Trustees. Annual Report for the period
Period start dale
Period end date
Y*ar
2024
Year
2025
From
01
SEPT
To 31
AUG
Section A
Reference and administration details
Charity name
Grace Assembly
Other names charity is known by
Registered charity number (if any)
1139873
Charity's principal address
91 Valley Road
Kenley
Postcode
CR8 5BY
Names of the charity trustees who manage the charity
Dates acted if not for whole
èar
Trustee name
Offlce Ilf any)
Name of person lor l￿dy) entitled
toa
olnt trusta8
If an
Tony Obayori
Jerome Obode
Modupe Obayori
Alex Babudoh
10
12
13
14
15
16
17
18
19
20
Names of the trustees for the charlty, If any. (for example, any cuslodlan trustees)
Name
Dates acted if not for whole
ear
TAR
March 2012

Names and addresses of advisers (Optional information)
e of adviser
Name
Address
Name of chief executive or names of senior staff members (Optional infomiation)
Section B
Structure,
overnance and mana
ement
Description of the charity's trusts
Memorandum and Articlas of Associalion
Type of goveming document
How the charity is constituted
Trust
Trustee selection methods
Trustees may recommend a person to be appointed to the AGM or
appoint by a resolution passed by a simple majority, until the next
AGM
Additional govemance issues {Optional infomiation}
You may choose to include
additional information, where
relevant, about..
policies and procedures
adopted for the induction and
Iraining of trustees.,
the Gharity's organisational
structure and any wider
network with which the charity
works.,
relationship with any related
parties.,
trustees, consideration of
major risks and the system
and procedures to manage
Ihem.
TAR
March 2012

Section C
Ob'ectives and activities
Summary of the objects of
the charity set out in its
governing document
1. To advance the Christian faith lin accordance with the
Statement of Beliefsl in such ways and in such parts of the
United Kingdom or the world as the Trustees from time to time
may think fit.
2. To relieve sickness and financial hardship and to promote and
preserve good health by the provision of funds, goods or
services of any kind, including through the provision of
counselling and support in such parts of the Uniled Kingdom or
the world as the Trustees from time to time may think fit., and
3. To advance education in such ways and in such parts of the
United Kingdom or the world as the Trustees from time to time
may think fit.
Surnmary of the main
activities undertaken for
the public benefit in
relation to these objects
(include within this section
the statutory declaration
that trustees have had
regard to the guidance
issued by the Charity
Commission on public
benefit)
Our activities have been driven by the GREAT COMMSSION and
the GFIEAT COMMAND of our Lord Jesus Christ. The activilies
include
a. Regular public proclamation of the gospel, evangelism and
teaching of the gospel in public places in Croydon, many parts
of London, as well as in other nations
b. Use of social media to evangelise
c. Conducting baptism inlo Christ and His church
d. Training and support for those that made commitment to follow
Jesus. especially in following Jesus as His disciples.
e. Financial support for those that were proven to be in financial
hardships.
f. Scholarship based on academic performance and mission
involvement
Prisoner support programme designed to support those in the
prison, prevent ex-prisoners from reoffending and enable them to
reintegrate and thrive in the society.
Telephone support for lonely and vulnerable members of the
public continued to be provided.
Premarital course to help prepare those entering marriage
covenant for a stable and enjoyable marital life
Marriage course, which helps couples recover and strengthen
their relationships. Including referrals to professional counsellors
as necessary.
Parenting course to help parents develop and or improve their
parenting skills and relationships in the family
TAR
March 2012

Career development and networking for professionals
Training sessions on how to handle money and grow in financial
disciplines
Kidz Bible Klub designed to help children and young people
connect with God and grow in intimacy with God as well as
develop in Christian values and academic abilities.
Additional details of objectives and activities (Optional information)
You may choose lo include
further statements, where
relevant, about..
These activilies are provided primarily by volunteers.
policy on grantmaking-
policy programme related
investment.,
contribution made by
volunteers.
TAR
March 2012

Section D
Achievements and performance
1. We organised, conducted and supported regular proclamation of the
gospel, evangelism and teaching of the gospel in Croydon, and other
parts of London, as well as in many olher nalions. By the grace of
God, many people made commitments to Jesus and God has
enabled many to grow.
2. Several people were baptised into Christ and His church
3. Training and support were provided to those that made commitment,
especially in following Jesus as His disciples.
4. Hosted international conferences on missions that led to missions to
areas where Christ had not been preached
5. Financial supporl was provided for those Ihal were proven to be in
financial hardships. Scholarship based on academic performance
and mission involvement was also given. in particular to those who
have come from Muslim background
6. Telephone support for lonely and vulnerable members of the public
continued to be provided.
7. In the United Kingdom, two ex-prisoners benefited from our prisoner
support programme. which was designed to support those in the
prison. prevent ex-prisoners from reoffending and enable them to
reintegrate and thrive in the society.
8. In West Africa, several prisoners benefited from the prison support
programme and ministry. Many made commitments to Christ and
were helped.
9. Premarital course to help prepare those entering marriage covenant
for a stable and enjoyable marital life was attended by many young
people.
10. Several couples attended the marriage course, which helps couples
recover and strengthen Iheir relationships. Those in need of
counselling were referred to professional counsellors
11. Parenting course to help parents develop and or improve their
parenting skills and relationships in the family
12. Career development and networking for professionals has assisted
many young professional to break ceilings and avoid anxiety.
13. Sessions on how to handle money and grow in financial disciplines
as well as biblical stewardship has also helped many people
14. Kidz Klub designed to help children and young people connect with
God and grow in intimacy continues to grow. The online sessions are
now being delivered to children and young people in Mauritius.
15. Shared thousands of printed and electronic materials to members of
the public.
Surnmary of the main
achievements of the
charlty durlng the year
TAR
March 2012

Section E
Financial review
The charity does not employ anyone yet. so does not have a reserve
policy.
Brief statement of the
charity's policy on reserves
Details of any funds materially
in deficit
None.
Further flnanclal revlew detalls (Optional Infomatlon)
The principal sources of funds are financial contribution of those that
regularly attend the church services.
You may choose to include
additional infomiation, where
relevant about..
the charity's principal
sources of funds (including
any fundraisingl.,
how expenditure has
supported the key objectives
of the charity-
investment policy and
objectives including any
elhical investmeni policy
adopted.
Section F
Other optional information
The Charity conlinues to seek how to work with other organisalions within and within the outside of the
United Kingdom, to expand the fulfilment of the objects.
Section G
Declaration
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(s)
Full name(s)
Position leg Secretary. Chair.
etc)
Anthony Obayori
Chair
Date
30-06-2026
TAR
March 2012

Company R¢￿stratIOn Nrj. 06668635 {England and Wales)
Charity Registration TrJ0. 1139873
GRACE ASSEMBLY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE IEAR ENDED 31ST AUGUST, 2025

GRACE ASSEMBLY
nt
Page
Ltgal and administrative information
Report of the Trustees
Report of the independent examiner
Statcmcnt of financial activitics
Balance sheec
Note￿ fom]ing part nE the financi218tstement
9&10

CHARITY NUMBER . 1139873
Legal & Administrative Infotmation
'ORKING NI AfvlE..
..GRACE ASSETrIBLY
FINANCIAI. YF.AR
..1 sr Scptombcr, 2024 - 31st Augusc, 2025
DIREC.TORS/MEINJlGEIllENT C.OMNIIThEE
AT 31103/2024
Dr(Rci'l Anthoni, Oba}'ori
Rei, Jerome Obode
Mrs IL Indupe Obai'ori
ChAir
-.Trustee
Tru8t¢¢/S¢cr¢tary
Address:
41 Epsnm Rr)ad
Ct()I,d()n
Surre}
CRO 4NB
Independent Exan)iner
Chart¢rbrrJok ElccrJuniant5
Easi,Flub croi-.don
Suite 3.12
22 Addi%combe Road
Croldon
CRO SPE
Bankers
Santander
S￿t￿nder Bu%ineE% niing
Opcrations, Sundcrland
SR43 4F,IX'

GRACE ASSEMBLY
Report of the Trustees for the year ended 31st August, 2025
The Trllstce% prc.senr their rcpi)rr a]oiikTr with the financi￿ statetncntr i)f the chant!." fi)r rhc I'car ended
.31 Au£u8t, 2112i. 'I'he fin2iic121 statcnicntfj h2K'e beeii preparcd in accnrdance ivith the accnuntin£ pnlicie£ Ret nut on
Pagyes C) tc) 10 ind ci)mpl}' ilTIEh the chatiry's tru4t deed 2nd 2ppIic21)le lau,.
OBJECTS
l. The adi?anceinent of the Christian religon qnd education
2. II'clfor¢ quppr)rt r() b¢rLave(I families
S. Thc pii)i'isi()n i)f Lducdtic)n & suppi)It fi)i PL()pIL whi)SL PatLnts
uffer fi()tn mental illness.
4. Ei?Ingeb%m (Ra(b(J NIisll8try'l
5. Nfission Meal (?utreAch for the homeless.
6. W()rksh()p% and SLmiAats f()r Lhurch LL'adLr%.
Leyl Status, Governance & Management
Board meetings are bi-monthly and ensiire the purpose of the organisation is implemented throiigh effective
he annual work plan, associated resoiirces to deliver core and projects. and siippon to our voluteers, iyho are
Funding
Delii-en- nE nur wnrk prr)£ramme and related are archieved throu%h a i]uxture CJE offerin£ and titlie%, a% well dr)
Public Benefit
ThL Buard hai'L duL rLgird tu thL gTuidancL public bLnLfit In planningy
T fLSUULcing and dLIIi'LringT Its acttvitiLs.
Risk Man2gement
Tlic BiJ#ril ¢n%urL% thcr¢ 1% a ri8k tnJnagem¢nt polici. which ￿fleCt% th¢ tringt of ri%k to which thL lJfbuni%atinn ma}, be
mitigating systems are in place.

planning re
tlie back b(
fra
cxpn%ecl and

GRACE ASSEMBLY
Report of the Independent Examiner
e haiTe examined the financial £iatements on pa£es 7 ￿'hICh hai-e been prepared under the accountin%
policies set out on Pa￿ 9.
Respective responsibilities of trustees and exan)xner
A5 thL charity F tIU￿tcL1 vnii ArL fL%P(InsiblL fc)r thL pfLparatti)n i)f thL aCC()unt5,' 1'C)ii ci)nsidLr thAt thL Audit
i)f pr()cedures %pecilied In the General Directic)ns Lkii-en the C.hariti' C.fJmtni8si()ners
Jlct, ￿'hether particular tnatters hive conie to m!. attentitsn.
Basis of opinion
Our exatninatton was cafLILd out in accuidance ￿'ith the GLneral DirectioAs giTren b}" the Chanry Cumtru55iuner5.
An ex&￿inati()n Jncludc% a rel'ic￿7 ()E the acci)untiiiKTr rec()rd8 Lept b}. the charit!. qnd a ci)mparJs1)n ()f the acc()iint5
prL'SL'ntL'd with th()%e rec()rd8. It 21s() iiicludL'8 Cl)n%idL'f2ti()ft n12n!' uiiu81121 items nr di.4clnsurL'S In thL' aCC()unts,
lid geekin&tr LxplJnitinns fr()m !r()u 2S trustccs C()Iiccrninx such ni2ttets. The pr()cedurcs undcrtJken dn nnt
pIc)￿ide all the eNiolence that WC)ulcl be required in an #uolit, anLI ci)n¥e4uenrl!. ￿'t olc) n(It exprebs an ouclit (Ipinii)n
on the i'le￿, ￿￿'ern bv the xttounts.
Opirrion
In cnnnectirjn with nur exanun2tinn. nrj matter cnme tn nur &tteiitint].'
111 which reaqi)nable cau%e tc) bcli¢v¢ that in ¥1n}' material re%pcct the r¢quircmentq
al tu kLLP aCCOUlltirt% rLcuids in accoidancL ￿1th sLctiun 41 uf rhc Act., and
bl ro prepare accounts whjch accord with the accounting recoids And to complv with the accoiinuAg
reqwrements of the Act
has not b¢¢n mer,. or
121 tc) whiih, in i)ur i)pini()n, atrLntii)n sh()uld bc draivn in i)Idci t() LAablL a pr()pLI undLlStAnding i)f thL
accI)unt￿ t() bL rLachLd.
Charterbrook Accountants
F.1￿l-H[lb Crc)i'di)n
31-Nfai'_26
22 ilddiscc)nilJe Ri)2d
Cn)I'ilon
CRO SPL

GRACE ASSEMBLY
STATEMENT OF FINANCtAL ACTIVITIES
FOR THE TrEAR ENDED 31ST AUGUST, 2025
Notes Resttieted
Funds
UnrestriLted
Funds
TOTAL
2025
Tncoming resources:
Grant
OthLr Inc()mL
Tithc5 & Offcrinx
Gitt ..Iid
Donations
Less..
Resources Expended
Evangelism & Honorarium
Rent
Salirics
In4ur2nce
¢lf#re Suppr)rt & Nliqsi()n llcal
Prittting & Publicity
Motor Running Expenscs/TraYelg
Missionary Wotk
Volunteer Expenses
'I'elephrJne &. Iniernet
Inilcpcncl¢nt ￿.X￿mitiers f¢£
CnTifcrcTl¢t%/SeminAr%
'.quipmLnt & Nl&rLriAI%
l){)%ta&FL & Siati()nLtI'
Sub5criptt(In, Trainin% & ediicqttc)n?I Suppi)rt
Dep￿ciation
TC)TAL EXPENSES
3,108.00
20.00
3,108.0(1
9,720.00
-3,243.Dn
3,243.Dn
5,CJ31.00
3,)8 1.00
48.00
5 l)31.00
3,i87.00
48.00
?75.()0
4,767.1)
4,*67.nQ
4,28C).00
4,28C).00
47,275.1111
]￿et Inc()niinkl(OutgYiin
B21at]ce5 b/{
8,O£M).()O
8,04().00
Balances c
/f
,)43.()0
7 1)43.()0

TOTAL
2024
10.531.00
18,917.00
18,050.00
47.498.00
4,372.00
10,940.00
359.00
4,940.00
3,672.00
1,645.00
3,385.00
2,354.00
751.00
575.00
1,600.00
5,514.00
580.00
2,803.00
43,490.00
4,008.00
4,032.00
8,040.00

GRACE ASSEMBLY
BALANCE SHEET AS AT 31ST AUGUST, 2025
Notes
2025
2024
Fixed assets
Tan&blt assets
11fj&3
2.00
2.00
Cuttent assets
DLbtc)rs &. PrLpaimLnt
Cash 21 BAiik and In hand
li,9.38.IKI
1> C).38.(K)
Creclitors.. aniouot fallin¥ olue
withitt one iiear
Net eutrent assets / Current liabilties
4.06i.00
,90L).IKI
7.941.00
8,038.UU
Total assets less curtent liabiiites
7.943.nn
8,040.00
Represented By:
RLbtnctLd flind5
Lnrcfjrrictcd Funds
Dc8ikTrnated Funds
Total Chariry. Fund
IB
7 943.00
8,040.on
7 943.00
8,040.on
X'L cLr¢if} that the annLYLd acci)unts arc in 2cca()rdanc¢ ivith thL rLcords, inF()rm3ti()n and Lxplanatic)nq suppliecl b5, L
And liaTrL ()ur appri)val.
Signed b!. Order of the Board
Dr {R¢v) Anthony Obayori
ChAir
Dat¢=
31-ICI5-26

Is Trusttiq

GRACE ASSEMBLY
Notes forming part of the financial statements
for the year ended 31st August, 2025
l. Accolltsting policies
(al Ac¢ounting convention
Tlic finAntial btxrements arL prcparcd undLr the hibti)rital ¢<)bt c<)ni'Lnrii)n and in atc¢)rdanc¢ ii'ith thL
Financial RLPLTrrunx StAAdard fur SmallLr EntitiLb ILffLCUryTL rnfarch ?0001. IA prLpAring thL fiARncial statcmLAtS
the charjts. follows best practtce as laid in the StAtetneAt of Recomniended Practice 'Accouiiting AAd
Reptirting bi- C.h&ritie8 ISC)RP 200.51 eFfectii-e ()ctober 2000.
(b) Fund Accounting
L'niLstricrLd tunds arL funds u.hich Afl AN'ailablL t()r uqL At thL discrLtii)n i)E thr tru%tLL% in furrhLrancL l)f the
FLllLIAI <)bjLCtIl-LS ()f thL C.IIAllt}-' and whiLh hARTL nvt bLLn dLgi&rtlAtLd fc)I i)tIILr putp()SL.
Restrtcted fijnds are flind5 ￿,hi[17 liai'e been XiiTen f()[ PArticulai puip()se& and pr()jects.
( c ) Incoming resoiirces
.411 incnming rqourcts &r¢ iiicluJt(l iti tli¢ fiii2ncial qtstetnents when the ClIAriti? is leyll!, entitled tn the
incorne Anil the income Clin bt quAtititieol }Irlth ￿lson41b]e 1¥ CCLirAc}'. Pleclges ale onl! recobTrniseol ￿.hen the
mount is itTraiA.
(d) Resourees expended
F.xpenditure 1% acci)unted Ec)r accrual and classified under the headinLy apprcipriate t() the nattTre ()[
the expenditure.
(fj T￿￿ble fixed assets and depreciation
TAnyblc fixed assets 14 re dtpieciatcd A Sttaight-line b<1S1S 01.ei rhcii cstimated uscful Iii'es follows..
Equipment8
F'urniture. F'ixn]re8 & F'ittinkTrs
25D/o
25Tr/0
25°/n
2. Current Assets
2025
2024
Debtors and Prepai'ments
Bank and iii hand
11,997 0(1
11,997.00
I5,9.1￿.￿0
15,938.00

GRACE ASSEMBLY
Notes fonning part of the financial statements (cont'd)
for the year ended 31st August, 2025
3. Tangible fixed a55ets
Furniture
Motor
Total
Equiptnentg
Fittings
Vehicle
Cost
r 01 September, 2024
Additions
Di8p(J8d
8,0()O.(N)
8,090.tHJ
,It.3)st.QuLWS4 21125
8,0()Q).uu
8,0()O.uu
Depreciation
Ar 01 Scpiember, 2024
C.harLre f(Ir tlie l-ear
8,088
8,088
Ai 31st,lugvst, 2025
8.1)88
8.088
1•4et book value
,Xt 31sr.Xu¥ust, 21125
At 31%t AugTU%t, 2023
None of thest assets acquirtd ut]der the ttmis of hire purchaqe.
4. CREDITORS.. Amount fajling due Nithin one year
2025
2024
Cost of Chaftitable Acti￿tieS
IndLpL'ndLnt F.xamJnLr5 EL'L.
()thcr C.rediic)rs
.3,481
4,056
7..32i
5. NET ASSET8/(DEFIC.IT BEThX'EEN FUNDS
2n25
2.024
Rtstrictecl Puncls
LDiesrTl¢t¢d Funds
DL51￿atLd Fund
8iirplu81(Deficitl carried fnrw2rd
7,l)43.00
8,040.(K)
7 ¢)43.00
8,04L).00
6. There ii-ee no grants received diiriAx the
NQ)TTrS I TO 6 FC)Rhf .4N INTP.GRAI. PART OF TI IP.SP. FIN.4NLIAI. ST ATP.NqP.NTS

Company R¢￿stratIOn Nrj. 06668635 {England and Wales)
Charity Registration TrJ0. 1139873
GRACE ASSEMBLY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE IEAR ENDED 31ST AUGUST, 2025

GRACE ASSEMBLY
nt
Page
Ltgal and administrative information
Report of the Trustees
Report of the independent examiner
Statcmcnt of financial activitics
Balance sheec
Note￿ fom]ing part nE the financi218tstement
9&10

CHARITY NUMBER . 1139873
Legal & Administrative Infotmation
'ORKING NI AfvlE..
..GRACE ASSETrIBLY
FINANCIAI. YF.AR
..1 sr Scptombcr, 2024 - 31st Augusc, 2025
DIREC.TORS/MEINJlGEIllENT C.OMNIIThEE
AT 31103/2024
Dr(Rci'l Anthoni, Oba}'ori
Rei, Jerome Obode
Mrs IL Indupe Obai'ori
ChAir
-.Trustee
Tru8t¢¢/S¢cr¢tary
Address:
41 Epsnm Rr)ad
Ct()I,d()n
Surre}
CRO 4NB
Independent Exan)iner
Chart¢rbrrJok ElccrJuniant5
Easi,Flub croi-.don
Suite 3.12
22 Addi%combe Road
Croldon
CRO SPE
Bankers
Santander
S￿t￿nder Bu%ineE% niing
Opcrations, Sundcrland
SR43 4F,IX'

GRACE ASSEMBLY
Report of the Trustees for the year ended 31st August, 2025
The Trllstce% prc.senr their rcpi)rr a]oiikTr with the financi￿ statetncntr i)f the chant!." fi)r rhc I'car ended
.31 Au£u8t, 2112i. 'I'he fin2iic121 statcnicntfj h2K'e beeii preparcd in accnrdance ivith the accnuntin£ pnlicie£ Ret nut on
Pagyes C) tc) 10 ind ci)mpl}' ilTIEh the chatiry's tru4t deed 2nd 2ppIic21)le lau,.
OBJECTS
l. The adi?anceinent of the Christian religon qnd education
2. II'clfor¢ quppr)rt r() b¢rLave(I families
S. Thc pii)i'isi()n i)f Lducdtic)n & suppi)It fi)i PL()pIL whi)SL PatLnts
uffer fi()tn mental illness.
4. Ei?Ingeb%m (Ra(b(J NIisll8try'l
5. Nfission Meal (?utreAch for the homeless.
6. W()rksh()p% and SLmiAats f()r Lhurch LL'adLr%.
Leyl Status, Governance & Management
Board meetings are bi-monthly and ensiire the purpose of the organisation is implemented throiigh effective
he annual work plan, associated resoiirces to deliver core and projects. and siippon to our voluteers, iyho are
Funding
Delii-en- nE nur wnrk prr)£ramme and related are archieved throu%h a i]uxture CJE offerin£ and titlie%, a% well dr)
Public Benefit
ThL Buard hai'L duL rLgird tu thL gTuidancL public bLnLfit In planningy
T fLSUULcing and dLIIi'LringT Its acttvitiLs.
Risk Man2gement
Tlic BiJ#ril ¢n%urL% thcr¢ 1% a ri8k tnJnagem¢nt polici. which ￿fleCt% th¢ tringt of ri%k to which thL lJfbuni%atinn ma}, be
mitigating systems are in place.

planning re
tlie back b(
fra
cxpn%ecl and

GRACE ASSEMBLY
Report of the Independent Examiner
e haiTe examined the financial £iatements on pa£es 7 ￿'hICh hai-e been prepared under the accountin%
policies set out on Pa￿ 9.
Respective responsibilities of trustees and exan)xner
A5 thL charity F tIU￿tcL1 vnii ArL fL%P(InsiblL fc)r thL pfLparatti)n i)f thL aCC()unt5,' 1'C)ii ci)nsidLr thAt thL Audit
i)f pr()cedures %pecilied In the General Directic)ns Lkii-en the C.hariti' C.fJmtni8si()ners
Jlct, ￿'hether particular tnatters hive conie to m!. attentitsn.
Basis of opinion
Our exatninatton was cafLILd out in accuidance ￿'ith the GLneral DirectioAs giTren b}" the Chanry Cumtru55iuner5.
An ex&￿inati()n Jncludc% a rel'ic￿7 ()E the acci)untiiiKTr rec()rd8 Lept b}. the charit!. qnd a ci)mparJs1)n ()f the acc()iint5
prL'SL'ntL'd with th()%e rec()rd8. It 21s() iiicludL'8 Cl)n%idL'f2ti()ft n12n!' uiiu81121 items nr di.4clnsurL'S In thL' aCC()unts,
lid geekin&tr LxplJnitinns fr()m !r()u 2S trustccs C()Iiccrninx such ni2ttets. The pr()cedurcs undcrtJken dn nnt
pIc)￿ide all the eNiolence that WC)ulcl be required in an #uolit, anLI ci)n¥e4uenrl!. ￿'t olc) n(It exprebs an ouclit (Ipinii)n
on the i'le￿, ￿￿'ern bv the xttounts.
Opirrion
In cnnnectirjn with nur exanun2tinn. nrj matter cnme tn nur &tteiitint].'
111 which reaqi)nable cau%e tc) bcli¢v¢ that in ¥1n}' material re%pcct the r¢quircmentq
al tu kLLP aCCOUlltirt% rLcuids in accoidancL ￿1th sLctiun 41 uf rhc Act., and
bl ro prepare accounts whjch accord with the accounting recoids And to complv with the accoiinuAg
reqwrements of the Act
has not b¢¢n mer,. or
121 tc) whiih, in i)ur i)pini()n, atrLntii)n sh()uld bc draivn in i)Idci t() LAablL a pr()pLI undLlStAnding i)f thL
accI)unt￿ t() bL rLachLd.
Charterbrook Accountants
F.1￿l-H[lb Crc)i'di)n
31-Nfai'_26
22 ilddiscc)nilJe Ri)2d
Cn)I'ilon
CRO SPL

GRACE ASSEMBLY
STATEMENT OF FINANCtAL ACTIVITIES
FOR THE TrEAR ENDED 31ST AUGUST, 2025
Notes Resttieted
Funds
UnrestriLted
Funds
TOTAL
2025
Tncoming resources:
Grant
OthLr Inc()mL
Tithc5 & Offcrinx
Gitt ..Iid
Donations
Less..
Resources Expended
Evangelism & Honorarium
Rent
Salirics
In4ur2nce
¢lf#re Suppr)rt & Nliqsi()n llcal
Prittting & Publicity
Motor Running Expenscs/TraYelg
Missionary Wotk
Volunteer Expenses
'I'elephrJne &. Iniernet
Inilcpcncl¢nt ￿.X￿mitiers f¢£
CnTifcrcTl¢t%/SeminAr%
'.quipmLnt & Nl&rLriAI%
l){)%ta&FL & Siati()nLtI'
Sub5criptt(In, Trainin% & ediicqttc)n?I Suppi)rt
Dep￿ciation
TC)TAL EXPENSES
3,108.00
20.00
3,108.0(1
9,720.00
-3,243.Dn
3,243.Dn
5,CJ31.00
3,)8 1.00
48.00
5 l)31.00
3,i87.00
48.00
?75.()0
4,767.1)
4,*67.nQ
4,28C).00
4,28C).00
47,275.1111
]￿et Inc()niinkl(OutgYiin
B21at]ce5 b/{
8,O£M).()O
8,04().00
Balances c
/f
,)43.()0
7 1)43.()0

TOTAL
2024
10.531.00
18,917.00
18,050.00
47.498.00
4,372.00
10,940.00
359.00
4,940.00
3,672.00
1,645.00
3,385.00
2,354.00
751.00
575.00
1,600.00
5,514.00
580.00
2,803.00
43,490.00
4,008.00
4,032.00
8,040.00

GRACE ASSEMBLY
BALANCE SHEET AS AT 31ST AUGUST, 2025
Notes
2025
2024
Fixed assets
Tan&blt assets
11fj&3
2.00
2.00
Cuttent assets
DLbtc)rs &. PrLpaimLnt
Cash 21 BAiik and In hand
li,9.38.IKI
1> C).38.(K)
Creclitors.. aniouot fallin¥ olue
withitt one iiear
Net eutrent assets / Current liabilties
4.06i.00
,90L).IKI
7.941.00
8,038.UU
Total assets less curtent liabiiites
7.943.nn
8,040.00
Represented By:
RLbtnctLd flind5
Lnrcfjrrictcd Funds
Dc8ikTrnated Funds
Total Chariry. Fund
IB
7 943.00
8,040.on
7 943.00
8,040.on
X'L cLr¢if} that the annLYLd acci)unts arc in 2cca()rdanc¢ ivith thL rLcords, inF()rm3ti()n and Lxplanatic)nq suppliecl b5, L
And liaTrL ()ur appri)val.
Signed b!. Order of the Board
Dr {R¢v) Anthony Obayori
ChAir
Dat¢=
31-ICI5-26

Is Trusttiq

GRACE ASSEMBLY
Notes forming part of the financial statements
for the year ended 31st August, 2025
l. Accolltsting policies
(al Ac¢ounting convention
Tlic finAntial btxrements arL prcparcd undLr the hibti)rital ¢<)bt c<)ni'Lnrii)n and in atc¢)rdanc¢ ii'ith thL
Financial RLPLTrrunx StAAdard fur SmallLr EntitiLb ILffLCUryTL rnfarch ?0001. IA prLpAring thL fiARncial statcmLAtS
the charjts. follows best practtce as laid in the StAtetneAt of Recomniended Practice 'Accouiiting AAd
Reptirting bi- C.h&ritie8 ISC)RP 200.51 eFfectii-e ()ctober 2000.
(b) Fund Accounting
L'niLstricrLd tunds arL funds u.hich Afl AN'ailablL t()r uqL At thL discrLtii)n i)E thr tru%tLL% in furrhLrancL l)f the
FLllLIAI <)bjLCtIl-LS ()f thL C.IIAllt}-' and whiLh hARTL nvt bLLn dLgi&rtlAtLd fc)I i)tIILr putp()SL.
Restrtcted fijnds are flind5 ￿,hi[17 liai'e been XiiTen f()[ PArticulai puip()se& and pr()jects.
( c ) Incoming resoiirces
.411 incnming rqourcts &r¢ iiicluJt(l iti tli¢ fiii2ncial qtstetnents when the ClIAriti? is leyll!, entitled tn the
incorne Anil the income Clin bt quAtititieol }Irlth ￿lson41b]e 1¥ CCLirAc}'. Pleclges ale onl! recobTrniseol ￿.hen the
mount is itTraiA.
(d) Resourees expended
F.xpenditure 1% acci)unted Ec)r accrual and classified under the headinLy apprcipriate t() the nattTre ()[
the expenditure.
(fj T￿￿ble fixed assets and depreciation
TAnyblc fixed assets 14 re dtpieciatcd A Sttaight-line b<1S1S 01.ei rhcii cstimated uscful Iii'es follows..
Equipment8
F'urniture. F'ixn]re8 & F'ittinkTrs
25D/o
25Tr/0
25°/n
2. Current Assets
2025
2024
Debtors and Prepai'ments
Bank and iii hand
11,997 0(1
11,997.00
I5,9.1￿.￿0
15,938.00

GRACE ASSEMBLY
Notes fonning part of the financial statements (cont'd)
for the year ended 31st August, 2025
3. Tangible fixed a55ets
Furniture
Motor
Total
Equiptnentg
Fittings
Vehicle
Cost
r 01 September, 2024
Additions
Di8p(J8d
8,0()O.(N)
8,090.tHJ
,It.3)st.QuLWS4 21125
8,0()Q).uu
8,0()O.uu
Depreciation
Ar 01 Scpiember, 2024
C.harLre f(Ir tlie l-ear
8,088
8,088
Ai 31st,lugvst, 2025
8.1)88
8.088
1•4et book value
,Xt 31sr.Xu¥ust, 21125
At 31%t AugTU%t, 2023
None of thest assets acquirtd ut]der the ttmis of hire purchaqe.
4. CREDITORS.. Amount fajling due Nithin one year
2025
2024
Cost of Chaftitable Acti￿tieS
IndLpL'ndLnt F.xamJnLr5 EL'L.
()thcr C.rediic)rs
.3,481
4,056
7..32i
5. NET ASSET8/(DEFIC.IT BEThX'EEN FUNDS
2n25
2.024
Rtstrictecl Puncls
LDiesrTl¢t¢d Funds
DL51￿atLd Fund
8iirplu81(Deficitl carried fnrw2rd
7,l)43.00
8,040.(K)
7 ¢)43.00
8,04L).00
6. There ii-ee no grants received diiriAx the
NQ)TTrS I TO 6 FC)Rhf .4N INTP.GRAI. PART OF TI IP.SP. FIN.4NLIAI. ST ATP.NqP.NTS