ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report and financial statements for the year ended 31 December 2023. 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 charily's Igoverning documenll, 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 IFRS 1021" (effective 1 January 2019). Objectives and activities The principal activity of the charity continued to be the provision of social relief within the community. Vineyard Compassion is a charity based in Coleraine. We aim to support people. °from crisis to full potential" by providing practical support for the poor, whi15t empowering them to tackle the underlying root causes of poverty. OUT catchment district is primarily the Causeway Coast and Glen5 Borough. However, our work with the Probation Board and Prison Service helps people from all over Northem Ireland. Our volunteers come from as far away as Belfast and Omagh, although most are local. Poverty in this region is much higher than the Northern Ireland average with 27.5'/0 of people and 30.9°/o of children living in poverty. Coleraine includes some of the most deprived ward5 in Northern Ireland. The mosl vulnerable people in our community are faced with a complex set of barriers such as long-temi unemployment, family breakdown, homelessness, problem debt, mental health issues. ex-offending, low educational achievement and poor self-esleem. For many, these barriers are too big to overcome wilhoul support. This can lead to periods of deslilution, when people go wilhout the bare essentials such as a home, food, clothes and heating. Recognising Ihe signtficant deprivation in the local area and motivated to support the most vulnerable in society. Vineyard Compassion was established. The charity takes a multi-faceted approach to tackling poverty, seeking to maximise the potential for lasting Iransformalion. Ils programmes are making a real difference. We have been privileged lo see dignity and hope restored lo thousand5 of vulnerable people who were trapped in cycle5 of poverty. The support Vineyard Compa55ion offers is available at no cost, to everyone in the community regardless of belief. sexual orienlation, race or nalionalily. Vineyard Compassion's vision is to have.. 'a transfonn8d and thriving community where poverty is unacGeptable and uncommon" Vineyard Compassion's mission in achieving our vision is to.. "provide people with Iinancial, emotional or practical support at their point of need. whilg ompow8ring them to taGkle the undertying root causes of poverty". The charity offers holislic support centred around three core themes.. 1. PROVISION.. we provide immediate financial, emotional or practical support at crisi5 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 joumey towards employment that is fulfilling. We know that work is the best route out of poverty, not only providing financially, but building confidence and self- esteem, improving mental health and providing greater community. Staff assisted by a team of over 200 volunteers support the work. Many volunteers are former client5 who are now in a p0511ion to help others. We were delighted to receive the Queen's Award for Voluntary Serwce in 2018 acknowledging the tremendous contribution made by our volunteers in meeting community needs. ids. VINEYARD COMPASSION chartered accountonts TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The charity works alongside agencies and statutory bodies with the goal of tackling povety- It receives referrals from and signposts clients to these organisalions for specialist support. These include government departments such as Health, Communities and Justice, the Probation Board, Prison Service, Housing Executive and local councils along with many charities including the Simon Communily 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. Compassion Support- the Compassion Support team connects with all new clients. Through tailor- made support plans guests are empowered lo move beyond crisis point. Causeway Foodbank - provides emergency food and household essentials. Referrals come from care professionals. We also operate a clothing bank called the Wear House. RESET Social Supermarket - provides six months of low-cosl food along with support services, courses and training to enable people to resel their priorities of food, finance and future stability. CAP Debt Centre- provides debt counselling, support and money management courses. Link Logs offers a voluntary work placement designed lo increase confidence, skills and employability. This mentor led environment operates within a social enterprise slruclure. Some referrals come from the Probation Board for community service and prisoners on day release. The Link Logs social enterprise will see a decrease in production from July 2024 and subsequently a reduction in sales the remainder of 2024. This is due having to dismantle and relocale the Link Logs operation from a leased warehouse lo alternative warehousing on a sile owned by CCV as we were unable to agree a reasonable lease amount. The leased sile will be vacated by September 2024. The new location will be much smaller than the previous location and we're anlicipaling lower production and sales moving forward into 2025. Grow allotment - gives opportunity for people to grow produce in a supportive environment improving mental health and promoting physical and social well-being Compassion Housing- provides short-term accommodation for homeless or at-risk people. Referrals come from the Housing Executive, Social Services. Simon Community, Women's 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 the range of complex issues in your life. You need a holistic solution lo be fully empowered. Worth-ALL people are welcome, are valuable and deserve to be treated with dignity and respect. Hope - we believe that there is hope for the future for everyone, no matter how difficult the situation might appear. Relationships - we believe individual growth and healing happen as we spend time in comrnunily wilh people who care aboul us. Holistio - we recognise and seek to meet the needs of the whole person - financial, emotional, praclical and spiritual - not just their presenting problem. Empowernient- we encourage people to develop ski115 that equip them to meet their own need5 and break the cycle of poverty- moving from a place of dependence to independence. ids. VINEYARD COMPASSION chartered accountants TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 Achievements and performance Throughout 2023 the Cost-of-Living Crisis has continued lo impact more and more families across the communily. A growing number of families are facing financial crisis for the first lime. while others are being pushed further into poverty and despair. Those with very low incomes have experienced a subslanlial reduction in their disposable income. This leads them lo fa￿ impossible decisions on whether lo eat or heal their home., pay the electricity bill or cover unexpected costs such as repairing a washing machine or fixing a boiler. Many working families who previously were able to live comfortably are now living under the immense financial pressure, with mortgage or rent arrears and genuine fear of losing their home. During 2022. vineyard Compassion experienced an unprecedented surge in demand for its services. This momentum continued into 2023, with our Foodbank and Clothing bank serving more than double the number of individuals in need compared to the previous year. Additionally. our Open Door drop-in sessions altracted nearly twice as many participants, lotalling an incredible 4872 visit5 over thè past 12 months. 2023 also marked a significant shift as the first group of asylum seekers arrived on Ihe North Coast. Initially, these individuals were housed in a hotel in Portslewart, followed by families being accommodated in a holel in Portrush. Many others have been dispersed across Coleraine and beyond. Vineyard Compassion has the privilege of supporting these individuals and working alongside slatulory and communilylvoluntary agencies to deliver coordinated support. Collaboratior) 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 effecb've partnerships in the local area with various statutory agencies and communilylvoluntary organisations. Vineyard Compassion seeks to avoid duplicalion in service provision whenever possible. and where gaps exist or currenl provision is unable to cope with demand, Vineyard Compassion looks for ways to launch projects that meet genuine needs in a sustainable and effective way. In a recent survey, 920/0 of clients described Vineyard Compassion's support as "life transforming" or 'a greal help" 97Q/o said since working with Vineyard Compassion they were °hopeful" "more confident" and "able lo face their problems" Two clients surveyed slated.. "If it hadn't been for the help and support I received fmm Vineyard Compassion, I would either be dead or in jail." 'The support I r8C8ived has givon me light at the end of the tunnel. I m making good progress with paying off my debts and improving my mental health." ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT {CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 Financial review The results for the year are set out on page 13. The charity returned net outgoing resources for the year of £182,273 (2022 nel incoming resources of £198,392). At 31 December 2023 the total funds of the charity amounted to £1,466,672 12022 £1,648.945} comprising restricted funds of £191,113 {2022 £215.865}, and unrestrictedldesignaled funds of £1,275,559 (2022- £1,433,080). The spread of income and expenditure by source is shown in the following graphs.. Income by Source (£OOOs) 350 25D 50 Ind v Idual OrL*ani￿lonS Grants Eccial Enterrrse & Other 5 radin Qther 2023 112022 ids. VINEYARD COMPASSION chartered accountants TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 I ncome by Source 2023 Ind v,,dua', OrLTani￿r:.cnS . Gran