Charity Numlxr:1164314 Abundant Gr8¢e Mlnlslry Flnandal StatemeDts For the Year Knded 31 Deeember 2024 Augustus & Co Ch•rtered Certified Aeeounlattts
Abundant Grace Mlnlst Index Contents ixgal and Administrative Detsiis 2-6 TSteeS Rert Ind¢p¢Dd¢ot Examin¢rfs Report Ststement of Fin8n¢ial Activities Balan¢¢ Sheet 10-12 Notes to Accounts
Abundant Gracemintst 41 and Administrative Detgilg Trust¢es Maria Stroud Z¢naida D¢ LA Cruz Arnel Marlnduque Bankers Barclays Bank PIC Stratford Branch 737 Barking Road tDndon E13 9PL Independent Examiner A A BoaffrBrewu FCCA MBA Chartered Certified A¢wuDtsnt 374 Lcy Stre¢t Ilfrird Ess¢x10I 4AE RegisteAEd Address 50 Farnier Road Leylon LK)Ddon EIO 5DH Charity Number: 1164314
Abundant Grace Mlnlst Report of the Trllstees The trustees submtt their annual report together with th¢ fanCial stat¢rnents for the year ended 31 December 2024. The financial sfatements have been prepared in OrdanCe with the accounting policies set out in note I to the accounts and comply with the charity's trn5t deed. the Charities Act 2011 and Accounting and Reporting by Chariti¢s: Stat¢meDt of Recommended PractTrce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republtc of Ireland published OTh 16107114. Governing Document Abundant Grace Ministy is an unincotporated charity gov¢rJKd by its trust d¢¢d dated 12 April 2015. It was registered as a charity on 9 November 2015. ObJecifve8 The objectAves of the Church are for the berIt of the publi¢: to advan¢¢ th¢ Christian faith in aCCOTdance with the Ststement in such ways and in such parts of the United Kingdom or th¢ world as th¢ Church Council from time to tlme may think fi¢ to lieve sickness and financial hardship and to promote and preserve good health by th¢ provision of funds. goods or servic¢s of any kind including through the provision of counselling and support in such parts of the UTJited Kingdom or the world as the Church Council from tim¢ to tim¢ think fi¢ to advanc¢ education in such ways and in sueh parts of the United Kingdom or the world as the Church Council from time to time may think fit. Aifiliatlon Abundant Grac¢ Mtnistry is a Christian Church aifiliated to Assemblies of W Great Britain who present and ieath th¢ gosp¢l of J¢sw Christ. Rwiew of Activittes Th¢ fman¢ial position of the fellowship at the end of the financial year is as detailed in th¢ atta¢hed rmaDcial statements. The charity received income of £82.406 durin8 the year. Trusttts The folk)wing served as tNstees during the year. M&ria Stroud Ms Zenaida De La Crnz Arnel Marinduque Trn8tee Selection Method Trustees are appointed by resolution of the existin8 trustee iM)dy.
Abundallt GrAee Mittist Activitie4 and Achievements During the Yexr Our activities throughout the year bave fulfilled these objectives through: CIIURCH ACTtVTfiKS: The Church meets every week for its Sunday services that centres on God's Word ond f¢llowship. iM)th physically and virtually. The Church continued its live services on Sooial Medi8 plarforni to sery people who are unable to travel to the place of worship. The people continue to gather in small groups in different locations in the UK during tbe week for Bible study, prayer and encouragement. These weekly meetings provide oppornitIeS for people in similar age groups and interests to be together for fellowship alld leaTning the Scrlptures which led by trained leaders. The Chwch also has regular leadership trainin85, seminar4 tnentoring and fellowship for leaders WKI volunteers for ellcouragement and personal dev¢lopm¢nt. SOCL.. The weekly meetings and activittes for different age groups such as Me women. youth aThl children continued all year round both physically and virtually. The weekly visitstion and song servi¢¢ in a r¢sid¢ntial hom¢ continu¢s. Th¢ service is open to all r¢sidents, staff and visiting family members. ADyoDe who is willing to join are welcome. The Church delivered Christmas presents for all the r¢sidents and staff befo Christm8$ Ev4 and were distributed on Christmas Day. Everyone was ¢xcit¢d. appr¢¢iat¢d and enjoyed their present5. The Church also provides spiritual and moral support throu8b prdyer and one to one conversation with the residents and staff as needed. Th¢ Chwch continu¢d to give assistance to individuals and families in the community who needed some help and &ssi51anc¢ with their essential needs, helping them in their sptritual and mentsl needs through visitation, prdyers. pastoral care, ¢ounselliDg, and intr(Mluced them to their Life Groups for continued c. Th¢ Church organis¢d a Church day out on Easter weekend which was opened to families and friends outside the church who would want to join. There was a good up. Everyone had 8 8r¢al tim¢, includiD8 Visitors who enjoyed the f(K)d, activities, games and fellowsbips. This gath¢ring str¢ngthened th¢ bond of God's family. YourH WORK. The Children's Sunday Sch(K)I continues to grow numerically and spiritually. The children me¢t regularly every Sunday for Bible stories, games and crafts. Parents were ¢ncouraged to followthrough at home with what the children are learning in Sunday School. They are so pleased with the spiiitual nd emotional development of their children reflecting in their good behaviour and attldeS at home. Children witb their parents also meet in the park or in a house during terni br¢8ks Jnd do some fun and education818Ctivities. The Youth meetings were nlostly done on Sundays aftor the worship servi(x baUSe most of schwl works. They gathered together for a chat and f¢llowship with thetr l¢ad¢rs. Youth leaders mentor and encouraged the young people to be involvd in diurch and community activities during their weekly meetings. They w¢re trained and encouTaged to get involved in medi4 music, hospitality and childr¢n'5 ministy. Th¢ Church provides resources and practical help for them to be mentally, physically, sialty and spiritually h¢althy.
Abundgnt Grace Minist MISSIONS.. The Church continues to meet virthally for prayer and encouragement. The is a daily devotion with the pastor every morning. and Tuesday night Prayer Meeting for the Church to pray for the nations- praying for national and local leaders. praying for pea¢¢. jusli¢¢. ord¢r and s8f¢ty in our streets cities, and some other concerns around th¢ world. Prayers were also offered foT individual4 families Bnd thelr Splfi¢ needs. These prayer gatherings brought joy and spiritual strength to the people knowing that somebody cares about them and their ¢on¢¢rns. The Church also provide support to the less fortunate in the conynunity by giving in-kind donations to individuals and households. and contrtbuting to other established charities who are already helping the poor 8nd vuln¢rabl¢ in some pArts of the UK and other countries. Moreover, the Church has c£trIbuted fmanctally for the people who are in war-torn coufttries and to communities who w¢re victims of natural disasters. The Church ¢ontinue tr) give financial support to the poor children in India through thother UK charity. At the end of the year. the Church sent boxes of doiiated essential goods end clothing for the poor familie5 in Naguillan, La Union, Philippin¢5 through a local ¢hur¢h in th¢ The mission of the Church to brings transfonnation ill the Ilves of the people by being the hands and feet of Jesus to the world continued to expand through personal connections, social rned1 the life groups> giving humatiitariall aids and other means to reach more people with the Good News Of Jesus ChrisL Reserve8 Poli¢y The or8onis8tion has set up a building fuDd with the view to purchasing its own property in the fiiture. At 31 December 2024 ther¢ was free unrestri¢t¢d reserv¢s of £77.917 and this will used to supwrt th¢ charity's tUre activities. Revtew of Major Risks The major risk facing the organisation is reduced congregation. Th¢ trustees have & duty to identify and review the risks to which tbe charity is exsed and to ensure appropriate wntrols ar¢ in place to provid¢ reasonabk assurance against fraud and error. This is constanty monitor¢d and r¢view¢d. Plan5 for the Future Abundant Gra Ministy aitns to fulfil its vision of National Trallsfonnation by bringing the living hop¢ and the ligbt of Jesus Christ to our communities one person at a time. W¢ ar¢ r4ising more fvnds to fm4Dce the expansion of the Church, ministy in the UK and beyond. We plan to broaden the Equipping strategy of the church to train more volunteers and worke to help in the growing neeAls of the ministy. We plan to seek for Other ways to incrcase th¢ Church, building funds to be able to buy a prop¢rty as a house of worsbip and a Communal place for the community- off¢ring ¢hildr¢n's nuTS¢ryJ a famity worship centre, a sports ground for all age group4 and a place of r¢fuge for the homeles& tb¢ underprivileged 8nd the refugees.
Abundani GrAce Mintst We plan to seek for other ways to increase the Church, building funds to b¢ abl¢ to buy a property as a house of worship and a communal place for the community - off¢Ting children's nuTsery. a family worship centre, a sports ground for all age groups. and a place of re8¢ for th¢ homeless, the underprivileged and the refu8e¢s. How our adivRtie8 deliver publi¢ benefit Our main gctivities and who we try to serve are as described in our objectives alld activities. All our charitable activities focus on these objectives to further our charitsble purposes for the public benefit. Statement of Trnstees, Reyponslbilitl&4 The trustees are responsible for preparing the Trustees, Annual Report and the fmancial statements in aceord8nce with applicable law and United Kingdom Accountillg Standards (United Kingdom Generally A¢cW¢d AountIng Prnctice). The law applicabl¢ to chariti¢S in Engknd & Wal¢s requires the trustees to prepare fuwicial statements for each financial year which give a trEie and fair vtew of the state of affairs of the charity and of the incoming resources and application of resources of the ¢haTity for that period. pr¢paring thes¢ financial statements, th¢ trUSts aT¢ required to: a) select suitsble accounting PK>licies and apply them consistently. b) observe the m¢thods and principles in the Ch8riti¢s SORP. c) make judgments and estimates tbat are reasonable and prudent. d) state whether applicable accounting standards have been followed. subject to any material departur¢s disclosed and explained in the financial slatem¢nt4 e) prepare the fmancial statements on the going concern basis unles5 It is inappropriate tt> presume that the charity will continue in OPKT8tion The tteeS are osIble for keeping prop¢r CoUnting r¢cord5 tIt disclose with reasonable accuracy at time the financial wsition of the charity and enable them to ensure thai th¢ financial stslem¢ots mplY with the Chariti¢s AGt 2011. the appli¢abl¢ Chariti¢s (Awunts and R¢wrts) Regulations, and the provisions of the trust deed. They are also responsible for safeguarding the &ss¢ts of th¢ charity and taking reasonable steps for th¢ prevention and dcteclion of fraud and other jrr¢8vlariti. Th¢ truste¢s ar¢ Tesponsible for th¢ maint¢naDc¢ and iot¢grity of th¢ charity and th¢ financial inforniatioo on th¢ Charity's web5its. l£gislation ID the United Kingdom 8overniDg the preparation and dissemination of fuwicial ststements may differ from le8islation in other jurisdictions.
AbundA rAee Mllltst Independe#t Exllmlner The InJstee8 illtd askin8 the existing accountant to widertake th¢ indepellde ex0mltIon of the or8aDisation's accoullts in the followtDg y¢ar. DeelarAtion I declare. in my Calty of chlty truste4 that. the trustees have approved the rep(¥t aiMw4 •nd have aut orised Me to sign on th¢iT behal£ ame: Mari PosltloD: Trustee D*ted: 24 October 2025
Abundant Grace Minist llldependent Examiner*s Report to the Trnstees of Abundant Grace MIDiStry I report to the trustees on my examination of the financial ststements of Abundant Grace Ministry ('the cbarlty,) for the year ended 31 tkcember 2024 which comprise the Statement of Financial AcÉivitie4 the Balance Sbeet aad related notes. This report is made solely to the charity's trustees. as a Imxly. in accordanee with section 145 of the Charities Act 2011. My work ha5 been undertaken so that I might state to the charity's trustees those matters I am required to stste to them in this rewirt and for no other PUTpose. To the fullest extent pemiitted by law. I do not accept or assun)e responsibilty to anyone other than the charity and the Charity's trnstees a5 a body> for my work, for this reporL or for the opintons I have fornied. Responsibilities and b18 of report As the trnstees of the charity. you Are responsible for the prep8ration of the fmaucial statements in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in r¢spert of my ¢xamination of the chaTity's fInal&l stsl¢m¢uts ¢aTri¢d out wider wtion 145 of the Act alld in carrying out my examination I have followed all the appltcable Directions given by the Charity Commission under section 145(5Xb) of the A¢t. Ao iodependent ¢xamiDation does not involve gathering all the ¢vidence that would be required in an audit and cons¢qu¢ntly does not cover all th¢ matt¢rs that an auditor considers in giving their opinion on th¢ financial statsm¢nts. Th¢ plaDllin8 and conduct of an audit goes beyond the limited assuronce that an independent examination can provide. Consequently l express no opinion as to whetber the fin8nctal statements present a 'true and f8ir' view and my report is limited to thos¢ specific matters set out in the independent examiner's statement. Independent emIner'S 8lalement If the elwity's gross in¢ome exceeds £250,000 your examin¢r must b¢ a memb¢r of a bcdy listed in section 145 of the 2011. Th¢ charity's income for the year was b¢low this ihreshold. I confirni that I 8m qualified to undertake the examination because l am a member of ACCA, which is one of the lTrsted bodies. I hav¢ Gompl¢t¢d my ¢xamination. I conf1rn7 that no material maft¢rs hav¢ com¢ to my att¢ntion tn conn¢rtion with th¢ ¢xamination giving me cause to believ¢ that in any material respect.. accountillg records were not kept iti respect of the dwity &8 required by section I30 of the
the fuwicial statements do not aG¢ord with those rewrds. or the financial statements do not comply with the applicable requirements concerning the form and content of accounts s¢t out in th¢ Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is not a matter ¢oDsidered as part of an ind¢wident examination. I have no concems and have come across no irtber matters in connecti(In with the exatnination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. A A BothBreMW (FCCA MBA) 374 W Street Ilford Ess¢x IGI 4AE Augustus & Co Dated: 27 October 2025
Abundant Grnco Minl8try ststem•nt of Flnanclal A¢tlvlOg• Y••r End•d 31 Do¢8mber 2024 Unrestrlcted Restricied Talal Total 21Y23 24 lft¢om6 from: Voluntary InMe. donations Bank intsresl rewved Totsl 72.721 8.275 80. 1.410 73,590 385 74.131 8.275 Expfrndlturè on: Charttable adiviti9S Total 81.811 61,811 58,708 58.708 61.811 Net Movement8 in fund8 12.320 8.275 20.595 15247 Reconciliation of furKI8'. Reconciliation of fvnds Total lunds brought foM8rd 810110112024 73.5 7.116 80.712 80,712 Total fundB ca11 foM8rd at 31112r2024 85,916 101.207 9S.959 The nots$ on pages 10 to 12 fomi part ofthese financAal statements.
Abundant Gra Mlnlstry Balanco Shoot at 31 DeceMr 2024 Nole 2W24 2023 Flxèd TaThJibl8 Flxed Ass918 7,999 9.996 Currnnt A•sets Debtors Cash at benk and In hand 73,964 Crodltor8: Amounts filllng duè wlthln ong year 3,551 3.248 3.248 Not currnnt a880ts 70.716 Tolal assets less c#Jttert liabllittes 101.307 80.712 Not as8ets 101307 R•pr•s•ntod by: R8stskted furKI Uniestrkted lund 15.391 85.91e 101.307 7.116 Tho fin8ncAal statements w8rg approved by the trustees 24 October2025 and signed on ils behalf ty. Marfa Stroud (Tnrntge) The re5 on pages 10 to 12 foftn part of thes& flnarthl statements.
Abundant Gr0¢6 Mlnl8try Notes To Accounts Year Ended 31 December 2024 1. 1. Accounung ¢onventlon The fJnan¢ial stItem¢t have been prepared under the hiOr1¢al cost conveThlion with i¢eDis recogtiised at cost or tra1CtiOn value unless otberwise slated" the relevant notel5) to these Aounts. The finatjctal ststements have been prepared in aceordance with the Statement of Recommended Practice: Accounting and Reporting by Chl(leS prepariDg their accounts in accordaThc¢ with the Financial Reporttog stdard 8pplieable the UK and Republic of treland (FRS 102) issued on 16 July 2014 and the Finan¢ial Reporting Standard applicable in the Unt*d Kingdom and Republic of Ireland (FRS 102) 4nd the Charities Act 2011. 1. 2. Incomlng Rosour Donations relate io amounts receable durlng the year. 1.3. Capftal Grants Grants towards capital expenditure are Gredited to a deferred ¢apital grant and released to In¢ome and Expenditure account over the expected lives of the assets. The amount releas8d equals the depwiation Charge. 1.4 Ro8trlcted Funds Rstricted funds are to be for spriC purFK)ses as decided by the trustees. Expendibjrè which meets INS ¢riteria Is Charged to the lund. 1.5 Unrestrlcted Funds Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specilled purposes and are available as generaj funds. 2. Trustees The trustsss rece6ve no remuneration for their servlces. 3. Voluntary In¢omo Unrestricted Restrtcled Total Total 2024 2023 Tithes and offerings Other Income Birthday Jesus HMRC £rftAid Building fuThJ Total Incomlng R•8ource8 56,625 875 56.625 875 61,246 15.221 15.221 8,275 80,996 12,344 8.275 8,275 72,721 73.590 10
Abundant Grace Mlnistry Not95 to Accounts Year Ended 31 Decgmbor 2024 4. Charltsblo act11109 Unwresmcted Restricted Fund FUTr Total 2024 Tot81 2023 Rent And Utllities Church Supplies cOnferee ArKI Tralnlro Expenses Love Gifts Wages 8nd Salaries Employets Pension Depreaalion Of Fixtures And Fittlngs Oepre¢ialion Of Motor Vehlcles Travdllng Motr¥ Expenses Inswanco Hospilalty Computerlbroadband expenses stationery and Prfnliro Govemance costs (per note 5} 17.211 17,211 17,558 1,227 340 11.810 18,822 1.274 8,439 20.527 150 1,274 8.439 20,527 150 399 1.600 8,727 389 709 156 24 8.727 389 709 158 24 1,140 61.811 4.529 382 787 114 1,140 58.708 81.811 S. Governance cost Un-Trstrtcted Restrlcled Fund Fund Total 2023 2024 Legal and Professional Independent Examinerfs Fee8 180 960 1.140 180 180 1.140 1,140 6. Staff Co8ts 2024 2023 W•36s and sal89 Employevs Pension 20.527 150 20.677 18.822 No employee eamed In exces8 £60,000 Average t*8d counl in the yegr 11
Abundant Gracé Mlnl8try Notes To Accounts Y8ar Ended 31 Dec•mbor 2024 7. Flxed A88ets Furniture Fixtures & Equipment Motor Vehlcle Total C08t Ai l January 2024 Addition Dlsposal At 31 December 2024 1.993 15,999 17.992 1.993 15,999 17.992 DeprlatIOn At l January 2024 Charge for the year Dlsposal At 31 Oecember 2024 1,594 399 6,400 1,800 7,994 Net 8LKik V81ue: At 31 Dernber 2024 At 31 December 2023 7,999 9,599 7,999 9,998 399 8. CredltOfS: Amounts falllng due wlthin on8 year 2024 2023 Accruals Paye & NatM?nal Insurance 1,193 2,358 3.551 2.288 9. Analy8ls of net a88ets between funds Net Current Assets Fixed Assets Total RestrKted Funds Unresirlcted Funds 15.391 77,917 93.308 15.391 85,916 101,307 7,999 7,999 Rèstrlcted fund$: This a fund set up by the truslees for specific purFKJses. 10. Related Party tran8actlon8 Theie were no related patty transactions in the year 12