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← The Vine Centre

2025-03-31-accounts

Registered number: Ni032293 Charity number: NIC 100608

VINE CENTRE LIMITED (A Company Limited by Guarantee)

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TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

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VINE CENTRE LIMITED

(A Company Limited by Guarantee)

CONTENTS ~—

: Page
Reference and Administrative Details ofthe Charitable company, its Trustees and 1
Advisers
Trustees’ Report 2-13
Independent Auditors’ Report on the Financial Statements 14-17
Statement of Financial Activities 18
Balance Sheet , 19
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Statement of Cash Flows 20
NotestotheFinancialStatements 21-37

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees Mr Joseph Fittis, Chairman
Mr Timothy Fitzsimons
Mrs Evelyn Coleman
Mr Thomas Dickson
Mrs Anne Marie Simpson
Mrs Gwen Simmons
Mrs Patricia Kennedy
Company registered
number NI032293
Charity registered
number NIC100608
Registered office 193 Crumlin Road
Belfast
BT14 7DX
Company secretary Stephen Reid
Centre Manager Stephen Reid
independent auditors UHY Hacker Young Fitch Limited
Suite 2.06
Custom House
; - Custom House Square
Belfast
Antrim
BT1 3ET
Solicitors Hewitt& Gilpin
Thomas House
14-16 James Street South
Belfast
BT27GA

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Page 1

VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report together with the audited financial statements of the charitable company for the 1 April 2024 to 31 March 2025. The Annual Report serves the purposes of both a Trustees’ report and a directors’ report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the charitable company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 has been omitted.

Structure, governance and management

a. Constitution

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 22 April 1997. This was amended, with the consent of the Charity Commission, by a special resolution of members dated 26 February 2015.

The company is registered as a charity with the Charity Commission in Northern Ireland under the registration number NIC 100608, and accepted by HMRC asa charity under the reference XR13743.

b. Methods of appointment or election of Trustees

All of the Trustees are members of the charitable company and guarantee to contribute £10 in the event of the company being wound up. None of the Trustees have any beneficial interest in the company. The following Trustees held office during the period:

Mr Timothy Fitzsimons Barbara Mctlwrath Evelyn Coleman Thomas Dickson Anne Marie Simpson Gwen Simmons Patricia Kennedy Joseph Fittis, Chairman

The Board of Trustees is compromised of the following: . 3 representatives nominated by the congregation of Immanuel Presbyterian Church; ° 3 representatives nominated by the congregation of Crumlin Road Presbyterian Church; . 2 representatives nominated by any organisations who are affiliated members of the Centre; . 2 user representatives nominated by individual members of the Centre.

These nominations are subject to the approval of members at the Annual General Meeting. In the case of affiliated organisations and user representatives, if the number of nominations exceeds the number of vacancies there shall be an election to determine who amongst the nominees is appointed.

At each Annual General Meeting, one third of the Trustees, being those who have been longest in office since their election, are required to retire and submit themselves for re-nomination and re-election. Vacancies which arise through retirement or removal may be filled by the Trustees at a general meeting. In the event of a casual vacancy, due to death or resignation, the Trustees may appoint a replacement, who will be required to retire and seek re-election at the next Annual General Meeting. In addition, the Trustees may co-opt individuals who have specific knowledge or skills which the board judge to be relevant to the charity's ongoing activities, as long as such co-options do not exceed one third of the elected Trustees.

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Page 2

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management (continued)

c. Organisational structure and decision-making policies

The Board of Trustees is the ultimate controlling party of the charity, and is responsible for all aspects of corporate governance within the charitable company. The Board meets a minimum of 10 times each year to define and agree strategic priorities for the charity, monitor progress and review the resources available to sustain the charitable company. The day to day running of the organisation is carried out by the Centre Manager, Stephen Reid.

d. Financial risk management

The Trustees continue to regularly review any major risks arising from or impacting on the activities of the charitable company. They are satisfied that the major risks identified have been adequately mitigated where necessary and consider that the financial systems and controls in place are appropriate to the size of the charity and the nature of its operations. .

Page 3

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Introduction

This Trustees Report documents the work of the Centre, which has been continued over the year in question as it was originally conceived 55 years ago, as a practical demonstration of God’s love for the people of the area, and a fulfilment of Paul's injunction to serve one another as Christ served us.

In 1970, that service took the form of support to local people who literally found themselves on the frontline of the Troubles, with families having to leave their homes at short notice due to political violence in the area, with all the attendant challenges that presented.

In 2025, it finds its expression in a variety of ways; providing locally accessible, affordable childcare for working families, helping local people on flow or fixed incomes maximise their household income and make more effective use of the money they have, helping individuals dea! with their debts, supporting people who experience disruption to or additional pressure on their household income, making it easier for local families to access a wide range of early intervention support for both adults and children, helping individuals gain new skills and increase their employability, providing social activities for parents and older people, and supporting those who have experienced addiction achieve recovery and rebuild their lives.

In last year’s Trustee Report, we talked about seeing evidence of increasing number of people living more precariously - with greater instability, or potential instability, in their daily lives.

We have seen continuing evidence of this in the past year.

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Our catchment area contains a high number of individuals and families living on low or fixed incomes, who have seen their disposable income being eroded by rising costs, leaving them with the challenge of managing their household finances within greater constraints, and the in ability to deal with contingencies and emergencies when they arise.

We also continue to see more people with poor mental and physical health, more people whose reliance on substances to get by has resulted in addiction, more people experiencing social isolation and Jone due to the absence of social networks, and families struggling to get support for a child, or to effectively parent when they work irregular hours.

There is absolutely no doubt that the COVID 19 pandemic has had a significant, lasting impact in people's lives, particularly in terms of their sense of physical and mental wellbeing.

In the United States, people have recently been talking about an ‘epidemic of loneliness’, with much attention given to research showing that people spend more time on their own or can name fewer people they would categorise as close friends. Whilst the idea of an epidemic may bea little grandiose, there is absolutely no doubt that loneliness and social isolation are real issues, and that the lack of social interaction and social connection is no longer an issue associated, as it often was, with older people living alone, but now extends to children and young people.

In March, the Northern Ireland Executive published a report entitled Individual Wellbeing in Northern Ireland, which measured wellbeing against five metrics — loneliness, self-efficacy, personal wellbeing and locus of contro!. When it came to loneliness, the percentage of respondents from North Belfast who said that they ‘often’ or ‘always’ felt lonely was almost twice the Northern Ireland average.

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As an organisation, we remain committed to not only addressing these immediate issues, but also to work in partnership with other organisations and local people to build greater resilience in individuals and create pathways through which they can improve their circumstances, knowledge and skills.

This is consistent with our commitment to making a broad offer to local people, in terms of the programmes, activities and services that we provide, and that this work has continued to have a positive impact in our community.

We hope this Report demonstrates this.

Page 4

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Introduction (continued)

As always, the Board wishes to express its gratitude to four groups of people, without whom the work presented in this Report would not be possible.

Firstly, all those who financially support the work of the Centre, whether that be through grant funding, donations or paying for our childcare services.

On behalf of the Board, | would like to thank them all for the confidence they have shown in the Centre over the year covered by this Report. We continue to do our best to repay that confidence by demonstrating good stewardship of the resources made available to us, by deploying them to ensure the effective delivery of programmes, activities and services, the maintenance of the Centre asa facility, and the long term sustainability of the Centre as an organisation.

Secondly, the team of staff and volunteers who deliver our programmes, activities and services.

Everything detailed in this report is dependent on people — without the skills, knowledge and commitment of the staff we employ, and the volunteers who freely give their time to help us, none of the things detailed here would happen.

That commitment is reflected in the fact that, during the year, we made a number of long service awards to people who have now been with the Centre for 20 years. At a time when this sector has been experiencing challenges in terms of the recruitment and retention of staff, and given recurrent uncertainty that often accompanies funding, we count ourselves fortunate that we have been able to attract and retain talented people ready to give of their best for local people.

As a Board, we are also deeply grateful to those who freely give of their time and life experience to volunteer with the Centre. Whilst nothing we do is wholly dependent on volunteers for delivery, their involvement in programmes such as our Homework Club lends them character that enhances the experience for those accessing them.

These are the faces that people see when they use the Centre, the people who determine the experience that people have when they use the Centre, and the people whose efforts ensure positive outcomes for those users. In our experience, people value not only what you do, but the way in which they are treated.

Thirdly, the many organisations who we work in partnership with.

Our aim is to make a broad offer to local people in terms of the programmes, activities and services we deliver, but we recognise that no single organisation can meet the range of need that exists in our community.

Collaborative working, either in formal networks or through ongoing referral or signposting, undoubtedly enhances outcomes for local people, whether that be through collective planning and better co-ordinated delivery, or by increasing connectivity to make it easier for people to get the help they need as and when they need it.

As this report illustrates, the Centre is actively involved in a range of local, citywide and regional partnerships, covering activities such as advice, childcare and early intervention support for families, which enhance the outcomes we can achieve for local people.

We hope to further develop and deepen these relationships in the years to come.

Finally, and most importantly, are the people who use the programmes, activities and services we offer.

The Centre would not have existed for over half a century, or have any rationale for its continued existence, if local people did not find relevance and value in what we do.

As this report hopefully illustrates, the Centre as a facility continues to be welt used; we estimate that 430 adults and children accessed one of our programmes, activities or services in a typical week during the year.

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Introduction (continued)

This hopefully reflects the fact that people feel they are treated well when they come to us, and that they get some tangible benefit from doing so. This is important, because we continue to find that, however much advertising or promotion we do, word of mouth remains the most important driver for people coming to the Centre, and that a positive experience, and a positive outcome, for a relative, friend or neighbour is the best endorsement we can hope for.

Objectives and activities

a. Policies and objectives

The Centre was established in 1970 by members of the congregations of local churches, as a practical demonstration of God's love for those living in socially and economically deprived areas of North and West Belfast.

The specific objects of the Centre, as set out in our Articles of Association, are to:

  1. Relieve poverty, by providing advice and information services which seek to maximise the incomes of individuals in poverty, and alleviate the financial hardship of those in debt;

  2. Advance education, by providing training programmes and educational courses which seek to enable people of all ages to increase their knowledge, enhance their educational attainment, and develop employable skills;

  3. Promote good health, by providing childcare services and related programmes which improve the physical, emotional and intellectual wellbeing of children and build the capacity of parents to make informed choices about parenting, visitation and support to those experiencing isolation or crisis as a result of mental health problems, and activities which enable local peopie to make positive choices about their health and lifestyle;

4, Advance the Christian religion, by providing spiritual support to those experiencing bereavement, personal crisis or isolation, and by providing activities for those with no existing church connection who wish to learn about the Gospel of Jesus Christ;

  1. Promote good citizenship and community development, by providing local people opportunities to positively contribute to the wellbeing of others in their community as volunteers, providing advice and information which empowers people to understand and exercise their rights as citizens, and working in partnership with other interested local agencies and individuals to achieve the physical, social and economic regeneration of the area.

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

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b. Activities undertaken to achieve objectives

Advice Services

The Centre has been providing high quality, impartial advice, advocacy and information to local people for five decades.

The core of our provision remains our generalist advice service, which covers issues such as benefit entitlement, consumer rights, and housing and employment issues.

Our service is primarily offered on a face-to-face basis, as we have found persona! contact to be the most effective approach for many of our clients. Whilst this remains our default option, following the experience of operating during the COVID-19 pandemic, we also offer clients who prefer it the option of a telephone appointment. In addition to the service available from the Centre, we also provided advice through a number of outreach locations during the year, such as Grove Housing Association on the Shore Road, Whitecity Community Centre, Greater Shankill Community Council and Ashton Community Trust’s family support services.

During the year, staff dealt with a total of 3,974 enquiries on behalf of 1,280 clients. 91% of the enquiries dealt with by staff were benefit related.

The high level of benefit related work is attributable to the significant concentration of low income households within our catchment area: seven of the ten Super Output Areas in Belfast with the highest percentage of households in relative poverty (where equalised household income is 60% or less of the Northern Ireland average) can be found clustered on either side of the Crumlin Road. Low income households are generally more dependent on benefits for part of their weekly household income, and more likely to have to access the benefits system if their financial circumstances change. Under Welfare Reform, the system has become more complex for clients to navigate, most notably in terms of having to make and maintain their claim to benefit.

In this context, assisting with claims and maximising household income through eligible benefit entitlement remains the key piece of work our advisors undertake on behalf of clients; during the year, we assisted clients in making 472 new claims and maintaining 533 existing claims. In those cases where we know the outcome, staff helped clients secure £3,299,799 in additional benefit entitlement.

67% of benefit related enquiries staff dealt with during the year were around sickness and disability benefits, or benefits for older people; the remaining 33% were Universal Credit (UC) related. As the migration of people from legacy benefits to Universal Credit continues, we are seeing increased numbers of clients with UC enquiries; to address this growing need, we continue to offer a weekly Universal Credit Clinic, where local people can drop in on a Monday and get assistance with making or maintaining their claim. In addition to our staff team, this clinic was supported by a volunteer law student from the University of Ulster.

Clients continue to report very high levels of satisfaction with the service we provide. In our most recent client satisfaction survey:

In cases where we had helped clients to secure additional income, respondents told us that this money had enabled them to:

Page 7

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

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social supermarket projects and food banks for access to food in emergencies, housing support, support with addiction, education and training opportunities, and the Belfast Citywide Tribunal Service for representation at appeals.

Since June 2019, we have been an active partner in the delivery of Debt Action, the regional money and debt advice service, which is funded by the Department of Communities and co-ordinated on a regional level by Advice NI. This has enabled us to employ a Money Advisor, who can provide people from the North Belfast and Shankill areas with advice on potential strategies to address their debt, negotiate with creditors on their behalf, and help them plan and manage their finances more effectively going forward.

We, like many other advice providers involved in delivering the service, have experienced issues around the recruitment and retention of staff; however, during the period the post was occupied, our advisor deait with 22 clients, and negotiated debts totalling £185,234 on their behalf.

We also continued to offer a Family Finances Service for families with children under 18, funded through the Belfast Outcomes Group's Family Support Programme by the Belfast Health & Social Care Trust. This service is accessible through referral by any of the ten Family Support Hubs operating in the Belfast Trust area, and aims to address any debt that the family may have, build the capacity of families to manage their household finances more effectively, and maximise household income by identifying and securing any unclaimed benefit entitlement that the family may have.

During the year, the service dealt with 85 families and helped them negotiate debts totalling £503,136.

The Centre has continued to play an active role in the North Belfast Advice Partnership, which was established in 2003 as a vehicle for independent advice organisations in North Belfast to collaborate in a more strategic way around advice provision, with the aim of maximising the impact of available resources and ensuring that local people have access to comprehensive, high quality advice, information and advocacy across this part of the city. In addition to delivering some of the services the Partnership offers its clients, such as debt advice, we continue to act as lead partner for grant funding received collectively by the Partnership.

This includes the continued delivery of the Partnership's Volunteer Development Programme, which was again funded by the Executive Office's North Belfast Strategic Good Relations Programme, administered by the Community Relations Council. This programme is delivered in partnership with Ardoyne Association, and this year involved 48 local people undertaking training around welfare rights provided by Advice NI and the Partnership itself. A number of attendees were people working in other areas of the community sector who wanted to gain a basic understanding of the benefits system, so that they could recognise issues which might arise with their own service users and signpost them to appropriate support; building a potential network of community navigators for advice services is an idea that we wish to explore and develop further in future.

This funding also supported the delivery of 20 Money Talks workshops, attended by 139 participants. These workshops were designed to be short, interactive sessions offering people information and tips on how they could use their money effectively, whilst raising awareness of the support available to local people in terms of benefits, money advice and food support across the local community. These workshops have been delivered to a range of groups across North Belfast and the Shankill, including users of The Virtual Larder and Ashton Community Trust’s Pantry, Twaddell Women's Group and the Sailorstown Regeneration Group.

During the year we have continued to work with Ardoyne Association to deliver our own social supermarket initiative, The Virtual Larder, funded by Belfast City Council. This provided temporary food support, in the form of supermarket vouchers issued over a six week period, to local people who were experiencing disruption to, or pressure on, their household income for a number of reasons, including being in the Assessment Period for Universal Credit, having lost employment or experienced a reduction in income, or experiencing additional pressures due to their own health or caring responsibilities.

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Those being supported were also provided with access to a range of wraparound support, such as benefit checks (and assistance with any claims if eligible entitlement was identified), money management workshops, debt advice, training and employability support, and other community based programmes.

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Objectives and activities (continued)

Users were primarily, but not exclusively, clients of advice services. In total the project supported 215 households, containing 207 adults and 300 children, the majority of whom (98%) lived in the Oldpark, Court and Castle District Electoral Areas which are the primary catchment area for our advice services. In terms of wraparound support those households accessed a total of 313 service interventions: . 160 people accessed generalist advice — support included completing an initial benefit entitlement check, identification of new benefit entitlement and completion of any relevant claims, help to maintain existing claims, and referral to specialist support (Belfast Citywide Tribunal Service);

This project continues to draw on the extensive experience that advisors have gained from talking to people about their personal circumstances, particularly their household finances, and encourages advisors to think more holistically about the needs of people presenting and how they might be met.

Childcare

Childcare remains an important component of the Centre’s offer to local people, not only in terms of providing an affordable, locally accessible service to local parents, and the positive contribution it makes to the development of the children in our care, but also in terms of the contribution that childcare provision, as a social enterprise, makes to the overall sustainability of the Centre.

We offer childcare through:

Occupancy within our Afterschools Club continues to be impacted by the fact that many parents have continued to work from home since the pandemic and therefore did not need childcare provision, or needed it on a reduced basis, particularly if their children were older. As a consequence, occupancy levels have been much slower to recover than those in the Nursery, which have remained high across the year, with continuing demand for . places. Across the year, we provided our service to 127 local families, with a total of 140 children attending. At the end of March 2025, we had 94 children on the registers for our two settings.

Afterschools staff collected children from 9 local primary schools across North Belfast and the Shankill.

Most the families who used our service during the year are working families, accessing places on a fee-paying basis. We also provide childcare on a session basis to children referred by social work teams through the Belfast Trust’s Sponsored Daycare Scheme or Looked After Children Service.

When the Centre began providing childcare as a social economy initiative in 2005, one of our objectives was to create employment opportunities in the area. During the year, our childcare provision has sustained 16.7 FTE posts, in childcare and ancillary roles, with the majority of staff drawn from our catchment area as an organization.

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

Family Support Hub

The Centre continues to act as the lead body for the Upper North Belfast Family Support Hub, which has been operational since January 2016.

The Hub is one of 29 across Northern Ireland, and 10 in the Belfast Trust area, established by the Children & Young People’s Strategic Partnership. Each Hub is a multi-agency network of statutory, voluntary and community organisations who collaborate to provide a simple voluntary referral mechanism whereby families with children under 18 who need early intervention support can be connected to suitable support, in an effort to reduce the number of families requiring formal social services involvement.

The Upper North Belfast Hub area covers the part of North Belfast bounded the Crumlin Road to the south, and the Antrim Road to the east. It contains a diverse range of communities, including some of the most deprived areas in the city.

During the year, the Hub received a total of 262 service requests, of which 243 (93%) were successfully processed. 97% of service requests were processed to completion within four weeks of receipt. :

This was the first year in which we received service requests from all 9 electoral wards covered by the Hub. However, the vast majority of service requests (89%) continue to come from families living in the three Neighbourhood Renewal Areas in our catchment area, which suggests a strong, continuing correlation between the issues presented to the Hub and wider issues of multiple deprivation in those areas.

73% of the service requests we processed resulted in at least one service being provided to families requesting support. In total, 297 adults and children accessed 376 service interventions, provided by 28 organisations. The support accessed by families included home based family support, help with the cost of living, money advice, counselling, art therapy, mentoring for children and young people and support for children with disabilities. 87% of children and adults who engaged in services completed the intervention, and 76% of families who responded reported a positive experience of the services they had accessed.

50% of the services accessed during the year were those specifically requested on the Service Request Form. The fact that half of the services families were connected to were not those originally requested can be evidence of need that the Hub cannot meet, but it also demonstrates the importance of the conversation between the Hub Co-ordinator and a parent after a Request has been made, when a more nuanced assessment of the family’s circumstances can be made, and more relevant, or additional, forms of support for the family identified.

Thanks to funding from Belfast City Council’s Hardship Fund, during the latter half of the year we were able to provide families who presented with practical needs, and who were engaged in other services, with financial support in the form of supermarket vouchers. In total, by 31 March, we had provided support totalling £9,050 to 40 families, with support continuing until the end of June.

Since its inception, the Hub has been a coalition of the willing, dependent for its success on organisations who bring their knowledge and expertise, and most importantly the services they can offer, to the table to support local families. At the end of the year, 78 organisations and agencies were affiliated to the Hub as core or associate members.

Lifelong Learning

We remain committed to promoting a culture of Lifelong Learning amongst local people, providing opportunities to increase their knowledge and skills, gain qualifications to improve their employability, help their children with their homework, maintain good physical and mental wellbeing, or simply keep their minds active.

During the year 25 people gained a total of 38 qualifications in Literacy, Numeracy and Information & Communication Technology, through City & Guilds Essential Skills classes delivered in partnership with Belfast Metropolitan College. After a very successful year last year in terms of retention, completion and exam success, .

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

this was a more challenging year, with only 53% of those who initially registered for a class completing and gaining a qualification, compared to 68% the previous year. However, we also saw a higher than usual number gaining more than one qualification as a result of classes, and in a couple of cases participants registered for and completed classes in all three subjects, which demonstrated a significant commitment on their part.

At the end of the year, we had three classes running, with 21 people attending.

Our weekly Healthy Living Group for older women continued to meet during the year, with 30 women registered and regularly attending. With funding from the Public Health Agency, the group took part in a range of activity designed to promote better mental and physical wellbeing, which included reminiscence, craft activities and personal development.

14 children were registered with our Homework Club from primary school aged children, with an average of 14 children attending each week to do their homework in a quiet setting, with access to technology if needed and the assistance of staff and volunteers, including two student volunteers recruited through Queen's University's Student Volunteer Programme.

23 people accessed support through our Work Club during the year, where they received assistance with job search, completing applications, putting together a CV and preparing for job interviews. 3 people gained employment as a result of the support they received — 2 within the retail sector, and 1 within the hospitality sector.

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Our Little Sparks Toddler Group also continued to meet every Wednesday between September and March, with 28 families registered and an average attendance of 12 adults and children each week.

Pastoral Support

Our Pastoral Support programme, which began in 2008, has continued to extend the reach of the Centre by engaging those in our local community who are experiencing isolation or crisis. The programme recognises that the needs of people are not only practical, but spiritual and emotional, and that many people in our community do not have someone close who they can share their problems with. Those problems can include depression and other mental health issues, loneliness and social isolation, the impact of bereavement, the breakdown of relationships and domestic violence.

Home visitation remains at the centre of the programme, and over the course of the year our Pastoral Support Worker made 402 visits to a total of 79 people living in the local community.

Our Worker has also continued to work intensively with individuals wanting to free themselves from addictions or compulsive behaviours, through the Persons in Recovery programme. At the core of this is the Recovery Course, a 12 Step programme which returns to the original biblical inspiration that motivated Bill Wilson to establish Alcoholics Anonymous in the 1930’s.

The aim of the programme is to help those engaged on the journey to stay clean and makea full recovery from their addiction, through the provision of holistic support. Following completion of the Recovery Course, the Worker will support individuals in getting help from the local Community Addiction Team, in seeking admission to a residential rehabilitation programme, and in accessing other support services that might be relevant to them. Anyone accessing support does so in the knowledge that it will be there, in its various forms, for as long as they need it and that the door will remain open to them at all times, even if they have had a slip or relapse.

In total, 27 people were supported in these various ways through the programme during the year, with 15 new people being supported. 5 of those new people also completed the Recovery Course offered as part of the programme. . Our Grapevine Senior Citizens Lunch Club also continued to meet, with 13 people registered and an average of 10 people attending every week for a meal and a programme of activity including crafts, singing and quizzes.

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

In December, 245 adults and children living in the area received hampers at Christmas, containing food, toys and other Christmas gifts, an initiative made possible by the continued support of individuals, church groups, congregations within Presbyterian Church in Ireland, and a donation of toys and children’s gifts from Cool FM/Downtown Radio’s CASH 4 KIDS APPEAL. We estimate the value of this support at £9,290.

c. Grant-making policies

Trustees make grants to third parties in line with the terms of their letters of offer.

Achievements and performance

a. Review of activities

A review of the activities has been included in ‘Activities undertaken to achieve objectives’ above.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

It is the policy of the charitable company that unrestricted funds which have not been designated for specific use should be maintained at a level equivalent to between three and six months expenditure which is £337,000 - £674,000. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The charitable company finished the year with a surplus of £16,636 (2024: deficit £81,237) and reserves of £1,457 ,843 (2024: £1,441,207). £403,194 (2024: £361,066) of reserves were unrestricted and £1,054,649 (2024: £1,080,141) were restricted. The financial performance during the year has resulted in a financial position which the Trustees believe leaves the charitable company in a sustainable financial position for the year ahead, given funding secured, and expectations of other income that will be generated.

During the year and at the year end all the general funds under the control of the charitable company were unrestricted income funds. Restricted funds are used for specific purposes as laid down by the donor. Restricted funds are accounted for separately. The Trustees confirm that the charity's assets are available and adequate to . fulfil the obligations of the charitable company and that the funds are not excessive, given the assets, commitments and size of the organisation.

Members’ liability

The Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up.

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Statement of Trustees’ responsibilities

The Trustees (who are also the directors of the charitable company for the purposes 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 . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees’ Report is approved has confirmed that:

Auditors

The auditors, UHY Hacker Young Fitch Limited, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.

' Approved by order of the members of the board of Trustees on 25 September 2025 and signed on their behalf by:

==> picture [74 x 43] intentionally omitted <==

----- Start of picture text -----
Mrze Fittis
----- End of picture text -----

Chairman

:

Page 13

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF VINE CENTRE LIMITED

Opinion

Oe

We have audited the financial statements of Vine Centre Limited (the ‘charitable company’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, 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 of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance 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 concluded that the Trustees’ use of the going concern basis of accounting in the 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 charitable company'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 described in the relevant sections of this report.

.

Page 14

VINE CENTRE LIMITED (A Company Limited by Guarantee)

.

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF VINE CENTRE LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors’ Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. 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.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

;

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees’ Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes 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 internal contro! as the Trustees 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, the Trustees are responsible for assessing the charitable company's ability to continue 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 the charitable company or to cease’ operations, or have no realistic alternative but to do so.

Page 15

VINE CENTRE LIMITED (A Company Limited by Guarantee)

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF VINE CENTRE LIMITED (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors’ 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 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 financial statements.

Irregularities, 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 competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations. As part of the audit in accordance with ISAs (UK) we exercised professional judgement and maintained professional scepticism throughout the audit. We identified the laws and regulations applicable to the company through discussions with Trustees and other management, and from our commercial knowledge and experience of the sector and 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 and Charities Act (Northern Ireland) 2022.

We assessed the susceptibility of the charitable company’s financial 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 knowledge of actual, suspected and alleged fraud and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. We obtained an understanding of internal controls relevant to the audit in order to design audit procedures that were appropriate in the circumstances but not for the purpose of expressing an opinion of the effectiveness of the charitable company’s internal controls. .

To address the risk of fraud through management bias and override of controls, we performed analytical procedures to identify any unusual or unexpected relationships; tested journal entries to identify unusual transactions; evaluated the appropriateness of accounting policies used, including managements’ use of the going concern basis of accounting, and the reasonableness of accounting estimates and related disclosures ; made by management.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included but were not limited to agreeing financial statement disclosures to underlying supporting documentation; reading the minutes of meetings of those charged with governance; and enquiring of management as to actual and potential litigation and claims. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a Jaw or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors’ Report.

Page 16

VINE CENTRE LIMITED

(A Company Limited by Guarantee) .

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF VINE CENTRE LIMITED (CONTINUED)

Use of our report

_ This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members 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 accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

;

Michael Fitch (Senior Statutory Auditor) for and on behalf of UHY Hacker Young Fitch Limited, Statutory Auditors Suite 2.06 Custom House . Custom House Square Belfast Antrim BT1 3ET

25 September 2025

,

.

UHY Hacker Young Fitch Limited are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

,

Page 17

,

VINE CENTRE LIMITED

(A Company Limited by Guarantee) ;

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

.

. Unrestricted Restricted Total Total
funds funds funds funds
2025 2025 2025 2024
Note £ £ £ £
Income from:
Donations and legacies 4 5,976 21,460 27,436 27,881
Charitable activities 5 494,692 808,211 1,302,904 1,167,645
Other income 7 34,275 - 34,275 28,720
Total income 534,943 829,671 1,364,614 1,224,246
Expenditure on:
Charitable activities 10 492,815 855,163 1,347,978 1,305,483
Total expenditure “ 492,815 855,163 1,347,978 1,305,483
Net movement in funds 42,128 (25,492) 16,636 (81,237)
Reconciliation of funds:
Total funds brought forward 361,066 1,080,141 1,441,207 1,522,444
Net movement in funds 42,128 (25,492) 16,636 (81,237)
Totalfundscarriedforward 403,194 1,054,649 1,457,843 1,441,207

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 21 to 37 form part of these financial statements.

Page 18

,

VINE CENTRE LIMITED

(A Company Limited by Guarantee) REGISTERED NUMBER: NI032293

BALANCE SHEET AS AT 31 MARCH 2025

2025 2024
Note £ £
Fixed assets
Tangible assets 16 971,580 4,009,342
971,580 1,009,342
Current assets
;
Debtors 17 102,821 . 59,595
Cash at bank and in hand 431,273 398,709
§34,094 458,304
Creditors: amounts falling due within one
year 18 (47,831) (26,439)
Net current assets 486,263 431,865
Total assets less current liabilities 1,457,843 1,441,207
Net assets excluding pension asset 1,457,843 1,441,207
Total net assets 1,457,843 ; 1,441,207
Charity funds
Restricted funds 20 1,054,649 1,080,141
Unrestricted funds 20 403,194 361,066
Totalfunds 1,457,843 1,441,207

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

;

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 25 September 2025 and signed on their behalf by:

Chairman

The notes on pages 21 to 37 form part of these financial statements.

Page 19

,

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

,

2025 2024
£ £
Cash flows from operating activities
Net cash used in operating activities 33,074 (16,617)
Cash flows from investing activities
Purchase of tangible fixed assets (510) -
Net cash (used in)/provided by investing activities (510) -
Cash flows from financing activities
Net cash provided byfinancing activities - -
Change in cash and cash equivalents in the year 32,564 (16,617)
Cash and cash equivalents at the beginning of the year 398,709 415,326
Cash and cash equivalents at the end ofthe year 431,273 398,709
Thenotesonpages21to37formpartofthesefinancialstatements

Page 20

VINE CENTRE LIMITED (A Company Limited by Guarantee)

.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

  1. General information

Vine Centre Limited is a charitable company limited by guarantee and is incorporated and registered in Northern Ireland under company registration number NI032293. It is a registered charity with the Charity Commission in Northern Ireland under number NIC100608 and is a registered charity with HMRC under number XR13743.

The charitable company's registered office is situated at 193 Crumlin Road, Belfast, BT14 7AA.

The principal activities of the company is the relievement of poverty, advancement of religion and education, promotion of good health, citizenship and community development.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 freland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Vine Centre Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The charitable company's activities, together with the factors likely to affect its future development, performance and financial position are set out in the Trustees’ Report. The financial position of the charity, along with its policies and processes for maintaining current activity, managing its funding and its financial risk management are also set out in the Trustees’ Report.

The charitable company meets its day-to-day working capital requirements through income from charitable activities. The current economic conditions, create some uncertainty over the levels of these that will be available in future periods, although the members are of the opinion that they will continue to provide adequate funds.

The charitable company's forecasts and projections, taking account of reasonably possible changes in operating performance, show that the charity will be able to operate within its current facilities.

After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Page 21

VINE CENTRE LIMITED (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

All income, including donations, is recognised once the charitable company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Fees receivble, including Nursery and Afterschools fees, charges for services and use of premises are recognised as income in the period in which the service is provided.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its — recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charitable company's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

At each reporting date the charitable company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Page 22

VINE CENTRE LIMITED (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.5 Tangible fixed assets and depreciation (continued)

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following bases:

Freehold property - 2% straight line Fixtures and fittings - 20% straight line

2.6 Debtors

,

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charitable company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.9 Financial instruments

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.10 Operating leases

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term.

2.11 Pensions

The charitable company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charitable company to the fund in respect of the year.

Page 23

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

,

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

)

2.12 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charitable company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

3. Critical accounting estimates and areas of judgment

The preparation of the financial statements requires the use of certain critical accounting estimates. it also requires management to exercise judgement in applying the charitable company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, include:

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected.

4. Income from donations and legacies

Unrestricted Restricted Total
funds funds funds
2025 2025 2025
£ £ £
Donations 5,976 21,460 27,436
Unrestricted Restricted Total
funds funds funds
2024 2024 2024
£ £ £
Donations 7,431 20,450 27,881

|

Page 24

.

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

5. Income from charitable activities

Unrestricted Restricted Total
; funds funds funds
2025 2025
£ £ £
Grants received for specific projects (note 6) - 808,211 808,211
Nursery Fees 332,924 - 332,924
Afterschools Fees 114,965 - 114,965
Sponsored Daycare Scheme: BH&SCT 46,803 - 46,803
Total 2025 494,692 808,211 1,302,903
Unrestricted Restricted Total
funds funds funds
2024 2024 2024
€£ £ £
Grants received for specific projects (note 6) - 731,746 731,746
Nursery Fees 295,660 - 295,660
Afterschools Fees 94,158 - 94,158
Sponsored Daycare Scheme: BH&SCT 46,080 - 46,080
Total2024 435,898 731,746 1,167,644

All income from charitable activities are from activities meeting the social, physical, economic & spiritual needs in socially and economically deprived areas of North and West Belfast.

Page 25

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

6. Grants received for specific projects

2025 2024
£ £
Department for Communities: North BelfastAdvice Partnersip 123,358 108,243
Department for Communities: Crumlin Ward Initiative 162,370 153,674
Department for Communities: Secondment costs - 18,819
Belfast City Council: Generalist Advice 274,239 263,328
Belfast City Council: Welfare Reform Support Project 30,904 7,816
Belfast City Council: Revenue Grant 20,629 20,000
Belfast City Council: SummerScheme - 1,500
Belfast City Council: Social Supermarket Funding 49,500 33,710
Belfast Health & Social Care Trust: Outcomes Group Funding 19,178 17,919
Belfast Health & Social Care Trust: Family Support Hub . 64,945 60,991
Education Authority: Annual Registration Grant 2,400 2,981
Health & Social Care Board: Fair Play Small Grant Scheme 12,789 5,418
Health & Social Care Board: Holiday GrantScheme - 3,343
Health & Social Care Board: Minor Refurbishment Grant - 1,950
Advice Ni/Department for Communities: Debt Action 16,593 13,374
Advice NI/Department for Communities: Debt Modernisation Grant 4,893 -
Irish Temperance League Trust: Core Grant 3,000 3,000
Public Health Agency: Making Life Better Through Short Term Funding 3,200 2,710
Newington Housing Association: Training/Money Management Materials 8,057 -
Community Relations Council: Strategic Good Relations Programme 12,156 11,970
Dankse Bank: Annual Christmas Appeal - 1,000
808,211 731,746

7. Other incoming resources

Unrestricted Total
funds funds
. 2025 2025
£ £
Room hire, lunches & miscellaneous income 10,846 10,846
ATM income 12,000 12,000
Rental income 11,429 11,429
Total2025 34,275 34,275

Page 26

:

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

7. Other incoming resources (continued)

Unrestricted Total
funds funds
2024 2024
£ £
Room hire, lunches & miscellaneous income 10,894 10,894
ATM income 6,000 6,000
Rental income 11,826 11,826
Total 2024 28,720 28,720
.

.

8. Analysis of grants

:

Grants to
Organisatio Total
ns funds
2025 2025
£ £
Grants to third parties (note 9) 370,852 370,852
Grants to
Organisation Total
Ss funds
2024 2024
£ £
Grants to third parties (note 9) 354,077 354,077

Page 27

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

9. Grants to third parties

;

.

2025 2024
£ £
Ardoyne Association 39,344 41,325
Ballysillan Community Forum 59,896 59,918
Advice Space Belfast 75,045 72,133
Ligoneil improvementAssociation 87,447 78,781
Lower Oldpark Community Association ) 76,492 68,140
Tar isteach . 32,628 33,780
370,852 354,077

¢

10. Analysis of expenditure on charitable activities

Summary by fund type

:

‘Unrestricted Restricted
. funds funds Total
2025 2025 2025
£ £ £
Activities meeting the social, physical, economic & spiritual
; needs 492,815 855,163 1,347,978
Unrestricted Restricted -
funds funds Total
2024 2024 2024
,
£
£
£
)
. . .
Activities meeting the social, physical, economic & spiritual
needs 492,063 813,420 1,305,483

Page 28

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

11. Analysis of expenditure by activities

Activities
undertaken		 Grant
funding of		 Support . Total
directly activities costs funds
2025 2025 2025 2025
£ £ £ £
Activities meeting the social, physical,
economic& spiritual needs 704,501 370,852 272,625 1,347,978
Activities
undertaken		 Grant
funding of		 Support Total
directly activities costs funds
2024 2024 2024 2024
£ a £ £
Activities meeting the social, physical,
economic&spiritualneeds 683,639 354,077 267,767 1,305,483

12. Net movement in funds

The net movement in funds for the year is stated after charging: ,
2025 2024
£ £
Auditor's remuneration 8,040 7,800
Depreciation 38,273 39,100
Staff pension costs 10,999 11,540
57,312 58,440
Auditors’ remuneration
2025 2024
£ £
Fees payable to the charitable company's auditor for the audit of the
charitable company's annual accounts 4,740 4,600
Fees payable to the charitable company's auditor in respect of:
Allnon-auditservicesnotincludedabove 3,300 3,200

13. Auditors’ remuneration

Page 29

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14. Staff costs

2025 2024
£ £
Wages and salaries 605,551 "598,248
Social security costs 36,486 37,416
Contribution to defined contribution pension schemes 10,999 11,540
653,036 647,204

The average number of persons employed by the charitable company during the year was as follows:

,

- 2025 2024
No. No.
34 33

No employee received remuneration amounting to more than £60,000 in either year.

15. Trustees’ remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - ENIL).

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - ENIL).

Page 30

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. Tangible fixed assets

Freehold Fixtures and
property fittings Total
£ £ £
Cost or valuation .
At 1 April 2024 1,748,225 393,102 2,141,327
Additions - 510 510
At 31 March 2025 1,748,225 393,612 2,141,837
Depreciation
At 1 April 2024 755,421 376,563 1,131,984
Charge for the year 34,965 3,308 38,273
At 31 March 2025 790,386 379,871 1,170,257
Net book value
,
At 31 March 2025 957,839 13,741 971,580
At 31 March 2024 992,804 16,538 1,009,342
17. Debtors
2025 2024
£ £
Due within one year
Trade debtors 10,462 20,432
,
Prepayments and accrued income 26,563 27,984
Grants receivable 65,796 11,179
102,821 59,595

Page 31

,

VINE CENTRE LIMITED

‘

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

18. Creditors: Amounts falling due within one year

2025 2024
£ £
Bank overdrafts 24,958 7,025
Trade creditors 12,601 8,424
Other taxation and social security 770 807
Other creditors 2,043 2,925
Accruals and deferred income 7,459 7,258
47,831 26,439
2025 2024
£ £
Deferred income at 1 April 2024 7,260 7,269
Resources deferred during the year 7,459 7,260
Amounts released from previous periods (7,260) (7,269)
7,459 7,260
Financial instruments
2025 2024
£ £
Financial assets
Financialassetsmeasuredatfairvaluethroughincomeandexpenditure 431,273 398,709

19. Financial instruments

Financial assets measured at fair value through income and expenditure comprise cash at bank and in hand.

Page 32

‘VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

;

20. Statement of funds

Statement of funds - current year

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||||||| |---|---|---|---|---|---| |Balance|at| |Balance|at|1|31|March| |April|2024|Income|Expenditure|2025| |£|£|£|£| |Unrestricted|funds| |General|Funds|361,066|534,943|(492,815)|403,194| |:|Restricted|funds| |Restricted|Funds|1,080,141|829,671|(855,163)|1,054,649| |Total|of funds|1,441,207|1,364,614|(1,347,978)|1,457,843| |Statement|of funds|-|prior|year| |.|Balance|at| |Balance|at|31|March| |1|April|2023|Income|Expenditure|2024| |£|£|£|£| |Unrestricted|funds| |General|Funds|381,080|472,049|(492,063)|361,066| |Restricted|funds| |Restricted|Funds|1,141,365|752,196|(813,420)|1,080,141| |Total|of funds|1,522,445|1,224,245|(1,305,483)|1,441,207|

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VINE CENTRE LIMITED (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

21. Summary of funds

Summary of funds - current year

Batance at
Balance at 1 31 March
. April 2024 Income Expenditure 2025
£ £ £ £
General funds 361,066 534,943 (492,815) 403,194
Restricted funds 1,080,141 829,671 (855,163) 1,054,649
1,441,207 1,364,614 (1,347,978) 1,457,843
Summary offunds - prior year
Balanceat
Balance at 31 March
1 April 2023 Income Expenditure. 2024
£ g £ £
General funds 381,080 472,049 (492,063) 361,066
Restricted funds 1,141,365 752,196 (813,420) 1,080,141
1,522,445 1,224,245 (1,305,483) 1,441,207

Summary of funds - prior year

22. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted Restricted Restricted Total
funds . funds funds
2025 2025 2025
£ £ £
Tangible fixed assets 58,023 913,557 971,580
Current assets 364,255 169,840 534,095
Creditors due within one year (19,083) (28,748) (47,831)
Difference (1) - 1
Total 403,194 1,054,649 1,457,843

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VINE CENTRE LIMITED -

‘

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

22. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Unrestricted Restricted Total
funds funds funds
2024 2024 2024
£ £ £
Tangible fixed assets 61,078 948,264 1,009,342
Currentassets 314,414 143,890 458,304
Creditors due within one year (14,426) (12,013) (26,439)
Total 361,066 1,080,141 1,441,207

23. Reconciliation of net movement in funds to net cash flow from operating activities

.

)

:

2025 2024
; £ £
Net
income/expenditure		 for the year (as per Statement of Financial
Activities) 16,636 (81,237)
Adjustments for:
Depreciation charges 38,273 39,100
Decrease/(increase) in debtors (43,226) 37,829
Increase/(decrease) in creditors 21,391 (12,309)
Net cash provided by/(used in) operating activities 33,074 (16,617)
Analysis ofcash and cash equivalents
2025 2024
£ £
Cash in hand 431,273 398,709
Totalcashandcashequivalents 431,273 398,709

24. Analysis of cash and cash equivalents

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)

VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

25. Analysis of changes in net debt

At 1 April At 31 March
2024 Cash flows 2025
£ £ £
Cash at bank and in hand 398,709 32,564 431,273
, Bank overdrafts repayable on demand (7,025) (17,933) (24,958)
391,684 14,631 406,315

26. Pension commitments

The charitable company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. The pension cost charge represents contributions payable by the charitable company to the fund and amounted to £10,999 (2024: £11,540). At the year end, the amount outstanding to the fund was E£Nil (2024: ENil).

27. Operating lease commitments

At 31 March 2025 the charitable company had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

2025 2024
£ £
Not later than 1 year . 209 502
Laterthan 1 year and not later than 5 years - 209
209 711

The following lease payments have been recognised as an expense in the Statement of Financial Activities:

2025 2024
, £ £
Operating lease rentals 502 502

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ee |

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VINE CENTRE LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

28. Related party transactions

During the year, there were no related party transactions.

29. Controlling party

The charitable company is controlled by the Board of Trustees.

30. PAASE disclosure

—_

In common with many other businesses of this size and nature, we use our auditors to assist with the preparation of the financial statements.

31. Post balance sheet events

The Trustees have assessed events occurring after the reporting period and concluded that there are no adjusting or non-adjusting events requiring disclosure in the financial statements.

(

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