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2025-08-31-annual-return

Company Registration Number: NI619487 Charity Number: 104751

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital)

Annual Report and Audited Financial Statements

for the financial year ended 31 August 2025

Finegan Gibson Ltd Chartered accountants and Registered auditors 2nd Floor Causeway Tower 9 James Street South Belfast Antrim BT2 8DN Northern Ireland

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) CONTENTS

Page
Reference and Administrative Information 3
Trustees' Annual Report 4 - 6
Statement of Trustees' Responsibilities 7
Independent Auditor's Report 8-10
Statement of Financial Activities 11
Balance Sheet 12
Statement of Cash Flows 13
Notes to the Financial Statements 14 - 20

2

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees

Mrs HR Lewis Mrs RH Major Mrs E Wilson (Resigned 11 September 2025) Mr JM Wilkinson Mr ARJ Masters Mr AP Wilson

Charity Number in Northern Ireland

104751

Company Registration Number NI619487 Registered Office and Principal Address

Ivan Shannon & Company, 39 Church Street, Ballynahinch Down BT24 8AF Northern Ireland

Auditors

Finegan Gibson Ltd Chartered accountants and Registered auditors 2nd Floor Causeway Tower 9 James Street South Belfast Antrim BT2 8DN Northern Ireland

3

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT

for the financial year ended 31 August 2025

The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the audited financial statements for the financial year ended 31 August 2025.

The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees.

In this report the trustees of Lagan Valley Vineyard Church present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 August 2025.

The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements.

Mission, Objectives and Strategy

Objectives

We are a local church based in the City of Lisburn, we exist to bring the life of Jesus to every person and every part of Lisburn and the Lagan Valley region. We exist to see those people and places discover and live in the fullness of God’s design and destiny for them, joining God in making all things new.

Public Benefit

Our objects of LVV are for public benefit and are restricted to the following:

a) to advance the Christian faith in accordance with the Statement of Beliefs (attached as a schedule to the Articles of Association) including but not by way of limitation through the planting of other Vineyard churches in such ways in Lisburn and such parts of the United Kingdom or the world as Trustees from time to time think fit;

b) to further Christian education in such parts of Lisburn, the United Kingdom and the world as Trustees may from time to time think fit;

c) to relieve sickness, financial hardship, and poverty and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling, training in life skills and support in such parts of Lisburn, the United Kingdom or the world as Trustees may from time to time think fit; and

d) to further or benefit the residents of Lisburn and the surrounding area without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education, foster cross community partnerships and to provide facilities in the interests of social welfare for recreation leisure time occupations with the objective of improving the conditions of life for the residents.

Activities

Ministry over the last year has continued to grow and develop across the whole church. For years, we have been praying that we would become a church of people who see visions and dream dreams. We continue to pray this, and we continue to see it come to life. We are seeing people make dreams that were long considered dead or unrealistic happen because of prayer. We are a people filled with living, breathing hope in God’s plan.

Opening the new building extension has given Lagan Valley Vineyard the space it needed to thrive. We have hosted baby exercise classes, cooking tutorials, work outreach days, business conferences, and so much more – including our own events. Weekly attendance continues to grow and during this year numbers have approached 700 in total between our two Sunday services. We have also seen an increase in the depth and hunger across our kids and youth environments, especially in the areas of worship and engaging with the scriptures. Right across our 0-18s spaces, our kids and young people are experiencing the presence of God and leaning into worship in profound ways. It also continues to be a real highlight to release volunteers from across the church into schools across the region several times a week with Alpha. This ministry continues to develop alongside our youth ministry.

MOVE is CIY’s summer residential event, internationally designed for 14 to 18 year olds which takes place in Ireland each year. It is an all-inclusive event that not only provides meals, lodging, activities and age intentional programming, but it also a place where young people can discover and embrace the Kingdom Work and purpose that God has called

4

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT

for the financial year ended 31 August 2025 them to. We were delighted to send over 60 teenagers to MOVE again in July 2025.

We also partnered this year again with OM to send a group of our youth on an overseas mission to Moldova to work with local churches and missionaries. This included practical serving and sharing the Gospel through kid’s camps. Our normal church ministry of small groups (‘Tribes’), acute pastoral care, weddings and funerals continued as normal this year. Tribes are the place we gather around the table to fellowship through feasting, read the ancient scriptures aloud, pray together and to practice the sacrament of communion through the breaking of bread and the drinking of the cup. The whole time being open to the work of the Spirit. There are a range of core groups that meet who follow centrally suggested teaching and discussion points based on the previous Sunday message but also interest groups (Marriage course, Fostering & Adoption, Justice, Prayer).

After a very successful launch and first year of ‘Compass’, our leadership and discipleship programme, a new cohort commenced their studies in September 2024. This year long discipleship course focuses on theology, training, and transformation, equipping students to bring Jesus’ life to every person and every part of the Lagan Valley. Each week Compass students gathered for two full days to focus on the three core areas of Kingdom identity, inheritance, and investment. This course is in partnership with WTC Theology.

On Wednesday mornings we host ‘Quiet Space’ which is open to anyone in the community to come and use. This initiative is to provide an opportunity for peace and a chance to connect with others in the middle of the typical busy week. This has become a thriving place for connection including people of all ages learning new skills and crafts from others and has grown week to week.

Our Compassion ministry has continued to pioneer “All Nations” which has grown to become an important safe place for people not born in Northern Ireland who find themselves living here. Activities have included community shared meals, day trips and picnics to foster new friendships and connection. We have seen incredible growth in the numbers since it started, with roughly 80-90 people meeting every week to cook, share, and grow together. Even though not all of these new friends are Christians, they still turn to our space as a welcoming and loving place. It’s been amazing to see how God is transforming their lives just by proximity to our building and our volunteers.

A key highlight of the year was our commissioning service for Heather Tourney to plant Wellspring Vineyard which took place in February 2025. This service included a time of prayer and ministry for Heather and the Wellspring Vineyard team along with collecting an offering. We are delighted that Wellspring Vineyard officially launched in Banbridge at the end of 2025.

We have also continued our friendship with St. Patricks Church in town and had the joy of having our carol service being hosted at the chapel which included welcoming many members of their congregation to celebrate with us. It is a special friendship, one that we continue to pray continues to grow and shape our nation.

We hosted our very first IN-HOUSE conference in March 2025 bringing together all our volunteers for a day of ministry and equipping. This was time for our teams to gather and take time to seek God, while taking a fresh look at our dream of a Church on Fire and a Valley Alive.

Nua held its fourth event in June 2025 with nearly 2,000 in attendance - this continues to be a partnership between LVV, Emmanuel Church and Centre 61 in Newcastle. Nua is a festival of feast, family and fire. It is a place where friends from different churches, networks, and communities have committed to come together with a unified desire to seek God for a fresh outpouring of His Holy Spirit on the island of Ireland. Nua continues to be a real highlight in the summer calendar of Lagan Valley Vineyard with our staff teams and volunteers heavily involved.

Strategy

Our plan is to continually seek to move forward with the objectives we have set out.

Rooted in the Lagan Valley but increasingly connected across Ireland, LVV continues to pursue opportunities to serve and strengthen the wider body of Christ throughout the island. Alongside our local ministry, LVV now regularly participates in and hosts all-Ireland conferences and supports inter-church initiatives across Ireland. The trustees believe this widening sphere of activity reflects the churches’ charitable purpose of advancing the Christian faith both locally and nationally.

We look forward to the continued development of our leadership programme, Compass, and the venue extension continues to provide us with opportunities to partner with other organisations and charities. We also plan to host Legacy in October 2025, the annual gathering of Irish Vineyard Leaders to worship, pray, and dream about the future together. We also intend on completing further construction work within our main building to maximise the seating space in the Auditorium.

Structure, Governance and Management

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Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT

for the financial year ended 31 August 2025

Governance

The Board of Trustees meet regularly throughout the year, and by careful analysis of management accounts considers if there are any major risks to the future and to ensure that the Charitable Company is a going concern. The Board of Trustees have assessed the major risks to which the Charitable Company is exposed, in particular those related to the operations and finances of the Charitable Company and are satisfied that systems are in place to mitigate any exposure, for example, internal control risks are minimised by the implementation of procedures outlined in our Finance Policy including authorisations for payments and segregation of duties. Policies and procedures are also in place to ensure compliance with health and safety of staff, volunteers, and visitors. These are reviewed periodically (at least annually) to ensure they continue to meet the needs of the Charitable Company.

Composition of the Board, Recruitment and Appointment of New Trustees

Regarding the appointment of Trustees, suitable candidates are considered on the basis of their skills, experience and involvement with the church. These candidates are discussed and agreed at a board meeting in advance of being invited to join. New Trustees receive appropriate induction and relevant training.

Financial Review

The results for the financial year are set out on page 11 and additional notes are provided showing income and expenditure in greater detail.

Financial Results

At the end of the financial year the charity has assets of £956,887 (2024 - £873,633) and liabilities of £33,007 (2024 - £21,412). The net assets of the charity have increased by £71,659.

Reserves Position and Policy

Reserves Policy

At the year end, the charity held total unrestricted reserves of £922,637, and free reserves of £279,272 available to support the charity’s general activities. The reserves policy is reviewed annually by the trustees as part of the budgeting and risk management process. It is the aim of Trustees, if possible, to maintain reserves equivalent to approximately two months of normal operating expenditure

Trustees

The trustees who served throughout the financial year, except as noted, were as follows:

Mrs HR Lewis Mrs RH Major Mrs E Wilson (Resigned 11 September 2025) Mr JM Wilkinson Mr ARJ Masters Mr AP Wilson

In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election.

Compliance with Sector-Wide Legislation and Standards

The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Lagan Valley Vineyard Church subscribes to and is compliant with the following:

The Auditors

Finegan Gibson Ltd, (Chartered accountants), were appointed auditors by the trustees to fill the casual vacancy and they have expressed their willingness to continue in office in accordance with the provisions of Section 485 of the Companies Act 2006.

Approved by the Board of Trustees on 22 May 2026 and signed on its behalf by:

________ Mr AP Wilson Trustee

6

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) STATEMENT OF TRUSTEES' RESPONSIBILITIES

for the financial year ended 31 August 2025

The trustees, who are also directors of Lagan Valley Vineyard Church for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and 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 Companies Act 2006 and. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Approved by the Board of Trustees on 22 May 2026 and signed on its behalf by:

________ Mr AP Wilson Trustee

7

INDEPENDENT AUDITOR'S REPORT to the Members of Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital)

Report on the audit of the financial statements

Opinion

We have audited the charity financial statements of Lagan Valley Vineyard Church ('the charity') for the financial year ended 31 August 2025 which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including the summary of significant accounting policies set out in note 2. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102.

In our opinion, when reporting in accordance with a fair presentation framework the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the Provisions Available for Audits of Small Entities, in the circumstances set out in Note 3 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report other than the financial statements and our Auditor's Report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006 and the Charities Act (Northern Ireland) 2008

In our opinion, based on the work undertaken in the course of the audit:

8

INDEPENDENT AUDITOR'S REPORT to the Members of Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital)

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees for the financial statements

As explained more fully in the Statement of Trustees' Responsibilities set out on page 7, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:

• the matters discussed among the audit engagement team including significant component audit teams and relevant internal specialists, including tax and valuations specialists regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks in operation, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included ongoing compliance with the UK Companies Act and tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental for their ability to operate or to avoid a material penalty.

9

INDEPENDENT AUDITOR'S REPORT to the Members of Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital)

Further information regarding the scope of our responsibilities as auditor

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

The purpose of our audit work and to whom we owe our responsibilities

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the Charities Act (Northern Ireland) 2008. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

__________ Conor Dolan FCA (Senior Statutory Auditor) for and on behalf of FINEGAN GIBSON LTD Chartered accountants and Registered auditors 2nd Floor Causeway Tower 9 James Street South Belfast Antrim BT2 8DN Northern Ireland

22 May 2026

10

Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating an Income and Expenditure Account)

for the financial year ended 31 August 2025

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income
Donations and legacies 4.1 597,144 162,975 760,119 573,785 52,193 625,978
Charitable activities 4.2 - 15,000 15,000 - - -
Investments 4.3 1,210 46 1,256 120 8,086 8,206
─────── ─────── ─────── ─────── ─────── ───────
Total income 598,354 178,021 776,375 573,905 60,279 634,184
─────── ─────── ─────── ─────── ─────── ───────
Expenditure
Charitable activities 5.1 541,695 163,021 704,716 564,183 42,288 606,471
─────── ─────── ─────── ─────── ─────── ───────
Net income/(expenditure) 56,659 15,000 71,659 9,722 17,991 27,713
Transfers between funds 695,230 (695,230) - 21,285 (21,285) -
─────── ─────── ─────── ─────── ─────── ───────
Net movement in funds for 751,889 (680,230) 71,659 31,007 (3,294) 27,713
the financial year
Reconciliation of funds:
Total funds beginning of the 18 170,748 681,473 852,221 139,741 684,767 824,508
year
─────── ─────── ─────── ─────── ─────── ───────
Total funds at the end of 922,637 1,243 923,880 170,748 681,473 852,221
the year
═══════ ═══════ ═══════ ═══════ ═══════ ═══════

The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.

The notes on pages 14 to 20 form part of the financial statements

11

Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital) Company Number: NI619487 BALANCE SHEET

as at 31 August 2025

2025 2024
Notes £ £
Fixed Assets
Tangible assets 12 643,365 649,004
─────── ───────
Current Assets
Debtors 13 54,634 8,848
Cash at bank and in hand 14 258,888 215,781
─────── ───────
313,522 224,629
─────── ───────
Creditors: Amounts falling due within one year 15 (33,007) (21,412)
─────── ───────
Net Current Assets 280,515 203,217
─────── ───────
Total Assets less Current Liabilities 923,880 852,221
═══════ ═══════
Funds
Restricted funds 1,243 681,473
General fund (unrestricted) 922,637 170,748
─────── ───────
Total funds 18 923,880 852,221
═══════ ═══════

These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard.

Approved by the Board of Trustees and authorised for issue on 22 May 2026 and signed on its behalf by

________ Mr AP Wilson Trustee

The notes on pages 14 to 20 form part of the financial statements

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Lagan Valley Vineyard Church STATEMENT OF CASH FLOWS

for the financial year ended 31 August 2025

2025 2024
Notes £ £
Cash flows from operating activities
Net movement in funds 71,659 27,713
Adjustments for:
Depreciation 70,053 38,940
Interest receivable and similar income (1,256) (8,206)
─────── ───────
140,456 58,447
Movements in working capital:
Movement in debtors (45,786) (8,296)
Movement in creditors 11,595 (2,894)
─────── ───────
Cash generated from operations 106,265 47,257
─────── ───────
Cash flows from investing activities
Interest received 1,256 8,206
Payments to acquire tangible assets (64,414) (619,763)
─────── ───────
Net cash used in investment activities (63,158) (611,557)
─────── ───────
Net increase/(decrease) in cash and cash equivalents 43,107 (564,300)
Cash and cash equivalents at the beginning of the year 215,781 780,081
─────── ───────
Cash and cash equivalents at the end of the year 14 258,888 215,781
═══════ ═══════

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Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

1. GENERAL INFORMATION

Lagan Valley Vineyard Church is a company limited by guarantee incorporated in Northern Ireland. The registered office of the charity is Ivan Shannon & Company, 39 Church Street,, Ballynahinch, Down, BT24 8AF, Northern Ireland which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity’s financial statements.

Basis of preparation

The financial statements have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.

As permitted by the Companies Act 2006, the charity has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP.

Statement of compliance

The financial statements of the charity for the financial year ended 31 August 2025 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard.

Fund accounting

The following are the categories of funds maintained:

Restricted funds

Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity.

Unrestricted funds

Unrestricted funds consist of General and Designated funds.

▪ General funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity.

▪ Designated funds comprise unrestricted funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretion to apply the fund.

Income

Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity.

Income from charitable activities

Income from charitable activities include income earned from the supply of services under contractual arrangements and from performance related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income is received, it is accrued in debtors.

Grants from governments and other co-funders typically include one of the following types of conditions:

▪ Performance based conditions: whereby the charity is contractually entitled to funding only to the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a grant agreement, it recognises the related expenditure, to the extent that it is reimbursable by the donor, as

14

continued

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

income.

▪Time based conditions: whereby the charity is contractually entitled to funding on the condition that it is utilised in a particular period. In these cases the charity recognises the income to the extent it is utilised within the period specified in the agreement.

In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of entitlement.

Grants received towards capital expenditure are credited to the Statement of Financial Activities when received or receivable, whichever is earlier.

Expenditure

Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Improvement to property 10% Straight line Fixtures and Fittings 15% Straight line

Debtors

Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors.

Cash at bank and in hand

Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal.

Taxation and deferred taxation

No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the charity's taxable income and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pensions

The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Annual contributions payable to the charity's pension scheme are charged to the income and expenditure account in the period to which they relate

3. PROVISIONS AVAILABLE FOR AUDITS OF SMALL ENTITIES

In common with many other charity of our size and nature, we use our auditors to assist with the preparation of the financial statements.

4. INCOME
4.1 DONATIONS AND LEGACIES Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £

15

continued

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

Donations and legacies 597,144 162,975 760,119 625,978
═══════ ═══════ ═══════ ═══════
4.2 CHARITABLE ACTIVITIES Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £
Lisburn & Castlereagh city council - 15,000 15,000 -
═══════ ═══════ ═══════ ═══════
4.3 INVESTMENTS Unrestricted Restricted 2025 2024
Funds Funds
£ £ £ £
Investments 1,210 46 1,256 8,206
═══════ ═══════ ═══════ ═══════
5. EXPENDITURE
5.1 CHARITABLE ACTIVITIES Direct
Other		 Support 2025 2024
Costs
Costs		 Costs
£
£		 £ £ £
Children's Ministry 29,897
-		 - 29,897 49,551
Church Support 6,870
-		 - 6,870 17,258
Compassion Costs 46,966
-		 - 46,966 22,340
Connection Costs 5,207
-		 - 5,207 4,229
Equipment Costs 14,198
-		 - 14,198 3,712
Mission Contributions 74,125
-		 - 74,125 31,602
Depreciation -
-		 - - 38,940
Office Costs 25,635
-		 - 25,635 23,710
Pathway Costs 375
-		 - 375 688
Church Services 12,113
-		 - 12,113 14,082
Staff Costs 364,660
-		 - 364,660 294,476
Tribe 2,573
-		 - 2,573 650
Church Utilities 113,752
-		 - 113,752 100,981
Worship Costs 2,645
-		 - 2,645 2,812
Governance Costs (Note 5.2) -
-		 5,700 5,700 1,440
─────── ─────── ─────── ─────── ───────
699,016
-		 5,700 704,716 606,471
═══════ ═══════ ═══════ ═══════ ═══════
5.2 GOVERNANCE COSTS Direct
Other		 Support 2025 2024
Costs
Costs		 Costs
£
£		 £ £ £
Auditors remuneration -
-		 5,700 5,700 1,440
═══════ ═══════ ═══════ ═══════ ═══════
5.3 SUPPORT COSTS Governance 2025 2024
Costs
£ £ £
Auditors remuneration 5,700 5,700 1,440
═══════ ═══════ ═══════
6. ANALYSIS OF SUPPORT COSTS
2025 2024
£ £
Auditors remuneration 5,700 1,440
═══════ ═══════

16

continued

Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital)

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

7.

8.

NET INCOME 2025 2024
£ £
Net Income is stated after charging/(crediting):
Depreciation of tangible assets 70,053 38,940
Auditor's remuneration:
- audit services 5,700 1,440
═══════ ═══════
INVESTMENT AND OTHER INCOME 2025 2024
£ £
Bank interest 1,256 8,206
═══════ ═══════

9. EMPLOYEES AND REMUNERATION

Number of employees

The average number of persons employed (including executive trustees) during the financial year was as follows:

2025 2024
Number Number
Admin 2 2
Coordinators 5 5
Pastors 5 5
─────── ───────
12 12
═══════ ═══════
The staff costs comprise: 2025 2024
£ £
Wages and salaries 291,958 242,933
Social security costs 19,477 20,310
Pension costs 6,197 5,044
─────── ───────
317,632 268,287
═══════ ═══════

10. EMPLOYEE BENEFITS

There are no employees who received employee benefits (excluding employer pension costs) of more than £60,000 for the reporting period.

11. KEY MANAGEMENT PERSONNEL

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £76,840 (2024: £64,485).

17

continued

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

12. TANGIBLE FIXED ASSETS
Improvement Fixtures Total
to property and Fittings
£ £ £
Cost
At 1 September 2024 751,781 25,335 777,116
Additions 50,999 13,415 64,414
─────── ─────── ───────
At 31 August 2025 802,780 38,750 841,530
─────── ─────── ───────
Depreciation
At 1 September 2024 114,597 13,515 128,112
Charge for the financial year 66,268 3,785 70,053
─────── ─────── ───────
At 31 August 2025 180,865 17,300 198,165
─────── ─────── ───────
Net book value
At 31 August 2025 621,915 21,450 643,365
═══════ ═══════ ═══════
At 31 August 2024 637,184 11,820 649,004
═══════ ═══════ ═══════
13. DEBTORS 2025 2024
£ £
Other debtors 44,464 5,816
Prepayments and accrued income 10,170 3,032
─────── ───────
54,634 8,848
═══════ ═══════
14. CASH AND CASH EQUIVALENTS 2025 2024
£ £
Cash and bank balances 258,888 215,781
═══════ ═══════
15. CREDITORS 2025 2024
Amounts falling due within one year £ £
Taxation and social security costs 8,344 9,003
Other creditors 5,658 2,100
Accruals and deferred income 19,005 10,309
─────── ───────
33,007 21,412
═══════ ═══════
16. PENSION COSTS - DEFINED CONTRIBUTION

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. Pension costs amounted to £6,197 (2024 - £5,044).

18

continued

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

17. RESERVES

17. RESERVES
Funds Total
£ £ £ £
At the beginning of the year - 170,748 681,473 852,221
Surplus for the financial year 71,659 - - 71,659
─────── ─────── ─────── ───────
At the end of the year 71,659 170,748 681,473 923,880
═══════ ═══════ ═══════ ═══════
18. FUNDS
18.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Total
Funds Funds Funds
£ £ £
At 1 September 2023 139,741 684,767 824,508
Movement during the financial year 31,007 (3,294) 27,713
─────── ─────── ───────
At 31 August 2024 170,748 681,473 852,221
Movement during the financial year 751,889 (680,230) 71,659
─────── ─────── ───────
At 31 August 2025 922,637 1,243 923,880
═══════ ═══════ ═══════
18.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance Income Expenditure Transfers Balance
1 September between 31 August
2024 funds 2025
£ £ £ £ £
Restricted funds
Lisburn & Castlereagh City - 15,000 - (13,757) 1,243
Council
Donations - 162,975 162,975 - -
Bank interest received - 46 46 - -
Building 681,473 - - (681,473) -
─────── ─────── ─────── ─────── ───────
681,473 178,021 163,021 (695,230) 1,243
─────── ─────── ─────── ─────── ───────
Unrestricted funds
Unrestricted General 170,748 598,354 541,695 695,230 922,637
─────── ─────── ─────── ─────── ───────
Total funds 852,221 776,375 704,716 - 923,880
═══════ ═══════ ═══════ ═══════ ═══════

During the year, a previous restricted fund, established in prior periods, has been released to general reserves. This release reflects a review of the organisation's reserves and the current operational requirements.

18.3 ANALYSIS OF NET ASSETS BY FUND

Fixed Current Current Total
assets assets liabilities
- charity use
£ £ £ £
Restricted funds - 1,243 - 1,243
─────── ─────── ─────── ───────
Unrestricted general funds 643,365 312,279 (33,007) 922,637
─────── ─────── ─────── ───────
643,365 313,522 (33,007) 923,880
═══════ ═══════ ═══════ ═══════

19

continued

Lagan Valley Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

19. STATUS

The charity is a company limited by guarantee not having a share capital.

The liability of the members is limited.

Every member of the company undertakes to contribute to the assets of the company in the event of its being wound up while they are members, or within one financial year thereafter, for the payment of the debts and liabilities of the company contracted before they ceased to be members, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1.

20. RELATED PARTY TRANSACTIONS

The board of trustees set salaries for all staff positions and approve any changes to remuneration i.e. pay rise's post staff annual appraisal or any ad-hoc changes where they may arise i.e. Changes to minimum wage / market conditions. Following the annual staff appraisal process the board of trustees will meet to discuss outcomes including any changes to role or remuneration. Any staff member who also sits on the board of trustees is not part of the discussion or decision-making regarding changes to his or her own remuneration. Equally, any trustee who is related to a staff member is excluded from discussions and decision-making related to changes in remuneration to said staff member.

Related Party Transactions:

  1. During the period Mr AJM Masters was employed in the role of senior pastor while also serving on the board of trustees. He was paid £47,226 by virtue of his employment by the charitable company.

  2. During the period the partner of Mr JM Wilkinson was employed in the role of compassion pastor. She was paid £23,149.29 by virtue of her employment by the charitable company.

  3. During the period, Company Director Emma Wilson was employed. She was paid £20,404.10 by virtue of her employment by the charitable company .

  4. During the period the partner of Ms Ruth Major , owner of Karibu coffee shop, paid a total of £2,606 in rental income to the charitable company between February 25 and November 25.

There were no expenses paid to trustees during the period.

21. POST-BALANCE SHEET EVENTS

There have been no significant events affecting the Charity since the financial year-end.

20

LAGAN VALLEY VINEYARD CHURCH

(A company limited by guarantee, not having a share capital)

SUPPLEMENTARY INFORMATION

RELATING TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

NOT COVERED BY THE REPORT OF THE AUDITORS

21

Lagan Valley Vineyard Church

(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

Operating Statement for the financial year ended 31 August 2025

Income
Donations 658,143 539,593
Gifts 92,195 77,722
WTC Commission 9,781 8,663
Lisburn & Castlereagh city council 15,000 -
─────── ───────
775,119 625,978
─────── ───────
Expenses
Wages and salaries 291,958 242,933
Social security costs 19,477 20,310
Staff defined contribution pension costs 6,197 5,044
Staff benefit 2,304 -
Repairs and maintenance 366 2,094
Children's ministry 29,897 49,551
Mission contributions 4,072 31,602
Church support 6,870 17,258
Compassion costs 46,966 22,340
Printing, postage and stationery 1,446 477
Connection costs 5,207 4,229
Telephone 2,440 2,122
Hire of equipment 14,198 3,712
Pathways 375 688
Church services 12,113 14,082
Tribe 2,573 650
Church utilities 113,752 100,981
Worship costs 2,645 2,812
External speaking engagements 297 -
Other staff expenses 44,724 26,189
Legal and professional 14,380 12,814
Auditor's/Independent Examiner's remuneration 5,700 1,440
Office costs 6,706 6,203
Depreciation 70,053 38,940
─────── ───────
704,716 606,471
─────── ───────
Miscellaneous income
Bank interest 1,256 8,206
─────── ───────
Net surplus 71,659 27,713
═══════ ═══════

22

The supplementary information does not form part of the audited financial statements