Company Registration Number 02286386 Charity Registration Number 299993 Harvest Vision Limited Trustees, Report and Unaudited Accounts For the Year Ended 31 March 2025
Harvest Vision Limited Forthe Year Ended 31 March 2025 CONTENTS Pages Charity Information Trustees, Report Independent Examiners Report Statement of Financial Activities Balance Sheet Cash Flow Statement Notes to the Accounts 3-8 io li 12 13-18
Harvest Vision LlmFted Charlty Information For the Year Ended 31 March 2025 Trustees who served during Financial Year 2024125 and to the date of thi5 report Andrew Boyd Stupple rimothyjames Vince Kim Pearson Registered Offi Moggerhanger Bedford Bedfordshire MK44 3RW Chalr Andrew Boyd Stupple
Harvest Wision Limited Trustees Report and Accounts For the Year Ended 31 March 2025 Trustees. Report The Trustees present their report and accounts forthe year ended 31 March 2025 The financlal statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of AsSOCi3tion, and Accounting and Reporting of Charities: Statements of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 20191. Introdurtlon The Charity acts as a guardian of Moggerh3nger Park, promoting it as a Family, a Home and a Garden, aligned to its purpose "to advance the Christian Religion" During 2024/25, Harvest Wislon provided stewardship and governance over the activities and assets at Moggerhanger Park. In 2024125 the Charlty had no complaints (2023124: nil). Financlal Revlew 2024125 Income Income for 2024125 amounted to £33,580 (2023124: £286) an increase of £33,294 on last year. This increase was due to an unrestricted le8avi for £10,000 and a number of supporter donations. Expenditure Charitable expenditure for 2024125 amounted to £33,61212023124: £960) an increase of £32,652 from the prior reported period. The increase was primarily due to outgoing donations made to Moggerhanger Park Preservation Trust of £32,474. Reserves Total reserves as at 31 March 2025 were £16.71612023124: £16,748), a decrease of £32. All reserves held by the charity were unrestricted reserves: a5 at 31 March 2025 these totalled £16,716 and as at 31 March 2024 were £16,748.
Harvest Vlsion Limited Trustees Report and Accounts For the Year Ended 31 March 2025 Further detalls of the Harvest Wision Limited reserves policy can be found on page 7. Public Benefit Statement The Trustees confirm thatthey have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on Public Benefit, Charities and Public Benefit. Harvest Vision Limited's charitsble purpose, contained within its objects, is to advance the Christian religion as expressed in the Doctrinal statementof the Evangelical Alliance through-out the world. The Trustees ensure that this purpose is carried out for the public benefit by delivering services that fit within the core funding received for this purpose. Strurture, Governance and Management The Charity is a company limited by guarantee, governed by a Memorandum and Articles of Association. The Cornpanvs objects and Articles of Association as submitted to the Charlty Commission and Companies House follow that: The Harvest Vision Limited Board is the ultimate decision-making body to manage the organisation on a day-to-day basis. The Charity is allowed up to 16 Board members and shall never be less than two. The Board members can serve a maximum period of three years with V3 of the Board members retiring each year. A retirin8 Board member is eligible for re-elertion. Subjectto Article 23, the company mayfrom time to time in General Meeting by ordinary resolution increase or reduce the number of members of the board and determine in what rotation such increased or reduced shall go out of the office and may makethe appointments necessaryfor effecting such an increase. The directors shall have power at any time, and from time to time, to appoint any person to be a director, either to fill a casual vacancy or as an addition to
Harvest Vislon Llmlted Trustees Report and Accounts For the Year Ended 31 March 2025 the existing directors ensuringthatthetotal number does not exceed 16. Any director so appointed shall hold office only until the next following annual general meetin& and shall then be eligible for re*lection, but shall not consider in determining the directors who are to retire by rotation at such meeting. Plans for the future Harvest Vision continues to advance the Christian Religion in line with its objects. Throughout the past year experience has been gained in hosting gatherlngs of leaders and events that is enabling future plans to continue to do so. Plans to enable the Moggerhanger Estate to be further enjoyed by the general public are underway thereby increa5in8 the present public benefit. Statement of Trustees, Responsibilitles The Trustees {who are also Oirectors of Hap4est Vision Limited for the purposes of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Unlted 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 Charitable Company and of the incoming resources and application of resources, including the income and expenditure, of the charity for that year. In preparing these financial statements, the Trustees are required to: Select Suitable accounting policies and then apply them consistently. Observe the methods and principles in the Charities SORP 2019 IFRS 1021. Make judgements and estimates that are reasonable and prudent. State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and Prepare the financial statements on the goin8 concem basis unless it is inappropriate to presume thatthe Charitable Company will continue in operation,
Harvest Wision Limited Trustees Report and Accounts For the Year Ended 31 March 2025 The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Directors are responsible for the maintenance and integrity of the corporate and financial information Included on the Charitable CoMpanS website. Legislation in the United Kingdom governing the preparation and di5sernination of the financial statements may differ from legislation in otherjurisdictions. Appolntment of Trustees Advertisements for Trustee positions are posted on relevant websites as well as being made known throughout the network of existing trustees. A selection process is managed by the Chairman of Trustees and final decisions are made by the Board or Members as appropriate. Trustee Inductlon and tralnin8 Once new Trustees have been appointed, they 80 through an Internal induction process where they are invited to meet keyemployees and otherTrustees. Duringtheir induction, new Trustees are briefed on their legal obligations under charity and company law. Pay Pollcy The Board of Directors are the Charitvs Trustees. The senior management team comprises key management personnel of the Charity who are in charge of directing, runningand operatin8theTruston a day-to-day basis. All Trustees give theirtime freely and no Trustee received remuneration in the year. Details of Directors, expenses and related party transactions are disclosed in Note 7 to the accounts. Organisation The governing body of the Charity is the Board of Trustees, who met quarterly during thefinancial year 2024/25. There are currently 3 Trustees includingthe Chair12023124- 31.
Harvest Wision Limited Trustees Report and Accounts For the Year Ended 31 March 2025 Risk and Internal Control The Trustees have overall responsibility for ensuring that the Charty has an appropriate system of controls, financial and OtherlSe. Trustees are also responsible for safeguarding the assets of the Charity and taking reasonable steps for the prevention and detection of fraud and other irregularities providing reassurance that: The Charity complies with relevant laws and regulations. Its assets are safeguarded against unauthorised use or disposition. Proper records are maintained, and financial infonnation used within the Charity or for publication is reliable. As part of the Chariws risk management process the Trustees acknowledge their responsibility for the Charitvs system of internal control and for reviewing its effectiveness while recognising that such a system is designed to manage rather than eliminate the risk of failure to achieve the CharitVs objectives and that there 15 reasonable (not absolutel reassurance against material loss. The Trustees, through a process of financial procedures, have set policies, which outllne the responsibility of management to implement the Trustees, policies. The principal risks facing the charity are those of Moggerhanger House Preservation Trust IMHPT), for which it is a sole member. MHPT'S has assessed its going concern risk and is confident of its ongoing viability. A Harvest Vision Trustee is the Chairman of trustees of MHPT to provide good governance over the Charity. Reserves Pollcy The Trustees have examined the charity's requirements in light of the main risks facing it in the next 12-18 months. It has established a policy whereby the unrestrlcted funds not committed or invested in fixed assets should be at a level equivalent to three months of operating costs. This equates to approximately £1,500k. As at 31 March 2025, the unrestricted reserves not invested in fixed assets {"free reserve5"} were £16,716 (2023124: £16,748).
Harvest Vision Limited Trustees Report and Accounts For the Year Ended 31 March 2025 Related Partles Harvest Vision Ltd is the sole member of Mo88erhanger House Preservation Trust, a registered Charity and Company. HaNest Vision Ltd is also a sole mernber of Centre for Contemporary Ministry Limited, a registered Charity and Company. Thls report has been prepared in accordance with the special provisions relatlng to small companies within part 15 of the Companies Act 2006. Signed on behalf of the Board of Trustees and directors: Kim Pearson Treasurer Date: 15 September 2025
Independent examiner's report to the trustees of Harvest wlon Limited ('the Company,) For the Year Ended 31 March 2025 I report to the charlty trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responslbllltles and basls of report As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirement5 of the Companies Act 2006 ('the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report In respect of my examination of your charitys accounts as carried out under section 145 of the Charlties Act 20111.the 2011 Acv). In carrying out my examination, I have followed the Directlons 8iven by the Charity Commission {under section 145{51Ib) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention In connection with the examlnation giving me cause to believe: accountlng records were not kept in respect of the Company as required by section 386 of the 2006 Act: or the accounts do not accord with those records: or the accountsdo not complywiththe accounting requirements of section 396of the 2006 Act other than any requlrement that the accounts glve a true and falr vlew which Is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance wlth the methods and prlnciples of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)). I draw users, attention to the going concern information included In the Risk and Internal Control section within the Trustees, Report in order to enable a proper understandln8 of the accounts to be reached. I have no other concems and have come acr055 no other matters in connection with the examination to which attention Should be drawn in this report in order to-enable a proper understanding of the accounts to be reached. ward F DoA'ing Membership Number 9153913 (ICAEW) Date: 15 September 2025
Harvest Vlsion Llmlted Statement of Financial Activities Including Income and expenditure Account For the Year Ended 31 March 2025 Unrestrlcted Restrirted Funds Funds Total 2025 Total 2024 Notes Income Donation5 and legacies Other trading activity Other income 29.639 2.736 1.204 29,639 2.736 1,204 286 Total incomlng resources 33.580 33,580 286 Ex endlture Expenditure on charitable activities Costs of raising funds 32,518 32.518 1.094 960 Totsl expendlture 33.612 33.612 960 Net movement In funds 1321 {32) 1674) Reconciliation of Funds Fund Balance at l April 2024 16,748 16.748 17,422 Total funds carried forward 16.716 16,716 16,748 All of the activities of the Charitable Company are classified as continuing. The notes on pages 13-18 form part of these financial statements. io
Harvest Vision Limited Balance Sheet For the Year Ended 31 March 2025 Company Number: 02286386 As at 31 Marth 2025 2025 2024 Notes Current Assets Debtors Cash at bank and in hand 12.216 18.616 17,648 17,648 Creditors: amount5 falling due within one year 10 I1,9) (9001 Net current assets 16.716 16,748 Total assets less curnt Ilablltties 16,716 16,748 The funds of the Charlty Unrestricted funds 11 16.716 16,748 16,716 16,748 Forthe financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These financial statements have been prepared in accordance with the provisions applicable to small companies within Part 15 of the Companies Act 2006. The notes on pages 13-18 form part of these financial statements. Approved by the Board of Trustees 15 September 2025 and signed on its behalf by: Kim Pearson Treasurer li
Harvest Vlslon Llmfted Statement of Cash Flows For the Year Ended 31 March 2025 As at 31 March 2025 2025 2024 Note Income for the reportlng perlods (as per the statement of financlal actlvltles) Adjustments for: (Increasel/Decrease in debtors Increase/{Decreasel in creditors (32) {6741 {6,400) 1633) Net cash flow from operatlng artivlties 15,432) (1,3071 Cash flows from Investing actlvitles: Investment income Purchase of fixed assets Net cash flow from Investlng activltles Net Increase/(decrease) In cash (5,432) 11,307) Cash and cash equlvalents at l April 2024 17.648 18,955 Cash and cash equivalents at 31 March 2025 12,216 17,648 Cash and cash equlvalents conslsts of: Cash at bank and in hand 12.216 12,216 17,648 17,648 12
Harvest Vision Limited Notes forming part of the Financlal statements for the year ended 31 March 2025 Accounting Pollcies The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: lal Basis of Preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparin8 their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland {FRS 102) {effective January 20151 (Charlties SORP January 20191 and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevant accounting policy note{sl. They are prepared in sterling which is the functional currency of the Charitable Company and rounded to the nearest £1. Ibl Preparation of the accounts on a £oln8 concem basls The Trustees have considered the flnancial 5UStainability of the charity for both existing and future funding streams. The Trustees are confident that the cost management measures in place have secured the immediate future of the Charity. This assessment is made forthe next 12 to 18 months and It is on that on this basis the assessment of the trustees Is that the Charity is a going concern. (cl Fund Accounting Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity. Idl Income All incoming resource5 are included in the Statement of financial activities when the Charity is entitled to the income, there is suff icient certainty of receipt and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: 13
Harvest Wision Limited Notes forming part of the Financial Ststements for the year ended 31 March 2025 Donations and legacies income is received by way of donations and gifts and is included in full in the Statement of Financial Activtties when receivable. (e) Expendlture Expenditure is recognised once there is a legal or construttive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. The accounts are prepared on the accruals basis, liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the Charity to expenditure. Expenditure includes any VAT which cannot be fijlly recovered and is reported as part of the expenditure to which it relates. Expenditure on raising funds consists of all those expenses that are incurred by trading for a fundraising purpose in either donated or brought-in-8oods or in providing non-charitable sen4ices to 8enerate income, as well as the costs associated with attracting voluntary income. Expenditure on charltable activities comprise all the resources applied by the Charlty In undertaking its workto meet its charitable objectives as well as the cost of rai5inE the funds to finance these activities and governance costs. Charitable activities are all the resources expended by the Charity in the delivery of goods and sep4ices, including its programme and project work that is directed at the achievement of its charitable aims and objectives. These costs include direct costs of the charitable activitles together with those support costs incurred that enable these activities to be undertaken, as well as governance costs which relate to the 8eneral running of the Charity a5 opposed to the direct management functions inherent in generating funds, service delivery and programme of project work. These activities provide the governance infrastructure which allows the Charity to operate and to generate the information required for public accountability and includethe strategic planning purposes that contribute to future development of the Charity. Governance costs include such iterns as external audit, legal advice for Trustees and costs associated with the constitutional and statutory requirements of the Charity. 14
Harvest Vision Limited Notes forming part of the FSnancial Ststements for the year ended 31 March 2025 All costs are allocated between the expenditure categories of the Statement of Financial Activities (SOFA) on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis. (n Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due. Ig) Cash at bank and In hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three to six months. {h) Creditors Creditors and provisions are fecognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount dueto settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised attheirsettlement amount after allowingfor anytrade dlscounts due. 2 Legal statu5 of the Trust The Charity is a company limited byguarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. 3 Donations and le£acles Income Unrestrfcted 2025 RestrFrted 2025 Total 2025 Total 2024 Sundry Donations Legacy 19.639 lo.0 29.639 19,639 io,(xJ) 29.639 Total 15
HaThest Vision Limited Notes forming part of the Financial Ststements for the year ended 31 March 2025 4 Other trading activities & Other Income Unrestricted 2025 Restricted 2025 Total 2025 Total 2024 Event incorne 2.736 2,736 2,736 2.736 Total 286 All income received in 2024 related to unrestricted funds. Other income Unrestricted 2025 Restricted 2025 Total 2025 Total 2024 Other income Interest receivable Totsl 1,054 150 1.204 1,054 150 1.204 286 286 All income received in 2024 related to unrestricted funds. 5 Total Expenditure The Statement of Financial Actlvities provides an analysis of the resources expended by the charity by the nature of activities undertaken by the charity. Resources expended are split into two main activlty categories: (a} Expenditure on Charitable Activities and (bl Costs of raising funds (a) Expendlture on charltable {b) Expenditure on ralsln8 funds 2025 Total 2024 Total Donation5 Accountancy fees Sundry Bank Char es Total Resources Expended 32,474 900 60 960 32,5 33.612 Expenditure in 2025 and 2024 was all unrestricted. 16
Harvest Vision Limited Notes fomiing part of the Financlal Statements for the year ended 31 March 2025 6 Net (expenditure)Ilncome Net (expenditure)/income is stated after charging/(crediting): 2025 2024 Accountancy fees 900 7 Trustees None of the Trustees or any persons connected with them received any remuneration or expenses during the year {2023124: nill. Employees The average monthly number of employees during the year was nil {2023/24:nil). 8 Taxatlon The Company is a registered Charity, and no provlsion is considered necessary for taxation to the extent that income and gains are applied to its charitable objects. Debtors 2025 2024 Other Debtors Totsl 900 During the year a non-interesting bearing loan was made to Moggerhanger Park Preservation Trust. 10 Creditors: amounts falllng due within one year 2025 2024 Trade Creditors Accruals Total 900 1.91J) 900 900 17
Harvest Wision Limited Notes forming part of the Flnancial Statements for the year ended 31 March 2025 11 Analysls of Fund Movements Balance at I AprS12024 16,748 16,748 Movement In funds Balance at 31 Income Expenditure Maich 2025 33,580 (33,612) 16,716 33,580 (33,61Z) 16,716 UnreStrIrt Funds Totsl Funds Prior year Balance at I April 2023 17,422 17,422 Movement In funds Balance at 31 Income Expenditure March 2024 286 960 16,748 286 960 16.748 Unrestrlcted Funds Totsl Funds 12 Analysls of Net Assets Between Funds Restrkted Unrestrlcted funds funds Total Fund balances at 31 March 2025 are represented by: Current Assets Current Liabilities 18,616 (1,900) 18,616 11,900) Total 16,716 16,716 Fund balances at 31 March 2024 were represented by: Current Assets Current Liabilities 17,648 (9001 16,748 17,648 1900} 16,748 Total 13 Related party transactlons In 2024125 donation payments of £45,235 were made to Moggerhanger House Preservation Trust, as well as a loan from HaNest Vision for £6,400. In 2024125 Kim Pearson provided accountsncy serrfices valued at £400 through Green Caterpillar Consultancy Limited. During 2023124 there were no related party transactions. 18