mailes Goldie CHAR TERED ACCOUNT ANIS Charty Registration No. 1099748 Company Reglstration No. 04839046 (England and Wales) Charity Reglstratlon In Scotland SC041285 Vineyard Churches UK and Ireland Trustees, Report and Accounts For the year ended 31 December 2024 so-0219081 ICAEW CHARTEf¢EO ACCOUNTANTS
Vineyard Churches UK and Ireland CONTENTS Trusto05' r•port 2-11 Ind•pond•nt auditors, r6p¢ 12-15 stst•ment ol Flnanclal Aatmtl 16 Balanc• Sh••t 17 81ot•m•nt rf Ca•h Flo 18 Not•8 to th• fin•nclal stat•m•nts 19.30
Vineyard Churches UK and Ireland Trustees. Report For the year anded 31 December 2024 Tho TneS subrn h8r8wTlh their Annual Report togthr wlth Inspe(led neI statements for the year ended 31 Decembar 2024. Tho trust88s have apIed the provfsions of th8 Stslamant of Recommended Practice ISORP) 'Accounting and Raporty by Chartbes" in preparlng the annual reFMNt and flnatKlal statements of the chanty. The financLg1 statements have been prepared In accordance the coUnting wIlcS Set out In notes to the acUnts and comply wtlh the charity's govemlThJ document, the Charth88 Act 2011 and Accounting and Reporting ty Charftles.. Statemgnt of Recomm8nded Practlce applicable lo ch8r1t8 preparing thelr actnts In accordance wilh the Financial Rewrtlng StaTrJard appllcatJ19 In the UK and Republlc of Iroland publlshed In Octobor 2019. Wh8n planning the activlll8s for the year. the Trusts8s have con81dered the Chartty Comml8slon guldan¢e on public benefiL and, the speclflc guldan¢a on charftth for the advanment of r811glon to prode pubuc ben6fft. ObJo¢tlves and Actlvltl•B The primary obl8¢t of the company is the advancement of the Chrfstlan famh Includlng mlssionary acllvltles In th8 Unlted Kingdom and overseas and th8 plantlng of new churches. From these key objectives can be drawn.. To provlde pastoral ovarslghl, training and resouing to th8 members and assoclate members of Vlneyard Churches UK and Ireland (hereafter 'VCUKI"l and to over8ee the Planj of n8w Vlneyard congregallon6 In the UK arKI Ireland and to support inlornational missions, We belleve that these lead to th8 rxOpagOn of Chrf8llan bellefs, whlch ljrlng hope 8Th1 rea80n to th08e In need. spread ethlcal valu88 to soGiety as a whoie and contrfrt6 to soclal actlon. Publlc b•n•fft When plannlng the acllvitles for the year, the Trustees have con81dered the Chadty Comml8slon guldanc8 on publlc banefrt, aTrJ in partlcular, the sp8¢ffi¢ guldance on charltl88 for the 8dvancement of rellglon to provlde public benefit. Summary of ObJ•dI4 The Comp8ny Is e$tsbllshed to: Provlde oversight to lh8 senk)r pa8torn of thstlng church88 and fadlhale lh8 Plann9 of n8W churches. Brlng logether churches who hold common value5 and pracllces. 00 811 it can to help peopl& bec0r all that th8y can In ChAst. by helplng. s8rvlng and strengthenlng our churches. VCUKI beli6ves this can only ba achieved through the bulldlng and ¥u¥talnlng of strong r8latlonshlps among the churches, b888d on love, opennoss and tru81. In m•etlng our objectlves, we adhgre to th• following prlnclples: Exercl8lng spiritual authorlty and accountability- Affiliated Churches have chosen to be part of the Vlneyard family and, as such, carry its nama. This relationshlp is one of spirltual respect and submlsslon. VCUKI is where churches have found a leadership that th8y can trust 8nd wlllingly want to subfflit to. VCUKI provides vision, encouragement, tralnlng. ovorslght. eare. and. when necessary. cOrrectn. Self-goveming legalty Affiliated Churches manage th8ir own affalrs, are financlally independent and employ their own Staff and leadership t8ams. 111) Our organlsation's stnKture is based around supporttng and empowerlng our affiliatsd churches and Lic8ns8d Senlor Pastors to 8Xtend the Kingdom of God in thelr communiti6S and bgyond. iv) VCUKI provldes vlsioft, trainlng. resources and gUIdan to thos8 on the front Iln88 crf Klngdom mlnisty In the UK and Ireland.
Vineyard Churches UK and Ireland Trustees, Report (continued) For tha year ended 31 December 2024 ObJactlvo$ andAcUvlrfes (Contlnued) Strat8glos for achl•vlng obj•ctiVO8: Church Planting During the period of these accounts tt7e numb of Vlneyard Churches stands at 119 {2023- 120} with 2612023 - 28} 8dditlonal 8lte churches. Coathlng The coachlng program contlnued Ihls year, the alm Is for each new Church Plant8r and exisllng Senlor Pastor to have a coach to 81d and assl$l them In the journey of planting or runnlng a church. We have a number of certlfl8d coaches a5 well as a number of people Wt are on the training FKogramme. Thls allows the true empowemnl of leaders to be all Gcrfj has made them to b8. whllst 8180 iyulldlng a healthy, dynamic, lrfe-gSvlng church culture and a healthy balance between belrKJ and dolng, a vltsl ch811enge, as we bok after our leaders. 111) Events For the furtherance of rellglous educaon of the Vlneyard Movement and wlder Church. several n8tlonal events were held throughout the year 88 follows 11 } Vlnéyard Natlon81 Gatherlng In Aprll. Thls evant tak88 F4ace tsvlce In one wo8 total att&nda&8 over both event8 were 1,800 {2023 - 1,7351. Teachlng came from Jay Palhak, Al8xander Venter, Juslln Brlertoy, John and Debby Wrighc Tope Koleo80 and Damlknla Makind8. 12> No Nallon81 Worshlp R81reat wa8 h8ld In tho year however several reglonal events took F48ce 8round the country for a tlme of connection. teaching, mlni8try and worshlp12023- 361 for the natlonal retreati. 13) The Dreamlng the Imposslble youth f8$Uv81 took place In August at the Staffordshlre Showground over 5 day8. 3,778 young p80ple and youth leaders gathered, wlth a further 853 people on teams to make tho event run12023 - 3,212 young people and a lurther 632 on teams). The event considered to be a resoundlng success. {4) The Caus8 to Llve for Conference h81d In November, alff at the 18-30'8 for tlme of encouragement, envl$ionlng and 8qulpplng for the cause of Jesus Christ, 875 8tt8rKl8d Includir@ team (2023 - 942)- The first Cause lo Live For Conference took place In IrelaThJ In April, a total of 251 dglegatss attendad tha event. Iv) Resourcjng VCUKI provldes Llcensed Senlor Pastors and Afflllated Churches free access to the Vlneyard Stack resource website. Tho Stack hosts a wid8 varty of In4epth guldance and t8mp18te documents to rèsowce leaders and thalr ¢hurche8. Vlneyard Tralnlng and Minlsty Pathway 111 The Vln8yard Mlnlsty Pathway Is a leadershlp development Strategy, deslgned to ssslst wlth leaders, ioumoys towards vocational ministry in the Vineyard. It aims to help leaders from any Gontext recelve the tralnlng and support they need to slep Into their calling to ministy. It takes leaders of all ages and stages and prgpares them for vocational ministy through tailored tralning and equipping programme$. The Pathway has mullple $tag8s. ranglng from a mcmjular leadership Irainlng course run through Indlvidual Vlneyard churches in tho UK and Ireland, called Vlneyard Essentials.. to a year-long Int8nsNe part-time Lead8rshlp College programme for those aiming to step Inlo vocatlonal mlnlsty churth planting. Followir¢g on from the huge succe55 of tho Leadership College in the ffirst year, the College took on 61 new students for tho academic year 2024125 {2023124 - 71) students spread over six rAmpus85.
Vlneyard Churches UK and Ireland Trustees, Report (contlnued) For the year 8nded 31 December 2024 Obhctlvo8 andActlvRl•$ (contlnuod) (2) Th8 Win8yard Training P1alf0 Is a digital platf used to provkle tralnlng resources to tho movem8nL This platform brings logelher Ihe best tralnlng In a variety of ministy 8reas that peop18 C8n accgss whenever they need and on any d8vic8. A number of m¢)du18s have been creatsd to ald theologlcal educatSon In the Vineyard, covering $uth topics as: An introducuon to Theology, H&rrnen8Uttcs. Th8 Story of the KSngdom. The Pentatauch. and muth more. vl} eaS The prfmary work of the movement18 carrled out through local Churc8. the88 are grouped together geographlcally into Areas, typically wlth 10-12 churches par Area. The pastoral support and care lor those ¢hurthes h facllitated by an Araa Leader, Coach. Spldlual Dlrector, arKI Pastoral Mentors. Dlfferent acllvrties have been eath8d out In dlffoffjnt areas, but the main acuvltles indude.. {1) Relationghlp building - 8ncournJlng networking, cwaration, and encouragament 8rnong8t the chUh loaders withln the area. InvestltwJ tlme In Sanior Pastors and worshlp leaders and looklng at wlential church plantsrs. (2} Teachlng and TrainSng facilltated by Area Days, Lgadar8hip E888ntials Cour8e Centr89 based artyjnd the county. trustee tralnlng and tha Vineyard 'Stack' resource webstte. {3) Pastoral Support - Area Leaders Spend tlme 8UPPOrtlr4J SenlN Pastors whlch Includes a8sl8tlng vAth dSfflcult loGal188ue8 that arls8 and g8neral rnntorfng. vll) Reglons Each Reglon contalns or thr8e Areas grouped together. Reglonal Leaders w(k together wlth thelr Area Leaders to provlde leadershlp. v181on, and encouragement. Th8 slx Reglonal Laader8 811 report to the Vlneyard Nallon81 Leadership T88m IVLT) whlch énables the nallonal 8tralagy and tt8 local Implemonlatlon to be di88emin8ted quickty at a local18vel. vlll} Tradem8rks To protsct tho reputatlon of 811 Vlney8rd churthes. VCUKI owns and controls several reglstergd trademarks and devlces assoclated wlth the word VINEYARD, when used In Ihe provislon of rellglous 8cllvltSes In the UK ar Ireland. The marks are It¢ensed to those who havo been aulhor15ed to minster In the Vlneyard name. The use of Ihe marks i¥ governed by the charftys by-laws. Th8 trademarks and by4aws together lorm a fundamental part of VCUKI'S govemance and oversight $tructur88. Ix) Ministy N8bvorks (1} Church Planllng <Vln8yard Mumpty) contlnues to b8 a hlgh prforty for the neyard Movement. Multiply Vlneyard Is about Insplrlng and equipplng Klngth)m people to launch Klngdom communltles. Vbn8yard Multiply Is led by As81Kiats National Dlrector Chuck Freeland. (21 Youth NefvIk - We'r8 P888lonale about seelng a generation of yourvj people meet Jesus and feartessly ftAlow hlm. It's In Jesus that we find purpose, hope. freedom and a secure identity rooted In hlm. Then we Dream The Imposslbl8. Th8 neyard Churches Youth nèlwork Is ¢oordlnated by th6 Dr8amlng The Imposslb18 {DTI) team which Is led by Susie Aldrldg&. 131 Worship - Our mission is lo train wcfshlp leaders, equip the church and to Capre the Songs that emerge from wRhin our movemenL The Worshlp Mlnisty Netsyork Is led by Jon Sokny.
' Vlneyard Churches UK and Ireland Trust8es' Report (continued) For the year ended 31 December 2024 Objectlves andActlvlUes (¢ontlnuedJ {4) IntematlaI Mlsslons - we esumate that half of the Viney8rd churches In Ihe UK Bnd Ireland are actively involved in supporting oversea$ mission. They support church planting efforts, mlnisty lo th8 poor and advancSng social justice to Ih08e 8round the wodd. This neIk Is led by Nick Sutton from Coventy Vineyard. Saleguardlng VCUKI tak85 tho safeguarding of clwldren. young peopl8, aThJ adults vffy 80ri0usly. As a famlly of churches, we have a duty to promote the weffare of children, young people, and adults. We boliove thal we should work together to prevenl abuse from Ocrring and that we 8hould seek lo protect those that are al rlsk of being abused and respond wall to thos8 that have been abused. The welfore of children, young people and adults at rSsk Is aayS paramount and should take precedence over all other conslderatlons. VCUKI has a N8tlonal Saleguardlng Team that work5 In partnershlp wlth local Vlneyard churches across all our locatlons to help provide 8 safe environment In whlch chlldren and adults can develop physlcally, inlell8Ctually, and spirltually. XI) VCUKI grant giving pollcy and phllosophy Often the wimary work of the charity 18 carried out through some of our speclflc local churchos. as they are commonly in direct contact w5th our target group. Addlllonally, they have e%sting skills end resources on which w8 may 'plggyback'. Thus, by glvlng them grants, to cover thoir marginal costs for th698 tasks, wè are able to fulfil our objects In a hlghly efflcient and focussed manner wllhout havlng to carry 6Xtr8 overhe8d. We make grants to them in the context of speclflc objectives and tasks whlch help us to achlevo the charty's overall obJedves, namely: (1) FIrnY, wlthln tho UK and Irel8nd to as81st In pastoral overslght of Indlvldu81 churches by mean$ ol Area 8nd Reglonal Leaders. 12) Secondly, to asslst In the trainlng and resourdng of member churches vla tho means of Ihgologl¢al tr8lnlng and 0th8r leadershlp tralnlng. 13) Thlrdly, to a$3lst In the plantlng of new churches wllhln the UK and IrelarKI. 14) Fouthly, to assl$t In the davelopment of theologlc81 kredge wthin th8 UK and Inlernallonally. 15) Flfthly, to 8s8lst the global Vlneyard Movement to traln and equlp leader8 to advance the Chrlstlan falth through mlsslons Sn the UK and over8eas. It 1$ further understood that on the recelpt and expondltwe of the grants the80 churches 11, annually, Kcount for the 8xpendlture as well as describ8 the nature a1 detalls of the aclfvlties they have undertaken In helplng us fulfil our objeGtlves. xll) Plans for Ihe Future The movement's focus ¢onllnu88 lo be: (1) To enrol new studants onto the Le&Yer8hlp Colleg8 lo start the row course In September. (2) Vineyard Theological Tralnlng to equip leaders and potentsal leaders in their glftlng. focusing on three maln areas ol Igadership training- splrltual formation, hands-on 8xp8rience for mlni81ry and biblic81 training. 13) To use the strategic reserves in developing and gr¢)wirvJ Vlnoyard Chur¢hgs five prlorities In the UK see paragraph 2aliiil. {4) Run a number of national events, including.. (al Cause to LNe For Conference Ireland February 2025 Ibl Vineyard National Gathering In Aprll 2025. (cl Soul Care senlor P8$lors retreat In June 2025. (dl Drgaming the Impossible Conference in August 2025. (el Cause to Live For Conference In November 2025.
Vineyard Churches UK and Ireland Trustees, Report (contlnu8d) For the year anded 31 December 2024 Owctlves andActlvltles (continued) 15) To develop new Ministy Nelworks in support of th8 charltys object8. 2. Flnanctal R•vlow Tru8tees belleve that th8 Intemal financlal cathls eonforni to guldellnas Issu8d by the Charfty Commls8lon and the Fundralslng Regulator. The prlnclpal 5tr8am of incom8 of the charty conllnues to consist of regular contrlbullons from local Vlneyard churches. These are supplemented by one-off glfts to initiate now projects. Durfng Ihls p8rlod rna grants were made totslllng £162,74312023- £208.168), a detalled breakdown Is Induded In note 7 to Ihe accounts. Tot81 Incomlng r080ure8s for the perlod amounted to £2,212,335 12023 - £2,709.941). all applied for g8neral purposes. except for th8t glv8n at varlous conference8 and restricted to thal offering. Total resour expendèd for the perfod 8mountsd to £2.435,645 {2022 - £2,334,539). Leavlng r88erves al th6 year-end of £1,021,106 {2023 - £1,244,416). Res•rv•• pollGy In Ilne wllh Ch8rlty Commlsslon guldancfr, the Truste have revlewed thelr pollcy on the unrestrfclad funds not mmItted or Invested In tanglble flxed 88$8ts (the free re8erve31 and flnd the charlty ghould ha, Operatlng Reserves equlvalent to 4 months of core expenditure In tha currant year. At present the Ir•8 liquld reseNe$ are £276,070 whl¢h represents 2.3 months of expènditure at 2024 levels. The tnJsl8es nole that thls18 below the deslred reserve figura of 4 months and wlll monitor Ihe18ve18 dudng Ihe cour8e of the year, ¢ash balances remaln at a hlgh level. De8ignatad Funds FIx8d As$8ts. this represents resources In the ¢harlty's flxed assets. The fund Is, therefore, not readlly avallable for olhor purpM)ses. 1111 Slratsglc Reserves are unrestrlcted funds over and above those needed for operating rnserves and designated r8serv8s to be used for 8tral8glc d8V8lopment$ as Idenllfied by the Trustees for the fiv8 key strategles ol the movement.. church health and gm%h. developlng lomorrow's lead8rs, worshlp. Klngdom Imp8¢1 and church planting. Each of th88e has bean running for the past five years and It18 assumed that these are now part of nonnal activities and are covered by Income from affillated Vineyard churche8. However new inttl8tNe$ may well come up and Ihese wlll be pald for from Strateg1¢ Reserve8. Inv•stment poll¢y In the current Investment climate, our policy has boon to hold r8serves on deposlt at the hlghest rate of Intere8t that can be earned safely and ethically. The tnjstees. h8vlng considered the ¢hartVs reserves and bank balances In Iloht of currenl global events. have 8 reasonable expectation thal Ihg charty has adequate resources to continue in operatlon81 existence for a period of 12 months from the date of approval of these fingnclal statements and, therefore, have prepared the finandal ststemanls on a going concern basls. 3. Structuro, Governaneo and Manag•m•nt VCUKI is a company lIme by the guarantee of its members and is 81$0 registsred as a charlty in England and Wales (No 10997481 and In Scolland (No SC0412851. The Articles of Assodation (last amend8d on 25 February 2020) of the charity act as its goveming do¢ument.
The key groups are shown below. In the case of the first tso, thelr memberg are listed on page 9. Vineyard Churches UK and Ireland Trustees, Report {contlnued) For the year ended 31 December 2024 3 StnKturn. Govwnanc• and Management (continu•d) Trust••s The Trustees. role i8 to oversee the ffinan¢lal affalrs of VCUKI, trj conslder and manage risk, and lo ensure compliance with leglslatlon and regulaUon8. The Trustees also fomi the board of directors of the company, and they meet In person al least 3 tlmes per year with intervening Zoom calls. They are appolnted by the board who regularty assess tha skllls and expertise required for the effective and efflclent management of th& chwKy and Its assets. The group conwlts wldely with experts about emerglng Sssues affecllng VCUKI. The Trugte8s hava glven due conskleratlon to Charity Commls8ion published guthnce on thè operatlons pf the Public Beneflt requlrement. The process of se18Ctlon and Induckn ofTrustee8'. Our Trustees would typIc81ty be pracSIng ChrisUan8 who are elther churc*18aders or [lesS1)nalS of some st811ng and repute. Ideally. they would have becom8 famlliar wlth the worklngs and bu$Sne$s of VCUKI through belng a church pastor or voluntary leader withln 8 local Vlneyard Church. Thay would a180 b8 Gh8cked to 580 that th8y are In good standing and are not dlsquallfied from Serving 88 a tnJst88 accordlng to automatic d1squallflca0n rules under the Charllies (Protecllon and Soclal Inv88tmant} Act 2016. 88lng a charty wtth care and overslght for d)Ildren, tnJ8tees 8r8 8180 requlrad to havé an 8nhared level cdmlnal r8¢ord certlflc8te for a chlld workforce wlthout a barrlng list Check. Inductlon proce88- all new Dlr8ctors l Tnjstees are suppNed wlth the followlng; (1) Recent financlal accoun15 (2) Overvlew of the buslne88 (31 Ardcles of As80clallon (41 Staff handbook. (51 Health and Safety I risk as8essm8nts: 161 Inductlon and orlentstlon coverSThJ the practfjcal aspects of the tharity'8 oblecllve8. Th8 ¢harlty provlde$ Trustee and Dlr8ctor InBur8nc8 cover to tho amount of £1 mllllon. Vlnoyard Loader•hlp Toam The Vineyard Lead8rshlp Tearn {hereafter'VLf)15 r8spon$lble for the day-to-day govemance, leadership and strategy of VCUKI whlch they execute In conjunction with th& Trustses. Th8 VLT rLJnslsts of 10 people. They meet physlcally at least four times por year and also hava video calts at other times as needed. They focus particularty on the areas of church developThnt and church planting. Aroa Leadgrn The UK and Ireland are dlvided into 15 'Areas'. Area Leaders coordinate arKI support thurches in Iholr areas.. East Anglia, East Midlands, Essex and Kent, Ireland, London. North East, Northw85t. Scodand, South Central, South C¢)asL South Mldlands, South West, West Country and Wales, West Mldland5 and Yorkshire R•glonal Ld•r9 'Area5' are clustered tojether into srx'Regions', as follows: Ireland, London & South East, Mldlands and East, North, Scouand, South & Wales. All Reglons are ov8rse8n by a Regional Leader. The Areas and Regions help to facIlte dear lines of ¢onn8ctlon and commurdcath)n beknveen the loeal church and the VLT.
Vineyard Churches UK and Ireland Trustees, Report (contlnued) For the yaar ended 31 December 2024 Structure, Governance and Alanagement (¢ontlnuedJ Rlsk Managem&nt A formal rl8k managemenl procedure Is followed to assess busln888 rf9ks and implement rf8k management gtralegles. Ma5or slrategk, operational and financial rfsks to which VCUKI may be exposed have been idenllfied and prlorltlsed In term5 of poterrtlal impact and likelihood of occurrerKe. Systems have be estsblished to mklgate those risks. The action plan is revi8wed 8nnually as requlr8d to ensur& itg valldity. As part of thi8 process, the Trustees have r8vk8wed the risk to the rapulation and Image of VCUKI, and 8 fA)mpreh8nsfve process ha8 t)8en established to mitlgate the rSsk8 we face. The 8yStem8 of Intern81 Control are deslgned to provld8 reasonable. but not absolute, a88ur8nc8 agalnst maledal mlsslal8m8nl or loss. They Indude.. An annual budgat approved by the Trustees. Regular consideratlon by the Trustees of financl81 reports. Delegatlon of authorlly and 8egregatlon of duties. Idenllficallon and management of rfsks. Iv) Fundral8lng Regulator- Vln&yard ChurcheB UK & Ireland18 reglstered wlth the Fundra181ng Regul810r. We are committed to ensurlng that our fundraislng remalns legal. open. honest and respectful 8nd wlll oblde by the Fundralslng Code of Practlce. VGUKI'S fundralslng happens g8n8rally a year at our Nallonal Leaders Gatherlng and OreamlNJ The Impossible nalonal youth conference, an 8nnounc8ment15 made Irom the front of 8lage, usually by $enior leadership represent8tlves, delalllng what VCUKI Is fundralslng for. Th1$ Is gengr811y for other charilles wllh similar aims and ethos to Vlneyard Churches UK & Ireland, however sometlmes the fundraising mayb8 used for Intamal projects. Oth8r womotional means Indude detslls on the glvlng pago on the conference websll8s and In th8 event brochure8. The donor8 f ither donat8 by logglng Into the Vlney8rd Churches UK Ireland glvlng page to pay by edttldebil card or make a dlrgct to transfer lo th& bank a¢count. Baskets will be sent round the auditon'um for chequa$ and 3h to be donated, though this form5 a very small proporuon of tho total glven. No one 18 co8rc•J Into glvlng and tt 18 a purely fr80 Chotce of the indlvklual whether they wish to donate. There were no Compliance Issues with a schamo or fundraising standard. There have been no comFdaints COremIng fundraising by Vineyard Churches UK & Irelarvj. The setting of pay ynd rgmuneralion for key managem8nt personnel Is arfved at by looking at equlvalenl roles In the lo1 communty such as the gducation sector and the charltable sector, a cost of Ilvlng rfse Is given based on the Office for Natlonal Stslistics average eamlngs report in Decembe to start from the following financial year. the board approves the budget for the year including the incxease in salaries and pensKJn contributions.
Vineyard Churches UK and Ireland Trustees, Report (continued) For the year ended 31 December 2024 Refer•nce and Admlnlstratlve Detslls Natlonal Dlreclor• John Debby Wright Vlnoyard Leaderghlp Toam Mark Crosby Chud( & Taryn Freel8nd Andrew & Rosie M¢Nell James Ranklne Andrew Smlth John & Debby Wdght Tom Thompson Vinoyord Cardlff (West) Catslyst Vineyard Birmingham Vlneyard Vineyard Cardlff Belts$l Vineyard Vineyard Churches UK and Ireland Croydon Vinoyard Tru•tao• Robert Byk Jeremy Cook Alareen Farr811 CIIvo Sllllto {ChaSrman) C John Wright Joanna Frost Nlck Hardlng Resigned November 2024 Appolnted June 2024 Appolnted June 2024 Company 3•¢rotary Thcwnas 8ell Reglstored Nam• Vineyard Churches UK and Ireland Worklng Nam• Vlneyard ChUrdj Prlnclpal and Regl8t•r•d Offlc• Unlt 8. K3 Bu81n888 Park 200 Cthgh Road Hull HU5 1SW Bankorn Bank of Scoland 33 Okl Broad Street London BX2 1L8 HSBC 34 J8meson Street Hull HU13JX
Wineyard Churches UK and Ireland Trustees. Report (continued) For the year ended 31 December 2024 Reference andAdmlnlstratlve Detalts (contlnu•d) Flagstone Group Lld 1 Fknor, Clareville House 2&27 Oxendon Str8&t London SW14 4EL Audltorn Smalles Goldlè Chartered Accountants Reg8nt'$ Court Princ858 Str•et Hull HU2 8BA In•uror• C8SE Insurance for charl9$ Manor House 1 The Crescent L88therh&ad Surrey KT22 8DH Ind•p•nd•nt Flnanctsl Advlmr Solomon's The Old Bakery 2D Edn8 Road Rayne8 Park London SW20 8BT R•glstratlon Numb•r Charlty Eng18nd & Vvales 1099748 Charfty Scotland SC041285 Company 04839046 County ot Incorporatlon and Wale8 Dats Roqb•tratlon Z8211138 5. Statsm•nt of Tr•, r••pon•lblllll The trustees (who a also directors of Vlneyard ChurcheB UK & Ireland for the purposes of company lawl Bre responslble for preparkng the TNstees' Annual Report and the flnanGial statements In accordance wtth appllcable law and United Kingjom Accounting Standards {United Kingdom Generally Accepted Accountlng Pract1). Company law requires the trustee5 to prepare finandal statemants for &a¢h flnand81 year, which glve a Irue and fair vlew ol the state of affairs of the charitable company and ol the Incomlng resources and appllcatlon of resourcès, Includlng the income and expenditure. of the charitable company for that period. In preparlng these financlal statements, the trustees are requlred to: Select suitsble accountyig policies and then appty them conslst8nlly', ObseTve the methods and prfnGiples In the Charities SORP 2019 (FRS 102). M8ka judgem8nts and eslimates that are reasonable and prudent. State whether applicable UK Acxounting Standards have been followed, subJect to any matsrfal d8partures dlsclosed 8nd explained In the financid stslements; 10
Vlneyard Churches UK and Ireland Trustees, Report (continued) For the year ended 31 December 2024 Statement ol fnMt085' rnsponslblllUe$ (continuedj PPare the financial statements on the golng cijncom ba$E8 unless it is In8pFprl9ts to presume that the charitsble company wlll conlinue In operation. The trusts88 are fesponslble for keeping 8deryats accounting rao)rds that dlscloso w6th reasonable xcurocy at any time th8 flnandal po8lllon of the charltable company and enable them lo ensure that the financial statements comply with the Companles Act 2006. th8 Charltles and Trust88 Investmenl {S¢otland) Act 2005 and the Chariles Accounts (Scotlandl Regulatlons 3J06 (as amended). They are also responsible for safeguardlng the as88ts of th8 ¢h8rilab18 company and hence fix t8klng reasonable steps lor the provontlon and det8Cth)n of fraud and other Irregul8rlti88. In 80 far as the trustees are gw8r8.' Thar818 no relevant audlt Infomatlon of whl¢h Ihe charitable company's aud 1$ unaware,. and.. The trustees have tsken a118tep8 that th8y ought lo have takèn to make th8mselv88 aw8r8 of any relevant audri infr<m8tion arKI to estsblSsh that the audltor18 aware of that Inform8tbn. Audltors The audltors. Smalle8 Goldle Chartered Acwuntants, wlll bo proposad for rn•appoSntrnent * thè forthcomSng Annual General Meetlng. Thls report h98 b88n prepar8d taklng advantsge of th8 small companles oxemptlon under the Companles Act 2006. y ord•r of th• Trust C Sllllto Trust88 05 Je 2025 11
Vinéyard Churches UK and Ireland Independent Audltors, Report To tha trustees and members of Vlneyard Churches UK and Ireland We have audited the flnancral stslements of Vineyard Churches UK & Ireland (the 'Gharitable company'l for the year ended 3181 December 2024 which ccfflpri88 the Statement of Financial Activiti85, the Balance Sheet. Statement of Cash Flows and not•s to the financial statements. in¢luding a summary of significant accountlng poficies. The financial reporting framework that has been applied in their preparation Is appllcable law and Unhed Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Rgpoffjng Standard applicable in the UK and R8public of Ireland (United Kingdom Generally Accgpted Acc(MJnting Pra¢tice). In our oplnlon the fancIal statem8nt8: glve a true and falr view of the state of the charitable company'$ affelr8 as at 31" De¢embor 2024, and of Its irKomirKJ r8source8 and 8ppll¢allon ol rosources. including Its Income and expendlture, frjr the year Ih8n ended; have boen properly pr8pared In COrdanCe wlth Unlted langdom G8n8rally Accepted Accountlng Practl¢a', and have been prepared In ae¢¢xdance with the requlremonts of the Cc¥npanles Act 2006, the Charltlo8 and Trustee Investrmnt (Scotiand) Act 2005 and regulatS¢)n 8 of the Charltles Aco)unts (Scollaryj) Regulatlon8 2006. Bafjl• for oplnlon We conducted our audlt Sn accordance wSth Intematlonal Standds on Audlllng IUKI {ISAs (UKII and appllcable law. Our r8gponslbS1ities under thos8 Standards are further descrlbed In the Audllor's re$ponslblllUes for the audlt of the financial statements Section of our r8port. W8 are Independent of the chadtabl8 company in accordance wlth the ethlcal requlr8menls that are relevant to our audit of th8 financial 6t8tements In the UK, Indudlng th8 FRC'S Ethlcal Stsndard, and we have fulfilled our other ethical r8sponsibilitie$ In accordancè with these requlremenl8. We belleve Ihat tha audlt evldence w& h8ve cA>tsln8d is sufflclent and approprSate to provide a basls for our oplnlon. Con¢luslon• r•lalng to golng conc•rn We have nt)thlng to rèport In regpecl of the followlng matters in relatlon to which the ISAS {UKI requlre us to report to you wheTe'. the trust8es' use of the going concern basis of aculunn9 In the weparadon of the flnanclal Ststements 18 not approprl8te', or the trustees have rt dlsclosed In th8 financlal ststewents any identlfled materlal uncertalntles that may cast slgniflcant doubt aÈout Ihe tharilabl8 company's ablllty to contonue lo adopt the golng concwn b8si$ of accountlry for a Frfod of al least tfftlve months trom Ihe date when the finandal statsments are authorised for issue. oth•r Informatlon Tho trustees are responllble for the other Infomation. The other Infom0 comprl$es the irrformation Included in the trustses, annu81 reporL other than tho financial statements and our 8uditor's report thereon. Our opinlon on the financial stalements does not cover the other Informatlon and, except to the exlent othemlse eXplty 8tated In our report, we do not express any form of assurance conclusion thereon. In connection wlth our audlt of the financl81 statements, our responslblllty Is to read the other Informatlon and. In doing so, ojnslder whether the other infonn8tion Is ma18rlally Inconslslent wth the financlal stateménts or our knowledge obtained in the audlt or otherw1$8 appears to be materlally rnis5tated. If we Identfy sh malerial InconsisteneS or apparent materfal misststements, we are mqulred to detemine whether there Is a material misstatement In the financial Ststemenls or a matsrial misstatement of the other infomiation. If, based on the work we have perfomed. we o)nclude that there is a matsrial misstatement of thls other Inf0mtIOn. w6 are requlred to report that fact. 12
Vlneyard Churches UK and Ireland Independent Auditors. Report To the trustees and members of Vineyard Churches UK and Ireland We have nothing to report In thls regard. Oplnlon8 011 other matters prescrlbod by the Compan185 AGt 2006 In our opinlon. b88ed on th8 work undertaken in the course of th& aLklit: the informatlon glven in the Iruslees, report {IncrPorating the dlre¢tors' report) for the financial year for which the financlal statements are prepared Is con$lstent witr the flaral 6tstem&nts' and the directors, report has been prepared In accordance with applieatrAe legal requlrem8rrts. M•tt•r• on whlch wo aro requlr•d to raport by •xcoptlon In the Ilght of our knowledge and underst8ndSng of th8 charftab company and Its envlronment ci)tained In the cour88 of the audlL we have not Identlfled matedal m1s6tat8ments In the dlrector8' report. We have nothlng to r8POrt In respect of the followlng matters In rel8lk)n to whlch the Comp8n185 Act 2006 and the Charttl68 Accounts (Scotland) Regulatlons 2006 require us to report lo yryj if, In our oplnlon.. 8dequate and proper aG¢ountlng record8 have not been k8Pt. or returns adequate for our audlt have not b88n ie¢elved from branches not vl8lled by us: or the financl818tatement8 are not In agreement wlth the accountSng records and retum8; or certaln di8cio8ures of dlrector8' remuneratSon sp8clll8d by law are not made: or we hav8 not received all the Infomiatlon 8nd 9xp18ndons we requlre for our audft,. or tha trustees were not 8ntltled to prepare the financi81 statsm8nts In accordance wlth Ihg small companles, raglme and taka a¢fvantsge of th8 small comp8nles' exempon$ from the requirement to prepare a strateg rapjrt. Rupon•lbllltles of tru8t••• A8 8xpl8ined moro fully In thé trustoeg, re8ponslbllitles Statement Set out on page 10 and 11. Ihe trust888 (who are also the directors of the chadtable company for the purposes of company lawl 8r8 r8sponslble for the preparallon of the financial ststements and for being $8tlsfied trwl they glve a true and fair vtew, and for such Inlemal contfol a5 tha Iruslees detenIr¢8 is necessary to enable the preparatlon of ffinandal statements thal are Iree from material mlsststement, wh8th8r due lo fraud or error. In prgparlng the financial statements, th8 Irustees are responsible for a$8esslng the charflable company's ability to ¢onlinue a¥ a going concern, disclosing, as 8ppllc8ble. matter8 related to golng concom and usiro the going concem basls of accountlng unless the trust8es either Intsnd to Ilquldale the charmable company or to cease operations, or have no reall$ll¢ altemalve but to do so. 13
Vineyard Churches UK and Ireland Independent Auditors, Report To the trustees and members of Vlneyard Churches UK and Ireland Audilor mponsibilltlos for the audlt of lh• Ilnan¢lal slatsmonts Our objectives are to obtaln reasonable assurance about whether the finanaal statements a$ 8 wh018 free from materlal misstatement wh8ther duo lo fraud or error. and to issue an auditor's report that includ8s our opinion. R&asonable assurance is a high level of assuranc8. but Is nol a guarantee that an audit conducted In aOrdance wlth ISAS (UK) wlll aayS detect a mat&ri81 misslat8menl when il exlsts. Misstatsments can arise from fraud or 8mr and are considered material if, indrvidually or In the aogrégate. they could regson8bly be expected to infiuence the economic decisions of us8rs taken on Ihe basls ol these financral ststem8rts. Irregu18rftlès, Indudiro fraJ. are in9tances of non•compllance wkh laws and r8gulakns. We deSn prc¢gdu$ In Ilne wlth our reswnsibilities, outlined above, to detect matsrlal misstatem8nts in respect of Irregularitios, Includlng fraud. The extent to which our rxocedures we capable of dètscting irr8gularRies, Induding fraud16 detalled below: Th• •xt•nt to whlch th• audlt was con•ld•rnd capablo of d•t8ctlng Irr•gularltl•s Includlng fraud Our approach to 1denfyIn9 and 888888ing the risks of mat81ial misst8teffffjnt In r88pe¢t of Irragularltle8, Indudlng fraud and no0MplIanCe wlth laws and regulations, was focused on Speclflc laws and regulatlons whlch w¢ considered may have a dlrect material effect on the financlal statements or the operatlons of the charitable company, Includlng the Ch8rilie8 Act 2011, Companle8 Act 2006, taxation leglslation. data protectlon, anti-bribery. employment, envlronment818nd health and $8fety leglslalion. An under8tsndlng of these law5 and regulation5 and Ihe extent of eompliancg wa$ obtained through discussion wlth management and Inspectlng legal and regulatory ¢orre$pondence We 8S888sed the $u8ceptlblllty of the charltable comp8nV8 flnan¢l81 stst8ments to material nN88tatam8nL Sndudlng oblalning an understsndlng of how fraud mlght occur, by making enqulrles of management and cnnsidarlng the Inlemal controls In place to mlugate rlsk¥ of fraud and non-compllance wlth laws and regulatlons. To addr055 the rlsk of fraud through management blas and ovethde of controls, we.. -perfomied analytlcal procedures lo Id8ntlfy any unusual or unexpected relatKJnshlps,' -tesl6d Journal 8ntries to Identlfy unu8U81 tran5acllons'. -as$essed whether judpments and a88umptkJns made In deternilnlng th8 8cuntIng esttmates were Indlcat6ve of polentlal bias,. and -Investigat8d the ratlonale b8hSTrJ slgnlflcant or unusual tran&acllon8. In respon88 to the risk of Irregularttles and non4ompll8nc• wlth laws and reguladons, we deslgngd procedures whlch induded. but w8re not Ilmited to.. -agreeing financlal Statent disclosur88 to undedying supportlng dementatIOn., -reading the mlnutes of rneetings of those charged wlth governance; -enquiring of managemgnt as to actual and potential Iltbgation and clalms., and -reviewTng correspondence with HMRC, relevant regulators and the chaiitable conwany's legal athl8or8. Due to the Inherent limltation8 of an audit, there Is a rlsk Ihal we wlll not detect 811 Irregularltie8, Indudlng th058 leading lo a rnalerial misslatemnl in tho ffnanclal statements or non•compliance with regulatlon. Thi5 risk increases the more that compllance wlth a law or r8gulatlon Is remov8d from th8 events and transacllons refl8Ct8d In the financial statements, as we wll be less likely to become aware of Instances of non-complian. Auditing slandards also Ilmit the audit procedure5 requlred to Identify non-compllance wlth laws and regulations to enqulry of the dlrectors and other management and thg inspectlon of regulatory 8nd legal CLYre8PDndencg, if any. The risk Is 81$0 greater regarding irregularities occurring due to fraud rather than error. a8 fraud Involves intention81 concealment, forgery, collusion. omi5si0n, or misrepres8ntalion. A fijrther descrlptlon of our respon$iblllties for the audlt of the finanaal sla18ments is lo¢ated on the Financial Reporting Council's web$lle at: www.frc.org.uklauditorsresponsibilittes. Thls description fonns part of our auditorfs rep. 14
Vineyard Churches UK and Ireland Independent Auditors, Report To the trustees and members of Vineyard Churches UK and Ireland Use of our report Thls report Is made solely to the ¢harltable compan$ memb8rs. as a body. Sn accordgnG8 Chapter 3 01 Part 16 of the Companles Act 2(M)6, and to the charttable company's trustees, a5 a body. in accordance wtth RegatIon 10 of the Charldes Account8 Iswdandl RegulatSons 2006. Our audm work has been undertak&n $0 that we might stats to the Charble ¢omp8ny'8 members and trustee8 thos8 matters we are r8quir9d to stste to th8m In an audit$ report and for no olher purpose. To the fullest extent permltted by law. we do not accept or assuma re$ponslbilty to anyone other than the charit8bl8 company, the ch8rhable company's m8mb8rs as a body and the charltable companvs trustses as a boty, for our audll work, for Ihi8 report, or for th8 opinions we have fornd. stephen Bramall Bsc FCA (Senlor Statukny Audltor) for and on behalf of Smalles Goldle Chartered AG¢ounlant3 and Statutory Audltor8 Stephen Br8mall18 eligible lo ad as an audhor In temw of sactSon 1212 olthe CompAnle8 Act 20Cfj. Re9ent'8 Court PrSncess Street Hull HU288A 05 June 2025 15
Vineyard Churches UK and Ireland statement of Financlal Activities Including Income and Expenditure Account For the year ended 31 December 2024 R•strTCt•d Unrestrlct•d funds funds 2024 Total 2023 Total Not• Incom• and •ndowm•nts from: Income from donations 0,516 1,108,139 805,746 1.368,655 805,746 1.797,208 865,312 Incom8 from tharftable activ189 Income from other trading actSv1118S Invéstment Income Other Incom6 19,359 19.359 14,325 4.251 9.574 14.737 23,110 14,325 4,251 Total Incom• 279,875 1,932,461 2,212.336 2,709,941 Expondltur• on: Charltablo actlvltl•A Leadership chUh plantlng & dovelopment 367,005 1,077,608 991,033 1,444,613 991.033 1,462.127 872,412 Total 367,005 2,068.641 2.435.646 2,334.539 Not Incom• l (•xp•ndlturnl {87,1301 1136.1801 {223,310) 375,402 Fund b8lanrAs at 1 January 2024 17 802,961 441.455 1,244,418 869,014 Fund balanus at 31 D•c•mb•r 2024 715.831 305.275 1,021,106 1.244.418 The Statement of Flnanc181 ActIvleS also ¢ompll8s with the requiiements for an incrn and eXpondure account under Companle8 Act 2006. All the comp8ny'$ aclvit185 are classed 85 continuing. The notes form part of these flnanLyal statsmonts 16
Vlrieyard Churches UK and Ireland (Company Registration No. 4839046) Balance Sheet As at 31 December 2024 Note8 2024 2023 Flxed assets Tangible assets 12 29,205 19,893 29,205 19,893 Currnnt a8sot8 Stock 2.504 3.230 Debtors 13 41.921 45.869 Inv88tm8nts- c88h d8po81ts 822.087 814.351 C88h at bank and In hand 389,631 798.154 1,256,143 1.481,804 Cr•dltor•: amounts lalllng du• wllhln t• yoar 14 237 081 N•t ¢urront a8••t• 991,901 1,224,523 N•t a4•0ts 1021106 1244416 R••erv•¥ De$lgnated fixed asset funds Re$lricted fvnd8 Unre8trfcted funds 17 17 17 29,205 715,831 276 070 19,893 802,981 1021 11 1244,416 These accounts have been Krfepared in accordance wlth the provl$lon¥ applicable to enltles Subhect to the 8mall entities regime. The accounts were issued, auth¢rfsed arKI approved by the Board on 05 June 2025 and signed on Its beharf by.. Trustee The notes form part ofthese financial staternents 17
Vlneyard Churches UK and Ireland Statement of Cash Flows For the year ended 31 December 2024 2024 2023 Notss CaAh Flows from op•rallng athltloB Net C88h (used in) I provlded by oporalng actfvit58s 19 190013 419272 Ca•h IIow8 from Invostlng actlvltlo•: DlvkleTrJ8. Intsr88t and rents from Investrnents 14.328 14.737 Purchas8 of propety. plant and aqulpment Purchase of Investments Not Ca•h provld•d by Inv•stlng actlvltl•• 125,100} {207,7361 218 510 (16,196) Chango In ¢a8h and cuh •qulval•nts In the porn9 porlod C88h and ca8h equlvalents al the beglnnlng of the reporting porfod 1408,5231 798,154 410.854 387,300 C••h and ca•h •qulval•nts al tho •nd ot th• r•portlng p•rfod Ana1• of u•h and ca•h •qulval•nts 2024 Total 2023 Totsl C89h at Bank and In hand 389.631 798.154 Total rA•h and cash •qulval•rrt• 389.631 798.154 The notes fom) part of these financlal statements 18
Vineyard Churches UK and Ireland Notes to the flnancial statements For the year anded 31 December 2024 Accountlng poll¢les 1.1. ststement ol compllanco Vlneyard Churches UK and Ireland Is a company limited by guarantee and registered as 8 chartty In EnglandMaS. The address of the registered office Is glven In the charity Information on page g of these financial statements. The nature of the charity'8 operations and prlndpal actlvltses are set out In the Report of tha Trustees on pages2to 11. The chartty constitutes a publlc benefft entlty as defined by FRS 102. The finar[al stst8menls have been prepared in accordan wlth Accounting and Reporttng by Charltles.. Ststement of Recommended Practic6 applicable to charitles preparing their accounts In accordance with the Flnandal Reportlng Stand8rd appllcable in the UK and Republlc of Ireland issued In Cktober 2019 tha Flnanclal Reporting Standard appllcable In the Unlted Klngdom and Rewbllc of Ireland IFRS 102}. th8 Charitles Act 2011 and UK Generally Accepted Accountlng Pr8dlce. The financlal 8tstementS are prepared on a golng concern basls und8r the hl8torfcal cost convention. mtyJlfl8d to Indude certaln items at fair value. The financial statem8nls ar8 pres8nted Sn sterllng whkh Is th8 functional currency of the Charlty and rounded to the nearest £1. The 8igniflGant a¢countlng pollclas applled In the preparatlon of th888 finandal 8tstem8nls are set out below. Those pollcbe$ have boan conslstendy applled to all years presented unl888 othe1$e Stated. The trustees havlng considered thè charlty's reseNes and bank balances. In IhJht of current global events, have a rea8on8ble expectallon that the ch8rlty hats adequate resources to contlnve In operational exlstence for a parlcd of 12 months from the dale of 8pprovd of these flnBnGlal $latemen18 and therefore have pr8par8d the financlal statemants on a going concern basls. 1.2. Funds accounllng Unrostrfcted funds are those whSch are not 8ubl8ct to any special restrictlon6. afKI they can bo used as th• Tru8te88 declde In furth8rance of the general objective8 of tho Gharity. R8Stricted funds 8re those which are subject to 8pedal restricuons as lo how they may be u88d. The purposes and use8 of the restrtcted funds are 88t out Sn the not85 lo the finandal stat8ments. Deslgnated fund8 are part of unrestrlded fund$ and are amounts th8 Truste88 have 881 aslde to cover partlcular expendlture. On 31 December 2023 Ihe Trustees ¥et up a deslgnatéd fund to cover the nel book value of tanglble fixed assets. 1.3. Incomlng resources All Incoming resources are included In the Statement of Flnanclal Advltles when the charfty 18 8ntitl8d to th8 Inme and the amount can be quanllfied wbth reasonable accuracy. The followlng sp8clfic pollde8 are 8pplied to particular categorles of Income: Income r8ceived by way of donations a1 glfts Is Included in the Statement of Financial Ac11vleS on a recelpts basis. Tax recoverable on gift aid donatlons is recognised in the same perlod as the glft to whlch it re18tes. Investment income 15 indudBd wh8n recelvable. Income from chafltable activlties is recognlsed when the actlv occurs. Income from other trading activities and other income Is recrpJnised when the Charfty is enlitled to the income and the amount ¢an be reliably measured. The value of setvices provlded by volunteers has not been included in thes8 accounts. 19
Vlrieyard Churches UK and Ireland Notes to the financial statements (continued) For the year ended 31 December 2024 Accounting policies (contlnuodj 1A. Resourc05 oxpgndod Expenditure is rgcognlsed on an arual8 basls where there L8 a legal or con8tructlve otrAlgafjon to make payments to a third paty. Expendlture includes any VAT which cannot be recovered and Is reported as part of the exp8nditur8 to %thlGh11 relates. Grants offered subject to condluons which have not been met at the year-end date ar8 not8d as 8 commltrnent but not 8rUed as 8XP8nditure. Charitab18 activities expendtbjre oJmprf888 those o)sts Incurred by th8 charity In the dellvery of its 8CtivltK?8 and 8eTvice for benefi¢laries. It Snclu(les both c08ts that be allated dlrectly to suth act11185 and those costs of an Indirect nature n8¢essary to support them. Gov8rnanc8 (x)sls Include those costs assoclatsd with meeting the constitutlonal and statutory requlrements of the charlty and Include Ihe audlt f88s and costs linked to the straleglc managemenl of thg charty. 1.& Flxod a88ot8 Tanglble Ilxed assets costlng more than £500 8r8 capitalised and Included at GOSt Includlng any Incldental expenses of 80]ulsltlon. The charltable company carries out annual Impalmiant review5 wh8re ther8 18 Indl¢allon that the Garylng annt ol an assot may not be recoverable. Depr8ciation Is provided on all langlbl8 fixed 85sets at rates calculated to wrft? off the cost or revalued amount on a straight-llne basls over thelr expacted us8ful aconomlG IIv88 as follows: Computa Fixtures and ftttlngs equipment - 50.10 per annum on wrltten down value - 25% per annum on wrlttan down value - 25% per annum on wrftton down value 1.6. Pgn81on• Tho ch8rity makes contrlbutSon8 10 The P8ople8 Pen$lNb, the Charlties auto•nrolment pen81on 8cheme provlder. Contributions are Charged to the Stat8ment of Flnandal Actlvtties In the pedod lo which they relate. Penslon Cost6 are albGated lo the acllvlty in whlch 888odal8d staff costs have been attrlbutad. 1.7. Flnanclal In8trument• The Charity has adopted sectlon 11 of FRS 102 In re8P8Ct of flnanclal Instruments. Short t8rn debtor8 are mga$ur8d at transacdon prlce, les8 any Imp8lmient. Short term credllor5 are measured at transaCtn prlc8. 1.8. InstmantI Current assel Inv88tm$nls comprise temi bank deposks reallgable within 12 months and whlch are held to generate Invesknont income. Fixed asset Investment comprises bank deposits wlth a maturtty date greater than 12 rrnthS from the ba18nce Sheet date and whlch are held to g8n8rate interest income. Incom• from donatlo 2024 T¢)tsl 2023 Total Donatlons from member churches Indivldual giving {restrlcted) 1,108,138 280,516 1,050.321 746,887 1.368,654 1.797.208 Induded wlthin donations Irom member churches above is £8,913 (2023- £11.788) receivable from outside th8 Uniled Kingdom. 20
Vineyard Churches UK and Ireland Notes to the flnancial statemants (contlnued) For the year ended 31 December 2024 In¢om• from charttable actlvttlel 2024 Total 2023 Total Conference Income Leadgr8hlp college 701,530 104,216 805,746 755,075 110,237 865,312 Invosknont Incomo 2024 Total 2023 Totsl Intgre8t recelvabla 14,325 14,737 othor In¢om• 2024 Total 2023 T)tal Other Tradlng acllvltles 4,251 23,110 23,610 32.684 T)tal oXPond•d on charftabl• a1vIll¢S hur¢h plantlng & developmollt Leadorshlp Ba•ls of •llocatlon 2024 Total 2023 Totsl Costs dlr•Gtly allocated to a¢tlvhlos Grants and 9S 15ee note 7) Other direct costs Staff cc*8ts Dlr8Ct 109.770 52,973 162,743 208,168 Direct Tim8 133,020 867,475 303,233 1.OCrtl,495 303,233 1,018,4 229,598 242,790 1.223.681 1,466,471 1,454,222 Support costs alloGated lo actlvltlos Staff costs Timg Website and media costs Other support 657,177 123.670 780.847 720,375 Usaga 31,678 31.678 63,354 61,121 Usago U8ago 12,976 46,414 19,168 48,415 32.144 92.829 29,427 89,394 Govemance (see note 8) 748,243 220,931 969,174 880.317 991.033 1,444,612 2,435.645 2,334.539 21
Vineyard Churches UK and Ireland Notes to the financlal statements {continued) For the year ended 31 December 2024 Grants Grants and gffts m8d8 durfng the penod were as follows.. Chur¢h Plantlng & D8vgloprnont L•adernhlp 2024 Total 2023 Total R•Jtriethbd FundB Opèn Doom 9,571 9.571 6,OB4 48,776 1,435 ol C•rht Fulk•r8•mlnaty G•rf•n Vln•y•r Log01 GlOb•IOn Tmr Fund 5.017 7.039 17,lJ7 W••bllJt•rTh•oqhxl Colqq• CroweDd• Churoh 10,301 14,720 3,644 10.381 14,720 3,644 288 VCF Fk)p• Vknaya V¢> C•taWt VCF S•lbury VknoorAdnL 466 451 7.517 94,054 42,S03 42,503 IndWuA 1,166 Tot•1 Re*kt•d htnd• 48.018 48,018 96.220
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year ended 31 December 2024 t3rants (condnued) hurch Plantlng & Davglopfflent L•ad•rship 2024 Total 2023 Total UN••trkknd Fundi VCF B•ht VCF F4mh8m VCF G•t•¥¥y VCF Le•d VCF Motton VCF Plynyjulh VCF VCF 8•wm VCF Vln•yard 03 VCF Wnca8tor VGCT VCF C•t•ly•t VCF Garden VCF Inwmosi VCF sa1ry VCF c¥¢try YWAfvI nI)en Fullon Ndokn VIMyTrJ Irth. Zan AVC K•ny Sual8knabk• Fqmh Love Tb8 On• Total UnM8lrfthd Fundi 9,000 ,DOO 1.771 1.080 8,901 1.600 B50 9.000 1.SOO Z.DOO 13.000 20,963 12.140 10.000 1.700 080 120 6,000 3.000 20.983 4.300 1,080 8,W)I 1,800 950 0.000 1,500 2,000 13,000 20,983 12,140 10,000 1.700 960 128 0,000 3.DOO 860 0,000 760 1,300 16,400 1,900 13,000 17,731 11,800 10,250 1,800 1.300 42P 5.000 2,032 108,343 108,343 107,376 Indlvldu•lu 1,427 5.573 Total Fwd• 162743 20B,16B Nuthfof IndPrfhJua 134 139 77
Vlneyard Churches UK and Ireland Notes to the financial statements (continued) For th8 year ondad 31 Decembor 2024 Govemanm costs 2024 2023 Stsff costs AdItors, f88s- audlt Maetlng costs Legal & profegslonal Other 5.882 7,074 17,029 39,371 23.891 45.113 6.797 92.829 69,394 Taxatlon Vlneyard Churchas UK & IrelarKI Is a reglstered tharlty Is accordlngly axampt trn tax8d1 on Its charftabl• 8ctSvltle8. 10. Not mov•m•nl In fund• 2024 2023 N•t movom•nt In fvnd• l• arrlv•d at aft•r charglngl(cr•dltlngl: AudttoryJ r8munoratlL- audlt Depr8ciatlon 7,464 15.788 7,074 10,539 24
Vineyard Churches UK and Ireland Notes to the financial statements (continued) For the year ended 31 December 2024 11. staff costs 2024 2023 Staff costs were M18 up of., Wages and salaries Soc181 gecurty costs Pension cosls Slaff ¢osl$ Charged from oth8r organlsatk)ns other staff costs 663,939 57,992 52.302 305,571 13,840 552,151 41,993 25,832 320,368 15,490 Total 1,093,644 955,834 The average number of 8t8ff employed by the charfty durlng the perlod was.. Number Numb•r 30.0 25.0 K•y manag•m•nt comp•n•atlon Key rnanag8ment includes the Tru81g0$ and member8 of senior management. The compensauon p8ld and payabla to key management for employee servlces18 Shown below: 2024 2023 Wages and Saa$ Penslon costs 284,785 18,833 219,388 10,210 Totsl 301,618 229,598 The ch8rity Is rocharged costs from a nUMr of Wneyard member churthes and other related ch8rftle8 In relallon to tlm spent on VCUKI matters. Two nplOyeeS roceiv8d emoluments for taxation purposes ov8r £60.000 in both the current or precedlng yew. £1,78612023 - £1,931) was paid to 4 Ttee5(2023 - 3) in respect of travel and subsistence and ¢Jth8r G05ts. CJ Wright, one of the ¢haFiVs tnjstees. received renurneratpJn totalling £78,846 {2023- £55,107> for hi5 S8rvices as National Dirertor of VCUKI. The charity also paid pension contributions totalling £7.771 (2023 - £5,511), to his penslon plan and Death in Servic8 and Income Protection preurns the charity's life assurance pollcy, administered through UNUM, a8 Per hls employment contract. The charfty's Articles of Assoclatlon, as approved by the Charity Commi5$1Dn, prDvides the legal autrKitI under whbch the payments were made. 25
Vineyard Churches UK and Ireland Notes to the flnancial statements (contlnuod) For tho year ended 31 December 2024 12. Tanglbl• fflxed assets Comput•r• Offl¢e Flxtur• Equlpm•nt Flttlngs Total CoAt or valuallon A8 at 1st January 2024 Addrtlons DI$p06al8 Adjustment A8 at 31 st December 2024 38,329 19,889 5.199 5.211 1.498 45,026 25,1(N) Depr8cl•tlon As at 1st January 2024 Charye for perlod Ellmlnated on dF8p0881 Adlusknent A8 at 318t Docambar 2024 23,608 13.564 715 1,849 812 375 25.133 15.788 N•t Book Valu• A• •t 31•t Dec•mb•r 2024 21,048 7,846 311 29,205 A8 at 31st DooJmb8r 2023 688
Vineyard Churches UK and Ireland Notes to the financial statements (contlnued) For the year ended 31 December 2024 13. D8btorg 2024 2023 Tr8de debtcrfs Prepayments Other debtor6 2,236 38,251 5,382 38.917 41.921 45,869 1+L Cr•dltor•- Amounts falllng du• wfthln on• yo•r 2024 2023 Soclal 8ecurty and 0th8r taxatlon Accruals Accruals - Grants 17.540 25.606 12.247 32,544 15,645 176.645 Deferred incomo 221,096 284,242 237,081 DefeThed Incom8 relates to Conference fe69 racelved In advance. 15. Analys1• of n•t a•s•ts b•tw••n fvnds Curr•nt 11gblllil Flxod Cuff•nt as¥ot8 Total lund• Deslgnated fund8 Restricted funds Unr88tr1cted funds 29,205 29,205 715.831 276.070 715.831 540,312 (264.242) 29,205 1.256,143 (264,242) 1,021,106 27
Vineyard Churches UK and Ireland Notes to the financial statements (contlnued) For the year endad 31 December 2024 16. Commltments under oporatlng ha8e3 Mlnlmum le888 p8yment8 undér non-cAncellab18 OP8ratlng lea88s fall due as follows: 2024 2023 Explry date.. Less than one y68r 8elw8en tsvo and five yg8r8 26.109 22,171 25,416 26.880 Total 48,280 52,296 17. Fund8 Balan¢•8 at 1 January 2024 Incoffllng r•sourc•4 Ro8ource8 •xpondod Transhr Balanc•s a• betweo at31 funds D•cemb•T 2024 unroltrfct fund 421,562 1,9)7,361 (2,052,853) 276,070 Natlonal Lead8r8 Conference Church PIaTrng Other Conference8 Spèdal Offering 650,686 253,754 1311,445) 592,995 68.101 9,625 9.878 6,618 (27.1411 {9.648} 118.7731 50,585 523 83,883 71,728 Rmtrlctod fund 802,961 279.875 (367,005) 715.831 Deslgnat•d Flxgd Asi•t Fund 19,893 25,100 (15,788) 29.205 Totsl fvnd• 1.244.416 2,212.336 {2.435,6461 1.021,106 Th& deslgnated fixed asset fijnd represents the net book value of flxed assets at the year end. Depreciation costs In relation to the fixed assets are recognised In the designated fijnd. Restricted funds have arison because re5CtIOnS havo been placed on Inctjmlro rèsources as follow5: Vineyard Leaders Gathering - Donations recelved to be used for DTI. VCUKI continue8 to take on Ihe significant commitment to invest In our young people both wSthin the Vlneyard movement and ltrThe denomln8ttons, netsvorks 8nd 8lream$ Ihat would like to loin us. this is on-going. Durlng the year dona)ons wntinue to be received for the Leadership Collegel Pathway initiatlvfj, 28
Vineyard Churches UK and Ireland Notes to the financial statements {contlnued) For the year ended 31 December 2024 17. Funds (contlnued) Church Planting - a 18gaGy was recaived from the sister of a former Vin8yard Pastor and restcted to church plantlng and specificlly in the SW Reglon. Additional donations have b8en recelved from an indlvidual who h88 rostrlcled the income. Other Conferences - donations that were recaived durlng the DTI summer event in 2024 weffj entlr8ly gen away to Open Doors. Special Offerlng- following the stsrt of the war In Ukraina in Febnjary 2022, 58veral churches In the UK wanted lo support Vineyard ¢hurche8 in the Ukraine. There are five Ukrainian Vineyard Ghurches that VCUKI currenuy 8UPPQrts - L¥Av. on8 in Kr8menthug. fv40 in Kyiv, one In Vlnnystia and one In Uzhhorod. Donatlons have been recelved for the purpose of immediato humanitsrian relief and post-war reconstructlon projects. A VCUKI r8pT•sentatlV8 visf(ed the county Iwlce in 2024 to visit the elders of the churches. 8nd to asslst wllh th8 provlslon of humanltarian ald. 18. Rolot•d Partlo1 VCUKI obi8cUves and actItIeS Includg th8 wovislon of 9upF and other seNlc88 to Vln8yard church18ad8r8 and pastors and to the affiliated Vlneyard churches that they lead. These Vlneyard churches are usually establlshed as Independent ch8rities but have commn charitable oblectlves. Several ol the chaty,5 Tru3te8s and 188dershlp team are drawn from the senlor pa$lors and members of these Churches. Members, donaonS dlsclos8d In note 2 Include don811ons recelved from Such member churches. Vlneyard Musl¢ IUKI Llmlted18 a related party duo to Common trust888 betsv88n th8 tsvo charlWes. Durlng the year Vlneyard Muslc (UK) Limlled recharged the ch8rlty for expenses totslllng £10,705 {2023 - £4.2981. Durlng the year Vlneyard Muslc {UKI Ltd was refunded a total of £32212023 - £1201 for the exp8n8es due to VCUKI. Trent Wneyard Is a r8lat8d paty due to common trustee8 been the two charllles. Durlng the year Trenl Vlneyard recharged the charlty for staff tlm8 and expenses totallSng £45.576 {2023 £47,306). £47,70612023 £30,960) wa8 transferred to Trent vtneyard lor costs Incurred by In hostlng VCUKI events and other rechapJ88 totalling £12.052 {2023- £11,184). South West London Vlneyard Is a relaled paty due to a Common trustee beth8n the Iwo ch8rftJes. Durlng the year South Wesl London Vlneyard donated as part of the by-laws a total of £30.58512023 - £30.1911. tcgether with an additional dOnaon of £8,250 {2023- £26,586) to the UkraSnlan Offerfng. 29
Vineyard Churches UK and Ireland Notes to the financial ststements (contlnued) For the y6ar ended 31 December 2024 19. RKon¢lllatlon d not movemont In funds to net cash Ilow from operatlng a¢tlvltl•8 Note8 2024 2023 Net {experKlttureyincome for the reportlng perlod (as per the Statemant of Flnanclal Actlvltlesl Adjuslm8nts for: DeweGlallon ch8rge Loss on sale offtxed assets Dlvtdend3, Interes( and rents from Investm8nt8 Decr8a8e In stk {Incr888eydecr&a88 In debtors Inuea8el{dacrea8e) In cradltor8 (223,310) 375,402 12 15,788 10.539 {14,326) 726 (14,7371 5.929 12.0581 44,197 27.161 N•t Cash (usod Inl I provldad by op•ratlng actlvltl•• 190.013 419 272 30