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 0￿erSeaS 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 i￿S 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