Registered Charity No: 1052654 GRIMETHORPE PENTECOSTAL CHURCH REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2024
GRIMETHORPE PENTECOSTAL CHURCH REPORT AND ACCOUNTS YEAR ENDED 31 DECEMBER 2024 CONTENTS Page Legal and Administrative Information Trustees, Report Independent Examiner's Report Receipts & Payments Account Statement of Assets and Liabilities 10 Notes to the Financial Statements 11-12 Page 2
GRIMETHORPE PENTECOSTAL CHURCH LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 DECEMBER 2024 Full Name: GRIMETHORPE PENTECOSTAL CHURCH Registered Charity Number: 1052654 Contact Address: Brierley Road Grimethorpe Barnsley S72 7EH Trustees: J Gascoigne A Obarisiagbon E Gallagher Rev R Koroibanuve (Appointed March 2024) Chair: Joy Gascoigne Website: www.grimethorpepentecostalchurch.org.uk Bankers: Virgin Money 154-158 Kensington High Street London W8 7RL Independent Examiner: Steph Tolson Community Accountant BCVS Services Limited 23 Queens Road Barnsley S71 IAN Page 3
GRIMETHORPE PENTECOSTAL CHURCH TRusfEES' REPORT YEAR ENDED 31 DECEMBER 2024 The Trustees present their report and accounts for the period 01 January to 31 December 2024. StructureN governance and management Grimethorpe Pentecostal Church is a registered charity with the Charity Commission, governed by its Constitution with Trust Deed, dated 01 July 1993 and most recently amended 24 June 2009. Membership of the Church is open to any individual who: a) by grace has exhibited saving faith in the Lord Jesus Christ b) desires to worship and serve God c) is committed to promoting the objects of the charity The manaoement and control of the Church and its property and funds is vested in the Church Council. Council members are the trustees of the charity. Appointment of Trustees Trustees are appointed to the Church Council from the members of the Church and must sign a declaration of willingness to act in the charitable trusts of the Church before appointment. The trustees who served during the year, to the date of signing these accounts, are listed on page 3 of this pOrt. Related Parties The church is a member of the wider network of the Fellowship of Assemblies of God. The trustees consider that there are no other related parties to the charity. Charitable Objects The charity has the following objects for the benefit of the public: a) to advance the Christian faith in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit. b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or senilS of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the Church Council from time to time may think fit. c) to advance education in such ways and in such parts United Kingdom or the world as the Church Council from time to time may think fit. Public Benefit Statement The Trustees have paid due regard to the Charity Commission guidance on public benefit reporting in deciding upon its charitable attivities. This port illustrates the activities undertaken to support the public benefit requirement. Page 4
GRIMETHORPE PENTECOSTAL CHURCH TRUSTEES. REPORT continued YEAR ENDED 31 DECEMBER 2024 Report by the Chair of Trustees on the Activities undertaken for the Public Benefit The year began in a flury of attivity, with a number of people visiting the seniices for the first time, and several regular members going through times of challenge. In all of that, early indicators suggested a positive year ahead. and indeed this has turned out to be the case. New initiatives The support of some trusts and foundations and other local agencies have provided a springboard for several new projects which have impacted on the community. Early in the year, our youth team held a community information outreach day at our local Co-op. We are grateful to the Co-op community fund for their support which has facilitated three Seniors Tea events this yearl gathering between 25 and 32 local people on each occasion, reducing social isolation and improving community cohesion. New external funding streams (BMBC HSG) secured this year enabled our successful Picnic Club projett to continue, and gain momentum. Several volunteers hold DBS checks and lead this projett, and the support of a number of secondary school pupils has been invaluable and is to be commended. On each of the Picnic Club events 30 families have Ceived a take home Picnic Hamper containing a selection of family foods to the value of £50.00, and 30 children have been given a Picnic Lunch on 3 days of each of the four school holidays. We are grateful to four local schools for their partnership in sharing information about this with local families. Training Youn Lions A major milestone was reached when one young person attended Young Lions boot camp training. The feedback we received regarding the leadership skill and potential of this young person was very positive, and the addittonal training will no doubt pay dividends in our local situation. Minister in Trainin Our associate Pastor has continued with his Assemblies of God Minister in Training programme. It is evident that the training is contributing to his development and skill and we look forward to him achieving accredited ministerial status in 2026. Team Da During four school holidays, in conjunction with Picnic Club, we have held Team Days for 6 young people. On these days, one of our key leaders delivers training in public presentation, community engagement, projett planning and delivery, teambuilding and premises management. The young people involved in these Team Days have been bringing Keynote presentations to the Church, demonstrating their growing skills and capabilities. Residents and staff, and the project play a part in achieving our objective of the furtherance of the gospel in a meaningful way. Ongoing successes Seniors Communit Outreach A new group has emerged this year, ably led by a retired Pastor who has recently joined us. This group has held ServIS in four residential homes on a regular basis. This provides opportunity for the involvement of several people and the group has been well received. Page 5
Local residential homes have indicated that these ServIS have a positive effett on both residents and stsff. GRIMEfHORPE PENTEcosfAL CHURCH TRUSTEES" REPORT continued YEAR ENDED 31 DECEMBER 2024 The development of a regular Preaching Team has provided new variety and expression of gift from which the whole congregation has benefitted. Several Youth Sundays allowed young people to play key roles in the Church. and the new features of Men's and Women's Ministries Dayi along with Family Dinner Day have all proved to be highlights. The praise and worship team have grown and developed in confidence and skill and play a major part in the life of the church, for which we are grateful. The weekly Prayer Group has grown in attendance and Children's Church once each month saw the addition of several new children towards the end of the year. Easter a The Good Friday Servi provided the opportunity to welcome other churches for a special celebration eveningi and Christmas as ever made a key impact. At Christmas, leaflets and information were distributed by matl drop to almost 1,000 homes in the locality, and promotion and information sharing have been given increased attention throughout the year. The Christmas Pantomime saw record attendan, with the building filled to maximum capacity. This has become a well-known annual feature for the local community and many parents expressed their appreciation for this event, which the church delivers free of admission charges for the benefit of the community. Family Dinner Day at the church in early December was.well attended by people of all ages, and the new initiative of Christmas Dinner at a local restaurant attracted almost 50 people. We are inca$lngIY aware of the need for integration and community cohesion. Many people live alone, and these two meals certainly dUCed any sense of social isolation, providing an opportunity for celebration together in a social setting. Although attendance at the Christmas Eve seniice was lower than usual, the year ended on a positive note, with the special guest visit of another local Pastor, as a stepping-stone to the year ahead. It has been encouraging to see giving continue to be stable despite the current cost of living crisis. Including the benefit of gift aided donations our annual income from regular giving i.e. Donations and gift aid income, was £47,671. This is a slight increase on 2023 (£44,546), and 2022 (£42,935) This, together with reduced costs and the new external funding streams mean that the church is in a healthy financial situation, and positioned to do much more by way of community action. Missions Our support for the Church Planting Missions Project in Northern Spain continues to be supported rather less than in previous years. This year almost £1,000 was contributed to this. None the less, we maintain contact with the missionary couple in Spain, and at our local level, discussions have been underway regarding the ongoing opportunities to grow and enhance our missions outreach strategyi in partnership with Grace Bible College and their mission's trip to Bulgaria in 2025. Life events Four baby dedications, four baptisms and several funerals have provided a platform for both celebration and sympathyi and our Pastoral Team continue to count it an honour to support individuals from all walks of life through these major milestone events. Page 6
GRIMETHORPE PENTECOSTAL CHURCH TRUSTEES. REPORT continued YEAR ENDED 31 DECEMBER 2024 reciation As always, we place on record our appreciation and thanks to our Pastoral Team, Core Team, trustees, administrator, cleaner, technical team, catering and hospitalityr praise and worship, and welcome teams. In fact, to so many people who contribute in so many ways to our effectiveness and success. We are very grateful for the energy and skills these people bring to us. Their tireless input makes us the organisation we are and helps renew our commitment to make disciples and make a difference in our world. Respectfully submitted - Pastor Joy Gascoigne Financial Review stees res ons es for the financial statements The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity at any time and enable the trustees to prepare financial statements for each financial year. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities. The Charit on reserves The work of the charity is reliant upon the ongoing support from the Tithes and Offerings of members and friends. The Trustees review the financial situation on a regular basis in order to ensure that the charity can meet its liabilities as they fall due and ensure the ongoing work of the charity. The Trustees aim to build a reserve equivalent to six months running costs which is calculated to be approximately £20,000 at the usual level of activity. The actual level of SerVe held at 31 December 2024 was £65,401 (2023: £48,023). Financial Revi of the Year The financial statements are set out in pages 9 to 12. The Receipts and Payments Account shows a surplus for the year of £35,313 (2023: £18,379). The total funds of the charity at year-end stand at £85,911 (2023: £50,598). The financial position has improved significantly since the end of the previous year, due to the cost cutting measures that have been put into place. The trustees declare that they have approved the report above. Signed on behalf of the charity's trustees: Signed: Date: 12th February 2025 Pastor Joy Gascolgne, Chair of the Church Council Page 7
GRIMETHORPE PENTECOSTAL CHURCH INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2024 I report on the accounts of the charity, which are set out on pages 9 to 12. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the pparatiOn of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities 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 procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordan with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the 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 the 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 psent a 'true and fairf 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 material matiers have come to my attention which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Charities Act, or the accounts do not accord with the accounting records I have no concerns and I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Date: 12th February 2025 Steph Tolson Community Accountant BCVS Services Limited 23 Queens Road Barnsley S71 IAN Page 8
GRIMETHORPE PENTECOSTAL CHURCH RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 DECEMBER 2024 16,535 25,240 17, Gft 14d arvi ftAd (Tralis 25240 26,527 (3fts ildr4E finl io 47 T(Aal 793 24527 77.3XJ 6).gJ7 alsQ ljililies alTrJ ii,(T19 Ahin &(In bwEes 1,036 LIO) TdqhJE AvrrthKlcg 175 4523 175 493 LJ)7 4Z)7 447 1931 Z495 mraf 675 7fv1 411 ,267 I,iii 19,1116 (¥iii) X219 Page 9
GRIMETHORPE PENTECOSTAL CHURCH srATEMENT OF ASSETS & LIABILITIES YEAR ENDED 31 DECEMBER 2024 Total 2024 Total 2023 Virgin W cent Account £85,911 £50,598 £85,911 £50,598 Fixed Assets rthined for the dh•ity'S own i&se: The charity owrs propety on Brierley Road, GrinthryE, S72 7EH. A list of other assets retained for the (tsiivs ovm Lse is kept at the prirKiple offi. Items iTrJude ftjrniture & fittings, corrouter & nla equipmstt, rrusical ir6trUnts and kitchen appliances. 2024 2023 Liabilities: £550 £450 The trustees declare that they have approved the accounts above. Signed on behalf of the charity's trustees: Date: 12th February 2025 Pastor Joy Gascoigne hair of the Church Council Page 10
GRIMETHORPE PENTECOSTAL CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 l. Accounting policies Basis of the aration of the accounts The financial statements have been prepared on a Receipts & Payments basis which summarises the movement of cash in and out of the organisation. In this context 'cash' includes cash equivalents, such as bank accounts where cash can be readily available to pay debts as they fall due. This format of accounts is available to non-company charities with gross annual income of £250,000 or less. Classification of income & ex enditure Income and expenditure has been analysed in the accounts using natural classification. Funds structure The charity maintains an unrestricted fund which represents funds which are expendable at the discretion of the trustees in ftjrtherance of the objects of the charity. Unrestricted funds may arise from general donations, grants of a general nature, fees for service provision and payment for Servi delivery contracts. Restricted funds may be provided to the charity for particular purposes and may only be spent for the purposes for which they were given. Any balance remaining outstanding on a restricted fund at the end of the year is carried forward as a balance on the fund, unless permission has been given by the funder to remove the restriction on the balance outstanding. Restricted funds will arise from grants and donations given to the charity for specifi'c purposes. 2. Bank Reconciliation Mrgin M)ney Current NC Pety Cash Statemert BaLqrce 31.12.24 Add wcleared iKome: 85,910.58 85,91058 No 85,910.58 85,91058 3. Trustee payments, benefits and expenses No Trustee claimed any remuneration in connection with their duties as a Trustee. During the financial period, Pastor Joy Gascoigne was an employee of the charity and received a monthly salary. Such salary payments to trustees are permitted within the provisions of the governing document of the Church. The trustees dtd not claim expenses and, other than reimbursement of items purchased on behalf of the Church, there were no further payments, remuneration or benefits made to trustees during the year. Page 11
GRIMETHORPE PENTECOSTAL CHURCH NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 31 DECEMBER 2024 4. Related Party payments Subscriptions of £960 were paid during the year for membership of the Fellowship of Assemblies of God (2023: £960). There were no other related party payments. 5. Restricted Funds Opening Balance Fund Transfers Closing Balan Receipts Payments Bauer Medla Cash for Kids grant BMBC HSG 2024 picnlc Club BMBC HSG 2024 Warm Welcome Co-op Community Fund Picnic Club Coalfields Regeneration Trust 2024 South Yorkshire Community Foundation National Lottery Community Action Coalfields Regeneration Trust 2023 BMBC Household Support Grant 2023 1,860 2,230 889 1,524 2.000 1,358 16,666 (1,509) (2,230) (351) 889 (401) (1,526) 1.123 474 1,358 16,666 463 2,112 (463) (1,352) (760) Total 2,575 26,527 I,iii) (7,481) 20,510 The restricted grants provide for a variety of projects including the Picnic Club, Senior Teas, Warm Welcome and the Community Action project. Page 12