REGISTERED COMPANY NUMBER: CEI)09870 (England and Wales)
CHARtrY REGISTRATION NUMBER: 1172477
Global Church of Grace Ministries
Unaudited Financial Statements
31st March 2024
Woodridge Accountancy Limited
Chartered Certified Accountants
18 Woodridge Avenue
Quinton
Bimiingham
B32 1RE

Global Church of Grace Ministrles Charitable Trust
Financial SL*ements
Year ended 31st March 2024
Pages
Trustees, annual rep)rt
1to3
Independent examinerfs retM)rt to the trustees
Statement of financial activities
Statemenl of financial position
Notes to the financial ststements
7t012

Pagè 1
Global Church of Grace Ministries Charitable Trust
Trustees. Annual Report
Year ended 31st March 2024
The tTUStees present their report aTrJ the unaLbdited fina￿181 ststements ofthe charity for the year ended
31st March 2024.
A¢hlevements and pgrfornian
Objecb'ves and Aims
The objects of the charity for the publie benefit are to advance the Christian faith.
S4qnificxnl actNibes
Exiensive prayers and refreshing acknvibes am aim*J atachieving the of the Gh)bal Church
of Grace Ministries
An annual COnventh￿ with attendance of m(xe than 400 membets of th& church and those
outside the church
Youth conference in Telford g8ared M the topKs of career d6velopment, voluntsry work,
university Choices elc
Annual women's conference held in London for both women ￿ the ministy and the I￿al
community on the subject of parenting. career and finances
Musical o)ncert organised across the branches for members and peopl8 of the community
Eslablishmenl of a national mass Choir
Increased contribution towards other charitatrAe activrties in Ihe ttfflmunity leg food bank,
donations to charit￿$ etc)
Increased outreach wofk which led lo continued increase in regular attendanee at our various
branches both during mhj week and Sunday service5 and for other speeh41 pr￿raMMe$
Flnanclal rovl•w
FlnaTrclal posltlon
The results for the year, arKI the fina￿la1 p0s￿On at the end of the year. aro shtr•vn in the attathed
financial ststements.
Res&Nos pollcy
The charity's reserve aims to secure three to six months of Tunning costs wilhin Ihe general frea
reserves to ensure onwing sustainabilty. The currenl level of free reserves mèet this objective at this
int
Future plans
l the Signif￿nI actwilies mentirMed earlier are due trj te carried c*rt each arKI every year
The process of purchasing a church bulding is onwing with increased focus on a wide fange of
fundraising activities
To those who need assistance the church bus will continue to Cc￿veY members of the congregation and
mn-members lolfrom various destinations to the Church across the various branches
Structure. gov&mance and manag•m•nt
Govornlng document
The charity 15 controled by its goveming dooJmenL a deed of trust and constitutes a charitsble
incofporaled organisaliM under the Charities Act 2011
Charlty constltutlon
The charity is controled but its charity constilulion dated 7 Apnl 2017

Page 2
Global Church of Grace Minlstries Charitable Trust
Trustees. Annual Report {¢oftknwd)
Year ended 31st March 2024
R•cruitment and appointm*nt of trusloes
New tnjstees ofthe charity shall be the Spiritual Leadersfrom to time. No person Shall be admitted
as a truslee ofthe charity u￿eSS he ￿ she subwbes to the Statement of Beliets.
There must be at least 3 charity trustees holding off￿e and there is no maximum number of trustees
that may be app)inte(l.
Induction and tr•lnlng ol now truste•$
The charity truslees will makg av8ilatAe to each charity trustee, ￿ or bafore his or her first
appointment
A copy of Ihe current vers￿￿ of the cort51ttution
A copy of the charity's latest Truslges. annual reKK*l and statemont of accounts.
The charity trustees shall ml be sut4'ectto ￿tirernent by rotstion. The tems ofoffice of a charity trustee
shall continue until he CK she retires or is removed in accordance with the relevant provisions of the
articles.
Any p8rson who retires as a Ca￿￿ty trustee ty giving notice to the charity is elvJiile reapwjinlment.

Page 3
Global Church of Grace Mlnistries Charitable Trust
Trustees. Annual Report (¢t7nUnwdJ
Year ended 31st March 2024
Referenc• and admlnlstrative d•tai
Roglstered charlty name
Global Church of Grace Ministries charitab￿ Trust
Company registration number CE(K)9870 (England and Wales}
Charlty rngi5tratlon number
11724n
Principal offic•
Unrt D3
Hortonwood 10
Telfofd
Wesl MKJlants
TF1 7ES
The trust¢•s
D ofori- Adj
A Coleman
S Kye￿Ba8four
Company sKr•tsry
D Ofori- A￿'e1
Ind•pond•nt •xamln¢r
Ms C Petefs FCCA. of
Woodridge Aco)untancy Limited
Chartered Certffied Accwntants
18 Wryxlndge Aventje
Quinton
Birmingham
B32 1RE

Page 4
Global Church of Grace Minlstrfes Charitable Trust
Independent Examinerfs Report to the Trustees of Global Church of Grace
Ministries Charltable Trust
Year ended 31 st March 2024
report to the trustees on my examtnalion of the financial stslements of &obal ChurL* of Grace
Ministries charitab￿ Trust ('the chariv) for the year ended 31st March 2024.
Responsibilities and basls of report
As the Iruslees of the charity you are reSWnsi￿e for the preparation of the financial statements in
accordance with the require￿nts of Ihe Chanties Act 2011 Ilhe A¢t'l.
I re￿rt in resF*rt of my examination ol the Chari￿s finarrial ststements carried ¢yJt under section 145
ol the 2011 Act and in carrying out my examination I have folbwed all the ap￿*¢able Direcliorss given
by th& Charity CommisS￿n under sect¥)n 145(5Mb) of the Act
Indopend•nt examlnerfs sL*ement
I have com ￿eted my examination. I confirm that no malerbal matters have come to my attention in
connection with the examinati￿ gFving me cause lo belI￿e Ihat in any material respect..
accounting rec(Kds were not kept in respect of the charty as required by section 130 of the
Act: or
the financial slalements do Th)t xcord with those records; or
the financial ststements do r￿1 ccrfnpty wth the applicable requirements concemlng the forni
and content of accounts set out in the Charibes {Accounts and Reports) Regulations 2008
other trban any requirement that the accounts 9ive a and faif view whth 15 nol a matter
considered as part of an independent examinalicffl.
I have no concem5 and have come acxoss rn other matters in connection wth the examlnation to which
attentson should be drawn in this ￿p(￿l in order to enat4e a Kwr understanding of the accounts lo be
reache(l.
Ms C Peters FCCA.
Independent Examiner
WoodrKlgè Accountancy Limited
Chartered Certtfied Accountants
18 Woodridge Avenue
Quinton
Bimiingham
a2 IRE

Pag• S
Global Church of Grace Mlnistries Charitable Trust
Statement of Financial Activities
Year ended 31st March 2024
2024
Unrestricted
fvrKls Tolal funds Total funds
2023
Income and endowments
Donations and legaues
Other Irading activities
Investment income
289.810
234.306
234,306
20,971
725
3,163
3.163
Total ￿n￿me
292.973
292.973
256,002
Exp•ndbture
Expenditure on charitable ￿tiVItIeS..
Direct charitsble exr￿se$
Govemance costs
Support costs
Total •xpendlture
128.483
9,111
91.963
128.483
9.111
91.963
116,311
7,875
79.869
229,557
229,557
204,055
Ng1 income and ngt mov•mont In fvnds
63.416
63.416
51.947
Roconclllatlon of funds
Totsl fvnds brought fonvard
Totsl fundi carrl•d forward
271.328
271,328
219,381
334,744
334.744
271,328
The statement of finanaal adiwties inchxles all gains and kJss8s recugnised in the year.
l income and expenditure derive from continuifig activths.
Th• oots• on pag•s 7 to 11 frym port ofthege finandal statem•nts.

Page 6
Global Church of Grace Ministries Charitable Trust
Statement of Financial Posltion
31st March 2024
2024
2023
Flxed assets
Tangible fixed assets
11
15.719
14.002
Current assets
Cash al bank and in hand
321,004
269.281
Cr•dltors: amounts falllTrg due wlthln one ￿•r
N•t curr•nt ass•ts
12
11.980}
{11,9S71
257,324
319.024
Total assetsloss current Ilabllltles
334,743
271.326
Net assots
334,743
271,326
Funds of the charlty
Unrestricted fvnds
334.743
271.326
Total charlty funds
14
334.743
271.326
These financial statements were approved by the board of tnjsteeg and authorised ts issue on 28th
November 2024, and are signed on behalf of the tKJard by..
Mr D Olori-Adjei
Trustee
Th• not•s on pa9￿ 7 10 11 fomi part of Ilws• Iln•nclal stst•monts.

Pa9e 7
Global Church of Grace Ministries Charitable Trust
Notes to the Financial Statements
Year ended 31 st March 2024
Genoral Irrfonnatlon
The Charity is an incorporated charity regislered in EnglaNI and Wales. The address of tho
charity's registered office is Unit D3, HortOnw￿l 10, Telf(Kd. TF1 7ES
SLit•mert ol complian
These financial statements have bgen prepared in comF4iance with FRS 102. The Financial
Reporting Standard applicab￿ in the UK and the Reput4ie of Ireland.. the Statement of
Recommended PractKe appI￿a￿e lo thaiities preparing their accounts in accordance wrth the
Financial ReFrf)rting Stsndard appliCa￿e in the UK and RepU￿1C of Irdand IFRS 1021 (Charities
SORP IFRS 102)) and the Charities Act 2011.
A¢Gountlng poll¢les
Basis of preparatlon
The finawal statements have been wepared on the historlcel cost basis. as modified by the
revaluation of certain financlal assets and liablities measured at far value thrI￿gh income or
expendrture.
The financral 5t2tements are Prepar￿ in slerfing. which is Ihe fvndional currerry of the entity.
Golng con¢ern
There are no material uncertainties at¥)ut the chariVs ability to fJ)ntinue.
Dlsclo$ur• •x•mptions
The trustees have tsken &Jvantsg8 of the exemption in FRS 102 from induding a cash Ilow
statement in the financial statements on the grounds that the trust is a small entity.
Judgoments and key sour￿8 of •stlmatlon unwtalnty
The preparation of the financial slatements requires man8gement to make judgements. estimates
and assumptions that affect the amounts reported. These estimales and judgements are
continually reviewed and are based on experience and other factors, induding ex￿lat￿MS of
ftjture events that are believed to be rea$￿able under the circumstances.
Fund a¢¢ounting
General frJnds are unrestricted funds whth are avalable for use at the discretion of the Truste88
in fijrtherance ofthe general objectwes ofthe charrty and whth have not been designated for other
rposes.

Page 8
Global Church of Grace Ministries Charitsble Trust
Notes to the Financial Statements (Cl￿1￿{￿0)
Year ended 31st March 2024
Accountlng pollcles {conllnwQ
In¢omlng r¢sourc•s
l income is incl￿ed in the statement of financial activities when entiuernent has passed to th8
charity. it is probable that the e¢onomK benefits assooated wth the transaction wll flow to the
charity and the anM)unt i*n be reliably measured. The folkMI"rg Speci￿ policies are applied lo
particular categories of incimne:
- income from donations is recognised when there is eVIde￿e of entillement to the gift. receipl is
probable and its amount can be measured reliably.
- legacy income is recc¥Jnised recept is probable and entillement is estsblished.
- income from contracts for the supply of seNices is recogniwj with Ihe delNery of the contracted
service. This is dassified as unrestrthd funds un5es5 there is a c￿tractUal requirement for it lo
be Spent a porticular 5>urp)se and retumed rf ur6penL in which case it may b8 rogarded as
restri¢t9d.
Resources ex￿nded
Expenditure is rectsJnised on an accruals basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be fully recover￿1. and is dass[r￿d under headings of the stslemenl offinancial
activittes lo whith it relates..
- expendtture on raising fiJnd5 indudes the costs of all fuThJrai5ing activ￿"es, events. r￿￿charl￿￿e
trading aclNities, and the sale of donabj 9￿￿s.
- ex￿ndItUre on charitable actiwties iT￿ludeS all costs incurred by a charity in undertaking activities
that further its charrtable aims for the benefit of its beneffioaries, induding those support costs and
costs relating to the governance of the Charty apporti￿ed lo charitable acbvilies.
- other experKliture irKaudes dl expendilure that is neither related to ralslng funds for Ihe charity
r￿r part of its oxpendibjre on charrtable actiwbes.
AJI costs are althaled to exFxnditure categories refiectÉng the use of the resr)urce. Direct costs
attributsble to 8 single acDvity are allocated directy to thal actiwty. Shared costs are apportirmed
bets¥een the actmties they contn.bule to on a reasonable, justifiable and u)nsistenl b8SiS.
Tangible assets
Tangible assets are iniknally recor￿ atcost, and subsequenlly ststed al cost less any accumulated
depreciatson and impaimient losses. Any Lingl￿e assets carried al revalued amounts are recorded
al the fair value at the date of revalua.on less any subwuenl acoJmulated depreUaI￿n and
subsequent aceumu18ted impain)ent losses.
Deprecthtlon
Depreciation is cakulated so as to write off the cost c* valuation of an asset, less its residual value.
over the useful economic lrfe of that asset as fc41ows:
Musical equipment
Fixture5 and fitting5
Motor vehicles
20% straight line
25% straight line
25% straight line

Pa￿9
Global Church of Grace Ministries Charitable Trust
Notes to the Financial Statements (wlinu•dl
Year ended 31st March 2024
Accountlng policios (¢onknMdJ
Impalmi•nt of Ilx•d assets
A review for indicators of impairrnent 15 carried out at each rewjrting date, wtth the recoverable
amount beirtsJ estimated where such indicators exisL Where the Car￿n9 value exceeds the
recovera1￿8 amount, the asset is impaired accordThJly. Prior impaimients are also ￿VieWelY for
powble revers81 at e¥h repJrtiThJ date.
For the purposes of impairment t&stin9, when rt i8 not possible to estimate thg recoverable amount
of an indrvidual assel. an estimate is made of the re￿Vera￿e amount of the ¢asWenerating unit
lo wh￿h the asset beh)ngs. The casfwnerating unit is the smallest identffiable group of assets
that includes the asset and generates cash inllows that largely independent of the cash infiows
from other assets or groups of assets.
For impairrnent testing of gcrfyJwiFI. th8 8cquirwJ in a busI￿$S combination 15. from the
acquisition date. alIC￿ated lo each of the Ca$￿eneratI179 units thal are expected to ￿nefIt from
the synergies of Ihe combinatson, Irre$￿t￿e of whe￿r other assets or1￿bilIt￿S of the chafity
are assoned to those units.
Donations and 10gXi•S
unrestrict￿ Totsl Funds unreskn.cted Totsl Funds
FurKIs
2024
Funds
2023
Donations
Donations, lithes and offeriTh
289.810
289.810
234.
234.306
Investment Incom•
ur￿stn"¢ted Total Funds Unrestrided Totsl Funds
Funts
2024
Funds
2023
Bank irbteresl receivat48
3,163
3.163
725
725

Pagè 10
Global Church of Grace Ministries Charitable Trust
Notes to the Detailed Statement of Financial Activities
Year ended 31 st March 2024
Exp•ndltur• on charttablo actlvltios by fund typ•
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Direcl charitsble acbwties
Governance Costs
Support costs
128,483
9.111
91.963
128.483
9,111
91.963
116.311
7.875
79,869
116.311
7.87S
79,869
229.557
229.557
204.055
204,055
Expenditure on Charltable actlvltles by a¢¢lvlty type
Activities
undertaken Governance Total funds
direclly
costs
2024
Totsl fund
2023
Direct charitable octNities
Support costs
Govemance costs
128,483
91,963
128.483
91.963
9.111
116.311
79,869
7,875
9.111
220.446
9,111
229,557
204.055
Net lexpondllurgvlncom
Net {expenditureYin¢ome is stated after chargIrW(￿aditlng).
2024
2023
Depreciation of tangible fixed assets
7,361
6,125
Ind•pend•nt •xamlnatlon le••
2024
2023
Fees payabte to the indep8nd8nt examiner fcr.
Independent examination of Iho financtal statements
Other financial ser¥ic8S
1.750
1,750
1.750
1.750
10. Staff costs and •molum•nts
The totsl staff costs and employee bèneffts for th9 repxbng perh)d are analysad as fc4lows'.
2024
2023
The average head ccKJnl of ernthees ￿ring the year wa5 Nil {2023.. Nrf).
No employee rKeiv&J employee benefits of nM)re than £60.CW dufiThJ the year {2023.' Nil).

Page 11
Global Church of Grace Ministries Charitable Trust
Notes to the Detailed Ststement of Financial Activities
Year ended 31st Ma￿h 2024
11. Tanglble flxèd assets
Musical Fixturns &
Equipment
fittings
Motor
Vehicles
Total
Cost
Al 1 sl April 2023
Additions
30.157
15.381
2.140
10,41
$5,938
9.078
At 31st March 2024
37.095
17.521
10.4Tr]
65.016
Deprgclatlon
At 1st April 2023
Charge for the year
21.014
4.719
10.522
2.642
10.400
41.936
7.361
At 31st PAarch 2024
25.733
13.164
10.400
49,297
Carrying amotsnt
At 31st March 2024
11.362
4.357
15,719
Al 31st Marth 2023
9.143
4.859
14,002
12. Credllofs: amounts falllng due wlthln one year
2024
2023
ACcrU￿S and deferred income
Other creditors
1,980
9,977
Not •ss•ts
1,980
11,957
13. Anatysls of CharItal￿ funds
Unrnstrlcted funds
At
31st March
2024
At 1st Apn'l
2023
IrKome Expenditure
General fvnds
271.328
292,973
1229.557
334,744
Al
31st March
2023
At 1st March
2022
Income Expenditure
Ggnerd ftjnds
219,381
256,￿2
{204.055}
271,328

Pag• 12
Global Church of Grace Minlstries Charitable Trust
Notes to Ihe Detalled Statement of Financial Actlvltles
Year ended 31st March 2024
1& Analysis of n•t assots b•tW•on fund$
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current Assets
Creditors less than l year
Nat assets
15,719
321.004
{1,9801
334.743
15,719
321,004
11.9801
334.743
Unrestricled Total Funds
Funds
2023
Tangible fixed assets
Current Assets
Credttors less than 1 year
Net ass•t*
14.002
269.281
{11,9571
271.326
14,002
269,281
111.957)
271.326