GRACE CHURCH WRECCLESHAM Trustees. Annual Report & Accounts forthe 16 months ended 31 December 2024 Registered Charity no. (England and Wales) 1204551 Page11
Contents Page Legal and AdministratNe Infornation Trust88B' Report Recaipts and Payments Accourrt ststement of Assets and Liabiltlies Notestothe Financial Staiements Independerrt Examinerfs Report 11 P88e12
Legal & Administrative Informatlon Status Chawitsble Incorporated Organisation ICIOI Re&stered Charity Number (England &WaLesl 1204551 Chartty Registered Office & Correspondence Address 9 Gr(Ne Close Wrecclesham F8mh#m Jrrey GU104BF Governing Document Church Constitution lapwo¥ed bythe Chafity Commi&%bon on 1 September 20231 Trust¢¢s Daniel Adam8 Ires*ned 31 August 20241 Tlmothy Lofthouse Nicholas Cuny Yee Gan Ong Matthew Boustred (resigned 10 January 20241 lan Haliiwe Susan Wales D8¥Id Brice18ppoinled 1 January 20251 B8nker8 Co-Op8rative Bank pLc HampshlreTru$t BBnk Independent Examiner Auan Revers 2 Hillgarth Hindhead Surrey GU26 6PP Page13
Trustees. Report The trustees havethe pleasure In submitting tts. Nnnu81 Report and Ac¢ounts for the slxteen- morrth period ending 31 December2024. Charlty¥tructure and mon•8eme Grace Church Wrecclesham I-GWI is a Ch8Fitable IrFcorporated Organisation l-ClO-I. indepèndtnt of arry denominatn. and govemed by a Constitution dated 23 August 2023. and bpproved bythe Charlties Commission on 1 S¢ptcmber 2024. The policyand operating decisions otthe chaTttyrest thetru5tees vtho meet regularlyto monitor the actTWties ofthe charty. They are appointed bythe church Members in accordance wlth polfiries and procedures in the Church Handbook. The trustees comprise the P8stor. the oth8r eiders. the Church Secr8tsry. th8 Church Treasurer arKI any deacons. The church has not appointed any deacons to dale. WhiLstth8 elders are 8quaL in st8tus. and serve as pastor8 of the church, Dan Adam8 was initi8ily appointed full time to the ministry as a paid Past(. Dan r88igned his position on 31 August 2024 leavlngihe chuich bmlhout a fuu-tlme pald Pastoi hl l Jah4Jary 2025 vthtsn Davtd 8¢$WI$ appointed to replace him. David will a150 serve in a fuu-time paid capacity. GCW is affitiated tothe FelLovaBhip of Independent Ev8n8eiical Churches I"FIEC"I. The Church has 28 voting Members and more than 55 8dultS end childien attend serwces r6gLFlarly. with many mora participating in (rther church athiviiias. Objectl¥es nd •Gli4ft1•¥ The main purpose of GCW is the advancement of the Christian faith. Other pemitted actNf(les thal put into practice the Christian faith, include reknef of hardship. athgncemant of education and proM$ion of facilities in the interests otsocialwelfare. The statsd vi8iortr ofthe church 18 centred around WCISHIP. COMMUNITY and MISSION and is summ8ri5ed by the follLvMng statements: WORSHIP: °As God's people, savedtyhis GRACE. w8 existtD 1*r1p him with every part of our lives" COMMUNtrY: "Havingb8en w81comedinto God's famity. Seek to Irtrr as a radicaln8w communtyshapedbyGRACE" MISSION.. "Godh8s sentus on 8 mission tL¥etherro sh8fC thego(xl ne ofhls GRACE with ourcommuntyandhis wortd- Thètrustè•s alè commbttèd to ènabbng as manyas possibLeto worsh¥i 8nd become part ofthe church communtty. 808kingtr& carry outthi8 mi&won. We do thi8throueh thefoliowng activitie8: Sunday serwces. including children's actiNities. Junior Church youth groups. Growth Groups engaged in bib18 Study, prayer and pastoral support. Women's bible studies. Parent and toddler group. Church tamily meetings. Evangelistic eNBnts and disciple8hip courses on the Chrislian fath. and Community engagement. Page14
Revlow otactlvlllo¥ and achlevemert• W0h1P The regular programme ofthe church is organised around a weefvly Gycie of gatherings. The church familygathers each Sunday momingfor a service of worship. open to all. The sewvice includes normal Christl8n actMty3u¢h as sinw-nL prawngand iisteningto the bible read and pre8¢hed. These servlces are maile known to the wl(ler publlc Ihrough barhners, slgns. person31 invites, plus an online presence Each serwce has age-appropriaie segFnenlS. with most wEek5 our pre-s¢hoolers Bnd prTrm8ry school children leèwng the serviceto atleftd thèir ovm Junior Church group. These groups are led by DBS checked adults who ser¥e in the church. Our aim in all our meeting5 iSto worship God and bring18nd honour tD his name as his church. We do this by listening to hL8 word. Ihe blbl¢. seeklngto understand it better. •pptylng11 to our INes. sothatwe may better sewve hom. his church. and Ihef8milb88 and communiiies he'8 placed us in. In addition, the church has three Gfowlh GroupsNthich a midweek meeiings. eaeh led by one of the elders. The purpose of these gioups is to meet mguiartyin ordèrto stu(Jythe blble. pray together, and hetp one another growas Christian5. Gommunlty As members of God's fèrnlly. are devoted to gne another in love 8nd seekto share our lryes together. Wo dothis by o¥g8nising ourselves into sm81Ler groups. often enga(Ing in social events, sharing meals together. and many other similaractmtles. The8e groups Bnd occasions often piovide m¢Jre intonn•ltlm¢Jthere we can 8how Icv¥e. c8re and support for one another. Vthi15t the alrn isto primarily build one 8nother up, they ofter¢ have secondary benefrt otdr8w6ng In other8 froffl OLrt8ide the church. a8 we 8e8kto demon8trate Christ's Love to us. Ml&slon We aim to welcome everyone to GCWwFthout f8v(yJfftism. As people have knDwn what it leeis Like to be OLrtside God's community. w8 nows8ek to in¢Lude aryvtho desire to knowmore aboLrt Chrlst anothe Chilstl8n fxlth. The church therefore seeksto reach out to our local cijmmunlty and beyond in a number of diflErentvAys. For example. Vty: Run a weekiytemFtime parent and tDddler gTOUP atthe local c¢)mmunty centre, Tak& part in tho annualwrècclèsham WILl8g8 Fet8. Support various mercy projeets in and around Famham. Such a8 Foodbank. Run various discipi8ship ¢our$8$ forthosewho ereSS an interest in the Chfistian fatth. as 8 means of introducingthem to jesus. and Plan events around the major Chiisuan festwals sueh as Chrlstmas and Easter. We also support Christian mission.throt oui 4ffib"ation FSEC. but also directly by identifying and supporting Mission Parkners both in Ihe UK 8nd in other parts ol the wortd. We curr8ntty supportIv mission workers. one with Frtends Irrtemational. the otherwlK• is sharing the gospelto a church in Russia. Page15
Publlc b•n•fft Wh8n planning activities and maknng decisions, the eiders and tnJstsya5 have had du• ittgard to the Charity Commlssion GUIdan on publlc benefft. This Is reftted In report of 8ctNttI88 shown above. Hmndal re%lew These are the first set of accountsthatthe charityh85 prepared. and as such. no comp8ratrve rèsults are Èv8iL8ble or reported. Recelpts Tolal receipts of £140.3k m8Trntycompri58 don8tions from the congregation. augmented byGfjft Afid where appropriate1£104.4kl. This nClUdeS a one-otl Gift Day held In Febiuaryvthere ihe Ghurch was invited to pr8y aboutvthat wftsthey might Liketo don8te. resulting in funds of £30.2k being r8is8d. Oth8r receipts include support from Famham B8PtiSt Church fFBCI, the church from vthich GCWw8s planted from. An inr(i818h8re otFBC's reserves wa5tr8nsteTred to GCW I£IB.Okl in addttionto a commitment to prowde tap8red support in the fofm of a grant. 88 agr88d bythe membership of FBC. The amount granted forthe period ending 31 December 2024was E15.Ok, of whtch 100% was drawn dn. There are no conditions. 18strictW8 or Othe$88, attached to this grant. orthe share of reserves translerred. P•yments Total payments £65.7k ¢ompriw th• ¢o*t4 ¥wioGi•tod V4iththo 8tat8d aotwikn•s •bgwJ, namdy Wor5hip1£49.5kl. Comrnunttyl£2.3kl. Mi¥Jion1£8.1kl. 8iorvd 4•Ath other costs such 8$ Support & Finance I£S.Bkl. Worship r8fLect8 the costs associated wth empÈoying a pastLY. aswell 88 providing ministryto the church. Community reflerfs the Costs 8ssoci8ted wrth gathering as a church fellowship. includingthe running of our mi(h¥Bek Growth Groups. Junior Church. Church Family Meeting8, plus any costs connected woth our 88f¢gu8rding. Mission reftects the cost ol supportlng gospel causes outside ofthe church. whether rt be LocalLy. UK-based, or internationally. GCWS policyfor 8xpenditure on Mission is set at 10% ot donations r8ceN8d from th8 church's "ving. This 8mount is set aside as a designated fund v•ith unsp8nt amounts carried over to 8ub8equentyears. Unrestricted Funds lincluding Des19ted Fund818t 31 December 2024were E74.6k. They comprise cash resarves h8ld wrth the Co-operative Bank plc1£44.6kl and Hamp$hir8 Trust Bank 1£30.Okl. Designaled FUlS have been created for iho H8ppy N8ppies' PaTent and toddlergroup and for 8 Mission Fund. Restricted Funds In ihe wriod Included 8 temporBryfund estsblished tD collect dvnÈi(ork specrfieally earmarked #s 8 leavinggiftfor Dan Adams. For8 br88kdovm ofthe movement infunds. see note 5 pag& 10 below. Page16
R•••rwas poll The Church reswves policy is to maintain Testricted reserves of at18aBt three month'8 Teguiaf operatlonèl trxpendlture. This is considered sufficient to respond to any immediate, suslained, or 8lgnlfi¢ant drop In income. At the end of the period reported on. with an increased budget for the followlngy6ar. thls required level of re8etves 8mDuntedto E22.5k. Unrestricted Funds * 31 December 2024 (rf£69.6k are thwelc*e adèquats. D•cl•r•llon Thetrustees declare thatthey hm apW0dth Trust•es' Rtsport ab). Slgned on behatt ofthe ch•rltytruSts. Su• W•le¥ Church S•cr•tsry Dated 17 February 2025 P4817
GRACE CHUR¢H WRec¢Le$HAM WRECCLESMbJ4 RECEPT8IJIDPAYWITSAccixIKr 47MT 211n 713 7.t 18.rth) 49.481 71• 19.437 Xl.192 10.T28 815 The notes on pages 9-10 fomi part ofthese aceounts. The accounts and accompanyrng notes 7•vare appro¥ed bythe twste8S and signgd on their behalf by. lan Hallhwell Church Treasurer Dated 17 February 2025 Pagts18
Notes to the Accourrts AOuntIng pollGles The •GoovntB hove been prepgred on the reoeipts and payments basis and comprise 8 Receipt and Payments Accourrt. a Statvtment of Assets and LTrabilities. and T8lat8d Nott0 the Accounts. Unre8triet8d fund$ ara av8iiabie for uso 8tthe discr10 of the trustees in furtherance of the general Dbj8Ctives ofih8 ch8rry. Designated funds are unrestricted fvnds that hav been set aside bythe trustees for 8 pBrticul81 purpose. Restricted funds are don8tions which are to be useil in 8¢¢urd8nce wrth speGifiG SttionS imposed by the donor: they include donations received from appealsfor spècific tsfits. act85 or projects. Gift Aid Gift " ia r8c18im8d each fflonth from HMRC on eligible donations and lift8 m8d8 by hurch members and other donors forihe purposes ol the ch8rity. Cl8ims 8re submRted monihly and supported byGitI declaratM)n forms where applicable. The church ret&in8 its GiftAid claims and supp(ffting recordsfoi sixyettis In kn"nE HMRC'S requirements. Grant fundlng Gcwwas lorm8d a8 8 $8p8rate congregation when itwas originally planted Irom FBC in 2013. tt became 8n independent church. legèlly separate from F8C. vthen ttW88 In¢orpor8ted Bs a CIO on 1 September 2023. GCW Tetains good relationships FBC. hawngshared resourcas for manyyears since the initial plant. This is 1af1è8d in 8'pnciple ol Rei*Tronship' document thatformakns86 the interaction betweenthetsvo churches, includingfinancial re50urce5 that have been p18dged by FBCto support GCW'S n8windep8ndent status. Thislin8nci81 support etmpifjsES lal an upfrDrrt arrnunt of £18k, bBing a sharB of FBC'S r88erv88, and Ibl grantfunding of £30ktaper8d ovwthre¢ year8. beginning i January 2024 1£15k irb 2024. £11k 2025. £4k in 2026}. Mov•m•nt offunds The fDIIDwryngtsbte shDwsthE m(wEment Dffunds In tha por(od. JIM>74 IL ID. {iJ7n I¥)7 ,71 T4 Page19
Accruod iecelpts Accrued receipts are considered to be partof'other monetary assets. and totsued £0.7k at 31 De¢ember 2024. They comwse Outstsndiry Gfft Aid cl8im81£0.6kl piu8 b8nk Interest accrued I£0.1kl. 6. Prepald expen1 Prepaid expenses are consideredto be part of 'otheT Tnonetary assets. and totslled £11.5k at 31 December 2024. They compri88 six month8 rent plus a 88CUFity deposit paid Dn thtr n¢wLy rented manse1£10.3kl. annualsubscription paid io the FIEC I£0.8kl. annual in8urancè prèmiufh I£0.3k"l. ènd Other running r818 lil th8 church paid in advancè I£O.Ikl. Accfued oxp•n808 Accfued expen88s are treated as out8tsnding liabiliti86 and totalled £0.8k at 3108cember 2024. Theycomprise outst8nding rent due on the hiie otthe church building I£0.4kl. and outst8nding rent duo on the hir¢ of th¢ ¢ommunlty¢entroforth8 ¢hur¢h's p•rent gnd toddler KTOUP I£0.4k). Pagèl10
Independent Examln8rf8 Report to the trustees of Grace Church Wrecclesham I reportto th?Iru¥toe$ on my examination ofthe accounts ol Church Wrèe¢l•Éharn rtho chariv) forth8 st months endtng 31 Decwnber 2024 on p888s 8t010 abow. R•spOnsSblUtl •nd bath ofr•yt Asthe tru8tee3 Qtth¢ ch8riry, W)u are respor1b18 forthe prep8ration of the OuntS In 8c¢ordancewtth the iequirem8nts ofthe Ch8Flti¢sAct 2011 1-theAct-l. I feport in r88pect ot my ex8minion of the chafiV8 accounts carried rthundw 50ciion 145 fjl the 2011 Act, In c8iryin8 out my examination I ha folloEd all the appiicabie tTectionS von byth¢ Charity Commission under 14gSllbl otthe 2011 Act. I completed myex8mlnati1. I co¥rfirm th8t no moterial m6tte¥s h• cometo my 8tteTr¥on In connection wrth th? Wminlon gNing me cau88 to beli8¥e thin any materi81 r88PeCt: accounting r8¢ordswDrE notkept h 8ccordonce vmh section 130 Of 2011 ACL. or 1 tho 8ccount8 do not 8cEord wrth th8 aUntin#T•¢0rd8. I have no COnGoif16 bnd have come acros8 no 0th8f matters in conn•ctlon the examlnationto which 8tt¢Frtion should bedr8VI in udeito enle a woper und8rstwlingof th¢ #Gcounts trj be reached. All¥n 2 Hilig8rt Hindhead Sufrey GU26 6PP Date.. 18 February202S Page111