mailes Goldie IkRI F) AC CL)IIN 11j I S Charity Registration No. 1099748 Company Reglstratlon No. 04839046 (England and Wal08) Charlty R8glstration In Scotland SC041285 Vineyard Churches UK and Ireland Trustees, Report and Accounts For the year ended 31 December 2023 SD-0214127-1-6 J15Jl ICAEW CHARTERED ACCOUNfANTS Ihr Smoiles Goldie is o troding nome of Smalles Goldie Partnership.
Vineyard Churches UK and Ireland CONTENTS Trusto•s' rnport Indepondent audltor8' r•port 12-15 Statement of Flnanclal Actlvlti 16 8alance Sh•et 17 Stat•monl of Cuh Flow• 18 Nots• to th• flnanclal •tat•monts 19-30
Vineyard Churches UK and Ireland Trustees, Report For the year ended 31 December 2023 The Trustees submit herewith their Annual Report together with inspected financial slalements for the year ended 31 December 2023. The trustees have adopted the provisions of the Slalemenl of Recommended Practice {SORPI 'Accounting and Reporting by Charilies. in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document. the Charities Act 2011 and Accounting and Reporting by Charilies: Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Sndard applicable in the UK and RepubliL of Ireland published in October 2019. Whan planning the activllies for the year, the Truste8s have conslder&J the Chadly Commi88lon guidance on the public benefit, and, the specific 9uidancc on charilles for the adv8n¢&ment of religlon to provide public benefit. Obl•ctIv and Actlviti•s The prlmary object of the company 15 the advancement of Ihe Christian faith Induding mlssionary aclivitSes in the Uniled Kingdom and overseas and the planting of new churchos. From these five key objectives can be drawn.. To provide pastoral oversight, training and res(yJrcing lo the members and associate members of Vineyard Churches UK and Ireland Ihereafler'VCUKI l And In oversee the planting of new Vineyard congregations In the UK and Ireland and lo support inlornational missions. We believe that these lead lo the propagation of Christian bellefs, whlch bring hope and asOn to those in need, spread ethical values to society as a whole and conlribule to social action. Publlc bonollt When planning the activities for the year, the Trustees have considered the Charily CommissDn guidance on public benefit, and in particular, the specif guldance on charities for the adv8ncement of religlon lo provide public benefil. Surnmary of Oblectlvo8 The Company is established to.. Provide over8lght lo the senlor pastors of existing churches and facilitate the planting of new churches. Bring together GhuTthes who hdd common values and practices. Do all it can lo help people becom8 all that they can in Christ, by helping, serving and strengthening our churches. VCUKI believes this can only be achieved through the building and sustaining of strong relationships among the churche¥, based on love, openness and tfUSt. In meetlng our obJectlve8. w• adhoro to tho following princlpl•8: Exercising spiritual authority ané 8(xounlabilily - Affiliated Churches have chosen lo be part of the Vineyard family and, as such, carry its name. This relationship is one of Spiritual respect and submission. VCUKI is where churches have found a Igadership that they can trust and willingly want lo submit to. VCUKI provKles vision, encouragement, training, oversight, care, and, en necessary, correction. Self-governing legally Affiliated Churches manage thelr owrs affairs, are financially independent and employ th8ir own glaff and leadership teams. Our organisation's struciure is based around supporting and empowering our affiliated hurches and Licenseé Senior Pastors to extend the Kingdom of God in their cornmunits'es and beyond. iv) VCUKI provides vision, training, resources and guidance to Ihose on the front lines of Kingdom ministry in the UK and Ireland.
Vineyard Churches UK and Ireland Trustees. Report (contlnued) For the year ended 31 December 2023 ObJoGtivo5 and Actlvltlos (Con¢lnuedJ strat•gle8 for achlevlng objo¢tives: Church Hanling During the period of these accounts the number of Vineyard Churches stands al 120 (2022 121) wllh 28 (2022- 281 satdlile Ghurches. Coachlng The coaching program continue(I this year. the aim is for each new Church Planter and existing Senior Postor lo have a coach lo aid and a551sI them in the journey of planting or running Church. We have a number of certified coaches as well as a number of people who are on the training programme. This allows the true empowerment of leaders lo be 811 God has made them lo be, whilst also building 8 healthy, dynamic. lrffrglving church cultur8 and a healthy balance between being and doing, a vital challenge, as we look after our leaders. Events Far the furtherance of religious educallon of the wider Church. several national ev8nl8 were held Ihrcughout the year as follows {11 Vineyard National Gatherlng in April. The ev&nl was held In p&rson over hvo days, held twice al the beginning of the we8k and at the end of the week, lolal attendees over both events were 1,73512022 - 1,484). Toaching came from Jordan Seng, Chartes Montgomery, Ed SletZ8r, John ané Debby Wright and Eleanor Mumford. {21 National Worship Retreat, held in June for a time of conneclion, leachlng, ministry and worship 361 delegates attended the relreal12022 - 191 in England and 74 in Irelandl. 13) The Dreaming the Impossible youth foslival met for In person in August al the Slaffordshire Showground for 5 days, 3,212 young people and youth leaders gathered, with 8 furlh&r 632 people on teams lo make Ihe event run12022 2,419 young people and a further 371 on teams). The event for all who were Ihere was resounding suc¢ess. 14) The Cause to Live for confence held in November, alrned al the 1&30's for a Ilme of encouragement, envisioning and equipping for. the Gause of Jesus Christ. 942 allended induding leam12022 - 835). (51 During the first four months of the year Steve Nicholson, retlred senior pastor of the Evanston Vineyard led Several local events around the country called, 'Equip & Ignite,, training our churches in Kingdom ministry and the power of the Holy Splrlt, as well as four region-based conferences called 'Leaning In. Leaning out,. Iv) Resourcing VCUKI provides Licensed Senior Pastors and Affillated Churches free access lo the VSneyard Slack resource website. The Slack hosts a wde variety of in-deplh guidance and template éo¢ument8 to resource leaders and their Ghurthes in their mir)istries. Vineyard TralnSng 8nd Ministry Palhwdy (1) The Vineyard Ministry Pathway is a leadership developmonl strategy, designed to assist with leaders, jOLJrneys towards vocational ministry in the Vineyard. It aims lo help leaders from any context lo receive the training and ¥upport they need lo slep into their calling lo mlnlstry. 11 takes leaders of all ages and stage5 and prepares them for vocational ministry thmugh tailored training and equipping programmes. The pathway has multiple stage5, ranging from 2 modular leadership training course run through individual Vineyard churches in the UK and Ireland, called Vineyard Essentials,. to a year-long intensive parl-time Leadershlp Cc41ege programme for those aiming lo step into vocational ministry or
Vineyard Churches UK and Ireland Trustees, Report (continued) For the year ended 31 December 2023 Obi•Gtives and Activities fconunuedj church planting. FollovAng on from the huge success of the Leadership College in the first year, the College took on 71 new students for the academic year 2023124 (2022- 83) students spread over four campLises. (2) The Vineyard Training Plalform is a digital platfom used to provide training resource¥ lo the movement. Thls platfomi brings tog8lher Ihe best training in a variety of ministry areas that people can aesS whenever they need and c47 any device, A number of modules have been created to aid theological education in thè Vineyard, covering such topics a8.. An inlroduclion lo Theology, Hermeneutics, The Story of the Kingdom, The Penlaleuch, and much more. vll Areas The primary work of the movement is carried out though local churches, these are grouped together geographically into areas. typically with 10-12 Ghurches p8r area Different 8divities have been carried out in different areas, bul the maln activllles Include.. 11 } Relationship bullding - encouraging networking, co-operation, and encouragement amongst the church leaders wilhln the area, inveslSng Ilme in Senior Pastors and worship leaders and looking al potential church planters and church grh {21 Teaching ané Training facllitaled by Area Days, Leadership Essentials Course Cenlres based around the Tr)untry, trustee tralnlng and the Vlneyard'stack, resource website. 131 Pastoral Support - Area Leaders spend time 5UPPOrting Senior Pastors which includes assisting with difflcull local issues that arise and general menlorlng. vli) Regions Each region has a cluster of churches grouped together by area, The pastoral 811PPOrt and care for those churches is facilitated by an Area Leader, Coach, Spirllual Direclor. and Pastoral Mentors. These Area Leaders work together with Ihelr Regional Leader lo provide leadership. vision, and encouragement. Tho six Regional Leaders all report to Ihg Vlneyard National Leadership Team IVLT) which enables the natsonal strategy and it8 local implementation to b& diss8niinated quickly. vlli) Trademarks To protect the repulation of all Vineyard churches, VCUKI owns and conlrds several registered trademarks and devi¢e5 associated wlh the word 'VINEYARD' when used in Ihe provision of religious activities in the UK and Ireland. The marks are licensed lo those who have been authorised lo minster in the Vineyard name and the use of the marks is governed by the Charities by-laws. The trademarks and by-laws together form a fundamental part of our governan(* and ovwsighl slructures. ixl Ministry Networks 111 Church Planting (Vineyard Multiply)- continues lo be a high priority for the Vineyard Movement. Multiply Vineyard is aboul inspiring and equipping Kingdom people to launch Kingdom communities. Vineyard Multiply is led by James Rankine. (2) Youth N8lwork- We're passionate about seeing a generation of young people meet Jesus and feadessly follow hlm. Il's in Jesus that we find purpose, hope, freedom and a secure identity rooted in him. Then we Dream The Impossible. The Vineyard Churches Youth network is coordinated by the Dreaming The Impossible IOTII team Id by Susie Adridge. 131 Worship - Our mission is to train worship leaders, equip the church and to capture the songs that emerge from v4ilhin our movement. The Worship Ministry N81work is led by Jon Sdway.
Vineyard Churches UK and Ireland Trustees, Report (continued) For the year ended 31 December 2023 Objectives and Actlvltles (COnned) (4) International Mlsslons we eslimae that haw of the Vineyard Churches in the UK and Ireland are actively involved in supporting overseas mission. They support church planting efforts, ministry lo the poor and advancing social justice to thos6 around the wodd. This is led by Nick Sutton from Coventry Vineyard. Safeguarding VCUKI takes the safeguarding of children. young people, and adults very seriously. As a family of churches, we have a duty lo promote the welfare of children, young people, and adults. We believe that we should work together lo prevent abuse from occurring and that we should seek lo protect those that are al risk of being abused and respond well lo those that trave been abused. The welfare of children, young people and adults at risk Ss always paramount and should take precedence over all other considerations. VCUKI has a National Safeguarding Te8m. We have a dedicated national safeguarding team working in partnership with local Vineyard churches across all our locations lo help provide a safe envlronmenl in which chlldren and aéulls can devdop physic811y, intellectually, and spiritually. XS) VCUKI Grant glving policy and philosophy Often the prlmary work of the charbly is carried out thrgh some of our specrfic local churches. as they a comrnonly in direct contact with OLJr largel group. Additionally, they have exlsllng skills and resources on which we may'piggyback Thus, by giving them grants, to cover their marglnal costs for these tasks, we are able to futhl our objects in highly efficient and focu$$ed manner wilhoul having lo carry extra overhead. We make grants to Ihem in the (¥Jnlext of specific objectives and tasks which help us to achieve the charity s overall objectives, namely.. {11 Firstly, wllhin th8 UK and Ireland lo assist In pastoral oversight of individual churches by means of area and regional leaders. (2) Secondly, lo assist In the training and resourcing of member churches via means of theological Iraining and other leadership training. 13) Thirdly, lo as91st in the planting of new churches wthin Ihe UK and Ireland, 14) Fourthly, to asslsl in the development of Ihedogical knovledge within the UK and inlernalionally. (51 Fiflhly, lo assist the global Vineyard Movement to train and equip leaders to advance the Christlan faith throLJgh mlssions in the UK and overseas. It Is further understood that on the receipt and expenditure of the grants these churches will, annually. account for the expènditure as well as descrlbe the nature and delai15 of the aclivlties they have undeTlaken In helping us fulfll our objectives. xll) Plans for the Future The movement's focus contlnues to be.. (1) To enrol new studen13 onlo the Leadershlp College lo Start the new course in September. (2) Vineyard Theological Training- lo equip leaders and potential leaders in their gifting, focusing on three main afftas of leadership training.. spiritual fomation, handwn experience for ministry and biblical training. 13) To use the strategic reserves in devBloping and growing Vineyard Churches five priorllies in the UK see paragraph 2al3}. {4> Run a number of national events, including.. (a) Vineyard National Gathering in April 2024. {bl Soul Care senior Pastors retreat in June 2024. (c) Dreaming the Impossible Conference In August 2024. Id) Cause lo Live For Conference in November 2024.
Vineyard Churches UK and Ireland Trustees, Report (continued) For the year ended 31 December 2023 Objectives •nd Actlvltles (contlnu•d) {51 To develop new Minlslry Networks in support of the tharlly's objects. 2. Flnanclal Rovl•w Trustee$ believe that the internal financlal controls conform to guldellnes issued by the Charity Commission and the Fundralsing Regulator. The PTinclpal stream of income of the char+ty continues 10 conslst of ragular (xjntribulions from local Vineyard churches. These are supplemented by one-off gifts to Initiate new projects. During this period major gran18 weffj made lolalling £208,168 (2022- £209,906), a detailed breakdown 1$ Included in note 7 to the accounts. Total Incoming resources for the p&riod amounted lo £2,709,941 {2022 - £1.935.4201, all applied for general purp088s, except for th81 givp.n Al VAri(Jiig eonferences and rostrlcted lo that offering. Total re80urces expended for the p8riTrJ amounted lo £2,334,53912022 - £2,033,285). Leavlng reserves at the year-and of £1,244,416 {2022 £869,014). Reeerves pollcy In line with Charlty Commission guidance, the Trustees hav8 reviewed their 1cV on the unrestricted funds not wmmitted or invested in tangible fixed assets {the free reserves) and find the charity should have.. Operating Reserves equivalent lo 4 months of core expenditure in th8 current year. Ai present th8 free liquid reseNes are £421,562 whiGh represents 4.0 months of expenditure at 2022 levels. Deslgnaled Funds- Fixed Assets. this repre5en15 resources In the charlty's fixed a88els. The fvnd is therefore not readily available for other purposes. li51 Strategic Reserves are unrestricted funds over and above those needed for operating reserves and designated reserves to be used for strateglc developments as identifiÈd by the Trustees for the five key strategies of the movement., church health and growth. developing tomorrows leaders, worship. Klngdom impact and church planting. Each of these has been running for the pasl five years and il is assumed that these are now part of normal a¢llvities and are covered by income from affiliated Vineyard churches. However new initiatives may well come up and these will be paid for from Strategic Reserves. Investment pollcy In the current Investment cllmale, our policy has been lo hold reserves on deposlt al the highest rate of interest that can be earned safely and 81hically. The trustees, having considered the charity's reserves and bank balances in light of current global events, have a reasonable expectation that the charity has 8dequate resources lo continue in operational existence for a period of 12 months from the éale of approval of these financial slalements and therefore have prepared the financial statements on 3 going concern basis. 3. StruGture, Govemance and Management VCUKI is a company limited by the guarantee of its members and is also registered as a charlly in England and Wales (No 10997481 and in Scotland {No SC0412851. The Articles of Association (last amended on 25 February 20201 irf the charity act as ils governlng document. The key groups are shown below. In the case of the first two, their members are listj on page 9.
Vineyard Churches UK and Ireland Trustees, Report (continued) For the year ended 31 December 2023 3 Structure, Gov¢rn•n¢• and Management (continu8d) Trustees The Trustees, role is lo oversee the financial affairs of VCUKI, to consider and manage risk. and to ensure compliance with legislation and regulations. The Trustees also form the board of directors of the company, and they meet In person al least 3 limes per year wllh intervening Zoom calls. They are appointed by the board who regularly assess the skills and experllse required for the effective and efficient management of the charity and its assets. The group consults widely with experts about emerging issues affecting VCUKI. The Trustee5 have given due consideration to Charity CommissKn published guidance on the operations of the Publlc Benefit requirement. Th8 proce55 of selection and inéudion of Trustees.. Our Trustees would lyplcally be praclising Christians who are either church leaders or professiona15 of some standing and repute. Ideally, they would have become familiar with the workings and business of VCUKI through being a church pastor or voluntary leader wilhln a local Vineyard church. They would also be Checked lo see Ihal they are in good standing and are not disqualified from serving as a Iruslee according lo automatic disqualification rules under the Charities {Prolection and Social Inveslmenl) Act 2016. Being a charily with care and oversight for children, Iru51ees are also required to have an enhanced level crimin81 word certificate for a child workforce without a barring list ¢he¢k. Induction press- all new Direct¢Jrs l Trustees are Suppl with the followng.. 11) Recent fin8n¢lal accounts 12) Overview of the business 13) Articles and Memorandum of A880¢iation {4> Staff handbook., {51 Health and safely I risk assessments., (61 InduGllon and orientation covering the practical aspecls of the charity's oblectlves. The charlty provldes Trust88 and Dlreclor Insurance cover lo the amount of £1 million. Vlneyard Leadèrnhlp T•am The Vineyard Leadership Team (hereafter'VLT l is responsible for the day-txlay governance, leadershlp and strategy of VCUKI which they execute in conjunction with the Truslees. The VLT consists of 10 people. They meet physically al least four times per year and also have conference Calls 81 other Ilmes as needed. They focus particularly on the areas of church development and church pianling. Area Leaders The UK and Irdand are divided into 12 'Areas'. Area Leaders cc4)rdinate and support churches in their areas.. East Anglia, Essex and Kent, Ireland, Lon(Jon, Midland5, Northeast and Yorkshire, North West, Scouand. South Central, South Coasl, South West, West Country and Wales. Reglonal Leaders The VLT and Ihe Trustees have ClUsted the '*eas' together into six 'R8gions', as follows.. Iland, London & Southeast, Midlands and East, North, Scotland. South & Wales. Al Regions are overseon by a Regional Leader. The Areas and Regions help to facllitate dear lines of connection and communication beiween the local church and the VLT.
Vineyard Churches UK and Ireland Trustees. Report (continued) For the year ended 31 December 2023 Structure, Govemance and Managemont (continuodj Rlsk Managernont A form81 risk management prOCUre is followed lo assess business risks and Imement risk manageTn8nl strategies. Major strategic, operational and financi81 risks to which VCUKI may be exposed have been identified and prSoritised in lerrns of potenlial impact and likelihood of occurrence. Systems have been established to miligale those risks. The action plan is reviewed annually as required lu ensure ils validlly. As part of this proGe55, the Trustees have revi8w8d the risk lo the reputation and image of VCUKI, and a comprehen51ve proc&ss has been established to mitigate the risks we face in this area. The systems of Internal control are designed to provide reasonable, bul not absolute, a$$ur8nce against material misslalemenl or loss. They Includ8: An annual budget approved by the Trustees. Regular consideration by the Trustees of financial reports, Delegat of authority and segregation of duties. Idenlrficallon and management of risk8. v) Fundralsing Regulator- Viriayard Churches UK & Ireland Is r8gistcrod wth the Fundrai¥lng Regulator. We are commilled lo ensuring that our fundraising remains legal. open honest and respectful and VAII ablde by the Fundra5slng Code of PraclSce. VCUKI'S fundraising happens 98nerally twce a year at our National Leaders Gathering and Dreaming The Imposslble national youth conference, an aftnouncemenl is made from the front of stage, usually by senlor leadership representatives, detailing what VCUKI is fundraising for. This is generally for other charities vllh similar aims and ethos to Vineyard Churches UK & Ireland, however sometime8 the fundraising maybe used for internal projects. Other promotional means include details on the givlng page on the conferenco websites and in the event brochures. The donors can ellher donate by logging Into the Vineyard Churches UK Ireland giving page to pay by credlv debit card or make a dlrecl lo transfer lo the bank account. 88gkels ¥MII be sent round the audllorium for cheques and cash lo be donated, though this foms a very Small proportion of the lotsl given. No one is coerced into giving and it is a purdy fre8 choice of the indlvidual whether they wish lo donate. There were no compliance issues with a scheme or fundraising standard. There have been no complalnts concernin9 fundraising by Wneyard Churches UK & Ireland. The setting of pay and rernuneratn for key management personn81 Is arrived at by looking at equivalent roles in the local community such as the education sector and the charitable sector, a cosl of living rise is given based on the offi for National Slalistics average earnings repM)rt in December lo start from the followng financial year, the board approves the buégel for the year induding th8 increase in salari8S and pension contrlbulions.
Vineyard Churches UK and Ireland Trustaas, Report (continued) For the year ended 31 December 2023 Refor¢n and Administrativ• Dolalls NatSonal Dlrn¢lorn John and Debby Wright Vln•yard Loadornhlp T•am Jeremy Cook Mark Crosby Chuck & Taryn Free18nd Andrew & Rosie McN8il James Rankine Andrew Smilh John & Debby Wrlght York Vineyard Mneyard Cardtrr (West) Calalysl Vineyard Birmingham Vineyard Vineyard Cardiff Bélfast Wneyard Trent Vineyard Tru8toe8 Robert Byk Jeremy Cook (Chairman) areen Farrell Kim Huisl Clive Sillito John Wright Appointed 23rf June 2023 Resigned 23td June 2023 Company Socrntary Thomas Bell Rog1•t9r Namo Vlneyard Churches UK and Ireland Worklng Nam• Vlneyard Churches Prlnclpal and Rog18ter•d Offlc• Unll 8, K3 8u¥lness Park 200 Clough Road Hull HU5 1SW Bank•r• Bank of Scotland 33 Old 8road Street London BX2 1LB HSBC 34 Jameson Street Hull HU13JX
Vineyard Churches UK and Ireland Trustees, Report (continued) For the year ended 31 December 2023 Reference Jnd Admlnistratlve Detalls (condnued) Audltors Smalles Goldie Chartered Accountants Regent's Court Princess Street Hull HU2 88A Insur•r5 CaSE Insurance fw Charities Manor House 1 The Crescant Leatherhead Surrey KT22 8DH Indepond•nt Flnanclal Advl•er Solomon's The Old Bakery 2D Edna Road Raynes Park London SW20 88T R•gl$tratlon Numbor Charity England & Wales 1099748 Charity Scolland SC041285 Company 04839046 Country of Incorporatlon England and Wales Data Controllor Z8211138 5. Statoment of Tru810•8' wpon•SbllStl•B The trustees (who are also directors of Vineyar(I Churches UK & Ireland for the purposes of company lawl are responsible for preparing the Trustees, Annual Report and the financial statements in accordanc& with applicable law and Unlted Kingdom Accounting Standards {United Kingéom Generally Accepted Accounting Practice). Company law requires Ihe Iruslees to prepare financial slaternenls for each flnancial year, which give a true and fair view of the stale of affair5 of tho charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, Ihe trustee8 are required to.. Select suitable accounting poliaes and Ihen apply them consistently. Observe the methods and prinpIeS in the Charllles SORP 2019 IFRS 102)- Make judgements and estimates that are reasonable and prudent-, Stale whether applicabl8 UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial statements., Prepare the financial statements on the going concern basis unles811 is Inappropriate to presume that the charitable company will continue in operation. 10
Vineyard Churches UK and Ireland Trustees. Report (continued) For the year ended 31 DeGember 2023 Stotement of Trustees, responbIlItIeS (contlnued) The trustees are responSie for keeping adequate accounting records that disclose ¥Mth reasonable accuracy at any lime the financial position of the charitable cornpany and enable them to ensure that the financial slat8ments comply with the Companies Act 2c, the Charities and Trustee Investment Iscotlandl Act 2005 and the Charities Accounts IS(x)Ilandl Regulations 2(K16 las amended). They are 81so responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far ag the trustees are aware.. The1¥ no relevant audit informallon of vthi¢h the charitable company's auditor Is unavrdre,. and.. The Iruslees have taken all steps that they ought to have taken lo make themselves aware of any relevant audit information and to establish that the auditor is aware of th81 information. Audltor• The auditors, Smalles Goldie Chartered Accountants, wll ba proposed for re-appointment at th8 forthcoming Annual General Meeting. This report has been prepared taking advantage of the small companles exempllon under the Companies Act 2006. By ord•r of tho Trus C 3llllto Tru81e8 10 June 2024 11
Vineyard Churches UK and Ireland Independent Auditors, Report To the trustees and members of Vineyard Churches UK and Ireland We have audited the financial statements of Vineyard Churches UK & Ireland Ilhe 'charilable company,) for the year ended 31$1 December 2023 which comprise the Slalément of Financial Aclivilies, the Balanc£ Sheet, Statement of Cash Flows and notes lo the financial slatemenls, including a summary of signrficanl accounting policies. The financial reporting framework that has been applied in Ihelr preparation is applicable 18w and United Kingdom Accounting Standards, including Financial R8POrting Standard 102 Th8 Financial Repting Standwd applicabl8 in the UK and R8public of IreIar {United Kingdom Generally Aocepted Accounting PractiGel. In our opinion the financial 8tatements'. give e Irue and lair view of the 8tsle of the charllable company's afFairs as at 31 D¥Gember 2023, and of its incoming resource¥ and application of resources, induding Ils income and expenditure, for the year then ended., have been prowly prepared In accordance wilh United Kingdom Generally Accepted Accountlng Practice,. and have been prepared in accordance Ylth the requirements of the Companies Act 2006, the Charities and Tnjslee Investment (Scotlandl 1 2005 and regulation 8 of the Charities AGcounls (Scotland) Regulalions 2C(J6. Ba819 for opinioD We conducted our audit in accordance wlh Inlernallonal Standards on Auditing IUKI {ISAs {UKII and applicable law. Qur vsponsibilitie" under those standardo are fi irther described In the ALidilnr'q rennnsShllitiA8 fnr thft AlJ(lil of th( financial 51alemenls section of our report, We are independent of the charitable company In accordanca wilh the plhirAI rRoiiirftmenls that are relevant to our audlt of the flnancial slalomonts in the UK, includino the FRC'S Ethical Standard, and we have fulfilled our other ethical respon8ibilllles in accordance with these requirements. We believe Ihal the audit evidence we have obtained 18 8ufflclenl and appropriate to provbde a basS$ for our opinion. Concluslon• rnlatlng to golng ¢onc•m We have nothing to report in respect of the following matters in rdation lo which the ISA5 (UK) requlre us to report lo you where.. Ihe Iruslees, use of the golng concern basis of ac¢ounling in the preparation of the financial statements is not approprlate., or the Irusteeg have not disclosed in the flnancial slalements any identrfied material uncert8inlies that may ca$1 significant doubl about the charitable company's ability lo continue to adopt the going concern basis of accounting for 8 Perlod of al least twelve months from the dale when the financial stalements are aulhorised for issue. Othor Inforniatlon The trustees are responsible for the other information. The other Snformation comprises the information iTrduded i the Irustee5' annual ptsrt. other than the financial statements and our audilor's report thereon. OLJr opinion on the financial statements doe5 not cover the other information and. except to the extent otherwise explicitly stated in our repryt, we do not expres5 any lorm of assuiance concluslon thereon. In connection wlh our audit of the financial slatemenls. our responsibility is to read the other information and, in doing so, consider whether the other information Is materially inconsistent with the financial slatemenls or our knowledge obtained in the audit or othewse appears to be materially misslaled. If we identify such mal8rial inconsisl8ncie5 or apparent material misstatements, we are required to determine whether Ihere is a material misstalemenl in the financial statements or a material misslatemenl of the other information. If, based on the work we have performed, we Conclude that there is a material misstatement of thls other information, we are requlred lo report that fact. 12
Vineyard Churches UK and Ireland Independent Auditors, Report To the trustees and members of Vlneyard Churches UK and Ireland We have nothing to in this regard. Oplnlon8 on othor matters proscribed by the Companifjs Act 2006 In our oplnion. based on the work undertaken in the cwrse of the audit.. the inform8tion given in the trustees, report (incorporating the dIrtorS. report) for the finandal year for whh the financial 8t8lem&nls are prepared is consister)I with the financial slatemenls., and the directors, report has bTr prepared in accordance with applicablg legal requirements. Mattern on whl¢h wo arn r•qulr•d to report by •xcaptlon In the light of our knowledge and understanding of Iho charitable company and ils envlronmenl obtained in the ¢ourse of Ihe audll, we hav6 not identified material misstatements in the directors, report. We have nothing lo report In respect of the followlng matters in relation lo which the Companles Act 2006 and the Charllies Accounts {slIand} Regulallons 2006 require us lo report lo you if, in our opinion.. adequate and proper accounllng records have not been kept, or returns adequate for our audlt have not been received from brancheg not visited by us,. or the financlal statements are not In agreement with the accounting rewds and returns., or certaln disdosures of dlrectors. remuneration speclfied by law are not made. or we have not recelved all the information and explanations we qUIre for our audit,. or the Irusleeg were not enlilled lo prepare the financial statements in accordance with the Small companies. r8gSme and lake advantage of the small companles, exemptions from Ihe requirement lo prepare a slraleglc report. R•spon8lbllltle8 of tru8t••8 As explalned more fully In the Iruslees, respon$ibllllies statement sel out on p8ge 10 and 11, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the pwparalion of the financi81 statements and for being satlsfied that they give a true and falr view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial slaternenls that are free from material misslalemenl, whether due lo fraud or error. In preparing the financi81 slatemenls, the Iruslees are responsible for assessing the charflable Company's ability lo continu8 as a going concern, disclosing, as applicable, mallers r8laled to going concem 8nd using the going ccCern basls of accounting unless the trustees either intend to liquidate the charitable cornpany or to cease operations, or have realistlc alternative bul to do so. 13
Vineyard Churches UK and Ireland Independent Auditors, Report To the trustees and members of Vineyard Churches UK and Ireland Audltor rn•ponsibilitles for the audlt of the flnandal statement8 Our objectives are to obtain reasonable assurance 8bout whether the financial slatemenls as 8 whole are free from material misslalemenl, whether due lo fraud or emr, and lo Issue an auditor's pOrt that indudes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audll conducted in accordance with ISAS IUK) wll always delect a material misslatemenl when it exists. Misstalemenl$ Can arise from fraiid or errnr and are considered material rf, Individually or in Ihe aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial slalements. Irregvlarities. including fraud, are instances of non-compliance wllh laws and regulations. We design procedures in line with our responsibilities, outlined above, to delect material misstalemenls in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularllies, Including fraud is delaSled below.. Th• ext•nt to whlch the audlt was con8ldered capable of doto¢tlng Irrogularltles Includlng Iraud Our approach lo identifying and assessing the risks of material misstatement In respect of irffjgularities, Includlng fraud and non-compliance wlh laws and regulations, was focused on specrfic laws and requlalions which w8 considered may have a direct material effect on the financial statements or the operations of the charitable company, including the Charities Act 2011, Companies Act 2CKJ6, taxation legislation, data prolecllon, anli-bribery, efnployment, environmental and health and safely legislation. An understanding of these laws and regulations and the extent of compliance was obtained through discuelljnp. iyilb. management in5pecllng legal and regtilqlory vorrespoDdeA We assessed Ihe. 8iiseAr&tibilily of the charitable company's financial 3t8lements to m81eri81 mlgs181ement, Includin obtaining an understanding of how fraud mlghl occur, by making en9uirias of m8nagem8nl and consiéering the internal controls in place to mitigate risks of fraud and non-compliance w61h laws and regulations. To address the risk of fraud through management blas and override of control$, w&.. -performed analytical procedures lo idenlrfy any unusual or unexpected r8lalionshlps; -lesled journal entries lo identrfy unusual transactions., -a55essed whether judgements and assumptions mado in determining the accounting e$limal88 were Indicative of polenlial bias,. and -invesligaled th& rationale behind 8ignrficant or unusual transactions. In response lo the rlsk of Irregularities and non-¢ompllance wth laws and gUlatiOns, we deslgned procedures which induded, but were not limited to.. -agreeing financi81 slalement disclosures to undertying supporting documentation.. -r8ading the minutes of meetings of those charged with governance., -enquiring of management as lo actual and potential litlgalion and claims,. and -revwing correspondence with HMRC, relevant regulators and the charitable company's legal advlsors. Due lo the inherent limitations of an audit, there is a risk that we will not delect all irregularities, including those leading lo a material misslalemenl in the financial statements or non-complian wilh regulation. This risk increases the more that compliafice with a law or regulation is removed from the events and Iransaclions reflected in the financial statements, as we will be less likely lo become aware of instances of non-compliance. Auditing standards also limit the audit prixedures reouired to identrfy non-compliance with law5 and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondencg, if any. The risk is also greater regardlng irregularities occurring due lo fraud rather than error, as fraud inv(4ves intentional concealment, forgery, collusion, omission. or misrepresentation. A further destription of our responsibilities for the audll of the financial StatentS is located on the Financial Reporting Council's webslle al.. www.fTc.org.uklauditorsresponsibilities. This description fomis part of our auditor's report. 14
Vineyard Churches UK and Ireland Independent Auditors. Report To the trustees and members of Vlneyard Churches UK and Ireland U•8 of our report This port18 ma(Je solely lo the charitable company's members, as a body, in accc*dance th Chapter 3 of Part 16 of the Companies Act 2006, and to the charitabla company'5 trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scolland) Regulations 2006. Our audit work has been undertaken so that we might slate to the charitable company's members and trustees those matters we are requlred lo slate to them in an auditor's report and for no other purpose. To the fullest extent permitted bylaw, we do not ac£ept or assume responsibility lo anyone other than the charitable company, the charitable company's members as a body and the charitable company's trustees as 8 body, for our audit W(k, for this report, or for the opinKJns we have formed. Stephen Bramall Bsc FCA (Senior Statuary Auditor) for and on behalf of Smailas Goldie Chartered Accountants and Slalulory Auditors Stephen Bramall 1$ eligible lo act as an auditor in terms of seclion 1212 of Ihe Companles Act 2006. Regent's Court Princess Street Hull HU2 88A 10 June 2024 15
Vineyard Churches UK and Ireland Statement of Financlal Activities Including Income and Expenditure Account For the year ended 31 December 2023 Reltrfcted Unrostrict fundg funds 2023 Total 2022 Total Noto Incomg and ondowm¢nts from: Income from donatlons 746,887 1.050,321 865,312 1,797,208 865.312 1,376,935 546,710 Income from charitable actNltie5 Income from other trading activili8S Investment Income Other in¢ome 9,574 9,574 14,737 23,110 4,255 2,330 5,190 14,737 23,110 Total Incorno 756,461 1,953,480 2,709,941 1,935,420 Expondllur• on: Charltabl• a¢llvltl Leaderghip Church planting & dev8lopmenl 356,925 1,105,202 872,412 1,462.127 872.412 1,212,245 821,040 Total 356,925 1,977,614 2,334,539 2.033,285 N•t In¢om• I l•xp•ndlture) 399,538 {24,134) 375,402 (97,885) 399,536 (24,1341 375,402 {97.8651 Reconclll¥tl n Fund balances al 1 January 2023 17 403.425 465,589 869,014 966,879 Fund balances at 31 Doc•mb•r 2023 802,961 441,455 1,244,416 869,014 The Statement of Financial Activities also complles wth the requirements for an Income and expenditure account under the Companies Act 2006. All the company's activities are classed as continuing. The noleg form parl of these financial statements 16
Vineyard Churches UK and Ireland (Company Reglstration No. 4839046) Balance Sheet As at 31 December 2023 Noto8 2023 2022 Flxed as89ts Tangible assets 12 19,893 14,236 19.893 14,236 Current as8•t8 stock 3,230 9,159 Debtor8 13 45,869 43.811 Inveslmenl8- C88h deposlls 614,351 807,392 Ca8h 81 bank 8nd in hand 798,154 387,300 1,461,604 1,047,602 Cr•dltorn." amounts f¥lllng duo wlthln on• y•ar 14 237 081 192,884 Net currnnt as80ts 1,224,523 854,778 Not as¥•ts 1,244,418 869014 Re8arve• Designated fixed asset fvnds Reslricied funds Unrestricted funds 17 19,893 802.961 421,562 14,236 403.425 451353 17 17 1,244.416 These accounts have been prepared in accordance wlh the provisions applicable to entllies subject lo the small entities regime. The accounts were issued, aulhorised and approved by the Board on 10 June 2024 and signed on Sls behalf by.. Trustee The notes form part of these financlal stat&menls 17
Vlneyard Churches UK and Ireland Statement of Cash Flows For the year ended 31 December 2023 2023 2022 Notes Cash Flow• from operatlng aGtivltl¢$ Net cash (usad in} I provided by operatino acts'vities 19 419,272 125,477 Cash flow8 from Invostlng actlvltles: Dlvidonds, Inlere8t and rents from Inve8lmenls 14,737 2,330 Purchase of kY0rty, ant and &]uipmenl Purchase of Investments N•t Cosh providod by Inv•stlng actfvltlos (16,196) 16,959) (13,816) 1,769 13,255 Chtngè In cash and ¢a$h •qulvalonts In th• r•portlng p•rlod Cash and cash equivalents at the be9inning of the reportlng period 410,854 387,300 (138,732> 526,032 Cash and cash gqulval•nt8 at th• •nd ol tho rnportlng perlod 798,154 387,300 Anal1* of ¢a•h and ca8h equlval•nt• 2023 Total 2022 Total Cash at Bank and in hand 798,154 387,3 Total ca8h ond Cash equlvalants 798,154 387,300 The notes form part of these financial statement5 18
Vineyard Churches UK and Ireland Notes to the financial statements For the year ended 31 December 2023 AGGounting pollcles 1.1. statement of complianco Vineyard Churches UK and Ireland is a company Ilmiled by guarantee and registered as a charity in Englandwales. The address of the registered office Is given in the charity information on page 9 of these financial slalements. The nature of the charity's operations and principal activities are sel out in thè Report of the Trustees on pages 2 10 11. The charity conslliules a public benefit entity as defined by FRS 102, The Ilnancial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charllies preparing their accounts in accor¢Jance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accountlng Practice. The finan¢lal Slalemenls are prepared on a going ¢oncwn basis under the historical cost convenllon, modifth lo include certain ilems at fair value. The financial statements are presented In sterling whlch is the functional currency of the charlly and rounded lo the nearest £1. The slgnrficanl accounting policSes applied In the preparation of these flnancial slalernents are Set out below. These policies have been ¢onsislenlly applied 10 811 years presented unless olherwse slated. The Injslees. having Considered the charlty's r8s8rve5 and bank balances, in light of current global events, have a reasonable expectation that the charity has adequate resources to continue In operational existence for a period of 12 months from the dale of 8pproval of these financial statements and Iherafore have prepared the finandal staternenls on a going concern basis. 1.2. Funds accountlng Unreslri¢led funds are those which are not subject lo any Special reslrlcllons, and they can be used a$ the Trustees dKSde in furtherance of the general objecllves of the charity. Restricted funds are those which are subject to speclal restrictions as to how they may b& used. The purposes and uses of the reslricled funds are set out In the notes lo the finan¢lal statements. Designated funds are part of unrestricted funds and are amounts th8 Trusle8s have sel aside lo cover partlcular expenditure. On 31 Dernber 2023 the Trustees set up a designated fund to cover the net book value of tangible fixed assels. 1.3. Incomlng resourc08 All inroming resources are induded In tho Slalemenl of Financial Actlvitles when the charity is enlllled lo the income and the amount can be quantifled with reasonable accuracy. The following spécific policies are applied lo particular categories of inGome.' Income received by way of donations and gifts is included In the Slalemenl of Financial Activities on a receipts basis. Tax recoverable on gift aid donations is recognised in the same period as the gift lo which il relales. Investment income is included when receivable. Income from charitable activities is reccgnlsed when the activity occurs. Income from other trading acllvities and other income is recogrsised when the Charity is entitled lo the income and the amount can be reliably measureé. The value of seNices provided by volunteers has not been included In these accounts.
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year ended 31 December 2023 Accouiitlng polldes (contlnuod) 1.4. Resources expendod Expenéilure is recognised on an accruals basi8 where there is a legal or constructive obligation to make payments lo a third party. Expenditure indudes any VAT which cannot be recove and is reported as part of Ihe expenditure lo which it relate5. Grants offered subject to conditions which have not been mel at the year-end date are noted as a commllmenl bul not drUed expeiidilure. Charitable activities expenditure comprises those costs incurred by the charlly In the delivery of its a¢tlvities and Service for beneficRriès. It indudes both costs that can be allocated directly lo such 8Ctivilies and those costs of an indirect nature necessary to support them. Governance cos15 include Ihose costs associated wlth meeting the constitutlonal and slalutory requirements of the ¢harily and include the audit fees and costs linkèd to the strategic management of the charity. 1.5. Flxod a880ts Tangible fixed assets cosling more than £500 are capitalised and included al cost including any incidental expenges of acquisilion. The charitable company carries out annual impairment reviews where there is indicallon that the rrying amount of an asset rnay not be recoverablè. Depreciation is provided on all langlble flxed a3sets al raley calculated lo write off the cost or revalued amount on a slralghl-line basis over their expected useful economlc lives as follow9.. ompulers Fixtures and filllngs Office equipment so0 per annum on wrilleii dvwri v¥lue - 25. per annum on written down value . 25% per annum on Wrltton down valuc 1.8. Pon8lon8 The charlly makes conlribullons to The Peoples Ponsion, the Charilles aulo-enrolment pension scheme provider. Contributions are charged lo the Stalemenl of Financial Activities in the per lo which they relate. Pension c0515 are all¢X8led lo the acllvlly in whlch associated $18ff costs hav8 been atlriEyJled. 1.7. Flnanclal Ingtruments The Charity has adopled section 11 of FRS 102 In resFecl of fln8ncial instruments. Short terrn debtors are me88ured al transaction price, le$$ any impairment. Short term credllors are measured al transaction price. 1.8. Invo8tmenl• Current asset investments comprlse temi bank deposits realisable within 12 months and which are held lo generate inve51menl income. Fixed asset investment comprises bank deposits with a malurily dal6 grealer than 12 months from the balance sheet dale and which are held lo generate interest income. Incomo from donatlong 2023 Total 2022 Total Oonalions from member churches Indivldual giving {reslricled) 1,050,321 746,887 886.542 4.393 1,797,208 1,376,935 Included within donations from member churches above Is £11.788 {2022 - £15,145) receivable from ¢Jutside the United Kingdom. 20
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year endad 31 December 2023 Income from charitabl• aGtivili0s 2023 Total 2022 Total Conference income Leadership wllege 755,075 110,237 865.312 498,813 47,897 546,710 Investment Incomo 2023 Total 2022 Totsl Interest receivable 14,737 2,330 Other Incom• 2023 Tot•1 2022 Total Other Trading activities 23,110 5,190 32.684 9,445 Total exp•nd•d on ¢haritablo aCtlvltle8 Church planting & dev•lopmenl L•ad•r8hlp Ba85$ of allocatlon 2023 Total 2022 Total Costs dlroclly allocat•d lo actlviti Grants and gifts (see note 7) Other direct costs Staff costs Direct 70,524 137,644 208,188 209,S¥)6 Direct Tim8 136,668 879,788 229,598 1,016,456 229,598 841,206 203.165 207,192 1,247,030 1.454,222 1.254,277 Support cost• allocat•d to aGtlvltios Staff costs Time Website and media costs other support costs Governance (see note 8) s,681 129,714 720,375 659,660 Usag? 30,561 30,560 61,121 55,365 Usage Usage 9,301 34,697 20,128 34,697 29,427 69.394 21,476 42,507 665,220 215,097 880.317 779,008 872,412 1,462,127 2,334.539 2.033,285 21
Vineyard Churches UK and Ireland Notes to the financial stataments (contlnued) For tho year ended 31 December 2023 Grnnts Grants and g9 made during the pgriod wer8 as follows.. Church Plantln9 & Devglopm•nt L•ad•r•hlp 2023 Total 2022 Total 13.014 J4,12e EFdA Lb)•¢ vccol Evanthii S,QJ4 41.775 1,430 al 41,770 1,431 2,OtyJ S,017 7,039 17.18T 7.517 Ful•r S•ff•ry G*td•fi Vth•yi Ltyol C•1 Vkn T•ii Fund 5,017 T.039 17,107 7,517 94.Q54 W•th•tw Th•¢gh211 c4Jtsg• 19,092 17.431 1.166 6.00 rwi R•iliKltyJ Pund• 8B,22(+ 98,220 3,4J1
Vineyard Churches UK and Ireland Notes to the financial statements {continued) For the year ended 31 December 2023 Grants {conUnued) Church Plantlng & D8volopment Leadarshlp 2023 Totsl 2022 Total UM•Blrfct•d Fw¥Js VCF Bal•il VCF C•ntral Nurth•nvloh VCF Famhlrn VCF Gal•w4y VCF L••da VCF Ptsnon VCF PtyThuth VCF RTh•rJg VCF s•In VCF Vl•il Sullo VCF v•Yo[l JJ VCF Vknctt•r VGCT CAY Curth, A•rd••n VCF G•td•n Cty VCF Inwm• VCF 5knbury VCF 51 Ai>4n4 VCF Yo 04 Cburth. F4th Low Tr• Ofi• TDt•l iknt•li*•d Ftsnd p,ooo 11,913 20.903 9.000 S.OC 1.45Q 1.481 4.072 4.JQO 4.300 750 1.300 lJ.400 1.300 TSO i.joo 1S.400 1.JO0 1,450 16.500 1.450 1.500 1.000 iJ.o 19,119 11,800 4.500 1.800 1.460 15.QOO 500 1Q,034 13,UOO iJ,DOQ 17.731 11.DDO 10.250 11.800 10.250 1.100 1.JOO 1.310 429 429 1.032 5.000 37,175 5,Tr)0 lQ7.375 TQ.200 122,445 IndWu4 J24 5,249 5.573 4.QS0 T•tsi Fundi fo,524 1YT.644 209.eQ6 75 77 01 23
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year endod 31 December 2023 Govomanco costs 2023 2022 Staff c09ts AuditOfS' fees - audit Meeting costs Legal & profes8lnnAI Other 5,862 1,014 17,029 39,371 58 5,550 6,288 13,621 16.998 50 69,394 42,507 TaxatSon Vineyard Churches UK & Ireland is a registered charlly and 18 acLordingly exempt from taxation its charllable activities. 10. Not movomonl In fund• 2023 2022 N•t mov•m•nt In fund• l• •rrlvod at aft•r chargIn(crodIng). Auditors remuneration audll Depreciation 7,074 10,53g 6,288 6,605 24
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year ended 31 December 2023 11. SLiff costs 2023 2022 Staff costs were made up of.. Wages and salaries Social security costs Pension costs Staff costs charged from other organlsations Other staff costs 552,151 41,993 25,832 320,368 15.490 469,421 39.964 22.877 326,728 9,385 Total 955,834 868,375 The average numb&r of staff employed by the charity during the percl was.. Numb•r Numbor 25 24.0 K•y managom•nt compon8atlon Key man8gemenl includes the Truslee$ and members of senlor management. The Compensation pald 8nd pay#bl8 to key management for employ88 services is Shown below.. 2023 2022 Wages and salaries Pension costs 219,388 10,210 194,772 8,393 Total 229,598 203,165 The charity is recharged rosts from a number of Vineyar(I member churches and other related charities in relation to 'm8 sp8nl VCUKI matters. No amployee received emoluments for laxalion purposes over £60,000 in either Ihe current or preceding year. £1,93112022 - £1,788) was paid lo 3 Tru8le8s (2022 - 31 in respect of travel and subsistence and other costs. CJ Wright, one of the Charity's trustees, received renumeralion totalling £55,107 (2022- £47,119) for his servic¥s as National Dlreclor of VCUKI. The charity also paid pension contribulions lotalling £5,511 (2022 £4,712), lo his P8nsion plan and Death in Service and Incoffle Protection premiums via the charity 8 life assurance policy. administered through UNUM, as per his employrnenl contract. The charity's Memorandum and ArtleS of Assoc¢ation. as approved by the Charity Commission. provldes the legal authority under whh the payments were made. 25
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year ended 31 December 2023 12. Tangibl• fixed assets ComputOTS OffiGo Equlpmont Flxturo Flttlngs Totsl Cost oi valuatlon As at 1st January 2023 Additions Dlsposals Adiuslmenl As al 3151 Decewwiber 2023 26.198 12,131 1.134 4,065 1,498 28,830 16,196 38.329 5,199 1.498 45,026 Deproclatlon As al 181 January 2023 Charge for p&dod Eliminated on dlsposal Adjuslmenl As at 31st December 2023 13,826 9,780 331 384 437 375 14,594 10,539 23,608 715 812 25,133 Net Book Valuo A• at 31•t D•cembor 2023 14,723 4,484 686 19,893 As al 31s1 D8c8mber 2022 12,372 803 1,061 14,238
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year ended 31 December 2023 13. Debtor8 2023 2022 Trade debtors Piepaymenls Other debt(Ys 2,236 38.251 5,382 1,023 39,458 3,330 45,869 43,811 1& Cr•dltorn- Amounts falllng du• wlthln one ygar 2023 2022 Social security an¢J other taxation Accruals uals - Grants 12,247 32,544 15,645 176,645 10,269 12,028 15,645 154,942 Deferred income 237,081 192,884 Deferred inrne rel8leg to conference fee8 rec8Ned in advance. 15. An•ly81• of nol as•ets betw••n fundi Current Ilabllltle• Flx•d M8et• Current A88•ts Totsl fund• Deslgnaled fund8 Restricted funds Unrestricted funds 19,893 19,893 802,961 421.562 802,961 658,643 {237.081) 19,893 1,461,604 (237,0811 1,244,418 27
Vineyard Churches UK and Ireland Notes to the financlal statements (continued) For the year ended 31 December 2023 16. Commltments und•r operallng lea808 Minimum lease payments under non-cancellable operaling18ases fall due as follows= 2023 2022 Expiry dale.. Less than on8 year Between two and five years 25,416 26.880 25,41e 38.856 Totsl 52,296 64,272 17. Fundi B¥lanc•s a• at 1 January 2023 Incomlng resourcos ROUrceS èxpendod Transfor Balancm a* bolwgon at31 funds Doc•mber 2023 Unr•gtrlctÈd fund 451,353 1,937,2eA {1,967.0751 421,562 National Leaders Conference ChurGh Planling Other Conferenceg Special Offering 241,039 681,138 {271,491) 850,686 5,329 231 64.772 7.649 2,902 12,000) 17,5891 175,8451 68.101 291 83,883 156,826 R•8trlcted fund 403,425 756,461 1356,9251 802,961 D•¥lgnated Flxed Ass•t Fund 14,236 16.196 (10,539) 19,893 Total funds 869,014 2,709,941 (2,334,539) 1,244,416 The designaled fixed asset fund represents the nel book value of fixed assets at the year end. Depreciation costs in relabon lo the fixed assets are recognised in Ihe designated fund. Restricted funds have arisen bause reStrtionS have been placed on incoming resources 33 follows.. Nallonal Leaders Conference- Donations received to be used for OTI. VCUKI continues lo lake on the signfficant commitment to invest in (Mjr young people both within the Vineyard movement and those denominations, nebIrkS and streams that would like to join u5, Ihis is on-going. During the year donations continue lo be received for the Leadership Collegel Pathway initialive. 28
Vineyard Churches UK and Ireland Notes to the financial statements (contlnued) For the year 8nded 31 December 2023 17 Funds (contlnued) Church Planting - a legacy was received from a sister of a former Vineyard Pastor and $trICted lo church planting and especially in the SW Region. A(Iditional donations have been received from an indlvidual who has restrlcted the Income. Other Conferences - donations that We te1Ved during the DTI summer event In 2023 were entlrely glven away to Tear Fund, to support their toilet twinning program helping lo provide dean water and sanilalion around the world. Special Offerin9- followng the start of the war in Ukraine in February 2022, several chtjrches In the UK wanted to support Vineyard churches in the Ukraine. There are three Ukrainian Vineyard churches - Lvlv, Kremenchug and Kyiv, Donations have been recelved for the purpose of immediate humanilarlan relief and post-war reconslruclion projects. Relotod Partle8 VCUKI objectives and aclivlll8s include the provision of support and olher services to Vineyard church leaders and pa51or$ and lo the affiliated Vineyard churches that they lead. These Vineyard churches are usually established as Independent charities bul have common charitae objectives. Several of the the charlty's Trustees and leadership team are drawn from the senior pastors and members of these Chur¢h65. Memb8rs' donations disclosed In nol8 2 Include donations recelved from such member churches. Vlneyard Music (UK) Limlt8d Is a related party due lo common trusteès between the Iwo charities. During the year Vineyard Music {UK) Limited recharged the charity for expenses lotalling £4,29612022 - £11,878). During the year Vineyar(l Music {UK) Ltd was refundéd a lolal of £120 {2022 - £4,732) for the 8xpense8 due to VCUKI. Trent Vin8yard Is a ralaled party due lo common truslees between the tsvo charities. During the year Trent Vineyard recharged the charity for staff lime and expenses lolalling £47,306 (2022 - £39,384). £30,96012022 - £62,355) was transferred lo Trent Vineyard for costs incurred by in hosting VCUKI events and other recharges lolalling £11,184 (2022 - £10,582). Rlverside Vineyard is a related party due to common a trustee, for half the year, between the two charities. Durlng the year Rivarside Vineyard recharged the charity for $18ff time and expenses lolalling £1,78012022- £9,044). Also during the year the charity made a grant lo the charity of £7,70012022- £16,500) in the capacity of the senior paslors as regional and area loaders. South West London Mneyard is a rdaled party due to a common trustee between the two charllies. During the year South Wesl London Vineyard donated as part of the by-laws a total of £30,191, logelher with an aijditional donation of £26.586 to the Vineyard Leaders Gathering 2023 Offering. 29
Vineyard Churches UK and Ireland Notes to the flnanclal statements (continued) For the year ended 31 December 2023 19 Reconciliation of net movément In funds lo n•t cash flow from oporatlng xtivlll Not08 2023 2022 Net {expendltLir8) l inrnme for the reportlng period (as per the statneI of Financial Activities) Adjustm8nl$ for.. D8prPIaI1an charge L055 on sale of fixed assets Dividends, Interest, and rents from investments Decrease in stock {Increasel I decrease in debtors InGreasel (decrease) in uedltors 375,402 {97,8651 12 10.539 6,605 114,737} 5,929 12,058) 44,197 12,330) 949 16,670) 126,166) Not Cash Iulod Inl I provldod by oporatlng a¢tlvltl•s 419272 125,477