CELESTIAL CHURCH OF CHRIST ROCK OF GOD PARISH ANNUAL RETURN FOR YEAR END 31ST of December 2024. GHURCH GWRISTAINIS o OLO O
CELESTIAL CHURCH OF CHRIST ROCK 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 statements 11-13 Income and expenditure statement 14
CELESTIAL CHURCH OF CHRIST ROCK OF GOD PARISH Legal and admlnlstratlve Informatlon Trustees Mr John Ayokoh Mrs Sharon Atanda Chairy)erson. Mr Olabode Awobona Address 29 Honey Street, Manchester, M8 8RG CHARrrY REGISTRATION NUMBER: 1181763 Independent Examiners Solomon Allistar IMAATI 54 Carriocca Business Park, Hellidon Close, Ardwick, Manchester, M124AH Bankers BACLAYS BANK
CELESTIAL CHURCH OF CHRIST ROCK 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- Rock of God Parish are to propagate the name of Our Lord Jesus Christ. 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 asslsting members and non-members in housing and financial needs, the provision of regular 'Health Check, for all to attend and discuss them 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 activitie5 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, healings, 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 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. Evangelism The church held evangelism programs that attracted new members into the fold. Musical Instruments The church acquired 3 mixers and 2 speakers that enable us to attract more membership into the fold Statement of Trustees, responsibilities The Board of Trustees 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 Eng13nd/Wales require5 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 prudent, Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements- and Prepared the financial statements on a going concern basis lunle5S 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 examiner
CELESTIAL CHURCH OF CHRIST ROCK OF GOD PARISH fteport of the Tntee$ for the Year Ended 31st December 2024 We. a5 the Tnjstees of the Charlty vthts held office at the date of•pp¥oval ofthew fln•n¢lg1 statements •ssetout p4e 2 eathconftmi, 50 far aswe aye aware. that.. ThtrÈ is no reltvant Informatlvn of whlchthe ChaTSty's indeppndent examiner are urtaware" and we have t•ken allthe stèp5 thatweou8htto hataken as Tru5tee5 In orderts make oijrselves aware of any relevant InfOrntiOn ar to establi$h that the thalty% Independent eXam1r is aware of that Information. Independènt Ex•m5ner. The Charrty's indeppndent ex7miner. Solornon Allistar IMAAT) of W 811S1NESS SUPPORT LTD ha5 indicated their willinsnessto continue in Offi offerthernseltresfrorappointment. Thi5 report wa5 approved bythe Tn on and stgned onthEir behalfbv: MrJohnAyokoh
CELESTIAL CHURCH OF CHRIST ROCK OF GOD PARISH Independent Examiner's 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 note5. This report Is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been 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. Respective Responsibilities of Twstees and Examiner The charity's Trustees are responsible for the preparation of the financial statement5, and they consider that an audit is not required for this year under section 144121 of the Charities Art 2011 Ithe Act) and that an independent examination is needed. It is my responsibility to- Examine the accounts (under 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'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 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 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 Examlner's statement 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 actordance 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.. 27/01/2025
CELESTIAL CHURCH OF CHRIST ROCK OF GOD PARISH Statement of financial activities for the year ended 31st December 2024. Unrestricted Restricted Total Elld5 Total FlldS 2024 2024 2024 2023 Notes Ineoming Resourees General offerings Gift Aid 29,633.57 6,778.50 3,0110.00 32,633.57 6,778.50 28,399.37 7,466.50 Grants li Total IThcoming Resources 3fj412.07 3,0110.00 39,412.07 35,865.87 Resource5 expended Direct charitable expenditsre GoverThance costs 33,181.51 300.00 3,000.00 36,181.51 31MI.00 33,280.85 300.00 Total resources expended 33,481.51 3,0110.00 36,481.51 33,580.85 Movement total fund for the v¥ar- Net income I (expenditure) for the year Net Gain {LossO on Investment 2.930.56 2,285.02 Fund Bal blf 2,285.02 2,930.56 Fund Bal clf 2,211S.02
CELESTIAL CHURCH OF CHRIST ROCK OF GOD PARISH Balance sheet as of 31st December 2024. 2024 2024 2023 2023 Notes FIXED ASSETS Tangible assets CURRENT ASSETS 12 14,072.40 15,752.22 Debtors 13 120O.IMI Cash at bankl iTh hand 2,930.56 171S.36 CREDITORS amounts falling due M'ithin one year 13 31KI.00 31NI.00 NET CURRENT ASSETS 2,630.56 2,615.36 TOTAL ASSETS LESS CURRENT LIABILITES 11,141.84 18.167.58 NET ASSETS 11,141.84 18J67.58 CHARITY FUP4DS Unrestricted funds 8,141.84 3,OIH).00 16.867.58 i Joo.00 Restrleted funs TOTAL FUNDS 11,141.84 18J67.58
CELESTIAL CHURCH OF CHRIST ROCK 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 Charities issued in March 2005 and the Financial Reporting Standard for Smaller Entities (effective April 2008). b) Incoming resources from generated tunds Incoming resources from generated funds represents donations towards weekly tithes, church building fund, thanksgiving, annual conference, travel and other contributions c) Incoming resources- Interest receivable Interest IS Credited in the year in which it is received. d) Resources expended Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as services are supplied. Other grant payments are recognised when a constrnctive obligation arises that results in the payment being unavoidable. Costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in activities that raise funds. Grants payable are paynents made to third parties in the furtherance of the charitable objectives of the TnLSt. Single or multi-year grants are accounted for when either the r¢cipi¢nt has a reasonable expeLtation that they will receive a grant and thc trustees have agr¢cd to pay th¢ grant without condition, or the recipient ha% a r¢asonable cxpcctation that thcy will receive a grnnt and any condition att&ehing to the grant is outside of the control of the Trust. Provi8ion8 for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the tiining of the grant or the amount of grant payable. Governance costs include those incurred in the governance ot its assets and are primarily associated with constitutional and statutory requirements. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
Depreciation Depreciation is calculated at rntes estimated to write off the cost of all tangible fixed assets over their expected useful lives.. Equiprnent, Fixthres and Fitting.. 20 % During the year under review, the church decided to continue to separate its equipment from its rnItUre fixtures and fittings. A depreciation rate of 20 % was applied on each category on a reducing balance basis. ¢) Fund structur¢ Th¢ principal accounting policies ar¢ set out below. The accounting policies hav¢ b¢¢n adopted consistently throughout th¢ year. Th¢ funds held by th¢ charity are ¢ither'. Unrestricted general fllnd.8 - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. Designated funds - these are tunds earinarked by the trnstees out ot'unrestricted general tllnds for specitic future purposes or projects. Restricted funds - these are fLmds 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 restricted purposes. Endowment funds - these are funds that represent assets which must be held pennanently 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 investments forn] part of the fund. Investment management charges and legal advice relating to the fund are charged against the fiu]d. 0 VAT The charity is not registered for VAT and accordingly expenditure includes VAT were appropriate. 2 Income resources Income comprises of donations and tithes 3 Emplovee information None of the trustees received any remuneration OT reimbursement of expenses during the year.
4 INet income resources This is stated after charging 2024 2023 POST Depreciation 3 260.50 3 938.05 5 Taxation The charity is exeinpt trom corporation tax on its charity. 6 Tangible fixed assets Equipment Fixtures and fittings Total Cost: At l January 2024 Additions At 31 December 2024 15,752.22 1,8.18.28 17,590.50 15,752.22 J,838.28 17,590.50 Depreciation At l January 2024 Provision for year At 31 December 2024 3,518.10 3,518.10 3,518.10 3,518.10 NET BOOK VALUE 14,072.40 14,072.40 7 Debtors 2024 2023 Prepayment and loans 1,200.00 8 Creditors: amounts falling due Mrythin one year 2024 2023 Other Creditors 300.00 300.00
CELESTIAL CHURCH OF CHRIST ROCK OF GOD PARISH INCOME AND EXPENDITURE STATEMENT FOR YEAR ENDED 31 DECEMBER 2024 IINCOME Voluntary Donation5 Gift aid 32,633.57 6,778.50 Total income 39,412.07 EXPENSES Fuel 1,046.42 5,905.04 533.99 Church Welfare Travel Misc Expenses Utility Rent Charity Equipment ETrangelism Musical Instrument Fitting and fixtures Professional fee Accounting Volunteer5 Expenses Repairy and Maintenance Harvest Decor Admin Salary 335.50 1,265.65 5,000.00 3,400.65 375.75 2,670.42 1,288.00 174.53 2,789.05 200.00 616.34 409.00 3,836.38 618.37 729.72 5,286.70 Total Expenses 36,481.51 Surplus 2,930.56