Grace Church Dell Road Registered No. 1155358 REPORT & ACCOUNTS for the year ended 31 March 2025 Grace Church stirchley
GRACE CHURCH DELL ROAD for the year ended 31 March 2025 LEGAL & ADMINISTRATIVE DETAILS Grace Church Dell Road 8 Dell Road Cotteridge Birmingham B30 2HZ Constitution date 16th January 2014 Charitable incorporated organisation reglstered wlth the Charlty Commission 16th January 2014 Mr Josh Jackson Mr Nathan Gunn Mr Edward Boothroyd Mr Stuart Ward Mr Samuel Hawkins Mr Anthony Opoku Mr Ben Kirsch Mr Andrew Weatherley (Chairman) (Appointed 4th December 2024) (Resigned 6th January 2025) (Resigned 2nd July 2025) Lloyds Bank Caxton Gate 3 Corporation St Birmingham B2 4LP Cooperative Bank 1181120 Colmore Row Birmingham B3 3BA Nationwide Building Society Nationwide House Pipers Way Swindon SN38 INW Frances Clapham ACA CKCA Limited Castle Court 2 Castlegate Way Dudley DYI 4RH Page 2 Pages 3 - Page 8 Page 9 Page 10 Pages 11 - 18 Page 19 Legal & Administrative Details Trustees, Report Independent Examlner's Report Statement of Financial Activities Balance Sheet Notes to the Accounts Detailed Statement of Financial Activitles
"We're all about helping people love Jesus more and more" GRACE CHURCH DELL ROAD TRUSTEES. ANNUAL REPORT for the year ended 31 March 2025 structure. Governance & Management Governing Document The Church is a registered charitable incorpordted organisation, affiliated to the Fellowship of Independent Evangelical Churches (FIEC). The Charity Commission granted Registered Charity status on 16 January 2014 under registration number 1155358. For the year ending 31 March 2025, the Church was governed by a Church Constitution dated 16 January 2014. There is also a Church Covenant which sets out the beliefs and practices of the members and deals with the day-to-day operation of the Church, including the appointment of Elders. Organlsational Structure The Church is governed by a leadership team (Trustees) comprising all of the Church's Elders and two Deacons of the Church. They meet gUlarlY throughout the year to set policy and review the activities of the Church. The decisions of the Trustees are subject to scrutiny from members of the Church at business meetings of the Church members which occur at least four times a year. Significant financial decisions are taken having considered the advice of the members of the Church as required by the Church's goveming documents. The Trustees are not remunerated by the Church for their work as Trustees. However, three Trustees, acting in the year to 31 March 2025, were remunerated for their work as employed full-time Elders of the Church. The remuneration of Elders is determined in accordance with the Church Constitution and Church Covenant. The remuneration of employed Elders is recommended by the Church's Employment Committee consisting of selected members of the Church and chaired by a non-employed Trustee. An individual Elder does not participate in the deterniination of the remuneration they receive, whether directly or indirectly. Recruitment and Appointment of Trustees Trustees and Elders of the Church are proposed by the existing Trustees where they have satisfied themselves both of the need for further Trustees, and that the proposed individual meets the qualifications set out in the Church Constitution. Following election by the members, training and induction of a new Trustee is overseen by the existing Trustees, who may delegate certain elements of the induction process to staff members. In January 2025, Ben Kirsch stepped down as an Elder and Trustee of the Church due to relocating to be near family. In July 2025, Andy Weatherley stepped down from being an Elder and Trustee having relocated to take up a role with another church in Nottingham. The Trustees would like to thank both Ben and Andy for their many years of service to the Church. We a delighted that in December 2024 Anthony Opoku became an Elder and Trustee of the Church. Risk Managernent The Trustees have examined the major strategic and operational risks which the Church faces and are satisfied that systems have been established to monitor those risks so that the necessary steps can be taken to lessen them.
"We're all about helping people love Jesus more and more" Objertives The charltable objects of the Church are the advancement of the Christian faith in accordance with the Church's Basis of Faith primarily but not exclusively within Birmingham and the surrounding neighbourhood; and other such charitsble purposes as shall, in the opinion of the Trustees, further the work of the Church. Review of activities and impact for Publlc Beneflt The Church holds a series of weekend and midweek activities and in addition provides financial support to individuals and organisations involved in Christian activities. When planning and reviewing activities, the Trustees give due consideration to the Charity Commission's general guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of the Church in our local community. The activities of the Church are overseen by its leadership (the Elders, Trustees and Deacons), and are carried forward both by the Church staff, and by the extensive involvement of volunteers drawn from Church members and other regular attendees. This pattern is seen in all areas of the life of the Church including: leading of midweek groups; youth and children's activities; and activities within the community. The Church welcomes members and attendees from all backgrounds with the aim of ensuring that they do not miss the opportunity to benefit from its activities. The continued use of Dell Road Gospel Hall as a venue has continued to be a great asset for the Church for its midweek activities. From September 2024, the whole Church started meeting together at King's Norton School for Boys for its Sunday morning senlice, providing greater space and facllltles for a growlng congregation, The Church continues to be thankful to the school for the continued use of the building and additional storage into a second academic year in September 2025. This is the first time in many years that the location of a Sunday ser+/ice has remained the same for a second consecutive year. Regular artivities Noah's Ark, our parent and toddler group has continued to run and provides a space for parents and carers to soclallse. Thls provldes a vitsl help to avoid social isolation often felt by parents in the early days of parenting. The atmosphere of Noah's Ark is regularly commended for its welcome. Our youth programme has expanded through the last year and continues to meet every Sunday afternoon in term time. It provides a safe place for secondary school age children to play games and explore questions of faith and usually has more than 15 attendees. Our English Club contlnues to provlde a safe context for people to ask faith questions as well as practice their spoken English, with 25 class members on average each week. In addition to the class, the Church has also organised a number of events including cultural celebrations and fairs for families of the classes to meet one another. Following the weekly class there is a short basic English Bible Study where a number of the students enjoy the opportunity to investigate Christianity. Every Tuesday the Church runs a free coffee morning with an open discussion time, particularly welcoming retired people who enjoy time to meet, chat and hear a bible talk, usually from one of the Church pastors. For the group who have been meeting together it has proven to be a vital moment of social interaction in their week. For the second time, the Church ran a 7-week course called the Beavement Journey, running in January and February 2025. This provided a space for those who have experienced grief from the loss of a loved one to speak about their experiences. The Church continues running a course for people Investlgatlng Chrlstlanlty called "Come Dlne With Us" allowing those in the community to explore faith and big questions of life in a welcoming environment.
"We're all about helping people love Jesus more and more" The Church has an ongoing programme for students at the University of Birmingham, offerlng pastoral care through a number of 1-2-3s enabling students attending the Church to receive some pastoral input from an older Christian if they want to. The Church has also run regular sessions called 'Food-ology'. Over dinner the students have had the opportunity to find out more about Christianity and a chance to ask lots of questions. In August 2025 we were pleased that the number of children attending our summer holiday Increased from 30 in 2024 to 35 in 2025 for a week of 'Holiday Super Club,. Some members of the Church youth club were able to help as volunteers. As well as our weekly Sunday serrfices, the Church offers additional services at Christmas and Easter to provide the local community with more opportunltles to connect with the Chrlstian faith during those seasons. The Church also hosts a free Nativity Trail which enables families and young people to explore the real meaning of Christmas alongside an artivity trail, as well as enjoying crafts and refreshments. The Church has continued its support in providing Christmas gifts for children in families receiving short-term emergency accommodation. In December 2024, the Church youth took on this project which involved fundraising for the presents, choosing and wrapping the presents before delivering them to the accommodation and meeting some of the residents. At Easter, the Church was able to run an Easter Trall with clues to find around the local park. All of these events received lots of support and were widely appreciated by the local community. The Church has enjoyed building a relationship with Oak Mountain Presbyterian Church (OMPC} in Birmingham Alabama. They have supported various aspects of our work including sending a team of volunteers to the UK to serve our Church for a week over recent years. This year they came for the third year in a row and helped to run our children's work during our Church 'Weekend Together,. While in the city they were hosted by Church members for meals, meeting church planters across Birmingham and engaging in cultural seminars run by Church staff members. With the departure of Andy Weatherley as a paid Elder, Lead Pastor and Trustee in the summer of 2025, the Church 'Weekend Together, incorporated an all-age 70s themed goodbye party and celebration. The Church remains committed to reaching, teaching, discipling, and training Christians to carry out Gospel ministry in our community and further afield. As part of this activity, the Church is committed to planting churches in the Birmingham area. The Church is therefore involved with the Birmingham Collective (previously known as 2020 Birmingham), as part of a coalition of Birmingham churches working in partnership to launch new churches across the city. New Building Due to the continuing growth of the Church and the number of people attending the services and activities of the Church, it has become increasingly clear that the Church needs to relocate to a new buildlng. The Trustees have been working with the Council to explore options In relation to the former Selly Oak Constituency Office which is located on Stirchley High Street. This is a historical building in the centre of Stirchley but as it has been empty for a significant period of tlme, the condition of the buildlng has deteriorated further and a substantlal level of investment is required to bring it back into use. The Trustees have appointed architects to support a proposed extension and refurbishment of the building in order to bring it back into use for the benefit of the Church and the wider community. The Trustees applied for planning permission in Autumn 2023 and were granted planning permission in January 2024. The Trustees are continuing discussions with the Council around the future of the building and hope to progress this further during the coming year.
"We're all about helping people love Jesus more and more" Financial Review The accounts have been drawn up on the accruals basls. The total incoming resources for the year were £318,943 (2024: £263,748). Resources expended in the year were £209,990 (2024: £232,590). This resulted In an overall surplus for the year of £108,953 (2024: £31,158). The Church's funding principally comes from gifts and donations made by members of the congregation, together with associated gift aid. The Church provides support by grants to a wide selection of individuals and organisations involved in Gospel ministry who have links with the Church. Grants are considered by the Trustees and, where required, voted on by the Church membership in accordance with relevant provisions of the Church Constitution. Cash balances at the end of the year were £291,982 {2024: £192,664) of which £47,109 (2024: 48,803) was unrestricted, available for general purposes and not designated, or restricted for any specific purpose. Reserves Policy the Church holds a General Fund which does not include funds which have been designated by the Trustees ft)r a specific purpose. The Trustees are committed to holding a level of reserves for General Funds that will cover three months, costs, subject to sufficient funding being available to achieve this, while not hampering the ongoing development of the activities of the Church. The precise level of reserves to be attained is subject to regular review considering levels of activity and prevailing circumstances. The General Fund cash balance at 31 March 2025 was sllghtly less than three months, of costs. The Trustees continue to monitor finances closely and anticipate that reserves will increase above the target level during the forthcoming financial year. these are accounted for separately; only accepted for projects or activities sanctioned by the Trustees and in accordance with the objectives of the Church, and. expenditure is not committed beyond the level of funds received. The Trustees do not therefore have a specific reserves policy for restricted funds. Tru5tees' Responsibilities The Trustees are responsible for preparing the trustees, annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and apply them consistentlyi 2. observe the methods and principles in the Charities SORP; 3. make judgements and estimates that a asOnable and prudent. 4. stste whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. and 5. prepare the financial statements on a going concern basis unless it 15 inappropriate to presume that the charity will continue In operatlon.
"We're all about helping people love Jesus more and more" 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 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the preventlon and detection of fraud and other irregularities. Approval This report was approved by the Trustees on 19th January 2026 and signed on their behalf by: S. Hawkins - Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GRACE CHURCH DELL ROAD (Ihe Charity) I report to the charity trustees on my examination of the accounts of the Charty for the year ended 31 March 2025 on pages 9 to 19 following. which have been prepared on the basis of the accounting policies set out on pages 11 to 12. Responsibiltties and basis of report As the CharItS trustees of the Charitable Incorporated Organisation you are responsible for the preparalion of the accounts in accordance with the requiremenls of the Charities Act 2011 {Ihe Act.). I report in respect of my examination of the Charity's aecounts carried out under section 145 of Ihe Act and in carrying out my examination I have followed all the applicable Directions gNen by the Charity Commissron under section 145(5)(b) of the Act. Ind•pènd•nt •xamln•rfs stat•monl Since the Charity's gross income exceeded £250.000 your examiner must be a memb8r of a body listsd in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come trj my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act: or 2. Ihe accounts do not accord with those records: or 3. the accounts do not comply with the applicable requirements conceming the form and conlent of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Frances Clapham ACA ICAEW CKCA Limited Castle Court 2 Castlegale Way Dudley DY14RH Date: SW ao&G
GRACE CHURCH DELL ROAD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Total Funds 2025 Total Funds 2024 Unrestricted Funds Restricted Funds Note INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities Other income 197,387 7,989 4,137 109.430 306.817 7,989 4.137 255.107 8.321 320 Total Income and endowments 209,513 109,430 318.943 263,748 EXPENDITURE ON: Charitable activities (171.098) (38,892) (209,990) (232.590> Total expendlture 171,098 38,892 209.990 232.590 Net Incomel{expenditurn) 38,416 70.538 108.953 31,158 Transfers between fvnds 15 (29.042) 29.042 Net movement in funds 9,373 99.580 108.953 31,158 Reconciliation of funds: Total funds brought forward 52.917 107,887 160,804 129.646 Total funds carried forward 15 62,290 207.467 269,757 160.804 The stat8m8nt of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing operations. Th8 notes on pages 11 to 19 form part of these accounts.
GRACE CHURCH DELL ROAD BALANCE SHEEr 8 AT 31 MARCH 2025 Totsl Funds 2025 Totsl Funds 2024 Unrestrlcted Funds R8Strict6d Funds Note FIXED ASSETS Tangible assets 1,313 1.313 1.313 1.677 1,313 1,677 CURRENT ASSETS Debtors Cash at bank and in hand 1,449 206,019 10,992 291,982 9,156 192,664 10 85,963 95,507 207,467 302,974 201.820 CREDITORS: Amounts falling due within one year (9,506) (9,5061 (10,518) Net current assets I Iliabilitigs) 86,002 207,467 293,469 191,302 Total assels less current liabilities 87,315 207.467 294,782 192,979 CREDITORS: kniounts falling duo aftèr more than one year 12 (25,025) (25,025) (32,175) TOTAL NET ASSETS 62,290 207,467 269,757 160,804 FUND BALANCES Unreslri¢led Funds Géneral funds De$ignated funds 15 23,443 38.847 62.290 23.443 38.847 62,290 14,069 38.847 52,916 Re$trl¢ted Funds 207,467 207,467 107,887 160,804 62,290 207,487 269,757 The financial statements were approved by the Board of Trustees and were signed on its behalf by: S. Hawkins Date: 2010112026 Charity number.. 1155358 The notes on pages 1110 19 form part of thes8 accounts. 10
GRACE CHURCH DELL RQAO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 1 Statutory Inlom)ation The charlty is a charilable incorporaled organisalion regSslered wSth lh& Charity Commission in England & Wales. The charills registered numbèr and prlnclpal addrèss can be found on the Charity Informatlon p8ge. 2 Accounting Policies Th8sg financial slalements are prepared on a golng concem basis. under thè historical cost convention. These financlal slalements have been prepared In accordance wlth tho 'Statemenl of Recommended Pra¢ll¢e: Accounling and Reporting by Charilles preparfng their accounts in accordance with the FSn8ndal R9porling Standard applicable in the UK and Republic of Ireland IFRS 1021 I'lhe Ch8rllSes SORP"). with the Financial Reportlng SlandaTd applicable in the United Klngdom and Republlc of Ireland {'FRS 102'18nd wlh th8 Charilles Act 2011. The ¢harity meets thè definllion of a publi¢ nrit entity as sel out in FRS 102. The Charilies (Accounts and Reports) Regulatlons 2008 Ilhe '2008 Regulalions'l requlres ¢h8rlllg$ lo prèpare their accounts In accordanc8 with 'Accounling and Reporting by Charitles: Ststgment of Recommended Practice effe¢live from 1 Aprll 2005, but Ihls accounting standard has sincè bean wthdrawn and has been repla¢ed by thg Charilies SORP m&nlloned In the preceding paragraph. The charity has prepared these finan¢ial siatemerits in accordance wllh the new Charities SORP.. this departure from tho 2008 Regulatlons is bglievèd lo be n6ce8sary forthese financial slalemenls to give a Irue and falr vlew. The principles adopted in the preparation of the financial stslements are set out below. Goln concem The trustees have assessed whether Ihe use of the golng ¢on¢em ba$ls is appropriate and have considered posslble events or ndilion5 that might cast signlfi¢ant doubl on th6 ability ol the charity to continue as a golng co8rn. The trusts68 have made this assassment for a period of at least one year from the dato of approval of thè financlal stat6ments. In particular the Iruslees havg ¢onsldered the chatlvs forSts and projections and the possible implications should projected Income 8nd l or expendibjre vary unexpectedly. The trustses have con¢luded that the is a reasonable expg¢ts1ion that the charity has adequate resourc8S to continue lo operate for the foreseeable future. The charity therefore continues to adopt the going concem basis In preparing ts nan¢ial statomonts. b) Income Income including investment InMe Is recognlsgd In the periLxl In whlch the charity becomes enliued to receipt, the amount recelvable ¢an be mgasured with reasonable certalnty. and receipt is probable. For the most part, Incomg is genèralty recogni5ed when It Is recelved. Income is only deferred when the charity has to fulfil conditions before becoming entilled to it or whgre the donor has specified that the income Is to exponded in a fvture period. Income from ¥Jonatlons and legacies includes: 1> Recoverable gKt aid. This is recognised when the relatsd donatlon Is rec&iv8d. Gift aid that has not been recovorgd by the balance sheet dats Is in¢luded as a debtor. 111 The charity relies on volunteers lo cary out many of Its a¢tivities. However, in accordance with the SORP, the valLFe of Ih8S services has not been In¢luded irh Ih8se financial statements as Ihey cannot bo roliably mèasured. Income from chable a¢tlvlllas represents income receivable from goods, seryl¢es and facilities supplied In furtherance of the Church's charitable objectives. It Includes In¢tsme from church retreats and other events and courses. rbdilure Expendilure. in¢luding irrecoverable VAT, is recognised when il is incurred or, if earlier, when a legal or constructive obligation for a payn)ent arises provided thal il is probable that settlemonl Mll be required and the amount of Ihe obllgatlon can be mèasured reliably. The charity makes grants to other instilulions and individuals to furiheT Its charitable objectives. Grants payable are recognised as conslruclive obligations arise, whi¢h is generally when the charity expresses a commilmenl lo the recipient that can be measured reliably and thèn only lo the extenl Ihat any ¢ondilions associated Mlh the grant are outside ol Ihe control of the charity. The wst of raising funds is nol significant and has not been separately disclosed. Goveman¢e costs. whlch aro induded in expenditure on charitable aclivilies Iwt are identified separately in the notes to the acwunls, Includes c08ts associated with Ihe independent examination of the finanal statemenls. compliance with conslilulional and stslutory requiremen15 and any other expendiiure incurred on the strategic managemenl ol ihe charity-
GRACE CHURCH DELL ROAD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 dl Fund accountsn General tunds are unreslrf¢lgd funds whkh arg available for usa al Ihe discration of the Iruslèes In furtheranc6 of thè g8n6ral obsectives of the charity. Designated funds comprise unrestricted funds ihal have been sel aside by Ihe tNslees for parliujlar purposes. Restricted funds are donations which are lo be use(1 in accordance wth $pe¢lfic restrlctions imposad by donors., they include donations received from appeals foT specific actmbes or projects. Endowment funds are donalioTIS that are retained as capilal in accordance wSth the donorfs wshgs. The naturo of th'e restriction delemlnes wholher the endowTnents represent pewrnanent endowments or expendable endowments. el Tan Iblè flxed assets liems purchased or donated for thg charivs ovm usg are capilalised when the cost of purchased items, or the fail value of donated items, is morè than £1,ODO and tho ilem is 8xp•cled to benefil Ihe charity over more than one accounting period. Depreciation is charged on 8 straight line basis so as lo wfile down Ihe value of each assel lo its estimated residual valuo lif any) over its 8XPgCted useful economi¢ lif•. To achieve this obje¢tive the following rates of deprecialion are chargèd.. Equipment Over 3 to 7 years The carylng values of tanglble flxed ass8ls are revlewed for impal9nt in peritx1s whon events or chonges in ¢ircum$lances indicate that the carrying value may not bè recoverable. o Inveslments Flxed 8s8et investrnents are held lo generate Income and l or for Ih91r Invgstmgnl potgntSal. Currènt asset inveslments arè investments that are held speclflcally for salè or are Investments that the charlty expects 10 8011 by the next balance sheet date. Inveslments. other than social investments (see bèlow). are valuetl as follows: il Invtmfjn1 propgty and lislad inv8slm8nis aro valuad al their rna8t valuè (fair value) at thè balance sheel date. li} Unlisted invastmenls are measured al cost less impairnient where il becomes apparent that the amount that could be reali$ed18 less than cost. g) Penslon scheme arran emenls The charity operates defined contribution perbsion schemes for its ernployees. Obligations for contribution5 to these sthemes are recognised as an expense when the liability arises. The assats of these schemes are held separately from those of the charlty In indep8nd8ntly administ6r8d funds. The charity has taken advantag8 of th& various rèli6fs from taxalion available to charities and no tsx is payable on the chariws incorne. il Financial instruments The charivs finanaal assets and financial liabilities all qualify as basic finanrjal instruments. as defined by FRS102. Except for loans, ¢reilllors and debtors are mgasured al their expected $91tlamgnt value Inom)ally the amount of cash that the charity expects to pay or recelvel. The charfty r6cognls68 liabllltles for prlncipal of th088 loans that remains outstanding at the year end {i.e. Ihe liabilities exclude any interest chargeable on the loans in future years). 11 Exam icin from rfn a cashflow statsmenl The charity has taken advantage of an exemption conferred by the Charities SORP and h88 not prepared a cash flow slatsmgnl. 12
GRACE CHURCH DELL ROAD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 3 0onatlon$ and logaclos 2025 2024 Donations of c8$h and slmilar Other grants receivable Incone tax recoverable 219,265 44,838 42,714 306,817 200,837 17,859 36,411 255,107 4 Income from oharitèble actlvltles 2025 2024 Church retreats and events Hall hire 4,015 4,514 3,807 8,321 7,989 5 Other Income 2025 2024 Other income 4,137 4,137 320 320 6 CharStsblg expgndlturo 2025 2024 Costs Incurr8d directly on 8peclflc actlvlll•s Staff costs staff support Events Utilities Gener81 Expens*s Equipment Child prolaction Rent Building project 149,365 6,549 4.736 4.194 12,617 1,163 717 9.469 1,296 190,106 144,575 10,729 7.266 3,338 14,408 2,633 270 6.761 16.188 206.167 Grants payable (note 6c) 16.566 22,346 206,672 228,513 b Costs Incurred on support & admlnlstratlon Govgmance costs Independent $xaminai'$ fe8 Other admlnlstrative costs 1,380 2.220 1,380 1.020 917 3,318 2.220 992 864 Depreclalion of langible fixed assets Insurance Total expondlture 209.990 232,590 The fee payable to the Independent examiner for examining the account8 was £1,380 (2024.. £2,220)- 13
GRACE CHURCH DELL ROAD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 klARCH 2025 C Grants payable Inslilulions Individuals 2025 Grants for local support Grants for mission support 4.606 10,875 15.481 1,085 5.691 10,875 16,566 1,085 Thg MParal1veS for tha previous year are as follows.. Institutions Individuals 2024 Grants for local support Grants for mission support 2,000 2,400 4.400 2,000 20,346 22,346 17,946 17,946 The charitys principal grants lo institutions compr55ed'. 2025 2024 Fellowship ol Independent Evangeli¢al Churches (FIEC) Serving in Mission (SIM} Inlersgrve Arab Wodd Mlnl8lrfes IAWMI Agape Conv8rge Greater Europe Mi$$lon IGEhAI Unlversltles and Colleges Christion Fellowship IUCCF) Grants to instltutlons for less than £1,000 each 3,106 3.000 1.500 1,500 4,875 2,946 3.000 1.500 1,500 3,000 3,000 1,500 1,500 15.481 17,946 7 *alYsIS of staff ¢o$ts, thg cost ol koy management personnol and tru81•0 remun•ratlon The average monthly number of employées during the year was 4 {2024'. 41. Most of Ihe charitys activrties are carried out by voluntsors. No staff received salane5 al a rale ol mole than £60.000 per annum. The charivs key manay8rnènt comprise the trustees and the key staff named on the Charity Infvrmalion page. Totrl employment benefits payable lo key management foi the yearwere as follows.. Other Employer employment pension boneflts contrlbutions Waggs & salaries 2025 Trustees: Andrew Weathedey Stuart Ward Joshua Jackson 41.778 34.476 27.670 3.194 2.586 2,075 44.972 37.062 29.745 111,779 The follwing amounts were payable in the pr8vious year. Other Employer Wages & employment pension salaries benefits conknbution5 2024 Trustees: Andrew Weathedgy Stuart Ward Jo$hua Jackson 40,710 33,300 25.808 3,112 2.498 1.936 43,823 35,798 27,744 107,364 Andrew Wealherfey. Stuart Ward and Joshua Jackson served as church lèaders and received th& abovfy pay)nents for serving In that ¢apauty, not for serving as tru$tees,' Ihese pawnents are pèrmittèd by charws governing documenL Joshua Ja¢ks¢)n was appolnted as a trustee part way through the 2023-24 financial year.. the poyments sh¢)wn above relate lo the full finanryal year. 14
GRACE CHURCH DELL ROAD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 8 Tangible fixed assgts Flxlures, rillings and equipm9nt Totsl 2025 Cost Al 1 Aprll 2024 Addlllons Disposals Al 31 March 2025 3.970 657 3,970 657 4,627 4,627 Accumulated depr8clallon Al 1 Awil 2024 Charge for th9 y9a Eliminated on disposal At 31 March 2025 2,293 1.020 2,293 1,020 3,313 3.313 Net book value Al 31 March 2025 1.313 1,313 Al 31 March 2024 1,677 1.677 9 D•blors 2025 2024 Falling due wilhin one year: Gift Aid raceivable Totsl dobtors 10,992 10,992 9,156 9156 1D Cash at Bank and in Hand 2025 2024 Cash at bank wlth ImmodSats access Notice deposils Iwith a term of three months or1gss} Poty cash 56,972 235,010 187,615 5,000 48 192,664 291,9B2 15
GRACE CHURCH DELL ROAD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 IIARCH 2025 11 Cr•ditor8.' liabiliti•¥ falllng du• wlthln ono year 2025 2024 Credilor8'. outstsndlng expenso claims Accrual8 Finance lease liabilities {premi$es) 976 1,221 7,150 9,506 7.077 10,518 12 Crndttors.. amounts falllng due after more than ono ar 2025 2024 Financ8 lease liabilities (premises) 25,025 25,025 32,175 32,175 13 Loans and finan¢e leases The liabilities for finance le8se$ reforred to In leS 11 and 12 fall dug for roPoym9nt as follows.. Olhwwise than by instalments Flnance leases 2025 By Inslalments 2024 Repayable.. Wtthin one year Beeen one and fivg yaars After five years 7.150 25.025 7.150 25.025 7,077 28.600 3,575 39.252 32,175 32.175 The church has entered into a lease arrangemenL whereby Church Growth Trust h8Vo Inv$sted £80,000 as a grant towards the new ¢xtenslon. Tho 1gas6 comm8nc8d on 1st Octob&r 2014 and allows for the £80.000 lo be recovered over 8 15 year perlod al an interest rate of 4¢/D per year by way of an annual rental paymont of £7,150. 14 Panslon cornmttments During the y8ar 8mployerfs pension contributions lotalling £9.860 {2024.. £9,496) Ire payable lo defIn ¢ontrlbution p8rsonal penslon schemes. 16
GRACE CHURCH DELL ROAD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 PAARCH 2025 15 Funds During the year the movemerbts in the chantls funds were as follows.. Opening Incoming balance resources 2025 2025 Outgoing resources 2025 Transfers in the year 2025 Gains and losses Closing balance 2025 2025 D8gnated Funds Premlses Fund Mission & PartnershSp Fund 38,847 38,847 101 17031 703 38,847 17031 703 38.847 General Unresti7Cted Funds 14.070 209.513 1170,3951 (29.745) 23.443 Total Unrestricted Funds 52.917 209.513 1171,0981 129.042) Restricted FoYnd$ Compassion Fund Ward Fund Training Fund Warm Welcomg Breedon Road Cross Cultural Outreach Premls8s Fund 494 275 1185) {11,4061 18,214 6,000 1.123 13.762 70,056 (35,8501 16511 19101 29.042 5,349 212 13.762 187,559 118,800 (1.2961 107.887 109.430 {38,892} 29,042 207,467 Aggregata of funds 160.804 318,943 1209,990} 269.757 Details of funds: Premises Fund - funds dèsignated lor any future costs in r618tlon to ngw or improved premlses. Mission & Partnershlp Fund - funds designated for the support of mlsslon and partner activllès. Compassion Fund - funds rastrided for the support of indivlduals and familigs in financial netrd. Ward Fund - funds r&slrl¢tgd for the support of Stuart Ward as an employeo of Grace Church Dell Road. Training Fund- funds reslrfctsd for the support of trainees employed by Grace Church D911 Road. Wam Welcome- funds r6strlctgd for th9 Provision of Wami Welcome events and associat8 building malntsnance. Breedon Road- funds reslrlcled for pUhas9 of Christmas gifts for Breedon Road and olhar Christmas èvents. Cross Cultural Qulreach- funds restrfcled for cross cultural outreach aclivities Including English Glub. Anatysi* of nel assets by fund The assets and liabilitie5 of the various funds were as follows= Unieslrfcted Funds General DosSgnaled funds fund8 Reslricted funds 2025 Tangible fixed assets Debtors Cash al bank and in hand Creditors falling due within one year Creditors falling due after one year 1,313 1.313 10.992 291,982 19.5061 125.0251 1,449 206,019 47,109 {9.4991 (25,0251 38,854 171 23A43 38,847 207.467 269.757 17
GRACE CHURCH DELL ROAD NOTES TO THE Accoutr¥rs FOR THE YE ENDED 31 MARCH 2025 In the preVS year the movements in the chaiilJ48 lunds were as follows." Opening balanc 2024 Incoming resources 2024 Outgng sour8 2024 rrBnsfers in rhe yoar 2024 G8ins and losses Closing balance 2024 2024 Designated Funds Premises Fund Miswon & P8rtnership Fund 38.847 38,847 38,847 38,847 General Unrestncted Funds 23.947 169,222 (179,099) 14.070 Total Unrestricted Funds 62.794 169,222 (179.099) 52.917 R8strlcled Funds Compassion Fund Ward Fund Training Fund Waftn Welcome Breedon Road cAS Cultural OLrtreach Pr8mis&s Fund 2,494 1.165 8.379 12.000) (1. 166) (34.138) 494 14,353 111,406) 54,815 80.173 (16. 188) 118.800 66.852 94,526 (53.491) 107,887 A99regal8 of funds t29.646 263.748 1232.590) 160.804 Anafysls olnot assèts by fvnd In the prevuS year. the assets liabilitS of the various funds were as follows.. Unréstncfed Funds General De&gnated fund$ funds Restrlcled fvnds 2024 Tangible fixed assets Debtors Cash at bank and in hand Cr&ditors falling duo wilhin one year Creditors falling due afterone year f.677 6,282 48.803 (10,518J (32,175) 1.677 9, 156 192,664 (10,518) (32, IT6) 2,874 105.013 38.847 14.069 38.847 IOT,887 160,804 16 Tran$a¢tlon$ wlth relat•d partlo$ During the year the charity received donations lotalling £49,378 {2024- £46.8481 frorn related partres {which includes trustees, any olher members of key management and anyone ¢losely conne¢led lo them). Except as disdosed in rle 7'Analysis of staff cosls., Ihere have been no other transa¢tion$ with related parfies during the y8aT. 18
¢WE¢IIURtHPfLLROAD ErLED 8TATEIIWOFFKi•jICL•L£TMrS¥j11CO•RA111Es FOR TrEYE•REWDED51 Urti•thlSd lynda Den8ted 202S 202S 2D24 2024 No DENDoWENrsFRO1ty. 197.387 fQgA3D 31.b17 7.9&9 4.137 180,581 2541U7 3?1 3Z (rthEr 4.137 Tow anddndoTh 2Qg.513 318.913 281748 I1701) 031 12Qg.OW)I 1178.0991 1514911 I232.) 1170k941 12QYWOI (222.W)I 39.119 7QS 10BP53 31.1S8 703 9273 sllo 19.8771 41,035 31.158 T¢iai fvntsbrowhlfornatd I40 38,117 107.8 160 23,B47 52 129.616 T•Wlundsr4•df0r4rd 38.847 207.467 269.757 SS,È47 Its7,187 160.804