ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 NETWORK VINEYARD CENTRAL IA COMPANY UhllTED BYGUAIiAMTEEI CHARITY REfysrRATI No: 1139167 COWANY REfySTRATION No: 07432848 EXer5 Urwt 2 Ddling L• P018 8NF
NEfwoRK VINEYARD CENTRAL IA coItPANY UMITED BYGUAAANTEEJ CONTENTS Pag8 3 Pages 4 to 6 P487 Page 8 Pages 9 Sha81 Page 10 to 18
NEfwoRK VINEYARD CENTRAL IA COMPANY LWITED BY GUARANTEE) LEGAL AND AOMINISTRATIVE IIIFORPAATION CHARrrY NUMBER 1139467 COMPANY REGISTPATION NiMIBER 07432848 DATE OF W4CORPORATION START OF FINANQAL YEAR 1siJaNwry2021 END OF FI4ANCL4L YEAR 31st Derthr 2tr22 DIRECTORS AT 31ST DecEIIBER 2022 Mr Roknn GarfIr Petervles Mr Steve WLTrl8n GOVERNING DOCUM 2010 REGISTERED ADDRESS w£Jd Hil Hc4J8e Eas¥)urtA¥QI Earley ReadiTrJ RG61HH BANKÈRS BaayS Bank P LE8728B INDEPENDENT EXAMINER K Gthme8 lTrJepw¢lertEwnYws Ltyj Urrit2 8c6FAm P018 &NF
NETWORK NINEYARD CENTRAL IA ¢cPANy LIED BY GUAKANTEE> REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31ST DecEMBER 2022 The charity. Ntt¢rk Wireyartl cen INVCX op& uThJ6r a StrIe of writi1 deV wD¥ided by its Senior Past£¥s aTrJ past¢fal 2fF. and o)rprrdte 9)Nmar provided by Ihe trusiee$. The Senior Paslor of ih? church a(ts as thairrnan cf In5. The affi&aW lo Virwdrd ChLvthes UK & Irpt4rMI IVCUKII and uses fv na Viryard' in accoryJanc ru of affifk9tr•. Thi5 offi1k)n does )t affe£a the NVC'S dght to serfo¥emanc as * Indep9ren( w entity. Stratsw and Poly NVC employts a S8nky Pastsr ID W ihe in purJt of its rAy(aN¢s. The Senlor Pasknr vths both stsff 8nd reh fflember5 to eno)urage in Christian dwipleship. or8ip. evangdism. outreach and soci81 bUSt8es rwnitor the finanoal heanh of the Latity Ihrwh re9JLryr revtr meeting5 and wtsre neLssary Nghlight any ar of concem ty the Sethy Pastyr t9. revie lake into ajnt th8 seTror pastorfs or4riry assessrrrt pastora need$ofts thurch aTrJ tpaWty offiJnLthr¥J r•inthatives. NVC operdtss a sygwn of budgetary wltrols sgairbst and experdlure aT8 meagjreé. All phy¢ donation ir¢L¥ne is veriw thr a ofdual svJnabJres. The trus6$ are CLttrenty Salisfied blat fv (tsrity ntirje$ to Fwfrrfm irt dgetrry ¢1)rS have Obj.¥88 and AetivitiÈs Tf18adehP ofthe thurth is commrw to kn>•YJ'. 1. Furtheriry the gospel ofJesus Christa5xI lTrrar9 tre K¥W)m tGtyJ. 2. builJin9 w the ofCts8n aTrJ. 3. Shovrirq rPaSSiOn aThJ pr8¢cal inLm for VLknrable peop. hdr4rKJ them to tecome ftx)rt iThl8pefvJent. PublK b•n•f tDjSeS ha¥8 thnspJeKd ts clity Commission's Gew31 Guxlanf on PU1¢ Bereft and 5w)pkn)entary gwdancè on the 8dvanwr¢nt of Rdiw f¢x Ihe pubbc ben?ffl. kn eslatrAishing our aims aTrJ obie¢bve5. Our k in shanw the good w of Cthst atKI d¢TtK• of Itie Hdy Sffl in wr ccffimunities, ether th uur program ofacbwties set otst Thest e av8bi bwto all arè Irte$18d. irr8speets.ve oftho background5 of inllividuals arnl fzmilie5 befitfrcn Ihvn al are mosuy free ¢ftharya ID the besfici8ries. inJste85 wVe that atr)¥e key a¢1[ der11[ate NVC the public berfft 2022 wa5 a SW Ihatwas sb"Il marked by h)sses in perswW d the paTrJemi Gradually returned to (xThJregation thè lth"r8 of far mask and ofvr aspe(Js of th8 paTrJemic pTxti0naty measure& Nevertheless, here is a Kvbon of b)e dwrrh rmtinue to ISn and as such, this L% row a rInent part o¥ churth MISty. Robuiwirs Ihe Lvgrfgakn VAII iake low as tre txuldiNJ tre Ihe church meets 1a¢k$ v&bilrty and other ftar lor rnaC selY Mll 10 fowl. Withln church itsgw. thert was (£¥non of a neèj buklirMJ more (Mimunlty rfrestsb115hiw the tK)rxl$ of fdl¢ThYship that have been fr8¢xwed by the W peri of in bthdowm. A5 a rByJlt. 8 series of after-seNi iththes planned leading up a BBQ at one of Chfistrnas ser1. had ts durl impaa of rerwn9 churth in Idkn4%hip in r(s0fthe k)0r¥j foi frwd5hip arKI a iThimunity.
NEfwoRK VINEYARD CENTRAL COMPANY LIMrrED BY GuAREE) REPORT OF THE tNRECTORS {Con11ndI F¢JR THE YEAR ENDED 31ST OECEM8ER 2022 Dvjfol $6tting chwch ¢tinueS INtr5trpamirvJ w¥ices to IElp the pyb)n ol tsjr o)tyJrÈ vkn stsl ¢anr mak8 ir per5w meetin95 and to 8Npand our Jtr8ath. ThÈ thurth Iws # tbwte %Mth tyrad knconalty, tmrt more Dlscipiship Paihwty FY Tlmugh)ut 20Y2 Kingd Fi1 rJe a5 an Nthne IraNiing I$8. a kty IoLwthn fc< rnakiry and empowring distiples of Chrtst bolh 1n Ihg thurch aTrJ thjthraffield. Ove•8 Mison d)urth (xjntithjes to SLW a famtty by 8nd uni¥• fe8s 01llwtwY) chikJvL Comrnunty seThe Actiths In lir with the ovwl ministry phiwy of ts dxvrkn o Sm1 wjup onto str8ets of Rtradiffj in Ih eveniTrJ to hand o(rt trB)t letyj. 148nkets. scaryes. MFirrter proteciw. and to prayforthe sx 8ThJ firrn. Children, Youth. and FamM6•8 The mirnsty to the duldrpn and was rbrthd over ts >8r. 81beit SUfnE dwng25 in sb3nificant penl. Teams aro stsu bA rw fam$ tw 10 3llw¥l the 8TrJ ts treTrJ is Ihereforo en¢x)urauYry. Lifo Grwps Life Gftxjp mirlry has C(fflbrrtd as ¥ mainstsy of the a means of ffffit8Ct, care. and disoFAeslxp. Comirmj out of kxthffl. is a rrix of line gtUUPs and irFperson 9foLWS. althugh the tase and availaknlity ofapplicatic7s Ie IL7 tob Ic¢marYpeop. mUC church conbwe5 to entr)y wthip. theit b)ere have bew maTry drys an¢J there is seme YebuddirvJ Ihal is iaking FA asts rriri5tyfP-estat4is rtseff. Ths iH a feaiL*e kn>uglKxrt2023 as1.
NEfwoRK VINEYARD CEKtIiAL (A COMPANY LMrrEO BYGUARANTE REPORT OF THE OIRECTORS Icontinuedl FOR THE YEAR ENDED 31ST DECEMBER 2022 HOTh Mission Jr Healiryj on the SITE¢IS urlw Ihe 9(0k a brÉ&k. Cwrenty. f(18 Pousé butwllcontinL again afterthe brpak TOL4) 2022. continued to offer0 Healir¥J Roo wtrh refflain txlremdyKwAar Ihwt ¢)Jntknue kn be reciwed prayerknroWKKrt2022 1(wh the HealThJ Rryns. manyof lh gl1xLtOLheS from &)d. Con¢ludiThJ Comm•nts its rngrarns such a 5ULiS Statement of Dlrnctors. Resw)ns¥ifhiès Chaiitses Ad and Ihe C0rnpanS Ad rEqwe tt of TrLses b) prepwe firrJaI statements for each firArKial y vJhKh give a biJe and lay of the slal2 of alWaw5 of tthanty as 8t th8 of the finandal year and of Ihe suwus ortsfKitol the charity. In preparing the finantial Bo8rd ts wuired to:_ sesu518b ac£tyffjb"ng wlicies aThl then Zpptythem ry>nsislerty. fflakejuthJ8ments 8j esbffle5that are r&i%)nab pruLnt". prnpa Ihe firncial SIakffnts on ts 9yry crn basis unkn is WeMe thallhe drity1 u)ntinuÈ In bu>ness aThJ.' state ts1h$¢ apWieatrAe 3CUJuntirvJ sithrd$ arKI $ts16m8nts ot pr8¢ti¢0 been followed. subjedto any malenal deparbJres disdosed ar¥J explai# ln the finanoal ststement5. Tnthes are akn rnspDn%ble fDr maintsini>YJ adequate a()unkng record5 disdose %ilh rea50n¥ble accuracy 3¢ any tirne firntial posibon of tre tharity and are 5ufficwt to and expbin charity's transactKins enable Ilm lo en1 tr41 finanoal statements roTrrAy Ihe COmpanS Ad 20(6 and corT¥ly ¥th made uTrJer ts Ctsribes A& Try also resPb fcr safewafding Ihe a55ets olthe charity toasMab st8psfc<lh8 pre%rdi)n a1 ol1wirrggjtwib. tnjstees a also spOnsIb for the ttyrtsnts of trt trustees. rep)rL and fv reswjnsknifjty of ts independent exarniner in relthn to Ilje Iw¥ees' is limibd b ey2mi)irKJ ts r8p)rt and erwriry IfAi en Ihe face of Ihe rÈpoiL Iher8 are rKs ifwBisknnryes %Mth thg rE$ ¢sckJsed in the firndal stAtem. Thasé 8ccoJnts have Fyeparpd in •¢mdart8 1th FIOViSh)r6 appkcade to 0Pan subpct b the S1 l approve the atra(e¢ statement of firArKaal adil5 sheei fDr ar ended 31st Dawber 2022 and (x)AfltTh that I have made ayaikbk all inforrnal¥)n Ewessarytsrfs tYepardb"on. Swned on Ihwrbehaifty OirEthr......... Priftd Nan".
INDEPENDENT ELIAIKR'S REPORT OM THE ACCOUNTS cffl p8g8s 8 10 18. R¢$p¢¢kn sponsI111S oflrnslw and éxamintrr Th2 tlstee5 Ivtho are atso d•redc$ of thè cryrry fr)rtho purpose5 Of mryany wI are SPonbI l¢rtrE rrfEpar31n of accwrts in ac£ordae V4ith the requitprnwts oftrE Corywues Aci 20C61'lhe 2006 Atl'l. Hawng 88tisfi8d Itr tht arxounts of Nebth w1yard are Tr)t requwed lo be athte undex Part 18 of 2Q06 Act and are elWJ1b ftr iePErt ew1natK. I reF¥Yt in respect of my e¥2mMMDon of tharws aCCots as £anled un¢JerseLon 145 ofthe Charthe5Ad 11 lthe 2011 Act'l. In OLrt my examinabw I have follod Ihe Direcbuns given bytheth ur•ler 8econ 15xb) ofthE 2011 Ad. Ind•p•ndttnt oxamlnof8 Statom•nt I have comtyeled myex8ftwnaion. I tnfffm ttHlTrJ mallers have to myattenbon Ihe eyaMinats" gimng me caw to 1. 8(¥>19 rK)t kept in Rspedof St AI AW Clvxch PCC ats TtquirBd by Sn 366 ofthe 20Cf ACL or rEquirernent that the acCOL a kne fakT 1$ not a matcon5idwEd as wt ofan independent exarninabm.. or 4. b)e accwrtsha¥e Mt ten wep8red li 81xxMdaNh arbj WKiF4es ofth• stsie)Ynt of Retyjmrnendd Practice fw aco)unlii9 rep)rtin9 by L10$. should draknfft n this rgportin order lo erAt4& a proper uTrIs12rj of Ihe acixjvnlsto reath•Y. Da.. 8.6.23 K Grffies IA4AT FCIE 1epdentExarnIn Lbj Unil 2 Delling Lane Bosham P018 8NF
NEfwoRK VINEYARD CENTKAL (A COMPAJIY LMItTED BY GUARANTEEI STATalENTOF NCIALCTI¥mEs FOR THE YEAR ENDED 31ST DECEMBER 2022 Onr¢yptyaWng Incthmo and ExwIdirn Act0) TOTAL 2021 2022 INCOkllNG RESOURCES IrornI1 Resource5 from Genww FwK15 Donab"0rn5 & Lega(Jos 109.565 111.913 173.182 61 639 37 64.361 64.361 42.883 Ott)ar In¢yynirg R0 3095 7.616 TOTAL INCOMING RESOIIRCES 1987 221518 RESOURCES EXPENDED Costs of GèMr•tin9 Funds Clwritsbk 157,642 1.874 159.516 163.335 302SS 24.594 TOTAL RESOURCES EXPENOED 187.896 1,874 189.771 187.928 NET INCOMINGI IOUTfjQINGI RESOURCES {10.015) 1,112 18.9021 T(*al Funds Brojl Fcowd 228.318 0.722 849.040 813.451 TOTAL FUNOS CARRIED FORWARD 218.303 62135 840.138 849.040 Mov8m8nts on dl reser al rEtwis6d pirts and l)$ a above. Ml ol the ¢)ryanisabon's notes pages 10t0 18 f(xm partofljI5r¢an(raI siaternents.
NET4Th VINEYAPO CENTRAL IA COMPANY UMITED BY GUAPA14TEE) BCe SHE AS AT 31ST DECEMBER 2022 Total 31-D¢¢42 31-D8c-21 Pts$ Funds FSx8d AS15 TangiN8 Assets 675.C 675.WO 678.OLK) Total TanglEe Aa¥ets CurrentAs8ets Debtors & Prepants Cash at bank and in haTrl 1a65 357.387 222.7tKI 134, 371,997 Totsi Cwr•nt A558ts 224.065 134,686 358,751 Ceedltar5: Amounts tsllin9 in on&J 5,762 16.682 17,895 NET CINiRENT ASSETS 218 336207 354,103 Long TeTh bat¥lib8S 171,169 171.169 180.063 14ET ASSETS 218 849,040 FuThJ8 ofth• ¢hwMy Gereral Funds Resthctod FldS 218,303 218.303 621,836 228.318 tr20,722 621.835 Totsl Funds 218J03 621,835 For the firnCIal en¢iThJ 31 Oewmber 2022 tr 8niiknJ 10 exOn fr(D avdil und8r seclon 477 of the Cornparde5 Art 2rTh lo small comparxes. tlirectors. rewsbihtw. . The membws have nott•qu¥wI to obtwn an atsjit ofSts att¥xmts thÈ in qu8sbon in acoydar ilh sethn 476: and . Tr diredor5 ackn1ege rew9"11treS lor with the requrrts of the Ac resFed to accountng recxjrds and fv weparabon ofacwts. se finanoal ststenEnts have k¥epar>J in &¥yxd8nts Ihe ¥per4al prowiwJn5 relatiTYJ to coryans bpcl to ts Sm1 18S Yegime thin P*1 15ofthe Cornpar A21. and sig3 on tsirbehaff by. .Ii.l.L3 Appro¥ed Dw¢¢tors Ihe............. .. .. . S¥Jned on Ihw bthallty tirtdor.......... Printed Nam..
NETbW)RKVINEYARD CETrRAL (A COMPANY LthIED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2tr22 I. cOUlNG POL7£$ Basis of Pr•rr•tion &As8888m¢ntof Goin9 Cort•rn 88sig of Preparation The finanaal ststements habt tttn weparnd urxJ¥ tt c[ cts1l7 iterns rpo)gnised at ry)st or transaction Wal unles5 OttrlS8 slated n the relevant Te5. The finantial siatements fAve been prepar•Y ITr accordarK vAlh the Statenrit of ReComr(wI Pracbce.. AcCAnr$ and Rewbry by Ch8Tib&s prep8ring trir aCCots in acmrdm tt Financ4al Rew"ThJ Staard p11¢xle in I UK 8nd RePuN of Irand IFRS1021 lthrve 1 January20151- ICharibe8 SORP. FAS1021 Ihe chare5 Atl 2011. The Charity meetsthe defirON ofa wbhc uTrJer FRS11Tr. Ass•ts liatslthts aro in1bal recowised Aws¥m¢rrtofGoing C•n¢•m PparatItin of Ihe accrwts 1$ ¢)n a gxvJ [rKern téss. The U44t Ilwe aro no mater41 uncertaiths about Ihe Chaws ab4tyto conbnfft as a yrj (rrfm. In¢omin9 R¢sources Thesa are indLtyJe¢ in Ihe StaternentolFinaDcial k4i¥thS ISOFAlthen.' . the charity bectrnes 10 the festyjr.' . ihe Qlirectors a virtu¥Jty (¥lain tTrwY•il recewe rewjrces.. . the monetary value can be rnÈa>Jred 1th sufficient rdth" related eypen¢thlure are reporw tt SOF Grants and Dcwbons wr• In the SOFA tt)B dwty h8S to ty Tax Reclaims on DoNtions aGiftS Irmning reSoUrS frcffj tax ar¥ Ihe SOFA in the Sal firwK4"al a5 gift trj IJ reL3te. Conlrnctu¥llncome •rtlPwfornJance Rdated isonlyinduded in SOFA the rdaled gwd5 LYserwts has been desred. Grfts in nd Gits in kind are aceowieLI for ai a reason8tle estimate of bknr ue to d• or ts unt ffjalis. Gifts In kind for sak or ttLslributK•ll we iTh9Je in tr as étsiributgj ty the charfty. Gffts in kind for use bythe d•are induded in Iha SOFAas Ir(ry resources kn ¥bIe. Donated Servw •ndFathtS Tfs¢ a only1nded In i1n9 rElInS Iwilh an equivalefttarnDrt in resour eyndedlvthere Ih? to the drity is reasonabty quitifiable. rrtawrab ark% maknal. The FaL on resour5 is the e5trnated value to lh8 chartyof the faoltyTerw•J. Volunt¢¢rH¢lp The value of any vdurAary Wp recw8d ts Th)t in the accounts is dewb in ts Diredof5' annual io
NeTIVORK VINEYARD CENTRAL IA COMPANY UMITED 8Y GUARAPITEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 1. ACCOUNTING POUCES ICOrrtin¥ This is 1ndLed ni tha 8cc4xJnts receivat48. Inv•sblnt GBin andLoss•s Trs iluded any gn or 55 rn Ihe s 01 aThJ IDs5 from reTrralLiNJ in¥95trnerts te martèl value atlhe end oflts lear. Expondftwe and Lmbilibes Llabllity Rtr¢o9nllw Liaixltss are reo)wised as as lTrwe 15 a W or (¥)mrnitbno the th8rty to pay Xrt of any legal adwce lo Direc$ on WVernan or (stsbba1 maltef5. Where Ihe ctrority sives a gant cfftyioorts for its pa1 a S¢ thl ol S1¢ or ow 10 be provided. grants arE onty reu)gnis8d in SCFA I>pt of th8 ant has pThid•Y ts SP8fafd se< ¢rfrt)uL Ttr8e are On rÈwni£ed in accounts %then a h85 been made theTe are rwj c(ftlltiofts be rnet relating lo a rerrban ir• rArlrc4 ollt d¥ity. Support wsts ine Centr and have alloLaled to a<vitycost Catefft a bas 1th use of ts reS0w$, e.g. alocaliry Fwop8rty¢c6ts by per caplts. Sbff rx)s15 by the SFenl and other costs by theiru5age. In$ents assets are incle al DirtD. besteslwnatÈof markei valL. by c¥)mpany to the fund in r8srd of tr firla1 period. P8r6iM ¢lx)trknknns are rtharyd t¢ Ststernent ol Fin8noal kbyitss as Ihey berome payabl The eharity is exerytfrDm tsx on Is th¥rab athi Leyl st•$ oltho Charity The chanty Is a o)mpany Iimid bygJare ha5 c¥rfal. event of tt)e thartty M)ut u liability in respect of the gu¥rtee i to£t per nmber of Ihe itsrity. Fixed T•nglbk Ass•ts 11 is wlicy of the chl18b18 o)mpany to off of smal asset Sl8nts crf acquisib¢n coststy less Ihan £1.5C. These are btsyitten ofl in the ar of wrr8se. TW WÈ #t rAsl or. rf 9ft8d. at tt to Ihe ¢haritaNe company M recpL No depreciation is charged lo freeh) as the 1$ >Jth a slwdard that ts 88timatéd re$Ul value r6 notkss than the On9n COSL
NEfwoRK V114EYARD CElRAL IA COMPANY LNrrED BYGUAKANTEEI NOTESTO THE FINANCIAL STATE¥ENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 2.TANGIBLE FIXED ASSETS Ltyr & Gerrnl Mwitws Equprw)t 2022 Cost AthYitJns C05t at 01th-22 675.C 675.C 31-Dec-22 675.0 675.IKKI 01-Jtr22 Charge DePreGati at Net Book VahJ8 314)22 675,000 675 000 Net BocValue 314kts21 675.0 31st D&rnber 2022". See Noie 9ofthe Rerorts & Finanual ststsmerts. 31st Decmber 2021 . See Note 9oftt Re[5 & FwrAal Slatetn above LorKI & BtIldin ha¥t fuTrJed by a Send t8k8n wt th Lb>s Bank PIC and 15 securert ihe freefrnld k¥4)tsrty atwoodley Hill HrAv. Eastixjurt Anu&, Ety, Reading RG6 1HH. The interest rdte in(ett on tre kjan is 3.20% abo¥e Base Rate is uwrenty set at 0.50%. The loan commentsd the 27th Denber 2013 aTrJ rs pae in Ihree hurKlrl montNy irtslabnents VA fn81 IrwalrrI aTrJ I&tOn offv k)an taki Fe cffj the 2Th De¢emtr2038. 12
NEfwoRK MWEYARD CENTRAL IA COMPANY LMIryED BY GUARANTEEI NOTES TO THE FINANCLIL STATEMENTS I¢oMirtLdJ FOR THE YEAR ENDED 31ST DECEMBER 2022 INCOMING RESOURCES Fd5 2022 al D•kwkn a L•ga¢i•s GS1ts. T(Ihes & Offwings Irtr>Jme Tax Re(x)vered 91.916 17.649 2,039 93. 17.957 146,328 26.853 111 13 bl1rtSWIm•rtlQrn 81 37 71x1 )Advlt*¥ fry G¢rwtkng Funds W¢odley Htl H¢) 64A81 64.361 42.683 64.361 dl Oth•r In¢•miny Rèsou Semces SL¥hYry IrKow 1.W24 2.071 1.824 2.071 1,810 5.781 3.895 13
NEfwoRK VINEYARD CENTRAL IA COMPANY LIMITED 8Y GUAIiAtrITEEI HOTES TO THE RNANCW STATEME1s l¢tsntOnu•d) FOR THE YEAR ENDeo 31ST DECEMBER 2022 RESOURCES EXPENDED TOTAL 2022 TOTAL 2021 Fund5 al Charitsbh knb¥ib AdmintraVa ExFerws Advewtising & Publioty Budding FuThY Experws Butlding Repair3 & Maintsron(£ Buléing Runni Co Conference & Costs Disciptashlp Cos EwarWL8m & Outreath Gifts & Donalc Ministy Costs Rènt & Rates Stsff Costs Sundry Eyprtses 1256 1256 2.553 5,970 870 20,498 18,365 1.227 1.134 285 43.620 3.630 28 43.620 3.630 928 6.382 1.602 4.823 83.1Wd 7.386 1.6 4.823 83.3WJ 1.814 99,554 2.588 19 1m4 159.516 163,335 bl Gowrnance Costs Bank & W)rlW In*rgsr IndednIExarnIrr5 Fe Inswan¢x Costs Legal & profe1 Foes 9.100 1,560 5,018 14.5TT 9.1 7,084 1.560 4.300 11,650 5.018 14377 30.255 24.594 14
NEfwoRK VINEYARD CEKfRAL COMPANY LIMrrED ey GUARAMTEE) NOTES TO THE FINANcL STATEMEMTS Iconunuod) FOR THE YEAR EI4DED 31ST DECEIIBER 2022 S. RE5rnCTED FUND$ CURRÉNT FINANCIAL YEAR Ball CAF ButkJiTrJ FuTrl Kenyan FuThl rcy Mission Fund Love Your Buildirg Fund Y(HJth Trdwrt 165.857 215 101 1197 289 710 168,054 1294 1,n8 t3.413 870 13.413 182.072 3.176 183 374 PREVIOUS FINANCIAL YEAR 01thTr21 Itvrn Trafer$ 31¢c.21 CAF 8uilYing Fj Chiklren's K¢ker1bSite Kenyan Fund VÈTCY MissM Fmd YrAJlh Traw 163mO 1,472 2.037 165.857 101 215 1.472 163 6 13.413 13.413 181.34S 2.895 182.072 Thg Building Fund retstss to gMThJ a pemwrw l)r Nets{ Central in the ReJing Area. Th K•ny4n •) Jw)rt ihe•ducJbDn of&&dren in Sxthm MI Earn Afrifa. Love Your Bujkllng Fund is a fLv¥J Ihal Is exlJa Ihal is for donakns. Thè Youth Trnn¥port Fund 15 fc¢ Ihe wrc8se 018 nThiw5 to WOVKle barwxt kn events, rnEetng5 and oth8r actmbes rekt£d to and in support ofNetsth Wirrdrd cén1r$y0UIh ffnisty. The resththd fvnds are reFNeIe by Ch*s c4sh rese$ and fiwl a558ts irwestments 8re to b0 eXpeThj as above. 13
NETWORK WNEYARD CENfiiAL IA COMPANY MED BYGUAKANTEEI NOTES TO THE FINANCIAL STATEMEFITS {continvBdl FOR THE YEAR ENDED 31ST DECEMBER 2022 6. CASH AT BANK AND IN HAND FLfftd Fund 31-Dx-22 31-D21 Cash at Ba aThJ In HaTrJ 222.7(Q 134. 357J87 371.997 222.700 7. OEBTORS & PREPAYMEKrs Totsl 31leG.22 3121 Fund Fthl Stmdry DebtOT5 1,365 . ¢REDifoRS & ACCRUALS Totsl 314)ec-22 31-D•¢-21 Pj FLmd Crvditors IrePendent Examlners Fe Sundry cditorS Woodley Hill Kknrtw. 4202 375 16.682 16.6K2 15. 5.762 17.895 Y. CREDITORS.. AMOUNTS FALUMG DUE 111 MORETHAN ONE YEAR Total 31-OeG.22 31-D•c41 Fu1 Fd Woodley Hill How Mortga 171.169 171.169 180.C63 171.169 171.169 The above kjaa Ios ten Uo)th B W¢ and is seored on thJ fr8eh)id at Woodey Hill House. East cwrt A¥enuÈ. El8y. Readiry RG6 1HH. The intsrest r8 iwrred w the sewre(I IDan is 320% above Ihe Base Rate which offtnty s81 * 0.50%. The loan comfflen on the 271h Dr)er 2013 and is paYae in IhrBe hU1T8¢ morthty Ir1nts knllh final tyment (mpbats"oTh ol the loan tsknng pL4r* w tho 271h Dettmt¢r2038. 16
NEfwoRK VINEYARD CEpifRAL COMPANY UMifED BY GUARANTEEI NOTES TOTHE FINANCIAL STATEMENTS l¢on¢inued) FOR THE YEAR ENDED 31ST DECEMBER 2022 10. STAFF COSTS AND NUIABERS 2022 20 Gress Wa&$ and Sali8s EmpWf5 NaiKro1 1rtsur8r Costs 70.842 7.391 7.9J1 Av¢rage roJmt4rofer(ykJ>esfDrts ywr 2021 TOTAL ToTL Charity ¢)perales a PAYE soleffle pay aH 8ry4ed of staff rx> EmpW8s fefNed emOlUrts ofow£60.C#)). B021.'NMel 11. RECONCILL4nON OF MOVEMENTON CAPfTAL AND RESERVES ThB Company mItsd by Guarantee 1074326481 and b a Ctsrity Ihe Chanty Cc¥mmkntyJn 111394671 arKI does lovtsa Share rarth and has w in)me tIe¢l to Corpotath)n Tax. 2022 20 Profftl Deficit for ts finantsal other Rerngru5ed G*"ns 18.9J21 Fowr 813.451 Ckjgng F5 at 31st De¢anr2 840.138 849.040 17
NEfwoRK VSNEYARD CENTRAL IA COMPANY uMrrED BY GUARANTEE) MOTES TO THE FINANCIAL STATEMENTS l¢ontinuedl FOR THE YEAR ENDED 31ST DECEMBER 2022 12. DIRECTORS AND OTHER RELATED PARTIES During tl finaal year Dedor Mr Rotsn Garfiw received £50.83612021..£SO.8441 in salary related payrnents and £4.06612021..£4.0871 PertsKn in capaciiya5 Sor Pastor of Neb4#Jlt Ifward Central Wi fLtheranrAry ofthe Charitawe obpds. 13. FUSK ASSESSMENT Dwact5 aGtSTfy reTrri Ma)r rfsks thrity fac6s on a ba%$ and telieve knol rrointsw)Ir the free reserves slated. bined lIh rBview tsf Ihe controls over key finanoal systems iarried out on an annu basis VAII wovvje suffji>ent re>)ur5 esEnl of corKs$. Th8 Diredr45 have alSD examinÈd othw operatKnal and risks o)nfirn lJt ijw fove eslat4L5hed sfftm$ mitigate Ihe niTantri5ks. 14. RESERVES poucy DrerAor5 have otrdered the W of IerveS ret•n. apwqxiale 10 the ch8rity15 needs. Thts i¥ ba on the thanvs &ze and I1 of finJKial cxmnrn1bTlS 1. The direLors wm to ensure the tharity bwll expendilure. Tr LlirP(aOts eThje8rrntt0 seia¥4de knys unrttwnly. 15. PUBLIC BENEFtr The Cha¢ity acantythge5 qU¢Ment b d&mcra tharty trt it must have tharibble WTPOWd or'wrns. Ihai are for the public berft Detsils of Larfty 8chwved Ihis art wowde¢ in the Trustees ffjport The TnjSte con*mi that tY have paKa dl wrd to Ihe Chaty Cimmisgm guhJarKe w wJtAi¢ b&n8fft 18