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GRACE FELLOWSHIP MANCHESTER

Registered charity 1174104 · accounts filings on the Charity Commission register

THE OBJECTS OF THE CHURCH ARE, FOR THE BENEFIT OF THE PUBLIC:1 TO ADVANCE THE CHRISTIAN FAITH IN GREATER MANCHESTER AND ALSO IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE ELDERS FROM TIME TO TIME MAY THINK FIT AND IN SUCH WAYS AS THEY MAY THINK FIT, BUT ALWAYS IN ACCORDANCE WITH THE STATEMENT OF BELIEFS;

Causes: Religious Activities · website · Get email alerts

Latest income
£89k
Latest spending
£122k
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £33,255 for the year, resulting in a decrease in total net assets to £6,268. The trustees report a free reserves deficit of £2,656, which is below their stated policy target of three months' routine general fund expenditure (£40,000). Despite this deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Highest-paid employee band: Under £60,000
“No employee received emoluments in excess of £60,000 during the year.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £-3k)
“The Trustees consider that, given the nature of GFM’s work, free reserves should be equivalent to approximately 3 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 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: Manchester City

Income and spending

Financial year endIncomeSpending
30/11/2024£89k£122k
30/11/2023£83k£127k
30/11/2022£105k£103k
30/11/2021£149k£105k
30/11/2020£70k£40k

Common questions

Is GRACE FELLOWSHIP MANCHESTER financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £33,255 for the year, resulting in a decrease in total net assets to £6,268. The trustees report a free reserves deficit of £2,656, which is below their stated policy target of three months' routine general fund expenditure (£40,000). Despite this deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.

What does the highest-paid employee of GRACE FELLOWSHIP MANCHESTER earn?

Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.