REGISTERED COMPANY NUMBER: 07501715 (EnglAnd Wales) RECISTERED CHARITY NUMBER.. J 140748 Unalldited Statements for Iht Ytar E•ded 31 Maroh 21)24 CRACE COMM AW Martin Wawivonh Limitoj Chartored Accow)wits Bronivylfa LlangluOrROJ Dyfed SA312PB
GRACE COMMUNITY AW eontonts of the FlnantlAI Siatemtnts ear en(led 31 Marcli 2024 Page ReportoTth¢ Trustees Independtnt Examitter's Report Statemcnt of finallcial Activitics Statement of Flnaneial Position IYotC5 to the FinantlalStatetDents 8 10 13 Dttsiled StHt¢ment of Financial Aclivities 14 10 15
CRACE COMMUNrrY AW ort of the Trus(tQ5 txr endtd 31 March 2024 tW51ees are aiso direciors ol'the charity for th purposes of Ihe ComwJnies Aa 2, presen¢ thbir rq)ori iviih the finanGial 51atcmcnts of ihe charity for ihe year end 31 March 2024. Tr trustccs have ithptcd Ihe prow5i0ns ol. Accounlin8 and Rcporting by charit1- Staiemeni of Recommendd Pr2£Li appli¢xble to ¢harIli preparing thcir accouiiis in &c¢ordance wtth th Financiaj RqM)rtin8 Stadald applicable in thc UK and Republi¢ of Ireland {fRS 102) (eifccuvL I JaDuary 20191. OWECTIVLS AND AcfiviTIES Objectiits Hnd ainis The Charity's principal activities are for public bEnElil- lo adydncc Ihc Chri&'liatt faith and 10 fulfil such oth# putwse5 lh are e.%clusively Charithble. The main obj¢ciiv¢s and u¢Aiviiies for the period iyeje lh¢ prvvi5ion of public ivorship, Ik. iyovision of human res¢JurLXS 2nd s¢rvi¢es io the cc¢nmnity and th¢ all¢vi8tion of hardship through vwious mean4 &8 li11 a8 5UPPOrt ford)Ltr¢h planiLII£. Puijlic benefit Ih¢ 1vIlieS und¢ngken ar¢ moniloraj closely by stalY2fKI iru¢C5 lo ¢n5urc ihat Ihc tecipients of ihe ctjarity's seryices ynd faciltii¢s have art ¢XPEri¢n¢e in kecping I[h Chriaian aimsand Liho The Trusiccs have Tefcrred 10 the CTrwity Commi&siim's £wdan¢e on public bcri[ ivhen reviewing the chil>,$ aims and objeelive5 and planning fiAure xiivili Volunteers Our ihanks go oui 10 all ihose ivho have voknitcred Iheir iimc and s¢tyrccs to help en5ufty' that Grdcc Communiiy Church eets lis aims and objcctives. ACHIEVEMEffT AND PERFORMANC Charllablt Aetivitle5 Throughout ihe pa51 year Ihe chgdiy coniinued io adwdmtt ihe Christian faiih in Porthcalrf and to provide scrwce5 to th¢ I2] tommunily, including financisl grdnts lo people in porth¥[ itho are undetgoing heJJship. and thrthgh the wiiiinyed provision ofserviccs like F(KwJshar4 Ihp A fjty UkTainian Rcfu8LCaf¢ Mumsand Toddk The dwiiy has eoniinued losuprt diur¢h pljniing, fundcd by ¥¢If don105 aryd YaJiou5gr4nl Thc clwity continues to have a 51ron8 involvemeni ivith Sch}11 knme5 and 01h communily-iwd or8ani5Mion5 within Porthcawl. organisaiion continues 10 siipport ihe work ofs¢vvJJ individuaL8 rIvId¢ ivhg seck lo advance the ChTi5tion la51h in diffcrenl of thE i¥orld. A mor¢detailed overvi¢w orth¢ ChaTiiy i5avwiableon ihe CharliS ivd)5i Pagc I
GRACE COMMUNITY CHUR Drt of the Trnstets rth 1r endtd 31 March 2024 FINANCIAL REVJEW FknaneSal position ThE ban£ of funds World Challenge of £20.520 ljas been ISfe(Toj from re51ricled io unrestri¢J funds forih¢ purw5C% of reinYe5tin8 into ihose fvnd5 TElatin8to outreaeK planiing and Ihl alL'vithiion ofhardsliip. The chureh plant in & Brid Minor ten ireaNxl 8s a rcsth¢ied fund. Since Irdnsferrin8 funds of £31,Ot19 mid.ycar to ttrR church plgtht {Gateway Churchk income of £2.195 h&% tlen rec¢iiYL Thi5 i5 held for trtLnsfcr 81oiiE ivilh any oiher incomc rrfjstYr-eTh& Supm has coniinued lo conje by way ol"donationsand grnnts dUringthcYr. RardIng Chari(Y3 Iinr¢styt¢tcd aciivrti¢& cxper¥Jilure hi8kn Ihan its inciKne forihe yr b), £10523. We continue 10 segment 13% of our ineorRe w 5uppon (rthers lYh oim5 anrl vidu¢5 olign ivith ih05¢ of our Cliuriiy. Am¢xJnts set aside and notyet are showqj &5 sep¥Testricd rv4XVeL Costs are wjiinuously kept to a inIMum. fttusing rewr5 on human on con)mdnity-rri¢nwed ivork and embrnein£ as much volun(arysupport 8s possibl PrineipAI fundlngsour¢es Funding is 2rceivd mainly from supportiiE individuals and relaL¥I gi&•d Llaim& wpplemenied by gran{ noiL 2). Rtstrves pollcy R¢5ervts are held su(fici¢nt]y 10 uphold ¢he objeetivo% of ihc charity i%yUKNJi pulling li in financial jpardy. Oui of ihc main grrwdl rcsLYves a txrc¢ntage i5 sel aside for funds for Ouiward GivinE for oV¢rS projec UK Support including ewangelism and for knIoTal carc and the Needy. li is the inlcniion ihat Jll ofihe5¢ separn funds ivill be paid OUL for IliL causes on Christian Eround& See nol¢l I fff MoVents on fund5 2nd hoi¥ynL A Viston Fund has bttn sci atMrL This is a longtr icmi fid ivith IbL aim olraising financcs ovcr the course ol'ul leaM on¢. year. fund 15 UtWC5trickd in natur4 bui hgs ihe oNpress aim of embling thc dr¢h'S vision 10 gro%Y through the Tenovation, purch orconstruction of p[rmi& Any teJ[ricd funds arE tKlIfi in IlWith the coThJitii)n58twthed itsparfirular souf5 of funding unlil fully CXPL7Nkd. rRucfuRQ COVERNANCE AND MANACEMETrtr Governing document The organisation i5 a Christian Chariiy registered on 9ih March 2011. Th2 Charily 15 an wwratcd cornpany {rc81L'rcd 21siJanuary, 2011) and is goifrned by McTnornThJum and Articl olAssociaiion. Recruilment and appointment of¢w truMees Thomas Cl¢iv¢r. Dr JOEI Morri4 Mrs airi51ine Stable4 RU1] Sthbles and Claire Flere%wd are Lxureni En Thisiee5 are appointed forongoingt¢rni& iviih nciYlrnsic¢5to beap[inttd ata Spcctal ME¢ling of A tearn of eldets havo been ¢5th1ished cnsure thai djarys 8wns are ideniifi¢d, and reflec1 through to Ihc body oftrustec& Orgftttismtional Strcture The orggmisatioml strUre of Grace Community chu is cmpri5vJ of iivo parLk firstly a leam ofcldcrs rcSpthlb]e tor Ihc over2tl vision, Icadership, OveIglt attd direciion of the ¢hurch includillg 811 pa5tornl and church le4dshiP ISSLKS. Secondly a kndy of tnL%ices ii,hD bts)r ponsibIl1LY C(x1ftg all issues pwthtning to fitwicial policy. tnJplo>qneni nials, good 5t¢wardship, and ivha seek lo ertsure that ih¢ charity is abiding b> be txacii¢¢ as defined by the ChitY Ct)nJmissiotL Th iwo elemts olthcorEunisali¢)n OrGra WO niany ofihL Jnduction And trrtlttlng of new trustees All Iruste4 hawng att¢Dd the church artd been Involv An elwrch activiti for more th8J) five ye gse more Ihan ramiliJri4qthin ih¢ c0ftit in Ivhich thc charity operthcs. Pagc 2
MM Nl THCAWL for tli¢ ¢arettiled 31 MAreh 2024 STRUCTURL GOVERNANCE AND MANAGEMEKr Rlsk manaeem¢nt Th¢ inwe&8 have a dY io identify wiew the risks w whith the ch*rii) is &xposed io ¢rnsure appTowiai¢ conlruls are in place10 provide tun8b1¢2¥SUrat againrt frnud and crnr. REFERENCE AND ADmINIRATIVE DETAIts Registered Co]np8ny number 07501715 lE7alld and Wales) Registercd Chxrity number 1140748 Regislertd offlce Hope Chapel NEivton Nollage Road Porthcaivl CF36 5RR TrusleL% N MattkthvS{reSi1ed 1.2.24) TJ E Cleiver Dr J Morris Mrs C E Siabl¢s R Stsblcs Ms C L Flernvard (app)irtied 1224) Ind¢pmdent ExAmincr Mgnin Waterworth Limited Chartwed Accourttsts Brnlf3 Llangurtnor RokNI Cmanhen Dyf¢d SLII 2PB Appred by ordcrortllebLrd oftrustCC5 on 24 May 2024 and 5i8nol on its bdJalf by: T J E Clewer- Tn¢
Ind endcDt E Gr2te Communr totheT Chutth Porth Indtpendent examiner's rEPOrt to the trustees ofcrnce Conithunlty Chureh Porth¢awJ I'tht Compally,) I report tothE tharity trustee5 on my cxaminalion ofthe 1)Junts0rIC Company for thcyL7rendEd 31 March 2024. Responslbilities and ba$15 Df r¢port As the chariiy& trustees of Ihe Company (and also its (firecl¢y5 for the pU4xS ofconipan> law) you arc responsible for Ihc preparntion ofthe accounts in Kcordance ¥vith the r¢quirenieJMs of Ihe Companies 2(KJ6 {'the 20tkS Act,). Having satisfJ¢d mys¢lf th Ihc accounts of th¢ Company arc nDi required lo tf audit•J under Part 16 of ihc 20( ALI 'll are digible for iTrdependeni exarnitWion, I repon in re5th ol my c%amiMion of your charity's ajts carriLd under Section 145 of ihe C&TI¢l¢S Aci 2011 ('th¢ 2011 In LTTh)'ing my exgmirtaion I hthve fts11¥ed thL. Directions sivcn by the Charity Commission under Seaion 14515} Ib) ofthc2011 ACL Independent examitieT'S $tstem¢nt I have eompleied my cxaminatiotL I rxmfimi lh& no mai*rs hav¢ wm¢ io my a¢tIOn in connc¢tion ivith (he exainination giving me ¢ause 10 believe.. accounting records ivcrt Mt keN iTr of thecompafty as ty Section 386ofthe2(M]6Aei,' or Iht accounis do noi accord ivith thosE records,. or th¢ accounts do not a)mply i¥ith the accouniing rwuir¢nKuts of SECtion 396 of the Act othLY than any rtquiremenc ihai the 8cc<yJnts give a Eru¢ fay vi¥ M4Jich i5 not a mgii¢r wlder1 8s parn oran ind¢p¢ndcni Yaniiftalion." or tk accounis have nDI bffn prcparcd in accordance iyith the mctknts and principles of Ihe Slement ol. Reeomm¢nded Prnciice for accounling aTrJ rcpffiing by chJrilie5 (applicable to tharilies preparing Ihcir dccthinis in accordance with the Fi¢MttciaJ Reporting Slandwd applib in thc UK and Republic of I1&d (fRS 102)% I tle no (XllC¢Tns aTrJ havc come across no Lxher matier5 in eojineaion ivith the &wnitiaiion ivhleh attention should be in this reportin ord¢rio en?ble a vraStanding ofihc wuftis reached. MartiN Watmvorth fcA Mmin Waierworth Limit¢d Chthered ACCountts Broni%ylfa Llangunnor Rcthd Carnionhen Dyfed SA312PB 24 May2024
GRACE COMMUNITYCHURCH PORTHCAWL nt of Finantial Activitie5 arcl) 2024 31J.24 To1 runds 31.3.23 unrc4riel furmfs fijnds INCOME AND ENDOWMEf(fS FROM Donaiions and legacics 100.205 14.950 IIS,15S 13i,140 Investment income 1.066 834 Totsl lo171 14,950 116,821 135.974 EXPENDITURE ON Chatitable actiYitir5 AdVeMent of ChriaiJn Faith chUh Plgthling 112J94 111394 41563 93.625 28,942 42563 112J94 42,563 154.957 121567 NET INCOMFJ(EXPENDITURE) TrJnsfer5 betwe¢n funds (1059- 20520 {27.6131 120,>20) (3&1361 13,407 NetmDvement in f¥aNrJs 9.997 <48,13J) {3&1361 13,407 RECONCILIATION OF FUNDS Ttha] funds bmugh( forrd 86fy14 50J28 13&972 123,i65 TOTAL FUNDS CARRIED FORWARD 96,(¥11 2,195 98,836 Th¢ ne5 fom torkn rinmcial SnnIS Page 5
CRA E COMMUNITY CHURCH PORTHCAWL t DfFinan 31J.24 31J.23 FIXED ASSETS Tangible Sets 4,801 4,991 CURRENT ASSETS tkbtors C&sh at bank and in hand 15,7LK> 79215 17,000 119.498 94,91S 131498 CREDITORS Amoun15 falling duc ivithin oneyear (880) {4,5171 NET CURRENT ASSEIS 94.035 131,981 TOTAL ASSETS LESS CURRENT LIABILITIES 9&836 136,972 NET ASSETS 9&836 136,972 FUNDS Unr&8trictcd ndS R¢s¢ri¢ted funds 96,641 2.195 86,644 50,328 TOTAL Fuf4DS 98,836 136,9r2 Thc chrilable company is entiil¢d io exen)piion tr7 audii under Scdion 477 of lh¢ Comtffjni¢5 Ad 2006 for the year ended 31 March 2ff24. The membets have not r4uired th¢ c¢Jtnpany lo obtsin an audii oftts financial for the year ettded 31 Mareh 2024 Sn accord with Stxtion 476 of the ComKKni¢5Aci 2006. The tru5tc&%acknoii.Idgr theIrspOnSibl111le5 for (a) ensuring that the rhaThtable c¢Mmpany kerp5 accouniin8 teth)rts comply w'iih &*iioths 386 and 387 of IhL Compunies Aa 2006 and preparinB finKIal siaicni¢nLs ivhich give a fair vi¢%v ofthc sw¢¢ of atla1 of the charitablc COPan). as a¢ Ihe end of each fitianciat yetr a1 of1 surplus or dLIiciL for financial year in accothn(x the rt'qUIrcI7l5 ofsections 394 aJKi 395 and iyhtch oth¢n%,1 iLYnply iyith Lhe re4UiNne olihL ConipaniES Act 20 relaiing to rin8ncial atemen so far&% applic¥blL% lo IlJ¢ charitsble CoMpy. (b) nth¢s fomi parf ofthese fin&la1 statements Page 6 coMiinueil.-
UNITY CHURCH PORTHCAW Ststemen 31 M%reli 2D24 ntinu Thos¢ financial sents havc been prpared itt 2LrixdanL% thE provisiS applicable Charitablc mpunie5 subjcci to the SlhDtI wmpanies TEgime. The finan¢ial siaiemetils weK ap0Ved by th¢ LIrd or'rwusle<s and auihorised for i&%ue on 24 May 2024 and Ivere signed on ils Fhalf by: T J ECluYer- Trustee I'l[e$ form part 01"the finonc4al SMLtnerbLs Page ?
CRACE COMMUNITY CHURCH PORTHCAIV
te
tattmtn
rcli 2
ACCOUNTING POLICIES
Ba5 of prcparin8 tlie financial strdlcmcnts
Tr rinancia] atem¢nts ol- dK' cknritsble c4mipaw, ii.hidt 15 a wjblic bencfjt ejllity undty FRS 101 hve ¢n
prepared in accordanc¢ iviih Ihc Chariiics SORP {rillwLTrIiOII.
liicome
All income is reco8nised in ttie Sthlem( of Fil¢1?1 Aciivili& on¢L' the ch?rity hes enlitIMl to thL funds. it is
probabl¢thai the incom¢i¥ill ¥e&Ved aT¥J ihb" amowit can b¢ mtwred reliably.
Expenditurè
Liabilities arc rctognised as expcndiiure a5 Sn as thLYe is a Icgal or Con[u1V¢ s)bligaiion commilling the charily
to ihai cxr£nditut4 il is lbabIe that a wansfer ofccoMtnic b&Jefits ivill be n'quir&l in sciilement and the amount
ofihe obligation can Lr m&Ted rLlidbly. Expendiiure is acLouiii¢d for on an accnJ#ls basis and h&$ been classiliwj
under headings that qrEgate all COSL Telaled lo lh¢ catLVry. IVhL%t costs cannoi be dir[lY attribuLed io r{Icular
hding5 they have b¢en ull(KMed io activitie5 on a basis consistcnt iyith the ofresource5.
Tnble fixed d755tts
De¢ClaOn 15 Provid ai the follthvingannual rAIL in w(krio i%tiiL oJTeach ov¢r its us¢ful lir
Fimures and fiuings
2Wo )51
TaJi?tion
Thc ¢harity is cxcmpi frDrn COrrall0ft its chariublL' aaiviiii¥.
Fund aceourtting
UnTric(ed fun(Ls cw) t¢ used in XCordan ivxh the charioblL objecrivc5al th¢ dis¢Y•ion olthc In]sto
Rcstri¢td fiJnd5 can onl> bE for pynicular reMri¢ied pufjjosts within the Obje ofihe ¢lMriiy. liesiriciio)
arise ivhen specified by th¢ donororivhen fun(Ls rJi5cd lor pariicular rcslricied rAur*)
Funhwexpl8rt81ion ofthe luand pUr[m (und is in¢ljed Tn th¢ notes io thc finwKioJ statemrtS.
DONATIONS AND LEGAciKs
31J.24
Total
funds
31.3.23
Ttha]
d5
UnT¢sed
runds
Reslricled
fun
Donations
GiAwd
Gran
VA579
15,626
7.450
2.029
15,626
7,500
94,140
17,(XK>
24,0(KJ
7?00
10020)
14.950
135,140
tinucd...
UINITY CHURCH PORTHCAWL Notes to for the nlinu ¢arended 31 M DONATIONS AND LEGACIES- eontinued GTants received. iwluded in IhE obove, arc a5 follw%s: 31.3.24 31.3.23 14oiw4Td foundation Lauderthle TNS¢ Church N¢iwoTk 4,OlX) 15,OLKI 5.OtM) 7.5(M) 7,srxi 24,0 The grants fram Howanl Found3tion. Lauthrdple Tr1{ ehurth NehV0 are specific funding for the Chureh Plani INVESTMENT JNCOME 31J.24 Total rund5 31J.23 To1 rutM15 run fund5 Rents recciv D¢p05ii account intue5t 660 174 866 866 1,666 834 NET 1Tr4COMFJ{EXPENDrruRE) NEI incomc/{expendiiuTe) is swed alhYeJMrgingl(cr¢diling)= 31.3.24 31J.23 Depreeiaiion. owned 1213 1.685 TRUSTEES, REMIJNERATION AND BENEFITS Eh of the trustecs are r¢laicd par4ic4 bui only"r clew receivcd any TEmuncration for his seNIC as pastor or Grace Cornmunity Church. He ¥e¢eived H gr05s lary ofE34.683 aThl the ¢lwrity' contribuicd 4774 for his nsIon anangEmcnts. Ptsgc9 continucd...
CRACE COMMUNITY CHUR WL tht FinanciAI Statements- continued rch2 TRUSTELS, REMUNERATION AND BENEFITS- COOtiNucd Trustees, expeu5¢5 One iru5tec weeived ¢x[Kn$ for trnvcl and olrC05ts amouniing 10£3,38612023: £1,506) STAFF COSTS Th¢ avern8e m(7nthly numbcrof cmploy¢es dumg iVdSa% folknv& 31.3.24 313.23 Pa51or21 Ministcat 5UPPOrt Adminithtive 5UPPQrt No anployee5 rcreivcdetnojents ift oxcess Of£60, TANGIBLE FIXED ASSETS Ixiures ritiing5 COST Ai l April 2011 Addilions Dispos&is 41.185 2.723 12,017) At31 M8rth 2024 41.891 DEPRECIATION At l April 2023 Chaoe foryear Eliminated on dispo[ 36.194 2.213 Ai 31 March 2024 37,090 NETBOOKVALUE Ai 31 Mah2o24 4WI A¢31 March 2023 4.991 As of August 2019 Hope Chyl has en Ir&n5fertrd l¢galEy irto mvnctship of Ihe cornpzny Grace Communily ChuzEh Porthcai¥l (company number 07i01715). No CO ivas inCUrd oihcr ihan legal c(5 of£4,010 whith IHVC be¢n included &$ expenditure on ch2ritablexiivi1iL in lh¢ financial Staents for thcyear to 31 Mar¢h 2020. Ai ihe lllne ofihe transfer rn Augu 2019. £150,IMIO iwds placed a5 an apwokimaie value on the &%5et cansists Df lonE-mi leasehold land and buildings. Thi5 nofL' highlights a vduablc a55el oi%ned by the coi*rMnyJ fully available and utilized for its Orfftlio WiihouE the requir¢me]M for a fonnal y8]wl01 it j5 considered to bE a lair pproAimation of 115 Vdlue at 31 March 2024 by Ihe InJsiLts. Pag¢ 10 continued.-
CE COMMUNITY CHURCH PORTH ial Statemc -conlinued for ihe DEBTORS: Amouiirrs FALLINC DUE WITHIN ONE YEAII 3 lJ.24 31.3.23 Otherdebro 15.700 17.000 CREDITORS: Afviour(rs FALLING DUE IVITHIN ONE YEAR 31J.24 31.323 Social securily Dnd othcr tse5 IMFRraedilOts Accrued [55 53 1,120 4,517 Jo. ANALYSIS OFNET ASSETS BETIVEEN FUIYDS 31.3.24 Total 31.3.23 'rotal runds Unrestric*d runds Restyicied fS Fix¢d Lsseis CurrLytt &ssets Currtnt liobiliti 4,801 2.720 (880) 4,801 94,915 (8801 4,991 136,498 {4.5171 2,195 96.641 119) 9&836 136,972 MOVEMENT IN FUNDS Nct move¢1 in fut¥Js rrArLsfc At 3lJ.24 At IA.23 UarLYtri¢ttd fund5 Gencraj fiuKi Oui%%wd Giving UK Support Pastornt and Needy VSsion Fwd 71.264 3.173 937 5270 (9,Ir21 {i,S05) {1.080} 8J46 6,55) 3.746 187J 70.438 4223 9,(A)3 7,143 5,234 8&644 (10523) 2Q520 R¢strieted funds Church P18nting WorfdChalleng¢ 96,641 29,808 211520 {27,613) 2.195 {20S20) iO,i2¥ (?7,613) 120520) 2,195 TOTAL Fuf4DS 136.972 (38,136) 9V36 C4)ntinued...
OMMUNITY CHURCH PORTHCAIVL cnt for tlie ear endetl 2024 MOVEMENT IN FUNDS-eontinued Netmovement in in¢luded in the8knarE a5 folloiy Incoming Rwjrccs CAPLded Movenieni in fund5 Unrestriet¢d fu5 Gencrttl fijnd OuiM*rd Giving UK Support Vision fund 96,637 (105.809) IS.iOS) (1,080) (9.172) (5505) (1,080) 5,234 5,234 101.871 (111394) {IOJ23) Rostrieied funds Churth Planling 14,950 {42,S631 (27,613) TOTAL FUNDS (li49571 {38,1361 CoMpArntiV¢5 for Iiiovemeiit ID [ndS Nd mov¢7nrni in fijnds 'rransfers Ai 31J.23 Ai 1.422 Fun(ts Unrestrlcted funds Gcncral fund Ou(Ivard Givin8 UK Supwrt P8S10T And Ne¢dy 15.524 {7.420} (1.0801 (385) (12J041 Q625 3.786 1.893 71,264 3,173 6.937 5.270 3.968 4,231 80.) 6ffi39 Restricted fund$ Churth Plantir Worfd Chall¢ng¢ 86,644 23.(HO 20520 6.768 29.808 20,520 43,560 6,768 50J28 TOTAL FUNDS 123.565 13,407 136.972 PagL 12 continu...
CE COMMUNITY CHURCH PORTHCAIYL cial Stattrmc - tonlinued ror the 3JM MOVEMENT IN FUIYDS- eollilnu¢d Comparwtv¢ nct m0ment in includrd in LI aboveare as fdithys: IncominB IILwurces Movement in funds Unrestrictcd fvtnds Gen fund Ouiwthd Giving UK Support Pas1Or and Nccdy l(ll264 {84.740) 17,420) 11.0801 (3851 15.524 {7,4201 (I,oao) (3851 100,264 {93,6251 6h39 RestrSet¢d fun Church Planting 3).710 (28.942) 6,768 TOTAL FUNDS 135.974 (121567) 13,407 Ouiirdrd CiviThg paid out during Ihe 10 31 March 2024 ministry giIls lo11]ng £i,505 (2023: £7.420)- UK Support pwd oui £1.080 (2023: £1,080) Wiiett&'Rde and the P&qorai g]wJ Fund potd oui gifts iotalling £0 (2023: £385). 12. RELATED PARTY DISCLOSURES Ther¢ ivw no rElated party Irathsaaions for thL' 1'edr¢nl 31 hlarch 2024. l)ats¢ 13
E COMMUNITY CHURCH PORTHCAW f Finantix clivities for the 31.3.24 Total funds 31.3.23 Toi fjJnd5 unreric rund5 Itcsiri¢i¢iJ timds INCOME AND ENDOWMEN75 Donations And leg8ct¢5 Don)¢5 Gift aid Grants 114,i79 li.620 7.4iO 92.029 15.626 7JtM) 94.140 17,000 24.0(M) 14,950 115,155 13i,140 Iiivestrntnt ineome Renis rceetved DtP05il account interest 8IKJ 660 174 1,fj66 J,6 8)4 Total incomthg rowur¢¢s 101,871 14,950 116,821 135,974 EXPENDITURE Charltable gcdvltles Ptr5 wages Pastols pon Pastor's cxpcn EniployerrAiiollol insurm. Evan8eli5m Oihcr ministry Visiling ministy Mini81ry gI1)g ld from fund5 5etasidL Special ¢vents Non-iidje receip 14ospilalily Y¢)ulh %VOTk and cvcnts Other postornl and charitoble supp Utiliiies MaiTrienance Legal costs Training and dcvclopmertl Venuc hire Subscriplions In$uranccs Stationery and otTirr Accountancy & &xominaliorA Carricd foThwd MOJ" 2.774 3.386 1.20¥ 4.li2 14J81 34,683 1774 3J86 1.208 35,161 23,957 31200 2,496 31,1 9.)76 50,317 150 8,885 4,771 (1,327) 1217 916 4.091 4,149 589 1038 248 13 610 1,532 124 1.325 120,882 0,585 6585 15:6(K>) 1.6iS 1.475 29.033 4.358 838 (5,606) 1,65) 1.475 4J58 838 1.590 EJ90 1,469 1,167 66 1,469 1,167 iJoi 110S()9 42,175 151744 Thispagc dacs noL pad ofihe linancial swements Pag¢ 14
GRACE ORTH Dttailtd Statenient of FlnArt¢ial Activ5iEes the oar ended 31 March 2024 31.3.24 Total runds 313.23 Total nds UiY£siricttd fund5 Charitable aclivitiES Bty)ught fonvar(I Depredation of (angible fLx¢d a 110569 1.825 42,175 388 152.744 2213 120.882 1,685 IIiyJ4 42.)63 154.9S7 122567 Totrjl Ksource5 Expended 12,394 42J63 154.957 122,567 Ntt Income {10523) 127,6131 138,1361 13,407 This page dS not lorn) part ofthL ll[Ory linan¢ia] siuiemth*s PugL IS