Registered charities in England and Wales
Data for financial year ending 28 February 2019
Grace Christian Trust
- Tel: 07377354119
- Otford Manor, Shorehill Lane, Knatts Valley, Sevenoaks, TN15 6XF
Aims & activities
Grace Christian Trust was formed in 2010. In its first year, the trust purchased a large office building on an extensive site with the purpose of donating it to a local church who intend to build a new centre to serve the town. This site will be donated to the church if and when they are granted appropriate planning permission by Tandridge District Council.
What the charity does
- The prevention or relief of poverty
- Overseas aid/famine relief
- Religious activities
Who the charity helps
- The general public/mankind
How the charity works
- Provides other finance
- Provides buildings/facilities/open space
Income and Endowments:
Assets and liabilities
- £0.0K Own use assets
- £0.0K Long term investments
- £0.0K Defined benefit pension scheme asset or liability
- £0.0K Other assets
- £0.0K Total liabilities
Charitable spending ratios
Ratios have to be put in context. They should be read in conjunction with the charity’s financial statements on which they’re based if they are to be interpreted correctly and sound conclusions drawn. For example the accounting rules affect what can be classed as income or expenditure. Where a charity which purchases land to further its objects the accounting rules do not permit including the purchase cost as charitable spending in its accounts. Instead it is ‘capitalised’ and shown on the balance sheet. Similarly a charity that receives an endowment it can’t spend may have a lower percentage of charitable spending as a proportion of income in the year of receipt as compared to the previous year as a result. Ratios may also be affected by the way a charity operates. For example, a charity which primarily generates income from investments may have lower cost of raising funds than one which employs fundraisers. A grant-making charity funding other charities to undertake an activity will have much lower staffing costs compared to a charity employing staff to perform that activity.
Charitable spending (including governance costs) as a percentage of income and endowments received by the charity in the reporting period. Does not include planned future spending.
Costs incurred in generating income as a proportion of total income and endowments received in the reporting period. May include spending to secure future funding.
The percentage of the charity’s total income retained for future use.
Accounts and trustees' annual report
A TO ADVANCE THE CHRISTIAN FAITH FOR THE BENEFIT OF THE PUBLIC IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN KENT AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY. B TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH FOR THE BENEFIT OF THE PUBLIC BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
Governing documentMEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 19 FEBRUARY 2010
Area of benefit
United Kingdom Or The World
Conflicts of interest
Land And Property
This charity owns and/or leases land or property.
Areas of operation
List of regions