Report and Accounts For the year ended 31[st] July 2022
Registered Charity Number: 1165564
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
Table of Contents
| Page | |
|---|---|
| Charity Information | 3 |
| Trustees’ Annual Report | 4 – 8 |
| Independent Examiner’s Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Cashflow Statement | 12 |
| Notes to the Accounts | 13 – 23 |
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
Charity Information
Charity Registration Number: 1165564 Registered Address: Colony 5 Piccadilly Place Manchester M1 3BR Governing Document: Manchester Vineyard is governed by its Constitution dated 12 February 2016 and was created as a Charitable Incorporated Organisation (“the CIO”) registered with the Charity Commission. Trustees: Adam Blundy Paul Lowe Naomi Woodcock Paul Bevan Simon Bond Key Management: Paul & Steph Lowe (Church Leaders) Banker: Lloyd Bank PLC 1 Legg Street Chelmsford CM1 1JS Independent Examiner: Jonathan Wilson Chartered Accountant Cromwell House, 68 West Gate Mansfield Nottinghamshire NG18 1RR
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
The trustees present their annual report, together with the unaudited financial statements of the charity, for the year ended 31[st] July 2022.
Structure, Governance and Management
The charity Trustees are responsible for the general control and management of the charity. The Trustees give their time freely and receive no remuneration or other financial benefits. The Trustees meet together at least three times a year and are responsible for all major decisions taken in relation to running the church and the activities provided by the charity. The day-to-day management of the church and activities are delegated to Church Leaders Paul & Steph Lowe.
Within the local church, Paul and Steph lead the church and are supported by a team they lead and are developing. As the church has grown, some of these leaders have oversight in a paid capacity. Paul & Steph have numerous mechanisms of oversight and accountability.
The church is also affiliated to Vineyard Churches UK and Ireland, a wider network of over 120 churches across the UK. Each year, Manchester Vineyard grants a proportion of its income to the work of Vineyard Churches UK and Ireland. The Vineyard is an episcopal movement, whereby Paul and Steph are overseen and accountable to an Area Leader.
Appointment of Trustees
New Trustees are appointed when appropriate. Suitable candidates, who are expected to be generally (but not exclusively) selected from within the membership of Manchester Vineyard, are considered on the basis of their skills, experience and understanding of the aims of the church. New Trustees have the opportunity of reviewing appropriate documents including the accounts as part of their induction process.
Background and introduction
Manchester Vineyard launched Sunday gatherings in the September of 2016. Paul and Steph Lowe, the church leaders, were commissioned and planted from Trent Vineyard in Nottingham and together with a small group of people started Manchester Vineyard.
Initially the group met in people’s homes and on moving to Sundays has now rented two venues to host its gatherings. It is a church, new to the city of Manchester, with a heart to Love Jesus and Love Manchester. The church reaches people in-person and online with more attending at special gatherings like Christmas, baptisms and special events across the city such as bonfire night.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
The Vision for Manchester Vineyard is to:
“Establish an authentic, relevant, growing and biblically-based church. Purposed by a passion for Jesus and empowered by the Holy Spirit, we intend to worship God and extend compassion, as we live on a mission to love, serve and call into the fullness of life, the people of Manchester.
We aim to identify, develop and equip leaders. We also believe we are called to plant new churches, some of which will be in Manchester, and to encourage and resource the wider Church.”
Simply put, we want to build a community that will live the way that Jesus did, seeking to shape the culture of Manchester, one life at a time.
In setting and planning activities, the trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Review of the Year
Manchester Vineyard has seen a season of significant growth over the last year. Some of the many complexities of the pandemic have still had to be worked through but many of these areas and new areas we have pressed into have begun to bear fruit.
We continue to have a significant focus on welcoming new people to the church and have seen 93 people explore joining the church , 43 of those exploring have joined us at welcome dinners.
As our Sunday gatherings have grown, we’ve needed to grow the teams to help facilitate this and have been encouraged with all those who have stepped up to serve. On Sundays we’ve served 5,460 pastries and put out 5,773 chairs with the mass of volunteers who make this happen.
We’ve continually sought to create spaces for people to explore joining us and being part of the community. We launched a creche at our Sunday gathering and as the kid’s work has grown and rooms multiplied the teams have facilitated kids doing, among many other things, 1,010 individual craft activities .
As the community has grown, we are now running 14 mid-week groups (small groups) providing community and support networks for those who attend. Two of them have branched into new boroughs of the city, 24 people have joined us on our alpha course and we’ve also helped facilitate alpha in local prisons for 43 prisoners.
Our volunteer teams have grown considerably over the last year. 5 volunteer interns alone have collectively given 630 volunteer hours to help facilitate the growth of the church.
With the growth of volunteers and the staff team the spaces we have previously used (meeting in church members homes), which we are very thankful for, will not facilitate what we need so have started hiring office space to help assist the expansion of the vision.
We were able to host our first ever weekend away for the church which was a huge success and have started making plans for similar event this coming year.
Our worship teams have grown significantly. The kids have written a song and roughly 38 hours a week goes into facilitating the health and growth of our worship teams.
We’ve invested heavily in training over the last year seeking to ensure our people are equipped to help us lead the church. We launched a leaderships essentials campus and have 19 people on this programme . 1 person is on the Vineyard UK and Ireland college and a handful are studying theology with WTC (Westminster Theological College). We hope this increased pipeline helps create the infrastructure to fulfil our vision.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
We’ve continued to support projects around the world, like in Albania and Kenya, financially and prayer support. We have also seen a growing number of multinationals who pass through the church and we’ve developed ongoing links with them when they leave Manchester.
We have continued to invest time and energy into restoring 422 for the benefit of the local community. While we finish of the building works, we have been using the parts of the building that are complete, running some activities like the food pantry team who provide a safe, welcoming and dignified space for people to choose food and essentials. We have been able to give away up to 250kgs of food each week . The Pantry has now been open for a year, and we’ve received over £7,000 from supermarkets or organisations in the city to buy food and essentials. We have been able to partner with Save the Children which has enabled us to distribute £5,000 in vouchers to our member families.
Our Stay and Play team are now creating a new project with Save the Children and local mums to support parents with ‘play and learning’ from pregnancy to school - helping children to thrive and to reduce inequalities at the earliest stages.
At the After School Club we have seen young people deeply wounded by bullying at school, or seen devastating family breakdowns now have time and space where the team champion support and celebrate them. Many, projects are being run with more in the pipeline. The English learning café has become well established. Over 100 volunteer hours each week go into making the average week possible. 4,395 hot drinks have been served, 3,510 meals,1,500 slices of cake and crucially 625 free ‘Pay it Forward’ meals for those who couldn’t otherwise afford them.
Future Plans
Last year we launched a two-fold vision. Part of our vision, from before we even set foot in Manchester, was this: ‘We believe we are called to plant new churches, some of which will be in Manchester’.
We believe this next phase is a two-fold invitation. Firstly, we intend to plant more small groups. We’ve always done this, but now there needs to be a gear change, in order to plant groups increasingly and intentionally across Greater Manchester for the growth and all those yet to come. It may be that some of these small groups will form clusters of small groups. These clusters may develop into localised expressions of Manchester Vineyard. To be a catalytic community we have to break new ground in new locations.
The second is that we believe it’s time to start looking for a building and ministry base of some kind for the church. We need a facility to help ease the various infrastructure challenges we are facing and believe this may be a crucial springboard for everything else.
With the first part, the church has in effect replanted since the significant impact of the pandemic. As the church has regathered in person not only has the church numerically grown but so has some of the structure to underpin and facilitate it. As the leadership training pipeline has increased we are highly expectant to start planting churches by this time next year and have a number of plans in place to facilitate it.
With the second part, we have now moved from meeting in homes to the regular hiring of office space to facilitate the growth. A team is now in place exploring multiple different options around longer term facilities with nothing concreate yet on the table.
We are still a fairly young church, but with this growth there is need to ensure we have the foundation and development for all that is ahead of us. While there is much that is still unknown for how the next season will unfold. We are aware of the potential for significant impact from the cost-of-living crisis. Without a doubt though, there is a growing group of people who are committed to fulfilling the vision of Manchester Vineyard. We plan to take each stage a step at a time to ensure we remain healthy and strong to continue to be a great value to our city as we serve God in all we do.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
Now that 422 community hub building project is very close to completion. We have 14 amazing renovated spaces that will be hireable, including a large hall, sublets and use for a whole variety of purposes that add benefit back into the community and meeting the needs of so many that are around.
Volunteers
We actively encourage people to volunteer their time and get involved serving the church. We could not operate and do everything we do without the generosity and dedication of those who diligently serve each year.
Throughout the year we had opportunities for voluntary hours both in support of Sunday, mid-week activities, administration and in our project 422.
Active volunteers - 119
Total volunteer hours for the year – 23,300
Financial Review
The trustees, after appropriate review, have a reasonable expectation that the church has adequate resources to continue in operational existence for the foreseeable future.
Income received by the charity for the period ending 31[st] July 2022 totalled £560,020 (2021: £288,400), a growth of 94%. This included restricted income totalling £331,224 (2021: £127,154). Expenditure for the period amounted to £505,611 (2021: £316,219), resulting in a surplus of £54,409 (2021 was a deficit of £27,819).
Going Concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Fund Raising
Manchester Vineyard is very careful and sensitive in how we raise funds. The church does not employ or work with professional fundraisers, nor do we solicit donations on the street, via phone calls or letters. We invite those who are part of our church to support the work and where a person is not able to financially support the work we respect this.
Generosity is an important part of our understanding of God’s character and his will for us is to flourish in this area.
This is taught with care at various points in the year during our weekly Sunday service. It is very important to us that an individual never feels compelled to give and we are always clear that whatever they may decide to give is between them and God.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
Pay Policy
A remuneration committee makes recommendations to the trustees for the salary scales for all staff and for specific salaries on those scales for senior staff. The trustees consider the recommendations for any individuals in their absence.
Risk Management
The Trustees have implemented appropriate policies to manage the internal finances of the charity. The systems of internal control are designed to provide reasonable, but not absolute, assurance against material misstatement or loss. They include:
-
a) an annual Budget considered by the Trustees;
-
b) regular consideration by the Trustees of financial reports;
-
c) delegation of authority and segregation of duties;
-
d) Identification and management of risks.
The trustees aim to review on a regular basis the adequacy of the system and the main risks that the Church may find arising. The trustees believe that maintaining the free reserves, combined with appropriate reviews of the controls over key financial systems, provides sufficient resources in the event of unexpected adverse conditions.
Summary
The Trustees consider that they have complied with the Charities Act 2011 and that the church and its membership are meeting the charitable objectives that were determined when the church was formed. As it grows, it is expected that the church’s community will have further opportunities to increase its activity and influence.
Reserves Policy
The reserves policy set by the Trustees is to carry net unrestricted income equal to a minimum of 6 months’ committed expenditure. Committed expenditure includes Sunday venue costs, all salary costs plus any direct debits. At 31[st] July 2022, the 6-month committed expenditure amount was £76.4k. Unrestricted net income at the year-end were £145.1k and the Trustees are happy that this amount is well above the policy set.
Trustees’ approval of the annual report
The annual report was approved by the trustees on 19[th] May 2023
Paul Bevan
Signed on behalf of the trustees board
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31[st] JULY 2022
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2022.
Responsibilities and Basis of Report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Since the charities gross income exceed £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 ICAEW, which is one of the listed bodies
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
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 that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work or for this report.
Signed: Jonathan Wilson FCA CTA Chartered Accountant - ICAEW
Dated: 19[th] May 2023
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
STATEMENT of FINANCIAL ACTIVITIES
For the year ended 31[st] July 2022
| Notes Incoming resources: Donations and legacies 2 Grants 3 Charitable Activities Investments Trading Activities Total incoming resources Resources expended: Charitable activities 4 Cost of Trading Total resources expended: Net surplus for the year Transfer between funds Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted Funds Restricted Funds Total Funds 2022 £ £ £ 181,605 78,518 260,123 - 252,706 252,706 9,628 - 9,628 16 - 16 37,547 - 37,547 228,796 331,224 560,020 177,503 256,872 434,375 48,211 23,025 71,236 225,714 279,897 505,611 3,082 51,327 54,409 (41) 41 - 3,041 51,368 54,409 142,034 126,086 268,120 145,075 177,454 322,529 |
Unrestricted Funds Restricted Funds Total Funds 2021 £ £ £ 153,611 55,877 209,488 7,368 71,277 78,645 203 - 203 21 - 21 43 - 43 |
|
|---|---|---|---|
| 161,246 127,154 288,400 |
|||
| 112,618 203,110 315,728 491 - 491 |
|||
| 113,109 203,110 316,219 |
|||
| 48,137 (75,956) (27,819) (3,930) 3,930 - |
|||
| 44,207 (72,026) (27,819) |
|||
| 97,827 198,112 295,939 |
|||
| 142,034 126,086 268,120 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure has arisen from continuing operations.
The notes on page 13 to 23 form part of these accounts.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
BALANCE SHEET
As at 31[st] July 2022
| Notes Fixed Assets Tangible assets 7 Current Assets Debtors 8 Cash at Bank Total Current Assets Creditors Amounts falling due within one year 9 Net Current Assets Amounts falling due after one year 10 Total Net Assets Represented by: Unrestricted funds Restricted funds Total funds |
Unrestricted Funds Restricted Funds Total Funds 2022 £ £ £ 28,604 - 28,604 11,543 1,019 12,562 151,048 176,435 327,483 162,591 177,454 340,045 17,972 - 17,972 144,619 177,454 322,073 28,148 - 28,148 145,075 177,454 322,529 145,075 - 145,075 - 177,454 177,454 145,075 177,454 322,529 |
Unrestricted Funds Restricted Funds Total Funds 2021 £ £ £ 17,013 - 17,013 5,361 4,971 10,332 124,595 121,115 245,710 |
|
|---|---|---|---|
| 129,956 126,086 256,042 4,935 - 4,935 |
|||
| 125,021 126,086 251,107 - - - |
|||
| 142,034 126,086 268,120 |
|||
| 142,034 - 142,034 - 126,086 126,086 |
|||
| 142,034 126,086 268,1260 |
The financial statements were approved by the trustees on 19[th] May 2023 and were signed on its behalf by:
Paul Bevan
Trustees
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
CASHFLOW STATEMENT
For the year ended 31[st] July 2022
| Cashflow from operating activity Net incoming / (outgoing) resources for the year Adjustments for: Depreciation loss on disposals Increase in debtors Increase in creditors Net Cashflow from operating activities Cashflow from investing activities Payment to acquire fixed assets Net cashflow from investment activities Cashflow from financing activities Repayments of borrowings Net cash from financing activities Net increase / (decrease) in cash in the year Cash at the beginning of the year Cash at the end of the year |
2022 2021 £ £ 54,409 (27,819) 7,313 8,340 4,106 453 (2,230) (2,459) 4,148 2,767 |
|---|---|
| 67,746 (18,718) |
|
| (23,010) (3,634) |
|
| (23,010) (3,634) |
|
| 37,037 - |
|
| 37,037 - |
|
| 81,773 (22,352) 245,710 268,062 |
|
| 327,483 245,710 |
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
1) Accounting Policies
The financial statements have been prepared in accordance with applicable accounting standards in the United Kingdom (FRS 102), the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and with the Charities Act 2011. The financial statements are prepared on a going concern basis and the accounting policies have been applied consistently, other than where new policies have been adopted. The charity meets the definition of a public benefit entity as set out in FRS 102
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (accounts and Reports) Regulation 2008 only to the extent required to provide a ‘true and fair’ view. The departure has involved following the Charities SORP (FRS 102) published on 16[th] July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1[st] April 2005 which has since been withdrawn.
a) Fund accounting
Unrestricted Funds: These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds: These are unrestricted funds earmarked by the trustees for particular purposes. 20% of our voluntary income is set apart to be given away, or spent on activities which benefit those outside our church. There is no legal obligation to set apart these funds; this is simply a long term policy agreed by the trustees.
Restricted funds: These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
b) Income
Income is composed principally of donations by Church members and gift aid reclaimed on donations where eligible. The nature of the Church’s regular income means that income is brought into account only when the income is received. Gift aid reclaimed is recognised in the financial period to which it relates.
Income from any other activities is recognised when earned.
Investment income is recognised on a receivable basis and arises from interest bearing deposit accounts.
c) Voluntary Help and Gifts in kind
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these accounts as they cannot be reliably measured.
Donated goods and services, where significant, are included in income at an estimate of their value to the charity. An expense is recognised as those goods, facilities and services are consumed or distributed to beneficiaries.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
1) Accounting Policies (Continued)
d) Expenditure
Expenditure, including irrecoverable VAT, is recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Charitable activities is accounted for on an accruals basis, the costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
e) Government Grants
Government grants relating to tangible fixed assets are treated as deferred income and released to the statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the statement of financial activities as the related expenditure is incurred.
f) Taxation
The Church is a registered charity, and as such, is entitled to certain exemptions on income and profits from investments and surplus on any activities carried on in furtherance of the Church’s primary objectives, based on the assumption that these surpluses are applied solely for charitable purposes.
g) Tangible Fixed Assets
Fixed Assets are recorded at cost of purchase less accumulated depreciation. The Church generally capitalises assets which meet or exceed a de minimis value of £250 and are likely to have a useful economic life of more than one year.
Depreciation is charged at the following annual rates, commencing in the year of acquisition at rates estimated to write off their cost, less any estimated residual value, over their expected useful lives.
Motor vehicles: 20% straight Line, accrued from the month of purchase Other assets: 15% straight Line, accrued from the month of purchase
h) Debtors & Creditors
The Church recognises all transactions on an accruals basis, which is to say that all sums due to or from the Church are included in the year which they occurred. If they have not been paid or received, they are included as a debtor or creditor.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
1) Accounting Policies (Continued)
i) Pensions
The church operates a defined contribution pension scheme, contributions payable to the scheme are charged to the Statement of Financial Activities in the period to which they relate.
j) VAT
Manchester Vineyard is registered for VAT. VAT is not recoverable in respect of the charitable part of Manchester Vineyard's activities. VAT is recoverable in respect of the portion of Manchester Vineyard's activities which are defined as business activities for VAT purposes.
Where applicable Manchester Vineyard claims a portion of the VAT on expenditure based on the proportion of business to charitable activity that we undertake as agreed with HMRC.
Expenditure classified as charitable in nature is therefore shown in these financial statements inclusive of the VAT that we are unable to reclaim.
k) Going concern
The trustees have determined that there is no material uncertainty that casts doubt on the entity’s ability to continue as a going concern.
l) Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments, which are initially recognised at transaction value and subsequently measured at their settlement value.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
2) Donations and legacies
The majority of the incoming resources are donations from Church members.
| Income from donations Gift Aid |
Unrestricted Funds Restricted Funds Total Funds 2022 £ £ £ 149,668 70,136 219,804 31,937 8,382 40,319 181,605 78,518 260,123 |
Unrestricted Funds Restricted Funds Total Funds 2021 £ £ £ 130,828 49,656 180,484 22,783 6,221 29,004 |
|
|---|---|---|---|
| 153,611 55,877 209,488 |
3) Grants Income Received
| Unrestricted Funds Restricted Funds Total Funds 2022 £ £ £ Manchester City Council - 19,476 19,476 Sports England – Lottery Fund - 5,123 5,123 National Lottery Fund - 100,944 100,944 One Manchester - - - Great Places - - - All Churches Trust - - - Greater Manchester Police - - - The Charity Service – TCSPT - - - Virgin Media O2 Together Fund - - - Government Grants - - - GMCVO - 10,000 10,000 Postcode Neighbourhood Trust - 16,000 16,000 Oglesby Charitable Trust - 70,000 70,000 Travis Perkins - 2,478 2,478 Asda - 20,000 20,000 Manchester Guardian Society Trust - 3,500 3,500 |
Unrestricted Funds Restricted Funds Total Funds 2021 £ £ £ - 4,900 4,900 - - - - 24,877 24,877 - 18,000 18,000 - 2,000 2,000 - 18,000 18,000 - 1,500 1,500 - 1,000 1,000 - 1,000 1,000 7,368 - 7,368 - - - - - - - - - - - - - - - - - - |
|---|---|
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
| Manchester Wellbeing Fund Arnold Clark Coop Forever Manchester Manchester BME Network Other |
- 2,585 2,585 - 1,000 1,000 - 340 340 - 100 100 - 500 500 - 660 660 - 252,706 252,706 |
- - - - - - - - - - - - - - - - - - |
|
|---|---|---|---|
| 7,368 71,277 78,645 |
4) Resources expended
| Gathering & Events Training & Conferences Pastoral Outreach & Giving Staff Costs 422 Project Renovation Administration |
Unrestricted Funds Restricted Funds Total Funds 2022 £ £ £ 52,931 - 52,931 4,183 - 4,183 1,958 - 1,958 17,277 38,005 55,282 64,526 - 64,526 - 218,867 218,867 36,628 - 36,628 177,503 256,872 434,375 |
Unrestricted Funds Restricted Funds Total Funds 2021 £ £ £ 10,817 - 10,817 1,877 - 1,877 1,563 - 1,563 10,388 23,678 34,066 60,559 - 60,559 - 179,432 179,432 27,414 - 27,414 |
|
|---|---|---|---|
| 112,618 203,110 315,728 |
5) Governance Costs
The costs of governance is included in resources expended and is as follows:
| Total 2022 £ 12,392 |
Total 2021 £ |
|---|---|
| 7,509 |
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
6) Staff Costs
An analysis of staff costs is as follows:
| Wages and Salaries Employers national Insurance Employers pensions contributions |
Total 2022 £ 91,616 6,851 4,440 102,907 |
Total 2021 £ 60,774 1,555 3,005 |
|---|---|---|
| 65,334 |
No employees received employment benefits of more than £60,000 in either in the current or preceding year.
| An analysis of average no. of employees is as follows: Pastoral Operational The average number of employees during the year was An analysis of average full time equivalent of employees is as follows: Pastoral Operational The number of full time equivalent staff was |
Total 2022 6.1 4.0 10.1 Total 2022 2.0 1.7 3.7 |
Total 2021 3.5 4.6 |
|---|---|---|
| 8.1 | ||
| Total 2021 1.6 0.7 |
||
| 2.3 |
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
7) Tangible Fixed Assets
| Cost Brought forward Additions in the year Disposals in the year Carried forward Depreciation Brought forward Charge for the year Disposal in the year Carried forward Net Book Value at 31st July 2022 at 31stJuly 2021 |
Media & Sound Equipment Office Equipment Other Equipment Motor Vehicles Total £ £ £ £ £ 12,146 7,860 5,736 22,397 48,139 20,353 1,908 749 - 23,010 - - - (22,397) (22,397) |
|---|---|
| 32,499 9,768 6,485 - 48,752 |
|
| 6,358 4,192 2,285 18,291 31,126 4,875 1,465 973 - 7,313 - - - (18,291) (18,291) |
|
| 11,233 5,657 3,258 - 20,148 |
|
| 21,266 4,111 3,227 - 28,604 |
|
| 5,788 3,668 3,451 4,106 17,013 |
8) Debtors
| Gift Aid debtor Other debtors |
Total 2022 £ 5,070 7,492 12,562 |
Total 2021 £ 4,204 6,128 |
|---|---|---|
| 10,332 |
The gift aid tax refund owed at the year end were received in the months following the end of the year.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
9) Creditors – amounts falling due within one year
| Accruals Pensions Taxation and social security Loan within one year Other creditors |
Total 2022 £ 5,554 131 2,463 8,889 935 17,972 |
Total 2021 £ 2,407 971 1,557 - - |
|---|---|---|
| 4,935 |
10) Creditors – amounts falling due after one year
| Loan after one year Included within the above are amounts falling due as follows: Between one and two years Loan Between one and two years Loan |
Total 2022 £ 28,148 28,148 Total 2022 8,888 19,260 |
Total 2021 £ - |
|---|---|---|
| - | ||
| Total 2021 - |
||
| - |
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
11) Analysis of movement in funds
| Opening | Incoming | Outgoing | Transfers | Closing | |
|---|---|---|---|---|---|
| balance | resources | resources | balance | ||
| 2021 | 2022 | 2022 | 2022 | 2022 | |
| Restricted Funds | £ | £ | £ | £ | £ |
| For the City | 105 | 330 | 410 | - | 25 |
| 422 Manchester Project | 103,096 | 277,705 | 253,312 | - | 127,489 |
| Build for the future | - | 49,043 | 5,000 | - | 44,043 |
| Food Bank on Wheels | 3,333 | - | - | - | 3,333 |
| Acts 2 – Covid Response | 19,565 | 2,555 | 20,775 | - | 1,345 |
| Other | (13) | 1,591 | 400 | 41 | 1,219 |
| 126,086 | 331,224 | 279,897 | 41 | 177,454 | |
| Unrestricted Funds | 142,034 | 228,796 | 225,714 | (41) | 145,075 |
| Total | 268,120 | 560,020 | 505,611 | - | 322,529 |
| Opening balance 2020 |
Incoming resources 2021 |
Outgoing resources 2021 |
Transfers 2021 |
Closing balance 2021 |
|
| Restricted Funds | £ | £ | £ | £ | £ |
| For the City | 85 | 230 | 210 | - | 105 |
| 422 Manchester Project | 182,234 | 101,991 | 181,209 | 80 | 103,096 |
| Food Bank on Wheels | 2,796 | 6,554 | 6,017 | - | 3,333 |
| Acts 2 – Covid Response | 12,953 | 17,999 | 15,237 | 3,850 | 19,565 |
| Other | 44 | 380 | 437 | - | (13) |
| 198,112 | 127,154 | 203,110 | 3,930 | 126,086 | |
| Unrestricted Funds | 97,827 | 161,246 | 113,109 | (3,930) | 142,034 |
| Total | 295,939 | 288,400 | 316,219 | - | 268,120 |
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
Restricted Funds and the use of these funds are as follows:
For the City: To fund compassion projects in Manchester 422 Manchester Project: An ongoing project to acquire and renovate a building leased from Manchester City Council to facilitate outreach work in the local community Build for the future: To fund the future growth and expansion of Manchester Vineyard objectives. Food Bank on Wheels: In partnership with Manchester City Council provide a food bank to support those in need in the local community due to Covid-19 Acts 2 – Covid-19 Response: Support those in need in our city, church members and overseas projects in Albania, India, Kenya & Austria
12) Transactions with trustees
None of the trustees received any fees for their services as Trustees. P Lowe and N Woodcock are Trustees and engaged in Ministry for the Church, for which employment costs of £51,663 (2021: £29,365) were made during the year, this includes all employer costs. Included in this amount, employer pension contributions of £2,241 (2021: £1,276) were made.
These payments are permitted by section 6 (2g) of the charities governing document.
Except for the reimbursement of expenses incurred when acting as agent for the charity, no expenses were paid to, or for, the trustees.
13) Transactions with related parties
The following is a summary of organisations and individuals, which are related to Manchester Vineyard together with details of the transactions made with them during the year.
Vineyard Churches UK & Ireland (Charity No. 1099748) connects churches with common values and practices, providing spiritual guidance and oversight to Vineyard church leaders. We use the name Vineyard with their permission and give them 5% of our voluntary income to help support their work, this totalled £9,086 (2021 £7,648)
We also employ staff for additional hours to carry out work on behalf of VCUKI and are reimbursed for this activity the amount refunded totalled £37,673 (2021 £35,879) in the year, these are not included in our staff costs in Note 6.
The charity received donations totalling £15,188 (2021: £9,025) from related parties, including any related gift aid (related parties includes the trustees, any other members of key management and anyone closely connected to them).
Remuneration in the year was paid to family members of the Trustee P Lowe who were employed in their own right employment costs totalling £21,796 (2021 £20,526) were made.
There are no further related party transactions to disclose apart from these above.
Manchester Vineyard
Annual Report and Financial Statements for the year ended 31[st] July 2022
NOTES to the FINANCIAL STATEMENTS
For the year ended 31[st] July 2022
14) Fund Transfers
Expenditure from prior years have been corrected in this year for cost that had been allocated to unrestricted funds rather than restricted funds.
15) Control
There is no ultimate controlling party.
16) Going Concern
The trustees have determined that there is no material uncertainty that casts doubt on the entity’s ability to continue as a going concern.