CELEKERUBU INTERDENOMINATION EVANGELICAL MISSION WORLDWIDE CHARITY REGISTRATION NO: 1202429 4lJf s ANNUAL RETURN FOR YEAR END 31st December 2024.
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 account 14
Legal and administrative information Trustees Adeyinka Adeyemi - Chairperson Kehinde Mukala Adigun Rev. Sunday Olatubosun Adebola Address 58 Blandford Drive, Manchester, M40 OQF Independent Examiners Solomon Allistar IMAATI 54 Carriocca Business Park, Hellidon Close, Ardwick Manchester M124AH Bankers Cashplus Bank Charity Registration Number 1202429
Report of the Trustees for the Year Ended 31 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 Objectlves and Activitles The objects of the Celekerubu Interdenominational Evangelical Mission Worldwide is to advance the Christian faith in the world for the benefit of the public through the holding of prayer meetings, lectures, events, broadcasting, producing and distributing literature on the Christian faith, hence enlightening the general public about the Christian reliEion Financial Sources The church income comes mainly from Public voluntary donations.
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 England/Wales requires 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 polities and applied them tonsistentlv. 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 lunless It is inappropriate to presurne 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 accur3cy 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 Charitv 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 distlosure of information to independent examiner
Report of the Trustees for the Year Ended 31st December 2024 We, as the Trustees of the Charity who held office at the date of approval of these finaRual statements as set out on page Z each confirm, so far aswe are awaTe, thai.. There is no relevant information of which the CharWs Independent examinerare unaware: and we have taken all the steps that we oughttci have taken asTrustees in order to make ourselve5 aware of any relevant information and to establlsh thatthe charity's independent examiner is aware of that information. Independent Examiner. The Charitl5 independent examiner, Solomon Allistar IMAAT) ofSAA BUSINESS SUPPORT LTD has indicated their willingness to continue in office and offer themselves for appointment. This report wa5 approved by the Trustee5 and signed on their.behalf ty. Adeyinka Adeyemi On behalf of the Trustees Date: 1611012025 Scanned wlth Camscannef.. cs
st Independent Examinerfs Report for the Year Ended 31 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 notes. This report is made solely to the charity's Trustees, as a body, in accordance with Section 145 of the Charities Act 2011 and reEulations 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 Trustees and Examiner The charity's Trustees are responsible for the preparation of the financial statements, 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 procedure5 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. Basls of Independent Examlner'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 Examiner'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 accordance 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. SOLOMON ALLISTAR IMAATI Dated: 1611012025
5t Statement of financial activities for the year ended 31 December 2024. Unrestrleted Restrleted Total Funds Total funds Dec 2024 Dec 2024 Dee 2024 Dec 2023 Notes Incoming Resourees General offerlngs Gift Aid 12,000.00 12,000.00 15,700.00 Grants Total Intoming Resources 12,000.00 12,000.00 15,700.00 Resourtes expeThded Direet ¢h#ritable expenditure GoverThanee e05ts 10,899.00 10,899.00 12,638.80 Total re50llrees expended 10,899.00 10,899.00 3,061.20 Movement I total fund for the ye#r- Net income I (expendlture) for the year Net Galn (Losso on Investment I,ioi.00 I,ioi.00 3,061.20 Fund Bal blf I,101.IM 3,601.20 I,ioi.o 3,061.20 Fund Bal clf
Balance sheet as of December 31 2024. Dec 2024 Dec 2024 Dec 2024 Dee 2023 Notes FIXED ASSETS Tangible assets CURRENT ASSETS 12. 13 2075.20 2,575.20 2,720.00 Debtors 13 Cash at bank 1,000.1)O 1,000.00 210.110 CREDITORS amounts falling due within one year 13 50.00 50.00 50.00 NET CURRENT ASSETS 950.1)0 950.00 260.00 TOTAI, ASSF.TS I.ESS CURRENT LJABILITES 3.525.20 .1.525.20 2.880.OIJ NET ASSETS 3.525.20 3.525.20 2.880.00 CHARITY FUP4DS Unrestrleted funds 3,525.20 3,525.20 2,880.00 Restrieted funs TOTAL FUNDS 3,525.20 3,525.20 2,880.00
st Notes to the Financial Statement for the Year Ended 31 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 funds Incoming resources from generated funds represents donations towards weekly tithes, church building fund, thanksgiving, annual conference, travel and other contributions c) Incotning resources- Interest receivable Interest is credited in the year in which it is received. d) Rcsourccs cxpcndcd ExpLnditurL is rccognis¢d when a liability is incurred. Funding provided through contractual agre¢ments and p¢rlorn]anc¢ r¢lat¢d grants are r¢cogni%ed as s¢rvic¢8 ar¢ suppli¢d. Other grant payments ar¢ recognis¢d when a constructive obligation aris¢s that r¢sults in the payment being unavoidable. Costs of generating funds ar¢ thos¢ costs incurred in attracting voluntary income, and those incutyed in activities that raise funds. Grants payable are payments made to third parties in the furtherance of the charitable objectives of the Trust. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant is outside of the control of the Trust. Provisions for aTrtS are made when the intention to make a gryant has been communicated to the recipient but there is uncertainty about either the tirning of the grant or the amount of grant payable. Governance costs include those incurred in the governance of its assets and are primarily associated with constitIOnal and statutory requirements. Support costs include central fiCtionS and have been allocated to activity cost categories on a basis consistent with the use of resources. Depreciation Depreciation is calculated at rates estimated to write off the cost of all tangible fixed assets over their expected useful lives- Equipment, Fixtures and Fitting.. 200/0
During the year under review, the church decided to continue to separate its equipment froin its furniture fixtures and fittings. A depreciation rate of 20 % was applied on eaLh Lategory on a reducing balance basis. e) Fund structure The prinLipal accounting policies are set out below. The accounting policies have been adopted Lonsistently throughout the year. The funds held by the charity are either.. Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. De8ignated fund% - the8e are funds earmarked by the trn%tees out of unrestricted general funds tor specilic future purposes or projects. Restricted funds - these are tunds that can only be used tor restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes. Endowinent funds - these are funds that represent assets which must be held pern]anently 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 fid. D VAT The charity is not registered for VAT and accordingly expenditure includes VAT were appropriate. 2 Income resources Income comprises of voluntary donations 3 Employee information None of the trustees received any remuneration or reimbursement of expenses during the year. 4 Net income resources This is statLd aftcr charging Dec 2024 POST Depreciation 643.80 5 Taxation The charity is exempt from corporation tax on its charity.
6 Tangible fixed assets Equipment Fixtures and fittings Total Cost: At 1°, January 2024 Additions 2,720.00 499.00 2,720.00 499.00 At 31" December 2024 3,219.00 3,219.00 Depreciation At I" January 2024 Provision for year At 31" December 2024 643.80 643.80 643.80 643.80 NET BOOK VALUE 2,575.20 2,575.20 7 Debtors Dec 2024 Dec 2023 Prepayment and loans 8 Creditors: amounts falling due within one year Dee 2024 Dec 2023 Other Creditors 50.00 50.00
Income and Expense Statement INCOME Voluntary Donations 12,000.00 TOTAL INCOME 12,000.00 EXPENSES Hall hire 1,500.00 Printer 499.00 Clothing Travel 500.00 1,200.00 Grants 1,800.00 Miscellaneous 350.00 Admin Cost 600.00 Professional Fees 300.00 Subsistence Evangelism 550.00 3,600.00 Total Expenses 10,899.00 Surpllls I,ioi.00