2021-04-05-accounts

			SORP reference	SORP reference
Summary	ofthe purposes of				The principal object ofthe charity is the
the charity governing	as set out in document	its			advancement ofthe Christian faith according to Baptist principles and in accordance with the Basis of Faith. The charity may also carry out
					other charitable purposes in the United
					Kin dern and/or other arts ofthe world.
Summary ofthe main activities in relation to those			Pare 1.19	1.17and	The Church conducts regular Sunday services of public worship, occasional special services,
purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.					outreach activities to the community, prayer meetings, youth meetings. Activities are conducted under the direction ofthe church leadership and in accordance with the Constitution snd the Rules and Regulations. The church also conducts extensive
					consultations and discussions on building
					improvements, with a view to commencing	a
					pectin the next ear.
Statement	confirming		Para	1.18	When planning its activities for the year, the
whether the trustees have					church members, leaders and trustees have
had regard to the guidance issued by the Charity Commission on public benefit					considered the Commission's guidance on public benefit and, in particular, the specie guidance on charities for the advancement religion.	of
dditional	information	(optional)
ou ma choose to include further statements					where relevant about:
				SORP
				reference
					nil report
				Pare 1.38
Policy on	grant making
					nil report
				Para 1.38
Policy on	social investment
including	program related
investment

					The work ofthe charity is significantly enabled
Contribution		made by volunteers		Para 1.3B	by the voluntary work ofchurch members and adherents.
					nil report
Other
Achievem	e	nts	and Performance
				SORP reference
					During the course ofthe year, Grace Baptist
					Church Portsmouth has:
Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances ofits beneficiaries and any wider				Para 120	1. Provided two public services of Christian worship every Sunday ofthe year. 2. Provided a weekly prayer meeting and Bible Study. 3. Held ad hoc meetings for mission support. 4. Initiated and sustained a weekly prayer
benefits to	society as a				meeting for the persecuted and suffering
whole.					church worldwide.
					5. Advanced the Christian faith by
					preaching at public services and by the
					Pastor's one-to-one studies for those
					approaching baptism or considering Christian
					commitment.
					6. Nurtured believers in Christian conduct,
					conversation and character at periodic
					meetings.
					7. Supported Christian evangelical
					missionary work at home and abroad by
					financial donations and prayer.
					8. Provided a weekly young peopte's
					meeting online during term time for the local
					community.
					9. Managed on-site and online meetings
					compliant with the Government's Covid rules
					and guidance, ensured safety ofafi, utilised a
					communications strategy, collducted regular
					risk assessments and published the plan on the
					website.
					10. The Church has also improved its
					online broadcast capabilities.
					11. Maintained the premises ofthe church
					in proper and fit condition, and continued with
					detailed consultations within the church on a
					0'ect of im rovements and renovations.

Financial Review	Financial Review	Financial Review
Review ofthe charity's					Para 1.21	Af10Klegacy explains the rough in-year
financial position at		the	end			income over expenditure figure. The church
ofthe period						continues to operate without drawing down from savings. The cash funds canied forward
						this year are roughly the same as the previous year, as the f1OK surplus ofincome over
						ex iture was invested in CCLA fund.
Statement	explaining	the			Para 1.22	The Church aims to maintain a reserve of12
policy for holding reserves stating why they are held						months' total expenditure judged by an average annual I/E statement. Reserves are to enable the Church to operate from a position of
						resilience where over 80%ofthe expenditure		is
						committed to pastoral stipend and missionary
						giving, and to allow for fluctuations in gifts and
						offerings, as well as contingencies connected		to
						buildin mana ament and maintenance.
Amount of	reserves	held			Para 1.22	The church holds approx. F110,000 in reserves,
						because there is a planned building project	to
						deliver without takin loans.
Reasons for holding		zero			Para 1.22	n/a
reserves
Details offund materially				in	Pars 1.24	n/a
deficit
Explanation	ofany				Para L23
uncertainties about		the
charity continuing as a going
concern
Additional	Information		(optional)
You ma choose to include				further statements		where relevant about
						Tithes and offerings from members and
						adherents, and Gift Aid.
The charity's principal
sources of	funds (including				Para L47
any fundraising)
						Funds are invested on behalf ofthe church	by
						Christian charities / companies competent to do
Investment ob'ectives	policy and includin an				Pars 1.46	So.

social investment policy	social investment policy
adopted
				nil report
A description	ofthe principal		Para 1.46
risks facing	the charity
				nil report
Other
Structure,	Governance		and Management
Description	ofcharity's
trusts:
Type of governing document			Pars 1.25	Constitution,	supported		by Rules and
				Regulations
How is the charity			Pare 1.25	Unincorporated		Association
constituted?
Trustee selection methods			Para 1.25	Trustees are	selected by members			at the AGM
including details ofany constitutional provisions		e.g.		under a process and Regulations.		set out in the church Rules
election to post or name		of
any person	or body entitled
to appoint one or more
trustees
Additional information		(optional)
You ma choose to include further statements				where relevant about:
				nil report
Policies and adopted for	procedures the induction		Pere 1.51
and training	oftrustees
				nil report
The charity's organisational structure and any wider			Pars 1.51
network with which the
charity works
				nil report
Relationship	with any related		Pars 1.51
parties
				nil report
Other

I CHARITY COMMISSION ' FOR ENGLAND ANO WALES	I CHARITY COMMISSION ' FOR ENGLAND ANO WALES	I CHARITY COMMISSION ' FOR ENGLAND ANO WALES	I CHARITY COMMISSION ' FOR ENGLAND ANO WALES	I CHARITY COMMISSION ' FOR ENGLAND ANO WALES	I CHARITY COMMISSION ' FOR ENGLAND ANO WALES		Grace Ba tist	Grace Ba tist	Grace Ba tist	Church Portsmouth	Church Portsmouth	Church Portsmouth		1173661	1173661
								Receipts and			payments		accounts			CC~sa
							For the period from			06-	To r-20			05-Apr-21
~				~		~	~
							Unrestricted funds			Restricted funds		Endowment funds		Total	funds	Last year
							to	the nearest E		to the nearest	E	to the nearest E		to the nearest t.		to the nearestE
A1 Receipts
Offenngs & Donations									41,365						41,385	71,655
Brought Forward									127,996						127,996
Gift Aid refund									7,059						7,059
Invesfemenf Income									741						741
Legacy									10,000						10,000
Other Income									6,074						6,074
Sub total	(Gross		income for AR)						193,255						193,255	71,655
A2 Asset and	investment			sales
(see table).
			Sub		total
		Total		receipts				193,255				-		-	193,255	71,655
A3 Payments
Pastoral costs									38,890						38,890	54,853
Overseas Missions									7,075						7,075
Utilities									987						987
Other operational	costs								8,319						8,319
			Sub		total				55,271						55,271	54,883
A4 Asset and	investment
purchases, (see table)
			Sub		total				10,000
	Total payme/its								65,271			-		-	65,271	54,883
Net ofreceiptsf(paymentsj									127,984						127,984	16,772
A5 Transfers	between		funds
A6 Cash funds last year				end
Cash funds		this	year		end				127,984						127,984	16,772

						~	~	~		~ ~	~ ~ ~
										Unrestricted	Restricted	Endowment
										funds	funds	funds
										to nearest 6	to nearest 6	to nearest 6
B1Cash funds				HSBC account
				Grace Baptist	Cahties Ltd					59,541
						Total		cash	funds	127,985
				(agree haishces		with receipts shd psymshts
									sccouht(s))
										Unrestricted	Restricted	Endowment
										funds	funds	funds
				Details						to nearest 6	to hsa rest r.	to nearest 6
B2Other monetary		assets
				Details						Fund to which asset balan s	Cost (optiooal)	Current value o tional
B3Investment	assets			CCLA (CO/F) Accumulation				Fund				37,648
										Fund to which asset balan s	Cast (optional)	Current value o tional
B4Assets retained		for	the		I I	41 Ill		&cofrrsb
charity's own use
										Fund to which	Amount dus	When dua
				Do(elis						liabili relates	o tiohal	o tiooal
B5Liabilities
Signed by one or two trustees behalf of all the trustees			on		Signature					Print	Name	Date of 8 royal