REGISTERED COMPANY NUMBER: 8688328 REPORTS AND FINANaAL STATEMENTS FOR THE YEAR ENDED 30JUNE 2021 FOR VINEYARD 53 {A COMPANY LIMfTED BY GUARANTEE) *AB¢YGQIM* 3110312022 COMPANIES HOUSE A1Y #316 VINEYARD 53 ANNUAL REPORT AND HNANCIAL STATEP4W4TS FOR THE YEAR E14DE030JL*4E 2021 Table of contents Page Report of the Trustees Summary of Financial Activities Balance Sheet io li Notes to the Financial Ststements 12-18 Independent Examiners Report 19 VINEYARD $3 ANNUAL REPORT AND FIIIAPIOALSTATEMEfits FOR THE YEAR ENDED30JUNE 2021 Report of the Tntstees for the year ended 30 June 2021 The trustees. who are the directors, present their annual trustee5' report and financial ststements for the year ending 30 June 2021 which are also prepa￿d to meet the requirements for a directots, report and accounts for Companies Art purposes. The financlal statements have been prepared in accordance wtth the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Companies Act 2006. the Charities Art 2011 and Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities p￿parIng their accounts in accordance with the Ftnancial Reporting Standard Objertfves & Artmt Vineyard 53 was stsrted in 2013 by a handful of people in the Chester area. From meeting in people's homes and then rented venue5. we now meet weekly on Sundays, rent an office space and host numerous events and gatherings through the region. We aim to be a light acros5 our region. serving and blessing those who Itve here. As we have grown in size we have been able to set up numerous projects that reach out to many different groups of people. We have had the privilege of seeing lives transformed as we share the compa55ion and love of God with those we meet. Furthering the gospel of Jesu5 Christ and ad￿ntIng the Kingdom of God. Showing compassion for the vulnerable. • Building up the faith of Christian believers. To provide or assist in the provision of facilities in the interests of social welfare such facilitie5 by reason of their youth, age. infimiity or disability. financial hardship or social circumstsnces with the object of improving their conditions of life. and supporters and many of these are given by way of Gift Aid and so are further enhanced by a tax reclaim. In the execution. the objects of the Church are exp￿ssed in specrfic and practical ways described below and as such, the application of its resources are similarly displayed in the financial ststements. The alm of VINEYARD 53 IS to extend the Kingdom of God by drawin8 people into relationship with Jesus through its activities. We seek to do this by our Sundav Celebrations. mid-week groups. training events. projects. gathering events and seasonal .programmes. We seek to bring adults. young people. and children into a VINEYARD 53 eport'of theTntsteesfortheyear endemJ(me-20ZI" greater spiritual, intellectual and moral awareness and to advance the practical application of Christianity. We seek to express the love and mercy of God to both those inside the church and in the community outside. We do this in particular through our Love in Action initiatives. This year we have also been part of a community hub to provide emergency food during the COVIO pandemic). These projerts aim to support those in need or who are vulnerable in the region and beyond. Much of this work is done by large volunteer workforces, who have themselves help people with better life skills. in relationships. marriage. money* work habits, community life. and education. Athlevements and Perfornian In planning our activities for the year. the trustees have considered the Charity Commission's guidance on public benefit, including the guidance "Public benefit= running a charity IPB21". Oblectlves for the Year To grow the church in terms of numbers and maturity; To alleviate hardship and poverty- • To train new leaders: To build and consolidate the finanaal base of the charity- • To expand our work in the region and abroad by way of relief of poverty- r the year to June 2021 at VINEYARD 53 we have seen several hundred people attend services during this period. Approximately 250 people have made VINEYARD $3 their own church, with several of the new members havin8 had no previous experience "of any church. Owing to the pandemic. our"services"bave"targefy been onhne"o%w the"" past year. although ￿$triCtIonS have allowed us to put on three small regional 'watch parties,. One of these watch parties was held at Caffi Isa in Mynydd Isa. The group who meet here. sharing a heart for North East Wales, are blossoming into a community. We look forward to seein8 how this develops over the coming year. We have also continued to share the good news of Jesus through demonstrations of generosity. At Christmas we ran a gIveav￿y, providing church members with gifts for their neighbour5. VINEYARD 53 ANNUAL REPORT AND FINANCIALSTATEPaEtIlS FOR ThE YEAR ENDED 30JUIIE 2021 Report of the Trustees for the y￿r ended30.june 202L sho￿￿9 cOmpa￿l0￿10r the vulneroble. The church has worked in the local cornmunty to be a blessing in prartical and wider community look to generously give in ways that do not directly benefit the church. Around 15% of our totsl income 15 set-aside for this purpose. Our compassion for the vulnerable has changed in expression owing to the pandemic. Regular projects in Ellesmere Port have had to stop owing to social distancin& whilst new needs have been surfacing. We started our Move In. Move On initiative. helping kntl1￿.￿e1ng moveth into new housing'get. off- to ?. goodstart with basic house1401d- items. We continued to support the community hub providing emergency food during the pandemic. We have also been involved in helping to support a number of families. From time to time we will help a person to find accommodation. furniture and the basic needs of life. particularly if they are trying to exit an addictive lifestyle or are in a vulnerable J>osition. &guilding up thefvith of Christian believe VINEYARD 53 uses its small group network that meet in the city and the surrounding area to study the bible and bless their local communities. This is in addition to Sunday services where the bible is looked at. We have set up both children's and youth groups th75yeara¥wett-aSSEveTatfjnlinE 8nju￿. Training took many forms during this period: including troining on marriage. money. time management. helping those in need. reaching your community, a number of biblical and theological topics. leading a group and pastoral care. The teaching tskes place in one-ttrone situations as well as small groups and the Church gathered. We .'have a'lso added severaf ontine option5 this year. Wehave continueda regionafHIJFfO train leaders in the North West area. We have also begun a learning community of Young adult leaders. In addition to that a number of people from Vineyard 53 have been on trainin8 courses. all online. The Cause to Live For (training for young adults on life directionl- • Vineyard National Leaders Conference (for leadership and ministry training). To prnvlde or osslst in the provthon offvcilities in the interests of social welfvre fvr recreotion or other leisure time occupation OA indryiduuls who hove need of such facilit￿$ by re050n of their youth. ¢w. infirmity or dlsobillty. financlol Ihirdshlp or As the church has grown, we have sought to offer specific activities for men. women, youth, children and students to develop links l)oth within the church. and with the VINEYARD 53 ANNUAL REPORT AND FINANCIALsfATEMENTS FOR THE YEAR EhTDED30JUNE 2021 eport of"theTrusleesqortheyearendernJune 2021 wider community. We have also worked alongside various charities and institutions within the city of Chester and its surrounding areas. The financial 5tstements as presented show a net surplus of fund5 for the period of £43.438. Performance against the charitsble aims and objectives of the organisation are noted in the section titled "Achievements and Performance". The Dirertors and Trustees have examined the Church's requirements for free reserves in the light of the predominant risks to the Church. The main risk is identified as a durtion in the Church membership giving rise to a redurtion in income. The Dirertors and Trustees have reviewed the reserves policy and consider it is appropriate to retsin months as well as an amount sufficient to cover capitsl costs rf equipment were damaged. This total is less than the amount held in reserves at 30 June 2021. At 30 June 2021 the general reserves amounted to £187.198. The trustees note that expenditure has decreased during the pandemic while income has remained fairly stable up to this point. The trustees expect income and expenditure to continue to vary in 2021/21. That said. the current reserve amount far outstrips 3 months of nmnrng Costs and so the trustees have designated £IOO.(MJJ of the general reserves to the Building Fund that will be used to facilitste the purchase or development of church buildings when the opportunity arises. Structure, Governance and Management VINEYARD 53 is a company limited by guarantee as well as a registered charity, in which the company directors also form the board of Tru5tee5. The liability of each Trustee in the event of a winding up is limited to £1. The day to day running of the Church 15 delegated to J Sirnmons and A Sirnmons. The Trustees who have served during the period are as follows: _ J Simmons J Henderson S Maxey SJ Dunlop G Mulholland Appolntment OA Trustees VINEYARD $3 ANNLIAL REPORT AND FINA14CIALsfATEhffl(tS FOR YEAR ENOEO aOJUNE X121 Report of the Trustees for the year ended 30 June 2021 New Trustees are appointed when appropriate. Suitable candidates, who are expected to be generally Ibut not exclusively) selected from within the membership of VINEYARD 53. are conSide￿d on the basis of their skills. experience and understandin& of the aims of the church. New Trustees have the opportunity of reviewing appropriate documents including the accounts as part of their indurtion process. Risk Monaqement The systems of intemal control are designed to provide reasonable. but not absolute, {a) an annual Budget considered by the Trustees- (bl regular consideration by the Trustees of financial reports; (cldetegation of authority andsegre8atioftotdutiw." Idl identification and management of risks. The Trustees aim to rebiew on a regular basis the main risks that the Church faces. They believe that maintaining the free reserves at the levels noted on the statement of financial activities. combined with appropriate reviews of the controls over key financi* systems. proTr4i(les" sufficienr" ￿$OuT(e5 itr the" event ofrunexpECtetr. arfvers conditions. The Trustees are also of the opinion that adequate systems are in place to mitigate any significant matters arising from operational and business risks. Summary The Trustees consider that they have complied with the Charities Act 2011 and that the d*xd¥ aAd its "1*emb￿lI￿￿. are meet+ng. the r*w4table obiect4ves tkat. were determined when the church was formed. As it grows. it is expected that the church's community will have further opportunities to increase it5 activity and influence. Reference and Admln15tratlve Detalls CHARITY NAME REGisfERED CHARITY NUMBER: COMPANY NUMBER- VINEYARD 53 1153966 08688328 DIREcfoRS & TRUSTEES: J Simmons J Henderson S Maxey Sfl>unlop G Mulhollarml VINEYARD 53 ANNUAL REPORT AND FIIIANCIALSTATEMEIIIS FOR The YEAR eNDED 30JUNE 2021 Report of the Tn￿tee$ for the year ended 30June 2021 REGISTERED OFFICE: 26 MILL LANE UPTON BANK: CAF (Chartties Aid Foundation) Head Office 25 Kings Hill Avenue West Malling Kent, ME19 4TA INDEPENDENT EXAMINER: Joshua Rugen ACCA 6 Phiuip Street Chester Cheshire. CH2 3DB Tn￿tee< res￿nSIbIlItIeS In relatk)n to the financial ststements The trustees (who are also dirertors of VINEYARD 53 for the purposes of company law) accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Actepted Atcounting Prartice). 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 charitsble company and of the incoming resource5 and application of resources. including the income and expenditure, of the charitable company for that period. In preparing these financial statements. the trustees are required to: select suitable accounting policies and then apply them consistentlv: observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent: to any material departures disdosed and explained in the financial statements; and • Prepa￿ the financial statements on the going concem basis unless tt is inappropriate to p￿surne that VINEYARD 53 will continue in operation. reasonable accuracy at any time the financial position of the Church and enable them to ensure th* the finanoal statements comply with the Companies Act 2006. They are also res￿nsIble for safeguarding the assets of the Church and hence lor tsking VINEYARD $3 ANNUAL REPORT A14D FINANCIALSTATEMEP175 F0ft￿ YEAR ENDED 30JUNE 2021 Report of the Tn￿tee$ for the year ended 30 June 2021 reasonable steps for the prevention and detect40n of fraud and other irregularities and to provide reasonable assurance that: • proper ￿CordS are maintained and are reliable," and the thurch complies with relevant lav45 and regulations. Statement as to dlsdosure of Infomiation to the Independent Examiner The trustee5 have taken all the necessary steps to make themselves aware of any relevan(""auED 30JUNE 2011 l. Accountlng Policies (a) Basb of wepaTrtlon These-3ccounts '(financiat ststementsfthave been prepare& un(ter the historicatr cosr convention with items recognized at cost or transartion walue unless otherwise 5tsted in the relevant notelsl to these accounts. The accounts have been p￿pared in accordance with the Ststement of Recommended Prartice {applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 10211 Issuert in Octoffjer 20191- [cha￿-e5 SoRFffI￿ IOZIT.the FinanciafKeportin8 applicable in the UK and Republic of I￿land IFRS 102). the Companies Act 2006 and the Charitie5 Art 2011. The Charity constitutes a public benefrt entity as defined by FRS 102. Due to the level of cash and unrestricted resen￿$ held the trustees consider that there (b) Funds accountlng The financial statements have been prepared to include all funds dirertly under the responsibility of Vineyard 53. All funds have been analysed into their different types. Unrestrirted funds are not subject to any special restrirtions and they can be used as the Trustees decide. Restricted funds a￿ Whe￿ the donorhas imposed ￿Strictl0nS on how the fund may be used. but which do not prevent the fund being spent. During the period, fifteen percent of the Church's voluntsry income wa5 set aside for actiwties al￿ causes that do not directly benefit Vinvord 53. Thi5 is not regarded as separate fund as such. but merely as an indiotor as to how general charitable expendfture. is- to-'be' thisseminate& an(r is considered ro be part of the "General" unrestricted fund. {c) Income Donation5 and tithes are credited to the financial sLitements as received. Gtft Aid .￿￿e&¥able.15. i￿￿*jde&.Ifi..1￿OF0e.Wtr￿ft.theFe i>& ¥alid.decSaf•.f£tM¥.tk doAOL. AA¥. Gift Aid amount recovered on a donation is considered to be part of that Eift and is treated as an addition to the 5arne fund a5 the initial donation unless the donor or the terms of the appeal have specified otherwise. No monetary value has been put on the voluntsry help ￿￿1ved by Vineyard 53 from its members thiring the perio(t ¢ft)r more information refer to the Trustees" Annua* Report) or on minimal gifts in kind le.g. refreshments provided for meetings. used 12 VINEYARD 53 ANNUAL REPORT AND FINA14CIALSTATEMENT5 FOR THE YEAR ENDED 30JUNE 2011 furniture donated for office use. etc.) due to impracticability and limited benefit of doing so. Income from any trading or other activtties is recognised when eamed. In the case of Id) Fixed assets Fixed assets a￿ capitslised if they can be used for more than one year and the cost is over £l.000. They are recorded at Cost of purchase less accumulated depreciation. Depreciation of fixed assets is charged at rate5 estimated to write off their cost. less any estimated residual value, over their expected useful lives. All a55ets are depreciated on a straight line basis= both equipment and the vans (purchased used) have depreciation charged at 20% per year. A full month's depreciation is charged in If) Value added tax The Church is not regISte￿d for VAT. Igl Stock Stock is included at the lower of cost or net realisable value. Ih) Debtors and Crediti)rs The Church recognises all transactions on an accruals basis, which is to say that all "sums. d¥e t*>. lx fK)nTr. the- £hUrC￿ artr incjtmled. ifft t*￿ year. whith. they. lxcw￿t* irrespective of whether they have been paid. If they have not been paid. they are included as a debtor or creditor. Debtors are measured at their recoverable amounts. Creditors are measured at their settlement amount. VINEYARD 53 ANNik4L REPORT AIID FINANQALSTATEMENTS FOR ThE YEAR ENDED 30JLINE 2021 2. Analysls of Income Total Funds Prlor Year Funds Funds Funds Donations t)onations 179.074 4,270 183.344 166.570 Gift Aid 35.574 36.462 32.229 214,648 5.158 219.806 198,799 Event fees 425 425 3,944 245 Sale of V53 re-usable cups Other sundry income 159 425 425 Investment Income Interest 117 117 43 Other income 9,060 5J58 2W4& Donations include £IO,O(Xl in fvnding from the Government for charities in response to the coronaviru5 Outbreak (prior year £0) and a grant from ITineyard UK to cover regional oversight activities of £650 (prior year £5CKII. year, including for Angel Tree and "Move In. Move On". In 2019120 Restricted Funds income comprised specrfic purpose grfts that were ￿e1ved during the year and interest on the Building fund of £6. Event fees comprise £425 contributed towards the costs of certain events included in note 3 below under Children & Families Iprior year £477). Other fee5 received in the piior year were £3.467 for Gatherings & Events. Irrterest income is ￿ceiVed on Gift Aid refunds and bank balances. The charity did not have any. investments durinlthe year. Other income in the pr¢or year comprised payments waived for hi￿ of Sunday space. 14 VINEYARD 53 ANNUAi REPOAT At4D FIIIANCiALSTATEMEP4TS FORTHE YE￿ EIIDED 30JUNE 2011 3. Analysis of Expendlture Expenditure on Charttable Activities comprises those costs incurred by the Church in the delivery of its activities and seryices for beneficiaries including costs of an indirert nature necessary to support these activities. As noted in the Trustees. Annual Report sicknes5 and financial hardship. the advancement of Christian education, and Provision of facilities in the interests of social welfare. These are practically expressed under the 6 initial headinES listed below, supported by the following staff and support costs. Unrestri¢ted Restrlcted Total Total Gatherings & Events Training & Conferences 6.433 6.433 14,110 5,499 123.7 7,920 17.677 6,337 2.27.7.. 7.920 18,886 6,337 106,433 25,144 Sunday Gatherings Glving to Others Children & Families 18.019 26.042 6.481 1,209 Support Costs Loss on disposal of van Total 25.144 2S.562 619 175.701 1.209 176.910 185,700 Support costs include costs associated with the maintenance of the Church's olTice and meeting space °Montagues" of £12.844 {prior year £12.9571, van running costs of £1,205 {prior year £1.722). depreciation of £3.547 {prior year £3.2091 and Governance costs of £163 {prior year £131. Expenditure on restrirted funds comprises disbursement of specific gifts received. including £240 forAngel Tree and £590for-Move In, Move On". Independent examiner's fee5 were waived and donated on a voluntary basis. Staff costs Wages and salaries amounted to £103.847 net of reclaims for statutory adoption/parental pay {prior year £84.7181. Wineyard 53 is able to tske advantage of the Employment Allowance which reduced the amount of social securtty costs to £535 (prior year £4181. Pension contributions of £2.051 We￿ paid in the year Iprior year 15 VINEYARD 53 ANNUAL REPOAT AND ANANCIALSTATEIAEpifs FOR7HE YEAR ENDED 30JLIP4E 2021 Notes to the financial statements for the year ended 30June 2021 At the end of the year the￿ were 10 employed stsff members, of which one was on maternity leave. 9 work part time (prior year 10 ernploytes). The average head count for the year was 4.3 {prior year 3.21 and at the end of the year the staff were working a tota4""ot Z+days a week ¢prior year 181. Ko empfoyees received benefits of more than £60.000. S. Tangible Fixed Assets Equipment Total Cost at l July 2020 6.890 13.163 20.053 Additions 1.630 1.630 Disposals Cort at 30 June 2021 8.520 .163 21.683 Depreciation at l July 2020 4.963 1.536 6.499 Disposals Depreciation at 30 June 2021 s￿77 4,169 10,046 Net book valtje at l July 2020 1.927 11,627 13.554 1.6>7. 6. Ta￿ltIOn As Vineyard 53 has charitable ststus no provision for corporation tsx is required. VINEYARD 53 ANNiIAL REPORT AND RNAP4CIALSTATEMENTS FOR THE YEAR ENDED 30JUME 2021 7. Oebtor5 2020ni 2019/20 Income tax recoverable via Gift Aid 36.478 1.5 32.779 1.51)) Rent deposit Other Debtors 554 487 Total 38.532 34.766 2020121 2019120 Accruals 3,417 1.087 1,069 960 Other creditors rotaT Other Creditors includes money agreed for payment to Vineyard Churches UK. 9. Summary of Fund Movements Income Expenditure Tran5fws Carried Year to 30 June 2021 Unrestrirted funds - General Buildin& Fund 147,709 215.190 175.701 -1￿,000 87.198 100,000 i(K).000 187 198 147 709 215 190 Restricted funds - Move In. Move On Other specific gifts . Building Fund 2.790 2.368 590 619 2,200 1,749 008. 17 VINEYARD 53 AP4NIJAL REPORT AND FIWANOALsfATEMEIITS FIX￿YEAR ENDED 30JLVIE 2021 Notes to the flnancial statements fr•rthe year ended 30 June ZOZI Broueht fovwanl Carrfed Fotward Income Expenditure Transfers Year to 30 June 2020 unrestri￿ funds - Generdl 121165 211984 147 709 o i Restrirted funds Other specific gifts Building Fund 260 266 260 •knve-.frT, fitove" OTh is'arr initiatiii*tse1pi￿fa￿il1eYb￿Ir[￿muve￿into."ne￿-l￿u$tnU￿Y. supplying them with basic household items. for which funds were collected in 2021 and will be disbursed over the coming year. The Building Fund will be used to facilitste the purchase or development of church buildings when the opportunity arises. £1(K),(KXI of general reserves has been designated for the Building Fund as discussed in the trustees, report. All funds other than the Genernl fund are represented by tash in the bank at the end of both the Current and prior period. 10. Remuneration and Transactions with T￿￿ee$ None of the tru5tee5 or dirertors received any fee5 or other benefits for their Services astr¥stee&oF dirertovs.IprioF yeaF £fti￿. johthslfflR￿￿lS.è.1￿StseaPd1￿emPknve* part-time as a pastor by the Church for which he received ￿muneratIon of £29.520 and pension contributions of £931 (prior year £29.520 and £9341. His wife, Anna Simmons, is also employed part-time a5 a pastor by the Church and received remuneration of £9.840 and pension contributions of £144 (prior year £9.840 and £1471. No trustee expenses have been incurred. Other than the remuneration mentioned above there have been no related party transartlc￿5. ori 18 VINEYARD $3 ANNUAL REPORT AND HNAp4aALSTATEMeNTS FOR ThEYEAR ENDED 30JUNE 2021 lftdependent examlnerfs rnport tothe tfU5t¢es ofvinry4rd 53 I report on the accounts of the Company for the period ended 30June 2021. Set out on pages 11-19. The Trustees (who are also the t*rertors of the Company for the purposes of company lawl a responsilile for preparation oftlie accounts." The Tru5tee5 consiaerthat on audit is not requiredfor thrs year urKler section 144121 of the CharIti￿ Att 2011 (the 2011 Attl and that an independent examin3tion is needed. Thè charity's 8r0s5 incorne did not exceed £250.(￿ and l am qualified to undertakt the examination by being a qUalffj￿d member of the A$s￿latIon of Chartered Certifbed Accountants. Having satisfied mysewthat the charity is not 5ubjertto audit under company is eliglble for independent examination. tt is my responsibility to.. examine the accounts under sertion 145 ofthe 2011 Art: to follow the procedure5 laid down in the general Dsrections gfven bythe Charity Commrssitxt under 5ertion 14515llbl of the 2011 Art: and Basis oflndwndent examinerfs fftpryt My examination was carried out in accordance with the general Dirtrtions grven bythe Charity Commission. An ex4minati¢n indudes a review of tht ac¢ourrting re¢ofds kept by the charity and comp4rison of the a¢co¥Jnts pres¢rrted with those records. It also indudes consideration of any unusual Items or disclosures in the actourts.and seeknn&explanatiorfj from as trustees concernin&an¥such rnatter5. The procedures undertsken do not pr¢)vide all the evidencè that would be required in an audit and consequendy no opinion 15 gNeft as to whether thè accounts present a true and fair VIe￿ and the report is limited to those matter5 set out in the st*ement below. 111 which 8ives me reasonable cause to believe that in aThi material respect the requirements.. to keep accounting records in acctydance with section 386 of the Companie5 Art 2006; and to prepare accounts which accord with thè accounting records. comply with the accountin6 requirernents of section 396 of the Companies Act 2C(6 and with the methods and principks of the Statement of Recommended Prartice: Accountin&3nd Reporti￿bY Charities have not been met,. ar 121 to whith, in my opinion, attentim should be drawn In order to enable a proper understanding of the accounts to be reathed. Name: Address: Date: a Rugen ACCA 126 Phillip Stree( Chester, Cheshire. CHI 3D8 29 Marth 2022