2023-03-31-accounts - Thetford Vineyard Church

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Independent Examiner’s Report to the Thetford Vineyard Church (Charity No. 1188794) on the Financial Statements for the Year Ended 31st March 2023

Respective Responsibilites of Trustees & Examiner

The charity's trustees are responsible for the preparation of the accounts. The

charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
to state whether particular matters have come to my attention.

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

In connection with my examination, no matter has come to my attention which would affect the figures below.

which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts, which accord with the accounting records and comply with

the accounting requirements of the Charities Act

have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Kieran Kenny Emerald Accountants Limited Keystone Innovation Centre Croxton Road Thetford Norfolk IP24 1JD 4 December 2023

Thetford Vineyard Church

Annual Report and Statement of Accounts

For the Year Ended 31[st] March 2023

Charity Registration Number:

1188794

Thetford Vineyard Church	Thetford Vineyard Church
Annual Report and	Statement of Accounts
For the Year Ended 31st March 2023
Contents
Page 3	Legal and Administrative Information
Page 4	Trustees’ Report
Page 6	Financial Review
Page 7	Statement of Financial Activities
Page 8	Trial Balance
Page 9	Balance Sheet
Page 10	Notes to the Accounts

Thetford Vineyard Church

Legal and Administrative Information

Charity Registration Number 1188794 Date of Registration 30[th] March 2020 Start of Financial Year 1[st] April 2022 End of Financial Year 31[st] March 2023 Trustees as of 31[st] March 2023 Lorraine Burke Matthew Bush Julie Allsopp

Governing Document Constitution, last amended 30[th] March 2020. Additional Information Thetford Vineyard Church is part of Vineyard Churches UK and Ireland (VCUKI). Charitable Objects To advance the Christian religion for the public benefit

To advance the Christian religion for the public benefit in accordance with the statement of faith found in the governing document in such parts of the United Kingdom and the world through:

The organisation and provision of Christian worship
The provision of such facilities and services as are appropriate for the church, to enable it to fulfil its mission to the members of the church, visitors to the church and the local community and the wider community
The provision of facilities for Christian training and service
The support and provision of Christian evangelism and outreach
The provision of assistance to the wider Christian church in its ministries.

Registered Address

29 Magdalen Street

Thetford

Norfolk IP24 2BP

Primary Bankers

Lloyds Bank 35 King Street Thetford IP24 2AX

Thetford Vineyard Church

Trustees’ Report

Activities and Performance

Prayer - We hold a weekly 30–40-minute prayer meeting called “The Lamp Room’ over zoom in which we pray for the town and listen for prophetic leading.
Growkids Thetford - Since the move to 53 York Way on the Abbey Estate in May 2022, we have seen the impact of Growkids Thetford grow exponentially. We offer a walk-in session every Tuesday and Friday morning; where families can come and browse the free clothes we have to offer, their children can play and we can offer them hot drinks, a chat and often prayer. In August 2022 we held another successful uniform event, where families could come and exclusively browse through our school uniform and take what they need. In September 2022 we ran the 12-week Kintsugi Hope Wellbeing course, that helps participants gain useful tools to use in their everyday life, working on a different emotion each week. February 2023 saw us run Kids Matter, a parenting programme aimed at lowincome parents with children aged 2 – 10 years. The vision of the programme is to see every child raised in a strong family. Based on the positive response and impact of these programmes, we hope to fun further courses such as the Alpha course, allowing participants to explore the Christian faith.
Serve Schools - Through our Serve Schools project, we are building relationships with head teachers and staff from a range of schools. We hope to continue to help renovate spaces in schools and increasingly assist pastoral care - providing help and support for staff.
Coaching – Over the last year, building on the links we have developed with schools in Thetford, we have been able to offer 1:1 coaching sessions for leaders. These sessions are delivered by Julie Allsopp, a Church member and professional coach – with her fees being paid 50/50 by Thetford Vineyard Church and the school. To-date, 6 individual teachers on the Senior Leadership Team of Raleigh Infants and Admirals Academies have completed the 6-month programme with a further 6 teachers currently taking part from Norwich Road Academy. We have received very positive feedback from those involved who report improved work/life balance, greater awareness of their own strengths as leaders, greater understanding of their own roles within the school, and generally improved wellbeing. As a result, schools have requested additional coaching, including team Development workshops and 360-degree leadership assessments, all of which have borne much fruit, in the shape of a changed workplace culture in the school, leaders leading in a much healthier way, with much improved appreciation of each other’s strengths and personalities, leading to better communication and much healthier working relationships.

Mid-week Life Groups and Discipleship Groups – Life groups have continued to be places in which we spend time with each other and with God. We have made plenty of space to explore how we work as individuals so that we can support one another well. We encourage people to build genuine friendships. Once a month we meet in smaller, Discipleship groups where the focus is to build networks of deep, authentic relationship.
Mid-week Community meals – At Thetford Vineyard Church, we believe that gathering around a table is one of the best ways to grow authentic relationship with each other. Once a month we gather across homes in Thetford for a bring-and-share meal. This has proved to be an effective way to welcome friends, family, neighbours and colleagues.
Sunday Gatherings – Thetford Vineyard Church continues to meet in a range of homes and community spaces across Thetford. As of the end of the financial year ending 31[st] March 2023, we meet monthly on Sunday mornings at the Abbey Neighbourhood Centre. This gathering provides the opportunity for those naturally connected to Growkids Thetford, to meet others and participate in the activities of the wider Church.

Financial Review

Total income during the financial year ending 31st March 2023 was £ 40,064.47 (General/Unrestricted £28,652.62 and Growkids/Restricted £11,411.85)
£4,028.90 Gift-Aid was claimed during the reporting period
£500 was awarded by the Norfolk Community Foundation to distribute as part of the Norfolk Household Support Fund
£4500 was awarded by the Norfolk Community Foundation to continue to fund the work of Growkids Thetford
£2000 was awarded by The Cinnamon Network to fund the cost of running the Kids Matter parenting course.
£2000 was awarded by Cynthia Della Hoy’s Croxton Charity towards the work of Growkids Thetford
£300 was awarded by Thetford Town Council towards the work of Growkids Thetford
£300 was gifted by the Thomas Paine Hotel towards the work of Growkids Thetford
Total expenditure during the financial year ending 31st March 2023 was £31,233.96 (General/Unrestricted £ 9,288.37 and Growkids/Restricted £21,945.59)
Thetford Vineyard Church employs three members of staff who together run the Growkids Thetford project. In the reporting period, staff costs were £8,405.71. These costs were met by the Restricted Growkids Fund.
The deficits of £550.78 and £445 in the Restricted Growkids and Hardship funds respectively, are met by the surplus in the General (unrestricted) fund.
Thetford Vineyard Church finished the year ending 31[st] March 2023 with assets of £55,391.18 (£53,264.18 cash)

Statement of Financial Activities

For the Year Ended 31st March 2023

----- Start of picture text -----
Prior
Unrestricted Restricted Year Total
Incoming Resources
22,132.3 26,293.7
Donations & Legacies 24,623.72 1,670.00 0 2
25,935.7 13,770.7
Charitable Activities 4,028.90 9,741.85 1 5
Investments 0 0 0 0
Trading Activities 0 0 0 0
Other 0 0 0 0
48,068.0 40,064.4
Total incoming resources 28,652.62 11,411.85 1 7
Resources Used
14,282.3 31,233.9
Charitable Activities 9,288.37 21,945.59 3 6
Raising Funds 0 0 0 0
Other Activities 0 0 0 0
Support 0 0 0 0
14,282.3 31,233.9
Total resources used 9,288.37 21,945.59 3 6
Net Incoming / Outgoing Resources (before 33,785.6
transfers) 19,364.25 -10,533.74 8 8,830.51
Fund Transfers In 0 0 0 0
Fund Transfers Out 0 0 0 0
Net Incoming / Outgoing Resources (before 33,785.6
gains/losses) 19,364.25 -10,533.74 8 8,830.51
Investment Gains (or Losses) 0 0 0 0
Net Incoming / Outgoing Resources (before Asset 33,785.6
Revaluation) 19,364.25 -10,533.74 8 8,830.51
Asset Revaluation 0 0 0 0
33,785.6
Net Movement of Funds 19,364.25 -10,533.74 8 8,830.51
12,774.9 46,560.6
Total Funds Brought Forward 37,022.71 9,537.96 9 7
46,560.6 55,391.1
Total Funds Carried Forward 56,386.96 -995.78 7 8
Represented By
37,022.7 56,386.9
General (Unrestricted) 56,386.96 0 1 6
Hardship Fund (Restricted) 0 -445 50 -445
Growkids (Restricted) 0 -550.78 9,487.96 -550.78
----- End of picture text -----

Trial Balance

For the Year Ended 31st March 2023

----- Start of picture text -----
Account Debit Credit
Assets
Thetford Vineyard Church 53,264.18
Accounts Receivable 0
Prepayments 0
Fixed Assets 339.43
Liabilities
Accounts Payable -1,787.57
Deferred Income 0
Loans 0
Income
General (Unrestricted): Donations 24,623.72
General (Unrestricted): Gift Aid 4,028.90
General (Unrestricted): Other Income 0
Growkids (Restricted): Donations 1,670.00
Growkids (Restricted): Gift Aid 0
Growkids (Restricted): Other Income 9,241.85
Hardship Fund (Restricted): Dontations 0
Hardship Fund (Restricted): Gift Aid 0
Norfolk Household Support Fund (Restricted): Other
Income 500
Expenditure
General (Unrestricted): Admin 3,859.05
General (Unrestricted): Building 182
General (Unrestricted): Comms 0
General (Unrestricted): Community and Outreach 1,353.12
General (Unrestricted): Compassion 17.5
General (Unrestricted): Staffing 3,876.70
Growkids (Restricted): Compassion 20,950.59
Hardship Fund (Restricted): Compassion 495
Norfolk Household Support Fund (Restricted): Compassion 500
Net Gains (or Losses)
Investments 0
Reserves
Cumulative Total of Reserves up until end of last financial
year 46,560.67
Cumulative Asset Revaluation 0
TOTAL 84,837.57 84,837.57
----- End of picture text -----

Balance Sheet

For the Year Ended 31st March 2023

----- Start of picture text -----
Unrestricte Restricte Prior
d d Total Year
Current Assets
53,264.1 46,221.2
Cash 54,215.96 -951.78 8 4
Accounts Receivable 0 0 0 0
Prepayments 0 0 0 0
Non-Current Assets
Fixed Assets 339.43 0 339.43 339.43
Investments 0 0 0 0
Current Liabilities
Accounts Payable -1,831.57 44 -1,787.57 0
Deferred Income 0 0 0 0
Non-Current Liabilities
Long Term Loan / Mortgage 0 0 0 0
Total Net Assets (Assets Minus 55,391.1 46,560.6
Liabilities) 56,386.96 -995.78 8 7
Represented By
56,386.9 37,022.7
General (Unrestricted) 56,386.96 6 1
Hardship Fund (Restricted) -445 -445 50
Growkids (Restricted) -550.78 -550.78 9,487.96
Norfolk Household Support Fund
(Restricted) 0 0 0
----- End of picture text -----

Notes to the Accounts

GIFT-AID As a registered charity, Thetford Vineyard Church is eligible to claim Gift-Aid. In the financial year ending 31[st] March 2023, £4,028.90 Gift-Aid was claimed from HMRC.

PAYMENTS TO SENIOR PASTORS AND TRUSTEES . As of the end of the financial year ending 31[st] March 2023, Victoria Bush, a senior pastor of Thetford Vineyard Church, is paid as the Coordinator of Growkids Thetford for 8 hours per week at a rate of £11 per hour. Julie Allsopp, a trustee of Thetford Vineyard Church, received a total of £1040 in the financial year ending 31[st] March 2023 for her work as a professional coach with teachers Raleigh Infants and Admirals Academies and Norwich Road Academy. No other payments were made to trustees, or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee, or any person connected with them.

RISK ASSESSMENT The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

RESERVES POLICY 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 unnecessarily.

PUBLIC BENEFIT The charity acknowledges its’ requirement to demonstrate clearly that it must have charitable purposes or 'aims' that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission’s guidance on public benefit before deciding what activities the charity should undertake.

The financial statement5 were approved by the Board of Trustees on were signed on its behalf by: and Lorraine Burke (Chair of Trustees) Matthew Bush (Trustee) Julie Allsopp ITrusteel 12