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2022-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date

From 1[st] January 2022 To 31[st] December 2022

Section A Reference and administration details

Charity name

Grace Baptist Church

Other names charity is known by

Registered charity number (if any) 701443

Charity's principal address 290 Edgeley Road

Stockport Cheshire Postcode SK3 0RJ

Names of the charity trustees who manage the charity

1
2
3
4
5
Trustee name Office (if any) Dates acted if not for
whole year
Name of person (or
body) entitled to
appoint trustee(if any)
Mr Stuart Hart Secretary Church Membership
Mr David Last Church Membership
Mr Tim Mills Church Membership
Mr Stephen
Rees
Church Membership
Mr Carl Williams Church Membership

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year As above As above

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Trust Deed (1989) (eg. trust deed, constitution)

How the charity is constituted Trust (eg. trust, association, company)

Trustee selection methods

Chosen by voting at a duly constituted meeting of the members of (eg. appointed by, elected by) the church.

Grace Baptist Church

Trustees Annual Report for the year 2022

1

Section C Objectives and activities
Summary of the objects of
the charity set out in its
governing document
To spread the gospel of Jesus Christ by preaching and teaching
the truths that are contained in the Bible.
Summary of the main
activities undertaken for
the public benefit in
relation to these objects
(include within this section
the statutory declaration
that trustees have had
regard to the guidance
issued by the Charity
Commission on public
benefit)
The church holds meetings at the building that it owns at 290
Edgeley Road, Cheadle Heath, Stockport, SK3 0RJ.
We have held our services which are open to all and have run our
activity for children which we call Bible Explorers. In these we
explain the truths of the Bible to children at a level and in a
manner appropriate for their age.
Our Wednesday evening meetings are mainly attended by
members of the church. At these meetings we study the Bible
more deeply and spend time in prayer for ourselves, for those
whom we know wherever they may be in the world and for those
in government; as we are commanded in the Bible.
We recommenced our free lunch programme which we hold every
Wednesday. This is open to anybody who wishes to attend.
Some of those who attended included pupils at the Pendlebury
Centre (a centre for students with additional needs) which is
across the road.
We continued our annual distribution of Christmas cards to
homes in the neighbourhood of the church and cards at Easter
and Harvest time.
We have run our youth outreach programme by visiting the local
parks seeking to engage in conversations with young people (and
others) and hope this will lead to their lives being much improved.
Trustees have considered the public benefit guidance 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.
Additional details of objectives and activities (Optional information)
Youmay chooseto include
further statements, where
relevant, about:
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.
All grants from the church are for humanitarian purposes or to
advance the cause of the gospel.
We ensure that all recipients are trustworthy and accountable. To
that end one of our trustees visited the person we support in
Albania to see the work he is doing and found all satisfactory.
To spread the gospel of Jesus Christ by preaching and teaching
the truths that are contained in the Bible.
The church holds meetings at the building that it owns at 290
Edgeley Road, Cheadle Heath, Stockport, SK3 0RJ.
We have held our services which are open to all and have run our
activity for children which we call Bible Explorers. In these we
explain the truths of the Bible to children at a level and in a
manner appropriate for their age.
Our Wednesday evening meetings are mainly attended by
members of the church. At these meetings we study the Bible
more deeply and spend time in prayer for ourselves, for those
whom we know wherever they may be in the world and for those
in government; as we are commanded in the Bible.
We recommenced our free lunch programme which we hold every
Wednesday. This is open to anybody who wishes to attend.
Some of those who attended included pupils at the Pendlebury
Centre (a centre for students with additional needs) which is
across the road.
We continued our annual distribution of Christmas cards to
homes in the neighbourhood of the church and cards at Easter
and Harvest time.
We have run our youth outreach programme by visiting the local
parks seeking to engage in conversations with young people (and
others) and hope this will lead to their lives being much improved.
Trustees have considered the public benefit guidance 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.
All our work is carried out by unpaid volunteers except for a paid
minister who takes a large majority of the services.
All grants from the church are for humanitarian purposes or to
advance the cause of the gospel.
We ensure that all recipients are trustworthy and accountable. To
that end one of our trustees visited the person we support in
Albania to see the work he is doing and found all satisfactory.

Grace Baptist Church

Trustees Annual Report for the year 2022

2

Section D Achievements and performance
Summary of the main
achievements of the
charity during the year
We are thankful to God that we have been able to maintain our
Sunday services and mid-week meeting throughout the year and
have continued our teaching in Bible Explorers
We have taught and believe the lives of attenders at the meetings
have been improved and also the lives of those with whom we
havehad contact.
Section E Financial review
Brief statement of the
charity’s policy on
reserves
Our expenditure was greater than our income by a small amount
but our reserves are still healthy.
Our policy concerning reserves is that we should have enough to
cover between six and nine months expenditure (equivalent to
£18,000-27,000). 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 property and
needs maintenance more frequently.
Our reserves are £59,700 and are held in interest bearing
accounts.
Details of any funds
materially in deficit
Further financial review details (Optional information)
Youmay chooseto include
additional information, where
relevant about:

the charity’s principal
sources of funds
(including any
fundraising);

how expenditure has
supported the key
objectives of the charity;

investment policy and
objectives including any
ethical investment policy
adopted.
All our income is from voluntary contributions by members of the
congregation and friends of the church. We do not fund-raise in
any way.
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 to alleviate material suffering in other parts of the world.
The latter comes from gifts restricted for that purpose which is fully
supported by the trustees. The church passes on those gifts for
such designated purposes.
None of the trustees receive 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.
Apart from our reserves being in interest bearing accounts there is
no other formof investment.
Our expenditure was greater than our income by a small amount
but our reserves are still healthy.
Our policy concerning reserves is that we should have enough to
cover between six and nine months expenditure (equivalent to
£18,000-27,000). 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 property and
needs maintenance more frequently.
Our reserves are £59,700 and are held in interest bearing
accounts.
All our income is from voluntary contributions by members of the
congregation and friends of the church. We do not fund-raise in
any way.
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 to alleviate material suffering in other parts of the world.
The latter comes from gifts restricted for that purpose which is fully
supported by the trustees. The church passes on those gifts for
such designated purposes.
None of the trustees receive 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.
Apart from our reserves being in interest bearing accounts there is
no other formof investment.

Grace Baptist Church

Trustees Annual Report for the year 2022

3

Grace Baptist Church 4 Trustees Annual Report for the year 2022

Grace Baptist Church, Stockport Charity Registered in England & Wales, No.701443

Statement of Assets and Liabilities - 31/12/2022

Cash Funds
Bank Current Account (CAF)
Bank Deposit Account (COIF)
Other Monetary Assets
Unclaimed Gift Aid
£
9,491
53,173
62,664
2,578
31/12/2022
£
16,468
48,678
65,147
3,361
31/12/2021

Assets retained for charity's own use: Church Manse – approx. current value 220,000 Church Hall – approx. current value 180,000

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

Liabilities
Committed Missionary Support
Fee for Independent Examination
Signed on behalf of the Trustees
4,440
600
5,040
D.Last
T.Mills
(UFM Worldwide & IGT)
4,200
600
4,800
14/10/2023
14/10/2023

Page 1

Grace Baptist Church, Stockport

Charity Registered in England & Wales, No.701443

Receipts and Payments for year ended 31 December 2022

Receipts
Offertory - cash donations
Donations to Bank Account
Bank Interest (CAF)
Bank Deposit Interest
Reclaimed Tax
General
£
4,820
24,268
10
465
3,522
---------------- ------
33,085
Unrestricted Funds
Harvest
Study Week
£
£
1,034
928
30
581
---------- ----------------
2,543
30
Restricted Funds
Total-2022
£
5,854
25,196
10
495
4,103
----------------
-----
35,658
2021
£
10,331
29,711
6
2,675
-----------
42,723
------ Harvest
£
1,034
928
581
----------
2,543

Note 1: Reclaimed Tax is for Gift Aided donations made from 06/04/2021 to 05/04/2022, amounting to £16,412. Note 2: Gift Aided donations made from 06/04/2022 to 31/12/2022 amounted to £10,310; tax on this, to the value of £2,578, is to be reclaimed in 2023; £128 of this is owing to the Harvest Fund, thus there was a negative balance in this fund on 31/12/2022.

on 31/12/2022.
Payments
Payroll
Salaries 18,729 18,729 17,537
Pensions 3,255 3,255 3,139
Payroll Administration 466 466 463
Missionaries ----------------
22,450
---------------- ---------------- ----------------
22,450
----------------
21,139
Illyrian Gospel Trust - Albania 1,360 1,360 1,200
UFM Worldwide - Kenya 3,000 3,000 3,300
Other Missionaries 500 500 250
Activities and Outreach ----------------
4,860
---------------- ---------------- ----------------
4,860
----------------
4,750
Visiting speakers 300 300 250
Worship Material 61 61 107
Other Travelling Expenses 413 413
Evangelistic Material 464 464 338
Catering 575 575 34
Communications ----------------
1,813
---------------- ---------------- ----------------
1,813
----------------
729
Tele-comms 130
Bulletin 65 65 30
Website 267
----------------
332
---------------- ---------------- 267
----------------
332
100
----------------
260

Page 2

General
Church Hall
£
Utilities - Water
174
Utilities - Gas
384
Utilities - Electric
552
Insurance
1,123
Maintenance
323
---------------- ------
2,556
Manse
Insurance
270
Council Tax
1,422
Maintenance
1,362
---------------- ------
3,054
Miscellaneous
Conferences
30
Independent Examination
600
Books for Library
Miscellaneous
30
Bank Charges
81
---------------- ------
741
Payments from Restricted Funds
EMF Ukraine Appeal
Kabwata Baptist Church, Zambia
---------------- ------
---------------- ------
Total Payments
35,805
---------------- ------
Net receipts/payments
-2,721
Cash funds at start of year
62,413
Cash funds at end of year
59,692
Unrestricted Funds
Harvest
Study Week
£
£
---------- ---------------- --
---------- ---------------- --
184
---------- ---------------- --
184
550
1,600
---------- ---------------- --
2,150
---------- ---------------- --
2,150
184
---------- ---------------- --
393
-154
-521
3,254
-128
3,100
Restricted Funds
Total-2022
£
174
384
552
1,123
323
--------------
----
2,556
270
1,422
1,362
--------------
----
3,054
214
600
30
81
--------------
----
925
550
1,600
--------------
----
2,150
--------------
----
38,139
--------------
----
-2,482
65,147
62,664
2021
£
241
349
417
1,049
1,279
------------
3,334
257
1,369
25
------------
1,651
600
13
45
98
------------
756
3,400
------------
3,400
------------
36,018
------------
6,705
58,441
65,147
Harvest
£
----------
----------
----------
550
1,600
----------
2,150
----------
2,150
----------
393
-521
-128

Funds

General . Unrestricted. For general running of church. Harvest . Restricted. Offerings given for any restricted purpose. Study Week . Restricted. Gifts to support pastors/preachers study weeks.

Transactions with related parties

S.V.Rees served as church leader and was paid £21,984 (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.

During the year, the trustee S Hart and his spouse travelled to Albania to visit a supported charity there. The costs are shown in ‘Other travelling expenses’.

Signed on behalf of the Trustees

T.Mills 14/10/2023 D.Last 14/10/2023

Page 3

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

GRACE BAPTIST CHURCH

I report to the trustees on my examination of the accounts of Grace Baptist Church ('the charity') for the year ended 31 December 2022 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: 18 October 2023

Page 4