REGISTERED CHAIUfY NUMBER: 287717 ST REPORT AND ACCOUNTS 31ST MARCH 2025 AZETS Accountants VINE COMMUMTY TRUST REPORT AIYD ACCOUhryS- YEAR ENDED 31ST TrL4RCH 2025 CONTENts Pa8¢s I List of Trustees, Bank¢rs and Independ¢rEt Examiners R¢port of the Trustees The Cbainnan's R¢port ITLdependent Examiner's Report 5- 11 Financial Stat¢ments VINE coM￿Iu)nTy TRUST Page I TRUSTEES ANNUAL REPORT- YEAR EIWED 31ST IkTARCH 2025 LE AL AND ADMIMSTRATIVE DETAILS Trustees The charity trustoes during the year to 3 1st March 2025 were.. Mrs P Goodman MrRCoe Mr V Cosgrove Mr G Crowther Ms J Faulkner Rev John Phillip Staves Mr M Fletcher Ms S McElhinney Ms L Saund¢rs {Chair) (Treasur¢r) Resigned 17 July 2024 AppoTnted 01 F¢bruary 2025 Appointed 01 February 2025 Appointed 18 July 2024 OITIc￿ and Da Celltre Marlow House Gold Street Desborough Northants NN14 2NQ Telephone: Website.. 01536 762329 www.marlowhouse.org Bankers Barclays Bank PIC Market Plac¢ Kettering NN16 OAX Inde elldent Examiner P Tyler Thorpe House 93 Headlands Kettering Northants NN15 6BL VINE COMlVtUNITY TRUST Page 2 REPORT OF THE TRUSTEES- YEAR ENDED 31ST MARCH 2025 The trustees have pleasure in submitting their report for the year ending 3 1st Ma￿h 2025. The charity is constitutsd as a trust and its rules were adopted on 17 August 1983 as amended 18 November 2002. Aims of the Trust In accordance with the ¢aring prin¢iples, and those of equality and diversity. the obj¢¢tives of the Tn￿l shall be.. l. The provision of Day Centre services for the support of a wide range of seryice Use￿ from all sections of the community. 2. Improving the quality of life and reducing social isolation through the provision of recreational fa¢ilities for people having need owing to their age, infirmity and disability. 3. To promote the benefits of education and rehabilitation for those in need of assistance. 4. Support independent living through the delivery of hot, nutritious meals to people who are housebound Ihrough sickness and infirn]ity. 5. To provide a safe transport service betw¢en Marlow House and clients homes by fully trained staff. The trustees confimi that they have referred to the guidan¢¢ contained in the Charity Commisston's general guidance on public benefit when reviewing the Trust's objectives and in planning its future activities. Activities The main activity continues to be the managem¢nt of Marlow House. a c&ring community day centre for the elderly and disabled and lonely, acting as a social 'drop-in' centr¢ which a150 gives day r¢lief to carers. Freshly Cooked meals are provided together with transportation service for those less mobile people or those without transport. In addition, the Trust also provides a meals on wheels service for a number of housebound people and a community support programme to encourage people to remain independettt in their own homes. The trustees consider these activities are in accordance with th¢ principle of public benefit and they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission. The names of thos¢ persons serving as trustees during the year ar¢ listed on page l. Further details The trustees met 7 times during the year and iheir attendance is set out below.. ActuaI Possible (4) (7) (7) (7) (6) Acthal MrRCoe Mr G Crowther Mrs P Goodman Mr M Fletcher Mrs L Saunders Possible Mr V Cosgrove Rev J P Staves Ms J Faulkner Mrs S M¢Elhinney (7) (7) (6) (7) At the AGM Azets were re-appointed the Trust's Independent Examiners and offer themselves for re-election this year. Trustees Rnduction and trainin Trustees, on appointmen¢ are made fvlly aware of the objectives and activities of Marlow House. In addition they are infomjed of their responsibilities and role &s a trustee. olic Reserves The Trustees maintain a level of reserves sufficient to enable the Trust to fund its charitable objective8. In light of the Trust's high dependence on the continuation of grants frorn local authorities, the Trust maintains a level of reserves to protect its futur¢ viability should these ever be withdrawn or reduced. Financial Re For the year ending 31 st March 2025 the Trnst had an operatin8 deficit of £24,819 on unr¢stricted funds. The overall net deficit for the year was £24,819. VINE COMTrfuNfTY TRUST TRUSTEES ANNUAL REPORT- YEAR ENDED 31ST MARCH 2025 Page 3 Statement of Tru$Éees Res n5ibilities The trustees are responsible for preparing a tn]stees' annual report and financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each pcriod which give a true and fair view of the state of affairs of the charity and of the incoming resources and the application of resources, of the charity for that period. In preparing the financial state￿entS. the trustees are required to- Select suitable accounting poli¢ies and then apply them consistently- Obs¢rve the methods and principles in the 8pplicable Charities SORP. Make judgem¢nts and estimates that are reasonable and prudenL State whether applicable accounting standards have been followed, subject to any matsrial departures that must be di￿10Sed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in busine5S. Chairman's Re ort Another twelve months hav¢ gone by, in a flash. or so it seems. With all that goes on within the Marlow House set up, no two day4 weeks or months ar¢ the same. Vine Community Trust's main aim is the business of caring for the many people within our community who find that we have just what they need io live a fruirful and less lonely life. Our in-house clients enjoy the warmth of the greeting and friendship, the excellent hom¢ cooked food and the entertainment that is provided Monday to Friday. Our Meals on Wheels clients also enjoy that same friendly, committed service and the sam¢ fresh food- 365 days of the year. if that is their choice. Profit is NOT our aim but fund raising is a necessity. with costs being exponential. We have ¢xtended our in-house offer to all age groups, under the enthusiastic leadership of our Manager. Mrs Diane White. Alongside day-car¢, meals on wheels, our bathing facility. we have opened our doors to many in the local community for Brunch & Bingo.. Soup, Sandwi¢h & Social, quizzes and so tnuch more. All of this occupies our wonderful staff and our steady and committed volunteers, wiihout either side of that coin we would be lost. A grateful thank you to all those involv¢d. We have changes to our Trustees again in this financial year. Very sadly we lost a hugely knowledgeable and experienced trustee and more importantly, friend, Mrs Julia Faulkner, who died suddenly in November. We are also losing the services and knowledge of Phillip Staves, who has giv¢n some excellent advice and support for the last five years. Other challenges now beckon him and we wish him well. We l(iok fon¥ard to our challenges over the next twelve months and we will report on them next year. Pamela Goodman Chair of Trustees L￿EPENDEIYr EXAMTNER'S REPORT TO TEE TRUSTEES OF VIKE COMfvtUNITY TRUST Page 4 I r¢port on the accounts of the charity for the year ended 3 1st March 2025 which are s¢t out on pages 5 to l l. RESPEcfIYE RESPONSIBILrrIES OF TRUSTEES AND EXAMINER The chartty's trustees are responsible for the preparation of th¢ accounts. Th¢ charity's trustees consid¢r that an audit is not Tequired for this year under scction 144(2) of the Charitie5 Act 2011 Ctrbe 2011 Act.) aTJd that an independent examination is needed. It is my responsibility to: examine the 8¢counts under s¢¢tion 145 of th¢ 2011 Act. follow the procedures laid down in the gen¢ral Directions given by th¢ Charity Commission under section 145(5)(b) of the 201 l Act. and state wheth¢r particular matters have come to my attention. BASIS OF INDEPENDEwf EXAMINER'S REPORT My examination was catri¢d out in accordanoe with the general Directions gtven by the Charity Commission. AJ) examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also inGludes consideration of any unusual ttems or disclosures in the accounts, and seeking explanations from you as trnstses Concerning any such matters. The procedures undertaken do not pr(>vide all the evidence that would b¢ required in an audit and consequently no opinion is given as to whether th¢ accounts present a '%rue and fair view" and the report is limited to those matters set out in the statement below. INDEPEI¥DENT EXAMtNER'S STATEMENT I have completed my examillation. I confimi that no material matters have come to my attention in ¢onneotion with the examination giving me caus¢ to beltev¢ that in any material r¢specL' accounting records w¢re not kept in respect of the charity a5 r¢quired by section 130 of the Act" the acwunts do not accord with those r¢cords' or the accounts do not comply with the applicable requirements concerning the fonn and content of accounts set out in tliG Charities (A¢counis and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fatr view. which is not a matter wnsid¢red as part of an indep¢ndent examination. I have no concerns and have come across no other matters in ¢onne¢tion with the examination to which attention should be drawn in this report ID order to enable a proper understanding of the a¢counts to be r¢ached. P Tyler Chartered Accountant Azets Thorpe House 93 Headlands KErfERtNG NN15 6BL *￿￿. VThE CO TRUST Page 5 STATEIVIENT OF FINANCIAL ACTIVTfiES- YEAR EIYDED 31ST MARCH 2025 Unrestricted Total Funds Restricted Elldowment Funds General Designated Funds Fullds 2025 Totsl Funds 2024 Note tNCOMtNG RESOiIRCES Incoming resources from 8enerdted fLU]ds: Voluntary Income Activities for generating funds Investment income Incoming resources from Charitable activities 29.740 29,740 35.662 45.609 18,266 45.609 18,266 21,573 14,536 185,146 185,146 184.135 TOTAL INCOMtNG RESOIIRCES 278,761 278,761 255.906 RESOURCES EXPEIYDED Costs of generating funds Charitable activities 303.580 303.580 289.266 TOTAL RESOURCES EXPENDED 303,580 303,580 289266 ET INCOMtNG/(OUTGOING) RESOURCES BEFORE TRANSFERS (24019) (24,819) (33.360) Transfer beh¥een funds TOTAL llYCOMDIG/(OUTGOING) R£SOiiRCES (24,819) (24019) (33,360) 302.503 448,216 Balances brought fonvard from last year 113.757 29,500 2.456 481,576 BALANCES CARRIED FORWARD 88,938 29,500 2A56 302,503 423,397 448,216 Notes on pages 7 to I I fonn part of th¢5c accounts vtNE COlWTrtUNITY TRUST Page 6 BAtANCE SHEET AS AT 31ST MARCH 2025 NOTES 2025 Total 2024 Total Unrestrietsd Restricted FIXED ASSETS Tangible fixed assets 276,112 276,1 l2 268.958 CURRENT ASSETS Debtors Cash at bank and in hand 29.240 162.190 29,240 164,646 24,620 196.750 2.456 TOTAL Ci)RREIYT ASSETS Liabilities= amounts falling due within one year 191.430 2.456 193.886 221,370 (46,601) (46,601) (42.112) IYET CURRENT ASSETS 144.829 2.456 147.285 179,258 TOTAL ASSETS LE cirRRENf LIABILITIES 420.941 2.456 423.397 448,216 Amounts falling due after one year NET ASSETS 420,941 2,456 423J97 448216 FUNDS 025 2024 Endowment Funds io 302.503 2,456 302,503 Restrioted io 2.456 Unrestricted General Funds DesigrEated Funds io io 88.938 29,500 113,757 29,500 118.438 143,257 423,397 448.216 The accounts were approved by the trustee5 on ............. and s gned on its behalf by: P GOODMAN. CHAIR VINE COmI￿u￿￿Ty TRUST Page 7 NOTES TO THE ACCOUNTS- 31ST MARCH 2025 STATEMENT OF TRUSTEES RESPONStBLLITIES The Trustees are required by th¢ relevant law to prepare financial statements for each fmancial year which give true and Fair view of the stats of affairs of the Trust and of the surplus or d¢fi¢it of the Trust for that p¢riod. In preparing those financial statements th¢ Trustses are required to.. select suitable a¢counting policies and apply th¢m consistently make reasonable and prudent judgetnents and estimates prepare the fjnancial statements on th¢ going concern basis unless it is inappmpriate to assume that th¢ Trust will oontinu¢ in business. The Trustees are also r¢sponsible for: k¢¢ping proper accounting records safeguarding the Trust's assets taking reasonabl¢ sleps for the prevention and detection of fraud and oth¢r I￿¢gUlarItieS. AccoifNTING POLICIES The financial statements have be¢n prepared under the historical cost convention with it¢ms reCO￿lsed at cost or trarjsaction value. The fInancial statements have been prepared in accordance with the Stat¢ment of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with th¢ Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015). Financial Reporting Standard 102 'The Financial Reporting Standard appIl￿ble in the UK and Republic of Ireland. and the Charities Act 2016. The disclosur¢ requirements of section IA of FRS 102 have been applied other than wher¢ additional disclosure is requir¢d to show a true and fair view. Vine Community Tti]st meets the definition of a public benefit ¢ntity under FRS 102. INCONtING RESOURCES Recognition of iD¢oming resources These are included in th¢ Ststement of Financial Activities (SOFA) when: the Charity b¢wm¢s entitled to the r¢sources- the trustees are virtually certain they will receive the resources" and the monetary value ¢an be measured with sufficient reliability. Where incoming resources have relat¢d ¢xpenditur¢ (as with fundrnising or contract income) the incomAng resources 2nd related expenditure report¢d gross in th¢ SOFA. Grants and donations are only included in th¢ SOFA when the charity has unconditional entitlement to the resources. Incoming resources from tax reclaims are included in the SOFA wh¢n receiv¢d. IDeoming resources with related expenditur Grants donations Tax reclaims on donations alld gif Contractual in¢ome and perforjnanee related grants Gifts in kind This is only included in the SOFA once the related goods or servic¢s have been delivered. Gifts ill kind ar¢ accounted for at a re&8onable estimate of their value to th¢ charity or the amount actuatly r¢alised. Gifts in kind for sale or distribution are included in th¢ accounts as gifts only when sold or distributed by the charity. Gilts in kind for use by th¢ Charity are included in the SOFA as Incoming resources when receivable. Douated services and facfillties Th¢se are only included in incoming resourc£s (with an equivalent amount i resources exp¢nded) wheT¢ the benefit to the Charity is r¢asonably quantifiable, measur&ble and material. The value placed on these r¢sources is the estimated value to the Charity of th¢ service or facility received. VThE com￿￿UNITy TRUST Page 8 NOTES TO THE ACCOUTrITS- 31ST MARCH 2025 ACCOUNTING POLICIES (CONTINUED) Volugteer belp The value of any voluntary help received is not included in the accounts but is described in the trustees, annual report. This is included in the accounts when receivabl¢. This includes any gain or loss on the sal¢ of invesknents and any gain or loss resultin8 from revaluing investm¢nts to market value at the end of the year. Investment Income Investment gains and losses EXPENDITiiRE AND LIABILITIES Li8bitity recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on govemance QT constitutional matters. Goverllance eosts Grants Tvith performance conditions Where the cEwity giv¢s a grant Wkth conditions for its paym¢nt being a specific level of service or output to b¢ pmvided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or outyut. These are only recO￿lsed in th¢ ac¢ounts when a commithient has been made and there are no conditions to be met relating to tb¢ grant which remain in the control of the charity. Support ￿5t5 include c¢ntral fvnctions and have be¢n allo¢ated to activity cost categories on a basis consistent with the use of r¢sources, e.g. allocatitLg propety costs by fl(x)r areas, or per capit4 staff costs by the timo spent and other costs by their usage. There are no employees who received totsl emoluments of mor¢ than £60,000. Grauts payable without performance conditions Support Costs ASSETS Fixed Assets- Lgnd and Bulldlngy Fre¢hold property is stated at open market value. This has been estimated by the Trustees in consultation with their professional advisers. The last revaluation was completed in 2001. The Trustees consider the open market value at the yeaT end to be in line with th¢ previous valuation, particularly bearing in mind the restrictive covenants associated with the prop¢rty. No depreciation is charged on the Freehold property. Motor vehicles are depr¢ciat¢d at 330/0 per annum on a 5tr&ight lin¢ b8SiS. Improvements to property ar¢ depreciated at IOO/o per annum on a straight line basis. All other fixed assets including fixtures and equTpment are written off in the year of acquisition. The Trustees are of th¢ opinion that tt continu¢s to be realistic to ¢8rry stock at its r¢alisable value which they consid¢r to be nil. Stock RESERVES Reserve$ In th¢ light of the Trust's high d¢p¢nd¢nc¢ OD th¢ continuation of grants from local authorities th¢ Trust maintains a lev¢1 of reserves to protect its futtwe viability should these ever be withdrawn or redll¢￿. VINE com￿(u￿Ty TRUST Page 9 NOTES T TEE AccouNfs- 31ST MARCH 2025 Unrestrlcted Fulld5 General Desi Endow- ment FuDds Total Funds 2025 Restricted Funds 2024 Volulltsry Income Donations - General 29.740 29,740 35,662 29,740 29,740 35,662 Activities for generating funds Bingo and raffles 300 Club Internal fvnd raising 6,254 1,148 38.207 6,254 1.148 38,207 5,758 634 15,181 45,609 45.609 21,573 Investtnent illcome Interest received Hire of premi8¢5 2.975 15,291 2,975 15,291 3,121 11,415 L8,266 18,266 14,536 IDeoming resources fro charitable activitÈes Grants from local authorities Day care and catering incom¢ Community support incom¢ I,ioo 174,346 9,700 I,ioo 174.346 9.700 20,250 152,993 10.892 185.146 185,146 184,135 Charitable activities Catering costs Transport Management & Administration Other expenses Building r¢pairs Less.. Specific funding received Depreciation of Fixed Assets Support Costs 123,254 65,494 63,733 33,057 11,117 123.254 65.494 63,733 33,057 11.117 122.992 58,799 55,292 35.572 14,630 3,521 3,404 3.521 3,404 1.981 303.580 303.580 289.266 VINE COIIIMUMTY TRUST Page 10 NOTES TO THE ACCOUNTS- 31ST MARCH 2025 Unrestricted Funds General Desi Endow- ment Fund5 Total Funds 2025 Tot81 Funds 2024 Restricted Stsff Costs Gross wages. salaries and benefits in kind Employe￿ national insurdn¢e Employers pension 188.863 6,574 3,064 188.863 6,574 3,064 171.434 4.848 2,491 198.501 198,501 178.773 Average number of ¢mployees in the year. This Year Last Year Fundraising Charitable activities Other 12 12 Tangible Fixed Assets Improvements to Equipment Property & Fixtu Freehold Property Motor Vehicles Total At cost/valuation at 1st April 2024 Additions Disposal 268,958 110.410 41.279 180 70.755 10.495 491,402 10,675 At ¢osVvalu&tion at 3 1st March 2025 268.958 110.410 41,459 81.250 502.077 Accumulated Depreciation At I st April 2024 Depreciation Eliminated on disposal At 3 1st Mareh 2025 110.410 41,279 23 70,755 3,498 222,444 3,521 110,410 41.302 74,253 225,965 Net Book Value at 31st March 2025 268.958 157 6,997 276.112 Net Book Value at 31st Maroh 2024 268.958 268.958 2025 2024 Debtor8 Prepayments and accrued interest Other Debtors 5.797 23,443 7,404 17,216 29.240 24,620 Creditors Accruals and deferred income Trade creditors 34,896 11,705 33,822 8.290 46,601 42,112 cOm￿y TRUST Pagell NOTES TO TBE AccouNfs- 31ST MARCH 2025 2025 2024 10. Fund8 Endowment Funds Balance brought forward Legacy from H Marlow d¢c¢&s¢d 250,000 52.503 250,000 52,503 302.503 302,503 The Trust bought the propety known as Marlow House for £41.450 from the Kettering Borough Council. Th¢ Trustees revalued the propety at £250,000 in 2001. There is a restrictive covenant on this building restiicting the use of the proceeds of any sale into a similar Charity with similar objectives to Vifte Community Tnjst. 2025 2024 Restricted funds.. Vehicle replacement Balance blfivd Less: Depreciation 2,456 2,456 2,456 2,456 Total restricted fvnds Designated Funds: Capital 2,456 2.456 29.500 29.500 G¢n¢ral Funds- Balance brought forward Surplusl(D¢ficit) for the year 113,757 (24,819) 135.801 (33J60) 88,938 113,757 Total unrestricted fvnds 118,438 143,2S7 11. Trustee5 Remuneration and expenses The Trustees did not receive any remunerdtion or other payments from the TrusL 12. Independent Examiner's Fees Independent examiner's fees for reporting on the accounts £1.330 £1,194 13. Contingellt Liability During tlie year the Charity received certain donations with conditions attached. The Trustees believe they have ¢omplied with all such conditions, however. if this is not the case certairL amounts may be repayable. Th¢ accounts do not in¢lud¢ any provisions for any such repayments.