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2024-03-31-accounts

Southend Vineyard

Report and Accounts Year ended 31 March 2024

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

SOUTHEND VINEYARD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2024

Trustees Grant Gooding (resigned 24 November 2023)
Joao Mazive
Nichola Williamson (resigned 23 January 2024)
David Argent
Roderick Harvey
James Charles Dunlop
Paul Norman (appointed 17 May 2024)
Adekemi Olabisi Coker (appointed 12 July 2024)
Company Secretary Catherine Wakeling
Key Staff Roderick Harvey
Claire Norman
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 2-8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12-21
Detailed SOFA with comparatives 22

Page 1

Report of Southend Vineyard’s Trustees for the year ended 31 March 2024

The Trustees, who are the charity's directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.

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.

The Trustees consider they comply with Charity Commission guidance and company regulations. Through the planning, and rigorous review systems in place, we meet legal requirements and maintain a wide number of processes, policies, and safeguarding practices, which ensure the effective running of Southend Vineyard.

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. For most of the 2023/2024 year the Trustee undertaking this role was Nicky Williamson.

Organisational Policy

The Articles of Association provide for a minimum of three trustees. They meet at least four times a year and additional meetings are held when required. Sub-committees are formed as and when needed. 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 affiliated to Vineyard Churches UK and Ireland (VCUKI). The Senior Pastor is licensed to use the ‘Vineyard’ name by signing the Charity’s Trademark Deed of License and agreeing to abide by the terms of their By-laws.

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

Page 2

ii. To advise the Senior Pastors on staffing, salaries and employment issues. iii. To manage the legal responsibilities of the company.

i. To provide one to one pastoral care for church members.

ii. To help teach and train church members in the Christian religion.

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

i. Children's work

ii. Prison visiting iii. Care for the poor iv. Worship v. Youth work

Staffing

Within the reporting period of 2023/2024 the following staff were employed:

Senior Pastor Assistant Pastor – Children Youth Pastor (from 9 October 2023) Bookkeeper & Administrator Charity Shop Manager (until 30 November 2023) The Bridge Front of House Worker (from 21 February 2024) Storehouse Manager (until 19 January 2024) Women’s Outreach Manager (and Acting Storehouse Manager) Storehouse Database Administrator

Page 3

Storehouse Driver (from 12 February 2024) Storehouse Worker (until 28 March 2024)

Key Volunteers

Volunteers are essential at Southend Vineyard, where they lead and support in every area of Southend Vineyard’s activities. Within the reporting period, key volunteers were the Assistant Pastor and Safeguarding Lead, the Operations Manager from August 2023 and the Outreach Pastor.

Objectives and activities (as found in the charity’s governing document)

1. To advance the Christian faith and further Christian or secular education:

Southend Vineyard’s vision statement describes it as a ‘Community transformed by Jesus to bring life and hope to Southend.’ Through a wide range of activities and events we are seeing people transformed by Jesus and their lives significantly enriched and deepened, which is encouraging and exciting.

The church’s main opportunity to join together is on Sunday mornings at Prince Avenue School. It is in these collective times that we seek to worship God, encounter Jesus and be transformed by Him. These times are precious and very important for the shaping of the church into the people we believe we are called to be. It is also an important time for newcomers wishing to come and understand more about Southend Vineyard. The talk during these services is streamed online through both YouTube and Facebook. As a church we have a wide number of small groups, worship evenings etc where people can connect more deeply within the week.

Once a month throughout the year, we go onto the streets giving out gifts, leaflets and offering to pray with people, listen to them and support them. During these times we hope they will encounter the living God for themselves.

At the end of November 2023, the charity shop was closed and converted into a space we named The Bridge. This increased our ability to connect with those in the church and the wider community. A wide variety of activities take place there, including bereavement support, a dropin, youth clubs, bible study groups, nightclub outreach, partnership meetings, crafty ladies group etc. This has been a great way of connecting with people and has generated a lot of excitement within the church. We sell a number of Christian books and give out a variety of leaflets, books and products.

One major opportunity opening The Bridge has created, is to work with the youth in the town. It gives them a safe, supportive, fun place to come where they can build positive relationships with adults and other young people. A partnership with the YMCA developed and we run two youth groups together. Other partnerships are being explored.

The church baptised seven people in the sea this year. We also ran an Alpha group where people could explore the Christian faith in greater detail. Fun events during the year included a picnic in the park, a volunteers thank you evening, kids and youth events, Christmas parties in small groups, and social activities in the offices.

Southend Vineyard ran a project called Restore which upcycled and sold several types of furniture. This project trained individuals who needed support in developing practical skills

Page 4

whilst they also struggled with various life difficulties. Due to a lack of finances and wanting to invest in other areas, this project closed in April.

2. social welfare to improve conditions of life:

The Storehouse is Southend Vineyard’s major project. This is a community cafe providing a safe welcoming caring environment with hot food and drinks. It is open to anybody in need and runs six sessions for over 350 people every week. 98% of these individuals also receive a food bag, which provides significant support for them and their families. The Storehouse’s location is in the top 3.5% of the most deprived areas in England. It caters for families, asylum seekers, the homeless, those in poverty, people living with mental health problems and those living with addiction problems. The Storehouse has a variety of organisations in Southend which it partners with, including Southend City Council, Swan Housing, NHS mental Health Services, Essex Police, the Probation Service, Aspirations, Achievement Though Football (ATF) and Project 49 among others. Events taking place at the Storehouse during the year included Christmas meals, Santa’s grotto, Queensway Estate working party and family events.

Southend Vineyard also employs a Vulnerable Women's Outreach Worker who partners with Aspirations in Southend to support women on the street. Several individuals have been helped through this project.

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 2024/2025

As a church we are exploring other provisions and opportunities to help those in our community practically, emotionally and spiritually while maintaining what we believe we are called to do. Areas we are wanting to develop further include, freedom from addictions, youth, outreach, worship, families and discipleship. We hope that we will be able to meet on Sunday mornings in Southend in the near future, so it is easier for those we support to come along.

Page 5

Financial Review

Total income for the year was £278,635, a decrease of £83,650 from £362,285 in the previous year. Expenditure has also decreased from the prior year to £348,544 (2023: £421,934).

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

£7,865 for the second year (April 2023- March 2024) of a Southend Association of Voluntary Services grant (community investment board) to the Storehouse of £23,595 awarded over three years.

£27,000 from Ocado for the Storehouse.

£2,500 from Fowler Smith and Jones Trust for the Storehouse.

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

£4,000 from the Southend Association of Voluntary Service for the Storehouse to purchase food.

£22,500 from the Police, Fire and Crime Commissioner for youth outreach (to begin on 1 April 2024).

Donations over £500

£500 from the Lion’s Club for the Storehouse.

£500 from an individual for the Storehouse.

£983 from Love Southend for the Storehouse vehicle fund.

£1,100 from an individual for the Youth Pastor’s salary.

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

The church supported a Christian worker with Iris Global in Mozambique. During the year,

£1,240 was donated by church members in regular support (plus Gift Aid).

Page 6

Building Fund

and to that end maintains a building fund. At the end of March, the restricted building fund held £91,191, with a further designated fund of £42,364.

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, £224,402 of unrestricted 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

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

statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 7

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 these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  5. presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable 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:

James Dunlop

James Dunlop (Dec 2, 2024 23:39 GMT)

James Dunlop (Chair)

Date: Dec 2, 2024

Page 8

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 2024 on pages 9 to 22 following, which have been prepared on the basis of the accounting policies set out on pages 12 to 13.

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 (Dec 9, 2024 08:30 GMT)

Sarah Crispin ACA Institute of Chartered Accountants in England and Wales

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Dec 9, 2024

Page 9

SOUTHEND VINEYARD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
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
£
99,572
17,133
4,958
983
122,646
152,022
152,022
(29,375)
(29,812)
(59,187)
468,532
409,345		 Restricted
Funds
£
151,178
4,673
-
137
155,988
196,522
196,522
(40,534)
29,812
(10,722)
129,941
119,218		 Total
Funds
2024
£
250,750
21,806
4,958
1,120
278,635
348,544
348,544
(69,909)
-
(69,909)
598,473
528,563		 Total
Funds
2023
£
329,008
21,471
1,539
10,266
362,285
421,934
421,934
(59,649)
-
(59,649)
658,121
598,473

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 12-21 form part of these accounts.

Page 10

SOUTHEND VINEYARD

BALANCE SHEET

AS AT 31 MARCH 2024

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
£
170,851
13,750
184,601
-
5,835
224,400
230,235
(5,491)
224,744
409,345
409,345
352,176
57,169
409,345
-
409,345		 Restricted
Funds
£
-
-
-
1,563
-
117,655
119,218
-
119,218
119,218
119,218
-
-
-
119,218
119,218		 Total
Funds
2024
£
170,851
13,750
184,601
1,563
5,835
342,055
349,453
(5,491)
343,961
528,563
528,563
352,176
57,169
409,345
119,218
528,563		 Total
Funds
2023
£
176,310
14,400
190,710
1,192
1,796
407,645
410,632
(2,869)
407,763
598,473
598,473
394,803
73,729
468,532
129,941
598,473

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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:

James Dunlop (Dec 2, 2024 23:39 GMT)James Dunlop Dec 2, 2024 ----------------------------------------------------------------------------James Dunlop (Chair) Date

Company number: 03060009

Charity number: 1047393

The notes on page 12-21 form part of these accounts.

Page 11

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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. 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:

i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.

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 including sale of fixed assets and insurance claims.

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 12

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

2 Accounting Policies (continued)

The cost of raising funds is not significant and has not been separately disclosed

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.

d) 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.

e) 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.

f) 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'.

g) Stocks

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

h) 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.

i) 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.

j) Financial instruments

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

k) 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.

Page 13

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

3 Donations

Donations of cash and similar
Donations in kind (3a)
Other grants receivable
Income tax recoverable
a
Donations in kind comprise the following:
Goods donated for:
Distribution to beneficiaries
For use by the charity		 2024
£
97,032
68,734
65,865
19,120
250,750
2024
£
67,536
1,198
68,734		 2023
£
107,495
98,566
97,865
25,083
329,009
2023
£
98,566
-
98,566

Goods donated for distribution to beneficiaries consists for food donations to the Storehouse. Goods donated for use by the charity represents the donation of CCTV cameras for use at the Storehouse.

4 Income from charitable activities

Charity Shop
Church retreats and events
Room hire
5
Investment income
Bank interest
6
Other income
Gains on disposal of tangible fixed assets
Insurance claim
7
Charitable expenditure
a
Costs incurred directly on specific activities
Staff costs (note 8)
Ministry costs
Other projects excluding salaries:
Charity shop
Storehouse
Vulnerable women's outreach
Donations in kind expensed
Grants payable (note 7c)		 2024
£
15,509
295
6,003
21,806
2024
£
4,958
4,958
2024
£
137
983
1,120
2024
£
175,016
32,003
3,495
34,056
889
68,363
6,417
320,238		 2023
£
20,385
(124)
1,210
21,471
2023
£
1,539
1,539
2023
£
137
10,129
10,266
2023
£
197,662
32,555
5,894
33,820
1,101
98,592
24,094
393,719

Page 14

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

7 Charitable expenditure (cont.)

7
Charitable expenditure (cont.)
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Other
Property costs
Depreciation
Administration
Total expenditure		 3,540
1,672
5,212
9,830
5,458
7,805
28,305
348,544		 3,480
522
4,002
10,221
5,458
8,533
28,215
421,934

The fee payable to the independent examiner for preparing and examining the accounts was £3,540 (2023: £3,480); in addition the charity paid £1,195 (2023: £1,286) to Stewardship for payroll bureau and consultancy services.

c Grants payable

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		 Institutions
£
4,640
193
4,832
Institutions
£
5,623
311
5,934		 Individuals
£
1,585
1,585
Individuals
£
18,160
18,160
2024
£
4,400
433
4,832		 2024
£
6,225
193
6,417
2023
£
23,783
311
24,094
2023
£
5,148
786
5,934

Page 15

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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 8.7 (2023: 11.6). 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:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Roderick Harvey
33,808
-
1,014
Nichola Williamson
22,609
3,000
618
Other members of key management
9,558
-
115
following amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Andrew Vincett
17,675
-
2,053
Roderick Harvey
13,333
-
400
Nichola Williamson
22,000
-
660
Key management connected to trustees:
Samantha Vincett, spouse of Andrew Vincett
17,675
-
2,053
Other members of key management
8,009
-
-		 2024
£
34,822
26,227
9,673
70,722
2023
£
19,728
13,733
22,660
19,728
8,009
83,858

The following amounts were payable in the previous year:

Roderick Harvey served as a church leader and Nichola Williamson served as Storehouse 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.

Payroll costs included redundancy and termination payments totalling £4,954 (2023: £nil) and comprise statutory payments and exgratia payments where this was considered appropriate. Redundancy and termination payments are charged when the liability or obligation arises.

9 Tangible fixed assets

Tangible fixed assets
Cost
At 1 April 2023
Additions
At 31 March 2024
Accumulated depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Freehold
Property
£
272,923
-
272,923
96,613
5,458
102,071
170,851
176,310		 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
16,190
-
16,190
-
-		 Total
2024
£
542,994
-
542,994
366,684
5,458
372,142
170,851
176,310

Page 16

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

10 Social investments

al investments
Cost, less impairment, brought forward
Loans repaid in the year
Written off in the year
Cost, less impairment, carried forward
These loans are repayable as follows:
Within one year
After one year		 Concessionary
loans
14,400
(650)
-
13,750
600
13,150
13,750		 2024
£
14,400
(650)
-
13,750
600
13,150
13,750		 2023
£
15,660
(600)
(660)
14,400
600
13,800
14,400

Social investments comprise 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.

11 Stock

Donated goods for distribution to beneficiaries
12
Debtors: falling due within one year
Trade debtors
Tax recoverable
Other debtors
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
Taxation and social security
Other creditors
Accruals		 2024
£
1,563
1,563
2024
£
4,673
1,162
-
5,835
2024
£
114,803
226,957
296
342,055
2024
£
572
1,379
3,540
5,491		 2023
£
1,192
1,192
2023
£
-
1,531
265
1,796
2023
£
214,703
190,428
2,513
407,645
2023
£
-
-
2,869
2,869

Page 17

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

15 Pension commitments

During the year employer’s pension contributions totalling £3,720 (2023: £7,532) were payable to defined contribution personal pension schemes. The charity's pension liability at the end of the year was £35 (2023: £102)

16 Funds

Funds
During the year the movements in the charity's funds wer
Opening
balance
2024
£
Designated Funds
Building fund
52,154
Hardship Fund
12,125
Van Fund
9,450
Youth Pastor Fund
-
73,729
General Unrestricted Funds
394,803
Total Unrestricted Funds
468,532
Restricted Funds
Alzheimer's Collection Tin
-
Storehouse fund including National
Lottery funding
21,528
Storehouse Foodbags
1,192
Family Storehouse
2,846
Kids' Church
223
Restore
137
Offerings for Specific Causes
10
Overseas missionary partners
283
Vulnerable Women's Outreach
10,758
Building project
91,191
Morning Light
1,771
The Bridge
-
Youth outreach
-
129,940
Aggregate of funds
598,473		 e as follows:
Incoming
resources
2024
£
210
40
1,023
4,629
5,902
116,744
122,647
93
53,656
67,536
-
-
-
-
1,325
4,200
-
1,420
5,258
22,500
155,988
278,635		 Outgoing
resources
2024
£
-
(540)
(8,012)
(3,910)
(12,462)
(139,559)
(152,022)
(93)
(96,221)
(67,165)
(418)
(223)
(137)
-
(1,585)
(23,468)
-
(3,192)
(4,021)
-
(196,522)
(348,544)		 Transfers
in the year
2024
£
(10,000)
-
-
-
(10,000)
(19,812)
(29,812)
-
21,037
-
-
-
-
-
-
8,510
-
-
265
-
29,812
-		 Gains and
losses
2024
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2024
£
42,364
11,625
2,462
719
57,169
352,176
409,345
-
-
1,563
2,429
-
-
10
23
-
91,191
-
1,502
22,500
119,218
528,563

The transfers referred to above were made for the following reasons:

a)

From the designated Building Fund to Storehouse to contribute to salary costs as the trustees consider this to be a greater priority.

b) To transfer Savs funding from the Storehouse to Vulnerable Women's Outreach and to include the Vulnerable Women's Outreach as part of Storehouse in the future.

Page 18

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

16 Funds (continued)

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
In the previous year the movements in the
Designated Funds
Building fund
Storehouse ELF
Hardship Fund
Van Fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Alzheimer's Collection Tin
Storehouse fund including National
Lottery funding
Storehouse Foodbags
Family Storehouse
Kids' Church
Restore
Offerings for Specific Causes
Overseas missionary partners
Vulnerable Women's Outreach
Building project
Morning Light
Aggregate of funds		 charity's funds
Opening
balance
2023
£
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		 General
Designated
funds
funds
£
£
184,601
-
-
-
5,835
-
167,231
57,169
(5,491)
-
352,176
57,169
were as follows:
Incoming
Outgoing
Transfers
resources
resources
in the year
2023
2023
2023
£
£
£
1,800
-
-
-
(482)
-
-
(1,289)
-
10,229
(779)
-
12,029
(2,550)
-
125,020
(142,467)
-
137,049
(145,017)
-
61
(140)
-
102,574
(143,455)
(4,847)
98,566
(98,592)
-
140
(279)
-
-
(1,122)
-
157
(275)
-
-
-
13,355
(18,160)
5,000
5,659
(11,702)
4,847
-
-
(5,000)
4,723
(3,192)
-
225,235
(276,917)
-
362,284
(421,934)
-
Unrestricted Funds		 Restricted
funds
£
-
1,563
-
117,655
-
119,218
Gains and
losses
2023
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2024
£
184,601
1,563
5,835
342,055
(5,491)
528,563
Closing
balance
2023
£
52,154
-
12,125
9,450
73,729
394,803
468,532
-
21,528
1,192
2,846
223
137
10
283
10,758
91,191
1,771
129,941
598,473

Page 19

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

16 Funds (continued)

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
£
£
190,710
-
-
-
1,796
-
205,167
73,729
(2,869)
-
394,803
73,729
Unrestricted Funds		 Restricted
funds
£
-
1,192
-
128,749
-
129,941		 2023
£
190,710
1,192
1,796
407,645
(2,869)
598,473

Designated funds

The Building Fund is an unrestricted fund designated by the Trustees to allow for future expenditure on purchase of a property. Some donations are received to this fund but on the understanding that if they can't be used for that purpose, they will be used for general charitable purposes.

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.

The Hardship Fund is a designated fund to be used to relieve hardship for those in need.

The Van Fund is designated to the costs of running a van for the foodbank.

The Youth Pastor fund represents funds set aside for the salary cost of the Youth Pastor.

Restricted funds

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

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

Storehouse Foodbags

Family Storehouse: a fund to provide food, nappies, baby milk & support for low income families in the local community.

Kids Church: a fund to provide resources for childrens' activities including staff in the Church.

Restore: a furniture restoration project equipping volunteers with skills and small business knowledge.

Offerings for specific causes: a fund to support specific missionary projects in various parts of the world or to offer support in areas affected by natural disasters.

Overseas missionary partners: overseas missionaries supported by the Church.

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

Building project: this is money donated towards the church's future intention to purchase a building.

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.

The Bridge fund is money donated to support the Bridge Youth & Community Hub

The Youth Outreach fund represents a grant received for Youth Outreach in the coming financial year.

Page 20

SOUTHEND VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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 21

SOUTHEND VINEYARD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted funds Unrestricted funds
General Designated Restricted Total General Designated Restricted Total
2024 2024 2024 2024 2023 2023 2023 2023
Note £ £ £ £ £ £ £ £
INCOME AND ENDOWMENTS FROM:
Donations 3 94,653 4,919 151,178 250,750 102,011 1,900 225,098 329,009
Charitable activities 4 17,133 - 4,673 21,806 21,471 - - 21,471
Investments 5 4,958 - - 4,958 1,539 - - 1,539
Other income 6 - 983 137 1,120 - 10,129 137 10,266
Total income and endowments 116,744 5,902 155,988 278,635 125,020 12,029 225,235 362,285
EXPENDITURE ON:
Charitable activities: 7 139,559 12,462 196,522 348,544 142,467 2,550 276,917 421,934
Total Expenditure 139,559 12,462 196,522 348,544 142,467 2,550 276,917 421,934
Net income/(expenditure) (22,815) (6,560) (40,534) (69,909) (17,447) 9,480 (51,682) (59,649)
Transfers between funds 16 (19,812) (10,000) 29,812 - - - - -
Net movement in funds (42,627) (16,560) (10,722) (69,909) (17,447) 9,480 (51,682) (59,649)
Reconciliation of funds:
Total funds brought forward 394,803 73,729 129,941 598,473 412,250 64,249 181,623 658,121
Total funds carried forward 16 352,176 57,169 119,218 528,563 394,803 73,729 129,941 598,473

Page 22