Celebration House
Statement of Financial Activities for the Year Knded 30 September 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Total
2024
Note
Income and Endowments from:
Charitable activities
12,276
112,276
Total income
112.276
112,276
Expenditure on:
Charitable activities
110525
110 525
Total expenditure
110,525
110,525
Net income
1.751
1.751
Nc¢ movemenl in fvnds
1.751
1,751
Recontili4tlon of funds
Tolal funds brought forward
Total funds carried forward
12,833
16
11,082
11,082
'I'otRI
2023
Unreytricted
fund$
Nott
Income and Endowments from:
Chariiable activities
76,298
76,298
Total income
76,298
Expenditure on:
Charitable 4¢1ivities
93.182
93,182
Total eX￿ndItUre
Net expenditure
16.884
16,884
Net movement in funds
(16,884)
(16.884)
Reconciliation of fund$
Toial fvnds brought ftirward
Total fvnds Carri￿ forward
4,051
4.051
16
All of the charitys activiti¢5 derive from continuing operations during the above two periods.
The ￿ndS breakdown for 2023 is shovm in note16.
The notes on pages 8 to 16 form an Inte￿￿[ part of these financial statements.
Page 6

Celebration House
(Registration number: N1641052)
Balanee Sheet as at 30 September 2024
2024
2023
Nott
Fixed fissets
Tangible assets
6.901
7,622
Currenl gsset$
Debtors
C8sh at bank and in hand
12
13
1,025
6,272
573
4,115
7.297
4,688
Creditor¥: Amounts fAlling dw¢ wlthin on¢ year
14
25,280)
25,143
Net current liAbilitleg
17.983)
20,455
Net liHbiliti¢s
11,082
12,833
Funds of the charlty:
Unrtstritted income funds
Unr¢slri¢led funds
11,082
12.833
"rotal funds
16
11.082
12,833
ror the financial year ending 30 September 2024 ihe charily was entiiled to cxcmption from audit under section
477 of the Companies Ath 2006 relating to small companies.
Directors. rcsponsibililies..
The meinbers have noi requir￿ the charity lo obtain an audit of its accounts for the year in questii)n in
a¢cordancc with section 476; and
The directors acknowledge their responsibilities for complying with Ihe requirerncnts of the Act with respcct
io a¢¢ouniin8 records and the preparation of accounts.
'rhe financial statements on pages 6 to 16 were approved by the trustees, and authorised for issue on 18 March
2025 and si8ned on their behalf by:
Pastor K A Stewart
Truslcc
M J Miirp
U5tee
The noies on pages 8 to 16 form an integral part of these financial statements.
Page 7

Celebration House
Notes to the Financial Statements for the Year Ended 30 September 2024
I Charity s¢atU5
The charity is limited by guarante4 incorporated in Northern Ireland. and consequently does not have share
capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity
in the event of liquidation.
The address of its registered office is:
2-4 Railway Street
Ballymena
Co Antrim
BT42 2AB
These financial statements were authorised for issue by the trustees on 18 Marth 2025.
2 Accounting policies
Summary of significxnt Accounting policie$ And key Aeeounting estimates
The principal accounting policies applied in the preparation of ihcse financial statements are sel out below.
These policies have been consistently applied io all the years presented, unless otherwise staled.
Statement of compliAnce
The financial statements have been prepared in accordance with Accounting And Reporting by Charities..
Statement of Recommended Practice applicable to charilies preparing their accounts in accordance wilh the
Financial Reporting Standard applic&ble in the UK and Republic of Ireland (fRS 102) (effectivL l January
2015) - (Charities SOIiP (FRS 102)), the Financial Reporting Standard appli¢able in the UK and Republic of
Ireland (FRS 102). They also ¢omply with the Compani&s Ad 2006 and Charities Ad (Northem Ireland) 2008.
BASIS of prep&ration
Celebration House meets the definition of a public ￿nefIt entity under FRS 102. Assets and liabilities are
initially reeognised at historical cost or Iransaciion v&lue unless oth¢rwise stated in the relevant accounting
policy notes.
The presentational currency of these financial siatements is sterlin8 and the amounts have been rounded to the
nearest £ l.
Going roncern
The financial slalements have been prepared on a going concern basis. The trustees have assessed a period of12
months from the date of approving the financial statements with reEard to the appropriatenegs of the going
concern assumption in preparing the financial statements. The Iruslees note the negative cashflow position al the
date of sign off of the financial statements, however they believe the Church wi51 continue a5 a going ¢on¢¢rn
and be able to realise ils assets And discharge its liabilities in the normal course of business.
Pa8e 8

Celebration House
Notcs to the Financial Statements for the Year Ended 30 September 2024
Judgom¢nts
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the appli¢ation of accounting policies and th¢ reported amount of assets and liabilities,
income and expenses. Actual results may differ from ih¢5e e5timales.
Income And endowments
All income is recognised once the charily has entitlement to the income, it is probable that the income will be
received and the amounl of the income receivable can ￿ measured reliably.
Donailoiis anil legaLles
Donations are recognised wh¢n the charity has received the incom¢. In the event that a donation is subje¢( lo
¢ondilions that require B level of performance by the charily before the charily is entiiled to the fijnds, the
income is deferred and not recogniscd until either those conditions are fijlly mel. or the fvlfilment of those
conditions is wholly within the control of ihe charity and it is probable that these condition5 wil I be fulfilled in
the reporlin8 period.
Grunls receivuble
Cjrants are rccognised when the charily has an entiilernen¢ to the funds and any condilions link￿ to the grants
have been mei. Where performance conditions are att&ched to the grant and are yet to be met, the income is
r¢co8nised as a liabilily and included on the balance sheet as deferred income to be released.
Lxptnditure
All expendilure 15 rero8nised once there is a legal or Constructive obligation to that expenditure. it is probable
.seiilemeni is requir￿1 and the amount Gan bc measured reliably. All cosis are allocaied to Ihe applicable
¢xpendiiurc headin8 that aggrega￿ similar costs to that category. Where costs cannot be directly atlribuied to
particular headings they have been allocated on a basis consistent with the use of resources, with central staff
¢0s1S allocated on the basis of tim¢ spent, and depreciation charges allocaled on the portion of Ihe asset's use.
Other support costs ar¢ allocaied based on the spread of staff Cost5.
Cliorslftble ac'livlties
Charitable expenditure comprises those costs Incurr￿ by the Charity in the delivery of its activities and services
for ils beneficiaries. It includes knth costs that can be all￿ated directly to such activities and those costs of an
indirect nature necessary io support ihem.
Support costs
Support cosis include central fiJn¢¢ions and have been al located to activity cost calegorics on a basis consistent
with the use of resources, for example, allocaling property costs by floor are4 or per capita. staff Costs by the
lirnc spent and uthcr costs by their usage.
GovtrnAnee costs
These in¢lude th¢ costs attributable to the charity's compliance with constitutional and statutory requirement4
includin8 audit, strategic management and tru5te¢s meetings and reimbursed expenses.
Page 9

Celebration House
Notes to the Financial Statements for the Year Ended 30 September 2024
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the finance Act 2010 and
Iherefore it meet5 the definition of a charitable company for UK Corporation tax purposes. Accordingly, the
charity is potentially exempt from taxalion in respect of income or capital gains received within categories
¢over¢d by Chapter 3 Part I l of the Corporation Tax Act 201 O or Seclion 256 of the Taxation of Chargeable
Gains Ael 1992, to the extent that su¢h income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets Costing £0.00 or more are initially recordcd at cost. less any subsequcni ac¢umulaied
depreciatiC￿ and subsequent accumulated impairment losses.
Depreciation and amortlsalion
Depreciation is provided on tangible fixed assets so as to WTite off the cost or valuation. less any estimated
r¢sidual value, over their expcct¢d uscful economic lif¢ as follows:
Asset cl455
Furniture )nd equipment
DepreclAtlon method and rate
200/0 reducing balance basis
TrAde debtors
Trade dcbtors are amounts due from customers for merchandise sold or services performed in the ordinary
¢ourse of business.
Trade debtors are recognised initially at ihe iranSa￿lon price. A provision for th¢ impairment of trade debtors is
established when there is objective evidence that Ihe Charity will not be, able to collect all amounts due
according to the original terms of the rxeivables,
CAsh and cAgh equivAlents
Cash and cash equivalen15 comprise cash on hand and call deposits. and other short-lemi highly liquid
investments that are readily convertible to a known amount of cash and arc Subject to an in5igrtificanl risk of
¢hange in value.
TrAde creditors
Trade creditors are obligations to pay for gocds or services that have been acquired in the ordinary course of
business from suppliers. Accounls payable are classified as current liabilities if Ihe charity does not have an
unconditional righl at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the reporting dale. If there 15 Bn unconditional righi to defrr settlement for at lust Iwelve months
after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortisoj cost
usin8 the effective interest method.
Fund structure
Unrestricted income funds are 8eneral funds that are available for use at the trust¢e5'5 discr¢lion in furtherance
of ihe objectives of the charity.
Restricted fijnds ar¢ subjected to restrictions on their expenditure imposed by the donor or
through the terms of an appeal.
Page 10

Celebration House
Notes to the Financial Statements for the Year Ended 30 September 2024
Pensions and other post rttir¢ment obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed
contribulions are paid into a pension ￿nd and the charity has no legal or constructive obligation lo pay fijrther
coniributions even if the ￿nd does not hold sufficient assels to pay all employees the benefits relaling to
employce servi¢¢ in the current and prior periods.
Contribulions to defined contributicffi plan5 are re¢ogniscd in ihe Siatem¢nt of Financial A¢tivilies when they arc
due. If contribution payments exceed the contribution due for service. ¢h¢ excess is recognised as a prepayment.
3 Income from charitable activities
Unrestricted
runds
GenerAI
Total
2024
Celebrati¢M House church
112,276
112.276
Unrestricted
funds
Generwl
Total
2023
Celebralion 14ouse chur¢h
76,298
76,298
Pagell

Celebration House
Notes to the Financial Statements for the Year Ended 30 September 2024
4 Exp¢ttditur¢ on charitAble activities
Unrestricted
fund$
Gener81
Total
2024
Note
Celebraiion House church
Depreciation, amortisation and other similar eosts
Siaff costs
Allocated support costs
Governance costs
76.884
1.725
30,067
109
1.740
76,884
,725
30,067
109
110,525
110,525
Unr¢stricted
funds
General
TotAI
2023
Note
Cclebraiion House church
Depreciation, amort158tion and other similar costs
Staff costs
Governance costs
63,720
1,906
26,016
1.540
63.720
1,906
26,016
93,182
93,182
In addition to the expenditure analysed above. there are also governance costs of £1,740 (2023 £1,540) which
relate directly lo charitable Activities. See note 5 for further deiails.
5 Analysis ofgovernance and support ¢osts
Governance costs
Unr¢$tricted
funds
General
Totrtl
ruTrds
Independent examiner fees
Examination of the financial statements
Othtr fees paid to examiners
1,260
480
1,260
480
Totll for 2024
1,740
Total for 2023
1,540
Pa8e 12

Celebration House
Notes to the Finaneial Statements for the Year Ended 30 September 2024
6 Net incomingloutgoing resources
Nei incoming/(outgoing) resources for the year include:
2024
2023
Deprecialion of fixcd ass¢ts
1.725
.906
7 "frustot$ r¢mun¢r8tion and exp¢n$eJ
During the year the charity made the following transactions with trustees:
PAStor R A StewArt
Pastor R A Stewart r￿e1ved remuneration of £1 0,200 {2023: £10,200) during the year,
Ai the balance Sheet date ihe amount due to Pastor R A Stewart was £5,532 (2023: £4,956).
8 Staff costs
The a8grc8ate payroll costs were as follows..
2024
2023
Staff Lo¥t5 during thc year were:
Wa8es and salaries
Pension Costs
29,654
413
25,778
238
"I'hc nioiiilily uv¢rage number ol. persons (including senior mana8emertt I Icadership l¢am) employ¢d by the
charity during Ihe year expressed as full lime equivalents was as follows..
2024
No
2023
Charity employees
No employee received emoluments of more than £60,000 during the year.
9 Independent examiner'$ r¢muner4tion
2024
2023
Examination of the financial statements
1.260
1,200
Other fees to oxftmlnerg
All other services
480
340
Page 13

Celebration House
Notes to the Financial Statements for the Year Ended 30 September 2024
10 Tgxation
The charity is a regisleral charity and is therefore ¢xempl from taxation.
I l Tangible fixed assets
Furniture and
equipm¢nt
Total
Cost
At l October 2023
Additions
15,294
1,004
15.294
1,004
AI 30 September 2024
Doprecigtion
At l October 2023
Chargc for the year
7,672
1,725
7,672
1.725
At 30 September 2024
Net book value
At 30 September 2024
At 30 September 2023
12 Debtors
2024
2023
Trpdde debtors
573
13 Cash And cash equivalent5
2024
2023
Cash on hand
Cash At bank
169
99
6,272
4,115
Page 14

Celebration House
Notes to the Financial Statements for the Year Ended 30 September 2024
14 Creditors: Amounts falling du¢ within one year
2024
2023
Trade crcditors
Other taxation and social security
Othu creditors
Accruals
8,250
655
13,036
3,339
8,250
668
11.366
4,859
25,143
15 Pcnslon And other $ch¢meg
Defincd contribution pension scheme
The charity operales a defined conlribution pension sGheme. The pension cost ¢hargc for the year represents
¢oniributions payable by the charity to ihe scheme and amounted to £238 (2023 211).
Conlribulions lolalling £(186) (2023 - £(468)) were payable to the scheme at the end of the year and are
includ¢d in creditors.
16 Fund$
Balance at 30
Septemb¢r
2024
Balance At I
October 2023
Incoming
r¢$ourt¢$
Resources
txptnded
Unrestrtcted fund5
General
110525
B¥lgnce at 30
September
2023
BIlAnce at I
October 2022
Incoming
re50ur¢¢$
Resources
expended
Unrestricted funds
Gcneral
4,051
12.833
Page 15

Celebration House
Notes to the Financial Statements for the Year Ended 30 September 2024
17 An8lysis of net assets between fund$
Unr¢stricted
funds
General
Total funds at
30 September
2024
Tangible fixed assets
Current assets
Current liabilities
6,901
7,297
25,280
6,901
7,297
25,280
Total net assets
Unrestriet¢d
funds
General
Total funds at
30 September
2023
Tangible fixed assets
Curr￿1 a55ets
cUrr￿t liabilities
7.622
4.688
25,143
7,622
4,688
Toial nel assets
12.833
18 Analysis of ntt funds
At30
Seplcmbcr
2024
At l Octobcr
2023
FlnAnclng c8$h
flows
Cash al bank and in hand
4,115
2,157
Net debt
At30
September
2023
At l October
2022
Fin#Deing cash
nowg
Cash ai bank and in hand
2,628
4,115
Net debt
4.115
Page 16

Celebration House
Detailed Statement of Financial Activities for the Year Ended 30 September 2024
Total
2024
Total
2023
Income and Endowments from:
Charirable activil'i¢s (analysed below)
112.276
76.298
Total income
112.276
76,298
Expenditur¢ on:
Charitable &ctivities {analyscd below)
110,525
93.182
Total expcndilure
110,525
{93,182
Net incomeJ(expenditure)
16.884
Net movement in funds
1,751
(16,884)
Il¢¢on¢iliAtion of fund$
Total funds brought forward
Total funds ¢arriLxl forward
4.051
11,082
This page does noi form part of the ststutory financial statements.
Page 17

Celebration House
Detailed Statement of Financial Activities for the Year Ended 30 September 2024
TotAI
2024
TotAI
2023
Cliorilable aclivilio
Tithes and donations
Gift Aid tax reclaimed
Other income
95,533
16,496
247
69.563
6,483
252
112,276
76.298
Cliarilable ocilvilies
Materials
Wages and 5alaria8
Staff pensions (Defined contributi¢)n)
Minisiry
Philippines Ministry Trip
Rent
(1,2?8>
(29,654)
(413)
(9,161)
(3,107)
(33,000)
{175)
(14.018)
(1,835)
(5,627}
(1,755)
(415)
{907)
(2,705)
(870)
(985)
(141)
(955)
(1,725)
{109)
(1.260)
480
(1,008)
(25.778)
(238)
(3,486)
(33.000)
(165)
{lJ,218)
(1,638)
(6,169)
(1.553)
(382)
(367)
(1.059)
(680)
(190)
Water rai¢s
Light, heal and power
Insuranc£
Repairs and maintenan
Telephone and fax
Computer sotiware and rnaintenance costs
Printing, postage and stationery
Catering and hospitality
Licences
Sundry expense5
Travel and subsistence
Bank ¢har8&S
Depreciation of plant and machinery
Other interest payable
AccountAncy fees
Accountanw ftes other services
(805)
(1,906)
(1.200)
340
110.525
93,182
This page does ft)rm part of the 51alutory financial statements.
Page 18