Company registration Tjumber.. 06419207 Charity registration number: 1122847 The Vine Community Centre Ltd (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 D¢¢emb¢r 2024 Coinmuiiily Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL
The Vine Community Centre Ltd Contents Reference and Administraiive Detsils Trustees, Report 2105 Ind¢pendent Examiner's Report Statement of Financial Activities 78 Balan¢¢ Sheet Notes to the Financial Statements Ioto 18
The Vine Community Centre Ltd Reference and Administrative Details Trustees Clive Burrows Geraldine Ransford-Kilpatrick Dennis Palmer Secretary Rob Bird Senior Management Team Robert Bir(L Centre Manager Charity Registration Number 1122847 Company Reglstration Number 06419207 Registered Office The Vine Community Centrc Bobbers Mill Road Hyson Green Nottingham NG7 5GZ Independent Examiner John O'Bricn, cmploycc of Community Accounting Plus Units l & 2 North Wesl 41 Talbot Slrcel Nollingham NGI 5GL Page I
The Vine Community Centre Ltd Trustees, Report The trustces, who ar¢ dir¢ctors for the purposes of company law, present th¢ annual report logeth¢r wilh the financial ststements of the charitable company for the year ended 31 December 2024. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Trustees.. Clive Burrows Geraldine Ransford-Kilpatrick Ana Paula Teix¢ira {signed 19 February 2024) Dennis Palmer Mark Ransford-Kilpatrick (resigned 10 September 2024) Secretary: Rob Bird Structure* governanee and management N4lure ofgoverning document The charity is a company limited by guardntee and registered charity. It is operated under the rules of its memorandum and articles of association dated 6 Nov¢mbcr 2007 and most recently amended 12 March 2008. 11 has no share capital and the liability of each member in the event of winding-up is limited to £ l O. Re¢rMitment and appointment oflrus'te¢s Pol¢nlial Iruslees Éire asked lo provide a short paragraph on themselves, which is PTesenled lo the Iruslees. Trustces will then invite new members lo join a meeting ol the trustecs where they will be able to get to know the purpose of the charity. If both parties are still inclined, new members are invited io join th¢ board on a 3 month probation period. After 3 months, if both parties are inclined, new members ar¢ recognised as full tnlstces and membcrs added lo charity commission and companies house. The trustees are supported by the Centre Manager. The trustees are elecl¢d lo serve for 3 ycars, after which they must be re-elected. The trustees have a wide range of knowledge of the local area, lived experience of the issues raced such as mental healih issues. caring for older people with poor health, having physical disabilities, living on low inLomes and experien¢e of working in or with the voluntary seclor. Where we find skill or knowledge gaps, individuals can be approached lo join the board of trustees. Where we find skill or knowledge gaps. individuals can be approached to join the board of trustees. Objeetlves and actlvltles Objects and oims The Vine Community Centre's purpose is to further the social and cultural welfare and wellbeing of the omtnunity of Hy50n Green and the wider community of Nottingham City. Our vision i5 based on enhancing life and wellbeing through carefully designed projects and partnership working to provide an holistic and meaningtul service and to promote ihe positive attributes Ihat make up Hyson Green. Page 2
The Vine Community Centre Ltd Trustees, Report The centres main atm is to contribute to the lives of local people through a range of services offer¢d. We provide purposeful social space to help support community cohesion ihrough activities and projects that meet thc needs of local people, prornoting trust, respect. en)powernient and celebrate diversity. heritage and soctal integration. Family development through activities and groups to support children and challenge inequality. Objeetives, slrategies and activilies Room hire to charitics and organisations from across the city who Inirror our aiins for the local area. Working with partncrs such as Into University. Framcwork Housing and Sniall Steps Big Changcs. The Vinc Comniunity Centre runs projeels to support mental hcalth and wellbeing.. o Freeing Minds mental health support is a I: I talking therapy scrvice for ovcr 18s. o Beme Women's group is designed for Ih05e with m¢nlal health difficvliic.4 who have little to no support nctwork. Dc.%lgFncd to boost confideiice. self<steem and undcrpin copiiig mechanisins learnt ihrough the l.. I therapy process. Open House (antelpostnalal mental health group for mothers) giving mothers a safe place to explore parenthood and the effects of mental health. Coco cliib is a byroup for older people from across the city, promoling wellness and reduced isolation. Seated cxcrcis¢, siipporting oldcr peopl¢ to access exercise, dcsigncd for older peoplc. Thesc scssions are dementia friendly and incorporate memory games. PubliL. benefil All groups held at The Vine. or by The Vine, are to promote mental health and wellbeing, education and lifelong learning. Every activity is designed and led by the community. Foliis on mental health and wellbeing is a key foundalion people achieving and the success of Ihe centre. its parlners and the users. The trustees confimi that they have complicd with the requirements of section 17 of th¢ Charilies Act 201 I to have due regard to the public benefit guidance publishcd by the Charity Commission for England and Walcs. Page 3
The Vine Community Centre Ltd Trustees, Report Achlevements and performance 2024 saw our doors open to over 5.500 individuals coming to support. social inclusion activities, mental healththealth support. skilviraining and education. Freeing Minds saw a rise in referrdls and we recruited a student therapist to support the project. Freeing Minds provided 565 hours of dedicated I: I therapy and support lo clients with an additional 120 hours of group peer support session Ihrough Beme Womens peers support and Open House. anle/poslnalal peer SUPPOTI. 95.50/0 saying they ar¢ b¢ttcr ablc 10 dcal with/cope with lif¢ going fonvard and day-loaY issues in a posilive way Ihroiigh the use of coping mechanisms learnt through the sessions. Older people support group, Coco Club, has deliver 47 sessions to 58 individuals over the year. The group has an average attendance of 33 pcr wcck. We worked with other organisalions on a variety of projects. New Art Exchange provided a 4 week "Behind the wall" (lrt projeLI, culrninating in a murdl on the Hyson Green market place. This project plans to rake a seLond stage in 2025. We have albo worked with th¢ mini poliLe and Si Mary's school on cross generalion aLtivilies. S¢at¢d exercise has continued to grow in numbers and a s¢¢ond class is being planned to start early 2025. The completion of a new elassroom was greatly received in the summer of 2024 and has been utilised well. Dedicated advertising for Ihe room saw a rise in new users. Around Again saw a significant rise is users. servicing over 800 families with a range of baby items and support to families. Thit> projeLt will be Llosing at the end of the first quarter of 2025. We have worked alongside 9 volunteers over 2024 who gav¢ an impressive 879 hours of their time lo support the centr¢ and ils projects. Giving an in-kind equivalent total of £10.548. Flnlncial revlew 2024 was a difficult year. With cuts from City Council funding in April meaning we lost several long-tern] bookings contracts coming io an end with Hcalth services the centre saw a drasti¢ downturn in incomc in just a few weeks. Overall the centre has managcd io mitigate well. With this in mind, the centre has been in a position to plan and rearrange the way we run. Planning into 2025, and the loss of a long tern] tenant in the first quarter. we made significant inveslment in th¢ centre by Lreating a new classroom which Iallh¢d in July 2024. Policy on reserves Financial reserves policy is reviewed annually. 6 months expenditure is targ¢ted with a minimum 3 months expenditure set. Board members will agree on any expenditure from reserves. Reserves are currently set at £20,000. Principal risks uncertainties Challengingfunding climate Long term funding is a ditriculi process for small charities. Sn]all "pot" funding is generally given for direct Project support and so it can be diificult lo find ndS to cover the ivorkforce or project overheads. The building needs constant work and repair. With leaking roofs. blocked drainage and a sub-par heating system. Th¢ heating for the centre is very expensive to run and maintain. The system is not sufficient to heat the building and groups have been know lo leave early because of this and we have had to close rooms and cancel groups due to leaks and heating. Page 4
The Vine Community Centre Ltd Trustees, Report Statement of Responsibilities The trustees (who are also ihe directors of The Vine Community Centre Ltd for the purposes of company law) are responsible for prepaTing thc trustees, Teporl and the financial staiemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicc), including FRS 102 "The FinanLial Reporting Standard applicable in the UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law rcqiiircs thc trusiccs lo prepare financial stalcmcnts for cach financial year. Under coinpany law the trusl¢¢s musl not approvc thc financial slatcmcnls unless they arc salisficd that tl)ey give a true and fair view of the state of affairs of thc chariiablc company and of thc incoming rcsourccs and application of re.sources, including its income and exp¢ndilure, of the charitable company for thai p¢riod. In prcparing thc.%c financial statements, the trustees are required to: select suitablc accounting policies and apply them ¢onsisl¢ntly' observe the methods and principles in the Charities SORP. make jiidgemenls and estimales that are reasonable and prudent. slate whelhcr applicable accounting standards, comprising FRS 102 have been followed, subject to any material d¢partures disclosed and explained in the financial staicments; and prcparc thc financial statemcnts on the going concern basis unless it is inappropriale lo presume that the charitablc company will continue in business. Thc trustees ar¢ respon,giblc for kccping propcr accounting rccords Ihal can disclosc with rcasonablc accuracy at any time the finanLial position of the Lharilable company and enable them to ensure that Ihe financial slatements comply with the Companie% Act 2006. They are al%0 responbible for bafeguarding the a55ets' of the charitable company and hence for takin¥ reasonable sieps for the prevention and delection of fraud and other irregularilies. Small Companies provision statement This report has been prepared tn accordance with the small companies regime under the Companies Act 2006. The annual report W&8 approved by the Irustees of the charity on10 zsand si8ncd on its bchalf by: Clive Burrows Trustee Page 5
The Vine Community Centre Ltd Independent Examiner's Report to the trustees of The Vine Community Centre Ltd {'the Company,) Independent examiner's report to the trustees of The Vine Community Centre Ltd ('the Company,) report to the charity tnte¢S on my examination of the accounts of the company for the year ended 31 December 2024. Responsibilities and baslg of report As the charity's trustees of the Company (and also its directors for the putposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('Ihe 2006 Acl.). Having satisfied myself that the accounts of the Company are nol required io be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under scction 145 of the Charities Act 2011 ('the 2011 Acl.). In carrying oul my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's staternent I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believ¢ that in any material respect: accounting records were not kepi in respect of the Company as required by section 386 of the 2006 Aci; or 2. Ihe accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requiremenl Ihat the a¢Lounis give a 'true and fairf view which is not a matter Lonsidered as part of an independent examination: or 4. the accounts have noi been prepared in accordance wilh the methods and principles of ihe Sialement of Recommended Praclice for accounttng and reporting by charities [applicable to charities preparing their accounts in accordance with thc Financial Reporting Sthndard applicable in the UK and Republic of Ireland (FRS 102}]. I have no concerns and have come across no other matters in connection with Ihe examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. en MSC, FAIA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Jndependeni Examiners Units l & 2 North West 41 Talbot Sireel Nottingham NGI 5GL 2910712025 Page 6
The Vine Community Centre Ltd Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2024 Total 2023 Unrestricted Restricted Note Income and Endoivments from: Donations and legaLies Charitable activities Investmcnt income 205 97.185 139 205 169.533 139 2,005 189,028 105 72.348 Total Incom¢ 97.529 72.348 169.877 191,138 Expenditure on: Charitabl¢ activities {82,084) {100.282) {182.366) (193,881) Total Expenditure (82.084) (100.282) (182,366) 193,8111 Nei incomel(expendilure) Transfers bctwccn fund5 15.445 (11.728) (27,934) 11,728 (12,489) (2,743) Net movement in funds 3,717 {16.206) (12,489) {2,743) Reeonelllatlon of funds Total funds brought forward 29.787 40,177 69,964 72.707 Total funds carried forward 12 33,504 23.971 57,475 69.9C)4 All of thc charity's activities derive from continuing operations during Ihe above two Periods. Thc funds brcakdown for the period is shown in note 12. The notes on pages 10 to 18 forni an integral part of these financial statements. Page 7
The Vine Community Centre Ltd Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the prevlous accounting period And are included for comparative purposes Unrestricted Restricted Total funds fund$ 2023 Note In¢ome and Endowments from: Doiialions and IcgaLleS Charitablc activities Inveslm¢nt income 2.005 89.981 105 2,005 189.028 105 99,047 Total income 92.091 99,047 191.138 Expenditure on: Chariliible activities (128.155) 65.726) 193,881 Total expenditure (128.155) (65.726) {193,881) Net (expenditure)/in¢om¢ (36.064) 33.321 (2,743) Net movement in funds (36.064) 33,321 (2.743) Reconciliatlon of funds Total funds brought forward Total funds carried forward 65.851 6,856 72,707 12 29.787 40,177 69.964 The notes on pages 10 to 18 forni an integrnl part of these fanCIal 5tatem¢nts. Page 8
The Vine Community Centre Ltd (Registration number: 06419207) Balance Sheet as at 31 December 2024 2024 2023 Note Flxed assets Tangible &8sets 23,666 30,348 Current a$$et$ Debtors Cash at bank and in hand 11.258 42.408 13,542 42.780 53,666 56,322 Credltors: Amounts falling due within one year 10 19,857 16,706) Net eurrent assets 33,809 39,616 Net assets 57.475 69.964 Funds of the charlty: Restrl¢ted ineome funds Restricted tunds 12 23,971 40,177 Unrestrieted income funds Unrestricted funds 33,504 29,787 Total funds 12 57,475 69,964 For the financial year ending 31 Dcccmber 2024 the charity was entilled to excmption from audil under s¢ction 477 of thc Companies Act 2006 rclaling lo small companies. Directors, re8ponsibilities'. The membcrs have not required the charity to obiain an audit of its accounts for the year in question in aLL'ordanLe with 8e¢lion 476; and The directors acknowledge their responsibilities for complying with the requirements of th¢ Act with respect to accoiinling records and the prepardtion of accounts.. These financial slal¢m¢nts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companics Act 2006. ancial slatcmcnts on pages 7 10 18 were approved by the trustees. and authorised for issue on . and signed on their behalf by: Dennis Trn5tee The notes on pages 10 to 18 forni an integral part of these financial statements. Page 9
The Vine Community Centre Ltd Notes to the Financial Statements for the Year Ended 31 Decernber 2024 l Accounting pollcles Summary of significant aecounting policies Ydnd key aceounting estinte5 The prinuipal accounting policies applied in the preparation of these financial statemen15 are set out below. These policies have been consistently applied to all the years presented. unless oiherwise stated. Statement of Compliance The financial stat¢menls have been pr¢par¢d in accordance with Accounting and Reporting by Charlties: Statement of R¢¢ommended Practice (applicable lo charitics preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ircland (FRS 102)) (issued in Oclober 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparatio The Viiie Community Centre Ltd meets Ihe definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognis¢d at hislorical cost or transaction value unless oiherwise stat¢d in the relevant accounting policy nole5. Going eoneern The financial statements have been prepared on a going concern basis. The trustees assess wh¢th¢r the use of going con¢ern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the abilily of the charity to coniinue as a going Concern. Thc trustccs makc this ass¢ssm¢nt in respect of a period of on¢ year from the date of approval of the financial slalements. Exemption from preparlng a cash flow statement Under th¢ exemption availiible lo smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flow5 Wlthin the financial statements. Income and endowments All material incomlng resources have been included on a rcc¢ivabl¢ basis - i.e. they are includcd if the date receivable falls within the period covered by these accounis. Donalions and legacies Donations are reco8nised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to condition5 that require a level of performance by the charity before the harity is entitled to the funds. the incom¢ is deferred and not recognised until either th05e conditions are fully ct, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Page 10
The Vine Community Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 Taxatlon The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meels the definition of a charitable company for UK corporation lax puryjoses. Accordiiigly. the charity is potentially exempi from taxation in respect of income or capital gains received withtn categories overed by ChapteT 3 Part I l of the Corpordtion Tax ALt 2010 or Section 256 of the Taxation of Charg¢able Gains Act 1992, 10 the extent thal such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed asscls costing £500 or more are inTtially recorded at cost, less any subscquenl accumulaied depreciation and subscquent accumulated impainTJent losses. Depreciation DepTcLiation 18 calculated to write down the cost or valuation, less estimaled residual value, of tangible fixed a8sets over their ¢xpe¥ted useful lives on a straight line basis. Assct Class Lcascliold land & buildings Fixtures & fittings General equipmcnt Computcr cquipment D¢prcclatlon rate rciiiaining ycars of Icasc 3 ycars straight lin¢ Trade debtors Trnde debtors are amounts due from customers for merchandise sold or services perfornjed in the ordinary course of business. Trade debtors are recogniscd initially at thc transaction price. Thcy arc subsequently Ineasur¢d at amortised cost using the cffcclivc intcrcst mcthod, Icss provision for impainncnt. A provisioii for the impairnicnl of tradc debtors is e.glablish¢d when thcrc is objcctivc cvidcncc that thc charity will not be able to collcct all ainounls due according to Ihc original lenns of th¢ rc¢eivable5. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-terni highly liquid investmenls that arc readily convertiblc lo a known amount of cash and are subject lo an insignificant risk of change in value. Fund structure Uiircstrictcd income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restri¢tcd lo that area or purposc. Penslons and other post retlrement obllg8tlons The charity operates a defined contribution pension scheme for employces. The assets of the schcme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year. Pagell
The Vine Community Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 2 Income from donations and legacies Unrestricted funds General Total 2024 Total 2023 Donaiions and legacies. Donations from individuals 205 205 2,005 205 205 2,005 3 Income from charitable aellvllles Unrestricted funds General Restricted funds Total 2024 Total 2023 Grants & donations Fees 72.348 72.348 99.047 1.500 82,810 5.417 254 Room hire Services Sundry income 44,834 52.351 44.834 52.351 97.185 72.348 169,533 189,028 Page 12
The Vine Community Centre Ltd otes to the Financial Statements for the Year Ended 31 December 2024 4 Grrdnts & donations Unrestricted funds Restricted funds Total The Henry Smith Charity Garfield Weston Foundation AW Lym CRS Sundry donations 50.000 20.000 800 500 1,048 50,000 20.000 800 500 1,253 205 205 72.-348 72,55.3 5 Investment Income Unrestricted funds General Total 2024 Total 2023 Interest receivablc and similar income" Interest receivable on bank dcposils 139 139 105 Page 13
The Vine Comrnunity Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 6 Expenditure on chydritable activities Unrestrlcled funds General Restricted funds Total 2024 Total 2023 Bad debts Bank charg¢s Cleaning Depreciation Equipmenl, repairs & renewals Fundraising & publicity Ho%pitality InsuranLe Legal & professional IT. software & support Premis¢s maintenanc¢ Printing & stationery Staff training & expenses Sundry & other payments Telephone, internet & postage Travel Ulililics Volunteer expenses Wages, NI & pension Waste disposal Events, sessions & activities Rent & services Project work 215 282 1.183 12,366 11,930 2.894 1.030 4,116 5,777 252 638 6.682 6.760 343 350 3.581 1.634 432 252 651 6,682 7.192 1.573 ,129 3,581 1,634 432 13 432 1,230 779 24.411 540 1.998 21 24,411 858 4,564 43 19.622 2,934 10.926 124 318 2,566 22 2,002 1,636 25.374 350 76,852 1,962 11,636 670 io 105 250 205 86.435 115 25.773 640 92,908 1,581 6,320 25.523 435 6,473 1,581 70 6,250 350 1,677 2,027 82,084 100.282 182,366 193,881 7 Staff costs The aggregate payroll costs were as follows: 2024 2023 Staff costs during th¢ year were: Wag¢s aiid salaries Social security costs Pension costs 89.532 543 2,833 74,015 726 2,111 92,908 76,852 Page 14
The Vine Community Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 The monthly average number of persons (including senior management team) employed by the charity during the year was as follows.. 2024 No 2023 Average number of einployees 5 (2023 - 4) of the above employees participated in Ihe Defined Contribution Pension Schem¢s. Contributions to th¢ employee pension schemes for the ycar tolallcd £2,833 (2023 - £2,111). No einployee received emoluments of more than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £29.034 (2023 - £26.526). 8 Tangible fixed a$set5 Leaseh(Jld land & bulldings Flxlures & rittings Computer equlpment Total Cost At l January 2024 121,675 13.170 10,919 145,764 At 31 December 2024 121.675 13.170 10.919 145,764 Depreciatlon At l January 2024 Chargc for the ycar 92,706 5,793 11,791 889 10,919 115.416 6,()82 At 31 Dccember 2024 98,499 12,680 10,919 122,098 Net book value Al 31 December 2024 23.176 490 23,666 At 31 Dcccmber 2023 28,969 ,379 30,348 9 Debtors 2024 2023 Trade debtors Prepayments 5.050 6,208 8,536 5,006 11.258 13.542 Page 15
The Vine Community Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 10 Credltors: amounts falling due within one year 2024 2023 Other ¢reditors Accruals Deferred income 1.140 1.014 3.245 12,447 12.673 19.857 16,706 11 Charity status The charity is a company limited by guardnlee and consequently does not have share capital. EaLh of Ihe truslees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. 12 Funds Balance at 31 December 2024 Balance at I January 2024 Incoming resources Resources expended Trydnsfers Unrestrl¢ted funds General General fund 29,787 97,529 (82,084) (11.728) 33,504 Restricted funds Fund¢d wages Open House Coco Club Core costs Green Spaces Freeing Minds Around Again 33,663 1.796 2,770 154 70,000 (95.134) (185) (4,152) 12,000 20,529 1.611 966 2.348 (154) (118) 1,638 38 (811) 827 38 Total restrieted funds 40.177 72,348 (100,282 1,728 23,971 Total funds 69.964 169,877 (182,366) 57.475 Page 16
The Vine Community Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 The specific purposes for which the funds a to be applied are as follows: Around Again funding to support families to access essential baby itcms and engage famtlies in activities for undcr 4's. Coco Club various grants given for the running of the project for over 55's. Including activities. trdvel and seated exercises. Freeing Minds - grant for project costs for mental health services and aclivilies. Gr¢¢n spaccs - a project to support menlal health through the use ofgreen spaces and gardening. Fund¢d wages - multiple grants lo cover staffing costs. Open Housc - as part of our Freeing Minds therapy project. we relaunched Open House ¢0 support mums with antelpost-nalal mental health. Corc costs - grant to .%upport the Core costs of The Vine. Grant was uscd to support fundraising and cngagcmcnt. There also the following restricted funds in the previous year: Bike Revival partnership projeLt with Women in Tandem to get local people cycling, InLludes bike maintenance course, Dr Bike days and bike ride. iiipmenl - funding lor equipment to support centre users. The transfer from Ihc General fund to th¢ Funded wagcs fund is to corr¢¢tly allocatc costs in this fund. Thc transfers from thc Green Space and Corc costs funds io Ihc Gcncral fund rclate to aclivilics whicli have ceascd, and the rel¢ase of any restrictions on the use of Ihese funds. Balance at 31 December 2023 Balance at I January 2023 Incoming rc50urces Resources ¢xpcnd¢d Transfers Unrestrlcted funds General General fund 65,851 92,091 (128,155) 29,787 Restricted Bike Revival Funded wa¥es Open Hoiise Coco Club Corc costs Equipment Green Spaces Freeing Minds Around Again 1,800 45,000 2,182 26,865 16,700 3.000 (1.800) (29.5251 (386) (20,214) (4,546) (3,000) (14) (4.741) 1.500 18.188 33.663 1,796 2,770 154 2,119 (6,000) (12.000) 132 4,567 38 118 1.638 38 2.000 (188) Total restricted funds 6.856 99.047 (65,726) 40,177 Total funds 72,707 191,138 (193,881) 69,9CA Page 17
The Vine Community Centre Ltd Notes to the Financial Statements for the Year Ended 31 December 2024 13 Analysis of net assets between funds Unrestricted funds Restricted Total funds Tangible fixed assets Current assels Current liabilities 23.666 29,695 (19,857) 23,666 53,666 (19,857) 23,971 Total net ass¢ts 33,504 23.971 57,475 Unrestricted 2023 Total funds General Restricted Tangible fixed assets Current assets Current liabilities 30.348 16.109 (16,670) 30,348 56,322 (16,706) 40,213 (36) Total net assets 29.787 40.177 69,964 14 Fees PayAble to independent examlner 2024 2023 Lndependent examination 950 845 950 845 15 Taxation The charity is a registered charity and is therefore exempt from tsxation. 16 Trustees remuncrallon and expenses No Irustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 17 Related party transydctions There were no related party transactions in the year. Page 18