Charity Accounts Intelreading the accounts so you don’t have to

GRACE CHURCH, TRURO

Registered charity 1138212 · accounts filings on the Charity Commission register

Grace Church is a dynamic church serving the Truro & Falmouth areas. We are a community committed to following Jesus and sharing his life-changing message of grace by gathering publicly and in homes, monthly prayer meetings, services to students, the Alpha & Marriage courses, serving local residents and working in partnership with other local agencies for the benefit of the wider community.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£248k
Latest spending
£247k
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total incoming resources were £248,090 against total expenditure of £247,156, resulting in a net surplus for the year. Per the trustees' report, unrestricted funds stood at £116,321, with £54,683 held as undesignated reserves, while restricted funds totaled £30,573.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and gift aid (96% of income)
“This included donations and gift aid totaling £239,199 from church members, the principal source of funds for the charity.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £55k)
“To maintain a three-month operational costs contingency” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 17.3 Transactions with related parties
“The total amount of donations received in the period without conditions from all Trustees was £22,490 (2024: £19,780).” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/03/2025£248k£247k
31/03/2024£211k£196k
31/03/2023£197k£203k
31/03/2022£153k£152k
31/03/2021£160k£137k

Common questions

Is GRACE CHURCH, TRURO financially healthy?

Per its FY2025 accounts: The accounts state that total incoming resources were £248,090 against total expenditure of £247,156, resulting in a net surplus for the year. Per the trustees' report, unrestricted funds stood at £116,321, with £54,683 held as undesignated reserves, while restricted funds totaled £30,573. Its FY2025 accounts were independently examined.