GRACE COMMUNITY CHURCH

Registered charity 1162960 · accounts filings on the Charity Commission register

An independent evangelical church providing worship Services on Sundays and activities for various age groups during the week

Causes: Religious Activities · website · Get email alerts

Latest income

£126k

Latest spending

£125k

Registered

2015

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £1,094 for the year ended 31 December 2024, with total income of £126,182 and expenditure of £125,088. Per the trustees' report, unrestricted reserves stood at £52,700, which is below the stated policy target of one year's expenditure.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none

“Offerings amounted to £61,900 compared to £54,701 in 2023.” — page 3

Per its FY2024 accounts as filed with the Charity Commission.

Reserves policy: one year’s expenditure (held: £53k)

“The Elders seek to maintain reserves in the order of one year’s expenditure to allow for the loss of offertory income for whatever reason, to provide for major repair or maintenance costs and to ensure sufficient funds to maintain and potentially expand pastoral ministry.” — page 3

Per its FY2024 accounts as filed with the Charity Commission.

Discloses 4 of 6 completeness components.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Register events

Received assets from another charity (17/09/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (15/10/2017) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

TIM AMBROSEchair
BRIAN TURNER
David Timothy Hardway
PHILIP WATTS

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

Operates in: Sandwell

Income and spending

Financial year end	Income	Spending
31/12/2024	£126k	£125k
31/12/2023	£69k	£67k
31/12/2022	£73k	£108k
31/12/2021	£73k	£63k
31/12/2020	£67k	£68k

Common questions

Is GRACE COMMUNITY CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £1,094 for the year ended 31 December 2024, with total income of £126,182 and expenditure of £125,088. Per the trustees' report, unrestricted reserves stood at £52,700, which is below the stated policy target of one year's expenditure.