Charity Registration No. SC045176 IS¢otlandl FALKIRK VINEYARD CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 FALKIRK VINEYARD CHURCH CONTENTS Pagè Trustees, report Independent examiner's report Receipts and Payrnenls Account statement of Ba58nc85 ote5 tts th6 finÈneial statements 9-14 FALKIRK VINEYARD CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Th8 trust8e$ are pleased lo present their report and financial statements for the year ended 30 S8plernber 2024. The financial slaternenls have been prepared in accorijance with the accounting policies sel out In ntste 1 to the financial statements and comply with Ihe charitys constitullon, the Char¢Lies 8nd Trustee Investment Iscotlandl Act 2005. Ihe Charilles Accounts (Scollandl Regulations 2006 las atnendedl and 'Aocounling and Repoiing by Charities.. Statement DI Recommended Pr8Ctic8 applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. leffeclive 1 January 20191. Oblectlvès and actlvltles The charity is a church eslablished lor charitable purposes only, and in particular the objectives are.. To 8dvance Ihe Christian r81igion for public benefil in the United Kingdom and worfdwide through." The organlsation 8nd provisiofi of Christy'an worship-, The provislon of such facilities and services as are appropriate lor the church. lo enabte il to fijlfil Sts mission to the members ol the Chui¢h, visitors to the Church, the lo￿1 community and the wider community.. The provision of facilities for Christian tra1ning and service,. The support and provision of Christian evangelism and oulre8ch., The provision of a55iStance to the ￿￿der Christian church and Its fflinistries. Achlevements and performanco l am delighted lo write this report as 3 reflection of what was an exciting 8nd positive year in the life ol F81kirk Vireyard Church. Whilsl we were presefjled wilh challenges across the year God has been faithful lo us. I have captured some of the key highlights below. The financial position of FVC was further strengthened by an increase in regular tithing and one-off gifts. We also saw incredible financial provision wlth the creation of a property fund further setting us on the road towards our own permanent Sunday venue. 2024 saw FVC take ils f*rst long term15 yearl lease on a property166 union road) creatlng an exciting place for our Lave Falkirk food pantry, church off1ce and Space for ministry. The renovation proc8SS started in lale 2024 and was lully funded by grant funding and the church property fund. As a board we were delighted to create two new s18ff team roles 1 year FTC (Worship Pastor & Kids and Family Paslorl. As a result, it ha5 bEell excitsng to see the gfowth and d8velopment in both min151ri8s. We were also able to extend our Teaching Pastor and Senior Pastor FTC ft>r a further year. We endèd th8 y8ar with a surplus which allowed us lo invest In new lechnology to ai¢Y kids si9n in and safeguarding as wèll as a hegring loop system lor our Sunday sèrvic8S. We have seen growth in Sunday services atterldance and a huge jump in Ihe children in FVKids each week. Our Children's & Families Pastor has increased the number ol rooms we use for Kid's Church with further plans for growlh. Safeguarding w8s a key focus for the board in 2024 8nd 8s 8 ￿s￿1t we 8ppDinted both a ne Saleguardlng Officer and Deputy Safeguarding Officer and also a trustee dedicated to overs8eing our safeguarding. The team h8ve spent considerable lime le5ting and strengthening our saleguaiding procedures-A massive thanks from me for the time spent by the team. We also refreshed all our policies acr055 the yeaf lo ado furiher goveinance alld controls to ensu￿ oui ongoing security aNd financial prudence. Love Falkirk continued to expand our ministry in Falkirk providing c90QO meals across the year as well as p¥oviding gifts and Christsnas dinner for 80 family's. We are very gratef￿1 to our grant funding partners who have bought Into the vision w8 hav8 for Falkirk and have suppori8d us financially to h81p our mission to bring families out ol poverty. Whilst the Love Falkifk team were present&d with a challenge when our original lo¢ation lor the pantry was clo58d al short noti￿, we saw incredible bl85sing by beino able lo buy a van lo provide a mobi pantry. FALKIRK VINEYARD CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Our Mainly Music Ministry 8ach week brings together parenlslguardians of around 25 Children 11> song an(5 fun. It has been excellenl to See the support that mainly musi¢ is to 50 many families in 3 supportive and loving environment. Each year, FVC lilhe 15°/0 ol our Imcom8 to other Causes- this year we were d6lighted lo support Quiet waters, LOVÈ the one. Go Youth Trust, and Polrnont Community Hub over and above our 5% lithe to VCUKI. 11 has been 8n exciting year seeing God move across all areas of the chureh. A rnassive thanks to Ihe board ol Trustees who operate with the integrity and rigour needed to maintain good governanc8 alongside supwrting the V15ion for FVC. Most of all, the gbry belongs to God who has SLtpported and sustained us in 23124 and l am excited to see how FVC will continue lo minister to the people of Falkirk. Blessing Financlal review There was a surplus lor Ihe year of £83.54112023.' £22,538). Risk management The ttustees have assessed the tnajor risks lo which thg charity >s exposed, 3nd are sallsfled that systems are In plaee to mitig8te exposure to the rnajor risks. Plans for future periods As we look fonvard into the next financial year we continue lo bu1￿ financial resilience with 8 particulale focus on opportunily to secure a permarnenl Sunday venue. As a board our locus remains on supporting the vision of F8lkirk vineyard church serving the people of Falkirk. Structure. governance and management The charity is a Scottish Charitable Incorpoiated Oryanisation and is governed by it's constitution. FALKIRK VINEYARD CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Reference and Administrative Informatlon Charity Nan*'. Falkirk Vineyard Church Charity Nutnb8r', SC045176 Reglstered Officè.. 51 Sunnyside Avenue Brightons Falkirk IK2 OGE The Board of Truslees.. Independent Examinei.. T:'.ginbtsl) bUOPgl Accc)unlanls 3 Castle Couri l)unlermlin* KY11 8PB Bankers= The C&operatlve Bénk p.l.c 1 Balloon Street hAanchesler M4 4BE FALKIRK VINEYARD CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Statement of trustees, responsibllitles The trustees, who are also the direclofS of Falkirk Vineyard Church for the purpos8 of company law, are responslble for preparing the TILJStees' Report and the financial slalernenls in accordance wlth app￿"cable law and United Kingdom Accounttng Standards (United Kingdom Generally Accepted Accounting Praclicel. Company Law requirès th8 trustees to prepar8 financial stat8rn8nts for each financial year which gwe a Iru8 and fair view of th8 Statè ol affairs of the charily and of th8 incorning r8sources and application ol resources. including th8 incornè and expendilure. ol the charitab18 eompany lor that year. In preparing these financial slatèmènls, Ihe trustees are required lo.. selecl suitable 8C(X)Unling policies and then 8pply thgm consisienlly., - obseNe Ihe melhods and principles in Ihe Gharities SORP". . make judgements and estimates that are reasonable and prudent., stale whether applicable UK Accountirng Standards have been folbwed, subject to any materlal departures disc105ed 8nd explailled In the financial staternent5' and prepare the financial statements on the going concpm b8515 unless il is inappropriate to presurre that Ihe charily wll CDntinue in operation. Tha trustees are responsible for k8èpin9 Bdequate accounting Trcords that disdose with 18850nablè accuracy at any time the financi81 Pos￿0￿ ol the eharity and enable thern to ensuré that Ihe financial statements comply with the Charities aNd Truslae Investment Iscotlandl Act 2005, th8 Charilièg Aceounis Iscollandl Regulat￿n$ 2008 las amended) and Ihè Companies Acl 2006. They are also responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps lor Ihe pievents.on and detection ol fraud and olher irregularities. The IfUStee5 ale responsible lor the Triainlenan￿ and integrity ol the charity and financial infomiation induded on the chaiily's website. Legislation in the United Kingdom goveming the preparation and dis88mination of financial statemonts may differ frorn legislation in othgrjurisdictions. T11￿ Iruqtoes, rcporl,WllL s approved by the Board of Trttst8es. FALKIRK VINEYARD CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FALKIRK VINEYARD CHURCH I report on the financial statements of th8 charity for the year gnded 30 Sept8mber 2024, which arg sel out on pages 6 to 14. Re$poctlvè rèsponsibililles of tru5te8s and examlnef The chanly's Iruslees, whts are also the directors of Falkirk Vineygrd Church for Ihe purposes o>f company law, are responsibk ftsr the p￿paratiOn of the financial slalemen15 in accordance with Ihè terms ol the Charilie5 and Tfuslee Investments (Scotlandl Act 2005 and the Charities Accounts IScx)tl8ndl Regulations 2006. The ttustees consider that the audit requiroment of Regulation 101111al to Icl of the 2006 Accounis Regulatlons FOR THE YEAR ENDED 30 SEPTEMBER 2024 Support costs Support Govemance cost8 costs 2024 2023 Independ8ril Examination lee 582 582 558 582 582 558 Grants payable 2024 2023 Pastoral gifts Tithe 998 12.937 915 16,795 13,935 17,710 Trusteès The charity pai the year and £1, trustee, the sum of £46.494 12023-. £45,124) for setvices rendered during 23. £4551 for r8-imbur58ment of expenses, as peFmltted by the charity's consty"tuts"on. Taxatlon The charily is exempi from taXat￿n on its aclivitl8s bècause all its incoffle is applied lor charitab￿ purp05e8. Unre8tricted funds The unrestrided funds of the charity comprise the unexpended balances ol don8lions and grants whlch are not SLJbleet to spedfl¢ conditions by donors and grantors as lo how they may be used. These include deslgnaled fUS￿S whlch have been sel aside out of unrestricted funds by the trustees for specific purposes. At 1 October 2023 In¢om5n9 resources Resourcès expended At30 Sèptember 2024 G8neral funols 53,543 126,201 1101,1401 78,604 Previous year.. At 1 October 2022 Incomlng resources Rasourcès expended At30 September 2023 General fund5 39,766 113,679 199,9021 53,543 12 FALKIRK VINEYARD CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 10 Restrl¢ted funds The restricted I￿ndS of the charfty comprise ihe unexpended balances of donallons an(5 grants held OTh trust subject lo specillc condbtions by donors as to how they may b& used. Movement In funds Rv¢elpt¥ Paymarnts Balancg at 1 Octobpr2023 Trathsfers 8alan¢g at 30 Septem￿r 2024 Love Falkirk Ed8n Ministries Premises fund 14,298 1,072 74,575 157,5661 19861 31,307 42,289 42,289 15.370 116.864 158,S521 73,682 Movement In funds Receipls Paymtnt8 Balance at 1 october 2Q22 Tr8n$l¢rs 8Bl&nce at 30 September 2D23 Love Falkirk Ellen Ministri88 Compassion Ministry 3,730 120 2,707 48,660 4,847 140,8001 13,8941 2.707 14,298 1,072 12.7071 6,557 53.507 144,6941 15,370 Love Falklrk Love Falkirk was initially fund8d by the local aulhority and has continued lo receive funding IhroLsgh generous donalions from Ihe community and The National Loltery. 11 operates a pantry and garden lo h81p 5UPPOtI tha local commLJnity with various events Ihroughoul the year. Eden Ministries F81kiTk Vlneyard Church is Ihe UK ambassador for Eden Mlnlstry and promotes the organisa￿'on through the sale ol the jewellery made by survivois of human Iraffkklng and sexual exploitatk)n in Asia. The procoeds from the sale of the items is all led back lo the organisation lo fund prograrnmes in the areas where the lewellery is made. Compasslon Mlnlstry These funds relate to the previous compassion ministry which has now been extended to the Love Falkirk project. A transfer of th8 r8maining funds took place during the prior year. Premises Fund These funds r61816 lo the ongoing refurbishment of th8 new Ullion Road piamises. 13 FALKIRK VINEYARD CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 11 Designated fund5 These are designated funds which are material to the charity's activitles made up as follows.. Movement in funds Ro¢elpts Payments Balan¢e at 1 October 2023 Transfers Balan¢0 at 30 September 2024 Ladies Ministry Mens Ministry 421 150 18 571 18 421 168 589 Movement in funds Recelpts Paym$Dts Balance at l OctobEr 2022 Transfers BBhr•ce at 30 3eptember 2023 Ladies Ministry 473 1521 421 473 1521 421 Ladies Mln15try The Ladies Ministry exists to bring together the ladies ol the church in events in order to connect and support ead) other. Mens Ministry The Mems Ministry 8xisis lo bring together the men of th8 Ch￿rch in eveTrts in ordèr lo eonnecl and support each other. 14