Amazing Grace - Teesside Report and Statement of Accounts for the Year Ended 31 December 2022 -Registrar of Companies Copy- Company No. 07763798 llllll "BCD2BB7Z• 20912023 cPANIEs HOUSE 892 *170 ANDERSON BARROWCLIFF LLP Chartered Accounlants
Grx¢¢. T¢e55Mle ntents CotnpaDy iDfounation Rep)rt ofthe Trustees Ststetllent of fla1 activities Balance sheet Notes to the accounts Indep¢ud¢Dt Ex8DJin¢r's R¢wTrrt 12
Amazin Truststj Dr S Braye Dr T Giblx)ns MrAJPBraye Mr T Brotsghto - Resigned 2310312022 Secretary Mz5 M Braye Cojnpany Number 07763798 Charity Number 1145379 Regtstered Offiee 59 DUtha Ro DAiddl¢sbrough TS6 9NA B*nkers Barclays BaDk I Churcbill Ptsce tA)ndon E14 5HP 3 Kingfisber Court Bowesfield Park Si(Kkton on Tees TS18 3EX
Grxee- Te&sslde Re rt of The Trustees The ISte¢S, who are also directors of the cbarity for the pllposes of the G)mpaaies Act 2LN)6, preseDi their report with tbe fwaDeial statetnents of the Charity for the year ended 31 DeLember 2022. The truste have adopted th¢ provistoths of Accounting alld Reponing by Cbarities.. Statement of R0mm¢de Ptactice applicable to ChltieS preparing their accounts in a¢cordao¢e with the FIDClaI R¢FortiDg StaDdard applithle in the UK and Repub]ic of Ireland (FRS 102) (effective l January 2015). The Charity's objects and its principal activity is the teaching of the bi1¢ and assisting in the development of our congregation's faith. It also coniinues to striv¢ towards th¢ itnprov¢m¢DI of family aDd individual wellbeing and the development and monitoring of yOUDg people in tb¢ ar ACHtEVEMENTS ID 2022, the ¢barity eottlitiued its church 1vitieS ofj Teesside. UK (Anllzillg Grace Te¢sside) and Tart Estonia (Al[218 Ge Tartu), with fijrther developmeot of its ¢baTity sIp in Middlesbrough. A lease agreemeDI w&% entered ititoto lease a secondcbariry strlop in Red¢ar, with the thopopeDiDg inJanuary2023, eosting£8.000 excluditig VAT per allllu a five.year lease bas be¢D ay¢ed to. The sbop5 now have the usc of a van to enable them to offer frtt llectiOnS of donations to in¢8$¢ in¢otn The church in stO¢kto UK (AtDatiD8 Grace TeessTrde) coniillued to bold two services eacb Swthy with families aDd children being Of particular fo¢$. The Family Services coniinue io bave a successful iDfiu¢nc¢ in eD¢oufdgiDg faTnilEes to worsbip, learn and have fim gether. The churcb also moved its base froDJ Stockton to Middl¢sbrougb during the year to eDable it 10 continue io offer two services each Sunday at a tim¢ wb¢n pr¢mi5¢s costs and the cost of utilities were increasitig sigmficantiy. DuriDg the year the cbvrch in Tar Estonia (AmaDng GAee Tartu) coniitiued to grow alld estsblisb itself ID its new pr¢mis¢s in th¢ City fXDtr¢. 2022 also saw the ¢huT¢b leaders travel on Ininisty trip5 to Sweden. Sparn and Estonia TwhTch enabled fijrtber developrDeot of relationsbips with ¢bur¢bes and leader5 Ove. Further trips in 2023 alld beyond are plattned with the view to grow this area of ¢h¢ cbatity's int¢rnational missionary wo The ChaTity sbow¢d a d¢fi¢it on ullrestiic*d funds of £35.866 {2021.. £2A631) for the year. Reservtt Poiiey The aitu of the Charity is to secure fre¢ reserves to the valu¢ of around £25.IKM) per annum thal would facilitate rnteruatiollal miSSiOD growth. At preseni the reserves do Dot reach this targ¢t and the Trtte& arc looking at way5 of increasing reserves. Ai the year end the Charity ld negative free Te5erv¢s (UDr¢stri¢ted T¢s¢rv¢s le&8 th¢ amount inv¢sted iti fixed a&sets) of £62.173 (2021: £28.390). Durittg the year we have seen a cootiDwation of reduc¢d l¢v¢l of donations to a Stnaller congation than in previous years in the UK church. although we have seen an incrtase in donations in 2023. The main Contributor to the deficit ID Utuestricted funds is due to Fu'gh premi wsts whicb led to the rtiove from Stockton to Middlesbrougb detsiled above. This will save ¢ir¢a £39.000 per aonum ID s¢rvic¢ charge atKI in5uran¢¢ costs plus around £6,(W in utilities. The replxeuKnt bir¢ wsts ar¢ circa £8,5(Kl w aDnum. The significant creditor balance at the previous year end continued to be of concern and focus for the trustees. This focus led the Charity to agree and sign Into a Settlement Asemellt with the creditor, removing the possibility of the creditor calling in payment attd allowitig the Charity io focus on its objectives and the Tnjstees to foeus oll growing income. They have aeed an arrangemettt to pay with the tnain trade ¢TlItOr arrears of £67.918. Payinents will Ee made for 60 months totally £31.120 (£518.66 per month) and then the remaining outstanthng balall will be writtett off by th¢ supplitt.
STRucfuKE. GOVERNANCE AND MANAGEMENT Th¢ Cbarity is constitut¢d &$ a Company limi.ted by 8uardDt¢e, without a sbaTe pits1, and 15 ther¢fore governed by a meDrandU and Arti¢l¢s of Associati"on. It became a regtstered clwity on 10 January 2012. The Cbarity is organised so that the Tntstees me¢tregularly manage tb¢ affai of th¢ ¢barity. A truste¢ is in char8e of tbe day to day Tunnmg of the Charity. APPOll¥TTrtENT OF TRUSTEES Mr. A. Braye. Dr. T. GibboDS aDd Mr. T. Brou8btoD continue as truste¢s. New tn]stees are approached ar apwTrint&l after iotenwl colderation and di5CU&SiOD5 against the following Gettuine interest in the cbarity's objectives and activiti¢5 and our arw of OWion Has a skn"Ilset whicts can enl)ance and complement those of existtD8 tn Caring and cooperative in llabjre CoTnpletes aPPTOPTiate checks froD) the Disclosure and BaIDg servi (DBS). Are not in brcach of Trusttt requirements detsiled by the CbaTities Comtnission Are not in breach of the Trus Tequirements derailed in the charity's MemoraDdum and Articl¢s of Associatiott. TRUSTEES STATEMENT ID setting our objectives and platming ovr activities tb¢ Trustee5 bave given careful consideration to the Charity Colllltiissioll guidance oll public benefit. The Cbatity satisfied the public benefit critcria through its objects.ves and work done in the year for families and young pwl¢. This r¢port bys b¢¢npr¢par¢d in ¥¢ordancewiththe speciaiprovisi0ts8 ofPart 15 of tbe Companies Act 2(K)6 relating to snwll ¢OD)paDie8. By 0er of the TDJStees Date= 2710912023 Mr A Braye. TnL
StatetDent of Finanti#l Artivities ludiTh Income aDd Ex enditure the Year Ended 31 December 2022 (All Unrestrlcted) 2•22 2021 ¥COM£ FROM: Donatio])s aod L£gacic5 ' Other tradiDg activities Government grants Investmellt incotne 93.736 30,103 25.603 41 31329 Tot1 In¢otDe 128239 149.483 Clwitable activilies 164,lOS 176.114 Totsl Expenditure 164,105 176,114 Net Deflclt In Fund5 FuDd BalaD¢e Brougbt Forwrd (35,866) (23,024) (26,631) 3,607 FuDd BgJ•nce C•rrifd Forward {58,890) {23.024}
Company No: •7763798 Amazln Graee- Tee55ide Bal*oee Sheet as at 31 December 2022 2022 2021 Flxed Ass¢t$ Tangible &55ets io 3383 5.366 Current Asgets Debtors Cash at bank and in hand 12J52 1.787 1,102 1,509 14.039 2.611 Credlt&rs.. Amounts fallin8 the within ODe year 12 (76212) (31.001) Net cU¢t Lfi#bl]Id¢s (62.173) (28.390) Nel (Liabijitses) l Assets ($8J90) (23,024) Funds Unrestricted (S890} (23.024) {58.89D) {23,024) For the year ellded 31 December 2022 the Company was ¢ntiti¢d to ¢xempti¢)n from audit under Section 477 of the Cotnpanies Act 2006 relating to sn)all companies. DirectOf5' responsibilities.. The tnembets bave ttot required the company to obtsiD an audit of its accounts for the year in quellioll in accordance with section 476. The directors acknowledge theirr¢sponsibiliti¢s for1)Ing with the requ1rernct of Actwith rewt to accounting records aod tbe pr¢paratioD of aw>u. These accounts bave been wepared ID aOrdance with th¢ provisiott% of P8rt 15 of the Companies Act 2006 relatitt8 to small companies. The finall¢iai ststements were approved by thc Board of Tnts¢S on behalf by- 27109r2023 and wer¢ signed on its Mr T Brougbton Trust¢¢
Grace- Teesside Note5 to the fill¢111 tements for the Yur Ended 31 Deeember 2022 AccouNfiNG POLICIES (a) B$ of prepration The cbaritsble company is a re8istrred clwity iti England Th¢ address of the regisrered office is given in the cojnpany informatiott on page l. The oature of the charitable company's opeMions and principal activities are sbown in tbe Report of tbe The Trustee5. The ¢Trltable conwaoy OmlIut¢S a public benefit entity as defilled by FRS 102. The fart¢ll1 ststements have been prepartd iti accordance with Accounting and R¢poTtinB by Charities". Statement of Recornmended Prdctice applicable to cbaritsble ¢OmPaDies preparing tbeir accounts in accordance with the Fitiancial Rep)rting Standard gppli¢able in the UK and Republic of Ireland (FRS 1021 issued iti Ociober 2019. the Financial R¢porting Standard applicable in the United Kmgdom and Republic of Ir¢laod (FRS 102}. the Cbarities Act 2011. the CoD]pawes Act 2006 and UK Getterally Accepted Practice &% it applies from l January 2015 Th¢ fwary¢iaL statetDents arrptrpaTedon a going CODcernbasis UDd¢r the hRStoricai costeonveniion. The t[te$ believe that the ¢han"ty will be able to meet its financ obligation5 when they becoTne due. The financial review onpage 2 gives detsils of th¢ and expected finaDcial position. The trt¢S have consi¢Jered the level of fuDd5 beld and th¢ ¢xpected level of itic0n and eXpenditt¢ for 12 months from avthorising thes¢ fiwicial Staternts and believes that the"cbaTity will bave fficient fijnds to meet all obhgati0. Th¢ financial ststements are prepared in sterlmg vknicb is tF fiJD¢tional CU¢ll¢y of the ¢haritable COD]paDy. rounded to the nearest £. Th¢ significant accoulllitig pokn'cies appli in the prepaTation of tbese financial ststements are set out below. These policies bav¢ be¢D wosist¢ntly applied to all ye5 prcsellted wjless otherwise stated. (b) Comp8Dy Status The cbarity is a company limited by guzrdntee. The mernbers of the cOMpY are the trustees named on page l. In thcevent of the clwity wouttd up. the liability in r¢5p¢clof th¢ guarant¢¢ is limited to £1 P¢E metDbcr of the chanty. (d) ID¢thIDiD% r¢4•iirtu Items of incotne recognised and included in the accounts wheD all of tb¢ following triteria are Jn¢t'. The charity entitleme to the fiwtyjs. Any p¢rformaD¢e conth"tiODS attached to the im{s) of Ille bave be¢D or are fiY vrithin the control of the cbarlty. There 15 sufficient certainty that receipt of the iticotik is cotisidered probable" and The amouot Can be measured Idiably. There is no nettiDg off of ¢xprnditswe F11 tb¢ ¥WUDts. Dottatiotts are credited to iDCOm¢ &$ they tr¢ rvxived Income from government and Oth graDts, wbetber capital or revenuc grants, is recogDised when the cbarity bas entitlem¢nt to the any wforman¢¢ CODth"tioDS attached to the grallts bave been meL it is probable that tb¢ iWA>m¢ 11 be received and th¢ ¢AD be rneasured reliably and is not deferrn Continued...
Crace- Notes to the FiMn¢ial Swem¢nts for the Year Ended 31 Detember 2022 ACCOiIThTING POLICIES - CODtiDu¢d (e) Re$our¢e5 eIpended All exp¢Dditure is accounied for on an ac(nlS basis aDd is Tecoglliwj ODC¢ ther¢ is a lega] constructsve obligatiott to make a payineDt to a third party, it is probable tbat sertlement will be requlled attd the ajnoullt ¢aD be measured r¢liabty. Attributable VAT is included iti expetsdiwre and cannot be rxovued. Exp¢nditure is cIlfied Under the following headin8S.' Charitable expeDditur¢ ¢otDpris¢s those costs illcued by the clwity ID the delivery of its activities. It Lo¢lUd both costs wbicb ¢aD be directIy allocated th aciivities and tbose costs of an indiTect nature nec&ssary to support them. Support costs are those fuDctioDS that assist the work of tbe cl)aTity but do not directly undertake cbaritsble activities. Support $ts include geDeral repaiT4 iDsuraD¢< utility bill and governance cosrs. Governance costs are those iDcurred in CODnection with cornpliaDc¢ witb corltiO0al and (fj Fixed Assets c3pitslis¢d. Improv¢mellts to propty are deprrtiated over the pertod of tbe lease. Collyuter equipment is depreciatrd on a 2/th straight lin¢ b&5iS. Fixturt8 and fittings are depreciated on a 200/• straigbt I¢ basis. Motor velll.cles are deprecied on a 20Y• suaigbi IiD¢ b&si5. Csb at bDk Casb at bak aDd Ash iD band in¢lude5 cash and short kn higbly liquid itivestsllents with a sbort maturity of three monts or I from the date of acqwisitiott or openxng of tbe deposlt or similar (h) Debtors Trade and other de01$ are reco8Dised * the settlemeDt amouDt th. Prepaellts at¢ valued at the amount PTepaid. (o Creditors Creditors and provisions are reco•S¢d where the cbarity a present obligation resulting from a past event that will probably result ID th¢ transfer of funth to a tbird party and the amount due to settle the obligaiioo cao be measur¢d OT estimated reliably. Credito[5 and provisiolls are Domially recogDised at their s¢ttlem¢Dt amount after allowing for ally trade discoullts th. (J) FuDd 4¢¢ounting General fvDds are uDttstri¢t¢d funds wbich are available for use at the discretion of the trustees in fie[ance of the general objectiv&s of the charity and which have noi beeo designated foT other (k) TAxatlon The charity is an exempt Cbarity within the tneaDiti8 of scbethle 3 of the Clwities Act 2011 aod is nstdered to p&ss the tests sei out ID Pardgrdpb I Schedule 6 Fitmnce Act 2010 and. therefore, it m¢¢ts the d¢fmition of 4 ¢baritsble cornpany for UK ¢otporatiott tsx purposes. o) OperatiD% Ikas Operdting lew rentals ar¢ ¢bar8cd in th¢ Statetuent of Financial Activitie5 on a ¥traigbt linc basis ov¢r th¢ leas¢ lerni. (m) Foreign currencies Assets and liabiliiies in foreigD cum¢ie5 are translated into S*rling at the rntes of exchange Tuling at tbe balattce sheet date. Transactions iti foreign curfencies aTe translated into steTlitig at the ra of exchange ruling at tbe date of the trans810. Ex¢baDge differeDCCS ar¢ tak¢n iThto account itk arriving at th¢ op¢rating profit
Ama7Jn Crxee- Teesslde Notrg to the FiDantial Ststements for the Yw Ended 31 Dettmber 2022 DONATIONS AND LEGAC 2022 2021 Donations W20 93.736 21122 2021 Charity sbop sales Book & tuck shop saks Profit on Sale of FIX Asset 3•Jl)6 423 29,459 644 31329 30,103 2022 2021 CoronaviDLS Job Retetttion Scheme 25,603 VESTMENT ThCOME 2022 2021 Bank AtiteTtst 41 DONATED GOOD& FACIUTIES OR SERVICES Voluttte¢r5 doDate their lime to help Vario8 To1&5 a¢ross the clwity. Trior to the ¢barity shop OP¢DiDg, this had been predominat)dy belping nm cbur¢b services and events. Sitice the shop opened, the role of volunteers expattded to illclude rulltiing the shop. There are also a Sn11 number of volunteers who help tkle Iwity in adn)Inioll rol¢5.
raet-T Notes to the FSn8tseJ Statements for the Year Ended 31 Deeember 2022 2012 2021 Costs direftly allotated to activAts: PayuteDts for pastoral services Food & think Rent & watrr Missionary tiips & expenses Alpba costs Youth Work eosts Wages Social SecuTity 14,065 2.481 43J94 20.966 3.205 33.366 8.032 308 1.975 62.600 2.202 435 65,1(Kl l.S49 136,080 132.654 Support allo¢a¢ed to adivltles 1389 8,474 139 851) 3,169 498 1,581 279 6.404 11.138 967 800 3.262 1.419 1,266 994 12,761 Heat & light PriDting, Postsge, stationery & adveTtiSiDg Telephone InsuTan¢e Travel expenses Sulldries Book shop5 DepT¢ciation Loss OD sale of fLxed assets Computer exp¢ns¢S Bank cbarges Foreign excbange lo&%es Donations lJ90 2.086 940 22 ioi 5,083 26025 42,320 Govern*nee eosts Independent Examiners fee 1,21JO 1.140 1300 1,140 Totsl expendilyr¢ on ¢haritsbk adiTrilies 164,105 176,114 STAFF COSTS 2022 2021 Wages & salaries Social Security costs 65,IOQ Iy9 62.61 2202 66,649 64,802 The average monthly llumb¢T of ewploy¢¢s dwing the year w85 3 (2021 . 2). No employees received ernolutnents ID exc¢&s of £60.1NKI. K¢y management p¢noDDel The trustees are deemed key management petsoDllel. rLO remullerntion b&$ been paid to any truslees in the period.
Cr*ee- Teesslde Notes ¢0 the Financial Ststernents for tbe Year Ended 31 io Fixtsres & Computer Eqlllpment Improvements ¢0 Property Total At l January 2022 Additions Disposals 13.143 24.412 3.666 823 41,221 823 (1.375) (1.375) At JI DeMber201l 11,768 24,412 4A89 40,669 Depre¢i4tioD At l January 2022 Charge for Year ElimiDatcd on Disposal 12.029 408 (1.375) 1222 1.496 35.855 2.906 (1.375) 1,002 At 31 December 2022 11,062 2,718 37J86 Net Book VAIw¢ 31 D¢¢emb¢T 2•22 706 8116 1,771 3383 31 Dccember 2021 1.114 1.108 5J66 li DEBTORS 2•22 2021 Otbw debtOTS 651 451 11,618 12,252 1.102 12 CREDITORS: AMOiJNTS FALLtYG DUE WITHIN ONE YEAR 2022 2021 Trade edItorS A¢¢nlS Otber taxes and social s¢eurity Oth¢r Cr¢ditors 70252 1.872 998 27,385 2,041 1,575 76312 31,1 13 IEASING COMhllTMENrs Minimum lew payments ut)der noD-cancellable oFatIng leases f811 as follows: 2022 2021 Within one year 1-5Y¢ars &oo 31000 40,OIXI The total lease payments reco8llised as an expeDse in the Ststement of Fitiancial Activiti&s were £DiI. (2021.. £4,583).
Am*ziD GrAc¢. Teesslde Notes to the Financial Statemettts for the Year Ellded 31 Detember 2022 14 TRUSTEE REMUNERATION AND EXPENSES Mr A Brny¢ r¢teived £72(X) (2021.. £6.675) forpastOTal Servi5 provid¢tL Expeoses totalling £1,448 {2021.. £1.777) were paid to Mr A Brnye. Exp¢D5¢S totalling £470 (2021: Nil) were paid to MrT BToughtoll. No other trustre expeDSts or rE[Dwiall0 were pai 15 RELATED PARTY TRANSAcrtONS Atnouuts paid to trustees are ststed itl Dote 14 above. Sally AnD Grace BroU10n. mother of a tnjstee, Iw been ettwloyed by the Cbarity. the surns totalty £2.500 (2021.. Nil) have been paid io Sally in the period.
IDde dent Exxminer's rt to the Trn5tees of Arnazitt Grnte- Teesside I report ty tbe clwity trLLStees on my examinthon of the accounts of the Conwny for the ye4r ended 31 December 2022. Responsibilities bwis ofreport As the clwity's tNstecs of the Company (and also its direc for tbe putwses of cotnpany law) you are reswnsible for the preparation of the accounts iti accordaoce with the requiretnents of the Compames Act 2006 ('Ibe 2006 Act'j. Having satisfied myself that the accounts of the Company are oot required to be audited Under Part 16 of the 2016 Act and at¢ ¢ligibl¢ for UKi¢p¢Dd¢Dt ¢xaMiDatiO I r¢w)rt in re5PXt of my ¢xaTniDation of your charity's a¢¢ounts &5 catried out under 5ectioD 145 of th¢ Charities Act 2011 ('Ihe 2011 Act,). ID C4llyiDg out Tny ¢xamiD4tion I bav¢ followed tbe thrections givffl by the Charity Commi&sion under sectioD 145(5) (b) of tbe 2011 IDdependeDt uamther's ststsment I have cotDpleted my examItiOn. I CODfinn that no Dutters have come to my attention in conne¢tioD with the cxatDiDation giving Me cause to FKlieve:_ accounting records were kept in Tesped of the Company &$ required by se70 386 of th¢ 2CN)6 Act" or tbe accounts do not accA)Td with those tecords. or the accounts do not conwly with the accounting requirettmts of section 396 of the 2(6 Act other thall any requirertient that tbe accouats give a tue aod fair view wbicti is not a Dutt¢r considered 5 part of an thc accounts hayc not been prepared in accordance with the methots and winciples of the Statement of Recomtt*nded Pzactice for &¢ountiDg and repoiting by Charities lappb"cable to ¢lrItieS preparing tbeir accounts ill accordance with the Fitiaticial Reporting StandaTd applicable iti the UK and Republic ofJreland (FRS 102)) I have llo concerns and have cotne across tso other ma(ters in COTmectson with the examination io which attention sbould b¢ dtawn ID this T¢PCrt ID order to enable a pwper undeithding of tbe accowits ¢0 b¢ reached. Mrs Jane Bcnnett ADdersoll Barrowcliff LLP Cbartered Accountants 3 Kingfisher Way Bowesfield Park Stockton on Tees TS18 3EX