TIVERTON VINEYARD CHURCH CIO REPORT AND ACCOUNTS ST YEAR ENDED 31 AUGUST 2024 TIVERTON VINEYARD CHURCH CIO REPORT AND ACCOUNTS ST YEAR ENDED 31 AUGUST 2024 CONTENTS Legal and Administrative Information Trustees, Report Review of Activities 4&5 Independent Examine¢s Report Receipts and Payments Account Statement of Assets and Liabilities Notes to the Financlal Statements Page I TIVERTON VINEYARD CHURCH CIO LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31ST AUGUST 2024 Registered Charity Number 1166946 Correspondence Address Coggan's Well House Phoenix Lane Tlverton Dovon EX16 6LU Trustees Steve Oaykin (Chairl Geoff Simpson John Crawford Maggie Lee Annie Warren Bankers Barclays Bank PLC, 3 Bedford Street Exeter EXI ILX Independent Examlner Mrs A Collier, Bray Accountants Tiverton Devon EX16 6PE Lead Pastors John and Jude CrawFord Page 2 TIVERTON VINEYARD CHURCH CIO TRUSTEES, REPORT ST YEAR ENDED 31 AUGUST 2024 The Trustee5 present their Annual Report, together with the financial statements of Tiverton Vlneyard Church Ithe charity) for the year ended 31, August 2024, The Trustee5 conflrm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governlng document and charlty law. Structurei governance and management Tiverton Vineyard Church CIO Is a Charltable Incorpor3ted Organi5ation ICIOI, registered with the th Charlty Commission and governed by its Constitution, adopted 5 May 2016. The management of the charlty Is the responslblllty of the Trustees who are elected and co-opted under the terms of constitution. Charitable aims and objectives The obletts of the charlty are; To advance the Christia n religion for the publlc benefit in such parts of the Unlted Klngdom and world through; The organisation and provision of Christian worship The provision of such facilities and services as are appropriate for the church Icharityl to enable it to fulf il its mission to the member5 of the chu rch, visitors to the church and the local communlty and wlder community The provision of facilities for Christian training and service The support and provision of Ch ristian evangelism and outreach The provision of assistance to the wider church in Its ministries Reserve5 The current reserves of the church approximate to 4-6 months expenditure and established to cover the following eventualities:. To enable the charity to continue relatively unaffected if there is a decline In income. To allow the charity to make decisions based on what is optima I for the long term. To give sufficlent fundlng to restructure the charity in the event of a more permanent change in circumstance5. The reserve5 policy is kept under regular review. Page 3 TIVERTON VINEYARD CHURCH CIO REVIEW OF ACTIVITIES YEAR ENDED 31ST AUGUST 2024 The principal activity of the cha ritable incorporated organi5ation (CIO) d uring the yea r was that of a Christian Church; fellowship together, acts of worship, preaching, teaching, prayer, service to the poor and service to the community as well as support of other organisations working within Tiverton and further afield. Gatherln Our Church meetings are held at Wilcombe Primary School for regular services of prayer, teaching and ministry. Age Specific groups are available for babies, pre-schoolers, primary and teenagers. Small groups meet mid-week in homes for worship, prayer, teaching and personal encouragement. In 2024, youth groups from the Church attended the Spree camp and Creationfest summer festival. These are times of fun and relaxation combined with Chr15tian teaching and worship. Events were a150 arranged which benefited the town of Tiverton such as a town wide Easter treasure trail, distributing Christmas gifts for those in need and family-fun days which were free to attend, known as Funday Sunday5. Outreach The Church continues to support Christian ministries in Tiverton, nationally and international IV. We co-organised a town wide mission with a group of South Koreans which we called the 'Arise Mission, We Joined with 6 other churches In Tiverton to host 14 South Koreans for a week of prayer, mission and fellowship. This was well attended, deepelled relationshlps between Churches and there is an appetite to h05t another team in June 2025. We continue to partner with CHAT, local agencies and other Churches to run Breakfast on the Go and Lunch on the Go. We provide two hot rneals every Friday for anyone who attends our site at Sunningmead Community Centre. This was at the request of Mid-Devon Council to help mitigate the effects of food poverty in Tlverton and has continued since spring 2021. We serve approx. 170 people per week. Page 4 The Church financially supports CHAT and Street Pastors in Tiverton and Home For Good nationally. Home for Good has a bold vision to find a home for every child who needs one in the UK through fostering, adoption and supported lodgings for teenagers. Alongside this the Church sponsors a child through Compassion UK. The Church gave to the Vineyard movement in India through the VCUKI-led India Partnershlp and we also donate 5% of our annual income to Vineyard Churche5 UK & Ireland IVCUKI}. In 2024 the India Partnership closed. We'll continue to monitor our level of financia1 givlng as we aim to Bive a minimum of IOYO to causes outside cf our local church. Peo Throughout the year, there were regular opportunities for our employed and volunteer staff to be equipped and trained in their roles. These ranged from safeguarding trainingi prayer min5stry training and Sunday set-up team refresher training, Our leaders attended the Vineyard Churches Ul<&l (VCUKII Vlneyard Leaders Gathering in Nottingham. VCUKI are the organisation which all Vineyard Churches, including Tiverton Vineyard, are members of. To celebrate the dedication and hard work of the volunteers at Tiverton Vineyard, a Volunteer Celebration took place in 2023 whereby all of our volunteer teams were invited out for a Sunday lunch at a local hotel. The level of sustained and committed volunteering is well worth recognising. A conservative estimate of between 3,000 and 4,000 hours is what allows Tiverton Vineyard to have a year round impact on its locality. This equates to 2 full time employees and is evidence of a Motivated and active congregation, Future In 2024125, we plan to build on the good relations we have with other Churches in Tiverton. This will include developing the 'Arise Mission, event with the South Korean mission team, town-wide prayer meetings and continuing to lead and support the United Services which take place once per term lon any 5th Sundav) We also anticipate continuing the mentoring scheme with the teenagers in our church which began in 2023. Our teens will be given the opportunity to meet once a month with a mentorwith the aim of supporting them in life and faith. We will also look to further strengthen and grow the teams of the existing projects. In doing so, we will better support Tiverton by showing God's love in practical ways which is in accordance with our vision statement of 'playing our part in seeing Tiverton thrive bv helping people see that Jesus Ch rist is real and relevant,. Page 5 TIVERTON VINEYARD CHURCH CIO INDEPENDENT EXAMINER'S REPORT ST YEAR ENDED 31 AUGusf 2024 Thi5 report on the accounts of Tlverton Vineyard Church for the year ended 31, August 2024, is In respect of an examination carried out under sectlon 145 of the Charities Act 2011 (the Act), Respective responsibilitie5 of the Trustees and Examlner The Trustees are responslble for the preparatlon of the financial statements. They conslder that the audit requirement of Section 144 of the Act does not apply. It Is my fesponsi bility to Examine the accounts lunder section 145 of the Actl, Follow the procedure5 laid down in the General Direction5 given by the Charlty Comrnission (under section 14515llbl of the Actl, State whether particular matter5 have come to my attention, Basis of Independent Examiner's Report My examlnatlon was carried out in accordance with the General Directlons given by the Charity Commissioners, an examination includes a review of the accounting record5 kept and a comparison of the accounts wlth those records, It also i ncludes conslderlng any unusual Items or disclosures in the accounts and seeking explanatlons f rom you as Trustees concerning any such matters. The procedures undertaken do not provide all the eviden¢e that would be required in an audlt, and consequently I do not express an audit opinion on the view given by the account5. Independent Examinerf,s Statement In connection with my examlnatlon, no matter has come to my attention: Whlch gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 130 of the Act,. and to prepare accounts which accord with the accounting records and comply with the accounting requlrements of the Act have not been met,. or 2 to which, in my opinion, attention should be drawn in order to enable a proper understandlng of the accounts to be reached. Mrs A L Colller Bray Accountant5 21Angel Hill Tiverton EX16 6PE 12 March 2025 Page 6 TIVERTON VINEYARD CHURCH CIO RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST AUGUST 2024 2024 Unrestricted Restricted Funds Funds Note (2) Unrestricted Restricted Restricted Funds Funds Funds Note (2) Note {21 Total Total RECEIPTS Donations and offerings Gift Aid tax refunds I nterest 95,038 18,086 163 5,450 100,488 18,086 163 102,855 22,808 122 5,049 107,904 22,808 122 113,287 5,450 118,737 125,785 5,049 130,834 PAYMENTS Pastoral Care Children and Youth Outreach Giving Training Gathèrings and events Running and support cost5 156,1241 {56,1241 112,7931 112,7931 14,2891 14,2891 116,271) {16,271} 14,0781 14,0781 18,4241 18,4241 114,764) (7,4971 122,2611 {51,8861 113,3041 14,620} 115,4171 14,3201 {8,8221 (15,827} 1201 151,9061 13,3041 14,6201 16,5391 122,1451 14,3201 {8,822} 115,8271 1189) Cha rita ble activities 1116,743) (7,497) 1124,2401 {114,1961 12091 16,5391 1120,9441 Other- Incl. governance 11,5561 11,5561 (1,2721 11,2721 TOTAL {118,2991 17,4971 (125,7961 1115,4681 12091 16,539} 1122,2161 Net Income/(expenditure) 15,0121 12,0471 17,0591 10,317 1209 11,490} 8,618 Transfer between funds {1,742) 1,742 11,6961 1,696 Net movement in funds {6,754) 13051 17,0591 10,317 11,9051 206 8,618 Funds brought forward 51,784 305 52,089 41,467 1,905 99 43,471 Funds carried forward 45,030 45,030 51,784 305 52,089 Page 7 TIVERTON VINEYARD CHURCH CIO STATEMENT OF Assrfs AND LIABILITIES AS AT 31ST AUGUST 2024 2024 2023 CURRENT ASS￿5 Cash at bank Barclays Community Account Shawbrook Bank 19,418 25,612 28,566 23,523 45,030 52,089 FUNDS U nrestrlcted General Fund 45,030 51,784 Restricted Fund (note 2 305 45,030 52,089 The report was approved by the Trustees on signed on their behalf 2025 and Steve n (Chalrl John Crawford (Trusteel Page 8 TIVERTON VINEYARD CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS ST YEAR ENDED 31 AUGUST 2024 l. Accounting Poll¢les Basis of the re aration of he account5 The flnancial statements have been prepared on a Receipts & Payments basis whlch summarises the movement of cash In and out of the organisation, In this context cash Includes bank accounts which can be readily available to pay debt5 as they fall due. This format of accounts is available to non- company charities with gross annual income of £250,000 or less. Clas iflcation of income and ex en ture Income and expendlture has been analysed In the accounts using natural classiflcation. Funds structure The charity maintains an unrestricted fund which represents funds which are expendable at the discretion of the trustees in f urtherance of the objects of the charity. Unrestrirted funds may arise from offerings and donations of a general nature. Restricted funds may be provlded to the charity for partlcular purpose5 and may only be spent for the purposes for which they were given. Any balance remalning outstanding on a restrirted fund at the end of the year Is carried forward as a balance on the fund. 2. Restrlcted Income Restritted income represent5 funds recelved for the Tiverton Job Club run as part of the Chrlstlans Against Poverty ICAPI inltlative (prior year only) and also f unds recelved in support of the Tiverton Vineyard, Breal(fast on the Go IBOTG} and Lunch on the Go ILOTGI initiative. 3. Trustees, remuneration and expenses During the period John Crawford was paid a gross salary of £38,39712023 £34,069) and pension contributlons of £1,60812023 - £1,481). John CrawFord w35 appointed a Trustee on 5 May 2016 and is continulng to receive a salary In respect of his position as Lead Pastor as permitted by the charlty's governing documents. Jude Crawford, who is the wife of John Crawford, ha5 received a salary of £9,33712023 £8,957) and pension contributions of £16812023 £1361 during the year in respect of her position as Lead Pastor. Beccy Daykin, who is the wife of a Trustee Steve Daykln, has received a salary of £9,57812023- £8,114> and pension contributions of £15512023 £941 during the year in respect of her role as church Administrator. No other Trustee received any remuneration or reimbursement of expenses. Page 9