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2022-03-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

VitaChurch

(A company limited by guarantee) Charity registration number: 1097602 Company registration number: 04726140

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham, Chichester West Sussex PO18 8NF

VITACHURCH

CONTENTS

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 16

VITACHURCH

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Christopher Simmons Evangeline Salisbury (resigned 25 February 2022) Michael Farkas Michael Bebee Secretary Christopher Simmons Charity Registration 1097602 Number Company Registration 04726140 Number

The charity is incorporated in England. Registered Office 38 Holland Road Hove BN3 1JL Independent Examiner G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham, Chichester West Sussex PO18 8NF Bankers The Co-operative Bank

Page 1

VITACHURCH

TRUSTEES' REPORT

The Trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2022.

Structure, governance and management

Nature of governing document

VitaChurch is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association. On 13th April 2021 it changed it’s name from Brighton Vineyard Christian Fellowship.

Recruitment and appointment of Trustees

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

Organisational structure

Chris Simmons (senior pastor and trustee) oversees the overall direction of the church supported by a small team of pastoral elders and trustees. The Elders focus on pastoral matters whilst the Trustees ensure that the charity operates in compliance with relevant regulations and guidelines, and oversee the church finances.

Risk management

The Trustees have a risk management strategy which comprises of a review of the key working policies and financial stability of the charity by meeting during the year. These reviews consider policies in the following areas:

This process identifies any areas of risk and uncertainty on an on-going basis, and allows the Trustees to consider changes in policies, systems and procedures to mitigate these risks.

Objectives and activities

Objects and aims

The company's objectives and principal activities are:

Page 2

VITACHURCH

TRUSTEES' REPORT

Public benefit

The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Objectives, strategies and activities

Use of volunteers

The church continues to rely heavily on a 'volunteer workforce', whether by fulfilling roles and responsibilities in the church activities or in the vital range of support and services offered to the local community. The value of these volunteers is impossible to quantify and is impossible to reflect in these accounts.

Achievements and performance

Overall

We have had a great year as a church, as we have successfully albeit slowly, moved ahead, leaving the restrictions of Covid behind us. In April 2021, schools reopened and there was a gradual removing of the many restrictions to civil society and the church. As civil society reopened, our church gradually began to fill with people again, as people hesitantly at first, began to return. We initially maintained many of the protocols from covid : - hand washing, gel at the front door, masks for those wanting them, separated seating.

Our church congregation was able to move forward, with God the Holy Spirit moving in our meetings, new people joining the church, and a reinvigoration of vision and life in the church. Many new people have chosen VitaChurch to be their home.

As church reopened, we had rebranded, with a new logo, new welcome sign, banners and signage etc.

Sunday Church

The church moved forward, at times stutteringly, out of Covid, as more people gained confidence in returning to “in person” meetings.

We have discovered, in a very positive way, that the restrictions placed on us by Covid meant we began to focus on what is most important in our meetings, and that is the person and work of the Holy Spirit. We have rebranded as VitaChurch and want the life coming from and through us to be the life of the Spirit, built on the bible. Our Sunday meetings represent our desire to be a word and Spirit church.

Kids Work

We were able to reintroduce a limited Kids work as we started April 2021. We gradually built back teams over the course of the year. We have our kids’ meetings on Sundays, and our Youth work during the week.

Page 3

VITACHURCH

TRUSTEES' REPORT

On any given Sunday church, the children stay in the service for a couple of worship songs, before being prayed for and leaving to their own church in another part of the building we hire. We are grateful for the space we can hire for the kids.

The kid’s work continues to be a work in progress, as we have children from newborn to young teens.

Small Groups

Our small groups each term have continued to be on Zoom, as this has proved both practical and beneficial to those attending.

We have focused our ‘in person’ churches efforts this year on our Sunday services.

Ministry to the disadvantaged and homeless

We continue to partner with a neighbouring Anglican Church, St Luke’s, Prestonville, to run an afternoon service once a month we call Carpenters Arms. This is aimed at the most disadvantaged members of our society. This service was moved to serving “take away” meals during Covid, and moved back to “in person” services in 2021. We ran a Christmas Service with over seventy in attendance, for a sit-down Christmas Roast dinner.

Our monthly services are complimented by three other churches that also provide a “sit down” lunch each month, and these lunches are advertised through the various homeless charities in the city. Our meals are increasingly well attended again, with guests coming month to month, for a hot meal and pudding, a short talk and prayer, and a chance to build community and talk.

Conference / Leaders Day

We held an evening conference and leaders day in Brighton City Centre, using one of Brighton’s many hotels. We had approx. eighteen pastors and their wives, visit for a couple of days fellowship prayer and worship. Duncan Wylie spoke at the evening conference, which was well attended, with the Holy Spirit very present. Our worship leader used a ministry song she wrote herself a week before. Its was a successful return to gathering people together, and for the first time in two years from various parts of the country.

Prayer

Our aim as a church, both individually and corporately is to increase the amount of prayer and fasting in the church. As “zoom” became the primary means for church members meeting together, and as people got used to its use, the amount and consistency of prayer in our church has increased. We started a prayer meeting that meets each weekday for half an hour at seven am, as well as a monthly evening prayer meeting which was also used as a fellowship group for the church.

Page 4

VITACHURCH

TRUSTEES' REPORT

Prayerchair - praying on the streets of our great city

As soon as the lock down restrictions were lifted, Prayerchair restarted in North Road and East Street in the city centre. People continue to come forward for prayer, with every demographic represented. The teams come from VitaChurch, and also other churches in the city, wanting to see the Good New of Jesus spread to people who wouldn’t otherwise set foot inside a church building.

Church Weekend Away - VitaCamp

We were able to reopen our Church weekend away, after the disappointment the previous year, of it being closed due to Covid.

The camp was successful, and the church was able to meet and fellowship together. The camp includes lots of worship and ministry, and time for prayer. The weather was perfect, with time for people to enjoy one another’s company, lots of games for the children and an open fire in the evening. A lot of people put in a lot of hard work to make the camp successful.

Conclusion

We want to thank God for His provision and support of our church again this year. It’s been a year of Spiritual growth for the church, seeing the activity and ministry of the Holy Spirit in our midst, and the desire for God’s will to be done in us and through us.

Financial review

The organisation recorded an unrestricted surplus for the year of £3,842 (2021 - £11,276). Unrestricted funds at the year end amount to £25,672 (2021 - £21,830).

Policy on reserves

Free reserves are those reserves free of any restriction that are available to meet the normal expenditure of the Church excluding that necessary to run the restricted activities. They provide a buffer of liquid funds to cover temporary shortfalls caused by an unforeseen decline in income or an unexpected increase in costs. Should any of these arise, these funds are intended to ensure that the charity can meet its contractual obligations to staff, premises and statutory bodies and its moral obligations to its donors. The Trustees have a desire to maintain a level of free reserves of 2 month's unrestricted expenditure.

Free reserves are currently the same as unrestricted funds. The charity does not currently hold restricted or designated funds.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Page 5

VITACHURCH

TRUSTEES' REPORT

Statement of Responsibilities

The Trustees (who are also the directors of VitaChurch for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the Trustees of the charity on 9 November 2022 and signed on its behalf by:

......................................... Christopher Simmons Company secretary and trustee

Page 6

VITACHURCH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VITACHURCH

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2022 which are set out on pages 8 to 16.

Responsibilities and basis of report

As the charity’s Trustees of VitaChurch (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 VitaChurch 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 VitaChurch 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.

...................................... G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham, Chichester West Sussex PO18 8NF

9 November 2022

Page 7

VITACHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

Note
Unrestricted
funds
£
Income and Endowments from:
Donations and legacies
3
104,529
Charitable activities
4
1,759
Total income
106,288
Expenditure on:
Charitable activities
5
102,446
Total expenditure
102,446
Net income
3,842
Net movement in funds
3,842
Reconciliation of funds
Total funds brought forward
21,830
Total funds carried forward
12
25,672		 Total
2022
£
104,529
1,759
106,288
102,446
102,446
3,842
3,842
21,830
25,672		 Total
2021
£
96,165
-
96,165
84,889
84,889
11,276
11,276
10,554
21,830

The notes on pages 10 to 16 form an integral part of these financial statements. Page 8

VITACHURCH

(REGISTRATION NUMBER: 04726140) BALANCE SHEET AS AT 31 MARCH 2022

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: Amounts falling due within one year
11
Net current assets
Net assets
Funds of the charity:
Unrestricted income funds
Unrestricted funds
Total funds
12		 2022
£
3,399
1,369
25,055
26,424
(4,151)
22,273
25,672
25,672
25,672		 2021
£
2,253
2,355
19,078
21,433
(1,856)
19,577
21,830
21,830
21,830

For the financial year ending 31 March 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The financial statements on pages 8 to 16 were approved by the Trustees, and authorised for issue on 9 November 2022 and signed on their behalf by:

......................................... Christopher Simmons Company secretary and trustee

The notes on pages 10 to 16 form an integral part of these financial statements. Page 9

VITACHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1 Charity status

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the Trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting 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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

VitaChurch meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Gift aid

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Page 10

VITACHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Grant expenditure

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Furniture and equipment

Depreciation method and rate 25% on reducing balance

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 11

VITACHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Fund structure

Unrestricted income funds are general funds that are available for use at the Trustees' discretion in furtherance of the objectives of the charity.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

3 Income from donations and legacies

Donations and legacies;
Donations
Gift aid reclaimed		 Unrestricted
funds
General
£
91,652
12,877
104,529		 Total
2022
£
91,652
12,877
104,529		 Total
2021
£
81,205
14,960
96,165

4 Income from charitable activities

Unrestricted
funds
General
£
Conferences and events
1,759		 Total
2022
£
1,759		 Total
2021
£
-

Page 12

VITACHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

5 Expenditure on charitable activities

Note
Catering costs
Children's work
Pastor's fees
Conference costs
Hospitality
Ministerial trips
Motor and travel expenses
Media
Venue costs
Office rent and rates
Telephone
Insurances
Books
Office, printing, post and stationery
IT costs
Subscriptions and licences
Training costs
Bank charges
Independent examination
Depreciation, amortisation and other
similar costs
Grant funding of activities
6
Staff costs
8		 Unrestricted
funds
General
£
686
1,259
38,250
3,420
1,912
920
1,198
7,551
8,700
10,500
754
2,706
205
1,005
1,636
731
366
-
780
1,172
9,959
8,736
102,446		 Total
2022
£
686
1,259
38,250
3,420
1,912
920
1,198
7,551
8,700
10,500
754
2,706
205
1,005
1,636
731
366
-
780
1,172
9,959
8,736
102,446		 Total
2021
£
46
559
38,250
-
397
136
426
3,415
2,765
9,800
994
2,616
104
1,024
1,001
317
-
14
840
899
12,678
8,608
84,889

Page 13

VITACHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

6 Grant-making

Analysis of grants

Grants Grants to institutions
2022
£
2021
£
6,818
8,521		 Grants to individuals
2022
£
2021
£
3,141
4,157

7 Trustee and related party transactions

Christopher Simmons, a Trustee, received self-employed payments of £38,250 (2021 - £38,250) as pastor of the church.

During the year, insurances where benefits are payable to the Simmons family amounted to £2,019 (2021 - £1,978).

The only other payments made to the Trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects.

Christopher Simmons is also a Trustee of "Life for Bangladesh" which received a donation of £800 (2021 - £1,100).

8 Staff costs

The aggregate payroll costs were as follows:

2022 2021 £ £ Staff costs during the year were: Wages and salaries 8,736 8,608

The number of persons (including senior management team) employed by the charity during the year was as follows:

Staff

2022 2021
No No
2 2

No employee received emoluments of more than £60,000 during the year.

Page 14

VITACHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

9 Tangible fixed assets

Cost
At 1 April 2021
Additions
Disposals
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
Eliminated on disposals
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
10 Debtors
Accrued income
11 Creditors: amounts falling due within one year
Other taxation and social security
Other creditors
Accruals		 Furniture
and
equipment
£
8,705
2,318
(1,824)
9,199
6,452
1,133
(1,785)
5,800
3,399
2,253
2022
£
1,369
2022
£
73
2,082
1,996
4,151		 Furniture
and
equipment
£
8,705
2,318
(1,824)
9,199
6,452
1,133
(1,785)
5,800
3,399
2,253
2022
£
1,369
2022
£
73
2,082
1,996
4,151		 Total
£
8,705
2,318
(1,824)
9,199
6,452
1,133
(1,785)
5,800
3,399
2,253
2021
£
2,355
5,800
3,399
2,253
2022
£
1,369
2022
£
73
2,082
1,996
4,151
2021
£
73
1,003
780
1,856

Page 15

VITACHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

12 Funds

12 Funds
Unrestricted funds
General
General Funds
Unrestricted funds
General
General Funds		 Balance at
1 April
2021
£
21,830
Balance at
1 April
2020
£
10,554		 Incoming
resources
£
106,288
Incoming
resources
£
96,165		 Resources
expended
£
(102,446)
Resources
expended
£
(84,889)		 Balance at
31 March
2022
£
25,672
Balance at
31 March
2021
£
21,830

13 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
3,399
26,424
(4,151)
25,672
Unrestricted
funds
General
£
2,253
21,433
(1,856)
21,830		 Total funds
at 31
March
2022
£
3,399
26,424
(4,151)
25,672
Total funds
at 31
March
2021
£
2,253
21,433
(1,856)
21,830

Page 16