## Enfield Vinyard Church (1191391)
Report and Accounts Year ended 31 March 2025
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **Enfield Vinyard Church**
## **CHARITY INFORMATION**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **Trustees**
Chandru Dissanayeke Clare Theodoreson Robert Mammen Jamie Parnell Kate Turnpenny David Philip Cross Wai Ling Penn
## **Key Staff**
Jamie & Bethany Parnell - Senior Pastors
## **Governing Document**
CIO constitution dated 16 September 2020
**Charity Registration Number** 1191391 **Principal Address** 32 Brigadier Hill Enfield EN2 0NQ **Registered Office** 32 Brigadier Hill Enfield EN2 0NQ **Independent Examiner** Sarah Crispin (ACA) Stewardship 1 Lamb's Passage London EC1Y 8AB **Bankers** Lloyds Bank plc Kingdom Bank Limited
## **Bankers**
|**Contents**|**Page**|
|---|---|
|Charity Information|1|
|Trustees' Annual Report|2-5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Accounts|9-15|
|Detailed Statement of Financial Activities with Comparatives|16|
1
ENFIELD VINEYARD (1191391)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31[st] MARCH 2025
The trustees have pleasure in submitting the Report and Accounts for the year.
## **Objects of the charity**
The charity is a charitable incorporated organisation and is governed by its constitution. The objects of the charity, as set out in the governing document are:
1. For purposes of Christian worship, to advance the Christian faith including missionary activities in the United Kingdom and overseas and provide relief to the poor, sick and needy;
2. To advance in life and help young people, through
- a) the provision of recreational and leisure time activities with a Christian emphasis, including provision of a youth centre, provided in the interest of social welfare, designed to improve their conditions in life; and
- b) providing support and activities which develop their skills, capacities and capabilities to enable them to 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 changed by Jesus Christ, the Son of God. Enfield Vineyard; its trustees, pastors and members are committed to loving and serving Jesus Christ by caring for each other and being a blessing to the area in which they live.
## **Summary of the charity's main activities and achievements**
To further the above objects and vision, the charity's main activities and achievements were as follows:
2
## **Church Congregation** :
Our congregation continues to grow with approximately 140 regular adults; with an average weekly attendance of approximately 100 adults and 40 children.
Life Groups are our midweek gatherings [made up of 6-10 people] that meet in homes across the local area. 60% of the congregations are currently actively part of a Life Group.
**The Gym** serves approximately 250 people a month; with 150 members and 100+ pay as you go users. Over 95% of our gym are from the local community i.e. nonchurch. It has been the teams joy to build friendships, pray for and share our faith with those who use our serves over the past year.
**Growbaby** continues to provided good quality new and second-hand baby clothes and equipment (for children aged 0-5 years), completely free of charge to anyone who needs it. Growbaby runs during term times, with the team seeing up to 15 clients per week.
**Little Treasures** is our baby and toddler group for under 5’s and runs weekly during term times. The heart behind the group is to create a space where parents/carers and their children would feel valued, build friendships and have fun playing together. Our sessions are free in an attempt to make them accessible to everyone in our community. We continue to see over 70 families on a regular basis, including families from Growbaby and CAP services.
## **Christians Against Poverty (CAP)**
We continue to offer CAP services through our partnership with Enfield Churches Debt Centre (ECDC); including regular Job Clubs, Life Skills and Money Coaching.
## **Hope & Healing**
Hope & Healing was launched to help support people from our local community through professional counselling and therapy. Following an initial assessment, we offer up to six in-person or online sessions with one of our qualified and accredited counsellors.
Most of the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts. In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
3
We have regular hall hires who make use of our facilities throughout the week.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
## **Structure, Governance and Management**
Responsibility for 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 for 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 vote.
## **Financial Review**
Income for 2025 is £265,522, which is a £73,151 increase on prior year. We have seen increases in the number of regular givers, as well as increases in the gym and hall hire income. The expenses are at the same level as last year at £220,772. As a result we have moved from a £28,697 deficit in 2024 to a £44,750 surplus in 2025. Net current assets are £241,554.
## **Reserves Policy**
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £55,000 (which equates to about 3 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £125,295 so the charity is complying with its reserves policy.
## **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 take appropriate measures to mitigate those risks.
## **Responsibilities of trustees under charity law**
4
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
1. select suitable accounting policies and apply them consistently;
2. observe the methods and principles in the Charities SORP;
3. make judgements and estimates that are reasonable and prudent
4. state whether the applicable accounting standards have been followed, subject
to any material departures disclosed and explained in the financial statements; and
5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report was approved by the trustees and signed on their behalf by:
CDissanayeke CDissanayeke (Oct 6, 2025 10:34:16 GMT+1)
Chandru Dissanayeke
Date: Oct 6, 2025
5
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **Enfield Vinyard Church ('the Charity')**
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 March 2025 on pages 7 to 16 following, which have been prepared on the basis of the accounting policies set out on pages 9 to 1 0 .
## **Responsibilities and basis of report**
As the charity’s trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 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 examiner’s statement**
Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 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.
## Sarah Crispin
Sarah Crispin (Oct 14, 2025 15:39:06 GMT+1)
Sarah Crispin (ACA) Institute of Chartered Accountants in England & Wales Stewardship 1 Lamb's Passage London EC1Y 8AB
Date: Oct 14, 2025
6
## **Enfield Vinyard Church**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities
7
**Total expenditure**
**Net gains/(losses) on investments**
**Net income/(expenditure)**
**Transfers between funds**
17
**Other recognised gains/(losses):**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
17|Unrestricted
Funds
£
148,757
37,848
58,171
2,703
247,478
203,176
203,176
-
44,302
-
44,302
44,302
189,359
233,661|Restricted
Funds
£
-
18,044
-
-
18,044
17,596
17,596
-
448
-
448
448
7,444
7,892|Total
Total
Funds
Funds
2025
2024
£
£
148,757
106,473
55,892
40,373
58,171
43,872
2,703
1,653
265,522
192,370
220,772
221,068
220,772
221,068
-
-
44,750
(28,697)
-
-
44,750
(28,697)
44,750
(28,697)
196,804
225,501
241,554
196,804|
|---|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The notes on page 8-15 form part of these accounts.
7
## **Enfield Vinyard Church**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2025**
|Note
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Stock
10
Debtors
11
Investments
12
Cash at bank and in hand
13
**CREDITORS: Amounts falling**
**due within one year**
14
**Net current assets / (liabilities)**
**Total assets less current liabilities**
**Net assets / (liabilities) excluding**
**pension asset / (liability)**
**TOTAL NET ASSETS**
**FUND BALANCES**
17
Unrestricted Funds
General funds
Restricted Funds|Unrestricted
Funds
£
68,460
68,460
735
3,022
51,580
125,295
180,632
(15,431)
165,202
233,661
233,661
233,661
233,661
233,661
-
233,661|Restricted
Funds
£
-
-
-
-
-
7,892
7,892
-
7,892
7,892
7,892
7,892
-
-
7,892
7,892|Total
Funds
2025
£
68,460
68,460
735
3,022
51,580
133,187
188,525
(15,431)
173,094
241,554
241,554
241,554
233,661
233,661
7,892
241,554|Total
Funds
2024
£
68,777|
|---|---|---|---|---|
|||||68,777|
|||||-
3,046
50,000
91,312|
|||||144,359
(16,332)|
|||||128,027|
||||||
|||||196,804|
|||||196,804|
|||||196,804|
|||||189,359|
|||||189,359
7,444|
|||||196,804|
The financial statements were approved by the Board of Trustees and were signed on its behalf by:
CDissanayeke CDissanayeke (Oct 6, 2025 10:34:16 GMT+1)
---------------------------------------
Chandru Dissanayeke
Oct 6, 2025 Date: ___________________
Charity number: 1191391
The notes on page 8-15 form part of these accounts.
8
## **Enfield Vinyard Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **1 Statutory Information**
The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.
## **2 Accounting Policies**
These financial statements are prepared on a going concern basis, under the historical cost convention.
These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.
The previous year's accounts were prepared using the receipts and payments basis but, this year, the charity was obliged to prepare its accounts using the accruals basis. The results for 2024, which are comparatives quoted in these accounts, have been restated using the accruals basis.
The principles adopted in the preparation of the financial statements are set out below.
## a) Going concern
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
## b) Income
Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
Income from donations includes:
- i) Recoverable gift aid. This is recognised when the related donation is received. Gift aid that has not been recovered by the balance sheet date is included as a debtor.
- ii) Donated facilities, services and goods. Goods donated for distribution to beneficiaries are recognised as income when receivable at fair value (being an estimate of the amount it would cost to purchase those items). Facilities, services and goods donated for the charity's own use are recognised as income when receivable at their value to the charity.
The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.
When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.
Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from gym users, children's groups, counselling service, the baby bank and CAP.
Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity. It includes income from hall hire.
## c) Expenditure
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.
The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.
9
## **Enfield Vinyard Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
The cost of raising funds is not significant and has not been separately disclosed.
Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.
## d) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.
## e) Tangible fixed assets
Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:
Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Equipment Over 4 years
The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.
## f) Investments
Current asset investments are investments which a charity holds for resale or pending their sale and cash or cash equivalents with a maturity date of less than one year. This heading consists of cash on deposit with a notice period of 120 days which are held for investment purposes.
## g) Stocks
Stocks of donated items held for distribution to beneficiaries are measured at fair value.
## h) Pension scheme arrangements
The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.
## i) Taxation
The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.
j) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).
## k) Exemption from preparing a cashflow statement
The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.
l) Critical accounting estimates and areas of judgement The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.
## **3 Donations**
|Donations of cash and similar
Donations in kind (note 3a)
Government grants (note 3b)
Other grants receivable
Gift aid recoverable|2025
£
112,544
7,698
4,600
-
23,914
148,757|2024
£
88,595
-
-
-
17,878|
|---|---|---|
|||106,473|
10
## **Enfield Vinyard Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|**a**
Donations in kind comprise:
Goods donated for:
Distribution to beneficiaries
Good donated not recorded for 2024
**b**
NHS Grant for the gym
**4**
**Income from charitable activities**
Gym
Growbaby - Baby Bank
CAP
Counselling Service
Children's and youthwork activities
**5**
**Income from other trading activities**
Hall Hire
**6**
**Investment income**
Bank interest
**7**
**Charitable expenditure**
**a**
**Costs incurred directly on specific activities**
Employment costs
Furnishings & building improvements
Church activities
Gym and café
CAP project
Supplies & Consumables
Children and youth
Growbaby donations in kind expense
Grants payable (note 7c)
**b**
**Costs incurred on support & administration**
Governance costs
Independent examiner's fee
Repairs, maintenance and equipment
Utilities
Insurance & maintenance contracts
Subscriptions and bank charges
Administration, office and support costs
Depreciation of tangible fixed assets
**Total expenditure**
Government grants comprise:|2025
£
7,698
7,698
2025
£
4,600
4,600
2025
£
47,588
1,400
4,346
1,705
853
55,892
2025
£
58,171
58,171
2025
£
2,703
2,703
2025
£
117,919
12,239
3,116
4,230
8,632
4,731
7,271
6,963
165,100
10,479
175,579
3,060
3,060
6,824
20,305
5,670
6,524
1,243
1,568
45,193
220,772|2024
£
-|
|---|---|---|
|||-
2024
£|
|||-|
|||2024
£
32,983
1,680
5,220
280
210|
|||40,373|
|||2024
£
43,872|
|||43,872|
|||2024
£
1,653|
|||1,653|
|||2024
£
120,797
30,853
2,363
10,436
6,848
1,864
3,590
-|
|||176,750
7,011|
|||183,761|
|||1,722|
|||1,722
7,726
11,637
6,917
5,123
2,475
1,707|
|||37,307|
|||221,068|
**Total expenditure**
11
## **Enfield Vinyard Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
The fee payable to the independent examiner for preparing and examining the accounts was £3,540 (2023: £1,200); in addition the charity paid £1,376 (2024: £1,165) to Stewardship for payroll bureau and consultancy services.
## **c Grants payable**
|**Grants payable**||||
|---|---|---|---|
|Grants for UK and overseas mission
Grants for the relief of poverty
Grants for education, including ministry training
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Grants for the relief of poverty
Grants for education, including ministry training
The charity's principal grants to institutions comprised:
Just Earth
5000 plus
Chase Family Church
New River Church
Grants to institutions for less than £1,000 each|Institutions
£
2,175
7,340
9,515
Institutions
£
1,700
3,840
5,540|Individuals
£
964
964
Individuals
£
782
689
1,471
2025
£
1,920
5,420
1,200
975
9,515|2025
£
2,175
8,304
-|
||||10,479|
||||2024
£
2,482
3,840
689|
||||7,011|
||||2024
£
1,920
1,920
1,000
700|
||||5,540|
## **8 Analysis of staff costs, the cost of key management personnel and trustee remuneration**
The average monthly number of employees during the year was 7 (2024: 7). Most of the charity's activities are carried out by volunteers.
No staff received salaries at a rate of more than £60,000 per annum.
The charity's key management comprise the trustees and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:
|Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Jamie Parnell
41,600
1,248
Key management connected to trustees:
Megan Mariou
15,434
463
The following amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Jamie Parnell
40,000
1,200
Key management connected to trustees:
Megan Mariou
14,840
445|2025
£
42,848
-
15,897|
|---|---|
||58,745|
||2024
£
41,200
15,285|
||56,485|
Jamie Parnell served as a church leader and received the above payments for serving in that capacity, not for serving as trustee; these payments are permitted by the charity's governing document.
12
## **Enfield Vinyard Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **9 Tangible fixed assets**
|Cost
At 1 April 2024
Additions
Gains / (losses) on revaluation
Disposals
At 31 March 2025
Accumulated depreciation
At 1 April 2024
Charge for the year
Eliminated on disposal
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
**10**
**Stock**
Donated goods
For distribution to beneficiaries
Stock not recorded in 2024
**11**
**Debtors**
**Falling due within one year:**
Gift aid recoverable
Prepayments and accrued income
**12**
**Current asset investments**
Cash equivalent deposits
**13**
**Cash at Bank and in Hand**
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
**14**
**Creditors: liabilities falling due within one year**
Accruals
Deferred income|Freehold
Property
£
66,235
-
-
-
66,235
-
-
-
-
66,235
66,235|Leasehold
Improvements
£
-
-
-
-
-
-
-
-
-
-
-|Fixtures,
fittings and
equipment
£
2,543
1,250
-
-
3,793
-
1,568
-
1,568
2,225
2,543|Vehicles
£
-
-
-
-
-
-
-
-
-
-
-
2025
£
735
735
2025
£
1,943
1,080
3,022
2025
£
51,580
51,580
2025
£
80,143
53,045
133,187
2025
£
3,993
11,438
15,431|Total
2025
£
68,777
1,250
-
-|
|---|---|---|---|---|---|
||||||70,027|
||||||-
1,568
-|
||||||1,568|
||||||68,460|
||||||68,777|
||||||2024
£
-|
||||||-|
||||||2024
£
2,213
833|
||||||3,046|
||||||2024
£
50,000|
||||||50,000|
||||||2024
£
39,345
51,967|
||||||91,312|
||||||2024
£
2,234
14,098|
||||||16,332|
13
## **Enfield Vinyard Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **15 Deferred income**
Deferred income comprises the following:
|Within one year
After one year
The income deferred at the period end will be released to income over the following periods:
Amount released to income
Balance at the beginning of the reporting period
Balance at the end of the reporting period
Amount deferred in year|2025
£
14,098
(14,098)
11,438
11,438
11,438
-
11,438|2024
£
-
14,098|
|---|---|---|
|||14,098|
|||14,098
0|
|||14,098|
Deferred income is for hall hire funds received for hire dates in the following financial year.
## **16 Pension commitments**
During the year employer’s pension contributions totalling £6,272 (2024: £6,646) were payable to defined contribution personal pension schemes. Pension contributions were owing at the balance sheet date were £453 (2023: £554).
## **17 Funds**
During the year the movements in the charity's funds were as follows:
|_Designated Funds_
_General Unrestricted Funds_
Total Unrestricted Funds
_Restricted Funds_
Growbaby
CAP
NHS Grant for the Gym
Aggregate of funds|Opening
balance
2025
£
-
189,359
189,359
1,779
5,666
-
7,444
196,804|Incoming
resources
2025
£
-
247,478
247,478
9,098
4,346
4,600
18,044
265,522|Outgoing
resources
2025
£
-
(203,176)
(203,176)
(8,314)
(8,632)
(650)
(17,596)
(220,772)|Transfers
in the year
2025
£
-
-
-
-
-
-
-
-|Gains and
losses
2025
£
-
-
-
-
-
-
-
-|Closing
balance
2025
£
-|
|---|---|---|---|---|---|---|
|||||||233,661|
|||||||233,661|
|||||||2,562
1,380
3,950|
|||||||7,892|
|||||||241,554|
## **Analysis of net assets by fund**
The assets and liabilities of the various funds were as follows:
|Tangible fixed assets
Stock
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year|General
Designated
funds
funds
£
£
68,460
-
735
-
3,022
-
51,580
-
125,295
-
(15,431)
-
233,661
-
Unrestricted Funds|Restricted
funds
£
-
-
-
-
7,892
-
7,892|2025
£
68,460
735
3,022
51,580
133,187
(15,431)|
|---|---|---|---|
||||241,554|
14
## **Enfield Vinyard Church**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
In the previous year the movements in the charity's funds were as follows:
|_Designated Funds_
_General Unrestricted Funds_
Total Unrestricted Funds
_Restricted Funds_
Growbaby
CAP
Grant for youth evangelism
Aggregate of funds|Opening
balance
2024
£
-
223,866
223,866
1,156
-
480
1,635
225,501|Incoming
resources
2024
£
-
178,177
178,177
1,680
12,514
-
14,194
192,370|Outgoing
resources
2024
£
-
(212,684)
(212,684)
(1,056)
(6,848)
(480)
(8,384)
(221,068)|Transfers
in the year
2024
£
-
-
-
-
-
-
-
-|Gains and
losses
2024
£
-
-
-
-
-
-
-
-|Closing
balance
2024
£
-|
|---|---|---|---|---|---|---|
|||||||189,359|
|||||||189,359|
|||||||1,779
5,666
(0)|
|||||||7,444|
|||||||196,804|
## **Analysis of net assets by fund**
In the previous year, the assets and liabilities of the various funds were as follows:
||Unrestricted Funds|Unrestricted Funds||||
|---|---|---|---|---|---|
||General|Designated||Restricted||
||funds|funds||funds|2024|
||£||£|£|£|
|Tangible fixed assets|68,777||-|-|68,777|
|Stock|-||-|-|-|
|Debtors|3,046||-|-|3,046|
|Investments held as current assets|50,000||-|-|50,000|
|Cash at bank and in hand|83,868||-|7,444|91,312|
|Creditors falling due within one year|(16,332)||-|-|(16,332)|
||189,359||-|7,444|196,804|
GrowBaby is a project that supports families across Enfield by providing good quality new and second-hand clothes and equipment for children ages 0 - 5 years.
The CAP Fund represents support towards the Christians Against Poverty project. In 2024 a grant of £11,664 was received from a charity which closed and specified their grant was to be used for Enfield CAP.
The grant from the Archbishop's Council was used for youth evangelism projects.
## **18 Transactions with related parties**
During the year the charity:
- a) received donations totalling £38,979 (2024: £29,330) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).
- b) No expenses (2024: £nil) were paid to, or for, the trustees.
15
## **Enfield Vinyard Church**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donations
3
Charitable activities
4
Other trading activities
5
Investments
6
Other income
7
**Total income and endowments**
**EXPENDITURE ON:**
Charitable activities:
7
Raising funds
8
Other
**Total Expenditure**
**Net gains/(losses) on investments**
**Net income/(expenditure)**
**Transfers between funds**
17
**Other recognised gains/(losses):**
Gains/(losses) on revaluation of fixed assets
16
Other gains/(losses)
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
17
Actuarial gains/(losses) on defined benefit
pension schemes||General
Designated
2025
2025
£
£
148,757
37,848
58,171
2,703
-
247,478
-
203,176
-
-
203,176
-
-
44,302
-
-
-
44,302
-
44,302
-
189,359
-
233,661
-
Unrestricted funds|Restricted
2025
£
18,044
18,044
17,596
17,596
448
-
448
448
7,444
7,892|Total
2025
£
148,757
55,892
58,171
2,703
-
265,522
220,772
-
-
220,772
-
44,750
-
44,750
-
-
-
44,750
196,804
241,554|||General
Designated
2024
2024
£
£
106,473
26,179
43,872
1,653
-
178,177
-
212,684
-
-
212,684
-
-
(34,507)
-
-
-
(34,507)
-
(34,507)
-
223,866
-
189,359
-
Unrestricted funds|Restricted
2024
£
14,194
14,194
8,384
8,384
5,809
-
5,809
5,809
1,635
7,444|Total
2024
£
106,473
40,373
43,872
1,653
-
192,370
221,068
-
-
221,068
-
(28,697)
-
(28,697)
-
-
-
(28,697)
225,501
196,804|
|---|---|---|---|---|---|---|---|---|---|
16