GRACE EVANGELICAL CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31.41. DECEMBER 2024 CONTENTS Page l. and 2. Annual Report Receipts and Payment Account Statemenl of Assets and Liabilities Independent Examiners Report CHURCH INFORMATION RECI.STF.RF.D CHARITY NUMBER 230336 REGISTERED ADDRESS Kingmoor ROE Carli%le CA3 9PS TRUSTF.FS Mrs. Rita Singh Dr. J. Crosby Mr. L. Rowcroft OFFICERS Pastor/Chairnian Treasurer Secretary Mr. Steven Glass Mrs. Helen Fari5h BANKERS Virgin Money 82 English Street Carli%1¢ CA3 8FIP INDEPENDENT EXAMINFR N.B. Lancaster and Co. Chartered Accounlants 6 Bwnswick Street Carlisle CAI IPN PAGE I GRACE EVANGELICAL CHURCH TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 OILIECTS OF THE CHARITY .1 o provide services for th¢ advancement of religyion by the preaching of the Word of God and for the Christian growth in Grace and Fellowship. ACTIVITIES AND ACHIEVEMENTS In planning the activities for the year the Trustees had regard to the guidance issued by the Charity Commibsion on public benefit. The Officer8 and Members hold quarterly meetings lo discuss Doctrinal, Financial and Praclical miiltL'rs ol. the Church Fellowship. Worsliip meetings open to all are now held via Zoom held on Sunday 10.45. am and 6.30 pm coinm¢ncing with a prayer meeting. Tuesday 7.30 pm Bible Study and prayer meeting. A Lhildren's gTroup is also in operation continues a5 Pastor. 'Fhe lollowing donations were made during the year'.- Missiona Donations: -NIL Other Donations: - £880 PAGE 2 No major building expenses were incurred in respect of the church property, during the year. SIGNED ON BEHALF OF THE TRUSTEES ON 15111 APRIL 2025 Mrs. Rila Singh ) TRUSTEES Dr. J. Crosby PA GRACE EVANGELICAL CHURCH RECEIPTS ANO PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Y.E. 31.12.2023 INCOME 23.850 General Fund Collection and Donations 34.462 9,323 Stewardship Donation 6,586 33,173 TOTAL INCOM 41,048 EXPENDITURE 23,715 Wages and National Insurance 12,252 819 Pension Costs 330 953 Preaching Exp8nso$ 965 1.332 Paslofs Travelling Expenses and Book Allowance 211 880 Missionary and other Donations 1.410 323 Water Rates 340 946 Insurance 1,084 2,198 G89 and Electricity 3,278 304 Building Expenses 198 461 Broadband Costs 446 787 Postage. Stationery, Advertising arsd Publications 1,000 Sundry Expenses 262 150 Accountancy Fees 150 120 Independent Examinerfs Fees 120 33,672 AL PAYMENT 22,048 14991 NET DEFIC ISURPLUS FOR THE Y 19,002 PAGE 4 GRACE EVANGELICAL CHURCH STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER 2024 AS AT 31.12.2023 FIXED ASSETS 35,118 Property al Cost 35,118 RENT ASSETS Balance at Clydesdale Bank PLC 13,360 Current Account 31.877 RRENT LIABILITIES 755 Sundry Creditor$ 270 12,605 NETC RR ETS 31,607 47,723 ET 66,725 ENERAL FUND 48.222 Balan as at 31 st December. 2023 47,723 14991 Nel {DeficitllSurplus for the Year 19.002 47,723 66,725 47.723 FUND A AT 31ST DECEMBER 2 66,725 SIGNED ON BEHALF 5TH APRIL 2025 F THE TRUSTEES ON Mrs. Rits I TRUSTEES Dr. J. Crosb PAGE 5 INDEPENDENT EXAMINER'S REPORT TO THE TRU.STEES OF GRACE EVANGELICAL CHURCH We report on the accounts of the Grace Evangelical Church (Charity No. 230336) for the year ended 31, Dec¢mber 2024 which are set oul on pag)es I to 4. Res ective res on5ibilities of trustees and ¢xgminer The charity's trusiees are responsible for th¢ preparation ol. the aLcounts. The charity's trustees consider thal an audit is nol required for this year (under section 144 of the Charilie5 Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to (a) (b) examine the accounts under section 145 of the Charities Act. to follow the proc¢durL's laid down in the (ieneral Direclions gyiven by the Charity Commission (under section 145{5){b) of the Charilies Act. and to siale whether particular matters have corne to my altention. (c) Basis of the inde endent examiner's re ort My examination was carried out in accordance with the General Directions g>iven by the Charily Commis%icin. An examination includes a review of the a¢¢ounling records kept by the charity and a iomp(Irison ol. the aLLounts presenlLd with those reLords. li also in¢ludcs considcration of any unusual itcm5 or dis¢losure5 in the acLounts beekingy explanations Ir()m the Iruslees LonLernin¥ any such mallers. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is givL'n as 10 whether the accounts present a 'tru¢ dnd lair view and lh¢ report is limited Iv Ihose matters set out in the statement below. Inde endent examiner's st&tem¢nt In connection with my examination, no matters have come to my attention which give me cause lo believe Ihal tn, any material respecl.. the accounting records were not kept in accordance with section 130 of the Charities Act. or the accounts did nol accord with the accounting records.. or the aLcounls did not comply with the applicable requirements concerning the form and conlcnt ol. accounts sel out in the Charities (A¢¢ounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true dnd lair, view which 14 not a matter con%idered as part of. an indcpcndent examination. I have come across no other matters in conneltion with the ixamin ol. ilie accounts to be reached. l. C. Lancaster F.C.A. N.B. Lancasler and Co. Chartered Accountanls 6 Brunswick Street Carlisle, CAI I PN 15th April 2025