REQISTERED COMPANYNUMBElk 04438579 (Engl4ndandWdo8)
REGISTERED CIIARITY NUIABER: 10947a9
forth• YMTEnd•d31 D•¢thnb•r2023
QRACE FouiifAIII CHIIRCH UMfiED
(ACOMPANY UMITED BY GIJAHAiifEE)

BRACE FOIMITAIN CHURCH LIMITED
Conl•*ollho Fhwiilalslatomonls
FOR THE YEAR ENDED JI DECEMBER2023
Pag•
oportolll* Trngl•oB
I lo
hMl•p•n*nl Ex•nkn*8 Report
Slatomwit of FlnthKlal A¢11￿•$
nc•Sho•t
Nolesloth• ￿n￿mI01 Stal•mo
9 to 14
D•lAllod StatOmOlltdFknartlal A¢Uvltl•s
111

aRACE FOUNTAIM CHUIICH UMITED
R0portrfth9Tn￿1aOS
FOR THE YEAR ENDED31 DECEMBER 2023
Th• INslaos who am at80 *•¢t•rn ot tho charty foi tho th• Qompwhs A•t womnt ttwlr r•port
Iha 11￿¢￿1 slat•mwits ol tkn for tho y•ar •Th1od 31 Do¢mth8r 202& Tho tru81088 Imvo adopted tho
pnhlsloxj of AEE•ulllkng •nd Roportlnp by Charfllo% Slat•m•ut ol RoMmm•nd•d Pixllco •Aillcoblo to
pi•parlng thotr acrqmnts kn awbydango *lh tho HRantlal RtyorUNJ appllcoblo Im Iho UK ftgpi*ll¢ ol
(FnS102)1offoth1 J•mJary 2ffl91.
Oblactlvo•and alrnsollh• tharityw
Thg advaAMmort 01 tho CIHlslkn Fdlk at ￿m• amd Aknl by pr(wl•* th• Inth ¢oni•mlni a•rf• SO￿ J•8us
Chbtsl as In tho Holy
Sush othw ¢lwltable Pu￿0￿69 ag9kn1 lurthor atlalnmelt ol tho alMN• Indmdlry •wporUNJ I
tl* Unli•d KthW•m aNI owome
Pr•mothm ol Y*l•u8 Inltruthn In YAlh Ihp ChrlJUan Falh by ol • sehool and vwlwB
Inlslth.
P¥b￿¢bInall1
8raÉa F•uAtsln Chw¢h Umkod b eomrnlllod to •nablkng as m•y peoplo as ￿lIbl0 to worsNp at oui tlwr¢h to
omo p¥1 91 Iho Chrfstlan 00•m￿lY kn Wlgan. Fowrtaln Church Llrnlt•d abo WO￿ In eolL•kniallfji wlth
olhor chyr¢h•s In Wjgan kn f(v•pulat• ￿lJ¥ a unltod olmrnh i•n tho m•ny gr￿p8 Il•t T*llhln •ur
muHIfy. Ow s•nrf¢•i putfallh pr*thlhYowh prayor,8crfpluN pra1$￿ w•rnhlpand •A¢rnm•
Ow xllvllloi loy tho y•¥ Ymio plAnnod lrto ion6ldwallffi tho Cornml•8l•n* g*ne• •n pum8 kn8fft gnd, In
partknl*, the spo¢lllo 9￿￿1¢0 •n tharfllos lor tho alTh¢emenl ol ff*lon. li we tty to •wblo •rdlr•ry
p•opl•to Ilvo •ullMrl•lth as partol tho Chrfstlan
St•dy olth•s¢rfpbJr•s
WoYsNpaMI
Dov•h)plw lhdrkn0wl•￿•￿d*i￿tlTh￿8l￿$
Pnwlglon of ¢arnfor pmplo Ivlni Inlho fjornnwnlty
MIMI￿ary Ilyough •utr•ach and prowl•lffi ol lkn•nclal8uppwtts locd, RalloMI
knl•matlonal 6h¥ll7*1o ovgonlthllon&
Tofxllkn th1• wolk Ill$1m￿rtantt￿w9 mAlnt8lDtknl•lxl¢ ol oui (thurch Iwlldlng and *monL
Pas01

QRACE FOUNTAIM ¢HURi¥I LIMITED
epOrt￿lhoTlU5*
FOR THEYEAR ENDED31 DECEMBER 2028
A¢hlgvementmd porfornwn
A¢hlovemont and perfwmanc•
FuNlr*lry
1. TIM￿88¢ Mo•tkngts
Th•Tru&l•oshold 2 nwtkni8dwlAB the yar.
I Ihlmeh Events hold dvlngiho yaAr.
21 19lh F•brwy 2028
Pastor aaolfrnyQodxn pioo(thod on'HDW W wll always a Waf. for 01.
12. 2ah F•lAuwy2023
Pathr Clay LMamb4 Bethel Chw¢h yrffi¢hod on Yh• Provld•° aNI trusllng In aod by
3lh Morth 2023
Pa¥tor Bolly Doe sp* on tho s￿l￿t of your MWl•nshty aod . 'DoM Q•d Know You.. Open to
¢0Mm￿￿ty1#d mmb•Ysandtholrfamll•s.
2A 121h 2023
Pastor Bolty Doo lh• smweot rf'KMwkn• Gryl Iv Youis•Y' . and how whom yow Mlthnthlp Ib tsht vAth
Qod ov•rylllNgfknw& Opon toalL
ZS 19lh 2023. Suntsy
Paslor Odlospokn •n •1Prn￿ In tho graoe andknovAffllg•of Go& Open toaL
2& 25th Ma￿h 2m. Th• ￿ Isyqtto Com¢
l DayConl•m¢e
A day ol r*oshmgnt eN￿ll￿OI￿•t Sp••kn and VanM•a IM¢lwd6on, Jll Dull and Sorah
Walklrn Buflet pM¥lded l•rallatt•xlo
Z7.1•tto 29lh 2023
Qrxo F(Mntaln Chursh Mn a PaMlonlEvaAgDIINn Cwrno l•r11s m•nb•ro and •lhi•, t•a¢hlxg thg Import•ffg 01
EYaw•lsM and Outroa¢
187th Awll 2023
Eathr Refi0￿1￿$$•￿1l8. Qood Fff41ay mnkn9 m•ollng Yoffl•iiknu *hellnlth•d •f ChrlsL
knokn¢hl•r1ho￿mNv￿IIy,lJrnUy, •dIFI￿a>
29 glh Apill 2028
Ea6tff R6lleotlon•Sonrt
Ow Eastor Ilaffleclkng w•• a •1 hDPO IN Chr1￿ outreafth lor Iho oommunlty, fwlly, a•d
frlend& A bull•t ol Iradtl(mal and lood was soyvod and 411or Iho ai all gath•r•d tojothor
Iwo lollDw¥hl
Z10.161h Aprf 20ZI
P4*r John Slolol• *okoon"The Inw•rtani• ol Yourmomo". Oponto m*nbor8aAd lkn
Commthty.
2,11. 31Xh AprM2023
P*r Clffwd 05110 fram Wwd Akn In Golwryi pTwh•d on Tr IMpO￿n￿O •f Godly Charaoter.. Ihlrfftoh
2,11 21*1 2023
lthop Fafall Selly prexh•d Ihe Sulplur• 121.4 'R•rnwlNJ youi mlnd on tlw Word •1 wN¢b wll
biknu Iv4rdwm•tl•n tl*owb th• SplrfL A wag sh¥NI after th• m•oUng wllb al lh• mombws and tsmll8&
Ihlre* toalL
213. 28th May 2023
Pathr Q•oflMy G(MIMA s￿￿• on lkn ol 'HoldlNJ ont• th• Wwd ol Qod n• matt•r whot you ¥•
thfflrylL Opwb to all.
PaBg 2

QRA¢E FOIIPITAIN CHURCH UAIITED
Rep•rl olthoTrnsteeg
FOR THE YEAR ENDED 31 DECEMBERwia
2,14. 111h Jun• 2023
Cel8hrathn OulreAieh pAth Fo￿1 Fgllfywshty at QMQO Fomrtakn Chw¢h. for Irlgnts
Zl& 18th ￿nI 2023
R•vw•nd LawMn¢o Abwye 4xb*o tho •1 'Skndlng Slr•ng In th• Lor4 n• rnallw whal ymi
216. 22Rd 23nl &251h Jmo 2023
8plrftual Impxt Conf•ro
Blshp F4ts11 S•ly vlthd IIMI ahana, Af* pr••* on tho *bloBI •1 'llv•aklng Slubbom Challw ovw •
thro9.day porfod. Oponto mombors andlhelrlamllkn aiml tho communlty.
217. 20th Auw•12023
Tho Churth SoNlig Applth Yath, a wond*tsl day was l•d by al, wlth food and
1olh)w•* aft•rth•8wvlcol•ratl oitondoM Thls w080pon lo Iho c•mnwth8wd Thomb￿aTrd Ilwlrlomlll
2,18. 29th Auiusl 21A8 7 Woqk Cowso
Qraoo Ffjvntakn ChurGh hgld a 7 W••k Foundalknn eollrn• for n•w m•n*ors tl* Word ol God,
dto walk In Ih•l&ht ol th• W•nl,
114171h 2023
Dr. Panton Ok0# preathod i mossago •f'ParlnoMNpvJhh Èof b•lnyo rAw •ruUon kn Chrfrt
Opon to allaNI lh• ¢omthwliy,
22a 24th 8•pt•mbor 20
Pa¥lor Qeoffw QfjdwTh Pr•￿￿ thul t• Sm tho bjsi, and Imsw Jowl wont Hls In pY•pr
I￿10￿M￿lS1ry. to d.
221.111 Or*ol8r 202a
All I￿ll¥r* Sunday auosl Sp•thY R•ver•NI IAordood Tthl Gh•M. A dly of wlYoKh and
I•ll0￿h1￿ 01 QK, wher• al •ur membern d￿l•d In tknli Iradlllonfil o*llli frnm varf•us oouMtrIM, and tharad
Ira(IllOn￿10Qd dlshes wlh othor m•nb•r& Op•nl•laMWy mombors Ind th•Suyn￿ft￿lng ¢ommwliy.
22Z 15th 2023
Pastov Olarthdo Talwo preail*d on tho ol 'Th• ol Flr•" Ib)w.lo H¥￿1Th lovq amd Ilvg ID God. Op•n to
2.U191h Ilov•n*•r202a
PaGtw aooffmy aodson s•(kn aknut Yot lowthl•u your aniktt booowo •1 st1￿1•￿ you aro golll• Ihrough. Tth8
Btsh•p JoYon*h 8ornado woi¢h•d on th• ol 'Enththi Tlvoullh All Your Advwth Tiwung aof. Opo*
toalL
225. *MI DoMnth•r 2023
l*lldm* Pwly. A wMdarf￿ day ol pirty garno9 Ind lood and fdlowthlp lor ￿ th• ihllthen ol Irao•
Fountaln (*w¢h andlarnlly momborn, ¢hlldr•n. Eath ¢hHd ro¢oIved a thrbtms prn8•ntand p•ty ba
110vor￿ lan Ikxwl from S¢oll•d to spe* aboul hls Ille bol•r• and after booomlng • Chrl$iian. Opffi
L27 7th Doeombor2023
Arowd thfrTrng
Wkn St•dknh Ban4 hrthd by our L•¢￿ Counclkv C•nvrdyi and th• knpull Fornm, lo1•W￿ by a buffot
lorlamly, frIMdsa*d Mmmurftyat Iho Chuffl
IX glh Da¢•mbgr 2023
W*R Ww*lp, hold at Qra¢o Fomt4kn Chuth, wllh our 8pedHI th• Dt Wly¥n •nd l•¢•l Srtholos and
surYouMdlThJ area Comclllorn. An •ulr•xh ov•nln• wlth Chrfgtmu CaiDl8 lor tho l•wn of WOB
pr•vldod after1he M•yotwl t￿n0[￿N, and Al tho thndaos,
Pag• a

QRAGEFI)uiifAIM CHURCH UMITED
Report of IhoTrustu3
FOR THE YEAR ENDED31 DECEMBER 2023
22& 1Qlh Dw•mboY 2028
Palknw Goothry Qo(*o* w•aohod Yha P*tscl Tlmknl ol Q(Ml" how not t• iulh lrto dluall•ni arnl walt kn tho
lorrfs wldMo•. Op•nt• m•mborn and the
2,30171h Dqoember 2028
Th*$ylvkng S•Th10O
A Soyvkno t• God. Otha¢h lor Irlfjnds, famly a•d tho ¢omrnunlty. A dl.dwn dlrnw lor dl •tt•ndo08
was pmldodaftorlhosoThlM, •d a womdorful Ilm• fjf felloYAhlp wa•had by d,
2.31. 24th Il•¢embor2023
Chrfslmas SoThlM holil at GFC to colehrato th? IVUO lmllbn for Clwlltmas . Jes￿ Clvhl. A lomly 8or¥ke loi all
omheY8aNI th•tr larnlly and lyi to tho ••rnmurfty.
Z82 31st Dec•mbpi 2021
var Sorvloe
A h•ll kn Ih•ov•nlry to 8•l•hr*lh¢si•rt ota Ilvw Y••ri opqnt•alk
a Tho Womon'i Mlnlitry. WomeTr rf Sul*i
Th• W•nion￿ Ilatstry held monthty moolkngs ovwy thlrd tro•llkput tho ￿. Wllh Pmkn arnl WorqhW,
Th• Word,aNI Pray•r. Opon totho Bommrttyand m•mlern
Tho Ihuglkn ofztm. Youry WoTh•n'8
Th• young Women* ffllnlslry hgld weekly xoom mo011￿ tIn￿￿O￿t tho yoar ¢ov•thg a varjed MHg• •f lub￿¢￿ t
h8lp ￿da￿l tho giowlh (4t￿11 I•￿0n$hI￿ kn ch￿SL
We•kly Prayw IAedngglBlbloStud
W•eklyPMyer M•olkngblBlble w•ro ¢*d •ul wMklythr*wtth•y•w.
IAonllty Pry IAo•lthN wlth Woriwp, Indudlry tor 2 *• •aEh mwlh, pawo (*rrlod wt At
th• 4Md •f •ach monllL
FIMn*l P•rf•nbWACO
ljuthg the yojr Iho thailty r¢¢olved to ￿04342 (2022 £903J41 Trtal oxp•ndllur• Iw th• yoOV
was£97•12022 £77A47I Thus ihlNJ a p￿tt￿rIb0V* •t£5,57912022 prollt£l&907
At 31 DoMmbor 1101 book v*0 ol wo•th, ptsrt and o•mplslhg th•Ych ￿ld￿9* olllt• olwffh
oqu¥mffil was £88,874 {2022 £92W). 8880ts comprfslng ¢xh bAlirn•s al bollk l* and dobto
b*rneS totsltsd £98,195 12022 £79,398), U•blllllos of tho ¢h•rlty at yaw orn1 *nounl•d to £4611 12022 £8841.
Th￿1•1￿ luNdB•fth•¢hwlty r•pr•8•ntqd bytolalaxotsl#s11obltlgMwas £17W812022£1N879
Total Ivlnw lo MIMlon* dwlry Iho flnonotsl year I￿1￿9 3181 D•c•mbor 2023 lo £423312022 Hlao)
s•ntlry &l%12022 ￿%) •1 lolAI Inoomolortheyear.
aiDry¥ HoMwaAd Prakn b• •w Qod ltyavor and 6v•rl
Q•vornlKI d•cumont
Iho thailly li ¢onIn￿l•d ty118 docurn•nl> • ol trrf tomlllutss a Ihrflod ¢omp*y, Ilmll•d by
1￿MAte4, al￿n￿l by*0 CompmlosAIt
P4J•4

GRACE FOUNTAIMCHIIRCH UMITED
Report•ltho TMsto01
FOR THEYEAR ENDED31 DECEMBER 2023
Grxe Flwnlokn Cknrlh Llmll•d 1$ a iharllibj• I)omp￿Y Ilmlt•d ty guarantso, lrtoiporatod M 14 Ilayy 2002 &9
Growou* Clals11an Followqh* and rtytstsr￿ a8 a Ihartly M 22 MoV•m￿r, 2001 Th• nam• •hmged t• GY4c•
FoMnt•kn thurih Umltgd on 201h Mov6n*or 2014 Tkn ¢onwany wai 08tahll*ed ￿der a Memorandum ol AsM¢Wlon
whl¢h 6stthl4hed •WoclI •nd ptsw•rn th• ilwllalkn company and Is govwnod Ill •xll¢*s ol •48ocIth
In th•ov•nt olttho Mmpary b•lng wound up men*•Yswe re4￿1¥￿1•￿￿￿￿rt0 ￿ amowrt ol £1.
AppoknlM•ntol Tntstèes
A$ 9et out In tho All￿10$ ol A8wclDlknn now tnMtso8 ar• •l•¢1gd ty m•mbeM ol th• th•tt¥bl• lkny
alltyln a¢cOAla￿ wllh any ullorfa or pollry loi admlssloN ol momb￿3 m•d• byth•lwil•o&
Thotr*9 whon ¢iwn•hl• fAMikntotat IMrt3oMd thau 7 l•dlb4dwl¥.
OM thlrf lor th• number rlos8st to on• Ihhll DI thb IM￿009 m¥gt 1oUr8 aft•r lh• Ilyst 3 yws and ov•ry 2
yew8 Ilwr•thr, lonysl kn olllm r•tirtMg ￿ IIDWWW, r•llthgiiiqt••s may b• nomknthd lor rnryippoIAlmont
n•gl*rndCompanynurnbgr
04438679(En*nd Ind Wths)
I10g￿te￿OChVlty nwnb•r
1094n9
ggl#•red oflloo
Coop Slro•1
Wlgan
Lawa6h
WN1311H
Blth(y F H Do• Choln
Mrd G Rythi Tiwtsg
Mr4 IA Watlon Tnwtso
Indopomdffltlxamlmr
NRB
181 Hoor Waltrgld•Hous•
Wat¢rnhl• D
Wlg
Lan¢othlrg
wma OAZ
Tho Royal Ba￿ 01 Swlknd
Pornb•rtqm Bran
749 Omisklb* Road
WN58AS
Th1& rq>ort h•1 beon propml In owbidw¢• wllh w&lol prfj¥knlow of Part 18 •f Il* Ctynpanlgs Aot 2006 r•lallag
tosmol Gornpa*•,
Approvod by •rd•rol Iho bowd ol tnMtoM on 3 WI 2024 and
nod It¥ bphdlbr.
h_
IAYS lAWaIs￿. TnNla•
Pago 5

￿d￿On￿Ont Examln*'8RoPOrtlolho Tno10•101
Qra¢•Fo•rtoln Chunh Urnllod
Imdap•ndort •xanlnots reportloth•lii*l•89 •1 aTa¢g Fountakn CIMr•h Ilhoeom￿ny,l
l Yeport to ￿ ¢harlty IwslDos •n rny oxamlnfitl•n ol tho oc¢owts ol th• ¢ompwy for year •nd8d
81 Dei•mbo12023,
R•oponifthiiiio8a•d baGl8 •1 r•port
As thg ¢harlty* Inthos ol th• Company14nd Its dkeclwg for tkn purp•sg8 ol com￿Y law) you ay• Msponslbl•
Iwthopropardl•n a¢¢onlan¢evAlbth•v•wlvgm•*￿th•coTrW1nlMAlt2o08q'th0 200•A¢V
lknlng sat15fflod my¥o11 that thp of tho Compw ar• nol ra4￿10d to bo owllted P•rt16 01 th• 2006 tht
and aY• ellgltslo foi Indopendprt 0xamk￿lI0n, I rny oxamtnallom ol y•ur thab*y's a¢¢ourfs ¥ ¢•nl•d
oul ￿der 8ectlon 145 of tkn ChailU•s kn12011 Ilho 2011 AotJ kn ¢affykng •ut my eX￿h￿n I havo Iglowed Iho
Dkotttloni kn bytho Chorlty Comrnlggl•n undor S••llott 145(51 Ib) 01th0 2011 ADL
Indepondont •x•mlMV8¥tat•rnM
I Im comykntsd my oMrnlnalloN l ¢•rflrni no mitt•Ys hav• c(AM ID nry attwrtlon In oonnoillm tho
ghTtng mo causo to bollov
a¢e•wllng regDrd% ww• not Yo￿8cl ￿ tho Compary 88rowIIBd hySgthIM 386 01th0 2006 Aol: •r
tho a¢cou•ts d• notaEGonl wlth tho1• ro¢•r* or
lkn accoThts do uol com* wllh Ihe a￿untIng Mqulrmwnts ol SO￿l0n ¥JB •1 tho 2008 Act othor thin
Yoquk•ment that th• *)ownts ¥vp a tru• and latr vlow not a mallw ooMldor•d
pwl ol an
dap•nd•rt gx*nlnatlon: •r
tkn accowits hava not bow w•pw•d kn agg•rdawo wllh tho rnothod¥ aThl ol Ibg Statornnt
R•Gmnmond•d Pta¢UM lor ao¢ountlmu amd reportlng by ¢h*ltle8 (appllmblo l• ¢harft* pityAYlng lh•
a•i•unts In a￿th1o tho FknanclAI Iloportlng Stanthd •ppllrnMD In th• UK Rgpthl¢ of tr•l•Thl (FRS
10¥1.
I hvo nfy ¢on¢•rns hav• ¢am• ao othw kn oonno•tlon wllh th• oxomknAlknn ts whloh attentlon
sh•uld 19 drawn l#lhb report kn ortsto emble ayworund•ratandlny olth•aKountstob• rea¢hed.
Mrll
1st FlooiWalor8klo HoMIg
Walw4do D
Wlgan
Lanca6hlM
WN35AZ
3 bNwll 2tyI4
PagD 6

QIIACE FouirrAIN CHIIRCH LIAvfiD
8laloHwnl olFlnan¢lalAetlvll
FOR THEYEAR ENDED ￿ DECEMBER
31.12.23
Um￿11¢to￿
ftmd
31.1222
Total
IMCOIKAMDEMDOWMENTSFROM
Do￿11•￿5 And lffjAeleg
101,106
040
Olh•rtradNq thll
1,7aO
Toial
io
90,254
EXPEIIDITURE OM
74217
IXwXabloactMII•J
ahana Mlsslong
1000
300
4,120
uc
Wo11 Pow•r
Clty ol Grxg¢hw¢h
ayor8Cl¥rlty
77,347
NET INCOME
4579
14907
RECONCILIATION OF FUNDS
Total lunds hroughtlonmard
170,879
157,972
TOTAL FUNDS CARIUEDFORWARD
170,879
Tho note* form part ol th•s•llwiolal
Page 7

QRACE FOUNTAIM CHURCH UMITED
B•lans•ShoOt
31 DECEMBER 2023
31.1228
Unrostrloted
nd
31.12.22
Total
lunds
FIXEDASSETS
Taffjlblo amal•
11
8B,874
CURRENT ASSET8
Debtoys
Cmh at bankaAd kn hand
14175
71020
Il124
87074
93,196
79,398
CnEDITOR8
Amountstsllng duo wllhln onpyoar
13
15,ffi1)
(8841
NET CIMIREIIT ASSETS
87,584
78114
TOTALASSETS LE88 CUIIREMT LIABIUTE8
17W8
Im879
NET ASSET8
17W8
170,879
FUNDS
Unroththd fi￿d8
14
176058
170
TOTALFIINDS
176,458
Th ¢lMil¥*lo ¢ornpany l• •nUlod lo ox•mpUDn fr•m audl uml•r S•ctlon 477 01 lh• Compml85 Act 2006 kn Iho y
•ndod al Drtembw 2021
Tho m•rnbors havo not Iho Comwy t• obt•kn * aull Df Its lkn•Na•l •tat•m•ts for Iho yur I￿1•d
81 D•¢on*•r2023 Inae¢ordAn¢o TATIth S•Etlm 476 01 thg CornpAnlo5 A¢1 200&
•n6wlAg tIMI lkn ¢hathbl• ¢•ny k•op• a¢MuAllng ro¢c¢di thnt Corn￿ wllh Sxthing 806 and 387 •1 Iho
ComparAei Act 2006 ond
opwlry 8lalw* whth ts * tiu• lalr ￿0W ol th• *ato th• thrltablp ¢oNyany
48 at th• ond ol flnllol￿ year and 01118 or dell¢ll for ea¢h lInand￿ yw In at¢wdarne wllh tho
IW*•m•nts olse￿10￿ 354 oad 395 aNI olhThlio Mmply WATIth tho i•qulremwts ol Ihe Compan1•$
Ib}
Thwo ilnm¢lal 81atam•nts hm b•en proved In awidw¢o vAlh lkn pml¥loA8 appllcthle lo ¢knrRa*lo ¢ompanlg1
sull•¢ttolh•small oompanl6Br•*m
Th• Ilnandal statsrn*ts wer• approved by Iho Boaid ol Trust￿ for 3 •WII 2024 ond wm
ed on Its bohaltbr.
FHOo•.Ttwts
Tho nota•lorm part ￿th￿01￿M￿￿11a1a￿￿l1
Pag•B

QRACE FOUNTAM CHURCH UMITED
Iloteslolhp Flnthikl Statsmont*
FOR THE YEAR ENDED 31 DRCIMBER 2023
ACCOIIIfflN& POLKIES
B•81• otprnwkng thollnwilal*lal•Ments
Thg ffflanilal stalemonb ol Iha ChOfft￿l9 conwnyp vthIEh l• a ￿￿116 enUty u*dor FRS 101 hm b•
pwed la a¢wd#nto wlth lh• Chthll* SORP IFRS 1021 'AtMnlkng •nd RoP•rtlnp by ChabllF•&' $tat•monl
of R￿arn￿Onded Pra¢lka apwlcablo to oharmles propwlry tholr ¥c(wnl8 In ascordanoe wllh th• Fknindal
Reportlng Stsnd•nl appllpablo IA th UK R•puMB ol lrnland (FRS 1021 {éff•ollve 1 January 2019Y, Fkninclal
Reportlng 8tandird 102 'The HMwclBI Roporlkng Slanlwd appllaable kn thg UK and Rop￿1¥ •1 and Iho
¢NnpanleÈAct 20￿ThI1￿￿1kn1 Btatonhints havo prnparod ¢oit Eonyw￿DN,
I knMm• l¥ r•cowknd In tho Staknwrt A¢tlvltl89 onco th• ¢h*tly wlMIoMffit to tho It
18 lhAt1￿ Iniome wll b• M¢olv•d ￿￿the*￿0￿￿t oan bo mg••w•d
Expqndllw•
Llablltt6s *• a8 oxpendturo 74 Mon u thoyo 1$ i legal oi ¢imstrnefvo obllBatlDm ¢On￿lI1￿1 tho
ffjh•ffty lo 1141 oxpoMthhff•, It Is prnboblo that a tranth •f ocoMoml¢ boAo11ts WAII bg In sotUom•nl and
th• w¥)unt ￿ the •bllgalloN ¢an bo rnea8ured r•llably. Exp•Thllluro Is ac¢ouAtod foi on an a¢cn•l$ IMI$ •MI
ha6 bmn ¢1ASSlnel undor h•adlng8 that •gJmat• all ¢o•l i•laled to th• ¢alowry. Wh•rn costs be
dlrath #llrtlMrt•d ts porknlw hoadlny8 Ihoy have blw allooat•d to xllvlll•• on a ba* Mn8111onl wlth tho IWO
TwLlbleflx•dass•ts
li wovldod at lkn l•llowlni annwl r*$ In (vder Io Valrfla •fl ov•r tt8 #ttmated unful
HI•.
2%onM
2U%slrnlW Ino
Planl and mmhl
Taxallon
Thp tharfty l• uomptimm ￿￿￿￿￿0n*aX OD its ¢hrllabloaellblH
Funda¢¢wnlkng
thnds ¢an be ooMthi¢•vlthlho chwltawg ob￿ve$￿t Iho th•u•llon ofthDthIsi
I10￿1￿ lunds o* for Pl￿¢￿14r mtrJ¢tod pwp060s wlhlrn Iho 0¥o1ts ot Ihg chfirfty.
Il•htrkllonsailg•whM spedlled bylh•dMw •rwlMilund8 ar•r4W lorpartlMlarra•trlctsd pwpM•%
Fwlh8r •xpkn•lkni ollh• nalw• andpwpow •feuhI￿d li In tha n•tssl• tho Ilna¢W stat•mont%
Tho chathlo Mmp•ry op•rkn a ddlnod ¢onbI1￿1kn pon*•n C•ntr*#Uorn piyablo to t
thry
EornpaThy'$ pon810Th 8¢homo ￿ ¢haYpd l• Iho Slat•rnont ol Hna*¢W A￿68 l* tho p•rlDd t• whl¢h
DONATION8 AND LEGACIES
81.12.23
31.1222
Qltt ald•d
Q•n•rnl Dll•rfng
53,526
47,580
03,J83
2V10
101,100
84001
Poga 9

8RACE FOIIMTAIM¢IIIIRCH LIIAITED
Nolestoth•FlnaN¢lal Slatemonts- eonlhwod
FOR THEYEAR ENDED31 DECEMBER2023
OTHER TrADING ACTIVrnE8
31,1128
81.1122
IIAISINA FUND8
Ralglw don*loM8and1og•d•s
31.1123
a1.1222
Salwl69*dways
Bknhop'strml oXPM1•8
supp￿ t•
1￿90
47,755
36024
75W3
64,452
Othwtradlng a¢tlvhlo•
31.12,23
31.12.22
Iloly Mmmunl•n, )Iowrf4, rofr•th•rtB•lo
0￿01$h orn1 f•llow4h* ovomts
323
11,874
8,330
15•7
Agiro*o •mounts
73,217
CIIARITABLEACTMTIES COSTS
Dkn
Blljkn s•¢hty
looo
Wel PovJBr
IntOMalloMI
Clly •f amta Cknrch
7110
Mayoys Cknlty
Pago10

anACE FOUNTAIN CHUR￿ UMITED
IIDtostolh•FhMn&lo1 Sl•lomonts. QOAWnwd
FOR THEYEAR ENDED31 DECEMBER 202J
SIIPPORT COSTS
Marngom•nt
47,755
NETINCOMEIIEXPENDmiRE)
Plot knpThl(ryendluM) lsstthl aftor ¢haYlAgl(Modlll49
31.12.23
31.12.22
DoP￿￿lIf￿ ￿ Wmgd ass•ls
4050
6053
TIIU8TEES' REIAUNERATION AND 8ENEFIT8
81.1223
31,1222
Bl$hop*sal•ry
8l•hop*ponulun g0nttlb•Uonst•d•fiA￿ bgmeffll gthemo
20,6J6
502
26,238
31.12%
81.1222
TnAt••¢ oxponwB
1WJO
1,$90
STAFFCOST$
Tho avrno N￿￿0101•m￿•y1O8d￿1vl yo•rwasaslollo
31,1228
31.1222
Ilo MWoy•6% r•¢•knd orndwnonts In •x¢o5s ol twooo.
10.
COMPAnATIVE8 FOA THESTATEMEKf OF FINANlaAL ACTIVITIE8
Unr05tddod
lund
INCOIAE AND EIIDOWMEMT8 FROM
Donthnsand legaole8
Olhw lrndlng wllvlN•s
9D354
J funds
73,217
ClwllA>loaotlvlllo•
aharn Mlsslon8
4,130
Totsl
77,347
Pag•11

RACE FOUNTAINCHURCH LMIITED
H￿•$t•1hg Fl•xlal Slatsmeiils• ¢onllnuod
FOR THEYUR ENDED31 DECEMBER 2ty23
10.
COMPARATIVE8 FOR Tlff STAITMEiif OFFIPIANCIALACTIVITES • oonlhwad
Unr•itilct
nd
NEf INCOMI
12,907
RECONCILIATION OF FUNDS
T•lal fumds kniughtloNYard
1570n
TOTAL FUNDS CAILWED FORWARD
170079
TANawLE MXEDASSETS
•AtoTrd
achl
lulldkng
rrtungs
Totsll
COST
Al1 January 2023
7J9B
168.742
1559
At 81 Do¢•nbor2023
123•3
7,2
38,182
1W01
DEPRECIATION
At1 knuary2023
ClwrgettyyOJi
32fft28
1,751
748TI
6,050
At 31 Do¢￿b•r20%J
3040
IIET BOOKVALUE
At 31 Doiombo12023
81,421
874
At 31 D•iombw 20
5,472
DEBTORS:AMouiif8 FALLIMA DUE WITHIN OMEYEAR
31,1123
a1.1222
HMRC gIftaId￿th•b1o
Prryaym•rts
14211
11,88J
M,175
12,124
Pago12

aRACE FOUNTMI CHURCH uMrriD
FOR THE YEAR ENDED31 DECEMBER 2023
13.
REDITORS:AMOUNTS FALUIIQ DUE wrrHIN OME YEAR
31.1223
31.12.22
Sodjl M¢wltyand othwt•XOS
Pen51ona¢iowt
A¢r*•ed oxpwm
274
140
4197
1￿13
14.
PMVEMEMT IN FUNDS
movom•nt
Inknds
A11.1.23
81.1228
UThvestrkledluN
Q•n•rnl fuNI
1m879
176N58
TOTALFIIMDS
1N079
176A58
N•t rnvqm0mtlnl￿* hI￿d9d kn th¢ abw• aro ai follo
IAcoml
r•Mw601 oxpend8d
Inf￿d&
Q•n•i4ll￿d
102,842
197,2631
TOTAL FUNDS
101842
(97,2631
579
CowaUv•sformov•mont In lun
mov•Menl
In
At 1.1.22
31.1122
unl8￿1*18￿1￿n￿•
aonoral furnl
157,972
12,907
170079
TOYAL FUNDS
157,972
12,907
170,879
Comparatlvo n•tmovom•nl th•ab•ve IM asfolkn
IneomlNJ
•xpgnd•d
In funth
UKYe•blotsdlwMIs
177,8471
11907
TOTAL FUN
90,254
177,3471
11907
Pog•13
Mnllnuod...

IIACE FOIINTAIM CHURCH LiwfED
NDt8s1olho RTranElal $1•1orn011ts v ¢•ntlmuod
FOR THEYEAR ENDED a1 DECEMBER 2023
14.
IAOVEMEMT IN FIIND8- conllnu•d
A wmtyw12 months andprforyw12 moAthI e•mbkno1 po￿10￿ knasfdlo
Al
31.1123
At1.122
tsnds
UmJtrh>t•d funds
Qon•Yal fund
1J7,972
18A86
176,458
TOTAL FIMD3
157,972
174458
A yea112 m•nlh8 •nd prlor y•ar12 morthl ¢ornblrnd nol mowm•nt In IAoknthd kn Ihe •bon ar•
Asfolhw8'
In¢onlng
Rg¥ourBo1
axpmthd
Inlund5
193,096
1174,6101
1B,486
TOTAL FUNDS
194096
1174,610)
18,486
RELATED PARTYDISCLOSURES
Th•r•wrn w i*l•d p*ty traAMBllw￿￿1lh0Y•￿ ondgd 31 Dx*20a
Pag•14

QRACE FOUNTAIN ￿V￿cH LIMITED
Dolal•dSlat•mrtrf Hnan¢lalArtlvlllos
FOR THEYUR ENDED31 DECEMBER 2023
31.1223
ai.12.22
IMCOPAEAND ENIIOWMINTS
Olft alded
0on•rnl 011othg
24418
101,106
81001
Olhrlradkno wllvi11•8
Othwlwom•
1,736
7¥3
101842
90,2B4
EXPENDITURE
dOn￿l0￿$•Id*￿g
Bt8hop*
Btshows pmslom •)othiuNons todofimd bellollt
24668
2J,656
582
BtghoW8 trnvd 0xpW￿s
1*90
27M28
27028
OthwtradnN a¢llvrt
H(ty cornmunlon, Ilowers rolrosknNbot¢
Oth&ha*d feltowthlp mnls
11,874
330
15N47
8,765
Ch*itahlfracthlt
IlltslonBIAd thrntlon•
6,288
4130
Woge8
slons
Watsr, l¥rt hoat
InAian
10,800
137
14810
11
7A54
314
685
412
2,019
3,820
419
510
131
Tthphom
P*0 and stalloxry
Admlnlglr&llDn gxyonf85
F4rowo11 and T•OHarn
Ewlpmont iopalrs
2,191
812
C￿n￿9
1W6
1,96B
1475
1,824
2,554
2,118
2A75
Fi¢eh•ld pr•perty
Plant8nd mBNwv
Flxtsr•i •d ililkn
1,701
47,785
20,624
Total M¥Wi#•i
77047
N•tln•omo
5,579
12,907
Th1•paY•d￿￿oI1•￿ pal rl lkn ¥taithtyiinaMlal slat•m•D18