Grace
Church
Annual Report and Financial Ststements
For the Period Ended 31 December 2024

(htkn (kna4n•a Pyot
For the year ended 31 December 2024
7. Reference and Administrative Details
Page 3
2. Structure. Govemance and Management
Page 3
Page 4
Page 4
3. Objectives and Activities
4. Achievements and Performance
5. Financial Review
Page 6
6. Policy on Reserves
Page 6
Page 6
7. Going Concern
8. Plans for the Future
Page 7
9. Statement of Trustees, Responsibilities
Appendix A.. Receipts and Payments Account forthe year ended 37
December 2024
Page 7
Page 8
Appendix B.. Statement of Assets and Liabilities as at 31 December
2024
Page 10
Appendix C.. Independent Examinerfs Report
Page17

i. Rew OefA
Charity Narne:
Charity Number
Principal Address:
Grace Church Corfe Mullen
1193086
36 Hadrian Way,
Corfe Mullen.
Wimborne,
Dotset, BH213XF
Trustees:
Rev Stephen Utley (Chairl
Mr Michael Nash
MrAlan Pike
Treasur•r
Mrs Jennifer Scott
Independent Examiner
Mr. Martin Arthur FMA4T. FFA, FIPA. MIH, ACIE
The Old Post Office. 56 Dofchester Road
Lytchett Minster. Poole, BH16 6JE
Solicitors
Edward Connor Solicitors
10 The Point. Market Harborough,
LE16 7QU.
Banker&'
Bardays PLC
Leicesiei.
LE87 2BB.
Grace Church Corfe Mullen is a registered charity governed by a CIO constitution
adopted on 8 December 2020.
Primarily, the Trustees are those that hold the Church Offices identified in Settions 9 & 10
of the Constitution. New Pastors/Elders should be identified by the current Eldership and
presented to the Church for their affirmation. Elders and Pastors will require a 75%
majority ofthe members present and voting at a Church Business Meeting in order to be
appointed.
In addition to this the Trustees added some additional rules for recruitment of trustees.
Whilst adding broader scope to the role of trustee. the rules seek to rriaintain the fidelity
of the role of trustee. as laid out in the constitution. as far as possible.

3. OW
The principal purposes of the Charity are=
the advancement of the Christian faith in accordance with the Basis of Faith, primarily. but
not exclusively. within Poole and the surrounding neighbourhood.. and such other
charitable purposes as shall. in the opinion of the charity trustees. put into practice the
Christian faith in accordance with the Basis of Faith. including not limited to: the
prevention and relief of need. hardship and sickness-, the advancement of education.. and
the provision of facilities in the interests of social welfare for recreation or other leisure time
occupation of individuals who have need of such facilities by rea50n of their youth, age
infirmity or disability, financial hardship or social circumstances with the object of improving
their conditions of life,. provided that the advancement of such purposes must be
undertaken in a manner that is consistent with the Doctrinal Distinctives and Ethical
Statements as may be adopted and amended by the Church from time to time.
Our main attivities include:
Weekly Sunday worship ServI￿S
Bible study groups and prayer ffleetings
Family ministry
Men's Groups
Women's Groups
Sports Clubs
Evangelistic events and outreach in the community
Support for local and overseas mission partners
Support for members and families in need
4 aa Pe4•M
In 2024, by God's grace. the church has made significant strides following the difficulties
and challenges of 2023. It became evidentthatthe opportunity on the Waterloo Estate
had come to an end and the elders prayed regarding a way forward.
An opportunity then arose forthe Grace Church to move to a purpose-built church
building owned by the Central Hall Trust in Corfe Mullen. The trust made an invitation to
Grace Church to begin public ministry from the building as of 21 April 2024. granting us a
one-year licence to occupy part of the building and use the main ministry areas. The trust
agreed to cover all costs of the building including upkeep, maintenance and utilities,
making no chargeto Grace Church. forwhich we are grateful to the Central Hall Trust and
thank God for his gracious provision through them.
Subsequently. we were informed thatthe owner of the building we were using in
Plantation Road. Poole. had placed it on the marketfor development. By the grace of
God. a door had been opened before it was necessary to move.

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We currently use the building exclusively on Mondays. Tuesdays and Sunday Mornings
Iothertimes by consent with other occupants) but. we have been able to establish the
ministry of Grace Church and see considerable growth in the work of the church.
As well as our regular Sunday Morning worship service and Tuesday Prayer meeting and
Biblè Study. we have seen the addition of a Table Tennis Club which is free to access and
open to the whole community. We have also stsrted a Men's Breakfast on a monthly basis
and there are plans to stsrt a Ladies group. also monthly.
We have been able to reestablish our monthly community lunches which are free and
open to all. We also held our Carol service at Central Hall and had the largest support
from the local community that we have seen in recent years.
We also SUPPOrted the local food-bank with a large food donation following the Harvest
service and for the firsttime, we supported The Samaritan's Purse with Operation
Christmas Child by supplying shoe-boxes packed with gift5.
We are thankful for all the people who volunteertime and effort willingly. those who
financially support the church and all who are dedicated to praying for the continued
work of the Gospel at Grace Church. Grace Church has also seen an increase in regular
attendance. with the attendance beginning to increase steadily.
In December 2024. Central Hall Trust approached Grace Church and offered us a further
ten-year licence to occupythe whole buildin9 as of March 2025.
We continue to be part of the FIEC (Fellowship of Independent Evangelical Churches) and
we have also strengthened ties with a local grouping of Gospel-centred churches -
Wessex Gospel Partnership. The aim is to strengthen and support each other with the
shared aims of the Gospel.
The trustees also passed a resolLrtion to ask permission of the Charity Commission to
change the name ofGrace Church Waterloo to Grace Church Corfe Mullen in orderto
reflect the new centre of operation of the church.
In summary. atthe end of 2024 the church has had an optimistic year. following a very
difficult two years. It is both optimistic and resilienL It is growing ivs mission to support
and serve the local community wwth the Gospel of Jesus Christ and continues to advan
the Christian fatth, support those in need. and loster a spirtt of fellowship.

s. R
Total income for 2024 was £26,379, with total expenditure of £13.696. The church ended
the year with a balance of £87,176.
Our income was primarily from regular giving by members. with additional income from
gift aid. Expenditure included ministry costs, property maintenance, and giving to
mission.
The trustees aim to maintain reserves sufficientto cover 3 months ofcore operating costs,
currently estimated at £25,000
6. Poa*-
The Trustees will consider the level of reserves that is prudent for the Church to have
when agreeing the annual budget. The trustees made a decision in 2022 to remunerate
the Pastor ofGrace Church Waterloo at an annual rate of £6000 per annum subjectto
review. This is currently unable to be reviewed as Trustee's are either ineligible to make
financial matters or have a conflict of interest in this regard. It will be reviewed when new
trustees are appointed in 2025. Previously. the trustees were looking at the possibility of
moving from rented accommodation to a permanent location, and increased the reserve
from £5,000 to £25,000 when the budget was set in 2023. As the Central Hall Trust have
provided Grace Church with a ten year license to occupy at not cost to Grace Church, this
level of reserves will be reviewed again when the budget is set in 2025 and regard will be
given to the new factors and change in circumstances.
Consideration will be given to future strategy, and any other significant factors that should
arise, were the Church to close or relocate.
The Church also maintains a separate savings fund which is held in a separate bank
account and a separate cash book is maintsined for this. All receipts which are designated
to be for the savings fund are deposited into this account.
At the time of approving the financÉal statement the trltstees have a reasonable
expectation thatthe support ofthe Church's bankers and Church congregation will
ensure the Church has adequate resource to continue in operational existence of the
foreseeable future.

Looking ahead to 2025 and beyond, we plan to:
Change the name of the church to Grace Church Corfe Mullen
Grow the trustees of the charity
Undertake more overt evangelistic activty
Increase awareness of the church via publications and online
Begin a ladies group in the church
Engage further with the immediate communty.
Grow the Church leadership
Grow the trustees
Some ofthese will be planned in 2025 with an eye to 2026 when Grace Church will have
increased usage of Central Hall.
The trustees are responsible for preparing the trustees, report and financial statefflents in
accordance with applicable law and the Charity Commission's guidance.
Appendix A: Receipts and Payments Accountforthe year ended 31 December
2024
Appendix B: Ststement of Assets and Liabilities as at 31 December 2024
Appendix C. Independent Examinerfs Report
Approved by the tmstees and signed on their behalf by
Rev. Steve Utley
Chair of Trustees
Date: 8 October 2025

36H&drianW￿.CthmdWSwYTrbD￿. tknTsrtE1121 3XF
Appendix A: Receipt5 and Payments Account forthe yearended 31 December 2024
Unrestrirted
Restrirted
2024
Fund5
Funds
2023
RECEIPTS
General Offerings
Covenant and Gift Aid
19.848
19,848
19,038
5,899
5,899
7,392
Interest Received
456
456
286
Gifts
176
176
Grants
Legacies
INCOME
26.379
26.379
26.716
PAYMENTS
Ministerial Expenses /
Conferences / Honorariums
6,420
6.420
6,560
Evangelistic Activities
211
211
186
Premises Hire
1,636
1,636
4,084
Marketing
980
980
100
Catering
531
531
234
Subscription5
548
548
310
Administration (Stationary,
church supplies, fuel, sundriesl
Casual Expenses
Professional Fees. Bank
Charges, Insurance,
530
530
121
162
162
122
761
761
654
AV&PA
34
34
170
Grant5 and gifts
Subtotal
171
171
1,153
11.948
11.948
13.694
ASSET AND INVEsfMEKT
PURCHASES

Equipment
1,712
1,712
Subtotal
1.712
1,712
TOTAL PAYMENTS
13.696
13.696
13.694
Net of Receip￿/PayMents)
Transfers be￿een funds
Transfers in
Fund balances broughtforward
Fund balances carried forward
£ 74,493
£ 74,493
£ 61,470
£ 87.176
£ 87.176
£ 74.493

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Appendix B: Statement of Assets and Liabiltties as at 31 December 2024
Unrestricted
Restricted
2024
Funds
Funds
2023
Cash at bank and in
hand
£ 87,176
£ 87,176
£ 74,493
Grace Church Waterloo
Current Account
£ 56.400
£ 56.400
£ 44.173
Grace Church Waterloo
Savings Account
£ 30.776
£ 30,776
£ 30,320
Total Cash Funds
£ 87.176
£ 87.176
£ 74.493
Investment Assets
Property l Land
Assets retained for the
Charity's own use
Property / Land
Movable church
furnishings, audio visual
equipment, ICT, Kitchen
equipment, Youth
Equipment
3.232
3.232
2.565
Liabilities
Amount due to suppliers
10

Martin Arthur
Skye Cottage. 8 Bennett Road, Bournemouth
Dorset BH8 8QF
Telephone." 01202 621622
Independent Examine¢s Report to the Trustees of
Grace Church, Poole. Dorset
Independent examinerfs report to the trustees of Grace Church, Poole.
Dorset.
I report to the charity trustees on my examination of the accounts of the Grace
Church, Poole. Dorset (Charity) for the year ended 31SI December 2024.
Responsibilities and basis of report
As the charity trustees of the Charity. you are responsible for the preparation of
the accounts in accordance with the requirements of the Charities Act 2011 ('the
Act,).
I report in respect of my examination of the Charity's accounts carrred out under
section 145 of the Act and in carrying out my examination I have followed all
applicable Directions given by the Charity Commission under section 145{5){b)
of the Act.
Independent examinerfs statement
I have completed my examination. I confimi that no material matters have come
to my attention in connection with the examination giving me cause to believe
that in any material respect:
accounting records were not kept in respect of the Charity as required by
section 130 of the Act- or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the
form and content of accounts set out in the Charities {Accounts and Reports)
Regulations 2008 otherthan any requirement thal the accounts give a true and
fair view which is not a matter considered as part of an independent
examination.
I confirm that there are no other matters lo which your attention should be drawn
to enable a proper understanding of the accounts to be reached.
Martin Arthur
FMAAT, FFA, FIPA. FFfA, MIH, ACIE.
4th October 2025
a￿rj Arthuris licensed and￿Ulatedbyrhe A&8wabt)n of Accounting
TechnACAans to wvide services in accordance wth License No. 2208
detsAls of wlJi¢h displayedèf Ihe rwstererj 8d￿￿$S slk)wn below.
Cknb
Owner." Martin Arthur FMAA T. FFA. FIPA. FFTA. MIH, ACIE