2024-12-31-accounts - Truly Making A Difference Ministries

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TRULY MAKING A DIFFERENCE MINISTRIES (TMAD) The Vine Church

TRUSTEE’S ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

TRULY MAKING A DIFFERENCE MINISTRIES (TMAD) The Vine Church

	Page
Corporate Information	3
Board of Trustee’s Report	4
Independent Examiner’s Report	8
Statement of Financial Activities	9
Statement of Financial Position	10
Accounting Policies	11
Notes	12

Corporate Information

Registered Charity Number:	1208456
Principal Office:	Etone College
	Leicester Road
	Nuneaton
	CV11 6AA
Board of Trustees:	Joseph Olatunbosun - Chair
	Adefunke Ogunoiki
	Abimbola Ayorinde
Banker(s):	NatWest

Board of Trustee’s Report

1.0 Introduction

The Board of Trustees present their report and accounts for the year ended 31st December 2024. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.

1.1 Public Benefit Statement

The Trustees confirm that they have complied with the duty in section 4 of the Charites Act 2011 to have due regard to the Charity Commission’s guidance on public benefit "Charites and Public Benefit".

1.2 Structure, Governance and Management

1.2.1 Governing Document

The charity is a charity incorporation organisation (CIO) and governed by its constitution dated 30 May 2024.

1.2.2 Trustee Appointments

Trustees are appointed under the terms of the constitution.

1.2.3 Induction and Training Policies

The induction process for a newly appointed trustee comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the pastor on the powers and responsibilities of the Trustees.

1.2.4 Organisational Structure and Decision Making

The charity is organised so that the Trustees meet regularly to manage its affairs. The pastors manage the day-to-day administration of the church.

1.2.5 Related Party Relationships

Truly Making A Difference Ministries partners with other charities to deliver its objectives.

1.2.6 Risk Management

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity and are satisfied the systems are in place to mitigate our exposures to the major risks.

Board of Trustee’s Report

2.0 Objectives and Global Outreach

2.1 Objectives and Activities

Truly Making A Difference Ministries, also operating as The Vine Church, is a Christian Church Organization and a registered Charitable Incorporated Organisation (CIO) operating under the laws of the United Kingdom. Rooted in the life and teachings of Jesus Christ.

TMAD The Vine Church currently fulfils its objectives for the furtherance of Christian Faith in our community through:

Sunday Worship Service
The Vine Kidz Church and Kidz Holiday activities
Outreaches to further the gospel in our community
Christ-centred family programmes
The Vine Ladies Network Monthly Fellowship
Donation to Nuneaton Food Bank
Midweek Connect Groups.

2.2 Public Benefits

Apart from its Church activities, the charity was involved in the following public benefit efforts:

The Charity makes regular food donation to the local Food Bank
The Charity makes financial contributions to support other charities and group running events in the community

Our efforts are geared towards supporting the programmes of our local council, promoting cohesion in our community, and positively impacting the lives of the young people and the elderly.

2.3 Grant Making Policies

The church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The church gives occasional grants to congregational members who are in need.

2.4 Contributions Made by Volunteers

The church is grateful for the unstinting efforts of its volunteers who are involved in providing services for the charity. It is estimated that over 3000 hours are provided by volunteers during the year. If this is conservatively valued at £11.44 per hour, the volunteer’s effort will amount to over £34,300.

Board of Trustee’s Report

2.5 Achievement and Performance

The church continues to enjoy tremendous growth in its physical and spiritual life during the year, and in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust deed.

The Year 2024 has been a dynamic and spiritually enriching period for The Vine Church, marked by a variety of impactful events, spiritual disciplines, and community outreach initiatives. This report provides a comprehensive overview of the key activities and milestones achieved throughout the year.

Spiritual Growth and Discipline

One of the foundational spiritual practices of the church this year was corporate fasting, which spanned a total of 34 days. This included:

A 21-day Fasting and Prayer in January 2024, setting the tone for the year. We met every day for 21 days to pray corporately as a church.
Monthly fasting days from February 2024 to November 2024. We held ARISE Monthly Fasting & Prayer every first Wednesday of the month to keep the entire month into God’s hands.
A final 3-day end of the Year Fasting and Prayer in December 2024, closing the Year with spiritual reflection and renewal

Monthly Highlights and Events

January 2024

Welcomed Mr. Sam, an HR Employment Relations Advisor, a guest speaker, who delivered a powerful message on Flourishing in the Workplace to all church attendees.
Launched The Vine Ladies Network Fellowship, creating a dedicated space for women to connect, grow, and support one another.

February 2024

Hosted a Paint & Praise Party for The Vine Kidz Church during the February half-term break, blending creativity with worship in a fun and engaging way. This was open to all children to access.

March 2024

Celebrated Mothers’ Day with a special Ladies Hangout, honouring the women of the church through fellowship and appreciation.

April 2024

Conducted Workers’ Training led by the pastors, aimed at equipping both new and existing church workers with the tools and understanding needed to serve effectively in church.

Board of Trustee’s Report

May 2024

Held a Connect & Chill session at the pastors’ residence, fostering deeper relationships within the church family.
Welcomed Mrs. Deborah, a Mental Health Nurse Manager, as a guest speaker, who shared insights on Flourishing in Our Health, encouraging holistic well-being.

June 2024

Organised The Vine Men Hangout, providing an opportunity for the men of the church to bond and engage in meaningful fellowship.

July 2024

Delivered a Family Focus Teaching Series throughout the month of July, aimed at strengthening family units through Biblical principles. The teachings were impactful and well-received.

August 2024

Hosted a vibrant Family Fun Day, bringing together members of all ages for a day of joy and connection.
Held a Back-To-School Prayer Meeting, covering children, parents, and educators in prayer as the new academic year approached, and parents were equipped on how to prepare for the new academic year.

October 2024

Organised The Vine Kidz Light Party, offering a fun and faith-filled alternative to Halloween.
The Vine Kidz Bible Club took place during the October half-term, nurturing children’s spiritual development through engaging Biblical teachings.

December 2024

Participated in the Nuneaton Christmas Light Switch-on, representing the church in the wider community.

Conducted several outreaches and festive events:

Evangelism initiatives - Flyers and Free Bibles
Financially contributed towards The Great Mince Pie Giveaway
Christmas Carol Service, celebrating the birth of Christ with music and worship at the town centre.

Ongoing Monthly Programmes

Monthly Evangelism: Every second Saturday, the church met at Nuneaton Town Centre to share the gospel, share free Bibles both for adults and children, and connect with the local community by answering any questions that they may have about the Christian faith, and to encourage them with the Word of God.

Board of Trustee’s Report

Monthly Word Corner: Every Friday of the month, our Pastors teach the Word of God for our global audience via all the church’s social media platforms.

3.0 Financial Reviews

During the period, the charity received £14,895 in total income. Total resources expended was £9,653 thus resulting in a surplus of £5,242. Cash at the end of the period was £14,351.

3.1 Principal Funding Sources

Funding has been provided mainly through tithes and offerings by church members. Pledges are also taken for specific projects.

3.2 Reserves Policy

The Trustees’ policy is to have unrestricted and uncommitted funds (free reserves) to cover 3 to 6 months of resources expended. They feel that this would enable the current activities to continue if there is a significant drop in funding. It would obviously be necessary to then consider how the funding would be replaced or activities changed. The present free reserve is below the policy range, but the Trustees are continuing to seek additional unrestricted funds.

3.3 Investment Policy

The Trustees have decided that at present, funds should be retained in Banks and Building Societies, and as far as possible in interest bearing accounts.

4.0 Future Development

Our charity continues to explore various ways of spreading the gospel of Christ in an effective manner. The charity is always seeking to grow in membership and continue to develop its members to make lifechanging impact in society.

Board of Trustee’s Report

Trustees’ Responsibilities

The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the net income or expenditure of the charity for the year. In preparing these financial statements the trustees are required to:

Select suitable accounting policies and then apply them consistently;
Make judgments and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
Prepare the financial statements on the going-concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended.

This report was approved by the Board of Trustees on 13 October 2025 and signed on their behalf by:

Full Name: Joseph Olatunbosun

Signature: Position: Chair

Date: 13 October 2025

Independent Examiner’s Report

Report to the trustees/members of: Truly Making A Difference Ministries On accounts for the year ended: 31st December 2024 Charity No: 1208456

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions 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. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which give me reasonable cause to believe that in, any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act;
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 13 October 2025

Name: Olubunmi Labeodan, for and on behalf of The Accounting Club Ltd

Relevant professional qualification(s) or body (if any): ACCA

Address: Ground Floor, Synium House, r/o 94-96 High Street, Henley in Arden B95 5FY

Statement of Financial Activities: Year Ended 31st December 2024

Notes Income: Donations and legacies 1 Other income (Grants) 1 Total Income Total Income Expenditures on: Charitable Activities 2 Other Charitable Activities 2 Other Costs 2 Total Expenditures Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains/(losses) on revaluation of fixed assets Gains/(losses) on investment assets Net movement in funds Reconciliation of funds: Total funds brought forward at 1 January 2024 Total funds carried forward at 31 December 2024	2024 2024 2024 Unrestricted Funds Restricted Funds Total Funds £ £ £ 14,895 14,895 - - - 14,895 - 14,895 14,895 - 14,895 7,049 - 7,049 540 - 540 2,064 - 2,064 9,653 - 9,653 5,242 - 5,242 - - 5,242 - 5,242 9,072 - 9,072 14,314 - 14,314	2023 2023 2023
		Unrestricted Funds Restricted Funds Total Funds
		£ £ £
		- - -
		- - -
		- - -

		- - -


		- - -
		- - -
		- - -
		- - -

		- - -




		-
		-
		- - -

		9,072 - 9,072

		9,072 - 9,072

Statement of Financial Position: Year Ended 31st December 2024

Notes Fixed Asset Tangible assets 3 Total Fixed Asset Current Assets Loans & Advances Accrued Income Cash at bank and in hand Other Debtors Total Current Assets Creditors: amounts falling due within one year Other Creditors Other Current Liabilities Total Creditors: amounts falling due within one year Net current assets (liabilities) Total assets less current liabilities Creditors: amounts falling due after more than one year Bank loans and other finance (long term) Other Non-Current Liabilities Total Creditors: amounts falling due after more than one year Total net assets (liabilities) The funds of the charity: Restricted Reserve General reserves Surplus/(Deficit) for the year Total charity funds	2024 £ 413 413 14,351 - 14,351 450 450 13,901 14,314 - 14,314 9,072 5,242 14,314	2023
		£

		-
		-




		9,072
		-
		9,072




		-

		9,072

		9,072





		-

		9,072



		9,072

		9,072

Accounting Policies

Scope and Basis of the Financial Statements

The accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice Accounting and Reporting by Charities published in March 2005.

Income

Revenue is recognised in the period in which the charity is entitled to receipt once the amount can be measured with reasonable certainty.

Expenses

Expenditure is included in the Statement of Financial Activities (SoFA) on an accruals basis and is recognised at the point when a legal or constructive obligation arises. The majority of costs are directly attributable to specific activities. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Fixed assets

Fixed assets with an individual purchase of £500 or more are capitalised and stated at cost less depreciation which is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:

Property	2%
Vehicles	25%
Equipment	20%
Fixtures and Fittings	20%

Notes to the Financial Statements: Year Ended 31st December 2024

1. Income Income Donations and legacies Restricted Income Total donations & legacies Other income Gift Aid Receipts Other income Total other income Total Income 2. Expenditures Charitable Activities Premises Utilities Travel Motoring & Transportation Insurance Administration Advertising Operations Finance Charges Depreciation Honorarium Total Charitable Activities Other Charitable Activities Outreach Central Office Welfare & Benevolence Charitable Donations Total Other Charitable Activities Other Costs Professional fees and services Other costs Legal fees Total Other Costs	2024 £ 14,895 - 14,895 - - - 14,895 2024 £ 2,330 190 556 2,624 1,044 103 200 7,049 305 213 22 540 2,064 2,064	2023 £ - - - - - - - 2023 £ - - - -
		-
		- -

Notes to the Financial Statements: Year Ended 31st December 2024

3. Tangible Assets

Cost At 1st January 2024 Additions Disposals Revaluations At 31st December 2024 Depreciation At 1st January 2024 Charge for the year Adjustments At 31st December 2024 Net Book Value At 1st January 2024 At 31st December 2024	Property £ - - - - - - -	Vehicles £ - - - - - - - - - -	Equipment £ - 516 516 - 103 103 - 413	Fixtures & Fittings - - - - - - - - -	Total £ - 516 - -
					516
					- 103 -
					103

					-
					413

4. Related Party Transactions

During the year, the church made donations and contributions to other charitable organisations as shown in note 2 under Charitable Giving.

5. Trustee Remuneration & Expenses

During the year, there were no payments or reimbursement of expenses to trustee members.