Charity number: 1086650 

CHURCH OF GRACE MINISTRIES (WHITE CITY) 

FINANCIAL ACCOUNTS 

FOR THE YEAR ENDED 31/03/2025 



CHURCH OF GRACE MINISTRIES (WHITE CITY) 

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2025 

TRUSTEES D AMOO J BOATENG J FOSU O BOATENG D OFORI-ADJEI 

REGISTERED OFFICE 

CHARITY NUMBER 1086650 

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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

## ACCOUNTS 

FOR THE YEAR ENDED 31/03/2025 

|CONTENTS||
|---|---|
||Page|
|Reportof theTrustees|3|
|Independent Examiner'sStatement|4|
|Statement of Financial Activities|6|
|BalanceSheet|7|
|Notes to theAccounts|8 to 12|
|Detailed Statement of Financial Activities|11|



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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

## FOR THE YEAR ENDED 31/03/2025 

TRUSTEES' REPORT 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

PRINCIPAL ACTIVITIES 

The principal activity of the charity in the Year under review was that of a church. 

STRUCTURE GOVERNANCE AND MANAGEMENT 

Governing document 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. 

This report was approved by the Board of Trustees on 30/04/2025 

J BOATENG 

Trustee 

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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

## INDEPENDENT EXAMINER'S STATEMENT 

## FOR THE YEAR ENDED 31/03/2025 

## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHURCH OF GRACE MINISTRIES (WHITE CITY) 

I report on the accounts of the company for the year ended 31/03/2025 . 

## RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER 

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of . 

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act; 

- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- state whether particular matters have come to my attention. 

## BASIS OF INDEPENDENT EXAMINERS STATEMENT 

My examination was carried out in accordance 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 you as 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 present a "true and fair view" and the report is limited to those matters set out in the statement below. 

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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

INDEPENDENT EXAMINER'S STATEMENT 

FOR THE YEAR ENDED 31/03/2025 

## INDEPENDENT EXAMINERS STATEMENT 

In connection with my examination, no matter has come to my attention: 

(1) which gives me reasonable cause to believe that in any material respect the requirements: 

- to keep accounting records in accordance with section 386 of the Companies Act 2006; and 

- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 

have not been met; or 

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached 

................................................... 

Date: 30/04/2025 

E H TURKSON ACMA HESSE ARMAH ACCOUNTANTS 

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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

Statement of Financial Activities for the year ended 31/03/2025 

|Income<br>Incomefrom generated funds<br>Incomefrom Investments<br>Incomefrom charitable activities<br>TotalIncome and endowments<br>Expenses<br>Costsof generating funds<br>Expenditureon Charitable activities<br>TotalExpenses<br>Net gains on investments<br>NetIncome<br>Gains/(losses) onrevaluation of fixed assests<br>Netmovementinfunds:<br>Net income fortheyear<br>Total fundsbrought forward<br>Net funds carriedforward|Unrestricted<br>funds<br>£<br>1,941<br>65,529<br>67,470<br>51,684<br>51,684<br>15,786<br>15,786<br>106,829<br>122,615|Restricted<br>funds<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|2025<br>Total<br>£<br>1,941<br>65,529<br>67,470<br>51,684<br>51,684<br>15,786<br>15,786<br>106,829<br>122,615|2024<br>Total<br>£<br>1,581<br>61,940|
|---|---|---|---|---|
|||||63,521|
|||||65,594|
|||||65,594|
|||||(2,073)|
|||||(2,073)<br>108,902|
|||||106,829|



This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities 

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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

|BALANCE SHEET AT 31/03/2025<br>FIXED ASSETS<br>Tangible assets<br>CURRENTASSETS<br>Cashat bank and in hand<br>CREDITORS: Amountsfalling duewithin oneyear<br>NET CURRENTASSETS<br>TOTALASSETSLESS CURRENT LIABILITIES<br>Notes<br>3<br>4<br>CAPITALANDRESERVES<br>Unrestricted funds<br>General fund<br>6|119,849<br>119,849<br>600|2025<br>£<br>3,366<br>119,249<br>122,615<br>122,615<br>122,615|104,087<br>104,087<br>600|2024<br>£<br>3,343<br>103,487|
|---|---|---|---|---|
|||||106,830|
|||||106,830|
|||||106,830|



For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. 

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 

Approved by the board of tr ustees on 30/04/2025 and signed on their behalf by 

............................. 

D AMOO 

Trustee 

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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

## NOTES TO THE ACCOUNTS 

FOR THE YEAR ENDED 31/03/2025 

## 1. ACCOUNTING POLICIES 

## 1a. Basis Of Accounting 

The accounts have been prepared under the historical cost convention. 

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. 

## 1b. Incoming R esour ces 

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 

## 1c. R esour ces Expended 

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## 1d. Allocation And Apportionment Of C osts 

All costs relate to the single activity of the charitable company and are recognised accordingly. 

## 1e. Fund Accounting 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. 

## 1f. Depreciation 

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. 

Plant and Machinery Fixtures and Fittings Motor Cars 

reducing balance 20% reducing balance 20% reducing balance 20% 

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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

1g. Turnover 

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. 

|2. EMPLOYEES|||
|---|---|---|
||2025|2024|
||No.|No.|
|Averagenumberofemployees|1|1|
|3. TANGIBLE FIXED ASSETS|||



|Cost<br>At 01/04/2024<br>Additions<br>At 31/03/2025<br>Depreciation<br>At 01/04/2024<br>For the year<br>At 31/03/2025<br>NetBookAmounts<br>At 31/03/2025<br>At 31/03/2024<br>4. CREDITORS: AMOUNTS FALLINGDUE WITHIN ONE YEAR<br>Othercreditors|Plant and<br>Machinery<br>£<br>9,963<br>-<br>9,963<br>9,820<br>29<br>9,849<br>114<br>143|Fixtures<br>andMotor<br>FittingsCars<br>£<br>£<br>1,165 5,000<br>865-<br>2,030 5,000<br>1,165 1,800<br>173 640<br>1,338 2,440<br>692<br>2,560<br>-<br>3,200<br>2025 <br>£ <br>600 <br>600|Total<br>£<br>16,128<br>865|
|---|---|---|---|
||||16,993|
||||12,785<br>842|
||||13,627|
||||3,366|
||||3,343|
||||2024<br> £<br> 600|
||||600|



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~~CHURCH OF GRACE MINISTRIES (WHITE CITY)~~ 

## 5. LIMITED BY GUARANTEE 

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/03/2025 there were members. 

## 6. UNRESTRICTED FUNDS 

||Brought<br>forward|Incoming<br>resources|Outgoing<br>resources|Transfers|Carried<br>forward|
|---|---|---|---|---|---|
||£|£|£|£|£|
|General fund|106,829|67,470|(51,684)|-|122,615|
||106,829|67,470|(51,684)|-|122,615|



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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

|IncomingResources<br>fortheyearended31/03/2025<br>Incomingresources<br>Incomingresourcesfromgeneratedfunds<br>InterestReceived<br>BankInterestreceived<br>Tithes, Collection&Donations<br>Tithes, Collections andDonations|1,941<br>65,529|2025<br>£<br>1,941<br>1,941<br>65,529<br>65,529<br>67,470|1,581<br>62,420|2024<br>£<br>1,581|
|---|---|---|---|---|
|||||1,581|
|||||62,420|
|||||61,940|
|||||63,521|



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CHURCH OF GRACE MINISTRIES (WHITE CITY) 

## Ex penses for the year ended 31/03/2025 

|Expenses<br>Costs of generatingfunds<br>Charitable Activities<br>Rent and Rates<br>SingingBand<br>MotorExpenses<br>Visiting Ministers<br>Donations<br>MembersWelfare<br>Functions and Events<br>Insurance<br>Repairs andrenewals<br>Salaries<br>Accountancyfees<br>Stationery& office supplies<br>Website<br>Subscriptions<br>Bankcharges<br>Depreciation of plantand machinery<br>Depreciation of fixtures and fittings<br>Depreciation of motor cars|2025<br>£<br>12,000 <br>3,612 <br>6,507 <br>2,000 <br>2,450 <br>5,707 <br>11,446 <br>500 <br>1,290 <br>2,000 <br>600 <br>1,821 <br>403 <br>285 <br>221 <br>29<br>173 <br>640 <br>51,684<br>51,684|2024<br>£<br> 16,000<br> 3,670<br> 6,805<br> 1,800<br> 2,650<br> 10,240<br> 17,054<br>-<br> 1,671<br> 2,800<br> 600<br> 1,185<br>-<br>-<br> 284<br>35<br>-<br> 800|
|---|---|---|
|||65,594|
||||
|||65,594|



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