VINEYARD CHRISTIAN FELLOWSHIP OF SALISBLIRY (REGISTERED NUMBER .' 03655580) TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY TRUSTEES, REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 The trustees present their report and accounts for the year ended 310ctober 2023. The accounts have been prepared in accordance wlth the accounting policies set out in the notes to the accounts and comply with the charity's Memorandum and Article5 of Association, the Companies Act 2006 and "Accounting and Reporting by Charities" the Statement of Recommended Practice for charities applying FRS la2. Structure, governance and management The Salisbury Vineyard Church Is a company limited by guarantee and registered under the Companies Act (registration number 36555801. It is a registered charity (number 10724361. The trustees, who are also the directors for the purpose of company law, and who served during the year were.. Mrs K Bastick Mrs J Broughton Mr E Evans Mr D Richter Appointment of Trustees New trustees are appointed when appropriate. Suitable candidates, who are generally selected from within the membership of Salisbury Vineyard, are considered on the hasis of their skills, experience and sympathy with the aims of Salisbury Vineyard. New trustees have the opportunity of reviewing appropriate documents, including accounts, as part of the induction process. Volunteer5 The church relies heavily on a 'volunteer worlrforce,, whether by fulfilling roles and responsibilities to facilitate church activities or in the range of support and services offered to the local community. The value of these volunteers is impossible to quantify and cannot be 8ccurately refletted in these accounts. The trustees would like to record their acknowledgement of, and gratitude for, the time given by so many who make the church and its programs such a success,
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY TRUSTEES, REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 Objectives and activities The objectives of the company are set out in its Memorandum of Association and may be summarised as follows., l. The furtherance of religious or secular public education. 2. The advancement of the Christian faith including missSonary activities in the United Kingdom and overseas and also including, but not limited to, the planting of new churches and organisations of congregations. 3. The relief of the poor and needy. 4. The relief of the sick and elderly. 5. Such other charitable objects and for the benefit of such other charitable bodies and institutions as the Committee shall in their absolute discretion see fit. These remain unchanged from year to year, but the strategy and means for achieving these objectives does change as the church develops. Review of operatlons Salisbury Vineyard continues to fulfil its objectives as outlined below. Throughout this financial year, the Senior Leaders, Edmund (Ed) and Clare Evans, were responsible for the vision, direction and overall mlnlstry of the church. Achievements of 2022123 2023 was a year of healthy growth for the church. Our Sunday gatherings have been well attended and we have a full program for children each week. The teenagers have enjoyed being a part of the adult gathering and meet bi-monthly as well. Our Sunday evening bible study has grown and is currently at capacity. Midweek sm311 groups are engaglng members and also growing. We are pleased to also report that there are now seven micro groups Itriads/quadsl that have organically started within tho church. We see these as key to helping people become disciples of Jesus.
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY TRUSTEES. REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 Achievements of 2022123 (continued} One of the highlights of the year was our teens attendlng a summer festival at the Stafford showground - Dreaming the Impossible IDTII. They all thoroughly enjoyed themselves and felt that their faith was greatly irnpacted by the time away. We were pleased to baptise four of the teenagers in September. Another highlight was our church weekend away. We had a lot of fun together and relationships between people grew. We continue invest in our community. Our care home team hosts bi-monthly acts of worship in one of the local care homes. These are well attended and are enjoyed by residents and staff. Once again we joined with other churches to celebrate Easter E)ay with a sunrise service. Our Immanuel Prayer team led a record number of sessions to people both within and without the church community. This prayer modality is an inner healing tool that helps people overcome past trauma and emotional pain in their lives. Ed & Clare Evans continue to provide oversight to other Vineyard Churches and leaders on the South Coast. Ed Evans has also been involved in leading a Bonhoeffer Project cohort and helping with Acts29 prayer ministry sessions. We have continued to support the work of RUSH in Kenya la ministry to widows. orphans and the disadvantaged). We are pleased to report that investment from previous years Is bearing Considerable fruit. The RUSH school continues to outperform other schools in the region and this year all leavers got high enough grades to go on to higher education which is a huge achievement. This year we were able to fund the drilling of a well to support the work RUSH does with orphans. Members of the Church are involved in the work of Better Futures for Gamblers and we were pleased to be able to support the work of Love After Marriage (Nothing Hidden Ministries, Ul<l and to make a gift to cyclone victims in Malawi. The church has continued to encourage Vineyard Churches in Ukraine with financial gifts. We are also pleased to support the work of Vineyard Churches UK in planting new churches.
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY TRUSTEES, REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 Plans for 2023124 The Senior Leaders (Ed and Clare Evans) and the Leadership Team will set the direction of the church. Ed & Clare continue to work on their own professional development. Pastoral care is largely undertaken by lay members of the church. Ed and Clare provlde ongolng training and support for these leaders. Some of our goals for the Coming year are to grow our Immanuel Pr2yer team and to host a Love Builder Course. We are also looking into the feasibility of sending a team out to Kenya to encourage the work of RUSH there. Our priority continues to be to intentionally foster discipleship within the church. This means encouraging the organic development of triads and quads - micro groups that will encourage one another's spiritual growth. Our hope is that those who are part of these groups will go on to start groups of their own. Salisbury Vlneyard will continue to work with other local agencies and churches for the benefit of the poor and the wider community of Salisbury, We also remain committed to supporting RUSH, Nothing Hidden Ministries and Better Futures for Gamblers. We plan to take an even larger group of teenagers to DTI this summer. Internal controls As part of their ongoing responsibilities the Trustees have assessed the major risks affecting the charity and are continuing to implement and review policies to mitigate those risks. Financial review and reserves During the year income increased by £22,960 to £196,752 and expenditure increased to £202,618 res[ting in a defl¢it of £5,866. Total unrestricted funds at 31 October 2023 were £76,38212022.. £82,248). The trustees continue to monitor funds to ensure at least a three rronth operating reserve is maintained. We are also saving money towards another pastoral staff member at some poi nt.
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY TRUSTEES, REPORT FOR THE YEAR ENDED 31 OCTOBER 2023 Trustees responsibilities The trustees (who are also directors of the charitable company for the purposes of company12wl are responsible for preparing the Trustees, Report lincorporating the directors, reportl and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102.. The Financial Reporting Starbdard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial ststements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, of the charltable company for that period. In preparing these financial statements, the trustees are required to.. select sultable accounting policies and apply them consistently,. observe the methods and principles in the Charities SORP,. make judgements and accounting estimates that are reasonable 3nd prudent,. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and prepare f inancial statements on the going concern basis unless Itls inappropriate to presume that the char5ty wlll contlnue in operation. The trustees are responsible for maintairhing proper accounting records whlch dlsclose 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 aro also responsible for safeguarding the 2ssets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitles. This report has been prepared in accordance with the speci81 provisions relating to small companie5 Within part 15 of the Companies Act 2006, and in accordance with the governing document and the Statement of Recommended Practice 'Accour)ting and Reporting by Charities applylng FRSIO2.' On behalf of the board of trustees on Mrs J Broughton Director
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY I report to the charitable company'5 trustees on my examination of the accounts of the charitable companyfor the year ended 31 October 2023, whlch are set out on pages 7 to 15. Responsibilitles and basis of report As the trustees of the charitable comp8ny18nd also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charitable company's accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 14515llbl of the 2011 Act. Independent examlner's report I have completed my examination. I confirm that no matters have come to my attention in connectlon wlth the examination giving me cause to believe.. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or the accounts do not accord with those accounting records,. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinatlon,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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. J E Harris FCCA 9 April 2024 Knight Goodhead Limited Chartered Accountants 7 Bournemouth Road Chandler's Ford, Eastleigh Hampshire $053 3DA
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY (Company limited by guarantee and not having share capital) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2023 Notes Unrestricted Restricted 2023 2022 INCOME Donations and legacies Investment income 185,276 225 11,080 196,356 225 173,044 25 Other income 171 171 723 TOTAL INCOME 185,672 11,080 196,752 173,792 EXPENDITURE charitable activities 191,538 11,080 202,618 190,099 TOTAL EXPENDITURE 191,538 11,080 202,618 190,099 NET INCOMEI{EXPENDITUREI FOR YEAR 15,8661 15,8661 116,3071 FUND BALANCES BROUGHT FORWARD 82,248 82,248 98,555 FUND BALANCES CARRIED FORWARD 76,382 76,382 82,248 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities and unrestrirted and restricted funds.
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY Icompany limited by guarantee and not having share capit311 REGISTERED NUMBER: 03655580 BALANCE SHEET AT 31 OCTOBER 2023 2023 2022 Notes FIXED ASSETS Intangible assets Tangible asset5 960 1,920 2,219 4,139 1,350 2,310 CURRENT ASSETS Debtors Cash at bank and in hand 4,539 74,634 79,173 3,785 79,343 83,128 CREDITORS.. amounts falling due within one year {5,1011 15,0191 NET CURRENT ASSETS 74,072 78,109 NET ASSETS 76,382 82,248 FUNDS Unrestricted funds 76,382 76,382 82,248 82.248 For the year ended 31 October 2023, the charitable company was entitled to exemption from an audit under section 477 of the Companie5 Act 2006. The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the special provisions of P3rt IS of the Companies Act 2006 relating to small companies, Approved by the Trustees on ands n their behalf by MrE Evans Director
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY (Company limited by guarantee and not having share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023 I ACCOUNTING POLICIES lal Accounting convention The financial statements have been prepared in accordance with Accounting and Reporting by ch3rities'. 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 IFRS 1021, the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 and the Companies Act 2((16. The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accountir¢g policy note. The account5 have been prepared on the going concern basis. Ibl Fund accounting Unrestrlcted funds are available for use at the dlscretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor. Icl Income Income is included in the Statement of Financial Activities when received, together with any associated tax refund. Idl Expenditure Expenditure is recognised on an accrual basis as 3 liability is incurred, It includes any VAT paid. Costs are apportioned in line with the income received from that source during the year. Charltable actlvities expenditure comprlses of those costs incurred by the charity in the delivery of its activities and Services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those cost5 of an indirect nature necessary to support them.
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY (Company limited by guarantee and not havirkg share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023 I ACCOUNTING POLICIES Icontinuedl lel Financial instruments The charitable company only enters into basic flnanclal Instrument transactions that result In the recognition of financlal assets and liabilities like trade and other debtors, cash at bank and creditors. These basic financial instruments are measured at transaction prlce. Financial assets and liabllltles classified as due within ane year are not amortised. If) Intangible assets Intangible fixed assets are stated at cost less amortisation. Amortisation is provided at rates calculated to write off the cost less estlmated residual value of each asset over its expected LE5eful life, as follows- Website development 4 years stralght Ilne Igl Fixed assets Fixed assets are c3Plt31ised for ongoing use within the charltable company, where the individual cost of the a55et exceeds £200. Tangible fixed assets are stated at cost less depreciatlon. Oepreciation is provided at rates calculated to write off the cost less estimated residual val¢Je of each asset over its expected useful life, as follows.. Leasehold property Equipment Motor vehicles 3 years straight line 3 years straight line 2 years stralght line Ihl Pension costs Contributions in respect of the charitable company's defined contribution scheme are charged to the Statement of Financial Activities in the year irk which they are payable to the scheme. Differerkces between contributions payable and contributions actually paid in the year are shown in other creditors at the year end. lil Operating leases Rentals applicable to operating leases are charged to the Statement of Financial Activities over the period in which the cost is incurred. io
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY Icompany limited by guarantee and not having share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023 2 LEGAL STATUS The charitable company is a compariy limited by guarantee and has no Share capital. The charitable company was incorporated on 23 October 1998 in the United Kingdom and was registered on 13 November 1998 wlth the Charity Commission in England and Wales. The registered office af the charltable company is Salisbury Vineyard Church, Lower Offices St Martin's Centre, St. Martin's Church Street, SalisbLEry, Wiltshire, SPI 2HY. 3 DONATIONS AND LEGACIES Unrestrlcted Restrlcted 2023 2022 Glft alded donations Gift aid Non gift aided dorsations 140,038 36,548 8,690 185,276 300 75 10,705 11,080 140,338 36,623 19,395 196,356 130,370 32,008 10,666 173,044 4 STAFF CaSTS Unrestricted Restricted 2023 2022 Wages and salaries social security costs Pension 77,241 1,731 1,747 80,719 77,241 1,731 1,747 80,719 70,964 1,409 1,567 73,940 No employee received emoluments of £60,000 or more during this year or the prlor year. The number of staff employed during the year was 312022.. 31. Total remuneration payments made to key management personnel, including pension contribution costs and rent payments, were £71,71012022.' £66,576). Expenses were reimbursed to two trustees12022.. 11 durlng the year of £2,00212022., £1,219). Expenses were reimbursed to three related parties12022: 31 during the year of £1,13612022.' £1,025I. li
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY Icompany limited by guarantee and not having share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023 S EXPENDITURE Unrestricted Restricted 2023 2022 Direct costs Church giving Evangelism Hospitality Resources 31,344 324 10,797 8,745 51,210 11,080 42,424 324 10,797 8,745 62,290 41,098 814 7,090 10,618 59,620 11,080 Support costs Staff costs Depreciation Amortisation Travel and motor expenses Advertising Rent and rates stationeryi Postage and office supplies Subscriptions Printing and photocopylng Telephone Insurance Sundry Licences CCPAS Bank charges Accountar)cy and independent ex3minatlon 80,719 1,905 960 4,941 588 42,756 1,048 769 590 2,576 952 35 135 363 47 I,944 140,328 80,719 1,905 960 4,941 588 42,756 1,048 769 590 2,576 952 73,940 2.588 960 2,543 629 40,530 1,502 1,167 756 2,021 1,52S 61 220 226 17 1,794 130,479 35 135 363 47 1.944 140,328 TOTAL EXPENDITURE 191,538 11,080 202,618 190,099 12
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY Icompany limited by guarantee and not having share c3Pltall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023 6 INTANGIBLE ASSETS Website COST At beginning of year At end of year 3,840 3,840 DEPRECIATION At beginning of year Charge foryear At end of year 1,920 960 2,880 NET BOOK VALUE At end of year At beginning of year 960 1,920 7 TANGIBLE ASSETS Leasehold property Motor vehicles Plant & machinerv Total COST At beginning of year Additions At end of year 5,374 5,000 32,972 1,036 34,008 43,346 1,036 44,382 5,374 5,000 DEPRECIATION At beginning of year Charge for year At end of year 5,374 5,000 30,753 1,905 32,658 41,127 1,905 43,032 5,374 5,000 NET800KVALUE At end of year At beginning of year 1,350 2,219 1,350 2,219 13
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY (Company Ilmited by guarantee and not havlng share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023 8 DEBTORS 2023 2022 Gift aid recoverable Prepayments Other taxation and social security 3,151 773 615 4,539 2,728 480 577 3,785 9 CREDITORS: amounts falling due within one year 2023 2022 Other taxation and Social security Accruals and deferred income Other creditors 1,861 1,440 1,800 1,660 1.416 1,943 5.019 10 COMMITMENTS UNDER OPERATING LEASES As at 31 October 2023 the charitable company had annual commitments under non-cancellable operating leases as follows: 2023 2022 Expiry date.. Within one year 8,125 7,500 The operating lease relates to the rental agreement for the charity's main premises. 14
VINEYARD CHRISTIAN FELLOWSHIP OF SALISBURY (Company Ilmited bv Euarantee and not having share capitall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2023 11 FUNDS 2022 Income Expenditure 2023 Restricted fund Ukraine Vineyard Churches Rush Communitv 375 10,705 375 10,705 Unrestrlcted fund 82,248 185,672 191,538 76,382 Total funds 82,248 196,752 202,618 76,382 During the course of the financial year the church received a total of £2,605 designated for RUSH'S work with widows and orphans 2nd £375 given specifically for Vineyard Churches in ukraine. These sums were passed on in their entirety in accordance with the donor's wishes. In January 2023 we funded the construction of a well to be used by the RUSH communlty in Kakamega, Kenya from donations received amountlng to £8,100. At the time, they were carir¢g for over 40 orphans and the provision of water on site was a cost saving for them and a great convenience. It also created an income stream - neighbour5 were allowed to draw water at a small cost. The exact sum for the drllllng of the well was given specifically for this project. 11 RELATED PARTYTRANSACTIONS Staff costs Include total remuneration of £38,04012022'. £35,570), Including pension contribution costs, in respect of Mr E Evans, a director and trustee of the charitable company. for his service5 as Senior Pastor of the Church. His remuneration Is determined by the other trustees who are not connected to him, as allowed in the charitable company's Articles of Association. In addition, Mrs C Evans, wife of Mr E Evans, received remuneration of £14,420 12022.. E13,1061 for her services as Senior Pastor of the Church. Mr and Mrs Evans were paid rent of £19,25012022.. £17,900) in line with a rental agreement. 15