## Enfield Vineyard Report and Accounts Year ended 31 March 2023 1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk ENFIELD VINEYARD LEGAL AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2023 ADDRESS FOR CORRESPONDENCE 32 Brigadier Hill Enfield EN2 ONQ GOVERNING DOCUMENT CIO constitution dated 16 September 2020 CHARITY REGISTRATION NUMBER 1191391 TRUSTEES RESPONSIBLE FOR MANAGING THE CHARITY David Cross Chandru Dissanayeke Jeremy Lindley Iresigned March 20231 Wai-Ling Penn Robert Mammen (appointed March 20231 Mark Sharman (resigned March 20231 Clare Theodoreson (appointed March 20231 Kate Turnpenny Jamie Parnell lappoinled November 20221 BANKERS Lloyds Bank plc Kingdom Bank Limited INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB INDEX Page 1 Pages 2-4 Page 5 Page 6 Page 7 Pages 8-9 Legal and Adminislralive Details Trustees, Report Independent Examinerfs Report Receipts and Payments Account Statement of Assets & Liabilities Notes lo the Accounts Page 1 ENFIELD VINEYARD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The Trustees have pleasure in submilling the Report and Awounls lor the year ended 31 March 2023. Objects of the charity The charity is a charitable incorporated organisalion and is governed by its Constitution. The obj￿IS of the charity, as set out in the governing document are.. 11 For purposes ol Christian worship, lo advance the Christian lailh including missionary artivities in the United Kingdom and overseas and provide relief lo the poor, sick and needy- 21 To advance in life and help young people through lal the provision ol recreational and leisure time activities with a Christian emphasis, including provision of a youth ¢enlre, provided in the interest of social welfare, designed lo improve their conditions in life., and Ibl providing support and activities which develop their skills, capacities and capabilities lo enable them lo participate in society as mature and responsible individuals. The trustees note that the Church is not a building, but a gathering of people whose lives have been hanged by Jesus Christ, the Son ol God. Enfield Vineyard., ils trustees, pastors and members are ommitted lo loving and serving Jesus Christ by caring for each other and being a blessing lo the area in which they live. Revlew of the ¢harlty'$ maln a¢tlvltle$ and a¢hlevement$ To further the above Obj￿1$ and vision, the charitls main activities and achievements were as follows.. uilding$ On 4 June 2022, a blocked sewage pipe in the street backed up into our building, flooding our entire ground floor,. including the gym, lower hall and Growbaby facilities. This resulted in a 7 month closure of these spaces while the repair work was Carried out. All damage and repairs were covered by our insurance, and work was completed on 21 December 2022. Chur¢h Congregatlon Our Sunday services ¢onlinLJed as usual, with gatherings taking place on the first floor ol our building. Our congregation has grown to around 90 regular adults, with an average weekly attendance of approximately 70 adults and 20 children. Our midweek Life Groups have continued to expand, with 2 new groups and 80 /0 of the congregation in attendance. The Gym reopened on 9 January 2023, where we welcomed back 128 users156 monthly members and 65 pay as you go users.) Since then we have grown lo 64 members, with 90°/0 ol users coming from the local community i.e. non-church. Growbaby reopened in January 2023, although the team continued with emergency appointments during the closure. Growbaby continues lo provided good quality new and second-hand baby clothes and equipment Ifor children aged 0-5 yearsl, Completely free ol charge lo anyone who needs it. Growbaby runs during term limes, with the team seeing up lo 15 clients per week. Page 2 Little Treasures is our baby and toddler group for under 5's and runs weekly during term limes. The heart behind the group is lo create a space where parentslcarers and their children would feel valued, build friendships and have lun plawng together. Our sessions are free in an attempt to make them awessible to everyone in our community. We continue to see over 70 families on a regular basis, including families from Growbaby and CAP. Chrl$tlans Agalnst Poverty {CAP} The Debt Centre has seen 34 clients since opening in June 2021. This year we have seen 2 clients become debt free., with one client attending Tastebuds la course exploring the Christian Faithl and attending Sunday services. Job Club look place in August 2022, with 10 clients in attendance. The team is led by our CAP worker with the assistance of 2 trained Job Coaches and 4 volunteers. We have regular hall hires who make use of our facilities throughout the week. During the closure, hirers were relocated lo the Upper Hall where possible. Most ol the charills activities are undertaken by volunteers and the charity could not operate effectively wilhoul their ellorts. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission. Flnaneial review During the year income decreased by £80,500, 10 £187,300, and expenditure decreased by £9,800, 10 £169,500. As a result the cash held by the charity increased by £17,800, to £158,300, 01 which £156,700 is unrestricted and can be used for any charitable purpose. Reserve$ poll¢y The trustees have determined that the charity should aim to hold the equivalent of 3 months, unrestricted expenditure lapprox. £45,000) in reserves, so that the charity could continue to operate should income and l or expenditure vary adversely. Al the year end, the charity held unreslricled cash of £156,700 and the Charity is complying with ils reserves policy. Governance Responsibility lor setting policy and for determining the parameters within which the charity should operate rests with the trustees who meet regularly to monitor the activities of the charity. Responsibility lor operational decisions and day to day management of the Charity has been delegated to a senior management team led by the Senior Pastor, Jamie Parnell. New trustees are recruited and appointed by the existing trustees, through a majority vole. Key risks and uncertainties The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they lake appropriate measures to miligale those risks. Page 3 Responsibilities of tru$tee$ Charity law requires us as Trustees to prepare financial statements lor each accounting year which record the receipts and payments ol the Charity for the year. We are responsible for keeping proper a￿ounting records which disclose with reasonable accuracy at any time the financial position ol the charity and enable us to ensure that the financial statements omply with the Charities Act 2011. We also have a responsibility lo safeguard the assets ol the charity and to take reasonable steps lo prevent fraud or any other irregularities. Approval This report was approved by the trustees and signed on their behalf by.. Chandru Dissanayeke Dale.. 02 October 2023 Page 4 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENFIELD VINEYARD I report lo the Iruslees on my examination of the accounts ol Enlield Vineyard I'lhe charily'l for the year ended 31 March 2023 on pages 6 to 9 following. Re$pon$ibilitie$ and basi$ of report As the trustees ol the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe 2011 Act'}. I report in respect ol my examination of the charity s accounts Carried out under section 145 01 the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination giving me cause lo believe that in any material respect= accounting records were not kept in accordance with section 130 01 the 2011 Act,. or 2. the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order lo enable a proper understanding of the awounls lo be reached. Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB Dale.. 06 October 2023 Page 5 ENFIELD VINEYARD RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 nresirieted Fund General Designated Funds Funds Restricted Funds To 2023 Total 2022 Notes Inconje rece*ts Donations Gitt aid receipts (Aher granis Income from eharitsble athivilies 63.604 14.824 30.000 7.375 28.751 297 63,604 14,824 30,800 8,996 28,751 297 800 130,000 7,910 44,282 362 Income from letbng ol laciliiies Investment Income Insurance claim 58.918 183.770 38,918 186,190 2,421 267,019 CBpHBl8ndslmll8rrecelpts Loan repayments 800 800 rolBlrecelpts 187290 267819 Paymenls Payments lo charitable aetivilies undertaken directly 15S,633 9,360 163,993 174,917 aetivilies undertaken by Oihers 5,487 5,487 rolBIpayn￿nts 169481 179328 Nel of receipts I Ipaymentsl before Iranslers 24,749 16,9401 17,810 88,492 Transfers belween funds 102 Net movement in funds 24.647 16,838 17,810 88,492 Cash funds as al last year end 132.034 8,473 140,507 52,016 eash funds at thls yearend 158317 140507 The notes on pages 8- 9 form part of these accounts. Page 6 ENHELD VINEYARD STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Funds General Desiqnated funds funds Restricted funds Total 2023 Total 2022 A Cash lunds Cash at bank with immediate access Noti￿ dewsits 56.367 100.314 156,6W2 58,003 100.314 158,317 115.49) 25.018 140,507 B Other monetary assets Gift aid due lo charity Olherdeblors .419 1.152 1.1Th) 2,252 1,419 1,419 C Liabilities FBlling due within oneyear.. Pen￿on due Feetor Independent Examinatio 551 554 953 1.59) 1.590 2.7f D Assets retained for charity's own use Value 2023 Church buildings Contents and equiwenl 3.033.720 224.801 3,258,521 The trustees have used insurance values as the trustees are unatAe to rdiaNy estimate current Values.. insurance values may diller maleriallylrom current values. E GuBrantees and secured debts The charity has not given any guarantees and has not provided its assets as securilyfor any liabilthes. The accounts were approved by the Iruslees and signed on their beh￿1 dale Chandru Dissanayeke 02 October 2023 The notes on pages 8- 9 lomi part ol these accounts. Page 7 ENFIELD VINEYARD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH %523 1 Accounling polld85 Th& accounls havg bggn ptgpargd on a rgcgpts ar￿ patrThgnts basis ard comprisg a slaToThgnt Ihal shows thg charivs rgcèipts paymgnts. a slatgmgnt T￿1 s￿MarIS￿S charity's assgts and 113bilitigs and rglalgd notgs accounlancy profgssion havg d&te￿ingd that only accounts prwarod In accordancg with aPpI￿a￿ accouThtiry sTa￿a[dS prosgnt a Iru& and fail, vigw a￿. as Ihgsg rocgipts ar￿ paym&Thts accounts mt la￿ canmtl b& ptgpargd In accordar wrth accountlll9 star￿ardS. th8s8 accounls do pres￿1 lar￿ ar8 ￿t Int￿r￿￿d to pr8s8ntl a'tru8 ar￿ fair, vi&w of th& charty's fina￿la1 activrtiés ar￿ slate of aflairs. In th8 prwious th&c￿tity'S Ir￿0￿8 £250.000 ard lh8 charrtywds th198d to pr8par8 its accouThts OTh an acciuals basis usin9 th& Chariliés SORF As th8 charitys Is l&ss Ihan ￿.￿, It has tak8Th advaThtag8 ol OPlioThtO Pl8par8 its accounts on a 18C8IPls paym￿lS basis th8 18sutts rwrtéd preV￿￿lY hav8 18Stat8d.. fullh8r Inlormthn Is9lV8n In rHX8 6 b Go￿al I￿r￿S ai8 ￿￿[￿str￿￿d f￿dS which ar8 availab￿ fot at d￿cr￿tion of IruS1￿ In fUrth￿ar￿ of lh8 98n8ral ￿1￿clIV8S of lh8 charity D8Sl9nat8d furds compris8 ￿￿[￿str￿￿d funds that hav8 b88n sét asid8 by lh8 trus1￿ for partIC￿ar purpos8s ￿eS1r1ct￿d furds at8 donations are to b uséd In XC0rda￿WtihspeC11￿ 18Str￿l￿nS impo88d bydonot8.'th8Yi￿IUd￿ dOnal￿Tr￿ r8c8w￿fr0￿ appé& forsp8crfic activili&s 01 proi8cls. Unr8slrict8d Fu￿S Ggrvaral Desig￿tsd funds R￿St￿ted FUr￿S Total 2022 2023 2 PayThnlsln r8L4tlan tOchartt•￿0•rtlvltl￿5 unthrtak8ndlr8ctty Employm8Thtcosts F￿niShIngS & bu1￿1￿9 iThprOv￿￿@Trts Chuich actMtI8s CAP pw8Ct R8pairs. ma1th￿c￿ ar￿ 8quipTh8nt Not&4 107.188 6.268 14.867 4.708 4.708 8,542 7.836 7.499 7.499 6.967 Insular￿￿& M￿￿te￿a￿a contracls Subsciiptions and b3nk chgr98s Cat8riry Childi8n ar￿ yothh GoV￿rna￿a AdmInistrat￿n. ON￿8 and supportcosls Prof8SS￿￿al ar￿ ltyal 188S costs 4.734 4.734 5.039 674 2.760 2.760 640 640 90 154.633 3 Grnits and 91tts Pa￿ to others plus 571 5.487 5.487 Transl￿an5 wlth ￿l¥tOd partl85 Jami& Parrvall. a Irusté8. s@￿￿d as acthrch18ad81 and Wds £34.533 for se￿1￿9 In Ihal capacity, nol for s￿￿1￿9 as a tw8t88.' th8s& payménls ar& p8rmiltéd tyth&charrtls 9OV8rThiw docum8nt. No w8r8 mad&to any o1h8rtrusl￿ or pars0￿ r8laléd toth8m. &xwtfor reimburs￿￿￿nt0f 8XP8nS8s paid 0￿0￿b8￿ ol th8 charrty. In addition th&charily IrL￿r8d &xp8rdilur8 lolallin9 £XX12018. £XXI In I￿sp￿￿ of provis￿￿ ol accommithtion (which Is customaryfor mirristst81 to Inam8 r trusté&1 W mana9￿￿@￿tI. Is a Itrusté&l m8mb8rof W mana9￿￿&￿tI sothatth8y b8ltst p￿0[￿ I￿rd￿l￿s Pa988 ENFIELD VINEYARD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH %523 5 Adlng th& y8ar. th8 charity actéd as a9￿￿ for a I99￿1￿￿d chgtity wthich organiséd w8nts h8ld at lh8 Cth[c￿ Th8 Ir￿0￿8 was r8C8IV8d as ag&rt., th& r￿Pt& tolalliw 1.827, ar￿th8 sths8qU8nl paym8nts. ar88xclth8d Irom Réc8ipts and Payménls account. MowThnt offunds Closing bala bala￿8 Paym8nl8 Transf8rs G8￿8r￿f￿rrfl￿ 184,870 184,870 156.682 156.682 RaStrthdfu￿ GrowBaty CAP lur 353 800 13201 18,2221 19,3601 Fund 8.473 1.635 187 290 169481 GrowEab¥ Is a proi8cI Ihal swwrts fami118s acioss by pro￿1￿ 9rth q￿rtY s8cor￿.ha￿d cbth8s aqupm8￿ lor chI￿r￿n ages O- 5 Th8 CAP Fur￿ r8pr&S￿1S swrttowatdsth8 Chrisliarts Aoainst Pov8rty proi8cL Th8 £800 granl ttr￿ArChb￿hop'S COU￿11 Isto b8 us8d lor youlh 8vaw81￿rn Th8 Gym Fur￿ wr￿￿￿ts 9r￿￿tfU￿1￿ lowards capital wnniw costs forth@cr8atlr￿ rrfacrAnmunitygym atth8church ￿1￿1￿. 7 R￿ondI1•￿an wlth prnv14Juslyr•port8d funds As 8xplain8d In not8 1 'Acco￿li￿ Pol￿&￿,. In th8 pr8vKbus yéat th& charty pt8par8d Ils accO￿lS usiw th8 xcruals basis.. In Ih8 C￿r￿￿t yéat lh8 charity has tak8n athanlag8 of wion lo pr8par8 Ils xcounts OTh a ￿81p1S and paym8nts bas￿ Th8 COmpa￿￿18S pr8s&thd In th8s@ accounts hav8 b88n r8.slatéd siwth8 r8cWs paym￿lS basis a￿￿ r8concili?tion wilh lh8 r8S8Dl8sard r8sulls r8POrt8d pr8wouslyfolkn.- R8cOnuhabDnofres8r￿S 2022 Fr8viOu8￿r￿pOrt8d r￿se￿8s. at Sl Maich Adjustmgnts arisiw from usg of rgcgipts ard paym&rts basi8-. Exclusion of pigviousty InCI￿Od asséts Exclusion of pigviousty InCI￿￿d d8btots and sthk 2,940.483 2.911.683 12.849.759 11S.769 3.693 R8.slatsd r@s￿¥￿s. at 31 klarch R8conuhatrDnofr&sulfrs 2022 28.800 Adjustm8nts arisiw from us8 of r&￿IptS ard paym&Ns basis-. Prwiouslycapitalisgd 1g&s doprocla￿Th. r￿l&￿p￿nsQd EXCI￿￿d movgmgThts iThdBbtors and stoth lgsutting Int￿ r￿0g￿lOn ol Thor&l118ssI Incom8 EXCI￿￿d movgmoThts iThcr9ditois rosultiw In lh8 l8cogni1￿Tr0fIgsS I lThor81 @xP8r￿lIur8 R8.Stat8d results 52.479 Pa989