Reports and Financial Statements For the year ended 31st March 2024. York Vineyard Company Registration Number 6666388 Charity Registration Number 1125764
York Vineyard Trustees Report The trustees present their report and financial statements for the year ending 31 st March 2024. Reference and Administrative details Registered Charity No: 1125764 Company No: 6666388 Principal Bankers.. HSBC 13 Parliament Street York Y018SG. Kingdom Bank Ltd Media House Padge Road Beeston Nottingham NG9 2RS Registered Office: 65 Carr Lane York Y026 5HN Company Secretary.. Mr D. Heaton Insurance details: Congregational Currer House Currer Street Bradford BD1 5BA Website.. .yOrkvineyard.cOm info@yorkvineyard.com
York Vineyard Structure Governance and Management Governing Document York Vineyard is a registed charity, charty number 1125764, duly constituted by means of its Memorandum and Articles of Association and operating as a church. The church was registered a charty on 6th August 2008. Organisational Structure York Vineyard is a company limited by guarantee as well as a registered charity, in which the company directors also form the board of Trustees. The liability of each Trustee in the event of a winding up is limited to £1. The day to day running of the church is led by Jonathan Abbey and Nicki Abbey who are Senior Leaders and trustees" they, abng with volunteers implement the objectives and execute the administration of the charity. York Vineyard is connected to the charity Vineyard Churches UK which was formed with the purpose of joining together churches that hold common values and praCtiS. It gives oversight to the pastors of Vineyard churches and facilitates church planting. It helps. serves, and slrengthens the churches by leading, training, resourcing, administrating and providing pastoral support to Senior Pastors. York Vineyard uses the name by agreement with VCUK&I. York Vineyard gives 5Yo of Fts income to support the work of VCUK&I. This is consistent with the church's aims of sharing in training of Christian workers and advancing the Kingdom of God. Trustees The trustees who have served during the year are as follows: N. Abbey Chairman M. J. Abbey D.S. Gill D.W. Heaton J. Foster Dr R Oligoke Appointment of Trustees Trustees are appointed from candidates who are generally from within the Vineyard movement and considered based on their skills. experience and sympathy with the aims of York Vineyard. Most of the current trustees also act as twstees wrth other Charities and so are eXperiend in such capacity. We hold training days for trustees to keep them up to date. MJ Abbey and N Abbey in addition to Trustees are both paid full time employees of the charity.
Risk Management The systems of intemal control are designed to provide reasonable but not absolute, assurance against material misstatement or loss. They include: 1. An annual budget approved by the Trustees. 2. Regular consideration by the Trustees of financial reports. 3. Delegation of authority and of duties. 4. Identification and management of risks. The Trustees aim to review on a regular basis the main risks that the church faces and are of the opinion that adequate systems are in place to mitigate any significant matters arising from operational and business risks. The Trustees are aware of the Hallmarks of a well-run charty and seek to run this charity in accordance with them. The charity runs a purchase order system for approving of expenditure prior to commitment. Objectives The principal objects of the charity are as follows. To grow the Vineyard church in York in order that we can fulfil our mission which is, furthering of the gospel of Jesus Christ, building up the faith of Christian believers, sharing in the training of workers. promoting Christian education advancing the Kingdom of God and bringing relief to the poor, the needy. the sick and elderly. In support of these objects the Church receives gffts and donations by its attendees and supporters and many ofthese are given by way of Gift Aid and so are further enhanced by a tax reclaim. In the execution of the objects of the Church, we express them in specific and practical ways described below and as such, the application of its resources are similarly displayed in the financial statements. The aim of York Vineyard is to extend the Kingdom of God by drawing people into a relationship wtth Jesus Christ through its activities. We seek to do this by our Sunday meetings, mid-week groups, training events, seminars and outreach programmes. We seek to bring both adults, young people, and children into a greater spiritual, intellectual and moral awareness and to advance the practical application of Christianity. We seek to express Ihe love and mercy of God to both those inside the church and in the community outside. We do this in particular through our compassion and mercy ministries. These ministries feed and clothe the homeless, visit the sick and elderly and reach oul to drug addicts. This work is done by a voluntary workforce who have theMseeS experienced Gods help and want to offer practical help to others in need. We seek to help people with better life skills, in relationships, marriage, money, work habits, community life. and education. We seek to fulfil our objectives through the following means: Pastoral Care. Training and life skills. Work among the poor and underprivileged. Outreach to the community. Worship services with teaching. Children and young adults training and lifeskills.
Activities and Performance Objectives for the Year. . To carry out the main objectNes outlined above . To expand by establishing a second Sunday servi. . To set up and establish a hub for wrc theology in Hamrton House To host and facilitate training events for the wider church. In October 2023 we stsrted a second Sunday service to accommodate growing numbers, we now run a 9.30am and 11.15am service. On top of this we are developing our Ryedale site in Matton. In September 2023 in partnership with York Communty Church we became a hub for vIc theology enabling people to study part time programmes and different courses up to MA. We received a grant of Two thousand pounds from YCC, and one thousand pounds from both One vol York and Hull Vineyard. York Vineyard invested six thousand pounds as part of our annual giving which went towards set up costs and the salary of a part time Hub director. We have continued to develop the Trussel Trust foodbank giving out hundreds of food parcels to those in need. We have another team of volunteers. Grow Baby, distributing clothing for (k5-year-olds to families in need. We continue to host and facilitate several training events for the wider church. These have been organised by the church and other Christian churches which is in keeping with our vision to serve the wider church. We gratefully r1Ved a grant of £41,300 from the Benefact Trust for building development which will enable us to achieve so many more of our objectives, particularly with our compassion ministries. We hope to stsrt these developments in 2024-25. Pastoral Care. We mainly operate this through small groups (we have 20 groups operating) of about &12 people, which are headed up by trained leaders, and in that smaller communty of a weekly meeting, most needs would be taken care of. In cases where there is a greater need pastorally, the individual or family concemed would be allocated time with the Senior Pastors and our Pastoral staff. Training. We seek to train leaders in pastoral issues, training people with regards to ministering to the poor and outreach to the community. We hold various seminars in which we include life skills, marriage courses, parenting, ethical living, discipleship and leadership. Ministry to the poor. We are doing work with the homeless and vulnerably housed seeking to help those in need by sign posting and also through the distribution of food parcels. We also have worked alongside other churches in seeking to alleviate the poverty in the city. We distributed Christmas hampers to those in need working with Besom. Outreach to the community. Here we seek lo touch the communty with God's love with acts of kindness such as handing out small gifts. helping people to clear their gardens, decorating homes, praying with the sick and troubled, we also have a team that visit the elderly on a regular basis and hold ServIS for this age group. Worship Services.. Here we give practical biblical teaching to enable members and visitors to have a God centred lifestyle. We did this with a mixture of online services and in person services. Children and young adults: We have various groups for our children and youth in which life skills are taught along with practical biblical teaching to enable them to live a God centred lifestyle. We have up to 80 young children involved in these groups. We also give training on serving the greater communty.
Res onsibilities of the Board of Trustees. Charity and company law requires the Board of Trustees to ppare financial statements for each financial year. which give a true and fair view of the state of the affairs of the charity, and its incoming and outgoing resources for the period. In preparing those financial statements the Board of Trustees should follow best Practi and are required to. Select suitable accounting policies and appty them consistently. Make judgements and estimates that are both reasonable and prudent., Comply with relevant accounting standards, and give clear explanation when they are departed from. Prepare financial statements on a going concern basis. The Board of trustees is responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time. the financial position of the Charity (suitable for publication) and to enable them to comply with relevant charity legislation current at that time. They must also see that the charity is operating efficiently and effectively while safeguarding the assets against fraud or theft. MJ Abbey......... Trustee l Director
Inde endent Examiners Re ort to the Tru$teeslDirectors of York Vine for the Year Ended 31" March 2024 ard on the Accounts I report to tlie charity trustees oli my exainination of tlie accounts of the company for the year ended 31" March 2024. As the charity's trustees of the company, who are also the directors of the company for the purposes of company law yoii are responsible foi. the pr¢paration of accounts iii accordance with th¢ requirements of the Companies Act 2006. Having satisfied myself that the accounts of the coimpany are not required to be audited this year under Part 16 of tlie 2006 Act and are eligible for independent examination, I report in respect of my exaniination of your ¢liarity's accouiits as carried out linder Section 145 of the Charities Act 2011. In canying out my examination I have followed the Directors given by the Charity Commission under Section 145(5}(b) of tlie 201 l Act. I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that accounting records were not kept in accordance with Section 386 of the Coinpanies Act 2006, or the accounts do not accord witli such records, or the accounts do not coinply with relevant accounting requirements under Section 396 of the Coinpaiiies Act 2006 otliei. than any r¢quirement that the accounts give a true and fair view which is not a inatter considered as part of the independent examination, or the accounts liave not been prepared iii accordanc¢ with the Cliarities SORP (FRS 102) I have no concerns and have come across no other matters in connection with the examination to which atteiition sliould be drawli in tliis report iii order to enable a proper understanding of the accounts to be reachcd. Michael Ward FCA 4 Tower Street York YOI 9SB
ststement of Financial Activities (including the Income & Expenditure Account) for the year to 31 St March 2024. Unrestricted Restricted funds Designated funds 2023124 Total funds Total funds 2023124 2023124 2022123 Notes Incoming resources from generated funds Grants and gifts received Other Income Investment income 1c 249,564 83,741 333,305 241,937 1,084 1,084 176 Total incoming resources 250,648 83,741 334,389 242,113 Resources Expended Charitable activities Governan costs 269.809 17,560 4000 273,809 17,560 242,306 15,936 Totsl resources expended 287,369 4000 291,369 258,242 Net {resoue$ expended)lincoming for the period and net movement in funds Total funds Brought forward 36,721 79,741 43,020 16,129 330,200 330,200 346,329 Balance carried forward 31st March 2024. 293,479 79,741 373,220 330,200
Balance sheet as at 31¥t March 2024 Notes As at 31°, March 2024 As at 31st March 2023 Fixed Assets Tangible Fixed Assets 739.846 Current Assets Debtors and prepayments Cash at Bank and in hand 10 126,471 69,889 Creditorn: due within a year 11 1.699 1,000 Net Current Assets 124,772 68.889 Creditors: Long term 12 470,554 478,533 Net Assets 373 222 330,202 Funds Funds Unrestricted Restricted Designated 293,481 41,300 38,441 330,202 Total Funds 373,222 330,202 For the year ending 31 St March 2024 the company was entitled to exemption from audit under section 477 of the Companies Acl 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts in accordance with section 476 of the Companies Act 2006. The directorfs acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies regime and in accordance with FRS102SORP M J Abbey Trustee l Director
Notes to the financial statsments For the year ended 31$1 March 2024 l. Accounting Policies Accounting Convention The accounts have been prepared under the historical cost convention with items recognised at cost or transfer value untess othebwise stated in these accounts. The accounts have been prepared in accordance with the Ststement of Recommended Practi, Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK, FRS102 issued on 16th July 2016 b. Funds Accounting All funds have been analysed into their different types, namely unrestricted fvnds. which are not subject to any special restrictions, and they can be used as the Trustees decide. Restricted funds are where the donor has imposed restrictions on how the fund may be used, but which do not prevent the fund being spent. Endowment funds are where the capital may not be spent but which allows income to be used. York Vineyard has r1Ved no endowment funds. Restricted grants for the purchase of fixed assets are taken to a capital reserve account and the associated depreciation is charged to that account over the life of the asset. Incoming Resources Donations and tithes are credited to the financial statements as reived. Tax refunds are not tsken until received, however, the amount receivable is calculated and noted in the accounts. The value of services provided by volunteers has not been included in these accounts. d. Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT. which cannot be recovered. and is reported as part of the expenditure to which tt relates. Charitable activities expenditure comprises of those costs incurred by the charty in the delivery of its activities and service for beneficiaries. It inc5udes costs of an indirect nature necessary to support them. As noted in the Twstee's Report the principal objects of the charty are advancement of the Christian Faith, Relief of the poor and needy, the sick and the elderly and the furtheran of religious and secular public education including the provision of lrfeskills. These are practically expressed under the following activities: Pastoral care., Training and lifeskills; Work arnong the poor" Outreach to the community. Worship seriices. Work among children and young adults. As such all expenditure is anatysed under that basis. io
Notes to the financial ststements For the year ended 318t March 2024 Govemance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include audit fees, and costs linked to the strategic management of the charity. e. Fixed Assets and Depreciation Fixed assets are capitalised (net of grants) if the expenditure is over £500 and have an expected economic life of more than two years, except where the purchase is part of a larger project, whtch will amount in total to over £500 and have a useful life in eXsS of two years. Depreciation is based on 25 /0 on the year-end reducing balance except in the case of the buildings, which are depreciated on a straight-line basis over 25 years. As no specific valuation for land and buildings exists the Trustees deem for depreciation purposes the buildings to represent 400/0 of the land and buildings initial gross cost. Freehold land is not depreciated. f. Comparative figures All comparative figures are presented on a like for like basis. 2. Income and Expenditure Income and related expenditure is wholly attributsble to the Charity's principal activities. All income arises in the UK. li
Notes to the financial statements For the year ended 313t March 2024 3. Totsl resources expended Pastor Children Out- &Care & Youth reach Poor Training Worship Services Total 2024 Totsl 2023 Costs Directly related to activities 1,721 9.725 5.136 2,068 8,480 45.765 72,895 60,717 Grant & gifts (Basis-direct) 13,500 4,024 17,524 20,021 Staff costs (Basis- usage) 30,155 15,078 15,078 15,078 15,078 45,233 135,700 115,245 31,876 24,803 33,714 21.170 23,558 90,998 226,119 195,983 Support costs General office administration Mortgage Interest Finan Costs 2,085 1,042 1.042 1,042 1,042 3.128 9,381 6.289 1,000 6.000 6.000 6,000 3,000 13,174 35,174 26,753 3,658 Building Refurbishment 3,135 3,135 9,623 3,085 7.042 7,042 4,042 19.437 47,690 46,323 34,961 31,845 40,756 28,212 27.600 110.435 273,809 242,306 12
Notes to the financial ststements For the year ended 31st March 2024 4. Grants and gifts Unrestricted funds Restricted Totsl for funds 2023124 Total for 2022123 Grants made during the period were as follows= Vineyard Churches UK VCUK&I Ukraine Appeal Ministry to the poor Shine Relief Trust Wharfedale area Yoyo Universty of York ST J Besom Hull Vineyard Education centre local 12,500 12,500 10,000 5,000 993 2.000 500 500 3000 500 3,000 1,000 75 1,000 75 298 1,230 449 17,524 449 17.524 5. Governance costs Year 2023124 Year 2022123 Staff Costs offi costs 16,517 1,043 15.237 699 17,560 15,936 6. Taxation York Vineyard is a registered charity and is accordingly exempt from taxation on its charitable activities. 7. Staff costs reflect salary. social security and pension contributions. £86,744 attributed to the two paid trustees. 13
Notes to the financial statements For the year ended 31st March 2024 8. Fixed Assets Freehold Land & Buildings Fixtures and Fittings lincl. Computers) Total COST As at 1$¢ April 2023 Transfer Additions 752,122 37.353 789,475 2,113 2.113 Disposals As at 31 March 2024 752 122 791,588 DEPRECIATION As at 1. April 2023 Transfer Charge for the year Charge to Capital Grant Reserve Eliminated on disposal As at 31 March 2024 21,201 28,428 49,629 20.330 2,626 22.956 41.531 31,054 72,585 NET BOOK VALUES As at 31 March 2024 710.591 8.412 719,003 14
Notes to the financial statements For the year ending 31st March 2024 9. Funds and their analysis between assets Unrestricted Restricted Fund Fund Designated Fund Totsl As at 1st April 2023 Incoming Resources for period Resources Expended for period 330,201 250,648 287.369 330,201 334.389 291.369 45.300 4000 38,441 Balance as at 31 March 2024 Capital Grant Resenie Movement Total ReSoUS as at 31 March 2024 293,480 41,300 38,441 373,221 293,480 41,300 38,441 373,221 Total funds can be analysed as follows Fixed assets Mortgage Current Assets Creditors 719,004 470,554 46,730 1,699 719,004 470,554 126,471 1,699 41,300 38.441 Total 293.481 41,300 38,441 373,222 The designated and restricled funds held at 31. March 2024 are in respect of planned improvementsldevelopments of the freehold premises. 10. Debtors As at the 31 st March 2024 the charty had no debtors. 11. Contingent Liabilities There are no known contingent liabilities 12. Long tenn liabilltles There is a mortgage liability on the property Hamilton House at 3 Fawcett Stet. The mortgage is with Kingdom Bank for £490,000 to be repaid over 30years. As of 31" March 2024 amount due £470,554 13. Reserves Policy The trustees have considered the level of reserves they wish to retain. appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charty will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily. 15