2024-12-31-accounts

Registered Charity Yo- 283707 Celestial Church of Christ North London Parish Trustees Report and Accounts for the Year Ended 31 December 2024

coNTE￿Ts P.4GE Legal and AdministratiN'e Details Tnistees, Rewrt Independent ExamineTS' Report Stateinent of Financial AcliN'ities Balance Sheet Notes to the AccoLinls

REFERENCE AND.4DfvIINISTIL4TITrE DET.41LS OF THE CH.4RITI', ITS TRLSTEES .41*D.4DI'ISERS FOR THE I'E..IR ENDED 31 DECEIIBER 2024 Trustees l Bode Ishola G¢org¢ (Chair 2. &"o￿lna k.rrano Dai id OsTrunkn!"c 4. Olubunmi Ogunkni"¢ -4gn¥S Tinubu 6. N'iciona Ak¥k¥ 7 .%liCh￿"1 Nlagb4FL.lola 8. Andr¥ii Francis 9. RL'ulK"n Azama Charilv registered Yumber 283707 D&lt of ¢hiritable registration 2U" Noi'LmiYr 14181 Princip41 offite 111 Juliu$ Ni'¥rcrc Clo LONDON NI UJT SecrelAr)' Dai"id Ogunb)i"e Independent exmminers Accounting Assist - CIO Good to Gii'c Ltd Bankers HSBC Bank Kin8dom Bank

TRIISTE&S' REPORT FOR THE YE.4R EIDED JI DECENIBER 2024 The P￿￿rd of Twst¢¢s. iiho arc th¢ twst¢cs for chanti laii PUT￿)￿s. submit dL'ir annual r¢pon and thc financi￿ siat¢m¢nis of C¥liStial Church of Chrisi North London Parish for thL Icar LndLMI 31, DLCLmk.r ?11?4. Tr. Board orTn￿l￿S confim]s th￿ thc annual [L￿rt and financia] statLn)Lnts of ih¢ Chariti compli" iiith CiLrrLni statulOTh rtNuir¥ffl¥nls. tIK- riNuifimLnts of IIK. Chanti's goiLming docum¥nt and tliL proiisions of th¥ Stai¥m¥ni of R¢comm¢ndcd Practscc ISORPI'Accounting and Rip)rting b%. CharitlLS Ir¥i1￿d 2(Kbil'. Siruflure, govervance and mana%emenl The 9 Trustees are: lshola (Chair) G￿￿>￿illa k'rrano Dai id O¥unixTri c OlubuDJnl O¥unkni'e AgiiLS Tiiiubu I'ictoria AkLk¢ IichaLI NlabbbagiL.lola .4ndMI Francis RcutrKn ALwna Th¥ Trus1￿.$ plai. a priman. rol¢ in cn5urin8 gcKd goiemancc and funuionin8 of thc founiLition. The Board's rolL. functions and r¢spx)nsibiliti¢$ arc quitc clLarli' dcfincd. Th¥ Chariti Currentli" has a dull￿t¥d iLxn of Ad￿.1$0￿. board m¢mkr5 in ihc UK ii'ho hai'c hel￿d to sccur¢ financial support contribute to th¢ futur¢ plannin8 of th¢ oryani&iiion. Chri$tlAn Loyrtsellingl Advice and Information In propagating thL name of Our Lord J¢sus ChrisL th¢ panth ¢n8a8cd in ¢van8clism. prai'er scssion$. spirirual counsLlling. Ji'ic¢ and irtforn)atioD io th¢ public dunng rL'8ular iicckli seTr'ic¢s. Th¢s¢ ¥xtcnd to assistin8 mem￿.r$ and non-mcmlK'rs in housin8 a￿d financi￿ nccd& thc proi'ision of r¥'gular'H¢alih Ch¥¢k' for all to attLnd and discuss their h¢aith probl¥ms and ILii"c m¢dIC￿ chcck-up iiith i'oluntCLr Doc(ors and Nurs¢s. This forum has l'en hclpfijl in dictaiing earji s%mpton)$ of sicknLsscs and Illnesses and rL.ferriny th¢ afft¢l¢d io hospitals fortrcatment and cure. Financial as51Stance (or fhY4ritable objects Th¢ pansh donatcd gcncrousli. to mani" indi% iduals in ￿ed. such as dcsiitulc. thc di5ablcd and the sick in our sociLli. W¢ ￿$0 ￿nd¢r¢d financial supp)rt to I"arious organiwion$ in SYPPK>rt of tlir oii'n humanitarian and charirable aciii ities Public Benefit: Thc Tru5tc¥s halc complicd ii'ith thc duti. in kntson 4 of thc Chariti¢s A¢t 2(K)6 and hai'¢ paid duc r¢gattl to public kn¥fit iilKn prcparing this re￿)rt. The benLfiE proiided io thL public 15 ¢on5L5tcnt iih ihc aims of thc charitt. in UK. Charitable activitie5 Other charitsble a¢ts%"its¢s in¢lu(k sprEading th¢ Word of G(MJ among ail nations and announcing the 8{￿ nLii s of the Kingdom of God to pwr in spirii. This ilas don¢ through our Spiritual w0￿h1P5 iihi¢h a￿ o￿n io the public. h¢aiinss and ciang¢lism ii.hich arc Conduct￿ to

TRIISTEES. REPURT FOR THE I'E.4R ENDED 31 DECEMBER 2024 stimulatc spiritual aiiarL'ness among ihc ￿0p1¢. rninar5 and 51'mwsia iihich atc organisL'd for oplc to knoii arvj undlrsrand more aFM)ul th¥ I￿ord of GLThJ Financial Sources 7h¥ church incoiML comLS mainli from Ihc iiC¥kli' lithis and church building fitnds. othcr church coiiinbuiions such as thanksgii Ing. annual conf¥f¥nc¥'. traiLI and music funds. The Building Repair Project Durinb) tIIL i¥ar und￿￿ ￿. chvrch continu¢d th¢ iiork on thc rcpair and maint¢nan¢c of th¥ cliurch buildinb. Siilement of Board of Trusttes, responstbililies 7hL Board of Tnist¥Ls arl rLsFK)nsibl¥ for prL'parin¥ thc .4nnuai R¢pJrt and the financial stat¢ni¢nc$ in accordanc¥ i%iih applicabl. laii and UniLid Kin¥d(Mn G¥n¥1￿11 .4¢¢Lp1￿ Accouiiling PractlCL. Charits laii applicablc io ¢haTities in Englandlwaics requi￿S thc Board of Truslcc5 lo prcparc financial srai¥m¥nis for ¢ach financial i'car iihich gi%LS a In￿. and fair i'i¢ii" of th¥ slatc of affairs of IhL Charit% and oftlil surplus or d¥fi¢it of thc Chariti. for that ￿riC￿. In prepanng thos¢ finartciai sraiLm¥nts th¥ Board of TrustLLS haiL.' S¥lLCl¥d suiiabl¥ accounting policiLS and applicd th¢m ¢onsi￿¢n￿l'. Mad¥ JLLdgm¥n15 and ¥51imatLs ilhii ar¥. rL'asonablL and pA￿Lni. StatL.d i%heihLr applicabl¥ a¢¢ouniin8 Sthndards hai'c k.cn fttrlloii'cd. subjcci to an! M￿lA41 dLParturL'S disclo$6'd and ¢.xplain¢d in thc financial $ta￿mLnts. and PN'parcd th¥ financial statLmLnts on a going ¢onc¥m basis (unl¢ss il is inappropriatc to prcsumL that thL Chanti 14 ill continue in 0￿￿10n) ThL Board ofTnJ$t¢c$ ha5 o&crn]I rcsponsibiliti. for ensuring that ￿. Charits. has an appropriat¢ si'stLm of controls. finaJI¢￿ aJ)d (rth¢n%ix". arc also rcsp)nsiblL for keeping prO￿r a¢¢ouniing r¢¢ords iihich discloK' i¥ith reasonablL xcuraJ ai ani" lim¢ lh¢ financial pN)sitson of ihc Chanh" aThJ cnablL thLm to Lnsiire thai thL finan¢ial ￿￿¢m¢nts compli i1.ith the CharitlLS Act IY93. ThL% a￿. also rcsponsiblL for safLguarding thL ￿Sl.[S of th¥ Chariti and hcncc for tsk'ing ruS0￿bIL StLPS for th¥ dffl¢cuoii and prcv¢ntion of fla￿] and othcr irr¢sulariii¢s. Thl Board of Tntsl¢¢s is ￿SpOnsibl( for the maintenance and integrih" of ¢OryKJrak and financial Inforniaiion. LL'gislation in the UnitLd king(kpm soicrning thc prcparation and dissemination of financial statLmLnts mai diffLr fm legislion in oth¢r jurisdi¢uons. Staicmcnt of disc105urc of infomiation to In&&￿dent eL￿n]n¢T II'L. as the TrustL'es of the Charit¥ iiho h¥ld otTi¢¢ at th¥ datc of approi'al of thcsc financial ststements as s¢r out tsn pa8L 2 cach confinn. so far as ilc are aii"arc. that.. The￿ is no rele￿an1 inforn)&ion of iihi¢h Chwiti 5 indep￿ndent ewniner are unaiiar¢' andi1Lh￿e ken all the steps that Me ought to hai¢ tak¢n as Tru5fcc5 in onjcr to makc ouryAlI'es aii.are of ani. rclc¥ant Infomiatton and to establish that the charih"'s Inde￿nd¢nt ¢iamin¢r is aii"ar¢ of that infomiation.

TRIISTEES. REPORT FUR THE I'E.4R EP4DED 31 DECEMBER 2024 Independent Examiner: Th¥ Chariti s IndC￿ndlnt L￿Minur. .4c¢ouniing.4ssl￿ - Clo G(xxl to Giic IAd. has indicatrd their ii'illingn¥'ss to offcr ih¢ms¢li'¢s for appointmLnt. This rcpon lias appro1'L￿ h the Trust¢¢5 on and si8llid on th¥'ir ￿l￿71r h": Sign: Name: . Date: Tr.oC.

INDEPENDENT Ell￿][NER.5 REpaRT FOR THE YE.4R ETr4DED31 DELENIBER 2024 INDEPETriDENT E.[4￿1[￿ER'5 REPORT TU THE TRLISTEES OF CELESTIAL CHU'RCH OF CHRIST NORTH LONtK)N P.4RISH l N'port on th. financial statiTll¥nts of thi chants for thL I&ir ¥nd¥'d 31 [k.¢¥m￿l 211?4 iihich comprisL" th¥ SthtL'mLni of Finan¢ial Actsi"Ili¥S and B￿anc¢ sh￿'t iiith &8sociatL not¥S. This rLPOrt is madL solili io th¥ chariti s TrustCLS. as a b(￿1. in accordJn¢¥' li ith section 14) of tl)e ChariliLS .4ct ?() I l and n5￿￿Ula1io￿S madi undir K'cti<)n l i4 of ikni Aci. Ill iiork. ￿'Ln und¢rtsken so that I mighi stati to th¥ Chanii's Tru51¥xs thosL mattlrs l am r¥'quJra io siat¥" to thcni In all 1ndL￿lId￿nl ¥wnin¥ls rL WTrrt and for no oihtyi purposk. To ￿. fulliSI INteni ￿miitt¢d bi laii.. I do noi acc¥pt or assiimi fL'sponsJbilili lo anion¥ other than ¢han'ti and thc chan.ti s TrustLx's as a bodi. for mi ¢.￿lMinali0n iiork. RESPECTIVE RESPOYSIBILITIES OF TRUSTELS AND LXAIIINER chariN s TrustLLS arL' reswbnsiblL for th¢ prcparation of thL financial sraiLni¥nls. and thL considLr that an audit is nor r¢quirL'd for thi5 Icar un&r section 14421 of lh¢ Chariii¥$ A¢1 2011 Ithc Act) and that an ind¥￿nd￿nI ¥Namtnation is llc¥￿Cd. It 15 mi rcsFonsibiliti' to.. E￿Minti th¥ a¢¢ounts (under k¢iion 14) of the Chan"ties Act). To folloii thc pro¢￿ur¥S laid doiin In thL Gin¥ral DIK'ciions gii'cn h thk ChtsriN' CommissioncTh lund¥r ￿"ctIOn 14ilillb) of ihL Chariii¥S Acil. and To ￿￿t¥ li k.th¥r particular mart¢'TS hai ¥ comi io mi. attLniion. Basi5 of Inikpendent Examiner's report M! Lumination lias carri¢d oui in a¢cordan¢c iiith thL GcnLrni th"rLYtions gi¥en bi th¥ ChariTh' ComrnissionL ￿. An Lxamination inc1￿jeS a r¢tri¢ii of thL accounting rccords kcpt bi. Ihe Groiiplchanti and a compartson of th¥ ¥¢ounts prcs¢nt¢d ii'iih thox rccords. It also Inclu¢ considLraiion of ani Unusu￿ il¥ms or dis¢losurcs in thc xcounts and sceking explan￿10￿$ from i'ou as trustLLS conc¥mins ani such mallcJ5. Thc pnK¥durL'S und¥rtakLn do noi proi"id¥' JI th¢ ci'id¢n¢L that i%ould bL' rl'quirL￿ in an audil. and ¢Ons￿u¢nt1l. tK) opinion is gii.en &s to iik.thLr lh¢ x¢ounts prescnt a 'lru¢ and fair and th¢ r¢￿rt is limited to those matters set ¢)ut in th¢ stst¢meni bcloH'. Independeni Exgminer's s1teme￿I In ¢onni¢tion ii.ith mi ¢￿￿E11AtiOn. no mallcr has come to rni. attention.. I l i%"hich gitres ML rknwnablL cause io ￿[1¢%¢ tlllt in ani rnat¢riai thc rcquircmcnls.. ro ke¢p accounting fccL)rds in &cordancc iiith section 130 of thL Act: and to ptL'pare financial stemcnts li hich accord i1.ith th¢ a¢wunting ￿cordS and compl!. li ith thL accounnng requirements of th¢ A hafv¢ nol ￿¢n m¥t' or 21 to ii"hich. in mi" Opinio￿ att¢niion should b¢ draiim in 0￿¢rt0 cnablc a pryr undcrstanding of th£ financial statcnlcnts to k T&*hcd. Signed: Dated: 1910612025 Anum Ha%$4n. FCCA On b￿h￿f of Accounting Assist Ltd

ST.4TEIllEN'T OF FINI .4NCI.4L .4cfiNITIES 1lncorpoT￿lng InLomi and iNtknditurk accounll FUR THE I'E.4R ENDED 31 DECEMBER 2024 Unrtitrkttd RtstrKted Tiitol 2024 2U24 2024 123 ut ￿4￿¢1&[ un¢Till8 4y.48ty 44).4L• 411.2 12,562 (hh¢r InLc¥ne Tot41 Ineomlni rewurces RLuuf¢rx tsptnded DIMI Lhariluble exrrtnJiiur¢ 6i.IX)7 0).￿7 ¥4.ty(19 4.01)) 4.(41(1 Tu¢41 Reii)urces exptndd 69,11)2 69.Ilb2 MIii"LYllL￿I Ln li)ltyl lynd r()r th¢ I'kJr- NLI In¥(Th¢ I jLirLnJiiuf¥'l Fi?r lh¢ )'ear -3.7S7 4247 Fund boltsn￿ bn)ughi lurn"#nJ 38089 46J36 Pri()r Yellr Ad1￿11M¢nI rund bolontt fmiard 34J32 31J32 38J189

B.4L.4P*CE SHEET .45 AT 31 DECE_IIBER 2024 2024 2024 21123 21123 FIXED ASSETS Notes CLRRENT ASSETS Ikbiors 9J76 Cayh ul ba 4.127 39,1&1 CREDITORS.. all￿￿•15 fi111Tr8 ur thiihjn onc %'c4r 111.171 6AJ6 NET CURREf4T ASSETS 34J32 38.1189 NET ASSETS 34J32 38.1 CIIARITY F￿NDs 34J32 R¢yiriLted burdj TOTAL FUNDS 34J32 The finan¢1￿ sthi¢m¢nis lit￿ approv¢d bi. thc Trnsttts on and signed (￿ thcii kha]f. bi.: Sign". rtrii2. Jfwi ' D¥te: The notes on pages 9 to I I forni part of these financial SL¥¢m¢nts

NOTES TO THE FIN.4.YCI.4L sT.1TE￿IE￿T FOR THE YE.4R E.NDED31 DECEIIIBER 2024 1. .4CCOLINTING POLICIES Basis of preparation orriTrao£ial stalements Th¥ financial ststL"mknts haiL IKx"n prL"par￿ under hisioricai cost conicntion. iiith th¢ Lxcipiion of Ini¥$im¥nis iihich arL iiicludid ￿ markLI %￿uL. tsnd in a¢cordw)C¥ li Itll ihc Financial R¥PK>rtJns Siandatd foi Sma]lir Eniiii¢S l¥(f¥Clii¥ Apnl ?11081. ThL financial starLmLnis hai4 LKLn prLwLxI ii) accordanc¢ li ith thi StaL"mint of ￿.COmM￿ndL Pra¢ticL ISORPI. '.Accoiiniing and Re￿rtIng bi Chants¢s' publishLd In Mawh 2004 and applicabl¥ accounting SL￿dards. Fund accounting GLnLral funds arL' unrLslrictLd funds iihich aK' ai'ailablL for usc at (hL discr¥'tion of th TrustLiS In funh¥ranc¥ of thL sL[Kr￿ obJi¢rii¥s of th¥ Chan'li and iihicli liaiL noi bc¥n d¥s1￿na￿.d for othLr pu￿￿.$. R¢sirictcd funds arL. fvnd$ ii.hich a￿ io k uscd in accordancc i%ith 5￿cifiC ￿'sinc110￿s Im￿$￿'d bi donoT5. or iihich haiL Ix¥n raisl'd bi th¥ charits for particular pur￿￿.$. Thc Costs of r￿sin￿ JJminisiLrinsi su¢h fiuK15 arc charscd ￿aInst thL 5￿CifiC fvnd. Th¥ m and of ¥ach rc51rifflLd furbj JrL' set oui in dK' not¥S io ihk financial staiLm¥nts. Incomini re50urce5 .411 incomin¥ rLsour¢¥s includcd in thL st￿ement of finalKi￿ a¢tii'ilics iihcn the hariti has Lntitlkmint to ik. funds. ¢¢naints of r¢cLipI and thL amount can k. m¢asur¢d Iiith sufficicnt reliabilih. DonatLd scn"i¢¢s or fa¢Èlili¢s. iihi¢h comprise donated serviccs. ar¢ in¢lud¢d in incomc at a iaiuaiion li hich Is an LstiM￿L of finan¢Jal cosi IK)mc bi. thc donor iiherL' such a cost is quaniifiabl¥ and mLasurablc. No incomc is rccogniscd iihLre th¢r¢ is no financial ¢051 bomL bi a third path. Income t&% r¢co%¢rablc in rclion to donations rcceived under Gift Aid or of colenant 1$ ￿¢0￿ni$¢d at ihc timc of thc don1￿. Resources txptnded E.xsKnditur¢ is ￿OUn(¢d for on an xcruais basis and has Ix¢n in¢ludd undcr cxpcnsc catLgonLs that ￿[e￿al¢ ail ¢osts for all(Kalion to actsi itscs. Where cosis Ginnix b¥ dir¥cdi Uttributcd to acti1.iti￿ th￿. hafve t¢¢n all(Kad ￿ a basis con5islcnt 14ith the use of IhL rcsourcL'S. Fundraisiftg ¢05ts thosc incurred in seeking i"oluntaTh" contribuljons and do not include thL costs of disminatsng illfortnalion In support of thi charitable actilities. Support Costs arc thosc costs incurred diftxtli" in SLIp￿ of ¢K￿ndit￿￿ on thc objccts of thL chants artd includc projcct managemLnt carried out at HLadquart¢rs. Goi"CTnancc costs at¢ ihos¢ incurrrd in conncclion li ith ￿minIStration of thL chanti and ¢omplian¢¢ i1.ith constitutional ststuton" requir¢m¢nts.

,NOTES TO THE FIN.4NCI.4L STATEfvIE.NT (Lonlinued) FUR THE YE.4R ETr4DED31 DECE141BER 2024 Grants paiable in th¢ i"¢ar ii"h¢n tk" offlr is m)Jc eiccpt in th￿ cascs iiher¢ th¢ off¥f LS condition￿. such grants bL'in¥ rccOgni￿d &$ eNpenditurL" iihLn thL Conditions attaching ar¢ fvifill¢d. Grants offLrcd subjLYi io conditions i¥hich hai¥ bxn met & th¥ I barcnd arc notLd as a commirmenL bui not as ¢iF￿ndlI￿r¢. Depre¢iaiion Lk'prLC1￿10n is cai¢ulat¥d ￿ ￿¢$ lslima￿d to iiritL' off ￿. cosi of all rangiblL fiwd asscts oi'¢r th¢ireYp¢acd us¢'ful li%'LS'. Durinsi IhL I"Lar un&"r rLiiLl¥. thL church dty¢idL￿ io conlinuL 10 %¥arat¥ cquipm¥nt from its fumlru￿. fii1urL% at¥J fittings. A dLpfL'ciatt"on Ne of 2()/o lias appli¥￿ on cach ￿e80r1 on a K.ducin￿l IMtan¢L b&5ts. al Fund strurtyre Th¥ Priiicipal accounting sK)IicL¢S ar¢ sei out IK1￿1. Thc accounling p)licies hai'¢ bLYn adoptLsd consist¥nili throu￿hOUl ih4' i"¢ar. funds h¥ld b¥ thL' chants ar¥. ¥ith¢r". lJnré'%lric'lLdgt'm'MI liind.% - thc5L' arL. funds iihich ¢an b¢ us¢d in accordancc iiiih th charithblL obJ¥Cts at thL discrLtion of ihl trusrLX'S. Ih,.iiRnaii{lftiml.i - th¢s¥' ar¥. funds lamlark￿d h th¢ tru￿¢%$ oui of ￿n￿$t￿￿¢d gcncrnl funds for spKcific fviurL' Purpo￿.9 or projects. Re.iifiL'red liinds- tkn are funds onli. be uscd for Fklrticular rcstnclcd purposL$ i¥iihin Ih¥' obj¢Yls of th¢ chan'ii" RLsthctions arisc iihcn sFttifi¥d bi. th¢ donor or iihcn fvnds arc rniscd for parncular rcstrictcd pury>os¢$. linLI(JM'lnL'nl liinLI.i - the￿. ar¥. funds thai rL.PrL.￿'nl aS￿'tS iihich must hLld PLm)anLnil% bi. Ihe chartii. In¢om¥ arising on th6 lndoiimcni fun can k u￿d in uccordancc ii'ith thc objects of thL chariii" and Is includLsd in unrL'llriCt¥d In¢om¢ .4ni ¢apitsl gains or los￿"$ arising on th¢ ini'cstmcnls fonn part of thc fund. Iniestmeni marogem¢nt char8¢$ aTrJ I¢8￿ •li'ic¢ relating to thc fvnd arc charged against the fvnd. ThL chariti" is not registe￿d for VAT and x¢orth'ngli' ¢.¥￿ndItur¢ in¢lud¢s VAT ii.hc appropriatc. 2. Income resources In¢om¢ ¢ompris¢s of don￿lon$ and 3. Employee Informatio Non¢ of th¢ trust¢¢s rff¢i&td ani" remuneration. 101 Page

NOTES TO THE FIN.4NCIAL ST.4TENIEhT{Con¢inued) FOR THE I'E.4R ENDED 31 DECEMBER 2024 4. Trustee Expense$ Dunn¥) rh¥ l¥aT LndLd ) I tk.CL'mk.r ?()?4. lh¢ folloiiing p￿rnents iier¢ madc to tru5tCC5'. Bode Ishold# rL¢¥'ii ¥xI £ l.IIOU from ih¥ Pastor Fund. DaTr'id 02unbove rL'lMbur￿d L1.4ii for Li￿n5￿S incunrd on Ixhalf of thc chariti. 5. Taxation Thc chariti. is L.XLmpt friwn wrwjration la¥ on its chantsble actii'ilics. 6. Debtors 2024 2023 Prepa)Inenis #md lo*0$ 1.4 Idovlu) 9J76 7. Creditors: Arnount Falling due within one year 2024 2023 Accrua15 10.171 6.436 111 Page