tI.GRACE CHURCH RENDLESHAM Grace Church Rendlesham Reports & Accounts Financial Year Ending 3111212024 Contents Legal & Administrative Details Trustees R8port Indep8ndent Examiners Report Receipts & Payments Statement Asset & Liability Statement Notes lo the Acu)unts *.? Created using Exp8nsePIus
Le al & Admlnistr ive Details Charity Name: Gr8ce Church Rendlesham Charity Number. 1202945 Charity Addr8ss'. Mill Lan8 Th8 Common Tunslall Woodbridge Suffolk IP122JR Trust8es.' Davld lan Rushbrook (Appointed 13103120231 Gavin John Oliver (Appointed 1310312023) Matthew Bryan Ollver (Appolnted 1310312023) Stuart ma Whayman {Appointed 13103120231 Independent Ex8mlner'. Thomas Steed ACCA 104 Osprey Drive Stowmarket Suffdk IP14 SUX
Trustees Re ort Ob ects of the chari Our primary objective as a church is the advanment of the Christian faith. This is really aimed at spiritual growth which is not easy lo quantify in a report such as this. However, the following points are rAuses for encouragement over the period of this r8Wt. We are entirely reliant on the financial giving of our m8mb8rs and ffiends to cover our costs, and our accounts show that this has been generous and sustained. We take ihis as a promsion of God for what lies ahoad of us. As is indicated below, we are hopeful of starting b(Jilding projed soon and Ihal will be expenslve. We have employed 2 members of staff for the period of this report, and this has been comfortably managed from our income. Summa of the chari 's maln actlvltles and achievements To fijrther the above objects arsd vision. the charity's main activltles and achievements were as follows- Over the course of the year. attendance at our Sunday morning SeNiS has increased so thal the yearly av8fdg8 is now 6% higher than pre COVID, continuing the increase that we observed towards the end of 2023. This increase h8s included." 1 baptism. a total of 4 new members and 6 people who have become Christians over th8 year For all of which we are very gratefvl. We have also s8en numerical growth in our regular Home Groups and Prayer Meetings This increase has confirmed our decision to move our Sunday morning services to the local primary school. Our chapel buildings and car parking provision are not sufficienl for these numbers. Whilst we arg grat8ful that the school is prepared lo let out their space lo us, it is hard work, and we are still wanting to progress our plans for a new bullding. The planning application submitted in July 2023 has sli15 not formally been considered by the local authority planning department. We are hopeful that a derysion will bo mado eady in 2025. Although our morning services are now held in Rendlesham School, we are keon to meet in other places 8S W811. Al present we still hold a carol service in Sudboume village and a monthly s@rvice in the local care tKime. Our regular weekday activits'es have continued wilh a good number of volunteers taking on most of the responsibilities for these. We gel approximately 70 adults and 70 children lo these events which indude.. Women's Fellowship (informal service for ladies) Coffee Cake & Chat (social group for all with provision for toddlers). Coffee Craft & Chal (social craft group), Coffee Morning {social group for all with provision for tIKldlersl, Friday Club (for primary sch¢x)l age children), Youth Group (for s8condary school young people) and WLTDO (dad's and children social group). Numbers have remained faIY static mpared to recent y8aTS. due both lo the remote locations of our existing buildings and the fact that our bLtildings are nearing rdpauty. We are sb"Il hoF[U1 that a new bullding in Rendlesham will enable us lo increase this promsion and make attendan much easi8r. In addition lo our weeklylmonthly activits'es we also ran a series of onff events during the year. These ranged from inlernel social events to strengthen relationships wthin the churGh through lo sponsoriTig and being involved with th8 Rendlesham Show which had over 3000 visitors. In be99n, we have held breakfasts, a day pigeon shoot, a carpel tx)wls 8vening. a quiz night. a Holiday Bible Club, a village Easter Event and outdoor services in Jubil88 Park. Ali aimed at welcoming those outside the church into the church community and lo hear the Christian message. Through these events, many hundreds of people from Rendleshaw and the surrounding villages have come into meaningful contact with Grace Church. We have also been looking to strengthen links with Rendlesham Parish Council to support them in their work within the village. In planning these activities, the trustees have applied the guidaneÈ on public benefit issued by th8 Charity Commission.
Safe uardin ststement As a church, we are very awar8 of our contact wlh and our responsibilities towards children and vulnerable adults. Our S8fegu8rding Policy was reviewed during 2024 and all of our volunteers and staff who work with children and vulnerabl8 adults received safeguarding refresher training from our DSL in the autumn. Our DSL has had no issues to investigate and has provided a referenc8 for one of our volunteers who has moved to anolher church. Flnancial Revlew During the year in¢ome amounted lo £230,904 comparéd wlth Income for 2023 of £27,368. The net r8sult for the year was a surplus of £86,148 {2023: Surplus £10,747). Principal funding sources are from regular individual donations. HMRC gift aid and propety rental. We ar8 thankful to and His faithful people who regularfy donate to our Church throughout the y&ar. which means the Church can continue to achi8ve ils aims and objectives. Reserves Policy The Charity aim$ lo hold a minimum of £40,000 (which is approximately three months of expendilurel as unrestricted cash, so that th8 charity could continu8 to operate should income and l or 8ypenditure vary adversely. Al the yoar 8nd, the charity held unr8Strict8d cash of £812,527. Slgnature This r8FK)rt was approved by the trustees. and is signed on their behalf by.. Name 'D/4o i D tZuJ14 S gnalure Dale
Inde endent Examlners Re ort l report lo the trustees on my examination of the accounts of Grace Church Rendlesharn ('the charity'l for the year ended 3111212024. Responsibilitles and Basis of Report As the trustees of the charlty you are r&sponsible for the pparatIOn of the ac¢x*unts in accordance with the requirements of the Charities Act 2011 {'thg 2011 Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llb) of the 2011 Act. Indep8ndent Examiner's Statement I have completed my examination. I confirm that no material matters have come lo my attention in (£Jnnectlon wlth the examination giving me cause to beli&ve that in any material rospect.. accounting records were not kept in accordance with seclion 130 of the 2011 Act., or 2. the accounts do not accord with the ac¢x)unting rerds. I have no concerns and have come across no other matters in connection with the &xaminatlon to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent Examln8rfs Detalls Name: Thomas Steed ACCA Address.. 104 Osprey Drive Stowmarket Suffolk IP14 SUX Nawe Signaluie Dale 29 /z£
Recel ts & Pa ments Unrestricted R05tricted Total Prlor Yaar RECEIPT Donations Gift Aid Grants Pledged Giving Bank Interest Property Rental Loans Received Other Income Ssle of Fixed A8sets 24,213 40,502 3,468 1,663 27,681 42,165 123,960 18,595 10,204 8,300 132,260 18,595 10,204 TOTAL RECEIPTS 217,474 13.430 230 904 PAYMENTS Activities Advertising Bank Charges Gifts Given Other Expendilure Premi59S Staff C05ts Fixed Asset Purchases Loans Repaid Money Invested 22.342 300 2,038 24,380 300 23,514 439 23,953 35.119 61,003 35,119 61,3 TOTAL PAYMENTS 142279 Nel Reip1S I Payments (before Iransfersl Fund Transfers In Fund Transfers Out Nel Movement of Cash Funds Totsl Cash Funds Brought Forward Total Cash Funds Carried Forward 75,195 10.953 86,148 488 488 488 86.148 758,977 488 74.707 737,820 11,441 21,157 758,977 812,527 32,598 845,125 758,977 REPRESENTED BY Gener81 Fund (Unrestricted) Building Fund (Reslricledl Reserves (Designated) Benavolence Fund (Designated) Youth Work (Restricted) Sp8CI81 Appeals {Reslrictedl 771,013 771.01& 29,282. 40,000 1,514 287 fi95,320 21.157 40,000 2.500 29,282 40,000 1,514 287 3.029
Asset & Liabilit Statement Cash Assets Unrestrictsd Restricted Total Prior Year General Fund Iunrestrictedl Bullding Fund {Reslricled) Reserves (Designated) Benevolence Fund (Designated) Youth Work {Restri¢ted) Special Appeals {RestrlGtedl Other Moneta 771,013 771.013 695,320 29,282 29,282 40,000 1.514 21.157 40,000 2,500 40.000 1,514 287 3,029 287 3,029 Assets Gift Aid Stock Other Investment Assets Propety Investment Accounts Other Fixed Assets Land & Buildings Equipmenl Computers & IT Fumiture Motor Vehicles 755,000 755.000 3,644 755,000 7.193 3.544 Llabiliti8s Loans Oulslanding Pension Payrngnl Owed HMRC Payments Ied Independgnt Examination Fee Due Signature These accounts have been approved by the Iru51ees, and are signed on their behalf by.. ID kuJFI
Not ou Accountlng Pollcies The accounts havo be8n pr8par8d on a receipts and payments basis and Cornprise a statement that shows the charitys reIpts 8nd payments. a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have d8termined that only accounts prepared in 8rdanCe with applicable accounting standards present a 'true and faiv view and, as thes8 rec8ipls and payments accounts have not land cannot) be prepared in accordan with accounting Standards. these accounts do not present (and are not intended to presentl a Yru8 and fair, view of the charitys financial activities and slate of affairs. General funds are unrestricted funds which are availablg for use al the discretion of the trustees in furthefance of the general objectives of the charity. Designated funds comprise unr8slricted funds that have been set aside by the Irusl88s for particular purposes. Restricted funds are donations which are lo be us&d in accordance with specific restrictions imposed by donors., they include donatrons received from appea15 for specifi¢ activitigs or projgcls. Transactions to Rolated Parties There were no transactions relat8d parties during th& ac(x)LJnting perii)d. Movement of Funds Ex Closln ance alan General Fund 695,320 217.474 141,293 488 771,013 Reserves Benevolence Fund Totsl 40,000 2,500 40.000 1.514 42,500 41,514 Building Fund Youth Work Special Appeals Total 21,157 9,963 1,837 201 439 29,282 287 3,029 488 3.468 21.157 13,430 2,477 488 32,598 TOTAL 230 904