## **Trustees’ Annual Report for the period** **From** 21.10.2022 **Period start date To** 31.03.2024 **Period end date** **Charity name:** Grace Church Isle of Wight **Charity registration number:** 1200780 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The purposes of the Church are: the
advancement of the Christian faith as
a church in accordance with the Basis
of Faith primarily but not exclusively
across the Isle of Wight, including,
without limitation, the provision of
public religious worship and teaching,
in accordance with the Basis of Faith,
of adults and children by an
independent church operating on
congregational principles; and
such other charitable purposes as
shall, in the opinion of the charity
trustees, further the work of the
Church by putting into practice the
Christian faith in accordance with the
Basis of Faith, including but 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 reason of their youth, age,
infrmity or disability, fnancial
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 in| |||accordance with the provisions of the
Church Handbook.| |---|---|---| |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|1.
Public Worship and teaching
ministries that are designed to
enable people of all ages,
backgrounds, ethnicities and social
groups to encounter Jesus Christ
and grow in their faith. These
include courses and events
designed to introduce ordinary
people to the Christian faith and to
encourage and equip them to live
out their faith in their everyday lives.
**2.**
Provision of inclusive and
accessible facilities to benefit the
local community (Toddler Group,
Foodbank, Youth and Childrens
groups etc).| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees are satisfied that all the
ministries and activities of the church are
carried out with 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 During the period of the report the church was able to offer a range of services and events that were accessed by the church |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|community and the wider local community.
These were found to be both spiritually and
practically beneficial across the age range
from young children to the elderly. As well
as weekly services of worship and courses
to introduce the Christian faith, these also
included courses in parenting, seminars on
environmental care, men’s breakfasts to
encourage friendships among men and
craft events that women and children found
fun and engaging. In particular the Toddler
Group continues to provide a forum for
young parents and carers to support each
other, and the Foodbank continues to feed
many in the local community each week.
Following the COVID lockdown we
reopened the church building to provide
two Sunday morning services which have
been significantly growing in attendance
over the period of this report. In addition
we have further developed our online
presence with church services being
broadcast on a dedicated YouTube
channel each week. This has been a great
benefit to those in our community who are
housebound, unwell or away travelling.| |---|---|---| **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
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|At the end of the financial period the
Church had a credit balance £15,479.85 in
the current account. The Church ad a
surplus of £8,547.28p.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The Trustees policy for holding reserves is
to have an accessible amount of 3 times
the monthly expenditure in the current and
savings account.| |Amount of reserves held|Para 1.22|£192,,651.23p| ## **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|| |---|---|---| |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:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Church 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|Trustees are nominated for election or re-
election by the existing trustees and
elected by the church members, in
accordance with the provisions of the
church Constitution and Handbook.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Grace Church Isle of Wight| |---|---| |Other name the charity uses|| |Registered charitynumber|1200780| |Charity’s principal address|Grace Church Isle of Wight
79 Marlborough Road
Ryde
Isle of Wight
PO33 1AF| ||| **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 (if any)**| |---|---|---|---|---| ||Stephen Bell|Lead Pastor||Appointed bymembership| ||Oliver Tucker|Site Pastor||Appointed bymembership| ||Daniel Adams|Site Pastor|Appointed
01.09.24|Appointed by membership| ||Robert Silk|Elder||Appointed bymembership| ||AnthonyHill|Elder||Appointed bymembership| ||James Scott|Deacon (church sec)|Appointed
22.01.25|Appointed by membership| ||Paul Wade|Deacon(Treasurer)||Appointed bymembership| ||Esther Bell|Deacon (women and childrens
worker)||Appointed by membership| ||Simon Henrick|Deacon||Appointed bymembership| ||Stuart Linton|Deacon||Appointed bymembership| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** As above Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |As above||| |||| |||| |||| |||| |||| ## **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)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **None.** ## **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)** Stephen Bell **Position (eg Secretary,** Chair of Trustees **Chair, etc)** **Date** 28.01.2025 |**Grace Church ( Isle of Wight )**|||**Grace Church (Isle of Wight)**|| |---|---|---|---|---| |**Income and Expenditure Account**|||**Balance Sheet**|| |**Year ended 31 March 2024**|||**At 31 March 2024**|| ||**£**|**£**||**£**| |**Income**|||**Fixed Asets**|| |Church Income||45337|Fixtures at cost|911| |Gift Aid Reclaim||4385||| |Interest received||3126|Equipment at cost|1819| |**Total income**||**52848**||| ||||**Total Fixed assets**|**2730**| |**Expenditure**||||| |Payroll|27487||**Current Assets**|| |Church events|3505||Bank current Account|13471| |Repairs and maintenance|1235||Bank Deposit Account|193651| |Premises expenses|2395||Prepayments|1724| |Insurances|1033|||| |Telephone|744|||| |Travelling|908||**Total Assets**|**211576**| |Donations|1361|||| |Visiting minister|618||**General fund**|| |Subscriptions|578|||| |Safeguarding|190||Retained Income|203821| |Professional fees|2617|||| |Printing and stationery|170||Excess of Income over expenditure|7755| |Pension costs|238|||| |Bank charges|228||**Retained Income carried forward**|**211576**| |General expenses|1786|||| |**Total expenditure**||**45093**||| |**Excess of income over expenditure**||**7755**||| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report lo the trusteesl members of GRACE CHURCH (ISLE OF WtGHT) On accounts for the year ended 31 MARCH 2024 Charity no lif any) 1200780 Set out on pages )19p nu'Db.ers ol,?rl#Ilioial slee.?s, I report to the trustees on my examination of the accounts of the above charity I'the Trust"} for the year ended 311031202,1. Responslbilities and As the Charity trustees of the Trust, you are responsible for thè preparation basis of report of the accounts in accordance with the reqU1￿MentS of the Charities Act 2011 {'Ihe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145{5llbl of the Act. I have completed my examination. I confirm that no material matters have come lo my attention I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts lo be reached. Independent examiner's statement Signed- Date: 3110112025 Name: Ron Harris Relevant professional qualification(sl or body {if any): Member of the Institute ol Financial Accountants Address: Office 4, 1 Marsh Close, Sandown Isle of Wight p036 8EU Section B Dlsclosure Only complete If the examiner needs lo highlight mallers of concern Isee CG32, Independent examination of charity S￿O￿ntS.. directions and guidance for examiners). IER October 2018