mailes Goldie CHARTERED ACCOUNT ANIS REPORTS AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 VINEYARD GLOBAL COUNCIL TRUST LTD COMPANY REGISTRATION NUMBER 09329089 CHARrrY REGISTRATION NUMBER 1163754 SN1219093-1-6 twther. ICAEW CHARTERED ACCOUNTANTS
VXNEYARD GLOBAL COUNCIL TRUST LTD CONTEp¥rs Page Trustees. Report 3-10 Independent Examlner's Report li Statement of Flnandal Attlvlttes 12 Balance Sheet 13 Notes to the Flnanclal Statements 14-20
VINEYARD GLOBAL COUNCIL TRUST LTD TRusfEES' REPORT FOR THE PERIOD ENDED 31 DECEMBER 2024 The Trustees (who are also dlrectors of the company) present thelr annual report together with Inspected flnanclal statements for the year ended 31 December 2024. The trustees have adopted the provislons of the Statement of Recommended Practice (SORP) 'Accounting and Reportlng by Charities: Statement of Recommended Practice appllcable to charltle5 preparlng thelr accounts In accordance wlth the nancIal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) (effectlve l January 2019), In preparing the annual report and flnanclal statements of the charlty. The financial statements have been prepad In accordance wlth the accountlng pollcles set out in note I to the accounts and comply wlth the Charltle5 Act 2011. The ObJ•cts of the Charity The prlnclpal objects of the Charlty are as follows. Advancement of the Chrlstlan falth Includlng mlsslonary actlvltles for the publlc beneflt In the Unlted Kingdom and worldwide. Promotlon of the overall vlslon of the internatlonal famlly of Vlneyard Churches. To strengthen communlcatlon wlthln the Vlneyard famlly to enable It to provlde asslstance to the wlder Chrlstlan church. Facllltatlng the establlshment and Implementatlon of recommended guldellnes based on our shared and common values. The releaslng of new Assoclatlons of Vineyard Churches worldwlde. Actlng as arbitrator for conflict resolutlon between Natlonal Leaders and Natlonal Assoclatlons. In support of these objects the Charlty received mntributlons from Vlneyard Churches UK & Irelan'd and donatlons from Its International partners malnly from the USA, Swltzerland, Holland, New Zealand, Canada, Chlle, Scandlnavla, South Afrlca and Kenya. In the executlon, the objects of the Charlty are expSsed In speclflc and practlcal ways descrlbed below and as such, the appllcatlon of Its resources are slmllarly dlsplayed In the flnanclal statements. John Mumford Is employed as Vlneyard Global Leader. HIS role Is to promote the overall vision of the Internatlonal famlly of Vlneyard Churche5 to fulfll the Great Commlsslon of Jesu5 Christ glven to his dlsclples to go and make dlsclples of all nations by plantlng new churches in the natlons. Our deep convlttlon Is that churches plant churche5, and so our prlmary mlsslons actlvlty around the world Is the establlshment of new churches expressing the values of the Vineyard. Thls year the company's focus has been on the contlnuatlon of "Dlscoverlng a Way Forward.. A four year of laylng pathways for the future of Vlneyard Global, thls contlnued In 2024.
VINEYARD GLOBAL COUNCIL TRUST LTD TRUSTEES. REPORT (Contlnued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Dlscoverlng a way forward has gathered momentum durlng the year, the Vlneyard Movement Is growlng. wlth a sense of unlty and calllng amongst the Natlonal Olrectors, there 15 a recognltlon that we are enterlng a new and exciting phase of development and need to look forwards to the future, especlally in the aaS of structure and fundlng, what has sustalned us this far wlll slmply not be enough to carry us forward Into the future. The Charlty deslres and wlll work towards plantlng Klngdom of God-centred, healthy churche5 and culturally relevant Vlneyard Churche5 that In turn plant other churches, where those Vlneyards grow to the polnt where they can become Natlonal Vlneyard Assoclatlons. The plantlngi developing, and releaslng of Vlneyard Churches Sn the UK and worldwlde wlll lead to changlng the culture to thlnk and be more outwardly focused. We know that we face complex and challenglng Issues, across dlfferent and dlverse natlonal cultures, as we Increase In slze and the number of AVCS have multiplled, we take very serlously our responslblllty to steward what has been called the 'sacred tNst' whlch we belleve God has glven to us In the Vlneyard, It Is for us In our generatlon to falthfully protect and to hand on thls trust to those that follow us. Followlng the Nat5onal Dlrectors. meetlnq In Tavlra, Portugal, In March 2024 several key declslons were made. The By-laws of Vlneyard Global were approved by the Councll and remltted to each AVC for thelr national leaders and trustees to revlew and comment on. The AVCS wlll appoint trustees whose role wlll be to Ilalse wlth Vlneyard Global on behalf of the AVC. The Councll recognlses the challenges that Iles ahead In drawlng around 1,500 churches calllng themselves 'vlneyard' but are not yet afflllated to an AVC. Two meetlngs have taken place In the year to begln the work of addresslng thls challenge, flrstly to review plans and to age proposa15 before formulatlng an actlon plan to present at the Vlneyard Global Councll meetlng In March 2025. The Vlneyard Global Council Trust is the legal charltable entlty based In the Unlted Klngdom and Is responsible for the management of Vlneyard Global Councll assets, flnances, and legal matters, to ensure alignrnent and compllance wlth charltable law and good practlce. The trustees have commltted to recrult new trustee5 to bolster the board In 2024 but desplte attempting to do so no further appointments have been made, but efforts wlll continue to be made. The trustees met seven tlmes durlng the year.
VINEYARD GLOBAL COUNCIL TRusf LTD TRUSTEES. REPORT (Continued) FOR THE PERIOD ENDED 31 DECEMBER 2024 We have a formal rlsk management process to assess buslness and operatlonal rlsks and Implement rlsk management strategie5 In order to mlnlmlse the effects of these. Thls Involves identifying major strateglc, operatlonal and flnanclal rlsks to whlch the Charity is exposed, prioritising them in terms of impact and Ilkellhood of occurrence. Systems have been established to mlnlmlse such rlsks. The actlon plans are revlewed at least annually, In order to Identlfy new rlsks and revlew existlng strategles. Usually when new projects are undertaken durtng the year a rlsk analysls wlll be done prlor to commencement. The maln risk that the charlty face5 is lack or short fall of donatlons comlng In, though the maln source of Income Is vla the Assoclatlon of Vlneyard Churches (AVCS) around the world, a more dlrect approach is belng taken to seek out how much they are plannlng to glve and when, wlth follow up If the promlsed donatlons have not been recelved. Further donatlons are requlred to malntaln the charlty, the trustees are fully aware of these rlsks, and wlth communication and actlvely seeklng out these additional donatlons, the rSsks that the charlty faces can be mltigated. The Trustees have carrled out a rlsk assessment as part of thelr responslbllltles. The settlng of pay and remuneratlon for key management personnel Is arrlved at by looking at equlvalent roles In the local ¢ommunlty such as the headmaster of a large comprehenslve school or wlthln the charltable sector. The Charlty does a detalled annual budget for flnancSal control purposes, agalnst whSch It reports the actual monthly flgures. In additlon, a long-term plan Is kept under review and cover5 a perlod of at least flve years, prlmadly In descrlptlve terms. The Trustees are aware of "The Hallmark5" of a well-run charlty and seek to run thls Charlty In accordance wlth them. Actlvltle$ and Achlevement$ for the perlod When plannlng the actlvltles for the year, the Trustees have complled wlth the duty In section 4 of the Charities Act 2011 to refer to the Public Beneflt guldance publlshed by the Charlty Comrn1551on, and In partScular, the speclflc guldance on charities for the advanment of relSglon. In June and December, the Vlneyard Global Leader met up wlth the Vineyard Global Leadershlp Team In the US,
VINEYARD GLOBAL COUNCIL TRUST LTD TRUSTEES. REPORT (Contlnued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Actlvltles and Achlevements for the perlod (contlnued) In March the Natlonal Directors met in Tavira, Portugal, where Important decislons were made regardlng the structure Includlng the new by-laws and the development of the International Vlneyard movement over the next decade. Relatlonshlps are growing well amongst the groups and as a whole group. Wlth Natlonal Directors vlsltlng one another and making plans together. Additional funding has been recelved from Vlneyard USA totalllng £135,480 to cover the shortfall in the finances for the year, the trustees are extremely grateful for thelr generoslty to the Vlneyard Global family. John and Eleanor have offered Vlneyard Global Councll Trust to contlnue In thelr roles as Global Leader's during 2025 and are happy to contlnue In the role as long as they enjoy contlnued good health. FIDan¢es and Other Matter• The Tnjstees belleve that the Internal flnanclal controls conform to guldellnes Issued by the Charlty Cornmlsslon. The prlnclpal Income came from contrlbutlons from Vlneyard Churches UK & Ireland and small on-golng donations from AVCS (Associatlon of Vlneyard Churches) from around the world. Total Incomlng resources for the perlod Jmounted to £255,803 (2023 - £231,263). Total resources expanded for the period amounted to £257,933 (2023 - £221,453). Leavlng reserves at the perlod end of £48,799 (2023 - £50,929).
VINEYARD GLOBAL COUNCIL TRUST LTD TRusfEES' REPORT (Contlnued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Flnances and Other Matters (Contlnued) Reserve The Trustees having revlewed the reserves policy In Ilght of the additional funding recelved during the previous year and the 2% contrlbution5 received from the AVCS, The charity should keep reserves to,. To enable the Charlty to fund the Internatlonal Co-ordinator's employment contract on a rolling monthly basls. To hold sufficlent worklng funds for the core level of Vlneyard Global activltles, for up to four months. Such core actlvltles are those that speclfically related to the admlnlstratlon of the charlty that enable the baslc functlons to continue. Reserves have remalned statlc durlng the year. However, the trustees are aware of the current fundlng shortages In the charlty. Vlneyard USA has proposed, as a sustalnable solutlon to thls shortfall to gift Vlneyard Global sufflclent funds to meet the needs of the company in 2025. Vineyard USA wlll, in addltlon, take responslbllity for the payment of a Major Gift Offlcer, whose role wlll be to raise funds for Vlneyard Global. Therefore, In Ilght of the above comments, the trustees have a reasonable expectatlon that the charlty wlll have adequate resources to contlnue in existence for a perlod of 12 months from the date of approval of the flnancial statements and therefore have prepared the financlal statements on a golng concern basis. The plans for the future Include: To continue to Implement the Dlscoverlng our way Forward. Worklng wlth the exlstlng Vlneyard Churches and Natlonal Offices. Identlfylng new and emerging leaders both for the local church and national level. Train and equip those leaders. Contlnue to travel wldely but principally to the US. Contlnue to proactively seek Vineyard-lnclined buslnessmen and women to provlde contrlbutlons to the contlnuing work. Host and organise a Natlonal Dlrectors Meeting in the Portugal in March 2025. Seek new trustees to join the VG board. As at the 31 December 2024 the Charity had the followlng staff. Rev JA Mumford Vineyard Global Leader {Paid)
VINEYARD GLOBAL COUNCIL TRUST LTD TRUSTEES. REPORT (Continued) FOR THE PERIOD ENDED 31 DECEMBER 2024 In oddltion, Eleanor Mumford serves In a voluntary capaclty as Internatlonal Co-ordinator and voluntary asslstance Is provided In legal matters by Peter Sturrock and flnancial admlnlstratlon by Paul Masters (Flnance Manager of Vlneyard Churches UK & Ireland). Admlnlstratlve aSsiStsn is provlded, on a part tlme basls, by Mlchelle Newstead, who Is seconded from Central Northampton Vlneyard. Structur¢ Governance and Management The company was reglstered on 26 November 2014 and glven charltable status on 29 September 2015. The Memorandum and ArtScles of Assoclatlon govern Vlneyard Global Councll Trust Ltd. The Trustees typlcally meet at least three tlmes a year; wlth one meetlng Includlng an AGM. Such trustees are appolnted In Ilne wlth the Memorandum and Artlcles ofAssoclatlon. Normally they would be Indlvlduals who are volunteers of the Charity and are chosen both lor thelr understandlng of the objects of the Charlty as well as thelr professlonal expertlse. Day to day management Is delegated to the Chalrman, along wlth pald staff and volunteers, who Implement the obJects and execute the admlnlstratlon of the Charfty under delegated authority, so that all declslons may be ratlfled by the full Board. The Board Is kept informed by regular monthly reports. The tralnlng of r)ew Trustees takes place by a short Inductlon programme of explalnlng the role of a dlrectorltrustee and typlcally as an observer at two meetlngs. They are glven a.. Copy of the Artlcles and Memorandum of Assoclatlon; Copy and explanation of the latest flnanclal pOrt. Copy of °The Hallmarks of A Well-Run Charlty.; Future Plans; 'How to be a Trustee In Vlneyard, Manual. They are also dlrected to the Charlty Commlsslon webslte and sent perlodic artlcles to keep them abreast of developments In the charltable sector. Normally at each trustee meetlng a short time of dlscusslon would take place to famlllarlse each other wlth recent legislatlve developments and from tlme to tlme the Trustees would go on speciflc tralnlng courses to keep up to date. Reference and Admlnlstratlve Detalls Chartty name - Vineyard Global Councll Trust Umlted Reglstered Charlty No. 1163754 Company Registration Number: 09329089
VINEYARD GLOBAL COUNCIL TRUST LTD TRUSTEES, REPORT (Contlnued) POR THE PERXOD ENDED 31 DECEMBER 2024 Referen and Admlnlstratlve Detalls (contlnued) Country of Incorporation.. England and Wales Reglstered and Prfnclpal offl Banker5 Unlt 8, K3 Buslness Park 200 aough Road Hull HU5 ISW Tel: 01482 462690 Lloyds Bank plc, Hull City Centre Branch PO BOX 1000 BXI ILT Insurers Independent Examlner CaSE Insurance Servlces Ltd Manor House 19 Church Street Leatherhead Surreyi Iff22 8DN Smalles Goldle Chartered Accountants Regent's Court Princess Street Hull HU2 8BA Trustees Mr W Qulrke Mr P Sturrock Mr P Strout Mr C Caro Mr J Mumford Reslgned 8th Aprll 2024 Appolnted - 19th March 2024 Appolnted - 19th March 2024 Trustees. responslbllltles •tat•m•nt The trustees are responslble for preparlng the Trustees, Annual Report and the financlal statements In accordance wlth appllcable law and United Klngdom Accountlng Standards (Unlted Klngdom Generally Acttpted Accountlng Practice}. Company law requires the trustees to prepare flnanclal statements for each financial year, whlch give a true and falr vlew of the state of affairs of the charltsble company and of the Incomlng SOurceS and appllcatlon of resources, Includlng the Incorre and expendlture, of the charitable company for that perlod. In preparlng these flnanclal ststements, the trustees are requlred to: selett sultable accountlng policies and then apply them consistently; observe the methods and princlples In the Charltles SORP 2019 (FRS 102); make judgements and estlmates that are reasonable and prudent" state whether applicable UK Accounting Standards have been followed, subject to any materlal departures dlsclosed and explalned In the flnancial statements; prepare the flnancial statements on the golng conrn basis unless it Is Inapproprlate to presume that the charltable company will contSnue In operation.
VXNEYARD GLOBAL COUNCIL TRusf LTD TRUSTEES. REPORT (Contlnued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Trustees, rnsponsibilities statement (continued) The trustees are responslble for keeplng adequate accountlng records that dlsclose wlth reasonable accuracy at any time the flnanclal posltlon of the charltable company and enable them to ensure that the flnanclal statements comply with the Companles Att 2006. They are also responslble for safeguardlng the assets of the charltable company and hen for taklng reasonable steps for the preventlon and detettlon of fraud and other irregularltles. PFM Sturrock Trustee l Dlrector Dated: 22 May 2025 io
VINEYARD GLOBAL COUNCIL TRUST LTD Independent Examlner's Report to the Trustees of Vlneyard Global Councll Trust report to the charlty trustees on my examlnatlon of the accounts of the company for the year ended 31 Dettmber 2024 whlch are set out on pages eleven to nlneteen. R¢sponsibilitie$ and basis of report As the charlty trustees of the company (and also Its dlrector5 for the purposes of company law) you are responsible for the preparatlon of the accounts in accordance with the requirements of the Companies Art 2006 ('the 2006 Act,). Havlng satlsfled myself that the accounts of the company are not requlred to be audlted under Part 16 of the 2006 Act and are ellglble for Independent examlnatlon, I report In respect of my examinatlon of your company's accounts as carrled out under section 145 of the Charlties Act 2011 ('the 2011 Act,). In carrylng out my examlnation I have followed the Dlrectlon5 glven by the Charlty Commlsslon under sectlon 145{5)(b) of the 2011 Act. Independent •xamlner'• statement Slnce the company's gross Income exceeded £250,000 your examlner must be a member of a body Ilsted In sectlon 145 of the 2011 Act. I conflmi that l am quallfled to undertake the examlnatlon because l am a member of the Institute of Chartered Accountants In England and Wales, whlch Is one of the Ilsted bodles. I have completed my examlnatlon. I conflrm that no matters have come to my attentlon In connectlon wlth the examlnatlon glvlng me cause to belleve that In any materlal respect: accountlng records were not kept In respect of the company as requlred by sectlon 386 of the 2006 Act; or 2. the accounts do not accord wlth those records. or 3. the accounts do not comply wlth the accountlng requlrements of sectlon 396 of the 2006 Act other than any requlrement that the accounts glve a 'true and falr view, whlch Is not a matter consldered as part of an independent examlnatlon. or the account5 have not been prepared in accordance wlth the methods and prlncSples of the Statement of Recommended Practlce for accountlng and reportlng by charltles appllcable to charltles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102). I have no concerns and have come across no other matters in connectlon with the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper understandlng of the accounts to be reached. Slgned: S T Bramall Bsc FCA Smalles Goldie Chartered Accountants Regent's Court Prlncess Street Hull HU2 8BA Date: 22 May 2025 li
VINEYARD GLOBAL COUNCIL TRUST LTD STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 DECEMBER 2024 Unr•strlcted Restrlcted fund• funds 2024 2024 Total funds 2024 Total funds 2023 N¢)tss nc Donatlons and Legacles Investment Income Other 255,803 255,803 231,237 26 Total Incoming re•ourc•8 255,803 255,803 231,263 ndltur Dlrect Charltable actlvltles Support Costs Governance 229,751 229,751 194,012 26,646 1,536 26,646 1,536 25,357 2,084 Total Resources expended 257,933 257,933 221,453 Net (expendlture)/Income (2,130) (2, 130) 9,810 Transfer between funds 10 Net movement In funds (2,130) (2,130) 9,810 Total funds brought forward io 50,929 50,929 41,119 Fund balances at 31 December 2024 io 48,799 48,799 50,929 All the company's actlvliies are cla¥sed as continulng The note5 form part of thése flnanclal ststements 12
VINEYARD GLOBAL COUNCIL TRusf (Charity Registration No. 1163754) (Company Registration No. 9329089) BALANCE SHEET AS AT 31 DECEMBER 2024 Notes A$at31 December 2024 Asat31 December 2023 Flxed Assets Tanglble Current Ass•ts Oebtor5 Cash at Bank and In hand 1,210 910 30,708 21,380 34,272 28,915 Crnditor•: due wlthln a year Net Assets 48,799 50,929 Funds Restricted Funds Unrestrlcted Funds 48,799 50,929 Total Fund• io For the perlod ended 31 December 2024 the company was entled to exemptlon under sectlon 477 of the Companles Att 2006. The members have not requlred the company to obtaln an audlt In accordan wlth settlon 476 of the Companles Act 2006. The Trustees acknowledge thelr re5ponslblllty for complylng wlth the requIrnents of the Act wlth respect for the preparatlon of accounts ensurlng: l) that the accountlng records comply wlth Sectlons 386 and 387 of the Companles Att 2006 and 2) prepare financlal statements whlch glve a true and falr vlew of the state of affalrs of the company as at the end of each financlal perlod and of Its surplus or deflclt for each flnantlal perlod In accordance wlth the requlrements of Sectlons 394 and 395 and whlch comply wlth the requlrements of the Companles Att 2006 relatlng to flnanclal statements, so far as appllcable to the company. P&/F PFM Sturrock Trustee / Dlrector Dated: 22 May 2025 The notes form part of these financial Statements 13
VINEYARD GLOBAL COUNCIL TRUST LTD NOTes TO THE FINANCIAL sfATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Accountlng Pollcles Statement of compllance Vlneyard Global Councll Trust Ltd Is an incorporated charity reglstered In England I Wales. The address of the reglstered offlce Is glven in the charlty Infonnatlon on page of these financlal statements. The Charlty constitutes a publlc beneflt entlty as defined by FRS 102. The flnanclal statements have been prepared In accordance wlth Accountlng and Reportlng by Charities: Statement of Recommended Practice (SORP) 'Accountlng and Reportlng by Charities: Statement of Recommended Practlce appllcable to charltles pParIng thelr accounts In accordance with the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) (effectlve l January 2019), In preparlng the annual report and flnanclal statements of the charlty. The financlal statements have been prepared In accordance wlth the accountlng pollcles set out in note I to the accounts and comply wlth the Charltles Act 2011. Due to the level of cash and unrestrfcted reserves held the trustees conslder that there a no matedal uncertalntles about the Charlty's ablllty to contlnue as a golng concern. Funds Accountlng All funds have been analysed Into thelr different types, namely untrIcted funds, whlch are not subject to any 5peclal restrlctlons, and they can be used as the Trustees declde. Restrlcted funds are where the donor has Imposed restrlctlons on how the fund may be used, but which do not prevent the fund belng spent. Incomlng Resources Donatlons and tithes are credited to the flnanclal statements as reIved. The value of servlce5 provlded by volunteers has not been Included In these accounts. RQUIce9 Expended Expendlture Is recognised on an accrual basls as a Ilablllty Is Incurred. Expendlture Includes any VAT, which cannot be recovered, and 15 reported as part of the expendlture to whlch it relates. 14
VINEYARD GLOBAL COUNCIL TRUST LTD NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Resources Expended (contlnued) Charitable activitles expendlture comprlses of those costs Incurred by the Charlty In the dellvery of It5 activltles and seNlce for beneficiarles. It Includes costs of an Indlrect nature necessary to support them. As noted In the Trustee's Report the prlnclpal objects of the Charlty are the advanrnent of the Chrlstlan falth Includlng m15slonary actlvltles for the publlc beneflt In the Unlted Klngdom and worldwlde. Promotion of the overall vlslon of the internatlonal famlly of Vlneyard Churches, to strengthen cornmunlcation wlthln the Vineyard fam51y to enable it to provlde asslstance to the wlder Chr15tlan church, facllltstlng the establlshment and Implernentatlon of recommended 9uldellnes based on our shared and common values and releaslng of new Assoclatlons of Vineyard Churches worldwlde and to act as arbltrator for confllct resolutlon between Natlonal Leaders and Natlonal Assoclatlons. Flxed Agsets and Deproclatlon Flxed assets are capitalised If the expenditure Is over £500 and have an expected econornlc Ilfe of more than two years, except where the purchase Is part of a larger project, whlch wlll amount In total to over £500 and have a useful Ilfe In excess of two years. Depreclatlon Is provlded on all tanglble assets at rates calculated to wrlte off the cost or revalued amount on a straight-llne basis over the expected economlc lives as follows: Offlce Equlpment Flxtures and flttlngs Computer equlpment 4 years 4 years 2 years Pension costs The penslon costs charged In the accounts represent the contrlbutlons payable by the Charlty durlng the year. General informjtlon The Charlty is a company limlted by guarantee and Is Incorporated in England and Wales. The address of Its reglstered offlces Is.. Unlt 8, K3 Buslness Park, 200 Clough Road, Hull, NU5 ISW. 15
VINEYARD GLOBAL COUNCIL TRusf LTD NOTES TO THE FINANCIAL sfATEMENTS (continued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Income Income and related expenditure Is wholly attdbutable to the Charlty's prlncipal activitles. Donatlons to the Charlty are prlmarlly from outslde of the UK: Total 2024 Unrestrfcted Restrlrted funds funds Totsl 2024 Donatlons other: Honorartum Investment Income 255,803 255,803 231,237 26 The percentage of Donatlons attributable to geographlcal markets outslde the Unlted Klngdom was 93.7010 (2023 - 92.3010) Total Ra•ource• expended Unre8trlcte Unrestrlct•d d Restrlcted Staff Co•t• Other Corts Other Costs Total 2024 Total 2023 Dlrect Charltjble Expendltur• Support ¢o•t• Governance 110,311 119,440 229,751 194,012 26,646 1,536 26,646 1,536 25,357 2,084 110 311 147 622 257 933 221453 16
VINEYARD GLOBAL COUNCIL TRUST LTD NOTES TO THE FINANCIAL sfATEMENTS (contlnued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Staff Costs Only one employee Is employed by the Charity. All stsff costs detailed In note 3 relates to key management personnel and 15 made up of the followlng: 2024 2023 Wages and Salarles Soclal securlty costs Penslon costs 91,864 9,261 91,864 9,261 One of the Trustee John Mumford has recelved remuneratlon exceedlng £60,000 In the year. Net (•xpendlture)/lncome Net (expendlture)/lncome Is stated after charglng: 2024 2023 Depreclatlon Independent Exarnlnatlon fee Penslon Costs 1,019 1,536 637 1,458 17
VINEYARD GLOBAL COUNCIL TRusf LTD NOTES TO THE FINANCIAL STATEMENTS (contlnued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Tangible flxed a•s•ts Computars Offi¢e Equlprnent Total Co•t or valuatlon As at 1st January 2024 4,651 4,394 9,045 Addltlons 1,319 1,319 As at 31st December 2024 4 394 10 364 Depr•¢l•tlon As at 1st Jan 2024 Charge for perlod 4,651 660 3,484 359 8,135 1,019 As at 31st December 2024 N•t Book V•lue As at 31st December 2024 659 551 As at 31st December 2023 910 910 Debtors 2024 2023 Prepayments 30,708 34,272 18
VINEYARD GLOBAL COUNCIL TRUST LTD NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE PERIOD ENDED 31 DECEMBER 2024 Creditors - amounts falllng due wlthln one year 2024 2023 Social Securfty and other taxatlon Accruals Other Credltors 1,852 1,881 1,852 10,550 Included wlthln other credltors above Is an outstandlng penslon contr5butlon totalling £766. R•l)ted partle• P Sturrock, Trustee, recelved an honorarlum of £7,500 (2023 - £7,500) for hls tlme on movlng "Dlscoverlng a Way FOard, In wrltlng pollcles, procedures, attalntlng to the by-laws and other documentatlon. Durlng the year, a totsl of £13,610 (2023: £1,625) was relmbursed to 4 Trustees for varlous expenses undertaken on behalf of the charlty's purpose. Peter Sturrock has been paid £3,000 (2023: £3,000) as a glft for runnlng the Natlonal Dlrectors meetlng. J A Mumford has glfted Vlneyard Global £1,500 durfng the year (2023: £NIL) E M Mumford who is the wlfe of the trustee J A Mumford has been pald a total of £6,000 In the year for her admln support. 10. Funds and thelr analysls b•tw••n Js•ets Unrestrlcted Funds Restrlctad Funds Total As at l January 2024 Incoming Resources for perlod Resources Expended for perlod 50,929 255,803 (257,933) 50,929 255,803 (257,933) Transfer between funds Total Resource5 as at 31 December 2024 48,799 48,799 19
Unrestricted Funds Restrirted Funds Total Total fund• can b• analYd aj Ftxed Assets Current Assets Credltors 1.210 52,088 (4.499) 1,210 52,088 (4,499) Totsl 20