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 2 **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 3 **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: 1. 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 3. 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 4 **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)**| 5 **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 6 **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| 7 **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** 8 **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| 9 **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** 10 **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|-| 11 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