OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-08-31-accounts

Hope Vineyard Church Oxford Trustees Annual Report and Unaudited Financial Statements Year ended 31 August 2025

Charity registration - 1173765

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Contents

Annual report and fnancial statements
Contents
Legal and administrative information 3
Trustees annual report 4
Objectives and activities 4
Achievements and performance 4
Financial review 6
Structure, governance & management 7
Statement of Board of Trustees’ responsibilities 7
Independent examiner’s report 9
Statement of fnancial activities 11
Balance sheet 12
Notes to the fnancial statements 13

Charity number 1173765

2

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Legal and administrative information

Charity name

Hope Vineyard Church Oxford

Charity registration no.

1173765

Company registration no.

CE011277

Registered office and contact details

58 Fern Hill Road Oxford OX4 2JP

Trustees

Josh Kay Chair Donna Bernard-Carlin Katie Elam David Jackson

Bank

HSBC 65 Cornmarket Street Oxford OX1 3HY

Accountant

Enaid Accountancy Platform 10 Engine Room Hood Road Barry CF62 5QL

Independent examiner

2E Accountants Ltd Unit 11, Flamingo Court 81 Crampton Street London SE17 3BF

Charity number 1173765

3

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Trustees annual report

The Board of Trustees submit their annual report and the financial statements of Hope Vineyard Church Oxford for the year ended 31 August 2025.

The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, including the Charity Act 2011, as well as the requirements of the Charity’s governing document and the provisions of the ‘Charities SORP (FRS 102) - 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) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Objectives and activities

Objects

The objects of the charity are:

• to advance the Christian faith in accordance with the statement of faith in Oxfordshire and such parts of the United Kingdom or the world in such ways as the trustees may from time to time think fit;

• to relieve persons who are in conditions of need or hardship by reason of their youth, age, ill-health, disability, financial or other disadvantage and to relieve the distress caused thereby in Oxfordshire and such parts of the United Kingdom or the world in such ways as the trustees may from time to time think fit;

• to promote and fulfill such other charitable purposes beneficial to the community in Oxfordshire and such parts of the United Kingdom or the world in such ways as the trustees may from time to time think fit.

Public beneft

Throughout the process of determining the activities outlined in this report, the Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the Charity.

Achievements and performance

This year we have continued to operate from the premises we lease in Templars Square Shopping Centre, Cowley, Oxford. We are thankful to the management team and landlord who continue to support our work. This has been a year of consolidation, where Hope Vineyard has continued to establish a significant role in the community impact of our Hope Projects. The church leadership structure has developed and grown, with numbers on Sundays remaining largely similar to the previous year.

Core community

Sunday Mornings at Hope: We meet once a week as a whole church community. In our Sunday Services, alongside times of sung worship and prayer we have studied Bible characters who encountered Jesus as well as spiritual practices such as scripture reading. Children of primary school age meet for their own programme of activities during the services as do young people of secondary school age. Sunday Breakfasts are held once a month with free food for everyone and activities linked to a theme.

We began a new monthly intercessory prayer where we gather to worship and pray for our city and beyond. Weekly Tuesday Morning Prayer and ‘Life Groups’ have continued. These are smaller groups of people meeting during the week to get to know each other better and practice living like Jesus, together.

We ran the Alpha Course for 3 months this year for those curious about faith in Jesus, and 2 went on to be baptised.

We organised a 12 hour-long prayer space in early April in the lead to Easter. People could book hour-long slots and use a range of creative mediums to pray for Oxford and the nations.

On Easter Sunday we baptised 5 people which was a highlight of the year for us. On Easter Sunday we gathered for an all age gathering, which was shared with our extended church family at Oxford Vineyard Church.

Charity number 1173765

4

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Vision Sunday was held in May. We shared key information on finances and activities, along with our focus for the year.

We hosted our annual ‘Weekend Together’ in May. As a church family we spent the weekend together, socialising, playing, eating, worshipping and praying.

We continued hosting monthly Sunday Lunches to allow us more time together as a community after one of our Sunday Services.

Bimonthly men’s and women’s events (including breakfasts. evening meals and walks) began this year, providing a space for friendships to deepen and new people to be invited into the community.

Wider Community Impact

‘Small Steps’, our children’s clothes and equipment resource, serves families from the local area and further afield with items that have been generously donated. It has continued to grow responding to the referrals received, and there have been new volunteers who support the project, often on a weekly basis. The staff team has remained in place with a Small Steps Assistant role, Small Steps Coordinator, who led with referrals, and Hope Projects Lead. Small Steps has also seen shop sales increase over the year. These sales contribute towards funding the running costs of the project.

Christmas Present Appeal: We hosted the Salvation Army’s Christmas Present Appeal from our venue. It was a privilege to invite the community to respond, and hundreds of new presents and wrapping paper were given through local professionals/ support workers, to parents who otherwise would have struggled to give their children gifts at Christmas time.

We organised another Christmas Carol Service in the middle of Templars Square Shopping Centre where passersby were invited to sing Carols, enter the Christmas jumper competition, eat mince pies and engage in the Christmas story.

Easter Egg Hunt- We hosted this free event for local families in the shopping centre. Over 250 Easter eggs given away.

Bags of Fun baby and toddler group and Fun Sorting Bags all age volunteer session. These continued every Wednesday during term time offering free play opportunities for young children, volunteer opportunities and the chance for local

Charity number 1173765

5

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

parents to meet new people. Funding has been given to enable us to employ a Under 5s facilitator for a session on a Wednesday, which has not only helped facilitate these sessions, but also increased our capacity to invest in the relationships made with those that participate.

We began Worship on the Streets, playing music and praying for anyone who wanted it every few weeks on the road outside the shopping centre in which we meet on Sundays.

Other activities/ Areas

Engaging in VCUK&I Conferences: A small number of people from Hope Vineyard Oxford attended national VCUKI conferences and events this year, including 2 going to the Leaning in, Leading out Conference hosted in London, Josh Kay attending the Area Leaders Gathering, in his role leading the Racial Diversity Network, 6 at the Vineyard Leadership Gathering, and then a group of 9 including young people & leaders to Dreaming The Impossible (DTI) Youth Festival, with Josh and Katie serving on the wider team supporting DTI as well.

Engaging in Local Church Network: Josh Kay continues to meet regularly with local church leaders in Cowley and Oxford.

Regional Roles: Katie Kay (Senior Pastor) continued her role supporting the VCUKI Multiply Team within the South Central Region for part of the year but handed this over due to other work commitments.

Josh Kay (Senior Pastor) continues to be involved in facilitating the conversation about racial diversity as a translocal leader within the Vineyard Movement. This involved leading a core team, who have launched a webpage and online resources to equip Vineyard Churches in UK and Ireland (VCUKI), and also leading a seminar at the Vineyard Leaders Gathering. Links to the network are on the VCUKI website. (https://www.vineyardchurches.org.uk/networks/ racial-diversity)

Governance: Hope Vineyard Trustees Nights continued quarterly. Josh and Katie continued attending gatherings with the South Central Region of Vineyard Senior Pastors, for oversight and connection. Additionally, they attend the Vineyard Senior Pastors Zoom Evening, receive monthly updates from VCUKI and spiritual direction.

Sabbatical for Josh and Katie: Josh and Katie who have led Hope Vineyard for 8 years took a 3 month sabbatical between June and the end of August 2025. This allowed them to rest and ‘switch off’ for a sustained period of time, ensuring they are able to continue spearheading the CIO and everything God wants to do through the church. As per Vineyard Churches guidelines, Hope Vineyard gave a gift to Josh and Katie to help enable refreshment during this time, recognising the leadership responsibility they carry. During this time, the Board of Trustees and core group of volunteer leaders supported Julie Stephenson and Martin Manser, in leading Hope Vineyard.

Financial review

During the current financial year the charity appointed a new independent examiner. As a result this year we have prepared our accounts on the accruals basis for the first time, meaning that the presentation of the prior year figures has changed.

The Charity achieved a surplus of £24,972 (2024 restated: deficit of £12,689) in the year resulting in total funds at the year-end of £90,564 (2024 restated: £65,592). Of those funds £82,016 (2024 restated: £59,201) were unrestricted as to use, however only £51,304 (2024 restated: £38,037) were available as general funds.

The ‘General Giving’ Fund of Hope Vineyard has continued to be funded through the generosity of individual donors, and specific funds continue to exist to manage projects. For instance, the Hope Projects Team (including Small Steps) is funded through restricted funding, which includes specific donations to Small Steps through grants and customers who chose to buy pre-loved clothes to support this project.

We are grateful to all who volunteer and partner with us through grants/ fundraising/ generously giving to enable Hope Vineyard to better provide for those within the community of Hope, and also enabling us to also reach out to others.

Reserves policy

The charity has set a reserves target of six months running costs which currently equates to around £43,000, which the current reserves exceed, but not excessively, at £51,304.

Charity number 1173765

6

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Structure, governance & management

Hope Vineyard Church Oxford is a charitable incorporated organisation and registered as a charity on 11 July 2017. The Charity was established under a constitution that sets out the objects and powers of the charity.

Recruitment and appointment of Trustees

The constitution requires a minimum of three trustees.

Trustees are subject to re-election on a rolling three year basis at the Annual General Meeting, with a maximum of three consecutive terms. Only the current Trustees can appoint new Trustees.

Employment & Volunteers

At year end August 2025, Employed staff were as follows:

The number of regular volunteers increased to around 35, who are volunteering on a monthly basis to enable Sunday Gatherings to happen. A similar number of additional volunteers engage in the various activities and community projects throughout the week that are listed above.

Statement of Board of Trustees’ responsibilities

The trustees are responsible for preparing the trustees’ Annual Report and the financial statements in accordance with applicable law and regulations.

Charity law requires the trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period. In preparing these financial statements, the trustees are required to:

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.

Charity number 1173765

7

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website.

Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the trustees confirm that they are happy that the content of the annual review in pages 4 to 8 of this document as well as the legal and administrative details on page 3, meet the requirements of the Trustees’ Annual Report under charity law.

They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

This report was approved and authorised for issue by the Board of Trustees on 18 June 2026 and signed on its behalf by:

JOSH KAY

CHAIR

Charity number 1173765

8

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Independent examiner’s report

I report to the Trustees on my examination of the accounts of Hope Vineyard Church Oxford (charity number 1173765) for the year ended 31 August 2025 which are set out on pages 11 to 23.

Respective responsibilities of trustees and examiner

The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act). The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. 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 examination work, for this report, or for the statements I have made.

Basis of independent examiner’s statement

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

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

Charity number 1173765

9

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

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.

RIZ WASTI ACMA, CGMA

DATED: 18 JUNE 2026

2E Accountants Ltd Unit 11, Flamingo Court 81 Crampton Street London SE17 3BF

Charity number 1173765

10

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Statement of financial activities

For the year ended 31 August 2025

tatement of fnancial activities
or the year ended 31 August 2025
Notes
Income from:
Donations & legacies
3
Charitable activities
4
Total income
Expenditure on:
Charitable activities
Hope Church
5 & 6
Hope Projects
5 & 7
Total expenditure
Net income/(expenditure)
Transfers between funds
11
Net movement in funds
Reconciliation of funds
Balance brought forward
11 & 12
Balance carried forward
11 & 12		 Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
Year ended
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2025
31 Aug 2025
31 Aug 2025
(restated)
£
£
£
£
64,501
24,614
89,115
55,227
-
15,631
15,631
12,341
64,501
40,245
104,746
67,568
40,911
4,042
44,953
49,560
775
34,046
34,821
30,697
41,686
38,088
79,774
80,257
22,815
2,157
24,972
(12,689)
-
-
-
-
22,815
2,157
24,972
(12,689)
59,201
6,391
65,592
78,281
82,016
8,548
90,564
65,592

The notes on pages 13 to 23 form part of the financial statements.

The prior year accounts were prepared on the cash basis as permitted for unincorporated charities with income below £250,000. As a result of the appointment of a new independent examiner the accounts have been prepared on the accruals basis for the first time this year. As a consequence the prior year figures have been restated to take account of the change in presentation and do not match the figures previously reported.

Charity number 1173765

11

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Balance sheet

As at 31 August 2025

Notes
Current assets
Debtors & prepayments
9
Cash at bank and in hand
Creditors:
Amounts falling due within
one year
10
Net current assets
Net assets
Funds of the charity
Restricted funds
11 & 12
Unrestricted funds
Designated funds
11 & 12
General funds
11 & 12
Unrestricted funds
Total funds		 £
1,833
93,439		 Total
funds
31 Aug 2025
£



90,564		 £
8,829
61,033		 Total
funds
31 Aug 2024
(restated)
£



65,592
95,272
(4,708)		 69,862
(4,270)
30,712
51,304


21,164
38,037
90,564 65,592
8,548


82,016		 6,391


59,201

90,564 65,592

The notes on pages 13 to 23 form part of the financial statements.

The prior year accounts were prepared on the cash basis as permitted for unincorporated charities with income below £250,000. As a result of the appointment of a new independent examiner the accounts have been prepared on the accruals basis for the first time this year. As a consequence the prior year figures have been restated to take account of the change in presentation and do not match the figures previously reported.

These financial statements were approved and authorised for issue by the Board of Trustees on 18 June 2026 and signed on their behalf by:

JOSH KAY

CHAIR

Charity number 1173765

12

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

Notes to the financial statements

1. Accounting policies

Basis of preparation of the financial statements

The financial statements have been prepared in accordance with ‘Charities SORP (FRS 102) - 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) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The effect of any event relating to the year ended 31 August 2025, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 August 2025 and the results for the year ended on that date.

Using the exemption available to smaller charities, the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.

The functional currency of the Charity is sterling and amounts in the financial statements are rounded to the nearest pound.

These accounts for the year ended 31 August 2025 are the first accounts of Hope Vineyard Church Oxford prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.

The date of transition to FRS 102 was 1 September 2023. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.

The prior year accounts were prepared on the cash basis as permitted for unincorporated charities with income below £250,000. As a result of the appointment of a new independent examiner the accounts have been prepared on the accruals basis for the first time this year. As a consequence the prior year figures have been restated to take account of the change in presentation and do not match the figures previously reported.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Going concern

The financial statements have been prepared on the going concern basis as the Board of Trustees is confident that future reserves and future income is more than sufficient to meet current commitments. There are no material uncertainties that impact this assessment, and the external economic environment has had no material impact on this assessment.

Legal status

Hope Vineyard Church Oxford is a charitable incorporated organisation registered in England & Wales and meets the definition of a public benefit entity as defined by FRS 102. The registered office is 58 Fern Hill Road, Oxford, OX4 2JP

Fund Accounting

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 and which have not been designated for other purposes.

Designated funds are unrestricted funds which have been designated for a specific purpose by the Trustees. The aim and use of each designated fund is set out in note 11 of the financial statements.

Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in note 11 of the financial statements.

Charity number 1173765

13

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

1. Accounting policies (continued from previous page)

Income

Income is recognised when the charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.

Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable.

Income from charitable activities is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless it relates to a specific future period or event, in which case it is deferred.

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities, those costs of an indirect nature necessary to support them and an allocation of governance costs.

Support costs are allocated between governance costs and other support costs. Governance costs comprise those costs involving the public accountability of the charity and its compliance with regulations and good practice. Other support costs relate to the administrative costs of running the charity and are allocated to charitable activities accordingly.

Irrecoverable VAT is charged against the category of expenditure for which it is incurred.

Tangible fixed assets and depreciation

All assets costing more than £1,000 are capitalised.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their useful life, and are depreciated on the following basis:

Computer equipment 3 years

Cash at bank and in hand

Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.

Debtors

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

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the obligation can be measured or estimated reliably.

Pensions

The Charity operates a defined contribution pension scheme which is administered by an external independent pension provider. Contributions are recognised in the Statement of Financial Activities as they fall due.

Charity number 1173765

14

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

  1. Accounting policies (continued from previous page)

Critical estimates and judgements

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

Financial instruments

Basic financial instruments are measured at amortised cost other than investments which are measured at fair value.

  1. Comparative statement of fnancial activities
Notes
Income from:
Donations & legacies
3
Charitable activities
4
Total income
Expenditure on:
Charitable activities
Hope Church
5 & 6
Hope Projects
5 & 7
Total expenditure
Net income/(expenditure)
Transfers between funds
11
Net movement in funds
Reconciliation of funds
Balance brought forward
11 & 12
Balance carried forward
11 & 12		 Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
(restated)
(restated)
(restated)
£
£
£
47,259
7,968
55,227
-
12,341
12,341
47,259
20,309
67,568
45,542
4,018
49,560
12,622
18,075
30,697
58,164
22,093
80,257
(10,905)
(1,784)
(12,689)
(28)
28
-
(10,933)
(1,756)
(12,689)
70,134
8,147
78,281
59,201
6,391
65,592

Charity number 1173765

15

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

3. Income from donations & legacies

4. Income from charitable activities
Donations
Grants
Donations
Grants
Small Steps takings
Small Steps takings		 Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
64,501
771
65,272
-
23,843
23,843
64,501
24,614
89,115
Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
(restated)
(restated)
(restated)
£
£
£
47,259
2,924
50,183
-
5,044
5,044
47,259
7,968
55,227
Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
-
15,631
15,631
-
15,631
15,631
Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
(restated)
(restated)
(restated)
£
£
£
-
12,341
12,341
-
12,341
12,341

Charity number 1173765

16

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

  1. Total expenditure
Hope Church
Hope Projects
Hope Church
Hope Projects		 Grants
Other
to other
Staff
direct
Support
Total
organisations
costs
costs
costs
funds
Year ended
Year ended
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
£
£
4,007
18,156
17,788
5,002
44,953
-
29,380
1,567
3,874
34,821
4,007
47,536
19,355
8,876
79,774
Grants
Other
to other
Staff
direct
Support
Total
organisations
costs
costs
costs
funds
Year ended
Year ended
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2024
(restated)
(restated)
(restated)
(restated)
(restated)
£
£
£
£
£
4,283
19,137
20,429
5,711
49,560
-
26,260
899
3,538
30,697
4,283
45,397
21,328
9,249
80,257

Support costs, including governance costs, which cannot be directly attributed to activities, were allocated between cost centres proportionate to the direct staff and other costs allocated to those activities.

An analysis of expenditure on Hope Church split between restricted and unrestricted funds can be found in note 6.

An analysis of expenditure on Hope Projects split between restricted and unrestricted funds can be found in note 7.

An analysis of staff costs can be found in note 8.

Support costs include:

Premises
Administration
Governance		 Total
Total
funds
funds
Year ended
Year ended
31 Aug 2024
31 Aug 2025
(restated)
£
£
1,279
1,572
6,060
5,919
1,537
1,758
8,876
9,249

Charity number 1173765

17

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

5. Total expenditure (continued from previous page)

Governance costs consists of:

Expenditure on Hope Church
Independent examination
Insurance
Grants to other organisations
Staff costs
Other direct costs
Support costs
Grants to other organisations
Staff costs
Other direct costs
Support costs		 Unrestricted
funds
Year ended
31 Aug 2025
£
4,007
15,023
17,418
4,463		 Total
Total
funds
funds
Year ended
Year ended
31 Aug 2024
31 Aug 2025
(restated)
£
£
840
1,062
697
696
1,537
1,758
Restricted
Total
funds
funds
Year ended
Year ended
31 Aug 2025
31 Aug 2025
£
£

-
4,007

3,133
18,156

370
17,788

539
5,002
40,911
4,042
44,953
Unrestricted
funds
Year ended
31 Aug 2024
(restated)
£
2,363
17,039
20,429
5,711		 Restricted
Total
funds
funds
Year ended
Year ended
31 Aug 2024
31 Aug 2024
(restated)
(restated)
£
£

1,920
4,283

2,098
19,137

-
20,429

-
5,711
45,542
4,018
49,560

6. Expenditure on Hope Church

Charity number 1173765

18

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

  1. Expenditure on Hope Projects
Staff costs
Staff costs
Other direct costs
Support costs
Staff costs
Other direct costs
Support costs
Salaries
Employer's pension		 Unrestricted
funds
Year ended
31 Aug 2025
£
494
-
281
775
Unrestricted
funds
Year ended
31 Aug 2024
(restated)
£
12,622
-
-		 Restricted
Total

funds
funds

Year ended
Year ended

31 Aug 2025
31 Aug 2025

£
£

28,886
29,380

1,567
1,567

3,593
3,874

34,046
34,821
Restricted
Total
funds
funds
Year ended
Year ended
31 Aug 2024
31 Aug 2024
(restated)
(restated)
£
£

13,638
26,260

899
899

3,538
3,538
12,622
18,075
30,697
Total
Total
funds
funds
Year ended
Year ended
31 Aug 2024
31 Aug 2025
(restated)
£
£
47,237
45,120
299
277
47,536
45,397

8. Staff costs

The average headcount during the period was 6 persons (2024: 6 persons).

No employee received employee benefits of more than £60,000 (2024: Nil).

The total employee benefits paid to key management personnel during the year was £15,600 (2024: £15,023). This figures consists of the employment costs for the senior pastors including the Racial Diversity Network role that is supported by Vineyard Churches UK & Ireland.

Charity number 1173765

19

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

9. Debtors and prepayments

10. Creditors-amounts falling due within one year
Trade debtors
HMRC control account
Accrued gift aid
Trade creditors
Accruals
Pension control account		 Total
Total
funds
funds
31 Aug 2024
31 Aug 2025
(restated)
£
£
356
-
-
387
1,477
8,442
1,833
8,829
Total
Total
funds
funds
31 Aug 2024
31 Aug 2025
(restated)
£
£
507
527
4,121
3,689
80
54
4,708
4,270

Charity number 1173765

20

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

  1. Analysis of charity funds
Unrestricted funds
General funds
Designated funds
Giving fund
Designated grants
Designated funds
Unrestricted funds
Restricted funds
New Things fund
Small Steps
Racial Diversity
Hope Projects
Other
Restricted funds
Total funds		 Balance
Income
Expenditure
Transfers
Balance
brought
for the
in the
between
carried
forward
year
year
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
£
£
38,037
64,501
(37,044)
(14,190)
51,304
20,670
-
(4,148)
14,190
30,712
494
-
(494)
-
-
21,164
-
(4,642)
14,190
30,712
59,201
64,501
(41,686)
-
82,016
3,713
-
(159)
-
3,554
-
16,191
(16,191)
-
-
1,546
3,644
(3,672)
-
1,518
960
20,199
(17,855)
-
3,304
172
211
(211)
-
172
6,391
40,245
(38,088)
-
8,548
65,592
104,746
(79,774)
-
90,564

Giving Fund

The Giving Fund represents 22% of unrestricted donations and gift aid received during the year, which is recognised by the transfer from General Funds shown above. The Trustees are committed to spending this on activities which do not benefit Hope Vineyard Church directly.

Designated grants

The Designated Grants Fund is money received from unrestricted grants due to Covid 19, which the trustees have set aside to be spent on valuable projects/causes.

New Things fund

The New Things Fund was the result of a gift day in July 2020 and is to be used to equip and refurbish a new venue in Templars Square Shopping Centre.

Small Steps

Small Steps project is a childrens’ clothes and equipment resource based in the Templars Square Shopping Centre.

Racial Diversity

The Racial Diversity Grant was funds received from Vineyard UK&I to support leading the racial diversity network across the UK & Ireland.

Hope Projects

The Hope Projects Fund is to support the various projects carried out by Hope in the local community.

Charity number 1173765

21

Hope Vineyard Church Oxford

Year ended 31 August 2025

Annual report and financial statements

11. Analysis of charity funds (continued from previous page)

Other

Other restricted donations represents small one-off gifts for specific events/causes.

Unrestricted funds
General funds
Designated funds
Giving fund
Designated grants
Designated funds
Unrestricted funds
Restricted funds
New Things fund
Small Steps
Racial Diversity
Giving Day 2024
Hope Projects
Other
Restricted funds
Total funds		 Balance
Income
Expenditure
Transfers
Balance
brought
for the
in the
between
carried
forward
year
year
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2024
31 Aug 2024
(restated)
(restated)
(restated)
(restated)
(restated)
£
£
£
£
£
41,403
47,259
(40,200)
(10,425)
38,037
15,615
-
(5,342)
10,397
20,670
13,116
-
(12,622)
-
494
28,731
-
(17,964)
10,397
21,164
70,134
47,259
(58,164)
(28)
59,201
3,663
50
-
-
3,713
4,312
13,741
(18,075)
22
-
-
3,644
(2,098)
-
1,546
-
2,874
(1,920)
(954)
-
-
-
-
960
960
172
-
-
-
172
8,147
20,309
(22,093)
28
6,391
78,281
67,568
(80,257)
-
65,592

Giving Day 2024

Giving Day Fund is for funds given towards Hope Projects, mission in Oxford and two projects in south East Asia.

Charity number 1173765

22

Hope Vineyard Church Oxford Annual report and financial statements

Year ended 31 August 2025

12. Analysis of net assets

Current assets
Current liabilities
Current assets
Current liabilities		 Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2025
31 Aug 2025
31 Aug 2025
£
£
£
86,724
8,548
95,272
(4,708)
-
(4,708)
82,016
8,548
90,564
Unrestricted
Restricted
Total
funds
funds
funds
Year ended
Year ended
Year ended
31 Aug 2024
31 Aug 2024
31 Aug 2024
(restated)
(restated)
(restated)
£
£
£
63,471
6,391
69,862
(4,270)
-
(4,270)
59,201
6,391
65,592

13. Trustee remuneration

During 2024/25, Joshua Kay served as a Senior Pastor and was paid £9,400 (2023: £8,578) for serving in that capacity, not for serving as a trustee. His spouse Katie Kay, who is not a trustee, also served as a Senior Pastor and was paid £6,200 (2024: £6,445). Joshua and Katie also had travel costs reimbursed in the prior year for a trip to Israel & Palestine totalling £3,913. All these payments are permitted by the charity’s governing document.

14. Related party transactions

There were no related party transactions in the current period (2024: Nil).

Charity number 1173765

23