Docusign Envelope ID: 917795EE-E027-4BDE-AD24-AE34B8186C21
Trustees' Annual Report & Accounts (Year End 31 March 2025)
Field Detail Document Title Trustees' Annual Report & Accounts (FY 2024–2025) Document ID 03_FIN_ACC_AnnualReport_20260119_V1.0.PDF Filing Location TRUSTEES / 03_FINANCE & FUNDRAISING / 3.5 Statutory Accounts & Returns Master Reference MORMPS V1.7 § 3.5 Effective Date 19 January 2026
Section 1: Reference and Administrative Details
Item Detail Charity Name Grace Church Thame Registered Charity Number 1124788 Principal Address 72 Roundhead Drive, Thame, Oxfordshire OX9 3DJ Principal Bank CAF Bank Independent Examiner AD Pottie & Co
Trustees Serving During the Year (01 April 2024 – 31 March 2025)
| Name | Role | Date Appointed / Resigned |
|---|---|---|
| Anthony Taylor | Chair / Bookkeeper | 12/03/2011 |
| Jane Jubb | Trustee | 16/10/2014 |
| Aileen Stanley | Trustee | 16/10/2014 |
| David-John Williams | Trustee | 08/03/2021 |
Current Trustees / Appointments Since Year-End
- Susan Layton (Appointed 11 November 2025) — Treasurer
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Section 2: Structure, Governance, and Management
Governing Document
The charity operates under its Trust Deed adopted on 29 August 2007 .
Recruitment and Appointment of Trustees
Trustees are appointed by recommendation and by the existing Trustees as described in the Declaration of
Trust. New Trustees are inducted using the Charity Commission's guidance and are provided with copies of the charity's key policies.
Trustee Induction and Training
All Trustees receive mandatory training on their legal responsibilities, the charity's Conflicts of Interest Policy and the Financial Controls Policy .
Risk Management
The Trustees confirm that a formal review of the major risks to which the charity is exposed is undertaken annually. Key risks managed include:
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Safeguarding Compliance: Risk of failure to maintain rigorous safeguarding standards in high-contact areas like Jigsaw and the CAP Debt Centre.
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Volunteer Dependency: Risk of service disruption due to high operational reliance on key volunteer leaders.
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Financial Sustainability: Risk of a substantial decline in voluntary income impacting the charity’s ability to cover fixed operating costs and maintain its 3-month reserve target.
Section 3: Objectives and Activities
Charitable Objects
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Grace Church Thame is committed to the advancement of the Christian Faith and to demonstrate the love of
Christ in practical ways, including the relief of poverty, sickness, hardship, and distress , together with education based on Christian principles .
Public Benefit Statement
The Trustees confirm they have referred to the Charity Commission’s general guidance on public benefit when planning activities. Main activities include:
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Worship and prayer, teaching the gospel.
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Provision of pastoral care for the church family and local community.
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Mission and outreach work, including the CAP Debt Centre and Jigsaw Babies and Toddlers group.
Section 4: Achievements and Performance
Review of the Year
The 2024-2025 financial year focused on the Discipleship Making Movement (DMM) model, prioritising outreach and community engagement. Key milestones included 8 baptisms in September 2024 . Social welfare impact was maintained through the CAP Debt Centre (14 new clients) and Jigsaw (30 unique families weekly). Total volunteer commitment reached 1,300 hours .
Key Statistics
| Focus Area | Metric | Value | Impact |
|---|---|---|---|
| Spiritual Growth | Individuals baptised | 8 | Demonstrates deep spiritual commitment. |
| Community Service | Jigsaw (Avg Weekly) | 30 | Supports estimated 70+ local families. |
| Relief of Hardship | New CAP Clients | 14 | Intensive debt counselling provided. |
| Volunteering | Total Hours | 1,300 | Intensive commitment across core teams. |
Section 5: Financial Review
Principal Funding Sources
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Primary funding is voluntary income from members and regular attenders, largely through Gift Aid eligible donations.
Reserves Policy
The Trustees target holding 3 months of unrestricted operating costs.
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As of 31 March 2025 , free reserves (General Fund balance) stood at: £2,237 .
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Cash Balance: The charity remains a going concern with a healthy cash balance of £50,446 .
Investment Policy
All surplus funds are held in instant access, low-risk accounts with UK-regulated institutions (CAF Bank).
Section 6: Declaration
The Trustees declare that they have approved the Trustees' Annual Report above.
Signed on behalf of the charity's Trustees:
Name Position Signature Date 20/1/2026 Anthony Taylor Chair 310CAD6D50AD4AF... Susan Layton Treasurer 20/1/2026 | SuseSigned by: laytow
Date of Approval: 19 January 2026
Section 7: Document Control
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Document Status: Draft for Approval
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Prepared By: Anthony Taylor
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Filing Path: TRUSTEES / 01_GOVERNANCE / 1.4 Statutory Reporting
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| GRACE CHURCH THAME Registered Charity- 1124788 |
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| Financial Statements Year Ended 31 March 2025 |
2024/25 Totals £'s |
2023/24 Totals £'s |
|||
| Summary of Balances General Funds Acts IV Fund New Frontiers TOTAL FUNDS |
2,237 710 51,398 54,345 |
6,068 780 47,236 |
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| 54,084 | |||||
| Financial Statements Year Ended 31 March 2025 CASH AT BANK CAFcash Bank CAF Bank Petty Cash TOTAL FUNDS Manse Loan Accounts Receivable Accounts Payable TOTAL NET ASSETS |
2024/25 Totals £'s 4,509 45,759 178 50,446 5,000 - (1,101) 54,345 |
2023/24 Totals £'s 5,032 44,688 140 49,860 5,000 - (776) 54,084 |
|
|---|---|---|---|
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GRACE CHURCH THAME Registered Charity 1124788
| General Funds Income Offerings Gift Aid Tax Recovered Other Income Interest Received Grant Expenditure Staff Costs Working Expenses – lead elder Manse - Council Tax/Rates etc. Insurances Premises Hire Training/Conferences Stationery Sunday Mornings Outreach/Publicity Jigsaw Mission Support Travel Exp Visiting Speakers / locums Catalyst gift & festival costs PA/Tape/Music Fund Raising & Governance cost Net Income/(Expenditure) Net Transfer to Restricted Funds Balance B/fwd Balance C/fwd |
37,458 10,168 3,922 1,096 600 53,244 33,698 427 3,024 459 5,381 1,334 117 1,550 326 2,461 1,350 224 - 2,300 60 630 53,341 (97) (3,735) 6,068 2,237 |
36,326 8,774 3,950 990 - |
|---|---|---|
| 50,039 | ||
| 32,220 346 3,012 419 4,650 225 385 1,420 140 1,453 2,368 56 100 2,400 203 761 |
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| 50,159 | ||
| (120) (3,751) 9,940 6,068 |