Mangravet Church working as Grace Community Church (Maidstone)
Report and Accounts Year ended 31 August 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
MANGRAVET CHURCH WORKING AS GRACE COMMUNITY CHURCH (MAIDSTONE)
LEGAL & ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 AUGUST 2022
ADDRESS FOR CORRESPONDENCE Grace Community Church Grove Road Maidstone Kent ME15 9AR GOVERNING DOCUMENT Deed of Trust dated 15 May 2007 CHARITY REGISTRATION NUMBER 1119181 TRUSTEES RESPONSIBLE FOR Anthony Rogers (stood down 20/09/2021) MANAGING THE CHARITY Charles Keith Alan Nash (stood down 01/03/23) Dave Thompson (appointed 20/09/2021) Su Mcfadden (appointed 25/07/2022)
BANKERS The Co-operative Bank plc Business Directplus INDEPENDENT EXAMINER Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Legal & Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts
Page 1
MANGRAVET CHURCH WORKING AS GRACE COMMUNITY CHURCH (MAIDSTONE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2022
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 August 2022.
Objects of the charity
The Trust seeks to demonstrate the Christian faith in the following ways:
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The advancement of the Christian religion both in the UK and overseas,
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The relief of the poor, sick, disabled and homeless.
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The advancement, for the public benefit, of religious or other education.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
The Church is not a building, but a gathering of people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to being a blessing to the area in which they live.
Grace Community Church, its Church Leaders, it’s Trustees and members are committed to the restoration of the New Testament principles. It is not alone in this. It is one of many churches in the area, nation and world wide that is rediscovering the excitement of knowing Jesus Christ. The vision is to see the community around Grace Community Church come to experience knowing Jesus Christ as Lord and Saviour and friend.
Church Services and other related meetings
This past year the church has been able to continue it’s services in the Church Building after making the transition from On-line to In Person Services in April 2021. During this year the church was able to continue with it’s online gatherings midweek, which then transitioned to a hybrid method which combined the online version with the In person in order to facilitate greater participation.
During the past year the church has hosted a number of outdoor and indoor fellowship activities to encourage people to connect in person, which has been particularly important given the period of isolation and separation people experienced in recent years due to the Pandemic.
The Church building has hosted and facilitated a Harvest Food Collection with a local Charity MADAM which exists to support the marginalised and needy in the local community.
Alongside this the church has also undertaken a collection during our Christmas Carol Service for an oversees Charity which supports children in South Africa.
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Community Events
Further to this the church has also been able to host events for the benefit of the local community which have been a great opportunity for the church to develop new relationships with the Community. We anticipate being able to complete other events of this kind in the coming year.
Other Church Activities
Church volunteers have also continued to be involved with other initiatives including:
Distribution of ‘Good News’ newspaper
MacMillan Coffee Mornings Maidstone Street Pastors Starfish Malawi Life Café and food parcels.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
The church building has continued to be used on a daily basis by a local pre-school, which has about 25 children on its roll.
The church premises is used as a Polling Station and has been hired by the local community for events such as children's parties and other family life celebrations.
Most the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts.
Other Organisations and Work Supported by the Church
The church continues to support the work of Maidstone Street Pastors, The Family Trust and bible correspondence courses in southern Africa, all with prayer and finance.
Financial review
Since May 2021, Pastor Charles Keith and Pastor Becky Keith have continued to be employed by the Church on a part -time basis. Their combined salaries amount to the equivalent of one full – time post.
The past year has seen the successful completion of phase 1 of the building project. At the beginning of the build the church had total of £247382 to put towards its completion. Fortunately through continued fundraising and the donations from the Church Members the church was able to successfully pay for phase 1 in full.
During the past year and since the completion of phase 1 the church has continued to pursue further funding to complete the project through grant applications as well as fundraising events. The church currently has over £10,000 accrued towards phase 2 of the Building Project. We are confident that continued fundraising and grant applications will enable us to secure the amount required to complete the project in it’s entirety.
The Trustees set a cautious budget and continued to monitor commitments and reserves on a monthly basis. Forecast outturns compared to the budget were also reviewed regularly. The congregation have continued to support the church with their giving.
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Reserves policy
In the event of unforeseen financial circumstances historically the church has, through the generosity and commitment of church members, met any needs as they have arisen. It is the Trustees policy to have a three-month surplus of funds, circa £8,500 to £13,000. During the past year we have now agreed the increase in the reserve fund so that it is now £13,000. At the year - end the unrestricted general reserves are in excess of this at £ 19,376.
Governance
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the Trust.
New trustees are appointed by the Church Leadership Team. Any appointed trustees are people appointed from within the church and have proved themselves in integrity and the shared vison for the aims of Grace Community Church. One of the trustees, Charles Keith, is employed as part-time pastor. He, Becky Keith and Alan Nash are also part of the Church Leadership Team.
The church is in fellowship with the Assemblies of God in Great Britain and the Evangelical Alliance and is also part of Churches together in Maidstone.
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
Charles Keith
……………………………………………………….. Charles Keith
Date: 15 May 2023
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
MANGRAVET CHURCH WORKING AS GRACE COMMUNITY CHURCH (MAIDSTONE)
I report to the trustees on my examination of the accounts of Mangravet Church working as Grace Community Church (Maidstone) ('the charity') for the year ended 31 August 2022 on pages 6 to 9 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 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 giving me cause to believe that in any material respect: 1. accounting records were not kept in accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records.
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.
Sarah Crispin
Sarah Crispin ACA
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 22 June 2023
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MANGRAVET CHURCH WORKING AS GRACE COMMUNITY CHURCH (MAIDSTONE)
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2022
| Notes Income receipts Donations Gift aid receipts Hire of premises Interest received Other Total receipts Payments 2 3 Total payments Transfers between funds Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before transfers Grants paid in relation to charitable activities undertaken by others Payments in relation to charitable activities undertaken directly |
General Designated Funds Funds £ £ 31,297 - 6,719 - 8,130 - - 93 1,622 - 47,768 93 44,978 151,760 1,520 - 46,498 151,760 1,270 (151,667) (5,000) 5,000 (3,730) (146,667) 23,106 151,716 19,376 5,049 Unrestricted Funds |
Restricted Funds £ 42,497 3,619 - - - 46,116 134,825 246 135,071 (88,955) - (88,955) 95,685 6,730 |
2022 £ 73,794 10,338 8,130 93 1,622 93,977 331,563 1,766 333,329 (239,352) - (239,352) 270,507 31,155 |
2021 £ |
|
|---|---|---|---|---|---|
| General Funds £ 31,297 6,719 8,130 - 1,622 47,768 44,978 1,520 46,498 1,270 (5,000) (3,730) 23,106 19,376 |
|||||
| 40,395 8,823 8,360 575 1,325 |
|||||
| 59,479 | |||||
| 34,209 600 |
|||||
| 34,809 | |||||
| 24,670 - |
|||||
| 24,670 245,837 |
|||||
| 270,507 |
The notes on pages 8 - 9 form part of these accounts.
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MANGRAVET CHURCH WORKING AS GRACE COMMUNITY CHURCH (MAIDSTONE)
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 AUGUST 2022
| A Cash funds Cash at bank with immediate access Petty cash B Other monetary assets Gift aid due to charity HMRC NI Overpayment C Liabilities Fee for Independent Examination Building project |
General Designated funds funds £ £ 19,353 5,050 23 - 19,376 5,050 2,193 - 1,750 - 3,943 - 960 - - - 960 - Unrestricted Funds |
Restricted funds £ 6,730 - 6,730 145 - 145 - 4,139 4,139 |
2022 £ 31,133 23 31,156 2,338 1,750 4,088 960 4,139 5,099 |
2021 £ |
|---|---|---|---|---|
| 270,498 9 |
||||
| 270,507 | ||||
| 2,953 - |
||||
| 2,953 | ||||
| 960 283,134 |
||||
| 284,094 |
The liability for the Building Project is repayable in stages and the Trustees are confident that sufficient funds will be available to the charity to meet this cost full.
D Assets retained for charity's own use
| Freehold Building Equipment |
Fund to which asset belongs General General |
Current value £ |
|---|---|---|
| 921,397 12,077 |
||
| 933,474 |
The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
The accounts were approved by the trustees and signed on their behalf
by Charles Keith date -------------------------------------------15 May 2023 Charles Keith
The notes on pages 8 - 9 form part of these accounts.
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MANGRAVET CHURCH WORKING AS GRACE COMMUNITY CHURCH (MAIDSTONE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2022
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Salaries Assemblies of God Contribution Children's Work - Resources Outreach & Fellowship Ministry and Fellowship Gifts Administration Building Maintenance Building Project Utilities & Insurance Licences & subscriptions Accounts Prep & Examination Ministry, Conferences & Other Expenses |
Unrestricted Fu General funds £ 34,074 1,526 102 619 650 1,871 580 - 3,318 1,079 990 168 44,978 |
nds Designated funds £ - - - - - - - 151,760 - - - - 151,760 |
Restricted Funds £ - - - - - - - 134,825 - - - - 134,825 |
Total 2022 £ 34,074 1,526 102 619 650 1,871 580 286,585 3,318 1,079 990 168 331,563 |
Total 2021 £ |
|---|---|---|---|---|---|
| 22,498 1,645 97 1,741 491 1,317 814 977 2,207 1,094 960 366 |
|||||
| 34,209 |
| 3 Grants paid in relation to charitable activities undertaken by others Grants for: Overseas mission Relief of poverty Local Mission |
600 - 920 1,520 |
- - - - |
165 81 - 246 |
765 81 920 1,766 |
600 - - |
|---|---|---|---|---|---|
| 600 |
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MANGRAVET CHURCH WORKING AS GRACE COMMUNITY CHURCH (MAIDSTONE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2022
4 Transactions with related parties
Charles Keith served as church leader and was paid £16,898 (2021: £5,500) and a pension contribution of £507 (2021: £540) for serving in that capacity, not for serving as a trustee; this payment is permitted by the charity's governing document.
Rebecca Keith, spouse of Charles Keith a trustee, served as church leader and was paid £12,122 (2021: £12,500) and a pension contribution of £388 (2021: £375); this payment is permitted by the charity's governing document.
No other amounts were paid or are payable to any trustee or to any person connected to them other than the reimbursement of expenses incurred on behalf of the charity.
5 Movement of funds
| General funds Designated Building Fund Designated AOG Zone Days Restricted funds Building Fund Tear Fund Starfish Total funds |
Balance at 31.08.21 £ 23,106 151,667 50 - 174,823 95,665 - 20 95,685 270,508 |
Receipts £ 47,768 93 - - 47,861 45,890 81 145 46,116 93,977 |
Payments £ (46,498) (151,760) - - (198,257) (134,825) (81) (165) (135,071) (333,329) |
Transfers £ (5,000) 5,000 - - - - - - |
Balance at 31.08.22 £ 19,376 5,000 50 - |
|---|---|---|---|---|---|
| 24,426 | |||||
| 6,730 - - |
|||||
| 6,730 | |||||
| 31,156 |
The Building Fund is for the replacement of two life expired wooden buildings with a single modern, purpose-built annexe to enhance facilities for the church and the local community.
The Starfish Malawi Fund is for a Christian organisation whose mission is to reduce extreme poverty and build the Kingdom of God in the lives of children, through collaborative work within communities, schools and churches in the UK and Malawi.
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