## ## ## ## |Objectiv|es and Activiti|es|es|| |---|---|---|---|---| |||SORP rafaranca||| |Summary|ofthe purposes of|||The pdncipal object ofthe charity is the| |the charity as set out in its||||advancement
ofthe Christian
faith according to| |governing|document|||Baptist principles
and in accordance
with the
Basis ofFaith. The charity may also carry out| |||||other charitable
purposes
in the United| |||||KIn dom snd/or other
arts ofthe world.| |Summary
activities|ofthe main
in relation to those|Para
1.1e|1 17and|The Church conducts regular Sunday services
ofpubic 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,
youlh meetings.
Activities are
conducted
under the direction ofthe church
leadership
and in accordance
with the
Constitution
and the Rules and Regulations.| |Statement|confirming|Para|1.1a|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 end. In particular,
the specie
guidance
on chsrldes for lhe advancement
of
religion.| |dditional|information
(optional)|||| |ou ma
choose to include further statements||||where relevant about:| ||||SORP|| ||||fa/alanna|| |||||nil report| ||||Para 1.38|| |Policy on|grant making|||| |||||nil report| ||||Para 1.38|| |Policy on|social investment|||| |including|program
related|||| |investment||||| |||||The work ofthe charity is signNcantly
enabled| |Contribution
made by volunteers|||Para 1.38|by the voluntary
work ofchurch members
and
adherents.| ## ||||||nil report| |---|---|---|---|---|---| |Other|||||| |chieve|men|ts|and Performance||| |||||SORP relerence|| ||||||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
of its
beneficiaries
and any wtder||||Para 1ac|1.
Provided
two pubfic services of
Christian
worship every Sunday ofthe year.
2.
Provided a weekly prayer meefing and
Bible Study.
3.
Held ad hoc meetings
for mission
support.
4.
Initiated and sustained aweekly prayer| |benefits to society as a|||||meeting for Ihe persecuted
and suffering| |whole.|||||church worldwide.| ||||||5.
Advanced
the Christian
faith by| ||||||preaching
at public services and by the| ||||||Pastor's one-to~a studies for those| ||||||approaching
baptism orconsidering
Christian| ||||||commitment.| ||||||6.
Nurtured
believers
in Chrlsfian
conduct,| ||||||conversation
and character at periodic| ||||||meetings.
7.
Supported
Christian
evangelical| ||||||missionary
work at home and abroad by| ||||||finandal
donations
and prayer.| ||||||8.
Managed
on-site and online meetings| ||||||compliant
with the Government's
Covid rules| ||||||and guidance,
ensured
safety ofafi, utilised a| ||||||communications
strategy,
conducted
regular| ||||||risk assessments
end published
the plan on the| ||||||website.| ||||||9.
Maintained
the premises ofthe church| ||||||in proper and fit condition,
end continued
with| ||||||detailed
consultations
within the church on e| ||||||project of improvements
end renovations.| ||||||10.
Structured
youth ministry
has been| ||||||placed in abeyance
pending a strategy
review.| ||||||11.
Website, broadcasting
online and| ||||||digital piano improvements
have enhanced| ||||||church minis| ## ## |ou ma
choos|e to Include|further statements
wher|e relevant aboul|:| |---|---|---|---|---| |||||nfi report| |Achievements|against objectives set||Para 1.41|| |||||nil report| |Performance
objectives set|offundraising|activities against|Para 1.41|| ## |Financial
Review|Financial
Review|Financial
Review|Financial
Review|Financial
Review|Financial
Review||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Review ofthe charity's|||||||||Para 1.21|A 633Klegacy explains the rough in-year|| |financial
position at
ofthe period|||||the||end|||increase
in income compared
to the previous
FY. Leaving toone side legacy income
and
non-expense
outgoings
such as newly invested|| |||||||||||monies, the church's
income over expenditure|| |||||||||||is a litUe under ESK.Indude legacy income and|| |||||||||||nonwxpense
outgoings
the I/E picture is|| |||||||||||approx. K93K/KT/K.
This isa sound position|| |||||||||||fora small church, using its income well against|| |||||||||||aU necessary expenses
and commitments.
The|| |||||||||||church remains a small financial operation
and|| |||||||||||its healthy reserves shield
it from potenusl|| |||||||||||declines
in income.|| |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'ya 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
ement and maintenance.|| |Amount|of|reserves|||held||||Para 1.22|The church holds approx. E144,000 in reserves,|| |||||||||||because there is a planned
building
project to|| |||||||||||deliver without
laking loans.
Whilst currently|in| |||||||||||abeyance
pending a strategic review ofchurch|| |||||||||||operations,
the building
project remains a|| |||||||||||rlori
concern.|| |Reasons|for||holding||zero||||Para 122||| |reserves|||||||||||| |Details of fund materially||||||||in|Para 1.24||| |deficit|||||||||||| |Explanation|||ofany||||||Para 123|n/a|| |uncertainties|||about||the||||||| |charity continuing||||as||a going|||||| |concern|||||||||||| |Additional||information|||||(optional)||||| |You ma|choose to|||include||||furth|er statements|where relevant about|| |||||||||||Tithes and offerings from members
and|| |||||||||||adherenls,
and Gilt Aid.|| |The charity's
principal
sources offunds (including|||||||||Pars 1.47||| |any fundraising)|||||||||||| |||||||||||Funds are invested
on behalf ofthe church by|| |||||||||||ChrisUan
charilies
/ companies
competent
to|do| |||||||||||So.|| |Investment|policy and|policy and|policy and|Para 1.46|| |---|---|---|---|---|---| |objectWes|including||any||| |social investment
policy|||||| |adopted|||||| ||||||nil report| |A description||ofthe|principal|Para 1.46|| |risks facing||the charity|||| ||||||nil report| |Other|||||| ## |tructure, Governance|and Man|agement||||| |---|---|---|---|---|---|---| |Description ofcharity's||||||| |trusts:||||||| |Type of governing
document|Para 1.25|Constitution,
Regulations|supported||by Rules and|| |How is the charity||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||||||| |||||nil report| |---|---|---|---|---| |Policies
adopted|and procedures
for the induction||Para 1.51|| |and training oftrustees||||| |||||nil report| |The charity's
structure
and||organisational
any wider|Para 1.51|| |network|with|which the||| |charity works||||| |||||nil report| |Relationship||with any related|Para 151|| |parties||||| |||||nil report| |Other||||| ## ## ## ## |||||~|~|~||||~
~||~|~ ~|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Unrestricted|||Restncted||Endowment| ||||Details|||||||funds|||funds|funds| ||||||||||to|nearest 6||to|nearest 6|to nearest 6| |B1Cash funds|||HSBC Bank|Account||||||83,987||||| ||||Graoc Baptist Charities|||||||60,208||||| |||||Total||cash||funds||||||| ||||(eoree balcccm wdh recaplv||||acd permerdd|||||||| |||||||||scccum(s))|'grcomqni, Eno'||CK|||'D)f| ||||||||||Unrestricted||Restricted|||Endowment| |||||||||||funds|||funds|funds| ||||Details||||||to|nearest 6|to||nearest 6|to naareat 6| |B2Other monetary assets||||||||||||||| |B3Investment|assets||Details
COLA (COIF) Growth||fund||||Fund to which
asset below
4
43,983||Cost (optional)|||Current value
0 iional| ||||Saraaip Growth shares|||||||19,488||||| |B4Assets retained for||the|Details||||||Fund to which
asset beloo 4||Cost||(optional)|Current value
0
iooal| |charity's
own use||||||||||||||| |BSLiabilities|||Details .||||||Fund
liabili|io which
relates|Amount due
o tlohal|||When due
o
ooal| |Signed by one or hvo trustees
behalf of all the lruateea||on||Signature||||||Print|Name|||Date of| |||||||||||||||a
roval| |CCXX R2 accounts (SS)|||||||2|||||||01/06/2022| ## ##