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2022-03-31-accounts

Charity number: 1187148

Dover Vineyard Church

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 March 2022

Dover Vineyard Church Contents Page For the year ended 31 March 2022

Report of the Trustees 1 to 2
Independent Examiner's Report to the Trustees 3
Statement of Financial Activities 4
Statement of Financial Position 5
Notes to the Financial Statements 6 to 11
Detailed Statement of Financial Activities 12

Dover Vineyard Church Report of the Trustees

For the year ended 31 March 2022

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2022. 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

Dover Vineyard Church is an evangelical church based in the port town of Dover. We are committed to bringing life to the town. Our vision is to see everything thrive and to be represented by a community of people that knows how loved and precious each one of them are. We are committed to the alleviation of poverty, especially that which affects children, and helping people to become all they were created to be.

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

Volunteers

The Church is grateful to all individuals and organizations who have contributed to the overall income and success of projects undertaken.

ACHIEVEMENTS AND PERFORMANCE

Significant activities

FINANCIAL REVIEW

Significant events

The Church has has incoming resources amounting to £18,822 and achieved a deficit of £3,272 for the year. This is compared to £20,180 and a surplus of £4,379 in the previous period.

Donations have been the primary source of income for the charity and the aftermath of COVID has had an impact on the Church's performance.

At the reporting date the charity had total funds available of £1,107 (2021: £3,492). Of these, £220 (2021: £2,605) were unrestricted and £887 (2021: £887) were restricted.

Reserves

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds un-necessarily.

Going concern

The accounts are prepared on a going concern basis. The trustees are of the view that the level of reserves will support the charity going forward.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Church is governing by a CIO Foundation model, registered 30 December 2019.

Recruitment and appointment of trustees

The original board of Trustees were selected from our sending Church, Ashford Vineyard Church (charity number 1156319). There are no provisions with the constitution for selection of Trustees other than by existing Trustees.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity

Dover Vineyard Church

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Dover Vineyard Church Report of the Trustees Continued For the year ended 31 March 2022

Charity registration number 1187148 Principal address 51 Priory Hill Dover Kent CT17 0AD

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Dave Brittain Laura Brittain Amy Edwards Paul Bothamley Steven Bradford Josh Brown (Resigned: 10 September 2022) Richard Mark Lloyd Eason (Resigned: 10 September 2022) Independent examiners Swift Accountancy Limited Swift Farm, Sandy Lane Ashford Kent TN26 1JN

Approved by the Board of Trustees and signed on its behalf by

............................................................................. 25 January 2023 Dave Brittain (Director)

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Dover Vineyard Church Independent Examiners Report to the Trustees

For the year ended 31 March 2022

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Adam Clegg FCCA BSc (Hons)

Swift Accountancy Limited Swift Farm, Sandy Lane Ashford Kent TN26 1JN

25 January 2023

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Dover Vineyard Church Statement of Financial Activities

For the year ended 31 March 2022

Notes Unrestricted Restricted 2022 2021
funds funds
£ £ £ £
Income and endowments from:
Charitable activities 2
Church activities 18,822 - 18,822 20,180
Total 18,822 - 18,822 20,180
Expenditure on:
Charitable activities 3/4
Church activities (22,094) - (22,094) (15,801)
Total (22,094) - (22,094) (15,801)
Net income/expenditure (3,272) - (3,272) 4,379
Reconciliation of funds
Total funds brought forward 3,492 887 4,379 -
Total funds carried forward 220 887 1,107 4,379

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Dover Vineyard Church Statement of Financial Position As at 31 March 2022

Notes
Fixed assets
Tangible assets
10
Current assets
11
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
12
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Restricted income funds
13
Unrestricted income funds
13
Total funds
£
2022
549
549
796
1,130
1,926
(1,368)
558
1,107
1,107
887
220
1,107
£
2021
1,269
1,269
851
2,794
3,645
(535)
3,110
4,379
4,379
887
3,492
4,379

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Dave Brittain Trustee 25 January 2023

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Dover Vineyard Church Notes to the Financial Statements

For the year ended 31 March 2022

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 Charities Act 2011.

Dover Vineyard Church 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).

Going concern

The accounts are prepared on a going concern basis. The trustees are of the view that the level of reserves will support the charity going forward.

Statement of cash flows

The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small.

Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the note to the financial statements.

Incoming resources

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Gift Aid receiveable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have been specified otherwise.

Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement 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.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33% Straight line

Debtors

Debtors are measured on initial recognition at settlement amount after any trade discounts or amounts advanced by the charity. Subsequently, they are measured at the cas or other consideration expected to be received.

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Dover Vineyard Church Notes to the Financial Statements Continued

For the year ended 31 March 2022

2. Income from charitable activities

Unrestricted funds
Church activities
Donations and gifts received
Gift aid received
osts of charitable activities by fund type
Unrestricted funds
Church activities
Support costs
osts of charitable activities by activity type
Activities undertaken directly
Church activities
nalysis of support costs
Governance costs
2022
£
14,751
4,071
18,822
18,822
2022
£
21,172
922
22,094
2022
£
22,094
2022
£
922
2021
£
17,975
2,205
20,180
20,180
2021
£
15,251
550
15,801
2021
£
15,801
2021
£
550

3. Costs of charitable activities by fund type

4. Costs of charitable activities by activity type

5. Analysis of support costs

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Dover Vineyard Church Notes to the Financial Statements Continued

For the year ended 31 March 2022

6. Net income/(expenditure) for the year

This is stated after charging/(crediting):

2022 2021
£ £
Depreciation of owned fixed assets 719 890
Accountancy fees 520 475
Trustees' remuneration 12,062 4,521

7. Staff costs and emoluments

Total staff costs for the year ended 31 March 2022 were:

Salaries and wages
Senior Pastors
2022
£
12,062
12,062
2022
2
2
2021
£
4,521
4,521
2021
2
2

8. Trustee remuneration and related party transactions

Two Trustees received gross remuneration totalling £12,062 (2021: £4,521) for their roles as Senior Pastors. These payments are permitted under the CIO constitution and not connected to their position as Trustees.

9. Comparative for the Statement of Financial Activities

Unrestricted Restricted 2021
funds funds
£ £ £
Income and endowments from:
Charitable activities 19,103 1,077 20,180
Total 19,103 1,077 20,180
Expenditure on:
Charitable activities (15,611) (190) (15,801)
Total (15,611) (190) (15,801)
Net income 3,492 887 4,379
Total funds carried forward 3,492 887 4,379

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Dover Vineyard Church Notes to the Financial Statements Continued

For the year ended 31 March 2022

10. Tangible fixed assets

Cost or valuation
At 01 April 2021
At 31 March 2022
Depreciation
At 01 April 2021
Charge for year
At 31 March 2022
Net book values
At 31 March 2022
At 31 March 2021
Computer
Equipment
£
2,159
2,159
890
720
1,610
549
1,269

11. Debtors

Debtors
Amounts due within one year:
Trade debtors
Prepayments and accrued income
Other debtors
Creditors: amounts falling due within one year
Other creditors
Accruals and deferred income
2022
£
-
374
422
796
2022
£
848
520
1,368
2021
£
235
238
378
851
2021
£
60
475
535

12. Creditors: amounts falling due within one year

13. Movement in funds

Unrestricted Funds

General
General
Balance at
01/04/2021
£
3,492
3,492
Incoming
resources
£
18,822
18,822
Outgoing
resources
£
(22,094)
(22,094)
Balance at
31/03/2022
£
220
220

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Dover Vineyard Church Notes to the Financial Statements Continued For the year ended 31 March 2022

Unrestricted Funds - Previous year

Unrestricted Funds - Previous year
Balance at Incoming Outgoing Balance at
30/12/2019 resources resources 31/03/2021
£ £ £ £
General
General - 19,103 (15,611) 3,492
- 19,103 (15,611) 3,492

Purpose of unrestricted Funds

General

The general fund is for church activities.

Restricted Funds

Balance at Incoming Outgoing Balance at
01/04/2021 resources resources 31/03/2022
£ £ £ £
Stranded Lorries 887 - - 887
887 - - 887
Restricted Funds - Previous year
Balance at Incoming Outgoing Balance at
30/12/2019 resources resources 31/03/2021
£ £ £ £
Stranded Lorries - 1,077 (190) 887
- 1,077 (190) 887

Purpose of restricted funds

Stranded Lorries

To offer support to those affected by ongoing issues at the Port of Dover.

With the consent of donors the fund was closed in December 2022 and the remaining balance transferred to unrestricted funds.

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Dover Vineyard Church Notes to the Financial Statements Continued For the year ended 31 March 2022

14. Analysis of net assets between funds

Unrestricted funds
General
General
Restricted funds
Stranded Lorries
Previous year
Unrestricted funds
General
General
Restricted funds
Stranded Lorries
Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
549
(329)
220
-
887
887
549
558
1,107
Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
1,269
2,223
3,492
-
887
887
1,269
3,110
4,379

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Dover Vineyard Church Detailed Statement of Financial Activities For the year ended 31 March 2022

2022 2021
£ £
INCOME AND ENDOWMENT
Charitable activities
Donations and gifts received 14,751 17,975
Gift aid received 4,071 2,205
18,822 20,180
Total incoming resources 18,822 20,180
EXPENDITURE
Charitable activities
Trustee - wages & salaries (12,062) (4,521)
Depreciation - owned assets (719) (890)
Advertising - (250)
Catering and hospitality (1,852) (2,021)
Donations and gifts (1,451) (2,818)
CPD and training (305) (1,348)
Subscriptions (610) (438)
Sundry expenses (646) (87)
Insurance (157) (13)
Equipment and repairs (379) (661)
Travel and expenses (1,892) (129)
Post and stationery (166) (477)
IT computer and website - (1,474)
Resources (469) (124)
Telephone and internet (176) -
Room and rent hire (288) -
(21,172) (15,251)
SUPPORT COSTS
Governance costs
Accountancy fees (520) (475)
Finance support (402) (75)
(922) (550)
Total resources expended (22,094) (15,801)
Net Expenditure (3,272) 4,379

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This page does not form part of the statutory financial statements