GRACE CHURCH YATE
REPORT & FINANCIAL STATEMENTS
31 DECEMBER 2023
Charity Number 1133210

GRACE CHURCH YATE
CONTENTS
YEAR ENDED 31 DECEMBER 2023
Contents
Pages
Trustees, Annual Report
Reference & Administrative Information
Independent Examinef s Rewrt
Statement of Financial Activities
Balance Sheet
Notes to the financial statements
8-15
The follo￿Ing pages do not fom) part of the Financial Statements
Detailed Statement of Financial Activities
16-18

GRACE CHURCH YATE
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
The trustees present their report and the unaudited financial ststements ofthe charrty for the year ended
31 December 2023.
STRUCTURE GOVERNANCE AND MANAGEMENT
A constitution governs the charitable assets of the church from a legal perspective in accordance wvth
the requirements of charity law Iconsb"tution adopted 12th May 2009 as amended on 11 March 20131
Regulations affecb.ng the spiritual govemance of the church are contsined In a separate document
enliued 'Rules and Regulations..
In this church it shall be the Elders and Deacons, not otherwise disqualrfied from being trustees, who
together, by the nature of their responsibilrties. shall bethe chartytruslees, referred to in the constitub.on
as the'office Bearers_.
There must be a minimum of three Office Bearers at all ts"mes. The Church Members, Meeting, acting in
accordance wrth the procedures set out in the constf(ution, shall appoint. remove and accept the
resignation of Office 8earers.
The charity seeks to appoint new trustees as and when Ihe cuThent trustees see a requirement for
additional trustees as part of the continuing nature of the charity. Training new ttuslees starts with an
assessment that indwiduals meet Criteria sel out in the bible. then a period of tesb.ng Is undertaken
before a final recommendation is made by the trustees to a general church meeting for recognising a
new individual joining the team of trustees.
CHAWTY O&JECTNES
The principal objectwe of the charty is the advan￿ment of the Christian faith according to Baptist
principles and in accordance with the Basis of Farth as stated in rts constrtution. The charity may conduct
other charitable purposes in the Unrte(l Kingdom an¢Yor other parts of the world.
The charity seeks to fijlfil this objectwe by being a local church wth a wde scope of different activities
hich include propety ownership for holding public meetings. provision of housing and fund raising.
MAIN ACTIVITIES FOR PUBUC BENEFIT
The church runs meetings open to all the public including worship, children's clubs and meetings for
older ftslk. The church gives funds for the relief of poverty in the UK and overseas.
The church proclaims the gospel as described in the Basis of Faith in the constitution and encourages
believers in the exercise of this faith.
The trustees have given due consideration to Charity Commission published guidance on the operation
of the public benefit requirement and consider the open meetings, support for non-members, running of
children's clubs, relief of poverty and provision of housing meet these requirements.
ACHIEVEMENTS IN THE YEAR
The church has wovered from the Global pandemi¢ of Covid-19. Actiwties stsrted fully again after the
removal of all restrictions during 2022. During the year most activth.es had restarted.
The gospel was preached consistently over the year in accordance with the Basis of Faith set out in
the constrtulion.
Support for other UK and overseas charities was maintained.

GRACE CHURCH YATE
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
The church purchased a propety in Yate in 2012 and moved into the propety in August 2013 after
some initial development.
The ¢hur¢h bvitt a new ¢hur¢h hall during 2019 which ¢*ers for a larger number of people and il was
opened for church meetings towards the end of 2019. Some aspects of the development of the site
continued into 2022 and there is a small amount of work which was completed in 2023. Some retentions
are payable in 2024.
The church rented residential flats from part of the propety during the year. Income from these rents is
considered part of the general fvnds of the church and is available to fvnd any activities of the church.
Priority for these funds is loan repayments and continuing property development.
FINANCIAL REVIEW
The church expenditure on Charrtable acb"vrtie5 15 set OLrt in Note 5 and amounts to £143,295 12022
£125.7731. Additional expendrture. as sel oul in Note 4. of £22.14712022 £22.1561 is for managing the
rentsl properties which generate their own income to ¢over these Costs. The ￿mainIng £143.295 the
Trustees consider is expenditure in pursuit of the nomial ath'vth'es of a church. The church appointed a
full-time elder in September 2023.
The church expenditure on the development of the buildings amounted to £9,17012022 £2,506) in the
year. The church began holding meetings in the new church hall in 2019. All aspects of the building are
considered completed in 2023. Some retents.ons are due to be paid in 2024.
The Trustees seek lo maintain cash balances of a minimum of £20.000 to Continue the nom)al ¢hur¢h
activities for several months if no income is received during those months. The Trustees will monitor the
cash reserves carefvlly in the foreseeable future and reduce expendibJre appropriately to manage cash
reserves.
The cash balances of the church at the year-end were £73.332 (2022 £83,787). This represents more
cash than £20,000, the target cash holding.
The Tmstees expect most of the surplus ￿$h ￿serveS to be used in 2024 paying ￿tentIonS on the
property development and to conts'nue repaying the loans received to enable the church to develop the
sf(e.
The Tnjstees are expecting all loans to be ￿paid over a period of 10 to 12 years.
THE IMPACT OF COVID 19 ON THE CHARITY AND THE COST OF UVING CRISIS
The funds of the charity are mainly raised from the members by voluntary donations and rental income
from residential properties. Both sources are dependent on the personal arcumstances of individuals.
During the year. the church has received fvnds into the general fvnd which have maintained the general
fvnd income. Income has reduced to ￿$th"Cted fvnds as the development work on the church building$
have moved towards complets'on, and the giving of money for emergencies has reduced.
The Trustees will monrtor income and reduce expenditure where necessary to maintain the wability of
the church overall.

GRACE CHURCH YATE
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2023
TRUSTEES, RESPONSIBIUTIES
The Iruslees a￿ responsible for preparing the Twslees, Report and the financial statements in
accordance with applicable law and United lQngdom Accounting Standards including Financial
Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdom Generally Accepted Accounb"ng Practice).
The law applicable to chariti'es in England and Wales requires Ihe trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charity and
of the income and expendilufe of the charity for that period. IT) preparing these financial stslements, the
Iruslees are required lo".
select suitable a¢¢ounting policies and then apply them consistendy".
observe the methods and principles in the Charities SORP.,
make judgments and estimates that are reasonable and prudent.,
stste whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements. and
prepare the financial statements on the going ¢on¢em basis unless il is inappropriate to presume
that the charity will conbnue in business.
The trustees are responsible for keeping sufficient accounting ￿OrdS that disclose wth reasonable
accuracy at any time the financial position of the charity and enable them tr) ensLJre that the financial
statements comply wth the CharIt￿S Act 2011. Ihe Charity {Accounts and Reports) Regulations 2008
and the provisions of the trust deedlconstitution. They are also responsible for safeguarding the assets
of the charity and hence for tsking reasonable steps for the prevention and delecb.on of fraud and other
irregularities.
Signed on behaW of the Trustees
Derek Morland
Trustee." Deacon
Dale." 29th July 2024

GRACE CHURCH YATE
REFERENCE & ADMINISTRATIVE INFORMATION
YEAR ENDED 31 DECEMBER 2023
Registered charity name
Grace Church Yate
Charlty rggi$tratlon number
1133210
The charity changed its name to Grace Church Yate. in March 2013.
The Charity's main add￿$$ is-
clo Mr JR Gulliford
20 Frampton End Road
Frampton Cotterell
Bristol BS36 2JZ
TRUSTEES
The trustees who manage(1 the ¢harity during the year we￿.
Mr R Gulliford
Mr J Barber
Mr G Williams
Mr D Morfand
Mr JA Gulliford
Mr K Ravlings
Mr JR Gulliford
Mr S Walker-cox
Mr T Chewter
Mr P Jeal
Mr P Pomeroy (Appointed 1st September 2023)
Mr C Prendergast
Mr J Carron (Appointed 21* November 20231
Signed on behalf of the TTUStees
Derek Modand
Trustee." Deacon
D*e." 29thJuly 2024

GRACE CHURCH YATE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GRACE CHURCH YATE
YEAR ENDED 31 DECEMBER 2023
I report to the trustees on my examinakn.on of the accounts of Grace Church Yale (the Charity) for the year
ended 31 December 2023.
Responsibilities and basis of report
As the chaiity trustees of the Charty you are responsible for the p￿paration of the accounts in accordance
with the requirements of the Charib'es Act 2011 Ilhe Act'i.
I report in respect of my examination of the Charity's accounts carried OLrt under seth.on 145 of the 2011 Act
and in carrying out my examinabon I have followed all the applicable Directions given by the Charty
Commission under section 145lSllbl of the Act.
Independent examinerfs statement
Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed in
section 145 ofthe 2011 Act. I confinn that l am qualified to undertake the examination because l am a member
of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confimi that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respe¢t of the Chanty as ￿ul￿d by sedion 130 of the Act," or
the accounts do not accord with those records.. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charf(ies (Accounts and Reports) Regulations 2008 otherthan any requirement
that the accounts give a 'true and fair viewwhich is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in Connec￿On with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Joshua Kingston, BS¢ ACA
Burton Sweet Limrted
The Clock Tower
5 Farleigh Court
Old Weston Road
Flax Bourton
Bristol
BS48 1UR
Date.. 29th July 2024

GRACE CHURCH YATE
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2023
Unrestricted
FLbnds
Restricted
Funds
Total Funds
2023
Total Funds
2022
Nots
INCOME
Donations
Investment income
117.n3
86.968
47.536
165.259
86.968
181,795
85,129
TOTAL INCOME
204.691
47.536
252.227
266,924
EXPENDITURE on
Raising ftjnds
Charitable activities
22.147
128.12S
22,147
143,295
22,156
125,773
1S.170
TOTAL EXPENDITURE
150.272
15.170
165.442
147,929
NET INCOME
54.419
32.366
86.785
118,995,
TRANSFERS Between Funds
15116
32.366
132.3661
NET MOVEMENT IN FUNDS
86.78S
86,785
118,995
RECONCILIATION OF FUNDS
Totsl funds brought forward
2.135N19
2.135.419
2.016,424
TOTAL FUNDS CARRIED
FORWARD
15116
2.222,204
2,222.204
2,135,419
The Statement of Financial Aclivilie5 indudes all gain5 and losses in the year and therefore
a Statement of Comprehensive Income has not l)een prepared.
All of the atrx)ve amounts relate to continuing activities.
Prior year fund comparatives for 2022 are included in note 10.
The notes on pages 8 to 15 form part of these financial statements.

GRACE CHURCH YATE
BALANCE SHEET
YEAR ENDED 31 DECEMBER 2023
2023
2022
Note
FIXED ASSETS
Tangible assets
Investments
11
1.351.187 1,353,763
1.400.000 1,400,000
12
TOTAL FIXED ASSETS
2.751,187 2,753,763
CURRENT ASSETS
Cash at Bank
73.332
83,787
73.332
83,787
CREDITORS.. Amounts falling due within ono
year
13
117.315}
{7,1311
NET CURRENT ASSETS
$6,017
76.656
TOTAL ASSETS LESS CURRENT LIABIUTIES
2.807.204 2,830,419
CREDITORS.. Amounts falling due after more
than one year
14
{585.OIJOI 1695.0001
TOTAL NET ASSETS
2.222,204 2,135.419
THE FUNDS OF THE CHARITY
Restricted income funds
17
Unrestricted income funds
17
2,222,204 2,135,419
TOTAL CHARITY FUNDS
17
2,222.204 2,135,419
These financial ststements were approved by the members of the committee on the 29th July 2024
and are signed on their behaw by..
Dcydc Klorla
D Modand
Trustee.. Deacon
The notes on pages 8 to 15 fomi part of these financial statements.

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared in accordance wth the historical cost convention lexcept
where otherwise slated in the accounting policy nolel and in accordance with the Slalernent of
Recommended Pra¢ti¢e." A￿OUntIng and Repotb"ng by charib.es preparing their accounts in accordance
with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 issued in
October 2019. and the Financial Reporting Standard applicable in the United ￿ngdoM and Republic of
Ireland IFRS 1021, and the Charities Act 2011.
The financial ststements have been prepared to give a ￿e and fairf view and have departed from the
Charits'es (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair,
view,. This departure has involved following Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charrties preparing their accounts in accordance wlh the Financial
Reporting Stsndard appliGable In the UK and Republic of Ireland IFRS 1021 issued In October 2019 rather
than the Accounting and Reporb'ng by Charthes: Statement of Recommended Practice effective from
1 April 2005 which has since been wthdrawn.
The Tnjstees have p￿pared the finan(ial ststements on a going con¢em basis given the free reserves
held by the charity and the careful planning of the Trustees. Impact from Covid-19 and the cost of living
crisis of late 2023 is considered by the Irust*s in the Trustees Report on page 2.
The charity is a Publi¢ Benefft enlty.
Income
Income is Tecognised in the accounts %then the charity become5 entiled to the income, il is probable that
the in¢ome will be re¢eived. and the value Can be meaSU￿d ￿liab￿.
Expgndituro
Expenditure is recognised when a present legal or constructive obligation exists, which can be measured
reliably.
Most expenditure is for meeting the ¢hurch objectives i_e.. operab'ng as a ¢hur¢h.
Governance costs comprise all costs involving the public accountability of the charity and its compliance
th regulation and good practi￿. These costs are Tecognised within Charitable Activities.
Cash at Bank
Cash represents charity accounts maintained banks repayable without penaty on notice of not more
than 24 hours.
Crèditors and Loans
Short term credf(ors are recognised at transacbon price.
Loans falling due after more than 1 year are recognised at Iransaction value. These loans have been
made interest free wth agreement that the k)ans wll be repaid after more than 1 year and over the next
10 years. Repayment dates are not known or agreed in advance.
Fund Designation
Unrastrl¢t&d funds
Unrestricted funds can be used in a¢¢ordan¢e ￿ the charitable objects at the discretion of the
trustees.
Designated funds
Designated ftjnds are funds set aside by the Trustees oul of ￿n￿Stricted general funds for specifi¢
future purposes or projects.

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES (continued)
Restricted funds
Restricted ftjnds can only be used for particular restricted purposes within the objects of the charity.
Restricts'ons arise when specified by the donor or ￿en fvnds are raised for particular restricted
purposes. Expenditure which meets these crTteria is charged to the fund, together wth a fair allocats'on
of management and support Costs. Further explanation of the nature and purpose of each fund is
induded in the notes to the financial ststements.
Fixed assets
All fixed assets are recorded at cost.
Deprgciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows".
Freehold Buildings
1% per year
Invèstmènts
Investment property is held at valLth'on. The Trustees conducled their own valuation of the investment
properties at the year end.
DONATIONS
2023
Unrestricted Restricted Total Funds
Fund$
Funds
2023
Donations
117.723
47.536
165.259
2022
Unrestricted Restricted Total Funds
Funds
Funds
2022
Donations
119.712
62,083
181,795
INVESTMENT INCOME
Unrestricted Restricted Total Funds Total Funds
Fund$
Fund$
2023
2022
Rent receivable
86.968
86.968
85,129
86.968
B6.968
85.129
The 2022 investment income categories were all unrestricted funds.

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
COSTS OF RAISING FUNDS BY FUND TYPE AND ACTMTY
2023
Unr¢stri¢t•d R¢$tri¢t¢d Totsl Fund$
Funds
Funds
2023
Management of Property for Rent
22.147
22.147
2022
Unrestncted Restricted Total Funds
Fund5
Funds
2022
Management of Property for Rent
22,156
22,156
5. COSTS OF CHARITABLE ACTMTIES BY FUND TYPE AND ACTMTY
2023
Unrestricted Restricted Total Funds
Funds
Funds
2023
Church building and general costs
Wages
Outreach and preaching
Missionary and social support
Governance Costs (Note 71
Depreciation of buildings
22,720
51.822
5.774
32.103
3,960
11.746
22,720
51.822
5.774
47.273
3,960
11.746
15.170
Church Activrties
128.125
15.170
143.295
2022
Unrestricted Reslricted Total Funds
Funds
Funds
2022
Church building and general costs
Wages
Outreach and preaching
Missionary and social support
Governan¢e Costs (Note 71
Depreciation of buildings
19.318
41,236
3,459
25.542
1.848
11,654
19,318
41,236
3,459
48,258
1.848
11,654
22.716
Church ActiV￿eS
103.057
22.716
125,773
10

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
6. GRANTS
Included within missionary and so¢ial support and outreach and prea¢hing are grants paid during the
year, thich are summarised as follows..
2023
2022
Organisations
Lanka Evangelical Fellowship of Churches Isn" Lankal
Forest Fold Baptist Church (Cyprus supw)rti
Star Fish Asia IKhanpur School)
Moming Star Children's Centre (South Afn"cal
Barnabas Fund
University of Warwick Christian Union
Caring for Life
other grants
23.111
7,501
5,533
2,687
26.217
8.210
3,935
3,134
3.923
1,77S
246
30
180
40
Individuals
Youssef Naciri
Individuals for Preaching expenses
4,143
2,084
2,080
1,671
Totsl
47.110
49.390
GOVERNANCE COSTS
un￿StrICted Total Funds Total Funds
Funds
2023
2022
Independent Examinerfs fee
Professional Fees
1.818
2.142
3.960
1,818
2,142
3,960
1,848
1.848
The Independent Examiners Fee paid in 2022 was from Unrestn"¢ted Funds
NET INCOME
This 15 Stated after Charging."
2023
2022
Depreciation of buildings
Independent Examineff s fee
11,746
1.818
11.654
1,848
STAFF COSTS AND EMOLUMENTS
Total staff costs ￿Ere as folloY*S:
2023
2022
Wages and salaries
Social security costs
Pension contributions
SO,995
41,224
827
12
51.822
41.236

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
STAFF COSTS AND EMOLUMENTS (Contin￿1)
Particulars of employ￿s.
The average number of employees during the year was as follows..
2023
No
2022
No
FulVP3rt Time Ministry
Training
No employee wewed remunerab.on of more than £60.000 during the year12022- Nill.
The key management personnel are considered to be the trustees. The total employment benefits
received by key management personnel in the year were £44,39412022 £37,557). See note 18.
The church has had no full-time posibon since 30th September 2020. Several of the trustees and some
members have Increased their commitment to the church since that bme to substitute for the loss of the
full time position. One of these individuals has been paid for 3 part time role.
His total employee benefits were £29,382 12022- £37,557).
In the year 2023 the church supported an indwidual through seminary training for part of the year.
(These costs include Gross Pay. Employers Pension costs and Employers Nab"onal Insurance).
Followng the end of his training the church employe(I him in 3 fvll b.me posrtion.
10. PRIOR Y&qR FUND COMPARATIVES
Unrestri¢ted
Funds
Restricted
Funds
Total Funds
2022
INCOME
Donations
Investment income
119,712
85.129
62.083
181.795
85.129
TOTAL INCOME
204.841
62.083
266,924
EXPENDITURE on
Raising funds
Charitable actiwties
22.156
103,057
22.156
125,773
22,716
TOTAL EXPENDITURE
125.213
22.716
147.929
NET INCOME
79,628
39.367
118.995
TRANSFERS Betwaan Funds
39,367
139.3671
NET MOVEMENT IN FUNDS
118.995
118.995
RECONCILIATION OF FUNDS
Total funds brought forward
2.016.424
2,D16.424
TOTAL FUNDS CARRIED
FORWARD
2.135.419
2.135.419
12

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
11. TANGIBLE FIXED ASSETS
F￿hold Proparty
COST
At 1 January 2023
Additions in the year
Disposals in the year
At 31 December 2023
1.365,417
9,170
1.374,587
DEPRECIATION
At 1 January 2023
Charge for the year
At 31 December 2023
11,654
11,746
23,400
NET BOOK VALUE
At 31 December 2023
1.351,187
At 31 December 2022
1,353,763
12 INVESTMENTS
Inv•stm•nt Proparty
COST and VALUATION
At 1 January 2023
At 31 December 2023
1.400,000
1.400,000
Investment property has been separ*e(l from property held for 0￿rational use as a tangible fixed asset
in the year 2019, as the rental propety was substantially completed during that year.
Work continued on the site into 2021 and small work into 2023 but related to property held for use in
church acbvity.
13 CREDITORS.. Amounts falling due within one year
2023
2022
Accruals
Rent in Advance
Personal Loans
6.147
9,168
2.000
1,846
3,285
2,000
17.315
7.131

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
14 CREDITORS: Amounts falling due after more than one year
2023
2022
Loans repayable in the periods..
2-3 years
Over 10 years
$85.000
695,000
$85,000
695,000
All loans are unsecured.
15. RESTRICTED INCOME FUNDS
2023
Balan¢e at
1 Jan 2023
Fund Balance at
Income Exp8nditurg Transfèrs 31 Dec 2023
Gifts eamarked for
specific recipients
Gifts for property loan
repayments and
development
14.820
115.170)
350
32.716
{32.7161
47,S36
{1S.1701
{32.3661
Grfts for loan repayments are used to repay loans and are tranSfe￿d lo ￿paY from general funds.
Gifts for property development are transferred to general fvnds to cover development expense5
which become general fund5.
2022
Balance at
1 Jan 2022
Fund
Balance at
Income Expendriure Transfers 31 Dec 2022
Gifts earmarked for
specific recipients
Gifts for property loan
repayments and
development
22.716
122.716}
39.367
{39,367)
62,083
{22,716)
{39,367)
16. UNRESTRICTED INCOME FUNDS
2023
Balancè at
1 Jan 2023
Fund Balancè at
Incomg Expenditurg Transfèrs 31 Dec 2023
General Funds
2,135.419
204.691
1150.272}
32.366 2.222.204
2,135.419
204.691
(150.2721
32.366 2.222.204
14

GRACE CHURCH YATE
NOTES TO THE ACCOUNTS
YEAR ENDED 31 DECEMBER 2023
16. UNRESTRICTED INCOME FUNDS (Continued)
2022
Balan¢e at
1 Jan 2022
Fund
Balance al
Ir￿me Expenditure Transfers 31 Dec 2022
General Funds
2,016,424
204.841
1125.2131
39.367 2,135,419
2.016.424
204.841
1125.2131
39.367 2,135,419
17. ANALYSIS OF NET ASSETS BEfwEEN FUNDS
2023
Net current Long term
as$¢ts
liabilities
Flx¢d a$$¢ts
Totsl
Unrestricted Income Funds-
General Funds
2.751.187
$6.017
{58S.0001 2.222,204
Restricted Income Funds
Totsl Funds
2.751.187
56.017
{585.0001 2.222,204
2022
Net current
assets
Long lemi
liabilities
Fixed assets
Total
Unrestricted Income Funds..
General Funds
Restricted Income Funds
2.753,763
76,656
{695,000) 2,135,419
Totsl Funds
2,753.763
76,656
1695,0001 2,135,419
18. RELATED PARTY TRANSACTIOMS
No Trustee expenses have been waived or reimbjrsed during the Current or previous years.
The followng Injstees were employed and paid by the church in accordance ￿￿th the charity's ¢onslilution.
Mr JR Gulliford was paid a salary of £29,382 and pension contributions of £nil in the year for the work of
part-lirne elder of the church12022 £37,557, Pension £nill.
Mr P Pomeroy was paid a salary of £14,280 and pension contributions of £732 in the year for the work of
full-time elder after appointment as a Trustee of the church (2022 £nil, Pension £nill.
The Trustees and related parties donated £57.252 in the year {2022 £60.651).
Mr P Pomeroy is a tenant of the church, and he pays a market rate.
There were no further related party transadions in the year.