CHARITY COMMISSION Carlisle Vineyard Church IA company limited by guaranto0) Annual Report and Financial ststements 31 December 2024 Company registration number: 08494400 Charity reglstration numbor: 1152611 dOdd&co
Carlisle Vineyard Church Contents Reference and Adminislralive Details Trustees, report Trustees. responsibilities in relation to the financial statements Independent examiner's report Statement of financial activities Balance Sheet Note8 lo the financial statements
Carlisle Vineyard Church Reference and Administrative Details Charity name Cadisle Vineyard Church Charlty registratlon number 1152611 Company reglstration number 08494400 Register8d offlca Vineyard Hub Former Mitchel Dryerfs Building {Main Entrance) Denton Holme CARLISLE CA2 5DU TrustO0$ A Reynolds, Chair A S Fearon B A Young M Taylor E Hall (Appointed 31 January 20241 Accountsnt Dodd & Co Limited FIFTEEN Rosehill Montgomery Way Rosehill Estate CARLISLE CA12RW Page 1
Carlisle Vineyard Church Trusteès, Report for the Year Ended 31 December 2024 The financial statements have been prepared in accordan with the accounting policies sel out in notes lo the accounts and comply with the charily's governing document. the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin9 Standard applicable in the UK and Republic of Ireland. Governing Documènt Cailisle Vineyard Church fcarlisle Wineyard. or Ihe Churth.) is a registered charity number 1152611 incorporated on 18th April 2013. duly eonsliluted by means of ils Memorandum and Ariicles of Association and operating as a chur¢h. The Trustees conlimi that they have relerred to the Charity Commission public benefrt guidance when reviewing the Charity's aims and objeclives and in planning future activities. Oblactives & Activities The objectives of Carlisle Vineyard are.. 1. The advancement of the Christian failh including missionary a¢tivities in the Uniled Kingdom and overseas and also including, bul not limilad lo, the planting of new churches and organisation of congregations. 2. The reli&f of sickness and financial hardship and to preseThe good health by the provision of funds, goods or services of any kind 3. The advancement of Christian education. 4. To provide or assist in the provision of facilities in the interests of social welfare for recreation or olher18isure lime occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances wilh the objecl of improving the conditions of life. The advancoment of thè Christian faith includlng missionary actlvities in the Unitod Kingdom and over88as also including, but not Ilrnited to. the planting of nèw churches and organisatlon of congregation8. Carlisle Vineyard Church has sought lo continue to strengthen and build on thè previous year8, even though we haven't seen big growth, we continue to welcome new people. The relalionships with the increasing number of people who are connecting with the values of Carlisle Vineyard Church through our venue (the hub of hopel has been encouraging. These evenls lange from NHS using the space for training. weddings, parties. special causes galhering and other events. Cumbria Deaf Association have started a café which is great lo see. The church plant in the South of Cumbria is growing and developing. We continue lo be in regular ¢onnection. The relief of slckness and flnaneial hard8hlp and tho preserrfatlon of good health through the provlslon of funds, goods or services. It was great lo see Give A Day connecting with more schools, businesses. groups, and other churches. The projects are always about helping bring people togelhef to do generous things and help create hope filled environments. Carlisle Vineyard enables Give a Day to happen every year. Every Christmas, we seek to be a practical blessing to those in need. This year we helped with warm hampers, food for a local food bank and gift bags for Cumbria Refugee Action Group who help care for and welcome llew people lo the city. We also gave financial gifts to the local skate park, PAC {a local counselling chalily for young people) and E3 a charity in South Africa who help children access school. The advancement of Christian education Throughout 2024 our Sunday gatherings are safe places for worship, prayer and gather around the Bible. The big church lunch on the second Sunday of every month is a great time for connection. The Scattered Sundays (last Sunday in the monthl is where we encourage people to open up their homes lo invite friends and neighbours lo come and enjoy food. "Reset, the group that met on a Wednesday has now splil inlo tsvo groups, these Iwo groups are important smaller groups of people who are commilled lo doing life logelher. Page 2
Carlisle Vineyard Church Trustees. Report for the Year Ended 31 December 2024 To provide or asslst in the provlsion of facllities in the interests of social welfare for rocreation or other leisure time occupation of indlvlduals who have need of such facllities by reason of their youth, age, infirmity or disability, financlal hardship or social circumstances with the object of improving thoir conditions of life. Community and connection are important valuas lo us, so events suth as wreath making, feast Sundays. and Give a day to the Cily are really important. We are exploring about restarting Space lo Talk in the new year. We continue lo have good connections across the city with other ¢hurches, Safe Families for children, Carlisle Ambassadors amongst others. Organ18atlonal Structure Carlisle Vineyard Church is a company limited by guarantee as well as a registered charity, in which the company directors also form the Board of Tnjslees. The liability of each trustee director in the event of a winding up is limited lo £1. The day lo day running of th& Church is delegated lo the pastoral and adminislralive staff led by A Fearon. Appolntment of TN8ts8 DSroctor8 New trustee dire¢lors 81e appointed when appropriate suitable candidate8 are considered upon the basis of Ih8ir skill, experience and understanding of the aims of Ihe Church. Flnanclal Performance The financial slalements as presented show a deficit on unrestricted funds during the perlod of £7,067 and surplus of £70 on reslrcited funds during the period. Performance against Ihe charitable aims and objectives of the organisallon are nolad In the section 'Objeclives and Aclivilies" Reserves Pollcy The trustee directors have examined the Church's requirements for free reseryes In the light of the predomlnant risks to th8 Church. The main risk is a Teduclion in the Church communily giving rise lo a reduction in income. The trustee directors have reviewed the reserves policy and consider it appropriate to aim lo relain free rese¢ves up lo the equivalent running costs lor six months. As at 31st December 2024 the general protected seNe amounted to £25,087 and this is expected lo vary during 2025 in the line with Church expendilure and Church community levels. This policy will be kept under constant review. Free reserves as at 31 DecA8mber 2024 are £27,079. Rl8k Management The systems of internal controls are designed to provide reasonable, but not absolute assurance against material misstatement or loss. They indude: al An annual budget considered by the trustee directors. b} Regular consideration by the trustee directors of financial reports. cl Delegation of authority and segregation of duties. dl Identification of management of risks. The trustee directors aim lo review on a regular basis the main risks Ihat the Church faces. They believe that maintaining free reserves, combined with appropriate controls over the key financial systems, Provides stjfficient resources in the event of unexpected or adverse conditions. The trustee directors are also of the opinion that adequate systems are in place to miligale any significant mallers arising from operational and business risks. Page 3
Carllsle Vineyard Church Trustees. Report for tho Year Ended 31 December 2024 Small company provisions This report has been prepared in a¢cordance with the small companies regime under the Companies Act 2006. Approved by the Board on 25 March 2025 and signed on ils behalf by.. A Reynolds Trustee Page 4
Carlisle Vineyard Church Trustees. Responsibilities in relation to the Financial Statements The trustees (who are also directors cl Carlisle Vineyard Church for the purposes of company lawl are responsible for preparing the Truslees, Annual Report and the finanryal statements in accordance with applicable law and the Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,. Company law requires the ITustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and application of resources, including income and expenditure. of the tharilable company for that period. In preparing these financial statements, the trustees are required lo- select suitable accounting policies and then apply them consistently., obseNe the methods and principles in the Charities SORP- make judgements and èslimales that are reasonable and prudent-. state whether applicable UK accounting Standards have been followed, subject to any malerial departur&$ disclosed and explained in the financial slalemenls., and prapare the linan¢ial statements on the going concem basis unles$ it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper arxounling records Ihal disclose with reasonable accuracy al any lime the financial position of the charitable company and enable them to ensure that tha financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prévention and detection of fraud and other irregulari118S. Page 5
Independent Examiner's Report to the Trustees of Carlislo Vineyard Church I report on the accounts of the company for the year ended 31 December 2024, whrch are sel out on pages 7 10 19. Respective respon8ibilitles of trustèes and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trLtslees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 as amended by the Charities Act 2022 (the Act) and that an independent examination is needed. Having s8t18fied myself Ihal the chaiily is nol subject to audil under Part 16 of the Companles Act 2006 and is eligible for independent examination. il is my responsibility lo: examine the accounts under se¢lion 145 of the Act: follow the procedures laid down in the General Oireclions given by the Charity Commis$lon under section 145 (51 {bl of the Act,. and stale whether particular matters have come lo my attention. Basis of Independont examlnèrf¥ report My examination was carried out in accordance with the General Dlffjctions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.11 also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in 8n audit and consequently no opinion is given 89 lo whether the aecounls present a 'true and fair view. and the report is limited to those matters set out in the statement below. Independent examSnar'8 #tatement In connection wilh my examination. no matter has come lo my attention.. (11 whlch gives me reasonable cause lo believe that in any material respect the requirements.. lo keep accounting re¢ords in accordance with section 386 of the Companies Act 2006., and lo prepare accounts which accord wilh the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Slalemenl of Reeommonded Practice.. Accounting and Reporting by Charities have not been met; or 12) to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts lo be reached. FIFTEEN Rosehill Montgomery Way Rosehill Eslale CARLISLE CA12RW Joanne Thomlinson FCA Dodd & Co Limiled Chartered Accountants 25 March 2025 Page 6
Carlisle Vineyard Church statement of Financial Activlties (including Income and Expenditure Account) for the Year Ended 31 December 2024 Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Nots Income and endowment8 from: Donations and legacies Investments Charilable activities Total income and endowments 64,927 507 27,215 92,649 3.924 68,851 507 27,215 96,573 66,828 476 18.632 85.936 3,924 Expendlture on.. Charitable activities Tolal expenditure 99,716 99,716 3,854 3.854 103,570 103,570 96,696 96,696 Nel expenditure before transfers (7.067) 70 {6,9971 {10,7601 Transfors Transfers between funds Nel movements in funds 17,0671 70 {6,997) 110,7601 Raconcillatlon of fund8 Total lunds brought forward Total funds carried forward 35,216 28,149 35,216 28,219 45,976 35,216 70 All of Ihe Charity's a¢tivilies derive from continuing operalions during the above periods. The notes on pages 9 to 19 fomi an integral part of these finanal stalemenls. Page 7
Carlisle Vineyard Church Company registration number: 08494400 Balancè Sheet as at 31 December 2024 2024 2023 Note Fixed assets Tangible assets 10 715 1,143 Current assots Deblols Cash al bank and in hand 11 2.964 28,565 31,529 3,727 36.835 40,562 Credltor8' Amounts falling dug within ona year 12 (4,025) (6.4891 Net current assèts 27,504 34,073 Net a88èt8 28,219 35,216 The fund8 ofthe charlty: Rèstricted funds 70 Unrestrictod funds Unreslricled income lunds 28,149 35,216 Tot81 charlty fund8 28.219 35,216 For the financial year ended 31 December 2024, the charity wa$ entitled to exemption from audil under 8eGlion 477 of the Companies Act 2006. The member8 have not required Ihe tharity to obtsin an audit of its accounts for the year in question in accordan with section 476 of the Act. The directors ad(nowledge their responsibilities for complying with the requirements of the Act with respeGI to a¢counling records and the preparation of a¢counls. These accounts have been prepared in accordance wilh the provisions applicable to companies subject lo the small companies regime. Approved by the Board on 25 March 2025 and signed on its behalf by.. A Reynolds Trustee The notes on pages 9 to 19 form an integral part of these finanaal slatemenls. Page 8
Carlisle Vineyard Church Notes to the Financlal Statements for the Year Ended 31 December 2024 Accountlng policies Summary of significant accountlng policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies havè been consistently applied to all the years presented, unless otherwise slated. Statgment of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporling Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191- {Charilies SORP IFRS 102)), the Financial Reporting Standard applicabl& In Ihe UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Ba858 of preparation The charitable company meets the definition of a public benefit enlily under FRS 102. Assets and liabilities are initially recognised at historical cost or IransaGlion value unless otherwisa stsled in the relevant accounting policy notes. Golng concern These finanaal statements have been prepared on a going concern bas18. The Iruslees assess whether the use of going concern 1$ appropriate i.e. whether there are any material uneertainties related to events or conditions that may cast significant doubl on the ability of the Charity lo continua as a going concern. The trustees make this assessmenl in respecl of a period of ona year from the date of approval of the linancial slalemenl$. Fund accountlng policy Unreslricled incom& funds are general funds that 8re available for use at the trustees, dis¢retlon in furtheran¢e of the objectives of the ¢harily. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is reslricled lo that area or purpose. Further details of each fund are disdosed in note 17. Page 9
Carlisle Vineyard Church Notes to the Financial Statements for the Year Ended 31 December 2024 . conlinu8d Income and endowments Donations are recognised when the Charity has been nolified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the Charity before the Charity is entitled lo Ihe funds. the income is deferfed and not recognised until either those conditions are fully met, or the fuifilmenl of those conditions is wholTry within the control of the Charity and il is probable that these conditions will be fulfilled in the reF)Orting period. Legacy gifts are recognised on a case by case basis following the grant of probate when the adminislorlexeculor for the eslate has communicated in writing bolh the amount and settlement date. In the event that Ihe gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subjeel lo the value of the gift being reliably measured with a degree of reasonable accuracy and the lille lo the asset having been transferred to the Charily. Income from Government and other grants. whether'capilal, grants or'revenue, grants, is recognised when the charity has enlillemenl lo the funds, any performance conditions attached lo the grants hav8 been m81, il 18 probable Ihal the income will be received and the amount can be measured reliably and is not defeired. Incoming resources from lax reclaims are included in the statement of financial activities al the same lime as the gift lo which Ih8y relate. Investment incomols recognised on a receivable basis. Income from charitable activities in¢lvd85 income recognised as eamed (as the related good$ or service8 are provided) under contract. Expendltura Liabilities are recognised as Soon as there is a leg81 or conslwctive obligation commilling the charity lo the expenditure. All expenditure is accounted for on an a¢¢ruals basis and has b88n dassified under headings that aggregate all costs felaled lo the category. Charitable expenditure comprises those costs incurred by the charity in the delivery of ils aclivlties and services for ils beneficiaries. It includes both costs that can b8 allocated directly lo such activities and those ¢osls of an indiiect nature n$¢essary lo support them. Support costs Support costs include central functions and have been allocated to activity ¢o$t categories on a basi8 consistent with the use of resources, for example, allocating property ¢o$ls by floor areas, or per ¢apita, staff costs by the lime spent and other costs by their usage. Taxation The Charity is considered lo pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK COTporalion lax purposes. Accordingly, the Charity is potentially exempl from laxalion in respect of income or capital gains received wilhin categories covered by Chapler 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of Ihe Taxation of Chargeable Gains Act 1992, to the exlenl that such income or gains are applied exclusively lo charitable purposes. Flxed assets Individual fixed assets costing £400 or rn0 a initially recorded at cost. Deprociation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any estimated residual value, over their expecled useful economic life as follows: Equipment 20% straight line basis Page 10
Carlisle Vineyard Church Notes to the Financlal Statements for the Year Ended 31 December 2024 . eontinued Trade Debtor8 Trade debtors are amounts due f(om customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are reco9nised initially al the transaction price. They are subsequently maasuied at amortised cosl using the effective interest method. less provision for impairment. A provision for the impaimienl of trade debtors is established when there is objective eviden that the Charity will not be able lo collect all amounts due according lo the original lemis of the receivables. Cash and Ca8h Equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-lerm highly Ilquid investments that ale readily convertible to a known amount of cash and are subject to an insignilicanl risk of change in value. Liabllities Trade creditors are obligations lo pay for goods or servie8S that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabililies if the Charity does not have an unconditional right, at the end of the reporting period, to defer selllemenl of the creditor for at least velve months after the reporting date. If there is an uncondition81 right to defer selllement for at least velve months after the reporting date, they are presented as non-¢urrent liabilities. Trade creditors are recognised initially at the transaction pric£ and subsequently measured at amortised C08t using the effective interest method. Operatlng lea8e8 Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operaling leases. Rentals payable under operating leases are Charged in the Statement of Finan¢ial Activities on a slrai9hl line basis over the lease tem. Pen81ons The charity operates a defined contribution pension scheme. Contributions are charged in the slalemenl of financial activities as they become payable in accordance with the rules of the Scheme. Page 11
Carlisle Vineyard Church Notes to the Financial Statements for tha Year Ended 31 December 2024 . continu8d Financial Instruments Financial assets and financial liabilities are recognised when the charity becomes 8 party lo the conlraclual provisions of the inslrumenl. Financial liabilities and equity instruments are dassified according lo the substance of the contractual arrangements entered into. An equity instrument is any contract Ihal evidences a residual interest in the assets of the Charity after deducts'ng all of ils liabilities. All financial assets and liabilities are initially measured at transaction price (including transaction costs). èxcept for those financial assets classified as al fair value through profil or loss. which are initially measured al fair value (which is normally the transaction price exduding transaction coslsl, unless the arrangement conslilules a financing Iransaclion. If an arrangement conslilutes a financing Iransaclion, the financial asset or financial liability is measured al the present value of the future paymenls discounted at a maikel rate of interest for a similaf debt instrument. Financi81 assets and liabilities are only offsel in the statement of financial position when, and only when there exists a legally enforceable right to sel off th& recognised amounts and the Charily intends either lo sellle on a nel basis, or lo realise the asset and sellle the liabilily simultanèously. Financial assets are derecognised when and only when al the conlraclual rights lo the cash flows from tha financial asset expire or are sellled. bl the Charity transfers lo another paty subslanlially all of the risks and rewards of ownership of the financial a$sel. or cl Ihe Charity, despite having relained some. bul not all, significant risk8 and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contracl is discharged, cancelled or expires. Donatlons and legacles Unrestrlcted Restrlcted Total Fund8 Totsl Fund8 Funds Funds 2024 2023 Donatlons and legaelè¥ Committed givin9 Appeals and donation5 Gift Aid lax reclaimed 50.051 6.057 8.819 64,927 50,051 6,057 8,819 64,927 52,420 3,623 8,535 64,578 Grants Grants - other agencies 3.924 3.924 2,250 64,927 3,924 68,851 66.828 Of the donations and legacies income in 2023. £66,353 related to unrestricted funds and £475 related to reslricled funds. Page 12
Carlisle Vineyard Church Notes to the Financial Statements for the Year Endod 31 Decembèr 2024 . conlinued Investments Unrestricted Restrlcted Total Fund8 Total Funds Fund8 Fund$ 2024 2023 Interest on cash deposits 507 507 476 All of the invesiment in 2023 related lo unrestricted funds. Charltabl8 activitl•s Unrostrlcted Re8lrict&d Total Fund¥ Total Fund8 Funds Fund8 2024 2023 Event income Rental income {Profitlllo$s on disposal of tangible fixed assets 1,769 25.446 1,769 25,446 2,404 16,011 217 18,632 27.215 27,215 All of the income from charitable activities in 2023 related to unreslricled funds. Page 13
Garllsle Vineyard Church Notes to the Financial Statements for the Year Ended 31 December 2024 . conlinued Expenditure Charitable activities Total 2024 Total 2023 Dlrect costs Employment costs Telephone and fax Global gifts VCUKI giving Sundry expenses Church ministries and groups Local outreach Stewardship $8rvl¢es 42,064 466 1.122 2,857 981 4.038 8.579 666 60.773 42,064 466 1.122 2,857 981 4,038 8,579 666 60,773 40,871 437 4,045 2,869 393 4,593 7.788 676 61,672 Support Costs Rent Light, heal arKI power Insurance Repaiis and maintenance Computer software and maintenanc* costs Printing, postage and slalionery Trade subscriptions Sundry expenses Cleaning Advertising Accountancy fees Independent examinerfs fee Depreciation of freehold property 26.400 1,600 503 5,012 1,182 206 624 113 3,930 367 1,932 500 428 42,797 26,400 1,600 503 5.012 1,182 206 624 113 3,930 367 1,932 500 428 42,797 16.400 1,880 224 8,702 2,095 202 516 13 1,978 612 1,426 500 476 35,024 103,570 103.570 96,696 Of the expenditure in 2023. £92,521 related lo unrestricted funds and £4,175 related to restricted funds. Govemance costs 2024 2023 Accountancy fees - 2023 Accountancy fees - 2024 Independent examiner's fee 738 1.194 500 2,432 1,426 500 1,926 Page 14
Carlislo Vineyard Church Notes to the Flnancial Statements for the Year Ended 31 December 2024 . conlinued Trustee¥. remuneration and expenses During the year. A Fearon. received remuneration for his role as Team Leader of the charity of £16,247 12023 - £17,140) being gross salary and employer's pension conliibutions. These payments were made in accordance with the provisions in the governing document of the charily. A Fearon receives no remuneration in his role as a Iruslee. Three trustees received reimbursement for costs incurred of £1.937 (2023 - £1,313) during the year for travel and day-to-day running costs of the charity. Net oxpenditure Net expenditure is slated after chargingllcrediting).. 2024 2023 Profil on disposal of langlble fixed assots Depreciation of tangible fixed assets 1217) 476 428 Employee8, remuneration The monthly average number of persons linduding senior management) employed by the charity during the year was as follows.. 2024 2023 No. Charitable activities The aggregate payroll costs of these persons were as follows.. 2024 2023 Wages and salaries Other pension cost$ 39,443 936 40,379 39,387 936 40,323 No employee received emoluments of more than £60,OIY) during the year (2023- No. O). The key management personnel comprise the Tivslees and Ihe senior management. The total employeè benefits of the key management personnel of the Charity were £16,247 {2023- £17.140)- Page 15
Carlisle Vineyard Church Notes to the Flnancial Statements for the Year Ended 31 December 2024 . continu8d 10 Tanglble fixed assets Equipment Cost As al 1 January 2024 and 31 December 2024 5.930 Depreciation As at 1 January 2024 Charge for the year As al 31 December 2024 4,787 428 5,215 Net book value As al 31 December 2024 As a131 December 2023 715 1,143 11 Debtors 2024 2023 Trade debtors Prepayments and accwed in(X*me 627 2.337 2,964 827 2,900 3,727 12 Croditor8: Amounts falllng dug wlthln one year 2024 2023 Trade creditors Other creditors Accruals and deferred incom& 2,273 202 1.550 4.025 3,158 182 3,149 6,489 13 Mombers. Ilability The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable lo conlrrbule an amounl not exceeding £1 lowards the assets of the charity in the event of liquidation. Page 16
Carlisle Vineyard Church Notes to the Financial Statements for the Year Ended 31 December 2024 . conlinu8d 14 Operating lea8e commitments As at 31 December 2024 the charity had total future mtnimum lease payments under non-cancellable operating leases as follows: Land and Building8 2024 2023 Within one year 6,600 9,600 16 Pon8lon 8cheme Dèfined contrlbutlon p8n81on schem& The charity operates a defined contribution pension scheme. The pension cost charge for the period represents conlribulions payable by the charity lo the scheme and amounted to £93612023- £936}. Conlribullons totalling £182 {2023 - £182) were payable to the scheme al the end of the period and are included in creditors. Page 17
Carlisle Vineyard Church Notes to the Financial Statements for tho Year Ended 31 December 2024 . conlinu8d 16 Related parties Controlllng entlty The charity is controlled by the trustees who are all directors of the company. 17 Analysis of funds At31 December 2024 At 1 January 2024 Incomlng resourcgs Resources expended General Funds Unrestricted income fund 35,216 92,649 199,716) 28,149 Restrlcted Funds GAD Fund South Church Plant 3,924 (3,854} 70 3,924 (3,8541 70 35,216 96,573 (103,5701 28,219 GAD Fund - Give A Day to the Cily Is a city wide initiative {now expanded lo national) to Inspire business, and other organisalions lo voluntarily give of their lime and resources to help benefit projects across the city lo help increase the wellbeing and atmosphere of our city. South Ch*Jrch Plant - A fund saving towards releasing a new vineyard church that will be a mullipli¢alion of Carlisle Vineyard and called Lune Valley Vineyard. Page 18
Carltsle Vineyard Church Notes to the Financial Statements for the Year Ended 31 December 2024 . continued Prlor perlod Atl January 2023 At3 December 2023 Incoming resources Resourcos expended TransferJ General Funds Unrestricted income fund 40.473 85,461 (92.5211 1,803 35.216 Re8tricted Funds GAD Fund South Chur¢h Plant 1,258 4,245 5,503 {1,258) (2,9171 {4,175) 47S 475 {1,803) {1,803) 45,976 85,936 {96,696) 35,216 18 Net a88et8 by fund Unrestricted Fund8 Restricted Funds Total Fund8 2024 Total Fund8 2023 Tangible asséts Current as$els Creditors.. Amounts falling due within one year Net assets 715 31,459 715 31,529 1,143 40,562 70 14.025) 28.149 {4,025) 28.219 16,489) 35,216 70 Prlor perlod Unrestricted Funds Total Funds 2023 ToLIl Funds 2022 Tangible assets Current assets Creditors.. Amounts falling due within one year Nel assets 1.143 40,562 {6.4891 35,216 1,143 40.562 16.4891 35.216 1,619 45.870 {1.513) 45,976 Page 19