2021-04-05-accounts

Registration Number 01125978

CHRIST THE VINE CHURCH

FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 April 2021

PROUDLOCKS ACCOUNTANTS LTD ACCOUNTANTS & TAX ADVISORS

CHRIST THE VINE CHURCH

Church Information

Trustees	Mrs Folakeemi Abidogun
	Dr Adeshola Adeniran
	Mrs Omolara Adebiyi
Company Number	1125978
Registered Office	5 Bessybrook Close
	Lostock
	Bolton
	BL6 4EA
Accountant	Proudlocks Accountants Ltd
	203 Manningham Lane
	Bradford
	West Yorkshire
	BD8 7HP
Banker	Lloyds TSB
Branch 1	Christ The Vine Centre
	Park View
	Harpurhey
	Manchester
	M9 5TF
Branch 2	Christ The Vine
	99 Derby Street
	Bolton
	BL3 6HH

CHRIST THE VINE CHURCH

Contents

	Page
Trustees' Report	1
Accountants' Report	2
Income & Expenditure Account	3
Balance Sheet	4
Notes to the Financial Statements	5
Detailed Income & Expenditure Account	6

CHRIST THE VINE CHURCH

Trustees' Report for the year ended 05 April 2021

The trustees present their report and the financial statements for the year ended 05 April 2021.

Prinipal activity

The principal activity during the period continued to be that of a church.

Trustees

Trustees who served during the period are as stated below:

Mrs Folakeemi Abidogun Dr Adeshola Adeniran Mrs Omolara Adebiyi

Results

The Income and Expenditure accounts on page 3 show a profit of £17,202 in the 12 months financial year ended 05 April 2021. Advantange has been taken of the special exemptions under the Companies Act 2006, in preparation of the Trustees Report. In the Trustees opinion the trust is entitled to those exemptions, having met the qualifications for a small company.

Small companies Regime

This report is prepared in accordance with provisions in Part 15 of the Company Act 2006 relating to companies subject to the small companies Regime.

This report was approved by the Board on 30 January 2022 and signed on its behalf by:

FAbidogun

Pastor in Charge Trustee

Page 1

CHRIST THE VINE CHURCH

Accountants' report on the unaudited financial statements to the trustees of: "Christ The Vine Church"

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 05 April 2021 set out on pages 3 to 5 and you consider that the company is exempt from an audit. In accordance with your instructions we have compiled these unaudited financial statements, in order to assist you to fulfil your statutory responsibilities, from the accounting records and information supplied to us.

Proudlocks Accountants Ltd 203 Manningham Lane Bradford West Yorkshire BD8 7HP

Date: 30 January 2022

Page 2

CHRIST THE VINE CHURCH

Income and Expenditure Account for the year ended 05 April 2021

Income Administrative Expenses Income(Loss) on ordinary activities before taxation Tax on Profit on ordinary activities Income(Loss) on ordinary activities after taxation Income(Loss) for the year	Notes 2		Y/E 05/04/2021 £ 47,656 30,454 17,202 - 17,202 17,202		Y/E 05/04/2020 £ 29,584 34,252
				-	4,668 -
				-	4,668
				-	4,668

The Notes on page 5 form an integral part of these Financial Statements. Page 3

CHRIST THE VINE CHURCH

Balance Sheet As at 05 April 2021

Fixed Assets Tangible Assets Current Assets Cash at bank and in hand Creditors: amounts falling due within one year Net Current Assets/Liabilities Net Assets Capital Account Accumulated Funds B/fwd Loss for the Year Accumulated Funds C/fwd	Notes	£ £ 2,466 22,692 22,692 1,150 - 21,542 24,008 6,806 17,202 24,008 05/04/2021 Y/E	£ £ 3,083 4,373 4,373 650 - 3,723 6,806 11,474 4,668 - 6,806 Y/E 05/04/2020	£ £ 3,083 4,373 4,373 650 - 3,723 6,806 11,474 4,668 - 6,806 Y/E 05/04/2020
	3 4
		22,692 1,150 -	4,373 650 -
				6,806
				11,474 4,668 -
				6,806

In approving these financial statements as Trustees of the company we hereby confirm:

(a) that for the year ended 05 April 2021 the company was entitled to the exemption from audit under section 477 of Companies Act 2006.

(b) that the members have not required the company to obtain audit in accordance with section 476 of the Companies Act 2006.

(c) that the trustees' acknowledge their responsibilities for:

i) ensuring the company keeps accounting records which comply with Section 386; and

ii) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit and loss for the financial year, in accordance with the requirements under Section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicablt to the company.

(d) these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the Board on 30 January 2022 and signed on its behalf by

Pastor in Charge Trustee

The Notes on page 5 form an integral part of these Financial Statements.

Page 4

CHRIST THE VINE CHURCH

Notes to the financial statements for the year ended 05 April 2021

1 Accounting Policies

1.1 Accounting Convention

The financial statements are prepared under the historial cost convention and in accordance with the Financial Reporing Standard for Smaller Entities (effective June 2002).

1.2 Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

1.3 Tangible Fixed Assets and Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

F&F & Equipment

- 20% Reducing Balance

1.4 Stock

Stock is valued at the lower of cost and net realisable value.

1.5 Deferred Taxation

Provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes except to the extent that the directors consider that a liability to taxation is unlikely to materialise.

2 Turnover

The total turnover of the company for the period has been derived from its principal activity wholly undertaken in the UK.

3 4	Fixed Assets Cost: As at 06 April 2020 Additions As at 05 April 2021 Depreciation As at 06 April 2020 Charge for the year As at 05 April 2021 Net Book Value As at 05 April 2021 As at 05 April 2020 Creditors:amounts falling due within one year Other Creditors PAYE Accruals		Fixtures & Fittings £ 38,079 - 38,079 34,996 617 35,613 2,466 3,083 Y/E 05/04/2021 £ 650 - 500 1,150		Total £ 38,079 -
					38,079
					34,996 617
					35,613
					2,466
					3,083
				Y/E 05/04/2020 £ - 650
				650

Page 5

CHRIST THE VINE CHURCH

Detailed Income and Expenditure Account for the year ended 05 April 2021

Income Tithe Offerings Council Grants Convention Administrative Expenses: Employee Costs: Wages Travel and Subsistence Premises Costs: Rent & Water Light & Heat Gardening Insurance General Administrative Expenses: Telephone Printing & Stationery Church Programmes & Activities Music Subscription Depreciation Legal & Professional Costs: Consultancy & Training Fees Accountancy Operating Profit/Loss	£ £ 27,308 8,598 10,000 1,750 47,656 1,300 - 1,300 15,935 1,992 - 954 18,881 - 948 8,208 - - 617 9,773 - 500 500 30,454 17,202 Y/E 05/04/2021	£ £ 27,308 8,598 10,000 1,750 47,656 1,300 - 1,300 15,935 1,992 - 954 18,881 - 948 8,208 - - 617 9,773 - 500 500 30,454 17,202 Y/E 05/04/2021	£ £ 24,629 4,215 - 740 29,584 1,849 2,188 4,037 16,927 5,525 625 967 24,044 506 1,312 2,932 150 - 771 5,671 - 500 500 34,252 4,668 - Y/E 05/04/2020	£ £ 24,629 4,215 - 740 29,584 1,849 2,188 4,037 16,927 5,525 625 967 24,044 506 1,312 2,932 150 - 771 5,671 - 500 500 34,252 4,668 - Y/E 05/04/2020	£ £ 24,629 4,215 - 740 29,584 1,849 2,188 4,037 16,927 5,525 625 967 24,044 506 1,312 2,932 150 - 771 5,671 - 500 500 34,252 4,668 - Y/E 05/04/2020
	1,300 -		1,849 2,188
	15,935 1,992 - 954		16,927 5,525 625 967
	- 948 8,208 - - 617		506 1,312 2,932 150 - 771
	- 500		- 500
					4,668 -

Page 6