fs )atton cftuuorn &2uted Chartered Accountants and Registered Auditors REGISTERED COMPANY NUMBER: N1613214 (Northern Ireland) REGISTERED CHARITY NUMBER= 102556 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 FOR THE LAKES VINEYARD CHURCH Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen Co. Fennanagh BT74 7BT CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered lo carry out audit work and regulated lor a rango of investment business activities in Ihe Uniied Kingdom by the Inslilule ol Chartered Accounlanls in Ireland THE LAKES VINEYARD CHURCH CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2023 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7 to 12 Detailed Statement of Financial Activities 13 to 14 THE LAKES VINEYARD CHURCH REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2023 The trustees who are a150 directors of the charity for the purposes of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)- OBJECTIVES AND ACTIVITIES Objectives and aims The charity's objectives are for the public benefit and are restricted to the following-" (a) to advance the Christian Faith in accordance with the statement of beliefs (b) to further Christian education (c) to relieve sickness. financial hardship and poverty and to promote and preserve good health by provision of funds, goods or services of any kind, including through the provision of counselling trdining in life skills and support (d) to further or benefit the residents of Enniskillen and surrounding area without distinction of sex, sexual orientation, race or political, religions or other opinions by associating togeiher the said residents, and the local authorities, voluntary and other organisation5 in a common effect to provide facilities in the interest of social welfare for recreation leisure time occupation with objectives of improving conditions of life for the residents. These objectives are to be Carrted out in such part of Enniskillen. the United Kingdom or the world so the Trustees may from time to time think fit. Significant activities The main activities are as follows:_ Sunday morning services are held at Cross Street, Enniskillen. This year The Lakes Vineyard Church and Enniskillen Foodbank have had a more collaborative experience with other charities and agencies in ihe county than ever before. We have worked alongside more than 80 agencies this year and have signposted many clients to other groups who specialiase in other areas to ourselves. Along with the support of the general public we have supported over 6,000 people with food and baby products. As of December 2023, we were up on our distribution on the previous year. It is an honour and a privilige to serve our community and we look fonvard to continuing our work into the following year. Public benefit The Trustees seek to ensure that the Public benefit requirement is considered and The Lakes Vineyard Church facilitates the advancernent of the Christian Religion having due regard to the Charity Commission guidaThce on public benefit. FINANCIAL REVIEW Financial review The results for the year ended 31 March 2023 are set out on pages 4 and 5 of the financial statements. The Church is reliant on the voluntary gifts and donations from its donors. The total income for the year ended 31 March 2023 amounted to £76.038 (2022:£43,005). The total expenditure was £61.792 (2022:£55.751) The Trustees consider that the unrestricted fund of the charity is sufficient and adequate to fulfil their obligations. The charity held £37.515 in cash reserves at the year end (2022..£21,599). Reserves policy The income of the Church is considered adequate and the risks associated with any significant reduction in income is regarded as unlikely. The Trustees are satisfied with the cu￿ent level of reserves at the present time. The Trustees are reviewing the Reserves Policy in the current year. Page I THE LAKES VINEYARD CHURCH REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2023 FINANCIAL REVIEW Going concern The trustees are of the opinion thai the church has suificient resources at the date of approval of these financial statements, to meet conunitments which will arise in the following year from the date of Signing this report and subject to the continuing support from church members to ￿nd on an on going basis the church's current activities and other financial commitments. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company is also recognised as a charity by H M Revenue and Customs (46710 16762). The company was incorporated on 14 June 2012 and registered with the Charity Commission for Northern Ireland on 9 June 2015. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number N1613214 (Northern Ireland) Registered Charity number 102556 Registered office Rev J W Shades Beech Lodge 36 Enniskillen Road Ballinamallard Co. Fermanagh BT94 2BD Trustees Rev J W Shades RevA T E Quill Miss S Loane (appointed 1.4.22) Independent Examiner Mr5 S Stenson FCA Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen Co. Fennanagh BT74 7BT Bankers Danske Bank 18 Ballymoney Road Ballymena Co. Antrim BT43 5BY Approved by order of the board of trustees on 22 March 2024 and signed on its behalf by: Rev J W Shades - Trustee Page 2 o)o