CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110112024 Period start date To 3111212024 Period end date Charity name: Grace Chapel London Trust Charity registration number: 1059649 Objectives and Activities SORP reference Para 1.17 Summary of the purposes of the charity as set out in its goveming document al To advance the Christian faith bl To relieve persons who are in conditions of need or hardship or who are aged and sick cl To promote and fulfil such other charitable purposes beneficial to the communty in London and in such other parts of the Unrted Kingdom or the world as the Trustees ma from time to time think fit. al Holding weekly in person Christian meetings open to members of the public fr of charge. Summary of the main activities in relation to those purposes for the public benefit. in particular. the activities, projects or services identified in the accounts. Para 1.17aThJ 1.19 bl Making provision for members of the public to attend online meetings via the Zoom Softwa Application. CJ Financially supporting other recognised organisations who promote the objects of the Trust. dl Seeking to help members in material and spiritual need. Statement confimiing whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Para 1.18 The Trustees have regard to the Commissions guidan on public benefft.
Achievements and Performance SORP rence al The Church was able to ensure that its members and members of the public were able to attend church meetings in person and online. Online access was via the use of the online software application - Zoom. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. PaTa 1.20 bl The Church was able to invite guest speakers to promote the Christian faith. cl The Church managed to donate to charities with the same aims and goals as itself. Financial Review Review of the charity's financial position at the end of the period Statement explaining the policy for holding reserves stating why they a held Para 1.21 The charity MaInS well funded to cover its ongoing expenditures and meet its purposes set OLrt in its Trust Deed. The charity holds funds deposited in UK banks. These deposrts are held to ensure: 11 A contingency fund so the charity can meet its future liabilities to keep operating in the foreseeable years and meet any unexpected liabilities. Zl To assist other charities with similar aims in accordance with the Trusts governing document. 31 The charity has saved funds to potentially acquire a property in the future so as to have a permanent building in which the church members can meet regularly. The church's activities have over the years been disrupted several times by having to change premises through no fault of their own. A peanent location would help the church members meet and expand rts activrties without disruption and restriction. In addition the Trustees are looking to employ workers to help run the church in the future. The trust will look at a future reserves policy and currently had the sum of £433,236 on deposit at year ending 3111212024. Para 1.22 Amount of resereS held Para 1.22
Structure, Governance and Management Description of charity's trusts: Type of governing document How is the charity constituted? Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1.25 Trust Deed Para 1.25 Trust Para 1.25 Appointed by majority of Trustees Reference and Administrative details Charit name Other name the chari uses Registered charity number Charity's principal address Grace Cha Grace Cha 1059649 107 Station Road Finchley London N3 2SP el London Trust
Names of the charity trustees who manage the charity Dates acted rf not for whole ear Trustee name Office lif any) Name of pernon (or body) entitled ifan Mr Srilal Dissanayeke Mrs Stella Balogun Mr Rawle Lewis Pastor Mrs Cecilia Nimesha De Alwis Simon Mook-sang
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full namels) Position {eg Secretary. Chair, etc) Simon Mark Mook-sang Trustee Date 2310812025
CHARITY COMMISSION FOR ENGLAND AND WALES GRACE CHAPEL LONDON TRIJST Receipts and payments accounts CC16a For tho period To 01101r2024 31112r2024 Section A Receipts and payments funds Totsl funds A1 Receipts 26.906 13,828 1N7 5.571 13.737 44,6Y4 Gitt Aids rtthes and Offebln Bank Intsr•st HMRC Rèroipts 13128 1,647 $571 4.fj18 Sub total(Gro&8 income for AR) A2 Asset and Investment &iles, (see table). 71793 71793 Sub total 793 64,958 A3Pa ents 13.800 6,580 16.100 1.399 Nlrth of Hal and Donalions 6.010 10,q50 10,150 Sllpend Pa 12mO Sub tolal 37.179 A4 Asset and Investment ur¢ha5es. (see tal)le Sub totsl 37,679 N•t ofrn¢e1p(paYMwtsJ 37.585 3T,SS 2T,27 A6 Cash fund5 last year end Cash lunds this year end 39&651 395.651. .372 395.651 CCYX Rl ¢thnts ISSI 18n8r2025
Section B Statement of assets and liabilities at the end of the period UnrestriGted Restricted funds noarBst£ Endowment fund8 4cavries to n•ar•st£ 81 Cash fun J47 R•knce Bank 180J43 167,116 Total eash funds fundts to n••mst£ funds ) n••r¢•t£ funds tt+ nMr•rt£ Details B2 0th9r mon•l#ry a8s•t• Detalls C¢•t lopUM• Cwrrt ¥•lu• Details FThd towhlch cort10klI1 Curr•ntv•lu• B4 Assets retalned for th• charlty's own use nil Detsils Fundts)whlth 86 Uabllltle• t•haNof 41 thet£ Snare Print Na Date of 2DII)Bf2026 Sirnon Mark Mooka 2010812025 CCKX P2 Unts Iss) 16108r2025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl memb•rs of GRACE CHAPEL LONDON TRUST On accounts for the year onded 31 DECEMBER 2024 Charity no {rf any) 1059649 Set out on pages CC16a- Rages 1 & 2 I report to the trustees on my examination of the accounts of the above charity {"the Trust.) for the year ended Responsibilltles and As the charity trustees of the Trust, you are responsible for the preparatlon ba818 of report of the accounts in accordance with the requlrements of the Charities Act 2011 ('the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. I have completed my examin8tion. I confirm that no material matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that In, any materfal respect: Independent examiner's statement I have no concerns and have come across no other matters in connectlon with the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Ple e delet8 the words in the brackets if they do not apply. Signed: 2010812025 Name: S Ratnasabapathy Relevant professional qualification(s) or body {if any): FMArr Address: SMRD Accountancy Sep4ices Ltd 20 Lord Chancellor Walk Kingston upon Thames, Surrey Iff2 7HG IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). During the year Mr Srslal Dissanayeke, Pastor was paid Stipend of £12,000 for his seNIs. This was agreed through an Individual Memorandum of Understanding signed on 8th March 2024 Give here brief details of any items that the examiner wishes to disclose. IER October 2018