Glasgow Chinese Grace Church
Glasgow Chinese Grace Church (GCGC)
Scottish Charity No SC052792
TRUSTEES ANNUAL REPORT AND ACCOUNTS
For the Year Ending 31st August 2024
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Glasgow Chinese Grace Church
TABLE OF CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details | 3 |
| Trustees Annual Report | 4 |
| Independent Examiner’s Report | 7 |
| Receipts and Payments Accounts | 9 |
| Statement of Balances | 10 |
| Notes to the Annual Accounts | 11 |
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Glasgow Chinese Grace Church
REFERENCE AND ADMINISTARTION
Charity Name: Glasgow Chinese Grace Church Charity Registration No: SC052792 Principal Office: Registered Office: Current Trustees:
Retired Officer: N/A Banker: Royal Bank of Scotland Independent Accountant : Ethnic Minority Resource Centre Suite 5.6, 5th Floor Standard Buildings 94 Hope Street Glasgow, G2 6PH
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Glasgow Chinese Grace Church
Trustees’ Annual Report
For the Year Ended 31st August 2024
The trustees have pleasure in presenting their report together with the financial statements and the independent examiner’s report for the year ended 31st August 2024.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
Glasgow Chinese Grace Church is a registered Scottish Charity (SC052792). All its affairs are governed by the Board of Trustees as stipulated in the charities Memorandum and Articles of Association, as well as the Charities Constitution.
Appointment of Trustees
Trustee members are appointed by Annual General Meeting established by the constitution. An induction programme for any new members takes place during the first week of September at which training and governance support is given to ensure that Trustee members are familiar with the Charity's values, aims and responsibilities in their role as designated trustees of the charity.
Objectives and Activities
The purpose of Glasgow Chinese Grace Church is to promote the advancement of religion of Christianity, biblical arts and language. And primarily without distinction of sex or sexual orientation, race, political, religious voluntary and other organisation in a common effort to:-
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a. Organize Bible-based English classes at churches or in the communities.
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b. frequent update the website and develop the website in different kinds of language across the world to benefit more believers,
c. Organize programmes to train the teachers to teach English using the Bible.
d. Partner with schools, churches, mission agencies and missionaries in different regions in devising appropriate teaching materials to be utilized in different places
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Glasgow Chinese Grace Church
Charitable purposes
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(a) To spread and preach Christ's Gospel to unbelievers by means of visual, audio, music, print and other mass media etc.
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(b) To promote religious education and Christian faith.
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(c) To develop and recommend from time-to-time general educational policies and initiatives in the promotion of education within a Christian context.
(d) To provide outreach services to target communities that have high proportions of international students, local students and immigrants
The main Activities and Achievements
In the period from August 2023 to August 2024, in addition to our own weekly services, new partnerships were formed with churches and Bible schools. Churches and organizations that have partnered with us for conducting training and classes in this year include:
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Hong Konger City Gospel Centre, Birmingham
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SELBL
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Rehoboth Living Church
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Glasgow City Church
The office premises in Gordon Street have continued to welcome newcomers through weekly prayer meetings. The place will continue to serve as our contact point with ethnic minorities through regular prayer meetings, consultation and counseling.
It is a pleasure to see that by emphasizing the importance of ethnic equality in the ministry, people and churches of different ethnic origin were trained and mobilized in this mission. As seen from the above list, our partners include both local denominations as well as diaspora churches. Through partnering with such a diversity of churches and mission organizations like SELBL, we are able to encourage and empower people of all nations to participate in mission training.
In addition, in June 2024, with the sponsorship of East Dunbartonshire Council Fund, we maintained a good presence to reach out to the Chinese community. All these outreach activities took place in East Dunbartonshire. The rapport built with the community does help us in raising our profile in bridging the gaps of ethnic minority groups.
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Glasgow Chinese Grace Church
Financial Review
The accounts have been prepared on a Receipts and Payments basis and in accordance with the applicable Accounting Standards, Statement of Recommended Practice, Accounting Reporting by charities (SORP 2005) and applicable accounting standards and the charities Acts 1993.
Financial performance:
Glasgow Chinese Grace Church has performed reasonably well in trying to meet its goals in terms of financial status. Though there are so many challenges due to lack of finances. We have been able to organize several teacher training sessions throughout the year and training fees from church members has been a source of revenue that has enabled the organization to function so far.
Reserve Policy
The trustees’ policy is to establish and maintain a reserve that can meet At least 3 months of our normal operating costs. Now, the trustees make sure that any finances that remain are held in the charity account to build up our future reserve according to the charity objectives.
Risk Management
First a special meeting was called to discuss funding raising issues and promotion strategies. Committee members made aware the importance of promoting ethnic equality and diversity in all SELBL activities to welcome workers and volunteers from all nationalities to participate. Once the Funding secured only then project will be approved
Plans for future Period
Next projects will involve organising summer English camp in Scotland in 2025 summer. Also, for the first time after pandemic we will be organising English mission trips to the Israel in summer 2025.
Declaration
The trustees declare that they have approved the trustees’ report above on 31st March 2025, and signed on their behalf by:
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Glasgow Chinese Grace Church
Independent Examiner’s Report
For the Year Ended 31st August 2024
This is an Independent Examiner’s Report to the Trustees of Glasgow Chinese Grace Church for the year ended 31[st] August 2024, which are set out on pages 9 to 12
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 (“the 2005Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity’s trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section 449(1) (c) of the 2005 Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention: -
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Which gives me reasonable cause to believe that in any material respect, the requirements: -
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To keep accounting records in accordance with section 44(1) (a) of the
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2005 Act and Regulation 4 of the 2006 Regulations, and
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To prepare Accounts which accord with the accounting records and
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comply with Regulation 9 of the 2006 Regulations (as amended)
Have not been met
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Glasgow Chinese Grace Church
- I would however recommend that the charity continue to maintain all accounting documents and records in accordance with the 2005 Act, and the accounts should comply with Regulation 9 of the 2006 Accounts Regulations (as amended).
HPJ – CA
Suite 5.6, 5th Floor, Standard Buildings 94 Hope Street Glasgow, G2 6PH
Relevant professional qualifications and body
AIA – Member of the Association of International Accountants
ACIE – Affiliate Member
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Glasgow Chinese Grace Church
Statement of Receipts and Payments For the Year Ended 31st August 2024
| Receipts | Note | Unrestricted Funds Restricted Funds Total for 2024 Total for 2023 |
|---|---|---|
| Voluntary Receipts: | ||
| Grants Donations Receipts from Charitable Other Receipts - Gift Aid Total Receipts |
- 650 650 - 1,549 - 1,549 - - - - |
|
| 1,549 650 2,199 - |
||
| Payments Cost of Fundraising |
- - - - |
|
| Cost of Charitable Activities Grants and Donations Governance Costs Purchase of Equipment Purchase of Fixture and Fittings Total Payments Surplus/(Deficit) for the year Transfer between funds Surplus/ (Deficit) for the year |
5 6 7 |
894 650 1,544 - - - - - - - - - - - - - - - - - |
| 894 650 1,544 - |
||
| 654 - 654 - - - - - |
||
| 654 - 654 - |
||
The Notes on Pages 11 and 12 form an integral part of these accounts
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Glasgow Chinese Grace Church
Statement of balances
As at 31st August 2024
| Funds Reconciliation | Unrestricted Funds Restricted Funds Total 2024 Total 2023 |
|---|---|
| Cash at Bank & in Hand - 01/09/2023 Surplus/(Deficit) for the year Cash at Bank & In Hand |
2,335 - 2,335 - 654 - 654 - |
| 2,989 - 2,989 - |
|
| Bank and Cash Balances Bank Deposit Account |
- - - - |
| Bank Current Account | 2,989 - 2,989 - |
| Other Assets (Unrestricted Fund) Cash in Hand Equipment at cost: |
- - - - |
| 2,989 - 2,989 - |
|
| Music equipment | - - - - |
| Fixture & Fitting: Repair Work - Fixture and Fitting Chairs GRAND TOTAL Office Chairs Asco Extinguishers Totals |
|
| - - - - - - - - |
|
| - - - - |
|
| - - - - - - - - |
|
| - - - - |
Liabilities (Unrestricted Fund)
The church had no Liability as at 31st August 2024 and all funds were unrestricted
The Notes on pages 11 & 12 form integral part of these accounts
Approved by the trustees on the 30th April 2025 and signed on their behalf by: -
Chairperson
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Glasgow Chinese Grace Church
Notes to the Accounts - For the Year Ended 31st August 2024
1. Basis of Accounting
These assounts have been prepared on the Receipts and Payment basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)
2. Nature and purpose of funds
During the year under review the church managed to raise funds from both sources, namely; unrestricted and restricted, and were all used at the discretion of the trustees. The church raised funds for donations to various organisations. All the funds received were wholly and exlusively used for pursuit and furtherance of the church's objects as stipulated in its constitution.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purpose. During the period under review, the church did receive restricted funds.
3.Related Party Transactions
There was no remuneration paid to any charity trustee or to any person connected to a trustee during the year.
4. Grants Received
There was grant received by the Glasgow Chinese Grace Church during the year under review.
| Grants received | Unrestricted Funds Restricted Funds Total for 2024 Total for 2023 |
|---|---|
| IMPACT FUNDING | - 650 650 - |
| Total | - - - - |
| - 650 650 - |
5. Cost of Charitable Activities
| Guest Speaker, Conference & Seminars Web Expenses Insurance Charges Food & Refreshment Venue Hire 5. Cost of Charitable Activities |
Unrestricted Funds Restricted Funds Total for 2024 Total for 2023 |
|---|---|
| 350 650 1,000 - 207 - 207 - 85 - 85 - 20 - 20 - 232 - 232 - |
|
| 894 650 1,544 - |
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Glasgow Chinese Grace Church
Notes to the Accounts - For the Year Ended 31st August 2024
6. Grants & Donations made
There were no grants and donations made during the period:-
----- Start of picture text -----
Unrestricted Restricted Total for Total for
funds funds 2024 2023
- - - -
- - - -
- - - -
7. Governance Costs
Annual Accounts & AGM - - - -
- - -
Independence Examination -
- - -
Legal Advice -
- - - -
----- End of picture text -----
8. Transfers between funds
There was no any transfer of funds from either unrestricted or restricted funds.
9. Funds collected for other charities
There was no any fund collected on behalf of other charities during the period under review.
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