2024-08-31-accounts - Lagan Valley Vineyard Church

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	Pago
ReportoftheTrustees	1to6
ReportoftheindependentAuditors	7to9
StatementofFinancialActivities	10
BalanceShoot	11
CashFlowStatement	12
NotestotheCashFlowStatement	13
NotestotheFinancialStatoments	14to20
DetailedStatementofFinancialActivities	21

				31.8.24	31.8.23
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
INCOMEANDENDOWMENTSFROM
Donationsandlegacies	2	673,786	62,193	626,978	1,045,382
InvestmentIncome	3	120	8,086	8,208	3,031
Total		673,905	60,278	034,184	1,048,413
EXPENDITUREON
Charitableactivities	4
Children'sMinistry ChurchSupport CompassionCoats ConnectionCosts EquipmentCosts MissionContributions Depredation OfficeCosts PathwayCosts ChurchServices StaffCosts Tribe ChurchUtilities WorshipCosts		49,681 17,268 22,340 4,228 3,222 31,602 22,292 688 14,082 294,476 650 100,081 2,812	- - - 490 - 38,940 1,418 - - - - -	40,651 17,268 22,340 4,228 3,712 31,602 38,940 23,710 688 14,082 284A76 860 100,981 2,812	33,094 13,248 29,209 39,931 6,775 693 7,912 25,825 631 18,481 274,450 77,856 1,481
Other		-	1,440	1,440	1,440
Total		684,183	42,288	608,471	530,705
NETINCOME Transfersbetweenfunds	14	9,722 21,285	17,081 (21,286)	27,713	517,708
Netmovementinfunds		31,007	(3,294)	27,713	517,708
RECONCILIATIONOFFUNDS
Totalfundsbroughtforward		139,741	084,767	824,608	306,800
TOTALFUNDSCARRIEDFORWARD		170,748	881,473	852,221	824,608

BALANCESHEET 31AUGUST2024
		31.8.24	31.8.23
	Notes	£	£
FIXEDASSETS
Tangibleassets	10	649,004	68,181
CURRENTASSETS
Debtors	11	8,848	652
Cashatbank		216,781	780,081
		224,629	780,633
CREDITORS
Amountsfallingduewhhlnoneyear	12	(21,412)	(24,306)
NETCURRENTASSET'S		203,217	756,327
TOTALASSETSLESSCURRENTLIABILITIES		852,221	824,608
NETASSETS		852,221	824,508
`FUNDS`	`14`
Unrestrictedfunds		170,748	139,741
Restrictedfunds		681,473	684,767
TOTALFUNDS		862,221	824,508

FOR	THEYEARENDED31AUGUST2024	THEYEARENDED31AUGUST2024
1.	RECONCILIATIONOFNETINCOMETONETCASHFLOWFROMOPERATING		ACTIVITIES
			31.8.24	31SM
	NetIncomeforthereportingperiod(aspartheStatementofFinancial
	Activities)		27,713	517,708
	Adjustmentsfor.
	Depredationcharges		38,940	7,912
	Interestreceived		(8,208)	(3,031)
	(Increase)/decreaseindebtors		(8,296)	8,447
	(Decrease)AncresseIncreditors		(2,894)	24,037
	Netcashprovidedbyoperations		47,287	655,073
2.	ANALYSISOFCHANGESINNETFUNDS
		At1.9.23	CashRow	At31.8.24
	Netcash
	Cashatbank	780,081	(664,300)	216,781
		780,081	(684,300)	216,781
	Total	780,081	(684,300)	216,781

FO 2.	RTHEYEARENDED31AUGUST2024 DONATIONSANDLEGACIES
		31.8.24	31.8.23
	Donatlons Giftaid WTCCommission	639,693 77,722 8,663	883,849 153,193 8,540
		626,978	1,046,382
3.	INVESTMENTINCOME
		31.8.24	31.8.23
	Depositaccountinterest	8,208	3,031
4.	CHARITABLEACTIVITIESCOSTS
			Direct
			Costa
			IE
	Children'sMinistry ChurchSupport CompassionCosts ConnectionCosts EquipmentCosts MissionContributions Depredation OfficeCosts PathwayCoats ChurchServices StaffCosta Tn'be ChurchUtllfttes WorshipCosts		49,861 17,268 22,340 4,229 3,712 31,602 38,940 23,710 688 14,082 294,478 650 100,981 2,812
6.	SUPPORTCOSTS
			Governance
			costs
	Otherresourcesexpended		1,440
6.	NETINCOMEI(EXPENDITURE)
	Netinoomat(expenditure)Isstatedafterchargingl(creditfng):
		31.8.24	31.8.23
	Auditors'remuneration Depredaffon-ownedassets	1,440 38,040	1,440 7,911

STAFFCOSTS
	31.8.24	31.8.23
Wagesandsalaries Otherpensioncosts	£ 283,243 6,044	£ 255,648 4,442
	288,287	269,990
Theaveragemonthlynumberofemployeesduringtheyearwasasfollows:
Pastors Music Admin Coordinators	31.8.24 8 2 6	31.6.23 3 1 10 -
	12	14

COMPARATIVESFORTHESTATEMENTOFFINAN	CIALACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOMEANDENDOWMENTSFROM	£	£	£
Donationsandlegacies	478,633	5W,549	1,045,382
Investmentincome	-	3,031	3,031
Total	478,833	569,680	1,048,413
EXPENDITUREON
Charitableactivities
Children'sMinistry ChurchSupport CompassionCosts ConnectionCosts EquipmentCosts MissionContributions Depredation OfficeCosts PathwayCosts ChurchServices taff S costs ChurchUtilities WorshipCosts	33,024 13,248 37,381 3,175 693 20,980 531 531 17, 274,450 71,030	70 29,209 2,550 3,600 7,912 4,845 638 - 2,625	33,094 13,248 29,209 39,931 6,776 693 7,912 25,826 6313 1 18,431 274,450 771,866
Other	1.440	-	1,440

FOR	THEYEARENDED31AUGUST2024
9.	COMPARATIVESFORTHESTATEMENTOFFINANCIAL	ACTIVITIES•continued
		Unrestricted	Restricted	Total
		funds	funds	funds
	Total	479,365	51,350	530,705
	NETINCOMEI(EXPENDITURE)	(522)	518,230	517,708
	Transfersbetweenfunds	60,447	(60,447)	-
	Notmovementinfunds	59,925	457,783	517,708
	RECONCILIATIONOFFUNDS
	Totalfundsbroughtforward	79,816	226,984	308,800
	TOTALFUNDSCARRIEDFORWARD	139,741	684,767	824,508
10.	TANGIBLEFIXEDASSETS
		Improvements	Fbdums
		to	and
		property	fittings	Totals
	COST
	At1September2023 Additions	140,777 811,004	10,876 8,769	167,363 619,763
	At31August2024	761,781	25,336	777,118
	DEPRECIATION
	At September2023 Chargeforyear	77,743 38,864	11,429 2,086	89,172 38,940
	At31August2024	114,697	13,616	128,112
	NETBOOKVALUE
	At31August2024	837,184	11,820	649,004
	At31August2023	63,034	6,147	68,181
11.	DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR
			31.8.24	31.8.23
	Otherdebtors PrepaymentsandaccruedIncome		5,816 3,032	552
			8,848	652

12.	CREDITORS:AMOUNTS`FALLINGDUEWITHIN`	`ONE`YEAR
				31.8.24	31.8.23
	Socialsecurityandothertaxes Othercreditors Accrued			£ 8,003 2,100 10,309	£ 2,146 17,612 4,648
				21,412	24,306
13.	ANALYSISOF`NET`ASSETS`BETWEENFUNDS`
				31.8.24	31.8.23
		Unrestriclad funds	Restricted funds	Total funds	Total funds
	Fixedassets Currentassets Currentliabilities	6,613 183,673 (18,638)	643,391 40,968 (2,874)	849,004 224,629 (21,412)	68,181 780,633 (24,306)
		170,748	681,473	862,221	824,609
14.	MOVEMENTIN`FUNDS`
			Net	Transfers
		At1.9.23	movement Infunds	between funds	At 31.8.24
	Unrestrictedfunds	£	£	£	£
	Generalfund	139,741	9,722	21,286	170,748
	Restrictedfunds
	Building	884,787	17,991	(21,286)	681,473
	TOTAL`FUNDS`	824,608	27,713	-	862,221
	Netmovementinfunds,IncludedIntheaboveareas	follows;
			Incoming	Resources	Movement
	Unrestrictedfunds		resources £	expanded £	Infunds £
	Generalfund		573,905	(804,183)	9,71"1
	Restrictedfunds
	Building		80,279	(42,288)	17,891
	TOTAL`FUNDS`		634,184	(008,471)	27,713

HEYEARENDED31AUGUST202 MOVEMENTINFUNDS-continued Comparativesformovementinfunds	4
		Not	Transfers
		movement	between	At
	At1.0.22	Infunds	funds	31.8.23
UnmBWatedfunds
Generalfund	79,816	(522)	60,447	139,741
ResWetedfunds
Building Compassion	195,555 31,429	534,817 (16,587)	(45,605) (14,842)	684,767 -
	226,984	518,230	(60,447)	684,767
TOTALFUNDS	306,80D	617,708		824,508
ComparativenetmovementInfunds,includedIntheaboveareas		follows:
		Incoming	Resources	Movement
		resources	expended	infunde
Unrestrictedfunds
Generalfund		478,833	(479,355)	(522)
Restrictedfunds
Building Compassion		556,958 12,622	(22,141) (29,209)	534,817 (16,587)
		569,580	(51,350)	518,230
TOTALFUNDS		1,048,413	(530,705)	517,708

Acurrentyear12monthsandprioryear12monthscombinedposition	Acurrentyear12monthsandprioryear12monthscombinedposition	is89follows:
		Net	Transfers
		movement	between	At
	At1.9.22	infunds	funds	31.8.2,4
Unrestrictedfunds
Generalfund	79,816	9,200	81,732	170,748
Restrictedfunds
Building Compassion	195,556 31,429	652,808 (16,587)	(66,890) (14,842)	681,473 -
	226,984	536,221	(81,732)	681,473
TOTALFUNDS	306,800	545,421	_	852,221

Acurrentyear12monthsandprioryear12 follows:	monthscombinednetmovementInfu	nds,includedInt	heaboveare
	Incoming	Resources	Movement
	resources	expended	Infunds
Unrestrictedfunds
Generalfund	1,052,738	(1,043,638)	9,200
Restrictedfunds
Building Compassion	617,237 12,822	(64,429) (29,209)	552,808 (16,587)
	629,869	(93,638)	636,221
TOTALFUNDS	1,682,597	(1,137,176)	545,421

INCOMEANDENDOWMENTS
Donationsandlogaclos
Donations Olitaid WTCCommission	539,693 77,722 8,683	883,649 153,193 8,540
	925,978	1,045,382
InvestmentIncome
DepositaccountInterest	8,206	3,031
Totalincomingresources	634,184	1,048,413
EXPENDITURE
Charitableactivities
Wages Pensions Telephone Postageandstationery Childrenandyouthministry VCUKI Compasslon Connection Equip Mission Suppliesandequipment Pathways Professionalfees Services Otherstaffexpenses Tribe Venuecosts Worshipproduction Propertyrepairs Improvementstoproperty Fixturesandfittings	263,243 5,044 2,122 477 49,651 17,258 22,340 4,229 3,712 31,602 6,203 688 12,814 14,082 28,169 650 100,981 2,812 2,094 36,854 2,088	265,548 4,442 1,788 1,619 33,094 13,248 29,209 39,931 6,775 693 8,130 531 10,812 18,481 14,460 77,655 1,481 3,476 7,004 908
	606,031	629,265
Supportwets
Governancecosts
Auditors'remuneration	1,440	1,440
Totalresourcesexpended	600,471	630,705
NetIncome	27,713	517,708