## **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)**
You**may choose**to 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**
2
|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)**
You**may choose**to 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**
3
## **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**
4
## **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)|
|---|---|
Page 1
## **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_|
Page 2
|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
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 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
2. 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
Page 4