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