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|EX|||
|---|---|---|
|||Page|
|Legal and administrative|information||
|Trustees annual
report|||
|Independentexaminers|report||
|Statement of Financial|Activities||
|Balance sheet||to|
|Cash flow statement|||
|Notes to the accounts||13|
##
|Trustees|||Chris Goodier||||(resigned 12October 2020)|
|---|---|---|---|---|---|---|---|
||||Nigel Hemming|||||
||||Nigel Jameson|||||
||||Graham
Matthews||||(Chairman)|
||||Matthew Parker|||||
||||Roger Tetstall|||||
||||Laura Trevett||||(VCUKI appointed)|
|Charity number|||1047868|||||
|Company|number||3073426|||||
|Registered||office|Unit A Bar End Industrial|||Estate||
||||Bar End Road|||||
||||Winchester|||||
||||60239NP|||||
|Independent||examiners|Knight Goodhead||Limited|||
||||7 Bournemouth|Road||||
||||Chandler's
Ford|||||
||||Eastleigh|||||
||||Hampshire|||||
||||60533DA|||||
|Bankers|||Bank of Scotland|||||
||||33 Old Broad Street|||||
||||London|||||
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||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||funds|funds|2020|2019|
|||Note|||||
|INCOME|||||||
|Voluntary
income|||377,993|68,982|446,975|503,910|
|Charitable
activities|||7,519|10,350|17,869|49,483|
|Investment
income|||||7|107|
|Other income - CJRSgrants|||16,194||16,194||
|TOTAL INCOME|||401,713|79,332|481,045|553,500|
|EXPENDITURE|||||||
|Charitable
activities|||355,967|92,768|448,735|551,108|
|TOTAL EXPENDITURE|||355,967|92,768|448,735|551,108|
|NET INCOME)(EXPENDITURE)|FOR YEAR||45,746|(13,436)|32,310|2,392|
|TRANSFERS BETWEEN FUNDS||13|(16,066)|16,066|||
|NET INCOME FORYEAR|||29,680|2,630|32,310|2,392|
|FUND BALANCES
AT 31DECEMBER 2019|||827,304|12,284|839,588|837,196|
|FUND BALANCES AT 31DECEMBER 2020|||856,984|14,914|871,898|839,588|
##
|BALANCE SHEET||AS AT 3'I DEC|EMBER 2|020|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Note||||2020|||2019|
||||||||8|||6|
|FIXEDASSETS|||||||||||
|Tangible assets|||||||1,517,098|||1,557,818|
|CURRENT ASSETS|||||||||||
|Debtors||||10,324||||15,632|||
|Cash at bank and|in hand|||158,706||||101,166|||
|||||169,030||||116,798|||
|CREDITORS: amounts|failing||||||||||
|due within one year|||16|~63786,||||56,335|||
|NET CURRENT ASSETS|||||||105,244|||60,463|
|TOTAL ASSETS LESS|CURRENT LIABILITIES||||||1,622,342|||1,618,281|
|CREDITORS: amounts|falling||||||||||
|due after more than||one year|||||(750,444)|||(778,693)|
|NET ASSETS|||||||871,868|||839,588|
|FUNDS|||||||||||
|Restricted funds|||12||||14,914|||12,284|
|Unrestricted
funds|||13||||856,984|||827,304|
|T01AL FUNDS|||||||871,898|||839,588|
|The company
is entitled||to the exemption|from the audit requirement||contained||in section 477of|the Companies||Act 2006,|
|for the year ended
31|December 2020.||No member|of the company||has deposited
a notice,||pursuant|to section 476,||
|requiring
an audit ofthese accounts,|||||||||||
##
|||||2020|2019|
|---|---|---|---|---|---|
||||Notes|6|6|
||NET CASH FLOW PROVIDED BYOPERATING ACTIVITIES|||99,021|139,151|
||CASH FLOWS FROM INVESTING ACTIVITIES|||||
||Interest rex.ived||||107|
||CASH FLOWS FROM FINANCING|ACTIVITIES||||
||Fixed asset additions|||(7,567)|(98,699)|
||Interest paid|||(33,921)|(36,795)|
||NET CASH FLOW FOR THE YEAR|||57,540|3,764|
||NOTES TO THE CASHFLOW|STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020||||
|||||2020|2019|
|1|NET CASH FLOW FOR THE YEAR|||6|6|
||Change
in cash and cash equivalents||in the year|57,540|3,764|
||Cash and cash equivalent
at start ofthe year|||101,166|97,402|
||Cash and cash equivalents
at the end||ofthe year|158,706|101,166|
|||||2020|2019|
|2|NET CASH FLOW PROVIDED BYOPERATING ACTIVITIES|||6|6|
||Net movement
in funds for the year|||32,310|2,392|
||Interest received|||(7)|(107)|
||Interest paid|||33,921|36,795|
||Depreciation|||48,287|48,175|
||Decrease/(increase)
in debtors|||5,308|(2,965)|
||Increase/(decrease)
in creditors|||(20,798)|54,861|
||Net cash flow from operating
activities|||99,021|139,151|
##
|3|ANALYSIS OF CASH AND CASH EQUIVALENTS|ANALYSIS OF CASH AND CASH EQUIVALENTS||2020|2019|
|---|---|---|---|---|---|
|||||8|6|
||Cash at bank and in hand|||158,706|101,166|
|4|ANALYSIS OF CHANGE|IN NET DEBT|A11||At 31|
||||January||December|
||||2020|Cash flows|2020|
||||E|8|E|
||Cash at bank and in hand||101,166|57,540|158,706|
||Debt due within one year||(27,297)|(417)|(27,714)|
||Debt due after one year||(778,693)|28,249|(750,444)|
||||04,824|85,372|619,452|
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|3|VOLUNTARY
INCOME|VOLUNTARY
INCOME||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2020|2019|
|||||6|f|6|6|
||Gift aid donations|||258,749|30,435|289,184|271,902|
||Gift aid recoverable|||59,208|9,332|68,540|72,886|
||Other donations|||60,036|29,215|89,251|159,122|
|||||377,993|68,982|446,975|503,910|
|4|CHARITABLE ACTIVITIES INCOME|||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2020|2019|
|||||6|8|8|6|
||Premises
Hire and Sundry income|||5,022||5,022|15,096|
||Self-funded
activities income|||2,497||2,497|21,326|
||Income from Vineyard|UK &Churches|Together||10,350|10,350|13,061|
|||||7,519|10,350|17,869|49,483|
|5|EXPENDITURE|||||||
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2020|2019|
|||||8|6|6|8|
||Staff costs|||205,486||205,486|207,769|
||Church
running
and maintenance|||33,720|13,281|47,001|98,693|
||Postage, stationery
and|office||4,225|1,060|5,285|9,571|
||Travel and hospitality|||5,217|1,694|6,911|23,461|
||Youth and Children|||2,911||2,911|12,016|
||Books and CD purchases|||270||270|3,007|
||Conferences
and seminars|||2,572|317|2,889|9,857|
||Sundries|||262|184|446|2,433|
||Depreciation|||50,471||50,471|48,175|
||Mortgage interest|||33,921||33,921|36,795|
||Bank charges and interest|||166||166|1,091|
||Missions and donations|||13,638|76,232|89,870|91,336|
||Professional fees and accountancy|||1,463||1,463|4,529|
||Independent
examiners|fees||1,645||1,645|2,375|
||TOTAL EXPENDITURE|||355,967|92,768|448,735|551,108|
##
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|Missions and Donations|Missions and Donations||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|2020|2019|
||||8|8|8|8|
|Uganda
Mission||||17,117|17,117|14,620|
|Association
ofVineyard||Churches|5,850|10,350|16,200|18,422|
|Brazil Project||||14,323|14,323|13,960|
|Street Pastors|||1,800||1,800|1,800|
|1ajikistan Project||||||2,718|
|Outreach to Muslims||||22,209|22,209|18,049|
|Romania
Mission||||315|315|6,090|
|Stellenbosch
Vineyard,||South Africa||1,200|1,200|600|
|Bosnia Project||||3,044|3,044|1,857|
|Bethel Sozo UK||||2,000|2,000||
|Other donations|under 21,000each||5,988|5,674|11,662|13,220|
||||13,638|76,232|89,870|91,336|
|STAFF COSTS|||||2020|2019|
||||||8|8|
|Wages and salaries|||||186,797|187,510|
|Social security|||||7,351|8,647|
|Pension|||||11,338|11,612|
||||||205,486|207,769|
|The average
number ofemployees
during the financi|al year were:||
|---|---|---|
||Number|Number|
|Pastoral|||
|Administration|||
||14|14|
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|8|TANGIBLE FIXEDASSETS|||Freehold|Equipment|Motor||
|||||Property|PA 8 admin|vehicles|Total|
|||||6|6|6|8|
||COST|||||||
||At beginning
ofperiod|||1,938,294|52,509|6,000|1,996,803|
||Additions|||4,661|2,906||7,567|
||Disposals|||||||
||At end of pediod|||1,942,955|55,415|6,000|2,004,370|
||DEPRECIATION|||||||
||At beginning
of period|||411,453|22,278|5,254|438,985|
||Charge for the period|||38,766|8,775|746|48,287|
||Disposal|||||||
||At end ofperiod|||450,219|31,053|6,000|487,272|
||NET BOOK VALUE|||||||
||At end ofperiod|||1,492,736|24,362||1,517,098|
||At beginning
of period|||1,526,841|30,231|746|1,557,818|
|9|DEBTORS||||2020||2019|
||||||6||8|
||Income tax recoverable||||5,369||7,259|
||Other debtors||||4,955||8,373|
||||||10,324||15,632|
|10|CREDITORS: amounts|falling due within one year|||2020||2019|
||||||8||8|
||Trade creditors||||||21|
||Bank loans and overdrafts||||27,714||27,297|
||Accruals and deferred|income|||25,033||21,603|
||Other creditors||||11,039||7,414|
||||||63,786||56,335|
||Bank loans are secured|against the freehold|property.|||||
|11|CREDITORS: amounts|falling due after more|than one|year|2020||2019|
||||||6||6|
||Bank loans||||266,444||228,663|
||Included above and due after more than five||years:|||||
||Bankloans||||628632,||655,732|
||Bank loans are secured|against the freehold|property.|||||
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|17|PRIOR YEAR STATEMEN1|OF FINANCIAL ACTIVITIES|FOR THE YEAR ENDED 31|DECEMBER2019||
|---|---|---|---|---|---|
||(INCLUDING
INCOME AND EXPENDITURE ACCOUNT)|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|2019|
||||Note|||
||INCOME|||||
||Voluntary
income||442,045|61,865|503,910|
||Charitable
activities||36,422|13,061|49,483|
||Investment
income||107||107|
||TOTAL INCOME||478,574|74,926|553,500|
||EXPENDITURE|||||
||Charitable
activities||472,793|78,315|551,108|
||TOTAL EXPENDITURE||472,793|78,315|551,108|
||NET INCOIIIE/(EXPENDITURE)|FOR YEAR|5,781|(3,389)|2,392|
|TRANSFERS BETWEEN FUNDS|||(10,236)|10,236||
|NET EXPENDITURE FORYEAR|||(4,455)|6,847|2,392|
|FUND BALANCES
AT 31DECEMBER 2018|||831,759|5,437|837,196|
|FUND BALANCES AT 31 DECEMBER 2019|||827,304|12,284|839,588|
##
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||||||||Transfers||
|---|---|---|---|---|---|---|---|---|
|||||At beginning|Income|Expenditure|between|At end|
|||||ofperiod
f|f|f|funds
f|ofperiod
f|
|Building|fund||||15,764||(15,764)||
|Mission|fund|||895|41,698|(61,495)|26,000|7,098|
|Stmams|of Hope|||4,542|4,403|(3,759)||5,186|
|Vineyard|Churches||||13061|13061|||
|||||5,437|74,926|78,315|10,236|12,284|
|UNRESTRICTED|||FUNDS 2019||||||
||||||||Transfers||
|||||At beginning|Income|Expenditure|between|At end|
|||||ofperiod|f|f|funds
f|ofperiod
f|
|Designated
funds|||||||||
|Children|and|Youth||2,063|5,041|(12,016)|7,500|2,588|
|Compassion||(Non-Hardship)||922|2,741|(5,002)|1,339||
|Compassion||(Hardship)||3,250|1,114|(3,500)|925|1,789|
|Property|capital fund||||||720,851|720,851|
|||||6,235|8,896|(20,518)|730,615|725,228|
|General|funds|||825,524|469,678|452,275|740,851|102,076|
|Total unrestricted|||funds|831,759|478,574|472,793|10,236|827,304|