2022-04-30-accounts

Trustees’ Annual Report for the period

From 04/04/2021 Period start date To 30/04/2022 Period end date

Charity name: Saving Grace Worship Centre International

Charity registration number: 1194035

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance the Christian faith, in particularly but not exclusively, the provision of a place of support to the community, provision of free resources that can help individuals in turning their dreams to reality, providing teachings on the bible, living and communicating within a Christian ethos and providing relief to those in need.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Advancing Christian Faith Provision of free resources for the advancement of Christian faith Providing relief to those in need
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Yes the trustees have had regard to the guidance issued by the Charity Commission on Public benefit

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related

investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	This is our first year of operation. We have structured the charity in relation to our purpose and have put processes in place to ensure we carry out our charitable purposes. The charity registered with thirty- one eight which has provided resources and training materials for our trustees and volunteers and also supervises our safeguarding and CRB registrations for our volunteers and trustees We have ensured the provision of teaching on the bible and living and communicating within a Christian ethos. We do this by organising meetings three times a week and on Sundays so we can support our members. We also organised sessions for the young adults

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance	Para 1.41

againsl objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity got some donations from its members to fund our charitable activities and we have some surplus which we intend to apply in support of our charitable work in the coming year.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We hold the reserve so we can apply it to meeting our objectives in the coming year as we envisage greater participation in our second year
Amount of reserves held	Para 1.22	£4575.23
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Our Principal sources of fund are from church members who believe in our charitable work. We raise fund from offerings on Sundays and voluntary donation at any time from church members
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:		Foundation (CIO)
Type of governing document (trust deed, royal charter)	Para 1.25	Foundation Model Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	Saving Grace Worship Centre International
Other name the charity uses
Registered charity number	1194035
Charity’s principal address	181 Constitution Road Chatham ME5 7DJ

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 (ifany)
	Oludotun Ologunebi	Chair
	Agnes Remice	Secretary
	Racheal Alabi

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

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
Accounta nt	Carol Williams	Kingdom Accounting and Finance Solution
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Oludotun Tinuola Ologunebi	Agnes Remice
	Chair	Secretary
	24/01/2023
	24/01/2023

CHARITY COMMISSION FOR ENGIAND AND WALES SAVING GRACE WORSHIP ¢ENTRE INTERNATIONAL Recei ts and ments accounts To CC16a For th• pertod from Section A Receipts and payments Unrestrictod fund8 Ro8triGted funds to th• nurnlt £ to lh• n••rn•t £ EndowFnanl funds to th• ne•r•8t £ Totsl lund• La•t y•ar toth• m••rn•t e toth• n••rwt E A1 Rec•1 Tithe5 ond offenrvJ 5.704 ross Income or AR) 0.784 8,754 nve• •n 5,764 A3P Rent TV ¥•1 Kitchen aquipmeni forthemmrn￿fy 449 130 449 130 100 Sub tot41 1.179 1.179 A4 A•••t and Inve8tment Sub total 1.179 N•t of rnc•lptsl(payn7entsJ AS Tran•f•w¥ be￿een lund8 A6 Ca8h fundj la8t y8ar nd Cash funds thls year end 4,57S 4,57S 4,575 4,575 CCXX R1 ac￿jnts ISSI 2810112023

Section B Statement of assets and liabilities at the end of the period Unrè8trl¢ted Restrletad fLtnds fund$ to n•arMt£ io n•argBI £ Endowment fund8 to n•8r••t£ 81 Cash fund* Total ¢ash funds cmrtl¥ll Unre8tr1ct•d funds to nwrn•t £ R••trlct•d lund8 to n••rwt e Endowment funds to M•re¥t t Details Fynd to whlch Co•t lo￿OnI1> Currnnt v•lu• onol Detslls Fund to whl¢h ••t bvlon Currnnt ¥alu• Dtrtai5s B4 Assets retalned lor tho charlty'• own uso Fund toYknl¢h Amount du• Wh•n du• Details 85 Llabllltle• s￿￿•d by onè or trus￿•# on b8half of all Ihg tru$tse8 Slgnature Prlnl Name Date of roval oLkAf)L) I VLILI Ol4)CIvLJL•I (sThJ I L tr 2oJ3 20T lvl CCXX R2 accounts ISSI 2810112023

Section B Statement of assets and liabilities at the end of the period Unr¢¥tricted funds to n¢•Mt £ Rèstrieted lunda to near••t È Endowment funds to n••wt £ B1 Ca8h fund• Total cash funds •ll Unr••trl¢tfyd lund$ to ngamt E Re•trlcted funds to ng•rg•t£ Endowmènt fund$ to ￿8•￿•1£ Detai15 Fund to whlch Co•t loptlon•l ¢urr•nt v•lu• loMI D•tg118 83 Inve•tment a•••t• Fund to whl¢h bolon Details Cotst loptlon•ll Currnnt v*lu• 84 A88•t8 r•talned for th• ch4flty'8 own usè Fund to wh1¢ Amount du• Wh•n du• Details 85 Ll•bllltl Swjned by one or hvo tru5tee8 ¢n behaw of all the trustses Signature Print Name Dat8 of roval 29 J3 IL>1 CCXX R2 accL)unts ISSI 2810112023