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2022-02-28-accounts

Sutton Vineyard

Report and Accounts Year ended 28 February 2022

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

SUTTON VINEYARD

FOR THE YEAR ENDED 28 FEBRUARY 2022

CHARITY INFORMATION

Trustees Jonathan Bochenski (resigned 6 August 2021)
Clare Hardie (resigned 16 May 2022)
Claire Miles (resigned 15 March 2021)
Thomas Miles
Amy Page (resigned 19 July 2021)
Jonathan Page
Aredi Pitsiaeli
Merita Speed (appointed 21 February 2022)
Keith Sunderland (appointed 24 May 2021) (resigned 20 September 2021)
Samuel Worsley (appointed 19 June 2021)
Sarah Worsley (appointed 16 May 2022)
Key Staff Jason and Beverley Clark (Senior Pastors)
Jonathan Dowdeswell (Operations and Business Manager)
Benjamin Webb (Youth and Community Development Pastor)
Hannah Miles (Children and Families Pastor)
Governing Document Constitution dated 6 March 2020, as amended 4 May 2020
Charity Registration Number 1061363
Principal Address Sutton Vineyard
Stayton House
Stayton Road
Sutton
Surrey, SM1 2PS
Independent Examiner Ajay Rajani FCIE
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
Bankers Co-Op Bank
Lloyds Bank
Contents Page
Charity Information 1
Trustees' Annual Report 2-5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cashflow Statement 9
Notes to the Accounts 10-16
Detailed Statement of Financial Activities with Comparatives 17

Page 1

SUTTON VINEYARD

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 28 FEBRUARY 2022

The trustees have pleasure in submitting the Report and Accounts for the year.

Statutory information about the charity

The charity was a charitable company limited by guarantee (company registered number 03319200) until 6 March 2020. On 6 March 2020 the charity converted to a charitable incorporated organisation. The charity is no longer registered with Companies House but retains is registered charity number (which is 1061363). The charity was governed by a Memorandum and Articles of Association until 6 March 2020 when it was then replaced by a new Constitution.

Objects of the charity

The object of the charity is to advance the Christian faith through (a) the organisation and provision of Christian worship (b) undertaking activities appropriate for a Church (c) the provision of facilities for Christian training and service (d) Christian evangelism and outreach and (e) providing assistance to the wider Christian church.

Aims

The church's mission is to invite people into their first and next encounter with God. This is achieved by undertaking the activities set out in the 'Activities and Achievements' section of this report.

We continue to encourage our members to invite our local community into the activities of the church.

To facilitate the church's mission, by the end of this period the church had 10 paid staff members, 4 full time and 6 part time. This equates to 7.15 full time equivalent staff. We continue to keep our staffing needs under review.

In planning the activities the trustees have had regard to the guidance on public benefit issued by the Charity Commission.

Activities and Achievements

The activities undertaken during the year to achieve the church's mission and, related achievements, fall under the following broad headings:

Ministry

As a result of the Covid pandemic, at the start of the year, the vast majority of Sunday services were continuing to take place online. As a result of the government restrictions we quickly adapted to live streaming services from our rented premises at Stayton House. This was a challenge for all involved, but we were encouraged by the engagement of people from many different locations in our online services. From June 2021 we recommenced services in person from our premisses at Overton Grange. This was the first major step in our approach of "re-planting" the Church encouraging members to reengage in person, while services have continued to be streamed simultaneously. As has been experienced by all Churches, the events of Covid has led to a large change in our regular members but the attendance, giving and commitment has remained high.

Our work with kids and youth over the year has also had to adapt to the changing environment. We have held events in person when allowed and offered numerous online activities to keep people connected. As with our regular adult members, we have seen change over the last 12 months, in part driven by Covid restrictions which has resulting is a many joiners and leavers. This has similarly been the case for our kids and youth work.

Small groups remain a vitally important aspect of our Church as smaller groups look to build relationships and share their faith lives together. They have continued to be a vital point of connection and support for people and a place for them to receive pastoral care, access to Christian formation experiences and connection with the broader mission and vision of the church. Our senior pastor Bev Clark continues in the role of Connections Pastor, researching and developing how our church might better integrate new people, and engage them with care, discipleship and opportunities to serve, within our vision and mission. As we have moved out of the pandemic and restrictions have been lifted, we have seen a mix in small groups meeting in person and remotely.

Page 2

SUTTON VINEYARD

TRUSTEES' ANNUAL REPORT continued

Community outreach

Our activities in this area were severely hit by covid restrictions. We continued to serve our community wherever possible, for example we supported a local women's refuge and continued our Lighthouse ministry to provide children's clothes and equipment whenever restrictions allowed. As restrictions have lifted we have recommenced our in person outreach programmes including running an Alpha course in September 2021. In addition, over the last year, hundreds of Hong Kong families have arrived in Sutton under the British National Oversees Visa programme. As a Church we saw this as a significant challenge for those moving their lives to a new country and an opportunity to reach out to these individuals, to welcome them and to provide practical support to those moving into the area. Hannah Miles in her extended role helped lead this outreach programme including heading up the organisation of the first Sutton Friendship Festival. The festival was a chance to celebrate Hong Kong culture and build integration between local residents and newly arrived Hongkongers, attended by over a 1000 people.

National and international mission

Our church not only works to meet needs and care for those locally but nationally and internationally. We continued to focus on the development of and support of our primary international mission partner Aslan, Hope in Sport in Cape Town, that cares for and meets needs for some of the most vulnerable children in that city.

Internationally Jason Clark serves as a board member of the Vineyard Institute, helping lead a review of the training and education of our pastors and leaders around the world. The time spent in this area extends our church's mission into contact and support for hundreds of other churches and pastors, locally, nationally and internationally.

The money needed to finance all these activities doesn’t come from Vineyard churches’ head office, or gifts from rich Christians, or trust funds. It will come, as it always has in the life of the church, from continuing support by our church family, and from those of you reading this report.

The impact of the church (being a body of believers) on the lives of individuals, in particular those living in the local community, has continued to grow and this is the yardstick that has been used to measure success. Due to the Covid restrictions we had to completely change and adapt to what Church looked like and sharing our faith with others. As has been experienced by all Churches and places of worship, this has been a time of uncertainty and many have seen significant changes in regular attendance. We have been encouraged by the continued level of engagement, regular attendance (both online and in person when allowed) and the healthy financial position the Church remains in. As the church has sought to achieve its mission, we have looked to "re-plant" and grow our numbers. As we began to meet in person from June 2021, the number of people participating in small groups and serving in various capacities has grown.

Grant Making

There are a large number of worthwhile local, national and international initiatives that the church cannot undertake directly. The trustees, in conjunction with the church's senior leaders, have identified several projects that they believe the church should support and during the year the church made grants of £86,864 (2021: £74,924) to these projects in furtherance of its charitable objectives. Further information about these grants is given in the notes to the accounts.

Volunteers

Most of the church's activities are undertaken by volunteers who generously donate their time and skills. It is not practical to place a value on these services and, in this respect, no amounts have been included in the Statement of Financial Activities.

Staff Remuneration

Staff salaries are reviewed each year taking into account relevant data on average salary increases in similar industries and careers, the change in the cost of living in the Sutton area and the current financial situation of SVC. Trustees alone make the decision about staff remuneration.

Relationships With Other Organisations

We look to VCUKI to facilitate the sharing of best practice between Vineyard churches.

Page 3

SUTTON VINEYARD

TRUSTEES' ANNUAL REPORT continued

Structure, Governance and Management

The policy and operating decisions of the charity rest with the trustees who meet regularly to monitor the activities of the charity. New trustees are given induction training by existing Trustees, making use of Charity Commission resources, Stewardship guides and internal policy and procedure documents. Regular refresher training is strongly encouraged.

The trustees delegate responsibility for the day-to-day running of the charity's activities to key management personnel. An annual budget is approved by Trustees each year, with non-regular items outside of budgeted amounts that exceed £250 requiring additional trustee approval.

Financial review

During the year income increased by £5,889 to £647,048 and expenditure increased by £66,309 to £591,910. As a result the charity has reported a surplus of £55,139 (2021: £115,558) and the charity's net assets have increased by this amount, to £301,500. Net current assets increased by £77,228 to £287,331; this includes cash of £281,886 of which £211,384 is unrestricted.

This year's increase in income is due to a variety of factors. Income from government grants increased by £17,000, which was largely due to a grant for £30,000 from the Hong Kong Welcome Programme. And income from letting the charity's facilities increased by £12,000. These increases were offset by a reduction of £22,000 in the amount of gift aid receivable by the charity because a greater portion of this year's income did not qualify for gift aid.

As pandemic restrictions eased, the charity could begin to meet in person again and expenditure on most of the charity's activities increased. Expenditure on various church ministries increased by £25,000, expenditure on Sunday services increased by £17,000 (largely hall hire), staff costs increased by £16,000 and an additional £12,000 was spent on grant making (principally to Aslan Hope in Sport). This was offset by a reduction of £4,000 in the amount spent on support and administration.

Reserves policy

During the year free reserves (being the charity's unrestricted, undesignated, net current assets) increased by £46,791, to £202,362. The target for free reserves set by the trustees is £100,000, which, they believe, would be sufficient to allow the charity to (a) continue to operate should budgeted income, or expenditure, vary unexpectedly, (b) go a considerable way towards covering the costs of winding up the charity in the unlikely event that it decides to stop operating and / or to (c) respond to new opportunities to advance the kingdom of God as they arise. The trustees note that the reserves held at the year end exceed the target set and have budgeted to use some of these reserves in the next financial period.

Risks and Uncertainties

The trustees have reviewed the risks to which a small charity operating with few employees is exposed. The trustees and key management meet regularly to identify risks and then take action to mitigate these risks as far as practically possibly. The principal risk faced by the charity is that income (which is almost entirely voluntary) and / or expenditure may vary unexpectedly. To mitigate this risk the charity has accumulated free reserves (see the above reserve policy) and the trustees monitor current levels of income and expenditure so that measures can be taken to address any adverse variances before the charity's free reserves are exhausted.

Plans for the future

Looking ahead the church's principle goals are as follows:

  1. To continue in our "re-plant" of the church as we readjust to in person meetings following covid restrictions.

  2. To recruit a replacement youth pastor.

  3. To develop our relationship with our partner mission of ASLAN

  4. To grow our Children’s ministry around the Orange Philosophy of integration between home and the church for Christian education and formation

  5. To continue to invite and facilitate members into active participation of the mission of the church, by serving, giving, praying and belonging to a small group

  6. To continue to support our wider church movement locally, nationally and internationally

  7. To consider our future staffing needs and whether to employ an associate pastor.

  8. To continue to call and empower our members to invite people into engagement and participation of the experiences and activities of our church.

Page 4

SUTTON VINEYARD

TRUSTEES' ANNUAL REPORT continued

Responsibilities of trustees

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity 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 charity 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

  1. prepare the financial statements on a going concern basis unless it is inappropriate to 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 charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the trustees and signed on their behalf by:

Jonathan Page

---------------------------------------------------------------Jonathan Page - trustee

Date: 21 December 2022

Page 5

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

SUTTON VINEYARD ('the Charity')

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 28 February 2022 on pages 7 to 17 following, which have been prepared on the basis of the accounting policies set out on pages 10 to 11.

Responsibilities and basis of report

As the charity’s trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a Fellow of the Association of Charity Independent Examiners, 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 Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Ajay Rajani

Ajay Rajani FCIE Fellow of the Association of Charity Independent Examiners Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 22 December 2022

Page 6

SUTTON VINEYARD

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 28 FEBRUARY 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other income
Total income and endowments
EXPENDITURE ON:
Charitable activities:
5
Total expenditure
Net income/(expenditure)
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
14		 Unrestricted
Funds
£
553,471
17,028
583
571,082
546,380
546,380
24,702
-
24,702
204,329
229,031		 Restricted
Funds
£
75,966
-
-
75,966
45,530
45,530
30,437
-
30,437
42,032
72,469		 Total
Funds
2022
£
629,437
17,028
583
647,048
591,910
591,910
55,139
-
55,139
246,361
301,500		 Total
Funds
2021
£
637,503
3,656
-
641,159
525,601
525,601
115,558
-
115,558
130,803
246,361

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

All income and expenditure derive from continuing operations.

The notes on pages 10 to 17 form part of these accounts.

Page 7

SUTTON VINEYARD

BALANCE SHEET

AS AT 28 FEBRUARY 2022

Note
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Stock
8
Debtors
9
Cash at bank and in hand
10
CREDITORS: Amounts falling
due within one year
11
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
14
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 Unrestricted
Funds
£
14,169
-
14,313
211,384
225,697
10,835
214,862
229,031
216,531
12,500
-
229,031		 Restricted
Funds
£
-
1,967
-
70,502
72,469
-
72,469
72,469
-
-
72,469
72,469		 Total
Funds
2022
£
14,169
1,967
14,313
281,886
298,166
10,835
287,331
301,500
216,531
12,500
72,469
301,500		 Total
Funds
2021
£
36,258
2,512
9,140
212,679
224,331
14,228
210,103
246,361
191,829
12,500
42,032
246,361

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

Jonathan Page --------------------------------------Jonathan Page - trustee

Date: 21 December 2022

Charity number: 1061363

The notes on pages 10 to 17 form part of these accounts.

Page 8

SUTTON VINEYARD

FOR THE YEAR ENDED 28 FEBRUARY 2022

CASH FLOW STATEMENT

Note
Cash flows from operating activities:
Net cash provided by (used in) operating activities
A
Cash flows from investing activities:
Purchase of property, plant and equipment
Net cash provided by/(used in) investing activities
B
B
Cash and equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Change in cash and equivalents in the reporting period		 2022
£
69,207
-
-
69,207
212,679
281,886		 2021
£
140,323
(5,975)
(5,975)
134,348
78,331
212,679

An Analysis of Changes in Net Debt has not been presented because the charity does not have any borrowings.

Note A: Reconciliation of net income/(expenditure) to net cash flow from operating activities from operating activities
2022 2021
£ £
Net income/(expenditure) for the reporting period (as per the
statement of financial activities) 55,139 115,558
Adjustments for:
Depreciation charges and provisions for impairment 22,089 23,579
(Increase)/decrease in stocks 546 (80)
(Increase)/decrease in debtors (5,173) 5,599
Increase/(decrease) in creditors (3,393) (4,333)
Net cash provided by (used in) operating activities 69,207 140,323
Note B: Analysis of cash and cash equivalents
2022 2021
£ £
Cash at bank with immediate access 281,831 212,655
Petty cash 55 24
Total cash and cash equivalents 281,886 212,679

Page 9

SUTTON VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

1 Statutory Information

Until 6 March 2020 the charity was a charitable company limited by guarantee incorporated in the United Kingdom (company registration number 03319200). On 6 March 2020 the charitable company converted to a charitable incorporated organisation. On conversion the charity adopted a Constitution, which is the charity's new governing document. The charity's registered number and principal office address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

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") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

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

a) Going concern

The trustees 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 and legacies 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.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects.

The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity.

c) Expenditure

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.

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.

Page 10

SUTTON VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

2 Accounting Policies continuing

c) Expenditure continued

The Charities SORP requires charities with income over £500,000 to allocate costs to the various activities undertaken by the charity. The nature of the work of the church is considered to be so integrated that the core charitable activity costs are considered to be for the one activity.

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 £1,000 and the item is expected to benefit the charity over more than one accounting period. The following rates of depreciation are charged:

Leasehold improvements Equipment

Over the lease term or, if shorter, expected useful life generally 50% on cost in first year then 25% on cost in second and third years; if more enduring, straight-line over 5 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) Stocks:

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

g) Leased assets

Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term (unless another systematic basis is more representative of use).

Receipts of lease incentives are spread on a straight-line basis over the term of the lease; at the balance sheet date the amount of the incentive to be allocated to future accounting periods is carried forward as deferred income.

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. Creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive).

k) Critical accounting estimates and areas of judgement

The trustees do not consider that there 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.

3 Donations and legacies

Regular income from donors
Irregular income from donors
Gift aid tax refunds
Clothing and equipment donated for distribution
Government grants:
Hong Kong Welcome Programme
Job Retention Scheme
Business rates		 Unrestricted
Funds
£
362,321
112,617
78,411
-
122
-
553,471		 Restricted
Funds
£
-
37,858
3,037
5,071
30,000
-
-
75,966		 Total
2022
£
362,321
150,475
81,448
5,071
30,000
122
-
629,437		 Total
2021
£
397,243
118,849
103,401
5,304
-
2,706
10,000
637,503

Page 11

SUTTON VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

4 Income from charitable activities

Conferences, events and mission trips
Community outreach programs
Letting of facilities		 Unrestricted
Funds
£
292
629
16,107
17,028		 Restricted
Funds
£
-
-
-
-		 Total
2022
£
292
629
16,107
17,028		 Total
2021
£
-
120
3,536
3,656

5 Charitable expenditure

a
Costs incurred directly on specific activities
Church ministry
Training including attending conferences
Leadership and ministry development
Community outreach
Operating costs for Dolphin Centre
Hong Kong Friendship Festival
Other outreach projects
Newcomers and pastoral care
Worship
Prayer
Youth group and events
Staff costs
Gross salaries
Employer's national insurance contributions
Employer's pension contributions
Manse costs
Travel and subsistence
Staff insurance schemes
Staff training and study
Other volunteer and staff costs
Mission
Grants payable
Donated goods distributed
Sunday services
Hall hire
Equipment
Coffee and catering
Teams and service materials
Welcome
b
Costs incurred on support & administration
Establishment costs
Rent and rates
Depreciation
Property maintenance
Equipment expenses
Professional fees
Office supplies
Cleaning, communications and utilities
Insurance
Marketing
IT, software and website expenses
Governance costs
Independent examiner's fee for
preparing and examining the accounts
Legal and professional fees
Total expenditure		 Unrestricted
Funds
£
6,208
8,140
30,718
4,731
7,955
1,536
1,016
20
10,168
202,047
14,030
16,056
31,038
1,924
6,091
7,516
8,354
49,219
-
18,696
3,259
2,631
1,167
148
432,668
45,535
22,089
1,718
3,689
5,158
1,750
9,680
4,707
1,800
13,986
3,600
-
113,712
546,380		 Restricted
Funds
£
-
-
-
700
520
-
-
-
-
310
-
-
-
-
-
-
-
37,645
5,617
-
738
-
-
-
45,530
-
-
-
-
-
-
-
-
-
-
-
-
-
45,530		 Total
2022
£
6,208
8,140
30,718
5,431
8,475
1,536
1,016
20
10,168
202,357
14,030
16,056
31,038
1,924
6,091
7,516
8,354
86,864
5,617
18,696
3,997
2,631
1,167
148
478,198
45,535
22,089
1,718
3,689
5,158
1,750
9,680
4,707
1,800
13,986
3,600
-
113,712
591,910		 Total
2021
£
372
6,896
26,390
-
4,526
1,595
510
111
6,085
197,939
13,237
14,897
30,417
376
5,280
4,190
4,705
74,924
5,224
4,139
3,505
200
1,826
150
407,494
44,312
23,579
1,681
2,718
4,960
2,686
8,831
5,110
1,223
18,243
3,900
864
118,107
525,601

In addition to the fees payable for the preparation and examination of the accounts, the charity paid £1,290 (2021: £1,134) to Stewardship for payroll bureau and consultancy services.

Page 12

SUTTON VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

5c Grants payable

Grants payable
UK and overseas mission
Community projects
The comparatives for the previous year are as follows:
UK and overseas mission
Community projects
Relief of poverty and hardship
Other purposes
The charity's principal grants to institutions comprised:
Vineyard Churches (UK): to support their general work
Aslan Hope In Sport
Sutton Schoolswork
Sutton Community Works
Home for Good
Kintsugi Hope Church
The Women's Centre
Separate Star
Grants to institutions for less than £1,000 each		 Institutions
£
80,137
6,727
86,864
Institutions
£
65,602
9,200
-
72
74,874		 Individuals
£
-
-
-
Individuals
£
-
-
50
-
-
2022
£
27,500
50,737
1,700
1,700
1,200
1,200
-
-
2,827
86,864		 2022
£
80,137
6,727
86,864
2021
£
65,602
9,200
50
72
74,924
2021
£
28,200
35,452
1,500
2,500
1,200
-
4,000
1,350
672
74,874

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

Gross wages and salaries
Social security
Pension costs
Other employment benefits		 2022
£
202,357
14,030
16,056
6,091
238,534		 2021
£
197,939
13,237
14,897
5,280
231,353

The average monthly number of employees during the year was 10 (2021: 9.5). 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 Charity Information page. During the year key management received employment benefits totalling £165,394 (2021: £170,374).

In addition the charity incurred expenditure totalling £31,038 (2021: £30,417) in respect of the customary provision of accommodation to Jason and Beverley Clark, who are the church's senior leaders and members of key management, so that they could better perform their duties.

No trustees received employment benefits in either the current or preceding year.

Page 13

SUTTON VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

7 Tangible fixed assets

Leasehold
Computer
Improvements
Equipment
£
£
Cost
At 1 March 2021
69,000
12,668
Additions
-
-
At 28 February 2022
69,000
12,668
Accumulated depreciation
At 1 March 2021
47,438
9,678
Charge for the year
17,250
1,495
At 28 February 2022
64,688
11,173
Net book value
At 28 February 2022
4,312
1,495
At 29 February 2021
21,562
2,990
8
Stock
Donated goods held for distribution to beneficiaries
9
Debtors
Tax recoverable
Prepayments and other debtors
10
Cash at Bank and in Hand
Cash at bank with immediate access
Petty cash
11
Creditors: liabilities falling due within one year
Accruals
Deferred income
12
Deferred income
Within one year
After one year
Deferred income comprises the following:
Amount released to income
Balance at the end of the reporting period
The income deferred at the period end will be released to income over the following periods:
In respect of rent free period
Balance at the beginning of the reporting period		 Other
Equipment
£
22,774
-
22,774
11,068
3,344
14,412
8,362
11,706
2022
£
1,967
2022
£
6,200
8,113
14,313
2022
£
281,831
55
281,886
2022
£
4,647
6,188
10,835
2022
£
9,938
(3,750)
6,188
3,750
2,438
6,188		 Total
2022
£
104,442
-
104,442
68,184
22,089
90,273
14,169
36,258
2021
£
2,512
2021
£
6,447
2,693
9,140
2021
£
212,655
24
212,679
2021
£
4,290
9,938
14,228
2021
£
13,688
(3,750)
9,938
3,750
6,188
9,938

Deferred income arises from rent free periods granted in respect of the charity's lease for Stayton House. For accounting purposes the benefit of the rent free period is spread over the term of the lease; this liability does not represent an amount due to a third party.

Page 14

SUTTON VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

13 Pension commitments

During the year employer’s pension contributions totalling £16,056 (2021: £14,897) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2021: £nil).

14 Funds

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

Restricted funds
Hong Kong Welcome Programme
Hong Kong Friendship Festival
Media Equipment
VCUKI: London and regions
Donated clothing and equipment
Aslan project
Lighthouse
Associate pastor
Community
Youth work
Unrestricted funds
Designated funds:
Youth work
General funds
Aggregate of funds		 Opening
balance
2022
£
-
-
-
1,128
2,512
-
1,250
35,079
63
2,000
42,032
12,500
191,829
246,361		 Incoming
resources
2022
£
30,000
700
1,000
-
5,071
39,195
-
-
-
-
75,966
-
571,082
647,048		 Outgoing
resources
2022
£
(311)
(700)
(738)
-
(5,617)
(37,645)
(519)
-
-
-
(45,530)
-
(546,380)
(591,910)		 Transfers
in the year
2022
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2022
£
29,689
-
262
1,128
1,967
1,550
731
35,079
63
2,000
72,469
12,500
216,531
301,500

Analysis of net assets by fund

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

ysis of net assets by fund
assets and liabilities of the various funds were as follows:
Fixed assets
Stock
Debtors
Cash at bank and in hand
Current liabilities		 General
Designated
£
£
14,169
-
-
-
14,313
-
198,884
12,500
(10,835)
-
216,531
12,500
Unrestricted funds		 Restricted
funds
£
-
1,967
-
70,502
-
72,469		 2022
£
14,169
1,967
14,313
281,886
(10,835)
301,500

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

Restricted funds
VCUKI: London and regions
Clothing and equipment
Aslan project
Lighthouse
Associate pastor
Community
Youth work
Unrestricted funds
Designated funds:
Youth work
General funds
Aggregate of funds		 Opening
balance
2021
£
-
2,432
500
-
6,250
-
1,000
10,182
-
120,621
130,803		 Incoming
resources
2021
£
1,128
5,304
19,853
1,250
28,829
1,611
1,000
58,975
12,500
569,684
641,159		 Outgoing
resources
2021
£
-
(5,224)
(20,353)
-
-
(1,548)
-
(27,125)
-
(498,476)
(525,601)		 Transfers
in the year
2021
£
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2021
£
1,128
2,512
-
1,250
35,079
63
2,000
42,032
12,500
191,829
246,361

Page 15

SUTTON VINEYARD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

14 Funds continued

Analysis of net assets by fund

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

ds continued
ysis of net assets by fund
e previous year the assets and liabilities of the various funds were as		 follows:
Fixed assets
Stock
Debtors
Cash at bank and in hand
Current liabilities		 General
Designated
£
£
36,258
-
-
-
9,140
-
160,659
12,500
(14,228)
-
191,829
12,500
Unrestricted funds		 Restricted
funds
£
-
2,512
-
39,520
-
42,032		 2021
£
36,258
2,512
9,140
212,679
(14,228)
246,361

The designated youth work fund was created from a donation that came with a preference that did not amount to a restriction; this fund will be used to help further the charity's ministry amongst teenagers.

The restricted funds referred to above have the following purposes:

Media equipment - was created by donations received to help pay for new audio visual equipment.

VCUKI: London and regions - was created from grants received to support the church's wider work in the London region. Donated clothing and equipment - represents gifts of children's clothing and equipment for onward distribution to the local community.

Aslan project – to support a youth sports mission in South Africa that helps young people through training programmes. Lighthouse - to support a ministry that provides children's clothing and equipment to the local community. Associate pastor - was created from donations received to help employ a new associate pastor.

Community - was created from donations received to, primarily, help support a local women's centre. Youth work - was created from donations received to help fund the church's work with young people.

15 Operating lease commitments

The charity has leases for four properties namely 93 Stayton Road, the Dolphin Centre and for two residential properties occupied by the senior pastors and the youth pastor. The minimum amounts payable in respect of these leases is as follows:

Within one year
Between one and five years
After five years
Payments falling due:		 2022
£
73,550
106,313
5,625
185,488		 2021
£
61,050
62,513
-
123,563

During the year the charity was charged £91,705 (2021: £86,514) for its leases.

16 Transactions with related parties

During the year the charity:

No expenses (2021: £nil) were paid to, or for, the trustees (except for the reimbursement of expenses incurred when acting as agent for the charity).

Except as disclosed in note 6 'Analysis of staff costs', there have been no other transactions with related parties during the year.

Page 16

SUTTON VINEYARD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 28 FEBRUARY 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other income
Total income and endowments
EXPENDITURE ON:
Charitable activities:
5
Total Expenditure
Net income/(expenditure)
Transfers between funds
14
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
14		 General
2022
£
553,471
17,028
583
571,082
546,380
546,380
24,702
-
24,702
191,829
216,531
Unrestric		 Unrestric Designated
2022
£
-
-
-
-
-
-
-
-
12,500
12,500
ted funds		 Restricted
Funds
2022
£
75,966
-
-
75,966
45,530
45,530
30,437
-
30,437
42,032
72,469		 Total
Funds
2022
£
629,437
17,028
583
647,048
591,910
591,910
55,139
-
55,139
246,361
301,500		 General
2021
£
566,028
3,656
-
569,684
498,476
498,476
71,208
-
71,208
120,621
191,829
Unrestric		 Unrestric Designated
2021
£
12,500
-
12,500
-
-
12,500
-
12,500
-
12,500
ted funds		 Restricted
Funds
2021
£
58,975
-
-
58,975
27,125
27,125
31,850
-
31,850
10,182
42,032		 Total
Funds
2021
£
637,503
3,656
-
641,159
525,601
525,601
115,558
-
115,558
130,803
246,361

Page 17