Grace Community Church
Accounts
th
th
6 April 2023 to 5 April 2024

Independent examiners. report
to the Trustees of Grace Communlly Church
I report on the occounts of Ihe chority for the yeor ended 5 Apnl 3)24, which
comprise the Receipts ond P¢)yments Acc(yJnls and Statement of A55ets ond
obilities.
Respectfve respon￿￿111￿5 of ITVStees ond examner
As the chority's truslees you are responsible rc￿ the preporotion of the accounts: you
consider that the audit requiremenl of s43121 of the CIKJrities Acl 1993 Ilhe Act) does
not apply. It is my responsibility to 5tote. (x) the bosis of Fxocedures specified in the
Generol Dweclions given by the Charity Commissioners under $43171 Ibl of the Act,
whether parlicvlar matters have come to my attenlion.
Bosts of independent examiner5. report
My examination wos carried out in accordance ￿￿th the General Dwections given by
the Charity Commissioners. An examination incIL￿e$ o review of the occounting
records kept by the chority ond o comparison of the occounts presented with those
records. It also includes con%derolion of ony Unu￿￿1 items or disclosures in the
acc(xJnts, and the seeking of explanations from you as twstees conceming any such
matters. The procedLKes undertaken do rK)t ￿0VIde oll the evidence thot would be
required in an audit and. consequenlty. I do rKJt express an audit op1r￿on on the view
given by the occovnts.
Independent examnets. statement
In connection wilh my examination. no matter come to my attention:
11 I which gives me reasonable cause lo b￿eve that. in any material respect, the
requirements:
to keep oceounting records in occ(Ndonce $41 of the Act: ond
lo prepare accounts vthich accord with the accounting records and to
compw with the accounting requirements of the Act
hove not been met: or
121 lo which. in my opinion. attention should be dr¢)wn in order to enot￿e a proper
underslanding of Ihe accounts to be reached.
m.D.Ha￿ts BA CTA A
Burton Sweet
Ch¢Jrtered Accountants & BUS￿￿$5 A(fvisers
Cooper House
Lower Charfton Estate
Shepton Mallet
Somersel BA4 5QE
22 October 2024

GRACE COMMUNITY CHURCH
Annual Report for the Year to Stb April 2024
Grace Community Church, 2 Landmark Ho￿. Wirral Park Road, Glastonbury is
registered with the Charity Commissioners (No 296437) and constituted by Deed of
TrusL
The Charity is administered by the Trustees comprising:
Mr. Paul Botterill
Mr. John Shaw
Tn]stee-
Mrs Fiona Shaw
The object of the Charity is to assist the members of the Community Church to fulfil
their vision, which is: .
-To make ihe love of God, as expressed through ihe life of Jesus Chris¢, known lo
Glaslonbt4ry and the surrounding area. It goes beyond ihe confines of ihe locality lo
the world wherever the opporlunity arises.
Wefindihat we are enabled io realise ihis by becoming apeople WI￿."
Acknowledge Jesus lo be supreme in all things and ihis issues in a life ofioyfvl
praise.
> Believe Ihat the Bible is ihe WordofGodand live oui ihai belief
> Are "in louch" with Godand communicate wilh Him regularly xnprayer.
> Arefilled wilh ihe Holy Spirit and empowered by Him lo live life af il is meanl
lo be.
> Are commilled to encourage, strengthen and love each oiher.. lofylly suppori
one another in everyday life and in ourfaith. We believe thal when people are
reconciled io God, they can know ihe blessing ofhuman relationships as God
intended
> Believe iha( God will work ot41 Hispurposes in us and in ihe world,. Ihai life is
noi haphazard. bui God is in ¢onlrol.
We believe iha¢, in each of ihese areas, God has provided us wilh direclion and
praclical ways ofserving Him and one another. Eachperson his or herparticular
special gifi(s), which. when used iogeiher, will conlribule to ihe benefit of the
community. '
The Charity supports the leadership of the Elders in guiding the members towards the
realisation of their vision.

The weekly moth¢rs and toddlers group meeting called "Busy Bees" started in the
previous fuwicial year has continued to grow and is a valuable resource for the
community.
The congregation has grown over the year with more children attending. This has put
pressure on the existing facAlity and it was decided to take out a lease on the unit
ab)ve (unit 7) the existing unit 2 and an appropriate lease w&8 signed with an initial
peri(Kl of 2 years at an annual rent of £16.000. Works on unit 7 have been caTried out
by volunt¢¢rs to provide kitchen facilities and a separate room for smaller meetings.
Work has been undertaken, again by volunteers to r¢mov¢ th¢ partition walling to
produce a larger worship S￿e.
The Charity h&$ continued to provide ￿ftIng and games evenings at Landmark
House and hosts meetings of D¢afPlus and U3A groups.
Although 500/0 smaller than in the previous year, the Charity has made a net gain in
tem]s of income and expenditure reflecting the continued measures taken during the
year to reduce Costs and a significant incr&qse in charitable donations.
The Charity has maintained, and significantly increasel its generosity to those in
need both in this county and abroad.
Sign¢d:
J Shaw
John Shaw
Trustee and T￿&Surer 27th J
202

GRACE COMMUNITY CHURCH ACCOUNTS 6TH APRIL 2023 TO 5TH APRIL 2024
1. Receipts & Payments Account (General Fund)
YEAR 2022-2023
Year 2023-2024
Income Receipts
Centre Booklngs
Gift Aid refund
Giftslmlsc.
Heap Offering
Miscellaneou$
IYferiryg$
Tithes
Transfer from Sa¥ings
Net Income Receipts
615
1,067
7,610
563
7,050
2,201
6,642
30.243
11.612
31.16S
5,400
Direct Charitsble Expendlture
Admin
115
2,434
352
Chantable donatsons
Copyright
Child protection fee
IT & Equipment
Fumilure & Equipment
Insurance
Landlord charges
Loan payment
Elder Expenses
Elder fees
Repairs & maintenance
Consullanucouncil feeg
Telephone and Wif
Tithing the tithe
Promotson
Electricty
Water
Transfer
Rent (Unil 71
Expenses Total
7,010
377
171
2,222
2,142
322
1,319
10,195
234
18,000
278
1.345
587
203
295
1,333
9,382
325
17.800
3,011
558
80
72
975
235
5.000
1,142
253
5,000
4,000
154,597
Net receipts for year
2. Cash
Income receipts
Offerings
8usy 8ees
Net Income Receipts
2,632
157
Expenses
Material$ for Unit 7 krtchen etc.
Cash paid Into bank
Expenses Total
Cash in Hand
317
2,472
2,789

3. Statement of Assets and Liabilities at 05104122
Monetary A88ets
Current Account
P￿gnanCY Centre Current Account
Cash in Hand
Savings Account IReservesl
Totsl monetary assets
6,894
648
2.820
25.102
31,480
I 464
P8rrnanent Endowment
Land and buildings owned by Charity..
The Centre Iroundedl
250.000
Other Assets
Fumiture and equiprnent l Value unknown)
Sound Equipment (value unknown)
Liabilities:
Barclays Bank Comrnereial Mortgage
Balanee brought forwarij
Interest
Nov 2021-2022
Nov 2022-Nov 2023
78,538
3.936
73,171
5,154
9,629
-68,696
Money In
Balance
9,303
-73.171
Signed for and on behalf of Grace Community Church
ITrea$urei John Shaw
(Chairl
Paul Bollellll
Date