Charity registration nurnber.. 104612
Vineyard Church Dungannon
AnT]ual Report and Financial Statements
for the Y¢ar Ended 31 December 2023
Thomas Oliver and Associates Limited
Certified Publtc Accountant
l Moygashel Mills Park
Dungannon
Co Tyrone
BT717DH

Vineyard Church Dungannon
Contents (continued)
Reference and Adrninistrative Details
Trustees, Report
2to3
Statement of Trustees, Responsibilities
Independent Examinevs Report
5t06
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t015

Vineyard Church Dungannon
Reference and Administrative Details
Tru5tee5
Mr Andrew Masters
Mr Jonathan Birnie
Mr Thomas Bailey
Paula Kelly
David Moore
Keith WaTwick
Charity Registratlon Number
104612
Principal Office
Alexander House
Main Street
Moyoashel
Co Tyrone
BT717QS
Thomas Oliver and Associates Limited
Certified Public Accountant
l Moygashel Mills Park
Dungannon
Co T)Tone
BT717DH
Independent Examiner

Vineyard Church Dungannon
Trustees, Report
The trustees present th¢ annual Teport together with the financial statern¢nts of the charity for the year ended 31
Decemb¢r 2023.
Objectives 2nd activities
Public benef
Through weekly Sunday community celebrations family stability and well being are achieved. The food bank
provides relief for those in need. Support and advance education is provided to children through a seTvice on Sunday
and youth club. The significant giving provides us with the opportunity to provide assistsnce to the foodbank.
refugee crisis and to India.
The twstees conflllll that they have complied with the requirements of the Charities Act (Northem Treland) 2008 to
have due regard to the public b¢nefit guidance published by the Charity Commission for Northern Ireland.
As trustees, our primary responsibility is for the sound financial and legal management of the church, creatin
foundation from which the ministri¢s of the church can function.
From the trustees
2023 has been a challenging year for Vineyard Church Dungannon. The church continued to recover frorn the Covid
pandemic, and we expeTienced significant extra demands for pastoral care, and practical help ana support.
2023 also saw OUT Senior Pastors resign from theiT Post after 20 years leading the church. They provided the church
with six months notice of them stepping down which was intended to enable the t￿SteeS to search for a replacement.
Two rounds of recruitment were operated, and on both occasions the church had credible candidates who were
interviewed. On both occasions, however. no person was appointed, and a5 of Decernber 2023. it was agreed that a
Senior LeadeTship Team would manage the day to day activity of the church. whilst the tnjstees would continue in
their oveTsight Tole, ensuring legislative compliance.
Our Associate Pastor decided not to take the role of Senior Pastor and stepped down and left the church in
December 202J.
Despite the challenges, the church continued to function and to dellver against its stated aims.
Compassion at the Vineyard
In 2023 we continued to see significant demand at our compassion ministy. Over 7500 individuals Teceived
support, including food and household items from Dungannon Foodbank. A 200/0 incre&s¢ from 2022.
The food bar￿ operated thanks to the equivalent of 559 volunteer days. It distrtbuted food and household essentials
to a retail value of £115 000.
Outward focus and serving
In June 2023 we gathered volunteers to Give a Day to Dungannon. This consisted of 54 people. of all ages, serving
the town in practical ways. through sign cleanin& litter picking, paintints and maintenance at local facilities.
Outward Focussed Christmas
Page 2

Vineyard Church Dungannon
Trustees, Report (continued)
Outward Focussed Christmas 2023 was another busy Christmas distributing luxury hampers to ow local corntnunity.
Along with our weekly food bank service, we put together 260 hampers to give to those most in need, through
referrals from our local partners" SuTe Start. STEP,. Women's Aid, Causeway & Mid-Ul5ter; Family Intervention
Team. First Step Women's Centre. PSNI. Clernen Cuthbertson (Councillor). and De Paul Hostel.
On 21 December 2023 we PTovided 65 Christmas meals for food bank guests on our premises.
Structure? governsnce and management
Financial instruments
Objectives andpolicies
The charity's activities expose it to a number of financial risks including credit risk, c&sh flow risk and liquidity risk.
The use of financial derivatives is governed by the charity's policies approved by the board of trustees, which
provide ￿Titten principles on the use of financial deTivatives to manage these Tisks. The charity does not use
derivative financial instnunents for speculative purposes.
Credit risk
The charity's principal financial assets are bank balances and cash. The credit risk on liquid fl￿dS is limited d
The charity has no significant concentration of Credit risK
Liquldity risk
order to rnaintain liquidity to ensure that sulricient funds are available for ongoing operations and fvture
developrnents, the chartty uses a mixtsjre of long-terni and short-tern] debt fmance.
Further details regarding liquidity risk can be found in the StaterneDt of accounting policies in the financial
statements.
The annual report was approved by the trustees of the charity on 16 October 2024 and signed on its behalf by:
Jonathan Birnie
stee
Page 3

Vineyard Church Dungannon
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the
United Kingdom Accounting Standards (United Ktngdom Generally Accepted Accounting Practice) and applicable
law and regulations.
The law applicable to charities requiTes the trustees to prepare financial statements for each fmancial year which
give a true and fair view of the state of affairs of the charity and of the incoming resources and application of
resources of the charity for that period. In preparing these fmancial 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 accounting standards have been followed, subject to any material departures disclosed
and explainea in the financial statements. and
prepaTe the fmancial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in business.
The trustees are responsible for ke¢ping proper accounting 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
Charities Act (Northern Ireland) 2008, the applicable Charitie5 (Accounts and Reports) Regulations, and the
provisions of the constitution. The trustees are also responsible for safeouarding the assets of the chaTity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and fmancial information included on
the charitable company's website. Legislation governing the preparation and dissemination of financial statements
may differ frorn legislation in other jurisdictions.
Approved by the trustees of the charity on 16 October 2024 and signed on its behalf by:
r Jonathan Birnie
rustee
Page 4

Vineyard Church DungaDnon
Independent Examiner's Report to the trustees of Vineyard Church Dungannon
report to the trustees on my examination of the accounts of Vineyard Church Dungannon for the year ended 31
December 2023.
Responsibilities and basis of report
As the charity's t￿Stee5 of Vineyard Church Dungartnon you aTe responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act (Northern Ireland) 2008.
It is my responsibility to
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under section 65(9){b) of the
Charities Act
state whether particular rnatteTS have corne to my attention
Basis of independent examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and rny examination was
carried out in accordance with the general directions g?ven by the Charities Commission for Northern Ireland under
section 65 (9)(b) of the Charities Act.
My examination included the review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and
seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attentions giving me cause to believe:.
l That accounting records were not kept in accordance with section 63 of the Charities Act
2 That the accounts do not accord with those accounting records
3 That the accounts do not comply with the accounting requirements of the Charities Act
4 That there is firther infomation needed for a proper understanding of the accounts to be reached.
Page 5

Vineyard Church Dungannon
Independent Examiner's Report to the trustees of Vineyard Church Dungannon
(continued)
Independent examiner's ststement
I have completed my examination and have no concerns in respect of the rnatters (l) to (4) listed above and, in
connection with the following Directions of the Charity Commission for Northem Ireland. I have found no matters
that require drawing to your attention.
Thorn￿ O
a¥epand Afsociates Limited
Certif1ed Public Accountant
l Moygashel Mills Park
Dungannon
Co Tyrone
BT717DH
16 October 2024
Page 6

Vineyard Church Dungannon
Statement of Financial Activities for the Year Ended 31 December 2023
Unrestricted
funds
Restricted
funds
Total
2023
Note
Income and Endowtnents from:
Donations and legacies
110,430
118,416
228,846
Total income
110.430
118,416
228.846
Expenditure on:
Other expenditure
(102,787)
(88,332)
(191,119)
Total expenditure
(102.787)
(88,i32)
(191,119)
Net income
7,643
30,084
37,727
Net mov¢rnent in fimds
7,643
30,084
37,727
Reconciliation of funds
Total fimds brought fonvaTd
Total funds carried fonvaTd
71,890
101,814
173.704
79,533
Unrestricted
funds
131,898
Restricted
funds
211,431
Tot81
2022
Note
Incom¢ and Endowments from:
Donations and legacies
Total income
110,548
126,527
237.075
110,548
126,527
227,075
Expenditure on:
Other expenditure
(144,893)
(101.009)
(245,902)
Total expenditure
(144.893)
{101,009)
(245,902)
Net (expenditure)lincorne
(34,345)
25,518
(8,827)
Net movement in funds
(34,345)
25,518
(8.827)
Reconeiliation of funds
Total funds brought fonvard
106.235
76,296
182.531
Total funds Ca￿led forward
71,890
101,814
173,704
All of the charity's activities derive from continutng operations during the above two periods.
The funds breakdown for 2022 is shown in note I l.
The notes on pages 9 to 15 forn] an integral part of these financial statements.
Page 7

Vineyard Church Dungannon
(Registration number: 104612)
Balance Sheet as at 31 December 2023
2023
2022
Note
Current assets
Debtors
C&sh at bank and in hand
15.429
200,648
12,033
165,399
l77,432
216,077
Creditors: Amounts falling due within one year
io
(4.646)
(3,728)
Net assets
211,431
173,704
Funds of th¢ charity:
Restricted income funds
Restricted funds
131,898
101,814
Unrestricted income funds
Unrestricted funds
79,533
71,890
Total funds
211,4Jl
173,704
The financial statements on pages 7 to 15 were approved by the trustees, and authorised for issue on 16 October
2024 and signed on their behalf by..
onathan Birnie
stee
The notes on patses 9 to 15 forni an intetrral part of these financial statements.
Page 8

Vxneyard Church Dungannon
Notes to the Financial Statements for the Year Ended 31 December 2023
l Accounting policies
Statement of Compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of
Recomrnended Practice issued in October 2019, the Financial Reporting Standard applicabl¢ in th¢ United Kingdom
and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basi5 of preparation
Vineyard Church Dungannon meets the definition of a public benefit entity under FRS 102. The accounts (financial
stat¢ments} have been prepared under the historical cost convention with items recognised at cost or transaction
value unless otherwise stated in the relevant note(s) to these accounts.
Going coneern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a goincr
concern.
Income and endoivments
Voluntary incon]e including donations, gifts, l¢gacies and grants that provide core funding or aTe of a general nathre
is recognised when the charity has entitlement to the income, it is probable that the income will be received and the
amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when Teceipt is probable and the amount can be reliably
rneasured.
Grants recelvable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the orant5 have
been rnet. Where perforniance conditions are attached to the grant and are yet to be rnet. the incorne is recognised as
a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditUTe is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement TS required and the amount can be measured reliably. All costs are allocated to the applicable expenditure
heading that aggregate sitnilar costs to that category. Where cost5 cannot be directly attributed to particular headings
they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the
basis of time spent, and depreciation Charges allocated on the portion of the asset's use. Other support costs are
allocated based on the spread of staff costs.
Page 9

Vineyard Church Dungannon
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it
meets the def￿ltiOn of a charitable company for UK cory)oration tax purposes. Accordino5y, the charity is potentially
exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I I
of the CoTporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that
such incorne or gains are applied exclusively to charitable purposes.
Depreciation and amortisation
Depreciation is provided on tangible f￿ed assets so as to NsTite off the cost or valuation, less any estimated residual
value, over their expected use￿1 economic life as follows..
A55et class
Fixtures and fittings
Depreciation method and rate
250/0 straight line
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfornied in the OTdinary course of
business.
Trade debtors are reco.(mised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for irnpairnient. A provision foT the impainnent of trade debtors is
established when there is objective evidence that th¢ charity will not be able to collect all amounts due according to
the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call dep051ts, and other short-term highly liquid investments
that are readily convertible to a kno￿￿ amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
are obligations to pay for goods or services that have been acquired in the ordinary course of business from
suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end
of the reporting period. to defer settlement of the creditor for at least twelve months afteT the reporting date. If there
is an unconditional right to defer settlement for at least twelve months after the reporting date, they aTe presented 85
Thon-cu￿ent liabilities.
are recognised initially at the transaction PTice and subsequently measured at amortised cost using the effective
interest method.
Page 10

Vineyard Church Dungannon
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings
are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the
amount due on redernption being recognised as a charge to the Statem¢nt of Financial Activitie5 over the period of
the relevant borrowing.
Interest expense is recognised on the basis of the effective interest rnethod and is included in interest payable and
similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the
liability for at least twelve months afteT the reporting date.
Fund structure
Unrestricted income fimds are general funds that are available for use at the tNst¢¢s discretion in furtherance of the
objectives of the charity.
Restricted incorne funds are those donated for use in a particular area or for specific pU￿Oses, the use of which is
restricted to that area or purpose.
2 Income from donations and legacies
Unrestrieted
funds
General
Restricted
funds
Total
funds
Donations and legacies.
Donations from individuals
Legacies
Gift aid reclaimed
Grants, including capital grants.
Grants from other agencies
Regular giving and capital donations
Total for 2023
7,000
I,670
15,428
23,953
30,953
1,670
15.428
94,463
94,463
86,332
110,430
118,416
228,846
Tolal for 2022
110,548
126,527
237,075
Page 11

Vineyard Church Dungannon
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
3 Other expenditure
Unrestricted
fund5
General
Restricted
funds
Total
funds
Note
Staff costs
Wages and salaries
Pension costs
Independ¢nt examiner fees
Examination of the financial statements
Trustees remuneration and expenses
Other resources expended
35,049
1.008
35,049
1,008
846
31,182
34,702
846
31.182
123,034
88,332
Total for 2023
102,787
191,119
Total for 2022
144,893
101,009
245,902
4 Trustees remuneration and expenses
DuTing the year the charity made the following transactions with trustees:
Mr Jason Scott
Mr Jason Scott received remuneration of £29.960 (2022: £35.247) during the year.
No trustees have received any reirnbursed expenses OT any other benefits from the charity during the year.
5 Staff costs
The aggregate payroll costs were as follows..
2023
2022
Staff costs during the year were:
Wages and salaries
Social security cost5
Pension costs
35.049
48.051
881
1,215
1,008
36,057
50,147
No ernploy¢e received ernoluments of more than £60,000 during the year
Page 12

Vineyard Church Dungannon
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
6 Independent examiner's remuneration
2023
2022
Examination of the financial statements
846
1,074
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Debtors
2023
2022
Other debtors
15,429
12,033
9 Cash and cash equivalents
2023
2022
Cash at bank
200,648
165,399
10 Creditors: amounts f211ing due within one year
2023
2022
Trade creditOTS
Other taxation and social security
Other creditors
1,920
273
2,453
52
3,668
4,646
3,728
Page 13

Vineyard Church Dungannon
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
11 Funds
Balance at 31
Deeernber
2023
Balance at I
January 2023
Incoming
resources
Resources
expended
Unrestricted funds
General
71,890
110,430
(102,787)
(88,332)
79,533
Restricted funds
101,814
118,416
lJl,898
Total funds
173,704
228,846
(191,119)
211,431
Balanee at 31
December
2022
Balance at I
January 2022
Incoming
resources
Resources
expended
Unrestricted funds
General
I06,235
110,548
{144,893)
(101,009)
71,890
Restricted funds
76,296
126,527
101.814
Total funds
182,531
237.075
(245,902)
173.704
12 Analysis of net assets between funds
Unrestricted
funds
General
Total funds at
31 December
2023
Cu￿ent assets
Cu￿ent liabilities
216,077
(4,646)
216.077
(4,646)
Total n¢t assets
211,431
211,4Jl
Unrestricted
funds
General
Total funds at
31 December
2022
Cu￿ent assets
Current liabilities
177.432
(3.728)
173,704
177,432
(3.728)
Total net assets
173,704
Page 14

Vineyard Church Dungannon
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
13 Analysis of net funds
At31
December
2023
At l January
2023
Financing cash
flows
Cash at bank and in hand
165,399
35,249
200,648
Net debt
165,399
35,249
200,648
Page 15