Company Reglslratlon Number: N1652470 Charity Number: 108541 Bangor Vineyard Church IA company limited by guarantÈè, nat having a share capital) Annual Report and Unaudited Financial Statements for the financial year ended 31 August 2024
Bangor Vineyard Church IA company limited by guarantee, not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION Trustèes Benjamin David Cupples Alan Roye Carson Gunther Wolfgang Storbeck Louise Skelton Peter Kerr (Appointed 21 FebrLJary 2025) Charity Nurnber in Northern Ireland 108541 Company Registration Number N1652470 Reglstered Offlce 6 Rathmore Crescent Bangor Co Down BT19 1DG Northern Ireland Ind8p•nd8nt Examlnor Mccleary & Company Ltd Chartered Accountants and Registered Auditors Garv8y Studioy 14 Longston8 Street Co Antrim BT28 1TP
Bangor Vineyard Church IA company limited by guarantee, not having a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 August 2024 The Iruste6s present their Trustaes, Annual Report, combining the Dirèctors, Raport and Trust66s' Report. and the unaudited financial statements for the financial year ended 31 August 2024. Th8 financial statements are preparad in accordance with the Companias Act 2006, FRS 102 "Thg 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 slalem8nls in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 102). The Trustees. Report mntains the information required to be provided in the Trustees. Annual Report under the Statement of Recommended Practice ISORPI guidelines. The Iruslees of the charity are also charity truslees for Ihe 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 Bangor Vineyard Church present a summary of its purpose, governance, activities, achievements and fInans for the fSnan¢ial year 31 August 2024. The charily is a registered charity and henc8 Ihe report and resulls are presented in a form which complies with the requirements of the Companies Act 2006 and, allhouqh not obliqed to comply with the Slatemenl of Recommended Practice applicable in Ihe UK and T<epublic of Ireland FRS 102, the organis81ion has implemented its recommendations where relevant in these financial statements. Mission, Objectives and Slralegy Mission Staloment Our vlsion is lo be a church who passionately follow Jesus and lead our community into relatlonship with HIM. We believe wo are called lo encourage, equip and release people into Ihoir full potential and divina dosliny. We are committed to serving our community through being practical. generous and compassionate, 8dvanc8 To provide Christian laachlng and education Including iha promotion of heallhy relationships, rnantal health and healthy To provide pasloral care for members across a range of issues that affect wider society. To support the re-generation of our local community by aclively encouraging our members to participate in activities that bring hope and renewal. Strategy Weekly Sunday morning services with creche. kids club, youth group and church service Group homes. Regular compassion initiatives lincluding supporting local foodbanks, nursing hornes and a Christmas giveaway to suppor local youth residential cenlrel Summer BBQ and other events open lo the wider community. Structure. Governance and Management Strurture
Bangor 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 exedIng £1. Financial Review The results for the financial year are sel out on paoe 8 and additional notes are provided showing income and expenditure in greater detail. Flnanclal Results At Ihe end of the financial year the charity has assets of £19,448 {2023 - £3,972) and liabilities of £1,374 {2023 £7001. The net assets of the charity have increased by £14,800. Reserves Posltlon and Pollcy Tha company's F)olicy is lo achieve a level of froe reserves which matches the n8eds of the company both al the current time and in the foreseeable future. Free reserve5 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.. Benjamin David Cupples Alan Roye Carson Gunlher Wolfgang Storbèck Louise Skellon Peler Kerr (Appointed 21 February 2025 In accordance with th& Constitution, th8 Iruslees r8lire by rolation and, being eligible, offer Ihem8elves for re-election. Compliance with Sector-wide Legislation and Standards The charSty engages pro-acllvely with legislation, standards and codes which are developed for the sector. Bangor Vineyard Church subscribes lo and is ¢omplianl wilh Ihe following.. The Companies Act 2006 Th8 Charities SORP IFRS 102} Public Benefit In setting our objectives and planning our activities for the year, the trustees have given careful consideration lo 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 ben8ficiaries. Approved by the Board of Trustees on 27 February 2025 and slgned on Its behalf by: Benjamin David Cupples Truslee
Bangor Vineyard Church IA company limited by guarantee, not having a share capital) STATEMENT OF TRUSTEES, RESPONSIBILITIES AND DECLARATION ON UNAUDITED FINANCIAL STATEMENTS for the financial year ended 31 August 2024 General responslbllltles The truslees, who are also directors of Bangor Vineyard Church for the purposes of company law, are responsible for preparing the financial 8tatem8nts in accordance with applicable law and regulations. Company law requires the Iruslees as the directors to prapare financial statements for each financial year. Under that law the trustees have elected lo prepare the financial 51alements in accordance with United Kingdom Generally Acrepted Accounting Practice (United Kingdom Accounting Star)dards and applicablo law) including FRS102 "Thg Financial Reporting Standard applicable in the UK and Republic of Ireland" Under cornpany law the trustees must not approve the financial slalements unless they are satisfied that they give a tru8 and fair view of the slate of affairs of the charity and of the nel income expenditure the charity for that period. In preparing these financial slalements. the trustees are required lo.. select suitsble accounting policies and apply them consistently., make judgements and estimates that are reasonable and prudent.. slate whether the financlal statemen15 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 slandards., and prepare the financial statements on the going cjncern basis unless il inappropriate to presume that the charity will continue in operalion. The trustees confirm that they hAve complied with the Above requirements in preparing the finAncial statements. The Iruslees are responsible for keeping adequate accounling r8cords that ar8 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 en8LJr8 thal the financial stalemanls comply with the Companies Act 2006. Thgy are also respnnqibla for saf8gLJarding the asset5 of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other IrrularItie$. Trustees, doclaration on unaudited financial statements In relation lo the financial stalemenls comprising the Statement of Financial ActSvlties (incorporating an Income and Expendilure Account) the Balance Sheet and the related notes-. The trustees approve these financial statements and conff rm that they are responsible for them. including selecting the appropriate accounting policiès. applying them consistenlly and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going cOnM basi5 on the ground5 that the charity will continue in operation. The trustees confirm that they have made available lo Mccleary & Company Ltd, Chartered Accountants and Registered Auditors, all Ihe charity's accounting records and provided all the informalion, books and documents necessary for Ihe compilation of the financial statements. The trustees confirm that to the best of their knowledge and belief, the accounting records reflect all the transactions of the charity for the financial year ended 31 August 2024.
Approved by thè Board of Trustèes on 27 February 2025 and slgned on Its behalf by: Benjamin David Cupples Tru8teo
Bangor Vineyard Church IA company limited by guarantee, not having a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF BANGOR VINEYARD CHURCH I havè examined the financial statements of the charity for the financial year ended 31 August 2024, which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and the related nol&s. Re$pectlve responslbllltles of Irustee$ and examlner Thg charity's Irusteas (who are also the directors of the company for the purposes of company law} arg responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The charity's Irusteas congider thal an audit is not required for this financial year undor Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. 11 is my responslbilily to.. examine the financial statements under section 65 of the Charitie5 Act., follow the procedures laid down by the general Directions given by the Charity Commission for Northern Ir81and under section 6519)(b) of the Charities Act,. and slate whether particular matters have come to my attention. Basls of Independent examlnerfs report I have examined your charity financial slatemenls as required under section 65 of the Charities Act and my examinalion was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 651911b} of the Cht)rilies Act. An examination includes a review of the accounting records kept by the charity and comparison of the financial statements presenled with those records. It also includes consideration of any unusual items or disclosur8s in th& financial sla18menls and seeking explanations Irom the Irusle&s concerning any such ma118rs. The procedures undertaken do not provide all the evldence that would be required in an audlt and consequently no opSnion Is given as to whelher the accounls presenl a true and fair view and Ihe report is limiled to those mallers set out in Ihe statement below. In ¢onne¢lion wSth my examination, no matter has Come lo my attenllon which glves me cause to belleve that in, any material respect.. accounling records were not kept in accordance with section 386 of the Companies Act 2006 the financial statements do not accord with those accounting records the financial statements have not been prepared in accordance wth the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statemenl of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS1021 there is further information needed for a proper understanding of the accounts to be reached. Independent 8xamin&rfs stalement I have no COnrnS 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 undèrstanding of the financial statem8nls lo be reached. John Mccleary FCA MCCLEARY & COMPANY LTD Chartered Accountants and Registered Auditors Garvey Sludios 14 Longslone Street Co Antrim BT28 1TP
Date: 27 February 2025
Bangor Vineyard Church IA company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES Ilncorporatlng an Income and Expendlture Account) for the financial year ended 31 August 2024 Unrestrlctsd Restrlcted Total Unrestricted Restricted Total Funds Funds Funds Funds Funds Funds 2024 2024 2024 2023 2023 2023 Notes Income Donations and legacies Olher income 59,724 59,724 41,712 2,123 43.835 1,485 1,485 927 927 Tolal income 59,724 1,485 61,209 42,639 2,123 44,782 Expendlture Charitable aGlivities 44,637 1,772 46,409 42,881 3.725 46.606 Net incomellexpÈnditur8) 15,087 12871 14,800 (2421 11,6021 11,8441 Transfers between funds {2871 287 (1.6021 1,802 Net movement in funds for th8 financial ygar 14.800 14,800 {1,8441 11,8441 Reconciliation of funds: Total funds beginning of the year 11 3.272 3.272 5,116 5,116 Tolal funds al the end of the year 18,072 18,072 3,272 3.272 The Statement Df Financial ActThiilies includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.
Bangor Vineyard Church IA company limited by guarantee, not having a share capital) Company NumbÈr= N1652470 BALANCE SHEET as al 31 August 2024 2024 2023 Notes Current Assets Debtors 311 420 Cash al bank and in hand 19,135 3,552 19.446 3,972 Credltors: Amounts falllng duè wlthln one year (1,374) {700) Met Current Assets 18.072 3,272 Tolal A88ets le55 Current Liabilitie5 18,072 3,272 Funds General lund lunrestricled) 18,072 3,272 Tolal funds 11 18,072 3,272 These financial statements have been prepared in accordance with the specS2l provisions relating to small companies within Part 15 of the Companiès Act 2006. For the financial year ended 31 August 2024 the charity was entitled to exemption from audit under section 477 of the Cnmpanieq Art 2006., and no nolicp has been depo.qiled undpr section 476. The Iruslees confinn that Ihe members have not required the company lo obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006. The Irust88s acknowledge their responsibilities for ensuring Ihat th8 charity k8eps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the Stale of affairs of the charity as al the end of Ihé financial year and of ils profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requiremen15 of the Companies Act 2006 relating to financial stalemenls. so far as applicable lo the charily. Approved by the Board of Trustoes and authorlsed for Issue on 27 February 2025 and slgned on Its behalf by Benjamln Davld Cupples Trustee
Bangor Vineyard Church IA company limited by guarantee. not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 August 2024 GENERAL INFORMATION Bangor Vineyard Church is a company limited by guarantee incorporated in Northem Ireland. The registered office of the charity is 6 Rathmore Crescent, Bangor, Co Down, BT19 1 DG, Northern Ireland which is also the principal place of business of the charity. The financial statements have been presented in Pound (£1 which is also the functional currency of the charity. SUMP¥lARY OF SIGNIFICANT ACCOUNTING POLICIES Th8 following accounting policies have been applied consistently in dealing with itern5 which are considered material in relatlon to the charitys fflnancial ststemenls. Basis of preparalion The financial statements have been prepared on the going concern basis under the historical cosl convention, modifiad to include cèriain itèms at fair value. Th8 financial slalèmènls have b@8n prepargd in accordanco with thè Statement of R8comm8nded PractlC8 ISORPI "Accounting and Reporting by Charities pr8paring their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" As permilled by the Companies Act 2006, the charity has varied the standard formals in thal act for the Statement of Financial Activities and the Balance Sheet. Depariures from lh8 slandard formals are lo comply with the requirements ofth8 Charities SORP and are in compliance with section 4.7, 10.8 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 wf(h the Slalemenl of Recommended Praclice ISORP) 'Accounling and Reporting by Charities preparing their accounts in accordanc8 with the Financial R8POrting Standard applicable in the UK and Republic of Ireland FRS 102". Cash flow staternent The charity has availed of the exemption in FRS 102 from the requirement to produce a cash flow stalemenl because it is classified as a small charity. Fund accountlng The following are the categories of funds maintaSned'. Rastrictod fund8 Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectlV8s of Ihe charity. Unre8lrlcted funds Unre51ricted funds onsist General funds. General funds represent amounts which are expendable al the discretion of the board, in furtherance of the objectives of the charity. Income Incomè is recognised by inclusion in the Slalemenl of Financial Activities only when the charity is legally entitled to the incorne, performance conditions attached to the ilem{sl of income have been met. the amounts involved can be measured with sufficient reliability and il is probable that the income will be received by the charily.
Expenditure Expenditure is analysed between costs of charitable adivities 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 Ixnefits is required in settlement and the amount of the obligalion can be reliably measured. Support costs are those functions that assist the work of the charity bul cannot be attributed to one activity. Such costs are allocated to activities In proportion lo staff time spenl or Dlher suitable measure for each activity. Cash at bank and In hand Cash at bank and in hand comprises cash on deposit at banks requiring less than threg months notico of withdrawal. Taxation No current or deferred taxation arises as the charily has been granled charitable exemplion. Irrecoverable valued added tax is expensed as incurred. Pensions The charity operat8s a defined contribution p8nsion Scheme for employees. The assets of the schem8 are held separalely from thos8 of the charlly. Annual conlribulions payable lo the ¢haritls pension scheme are Charged to the income and expenditure aGcount in the period lo which they relate INCOME DONATIONS AND LEGACIES UnreBtrictod R8stricted 2024 2023 Funds Funds Donation5 50,654 9,070 50.654 9,070 37,192 ,643 Glft aid 59,724 59,724 43,835 3.2 OTHER INCOME Unrestricted Restrlcled 2024 2023 Funds Funds other incom8 1,485 1,485 927 EXPENDITURE 4.1 CHARITABLE ACTIVITIES Dlrect Costs Other Costs Support Cosls 2024 2023 Expenditure on charitable activites 35.874 10,535 46,409 46,606 SUPPORT COSTS Charltable 2024 2023 Activities Assals 4.984 257 103 4,984 257 4,282 265 Bank charges Travel and mileage 103 369
Professional fees 2,526 2,665 2,526 2,665 2,498 3,001 Sundries 10.535 10,535 1Q,415 ANALYSIS OF SUPPORT COSTS Basis of 2024 2023 Apportionment Assets 10001. 1 OOL/Tro 100% 1000 4.984 257 103 4.282 265 369 2,498 3,001 Bank charges Travel and mileage Professional fees Sundries 2,526 2,665 10,535 10,415 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed lincluding executive trustees) during the financial year was as follows.. 2024 2023 Number Number Pastoral Staff The staff costs comprise.. 2024 2023 Wages and salaries Pension costs 11.333 680 11,333 680 12,013 12,013 No employees received emoluments in excess of £60,000. DEBTORS 2024 2023 Other debtors 311 420 311 420 CREDITORS Amounts falling due within one yoar 2024 2023 Accruals and deferred income 1,374 700
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 indgpendently adminislered fund. Pension costs amounted to £680 (2023 - £6801. 10. RESERVES 2024 2023 Al the beginning of the year Surplusl(Deficil) for the financial year 3,272 14,800 5,116 11.844) Al the end of the year 18,072 3,272 11. FUNDS 11.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Total Funds Funds Al 1 September 2022 Movement during the financial year 5.116 11,844) 5,116 11,844} Al 31 August 2023 Movement during th8 financial y8ar 3,272 14,800 3,272 14,800 Al 31 August 2024 18,072 18,072 11.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance Income Expendilure Transfers Balance 1 September 2023 between 31 August 2024 funds Church Events Unrestricled funds 1.485 1,772 287 Unrestricted General 3,272 59,724 44,637 (2871 18,072 Totsl funds 3,272 61,209 46,409 18,072 11.3 ANALYSIS OF NET ASSETS BY FUND Current Current Tolal assets Unrestricted general funds 19,44 (1.374 18,072
19,446 (1,374 18,072 12. STATUS The charity is a company limiled by guaranlee not having a share capital. The the members limited Every member of the company undertakes lo contribute lo Ihe assets of the company in the event Df 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 adjustmenl of the rights of the contributors among themselves, such amount as may be required, not exceeding £ 1. 13. TRUSTEES. REMUNERATION There were no trustees, remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 2 0 2 3 There were no trustees, expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023. 14. POST-BALANCE SHEET EVENTS There have been no signilicant events affecting the Charity since Ihe financial year-end, 15. RELATED PARTY TRANSACTIONS The Charity's employee, Rebecca Cupples is the wlfe of trustee Ben Cupples. Vvages paid lo Rebecca are detailed in note 6. This docun]ent was delivered using electronic communications and authenticated in accordance with the registrai s rules relating to electroiiic t'onn, authentication and manlier of deliveiy under section 1072 of tlie Companies Act 2006.