**REGISTERED COMPANY NUMBER: NI645172 (Northern Ireland)**
**Report of the Trustees and**
## **Financial Statements**
**for the Year Ended 31 August 2023**
## **for**
**Foyle Vineyard Church (A Company Limited by Guarantee)**
McCleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim BT28 1TP
**Foyle Vineyard Church**
## **Contents of the Financial Statements for the Year Ended 31 August 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6 to 7|
|**Notes to the Financial Statements**|8 to 12|
|**Detailed Statement of Financial Activities**|13 to 14|
## **Foyle Vineyard Church**
## **Report of the Trustees for the Year Ended 31 August 2023**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and Activities**
Our vision is to bring Jesus and His Way to those around us, in the places we live work and play - restoring hope to our city and region by loving those on the fringes, mending the broken heart and empowering people to live with possibility and purpose.
We are committed to serving our city and region, demonstrating the love of God in tangible ways as a people of generosity and compassion.
## **Objectives:**
- To advance the Christian faith.
- To provide Christian teaching and education including the promotion of healthy relationships, mental health and well-being, and practical life skills
- To provide pastoral care for members across a range of issues that affect wider society, supporting individuals and groups to flourish.
- To support the renewal of our communities by providing opportunities for our members to participate in projects that bring hope and life.
## **Activities**
Throughout this period, we've been able to work within our objectives by providing a range of activities, programmes, and support, including for example, the following:
- As part of our engagement with the community we've been able to deliver a number of programs and events including, for example, tea and tots for young families, English classes for those new to NI, creative arts workshops, drumming classes, beginner's guitar lessons, men's group, Baby pop-up bank, delivery of pampering event for young mums, and a 'cake & craic' initiative to build social cohesion across different groups.
- Friendship Café - throughout Monday nights we've facilitated a friendship café for many newcomers to NI, especially Asylum Seekers. We've also delivered international events, such as cultural nights, Christmas Day international meal, English conversational classes, and social activities. This project has engaged with over 30 different nationalities.
## **Disicpling, mission & formation**
- As well as weekly Sunday Worship Service open to all backgrounds and ages, we have facilitated over 10 different small group discipling and missional environments called 'hubs' across Derry & Donegal. These spaces are places to grow in faith, equipping and teaching environments for discipling in the Christian Faith
- We've held several outreach initiatives to engage those curious about faith including, for example, several baptisms on the beach, Ash Wednesday Event 'Beauty for Ashes' and 'Good Friday Contemplative Event.
- We've been able to host several newcomers' connection events for those connecting with Foyle Vineyard Church for the first time to help them find out more and get better connected.
- We run weekly kids' programmes during our Sunday services and a bi-weekly youth group for young people aged 11-18.
Page 1
## **Foyle Vineyard Church**
## **Report of the Trustees for the Year Ended 31 August 2023**
## **OBJECTIVES AND ACTIVITIES**
## **Public benefit**
In setting our objectives and planning our activities for the year, the directors/ trustees have given careful consideration to the Charity Commission for Northern Ireland's statutory guidance on public benefit to ensure that the activities have helped achieve the charity purpose and provide a benefit to the beneficiaries.
## **FINANCIAL REVIEW**
## **Financial review**
Detailed Statement of Financial Activities for the Period 1 September 2022 to 31 August 2023, which shows the results of the company is set out on page 5 of the accounts. The reported surplus for the period is £4,924 The trustees continually review all funding opportunities to maximize the incoming resources for the organisation.
## **Reserves policy**
The company's policy is to achieve a level of free reserves which matches the needs of the company both at the current time and the foreseeable future. Free reserves are those unrestricted reserves which are available for general use.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Structure, Governance and Management**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Foyle Vineyard Church is a company limited by guarantee. It is governed by its Memorandum and Articles of Association and the liability of each member is limited to an amount not exceeding £1. Foyle Vineyard Church is also a Registered Charity NIC107753 with the Charity Commission NI.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
NI645172 (Northern Ireland)
## **Registered Charity number**
107753
## **Registered office**
1st Floor 63-65 Rosemount Avenue Derry Co. Londonderry BT48 0HL
## **Trustees**
Mr Alan Roye Carson Associate Pastor Mr Shane Charles Birney Architect Mr Benjamin David Ewan Pastor Mr Alan Corry Finn Mr Desmond Craig Johnston
Page 2
**Foyle Vineyard Church**
## **Report of the Trustees for the Year Ended 31 August 2023**
**REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** McCleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim BT28 1TP
Approved by order of the board of trustees on 9 April 2024 and signed on its behalf by:
Mr Benjamin David Ewan - Trustee
Page 3
## **Independent Examiner's Report to the Trustees of Foyle Vineyard Church**
I report on the accounts of the company for the year ended 31 August 2023, which are set out on pages five to twelve.
## **Respective responsibilities of charity trustees and examiner**
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, 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 Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act
- state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a 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 attention giving me cause to believe:
1. That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
2. That the accounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities 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
4. That there is further information needed for a proper understanding of the accounts to be reached.
## **Independent examiner's statement**
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
John McCleary FCA
McCleary & Company Ltd Chartered Accountants Garvey Studios 14 Longstone Street Lisburn Co. Antrim BT28 1TP
9 April 2024
Page 4
## **Foyle Vineyard Church**
## **Statement of Financial Activities for the Year Ended 31 August 2023**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
59,736
14,144
**EXPENDITURE ON**
**Charitable activities**
Direct costs
39,265
12,889
Support costs
15,302
1,500
**Total**
54,567
14,389
**NET INCOME/(EXPENDITURE)**
5,169
(245)
**Transfers between funds**
8
(245)
245
**Net movement in funds**
4,924
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
20,064
-
**TOTAL FUNDS CARRIED FORWARD**
24,988
-|31.8.23
31.8.22
Total
Total
funds
funds
£
£
73,880
55,070
52,154
37,850
16,802
16,777
68,956
54,627
4,924
443
-
-
4,924
443
20,064
19,621
24,988
20,064|31.8.23
31.8.22
Total
Total
funds
funds
£
£
73,880
55,070
52,154
37,850
16,802
16,777
68,956
54,627
4,924
443
-
-
4,924
443
20,064
19,621
24,988
20,064|
|---|---|---|
|||37,850
16,777|
|||54,627|
|||443
-|
|||443
19,621|
|||20,064|
The notes form part of these financial statements
Page 5
## **Foyle Vineyard Church**
## **Balance Sheet 31 August 2023**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**CURRENT ASSETS**
Debtors
6
3,129
-
Cash at bank
22,841
-
25,970
-
**CREDITORS**
Amounts falling due within one year
7
(982)
-
**NET CURRENT ASSETS**
24,988
-
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
24,988
-
**NET ASSETS**
24,988
-
**FUNDS**
8
Unrestricted funds
**TOTAL FUNDS**|31.8.23
Total
funds
£
3,129
22,841
25,970
(982)
24,988
24,988
24,988
24,988
24,988|31.8.22
Total
funds
£
-
20,064|
|---|---|---|
|||20,064
-|
|||20,064|
|||20,064|
|||20,064|
|||20,064|
|||20,064|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
## **Foyle Vineyard Church**
## **Balance Sheet - continued 31 August 2023**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 9 April 2024 and were signed on its behalf by:
Mr Benjamin David Ewan - Trustee
Mr Alan Roye Carson - Trustee
The notes form part of these financial statements
Page 7
**Foyle Vineyard Church**
## **Notes to the Financial Statements for the Year Ended 31 August 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
## **Foyle Vineyard Church**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2023**
## **2. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|Other operating leases
**3.**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
Trustees' pensions paid|31.8.23
£
12,542
31.8.23
£
17,605
543
18,148|31.8.22
£
12,992|
|---|---|---|
|||31.8.22
£
16,500
590|
|||17,090|
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|||31.8.23|31.8.22|
|---|---|---|---|
||Pastoral and Administration|2|2|
||No employees received emoluments in excess of £60,000.|||
|**5.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**||
||||Unrestricted|
||||fund|
||||£|
||**INCOME AND ENDOWMENTS FROM**|||
||Donations and legacies||55,070|
||**EXPENDITURE ON**|||
||**Charitable activities**|||
||Direct costs||37,850|
||Support costs||16,777|
||**Total**||54,627|
||**NET INCOME**||443|
continued...
Page 9
## **Foyle Vineyard Church**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2023**
|**5.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
||||||||fund||
||||||||£||
||**RECONCILIATION OF FUNDS**||||||||
||Total funds brought forward||||||19,621||
||**TOTAL FUNDS CARRIED**||||||||
||**FORWARD**||||||20,064||
|**6.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||||
||||||31.8.23|31.8.22|||
||||||£||£||
||Prepayments and accrued income||||3,129|||-|
|**7.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||||
||||||31.8.23|31.8.22|||
||||||£||£||
||Other creditors||||82|||-|
||Accrued expenses||||900|||-|
||||||982|||-|
|**8.**|**MOVEMENT IN FUNDS**||||||||
|||||Net|Transfers||||
|||||movement|between||At||
|||At 1.9.22||in funds|funds|31.8.23|||
|||£||£|£||£||
||**Unrestricted funds**||||||||
||General fund|20,064||5,169|(245)|24,988|||
||**Restricted funds**||||||||
||FSHP||-|(245)|245|||-|
||**TOTAL FUNDS**|20,064||4,924|-|24,988|||
continued...
Page 10
## **Foyle Vineyard Church**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2023**
## **8. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|59,736|(54,567)|5,169|
|**Restricted funds**||||
|FSHP|14,144|(14,389)|(245)|
|**TOTAL FUNDS**|73,880|(68,956)|4,924|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
||At 1.9.21|in funds|31.8.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|19,621|443|20,064|
|**TOTAL FUNDS**|19,621|443|20,064|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|55,070|(54,627)|443|
|**TOTAL FUNDS**|55,070|(54,627)|443|
continued...
Page 11
## **Foyle Vineyard Church**
## **Notes to the Financial Statements - continued for the Year Ended 31 August 2023**
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|Net
Transfers
movement
between
At 1.9.21
in funds
funds
£
£
£
**Unrestricted funds**
General fund
19,621
5,612
(245)
**Restricted funds**
FSHP
-
(245)
245
**TOTAL FUNDS**
19,621
5,367
-|At
31.8.23
£
24,988
-|
|---|---|
||24,988|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|114,806|(109,194)|5,612|
|**Restricted funds**||||
|FSHP|14,144|(14,389)|(245)|
|**TOTAL FUNDS**|128,950|(123,583)|5,367|
## **9. RELATED PARTY DISCLOSURES**
Mr Benjamin David Ewan is a trustee and paid employee of the Charity as disclosed on page 9 of the accounts.
Page 12
## **Foyle Vineyard Church**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**for the Year Ended 31 August 2023**|||
||31.8.23|31.8.22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Offerings|44,693|39,769|
|Gift aid|10,759|10,592|
|Grants|14,144|-|
|Occasional / Euros|2,667|2,724|
|Vineyard Hope|1,617|1,665|
|Events|-|320|
||73,880|55,070|
|**Total incoming resources**|73,880|55,070|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Trustees' salaries|17,605|16,500|
|Trustees' pensions paid|543|590|
|Wages|10,111|8,100|
|Outreach|1,245|600|
|Vineyard Hope|13,584|1,916|
|Ministries|878|789|
|Giving & missions|2,721|2,813|
|Sunday mornings|2,821|1,304|
|Premises expenses|2,417|4,408|
|Church planting|-|200|
|Hubs|-|224|
|Kids and youth|229|326|
|Travel|-|80|
||52,154|37,850|
|**Support costs**|||
|**Finance**|||
|Bank charges|120|128|
|**Other**|||
|Rent|12,542|12,992|
|Operational fees|4,140|3,657|
||16,682|16,649|
This page does not form part of the statutory financial statements
Page 13
## **Foyle Vineyard Church**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2023**
||31.8.23|31.8.22|
|---|---|---|
||£|£|
|Total resources expended|68,956|54,627|
|**Net income**|4,924|443|
This page does not form part of the statutory financial statements
Page 14
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