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2023-04-30-accounts

Sheffield Vineyard

Report and Accounts 19 January 2022 to 30 April 2023

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

Sheffield Vineyard

LEGAL & ADMINISTRATIVE DETAILS

FOR THE PERIOD ENDED 30 APRIL 2023

ADDRESS FOR CORRESPONDENCE 80 Brincliffe Edge Road Sheffield S11 9BW GOVERNING DOCUMENT Constitution dated 19 January 2022 CHARITY REGISTRATION NUMBER 1197569 TRUSTEES RESPONSIBLE FOR Dr Alexander Leslie Griffin MANAGING THE CHARITY Dr Karen Alison Griffin Georgina Emma Lambert Anne Marie Button John Phillip Lea-Wilson INDEPENDENT EXAMINER Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Page 1 Pages 2-4 Page 5 Page 6 Page 7 Pages 8-9

Legal & Administrative Details Trustees' Report Independent Examiner's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts

Page 1

Sheffield Vineyard

REPORT OF THE TRUSTEES

FOR THE PERIOD ENDED 30 APRIL 2023

The Trustees have pleasure in submitting the Report and Accounts for the period ended 30 April 2023

Objects of the charity

The charity, which is a church, is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal objects, as set out in its governing document, are “To advance the Christian religion for the public benefit in accordance with the Statement of Faith in such parts of the United Kingdom and the world through:

Summary of the charity's main activities and achievements

A DESCRIPTION OF WHO WE ARE AND WHAT WE WANT TO DO

We want our city to be full of people who are full of life. We are a growing group of people who love worshipping God in creative and relevant ways, and we want to actively impact the people of Sheffield with bucket loads of compassion and generosity.

OUR VISION STATEMENT

God has called us to establish a vibrant, biblically-based, regional Vineyard church rooted in Sheffield, which will, in the power of the Holy Spirit, worship God and communicate the gospel of Jesus in creative and relevant ways. We will make, train and equip disciples to be effective in extending God’s kingdom and to show generosity and kindness towards the least, the lonely and the lost.

OUR VIRTUES

A REVIEW OF LAST YEAR (May 2022- April 2023)

Page 2

OUR PLAN FOR THE YEAR AHEAD (May 2023 – April 2024)

Generally, our plan for the year ahead will be guided by our constant vision and virtues (see above).

Specifically, our aims for the coming year include:

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.

Financial review

Sheffield Vineyard CIO was registered with the Charity Commission on 19 January 2022 but until the end of July 2023 our activities continued to be included in the Wharfedale Vineyard Christian Fellowship accounts (registered charity number 1071353).

During the year income increased from £0 to £6,569 per month in the final month (Note: this is because we initially didn't receive income into this bank account but throughout the year people transferred their giving across. Also, this is not including gift aid - we are in the process of back claiming gift aid from this period).

As a result, cash held by the charity increased from £0 in the first month to £43,206 by the final month of which £41,327 is unrestricted. (Note: this includes both people transferring their giving into this bank account and transfers from Wharfdale into this bank account.)

Reserves policy

The trustees have determined that the charity should aim to hold unrestricted cash of no less than £18,500 (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 £41,327 and the charity is holding additional funds for the purpose of purchasing or leasing a building from which we can operate, and which will further enable us to pursue our aims and objective. We review our reserves each time we meet as a Trustee board, which is five times a year (Feb, April, June, Sept, Nov.)

Governance

Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. Responsibility for the day-to-day operation of the charity has been delegated to a staff team led by Alex and Karen Griffin. New trustees are recruited and appointed by the existing trustees, by a majority vote. New trustees are appointed when appropriate. Suitable candidates, who are generally selected from within the church membership, are considered based on their skills, experience, and sympathy with the aims of the church. New trustees have the opportunity of reviewing appropriate documents, including the accounts, as part of their induction process.

Organisational structure

The day to day running of the church is delegated to the employed staff. The staff are led by Alex and Karen Griffin. The church also has a leadership group, which sets the vision of the church and considers ways to ensure the vision is met. The leadership team is led by Alex and Karen Griffin.

The leadership team comprises: Alex and Karen Griffin Rob and Sarah Swain John and Rosie Lea-Wilson Matt Richens

Page 3

Relationships with other charities and related parties

Sheffield Vineyard is affiliated to Vineyard Churches UK & Ireland (VCUK&I) Charity no: 1099748. VCUK&I was formed with the purpose of joining together churches that hold common values and practices. It gives oversight to the pastors of Vineyard churches and facilitates church planting. It helps, serves, and strengthens the churches by leading, training, resourcing, administering and providing pastoral support to senior pastors. Sheffield Vineyard uses the name ‘Vineyard’ under license from VCUK&I.

Sheffield Vineyard gives 5% of its income to support the work of VCUK&I. This is part of the license agreement with VCUK&I and is in harmony with the charity’s objectives

Risk statement

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

Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Approval

This report was approved by the trustees and signed on their behalf by:

Georgina Lambert

_________ Georgina Lambert

Date: 8 November 2023

Page 4

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

Sheffield Vineyard

I report to the trustees on my examination of the accounts of Sheffield Vineyard ('the charity') for the period ended 30 April 2023 on pages 6 to 9 following.

Responsibilities and basis of report

As the trustees of the charity 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 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material 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 accordance with section 130 of 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 to enable a proper understanding of the accounts to be reached.

Sarah Crispin

Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 9 November 2023

Page 5

Sheffield Vineyard

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE PERIOD ENDED 30 APRIL 2023

Notes
Income receipts
Donations
Other grants
Total receipts
Payments
2
3
Total payments
Transfers between funds
5
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Net of receipts / (payments) before
Grants
paid
in
relation
to
charitable
activities undertaken by others
Payments
in
relation
to
charitable
activities undertaken directly
General
Designated
Funds
Funds
£
£
48,836
-
32,383
-
81,219
-
35,929
-
3,962
-
39,891
-
41,328
-
(840)
840
40,488
840
-
-
40,488
840
Unrestricted Funds
Restricted
Funds
£
-
2,617
2,617
738
-
738
1,879
-
1,879
-
1,879
2023
£
48,836
35,000
83,836
36,668
3,962
40,630
43,206
-
43,206
-
43,206

The notes on pages 8 - 9 form part of these accounts.

Page 6

Sheffield Vineyard

STATEMENT OF ASSETS AND LIABILITIES

FOR THE PERIOD ENDED 30 APRIL 2023

Notes
A
Cash funds
Cash at bank with immediate access
B
Other monetary assets
Gift aid due to charity
Rent paid in advance
Other debtors
C
Assets retained for charity's own use
Music and PA equipment
Computers and IT
General
Designated
funds
funds
£
£
40,488
840
40,488
840
6,683
-
850
-
3,000
-
10,533
-
Unrestricted Funds
Restricted
funds
£
1,879
1,879
-
-
-
-
2023
£
43,206
43,206
6,683
850
3,000
10,533
Current
value
£
8,000
704
8,704

D Guarantees and secured debts

The charity has not given any guarantees and has not provided its assets as security for any liabilities.

The accounts were approved by the trustees and signed on their behalf by:

Georgina Lambert

_____Georgina Lambert

Date: 8 November 2023

The notes on pages 8 - 9 form part of these accounts.

Page 7

Sheffield Vineyard

NOTES TO THE ACCOUNTS

FOR THE PERIOD ENDED 30 APRIL 2023

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

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.

2
Payments in relation to charitable activities undertaken directly
Employment costs (see note 4)
Sunday ministry expenses
Youth and children's work
Events
Facilities
Licences & Subscriptions
Training & equipping
Missions
Admin
Unrestricted Fun
General
funds
£
24,923
2,862
321
1,862
1,628
1,177
1,322
-
1,836
35,929
ds
Designated
funds
£
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
-
-
-
738
-
738
Total
2023
£
24,923
2,862
321
1,862
1,628
1,177
1,322
738
1,836
36,668

All costs incurred by Sheffield Vineyard before July 2023 including staff employment costs were paid by The Wharfedale Vineyard Christian Fellowship on behalf of the charity and are therefore not included in the total costs shown above.

3
Grants paid in relation to charitable activities undertaken by others
Grants for:
Vineyard Churches
UK Mission
S6 Foodbank
Relief of poverty
Other small grants to organisations
Grants to individuals
2,061
1,089
315
497
3,962
-
-
-
-
-
-
-
-
-
-
2,061
1,089
315
497
3,962

4 Transactions with related parties

Alex Griffin served as a church leader and was paid £5,907 directly by the Charity and £1,169 by The Wharfedale Vineyard Christian Fellowship on behalf of the charity for serving in that capacity, not for serving as trustee; these payments are permitted by the charity's governing document.

Page 8

Sheffield Vineyard

NOTES TO THE ACCOUNTS

FOR THE PERIOD ENDED 30 APRIL 2023

5 Movement of funds

vement of funds
General funds
Designated funds
Sabbatical Saving Fund
Restricted funds
French Partnership Fund
Total funds
Opening
balance
£
-
-
-
-
-
-
Receipts
£
81,219
-
-
2,617
2,617
83,836
Payments
£
(39,891)
-
-
(738)
(738)
(40,630)
Transfers
£
(840)
840
840
-
-
-
Closing
balance
£
40,488
840
840
1,879
1,879
43,206

The French Partnership Fund is to enable the plans of the Vineyard UK/France Partnership, namely, to plant and develop Vineyard churches in France. Our senior pastors lead the partnership. Sheffield Vineyard financially contributes to the partnership, alongside other Vineyard churches in the UK. The Sabbatical Saving Fund is to enable the Senior Pastors to take a sabbatical every seven years. The sabbatical will typically last around 12 weeks and involves attending conferences and other churches. It also affords them some time to rest.

Page 9