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GRACE BAPTIST CHURCH

Registered charity 701443 · accounts filings on the Charity Commission register

Teaching the Christian faith

Causes: Religious Activities · website · Get email alerts

Latest income
£53k
Latest spending
£42k
Registered
1989
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves were approximately £70,000, which is above the trustees' stated policy target of £18,000-£27,000. The charity reported a net surplus for the year, with income exceeding expenditure by just under £11,000.

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

What the accounts disclose

Highest-paid employee band: £25,001 - £30,000
“S.V.Rees served as church leader and was paid £25,549 (including employer pension contributions)” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: six and nine months expenditure (equivalent to £18,000-27,000) (held: £70k)
“Our policy concerning reserves is that we should have enough to cover between six and nine months expenditure (equivalent to £18,000-27,000).” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to S.V. Rees for church leadership role.
“S.V.Rees served as church leader and was paid £25,549 (including employer pension contributions) and provided with a house for serving in that capacity, not for serving as trustee.” — page 7
“D. Last was paid £300 for preaching ministry, not for serving as a trustee.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to D. Last for preaching ministry.
“S.V.Rees served as church leader and was paid £25,549 (including employer pension contributions) and provided with a house for serving in that capacity, not for serving as trustee.” — page 7
“D. Last was paid £300 for preaching ministry, not for serving as a trustee.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Independent examiner noted payments to other charities may contravene governing document.
“During the course of my examination I noted that payments totalling £6,740 [2023: £10,440] have been made to registered charities based around the UK. These payments would appear to be in contravention of the charity’s governing document which limits the activity to the town of Stockport.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Stockport

Income and spending

Financial year endIncomeSpending
31/12/2024£53k£42k
31/12/2023£44k£43k
31/12/2022£36k£38k
31/12/2021£43k£36k
31/12/2020£36k£36k

Common questions

Is GRACE BAPTIST CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves were approximately £70,000, which is above the trustees' stated policy target of £18,000-£27,000. The charity reported a net surplus for the year, with income exceeding expenditure by just under £11,000. Its FY2024 accounts were independently examined.

What does the highest-paid employee of GRACE BAPTIST CHURCH earn?

Per its FY2024 accounts, the highest-paid employee was in the £25,001 - £30,000 band.