MEDWAY VINEYARD CHURCH
(a) to advance the Christian faith and the planting of other Vineyard churches;(b) to further Christian education;(c) to relieve sickness and financial hardship and to promote and preservegood health;(d) to provide or assist in the provision of facilities in the interests of socialwelfare for recreation or other leisure time occupation of individuals whohave need of such facilities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £16,994 for the year ended 31 January 2025, resulting in a decrease in unrestricted reserves from £32,220 to £24,062. The trustees have set a minimum reserves policy target of £9,000 to cover three months of core activities, a level which the current unrestricted reserves of £24,062 exceed. The charity is dependent on unrestricted donations and restricted grants to fund its operations, with restricted reserves falling to nil.
What the accounts disclose
“The trustees have set a minimum level of unrestricted reserves of £9,000, which will ensure that at least three months of the charity’s core activities could continue during a period of unforeseen difficulty.” — page 6
“Mrs S Millar is a related party to Mr A Millar, and received remuneration of £23,422 (2023/24: £21,600) in respect of her work in the running of the church, as permitted by the governing document.” — page 12
“Mrs S Millar is a related party to Mr A Millar, and received remuneration of £23,422 (2023/24: £21,600) in respect of her work in the running of the church, as permitted by the governing document. She is also considered to be Key Management for the Charity.” — page 12
“Mr A Millar and Mrs S Millar received travel expenses between them of £2,076 (2023/24: £1,786) during the year, as permitted by the governing document.” — page 12
“Mrs S Millar is a related party to Mr A Millar, and received remuneration of £23,422 (2023/24: £21,600) in respect of her work in the running of the church, as permitted by the governing document. She is also considered to be Key Management for the Charity.” — page 12
“Mr A Millar and Mrs S Millar received travel expenses between them of £2,076 (2023/24: £1,786) during the year, as permitted by the governing document.” — page 12
Trustees
- Stephen Roy LEVERITTchair
- ANDREW ROSS MILLAR
- Aoife Obatre
- Derek Bluer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £64k | £81k |
| 31/01/2024 | £83k | £81k |
| 31/01/2023 | £69k | £73k |
| 31/01/2022 | £67k | £65k |
| 31/01/2021 | £40k | £57k |
Common questions
Is MEDWAY VINEYARD CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £16,994 for the year ended 31 January 2025, resulting in a decrease in unrestricted reserves from £32,220 to £24,062. The trustees have set a minimum reserves policy target of £9,000 to cover three months of core activities, a level which the current unrestricted reserves of £24,062 exceed. The charity is dependent on unrestricted donations and restricted grants to fund its operations, with restricted reserves falling to nil. Its FY2025 accounts were independently examined.