COMPANY REGISTRATION NUMBER: N1646256
CHARITY REGISTRATION NUMBER: 107245
Victory Church Belfast Limited
Company Limited by Guarantee
Unaudited Financial Statements
30 June 2024
AUBREY CAMPBELL & COMPANY
Chartered accountants
631 Lisburn Road
Belfast
BT9 7GT

Victory Church Belfast Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 June 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements

Victory Church Belfast Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 30 June 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 30 June 2024.
Reference and administrative details
Registered charity name
Victory Church Belfast Limited
Charity registralion number
107245
Company registration number N1646256
Principal office and registered 243 Castlereagh Road
off ice
Belfast
BT5 5FL
The trustees
Mr G McKibben
Mrs K McKibben
Mr S McKibben
Independent examiner
John Magee - Aubrey Campbell & Co
631 Lisburn Road
Belfast
BT9 7GT
Structureg governance and management
The governance and management of Victory Church Belfast is made up of Trustees, Pasiors and
Elders. All decisions regarding church affairs and how church funds are spent is handled by Elders.
Objectives and activltles
Victory Church Belfast continues to exisl to glorify God, preach the gospel to every person and make a
difference in our community . There was no harm flowing from Ihe charities purposes and there was no
private benefit. All Trustees of the charity are aware of the Commissions public benefit statutory
guideline requirement.
Sirateglc report
The following sections for achievements and performance and financial review form the strategic
report of the charity.

Victory Church Belfast Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 June 2024
Achlevements and performance
Connect ministry:
Victory Church Belfast, on a weekly basis, stands on the Castlereagh Road with refreshments for the
public. We use this as an opportunity to encourage the local community to pray and care for anyone
who needs it.
Homeless:
Members of the church go out onto the streets of Belfast with care packages and food. We seek to
listen, care for and positively impact the homeless community in Belfast.
Street ministry:
We have three groups on a weekly basis sharing the love of the gospel ori the streets of Belfasl, both
with scripture and in practical terms such as referrals to food banks etc.
Childrens ministry:
The childrens ministry has included not just a Sunday school for primary age children. but also events,
parties and a summer scheme and an Easter scheme. The summer scheme and youth summer
activities include guests coming in and outings with the children. At Christmas, a toy drive is held which
reached 74 children.
Food:
The food store has fed many families throughout the year. With an average of around 20 individuals
having recieved food parcels on a weekly basis. The demand for the food store has been steady with
increased demand hitting at certain times of the year, specifically in the winter months and Christmas.
Families:
We have also held family events including quiz nights, Molhers, Day and Fathers, Day events and
Christmas celebrations which are all open to the community. There are also ladie's and men's social
nights to encourage *riendships and connections.
Workshops:
We have begun craft workshops for the community and we also serviced a lot of families with a
Christmas workshop.
Online:
Pastor Gary personally taught over 220 hours of bible teaching online in this period with over 300.000
people watching these ieachings. Victory Church online Facebook group now has over 7.200 members
around the world tuning in regularly for teachings. As well as over 5,200 subscribers across YouTube
and Rumble.
Youth:
Victory Youth has been a real blessing to the surrounding area, especially for those children where
their own churches have ceased their youth club. The youth club allows for bible teaching in a fun and
friendly atmosphere. This allows those from ages 10-17 to relax wilh their friends and play pool, video
games and table tennis.
Homeless follow up:
The ministry has allowed for active support including helping individuals get into rehab. We raised
items and care bags for each individual we speak with. We helped the local homeless community with
goods and reconditioned white goods. We have also facilitated individuals transporting their items.

Victory Church Belfast Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 30 June 2024
Bible study..
Bible stijdy occurs each Wednesday at 7.00pm where we instruLt and tutor people in the discernment
and division of scripture. There is also a ladies Bible stLidJi is on Wednesday mornings at 11.'30am.
Mentoring:
The church provides mentoring in leadership and biblical teaching every Tuesday evening.
House Groups:
Victory church began to train individuals in house church leadership. We now have house groups in
Portadown. Belfast, Wales and U.S.A with 15 more launching around Europe.
Prophecy Teaching:
The church has hosted 2 nights to other ministries this year, allowing members from other gatherings
to partake in in-depth teaching.
Testimoney Evenings:
We have invited guests to speak at the church to impart their testimonies for the encouragement of
others.
Missioris".
Victory Church Belfast has continued to support Answers International￿ roy Brewer ministry in their
fight against human trafficking.
Baptisms, Dedications & Services..
We baptised multiple individuals Ihroughout the year, baby dedications and funeral services were also
conducted.
Church Minibus:
The minibus has been essential for outreach. Allowing us to hand out donated items of clothing and
food on a weekly basis. It has also proven to be invaluable as a place of prayer and comfort for those
exposed lo the elements while they are fed and prayed for. On top of thal, it has allowed us to collect
and drop off for youth and services.
Chrisiian Counselling:
The pastoral team have been involved continually in pastoring ancl counselling individuals through
numerous issues.
Flnancial review
The biggest outgoing this year was lor the ministry minibus. This has allowed for foodbank deliveries to
be done as well as
iacilitating our youth and homeless street church. We have had doorstep
churchldeliveries supplying essentials to those iri need. This has been sustained by the generous
giving Irom the members of the congregation. Buildiiig costs have increased with insurance this year
and are set to increase in the year ahead, with a new lease and increased rent for the property by our
landlord. We have continued in our efforts to support TBM as missions support in the fight against
trafficking and also increased our street and community presence. The needs of the church have been
met by donations from members including that of the toodbankjfood store.

Victory Church Belfast Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 30 June 2024
The trustees, annual report and the strategic report were approved on
on behalf of the board of trustees by:
141.3J2S
and signed
Mr G McKibben
Trustee
Mrs K McKibben
Trustee

Victory Church Belfast Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Victory Church Belfast
Limited
Year ended 30 June 2024
I report to the trustees on my examination of the financial statements of Victory Church Belfast Limited
('the charity,) for the year en.ded 30 June 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of
Charities Act (Northern Ireland} 2008 (the '2008 Act,) and the Companies Act 2006 ('Ihe 2006 Act,).
You are satisfied that the accounts of the company are nol required by charity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's financial slatements as carried oul under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65191{b) of the 2008 Act.
Independent examiner's statement
I have completed my exarytination. I confirm that no matters have come to my attention in connection
with my examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act. or
the financial statements do not accord with Ihose records. or
the financial statements do not comply with the accounting requiremenls of section 396 of
the 2006 Act OTher than any requirement that the accounts give a 'irue and fair, view which is
not a matter considered as part of an independent examination. or
the financial staiements have not been prepared in accordance with the meihods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I confirm that there are no Other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
oh
Aubrey
mpbell & Co
Independent Exaininer
ag
631 Lisburn Road
Belfast
BT9 7GT

Victory Church Belfast Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 30 June 2024
2024
Unrestricted
funds Total funds Total funds
2023
Note
Income and endowments
Donations and legacies
Total income
34,029
34,029
22,304
22,304
34,029
34,029
Expenditure
Expenditure on charitable activities
Total expendlture
23,559
23,559
20,684
20,684
23,559
23,559
Net income and nei movement in funds
10,470
10.470
1,620
Reconciliation of funds
Total lunds broughl forward
Total tunds carried forward
731
731
{889}
731
11,201
11,201
The statement ot financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 form part of these financial statements.

Victory Church Belfast Limited
Company Limited by Guarantee
Statement of Financial Position
30 June 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
13
6.118
147
Current assets
Cash al bank and in hand
7,273
1,643
Creditors: amounls falling due within one year
Net current assets
14
2,190
1,059
5,083
11.201
584
Total assets less current liabilities
731
Net assets
11,201
731
Funds of the charity
Unrestricted funds
11,201
11,201
731
Total charity funds
15
731
For the year ending 30 June 2024 the charity was enlitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476:
The directors acknowledge Iheir responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
inancial statements were approved by the board of trustees and authorised for issue on
and are signed on behalf of the board by:
Mr G McKibben
Trustee
Mrs K McKibben
Trustee
The notes on pages 8 to 14 fomi part of these financial slatements.

Victory Church Belfast Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 June 2024
General inlormalion
The charity is a public benefit entily and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address ol the registered office
is 243 Castlereagh Road, Belfast, BT5 5FL.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charities
SORP (FRS 102}} and the Companies Act 2006.
Accounting policies
Basis of preparatlon
The financial statements have been prepared on the historical cost basis. as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about tb.e charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.{a) No cash flow
statement has been presented for the company.
{b} Disclosures in respect of financial instruinents have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors. including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.

Victory Church Belfast Limited
Company Limited by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 30 June 2024
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial aclivities when enlitlement has
passed to the charity- it is probable that the econo￿.1¢ benefits associated with the transaction will
flow to Ihe charity and ihe amount can be reliably measured. The lollowing specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and seNices are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it lo be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the staiement of
financial activities to which it relates-
expenditure on rdising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
aclivities that lurther its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.

Victory Church Belfast Limited
Company Limited by Guarantee
Notes to the Financial Statements (continuEd)
Year ended 30 June 2024
Accounting policies (contlnued)
Tangible assets (contlnued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment thai has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over Ihe useful economic life of that asset as follows:
Fixtures and fittings
Motor vehicles
200/0 reducing balance
200/0 reducing balance
Impairment of fixed assets
A review for indicators ol impairment is carried out at each reporting date, with the recoverable
amount being estimated where Suc￿, indicators exisl. Where the carrying value exceeds Ihe
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing. when it is not possible to estimate the recoverable
amount of an individual asset. an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the assel and generates cash inflows that largely independent of the
cash inflows from other assets or groups ol assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Flnanclal Insiruments
A linancial asset or a financial liability is recognised only when the charity becomes a party to Ihe
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
10

Victory Church Belfast Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ended 30 June 2024
Accounting polieies (Contlnued)
Financial instruments (contlnued)
Where investmenls in shares are publicly traded or tFieir fair value can othewise be measured
reliably, the investment is subsequently ￿,eaSured at fair value with changes in fair value
recognised in income and expenditure. All other such investments ale subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities: with the exception of hedging instruments in a
designated hedging relationship.
Financial assets Ihat are measured at cost or amortised cost are reviewed for objective evidence
impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the inilial gain was recognised.
For all equity inslruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characterislics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial assp.T that exceeds whal the carrying amount woula
have been had the impairment not previousl5.' Deen recognised.
Limited by guarantee
The Company is limited by guarantee and has no share capital.
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donations
Donations and offerings
34,029
34,029
22,304
22,304
11

Victory Church Belfast Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 30 June 2024
Expenditure on charitable aciivilies by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Sunday School
Support costs
198
23,361
23,559
198
23,361
2,902
17,782
2,902
17,782
20,684
23,559
20,684
Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total lunds
2024
Total fund
2023
Sunday School
Governance costs
198
21,275
2,086
21,473
2,086
19,821
863
198
23.361
23.559
20,684
Analysis of support costs
Analysis of
support costs
Total 2024 Total 2023
Premises
Governance costs
Support costs - Other costs
12,917
990
2,287
16,194
1£,917
990
2,287
16.194
13,027
750
4,005
17,782
Net income
Net income is stated after "hargingl(creditingl:
2024
2023
Depreciation of tangible fixed assets
1,529
37
10. Independent examination fees
2024
2023
Fees payable to tha independent examiner for:
Independent exa￿..InatiOn of the finan￿la1 statements
990
750
11. Staff costs
12

Victory Church Belfast Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 30 June 2024
11. Staff costs (continued)
Pastor Gary McKibben. a Trustee, was paid £Nil for his services as Pastor of Victory Church
Belfast Limited. Pastor McKibben is self-employed.
The average head count of employees during the year was Nil12023: Nil).
No employee received employee benefits of more than £60,000 during the year12023: Nil).
12. Trustee remuneration and expenses
Pastor Gary McKibben, a Trustee, was paid £Nil for his services as Pastor of Victory Church
Belfast Limited. Pastor McKibben is self-employed.
13. Tangible fixed assets
Fixtures and
fittings
Motoff
vehicles
Totsl
Cost
At 1 July 2023
Additions
450
450
7,500
7,950
7,500
At 30 June 2024
450
7.500
Depreciation
At 1 July 2023
Charge for the year
At 30 June 2024
303
29
303
1,529
1,832
1,500
1,500
332
Carrylng amount
At 30 June 2024
118
6,000
6,118
147
At 30 June 2023
147
14. Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
2,190
1,059
13

Victory Church Belfast Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 30 June 2024
15. Analysis of charitable funds
Unrestricled funds
Al
Income Expenditure 30 June 2024
At 1 July 2023
General funds
731
34,029
(23,559)
11,201
At
Income Expenditure 30 June 2023
At 1 July 2022
General funds
(889)
22.304
(20,684)
731
16. Analysis of nel assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
6,118
7,273
{2,190)
11,201
6.118
7,273
{2,190)
11.201
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
147
1,643
(1,059}
731
147
1,643
(1 ,0591
731
17. Related parties
During the financial year under review members of the board of Trustees donated a total of
£1,800 (2023 £1,800) to the charity. Rent totalling £8,50012022 £9,300) was paid to a Trustee
for use of the church premises.
14