Trustees' Annual Report for the period
Period start date Period end date
From 1[st] January 2023 To 31[st] December 2023
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 Name of person (or Dates acted if not for Trustee name Office (if any) body) entitled to whole year appoint trustee (if any) 1 Mr Stuart Hart Secretary Church Membership 2 Mr David Last Church Membership 3 Mr Tim Mills Church Membership Church Membership 4[Mr Stephen ] Rees 5 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 ~~SS~~ 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) Chosen by voting at a duly constituted meeting of the members of Trustee selection methods the church. (eg. appointed by, elected by) ~~oe~~ Grace Baptist Church 1 Trustees Annual Report for the year 2023
| 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, in the main, are 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. Our free lunch programme which we hold every Wednesday has continued. This is open to anybody who wishes to attend. We continued our annual distribution of Christmas cards to homes in the neighbourhood of the church and invitation cards at Easter and Harvest time in the autumn. 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 oftheBible. 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. |
Objectives and activities |
|---|---|
| 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 the truths that are in the Bible and believe the |
Grace Baptist Church
Trustees Annual Report for the year 2023
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| Section D | Achievements andperformance |
|---|---|
| lives of attenders at the meetings have been improved and also the lives of those with whom we have had contact. |
|
| Section E | Financial review |
| Brief statement of the charity’s policy on reserves Our income for the year was greater than our expenditure by a small amount and 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 a little over £60 000 and are held in interest bearing accounts. Details of any funds materially in deficit None. 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 restricted 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 income for the year was greater than our expenditure by a small amount and 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 a little over £60 000 and are held in interest bearing accounts. |
|
| None. | |
| 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 restricted 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. |
Section F Other optional information
Grace Baptist Church
Trustees Annual Report for the year 2023
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Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position Date |
S. V. Rees | C. Williams | |
|---|---|---|---|
| Pastor (minister) | Deacon | ||
| 29 September 2024 | |||
| 29 September 2024 |
Grace Baptist Church
Trustees Annual Report for the year 2023
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Grace Baptist Church, Stockport Charity Registered in England & Wales, No.701443
Statement of Assets and Liabilities - 31/12/2023
| Cash Funds £ Bank Current Account (CAF) 7,547 Bank Deposit Account (COIF) 55,503 Cash 150 63,200 Other Monetary Assets Unclaimed Gift Aid 2,894 31/12/2023 Assets retained for charity's own use: |
£ 9,491 53,173 62,664 2,578 31/12/2022 |
|---|---|
| Church Manse – approx. current value 250,000 | |
| Church Hall – approx. current value 200,000 | |
| 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 |
5,240 4,440 800 600 6,040 5,040 Carl Williams David Last 12/09/2024 12/09/2024 (UFM Worldwide & IGT) |
|---|---|
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Grace Baptist Church, Stockport Charity Registered in England & Wales, No.701443
Receipts and Payments for year ended 31 December 2023
| Receipts Offertory - cash donations Donations to Bank Account Bank Interest (CAF) Bank Deposit Interest Reclaimed Tax Transfers between funds |
General £ 4,812 27,686 19 2,195 3,130 -366 ---------------- ------ 37,476 Unrestricted Funds |
Harvest Study Week £ £ 2,887 1,887 136 422 366 ---------- ------------------ 5,562 136 Restricted Funds |
Other £ 800 -------- 800 |
Total-2023 £ 7,699 30,373 19 2,331 3,552 0 ---------------- ----- 43,974 |
2022 £ 5,854 25,196 10 495 4,103 ----------- 35,658 |
|---|---|---|---|---|---|
| ------ |
Note 1: Reclaimed Tax is for Gift Aided donations made from 06/04/2022 to 05/04/2023, amounting to £14,207. Note 2: Gift Aided donations made from 06/04/2023 to 31/12/2023 amounted to £11,576; tax on this, to the value of £2,894, will be reclaimed in 2024; £566 of this is owing to the Harvest Fund, thus there was a negative balance in this fund on 31/12/2023.
| Payments | ||||
|---|---|---|---|---|
| Payroll | ||||
| Salaries | 19,878 | 800 | 20,678 | 18,729 |
| Pensions | 3,313 | 3,313 | 3,255 | |
| Payroll Administration | 484 | 484 | 466 | |
| Missionaries | ---------------- 23,675 |
---------------- -------------------------- 800 |
---------------- 24,475 |
---------------- 22,450 |
| Illyrian Gospel Trust - Albania | 1,440 | 1,440 | 1,360 | |
| UFM Worldwide - Kenya | 3,000 | 3,000 | 3,000 | |
| Other Missionaries | 500 | |||
| Activities and Outreach | ---------------- 4,440 |
---------------- -------------------------- | ---------------- 4,440 |
---------------- 4,860 |
| Visiting speakers | 975 | 975 | 300 | |
| Worship Material | 29 | 29 | 61 | |
| Other Travelling Expenses | 413 | |||
| Evangelistic Material | 656 | 656 | 464 | |
| Catering | 741 | 741 | 575 | |
| Communications | ---------------- 2,401 |
---------------- -------------------------- | ---------------- 2,401 |
---------------- 1,813 |
| Bulletin | 50 | 50 | 65 | |
| Website | ---------------- 50 |
---------------- -------------------------- | ---------------- 50 |
267 ---------------- 332 |
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| General Church Hall £ Utilities - Water 196 Utilities - Gas 995 Utilities - Electric 776 Insurance 1,255 Maintenance 81 ---------------- ------ 3,303 Manse Insurance 285 Council Tax 1,484 Maintenance ---------------- ------ 1,769 Miscellaneous Conferences 230 Independent Examination 680 Miscellaneous 28 Bank Charges 62 ---------------- ------ 1,000 Payments from Restricted Funds EMF Ukraine Appeal Kabwata Baptist Church, Zambia Forest Fold Baptist Church, Crowborough, UK, for Turkey Earthquake Appeal Amyand Park Chapel, Twickenham, UK, for Sri Lanka Appeal ---------------- ------ ---------------- ------ Total Payments 36,638 ---------------- ------ Net receipts/payments 838 Cash funds at start of year 59,692 Cash funds at end of year 60,530 Unrestricted Funds |
Harvest Study Week £ £ ---------- ------------------ ---------- ------------------ ---------- ------------------ 2,500 3,500 ---------- ------------------ 6,000 ---------- ------------------ 6,000 ---------- ------------------ -438 136 -128 3,100 -566 3,236 Restricted Funds |
Other £ -------- -- -------- -- -------- -- -------- -- -------- -- 800 -------- -- 0 0 0 |
Total-2023 £ 196 995 776 1,255 81 -------------- ---- 3,303 285 1,484 -------------- ---- 1,769 230 680 28 62 -------------- ---- 1,000 2,500 3,500 -------------- ---- 6,000 -------------- ---- 43,438 -------------- ---- 536 62,664 63,200 |
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 |
|---|---|---|---|---|
Funds
General . Unrestricted. For general running of church. Harvest . Restricted. Offerings collected for any restricted purpose. Study Week . Restricted. Gifts to support pastors/preachers study weeks. No payments were made from this fund in this year. Other. Restricted. Other donations given for restricted purposes.
Transactions with related parties
S.V.Rees served as church leader and was paid £23,991 (including employer pension contributions) and provided with a house for serving in that capacity, not for serving as trustee.
D. Last was paid £275 for preaching ministry, not for serving as a trustee.
These payments are permitted by the charity's governing document.
Signed on behalf of the Trustees
David Last 12/09/2024 Carl Williams 12/09/2024
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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 2023 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
- the accounts do not accord with the accounting records.
During the course of my examination I noted that payments totalling £10,440 have been made to four registered charities based around the UK. These payments would appear to be in contravention of the charity’s governing document which limits the activity to the town of Stockport.
Other than the above matter, I have no other 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.
J. Young
Jaimée Young
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 03 October 2024
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