Trustees. Annual Report for the period Period start date Period end dale From 2023 To 2024 Section A Reference and administration details Charity name Grace Baptist Church Portsmouth Other names charity is known by GBCP Registered charity number (if any) 1173661 Charity's principal address'46 Copnor Road Portsmouth I Postcode ' P03 SAH Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Office lif any) Name of person lor bodyl entitled toa oint trustee ifan EPT Richards Pastor and Elder Trustees are appointed by a meeting of the members of the charity, JR Goodspeed Jeet Bong Lui A Gribbin Treasurer & Deacon Deacon Deacon 10 13 14 16 17 18 19 20 Names of the trustees for the charity, if any, (."or example, any custodian trustees) Name Dates acted Pi not for whole None ear TAR March 2012
Names and addresses of advisers (Optional in',OTmation) e of adviser Name Address None Name of chief executive or names of senior staff members (Optional infomiation) Section B Structure, overnance and mana ement Description of the charity's trusts Rules and Regulations of Grace Baptist Church Portsmouth Type of governing document How the charity is constituted The church is governed as a Charitable Trust Trustee selection methods Deacons are appointed in ciccordance with the Constitution (Rules & regulations) at meetings of the members of the church. Additional governance issues (Optional information) The church is led by Elders who have spiritual oversight of the church and Deacons responsible tor the day-t¢>day management and organisation of the church's programme You may choose to include additional information, where relevant, about.. policies and procedures adopted for the induction and training of trustees., the charity's organisational structure and any wider network with which the charity works., The Church maintains contact with like minded churches and is advised from time to time by the Association of Grace Baptist Churches and Grace Baptist Charrties Ltd. The Church considers risks at regular Leaders Meetings and Members meetings and regularly updates Risk assessments relationship with any related parties., Irustees, consideration of major risks and the system and procedures to manage them. Section C Ob"ectives and activities The Church is constituted to worship God, proclaim the gospel, expound God's word, nurture believers in the faith, defend the faf(h, promote I fellowship within the congregation. organise works of witness and service Summary of the objects of the I charity set out in its lo be carried odt by members of the congregation and support church governing document planting and oth-r missionary endeavours at home and overseas. TAR March 2012
The church condL,rfs rryular Sunday Services of public worship, occasional special :',erviceJ, 0utrf.ach activities to the community, prayer and other meetings. All activities are conducted urider the direction of the Members, business meetings and leadership aiid in accordan with the Rules and Regulations. The Church members and leaders have taken due notice of guidance issued by the Charrty Commission on public benefit Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) Additional details of objectives and activities (Optiunal informa4ion) Grant making. The churci donates 10 % of its income to Missionary endeavour at hoTne and 0erSeaS and also from time to time donates to other charities e.g. The Disaster Emergency Fund. Volunteers. contribution. Ihe church's funds derive primarily from voluntary donations by members of the congregation. Details are contained in the assor.iated Cf16a. Activities rely Iieavily on the input of members of the congregation. You may choose to include further statemenls, where relevant, about.. policy on grantmaking; policy programme related investment- contribution made by volunteers. TAR March 2012
Section D Achievements and performance Summary of the main achievements of the charity during the year During the cour8e of the ! ear tsBC Portsmouth has done the folloii'ing. l. Providi:d tivo pulilie services of Christian worship every Sunda), of the ye',ar. 2. Proi'idEd a weekli" Bible StudN' and Pra}'er meeting. 3. Held a meetings for Missions Support. 4. Held w"eek:N' mec.tings to pr<iV for the suffering and persecuted chur('h worldwide. 5. -4di'anced 14e CF ri.stian faith bl, preaching at public senTices and bi. t lie Pastor s one-to-one studies for those approaching bap. jqm or considering Chrisian commitmeiit. 6. -NuitiJred lielieiT£ rb in Chribti'in conduct, conpersation and character at periodic meetings and by one-to one counseiling. Supported Chrisi ian evangelical missionarv work at home and abroacl by financial donations and pravers. 8. Ensured sHfet! of all utilising the church's premises or involved in Chur( h aLtii'itieq b! followying Guidance and best pra('tiLe coni'erning Scqfeti,. fire prei'ention and safeguarding. Ti'u.4tees regularlN' update themselves, refresh training, and promulgate guidance for members and other clttendLes. 9. Nlaintain thu pfEmiqeg of the Church in a proper and fit condition and coiitinued to dewelop plans for its improN'ement an(1 renoF¥"ation. 10. laintaine(l a wel)qite. broadcast seTh"ices and externall}' adwei.tise lis seTh iS and objectives. TAR March 2012
Section E Financial review The church seeks to have finaricial reserves to sustain its activities and to guard against suoden red. ction of income. It also seeks to builcl up fijnds to facilitate obtaining better premises that would enable wider activrty in line with its constitution. Brief statement of the charity's policy on reserves Details of any funds materially in deficit None Further financial review detsils (Optsonal inforniation As slated abovb? income is primarily from members of the congregation. Small amounts arise from Gift Aid and interest on investments. You may choose to include additional information, where relevant about.. the charity's principal sources of funds (including any fundraising)., how expenditure has supported the key objectives of the charity- investment policy and objectives including any ethical investment policy adopted. The main expenditure is the stipend paid to the church's Pastor. As mentioned above 10 % of the church's income is donated to Missionary endeavour and other charitable ends. All Oiher expenditure is in ..Jpport of the key activities of the church. Investments are held as resep4es to cope with any future problems or opportunities. See above. Section F Other optional information Section G Declaratioh The trustees declare that they have approved the trustee%' report above. Signed on behalf of the charity's trustees Signature{s) Full namels Position (eg Secretary, Chair, etc) Érf4n fat4 kc) 5 E8f QoN4 LUI Date 2&/f 202 TAR March 2012
GRACE B.4PTIST CHURCH PORll'SNIOUT 4 Satement of account 2023124 FTh' Revi.sed & Printed 27/09/24 Faipit italic or coloiired figiires in this statenienl are rheck .siims you can ignore INCOME Last Year Offerings Gift .4ide.d G.4 small donations Other Offerings £39.2 18.9 i £20.193.90 £().08D.00 £13,OUO.00 £99 381 £IO,Oli? £ll,J19 £6, 6.14 £8.)4 Cjift .4id Iiive4tment Income In Ti'ii4t OthLJi" InL()me 6772.jl) £2.013. 1 ) £2,?0.0i I £41a.2 ) £1. j.99 £990 TOT.4L 48. 130.47 £48. 130.4 ) 0.01, £0 S? 990. 00 Expenses Pastoral Gi'oqs Pai, Tclxciblo Expenqe.q Pension Contribution --Innivei"Sqc r}" Gift £42.431.68 41690 3767,1 300 9960 £39.511.02 £300.00 £2.3 10.66 £2aO.00 Other Expenses Scibbatical ti'avel Ovei'pai"ment - 2i104123 £136.01) £3.81) 899 Missionar Gifts ilLe BclPti4t .II j4ginn £i.2iO.OI) 93i8 .?4(J{) J8J6 1800 IDOO £l.;iO().nO £i.000.00 CC.II(LTIK) ONIF Chi'istian Inqtitute Ca4ii ryIea Slavic Gospel .4ssociation £,?nO.00 £iOO.00 , £aOO.00 eratin eosts Outreach Publiciti" (ET etc) D2D tl'c Ct.% etc Ini'itation Card 11.eb site. 144.21) 277.011 167 340 80 916 430.01) ** .107. 99 i'efiinded
Operating Costs -jqiting Pi'eachers Insui'anee Catering Communion supplies 9 4) 1.). 011 2,24.?.01) 1.143.7C) 100.01) 1990 Safeguai'ding CCLI 30.01) 132.01) loO.OI) 79 193 Pui'chase Sec's harddrive Purchase table GB.4 I'egisti'ation 40.01) Utilities 1,114.21) 941 83 m.ater Electi"iciti' Gas 88.D3 gJj 300 Building Fire Extinguishers NTEST Therm()stat New qide gate lock Clecqning materials Builer Check G2( .% suppll" pipes Heatei. Hire £100 retui'ned under othei. income: 164 3,636.00 46.00 Broadcasting Zoom sub.scription PRS Licen%e Broadband 143.88 20 1.C)O 184 307 GBC Ltd Inve.stment eharges Refund offei'ing on i'equest 340.01) Total a9.326.a i .i97i3 0.00 Excess of income over ex enditure -£l(l a96. -£6. 700 -£3,896.2
ALLOCATION TO FUNDS Brought Forward 3 1.ai3.24 16.926.40 1,909.il 61,041.a8 0.00 117,430. 18 111.4'411. 1 Carried forward 28.484.36 13,110.43 2,204.01 63,030.33 0.00 IOC).834.63 106,834.63 Inciime a). 132.9.) Expense 64,801.80 4,204. 1 1 0.00 20.00 2t?O.00 69,326.a i General Fund Building Fund Quick Action/Hardship Fund GBC Ltd Investment In Truqt/Tran.8it (Restricted) TOTALS 29,?.01) 2.013.7.) 2DO.011 58. 130.4"? jt4. 13{).4 1 (i.J..32b.t) I ASSETS Cash Coop bconk account Grace Baptist Charities 43. 199.30 63,030.33 £106,834.63 Invested Funds apital Input £60,000.00 £20.000.00 alues at 5104124 £68.OCJ3.00 £20, 172.00 Unit. 13118.7.? 19 182.39 1 at 5/04/23 £60. 146.00 £18,98 1.00 CCL4 (COIF) Sarasin Growth Buildings Church 11.42 /0 60 Dover Road Estimates 900.000.00 9aO,000.00
From: Richard Mcmillan Bsc FCA 60 Southleigh Road, Havant, Hampshire, P09 2QJ Pastor Evan Richards GBC Portsmouth Trustees and Members. Gra tist Church Po sm uth Annual Account FY endin 5th A ril 2024. The above accounts have been examined by me and I am plea8ed to report that all the account8 were well presented, accurate and in order. Il n'nJ8_ 27/e/z