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2022-03-31-accounts

Southend Vineyard

Report and Accounts Year ended 31 March 2022

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

SOUTHEND VINEYARD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2022

Trustees Andrew Vincett (resigned 25 November 2022) Grant Gooding Joao Mazive Nichola Williamson David Argent (appointed 26 November 2021) Akin Coker (resigned 17 September 2021) Roger Newsham(resigned 17 September 2021) Roderick Harvey (appointed 25 November 2022) Company Secretary Catherine Wakeling Key Staff Andrew Vincett Samantha Vincett Governing Document Memorandum and Articles of Association amended November 2011 Company Registration Number 03060009 Charity Registration Number 1047393 Registered Office and Principal Address The Vineyard Centre 6 Warrior Square Southend on Sea Essex SS1 2JE Independent Examiner Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB Bankers CAF Bank Ltd Lloyds TSB

Contents Page
Company Information 1
Trustees' Annual Report 2-7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11-19
Detailed SOFA with comparatives 20

Page 1

SOUTHEND VINEYARD

Report of the Trustees for the year ended 31 March 2022

The Trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 31[st] March 2022.

Structure, Governance and Management

Southend Vineyard is a company limited by guarantee, incorporated on 23 May 1995. It is registered with the Charity Commission. The company was established under its Memorandum of Association which established the objects and powers of the charitable company and is governed by its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Appointment and Induction of Trustees

Trustees are appointed at Annual General Meetings, as set out in the Articles of Association, which provide for a minimum of three trustees. The Trustees are directors of the company. The Trustees are also responsible for the appointment of new members at the recommendation of the Senior Pastor.

New trustees undergo an induction to brief them on their legal obligations under charity and company law, the content of the Articles of Association and the decision making processes and the recent performance of the charity. They meet key employees and the other trustees.

Risk Assessment Policy

The Risk Assessment and Health and Safety policy is overseen by a designated trustee who reports back to Trustees’ meetings with appropriate recommendations. At the end of the 2021/2022 year the trustee undertaking this role was Nicky Williamson.

Organisational Policy

The Trustees meet a minimum of four times a year. Sub-committees are formed as and when required. The Senior Pastor manages the day to day operations of the charity. To facilitate effective operations the Senior Pastor has delegated authority within the terms of delegation approved by the Trustees for operational matters including finance, employment and the production of policies to achieve the objectives and activities of the charity.

Organisation

  1. Southend Vineyard is associated to Vineyard Churches UK and Ireland (VCUKI).

  2. a. The association provides pastoral care for the Senior Pastors and family, and an external reference concerning church affairs and doctrine.

  3. b. Southend Vineyard gives 5% of its annual income to Vineyard Churches UK and Ireland for the furtherance of the gospel and necessary movement administrative costs.

  4. c. The Senior Pastors receive oversight from experienced Vineyard pastors, for advice, pastoral support and care.

  5. Southend Vineyard has a three-fold leadership structure, with some overlap between the different areas, under the overall direction of the Senior Pastors and Pastoral Staff. Each area has distinct responsibilities in order to take adequate care of each church member and produce ongoing outward ministry.

  6. The overall vision and direction for the church is set by the Senior Pastors: Andrew and Samantha Vincett, with reference to the Pastoral Staff Team and Leadership Team.

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SOUTHEND VINEYARD

Report of the Trustees for the year ended 31 March 2022

4. The Leadership Team structure and responsibilities are as follows:

a. Trustees/Directors

c. Co-ordinators - To manage the ministry areas of the church, including

5. Salaried staff – The year started with the following salaried staff:

Objectives and Activities

The principal activity of the charity is to preach the Gospel of the Lord Jesus Christ, to build up the faith of Christian believers, to train Christian workers, to start new churches, to promote Christian education, to advance the Christian religion, to give relief of suffering to the poor and to aid social cohesion in our local community.

Review of activities and achievements

The year began with our Sunday services and small groups all still being held on line but with the easing of restrictions we were able to restart face to face meetings on Easter Sunday. We were generously loaned the use of the nightclub adjacent to our offices for Sunday mornings and we continued to meet there until the end of July. In August we met in a nearby dance club and at the beginning of September we returned to the school we had been using for Sunday services before Covid19.

Some small groups also went back to face to face meetings, while some stayed online. The Alpha course continued to thrive on Zoom, and we ran three courses during the year.

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SOUTHEND VINEYARD

Report of the Trustees for the year ended 31 March 2022

The prison ministry was curtailed because visitors were not allowed into the prison, although one of the team continued to keep in contact by writing to prisoners every week to bring encouragement and hope.

The outreach to the town’s sex workers continued through the year. The drop-in also restarted once it was safe to do so.

Links with the Spanish and Portuguese (Iberian) Vineyard churches continued. Although visits were not possible, a quarterly prayer meeting on Zoom continued with people from other Vineyard churches taking part, including one of the Spanish pastors.

The Storehouse outreach continued its much needed work and by the autumn we were able to reopen the community cafe. A number of volunteers have not returned following the Covid pandemic, but many more volunteers have joined. The number of people using the Storehouse has continued to increase slowly and steadily. The Better Start team returned to the Wednesday family session in September and have continued with their Stay and Play sessions for pre-school children. During the year we began collecting items from additional local supermarkets. At Christmas we took delivery of nearly 200 Christmas presents from council workers to give out to Family Storehouse parents and their children.

The Restore project restarted with a new manager in April 2021

There was no National Leaders Conference in Nottingham during 2021/2022, but the renamed Vineyard Leaders Gathering (VLG) was rescheduled for April 2022 (so will appear in the next report) and restyled into parts A and B to enable more people to attend.

Activities for children and young people restarted slowly as initially there was no space for separate children’s activities on Sunday mornings. Once we were back at the school, however, Sunday morning children’s ministry restarted. The popular youth festival, Dreaming the Impossible was able to go ahead this year and a group of our young people went. As planned before the pandemic, it has extended its time and moved to the school summer holidays.

The charity shop was able to continue trading through the year, but opened for fewer hours due to reduced staffing, as a number of volunteers were unable to return.

While it has been pursued with less vigour than in previous years, we continue to look for suitable premises for both a Sunday services venue and to accommodate the Storehouse.

Morning Light actively assisted 18 families during the year, comprising 83 Muslim refugees and asylum seekers. The average age is 25. Some received financial help to buy food and medical items. Practical help was given in the form of befriending, linking people into a community, sourcing furniture and electrical goods, constructing and repairing household items, supplying school items and helping people travel. Being part of that culture gave opportunities to both be the gospel and talk about the gospel. Most people are Syrian and half of them only speak Arabic. Mention should be made of an Egyptian lady who gives a huge amount of assistance in this work, especially in translating.

Volunteers

It is the belief of Southend Vineyard that all members are called to participate in the work and service of the church, all of whom are highly valued, and whilst the church employed nine staff at the beginning of the financial year, it is the work of every member of the church, whether employed or not, that will make the difference in the church achieving its mission. This is done in ‘being salt and light’ amongst the people they interact with every day, by praying, by visiting the sick and others in need, in being involved in training others, in public teaching and worship, and also in administration. The financial resources of the church, to a large extent, are given by the members and their private assets and equipment are regularly used in the work of the church. Much of this work is done privately, without recognition, and the hours and value of that time cannot be quantified.

One side effect of our services being online has been the lack of opportunity to volunteer on Sundays. However, it gave opportunities for more people to take part in the service which had not been the case before. People were asked to send in a video of themselves to open the service and welcome people, and also to

Page 4

SOUTHEND VINEYARD

Report of the Trustees for the year ended 31 March 2022

provide short prayers for the middle of the service. It was fascinating and lovely to see the different people taking the opportunity to contribute in their unique ways. This continued once we began to meet in person again.

Public Benefit

In planning the activities of the charity, the Trustees have given consideration to the guidance on public benefit issued by the Charity Commission in particular to ensure that:

Plans for 2022/2023

We plan to continue to ‘livestream’ our Sunday morning service so that those who cannot attend in person can still be part of what is going on. This will mean people can watch via the Facebook or YouTube. Work will continue to rebuild the various teams and a number of people who have recently joined the Church have already been integrated in this way into the life of the Church.

We also plan to continue regular youth meetings both during the week and on Sundays.

Such has been the success of Alpha online that we anticipate this will continue. We can also foresee that there will be face to face Alpha courses as well, as not everyone is happy using Zoom. Throughout the lockdowns many of our small groups continued online, but will begin to meet again in person as the situation allows. We expect that some will be a mixture of online and face to face. As ever, we will continue to encourage people to start small groups as their time and gifts allow.

The Senior Pastors have set their retirement date for the end of January 2023 and have identified and recruited a new Senior Pastor. He will commence work in September 2022 and there will be a five month overlap. Needless to say, we are delighted with this and look forward to the new Senior Pastor’s fruitful ministry.

We will continue to develop the Storehouse and Family Storehouse and their roles in the community. We are mindful that the Storehouse building itself will be demolished in the fairly near future (although recent indications seem to suggest that this will still be a few years off) as part of the redevelopment of the whole area, so we will continue to look for suitable alternative premises both for church gatherings and the Storehouse.

Financial Review

Total income for the year was £313,677, a decrease of £141,299 from £454,976 in the previous year. Expenditure is higher than the previous year, increasing by £42,591 to £373,270 (2021: £330,679).

The charity is dependent on the voluntary donations of church members and recovered income tax. In addition, the following grants and donations were received:

Grants

£100,000 – The National Lottery Community Fund. Funding will continue for a further two years. £10,368 – HARP, for Storehouse expenses.

£562.20 – Tesco community fund grant for the Storehouse.

Donations over £500

£2,000 from The Lockett Trust for the Storehouse.

Page 5

SOUTHEND VINEYARD

Report of the Trustees for the year ended 31 March 2022

£520 for the Storehouse

We received unrestricted donations of £1,580 from church members where each individual gift was at least £500.

Southend Vineyard is grateful to all the organisations and individuals who support Southend Vineyard’s work.

The church supports a Christian worker with Iris Global in Mozambique. During the year, £2,210 was donated by church members in regular support (plus Gift Aid), with an additional £160 which had been collected during Sunday services.

Building Fund

Southend Vineyard aims to purchase a building when suitable premises can be identified and to that end maintains a building fund. At the end of March the restricted building fund held £96,191, as we had to return a grant of £8,500 due to our planned building purchase not being completed, with a further designated fund of £50,354.

Reserves Policy

Southend Vineyard’s Reserve Policy sets the level of reserves to be held as:

This level of reserves is designed to provide an orderly reduction in activity should income decline for any reason.

Southend Vineyard currently holds a large cash reserve, £217,211 of general funds cash at year end, which was generated by the sale of former premises. The reserve is in excess of the level set above and is being maintained to assist with the purchase of new premises, when somewhere suitable is identified.

Investment Policy

Under the Articles of Association, the charity has the power to make any investments which the trustees see fit.

Independent Examiner

A resolution will be proposed at the Annual General Meeting that Sarah Crispin of Stewardship be appointed the Independent Examiner to Southend Vineyard for the ensuing year.

Trustees’ Responsibilities

The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year.

In preparing those financial statements, the Trustees are required to:

Page 6

SOUTHEND VINEYARD

Report of the Trustees for the year ended 31 March 2022

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the company and enables them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the Trustees and signed on their behalf by:

Grant Gooding

Grant Gooding (Chairman)

Date: 19 December 2022

Page 7

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

SOUTHEND VINEYARD ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022 on pages 9 to 20 following, which have been prepared on the basis of the accounting policies set out on pages 11 to 12.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself 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 your 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.

Independent examiner’s statement

Since the Company’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 I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

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.

Sarah Crispin

Sarah Crispin ACA Institute of Chartered Accountants in England and Wales

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 21 December 2022

Page 8

SOUTHEND VINEYARD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Charitable activities
4
Investments
5
Other income
Total income and endowments
EXPENDITURE ON:
Charitable activities
6
Raising funds
7
Total expenditure
Net income/(expenditure)
Transfers between funds
16
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
16		 Unrestricted
Funds
£
88,642
21,735
359
-
110,736
125,235
-
125,235
(14,499)
4,702
(9,797)
486,296
476,499		 Restricted
Funds
£
202,779
162
-
-
202,941
247,035
1,000
248,035
(45,094)
(4,702)
(49,796)
231,418
181,622		 Total
Funds
2022
£
291,421
21,897
359
-
313,677
372,270
1,000
373,270
(59,593)
-
(59,593)
717,715
658,121		 Total
Funds
2021
£
446,796
7,526
477
176
454,976
330,679
-
330,679
124,296
-
124,296
593,419
717,715

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 11-19 form part of these accounts.

Page 9

SOUTHEND VINEYARD

BALANCE SHEET

AS AT 31 MARCH 2022

Note
FIXED ASSETS
Tangible assets
9
Social investments
10
CURRENT ASSETS
Stock
11
Debtors
12
Cash at bank and in hand
13
CREDITORS: Amounts falling
due within one year
14
Net current assets / (liabilities)
Total assets less current liabilities
TOTAL NET ASSETS
FUND BALANCES
16
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 Unrestricted
Funds
£
181,768
15,660
197,428
-
6,446
281,460
287,907
(8,836)
279,071
476,499
476,499
412,250
64,249
476,499
-
476,499		 Restricted
Funds
£
-
-
-
1,218
-
180,404
181,622
-
181,622
181,622
181,622
-
-
-
181,622
181,622		 Total
Funds
2022
£
181,768
15,660
197,428
1,218
6,446
461,864
469,528
(8,836)
460,693
658,121
658,121
412,250
64,249
476,499
181,622
658,121		 Total
Funds
2021
£
189,386
16,260
205,646
1,169
7,114
508,124
516,407
(4,339)
512,068
717,715
717,715
425,213
61,082
486,295
231,419
717,715

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

Grant Gooding

--------------------------------------Grant Gooding (Chairman)

Date: 19 December 2022

Company number: 03060009

Charity number: 1047393

The notes on page 11-19 form part of these accounts.

Page 10

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. In making this assessment the trustees have considered the impact of Covid-19 and have concluded that its impact on net income will not be material. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations includes:

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from the charity shop, rental of premises and church events and activities.

Investment income represents income generated by the charity's assets and includes income from bank interest.

Other income comprises other ad hoc income not of the above in nature.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Page 11

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

2 Accounting Policies (continued)

Expenditure on raising funds comprises the costs incurred on a bid writer to apply for grant funding for Storehouse projects.

d)

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

e) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

f) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £2,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

g) Investments

Social investments are investments where the primary motive is to further the charity's objects, not to generate an investment return. Social investments comprise welfare and concessionary loans. These are initially recognised as the amount paid and thereafter the carrying value at every balance sheet date is adjusted for repayments, interest charges and provisions for impairment if the amount owed may not be fully recoverable.

Impairment losses and losses arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Expenditure on charitable activities'. Gains arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Other income'. All other gains and losses on investment assets are included in the Statement of Financial Activities under the heading 'Net gains / (losses) on investments'.

h) Stocks

Stocks of donated items held for distribution to beneficiaries are measured at fair value.

i) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

j) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

k) Financial instruments

l) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

m) Critical accounting estimates and areas of judgement

The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

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SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

3 Donations

Donations of cash and similar
Donations in kind
Government Job Retention Scheme grants
Other grants receivable
Income tax recoverable
4
Income from charitable activities
Charity Shop
Church retreats and events
Restore sales
Room hire
5
Investment income
Bank interest
6
Charitable expenditure
a
Costs incurred directly on specific activities
Payroll (note 8)
Ministry
New Premises
Charity shop
Storehouse & Essential Living Fund
Donations in kind expensed
Grants payable (note 6c)
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Other
Property costs
Depreciation
Administration
Total expenditure		 2022
£
85,858
87,549
-
101,868
16,147
291,422
2022
£
19,529
1,705
162
500
21,897
2022
£
359
359
2022
£
164,839
26,295
-
1,624
53,493
87,500
9,877
343,628
3,120
803
3,923
10,389
7,617
6,713
28,642
372,270		 2021
£
144,231
84,000
2,776
194,872
20,917
446,796
2021
£
7,426
-
-
100
7,526
2021
£
477
477
2021
£
148,897
14,191
-
1,032
30,496
84,000
13,672
292,288
3,600
288
3,888
17,860
8,816
7,827
38,391
330,679

The fee payable to the independent examiner for preparing and examining the accounts was £3,120 (2021: £3,600); in addition the charity paid £1,203 (2021: £1,172) to Stewardship for payroll bureau and consultancy services.

Page 13

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

6 Charitable expenditure (continued)

c Grants payable

Grants for UK and overseas mission
Grants for the relief of poverty
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty
The charity's principal grants to institutions comprised:
Vineyard Churches UK&I
Grants to institutions for less than £1,000 each
Cost of raising funds
Fundraising costs		 Institutions
£
6,359
1,338
7,697
Institutions
£
8,214
-
8,214		 Individuals
£
2,180
2,180
Individuals
£
4,937
521
5,458
2022
£
5,819
1,878
7,697
2022
£
1,000
1,000		 2022
£
8,539
1,338
9,877
2021
£
13,151
521
13,672
2021
£
7,089
1,125
8,214
2021
£
-
-

7 Cost of raising funds

8 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

The average monthly number of employees during the year was 10.5 (2021: 10). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

fits payable to key management for the year were as follows:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Andrew Vincett
21,285
-
2,463
Roger Newsham
1,601
-
41
Key management connected to trustees:
Samantha Vincett, spouse of Andrew Vincett
21,285
-
2,463
Other members of key management		 2022
£
23,748
1,641
23,748
35,251
84,389

Page 14

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

The following amounts were payable in the previous year:

ollowing amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Andrew Vincett
21,200
-
2,463
Roger Newsham
18,670
-
560
Key management connected to trustees:
Samantha Vincett, spouse of Andrew Vincett
21,285
-
2,463
Other members of key management		 2021
£
23,663
19,230
23,748
35,251
101,893

Andrew Vincett, served as church leader and Roger Newsham served as Operations Manager. They each received the above payments for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.

9 Tangible fixed assets

Cost
At 1 April 2021
Additions
At 31 March 2022
Accumulated depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 Freehold
Property
£
272,923
272,923
85,696
5,458
91,154
181,768
187,227		 Fixtures,
fittings and
equipment
£
204,144
204,144
204,144
204,144
-
-		 Leasehold
Improvements
£
49,737
49,737
49,737
49,737
-
-		 Vehicles
£
16,190
16,190
14,031
2,159
16,190
-
2,159		 Total
2022
£
542,994
-
542,994
353,608
7,617
361,225
181,768
189,386

10 Social investments

Cost, less impairment, brought forward
Loans made in the year
Loans repaid in the year
Written off in the year
Provision for impairment
Cost, less impairment, carried forward
These loans are repayable as follows:
Within one year
After one year		 Welfare
loans
660
-
-
-
660
660
-
660		 Concessionary
loans
15,600
-
(600)
-
15,000
600
14,400
15,000		 2022
£
16,260
-
(600)
-
15,660
1,260
14,400
15,660		 2021
£
16,860
-
(600)
16,260
1,260
15,000
16,260

Social investments comprise:

a) a concessionary loan made to a charity to help it make a deposit on a building purchase. This loan is repayable by monthly instalments; it is unsecured and is interest free.

b) a number of small welfare and concessionary loans made to individuals and charities to help meet certain needs. These loans

Page 15

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

11 Stock

Donated goods for distribution to beneficiaries
12
Debtors: falling due within one year
Tax recoverable
Prepayments and accrued income
13
Cash at Bank and in Hand
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
Petty cash
14
Creditors: liabilities falling due within one year
Trade creditors
Taxation and social security
Accruals		 2022
£
1,218
1,218
2022
£
6,446
-
6,446
2022
£
240,287
219,541
2,036
461,864
2022
£
3,960
150
4,726
8,836		 2021
£
1,169
1,169
2021
£
3,914
3,200
7,114
2021
£
120,485
387,560
80
508,124
2021
£
-
739
3,600
4,339

15 Pension commitments

During the year employer’s pension contributions totalling £6,547 (2021: £6,540) were payable to defined contribution personal pension schemes. The charity's pension liability at the end of the year was £164 (2021: £nil)

Page 16

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

16 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Designated - Building fund
Designated - Storehouse ELF
Designated Hardship Fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
a) Alzheimer's Collection Tin
b) Storehouse fund including
National Lottery funding
c) Storehouse Foodbags
d) Community Outreach Officer
e) Family Storehouse
f) Kids' Church
g) Restore
h) Offerings for Specific Causes
i) Overseas missionary partners
j) Vulnerable Women's Outreach
k) Building project
l) Morning Light
Aggregate of funds		 Opening
balance
2022
£
46,687
482
13,914
61,082
425,214
486,296
166
109,309
1,169
0
2,949
1,286
13
10
33
11,654
104,691
137
231,417
717,714		 Incoming
resources
2022
£
3,667
-
-
3,667
107,069
110,736
113
118,374
87,549
-
319
120
242
-
2,370
-
(8,500)
2,493
203,081
313,817		 Outgoing
resources
2022
£
-
-
(500)
(500)
(124,735)
(125,235)
(200)
(155,560)
(87,500)
-
(282)
(62)
-
(2,180)
-
-
(2,390)
(248,174)
(373,409)		 Transfers
in the year
2022
£
-
-
-
-
4,702
4,702
-
(4,867)
-
-
-
-
-
(135)
300
-
-
(4,702)
-		 Gains and
losses
2022
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2022
£
50,354
482
13,414
64,249
412,250
476,499
79
67,256
1,218
-
2,986
1,344
255
10
88
11,954
96,191
241
181,622
658,121

The transfers between general and restricted funds above all relate to restricted expenditure in the previous year which was incorrectly charged against general or a different restricted fund.

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
197,428
-
-
-
6,446
-
217,211
64,249
(8,836)
-
412,250
64,249
Unrestricted Funds		 Restricted
funds
£
-
1,218
-
180,404
-
181,622		 2022
£
197,428
1,218
6,446
461,864
(8,836)
658,121

Page 17

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

16 Funds (continued)

In the previous year the movements in the charity's funds were as follows:

Designated Funds
Designated - Building fund
Designated - Storehouse ELF
Designated Hardship Fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
a) Alzheimer's Collection Tin
b) Storehouse fund including
National Lottery funding
c) Storehouse Foodbags
d) Community Outreach Officer
e) Family Storehouse
f) Kids' Church
g) Restore
h) Offerings for Specific Causes
i) Overseas missionary partners
j) Vulnerable Women's Outreach
k) Building project
l) Morning Light
Aggregate of funds		 Opening
balance
2021
£
41,950
482
-
42,432
414,631
457,062
148
7,132
1,169
-
3,245
706
3,061
64
111
16,158
104,562
-
136,355
593,418		 Incoming
resources
2021
£
4,737
-
17,850
22,587
139,102
161,689
18
188,009
84,000
-
-
-
-
1,575
3,620
12,500
129
661
290,510
452,200		 Outgoing
resources
2021
£
-
-
(3,936)
(3,936)
(131,566)
(135,503)
-
(85,832)
(84,000)
-
(296)
580
-
(1,629)
(3,697)
(17,004)
-
(523)
(192,401)
(327,903)		 Transfers
in the year
2021
£
-
-
-
-
3,048
3,048
-
-
-
-
-
-
(3,048)
-
-
-
-
-
(3,048)
-		 Gains and
losses
2021
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2021
£
46,687
482
13,914
61,082
425,214
486,296
166
109,309
1,169
-
2,949
1,286
13
10
33
11,654
104,691
137
231,418
717,715

In the previous year, the assets and liabilities of the various funds were as follows:

Fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
205,646
-
-
-
7,006
-
216,901
61,082
(4,339)
-
425,213
61,082
Unrestricted Funds		 Restricted
funds
£
-
1,169
108
230,141
-
231,419		 2021
£
205,646
1,169
7,114
508,124
(4,339)
717,715

Page 18

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

16 Funds (continued)

Designated funds

The Building Fund is an unrestricted fund designated by the Trustees to allow for future expenditure on purchase of a property.

ELF (Essential Living Fund) is a designated fund used in line with the storehouse restricted funds but the surplus is not restricted to such projects.

Restricted funds

a) Alzheimer's collection tin: is money given for furthering work with those suffering from Alzheimer's.

b) Storehouse fund: a fund to provide support for low income/vulnerable individuals/ families in the area.

c) Storehouse Foodbags

d) Community Outreach Officer: money received and spent on the employment of an outreach worker.

j) Vulnerable Women's Outreach: Outreach programme to engage with and help with ladies working in the sex industry in Southend.

k) Building project: this is money donated towards the church's future intention to purchase a building. During the previous year a proposed purchase did not materialise and as a result work has been done, including obtaining legal advice, to identify whether money given to the building funds can be maintained for another future purchase or are subject to a failed appeal.

l) Morning Light: Outreach to Syrian refugee families. Includes things like games for the children, postage, household items, glasses repair and transfers to Lebanon to provide food and essentials for family.

17 Transactions with related parties

During the year the charity:

Except as disclosed in note 8 'Analysis of staff costs', there have been no other transactions with related parties during the year.

18 Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

Page 19

SOUTHEND VINEYARD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted funds Unrestricted funds
General Designated Restricted Total General Designated Restricted Total
2022 2022 2022 2022 2021 2021 2021 2021
Note £ £ £ £ £ £ £ £
INCOME AND ENDOWMENTS FROM:
Donations 3 84,976 3,667 202,779 291,422 133,698 22,587 290,510 446,796
Charitable activities 4 21,735 - 162 21,897 7,526 - - 7,526
Investments 5 359 - - 359 477 - - 477
Other income - - - - 176 - - 176
Total income and endowments 107,069 3,667 202,941 313,677 141,878 22,587 290,510 454,976
EXPENDITURE ON:
Charitable activities: 6 124,735 500 247,035 372,270 134,342 3,936 192,401 330,679
Raising funds 7 - - 1,000 1,000 - - - -
Other - - - - - -
Total Expenditure 124,735 500 248,035 373,270 134,342 3,936 192,401 330,679
Net income/(expenditure) (17,666) 3,167 (45,094) (59,593) 7,536 18,651 98,110 124,296
Transfers between funds 16 4,702 - (4,702) - 3,048 - (3,048) -
Net movement in funds (12,964) 3,167 (49,796) (59,593) 10,583 18,651 95,062 124,296
Reconciliation of funds:
Total funds brought forward 425,214 61,082 231,418 717,715 414,631 42,432 136,356 593,419
Total funds carried forward 16 412,250 64,249 181,622 658,121 425,214 61,082 231,418 717,715

Page 20