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2024-09-01-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 09 2023 To 31 08 2024

Section A Reference and administration details

Charity name Grace International Foundation Liverpool Other names charity is known by Grace International Church Liverpool Registered charity number (if any) 1174393 Charity's principal address All Nations Hub, 4 Tunnel Road, Liverpool Postcode L7 6QD

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)
Yongwang Deng Chairman pastor
Trustee Ex officio
RenshengChen Deacon
FengLi Secretary
Michael Lynch

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

1

Names and addresses of advisers (Optional information)

Type of adviser Name Address

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

NA

Section B Structure, governance and management

Description of the charity’s trusts

Constitution

Type of governing document (eg. trust deed, constitution) Association How the charity is constituted

Nominated by senior pastor and appointed by the Church Session Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

NA

March 2012

TAR

2

Section C Objectives and activities

To advance the Christian faith, for the benefit of the public, in Summary of the objects of accordance with the statements of belief appearing in the the charity set out in its schedule. governing document

1) To maintain a centre of Christian life and influence in the community and to support the fellowship of the Churches of Jesus Christ throughout the world. The Foundation provides church Sunday Worship services, mid week house Bible Study groups and Sunday School for both adults and children.

2) To develop a depth of spiritual knowledge and commitment within the fellowship and proclaim clearly to those outside of the fellowship the love of God offered towards them and in particular Summary of the main the need, truth and assurance of salvation. activities undertaken for the public benefit in relation to 3) To do such things and to have and exercise such rights, these objects (include within this section the statutory privileges and powers conferred by law upon a religious declaration that trustees have corporation or church as may from time to time seem good to the had regard to the guidance issued by the Charity CIO trustees and the Church Meeting under the guidance of the Commission on public Holy Spirit. benefit) 4) While recognising the expediency and privilege of seeking the advice of other Christian Churches and associating with them for mutual advantage and service to others, to remain a free and autonomous body in matters of church governance and not to accept any form of ecclesiastical constitution or authority other than that formed and accepted by the Church Meeting under the guidance of the Holy Spirit.

5) To play parts in promoting world mission in partnership with other churches and Christian organizations.

Additional details of objectives and activities (Optional information)

NA You may choose to include further statements, where relevant, about:

March 2012

TAR

3

Section D Achievements and performance

Summary of the main
achievements of the charity
during the year
In the year of 2023 to 2024, GIF had made significant achievement.
Below are the summary of the main achievements which had been
reported in GIF AGM in November 2024 by GIF chairman of
Trustees and senior pastor, Rev. Daniel Yongwang Deng.
1) The church has been actively engaging with the community through
various activities such as Christian house Groups, Chinese school, music
school and some missional outreach events, etc.
2) Throughout the year, the church had continuously provided house
groups, Bible study, training and daily devotional hour, called “Manna
Time with Abba” to nurture the members’ spiritual life and make disciples
for Jesus Christ.
3) The church provides weekly Christian worship services in English and
Mandarin. The church also provides other weekly activities such as
House of Prayer for all nations, Christian Conferences, parenting,
workshops, Chinese New Year celebration, Christmas celebration, Easter
Celebration etc.
4) All Nations Hub continues grows to become one of the worship centres
in Liverpool, providing a platform for several small sized churches to
function and grow. The building has been providing service for over 600
people per week.
5) All Nations Hub has become a place for all nations, attracting people
for over 30 countries, it has also become one of the biggest Chinese
communities in Merseyside.
6) Our London mission department had launched a new church, named
London Evangelical Mandarin Church, reaching to Chinese students and
professionals in London.
7) Our North Wales mission department had launched a new ministry in
Bangor. By August 2024, the small Bible study group had become a full
functioning international church, who provides weekly Bible study/ house
groups, care and visitations to members and local residence, Sunday
worship service and prayer meetings.
8) Pastor Daniel Deng has been exploring ways to reach out to different
parts of the world. He has played some active parts in evangelism and/or
church planting movement in Israel, Jordan, Ivory Coast, Spain etc.
Along with our Evangelist, Herman Thystere, he had conducted two
Evangelistic tours in Ivory Coast, preaching to local Ivorians in two
different cities.
9) As a member of European Revival Committee, we have participated
the organization and preparation of European Revival Conference in
Paris.

March 2012

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4

Section E Financial review

The income and property of the CHURCH must be applied solely Brief statement of the towards the promotion of the whole mission of charity’s policy on reserves Christian church, world mission and its outreach to the community (clause 3) or any other means approved by the Church Session and trustees. None of the income or property of the CHURCH may be paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profit to any member of the CHURCH.

Details of any funds materially N A in deficit Further financial review details (Optional information)

  1. The charity’s principal sources of funds (including any fundraising) are:

You may choose to include 1) Donations from regular Church members, some individuals and other

additional information, where Christian organizations.

relevant about: 2) The Church holds fundraising events from time to time.

• the charity’s principal 3) Offerings to our mission and church building project are from charities sources of funds (including and individuals in USA, France, China etc. any fundraising); 4) The church holds Christian conferences or training events which

• how expenditure has generate some fund from attendee’s fees and donations etc. supported the key objectives 2. How expenditure has supported the key objectives of the charity of the charity; 1) GIF had used its main funds in the wages of staff and missionaries,

• investment policy and community outreaching events, missional activities and conferences. With the funds raised for the purchase of the building, it will be

objectives including any designated to the purposes of the building purchase and decoration and

ethical investment policy equipment.

adopted. 2) GIF had funded various activities throughout the year fulling the key objectives of the charity. 3. Investment policy adopted: NA

Section F Other optional information

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s) Michael Lynch Full name(s) Yongwang Deng Position (eg Secretary, Chair, Chair, trustee ex Officio trustee etc) Date 28/06/2025

March 2012

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5

Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Charity No
(if any)
1174392
Period start date
01.09.2023
To
Period end
date
31.08.2024
Section A Statement of financial activities
CC17a
Grace International Foundation
Annual accounts for the period
~~a~~
Recommended
categories by activity
Details of own
analysis
Note Unrestricted
funds
Unrestricted
Restricted
income
funds
Restricted Endowment
funds
Total this
year
Total last year
Incoming resources (Note 3) £
F01
£
F02
£
F03
£
F04
£
F05
Incoming resources from
generated funds
-
-
-
-
-
Voluntary income
Donations and Legacies
S01
224,672
-
-
224,672
277,292
Activities for generating funds
Charitable Activities
S02
73,391
-
-
73,391
51,809
Investment income
S03
-
-
-
-
-
Incoming resources from
charitable activities
S04
-
-
-
-
-
Other incoming resources
Other
S05
29,549
-
-
29,549
43,255
S06
327,612
-
-
327,612
372,356
Resources expended (Notes 4-8)
Total incoming resources
o~~1ee~~
Costs of Generating Funds - - - - -
Costs of generating voluntary
income S07 - - - - -
Fundraising trading costs S08 - - - - -
Investment management costs S09 - - - - -
Charitable activities
Charitable activities
S10 302,667 - - 302,667 420,351
Governance costs S11 - - - - -
Other resources expended
Other
S12 8,774 - - 8,774 2,310
Total resources expended S13 311,441 - - 311,441 422,661
Net incoming/(outgoing) resources before
transfers
S14 16,171 - - 16,171 - 50,305
-
Gross transfers between funds S15 - - - - -
Other recognised gains/(losses)
Net incoming/(outgoing) resources before
other recognised gains/(losses)
S16 16,171
-
-
16,171
50,305
-
——}—}———
Gains and losses on revaluation of fixed assets
for the charity’s own use S17 - - - - -
Gains and losses on investment assets S18 - - - - -
Net movement in funds S19 16,171 - - 16,171 - 50,305
-
Total funds brought forward S20 - - - - -
Total funds carried forward S21 16,171 - - 16,171 - 50,305
-

CC17a (Excel)

1

Section B Balance sheet

Fixed assets
Tangible assets (Note 9)
Investments (Note 10)
Total fixed assets
Current assets
Stock and work in progress
Debtors (Note 11)
(Short term) investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within
one year (Note 12)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year (Note 12)
Provisions for liabilities and charges
Net assets
Funds of the Charity
Unrestricted funds
Restricted income funds (Note 13)
Endowment funds(Note 13)
Total funds
Signed by one or two trustees on behalf of all
the trustees
Note
B01
B02
B03
B04
B05
B06
B07
B08
B09

B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
Unrestricted
funds
£
F01
-
-
-

Restricted
income
funds
£
F02
-
840,752
-
Endowment
funds
£
F03
-
-
-

Total this
year
Total last
year
£
£
F04
F05
-
-
840,752 845,102
-
-
- 840,752 - 840,752
845,102
-
-
-
34,138
-
-
-
-
-
-
-
-
-
-
-
-
-
34,138 36,627
34,138 - - 34,138
36,627
15,804
18,301
15,804 - -
18,334 - - 18,334
18,326
18,334 840,752 - 859,086
863,428
515,185 535,698
-
-
515,185
-
-
-
-
-
- 496,851 840,752 - 343,901
327,730
- 496,851
-
840,752 - - 496,851 - 517,372
-
-
840,752 845,102
-
-
- 496,851 840,752 - 343,901
327,730
Signature Date of
approval
Print Name
Yongwang Deng
28th June 2025
Michael Lynch
28th June 2025

CC17a (Excel)

2

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

• and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

• and with the Charities Act.

[** except for the following].

Give details in this box if a different standard has been followed.

 if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

 if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

Give details in this box of any material changes that have been made.

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (§§ except for the following).

Give details in this box of any material changes that have been made.

§§ if no changes have been made to accounts for previous periods then delete these words.

CC17a (Excel)

3

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when:
resources  the charity becomes entitled to the resources;
 the trustees are virtually certain they will receive the resources; and
 the monetary value can be measured with sufficient reliability.
Incoming resources with Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional
entitlement to the resources.
Tax reclaims on donations Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts which they relate.
Contractual income and This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
distributed by the charity.
Gifts in kind for use by the charity are included in the SoFA as incoming resources when
receivable.
Donated services and These are only included in incoming resources (with an equivalent amount in resources
facilities expended) where the benefit to the charity is reasonably quantifiable, measurable and
material_._The value placed on these resources is the estimated value to the charity of the
service or facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.
Investment income This is included in the accounts when receivable.
Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from
revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee
meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of
conditions service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Grants payable without These are only recognised in the accounts when a commitment has been made and there are
performance conditions no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs Support costs include central functions and have been allocated to activity cost categories on
a basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use
These are capitalised if they can be used for more than one year, and cost at least £500.
by charity They are valued at cost or a reasonable value on receipt.
Investments Investments quoted on a recognised stock exchange are valued at market value at the year
end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress These are valued at the lower of cost or market value.

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

CC17a (Excel)

4

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

Activities for generating funds
Investment income
Incoming resources from
charitable activities
Voluntary income
This year
Last year
£
£
Donations and gifts
224,672 329,101
Gift aid
21,803 4,000
- -
- -
- -
Total
246,475 333,101
Rental and leasing income
73,391 37,413
Other
7,746 1,842
- -
- -
- -
Total
81,137 39,255
- -
- -
- -
- -
- -
Total
- -
- -
- -
- -
- -
- -
Total
- -
Analysis

CC17a (Excel)

5

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Governance costs
Charitable activities
Fundraising trading
costs
Investment
management costs
Costs of generating
voluntary income
This year
Last year
£
£
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
302,667 420,351
8,774 2,310
- -
- -
- -
311,441 422,661
- -
- -
- -
- -
Total
Operating expenses
Others
Total
Total
Total
Total
Analysis

CC17a (Excel)

6

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

----- Start of picture text -----
Fundraising activity Charitable Activity Governance Activity Total Cost
Support cost type £ £ £ £
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Total - - - -
----- End of picture text -----

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid

This year Last year
£ £

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

Independent examiner’s or auditors' fees for reporting on the
accounts
Other fees (for example: advice, consultancy, accountancy
services) paid to the independent examiner or auditor
This year
Last year
£
£
960
1790
0
2310

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

7.1 Staff Costs
This year
£
Last year
£
Gross wages, salaries and benefits in kind 175,147 250,928
Employer’s National Insurance costs 14,670 23,021
Pension costs 3,877 14,530
Total staff costs 193,694 288,479
7.2 Average number of full-time equivalent employees in the year This year
Number
Last year
Number
The parts of the charity in which the Fundraising - -
employees work Charitable Activities 9 13
Governance - -
Other - -
Total 9 13

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme

The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end

This year Last year
£ £

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

----- Start of picture text -----
Grants to Grants to
institutions individuals
Purpose for which grants made Total amount £ Total amount £
- -
- -
- -
- [ - ]
- [ - ]
- [ - ]
Total - -
----- End of picture text -----

8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

£

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

institutions supported.
Names of institutions
Purpose
Total grants to institutions
Total amount of
grants paid £
-
-
-
-
-
-
-
-
-
-
-

CC17a (Excel)

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Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

Freehold land Freehold land Other land & Plant, Fixtures, Payments on Payments on Total
& buildings buildings machinery and
fittings and
account and
motor vehicles equipment assets under
construction
£ £ £ £ £ £
Balance brought 858,871 - 35,606 - - 894,477
forward
Additions - - 3,464 - - 3,464
Revaluations - - - - - -
Disposals - - - - - -
Transfers * - - - - - -
Balance carried 858,871 - 39,070 - - 897,941
forward
9.2 Accumulated depreciation and impairment provisions
**Basis SL or RB SL or RB 20% SL SL or RB SL or RB
** Rate
Balance brought 37,521 - 11,854 - - 49,375
forward
Depreciation charge - - 7,814 - - 7,814
for year
Impairment provisions - - - - - -
Revaluations - - - - - -
Disposals - - - - - -
Transfers* - - - - - -
Balance carried 37,521 - 19,668 - - 57,189
forward
9.3 Net book value
Brought forward 821,350 - 23,752 - - 845,102
Carried forward 821,350 - 19,402 - - 840,752

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

10

Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

Carrying (market) value at end of year
Add:additions to investments at cost
Less:disposals at carrying value
Add/(deduct):net gain/(loss) on revaluation
Carrying (market) value at beginning of year
£
-
-
-
-
-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Analysis of investments 10.2 10.3 10.3
Market value at Income from
year end investments for
the year
£ £
Investment properties - -
Investments listed on a recognised stock exchange or held in common - -
investment funds, open ended investment companies, unit trusts or other
collective investment schemes
Investments in subsidiary or connected undertakings and companies - -
Securities not listed on a recognised Stock Exchange - -
Cash held as part of the investment portfolio - -
Other investments - -
Total - -

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held Market Value

CC17a (Excel)

11

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Analysis of debtors Amounts falling due
within one year
Amounts falling due after
more than one year
Amounts falling due
within one year
Amounts falling due after
more than one year
Amounts falling due
within one year
Amounts falling due after
more than one year
Amounts falling due
within one year
Amounts falling due after
more than one year
Amounts falling due
within one year
Amounts falling due after
more than one year
This year Last year
This year
Last year
£ £
£
£
Trade debtors - - - -
Amounts due from subsidiary and associated
undertakings - - - -
Other debtors - - - -
Prepayments and accrued income - - - -
Total - - - -

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

12.1 Analysis of creditors
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
Loans and overdrafts 5,681 5,681 - -
Trade creditors - 515,185 535,698
Amounts due to subsidiary and associated
undertakings - - - -
Other creditors 9,163 12,620 - -
Accruals and deferred income 960 - - -
Total 15,804 18,301 515,185 535,698

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

CC17a (Excel)

12

Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

Type PE, EE Fund Name Purpose and Restrictions or R

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

Fund Fund
balances balances
brought Incoming Outgoing Gains and carried
forward resources resources Transfers losses forward
Fund names £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total Funds - - - - - -

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

CC17a (Excel)

13

Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

----- Start of picture text -----
Amounts paid or benefit value
Legal authority (eg order,
Name of trustee or connected party
governing document) This year Last year
£ £
----- End of picture text -----

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Due to trustees and
related parties
Due from trustees
and related parties
Name of trustee or
connected party
Legal authority
This year
Last year
£
£
Amount owing

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee Relationship to Description of the This year Last year
or related party charity transaction(s) £ £

CC17a (Excel)

14

Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

CC17a (Excel)

15

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name GRACE INTERNATIONAL FOUNDATION LIVERPOOL members of On accounts for the year 31 AUGUST 2024 Charity no 1174392 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 /08 / 2024.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 26/06/2025

Signed: Liam Chen Name: LIAM QINGLIN CHEN ~~Ps~~ Relevant professional ACCA qualification(s) or body (if any): Address: ZHONG & CO LTD 557 WEST DERBY ROAD LIVERPOOL L13 8AD

1

October 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

October 2018

IER