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GRACE CHURCH CARDIFF

Registered charity 1177940 · accounts filings on the Charity Commission register

Grace Church Cardiff is a local church based in the south of Cardiff that exists to advance the Christian faith through Sunday gatherings, community outreach & pastoral care.

Causes: General Charitable Purposes · Religious Activities · website · Get email alerts

Latest income
£90k
Latest spending
£119k
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net decrease in funds of £29,624 for the year, reducing total unrestricted reserves from £106,786 to £81,287. The trustees' report indicates that the charity operates a reserves policy targeting a minimum of two months of income, and the current unrestricted fund balance of £81,287 appears sufficient to meet this stated target given the prior year's income levels. There are no disclosed material uncertainties or going concern risks in the filing.

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

What the accounts disclose

Reserves policy: two months income (held: £81k)
“Grace Church operates a reserve fund, as detailed in our policy, which sets aside a minimum of 2 months income for use as reserves.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: The Pastor, Owen Cottom, who is also a Trustee, received payments and pension contributions totalling £32,445. Nathan Davies, connected to a Trustee, received £9,984.
“The Pastor, Owen Cottom, who is also a Trustee, was employed and received payments & pension contributions totalling £32,445 in his capacity as Pastor of the church. Nathan Davies, who is connected to a Trustee, was employed for the entirety of this financial year and received payments totalling £9,984 in his capacity as an employee.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The document states Nathan Davies is 'connected to a Trustee' and received payments. It does not explicitly name the trustee he is connected to, nor does it detail the nature of the connection (e.g., family member, business partner).
“Nathan Davies, who is connected to a Trustee, was employed for the entirety of this financial year and received payments totalling £9,984 in his capacity as an employee.”
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 · instagram

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£90k£119k
31/03/2024£127k£117k
31/03/2023£118k£92k
31/03/2022£85k£63k
31/03/2021£70k£54k

Common questions

Is GRACE CHURCH CARDIFF financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net decrease in funds of £29,624 for the year, reducing total unrestricted reserves from £106,786 to £81,287. The trustees' report indicates that the charity operates a reserves policy targeting a minimum of two months of income, and the current unrestricted fund balance of £81,287 appears sufficient to meet this stated target given the prior year's income levels. There are no disclosed material uncertainties or going concern risks in the filing. Its FY2025 accounts were independently examined.