Report and Financial Statements for the Year Ended 31 April 2025 P a g e | **1** 

## **CELESTIAL CHURCH OF CHRIST FOUNDERS PARISH 2** 

**Charity Number: 1194914** 

**Report and Financial Statements for the Year Ended 31 April 2025** 

CCC FOUNDERS PARISH 2 | Report and Financial Statements for the Year Ended 31 April 2025 



Report and Financial Statements for the Year Ended 31 April 2025 P a g e | **2** 

## Contents 

1. Legal and Administrative Information 

2. Report of the Trustees 

3. Statement of Financial Activities (including Income & Expenditure) 

4. Balance Sheet 

5. Notes to the Financial Statements 

CCC FOUNDERS PARISH 2 | Report and Financial Statements for the Year Ended 31 April 2025 



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## 1. Legal and Administrative Information 

**Charity Name:** Celestial Church of Christ FOUNDERS PARISH 2 **Charity Registration Number:** 1194914 

## **Registered Office:** 

118-119 Salop Street Wolverhampton WV3 0RX 

## **Trustees:** 

- Shepherd Oluwaseyi Solomon Olaleye 

- Victor Abayomi 

- Raymon Animashaun 

## **Independent Examiner:** 

Babatunde Ajetunmobi 132-134 Great Ancoates Street, Manchester, M4 6DE 

## **Bankers:** 

Metro Bank plc 44-46 Midsummer Arcade, Milton Keynes, MK9 3BB 

CCC FOUNDERS PARISH 2 | Report and Financial Statements for the Year Ended 31 April 2025 



Report and Financial Statements for the Year Ended 31 April 2025 P a g e | **4** 

## 2. Report of the Trustees 

## _Aims and Objectives_ 

The objectives of the charity remain: 

- Advancing the Christian faith 

- Relieving sickness and financial hardship 

- Promoting education and community well-being 

## _Main Activities_ 

- Weekly church services and mid-week fellowship 

- Special events (Harvest, Youth Meetings, Women and Men Ministries) 

- Financial and spiritual support for vulnerable members 

- Local Christian partnerships and community outreach 

## _Financial Overview_ 

- **Total income:** £17,800 

- **Total expenditure:** £16,570 

- **Net Surplus:** £1,230 

## _Reserves Policy_ 

The trustees aim to retain unrestricted reserves to cover 3-6 months of regular expenditure. 

## _Future Plans_ 

- Continued delivery of core church services and social outreach programs 

- Focus on digital evangelism and local youth empowerment 

CCC FOUNDERS PARISH 2 | Report and Financial Statements for the Year Ended 31 April 2025 



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## 3. Statement of Financial Activities (Year Ended 31 April 2025) 

|Income & Expenditure|£ Amount|
|---|---|
|**Income**||
|Tithes and Offerings|13,980|
|Harvest and Special Giving|3,820|
|**Total Income**|**17,800**|
|**Expenditure**||
|Rent|10,940|
|Heating & Utilities|1,390|
|Evangelism & Events|1,900|
|Printing, Postage & Office|750|
|Telephone & Broadband|320|
|Harvest / Foodbank Expenses|1,270|
|**Total Expenditure**|**16,570**|
|**Net Surplus for Year**|**1,230**|



CCC FOUNDERS PARISH 2 | Report and Financial Statements for the Year Ended 31 April 2025 



Report and Financial Statements for the Year Ended 31 April 2025 P a g e | **6** 

## 4. Balance Sheet as at 31 April 2025 

|Assets & Funds|£ Amount|
|---|---|
|**Fixed Assets**||
|Musical Instruments|960|
|**Current Assets**||
|Cash at Bank and In Hand|1,230|
|**Total Assets**|**2,190**|
|**Funds**||
|Restricted Funds|0|
|Unrestricted Funds|1,230|
|**Total Funds Carried Forward**|**1,230**|



CCC FOUNDERS PARISH 2 | Report and Financial Statements for the Year Ended 31 April 2025 



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## 5. Notes to the Financial Statements 

- The accounts are prepared under the Charities SORP (FRS102) and on a going concerning basis. 

- All income is unrestricted unless otherwise stated. 

- Donations are recognised when received. 

- Trustees receive no remuneration. 

## **Approval of Trustees** 

This report was approved by the Board on 30 January 2025. 


## **Signed:** 

Shepherd Oluwaseyi Solomon Olaleye Victor Abayomi Raymon Animashaun 

CCC FOUNDERS PARISH 2 | Report and Financial Statements for the Year Ended 31 April 2025