Do¢vsign En%*lope10.. 838gC￿2.3cCE4Aoc.ACFE.7￿D79￿4F0gCl Charlty v•gistration numb•r 11S0752 Company regi$tratlon nuM￿r 08341699 IEngland and Wale$l COVENTRY VINEYARD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 lliiiiiiiii *AEDT8T)7" 2311LY2tr25 COMPANIES HOUSE DoLXJSiOft Envew ID.. 8389C9C2.JCCE4AOC-ACF&7*D79W09CI COVENTRY VINEYARD LEGAL AND ADMINISTRATIVE INFORMATION Trustee$ A Curran N Sutton C Munford R Farr$ll T Labeodan G Ndaruhutse (Appointed 9 June 2025) hority number 1150752 Company numb•r 08341599 Rtrgisternd office Studio 3 54 Grafton Street Coventry CV1 2HW Independent examin•r Spen¢er Gardner D￿knn5 Limited 3 Covenlry Innovation Cheetsh Rtsad Coventry CV12TL DorJJ5ign En¥elope ID.. 838gC9C2.3CcE4A￿ACFE.7hD79BAFO￿l COVENTRY VINEYARD CONTENTS Pag? Trustees. report Independent examinerfs ￿port Statemenl ol financial aclivitiès Balance sheel Notes lo the ffinantsal ststements 10-19 DocuskJn En¥eloFe10". 8389C9c24CCE4AIC.ACFE-7A079WO￿l COVENTRY VINEYARD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 31 MARCH 2025 ststus Coventry Vineyard is a rwslered c*arity, charity numbei 1150752. dufy conslituted by a Trust Deed and operating as a ¢hurch. Coventry Vineyard was I￿￿)7pOrated as a company limited by guarantee (company no 083415991 on 27th December 2012 and was registered Mth the Charity Commission under refe￿nce 1150752. Charity Transfer On 1s1 April 2013. the nèl assèts and a¢livitie5 of Coventry Vineyard, charity number 1094167, an unIn￿rpOrated entity, were transfèrred to the company. Ihe company being dormant until that date. Organlsatlonal Structure The day to day tunning ol Ihe ¢hurch is delegated to the employed pasloral and administralive staff led by the Senior Pastors, Nick and WIGki Suiton. Nick Sutton is also a trustee. Appolntrnent of Trusts•s New trusteès ar8 made by the recommeThJats"on of the Seniot Pastor and ratified by exi51ing Truslees who appoint by a resolution of the Trustees passed at a meebng ol the frustees. Truslees serve for a three year lerm. Trustees will recruited wrth refeience lo their commitrnent to the Chur¢h. the Specific need5 of the d)ariiable company and the working dynamics of th• Tru$tÈe team. Professional Advisors The Trustees will from t#ne to lime appoint exiemal athsors to advise the Churth with ￿gard to specifi¢ areas. Curient appointrnents are.. Finance- Stewafdship SeThices HR Advisor- Catherine Bartlem Rèlatlonshlp wfjth w1n•ya￿ Churches UK Coventry Vineyard is a member ol Vineyard Churches UK (VCUKII. a eharity functioning as a resource for similar church&s. In particular, they prowde signrfunl ￿sOurCes, training and pastoral oversight. Membership also alli)ws Mr Nick Sutton lo be a Iironsed accredited pastor who has a fight to use the t1aderna￿ed 'Vineyard- name. The 3$$ocialK*n prwdes pastoral care for the senK>r Pastors and fami￿. and an extemal reference concerning chufeh affaifs and do¢trine. Coventry Vineyard grants S% ol its annual income lo Vineyaid Churche5 UK. Leadèrshlp Strueture Coventry Vineyard has several areas ol leadership which overlap. Each area has distinct re5pon5ibililie5 irb order lo lake adequale care ol each church member and conkn.nue ongoin9 Ou￿ard ministry to benefil the community. The leadership slru¢iLÈre and responsibilTrb"es are as foifows.. 11 Tru$tee$ The full responsibiliti.es of the Trusteesn)"rectors are sel out, in ￿Spect to accounliThJ and fina￿al information. in the Coventry Vineyard Trust Deed. Further Responsibilities indude". To advise the Senior Pastors on staffing. saLaries and ernploymenl issues. To manage the kgal ￿SPonsIbl1111eS of the charity and ensure lull compliance wilh legislation. To create a slrong safeguaiding Culture thal piotecls the m051 vulnerable n our G¢mmunily. Docusiw En¥dcpe ID.. 6389CgC24cCE4AOCthLFE.7AD79BAFO￿l COVENTRY VINEYARD TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 2} Nelghbouthood Leaders and Dlscernment Group Our Di5cernmenl Group, made up of key kaders. Wofk along$pJe the Pastors in detemiining the th"rg¢titin and focus of Coveniry Vineyard. Our team of Neighbourhood Leaders assist the Senior Pa$tors w) fvlfillin9 the wsion and direclion of Coventry Vineyard to be more intentional about disciple-makn"ng. engage wNh our neighbours. provide pastoral cafe and coach Life Group Leaders. 31 Lile Group L•ad•rs Encoura9e those in Iheir groups to Itve a Ibfe of worship. Equip chuith members to live a$ followers ol Jesus li.e_ the Chrith"an Faithl. Creat8 a cU￿u￿ in which people express love in practical ways both insKle th8 group and to those in o neighbourhoods and communities. Provicle pastor81 care for church members. 41 Coordinators Oversèe the rninislry areas ofthe Churth". Vineyard Kids (Children'5 Ministry) Youth Ministry Sunday Morning Gathering Worship Obje¢tlves *nd activitie> The vision of Coventry Vineyard is to becom& one churth of 'disciple-making' disapl8s in multipb? lo¢alions across Coventry and beyond. The objectives ol Coventry Vineyard come under three categories.. 1. Encouraging people to worship God in Iheir everyday lives 2. Equipping people to INe life as followers ol Jesus 3. Express1ng the love and compassion ol God to those in need in pract￿1 ways The Charitable Objectives of Coventry IAn¢yard are.. A. The advancernenl of the Christian farth in accordance the Vineyard Churches UK ststemenl of faith. values, priorities, practices and leadership standards appearing in the schedule herèto in Coventry and in su other parts ol the Uniled Kingdom as the trustees may from time to lime think fft. 8. The relief of the poor and needy, Ihe sick and elderty in Coventry and suth t)Iher parts of Ihe United ￿'n94￿M or the World as the trLtst8as may from bme lo time think fit. C. The lurtherance of TelKJious or secular publ￿ edLUtion. D. Stsch olh&r charitable objectives and lor the benefft of such other charitable institutions as the Iruslees in Iheir absolute di5¢retiori seè ffiL The activrties of Coventry Wineyard ¢an te summarised as follows.. a. Providing worship for those who allend the chwch on a weekty basis. b. Proclaiming the gospel ol Jesus Chri51 through teathiny and deM￿stra￿.￿g the love. mer¢y 8nd grace of God. c. Undertaking wular'communty projpcis.. the aim of whith t5 to womde help and assistance to thD5e w) need. to gncourage people lo be more awafe of God and lo demonstrate the gospel of Jesus Christ in a pra¢tical and tsngible way. The trustees believe thal Coventry Vlneyard complies wilh the Chanly Commission's guidanee on public benefit and in particular, Ihe speufic gu￿anCe on charib.es for the advancemenl of ￿lIgIon. Doctsslgn En¥elcpe ID.. 8389C9C2.3CCE4WA￿7￿?9￿09CI COVENTRY VINEYARD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 AChi•￿Ments and p•rfomian¢t Public Ben8fft In planning the charity's actiwties Ihe Trustees have given ￿nsid￿rat￿ to the guidan¢e provided Liy the Charity Commission on 'public benefif isstsed in December 1998. Sunday Venue Our weekly Sunday Moming Gathering has conlinued to be at Foleshll Comrnunty Cenlre (157 Foleshill Road. Coventry. CVS 6HW) - a pla¢e from which we also run our Grow￿"d$ ministry. Our move to the neighbourhood of Foleshill has enabled u5 to develop our cornrnitment lo being a more multiujttural church. We have seen a greater diversity in those allending our Sunday Moming Gatherings and have made sMJnlf￿nt steps lo engage wrth Ihe Foleshill Community through our Messy Church and Community Lunch on the first Sunday of each month. The Sunday Moming Gathering remains a key and Important element of in-person gatherin9 and corporate worship and ¢rea(es a space for peo to expenen¢¢ the lrfe ¢hangin9 presen¢e of Jesus. be encwraged and equbpped to live as followers of Jesus. Offic• Premises The Covenlry Vineyard office is tocated al Studio 3. 54 Grafton Streel. CV1 2HW. We use these premises offices for church operab"on$, a5 wel a$ for prayer m8eb"ng5. trainin9 and one of our life gf041p$. Employm•nt Coventry Vineyard employs one Pastor Ilull-lime), one Pastor Ipart-time). a Children and Familie5 Pastor (part. limel. and an Office Manager Ipart-timel. During Ihe year. an Assistsnt Pastor {part-t¥nel was empk¢yed on a 12 month fixed-term contracl. Sabbatical In the summer of 2024, Ihe Senior Past¢X5 IN￿k 8 Vi¢ki Sutton) took a Sabbalical. Our new As51$1ant Pastor was appointed just ahead of this, who worked alongside our existing Lile Group Leaders and Core Leaders lo lead the chuich during this time. Worship Encouraging worship, both ¢orporate sung wotship and individual worship in everyday lives. continues to be a priority al Coventry Vineyard. We are pa55ionale about worshippin9 GL*Y and allowing space for His Spirit to move during tirnes of Sung worship. The wrnlenl and diie¢b"on of the worship. induding the introductson of new songs. encourages a onerybody approach lo worship_ Church Community The infrastructure ol our ¢hur¢h corNnunrty revofve$ arourKI our Ltle Groups in whicl) we.do life logelher and bring the lrfe ol the Kingdom to our ne￿hboUrS". Ou¥ ￿siOn is lo show our generation how to follow Jesus and bring kingdom transf¢mal￿n to the worfd around us. Our current stratÈgic focus is to be one d)urch of 'disciple-making' disciples in multiple localions a¢r05s Coventy and beyond. Ou¥ Lrfe Groups are where we 'do life tO9elhei'. developing authenb"¢ relationships both wrth one anoiher and with Ihe communities in which we live. Life groups are where we equip one anothèr to l*ve lrfe as followers of Jesus and encourage one anolher in spiritual fomation. Each Life Group also has an ou￿rd I0￿S and 'adopts' a communtylneighbourhood, serving their neighbour$ logÈthÈr. expressing Gods love in pradical ways. and buiksing k)ng lasting rel3kn"onships in the community (especially in deprived areas ol our communrtiesl. On the first Sunday of the month the life groups engage wrth their neighbours and 'b¢ church. in Ihtir ci)mfflunity. Joumey Groups {$maWer groups of 3 to S wplel ¢ontsnue to occur thfou9houl church. These are designed for those who have made the de¢ision lo find out more abL)ut Jesus and Ihe BI￿￿ and 90 deeper in their spwitual growth.. forming habits that help them to be¢ome more like Jesus and share Hifn with others. Docu¥kJn Envelope10". 8389c9c2.3ccE4A￿-ACFE.7N079W￿l COVENTRY VINEYARD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Vlneyard Kids We have ￿ntInued to run a Sunday Morning Kids programrne for 2-10 year-okas al Fobeshill Communiiy Cerntre on weeks 2. 3, 4 and 5. This programrne seeks to encouragè chiklren.. in their spirilual and ernolional devdoprnent", to have lun in a safe enwronment.. lo develop their social skills with chihlren of different ages". and lo feèl a valued part of a larger cornrnunty. Our under 2's have de¢Ji¢aled space in the main hall, Whe￿ parenislcaiers can supemse them pLay*ng duriny the mofning gathèring. We continue to have time as a Who￿ thurch on a weekty basis. where our kids stay in with th¥ adutts for the first part ol worship foll¢)wed by a kids slot Iprimarily 3imed at kids and lamiliesl. introduang their lopi¢ for the day. We had an all-age gathering #l Christmas where the kKls and adulls worshipped atN1 learned about God logelher. Youth Our youth group 15 for young people in year 6 to year 10 (11-15 years old). The youth group is based around bible discu$$ion anij games. Hot thocowe and marshmalk)w5 are also consumed in quite large quantitiesl We took 4 young people to the youth chri5ts.an festival 'Dreaming the Impossible, in August alongside Bimiingham Vineyard. They all have had a great ts.me and they took step lo￿ardS in Ihèir farth. GrowKlds GrowKids recycles nearly-new dothes. toys an(1 equipment to help tsmilies in need wilh Children undw 11. This is regardless of incorne. background, or farth.. no referral 15 needed (except for items such as pushchairs, nappies, lormula and baby food), and all item5 arè freè_ GroWK￿5 15 based at FO￿shI11 Community Cèntre r&n Fridays tye￿een 10'.30am- 12..00pm lft>r famlie$ to ¢oUe¢i rtemsl and 12-.30- 2".1)Opm (for donations to be madel. Our vision is to build Strong relationships and a Communtty with isolated and strltgyh'ng families. We work from the social supermarket's premise5 which allow5 v$ 10 5upporl many families in ihi$ very deprived a￿a. We're supporting children in their eartiest yea¥s, and are hopeful that Ihis will improve their chan¢e5 01 reaching their full potential In the lutUTe. We seek to empower 1amil￿S and help them realise theiT poleNial by encouraging them to volunteer on our team and become part of the solution. We gratefulty receive donations from our farnilie5 when they outgrow items. helping them feel they are contribulin9 to the solution and helpiThJ olher families in need loo. Over the last finanual year we have helped 156 familie5 {including 101 new famil￿5). donating around 9,750 ilemsl INe have haé 29 families come lo our Stay & Play without recerving donalions. Eath 5èss10n is run by around 10 volunteers, several of whorn corne from QLtside the church and have re¢eived support from Growkids themselves. We have signposled Several tsmilies to olher Organ￿1￿1ns su¢h 8$ Chrisbans A9ainst Poverty. Household Support Fund and Feeding Coventry. Voluntepr5 We conts'nue lo train and release new vdunleer leaders. Coventry Vineyard is indebted to the volunteer5 that make 'ministry' happen and enable us to meet our chafitable objedNes. Our volunteers give a substantial amount of lime and energy and ale cornrnitted lo the vision of Coventy Vineyard. and to see INes changed by the person of Christ and power of His Kingdom. Actlvlties In January 2025 we ran Alpha - an 11-week course that rjeales a space where peO￿e tan have eonversats.ons about fa￿h, lrfe and Gtxl. 18 People attended this course. In January 2025 we started a new ¢ohort of Vineyard Leadership Essenlials iVLg - a monthly training course that covers many of the mosl inwortani and foundaty.onal aspea$ of ￿aderShiP. We currenily have 10 people Signed up for VLE. DOcus￿n En¥elope10". B38Kgf2-3CCE4A￿ACFE.7ND7sBAFogCl COVENTRY VINEYARD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 HOPE.. Coventry. and CAP We continue lo support HOPE.. Coventy IRe9iStered Charrty Number: 115$912} whith gxi$l$ 10 grow a connecied church in Coventry thal demonstrate5 the love of Jesus for the benefit of the city. 11 does Ih1s by supporting initiatives thal connect the churches togelher and projects that meet the needs of the vulnerable. As part of this we also support Chri¥tian¥ Against Povgrty ICAPI. which equip5 peopk 10 9el out of debt and be empowered to address some of the most cornrnon causes of povety.. debl. unernploymenl, addiction, low income. and difficulty budgeting. Community Projects Messy Chur¢h - Messy Church consists of crafts and actiirities around a bibli￿1 therne, fdlowed by a celBbr•litsn and a lunch. This is mainly aimed towards families with primary s¢hool aged ki¢Js, however all are welcome. Messy Church exis15 to encourage 5Plritual. emolK)nal. an¢ swal development like our Sunday moming kids groups. It also aim5 lo be fun and t¥Jild community- Me55y Churth aims lo be a(xessible to non-thurthpd lamdie$. Community Lunch - Every month we provide a simple lunch for those in the Foleshill Area. Thi5 creates an environment fDr developing ￿mmUn￿Y and provides a heathy meal for families and individuals who may be struggling with the cost of liwng. This is also a wonderful opportunty for members of Coventry Vineyard to invite friends and neighbouTS to experien￿ a ￿ltUre of grd¢e and ge￿rosIty. OVERSEAS MISSIONS ANO DONATIONS Coventry Vineyard raised and donated funijs for the relLef of the poor and needy in Coventry and around the wod*J. 85 well 85 using fvnd$ for community projects. In parts'cular. we havè support8d.' Phll P•rtneTrhip - Coventry Vin¢y8rd ha$ deveklped links wrth ￿neY3[￿ ¢hurthe$ in Ma￿, a place where many Christians face persecution for folbwing Jesus. Vve are eommitted to 5erwng OUT Malian brother and sisters as Ihey make disciple5. planl thurches an¢J create sustainable businesse5. Our role ts to partnor with the growing Mali Vineyard and help devdtsp a Vineyard Chuith Planting movement in Mali, governed and financed by the local ¢hurches in Mali. During this year we made the diffi¢ull de¢isKJn {after over eleven years) to CA)ndude our financial support for the Dalitso Trust Icharity Number. 1090274) in Malawi. We continue to stay in touch with our brothers and sisters in Malawi and prayerfuly support the team in Malaw and Ihe Ulc Nick Sullon currenty serves as Missions Coordinator for v￿eyard Churches UK & Ireland and is relgased by Coventry Vineyard to fvlfil the purposes of this role. This role involves.. providing support and resources to the various Missions Partnerships arouThJ Ihe worfd. being a point of contaci for those enqLMiing abwt VCUKI Intemational Missions and prornoting the ¢on¢opI of working in nNssion partnerships. Promoting 9ood working pracius to VCUKI churches working intemationally Encouraging lo¢al Vineyard churches to engage in ¢ro55-Wrtural mi$$ion$ through OLW partnership strategy Represenling VCUKI In the Vineyard Global Missions team which in¢ludes wothing conaboratively wth otherAssociation5 of Vineyard Churches arthjnd the worhj. Flnanelal revlew The charitable company made a deficit in the year 01£3,51812024- Su￿uS of£22.039). Totsl in¢ome decreased by 13% on the previous year. w"m8rity thie lo grants re¢eived in the prior yeai towards GrowKids activity. Totsl eXpendrtU￿ increased by 4% compared to 2024. This was piimarily a ￿SU[l of a reducb.on in staff costs, due lo slaff members reducing working hours. offset by increased Ministry and Ouireach spending. 100A of our income was given away in Charitab￿ donations. Re$Èr4es Policy The ￿ServeS pokcy is Ihe total of.. months salaries for 811 staff. six month5 costs for Foleshill Communty Cenlre, rental for Studio 31offi¢¢l to the end of the tenanry, ￿u5 phone contracts and accountsncy cos15 lor one year. Unrestricted ￿5&￿ totalletj £￿.857 ty1 31 March 2025. which is £31.534 over our reserves Wi￿. Drxu5ign Env*e10.. 838&f￿2.3GCE4A0&AcFE.7AD79BAF￿1 COVENTRY VINEYARD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Summary li should be noted that the abo¥e is not an exhaustive lisl of aclmties. Hmvw. they demonsirate thal Coventry Vineyard is continuing to fulfil Its obliyalions and achieve ts obiectyves. Those who are members of Covenlry Vineyard have grown in their faith and belief. and demonslraled this by their actions of serving the rest ol the church communrty and 9ivin9 finanryalty to those in need. New people have become aclive members and partK4"panls ￿ the communty of Coventry Vineyard. Risk Management Coventry Vineyard has a Chikl Protection Policy {http$-.Ih•A￿.C0Ventyv￿)eyard.Qr9IkIds_hIMI) that ￿gUlate$ 811 persons working with youth and children. We also wn Safvguarding Training three tsmes a year which is compu150ry for all involved in and youth work. A risk assessment has been carried for the &mday Moming Gather¢ng. inchjding chldren's work. The systems of internal control are desvJned to provide reasonable. but not absolLrte. aswon¢e a9ainsl.malerial missl8lement or10ss. They inciude".- An annual budgel appro¥ed by Trustees Regular ￿nSiderat￿on by the Trustees ol financial fep¢)rt$ D81egation of authoiity and segrÈgation of dut￿5 Ideniificalion and management of nsks The Trustees aim lo review, ￿ a reguL4r basis, the man rTrsks that the Ixes. They believe that mainlaintng free reserves at a level staled on page 8, combined wrth appropriate reviews of the controls over key financial systems providè SLtffiaenl resourcès, bn the evenl of unexpected advèrse condit+ons. Structure. gov•manc• and management The trustees. who are also Ihe d1￿CtorS for Ihe purpose of company law. and who served during the year and vp lo tt)0 ¢Jale ol signature of the finanual statements were.. A Cuttan N Sulton C Munford R Farrell T Labeodan G Ndaruhuise (App)inled 9 June 2025) Ind*p¢ndent examiner In accordance with the companys" artK4es, a resoknion PTOPOsi￿j Ihai Spen¢er Gardner Di¢kins Limr(ed be rèappointed as independent examiner ofthe company will be put al a General Meeting. The liuslees. rewt was approved by the Board of Trustees. Ckns C Munfoid Tru$tee Oct 21. 2025112.'38 BST Date.. Docusign EDvelcye ID.. 836K&r2.3CCE4AON￿.7￿D7g￿r1jCI COVENTRY VINEYARD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF COVENTRY VINEYARD I report lo the trustees on my examination of the ffinancial statemenls of Coventy Vineyard (the charitable cornpany) for Ihe year erKled 31 March 2025. Responsibiliti•s and bas1¥ of rèport As the trustee$ of the char(iable company land a150 ts directors lor the purpose5 of cornpany law) you are responsible for the preparab.on of thè fin8ncaal statemen15 in accordance wth the requirements of the Companies Act 2006 {Ihe 2006 Acti. Hawng satisfied myseK that Ihe finanaal $tatemnls of the ¢haritable ty)mpany #re not required lo be audited under Part 16 of the 2006 Act and are eligible f¢y indèpendent examinat￿n. I report in re5pe¢t of my examination of tho charitable cornpany's financial ststemenls ¢amed out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have loklowed all the applicable Directions given by the Charity Cornmission under section 1451511bl ol th& 2011 ACL Independent examinerfs statement I have ¢tsmpleied my examinalion. l ¢onfiThn that no matters have come to my attenlion in connection wilh the examination giwng rne cause to believe that in any material respect.. a¢countiThg records were not kept in respect of thè charitablè CoMp￿Y as r8quired ty section 386 of the 20r Act", or Ihe fin#n¢ial staternents do n¢1 accord wrth those re¢ords." LY the financial $tatemenls do not Comp￿ with the accounting requirements of sedion 396 01 the 2006 Act olher Ihan any requiremènt Ihat thè accounts gNe a true and fair vlew which is not a matter eonsidered as part of an indepenaenl examination.. or Ihe fjnanaal staternents have not been prepared n •C￿rdanCe wlh Ihe methods an4 prino)les of the Statement of Recommended Practice for a¢xountin9 and ￿porting by chariiies applicable to charilkes preparing their a¢¢oun15 in ac¢ordan¢e wilh the Financial Reporting Standard applicable in the UK and RepuNic of Ireland IFRS 1021. I have no conc8ms and have ￿rne across no other matters in comeothn with the examinatth to which altenth should be drawn in this report in order to enab￿ a prL)per underStandW￿ ofthe financial 51alemen151o be reached. DÈm$èy Slat•t FCCA Spgn¢or Gar(Iner Dicki￿ Lifflitsd 3 Coventry Innovation Villa9e Cheetah Road Coventry CV12TL Oct 21. 2025119 21 BST Dated.. Do¢Lts¥n Envelope ID.. 8389C9C24CCE4AOC-ACFE-7AD79WOK1 COVENTRY VINEYARD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unmtrl¢t•d Restricted funds funds 2025 2025 Total Unr•strict•d R•strl¢t fun)st and subsequenuy measured at cosl or valuation, nel of depreualion and impairmenl105se5. Depreciation is ￿CogniSed so as lo wrile off the c051 or ￿uation of a550ts less theti re$Nlval v¥lu8s ov•r their usefvl lives on the following bases-. Fixtures and fittings 20% strai9ht k'ne The 9ain or1055 arising on the dtsposal ofaft asset 15 determined as Ihe drflereni* betweèn the salo w¢ceeds and the carryin9 valu8 of the asset. and is rewgnised in the slatement ol financial activitw. 1.7 Fixed a$set Investments Fixed asset investmenls arè initialty measurèd at transactK)n price excluding transaction costs, and arè subsequently measured at fair value at each feportin9 dale. Changes in fair value are recognised in net incornellexpenditurel for thè year. TranSa¢b￿ cosi$ are expènsed a$ InCu￿e￿. Thè rnain form of finan¢ial risk faced by the charily is that of volablity in equily markets and investment mathets due lo wKler economic C￿￿1￿.0ns. the attitude of inveslors to investment rssk. and changes in sentiment ¢on¢eming equities and wrthin particular 5eclors or sub sectors. 1.8 ImPJirn￿nl of fixed assets At each reporting end date, the charitable company rewews thè carying arnounts of ils tangible assets to determine whether there is any indication Ihal Ihose assets have suffered an impaiment loss. If any such indication exists, thè rec￿ra￿e amc¥Jnt of the asset is estimated in ordef lo delèmine the extent of the impaiimenl loss {il any). 1.9 Cash and cash equlvalents Cash and cash equivalen15 indude ¢ash in hand. deF)05its held at call wth banks, olhèr short-tem liquld investrnent5 Wlth original rnalurities of three rnonths or less. and bank overdfafts. Bank overdrafts are shown within borTowsng5 in cu￿ent liatrAlrfie5. 1.10 Financial in$trumants The charitable company has elecled lo appty Ihe prO￿S1On5 of Section 11 'Ba%c Financial Instruments, and Section 12'01her Financial In5trurnents 155ues' of FRS 102 to all of rt$ finanoal instruments. Financial instruments are recc*Jni5ed in the charrtable cr)mpanYs balance sheet when the charrtable company be¢ornes party lo the ￿ntra¢l￿al provision$ of the inslrumenl. Financial assets and liabilth.es are offset, with the net amounts presented in the finanry81 stslements. when there is a legalty enfor¢eable right lo set off Ihe reco9nised amounts and there is an intenlion 10 Settle on a net basis or to realise the a55et and seule the liabih.ty simultaneousty. Ba51c financlal•ssets Basi¢ financial assets, which indude debtors and ¢ash and bank balances. are initially measured al transaction price induding iransaclKJn costs an(J are sub5equenlly ¢arried al amorbsed cost using Ihe effeclwe inleresl method unless the arrangement constitutes a financin9 transaction, wheT8 the Iransaction IS measured at the present value ol ihe ftjttjre Te¢eipl$ discounted at a markel r*e of inleresl. Finanrjal assets das5ified a5 reCeiVa￿e within one year are not amorlised. 11 OD¢￿s19n Envelop¢ ID." 8389C9C2-3CcE4KC-ACFE-7AD79BAFO￿l COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Accounting po15ci IContlnu•dl financiTalliabilitles Basic financial liabilities. ￿￿uding and bank loans are initialty re￿gnIsed at Iransa¢tson price unless Ihg arran9errtent constitute5 a financing transacts'on. where tha debl inslwment Is measured at the present value of the future paymenls discounted at a mathet rate of inlere$l. Finanaal liabilitie5 classified as payable wrthin one year are not amortised. Debl inslrumen15 are subsequenty Carried at amortised cost. usiNJ Ihe effective interest rale method. Trade creditor5 aTe obligations to pay for goods or seThitss th8t have been aoauired in the ordinary course of operations from suppliefs. Amount$ payable are clas5ifie)gnised when the charitable companls contractual obligation5 expl￿ or are discharged or ¢ancelled. 1.11 Employee benefits Th* cost of any unused holiday enliuemenl 1$ rectsanised in the perK)d ￿ which the empbyee's semces are eiv•d. 1.12 R*tir•m•nt b•n•fits Payments to defined ¢onlribulb)n retwement benefft 5¢hemes are charged as an expense 85 they fall due. Donations and lega¢les Unrestrletsd Restrkt•d funds funds general 2025 Totsl Unr8siricted Restricted funds nds general 2024 Total 202S 202S 2024 2024 Gift aid donalions Other donat￿?￿$ Income lax 79.178 24.480 19.672 79.178 29.915 19,672 77,124 18,X 20,372 77,124 49,961 20.372 5.435 31,655 123.330 5.43S 128,765 115.802 31.655 147,457 Income from Inveslm•nts Unrostrf¢led Unreslrfctsd fundg funds 2025 2Q24 Interest rec8ivab18 1,732 12- Docu*n En¥elope ID.. 93$￿￿2.3ccE4Afjc-ACFE.7AD19￿IF0KI COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Other Incom• Unre8trlcted Unrestrfetsd fundg funds 2026 2024 Nel gain on disposal oftsThJible fryed assets 134 1.632 Expendlture on cha15tab￿ actlvltl¢s Charitsble Charftsble •xp•nditur• •xp¥nditur• 2025 2024 Direct costs Staff cost5 Oepreciation and impwrnRnt Sunday moming$ Worship and PA 77,717 1.732 9,138 933 8.018 1.013 66,691 1,637 12,117 954 12,518 674 732 2,406 397 14,886 9,215 4.110 573 1,872 Youth NeighbourhcKJd irmtiatives Hospitality Senior Paslor d$ve￿pment Oonab'on$ Offi¢* costs Administration Motor expense$ Legal and professional costs 2,686 288 13,118 9,688 5.576 1,395 2.008 134,479 128,782 Analysis by fund Unre51ricled ftJnd$ Rèstricted funds 127,659 6.620 117.987 10,795 134.479 128,782 Included in the expenditurè above ¥e govemance costs relating io Indepertderrt Examiners fees of £1,fj62 (2024. £1.5841. 13- DOcu8￿n En4%￿& ID.. a389cgc2.3ccE4A￿-ACFE.7Ao79PAFo￿l COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Net mov•ment in funds 2025 2024 The nel movement in fun(ts is stsled after thargingllcredrfing): Fees payable for the independent examination of the tharills financial statements Depr¢¢ialion of owned tangible fixed asse15 Profft on th"sp)sal of tangible fixed assets 1.682 1,732 {734) 1,584 1,637 (1,632) Indeyndent Examinef$ Rtmuneratlon Tho analysis of independent e￿Ine¢S remuneration is a5 folknws.. 2025 2024 Independenl &xaminalion Of￿ ¢haiilable ¢ompany'$ annual accounts 831 792 Othtr servi¢ès to thè Charltsb￿ eompany Preparatson of annual accounts 831 792 Totsl indepèndent •xaminerfs fees 1,662 1,584 Tru$t••* During the year ended 31 March 2025 the ¢ha¥ity paid £40.I￿12024.' £37,907) in remuneration to rts Iruslees as permitted by Ihe charrty's tru51 deed. Ouring the year ended 31 Marth 2025 the charity pai{1 £3.191 {2024'. £1.045) in expenses lo fv49 of the trustees in respect of travel. 5ubs1sler￿￿. h05Prtality and re50vrce5 for volunlews. No conflicts of interest were iden11f￿￿ in relation lo the payfflent of remuneration or expens&s to trustees. Employe•$ The average monthly number of employees duriThJ the year w8S'. 2025 Nurnb•f 2024 Number Employment ¢o$ts 2025 2024 Wages and salarie$ Other pension cost$ 74,179 3,538 83.657 3,034 77.717 66.691 There were no employees whose amual remuneration was more than £60.0W. 14- OocvsKJn EnveW10.. 8389C9C24CCE4NI£-ACFE.7AD79&4FOgCI COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Taxation The chaity is exempl fr¢Jrn tsx on income and gains falling wthin 5ects.on 505 of Ihe Taxes Act 1988 or seclion 252 of the T8xation of Chargeable Gain5Act 1992 to the extent that these are applied lo its charitable objects. 11 Tanglble f5xed assets Fl¥tuT￿ and Co$t At 1 April 2024 Additions Disposals 13.031 690 12,343) Al 31 Mard12025 11,378 Depreciation and impalrnie Al 1 April 2024 Depreuahon charged in the year Eliminated in respect of disposa15 8,367 1,732 11,2121 At 31 March 2025 8,887 Carrying amount At 31 Marc17 2025 2,491 At 31 March 2024 15- DtKU51gn Envelope ID.. 8389c￿2.?cC￿4AQC-AcFE_?￿Q7WF￿I COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Flx•d a$$•t In¥•stm¢nts Unllst•d knvestrn•nts Cost or valuatlon Al l April 2024 Inlefest 10.338 66 Al 31 March 2025 10,404 Carying arnount At 31 March 2025 10,404 Al 31 March 2024 10.338 202$ 2024 Investments at fair Val￿ comprise.. Green Pastures CBS Loan St¢)ck 10.404 10.338 13 Debtors 202S 2024 Amounts lalling due within (¥ne year. In¢ome tsx IGiftAidl Olher debtors Prepaymenls and accrued income 3,927 1,171 1,199 1,672 1.885 6,297 12,CMJ5 6,297 12,005 14 Credltorn.. •mounts falllng due wlthln on¢ yvr 2(125 2024 Acuua15 an¢J deferred wKome 3,914 DouJ$ign Envelope ID". 83eK9C2-3CCE4A￿-AcFE.7AD79wO￿l COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 R•t5r•m•nt ben•frt seh•m•s 2025 2024 Defin￿ eontrlbution s¢h•m Charge lo profft or loss in respect of defined contribLrtion schemes 3.538 3,034 The charitable company operates a define(l contribution pension scheme for all quali￿.ng employees. The assets of ihe s¢heme are held separatety from those of the chaTrtable company in an independently administe￿d fund. 16 Restrl¢t•d funds The restricted funds of the charity conwse Umxpènded balances of donab"on$ and gran15 hebd on trust subject lo speCffj￿ conditions by doTh)rs as to how they may be used. At l April 2024 Incoming resources Resourc•s At 31 March expended 202$ GrowbQds 30,156 5,435 16.8201 28,771 Prevlous year. At 1 April 2023 Incomlng r950urce$ R¢¥ources At 31 M•r¢h expended 2024 Growl('ds 9.296 31,655 (10,7951 30,156 GrowKlds Growlfj"ds is based al Foleshill Cofflmunrty Centre and re¢ydes nearfy*new ¢lolhes, loys and equipment to help lamilies in need with Children under 11. The wsion 15 to build slrong relatKJn5hip5 and a communily with isolated and slru991in9 families. We also operate Stay & Play sessions that are run by volunleers. 17- Docu5*4n EnvdoFe ID.. 8389C9C2-3ccE4A￿-AcFE.FAD79BAF￿1 COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Unt¢$trlct•d lund$ The unrestri¢ted ftmd$ ol the ¢*arty comprrse the Lrnexpended balances ol donations and grants which are not subjecl lo $petsf￿ condilK)ns by donors and graritors as to how ihey may be used. These indude dewgnaled funds which have been set ￿de oth of unrestn.cted fvnd5 by Ihe tnjstees for speufic purpDSeS. Al 1 April 2024 Incoming resources Regourc•s eX￿nd•d Trnn$fer& At 31 P4knT¢h 2025 Sabbatical fund Church Plant lund Ovtrr$eas Leadership fvnd Dilapidations Fund GrowKids General fund$ 2,500 2,500 750 1,500 s,000 750 1.5C 3,000 86.240 12,5001 {3.(4)01 125.526 1127,659} 89,607 98,9 125.526 {127,6591 96,857 Prfrvious year: At l April 2023 Incoming resources Resources expended Transfers At 31 March 2024 Sabbatical ftjnd Church Plant fund Overseas Leadership fund Dilapidations Fund GrowKids Géneral lunds 2,500 5.000 750 1,500 3,000 86,240 5,0(Kl 750 3,000 85.cfjl 119.166 (117.987) 97.811 119.166 {117,9871 98,990 The Church Plant fund f¢serves are for the purpose ol supportin9 and establishing future churth communib'es sent by or connected lo Coventry Vineyard. This lund is alv) sel aside for Ihe training of fvture potential hurch planter5. 18 Analysis of net assets between funds Vnrnstr¢ted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Tangible assets Investments Current as5etsllliabilitiesl 2,491 10.404 83,962 2,491 10.404 112.733 28,771 96,857 28,771 125,628 18- Dpcusiw En￿lOpe ID". 8389C9C2-3CCE4ACGACFE-7AD79W09C1 COVENTRY VINEYARD NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 18 Anatysis of nel assets bgtw¢en fund5 IContSnued) Unr•strlct•d funds 2024 R*stri¢tsd fun¢ts 2024 Totsl 2024 At31 Mar¢h 2024: Tangible assets Investments Current assetsllliabililiesl 4.664 10,338 114,144 10,338 83,988 30,156 98. 30,156 129,146 19 Op•ratlng1ga¥• ¢ommitsnents At the reports'ng end date the ¢haritable company had outstanding commrtments for future minimum lease payments under non-cancellab19 oporating lease$. wfM"¢h fall due as follows.. 2025 2024 Wthin one year 8?tw¢en and five yga 13,699 10,850 9.178 24.549 9.178 20 R•lat•d party trnnsaetlons Th&re were no dis¢b$able relaled paty transad*￿S during the year. 19-