ids. chartered accountants Company Registration No. N1613839 (Northem Ireland) VINEYARD COMPASSION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 IDS Chartered Accountants LLP 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG ids. VINEYARD COMPASSION chartered accountants CONTENTS Page Legal and administrative infomiation Trustees, report Independent auditorfs report 10-12 Statement of financial activities 13 Balance sheet 14 Statement of cash flows 15 Notes to the financial statements 16-29 ids. VINEYARD COMPASSION chartered accountants LEGAL AND ADMINISTRATIVE INFORMATION Trustees MrA R Lynas Mr P R Lynas Mr D P Wright Prof. K C Hutchinson Mr D Mcmullan Mrs L Bell (Appointed 4 October 2024} (Appointed 12 January 2025) Secretary Mr P R Lynas Charity number NIC100508 Company number N1613839 Registered office 10 Hillmans Way Ballycastle Road COLERAINE Co Londondery BT52 2ED Auditor IDS CharteredAccountants LLP 23125 Queen Street COLERAINE Co Londondery BT52 1 BG Bankers Danske Bank Ballymena Business Cerrtre BALLYMENA Co Antrim BT43 5BY Solicitors Macaulay Wray 35 New Row COLEFIAINE Co Londondery BT52 1AH ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and finanaal statements for the year ended 31 December 2024. 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 chanty's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" 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. 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 SeNice helps people from all over Northern Ireland. Our volunteers come from as far away as Belfast, although most are local. Povety in this region is much higher than the Northern Ireland average with 27.50h of people and 30.90A of children living in povety. Coleraine includes some of the most deprived wards in Northern Ireland. The most vulnerable people in our community are faced ￿fjth a complex set of barriers such as long-term unemployment, 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 wthout the bare essentials such as a home, food, clothes and heating. Recognising the significant deprivation in the local area and motivated to support the m05t vulnerable in society, Vineyard Compassion was established. The charity takes a Multi-fa￿ted approach to tackling poverty, 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 vision is to have- "a transfonned and thriving community where poverty is unacceptable and uncommon". Vineyard Compassion's mission in achieving our vision is to- "provide people with financial, emotional or practical support at their point of need, while empowering them to tackle the underlying root causes of povertw. 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, dothing, emergency housing, emotional support or debt counselling, where individuals lack the resour￿ to meet their own needs. 2. EMPOWERMENT.. we empower people to tackle the undedying root causes of poverty. For example, teaching budgeting skills, building capacity within dients to break the cyde of povety, 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 povety. 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 v￿rk. Many volunteers are former clients who are now in a position to help others. We were delighted to receive the Queen's Award for Voluntary SeNice in 2018 acknowledging the tremendous contribution made by our volunteers in meeting community needs. ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The charity works alongside agencies and statutory bodies wth the goal of tackling povety. It receives referrals from and signposts clients to these organisations for specialist support. These indude government departments such as Health, Communities and Justice, the Probation Board, Prison SeNice, Housing Executive and local councils along with many charities including the Simon Community and St Vin￿nt 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 to find help for the whole person. Compassion Support - the Compassion Support team connects with all new dients. Through tailor- made support plans clients are empowered to 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 Supemiarket - provides six months of Iow-COSt food along with support services, courses and training to enable people to reset their priorities of food, finance and future stability CAP Centre- provides money management courses and one to one budgeting Link Logs offers a voluntary work placement designed to increase Confidence, skills and employability. This mentor led environment operates within a social enterprise structure. Some referrals come from the Probation Board for community service and prisoners on day release Compassion Housing - provides short-temi emergency accommodation for homeless people along with care, support and supervision from Housing Support Workers. Referrals come from the Housing Executive. Vineyard Compassion's values support people in a prO￿sS 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 relalionships. You need relationships to deal with the range of complex issues in your life You need a holistic solution to be fully empowered. Worth - ALL people are welcome, are valuable and deserve to be treated wtth 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 community with people who care about us. Holistic - we recognise and seek to meet the needs of the whole person - financial. emotional, practical and spiritual - not just their presenting problem. Empowennent - we encourage people to develop skills that equip them to meet their own needs and break the cycle of poverty - moving from a place of dependence to independen￿. Achievements and performance Throughout 2024 the impact of the Cost-of-Living Crisis continued to affed more and more families across the community. A growing number of families are facing financial crisis for the first time, while others are being pushed further into poverty and despair. Those with very low incomes have experienced a substantial reduction in their disposable income. This leads them to face impossible decisions on whether to eat or heat 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 2023, Vineyard Compassion experienced an Unpre￿dented surge in demand for its seNices. This momentum continued into 2024, with our Foodbank and Clothing bank serving more individuals in need compared to the previous year. Additionally, our Open Door drop-in sessions received more footfall over the past 12 months. 2024 also marked the continued growth of asylum seekers placed on the North Coast, across Portstewart, Portrush and Coleraine. Vineyard Compassion has the privilege of supporting these individuals and working alongside statutory and communtyfvoluntary agencies to deliver coordinated support. ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 Collaboration and working in partnership are key values for Vineyard Compassion to ensure that 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 communitylvoluntary organisations. One collaborative initiative was hosting an event at Vineyard in October 2024 to highlight the impact of the growing Housing Crisis on the North Coast bringing together decision makers in the housing sphere to workshop creative solutions for this issue. Vineyard Compassion seeks to avoid duplication in Servi￿ provision whenever possible, and where gaps exist or current 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, 920A of clients described Vineyard Compassion's support as "life transforming" or "a great help" 97 % said since working with Wineyard Compassion they were 'hopeful more confident. and 'atle to face their problems". Two clients surveyed stated.. "If it hadn't been for the help and support l ￿￿1Ved from Vineya￿1 Compassion, I would either be dead or in jail." "The support I recewed has given 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 2024 Financial review The results for the year are set out on page 13. The charity returned net incoming resources for the year of £52.972 (2023 net outgoing resources of £273,753). At 31 December 2024 the total fvnds of the charity amounted to £1.428,164 (2023 - £1.375,192) comprising restricted funds of £274,758 {2023 - £116,137), and unrestrictedldesignated funds of £1,153,406 (2023- £1,259,055). The spread of income and expenditure by source is shown in the followng graphs: Income by Source (£OOOs) 7iXJ 2C ify) lThYpithl OrKanoKrs SCCA EnteYpr5e & Oth¥ Tiadir • 2024 • 2023 ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 Income by Source 2024 Sc£ial Ert￿prse & Other Trnjir Ott Expenditure by Activity 2024 . Comp&s1￿ 9Jrp)rt • LI￿ LoE5 CowsetliiE ptsusirg C*btCattre Sc(ia Ots prq￿ SLfWrt & G%￿na￿e 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 foll0v￿ng ways.. Unrestricted reserves are held which are sufficient to cover. the Continuan￿ of operations given a 250 reduction in unrestricted and project income, for a period of 3-6 months, and any specffic liabilities which are outside of the normal scope of activities., Wherever possible, projects are developed and structured to be self-sustaining and therefore have the potential to continue for the long term without extemal ￿ndIng., The charity is continuing to develop its fundraising strategy to continue to diversify core funding sources and therefore avoid any over-reliance on a small number of fvnders. ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 Total unrestricted reserves (comprising of cash and debtors, less short-temi 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 be￿een £113K - £227K. Unrestricted reserves are currently below this range. Trustees focus in budgeting and planning going fO￿ard is to build the unrestricted reserves towards the 3 month run rate, but ideally the 6 month amount. Trustees may choose to invest some or all the reserves to obtain a financial retum for the charity, ensuring an acceptable level of investment risk and that any reserves are invested in a way can be readily realised as cash, when needed. Plans for future periods Vineyard Compassion has continued to develop 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 strategically in partnership with other local organisations with the shared goal of tackling povety and social deprivation. A consortium has been created among network members to offer holistic wraparound support to people in crisis. which was piloted in 2021 and y￿11 continue into 2025. We also developed a new 'Outcomes I Impact Framework. to better idents'fy the positive changes within people's lives that we support. This will help us to capture our impact and provide the most detailed answer to "what does success look like?" for the organisation. This will be integrated into a new bespoke client case management IT system that will be developed and launched during 2025. Due to the drop in grant funding during 2024, Vineyard Compassion has had to look at various cost saving measures, looking at greater efficiencies while maintaining our effectiveness. V￿￿lIe we have had to pull back some of our services, we are confident that we can continue to provide that immediate relief to people in crisis. Alongside increasing efficiencies, we wll also continue to grow and develop our Fundraising Strategy so that there is greater stability. We aim to secure multi-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 fomi a larger per￿ntage of our overall income. We are confident that these plans wll be realised. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. New trustees will receive appropriate induction and relevant training. ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 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 vh)ich 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 Se￿ed during the year and up to the date of signature of the financial statements were= MrA R Lynas Mr P R Lynas Mr D P Wright Prof. K C Hutchinson Mr D Mcmullan Mrs L Bell (Appointed 4 October 2024) (Appointed 12 January 2025) New directors are appointed when appropriate. Suitable candidates are considered on the basis of their skills, experience and sympathy with the aims 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 matrix and benchmark and ensuring that these are adhered to. Vineyard Compassion was birthed from Causeway Coast Vineyard church {CCV) and has the same trustees. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what adivities the charity should undertake. New trustees will receive appropriate induction and relevant training. 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 safety 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 sit on a risk management sutrTrcommittee 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 administrative details The day-to-day management of the charity is overseen by Ricky Wright (Chief Exec), David Mccracken {Operations Director) and Victoria Moore (Finance Manager). ids. VINEYARD COMPASSION chartered accountants TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 Statement 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 (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming reSoUr￿S and application of reSoUr￿s, induding the income and expenditure, of the charitable company for that year. In preparing these financial statements. 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., state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.. and prepare the financial statements on the going ¢oncem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate a¢￿UntIng records that disclose with reasonable accuracy 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 fraud 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 v4ill be put at a General Meeting. Disclosure of infonnation to auditor Each of the trustees has confirmed that there is no informats'on 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 to establish that the auditor is aware of such infomiation. This report has been prepared in accordan￿ with the provisions applicable to companies entitled to the small companies exemption. The trustees, report was approved by the Board of Trustees. Petek L 112.4 Its.'J)55 GMT*ll Mr P R Lynas Trustee Dated: 16 September 2025 ids. VINEYARD COMPASSION chartered accountants INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF VINEYARD COMPASSION Opinion We have audited the financial statements of Vineyard Compassion (the 'charity') for the year ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework 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 Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements- give a true and fair view of the state of the charitsble company's affairs as at 31 De￿mber 2024 and of its total incoming resources and expenditure of resources, induding its income and expenditure, for the year then ended., have been properly prepared in accordance y￿th United Kingdom Generally Accepted Accounting Practi￿. and have been prepared in accordance v4ith the requirements of the Charities Act (Northem Ireland) 2008. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditoffs 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 ststements in the UK, including the FRC'S Ethical Standard, and we have ￿lfilled our other ethical responsibilities in accordan￿ with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have ￿ncluded that the trustees. use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not identified any material Un￿rtaIntieS relating to events or conditions that, individually or collectively. may cast significant doubt on the charity's ability to continue as a going concem for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilits-es of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for Ihe other information. The other infomiation comprises the infomation 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 infomiation 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 infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audit or othemse 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 misstalement of the other information. If. based on the work we have perfomied, 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. 10- ids. VINEYARD COMPASSION chartered accountants INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF VINEYARD COMPASSION Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports} Regulations (Northern Ireland) 2015 require us to report to you if, in our opinion.. the information given in the financial statements is inconsistent in any material respect with the trustees, report., or the charitable company has not kept adequate accounting records., or the financial statements are not in agreement with the accounting records and returns., or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the charity for the purpose of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal 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 statements, Ihe trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditors responsibilities for the audit of the financial statements We have been appointed as auditors under section 65 of the Charities Act (Northem 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 misslatement, whether due to 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 th ISAS (UK) will always detect a material misstatement when it 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 finanaal statements. Irregularities, including fraud. are instances of non-compliance wth laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect malerial 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 the 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. 11 ids. VINEYARD COMPASSION chartered accountants INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF VINEYARD COMPASSION We assessed the sUs￿ptibIlity of the charitys finanaal statements to material misstatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as to where they considered there was susceptibility to fraud, their kno￿edge of actual. suspected and alleged fraud: considering the intemal controls in place to mitigate risks of fraud and non-compliance with laws and regulations., and performing analytical procedures to identify any unusual or unexpected relationships., reviewing joumal entries to identify unusual transactions- assessing whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias- investigating the rationale behind any significant or unusual transactions. In response to the risk of irregularities and n0￿Complian￿ wth laws and regulations, we designed procedures which included, but were not limited to.. agreeing financial statements disclosures to underlying supporting documentation., reading the minutes of meetings of those board of trustees- enquiring of management as to actual and potential litigation and claims- reviewing legal correspondence. There are inherent limitations in our audit procedures described above. The more removed laws and regulations are from financial transactions, the less likely it is that we would become aware of non-complian￿. Auditing standards also limit the audit procedures required to identify non-complian￿ with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibiltties is available on the FRC'5 website athttps'.Ilwww.frc.org.ukJauditorslaudit- assurance-ethicslauditors-responsibilities-for-the-audit. This description forms part of our auditor's report. Use of our report This report is made solely to the charity's trustees. as a body. in accordan￿ with Part 4 of the Charities (Accounts and Reports} Regulations (Northem Ireland) 2015. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law. we do not ac￿pt or assume responsibility to anyone other than the charity and the charity s trustees as a body, for our audit work, for this report, or for the opinions we have formed. Alison Wallace IDS Chartered Accountants LLP Statutory Auditor 23125 Queen Street COLERAINE Co Londonderry BT52 1 BG 16 September 2025 IDS Chartered Accountants LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a Company under section 1212 of the CompaniesAct 2006. 12- ids. VINEYARD COMPASSION chartered accountants STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted funds funds 2024 2024 Totsl Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Notes as restated Income from: Donations and legacies Charitable activities Other trading activities Investments 114,082 270,839 33.905 4.053 673,913 787,995 270,839 33,905 4.053 107,131 318,119 34,419 3,233 370,893 478,024 318,119 34,419 3,233 Total income 422.879 673,913 1.096.792 462.902 370,893 833,795 Expenditure on: Raising funds Charitable activities 56,333 472.195 56,333 987.487 87,355 549.572 87.355 1,020.193 515,292 470,621 Total expenditure 528,528 515,292 1,043,820 636,927 470,621 1,107,548 Net in¢omel(expenditure) and movement in funds (105.649) 158,621 52,972 (174,025) (99,728) {273,753) Reconciliation of funds: Fund balances at 1 January 2024 1,259,055 116,137 1,375,192 1,433,080 215,865 1,648,945 Fund balances at 31 December 2024 1,153.406 274,758 1.428.164 1,259,055 116,137 1,375,192 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 13- ids. VINEYARD COMPASSION chartered accountants BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 as restated Notes Fixed assets Tangible assets 14 1,059,051 1,114,451 Current assets Stocks Debtors Cash at bank and in hand 15 16 11.689 49,276 387,396 33,720 42,179 336,079 448.361 411,978 Creditors: amounts falling due within one year 17 (79,248) (151,237) Net current assets 369,113 260,741 Total assets less current liabilities 1,428,164 1,375,192 The funds of the charity Restricted income funds Unrestricted funds 19 274.758 1,153.406 116,137 1,259,055 1,428.164 1,375.192 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024, although an audit has been carried out under section 65 d the Charities Act (Northem Ireland) 2008. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounb'ng records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial ststements under the requirements of the Companies Act 2006. for the year in question in accordance viith section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on 16 September 2025 15 10.'35.'55 GMT*ii Mr P R Lynas Trustee li 2'-2i LO.-4&-33 GMT¥II ro