GRACE CHURCH NOTTINGHAM

Charity number: 1103419
Removed charity

Charity overview

Activities - how the charity spends its money

Advancement of the Christian Faith, Proclaiming the Christian Gospel through word and deed in Nottingham and beyond. Training leaders. pastoral care, sending workers accross the UK and to other nations. Providing relief to persons in conditions of need, hardship, distress or who are aged or sick.

Income and expenditure

Data for financial year ending 30 October 2020

Total income:
£731,013

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Donations and legacies £710.26k
Charitable activities £0
Other trading activities £19.20k
Investments £3
Other £1.55k

Total expenditure:
£693,957

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Raising funds £0
Charitable activities £693.96k
Other £0

-£27 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £693.96k
Retained for future use £37.06k

Fundraising

This charity raises funds from the public but does not work with professional fundraisers or commercial participators.

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for being a trustee.

What, who, how, where

What the charity does:
  • The Prevention Or Relief Of Poverty
  • Religious Activities
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Services
Where the charity operates:
  • Birmingham City
  • Manchester City
  • Nottingham City
  • Nottinghamshire
  • Malawi

Governance

Registration history:
  • 26 April 2004: Standard registration
  • 25 July 2022: Removed (Funds transferred (incor))
  • 25 July 2022: Funds transferred to 1175373 GRACE CHURCH NOTTINGHAM
Organisation type:
Other
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/08/2016 31/08/2017 31/08/2018 31/08/2019 30/10/2020
Total gross income £738.85k £663.34k £713.62k £709.11k £731.01k
Total expenditure £832.09k £602.01k £675.35k £764.41k £693.96k
Income from government contracts £0 £0 N/A N/A N/A
Income from government grants £0 £0 N/A N/A N/A
Income - Donations and legacies £715.98k £640.49k £689.50k £691.59k £710.26k
Income - Other trading activities £22.44k £21.43k £22.12k £10.80k £19.20k
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £351 £14 £3 £6 £3
Income - Other £86 £1.41k £2.00k £6.72k £1.55k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £832.09k £602.01k £675.35k £764.41k £693.96k
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £102.28k £43.35k £38.22k £39.30k £52.56k
Expenditure - Grants institution £0 £38.65k £68.42k £178.88k £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2016 31/08/2017 31/08/2018 31/08/2019 30/10/2020
Own use assets £1.04m £1.06m £1.06m £1.05m £1.05m
Long-term investments £0 £0 £0 £0 £0
Other assets £172.26k £216.51k £226.71k £159.94k £179.05k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £555.81k £553.52k £526.85k £506.20k £491.81k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 October 2021 Not submitted
Accounts and TAR 30 October 2021 Not submitted
Annual return 30 October 2020 06 September 2021 7 days late
Accounts and TAR 30 October 2020 06 September 2021 7 days late
Annual return 31 August 2019 24 June 2020 On time
Accounts and TAR 31 August 2019 29 May 2020 On time
Annual return 31 August 2018 28 June 2019 On time
Accounts and TAR 31 August 2018 28 June 2019 On time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

DECLARATION OF TRUST EXECUTED 6TH FEBRUARY 2004.

Charitable objects

1. THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE FOURTH SCHEDULE HERETO AND THE WORSHIP OF GOD IN THE SAID COUNTY AND ELSEWHERE BY ANY MEANS WHATSOEVER INCLUDING (BUT NOT BY WAY OF LIMITATION) THE PREACHING AND PROCLAMATION OF THE CHRISTIAN GOSPEL AND THE TEACHING OF CHRISTIAN DOCTRINE AND PRINCIPLES AND THE PASTORAL CARE OF CHRISTIAN PEOPLE AND THE PRINTING AND DISTRIBUTION OF THE BIBLE AND CHRISTIAN LITERATURE INCLUDING VIDEO AND AUDIO RECORDINGS OR ELECTRONICALLY AND BY ANY OTHER MEDIA WHICH IS OR MAY BECOME AVAILABLE. 2. THE RELIEF OF PERSONS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS OR WHO ARE AGED OR SICK.

Area of benefit

The area the charity can operate in, as set out in its governing document.

IN THE SAID COUNTY AND ELSEWHERE