2020-12-31-accounts

Trustees, Annual Report for the period IoK41ssI Period stsrt dale Period end date From $1 January 2020 To 31 December 2020 Reference and administration details Section A Charlty name Gra￿ Baptist Church Other names charity is known by Registered charity number {if anyl 701443 Charity's principal address 135 Garners Lane Stockport Cheshire Postcode SK3 8QS Names of the charity trustees who manage the charlty Dates acted if not for whole ear Trustee name Office lif any) Name of person lor body) entitled toa int trustee ifan Church Membership Church Membership Church Membership Church Membership Church Membership Church Membership Names of the trustees for the charity, if any, Ifor example, any custodian trustees) Name Dates acted if not for whole ear As above As above Mr Geoff Budgell Mr Stuart Hart nd Until 22 August Secretary Mr David Last Mr Tim Mills Mr Stephen Rees Mr Carl Williams Section B Structure, governance and mana ement Descrlptlon of the charity's trusts Type of governing document Twst Deed (1989) How the charity is constituted Trust Trustee selection methods Appointed at a members, meeting. TAR March 2012

Section C Objectives and activities To Sp￿ad the gospel of Jesus Christ by preaching and teaching the truths that are contained in the Bible. Summary of the objects of the charity set out in its govèrning document The church holds meetings al the building that it owns at 290 Edgeley Road, Cheadle Heath Stockport SK3 ORJ. Unlil March, when the first lockdown regulations prevented churches from gathering for worship, services were held on Sunday mornings and Sunday evenings. These were open to all members of the public and at which we explained the teachings of the Bible and their application to our lives. The servi￿$ were broadcast on-line during those periods when it was forbidden to gather. The services were also broad¢asl on-line for some of the lime when corporate worship was allowed. When possible we held Sunday School classes on Sunday aftemoons to teach children the same Iruths but at an age-appropriate level. For those periods when we could not hold such meetings due to social distancing requirements we produced the lessons for broadcasting over the intemet. Summary of the main activities undertaken for the public benefit in relation to these objects (Include wlthln this section the statutory declaratlon that trustees have had regard to the guidance Issued by the Charity Commission on public benefit) The same is true of our Wednesday evening meetings which are mainly attended by members of the church. Al these meetings we study the Bible more deeply and spend time in prayer for ourselves, for those whom we know elsewhere in the worfd and for those in govemment., as the Bible commands us to do. All our other planned activities have not been taking place because of the various restrictions put in place. We have been unable to go into care homes and our free lunches also ased from March. We did distribute Christmas cards to the residents in the neighbourhood of the Church and ¢alendars to the slaff and residents in a Care home. Trustees have considered the public benefit guidan￿ issued by the Charity Commission and have assessed the ways in which we can contact people and teach them the timeless and society-enhancing truths of the Bible being mindful of the need for extra care in the situation brought upon us by the COVID pandemic. Additional details of objectives and activilies (Optional infom)ation) You may choose to include further statements, where relevant, aboLrt'. policy on grantmaking., policy programme related investment., contribution made by volunteers. All our work is carried out by unpaid volunteers except for a paid minister who takes a large majority of the services. Section D Achievements and performance TAR Mar¢h 2012

Section D Achievements and performance We are thankful to God that we have been able to maintain our Sunday services and mid-week meeting throughout the year either Gorporately or over the intemet. Summary of the main achievements of the charity during the year Section E Financial review We have a reserves policy for be￿￿ six and nine months expenditure but we have a higher level of reserves because the church building is a modular, pre-fabricated structure and we anticipate there could be major expenses in future. The manse is in good condition but it is an aging propety and needs regular maintenance. Brief statement of the charlty's pollcy on reserves Our income has been slightly affected by the COVID-19 pandemic bLrt the reduction in income was approximately the same as our reduction in ex enditure com ared to 2019.. Details of any funds materially in deficit Further financial review details {Optional inforniation All our income is from voluntary contributions by members of the congregalion and friends ofthe church. Wè do not fund-raise in any way. You may ehoose to include additional infomiation, where relevant about-. the charity's principal sources of funds (including any fundraising)., how expenditure has supported the key objectiV6S of the charity., investment policy and objectives including any ethical investment policy adopted. Our current funding enables us to support our minister who teaches the Bible week by week. A small portion of our funds go to support those working overseas or lo alleviale material suffering in other parts of the wortd. The latter comes from gifts restricted for that purpose which is fully supported by the trustees. The church passes on those gifts for such restricted purposes. None of the trustèes re￿1ve any remuneration for any of the work they undertake in their role as a trustee. The minister is paid for undertaking his role of church leader and not for being a trustee. He is also granted accommodation in the manse owned by the church. Section F Other optional information TAR Marth 2012

Section G Declaration The trustees declare that they have approved the trustees. report above. Slgned on behalf of the charlty's trustees Signature(s) Full name(sl Posltlon (eg Secretsry, Chalr, etcl Date lo21 TAR March 2012

Grace Baptist Church, Stockport

Charity Registered in England & Wales, No.701443

Statement of Assets and Liabilities - 31/12/2020

Cash Funds Bank Current Account (CAF) Bank Deposit Account (COIF) Other Monetary Assets Unclaimed Gift Aid	£ 9,969 48,672 58,641 1,885 31/12/2020	£ 9,936 48,545 31/12/2019
		58,481 2,312

Assets retained for charity's own use:

Church Manse – approx. current value 200,000 Church Hall – approx. current value 160,000

Piano, books, tables, chairs and other furniture & equipment kept at Church Hall – current value unknown.

Liabilities Stowmarket Baptist Church Committed Missionary Support Fee for Independent Examination Pension December 2020 Uncollected water bills for Hall	200 5,400 540 27 80 6,247 (UFM Worldwide & IGT) (Apr-Dec 2020) (Paid 06/01/2021)	5,730 540
		6,270

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Grace Baptist Church, Stockport

Charity Registered in England & Wales, No.701443

Receipts and Payments for year ended 31 December 2020

Receipts Offertory - cash donations Donations to Bank Account Bank Deposit Interest Reclaimed Tax	Unrestricted Funds	Unrestricted Funds	------	Harvest £ 1,090 956 380 ---------- 2,427	MB	Pension Diaconal £ £ 210 500 ---------- ---------------- - 210 500 Restricted Funds	Study Week		Total-2020 2019 £ £ 10,417 14,536 22,496 26,109 128 275 3,018 3,191 ---------------- ---------------- 36,058 44,110
	------	General				Pension £ 210 ---------- ----- 210
		£ 8,827 20,830 120 2,638 ---------- 32,414			------		£ 500 8 --------------- 508

Note 1: Reclaimed Tax is for Gift Aided donations made from 06/04/2019 to 05/04/2020, amounting to £12,073.

Note 2: Gift Aided donations made from 06/04/2020 to 31/12/2020 amounted to £7,540; tax on this, to the value of £1,885, is to be reclaimed in 2021; £250 of this is owing to the Harvest Fund, thus there was a negative balance in this fund on 31/12/2020.

		balance in this fund on 31/12/2020.
Payments
Payroll
Salaries	17,122		17,122	24,999
Pensions	2,881		2,881	2,993
Travelling Expenses				268
Payroll Administration	454		454	540
	----------------		----------------	----------------
	20,458		20,458	28,800
Missionaries
Illyrian Gospel Trust - Albania	1,200		1,200	450
UFM Worldwide - Kenya	4,530		4,530	5,520
Other Missionaries	250		250
	----------------		----------------	----------------
	5,980		5,980	5,970
Activities and Outreach
Visiting speakers	150		150	550
Worship Material	64		64	132
Sunday School	129		129	251
Other Travel Expenses		179	179
Evangelistic Material	534		534	826
Catering	48		48	522
	----------------	---------------- ---------------- ---------------- ----------------	----------------	----------------
	925	179	1,104	2,281
Communications
Tele-comms	555		555	476
Bulletin	16		16	96
Website	146		146	112
	----------------		----------------	----------------
	716		716	684

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Church Hall Utilities - Water Utilities - Gas Utilities - Electric Insurance Maintenance Manse Insurance Council Tax Miscellaneous Conferences Independent Examination Diaconal Fund Books for Library Miscellaneous Bank Charges Payments from Restricted Fun Pension for missionary in Kenya Care SriLanka Christian Compassion Ministries, Manil IGT, Albania Earthquake Appeal Kabwata Baptist Church, Zambia Total Payments Net receipts/payments Cash funds at start of year Transfers between funds Cash funds at end of year	Unrestricted Funds	Unrestricted Funds	------ ------ ------	Harvest £ 200 2,300 ---------- 2,500 ---------- 2,500 ---------- -74 -380 204 -250	MB	Pension Diaconal £ £ 500 ---------------- - 500 274 ---------- 274 ---------- ---------------- - 274 500 ---------- ---------------- - -64 0 78 0 -14 0 0 Restricted Funds	Study Week	-- -- -- -- -- --	Total-2020 £ 52 287 392 866 372 -------------- 1,969 490 1,322 -------------- 1,812 150 540 500 35 60 -------------- 1,285 274 200 2,300 -------------- 2,774 -------------- 36,098 -------------- -39 58,481 0 58,441	2019 £ 161 303 579 815 252 ---------------- 2,110 486 1,273 ---------------- 1,759 30 540 1,000 45 35 60 ---------------- 1,710 410 800 1,600 1,200 ---------------- 4,010 ---------------- 47,325 ---------------- -3,215 61,695 0 58,481
	------ ------ ------ ds a ------ ------	General				Pension £ ---- 274 ---------- 274 ---------- ----- 274 ---------- ----- -64 78 -14 0
		£ 52 287 392 866 372 ---------- 1,969 490 1,322 ---------- 1,812 540 35 60 ---------- 635 ---------- 32,495 ---------- -81 55,708 -190 55,437			------ ------ ------		£ 150 --------------- 150 --------------- 329 --------------- 179 3,075 3,254

Funds

General . Unrestricted. For general running of church. Harvest . Restricted. Offerings given for any restricted purpose.

MB Pension . Restricted. Gifts to provide pension for a missionary in Kenya. This fund has now been closed. Study Week . Restricted. Gifts to support pastors/preachers study weeks.

Diaconal . Restricted. Gifts to help in cases of hardship among members of the congregation.

Acting as agent

On occasion the charity receives money on behalf of other charities, which it banks and then pays out to these charities. During the year, the charity acted as agent for Stowmarket Baptist Church and, in that capacity, received £2,200 and paid £2,000. £200 remained in the Bank Current Account on 31/12/2020 and was paid on 06/01/2021. These funds have been removed from the Receipts and Payment account. This arrangement has now ceased after the payment on 06/01/2021.

Transactions with related parties

S.V.Rees served as church leader and was paid £20,003 (including employer pension contributions) and provided with a house for serving in that capacity, not for serving as trustee; these payments are permitted by the charity's governing document.

Signed on behalf of the Trustees

C. Williams 07/04/2021 S. Hart 07/04/2021

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

GRACE BAPTIST CHURCH, STOCKPORT

I report to the trustees on my examination of the accounts of Grace Baptist Church, Stockport ('the charity') for the year ended 31 December 2020 on pages 1 to 3.

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.

Jaimée Young

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 14 April 2021

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