AREGISTERED COMPANY NUMBER: CE009870 (England and Wales)
CHARITY REGISTRATION NUMBER: 1172477
Global Church of Grace Ministries
Unaudited Financial Statements
31st March 2023
Woodridge Accountancy Limited
Chartered Certified Accountants
18 Woodridge Avenue
Quinton
Bimiingham
B321RE

Global Church of Grace Ministries Charitable Trust
Financial Ststements
Year ended 31st March 2023
Pages
Trustees, annual report
Independent examinerfs report to the trustees
Statement of financial actÉvtties
1to3
Statement of financial position
Notes to the financial statements
7t012

Page 1
Global Church of Grace Ministries Charitable Trust
Trustees. Annual Report (cottllrtt*dJ
Year ended 31st March 2023
The trustees p￿sent their report and the unaudited financial statements of the charity forthe yearended
31st March 2023.
Achlevements and perfomiance
Objectives and Aims
The objeots of the charty for the publ￿ benefft are lo advance the Christlan faith.
Signiftcant activities
Extensive prayers and refreshing acbvilies all airr￿d atachieving the vlslon of the Global Church
of Grace Ministries
An annual convention wrth attendance of nK*re than 400 members of the church and those
outside the church
Youth conferenc8 in Telford geared on the topics of career developrrent, voluntary work,
university choices elc
Annual women's conference held in London for both women in the mlnisty and the Iwal
eommLtnity on the subject of parenting, career and finances
Musical concert organised across the branches for members and people of the commun
Establishment of a national mass choir
Increased contribution towards other Charitable aclNits'es in the community leg fo(>d bank.
donations to charities etc}
Increased outreach work which18d lo continued increase in regular attendance at our various
branches both during mKi wk and Sunday serV￿e5 and for other special programmes
Flnanclal rovlow
Flnan¢lal po8ltlon
The ￿Ults for the ye8r, and the financial positton at the end of the year. are shown In the attached
ffinaneial stalemenls.
R88orv•s pollcy
The charity's reseNe policy aims to secure three to six months of running costs within the general frea
reserves lo ensure ongoing Sustainability. The current level of free reserves meet this objectsve at this
point
Future plans
All the slgnificant activities mentloned eadier are due to be carried out each and every year
The process of purchaslng a church buliding is ongoing wtth increased focus on a wide range of
fvjndraising activities
To those who need assistance the church bus will continue to convey members of the congregation and
non-members tolfrom various destinations to the Church across the various branches
Structure, governan¢o and management
Govemlng document
The charity is controlled by ts goveming document. a deed of trust and consts'lutes a charitable
incorporated organisation under the Charrt￿$ Act 2011
Charlty constitutlon
The chanty is controlled but its charity conslrtution dated 7 April 2017

Page 2
Global Church of Grace Ministries Charitable Trust
Trustees, Annual Report (¢Oft&nu
Year ended 31st March 2023
Recruitment and appolntment of ngw trustees
New trustees ofthe charity shall be the Spiritual Leaders from time to kn"me. No person shall be admitted
as a trustee of Ihe Charity Un￿ he or she sub￿ribeS lo the Statement of Beliets.
There musl be at least 3 charity trustees holding office and thera is no maximum number of trustees
that may be appoinled.
Inductlon and tralnlng of new Irustoes
The charity trustees will mak& available to each new charity trustee. on or before his or her first
appointment
A copy of the current version of the ¢onslilution
A copy of the charity's latesl Trustees, annual report and statement of accounts.
The ¢harlty Iruslees shall not be subjectto retirement by rotation. The temis of office ofa charity trustee
shall continue Ltnlil he or she ￿tIreS or ￿ removed In accordance wrth the relevant provisions of the
artlcles.
Any Ferson who retires as a charity trustee by giving noti￿ to the charity is eligible for ￿appoIntrnent.

Page 3
Global Church of Grace Ministries Charitsble Trust
Trustees. Annual Report {conttnu¢dJ
Year ended 31st March 2023
Referenc8 and admlnlstrative detslls
Rogl$terod ch•rfty name
Global Church of Gra¢e Ministries Charitable Trust
Company reglstrolion number CE009870 (England and Wales)
Charfty reglstratlon number
1172477
PrSnclpal offlee
Unil D3
Hortonwood 10
Telford
West Midlands
TFI 7ES
The tr1181ee8
D Ofori- Adjei
A Coleman
S Kyei-Baafour
Company 8e¢r6tsry
D Ofori- Adjér
Independont •xamlnor
M$ C Peters FCCA, of
Woodridge Accountancy Limited
Charte￿d Certified Accountants
18 Woodridge Avenue
Quinton
8irmingham
B32 1RE
The trustees, annual report ￿as approved on 16th January 2024 and signed on behalf of the board of
trustees by..
D Ofori - Adiei
Trustee

Page 4
Global Church of Grace Ministries Charitable Trust
Independent Examinerfs Report to the Trustses of Global Church of Grac6
Ministries Charitable Trust
Year ended 31st March 2023
I report to the trustees on my examination of the financial stslements of Global Church of Grace
Ministries Charitable Trust I'the charity'l for the year ended 31st March 2023.
Responslbllltle8 and bas18 of report
As the trustees of the charity you a￿ Tesponsible for the preparation of the financial statements In
acCo￿anCe with the requirements of the Charities Act 20111'the Acri.
I report in respect of my examination of the charity's financial ststerrents caryred out under seclk?n 145
of the 2011 Act and In carrying out ry examination I have followed all the applicable Directions given
ty the Charity Commission under section 14515)Ib) of tho ACL
Independent •xamlnef8 8tst•ment
I have completed my examinab'on. l ¢onffim that no material matters have come to my attents'on in
conn8Ction with the examination giving m& cause lo believ& that in any rnalerial ￿Spect..
accounting r8cord$ were not kepl in Tespect of the chanty as required by section 130 of the
Act.. or
the financial state￿nIS do not acurd with those records: or
the financial stslements do not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and tsirf view which is not a matter
considered as part of an SndeFendent examination.
I have no concerns and have come across no other matters in connect¢on with the examination to whlch
attention should be drawn in this report in order to enable a proper understanding of the aec￿jnts to b8
reached.
Ms C Peters FCCA,
Independent Examiner
Wtr)dridge Ac¢ounlancy Limited
Chartered Certified Accounlants
18 WcN)dridge Avenue
auinl¢
Birmingham
21RE

Page 5
Global Church of Grace Ministries Charitable Trust
Statsment of Financial Activities
Year ended 31st March 2023
2023
Unreslricled
fvrKls Tolal funds Total funds
2022 '
Incomè and endowments
Donations and legacies
Other trading aclivilie$
Investment income
234.306
20,971
725
234,306
20,971
725
136.517
24,858
392
Total Income
256,002
256,002
161,767
Expendlture
Expenditure on ¢harStable activrtse$-
DSrecl charitsb16 expenses
Governance Costs
Support costs
Total 8xpendtturo
116.311
7,875
79.869
204.055
116,311
7.875
79,869
204,055
68,217
9,601
67,398
145,216
Net Income and not movement In fund8
51.947
51,947
16,551
Reconclllatlon of funds
Total funds brought forward
Total funds carrled lorwanl
219,381
271.328
219,381
271,328
202,830
219,381
The ststemenl of flnancial activities includes all gains and losses recognlsed in the year.
l income and expenditure derive from conbnuin9 activllies.
The notss on pages 7 tr• f1 part of these financlal ststements.

Pa9e 6
Global Church of Grace Ministries Charitsble Trust
Statement of Financial Position
31st March 2023
2023
2022
Not•
Flxed assots
Tangible fixed assets
11
14,002
14,762
Cuffent a88ets
Cash al bank and in hand
269,281
224,574
Credltors". amounts falllng duo wlthln on? year
Not currnnt a880ts
Total assets leu current Ilabllftles
Net a88ets
12
(11,957)
119.9571
204,617
219.379
219,379
257,324
271,326
271,326
Funds ofthe ¢harlty
un￿strICted fund5
271,326
271,326
219,379
219.379
Total charlty fund#
14
These financial statements were approved by the l)oard of trustees and authorised for issue on 16
January 2024, and are sgned on behalf of the board by.
Mr D Oforl-Adjei
Truste8
Th• notes on pages 7 to 11 forni part of these Ilnancial statamÈnts.

Page 7
Global Church of Grace Ministries Charitable Trust
Notes to the Financial Statements
Year ended 31st March 2023
General Infommtlon
The ¢harity is an incorporated charity registered in England and Wales. The add￿sS of the
charity's registered office is Unit D3, Hortonwood 10. Telford. TF17ES
ststement of compllaneo
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Ststement of
Recommended Practice applicable to chantkgs preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Iretand IFRS 1021 (Charities
SORP IFRS 1021) and the Charitses A¢t2011.
A¢countlng poll¢l••
8a818 of preparalion
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of ￿rtain financial assets and liabilthes measured al fair value through income or
expenditure.
The financi81 ststements are prepared in sterling. which Is the fvnctional currenw of the entity.
Golng eoncem
There are no material uncertainties about the chanty's abillty to ￿ntinUe.
Dl•c108urn exemptlon8
The trustees have taken advantsge of the exemption in FRS 102 from including a cash flow
statement in the financial statements on the grounds that the trust is a small entity.
Judgemènts and kfry 8ourc•8 of 88tlmatSon un¢ertalnty
The preparation of the financial stslements requi￿$ management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed lo be reasonab18 under the or¢umstan¢es.
Fund accountlng
General funds are unrestricted lunds wh￿h are available for use at the discrelion of the Trustees
in furtherance of the general objectives of the ¢harity and which have not been designated forothèr
purposes.

Page 8
Global Church of Grace Ministries Charitable Trust
Notes to the Financial Statements (conthu8d)
Year ended 31st March 2023
Accountlng pollcle8 {condnu•dJ
Incomlng rosource8
All income is included in the $tstemenl of finan¢ial aCtiV￿eS when enbtlement has passed lo the
charity, it 1$ probable that the economic beneffts assccialed with the transaction will fl¢)W to the
charity and the amount can be ￿llabty measured. The following specific policies are applied to
particular categories of income..
- Income from donations is re¢ognised when there is evidence of 8ntrtlement to the gif( receipt is
probable and its amount can be measured reliabty.
- legacy income is recognised when receipt is probable and entitlement is established.
- Income from ¢ontracts for the supply of services is recognised with the delivery of the contracted
service. This Is classrfied as unreslricled fvnds unless there is a contractual requlremenl for il lo
be spent on a parh'cular purpose and relumed rf unspent. in wh￿h case it may be regarded as
reslricled.
Resou￿88 èxpgnded
Expendrture is recognised on an accruals basis as a liability is incuffed. Expendrture Includes any
VAT which cannot be fully recovered. and is dassrfied under headings of the ststement of financlal
activitie5 to which it relates..
- expenditure on raising funds includes the costs of all fvndraising activities, events. non-charitable
trading aclwities, and the sale of donated goods.
- expenditure on charitable 8ctivili88 includes all costs incurred by a chafity in undertaking actNilies
that further its charitsble aims for the benefft of rts beneficiaries. including those support costs and
costs relating lo the govemance of the charity apportioned to charitable activrties.
other expenditure includes all expenditure that is neither related to ralsing funds for the charity
nor part of 11$ expenditure on charitsble actNities.
All costs are allocated to eXpendrtU￿ categones reflecting the use of the resource. DI￿¢t costs
attributable to a single acb'vty a￿ allccated direclty to that activity. Shared costs are apportioned
b•￿een the activities they conln.bute to on 8 reasonable, jusb'fiable and consistent basis.
Tanglble o880ts
Tangible assets are inth'alty recorded al cosL and subsequenty stated atcost less any a¢xumulated
depreciation and Impalm￿nt losses. Any tangible assets ¢arried at revalued a￿￿Unts are re￿rded
at the fair value at the date of revaluats'on less any subsequent accumulated depreciation and
subsequent a¢¢umulaled impaimenl losses.
Dopreclatlon
Depreciation is calculated so as to write off the cost or valuation of an asset, less rts residual value,
over the usefijl economi¢ Ilfe of that asset as follows..
Musical equipment
Fixtures and fittings
Motor vehicles
20% straight line
25% straight line
25% slraighl line

Page 9
Global Church of Grace Ministries Charitable Trust
Notes to the Financial Statements (eoiitinu•d)
Year ended 31st March 2023
Accountlng pollcle$ (t￿[1￿￿0dJ
Impairrngnt of flxed assets
A review for indicators of impaim*nt is carried out at each rewrting date, with the recoverable
amount being estimated where such indicators exist. ￿ere the carying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impai￿ents a￿ also reviewed for
possSble reversal al each repjrting date.
For the purposes of impalm￿nI lesb'ng, when it is not possible lo estimate the rerA)verable amount
of an individual asset, an estimate is made of the recoverable amount of the CaSh￿enerating unil
to which the as$el belongs. The cash%eneratin9 unil is the smallest 1denlrf￿bre group of assets
that includes the asset and generates cash inllows that larply independent of the cash inflo
from other asse15 or groups of assets.
For impairment testing of goc4lwill. the goodwill wuired in a business combination is, from the
acquisilton dale, allocated to each of the cash-generating units that are expected lo benefit from
the synergies of the combinatron, irrespecbve of whether other assets or liabilities of the charity
are assigned lo those units.
Donallons ond lega¢le•
Unrestrid8d Total Fund8 Unrestncted Totsl Fund8
Funds
2023
Funds
2022
Donallon8
Donations, tithes and offerings
234.
234,306
136,517
136,517
Investment In¢om•
un￿$t￿cted Total Funds Unrestrlcted Total Funds
Funds
2023
Funds
2021
Bank interest Teceivable
725
725
392
392

Page 10
Global Church of Grace Ministries Charitable Trust
Notes to the Detailod Statement of Financial Activitles
Year ended 31st March 2023
Expendlthre on charttable a¢tivitles by fund type
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Direct charitsble activities
Govemance costs
Supportcosts
116,311
7.875
79.869
116,311
7,875
79,869
204,055
68,217
9,601
67.398
68,217
9,601
67,398
204.055
145,216
145,218
Expondlturo on charltable actlvltl•¥ by adlvlty ty
A¢tivilie$
undertaken Governance Total funds
direcuy
2023
Total fvnd
2022
D1￿cl charitsble activities
Support costs
Governance costs
116,311
79,869
116,311
79,869
7,875
204,055
68.217
67.398
9.601
7,875
7,875
196,180
145.216
N•t {expendltur•Vln¢omo
Net {expenditureyln￿rnQ Is staled after ¢harginpJlcrediting):
2023
2022
0eprecl8tion of tsngible fixed assets
6,125
7,261
Indopondent examlnatlon fo08
2023
2022
Fees payable to the Independent examiner for.
Independent examination of the financial statements
Other financial services
1.750
1,750
1.750
1,750
10. Stsff costs and emoluments
The lotal staff costs and employee beneffts for the reporting period are anatysed as follows..
2023
2022
The average head count of employees during the year was Nil {2022= Nill.
No employee received empbyee Èenefils of mre than £60.1)JO during the year12022.' Nill.

Page 11
Global Church of Grace Ministries Charitable Trust
Notes to the Detailed Statement of Financial Activlties
Year ended 31st March 2023
11. Tanglble flxed a8uts
Mu61¢al Flxture8 &
Equlpmont
flttlng$
Motor
Vehlcle$
Total
Cost
At 1st April 2022
Additions
27,609
2,548
12,567
2,814
10.400
50,576
5,362
At 318t March 2023
30.157
15.381
10.400
55,938
D•prnclatlon
Al 1st April 2022
Charge for the year
At 3181 March 2022
17.395
3,619
8.019
2,503
10,400
36,814
6,122
21.014
10,522
10.400
41,936
Carrylng amount
At 31st Ma￿h 2023
9,143
4,859
14,002
Al 31 st March 2022
10.214
4.548
14,762
12. Credltorn: amounts falllng due wlthln one yoar
2023
2022
A¢¢wals and deferred income
Othèr creditors
1,980
9,977
11,957
1,980
17,977
19,957
Net as•ets
13. A Traty818 of eI￿rItable fund8
Unrestrlcted lund8
Al
31st March
2023
At 1st April
2022
Income Expendrture
General funds
219.381
256.002
(204,0551
271,328
At
31st March
2022
At 1st March
2021
Income Expendrture
General funds
202,830
161,767
1145.216)
219,381

Page 12
Global Church of Grace Ministries Charitable Trust
Notss to the Detailed Statement of Financlal Actlvltles
Year ended 31st March 2023
Analy816 of not asset8 b•two•n funds
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current Assets
Creditors less than 1 year
Net assets
14,002
269,281
111,9571
271.326
14,002
269,281
(11,9571
271,326
Unrestricted Totsl Fund8
Funds
2022
Tanglble fixed assets
Current Assets
Creditors less than 1 year
Not a8set8
14,762
224,574
{19,957)
219,379
14,762
224,574
119,9571
219,379