Registered Charity Number : 1181050
THE VINE CHURCH LONDON a Charitable Incorporated Organisation
TRUSTEES’ REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR END 31 March 2024
THE VINE CHURCH LONDON Stratton Green Baptist Church Swindon Road Stratton St. Margaret Swindon london@vinechurch.co.uk
THE VINE CHURCH LONDON
CONTENTS
FOR THE YEAR ENDED 31 March 2024
TRUSTEES' REPORT ................................................................................................................................................. 3 INDEPENDENT EXAMINER'S REPORT .................................................................................................................. 4 STATEMENT OF FINANCIAL ACTIVITIES ............................................................................................................ 5 BALANCE SHEET ...................................................................................................................................................... 6 NOTES TO THE FINANCIAL STATEMENTS .......................................................................................................... 7
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THE VINE CHURCH LONDON
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 March 2024
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 2024. 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:
Stratton Green Baptist Church Swindon Road Stratton St. Margaret Swindon SN3 4PT
Trustees
The trustees and officers serving during the year and since the year end were as follows:
- Reinaldo de Goes
- Weberson Alexandre Miranda
- Matheus Alarcom Thome
Independent examiners SJPR Accountants Ltd 225 Capham Road London SW9 9BE
Approved by the Board of Trustees:
Reinaldo de Goes
............................................................................. Reinaldo de Goes
Weberson Miranda ............................................................................. Weberson Miranda
Matheus Alarcom Thome
.............................................................................
Matheus Thome
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THE VINE CHURCH LONDON
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 March 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024.
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
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 4. 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
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THE VINE CHURCH LONDON
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 March 2024
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Total Expenditure on: Raising funds 4 Charitable activities 5 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ Total Funds 2024 £ Total Funds 2023 £ 69,356.52 69,356.52 65,119.85 - - 4,228.32 |
|---|---|
| 69,356.52 69,356.52 69,348.17 |
|
| 24,531.40 24,531.40 65,767.60 44,324.14 44,324.14 6,802.54 |
|
| 68,855.53 68,855.53 72,570.13 |
|
| 500.99 500.99 (3,221.96) |
|
| 500.99 500.99 (3,221.96) (2,935.64) (2,935.64) 286.32 |
|
| (2,434.65) (2,434.65) (2,935.64) |
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THE VINE CHURCH LONDON
BALANCE SHEET
FOR THE YEAR ENDED 31 March 2024
| Recommended categories by activity Notes Current assets Cash at bank and in hand 7 Total current assets Creditors: amounts falling due within one year 8 Net current assets/(liabilities) Total assets less current liabilities Provisions for liabilities Total net assets or liabilities Funds of the Charity Unrestricted funds 9 Restricted income funds 9 Endowment funds 9 Total funds |
Unrestricted funds £ Total Funds 2024 £ Total Funds 2023 £ 844.50 844.50 30.04 844.50 844.50 30.04 311.15 311.15 (2.32) 533.35 533.35 32.36 |
|---|---|
| 533.35 533.35 32.36 |
|
| (2,968.00) (2,968.00) (2,968.00) |
|
| 3,501.35 3,501.35 3,000.36 |
|
| (2,434.65) (2,434.65) (2,935.64) - - - - |
|
| (2,434.65) (2,434.65) (2,935.64) |
The financial statements were approved by the Board on 08-Oct-2024 and signed on its behalf by:
Matheus alarcom thome
................................................................
Matheus Alarcom Thome
Trustee
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THE VINE CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
1 Accounting Policies
1.1 Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.2 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared 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)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.3 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2 Income from Donations and Legacies
| Analysis Donation and gifts Gift Aid |
Unrestricted funds Total funds 2024 Total funds 2023 £ £ £ 59,527.12 59,527.12 46,057.80 9,829.40 9,829.40 19,062.05 |
|---|---|
| 69,356.52 69,356.52 65,119.85 |
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THE VINE CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
3 Income from Charitable Activities
| Total funds | 2024 | Total funds | 2023 | |
|---|---|---|---|---|
| Analysis | ||||
| £ | £ | |||
| Sale of service | - | 4,228.32 | ||
| - | 4,228.32 | |||
| penditure on Raising | Funds | |||
| Total funds | 2024 | Total funds | 2023 | |
| Analysis | £ | £ | ||
| Incurred seeking donations |
- | 12,144.78 | ||
| Advertising, | ||||
| marketing, direct mail | 264.00 | 4,053.00 | ||
| and publicity | ||||
| Rent collection, | ||||
| property repairs and | 22,544.00 | 28,240.00 | ||
| maintenance charges | ||||
| Staff costs | - | 17,778.00 | ||
| Support Costs | 1,723.40 | 3,551.82 | ||
| 24,531.40 | 65,767.60 |
4 Expenditure on Raising Funds
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THE VINE CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
5 Expenditure on Charitable Activities
| Analysis Charity management & administartio Charity running cost Employee costs Donations Printing and stationery Bank charges Legal/professional fees Wages and salaries Conference & event expenses Meals & hospitality Support Costs |
Total funds 2024 Total funds 2023 £ £ 4,906.98 - - 90.00 (161.35) - 1,618.80 1,201.00 4.19 - 0.10 - 23.00 117.00 26,972.26 - 7,652.76 - - 258.72 3,307.40 5,135.82 |
|---|---|
| 44,324.14 6,802.54 |
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THE VINE CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
6 Support Costs
| Analysis Wages and salaries Printing and stationery Motor an travel expenses Telephone, fax and internet Subscriptions Governance Costs Accountants fees |
Total funds 2024 Total funds 2023 £ £ - 2,248.72 - 120.79 2,751.96 2,898.51 - 1,068.13 694.83 767.48 1,584.00 1,584.00 |
|---|---|
| 5,030.79 8,687.63 |
7 Cash at bank and in hand
| sh at bank and in hand | sh at bank and in hand | ||
|---|---|---|---|
| Total funds 2024 | Total funds | 2023 | |
| £ | £ | ||
| Natwest current account | 844.50 | 30.04 | |
| 844.50 | 30.04 | ||
| editors: Amounts falling due within one year | |||
| Total funds 2024 | Total funds | 2023 | |
| £ | £ | ||
| Taxation and social security | 311.15 | (2.32) | |
| 311.15 | (2.32) |
8 Creditors: Amounts falling due within one year
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THE VINE CHURCH LONDON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
9 Charity funds
9.1 Details of material funds held and movements during the CURRENT reporting period
| Fund | Fund | |||||
|---|---|---|---|---|---|---|
| Fund names | balances brought |
Income | Expenditure | Transfers | Gains and losses |
balances carried |
| forward | forward | |||||
| £ | £ | £ | £ | £ | £ | |
| Unrestricted funds | ||||||
| (2,935.64) | 69,356.52 | (68,855.53) | - | - | (2,434.65) | |
| Total | (2,935.64) | 69,356.52 | (68,855.53) | - | - | (2,434.65) |
| tails of material funds held and | movements | during the PREVIOUS reporting period | ||||
| Fund | Fund | |||||
| Fund names | balances brought |
Income | Expenditure | Transfers | Gains and losses |
balances carried |
| forward | forward | |||||
| £ | £ | £ | £ | £ | £ | |
| Unrestricted funds | ||||||
| 286.32 | 69,348.17 | (72,570.13) | - | - | (2,935.64) | |
| Total | 286.32 | 69,348.17 | (72,570.13) | - | - | (2,935.64) |
9.2 Details of material funds held and movements during the PREVIOUS reporting period
9.3 Transfers between funds This Year
Amount £ Amount £
| Between unrestricted and restricted funds | - |
|---|---|
| Between endowment and restricted funds | - |
| Between endowment and unrestricted funds | - |
Last Year
| ear | Amount £ |
|---|---|
| Between unrestricted and restricted funds | - |
| Between endowment and restricted funds | - |
| Between endowment and unrestricted funds | - |
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Matheus Alarcom Thome (Dec 20, 2024 16:10 GMT)
Signature:
Email: matheusalarcom@gmail.com
Signature:
Reinaldo de Goes (Jan 2, 2025 13:08 GMT)
Email: pr.reinaldogoes@hotmail.com
Signature:
Weberson Alexandre Miranda (Dec 20, 2024 13:09 GMT)
Email: etinho2003@yahoo.com