Vineyard Compassion
Latest income
£1.1m
Latest spending
—
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity returned a net incoming resource of £52,972 for the year ended 31 December 2024, reversing a previous net outgoing position. Per the trustees' report, total unrestricted reserves were £62,666, which is explicitly stated to be below the trustees' adequate range of £113,000 to £227,000. The trustees note that unrestricted reserves are held to cover operations for 3-6 months given a 25% reduction in income, and they plan to build reserves towards a 6-month run rate.
What the accounts disclose
Reserves position: below the charity's own stated policy
“Total unrestricted reserves (comprising of cash and debtors, less short-term liabilities) were £62,666 (2023 as restated £30,299). Based on the 2025 budget, the range of reserves considered by the trustees to be adequate is between £113K - £227K. Unrestricted reserves are currently below this range.” — page 9
Per FY2024 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2024 accounts as filed with CCNI.
Independent examiner: IDS Chartered Accountants LLP
Per FY2024 accounts as filed with CCNI.