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.
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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 si￿ed on its behalf by:
Ja50n Scott
stee
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