REGISTERED COMPANY NUMBER: 11595189 (England and Wales)
REGISTERED CHARITY NUMBER: 1180195
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST MARCH 2025
FOR
GRACE COMMUNITY CHURCH BEDFORD
Haines Watts
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN

Grace Community Church Annual Reports- Year Ended 31/March/2025
CONTENTS OF THE FINANCIAL STATEMENTS
Page
Reference and Administrative Details
Report of the Trustees
Independent Examiner's Report
Balance Sheet
Statement of Financial Activities
Cash Flow Statement
Notes to the Financial Statements

Grace Community Church Annual Reports- Year Ended 31/March/2025
REFERENCE AND ADMINISTRATIVE DETAILS
TRUSTEES
O Alade
B Alade
R J Evans
D A Parish
JPutt
M Salter
REGISTERED OFFICE
229 Bedford Road
Kempston
Bedford
Bedfordshire
MK42 8DA
REGISTERED COMPANY NUMBER
11595189 (England and Wales)
REGISTERED CHARITY NUMBER
1180195
INDEPENDENT EXAMINER
HW Bedford Limited
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN
Pagel I

Grace Community Church Annual Reports- Year Ended 31/March/2025
REPORT OF THE TRUSTEES
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial
statements of the charity for the year ended 31st March 2025. The trustees have adopted the provisions of Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective l January 2019).
OBJEcfivES AND ACTIVITIES
Objectives and aims
The Church exists to promote the Christian faith directly in its immediate community or indirectly further afield through partnership with
similar churches and organisations. The Church meets regularly to worship God for who He is, and to thank Him for all He has done for us.
We have always had a strong emphasis upon teaching the Bible, and our leaders are committed to explaining the Bible in a way that is
contemporary, accurate and relevant. We review all our meetings on regular basis to ensure they remain accessible, helpful and clear.
Belief in Jesus restores our relationship with God and helps improve our relationships with others. We aim to show this through love and
commitment within the church and by serving our wider community, focusing especially on caring for those who are poor, needy, or
vulnerable. Both individual members and the church as a whole are dedicated to this mission.
The Trustees and Officers regularly review activities to meet these goals. The Church's Mission Statement is: To know Jesus and to make
Jesus known. Its core values are commitment, compassion, and courage.
Public Benefits Statement
The church schedules regular Sunday services (both morning and evening), along with midweek meetings focused on worship, teaching,
and prayer. These activities are open to everyone and are intended to explain the Christian faith and the principles of the Gospel.
The church offers several groups for families that meet either on Sunday mornings during the service or during the week in term-time.
These groups provide Bible instruction and activities tailored to different age ranges. The church maintains a safe and welcoming setting
for young people who attend.
Throughout the year, "Explore" courses are offered to those who wish to learn more about the Christian faith, ask questions, and explore
spiritual matters in a welcoming and open environment.
The church organises various activities aimed at serving the community in Kempston and Bedford:
In partnership with Christians Against Poverty, the church provides practical assistance for individuals facing financial
challenges.
The church hosts a monthly lunch for seniors, offering free meals, opportunities for social interaction, and a brief gospel
presentation.
In collaboration with the Trussell Trust, the church operates a Foodbank distribution centre.
The church facilitates groups for men and women who may be isolated and seeking support. participation is free and open to
Financial review
The Church relies on donations for 98% of its income, sourced from members and the local community.
Unrestricted income increased to £613,140 (2023/24: £513,023), plus £22,949 (2023/24: £11,050) of other unrestricted income,
totalling £636,089 (2023/24: £524,073).
Unrestricted fund expenses rose to £553,241 (2023/24: £519,480). After transfers, the general unrestricted reserve was
£131,059 at year end.
Plans for Future Periods
We appreciate our volunteers and staff and look forward to continuing our work In Bedford and nearby areas.
We hope our application to build a centre on donated land is approved. This space will serve Church meetings, host community
activities, and be available for other local groups to benefit the Kempston and Bedford communities.
Pagel 2

Grace Community Church Annual Reports- Year Ended 31/March/2025
STRUCTURE GOVERNANCE AND MANAGEMENT
Appointment of Officers and Trustees
The Church maintains that its officers, including Elders and Deacons, are selected by divine guidance for their respective roles, with such
appointments acknowledged collectively by the congregation. Consequently, officers must be Church members and are appointed by
fellow members during designated meetings. These positions of elders and deacons are typically held for an indefinite period.
Occasionally, officers may depart from the Church or reprioritise personal commitments, leading to resignation from leadership positions.
Any subsequent changes in officers are determined by Church members at specially convened meetings. In accordance with the
Memorandum and Articles of Association, certain officers may also serve as Trustees and Directors.
Governance of the Church is entrusted to a Trustee board, which must comprise a majority of elders and a minority of paid Trustees,
whether employed or otherwise.
For the year ended 31 March 2025, the Trustee composition was as follows:
M. Salter- Elder and paid employee
J. Putt- Elder and paid employee
C. Atkinson - Elder and paid employee
B. Alade- Deacon and unpaid volunteer
O. Alade- Deacon and unpaid volunteer
C. Almond- Elder and unpaid volunteer (resigned January 2025)
D. Parish - Deacon and unpaid volunteer
R. Evans- Elder and unpaid volunteer
To foster ongoing development, the Charity recognises the advantages of limited terms for Trustees" accordingly, every two years, two-
thirds of Trustees retire and are succeeded by new appointees.
Other employees
In 2024/25, the Church employed a total of 14 staff members, consisting of 7 full-time and 7 part-time employees (excluding Trustees).
Among these, five served as Elders. The other staff members were responsible for providing family care, supporting vulnerable and needy
individuals, and handling administrative tasks.
Reserves policies
At the end of the year, the Church reserve was £131,059 (compared to £94,292 in 2024). This fund is allocated to support future ministry
needs, cover emergencies, and address any decrease in giving that may occur over a six-month period.
Investment policy
The Church does not maintain long-term surplus funds, and any bank balances exceeding working capital are placed in deposit accounts
approved by the Trustees. No formal investment policy is currently in place.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the
. 2025 and signed on the board's behalf by:
mp
ny directors, on
Christopher Atkinson - Trustee Chair
Pagel 3

Grace Community Church Annual Reports- Year Ended 31/March/2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GRACE COMMUNITY CHURCH BEDFORD
Independent examiner's report to the trustees of Grace Community Church Bedford ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation
of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for
independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities
Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section
145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified
to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the
listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me
cause to believe:
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act- or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that
the accounts give a true and fair view which is not a matter considered as part of an independent examination. or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice
for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard appliable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this
report in order to enable a proper understanding of the accounts to be reached.
Alberto Di Lorenzo FCA
HW Bedford Limited
First Floor, Woburn Court
2 Railton Road
Woburn Rd Ind Est
Kempston
Bedfordshire
MK42 7PN
Date:.............................................
Pagel 4

Grace Community Church Annual Reports-year Ended 31/March/2025
BAIANCE SHEET- At 31/March/2025
Fund Type
Designated
Unrestricted
Restricted
Total
2025
Total
2024
Notes
FIXED ASSETS
Tangible assets
12,997
12,997
2,363
CURRENT ASSETS
Debtors
Cash at bank
10,667
108,461
119,128
103
10,770
202,196
212,966
15,230
247,322
262,552
50,991
51,094
42,744
42,744
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS
(1,066)
118,062
(840)
50,254
(4, 160)
38,584
(6,066)
206,900
(76,590)
185,962
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds
Designated funds
TOTAL FUNDS
131,059
50,254
38,584
219,897
188,325
131,059
50,254
38,584
94,292
64,220
29,813
219.897
188,325
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended
31st March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in
accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for:
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act
2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of
each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and
395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on ..-..-.-......-.-........ and
by:
signed on its behalf
opher Atkinson - Trustee Chair
Pagel 5

Grace Community Church Annual Reports- Year Ended 31/March/2025
STATEMENT OF FINANCIAL ACTIVITIES
Fund Type
Designated
Unrestricted
Restrirted
Total
2025
Tota I
2024
Notes
INCOME FROM
Donations and legacios
636,089
52,238
688,327
597,168
EXPENDITURE ON
Direct charitable expenditure
Support costs
Total expenditure
Net Income/(Expenditure) Before Transfers
532,706
20,535
553,241
66,204
37,310
636,220
20,535
656,755
634,083
25,534 i
659,617
66,204
37,310
82,848
(13,966)
(37,310)
31,572
(62,449)
Transfers between funds
Net Income/(Expenditure)
(46,081)
36,767
46,081
8,771
(13,966)
31,572
(62,449)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
94,292
131,059
64,220
50,254
29,813
38,584
188,325
219,897
250,774
188,325
CASH FLOW STATEMENT
Cash flows from operating activities
2025
2024
Net Income/(Expenditure) for the reporting period
(As per the Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest receivable
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities
31,572
(62,449)
887
{3,885)
4,460
(70,524)
(37,490)
1,575
(3,508)
(98)
66,108
1,628
Cash flows from investing activities
Purchase of tangible fixed assets
Investment income
Net cash provided by/(used in) investing activities
(11,521)
3,885
(7,636)
(2,351)
3,508
1,157
Change in cash and cash equivalents in the reporting period
Opening balance
Closing Balance
{45,126)
247,322
202,196
2,785
244,537
247,322
Pagel 6

Grace Community Church Annual Reports- Year Ended 31/March/2025
NOTES TO THE FINANCIAL STATEMENTS
Statutor
Information:
Grace Community Church Bedford is a charity registered in England. In the event of the charity being wound up, the liability in respect of
the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page I
of these financial statements. The nature of the charitvs operations and principal activities are stated on page 2.
Accountin
Policies:
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with
the Charities SORP {FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019),, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
Income recognition
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is entitled to the income,
performance conditions are met, amounts can be measured reliably, and receipt is probable.
Donations are recognised once the charity is notified of the amount and settlement date in writing. If donations have conditions requiring
performance, income is deferred until those conditions are met or under the charity's control and likely to be fulfil led.
Tangible fixed assets
Fixed assets are recorded at their original purchase cost and are subject to depreciation over time. Office equipment typically depreciates
at an annual rate of approximately 25%.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds are available for use towards the charity's objectives at the trustees, discretion. Designated funds are allocated by the
trustees from unrestricted funds to support specific anticipated expenditures of the charity. Restricted funds must be used for particular
purposes within the charity's objectives. These restrictions are set either by the donor or when funds are raised for defined purposes.
Tan
ible Fixed Assets:
Office Equipment
Additions
11,521
887
COST
Opening
56,357
53,994
Closing
67,878
54,881
DEPRECIATION
NET BOOKVALUE
2,363
10,634
12,997
Debtors: Amounts Fallin
Due Within One Year:
Loans outstanding
Income tax recoverable- gift aid
Prepayments
Other debtors
2025
930
8,185
1,617
38
2024
930
7,435
6,865
Total Debtors
10,770
15,230
Creditors: Amounts Fallin
Due Within One Year:
Deferred grants
Accrued expenses
Other creditors
2025
2024
5,000
71,472
118
5,969
97
Total Creditors
6,066
76,590
Pagel 7

Grace Community Church Annual Reports- Year Ended 31/March/2025
Movement in Funds:
2024
Income
Unrestricted funds
General fund
Restrirted funds
Training fund
Building fund
Needy Persons fund
Other funds
Total Restricted Funds
Designated funds
Tithe fund
Expenditure
Transfers
2025
94,292
636,089
(553,241)
(46,081)
131,059
43,629
5,356
14,885
350
64,220
16,250
33,682
925
1,381
52,238
(24,924)
(36,030)
15,070)
(180)
(66,204)
34,955
3,008
10,740
1,551
50,254
29,813
{37,310)
(656,755)
46,081
38,584
TOTAL FUNDS
188,325
2023
688,327
Income
219,897
2024
Unrestricted funds
General fund
Restritted funds
Training fund
Building fund
Needy Persons fund
Other funds
Total Restricted Funds
Designated funds
Tithe fund
Expenditure
Transfers
115,351
524,073
(519,480)
{25,652)
94,292
36,645
9,148
24,013
5,326
75,132
12,499
55,420
455
(5,515)
(59,212)
(9,583)
(11,279)
(85,589)
43,629
5,356
14,885
350
64,220
4,721
73,095
1,582
1,582
60,291
{54,548)
(659,617)
24,070
29,813
188,325
TOTAL FUNDS
250,774
597,168
The expenses paid out of the various funds are explained below:
Designated Tithe Funds
Tithe Fund
Previous Year, unrestricted donation income
2025
2024
38,584
558,855
46,081
586,118
7.9%
Restricted Building Funds
During the current financial year, donations amounted to £33,681 and expenses totalled £36,030.
Restricted Training Funds
Training costs cover compensation, course fees, travel, and materials. Last year, one trainee completed in summer and another began in
September.
Donations and Le
acies
Fund Type
Designated
Unrestricted
Restricted
Total
2025
129,084
429,005
107,289
12,949
10,000
Total
2024
86,427
399,753
99,938
11,050
Ordinary donations
Income from gift Aid donations
Gift aid
Other Income
Legacies
88,209
419,915
105,016
12,949
10,000
40,875
9,090
2,273
Total Donations and legacies
636,089
52,238
688,327
597,168
Pagel S

Grace Community Church Annual Reports- Year Ended 31/March/2025
Direct Charitable Ex
enditure:
Staff Costs:
Salaries
Employer's national insurance
Employer's pension contributions
Total Staff Cost
2025
367,875
29,891
27,492
2024
316,896
24,704
24,006
365,606
425,258
No employees received emoluments in excess of £60,000.
Trustees, Remuneration and Benefits:
Dr Martin Salter, Jon Putt (appointed 18 March 2024), and Christopher Atkinson served as Church Elders and Trustees this year. Their
total remuneration, including employer Nl and pension contributions, was £166,482 (2024: £157,663). Trustees acting as Elders incur
reimbursable costs for the Church, but no expenses are incurred for their Trustee duties.
Elders, and Deacons, Costs- Including Training:
Training costs
General costs
Elders, book allowance
Total Elders and Deacons
2025
8,028
3,695
803
2024
7,006
6,434
697
12,526
14,137
Remaining Charitable Expenditure:
Members & visitors cost
Facilities & catering costs
Costs of other outreach events
Publicity & Communications
Donations & grants
Planning & development costs
Total remaining charitable expenditure
Total Direct Charitable Expenditure
9. Su
ort Costs:
2025
2024
16,714
52,505
7,375
56,614
32,547
21,473
28,876
19,966
44,345
77,119
59,212
254,340
36,030
198,436
636,220
634,083
Professional Fees & Subscriptions:
Subscriptions
Accountancy
Payroll fees
Other Professional costs
Total Professional Fees & Subscriptions
2025
4,084
2,491
1,491
6,272
2024
9,829
2,490
1,201
232
14,338
13,752
Examiner fees of £850 (2024: £850) are reported under accountancy costs, and are classified as governance costs.
Remaining Support Charges:
Bank charges
Equipment, insurance & depreciation
Total remaining support charges
2025
2024
1,356
1,148
4,841
6,197
10,634
11,782
Total Support Costs
20,535
25,534
10. Related Par
Disclosures:
There were no related party transactions for the year ended 31st March 2025.
Pagel 9