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2021-10-31-accounts

Trustees’ Annual Report for the period

From 1/11/21 Period start date To 31/10/22 Period end date

Charity name:Grace Community Outreach Centre

Charity registration number: 1174215

Objectives and Activities

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SORP reference
Summary of the purposes Para 1.17 To advance the Christian faith for
of the charity as set out the benefit of the public in
in its governing accordance with the
document statement of faith.
To relieve persons who are in
conditions of need, financial
hardship or sickness in
Manchester and the surrounding
areas by providing: grants, items
and services to
individuals in need and/or
charities, or other organisations.
Summary of the main Para 1.17 and Regular Sunday and online
1.19
activities in relation to meetings
those purposes for the Youth mentoring events
public benefit, in Community engagement events
particular, the activities, including meetings with our local
projects or services councillors and recently setting up
identified in the a community choir
accounts.
Statement confirming Para 1.18 I confirm this to be the case
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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Additional information (optional)

You may choose to include further statements where relevant about:

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SORP reference
We are not involved in grant
Para 1.38 making, However we have on
Policy on grant making occasion given out money to
members of the community based
on identified need. We have a
main target of single mums
Para 1.38
Policy on social
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investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

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SORP reference
We have supported a lot of people
during the pandemic and have had
lots of grateful families coming to
Summary of the main verbalise this.
Para 1.20
achievements of the
charity, identifying the We have also made an impact in
difference the charity’s growing our youth mentorship,
work has made to the growing from about 25 teenagers
circumstances of its to 82 teenagers. We have
beneficiaries and any collaborated with afew local
wider benefits to society charities to make this happen and
as a whole. this culminated in a 3 day youth
camp in the peak district which
was well attended.
We have made enquiries with the
council and we’re looking forward
to setting up a foodbank as well as
a Mental health Drop in centre
using our current building.
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Additional information (optional)

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Each year the scope keeps getting
bigger ie we’re reaching and doing
Achievements against Para 1.41 more though the core objective
objectives set remains the same.
Most of the funds come from
volunteers and members. We have
Performance of received a few grants from other
fundraising activities Para 1.41 charity organisations and perhaps
against objectives set this is the area we need to work
on as a charity
Investment performance Para 1.41
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agai nst objectives other

Financial Review

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Review of the charity’s Para 1.21 We have a steady stream of
financial position at the income as we have now raised
end of the period partners who give regularly. But
as previously stated this could be
better
Statement explaining the Para 1.22 Reserves are held to ensure that
policy for holding the future projects are held stress
reserves stating why they free, we often ain to leave 25% of
are held all income as reserves. This
doesn’t always work as needs
outstrip income and so we have
zero reserves
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22 As above
reserves
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23 There are no uncertainties
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)

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As stated above The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other

Structure, Governance and Management

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Description of charity’s As stated in CIO
trusts:
Type of governing Para 1.25 As per CIO
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 This is usually in agreement with
methods including details already existing trustees. They
of any constitutional must be people who believe in our
provisions e.g. election to core values and understand the
post or name of any importance of being a trustee.
person or body entitled Plus, they would have passed a
to appoint one or more basic character check
trustees
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Additional information (optional)

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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details

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Charity name Grace Community outreach Centre
Other name the charity Grace Community Church
uses
Registered charity 1174215
number
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Charity’s principal 21 Penrith Avenue Sale M33 3FN
address
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Names of the charity trustees who manage the charity

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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Osagie Joseph Pastor/CEO
1
Omofuma
Omokhaye Secretary
2
Evelyn Omofuma
3 Iyabode Balogun
4 Olabisi Ketiku
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name Osagie Joseph Omofuma Omokhaye E. Omofuma Iyabode balogum

Name of trustees holding title to property belonging to the charity ( not applicable)

Dates acted if not for whole year

Trustee name

Funds held as custodian trustees on behalf of others ( not applicable)

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Osagie Joseph Omofuma Position (eg CEO/Director Secretary, Chair, etc)

Date 04/10/2022

Registered Number 08246337 08246337 Micro-entiti, Accounts 31 October 2021

08246337 Rcgi5tered llumber 08246337 Miero-entity Balanee Sheet as at 31 October 2021 Noles 2021 2020 Fixed Assets 2,397 3,196 9,385 2,902 (30) 9,385 2,872 Current Assets Creditors: amounts falling due within one year Net Current assets (liabilities) Total assets less current liabilities 11,782 6,068 Aceruals and deferred income (300) (300) 11.482 5.768 Total net assets (liabilities) Reserves 11.482 5,768 For the year ending 31 October 2021 ihe company was eniilled 10 exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company lo obiain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibililies for complying wilh the requiremenls of the Companies ALt 2006 with respect lo accounting records and Ihc preparalion of accounts. The a¢¢ounls have been prcparcd in a¢¢ordan¢c with Ihc micro-eniily proi'isions and delivered in accordance with the provisions applicable lo compaiiies subjecl lo the sillall coinpaiiic5 regiille. Approved by the Board on 29 August 2022 And signed on their behalf by.. Osagie Joseph Omofuma, Director

08246337 Registered llumber 08246337 Notes to the Micro-entih. Accounts for the period ended 31 October 2021 Employees 2021 2020 Average number of employees during the period