ViDeyard Church DuDgannon Trustees, Report The trustees present the annual report together with the fmancia] statements of the charity for the year ended 31 December 2022. Objectives and activities Pmblie benefit Through weekly Sunday community celebrations family stability and well bein8 8re achieved. The food bank provides relief for those in need. Support and advance education is provided to children through an afterschools service and youth club. The significant giving provides us WTth the opportimity to provide &58i8tance to OFC. refugee crisis and to GFM in Indi The trustees confirni that they have complied with the requirements of the Charities Act (Northern Ireland) 2008 to have due regard to the publi¢ benefit guidanc¢ published by the Clwity Commission for Northern Ireland. As Trustees. our primary responslbility is for the sound financial and legal management of the church, helping to have a firn b&8e on which the real work can take pla¢e. From the trnstees In 2022 we set out to strengthen our ministries. We spent the early part of the year gathering OUT children and youth volunteers to encourage them and do safeguarding trdining for our leaders. We also increased our social gathering5 with ladies and men's events throughout the year. COMPASSION AT THE VINEYARD In 2022 we experienced yet another spike in demand for our Foodbank. 6287 people received food and other necessities. 729 volunteeer days were donated. Th¢ Foodbank distribut¢d over £ 91.500 worth of food essentials. OUTWARD In June 2023 we gathered volunteers to Give a Day to Dungannon. This consisted of 40 volunteers showing up together. young and old and 5eTving the tom in Practical ways. OUTWARD FOCUSED CHRISTMAS Outward Focused Cbristmas 2022 was another busy Chrt5tmas distributing lux hampers to our local community. Along with our weekly foodbank service, we put together over 380 hampers to give to those most in need through referrals from all our partner agencies, STEP. Women's Ai(L BCM, Social Work team5, First St¢p Women's Centre. De Paul Hostel. local GP'S and others. On 22nd December wc provided 60 Christmas meals for foodbank guests on our premises. Page 2
Vineyard Church Dllngannon Trustees, Report (continued) Structurei governance and management FiDanciAI Instruments Objectives andpolici The charity's aetivities expose it to a number of financial risks including credit risK ¢&sh flow risk and liquidity risk. The use of financial derivatives is governed by the charity's policies approved by the board of tnJ5tees. which provide written principles on the e of fmancial derivatives to manage these risks. The charity does not Use derivative fmancial instruments for speculative purposes. Credit risk The charity's principal financial assets are bank balances and cas14 The credit risk on liquid fi)nd5 is limited d The charity ha8 no stgnificant concentration of credit risK Llqmidity riik In order to maintain liquidity to ensure that sufficient fimds are available for ongoing operations and future developments, the charity uses a mixture of long-terni and short-t¢rn] debt finance. Further details regarding liquidity risk can be found in the Statement of UntIng polici&4 in the financial statements. ual report was approved by the tru5tee5 of tbe charity on I I September 2023 and sied on its behalf by: Ja50n Scott stee Page 3