## **ANNUAL REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31[ST] MARCH 2025** ## **3 COUNTIES VINEYARD** (Company Limited by Guarantee) **CHARITY REGISTRATION NO. 1140214 COMPANY REGISTRATION NO. 07490294** Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South West Sussex PO20 7EG **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **CONTENTS** |Page 3|Legal and Administrative Information| |---|---| |Page 4 to 13|Directors Annual Report| |Page 14|Statement of Financial Activities| |Page 15|Balance Sheet| |Pages 16 to 26|Notes to Financial Statements| |Page 27|Independent Examiners Report to the Directors/Trustees| 2 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **Trustees annual report for the period from 1[st] April 2024 to 31[st] March 2025** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Charity name:** 3 Counties Vineyard **Other names charity is known by:** Formerly known as Three Counties Church **Registered Charity Number:** 1140214 **Registered Company Number:** 7490294 **Date of Formation:** Incorporated 12[th] January 2011 **Legal Status:** Company Limited by Guarantee **Registered Office:** 3 Counties Vineyard Haslemere Locality Office Lion Green Haslemere Surrey GU27 1LD **Telephone Number:** 01428 653011 ## **Names of the Trustees (who are the Directors of the charitable company) who have managed the charity between 1[st] April 2024 and 31[st] March 2025:** **----- Start of picture text -----**
Name Role Dates acted, if not the
whole year
Mr. Philip Taylor Chair
Mr. Alistair Cook Treasurer
Mr. David Wright
Mrs. Julia Sharp
**----- End of picture text -----**
The Trustees present their annual report and accounts of the year ended 31[st] March 2025. The Board of Trustees is satisfied with the performance of the charitable company during the year and the position at 31[st] March 2025. 3 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **Names and addresses of advisors:** **----- Start of picture text -----**
Type of Adviser Name Address
Primary Bankers HSBC 12A North St, Guildford, Surrey, GU1 4AF
Solicitor Barlow Robbins The Oriel, Sydenham Road, Guildford,
Surrey, GU1 3SR
Independent Examiner Independent Unit 2, The Broadbridge Business Centre,
Examiners Ltd Delling Lane, Bosham, PO18 8NF
Charity Advisors Trust Advice Unit 2, The Broadbridge Business Centre,
Delling Lane, Bosham, PO18 8NF
Independent Safeguarding Thirtyone:eight Greenbox Storage, College Rd, Swanley
Specialists BR8 7LT
Independent Investment Murray West 39 Station Road, Liphook, Hampshire GU30
Advisor Associates Ltd 7DW
**----- End of picture text -----**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT** **Legal Status:** Company Limited by Guarantee **Governing Document:** Memorandum and Articles of Association Incorporated 12[th] January 2011. The Articles of Association were subsequently amended by Special Resolution on 31[st] August 2021. ## **Nature of Governing Document and constitution of the charitable company** The original charity “Declaration of Trust” for the Church, which was then known as the Haslemere Evangelical Church, was made on 1 October 1974. The Declaration of Trust was subsequently updated by the Charity Commission Scheme sealed on 29 October 1991 and Constitution dated 24 September 1987. There was a change to incorporated status as a Charitable Company with effect from 1[st] April 2011 The organisational structure and decision making processes are all in accordance with the Memorandum and Articles of Association with day to day activities of the Church in accordance with ‘The Way we Work’ dated 11[th] May 2011, as amended 31st August 2021 and 11[th] October 2021. ## **Change of name of the charitable company and joining the Vineyard network of churches.** Three Counties Church joined the Vineyard network of churches on the 20[th] September 2021 and changed its name to ‘3 Counties Vineyard’ at Companies House on the 11[th] October 2021. The objects of the charity, the Company Number and Charity Number of the company remain unchanged. **Trustee selection methods:** As detailed in the Company Memorandum and Articles of Association. ## **The organisational structure of the charitable company and how decisions are made:** The Church is led by a Church Leadership Team (who are the members of the charitable company). As at 31/03/2025 the Leadership team consists of 6 people with David Wright undertaking the role of Senior Leader since 1[st] July 2018. The Leadership Team are responsible for the spiritual oversight of 4 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** the church. David Wright is accountable, as part of the Vineyard structure, to Guy and Esther Pritchard from Farnham Vineyard in their role as Vineyard Area Leaders. David Wright, along with the rest of the Leadership Team receive input from Pete Gilbert, a long standing friend and mentor to the church. Two of the Leadership Team are employed part-time by the Church (details of which are given in the table below). The Chair of Trustees does not sit on the Leadership Team but is a member of the charitable organisation for the duration of their post as Chair and will attend the Company Members Annual General Meeting and any other Special Meetings of the Members. The Church congregations meet at the Hammer building for Sunday worship. A Wider Leadership Team (consisting of 73 people as at 31[st] March 2025), responsible to the Church Leadership Team, lead significant areas of work and ministry within the Church and the wider community. Two or more church meetings, consisting of a Church Annual General Meeting and Vision Meetings (the latter usually held on a Sunday morning), attended by Leaders, Trustees and regular Church congregation attendees, are held each year and are usually preceded by Trustees’ meetings. A Sunday evening service was established from 3[rd] February 2024 in addition to and independent of the Sunday morning worship. The evening service congregation falls within the current organisational structure and decision making process. **Names of the Leadership Team (who are the Members of the Charitable Company) between 1[st] April 2024 and 31[st] March 2025:** **----- Start of picture text -----**
Name Leadership Team Role Dates on the Employment title and dates if not
Leadership for the whole year
Team if not
for the whole
year.
David Wright Senior Leader N/A
Richard Durrant N/A
Rowena Wright Permanent Pastoral Lead (part
time)
Tara Congdon Children, Youth and Families
Director (part time)
Andrew Carter Leader of the evening Appointed N/A
congregation 8/12/2024
Helena Carter Leader of the evening Appointed N/A
congregation 8/12/2024
Philip Taylor Member by reason of N/A
being Chair of
Trustees
**----- End of picture text -----**
The name of the Leader and other senior staff member(s) to whom day-to-day management of the Charity was delegated by the Trustees. D Wright – Senior Leader of the Church Leadership Team and Trustee M Brown – Operations Manager and Company Secretary from 01/01/2024. 5 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** Other key management personnel (by reason of being employed by the Charity and serving on the Leadership Team): R Wright – Pastoral Lead T Congdon – Children, Youth and Families Director ## **The major risks to which the charitable company is exposed and reviews and systems to mitigate risks** The roles within the Leadership Team and Board of Trustees are currently voluntary roles and can be onerous. In 23/24 the Leadership Team and Board of Trustees had reduced in size which highlighted the need to strengthen them for continued good governance. The Leadership Team has added 2 new members to its team in 24/25 and are continuing to seek appropriately trained individuals to enhance both the Leadership Team and the Board of Trustees. The church would not be able to undertake all its current activities without their reliance on capable volunteers. With no contractual obligations volunteers may step back at any point. The church seeks to nurture and grow its volunteer base by providing a safe, supportive, structured environment where access to help and training is readily available. Regular review of staff/volunteer workloads and well-being, along with assessment of appropriateness to continue certain activities is required to ensure a healthy culture within the church. The church is heavily reliant on donations from its congregation to fund its activities. This finance could be withdrawn at any point. The last few years the Trustees have set a deficit budget to implement their strategy for growth but with increased giving and reduced outgoings deficits have been lower than projected. The church has good reserves and the Trustees are mindful of tracking giving and budget throughout the year. Trustees recognise the need for robust financial processes to enable secure and transparent dealings with all financial matters relating to the charity. Following advice from the church’s accountants the church has implemented a new financial package from 1[st] April 2024. This package gives greater accountability and visibility of assets/liabilities, provides greater automation of processes, transaction traceability, is more user friendly and it moves towards electronic storage of data. It gives data in real time thereby increasing oversight and budgetary control, thus providing greater financial security. The full time Youth Leader took maternity leave from May 24. A part time youth leader was employed to enable most of the current youth programme to continue being offered to the church and within the wider community. It was necessary to reduce some youth services (mainly in the school mentoring programme) being offered during this period but priorities were regularly reviewed throughout the year to match need with resources. The full time youth leader role will resume in May 2025. Trustees recognise the need to upgrade areas of the church building at Linchmere Road, Hammer (used for church services and activities), this could come with a significant cost. Advice is being sought from appropriate professionals and access to grants will be investigated to seek to reduce the impact on the church’s reserves. 6 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** A continuous risk assessment process is carried out by the Trustees and covers safeguarding, physical, legal and other envisaged threats. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and Activities of the Charitable Company:** The Trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and objectives, in planning future activities, and in setting the policies for the year. ## **Objects of the charity set out in the governing document** : The Charitable Company’s objects are for public benefit and are restricted to the following:- - A) To advance the Christian faith in accordance with the statement of beliefs in the schedule hereto attached in such ways and in such parts of Haslemere, the United Kingdom or the world as the Trustees may from time to time think fit; - B) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of Haslemere, the United Kingdom or the world as the Trustees may from time to time think fit. ## **Summary of the main activities undertaken for the public benefit in relation to these objects:** The Church’s aims are to share the good news and love of Jesus Christ throughout the 3 Counties area through Church services, youth work and outreach in the community, at home and at work. The church also has several links overseas. Its main strategies lie in its Sunday services, small groups, its work through a range of youth and children’s groups and activities (spanning all age ranges) and its community involvement. ## **Details of significant activities that contribute to the achievement of the stated objectives.** Sunday services and some other activities are held at the Hammer building. 3 Counties Money Advice operate out of rented premises (moving from Hasleway to the Methodist church in Haslemere in December 2024). The Haslemere Locality Office is the church office facility used for administration. Many of the small groups (bible groups etc.) operate out of people’s homes. A range of youth and children’s groups use the Church premises, in addition there is occasional use of homes and public buildings. A Pastoral Worker and Community Worker are employed to enhance the pastoral support and care capabilities within the church and to assist those in need in the wider community. A Youth Leader is employed to enable the current youth programme to continue and develop connections and services offered to the church, local secondary schools and within the wider community. Currently there are approximately 230 adults regularly connecting with the church and approximately 35 children and young people connecting with their age appropriate groups on Sunday mornings, with additional young people connecting to midweek groups. 7 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **Contribution made by Volunteers:** Many of the programmes, projects and services provided are run by volunteers. As at 31[st] March 2025 there were approximately 120 people volunteering within the church. The Trustees are grateful for the many hours volunteers have given to assist with a variety of activities undertaken by 3 Counties Vineyard. Without this valuable contribution of time, energy and expertise the church would not have been able to achieve so much. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Factors relevant to the achievement of the charitable company’s objectives** 3 Counties Vineyard is financially dependent upon the support of its members and in particular regular worship offerings and gifts. 3 Counties Vineyard continues to benefit from the reclaiming of Gift Aid from HMRC. ## **Summary of the main achievements of the charity during the year:** The Church continues to provide a range of services for church attendees and to those in the local Community. These services include:- - (a) Weekly worship services meeting at Hammer building on Sunday mornings and evenings. - (b) Live streaming of the Sunday morning worship service services to enable those who are not able to attend in person to participate. - (c) Monthly Sunday morning services with British Sign Language provision. - (d) A daytime mid-week informal café style worship service once a month on Tuesday mornings at Hammer (called Encounter). - (e) A wide range of small groups meeting in homes and the church building on a weekly to monthly basis. - (f) Regular healing meetings, offering prayer support to church attendees and members of the public. - (g) Drop in coffee/activity mornings held at Hammer twice monthly to provide the chance to connect with lonely and/or vulnerable people in the area. - (h) Facilitating a ‘Christians against Poverty’ skills course, linked to the local food bank to help those struggling in the community with issues such as finances, CV writing and budget friendly cooking. - (i) Twice weekly youth evening meetings focusing on fun, friendship, discipleship and worship. - (j) Facilitating a mentoring course for boys. - (k) A summer holiday club for children aged 4 to 11 years. - (l) Supporting (with youth leaders and finance where appropriate) attendance at DTI, a youth residential summer camp which encourages young people to explore their faith. - (m) Playtime, a parent/carer and toddler’s group, meeting weekly during school term time. - (n) Facilitating Alpha courses throughout the year for people in the area that want to explore the Christian faith. 8 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** - (o) Hosting and running a series of well-being courses for church attendees and those in the community, including ‘Tackling Anxiety together’ course, the Marriage course and a course to support those struggling with bereavement. - (p) Working with local primary schools to conduct assemblies, RE lessons and to host ‘prayer spaces’ in local schools. - (q) Supporting 3 Counties Money Advice (see additional details below). - (r) Supporting needy people (either directly or through appropriate charities/organisations), through special appeals, designated gifts or through the Dorcas and Hardship funds. This has included, but is not limited to, supporting the local food bank, assisting struggling individuals and/or families with the challenge of the rise in the cost of living and special offerings for those around the world affected by the war and/or natural disasters. - (s) Monthly liaison with local Christian church leaders. - (t) Occasional inter-denominational men’s, women’s and children’s events, open to church attendees and those in the local community. - (u) Prayer meetings and events throughout the year. - (v) Supporting and enabling leadership training through attendance at Vineyard and other national and local conferences. - (w) Hosting the ‘Sunday Funday’, a summer fete style event held to bring local community together. - (x) Seeking to raise the importance of looking after God’s creation by 3CV’s Green Team hosting informative events and/or supporting climate initiatives such as world clean-up day. ## **3 Counties Money Advice:** The 3 Counties Money Advice team is a team of 4 fully trained volunteer advisers from local churches who give free impartial advice and assistance on a variety of money related issues. They operate in partnership with Frontline Debt Advice (UK) who are regulated by the Financial Conduct Authority. The team operate out of a rented office each week where they can meet clients face to face. Costs of running the service are met by a monthly donation from 3 Counties Vineyard and annual grants from Haslemere Town Council and Haslemere Parish Council. Throughout the course of this reporting period they have distributed £15,000 worth of Housing Support Fund grants that have provided vital financial support for local individuals and families. These monies have provided assistance with food, energy and water payments and with the purchase of wider essentials such as school uniforms, clothing and essential housing items. 3CMA accounts are integrated into 3 Counties Vineyard’s accounts and are examined annually. The operations manager of the church reviews the accounts every month and reports to the Trustees at each Trustee meeting. 9 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **FINANCIAL REVIEW** ## **Principle funding sources and how expenditure in the year under review has supported the key objectives of the charity.** Principle funding sources are regular monthly gifts and weekly Sunday offerings. Additionally, funding is achieved through reclaiming Gift Aid. All the key objectives are budgeted for at the start of each year and all have been met or covered from our reserves. The Church started this reporting period from a strong financial base. The Trustees confirm that they consider the accounting policies remain adequate and that they have reviewed and are happy with the reserves policy. The Church is dependent upon the gifts of its congregation. Gifts have increased this year with general fund regular gifts and offerings exceeding the Trustee’s budget stretch target by approximately 10% and showing an approximate increase of 21.6% on the 2023/2024 figures. The Trustees had agreed a deficit budget to support the church growth strategy and upon communicating this to the congregation the giving increased to support this. Excluding the gain on investments, the Church has achieved a surplus, due mainly to the increased direct giving but also the indirect giving to church activities/events, meaning many of these were self-funded. The church was awarded a grant of £12,222 from Groundworks VCSE Energy Efficiency Scheme Capital Grant in 24-25 which was used to insulate the ceiling of the games room in the church building at Linchmere Road, Hammer. This will help reduce the church energy bills which will release funds for ministry elsewhere. ## **Availability and adequacy of assets of each of the funds.** The Trustees are satisfied that the Company /Charity’s assets are adequate to fulfil its obligations. Each fund’s budget is reviewed on a monthly basis. ## **Transactions and Financial Position** The financial statements are set out on pages 14 to 27. The financial statements have been prepared implementing the Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales and in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland FRS 102 (effective 1 January 2015). As stated in the Legal and Administrative Information section of this report, the Trustees consider the financial performance by the charity during the year to have been satisfactory. The Statement of Financial Activities for 2024/25 shows incoming resources for the year of a revenue nature of £386,646 and realised outgoing resources of £345,770 making a net surplus of £40,876 or net surplus of £45,635 if excluding gain on investments (2023/24: incoming resources £307,047, outgoing resources £316,562 making a net deficit of £9,515 or a net gain of £9,980 if including gains on investments). The total reserves at the year-end stands at £754,372 (2023/24: £708,737). 10 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **Specific changes in fixed assets** Hammer building (Linchmere Road), which is used for Sunday worship and other group meetings, was revalued for insurance purposes on 29[th] January 2020 with a rebuild Insurance advice/valuation of £950,000. The value of £200,000 reflected in the financial statements represents the deemed cost as calculated by an independent surveyors’ report dated 2016. ## **The Charitable Company’s grant making policies** The Church makes specific grants to personnel and Christian organisations at home and overseas to a total of £34,433 in the year (2023/24: £20,052). In addition, £12,284 was given out to those in need through the Dorcas Fund (2023/24: £10,869). In addition, £1,470 was given out to those in need through the Hardship Fund (2023/24: £2,334). This fund was set up in 2023 for designated gifts given to the church to provide financial assistance to individuals/families in need. The Church provides debt and benefit advice through ‘3 Counties Money Advice’ the cost of providing the service this year was £4,080 (2023/24: £4,080). The church has given out £0 in the year through the Elaine Fund (2023/2024: £1,300). New computer equipment costing £419 was funded through the Elaine Fund in 2024. This fund was set up to help fund people in the church go on missionary trips, retreat days or training events where they would not otherwise be able to afford to do so. The above grants (excluding new equipment) amount to 13.9% of the total expenditure for the year. In addition, the church has given out £1,867 in the year through the Michelle Fund (2023/24: £2,138). This fund was set up in 2023, following the sudden death of Michelle, a church attendee. The purpose of this fund is to provide financial help for Michelle’s husband and 3 young children both now and in future years. ## **Policy on Investments** In accordance with the Articles of Association the Trustees agreed to instruct a professional Investment Manager to invest monies in a general Investment account for Charities. The investment funds provide a balanced portfolio with a medium to low risk profile for the medium term. The market value of the investment was £432,606.67 at 31[st] March 2025. This investment is expected to provide capital growth equal to or surpassing inflation after deducting costs and it will allow for the drawdown of income if and when required. ## **Policy on reserves** The Trustees continue to deem that it is not necessary to maintain substantial free reserves. The Church is totally dependent upon the Lord and the support of its attendees. It is, therefore, considered prudent to maintain the General Fund balance at a level sufficient to meet day-to-day needs, supported by the ability to drawdown income from investment funds if exceptionally required. Currently, the bank balance represents approximately four months expenditure. Cash balances are monitored closely on a monthly basis. The Church is holding good levels of cash, investments and property-backed reserves. The trustees intend to use some of the reserves to fund some required improvements/maintenance to the church building in 25/26. 11 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **Policy on Loans** The trustees have the power to approve loans where made in accordance with the Articles of Association for a purpose that fulfils the Charity’s objects. There were no outstanding loans, or new loans granted in 24/25. ## **FUTURE PLANS** ## **Administration offices** 3 Counties Vineyard have been leasing part of Haslemere Locality Office (owned by Waverley Borough Council) since 4[th] September 2019 for their administration offices. The current lease expires September 2025 with an extension not yet agreed. Alternative office provision will be required if no agreement can be reached, which is likely to be more costly. ## **Church building works/maintenance** The main church building at Hammer is in need of some maintenance in order to preserve the building for future years. The main roof and windows are in need of repair. Trustees are currently considering the options with regard to roof and window repair/replacement and will be looking into the option of solar panels in order to reduce energy costs and the impact on the environment. 12 **3 Counties Vineyard: The report of the Trustees (Directors of a charitable company) for the year ended 31 March 2025** ## **Statement of Trustee Responsibilities** The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :- - a) Select suitable accounting policies and then apply them consistently; - b) Make judgements and estimates that are reasonable and prudent; and - c) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business; - d) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They 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. The Trustees are also responsible for the contents of the Trustees' report, and the responsibility of the independent examiner in relation to the Trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements. These accounts have been prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime. I approve the attached statement of financial activities and balance sheet for the year ended 31 March 2025 and confirm that I have made available all information necessary for its preparation. 13 ## **3 COUNTIES VINEYARD** ## **(FORMERLY KNOWN AS THREE COUNTIES CHURCH)** ## **(Company Limited by Guarantee)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025** |**Notes**
**INCOME**
Donations & Legacies
**2a**
Investment Income
**2b**
Charitable Activities
**2c**
Other Income
**2d**
**TOTAL INCOME**
**EXPENDITURE**
Cost of Charitable Activities
**3a**
Governance Costs
**3b**
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE) BEFORE**
**INVESTMENT GAINS/(LOSSES)**
Net Gains/(Losses) on Investments
**NET INCOME/(EXPENDITURE)**
Transfers Between Funds
**11,12**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
303,090
21,250
32,981
357,321
276,044
-
10,549
-
10,549
11,640
13,947
-
2,597
16,544
19,223
518
1,714
-
2,232
140
**317,555**
**33,513**
**35,578**
**386,646**
**307,047**
266,767
37,073
37,005
340,845
313,132
4,925
-
-
4,925
3,430
**271,692**
**37,073**
**37,005**
**345,770**
**316,562**
**45,863**
**(3,560)**
**(1,427)**
**40,876**
**(9,515)**
-
4,759
-
4,759
19,495
45,863
1,199
(1,427)
45,635
9,980
(18,087)
17,680
407
-
-
27,776
18,879
(1,020)
45,635
9,980
270,626
430,435
7,676
708,737
698,757
**298,402**
**449,314**
**6,656**
**754,372**
**708,737**| |---|---| Movements on all reserves and all recognised gains and losses are shown above. The notes on pages 16 to 26 form part of these financial statements. 14 ## **3 COUNTIES VINEYARD** ## **(FORMERLY KNOWN AS THREE COUNTIES CHURCH)** ## **(Company Limited by Guarantee)** ## **BALANCE SHEET AS AT 31ST MARCH 2025** |**Notes**
**Fixed Assets**
Tangible Assets
**5**
Investments
**6**
**Current Assets**
Cash at Bank and in Hand
**7**
Debtors & Prepayments
**8**
**Total Current Assets**
**Creditors:**amounts falling due
**9**
within one year
**NET CURRENT ASSETS**
**TOTAL ASSETS**less current liabilities
**Creditors:**amounts falling due
**10**
in more than one year
**NET ASSETS**
**Funds of the Charity:**
General Funds
Designated Funds
**11**
Restricted Funds
**12**
**TOTAL FUNDS**|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Mar-25**
**31-Mar-24**
£
£
£
£
£
206,085
1,455
-
207,540
210,054
-
432,607
-
432,607
418,763
**206,085**
**434,062**
**-**
**640,147**
**628,817**
84,700
15,366
6,684
106,750
60,426
11,758
-
-
11,758
22,058
**96,458**
**15,366**
**6,684**
**118,508**
**82,484**
4,141
114
28
4,283
2,564
92,317
15,252
6,656
114,225
79,920
**298,402**
**449,314**
**6,656**
**754,372**
**708,737**
-
-
-
-
-
**298,402**
**449,314**
**6,656**
**754,372**
**708,737**
298,402
-
-
298,402
270,626
-
449,314
-
449,314
430,435
-
6,656
6,656
7,676
**298,402**
**449,314**
**6,656**
**754,372**
**708,737**| |---|---| ## **Directors' Responsibilities:** The charitable company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The Directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 27. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. 15 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH) (Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of Preparation & Assessment of Going Concern** ## **Basis of Preparation** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP - FRS102) and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. ## **Assessment of Going Concern** Preparation of the accounts is on a going concern basis. The Directors consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. ## **Cash Flow Statement** The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement. ## **Changes to previous accounts** There have been no changes to the previous accounts. ## **Incoming Resources** ## **Recognition of Incoming Resources** These are included in the Statement of Financial Activities (SOFA) when: ▪ the charity becomes entitled to the resources; ▪ the trustees are virtually certain they will receive the resources; and ▪ the monetary value can be measured with sufficient reliability ## **Incoming Resources with Related Expenditure** Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. ## **Grants and Donations** Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. ## **Tax Reclaims on Donations and Gifts** Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. ## **Contractual Income and Performance Related Grants** This is only included in the SOFA once the related goods or services has been delivered. ## **Gifts in Kind** Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. ## **Donated Services and Facilities** These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## **Volunteer Help** The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report. 16 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH) (Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **1. ACCOUNTING POLICIES (Continued)** ## **Investment Income** This is included in the accounts when receivable. ## **Investment Gains and Losses** This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. ## **Expenditure and Liabilities** ## **Liability Recognition** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## **Governance Costs** Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters. ## **Grants with Performance Conditions** Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. ## **Grants Payable without Performance Conditions** These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. ## **Pensions** The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. ## **Operating Leases** Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Legal Status of the Charity** The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. ## **Investments** Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. ## **Fixed Assets** Tangible fixed assets for use by the charity are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt. There has been no change to the accounting policies (Valuation rules and methods of accounting) since last year. ## **Depreciation Expense** Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance over their estimated useful lives. The rates applied per annum are as follows: |Building Improvements|25%| |---|---| |Furniture & Fittings|25%| |General Equipment|25%| 17 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH)** **(Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **2. INCOME** |**a) Donations & Legacies**
Regular Gifts
**12**
Gifts & Donations
**11,12**
Gift Aid Tax Recovered
**12**
Grants Received
**11,12**
**b) Investment Income**
Bank Interest
**11**
Dividends
**11**
**c) Charitable Activities**
Activities & Events
**12**
Playtime Income
**12**
Premises Hire
**d) Other Income**
Sundry and Miscellaneous Income
**11**
Training and Conferences Income|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
224,368
-
2,280
226,648
183,284
32,522
1,750
18,085
52,357
53,493
46,200
-
394
46,594
39,267
-
19,500
12,222
31,722
-
**303,090**
**21,250**
**32,981**
**357,321**
**276,044**
-
863
-
863
442
-
9,686
-
9,686
11,198
**-**
**10,549**
**-**
**10,549**
**11,640**
6,183
-
315
6,498
7,735
-
-
2,282
2,282
3,065
7,764
-
-
7,764
8,423
**13,947**
**-**
**2,597**
**16,544**
**19,223**
61
1,714
-
1,775
-
457
-
-
457
140
**518**
**1,714**
**-**
**2,232**
**140**| |---|---| 18 ## **3 COUNTIES VINEYARD** ## **(FORMERLY KNOWN AS THREE COUNTIES CHURCH)** **(Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **3. EXPENDITURE** |**Note**
**a) Cost of Charitable Activities**
Activities & Events
**12**
Bank Charges
Catering Costs
**12**
Children's Costs
Church Life Expenses
Cleaning Costs
Communication Costs
Community Outreach
Conference Costs
**12**
Debt Advice Costs
**11**
Depreciation Expenses
**11**
Development Fund:
Investment Management Fees
**11**
Equipment Costs
**12**
Gifts & Donations
**11,12**
Insurance Costs
IT Support Costs
Lava Costs
License & Subscriptions
Ministry Expenses
Playtime Expenses
**12**
Premises Hire
Printing, Postage & Stationery
**12**
Repairs & Maintenance
**12**
Staff Costs
**15**
Sundry Expenses (incl Staff Expenses)
Tear Fund
**11,12**
Utility Costs
Vineyard Contribution
Visiting Speakers Expenses
Youth Expenses
**b) Governance Costs**
Legal & Professional Fees
Independent Examiner's Fee
**9**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
3,431
-
-
3,431
13,309
130
-
-
130
122
1,938
-
-
1,938
1,195
1,690
-
-
1,690
2,700
2,997
-
-
2,997
1,023
10,217
-
-
10,217
9,333
384
-
-
384
300
2,773
-
-
2,773
1,503
7,300
-
40
7,340
7,310
-
23,339
-
23,339
27,960
2,028
485
-
2,513
3,113
-
965
-
965
1,158
5,346
-
449
5,795
1,590
14,016
8,500
19,829
42,345
36,693
3,860
-
-
3,860
3,472
1,371
-
-
1,371
827
893
-
-
893
2,336
5,906
-
-
5,906
4,471
790
-
-
790
604
-
-
1,088
1,088
1,296
7,335
-
-
7,335
6,860
1,552
-
39
1,591
1,657
3,378
-
12,474
15,852
3,519
147,572
-
-
147,572
148,073
1,921
-
-
1,921
3,371
840
3,784
3,086
7,710
840
15,973
-
-
15,973
12,213
16,883
-
-
16,883
12,499
719
-
-
719
2,512
5,524
-
-
5,524
1,273
**266,767**
**37,073**
**37,005**
**340,845**
**313,132**
3,138
-
-
3,138
1,720
1,787
-
-
1,787
1,710
**4,925**
**-**
**-**
**4,925**
**3,430**| |---|---| 19 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH) (Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **4. DETAILS OF CERTAIN TYPES OF EXPENDITURE** **2024/25 2023/24 £ £** Fees paid to the Independent Examiners - Independent Examination 1,530 1,500 Fees paid to the Independent Examiners - Other professional fees 210 210 ## **5. TANGIBLE FIXED ASSETS** General Fund General Fund General Fund General Fund Designated Fund **----- Start of picture text -----**
Land & Building Furniture Equipment Equipment Total
Buildings Improvement & fittings Costs Costs 31-Mar-25
Hammer
Title No:
WSX237251
£ £ £ £ £ £
Cost/Valuation 01-Apr-24 200,000 175,958 17,539 35,532 5,969 434,998
Additions - - - - - -
Cost at 31-Mar-25 200,000 175,958 17,539 35,532 5,969 434,998
-
Depreciation 01-Apr-24 175,476 15,856 29,583 4,029 224,944
Charge - 121 421 1,487 485 2,514
Depreciation at 31-Mar-25 - 175,597 16,277 31,070 4,514 227,458
Net Book Value 31-Mar-25 200,000 361 1,262 4,462 1,455 207,540
Net Book Value 31-Mar-24 200,000 482 1,683 5,949 1,940 210,054
**----- End of picture text -----**
A surveyor was contracted to provide a draft valuation report for the Hammer site in 2016. Although there was limited property sale data for this type of property, the report suggested a base valuation in its current condition of £200,000. The rebuild insurance advice for the property provided on 29th January 2020 was £950,000. In this financial year the Trustees agreed that any expenditure on equipment, fixtures and fittings that fell below the individual capitalisation threshold of £1,500 would be wholly written off in this financial period. No other departures from the accounting policies were made. The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2025 : None 31st March 2024 : None ## **6. INVESTMENTS** |Carrying (fair) value at beginning of period
Add: additions to investments during period
Less: disposals at carrying value
Add/(deduct): transfer in/(out) in the period
Add/(deduct): net gain/(loss) on revaluation
Carrying (fair) value at end of year|Unrestricted
Designated
Restricted
**Total**
Fund
Fund
Fund
**31-Mar-25**
£
£
£
£
-
418,763
-
**418,763**
-
-
-
**-**
-
-
-
**-**
-
9,084
-
**9,084**
-
4,759
-
**4,759**
-
432,606
-
**432,606**
Cash or cash equivalents| |---|---| As at 31st March 2025 the charity held the following in its investment portfolio: |Units
Units
No.
Cost.
62,896.61
1.817777
70,720.62
1.614851
109,569.29
1.0448
15,491.66
2.85|Total Cost
£
114,332
114,203
114,478
44,152
387,165|Fund name
BMO MM Lifestyle
ISFL Sinfonia
Cornelian Managed D
First Sentier
Cash||Market value
£
125,416
124,382
118,115
44,813
19,880
432,606| |---|---|---|---|---| 20 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH) (Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **7. CASH AT BANK AND IN HAND** ||Unrestricted|Designated|Restricted|**Total**|**Total**| |---|---|---|---|---|---| ||Fund|Fund|Fund|**31-Mar-25**|**31-Mar-24**| ||£|£|£|£|£| |Current Account|58,308|9,314|6,684|74,306|32,108| |3CMA Account|-|5,931|-|5,931|2,483| |3CMA Petty Cash|-|121|-|121|-| |Deposit Accounts|26,336|-|-|26,336|25,835| |Petty Cash|56|-|-|56|-| ||**84,700**|**15,366**|**6,684**|**106,750**|**60,426**| |**8. DEBTORS AND PREPAYMENTS**|||||| |Gift Aid Tax Recoverable|Unrestricted
Fund
£
11,758|Designated
Fund
£
-|Restricted
Fund
£
-|**Total**
**31-Mar-25**
£
11,758|**Total**
**31-Mar-24**
£
22,058| ||**11,758**|**-**|**-**|**11,758**|**22,058**| |**9. CREDITORS ACCRUALS AND DEFERRED**|**INCOME: AMOUNTS**|**FALLING DUE**|**WITHIN ONE YEAR**||| |Accounts Payable|Unrestricted
Fund
£
1,552|Designated
Fund
£
114|Restricted
Fund
£
28|**Total**
**31-Mar-25**
£
1,694|**Total**
**31-Mar-24**
£
-| |Expense Claims Payable|60|-|-|60|-| |HMRC PAYE and NI|-|-|-|-|854| |Independent Examiner's Fee|1,740|-|-|1,740|1,710| |Pensions Payable|789|-|-|789|-| ||**4,141**|**114**|**28**|**4,283**|**2,564**| ## **10. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** The Charity held no long term labilities during this or the previous financial period. 21 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH) (Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **11. DESIGNATED FUNDS** ## **CURRENT YEAR** |Development Fund
Dorcas Fund
3CMA Debt Advice
Legal Reserve Fund
**TOTAL**|**Total**
Income
Gain/(Loss) on
Expenditure
Expenditure
Transfers
**Total**
**01-Apr-24**
Investments
(Purchase of
**31-Mar-25**
Fixed Assets)
£
£
£
£
£
£
£
417,077
10,549
4,759
(1,450)
-
-
430,935
875
250
-
(12,284)
-
13,600
2,441
2,483
22,714
-
(23,339)
-
4,080
5,938
10,000
-
-
-
-
-
10,000
**430,435**
**33,513**
**4,759**
**(37,073)**
**-**
**17,680**
**449,314**| |---|---| ## **2024/25 Fund Transfers** The fund transfers represent: Dorcas Fund 13,600 transfer from general fund for monthly support 3CMA Debt Advice 4,080 transfer from general fund for monthly support ## **PRIOR YEAR** |Development Fund
Dorcas Fund
3CMA Debt Advice
Legal Reserve Fund
**TOTAL**|Income
Income
Expenditure
Expenditure
Transfers
**Total**
(Gain on
(Purchase of
**Total**
**01-Apr-23**
sale of asset)
Fixed Assets)
**31-Mar-24**
£
£
£
£
£
£
£
392,916
11,640
19,495
(6,974)
-
-
417,077
1,719
-
-
(10,869)
-
10,025
875
3,411
22,952
-
(27,960)
-
4,080
2,483
10,000
-
-
-
-
-
10,000
**408,046**
**34,592**
**19,495**
**(45,803)**
**-**
**14,105**
**430,435**| |---|---| ## **2023/24 Fund Transfers** The fund transfers represent: Dorcas Fund (1,375) transfer to restricted Hardship fund Dorcas Fund 11,400 transfer from general fund for monthly support 3CMA Debt Advice 4,080 transfer from general fund for monthly support **The Development Fund** was established by the Leadership team to support future developments in the church - either buildings or personnel. **The Dorcas Fund** was set up to provide support for various charitable activities. The amounts transferred from the general fund are set at 5% of the charity's regular gifts and offerings. **3CMA Debt Advice** – 3CV has been running 3CMA debt advice for several years. We have now moved the office out of the church and so are looking for external funding for some of its costs. The fund was set up to clearly identify all 3CMA costs and income and be available to support funding applications. Prior to 2014, 3CMA was a part of Frontline Debt Advice. Since 2014, Frontline divided all branches into Members and Partners and 3CMA became a Partner branch sponsored by 3CV. **The Legal Reserve Fund w** as established by the Trustees specifically for potential legal costs. 22 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH) (Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **11. DESIGNATED FUNDS (continued)** The Designated funds are wholly represented by: **----- Start of picture text -----**
31-Mar-25 31-Mar-24
£ £
Fixed Assets 1,455 1,940
Investments 432,607 418,763
Cash at bank and in hand 15,366 9,697
Debtors - 35
Creditors (114) -
449,314 430,435
**----- End of picture text -----**
## **12. RESTRICTED FUNDS** |Designated Gifts
Elaines Fund
Hardship Fund
Michelles Fund
Playtime
**TOTAL**|**Total**
**Total**
**01-Apr-24**
Income
Expenditure
Transfers
**31-Mar-25**
£
£
£
£
£
(1,809)
31,696
(31,983)
252
(1,844)
2,058
100
(419)
-
1,739
1,587
1,500
(1,470)
15
1,632
4,131
-
(1,867)
640
2,904
1,709
2,282
(1,266)
(500)
2,225
**7,676**
**35,578**
**(37,005)**
**407**
**6,656**
**CURRENT YEAR**| |---|---| ## **2024/25 Fund Transfers** The fund transfers represent: £ Designated Gifts 252 games room cost not met by grant. Funded from general funds. Hardship Fund 15 transfer from Designated Dorcas fund Michelles Fund 640 transfer of Gift Aid received for first half of 23/24 Playtime (500) contribution to utility costs |`
Designated Gifts
Elaines Fund
Hardship Fund
Michelles Fund
Playtime
**TOTAL**|**Total**
**Total**
**01-Apr-23**
Income
Expenditure
Transfers
**31-Mar-24**
£
£
£
£
£
(1,267)
3,710
(4,252)
-
(1,809)
3,358
-
(1,300)
-
2,058
-
2,546
(2,334)
1,375
1,587
-
6,269
(2,138)
-
4,131
(60)
3,065
(1,296)
-
1,709
**2,031**
**15,590**
**(11,320)**
**1,375**
**7,676**
**PRIOR YEAR**| |---|---| ## **2023/24 Fund Transfers** The fund transfers represent: The fund transfers represent: £ Hardship Fund 1,375 transfer from Designated Dorcas fund 23 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH)** ## **(Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **Purpose of Funds** **The Designated Gifts Fund** was established to receive various specific offers of support from members of the church and are applied as grants in accordance with the members wishes. **Elaines Fund** was set up following a gift left in a will, for the purpose of enabling leaders, members and young people to attend retreat and mission trips. This fund was set up to help fund people in the church go on missionary trips, retreat days or training events where they would not otherwise be able to afford to do so. **Hardship Fund** is to provide financial assistance to individuals/families in need (no restrictions on what type of financial help) **Michelle's Fund** was set up in 2023, following the sudden death of Michelle, a church attendee. The purpose of this fund is to provide financial help for Michelle’s husband and 3 young children both now and in future years. **Playtime** is a weekly parent and toddlers group with 100+ attending where parents pay a £2 donation. The Restricted funds are wholly represented by: **----- Start of picture text -----**
31-Mar-25 31-Mar-24
£ £
Cash at bank and in hand 6,684 6,895
Debtors - 781
Creditors (28) -
6,656 7,676
**----- End of picture text -----**
## **13. ANALYSIS OF NET ASSETS BY FUND** |Fixed Assets (Tangible Assets)
Fixed Assets (Investments)
Net Current Assets
Long Term Liabilities|Unrestricted
Designated
Restricted
**Total**
**Total**
Fund
Fund
Fund
**31-Mar-25**
**31-Mar-24**
£
£
£
£
£
206,085
1,455
-
207,540
210,054
-
432,607
-
432,607
418,763
92,317
15,252
6,656
114,225
79,920
-
-
-
-
-
**298,402**
**449,314**
**6,656**
**754,372**
**708,737**| |---|---| ## **14. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES** The Company is Limited by Guarantee (07490294) and is a Charity registered with the Charity Commission (1140214) and does not have a Share capital and has no income subject to Corporation Tax. |Surplus / Deficit for the financial year
Other Recognised Gains/(Losses)
Balance Brought Forward
Closing Funds at 31st March 2025/2024|**2024/25**
**£**
40,876
4,759
**45,635**
708,737
**754,372**|**2023/24**
**£**
(9,515)
19,495
**9,980**
698,757
**708,737**| |---|---|---| 24 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH)** **(Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **15. STAFF COSTS AND NUMBERS** |Gross Wages and Salaries
Employer's National Insurance Costs
Employer's National Insurance Costs (prior year/s underpayment)
SMP Recovered
NI Compensation Recovered
Employer's Pension Contributions|**TOTAL**
**2024/25**
**£**
146,547
5,727
-
(8,907)
(267)
4,472
**147,572**|**TOTAL**
**2023/24**
**£**
138,118
5,880
72
-
-
4,003
**148,073**| |---|---|---| The Charity operates a PAYE Scheme to pay all employed members of Staff. The 2024/25 Employers NI figure includes the full £5,000 (2023/24: £5,000) employment allowance claimed. Number of employees at the end of the year who were engaged in each of the following activities (includes full time and part time employees): |Charitable Activities|**TOTAL**
**2024/25**
8
**8**|**TOTAL**
**2023/24**
7
**7**| |---|---|---| No employees received emoluments in excess of £60,000 (2023/24:None) The charity operates a government backed defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. The charity is under no further obligation to make any extra payments irrespective of how that pension fund performs. The employer contributions in 2024/25 amounted to £4,472 (2023/24: £4,003). The key management personnel of the charity comprise the Trustee/Directors and the Church Leadership Team. No Trustee/Directors are remunerated. Three members of the Church Leadership Team are remunerated. The total employee benefits (including employer national insurance and employer pension contributions) of the key management personnel of the charity were £63,752 (2023/24: £73,851). ## **16. DIRECTORS AND OTHER RELATED PARTIES** No Trustees/Directors were remunerated in 2024/25. A related party to Trustee D Wright (his spouse) received remuneration of £16,865 (2023/24: £21,216) for her role as Pastoral and Projects Leader. Employer national insurance and employer pension contributions totalling £2,157 (2023/24: £2,309) were also paid by the Church in connection with this employment. These payments are also included in the key management personnel calculation in note 15. No other payments were made to directors or any persons connected with them during this financial period. No material transaction took place between the charity and a trustee or any person connected with them. 25 ## **3 COUNTIES VINEYARD (FORMERLY KNOWN AS THREE COUNTIES CHURCH) (Company Limited by Guarantee)** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **17. RISK ASSESSMENT** The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **18. RESERVES POLICY** The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily. ## **19. PUBLIC BENEFIT** The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Report of the Directors. The directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 26 ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** I report to the trustees on my examination of the accounts of 3 Counties Vineyard for the year ended 31st March 2025. ## **Responsibilities and basis of report** As the charity’s trustees of the charitable company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the charitable company are not required to be audited for this year 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 section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. The company’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a member of The Association of Charity Independent Examiners. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that: - accounting records were not kept in accordance with section 386 of the Companies Act 2006; or - the accounts do not accord with such records; or - the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than - any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or - the accounts have not been prepared in accordance with the Charities SORP (FRS102). I have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: FCIE Date: 22 October 2025 Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South West Sussex PO20 7EG 27