NEW WINE TRUST
Encouraging and equipping leaders, Hosting Summer conferences, Delivering Church based training, Publishing Resources
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £336,321 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves to £256,281. The trustees confirm that cash reserves and investments total £1,524,342, providing confidence in the charity's ability to continue as a going concern. The financial review notes that while the Summer Festival ran at a loss, generous giving helped cover all costs.
What the accounts disclose
“They have formally adopted a policy to retain funds at a level that is sufficient to ensure that the charity's financial commitments in promoting forthcoming conferences and events are fully covered at all times, together with a minimum of 3 months’ general office running costs.”
“During the year, a number of the Trustees purchased access to New Wine Online from the subsidiary company at the standard prices for this service.” — page 41
“Aggregate donations received from the trustees or related parties without conditions was £5,700 (2023: £3,685)” — page 41
“During the year, a number of the Trustees purchased access to New Wine Online from the subsidiary company at the standard prices for this service.” — page 41
“Aggregate donations received from the trustees or related parties without conditions was £5,700 (2023: £3,685)” — page 41
“During the year, a number of the Trustees purchased access to New Wine Online from the subsidiary company at the standard prices for this service.” — page 41
“Aggregate donations received from the trustees or related parties without conditions was £5,700 (2023: £3,685)” — page 41
“The group results combine the results of the charitable company with the results of New Wine Resources Limited, a wholly owned subsidiary, which runs the trading activities of the trust.” — page 9
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev Paul Langhamchair
- Andrew Chamberlain
- Cheryl Jenkinson
- Mark Adderley
- Mark Binney
- Sarah Louise McHardie
- William Christopher Ottewell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.0m | £4.4m |
| 31/12/2023 | £3.6m | £3.6m |
| 31/12/2022 | £4.5m | £4.2m |
| 31/12/2021 | £1.1m | £1.7m |
| 31/12/2020 | £2.0m | £2.1m |
Common questions
Is NEW WINE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £336,321 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves to £256,281. The trustees confirm that cash reserves and investments total £1,524,342, providing confidence in the charity's ability to continue as a going concern. The financial review notes that while the Summer Festival ran at a loss, generous giving helped cover all costs. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Who funds NEW WINE TRUST?
Funders whose own accounts filings name NEW WINE TRUST as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS WOODSIDE PARK, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, RUDGWICK, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON, THE GRANT FOUNDATION, NEW LIFE CHURCH BRISTOL.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Academie du Vin Foundation | 2 | £77k |
| THE VINTNERS' FOUNDATION | 1 | £135k |
| THE DISTILLERS' CHARITY | 1 | £87k |
| THE INNHOLDERS' CHARITABLE FOUNDATION | 1 | £48k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF KNAPHILL WITH BROOKWOOD | 1 | £5k |
| THE GUNTER CHARITABLE TRUST | 1 | £4k |
| CLARK FOUNDATION | 1 | £3k |
| THE OAKDALE TRUST | 1 | £2k |
Charities like this
- NEW WINE INTERNATIONAL
- TRUE VINE CHURCH TRUST
- WINE AND SPIRIT EDUCATION TRUST
- ENCOUNTER TRUST WINCHCOMBE
- THE DRINKS TRUST
- CARDIFF VINEYARD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW WINE TRUST | £4.0m | — | — | unclear | — | no doubt |
| NEW WINE INTERNATIONAL | £1.6m | — | — | unclear | — | no doubt |
| TRUE VINE CHURCH TRUST | £147k | — | 0 | unclear | — | no doubt |
| WINE AND SPIRIT EDUCATION TRUST | £22.7m | — | — | below | — | no doubt |
| ENCOUNTER TRUST WINCHCOMBE | £292k | — | 0 | unclear | — | no doubt |
| THE DRINKS TRUST | £1.0m | — | — | above | — | no doubt |