Charity Registration Number : 1190872
CELESTIAL CHURCH (NEW UNITY) MANGER OF JESUS CHRIST PARISH
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
CELESTIAL CHURCH (NEW UNITY) MANGER OF JESUS CHRIST PARISH
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
Trustees Charity Number Registered Office
OLUFEMI JULIUS ADEUYA YETUNDE SOTUNDE OLUWATOBI ROTIMI
1190872 2 MARKHOUSE AVENUE LONDON LONDON E17 8AZ
CELESTIAL CHURCH (NEW UNITY) MANGER OF JESUS CHRIST PARISH
CONTENTS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees' Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
CELESTIAL CHURCH (NEW UNITY) MANGER OF JESUS CHRIST PARISH
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The Trustees hereby present their report for the year ended 31 March 2025.
During the period under review, the Trustees provided oversight to ensure that the Parish was administered in line with its constitution, spiritual objectives, and established principles. Regular guidance was given to support effective governance and orderly church operations.
The Trustees monitored the Parish’s financial affairs and are satisfied that funds were applied prudently toward worship activities, church programs, welfare, and maintenance of church assets.
Church properties and assets were safeguarded, with necessary maintenance carried out to support a conducive worship environment.
Despite prevailing challenges, the Parish remained stable and continued its spiritual activities. The Trustees appreciate the commitment of the Shepherd-in-Charge, church leadership, workers, and members.
The Trustees remain committed to faithful stewardship and the continued growth of the Parish.
This report was approved by the trustees and signed on its behalf by:
OLUFEMI JULIUS ADEUYA Trustee
Date : 27 January 2026
Page 1 of 6
CELESTIAL CHURCH (NEW UNITY) MANGER OF JESUS CHRIST PARISH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Raising funds 3 Charitable activities 4 Other 6 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 10,962.35 10,962.35 10,200.00 7,330.00 220.00 17,750.00 (6,787.65) (6,787.65) 9,043.13 2,255.48 |
Total Funds 2025 £ 10,962.35 10,962.35 10,200.00 7,330.00 220.00 17,750.00 (6,787.65) (6,787.65) 9,043.13 2,255.48 |
Total Funds 2024 £ 19,238.31 |
|---|---|---|---|
| 19,238.31 | |||
| 10,200.00 6,558.83 294.00 |
|||
| 17,052.83 | |||
| 2,185.48 | |||
| 2,185.48 6,857.65 |
|||
| 9,043.13 |
Page 2 of 6
CELESTIAL CHURCH (NEW UNITY) MANGER OF JESUS CHRIST PARISH
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2025
| Recommended categories by activity Notes Fixed assets Tangible assets 7 Total fxed assets Current assets Cash at bank and in hand 8 Total current assets Creditors: amounts falling due within one year 9 Net current assets/(liabilities) Total net assets Funds of the Charity Unrestricted funds 10 Restricted funds 10 Endowment funds 10 Total funds |
Unrestricted funds £ 660.00 660.00 2,545.48 2,545.48 950.00 1,595.48 2,255.48 2,255.48 2,255.48 |
Total Funds 2025 £ 660.00 660.00 2,545.48 2,545.48 950.00 1,595.48 2,255.48 2,255.48 - - 2,255.48 |
Total Funds 2024 £ 880.00 880.00 9,063.13 9,063.13 900.00 8,163.13 |
|---|---|---|---|
| 9,043.13 | |||
| 9,043.13 - - |
|||
| 9,043.13 |
The financial statements were approved by the trustees on 27 January 2026 and signed on its behalf by:
OLUFEMI JULIUS ADEUYA Trustee
Date : 27 January 2026
Page 3 of 6
CELESTIAL CHURCH (NEW UNITY) MANGER OF JESUS CHRIST PARISH NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Donations and Legacies
| 2. Income from Donations and Legacies | ||
|---|---|---|
| Analysis Unrestricted funds £ Donation and gifts 10,962.35 Total 10,962.35 3. Expenditure on Raising Funds Analysis Unrestricted funds £ Rent collection, property repairs and maintenance charges 10,200.00 Total 10,200.00 Support Costs - 10,200.00 4. Expenditure on Charitable Activities Analysis Unrestricted funds £ Charity management & administration 6,380.00 Donations - Total 6,380.00 Support Costs 950.00 7,330.00 |
Total funds 2025 £ 10,962.35 10,962.35 Total funds 2025 £ 10,200.00 10,200.00 - 10,200.00 Total funds 2025 £ 6,380.00 - 6,380.00 950.00 7,330.00 |
Total funds 2024 £ 19,238.31 |
| 19,238.31 | ||
| Total funds 2024 £ 10,200.00 10,200.00 - |
||
| 10,200.00 | ||
| Total funds 2024 £ 3,400.00 2,858.83 6,258.83 300.00 |
||
| 6,558.83 |
Page 4 of 6
5. Support Costs
| 5. Support Costs | ||||
|---|---|---|---|---|
| Analysis Support Costs Governance Costs Accountants fees 6. Other Expenditure Analysis Unrestricted funds £ Depreciation Charge for the Year - Computer Equipment 220.00 Total 220.00 7. Tangible Fixed Assets 7.1 Cost or valuation At 01 April 2024 Additions Disposals Revaluations Transfers At 31 March 2025 7.2 Depreciation and impairments At 01 April 2024 Charge for the year Disposals Revaluations Transfers At 31 March 2025 7.3 Net book value At 01 April 2024 At 31 March 2025 8. Cash at bank and in hand Cash at bank and in hand Total |
Total funds 2025 £ 950.00 |
Total funds 2024 £ 300.00 |
||
| 950.00 | 300.00 | |||
| Total funds 2025 £ 220.00 220.00 Total funds 2025 £ 2,545.48 2,545.48 |
Total funds 2024 £ 294.00 |
|||
| 294.00 | ||||
| Computer Equipment £ 3,584.00 - - - - 3,584.00 2,704.00 220.00 - - - 2,924.00 880.00 660.00 Total funds 2024 £ 9,063.13 |
||||
| 9,063.13 |
Page 5 of 6
9. Creditors: Amounts falling due within one year
| 9. Creditors: Amounts falling due within one year | 9. Creditors: Amounts falling due within one year | 9. Creditors: Amounts falling due within one year | ||
|---|---|---|---|---|
| Total funds 2025 Total funds 2024 £ £ Other creditors 950.00 900.00 Total 950.00 900.00 10. Charity funds 10.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 9,043.13 10,962.35 17,750.00 - - 2,255.48 10.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 6,857.65 19,238.31 17,052.83 - - 9,043.13 |
Total funds 2024 £ 900.00 |
|||
| 900.00 | ||||
| 6,857.65 19,238.31 17,052.83 - |
- | 9,043.13 |
Page 6 of 6