Verso Vineyard Church Limited

Charity number: 1066846
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To gather all those who are searching for God, to grow in God's love, and to give it away" In fulfilling these objectives the church holds Christian services, provides educational and training sessions, provides children's and youth activities and performs acts of service and charity within the local community and throughout the world.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,651,851

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £1.59m
Charitable activities £29.44k
Other trading activities £23.42k
Investments £8.58k
Other £0

Total expenditure:
£1,691,678

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Raising funds £340
Charitable activities £1.69m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £340
Charitable expenditure £1.69m

People

19 Employee(s)

4 Trustee(s)

800 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£80k to £90k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Religious Activities
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Hertfordshire
  • India

Governance

Registration history:
  • 15 December 1997: Standard registration
Organisation type:
Charitable company
Other names:
  • ST ALBANS VINEYARD (Working name)
  • ST ALBANS VINEYARD CHURCH (Working name)
  • THE VINEYARD CHURCH (Working name)
  • VINEYARD CHRISTIAN FELLOWSHIP OF ST ALBANS (Previous name)
Company number:
03445897 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Trustee conflicts of interest policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
TIM WINFIELD Chair 07 February 2012
None on record
Bruce McKinnon Trustee 19 September 2019
None on record
Andrea Taylor-Cummings Trustee 19 September 2019
None on record
Mark Andrew Helvadjian Trustee 23 June 2016
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.13m £1.34m £1.19m £1.51m £1.65m
Total expenditure £1.13m £1.09m £1.18m £1.47m £1.69m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £41.85k £38.23k £274 N/A
Income - Donations and legacies £1.10m £1.33m £1.18m £1.48m £1.59m
Income - Other trading activities £16.12k £9.07k £8.83k £18.73k £23.42k
Income - Charitable activities £11.62k £3.04k £2.58k £12.33k £29.44k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.79k £977 £126 £560 £8.58k
Income - Other £2.17k £3.20k £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.13m £1.09m £1.18m £1.47m £1.69m
Expenditure - Raising funds £0 £0 £0 £508 £340
Expenditure - Governance £8.30k £7.63k £8.64k £8.76k £8.46k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £3.91m £3.86m £3.78m £4.39m £4.29m
Long-term investments £0 £0 £0 £0 £0
Other assets £539.83k £821.90k £874.96k £797.21k £849.64k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £898.24k £878.88k £840.45k £1.34m £1.33m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 30 October 2024 On Time
Accounts and TAR 31 December 2023 30 October 2024 On Time Download Open in new window
Annual return 31 December 2022 18 October 2023 On Time
Accounts and TAR 31 December 2022 18 October 2023 On Time Download Open in new window
Annual return 31 December 2021 20 October 2022 On Time
Accounts and TAR 31 December 2021 20 October 2022 On Time Download Open in new window
Annual return 31 December 2020 22 October 2021 On Time
Accounts and TAR 31 December 2020 22 October 2021 On Time Download Open in new window
Annual return 31 December 2019 07 October 2020 On Time
Accounts and TAR 31 December 2019 07 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED ON 7 OCTOBER 1997 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18 SEP 2023 as amended on 08 Dec 2023

Charitable objects

[A] THE ADVANCEMENT OF THE CHRISTIAN FAITH INCLUDING MISSIONARY ACTIVITIES IN THE UNITED KINGDOM AND OVERSEAS AND ALSO INCLUDING BUT NOT LIMITED TO THE PLANTING OF NEW CHURCHES AND ORGANISATIONS OF CONGREGATIONS; [B] THE RELIEF OF THE POOR AND NEEDY; [C] THE RELIEF OF THE SICK AND ELDERLY; [D] SUCH OTHER CHARITABLE OBJECT AND FOR THE BENEFIT OF SUCH OTHER CHARITABLE BODIES AND INSTITUTIONS AS THE COMMITTEE SHALL IN THEIR ABSOLUTE DISCRETION SEE FIT;

Area of benefit

The area the charity can operate in, as set out in its governing document.

NATIONAL

Contact information

Address:
7 BRICK KNOLL PARK
ASHLEY ROAD
ST. ALBANS
HERTS
AL1 5UG
Phone:
01727812765
Email:
office@stalbansvineyard.com
Website:

www.thevineyardchurch.co.uk Open in new window