Charity number: 1181050
(England and Wales)
THE VINE CHURCH LONDON
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2021
THE VINE CHURCH LONDON Contents Page For the year ended 31 March 2021
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 7 |
| Detailed Statement of Financial Activities | 8 |
THE VINE CHURCH LONDON Report of the Trustees
For the year ended 31 March 2021
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity THE VINE CHURCH LONDON Charity registration number 1181050 Principal address 20 HARLEQUIN CLOSE ISLEWORTH TW7 7LA
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Antonio Alberto Afiune Fernandes Rishab Reitz Independent examiners SJPR Accountants Ltd 225 Capham Road London SW9 9BE
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Antonio Fernandes Antonio Alberto Afiune Fernandes
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THE VINE CHURCH LONDON Independent Examiners Report to the Trustees
For the year ended 31 March 2021
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
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 Company as required by section 386 of the 2006 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 requirements of section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Sansao Rodrigues
SJPR Accountants Ltd 225 Capham Road London SW9 9BE
28 February 2022
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THE VINE CHURCH LONDON
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2021
| Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Raising funds 3 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 79,878 79,878 (79,836) (79,836) 42 6,566 6,608 |
2020 £ 107,252 |
|---|---|---|
| 107,252 | ||
| (100,686) | ||
| (100,686) | ||
| 6,566 - |
||
| 6,566 |
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THE VINE CHURCH LONDON Statement of Financial Position
As at 31 March 2021
| Notes | 2021 | 2020 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 6,777 | 8,612 | |
| 6,777 | 8,612 | ||
| Creditors: amounts falling due within one year | 9 | 138 | (2,046) |
| Net current assets | 6,915 | 6,566 | |
| Total assets less current liabilities | 6,915 | 6,566 | |
| Provisions for liabilities | 10 | (307) | - |
| Net assets | 6,608 | 6,566 | |
| The funds of the charity | |||
| Unrestricted income funds | 11 | 6,608 | 6,566 |
| Total funds | 6,608 | 6,566 |
For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
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with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
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records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Antonio Alberto Afiune Fernandes Trustee
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THE VINE CHURCH LONDON Notes to the Financial Statements
For the year ended 31 March 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with 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) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
THE VINE CHURCH LONDON meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received |
2020 2021 £ £ 107,252 64,360 - 15,518 107,252 79,878 |
|---|---|
3. Expenditure on generating donations and legacies
| Unrestricted funds Donations Subscriptions Sponsorships Support costs |
2021 £ 45,248 818 - 33,770 79,836 |
2020 £ 48,861 - 1,317 50,508 |
|---|---|---|
| 100,686 |
4. Analysis of support costs
| nalysis of support costs | ||
|---|---|---|
| IT Governance costs |
2021 £ 2,897 30,873 33,770 |
2020 £ 641 49,867 |
| 50,508 |
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THE VINE CHURCH LONDON Notes to the Financial Statements Continued
For the year ended 31 March 2021
5. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Accountancy fees | 1,584 | 1,716 |
| Staff pension contributions | 115 | - |
6. Staff costs and emoluments
Total staff costs for the year ended 31 March 2021 were:
| Salaries and wages Pension costs Current staff |
2021 £ 24,000 115 24,115 2021 2 2 |
2020 £ 36,710 - |
|---|---|---|
| 36,710 | ||
| 2020 2 |
||
| 2 |
7. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
9. Creditors: amounts falling due within one year
| reditors: amounts falling due within one year | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Trade creditors | - | 96 |
| Other creditors | (138) | 1,950 |
| (138) | 2,046 |
10. Provisions for liabilities and charges
| Provision at 01 April 2020 Provision at 31 March 2021 |
Pension provision £ 307 |
|---|---|
| 307 |
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THE VINE CHURCH LONDON Notes to the Financial Statements Continued
For the year ended 31 March 2021
11. Movement in funds
Unrestricted Funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |
| 01/04/2020 | resources | resources | 31/03/2021 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 6,566 | 79,878 | (79,836) | 6,608 |
| 6,566 | 79,878 | (79,836) | 6,608 | |
| Unrestricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 07/12/2018 | resources | resources | 31/03/2020 | |
| £ | £ | £ | £ | |
| General | ||||
| General | - | 107,252 | (100,686) | 6,566 |
| - | 107,252 | (100,686) | 6,566 | |
| Analysis of net assets between funds | ||||
| Net current | Provisions |
Net Assets | ||
| assets / | ||||
| (liabilities) | ||||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General | ||||
| General | 6,915 | (307) | 6,608 | |
| 6,915 | (307) | 6,608 | ||
| Previous year | ||||
| Net current | Provisions |
Net Assets | ||
| assets / | ||||
| (liabilities) | ||||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General | ||||
| General | 6,566 | - | 6,566 | |
| 6,566 | - | 6,566 |
12. Analysis of net assets between funds
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THE VINE CHURCH LONDON Detailed Statement of Financial Activities
For the year ended 31 March 2021
| INCOME AND ENDOWMENT Donations and legacies Donations Grants receivable Total incoming resources EXPENDITURE Raising donations and legacies Donations Subscriptions Sponsorships SUPPORT COSTS IT IT Governance costs Governance costs Total resources expended Net Income |
£ 2021 64,360 15,518 79,878 79,878 (45,248) (818) - (46,066) (2,897) (2,897) (30,873) (30,873) (79,836) 42 |
£ 2020 107,252 - |
|---|---|---|
| 107,252 | ||
| 107,252 (48,861) - (1,317) |
||
| (50,178) (641) |
||
| (641) (49,867) |
||
| (49,867) | ||
| (100,686) | ||
| 6,566 |
8 of 8 This page does not form part of the statutory financial statements