Hour of Grace Family Chapel International
As a church we propagate the gospel , help the downtrodden and the less privilege in the society
Objects
TO ADVANCE THE CHRISTIAN FAITH IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME THINK FITTO FURTHER BENEFIT THE RESIDENTS OF LEEDS AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £215 for the year ended 31 December 2024, resulting in total unrestricted funds decreasing to £5,153. The charity's reserve policy is to maintain funds equivalent to three months of unrestricted expenditure, but the current unrestricted funds are below this target given the deficit and low cash balance. The filing notes that the charity is well-positioned to manage costs and has assessed major risks, with no material uncertainties disclosed regarding going concern.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds. These are the reserves of the organisation and equivalent to 3 months of unrestricted expenditure.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Janet Nyamoah
- SUSANA APPIAH
- VIDA Serebour
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £246k | £246k |
| 31/12/2023 | £122k | £118k |
| 31/12/2022 | £116k | £103k |
| 31/12/2021 | £93k | £125k |
| 31/12/2020 | £48k | £46k |
Common questions
Is Hour of Grace Family Chapel International financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £215 for the year ended 31 December 2024, resulting in total unrestricted funds decreasing to £5,153. The charity's reserve policy is to maintain funds equivalent to three months of unrestricted expenditure, but the current unrestricted funds are below this target given the deficit and low cash balance. The filing notes that the charity is well-positioned to manage costs and has assessed major risks, with no material uncertainties disclosed regarding going concern. Its FY2024 accounts were independently examined.
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- GRACE TO GRACE INTERNATIONAL CENTRE
- GRACE COMMUNITY CHURCH
- GLOBAL CHURCH OF GRACE MINISTRIES
- GRACE CHURCH EXETER
- DOME OF GRACE INTERNATIONAL CHURCH
- GRACE BAPTIST CHURCH, SOUTHPORT
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Hour of Grace Family Chapel International | £246k | — | 0 | unclear | — | no doubt |
| GRACE TO GRACE INTERNATIONAL CENTRE | £330k | — | 0 | unclear | — | no doubt |
| GRACE COMMUNITY CHURCH | £85k | — | — | unclear | — | no doubt |
| GLOBAL CHURCH OF GRACE MINISTRIES | £194k | — | 0 | above | — | no doubt |
| GRACE CHURCH EXETER | £286k | — | 0 | above | — | no doubt |
| DOME OF GRACE INTERNATIONAL CHURCH | £129k | — | 0 | no_policy | — | no doubt |