**Company Registration Number: NI652470 Charity Number: 108541** ## **Bangor 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 2025** ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) CONTENTS** ||**Page**| |---|---| |Reference and Administrative Information|3| |Trustees' Annual Report|4 - 5| |Statement of Trustees' Responsibilities and Declaration on Unaudited|6| |Financial Statements|| |Independent Examiner's Report|7| |Statement of Financial Activities|8| |Balance Sheet|9| |Notes to the Financial Statements|10 - 14| |Supplementary Information relating to the Financial Statements|16| **2** **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) REFERENCE AND ADMINISTRATIVE INFORMATION** ## **Trustees** **Charity Number in Northern Ireland Company Registration Number** ## **Registered Office** ## **Independent Examiner** Benjamin David Cupples Alan Roye Carson Gunther Wolfgang Storbeck Louise Skelton Peter Kerr (Appointed 21 February 2025) 108541 NI652470 6 Rathmore Crescent Bangor Co Down BT19 1DG Northern Ireland McCleary & Company Ltd Chartered Accountants and Registered Auditors Garvey Studios 14 Longstone Street Co Antrim BT28 1TP **3** ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT** for the financial year ended 31 August 2025 The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the unaudited financial statements for the financial year ended 31 August 2025. The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Bangor Vineyard Church present a summary of its purpose, governance, activities, achievements and finances for the financial year ended 31 August 2025. The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements. ## **Mission, Objectives and Strategy** ## **Objectives and Activities** Our vision is to be a church who passionately follow Jesus and lead our community into relationship with Him. We believe we are called to encourage, equip and release people into their full potential and divine destiny. We are committed to serving our community through being practical, generous and compassionate. ## **Objectives:** To advance the Christian faith. To provide Christian teaching and education including the promotion of healthy relationships, mental health and healthy financial stewardship. To provide pastoral care for members across a range of issues that affect wider society. To support the re-generation of our local community by actively encouraging our members to participate in activities that bring hope and renewal. ## **Activities:** ## Weekly Worship & Youth Engagement - Sunday Morning Services: Held weekly with vibrant worship, biblical teaching, and opportunities for prayer and reflection. - Kids & Youth Programme: Age-appropriate teaching and activities run concurrently with Sunday services, nurturing faith in younger generations and equipping them to grow in their relationship with God. ## Small Groups & Discipleship - Home-Based Small Groups: Meet regularly for pastoral care, prayer, and discipleship. These groups provide a safe space for deeper relationships, spiritual formation, and mutual support. ## Serving our Community • Ongoing Compassion Initiatives: Including partnerships with local foodbanks, practical support for families in need, and seasonal initiatives such as our Christmas Giveaway, which provides gifts and essentials to a local youth residential centre. ## Community Engagement & Events - Men’s and Women’s Events: Regularly hosted gatherings that are open to all, designed to foster connection, encourage faith, and welcome newcomers. - Invitational Focus: Events are intentionally designed to be accessible and welcoming to those exploring faith or seeking community. - Family Weekend: A dedicated weekend for the whole church family to gather for celebration, worship, activities and connection. **4** **Bangor Vineyard Church (A company limited by guarantee, not having a share capital)** ## **TRUSTEES' ANNUAL REPORT** for the financial year ended 31 August 2025 Life Milestones & Celebrations • Baptisms, Weddings, and Dedications: We offer pastoral support and celebration for key life moments, affirming people’s faith journey and family commitments within the church community. ## Leadership Development • Leadership Essentials Programme: A two-year journey designed to equip individuals at any stage of leadership - whether in the church, workplace, or wider community. The programme combines theological grounding, practical skills, and personal growth. • One-to-One Support: We invest in leaders through mentoring, spiritual direction, coaching, and counselling, recognising that leadership is both a calling and a journey best walked with others. ## **Structure, Governance and Management** ## **Structure** ## **Governing Document** 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 exceeding £1. ## **Financial Review** The results for the financial year are set out on page 8 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 £33,314 (2024 - £19,446) and liabilities of £1,445 (2024 - £1,374). The net assets of the charity have increased by £13,797. ## **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: Benjamin David Cupples Alan Roye Carson Gunther Wolfgang Storbeck Louise Skelton Peter Kerr (Appointed 21 February 2025) In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election. ## **Compliance with Sector-Wide Legislation and Standards** The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Bangor Vineyard Church subscribes to and is compliant with the following: - The Companies Act 2006 - The Charities SORP (FRS 102) ## **Public Benefit** In setting our objectives and planning our activities for the year, the 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. ] ## **Approved by the Board of Trustees on 17 December 2025 and signed on its behalf by:** **________________________________ Benjamin David Cupples[Trustee ]** **5** ## **Bangor Vineyard Church** ## **(A company limited by guarantee, not having a share capital) STATEMENT OF TRUSTEES' RESPONSIBILITIES** for the financial year ended 31 August 2025 ## **General responsibilities** The trustees, who are also directors of Bangor 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: - select suitable accounting policies and apply them consistently; - make judgements and estimates that are reasonable and prudent; - 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 - 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. ] ## **Trustees' declaration on unaudited financial statements** In relation to the financial statements comprising the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and the related notes: The trustees approve these financial statements and confirm that they are responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the charity will continue in operation. The trustees confirm that they have made available to McCleary & Company Ltd, Chartered Accountants and Registered Auditors, all the charity's accounting records and provided all the information, books and documents necessary for the 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 2025. **Approved by the Board of Trustees on 17 December 2025 and signed on its behalf by:** **________________________________ Benjamin David Cupples[Trustee ]** **6** ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF BANGOR VINEYARD CHURCH** I have examined the financial statements of the charity for the financial year ended 31 August 2025, which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet 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: - examine the financial statements under section 65 of the Charities Act; - 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 - 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: - accounting 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 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) - 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 Co Antrim BT28 1TP > **[Date: ][17][ December 2025 ]** **7** ## **Bangor Vineyard Church** ## **(A company limited by guarantee, not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES** ## **(Incorporating an Income and Expenditure Account)** for the financial year ended 31 August 2025 |||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||**Funds**|**Funds**|**Funds**|Funds|Funds|Funds| |||**2025**|**2025**|**2025**|2024|2024|2024| ||**Notes**|**£**|**£**|**£**|£|£|£| |**Income**|||||||| |Donations and legacies|**3.1**|**73,279**|**866**|**74,145**|59,724|-|59,724| |Other income|**3.2**|**101**|**1,164**|**1,265**|-|1,485|1,485| |||───────|───────|───────|───────|───────|───────| |**Total income**||**73,380**|**2,030**|**75,410**|59,724|1,485|61,209| |||───────|───────|───────|───────|───────|───────| |**Expenditure**|||||||| |Charitable activities|**4.1**|**57,046**|**4,567**|**61,613**|44,637|1,772|46,409| |||───────|───────|───────|───────|───────|───────| |**Net income/(expenditure)**||**16,334**|**(2,537)**|**13,797**|15,087|(287)|14,800| |Transfers between funds||**(2,537)**|**2,537**|**-**|(287)|287|-| |||───────|───────|───────|───────|───────|───────| |**Net movement in funds for**||**13,797**|**-**|**13,797**|14,800|-|14,800| |**the financial year**|||||||| |**Reconciliation of funds:**|||||||| |Total funds beginning of the|**13**|**18,072**|**-**|**18,072**|3,272|-|3,272| |year|||||||| |||───────|───────|───────|───────|───────|───────| |**Total funds at the end of**||**31,869**|**-**|**31,869**|18,072|-|18,072| |**the year**|||||||| |||═══════|═══════|═══════|═══════|═══════|═══════| The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. The notes on pages 10 to 14 form part of the financial statements **8** ## **Bangor Vineyard Church** ## **(A company limited by guarantee, not having a share capital) Company Number: NI652470 BALANCE SHEET** as at 31 August 2025 |||**2025**|2024| |---|---|---|---| ||**Notes**|**£**|£| |**Fixed Assets**|||| |Tangible assets|**8**|**1,687**|-| |||───────|───────| |**Current Assets**|||| |Debtors|**9**|**937**|311| |Cash at bank and in hand||**30,690**|19,135| |||───────|───────| |||**31,627**|19,446| |||───────|───────| |**Creditors: Amounts falling due within one year**|**10**|**(1,445)**|(1,374)| |||───────|───────| |**Net Current Assets**||**30,182**|18,072| |||───────|───────| |**Total Assets less Current Liabilities**||**31,869**|18,072| |||═══════|═══════| |**Funds**|||| |Designated funds (Unrestricted)||**25,258**|-| |General fund (unrestricted)||**6,611**|18,072| |||───────|───────| |**Total funds**|**13**|**31,869**|18,072| |||═══════|═══════| 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 2025 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 17 December 2025 and signed on its behalf by** **________________________________ Benjamin David Cupples[Trustee ]** The notes on pages 10 to 14 form part of the financial statements **9** ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS** for the financial year ended 31 August 2025 ## **1. GENERAL INFORMATION** Bangor Vineyard Church is a company limited by guarantee incorporated in Northern Ireland. The registered office of the charity is 6 Rathmore Crescent, Bangor, Co Down, BT19 1DG, Northern Ireland. The principal place of business of the charity is Castle Park Rd, Bangor, BT20 4TD. 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 2025 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102". ## **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 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. **10** continued ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS** for the financial year ended 31 August 2025 ## **Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: ## Plant and machinery - 25% Reducing balance ## **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** 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**|**2025**|2024| ||||**Funds**|**Funds**||| ||||**£**|**£**|**£**|£| ||Donations||**60,498**|**866**|**61,364**|50,654| ||Gift aid||**12,781**|**-**|**12,781**|9,070| ||||───────|───────|───────|───────| ||||**73,279**|**866**|**74,145**|59,724| ||||═══════|═══════|═══════|═══════| |**3.2**|**OTHER INCOME**||**Unrestricted**|**Restricted**|**2025**|2024| ||||**Funds**|**Funds**||| ||||**£**|**£**|**£**|£| ||Other income||**101**|**1,164**|**1,265**|1,485| ||||═══════|═══════|═══════|═══════| |**4.**|**EXPENDITURE**|||||| |**4.1**|**CHARITABLE ACTIVITIES**|**Direct**|**Other**|**Support**|**2025**|2024| |||**Costs**|**Costs**|**Costs**||| |||**£**|**£**|**£**|**£**|£| ||Expenditure on charitable activities|**50,774**|**-**|**10,839**|**61,613**|46,409| |||═══════|═══════|═══════|═══════|═══════| |**4.2**|**SUPPORT COSTS**|||**Charitable**|**2025**|2024| |||||**Activities**||| |||||**£**|**£**|£| ||Assets|||**4,151**|**4,151**|4,984| ||Bank charges|||**809**|**809**|257| ||Travel and mileage|||**195**|**195**|103| ||Professional fees|||**2,940**|**2,940**|2,526| ||Depreciation|||**563**|**563**|-| ||Sundries|||**2,181**|**2,181**|2,665| |||||───────|───────|───────| |||||**10,839**|**10,839**|10,535| |||||═══════|═══════|═══════| **11** continued ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS** for the financial year ended 31 August 2025 ## **5. ANALYSIS OF SUPPORT COSTS** |||**Basis of**|**2025**|2024| |---|---|---|---|---| |||**Apportionment**|**£**|£| ||Assets|100%|**4,151**|4,984| ||Bank charges|100%|**809**|257| ||Travel and mileage|100%|**195**|103| ||Professional fees|100%|**2,940**|2,526| ||Depreciation|100%|**563**|-| ||Sundries|100%|**2,181**|2,665| ||||───────|───────| ||||**10,839**|10,535| ||||═══════|═══════| |**6.**|**NET INCOME**||**2025**|2024| ||||**£**|£| ||**Net Income is stated after charging/(crediting):**|||| ||Depreciation of tangible assets||**563**|-| ||||═══════|═══════| ## **7. EMPLOYEES AND REMUNERATION** ## **Number of employees** The average number of persons employed (including executive trustees) during the financial year was as follows: ||**2025**|2024| |---|---|---| ||**Number**|Number| |Pastoral Staff|**1**|1| ||═══════|═══════| |The staff costs comprise:|**2025**|2024| ||**£**|£| |Wages and salaries|**13,601**|11,333| |Pension costs|**816**|680| ||───────|───────| ||**14,417**|12,013| ||═══════|═══════| No employees received emoluments in excess of £60,000. ## **8. TANGIBLE FIXED ASSETS** |**TANGIBLE FIXED ASSETS**||| |---|---|---| ||**Plant and**|**Total**| ||**machinery**|| ||**£**|**£**| |**Cost**||| |Additions|2,250|2,250| ||───────|───────| |At 31 August 2025|2,250|2,250| ||───────|───────| |**Depreciation**||| |Charge for the financial year|563|563| ||───────|───────| |At 31 August 2025|563|563| ||───────|───────| |**Net book value**||| |At 31 August 2025|**1,687**|**1,687**| ||═══════|═══════| **12** continued ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS** for the financial year ended 31 August 2025 |**9.**|**DEBTORS**|**2025**|2024| |---|---|---|---| |||**£**|£| ||Other debtors|**913**|311| ||Taxation and social security costs|**24**|-| |||───────|───────| |||**937**|311| |||═══════|═══════| |**10.**|**CREDITORS**|**2025**|2024| ||**Amounts falling due within one year**|**£**|£| ||Accruals and deferred income|**1,445**|1,374| |||═══════|═══════| ## **11. 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 £816 (2024 - £680). ## **12. RESERVES** |||**2025**|2024| |---|---|---|---| |||**£**|£| ||At the beginning of the year|**18,072**|3,272| ||Surplus for the financial year|**13,797**|14,800| |||───────|───────| ||At the end of the year|**31,869**|18,072| |||═══════|═══════| |**13.**|**FUNDS**||| |**13.1**|**RECONCILIATION OF MOVEMENT IN FUNDS**|**Unrestricted**|**Total**| |||**Funds**|**Funds**| |||**£**|£| ||At 1 September 2023|3,272|3,272| ||Movement during the financial year|14,800|14,800| |||───────|───────| ||At 31 August 2024|18,072|18,072| ||Movement during the financial year|13,797|13,797| |||───────|───────| ||At 31 August 2025|**31,869**|**31,869**| |||═══════|═══════| ## **13.2 ANALYSIS OF MOVEMENTS ON FUNDS** ||**Balance**|**Income **|**Expenditure**|**Transfers**|**Balance**| |---|---|---|---|---|---| ||**1 September**|||**between**|**31 August**| ||**2024**|||**funds**|**2025**| ||**£**|**£**|**£**|**£**|**£**| |**Restricted funds**|||||| |Church Events|-|2,030|4,567|2,537|-| |**Unrestricted funds**|||||| |General|18,072|71,816|57,046|(26,231)|6,611| |Designated funds:|||||| |Building|-|1,537|-|20,239|21,776| |Strategic Reserve|-|27|-|3,455|3,482| ||───────|───────|───────|───────|───────| ||18,072|73,380|(57,046)|(2,537)|31,869| ||───────|───────|───────|───────|───────| |**Total funds**|**18,072**|**75,410**|**61,613**|**-**|**31,869**| ||═══════|═══════|═══════|═══════|═══════| **13** continued ## **Bangor Vineyard Church (A company limited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS** for the financial year ended 31 August 2025 ## **13.3 ANALYSIS OF NET ASSETS BY FUND** ||**Fixed**|**Current**|**Current**|**Total**| |---|---|---|---|---| ||**assets**|**assets**|**liabilities**|| ||**- charity use**|||| ||**£**|**£**|**£**|**£**| |Unrestricted designated funds|-|25,258|**-**|25,258| |Unrestricted general funds|1,687|6,345|**(1,421)**|6,611| ||───────|───────|───────|───────| ||1,687|31,603|**(1,421)**|31,869| ||───────|───────|───────|───────| ||**1,687**|**31,603**|**(1,421)**|**31,869**| ||═══════|═══════|═══════|═══════| ## **14. 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. ## **15. TRUSTEES' REMUNERATION** There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024. There were £864 of trustees' expenses paid for the year ended 31 August 2025. There were no trustees' expenses paid for the year ended 31 August 2024. ## **16. POST-BALANCE SHEET EVENTS** There have been no significant events affecting the Charity since the financial year-end. ## **17. RELATED PARTY TRANSACTIONS** The Charity's employee, Rebecca Cupples is the spouse of trustee Ben Cupples. Wages paid to Rebecca are detailed in note 7. **14** ## **BANGOR VINEYARD CHURCH** **(A company limited by guarantee, not having a share capital)** ## **SUPPLEMENTARY INFORMATION** ## **RELATING TO THE FINANCIAL STATEMENTS** **FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025** **15** ## **Bangor Vineyard Church** ## **(A company limited by guarantee, not having a share capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS** Operating Statement for the financial year ended 31 August 2025 ||**2025**|2024| |---|---|---| ||**£**|£| |**Income**||| |Donations|**61,364**|50,654| |Gift aid|**12,781**|9,070| |Other income|**1,265**|1,485| ||───────|───────| ||**75,410**|61,209| ||───────|───────| |**Expenses**||| |Wages and salaries|**13,601**|11,333| |Staff defined contribution pension costs|**816**|680| |Venue costs|**12,550**|12,825| |Children's ministry|**2,452**|1,618| |Out gifting|**1,420**|1,648| |Other Sunday costs|**1,229**|1,431| |Events|**6,941**|1,534| |Resources|**424**|411| |Conferences|**422**|-| |Outward facing ministry|**883**|431| |VCUKI|**3,240**|1,960| |Leadership training|**3,308**|1,831| |Printing, postage and stationery|**109**|172| |Assets|**4,151**|4,984| |Other ministry|**2,985**|-| |Travelling and subsistence|**195**|103| |Entertaining|**394**|-| |Legal and professional|**2,940**|2,526| |Bank charges|**809**|257| |General expenses|**2,181**|2,665| |Depreciation|**563**|-| ||───────|───────| ||**61,613**|46,409| ||───────|───────| |**Net surplus**|**13,797**|14,800| ||═══════|═══════| The supplementary information does not form part of the financial statements **16**