Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Financial Ststements
for the year ended 31 March 2025

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Charity Inforniation
Principal address
l Little Barrack StreeL Arniagh. B T60 1 AD
Trustees
Mr Danyl Robert Bain
Mr Robert Joseph Bain
Mr Steven Hawthorne
Mr lan Liggett
Accountants/
Independent Examiners
JSR Chartered Accountants
44 Blackisland Road
Annaghinore
Portadoii n
BT69 INE
Bankers
Santander
2 Triton Square
Regent's Place
London
NWI 3AN
Charity Commission
For Northern Ireland Number
1000?9

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Contents
Page
Report of the trustees
Independent Examiners Report
Income & Expenditure Account
10-11
Statement of Financial Activities
12
Balance sheet
13
Notes to the financial statements
14-20

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Trustees Report
Year ended 3151 March 2025
Structure, Governanee and Management
The Trust (the charity) is an unincorporated trust. constituted under a deed of trusL and is registered as a
charity with HRMC and M'ith Charity. Commission for NI. The charity plans to continue lo raise funds
through its routine and special collections from ivithin its congregation, all of ￿-hICh to serve the charity's
objectives in the furtherance of the Christian belief.
The trustees have been appointed for an indefinite period.
The trustees meet regularly to discuss the broad strategy of the charity to include areas of activity for the
harity, assessment of resen'es and risk manag¢m¢nt.
Trustees
The Trustees who served during the year were as follows:
Mr Darryl Robert Bain
Mr Steven Hawlhorne
Mr Joseph Robert Bain
Mr Ian Liggett
Risk Management
The trustees actiN'ely review any major risks, which the charity faces on a regular basis and believe that
maintaining reserves at current levels, combined w'ith an annual reviewi of the controls over key financial
systems. will provide sutyicient resources for the incoming year. The trustees haNe also examined other
operational and business risks faced by the Charity and confirni that they have established systems to mitigate
the most significant risks.
Objectives and Actii'ities
The Trustees have regard to the Northern Ireland Charity Commission's Public benefit requirements statutory
guidance state the objects and principal activities of the charity are:
Weekly meetings to encourage members and non-members in their walk with God and to welcome others to
have faith in Jesus- weekly bible stud). to help understand God better and apply his Principles to our lives,
monthly worship and prayer times to engage ivith God and increase our relationship with him; weekly sports,
drama and dance nights within our local community: regular outreach to local community to share the love of
Jesus; Christmas Red bag outreach to provide food aid to the local community. yearly outreach overseas for
approximately 2 w'eeks to provide physical, emotional and spiritual aid wherever we go.
We believe that we bring a positive influence to every part of our community helping them to not only find
faith in God but develop as people. So that they can be all that they can be and realise their p)tential.
The main activities undertaken to further these aims are detailed in the "Achievements and perfonnance
section of this report.
Achievements & Performance:
Weekly Activities
Wc continue to offer both in-person and online services each Sunday. This hybrid model has remained
effective since first launching online in 20? l. Whether gathered in the building or watching from home, each
service centres on the Bible, encouragement and following Jesus together.
Our online church continues to grom, steadili,, with increasing views and hours watched across Facebook and
YouTube each week. Many people who begin watching online later join us in person. This year, our average
Sunday attendance rose to 185 across two services, reflecting conslstent growth and strong connection.
Page I

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Trustees Report
for the year ended 31 March 2025
Mid-week Activities
Our mid-week rhythm has remained strong. We continue to run Life Groups twice monthly, with 10 active
groups, as well as brand-new youth boys and youth girls groups. These gatherings remain a vital place for
discipleship, community and prayer.
Our Worship & Prayer Nights also continue twicc monthly, and remain a key part of the spiritual heartbeat of
the church. These are attended by all ages, from youth upwards.
Key Events:
Christmas Dinner 2024
We welcomed 130 people for a warni and joyful Christmas celebration. We enjoyed great food, fun, carols
and a strong sense of togetherness.
New Year's Eve Worship Night 20?4
Around 150 people gathered to finish the year in worship: testimony and gratitude. It was a powerful night of
honouring God's faithfulness and welcoming all He will do in ?0?5.
Corporate Fast- January 2025
Over 80 people joined us in prayer and fasting, completing a shared Bible plan together to seek God's vision
and direction for the year ahead.
Volunteer Meal 2025
We hosted 60 incredible volunteers for a night of celebration. great food and our Vibe A wards. It remains one
of the most loved moments of the year.
Neivcomers Brunches
Wc ran three brunches, each ￿'e1COMIng I P20 new people and families. These remain essential for
connection, vision and helping new people find their place in the life of the church. We provide delicious
homemade pancakes and share the vision of Vibe.
Baptisms
We celebrated ?3 baptisms, with many people publicly declaring their faith in Jesus. We had 2 baptisms
throughout the year.
Community Hub & Vibe Care
The Vibe Community Hub continues to grow in impact and reach. It remains one of the most- significant
expressions of our mission to reach the lost and build a vibrant church.
Weekly Footfall: around 450 people
Support Provided Includes..
Baby and Toddler Clubs
Baby Sensory
English classes
Money management support
Child contact meetings
Foster family support
Signposting and practical help
Refugee and homeless support (average 10 weekly)
Good Morning calls
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Trustees Report
for the year ended 31 March 2025
Health service placements
Space for agencies including Weight Watchers, SHSCT and council meetings
Families Supported This Year:
53 families weekly through Brit¢Box
25 families fully furnished through house kit-outs
5 families per w'eek supwrted through social services referrals
The Hub continues to be a trusted, safe and ￿'¢]ComIng place for the whole community.
BriteBox
BriteBox has grown significantly again this year. It provides families with a thll recipe and ingredients to
cook a healthy meal together. strengthening homes and relieving pressure.
This year:
53 families every week
1000 meals per month
Over 2000 boxes delivered
More than 8000 meals provided
Continued partnership ivith local schools
Schools engagement widened to l O schools through assemblies, classes and referrals
BriteBox continues to be one of our most impactful community projects.
Victory House
Victory House continues to be an important extension of our ministry. This year, 7 residents stayed in the
house, including interns, short-tem] missionaries and individuals in transition.
It remains a safe place for discipleship, pastoral care and community life.
Kids Ministry
Vibe Kids experienced significant gr0￿h again this year.
Weekly Numbers
Sundays average 42 kids
Friday Kids Club averages 54, Thith a record night of 81
Highlights
Over 1000 children reached through kids church, kids club, assemblies, Light Party, Vibe Minis, Vibe Tots
IHeart events
200 children responded to the gospel
22 assemblies delivered across 4 ￿h0O15
Kids Takeover continued through the year
IHeart Kids Club averaged 190 children daily
Vib¢ Kids bought one Project Possible seat and are halfw.ay to a second
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VIBE
Trustees Report
for the year ended 31 March 2025
This has been one of the most impactful )'ears for VI￿ Kids.
Youth Ministry
Youth at Vibe has grown in depth and numbers.
Weekly Rhythm
. 40+ youth at Friday Youth
20 at youth Life Groups
25+ at Youth Church on Sundays
50+ at Monday Toastie Club
Impact This Year
40+ decisions for Jesus
8 youth baptised
I OO+ youth reached in IHeart estates
Large schools presence reaching hundreds
80 youth at the IHeart Youth Night
5 youth attended camp in Scotland
Supported by 15 youih leaders
This has been a year of spiritual growth and transforniation for young people across Annagh.
Vibe Men
Vibe Men continues to be strong, with 30 men attending monthly.
A standout momcnt was our Men's Fire Night. drawing over l 00 men for food, fellowship, ¢ncourag¢ment
and a massive bonfire. It was a poiverful night of connection and faith.
Vibe Girl
Vibe Girl gathered around 60 women monthly for worship. fellowship, testimonies and teaching.
A major highlight was the New Eden Women's Conference 2025. an all-day event with 130 attendees,
powerful worship and life-giving ministry. This marked a significant moment in the grow'th of Vibe Girl.
Our House of Prayer continues to run throughout the week as individuals commit to regular prayer time slots.
Daily prayer requests are emailed to enable specific and united prayer. Although Mie did not run another 2417
worship week this year, prayer remains central to the life of Vibe Church.
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Trustees Report
for the year ended 31 March 2025
Summer Outreach- IHeart Arma
h 2024
IHeart continues to grow in reach, impact and salvations.
Key Numbers:
200+ children daily at kids club
. 8 estates reached
4 nursing homes visited
iooo+ homes visited
60 children attended football camp
. 301kk businesses blessed
80 volunteers seTr'ing
. 90 youth at ihe IHeart Youth Night
4000 people at the Familv Fun Night
197 salvations across the week
This remains one of our most effective evangelistic outreaches.
Missions
Lalvia- June 2024
Our Latvia missions team included 30 people, partnering with churches, schools and community projects.
Asia- August 2024
A team of 21 people travelled to the Philippines and Hong Kong for evangelism, youth ministry, teaching and
community outreach.
These trips have strengthened global relationships and provided powerful opportunities for discipleship and
mission.
Local Outreach
. Alpha ran twice, with around 25 participants each time
Easter Egg Hunt: 200
Sunday Funday: 500
Light Party: 250
Christmas Market: 300
Christmas Experience: 150
. 400 Christmas Food Hampers delivered
Regular Kids Club (5(Fk) and Youth Club (35+) each Friday
Weekly Baby Club (15) and Toddler Club (40)
Vibe continues to play a key role in bringing hope. joy and support to families across Arniagh.
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Trustees Report
for the year ended 31 March 2025
Trainin
& Develo
ment
Our l¢ad¢rship and staff engaged in several significant development opportunities:
A 24-hour leadership retreat in Miami
A local pastors, retreat in March
. Audacious Leade￿hIp Training over two days
Multiple guest speakers throughout the year who encouraged and strengthened the church
Kids and youth leaders have been trained in child protection safeguarding
Specific leaders have been training in first aid.
Investing in leadership remains a priority as ive prepare for continued ￿0￿h.
Pro
ect Possible- Buildin
ect
This year saw significant momentum toward our long-terni vision for a community-changing facility.
Milestones
Over 500,000 pounds pledged and raised
282 seats sold through the Buy-A-Seat campaign
Continued progress tow'ard full planning pern]ission
Plans underw'ay for a major new cafe V¥indow installation in summer 2025
Targeting construction to begin ID spring 2026
Project Possible remains vital to creating a c¢ntr¢ that will house counselling, youth space. soft play,
community support, a 300-seat auditorium, a 150-seat kids auditorium, BriteBox Hub, retail space, drop-in
cntr¢, industrial kitchen and more.
We continue to believe the best is yet to come.
Acknoivledgement and Thanks
As we reflect on the many successes achieved, the hurdles overcome, and the exciting plans now being put in
place for the year ahead, we would like to acknoivledge and sincerely thank all those who have supported
Vibe in helping us get to where we arc today. We would like to give special mention to our wonderful
financial supporters: namely: SHSCT. Triangle Housing, Ark Housing. the Benefact TrusL ABC District
Council, Education Authority, Ark Housing Association. Co Operation Ireland, Liberty Church Mid Ulster,
Kingsgate Church, Drop Inn Ministries, and in particular our members and visitors for their continued
generosity through donations and financial support. The day-to-day operation of a charity is about so much
more than funding, and for this reason we want to say a huge thank you to all of our incredible volunteers.
Without each and every one of you, nonc of these activities or achievcmcnts would have been possible.
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Trustees Report
for the year ended 31 March 2025
Financial Review
The Financial Statements are presented in the standard forniat required by the Charities SORP (FRS 102)
2015 and in accordance with The Charities (Accounts and RepK)rts) Regulations (Northern Ireland) 2015. The
Statement of Financial Activities on page 7 shows the gross income from all sources.
VIBE is reliant upon income collected through its weekly collections and special collections, combined with
the receipt of donations and the subsequent Gift Aid claims, and investment income to cover the running costs
of the charity and to further its objectiv¢s.
In the year under review the unrestricted income received from donations amounted to £232,574 (20?4.
£168,724 ), this amount was further enhanced by the subsequent receipt of Gift Aid amounting to £43,i26
(2024. £31,664). In addition to this Vibe also received restricted income by way of donations towards various
projects totAlling £65,420 {2024; £70.326 )' within this figure a staggering £34,584 was raised for our
building fund (2024- £36,784).
Expenses associated Nwith charitable activity work amounted to £186.033 (2024.. £103,841) during the year,
with a further amount of £138,593 (2024- £115,059) being spent on running and administration expenses. In
addition, the charity continued to develop and extend the facilities at Little Barrack Street. In the year under
review the charity expended £88.614 (20?4: £74.084} on fixed asset additions, which includes the ongoing
expenditure under our Project Possible.
Investment Poliev
Apart from retaining a prudent amount in reserves each year most of the charity's funds are spent in the short
terni.
Reserves Policy
The trustees aim to maintain sufficient reserves to enable the trust to continue its humanitarian aid and
Christian outr¢ach at its current level. and if possible. to increase it.
Trustee responsibilities in relation to the accounts
The charity trustees are responsible for preparing a trustees, annual report and financial statements in
accordance with applicable la￿, and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
The law applicable to charities in Northern Ireland requires the charity trustees to prepa￿ financial statements
for each year iyhich give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, of the charity for that period. In preparing the financial statements, the
trustees are required to:
select suitable accounting policies and then apply them consistently.
* observe the methods and principles in the applicable Charities SOIiP.
make judgements and estimates that are reasonable and prudent.
state w'hether applicable accounting standards hai'e been followed, subject to any material
departures that must be disclosed 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 business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements comply
with The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015, and the provisions of the
Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for
the pr¢N'ention and detection of fraud and other I￿¢gularitIcs.
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Trustees Report
for the year ended 31 March 2025
The trustecs are responsible for th¢ maintenance and integrity of the charity and financial information
included on the charity's website in accordance with legislation in the United Kingdom governing the
preparation and dissemination of financial statements.
This report was approved by the Trustees and signed on its behalf, on 12, January 2026, by:
Docusigned by:
Shjned ty..
DD¢uSiwed br.
Mr Darryl Bain
Trustee
Mr Robert Bain
Trustee
Mr Steven Hawthorne
Trustee
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Independent Examiners Report
Year ended 3151 March 2025
I report on the accounts of the Trust for the year ended J l March 2025, which are set out on pages l O
to 20.
Respective responsibilities of charity trustees and examiner
As the charity, s trustees you are responsible for the preparation of the accounts in accordance with
the Charities Act (Northern Ireland) 2008.
It is my responsibilitv to:
examine the accounts under section 65 of the Charities Act.
follow the procedures laid down in the general Directions given by the Commission under
section 65(9)(b) of the Charitics Act.
state whether particular matters haN'e come to my attention.
Basis of independent examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under section 65(9)(b) of the Charities Act.
My examination included a review of th¢ accounting records kept by the charity and a comparison of
the accounts presented with those records. It also included consideration of an)1 unusual items or
disclosures in the accounts, and seeking explanations from you as charity trustees concerning any
such matters.
My role is to state whethcr any material matters have com¢ to my attention giving me cause to
believe:
l. That accounting records were not kept in accordance with section 6J of the Charities Act.
2. That the accounts do not accord with those accounting records.
3. That thc accounts do not comply with the accounting requirements of the Charities Act.
4. That there is further infomiation needed for a proper undersLqnding of the accounts to be reached.
Independent examiner's statement
I hav¢ completed my examination and have no concerns in respect of the matters (l ) to (4) listed
above and, in connection with following the Directions of the Charity Commission for Northern
Ireland, I have l-ound no matters that require drawing to your attention.
Docuslgned by..
9675GCF2&9E3400
Jonathan Ross FCA
Chartered Accountant
44 Blackisland Road
Annaghmore
Portadown
BT62 INE
12, January 2026
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Income & Expenditure account
st
Year ended 31 March 2025
2025
2025
2025
2024
Unresiricied
IncomL
Restricied
Incomc
Total
Donation5 receivcd
232.i74
232574
168.724
Gift Aid on donations
43.326
43J26
31.664
Donations rcccivcd- Building Fund
l)onations rece]￿'¢d- Chrisimas
Hampers
34.)84
36.784
282
282
1,200
Donations receiN'ed- Brite Box
10,21K>
l)onations reCe]￿.td- Outreach
15.239
15239
7,396
l)onations reCe]￿.td- Missions
13.315
13J15
14,746
Grants received
4.472
Rental Incotllc
.310
iJio
2.493
Misc Incomc
809
Bank intcrLSt rccLivcd
-747
1.747
1.926
Total Ineome
282.$57
65820
347,977
280,414
Direct Ex
ense5
Donation5 & Gifts
10.943
10,943
17.328
Missionar). Trips
90.06)
13.31)
103J80
36.827
Community cTr'cnts & Outrcach
13.393
11.073
24.466
8.889
Conference
3.433
3,433
1,879
Creche/ Kids/ Youth
12.654
12ffi54
5,237
l eaching Resources1 materials
4.580
4580
3,939
Volunleer-l-raininO equipping
684
7,050
Visiting spcakcrsl musicians
2.427
Brite Box- Famil). tncals
-827
3.352
5,179
4.142
Hampcrs
143
282
425
908
Purchascs for kids partics
i.177
5.177
2.079
Honorarium
575
575
950
Interns
5.971
5,971
6,883
Victory, I louse - running costs
8.566
8566
5,303
158.011
28,022
186,033
103,841
The Income & Expenditure account continues on the next page.
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Income & Expenditure account
st
Year ended 31 March 2025
(Cont.d)
Administration Ex
enses
Wages
s6.￿7
2,485
59J92
49,173
Staff Pension costs
3.837
3,837
1.490
Rent
5.0(K>
5,000
6,000
Rates/ Water Rates
2,606
2,606
6,250
Insurance
2.803
1,738
Computer bureau costs
2,166
2,166
546
Light & heat
8.478
8.478
8,057
Repairs & maintenance
13,072
13,072
5,067
Printing, postage & stationery
1.310
iJio
1,761
Advertising
352
325
Telephone
479
479
480
Motor & travel
5,697
5,814
4,133
Meeting costs/ Caterinty H05ting
10.674
10.885
15,593
Accountancy
1,5(Kl
1,500
1,550
Bank Charges
439
439
294
Sundry Expenses
32
247
Depreciation
21,928
21.928
13,905
137,279
2,814
140,093
116,609
Surplusl Deficit
12,733
34584
21,851
59.964
There were no other gains or losses other than thosc recognised above.
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Statement of Financiiil Activities
for the year ended 31 March 2025
Unrestricted
Funds
Restricted
Funds
Total
Funds
Prior year
For the year ended 31 March 2025
Incon)ing
Resources
Notes
Voluntary income
275,900
65,420
341,320
270,714
Activities for generating funds
4,910
4,910
3,302
Investment income
Other incoming resources
1,747
1,747
1.926
4,472
Total Incoming Resources
282,557
65,420
347,977
280,414
Resources Expended
Charitable
activities
158.011
28,022
186,033
103,841
Running Costs/ Administrative costs
135,779
2,814
138,593
115,059
Gov¢mancc Costs
1,500
1,500
,550
Total Resourees Expended
295290
30,836
326,126
220,450
Net incomingl outgoing resources
before transfers
12,733
34,584
21,851
59,964
Gross transfers betw'een funds
Net incoming resources before other
recognised gains and losses
{12,7J3)
34,584
21,851
59,964
Net movement in funds
Reconciliation of funds
(12,733)
34584
21,851
59,964
TotAI funds brought forward (see note 17)
470,0
133,412
603,412
543,448
13,
14
Total funds ciirried fO￿ard
457267
167,996
625,263
603,412
There is no difference between the net movement in funds stated above. and the historical cost
equivalent. All the charity's activities derived from continuing operations during the year. The
charity has no rccognis¢d gains or losses other than those shown above and therefore no separat¢
statement of total recognised gains and losses has been presented.
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Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Balance sheet as at 31 March 2025
Notes:
2025
2024
Fixed Assets
io
456,163
389,477
Current
Assets
Other Debtors
Cash as Bank and in hand
42,104
158,130
30,474
185,667
Liabilities
Loans
Other creditors and accruals
12
(31,lJ4)
(2,206)
Total assets less current liabilities
625263
603,412
resented
Unrestricted funds
Restricted
funds
457.267
470,000
167,996
133,412
13, 14
625263
603,412
Approval of Account
Ih
The foregoing Balance Sheet Account was approved by the trustees on: 12 January 2026
Signed on behalf ot the trustees
Docusigned by:
Mr Darryl Bain
Trustee
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Notes to the financial statements
for the year ended 31 March 2025
Accounting policies
The accounting policies adopted by the Charity are consistent with those adopted previously and are set
out below:
Basis of preparation
The financial statements have been prepared in accordance with the provisions of the Charities Act
(Northem Ireland) 2008. These financial statements haN'e been prepared in accordance with the
Accoiinting and Reporting by Charities: Statement of Recommended Practice FRS 102 and Th¢
Charities (Accounts and Reports) Regulations (Northern Ireland) 2015.
The accounts are prepared under the hislorical cost coni'ention. The results of the charity's operations,
which are described in the trustee's report: are all continuing.
1.2. Cash floiv statement
The charity has taken advantage of the exemption provided by FRS 10? and has not prepared a cash
flow statement.
1.3 Fund Accounting
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or w'hen funds are raised for particular restricted
purposes.
Unrestricted funds comprise those funds. which the Trustees are free to use for any purpose in
furtherance of the charitable objects.
1.4 Incoming Funds
All incoming resources are recognised once the Charity has entitlement to the resources. it is certain
that the resources iyill be received, and the monetary value of incoming resources can be measured with
sufficient reliability.
1.5 Resources Expended
Liabilities are recognised as resourc¢5 expended as soon as there is a legal or constructive obligation
committing the Charity to the expenditure. All expenditure is accounted for on an accruals basis and
has been classified under heading that aggregate all costs related to the category.
1.6 Value Added Tax
VAT where recoverabl¢ has been excluded from these accounts. ]r￿cOVerable VA T is charged against
the category or resources expended for w'hich it was incurred.
1.7 Taxation
The Charity is exempt from taxation on its charitable activities.
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VIBE
Notes to the financial statements
for the year ended 31 March 2025
1.8 Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each
asset over its expected useful life, as follows:
Building
Not depreciated
Fixtures & Fittings
IO% reducing balance
Equipment & Furniture
200/0 Straight line
1.9 Stock
Stock is valued at the lower of cost and net realisable value.
1.10 Grants
Grants towards capital expenditure are released to the profit and loss account over the expected useful
life of the assets.
Income
Income for the year represents the cash received during the year net of value added tax.
Voluntary Income
Unrestricted
Restricted
Total Funds
Prior year
Donations received
232,574
232,574
168,724
Gift Aid on donations
31,664
Donations received- Building Fund
34,584
34,584
36,784
Donations received- Christmas Hampers
282
282
1,200
Donations received - Brite Box
2.000
2,000
10,200
Donations received - Outreach
15.239
15,239
7,396
Donations received - Missions
13,315
13,315
14,746
Grants received
4,472
275.900
65,4?0
341,320
270,714
Aetivities for generating funds
Unrestricted
Restricted
Total Funds
Prior year
Rental Income
1.310
1,310
2,493
Misc Income
3,600
3,600
809
4.910
4.910
3,302
Page 15

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Notes to the financial statements
for the year ended 31 March 2025
Investment income
Unrestricted
Restricted
Total Funds
Prior year
Bank interest received
1,747
1,747
1,926
1.747
.747
1,926
Other income
Unrestricted
Restricted
Total Funds
Prior year
Grants received
4,472
4,472
Charitsble aetii'ities
Unrestricted
Restricted
TOL41 Funds
Prior year
Donation5 & Gifts
10,943
10,943
17,328
Missionary Trips
90,065
13,315
103,380
36,827
Community events & Outreach
13,393
11,073
24,466
8,889
Conference
3,433
3,433
1,879
Brite Box - Family meals
1,827
3,352
5.179
4,142
Hampers
143
282
425
908
Purchases for kids parties
5.177
5,177
2,079
Creche/ Kidsl Youth
12.654
12,654
5,237
Teaching Resourcesl materials
4.580
4,580
3,939
Volunteer Trainingj equipping
684
684
7,050
Vislting speakers/ musicians
2,427
Victory House - running costs
8.566
8,566
5,303
Honorarium
575
575
950
Interns
5,971
5,971
6,883
158,011
28,022
186,033
103,841
Page 16

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Notes to the financial statements
for the year ended 31 March 2025
Running Cost￿ Administrative expenses
Wages
Staff Pension costs
Rent
Ratesl Water Rates
Insurance
Computer bureau costs
Light & heat
Repairs & maintenance
Printing, postage & stationery
Advertising
Telephone
Motor & travel
Meeting costsl Cateringj Hosting
Bank Charges
Sundry Expenses
Depreciation
56,907
2,485
59,392
3,837
5,000
2,606
2,803
2,166
8,478
13,072
1,310
352
479
5,814
10,885
439
32
21,928
138,593
49,173
1,490
6,000
6.250
1,738
546
8,057
5.067
1,761
325
480
4,133
15,593
294
247
13,905
15,059
5,000
2.606
2,803
2.166
8,478
1,310
352
479
5.697
10,674
117
211
32
21,928
135,779
2,814
Governance Costs
Unrestricted
Restricted
Total Funds
Prior year
Accountancy
1.500
1.500
1,500
1,500
1.550
,550
Page 17

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Notes to the financial statements
for the year ended 31 March 2025
io.
Tangible Fixed Assets
Buildings
Fixtures Fittings
& Equipment
Total
Cost
At l April 2024
Additions
DisP05a15
369.632
49.075
88,623
39,539
458,255
88,614
At 31 March 2025
418.707
128,162
546,869
reciation
At l April 2024
Charge
DisP05a15
At 31 March 2025
68.779
21,927
68,779
21,927
90.706
90,706
Net Book Value
At 31 March 2025
418.707
369.632
37,456
19,844
At 31 March 2024
389,477
2025
2024
Current Assets
Cash at bank and in hand
Other debtors
158,130
42,104
200,234
185,667
30,474
216,141
12.
Creditors less than l year
2025
2024
Trade Creditors
PAYE
Accruals
Deferred income
20,000
400
198
1,608
2.800
8,334
31,134
2,206
13. Reconciliation of Reserves
Unrestricted
Restricted
Total Funds
Prior year
Blfwd l April 2024
Surplus
Clfwd 31 March 2025
470.000
133.412
34,584
167,996
603.412
21,851
625.262
543,448
59,964
603.412
457.267
Page 18

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Notes to the financial statements
for the year ended 31 March 2025
14. Analysis of Net Assets between Fund5
2025
Unrestricted
Restricted
ToLql Funds
Tangible Fixed Assets
Current Assets
Current Liabilities
456,163
32.238
(31.134)
457.267
456,163
200.234
(31,134
625,263
167,996
167,996
2024
Unrestricted
Restricted
ToLql Funds
Tangible Fixed Assets
Current Assets
Current Liabilities
389,476
82.729
(2,206)
470,000
389,476
216.141
2,206
603,411
133,412
133,412
15.
Trustee and Staff Costs
One or more of the trustees has been paid remuneration or has received other benefits from an
employmcnt with th¢ Charity. Two Trustees received remuneration during the y¢ar- the
remuneration provided is in recognition of the additional duties undertaken:
Mr D Bain in his role as Pastor of Vibe: his role as Pastor of the church requires him to
spend a considerable amount of tim¢ each week preparing for w¢ekly church services.
attending meetings, leading study groups etc. The salary paid to Mr Bain during the year was
£19,200 (2024; £14,400); pensions contributions were also paid on behalf of Mr Bain in
accordance with Auto Enrolment pensions regulations. No other benefits were paid to Mr
Bain. This r¢mun¢rat¢d rol¢. as Pastor of Vibe. is in addition to the non-remunerated dutics
undertaken by Mr Bain as a trustee of the charity.
Mr I Liggett in his role as Community Liaison officer for Vibe; his role as community
Liaison Officer requires him to spend a considerable amount of time each w¢¢k leading Vibes
various community initialives. The salary paid to Mr Liggett during the year was £12,590
(2024; £12,590). pensions contributions were also paid on behalf of Mr Liggett in
accordance with Auto Enrolment pensions regulations. No other benefits were paid to Mr
Liggett.
No other Trustee received any remuneration or any other benefit from hisl her trusteeship
with the charity in the year (2024. £Nil). No Trustee receiTred payment for professional or
oth¢r scrviccs suppli¢d to th¢ charity (2024- £Nil). Trust¢¢s Expenses £Nil (2024; £Nil).
16.
Average number of Employees
During th¢ ycar th¢ av¢rag¢ number of employees was 4 (2024. 4).
Page 19

Docusign Envelope ID.. E5EC6371-2E6fA261>AOE&73C555F9DEAC
VIBE
Notes to the financial statements
for the year ended 31 March 2025
17.
Related Party Transactions
The Charities SORP (FRS 102), The Charities (Accounts and Reports) Regulations (Northern Ireland), and the
Charities Commission for Northem Ireland all require the disclosure of Related Party Transactions.
The following have been identified and are now rewTrrted to meet the requirements of the above noted pieces of
legislationl guidance.
Mr Daryl Bain is a Trustee of the charity. Mr Darrvl Bain is married to Mrs Nikki Bain. During the year Mrs
Bain received employment income of £7,800 (?0?4' £Nil}. In addition to her employed role within the Charity Mrs
Bain also acts as a volunteer within the charity.
Mr Robert Bain is a Trustee of the charity. During the year the charity occupied premises oii'ned by Mr Robert
Bain, the charit), paid rent of £5.000 to Mr Bain during the year (2024; £6,000). The charity is very grateful to Mr
Bain for the use of these premises at a rate considerably below market value.
Page 20