VINELIFE CHURCH MANCHESTER
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure deficit of £39,487 for the year ended 31 March 2023, with unrestricted funds decreasing from £293,808 to £253,219. The trustees noted that the charity relies on unpredictable income flows and maintains a reserves policy to cover contractual obligations for one to three months, though actual unrestricted reserves at year-end were £253,219. The sale of the Ardwick Green building, completed after the reporting period, is expected to return the church to generating a surplus and allow for the repayment of debts.
What the accounts disclose
“To ensure the financial viability of the Church and its ability to meet its ongoing commitments the charity will endeavour to maintain, on average, sufficient reserves to cover all contractual obligations for one month and if possible up to three months.” — page 8
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (26/03/2019)
Trustees
- Craig Julian Lister
- Peter Bell
- Susan Crawford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £299k | £299k |
| 31/03/2024 | £717k | £472k |
| 31/03/2023 | £333k | £372k |
| 31/03/2022 | £433k | £520k |
| 31/03/2021 | £811k | £622k |
Common questions
Is VINELIFE CHURCH MANCHESTER financially healthy?
The accounts state that the charity reported a net expenditure deficit of £39,487 for the year ended 31 March 2023, with unrestricted funds decreasing from £293,808 to £253,219. The trustees noted that the charity relies on unpredictable income flows and maintains a reserves policy to cover contractual obligations for one to three months, though actual unrestricted reserves at year-end were £253,219. The sale of the Ardwick Green building, completed after the reporting period, is expected to return the church to generating a surplus and allow for the repayment of debts. Its FY2023 accounts were independently examined.