REGISTERED COMPANY NUMBER: 06669648 (England and Wales)
REGISTERED CHARifi NUMBER: 1125701
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024
FOR
CARDIFF VINEYARD
Bevan Buckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA

CARDIFF VINEYARD
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Page
Reference and Administrative Details
Report of the Trustees
2 to 6
Independent Examinerfs Report
Statement of Financial Activilies
Balance Sheet
Cash Flow Statement
10
Notes to the Cash Flow Statement
11
Notes to the Financial Statements
12 to 20
Detailed Staternenl of Financial Activities
21 to 22

CARDIFF VINEYARD
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 30 JUNE 2024
TRUSTEES
B D Rankine
J G Rankine
J J B Hargreaves
R W Kissick
Mrs S J Boltman
COMPANY SECRETARY
B D Ranknne
REGISTERED OFFICE
The Gale
Keppoch Street
Cardtff
CF24 3JW
REGISTERED COMPANY NUMBER 06669648 (England and Wales)
REGISTERED CHARrrY NUMBER
1125701
INDEPENDENT EXAMINER
Bevan Buc￿and LLP
Ground Flmr Cardigan House
Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA
Page 1

CARDIFF VINEYARD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
The trustees who are also directors of the charity for the purposes of the Companies Acl 2006, present their report with the
financial statements of the thanty for the year ended 30 June 2024. The Iruslees have adopted the provisions of Accounting
and Retjorting by Chariknes.. Statement of Recommended Practice applicable to charities preparing Iheir accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1
January 20191.
REPORT OF THE TRUSTEES
The Trustees of Cardiff Vineyard {"the Church.) present their report and unaudite(l finanual statements for the year ended
30 June 2024.
The Trustees confimi that the Annual Report and financial statements of the Church comply with the current statutory
requirements, the requiremenls of the Church's goveming document and the provisK>ns of the Statement of Recommended
Practice {SORP), applicable to charities prepanng their accounts in ac(x)rdance wtlh the Financi81 Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2015)-
Since the Church qualifies as small under section 382 of the Companies Act 2006. the strategic report required of medium
and large companies under The Companies Act 2006 (Strategic Rep£￿ and Directorfs Report) Regulations 2013 is not
required to be presented.
Structure Governance and Mana
ement
Cardiff Vineyard is a registered charity, charity number 1125701, incorpK)rated on 11 August 2008, duly consliluted by
means of its Memorandurn and Artides of Association and operating as a Churth. The Church operates in the Untted
Kingdom of Great Britain and Northem Ireland and supports members overseas on a woAdwide basis.
Cardiff Vineyard is a company limited by guarantee as well as a registered charity. and under company law the Tnjslees of
the Charity are the Directors of the charitable (xjmpany.
The liability of each Trustee in the event of a winding up is limited tr) £10. The day to day running of the Church and
operational decisions are delegated to the pastoral and administrative staff led by
J.G. Rankine. J.G. Rankine is also a Trustee.
The Trustees meet at least three times a year and are resp(￿sible for making the major decisions relating to the running of
the Church. These decisions include approval of the annual budget and any agreements material to the financial position of
the Church.
intment of Trustees
New trustees are appointed when appropriate. Suilable carKlidates. who are generally (but not exclusively) selected from
within the membership of Cardiff Wineyard. are considered on the basis of their skills, experience and understanding of the
aims of the Church. New trustees have the opportunity of reviewing appropriate documents including the accounts and
meeting wilh pastoral and administrative stsff as part of their induction pr￿eSs. Currenl trustees are listed on page 3.
Ob'ectives & Activities
The objectives of Cardrff Vineyard are=
The adVan￿ment of the Christian fatth induding missionary activities in the United Kingdom and overseas and including,
but not limited to, the planting of new Churches and organisations of congregations.
- The relief of the poor and needy, and those who are aged or sick.
Review of activities
Achievements and perfomiance
The advancement of the Christian faith induding missionary activities in the United Kingdom and overseas and also
induding, but not limited to. the planting of new Churches and organisations of congregations.
Page 2

CARDIFF VINEYARD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
Over the last year Cardiff Vineyard has continued with its vision of being a mulb-site church for Cardiff 8nd the surrounding
area. We have three different locations across the city for our four Sunday services. A moming and evening setvice runs at
the Central site which meets al The Gate in Plasnewydd. Our North site meets at Hawlhom Primary School in Llandaff North
and our West has relocated ils Sunday semces to Fttzalan High School in Leckwith.
The church has continued to grow, and we have seen an increase in the number of people who would see themselves as
members of Cardiff Wineyard. We now have in the region of 650 adutts and 250 under 18s who connect with the church on a
regular basis, attending Sunday ServI￿S as well as joining a variety of other activities and events.
Some of our growth in numbers has been as a resutt of Christians who have left other churches and found a home with us.
whilst many others who have joined us have been those who are new to the Christian faith. We have continued lo run Apha
courses in different locations across Cardiff. Apha gives people an opportunty to explore the Christian faith in a relaxed and
accessible setting and, of those who attend, a porbon tend lo become integraled into the churth afler the course finishes.
Over the last twelve months we have accelerated our planning towards the aim of planting a new expression of our Vineyard
Church in Blackwood, on the back of discussions we have had with an existing church in the town who have proposed we
use their building to host a congregation ourselves. We aim to launch this new community in early 2025. We have continued
to SUPPOrt Pernbs Vineyard which is based in Haverfordwesl and that we planted in April 2021. We have also established a
new Farsi-speaking (x)mmunity of believers who meet regularly to worship and pray together in their native tongue.
Cardiff Vineyard continues to have strong ties to a range of different churches. We relain our partnership with the
Association of Vineyard Churches in Kenya, providing mentoring for pastors in the country. Closer to home, we continue to
collaborate regulady with other Vineyard thurches across the UK and I￿land (VCUKII as well as other local churches in
Cardiff, including the ecumenical group of volunteers we have assembled as part of the running of our Ty Adfer House
project
The relief of the poor and needy, and those who are aged or sick.
The church continues to its 'Restore' ministries, with an array of different projects which are dedicated to providing
practical supFK>rt and relationship lo those facing hardship in the city-
We continue to operate the Ty Adfer House. in partnership wilh Green Pastures. which provides supported living for men
who are recent prison leavers. The house can accomm￿ale up to five residents and Ihe project continues to fulfil Ihe vision
of being a home where the residents are atAe to tske the nexl steps to tuming their lives around in a safe environment which
is underpinned by a holistic approach to Ihe supwrt offered.
We also continue lo run our Growbaby proiecL which runs Iwo weekly stay-and-play sessions at St John's Church in
Fairwater on Tuesdays and at The Gate in Plasnevrydd ¢)n Fridays. These sessions a￿ part of the project's wider aim of
supporting vulnerable families and single parents in the early stages of parenting. We o)nlinue to provide practically with the
collecb'on and distribution of essential items to dozens of families who would otheThvise go without.
We also conlinue to operale The Gate Food CoQp, which provides for families struggling finanually and tackles food
poverty with a subsided weekly food shop for the price of £4. Our team of volunteers has grown over the last twelve months
and we are now able lo offer more relational support to the shoppers who spend time in the Welcome Cafe that runs
adjacent lo the shopfloor.
We are in the eady stages of establishing a new Restore project wilh the introduction of a 'DIY Taskft)rce, with teams helping
vulnerable families, known to us through the Growbaby and Food c(￿0p projects, wtlh tasks such as redecorating,
gardening and cleaning.
The advancement of education.
We continue to run a varied programme of small gr￿p$ - gatherings of 8-20 people which meet usually in people's homes
on a midweek evening in multiple loG8tions across Cardiff as well as several other kThl towns 8nd villages. These small
groups give attendees the opportunity to study the Bible loJether and leam together. Part of the small group programme
includes courses such as those dedicated spectfically to parenting, marriage preparation, discipleship and money
management. Our Youth ministry continues to run small groups for children aged 11-18 during term times and Ihe numbers
attending have grown again in the last twelve months.
Page 3

CARDIFF VINEYARD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
We continue to 8Ct as a 'Leadership College. campus in conjunction wilh the VCUKI initiative. A new cohort of students
started in September 2023 and completed their 10 month programme of leadership training. We also continue lo run an
intem programme for those in the church who wish lo vOlunt￿r time to support pasloral staff and these intems receive
ongoing training, including the regular staff CPD sessions.
Such other charitable objects and for Ihe benefit of such other charitable bodies and institutions as the committee sh811 at
their absolute discretion see fit
We are a church committed to working in partnership Trmth other thurches and charitable organisations. In the last year we
have continued our long-standing connection with Oasis Cardrff wtlh particular f(￿uS on support and guidance for refugees
and asylum seekers. We continue to support the charity Rainbow of Hope in their work with the homeless and
vulnerably-housed community and work with them on our own outreach lo this cohort. We continue lo support Cardiff
Foodbank, who have kindly provided our Growbaby project with some storage, and we collaborate with them, as well as the
Dusty Forge project in Caerau Ely, for our Fo¢xl Co-op project. We also continue to provide finanual support for charitable
organisab'ons such as the 'Love the One, project supporting street children in India, The Message Wales who work with
young people from chaotic backgrounds. Ambassadors for Football which is an evangelistic organisalion offering outreach
to young people in Wales through football. ar)d FuSic￿. the organisation ded￿ated to supporting Students in their university
years.
Financial performance
The financial statements presented show a nel deficit for the year of £15.420 (defiat in 2023..
£17,614). Funds brought forward lotalled £279,551 plus the surplus for the year result in total funds carried forward into the
2024125 financial year of £264,131 of whith £11,668 are restricted fvnds.
Membership and attendan￿ have remained stable and shown some signs of growth in some of our Sunday locations and
congregations. The core membership has continued to provide financial support through regular, monthly giving as in
previous years.
The decrease in income during the ye8r of £94,974 has been offset by a decrease in expendtture of
£97.168 from the previous year and ￿ntrIbuteS to a decrease in cash balances to £165.23412023:
£230.9911.
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Church has adequate resources to
continue in operational existen￿ for Ihe foreseeable future.
The Trustees have also considered the risks to the sKJing concem assertion and have modelled several potential scenarios
where income falls for a temporary or sustained period. It largely maintained its membership and income during the
pandemic period and has continued to grow throughout the year.
Most of the Church's income is derived from regular donations vthich tske pla￿ through stsnding orders or Give As You
Earn donations. Further income is received via conlributions to the wages of Church staff by Vineyard Churches UK &
Ireland (VCUKI) for roles perfomied natsonally.
The church'5 Cost base is predominantly composed of staffing costs, wtth smaller elements relating to mortgage payments
and direct expenditure on its activities. Short-trpmedium tem) cost pressures can be relieved by reductions in direct
expenditure,. in the longer-temi. sustained falls in incx)me may be mitigated ultimately by a reduction in staffing.
As such, Ihe Trustees have adopted the going concem basis in preparing the financial statemenls. Further details regarding
the adoption of the going concern basis Can be found in the Accounting Policies.
Reserves Policy
The Trustees have examined the Church's requirements for free reserves in the light of the predominant risks to the Church.
The main risk is identified as a reduclion in the Church membership giving rise to a reduction in income.
Page 4

CARDIFF VINEYARD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
The Trustees also reviewed the Reserves policy in ligm of 8 mortgage offer from Kingdom Bank with 8 view lo purchasing
The Gate, which required the total held in reserves io no lower than £83,000. This total is less than the amount held in
reserves al 30th June 2024.
At 30th June 2024 reserves amounted to £264.131 of which £11,668 are restricted fvnds, see note 7.. {2023'. £279,552, of
which £27.708 were restricted funds). Total reseNes are expected tr) vary in future periods in line with Church expenditure
and membership levels.
Total free reserves at 30th June 2024 are higher than the requirement of the reserves polity. The Trustees will continue to
build cash balances to support adherence to the policy and expected activity for the folk)wing year. Cash balances held at
30th June 2024 totalled £165.234 (2023= £230.991).
Rlsk Management
The systems of inlemal control a￿ designed to provide wsonable, bui rM)t absolute, assurance against material
misstatement or loss. They include:
la) an annual budget approved by the Trustees.,
Ib) regular (x)nsideration by the Tnjstees of finanaal reports"
Icl delegation of authority and segregation of duties-
Id} identification and management of risks.
A strategic risk register is maintained. and the Trustees regularly review the main risks that the Church
fa￿s, with periodic 'deep dives. on individual risks. They believe that maintaining the free reserves at the levels noted on the
statement of financial activities, combined with appropriate reviews of the controls over key financial systern., provides
sufficient resources in the event of unexpected adverse conditions. The Trustees are also of the opinion that adequate
systems are in place to mitigate any signific2nt matters arising from operational and business risks.
Summary
The Trustees consider that they have complied wilh section 4 of the Charities Ad 2006 and that the Church and its
membership are meeling the charitable objectives that were detem)ined when the Church was fomied. As it grows, it is
expected that the Church's community will have further oprK)rbJnities to increase ils activity and influence.
ststement of Trustees. responsibilities
The Trustees (who are also di￿￿or$ of Cardrff Vineyard for the purposes of company lawl are responsible for preparing the
Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting
Standards {United Kingdom Generalty Accepted Accounting Practi￿1.
Company law ￿qUireS the Trustees to prepare financial statements for each financial year which give a true and fair view of
the slate of affairs of the charitable company and of the incoming resources and application of ￿$Our￿$ for thal period. In
preparing these financial statements, the Trustees are required to:
- selecl suitable accounling policies and then apply them consistenuy.,
- observe the meth(K15 and principles in the Charities SORP {FRS 102)-
make judgments 2nd estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and
explained in the financial statements., and
prepare tre financial statements on the going con￿rn basis unless li is inappropriate to presume that the charitable
company will continue in business.
The Trustees are responsible for keeping adequate accounting recnrds that disclose with reasonable accuracy al any time
the financial position of the charitable company and enable them to ensure that the financial slalements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and the group and
hen￿ for taking reasonable steps for the p￿vention and detection of fraud and other irregulartties.
Page 5

CARDIFF VINEYARD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2024
The Trustees are responsible for the maintenance and integrity of the corporate and finanaal infom18tion included on the
charitable company's website. Legislation in the United Kingdom goveming the preparation and disseminats'on of finanaal
statements may differ from legislats.on in other iunsdicts"ons.
STRATEGIC REPORT
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing documenl
The charity is controlled by its goveming document, a deed of trust. and constitutes a limited CLJmpany. limited by guarantee,
as defined by the Companies Act 2006.
Report of the Iruslees, incorporating a strategic ￿pOrt, approve(J by order of the board of trustees, as the company directors,
on ............................................. and signed on the board's behalfby:
R W Kissick - Trustee
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CARDIFF VINEYARD
Independent examiner's report to the trustees of Cardiff Wineyard {Ihe Company.)
I report lo the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2024.
Responsibilities and basis of report
As the charitys trustees of the Company land also its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordan￿ vthh the requirements of the Companies Act 2006 Ilhe 2006 Acfl.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and
8re eligible for independent examination. I rewrt in respect of my examination of your charitys accounts as carried out
under Section 145 of the Charities Act 2011 Ilhe 2011 Acl'l. In carying cmjt my examination I have followed the Directions
given by Ihe Charity Commission under Section 145(5) Ib} of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I
am qualified lo undertake the examinalion because l am a member of the Associab'on of Chartered Certified Accountants,
which is one of the listed t#)Jies.
I have completed my examination. I confim) that no matters have come to my attention in connection with the examination
giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or
the accounts do not ac(x)rd wth those re(xirds,' or
the accounts do not comply with the accounting requirements of Section of the 2006 Act other than any
requirement that the accounts give a true and fair view ￿lch is not a matter cx)nsidered as part of an independent
examination., or
the accounts have not been prepared in a(x¥)rdan￿ with the methcmjs and principles of Ihe Slalement of
Recommended Practice for a￿Unting and reporting by thatilies lappli¢able lo charities prepaiing their accounts in
accordance with the Finanaal ReFX)rting Standard applic2ble in the UK and Republic of Ireland {FRS 102))-
I have no COn￿mS and have come across no other matters in connection with the examinatTron to which attention should be
drawn in Ihis report in order to enable a proper understanding of the acu)unts to be reached.
Michael Jones
The Association of Chartered Certtfied Accountants
Bevan Buckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA
Date..
Page 7

CARDIFF VINEYARD
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 30 JUNE 2024
2024
Total
fvnds
2023
Total
funds
Unrestricled
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
580.444
4,930
585.374
552,250
Charitable activities
Charitable Activities
155.986
155,986
231,020
Other trading activities
Investment income
59,782
3,640
59,782
3,640
115,095
1,391
Totsl
799,852
4,930
804,782
899,756
EXPENDITURE ON
Charitable activities
Charitable Activities
799.232
20,970
820,202
917,370
NET INCOMEI{EXPENDITURE)
620
116,040)
115,4201
117,6141
RECONCILIATION OF FUNDS
Total funds brought foTrord
251.843
27,708
279,551
297,165
TOTAL FUNDS CARRIED FORWARD
252.463
11,668
264,131
279,551
The noles form part of these financial statements
Page 8

CARDIFF VINEYARD
BALANCE SHEET
30 JUNE 2024
2024
Total
fvnds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
12
737,265
737,265
713,319
CURRENT ASSETS
Debtors
Cash at bank
13
19,986
156.005
3,860
7,808
23.846
163,813
26.438
230,991
175.991
11,668
187,659
257,429
CREDITORS
Amounts falling due within one year
14
(165.473)
1165,4731
1164,8491
NET CURRENT ASSETS
10.518
11.668
22.186
92.580
TOTAL ASSETS LESS CURRENT LIABILITIES
747,783
11,668
759,451
805,899
CREDITORS
Amounts falling due after MO￿ than one year
15
(495,320)
1495,3201
1526,3481
NET ASSETS
252.463
11.668
264,131
279,551
FUNDS
Unrestricled funds
Restricted funds
19
252.463
11,668
251,843
27,708
TOTAL FUNDS
264,131
279,551
The charitable company is entitled lo exemption from audtt under Section 477 of the Companies Act 2006 for the year ended
30 June 2024.
The members have not required the company to obtain an audtt of its financial statements for the year ended 30 June 2024
in accordance with Section 476 of the Companies Act 2CrfJ6.
The trustees acknowledge their reswnsibilities for
la}
ensuring that the charitable company keeps accounting rerx)rds that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the stste of affairs of the charitable company as at
the end of each finanaal year and of tts surplus or deficit for each ffinancial year in accordance wtth the requirements
of Sections 394 and 395 and which othemise comply with the requirements of the Companies Act 2006 relab'ng to
financial statements. so far as applicable lo the tharitable o)mpany.
Ib}
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by=
R W Kissick - Trustee
The noles form part of these financial statements
Page 9

CARDIFF VINEYARD
CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 JUNE 2024
2024
2023
Notes
Cash flows from operatlng a¢tlvltles
Cash generated from operations
Interest paid
Interest element of hire purchase payments
paid
21,212
(29.022)
106,914
125,431)
{1,267)
{4231
Net cash {used inyprovided by operating activilies
{9,077)
81,060
Cash flows from investing adivities
Purchase of tangible fixed assets
Interest received
{32.4601
3,640
{717,994)
1,391
Net cash used in investing activities
(28.820)
{716,603)
Cash flows from financing activities
New loans in year
Loan repayments in year
Capital repayments in year
500,000
119,058)
18,416
(26,2821
{2,9991
Net cash {used inyprowded by fInan￿ng activities
(29,281)
499,358
Change in cash and cash equivalents in
the reporting period
Cash and ¢ash equivalents at the
beginning of the reporting period
(67,178)
{136,185)
230,991
367,176
Cash and ¢ash equivalents at the end of
the reporting period
163,813
230,991
The notes forn part of these financial statements
Page 10

CARDIFF VINEYARD
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 JUNE 2024
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTMTIES
2024
2023
Net expenditUTe for the reporting period las per the Statement of
Financial Activities)
Adjustrnents for:
Depreciation charges
Interest received
Interest paid
Interest elemenl of hire purchase and finance lease rental payments
Decreasellincreasel in debtors
(Decreaseifincrease in creditors
115,420)
117,614)
8.514
13,640)
29,022
1.267
2.592
11,123)
7,465
11,391)
25,431
423
11.7321
94,332
Net cash provided by operations
21,212
106,914
ANALYSIS OF CHANGES IN NET DEBT
At 1.7.23
Cash flow
At 30.6.24
Net cash
Cash at bank
230.991
{67.178}
163,813
230,991
{67,178}
163,813
Debt
Finance leases
Debts falling due wthin 1 year
Debts falling due after 1 year
113.9991
(18.￿7)
(515,3491
2,999
{1,747}
28,029
{11,0001
{20,6541
{487,320)
1548.2551
29,281
(518,974)
Total
(317.2641
{37,897}
{355,161 }
The notes forn part of these financial statements
Page 11

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, vthich is a public benefft entity under FRS 102. have been
prepared in accordan￿ with the Charilies SORP {FRS 102) 'Accounting and Reporting by Charities.. Statement of
Recommended Practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of I￿land IFRS 102) (effective 1 January 2019),, Financial Reporting
Standard 102 'The Financial Repotting Standard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All incoming ￿$Ou￿5 are included on the Statement of Finanual Activities {SOFA) when the charity is legally
entided lo the income and the amount can be quantified with reasonable accuracy.
Income from room hire is recognised when the hire lakes place.
Office hire is recognised by reference to the period to whith il ￿lates. Renl is charged in accordan￿ with the tems
of the rental agreement.
Donations and similar incoming reSoUr￿S represent monies received by the charrty from charitable donations and
gifts. Gift aid is also included within in(x)me whith is daimed as a pe￿ntage of donations, HMRC then pays the
charity monthly. These are recognised in the Statement of Finan(ial Aclivities upon the period it is eamed.
Grant income is accounted for on an acc￿alS basis and is shown in the financial statements when the Charity eams
the uncondilional right to the funds. Grants re￿iVed for a specJfic purpose are treated as restricted funds. Revenue
grants are credited direcuy to the Statement of Finaniial Aclivities and Capital grants are released over the life of the
asset in line with the depreciation policy.
Gate income is accounted for on an accrual basis. by reference to the pericd in which it relates.
Interest Receivable
Interest on funds held on deKK)Sit is induded when weNable 2nd the amount can be measured reliably by the
charity., this is nomially upon notification of the interest paid or payable by the Bank.
Expenditure
Liabilities are recognised as expenditure as sLx)n a5 there is a legal or constructive obligation committing the charity
to that expenditure, it is probable thal a transfer of e(x)nomic benefits wll be required in seltlement and the amount
of the obligation can be measured reliably. Expenditure is a(xx)unted for on an accruals basis and has been
classified under headings that aggregate all cost related to the category. Where costs cannot be direcuy attributed to
particular headings they have been allctated to activities on a basis consistent with the use of reSoUr￿s.
As the charity is partially exempt for VAT purposes. This means that we are onty able to daim part of the VAT
incurred on our purchases. Irrecoverable VAT is induded within the expenditure categories to which it relates.
Tangible fixed assgts
Tangible fixed assets are recorded at cost of purchase less accumulated depreciation. The Church generally
capitalises assets which meet or exceed a de rnin value of £1.000 and wll have a useful economic lrfe of more than
one year.
The depreciation rates used are as follows:
Computer Equipment
Fixtures & Fittings
Motor Vehicles
Land & Buildings
25°
25Yo
10Yo
0%
Taxation
The charty is exempt from corporation tax on ils charitable activf(ies.
Fund accounting
Unrestricted funds can be used in aC0)rdan￿ with the charitable objectives at the discretion of the trustees.
Page 12
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEME1￿s - continued
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES - continued
Fund accounting
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when speafied by the donor or when funds are raised for particular restricted purposes.
Further explanalion of the nature and purpose of each fund is included in the notes to the finanaal statements.
Pension costs and other post-retirement benefits
The charitable cornpany operates a defined contribution pension scheme. Conlributions payable to the charitable
company's pension scheme are charged to the Ststemenl of Financial Activities in the period lo which they relate.
Financial instruments
Basic financial assets
Basic financial assets, which indude debtors and cash and bank balances. are initially measured at transaction price
including Iransaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitutes a financing transaction. where the transaction is measured at the present value of the
future receipts discounted at a market rale of interest. Finanaal assets dassified as re￿1vable within one year are
not amorbsed.
Basic financial liabilities
Basic financial liabilities. induding creditors and bank loans are inits.ally recognised at transaction price unless the
arrangement conslilutes a financing transaction. where the debt instrument is measured at the present value of the
future payments discounted at a market rale of interest. Financial liabilibes dassified as payable within one year are
not amorbsed.
Debt instruments are subsequently carried at amortised o)st. using the effective interest rate method.
Trade creditors are obligations to pay for goods or seM(ts that have been acquired in the ordinary course of
business from suppliers. Amounts payable are dassffied as current liabilities rf payment is due within one year or
less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price
and subsequenuy measured at amortised cost using the effects.ve interest method.
Debtors
Trade and other debtors are rwnised at the setdement amount due after any trade discount offered. Prepayments
are valued at Ihe amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes (3sh and short term highly liquid investments with a short malurity of three
months or less from the date of acquisition or opening of the depostt or similar a(xx)unt.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that
will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be
measured or eslimated reliably. Creditors and provisions are nonnally recognised at their settlerllenl amount after
allowing for any trade discounts due.
Hire purchase and leasing comrnitments
Assets obtained under hire purchase conlracts or finan￿ leases are capiklised in the balance sheet. Those held
under hire purchase conlracts are depreciated over their useful lives. Those held under finance leases are
depwiated over their estimaled useful lives.
The interest element of these obligations are charged to the SOFA over the relevant pericrfj. The capital element of
the future payments is treated as a liabilty.
Rentals paid under operating leases a￿ charged to the SOFA on a straight line basis over the period of the lease.
Legal status of the charity
Page 13
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES - continued
The chartty is a company limited by guarantee. In the evenl of the charity being wound up. the liability in respect of
the guarantee is limited lo £10 per member of the charity.
DONATIONS AND LEGACIES
2024
2023
Donations
Gift aid
478,475
106,899
460,526
91,724
585,374
552,250
OTHER TRADING ACTMTIES
2024
2023
Other Income
59,782
115,095
Within Other Income are funds are all￿ated to VCUKI and Ty Adfer.
INVESTMENT INCOME
2024
2023
Deposit a(￿oUnt interest
3.640
1.391
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Charitable Activities
Charitable Acbvities
Charitable Activities
Grants
Gate In¢ome
Events
2,500
124,023
29,463
18,500
95,407
117,113
155,986
231,020
CHARITABLE AcnvmES COSTS
Support
costs (see
note 71
Direct
Costs
Totals
Charitable Activities
13,218
820,202
Page 14
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
SUPPORT COSTS
Support
costs
Charitable Aclivities
13,218
NET INCOMEI{EXPENDITURE)
Net incomel{expendilure) is slated after chargin￿(Crediting)=
2024
2023
Depreciation - owned assets
8.514
7.465
TRUSTEES. REMUNERATION AND BENEFITS
None of the directors re￿iVed any fees for their ServI￿S as Trustees or Directors. J G Rankine is a Trustee and
engaged in Ministry for the Church. for which he r￿1Ved remuneration of £47,007 {2022123.' £44,595).
Trustees. expenses
There were no Irustees. expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
10.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
371,046
17,354
12,211
348,623
17,615
13,262
400,611
379,500
The average monthly numLEr of employees during the year was as follows..
2024
2023
Pastoral
Administrative
12
12
No employees received emoluments in excess of £60.000.
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcT￿￿lEs
Unrestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
552,250
552,250
Charitable activities
Charitable Activities
212,520
18,500
231,020
Other trading activities
Investment income
113,983
1.391
1.112
115,095
1,391
Total
880,144
19.612
899,756
Page 15
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES - conlinued
Unrestricted
fund
Restncted
funds
Total
funds
EXPENDITURE ON
Charitable activities
Charitable Activities
805.302
112,068
917,370
NET 1NCOMEI{EXPEND￿uRE)
74,842
192,456)
117,614)
RECONCILIATION OF FUNDS
Total funds brought forward
177,001
120,164
297,165
TOTAL FUNDS CARRIED FORWARD
251.843
27,708
279,551
12.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
propety
Plant and
machinery
COST
At 1 July 2023
Additions
675,(KM)
1.455
32,460
30,455
At 30 June 2024
675.C
33,915
30,455
DEPRECIATION
At 1 July 2023
Charge for year
1.455
11,705
6,250
At 30 June 2024
1,455
17,955
NET BOOK VALUE
At 30 June 2024
675.￿0
32,460
12,500
At 30 June 2023
675.0(Kl
18,750
Page 16
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
12.
TANGIBLE FIXED ASSETS - continued
Motor
vehicles
Computer
equipment
Totals
COST
At 1 July 2023
Additions
22,644
3,237
732,791
32,460
At 30 June 2024
22,644
3.237
765,251
DEPRECIATION
At 1 July 2023
Charge for year
3,075
2,264
3,237
19,472
8,514
At 30 June 2024
5.339
3.237
27,986
NET BOOK VALUE
At 30 June 2024
17.305
737,265
At 30 June 2023
19,569
713,319
13.
DEBTORS: AMOUNTS FALLING DUE W￿H1N ONE YEAR
2024
2023
Trade debtors
Other debtors
15,669
8.177
19,589
6,849
23,846
26,438
Included within other debtors are arnounts Ov￿1 to the charity related to Grft Aid.
14.
CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see ni?te 16)
Hire purchase (see note 171
Trade creditors
Social security and other taxes
20,654
3,000
22,921
6.671
3.274
92,719
16,234
18,907
3,000
10,358
5.336
VAT
Other creditors
Accrued expenses
124,163
3,085
165,473
164,849
Bank Loans comprise a Boun￿ Back Loan arranged under the Covid-19 financial assistance programme.
Repayments began in May 2022. and a loan from Kingdom bank to facilitate the purchase of the Gate.
Other creditors include a loan from Jen and James Rankine. in order lo facililale the purchase of The Gate
Page 17
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
15.
CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2024
2023
Bank loans {see r￿le 16)
Hire purchase {see note 17}
487,320
8,000
515,349
10,999
495,320
526,348
16.
LOANS
An analysis of the maturity of loans is given below:
2024
2023
Amounts falling due within one year on demand:
Bank loans
20,654
18,907
Amounts falling between one and two years:
Bank loans - 1-2 years
487,320
515,349
17.
LEASING AGREEMENTS
Minimum lease payments under hire purchase fall due as folh)ws:
2024
2023
Net obligations repayable..
Within one year
Between one and five years
3,000
8,000
3,000
10,999
11,000
13,999
18.
SECURED DEBTS
The following secured debts are induded within creditors:
2024
2023
Bank loans
Hire purchase contracts
507,974
11,000
534,256
13,999
518,974
548,255
Bank Loans & Overdrafts
A floating charge over the property of the gales arts community ￿ntre dated 0310812022.
Hire Purchase
BalancEs are secured on the assets to which they relate.
Page 18
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
19.
MOVEMENT IN FUNDS
Net
movement
in funds
At
30.6.24
At 1.7.23
Unrestricted funds
General fund
251,843
620
252,463
Restricted fvnds
Pembs
SchcK)I St Anselm
Solar Panels
Ty Adfer
8,408
1560}
1,800
{18,500}
1,220
7.848
2,600
18,500
1.220
27.708
{16,040}
11,668
TOTAL FUNDS
279.551
{15,420}
264,131
Net movement in funds, induded in the at#)ve are as follows:
Incoming
resou￿$
Resources
expended
Movement
in funds
Unrestricted funds
General fund
799.852
(799.232 }
620
Restricted funds
Pembs
Schwl St Anselm
Solar Panels
Ty Adfer
240
3,470
18001
11,6701
{18,500}
(560)
1.800
{18,500)
1.220
1,220
4,930
{20,970}
{16,040)
TOTAL FUNDS
804,782
(820.202 }
{15,420)
Comparatives for movement in funds
Net
movement
in funds
Al
30.6.23
At 1.7.22
Unrestricted funds
General ftjnd
177,(KJ1
74,842
251,843
Restricted fvnds
Pembs
Schwl St Anselm
Solar Panels
Growbaby
Restore General
WCVA
The Gate
8.096
312
800
18,500
13,9081
11,7781
{18,3821
{88,0001
8.408
800
18,500
3,908
1,778
18,382
88,000
120.164
{92,456}
27,708
TOTAL FUNDS
297,165
{17,6141
279,551
Page 19
continued...

CARDIFF VINEYARD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024
19.
MOVEMENT IN FUNDS- continued
Comparative net movement in fijnds, included in the at￿ve are as follows..
Incoming
resour￿$
Resources
expended
Movement
in funds
Unrestricted funds
General fund
880.144
1805.302 }
74,842
Restricted funds
Pembs
School St Anselm
Solar Panels
Growbaby
Restore General
WCVA
The Gate
312
312
800
18,500
13,908)
11,778)
{18,382)
{88,000}
18.KJo
13,908}
11,7781
{18,3821
{88,0001
19,612
(112.068 }
{92,456)
TOTAL FUNDS
899.756
1917.370 }
{17,614)
20.
RELATED PAR￿ DISCLOSURES
During the year. the trustees and persons deemed ￿lated partres made donations lo Cardiff Vineyard totalling
£27,10012023'. £28,179) not includirwJ any related gift aid inc¢)me.
Page 20

CARDIFF VINEYARD
D￿AlLED STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 30 JUNE 2024
2024
2023
INCOME AND ENDOWMENTS
t)onations and lega¢les
Donations
Gift aid
478,475
106.899
460.526
91,724
585.374
552.250
Other trading activities
Other Income
59,782
115,095
Investment income
Deposit account interest
3,640
1,391
Charitsble activities
Grants
Gate Income
Events
2,500
124,023
29,463
18,500
95,407
117.113
155.986
231.020
Total incoming resources
804.782
899,756
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Light and heal
Postage and stationery
Sundries
Refreshments
Venue and Office Hire
Staff Costs
Equipment
Repairs and MaintenancE
Subscriptions
Legal and Professional
Charges & Inlerest
The Gate
Event Costs
Transport & Travel
Gifts
Depn of fixtures and ffttings
Motor vehicles
Loan Interest
Loan Interest
Irrecoverable VAT
371.046
17,354
12,211
5,763
3,801
42,563
3,293
190
22,111
50,165
48,738
23,085
14,583
1,913
10,707
1,660
121.425
6,365
6,096
2,864
6,250
2,264
29,022
1,267
2,248
348.623
17,615
13,262
20,324
6,210
35,564
4,513
14,832
25,449
83,876
7,891
12,190
28,329
1,439
17,016
2,661
170,346
60.755
6,250
1,215
25,431
423
806.984
904,214
This page d￿S not fomi part of the statutory financial statements
Page 21

CARDIFF VINEYARD
D￿AlLED STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 30 JUNE 2024
2024
2023
Support costs
Support costs
Accountancy and legal fees
13.218
13,156
Total resources expended
820,202
917,370
Net expenditure
(15,4201
{17,6141
This page d￿S not fomi part of the statutory financial slatements
Page 22