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← West Suffolk Vineyard Church

2025-03-31-accounts

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West Suffolk Vineyard Church
Report and
Accounts
year ended 31 March 2025
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WEST SUFFOLK VINEYARD CHURCH

FOR THE YEAR ENDED 31 MARCH 2025

COMPANY INFORMATION

Directors/Trustees

Directors/Trustees M R Williams L A Williams M R Allum (appointed 1 January 2025) K E Pearce (appointed 1 January 2025) A Steventon (resigned 31 December 2024) C D Walling D Willcox (resigned 8 October 2025) S R Young Senior Pastors M R & L A Williams Governing Document Memorandum and Articles of Association 13 September 2000 as amended October 2005 revised 12 October 2024 Company Registration Number 4071129 Charity Registration Number 1082858 Registered Office The Vineyard Centre and Principal Address 28 Northern Way Bury St Edmunds, IP32 6NL Independent Examiner Lisa Darby FCA Stewardship 1 Lambs Passage London EC1Y 8AB Bankers TSB Bank

Bankers

CONTENTS

CONTENTS
Page
Company Information 1
Directors Report 2-16
Independent Examiner's Report 17
Statement of Financial Activities 18
Balance Sheet 19
Notes to the Accounts 20-33

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Trustees’ Report for the year ended 31st March 2025 (incorporating Directors’ Report)

The trustees present their report and accounts for the year ended 31 March 2025.

The Board of Trustees are satisfied with the performance of the charity during the year and consider that the charity is in a reasonable position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.

Introduction

West Suffolk Vineyard Church was established in 2000 to ‘Extend the Kingdom of God’ in Bury St Edmunds, around West Suffolk, the UK and the rest of the world. We are a dynamic, creative, contemporary, welcoming, inviting, biblically based church that equips and mobilises people to be disciples. We work together with other churches at home and internationally across all cultures and we are active in church planting.

Our Mission

To know Jesus and to make him known,

as we worship God, love others and serve the world, empowered by the Holy Spirit.

Review of 2024-25

In the year to 31 March 2025, West Suffolk Vineyard Church has a full range of activities and mission of the church continues to expand, this includes attended services, which are augmented by live online broadcast.

With the move to on-line meetings during the previous years some groups have maintained this form of meetings and many of the groups have returned to meeting in person.

The church is growing numerically with new people becoming part of the church.

- Our Finances

The income of the church is in line with expectations, with unrestricted income increasing from £278,505 in 2023/24 to £283,429 in 2024/25.

In addition, during the year the church received restricted income of £88,474 (2024: £94,878) as detailed in note 15 towards the further enhancement of our property, other projects, and donations for the church’s food bank (‘Storehouse’) including donated goods valued at £43,820 (2024: £45,449).

Our Storehouse ministry continues at levels close to the demand experienced during the pandemic supported by donations of monies, food and goods. In addition, the church has received items that are deemed by supermarkets to be food waste (unsold bread, cakes, fruit and vegetables) during the year which it has distributed with its traditional food bags.

During 2024/25, Storehouse has given out 45.595 tonnes (2024: 43.188 tonnes) of food, cleaning products, toiletries and pet food of which 7.857 tonnes (2024: 6.710 tonnes) was treated as being food waste. Where Storehouse had surplus bread and cakes at the end of the day it was donated to local schools and factories.

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In addition, since the year end supplies of food, cleaning products and toiletries available from the County Council has significantly reduced and the future supply remains uncertain.

Storehouse is therefore required to purchase far greater amounts of food to meet demand and unfortunately the monies available for such purchases is diminishing and a review of the activities may be required in future years.

Expenditure is also in line with expectations, with unrestricted expenditure being £290,395 (2024: £261,063).

In addition, the church spent £76,599 (2024: £81,377) from restricted funds as detailed in note 15.

Whilst the Trustees consider that finances will be tight in 2025/26, however as the church grows, it is hoped that income of the church will grow in future years as new people join the church with its increased presence within the area. However, this may be forestalled by the current cost of living issues in society at this time. The church is experiencing increasing costs to meet the ongoing mission of the church and rising interest rates.

As part of the funding requirement for the redevelopment project the church raised a 25-year mortgage from Methodist Chapel Aid Limited (MCA) of £300,000 which was drawn during 2019/20 to complete the construction work. As at 31 March 2025 £217,500 remained outstanding.

The church ended the year with a slightly stronger financial position. Unrestricted general funds increased by £31,377 to £187,486 with the designated building investment reserve being £1,299,869 and restricted funds being £57,326. At the end of the year the church held cash of £167,547 in unrestricted funds (this cash is available to meet the church’s day to day expenses) and cash of £51,636 in restricted funds.

- Our Attendance

Sunday morning services were held 51 weeks of the year. Exact numbers of those participating in services broadcasted on-line is not an exact science, WSVC showed a steady number of those participating.

2024/25

2024/25
Period In person On-line -
Sunday		 On-line –
Other		 Total
April – June 2024 143 18 158 319
July– September 2024 133 16 133 282
October – December 2024 143 21 177 341
January– March 2025 155 18 190 363

2023/24

2023/24
Period In person On-line -
Sunday		 On-line –
Other		 Total
April – June 2023 135 21 164 320
July– September 2023 130 21 163 314
October – December 2023 135 24 168 327
January– March 2024 147 21 150 318

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On-line attendance is recorded as 1.8 people per view.

Kidzone groups have an average of 35 children attending each week.

Mid-week small groups run either in person with others continuing to run online.

We offer adult baptism for new believers and those who have not been baptised as adults. This year we baptised 8 people.

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Compassion Ministries

In the reporting period our food bank (Storehouse) has reached many people through the provision of 45.595 tonnes (2024: 43.188) tonnes of food, cleaning products, toiletries and pet food. Our food bank is stocked through the generosity of members and supporters of the church from within our community and from gifts of food from Community Action Suffolk, retailers and Fareshare.

A number of young mothers have received baby baskets.

Over the year we have given to people in need e.g. supermarket vouchers, furniture, clothing, home appliances, and financial help with many domestic and living needs for people of low income, out of work, with disabilities or other similar needs as requested by their support agencies. All of this is achieved by working closely with the many local community support agencies in and around Bury St Edmunds and West Suffolk including St Edmundsbury Council and Suffolk County Council.

People from the church are involved in a number of cross-church initiatives.

- Expansion Plans

We are growing numerically and in the number of ministries.

- International Missions

We continue to support Santa Anita Vineyard church and other Vineyard churches in Peru through exchange visits of senior leaders.

- Future Plans

We will continue with our core objectives and activities within the human, physical and financial resources available. We aim to grow the number of regular worshippers and those attending our small groups; we also aim to increase the range and diversity of those small groups.

We aim to increase the impact of our Compassion ministries by working more closely with local agencies and measure that impact with the clients and supporting agencies. We also aim to increase the number and involvement of volunteers to improve our impact and to respond to emerging needs.

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STRUCTURE, GOVERNANCE AND MANAGEMENT

- Nature of the Governing Document and constitution of the charity

West Suffolk Vineyard Church (WSVC) is a charitable company limited by guarantee. The governing document of the charity is made up of the Articles of Association and Memorandum of Association and in its affiliation to the Association of Vineyard Churches UK and Ireland (VCUKI).

- The methods adopted for the recruitment and appointment of new trustees

Each Trustee of West Suffolk Vineyard may nominate potential new trustees for the Trustee Board for them consider and vote on. Trustees normally serve for an initial period of three years and may serve for a further period, if they are agreeable and are invited to do so. As the church has grown, we have recognised the need both to hold on to experienced Trustees and to encourage those who are able to offer relevant experience to join the Trustee Board. The balance between experience and fresh input is acknowledged by all trustees and kept under review by the Senior Pastor.

- The policies and procedures adopted for the induction and training of new trustees

When any new trustee is appointed, the Trustee Board go through an induction together entitled ‘Trustees Overview’. This enables the whole Trustee Board to spend time on a regular basis reviewing both their role and the relationships internally within WSVC and externally with VCUKI. Training has to date been offered nationally by Vineyard Churches at their annual National Leadership Conference and also on more specific occasions when trustees have been drawn together to consider the implications of new legislation and Charity Commission guidance and rules. The trustees also attend training events run by other organisations.

- The organisational structure of the charity and how decisions are made

The organisational structure of WSVC is provided by:

1. The Senior Pastors

The Senior Pastors are responsible for the oversight, direction and vision of the church. Decisions are made in consultation with the staff and leaders, operating in their various functions, and with the support of all the church’s leaders. They receive oversight in their role externally through the oversight system and regional structure arranged by VCUKI.

2. The Pastoral Staff of the Church

The salaried Pastoral Staff work together with non-salaried pastoral assistants to resource the work of the church in its ministry and to assist with the provision of pastoral care to those who attend the church.

3. The Trustees & Directors

The Trustees/Directors give advice and counsel to the Senior Pastors in the financial, legal, administrative and governance life of the church as well as fulfilling their legal responsibilities for the proper administration of the Company and Charity. Decisions are reached by discussion and agreement and are recorded in the minutes and reports kept by the charity.

  1. Cluster Pastors, Cluster Leaders and Small Group Facilitators of the church

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Pastoral care of the church is the responsibility of the Senior Pastors and through them, the pastoral staff team, the Cluster Pastors, the Cluster Leaders and the Small Group Facilitators who oversee the Small Groups with their Small Group Teams. Decisions relating to the pastoral care of those who attend are made in consultation with the Cluster Leaders with whom the Facilitators meet regularly, and with the Cluster Pastors and the Senior Pastors when necessary.

5. The Ministry Developers and Co-ordinators of the church

Ministry Developers work across the church structure, enabling all people-groups to be involved in their area of ministry. At the end of the reporting year, Ministry Developers were working in the following Areas:

Worship Outreach Family Life Small Groups Compassion

Ministry Co-ordinators work with their pastoral ‘staff link’ in running the ministries of the church in collaboration with their ministry teams. At the end of the reporting year, Ministry Coordinators were overseeing the following Ministry Areas:

Sunday Morning ministry teams Sunday Morning Kidzone teams Worship teams Compassion teams 20s & 30s ministry Youth Groups

6. Church Staff

Various Pastoral Staff personnel make decisions, acting within their area of ministry or administrative oversight with regular oversight meetings with the Senior Pastors or other staff overseers.

- Membership of a wider network

West Suffolk Vineyard is a Christian Church. It is a member of the Association of Vineyard Churches, UK & Ireland (VCUKI) from whom it receives pastoral oversight and training. More locally, it is part of VCUKI: East Anglia Area and VCUKI: Central & East Region.

- Relationships with other groups, charities and individuals

WSVC is a member of ‘Churches Together in Bury St Edmunds & District’ – an ecumenical group. Membership is by annual subscription. The Senior Pastors and Associate Pastors also attend various inter-denominational clergy meetings that are organised in Bury St Edmunds.

- The major risks to which the charity is exposed and reviews and systems to mitigate risks

WSVC has undertaken a full Risk Assessment, and this is reviewed regularly as circumstances change and at every Annual General Meeting. This policy is under constant review and updated as necessary. All individual events that are organised by WSVC are preceded by an individual risk assessment, which is recorded for future reference.

OBJECTIVES AND ACTIVITIES OF THE CHARITY

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The furtherance of religious or secular public education.

The advancement of the Christian faith including missionary activities in the UK and overseas - including but not limited to the planting of new churches and organisation of new congregations.

The relief of the poor and needy.

The relief of the sick and elderly.

Such other charitable objects and for the benefit of such other charitable bodies and institutions as the trustees shall in their absolute discretion see fit. (e.g. overseas aid and famine relief.)

- The Charity’s aims including the change or differences it seeks to make through its activities

The aim of West Suffolk Vineyard Church is to extend the Kingdom of God by drawing people into a relationship with Jesus Christ through its activities.

We aim through our Sunday celebrations, mid-week small groups, training events and other activities to allow people to know Jesus and then to make Jesus known, bringing adults, young people and children into a greater spiritual, intellectual and moral awareness and so to advance the practical application of Christianity in our community and beyond.

We seek both to mobilise the people of God and to express the love of God to those within and outside our congregation through all our church activities.

We seek to express the love of God especially through our Compassion Ministries (Storehouse, New Mum & Baby Baskets) by relieving poverty and hardship through direct giving of financial grants, food, clothing, furniture and white goods to those referred to us through Social Care Services and other professional organizations and agencies. Other charitable help may also be offered more directly where a need is ascertained, and the resources are available. It is also recognised that our resources are limited, and grants tend to be small and applied for short term and emergency assistance only.

We expect to see people’s lives changed for the better as they experience God’s help in their daily lives and through the companionship and practical help of others in our supportive groups and gatherings. We also expect to see a growth in individual accountability where people are encouraged to take responsibility for their own lives in a non-parental but supportive environment.

We expect people to be better equipped in life skills through our training and education; to see marriages and parenting skills strengthened amongst all those whom we encounter both within and outside the church fellowship. We dedicate time and resources to helping people who are in debt become debt-free; we train people in money management skills; and we run Job Club courses to help people gain employment. We are committed to assisting those who have been divorced or separated to recover from that experience and to regain relational confidence through training and support. Where possible we wish to reaffirm God’s love for all of us through the remarriage of those who have been divorced whilst still upholding the permanence of the marriage relationship.

We expect beneficial change to result in the lives of those both within and outside our congregation who receive practical or monetary help or gifts of food and clothing, and in the lives of those who receive help from gifts made to overseas aid and missions.

We expect to plant new churches as we identify and develop new pastors for those churches.

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- An explanation of the charity’s main objectives for the year

Our main objectives this year have been:

To keep growing the number of people directly and indirectly influenced by the church both in terms of the size of our Sunday morning congregation and through our other mid-week activities.

To increase the number of people volunteering to work on our ministry teams on Sundays and midweek.

To make full use of our venues (The Vineyard Centre).

To increase the number of pastoral and admin staff, (paid and volunteer), to facilitate future growth.

To increase the size of our voluntary leadership team to facilitate the future expansion of ministry, with a focus on missions, outreach and worship.

To increase the financial base of the church, to support present activity more securely and to facilitate future growth.

To continue to alleviate hardship and poverty through our compassion ministries.

To continue to work towards the planting of new churches through the identification, training and release of new church planters.

To continue developing our overseas missions partnership with Santa Anita Vineyard, in Lima, Peru. To help them in their own development, outreach and compassion work and to facilitate increased relationship through the encouragement of relational and training links with Vineyard churches across the Andean Region.

- An explanation of the Charity’s strategies for achieving its stated objectives

WSVC has a vision for outreach that involves every person in the church. Through our small group structure and through our training programmes we seek to help all those who belong to the church to reach out to their local community in friendship and blessing. Our strategy is for those in the church to be so inspired by their personal experience of Jesus and the church working as it should, that they will invite those who do not yet attend. Our Sunday Celebrations have been designed to help gather people both to the church and to the Kingdom of God. We also run various outreach events, giving an alternative space for people not currently connected with the church to come to.

As we expand our church ministries there are new opportunities for those in the church to join ministry teams both on Sundays and midweek.

By careful planning of our preaching series and training programmes throughout the year, we seek to offer a broad and balanced programme in which the congregation of the church can access the teaching of the Bible and seek its practical application for their daily life.

By increasing the income of the church, we hope to be able to employ both more part time and fulltime staff to facilitate further growth and development of ministries and in turn the release of more volunteers. This will go alongside the expansion of our volunteer staff team.

Regular talks on financial management of our personal finances are incorporated into our Sunday preaching series each year. Financial information and equipping is also offered at our leaders’

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meetings and financial information as well as biblical guidelines for giving is circulated to those in the church in both written and recorded formats. Those with specialist knowledge are available to encourage and facilitate both individuals and groups in generous financial giving which we believe at WSVC is one of the foundations of the Christian life. On occasions, special money management workshops are held to assist people in managing their money effectively and to reduce their debt level.

The establishment of our Compassion Ministries is designed to help WSVC alleviate hardship and poverty and to further extend our effectiveness in reaching out to the poor and needy in cooperation with Social Services and other agencies with which we have a developing relationship.

These are listed below:

Sunday Morning Celebrations - gathering the church and visitors together each week

Sunday Support Ministries - teams that create the public church experience on Sundays

Various outreach and social activities - to bring people into a relationship with Jesus

Kidzone - our educational work with children each week

Kinship Groups - pastoral mid-weekly meetings in homes and at the Vineyard Centre

Training Groups - for those wishing to study the Bible or develop specific areas

Vineyard Essentials – leadership training and theological courses running across the year

Youth Ministry - mid-week youth groups and youth activities on Sundays

National Conferences & Summer Camps - encouraging those of all ages to attend nationally organised events

Church Training Days - providing regular and topical training in different ministry areas

Small Ministry Team Programme - providing more intensive ‘hands on’ prayer ministry for those in spiritual need and within our Kinship structure

Prayer Ministry - intercession and a ‘prayer chain’ for those in the church and in the wider community, as well as other prayer events

Family Life Programme - providing life skills and personal development courses to those in different life stage groups; organising marriage, parenting and CAP (Christians Against Poverty) money-coaching and job-seeking courses

Missions - giving people opportunities to be more involved in our Missions link with Vineyard churches in Peru

Compassion ministries:

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The Charity’s grant making policies

WSVC has a general policy agreed by the Trustees that a minimum of 10% of the church’s general income should be expended on work outside the immediate benefit of the church. This includes support for compassion ministries, church planting and other mission and church developmental work. It includes a 5% gift to VCUKI each year for wider national church development, church planting and missions and this year it also included:

Food is collected directly from the Sunday congregation at our Storehouse Collection Point and given away during the week. We also receive food for the poor from other local churches, organisations, retailers and individuals. In addition to this, we receive harvest and Christmas gifts from local schools and churches.

Direct financial grants made are normally small and made locally through the recommendation of Social Care Services and other agencies. On occasion, grants are made for specific or significant needs that fall outside this process.

The contribution of volunteers

Volunteers serve in all areas of the church’s life. WSVC depends upon its volunteers for its work and ministry. Many people were serving as volunteers in some aspect of the church’s ministry at the end of this reporting year, which was 50% of the number of adults in the church on that date.

The main activities that have been organised this year to further the objects of the charity have been focused on the gathering, mobilising and empowering of people coming to the church and through spiritual nurture, education and training. The object of this is to enable them to live out the Christian life, both for their benefit and the wider public benefit of others in West Suffolk, in the UK and overseas.

ACHIEVEMENTS AND PERFORMANCE OF THE CHARITY

Our attendance figures for the year are shown on page 3.

Sunday attendance of adults in the year to 31 March 2025 was through in person services, augmented by live on line services.

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Small group attendance was maintained in the year to 31 March 2025 was also through in person sessions, augmented by live on line.

b) Church activities

i. Education & Training

We sent representatives to various area, regional, national and international training events in this reporting year.

Internally at WSVC, we provided training opportunities in the following areas over the course of the year:

Regular leaders’ meetings, cluster leaders’ evenings, youth leaders’ meetings, preaching team training, newcomer evenings, training for emerging leaders and other leadership training opportunities, were also held as scheduled throughout the year to enable our leaders to become more skilled in pastoral care and oversight, to be equipped as preachers and to be better informed about the life of the church. Our training opportunities as listed above, together with our training small groups and weekly children and youth ministries, are the major means by which we seek to fulfil our educational objectives as a church.

ii. Sunday Support Ministries

In this reporting year, we continued to run our Sunday Support Ministry teams of volunteers who help to create the public church experience on Sundays, providing a warm welcome to those who attend church celebrations. Those who lead these teams are part of our group of leaders and are therefore included in the leaders’ training above.

iii. Children’s Events

Our Kidzone programme has continued to bring high quality teaching and activities to our children through our age-banded groups on Sunday mornings. We continued this year to see a healthy number of children attending. We see the regular weekly provision of teaching at Kidzone as one of the major contributing factors in fulfilling WSVC’s educational provision for children and young people and this remains one of the key objectives of WSVC.

Children’s events during the year would normally include:

vii Overseas Missions

The church continues to develop its overseas missions and church-planting activities through relationship with Vineyard churches in Peru.

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vii Compassion Ministries

Other churches, schools, retailers and organisations collect food for us through the year - especially at harvest festival times. We are grateful for these partners as we seek to make a difference in the lives of those living in poverty in our local community.

We have also had the opportunity to talk about Storehouse at several events, including church meetings and school assemblies.

The church also gives away its Carol Service offering each year. This year around £806 was donated to St Nicholas Hospice in Bury St Edmunds.

This ministry provides baskets for needy new mothers and in this reporting year we have given away many baskets to clients recommended to us by Social Care Services as well as by members of WSVC.

The Storehouse ministry together with the other branches of our compassion ministry (Helping Hands and New Mum & Baby Baskets) is one of the major ways in which WSVC fulfils its objective to alleviate poverty in our local community.

vi. Church Planting

We are continuing to identify potential church planters.

vii Family Life Ministry

The training we are able to offer includes courses with leaders trained by CAP (Christians Against Poverty).

All such courses are offered to those both within and outside of our church.

viii. Small Groups and Kinship Groups

Kinship Groups are relational groups that meet generally in people’s homes on a weekly basis. Our Kinships provide one of the key structures of the church, which enable pastoral care to be delegated to a large number of Kinship Facilitators.

ix. Small Ministry Team Programme

Our SMT Programme allows those who apply from within the church to receive a series of up to six weekly prayer sessions from trained prayer ministers. In this reporting year, we held training events for the team members.

x. Prayer Ministry

Our Prayer Ministry is offered through the work of our Prayer Co-ordinator. Various groups meet across each week or month to pray for specific ministry areas and needs.

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Our ‘prayer chain’ operates for the immediate needs of those in the church but also for many individuals from the wider local community and around the world who have requested prayer support from us.

A group of people regularly pray for those in need who have asked for prayer and prayer Cards are sent out regularly to encourage those being prayed for by WSVC.

- Factors relevant to the achievement of the Charity’s objectives

The key factors in this reporting year that have helped us fulfil our objectives have been:

Summary of the achievements of the charity during the year

We ran services both in person and on-line for 51 weeks of the year.

We ran growing numbers of kinship groups, training groups, prayer groups and social groups both in person and on-line during the year.

We have seen 8 people baptised.

We have expanded the different ways in which we help to assist people in life skills.

We continue to develop our Missions link with Vineyard churches in Peru.

Employment of disabled persons

WSVC is committed to helping the employment of disabled people. We have no such staff employed at present.

FINANCIAL REVIEW

- Fundraising Activities

The church relies upon the gifts of those who attend for its income. We do not hold fund raising events but ask those who are part of the church to give financially towards the ministry of the church.

The trustees continued to be cautious in their financial planning for 2025-26 and 2026-2027.

- Policy on reserves

A reserve of three months usual expenditure (being a minimum of £75,000 in cash and is set aside in a separate contingency reserve) has been agreed by the trustees. This reserves policy is justified by the need to maintain operating procedures following any sudden or unexpected drop in income whilst not building up inappropriate reserves which would bring the church into disrepute. At the

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year-end the charity held cash of £167,548 in unrestricted funds and the charity is complying with its reserves policy

The trustees continue to be mindful of the effects of the recent financial recession on our budget projections and in planning, will seek to continue to maintain appropriate reserves to allow for expected future fluctuations in income.

The financial donations of the congregation have continued to allow the church to provide venues for its spiritual activities, education, training and the relief of the poor, needy, sick and elderly, locally and overseas, and to administer all the activities as outlined above, through the pastoral staff team.

The trustees seek to invest funds in savings accounts that are secure, easily accessible and give a good rate of interest whilst not compromising our statements of faith. They review this appropriately at regular intervals.

Availability and adequacy of assets of each of the funds

The Trustee Board is satisfied that the charity’s assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

The financial statements follow this report.

As a Christian Church, we intend to continue to reach out to the population in West Suffolk with the gospel of Jesus Christ.

We expect that our Sunday morning congregation in Bury St Edmunds will grow in the future. For this to happen we monitor regularly the capacity of our Sunday venue and to seek to use it to maximum advantage maintaining 20% space for new growth. If necessary, we will increase the number of services held over the weekend to increase capacity. In addition, even once the effects of the pandemic begin to subside all Sunday morning services will continue to be broadcast live on-line.

We will continue to work in surrounding communities through our Kinship Groups and to develop ministries in these communities where we feel able to do so. We successfully rejuvenated our Small Group structure in September 2013 by moving to a three-term semester system which re-engages previous leaders, encourages new church attendees to sign up for the ‘three terms’ of small groups, and provides a regular focus for the small group system throughout the year. The new training and social interest groups have engaged more participants in a wider variety of groups and freed up our annual calendar by incorporating most of the training into the small group system. We expect this structure to continue to develop in the future and provide the variety of groups that allows more people, and a higher proportion of people who are with us, to connect and belong in the future.

We continue to need additional administrative staff and pastoral volunteers to enable us to further develop and facilitate the expansion of the church.

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This year we have continued to develop a good partnership with Vineyard churches in Peru. In the future we expect to be further involved in their church development through relationship of our church members as well as senior staff, through involvement with their missions and compassions initiatives in Peru, and through leadership and church development training.

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Description of trustees’ activity

The Trustee Board met on three occasions in the course of this reporting year:

The trustees have continued to be assisted in their work by RSM – a company which now works with a number of Vineyard Churches assisting them with legal changes affecting employment and contracts.

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Statement of public benefit

The trustees have taken due note of the guidance on ‘ Public Benefit and the Advancement of Religion’ given by the Charity Commissioners in February 2008 and in subsequent legislation.

The trustees are satisfied that in reporting of its activities in this Annual Report, WSVC (in its moral, ethical and spiritual teaching and also in its events and activities as a Christian Church, outlined above, together with its doctrines and beliefs) provides a real and substantial public benefit to the whole local community.

In addition to this, all the religious activities at WSVC are open to any and all members of the public regardless of race, wealth, gender, age, sexual orientation, disability or religious or denominational affiliation. This works under the assumption that, as WSVC seeks to order its life and ministry according to biblical norms and principles, the church takes a traditional view regarding eligibility for leadership roles and Christian marriage within the church.

All the church’s ministries, as described above, are designed to be of benefit to the whole community and no exceptions are made in the provision of the church’s services to members of the general public only providing that the legal obligations of the church are fully met and there is no risk of breaching either the WSVC Risk Assessment, Safeguarding and Health & Safety policies or other safety measures designed specifically to protect the congregation and those it serves from abuse or harm from groups or individuals. WSVC reserves the right to refuse admission to any of its activities those whom it deems may lead to such a breach. The assessment of whether this is the case lies with the Senior Pastors or in their absence the next most senior member of the pastoral staff.

- Statement as to disclosure of information to examiners

The trustees in their capacity as directors, state that so far as each of the directors are aware at the time this report was approved:

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Statement of trustees’ responsibilities

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

Company 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 charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

We are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the company and enable us to ensure that the financial statements comply with the Companies Act 2006. We also have a responsibility to safeguard the assets of the charity and to take all reasonable steps to prevent fraud or any other irregularities. The trustees also confirm that we have in the administration of the charity, paid due regard to the guidance published by the Charity Commission and in the Charities Act 2011.

This report has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies. The board approved the report on . Dec 19, 2025

Kate Pearce

Kate Pearce (Dec 19, 2025 07:25:36 GMT)

K Pearce Director and Chair of Trustee Board

Date: Dec 19, 2025

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

WEST SUFFOLK VINEYARD CHURCH

('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025 on pages 18 to 33 following, which have been prepared on the basis of the accounting policies set out on pages 20 to 22.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a Fellow of the Institute of Chartered Accountants, which is one of the listed bodies.

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

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Lisa Darby

Lisa Darby (Dec 22, 2025 11:16:26 GMT)

Lisa Darby FCA Fellow of the Institute of Chartered Accountants Stewardship 1 Lamb's Passage London EC1Y 8AB

Dec 22, 2025

17

WEST SUFFOLK VINEYARD CHURCH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Note
INCOME AND ENDOWMENTS FROM
Donations and legacies		 General
Designated
Restricted
Total
General
Designated
Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
Funds
Funds
2025
2025
2025
2025
2024
2024
2024
2024
£
£
£
£
£
£
£
£
278,267
-
44,654
322,921
275,600
-
49,429
325,029
Unrestricted funds
Unrestricted funds
Donated food and ambient goods -
-
43,820
43,820
-
-
45,449
45,449
2
Investments
Charitable activities
Total income and endowments
EXPENDITURE ON
Charitable activities
3
Total expenditure
Net income/(expenditure)
Transfers between funds
15
Net movement in funds
Fund balances at 1 April 2024
Fund balances at 31 March 2025		 278,267
-
88,474
366,741
275,600
-
94,878
370,478
3,159
-
-
3,159
2,025
-
-
2,025
2,003
-
-
2,003
880
-
-
880
283,429
-
88,474
371,903
278,505
-
94,878
373,383
250,266
40,259
76,599
367,124
222,217
38,846
81,377
342,440
250,266
40,259
76,599
367,124
222,217
38,846
81,377
342,440
33,163
(40,259)
11,875
4,779
56,288
(38,846)
13,501
30,943
(1,786)
50,735
(48,949)
-
(34,085)
44,493
(10,408)
-
31,377
10,476
(37,074)
4,779
22,203
5,647
3,093
30,943
156,109
1,289,393
94,400
1,539,902
133,906
1,283,746
91,307
1,508,959
187,486
1,299,869
57,326
1,544,681
156,109
1,289,393
94,400
1,539,902

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 page 20-33 form part of these accounts.

18

WEST SUFFOLK VINEYARD CHURCH

BALANCE SHEET AS AT 31 MARCH 2025

Note
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Stock
9
Debtors
10
Cash at bank
11
CURRENT LIABILITIES
Liabilities falling due within one year
12
Net Current Assets
Liabilities falling due after one year
13
NET ASSETS
FUND BALANCES
Unrestricted funds
15
General Funds
Designated funds
Restricted Funds
15		 Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
1,562,822
-
1,562,822
1,596,619
-
1,596,619
-
5,690
5,690
-
5,880
5,880
24,207
-
24,207
19,327
-
19,327
167,547
51,636
219,183
140,266
88,520
228,786
191,754
57,326
249,080
159,593
94,400
253,993
(43,496)
-
(43,496)
(49,149)
-
(49,149)
148,258
57,326
205,584
110,444
94,400
204,844
(223,725)
-
(223,725)
(261,561)
-
(261,561)
1,487,355
57,326
1,544,681
1,445,502
94,400
1,539,902
187,486
-
187,486
156,109
-
156,109
1,299,869
-
1,299,869
1,289,393
-
1,289,393
-
57,326
57,326
-
94,400
94,400
1,487,355
57,326
1,544,681
1,445,502
94,400
1,539,902

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by the Directors and signed on their behalf by:

Signature: Kate Pearce Kate Pearce (Dec 19, 2025 07:25:36 GMT) Date: Dec 19, 2025 Print name: Katelyn Pearce Company number: 4071129 Charity number: 1082858

The notes on pages 20-33 form part of these accounts.

19

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

a) Basis of Preparation

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The presentation currency used is British pound sterling and amounts are rounded to the nearest £1.

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast doubt on the ability of the Charity to continue as a going concern. The trustees have made this assessment for the 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. After making enquiries the trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operational existence 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.

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

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

Investment income represents income generated by the charity's assets and includes income from bank interest.

The charity's policy is to recognise goods donated to the charity at an estimate of their value to the charity when they are received. Good donated to the charity comprise principally of food and other items donated to the charity's Foodbank which are valued at an average price per kilogram (Kg) . Where the Foodbank receives items that a retailer will no longer sell it is treated as having no value. When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed are recognised as stock.

20

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

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.

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

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.

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.

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. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold Land Not depreciated Freehold Buildings Over 50 years Equipment Between 3 and 7 years

Depreciation is charged from the time when an asset is first brought properly into full use.

21

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

f) Stocks

Goods purchased for re-sale and are valued at the lower of cost and net realisable value.

Storehouse stocks of donated food and ambient goods held for distribution to beneficiaries are measured at fair value (being an estimate of the value of those goods to the charity). They are valued using an estimated average cost per Kg.

Storehouse stock of vouchers represents the face value of vouchers held at the year end; these will be distributed to beneficiaries in the new financial year.

g) Financial instruments

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, basic financial instruments (which includes cash, debtors and creditors) are measured initially at transaction value and subsequently measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for loans at amortised cost using the effective interest method (i.e. it excludes any interest that may be charged on the loans in future years).

h) 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

i) Pension costs:

The company operates a defined contribution scheme for certain employees. Pension 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

j) Cashflow statement

The company has taken advantage of the exemption provided by the FRS 102 SORP and has not prepared a Cash Flow Statement for the year.

k) Critical accounting estimates and areas of judgment

The trustees do not consider that there are 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

22

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

2 Donations and legacies

Unrestricted funds

2024/25 General
Designated
Restricted
Funds
Funds
Funds
Total
£
£
£
£
General donations
Gift aid receivable		 263,252
-
31,305
294,557
15,015
-
6,243
21,258
Grants received
Donated food and ambient goods
Special offerings
2023/24
2025 Totals		 -
-
6,300
6,300
-
-
43,820
43,820
-
-
806
806
278,267
-
88,474
366,741
General donations
Gift aid receivable		 263,361
-
43,014
306,375
12,239
-
4,502
16,741
Grants received
Donated food and ambient goods
Special offerings
2024 Totals		 -
-
1,000
1,000
-
-
45,449
45,449
-
-
913
913
275,600
-
94,878

370,478
3 Expenditure on charitable activities in 2024/25
a) Direct Charitable Costs
Salaries and staff costs
Vineyard Centre (Church facility)
Events and catering
Media and materials
Conferences and training
Hospitality and minor gifts
Travel and subsistence Printing,
stationery and postage
Telephone and e-mail
Equipment and repairs
Depreciation
Grants payable (note 5)
b) Support & Administration
Software and licence fees
Insurance
Bank charges
Loan interest		 General
Designated
Restricted
Total
Funds
Funds
Funds
2025
£
£
£
£
140,604
-
282
140,886
16,189
-
-
16,189
15,122
-
-
15,122
6,825
-
1,000
7,825
10,017
-
-
10,017
3,690
-
-
3,690
6,650
-
-
6,650
5,352
-
-
5,352
2,524
-
-
2,524
7,040
-
7,040
9,437
27,360
-
36,797
15,381
-
75,318
90,699
238,831
27,360
76,600
342,791
6,421
-
-
6,421
3,037
-
-
3,037
(553)
-
-
(553)
-
12,899
-
12,899
8,905
12,899
-
21,804

23

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

3 Expenditure on charitable activities in 2024/25 (continued)

c) Governance costs
Independent examiner's fee
Other
Combined charitable activity cost		 General
Designated
Restricted
Total
Funds
Funds
Funds
2025
£
£
£
£
2,530
-
-
2,530

-
-
-
-
2,530
-
-
2,530
250,266
40,259
76,600
367,125

4 Comparative expenditure on charitable activities in 2023/24

a) Direct Charitable Costs
Salaries and staff costs
Vineyard Centre(Church facility)
Events and catering
Media and materials
Conferences and training
Hospitality and minor gifts
Travel and subsistence
Motor vehicle running costs
Printing, stationery and postage
Telephone and e-mail
Equipment and repairs
Depreciation
Grants payable (note 5)
b) Support & Administration
Software and licence fees
Insurance
Bank charges
Loan interest		 General
Designated
Restricted
Total
Funds
Funds
Funds
2024
£
£
£
£
117,465
-
4,038
121,503

18,319
-
-
18,319
16,796
-
-
16,796
8,324
-
1,000
9,324

6,126
-
-
6,126

2,710
-
-
2,710

2,617
-
2,439
5,056

-
-
-
-
4,875
-
-
4,875

2,274
-
-
2,274
7,177
-
7,177
8,837
27,360
-
36,197
15,986
-
73,900
89,886
Unrestricted funds
211,506
27,360
81,377
320,243
5,912
-
-
5,912
3,078
-
-
3,078
(713)
-
-
(713)
-
11,486
-
11,486
8,276
11,486
-
19,762

24

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

4 Comparative expenditure on charitable activities in 2023/24 (continued)

c) Governance costs

Governance costs
Independent examiner's fee
Other
Combined charitable activity cost		 2,435
-
-
2,435
-
-
-
-
2,435
-
-
2,435
222,217
38,846
81,377
342,440

5 Grants

To support church planting and mission
Vineyard Churches UK
To relief poverty and help those in need
Grants paid
Goods distributed from Storehouse		 Institutions
Individuals
2025
2024
£
£
£
£
15,381
-
15,381
15,986
2,737
4,531
7,268
7,268
-
66,632
66,632
66,632
18,118
71,163
89,281
89,886

Relief of poverty and need

These are primarily gifts made as part of the 'Storehouse' ministry for the support of those in need locally. In addition to these gifts, the charity incurs expenses to run the Storehouse, which are disclosed in note 3.

6 Staff number & costs

Salaries
Social security costs		 2025
2024
£
£
120,254
104,174
3,692
1,538
Pension contributions 13,517
12,644
137,463
118,356

No employee received remuneration of more than £60,000. The average monthly number of employees was 7 (2023: 7).

The employment benefits payable to key management (which comprise the trustees and Senior Pastors) are disclosed in note 7 below.

25

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

7 Transactions with related parties

M R Williams and Mrs L A Williams (who are trustees) received the following employment benefits for serving as Senior Pastors, not for serving as trustees. These payments are permitted by the charity's governing document.

document.
2024/25 2023/24
Pension Pension
Gross Pay Contribution Gross Pay Contribution
M R Williams 31,667 4,440 29,427 4,090
Mrs L A Williams 27,939 4,440 18,827 4,439
With the written agreement of the Charity Commission, the spouse of one trustee (C D Walling) received
employment benefits totalling £14,134 (2024: £12,874) in their role as church administrator. Except for the
reimbursement of expenses incurred when acting as agent for the charity, or incurred when undertaking
employment duties, no expenses were paid to (or for) the trustees.
During the year the charity received the following donations (either directly or via other organisations) from
related parties: £49,445 (2024: £38,504) in unrestricted donations.
Tangible fixed assets
Freehold Equipment
Property & Fittings Total
£ £ £
Cost
At 1 April 2024 1,668,033 43,499 1,711,532
Additions - 3,000 3,000
At 31 March 2025 1,668,033 46,499 1,714,532
Accumulated Depreciation
At 1 April 2024 82,080 32,833 114,913
Charge for the year 27,360 9,437 36,797
At 31 March 2025 109,440 42,270 151,710
Net book value
At 31 March 2025 1,558,593 4,229 1,562,822
At 1 April 2024 1,585,953 10,666 1,596,619

8 Tangible fixed assets

In May 2017 the church acquired warehouse and office premises at 28 Northern Way, Bury St Edmunds. The church has developed the warehouse area to form an auditorium, class/meeting rooms and an atrium. The re-developed property was brought fully into use by 31 March 2021 and the church started depreciating the building from 1 April 2021 in accordance with the related accounting policy.

26

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

9 Stock

Storehouse - food and ambient goods
Storehouse - Vouchers		 2025
2024
£
£
5,600
5,600
90
280
5,690
5,880

10 Debtors and prepayments

Gift aid recoverable
Prepayments and other debtors
11 Cash at Bank and in Hand
Bank operating accounts
Bank deposits		 2025
2024
£
£
20,141
14,938
4,066
4,389
24,207
19,327
2025
2024
£
£
9,163
20,631
210,021
208,155
219,183
228,786

12 Creditors: liabilities falling due within one year

Creditors: liabilities falling due within one year
2025
2024
£
£
Mortgage (see note 14)
Loan from former trustee(see note 14)
Sundry creditors and accruals		 15,000
15,000
20,000
20,000
8,496
14,149
43,496
49,149

13 Creditors: liabilities falling due after one year

Creditors: liabilities falling due after one year
2025
2024
£
£
Mortgage (see note 14)
Loan from former trustee (see note 14.)		 202,500
232,500
21,225
44,061
223,725
276,561

27

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

14 Loans

The liabilities for loans referred to in notes 12 and 13 fall due for repayment as follows:

Loan from a former trustee
Within one year
Between one and five years
After five years		 2025
2024
£
£
20,000
20,000
21,225
44,061
-
-
41,225
64,061

The loan from a former trustee was received to assist with the purchase of 28 Northern Way, Bury St Edmunds. The loan is repayable in instalments agreed annually by both parties and is fully repayable by 31 March 2032. The loan is free of interest and is unsecured. The agreement does not set out the amounts payable annually and, in making the above disclosure, the charity has estimated the amounts that it expects to repay annually.

Mortgage, which is repayable by instalments
Within one year
Between one and five years
After five years		 2025
2024
£
£
15,000
15,000
60,000
60,000
142,500
157,500
217,500
232,500

The mortgage is secured on the charity's freehold property and is repayable in instalments by 31 March 2039. At the present time the rate of interest is 5.65% p.a.

28

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

15 Funds

Restricted Funds

The Building fund was established by donations received to help purchase and redevelop a main venue for the Church's activities. This projected was completed in 2021 and, as this satisfied the restriction placed on the income received by the Building fund, in 2021 most of the balance of the fund was transferred to a new designated building investment fund. Some of the income received by the restricted Building fund was for specific projects that hadn't been completed by the year end and so there is a small carried forward balance on the restricted Building fund.

The Ipswich fund was created mainly from donations received from Ipswich Vineyard Church when it closed. In line with the wishes of the donor, the income was held in a restricted fund for a two year period to help support the possible re-opening of a church in Ipswich. At the end of the two year period, it was not possible to reestablish a church in Ipswich and the remaining balance on this fund was transferred to general funds in line with the donors wishes.

The Peru fund was created from donations received to help support outreach in this nation.

The Storehouse fund comprises a number of individual funds created from donations and grants received to help support the charity's Storehouse foodbank and related ministries. These comprise:

The Special collections fund was created by donations given in response to appeals for specific causes.

Designated funds

The Building investment fund was created by the trustees to hold the church's net investment in the church's building on Northern Way, Bury St Edmunds. A transfer has been made to the fund so that the closing balance on the fund is represented by the carrying value of the property less the outstanding balance of the loans received to help finance the purchase and redevelopment of the building.

29

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

15 Funds (continued)

Unrestricted funds

The General Funds is split into two component parts, a contingency fund that represents the lowest level of unrestricted reserve that the Trustee have agreed should be held in cash and a general reserve that represents the amount held in excess of minimum unrestricted funds.

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

Restricted Funds
Afgan
Peru
Building
Equipment
Ipswich
Storehouse
-
Town Council grant
-
Communities grant
-
Other grant - vouchers
-
Donated goods
-
Gifts for food
-
Gifts for vehicle
-
Christmas gifts
-
Other gifts
Special collections
Designated Funds
General Funds
General fund
Contingency fund
TOTAL FUNDS
Buildings investment fund		 Opening
Incoming
Outgoing
Transfers
Closing
balance
resources
resources
in the year
balance
2024
2025
2025
2025
2025
£
£
£
£
£
-
500
-
-
500
5,968
2,056
(1,787)
2,777
9,014
9,220
28,545
-
(28,545)
9,220
-
-
-
-
-
29,486
-
-
(29,486)
-
-
-
-
-
-
-
5,800
(1,000)
(4,800)
-
280
-
(190)
-
90
5,600
43,820
(43,820)
-
5,600
16,165
6,947
(21,875)
-
1,237
6,897
-
-
-
6,897
591
-
(338)
-
253
20,104
-
(7,589)
11,105
23,620
89
806
-
-
895
94,400
88,474
(76,599)
(48,949)
57,326
1,289,393
-
(40,259)
50,735
1,299,869
1,289,393
-
(40,259)
50,735
1,299,869
81,109
283,429
(250,266)
(1,786)
112,486
75,000
-
-
-
75,000
156,109
283,429
(250,266)
(1,786)
187,486
1,539,903
371,903
(367,124)
-
1,544,680

30

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

15 Funds continued

During the year the charity:

Where necessary, all transfers from restricted funds to designated funds were agreed with the appropriate donors.

At the end of the year the assets and liabilities of the At the end of the year the assets and liabilities of the various funds were as follows: various funds were as follows:
Fixed Bank & cash Stock and Total
assets balances Debtors Creditors 2025
£ £ £ £ £
Restricted Funds
Afgan fund 500 - - 500
Peru fund - 9,014 - - 9,014
Building fund - 9,220 - - 9,220
Ipswich fund - - - - -
Storehouse - 32,007 5,690 - 37,697
Special collections - 895 - - 895
- 51,636 5,690
 - 57,326
Designated funds 1,558,593 - - (258,724) 1,299,869
General funds 4,229 167,547 24,207 (8,497) 187,486
1,562,422 219,183 29,897 (267,221) 1,544,681

31

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2025

15 Funds continued

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

Restricted Funds
Peru
Building
Equipment
Ipswich
Storehouse
-
Town Council grant
-
Communities grant
-
Other grant - vouchers
-
Donated goods
-
Gifts for food
-
Gifts for vehicle
-
Christmas gifts
-
Other gifts
Special collections
Designated Funds
General Funds
General fund
Contingency fund
TOTAL FUNDS
Buildings investment fund		 Opening
Incoming
Outgoing
Transfers
Closing
balance
resources
resources
in the year
balance
2023
2024
2024
2024
2024
£
£
£
£
£
863
4,788
(2,439)
2,756
5,968
9,219
22,509
-
(22,508)
9,220
-
-
-
-
-
31,166
-
-
(1,680)
29,486
-
-
-
-
-
-
1,000
(1,000)
-
-
745
-
(465)
-
280
4,800
45,449
(44,649)
-
5,600
29,392
11,370
(24,597)
-
16,165
6,897
-
-
-
6,897
583
967
(959)
-
591
5,729
7,882
(4,531)
11,024
20,104
1,913
913
(2,737)
-
89
91,307
94,878
(81,377)
(10,408)
94,400
1,283,745
-
(38,846)
44,493
1,289,393
1,283,745
-
(38,846)
44,493
1,289,393
58,907
278,504
(222,217)
(34,085)
81,109
75,000
-
-
-
75,000
133,907
278,504
(222,217)
(34,085)
156,109
1,508,959
373,383
(342,440)
-
1,539,902

32

WEST SUFFOLK VINEYARD CHURCH

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

15 Funds continued

During the previous year the charity:

Where necessary, all transfers from restricted funds to designated funds were agreed with the appropriate donors.

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

Restricted Funds
Peru fund
Building fund
Ipswich fund
Storehouse
Special collections
Designated funds
General funds		 Fixed
Bank & cash
Stock and
Total
assets
balances
Debtors
Creditors
2024
£
£
£
£
£
-
5,968
-
-
5,968
-
9,220
-
-
9,220
-
29,486
-
-
29,486
-
43,757
5,880
-
49,637
-
89
-
-
89
-
88,520
5,880
-
94,400
1,585,953
-
-
(296,561)
1,289,392
10,666
140,266
19,327
(14,149)
156,110
1,596,619
228,786
25,207
(310,710)
1,539,902

16 Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

33