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2022-03-31-accounts

Charity registration number: 1153995

GRACE CHURCH HALEWOOD

Annual Report and Financial Statements

for the Year Ended 31 March 2022

GRACE CHURCH HALEWOOD

Contents (continued)

Reference and Administrative Details 1
Trustees' Report 2 to 4
Statement of Trustees' Responsibilities 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 15

GRACE CHURCH HALEWOOD

Reference and Administrative Details

Trustees Mr Bryan Walsh Mr Edward Boyes Mr Jamie Robert Sparkes Mr Sydney Alexander Elliott Mr Rodney Wort Mr Mark Wesley Armstrong Mr Stephen David Wells Charity Registration Number 1153995 Principal Office 9 Hedingham Close Halewood L26 6LX Independent Examiner GRC Accountants Limited 166 Banks Road West Kirby Wirral CH48 0RH

Page 1

GRACE CHURCH HALEWOOD

Trustees' Report

Introduction

Grace Church Halewood was constituted in 2006, and registered with the Charity Commission as a Charitable Incorporated Organisation in 2013. This sixth Annual Report is prepared in accordance with our obligations as a CIO and relates to the period from 1st April 2021 to 31st March 2022.

Aims and Purposes

The Trustees are responsible for the objectives of the charity – specifically to advance the Christian faith for the benefit of the public in Knowsley and beyond, and to relieve distress here and elsewhere.

Achievements and performance

2021 saw the national emergence out of lockdown, the trustees had another set of circumstances to manage with a nervous community. Our aim to return to the activities that Grace Church had been running and involved in for the past number of years – namely the provision of weekly corporate public gatherings for worship and Bible teaching, needed to be done sensitively. During this period we need to reintroduce meeting together in person for Bible teaching and Worship and meeting together in smaller groups so that we could support and develop specific programmes for children, young people, families and the older generation.

On the 11 April we had our first in person service together, with reduced numbers we introduced a booking system and continued to stream our meetings live on our website for those who wanted to stay at home. We had to introduce thoughtful precautions and guidance in order to protect all who met as Covid-19 still presented as a real danger. These services were made accessible and available to the wider community and were very appreciated by all those who joined. Over time they grew in number as people became more confident to meet outside of their homes and in large groups. We used Bridge Chapel in Garston during this period as we needed a space large enough to ensure safety. At the beginning of August we then moved our services back to Halewood Leisure Centre and we began to rebuild.

It wasn’t until September 2021 that we were able to begin our toddler, children’s and youth groups. There was an immediate uptake for the groups as this younger generation had been isolated for so long. These meetings were attended by families who are members of our church and by families from the community, who were both known and new to us. Many of the older members of our community were still nervous about coming together in large groups. We began meeting in smaller groups for a coffee morning at a local coffee shop in September, and then reintroduced the larger meeting for them in January 2022. Attendance in this group grew slowly during this period.

As trustees we were very aware that people, especially the older generation were still feeling isolated and anxious about going out. During this period we continued to ensure that each family linked to Grace Church had the support they needed and our care group continued to ensure that the needs of the elderly and more vulnerable in our community were met by shopping for them, collecting prescriptions etc.

At Halewood Leisure Centre we rent office space that has increased our involvement in the local community and gives us a central hub where people can drop in and chat to one of our staff or members. We began to introduce a few more opportunities for people to meet in small numbers in this space however we were still unable to hold any groups in there due to space and lack of ventilation.

Page 2

GRACE CHURCH HALEWOOD

Trustees' Report (continued)

Communication

We communicate regularly with our membership through weekly notice sheets and email updates, and member’s meetings were held twice during this period on zoom. The Trustees and Leadership Teams use email, ChurchSuite, Google docs, WhatsApp and text messaging to ensure good contacts, and this is to be further developed in future. Our church website is updated regularly with resources as well as information on past and up and coming events; this, alongside the use of social media, has improved our communication with members, congregation and the wider community.

Management

The management of Grace Church is shared by the Trustees with a group of men and women appointed as Elders and Deacons, and an ad hoc group of ‘Ministry Leaders’. One of the Trustees is specifically employed as the principal teaching elder, and offers particular pastoral care for the members, and a whole host of needs in the community which are brought to his attention. We have a team of seven elders serving in our Church management team.

In addition, we have a full time employee who focuses on supporting and mentoring young people. Also we have another part time employee who works primarily with the administration.

Membership, attendance and local impact

Grace Church in the period under review has an active membership of around 103. We have had large numbers of people watching our online services over the year, and a majority of the membership were actively involved in the services and in a range of online children’s and youth ministries. The age range of regular attenders’ spans 0 - 89 years.

Mission and Evangelism

Grace Church offers opportunities for the wider community to engage with us, there was a growing opportunity to do this as things began to reopen and we were able to mix more freely. We continued to support the work of New Hutte neighbourhood centre at Torrington Drive supporting their Christmas event, Twinkle Twinkle and they would contact us when specific needs arose. At Christmas we were able to form some small carol singing groups around local neighbourhoods. We were able to continue an online Christianity Explored Course on zoom and we held a second Marriage course virtually, using our website to invite other people to join in.

Grace Church allocates 10% of our income to Mission outside of Halewood; in the past year this has included financial help to students attending Gospel Partnership and Bible College Training, support for a couple engaged in world mission based in South Carolina, as well as regular support for a missionary couple and a new missionary family working in Papua New Guinea. We also have supported the work of Open Air Mission and Faith in Kids. Members of Grace Church have also chosen to help support other nationwide churches that are financially struggling. During the summer we were able to partner with a local Church for our children’s summer camp (Bridge Camp) sending both children and adult workers.

Inter-church support and affiliations

Historically we have partnered with other churches in particular in South Liverpool in furthering the teaching and education aims of the charity, through inter-church meetings, providing speakers for church meetings, supporting the work of Liverpool Homeless outreach and the city-wide Barnabas Bible Class; we have also provided helpers for an annual Kids camp, which takes 60 children from different parts of the city region to a week-long holiday camp in Wales. Grace Church is a member of the Fellowship of Independent Evangelical Churches www.fiec.org.uk, which provides legal and professional support, training, and networking to more than 617 churches mainly in the UK. We also partner with the North West Partnership, which provides training, conferences and networking support for churches in the Region. www.northwestpartnership.com

Page 3

GRACE CHURCH HALEWOOD

Trustees' Report (continued)

Financial Review

Grace Church relies entirely on the freewill giving of members and others sympathetic with our aims and objectives. No public appeals for money are made. The restricted funds shown in the Accounts refer to monies donated towards the ‘Footprint Fund’ to provide premises in the neighbourhood to further the aims of the Charity; the original project did not come to fruition, and the funds remain completely available for disposal by the Trustees. It remains our wish to identify a ‘footprint’ building in the community of Halewood.

The Trustees acknowledge the generous giving of the fellowship, and the hard work of the Finance Team in accounting for, and expending these funds over the period in question. The modest balance in all accounts is entirely in line with the Trustees expectations and wishes for the Charity.

Trustees

The Trustees have remained the same during the period under review.

The annual report was approved by the trustees of the charity on 27 January 2023 and signed on its behalf by:

......................................... Mr Jamie Robert Sparkes Trustee

Page 4

GRACE CHURCH HALEWOOD

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the 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 incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on 27 January 2023 and signed on its behalf by:

......................................... Mr Jamie Robert Sparkes Trustee

Page 5

CRACE CHURCH HALEWOOD Independent Examsn¢r's Report to the trustees of GRACE CHURCH HALEWOOD I report ta the IFUStees on my exthininalioii of ihe UGCOllttts of GRACE CHURCH HALEWOOD for the yedr ended 31 M81'¢h 2022. R¢5poiislbllltles and bnsls of report As the charity trustees of GRACE CHURCH HALEWOOD you al'e I'esponsible for the prepar8ti()n of the accoiinl$ in accordan¢¢ wtth d)e requireinents of ihe CliaTities Act 2011 I'the Act.). I report in re$p¢¢t of my exaininaljoD of thE GIIACE CHURCH HALEWOOD'8 ACCOUllts carried out under section 145 of the 2011 Act and in c&rrying out W.y ¢XAmiiiaiion I have followed all ili¢ applieable Directions 8ivcn by tli¢ aiwrity CoiNllission under section 14.415llbl of thc A¢t. Independent examlner's Stfttement I l)av¢ ¢ompl¢tcd my cxainin&tion. I confirni that I￿&tel.1&1 Inatters hive com¢ tt) iny attention in conDectithi with the exaiMinAtion givii)g me caus¢ to believe that in any mllt¢rio1 respect.. a¢counliiig records were not kcpl iii rc8pect of GRACE CHURCH HALEWOOD a8 rcquiitd by s¢ciion 130 of th¢ A¢t,' or 2. Ihe llccoiints do not accord wilh Ihose It¢ords' or 3. the T¢CCOUlits (lo not cnmply wirh Il)¢ a¢countll8 rcquiieiiienls conc¢rnin8 the forin and contcnt 0[￿￿unt s¢t oiit in lh¢ Chai'ilics (AL¢oLinl¥ and Rq)orts) R¢giillliions 2008 otlicr thllli gny itquiirinent that thc &c¢oiints give & 'true uttd fair vi¢W which is not & Inutler ¢onsid¢red as part of an independent ¢xaininJlion. 1118vo Loneeriis aiid hAve coine llCTOSS 110 Othei. mult¢rs in ¢oiinectioii wilh th¢ exoininotioii lo whieli attcntion shoiild b¢ druwn in Iliis report in 01￿¢r ¢0 ¢nllble i propLr Iindcrsianding of th¢ aeeounis to bL rcuchcd. 04reih Cooper ACCA 166 Banks Road Wesi Kirby Wiri'al C1448 ORFI JO.Tanuary 2023 Pa8e 6

GRACE CHURCH HALEWOOD

Statement of Financial Activities for the Year Ended 31 March 2022

Note
Income and Endowments from:
Donations and legacies
Charitable activities
Total income
Expenditure on:
Raising funds
Other expenditure
4
Total expenditure
Net (expenditure)/income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
9
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Total income
Expenditure on:
Raising funds
Other expenditure
4
Total expenditure
Net income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
9
Unrestricted
funds
£
27,893
124,766
152,659
(153,157)
(3,869)
(157,026)
(4,367)
(4,367)
108,999
104,632
Unrestricted
funds
£
27,337
123,129
150,466
(116,236)
(3,869)
(120,105)
30,361
30,361
78,638
108,999
Restricted
funds
£
940
18,121
19,061
-
-
-
19,061
19,061
137,845
156,906
Restricted
funds
£
8,121
114,215
122,336
-
-
-
122,336
122,336
15,509
137,845
Total
2022
£
28,833
142,887
171,720
(153,157)
(3,869)
(157,026)
14,694
14,694
246,844
261,538
Total
2021
£
35,458
237,344
272,802
(116,236)
(3,869)
(120,105)
152,697
152,697
94,147
246,844

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 9.

The notes on pages 9 to 15 form an integral part of these financial statements. Page 7

GRACE CHURCH HALEWOOD

(Registration number: 1153995) Balance Sheet as at 31 March 2022

Note
Fixed assets
Tangible assets
6
Current assets
Debtors
7
Cash at bank and in hand
8
Creditors: Amounts falling due within one year
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
9
Unrestricted income funds
Unrestricted funds
Total funds
9
2022
£
3,244
2,679
262,920
265,599
(7,305)
258,294
261,538
156,906
104,632
261,538
2021
£
7,113
9,832
230,715
240,547
(816)
239,731
246,844
137,845
108,999
246,844

The financial statements on pages 7 to 15 were approved by the trustees, and authorised for issue on 27 January 2023 and signed on their behalf by:

.........................................

Mr Jamie Robert Sparkes Trustee

The notes on pages 9 to 15 form an integral part of these financial statements. Page 8

GRACE CHURCH HALEWOOD

Notes to the Financial Statements for the Year Ended 31 March 2022

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

GRACE CHURCH HALEWOOD meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Reclassification of comparative amounts

There was a correction to 31 March 2021 where the gift aid claim had been overstated by £18,646, which had meant the other debtors had been overstated by £18,646 too.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Page 9

GRACE CHURCH HALEWOOD

Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £2,000.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Equipment and Furniture

Depreciation method and rate 20% straight line basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 10

GRACE CHURCH HALEWOOD

Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)

2 Income from donations and legacies

Donations and legacies;
Gift aid reclaimed
Total for 2022
Total for 2021
3
Income from charitable activities
Total for 2022
Total for 2021
4
Other expenditure
Depreciation, amortisation and other similar costs
Total for 2022
Total for 2021
Unrestricted
funds
General
£
27,893
27,893
27,337
Unrestricted
funds
General
£
124,766
124,766
123,129
Note
Restricted
funds
£
940
940
8,121
Restricted
funds
£
18,121
18,121
114,215
Unrestricted
funds
General
£
3,869
3,869
3,869
Total
funds
£
28,833
28,833
35,458
Total
funds
£
142,887
142,887
237,344
Total
funds
£
3,869
3,869
3,869

5 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 11

GRACE CHURCH HALEWOOD

Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)

6 Tangible fixed assets

Cost
At 1 April 2021
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
7
Debtors
Other debtors
8
Cash and cash equivalents
Cash at bank
Furniture and
equipment
£
44,461
44,461
37,348
3,869
41,217
3,244
7,113
2022
£
2,679
2022
£
262,920
Furniture and
equipment
£
44,461
44,461
37,348
3,869
41,217
3,244
7,113
2022
£
2,679
2022
£
262,920
Total
£
44,461
44,461
37,348
3,869
41,217
3,244
7,113
2021
£
9,832
44,461
37,348
3,869
41,217
3,244
7,113
2022
£
2,679
2022
£
262,920
2021
£
230,715

Page 12

GRACE CHURCH HALEWOOD

Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)

9
Funds
Unrestricted funds
General
General
Designated
Footprint
Total unrestricted funds
Restricted funds
Footprint
Total funds
Unrestricted funds
General
General
Designated
Footprint
Total unrestricted funds
Restricted
Footprint
Total funds
Balance at 1
April 2021
£
83,999
25,000
108,999
137,845
246,844
Balance at 1
April 2020
£
53,638
25,000
78,638
15,509
94,147
Incoming
resources
£
152,659
-
152,659
19,061
171,720
Incoming
resources
£
150,466
-
150,466
122,336
272,802
Resources
expended
£
(157,026)
-
(157,026)
-
(157,026)
Resources
expended
£
(120,105)
-
(120,105)
-
(120,105)
Balance at 31
March 2022
£
79,632
25,000
104,632
156,906
261,538
Balance at 31
March 2021
£
83,999
25,000
108,999
137,845
246,844

10 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Unrestricted funds
General
£
Designated
£
3,244
-
83,693
25,000
(7,305)
-
79,632
25,000
Restricted
funds
£
-
156,906
-
156,906
Total funds at
31 March
2022
£
3,244
265,599
(7,305)
261,538

Page 13

GRACE CHURCH HALEWOOD

Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)

Unrestricted funds
General
£
Designated
£
Tangible fixed assets
7,113
-
Current assets
77,702
25,000
Current liabilities
(816)
-
Total net assets
83,999
25,000
11 Staff costs
The aggregate payroll costs were as follows:
Staff costs during the year were:
Wages and salaries
Restricted
funds
£
-
137,845
-
137,845
2022
£
76,632
Total funds at
31 March
2021
£ (As restated)
7,113
240,547
(816)
246,844
2021
£
74,964

No employee received emoluments of more than £60,000 during the year

12 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 14

GRACE CHURCH HALEWOOD

Notes to the Financial Statements for the Year Ended 31 March 2022 (continued)

13 Analysis of support costs

Support costs allocated to charitable activities

Basis of allocation
Premises/Video conferencing
Mission
Caring
Training, Children & Youth work
Outreach
Support ministries
Accountancy
Basis of allocation
Premises/Video conferencing
Mission
Caring
Training, Children & Youth work
Outreach
Support ministries
Accountancy
Administration
costs
£
34,664
21,965
7,693
7,635
977
2,203
1,388
76,525
Administration
costs
£
6,056
16,614
10,757
4,099
377
1,932
1,437
41,272
Total
2022
£
34,664
21,965
7,693
7,635
977
2,203
1,388
76,525
Total
2021
£
6,056
16,614
10,757
4,099
377
1,932
1,437
41,272

Page 15