DERBY VINEYARD (Charitable Incorporated Organisation) CHARITY REGISTRATION No: 1198502 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2025 Independent Examiner5 Ltd The Grain Store, Hills Barns Appledram Lane South Chichester P020 7EG
DERBY VINEYARD CONTENTS Page 3 Legal and Admlnlstratlve In1MatiOn Page4to7 Trustees Report Pages 8 Independent Examiners Rert tri the Trustees Page 9 statement of Finandal Activities Page 10 Balance Sheet Pages 11 to 16 Notes to the Financial Statements
DERBY V114EYARD LEGAL AND ADMINISTRATIVE IIIFORMA71014 CHARITY NUMIIER 1198502 DATE OF REGWRATXON 04 2022". CIO reglstroDDn OThER NA14 l>erby Wirwèril START OF VINANCIAL YEAR 1st piarth 2024 END OF FINANCIAL YEAR 28th Fetrwu 2025 YRUMES 114 OFVICE DURIN4 YE TO 29TH FEBRUAAY 2025 Mr W Fafjrhurnt Mrs Viv Guy Mrs Carmel Ashby Mr ChStopher Modey Mr Pavl )one5 The exisiing tTusttts appoirt ntw tnjstees followlng the prnvi5tLs laid In the ganISaon.S goveming Insrrument. LEGAL STATUS Charitable IrKorpvaie# Orywi5atfr 0OJECT$ The ODJects the Churth are for the benèfit of th¢ putL To adv3Th the Christian rEli9ion for the publ benefit acanCe with the Statement of Faith In the Schedule hereto attached in svch parts of the Unlted Klngdom aThJ the 4Th such ways In suth parts of Derbyt the Unired Kingdorn or the world as the irustees from Jme ro bme may thlnk fit., CORIiESPONDEIICE ADORess 25 Park fyg¥e DE22 IHE cop4T* LIETAILS c.A PRIMARY BAIIKtft5 The Co-OFWOtlve Bank Pk PO Box 250 Ddr House Soirthway. SkdTher5dole Wr18 6WT INDEPENDENT EXAM114ER Iependent Examlners Ltd The Grain Store. Hi115 8ams AppIraM SoLrfh Chichesrer P020 7EG
DERBY VINEYARD TRUSTEES REPORT FOR THE YEAR ENDED 28TM FEBRUARY 2025 Gov•rnlng l>ocument ReeNiimnt & Appolntmii•it •1 Trustee¥ When a¢mitiing new rnemtyers the rd of Trustees lake5 into the contnbutyC• to the s11$ mix and balance of the board as è ¥vhole. Tru5tee5 are ryrvited by word of mouth and by direct agproKh to people who pos5eSS these 5k1115 and support the values ano obJert5 of the chority. Truite• In¢¥¢t1 • Tr•lnln9 At prtsent nesy Ttee$ have afj lTrfonn•l IndLlalon process by M?n9 one gf exls¥n9 Trustees. Thi$ induthon covefs the fo11n9'. A brief hlstory of the organisaVoA and its plans for developnwt. A summary of the legal reSp)n11S for Trusw. StateTnents of the current finan0 Poyiion vlth referEfi to the Iosi 12 months and PIelt10ns for the followlng 12 mtyiths. Futu plans bnd objectives. The decision-mèking proces Resources avallable fof ongoln9 delOpment In the re (The Cornrnls4oA web site and help Ilne number5 and any other urKornln9 vainlng events) Existing Trustees are encovra9ed to attend In-servlce trairting Èvents for YStee5. When this happens, trTe levant Trustee presents a Summary Wifh any rdevant acton noted. Oryanl•aWoh•l Structu• Derby Vineyard Is supported by a Board of TDJstees who are responsible for polity dliSn5, and who wularfy nternrt wlth the Seniei Pastors throu9hrAJt rhe year. to ewe best prathtt ifhln the artivie5 of the oryanisatioD. Tre Senior Pastots a respOlbIe for ali rnatter5 relaied io the wntual guidafKe and lo4dership of the thurcti and the Trustee5 have speciftc Tespon%bllSty for employment, pollry mèkJn9 and major flnan[ial deciyons and commitments. The chadty ernploys both Senior pasto Dn a part Jme basis lone for 2 day5 each per ¥¥eek and one for 3 days). The Trustees and stèff hèvt ccnducted 4 revie¥Y ot the major rtSkS to vjhlth Chènty is exposed. Wbere approprfate, sVStem5 or procedwes have been established to mitlgate the SS laced by the charlty. Procedures are irt place to ensure compliance with Healih and Safety of staff, volunteers an¢J VItOrS in accordance with all of rhe ¥ti¥ilies we arr ev9aged in. These procedu(es are periodically reviewed to ensure that they continue to meet the e0$ of the charfty. The Charity Is afflllated to the A508on ot Vlneyèrd Churches UK and Ireland. Thls Is on assooatyon of approximately 100 Churche5 In the UK and Ireland. The rEgtered office for VatK Is.. Ineyard ChurtrS UK arkl Ireland 252 Cotbn9ham Road HU6 8QA Company No. 04839046 The ossodotion provides splrftl advice. support and trainlr4 lor the pastovs of the drth but It ha5 no legal or structural authority over the organ15abon. MernbErship of the N550aation of Vineywd Churche5 UK and Iland has no Impact on the charity's operntyng pulioe5 or plan$ for developrnent.
DERBY VINEYARD TRUSTeES REPORT (Contlnu•d} FOR THE YEAR EtIDED 28TH FE6RUARY 2025 QbJ•ctlv•o & Arthtlll•B The Objectlyes of the Church are ftr the tnefit of the pubwc: To advarKe the Christian rellglon for the publbc benefit in a[corKe wlth the Statement of Faith In the Schedule hereto attached In such garts of the ljnlted Klngdom and worfd thrDUgh.. • The ofganisatyon and provSslon of Chn5b3n Wolp., The prDvl>on ol such lao11tie5 and serviies as a apprwrfaie the Churth. to enable it to fulfil its mlsyoTr to the members of the Church, VItorS to the Churth 3ThJ the local comnwnity and the wider community.. • The PreOn ol facllltles for Christian training and servite.. . The support and provlslon of Christran evangelism and ¢xrtreèth.' . The proVIOn of •$slstance to the er ChrtSliaA churth In its rrAnlstries. Ch•rlty Alms & Dlff¢rence we •ek to rnake Oerby Vineyard Is committeo to defnonstrwin9 what it rneans to follotN Jesus Christ throuyh prnctically serving the $pltOI. phylcal and ernotlonal needs of PEople in our local cornmunities. the City of eV aTrd surrounding areas, spedflully In line with the objectives and èttivll*s of the oryanisotion. Through thls investment we aim to be a tatslysr ror positive change Within the city of Derby and svnouThding a¥eas. Charlty for th• y•ar l. The development of Sm¥1 Groups 5und4y SeThios. 2. The support and trninin9 Ot leaders. 3. The expansbon 4nd development of the volunteer 4Yorkforce. 4. Continued p05ifjve engagement with the comrnuTritie5 Vle 5erye. S. The developrnent ol partrrr5hips with OtheF £nuTches Jn the a¥ea. 6. Oéyeloprnt of the IntemthiI partnerships. $trat•g¥ and actlvltlqs th•t e•ntrbbut• to •¢hbwlng •bJ•rtbv•s l. The ¢evekpment of Smll Groups aj jaY Services . Deve £(1$e5 that contrfbute to perso1 and spintual development of members and the wider tommunrty. 2. The support and troinin9 of leade ovlde ongoing aChIng •nd tralnlng lor the leadershlp tommunlty In tTht thurth. 3. The expansion and development of ihe vdunteer workforce - Fknide tr•iniThJ afvj de¥dop a dirnate of ppreclation to Increose the volunteer ¥vorkfor£e and ¥uMeer retenuon. 4. Contlnued posltive engagement wtth the communltyes we 5eThe - Develop Ilnks wlth ¢)ther sector5 of the communlty and community workeis to idtnfy needs that the owty can Wp Develop compasslon ministry to help the vulnerable. 5. Development of the internatlonal partnershI- Keep Te9ular conw wlth over5e•s projeci worker5 and take trips to a¥¥t In the developn)ent ol projects and stoff.
DERBY VIIIEYARD TRUSTEES REPORT Icontlnued) FOR THE YEAR E140ED 28Th FEBRUARY 2025 A¢hlw•ro•nts & Perfottn•n The chvrch has contin w enjoy gro¥vth and rnomentum. The Sunday serwces have hwj a vaned progrnmme. with the opportunity fDr involvemert or those in the congre9ation. The services Induded a wular 'Thanksgiv1n9 Service. on the first S0Y followed by sausage ènd thips provided by Irish Centre. and sgeoal services at Easter and Chnstmas, which helped ¥Yith conbnuity ano momentyjrn. A5 the thvrth irKreased In rnernbership. the al Srnoll increased to a0Mm0dtr new plt. The Church contyntsed to regular youth etIngS and soci txrtiws for teentyers. with a new regular programme for the Youth on a Sutyjay mtsrnlng at the Wllklns Centre. The Servi ènd smèll group mEetirys followed è ol times to In their spirttual. rdatlonal ané emotsonal devdoprnent. To faolitate Ctsndntsity, the Sm1 4mup$ contswed ty meet thrJ1 the terrnly thjrbge. The small oroups leaders were SUPPOrted wlth reyybar lea¢JersNp meinoslcheck-1r thLs A number of the er5 attended the Wineyard National Leaders Confertntt helo In Nottingham. The vast majority of Ihe wDrl( of the church happens thTouyh the contribution of volunteers. We have a broad tearn of volunteers who serve on a rota bas, helwn9 to conaLtt the meetyngs. The volunteer Workforce Is ervjaged In all a¢Èas ol thè thanty ofTrJective5 iU01ryj comffnity •ctivities speual wDJects. Several mberS of the thjrth serve as trIts5 of Wllliam Wilklns Tiust {Chènty NO. 11682181 and bave token restyJrtsibillty for managiry the Wllklns Centre. volunte5 who a rhyrt of the church have been involved In managlng rhe affalrs of the bulleln9, Indudln9 monaglng the iethws of the buSldSTrg, dor?n9 the bullding and arranging maintenance Js required. In retwn. only min¢m thorge5 •re fflade when gmUP5 frorn the church use the bulldln9. The church provlded a 'Wèmi Hub, durfrw the winthr ffnIh$. • weekty event dTr9 th? day on a Mday mornin9. The Wilkins Ctntre wè5 opened from 10am w 2pm. member5 of the church provided a simple meal. Jnd comD•n¥ for th¢)se in need In the loral o>mmvnlty. These often Induded homeless ètMI rou9n sepers. We were able to vlork dosely Wifh otrT a9enc+es. indudlng the neorby D•by City Churth Hope Centre. Comrnunity Arbon Derby and Derby Oty Councjl's publ officer5. The church hosted 'Outrtaeht5' ITr the local ShopTr9 center. usiny 4 v•r4rt Sto. they were able io dIStrbte chocolates, provi¢e chlklren's acbwtses and offer fnend5hip to lool shoppern. The churth has continued to SUPPDrt • fafflily who tr*n and ¥Yorker5 In the Mlddle East.
DERBY VIt4EYARD TRUSTEES REPORT (Contlnu•d) FOR THE YEAR E140E0 28TH FÉBRUARY 2015 Flnandal Revlow tncome lor the year amountel to £79.548 12023.. £8.3081 and expendlture £73.603 12023.. £3,639). The proftt of £5,945 was added to the lunds brought IoFV4ard of £4,669 resulknng in • figure for February 25 of £10,614 Prlndpal Fundlng re• The prlnopal Income sourts for Derby Wineyard is through per50nèl donotlons frnm its ffembera. We do r+t cufftntty triVe any grnnts or bursaries ITOM exterThal i#Jthes. Inv•Atment Polky Aside from retèining a prudent amL4mt in reserves eath year, all of the chanty's hjnds a to be alloc4trd towards fulAlllng thE objecuves ol Ihe charfty. ReMrv•• Polley The Trustees have jgreed to the Testrves of ÉIO.CW. •id towarts 3 months core runn&ThJ Costs. Thi$ policy 1$ $ub}ect to a revie4 anny411y. Publlc B•rL•fft The Trustees confim) that they hove with the we4ulrtrnts of section 17 of the Charities 2011 to have due re9arf to the benefit guIda publ151 by the Ch•rity Ccfflmlsslon for En91• ano Wales. Trust•ts Ilespon•lbllltl• The Chiritles Att 2011 require the Trustees to pre firs)rKial strtements for eath finanoal year which give true and fèir View of the stw of of the trust atyj of the surplus of the tTUSt for rh•t p2noO. In prepjring those finala1 sratements the Trustees are requ1 10.. . Selert svitsble acco119 polities and apkly th (ms&ently Nake Judgernents estimates th•t ore reasonable and plefit . Prepare finanual statsments on the 9oir¥J cmttm bays unless It Is iThoppropnate to presume that the trust will continue In existerKe. The Trustees are SpOnSIe for keeplng proper xcountlng rEcrrt, %Yhlch d15close wlth Tea%)nable accuracy ny tyme the finanoal positron of the tru#. They are also re¥onSie for safeguarding rhe assets of the trts5r n¢J hence for taking reaSonae steps for the preventron and detectK)n of fraud and other irre9ulatitie5. Thls report has l)etn tred In accordatlce wlth recomrnenoed pr•th"ce. Narne Acil L)2S Dote.. . 2c£S Sgned on behalf of the Trustees '.
INDEpeNDENT EXAMINER'S REPORT ON ThE ACCOVHTS I report to the chanty Tvustees on my exèrninatson of the accovnrs of Derby Vineyard for the year eThJed 28 February 2025 which are ¥t out on p•Je$ 9 to 16. Rtsp•thv• r••pondblllll•B ol TruBt••s and •xamln s the £honty'5 Trustee5 of Derby Viryard you are respubIe for the prewrètson of rhe actyvnts In accor¢ance wlth the requiomeftts of the Chanties Act 2011 1.the P<t'l. Independenl examlner's rtatement I report in respect of my ex3minatson of Dety Vineyard acojurts carried out under section 145 of the 2011 t and In corylng out my examlnatron I have followed all the appllcable Olrertioils glven by the Charf Commlsslon undef sect4on 1451Sllbl of the Art. I have completed rny examination. I confirm that no matefflal matters have corne to my attention In connertlon Yith the eXamin•0n giving c•vse io believe that irb any rnatenal respert". l accountrry records were nat kept in resped of Dwby Vireyw¢ 4$ requlreo by secbon 130 of the Act.. 2 the accounts do not actowd with those records." or 3 the accounts do hot comply with the accountyry wuirprDents Conrning the fom and content of accounts set out In the Chartties IAccounts and Reports) Re9ulation$ 2008 other than any requirement that the ac(ourFts glve o knJe aThJ fair vie¥¥ ¥Yhith is a matter con%dered as part ol n Independent examination. I h4ve no nCernS and have COTr auoss other matter5 In rnnnecdcffi *lth the examinatlon to Vlhlch aitentlDn should be drown In Lhis wort In order to enable a pvoper understaNdin9 of accounts to b reached. Kim Gomes FCIE MA4T Independent Examiners Ltd The Goin Store, Hills Barns Appledram Lane Sout Chirhester P020 7EG Sgn.. Dated.. 18.12.25
DERBY VIIIEYARD STATEMEMT QF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18TH FEBRUARY 2025 Unrewicted Restrirted Funds Funds TOTAL 2024125 TOTAL 2023124 INCOME AIID tIlDQWMEIITS FROldJ: Notes DonatlDn5 Legaoes 73,824 73.824 8.308 Other lcome 5.724 5.724 TOTAL 79.548 Yg.$48 tXPENOITURE 011: Charitable Activities 73.603 73,603 3,639 TOTAL 73.003 73.603 NEf INCOMEI{EXPEP40miREI S.94S 5.M5 4.669 Total Funds Brought Foryrfard 4,669 4,669 TOTAL FUNOS CAKRIED FORWARD 10.614 10.614 4,669 Movemeftts on all reserye5 all reco9nised 9ain$ and losses are th)bYn •bDve. All of the oryan15atiOt)'$ peratsOn5 are classed as con¢lnLNry. The notes on Dtyes ll tg 16 lorrn part of these nnantl ststemenrs.
DERBY VINEYARD 8ALAP4CE SHEET AS AT 28Th FEBRUARY 2025 UnTesrfitted Restncted 2B-Feb-25 I8-Fe24 Fund5 fvnd$ T•tsl Tot*1 Flx¢d Au•ts Tangible assets 651 651 Debto 1.822 ,951 1.822 8.951 Cash at bank and in hand 4,669 Toui Curr•rt AH•ts 10.773 10.773 4.669 Crodltorg: èmounrs f•lliw within ofje year 810 810 NIT CURRÈNT ASSEfsi(LIABILTfiESI 9.963 9.963 Ne7 ASStrsiiLIA8ILITIES) 10.614 10,614 4.669 of th• Charlty General Fund5 Restncted Funds 10,614 10.614 4,669 Total 10,614 10.614 4.669 The financial statements approved. •urhortsed and ned OTr their behalt by.. 17 D.--_i- 2C' IS Slgned on thtlr behaff tyv. Trystee . io
DERBY VIIIEYARD IIOTES TO THE FINANCIAL STATEME14T5 FOR THE YEAR ENDED 28TH FEBRUARY 2025 BzolA of pMpar•tloft: These accounts have been prepared unJw the hlsiortcal cost bays of accounbfto In aciordance with the Charities Act 2011 The accounts have prepared in xwrdance ith.. the 5taternent of Recornmended Prèctlce.. Accountiry and Reporting by thantSes preparing their accounts In occordèrKe wlth the fvnancial Reporung Standarf op1¢•ble In the UK and Republlc of irdand IFRS I02}2r edltyon Issued Dn i January 2019. Derby Vintyard meets the definition ol a public benefit entlty under FR5102. Assets ond lla"•1ties art 1ftially recognised at historkal cost unkn other4Yise ateo In Ihe relevart 3ccountin9 plty notes. Preparatlon of the accoyrts Is on a gtimig CCKern b•%$. The Tnjstees are of the that the levd of reserves will 51tpport tht trity goln9 fon¥ord. The charfty has applied Update Bulln i as pUShed 2 February 2016 dots not Indle a cèth flow statement on the grDunds that rt is applying FRS 102 Sethon LA. Chang•S to •wwntlng •rtIM•S No thènges to accounttng esbmates have ocojrred In TewMVr¥J perfod. Materl•lprlorp•rlod •mws No material prior year error have been idene Sn the rewjrting perfod. I. ACCOUNTING POLICIES The partitular ac£ounun9 Polie$ adooed are sei ¢>Jt bel¢)w. r¢ecoqnltlon olIn• These a Included in the Statement ol Finanaal ArtlIeS ISOFAI Y4hen: . the £hanty becomes entrtled to the Income., ' It Is more likely than Th)t that the trustees will wve Ihe re5w. and . the n)netary volue can be measwed wlth gjrncient rellalmlity. Offs•t¢lng There h35 been no offsetting of atsets and Iiaknltbes. or IrK0 and expenses. unless requlred or permnteo by the FR5 102 SORP or FRS 102. Grnnts Don•¢lons Grants and donarion5 are only IrKluded In the SOFA when the gerbÈrtl IrKoffe recognitlon criterfa are n%t 15.10 to 5.12 FRS 102 SORPI. Tax Ae¢l•lms on Don•tlons •nd 611ts Gift Aid receivable Is Induded In Income when there 15 a vid dedarntrm from the donor. AAY Gift Ald ornount rE(overed un o donation is considered to be part of gift and 15 treoted as an addition io the sbme fund the Iniknal dortation unless the donor w the terrns ol the appeal ha¥e spetified otherwise. Thi5 15 only Included In rhe SOFA once the cbarity 13$ provided the goods or seNlce5 or met the performance related Cor•t10n5. Gllts In Klftd Gifts In kind for use by the thanty are Included in the SOFA as IfthTre ftom donations when reteivable. Legacie5 are included In the SOFA ¥YheD receipt is protsaD. thai Is. when there has been granE of probate, the e*ecutors have estsbllsheé that there are $thnI as5els in tht estate and any coThlitloD5 attached to the legaty awe either wlthln the control of the chèrfty or hève been rIt.
DERBY VIIIEYARD NOTES TO THE FINANCIAL sfATEMENTS Icontlfits) FOR THE YEAR EHDED 28TH FEBRUARY 2025 Go¥emmert Grnnts The chanty has not re1Ve{l governrnert gr•its in the rewting period. Donated goods are measured at fair v•lue (the aryK•Jnt for tht asset couKI be exthangedl unless Imprtrtical to do 50. The cost of any stock of 9ood5 don3t2d for distribullon to benefIcne5 15 deerned to be the lair valL of those g1ft5 at tne time of thelr rEcelpt and ore re(txJnised on recelgr. In porting pefloo in which the srocks a distnfjuted, they are fecognised as an expense at the rarrylng amtyjnt of the 5totks at dlstrfbutyon. Donated good5 for resale are measured at falr value on Irsityal reco9ndv(. whlth 15 the expeLled proceeds from sale less the e¥petted wsts ol sale, and reco9nlsed In 'lrKome from other vadlng artive5, Wlth the correspondin9 Stock recognised in the balance sheet. On its yle the value of 5tLKk Is charged against'lncome frorn other tradlw tIVitIes. and the proceeds from sale a also rewnlsed as 'lncrme frorn other tradlng rtivittps, Goods donated for owoing use by the thanty are recogThsed as thnoible fixed assets Induded in the SOFA s Incomln9 resourres when reLva)le. Donated seThlces ènd fa£ilittes Included In rhe SOFA when recd¥eO at the value of the gfft to the pro¥lded the value of the gift ian be measvred rellav. Donated serylces and fadlSties thèt ore consumed irnmedi4tdy a rtcognised as inc¢)me wlth an equivalefvt amount reco¢nised as an expense vThJer the approprfate headifw) in the SOFA. Voluttt••r H•lp The value of any lUntary Ip Tyed is indje¢l in the >t5 bJ¢ is described In the Dirertor5' annual report. Thi5 15 Included In the accounts receipt Is probable ènd the amwnt tèr+ be measufed rellawy. Zn¥•tment GJIM •nd This Included on¥ galn or loss on the sole of 5n¥estynts and any 9aln or loss resulting from revaluln9 investments to market value at the end of the year. Insurance clairns are only included in the SOFA when the 9tx)ertl iorDE recoJnition ufterfa a met IS.10 to 5.12 FRS 102 SORPI and art in£luded as an Itern ol C4her In the WA. Member5nip subscriptions received In the natrjre of a 91ft are reco9nised ID DonatioThs and Le9•des. Membershlp 5ubSCrtons ¥vhich gives a ffber the nght to buy setVi£es or attr beneArs are re91$e ès income earne¢ from the provisoty g•ods servitys as income from charbtsble 1vItie U•blllty R•cognl¢loft Liabilities are rE¢O9n15ed viherE it 1$ rr)re Iikdy than not thot there is a leoal or tonstnKive owigabon committing the charfty ro pay out resour arKY the arrwnt obJwJab¢)n can be me45urf wlth reasonable certainty. Support costs have been allocate# bets governaoce costs and )ther support Govemante costs compnse all costs InvLgvlng publlc ¥countODiliiy 01 the thèrrty and its ctynplièrKe with wtoulatioTh and practlce. 12
DÈRBY VINEYARD NOTES YO THE FINANCIAL STATEMENTS {contlnue41) FOR THE YEAR ENDED 28TH FEBRUARY 2025 Gr•nts wlth Perforni•nc• Candluofts Where the charity gives a grant V41Lh CDnditiorts for its payrwrt bein9 a swofic level ol servke or output to be provlded, 5vch 9rants are onty rerognlsed In SOFA once the redplent ol the grant hos provided the 5pecifieO servitr or output. Where there ère no condiuw5 attèching 10 the 9rnni that enable5 the dorK)r tharity to 1(allY è¥old the commitment. a liability for the full funding ODiigauon must be recrynised. Employ•e ban•nts Short term benefits induding )110V pay ¥e recowixd 4$ In expense In the PErioO In whith the servitt 45 received. Redund•rty cort The chanty maée no redundarKy payrnents dunny the remr4 perlod. 140 rnaterial item of defeffed IrKome has been Indjed In # £Trts. Crtdlto The charfry has creditors Wh e at SetyeI afflount5 less any trade discounts. D•btors Debtor5 IindudlNJ tr•Je deblora loans rVae) we IaSra1 on iolU& rwnithm at settlement mount aftey any trade discounts or amount ad¥onced ty the thènty. SvbsequenUy. tw are rneare at tho ash or other con$5de¢afjon exDerted to be received. Stocks held for sale as part of non.chwitaNe trade are measured at the IoY4er or co# or net rea1Wb valu¢. Cash at 8•ftk In ho Cash at bank and In hand Indudes ush hl9hly IU invesbments è thort miturfty uf th months or less frorn the date ol Kquity¢)Tr or op•niry of the deposit or gThl•r actouNt. Prov1¥ for Il•blllll• liability Is tneasufed on rero9NtiOn at its $tor cost aThl then musLwed ai the best estimate of rhe amount requiwpd to setise the ot4igotlon ot the reportbng date. TX•tIo Derby Wneyard Is noi reglstered for V•lue Added Tax and therth expendltfft Is Shown Indusive of Value Added Tax. Funds FuTrJs held consist of.. . urestcted GÈrthl Furvjs whkh ore usel for 9enÈral nimlw ot the . egnated Funds which nave been rfng-fenced for a specific purpose by the Trustees . Restrirted Fund5 which must only be used for the purpD5e specified b¥ the ¢Jonor of those lurwjs The chanty wly h45 rtnanaal a55ets and financièl lièbilities of a kjnd that qualify 45 ba51( financiol Instrurnents. tsa( flnandal Instnjmenrs Jre Inltlally recognlsed at transathon value ènd subwuendy measured at thelr settlement value with the exoption of bank loarts a measwtd at amort15ed tost uslng the effertiye Interest method. FIXE Assets These art cèpitalised if they c4n be used lor more tn one yeaf. Jnd co# ot least £5. They are v•lued èt cost or, 119ifted, at the value to thè Charity on receipt. Depreciatson ss tal£ulateo at a rate to write off the cost of tan4sble fixed assets on a redn9 balance over thelr È5timatÈd useful lives. The raw5 applied per annum arE ès IoiK)ws'. Equipment.. 25% No deprEciaknon ¢$ chatye¢J to freehold property •5 the propty Is mwntaird to gjth 4 Stanoard that the estlmaied resldtsal value is rt less cost. 13
DERBY VINEYARD 140TES TO niE FINANCIAL STATEMEIITS (<ortlnu•d) POR THE YEAII ENDED 28TH FEBRUARY 2025 2. TANGIBLt FIXED ASSErs Totsi Fund Fund EQUIPMENT Cost A¢dltlons Cost at 01-MJr-24 28-Feb-25 )8 DeprecSatyon Charye Depreciation Jt 01-MJr.24 257 257 257 257 28-Feb-25 Net Book Value Net Book Value 28-Feb-25 28-Feb-24 651 6S1 The annual comrnltrrerts under Th)n.(t11j oper4tyn9 Seases ènd tapital commStments are as I10%¥$. 28th February 2025 ". P4)ne 28rh February 2024 ". MDnÈ 3. INCOP4E AND ENDOWMEIITS FROM.. Ilote5 ljnrestncted Restrcted Funds Funds TOTAL 2024125 TOTAL 2023124 Donation5 and OfferinGL5 Glft Aid reclaimed 59.461 14,363 59.461 14,363 8.308 73.824 8,308 b) Other Incom• Community Action Warm WdcDfne 5.714 5.724 5.724 5.724 14
Df RBY VIMEYARD NOTES TO THE FINANCIAL STATEMEIITS (¢ontlnu•d) FOR THE YEAR ENDED 28TH FEBRUARY 2025 EXPENDfTURt ON: P4ote5 Unrestrlcted Aestrfcted TOTAL TOTAL Funds Funds 2024125 2023124 •) CharitalA• AcllvllS•• Buiklin9 Cosrs Compassion Equlpment ènd Hardsyare Gift5 and Donation5 Ministry Salaries and Wage5 Subs£riptyons and Memberships Support ana Leadershlp Tralnlry Telepbone and Internet Venue Hire, Meeting5 aNJ c*rirwJ irtneyard Tithe Sunday Servlce Costs Adrnlnlstration •fyJ Office Costs Oepreoatio Independent Examiner5 Fee 2.199 630 2.199 630 3,639 2,940 5.302 41.101 741 1.943 695 5,140 5.302 41.101 741 1.943 695 5.140 7,000 2,682 2.103 257 810 2.682 2.103 257 810 639 5. RESTrICTf D FUNDS No festricrta funds were dunno thls financlal year. fj. CASH FUIIDS Unre5tncted Re#rfrted Total Tot•1 Fund Fund 3024125 2013124 Ojrrent Accounts 8.951 8.951 0.951 8.951 ?. DE•TORS AND PREPAYMEPITS Total 2024125 7ot•l 2023124 Fund Fund Gift Aid Rectsverable 1,822 1.922 1,822 1,822 Is
DERBY V114EYARD
NOTES TO THE FIMANCIAL STATEME14TS (