2023-03-31-accounts - Grace Church Shrewsbury

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Additional		information	(optional)
You ma	choose to include		further statements	where relevant		about:
			SORP reference
				Volunteers	(unpaid) are involved		in all
			Para 1.38	services and		outreach activities.
Contribution		made by
volunteers

Achiev	eme	nts	and Pe	rformance
				SORP reference
					The church body has continued to grow
					from the previous year with
					approximately 120children and adults
Summary ofthe main achievements ofthe charity,				Para 1.20	now attending Sunday meetings in the local community hall. The church
identifying	the	difference the			continues to provide support to many
charity's	work	has made to			individuals in the local community, some
the circumstances			of its		ofwhom, are now part ofthe church
beneficiaries and			any wider		family. Regular fun days for children and
benefits to society as a					entertainment evenings are well-
whole.					attended. Weekly drop-in sessions and
					the provision offood and household
					items are now well established, and
					frequently visited. A warm space was
					particularly welcomed by the community
					during the colder weather. Connections
					and relationships are now also well
					established with other faith groups and
					community hubs in the locale. The
					church continues to provide volunteers
					and finance in all ofthe areas mentioned.

Finan	cial Review	cial Review	cial Review	cial Review	cial Review
Review	ofthe charity's						Para 1.21	The charity had an income of875,542 and
financial	position			at	the end			expenditure ofF53,804for the year
ofthe period								01/04/2022 to 31/03/2023. This gave a net
								surplus off21,738for the year.
								Gift Aid was claimed in this financial
								period and amounted to K9,022 (included
								in income above).
								Income is above the K25,000threshold so
								accounts have been independently
								examined by TCA Accountants and
								Business Advisors, 21St.Mary's Street, 3"Floor, Shrewsbury, Shropshire SY1
								1ED.
Statement		explaining			the		Para 1.22	The charity considers all income as
policy for		holding		reserves				unrestricted as there is now a well-
stating	why		they	are	held			established income stream from
								donations. This means that money	is
								freely available to spend on any of	the
								charity's purposes. As the charity	has
								grown significantly over the past year
								trustees will be considering the
								establishment ofa Reserves Policy,
								particularly in respect to the longer-term
								lans ofthe charit .
Amount	ofreserves				held		Para 1.22	Unrestricted funds at 31.03.2023—
								F43,718 2022:821,980
Reasons for holding					zero		Para 1.22	N/A
reserves
Details	of	fund materially				in	Para 1.24	None
deficit
Explanation			ofany				Para 1.23	None
uncertainties			about		the
charity	continuing			as a going
concern
Additional			information			(optional)
You ma		choose		to	include further statements			where relevant about
								Almost all monies received were by way
								ofdonations by attendees ofthe church.
The charity's principal sources offunds (including							Para 1.47	A donation off1000was received	as a
any fundraising)								'warm space' grant from the local
								council.

Description	of charity's
trusts:
Type ofgoverning document		Para 1.25	The CIO is	governed by its constitution.
trust deed,	ro al charter
How is the charity		Para 1.25	Charitable	Incorporated Organisation
constituted?			(CIO)
(e.g unincorporated
association,	CIO
Trustee selection methods		Para 1.25	New community church established		by
including details of any			the trustees ofthe church.
constitutional	provisions e.g.
election to post or name of			Apart from	the first charity trustees,
any person	or body entitled		every appointed trustee must be
to appoint one or more			appointed	for a term ofthree years by
trustees			resolution	passed at a properly
			convened meeting ofthe charity trustees.
			In selecting	individuals for appointment
			as appointed charity trustees, the
			charity trustees must have regard to		the
			skills, knowledge and experience
			needed for	the effective administration	of
			the CIO.

ofthe charity trus	ofthe charity trus	ofthe charity trus	tees who manage	the charity
Trustee name			Office (ifany)	Dates acted ifnot forwhole year	Name ofperson (or body) entitled to appoint trustee ifan
Helen Ruth
Hotchkiss
Terence	Roy
Hotchkiss
Catherine	Denise
Fletcher
Kevin Paul		Hall
Samantha		Jayne
Churms
George Andrew
Faichney
Elizabeth	Majella
O'Dwyer

Signed	on behalf ofthe	charity's trustees
	Signature(s)
	Full name(s)	Kevin Paul Hall	George Andrew	Faichney
Position	(eg Secretary,	Trustee		Trustee
	Chair, etc)
		11/09/2023

cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	cHARITY COMMI55IOH fOR FNGLANO AND WALES	Grace Church Shrewsbuty	Grace Church Shrewsbuty					1194775	1194775
									Receipts		and payments			accounts			cc&aa
									For the period		01/04/2022		To		31/03/2023
									from
~							~	~	~
									Unrestricted funds	Restricted funds		Endowment funds			Totalfunds		Last year
									to the nearest 6	to the nearest E		to th	ns	sstt.	'to ths	nearest 8	to the nes sate
A1 Receipts
Donations									66,520							66,520	34,109
Gift Aid Claimed									9,022							9,022
Sub total (Gross income								for AR)	75542							75,542	34,109
A2 Asset and		investment						sales
(see table).
						Sub total
					Total		receipts		75„542'			-			-	TSA42	34,109
A3 Pa ments
Chantahle Actnities																523	465
Chanty Management			and Administration						2,967							2;98T	600
Chanty running costs									1,722							1,722	125
Cafe and Crafts	Drop			in					1,371							1,377
Hooseksemu									400
Insurance									286							286
Dperalng Lease	Expense								4,264							4,264	1,488
Pnnting and stationery				Costs					559
Telephone 5E-met									138							138
Clergy Expenses																	200
Cost ofFayrss									1,489
Gifts and Presents									1,070							1/070
Cost ofsensces									1,679							1,670	1,864
Payroll Costs									33,871							33;871	6,587
Grants paid									2,896							2,896	800
Training Courses									589							589
							Sub total		53,804							53,804	12,126
A4 Asset and		investment
urchases,	see			table
							Sub total
				Total		payments			53,804'			-			-	s3804	1212s
Net ofrecei				ptsi(payments)					2'1,738							21,738	21;980
AS Transfers		between				funds
A6 Cash funds last year end									21,980							21,980
Cash funds					this		year end		43,71'8							43,778	21,080

						~		~			~ ~	~	~ ~
											Unrestricted		Restricted	Endowment
	Categories			Details							funds		funds	funds
											to nearest 5		to heswst 5	to n arest E
Bf Cash	funds			Current Account							43,5(5
				Cash and	undeposited		receipts				(03
						Total		cash	funds		43,715
				( g	O	I	thr	lpt	dpaym	ctl
									u	th))
											Unrestricted		Restricted	Endowment
											funds		funds	funds
				Details							to nearest 5		to nearest E	to nearest E
62 Other	monetary		assets
				Details							Fund towhich asset helen s	Cost (optional)		Current value (optlohal)
63Investment		assets
				Details							Fund to which asset he(on s	Cost (optional)		Current value opt(chal
B4Assets retained for the
charity's	own use
											Fund to which		Ahlouht duo	When dus
				Details							hab hty relates		o tlonal	optional)
BSLiabilities
Signed by one or two trustees on behalf ofaa the trustees						Signature					Pnnt	Name		Date of approval