## GRACEWAY 

## 23.06.2025 v2 

## TRUSTEES ANNUAL REPORT FOR YEAR END ACCOUNTS – 31.03.2025 

## LEGAL & ADMINISTRATION INFORMATION 

Graceway is a Charitable Incorporated Organisation, registered with the Charity Commission of England & Wales on 18 March 2022, registered number 1198296. 

## Trustees: 

Sandra Janet MEDWAY (Chair) – resigned 2023 Charles Rapsey JARDINE (Chair) Amando Vermont Lancelot BROWN (Secretary) Edwin Pena MUNOZ (Treasurer) Gregorie KALIPERSAD 

appointed 2022 appointed  2023 appointed 2022 appointed 2022 appointed 2024 

Executives: 

Charles Rapsey JARDINE (Honorary Chief Executive O cer) appointed 2022 Rebecca Louise HODGE (Executive Officer for Frontline Services) appointed 2022 Mark WICKER (Community Liaison Executive) appointed 2022 

## Principal Address: 

1-2 Cricketing Lane, Herstmonceux, East Sussex BN27 1QL 

## Independent Examiner: 

Richard Smart BA (Hons), 120 Bohemia Road, St Leonard’s on Sea, East Sussex TN37 6RP 

Trustees met three times in the year ending 31 March 2025, including for the AGM in July, and accept Gregorie Kalipersad’s appointment in November.  A third AGM is planned for 23 June 2025. 

The Chair met with Executives ad hoc and monthly during 2024/2025, often online. 

## TRUSTEES REPORT 

The Trustees present their annual report and financial statements for the year ended 31 March 2025. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charities Act 2011 and the Accounting and  Reporting  by  Charities:  Statement  of  Recommended  Practice applicable  to  charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland” (FRS102) (second edition). 

## Objectives & Activities: 

## Objects: 

1. The advancement of the Christian religion in Medway, Kent and elsewhere in the UK through the holding of prayer meetings and bible classes, Christian outreach services, and the provision of information on Christianity to enlighten others about the Christian religion; 

2. The relief of those who are in need in Medway, Kent and elsewhere in the UK by reason of financial hardship or social and economic disadvantage, through the provision of services, items, facilities and grants of money to relieve those needs, either directly or through other charities and organisations; 



3. The relief of sickness and the preservation of both mental and physical health in people in Medway Towns, Kent and elsewhere in the UK through the provision of counselling, support and educational information. 

## Public Benefit: 

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake for the public benefit. 

In particular, the Graceway team brings together professional and faith-based services and seeks to collaborate with other Christians and people of goodwill. Our focus is to combine and share skills, expertise and resources in a joined-up way that will meet local needs across communities. 

## 2024/2025 Activities: 

Graceway volunteers met with various people from several stakeholder groups from across the Medway Towns, and beyond them during the year. These included church leaders and groups such as Churches Together in Medway, Medway Council and Medway Voluntary Action, Medway and Church Leaders in Strood. More widely, the Executives have met regularly with each other as all are seeking to undertake sustainable opportunities to fulfill charity and individual ministry calling. Engagement with external prayer ministries has provided essential spiritual development. 

Graceway’s need for a premises of its own became increasingly apparent as time passed, due in part to the need to stay open for those seeking to access services at times when many drop-in venues had to close. Graceway is most grateful for the kindness of the churches in Medway that provided facilities, especially for sensitive mental health counselling.  Initiatives to collaborate with The Salvation Army and Frindsbury Baptist Church in Strood were abandoned in the face of challenges encountered within the churches.  A suitable and affordable premises is sought for service delivery. 

Graceway Counselling (GWC) continued to grow slowly, with some new qualified counsellors joining while some others reduced their workloads or changed venues. A continuous flow of discounted fees from counselling sessions covered direct costs, while charitable reserves brought forward contributed to modest management costs.  External funding received this year all came from friends and family,  notably  Frescourse  Ltd and Edward  Jardine.   Despite  being  seriously  ill, Edward supported the Board by advising on strategy, before going to be with the Lord in December.  He donated a significant sum of money which is set aside in a designated deposit account to develop services in a drop-in premises. 

Graceway’s skills base was further enhanced this year by the election of a new trustee, Gregorie Kalipersad. A mature Christian and experienced human resources professional, Gregorie has already provided useful insights and encouragement to the teams. Executive team members all have other sources of income, making it possible to minimize core costs and maximize flexibility. Faith, commitment, and efficient communication promote effective collaborative unity of purpose. 

## Key Partners: 

Graceway is proactively engaged  with Churches Together in Medway; and Medway Voluntary Action. Nottingham Trent University has been working with MVA to develop research based methods to support innovative solutions to deprivation in communities. 

## Funding Partners: 

Graceway has received private donations in addition to grant funding last year from The National Lottery; the Benefact Trust; Woodward Charitable Trust; Kent Community Fund, and the Co-op. 



## **GRACEWAY** 

## **FINANCIAL STATEMENTS** 

**for the Year ended 31 March 2025** 



## **GRACEWAY** 

## **Year ended 31 MARCH 2025** 

## **CONTENTS** 

||**Page**|
|---|---|
|**Independent Examiner’s report**|**1**|
|**Client Approval certificate**|**2**|
|**Statement of financial activities**|**3**|
|**Balance Sheet summary**|**4**|
|**Analysis of Income and Expenditure**|**5**|
|**Notes to the Financial Statements**|**6**|





## **GRACEWAY** 

## **Year ended 31 MARCH 2025** 

## **Report of the Independent Examination To the Trustees of GRACEWAY** 

I report on the accounts of the church for the year ended 31 March 2025 which are set out on pages 2 to 3. 

## Respective responsibilities of the church trustees and examiner 

As the charity’s trustees you are responsible for the preparation of the accounts. You consider that an audit is not required for the year under section 144(2) of the Charities Act (the 2011 Act) and that an independent examination is needed. It is my responsibility to: 

Examine the accounts under section 145 of the 2011 Act 

Follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Act and 

State whether particular matters have come to my attention. 

## Basis of Independent Examiner’s Report 

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as elders concerning any such matter. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. 

## Independent Examiner’s statement 

In connection with my examination, no matter has come to my attention: 

1. which gives me reasonable cause to believe that in any material respect the requirement to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met: or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Richard Smart BA (Hons) 

Accountant 120 Bohemia Road St Leonards on Sea East Sussex TN37 6RP 

30[th] April 2025 



## **GRACEWAY** 

**Year ended 31 MARCH 2025** 

## **Client Approval Certificate** 

**The accounts for the Year ended 31[st] March 2025 were approved by the trustees on 30[th] April 2025 and signed on their behalf by** 

**Edwin Munoz** 

**Charles Jardine** 

1 



## **GRACEWAY** 

## **Statement of Financial Activities** 

## **For the Year ended 31 March 2025** 

||**2025**|
|---|---|
|**Income**|**48,933**|
|**Expenditure**|**16,314**|
|**Net Income / (expenditure) before transfers**|**32,619**|
|**Transfers**|**-**|
|**Net movement in funds**|**32,619**|
|**Total funds brought forward**|**9,752**|
|**Total funds carried forward**|**42,371**|



` 

2 



## **GRACEWAY** 

## **Balance Sheet** 

||**As at 31 MARCH 2025**|||
|---|---|---|---|
||||**31/03/2025**|
|**Current Assets**||||
|**Cash at bank and in hand**|||**47,180**|
|**Current Liabilities**||||
|**Accruals**||**877**||
|**Long Term Creditors**||**3,932**|**4,809**|
|**Total assets less current liabilities**|||**42,371**|
|**Represented by**||||
|**Unrestricted Funds – General Fund**|||**35,962**|
|**Restricted Funds**|||**6,409**|
||||**42,371**|



3 



## **GRACEWAY** 

## **FINANCIAL STATEMENTS** 

**for the Year ended 31 March 2025** 



## **GRACEWAY** 

## **Year ended 31 MARCH 2025** 

## **CONTENTS** 

||**Page**|
|---|---|
|**Independent Examiner’s report**|**1**|
|**Client Approval certificate**|**2**|
|**Statement of financial activities**|**3**|
|**Balance Sheet summary**|**4**|
|**Analysis of Income and Expenditure**|**5**|
|**Notes to the Financial Statements**|**6**|





## **GRACEWAY** 

## **Year ended 31 MARCH 2025** 

## **Report of the Independent Examination To the Trustees of GRACEWAY** 

I report on the accounts of the church for the year ended 31 March 2025 which are set out on pages 2 to 3. 

## Respective responsibilities of the church trustees and examiner 

As the charity’s trustees you are responsible for the preparation of the accounts. You consider that an audit is not required for the year under section 144(2) of the Charities Act (the 2011 Act) and that an independent examination is needed. It is my responsibility to: 

Examine the accounts under section 145 of the 2011 Act 

Follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Act and 

State whether particular matters have come to my attention. 

## Basis of Independent Examiner’s Report 

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as elders concerning any such matter. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. 

## Independent Examiner’s statement 

In connection with my examination, no matter has come to my attention: 

1. which gives me reasonable cause to believe that in any material respect the requirement to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met: or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Richard Smart BA (Hons) 

Accountant 120 Bohemia Road St Leonards on Sea East Sussex TN37 6RP 

30[th] April 2025 



## **GRACEWAY** 

**Year ended 31 MARCH 2025** 

## **Client Approval Certificate** 

**The accounts for the Year ended 31[st] March 2025 were approved by the trustees on 30[th] April 2025 and signed on their behalf by** 

**Edwin Munoz** 

**Charles Jardine** 

1 



## **GRACEWAY** 

## **Statement of Financial Activities** 

## **For the Year ended 31 March 2025** 

||**2025**|
|---|---|
|**Income**|**48,933**|
|**Expenditure**|**16,314**|
|**Net Income / (expenditure) before transfers**|**32,619**|
|**Transfers**|**-**|
|**Net movement in funds**|**32,619**|
|**Total funds brought forward**|**9,752**|
|**Total funds carried forward**|**42,371**|



` 

2 



## **GRACEWAY** 

## **Balance Sheet** 

||**As at 31 MARCH 2025**|||
|---|---|---|---|
||||**31/03/2025**|
|**Current Assets**||||
|**Cash at bank and in hand**|||**47,180**|
|**Current Liabilities**||||
|**Accruals**||**877**||
|**Long Term Creditors**||**3,932**|**4,809**|
|**Total assets less current liabilities**|||**42,371**|
|**Represented by**||||
|**Unrestricted Funds – General Fund**|||**35,962**|
|**Restricted Funds**|||**6,409**|
||||**42,371**|



3