EXETER VINEYARD CHURCH Exeter Vlneyard Church (A company Ilmlted by guarantee) Unaudited Flnancial Ststements Perlod 1st January 2024 to 31st December 2024 Exeter Vlnayard Church Unaudltsd Flnanclal Statements. Period 1st January 2024 to 31st DeGember 2024 Contsnts Pag• Numb•r Legal and Adminlstrative Infomatbon Trustees Annual Repcxt Independent Examiner'8 Report Stat8rnent of Flnanclal Activllles 9-10 11 Balanc8 sheet 12-13 Not88 to th8 Flnandal Statements 14-25 Exetor Vlneyard Church Unaudited Financial Statements. Period 1st January 2024 to 31st December 2024 Admlnlstratlve and Refernnce detalls Charity name Exeter Vin8yard Church Reglstefed Chartty Number 1052898 Reglstered Company Number 03149728 Reglstered Addres8 5 Bamfield Cr8scen( Exetsr EX11 QT Current Trustee8 Mr. D J Vinall Mr. M l Denlon Mr. S White Mr. C Flannagan Mr. S Johns Independent Examiner Karen Silcox MAAT Plumtroe Bookkeeplng 19 Beverley Close Exeter EX2 5NJ Exeter Vlneyard Church Report of the Trustees (Including report of the Directors) Perlod 1st January to 31st December 2024 Structure, Govamanco and Managoment Governlng Document The Charity is cx>ntrolled by ts gov8mTng document, a deed of trust dated 4th Juty 2005 and c¥)n8titutes a Ilmlted I￿1panY. Ilmited by guarantee, as defined by the Companles Act 2006. A board of twstees administers the charity and meets on a regular ba&'s througtmyrt the year. Rlsk Management The trustees havo a duty to Identlfy and revlew the risks to which the charlty18 exposad and to 6n8ure approprlate (x)ntrols are In place to wovlde reasonable 8&8urance agaln8t fraud arKI arror. Objactlvas of the Charlty The objedives of Exeter Vineyard Churth (EVC) are 88 follows: The furtherance ol rellglous and secular publlc educatlon The advanL¥rnent of the Christian faith Including missionary aC￿VIlle5 in the United Kingdom and overseas and a180 Including but rK)t Ilmlted to the plantlng of new churches and organ18atlons of congregatlons. The rdief of the poor and neety The rell8f of the sick and elderly Such other charStabl8 objects and for the benefit of such other charftable bodles and institutlons 88 the Trustees shall 8e8 fft Organlsatlonal Structure The trustee8 Vrt)0 served during the year and up lo tho date of the rewi was appioved are as follow8: Mr. D J Vlnall Mr. M l Denton Mr. S White Mr. C Flannagan (Reslgned on 3rd M8rth 2025) Mr. S Johns The power of appolnllng new tru8lee818 vested In the sur¥lvlng or (x)nfjnulng trustees. Publlc Benofft When plannlng our activites for the year. the trustees have consldered the Charlty Commlssloner3' guidance on publlc benefit and in Part1￿j1ar the speofic guidance for chartlies on the advancement of rellglon for the publlc benefft and the relief of poverty for the publlc benefit. The trustees consider that the activities summarised below prrnfjde benefrt to those ￿0 %￿lshIP at our church, to the wider communlty In Exeter. to th8 United Kingdom. and to the world. Revlew of Activltles EVC Is a falth communlty of around 80 hou8ehohts. Thls coverg a wlde age range, bgckgrounds and Ilfe stages. Activities for the Benefft of our Church Community At Exeter Vtneyard Churth we are tying to create a mU1￿eneratk)nal arKI dlverse (x)mmunty that encourages hollth w8lkbeing for both our m8mb8rs arKI people wl)o coma into oxtaci with our actlvltles. As such. belng highly relatlonal Is a strong valu8 far us. We meet as a *thole church communty Iwlce month for a Sunday service. This is a meeting centred around the Christs'an faith, and vthlle the vast rnajoiity of people th8re are Chrfstlans. we do have people vtho are curious and explorlng th&8e Ideas. We start our seNices with a shared breakfasL before a more tr8ditk>nal worship seNice. We hav8 separate actlvltles for chlldren that allow them to experienc* churth in an age appropriate way. This often Involves playlng games doing (xafts. Along￿de our fortnightly Sunday 8eNlce, we have a nurnbor of 8maller groups that m88t for shared meals throughout the month. We call th888 Hubs and they can vary In numb8r from 6 to 30 people. These are gathering6 which we described as 'church around the dinner table" and arn lod by a team of 22 volunto8r8. Hubs Involve people of all ages. Includlng famllles wlth thlldren. We flnd that the8e smalbr and more Infom)al gatherlngs better 8utt the ryeallon of strong and 8UPPOrtlve relatlonships between membern. It a180 oncourag08 contrlbuoorb from members, 80rnathlng wo belleve Is poshlve and importanL We 8180 recomm8fKI people to get Involved In 8maller groups. cAll8d Dlsdp186hip Groups. Th181s a programme lo empower people to engage In thelr falth In thelr everyday Ilves and to help members 8UPPOrt each olher. We have separate groups for young p6ople. Messy Church Is a very Informal and crealfve expresslon of church. Our monthly Messy Church session attracts a number of f8milies from the local communlty and for whom It Is thelr only interaction with the church. We have $88n this provide6 SUPPOrt for them by brlnglng tr￿M Into a group wtth other5 at a Slmllar stage of Ilfe. We have 8eon a number of famllle8 Joln during the year, from 8 wide variety of bathground8. For tsenagers we have a monthty Y￿ club sesslon. where we have foojsed on 88tabllshing good relatlonships belweon our teenagers and 8n(x)uraglng wslb've mental w811-belng. There is also a spedfic dl8cu88lon group for the older teenagers once a month, where they 8re able to thlnk about the deeper and more phlbsophlcal a8P8cts of Ille and falth. In October 2024. for our fourth year, Dave Vlnall and 2 volunteer youth leaders took 13 teenagers on a resldential weekend away in North Devon and this was a really positlve sts. We hav8 set this al £25,000. Unrestrlcted reserves (not Induding the designated fund) totslled £48,480. Thls is more than enough to cover current commitments Ixrt is undar regular revi6w by the trusle8S. Statament of Trust•o8 Responslbllltles Th8 Trust88&1DlrectorB' Rewt has been prepared in accAirdanc* with the provisions in the Companles Act 2006 relallng to small companles. 11 was approved by Ihe trustees on 111th 8•p*th 2025 and *ned on thelr b8half by Trustee CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Report to the trustoesldlrectorsl membern of Exeter Vineyard Church On accounts for the year ended 31 st December 2024 Charlty no.: 1052898 Company no.: 03149728 Sot out on pagos 11-26 I report to the charity trusteas on my examlnatlon of th8 accounts of the Company for the year ended 3111212024 Rospon•lbllltles and basls of report As the charws trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts In accordance with the r8quirements of the Companies Act 2006 (Ihe 2006 Acr). Havlng satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for Independent examination. I report in respect of my examination of your charity's accounts as carried out urKler section 145 of the Charftles Act 2011 (Ihe 2011 Acf). In carrying out my examination, I have followed the Directions glven by the Charity Comrnission (under sectK)n 145(5){b) of the 2011 A Indepandont examinerfs statement I have completed my examination. I confimi that no material matters have come to my attenlion which gives me cause to believe that: accounting records were not kept in ac￿dance with section 386 of the Companies Act 2006; or • the accounts do not accord such records; or . the accx)unts do not {￿mplY with relevant accounling requirements under section 396 of the Companies Act 2006 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; or •the accounts have rK)t been prepared In accordance wlth the Charities SORP (FRS102). I have no ￿ncernS and have come across no other matters in connection with the examinalion to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Slgnod: Dats: 1910912025 Name: Karen Silcox Relevant prnfesslonal quallficatlon(s) or body (If any): Member of the Association of Accounting Technicians (AAT) Licence number 1003207 Address: 19 Beverfey Close Exeter X2 5NJ 10 Charity Name Exeter Vineyard Church ChArity No Company 1052698 03149728 Annual accounts for the period To Perlod end 111r2024 3111212024 Section A Statement of financial activities (including summary income and expenditure account) unrMtr1ct￿ Income funds fund• Total fund• R•comm•nd•d c•t•gorfe• by actmty Not•8 Prlor yoar fund• Incom• F01 F02 F04 F05 Incom• and •ndowm•nts from: 126.921 1.406 126,921 1,406 122,993 4,467 Ch•rlt•bkn aGII 705 129,032 7.819 7,819 8.524 136,851 7.397 134,857 Total Expendlturn Exp•ndttur• on: Ra181ng fvnd• 123,302 123,302 123,302 123,302 139.052 139,052 rotal Net Incom￿(0xpendfture) Reconclllatlon of funds.. 5,730 7,819 13,549 -4,195 Totat fund• t¥tyJght ftxwwd Total funds canled fonvard 48.710 54,440 129.604 137.423 178.314 191.863 182.509 178.314 11 . Charity Name Exetar Vineyard Church Charity No Company No 10fj289 03149728 Section B Balance sheet Lks a* Ils4 DeLothbr | 2ozlk R•strlctod Unr•8trlctod Incom• fund• fund• Totsl th1* Total last yoar Notes Flx•d assets Tanglbh asmts 1,688 1.688 2.250 2,250 Total fixod Currnnt a•uls D•btorn 3.095 3.095 2.424 Ca•h at bank and In hand Tot•1 curnt assets 10 53,805 56.900 137.423 137.424 191,229 194.324 177.537 179,961 Cr•dltorn: amunts falllng du• wlthln one yoar 11 4.148 4,148 3,897 Net cunvnt •ssots/(Ilabllltl•sJ 52,752 137.423 190,175 176,064 Total n•t ass•ts or Il•blllU•8 54.440 137.423 191,863 178,314 Fund• of th• Charlty R••trICt￿ Income fund• 12 137,423 137,424 129,604 D•slgn•tsd fiind• Unrnstrlct•d funds 5,959 5,959 5,222 48.480 54.440 48,480 191.863 43,488 178,314 Totsl funds 137,423 The company wa8 •ntld•d to •x•mpth>n from •udlt und•r s477 of th• Comp•nl•8 Act 2006 rnlatlng to small companl The membws have not requlr•d th• company to obtaln an audlt In accordance wlth $•cth>n 476 of the Companlos Act 2006. Tho dlrnctorn acknowledg• thelr rnsponslbllltl•s for complylng wlth th• r•qulrements of tho Companl•s Act wfth rnspoct to ac￿untIng records and the prnparatlon of accounts. These accounts h•ve been wep•rnd In •ccordance wlth the provlslon$ appllcabl• to small mp•nlo5 $ubJ•¢t to th• sm•ll companl•s rnglm• and In accofdanu wlth FRS102 SORP. 12 Slgned by one or two truste8sldirerAors on behalf of all the trustee&ldlreciorn Print Name Slgnature of dlre(kn authenticallng acrx>unts belng sent to Cornpanles Hou88 Slgnature 16/oq 12025 13 Exeter Vlneyard Church Period 1st January to 31st December 202 Sectlon C - Notes to the Accounts Note 1 Basls of Prnparatlon 1.18asl8 of a¢￿untIng These accounts hav8 b88n prepared under the hislorlcal cost convention with items recognlsed at cost or transadon valu8 unless otherwlse stated In lh8 relevarrt note(s) to the8e accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: ACcI￿nting and Reporting by Charltbe8 preparlng their accA)unts Sn accordance *fjth the Flnanaal ReF)Orting Standard appllcable In the UK and Republlc of Ireland (FRS 102) Issued on 16 July 2014 Ihe Flnandal ReportlNJ Slandard appllcable In Ihe Unlted Klngdom and Republlc of Ireland (FRS 102) and with the Chartlles Act 2011. The charity conslilutes a publtsc b8n8fft entity as d8fined by FRS 102. 12 Golng Conc•m These accounts have been prepared on a golng concern basls, Th8 trustees have set a resep4es policy of holding £25.000 in unrestricted reser¥es. At the and of 31st D8cernber 2024 the charity hold8 sufflclent unre5tr1cted reserves. The trustees are confident that the charity will contlnue to operate for the next 12 months. 1.3 Chang• In accountlng pollcle8 The accounts present a trua and fair vlew arKI no tharoo8 have been made to the accounttng polldes adopted In the note 2. 1A Chang•• to accountlng estlmat•• No thanges to aca>unting 6stlmat88 have occurred In the reportlng p8rlod 1.5 Materlal prfor ￿11 •ffor• No materlal prlor year errors have been Iden￿ned In the reportlng perlod. 1.6 Fund accountlng Unrestricted funds are avallable for use at th8 dlscrellon of the trustees In lurtherance of the general objectives of the charlty. Unrestricted funds include a revaluats'on reserve representlng the restatement of Investrnent assets at market values. DesSgnated funds are unr8strict8d furmls earrnarked by the trustees for particular purpos88. Restrlcted funds are 8ubJeded to r88tr1dlons on thelr expendlture Imposed by the donor or through tho tom￿ of an appeal. 14 Note 2 Accountlng Pollcles 2.1 Income Rocognltlon of Incom• Incorne is inclLKled in the Ststement of Flnand81 Acbvlties (SOFA) wthen the charlty becomes entitled to the resourc8S it is more likely than not that the trust88s will receive tho re%>urce8; the monetsry value can be measured wtth sullldent relSablllty. Offuttlng There has been no off8ettlng of a88ets and Ilabilltles, or Income and expens88, unless required or perniltted by the FRS 102 SORP or FRS 102. Grnnts and donatlons Grants and donations are only Included In th6 SOFA when the general income reo)gnltk>n crltarla arn met (5.10 to 5.12 FRS102 SORP). Tax roclalm• on donatlons and glft• Gift Atd receivable is Induded in in(x)me whon ther8 is a valid d8daration from th8 donor. Any Glft Ald amount recovered on a donatlon Is cons5dered to be part of that gift and Is treated as an addltSon to the same fund as the initial donatK)n unless the donor or the terms of the appeal have specified otherw18e. Volunt••r help The valu8 of any voluntary help received Is nol Induded In the accounts but18 de8crlbed In the trusl8es' annual report. Incom• from Int•r••( royaltl•s •nd dlvld•nds Th1818 Included In the accounts when rKolpt18 probable and the amount recelvable can be measured rellably. 2.2 Expandlturn Uablllty r•eognltlon Liabilities are recognised where it is mor8 likely than not that there is 818gal or con8tructive obligation commlttlng the charlty to pay out re80urc88 and the amount of the ob119ati￿ be measured wlth reasonable certainty. Crodltor• The ¢harlty has credltor8 whlch are measured at seluement amounts less any trade dlscounts. 2.3 Assets Tanglbh fixod assets for by charlty These are capltallsed Ir they can be used for more than one year, and ￿$t at least £500 They are valued at cosL The deFxeciation rates ar￿ rnthods used are disclosed in rK>te 8 15 Dabtorn Debtors (including trade debtors and loans receivable) are measured on Initial recognition at settlement amount after any trade dis(x)unts or amount advan(%d by the charity. Subsequently. Ihey are measured at th8 Totsl staff ¢o•ts 63.928 65,340 1.601 65,529 1.601 86.941 No staff contracts are and pald by a related paty alther thls year or last year. No employee recefved remuneratlon above £60.000. 6.2 Average hoad count In tho year Thls year Nurn￿r Last yoar Numb•r Tho parts of the charlty In whlch the omployees vffjrk LnaritaDI• Total 19 Nots 7 Grant maklng 'Thl8 year. 7.1 Ana￿1¥ of grants pald (InGludod In Gost of chartiablo actlvltl•8) P•ym•nts to Paymonts to Expon••8 In•tltutlo Indlvlduals paymonts Total 8enevolence 131 131 Dugmores. Malawl Grants Organksations 1,550 1,550 3.220 3,220 Homele88 Ministy 1.406 1,406 Indla Partnershl 300 300 Wineyard UK & Ireland 6,175 6.175 Total 9,245 1,550 1,537 12,782 Breakdown of payments to Grant Organlsatlon• Totsl pald £ Chrlstlans Together In Exetsr Crosslines 35 Evangelical Ajliance CHARIS 100 1,000 Exeter Foodbank Wycliffe Blble Translator3 for Wlsb8Vs The Gathering YMCA 150 650 Expenses for Roundabout Project 41 Total 3,220 20 7.3 Analysls of grnnts pald (Includod In cost of charftable aellvttlM) Grants to Grnnts to Exponses Instltutlon8 Indlvlduals mènts Anatysls Total Benevolence 258 258 Dugmores, Malawi 5,275 5.275 Grants Organlsations 2.024 2,204 Homeless Ministy 1,450 1,450 Indla Pather8hlp 600 Vlneyard UK & Ireland 6.145 6.145 Total 8,769 5,275 15.689 7A Brnakdown of paym•nts to Grnrt Orynl•atlon• Total amount of grnnts pald £ Evangellcal Alliance 100 Exeter Foodbank 360 Wydlffe Blble Translator3 for WlsbeV8 Expen8es for Roundabout Project Britlsh Red Cross 154 500 Other expenses 70 Tot•1 2.024 21 Nots 8 Tangible Flxed Assets 8.1 Cost or valuatlon Plan( machln•ry and rnotor vohlclo• Total At the beglnnlng of the year Addltlons 51,882 51,882 Revaluatlons D18posal8 Transfers ' At end of the year 51.882 51,882 82 D•preclaUon and Impalm￿nts At beginning of the year 49.632 49,632 Disposals Depreclation 562 562 Impalmient Transfers" At end of the year 50.194 50,194 8.3 Not IK*ok valu• Net book value at the beglnnlng of the year 2,250 2.250 Net book value at the end of the year Plant and Machinery Is depreciated at 25% per annum on a reducing balance basis. Nots 9 Debtors and Propaymonts 9.1 Anatysls ol d•btor• Thls yur La•t year Glft ald 2.195 1,778 Prnpaym•nts and accNod Incom• Oth•r d•btor• Total 3,095 2.424 Nots 10 Cash at bank and In hand Th1• y•ar La•t ￿ar Short t•mi ca•h Invutm•nts (l•M than 3 months maturlty dat•) Short t•mi d•po•lts Ca•h at bank and on hand 137,424 33,867 19,938 191.229 130,726 32,204 14,607 177,537 Total Nots 11 Crndltors and Accruals 11.1 Ana￿kn of cr•dttorn Amounts falllng du• wlthln on• y•ar Th1• yoar Last y•ar Trad• cr•dltor• 2,671 2.339 Ac¢Tual• and d•f•rr•d Incom• 850 800 Taxatlon and Sodal s•curtty 627 758 Total 4,148 3,897 N¢)ts 12 Falr Value of assots and Ilabllltl•s The charlty onty holds financlal assets and liabllities of Ihe kind that qualify as basic financial Instruments. These are Inlilally recogn58ed at transactlon value and subsequenty measured at S8ttlem8nt value. The charlty h8s mlnlmal exposure lo credlt rlsk 88 the charws only debtor18 HMRC re18tlng to glft aid. Th8 charity manages its exposur8 to liquidty risk by holdirw funds in short temi cash investrnents and d8posIts. The charlty manages Its exposure to market risk by using 8 fund categorlsed as short4erm I¢￿ votatillty net asset value money market furMI under the Money Market Fund Regulation. Th1$ Is Ihe same as last year. 23 Note 13 Charlty Funds 13.1 Thls year Fund balanc brougm Fund balanc carrl•d foThvard Purpo•• and R•strlctlon Galns and Fund nama• Incom• Expondltur• Transhrn Provlslon for purchas8 of church building 8uildlng Fund Restrlcted 129,604 7,819 137,423 Total Fund• as p•r balan￿ 8h••t 129.604 7,819 137.423 13.2 Last Year Fund lancos brought forward Fund balanc carrled forward Purpo•• and RMtrlctlon• Galn• and 10•808 Fund nam•s Exp•ndltur• Trnn•f•rn ProvisÉon for purcha8e of church building Bulldlng Fund Danlel And Suzy Dugmore (YWAM Restricted 125.237 4.367 129.604 Support for thelr work wlth YWAM from spedfic donation8 Africa) Restricted 4,375 (4.375) Total Funds a8 p•r balanc• 8hMt 125.237 8.742 4.375 129,604 The charfty also holds a d8Stgnated fund for the support of sabbaticals for church pastors. Monies are held in a separate bank account for thls purpose. As at the 31st December 2024 the balance on this account was £5.959.(2023 £5.222) 24 ui uesye se6je￿ w ON '8POfqo 8NBWBW SU w pol￿dB 8J9 81941 IPiN IUOyg Oill 01 Z66L PV SUIBg qqpo8JBI4 J JO UOqPXBI 9141 JO ￿Z9 JO 886 L WV 8gXBI 0141 JO SOS uonM uiw 6uiiiBJ $UIB6 pup eUK>WI UO w uw iduwxe 81 pJpAeuw 'AwBIP B 8V UOIIPXBI S& OWN JgoA Ouynp Aw8w ztrk'613 pffjeuop 8qy8d pffjwoj Pue 80ffj8nry IW UI ( £zoI) 9K3 IIBUIA YWBS Joj pgpwojd 08ie sem •)uwnsui uoll*wJd '(oiE3- ezoz) OLe3 Jo Awew suollnqw￿ uqsuod puB (*9S'8 I3- Ezol) ￿￿.8￿3 p AJBIp8 Sgojo p ￿Ed spm nBu￿ r a wgn4 JO OJIM 'IIBUIA UWBS su0￿?$u￿I Ay?d P•lPIO11 '8guwn9uI Awuuwi .8wsrw 98pnpui ￿uPJn$Ul .8W8n4 0111 'JBeA iw Jo trzoz J8qWW8a 6u!pu8 J￿￿ WBd se8u8thAO wsnq ou aj￿ gjo 'JBeA18W JO JBgA 8uunp AyBd p9p8uu￿ Jo Jo￿0 Au8 ffj w.gd Sgm uollwounwoj Jayyry ON ('8 IS3 - Ezoz) 99S3 8uoso) IpuiA ohBa Joi pgpthojd osp SBM ￿u￿jnsUl uowoJd 8woJuI "(£Zk' 13 - eioz) £II'13 Jo AwewJ wo4 su¢)unqwuog uoisugd PUB (£LS'8I EZOZ) £69.8 L3 P wllgunog pue iuoj Iwwsed 'lLO L'SU- £zoz) LO k'su Jo ssoJ6 8 p!Ed SEM IipuIA r a JpgA 6uyna "wnLP Aq ¥oBq peseei i pue Jw$Bd eLU Aq Pauh￿ S? Jwed JOJ UOry8POLUUKWB giLL 'Jol￿d iuejjn? s! lieu￿ u4or p￿90 JW JWBd B JO wouqu!oddB ¥.u￿9d uory8nossy Jo SOPW gu y•uo8 ? uoNEJeunwe¥ seffjsrui 80!yEd pffjeio¥ pup s8eisrui 411M SUOIPESUPJI OWN