Registered number: 03188754 Charity number: 1056661 BIRMINGHAM VINEYARD (A company limited by guarantee) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
BIRMINGHAM VINEYARD IA company limited by guarantee) CONTENTS Page Reference and administrative details of the company, its Trustees and advisers Trustees, report Independent examiner's report Slalemenl of financial activities 2-12 13 14 Balance sheet 15 statement of cash flows 16 Notes lo the financial slalemenls 17-35
BIRMINGHAM VINEYARD (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees Revd E A McNeil l D Rogers M R Mcmaster D R Miles (resigned 15 December 20231 C A R Ramdas-Harsia M T Gowen (appointed 17 February 2023) C R Chadwell {appoinled 28 July 2023) P Gatling (appointed 20 October 2023) B McAree (appointed 19 January 2024) Company registered number 03188754 Charity registered number 1056661 Registered office Network House 174- 178 Barford Street Digbelh Birmingham B5 7EP Company se¢retsry A D Gatling E E Harris Independent Examiner Crowe U.K. LLP Chartered Accountants Black Couniry House Rounds Green Road Oldbury Wesl Midlands B69 2DG Bankers The Co-operalive Bank Skelmersdale WN8 6GH Solicitors Gowling WLG Two Snowhill Birmingham B4 6WR Page 1
BIRMINGHAM VINEYARD IA company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report together with the financial slatemenls of the company for the year 1 January 2023 10 31 December 2023. The Annual Report serves the purposes of both a trustees, report and a directors, report under company law. The trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 {Slrategic Report and Directors, Report) Regulations 2013 has been omitted. Structure Governance & Management Governing Document The organisalion is a charitable company limited by guarantee, incorporated on 19th April 1996 and registered as a charity on 9th December 1992. The company was established under a Memorandum of Association which eslablished the objectives and powers of the charitable company and is governed under ils Articles of Association. In the event of the company being wound up trustees are required lo conlribute an amount not exceeding £10 per Iruslee. Recruitment & Appointment of Management Committee The directors of the company are also charity Iruslees for the purposes of charity law and under the company's articles are known as the company members. Since company members are also appointed as directors the board ensures that when admilling new company members it lakes into accounl the contribution lo the skills mix and balance of the board as a whole. A review of the composilion of Ihe Iruslees was undertaken in 2019 and it was decided lo expand composition in the following years. Trustees are recruited by word of mouth and by direct approach to people who possess the necessary and complimentary skills to support the values and objectives of Ihe charily. Trustee Induction & Training In 2023 the trustee induction and training process was reviewed and deemed appropriate. The process covers Ihe following.. a brief history of the organisalion and ils plans for development., a summary of the legal responsibililies for directors and Iruslees,. statements of the current financial position with reference to the last 12 months and projections for the following 12 months, future plans and objectives. the decision-making process., the organisalion's relationship with Vineyard Churches UK and Ireland. Three new Irustees joined the board in 2023, and anlicipaling that there would be one or two Iruslees stepping down in the coming year, recruitment of new Iruslees has maintained a priority. Organisational Structure Birmingham Vineyard is supported by the Board of Trustees who are responsible for policy decisions, and who regularly interact with Ihe Senior Pastor and Executive Pastor. The Senior Pastor and Executive Pastor meet and consult with the Pastoral Team and Adminislralion Teams throughout the year, lo encourage besi practice within the management team and activities of the organisation. Decision Making The Senior Pastor and Pastoral Team are responsible for all mallers relaled to the spiritual guidance and leadership of the church and the Iruslees have specific responsibility for employment, policy making and major Page 2
BIRMINGHAM VINEYARD IA Company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 financial decisions and commitments. The charity employs Iwo senior pastors, an executive pastor, a pastoral staff leam, executive assislanls, an administrative assistanl. a production coordinator, and a logistics and media coordinator. Risk Management The truslees and staff have conducted a review of the major risks lo which the charity is exposed. A risk register has been eslablished and is updated al least annually. Where appropriate, systems or procedures have been established lo mitigate the risks faced by the charity. Procedures are in place lo ensure compliance with health and safely of staff, volunteers and visitors in accordance with all of the activities Ihe charily is engaged in. These procedures are reviewed annually to ensure that they continue lo meet the needs of the charity. Ongoing staff training, health and safety inspections and fire risk assessments happen periodically. All our systems were reviewed where necessary. Affiliations The charity is affiliated to the Association ol Vineyard Churches UK and Ireland. This is an association of over 120 Churches in the UK. The registered office for VCUKI is.. Vineyard Churches UK and Ireland Unil 8 K3 Business Park 200 Clough Road Hull HU51SN Charity No. 1099748 Company No. 4839046 The Association provides spiritual advice, support and training for the pastors of the church but it has no legal or structural authority over the organisalion. Membership of the Association of Vineyard Churches UK and Ireland has no impact on the charity's operating policies or plans for development. Objectives and activities TO demonslrale primarily (bul not exclusively) in the city of Birmingham and the surrounding area the truth. effectiveness and aulhenlicily of the Gospel of Jesus Christ by.. The furtherance of religious or secular public education. The advancement of the Christian faith including missionary activities in the United Kingdom and overseas and also including but not limited lo the planting of new churches and siles. The relief of the poor, needy. sick and elderly. Such other charilable objecls and for the benefit of such other charitable bodies and institutions as the trustees shall in their absolute discrelion see fit. Charity aims and difference it seeks to make Birmingham Vineyard is commilled lo demonstrating what it means lo follow Jesus Christ through practically serving the spiritual, physical and emotional needs of people in its local communities, the City of Birmingham and surrounding areas, specifically in line with Ihe objectives and activities of the organisation. Through this investment it aims lo be a catalysl for positive change within the City of Birmingham and surrounding areas. Page 3
BIRMINGHAM VINEYARD (A company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Charity objectives for the coming year The development of Sunday services and associated ministries. The development of existing sites and small groups. To plant a new small group each month, and a new site within the year. The support and training of the staff team. The expansion, development, and training of the volunleer workforce. To support church members in their personal and spiritual development. Continued positive engagement with the communities il serves. The support and development of other charities, churches, areas, and regions. Development of existing international partnerships. To increase diversity among volunteer teams. To work toward strengthening the community and relationships of church members across the four services, through the planning of The Big Weekend, a church-wide weekend away. to be held off sile in 2024. Strategy and activities that contribute to achieving objectives Regular meetings between Ihe Senior Pastors and Sile Pastors, to provide vision and training for shaping Sunday Seices. strategic planning of sermon series, and preaching training events lo equip preachers. Recruitment and training of volunteers for the following Sunday teams.. hospitality, worship, media, kids. and youth. Regular oversight for small group leaders and cluster leaders with a staff member. Mentoring and training for those feeling called to plant new small groups and siles, through personal relationships with staff, and facilitated training programs. The staff teams will attend a wide variety of training events and conferences, and have access lo mentoring, coaching, and spiritual direction. A wide variety of training events for volunteers, alongside oversight and relationships with staff members. Developing courses and facililaling events that conlribule lo personal and spiritual development of members and the wider communily. Appointing key volunteers lo oversee specific areas of our compassion ministries. Appointment of a full time Assistant Pastor to oversee Youth and give more attention to the Young Adults ministry. Providing the use of the church offices for other charities, organisalions, and national VCUKI teams and events. Development of international partnerships through financial giving and visits from a member of the congregation. Modification lo recruilmenl strategy and training processes lo build diverse volunteer teams, especially seeking for those in visible leadership to accurately reflect the diversity of the church congregation. Page 4
BIRMINGHAM VINEYARD IA Company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Public Benefit The Trustees confirm that they complied with the duly in Section 17 of the Charilies Acl 2011 to have due regard to the public benefit guidance published by the Commission in determining Ihe aclivilies undertaken by the charity. The Charity Commission in its "Charities and Public Benefit Guidance states that there are Iwo key principles to be met in order lo show that an organisalion's aims are for the public benefit.. firstly, there must benefit and secondly, that the benefit must be to the public or a section of the public. The Trustees are satisfied that the objectives and activities listed above meet these principles. The public benefit that the charity is providing is by providing to the City of Birmingham Ibul not exclusively) the truth, effectiveness and authenticity of the Gospel of Jesus Chrisl. Achievements and Performance 2023 Upon reviewing the changes made lo programs during the Covid lockdown, programs were offered fully online, some wilh a hybrid of in person and online offerings, and Ihen some resuming fully in person. As programs resumed they were re-evaluated to serve the currenl needs of the church and community. Some changed significantly and new ones were created. In our three existing services, high quality Sunday services were maintained with an increase in attendance in the lalter half of the year. In April our fourth sile, East sile, officially launched, with weekly Sunday meetings. This was in addition lo the community events and small groups that were already happening. Sundays Sunday services have been offered both online and in-peison consistently. Al the end of September we ceased offering the live chat option for the Sunday morning service, but the service was still available to watch live. Across the year. we saw an average of fifty people (2022-1201 engage with our service livestreams on YouTube wilhin seven days of Ihem being filmed and made public. We continue to see growth members of Ihe Hong Kong communily within Birmingham Vineyard. Families continue to be welcomed into Sunday services and are forming positive friendships with the wider congregation. We have seen the integration of those from the Hong Kong community onlo Sunday teams, with representation on the Kids, Hospitality, and Worship Teams, along with the Cantonese Translation team. Our diversily as congregalions and a leadership community has increased. This is a direct result of considerable effort and a clear plan to forge strong relationships with those from various cultural backgrounds Youth Our Youth Pastor moved on from the role in May, and it was a priorily that the youth ministry remain a consistent place for young people to connect while we wailed for a permanent appointment lo be made. This was ensured by employing Iwo members of the Youth Team on a part-time, short term basis. A permanent appointment was made in Sepiember. A mix of events and services have been run throughout the year lo help our youth in their personal development and growth in Christian faith. Over Ihe summer of 2023, the youth team hosted four12022'. five) events for the youth lo engage with over theii school holidays. Page 5
BIRMINGHAM VINEYARD (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 During school terms, young people have met regularly on Friday nights for their social events and consistent youth provision is now presenl in Ihree of our four Sunday services. Thirty-two youth attended Dreaming the Impossible (DTI), VCUKI'S nalional youth gathering of over 3,000 allendanls from across the UK and Ireland. Additionally, thirteen youth leaders and Iwenly volunteers from the church accompanied the youth from the church. Volunteers from Birmingham Vineyard were also involved in Ihe running of DTI, on a broader scale. Young Adults and Students The Young Adulls ministry, for those from ages 18-30, continued to meet consistently. Nine {2022'. lenl monthly evenls were hosted, ranging from socials, lo prayer and worship events. to topical learning (for example, finances). The Young Adults Retreat, organised internally by the Young Adults team. took place in February Fifly-five in attendance {2022.' fifly). In October The Youngs Adults team hosled The Big Welcome, an event to specifically welcome new students to the city and church, with fifty-one in attendance. Twenty (2022.. thirty) young adults allended Cause to Live For, VCUKI'S national young adults conference. Kids and Families After a previous year of focusing on rebuilding the Sunday volunteer teams, the Kids and Families ministry was able lo turn attention lo producing quality events, while maintaining strong Sunday programs. There was a Family Party Afternoon al the end of the summer, attended by church attendees and families thal connect with the Slay and Play ministry. Around eighty children attended. Easl Site hosted their first Bright Party in October, with eighty children and adults in attendance. Sixty-one children and adults (2022.. eighty-eight) attended a Light Party al City Cenlre Site in November. The Kids and Families ministry continued to focus on supporting parents and caregivers. The Kids, Team ran a 'Parenling Babies & Toddlers, course, for parents and caregivers, using the external resource, Parenling for Faith. Four families participated. They also promoted five topical training events for parents which were run by Parenling for Failh. In the autumn, provision of Kids programming relumed lo the City Centre evening service. There had not been Kids, programming in the evening service since before Covid. Four children regularly attended, with numbers steadily increasing. Previously part of our Compassion ministries, Slay and Play is now run as part of our Kids and Families ministry. stay and Play provides a free. weekly event which includes playing, crafts, singing, and a snack. The programme's slralegy of creating an environment where parents were encouraged lo actively participate with the aclivilies alongside Iheir children. while still allowing time lo get to know each other, has been successful. The weekly event saw an aveiage Ihirteen 12022.'nine), the majority of whom are not members of the church, and learned of Slay and Play through the GrowBaby programme or other external resources. Srnall groups Small groups have continued lo meet consistently. The majority of groups meet in person, with some online groups being available. There were an average of Ihirty-lwo small groups throughoul the year. Fourteen {2022'. ten) brand new groups were planted, wilh seven (2022.. two) closing and two (2022.. two) passing leadership to new people. Two (2022.. two) training events were held for new small group leaders. Cluster leaders oversee the small group leaders. They are responsible for supporting small group leaders by being Ihe first point of contact when difficult pastoral or relational needs arise within their groups, and offering Page 6
BIRMINGHAM VINEYARD (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 guidance around mulliplicalion. They also check-in wilh the small group leaders to make sure they are being cared for and supported. The cluster leaders receive support through a termly catch up wilh a staff member and are encouraged lo have someone else they meet with regularly for discipleship and support. There were 17 cluster leaders, supporting the small group leaders Alpha We ran two Alpha courses in 2023. One was al Ihe newly planted East sile. The second was an open invitation, run cenlrally and was altended by an average of twenly-five people each week. Twenty-four of those people continued lo engage with the church. Prayer Initiatives The charity organised one 12022.. two} Week of Prayer, which provided focused. daily conlent for personal prayer, along with Zoom meetings for led prayers in a group selling. In January, the charity participated in VCUKI'S prayer initiative 21 Days of Fasting and Prayer, along with olher churches in the Vineyard movement. The charity facilitated two communal devolionals, one for Lent and one for Advent. Encounter Nights Pastoral staff continued to facilitate monthly galherings called Encounter Nights, which focus on worship and intercessory prayer. An average of Iwenly people attend these gatherings. Sozo is an established prayer ministry that assists people in personal growth. Sixly-two {2022.' fifty-four) individuals had appointments this year, with sevenly-three appointments taking place. Support and Training of Leaders Pasloral staff engaged in ongoing theological training, and spiritual direction and coaching are utilised for professional and personal development. Members of the pastoral staff altended two (2022: two) external Learning Community events, specifically for the staff of large churches, as well as a Learning Community hosted by VCUKI. There were strategic and relalional team days for the pastoral staff, as well as the collective staff team. The staff team allended VCUKI'S national conference in April 2023, with eighteen staff in attendance. Staff also received training in Safeguarding, the DBS process, and first aid. Those leading in different ministry areas within the church receive regular training from their overseers and sometimes external souroes as well. This includes Kids leam, Youth team, Sozo team, Worship team, Small Group and Cluster Leaders, and the preaching team. Three All Leaders Meetings were held throughout the year, gathering leaders from all ministry leaders to receive Iraining and support on specific topics. Twenty-nine participaled in VLE (Vineyard Leadership Essentials), a training programme produced by VCUKI for those leading in a church setting. Three (2022.. twenty-four) participated in Leadership Lab, an in-house programme Ihal identifies and equips emerging leaders, regardless of their area of influence. Worship leaders have attended two 12022.'fourl external training events, and two {2022=three) internal training events. Birmingham Vineyard also hosted in-service training for ils growing preaching team, with four {2022.'Iwo) Preachers, Training events Ihroughout the year. Members of the congregation who have qualifications and experience in theological Iraining have been brought in lo do this lo great success. An average of seventeen (2022.. fifteen) people attended Ihe events. Page 7
BIRMINGHAM VINEYARD IA company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The Expansion and Development of the Volunteer workforce There is always a need for additional volunteers, but as Sunday church attendance grew across all siles and services, along wilh Ihe planting of the East Sile, the need for more volunteers was clear. Notices and invitations were made during nolices on Sunday services lo encourage people to sign up to serve, but the majority of new volunteers signed up to teams through personal invitations from staff and ministry leaders. At the City Centre morning service there was a significant increase in Ihe number of Ihose from the Hong Kong community who were serving on Sunday teams, and cultural diversity amongst volunteer teams across the whole church is evident. Volunteers receive a variely of training opportunities and relational oversight, either from olher volunteer ministry leaders or staff. Since most of the ministry leaders are volunteers, the training opportunities discussed in the section above would apply here as well. Approximately 120 {2022.' 116) volunteers were recognised and celebrated at a Team Appreciation Party in September. Page 8
BIRMINGHAM VINEYARD IA company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Compassion Ministries TThe Foodbank Initiative This year the Foodbank was able lo give away 664 {2022'. 610) food bags with a rough total value of £5,644 {2022= £4,270). These were distributed lo individuals and families in need, through partner agencies. The range of bags offered meets the needs of the diverse group of people wilhin the communities the charity serves. The Chrislmas Hamper appeal provided hampers lo sixty-two (2022.. forty-eight) families in Birmingham. The hampers are valued al £25 (2022'.£501 each, with a total value of £1,500 (2022'.£2,400). In addition to items Ihal would regularly be found in a Foodbank bag, Ihe hampers included extra food, seasonal food items, Christmas crackers, and a personal card. These hampers were donated by people from within the church. local community groups, businesses and schools. The hampers were distributed to individuals and families in need through our partner agencies. Considering that not all families would want a traditional Christmas hamper, vouchers to supermarkets were also given. Seventeen (2022.. forty) vouchers were provided, valued at £20 {2022'.£201 each, so £340 (2022.. £800) An Easter Egg Drive collected 320 Easter eggs, which were then distributed to children through connections lo local schools, Birmingham Solihull Women's Aid, Safe Families, the charity's Stay and Play and Growbaby programs, connections with social worker's and drop-in clients al Harborne Baptist Church. GrowBaby GrowBaby slarled in 2016 and helps local families with relational connections and practical supplies for children 0-5 years of age, all for free. Clients are referred to Growbaby through agencies and social workers, as well as self-referral on our website and social media. In 2022, the East Site started a GrowBaby drop-in centre, expanding the GrowBaby ministry to two locations and increasing ils availability lo families. This year the City Centre GrowBaby ministry has helped sixly-seven families {2022= Iwo hundred). We have received over 177 (2022.. iwo hundred and fifty) donations which we estimate lo be over £2,986 (2022.'£925). The East Site GrowBaby has helped 150 families, and has received 338 donations valued at £6,500. Safe Families Safe Families is an external national organisation that supports children and families by connecting them with local individuals and families. There are currently eleven (2022'.eighl) volunteers from Birmingham Vineyard who work with the local chapter of Safe Families and they have collectively supported Iwenty (2022-60) children across len families through Safe Families projects and friendships in 2023. At Christmas the charity provided Ihe Safe Families volunteers wilh vouchers to care for their families in a special way, such as a special meal oul, Irip, or seasonal activity. Four vouchers were distributed valued at £50 each. Tuck In Tuesday Tuck In Tuesday started in December 2022 as a response to Ihe warm space initiative to combat the rising cost of living and fuel prices. It is a weekly warm space wilh a simple meal and craft activities provided for families in the Northfield area. 11 supports an average of fifteen families on a weekly basis. It costs £35 per week for food and craft supplies. City Paslors City Pastors is an external initiative Ihal Ihree members from the charity are involved in. The volunteers spend time in Ihe Birmingham city centre on Friday and Saturday evenings, offering support lo those participating in the nighl-lime economy. people who are homeless, and anyone needing care and assistance. They do this through practical ways such as offering directions, helping people gel rides home, and signposting people to other services thal are offered. Cily Pastors also provide a listening ear lo those who may want lo talk, and are always available to pray for those who are open lo City Pastors include volunteers from four local churches Page 9
BIRMINGHAM VINEYARD {A company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Joint initiatives with other churches The church's worship leader, working with a worship leader from anolher church, organised the worship sets for DTI. The collective worship band represented nine12022'. fourteen) different Vineyard churches. He helped in Ihe writing. recording and producing of a song ihal was created for DTI and involved other worship leaders and musicians from other churches across the country. The Sozo team partnered with a local church that is not part of VCUKI lo host a Sozo training event. The Development of other Churches in the Area l UK Senior Pastoral Slaff have led Iraining events, conducted speaking engagements and given individual leadership coaching for area leaders, paslors and churches in the region and nalionally. The Senior Pastors also serve on the national leadership team of Vineyard Churches UK and Ireland as Associate Nalional Directors. As part of this role, they support the National Directors, oversee Regional Leaders, oversee a VCUKI staff member and other key minisiry leaders. as well as the development of paslors and churches across the UK and Ireland. In the autumn, the charily's worship pastor was appointed to a national role within VCUKI as Director of Worship Training. In this role he will oversee the development of worship in Vineyard churches across the UK and Ireland. He has created regional structures of oversight and is developing multiple resources that will equip worship ministries in Vineyard churches. The Senior Pastors and a number of the Pastoral Team have spoken al a number of Vineyard Leadership College events. The Senior Pastors have led retreats for pastors in different areas of the UK and have spoken at VCUKI Senior Pastor zoom meelings. They have also visited and spoken at other churches in the UK, some Vineyard and some other movements. In addition to supporting the developmenl of other churches, the charity supported the work of other charities, both local and national, through the use of ils building. A local Christian Union chapter and local charity that supports survivors of modern slavery used the building for events. A national charity that supports fostering and adoption used the building multiple limes lo host in-person training days for their staff. The charity hosted VCUKI'S Growbaby conference in Ihe building, as well as a staff day for VCUKI staff. Development of the international partnerships The charily continues to support charities that work with the persecuted church and unreached people groups in many nations. Support in Malawi Ongoing financial support has been given to Dalilso Trust. In addition to the regular financial support that the charity provides, a one-off give of £500 was given. This was put toward purchasing bicycles for the Happy Faces program. A one-off gift of £2,500 was given lo Malingunde Vineyard for church planting, specifically training and equipping of pastors and team. Financial Review The Trustees are pleased with the financial performance of Birmingham Vineyard Church. Al a lime when many other charities struggled to keep a level of income that allowed them to continue services and programmes, the charity maintained more than adequate funds. Page 10
BIRMINGHAM VINEYARD IA company limited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Principal Funding Source The principal income source for Birmingh8m Vineyard Church is through personal donations from ils members. We did receive £16,500 grants, to specifically fund compassion related projects. Investment Policy The Iruslees have developed an investment policy that will operate in line with the charity's objectives. The investment policy delails the objectives, altitudes lo risk, guidelines and governance for Ihe charitls investments. Inveslmenl decisions are taken by the Board of Trustees or their appointed representatives and will set specific management processes for each investment as appropriate. Investment performance will be reviewed biannually. Reserves Policy The trustees have achieved savings equivalent to 3 months core budget running costs in reserves. This figure was sel at £157,500 {2022'. £135,000). The reserves policy is subject to an annual review. The charity's reserves at the year end are £1,002,598 (2022.. £980,671) of which £58,292 (2022.. £42,070) is restricted. The charily has free reserves, approximated as net assels less reslricled funds, less fixed assets allribulable lo unrestricted funds, plus creditors due in more Ihan one year attributable lo unrestricted funds, £250,955 {2022: £235,536) available for use in the next 12 months. Birmingham Vineyard plans to use Ihe excess funds to further our charitable objectives. Page11
BIRMINGHAM VINEYARD IA company limited by guarantee) TRUSTEES, REPORT (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 statement of Trustees. Responsibilities Company law requires the company members to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charilable company as al the balance sheel dale and of ils incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial stalemenls, the company members have endeavoured to follow best practice and.. select suitable accounting policies and Ihen apply them consistently; make judgments and estimates that are reasonable and prudent; prepare the financial slalemenls on the going concern basis unless il is inappropriate to assume that the company will continue on Ihal basis. The company members are responsible for maintaining proper accounting records which disclose with reasonable accuracy al any time the financial position of the charitable company and to enable them lo ensure that the financial statements comply with the Companies Act 2006. The company members are also responsible for safeguarding ihe assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance wilh the Statement of Recommended Practice.. Accounting and Reporling by Charities (issued in March 2005). Approved by order oflhe members of the board of trustees on I q nd signed on their behalf by.. Caplain Ramdas-Harsia (Trustee) Page 12
BIRMINGHAM VINEYARD IA company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Independent Examiner's Report to the Trustees of Birmingham Vineyard ('the company'l I report lo the charily trLsslees on my examination of the accounls of the company for the year ended 31 December 2023. Responsibilities and Basis of Report As Ihe trustees of the company (and its directors for the purposes of company law) you are responsible for (he preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself thal the accounts of the company are not required to be audited under Part 16 of the 2006 Acl and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 {'Ihe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(bl of the 2011 Act. Independent Examiner's Statement Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of ICAEW. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of Ihe company as required by section 386 of the 2006 Acl., or the accounts do not accord with those records-, or Ihe accounls do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounls give a 'true and fair, view which is not a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principles of the Slalemenl of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 10211. I have no concerns and have come across no other mallers in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. This report is made solely to the company's trustees, as a body, in accordance wilh Part 4 of the Charities {Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state lo the company's Iruslees those matters l am required lo slate lo them in an Independent examiner's report and for no other purpose. To the fullest extent permilled by law, I do not accept or assume responsibility lo anyone other than the company and the company's trustees as a body, for my work or for this report. Signed.. Helen Blundell Dated.. LLB FCA FCIE DChA Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midland5 B69 2DG Page 13
BIRMINGHAM VINEYARD IA company limSted by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Total funds 2022 Note Income from: Donalions and legacies Charilable activities Investments 673,712 5,688 9,925 2,061 95,222 768,934 5,688 9.925 2,061 661,585 3,350 8,405 1,318 Other income Total income 691,386 95,222 786,608 674,658 Expenditure on: Charitable activities 684,896 70,785 755,681 757,801 Total expenditure 684,896 70,785 755,681 757,801 Net in¢omellexpenditure) Transfers between funds 6,490 (785) 24,437 785 30,927 (83, 143) 17 Net movement in funds 5,705 25,222 30,927 (83,143) Reconciliation of funds: Total funds broughl fotward Net movement in funds 938,601 5,705 42,070 25,222 980,671 30,927 1,063,814 (83,143) Total funds carried forward 944,306 67,292 1,011,598 980,671 The Statement of Financial Aclivilies includes all gains and losses recognised in the year. The notes on pages 17 to 35 form part of these financial statements. Page 14
BIRMINGHAM VINEYARD IA company limited by guarantee) REGISTERED NUMBER: 03188754 BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Note Fixed assets Tangible assels Current assets 12 727,238 739,318 Debtors 13 38,265 340,846 35,072 296,637 Cash at bank and in hand 379,111 331, 709 Creditors.. amounts falling due within one year 14 160,864) (54, 104) Net current assets 318,247 277,605 Total assets less current liabilities 1,045,485 1,016,923 Creditors.. amounts falling due after more than one year 16 {33,887) (36,252) Total net assets 1,011,598 980,671 Charlty funds Restricted funds Unrestricted funds 17 67,292 944,306 42,070 938,601 17 Total funds 1.011,598 980,671 The company was entilled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to oblain an audit for the year in question in accordance with section 476 of Companies Act 2006. The trustees acknowledge their responsibilities for complying with Ihe requirements of the Act with respect to accounting records and preparation of financial slalements. The financial slalemenls have been prepared in accordance with the provisions applicable to enlilies subject lo the small companies regime. The financial statements were approved and aulhorised for issue by Ihe trustees and signed on their behalf by.. on Caplain Ramdas-Harsia Trustee Page 15
BIRMINGHAM VINEYARD (A company ITmited by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Note Cash flows from operating activities Net cash used in operaling activities 20 59,715 (54,633) Cash flows from investing activities Purchase of tangible fixed assets {10,934) (25,117) Net cash used in investing activities 110,934) {25,117) Cash flows from financing activities Repayments of borrowing (4,572) (21,473) Net cash used in financing activities (4,572) {21,473) Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 44,209 1101,2231 397, 860 296,637 Cash and cash equivalents at the end of the year 21 340,846 296,637 The notes on pages 17 10 35 form part of these financial statements Page 16
BIRMINGHAM VINEYARD {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Company status The company is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited 10 £10 per member of the company. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with Ihe Charities SORP (FRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffeclive 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Birmingham Vineyard meets the definition of a public benefit entily under FRS 102. Assets and liabilities are initially recognised al historical cosl or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Going concern The company has cash resources and has no requirement for external funding. The trustees have a reasonable expectation that the company has adequate resources lo continue in operalional existence for the foreseeable future. They continue lo believe the going concern basis of accounting appropriate in preparing the annual financial slatements. 2.3 Fund accounting General funds are unrestricted funds which are available for use al the discretion of the Irustees in furtherance of the general objectives of Ihe company and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific reslriclions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel out in the notes to the financial slalements. Page 17
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies {continuedl 2.4 In¢ome All income is recognised once the company has entitlement lo the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes bul not expended during the period is shown in the relevant funds on the Balance sheel. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entillemenl occurs before income is received, the income is accrued. Gifts in kind donaled for distribution are included at valualion and recognised as income when they are distributed lo the projects. Gifts donaled for resale are included as income when they are sold. Income lax recoverable in relation to investment income is recognised at the time the investment income is receivable. 2.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit to a Ihird party, il is probable thal a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The cosls of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each aclivily. Direct costs attributable to a single activily are allocated directly to Ihal activity. Shared costs which contribute to more than one activily and support cosls which are not allributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the assel's use. Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project managemenl expenses. Expenditure on charitab5e activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs. Granls payable are charged in the year when Ihe offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions allaching are fulfilled. Granls offered subject lo conditions which have not been met al the year end are noted as a commitment. but not accrued as expenditure. 2.6 Tangible fixed assets and depreciation Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed assel into ils intended working Condition should be included in the measurement of cosl. Page 18
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 AccountTng policies (continued} 2.6 Tangible fixed assets and depreciation {continuedl Depreciation is charged so as to allocale the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straighl-line method. Depreciation is provided on the following bases.. Freehold buildings Long-term leasehold property Motor vehicles Fixtures and filtings Freehold land 2 % slraighl line Over the term of Ihe lease 25 1 straight line 25 1 straight line Not depreciated 2.7 Interest receivable Interest on funds held on deposit is included when receivable and the amounl can be measured reliably by the company: this is normally upon notification of the inlerest paid or payable by the Bank. 2.8 Financial instruments Debtors Short term debtors are measured at transaction price, less any impairment. Creditors Short term creditors are measured al transaction price. Cash Cash is represented by cash in hand and deposits with financial institulions repayable without penally on nolice of not more than 24 hours. There are no complex financial inslrumenls. 2.9 Operating leases Rentals paid under operating leases are charged to the Statement of financial activilies on a straight- line basis over the lease term. 2.10 Pensions The company operates a defined Gonlribution pension scheme and the pension charge represents the amounts payable by the company lo the fund in respect of the year. 2.11 Role of volunteers The chariiy relies on the efforts of its volunteers who contributed approximately 12,800 hours (2022.. 12,666 hours) during the year. The value of the volunteers is not incorporated within the accounts. Page 19
BIRMINGHAM VINEYARD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Critical accounting estimates and areas of judgment Eslimales and judgments are continually evalualed and are based on historical experience and other factors, including expectations of future evenls that are believed lo be reasonable under the circumstances. Critical accounting estimates and assumplions.. i) Valualion for freehold and leasehold properties (see note 12) Income from donations and lega¢ie5 Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Total funds 2022 Donations Gifts in kind Grants Gift aid donations 561,400 17,995 579,395 473,719 7,695 81,704 98,467 77.227 77,227 112,312 112,312 673,712 95,222 768,934 661,585 Total 2022 573,236 88,349 661,585 Income from charitable activities Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Total funds 2022 Events income 5,688 5,688 3,350 Total 2022 2,281 1,069 3,350 Page 20
BIRMINGHAM VINEYARD {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Investment income Unrestricted funds 2023 Total funds 2023 Tolal fuiids 2022 Lettings 9,925 9,925 8,405 Tolal 2022 8,405 8, 405 Donations payable Donations to Institutions 2023 Total funds 2023 Tolal funds 2022 Donations lo institutions 59,946 59.946 62, 760 Total 2022 62, 760 62,760 During the year donations were made lo 16 (2022 - 15) instilulions. The company has made the following material grants to institutions during the year.. 2023 2022 Name of institution Vineyard Church UK The Dalilso Trust Other organisalions 30,504 10,440 19,002 38, 733 9,440 14,587 59,946 62, 760 59,946 62, 760 Page 21
BIRMINGHAM VINEYARD {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expenditure by activities Activities undertaken directly 2023 Grant funding of activities 2023 Support costs Total funds 2023 Total funds 2022 2023 Operaling the Church 443,924 59,946 251,811 755,681 757,801 Tolal 2022 409, 162 62, 760 285,879 757,801 Analysis of direct costs Total funds 2023 Total funds 2022 Activities 2023 Slaff costs Community care and outreach University of Birmingham Sunday setvice Youth work 338,089 63,747 17,985 24,103 338,089 63,747 17,985 24,103 2g7,962 73,451 18,637 19,112 443,924 443,924 409, 162 Total 2022 409,162 409, 162 Page 22
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expenditure by activities Icontlnuedl Analysis of support costs Total funds 2023 Total funds 2022 Activities 2023 Staff costs Depreciation Property costs Office costs Motor and travel Training and conference Repairs and maintenance Sundry expense Legal and professional Bookkeeping costs Independant examination fee Interest payable 55,933 23,013 49,934 33,342 1,157 9,346 16,310 1,142 3,173 54,437 3,978 46 55,933 23,013 49,934 33,342 1,157 9,346 16,310 1,142 3,173 54,437 3,978 46 84,451 23,937 50,3g1 26, 406 4, 759 10,263 30,104 3,413 1,668 46,595 3, 786 106 251,811 251,81 q 285,879 Total 2022 285,879 285,879 Independent examiner's remuneration 2023 2022 Fees payable lo the company's independent examiner for the independent examination of the company's annual accounts 3,978 3,786 Page 23
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FSNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 10. Stsff costs 2023 2022 Wages and salaries Social security Gosts Contribution to defined conlribulion pension schemes 350,317 23,793 19,912 337, 753 24,414 20,246 394,022 382,413 The average number of persons employed by the company during the year was as follows.. 2023 No. 2022 Full lime Part lime 10 16 18 No employee received remuneration amounting to more Ihan £60,000 in either year. The key management personnel of the charity consisted of the trustees, the Pastors and the Execulive Pastor. The total remuneration paid lo Ihe key management personnel was £41,467 {2021- £110,355). The key management personnel of the charily consisted of the truslees, the Pastors and the Executive Pastor. The total remuneration paid to the key management personnel was £121,439 {2022 - £114,392). 11. Trustees. remuneration and expenses During the year 1 Iruslee, Revd E A McNeil, received remuneration. See note 25 for further details. During the year ended 31 December 2023, expenses totalling £1,936 were reimbursed or paid directly to 4 Irustees for ministry expenses and sundry costs. Page 24
BIRMINGHAM VINEYARD {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 12. Tangible fixed assets Long-term leasehold property Freehold property Motor Fixtures and vehicles fittings Total Cost or valuation At 1 January 2023 Additions 648,175 122,000 7,860 92,164 10,934 870,199 10,934 Al 31 December 2023 648,175 122,000 7,860 103,098 881,133 Depreciation Al 1 January 2023 Charge for the year 56,367 10,824 5,856 976 7,860 60,798 11,214 130,881 23,014 At 31 December 2023 67,191 6,832 7,860 72,012 153,895 Net book value At 31 December 2023 580,984 115,168 31,086 727,238 At 31 December 2022 591,808 116,144 31,366 739,378 Included in land and buildings is freehold land al valuation of £107,000 {2022 - £107, 000) which is not depreciated. The freehold land and buildings and long leasehold property were valued on 28 March 2017 by Samuel Boot MRICS of Pennycuick Collins Chartered Surveyors. The two properties were valued separately and on a combined basis. The combined valuation has been adopted and apportioned belween the Iwo components on the basis Ihat one would not be disposed of without the other. If they had not been included at valuation, Ihey would have been included under the historic cost convention as follows.. Freehold land and buildings £684.727 (2022.. £684,727) and accumulated depreciation of £159,614 (2022: £151,170). Long term leasehold property £131,37612022: 131,376) and accumulated deprecialion of £9,108 {2022- £8,057). Page 25
BIRMINGHAM VINEYARD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 13. Debtors 2023 2022 Due within one year Trade debtors Other debtors Prepayments and accrued income Tax recoverable 149 830 2,295 26,959 8,862 2, 554 5, 885 25,803 38,265 35,072 14. Creditors: Amounts falling due within one year 2023 2022 Bank loans 4,572 11,104 7,698 23,144 14,346 6,7T8 5,669 5,682 23,496 12,47g Trade creditors Other taxation and social security Other creditors Accruals and deferred income 60,864 54,104 The bank loans are secured on the land and buildings and the long term leasehold property and represents 90A (2022 - go) of the value of the security. The loan carries interest 3.950h per annum. Page 26
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 15. Accruals and deferred income 2023 2022 Resources deferred during the year 3,869 Deferred income at 31 December 2023 3,869 Deferred income of £3,869 consisls of income related lo events taking place in 2024 Page 27
BIRMINGHAM VINEYARD {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 16. Creditors: Amounts falling due after more than one year 2023 2022 Bank loans 33,887 36, 252 Included within the above are amounts falling due as follows.. 2023 2022 Between one and two years Bank loans 4,572 6,778 Between two and five years Bank loans 29,315 2g,474 The bank loans are secured on the land and buildings and the long term leasehold property and represents 9 /. (2022 - 9 /) of the value of the security. The loan carries interest 3.95 1 per annum. Page 28
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 17. Statement of funds statement of funds - current year Balance at 31 December 2023 Balance at 1 January 2023 Transfers inlout Income Expenditure Unrestricted funds General Funds - all funds 938,601 691,386 1684,896) 17851 944,306 Restricted funds City Paslors Food Bank Sozo VCUKI salary grants VCUKI Hub VCUKI expenses DTI A Grealer Welcome Compassion Marriage Course Ukranian Appeal Big Church Weekend (523) 523 765 12801 168,741) 485 14,716 6.818 77,227 23,202 6,818 1601 60 9,009 992 9,009 992 10,495 17,230 {979) 26,746 40 40 (202) 202 42,070 95,222 (70,7851 785 67,292 Total of funds 980,671 786,608 {755,681) 1,011,598 Page 29
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 17. Statement of funds (continued) Statement of funds - prior year Balance al 31 December 2022 Balance al 1 January 2022 Tr8nsf8rs inloul Income Expenditure Unrestricted funds General Funds - all funds 1,032,260 577,545 (667, 658) (3,546) 938,601 Restricted funds Cily Pastors Food Bank Sozo VCUKI salary grants VCUKI Hub VCUKI expenses DTI A Greater Welcome Compassion Marriage Course Ukranian Appeal Big Church Weekend 40 123 230 (1,075) (371) (748) (67, 983) (2,320) (1,583) (242) g75 248 518 4, 795 5,338 560 77, 904 3,800 14,716 6,818 1,023 8,223 1,028 992 9, 009 992 10,495 12,638 5,210 51 (7,353) (833) 782 40 40 31,554 89,418 (82,448) 3,546 42,070 Total of funds 1,063,814 666,963 (750,106) 980,671 Page 30
BIRMINGHAM VINEYARD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Restricted Funds City Pastors Funds donaled to support the Cily Paslor initiative which involves volunleers from local churches working logelher with the Broad Street and Southside districts of Birmingham lo ensure everyone who visits the city on a Friday or Saturday night encounters a safe, vibrant environment. Food Bank Donations to be used for running the Church's food bank. Sozo Donations restricted for use on the Sozo prayer ministry projects. VCUKI Staff Costs Grant funding provided by VCUKI lo cover the payroll costs of Birmingham Vineyard slaff members duties for Ihe wider VCUKI network. VCUKI Regional Grant funding provided by VCUKI to cover the Pastor's expenses while Expenses performing VCUKI Regional work. VCUKI Hub Grant funding provided by VCUKI towards the Hub Project which provides training videos and other material to be used across the wider VCUKI network. DTI Funds restricted for the purpose of putting on a youth event al the Slaffordshire County Showground in 2020. A Greater Welcome Fund reslricled for greater accessibility lo property. Compassion Funds used for the Food Bank and Grow Baby ministries. as well as seasonal initiatives. Ukrainian Appeal Funds donated from reserves for crisis support during the Ukrainian war. Big Church Weekend The Big Weekend is an event in 2024 which will bring together everyone from the various sites of Birmingham Vineyard for a weekend away in Wales. 51 is an opportunily for fun, connection & comunily with a mix of social and ministry time for all ages. There will be children & youth programmes as well as galhering time together as a whole church Transfers between funds represent the funding from unrestricted reserves of the City Pastors, Food Bank, VCUKI expenses and Marriage Course funds. Page 31
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 18. Summary of funds Summary of funds - current year Balance at 31 December 2023 Balance at 1 January 2023 Transfers inlout Income Expenditure General funds Restricted funds 938,601 42,070 691,386 95,222 1684,896} (70,7851 17851 785 944,306 67,292 980,671 786,608 {755,6811 1,011,598 Summary of funds - prior year Balance al 31 December 2022 Balance at 1 January 2022 Transfers in/oul Income Expenditure General funds Reslricled funds 1,032,260 31,554 577,545 89,418 (667,658) (82,448) (3, 546) 3,546 938, 601 42,070 1,063,814 666,963 (750, 106) 980,671 19. Analysis of net assets between funds Analysis of net assets be?een funds - current year Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Tangible fixed assels Current assets Creditors due within one year Credilors due in more than one year 727,238 311,819 160,8641 (33,8871 727,238 379,111 {60,8641 133,8871 67.292 Total 944,306 67,292 1,011,598 Page 32
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 19. Analysis of net assets between funds (continued) Analysis of net assets between funds - prior year Unresliict8rJ funds 2022 Restricted funds 2022 Total funds 2022 Tangible fixed assets Current assets Creditors due wilhin one year Creditors due in more than one year 739,318 289,639 (54, 104) (36,252) 739,318 331, 70g (54, 104) (36,252) 42,OTO Total 938,601 42,070 980,671 20. Reconciliatlon of net movement in funds to net cash flow from operating activities 2023 2022 Net incomelexpendilure for the year (as per Statement of Financial Activilies) 30,927 (83,143) Adjustments for: Depreciation charges Decrease in debtors Decrease in creditors 23,014 {3,1931 8,967 23,937 (20,212) 25,031 Net cash provided byl{used inl operating activities 59,715 (54,387) 21. Analysis of cash and cash equivalents 2023 2022 Cash in hand 340,846 296,637 Total cash and cash equivalents 340,846 296,637 Page 33
BIRMINGHAM VINEYARD {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 22. Analysis of Changes in net debt At1 January 2023 Cash flows Other non- cash changes At31 De¢ember 2023 Cash al bank and in hand Debl due within 1 year Debt due after 1 year 296,637 {6,778) (36,252) 44,209 4,571 340,846 14,5721 133,8871 {2,365} 2,365 253,607 48,780 302,387 Page 34
BIRMINGHAM VINEYARD IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 23. Pension commitments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension costs shown in note 10 represent the contributions payable by the charily to Ihese funds. 24. Operating lease commitments At 31 December 2023 the company had commitments lo make future minimum lease payments under non-cancellable operating leases as follows- 2023 Nol later than 1 year Later than 1 year and not laler than 5 years 4,270 11,706 15,976 25. Related party transactions During the year, Revd E A McNeil, a Irustee of the Charity received remuneration of £57.447 (2022.. £54,008) as well as employer pension contributions of £3,440 (2022.. £3,237). Revd E A McNeil also received reimbursements for phone costs in the year of £120 (2022.. £120). R M McNeil, wife of Revd E A McNeil, received remuneration of £46,053 (2022.. £43,175) as well as employer pension contributions of £2,72712022.' £2,573). R M McNeil also received reimbursements for phone costs in the year of £12012022.. £120). Revd E A McNeil and R M McNeil also received reimbursements for mileage, parking and other Iravel expenses of £3.011 (2022.. £3,539). Other Iruslee and related party reimbursements amounted to £55 12022.. £NIL) J Ramdas-Harsia, wife of C A R Ramdas-Harsia, received remuneralion of £11,856 {2022'. £5.5701 as well as employer pension contributions of £704 (2022.. £331). In aggregate total donations of £89,920 (2022= £39,338) were received from 12 trustees and immediate family (2022: 71. These figures do not include gift aid. Remunerated trustees are excluded from any discussions in relation to pay or other benefits that may be received by them or a family member. Truslees and connected parties are only remunerated in so far as il is permilled under the Memorandum and Articles of Association governing the charity. Olher Ihan already disclosed above there were no other related party transactions in either the currenl or previous financial years. Page 35