Annual Report and Accounts Statement
FIRE & GRACE NATIONS (FAG) a.k.a. UPPER ROOM CHURCH for the Financial Year Ending 2024
Dear OSCR,
In compliance with The Charities and Trustees Investment (Scotland) Act 2005, please find below our Annual Report and Accounts for the financial year ending As the principal contact and trustee for FIRE & GRACE NATIONS (FAG) a.k.a. UPPER ROOM CHURCH, I hereby provide the following statement:
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Charity Status and Activities
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Our charity is currently in a pre-operational phase. During this period, we have been focused on establishing our governance framework, securing a venue, and laying the groundwork for future ministry and outreach activities. As such, we have not yet commenced full operational activities.
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Financial Summary
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Income: No income has been generated from charitable operations during this reporting period.
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Expenditure: Expenditures have been limited to essential setup and administrative costs. These include minimal office expenses, initial procurement of essential items, and costs associated with establishing our governance structures.
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Balance: The charity’s bank balance has no money in it.
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Governance and Future Plans
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The trustees have convened to confirm that the charity remains in its preparatory stage. We have developed policies and procedures to ensure proper governance, and we are in the process of finalizing operational plans. Our strategic roadmap includes commencing regular outreach and ministry activities within the coming, 24 months], which will be outlined in our future annual reports.
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Compliance and Reporting We confirm that all financial transactions during this period have been conducted by applicable accounting standards. The trustees acknowledge our responsibility to submit an accurate and transparent report and have ensured that the necessary records have been maintained.
We trust that this statement clearly and accurately reflects the charity’s financial position for this period. If you require further information or clarification, please do not hesitate to contact me.
Yours sincerely,
Trustee/Principal Contact] FIRE & GRACE NATIONS (FAG) a.k.a. UPPER ROOM CHURCH