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
Docusign Envelope ID: 917795EE-E027-4BDE-AD24-AE34B8186C21
## **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:
- **Safeguarding Compliance:** Risk of failure to maintain rigorous safeguarding standards in high-contact areas like Jigsaw and the CAP Debt Centre.
- **Volunteer Dependency:** Risk of service disruption due to high operational reliance on key volunteer leaders.
- **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**
Docusign Envelope ID: 917795EE-E027-4BDE-AD24-AE34B8186C21
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:
- Worship and prayer, teaching the gospel.
- Provision of pastoral care for the church family and local community.
- 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**
Docusign Envelope ID: 917795EE-E027-4BDE-AD24-AE34B8186C21
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.
- **As of 31 March 2025** , free reserves (General Fund balance) stood at: **£2,237** .
- **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**
- **Document Status:** Draft for Approval
- **Prepared By:** Anthony Taylor
- **Filing Path:** TRUSTEES / 01_GOVERNANCE / 1.4 Statutory Reporting
Docusign Envelope ID: 917795EE-E027-4BDE-AD24-AE34B8186C21
|||||||
|---|---|---|---|---|---|
||**GRACE CHURCH THAME**
**Registered Charity- 1124788**|||||
||**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**|
||||||**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**|
|---|---|---|---|
Docusign Envelope ID: 917795EE-E027-4BDE-AD24-AE34B8186C21
**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|
|||**50,159**|
|||**(120)**
(3,751)
**9,940**
**6,068**|