## **Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year **From** 01 09 2024 **To** 31 08 2025
## 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)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**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|||
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 (eg. trust, association, company) 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
- 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’ consideration of major risks and the system and procedures to manage them.
March **2012**
**TAR**
2
**Section C**
**Objectives and activities**
|**Summary of the objects of**
**the charity set out in its**
**governing document**
**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)**|To advance the Christian faith, for the benefit of the public, in
accordance with the statements of belief appearing in the
schedule.|
|---|---|
||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, 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
the need, truth and assurance of salvation.
3) To do such things and to have and exercise such rights,
privileges
and
powers
conferred
by
law
upon
a
religious
corporation or church as may from time to time seem good to the
CIO trustees and the Church Meeting under the guidance of the
Holy Spirit.
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 some 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:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
March **2012**
**TAR**
3
## Section D
## Achievements and performance
|**Summary of the main**
**achievements of the charity**
**during the year**|In the year of 2024 to 2025, GIF had made some significant
achievements. Below are the summaries of the main achievements which
had been reported in GIF AGM in November 2025 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 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 celebrations, Christmas celebrations,
Easter celebrations, etc.
4) All Nations Hub continues to grow 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 services
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 been building a newly planted
church, named London Evangelical Mandarin Church, reaching Chinese
students and professionals in London.
7) Our North Wales mission department launched a new ministry in
Bangor. By August 2025, the small Bible study group had become a fully
functioning international church. The church provides weekly Bible study/
house groups, care and visitations to members and local residents,
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 an active role in evangelism and/or the
church planting movement in Ivory Coast, Kenya, etc. Along with our
Evangelist, Herman Thystere, he had conducted one evangelistic tour in
Ivory Coast and one in Kenya, preaching to local Ivorians in two different
cities.
9) As a member of the European Revival Committee, we have
participated in the organization and preparation of the European Revival
Conference in Barcelona.||
|---|---|---|
March **2012**
**TAR**
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 Christian church, **charity’s policy on reserves** 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, fulfilling 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** 30/06/2026
March **2012**
**TAR**
5
||Charity No
(if any)
1174392
Period start date
**01.09.2024**
**To**
Period end
date
31.08.2025
**CC17a**
Grace International Foundation
Annual accounts for the period|Charity No
(if any)
1174392
Period start date
**01.09.2024**
**To**
Period end
date
31.08.2025
**CC17a**
Grace International Foundation
Annual accounts for the period|
|---|---|---|
|**Section A**|**Statement of financial activities**||
|**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
Donations and Legacies
S01
Activities for generating funds
Charitable Activities
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
Other
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
Charitable activities
S10
**Governance costs**
S11
**Other resources expended**
Other
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**
**_Total resources expended_**
**_Total incoming resources_**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|
||Donations and Legacies
S01
Charitable Activities
S02
S03
S04
Other
S05|-
-
-
-
-
162,300
-
-
162,300
224,672
94,572
-
-
94,572
73,391
-
-
-
-
-
-
-
-
-
-
15,517
-
-
15,517
29,549|
|||272,389
-
-
272,389
327,612|
|||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
245,242
-
-
245,242
302,667
-
-
-
-
-
9,376
-
-
9,376
8,774|
|||254,618
-
-
254,618
311,441
17,771
-
-
17,771
16,171|
|||-
-
-
-
-|
|||17,771
-
-
17,771
16,171|
|||-
-
-
-
-
-
-
-
-
-|
|||17,771
-
-
17,771
16,171|
|||-
-
-
-
-|
|||17,771
-
-
17,771
16,171|
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
-
834,866
-|**Endowment**
**funds**
**£**
F03
-
-
-|
|---|---|---|---|---|
|||-|834,866|-|
|||-
-
-
60,857|-
-
-
-|-
-
-
-|
|||60,857|-|-|
||||||
|||31,674|-|-|
||||||
|||29,183|-|-|
||||||
|||29,183|834,866|**-**|
||||||
|||502,377
-|-
-|-
-|
||||||
|||- 473,194|834,866|-|
|||- 473,194
-|834,866|-|
|||- 473,194|834,866|-|
|||Signature|||
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:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
• 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.**_
- -Tick as appropriate:
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
162,300 224,672
Gift aid
4,000 21,803
- -
- -
- -
**Total**
166,300 246,475
Rental and leasing income
94,572
73,391
Other
11,517 7,746
- -
- -
- -
**Total**
106,089 81,137
- -
- -
- -
- -
- -
**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.**
|**Investment**
**management costs**
**Costs of generating**
**voluntary income**
**Fundraising trading**
**costs**
**Governance costs**
**Charitable activities**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
245,242
302,667
9,376
8,774
- -
- -
- -
254,618 311,441
- -
- -
- -
- -
**Total**
**Analysis**
**Total**
**Total**
Operating expenses
Others
**Total**
**Total**|
|---|---|
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).**_
|**Other fees (for example: advice, consultancy, accountancy**
**services) paid to the independent examiner or auditor**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**|**This year**
**Last year**
**£**
**£**
1080
960
0
0|
|---|---|
CC17a (Excel)
7
## **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**|||||135,299||175,147|
|**Employer’s National Insurance costs**||||||19,988||14,670|
|**Pension costs**||||||2,091||3,877|
||||**Total staff costs**|||157,378||193,694|
||||||||||
|**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**|||||7|9|
|||**Governance**|||||-|-|
|||**Other**|||||-|-|
|||||**Total**|||7|9|
## **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)
8
## **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**
**_Total grants to institutions_**
**Purpose**|**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-|
||**-**|
CC17a (Excel)
9
## **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|||-|39,070|-||-|897,941|
|forward|||||||||||
|Additions|||-||-|2,410|-||-|2,410|
|Revaluations|||-||-|-|-||-|-|
|Disposals|||-||-|-|-||-|-|
|Transfers *|||-||-|-|-||-|-|
|Balance carried||858,871|||-|41,480|-||-|900,351|
|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|||-|19,668|-||-|57,189|
|forward|||||||||||
|Depreciation charge|||-||-|8,296|-||-|8,296|
|for year|||||||||||
|Impairment provisions|||-||-|-|-||-|-|
|Revaluations|||-||-|-|-||-|-|
|Disposals|||-||-|-|-||-|-|
|Transfers*|||-||-|-|-||-|-|
|Balance carried||37,521|||-|27,964|-||-|65,485|
|forward|||||||||||
|**9.3 Net book**|**value**||||||||||
|Brought forward||821,350|||-|19,402|-||-|840,752|
|Carried forward||821,350|||-|13,516|-||-|834,866|
## **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**
|**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value|**£**
-
-
-
-|
|---|---|
||-|
## _**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**||-||-|502,377|||515,185|
|**Amounts due to subsidiary and associated**|||||||||
|**undertakings**||-||-||-||-|
|**Other creditors**||24,913||9,163||-||-|
|**Accruals and deferred income**||1,080||960||-||-|
||**Total**|31,674||15,804|502,377|||515,185|
## **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:**
- **permanent endowment funds (PE);**
- **expendable endowment funds (EE); and**
- **restricted income funds, including special trusts, of the charity (R).**
**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 2025 **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.
**Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
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:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
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.
* _Please delete the words in the brackets if they do not apply._
> **Signed:** Liam Chen **Name:** LIAM QINGLIN CHEN **Relevant professional** ACCA **qualification(s) or body (if any): Address:** ZHONG & CO LTD 557 WEST DERBY ROAD LIVERPOOL L13 8AD
**Date:** 29/06/2026
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**