Charity registration number 1185718 (England and Wales)
GRACECHURCH BROMSGROVE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

GRACECHURCH BROMSGROVE
LEGAL AND ADMINISTRATIVE INFORMATION
Tw$tsès
Dr J Coleman
Mi R Hopkins
Mis R tl'x¢
MrT Prit¢hard
Mr l Dixon
Miss S CoFvad(
Charfty number
1185718
Princlpal addrèss
3 GuTkJ Road
Br0rn5giove
Ww¢¢st¢rshi
860 2BY
Independent examiner
Colm MGGriyy
Theoa
Kidderminster Road
DrO1￿1¢h
Wotcestershiie
WR9 9AY

GRACECHURCH BROMSGROVE
CONTENTS
Page
Trustees. repcffl
Independent examinefs rep(Ki
statement of fman(#813ctivthès
Balance sheet
Notes ltr the finanual statèments
7-14

GRACECHURCH BROMSGROVE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Irustèès presenl their annual rep￿ ffinancial statements for the year ended 31 Marth 2025.
The financial Slalemenls have been prepared in aC0)rdan￿ wth the ac¢wnting polirAes sel out ￿ note 110 th
finanaal stalemenls and compty wrth charitls CIO constitution, the Charitiès Acl 2011 and "Accountwig and
Reporting by Charities.. Slalernenl of Re¢ommended Praclice ap￿Kable to charttses proparing their accounts in
¢¢xd8nce wilh the Financial Reporting Standard appknca￿e in th& UK and RewblK of I￿larnd {FRS 1021
{effective 1 January 2019}".
Oblecdves and activitiès
The charitable objectives are as folows..
) The advancement of ihe Chiisban religM)n in the United TrQngth)m anLI owseas.
ill Tho a￿va￿ement for the putAK benefit of rdigious aThJ other edwation.
iiil The ieliel f)f the sick and disabled.
iv) Such other charitable purposes a5 the trustees in tt￿1[ absokrte discsel*)n think fit
en planning our a￿￿1￿¢$ for the year, the trustees have tt)mplied with lh￿r dut*s uThkr section 17151 of the
2011 Charitie5 Ad lo have ijue regard to guhlance pubfished by thè Charity Commission's on public benefil and
in partbcular the specific guidance (m charities for the advarKemenl of i*ion. This is achieved through So￿81
suppprt lo the elde￿ and poor, ed￿tIOnal c(MJrses and regular Sunday rTEekngs.
The truslees have paid due iegard lo guidance issued by the Charity Commission in decidiThJ what aGtMlies the
tharity should undertake.
Achlevements and p*rfoman¢•
Significant activitie¥
Particular ways in which thè tibiectives have been fuffilled uiclutje:
Regular Sunday afternoon meetings open to the putitc and induding leathing on ihe Christian fatth.
Education￿ course5 to teach on the Christian faith (Awa ¢DursÈs open to the publicl.
Involvement in Churches Together initiatives suth as Streei Prayer whth ar¢ open to everyone.
General provision ol soual 5UPPOrt to mèmbers and rton-member5 oflhe chaity.
House groups for members and rwmemb8rs ¢)f Ihe Charity, meeting regularty for prayèr. study and
mutual support.
Specific donations lo Chaiiiies and ndiwduab working in Chuithes in Turkey, Uganda and EaStAff￿a.
Specific donations lo a famrly providing med￿7 and practical support at a hospiial in Zarnbia.
Regularty serving the community with events throughoul the year whith iNJLJde assistu)g local people
and organisalions to carry out gardenin9, painting. litler picking elc. Also to hokl annual ovents open lo
the gen8ral publi¢ such as a quiz nKJht, summw BBQ and Chrislmas party.
Weekly soc4al group and meaj for the Charford wmmunty al Sl Andrews thuwch hall kn(￿n as Open
Doors which includes BitAe teaching aThJ actimties.
Regular activities for young people, w)duding taking a party to a summer camp organised by
Newfronliers (Newdayl.
Regular provision ol meals to Ihe community. at no tharge.
Involvement. trrfJethèr wrth olher churches in Ihe ￿3. M) the pro￿SKIn of Street Pastors lo support
members of the publi¢.
Employmènt of a Recovery C(MHmunity Developrnenl ￿ke[ for anè day a week to build on. and
develop, new and existing stwdures Iththin the community lo support those wilh dru9 and alcohol
addiction. Al￿954￿ Ihis we are looking 81 workuig with olhers in the setting up of a residential drug and
alcohcd 're￿Very. house in Bromsgrove. Endtsrsern￿ts from the rècovery wup include.. "Thought
provokin9 and supporlive session, where al opinions are V￿u￿1.."Asafe no blame environment
The Charity relies on (lonalions Irom membets of the ¢haiity. This Ir￿ was n line Yrilh expoctalion. There
were no additional fundraising acbvitses.
Grantmaking
When the budget 15 sel. after discussions with the elders and Ihe twslees. amovnts to be gfftèd as donations to
third part*s are agreed and budgèlèd for.

GRACECHURCH BROMSGROVE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanclal revlew
The net result for the year was a surplus of £36.36312024 defiat.. £2.8211. The th￿lty receNed dwtions and
legaGies. and investment income amounting lo £101.85212024." £416,574) of whith £65,48912024.' £49,395) was
spent in pursuit ol the charily's objectives. At 31st March 2025 £24.780 (2024: £19.518) was held as restrictèd
funds and £120,78212024= £89,681) was held as unrestrided funds.
01 the unrestritaed fvnds. a stgnificant sum has been allocated to the (levelopm*nl of drug and akcljol support
Services in Bromsgrove. In 2020 we employed a Recovery Community Devek•prnent Worker for one day a week
lo build on. and develop, new and exTrsting stnthres ¥wthin the commnity to 5UPPOrt those with drug and
akohol addiction. We continue to do tru"s. It has bèèn suttessful in ￿ming links with estsbli5hed substance
misuse oiganisations. receiving referrals frcfft County Ser￿. Group meetings c¢ntinue to be much needed and
arKI appreciated. paibcLJlarty over the lasl few years wrth reduced soryal 1x￿laC1.
Abngside this we are looking al wothing with olheTS in the setting up of a re5identiHI dwg 8nd akohol 'recovery'
use in. or around. Bromsgrove. We envisage that the need for yjch support will remain in thè current financial
dimale. These efforts have been extensive this year and are cb)se to be￿ng fruit. The opening and running
of a recovery house wll be a signrfKani finan¢i>J burden lor the charity. we have been saving and preparing
for thi5 and are very confident that we WI￿ be fully able to fin3nci3ty support c￿r partners in this venlvre.
Reserves policy
The charity aim5 to have reswes equNaknt to Ihree months of average expenses. currenuy around £15.000.
This is reviewed annualy. This level ol r85erv¢ would enable GracectrHJrch to fulfil its ongoing eommitmenls lo ils
slaff and agreemenis lo lease and hire laGilities aThl ¢onbnue its normal operating activities should a shorfall in
ncome Lx unexpe¢ted costs arise from time lo lirne.
In delermtning the level of reseNes. the Trustee5 took into a¢¢ounl the t%rrently k)w levels of fixed expenditure
and risk incurred by Ihè TNst. The charity has no inveslments other thaTr ￿￿k a(uunis vthich are used to
perform the day to day activities.
Ri$k managtmènt
The liuslèes idèntify Ihe major risks lo wh￿h the charrty is exposèd exh fina￿131 year when prep8ring arKI
updating a slfalegic plan. in partt(JJlai those relathng to the operalK)ns and finances of the charity. The Ifu51ee5
Ihen review major iisks which have been identified, and estatAish syslerns lo milvJatÈ tIK>$Q fisks. The charity is
satisfied that systems are in place lo mibgate th￿r exposure to the major ri5kswhich have been so 1dentffj￿d and
teviewed.
The tharity is open to Ihè usual financlal risks of any wganisalion. and the charity has introduced ¢ontrols to
minirnise these risks. including prO￿d￿reS lo prevent fraud. In aihJ"rtion. the accounts are regularty explained lo
members of the chanty in open tlleelin9s where all are ￿Vited. They are OFen for mèmbèrs inspection al any
timè. The finances are subject to an inde￿ndent Attountancy review. The c*arity carriès 3 comprehensive
InSu￿nCe pclw.
Work with children and vulnerable adults 15 open to risk. The W￿1¢Y is lh* any visits and counselling is done in
pairs. as is chiklren'5 woth and the transport of Ihese individuals. We have 8 5aleguardry p¢liw. Both Elders of
tho Church and some ofthe Trustees ha￿ ènhanced Safeguardw)g training Ikvel 2&31. We use the independent
ht.or
trainiry and support organisation Thirtyone:evJhl for training and advKe when netrd8d.
All workers are required lo be deared by the DBS.

GRACECHURCH BROMSGROVE
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Slwc￿r0j grjvernance and managem*
Thè charity Is a Charitabte IncorrKJrated Owanisakn aThl Is C￿￿titUt￿ und8r a Trugt Deed dated 19th
S8ptsrrt*er 2019 Bnd is ￿gIstered Mlh the Comrriwin *ith 1185718. The CIO wrrently
8mploys mernbers ofstaff.
Th& Irust99s who seNod durng ya8ratMI up to the d*e ofsignalura erf1￿ Stat8￿nts were..
Dr J Cdeman
Mr R Hopknns
Mrs R Dixon
Mr T Prii(4)ard
Mr l Dixon
Miss S Coppack
The tnJslBOS ar8 8PWMrted on disojssion belw￿ the ehI8rs sthirg tmstees. W are slgned in as
Irustges at the first meètlNJ they attend.
Thè éldèrs ¥re Steve vInc￿rt atKI Jonath￿ Ccdeman ffvm Spir[tt￿ ￿d$trateg￿ drectlon &) Ihe Church.
Thè Iruslees meet at least fowtimes a year and tho elders and1È8dÈishlp tEam mt monlhly to di5CJJSS and
plan objecuves and thts impl￿entatiOn trereof. klatters ofcryKem are Tatsed with au rwntErs.
Staff of Ihe charfty have delegated •JWK)rity to cwry ￿t￿•Y to day thlbeswithin pol￿4&S agro8d by tho board.
E¢umenScal r•lalltsn5hips
Gra¢gchurth works dosèty vAlh c4her Chrfsti￿ (*ganisatsons such as and tho Evangell¢alAlknce
and other churd)Èg in the area.
sL￿Mont of trustees. rospon¥lbll#i
The trustees are respon. sibig for preparing the Tmste8s' ReF(rt the statements kn acccwdancg with
ap￿l￿ble law and United Kingdcwn A(xx)unting Stand¥ts (United Krylom Generalty A￿pIed Accounts
pra￿08).
Thetrustees. re[￿ was approved by the Bo8rd dTnBtees.
Mr l Dlxon
Trustee
Dated: .161.IL

GRACECHURCH BROMSGROVE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GRACECHURCH BROMSGROVE
I report to the Iruslees on my examinat￿n of finan¢ial stalements of Gracechur¢h Bromsgrove {the charity) for
the yèar ènded 31 March 2025.
Responsibilitie5 and basls of report
As the Iruslees of thè d)arity you a￿ responsible for the prepaiation of the ffinanaal statements in aeeordance with
Ihe requirements of the Charities Act 2011.
I report in resp8Ct of my examination of the ffinanual statemenls carried out under $8ctv)n 145 of the
Charities Aci 2011. In carnwng out my examinatiorh I have foltrwèd thè DiTection5 given by the ChaFity Commission
nder Section 14515llb) of the Charities Act 2Q11.
Indèpendènt examlnerfs ststement
Your aitention is drawn lo the fact that the charity has prepared the financial statem8nls in acLordance with the
rèl8vant version of Ihe Staternenl of RecommeThJed Practice applicablè lo charities preparing their financial
statèm6nls in accordan￿ with the Finan(ial Reporting Standard applicatle in the UK and Republic ol Ireland {FRS
1021 in proference to the Accx)untwig 8nd Reporting by Charities-. Statement of Recommended Practice issued on 1
April 2005 whi¢h is refefred to in Ihe extsnt rÈgulations tHJt has rtht ￿en withdrawn. l UTKkrsland that this has
been done in order for the financial statements lo provido a Ift￿ and far view ￿ acc>)rdan¢e with UK Generally
AccepledA¢¢ounting Practice.
I have completed my examination. I wnfim that no maiters have coThE to my 8ttention in connedion with the
examinatitsn giving me cause lo belEve Ihat in any material respe(a'.
accounting records werè not kept in resp&# ol the thatity a5 required by sectFon 130 of Ihe Charrties A¢t 2011.
the financial slalem¢nts do not accord with those reetsrds," OT
the financia1 statements do not compty vAth the applicab￿ requirements camcemirg the form and content of
financial statèmenis set out in Charibe5 (Accounts and Reports) Regulation5 2008 other Ihan any
requirement Ihal the finanaal statements give a true and fair which is not a maiter considered as part of
an independent exatnination.
I have no cort¢ems and have c￿rne #¢rtsss no olher matters in conned*Jn with the eXa￿ll￿ation lo which attention
should be diawn in Ihis report in order lo enable a prow understanding ollhe financ4al statements to be reached.
Colm McGrory FCA
The 0a￿eY
lQdderminsler Road
Dro1￿1Ch
Worce51ershire
is 9AY
Dale..

GRACECHURCH BROMSGROVE
STATEMENT OF FINANCIAL ACTivrriES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
lund$
funds
2025
2025
Totsl Unrestrletèd Restrict•d
funds
funds
2024
2024
Total
2025
2024
N¢l¥s
Incom• from:
Donations and legacies
Investments
83.811
16.238
1.449
100,049
1,803
44,1
918
45.018
1,556
Ttrtsl incorne
84.165
17.6B7
101.852
45.656
918
46,574
Expenditufe on:
Chaiitable a¢bvits"es
53.C64
12,425
65.489
48.820
575
49.395
Total gxpenditure
53.
12.425
48.820
575
49,395
Net incomel{expenditurèl and
movement in funds
31.101
5.262
{3,1641
12,8211
Reconciliation of funds:
Fund balances al 1 Auiil 2024
89.681
19.518
109.199
92,845
19,175
112,020
Fund balances at 31 March
2025
120.782
24.780
145.562
89.681
19,518
109,199
The Slalewnenl of firhan¢i* activilies indudes all gains and bs5es recognised the year. All inrAmo aThJ expenditure
derive from conlinuing a¢tMIiès.

GRACECHURCH BROMSGROVE
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Flxed a$s•ts
Tangi14e assets
11
1.076
Current as￿1¥
Cash at bar* and in h8nd
145.983
111.737
Crodltors: falllng du• ￿thIn
on8 yoar
12
(2,746).
13.614)
Net C￿r￿nt35S0ts
143237
108.123
T*￿￿1 assots lass cwrgnt Hahn￿•$
145.562
109.199
The fvnds of Ihe charity
R¢strfded inrJ)n* funds
Unrestricted funds
13
15
24,780
120,782
19,518
89,681
145.562
lQ9.199
Thè finaftaal statements wero apyo¥ed bythe trusig95 ￿...... ..... ..._.....
Mr l Dixon
. Tnjstsa

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounllng poll¢i•$
Charity infornHtion
Gra￿h￿r¢h Bromsgrove is 8 charitab￿ Incopofaled Organisation {CIO> wtth the Charity Commission fot
England and Wale5. 11 is governed by a trusl deed dated 19th SÈplember 2019 and adopted by ils members.
1.1 Aceounllng eonv•ntion
The financial statemenls have been pr4arèd in #t￿dan(* th& ctharrtls governing doujment, the
Charities Act 2011, FRS 102"The Finanoal Reporting sta￿lard appbcable in UK and Republic of I￿land-
and thè Charities SORP "Accounting and Reporting by Charilies.. Slatement of Recommended Practice
applitsble to ch3riiiès prepariw their accounts in accordance with the Financial Reporting Standard
applicable in the UK arKI Repubk of Iceknd {FRS 1021" The charity is a PublK Benerr( Entity as defined by
FRS 102.
The Charity has taken advantage of the pro¥isitsns in thè SORP fN ￿all￿eS nol to wepare a statement of
ash flows.
The financial statèmènts h3vÈ depart8(l from the char￿e$ (Accounts and Reports) Regulation5 2(XJ8 only lo
the extent required lo provide a twe and fair wew. ThK8 departure has involved following the Stalernent of
Recommended Practi￿ for charities apptying FRS 102 ralhei th￿ the version of the Slalemenl of
Recommended Practi￿ which is Teferred to in Ihe Regulaltty)s kmjt whith has since been wilhdrawn.
The financial stslements are p￿pared in sterliThJ. which is the ￿￿tIonal ￿T￿ncY of the d)arity. Monetsry
amounts in these slalemènts are rounded lo the nearest £.
The financial statements have been prepared under Ihg hi￿0￿1 o)st ¢onvention. The pmapal accounting
poliaès adopted are set out below.
1.2 Going concern
Al the lime of approMThJ the financial statements, the trustee5 have a rea￿ab￿ expectation Ihal the ¢harily
has adequate resources lo continuè #i operath)nal existence for the loreseeable fulure. Thus the trustees
continue io adopt the going concern basis of a¢¢ountirg in preparing the financHI statements.
1.3 Charltable funds
Unrestricted funds are avadat4e for use at the disc¥elion of the trustees ￿ fUrther3r￿ of their d)aritable
objective5.
Restricted funds ale subjed to $peur￿ conditions by donors or grantcrfs as lo how Ihey may be used. The
purposes and uses of Ihe restricted furKts arè set out in the notes lo the finanaal stalements.
1A Income
In¢ome is recognised when the charity is kgally enlitled to il after any perfomiance cnnditions have been mel,
Ihe amounts be rneasured reliably. and il is probable thal inwme wdt be re¢ei¥ed.
Cash donations are Tecognised on recApl. Other donatKJns are rè(x)gr)i%Èd Orn￿ thè charity has been notified
of the donation, unless perfomance condi￿OnS require deferral of the amount. Income lax iecoveiabk in
rdalion lo donations received ut)der Grft Aid or deeds of covenant is re¢))gnised al the time of the donation.
Legacies are recc>Jnised on receipt or othèrwise if the charity has teen notified of an irnpeThJing disti1t￿tion,
the atnount is known, and r￿elp1 i8 experled. Ir thè am￿nt is not krthyn. the legacy is Irealed as a
conlingenl a55el.

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting poli¢ies
(Continuodl
1.5 Expenditure
Expenditure 15 Tecoyni5ed once there is a legal or constructive oblgalKJn to Iran5fer economF¢ benefil to a
third party, it is probable that a transfer of e¢orK)mi¢ benefits tNil ￿ required in settle￿￿nI, and the amour)l of
the oblgakn can be measured ref￿bly.
Expenditure is classified by acliwty. The cosls of eac* acliwty are made up of Ihe total of diied costs and
shared ¢osls, induding supp(wt costs invclved in undertaking each activty. 01r￿t costs attributable to a single
actiwty are allocated direc15y lo that aGtivty- Shared cosis which contribute to more than one 8¢1iwty and
support costs which are not attfibulable lo a single adI￿ty are apporboned ￿e￿leen those aclivities on a basis
nsistent with the use of resource5. Centtal 51aff costs are allocated on the basis of time spent. and
depreaation c*arges are allocated on the porbon tsf thè asseys use.
1.6 Tanyibk fixed assets
Tangible r￿ed asse15 are initiaTry mèasured at cosl and subsequenty measured al cost or valuatir)n, nel of
depreciation and any impaimienl k￿e$_
Depreciation is recognised w as to wrtte off ￿)$1 orvalL￿110n of assets less their residual values over their
useful lives on the followThJ bases=
Fixtures aThJ ffittings
CompKrtei equipment
10%- 50% str3KJhl ￿ne basis
2￿- 33Yo straHJht b.ne basis
The gain ot k>ss arising on any disposal of an asset is deterrTwI as diffèrèncè bètweèn the sale
proceeds and the carrying va￿e ofthe assel and is fecogni8ed in nel incomel{expenditufy) for the year.
1.7 Impainnent of fixed assets
At each reporting ènd dale, the charily rev7ews the carrying amwnts of ils tsngible assets lo determine
whelher the￿ is any indication that those assets have sulfered an irnpairmenl loss. If any such indicalion
exists, the recoverable arllount of the asset is estimated in order to dele￿ine the extent of the impairment
loss (rf any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude cash in hand. depo￿ts held at call ￿￿th bank5. Other short-term ￿9￿1￿
investments wilh original rnaluriliès ol threè months or less. and ￿nk overdrafts. Bank overdrafts are shown
within borrowings in current lialM"litse5.
1.9 Employee bènèfits
The c0510l any unused holday enlitlement 15 recognise(l in the pe￿d in which the employee's senri¢es are
received.
Terminalion benefits are recognised immedi8tsty as an expense w￿Th the dwty 1$ demonstrably committed
to lemiinale the emrAownenl of an employee or to wowde terrn￿at￿ benefits.

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Critical •¢¢ounting estlmates and judgements
In the application of the charily's a¢¢xJunting pofKaes. the trusteès a￿ requi￿ lo make iudgemenls, estsmales
and 8ssumptKJns about the carrying amount of assets arKI Iiablitses that are not readily apparent from other
sourcès. Thè estimatès and assooaled assumptlOn5 are based on 1*5twical experience and olher factor5 that
are considered lo be reknnL A¢lual res￿lS may diffw from these e51imales.
The estimates and u￿[￿l￿g assumptions are reviewed on an onwng basis. RevisK)ns lo accwnling
estimates are recogni5ed in the WK)d in which thè estimatè is ce¥ised where the rewsion affects only that
period. Of in the peTi¢)d of the re￿510n and futu￿ ￿riods where ts I￿$￿1n affects both ujrrenl and future
peiio(Is.
Income from donatl¢n$ and lega¢igS
Unrestrlcted Restricted
funds
funds
202S
2025
Total Unrestrlcted Restricted
funds
funds
2024
2024
Total
2025
2024
0￿)atIonS and gifts
Other
80,443
16238
96.681
41,199
2.￿1
918
42.117
2,gJ1
83,811
16.238
l(K1.049
44,100
918
45.018
orng from Inveslments
Unrèstrleted R8stricted
funds
fund$
2025
2025
Totsl Unrestrl¢ted Rg¥tri¢tsd
funds
funds
2024
2024
Total
202S
2024
Inleresl recewable
354
1,449
1.803
1.556
1,556

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Exp•ndltur• on charitsble a¢tivitles
Total
2025
Total
2024
Dlrect costs
Staff costs
Hardship lfftds
Sundry co&ts
Church gatherings
General giving
Housing fund costs
Vwlnessing ¢OSts
Conferenc& and traintng costs
Small gatheiiThJs
Newday costs
Social action
7,248
442
1,694
3.437
12.694
11.983
4,267
2.518
2,118
670
1.392
6.605
350
2,448
11,470
225
4,673
2.696
694
2.479
48.463
34.600
Share of $upport and govemance costs (see note 6)
Support
Governan
15.442
1,584
13.595
1.200
65,489
49,395
Analysls by fund
Unrestricted funds
Restrictèd thnds
53.1x4
12,425
48.820
575
65.489
49,395
Support Gtssts allocated to activilies
2025
2024
Stsff ¢051s
Depieciatlon
Premises
Pi#)liTh3 aTrJ stationary
Legal and prolessional
Governan￿ c4)sts
7,247
1,076
4,714
1.798
607
1,584
6,906
741
3,651
1,713
1,21y)
17,026
14,795
Anatysed botr88n:
Total
17.026
14.795
10-

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Net movement Sn funds
2025
2024
The net rnovemenl i) funds is stated after tha[gin￿{Crediting).'
Fees payable for Ihe independent examination of thè (tharitys ffinartial
slalements
Depreaaiion ofowned tsngitAe r￿ed assets
1.584
1.075
1,200
741
Trusts•s
None ol the trustees lot any persons connected 7*Mh them) recei%*d any remuneration or benefits from the
charity during the yeai.
Employees
The average monthly number of empk)yees during the year was..
2025
Number
2024
Number
Employment Costs
2025
2024
Wages and salaries
14,495
13,511
There were no employees whose annual rÈmunerati(m was mC￿e than £60,tM)O.
10 Taxatlon
The charity is exempt from taxalion on its acii¥itss because al ils irmme is appbed fot tharrtaNe purposes.
11

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11 Tanglble fixed assfrts
Flxture8 and
tllngs
computsr
qUIwn￿t
Totsl
Co8t
At 1 April 2024
Additions
Disposals
5,312
1.745
12,701)
8.379
579
17401
13,691
2,324
13.4411
At 31 Mar¢h 2025
4.356
8.218
12,574
Depreclation and impalmient
At 1 April 2024
Depre¢iab'on charged in the year
Eliminated in respect of disposds
7.548
458
{66DI
12.614
1.075
(3,440)
617
12,7801
Al 31 Marth 2D2S
2.￿13
7.346
10,249
Camilng amount
At 31 March 2025
1.453
872
2,325
At 31 March 2024
245
831
1,076
12 Cr*dltors: amounts falling due within one year
2025
2024
Trade credilors
Accruals and deferred In￿Me
1.088
1.s58
1,650
2,746
3,614
13 Rg$tricted fvnds
At 1 April
2024
Incomlng
vesourtès
Resources At 31 Mar¢h
expended
2025
Housing fund
Hardship fund
11.792
7.726
17,687
111.9831
14421
17,4
7.284
19.518
17.687
112.4251
24.780
12-

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Restrictèd funds
(Continued)
Previous year:
At 1 April
2023
Incoming
sources
Resources At 31 March
gxpended
2024
Housing fund
Hardship lund
11.099
8,076
918
12251
{3501
11,792
7,726
19.175
918
{5751
19,518
HousiThJ fund- a fund Iu Pfowde supffj for ftrture hou*ng or txjikling proieds.
Hardship fund- a fund for use in fyturé Drug and Akohol resKlenti* rehabilrtalion servb￿S.
14 Analysis ol net assets belweon funds
Unrestricted
funds
2025
Restrlcted
funds
2025
Total
2025
At 31 March 202S:
Tangible assets
Current asset511li8bililies>
2.325
118,457
2.325
143,237
24.780
120.782
24.780
145,562
Unrestricted
funds
2024
Restrlcted
funds
2024
Totsl
2024
At 31 March 2024:
Tangible assets
Current assetsllliabilitiesl
1,076
88.605
1.076
108.123
19.518
89.681
19,518
109,199
13-

GRACECHURCH BROMSGROVE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 unrestr1¢t￿ fvnds
Th& unreslricted lunds of the charily comprise the unexpended balances of donation5 and grants which are
not subj¢¢t to specik conditi￿$ by doncKs and grantors as to how they may be used. These include
designated funds which have been set asTrde OLrt of unrestricted funds by thè trustees for specific purp05QS.
At 1 April
2024
Incomlng
resourc
Resour¢e$
•xpended
Tran$f¢rs Al 31 March
202S
HousiTh3 fund
Hardship fund
General funds
49.(KKI
3.000
1.000
{4.0001
52,¢)00
2,800
65,982
38.881
84.165
{53,064)
89,681
84.165
{53,Ch841
120,782
Previou$ ￿ar.
At l Aprll
21123
Incoming
resources
Rèsources
expÈndÈd
Transfers At 31 March
2024
Housing fund
Hardship lund
General funds
3,000
800
13.8001
49.000
1.800
38,881
45,845
45.656
148.8201
92.845
45.656
148.8201
89.681
Housing fund- lo prowdè support for future hwwg or tHj￿di￿j projgxts.
Hardship fund- a fvnd for use in fvlure Drug and Alcthd rèsidèntial rehabilitation Se￿ri￿s.
16 Related party tran$a¢tlons
The￿ we(e no disclosable relaled party transacaion5 during Ihe year {2024- none).