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2024-03-31-accounts

Cambridge Vineyard Church

Report and Accounts Year ended 31 March 2024

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

CAMBRIDGE VINEYARD CHURCH

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2024

Trustees

Trustees Harold Dixon Judith Harbour Mark Harbour Daniel John Susan White (resigned 22 January 2024) Thomas Cashman Key Staff Judith Harbour Mark Harbour Memorandum and Articles of Association dated 28 June 2001

Governing Document

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

Page 1

CAMBRIDGE VINEYARD CHURCH

REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2024

Objects of the charity

The Trust 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 Directors 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 Directors have pleasure in submitting the Report and Accounts for the year ended 31 March 2024.

2022-2023 has been the sixth 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 continuing to extend support to the wider community. The main focus of teaching throughout this year has been developing a culture of invitation, inviting others to experience God’s goodness, love, power, community and salvation.

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. We look 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 in our Firestarters and Blaze groups. Our Firestarters group also started having social events throughout the year, which they invited friends to. This year we also introduced “The Space”, a quiet room which anyone of any age who need a quiet space for a period can go to and can watch the live stream of our gathering.

We ran regular Student and Young Adults lunches for our undergraduate and postgraduate students and young adults. We love to see our young adults equipped for a life of mission and discipleship at university and work, and the opportunity for every student to find hope in Jesus and a home in a local church. Women’s and men’s Social nights also took place.

Page 2

We continued to run our first Sunday of the month Community Sundays which aim to gather people in a more informal way than our Sunday morning gatherings at Parkside, making it an easy route into our church community. Community Sundays have included a games morning, wild cooking at Milton Country Park, walks, picnics, brunch, and a House of Games Quiz and Lamb Roast. We love that the events are not just great times for our church family but for the family, friends and colleagues who get invited. A couple in the church also ran a monthly Board games event.

Whenever there was 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 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.

It is important for Cambridge Vineyard Church to play its part in the wider church community and this year we continued to do that. Along with other Vineyard Churches in east Anglia we put on East Anglia Vineyard Worship nights, and members of the church participated in writing worship songs with people from other East Anglia Vineyard churches. Groups of our leaders attended the national Vineyard leaders gathering in April and Vineyard Worship Gathering in Jude. Together with Thetford Vineyard and Stour Valley Vineyard we ran a men’s retreat in Suffolk.

Our pastor Mark is a trustee for the ecumenical Hope Cambridge group and the Besom in Cambridge, and serves as a Vineyard UK & Ireland Coach, supporting leaders across the movement. Our pastor Jude serves as part of the team that runs Dreaming the Impossible, a national Youth Festival run by Vineyard. Mark and Jude also serve as part of Vineyard Successions team supporting pastoral transitions across the movement.

Cambridge Vineyard was also able to support running Pentecost in the Park 2023, when multiple Cambridge churches came to gather to worship and witness with speakers and worship bands on a stage on Parker’s Piece in Cambridge. It was wonderful to have a diversity of church traditions and ethnicities involved.

Other church activities throughout the year have been our regular mid-week Life Groups, and prayer walking around Cambridge centre every Thursday morning. We also held Upper Room Worship Nights. It was also a delight to hold dedications, baptisms and participate in the wedding of one of our church family. At Christmas we held a Beer and Carols event in a local pub, as well as our Carol Service and Pop-up Nativity at Parkside College. A training event was held for our worship and PA teams, and we continued to develop new leaders for our Life Groups and Worship bands.

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 two main projects are GrowKids and Mum2Mum

GrowKids, started in April 2020, 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 have 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.

Page 3

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. In addition, we ran a regular Friday drop in at the Vineyard centre, the home of GrowKids, which as well as providing opportunity for people to donate and receive clothes, also provides much needed community to people. We were delighted to be able to extend our volunteer team for our Friday drop in. At Christmas and easter we ran parties for our GrowKids Families and continued to support refugees in the city.

Mum2Mum offers 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. This year new Befrienders were trained, and our wonderful team of volunteers continued to mentor parents and raise the profile of Mum2Mum in the city.

In addition to running GrowKids and Mum2Mum Cambridge Vineyard seeks to give away at least 10% of the money it receives to support other projects. This year that has included The Besom in Cambridge, Cambridge Foodbank (for whom we do a monthly food collection), and Cambridge Youth for Christ.

We also continue to partner with the Dalitso Trust, a charity that supports health, leadership and families work in Malawi, and through them we also support Vineyard Churches in Malawi, both through financial support and the provision of training. Our pastor Mark was able to visit Malawi in July 2023 and deliver training for Dalitso and Malawi Vineyard Churches. We also continued to give financial support to Romanian International Children’s Foundation who seek see abandoned and orphaned children in Romania living in families and to reduce child abandonment.

Risk Statement

The Directors 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 £121,100 (£132,788 in 2023). Expenditure in the year was £143,792 (£121,056 in 2023). This resulted in a deficit for the year of £22,692 (surplus of £11,732 in 2023). Total funds at year end were £93,164 (£111,490 in 2023) which was unrestricted.

Reserves Policy

The Board of Directors have established a policy whereby unrestricted reserves held by the charity should be no less than £30,000 (which equates to about 3 months’ of unrestricted expenditure) so that the charity could continue to operate at a level sufficient to cover the charity in the event of unforeseen expenditure. At the year end, the charity held unrestricted net current assets of £93,164 and the charity is complying with its reserves policy.

Page 4

Directors' Responsibilities

  1. Select suitable accounting policies and apply them consistently;

  2. Observe the methods and principles in the Charities SORP;

  3. Make judgements and estimates that are reasonable and prudent;

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

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

We 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.

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

Approval

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

Mark Harbour

Mark Harbour (Oct 1, 2024 11:37 GMT+1)

Mark Harbour

Director

Date: Oct 1, 2024

Company number: 04242684 Charity number: 1087906

Page 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 2024 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 (Nov 7, 2024 08:50 GMT)

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

Date: Nov 7, 2024

Page 6

CAMBRIDGE VINEYARD CHURCH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

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
£
119,216
54
340
119,610
109,333
109,333
10,277
(28,602)
(18,325)
111,490
93,164		 Restricted
Funds
£
1,491
-
-
1,491
34,460
34,460
(32,969)
28,602
(4,367)
7,438
3,071		 Total
Funds
2024
£
120,706
54
340
121,100
143,792
143,792
(22,692)
-
(22,692)
118,927
96,235		 Total
Funds
2023
£
128,521
78
4,189
132,788
121,056
121,056
11,732
-
11,732
107,195
118,927

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.

Page 7

CAMBRIDGE VINEYARD CHURCH

BALANCE SHEET

AS AT 31 MARCH 2024

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
£
-
-
-
25,471
74,689
100,160
(6,995)
93,164
93,164
93,164
-
93,164		 Restricted
Funds
£
-
-
3,071
58
(58)
3,071
-
3,071
3,071
-
3,071
3,071		 Total
Funds
2024
£
-
-
3,071
25,528
74,631
103,230
(6,995)
96,235
96,235
93,164
3,071
96,235		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 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 (Oct 1, 2024 11:37 GMT+1) MARK HARBOUR

Oct 1, 2024 Date: _______

Company number: 04242684

Charity number: 1087906

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

Page 8

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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.

Page 9

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

2 Accounting Policies (continued)

d) Fund accounting

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		 2024
£
98,413
774
250
21,269
120,706		 2023
£
94,259
3,324
12,310
18,628
128,521

Page 10

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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
£
6,945
4,945
11,890
Institutions
£
8,700
3,600
12,300		 2024
£
68,621
7,756
40,050
6,079
1,376
123,882
11,890
135,772
1,500
2,262
3,499
760
8,020
143,792
Individuals
£
-
-
-
Individuals
£
-
-
-
2024
£
5,945
400
4,045
1,500
11,890		 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
2024
£
6,945
4,945
11,890
2023
£
8,700
3,600
12,300
2023
£
7,300
1,200
2,400
1,400
12,300

Page 11

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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 (2023:3). 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
40,000
20,000
60,000		 Other
employment
benefits
-
-
-		 Employer
pension
contributions
2,000
1,000
3,000		 2024
£
42,000
21,000
63,000

The following amounts were payable in the previous year:

following amounts were payable in the previous year:
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

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 2023
Additions
At 31 March 2024
Accumulated depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Fixtures,
fittings and
equipment
£
5,380
-
5,380
4,620
760
5,380
-
760		 Total
2024
£
5,380
-
5,380
4,620
760
5,380
-
760

Page 12

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

7 Stock

7
Stock
Stock of items donated to GrowKids project held for distribution to beneficiaries
8
Debtors
Tax recoverable
Other debtors
Prepayments and accrued income
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		 2024
£
3,071
3,071
2024
£
21,423
3,400
705
25,528
2024
£
74,631
74,631
2024
£
5,355
140
1,500
6,995		 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

11 Pension commitments

During the year employer’s pension contributions totalling £3,231 (2023: £2,951) were payable to defined contribution personal pension schemes. No pension contributions were owing at the balance sheet date (2023: £nil).

Page 13

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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
2024
£
7,184
254
7,438
111,490
118,927		 Incoming
resources
2024
£
1,491
-
1,491
119,610
121,100		 Outgoing
resources
2024
£
(33,829)
(631)
(34,460)
(109,333)
(143,792)		 Transfers
in the year
2024
£
28,226
a)
376
b)
28,602
(28,602)
-		 Gains and
losses
2024
£
-
-
-
-
-		 Closing
balance
2024
£
3,071
-
3,071
93,164
96,235

The transfers referred to above were made for the following reasons:

a) To offset the deficit net of stock against General Unrestricted Funds.

Analysis of net assets by fund

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

ysis of net assets by fund
assets and liabilities of the various funds were as follows:
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
-
-
25,471
-
74,689
-
(6,995)
-
93,164
-
Unrestricted Funds		 Restricted
funds
£
3,071
58
(58)
-
3,071		 2024
£
3,071
25,528
74,631
(6,995)
General
funds
£
-
25,471
74,689
(6,995)
93,164
96,235

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
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
111,490
118,927

Page 14

CAMBRIDGE VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

12 Funds (continued)

Analysis of net assets by fund

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

ysis of net assets by fund
e previous year, the assets and liabilities of the various		 funds were as follows: funds were as 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
Creditors falling due within one year (9,977) - - (9,977)
111,489 - 7,438 118,927

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.

Page 15

CAMBRIDGE VINEYARD CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2024

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
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 General
Restricted
2024
2024
£
£
119,216
1,491
54
-
340
-
119,610
1,491
109,333
34,460
109,333
34,460
-
10,277
(32,969)
(28,602)
28,602
(18,325)
(4,367)
(18,325)
(4,367)
111,490
7,438
93,164
3,071
Unrestricted funds		 Total
2024
£
120,706
54
340
121,100
143,792
143,792
-
(22,692)
-
(22,692)
(22,692)
118,927
96,235		 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
111,490
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
2024
£
119,216
54
340
119,610
109,333
109,333
-
10,277
(28,602)
(18,325)
(18,325)
111,490
93,164		 General
2023
£
104,632
78
4,189
108,899
100,259
100,259
-
8,640
-
8,640
8,640
102,850
111,490

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