2025-12-31-accounts - Evangelical Mission Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

EVANGELICAL MISSION ASSOCIATION

ALSO KNOWN AS GLOBAL CONNECTIONS

(A COMPANY LIMITED BY GUARANTEE)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page 1 of 28

Company No: 3886596

EVANGELICAL MISSION ASSOCIATION

Report of the Trustees for the Period Ended 31 December 2025

CONTENTS	CONTENTS
1.	Report of The Trustees ............................................................................................................ 3
	1.1 Reference and Administrative Details ............................................................................... 3
	1.2 Structure, Governance & Management ............................................................................. 4
	1.3 Our Aims, Objectives and Activities ................................................................................... 6
	1.4 Summary of Main Activities and Performance by Strategic Objective in 2025 ................... 7
	1.5 Summary of Achievements and Performance against Operational Plans in 2025 ........... 12
	1.6 Financial Review ............................................................................................................. 14
	1.7 Future Plans and Activities .............................................................................................. 16
	1.8 Responsibilities of The Trustees ..................................................................................... 16
2.	Independent Examiner’s Report to The Evangelical Mission Association (“Global
	Connections”) ...................................................................................................................... 18
3.	Financial Statements ............................................................................................................. 19
3.1. Statement of Financial Activities (Including Income & Expenditure Account) – Year Ending 31
	December 2025 ................................................................................................................... 19
3.2. Balance Sheet (As At 31 December 2025) ............................................................................. 20
3.3. Notes To The Financial Statements For The Year Ending 31 December 2025 ...................... 21

Page 2 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

1. Report of The Trustees

The trustees have pleasure in presenting their report and accounts for the year ended 31 December 2025.

1.1 Reference and Administrative Details

Legal Registration

The Evangelical Mission Association (EMA) is an incorporated charity limited by guarantee, not having share capital. It is registered in England and Wales with company number 3886596 and as a charity with charity number 1081966. It operates under the trading name of Global Connections (GC). The charity also uses Global Connections Jobs & Mission (GC J&M) as a trading name for its vocational activities and has a sub-network in Northern Ireland called the Mission Action Partnership (MAP).

Board of Trustees (also Company Directors)

The following individuals have served as trustees during the year and to the date of this report:

Mr Alan Tower (resigned Sept 2025) Mrs Louisa Evans Mr Fola Oyeleye Mr Chris Ducker (resigned Oct 2025) Mrs Anu Ola Mr Mark Pickett Trustee XX – Trustee with Dispensation Mrs Natasha Rayan Mrs Cindy Crossley Mrs Caroline Maxwell Ms Abi Willetts Mr Nathaniel Jennings (elected Oct 2025) Rev Vanmelitharayil Samkutty (elected Oct 2025)

Council

The following individuals, together with the trustees, served as Council members during 2025:

Andrew Yelland (elected Oct 2025)	John McLernon
Candy Zhang (elected Oct 2025)	Kent Anderson (elected Oct 2025)
Chris Howles	Mark Handley
Claire Franks	Martin Bateman
Dan Yarnell	Michael Prest
David Cook	Paul Cooke
David King	Paul Wright (elected Oct 2025)
Evan Winter	Rachael Heffer (Hon member)
Gary Sloan	Ray Porter
Girma Bishaw	Robert Scott
Gordon Darragh (resigned Mar 2025)	Roger Purdom
Henry Lu (resigned Mar 2025)	Sarah Dawkins (elected Oct 2025)
Iván Neira	Siew H Ong (resigned Mar 2025)
James Poole (resigned Mar 2025)	Zane Nel (elected Oct 2025)
John Allert

Company Secretary during 2025

Mr Andy Law

Officers

Chairman of Board: Mr Alan Tower (until Sept 2025 – no designated Chair since then)

Page 3 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

Key Management Personnel

Mr Ben Stansfield (Chief Executive Officer) Mr Andy Law (Chief Operating Officer)

Registered Office

Caswell Road, Leamington Spa, CV31 1QD (until 31[st] October 2025) Johnson House, 6-8 Marshalsea Road, London, SE1 1HL (since 1[st] November 2025)

Correspondence Address

Caswell Road, Leamington Spa, CV31 1QD (until 31[st] October 2025) Johnson House, 6-8 Marshalsea Road, London, SE1 1HL (since 1[st] November 2025)

Independent Examiner

K Gomes FCIE MAAT Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester PO20 7EG

Bankers

Santander, Bridle Road, Bootle, G1R 0AA
Barclays Bank plc, 29 Borough High Street, London, SE1 1LY
Kingdom Bank, Media House, Padge Road, Beeston, Nottingham, NG9 2RS
The Co-operative Bank p.l.c., 1 Balloon Street, Manchester, M4 4BE

1.2 Structure, Governance & Management

1.2.1 Constitution of the Charity and Status

The Evangelical Mission Association (EMA) is an incorporated charity limited by guarantee, not having share capital. It is registered in England and Wales with company number 3886596 and as a charity with charity number 1081966. The company is governed by revised Articles of Association which were adopted on 30[th] November 2011. It operates under the trading name of Global Connections (GC). It is referred to by this name throughout the report. The charity also uses Global Connections Jobs & Mission (GC J&M) as a trading name for its vocational activities and the Northern Ireland Office is called Mission Action Partnership (MAP). The Directors of the company are the trustees for the purposes of the Charities Act. The charity is registered with HMRC, reference XN77672.

The voting membership of the charity is its Council with elections taking place at company meetings following a nomination process agreed by the Council. The Council is representative of the network with the proportions agreed by the Council. The network has a number of non-voting categories which includes network members, network associates and individual associates. The basis for the different categories of the network is set out in the Articles of Association. The Council members that served during 2025 are listed on page 3. The term of office is three years, and each Council member is eligible to serve for up to three terms. The Council’s role is to approve the overall vision, mission and values for the network and debate significant policy and missiological issues. The Council elects the Board of Trustees in accordance with the Articles of Association. The Council met twice during 2025 – the second meeting included the Annual General Meeting.

Page 4 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

1.2.2 The Board

The trustees (who together form the Board of Trustees), who held office during 2025, are listed on page 3. There were two resignations during the year, and two new members. All trustees have received the Charity Commission’s publications ‘The Essential Trustee’, ‘Charities and Fund-raising’ and ‘Risk Framework’. The term of office is three years, and each trustee is eligible to serve for up to three terms.

None of the trustees had any financial interest in any transaction or arrangement with the charity (other than as a trustee for the charity or as a donor to the charity or as a staff member of a network member) during the period covered by this report. No trustee receives any form of remuneration, other than the reimbursement of expenses. Any such expenses are listed in the notes to the Financial Statements.

1.2.3 Board meetings and organisation of the charity

The operations of the charity are conducted in accordance with the Articles of Association. All the trustees are active in the running of the charity and there is a clear set of roles and responsibilities for trustees and staff. The trustees met four times during the year, with ad hoc meetings when required; they also participated in Council meetings and other network events as able. The Board is supported by an advisory committee on finance and governance; this Finance & Governance Committee (F&GC) supports the trustees and senior management with financial planning and oversight, risk identification and management, pension scheme oversight and policy review assessment. Following the resignation of Alan Tower from the role of Chair of Trustees, the remaining trustees have assumed collective responsibility for the Chair roles and responsibilities until such time as a new Chair is appointed.

The trustees approve and monitor the charity’s strategic objectives and retain oversight on the allocation of funding for activities, which are approved within the limits of its financial resources. Legal advice is sought when necessary.

A register of trustees’ interests is held to ensure that there are no conflicts of interest. This is updated annually. Related party issues are fully declared in the financial statements. The trustees abide by a clear conflict of interest policy which states that any trustee with a potential conflict of interest is asked to leave the room and takes no part in the debate or decision. The trustees have reviewed and state that there is no Person of Significant Control.

1.2.4 Risk Management

Risks to the continued operation of the charity are monitored and formally reviewed by the trustees at their meetings. This process seeks to identify all risks to which the charity is exposed, especially seeking to identify the major risks to ensure that all appropriate mitigations are in place. The most prominent risks currently being managed by the charity relate to the potential impact of changes to the GC Pension Scheme, competition from other Christian jobs advertisers, and the implications of being unable to recruit to vacancies in the staff team should they occur. While there are significant financial implications associated with the jobs advertising risk, the trustees are satisfied that adequate mitigations and contingency plans, appropriate to an organisation of its size, are in place to reduce the consequences of this, and all, risks.

The charity maintains a register of the principal identified risks and this is maintained as a working document. Internal risks are minimised by the implementation of control procedures. External risks are minimised by regular monitoring of the external environment covering charity regulation and world mission issues.

Page 5 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

1.3 Our Aims, Objectives and Activities

Our Purpose

Our charity’s purpose is to maintain, advance and promote the Christian faith throughout the world by such means as the trustees shall think fit. As a membership network, Global Connections has always sought to do this through strengthening and improving the practice of the network members and the UK church in relation to world mission activities, and by the provision of resources that bring benefit and help support their missional activities.

Our Aims and Objectives

Although our aims and objectives will remain generally consistent from one year to the next, the means by which these are achieved (i.e. our activities) are reviewed each year. This review process considers what has been achieved in the last 12 months, what benefits have been realised for our members and what lessons can be learned. The review process also helps us ensure our aim, objectives and activities remained focused on our stated purposes.

The focus of our work and activities

The focus of our work continues to be the growth and development of a network of agencies, churches and individuals dedicated to growing God’s Kingdom through mission. Subsequent to the latest review, the charity’s strapline and supporting statement remain:

Strapline: Better Together - Seeing the Whole Church take the Whole Gospel to the Whole World.

Supporting Statement: ‘Connecting and equipping the UK church and mission community in a changing world.

The charity’s key objectives are:

Connecting – building strategic and supportive relationships through our networking gatherings and forums.
Enabling – ‘iron sharpens iron’ so we share learning and resources with one another to help each other grow, develop, and implement best practice.
Exploring – in our events, we aim to address key challenges in mission today by drawing on expert knowledge and looking to the future.
Collaborating – the challenges facing mission in the UK and around the world require us to work together, so we can facilitate strategic collaborations.

The trustees believe that these keywords clarify the charity’s objectives and provide a helpful framework for the members and staff of Global Connections, Global Connections Jobs & Mission, and MAP.

As an organisation, our values are to be:

Founded on Prayer – ‘Unless the Lord builds the house the labourers labour in vain.’ We depend on God in everything and for everything. Therefore, we worship and wait on Him, pray and intercede, listen and obey.
Bible based – God’s word guides our actions and is the foundation for our lives. We seek to hold true to what the Bible says in all we do.

Page 6 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

Christ centred - Everything we do is motivated by Christ, his redeeming work on the cross and his resurrection. In our lives and work, we seek to honour God with integrity and authenticity.
Servant hearted – Just as Jesus came to serve, we also seek to follow his example and serve from a place of humility, recognising our identity is in Him.
Kingdom focused – Rather than competing for our own gain, we cooperate for God’s Kingdom. We seek to work together, focussed on His mission.
Relationship orientated – We recognise that we need each other, and we are committed to one another as different parts united in His body. When wrestling over issues, our relationships are not at stake. Relationships & trust are the foundation for the network. God’s heart is to restore relationships with Him, each other, ourselves and the whole of creation.
Sustainable - as responsible stewards of all that God has graciously provided, we are committed to ensuring that all resources are used effectively, and in such a way as to demonstrate care for our physical environment while supporting the delivery of the longer-term vision.

The trustees remain mindful of the guidance contained in the Charity Commission’s general guidance on public benefit whenever reviewing our aims and objectives and in planning our future activities. In accordance with this guidance, the trustees considered how planned activities will contribute to the agreed aims and objectives.

Who are our charity’s beneficiaries?

As a network organisation, the trustees consider that the main beneficiaries are organisations and churches involved in mission activities (cross-culturally in the UK and around the world).

The charity aims to deliver events and resources to the network members and more widely, that will assist them in their mission of spreading and demonstrating the Christian message. Non-network members can attend events and use resources where available. The trustees consider that the public is well served by strengthening and improving the practise of its members and the UK church in relation to mission activities in the UK and overseas, and by the provision of high-quality resources that bring wider public benefit.

1.4 Summary of Main Activities and Performance by Strategic Objective in 2025

The following points will look at specific work carried out against each of the organisational objectives in each strategy area, and will highlight their impact on the network of mission organisations that we represent.

1.4.1 CONNECTING – building strategic and supportive relationships through our networking gatherings and forums.

As a network of member organisations, Global Connections strives to facilitate individuals, agencies, churches and network associates to connect with one another, to share experiences and learning, and offer mutual support. Global Connections and MAP have continued to facilitate these connections in the following ways:

a) Forums and Events – Over the course of 2025, Global Connections and MAP hosted a total of 73 events (compared to 64 in 2024). These were a combination of online and inperson gatherings, and included 19 ‘coffee breaks’ which are more informal in nature and

Page 7 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

focus on peer support and learning. As in previous years, the benefit of bringing people together in a shared physical space is highly valued, but it is clear that members of the network continue to appreciate the option to engage virtually.

The GC staff team continue to value the support of the forum core and steering group members, who together, ensure the forums cover appropriate topics and appeal to the broader network. This arrangement continues to ensure that a range of voices can be heard, and perspectives considered in developing plans for learning and engagement throughout the year.

b) MAP Meetings & Connection – Members of MAP are invited to join our quarterly in person Big MAP gatherings for times of sharing, fellowship and prayer as well as resourcing, training, and networking. The Student Engagement Team continues to link with students across NI throughout the year to support mission interest and initiatives locally and globally. Several MAP members, working collaboratively, continue to have an Intercultural focus on building relationships with Christians of different cultural backgrounds involved in church and mission in NI and reaching out to those arriving on our shores. To this end, together with EANI and Intercultural Ministries Ireland an event looking at ‘Navigating the Divide’ was held last year. In the past year we have formed a Church Relations Panel which has been helping our members to explore how we as MAP can best serve the church in NI in mission. MAP and Lausanne Ireland gathered church and mission leaders to explore some of the missional gaps identified by the State of the Great Commission report. MAP members get priority access to 75% of the stands in the Mission Hub at New Horizon, which is overseen by the MAP Lead. The MAP Lead also facilitates the Mission Agency prayer gathering at Bangor Worldwide Missionary Convention.
c) CEO’s Online Fellowship gatherings - Under the leadership of Ben Stansfield, these gatherings have continued to run every month. They give CEOs, national directors and executive leaders of mission and other parachurch organisations the opportunity to meet together for fellowship, mutual support, and group-think.
d) Forum ‘Coffee Breaks’ - In recognition of the continuing desire within the membership to have some more informal gatherings, most of the forums now offer several coffee breaks through the year. The sessions provide attendees with the opportunity to talk with others working in similar roles, share experience and learning, and offer support for mutual benefit. As in previous years, feedback from these sessions continues to be overwhelmingly positive.
e) Network Prayer gatherings – we consider prayer to be a vital part of our collective mission. To this end, we continue to host monthly gatherings to pray for the network with the network.
1.4.2 ENABLING – ‘iron sharpens iron’ so we share learning and resources with one another to help each other grow, develop, and implement best practice.

One of the main ways Global Connections enables members of the network and those in the wider Christian mission community is through the advertising of jobs and mission opportunities through our Jobs & Mission (GC J&M) - a ministry of Global Connections.

A few of the key achievements for GC J&M in 2025 were:

a) Advertising jobs in the UK - during 2025, GC J&M advertised 239 UK job vacancies (including UK voluntary opportunities) posted by a variety of Christian organisations

Page 8 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

(members and non-members) through the GC website. This compares to 276 advertisements in 2024. These figures reflect the continuing downturn in the UK job market. While Global Connections remains committed to helping Christians find where they might serve God in the UK or overseas, the challenging market means the charity will need to continue monitoring the ministry’s viability in the coming years.

b) Mission opportunity listings – over the course of 2025 we supported the Christian church and broader mission community in sharing 72 short and longer-term mission opportunities in the UK and internationally (same number as in 2024). We see this as an important service to help connect mission ‘senders’ in the UK with Christians looking for opportunities to serve God wherever He may lead them.
c) Advertising related income – Continuing on from 2024, last year was a difficult year in respect of our jobs and mission opportunity related income. A depression in the market ultimately results in there being fewer vacancies to advertise. Having achieved an annual income of £37.1k in 2024 (against a budget of £70k), actual income in 2025 was only £27.7k against a reduced budget of £30k. This disappointing performance will be given due consideration in budgeting for 2026.
d) Engagement through our website - the monthly average for webpage views of the UK jobs section for 2025 was 3,862 (total of 24,340 for the year) compared to 5,660 in 2024 (total of 67,920 for the year). While discouraging to see a year-on-year decrease, it is largely consistent with the general downturn in the job market and the website’s ability to filter out artificial accounts and bot hits. With the support of our website developer, we continue to improve SEO and the ranking of GC Jobs & Mission under ‘Christian jobs’ keywords.
e) New pricing structure – in recognition of the challenges being faced across the sector with rising operating costs we launched a new pricing structure in June 2025. The new prices offer greater value for GC members and enables us to be more competitive. Members now receive a 50% discount (previously 33%) on all standard and premium jobs roles, premium mission and volunteer roles. Standard 30 and 60 day volunteer roles are now free to post for members, and members continue to be able to post 60 and 180 day standard mission roles for free.
f) Engagement with Jobseekers and Recruiters – to help the staff team rebalance the amount of time spent on communications to the broader network we have simplified or automated several GC Jobs & Mission relate systems and processes. The amount of time spent on producing social media content has been reduced by automating uploads from the website to LinkedIn. Premium jobs are supported by bespoke customisable images for each job and are highlighted in Network News.

Jobseekers still receive monthly updates on the latest job opportunities and open rates average at over 58%. The Recruitment Matters mailing continues to be sent on a quarterly basis, signposting recruiters to helpful content and resources at source rather than GC producing content that can quickly go out of date. Open rates for Recruitment Matters average at 36%, which is a drop from the previous year.

g) Social media engagement – with the exception of X (previously Twitter) there has been an increase in followers across all social media platforms currently used by Global Connections and MAP:
Instagram - an increase in followers (from 1581 in 2024 to 1623 in 2025);
LinkedIn - an increase in followers (from 1199 in 2024 to 1407 in 2025),
Facebook - an increase in followers (from 2055 at the end of 2024 to 2199 at the end of 2025).

Page 9 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

1.4.3 EXPLORING – in our events, we aim to address key challenges in mission today by drawing on expert knowledge and looking to the future.
a) CEO Residential – during this two-day event, approximately 50 CEOs and National Directors joined together at Kings Park in Northampton. During this two day event, we reflected on the findings of the 2024 listening exercise and considered how to engage the next generation in mission. Time was also spent exploring alternative models of mission and leadership development. Of equal benefit was the time spent in community with one another, sharing experience, providing support and encouragement, and praying for one another.
b) Passion for Mission – this year’s event at St Barnabas’s Church in North London, and afforded the mission community an opportunity to hear Dr Chris Wright unpack the charity’s new strapline – seeing the Whole Church, taking the Whole Gospel to the Whole World. Over 80 delegates attended the event, which also offered the opportunity to hear from innovative thinkers on the frontline of outworking the strapline. The event was also a great opportunity to delegates to meet with others from the mission community for shared learning, support and encouragement.
c) Lausanne follow-up events – in response to the Lausanne congress in Korea, we held a number of online and in-person events to enable a broader group to engage with the different topics of conversation explored at the global congress. Several of these areas are now going to feed into ongoing forums, such as Leadership Development, the Next Generations and how we can be more effective as an Intercultural church.
d) Lausanne follow-up events - In September 2024, more than 5000 global church and mission leaders gathered in Seoul, South Korea, for the fourth Lausanne Congress. It was a time for world mission leaders to connect and learn about what God is doing around the world and engage in meaningful dialogue prayer and collaboration. The Congress included several keynote talks which gave insight into the biggest issues and questions those in mission are wrestling with. This series of short in-person and online events gave those in the network an opportunity to watch the keynote talks together, and to discuss and consider these topics in their own contexts.
e) Hot topics in creation care event – the event, led by Caroline Pomeroy of Climate Stewards sought to bring delegates up to date with the hottest topics in creation care in 2025. It was full of practical tips and thoughtful input, and offered those attending the chance to ask questions and engage in discussion.
f) Soft opt-in event - with the Data (Use and Access) Bill close to being finalised, Nick Swain of Zorva Consulting Ltd, gave the network an update on how upcoming changes relating to soft-opt in could impact UK charities. Nick specifically explained for delegates the current rules, how they will change and the implications for fundraising, supporter communications, data protection, CRM systems and fundraising databases, and email marketing.
g) Tax for mission workers events – an incredibly well subscribed event led by Dan Field of Wealden Field Tax Advisers. This two-part event provided network members and their mission partners with a high-level overview of the UK tax and National Insurance regulations that might impact anyone working for a UK mission agency, church or organisation. Attendees also received an overview of the rules on UK tax residence and how they apply to UK citizens working partly or wholly overseas, including issues to consider when returning to the UK for home assignment.
h) Protected Characteristics event – during this in-person event, Mark Mason and Roy Magara (both employment law specialists and members of the network) helped delegates understand some of the nuances that we need to take into consideration when deciding how to correctly handle the protected characteristics in respect of employment

Page 10 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

practices. We explored the extent to which the ‘personal characteristics’ offer legal protection, and our responsibilities as employers in dealing with them appropriately.

i) Charity Law update - during this event, led by Esther Campsall and Ben Pumphrey of Anthony Collins Solicitors, delegates received updates on the following:
Charity Commission updated guidance on:
- internal financial controls for charities and protecting against fraud;
- protecting charities from cyber-crime;
- paying trustees or a connected person; and.
- finding and appointing new trustees.
The Economic Crime and Corporate Transparency Act 2023 - requirements around verifying the identity of directors and persons with significant control.
Amendments to the Privacy and Electronic Communications Regulations 2003 - making use of the “soft opt-in” rule under PECR when sending out marketing material for fundraising purposes or to promote charitable work.
Subject Access Requests - changes introduced by the Data (Use and Access) Act 2025.
Employment Rights Bill 2024 - brief overview of key provisions.
New preventative duty to prevent sexual harassment in the workplace.
Trustees and whistleblowing.

Through all such conversations, Global Connections looks to facilitate dialogue around the key issues impacting the outworking of mission in, to and from the UK. The intention is not to instruct members on how to operate, but to explore together whether change is required to address challenges in and with historical practice.

1.4.4 COLLABORATING – the challenges facing mission in the UK and around the world require us to work together, so we can facilitate strategic collaborations.

The staff team continue to signpost members to a range of valuable resources at source. We believe this approach of pointing to source minimises the potential for misinterpretation of loss of context. As such, we remain confident that this continues to be the most appropriate model to equip our members.

In addition to signposting to external resources, Global connections and MAP continued to equip members with a range of important material resources including:

a) Discounted and bespoke insurance – we continue to work with Banner, Access Insurance and Talent Trust to support members in accessing appropriate travel and medical insurance schemes. Through this, and our partnerships with other agencies, the staff team work to support members of the network to comply with the relevant standards and access quality insurance products.
b) UK Pension Scheme and International Retirement Savings Plan – these two schemes continue to represent a valuable resource for members of the network. The auto enrolment (AE) compliant group pension scheme operated by Scottish Widows and an international retirement savings plan for people working outside the UK, operated by Zurich International, take into consideration the needs of members and their employees and mission partners. Following an investment performance review, the UK scheme has improved overall performance. The international scheme continues to perform well for a plan adopting a cautious investment approach.

Page 11 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

c) Specialist updates – with the support of specialists in their field, we were able to offer members updates in the following areas, all of which were delivered by specialists in their field:
Risk to Resolution (February)
Fundraising Trends (February)
Tax for Mission Workers (April & June)
Soft Opt-in (May)
Hot topics in Creation Care (May)
Protected Characteristics (October)
Charity Law update (November)
d) Issue specific resources – in addition to a wide range of resources already available on the GC website, the following were added to the resource library during 2025:
Care for Christian Workers – a resource produced using the recording of the special Care for Christian Workers event held in June 2025. The resource contains an introductory video, three main content videos and a section containing supporting resources gathered from the event coffee break.
Protected Characteristics event reflection – a summary of the key points from an incredibly helpful event delivered by specialist solicitors Mark Mason and Roy Magara.
Updated TCK resources – a helpful list of up-to-date resources for parents and those working with TCKs.

The staff team are especially grateful to all those who helped develop the resources available on the GC website.

e) Forum ‘Coffee Breaks’ – these sessions are now on offer to the Finance & Governance, International HR, Short-term Mission and Member Care and TCK forums. These sessions continue to provide those working in the network and beyond, the opportunity to come together to share experience and knowledge for mutual benefit. Topics covered are varied, and most importantly, driven by the needs and interests of those attending the sessions. We believe that these sessions will be a central part of the network equipping the network in 2026 and beyond.
1.5 Summary of Achievements and Performance against Operational Plans in 2025 The trustees are committed to improving the charity’s practise and ensuring that it delivers public benefit by supporting the activities of the members of the network. The strategy sets out clear indicators for monitoring how activities impact the stated aims, and this is evaluated by management and reported at each board meeting.

The principal achievements in 2025 centred on reviewing the organisational strategy in response to the outcomes from the listening exercise that concluded at the end of 2024. The key results being a subtle, but relevant, change to the organisational strapline and statements supporting the four keywords. Operationally, the focus has continued to be on supporting members of the network with a range of relevant and informative events, and opportunities to connect with others in and beyond the network.

In the interest of continuation and consistency, this section of the report will focus on how the charity performed against the plans and future activities set out in the 2024 Annual Trustees Report. These were:

Page 12 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

a) Finalise and communicate the new vision, mission and strategy – follow a significant number of conversations within the staff team and broader network, the new vision, mission and strategy statements were finalised and communicated to the members in the latter part of the year. This has given the staff team the necessary clarity to help them focus in on the core activities required to help deliver the strategy, and gives the charity as a whole, a stable and well-defined basis on which to operate in 2026.
b) We have identified five focus areas for the year ahead [i.e. into 2025], from the listening exercise, that we would like to explore together to see where God might take us. These are:
i. Exploring opportunities to enable the network to see the next generations engaged more in mission – in addition to the numerous informal discussions about how to engage the next generation in mission, there were two formal sessions focused on launching a new ‘Next Gen’ forum. Unlike some of the other forums, the hope is to weave the Next Gen topic into several other conversations and events given its broader relevance.
ii. Deepening relationships within the network, connecting members into strategic and supportive relationships and exploring possible collaborations – the coffee breaks previously mentioned have enabled members to connect and possibly collaborate in ways that would previously have been more difficult to initiate. Members have been able to learn firsthand from their peers in the network, using valuable experience to shape operational practices and challenge existing norms. A key development in this area has been progression of discussions around the possibility of facilitating ‘Mission Hubs’ within the network. These hubs would be coworking spaces available to all members of the network in a small number of locations across the UK; it is believed that they would be a major asset in enabling individuals from member organisations to connect, collaborate and build meaningful relationships.
iii. Developing our programme of events, in-person and online, to explore issues that are key to the future of mission – as detailed in previous sections of this report, the charity’s staff team worked incredibly hard throughout the year to plan and deliver a broad range of events. Although online events remain popular, we also delivered a number of in-person events covering topics that we more suited to faceto-face deliver and discussion. The last year highlighted how theological and missiological topics are no longer the sole discussion points when considering the future of mission. Financial pressure in the sector appears to be on the increase which ultimately results in questions being asked about future operations and sustainability. As a network, we will continue to raise and consider the implications on HR, charity governance, serving overseas, and financial practices and more.
iv. Investigating new possible areas of work for the future of the network, including the area of leadership development – the reduction of resources in the staff team, and the pull of other issues and topics in the network negatively impacted our ability to make meaningful progress in this area. However, preliminary discussions with potential partners have taken place and it is anticipated that it will be an important focus point in 2026.
v. Broadening our income base to ensure the long-term sustainability of the network – having received approval from the board of trustees, the charity engaged the services of Action Planning to review and refine its communications and income generation strategies. The work commenced in Q4 of 2025 and identified some quick wins for the staff team to work on. This will continue into 2026 with a particular

Page 13 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

focus on improving the charity’s communication with members and appealing to new donors for support with funding specific projects and programmes of work.

c) Maintain appropriate systems to ensure and record that all Trustees are aware of and compliant with the HMRC guidance on Disqualification Rules for Charity Trustees and HM Revenues guidance on Fit & Proper persons - – the trustees are satisfied that appropriate processes are in place to ensure that all new and existing trustees remain compliant with relevant HMRC guidance and regulations. As indicated in the 2024 report, a dedicated Fit and Proper Person self-declaration form has been developed and incorporated into the trustee recruitment process to further enhance the process.

1.6 Financial Review

1.6.1 Financial Results

While income from conferences and events was significantly higher in 2025 compared to 2024, and membership related income was largely the same, a sharp reduction in income from jobs advertising resulted in a significant overall reduction in income. However, the legacy donation (£147,292) received by the charity in October 2023 continues to bolster unrestricted reserves in 2025. While this donation contributes to a healthy level of free reserves, the charity’s financial year ended with a deficit of £71,707. While the actual year-end result was better than expected, the sustained depression in the UK jobs market remains the principal cause of the income-expenditure imbalance. At year end, the total income against GC Jobs and Mission was £27,720, down from £37,135 in 2024. This represents a decrease of 25%, year-on-year; consistent with figures shared by other job advertisers.

In contrast to jobs advertising, income from events increased again from £17,650 in 2024 to £22,352 in 2025. The trustees and staff team were also grateful to the commitment and support shown by members of the network as they provided a valuable £161,053 of income from membership fees in 2025. This is viewed as an excellent result given the growing financial uncertainty in the sector.

Although the total income from the charity’s key activities decreased again in 2025, compared to the previous two years, this is largely due to the poor performance of jobs advertising as previously stated.

Total expenditure reduced in 2025 to £309,816 from £315,684 in 2024. This decrease was largely due to the decisions to relinquish the physical office space in Leamington Spa and to not backfill a post vacated in September 2025. The trustees and executive staff of the charity are very conscious that staff related costs continue to account almost entirely, for the charity’s total income. Every effort has been made in recent years to keep all expenditure as low as possible. As further reductions are likely to negatively impact the charity’s operability, identifying new sources of income (while protecting existing ones) will be a focus in 2026.

The Trustees continue to express their dependence on God, and gratitude for His provision of sufficient funding. The executive leadership and trustees remain committed to stewarding the charity’s resources with prudence, diligence and discernment. Working with the rest of the staff team, every effort will be made to engage in projects and programmes of work, to the benefit of the wider network and mission community.

As in previous years, restricted funds activity continues to centre on various mission promotion events organised by the cooperation of member agencies in the GC network and facilitated financially by the GC staff team.

Page 14 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

1.6.2 Free Reserves Policy

Free reserves are those unrestricted funds not invested in fixed assets nor designated for specific purposes or otherwise committed. This reserve is a means of protecting the organisation against uncertainty over future income or potential emergency expenditure.

The current Board policy is to hold an upper free reserve limit at or above 2.5 months’ expenditure, plus an amount to cover the cost of closure, the total of which currently equates to £103,078. This is referred to as the ‘Early Warning’ Reserve limit. This signifies the point at which the Board must consider the steps to be taken to prevent further depletion of the reserves, and covers the charity’s minimum contractual liabilities and standard operating costs, whilst providing a buffer for unexpected expenditure or loss of income. In addition to this, it is the Board’s policy to recognise the lower ‘Absolute Free Reserve Limit’ which signifies the point at which a decision to continue trading must be taken; during 2025, this limit stood at £37,916.

The actual free reserves are £225,462 - which is the equivalent of just under nine months expenditure. The healthy state of the free reserves is due to the legacy donation received in 2023. While the intention will be to focus the spending of legacy donations in furtherance of the charitable objectives, it is recognised that they will continue to provide additional financial stability over the next one to two years (maximum) of planned budget deficits. The executive leadership and trustees will continue to consider how the legacy fund may be used to maximise its benefit.

1.6.3 Going concern

The trustees regularly review the medium-term financial projections for the charitable company, and recognise the need to closely monitor and respond to budgetary fluctuations as and when required. Although it is recognised that there continue to be some risks that are beyond the charity’s control, it is the board’s view that appropriate mitigations are in place and will be monitored on a quarterly basis, or more frequently if appropriate. Although the trustees have approved a deficit budget of £42,835 for 2026, it is noted that unpredictable nature of the jobs market and general financial uncertainty in the charity sector as a whole has resulted in a cautious approach to budget setting.

The financial uncertainty within the sector continues to be a concern for the trustees given the charity’s reliance on income from membership contributions. While financial pressure this could ultimately result in fewer members in the Global Connections network, the trustees are satisfied that operating costs are well within the boundaries of what would be considered reasonable, and continue to trust God for His guidance and provision in managing the charity’s finances.

Despite this, the charity does not forecast passing below its absolute free reserves limit of £37,916 for at least 12 months from the date of this report. Consequently, the trustees are satisfied that the company is in adequate financial health and the going concern basis is appropriate for their accounting.

1.6.4 Investment Policy

The Board’s policy is to retain surplus liquid funds in interest bearing accounts, generally up to £85,000 per banking institution, currently using the Santander Deposit and Co-operative Bank current accounts. The holding of most of the charity’s cash in a COIF Charities Deposit Fund managed by CCLA was maintained in 2025. This continues to pay dividends in the form of much improved interest payments when compared to the majority of regular bank savings accounts.

Page 15 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

1.7 Future Plans and Activities

In consultation with the Board of Trustees, the staff and executive management team will focus their energy and time during 2026 on the following objectives:

a. We have identified twelve specific objectives for 2026 that fit under the following broader six areas:
i. Exploring opportunities to enable the network to see the next generations engaged more in mission
ii. Deepening relationships within the network, connecting members into strategic and supportive relationships and exploring possible collaborations, including a new idea of establishing Mission Hubs, as co-working spaces in different parts of the UK.
iii. Developing our programme of events, in-person and online, to explore issues that are key to the future of mission
iv. Investigating new possible areas of work for the future of the network, including the area of leadership development.
v. Continuing to refine and sharpen our mission and focus to help prioritise our effort in the most strategic manner and communicate that effectively to members.
vi. Broadening our income base to ensure the long-term sustainability of the network.
b. Maintain appropriate systems to ensure and record that all Trustees are aware of and compliant with the HMRC guidance on Disqualification Rules for Charity Trustees and HM Revenues guidance on Fit & Proper persons.

1.8 Responsibilities of The Trustees

The trustees (who are also the directors for the purposes of Company Law) are responsible for preparing the trustees’ report and the financial statements in accordance with general applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources of the charitable company for that period. In preparing these financial statements, the trustees are required to:

a) select suitable accounting policies and then apply them consistently;
b) observe the methods and principles in the Charities SORP;
c) make judgments and estimates that are reasonable and prudent;
d) state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safekeeping the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

there is no relevant information of which the charitable company’s independent examiner is unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.

Page 16 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirement of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions.

The Trustees’ Report was approved by the Trustees on 11/06/26 and signed on their behalf by:

Fola Oyeleye

Date: 11/06/25

Page 17 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Report of the Trustees for the Period Ended 31 December 2025

2. Independent Examiner’s Report to The Evangelical Mission Association (“Global Connections”)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
the accounts do not accord with such records; or
the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the Charities SORP (FRS102).

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 accounts to be reached.

Date: 12.6.26

Signed:

K Gomes FCIE MAAT Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester PO20 7EG

Page 18 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

3. Financial Statements

3.1. Statement of Financial Activities (Including Income & Expenditure Account) – Year Ending 31 December 2025

*Unrestricted* *Funds* *Restricted* *Funds* £ £ 15,183 180 212,553 - 10,374 -	*2025* *Total* £ 15,363 212,553 10,374	*2024* *Total* £ 19,534 219,483 10,361
238,110 180	238,290	249,378
7,137 - 302,679 -	7,137 302,679	7,088 308,596
309,816 -	309,816	315,684
-71,707 180 - -	-71,527 -	-66,306 -
-71,707 180 297,168 6,132	-71,527 303,300	-66,306 369,607
225,461 6,312	231,773	303,301

The Statement of Financial Activities includes all gains and losses recognised in the year.

All incoming resources and resources expended derive from continuing activities.

Full comparative figures for 2024 are show in Note 2.

The notes on pages 21 to 28 form part of these financial statements.

Page 19 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

3.2. Balance Sheet (As At 31 December 2025)

*Unrestricted* *Restricted* *Funds* *Funds* £ £ - - 14,243 - 224,391 6,312	*2025* *Total* £ - 14,243 230,703	*2024* *Total* £ - 10,401 303,084
238,634 6,312 13,173 -	244,946 13,173	313,485 10,185
225,461 6,312	231,773	303,300
225,461 6,312	231,773	303,300
	91,999 133,463	161,750 135,417
	225,462 6,312	297,168 6,132
	231,773	303,300

The notes on pages 21 to 28 form part of these financial statements.

Approved by the Board on 11/06/26 and signed on their behalf by:

Fola Oyeleye

Date: 11/06/25

Company limited by guarantee, Number 3886596

Page 20 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

3.3. Notes To The Financial Statements For The Year Ending 31 December 2025

1 ACCOUNTING POLICIES

The financial statements have been prepared under the Companies Act 2006 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)), Financial Reporting standard 102 (FRS102) and the Charities Act 2011. The particular accounting policies adopted are described below.

(a) Accounting convention

The financial statements have been prepared under the historical cost convention. The charity meets the definition of a public benefit entity under FRS 102.

(b) Depreciation

Depreciation is provided on tangible assets to write off their cost over their estimated useful lives at rates of 20% (furniture and equipment) and 33.3% (computers) on the straight line method, on a quarterly basis. Capitalisation threshold is £1,000 per separable item including irrecoverable VAT.

(c) Leasing

Costs in respect of operating leases are charged as lease payments are due.

(d) Stocks

Stock is included at the lower of cost or net realisable value.

(e) Fund accounting

Funds held by the charity are classified as one of:

Unrestricted general funds – These are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds – These are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.

Restricted funds – These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

(f) Pension costs

Pension costs are charged in the period in which they are payable to the scheme.

(g) Irrecoverable VAT

Irrecoverable VAT is included in the cost of the expense to which it relates.

(h) Income

All income is accounted for on a receivable basis. Income received for an event to take place in a future accounting period, whether fees or donations, is deferred to that accounting period and is held at the yearend as a liability.

(i) Legacies

Legacy income is accounted for when receivable. Legacies are regarded as receivable when the charity is notified of its legal entitlement; the amount due is quantifiable; and its ultimate receipt by the charity is probable.

Page 21 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

(j) Donated services and facilities

Donated services and facilities are recognised as income and expenditure of the charity. Seconded staff time is valued at the cost of that time to the seconding agency. Donated meeting facilities are valued at the normal charge made for those facilities.

(k) Expenditure

Liabilities to pay expenses are accounted for when payable. Expenditure is accounted for on an accruals basis. Where categories of expenditure relate to more than one expenditure heading in the SOFA, these are allocated between headings on the basis of an estimate of staff time spent thereon.

(l) Cost of Generating Funds

This comprises 2.5% of all expenditure relating to staff, outside contractors, Office, property and Admin and reflects the proportion of these activities devoted to raising funds for the charity.

(m) Cost of activities in furtherance of the charity’s objects

This comprises all expenditure directly related to the objects of the charity.

(n) Governance costs

This comprises expenditure relating to compliance with constitutional and statutory requirements and other costs, which cannot be treated as cost of activities in furtherance of the charity’s objects. This comprises 3% of all expenditure relating to staff, outside contractors, Office, property and Admin and reflects the proportion of these activities devoted to governance, plus specific costs of the Independent Examiner and trustee expenses and meetings.

(o) Taxation

The company is a registered charity and is exempt from taxation on its charitable activities.

Page 22 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

2 DONATIONS

General Donations Legacies Trusts and Grants Comparative figures for 2024: General Donations Legacies Trusts and Grants	*2025* *Unrestricted* *Restricted* *Total* £ £ £ 4,183 180 4,363 - 11,000 - 11,000
	15,183 180 15,363
	*2024* *Unrestricted* *Restricted* *Total* £ £ £ 8,221 180 8,401 133 - 132 11,000 - 11,000
	19,354 180 19,534

INCOME FROM CHARITABLE ACTIVITIES
			*2025*
	*Unrestricted*	*Restricted*	*Total*
	£	£	£
Conferences and Events	22,352	-	22,352
Contributions from Members	161,053	-	161,053
Direct Charitable sales	27,720	-	27,720
Affinity schemes & miscellaneous
trading	1,429	-	1,429
	212,553	-	212,553
Comparative figures for 2024:			*2024*
	*Unrestricted*	*Restricted*	*Total*
	£	£	£
Conferences and Events	17,650	-	17,650
Contributions from Members	161,275	160	161,435
Direct Charitable sales	37,135	-	37,135
Affinity schemes & miscellaneous
trading	3,263	-	3,263
	219,323	160	219,483

Page 23 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

4 INVESTMENT INCOME

Interest received on cash
balances
Comparative figures for 2024
OTAL EXPENDITURE
Staff costs
Outsourced contractors
Office property,
administration, staff travel
Promotions and resources
Conference and events
Examination of accounts
Miscellaneous expenses
Comparative figures for 2024
Staff costs
Outsourced contractors
Office property,
administration, staff travel
Promotions and resources
Conference and events
Examination of accounts
Miscellaneous expenses

2025
Unrestricted
Restricted
Total
£
£
£
10,374
-
10,374
2024
Unrestricted
Restricted
Total
£
£
£
10,361
-
10,361
Cost of
activities in
furtherance
Cost of
of the
generating
charity’s
Governance
2025
funds
objects
Costs
Total
£
£
£
£
5,840
220,755
7,008
233,603
107
4,041
128
4,276
1,190
44,986
1,428
47,605
-
3,149
-
3,149
-
15,923
-
15,923
-
-
878
878
-
1,914
2,469
4,383
7,137
290,767
11,912
309,816
Cost of
generating
funds
Cost of
activities in
furtherance
of the
charity’s
objects
Governance
Costs
2024
Total
£
£
£
£
5,779
218,448
6,935
231,162
135
5,122
163
5,420
1,174
44,371
1,409
46,953
-
3,109
-
3,109
-
22,052
-
22,052
-
-
989
989
-
3,108
2,890
5,998
7,088
296,210
12,385
315,684

5 TOTAL EXPENDITURE

Page 24 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

6 NET MOVEMENT IN FUNDS

*2025* This is stated after charging: £ Lease of property 7,792 Lease of office equipment - Examiner's fee 878	*2024* £ 9,721 - 800

7 TRUSTEE AND EMPLOYEE INFORMATION

a) Employee information

The average number of staff employed during the year was: The average number of full-time equivalent staff was: Staff emoluments Salaries Social security Pension and life assurance costs Training	*2025* *2024* 9 9 6 6 £ £ 201,994 198,999 10,919 11,796 20,690 20,367 1,916 1,861
	235,519 233,023

Employee benefits to key management personnel for the year totalled £113,344 (2024: £98,987). There were no employees with emoluments above £60,000 in either the current or previous year.

b) Trustee information

No remuneration was paid to, or waived by, any trustee during the year (£NIL in 2024). Expenses of £306.55 for travel were reimbursed to four trustees during the year (£1,111 to four trustees in 2024).

8 PENSION SCHEME ARRANGEMENTS Defined contribution scheme

The charity’s staff belong to one of two defined contribution pension schemes. The schemes' assets are held separately from those of the charity in independently administered funds. The pension cost charge represents contributions payable to the funds, which amounted to £20,690 (2024: £20,367)

Page 25 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

9 TANGIBLE ASSETS

ANGIBLE ASSETS
*Fixed assets held for use by the charity* Cost At 1stJanuary 2025 Additions Disposals As at 31st December 2025 Depreciation At 1stJanuary 2025 Charge for the year Released on disposal As at 31st December 2025 Net book value As at 31st December 2025 As at 31st December 2024	*Computer* *Office* *Total* *Total*
	*equipment* *2025* £ £ £ 10,052 1,175 11,227 - - - - - -	*2024* £ 11,227 - -
	10,052 1,175 11,227	11,227
	10,052 1,175 11,227 - - - - - -	11,227 - -
	10,052 1,175 11,227	11,227
	- - -	-
	- - -	-

10 DEBTORS AND PREPAYMENTS

EBTORS AND PREPAYMENTS
Debtors Prepayments	*2025* £ 724 13,519	*2024* £ 2,273 8,128
	14,243	10,401

11 CREDITORS

Taxation and social security Trade Creditors Accrued expenses Accrued holiday pay Other Creditors	*2025* £ 4,321	*2024* £ 2,461 - 4,494 128 -
	-
	8,770
	81 -
	13,173	7,083

Page 26 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

12 COMMITMENTS

The future minimum lease payments to which the organisation is committed under operating leases in the coming years are as follows:

*2025* Lease payments due: *Total* Within one year: £ Land & buildings (inc. service charges) - Other operating leases - Within two to five years: Land & buildings - Other operating leases -	*2024* *Total* £ 7,650 - - -

Note: reduction in lease payments due within one year on Land & Buildings relates to the charity vacating the office accommodation in Leamington Spa effective from 31[st] October 2025.

13 RELATED PARTY TRANSACTIONS

There were no individual related party transactions during the year which require disclosure (£NIL in 2024). Aggregate donations in the year without condition from trustees and key management personnel totalled zero.

14 UNRESTRICTED FUNDS

General Fund Legacy Fund	*Balance* at *Movement in funds* *Balance* at *1st Jan* *31st Dec* *2025* *Income* *Expenditure* *Transfers* *2025* £ £ £ £ £ 161,751 238,110 307,862 - 91,999 135,417 - 1,954 - 133,463
	297,168247,651 290,749 - 225,462

Comparative figures for 2024:

General Fund Legacy Fund	*Balance* at *Movement in funds* *Balance* at *1st Jan* *31st Dec* *2024* *Income* *Expenditure* *Transfers* *2024* £ £ £ £ £ 215,337 247,651 302,624 - 160,364 147,292 - -11,875 - 135,417
	362,629 247,651 290,749 - 295,781

Page 27 of 28

Company No: 3886596 EVANGELICAL MISSION ASSOCIATION Financial Statements for the Period Ended 31 December 2025

15 RESTRICTED FUNDS

ESTRICTED FUNDS
Lausanne General Regional Reps Total Restricted Funds	*Balance* *Movement in funds* *Balance* *at 1st* *January* *Income* *Expenditure Transfers* *at 31st* *Dec* *2025* *2025* £ £ £ £ £ 4,992 180 - - 5,172 1,140 - - - 1,140
	6,132 180 - - 6,312

The Funds are maintained for the following purposes:

Lausanne General: Donations received for the work of Lausanne Committee for World Evangelisation.

Network Events: Mission promotion events organised cooperatively by member agencies. Staff ministry: Relates to monies given to support the ministry of Bryan and Marion Knell. Bryan is a former staff member.

H4M (Hope for Muslims): The fund comes from income of the 2015 UK tour event attendance, book sales and donations for ministry to Syrian refugees. The donations were distributed between seven member agencies of Global Connections who cooperated in presenting the tour events.

Regional Reps : This fund covers travel and other operating expenses of representative staff from various mission agencies working together under the banner of GC.

Lausanne General Network Events Regional Reps Total Restricted Funds	*Balance* *Movement in funds* *Balance* *at 1st* *January* *Income* *Expenditure Transfers* *at 31st* *Dec* *2024* *2024* £ £ £ £ £ 4,812 180 - - 4,992 1,106 - 1,106 - - 1,060 160 80 - 1,140
	6,978 340 1,186 - 6,132

Page 28 of 28