, # Mangravet Church Working as Grace Community Church (Maidstone) ~ # Report and Accounts Year ended 31 August 2023 Mangravet Church working as Grace Community Church (Maidstone) Legal and Administrative Details. For the year ended 31% August 2023 |Address for correspondence|GraceCommunity Church|| |---|---|---| ||Grove Road
:|| ||Maidstone|'| ||Kent|| ||ME159AR|| |Governing document|Deed oftrust dated 15 May 2007|| |Charity registration number|1119181|| |Trustees responsible for|Charles Keith from 10 December|| |managing the charity|2019 - Chair|| ||Timothy Parfitt from 27 March|| ||2023|| ||David Thompson from 20|.| ||September 2021|| ||Su Mcfadden from 25 July 2021|| |||"| |Bankers|The Co-Operative Bank plc|| |Independent Examiner|Stephen Hendy|| ||Data Developments|7| ||First Floor, The Chubb Buildings|| ||Fryer Street, Wolverhampton|| ||West Midlands WV1 1HT|| ||Index|| ||Legal &Administrative Details
Trustees’ Report|e| ||Independent Examiners Report
Receipts and PaymentsAccount|ar:
»
*| ||Statement ofAssets & Liabilities|a| ||Notes to the Accounts|| ||Page2|| . - = | ; | | ## Mangravet Church working as Grace Community Church (Maidstone) ## Report of the Trustees For the year ended 31° August 2023 The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 August 2023, ## Objects of the Charity The trust seeks to demonstrate the Christian Faith in the following ways: 1. The advancement of the Christian religion both in the UK and overseas, 2. The relief of the poor, sick, disabled and homeless, 3. The advancement, for the public benefit, of religious and other education. Summary of the charity's main activities and achievements Church Services and other related meetings ## Community Events ## Other Church Activities ## Other organisations and Work Supported by the Church ## Financial review ## Reserves policy ## Governance The policy and operating decisions of the charity rets 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 or those outside of the church who are approved by the Leadership Team and have proved themselves in integrity and the shared vision for the aims of Grace Community Church. One of the trustees, Charles Keith, is employed as part-time pastor. He and Becky Keith 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 as well as being 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 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. Page 3 3 We also have a responsibility to safeguard the assets of the charity and to take reasonable care to prevent fraud or any other irregularities. ## Approval This report was approved by the trustees and signed on their behalf by:- Za , reer ee oe Date 18" February 2024 Page 4 a ## Independent Examiner's Report To the Trustees of Mangravet Church working as Grace Community Church (Maidstone) ## Accounts for the year ended 31*' August 2023 ## Respective responsibilities of the Trustees and the examiner The charity's trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the Charities Act to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. ## Basis of the Independent Examiner's statement My examination was carried out in accordance with the 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 these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required for 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. ## Independent examiner's statement In connection with my examination, no material matter has come to my attention which gives me cause to believe that in, any material respect: Accounting records were not kept in accordance with section 130 of the Charities Act, or the accounts do not accord with the accounting records accounts do not accord with the accounting records ‘ | 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 the accounts to be reached. Date: 9'" February 2024 ; Signed: ». Stephen Hendy ‘ ; Data Developments First Floor, the Chubb Buildings , Fryer Street, Wolverhampton - West Midlands WV1 1HT | 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 the accounts to be reached. Page 3 = i ; " ## Mangravet Church working as Grace Community Church (Maidstone) ## Receipts and Payments Account ||Unrestricted|Designated|Restricted|Endowment|Total|Prior year| |---|---|---|---|---|---|---| ||funds|funds|funds|funds|funds|total funds| |Incomeandendowments from:||||||| |Donationsandlegacies|38,326||7,292||45.618|84,132| |Other trading activities|12,639||||12,639|8,130| |Other income|40||||40|1716| |Total incomeandendowmentsfrom:|$1,005||7,292||58,297|93,977| |Expenditure on:||||||| |Raising funds||||||| |Expenditureoncharitable activities
Total expenditureon:|44,640
44,640||4489
4,489||49,129
49,129|333,328
333,328| |Netincome |(expenditure)|6,365||2,803||9,168|(239,351)| |Transfers||||||| |Grosstransfers between funds - in
Gross transfers between funds - out
Netincome /(expanditure)|(450)
§,915|55
(55)|450
3,253||505
(505)
9,168:|(239,351)| |Otherrecognised gains /losses||||||| |Gains / losses on investment assets||||||| |Gains on revaiuation, fixed assets, charity's own||||||| |USB||||||| |Netmovement infunds|6,915||3,253||9,168|(239,351)| |Totalfunds brought forward|18,426|5,050|6,680||34,156|270,507| |Total funds carriedforward|25,341|5,050|9,933||40,324|34,156| |Represented by||||||| |Unrestricted
Generalfund|25,341||||25,341|18,426| |Designated
AOQG Zone Days
BuildingFund
Pay It Forward||50
5,000|||50
5,000|50
5,000| |Restricted||||||| |BulidingFund|||9,933||9,933|6,680| * Page 6 ~ t ## Mangravet Church working as Grace Community Church (Maidstone) ## Statement of assets and liabilities ||||General|Designated|Restricted Endowment|This year||Last year| |---|---|---|---|---|---|---|---|---| |Currant assets -Cash at bankand In||hand||||||| |Co-OpCommunity Direct Plus-
Gash Suspense -|= *|Totals|25,366
(25)
25,341|4,995
55
5,050|9,933
9,933|40,294
30
40,324|-|31,133
23
31,156| ||Grandtotal||25,341|5,050|9.933|40,324||31,156| |Othermonetary assets||||||||| |Gift aid dueto Charity||||||||2,953| |HMRC NI Overpayment||||||||1,750| |||Totals||||||4,088| |Liabilities||||||||| |Fee forthe Independent Examination|||350|||350||960| |Building project||Totals|350||4139
4139|4,139
4489||283,134
284,094| Assots retained for the charity's own use ; Freehold Building 921,397 Equipment 12,077 933,474 The Irustees have Used insurance values as [he trustees are Unable to reliably estimate current values: insurance values may differ materially from current values. **----- Start of picture text -----**
The accounts were approved and sign on their behalf by
YZae date 18.2.24
**----- End of picture text -----**
## Charlies Keith The noles on pages XX to XX form part of these accounts. **----- Start of picture text -----**
LI]
**----- End of picture text -----**
-¢ ro Page 7 ## Mangravet Church working as Grace Community Church (Maidstone) ## Fund movement by type **----- Start of picture text -----**
Opening Incoming Outgoing Transfers Gains/osses Journals Closing
PIF - Pay It Forward
Designated
Sub-total for PIF
General - General fund
Unrestricted 19.426 51,005 44,640 (450) 25.341
Sub-total for General 19,426 51,005 44,640 (450) 25,344
AOG - AOG Zone Days
Designated 50 50
Sub-total for AOG 50 50
Building - Building Fund
Designated 5,000 §,000
Restricted 6,680 7,292 4,469 450 _ ; 9,933
Sub-total for Building 11,680 7,292 4,489 450 14,933
Grand total 34.156 58,297 49,929
Analysis of receipts of receipts receipts and payments
Total
Unrestricted Designated _Restricted Endowment This vear Last vear al
INCOME AND ENDOWMENTS
Donations and legacies
1101 - General Offering 6,782 6,782 73,794 “s
1102 - Gift Ald General Offering 23,090 110 23,200 10,338
1103 - Building Fund 100 3,792 3,892
1104 - Gift Aid Building Fund 2,730 2,730
1107 - Tax Recovered General Fund oa72 5,972
1108 - Tax Recovered Building Fund 661 661
1110 - Sunday Collections 2,382 2,382
1111 - Pay It Forward Fund
1112 - Gift Aid Pay It Forward Fund
Total 38,326 7,292 45,618 84,132
x
Other trading activities
1106 - Hall Hire 12,639 12,639 6,130 ‘
Total 12,639 12,639 8,130 ,
Other income
1109 - Other Income 40 40 1,622 :
1113 - Interest Received 93
INCOME TOTALTotal 51,00540 F292 58,29740 93,9771,715
**----- End of picture text -----**
## Analysis of receipts of receipts receipts and payments ## INCOME AND ENDOWMENTS Page &