GRACE BAPTIST TRUST CORPORATION

Company limited by guarantee

Company Registration Number:
00592488 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

GRACE BAPTIST TRUST CORPORATION

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

GRACE BAPTIST TRUST CORPORATION

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

Advancement of the Christian religion, particularly by means of and in accordance the principles of Particular Baptist Churches practising Strict Communion.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

J N Broome
A R Copeman
M T Gray
D M Noller
R E Powell
P D Relf
J H Sayers
K C W Wiltshire


The director shown below has held office during the period of
1 January 2024 to 4 February 2024

A B Keen


Secretary G J Oliver

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
13 June 2025

And signed on behalf of the board by:
Name: K C W Wiltshire
Status: Director

GRACE BAPTIST TRUST CORPORATION

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 7,721 5,267
Investments: 4 3,502,545 3,401,272
Total fixed assets: 3,510,266 3,406,539
Current assets
Stocks:   0 0
Debtors: 5 20,188 25,088
Cash at bank and in hand: 1,445,575 1,601,240
Total current assets: 1,465,763 1,626,328
Creditors: amounts falling due within one year: 6 ( 14,755 ) ( 11,270 )
Net current assets (liabilities): 1,451,008 1,615,058
Total assets less current liabilities: 4,961,274 5,021,597
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 4,961,274 5,021,597
Members' funds
Profit and loss account: 4,961,274 5,021,597
Total members' funds: 4,961,274 5,021,597

The notes form part of these financial statements

GRACE BAPTIST TRUST CORPORATION

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 June 2025
and signed on behalf of the board by:

Name: K C W Wiltshire
Status: Director

The notes form part of these financial statements

GRACE BAPTIST TRUST CORPORATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    10% of Cost

    Other accounting policies

    Fund Accounting Debtors Creditors Cash at Bank and in hand Critical Accounting judgements

GRACE BAPTIST TRUST CORPORATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

GRACE BAPTIST TRUST CORPORATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 15,151 15,151
Additions 5,084 5,084
Disposals ( 4,770 ) ( 4,770 )
Revaluations
Transfers
At 31 December 2024 15,465 15,465
Depreciation
At 1 January 2024 9,884 9,884
Charge for year 2,630 2,630
On disposals ( 4,770 ) ( 4,770 )
Other adjustments
At 31 December 2024 7,744 7,744
Net book value
At 31 December 2024 7,721 7,721
At 31 December 2023 5,267 5,267

GRACE BAPTIST TRUST CORPORATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed assets investments note

Office Equipment

GRACE BAPTIST TRUST CORPORATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
£ £
Other debtors 20,188 25,088
Total 20,188 25,088

GRACE BAPTIST TRUST CORPORATION

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,800 1,711
Accruals and deferred income 12,955 9,559
Total 14,755 11,270