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2024-04-30-accounts

The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

Annual Report & Financial Statements for the year ended 30th April 2024

Registered Charity 1071353 Company number 3541920

Trustees/Directors

D Flowers (Founding Trustee) M Byde (Chair)

J Grayson

T Steere

W Sims

G Togobo

J Hardy

S Ramdas-Harsia

Secretary

A Button

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Contents

Page 3 Reference and Administrative Details

page 4 Structure, Governance and Management

page 7 Objectives and Activities

page 11 Financial Review

page 12 Review of the year & Future Objectives, Plans and Targets

page 18 Independent Examiner’s Report

page 19 Statement of Financial Activities

page 20 Balance Sheet

page 22 Notes to the Accounts

page 30 Detailed Statement of Financial Activities

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Reference and administrative details

Legal Status Company limited by guarantee not having share capital Governing Instrument Articles of Association Secretary Mrs Anne Button Registered Office The Wharfedale Vineyard Vineyard House 11 Bennett Road Leeds LS6 3HN Registered Charity Number Registered in England No. 1071353 Company Registration Registered in England No. 3541920 Bankers Barclays Corporate Bank P O Box 493 Sir Frank Whittle Rd Derby BX3 2BB Independent Examiner Lourens Du Plessis Stewardship 1 Lamb’s Passage London EC1Y 8AB

Day to day management Day to day management of the charity is delegated to the Senior Pastor, the Company Secretary and the Staff team. Much of the work of the charity is supported or carried out by a group made up of paid staff and key volunteers.

Directors

The Directors who served during the year were as follows: Mr D S Flowers appointed 15 January 1998 Mr Jonathan Grayson appointed 12 February 2016 Mr Timothy Steere appointed 13 March 2017 Dr Michael Byde appointed 26 October 2018 Mrs Griselda Togobo appointed 12 October 2020 resigned 16 May 2023 Mr William Sims appointed 12 October 2020 Mrs Judy Hardy appointed 1 May 2022 Mr Simeon Ramdas-Harsia appointed 26 May 2023

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Report of the Directors

Structure, Governance and Management

Incorporation

The Company was incorporated on 7th April 1998 and commenced its operations immediately.

Company Directors / Board of Trustees

Trustees are recruited to the board based on the skills set that they possess and the portfolio requirements of the retiring trustees. The Chairperson aims to look at the 2- year period ahead when considering new trustees, retiring trustees and skills required in order to ensure stability of the board.

Prospective trustees are required to attend at least one trustees’ meeting as an observer. Thereafter the existing trustees vote on the appointment and if the invitation is accepted the new trustee is appointed. There is a handover period as roles are passed from outgoing trustees to incoming trustees during which responsibility for that area of the role may be shared. Prospective trustees have a one-to-one session with the Chair who explains the role and expectations and an induction with the Company Secretary to examine the governing documents, annual accounts and recent financial management information.

Trustees are encouraged to read charity news updates and attend training opportunities and seminars such as are provided by Stewardship, Vineyard Churches UK&I and other bodies.

Organisational Structure

Day to day management of the charity is delegated to the Senior Pastor of Leeds Vineyard, the Company Secretary and the Staff team. Much of the work of the charity is carried out by key volunteers.

The Wharfedale Vineyard has operated with several working names to reflect the nature and geography of activities. During the trading year the two main entities were Leeds Vineyard and Harrogate Vineyard. The latter made arrangements to establish its independence during this year. Until this was completed both churches operated under the aegis of Wharfedale Vineyard.

Leeds
Vineyard		 This church was started in 1998 (as the Wharfedale Vineyard). It was “planted”
out of SW London Vineyard.
Harrogate
Vineyard		 This church was “planted” out of Leeds Vineyard in January 2012 and set up as
an independent CIO in March 2023 under the charity number 1202231.The
Harrogate Vineyard Church CIO are filing their own accounts for the year
ending April 2024 as their activity moved to the new structure within the
year.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Relationships with other charities

Wharfedale Vineyard and its trading entities are affiliated to Vineyard Churches UK & Ireland (VCUK&I) Charity no: 1099748 . VCUK&I was formed with the purpose of joining together churches that hold common values and practices. It licenses and gives oversight to the Senior Pastors of Vineyard churches and facilitates church planting. It helps, serves and strengthens the churches by leading, training, resourcing, administering and providing pastoral support to senior pastors. The Wharfedale Vineyard uses the name ‘Vineyard’ under license from VCUK&I.

The Wharfedale Vineyard gives 5% of its income (i.e. 5% of the income allocated to Leeds and Harrogate) to support the work of VCUK&I. This is part of the license agreement with VCUK&I and is in harmony with the charity’s objectives.

Leeds Community Development (known as The Vine)

The Founding Trustee and Secretary of Wharfedale Vineyard (David Flowers & Anne Button) and their spouses, are members of Leeds Community Development: a charity which was established by Wharfedale Vineyard to host and resource major community development projects in Leeds on behalf of the church. In practice Leeds Community Development comes under the umbrella of the Wharfedale Vineyard charity, because no significant activity is currently undertaken within Leeds Community Development.

Risk Management Policies

Financial Plan and Reserves Policy: The trustees run an annual budget agreed before the financial year end and once a year consider a 3-year plan.

The charity has been through a period of significant financial challenge in the last 12-24 months and therefore reserves have been significantly depleted in this period. In February 2024 consultation took place to make 3 roles redundant within the charity. After the redundancy process was completed the financial outlook is much improved, although not without challenge. The trustees recognise this in the 3-year plan. The current outlook is demanding but the trustees have set a plan to slowly rebuild cash reserves.

The trustees would like to build up to holding 3 months of salaries and 6 months of mortgage repayments in cash reserves, which would be £46,892 in total. This figure is not forecast to be achieved in the next 3 years.

The income of the charity has been carefully scrutinised, with giving monitored on the monthly basis. The church is generous, with an average of 68 giving units, giving a monthly gift of £224. The trustees feel that this gives a reasonable level of security to the charity, with multiple income sources.

There is internal segregation of duties to provide additional checks of accuracy and propriety of income and expenditure.

Safeguarding: The Company has established a Safeguarding Policy under the auspices of thirty-one:eight. The policy covers Protection of Children and Vulnerable Adults. The policy is kept under regular review.

Risk Assessments: The Company prepares Risk Assessments for all major activities and events and keeps a risk register to record risk events.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Statement of Directors’ responsibilities

The Directors are responsible for the charity finances and for preparing Financial Statements which give a true and fair view of the state of affairs of the charity and of the results of the charity for that period. In preparing those Financial Statements the Directors are required to:

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the Financial Statements comply with the Companies Act 2006.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In planning the activities, the Directors have had regard to the guidance on public benefit issued by the Charity Commission.

Hallmarks

‘A well-run charity achieves high standards and attracts public confidence and support. The charity is able to show how its activities are able to support its charitable aims.' Charity Commission CC60.

The Charity demonstrated this hallmark by:

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Objectives and activities

Principal Objects & Activity

The principal objectives and activities of the charity are as set out in the memorandum and articles of association:

Vision statement

Love God, Love People, Love in Action

We believe God has called us to establish a growing, regional, biblically-based community of faith in Leeds. We will worship God, pray, communicate His love and mercy to all people and commit to living out our faith in Jesus in a creative and contemporary way, and in the power of the Holy Spirit.

We believe that there is good news for this generation in the Kingdom of God and we long to share that news – particularly in Leeds and the North.

We aim to make, train and equip followers of Jesus to be effective in the extending of God’s Kingdom, to develop leaders, to plant new churches, to contribute to the blessing of the whole church and to minister to the poor in practical ways.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Ongoing impact of Covid-19 & the Cost of Living Crisis

May 2021 Some key donors moved on and away as they reassessed priorities, moved
away. Whilst others have joined, giving to the church is slightly below where it
has been previously.
The pandemic significantly impacted on the ability to raise funds and start
work on Vineyard House – a building in Headingley, Leeds. Some potential
funding streams have been closed to applications.
Any building work will now cost significantly more than estimated previously
due to materials being harder to obtain and due to inflationary pressures
generally.
This is expected to have an impact on the charity’s reserves in the next few
years, although the trustees are committed to monitoring this and taking
action as necessary.
May 2022 Impact of cost of living increases meant that income was stretched and
expenditure has risen to uncertain levels.
May 2023 The church embarked on a STEPS giving campaign to raise funds to pay off the
mortgage on Vineyard House, to mitigate against the rising mortgage interest
rates.
The trustees were cautiously proceeding with smaller scale building works to
get the building into a state of being used more, generating more rental
income to cover ongoing costs.
The church has also been seeing growth, with attention being paid to our
visibility– bothgeographicallyand online.
May 2024 The STEPS campaign didn’t allow us to pay off the mortgage, and rising interest
rates meant that overall costs have increased (albeit less than they could have
without the overpayments)
Vineyard House is continuing to improve, however rental income has not yet
increased, as areas aren’t completely finished.
The Vineyard House insurance premiums have escalated significantly with the
building sum insured dramatically rising. This is due to increases in rebuilding
costs – the building is insured correctly now, whereas had been underinsured
just post-pandemic.
As foreseen, charity reserves have been seriously depleted, and the trustees
have had to take action with making 3 roles redundant in early 2024.
Church members are actively picking up volunteer roles to ministry areas
continue to thrive in spite of loss of staff time.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Strategy for discipleship

The charity seeks to provide an environment in which the members of the communities of faith are discipled in the Christian faith. This is achieved through the “small group” structure, Sunday meetings, outreach into our local communities and through the support of both staff and key leaders.

Pastoral Care

The pastoral staff are available when needed and all have experience and training in prayer, listening and coaching as well as practical service. However, pastoral care is provided primarily through small groups. These are small groups of 5-20 people meeting weekly in members’ homes and led by accredited volunteers. There is a robust system for identifying, training, equipping and supporting small group leaders.

Strategy for sharing the Christian faith

The charity seeks to share the Christian faith and achieves impact through the open and welcoming nature of its meetings, through the personal lives and testimonies of its regular attendees, small groups and Alpha courses. It also achieves impact through extensive service in the local community – known as Reach Out. We are also involved in a project called the Lantern – a space where adults with multiple and complex needs can find friendship, food and faith. We run The Lantern in partnership with Cornerstone Baptist Church.

Worship Services

During this financial year the church held weekly meetings at Headingley Methodist Church. The majority of these are also streamed online via YouTube. These worship services are designed to be welcoming and friendly for all ages and open to all.

Strategy for the alleviation of poverty

The charity invests significantly both financially and through paid and volunteer time in running a highly successful Child Contact Centre which is accredited by NACCC, and a Food Pantry in partnership with Your Local Pantry.

The charity aims to send volunteers on missions abroad, to places where there are opportunities to support church planting or relief agencies working with the poor or vulnerable. In this financial year no large trips have taken place (apart from David & Alison Flowers visiting missionary partners in Mexico), however the churches have continued to support the same projects and people remotely.

The charity also seeks to alleviate poverty and suffering through the day to day lives of its regular attendees. Some of the activities which emanate from their volunteer service are:

  1. giving food, drink and friendship to those in need;

  2. gardening, house decorating;

  3. Active commitment to local neighbourhood relationships – with other churches, politicians and service providers

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

  1. giving out bottles of water and chocolates at community events;

  2. developing support for other organisations in Leeds;

  3. encouraging good neighbourly relationships and involvement by its members;

  4. housing asylum seekers on an emergency basis;

  5. supporting and encouraging those fostering or considering fostering children;

  6. offering prayer for healing.

The charity also makes regular financial donations to suitable charities.

Volunteers

The trustees are grateful to the volunteers and leaders who have given their time during the year and without whose contribution the charity would not be able to function as effectively or fully as it does.

We conservatively estimated an average of 177 adults and young people who volunteer with us regularly. Whilst the majority of these volunteers are from the church, others are from the local community. This therefore gives a total for the year of 7470 volunteer hours which, at the national living wage of £11.44 per hour (from April 2024) equates to a value of at least £85,457. It is likely that this estimate understates the true contribution by volunteers, many of whom go above and beyond what is asked of them.

Area of involvement Number of volunteers Hours estimated Hours/yr
Leeds Vineyard Sunday
services		 93 2.5 hours per month 2790
Child Contact Centre 12 4 hours per month 576
Vineyard House Pantry 15 4 x 3 hours per week x 51 weeks
of the year		 612
LV Small group leaders 30 2 hours per week x 40 weeks of
the year		 2400
VH refresh team 15 8 hours per day x 4 days per year 480
The Lantern 12 4 x 3 hours per week x 51 weeks
of the year		 612
TOTAL 177 7470

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Financial Review

Comment on results for year

The year has seen a decrease in regular giving and associated gift aid recovery to the church with the launch of the Sheffield Vineyard CIO resulting in donations going to the new charity instead. The 23/24 year will see a similar pattern with the Harrogate Vineyard Church CIO becoming established.

Overall, income for the year remained very similar to the year before, due to a restricted giving campaign for Vineyard House (STEPS). This campaign in Leeds in early 2023 had the aim of paying off the mortgage. Whilst this vision wasn’t fully realised, a good amount of the mortgage was paid off which in the current climate of rising interest rates is a real positive and demonstrates that the church congregation is behind the vision for the community project.

Despite current challenges and following the redundancies, the charity remains a going concern and is optimistic for the future health of the finances with an encouraging increase in giving post year end. The trustees remain aware of the future costs of the Vineyard House project, and are working with the project team and consulting experts to ensure that the costs are understood and agreed before further commitments are made.

Financial position at end of year

The financial position, as at 30 April 2024, shows the company had no unrestricted cash reserves.

Source and application of funds

Wharfedale Vineyard is not just a group of individuals but a family of believers who are convinced of the intrinsic value of the church and its work in the local communities and who support this through sacrificial giving.

The Charity receives funds almost entirely by way of freewill giving by the regular attendees. Most of the giving is received by monthly standing order and, where appropriate, tax is reclaimed through Gift Aid.

The funds are used to fulfil the charitable objectives and are applied mainly in the following areas (see strategies above and Notes to the accounts 2 and 3): -

  1. Teaching and worship

  2. Pastoral work

  3. Discipleship

  4. Reach Out activities

  5. Church planting

  6. Giving to other charities

Investment policy and borrowing

The Wharfedale Vineyard holds its reserves in bank balances. It is not the policy of the trustees

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

to hold more funds than are required to meet the Reserves Policy, except when there is a particular spending objective in mind in the near future.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

REVIEW OF THE 2023-2024 PERIOD and FUTURE OBJECTIVES, PLANS & TARGETS FOR 2024-2025

This section is broken down into three elements: Wharfedale Vineyard, Leeds Vineyard and Harrogate Vineyard.

WHARFEDALE VINEYARD

In 2023-24 both Sheffield Vineyard and Harrogate Vineyard Church became fully independent from Wharfedale Vineyard with their own trustees, board structures and financial independence. The departures of these two churches and their designated reserves has had a significant impact on the overall reserves held by the charity. The Chair and Company Secretary continued to work closely to ensure that new trustees are identified and invited to join the board to maintain a breadth of experience and to support the ongoing growth of Vineyard House as a project.

From May 2024, Leeds Vineyard will constitute 100% of the finances and operations of Wharfedale Vineyard. Until such time as new entities emerge the finances and governance of Wharfedale Vineyard will be deemed to come under Leeds Vineyard.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

LEEDS VINEYARD

Our Mission for 2023-2024 was to:

1. Continue to disciple those who call the church their home and to grow the church through sharing the good news of the gospel in both preaching, evangelism and action;

2. Increase the efficient and profitable use of Vineyard House;

3. Prepare the church for transition to new leadership in the next few years;

4. Create a financial surplus in order to prepare for transition;

5. Develop a governance culture which protects against any abuse of power, spiritual, mental or physical.

In response to their Sabbatical in 2022 David & Alison introduced ten ministry goals which help define and focus our Kingdom vision:

Ministry Goals:

1. Reaching out for revival – personally, church, community;

2. Profuse prayer – personal and together;

3. Passionate preaching of the scriptures;

4. Fruitfulness in evangelism - the conversion of Headingley, training in sharing our faith;

5. Sensitive discipling through gender and sexuality issues;

6. A diverse church welcoming diversity (racial, disability, financial, age);

7. Pursuing social justice (CCC, Lantern, Food Pantry, green team, modern slavery);

8. Evidential change in our neighbourhood;

9. Radical creativity in art & ministry;

10. A fun family that fills the church.

Much of our mission was achieved and we made progress in many of the ministry goals. However, in order to maintain a stable financial position and to re-balance our ministry toward volunteer engagement, the company made three employment positions redundant toward the end of the year. This was a very difficult time for the church community.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

2023 – 2024 review Our Main Planning Goals:
1. To increase the surplus in finances in preparation for transition;
This was not achieved although steps have been taken to ensure a balanced
budget in the future (see above).
2. To invite applications for the post(s) of Senior Pastor to follow on from David &
Alison Flowers;
The job vacancy was publicised in January 2024 and four viable applications
were received. A final decision had not yet been made by the year end.
3. To increase the evangelistic effectiveness of the people of the church as measured by
bringing people into faith in Jesus Christ leading to baptism;
We saw no significant increase in evangelistic fruit.
4. To run regular Alpha courses;
This was not achieved.
5. To continue to engage with discrimination issues such as racism, sexism and
disability and seek to diversify the leadership and influencers within the church;
This has become a permanent and increasingly fruitful part of our ministry and
work with increasing diversity evident in our attendance and leadership.
6. To become great neighbours in the Headingley business and residential community;
We continue to invest in this goal and are increasingly approached for
engagement with various projects in the neighbourhood (for example, Friends
of Beckett Park Summer Picnic).
7. To establish the Pantry as a regular outreach to those in financial difficulty in our
neighbourhood;
This is being done most successfully with 40 members currently signed up.
8. To continue to support the Child Contact Centre;
This continues successfully with an ongoing waiting list.
9. To seek funding for repair of Vineyard House and re-launch of the restoration
project;
This has progressed well at a small level with increased engagement in the
property and many improvements made. The major funding application has
not yet been submitted.
10. To continue to seek funding for launch of counselling services and other community
projects;
This has been paused whilst other projects are considered and funding is
sought.
11. To keep income higher than spending;
This has been achieved with difficulty.
12. To support the Morley group and see it flourish more and more independently;
This stays under ongoing monitoring and review.
13. To continue to support missionaries abroad – and develop a new partnership with a
family in Ghana;
This continues fruitfully. David & Alison Flowers visited missionaries in Mexico
and report that they are being highly effective in ministry.
14. To provide financial and people support to DTI (annual youth festival);
This has been ongoing with many volunteers serving and youth attending.
15. To provide resource support for Ashburnham (bi-annual church conference);
This was a successful event in August 2023.
16. To engage fully with Run 4 All races in Headingley 12 May 2024;
The Vineyard team fully engaged with the Run for All organisers who also
attended a Sunday Gathering to promote the event.
17. To release leaders to plant new churches or sites for the Vineyard.
Training and discerning potential for this is ongoing but with none identified
duringtheyear.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

Our Main Planning Goals: 1. To ensure a balanced budget in the coming year which also begins to rebuild reserves. 2. To obtain funding for the transitional costs of new Senior Pastors. 3. To identify and appoint Senior Pastors designate; 4. To increase the evangelistic effectiveness of the people of the church as measured by bringing people into faith in Jesus Christ leading to baptism; 5. To run regular Alpha courses; 6. To continue to engage with discrimination issues such as racism, sexism and disability and seek to diversify the leadership and influencers within the church; 7. To become great neighbours in the Headingley business and residential community; 8. To continue to support the Pantry and Child Contact Centre; 9. To conclude on a sustainable future for the Lantern; 10. To launch a partnership with “Restored” as a “Beacon” church. 11. To seek funding for repair of Vineyard House and re-launch of the restoration project; 12. To continue to seek funding for launch of counselling services and other community projects; 13. To conclude on a sustainable future for the Morley group; 14. To continue to support missionaries abroad – and develop the new partnership with a family in Ghana; 15. To engage fully with Run 4 All races in Headingley 12 May 2024 and prepare for 2025; 16. To release leaders to plant new churches or sites for the Vineyard.

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The Wharfedale Vineyard Christian Fellowship For the year ending 30 April 2024

HARROGATE VINEYARD

Our main objectives for 2023/24 were to:

  1. To gain independence by moving all activity to our new CIO structure.

  2. We will double the number of people serving on the Vineyard Kids team, to match the increase in numbers of children & young people – with the view to multiplying the groups.

  3. Provide training to Vineyard Kids leaders on additional needs support

  4. Develop the preaching team, adding new people & providing resources & mentoring

  5. In order to support the projected increase in congregation we will return to regular weekly services at St Aidan’s

  6. To ensure community cohesion we will introduce a regular bring & share lunch after the service.

  7. We will invest in our growing multicultural small group based at Harrogate Hospital – including training opportunities & attending Cause To Live For conference.

  8. We plan to upgrade our website & social media to facilitate greater engagement with the community & newcomers.

  9. We are seeking to create new pastoral assistant roles internally from existing leaders

  10. Now the Youth Worship night is established, we aim to increase the number of nonchurchgoing young people who are invited & become regulars – with opportunities to respond to evangelistic messages.

  11. We will increase our weekly small groups, including a Vineyard Leadership Essentials small group to focus on training our leaders, and affinity groups (breadmaking etc)

By the end of July 2024 all of the activity had moved to the new CIO structure and therefore the new CIO trustees picked up monitoring of these goals rather than the Wharfedale Vineyard doing so.

These plans now can be found within the annual report submitted by the Harrogate Vineyard CIO Charity reg. 1202231.

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the Directors and signed on their behalf by:

Michael Byde Michael Byde (Dec 18, 2024 11:25 GMT)

Mr Michael Byde Trustee/Director

Date Dec 18, 2024

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INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2024 on pages 19 to 30 following, which have been prepared on the basis of the accounting policies set out on pages 22 to 23.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited 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 under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) 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 I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Lourens du Plessis

Lourens du Plessis (Dec 18, 2024 11:27 GMT)

Lourens du Plessis ACA CA(SA)

Member of The Institute of Chartered Accountants in England and Wales Stewardship 1 Lamb's Passage London EC1Y 8AB

Date:

Dec 18, 2024

18

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 APRIL 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities
6
Total expenditure
Net income/(expenditure)
Transfers between funds
15
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
15		 Unrestricted
Funds
£
222,127
23,096
-
245,223
335,473
335,473
(90,250)
3,209
(87,041)
444,010
356,968		 Restricted
Funds
£
70,157
20,810
-
90,967
76,416
76,416
14,552
(3,209)
11,343
16,397
27,740		 Total
Funds
2024
£
292,284
43,906
-
336,190
411,889
411,889
(75,699)
-
(75,699)
460,407
384,708		 Restated
Total
Funds
2023
£
446,320
37,188
8
483,516
481,005
481,005
2,511
-
2,511
457,896
460,407

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 22-30 form part of these accounts.

19

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

BALANCE SHEET

AS AT 30 APRIL 2024

Note
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
10
CREDITORS: Amounts falling
due within one year
11
Net current assets / (liabilities)
Total assets less current liabilities
CREDITORS: Amounts falling due
12
after more than one year
TOTAL NET ASSETS
FUND BALANCES
15
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 Unrestricted
Funds
£
547,890
547,890
18,616
(14,232)
4,384
(16,240)
(11,856)
536,034
(179,066)
356,968
6,884
350,084
356,968
-
356,968		 Restricted
Funds
£
-
-
-
27,740
27,740
-
27,740
27,740
-
27,740
-
-
-
27,740
27,740		 Total
Funds
2024
£
547,890
547,890
18,616
13,508
32,124
(16,240)
15,884
563,774
(179,066)
384,708
6,884
350,084
356,968
27,740
384,708		 Total
Funds
2023
£
567,690
567,690
22,742
80,805
103,547
(20,463)
83,084
650,774
(190,367)
460,407
88,987
355,023
444,010
16,397
460,407

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

20

The financial statements were approved by the Board of Directors and were signed on its behalf by:

Michael Byde Michael Byde (Dec 18, 2024 11:25 GMT)

--------------------------------------Dr Michael Byde Dec 18, 2024 Date: _______ Company number: 3541920 Charity number: 1071353

The notes on page 22-30 form part of these accounts.

21

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

1 Statutory Information

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from renting out the church building.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

22

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

e) Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £1,000 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Stocks

Stocks of goods purchased for re-sale are stated at the lower of cost and net realisable value. Stocks of donated items held for distribution to beneficiaries are measured at fair value; stocks of goods donated for the charity's own use are valued at an estimate of their value to the charity.

g) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

h) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

i) Financial instruments

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

j) Critical accounting estimates and areas of judgement

The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3 Donations and legacies

Donations and legacies
Donations of cash and similar
Donations in kind
Income tax recoverable
Income from charitable activities
Other income from activities
Children in Need grant
Food Pantry grant
VCUK&I Northern Area Income
Investment income
Bank interest		 2024
£
246,424
281
45,579
292,284
2024
£
19,156
10,000
11,750
3,000
43,906
2024
£
-
-		 2023
£
382,556
-
63,764
446,320
2023
£
23,938
10,500
-
2,750
37,188
2023
£
8
8

4 Income from charitable activities

23

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

6 Charitable expenditure

a
Costs incurred directly on specific activities
Teaching and Worship
Pastoral Activity
Conferences and Events
Youth & Children Activities
Vineyard House Pantry
Donations in Kind expensed
Grant payment to Sheffield Vineyard
Grant payment to Harrogate Vineyard
Other Grants payable (note 6c)
b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Salaries
Accommodation
Depreciation
Mortgage Interest Payments
General Fees and Advice
Other Expenditure
Total expenditure		 2024
£
33,853
145,186
5,956
1,986
7,255
281
3,000
30,665
228,182
21,542
249,724
3,840
3,840
82,434
10,216
19,800
13,812
11,972
20,091
162,165
411,889		 2023
£
45,229
157,087
11,609
1,885
-
-
46,000
-
261,810
46,785
308,595
2,646
2,646
92,334
8,711
19,441
9,067
12,428
27,783
172,410
481,005

The fee payable to the independent examiner for preparing and examining the accounts was £3,840 (2023 [independent examination only]: £2,646); in addition the charity paid £1,360 (2023: £1,880) to Stewardship for payroll bureau and consultancy services.

Some of the prior year expenditure has been restated for analytical purposes. This has no impact on the financial statements.

c Other grants payable

Grants to support mission activity
Vineyard UK
Reach Out Programme
Grants for the relief of poverty
Grants for education and youth development
The comparatives for the previous year are as follows:
Grants to support mission activity
Vineyard UK
Reach Out Programme
Grants for the relief of poverty
Grants for education and youth development		 Institutions
£
10,968
10,574
-
-
21,542
Institutions
£
13,081
11,308
6,825
10,000
41,214		 Individuals
£
-
-
-
-
-
Individuals
£
-
5,571
-
-
5,571		 2024
£
10,968
10,574
-
-
21,542
2023
£
13,081
16,879
6,825
10,000
46,785

The Wharfedale Vineyard Christian Fellowship provides regular funding to Vineyard Churches UK and Ireland ("VCUK&I"), calculated as 5% of all gifted unrestricted income. This arrangement constitues a constructive obligation such that any funds assessed as owed to VCUK&I will be accounted for as a liability on a monthly basis.

24

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

The charity's principal grants to institutions comprised:

The charity's principal grants to institutions comprised:
Stewardship (for Mungarro)
Cornerstone Baptist Church
Your Local Pantry
Kintsugi Hope
Wellspring
DTI
Vineyard UK
Grants to institutions for less than £1,000 each
7
Gross wages and salaries
Social security
Pension costs
Redudancy payments
Analysis of staff costs, the cost of key management personnel and trustee remuneration		 2024
£
1,800
-
600
-
-
-
10,968
8,174
21,542
2024
£
198,433
9,066
5,711
7,727
220,937		 2023
£
1,800
1,000
2,000
3,421
3,421
10,000
13,081
6,491
41,214
2023
£
218,765
11,623
6,411
-
236,799

The average monthly number of employees during the year was 10 (2023: 13). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Company Information page. Total employment benefits payable to key management for the year were as follows:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
D Flowers
32,716
-
981
Key management connected to trustees:
A Flowers (Senior Pastor and spouse to D Flowers)
9,836
-
295
Other members of key management
15,191
-
456		 2024
£
33,697
10,131
15,647
59,475

The following amounts were payable in the previous year:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
D Flowers
32,716
-
981
Key management connected to trustees:
A Flowers (Senior Pastor and spouse to D Flowers)
9,836
-
295
Other members of key management
48,708
-
1,423		 2023
£
33,697
-
10,131
-
50,131
93,959

25

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

D Flowers served as church leader and received the above payment for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.

Payroll costs included redundancy and termination payments totalling £7,727 (2023: £0) and comprise statutory payments and exgratia payments where this was considered appropriate. Redundancy and termination payments are charged when the liability or obligation arises.

D Flowers is also one of the directors at Flowers McEwan, through whom the pension scheme and key person insurance is arranged. The firm were appointed by the Board of Trustees as they were thought to represent good value for money.

8 Tangible fixed assets

Computer
Equipment
£
Cost
At 1 May 2023
1,679
Additions
Disposals
(1,679)
At 30 April 2024
-
Accumulated depreciation
At 1 May 2023
1,679
Charge for the year
-
Eliminated on disposal
(1,679)
At 30 April 2024
-
Net book value
At 30 April 2024
-
At 30 April 2023
-
9
Debtors
Falling due within one year:
Tax recoverable
Other debtors
Prepayments and accrued income
10
Cash at Bank and in Hand
Cash at bank with immediate access
11
Creditors: liabilities falling due within one year
Barclays Credit Card
Other creditors
Accruals
Stewardship building loan - see note below
12
Creditors: amounts falling due after more than one year
Stewardship building loan - see note below
Loans from members		 PA Equipment
& Musical
Instruments
£
23,770
(1,300)
22,470
14,278
3,559
(1,300)
16,537
5,933
9,492		 Land and
buildings
£
625,000
-
625,000
69,010
15,625
-
84,635
540,365
555,990		 Fixtures,
fittings and
equipment
£
2,465
-
2,465
257
616
-
873
1,592
2,208
2024
£
4,243
10,866
3,507
18,616
2024
£
13,508
13,508
2024
£
-
934
4,090
11,216
16,240
2024
£
169,065
10,000
179,065		 Total
2024
£
652,914
-
(2,979)
649,935
85,224
19,800
(2,979)
102,045
547,890
567,690
2023
£
13,896
7,336
1,510
22,742
2023
£
80,805
80,805
2023
£
783
1,027
8,053
10,600
20,463
2023
£
180,367
10,000
190,367

26

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

13 Loans and finance leases

The Stewardship building loan is secured on Vineyard House. Interest is payable at a variable rate, which at the balance sheet date was 7.75%. The loan is being repaid in monthly instalments over 15 years.

The repayments are as follows:


was 7.75%. The loan is being repaid in monthly instalments over 15 years.
The repayments are as follows:
Repayable:
Within one year
Between one and five years
After five years		 By
instalments
11,216
54,625
114,440
180,281		 2024
2023
£
£
11,216
10,600
54,625
53,974
114,440
126,393
180,281
190,967
Charity loans
190,967

14 Pension commitments

During the year employer’s pension contributions totalling £5,711 (2023: £6,436) were payable to defined contribution personal pension schemes.

15 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Building Fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Vineyard House
Vineyard House Food Pantry
Children In Need
Leeds Community Fund
Aggregate of funds		 Opening
balance
2024
£
355,023
355,023
88,987
444,010
-
7,248
5,940
3,209
16,397
460,407		 Incoming
resources
2024
£
-
-
245,223
245,223
68,316
12,631
10,020
-
90,967
336,190		 Outgoing
resources
2024
£
-
-
(335,473)
(335,473)
(57,502)
(8,772)
(10,142)
-
(76,416)
(411,889)		 Transfers
in the year
2024
£
(4,939)
(4,939)
8,148
3,209
-
-
-
(3,209)
(3,209)
-		 Gains and
losses
2024
£
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2024
£
350,084
350,084
6,884
356,968
10,814
11,107
5,819
-
27,740
384,708

The transfers referred to above were made for the following reasons:

a) to account for the change in the net book value of the building due to depreciation and repayments of the charity loan

b) to account for Leeds Community Fund expenditure that had been paid from the general unrestricted fund in the prior year.

27

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

ysis of net assets by fund
assets and liabilities of the various funds were as follows:
Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year		 General
Designated
funds
funds
£
£
7,525
540,365
18,616
-
(14,232)
-
(5,025)
(11,215)
-
(179,066)
6,884
350,084
Unrestricted Funds		 Restricted
funds
£
-
-
27,740
-
-
27,740		 2024
£
547,890
18,616
13,508
(16,240)
(179,066)
General
funds
£
7,525
18,616
(14,232)
(5,025)
-
6,884
384,707

In the previous year the movements in the charity's funds were as follows:

Designated Funds
Building Fund
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Vineyard House
Vineyard House Food Pantry
Children In Need
Leeds Community Fund
Aggregate of funds		 Opening
balance
2023
£
307,428
307,428
129,904
437,332
-
-
9,938
10,626
20,564
457,896		 Incoming
resources
2023
£
-
-
346,091
346,091
119,443
7,482
10,500
-
137,425
483,516		 Outgoing
resources
2023
£
-
-
(395,652)
(395,652)
(60,740)
(2,698)
(14,498)
(7,417)
(85,352)
(481,004)		 Transfers
in the year
2023
£
47,595
47,595
8,644
56,239
(58,703)
2,464
-
-
(56,239)
-		 Gains and
losses
2023
£
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2023
£
355,023
355,023
88,987
444,010
-
7,248
5,940
3,209
16,397
460,407

28

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2024

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Debtors
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year		 General
Designated
funds
funds
£
£
11,700
555,990
22,742
-
64,408
-
(9,863)
(10,600)
-
(190,367)
88,987
355,023
Unrestricted Funds		 Restricted
funds
£
-
-
16,397
-
-
16,397		 2023
£
567,690
22,742
80,805
(20,463)
(190,367)
General
funds
£
11,700
22,742
64,408
(9,863)
-
88,987
460,407

16 Transactions with related parties

During the year the charity: a) received donations totalling £42,161 (2023: £73,073) from related parties (which includes trustees, any other members of key management and anyone closely connected to them).

29

THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 30 APRIL 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income and endowments
EXPENDITURE ON:
Charitable activities:
6
Total Expenditure
Net income/(expenditure)
Transfers between funds
15
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
15		 General
Designated
2024
2024
£
£
222,127
-
23,096
-
-
-
245,223
-
335,473
-
335,473
-
(90,250)
-
8,148
(4,939)
(82,102)
(4,939)
88,987
355,023
6,884
350,084
Unrestricted funds		 Restricted
2024
£
70,157
20,810
-
90,967
76,416
76,416
14,552
(3,209)
11,343
16,397
27,739		 Total
2024
£
292,284
43,906
-
336,190
411,889
411,889
(75,699)
-
(75,699)
460,407
384,708		 General
Designated
2023
2023
£
£
342,785
-
3,298
-
8
346,091
-
395,652
395,652
-
(49,561)
-
8,644
47,595
(40,917)
47,595
129,904
307,428
88,987
355,023
Unrestricted funds		 Restricted
2023
£
103,535
33,890
137,425
85,353
85,353
52,072
(56,239)
(4,167)
20,564
16,397		 Total
2023
£
446,320
37,188
8
483,516
481,005
481,005
2,511
(0)
2,511
457,896
460,407

30