Grand Union Wineyard thurth Milton Keynes
Charfty No. 1090567
Company No. 04301421
Tru5tees' Report and Unaudited Accounts
31 March 2021
*UV03DAP*
1410112022
OMPANIES HOUSE
*A4KEiM4B•
3011212021
COMPANIES PIOUSE
151
A14
#16

Grand Union Wineyard Churth Milton Keynes
Contents
)1
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
10 to-10
Iltoll
Summary Income and Expenditure Account
Balance Sheet
12to12
13to13
Statement of Cash flows
14to14
Notes to the Account5
15to22
Detailed Statement of Financial Activities
23to24
PaBe I

Grand Union Vineyard Church Milton Keyne5
Trustees Annual Report
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006.
present their report with the unaudited financial statements of the charity for the year ended 31
March 2021.
REFERENCE AND ADMINISTRATIVE DETAIL5
Company No. 04301421
Charity No. 1090567
Registered oifice
Netherfield Chapel
Broadlands
Netherfield
Milton Keynes
MK6 4YP
Directors and Trustees
The Director5 of the charitable company are its Trustees for the purposes of charity law.
The following Directors and TTUStees served during the year-
Alex Millingt¢
(Resigned l December 20201
Dayo Adedapo
Chair
Christopher Robert L)esmond Morley Senior Pastor
Oluwatuminu Omoniyi Balogun
Treasurer
Nicholas Freer
David Cooper
David Nicholas Lee
Natalie-Louise Burnapp
Graham Edward Crusoe
Dunn
Jill Gentle
Co-opted
(Resigned l November 20201
Accounlants
Trackrecords Management Services Limited
The Farthing Enterprise
Unit 10, 39 Farthing Grove
Netherfield
Milton Keynes
MK6 4JH
Page 2

Grand Union Vineyard Churth Milton Keynes
Trustees Annual Report
Grand Union Vineyard Church continued to operate in 2020121 out of Netherfield Chapel. The period under
review was defined by the global Covid-19 pandemic. This.led to a number of changes in the way we
operate. including closing the Monkston Primary School Site.
Chri: Morley continucd to Icad the church through ?021 and he continued to set tho direction of thc church
building a leadership team that will lead the church into the future. Despite these challenges..we have
continued to serve our city.
Airns and Purposes
The Trustees of Grand Union Vineyard have the responsibility of CO￿PeratIng with the Senior Pastor,
pastoral staff. and leadership tearn in prornoting the aims and mission of Grand Union Wineyard Church
(connect. grow. 5ervel.
Additionally. trustees are also responsible for the upkeep and maintenance of Netherfield Chapel.
Broadlands. Milton Keynes.
Objettives and arti¥itses
We believe that the calling of Jesus is to love those around us. and we have the privilege of serving the
least, the last and the10st within Milton Keynes and the three counties region. We do not discriminate
according to ethnicity, gender. 5exLtality. or background. We are in the business of transformation and
Seeing people come into a livine relationship with Jesus.
Our broad aims continue to be the following..
CONNECT- sharing the good news of Jesus Christ.
GROW - equipping and discipling followers of Jesus Christ,
SERVE- practically showing the love of Jesus to those around us.
Our vision statement 1S'to be a worshipping community where anyone can encounter God and become
more whole while serving others.
Athievements and Performance
l.Sharin
ood new5 of Jesus Christ
We welcome those of all faiths or none. and from every back£round who wish to visit usor make use of the.
StorChou￿c. Community Fridge, wcllboing momingd. art journaling and other public events. Wo continuo.to
welcome people who have had little or no previous interaction wrth the church.
During the year church members continued to share the transforming power of Jesus and his gospel with
compassion and generosity through ministries indudiDg=
Giving out toffee & food on Sunday
Alpha courses (online and in per50n)
Small groups blessing the community
Wellbeing events
Coffee momines / virtual coffee mornings
• Online social events
Page 3

Grand Union Wineyard Church Milton Keynes
Trustees Annual Report
The global Covid pandemic impacted the church in that we had to adjust many ministries over this period.
Wc cloucd in pe￿￿n JeNces a week beforc the Govcrnmcnt mandated lockdown of thc 23rd of March
2020. Our Servi￿5 held online during the various k)ckdowns with people contributing online from their
own homes. Where we have been able to resume in-per50n services. we have continued to integrate online.
services to include those unable to safely meet in the building.
We also were able to movc rJmall groups and bible rtudy onlinc (Union group=) and provide a progr.amme of
social gatherings online. We recognised the impact lockdown isolation would have on people and
developed a programme of online social and ministry events that included daity coffee meeting5, prayer
meeting:. onlinc quizzes. coo￿nE and baking get togcthers and art joumJlin& along with othcr Jocial and
ministry meetings.
All Social and ministry events online have been open to all and have served to lessen isolation both of
church members and those who have joined us online at events for the first time.
In providing Sunday services. we took the decision to close the Monkston campus because the costs of .
rentinE and managing the campus would have been a financial burden on the church without the benefit of
using it during various lockdowns.
Part of the 50cial upheaval of Covid is that we lost some members who moved away from Milton Keynes.
We also lost some members over the decision to close Monkston who for various reasons did not want to
attcnd ￿le1¥ Jt Nctherfield chapel. However. the cost/benefJt analysi4r meant that wc nccdcd to make this
tough decision.
We continue to provide Sunday services at Netherfield Chapel. as one church in one place, along Wlth
interactive streaming for those online. We have been pleased.to welcome new regular members who.have
joined us regularly both in-person and online during this year.
We attempted to move youth meetings online. but this was unsuccessful as the buy-in from the youth (who
are primarily from Netherfield Estate) was negligible. This is due to their financial situations making online
acce55 difficult. Although we are now able to hold in person events, our youth group in Netherfield Chapel
has not restarted yet. The couple who led it welcomed a baby to thcir family and felt that thcir time of
leading in youth had ended. We thank them for their fatthful ser4ice. Once we reopen fully. we will look at
youth and how we continue this important ministry. Our hope is to establish a youth work in partnership
with other organisations in Milton Keynes.
For children, V41e. introduced online children's ministry. and Tan online and in person bakinge*ieiits aiid half-
day holiday events for children open to all.
Over5ea5"
During the yoar we providcd rJUPPOrt to the 0Very￿a. projccLr :hown below. who 5harc our oim to=harc thc
good news of Jesus Christ, through activities which range from running prayer groups to giving financial
5UPPOrt=
The Eagle Project lin Brazill
• Hope for Justice
Page 4

Grand Union Wineyard Churth Milton Keynes
TNstee5 Annual Report
ui
In
disci
lin£ followers of Jesus Christ
Each Sunday we have continued to run the morning seTwce, which seeks to equip. teach. and disciple
church members and visiting Christians. Part of the year was online due to lockdowns and caution to serve
and love each other by prioritisir*g safety during the pandemic. and where able. in person with combined
and interactive online streaming. We continue with the ethos of an informal and relaxed atmosphere..
We have had new members join u5 both online and in person during this period
We incorporated children's ministry in our online seryices. When we resumed in-person seThices, we
reintroduced Children's church meetings.
Members are encouraged to join one of the small groups (union groups) that meet mid-week. t￿th online
and in people's homes. In the period under review. we established two new union groups. Union groups are '
a place to discuss Sunday teachin& support each other in discipleship and to equip eath other.
3.Practicall showin
the love of Jesus to those around us
We continue to seek woy5 to Serve all sections of the community creatively and. The range of compassion
ministries we support are diverse. and during the year included:
• MK Storehouse- The MK storehouse exists to gyve clothes to those who have Irttle and a place where they
feel welcome and loved.
Community Fridge- Providing free. fresh food donated by the local supermarket to those that need it and
reducing the amount of food wastage going to the landfill.
Wellbeing Morning5: Providing a safe and welcoming place forpeople oversixteen to get rest from the
chaos of life and have time to be refreshed and pampered.
• Art Journaling.. Providin8 a place where people can socialise and share a time of refreshing and expressing
themselves through art.
Wise Ones- This is a group that meets to provide company for people who are i501ated.
HE Café: We provide space for Home Educator parents and children to socialise
MKStorehouse
Oespite Covid, the MK Storehouse has continued to operate. We have served over 6400 guests in our first
five years. During initial lockdowns. in-person work and distribution of clothes was suspended. We
continued to serve our tommunity through this period by liaising with council s(xial workers who
identified and communicated specific needs to us. We were then able to make up packs for the social
workers to take out to those in need.
When we reopened from lockdown. we operated in a Covid safe environment. We had appointment-onlv
sessions and we created clothing pack5 for those who could not attend in person. distributing them to
those needing support.
Comrnunity Fridge
CommL¢nity Fridge continued at our building in Netherfield, with food donated from local supermarkets. Sn
the period under review. we had 4820 visits and diverted eighteen tons of food waste from landfills. This
has had a positive impart on our local community by helping provide free food to those that are in need
and reducing the amount of food waste going to landfill.
Page 5

Grand Unlon Vineyard Church Milton Keynes
Trustees Annual Report
Despite attempting to keep community fridge serving the community during the initial lockdown. Milton
Keynes Council asked us to Suspend distributing food because of the inherent risk of people gathering. As
an alternative. during the strirtest lockdowns. we ueated food packs and dropped them at people's homes
when there was a need.
Since reopenin& we have seen an increase in the number of people attending. We reopened with covld
safe protocols.
Choritoble Portne
Vineyord Churches UK & Ireland connects churche5 With common values and practices. provide5 spiritual
guidance and oversight to Vineyard church leaders and facilitates new church planting.
We use the name Vineyard with their permission and give 5% of our voluntsry income and trading profits.
Hopeforjustice is an anti-human trafficking organisation working to uncover and abolish the hidden crime
of modern-day slavery. As a non-governmental organisation INGOI they gather intelligence ènd assist in the
process of removing victirn5 from exploitation within the UK. Human trafficking is not someone else's
problem. It is happening in our communities. in our nei8hbourhoods. in our country.
The Eagle Projert: after many years working with street children in Brazil. George and Cally founded the
Eagle Project in 2(￿. Based on the principles of restorative justice. George. Callie, and their team use
psychodrama. mentorin& coachin& and counselling to equip young offenders to reintegrate into families
and communities upon their release and avoid reoffendin&
Bridge Builder frust MK: We are a Christian charity that has been working in the primary and secondary
schools of Milton Keynes since 1992. Facedwith rising demand for our work across its one hundred plus
schools.. our vision is of a Trust that can meet the challenge of supporting the personal. social. moral, and
spiritual development of chiklren and young people in our growing city-
FINANCIAL REVIEW
The management accounts show Net Income of £28.936.17 for the year. However the financial accounts
show a Net Income of £27.183 because it takes depreciation into account.
The principal source of income was from unrestricted givin& totalling £63.178.01 in the year. The monthlv
incorne peaked in May 2020 beforeit consistenty dropped month on month until January 2021 to an
all-time low of £4.180.15. February and March 2021 saw a 4.9% inuease on January living.
For half of the year, gift aid claims were not made at all.
This voluntary income has reduced during the year because of the loss of members with the closure of the
Monkston Campuss people readjusting their lives in light of Covid and with some movin8 awav.
Of note, we have had other income in the year. in excess of É40.OLKI. mainly from grants.
As a result of the closing of the Monkston campus. the structural costs of the organisation have been
reduced with the rent and associated costs stopping.
Other expenses that have been afferted this year include salaries, where we subscribed to the
government's flexible furlough scheme Istatt working reduced hours} from November 2020, halving the
associated costs. and other ministry costs such as conferences and sundry expenses.
Despite the reduction in income in the year we have continued to press forward with our outreach
activities.
Page 6

Grand Union Vineyard Church Milton Keynes
Trustees Annual Report
The financial statements have been prepared in accordance with the accounting Polic￿ set out in note I to
the financial statements and comply with the charity's memorandum and articles of association. the
Companies Act 2006 and "AccountinE and ReportinE by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in actordance with the Financial ReportinE Standard
applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods tommencing
from l January 2016
RESERVES POLICY
Rationole
We maintain reserves in order to cover fil￿￿3t￿nS in incorne and expenditure. to allow for any
unexperted major expenditure requirement. or to mttigate any decline in the overall financial environment.
We also believe that maintaining the free reserves at levels around three months running c05ts, combined
with appropriate reviews of the controls over key financial systems. provide sufficient resources in the
event of unexpected adverse condwtions.
We also believe ih3t maintaining the free reserves at levels around three months running costs. combined
with appropriate reviews of the controls over key financial systems. provide suFficient resources in the
event of unexpected adverse conditions.
Torget Level
Three months of medium-term commitments such as staff costs for permanent staff and building costs. The
unrestrirted reserves held as at 31st March 2021 of £226.642 (also including the value of the property) are
around where we expert them to be.
Mointenonce
We review, on a half-annual basis. the level of reserves held.
Review of Poliry
We aim to review whether the policy itself remains appropriate at least once per year.
We continue to be encouraged that our church members. commitrnent has not faltered during these
thalleneing economic times. The churth continues to fulfil its mission, as tan be seen by its ongoing
accomplishment of its goals. and 141 addition, we will continue to investigate more opportunities to serve
those in the city and. beyond.
Investment Powers and Poliry
Our articles authorise us to invest our funds and cash balances are currently held with Lloyds TSB. We have
operated a policy of keeping available funds within interest-bearing deposit accoLtnts having regard to
liquidity requirements.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems
are in place to mitigate exposure to the major risks.
Risk Monogement
The systems of internal control are designed to provide reasonable. but not absolute. assurance against
material misstatement or1055.
Page 7

Grand Union Wineyard Church Milton Keynes
Trustees Annual Report
They include..
- an annual budget approved by the trustees
-regular consideration by the trustees of financial reports-
delegation of authority and segre8ation of duties:
identification and management of risks.
We aim to regularly review the main risks that the church face5. The trustees consider the key risks to
church like ours to be finan￿5. safeguardin& health & safety and hurnan resources. We emp￿¥ specialist
finance staff. are members of Thirtyone-eight to assist with safeguardin& have trustees with health and
safety experience and have specialist outsourced human resource5 competence to help manage these risks.
We believe that the internal financial controls conform to guidelines issued by the Charity Commission.
Strurture, governance. and management
Goveming Document OrganisOtionalStrurture.'
We are a registered charity. duly constituted by means of our Memorandum and Artitles of Assotiation and
operating as a church. We are also a company limited by guarantee, in which the company directors form
the board of trustees. The liability of each trustee in the event of a winding-up is limtted.
The trustees, who are also the directors for the purpose of company law. and who served during the year
and up to the date of Signature of the financial statements were:
D ADEDAPO ICHAIRI
CRD MORLEY (SENIOR PASTORI
T BALOGUN ITREASURERI
N FREER
D COOPER
DLEE
N BURNAPP ISAFEGUARDINGI
G E C DUNN ICO-OPTEDI
Appointment of Trustees
New trustees are appointed when appropriate. Suitable candidate5. who are selected from within the
church membership. are considered based on their skills. experience and sympathy with the aims of the
church. New trustees have the opportunity of reviewing appropriate documents. induding the
management accounts. as part of their indurtion process.
Senior Leadership Team (SL TJ
The day to day running of the church is delegated to the employed pastoral and operational staff. The staff
are led by the Senior Pastor. Chris Morley. and their Senior Leadership Team a5 follow5-
Chris Morley Isenior Pastor)
Sue Modev
Rachel Kleinsmith (DSL Outreach and Administration)
Rachael 5nwood {Worshipl
Rebecca Walters (Children's Church)
Page 8

Grand Union Vineyard Churth Millon Keynes
Trustees Annual Report
The Trustees are responsitrAe for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and to enable them to ensure that the financial 5tstement5
comply with the Companies Act 2006. The Trustees are also resF)onsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The above report has been prepared in attordance with the provisions applicable to companies subjéct to"
the small companies regime as'set out in Part.15 of the Companies Act 2(X)6 and in accordance with the
Charities SORP IFRS 1021.
The trustees declare that they have approved the trustees. report above.
Signed on behalf of the'board
Dayo Adedapo
Trustee
31 March 2021
Page 9

Grand Union Vineyard Church Milton Keynes
Independefit Examiners Report
IndÈpendent Examiner's Report to the trustees of Grand Union Vlneyard Church Mllton Keynes
I report to the chafity trustees on my examination of the accounts of Grand Union Wineyard Church Milton
Keynes for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Summary
Income and Expenditure Account. the Balance Sheet. the Ststernent of Cash Flows and the related notes.
Responsibilities and ba51s of report
As the trustees of the charity land also its directors lor the purposes of company lawl you areiesponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006
Act.
Having satisfied myself that the accounts of the charity are not required to be audtted under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of your
charity's account5 as carried out under section 145 of the Charities Act 2011 {'the 2011 Art'l. In carrying out
my examination I have fdlowed the Directions given by the Charity Commission under section 1451Sllb) of
the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matter5 have come to my attention in
connection with the examination giving me cause to believe that:
• accounting records were not kept in accordan￿ wth sertion 386 of the 2006 Art - or
the accounts do not accord with those records.. or
the account5 do not comply with the accounting requirement5 under sertion 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
• the accounts have not been prepared in accordance with the Charities SORP IFRS 1021.
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.
Ebenezer Nelson-Addy
IFA
Trackrecords Management Services Limited
The Farthing Enterprise
Unit 10. 39 Farthing Grove
Netherfield
Milton Keynes
MK6 4JH
31 March 2021
Page 10

Grand Union Wineyard Churth Milton Keyne5
Statement of Finanaal Actlvities
for ihe year ended 31 March 2021
Unrestricte
d funds
2021
Restrirted
nds Total funds Totsl fund5
2021
2021
2020
Notes
Income and endowments
from:
Donations and legacies
Charitable activities
Other trading artivitie5
Other
72.820
678
72.820
678
41,040
118,881
5,931
io,iii
18,7-77
41.040
114,538
.114.53.8.
153,700
Expenditure on:
Raising funds
Charitable activities
Other
1.5(K)
23.568
62.287
1.500
23.568
62,287
' 26,574
26.476
107.147
io
Total
87.355
87.355
160.197
Net gains on investments
Net incomellexpenditure)
Transfers between fvnds
li
27.183
27.183
16.4971
Net income/lexpenditure)
before other gains/{losses)
27.183
27.183
16.4971
Other 8ains and losses
Net movement in funds
27.183
27.183
16.4971
Reconciliati￿ of fvnd5:
Total funds brought fonyard
199.459
32,650
232.109
238.606
Total funds carried forward
226.642
32,650
259,292
232,109
Page 11

Grand Union Vineyard Church Milton Keynes
Summary Income and Expenditure A¢¢ount
for the year ended 31 March 2021
2021
2020
Income
114.538
153.700
Gross income for the year
Expenditure
114.538
85,601
153.700
157.859
Depreciation and charoes for
impairment of fixed assets
1.754
2.338
Total expenditure lor the year
Net incomel(expendituie) before tax
for the year
87.355
160.197
27,183
16,4971
Net income /{expenditure Ifor Ihe year
27.183
16,4971
Page 12

Grand Unlon Vineyard Church Milton Keynes
Balance Sheet
at 31 March 2021
Company No. 04301421
Notes
2021
2020
Fixed assets
Tangible assels
14
184,751
184,751
186,505
186.505
Current assets
Debtors
Cash at bank and in hand
15
2,812
73,968
76.780
(2.239)
74,541
2Sg.292
259,292
4,113
43,730
47,843
12,2391
45,604
232.109
232.109
Creditors:. Amount falling due within one year
Net current assels
16
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
259.292
232.109
The funds ot the charily
Restricted f unds
RestriCLed income funds
17
32.650
32,650
32.650
32,650
Unrestricted f unds
General funds
17
226.642
226.642
199,459
199,459
Reserves
17
Total funds
259,292
232,109
These accounts have been prepared in accordance with the special pro￿lOn$ of Part 15 of the Companies
Acl 2006 relating to small companie5.
For the year ended 31 March 2021 the company was entitled lo exefflption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance wlth section 476 of the
CompaniesAct 2006.
The directors ackrr0￿edge their responsibilities for complying wrth the requirements of the Companies Act
2006 wilh respect to accounting records and the preparation of accounts.
Approved by the board on 31 March 2021
And signed on its behalf b￿.
Dayo Adedapo
Trustee
31 Marc
021
Page 13

Grand Union Vineyard Church milt(￿ Keynes
Statement of Cash flows
foi the year ended 31 Marth 2021
2020
Cash flow5 from operatinz activit
Net 1ntomc/lox￿d•turQ} per Statement ol Financial Arti¥ities
27.183
16.497)
Adjustments for:
Depreciation of property. plant and equipment
Decreaselllncreasel in trade and other receivables
Decrease in trade and other payables
1.754
1,301
2,338
11,1711
15.267.)
Net cash provided byllused in) operatinE activities
30,238
129,3741
Net cash from investln8 artlvlties
18,777
Net cash from financing actlvities
Net increase/{decrease) in cash and cash equivalents
30.238
110.5971
Cash and cash equivalents at the be£innin£ of the year
43,730
54,327
Cash and cash equivalents at the end of the year
73,968
43,730
Components of cash and cash equbvalents
Cash and bank balances
73.968
43,730
73.968
43.730
Page 14

Grand Union Vineyard Churdb Milton Keynes
Notes to the Accounts
for the year ended 31 March ZOZI
l Accounting policies
Basls of preparation
The financial statements have been prepared in accordan￿ with Accounting and Reportirng by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective l January 20151 (Charities SORP IFRS 10211. the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 102) and the Companies Art 21J)6.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made toaccounts for previous years.
Fund accounting
Unrestricted"funds
These are available fcir use at the discretion of the triistees in furtherance of the
general objects of the charity.
These are unrestrirted funds earmarked by the trustees for particular purposes.
These are unrestrirted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrirtions imposed by the donor or
through temis of an appeal.
Designated funds
Revaluation funds
Restrirted funds
Income
Recognition of
income
Income is included the Statement of Financial Activities ISOFAI when the
charity becomes entttled to. and virtually certain to receive. the income and the
amount of the income can be measured with sufficient reliability.
Income with relateij Where income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOF
Donations and
legacies
Voluntary income recetved by way of Erant5. donations and gifts 15 included in the
the SOFA when receivable and only when the Charity has unconditional
entitlement to the income.
Tax reclaims on
Income from tsx reclaims is included in the SOFA at the same time as the
donation5 and gifts gift/donation to which it relates.
Donated services
These are only included in income (with an equivalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantifiable. measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gainslllosses) on
This indudes any gain or loss resulting frorn revaluing investments to market
revaluation of fixed value at the end of the year.
assets
Gainslllossesl on
investment assets
This includes any gain or loss on the sale of investments.
Page IS

Grand Union Vineyard Church Milton Keynes
Notes to the Accounts
Expeftdi￿re
Recognition of
expenditure
Expenditure is recognised on an accruals basis. ExpendFture includes any VAT
which cannot be fully recovered. and is reported as part of the expenditure to
which it relate5.
Expenditure on
These comprise the costs 3550ciated with attracting voluntary income, fundraising
raising funds
trading costs and investment Management costs.
Expenditure on
These comprise the c05ts incurred by the Charity in the delivery of its activitie5
charitable activities and service5 in the furtherance of its objects. including the making of grants and
governance costs.
All grant expenditure 15 accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These intlude those costs associated with meeting the constitutional and
statutory requirements of the Charity, including any audit/independent
examination fees, c05ts linked to the Strategic management of the Charity.
together with a share of other administration costs.
These are support costs not allocated to a particular artivity.
Grants payable
Governance costs
Other expenditure
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rate5 in order to write off each asset over its estimated
useful life:
Freehold property
Plant & machinery
Fixtures, fittings &
equipment
0% Straight Line
25% Straight Line
25% Straight Line
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value èt each balance
sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities
as they arise.
Pension costs
The tharity operates a defined contribution plan for its employees. A defined contribution plan is a
pension plan under which the company pays fixed contributions into a separate entity. Once the
ontributions have been paid the company has no further payments obligations. The contributions are
recognised os expenses when they fall due. Amounts not paid are shown in accruals in the balance
sheet. The assets of the plan are held separately from the company in independently administered
funds.
2 Company status
The company 15 a private company limited by guarantee and consequently does not have share capitsl.
Page 16

Grand Union Vineyard Church Milton Keynes
Notes to the Accounts
3 Ststement of Financial ActiVit￿- year
Unre5trirted Restrlcted
funds
funds Total funds
2020
20ZO
2020
Income and endowments from:
Donations and legacies
Charitable activities
Other tradin8 activities
Other
114.442
4,439
5.931
5.675
18.777
118,881
5.931
io,iii
18.777
4.436
Total
118.878
34,822
153,700
Expenditure on..
Ra'ising funds
c.haritable activities
16.861
26.371
107.147
9.713
105
26.574
26.476
107.147
Other
Totsl
150.379
9.818
160.197
Net Income
{31.5011
25,￿4
16,4971
Net Income'before other
gainslllossesl
..Other gains and losses:
Net movement in funds
{31.501)
25.1x14
{6.4971
131,5011
25.LK14
16.4971
Recondllatlon of funds:
Total funds brought forward
Totsl funds carried fonvard
230.960
7.646
238.606
199,459
32,650
232.109
4 Income from donations and kpcies
Unre5trirted
Totsl
2021
Total
2020 .
,Donations and.Gifts
72.820
72.820
72.820
72.820
118,881
118.881
5 Income from tharitable activities
Total
Total
2021
2020
Charitable activities
678
678
678
678
5.931
Page 17

Grand Unlon Vineyard Church Milton Keynes
Notes to the Arcounts
6 Income from other trading aclivities
Unrestrirted
Total
Total
2020
2021
Other activities for
generating funds
ActFVities for generating
funds
Incoming resources from
Benerated funds
41,040
41,040
6.162
2,974
975
41.040
41.040
io.iii
7 Other Income
Total
Totsl
. 1020
2021.
Storehouse Grant5
18,777
18,777
8 Expendlture on raislnz funds
unr￿tricted
Total
Total
2020
1021
C05t5 Of genen7ting voluntary
income
Direct church running
activities
Gifts related to church
activities
10,337
1.5(M)
1.500
16.237
1,5(Kl
26.574
9 ". Expenditure on charitable activities
Unrestricted
Total
Total
2021.
2020
Expenditure on choritoble
ortivities
Charitable activities
Other resources used
23.568
23.568
25,409
1,067
Governt7nce costs
23.568
23,568
26,476
Page 18

Grand Union Wineyard Churth Milton Keynes
Notes to the Accounts
10 Other expenditure
Totsl
Total
2021
2020
Employee costs
Motor and travel costs
44.118
44,118
75.222
Premises costs
Amorti5ation. depreciation.
impairment, profitnoss on
."disposal of fixed assets
General administrative costs
5,347
5.347 .
17,153
1.754
1.754
2.338
5.666
7.,853
4,573
107,147
Legal and professional costs
5.402
62,287
5.402
62.287
11 Net incomellexpendityre) befo￿ transfers
2021
2020
This is stated after charging-
Depreciation of owned fixed assets
1,754
2,338
12 Trustee remuneration and expenses
One or more of the trustees has been paid remuneration in the current or prior periods.
One or more of the trustees has been paid expenses in the current or prior periods.
2021
2020
Number
Number
Number of trustees paid expenses
The nature of the reimbursed expenses
Con5ultanry C05ts- Grant application
Total expenses reimbursed to trustee5
2,4LM)
13 Staff costs
Salaries and wages
Social security costs
Pension costs
40,673
407
58,938
10,550
5.510
74,998
3,025
44.105
No employee received emoluments in excess of £60.CKKI.
The average monthly number of full time equivalent employees during the year was as follows..
2021
2020
Number
Number
Page 19

Grand Union Vineyard Church Milton Keyne5
Notes to the Accounts
14 Tan8ible fixed assets
Land and
buildin
Plant &
mathinery
FIX￿re5.
fittings &
equipment
Total
Cost or revaluation
At l April 2020
At 31 March 2021
Depreciation and
irnpairnient
At l April 2020
Depreciation charge for the
year
At 31 March 2021
179,492
179,492
7.793
7,793
69,098
69,098
256.383
256.383
6.826
63,05.2
69.878
242
1,512
1.754
64.564
71,632
Net book values
At 31 March 2021
At 31 March 2020
15 Oébtors
179.492
179.492
725
967
4.534
6,046
184.751
186,505
2021
2020
Other debtors
Prepayments and accrued income
2.805
4.106
2,812
4,113
16 Credltois:
amounts falling due ￿thin one year
20Zi
2020
Other creditors
1.239
2.239
2.239
2.239
Page 20

Grand Unk•n Wineyard Churth Milton Keynes
Notes to the Act￿nts
r.
17 Movement in funds
Incoming
resources
At31
March
linduding
At l April
other
2020 gainsllosses)
Resource5
expended
2021
Restrirted funds:
Restrirted income funds:
Donations arbd Legacies
32.650
32.650
Totol
32.650
32.650
Unrestricted funds:
- General funds
199,459
114.538
187.3551
' 226.642
Revaluation Re5er¥e5:
Totsl fvnd5
232.109 '
114.538
187.355)
259.292
Purposes and restrictions in relation to the fund5:
Restricted funds..
Donations and Legacies
18 Analysis of net assets between funds
Unrestrirted Restricted
fvnds
funds
Total
Fixed asset5
184.751
72.102
256,853
184.751
74,541
259.292
Net current assets
2,439
2,439
19 Reconciliation of net debt
At31
March
2021
At l April
2020
Cash flows
Cash and cash equivalents
43.730
43.730
30.238
30.238
73.968
73.968
Net debt
43.730
30.238
73.968
Page 21

Grand Union Vineyard Church Milton Keynes
Notes to the Accounts
20 Commitments
Operating lease comMitn￿nts
Annual comrnitments under non-cancellable operating leases are as follows:
2021
2021
2020
2020
land and
Iwildings
land and
buildings
Other
Other
Operating leases with expiry date:
Pension commitments
2021
2020
The pension cost charge to the company
amounted to.. .
3.025
.-5,510
21 Related party disc105ures
Controllinqporty
The company is limited by guarantee and has no share capital- thus no single party controls the
company.
Page 22

Grand Union Wineyard Church Milton Keynes
Detailed Statement of Financial Artivilies
for the year ended 31 Marth 2021
Unrestrirted
funds Total funds
2021
2021
Total funds
2020
Income and endowments from:
Donations and legacies
Donations and Gifts
72,820
72.820
72,820
72.820
118,881
118,881
Charitable actNities
Charitable activities
678
678
5.931
5,931
678
678
Other trading activities
Other activities for generatine
funds
Activities for generating funds
Incoming resource5 from
generated funds
41.040
41,040
6.162
2.974
975
41.lYIO
41,040
io,iii
Other
Storehouse Grants
18.777
Tolal income and endowments
114,538
114,538
153.700
Expenditure on:
C05ts of generating donations and
legacies
Dirert church running activities
Gifts related to church activities
10.337
16.237
26.574
1.500
1,500
1,500
Totsl of expenditure on raising
funds
1,500
26.574
Charitable activities
Charitable activities
Other resources used
23.568
23,568
25.409
1.067
26.476
23,568
23,568
Total of expendlture on charitsble
acthiities
23.568
23,568
26,476
Employee costs
Salarieslwages
'Employer's NIC
Pension costs
40,673
407
40,673
407
. 58.938
10,550
5,510
119
3,025
3.025
Staff entertainment
Staff welfare
13
13
44.118
105
44.118
75,222
Page 23

Grand Union Vineyard Church Mihon Keyne5
Detailed Statement of Financial Activities
Travel and subsistence
Premises costs
Rent
Light. heat and power
Premises repairs and
maintenance
423
423
10.377
5,089
2,000
1,815
1.815
1,687
Other premises costs
1,109
5.347
1.109
5.347
17.153
General administrative costs.
including depreciation and
amortisation
Depreciation of Plant &
machinery
Depreciation of Fixtures. ffttings
& equipment
Bank charges
General insuran￿5
Software. IT 5UPPOrt and related
costs
242
242
323
1.512
1,512
2.015
152
152
1.376
218
1.376
1.782
1.707
1.707
2,119
Stationery and printing
Subscriptions
Sundry expenses
Telephone. fax and broadband
1.457
686
46
1.457
1,749
569
517
46
242
242
899
7.420
7,420
10,191
Legal and professional costs
Other legal and professional
costs
5.402
5,402
4,573
5,402
5,402
4,573
Totsl of expenditure of other costs
Total expenditt¢re
Net gain5 on investrnents
62,287
62,287
107,147
87.355
87,355
160,197
Nel incomel{e¥pendi￿rej
27,183
27,183
16.4971
Net incomèl(eKpenditure) before
other g•in5111055es)
Other Gains
27,183
27,183
16.4971
Net movement In funds
27.183
27,183
16.4971
Reconciliation of funds:
Total funds brought fonvard
199.459
32,650
232,109
238,606
Total fvnds carried forward
226,642
32,650
259,292
232,109
Page 24