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 denominat￿n. 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 ￿h￿l 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 WC*ISHIP. COMMUNITY and MISSION and is
summ8ri5ed by the follLvMng statements:
WORSHIP: °As God's people, savedtyhis GRACE. w8 existtD 1*r￿1p 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•
W0￿h1P
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 bring1￿8nd 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¢J*there 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. V*ty:
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 e￿reSS 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 reft￿ted 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 d￿￿n. 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 Des1￿9ted 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 FU￿lS 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 apW0￿dth￿ Trust•es' Rtsport ab)￿.
Slgned on behatt ofthe ch•rltytruSt￿s.
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
A￿OuntIng 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 Not￿t0
the Accounts.
Unre8triet8d fund$ ara av8iiabie for uso 8tthe discr￿10￿ 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 ￿St￿￿tionS imposed by the donor: they
include donations received from appealsfor spècific ￿tsfits. act￿85 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 1af1è￿8d in 8'p￿nciple 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 expen￿1
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 r￿818 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 respor￿1b18 forthe prep8ration of the ￿￿OuntS In
8c¢ordancewtth the iequirem8nts ofthe Ch8Flti¢sAct 2011 1-theAct-l.
I feport in r88pect ot my ex8min*ion of the chafiV8 accounts carried rthundw 50ciion 145 fjl
the 2011 Act, In c8iryin8 out my examination I ha* follo*Ed all the appiicabie t￿TectionS
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? Wmin￿lon gNing me cau88 to beli8¥e th*in any materi81 r88PeCt:
accounting r8¢ordswDrE notkept h 8ccordonce vmh section 130 Of￿ 2011 ACL. or
1 tho 8ccount8 do not 8cEord wrth th8 a￿Untin#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 en￿le a woper und8rstwlingof th¢ #Gcounts trj be
reached.
All¥n
2 Hilig8rt
Hindhead
Sufrey
GU26 6PP
Date.. 18 February202S
Page111