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2021-04-05-accounts

Hackney Vineyard Church

Report and Accounts Year ended 05 April 2021

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

HACKNEY VINEYARD CHURCH

LEGAL AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 05 APRIL 2021

ADDRESS FOR CORRESPONDENCE GOVERNING DOCUMENT CHARITY REGISTRATION NUMBER TRUSTEES RESPONSIBLE FOR MANAGING THE CHARITY

Flat 38, Cottrill Gardens Marcon Place LONDON E8 1NY CIO - Constitution dated 30 March 2016 1166271 Mark Ensing (Chair) Jason Cooper David Crisp

BANKERS ACCOUNTANT

CAF Bank Ltd

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Page 1 Pages 2-3 Page 4 Page 5 Page 6 Page 7

Legal and Administrative Details Trustees' Report Accountant's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts

Page 1

Trustees Annual Review 2021

Objectives and Activities

To advance the Christian religion for the public benefit in accordance with the statement of faith adopted by the charity in such parts of the United Kingdom and the world through:

The activities which help the church fulfil these objectives are:

Achievements and Performance

Due to the coronavirus pandemic, we were unable to meet on Sunday mornings in person. The Pembury Community Centre remained closed throughout the financial year. However, we did meet online via zoom and attendance at these meetings was good. Regular sermons were posted to YouTube and Facebook. Some of these messages had a very large number of views particularly at the beginning of the lockdown.

Some Life Groups met in person when government guidelines permitted, and we had a church picnic during the summer which was well attended.

We also had a weekly Thursday evening prayer meeting online which was a real help, particularly to those who were living alone.

Pastoral visits were made, when regulations allowed it, prioritising those who struggled to access meetings online. Sometimes these were done while walking in local parks. This was a real lifeline to some members of the congregation who were experiencing isolation, depression and marital issues.

For a time, debt counselling was able to continue in partnership with Christians Against Poverty and another local church, Frampton Baptist church. This was a source of relief to members of our local community whose financial difficulties had been exacerbated by the pandemic.

2

Financial Review

Giving within the church remained stable throughout the year although very little was received in the way of cash offerings due to the lack of ‘in person’ gatherings. The church is registered with HMRC and the recoverable Gift Aid for the financial year is £1,121, which was received after the year end.

Current reserves policy is to maintain 3 months unrestricted expenditure which equates to approximately £2,500. The unrestricted funds balance at the year-end was £2,755.

Trustees Responsibilities

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud and any other irregularities.

In planning the activities, the Trustees have applied the guidance on Public Benefit issued by the Charity Commission.

Approval

This report was approved by the trustees on 25th November 2021

Mark Ensing Chair of Trustees

3

ACCOUNTANT’S REPORT ON THE FINANCIAL STATEMENTS OF AN UNAUDITED CHARITY

Accountant’s Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Hackney Vineyard Church for the period ended 05 April 2021.

In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the accounts of Hackney Vineyard Church for the period ended 05 April 2021 as set out on pages 5 to 7 from the accounting records and from information and explanations you have given us.

This report is made solely to the Trustees of the charity, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of the charity and state those matters that we have agreed to state to the Trustees of the charity. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its Trustees as a body for our work or for this report.

It is your duty to ensure that the charity has kept adequate records and to prepare statutory accounts that meet the requirements of the Charities Act 2011 for the charity. You consider that the charity is exempt from the statutory audit requirement for the year and is eligible to prepare ‘Receipts and Payments’ accounts.

We have not been instructed to carry out an audit or review of the accounts of the charity. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 01 December 2021

Page 4

HACKNEY VINEYARD CHURCH

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 05 APRIL 2021

Notes
Income receipts
Donations
Gift aid receipts
Total receipts
Payments
2
Total payments
Transfers between funds
5
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Net
of
receipts
/
(payments)
before
transfers
Payments
in
relation
to
charitable
activities undertaken directly
General
Designated
Funds
Funds
£
£
9,808
-
1,191
-
10,999
-
9,941
-
9,941
-
1,058
-
-
-
1,058
-
1,697
-
2,755
-
Unrestricted Funds
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
Total
2021
£
9,808
1,191
10,999
9,941
9,941
1,058
-
1,058
1,697
2,755
Total
2020
£
General
Funds
£
9,808
1,191
10,999
9,941
9,941
1,058
-
1,058
1,697
2,755
10,496
3,869
14,365
16,461
16,461
(2,097)
-
(2,097)
3,793
1,697

The notes on page 7 form part of these accounts.

Page 5

HACKNEY VINEYARD CHURCH

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 05 APRIL 2021

A
Cash funds
Cash at bank
B
Other monetary assets
Gift aid due to charity
C
Liabilities
Falling due within one year:
Unpaid expenses
Unbilled fee for Accounts Preparation
General
Designated
funds
funds
£
£
2,755
-
2,755
-
1,122
-
1,122
-
252
-
390
-
642
-
Unrestricted Funds
Restricted
funds
£
-
-
-
-
-
-
-
Total
2021
£
2,755
2,755
1,122
1,122
252
390
642
Total
2020
£
1,697
1,697
1,191
1,191
-
390
390

D Assets retained for charity's own use

ets retained for charity's own use
Equipment
Value
2021
£
2,000
2,000
Value
2020
£
2,000
2,000

The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.

E Guarantees and secured debts

The charity has not given any guarantees and has not provided its assets as security for any liabilities.

The accounts were approved by the trustees and signed on their behalf

by date MARK ENSING 25 November 2021

The notes on page 7 form part of these accounts.

Page 6

HACKNEY VINEYARD CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 05 APRIL 2021

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

2
Payments in relation to charitable activities undertaken directly
Employment costs
Rent
Telephone and website
Insurance
Subscriptions and fees
Accounts preparation
Other costs
Unrestrict Designated
funds
£
-
-
-
-
-
-
-
-
ed Funds
Restricted
Funds
£
-
-
-
-
-
-
-
-
Total
2021
£
7,709
1,733
-
-
129
300
69
9,941
Total
2020
£
General
funds
£
7,709
1,733
-
-
129
300
69
9,941
9,274
6,000
80
275
772
-
60
16,461

3 Transactions with related parties

The charity has one employee, David Crisp, a trustee, to whom the employment costs above refer. The amounts paid are permitted by the governing document.

Page 7