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2025-08-31-accounts

Aylesbury Vineyard Church Ltd

Trustees Annual Report and Unaudited Financial Statements

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd

formerly known as Vale of Aylesbury Christian Fellowship

Charity registation - 1064215

Company number - 03424117

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

Contents

Contents
Legal and administrative information 4
Trustees annual report 5
Objects and activities 5
Achievements and performance in 2024/25 5
Plans for 2025/26 7
Financial review 7
Structure, governance and management 7
Statement of Board of Trustees’ responsibilities 8
Independent examiner’s report 11
Statement of financial activities 13
Balance sheet 14
Statement of cash flows 15
Notes to the financial statements 16

Charity number 1064215 Company number 03424117

3

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

Legal and administrative information

Charity name

Aylesbury Vineyard Church - formerly known as Vale of Aylesbury Christian Fellowship

Charity registration no.

1064215

Company registration no.

03424117

Registered office and contact details

The Vineyard Centre Gatehouse Close Aylesbury Buckinghamshire HP19 8DN

Trustees

James Tweats Jacqueline East James Eyre Sheriden Hanson Jonathan Harland Iain Livingstone Helen Medley Laura Michel Samuel Oppong

Chair/Senior Pastor (appointed 3 April 2025) (resigned 3 March 2025) (appointed 3 April 2025)

(resigned 9 December 2024) (appointed 10 April 2025)

Senior Pastor

James Tweats

Principal bank

Lloyds Bank plc. 25 Gresham Street London EC2V 7HN

Independent examiner

Enaid Accountancy Ltd Platform 10 Engine Room Hood Road Barry CF62 5QL

Charity number 1064215 Company number 03424117

4

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

Trustees annual report

The Board of Trustees, who are also Directors of the Charity for the purposes of the Companies Act, and Trustees for charity law purposes, submit their annual report and the financial statements of Aylesbury Vineyard Church Ltd for the year ended 31 August 2025. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, including the Charity Act 2011, as well as the requirements of the Charity’s governing document and the provisions of the ‘Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) second edition (effective 1 January 2020)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.

The Trustees have referred to the Charity Commission’s guidance on public benefit when reviewing the Charity’s objectives and activities, and when planning activities.

Objects and activities

The objectives of Aylesbury Vineyard Church as set forth in our Articles of Association may be summarised as the furtherance of the Christian faith and the compassionate relief of those in need.

We carry out those activities primarily through our activities as a Church (such as the provision of Sunday services) and through our Storehouse arm.

Achievements and performance in 2024/25

Church

In Church terms, we continue to offer two Sunday morning services most weeks of the year, which are identical in content and differ only in their start times (9.30am and 11.30am). Running alongside the services are supervised activities for children aged 12 months and above and youth up to age 18 (‘Vineyard Youth’).

We had 10 homegroups running throughout the year, one of which was still an online group, and some which are daytime. These are supporting those in need through being a church community to one another, learning more about our faith, whilst upholding each other in prayer.

We started a Football Group on Tuesdays from May 2025 which has proved very popular. We also organised several Board Games Evenings, Men’s and Women’s Breakfasts and on New Year’s Day a walk and lunch.

We also ran a couple of Newcomers connect groups for those new to the church which were well attended.

Over this year Church attendance has stayed the same, with some new families joining and some moving on. In Autumn 2024 we ran a Light party for our Primary school aged children and families and in August 2025 we ran some Art Explorer workshops for children aged 6 to 10 years. A group of 20 youth and leaders went to DTI Summer Festival in July. We also began to run some social events to bring us together as a wider community.

Vineyard Vibes (our midweek group for parents/carers and their preschool children) continues to be very popular. Alongside this we started running Wiggle church as a bimonthly event for families with under 6s, on a Saturday morning. This is attended by both church and Vibes families.

In early December we ran a very successful Christmas Tree Festival in aid of the POP therapy project (now known as Treehouse therapy), one of the ministries that has come out of Storehouse.

During the year we continued as members of the Evangelical Alliance and provided both financial support and Senior Pastor involvement to the Aylesbury Church Network.

Work on the Youth Room refurbishment started in the Summer of 2025 using the Thanksgiving Money from May 2024.

Charity number 1064215 Company number 03424117

5

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

Storehouse

Storehouse has continued to operate the food bank whilst providing household goods, baby and child clothing and equipment to those in need, all free of charge, under the Growbaby banner. We also hold school uniform which is now available all year round.

Storehouse continues to open to clients on Tuesdays and Saturdays. Numbers of clients have stayed the same as the previous year because of the increase in demand for food (mainly due to cost of living crisis). Storehouse gave away 4093 food parcels amounting to approximately £184,185 of monetary value of which two thirds of the food in those parcels comes from donated goods.

Over the year we continued to run the Community Advice Hub on Tuesdays, supporting clients with their wider needs, in areas such as job seeking, benefits advice, housing advice and the like, by hosting several partner agencies with whom clients visit prior to the foodbank. Our objective here is not simply to give to people in need but also to provide support to help them out of their current circumstances and rebuild their lives, as much as possible.

On 20th November 2024 we opened HOPE café, which enables the clients of foodbank to have some food and chat whilst waiting for their food parcels. Previously they had to wait outside the building. We are grateful to all those who helped raise the funds to do this. In July 2025, thanks to a further donation from the King Cullimore Trust a pergola, paving and outside seating were added to the HOPE café, enhancing the area for the clients.

As we have done previous, before Christmas 2024 we ran our ‘Reverse advent calendar’ appeal again, to encourage those who are able to give to others. We were also fortunate to receive some donations and grants for Christmas too and were able to give out 140 Christmas Hampers to families in need. For the first time in Christmas 2024 Dunelm held a collection of toys and clothes and donated them to the Storehouse and in December we were able to run a Gift Shop in the HOPE café where many of the Storehouse clients were able to come and choose things for their families. We are very grateful to Dunelm and all those who gave generously, and this has been repeated again this year.

From individuals and local supermarkets, we received about 32 tonnes of food donations throughout 24/25. This continues to be bolstered by grants that Storehouse has been awarded this year which have helped support our charity arm immensely. It is largely down to the generous actions of the companies listed below who have been willing to support us that we have been able to provide so much to so many people in and around our community. Their financial help has been outstanding and for that we are truly grateful. These include:

Charity number 1064215 Company number 03424117

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Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

Until May 2025 we continued to support those in need providing nutritious meals for parents and children each Tuesday which is a council funded project called ‘food cycle’.

As we strive to become more environmentally friendly and our old van had been struggling for some time, in April 2025, thanks to a donation we purchased a 2nd hand electric van.

Plans for 2025/26

Work on the Youth refurbishment should be completed.

Sadly, we have continued to have problems with our roof and ongoing maintenance is becoming untenable. We are looking to raise funds to replace the roof.

We plan to run a new course ‘Illuminate’ in the Spring. An 8 week course exploring questions about Christianity, faith and the meaning of life.

In the summer of 2025 we made the decision to bring some of our ministries under the new banner of Treehouse. These are Vibes, Growbaby, Smile, Treehouse Therapy (formerly POP Therapy Project). We received a grant in early autumn 2025 to create a safe outdoor play area outside the Vineyard Kids/Vibes rooms and with access to a room that we intend to become a Sensory Room. Also under this banner we will be starting Treehouse Teas in February 2026. These will be initially offered to our Storehouse clients and Women’s Aid. We will be offering food and activities for children.

Financial review

During the current year, the Charity incurred a deficit of £41,936 (year ended 31 August 2024: deficit of £14,034), decreasing total reserves at year end to £776,835 (2024: £818,771). The majority of the income for the Charity consists of donations, either regular or one-off, from congregation members. The accounts do show a deficit which was budgeted for as a result of essential premises expenditure.

Of the total reserves at year end, £730,232 were unrestricted as to use (2024: £749,801).

Reserves policy

It is the intention of the Trustees to maintain unrestricted assets not tied up in fixed assets or servicing debt equating to three months ongoing cash expenditure – approximately £131,000. At year end, of the total unrestricted reserves of £730,232, £156,054 (2024: £206,338) related to unrestricted assets not tied up in fixed assets or servicing debt, only slightly above the reserves target.

Structure, governance and management

Governing document

Aylesbury Vineyard Church is registered under the Companies Act 2006 as a company limited by guarantee and not having a share capital.

Aylesbury Vineyard Church is a registered Charity constituted as a limited company under its Memorandum and Articles of Association. The charity registration number is 1064215 (England and Wales) and the company registration number is 03424117 (England and Wales).

Recruitment and appointment of Trustees

The Trustees are also the directors of Aylesbury Vineyard Church for the purpose of company law. The Articles of Association require a minimum of three Trustees and there is no maximum set.

All directors are subject to re-election on an annual basis at the Annual General Meeting, with no maximum length of service. Only the current directors can appoint new directors. New Trustees are inducted through a series of documents and meetings with current Trustees. During the year to 31 August 2025 2 trustees resigned and 3 new trustees were elected. In April 2025 all trustees received some training from an external consultant.

Charity number 1064215 Company number 03424117

7

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

Remuneration policy

The remuneration of the team is set by the Trustees with reference to similar roles within the sector, especially with reference to the wider Vineyard network.

Operational structure

The role of the Senior Pastor is akin to that of a Chief Executive and the role of the Trustees is akin to that of Non-Executive Directors. The Trustees have unfettered access to any financial or other data that they wish to see, independently of the Senior Pastor. Communication with respect to notable events, issues, and expenditures (specifically those which fall outside of budgeted items, involve borrowing or require using Reserves) takes place outside of formal scheduled Trustee Meetings (with a special meeting called where warranted). Trustees occasionally provide management, oversight or support in relation to certain projects, in which they work closely with the relevant staff team member(s), but for the most part the day-to-day activities are run and managed within the staff group. The Church subscribes to the services of NatWest Mentor for documentation, training, and advisory services with respect to Employment Law (HR risk management) and Health and Safety.

Risk management

The key risks identified by the Trustees are financial, reputational and key personnel related.

Assets and liabilities are protected through insurance effected with a specialist church insurer through a specialist insurance broker.

Financial risks are managed through a budgeting process that is engaged in by the Trustees and a budget agreed for the forthcoming calendar year. This provides a basis for periodic reporting of performance against budget in both income and expenditure. From September 2023 the bookkeeping has been done inhouse by the Finance administrator who liaises with a charity specialist accounting firm who have direct access to the Trustees as and where appropriate. Financial performance is reviewed at Trustee meetings. There is a structured approval process for expenditure.

One Trustee is employed and remunerated (the Senior Pastor) and any financial payments to him (specifically, reimbursement of expenses) are approved by an independent Trustee, as are Senior Pastor salaries.

Reputational risk is the potential for negative publicity, public perception, or uncontrollable events to have an adverse impact on our reputation, thereby affecting the size and scope of our operations and revenues. In Church terms, though such events are extremely rare, they attract considerable publicity when they do occur. Mostly, experience suggests that they are to do with sexual or financial impropriety on the part of the senior leader, usually facilitated by an excessive concentration of power for decision-making in that one individual and/or an authoritarian culture. The Trustees are satisfied that such conditions do not exist in the leadership and accountability structure of Aylesbury Vineyard. Factors that contribute to that are a team-leadership model (through an established Pastoral Leadership Team), an open culture in which questions are both welcomed and encouraged, and a transparency in financial affairs. Personal support to the Senior Pastor is provided both within the Pastoral Leadership Team and through relationships within the UK Vineyard movement, specifically through Area Leaders and mentors (‘Overseers’) with whom the Senior Pastor and Team have a close relationship.

The names of the independent Trustees are published on the church website, www.aylesburyvineyard.church and they have a dedicated e-mail address. Data protection measures are in place to ensure the Church is following GDPR. The Church has a safeguarding team and safeguarding policy for children and vulnerable adults, again with a dedicated e-mail address that is published on the website.

The Trustees are confident that other reputational risk events will be able to be professionally managed, should they occur.

Key personnel risks are seen as relatively low. The plurality of leadership and the structured delegation of responsibilities (for overseeing areas of Church and Storehouse) to several people in the staff and volunteer teams should ensure no undue dependency on any one individual.

Statement of Board of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the Trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Charity number 1064215 Company number 03424117

8

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the excess of expenditure over income for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and 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 have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charitable company and to prevent and detect fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition the Trustees confirm that they are happy that content of the annual review and information in pages 5 to 9, along with the legal and administrative information on page 4 of this document meet the requirements of both the Trustees’ Annual Report under charity law and the Directors’ Report under company law.

They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) second edition (effective 1 January 2020).

Information provided to the independent examiner

Each of the persons who is a Trustee at the date of approval of this report confirms that:

This confirmation is given and should be interpreted in accordance with the provisions of section 418 of the Companies Act 2006.

Preparation of the report

This report has been prepared taking advantage of the small companies exemption of section 415A of the Companies Act 2006.

Independent examiners

The independent examiners, Enaid Accountancy Ltd, have indicated their willingness to accept re-appointment under Section 485 of the Companies Act 2006.

This report was approved and authorised for issue by the Board of Trustees on 18 May 2026 and signed on its behalf by:

j tweats

JAMES TWEATS SENIOR PASTOR AND TRUSTEE

Charity number 1064215 Company number 03424117

9

Aylesbury Vineyard Church Ltd Annual report and financial statements Year ended 31 August 2025 wouWOwDLLxÉthMor 10 Charity number 1064215 Cotnpany nurnber 03424117

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

Independent examiner’s report

I report to the Trustees on my examination of the accounts of Aylesbury Vineyard Church Ltd (charity number 1064215, company number 03424117) for the year ended 31 August 2025 which are set out on pages 13 to 28.

Respective responsibilities of Trustees and examiner

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (‘the 2011 Act’) nor under Part 16 of the 2006 Act, and that an independent examination is needed.

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, it is my responsibility to:

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s statement

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

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 the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.

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

Charity number 1064215 Company number 03424117

11

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

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.

ANDREW PHILIP NASH FCA

MEMBER OF THE INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES – 2461833

DATED: 20 MAY 2026

Enaid Accountancy Ltd Platform 10 Engine Room Hood Road Barry CF62 5QL

Charity number 1064215 Company number 03424117

12

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

Statement of financial activities

Incorporating the Income and Expenditure Account & Statement of Realised Gains and Losses For the year ended 31 August 2025

Notes
Income from:
Donations and legacies
3
Charitable activities
Other trading activities
4
Investment activites
Total income
Expenditure on:
Charitable activities
5
Total charitable activities
Total expenditure
Net income/(expenditure)
Transfer between funds
10
Net movement in funds
Reconciliation of funds:
Total funds brought forward
10 & 11
Total funds carried forward
10 & 11		 Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
Year ended
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
31 Aug 2024
£
£
£
£
498,122
99,734
597,856
660,110
1,592
-
1,592
1,069
3,024
5,718
8,742
16,255
5,754
-
5,754
2,578
508,492
105,452
613,944
680,012
528,061
127,819
655,880
694,046
528,061
127,819
655,880
694,046
528,061
127,819
655,880
694,046
(19,569)
(22,367)
(41,936)
(14,034)
-
-
-
-
(19,569)
(22,367)
(41,936)
(14,034)
749,801
68,970
818,771
832,805
730,232
46,603
776,835
818,771

The notes on pages 16 to 28 form part of the financial statements.

Charity number 1064215 Company number 03424117

13

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

Balance sheet

As at 31 August 2025

Notes
Fixed assets:
Tangible assets
7
Current assets:
Debtors
8
Cash at bank and in hand
Total current assets
Current liabilities:
Creditors: amounts falling due
within one year
9
Net current assets/(liabilities)
Creditors: amounts falling due
in greater than one year
9
Net assets
The funds of the charity:
Restricted funds
10 & 11
Unrestricted funds
10 & 11
Total charity funds		 £
14,850
211,521		 Total funds
31 Aug 2025
£
683,408



94,261
(834)

£

11,492
301,015		 Total funds
31 Aug 2024

£
667,564



162,040
(10,833)
226,371
(132,110)		 312,507
(150,467)




776,835 818,771
46,603
730,232		 68,970
749,801
776,835 818,771

The notes on pages 16 to 28 form part of the financial statements.

The financial statements have been prepared in accordance with section 415A of the Companies Act 2006 relating to small companies and FRS 102 Section 1A.

The charitable company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 August 2025, and the members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 August 2025 under section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

They were approved and authorised for issue by the Board of Trustees on 18 May 2026 and signed on their behalf by:

j tweats

JAMES TWEATS SENIOR PASTOR AND TRUSTEE

Charity number 1064215 Company number 03424117

14

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

Statement of cash flows

For year ended 31 August 2025

Cash and cash equivalents consist of:
Cash flows from operating activities:
Net income/(expenditure) for period (as per SOFA)
Adjustments for:
Depreciation charges
Loss/(profit) on disposal/write of of fixed
assets
Finance charges
(Increase)/decrease in gif aid due
(Increase)/decrease in trade and other debtors
(Increase)/decrease in prepayments
Increase/(decrease) in trade and other
creditors
Increase/(decrease) in HMRC payable
Increase/(decrease) in accruals
Net cash used in operating activities
Cash flows from investing activities:
Sale of fixed assets
Purchase of fixed assets
Net cash used in investing activities
Cash flows from financing activities:
Loan repayments
Net cash used in financing activities
Change in cash and cash equivalents in period
Cash and cash equivalents at the beginning of the
period
Cash and cash equivalents at the end of the
period
Cash at bank and in hand		 £
15,757
(1,878)
8,699
(3,467)
(1,776)
1,885
(2,638)
(439)
(412)		 Year ended
31 Aug 2025
£
(41,936)



15,731

£
13,044
-
10,211
6,645
7,280
(390)
2,627
(406)
(1,481)		 Year ended
31 Aug 2024

£
(14,034)






37,530
6,500
(36,224)
-
(5,804)
(26,205)

(29,724)
(33,565)		 23,496

(5,804)
(34,070)
(33,565) (34,070)






(89,494)
301,015		 (16,378)
317,393
211,521 301,015
Year ended
31 Aug 2025
£
211,521		 Year ended
31 Aug 2024
£
301,015
211,521 301,015

The notes on pages 16 to 28 form part of the financial statements.

Charity number 1064215 Company number 03424117

15

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

Notes to the financial statements

1. Accounting policies

Basis of preparation of the financial statements

The financial statements have been prepared in accordance with ‘Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) second edition (effective 1 January 2020)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011.

The effect of any event relating to the year ended 31 August 2025, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 August 2025 and the results for the year ended on that date.

The functional currency of the Charity is sterling and amounts in the financial statements are rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

The financial statements have been prepared on the going concern basis as the Board of Trustees is confident that future reserves and future income is more than sufficient to meet current commitments. There are no material uncertainties that impact this assessment, and the wider economic environment has had no material impact on this assessment.

Legal status

Aylesbury Vineyard Church Ltd is a charitable company registered in England & Wales and meets the definition of a public benefit entity. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member. The registered address is The Vineyard Centre, Gatehouse Close, Aylesbury, Buckinghamshire, HP19 8DN.

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 and which have not been designated for other purposes.

Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The balance and name of each restricted fund is set out in note 10 of the financial statements.

Income

Income is recognised when the Charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.

Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable.

Grant income is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless the grant relates to a future period, in which case it is deferred.

Income from charitable activities and other trading activities is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless it relates to a specific future period or event, in which case it is deferred.

Interest is recorded when it is receivable.

Charity number 1064215 Company number 03424117

16

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

1. Accounting policies (continued from previous page)

Donated goods

Donated goods consist of food items donated to the Charity to be distributed via the Storehouse centre. Items are placed into standard boxes of which the value of the donated element is calculated to be on average £30 (2024: £25). The income is recognised as an item within income from donations and legacies, and the corresponding expenditure is recognised within direct ministry costs. The income and expenditure are recognised on distribution of the boxes to recipients, rather than at the point of donation.

Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.

Indirect costs, including governance costs, which cannot be directly attributed to activities, are fully allocated to charitable activities, as outlined in note 4 of the financial statements.

Irrecoverable VAT is charged against the category of expenditure for which it was incurred.

Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their useful life, on the following basis

Long-term leasehold 0.95% pa Leasehold improvements 1% pa Fixtures & fittings 20% reducing balance Motor vehicles 25% reducing balance Computer equipment 40% reducing balance

Cash at bank and in hand

Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.

Debtors and prepayments

Trade and other debtors are recognised at the settlement amount after any trade discount is applied. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors and accruals

Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably.

Pensions

The Charity operates a defined contribution pension scheme which is administered by an external independent pension provider. Contributions are recognised in the Statement of Financial Activities as they fall due.

Financial instruments

Basic financial instruments are measured at amortised cost other than investments which are measured at fair value.

Charity number 1064215 Company number 03424117

17

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

1. Accounting policies (continued from previous page)

Critical estimates and judgements

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The annual depreciation charge for tangible fixed assets is sensitive to changes in useful economic lives and residual values of assets.

In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

2. Comparative statement of financial activities

Notes
Income from:
Donations and legacies
3
Charitable activities
Other trading activities
4
Investment activites
Total income
Expenditure on:
Charitable activities
5
Total charitable activities
Total expenditure
Net income/(expenditure)
Transfer between funds
10
Net movement in funds
Reconciliation of funds:
Total funds brought forward
10 & 11
Total funds carried forward
10 & 11		 Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
514,578
145,532
660,110
1,069
-
1,069
6,523
9,732
16,255
2,578
-
2,578
524,748
155,264
680,012
526,364
167,682
694,046
526,364
167,682
694,046
526,364
167,682
694,046
(1,616)
(12,418)
(14,034)
-
-
-
(1,616)
(12,418)
(14,034)
751,417
81,388
832,805
749,801
68,970
818,771

Charity number 1064215 Company number 03424117

18

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

3. Income from donations and legacies

Donations and grants
Donated goods
Donations and grants
Donations in kind		 Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
375,332
99,734
475,066
122,790
-
122,790
498,122
99,734
597,856
Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
372,880
145,532
518,412
141,698
-
141,698
514,578
145,532
660,110

Donated goods consist of food items donated to the Charity to be distributed via the Storehouse centre. Items are placed into standard boxes of which roughly two thirds relates to donated goods, of which the value of is calculated to be on average £30 (2024: £25). This was increased this year as it had remained static for a number of years and was no longer deemed to be an accurate reflection of the value to the charity. The income is recognised as an item within income from donations and legacies, and the corresponding expenditure is recognised within direct ministry costs. 4.

4. Income from other trading activities

Rental income
Rental income		 Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
3,024
5,718
8,742
3,024
5,718
8,742
Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
6,523
9,732
16,255
6,523
9,732
16,255

Charity number 1064215 Company number 03424117

19

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

5. Charitable expenditure

Direct ministry costs
Salary costs
Other people costs
Premises costs
Administrative and other costs
Governance costs
Direct ministry costs
Salary costs
Other people costs
Premises costs
Administrative and other costs
Governance costs		 Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
166,700
45,809
212,509
214,493
25,000
239,493
2,067
-
2,067
104,089
49,610
153,699
38,300
7,400
45,700
2,412
-
2,412
528,061
127,819
655,880
Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
191,190
56,214
247,404
205,902
26,000
231,902
1,398
-
1,398
90,814
72,072
162,886
34,684
13,396
48,080
2,376
-
2,376
526,364
167,682
694,046

Direct ministry costs includes £122,790 of donated goods relating to food parcels distributed to beneficiaries (year ended 31 August 2024: £141,698).

Indirect costs, including governance costs, which cannot be directly attributed to activities, are fully allocated to charitable activities.

An analysis of staff costs can be found in note 6.

Included in governance costs are the following expenses:

Independent examination Year ended
Year ended
31 Aug 2025
31 Aug 2024
£
£
2,412
2,376
2,412
2,376

Charity number 1064215 Company number 03424117

20

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

5. Charitable expenditure (continued from previous page)

Included within expenditure are the following costs:

Staf costs
Depreciation - owned assets
Operating leases - ground rent
Gross salaries
Employer's NIC
Employer's pension		 Year ended
Year ended
31 Aug 2025
31 Aug 2024
£
£
15,757
13,044
35,000
35,000
Total
Total
funds
funds
Year ended
Year ended
31 Aug 2025
31 Aug 2024
£
£
223,840
215,821
9,790
10,658
5,863
5,423
239,493
231,902

6. Staf costs

The average headcount during the period was 11 persons (2024: 12 persons).

No employee received employee benefits of more than £60,000 (2024: NIL).

The total employee benefits paid to key management personnel during the year was £48,391 (2024: £47,971).

Charity number 1064215 Company number 03424117

21

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

7. Tangible fixed assets

Cost
At 1 September
2024
Additions in the
period
Disposals in the
period
At 31 August
2025
Accumulated
depreciation
At 1 September
2024
Charge for the
period
Disposals in the
period
At 31 August
2025
Net book value
At 1 September
2024
At 31 August
2025		 Long-term
Leasehold
Fixtures &
Motor
Computer
leasehold improvements
fittings
vehicles
equipment
Total
£
£
£
£
£
£
449,999
276,735
62,581
16,694
11,323
817,332
-
-
-
32,400
3,824
36,224
-
-
-
(16,694)
-
(16,694)
449,999
276,735
62,581
32,400
15,147
836,862
51,124
33,081
44,495
12,071
8,997
149,768
4,290
2,767
3,618
3,375
1,707
15,757
-
-
-
(12,071)
-
(12,071)
55,414
35,848
48,113
3,375
10,704
153,454
398,875
243,654
18,086
4,623
2,326
667,564
394,585
240,887
14,468
29,025
4,443
683,408

The long-term leasehold property acts as security against the bank loan outlined in note 9.

8. Debtors

Trade debtors
Accrued gif aid and other debtors
Prepayments		 Total
Total
31 Aug 2025
31 Aug 2024
£
£
1,776
-
7,815
4,348
5,259
7,144
14,850
11,492

Charity number 1064215 Company number 03424117

22

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

9. Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Bank loan
Bounceback loan
Trade creditors
HMRC control account
Accruals
Pension payable		 Total
Total
31 Aug 2025
31 Aug 2024
£
£
109,230
124,101
10,000
9,997
4,869
7,665
3,013
3,452
4,047
4,459
951
793
132,110
150,467

The bank loan consists of a secured bank loan against the long-term leasehold property presented within note 7 above by means of a fixed charge held by National Westminster Bank plc and is repayable on demand if requested by the bank.

The total outstanding value of the bounceback loan is £10,834 (2024: £20,830), with £10,000 (2024: £9,997) due within one year as above and another £834 (2024: £10,833) due in more than one year.

Charity number 1064215 Company number 03424117

23

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

10. Analysis of charity funds

Unrestricted funds
General funds
Restricted funds
Children's Hub Fund
Christmas hampers
POP Therapy project
Storehouse
Storehouse - Foodbank
Storehouse - Growbaby
Storehouse - café project
Storehouse - shelving
Thanksgiving 2024
Treehouse
Other appeals		 Balance
Income
Expenditure
Transfers
Balance
brought
for the
in the
between
carried
forward
period
period
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
£
£
749,801
508,492
(528,061)
-
730,232
749,801
508,492
(528,061)
-
730,232
1,762
-
-
-
1,762
729
1,000
(1,377)
-
352
7,632
13,461
(7,736)
-
13,357
12,995
21,551
(34,423)
226
349
8,157
47,744
(43,673)
-
12,228
1,171
1,451
(1,645)
-
977
19,035
17,750
(36,559)
(226)
-
1,823
-
(1,057)
-
766
15,525
460
(1,349)
-
14,636
-
2,000
-
-
2,000
141
35
-
-
176
68,970
105,452
(127,819)
-
46,603
818,771
613,944
(655,880)
-
776,835

Children’s Hub Fund

During previous financial years, the Charity secured funding to improve the facilities available for children’s work.

Christmas hampers

These are funds received to support the provision of Christmas hampers to members of the community.

POP Therapy Project/Treehouse Therapy

These are funds to support the POP Therapy Project (now known as Treehouse Therapy).

Storehouse

These are funds to support the general work of Storehouse. During the year £226 (2024: £10,892) was transferred to support the purchase of food for the various Storehouse projects.

Storehouse - Foodbank

These are funds to specifically support the running of the Foodbank within Storehouse.

Charity number 1064215 Company number 03424117

24

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

10. Analysis of charity funds (continued from previous page)

Storehouse - Growbaby

These are funds to support the Growbaby project withing Storehouse.

Storehouse – café project

These are funds to support the refurbishment of the café area within Storehouse in 2024. All works were completed in July 2025 and the remaining £226 was transferred to Storehouse.

Storehouse - shelving

These are funds to support the purchase of new shelving for Storehouse.

Thanksgiving 2024

These are funds raised in May 2024 for the refurbishment of the Youth rooms.

Treehouse

These are funds provided to support the new Treehouse project.

Other appeals

These are funds that have been raised to support a number of smaller appeals supporting members of the community during recent periods.

Charity number 1064215 Company number 03424117

25

Aylesbury Vineyard Church Ltd

Year ended 31 August 2025

Annual report and financial statements

10. Analysis of charity funds (continued from previous page)

Unrestricted funds
General funds
Restricted funds
Children's Hub Fund
Christmas hampers
POP Therapy project
Storehouse
Storehouse - food provision
Storehouse - Foodbank
Storehouse - Growbaby
Storehouse - freezers
Storehouse - café project
Storehouse - shelving
Thanksgiving 2024
Ukraine appeal
Other appeals		 Balance
Income
Expenditure
Transfers
Balance
brought
for the
in the
between
carried
forward
period
period
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
£
£
751,417
524,748
(526,364)
-
749,801
751,417
524,748
(526,364)
-
749,801
2,102
-
(340)
-
1,762
1,765
3,400
(4,436)
-
729
13,224
5,318
(10,910)
-
7,632
36,975
23,430
(36,529)
(10,881)
12,995
1,828
-
(12,720)
10,892
-
6,686
29,128
(30,649)
2,992
8,157
5,983
483
(5,295)
-
1,171
11
-
-
(11)
-
1,130
77,516
(59,611)
-
19,035
2,173
-
(350)
-
1,823
-
15,844
(319)
-
15,525
9,511
-
(6,519)
(2,992)
-
-
145
(4)
-
141
81,388
155,264
(167,682)
-
68,970
832,805
680,012
(694,046)
-
818,771

Storehouse – food provision

These are funds to support the purchase of additional food to complement the donated food as the amount of food being donated has decreased in recents years as shown by the decrease in donated goods in note 3.

Storehouse - freezers

These were funds to support the purchase of new freezers for Storehouse in the previous year. The remaining balance of £11 was transferred to general Storehouse funds at year end.

Ukraine appeal

This was funding received in previous years to support the work with Ukranian families. The balance at year end of £2,992 was transferred to the Foodbank as the ongoing support is now focused within this area.

Charity number 1064215 Company number 03424117

26

Year ended 31 August 2025

Aylesbury Vineyard Church Ltd Annual report and financial statements

11. Analysis of net assets

Fixed assets
Current assets
Current liabilites
Non-current liabilities
Fixed assets
Current assets
Current liabilites
Non-current liabilities		 Unrestricted
Restricted
Total
funds
funds
funds
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
683,408
-
683,408
179,768
46,603
226,371
(132,110)
-
(132,110)
(834)
-
(834)
730,232
46,603
776,835
Unrestricted
Restricted
Total
funds
funds
funds
31 Aug 2024
31 Aug 2024
31 Aug 2024
£
£
£
667,564
-
667,564
243,537
68,970
312,507
(150,467)
-
(150,467)
(10,833)
-
(10,833)
749,801
68,970
818,771

12. Analysis of net debt

Cash at bank and in hand
Bank loans due within one year
Bank loans due within more than one year
Cash at bank and in hand
Bank loans due within one year
Bank loans due within more than one year		 At
At
1 September
Cash
Other
31 August
2024
movements
movements
2025
£
£
£
£
301,015
(89,494)
-
211,521
(134,097)
33,565
(18,698)
(119,230)
(20,834)
-
9,999
(10,835)
146,084
(55,929)
(8,699)
81,456
At
At
1 September
Cash
Other
31 August
2023
movements
movements
2024
£
£
£
£
317,393
(16,378)
-
301,015
(147,957)
34,070
(20,211)
(134,098)
(20,833)
-
10,000
(10,833)
148,603
17,692
(10,211)
156,084

Charity number 1064215 Company number 03424117

27

Aylesbury Vineyard Church Ltd Annual report and financial statements

Year ended 31 August 2025

13. Trustee remuneration

During the current year, one Trustee, J Tweats received total remuneration of £48,391 (2024: £47,971), as permitted under clause 4 of the Memorandum of Association.

The individuals were not involved in any conversations related to their remuneration nor approves any payments related to this remuneration.

No members of the Board of Trustees received reimbursement of expenses (2024: £NIL).

14. Related party transactions

Total donations from the trustees amounted to £30,784 (2024: £10,593).

Charity number 1064215 Company number 03424117

28

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