## **Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year **From** 01 Apr 2023 **To** 31 Mar 2024
## Section A Reference and administration details
**Charity name Other names charity is known by Registered charity number (if any)** 1173666 **Charity's principal address** 5 Paisey Grove
Living Grace Ministry
Salisbury Wiltshire **Postcode SP2 9FF**
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
||Earl Bent||||
||Marlon Stoner||||
||Natalee Stoner||||
||Michael Williams||||
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## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
**TAR**
March **2012**
1
**Names and addresses of advisers (Optional information) Type of adviser Name Address N/A**
**Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Constitution
Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation How the charity is constituted
- (eg. trust, association, company)
Trustee selection methods
Voting Members
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
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;
- relationship with any related parties;
Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. All Charity Trustees must subscribe and adhere to, in belief and lifestyle, the Statement of Faith.
The spiritual government and leadership of the Church Fellowship for the purposes of which the CIO has been established shall remain with the Spiritual Leadership and to the extent to which the Charity Trustees are not synonymous with the Spiritual Leadership their powers shall be confined to the proper management and administration of the CIO in accordance with the provisions of this Constitution and in furtherance of the Objects and in so doing they shall have full and proper regard to the Spiritual Leadership provided always that they shall not act outside their powers as conferred by this Constitution and by general law.
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
The Objects of the CIO are, for the public benefit:
the advancement of the Christian faith in Salisbury, Wiltshire and such **Summary of the objects of the** other areas of the United Kingdom and the world as decided by the **charity set out in its** Charity Trustees; and **governing document**
the relief of persons who are in need or distress by reason of financial hardship, unemployment, disability, ill-health and such other economic or social disadvantage.
**TAR**
March **2012**
2
We have donated food to the Trussell Trust food bank.
We provided financial assistance to support parents to send their children to school.
We provided financial contributions to support families who are experiencing financial hardship.
We provided single parents with a network where they have access to support and guidance for raising their children.
**Summary of the main activities undertaken for the** There are several personnel within the church who volunteer to support **public benefit in relation to** hospitals and adult services. **these objects (include within this section the statutory** We support members of the church who are unemployed. **declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
## **Additional details of objectives and activities (Optional information)**
Do anything else within the law which is incidental and conducive to the Objects.
You **may choose** to include and further statements, where relevant, about:
Deposit or invest funds, employ a professional fund-manager and arrange for the investments or other property of the CIO to be held in the name of a nominee, in the same manner and subject to the same conditions as the trustees of a trust are permitted to do by the Trustee Act 2000; and
Do anything else within the law which is incidental and conducive to the Objects.
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
**TAR**
March **2012**
3
Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
We are currently raising funds to build a place of worship to fellowship (church).
Children within the church are sponsored to go back to school.
We have supported personnel who are experiencing financial difficulties within the church.
We have provided support for children preparing for their GCSE by providing a trained teacher who offers tutorials and revision classes. We have also provided emotional support to personnel who are experiencing issues in their personal lives.
We have provided financial and emotional support for single parents in the church.
**TAR**
March **2012**
4
**Section E Financial review**
All savings are kept in the bank.
## **Brief statement of the**
**charity’s policy on reserves**
**Details of any funds materially in deficit**
N/A
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
The principal sources of funds are collections of tithes, offering and fund raising. Funding raising includes gospel concerts, various functions and activities.
- how expenditure has supported the key objectives We have supported the community by donating food, money, clothing,
- of the charity; provide personal assistance to those in need and we have donated to
- • investment policy and other Charites. objectives including any ethical investment policy adopted. N/A
## **Section F Other optional information**
Hard copy of the external audit report to follow.
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
## **Signature(s)** N.Stoner
**Full name(s)** Natalee Stoner
**Position (eg Secretary, Chair,** Chair **etc)**
**Date** 22 Nov 24
**TAR**
March **2012**
5
|**LIVING GRACE MINISTRY**|**LIVING GRACE MINISTRY**|**No (if any)**|||
|---|---|---|---|---|
|**Receipts and payments accounts**||||**CC16a**|
|**For the period**
**from**|01-Apr-23|31-Mar-24
**To**|||
|**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**|||||||
|---|---|---|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**2326**
**42271**
**0**
**0**
**11058**
**25**
**55,680**
**-**
**-**
**-**
**55,680**
**216**
**2376**
**3781**
**1478**
**7496**
**504**
**5701**
**0**
**115**
**11778**
**0**
**80**
**0**
**300**
**131**
**50**
**34,006**
**-**
**-**
**-**
**34,006**
**21,674**||**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**-**
**2,326**
**42,271**
**-**
**-**
**11,058**
**25**
**55,680**
**-**
**-**
**-**
**55,680**
**216**
**2,376**
**3,781**
**1,478**
**7,496**
**504**
**5,701**
**-**
**115**
**11,778**
**-**
**80**
**-**
**300**
**131**
**50**
**34,006**
**-**
**-**
**-**
**34,006**
**21,674**
**-**
**110,794**
**132,468**|**Last year**
**to the nearest £**|
|Balance C/F|||||||||
|Offering|**2326**|||||||**1,652**|
|Tithes|**42271**|||||||**40,995**|
|BuildingFund|**0**|||||||**-**|
|Seed|**0**|||||||**-**|
|Gift Aid|**11058**|||||||**9,674**|
|Flyer|**25**|||||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|
**55,680**|||||||**52,321**|
||||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||||
||**-**||||||||
||**-**|||||||**-**|
|**_Sub total_**|**-**||||||||
|**_Total receipts_**
**A3 Payments**|||||||||
|||||||||**52,321**|
||||||||||
|
Accountant Fee|**216**|||||||180|
|Courses/Training/Church Program|**2376**|||||||319|
|Rent|**3781**|||||||1362|
|Music|**1478**|||||||790|
|Land Management Fee|**7496**|||||||6643|
|Insurance|**504**|||||||532|
|Donations|**5701**|||||||7334|
|Fixed Asset - Laptop,Keyboard|**0**|||||||2212|
|Marketing,Stationeryand Flyer|**115**|||||||720|
|Land development|**11778**|||||||1320|
|Website Improvement|**0**|||||||520|
|Gift/Misc|**80**|||||||1403|
|Travel|**0**|||||||70|
|VisitingPastor|**300**|||||||0|
|Premises expenses|**131**|||||||0|
|Small equipment/SundaySchool|**50**|||||||102|
|**_Sub total_ **|**34,006**|||||||**23,507**|
||||||||||
|**A4 Asset and investment**
**purchases (see table)**|||||||||
|**,**|**-**||||||||
||**-**||||||||
|**_Sub total_ **|**-**|||||||**-**|
|**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||
|||||||||**23,507**|
||||||||||
||**21,674**||**-**||**-**||
**21,674**|**28,814**|
||**-**||**-**|
|**-**||**-**|**-**|
||**110794**||**-**||**-**||**110,794**|**81,980**|
||**132,468**||**-**||**-**||**132,468**|**110,794**|
CCXX R1 accounts (SS)
13/11/2024
1
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|Signature
E. Bent
N.Stoner
**Details**
**Details**
**Land**
**Keyboard**
**Laptop**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Bank account**
**Second Bank account**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**132,243**
**-**
**262**
**-**
**-**
**-**
**132,505**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**168,000**
**1,232**
**980**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
Print Name
Earl Bent
Natalee Stoner|**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
|||||
||||**220,000**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
||E. Bent|Earl Bent|27-May-24|
||N.Stoner|Natalee Stoner|**27-May-24**|
CCXX R2 accounts (SS)
13/11/2024
2
## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF LIVING GRACE MINISTRY (CHARITY NO 1173666)**
I have examined the financial statements of Living Grace Ministry (1173666) for the year ended 31[st] March 2024 which comprise the Receipts and Payments account, Statement of Assets and Liabilities, and accompanying detail.
## **Respective Responsibilities of the Trustees and Examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the Charities Act,
- To follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- To state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in, any material respect, the requirements: 1* to keep accounting records in accordance with section 130 of the Charities Act; and 2* to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Anna Sharlott EP Services Limited Unit 2D-2E Castledown Business Park Ludgershall**
**SP11 9FA**
## **27/08/2024**
## **REPORT OF ACCOUNTING RECOMMENDATIONS TO THE TRUSTEES OF LIVING GRACE MINISTRY (CHARITY NO 1173666)**
Please review our recommendation from the year ending 31/03/2024 to ensure correct accounting treatment is applied.
## 1)
1) Any donations should continue to be properly documented, either through minutes or via an official sign-off procedure with corresponding paperwork. We recognise that there has been a significant improvement in the official paperwork to verify donations.
## 2)
Upon reviewing the cash
book, we can see that the record keeping has been improved compared to previous years. However, we further advise that the cash book is kept digitally and not manually. A template digital cash book has been provided to the Treasurer.
- 3) It has been agreed that the second bank account will be categorised in the same way that the main bank account is categorised. This will ensure that the income and outgoings on this account are correctly recorded in the accounts.
## 4)
Please ensure that any
expenses reimbursed to members will require prior approval by two trustees and will only be paid on the production of a valid receipt. This will ensure that there are no missing receipts going forward.
## 5)
We have advised that a
separate description is used for ‘events’ to improve the charity’s monitoring of its expense categories.
## 6)
We will require our
recommendations to be signed by three senior members of the charity.
## Signatures
NATALEE ROSE STONER: ………N.Stoner…………………. Date: 13/11/2024
MARLON GARWAYNE STONER: ……M.Stoner……………………. Date: 13/11/2024 EARL MCKENZIE BENT: ………E.Bent…………………. Date: 13/11/2024
MICHEAL WILLIAMS: ………M.Williams…………………. Date: 13/11/2024