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2025-03-31-accounts

New Grace Ministries

Report & Accounts

For the period of 14 March 2024 to 31 March 2025

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

NEW GRACE MINISTRIES

FOR THE PERIOD ENDED 31 MARCH 2025

LEGAL & ADMINISTRATIVE DETAILS

Address for correspondence Mitcham Methodist Church Cricket Green Mitcham CR 4 4LB Governing Document Constitution of a CIO dated 9th December 2023 Trustees Mrs N V Paul Mr C R P Thirurajah Mr S A Aruliah Mrs M Aruliah Mrs S P Nithiyananthan Key Staff Rev S Paul Charity Number 1207441 (Registered 14 March 2024) Bankers Natwest Bank Plc Independent Examiner Hannah Clack Stewardship 1 Lamb’s Passage London EC1Y 8AD

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NEW GRACE MINISTRIES

REPORT OF THE TRUSTEES

FOR THE PERIOD ENDED 31 MARCH 2025

The trustees have pleasure in submitting the Report and Accounts for the year.

OBJECTS OF THE CIO

The object of the CIO is for the public benefit, the advancement of the Christian faith in accordance with the statement of faith in Mitcham, London and such other parts of the United Kingdom and the world as the Charity Trustees may from time to time decide.

GOVERNANCE

The operating decisions of the CIO rest with the trustees who meet regularly to monitor the activities. New trustees will be appointed by the existing trustees, by majority vote.

REVIEW OF ACTIVITIES

New Grace Ministries is committed to enabling as many people as possible to worship at our church and to become part of our community at Grace Church. Our service and worship put faith into practice through worship and music, prayer and scripture. When planning our activities for the year we have considered the commission’s guidance on public benefit and in particular the specific guidance on charities for the advancement of religion, in particular we try to enable ordinary people to live out their faith as part of our community through learning about the gospel and developing their knowledge and trust in Jesus.

During the year there has been a demonstration of the Christian faith in action by serving the community in which it operates in the following principal ways:

A. REGULAR ACTIVITIES

1. Sunday Worship and graded Sunday School

Sunday Services are held at 3:30pm, with Sunday School starting at approximately 4:15pm and concluding at 5pm. Attendance averages about 57 adults and 17 children per service. On the first Sunday of each month, a service led entirely by younger church members is conducted.

2. Cell groups

a) Group 1- 8 adults 4 Kids 4 outsiders b) Group 2- 9 Adults 3 kids 2 outsiders c) Group 3- 11 Adults 2 Kids 2 outsiders d) Group 4- 8 adults 2 outsiders

e) Group 5- 8 adults 5 children

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In total, our Cell Group Meetings include 44 adults, 14 kids, and roughly 10 outsiders each month.

3. Gravitate

A midweek gathering designed for the younger generation, held every Tuesday at 8pm. Meetings are conducted in person on the first Tuesday of each month; all other sessions take place via Zoom. Each week, attendance typically includes 12 Church younger members, 4 external participants, and 4 adults serving as team leaders.

4. Younite

A monthly gathering on the second Friday for teens and youth, including 13 church members and 3 outsiders, featuring fun, fellowship, and spiritual reflection.

5. Grace Grove

A monthly gathering for mostly married women held every 3rd Saturday, with 13–20 attendees sharing fun, fellowship, and spiritual reflection.

6. Fasting, Prayers, and Worship Night

Held bimonthly with about 35 participants. Twice a year, we host Worship Night where younger members join to pray for children taking exams.

7. Communion and Prayers

This weekly Tuesday Zoom meeting began in 2022 to support those unable to attend church and continues by request with about 15 participants. Most of them are not our Church members.

8. Daily Devotional

“Hope For The Day”- This is a weekday devotional that is prepared and distributed via WhatsApp to over 400 recipients. The devotionals are also posted on Facebook for the benefit of the wider community.

9. Planning Team

In 2024, a planning team consisting of 13 members was established to collaboratively plan and review annual activities.

10. Trustee Prayers

Trustees hold a Prayer meeting every Saturday morning at 9 am via Zoom to prayerfully support the ministry.

B. SPECIAL ACTIVITIES

1. Charity Registration

In March 2024, our ministry became a registered charity with all key workers completing their DBS checks.

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2. Family Seminar

We hosted a seminar for parents, husbands, and wives, attended by about 20 people in person.

3. 25th Anniversary

The church commemorated its 25th Anniversary in November 2024 with a special thanksgiving service attended by 220 guests, including 160 community members representing diverse faith backgrounds. The service featured praise and worship, prayers, and testimonies highlighting the positive impact the church has had on individuals and families over the years; the gospel was also shared. A meal was provided for all attendees.

To mark this milestone, the church donated £1,271 to various organisations in Sri Lanka and India supporting the less fortunate, enabling them to provide a special lunch on the same day as the UK celebration.

Special lunch and cake was provided for both young and old

This is a home for the elderly run by nuns. We provided meals for 95 people.

Meals provided for 45 children with special needs

Navajeevana Ministry in Galle, Sri Lanka This is a ministry focused on rehabilitation of people dealing with addiction. We were able to provide meals to 155 individuals.

4. Christmas Celebrations

This was used as an opportunity to reach out to the local community and for members to invite people from outside the church and the community.

a) Children, Teens & Youth: About 30 participants celebrated together with worship and

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a Christmas message shared.

b) Grace Grove: Around 20 ladies attended their Christmas gathering to celebrate the Birth of Jesus. Two of the attendees were from another faith and had the opportunity to listen to our reflections about the birth of Christ and be part of the prayer time. c) Fellowship Dinner: Nearly all church members joined our annual Christmas dinner.

In December 2024, to recognise the significance of Christmas and our celebrations in the UK, the church donated £1,262 to help feed the poor and less fortunate in Sri Lanka and India. The total amount was distributed to various groups.

5. Charitable Giving

The church has provided support to a range of vulnerable groups in Sri Lanka and India through both faith-based teaching and financial assistance as noted above. Recipients include orphans, children with disabilities, widows, the elderly, individuals reintegrating after incarceration, and those recovering from addiction.

The members of the church have served in their communities in countless ways, out of the limelight, supporting those less fortunate and expressing the love of Christ.

C. ACTIVITIES FOR THE YEAR AHEAD

Baptism Service 5 young members have decided to commit their lives to Jesus and publicly declare their faith by taking baptism. This service will be an opportunity for them to invite their friends and families and serve as a testimony of their faith.

A Church Trip to the Beach

This event has been organised specifically to engage with the wider community, offering an opportunity for members of the public to socialise, become acquainted with church members, and gain familiarity with ongoing church activities. It is intended to create a welcoming environment that encourages future participation in regular church programmes.

Kids club 2 days during half term for children between the ages 5 – 15 years extended to those outside of the church community – sharing the gospel through games stories and activities and food.

Women’s Conference is a full-day event for women aged 21 and over from the wider community, providing an opportunity for individuals from various backgrounds to gather in a supportive environment.

By fostering dialogue, reflection, and shared experiences, the Women’s Conference promotes social inclusion and wellbeing, advancing the public benefit by empowering women and strengthening community bonds. Additionally, through faith-based workshops and inspirational sessions, the event encourages spiritual growth, contributing to the charity’s mission to advance faith and support the moral and ethical development of participants.

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VOLUNTEERS

We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. This includes members of the worship team, the Sunday school team, the youth team, women’s ministry, men’s fellowship, catering team and planning team. We acknowledge all who work tirelessly, their invaluable contribution to our ministry and for keeping the church running.

FINANCIAL REVIEW

The trustees are grateful to the members of the congregation who have given generously to support the charity’s work.

During the year total income received £67,990 (plus £8,479 of income from cash transfers in from the previous CUA) and expenditure incurred £57,574 resulting in a surplus of £10,416 (£18,895).

RESERVES POLICY

The trustees have decided that the charity should aim to hold unrestricted cash equivalent to approximately three months of normal operating expenditure (no less than £13,000) so that the charity could continue to operate smoothly should income and /or expenditure vary unexpectedly. The charity ended the year with unrestricted cash of £13,767. The trustees are satisfied that the charity can continue to operate smoothly with this level of reserves for the time being. The level of reserves will continue to be monitored regularly as part of the trustees’ ongoing financial oversight.

TRUSTEES’ RESPONSIBILITIES

Charity law required us as trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year. We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

This report was approved by the trustees and signed on their behalf by:

M Aruliah

~~…………………………~~ M Aruliah (Jan 24, 2026 10:15:26 GMT) …. Mrs M Aruliah

Date: Jan 24, 2026

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

New Grace Ministries

I report to the trustees on my examination of the accounts of New Grace Ministries ('the charity') for the period ended 31 March 2025 on pages 9 to 12 following.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

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 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Hannah Clack

Hannah Clack (Jan 26, 2026 09:12:24 GMT)

Hannah Clack Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: Jan 26, 2026

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New Grace Ministries

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE PERIOD ENDED 31 MARCH 2025

Notes
Income receipts
Donations
Transfer in from CUA
Total receipts
Payments
2
3
Total payments
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Net
of
receipts
/
(payments)
before
transfers
Payments in relation to charitable
activities undertaken directly
Grants and donations
General
Designated
Funds
Funds
£
£
54,787
13,203
216
3,136
55,003
16,339
48,283
5,579
-
3,713
48,283
9,292
6,720
7,047
6,720
7,047
-
-
6,720
7,047
Unrestricted Funds
Restricted
Funds
£
-
5,128
5,128
-
-
-
5,128
5,128
-
5,128
Total
2025
£
67,990
8,479
76,469
53,861
3,713
57,574
18,895
18,895
-
18,895

The notes on pages 11 - 12 form part of these accounts.

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New Grace Ministries

STATEMENT OF ASSETS AND LIABILITIES

AS AT THE PERIOD ENDED 31 MARCH 2025

A Cash funds
Cash at bank with immediate access
B Liabilities
Falling due within one year:
Fee for Independent Examination
Accrued expenses
Total
General
Designated
funds
funds
£
£
6,720
7,047
6,720
7,047
960
-
-
-
960
-
960
-
Unrestricted Funds
Restricted
funds
£
5,128
5,128
-
-
-
-
Total
2025
£
18,895
18,895
960
-
960
960

The accounts were approved by the trustees and signed on their behalf

by M Aruliah (Jan 24, 2026 10:15:26 GMT)M Aruliah date Jan 24, 2026 _____ _____ Mrs M Aruliah

The notes on pages 11 - 12 form part of these accounts.

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New Grace Ministries

NOTES TO THE ACCOUNTS

FOR THE PERIOD ENDED 31 MARCH 2025

Accounting policies

On the 14th March 2024 New Grace Ministries registered as a CIO. The organisation had previously been operating as a CUA . For this reason, these accounts cover 14th March 2024 to 31st March 2025. The assets of the CUA have been transfered to the CIO as at 14th March 2024.

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

2
Payments in relation to charitable activities undertaken directly
Staffing Costs
Ministry Expenses
Equipment
Rent
Subscriptions
Conference and Events
Outreach activities and other ministries
Insurance
Professional Fees
Administration and support
Other costs
3
Grants and donations paid to others
Organisations:
No. of grants
UK Organisations
1
Individuals:
Overseas Individuals
9
UK Individuals
6
Unrestrict Designated
funds
£
-
-
544
1,514
-
3,218
-
-
-
303
-
5,579
100
2,533
1,080
3,713
ed Funds
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
Total
2025
2024
£
£
36,434
-
1,502
-
544
-
8,214
-
936
-
3,482
-
673
-
641
-
440
-
783
-
212
-
53,861
-
100
-
2,533
-
1,080
-
3,713
-
General
funds
£
36,434
1,502
-
6,700
936
264
673
641
440
480
212
48,283
-
-
-
-

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New Grace Ministries

NOTES TO THE ACCOUNTS

FOR THE PERIOD ENDED 31 MARCH 2025

4
Movement of funds
General funds
Designated funds
Charity
Gravitate
Special Programmes
Restricted funds
Building Fund
Total funds
Opening
balance
£
-
-
-
-
-
Receipts
£
55,003
2,452
3,192
10,695
71,342
5,128
5,128
76,469
Payments
£
48,283
-
1,080
-
190
-
8,022
-
57,574
-
-
-
57,574
-
Transfers
£
-
-
-
-
-
Closing
balance
£
6,720
1,372
3,002
2,674
13,767
5,128
5,128
18,895

Building Fund - funds designated by the trustees for future purchase of a building Charity account – funds for charitable giving Gravitate account - used for youth community ministry. Special Programmes – donations collected for special programmes and events

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