Company Registratlon No. N1613839 (Northern Ireland} ids: chartered occountants VINEYARD COMPASSION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1BG VINEYARD COMPASSION ids chartered accountants CONTENTS Page Legal and administrative information Trustees, report Independent auditorfs report 9-11 Statement of financial activities 12 Balance sheet 13 Statement of cash flows 14 Notes to the financial statements 15-28 VINEYARD COMPASSION ids, chartered accountants LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr R Kelly MrA R Lynas Mr P R Lynas Mr D P Wright Mr N A Young Dr K C Hutchinson Secretary Mr P R Lynas Charlty number NIC100508 Company number Ni613839 Registered office 10 Hillmans Way Ballycastle Road COLERAINE Co Londonderry BT52 2ED Auditor IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1BG Bankers Danske Bank Ballymena Business Centre BALLYMENA Co Antrim BT43 5BY Solicltors Macaulay Wray 35 New Row COLERAINE Co Londondery BT52 1AH VINEYARD COMPASSION ids. chartered occountants TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees present their annual report and financial statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Igoverning documentl, the Companies Act 2006 and Accounting and Reporting by Charities. Statement 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 1 January 2019). Objectives and actlvltles The principal activity of the charity continued to be Ihe provision of social relief within the community. Vineyard Compassion is a charity based in Coleraine. We aim lo support people, "from crisis lo full potential" by providing practical support for the poor, whilst empowering them to tackle the underlying root causes of povety. Our catchment district is primarily the Causeway Coast and Glens Borough. However, our work with the Probation Board and Prison Service helps people from all over Northern Ireland. Our volunteers come from as fsr away as Belfast and Omagh. although most are local. Povety in this region is much higher than the Northern Ireland average wilh 27.5 % of people and 30.9 % of children living in poverty, Coleraine includes some of the most deprived wards in Northern Ireland. The most vulnerable people in our community are faced with a complex set of barriers such as long-term nemployment, family breakdown, homelessness, problem debt, mental health issues, ex-offending, low educational achievement and poor self-esteem. For many, these barriers are too big to overcome without support. This can lead to periods of destitution, when people go without the bare essentials such as a home, food, clothes and healing. Recognising the significant deprivation in the local area and motivated to support the most vulnerable in society, Vineyard Compassion was established. The charity lakes a multi-faceted approach to tackling povety. seeking to maximise the potential for lasting transformation. Its programmes are making a real difference. We have been privileged to see dignity and hope restored to thousands of vulnerable people who were trapped in cycles of poverty. The support Vineyard Compassion offers is available at no cost, to everyone in the community regardless of belief, sexual orientation. race or nationality. Vineyard Compassion's vlsion is lo have.. -a transformed and thriving community wheTr poverty is unacc8Ptable and UnGommon°. Vineyard Compassion's misslon in achieving our vision is to.. °provide people with financial, emotional or practical support at their point of need. while empow9ring them to t8ckle the underlying root causes of poverty.. The charity offers holistic support centred around three core themes. 1. PROVISION: we provide immediate financial, emotional or practical support at crisis points of need. For example, the provision of food, clothing, emotional support or debt counselling, where individuals lack the resource to meet their own needs. 2. EMPOWERMENT.. we empower people to tackle the underlying root causes of poverty. For example, teaching budgeting skills, building capacity within clients to break the cycle of poverty, moving from dependency towards greater independence. 3. EMPLOYMENT.. we support people on a journey towards employment that is fulfilling. We know that work is the best route out of poverty, not only providing financially, but building Confiden￿ and self- esteem, improving mental health and providing greater community. VINEYARD COMPASSION ids chartered accountants TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 Staff assisted by a team of over 200 volunteers support the work. Many volunteers are former clients who are now in a position lo help others. We were delighted to receive the Queen's Award for Voluntary Senrice in 2018 acknowledging the tremendous contribution made by our volunteers in meeting community needs. The charity works alongside agencies and statutory bodies with the goal of tackling povety. It receives referrals from and signposts clients to these organisations for specialist support. These include govemment departments such as Health, Communities and Justice, the Probation Board, Prison Service. Housing Executive and local councils along with many charities including the Simon Community and St Vincent de Paul. Our activities Include.. The Open Door drop in café - this provides a gateway and befriending service to access all support services. Clients only have to enter ONE DOOR and go over their story ONCE Gompassion Support - the Compassion Support team connects with all new clients. Through tailor- made support plans guests are empowered to move beyond crisis point Causevlay Foodbank - provides emergency food and household essentials. Referrals corne from care professionals, We also operate a clothing bank called the Wearhouse RESET Soclal Supermarket - provides six months of low-cost food along with support services, courses and training to enable people lo reset their priorities of food, finance and future stability CAP Debt Centre- provides debt counselling, support and money management courses CAP Job Club - supports people to take steps towards employment The Link offers varied voluntary work placements designed to increase confi(Jence. skills and employability. One such placement is our Link Logs social enterprise. Some referrals come from the Probation Board for community service and prisoners on day release Grow allotment- gives opportunity for people to grow produce in a supportive environment improving mental health and promoting physical and social well-being Compasslon Houslng - provides short-term accommodation for homeless or at-risk people. Referrals corne from the Housing Executive, Social Services, Simon Community, Women'5 Refuge and Women's Aid. Vineyard Compassion's values supports people in a process of transformation from dependence to independence. The different values build upon each other.. you need worth to have hope. You need hope to have meaningful relationships. You need relationships to deal with Ihe range of complex issues in your life. You need a holistic solution to be fully &mpowered. Our values are as fo15ows: Worth - ALL people are welcome, are valuable and deserve lo be treated with dignity and respect. Hope we believe that there is hope for Ihe ￿tUre for everyone, no matter how difficult the situation Tnight appear. Relationships - we believe individual growth and healing happen as we spend time in community with people who cafe about us. Holistlc- we recognise and seek to meet the needs of the whole person - financial, emotional, practical and spiritual - not just their presenting problem. Empowerment - we encourage people to develop skills that equip them to meet their own needs and break the cycle of povety - moving from a place of dependence to independence. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achlevements and performance 2022 was a difficult year for many people when prices of food, fuel and healing reached unprecedented levels. In response, we launched an autumn campaign called 'Help is Here, Hope is Here.. The campaign was desI￿ed to raise awareness of all of our services and to send a message to our local comtnunity that help is available for anyone who needs it at this difficult time of rising living costs. In 2022, Vineyard Compassion supported 2457 clients {an increase of 650/c from 2021). Vineyard Compassion provided 16,535 support sessions to clients across all projects {an increase of 370/. from 2021) with 20,501 volunteer hours involved in or9anising and delivering this support. VINEYARD COMPASSION ids chartered accountants TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 Collaboration and working in partnership are key values for Vineyard Compassion to ensure thal clients receive the very best support. For this reason, Vineyard Compassion hosts and participates in several effective partnerships in the local area with various statutory agencies and communitylvolunlary organisations. In 2022, 92 partner agencies actively referred clients to Vin&yard Compassion. Vineyard Compassion seeks to avoid duplication in service provision whenever possible, and where gaps exist or current provision is un£ble to cope with demand, Vineyard Compassion looks for ways to launch projects that m&et genuine needs in a sustsinable and effective way. In a recent survey, 92 % of clients described Vineyard Compassion's support as °life transforming. or "a great help.. 97 % said since working wilh Vineyard Compassion they were 'hopeful'. 'more confident" and "able to face their problems.. Two clients surveyed stated-. °If it hadn't b8en for the help and support I received from Vineyard Comp8ssion, I would eilher be dead or in jail.. °The support I received has given light at th8 end of the tunnel. I'm making good progress With paying off my debts and improving my mental health" Flnanclal revlew The results for the year are sel out on page 12. The charity returned net incoming resources for the year of £198,392 {2021 net incoming resources of £66.027). At 31 December 2022 the total funds of the charity amounted to £1.648.945 (2021 - £1,450,553) comprising restricted fvnds of £215,865 (2021 £77,388), and unrestrictedldesignated funds of £1,433,080 (2021 £1,373,165). The spread of income by source is shown in the following graphs.. Inconie by Source {£OOOs) 500 450 400 350 300 150 2fJO ITrD SC, Indh. idual OrDaniMior Grènts Sttial Enterprse & Othpr Tradi Otlier 2022 • 2011 VINEYARD COMPASSION ids chartered accountants TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 Inconie by Source 2022 Ind ￿.}dUaL OrLYaniolons Grant5 '.al Eriterpr-se & Otlw Tradino OihEr Expenditure by Activity 2022 Link Lous CouBellnD Fcthlb4 HoiJ:. Debt Centre c(bal_￿Ferrna[ket Other Frojp(ts I SiJppJrt & G￿ernan Fundrdrln The principal risk faced by the charity continues to be the potential of receiving insufficient funds to continue its activities. The charity seeks to mitigate this risk in the following ways.. Unrestricted reserves are held which are sufficient to cover The conts'nuance of operations given a 25 % reduction in unrestricted and project income, for a perTod of 3-6 months, plus.. any specific liabilities which are outside of the normal scope of activities therever possible, projects are developed and structured to be self-sustaining and therefore have the potential to continue for the long term without external funding The charity is conlinuing to develop its fundraising strategy to continue to diversify core funding sources and therefore avoid any over-reliance on a small number of funders. VINEYARD COMPASSION ids chartered accountants TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 Total unrestricted res8rv@s (comprising of cash and debtors, less short-term liabilities) were £314.538 12021 £205,000) Based on the 2023 budget, the range of reserves considered by the tTUStees to be adequate las calculated above) is between £103K- £206K. Unrestricted reserves are currently above this range. Trustees have approved the purchase of investing in solar panels which will reduce the reserves by an expected £127k. Additionally. due to the seasonal nature of the Link Logs project, apPr0￿MatelY £40K is required lo build up stock during the year. Reserves at the end of the summer are therefore forecast lo be £167K less than at the year end. Plans for future periods Following the COVID pandemic, Vineyard Compassion has been developing various partnerships and collaborative projects. A key milestone was the initiation of an Anti-Poverty Network of which Vineyard Compassion is a founding member and one of the main delivery agents, This network was spearheaded by Causeway Coast and Glens Council with input from the Department for Communities Nl and is now chaired by Ricky Wright, Vineyard Compassion's Chief Exec. A detailed action plan has been developed which will be outworked in the years ahead. This will be a key emphasis for Vineyard Compassion, to work strategiTrlly in partnership with other local organisations with the shared goal of tackling poverty and social deprivation. A consortium has been created among ne￿Ork members to offer holistic wraparound support to people in crisis, which was piloted in 2021 and has been Gontinued into 2022 and 2023. Vineyard Compassion piloted a new'mobile. support service in late 2021 to offer crisis support and signposting to rural locations where barriers to engagement are higher. The 'Mobile Open Door, dropin service has continued throughout 2022 and provides a needs assessment, emergency provisions (Foodbank}, Social Supermarket, one to one support and signposting to other services. We aim to review and evaluate its SUC￿$S during 2023 with the aim of expanding its service if feasible. During 2022 our supported housing project transitioned fomially into a new Emergency l Temporary Housing project in partnership with Northern Ireland Housing Executive. During 2023, this project will take significant focus of our senior staff team to develop the project, ensuring it will be sustainable financially, while effectively meeting the needs of clients who need crisis accommodation. We also be developed a new 'Outcomes I Impact Framework, to better identify the positive changes within people's lives that we support. This will help us to capture our impact and provide the most detailgj answer to hat does success look like?" for the organisation. This will be integrated into a new bespoke cliEmt case management IT system that will be developed and launched during 2023. We will also continue to grow and develop our Fundraising Strategy so that there is greater stability. We aim to secure mulli-year grants to give greater security in grant funding and widen the variety of our funders. We will also continue to develop the number and amount of our individual donations, while growing our social enterprises to form a larger percentage of our overall income. We are confident that these plans will be realised. Structure, governance and management Vineyard Compassion is a company limited by guarantee and was incorporated on 1 August 2012. The company was established under a Memorandum of Association which established the objectives and powers of the company and is governed by its Articles of Association. The liability of its members is limited in that every member of the company undertakes to contribute an amount not exceeding £1 in the event of the company being wound up. The trustees, who are also the directors for the purpose of company law, and who seNed during the year and up to the date of signature of the financial statements were.. Mr R Kelly MrA R Lynas Mr P R Lynas Mr D P Wright Mr NA Young Dr K C Hutchinson VINEYARD COMPASSION ids. Chartered accountants TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2022 New directors are appointed when appropriate. Suitable candidates are Considered on the basis of their skills, experience and sympathy with the airns of the charity. New directors will be agreed at a board meetng before being invited to join and will receive appropriate induction and relevant training. Trustees are responsible for setting the organisation's payscales following the NICVA malrix and benchmark and ensuring that these are adhered tc. Vineyard Compassion was birthed from Causeway Coast Wineyard church (CCV) and has the same trustees. We have a risk management assurance framework in operation. This covers areas such as safeguarding processes for children and vulnerable adults, staff training and development, health and safely for staff and public around the site as well as HR, IT and financial risks (covered by our reserves policy) Two of our board members sil on a risk management S￿￿CoMmIttee alongside the Operations Director. Any risks are raised, discussed and measures put in place to mitigate the risk. Risk is a standing agenda item on our board meetings and the risk management assurance framework is reviewed formally at the board meeting every six months. Reference and adminlstrative detalls The day-to-day management of the charity Is overseen by Ricky Wright (Chief Exec), David Mccracken (Operations Director) and Victoria Moore (Finance Manager}. Statèment of trustees, responsibilities The trustees, who are also the directors of Vineyard Compassion for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice) Company Law requires the trust*s to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of re sources, including the income and expenditure, of the Charitable company for that year. In preparing these financial slalements, the trustees are required to.. select suitable accounting policies and then apply them consistently, observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent-, and prepare the financial statements on the going concern basis unless it is inappropriate to presutYE that the Gharity will continue in operation. The twstees are responsible for keeping adequate accounting records that disclose with reasonable a￿uraCY at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of traud and other irregularities. Auditor In accordance with the company's articles. a resolution proposing that IDS Chartered Accountants LLP be reappointed as auditor of the company will be pul at a General Meeting. Dlsclosure of informatlon to auditor Each of the trustees has confimed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and lo establish that the auditor is aware of such information. This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption, VINEYARD COMPASSION ids chartered accountants TRUSTEES, REPORT {CONTINUED)(INCLUDING DIRECTORS. REPORT} FOR THE YEAR ENDED 31 DECEMBER 2022 The trustees, report was approved the Bo ofTrustees. Mr P R Lynas Trustee Dated. 14 September 2023 VINEYARD COMPASSION ids: chartered accountants INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF VINEYARD COMPASSION Opinlon We have audited the financial statements of Wineyard Compassion {the 'charity') for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the notes to the financial stalemenls, including a summary of significant accounting policies. The financial reporting frarnework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic ol Irgland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a true and fair view of the state of the charitable company's affairs a5 al 31 December 2022 and of Its total incoming reSoUr￿S and expenditure of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practits,. 8nd have been prepared in accordance with the requirements of the Companies Act 2006. Basls for opinlon We conducted our audit in accordance with Inlernalional Standards on Auditing (UKJ (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit ol the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe thal the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relatlng to golng concern In auditing the financial slalements, we have concluded that the trustees, use of the going concem basis of accounting in Ihe preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are desrJibed in the relevant sections of this report. Other informatlon The trustees are responsible for the other Information. The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon, Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements. our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial stalements or our knowledge obtained in the audit or othemise appears to be materially misstated If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed. we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard VINEYARD COMPASSION ids- chartered accountants INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF VINEYARD COMPASSION Matters on whlch we are required to report by exceptlon We have nothing to report in respect of the following matters in relation lo which the Charities (Accounts and Reports) Regulations (Northem Ireland) 2015 require us to report to you if, in our opinion.. the information given in the financtal statements is inconsistent in any material respect with the trustees, report., Of the charitable company has not kept adequate accounting records-, or the financial statements are not in agreement with the accounting records and retums,. or we have not received all the information and explanations we require for our audit. Responslbilities of trustees As explained more fully in the Statement of Truslees, Responsibilities, the trustees (who are also the directors of the charity for the purpose of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial stalemenls, the trustees are responsible for assesslng the charity's abllity to contlnue as a going concern. disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate th& charitable company or to cease operations, or have no realistic alternative but to do so. Audltor's responsibilitles for the audlt of the financial statements We have been appointed as auditors under section 65 of the Charities Act (Northern Ireland) 2008 and report in accordance with the Act and regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material mi5Statement. whether due lo fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstalement when il exists, Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularitie5, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competen￿, capabilities and skills to identify or recognise non-compliance with laws & regulations., we identified the laws and regulations applicable to the charity through discussions with trustees and other management, and from our commercial knowledge and experience of the sector. we focused on specific laws and regulations which we considered may have a direct material effect on thè financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, antibribery. employment, environmental and health and safety legislation., we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence. identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. 10- VINEYARD COMPASSION ids: chartered accountonts INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF VINEYARD COMPASSION We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as lo where they considered there was susceptibility lo fraud, th8ir knowledge of actual, suspected and alleged fraud, considering the internal controls in place to miligale risks of fraud and non FOR THE YEAR ENDED 31 DECEMBER 2022 Support costs Support Governance costs costs 2022 Support Governance costs costs 2021 Staff costs Depreciation Insurance Building Costs Printing, postage and stationary Other expenses Staff and volunteer costs 55,449 53,637 9,267 88,452 55,449 53,637 9.267 88.452 51.406 57,176 7,563 60,314 51,406 57,176 7,563 60,314 2,066 9,902 15,597 2,066 9,902 15,597 2,736 3.913 3,638 2,736 3,913 3,838 Audit fees 2,100 2,100 2,100 2.100 234,370 2,100 236,470 186.748 2,100 188,846 Analysed between Fundraising Charitable activities 15,344 219,026 137 1,963 15,481 220,989 5,460 181,286 60 2,040 5,520 183,326 234,370 2.100 236,470 186,746 2,100 188.846 Governance costs includes payments to the auditors of £2,100 for audit fees (2021- £2,100}. 10 Trustees None of the trustees received any rernuneration or benefits from the charity during the year. During the year persons connected to a trustee ofthe charity were paid £7,671 by virtue of their employment. 11 Employees The average monlhly number employees (excluding directors) during the year was.. 2022 Number 2021 Number 16 15 Employment Costs 2022 2021 Wages and salaries Social security costs Other pension costs 339,105 17,675 15.855 328,559 16.475 14,452 372,635 359,486 VINEYARD COMPASSION ids: chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2022 11 Employees (Contlnued) There were no employees whose annual remuneration was more than £60,000. 12 Taxatlon The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to ils charitable objects. 13 Tanglble flxed assets Freehold land Ènd bulldings Flxtures, IT equipment Motor v8hlclgS fittings and and soffvlare gquSpmgnl Total Cost At 1 January 2022 Additions 1,014,901 154,169 7,299 38,394 10,400 51,392 6,800 1,258,856 24.499 At 31 December 2022 1.014,901 161,488 48,794 58,192 1,283,355 Depreclatlon and impairment Al 1 January 2022 Depreciation charged in the year 88.201 20,298 62,915 14,783 29 298 8,474 17,863 10.082 198,277 53,637 At 31 December 2022 108,499 77.698 37,772 27,945 251,914 Carrying amount At 31 December 2022 906,402 83.770 11.022 30,247 1,031.441 At 31 December 2021 926,700 91,254 9,096 33,529 1,060,579 14 Stocks 2022 2021 Raw materials and consumables 12,547 29,034 15 Debtors 2022 2021 Amounts falllng dua wlthln one year: Trade debtors Other debtors Prepayments and accrued income 58,563 24.565 6,361 12,535 12,977 18,761 89,489 44,273 VINEYARD COMPASSION ids: chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 16 Creditors: amounts falllng due wlthin one year 2022 2021 other taxation and social security Trade creditors Other creditors Accruals and deferred income 11,522 17,413 8,145 23,918 5,620 4,628 17,773 9.590 60,998 37.611 17 Retlrement beneflt schemes Defined contrlbutlon schemes The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The charge to profit or loss in respect of defined contribution schemes was £15,855 {2021 £14,452). -24- VINEYARD COMPASSION ids: chartered accountants NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DEGEMBER 2022 18 Restrlcted funds The income funds of the charity include restricted funds comprising the following unexpended balan￿$ of donations and grants held on trust for specific purposes.. Movement In funds Incoming Rgsources Balance at resources expendèd 31 December 2022 Balanco at 1 January 2022 29th May 1961 Anonymous Individual Donors Sainsbury's Fareshare Community Foundation Nl Department for Communities Sainsubury's Neighbourly Tudor Trust Illuminate Counselling Nl Housing Executive Benefact Trust TBF Thompson Trussell l ASDA Ardbarron Trust Black Santa Cash for kids Bryson Energy Causeway Coast & Glens Comic Relief CRT Danske Bank charity Garfield Weston Foundation Global Make Some Noise GMB Green Pastures Housing Ha5ifax M&S Groundwork UK Power Nl Probation Board Nl Rank Foundation Screwfix Foundation The Crowe Evangelical Trust Trussel Trust 3,290 38,992 827 1,559 16,825 1,000 2,667 2,826 2,500 (3,2901 (14,3821 (8271 (1,559) {61,7601 (1.0001 (17,840) (468) (48,576) (4,095) (970) (3,373) (9,060) (4501 (780) (5001 (10,243) (44.9301 (69,0241 (2,0001 {6,3401 (18.923} (1,0001 (1,5001 (soo> 62,063 86,673 58,330 13,395 25.000 9,827 2,358 20,924 45,905 67,000 50,000 970 3,373 2,060 7,000 450 2,100 1.320 500 10,243 45,130 69.024 2,000 10.000 30,000 1,000 1,500 4,614 1,000 500 1,000 7,350 20,000 10,000 1,000 5,000 200 3,660 11,077 4,114 1,000 {500} (1,000) (7,350) (7,308) (10,000) (1,000) (2,279) 12.692 2,721 77,388 491,304 (352,827) 215,865 -25- VINEYARD COMPASSION ids- chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 19 Designated funds The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.. Movement in funds Balance at Re¥ources Balance at 1 January 2022 expgnded 31 December 2022 Repairs and replacements fund Site improvements 36,000 40.000 14.0001 32,000 40,000 76.000 14,000) 72,000 20 Analysis of net assets betwe8n funds Unrestricted Restricted funds funds 2022 2022 Total Unrestrlcted Restrlcted funds funds 2021 2021 Total 2022 2021 Fund balances al 31 December 2022 are represented by. Tangible assets Current assetsl(liabilities} 1,031,441 401,639 1,031,441 617,504 1,060.579 312,586 1.060,579 389,974 215,865 77,388 1,433,080 215,865 1,648.945 1,373,165 77,388 1,450,553 21 Financlal commitments, guarantees and contingent Ilabllities Certain grants received and receivable may become repayable to the funder if the charity is no longer able to meet the conditions under which they were awarded. Due to the nature of these contingencies, it is not possible to quantify the potential effect or give an indication of liming as to the liabilities that may arise. 22 OperatSng lease comrnltments At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2022 2021 Within one year Between two and five years In over five years 100 400 1,100 100 400 1,200 1.600 1,700 -26- VINEYARD COMPASSION ids. Chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 23 Related paty transactlons Remuneration of key management personnel The remuneration of key management personnel is as follows. 2022 2021 Aggregate compensation 35,212 32,659 Transactlons wlth related parties During the year the charity entered into the following transactions with related parties.. Included within expenditure on charitable activities were amounts tolalling £1,209 (2021 £6851 paid to Lynas Foodservice Limited, a company in which Mr Andrew Lynas is a director. The amoLsnt owing at the year-end and included in trade creditors was £40812021 £123). Included within charitable activities were amounts totalling £54,648 (2021 £19,816) received from Lynas Foodservice Limited, a company in which Mr Andrew Lynas is a director, The amount owed at the year-end and included in trade debtors was £41.546 (2021- £8,185). Included within expenditure on charitable activities were amounts totalling £5,128 12021 £2,304) paid to Fuelwise Network Limited, a company in which Mr Russell Kelly is a director. The amount owing at the year- end and included in trade creditors was £612 (2021 £3261. Included within shared services were amounts totalling £57,200 <2021 £50,400) paid to Causeway Coast Vineyard Church, a charity with the same directors. The amount owing at the year-end and included In accruals was £7.800 (2021- £nil}. Included within professional fees were amounts totalling £1,950 {2021 £nil} paid to Spark Coaching, a company in which Dr Karise Hutchinson's husband is a director. There were no amounts outstanding at the year end. Included within other debtors were amounts totalling £6.352 (2021 £nil ) for Love Christmas Grant owed from Causeway Coast Vineyard Church, a charity with the same directors. Included within other creditors were amounts totalling £837 {2021 £nil) for Love Ukraine Grant owed to Causeway Coast Vineyard, a charity with the same directors. Included within other creditors were amounts tota51ing £nil (2021 £12,360) owed to Causeway Coast Vineyard Church, a charity with the same directors. -27- VINEYARD COMPASSION ids: chartered accountants NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 24 Cash generated from operations 2022 2021 Surplus for the year 198,392 56,027 Adjustments for.. Investment income recognised in statem&nt of financial activities Depreciation and impaiment of tangible fixed assets (387) 53,637 (40) 57,176 Movements in working capttal: Decrease in stocks (Increase) in debtors Increasel(decreasel in creditors 16,487 (45.216) 23,387 5,314 (19,690) [2,187) Cash generated from operations 248,300 106,600 25 Analysis of changes In net funds At 1 January 2022 Cash flows At 31 Decembèr 2022 Cash at bank and In hand 354,278 222,188 576,466 354,278 222,188 576,466 -28-