REGISTERED CHARITY NUMBER: 287717 VINE UNITY T PORT NDAC AZET Aecounlattts
CONTENTS Page5 1 List of Trustees, Bankers and Independenl Examiners Reporl of the Trustees The Chairnian's Report Independeni Examiner's Report Finan¢ial Ststements
Page I VINE CO Y TRUST TEES ANNUA EPOR EDJIS CH2 ruste* The charity trustees during the year to 31$1 March 2024 were.. (Chair) Resigned 31 July 2023 (Treasurer) Resigning 17 July 2024 P Gwdman Mr A Francis r.RCoe Mr V Cosgrove Mr G Crowther Ms J Faulkner Rev John Phillip Stsves Appointed 19 July 2023 Appoinled 19 Juty 2023 es And I. Cent Marlow House Gold Street Dcsborough Northants NN14 2NQ Telephone.. Websit¢: 01 S36 702329 www.marlowhouge.org Barclays Bank PIC Market Place Kettering NN160AX P Tyler Azets Thorpe House 93 Headlands Kettering Northants NN15 6BL
Page 2 PORT OF THE TEE - YEAR ENDED The trustees hav¢ pleasure in submitting their report for the year ending 3 1st March 2024. The charity is constituted as a trust and its rules were adopted on 17 August 1983 as amended 18 November 2002. oflbeT In a¢¢ordanee with the caring principles, and th(kse of equality and diversity. th¢ objectives of the Trust shall be.. l. The provision of Day Centre services for the support of a wide Tange of seJTice users, from a]1 sections of the ¢ommunity. 2. Improving the quaEiry of life and reducing social isolation ihrough the provision of recreational facilities for p¢opl¢ having need owing to their age, infirrnity and disability- 3. To promote the benefits of education and rehabilitation for those in need of assislance. 4. Support independent living through ihe delivery of hot, nutritious meals to peopl¢ who are hous¢lx)und ihrough sickness and infirmity. 5. To provide a safe iransport service between Marlow House and clienti homes by fvlly trained staff. The trustees confirm that they have referred to th¢ guidan¢e contained in the Charity Commission'5 gen¢ral guidan¢e on public benefit when reviewing th¢ Trust's objectives and in planning its firture activities. The main activity continues to be the managern¢nt of Marlow House. a caring community dfly centre for the elderly and disabled and lonely, acting as a social 'droFin' centre which also giv¢s day relief io carers. Freshty cooked mea]5 are PTovide(l iogether with transportalion service for those less mobile people or those without transport. In addition, the TTU5t also provides a meals on wheels servi¢¢ for a number of housebound people and a MMUnity support programme lo ¢neourdge people to remain independent in their own homes. The trustees consider these a¢tivitie$ ar¢ in accordance with the principle of public benefit and they have complied with th¢ duty in Section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Crnnmission. The names of those person5 serving as trustees during the year are listed on page l. The trusteeg mei 5 times during the year and their allendance is set out below.. Actual Po&sible Actual Possibl¢ MrRCoe Mr G CTOWth¢r Mrs P fjoodman (5) (5) (5) Mr V Cosgrov¢ Rev J P Staves Ms J Faulkner (5) (5) (5) At the AGM Azets were reppOinted the Tru3t'$ Independent Examiners and offer ihemselyes for re-election this y¢ar. Trwstees induction and tY¥iDin Trustees, on appointsnenl. are made fully aware of the objectives aclivitics of Marlow House. In addition, they are infomied of their trsponsibilities and role &$ a trustee. Po The Trustees mainiairt a level of reserves sutTicient to enable the Trust to fund ils charitable objectives. In light of the Tnt'S high dependence on the continuation of grants from local authorities. the Trust maintains a level of reserves lo prot¢ci ils future viability should th¢s¢ ever be withdrawn or reduced. on Reserv FinaDCi31 Re ort For the year ending 31 Marth 2024 the Trust had an operating deficil of £33 J60 on unrestricted fimds. The overall net deficit fotr ihe year was £33.360.
Pag¢ 3 NECO AL 24 tat The trustees are responsible for preparing a twslees, annu8] report and financial slatements in accordance with the applicable law and Ilnited Kingdom Accounting StandaTds {Unit¢d Kingdom Ci¢n¢rally Accepted Accounting PTacti¢e)- The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each period which give a true and fair view of the stale of affairs of the charity and of the illCOTning resources and the application of resources, of the charity for that tod. In preparing the financial statements, the truslees are required to: Select Suitable accouniing policies and then apply them consistently- Observ¢ th¢ methods and principles in the applicable Charities SORP. Make judgements and estimates ihat are reasonable and prndent; State whether applicable accounting standards have been followed, subject to orAy material departures thal must bc disclosed and explained in the finan¢ia] statements,. Prepare the financial statemenis on the going ¢oneern basis unless it is inappropriate to presume that the charity will continue in business. Another year has gone by and we report again to our AGM with grateful ltws. on many levels. Vine Cotnrnunity Trust celebrated 40 years of Support and care for our clients in 2023. with many old friends. previous staff and volLEnteers and those who are working with us now. 11 wtts amazing to hear som¢ of th¢ stories they had to tell. In the early years the majority of p¢ople running Marlow House were volunteers. including the manager. We still d¢pend greatly on our volunteers to support our ex¢ellent staff who look after our ¢lients now. Training plays a hugely important part in all that we do and this es¢a]at¢s our costs. However. we still run on a relatively small numlxr of paid staff because we have 5u¢h amazing volunteers, who continue to support the work that we do. OUT fundraising is back on track buL with the circumstances that the wunty finds ils¢lf in, we have to work harder and smarter to gaiD ihose very necessary funds. This is, and will conlinue lo be, a battle to ensure ihal we supply what our clients nccd.. relief from loneliness, some kindness and friendship 8nd a homely experienLe for those who corne to Us in house. Meals on Wh¢¢ls ¢ontinues to expand along with other services ihal we provide. We are still feeling the effects of the changes in the Local Authority that occurred some five years ago. Grants from Kettering Borough Coun¢il and the county were generous, (£50.000). Unfortunately the ¢hanges have r¢sulted in smalle grants, for a s¢rvice thal is not replicated anywhere else in the coiinty. As ever we have had changes in staffing, these resulting in a stTonger, highly c¢)mmitted ieam, led by our ¢apable manager, Diane White. However. this year we are losing two highly valued Trustees. Our past chairn)atL Alan Francis 1$ moving away. necessitating his Tesignation. Alan led us duri the challenging year5 of Covid rneaning that we emerged safely on the other side. In addition our Treasur¢r, Richard Co¢, is stepping down. Richard h&4 b¢en our much respected guide over the past seven years and his in-depth reports have given us better insight into the perfortnance of Marlow House. Both Alan and Richard will be greatly missed poffi¢ularly by us Trustees, who have wot*ed closely wilh them. Our Trustee numbers have expanded this yeaT and we welcorne Philip Slaves and Julia Faulkner to the team, as well as having three more prospective trustees due to join us shortly. To all of the Tn]stees l offer my tIw$ for th¢ir help and support during the past year and luok forward to continuing to work with them going forward. Each has a strength that complements the rest and iogether. a5 a team, we will use those 5tr¢ngths for the betternient of Marlow House. Thank you. P Goodm8n Chair
Page 4 I report on the coUnts of the charity for the Ye ended 3 1st Mah 2024 which yr¢ sei oul on pages 5 10 11. RESPECTIVE RESPONSJBILITIES OF TRUSTEES AND EXAMINER The charity's trtee$ are responskble for the prep8ration of the accounts. The charity's trustees consider that 8 audit is not tTquired for ¢hi5 year und¢T gection 144{2) of the Charities Act 2011 ("the 2011 Act") and that an independent ¢xamiDation is needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Act. follow the procedures laid down in the general Direthions given by the Charity Commission under section 145(5Xb) of the 2011 Act: and state whether particular matters have ¢ome to my attention. BASIS OF INDEPENDENT EXAMINERIS REPORT My examination w&$ carried out in accordance with the general Dir¢dion$ given by the Charity Commission. An examinalion includes a revi¢w of the accounting records kept by the charity and a ComplSOn of the accounts presented with those records. It also includes consideration of any unusual ttems or disclosures in the a¢tounts, and seeking explanations from you Ès trustees concerning any such matters. The PTocedur¢s undertaken do nol provide all the evidence thal would be requiTed in an audil and consequendy no opinion is given as to whether the a¢¢ounts presenl a.true and fair view" and the report is limited to those malters Set out in the slat¢m¢nt below- INDEPENDENT EXAMINER'S STATEMENT I havc completed my examination. l confim) that no marerial t)ianers have come to my atientioll in cot)nection with the examination giving me cause to lieve that in any material respect: aocounting records were not kept in respect of the ¢harity as requir¢d by wtion 130 of th¢ A¢1: the accounts do not J¢cord with those records,. or the accounts do not comply with the applicable requiT¢ments concerning the forni and contenl of accounts sei out in the Charities (Accounts and Reports) Regulations 20Q8 oiher than any requirement that ihe acciwnts give a'true and faiT view, whi¢h is not a matter considered as part of an independent examination. I have no concem5 #nd h&ve come across no other matters in conneclion with ihe exafftination lo which attention should be drawn in this report in order lo ¢rkabl¢ a prop¢r understanding of the accounts to be reached. P Tyler Chartered Acoountsnt Az¢ts Thorpe House 93 Headlands KEElUNG N15 6BL
Page 5 STATEMENT OF FINANCIAL ACTivrriES- YEAR ENDED 31ST MARCH 2024 Unrestritted Funds Restrlrted Endo)ellt Funds General Designated Funds Funds 2024 Total Funds 2023 Note INCOMING RESOURCES Incoming resouT¢es from generated funds.. Volunlary Income Activilie5 for generaling funds Investment income Incoming r¢souKes from Charitable activities 3S,662 35.662 31.946 21,573 14,536 21.573 14.536 24.414 13,076 184,135 184.135 199,302 TOTAL INCOMING RESOURCES 255,906 255.906 268,738 RESOURCES EXPENDED Costs of generating funds Charitable activities 289,266 289,266 257.422 TOTAL RESOURCES EXPENDED 289266 289,266 257,422 NET INCOMINCI(Otrrc.OlNC) RESOURCES BEFORE TRANSFERS (33J60) (33.360) 11.316 Tramsfer between funds TOTAL INCOMINGI(OiryGOING) RESOURCF.S {33J60) (33,360) 11.316 Balances brought fOtTrvd from last year 147.117 29,500 2.456 302.503 481,576 470.260 BALANCES CARIUED FORWARD 113,757 29,5110 2,456 302,503 448,216 481,576 Notes on pages 7 10 I I forni part of these accounts
Page 6 BALANCE SHEET AS AT 31ST MARCH 202 NOTES 2024 Total 2023 Totsl Uttrestrieted Restricted FIXED ASSETS Tangibl¢ fix¢d assd5 268,958 268.958 268,958 ctJRRENT ASSETS D¢btors Cash at bank and in hand 24.620 194.294 24.620 196.750 23.327 228,589 2.456 TOTAL CURREiYf ASSETS 218,914 2.456 221.370 251,916 Liabilities.. amounts falling due within one y¢ar (42,112) (42,112) (39298) NET CURRENT ASSETS 176.802 2,456 179,258 212,618 TOTAL ASSETS LESS CURRENT LIABILITIES 445,760 2,456 448,216 481,576 Amounts falling due aftw one year NET ASSETS 44&760 2,456 448216 481,576 024 2023 Endowment Funds 10 302,503 2.456 302,503 2,456 Restricl¢d 10 unstrICted GeneTai Funds D¢signated Funds 10 io 113,757 29,500 147,117 29,51K) 143,257 176.617 448,216 481,576 The accounts wer¢ approved by th¢ trslees on ............2024 d signed on its behalf by". P GOODMAN- CHAIR Notes on pages 7 to I I forni part of these accounts
Page 7 NOTES TO THE A 24 STATEMENT OF TRUSTEES RESPONSIBILITIES Th¢ Tste¢S are required by the relevant law to prepare financial stements for each financial year which give a true and faiT vicw of the state of affairs of the Tnt and of ihe surplus or deficit of the Trust for that period. In prLparing those fiT)an¢ial statements the TrLLStees are required to.. s¢l¢ct suitable accounting policies and apply them consistently make reasonable and pnent judgements and estimate5 prepare the financial statements on the going concern b&8is unless it is inappropriate to &qsume that the TTUSt wll continue irb business. Th¢ Trust¢¢5 ar¢ a150 responsible lor. keeping proFtr accounting records safeguarding the Tntsi's &8sets iaking re&sonable steps for the prevention a1 deteclion of fraud and other ]egUlaritieS. ACCOUIYTING POLICIES The financial ststernents hav¢ been prepared under the historical cost convention with items recognised at cost or traTJsaciion value. The financial stalements have been prepared in ac¢ordan¢e with ihe Statement of Recommended Practice.. AountIng and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (¢ffKtive l January 2015), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and th¢ Charities Act 2016. The di%losur¢ r¢quir¢rnents of section l A of FRS 102 have been applied other than where addilional dsselosure is required to show a true and fair view. Vine Community Tn]st meets the definition of a publi¢ b¢n¢fil erytity der bRS 102. INCOMING RESOURCES Relognition of incomig resouree8 These are included in the Staiemeni of Financial Activities (SOFA) when: the charity becomes emitled io the resources. the trustees e virtually certain they will receive the resources. and the monetary Yalue can be measured with Sufficient reliability. Where incoming resou¢$ have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in ihe SOFA. Grants and donations are only included in the SOFA when ihe Charity has unconditional entitlement to the resources. ID¢omlng resour¢eJ with relateil eiptnditure. Grants And donAtioDJ Tai T1#11 on don4tioll8 nd gifts. CoDtr#etual income 2nd perftsrnattee related grantg Gifts in kind Incoming resources from tax reclaims are included in the SOFA when received. This is only included in the SOFA onc¢ th¢ related goods or services have been delivered. Gifts in kind att accounted for at a reasonable estirnate of their value to the charity or ihe amount athually realised. Gifts in kind for sale or dislribution aTe included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are irtcluded in ihe SOFA as incoming resources when receivable. DoDated 8¢rvi¢es 4nd fa¢ilitie8 These are onlv included in incoming resources (with an equiVent amount in resources expended) where the benefit io the charity is re&onably quantifiable, me&8urable and material. Th¢ value placed on these resources is ihe esiimated valu¢ to The charity of the service or facilily received.
Pag¢ 8 NOTES TO THE ACCOUNfs- 31ST MARCH 2024 ACCOUNTING POLICIES (CONTINUED) Volunteer belp The value of any voluntary help received is not included in the a¢ctsunis but is de%ribed in ih¢ trustees, annual report- This is included in th¢ a¢counts when receivable. IDvestment income lttvestment gains and losses This includes any gain or loss on the saje of inveslmenis and any gain or 105S r¢sulting from revaluing investments to market value at the end of the yeaJ. EXPETr4DITURE AND LIABILTTIKS Liability recognition Liabiliti¢s are recognised as 500n a5 ihere 15 a legal or ci)n5tructive obligalion committing the charity Io p8y Out resources. Include cosls of ihe preparation and examination of statlltory aecounts, the ¢osts of trustee meetings and cost of any legal advice to trustees on govemance or constitutional matter5. Gov¢rngD¢e ¢osts GraDt$ witb p¢rfom8llee conditlODS Where the charity gives a grant with conditions for its payment being a specific level of 5¢rvice or outyut to be provide& such grants are only recognised in the SOFA on¢e the recipient of the grant h&8 Provided the specified service or output. Thege are only recognised in the account5 when a commitment has been made and there are no conditions lo be mei relating to the granl which remain in the control of the charity. Support C051S include central nCtionS and have been allocated to activity ciyst categories on a basis consi¢1 with the use of resources, e.g. allocating property costs by floor areas, or per capiia, staff costs by ihe tirne spent and other costs by their usage. There are no employees who received totsl emolwnents of more than £60,000. Grants p*yable witboDt performante eonditiDDs Support Costs ASSETS Fixed Aisets- L%nd and BuildiDgs Freehold property is slat¢d at open market V01ue. This has been estimated by the Trustees in consultation with iheir professional advisers. The last revaluation was ctsn)pleted in 2001. The Trustees coiisider the open market value at the year end to be in line with the previous valuatiofy particularly bearing in mind the restrictive ¢ovenant5 ass(Kiated with th¢ property. N(Tr depreciation is ¢har8ed on the Freehold property. Motor vehicles are depreciated at 330/0 annum on a straight li basis. Improvements to property are depreciated at I/0 w aJLnum on a slraight line basis. All other fixed assets including fixtures and equipment are witten off in th¢ year of acquisilion. The Tnstee$ ar¢ of the opinion that it continues to be realistic to corry stock al lis realisable value which they consider lo be nil. Stoek RESERVES Rtserves In thc light of the Trust's high dependence on the continuation of grants from local authorities the Trust maintains a level of reserves to protect its fuiure viability should these ever be withdrawn or reduced. These in¢lud¢ ami)unl of £29,500 which w, h&$ always been and which they still consider to be ih¢ funding oapital of the Thjst.
Page 9 UDrestrtcted FuDd5 General Desi Endow- nieDt Funds Total Funds 2024 Totsl Funds 21J23 Restrided nated Funds VoluDt¥ry Income Donations - General 35.662 35,662 31,946 35,662 35,662 31,946 Adivltlts for g¢neradDg fvnds Bingo and raffles 300 Club Interna] fund raising 5.758 634 15,181 5,758 634 15,181 6,404 1,591 16,419 21,573 21,573 24.414 IDV¢$tmw)t kneome Interest received Hire of premises 3.121 11,415 3,121 11.415 2,196 10.880 14.530 14,536 13,076 In¢oming rejourees frnm charitsble aetiviti¢s Grants from local authorities Day care and catering income Community support income 20,250 152,993 10.892 20,250 152.993 10.892 26.426 166,021 6.855 184,13S 184,135 199,302 Charltable actiyities Calering costs Transport Management & Administration Other expenses Building repairs L¢55: Sp¢¢ific funding received Depreciation of Fixed Assets Support Costs 122.992 58,799 55,292 35,572 14,630 122.992 58,799 55292 35.572 14,630 107.859 45,884 56,280 33,178 39.221 (26,954} 1,981 1.981 1,954 289.266 289,266 257.422
Page 10 UnT¢Stricted Funds CeDerAI D¢51 Endow- ment Funds Total Fundy 2024 Totsl Funds 2023 Restricted & Staff Costs Gross wages, salaries and benefits in kind Employers national insurance Employers pension 171,434 4,848 2,491 171,434 4,848 2.491 146,197 2.592 2,189 178.773 178,773 150,978 Average number of employees in the year: This Year L#st Year Fundraising Charilable activities Other 12 12 Tallgible Fixed A55e1i Improvements FTe¢hold PrDperty Equipm¢nt Property & Fixtures Motor Vehicles Total At costlvaluation at 1st April 2023 Addilions Disposal Al cosvvaluation 3 1st March 2024 268,958 110,410 41,279 70.755 491.402 268,958 110,410 41,279 70,755 491.402 Accumulated Depreciation At 1st April 2023 Depreciation Eliminated on disposal At 31st March 2024 110.410 41.279 70.755 222.444 110.410 41,279 70.755 222.444 Book Value at 31st March 2024 268.958 268,958 Net Book Value at 315t March 2023 268,958 268,958 2024 2023 & Debtor$ Prepa>rynents and accrued inlere5t Other Debtors 7.404 17,216 7,501 15,826 24,620 23,327 Cr¢ditor8 Accruals and defeTred inoom¢ Trade ¢r¢ditOTS 33.822 8,290 32,222 7.076 42,112 39,298
Pagell VINE COMMUNITY TRUST NOTES TO THE ACCOUNTS- 31ST MARCH 2024 2024 2023 10. Funds Endomrynent Funds Balanc¢ broug forward Legacy from H Marlow deceased 250.000 52.503 250,000 52.503 302.503 302,503 The Trust bought the property known a5 Marlow House for £41,450 from the Ketlering Borough Council. The Trustees revalued ihe property at £250,000 in 2001. There is a restrictive covenan¢ on ihi5 building restricting the use of the proceeds of any sa]e into a similar charity with similar objectives to Vine Community Trust. 2024 21123 Restricted fund5: Vehi¢l¢ replacement Balance blfwd Less.. Depreciation 2,456 2.456 2,456 2,456 Tothl restricted funds 2.456 2.456 Designated Funds: Capital 29.500 29.500 General Funds: Balan¢e broug forward Surplusl(Deficit) for th¢ y¢ar 147,117 (33,360) 135,801 11,316 113,757 147,117 Total unrestricted funds 143,257 176,617 11. Trustees Remuner4tion and eipenses Th¢ Trnstees did not receive any remuneration or other payments from the Tr$1. 12. IndepeDdeDt Examlner's Feej Independent exAminer's fees for reporting on the accounls £1,194 £1,134 13. Contingent LIAblllty During the y¢ar th¢ Charity received certain donations with conditions taChed. The Trus*¢5 b¢liev¢ they have complied with all such coi)dilion4 however, if this is not ihe case certain amounts may b¢ repayabl¢. The ccounts do not include any provisions for any such repayments.