GRACE TRUST (BRISTOL)
We are a church charity that exists for the advancement of the Christian faith and the worship of God in the South West region of the UK. The preaching and proclamation of the Christian gospel and teaching of Christian doctrine and principles and the pastoral care of Christian people. The relief of persons who are in a condition of need, hardship, distress or who are aged or sick.
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £173,879.26 against total expenses of £176,112.63, resulting in a net deficit of £2,233.37. The trustees aim to maintain unrestricted funds of approximately £5,000 to cover emergency situations. No material fund deficits were reported.
What the accounts disclose
“It is the trust’s aim to maintain a balance on unrestricted funds (if possible) which equates to at least one month unrestricted payments, or approximately £5,000, to cover emergency situations that may arise from time to time.” — page 4
Trustees
- Jonathan Sussexchair
- Matthew Dylan Chapman
- PETER JOHN BOWLEY
- Timothy James Hacker
- Tom Haigh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £174k | £176k |
| 31/12/2023 | £202k | £182k |
| 31/12/2022 | £169k | £144k |
| 31/12/2021 | £158k | £137k |
| 31/12/2020 | £178k | £158k |
Common questions
Is GRACE TRUST (BRISTOL) financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £173,879.26 against total expenses of £176,112.63, resulting in a net deficit of £2,233.37. The trustees aim to maintain unrestricted funds of approximately £5,000 to cover emergency situations. No material fund deficits were reported.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOSPEL PARTNERS TRUST | 1 | £4k |
Charities like this
- GRACE BAPTIST CHARITIES LIMITED
- GRACE BAPTIST TRUST CORPORATION
- THE GRACE CHURCH HACKNEY TRUST
- GRACE COMMUNITY CHURCH, EDENBRIDGE
- GRACE BAPTIST PARTNERSHIP
- GRACE CHURCH MANCHESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GRACE TRUST (BRISTOL) | £174k | — | 0 | unclear | — | no doubt |
| GRACE BAPTIST CHARITIES LIMITED | £226k | — | 0 | above | — | no doubt |
| GRACE BAPTIST TRUST CORPORATION | £619k | — | 0 | unclear | — | no doubt |
| THE GRACE CHURCH HACKNEY TRUST | £150k | — | 0 | unclear | — | no doubt |
| GRACE COMMUNITY CHURCH, EDENBRIDGE | £120k | — | 0 | unclear | — | no doubt |
| GRACE BAPTIST PARTNERSHIP | £262k | — | 0 | below | — | no doubt |