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← Graceworks

2023-12-31-accounts

Trustees’ annual report for the period

From: 1[st] January 2024

To: 31[st] December 2024

Charity name: Graceworks

Charity registration number: 1110309

Company number:

Objectives and activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To enable and advance communication of
Christian faith in schools
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 1.17 and
1.19		 Through religious education, collective
worship, school lunchtime clubs, sports
and youth and children club activity
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The charity trustees
have due regard to
guidance on public benefit published by
the commission;

Additional information (optional)

You may choose to include further statements where relevant about:


SORP reference
Policy on grant making Para 1.38 N/A
Policy on social investment
including program related
investment		 Para 1.38 N/A
Contribution made by
volunteers		 Para 1.38 N/A
Other N/A

Achievements and performance

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.		 Para 1.20 As usual we have been welcomed back in
to all our existing school plus we have
been approached by new schools for
assistance
The work force has changed we have
gone from employing two members of
staff one full time and one part time to in
September this year employing a new
part time member of staff both employees
have moved on within the ministry locally
which is a blessing for Graceworks to see
them develop within their own rights
Our new part time member of staff is
doing a fantastic job and we hope this
will give the trust a chance to recoup
some money and maybe this year either
recruit another part time member of staff
or increase our part time worker to full
time

Additional information (optional)

You may choose to include further statements where relevant about:


Achievements against
objectives set
Para 1.41
Following the continued support of our
supporter base we have been able to
continue our work with a part time
member of staff
Performance of fundraising
activities against objectives
set		 Para 1.41 Funding has remained steady this year
and with both workers moving on and
reducing our cost to one part time
member of staff we have been able to tick
along nicely
Investment performance
against objectives		 Para 1.41 N/A
Other N/A

Financial review

Financial review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 2024 has been a very steady year for
income so we have not had to use any
reserves and still have a healthy bank
balance
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We will be working at 9 months reserve
once we reduced to one part time worker
on the 25th August 2024
Amount of reserves held Para 1.22 £14,374
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A

Additional information (optional)

You may choose to include further statements where relevant about:

N/A Para 1.47 The charity’s principal sources of funds (including any fundraising) N/A Para 1.46 Investment policy and objectives including any social investment policy adopted N/A Para 1.46 A description of the principal risks facing the charity N/A Other

Structure, governance and management

Description of charity’s
trusts:
Type of governing document:
for example,trust deed,
memorandum and articles of		 Para 1.25 Trust deed
association etc
How is the charity
constituted?
for example limited company,
unincorporated association,
CIO		 Para 1.25 Charitable trust
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 New Trustees are appointed by the
trustee Board.
Officers of the trust are appointed by the
trustees annually

Additional information (optional)

You may choose to include further statements where relevant about:

N/A Para 1.51 Policies and procedures adopted for the induction and training of trustees N/A Para 1.51 The charity’s organisational structure and any wider network with which the charity works N/A Para 1.51 Relationship with any related parties N/A Other

Reference and administrative details

Charity name Graceworks
Other name the charity uses
Registered charity number 1110309
Charity’s principal address 62 Crowlands Avenue RM7 9JB

Names of the charity trustees who manage the charity

Trustee name
Office (if any)
Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
1
Charlotte Clayton
Chair
2
Debra Barrett
Treasurer
3
Chizu Ofoajoku
Secretary
4
Jonathan Maltz
5
BradleyShaw
1stNovember 2024
6
Jason Lilly
18thJuly2024
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Corporate trustees–names of the directors at the date the report was approved
Director name
N/A		 Trustee name Office (if any) Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee (ifany)
Charlotte Clayton Chair
Debra Barrett Treasurer
Chizu Ofoajoku Secretary
Jonathan Maltz
BradleyShaw 1stNovember 2024
Jason Lilly 18thJuly2024
Director name N/A

Name of trustees holding title to property belonging to the charity

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity		 N/A
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects		 N/A
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets		 N/A

Additional information (optional)

Names and addresses of advisers (optional information)

Names and addresses of advisers (optional information) addresses of advisers (optional information)
Type of
adviser		 Name
Address
Name of chief executive or names of senior staff members (optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The company has taken advantage of the small companies’ exemption in preparing the report above.

The trustees declare that they have approved the trustees’ report (including directors’ report) above.

Signed on behalf of the charity’s trustees/directors

Signature(s) Full name(s) Charlotte Clayton

Debra Barrett

Position (for example Chair Secretary, Chair, etc)

Treasurer

Date

10 / 02 /2025

Graceworks
 Graceworks
 Graceworks
 1110309 CC16a
For the period
from		 Period start date
1/1/2024		 To Period end date
12/31/2024
Section A Receipts and payments
A1 Receipts
Grants and Gifts
22,050
Tax Recovered
471
interest
29
-
-
-
-
-
22,550
-
-
Sub total -
Total receipts 22,550
A3 Payments
-
Fees and salary
21,145
Admin and Training
60
Expenses
858
-
-
-
-
-
Sub total 22,063
-
-
Sub total
Total payments 22,063
Net of receipts/(payments) 487
A5 Transfers between funds
-
A6 Cash funds last year end
13,886
Cash funds this year end 14,374
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)		 to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds		 to the nearest £
Endowment
funds		 Total funds
to the nearest £
22,050
471
29
-
-
-
-
-
22,550
-
-
-
22,550
-
21,145
60
858
-
-
-
-
-
22,063
-
-
22,063
487
-
13,886
14,374		 Last year
to the nearest £
- 22,050 33,237
- 471 507
- 29 -
- - -
- - -
- - -
- - -
- - -
- 22,550 33,744
- -
- - -
- - -
- 22,550 33,744
- - -
- 21,145 34,391
- 60 60
- 858 1,172
- - -
- - -
- - -
- - -
- - -
- 22,063 35,623
- -
- -
-
- 22,063 35,623
- - 487 - 1,879
- - - -
- - 13,886 -
- - 14,374 13,886

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees		 Details
Bank Balance
Details
Details
Details
Details
Signature
D Barrett
Total cash funds
(agree balances with receipts and payments
account(s))		 to nearest £
to nearest £
14,374
-
-
-
-
-
14,374
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Debra Barrett
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)		 to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
D Barrett Debra Barrett

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Graceworks

31 December 2024 1110309

Report to the trustees/ members of On accounts for the year ended Charity no (if any) Set out on pages 1-2

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2023.

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements 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.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and 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: Name: Alan Gray Relevant professional qualification(s) or body (if any): Fellow of Institute of Chartered Accountants in England and Wales (FCA ) Address:

73 Shepherds Hill

October 2018

1

IER

Harold Wood

RM3 0NP

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).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER