 |
5.3 Net book value
| Net book value at the beginning of the year |
- | - | 506 | 881 | 1,388 | ||
|---|---|---|---|---|---|---|---|
| Net book value at the end of the year |
- | - | 557 | 661 | 1,218 |
6. Cash at bank and in hand
| 2024 £ |
2023 £ |
|
|---|---|---|
| Short term cash investments(less than 3 months maturity date) | - | - |
| Bank Current Account_metro | 16,159 | 70,704 |
| Bank Deposit Account-Lloyeds | 347 | 161 |
| Lloyds deposit A/c | 28,736 | |
| New deposit intransit | 10,106 | |
| Other | - | - |
| Total | 55,348 | 70,865 |
11
NOTE 7. CHARITY FUND
----- Start of picture text -----
Fund Fund
balances balances
Type PE, EE Purpose and brought Gains and carried
R or UR * Restrictions
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Unristricted Fund UR 72,091 44,747 60,272 - - 56,566
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 72,091 44,747 60,272 - - 56,566
----- End of picture text -----
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Independent examiner’s report to the trustees on the unaudited financial statement.
I report on the account of Christ Community Church London for the year ended 30 September 2024 set out on pages 5 to 11.
Respective responsibilities of trustees and independent examiner
The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed. 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 statement
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
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that in any material respect the requirements: · to keep proper accounting records in accordance with section 386 of the Company Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the company Act 2006 and with methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
… …… SolgSelassie
Independent examiner
Solomon Gebreselassie
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