Company Registration Number: NI645172 Charity Number: 107753
Foyle Vineyard Church
(A company limited by guarantee, not having a share capital)
Annual Report and Unaudited Financial Statements
for the financial year ended 31 August 2024
McCleary & Company Ltd Chartered Accountants and Registered Auditors Garvey Studios 14 Longstone Street Lisburn Co.Antrim BT28 1TP
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) CONTENTS
Page Trustees' and Other Information 3 Trustees' Annual Report 4 - 6 Statement of Trustees' Responsibilities 7 Independent Examiner's Report 8 Statement of Financial Activities 9 Balance Sheet 10 Notes to the Financial Statements 11 - 14 Supplementary Information relating to the Financial Statements 16
2
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) TRUSTEES' AND OTHER INFORMATION
Trustees
Alan Roye Carson Benjamin David Ewan Shane Charles Birney Alan Corry Finn Desmond Craig Johnston
Charity Number in Northern Ireland 107753 Company Registration Number NI645172 Registered Office 1st Floor 63-65 Rosemount Avenue Derry Londonderry BT48 0HL Northern Ireland
Independent Examiner
McCleary & Company Ltd Chartered Accountants and Registered Auditors Garvey Studios 14 Longstone Street Lisburn Co.Antrim BT28 1TP
3
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT
for the financial year ended 31 August 2024
The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the unaudited financial statements for the financial year ended 31 August 2024.
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 Foyle Vineyard Church present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 August 2024.
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
Mission Statement
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
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To advance the Christian faith.
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To provide Christian teaching and education including the promotion of healthy relationships, mental health and well-being, and practical life skills.
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To provide pastoral care for members across a range of issues that affect wider society, supporting individuals and groups to flourish.
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To support the renewal of our communities by provide opportunities for our members to participate in projects that bring hope and life.
Strategy
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:
Community events and programmes
-
We continue to run our ‘Bloom’ project which aims to support young families throughout the time of pregnancy and early years. This includes termly pop-up clothing and equipment banks and follow up support through our partnerships with community organisations in the Foyleside area.
-
We’ve run a number of community engagement events to connect with local residents and provide spaces for social cohesion and positive relationship building, for example, a community fireworks party (31/10/23), a community carol service (17/12/23), a thanksgiving party (23/11/23), work in schools (15/05/24), men’s pizza and prayer event (18/05/24), Refugee week breakfast (20/06/24), Allotment ‘renew’ day (10/08/24).
-
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.
4
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT
for the financial year ended 31 August 2024
Disicpling, mission & formation
-
As well as week Sunday Worship Service open to all backgrounds and ages, we have facilitated over 10 different small groups 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, Easter and Dawn service celebrations, Good Friday reflection, healing ministry appointments, Donegal Spiritual Retreat, Prayer walks across the city, creative art workshop with prayer, and sung worship events.
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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 for children 6 months to 11 years and a bi-weekly youth group for young people aged 11-18.
Structure, Governance and Management
Structure
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.
Financial Review
The results for the financial year are set out on page 9 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 £31,022 (2023 - £25,970) and liabilities of £1,314 (2023 - £982). The net assets of the charity have increased by £4,720.
Reserves Position and 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 in the foreseeable future. Free reserves are those unrestricted reserves which are available for general use.
Trustees
The trustees who served throughout the financial year, except as noted, were as follows:
Alan Roye Carson Benjamin David Ewan Shane Charles Birney Alan Corry Finn Desmond Craig Johnston
Compliance with Sector-Wide Legislation and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Foyle Vineyard Church subscribes to and is compliant with the following:
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The Companies Act 2006
-
The Charities SORP (FRS 102)
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.
5
Foyle Vineyard Church
(A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT
for the financial year ended 31 August 2024
Approved by the Board of Trustees on 10 March 2025 and signed on its behalf by:
________Benjamin David Ewan Director
6
Foyle Vineyard Church
(A company limited by guarantee, not having a share capital) STATEMENT OF TRUSTEES' RESPONSIBILITIES
for the financial year ended 31 August 2024
The trustees, who are also directors of Foyle 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 FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". 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 charity and of the net income or expenditure of the charity for that period.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether the financial statements have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees confirm that they have complied with the above requirements in preparing the financial statements.
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. 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.
Approved by the Board of Trustees on 10 March 2025 and signed on its behalf by:
________Benjamin David Ewan Director
7
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF FOYLE VINEYARD CHURCH
I have examined the financial statements of the charity for the financial year ended 31 August 2024, which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and the related notes.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The charity's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required.
It is my responsibility to:
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examine the financial statements under section 65 of the Charities Act;
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follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and
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state whether particular matters have come to my attention.
Basis of independent examiner's report
I have examined your charity financial statements 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. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006
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the financial statements do not accord with those accounting records
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the financial statements have not been prepared in accordance with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of 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 (FRS102)
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there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
__________
John McCleary FCA MCCLEARY & COMPANY LTD
Chartered Accountants and Registered Auditors Garvey Studios 14 Longstone Street Lisburn Co.Antrim BT28 1TP
Date: 10 March 2025
8
Foyle 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 2024
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Unrestricted|Total|Unrestricted|Restricted|Total|
|Funds|Funds|Funds|Funds|Funds|
|2024|2024|2023|2023|2023|
|Notes|£|£|£|£|£|
|Income|
|Donations and legacies|3.1|59,722|59,722|59,736|14,144|73,880|
|─────── ─────── ─────── ─────── ───────|
|Expenditure|
|Charitable activities|4.1|55,002|55,002|54,567|14,389|68,956|
|─────── ─────── ─────── ─────── ───────|
|Net income/(expenditure)|4,720|4,720|5,169|(245)|4,924|
|Transfers between funds|-|-|(245)|245|-|
|─────── ─────── ─────── ─────── ───────|
|Net movement in funds for the|4,720|4,720|4,924|-|4,924|
|financial year|
|Reconciliation of funds:|
|Total funds beginning of the year|11|24,988|24,988|20,064|-|20,064|
|─────── ─────── ─────── ─────── ───────|
|Total funds at the end of the year|29,708|29,708|24,988|-|24,988|
|═══════ ═══════ ═══════ ═══════ ═══════|
----- End of picture text -----
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 11 to 14 form part of the financial statements
9
Foyle Vineyard Church
(A company limited by guarantee, not having a share capital) Company Number: NI645172 BALANCE SHEET
as at 31 August 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Current Assets | |||
| Debtors | 7 | 9,306 | 3,129 |
| Cash at bank and in hand | 21,716 | 22,841 | |
| ─────── | ─────── | ||
| 31,022 | 25,970 | ||
| ─────── | ─────── | ||
| Creditors: Amounts falling due within one year | 8 | (1,314) | (982) |
| ─────── | ─────── | ||
| Net Current Assets | 29,708 | 24,988 | |
| ─────── | ─────── | ||
| Total Assets less Current Liabilities | 29,708 | 24,988 | |
| ═══════ | ═══════ | ||
| Funds | |||
| General fund (unrestricted) | 29,708 | 24,988 | |
| ─────── | ─────── | ||
| Total funds | 11 | 29,708 | 24,988 |
| ═══════ | ═══════ |
These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
For the financial year ended 31 August 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.
The trustees confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit and loss for the 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 charity.
Approved by the Board of Trustees and authorised for issue on 10 March 2025 and signed on its behalf by
________Benjamin David Ewan Director
The notes on pages 11 to 14 form part of the financial statements
10
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
1. GENERAL INFORMATION
Foyle Vineyard Church is a company limited by guarantee incorporated in Northern Ireland. The registered office of the charity is 1st Floor 63-65 Rosemount Avenue, Derry, Londonderry, BT48 0HL, 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".
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 2024 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".
Cash flow statement
The charity has availed of the exemption in FRS 102 from the requirement to produce a cash flow statement because it is classified as a small charity.
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.
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.
11
continued
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
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.
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. | INCOME | |||||
|---|---|---|---|---|---|---|
| 3.1 | DONATIONS AND LEGACIES | Unrestricted | Restricted | 2024 | 2023 | |
| Funds | Funds | |||||
| £ | £ | £ | £ | |||
| Offerings | 45,912 | - | 45,912 | 44,693 | ||
| Gift aid | 11,228 | - | 11,228 | 10,759 | ||
| Grants | - | - | - | 14,144 | ||
| Occasional / Euro | 1,614 | - | 1,614 | 2,667 | ||
| Vineyard Hope | 968 | - | 968 | 1,617 | ||
| ─────── | ─────── | ─────── | ─────── | |||
| 59,722 | - | 59,722 | 73,880 | |||
| ═══════ | ═══════ | ═══════ | ═══════ | |||
| 4. | EXPENDITURE | |||||
| 4.1 | CHARITABLE ACTIVITIES | Direct | Other | Support | 2024 | 2023 |
| Costs | Costs | Costs | ||||
| £ | £ | £ | £ | £ | ||
| Expenditure on charitable activites | 36,015 | - | 18,987 | 55,002 | 68,956 | |
| ═══════ | ═══════ | ═══════ | ═══════ | ═══════ | ||
| 4.2 | SUPPORT COSTS | Charitable | 2024 | 2023 | ||
| Activities | ||||||
| £ | £ | £ | ||||
| Bank charges | 120 | 120 | 120 | |||
| Operational fees | 4,694 | 4,694 | 4,140 | |||
| Rent | 14,173 | 14,173 | 12,542 | |||
| ─────── | ─────── | ─────── | ||||
| 18,987 | 18,987 | 16,802 | ||||
| ═══════ | ═══════ | ═══════ | ||||
| 5. | ANALYSIS OF SUPPORT COSTS | |||||
| Basis of | 2024 | 2023 | ||||
| Apportionment | £ | £ | ||||
| Bank charges | Full | 120 | 120 | |||
| Operational fees | Full | 4,694 | 4,140 | |||
| Rent | Full | 14,173 | 12,542 | |||
| ─────── | ─────── | |||||
| 18,987 | 16,802 | |||||
| ═══════ | ═══════ |
12
continued
Foyle Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
6. EMPLOYEES AND REMUNERATION
Number of employees
The average number of persons employed (including executive trustees) during the financial year was as follows:
| 2024 | 2023 | ||
|---|---|---|---|
| Number | Number | ||
| Pastoral and Administration | 3 | 2 | |
| ═══════ | ═══════ | ||
| The staff costs comprise: | 2024 | 2023 | |
| £ | £ | ||
| Wages and salaries | 24,658 | 27,716 | |
| Pension costs | 574 | 543 | |
| ─────── | ─────── | ||
| 25,232 | 28,259 | ||
| ═══════ | ═══════ | ||
| No employees received emoluments in excess of £60,000. | |||
| 7. | DEBTORS | 2024 | 2023 |
| £ | £ | ||
| Other debtors | 7,107 | - | |
| Prepayments and accrued income | 2,199 | 3,129 | |
| ─────── | ─────── | ||
| 9,306 | 3,129 | ||
| ═══════ | ═══════ | ||
| 8. | CREDITORS | 2024 | 2023 |
| Amounts falling due within one year | £ | £ | |
| Other creditors | 114 | 82 | |
| Accruals and deferred income | 1,200 | 900 | |
| ─────── | ─────── | ||
| 1,314 | 982 | ||
| ═══════ | ═══════ |
9. 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 £574 (2023 - £543).
10. RESERVES
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| At the beginning of the year | 24,988 | 20,064 |
| Surplus for the financial year | 4,720 | 4,924 |
| ─────── | ─────── | |
| At the end of the year | 29,708 | 24,988 |
| ═══════ | ═══════ |
13
continued
Foyle Vineyard Church
(A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
| 11. | FUNDS | |||||
|---|---|---|---|---|---|---|
| 11.1 | RECONCILIATION OF MOVEMENT IN FUNDS | Unrestricted | Total | |||
| Funds | Funds | |||||
| £ | £ | |||||
| At 1 September 2022 | 20,064 | 20,064 | ||||
| Movement during the financial year | 4,924 | 4,924 | ||||
| ─────── | ─────── | |||||
| At 31 August 2023 | 24,988 | 24,988 | ||||
| Movement during the financial year | 4,720 | 4,720 | ||||
| ─────── | ─────── | |||||
| At 31 August 2024 | 29,708 | 29,708 | ||||
| ═══════ | ═══════ | |||||
| 11.2 | ANALYSIS OF MOVEMENTS ON FUNDS | |||||
| Balance | **Income ** | Expenditure | Transfers | Balance | ||
| 1 September | between | 31 August | ||||
| 2023 | funds | 2024 | ||||
| £ | £ | £ | £ | £ | ||
| Unrestricted funds | ||||||
| Unrestricted General | 24,988 | 59,722 | 55,002 | - | 29,708 | |
| ─────── | ─────── | ─────── | ─────── | ─────── | ||
| Total funds | 24,988 | 59,722 | 55,002 | - | 29,708 | |
| ═══════ | ═══════ | ═══════ | ═══════ | ═══════ | ||
| 11.3 | ANALYSIS OF NET ASSETS BY FUND | |||||
| Current | Current | Total | ||||
| assets | liabilities | |||||
| £ | £ | £ | ||||
| Unrestricted general funds | 31,022 | (1,314) | 29,708 | |||
| ─────── | ─────── | ─────── | ||||
| 31,022 | (1,314) | 29,708 | ||||
| ═══════ | ═══════ | ═══════ |
12. 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.
| 13. | TRUSTEES' REMUNERATION | 2024 | 2023 |
|---|---|---|---|
| £ | £ | ||
| Remuneration including pension contributions | 18,294 | 18,148 | |
| ═══════ | ═══════ |
There were no expenses paid to Trustees during the year ended 31 August 2024 nor for the year ended 31 August 2023.
14. POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.
14
FOYLE 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 2024
15
Foyle 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 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Income | ||
| Donations | 45,912 | 44,693 |
| Gift aid | 11,228 | 10,759 |
| Unrestricted grants | - | 14,144 |
| Occasional / Euros | 1,614 | 2,667 |
| Vineyard Hope | 968 | 1,617 |
| ─────── | ─────── | |
| 59,722 | 73,880 | |
| ─────── | ─────── | |
| Expenses | ||
| Wages and salaries | 24,658 | 27,716 |
| Trustees' defined contribution pension costs | 574 | 543 |
| Outreach | 875 | 1,245 |
| Ministries | 784 | 878 |
| Giving & missions | 3,240 | 2,721 |
| Premises expenses | 2,884 | 2,417 |
| Rent payable | 14,173 | 12,542 |
| Sunday mornings | 2,389 | 2,821 |
| Outside speakers | 100 | - |
| Church planting | 59 | - |
| Kids & youth | 142 | 229 |
| Vineyard Hope | 310 | 13,584 |
| Bank charges | 120 | 120 |
| Other resources expended | 4,694 | 4,140 |
| ─────── | ─────── | |
| 55,002 | 68,956 | |
| ─────── | ─────── | |
| Net surplus | 4,720 | 4,924 |
| ═══════ | ═══════ |
The supplementary information does not form part of the financial statements
16
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