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2024-12-31-accounts

Annual Activity Report Grace Church Loughborough January 2024 – December 2024.

Grace Church serves a small community in the town of Loughborough. The church comprises of church members, the church officers who are also the church’s trustees. We do not have any paid staff nor office holders, we are all volunteers.

We had been having our weekly meetings in a community centre in the centre of town since 2022, but this venue had become unworkable for us towards the end of 2024, so we began to search for another venue within our local area by starting to make enquiries in December 2024. De Lisle School, which had been a viable option that was open to us post Covid was available in the afternoons and we planned yet another move for 2025.

We held various activities for the community during 2024, 2 quiz events for the church community and beyond, a Firework Party, Christmas events and a summer BBQ. We also reached out to the community to invite them to make prayer requests. This involved a group of people slipping card through letterboxes and inviting people to send in any prayer requests.

We continue to see growth in our numbers which is really encouraging. The shape and dynamic of the church is gradually changing. Our student ministry is picked up during 2024 up and we also have good links with the student union and the Christian union. We support the Christian Union financially so they can continue to support students on campus. Some of our students secured employment in the area and have remained at Grace for which we are very thankful for all their contributions.

We base our outreach around specific events during the calendar year as well as running. A monthly men’s breakfast meeting and whole church activities. We are currently planning a mental health course for the community and have links with a well-being centre in the town and will be working in partnership with them and GP’s surgeries to promote this for our community and providing lunch for those who come along.

Finance

Grace supports a family in Eurasia on a monthly basis, and we also give a 10[th] or more of our income to causes that are closely connected to the church family.

As a church, we have a lot to do with students and we are keen to support students who have come into the UK from another country who may feel isolated and need the support of a family and a church, so we looking to forge strong links with another National charity Friends International who have a branch within the town.

We also support a couple in Bolivia who work with students around developing their leadership skills and running programmes for the community.

Safeguarding

The church has a safeguarding policy that was updated during 2024 and all our children’s volunteers are DBS’d checked. All our training is in line with charity legalisation and guidance as well as local safeguarding arrangement policy & procedures .

Grace Church Loughborough Trustees

October 2025 for year ending December 2024

Jan24 to Dec 24

Grace Church Loughborough

January 1-December 31, 2024

DISTRIBUTION ACCOUNT TOTAL
Income
bank interest £502.76
Gifts/one off donations £649.90
Tax refund £3,286.29
Tithes/regulargiving £21,886.52
Total for Income £26,325.47
Cost of Sales
Gross Profit £26,325.47
Expenses
Advertising and Promotion
Literature & Publicity £180.00
Total for Advertising and Promotion £180.00
Bank Service Charges £62.50
Church Giving £2,400.00
Church Tithe £2,175.00
Gifts & Donations (One off) £35.00
Gifts(weddings/leavingetc) £288.00
Total for Church Giving £4,898.00
Conferences and Meetings
Conference Attendance Fees £1,175.00
Rooted £75.52
Total for Conferences and Meetings £1,250.52
Equipment
Small consumables & Equipment £401.42
Total for Equipment £401.42
FIEC £900.00
Food & Drinks
Hospitality £84.83
Whole Church Meals £676.70
Total for Food & Drinks £761.53
Licenses and Insurance
Copyright license £253.00
Insurance Expense £320.19
Total for Licenses and Insurance £573.19
Materials & Resources
Activity Materials & Resources £31.98
Study and Teaching Materials £36.43
SmallgroupResources £77.10
Total for Study and Teaching Materials £113.53
Total for Materials & Resources £145.51
Professional Fees
Accountant charges £374.40
DBS checks £36.30
Total for Professional Fees £410.70
RENT £5,611.00
Garage Rental £600.00
Total for RENT £6,211.00
Sunday school £72.81
Telephone £100.08

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Accrual Basis Monday, October 13, 2025 05:44 PM GMTZ

DISTRIBUTION ACCOUNT TOTAL
Travel £34.40
Total for Expenses £16,001.66
Net Operating Income £10,323.81
Other Income
Other Expenses
Unrealized Gain or Loss
Total for Other Expenses
Net Other Income
Net Income £10,323.81

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Accrual Basis Monday, October 13, 2025 05:44 PM GMTZ

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name Grace Church Loughborough

On accounts for the year ended

December 2023

Charity no (if any)

1170926

Set out on pages

(remember to include the page numbers of additional sheets)

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Date:

28/05/2025

Name:

Larraine Eckert

1

October 2018

IER

Address:

Independent examiner

25 Springfields Close

Burton on the Wolds Loughborough Leicestershire

LE12 5AN

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

October 2018

IER