## **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
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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