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2022-06-30-accounts

SEVERN VINEYARD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2022

Company Registration Number 06952398 Charity Number 1130698

SEVERN VINEYARD

FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

Contents Pages
Trustees’ Annual Report 1 to 7
Reference & Administrative Information 8
Independent Examiner’s Report 9
Statement of Financial Activities 10
Balance sheet 11
Notes to the financial statements 12 to 21

SEVERN VINEYARD

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 JUNE 2022

The Trustees present their report and financial statements for the period ended 30 June 2022.

Governing Document

Severn Vineyard is a registered charity, charity number 1130698, incorporated on 14 July 2009, duly constituted by means of its Memorandum and Articles of Association and operating as a church.

Organisational Structure

Severn 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 day to day running of the Church is delegated to the employed Lead Pastors: Rev. O R Lynch and Rev. C Lynch both of whom are also Trustees. The liability of each Trustee in the event of a winding up is limited to £1.

Connected Charities

Vineyard Churches UK & Ireland (“VCUKI")

VCUKI (registered charity number 1099748) was formed with the purpose of joining together churches that hold common values and practices. It gives oversight to the pastors of Vineyard churches and facilitates church planting. It helps, serves and strengthens the churches by leading, training, resourcing, administering and providing pastoral support to senior pastors. Severn Vineyard uses the name Vineyard by licence agreement with VCUKI.

Severn Vineyard aims to give 5% of its unrestricted income to support the work of VCUKI. This is not an obligation but is consistent with the Church's aims of sharing in the training of Christian workers and advancing the Kingdom of God.

Objectives & Activities

The objectives of Severn Vineyard are:

  1. The advancement of the Christian faith including the planting of new Vineyard churches;

  2. The advancement of Christian education, through the production of talks, podcasts and Bible study materials;

  3. The relief of sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling, training in life skills and support in such parts of Bristol, the UK or the world as the Trustees from time to time may see fit;

  4. The provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities with the objective of improving their conditions of life.

1

SEVERN VINEYARD

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 JUNE 2022

Achievements and Performance

Performance against Objectives

The level of performance against objectives is, in the main, a reflection of the activity of the members of Severn Vineyard who volunteer their time, energy and money freely because of their faith in God.

The advancement of the Christian faith including the planting of new Vineyard churches

Recognising the unique contribution that the Christian faith makes to the emotional and spiritual health of individuals, families and communities, there has been significant investment in pathways, courses and content including:

The result of this focus on emotional and spiritual health has been many stories of positive change in mental health and relationships amongst those who have participated in these pathways, sessions and courses.

Investment in staff and leaders has contributed to a pipeline of leaders who are able to lead community groups and teams who will continue to lead the advancement of the Christian faith in Bristol and beyond. Plans for the planting of a third Vineyard church are being developed and the leaders are being trained.

During the year Owen Lynch has served as the Regional Vineyard Multiplication Coordinator for the South of England and Wales. In this role he has contributed to the planting of three new churches in Southampton, Stoke on Trent and Pembrokeshire as well as helping with the transition of Vineyard Senior Pastors in Taunton, Trowbridge and Bournemouth.

The advancement of Christian education

Anecdotal evidence suggests that repeated spiritual experiences of Christ Jesus incrementally and radically transform the mind, body and soul. A key part of this is theological education.

Christian theological education has been delivered in a variety of formats to children, teenagers and adults, utilising digital platforms and in-person community gatherings.

The staff team plays a key role in leading and coordinating the Christian education of the whole church including:

2

SEVERN VINEYARD

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 JUNE 2022

The staff team have worked with volunteer teams to run weekly events for people of all ages including children, youth, families, students, young adults, singles and couples.

Some of this work is done in collaboration with other churches in the UK Vineyard movement and with third party organisations like Fusion and Emotionally Focussed. Our association with the Vineyard movement in the UK and Ireland is particularly central to our programme with National events such as “Dreaming the Impossible” (DTI), “Cause to live For” - events and networks that connect youth and young adults. The Vineyard national networks for Kids and Family Pastors, Youth and Students Pastors, Worship Pastors and Lead Pastors are especially helpful for equipping and networking.

Severn Vineyard also contributes to the wider Vineyard movement by releasing the Lead Pastors to serve as Vineyard Area Leaders for the West Country and Wales providing oversight and support to seven other Vineyard churches in the area.

The relief of the poor and needy, and those who are aged or sick

Recognising God’s particular determination throughout the Bible to protect and care for the vulnerable and marginalised, Severn has continued to commit significant amounts of time, energy and money to help the most vulnerable and marginalised in Bristol.

Food Poverty:

Severn Vineyard continued to run an emergency food-bank in partnership with Bristol Vineyard Church and the East Bristol Food-bank (part of the Trussell Trust network) serving the BS4 area of South Bristol. In the twelve months to 30th June 2022 the food-bank fulfilled 560 Vouchers, delivering food to a total of 825 adults and 615 children.

In December 2021, Severn Vineyard provided over 50 Christmas food packs and 75 vouchers for children’s gifts to vulnerable families who have accessed our community services in the previous 12 months.

Vulnerable Families:

Severn Vineyard has worked in partnership with Home for Good to provide Foster Carers with a support group and families associated with Severn continue to serve as foster carers.

Our Storehouse has continued to provide support for vulnerable families with free children’s clothing and baby equipment.

Severn Vineyard works in partnership with Easton Academy and two churches to provide an Early Intervention Mentoring Scheme for primary school children.

3

SEVERN VINEYARD

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 JUNE 2022

Severn Vineyard continues to provide life skills training courses in partnership with Christians Against Poverty (CAP) and a church in the Hartcliffe area of south Bristol. Providing education and support to vulnerable families, the course provides parents with key life skills to help their families flourish.

Homelessness:

Severn Vineyard Soup Run teams have continued to provide food, hot drinks and toiletries alongside a listening ear to homeless people twice a month, serving up to 40 people a night.

Debt advocacy and support:

In partnership with Christians Against Poverty (CAP) Severn Vineyard provides debt advocacy and support to people in the BS3, BS4, BS13, BS14 postcode areas of Bristol. In the twelve months to 30th June 2022 25 people have been helped by this service. This service is run in partnership with several churches in south Bristol who provide be-frienders to walk with the clients through their journey to becoming debt free.

Refugees and Asylum Seekers:

Severn Vineyard has provided support to refugees and asylum seekers, through our partnership with Bridges for Communities. In the twelve months to 30th June 2022, Severn was again a key partner of Bridges for Communities, providing £2,400 of financial support. Many people associated with Severn also volunteer with Bridges for Communities as befrienders.

The provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities with the objective of improving their conditions of life

Recognising that no community exists in isolation, Severn has sought to catalyse community groups within local neighbourhoods and among people with similar interests. These groups have helped to counter the inherent loneliness experienced in the city, strengthen neighbourhoods and bring together people whose differences could have kept them apart.

Severn Vineyard staff and volunteers have worked together to gather and connect children, youth and students with age-specific activities and events.

Severn has a pastoral support network to respond to the pastoral needs of members of the church community who are struggling with personal challenges.

As well as community groups, our staff organise teams of volunteers that support the infrastructure of Severn Vineyard. Whilst these teams are essential for the operation of the church, they are also a primary way to provide a forum for friendship to flourish.

In planning church activities, the trustees have paid due regard to the Charity Commission’s guidance relating to activities for the public benefit.

Financial review

The finances of Severn Vineyard during 2021-22 show that the trustees have focused expenditure on the four main objectives of the charity.

4

SEVERN VINEYARD

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 JUNE 2022

Restricted funds include funds received for the ongoing building campaign and funds received for the CAP debt advocacy service and Vineyard BS4 Foodbank.

Principal funding has come from donations made by members of the church. A significant proportion of the donations have been made under the Gift Aid scheme, whereby HM Revenue & Customs returns the tax paid on those donations to Severn Vineyard.

Note 3 to the accounts details how the expenditure in the period has supported the church’s key objectives.

Income for the year was £313,196, and expenditure was £311,632, resulting in an overall surplus for the year of £1,564.

Appointment of Trustees

New Trustees are nominated by other Trustees during Trustees’ meetings. Open discussions are conducted within the meetings regarding the candidates’ suitability for the role, commitment to Severn Vineyard, and cross referenced to the skills gaps on the Trustee Board. Potential candidates are approached by one of the Lead Pastors and/or the Chair of Trustees, and the candidate is asked to prayerfully consider whether they might serve the Church in this way. Once the candidate confirms they would be happy to undertake this responsibility, they are invited to a Trustees’ meeting and appointed as a Trustee. One of the Trustees will meet with them to go through the Trustee job description, as well as assign them a particular function/department.

Remuneration of Key Management Personnel

Remuneration for key management personnel is guided by a pay spine document developed by a former Trustee of Severn, in line with Vineyard UK pay guidelines. A remuneration committee meets to review the salary and package for the Lead Pastors. The Lead Pastors are responsible for the setting of the remuneration of rest of the staff team in line with policy agreed with the Trustees.

Investment Powers and Policy

The constitution of Severn Vineyard authorises the Trustees to make and hold investments using the funds of the Charity.

Cash balances are currently held with several banks to protect the charity from undue exposure to a single institution.

Reserves Policy

Rationale:

Severn Vineyard aims to maintain reserves in order to cover short term fluctuations in income and expenditure. The charity actively maximises its liquidity by submitting frequent claims for gift aid and close management of cash flow.

5

SEVERN VINEYARD

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 JUNE 2022

Maintenance:

The Trustees aim to review, on a half-annual basis, the level of reserves held. At present they consider a minimum level of £20,950 necessary to cover outstanding contractual expenditure should the charity be unable to continue. The current free reserves ensure that the charity can cover all contractual expenditure. Free reserves at the year end are £98,404, which continues to be above the level required by the reserves policy, however the budget for 2022/23 will bring the reserves into the target range.

Review of Policy:

The Trustees aim to review whether the Policy itself remains appropriate at least once per year.

Risk Management

The systems of internal control are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. They include:

The Trustees aim to review the main risks facing the church, and the controls over key financial systems, on a regular basis. The trustees are of the opinion that adequate systems and resources are in place to mitigate any significant matters arising from operational and business risks. The Trustees are pleased to confirm that the internal financial controls, in particular, conform to guidelines issued by the Charity Commission.

Plans for future periods

In line with the charitable objectives, Severn Vineyard will continue to contribute to the spiritual, cultural and social wellbeing of the residents of Bristol and the surrounding area.

Plans for the next two years involve:

6

SEVERN VINEYARD

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 30 JUNE 2022

Trustees’ responsibilities in relation to the financial statements

The trustees (who are also directors of Severn Vineyard for the purposes of company law) are responsible for preparing the Trustees’ Report (incorporating the strategic report and directors’ report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the 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 adequate accounting records that 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.

Approval of Accounts

Mar 24 2023

The accounts were approved on behalf of the Trustees on …………………… by:

Greg Nixon Claire Lynch Trustee/Director Trustee/Director

7

SEVERN VINEYARD

REFERENCE & ADMINISTRATIVE INFORMATION

YEAR ENDED 30 JUNE 2022

Company number

06952398

Charity number

1130698

Trustees

The Trustees (who are directors for the purpose of company law) who have served during the year and since the year end were as follows:

G A Nixon Rev O R Lynch Rev C Lynch P M Howells A H Pudner appointed November 2021 R Roberts appointed August 2021, resigned December 2022

Secretary

P M Howells

Registered Office

Totterdown Methodist Church Bushy Park Bristol. BS4 2EG.

Independent Examiner

Joshua Kingston BSc ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

8

SEVERN VINEYARD

INDEPENDENT EXAMINER’S REPORT

YEAR ENDED 30 JUNE 2022

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2022.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Joshua Kingston BSc ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Mar 24 2023

Date………………………..

9

SEVERN VINEYARD

STATEMENT OF FINANCIAL ACTIVITIES (Including income and expenditure account)

YEAR ENDED 30 JUNE 2022

Notes
Income from:
Donations and grants
2
Investments
Other income - profit on sale of van
Total income
Expenditure on:
Fundraising
Charitable activities
3
Total expenditure
4
Transfers between funds
Net movement in funds
Total funds brought forward
12
Total funds carried forward
12
Net income		 Unrestricted
Funds
£
278,270
16
-		 Restricted
Funds
£
34,176
734
-		 Total funds
2022
£
312,446
750
-		 Total funds
2021
£
330,613
1,320
110
278,286 34,910 313,196 332,043
44
294,549		 -
17,039		 44
311,588		 775
246,465
294,593 17,039 311,632 247,240
(16,307)
3,548		 17,871
(3,548)		 1,564
-		 84,803
-
(12,759)
119,823		 14,323
402,449		 1,564
522,272		 84,803
437,469
107,064 416,772 523,836 522,272

The company has no recognised gains or losses other than the results for the year as set out above.

All of the activities of the company are classed as continuing.

The comparative Statement of Financial Activities is shown in note 6.

The notes on pages 12 to 21 form part of these financial statements

10

SEVERN VINEYARD

BALANCE SHEET

AT 30 JUNE 2022

Notes
Fixed assets
7
Current assets
Debtors
8
Cash at bank
Creditors: Amounts falling due within one year
9
Net current assets
Net assets
Funds of the charity
Restricted funds
13
Unrestricted funds
13		 2022
£
5,279
12,659
518,017		 2021
£
7,254
16,273
515,356
530,676
(12,119)		 531,629
(16,611)
518,557 515,018
523,836 522,272
416,772
107,064		 402,449
119,823
523,836 522,272

For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities;

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006,

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Mar 24 2023

These financial statements were approved by the trustees on……................................... and are signed on their behalf by:

Greg Nixon Trustee

Claire Lynch Trustee

Company registration number 06952398

The notes on pages 12 to 21 form part of these financial statements

11

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

1 Accounting policies

a) Basis of preparation

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2019.

The charity is a public benefit entity as defined under FRS102.

The Trustees consider that there are no material uncertainties affecting the ability of the charity to continue as a going concern.

b) Income

Income from donations is included in income when these are receivable, except as follows:

I. When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods;

II. When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met.

c) Expenditure

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that activity inclusive of VAT. Support costs and costs that cannot be directly attributed have been allocated to activities on a basis consistent with the use of the resource.

Costs of charitable activities comprise the expenditure associated with achieving the charitable objectives and activities of Severn Vineyard.

Governance costs comprise the costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs are included within support costs.

Expenditure is allocated to a particular activity where the cost relates directly to that activity.

Support costs include central functions and have been allocated to activity cost categories based on use of the particular resource.

d) Fund accounting

Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds form part of unrestricted funds and have been identified as being for particular purposes by the Trustees. They are not restricted and can be transferred to general funds at any time at the discretion of the Trustees.

12

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

1 Accounting policies (continued)

e) Fixed assets

Depreciation is calculated so as to write-off the cost of an asset, less its estimated residual value, over the useful economic life of the asset as follows:

Computer and office equipment 3 years straight line
Motor Vehicles 4 years straight line
PA equipment 4 years straight line

Assets are capitalised where the purchase price exceeds £500.

f) Stocks

Stocks are valued at the lower of cost and net realisable value.

g) Debtors

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

h) Cash at bank in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

i) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

j) Pension costs and other post-retirement benefits

The charity contributes to defined contribution pension schemes. Contributions payable to the charity's pension schemes are charged to the Statement of Financial Activities in the period to which they relate.

2 Donations and grants

Donations from church members
Gift aid reclaimed
Grants received		 Unrestricted
Funds
£
229,031
49,039
200		 Restricted
Funds
£
16,643
459
17,074		 Total Funds
2022
£
245,674
49,498
17,274
278,270 34,176 312,446

Donations of £31,785 (2021: £36,407) were received from trustees and other related parties during the year.

13

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

2
Donations and grants (continued)
Prior year
Donations from church members
Gift aid reclaimed
Grants received		 Unrestricted
Funds
£
231,135
49,312
-		 Restricted
Funds
£
26,516
4,870
18,780		 Total Funds
2021
£
257,651
54,182
18,780
280,447 50,166 330,613
3
Expenditure on Charitable Activities
Grants and gifts (see below)
Direct costs:
Staff costs
Volunteer thanks
Sunday services and events
Car parking
Hospitality and refreshments
Travelling expenses
Support costs (see below)
Support costs
Premises costs
Rent, rates and utilities
Small equipment and repairs
Depreciation
Insurance
Office costs
Stationery, telephone and IT
Sundry costs
Contributions to VCUK
Governance
Accountancy
Independent examiner's fee		 Christian
Faith
£
1,605
75,781
85
2,969
1,875
5,059
569
39,322		 Education
£
1,196
75,331
85
2,418
1,875
3,572
304
34,717		 Alleviating
hardship
£
6,016
43,922
10
397
-
3,274
-
11,206		 Total
2022
£
8,817
195,034
180
5,784
3,750
11,905
873
85,245
127,265 119,498 64,825 311,588
Christian
Faith
£
18,413
1,067
1,537
437
1,914
4,118
7,051
3,631
1,154		 Education
£
14,302
1,067
1,536
403
1,889
4,001
7,021
3,417
1,081		 Alleviating
hardship
£
8,819
213
122
174
170
80
-
1,259
369		 Total
2022
£
41,534
2,347
3,195
1,014
3,973
8,199
14,072
8,307
2,604
39,322 34,717 11,206 85,245

14

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

Grants and gifts (see below)
Direct costs:
Staff costs
Volunteer thanks
Sunday services and events
Car parking
Hospitality and refreshments
Travelling expenses
Support costs (see below)
Support costs
Premises costs
Rent, rates and utilities
Small equipment and repairs
Depreciation
Insurance
Office costs
Stationery, telephone and IT
Sundry costs
Contributions to VCUK
Governance
Accountancy
Independent examiner's fee		 Christian
Faith
£
2,865
59,744
12
150
13
464
194
30,102		 Education
£
3,114
59,743
142
182
13
749
201
31,019		 Alleviating
hardship
£
10,040
39,410
-
267
-
411
21
7,609		 Total
2021
£
16,019
158,897
154
599
26
1,624
416
68,730
93,544 95,163 57,758 246,465
Christian
Faith
£
6,440
458
1,540
665
7,452
3,080
6,940
2,713
814		 Education
£
8,233
461
1,541
748
8,014
1,484
6,940
2,766
832		 Alleviating
hardship
£
5,400
38
-
204
364
174
-
1,092
337		 Total
2021
£
20,073
957
3,081
1,617
15,830
4,738
13,880
6,571
1,983
30,102 31,019 7,609 68,730

15

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

3 Expenditure on Charitable Activities (continued)

Grants and gifts

Grants and gifts made to organisations:
Bridges for Communities
Casa de Esparanza - Mexico
Easton Academy
Easton Family Centre
Exeter Vineyard
India Vineyard gift
Just Love
Samaritan's Purse
Vineyard UK
Smaller gifts <£100
Grants and gifts made to individuals
4
Net income/(expenditure) for the year
Stated after charging:
Depreciation
Trustees' expenses
Independent examiner's fee
- current year - independent examination
- accounts preparation
- underprovided in prior years
5
Staff costs and numbers
The aggregate payroll costs were:
Salaries
Social security costs
Pension contributions		 2022
£
2,460
3,000
-
150
135
319
200
150
-
-
2,403		 2021
£
2,400
2,500
3,000
350
360
405
400
-
2,336
316
3,952
8,817 16,019
2022
£
3,195
-
1,080
1,152
372		 2021
£
3,081
-
960
1,023
-
2022
£
155,641
4,821
6,771		 2021
£
138,357
3,964
6,406
167,233 148,727

16

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

5 Staff costs and numbers (continued)

The number of staff employed are as follows:

The number of staff employed are as follows:
2022 2021
Pastoral and administration 11 10

Most staff work part-time hours, the full-time equivalent is 4.9. No employee was paid more than £60,000 in 2022 or 2021.

The Trustees consider the key management personnel for the charity to be themselves. Rev. Owen Lynch and Rev Claire Lynch, who are joint lead pastors of the church, are also Trustees of the charity.

Total benefits paid to key management personnel during the year were £86,094 (2021: £79,458), including employer's national insurance and pension contributions.

6 Comparative Statement of Financial Activities

Income from:
Donations and grants
Investments
Other income - profit on sale of van
Total income
Expenditure on:
Fundraising
Charitable activities
Total expenditure
Total funds brought forward
Total funds carried forward
Net income/(expenditure) and net movement
in funds		 Unrestricted
Funds
£
280,447
2
110		 Restricted
Funds
£
50,166
1,318
-		 Total funds
2021
£
330,613
1,320
110
280,559 51,484 332,043
775
225,969		 -
20,496		 775
246,465
226,744 20,496 247,240
53,815
66,008		 30,988
371,461		 84,803
437,469
119,823 402,449 522,272

17

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

7 Tangible fixed assets

Equipment
Cost
£
At 1 July 2021
5,027
Additions
-
At 30 June 2022
5,027
Depreciation
At 1 July 2021
4,996
Charge for the year
31
At 30 June 2022
5,027
Net book value
At 30 June 2022
-
At 30 June 2021
31
8
Debtors
Gift Aid receivable
Other debtors
Prepayments
9
Creditors: amounts falling due within one year
Other creditors
Taxation and social security
Accruals
Pension creditor		 Equipment
£
5,027
-		 PA
equipment
£
22,051
-		 Computer
equipment
£
5,177
1,219		 Total
£
32,255
1,219
5,027 22,051 6,396 33,474
4,996
31		 16,780
2,072		 3,225
1,091		 25,001
3,194
5,027 18,852 4,316 28,195
- 3,199 2,080 5,279
31 5,271 1,952 7,254
2022
£
7,841
1,164
3,654		 2021
£
10,421
1,117
4,735
12,659 16,273
2022
£
5,396
791
4,161
1,771		 2021
£
1,912
3,294
5,237
6,168
12,119 16,611

18

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

10 Related parties and trustee transactions

During the year, the Charity made payments as follows, all permitted by the Charity's Memorandum of Association:

Rev Owen Lynch
Rev Claire Lynch
Prior year
Rev Owen Lynch
Rev Claire Lynch		 £
38,539
44,218
Remuneration		 £
1,542
1,795
Pension
Contributions		 2022
Total
£
40,081
46,013
82,757 3,337 86,094
£
38,261
38,261
Remuneration		 £
1,468
1,468
Pension
Contributions		 2021
Total
£
39,729
39,729
76,522 2,936 79,458

Remuneration included above for 2022 and 2021 includes employer's national insurance contributions. Both Rev Owen Lynch and Rev Claire Lynch are trustees of the charity, and are therefore key management personnel. The remuneration for Rev Owen Lynch and Rev Claire Lynch above is in connection to their roles as lead pastors.

The charity made donations during the year of £2,460 (2021: £2,400) to Bridges for Communities, a charity of which Rev Owen Lynch is a Trustee.

There were no other related party transactions during either the current or the prior year.

11 Company limited by guarantee

The Company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited £1 each.

19

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

12 Movement in funds

Restricted funds
Church planting
New Premises
CAP Debt Centre
West Country and Wales area
Foodbank
Christmas hampers
Hardship fund
Unrestricted funds
New Premises
General reserves		 £
45
387,721
7,230
1,592
4,929
915
17
At I July
2021		 Income
£
-
9,499
6,625
-
16,722
2,064
-		 Expenditure
£
-
-
(10,629)
(418)
(5,934)
(58)
-		 Transfer
£
-
-
-
-
(3,548)
-
-		 £
45
397,220
3,226
1,174
12,169
2,921
17
At 30 June
2022
402,449
8,336
111,487		 34,910
-
278,286		 (17,039)
(4,955)
(289,638)		 (3,548)
-
3,548		 416,772
3,381
103,683
522,272 313,196 (311,632) - 523,836

Church planting - Funds received from Vineyard (UK) to facilitate church planting in the local region. New Premises - Donations received to contribute towards provision of new church premises.

CAP Debt centre - Funds received to work with clients in South Bristol that are struggling with debt, by offering free debt advice and help with negotiating affordable repayments to creditors. West Country and Wales area - Income received towards senior pastors' expenses incurred as part of regional oversight.

Foodbank - Funds received to cover the costs of a food bank in partnership with Bristol Vineyard and the Trussell Trust .

Christmas hampers - Funds were received to give Christmas hampers to clients of Community Services

Casa de Esparanza - funds received for a home in Mexico for young men who are suffering with drug, alcohol and substance abuse issues.

Hardship fund - Funds received to help relieve the hardship of vulnerable families.

New Premises designated fund - The trustees have set aside funds to realise the church's vision for new premises.

20

SEVERN VINEYARD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 JUNE 2022

12 Movement in funds (continued)

Prior year
Restricted funds
Church planting
New Premises
CAP Debt Centre
West Country and Wales area
Foodbank
Christmas hampers
Casa de Esparanza
Hardship fund
Unrestricted funds
New Premises
Covid-19
General reserves		 £
122
361,479
3,609
2,188
4,046
-
-
17
At 1 July
2020		 Income
£
-
26,914
18,968
-
1,887
1,215
2,500
-		 Expenditure
£
(77)
(672)
(15,347)
(596)
(1,004)
(300)
(2,500)
-		 Transfer
£
-
-
-
-
-
-
-
-		 £
45
387,721
7,230
1,592
4,929
915
-
17
At 30 June
2021
371,461
9,515
1,870
54,623		 51,484
-
-
280,559		 (20,496)
(1,179)
(1,870)
(223,695)		 -
-
-
-		 402,449
8,336
-
111,487
437,469 332,043 (247,240) - 522,272

13 Analysis of net assets between funds

Restricted funds
Unrestricted funds:
Designated funds
General funds
Free reserves of the charity at 30 June 2022 were £98,404.
Prior year
Restricted funds
Unrestricted funds:
Designated funds
General funds		 £
-
-
5,279
Tangible fixed
assets		 £
416,772
3,381
98,404
Other net
assets		 £
416,772
3,381
103,683
At 30 June
2022
5,279 518,557 523,836
£
-
-
7,254
Tangible fixed
assets		 £
402,449
8,336
104,233
Other net
assets		 £
402,449
8,336
111,487
At 30 June
2021
7,254 515,018 522,272

Free reserves of the charity at 30 June 2021 were £104,233.

21

Audit Trail

Document Details

Title
Accounts for signature		 Title
Accounts for signature
File Name
Final		 Financial Statements 2022 (ID 202424).pdf
Document ID
2d18844fe25445be8b2c904e3b065b3d
Fingerprint
6db4373be492f72d3da8577c0f0f9b8
Status
Completed
Document History
Document Created Document Created by Karen Chelton (karen@burton-sweet.co.uk)
Fingerprint: 41e3cddf98ec3a4aa4cee78fac81964		 Mar 24 2023
08:13AM UTC
Document Sent Document Sent to Greg Nixon (greganixon@outlook.com) Mar 24 2023
08:13AM UTC
Document Viewed Document Viewed by Greg Nixon (greganixon@outlook.com)
IP: 104.47.51.254		 Mar 24 2023
11:54AM UTC
Document Viewed Document Viewed by Greg Nixon (greganixon@outlook.com)
IP: 82.47.50.251		 Mar 24 2023
11:54AM UTC
Document Viewed Document Viewed by Greg Nixon (greganixon@outlook.com)
IP: 40.94.35.11		 Mar 24 2023
11:55AM UTC
Document Signed Document Signed by Greg Nixon (greganixon@outlook.com)
IP: 82.47.50.251		 Mar 24 2023
11:57AM UTC
Document Sent Document Sent to Claire Lynch (Claire.lynch@severnvineyard.org) Mar 24 2023
11:57AM UTC
Document Viewed Document Viewed by Claire Lynch (Claire.lynch@severnvineyard.org)
IP: 90.243.133.181		 Mar 24 2023
02:49PM UTC
Document Signed Document Signed by Claire Lynch (Claire.lynch@severnvineyard.org)
IP: 90.243.133.181		 Mar 24 2023
02:50PM UTC
Document Sent Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk) Mar 24 2023
02:50PM UTC
Document Viewed Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)
IP: 86.31.164.160		 Mar 24 2023
02:56PM UTC
Document Signed Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)
IP: 86.31.164.160		 Mar 24 2023
02:56PM UTC
Document This document has been completed. Mar 24 2023
Completed Fingerprint: 6db4373be492f72d3da8577c0f0f9b8 02:56PM UTC

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