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2023-03-31-accounts

Cambridge Vineyard Church

Report and Accounts Year ended 31 March 2023

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

CAMBRIDGE VINEYARD CHURCH

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2023

Trustees Harold Dixon Judith Harbour Mark Harbour Daniel John Susan White Thomas Cashman Key Staff Judith Harbour Mark Harbour Governing Document Memorandum and Articles of Association dated 28 June 2001 Company Registration Number 04242684 Charity Registration Number 1087906 Registered Office and Principal Address 54 Jopling Way Hauxton Cambridge CB22 5HY Independent Examiner Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB Bankers CAF Bank

Contents Page
Company Information 1
Trustees' Annual Report 2-5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9-15
Detailed Statement of Financial Activities with Comparatives 16

1

CAMBRIDGE VINEYARD CHURCH

REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2023

The trustees, who are the charity’s directors for the purposes of company law, have pleasure in submitting the Report and Accounts for the year.

Objects of the charity

The charity seeks to demonstrate the Christian faith in action in Cambridge and the surrounding area by supporting those in our society who are disadvantaged or alone: the poor and needy, the sick and elderly, single parents, widows, orphans etc. and by supporting other organisations with similar objects.

Government

The policy and operating decisions of the charity rest with the trustees who meet regularly to monitor the activities of the Company.

Review of Activities

The charity has continued to focus on supporting individuals to live a Christian lifestyle and contribute to the wellbeing of those in their community through sharing the good news of Jesus and expressing God’s love through practical acts of service.

In planning the activities of the charity, the trustees have given consideration to the guidance on public benefit issued by the Charity Commission.

The year ended 31 March 2023 has been the fifth full year under the leadership of Mark and Jude Harbour as Senior Pastors. The church continues to have a thriving Sunday Morning Gathering at Parkside Community College three Sundays a month. We have a wonderful team of volunteers who make this happen, and it’s been a joy to welcome new people to our Sunday Gatherings and into our church community, as well as continue to extend support to the wider community. The main focus of teaching throughout this year was what it means to be a disciple of Jesus, not just a believer.

The church has a vision to be a group of people who “Gather and Go”; we gather in God’s presence, are transformed by the Holy Spirit and we go to love and serve, in our communities and beyond. Looking to see every person in the church reaching out to the various communities of which they are a part, in friendship and blessing. Our strategy is for those in the church to be so inspired by their experience of Jesus and of the church as a body serving the community that they seek to reach out individually to love and serve all whom they have contact with.

Our Sunday Vineyard Kids groups continue to thrive including a new 7-10yr old group, Firestarters, which runs alongside our Sparklers and Blaze groups, and we ran regular Student and Young Adults lunches for our undergraduate and postgraduate students and young adults. We continue to partner with the Christian student organisation Fusion to see students equipped for a life of mission and discipleship at university and the opportunity for every student to find hope in Jesus and a home in a local church, and love having students from both Cambridge University and Anglia Ruskin University.

We continued to run our first Sunday of the month Community Sundays which aims to gather people in a more informal way than our Sunday morning gatherings at Parkside, making it an easy route into

2

our church community. Community Sundays have included open air worship, walks, picnics, brunch, pizza, GrowKids donations sorting, Easter Egg giveaway and The Great Vineyard Bake-off.

Whenever there is a fifth Sunday in the month, we ran Church Has Left the Building where we provide a practical expression of God’s love for people. This has included decorating, cleaning or gardening for those who have recently moved house, support for our GrowKids project sorting donations, and continuing our Partnership with the Besom who connect us with families who need help with gardening or decorating.

Other church activities throughout the year have been our regular mid-week Life Groups, and prayer walking around Cambridge centre every Thursday morning. We held Upper Room Worship Nights and joined with other Vineyard Churches across the area for the first East Anglia Vineyard Worship Night.

At Easter 2022 Mark worked with Hope Cambridge and Cambridge Revival Hub to put on Bow Down, a joint church Pentecost prayer event on Parkers Piece, which had over 80 people from various churches meeting to bow down and pray on Parkers Piece.

As well as our Christmas celebrations we held a Christmas café, an Instant Nativity which saw all ages dressing up and participating and a carol service.

We continued to work with YWAM and Worship on the Streets (WOTS) to worship and witness on Christ’s Pieces, particularly as part of YWAM’s Wild Hope mission in July.

The church continued to provide opportunities for people to express the Christian faith in action in Cambridge and the surrounding area, and beyond. We look to serve and support those in our society who are disadvantaged or alone.

Our main focus is the church’s GrowKids project, started in April 2020. GrowKids provides free, and accepts donations of, pre-loved clothes, toys, and baby equipment in good condition for ages 0- 10. We accept referrals regardless of background, income, or faith, from families within Cambridge and surrounding villages. We also seek to partner with families, to support them as they raise their children. Throughout the year we have received many generous donations of clothing and been able to support the families who have been referred to us, many who have felt the financial impact of the cost-of-living crisis, partnering with Cambridge Council in their Cost-of-Living Events.

GrowKids works in partnership with other organisations, including Cambridge Foodbank, and a GrowKids volunteer visits Foodbank’s Fairbite shop weekly to enable clients to access our services. GrowKids provide a weekly “Coffee and Connect” drop in for parents at a local community centre that provides a much-needed opportunity for parents to relax and chat with each other and our volunteer team whist their children play.

With generous contributions from those within the church and two successful grant applications, the church has been able to rent new offices for GrowKids in North Cambridge, called the Vineyard Centre, providing much needed space for storing and sorting clothes as well as a community area which has been used to launch a regular Friday Drop In which has seen a new community of parents develop.

Cambridge Vineyard Church continued running Mum2Mum. The purpose of Mum2Mum is to offer 1- to-1 support to mums aged 16-30. Mums are matched with a volunteer befriender who will meet with them on a 1-to-1 basis, at least once a fortnight. They will have the support of their befriender for 6 months to start with; however, this may be extended, 6 months at a time, for a total of up to 2 years. New Befrienders were trained during the year and our wonderful team of volunteers continued to mentor parents and raise the profile of Mum2Mum in the city.

3

We have also continued to partner with other organisations:

The church continues to take its place in the wider church community with senior pastors Mark and Jude Harbour continuing to support church unity in the area through Hope Cambridge, of which Mark became a trustee, and their regular events for church leaders, which have continued online through the year. We are an active part of the Cambridge Christian Action Network (CAMCAN) which seeks to connect Christian charities, and participate in Worship on the Streets with our friends at Faithlife Church and Cambridge Revival Hub.

We have also stayed connect with our wider Vineyard Churches family. Mark serves as Vineyard Coach supporting other leaders across the movement, as they are connected to other pastors through area, regional and national events.

Risk Statement

The trustees have reviewed the risks to which a small charity operating with few employees is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.

Financial Review

The accounts that follow show that the income for the year from all sources totalled £132,788 (2022: £106,583). Expenditure in the year was £121,056 (2022: £98,318). This resulted in a surplus for the year of £11,732 (2022: £8,265. Total funds at year end were £118,927 (2022: £107,195) of which £111,489 was unrestricted.

Reserves Policy

The trustees have established a policy whereby free reserves of £30,000 are held by the charity. This has been set on the basis that this could cover three months’ budgeted expenditure to cover any unforeseen reductions in income or unexpected required expenditure. for. The charity successfully maintained this reserve throughout the year and also has sufficient reserves at year end. This policy will be regularly reviewed to ensure that it remains appropriate.

4

Responsibilities of trustees under company law

The trustees are responsible for preparing the 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. In preparing these financial statements, the trustees are required to:

  1. Select suitable accounting policies and apply them consistently.

  2. Make judgements and estimates that are reasonable and prudent.

  3. State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts.

  4. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping adequate 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.

They also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent and detect fraud or any other irregularities.

Approval

This report was approved by the trustees on 14 December 2023 and signed on their behalf by:

Mark Harbour

Mark Harbour

Director

Company number: 04242684 Charity number: 1087906

5

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

CAMBRIDGE 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 2023 on pages 7 to 16 following, which have been prepared on the basis of the accounting policies set out on pages 9 to 10.

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

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.

Sarah Crispin

Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 18 December 2023

6

CAMBRIDGE VINEYARD CHURCH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
4
Total expenditure
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 Unrestricted
Funds
£
104,632
78
4,189
108,899
100,259
100,259
8,640
-
8,640
102,850
111,489		 Restricted
Funds
£
23,889
-
-
23,889
20,797
20,797
3,092
-
3,092
4,346
7,438		 Total
Funds
2023
£
128,521
78
4,189
132,788
121,056
121,056
11,732
-
11,732
107,195
118,927		 Total
Funds
2022
£
106,542
-
41
106,583
98,318
98,318
8,265
-
8,265
98,930
107,195

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

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 9-15 form part of these accounts.

7

CAMBRIDGE VINEYARD CHURCH

BALANCE SHEET

AS AT 31 MARCH 2023

Note
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Stock
7
Debtors
8
Cash at bank and in hand
9
CREDITORS: Amounts falling
due within one year
10
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
12
Unrestricted Funds
General funds
Restricted Funds		 Unrestricted
Funds
£
502
502
-
29,837
91,127
120,964
(9,977)
110,987
111,489
111,489
-
111,489		 Restricted
Funds
£
258
258
3,673
1,575
1,932
7,180
-
7,180
7,438
-
7,438
7,438		 Total
Funds
2023
£
760
760
3,673
31,412
93,060
128,144
(9,977)
118,167
118,927
111,489
7,438
118,927		 Total
Funds
2022
£
1,824
1,824
3,573
15,102
96,161
114,836
(9,465)
105,371
107,195
102,849
4,346
107,195

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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

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

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

Mark Harbour

MARK HARBOUR

Date: 14 December 2023

Company number: 04242684

The notes on page 9-15 form part of these accounts.

Charity number: 1087906

8

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

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

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), 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 principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities,. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

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 or consumed are recognised as stock; donated fixed assets are capitalised.

c) Expenditure

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.

The cost of raising funds is not significant and has not been separately disclosed.

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.

9

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

2 Accounting Policies (continued)

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. 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, fixtires, fittings and equipment are depreciated over 3 years.

f) Stocks

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

g) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

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) Financial instruments

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

j) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

k) Critical accounting estimates and areas of judgement 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.

3 Donations and legacies

ations and legacies
Donations of cash and similar
Donated items of clothing and equipment for GrowKids project
Grants receivable
Income tax recoverable		 2023
£
94,259
3,324
12,310
18,628
128,521		 2022
£
90,935
886
-
14,721
106,542

10

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

4 Charitable expenditure

a
Costs incurred directly on specific activities
Employment costs
Premises and meeting costs
Church ministry
Ministry Support
Distribution of donated items by GrowKids project
Grants payable (note 4c)
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee for preparing and examining the accounts
Professional services
Office expenses and minor equipment
Depreciation of tangible fixed assets
Total expenditure
c
Grants payable
Grants for UK and overseas mission
Grants for the relief of poverty
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty
The charity's principal grants to institutions comprised:
Vineyard Churches UK
Jesus Loves Romania
Dalitso Trust
Grants to institutions for less than £1,000 each		 Institutions
£
8,700
3,600
12,300
Institutions
£
6,800
3,900
10,700		 2023
£
61,935
9,232
25,009
3,478
3,224
102,877
12,300
115,177
1,440
1,989
1,386
1,064
5,879
121,056
Individuals
£
-
Individuals
£
-
2023
£
7,300
1,200
2,400
1,400
12,300		 2022
£
60,565
6,874
9,984
2,634
1,343
81,399
10,700
92,099
1,230
1,907
1,836
1,247
6,219
98,318
2023
£
8,700
3,600
12,300
2022
£
6,800
3,900
10,700
2022
£
6,800
1,700
2,200
-
10,700

11

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

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

The average monthly number of employees during the year was 3 (2022:3). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

Trustees:
Mark Harbour
Judith Harbour		 Wages &
salaries
38,347
18,174
56,521		 Other
employment
benefits
-		 Employer
pension
contributions
909
1,817
2,726		 2023
£
39,256
19,991
59,247

The following amounts were payable in the previous year:

Trustees:
Mark Harbour
Judith Harbour		 Wages &
salaries
35,465
14,038
49,503		 Other
employment
benefits
-		 Employer
pension
contributions
1,684
421
2,105		 2022
£
37,149
14,459
51,608

Mark Harbour and Judith Harbour served as church leaders and received the above payments for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.

6 Tangible fixed assets

Tangible fixed assets
Cost
At 1 April 2022
Additions
At 31 March 2023
Accumulated depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022		 Fixtures,
fittings and
equipment
£
5,380
-
5,380
3,556
1,064
4,620
760
1,824		 Total
2023
£
5,380
-
5,380
3,556
1,064
4,620
760
1,824

12

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

7 Stock

Stock of items donated to GrowKids project held for distribution to beneficiaries
8
Debtors
Tax recoverable
Other debtors
Prepayments and accrued income
Total debtors
9
Cash at Bank and in Hand
Cash at bank with immediate access
10
Creditors: liabilities falling due within one year
Trade creditors
Taxation and social security
Accruals		 2023
£
3,673
3,673
2023
£
18,662
12,260
489
31,412
2023
£
93,060
93,060
2023
£
4,502
4,035
1,440
9,977		 2022
£
3,573
3,573
2022
£
14,736
-
366
15,102
2022
£
96,161
96,161
2022
£
4,374
3,546
1,545
9,465

11 Pension commitments

During the year employer’s pension contributions totalling £2,951 (2022: £2,675) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2022: £nil).

13

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

12 Funds

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

Restricted Funds
GrowKids fund
Mum2Mum fund
General Unrestricted Funds
Aggregate of funds		 Opening
balance
2023
£
4,346
-
4,346
102,850
107,195		 Incoming
resources
2023
£
22,952
938
23,889
108,899
132,788		 Outgoing
resources
2023
£
(20,114)
(683)
(20,797)
(100,259)
(121,056)		 Transfers
in the year
2023
£
-
-
-
-
-		 Gains and
losses
2023
£
-
-
-
-
-		 Closing
balance
2023
£
7,184
254
7,438
111,489
118,927

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

assets and liabilities of the various funds were as follows: follows:
Unrestricted Funds
General Designated Restricted
funds funds funds 2023
£ £ £ £
Tangible fixed assets 502 - 258 760
Stock - - 3,673 3,673
Debtors 29,837 - 1,575 31,412
Cash at bank and in hand 91,127 - 1,932 93,060
111,489 - 7,438 118,927

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

Restricted Funds
GrowKids fund
Mum2Mum fund
General Unrestricted Funds
Aggregate of funds		 Opening
balance
2022
£
5,722
-
5,722
93,208
98,930		 Incoming
resources
2022
£
886
610
1,496
105,087
106,583		 Outgoing
resources
2022
£
(3,723)
(927)
(4,650)
(93,668)
(98,318)		 Transfers
in the year
2022
£
1,461
317
1,777
(1,777)
-		 Gains and
losses
2022
£
-
-		 Closing
balance
2022
£
4,346
-
4,346
102,850
107,195

14

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

12 Funds (continued)

Analysis of net assets by fund

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

Unrestricted Funds Unrestricted Funds
General Designated Restricted
funds funds funds 2022
£ £ £ £
Tangible fixed assets 1,051 - 773 1,824
Stock - - 3,573 3,573
Debtors 15,102 - - 15,102
Cash at bank and in hand 96,161 - - 96,161
Creditors falling due within one year (9,465) - - (9,465)
102,849 - 4,346 107,195

The resticted GrowKids fund was created from donations of money and from donations of clothing and equipment to the GrowKids project. This project aims provides clothing and baby equipment to families in need of support in the Cambridge area.

The restricted Mum2Mum fund was created from donations received to help support a ministry that aims to offer 1-to-1 support to mums.

14 Transactions with related parties

During the year the charity:

During the year the charity also made the following payments to, or for, related parties:

Except as disclosed in note 5 'Analysis of staff costs', there have been no other transactions with related parties during the year.

15 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

15

CAMBRIDGE VINEYARD CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2023

FOR THE YEAR ENDED 31 MARCH 2023
Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
Interest receivable
Total income and endowments
EXPENDITURE ON:
Charitable activities:
4
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
12
Other recognised gains/(losses):
Gains/(losses) on revaluation of fixed assets
11
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12
Actuarial gains/(losses) on defined benefit
pension schemes		 General
Restricted
2023
2023
£
£
104,632
23,889
78
4,189
108,899
23,889
100,259
20,797
100,259
20,797
-
8,640
3,092
-
-
8,640
3,092
8,640
3,092
102,850
4,346
111,489
7,438
Unrestricted funds		 Total
2023
£
128,521
78
4,189
132,788
121,056
121,056
-
11,732
-
11,732
-
-
-
11,732
107,195
118,927		 General
Restricted
2022
2022
£
£
105,045
1,496
-
41
105,087
1,496
93,668
4,650
93,668
4,650
-
11,418
(3,153)
(1,777)
1,777
9,641
(1,376)
9,641
(1,376)
93,208
5,722
102,850
4,346
Unrestricted funds		 Total
2022
£
106,542
-
41
106,583
98,318
98,318
-
8,265
-
8,265
-
-
-
8,265
98,930
107,195
General
2023
£
104,632
78
4,189
108,899
100,259
100,259
-
8,640
-
8,640
8,640
102,850
111,489

16