New Wine Cymru Limited
Company Registration Number: 05054946
Registered Charity Number.. 1106303
New Wine Cymru Limited
Trustees, report and Financial Statements
for the year ended 31st Dècember 2024

New Wine Cymru Limited
Company Registration Number.. 05054946
Registered Charity Number.. 1106303
Contents
Page
Legal and administrative information
Trustees report
Independent Examination report
statement of financial activities
Balance sheet
Notes to the financial statements
8-11

New Wine Cymru Limited
Company Registration Number: 05054946
Registered Charity Number.. 1106303
Le
al and administrative information
Company Name:
New Wine Cymru Limited
Charity Number..
1106303
Address..
Cornerstone Centre
32 Mynydd Newydd Road
Penlan
Swansea
SA5 SAE
Trustees:
Robert Ivor Jones
Paul Griffiths (resigned 01.09.20251
Kathryn Maria Tyler
Andrew March Lawrence
Independent Examiner..
Nicola Lewis- EasyBooks (Wales) Ltd
Unit 4, Dragon 24,
North Dock
Llanelli
SA15 2LF

New Wine Cymru Limited
Company Registration Number: 05054946
Registered Charity Number.. 1106303
ort of the Trustees
For the year ended 31 December 2024
The trustees present their report and the financial statements for the year ended 31 December 2024. The
truslees who served during the year and up to the date of this report are set out on page 1.
Governing Document
New Wine Cymru is a registered charity number 1106303 and a company limited by guarantee and was
incorporated on 25th February 2004 and registered as a charity on 13th October 2004. The charitable company
is governed by a memorandum and articles of association.
Trustees are elected by the members and none have any interest in the charity.
The charity is managed by the Board of Trustees which decides upon strategic and policy matters and is
supported by an Operations Manager.
Objectives
The company's principal activity was to advance the Christian religion in Wales
The Directors have given due regard to the guidance issued by the Charity Commission on public benefit and,
in particular, the specific guidancè on charities for the advancement of religion.
The charity seeks to change the lives for the good of the spiritual, moral, ethical and practical ways to reflect
and demonstrate the Christian Faith.
The Directors are committed to enabling as many people as possible to benefit from the charity's activities.
Some activities are offered or provided at no cost and when a charge is made this may be kept to a minimum
or subsidised to enable people at attend.
The Directors look to concentrate the charity's activities principally within Wales. Particular emphasis is placed
on working with churches and church leaders.
Achievements, Activities and Performance
REPORT ON ACTIVITIES
This section on the report focuses on the period April 2024 to March 2025. The need for precautionary
measures due to Covid are now no longer needed and NWC has been able to meet face to face in an
unrestricted manner across all teams.
TEAM MEETINGS
New Wine Cymru (NWC) Teams {Apostolic team, Core team and Directors) have held regular meetings
throughout the year focusing on the strategic issues which enable NWC to move forward in its vision and
mission.
The National Apostolic Team were able to hold a 2 day retreat in late Autumn 2024 to worship. pray and work
through a number of these strategic issues. Some overseas friends joined us for this time.
Afurther 2 day retreatwas held in February 2025 where we unanimouslyfound clarity and direction concerning
our approach to help develop and release Eph 4 ministries among the churches across Wales.
The Core Team met several times throughout the year and continued to focus on the issues at the heart of
NWC'S ministry.
The Directors met both on-line and in person to fulfil their duties with the AGM taking place in December 2024.

New Wine Cymru Limited
Company Registration Number.. 05054946
Registered Charity Number.. 1106303
ANNUAL CONFERENCE 2024
The Annual Conference was held over 2 days in June and was well attended. The eventwas hosted again by
Cornerstone Church who served the conference delegates in such a wonderful way.
Our guest speakers this year were Andrew Ollerton, Roger Ellis and Rachel Jordan-wolf alongside Julian and
Sarah Richards who all brought encouraging and challenging messages to the conference around the place
of the Word in mission.
JULIAN'S APOSTOLIC MINISTRY
Throughout 2025, Julian has been able to travel widely across Wales as well as overseas, furthering the reach
and influence of NWC. He has also been able to visit each of the regions as part of the missional pathways
initiative, bringing encouragement on creating a culture of mission within our churches.
Healing cafes. Regional Leaders. Days and Sunday preaching have seen Julian visit many church across the
regions through this year.
PRAYER INITIATIVE
Throughout 2025. NWC will galher churches in each of the 7 regions to pray for unity, growth and mission
across the nation. These gatherings will be broadcast live so that people will be able to join in from any of the
regions.
The initial gatherings have been wéll attended and are helping to develop the increasing appetite for prayer
around the nation.
Financial review
Policy on reserves
The directors have established a reserves policy that the charity should hold sufficient funds in reserve to meet
its normal operating costs excluding events and one-off items of expenditure for a period of six months. Where
reserves fall below this level, the board will seek ways to re-esiablish reserves over a prudent period of time
lo the level set in the policy.
statement of trustees. res
onsibilities
The trustees are responsible for preparing the annual report and the financial statements in accordance with
applicable law and United Kingdom Generally Accepted Accounting Practice.
Law applicable to charities in England and Wales requires the trustees to prepare financial stalements for
each financial year which give a true and fair view of charity's financial activities during the year and of its
financial position at the end of the year. In preparing financial statements giving a true and fair view, the
trustees are required to..
select suitable accounting policies and then apply them consistently:
make judgement5 and estimates that are reasonable and prudent; and
prepare the financial statements on the going ¢oncem basis unless it is inappropriate to presumè
that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial posits'on of the charity and enable them to ensure that the financial statements comply
wilh the Charities Act 2011. Trustees are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.

New Wine Cymru Limited
Company Registration Number.. 05054946
Registered Charity Number.. 1106303
The trustees declare .,iat they have approved the trustees, report above.
On behalf of the board
Signed..
.Trustee
10
AtslD(IE¥Q MARi14 LtrIL￿ F2EfrJLL
Print Name.........
41Page

New Wine Cymru Limited
Company Registration Number: 05054946
Registered Charity Number.. 1106303
Inde
endent Examiner's Re
ort
to the trustees of New Wine Cymru Limited
for the Year Ending 31st December 2024
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the financial statements and for being satisfied
that they give a true and fair view. The charity's trustees consider that an audit is not required for this year
under section 144 of the Charities Act 2011 (the Charities A¢t) and that an independent examination is needed.
I have been appointed as independent examiner under section 144 of the Charities Act 2011 and report in
accordance with regulations made under section 145 of that Act.
My responsibility is to examine the accounts under section 145 of the Charities Act, to follow the procedures
laid down in the general directions given by the Charity Commission {under section 145{51(b) of the Charilies
Act, and to state whether parti¢ular matters have come to our attention.
Basis of Independent examiner's statement
I have examined the financial statements of New Wine Cymru Limited for the year ended 31st December 2024
which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.
The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice).
This report is made solely to the charity's trustees, as a body, in accordance with section 154 of the Charities
Act 2011. My independent examination work has been undertaken so that I might state to the charity's trustees
those matters we are required to state to them in an independent examiner's report and for no other purpose.
To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the
charity's trustees as a body, for any audit work, for this report, or for the opinions I have formed.
Independent examiner's statement
In connection with my examination. no matter has come to my attention (other than that disclosed below)
Which gives me reasonable cause to believe that in. any material respect, the requirements..
To keep accounting records in accordance with section 130 of the Charities Act., and
To prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act have not been met., or
To which. in my opinion. attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Signed
Nicola Jayne Lewis
Date 281h October 2025

New Wine Cymru Limited
Company Registration Number.. 05054946
Registered Charity Number.. 1106303
ststement of Financial Activities
for the year ended 31st December 2024
Unrestricted Restricted
Funds
Funds
Totsl
Funds
notes
Last Year
INCOME
Donations and legacies
Grants reCeI￿d - Unrestricted
Grants receivad - Restricted
Income from E￿nIS and Trading Actimties
Tax Rebale from Gift Aid
Bank Interest ReCeI￿d
other income
43.246
43,246
34,759
15,000
25,231
5.159
1.741
25,231
5,159
1,741
26,279
4.364
834
332
TOTAL INCOME
75,377
75,377
81.568
EXPENDITURE
GrantslGifts in fijrtherance of objecti￿S
Expenditure on Charitable Aclimlies
2,000
81.941
2,000
83.501
2,000
84.436
1.560
TOTAL EXPENDITURE
83,941
1.560
85,501
86.436
NET INCOME Before transfers
(8,565)
11.560)
110.1251
(4.8681
Transfers Between Funds
NET MOVEMENT IN FUNDS
(8,565)
11,5601
110,125)
{4,8681
Total Funds Brought Fomard
40,278
17,038
57.316
62,184
Total Funds Carried Forward
31,714
15,478
47.192
57,316

New Wine Cymru Limited
Company Registration Number.. 05054946
Registered Charity Number.. 1106303
Balance Sheet
notes Unrestricted Restricted
Funds
Funds
Total
Funds
Last Year
as at 31st December 2024
Fixed Assets
Fixed Assets -Tangible
Current Assets
Debtors
Bank & Cash
35
io
4,263
38.425
42.688
4.263
53,903
58,166
4,007
68,048
72,055
15,478
15.478
Current Liabilities
Creditors & Accruals
fa41in
due withln 1
ear
11
10,975
10,975
14,774
10,975
10,975
14,774
Net Current Assets
31,714
15.478
47,192
57.281
Totsl Assets less Current Liabilities
31,714
15,478
47,192
57.316
Creditors Falling due afler 1 year
Total Net Assets
31,714
15,478
47,192
57,316
Fund Balances
Funds Bl￿d
Net M0￿ment of fijnds
40.278
-8,565
17,038
(1,560)
57,316
(10,125)
62,184
{4,868)
TOTAL FUNDS
31,714
15,478
47.192
57,316
The charitable company is entitled to exemption from audit under Section 477 oflhe Companies Act 2006
relating to small companies.
The members ha￿ nol required the charitable Gompany to obtain an audit of its financial statements
in accordance with Section 476 oflhe Companies Act 2006.
The directorsltrustees aCknO￿edge their responsibilities fr)r complying with the requirements of the Companies
AGI wilh respect to accounting records and the preparation of accounts.
These accounts hava been prepared in accordance WTth the promsions applicable to small companies subject to
the small companies -.gime and in accordance with FRS102 SORP.
The financial statements were apprO￿d by the Board on
were signed on it5 behalf by:
30 OctobL) i- Zoig
and
Signed......
DirectorlTru
AfvJoQtKJ MAQLH uhw L
Print Name..................................................
71Page

New Wine Cymru Limited
Company Registration Number: 05054946
Registered Charity Number.. 1106303
Notes to the financial statements
for the year ended 31 December 2024
1. Basis of preparation
1.1. Basis of accounting
The financial ststements are prepared under the historical cost convention and in accordance with the
Slatement of Recommended Practice 'Accounting and Reporting by Charities.. Statement of Recommended
Practice, {SORP FRS102) and with the Charities Act.
1.2. Change in Basis of Accounling
There has been no change in the accounling methods this year.
1.3. Changes to previous Accounts
No changes have been made to ac¢ounts for the previous years.
2. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied
consistently throughout the year.
2.1 Income
All income is included in the statement of financial activities when the charity is entitled to the income and the
amount can be quantified with reasonable accuracy. The following specific policies are applied to particular
categories of income-
Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial
Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated
assets are included at the value to the charity where this can be quantified. and a third party is bearing the
cost. The value of services provided by volunteers has not been included.
Tax Reclaims are included in the SOFA at the same time as the gift to which they relate.
Grants, including grants for the purchase of fixed assets. are recognised in full in the Statement of Financial
Activities in the year in which they are receivable.
Income from investments is included in the year in which it is receivable.
Legacies are included when the charity is advised by the personal representative of an estate that payment
will be made or property transferred and the amount involved can be quantified.
2.2 Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred. Expendilure includes any VAT which
cannot be fully recovered and is reported as part of the expenditure to which it relates.
Expenditure is recognised in the year in which it is incurred.
2.3 Tangible fixed assets and depreciation
Tangible fixed assets are ststed at cost less accumulated depreciation. Depreciation is provided at rales
calculated to write off the cost less residual value of each asset over it5 expected useful life, on a straight-line
basis as follow5..
Equipment
2.4 Taxation
The charity is exempt from corporation tax on its charitable activities.

New Wine Cymru Limited
Company Registration Number.. 05054946
Registered Charity Number.. 1106303
3. Analysis of Income
This Year
Lastyear
General Gifts and Donations
Grants
Income from Actimties
Gifi Aid Reclaims
Other Income
Bank Interest
43,246
34,759
15,000
26,279
4,364
332
25,231
5,159
1,741
75,377
834
81,568
No income this year relates to restricled funds
4. Analysis of Expenditure
4.1 Charitable Activities Costs are as follows..
This Year
Lastyear
Wages. Salaries & Associated Costs
Cymtu Leadership Trust
Insurance
30,265
25,035
1,594
3,924
5.638
6,218
7,592
1,130
860
30.545
25,000
1,506
3.700
6,764
9,154
7,277
Rent, Rates, Light & Heat
Conferences
Administration Costs
Elent Expenses
Tra￿1 and subsistence
Subscriplions & Donations
Book Keeping & Accounting
Bank Charges
Depreciation
720
350
490
35
140
83,501
84.436
4.2 The financial value of volunteer time has not been included in the financial statements but forms a
crucial part of the success of the organisation.
5. Trustee Expenses
There were no trustee expenses reimbursed during this year or the previous year.
6. Audit & Accounting Fees
The accounting fees includes the fee for Independent Examination.
7. Staff Expenditure

New Wine Cymru Limited
Company Registration Number.. 05054946
Registered Charity Number: 1106303
7.1 Staff Costs include..
this Year
30.265
895
Last Year
29.650
895
Gross Wa
es & Salaries
Pension Costs
ind. ER NI
7.2 Number of Em
ees
This Year
Last Year
Full time em
ees
ore
uivalenl
No employees received emoluments in excess of £60,000
8. Grant making
£2000 was paid out as a donation to Cornerstone Church from unrestricted fund5.
9. Fixed Assets
Equipment
Total
Opening Balance Cost
ditions in Year
Disposals in Year
Closing Balance at Cost
5.372
5,372
5.372
5.372
Opening kcumulated Depreciation
Charge for sear
Released on Disposal
Closing NLcumulated Depreciation
5.337
35
5,337
35
5.372
5,372
Closing Net Book Value
No assets have been re-valued during this year or the previous year.
10. Debtors and Prepayments
Are broken down as follows..
This Year
LastYBar
Trade Debtors
Prepaymenls
Gift Aid
1,768
2.495
4,263
1,843
2,164
4,007
11. Creditors and Accruals

New Wine Cymru Limited
Company Regislration Number.. 05054946
Registered Charity Number: 1106303
Amounts falling due within 1 year are as follows..
This Year
Lastyear
Trade Creditors
Defe￿ed Income
8.850
1.722
403
13,053
1,721
Accruals
PAYE
10,975
14,774
12. Transactions with Related Parties
12.1 Remuneration and benefits
No amounts were paid to Irustees as salary in this year or the previous year.
12.2 Loans
No loans were made to the trustees or related parties during this year or the previous year.
12.3 Cornerstone Church
Sarah Richards (the wife of Julian Richards) is the senior leader of Cornerstone Church.
Cornerstone church provides office facilities to New Wine Cymru at a cost of £3,540 {£3.700
for 20231. The charity also made a gift of £2,000 to Cornerstone Church in this year.1£2,000
in 20231
12.4 Cymru Leadership Trust
Julian Richards fulfils the role of National Leader of New Wine Cymru. Payment of £25,035
(£25.000 in 2023} was made to Cymru Leadership Trust {of which Julian Richards is an
employee), in recognition of his time commitment and other expenses from his role in New
Wine Cymru.
13. Funds Analysis
Analysis of funds for the year are as follows..
Fixed
Asset
Fund
Income Ewendiiure Transfers Transfers
Balance
blfvd
Balance
c￿d
Restrlcted Funds:
Filming and Media
Mat1(eting and Comms
Apostolic Leadership Devèlopment
3.238
8,800
5.000
3,238
8.800
3,440
1.560
17.038
1,560
15,478
Unrestricted Funds
40.278
75,377
83,941
31,714
Total Funds
57.316
75,377
85,501
47.192
14. Additional Disclosures
There are no further disclosures for this year.