Charity registration number: 1153995
GRACE CHURCH HALEWOOD
Annual Report and Financial Statements
for the Year Ended 31 March 2024
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
An introduction to Grace Church Halewood
Grace Church Halewood was constituted in 2006 and registered with the Charity Commission as a Charitable Incorporated Organisation (CIO) in 2013. This ninth Annual Report is prepared in accordance with our obligations as a CIO and relates to the period from 1st April 2023 to 31st March 2024.
Aims and purposes of Grace Church Halewood
The Trustees are responsible for the objectives of the charity. Grace Church Halewood specifically seeks to advance the Christian faith for the benefit of the public in Halewood, Knowsley and beyond, and to relieve distress in these areas and elsewhere.
Leadership within Grace Church Halewood
Leadership responsibilities are shared by the Trustees, who are also elders of the church, with a group of men and women appointed as Deacons, along with a group of ministry leaders. One of the Trustees continues to be specifically employed as the principal teaching elder who also delivers bespoke pastoral care for the members, and the wider community, whenever he becomes aware of such needs. Throughout the year we had a team of seven elders serving in our Church leadership team. This figure includes the teaching elder.
In addition, during the reporting year, we had two full-time employees who focussed on supporting and mentoring our young people with one overseeing the under 11-year-olds and the other working with those of secondary school age. We also have another part time employee who works primarily to support effective administration within Grace Church.
Membership of, and attendance at, Grace Church Halewood
During the period of this report, Grace Church had an active membership of some 100. Many more individuals and families attend services each Sunday. There is a wide range of children’s and youth ministries also taking place each Sunday and across the week. Numbers are further boosted with people watching our morning service live on-line and through the church website after the service.
Communication within Grace Church Halewood
The Trustees recognise the need and value of communicating regularly and effectively with our membership. Three in-person members meetings were held during the year with the opportunity to join over Zoom offered to those unable to attend the venue. Between these formal meetings a member's newsletter is produced to ensure regular updates are shared which also had the effect of freeing up some time at members meeting for more discussion. Important updates are shared by email and members are encouraged to communicate with each other using the ChurchSuite data base to access contact information members have indicated they are happy to share. Church lunches are held after a Sunday service to make sure the wider church community understand any key discussion points and decisions made by the charity. A weekly notice sheet is distributed electronically to the whole church community.
The Trustees and Leadership Teams continue to make use of WhatsApp to ensure speedy communication between and within teams. Our website was refreshed following a rebranding exercise undertaken by the staff team. This was to ensure it remains accessible and informative for our members, the existing local community, new people moving into Halewood, and others interested in our activities.
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GRACE CHURCH HALEWOOD
Trustees' Report (continued)
Impact and achievements of Grace Church Halewood
Sunday morning services are held at Halewood Leisure Centre and the Trustees are thankful for the ongoing positive relationship the charity enjoys with Leisure Centre staff. The charity also rents office space within the Leisure Centre which offers some visibility and involvement with the local community. It is a central hub where people can drop in, arrange to chat confidentially with one of our staff team, hold staff team and other meetings, as well as hosting smaller gatherings such as coffee mornings. More informal Sunday evening services were held at New Hutte Neighbourhood Centre in three 2-month blocks.
Various midweek activities are held for young people with two community toddler groups also meeting. During the summer we were able to partner with a local Church to hold a children’s summer camp, supporting this event by sending both children and adult worker volunteers.
A wide range of events specifically for adults also takes place throughout the year. Several Grace Groups meet in houses spread throughout local communities to support each other and provide study, prayer and opportunities to encourage one another. Bespoke one-off activities were held across the year to encourage the church community including running an on-line marriage course. Sporting opportunities include badminton and cricket. We also supported a local food bank.
Care Team of Grace Church Halewood
The Trustees wish to ensure that each individual and family with links to Grace Church receive the contact and support they need. Grace`s care team of motivated and proactive ladies attempt to meet the needs of our church community wherever specific needs arise and are identified, supporting the elderly, the more vulnerable and offering practical support to those who benefit from the provision of meals following hospital discharge or the birth of a child. The Trustees wish to thank the care team for their work which often goes unnoticed by many.
Local, regional and national cooperation by Grace Church Halewood
Grace Church Halewood is a member of the Fellowship of Independent Evangelical Churches (FIEC) which provides legal, professional and practical resources, support and training, along with networking opportunities with over 600 churches nationwide. Several of these partners are located across the Liverpool City Region and northwest of England. This partnership and inter-church support and collaboration results in the provision of a range of support from the provision of speakers for each other's church meetings to one-on-one support and mentoring.
Members of the church regularly attend and hold leadership positions in Bible Study Fellowship and others take an active role in the Liverpool City Region-wide Barnabas Bible Class. We partner with the North West Gospel Partnership and encourage the Grace community to take part in training, conferences and be involved in the networking opportunities that is offered across our region.
Partnership working within Halewood
As the number of new homes being built in east Halewood increases, Grace Church offers opportunities for new members of the growing community to engage with the charity. We supported the work of the New Hutte Neighbourhood Centre when they share specific needs resulting in assistance being given for their main Christmas event, ‘Twinkle Twinkle’. In the run up to Christmas we held an event widely publicised for the whole community in a local woodland. Despite it being a major logistical project requiring the support of many from the church and a wide range of local community groups and organisations, it proved to be a safe, extremely well received and attended event enjoyed by residents and key stakeholders alike. We also worked in partnership with Jaguar Land Rover to help their staff celebrate Christmas.
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GRACE CHURCH HALEWOOD
Trustees' Report (continued)
Financial review of Grace Church 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 reporting year. Grace Church relies entirely on the freewill giving of members and others sympathetic with our aims, purposes and objectives and no public appeals for money are made. The modest balance in all accounts is in line with the Trustees expectations and wishes for the charity.
Trustees allocate 10% of income to Mission activities outside of Grace Church. This includes financial help to support a family engaged in world mission based in America as well as regular support for two separate missionary families working in Papua New Guinea. We have also supported the work of Open-Air Mission, Faith in Kids and FIEC.
When this report is compared with the formal Statement of Accounts of Grace Church, the Trustees wish to point out that we have identified restricted funds which refer to monies donated towards the ‘Footprint Fund.’ This is money specifically designated to further our aim of identifying a building to provide our own premises in the Halewood neighbourhood. The Trustees believe this would further the aims of the charity and discussions continue to be held with Knowsley Council about potential sites. Subsequently, the Council carried out a public consultation exercise about a comprehensive redesign of the area around Halewood Leisure Centre which identified a possible site for a church building.
Looking forward to 2024/25 and beyond
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We will review our Church vision and values to ensure they continue to reflect the objectives of the charity.
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We intend seeking the support of a professional design and build organisation to further support our Footprint project.
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We intend working with the Trustee with responsibility for the delivery of regular bible teaching to
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• plan for a Sabbatical period during the summer months of 2024. Further discussions will also be held with this Trustee about effective succession planning as he starts thinking about retirement timescales.
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We intend reviewing the areas of responsibilities for the elders and roles of deacons.
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The leadership teams with responsibility for the regular mid-week meetings that take place in homes
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• and the Sunday evening service will review these activities to ensure they continue to meet the objectives of the charity.
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We benefit from many children and young people attending Grace Church Halewood with various activities held each Sunday and throughout the week. Having employed another full-time member of
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• staff to work specifically with our children aged 0-11 years during the previous reporting period, we will review the staffing provision centring on both the benefits of the current roles provide as well as the associated financial considerations.
The annual report was approved by the trustees of the charity on 7 October 2024 and signed on its behalf by: ......................................... Mr Mark Wesley Armstrong Trustee -
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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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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 7 October 2024 and signed on its behalf by:
......................................... Mr Mark Wesley Armstrong Trustee :
Page 5
GRACE CHURCH HALEWOOD Independent Examiner's Report to the trustees of GRACE CHURCH HALEWOOD I report to the trust¢es on my examinalion of thc accounts of GRACE CHURCH HALEWOOD for the year ended 31 March 2024. Responslblllties and basls of report As ihe charity trustees ot- GRACE CHURCH HALEWOOD you are responsible for the preparation of the accounls in accordanLe wilh the requirements of the Charities Act 2011 ('the ALt'). I report in resp¢el of my ex&mination of the GRACE CHURCH HALEWOOD'S accounts carried out under SLLtion 145 of the 201 l Act and in Liiryingy uul niy examination I have followed all the applicablc Direcliong given by the Charity Commission under section 14515)Ib) of the Act. Independent examlner's statement I have completed my examination. I conlim) that no material matters have come lo my attention in Connection wilh lh¢ cxaminalion givingy mc Lause to believe that in any malerial resp¢ct'. accounlingi rccords were not kcpt in rcspccl of GRACE CHURCH HALEWOOD as rL'quired by section 130 of the Act; or 2. the accounts do not aiLord with those rccords: or 3. Ihe acL()unt8 do ni)l Ll)mply wilh the acLounling rcquirLmcnls eonccrning Ihe fomi and conlenl of acc()unlS %¢t oul in thc Charitics (Accounls and Rcporls) Rcgulalions 2008 othcr Ihan any requirem¢nl that Ihc accounts giv¢ a 'true and fair view, which 15 not a maller considered a5 part of an indep¢ndcnt exaininalion. havc nu concLrnS and havc comc acros5 no other matlL'rs in Lonn¢¢tiun with Ihc eK¢iniindtiun lu whiLh attLnlion %hould be drawi in this report in order to enable a proper understanding of the accounls to be reÉiched. Cjareih Cooper ACCA 166 Banks Road Wcsi Kirby Wirral CH48 ORH Dale.. Page 6
GRACE CHURCH HALEWOOD
Statement of Financial Activities for the Year Ended 31 March 2024
| Note Income and Endowments from: Donations and legacies Charitable activities Other income Total income Expenditure on: Raising funds Total expenditure Net 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 (expenditure)/income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 9 |
Unrestricted funds £ 35,776 158,478 2,188 196,442 (179,704) (179,704) 16,738 16,738 96,538 113,276 Unrestricted funds £ 27,550 127,507 155,057 (159,907) (3,244) (163,151) (8,094) (8,094) 104,632 96,538 |
Restricted funds £ 480 11,070 - 11,550 (4,050) (4,050) 7,500 7,500 157,866 165,366 Restricted funds £ - 960 960 - - - 960 960 156,906 157,866 |
Total 2024 £ 36,256 169,548 2,188 |
|---|---|---|---|
| 207,992 | |||
| (183,754) | |||
| (183,754) | |||
| 24,238 | |||
| 24,238 254,404 |
|||
| 278,642 | |||
| Total 2023 £ 27,550 128,467 |
|||
| 156,017 | |||
| (159,907) (3,244) |
|||
| (163,151) | |||
| (7,134) | |||
| (7,134) 261,538 |
|||
| 254,404 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 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 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 7 | 2,894 | 2,559 |
| Cash at bank and in hand | 8 | 279,938 | 254,313 |
| 282,832 | 256,872 | ||
| Creditors: Amounts falling due within one year | (4,190) | (2,468) | |
| Net assets | 278,642 | 254,404 | |
| Funds of the charity: | |||
| Restricted income funds | |||
| Restricted funds | 9 | 165,366 | 157,866 |
| Unrestricted income funds | |||
| Unrestricted funds | 113,276 | 96,538 | |
| Total funds | 9 | 278,642 254,404 ~~;~~ |
The financial statements on pages 7 to 15 were approved by the trustees, and authorised for issue on 7 October 2024 and signed on their behalf by: ......................................... Mr Mark Wesley Armstrong 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 2024
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.
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.
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GRACE CHURCH HALEWOOD
Notes to the Financial Statements for the Year Ended 31 March 2024 (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.
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.
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GRACE CHURCH HALEWOOD
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
2 Income from donations and legacies
| Unrestricted funds Designated £ General £ Donations and legacies; Gift aid reclaimed 625 35,151 Total for 2024 625 35,151 Total for 2023 - 27,550 3 Income from charitable activities Unrestricted funds Designated £ General £ 2,500 155,978 Total for 2024 2,500 155,978 Total for 2023 - 127,507 4 Other expenditure Note Total for 2024 Total for 2023 |
Restricted funds £ 480 480 - Restricted funds £ 11,070 11,070 960 Unrestricted funds General £ - 3,244 |
Total funds £ 36,256 |
|---|---|---|
| 36,256 | ||
| 27,550 | ||
| Total funds £ 169,548 |
||
| 169,548 | ||
| 128,467 | ||
| Total funds £ - |
||
| 3,244 |
5 Taxation
The charity is a registered charity and is therefore exempt from taxation.
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GRACE CHURCH HALEWOOD
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
6 Tangible fixed assets
| Cost At 1 April 2023 At 31 March 2024 Depreciation At 1 April 2023 At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 7 Debtors Other debtors 8 Cash and cash equivalents Cash at bank |
Furniture and equipment £ 44,461 44,461 44,461 44,461 - - 2024 £ 2,894 2024 £ 279,938 |
Furniture and equipment £ 44,461 44,461 44,461 44,461 - - 2024 £ 2,894 2024 £ 279,938 |
Total £ 44,461 44,461 44,461 44,461 - - 2023 £ 2,559 |
|
|---|---|---|---|---|
| 44,461 | ||||
| 44,461 | ||||
| 44,461 | ||||
| - | ||||
| - | ||||
| 2024 £ 2,894 2024 £ 279,938 |
||||
| 2023 £ 254,313 |
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GRACE CHURCH HALEWOOD
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
| 9 Funds Unrestricted funds General General Designated Footprint Future staffing Total unrestricted funds Restricted funds Footprint Children's worker Total restricted funds Total funds Unrestricted funds General General Designated Footprint Total unrestricted funds Restricted Footprint Total funds |
Balance at 1 April 2023 £ 71,538 25,000 - 25,000 96,538 157,866 - 157,866 254,404 Balance at 1 April 2022 £ 79,632 25,000 104,632 156,906 261,538 |
Incoming resources £ 193,317 - 3,125 3,125 196,442 3,450 8,100 11,550 207,992 Incoming resources £ 155,057 - 155,057 960 156,017 |
Resources expended £ (179,704) - - - (179,704) - (4,050) (4,050) (183,754) Resources expended £ (163,151) - (163,151) - (163,151) |
Balance at 31 March 2024 £ 85,151 25,000 3,125 |
|---|---|---|---|---|
| 28,125 | ||||
| 113,276 | ||||
| 161,316 4,050 |
||||
| 165,366 | ||||
| 278,642 | ||||
| Balance at 31 March 2023 £ 71,538 25,000 |
||||
| 96,538 157,866 |
||||
| 254,404 |
10 Analysis of net assets between funds
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GRACE CHURCH HALEWOOD
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
| Current assets Current liabilities Total net assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ Designated £ 89,341 28,125 (4,190) - 85,151 28,125 Unrestricted funds General £ Designated £ 74,006 25,000 (2,468) - 71,538 25,000 |
Restricted funds £ 165,366 - 165,366 Restricted funds £ 157,866 - 157,866 |
Total funds at 31 March 2024 £ 282,832 (4,190) |
|---|---|---|---|
| 278,642 | |||
| Total funds at 31 March 2023 £ 256,872 (2,468) |
|||
| 254,404 |
11 Related party transactions
12 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries |
2024 £ 115,629 |
2023 £ 90,598 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year
13 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.
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GRACE CHURCH HALEWOOD
Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)
14 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 £ 30,901 13,170 1,627 11,814 4,970 3,949 1,694 68,125 Administration costs £ 32,335 16,075 870 12,300 3,629 2,588 1,513 69,310 |
Total 2024 £ 30,901 13,170 1,627 11,814 4,970 3,949 1,694 |
|---|---|---|
| 68,125 | ||
| Total 2023 £ 32,335 16,075 870 12,300 3,629 2,588 1,513 |
||
| 69,310 |
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