COMPANY REGISTRATION NUMBER: 02874157 CHARITY REGISTRATION NUMBER: 1029849 Vinelife Church Manchester Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 MArrocKS GRINDLEY Chartered Accountants 18 Mulberry Avenue Turnstone Business Park Widnes Cheshire WA8 OWN
Vinelife Church Manchester Company Limited by Guarantee Financial Statements Year ended 31 March 2025 Page Directors, annual report (incorporating the director's report) Independent examiner's report to the directors Statement of financial activities (including income and expend iture account} Statement of financial position ststement of cash flows Notes to the financial statements 10 The following pages do not form part of the financial statements Detailed statement of financial activities 21 Notes to the detailed statement of financial activities 23
Vinelife Church Manchester Company Limited by Guarantee Directors. Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The directors, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference and admlnistrative detalls Registered charity name Vineltfe Church Manchester Charity reglstration number 1029849 Company registration numbor 2874157 Principal offlce and registered 1.10 Universal Square office Devonshire Street North Manchester M12 6JH England The dlrectors Mr A Janse Van Vuuren Mrs G Owuamaegbu Mrs S Crawford Mr P Bell (Appointed 6 November 2024) Independent examiner Mr G Mattocks FCA 18 Mulberry Avenue Turnstone Business Park dnes Cheshire WA8 OWN Structur•. governance and managoment Vinelife Church Manchester is a Charitable Company Limited by Guarantee, governed by a Memorandum and Articles of Association. Overall directs'on and supervision of the activities of the Association is exercised by a Management Committee of 3 Directors including the Treasurer, Mr A J Van Vuuren. New Trustees are appointed by a consensus of current trustees. A process is being put in place to induct new trustees by formal external training along with review of internal processes and briefings of matters of significance. Trustees are in the process of introducing market based pay scales and a formalised staff review process.
Vinelife Church Manchester Company Limited by Guarantee Directors. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Objectives and activities Vlnellfo Church Manchesterfs Mission Statement The stated aims of Winelife Church Manchester are to promote the Christian religion and relieve povety. Our mission is to be a wholehearted community of Jesus followers, seeking God's kingdom in Manchester and beyond. Our Core activities are outlined below Below we have listed and described our core activities, where they are currently, what has been happening in the last year and where we are wanting things to develop on into the future. Everything we do as a church flows out of our mission statement (outlined above) and the aim of what we do is to see our vision statement fulfilled: Public Benefit As a Church we aim for the majority of our work to be of benefit to the public. Financial support is made available for the provision of 'Grants and Gifts, to individuals and organisations committed to Christian work. Strnt•gi¢ report The following sections for achievements and performance and financial review form the strategic report of the charity.
Vinelife Church Manchester Company Limited by Guarantee Directors. Annual Report (Incorporating the Director's Report) (continu8d) Year ended 31 March 2025 Achievements and perfomian¢• General During this financial year, the Church maintained stability and sustained its recovery. The Church advanced its strategic vision outlined in the prior year, with an emphasis on prayer, teaching, and ministry. This ongoing stability contributed to a positive trend in membership growth. Sundays Sunday morning gatherings have continued at Burnage Academy for Boys. We able to host times of vibrant worship, Bible teaching and prayer ministry, as well providing excellent input across our various groups for under 18s. The Sunday gatherings are well supported by volunteers and our church community shows a high level of engagement across all aspects. We are pleased to have been able to start outreach initiatives with other groups who also use the site. The leadership team continues to assess the ongoing strategic value of meeting in Burnage, as we find it does offer limitations with regard to some areas of ministry, but in general the space continues to work well for us. Leadership We have continued to have a Leadership Team leading the Church (The Core Leadership Team or CLT). The CLT focuses on the vison and mission of the church, supported by the board ofTrustees who continue to ensure the charity is legalty compliant and operating within its Memorandum of Articles of association as held by the Charity Commission. Chlldren's Mlnlstry Our ministry to under 18s continues to be a major strength of our church community, with many who join and stay at the church citing it as a major reason for doing so. In addition to the excellent provision on Sunday mornings, we also have groups for both older teenagers, and for parents and babies that meet during the week. Recognising the growth in our youth group in particular, we are excited to be adding additional working hours to our Youth Coordinator role from Sep 2025. Addltlonal Offerlngs There were no additional Sunday offerings to raise funds for specific causes during the year. For our Christmas Appeal, we once again encouraged people to bring donations of food items to create gift hampers, rather than requesting financial contributions, although £476.49 was given in support of the appeal. As a result, we were again able to support nearly 200 families over 11 Greater Manchester schools with hampers, and shopping vouchers. Compassion Ministry We continued to support the work of Bamabus, a Manchester based Christian Charity working to alleviate homelessness across the city. A number of people from the church serve as volunteers with them. We also supported The Message trust, Boaz Trust and Citywall, reflecting our desire to support Compassion ministries across the city with whom we have a direct relationship. In addition, we have developed a compassionloutreach budget line from which congregation members can apply to help fund compassion & & outreach projects they are involved with. As this is new we have so farjust funded the Hopwich Healing Rooms project. Pastoral Care Ministry Pastoral care in Vinelife revolves primarily around our weekly mid-week small groups which continue to offer a place for people to receive spiritual, emotional and practical support. In addition to small groups, we have designated pastoral opportunities for our young adults (see relevant section) and parents of small children, alongside creating a variety of space for people to deepen connection and have access to more ongoing support. We also have structures in place to allow us to support those with acute pastoral needs, such as serious illness, and can mobilised groups of people to wrap around those in our community when needed. We were pleased to have added a new 'Benevolence' line,
Vinelife Church Manchester Company Limited by Guarantee Directors. Annual Report (Incorporating the Directorfs Report) (continued) Year ended 31 March 2025 which will allow us to be to able to help those in need more readily when required, and look forward this to being using more by our community. Students Whilst we conduct student-specific outreach activities, our care for students happens within our wider young adults programme. We have recently appointed a 'Connections Coordinatorf as maternity cover, who has a specific focus on this demographic. We continue to be passionate about collaboration across student ministries in Manchester and look to encourage this wherever possible. Campus Awakening The Campus Project is not currently active day-to-day, but the resources created remain available and are still accessed by those working with students. With the small budget still assigned to this project, we maintain the website so as to continue distributing resources and also look for opportunities to support collaborative student mission activrties in Manchester and beyond. Acknowledgemont The Trustees would like to recognise and thank the many volunteers and staff involved in making church life and ministry happen, despite challenges they strive to deliver the best possible experience to congregants. Financial review The Church experienced a positive financial year, with regular giving remaining stable over the period. Despite higher costs resulting from the prior operational review, expenses We managed efficiently, allowing the Church to achieve favourable financial outcomes. Giving The church community has continued to give sacrificially and generously to the work of the Church. We are as a church committed to give away at least 100/9 of our donated income. We received a total of £285,387.88 in gifts for the year of which £1,938 were 'Restricted' in their use and £283,449.88 which were, unrestricted (see note). The totsl giving for'Grants and Gifts, was £28,003.02 (9.810/0 of the overall total of unrestricted donated income). Staff The staff restructure that began in the last financial year came into place on 1 st April, and as such the team is now comprised of the ft)Ilowing roles.. Team Leader, Admin & Operations Lead, Connection Lead, Children & Families Lead, Youth Coordinator, Media Coordinator & Sunday Coordinator. Imiilst not a joint role, the same person will be taking the Youth and Media Coordinator roles. The Sunday Coordinator was vacant for most of the year and covered in part by freelancers, but was filled in February. We were delighted to wish our Connection Lead a happy maternity leave as they welcomed a new arrival in February. The staff team has also been enjoying moving in to Universal Square, where we have held office space since last April.
Vinelife Church Manchester Company Limited by Guarantee Directors. Annual Report (Incorporating the Directorfs Report) (contlnued) Year ended 31 March 2025 Flnanclal revlew (conllnuedj Reserves Pollcy Vinelife Church Manchester relies extensively on the generosity of those committed to its ststed vision, mission and purpose. Income flows by their nature can be unpredictable, however, the Vinelife Church Manchester has maintained its membership and income over recent years. The major commitments at this time are staff notice and mortgage and loan repayments. The trustees have agreed a reserves policy as follows.. To ensure the financial viability of the Church and its ability to meet its ongoing commitments the charity will endeavour to maintain, on average, sufficient reseNes to cover all contractual obligations for one month and if possible up to three months. Rlsk Management The trustees and staff team at Vinelife have continued to review and strengthen financial and other procedures to ensure they reflect good practi. We have been working through all areas of church life undertaking written risk assessments and looking at how we operate at all our venues and have put in place a number of actions that reduce risks. We are now in a position to be able to review these assessments and work to reduce risks all across the life of the church. We operate wÉth a well thought through budget that we feel minimises our exposure to unnecessary financial risk. Plans for futurn perfods For the forthcoming period, the Church plans to continue to develop its organisational structure to adapt to a changing landscape. Dlsabled Employees In accordance with the charity's Equal Opportunity Policy, the Charity has an established fair employment practise in the recruitment, selection. retention and training of disabled staff. Going Concern Care is still being taken in managing cash flows, which remain within acceptsble levels under clearly defined budgets. We have stable reserves set aside, that are regularly recalculated in order to align with current overheads. Reserves would gNe us some allowances to navigate challenges to finances that May arise in the future. The trustees see no Material uncertainties about the charity's abilty to continue. The directors, annual report and the strategic report were approved on on behalf of the boar of trustees by.. and signed r A Janse Van Vuuren Director
Vinelife Church anchester Company Limited by Guarantee Independent ExaMineS Report to the Directors of Vinelife Church Manchester Year ended 31 March 2025 I report to the directors on my examination of the financial statements of Vinelife Church Manchester {'the charity,) for the year ended 31 March 2025. Responsibilities and basls of report As the directors of the company (and also its directors for the purposes of company law} you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied Myse that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b} of the 2011 Act. Indépendent examlnorfs statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member ofthe Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records,. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr G Mattocks FCA Independent Examiner 18 Mulberry Avenue Turnstone Business Park Widnes Cheshire WA8 OWN lo//. /zs
Vinelife Church Manchester Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Total funds 2024 Unrestricted funds Total funds Note In¢ome and endowments Donations and legacies Charitable activities Investment income Other income 283,831 3,452 287,283 311,423 50,000 4,854 350,253 716,530 11,650 11,650 Total income 295,481 3,452 298,933 Expendtture Expenditure on charitable activities Total expenditure 9,10 286,687 11,825 11,825 298,512 471,752 286,687 298,512 471,752 Net income 8,794 (8.373) 421 244,778 Transfers betrween funds {8,852) 8,852 Net movement in funds (58) 479 421 244,778 Reconclliation of funds Total funds brought fop4vard Total funds carried forward 497,568 2,303 499,871 500,292 255,093 497,510 2,782 499,871 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 10 to 19 forni part of these financial statsments.
Vinelife Church Manchester Company Limited by Guarantse Statement of Financial Position 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets 17 16.607 20,427 Current assots Debtors Cash at bank and in hand 18 5.608 481,319 486.927 7,461 478,584 486.045 Credllors: amounts falling due wlthln one year Net current assets 19 3,242 6.601 483,685 479,444 Total assets less current liabllities 500,292 499,871 Funds of the charlty Restricted funds Unrestricted funds 2,782 497,510 2,303 497.568 Total charlty funds 21 500,292 499,871 For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors responsibilities.. The members have not required the company to obtsin an audit of ts financial statements for the year in question in accordance with seth'on 476; The directors acknowledge their Tesponsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These fi ncial statsments were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by: r A Janse Van Vuuren Director The notsg on pages 10 to 19 forni part of these financial gtatements.
Vinelife Church Manchester Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operatlng activities Net income 421 244.778 Adjustments for.. Depreciation of tsngible fixed assets Other interest re1vable and similar income Gains on disposal of tangible fixed assets 6,196 (11.6501 10,593 (4,854) (350,253) Changes in." Trade and other debtors Trade and other creditors 1,853 (1,546) (3,359) (457,491) (6,539) (558,773) Cash generated from operations Interest received 11,650 5,111 4,854 Net cash froml(used in) operating activities (553,919) Cash flows from Investing activlties Purchase of tsngible assets Proceeds from sale of tangible assets Net cash (used in)lfrom investing activities 12,376) (21,884) 2,352,442 (2.376) 1,329,558 Cash flows from financing activities Repayment of mortgage Net cash used in financing activities (1,378,395) (1,378,395) Net increase in cash and cash equivalents Cash and cash equivalents at beglnning of year Cash and cash equivalents at end of year 2,735 478,584 481,319 397,244 81,340 478,584 The notes on pages 10 to 19 forni part of these financial statements.
Vinelife Church Manchester Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General infomlatlon The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered Offi is 1.10 Universal Square, Devonshire Street North, Manchester, M12 6JH, England. Statement of complianc• These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accountlng pollcles Basls of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund a¢¢ounting General funds are unrestricted funds available for use at the discretion of the d1CtOrS in furtherance of the general objectives of the charity. Designated funds are unrestricted funds earmarked by the directors for particular purposes. Restricted funds are subject to specific restrictive conditions imposed by donors or by the nature of the appeal. The purpose and use of the restricted funds are set out in the notes to the accounts. 10
Vinelife Church Manchester Company Limited by Guarantee Notes to the Financial Statements f¢onllnued) Year ended 31 March 2025 Accounting policies (contlnued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity- it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Charitable activities includes all expenditure directly relating to the objects of the charity (in accordance with SORP 2005) including any VAT which cannot be recovered and comprises the following- Grants payable - voluntary payments made in order to further the charity's objects. Support costs - costs relating to the running of the charity itself rather than its charitable objects, and comprises the following.. Governance costs - expenditure relating to the audit of the charity and any trustee meetings. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. 11
Vinelife Church anchester Company Limitsd by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2025 Accounting pollcles (contlnuedj Depreclation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Motor Vehicles Equipment straight line over 5 years straight line over 5 years Impaimient of fixed assets Fixed assets are reviewed annually for impairment. Financial Instrum•nts A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. Vvhen contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related seNice, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee The charity is a company limited by guarantee, having no share capital. Donations and lega¢ies Unrestricted Funds Restricted Total Funds Funds 2025 Donations Campus Awakening Gift Aid Income Non Gift Aid Income Gift Aid Tax Reclaimed Equipment Hire and Sales Student Merchandise Sales 424 661 2,367 424 208.881 26.047 50.997 934 208,220 23,680 50,997 934 283.831 3,452 287,283 12
Vinelife Church Manchester Company Limited by Guarantee Notes to the Financial Statements fcontinuod) Year ended 31 March 2025 Donations and legacies (CttInued) Unrestricted Funds Restricted Total Funds Funds 2024 Donations Campus Awakening Grft Aid Income Non Gift Aid Income Gift Aid Tax Reclaimed Equipment Hire and Sales Student Merchandise Sales 961 203,149 28,815 48,383 10,786 128 1,241 12,787 5,173 2,202 215,936 33,988 48,383 10.786 128 292,222 19,201 311,423 Charitable activities Unrestricted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Exclusivity and Licence funds 50,000 50,000 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Investment incorne and interest 11,650 11,650 4,854 4,854 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Gain on disposal of tangible fixed assets held for charity's own use 350,253 350,253 13
Vinelife Church Manchester Company Limited by Guarantee Notes to the Financial Statements fcontlnued) Year ended 31 March 2025 Expenditure on charitable actlvltles by fund type Unrestricted Funds Restricted Total Funds Funds 2025 Direct charitable activities Support costs 284,347 2.340 11,825 296,172 2,340 298,512 286,687 11,825 Unrestricted Funds Restricted Total Funds Funds 2024 Direct charitable activities Support costs 450,640 2,340 18,772 469,412 2,340 452,980 18,772 471,752 10. Expenditure on charitable activities by activity type Activities undertaken directly Support Total funds costs 2025 Total fund 2024 Direct charitable activities Governance costs 296,172 296,172 2,340 298,512 469,412 2,340 2,340 296,172 2,340 471,752 11. Analysis of grants 2025 2024 Grants to individuals Outreach giving Total grants 28.410 48,130 28,410 48,130 12. Net income Net income is stated after chargingl(crediting): 2025 2024 Depreciation of tangible fixed assets Gains on disposal of tangible fixed assets 6,196 10,593 (350,253) 13. Independent examinat5on fees 2026 2024 Fees payable to the independent examiner for.. Independent examination of the financial statements (2,340) (2,340) 14
Vinelife Church anchester Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2025 14. Staff costs The total staff costs and employee benefits for the porting period are analysed as follows: 2025 2024 Wages and salaries Social security costs Employer contributions to pension plans 147,339 4,386 4,173 141,448 5,698 2,613 1 $5,898 149,759 The average head count of employees during the year was 6 (2024.. 8). The average number of full-time equivalent employees during the year is analysed as follows: 2025 No. 2024 No. Number of staff - full time Number of other staff - part time No employee reiVed employee benefits of more than £60,000 during the year (2024: Nil). 15. Trustee remuneration and expenses During the period under review, trustees received no remuneration nor expenses. 16. Transfers between funds Donations and grants received for a specific purpose are released from $tricted funds to general funds as the specific expenditure occurs. 17. Tangible flxed assets Motor vehicles Equipment Total Cost At 1 April 2024 Additions 14,574 37,600 2,376 52.174 2,376 At 31 March 2025 14,574 39,976 54,550 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 2,915 2,915 28,832 3,281 31,747 6,196 37,943 5,830 32,113 Carrylng amount At 31 March 2025 8,744 7,863 16,607 20.427 At 31 March 2024 11,659 8,768 15
Vinelife Church Manchester Company Limited by Guarantse Notes to the Financial Statements (continued) Year ended 31 March 2025 18. Debtors 2025 2024 Trade debtors Other debtors - gift aid tax Other debtors - cyclescheme 1,439 4.169 252 7,027 182 5,608 7,461 19. Credltors: amounts falllng due within one year 2025 2024 Trade creditors Social security and other taxes Other creditors 895 795 1,552 4,723 1,878 3,242 6,601 20. Pensions and other post retirement benefits Daflned contrlbution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £4,173 (2024.. £2,613). 21. Analysis of charitable funds Unrestricted funds At 1 April 2024 At 31 March 2025 Income Expenditure Transfers General funds 497,568 295,481 (286,687) (8,852) 497,510 At 1 April 2023 At 31 March 2024 Income Expenditure Transfers General funds 253,219 697.329 (452,980) 497,568 The General fund represents the free funds of the charity which are not designated for particular purposes. 16
Vinelife Church Manchester Company Limited by Guarantee Notes to the Financial Statements (con*nuedJ Year ended 31 March 2025 21. Analysis of charitable funds (contlnuerfj Restricted funds At 1 April 2024 At 31 March 2025 Income Expenditure Transfers Restricted Funds 2,303 3,452 (11,825) 8,852 2,782 At 1 April 2023 At 31 March 2024 Income Expenditure Transfers Restricted Funds 1,874 19,201 (18,772) 2,303 17
Vinelife Church Manchester Company Limited by Guarantee Notes to the Financial Statements (¢ontlnued) Year ended 31 March 2025 21. Analysis of charitable funds (contlnued) Analysls of Restrlcted Funds At 31 Mar 2025 Atfj Apr24 Income Expenditure Transfers Christmas Appeal The Mission Campus Project Just Sow Grant" 608 2.367 477 (8,715) (2,703) (407) 8,107 166 170 2,133 2,203 579 579 2,303 3,452 (11,825) 8,852 2,782 Year ended 31 Pjlarch 2024 At1Apr 2023 At 31 Mar 2024 Income Expenditure Transfers Christmas Appeal Mission Campus Project Project Home Weekend Away 301 5,117 1,417 990 11,376 {301) (5,269) {836) (990) (11,376) (18,772) 322 1,552 170 2,133 1,874 19,201 2,303 Purposes of Restrlcted Funds Christmas Appeal.. donations towards families in need at Christmas time - The Mission.. support for The Mission as they work with orphans and vulnerable families in Mexico and Romania - Campus Project.. mission on university campuses Project Home.. building project - Weekend Away: donations and bookings for the Vinelife Weekend Away Just Sow Grant.. given for Student Alpha I mission to Students this transfer is made to recognise the restricted natu of the grant. originally received into general funds. 18
Vinelife Church Manchester Company Limited by Guarantee Notes to the Financial Statements (conunued) Year ended 31 March 2025 22. Analysls of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 16,607 484,145 {3,242) 497,510 16,607 486,927 (3,242) 500.292 2,782 2,782 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 20,427 483,742 (6,601) 20,427 486,045 (6,601) 2,303 497,568 2,303 499,871 23. Financial instruments Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. 24. Anatysis of changes in net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash at bank and in hand 478,584 2,735 481,319 19
Vinelife Church anchester Company Limited by Guarantee Management Information Year ended 31 March 2025 The following pages do not fomi part of the financlal statements. 20-
Vinelife Church Manchester Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2025 2025 2024 Income and endowments Donations and legacles Campus Awakening Gift Aid Income Non Gift Aid Income Gift Aid Tax Reclaimed Equipment Hire and Sales Student Merchandise Sales 424 208,881 26,047 50,997 934 2,202 215,936 33,988 48,383 10,786 128 287,283 311,423 Charltable activities Exclusivity and Licence funds 50,000 Investment income Investment income and interest 11,650 4,854 Other Income Gain on disposal of tangible fixed assets held for charity's own use 350,253 Total income 298,933 716,530 21
Vinelife Church Manchester Company Limitsd by Guarant80 Detailed Statsment of Financial Activities (¢onllnued) Year ended 31 March 2025 2025 2024 Expenditure Expenditure on charitable activities Wages and salaries Employerfs NIC Pension costs Rent Light and heat Repairs and maintenance Insurance Other motorltravel costs Legal and professional fees 147,339 4.386 4.173 28,673 141,448 5,698 2,613 4,635 2,718 2,181 26,723 3,648 106,842 346 1,808 5,026 4,683 F il Telephone Other office costs Depreciation Church Activitieslevents Church Meeting Related Expenses Training Publicity Bank charges Mortgage interest Grants paid Transfers to the Mission Equipment purchases 488 4,778 10,593 16,210 22,698 1,864 164 687 64,119 48,130 5,269 246 7,741 6,196 18,520 32,317 4,999 624 514 28.410 2.703 298.512 471,752 Total expenditure 298,512 471,752 Net income 421 244,778 22
Vinelife Church Manchester Company Limited by Guarantee Notes to the Detailed Ststement of Financial Activities Year ended 31 March 2025 2025 2024 Expendlture on charitable activities Dlrect charitable activities Actlvltles undertaken directly Wages and salaries Employer's NIC Pension costs Rent Light and heat Repairs and maintenance Insurance Other motorltravel costs Legal and professional fees 147,339 4,386 4,173 28,673 141,448 5,698 2,613 4,635 2,718 2,181 26,723 3,648 104,502 346 1,808 5,026 2,343 F il Telephone Other office costs Depreciation Church Activitieslevents Church Meeting Related Expenses Training Publicity Bank charges Mortgage interest Grants paid Transfers to the Mission Equipment purchases 488 4,778 10,593 16,210 22,698 1,864 164 687 64,119 48,130 5,269 246 7,741 6,196 18,520 32,317 4,999 624 514 28,410 2.703 296,172 469,412 Governance costs Govemance costs - accountancy fees 2,340 2,340 Expendlture on charitable activities 298,512 471,752 23