Registered number 1061096 GRACE CHARISMATIC CENTRE Report and Accounts 31 March 2023 GRACE CHARISMATIC CENTRE Reports and Accounts Contents Page Trustees Report Statement of Financial Activities Balance Sheet Notes lo the Accounts GRACE CHARISMATIC CENTRE Trustees Report The Iruslees present their report and accounts for the year 31 March 2023 Prlncipal activities The Charity's principal activity during the year continued lo be the advancement of the Christian Religion - Generally The report was approved by the board on the 30th day ol July 2023 GRACE CHARISMATIC CENTRE Statement of Financial Activities for the year ended 31 March 2023 Notes 2022 Income & Expenditure Income Tithes & Ollerings Pledges & Donations Other receipts Gift Aid Total Income 45,193 3,273 5,320 15,854 69,640 47,975 520 25.337 73.832 Direct Charltable Expenditure Hire ol Hall Chartable Donations & Gill lo Missions Pasloria Honoraria Micellaneous Church Expenses Vvellare & Youth expenses 11,615 5.600 28.650 297 3,055 49217 5.350 1 152 21,451 220 6.915 35 088 Other expènditurg Repairs & Maintenance Travel Expenses Accountancy lee Postage, Printing & Slalionery Loan lo Members Purchase ol Assei Pens10n payments Payment lo Inland Revenue Bank Charges 2SO 690 500 1.750 590 3,500 5,000 2,220 2.364 2.000 60 15.394 4.015 20 7,565 Total Expenditure 64,611 42,653 Net IneomelExpenditure for the year Fund5 balances brought forward 5,029 161,541 31,179 130,362 Funds balances carrigd forward 166,570 161,541 GRACE CHARISMATIC CENTRE Slalements of Assets & Liabilities as at 31 March 2023 2022 MONETARY ASSETS Current Account Capital Reserve Account 53,442 113.128 166 570 54 353 107,188 161.541 OTHER ASSETS For by tho Charity and belonging to G•n•Tal Purposes Fund: Musical Instruments Icosl £14,198). Overhead Projector & Acco$sories Icosl £4301, Ollice furniture & lillingsl£1.7101. Debtors 9,350 9,350 8.000 LIA81LITIES Accruals 1.500 1.500 1,500 1.500 We approve these accounts which comprise the Statemènt ol Fin8n¢ial Aclivilies. Balance Sheet and related note5 We acknowledge our responsibility lor the accounts. Including the appropriateness ol the accounting basis as set out In noie 1 and lor providing all the Information and explanations necessary lor their compilation Pastor Dated On ehalf of the board of trust&e$ GRACE CHARISMATIC CENTRE Notes to the Accounts for the year ended 31 March 2023 1 Accounting policies These Accounts have been prepared on the receipts and payments basis and in accordance with applicable Accounting Standards and the Charitable SORP. (Statement of Recommended Practice on Accounting by Charities}. 2 Income These represents gifts, donations. tithes. offerings. pledges, Gift Aid and bank interest given lo the Charity during the year. 7 3 Charitable Donations & Gifts to Missions These represent amounts given lo various individuals. organisations, other charitable trusts. honorarium to visiting speakers and remittances for missionary, community and poverty alleviation 4 Debtors 2022 Sundry debtors 9,350 6,000 9,350 6,000 5 Creditors.. amounts falling due within one year 2022 Accruals 1,500 1,500 1.500 1,500 Trustees, Annual Report for the period Period start date 01 04 Period end date From 2022 To 31 03 2023 Section A Reference and administration details Charity name GRACE CHARISMATIC CENTRE Other names charity is known by Registered Charity number lif any) 1061096 Charity's principal address 23 SEAGULL ROAD ROCHESTER KENT Postcode ME2 2SQ Names of the charity trustees who manage the charity Trustee name Dates acted If not for whole ear Office lif anyl Name of person lor body) Èntitled oint Iru$¢ee if an MS DIANA NTIM MISS JESSICA BINEY MR KOFI DARKO REV NANA KOFI NTIM-MENSAH REV SAMUEL APPAH Names of the trustees for the charity, if any, Ifor example, any custodian trusteesl Name Dates acted if not for whole ear Names and addresses of advisers (Optional infomiation) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information) Section B Structure, overnance and mana ement TAR March2012 Description of the charity's trusts TRUST DEED Type ol governing document 'TRUST How the charity is consliluled I TrLJslee selection methods APPOINTED BY CHURCH MEMBERS Additional governance issues Ioptional information) You may choose to InclLJde addi110nal information. where relevant.about policies and procedures adopted lor the Induction and training of Iruslees, the charity's organisational structure and any wider network with which the charity works", relationship with any ielatedparties, truslees consideration of major risks and the system and procedures to manage them Section C Ob"ectives and activities ADVANCEMENT OF THE CHRISTIAN RELIGION AND ALLEVIATION OF POVERTY GENERAL CHARITABLE PURPOSES THE ADVANCEMENT OF HEALTH OR SAVING OF LIVES DISABILI OVERSEAS AID I FAMINE RELIEF RELIGIOUS ACTIVITIES Summary of the objects of the charity set out in its governing document TAR M8rch2012 MARRIAGE COUNSELLING & WEDDINGS ADVICE ON DRUG USE AND ABUSE. YOUTH TRAINING IN COMMUNITY SERVICES ETC UNDERTAKING COMMUNITY HEALTH & SANITATION ACTIVITES. Summary of the main activities undertaken for the public benefit in relation to these obj¢cts linclude within thi5 section the statutory declaration that Irustees have had regard to the guidance issued by the Charity Commission on publlc benefit) Additlonal details of objgctlves and letivities (Optional information) You may choose lo Include further slatemenls. where relevanl,abtsul policy on granlmaking., policy pr￿ramrne relaied invesimenl". contribution made byvolunleers TAR March2012 Section D Achievements and performance Summary of the main achievements of the charity during the year MOTHER'S DAY AND FATHER'S DAY WERE HELD IN MARCH AND JUNE 2022 RESPECTIVELY. CELEBRATION OF OUR EASTER CELEBRATION IN APRIL 2022 CHURCH BBQ EVENT IN AUGUST 2022 CHURCH SEMINAR IN SEPTEMBER 2022 YOUTH REVIVAL DAY IN NOVEMBER 2022 CHURCH CHRISTMAS PARTY IN DECEMBER 2022 OUR REGULAR FASTING AND PRAYER MEETING IN FEBRUARY 2023. TAR March2012 Section E Financial review Brief statement of the Charity's policy on reserves Details of any funds materially in deficit NIL Further financial review details (Optional information) You may choose lo include additional Inlormalion. where relevant about the charity's principal sources of funds (including any lundraisingi, how expenditure ha5 supported the key objectives ol the charity-. Investment policy and obiec11ves including any ethical Investment policy adopted. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signedon behalf of thg charity's trustees Signaturels) Full namelsl Position leg Secretary, Chair, | TREASURER etcl KOFI DARKO 30 JULY 2023 TAR March2012