ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021
CONNECTIONS TRUST
(A COMPANY LIMITED BY GUARANTEE)
COMPANY REGISTRATION No: 5698284 CHARITY REGISTRATION No: 1113099
Pages 2 to 5 Report of the Directors Page 6 Statement of Financial Activities Page 7 Balance Sheet Pages 8 to 15 Notes to the Financial Statements Page 16 Independent Examiners Report
Independent Examiners Ltd 2 Broadbridge Centre Delling Lane Bosham West Sussex PO18 8NF
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31ST MARCH 2021 LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1113099 COMPANY REGISTRATION NUMBER 5698284 START OF FINANCIAL YEAR 1st April 2020 END OF FINANCIAL YEAR 31st March 2021 DIRECTORS AT 31ST MARCH 2021 Mr L Bent (Chairman) Mr A Omooba Mr D Wade Mr A Horswood COMPANY SECRETARY Mr A Horswood REGISTERED ADDRESS 93 Acre Lane Brixton LONDON SW2 5TU DATE OF INCORPORATION 6th February 2006 GOVERNING DOCUMENT Memorandum and Articles of Association incorporated 6th February 2006
BANKERS
Yorkshire Bank Piccadilly Circus 35 Regent Street LONDON SW1Y 4N
ACCOUNTANTS
Independent Examiners Ltd 2 Broadbridge Centre Delling Lane Bosham West Sussex SO31 4HS
OBJECTS
The objects of the trust are to advance Christian religion and support missions, projects and workers overseas. Helping the poor and needy.
INVESTMENT
Trustees have powers to invest surplus funds at their absolute discretion.
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021
Report for the year ended 31[st] March 2021
This is the report of the Directors and Trustees of Connections Trust which is a company limited by guarantee and a charity.
The organisation was formed by the amalgamation of the two Charities Connections and International Connections.
The Yorkshire Bank is very helpful and they are our personal bankers.
The work of Connections continues in the UK and overseas.
COVID-19 forced us to cancel the European conference due to take place in April 2020 in Germany. We did not suffer any financial loss.
We now have Grace City Bible School as part of the Connections offering. Run by Ray and Susie Djan, it meets many needs and is popular way of learning more. The school continued to train and equip people via Zoom as in-person training was obviously not possible.
We have been able to help other small organisations to fulfil their dreams and their hopes by working with them in administration and advice.
We have found that during the year several leaders who are part of Connections continue to be favoured with positions where they can speak to government and other senior authorities in the UK.
Our flat brings in revenue to help with our staffing costs. We are now in an arrangement where our rent is guaranteed.
Our office flooded in June 2019, rendering it unusable for many months. The subject of an insurance claim, restoration and repair work continues into 2020.
Overseas help was given in the form of ministry help, material and financial aid.
We send regular sponsorship money to Guyana, Philippines and Uganda. We have been able to also send money to India, Ghana, Thailand, and France.
We have supported, children’s homes, schools, teachers, ministers, bible students, and community buildings.
In Guyana there is work going on in Hauraruni and throughout the country. We support many workers, children and a bible school.
In the Philippines the churches continue to flourish and they number 180 from a very small base. A new massive centre has been built in Dipolog and we are major funders for this project. We were able to help with some money for flood and earthquake relief.
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021
Report for the year ended 31[st] March 2021 (continued)
We also help a number of churches and leaders in Denmark, Holland, Germany and France.
Because of COVID-19 it was not possible to visit any of the countries we are involved with, which would normally include Guyana, India, Ghana, Denmark, France, Holland, Germany, Uganda and the Philippines.
We have received a lot of thanks and a number of requests for help. There is no doubt as to the needs and we shall endeavour to meet as many as we can.
Our Investment Policy is such that we use current and deposit accounts only, not having enough finance to use other investment.
Reserve Policy. The Trustees policy is to cover all designated money.
Risk Policy. We have narrowed our risk by switching to a guaranteed rent on our flat. We need to increase the giving to administration.
Accounts are reconciled monthly.
Another major risk factor is if money was not used for the designated purpose. Firm controls are in place in the UK and visits are made overseas to check the use of funds.
We have an equal opportunities policy in place and strongly believe that all are equal.
Connections would not exist or be able to help anyone if it was not for the wonderful donors and our thanks go to them.
Public Benefit
Connections Trust works in the UK with churches and leaders plus feeding the hungry and homeless. We continue to send money for clinics and our medical team visits countries and work with those who cannot afford medicine. We support children’s homes in Uganda, Philippines, Ghana, Malawi, Guyana and India. We also support schools.
We help to advance the gospel through supporting workers in France, Russia, Bangladesh, India, Guyana, Philippines and Uganda. We believe in helping local people to achieve education and we help in Guyana, Philippines, Uganda and Bangladesh. In many of these countries we also help relieve poverty.
In the statements under Public Benefit we set points that clearly show that we are meeting our charitable objectives.
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CONNECTZONS TRUST (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIREcfoRS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021 statement of Director's responsibilities: Company law requires the directors to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the company and of the profit or loss of the company during that period. In preparing those financial statements the dirertors are required to: {1) select suitable accounting policies and then apply them consistently. (ill make judgements and estimates that are reasonable and prudent. (iii) prepare financial statements on a going concern basis unle55 it is inappropriate to presume that the company will conb.nue in business. The directors a responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial posits.on of the company and to enable them to ensure that the financial statements comply with the Companies Art 2006. They are also responsible for safeguarding the assets of the company and hen for taking reasonable step5 for the prevention and detection of fraud and other irregularrties. In preparing this report the directors have taken advantage of speaal provisions of the Companies Act 2006 relating to small companies. I approve the attsched statement of financial attivities and balan sheet for the year ended 31st March 2021, and confirm that I have made available all infonnation necessary for its preparation. Signed on behalf of the Board by Mr A Horswood ..... Direttor and Secretary
CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021
Incorporating income and expenditure account
| Notes Donations & Legacies 3a Investments 3b Charitable Activities 3c Other Income 3d TOTAL INCOME EXPENDITURE ON: Charitable Activities 4 TOTAL EXPENDITURE NET INCOME/ -EXPENDITURE Incoming transfers 14 Outgoing transfers 14 Funds brought forward TOTAL FUNDS CARRIED FORWARD INCOME & ENDOWMENTS FROM: |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2020/21 2019/20 £ £ £ £ 12,343 75,331 87,674 91,964 18 0 18 57 0 14,805 14,805 28,224 47 24,254 24,301 13,370 12,408 114,390 126,798 133,615 11,508 87,758 99,266 135,203 11,508 87,758 99,266 135,203 900 26,632 27,532 -1,588 20,000 22,886 42,886 27,571 -340 -42,546 -42,886 -27,571 313,795 72,030 385,825 387,413 334,355 79,002 413,357 385,825 |
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 8 to 15 form part of these financial statements.
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CONNEcfioNS TRusr (A COMPANY LIMrrED BY GUARANTEE) BALANCE SHEET AS AT 31MARCH 2021 Total Total UnrestriLted Restricted 31-Mar 31-Mar Funds Funds 2021 2020 Flxed Assets Tangible assets 340.012 0 340.012 340,016 Current Assets Debtors Cash at bank and in hand 10.175 -5.482 10,175 64,520 10,905 36,254 70.002 Total Current Assets Creditors: amounts falling due within one year 70.002 74.695 47159 1,350 1,350 1.350 NET CURRENT ASss 3.343 70.002 73.345 45.809 NET ASSErs 343.355 70.002 413.357 385.825 Funds of the Charity General Funds Restritted Funds 334,355 0 334.355 313,795 79,002 79.002 72.030 334.355 79,002 413,357 385.825 For the year ended 31st March 2021 the company was enbded to exeption from audit under settion 477(2) of the Companies Art 2006 relating to small companies. The member5 have not required the company to obtain an audit in accordance with section 476 of the Compani25 Act 2006. The dirertors acknowledge their responsibility for complying wrth the requirements of the Companies Act 2006 with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordat1 with the provisions applicable to companies subjeLt to the small companies. regime. Approved by the Dirertors on ..... .and Signed on their behalf by . Director and Secretary, Mr A Horswood
CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021
1. ACCOUNTING POLICIES
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
-
the charity becomes entitled to the resources;
-
the Directors are virtually certain they will receive the resources; and
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the monetary value can be measured with sufficient reliability
Incoming Resources with related expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report.
Investment Income
This is included in the accounts when receivable.
Expenditure and liabilities
Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
Grants payable without performance conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Assets
Tangible fixed assets for use by the charity:
These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at Directors' best estimate of market value.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance over their estimated useful lives. The rate applied per annum to equipment is 25%.
No depreciation is charged to freehold property as the property is maintained to such a standard that the estimated residual value is not less than cost.
Basis of preparation
The financial statements are prepared on the historical cost basis convention (as modified to include the revaluation of investments) in accordance with the Charities Act 2011, "Accounting and Reporting by Charities" (SORP 2015), applicable accounting standards and the Companies Act 2006. The accounts have been prepared on a going concern basis. The charity meets the definition of a public benefit entity under FRS 102.
The Charity has claimed exemptions available in Section 1a of FRS 102 not to prepare a cash flow statement since it is a small charity.
2. TANGIBLE FIXED ASSETS
| EQUIPMENT Cost Additions Cost at Depreciation Charge Depreciation at Net Book Value Net Book Value 31-Mar-21 31-Mar-20 01-Apr-20 31-Mar-21 01-Apr-20 31-Mar-21 |
Restricted Property Equipment Equipment Total £ £ £ £ 340,000 7,004 0 347,004 0 0 0 0 340,000 7,004 0 347,004 0 6,988 0 6,988 0 4 0 4 0 6,992 0 6,992 340,000 12 0 340,012 340,000 16 0 340,016 Unrestricted |
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31-Mar 2021 - None 31-Mar 2020 - None
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
| 3. INCOME & ENDOWMENTS FROM: a) Donations and Legacies Donations and Gifts Grants Gift Aid Donations Gift Aid Tax Recovered b) Investments Bank Interest c) Charitable Activities Fees for Conferences and Courses Rental Income Travel Income Sale of Books and Tapes d) Other Income Refunds and Reimbursements Repayments Insurance Claims & Sundry |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2020/21 2019/20 £ £ £ £ 10,020 52,475 62,495 66,268 0 0 420 19,722 20,142 20,557 1,903 3,134 5,037 5,139 12,343 75,331 87,674 91,964 18 18 57 18 0 18 57 264 264 12,680 14,340 14,340 14,300 0 510 201 201 734 0 14,805 14,805 28,224 1,354 1,354 1,200 5,000 5,000 6,500 47 17,900 17,947 5,670 47 24,254 24,301 13,370 |
|---|---|
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
| 4. EXPENDITURE ON: Notes Charitable Activities Overseas Giving Direct Giving Through Gifts Gifts Other Giving Book/ Tape Purchases Conferences/ Courses Honorariums Refreshments/ Hospitality Staff 7 Subscriptions Support Costs Bank Charges Cleaning and Sundries Hall Hire/ Rent Rates Water Insurance Gas and Electricity Repairs and Renewals Telephone Motor and Travel Postage Photocopying Stationery Printing Equipment Depreciation Professional Fees Reimbursements and Miscellaneous Exceptional Charges 9 |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2020/21 2019/20 £ £ £ £ 55,554 55,554 74,766 0 4,000 4,465 4,465 6,270 964 964 800 5,794 5,794 9,548 0 520 2,700 2,700 3,334 0 0 0 0 6,883 6,883 9,129 286 286 195 425 425 617 0 0 0 0 796 796 1,657 289 289 238 2,046 2,046 848 408 408 262 1,781 1,781 500 2,453 2,453 1,941 0 2,591 166 166 0 0 0 148 148 0 78 78 0 0 0 4 4 6 1,656 2,370 4,026 11,102 10,000 10,000 6,879 0 0 11,508 87,758 99,266 135,203 |
|---|---|
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
| 5. DEBTORS AND PREPAYMENTS | Total | Total | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 31-Mar | 31-Mar | ||
| Fund | Fund | 2021 | 2020 | ||
| £ | £ | £ | |||
| Tax Recoverable (see note 9) | 10,175 | 0 | 10,175 | 10,905 | |
| . | |||||
| 10,175 | 0 | 10,175 | 10,905 | ||
| 6. CREDITORS AND ACCRUALS: |
AMOUNTS | ||||
| FALLING DUE WITHIN ONE YEAR | Total | Total | |||
| Independent Examiners Fees | Unrestricted Fund £ 1,350 |
Restricted Fund £ 0 |
31-Mar 2021 £ 1,350 |
31-Mar 2020 £ 1,350 |
|
| 1,350 | 0 | 1,350 | 1,350 | ||
| 7. STAFF COSTS AND NUMBERS | |||||
| Gross Wages and Salaries | 2020/21 £ 6,839 |
2019/20 £ 8,772 |
|||
| Employer's National Insurance Costs | 143 | ||||
| Pension Contributions | 44 | 214 | |||
| 6,883 | 9,129 | ||||
| Employees who were engaged in each of | the following activities: 2020/21 TOTAL |
2019/20 TOTAL |
|||
| Supporting programmes part time employees | 1 | 1 |
No employees received emoluments in excess of £60,000. Staff are paid through the Inland Revenue PAYE system.
8. DIRECTORS AND OTHER RELATED PARTIES
No payments were made to directors or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
9. GIFT AID DEBTOR
At year end there are always tax refunds due to the Charity from HMRC regarding gift aid tax claims from donatations made up to 31st March which have yet to be processed. In the main these claims are attibutable to the Charity's numerous restricted funds and as a result the income for each would be need to be increased accordingly, and the previous year's contributions reversed. To avoid this complication the accounts have always shown the gift aid tax due - as unresticted income, with the distribution being made to the various restricted funds in the following year when the claim is actually received.
10. RISK ASSESSMENT
The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
11. RESERVES POLICY
The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Directors will endeavour not to set aside funds unnecessarily.
12. PUBLIC BENEFIT
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Directors Report. The Directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
13. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES
The Company is Limited by Guarantee and is a Charity registered with the Charity Commission number 1113099 and is not, therefore, subject to Corporation Tax and does not have a Share capital.
| Profit / Deficit for the financial year Other Recognised Gains Brought Forward 1st April Closing Funds at 31st March |
2021/20 2020/19 £ £ 27,532 -1,588 0 0 27,532 -1,588 385,825 387,413 413,357 385,825 |
|---|---|
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
| 14. ACCUMULATED FUNDS UNRESTRICTED FUNDS Administration General Fund To Be Designated Staff Total Unrestrictive Funds RESTRICTED FUNDS McAllister Support Bridge Builders Besom - Nigeria Clinic Bangladesh Brazil Capital Network Christian Concern for our Nation School of Prophets Distance Learning OMTC Directors/ Trustees Churches Support Euro Conferences Love Fellowship Foundation Fund Fundraising France Guy Children's Homes Gen Guyana FGF Workers spons HRNI Childrens Home H.O.P.E. - Ghana Hallowed HRNI Training Ctr HRNI Teachers ICLC India - General India - Kongola India - Pastor Stevens India - Vachan Jamaica Orphanage Building Designated Through Gifts Thru Gifts - Dave Plum Sub-Totals c/f |
Opening Income Expend- Incoming Outgoing Closing Balance iture Transfers Transfers Balance 01-Apr-20 31-Mar-21 £ £ £ £ £ £ 327,893 2,028 -4,625 10,000 0 335,296 0 0 0 0 0 0 0 10,380 0 0 -340 10,040 -14,098 0 -6,883 10,000 0 -10,981 313,795 12,408 -11,508 20,000 -340 334,355 983 0 0 0 0 983 0 0 0 0 0 0 8 0 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 54 0 0 0 0 54 700 0 0 0 0 700 0 0 0 0 0 0 0 0 0 0 0 0 7,188 297 -1,140 0 -428 5,917 1,064 0 0 0 0 1,064 41 0 0 0 0 41 -1,000 0 0 1,000 0 0 64 0 0 0 0 64 0 0 0 0 0 0 -215 0 -540 755 0 0 1,635 6,070 -14,956 8,544 0 1,293 1,359 400 -1,900 1,800 0 1,659 0 0 0 0 0 0 -955 8,163 -5,919 0 0 1,289 323 2,145 -2,040 300 0 728 0 0 -60 60 0 0 118 0 0 0 0 118 0 195 -195 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 513 6,250 -250 0 0 6,513 2,750 2,500 -1,900 0 0 3,350 14,630 26,020 -28,900 12,459 -428 23,781 |
|---|---|
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CONNECTIONS TRUST (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
| 14. ACCUMULATED FUNDS | Opening | Income | Expend- | Incoming | Outgoing | Closing |
|---|---|---|---|---|---|---|
| Balance | iture | Transfers | Transfers | Balance | ||
| 01-Apr-20 | 31-Mar-21 | |||||
| RESTRICTED FUNDS | £ | £ | £ | £ | £ | £ |
| continued | ||||||
| Sub-Totals b/f | 14,630 | 26,020 | -28,900 | 12,459 | -428 | 23,781 |
| Guyana Through Gifts | 0 | 600 | -600 | 0 | 0 | 0 |
| Guyana Through Gifts - E Lewis | 0 | 900 | -750 | 484 | 0 | 634 |
| Guyana Through Gifts - Revival | 0 | 0 | 0 | 0 | 0 | 0 |
| Guyana Through Gifts - Vehicles | 0 | 0 | 0 | 0 | 0 | 0 |
| Kehoe Through Gifts | 0 | 0 | 0 | 0 | 0 | 0 |
| Project Kudo - Steve Wright | 0 | 0 | 0 | 0 | 0 | 0 |
| Kenya | 59 | 0 | 0 | 0 | 0 | 59 |
| Philippines - Through Gifts | 2,092 | 1,240 | -1,340 | 0 | 0 | 1,992 |
| SCC - Through Gifts | 11,212 | 11,000 | -10,000 | 0 | -6,293 | 5,919 |
| EEC - Through Gifts | 1,265 | 0 | 0 | 1,135 | -2,400 | 0 |
| Thru Gifts - Zaida Matus | 335 | 4,950 | -4,020 | 0 | 0 | 1,265 |
| Letham | 0 | 0 | 0 | 0 | 0 | 0 |
| Muriel Mohabir | 241 | 1,800 | 0 | 0 | -1,400 | 641 |
| Mauritius | 0 | 0 | 0 | 0 | 0 | 0 |
| Medical Fund | 633 | 180 | 0 | 0 | 0 | 813 |
| Maloney | 1,966 | 300 | 0 | 0 | 0 | 2,266 |
| Malawi | 19 | 0 | 0 | 0 | 0 | 19 |
| Malawi - Enid Lewis | 484 | 0 | 0 | 0 | -484 | 0 |
| Maxco | 23,010 | 6,000 | -1,445 | 0 | -10,126 | 17,439 |
| Network UK | -429 | 0 | 0 | 429 | 0 | 0 |
| Oasis of Hope | 0 | 0 | 0 | 0 | 0 | 0 |
| Property Office & Flat | 0 | 32,106 | -5,319 | 0 | -21,415 | 5,372 |
| Philippines - Jayne Calderley | 113 | 20 | 0 | 0 | 0 | 133 |
| Philippines Churches | 0 | 0 | 0 | 0 | 0 | 0 |
| Philippines - Gatas | 1,583 | 4,380 | -3,840 | 0 | 0 | 2,123 |
| Philippines General | 0 | 0 | 0 | 0 | 0 | 0 |
| Philippines School of Min | 150 | 0 | -900 | 900 | 150 | |
| Philippines - Apostles/ neediest Pastor | 190 | 3,720 | -3,600 | 0 | 0 | 310 |
| Philippines - Neediest Pastors | 1,144 | 2,400 | -3,800 | 1,600 | 0 | 1,344 |
| Philippines Sponsorship | 2,072 | 3,560 | -8,175 | 4,980 | 0 | 2,437 |
| N Robinson gaid 4 O Simbran | 8,460 | 750 | 0 | 0 | 0 | 9,210 |
| Russia | 101 | 0 | 0 | 0 | 0 | 101 |
| Spain | 0 | 0 | 0 | 0 | 0 | 0 |
| Surinam | 24 | 0 | 0 | 0 | 0 | 24 |
| Travel Flights etc. | 0 | 0 | 0 | 0 | 0 | 0 |
| Uganda E Sunday | 710 | 14,261 | -14,902 | 700 | 0 | 769 |
| Uganda - General | 0 | 0 | 0 | 0 | 0 | 0 |
| Venezuela | 6 | 0 | 0 | 0 | 0 | 6 |
| Women in Min & L'ship Network | 488 | 0 | 0 | 0 | 0 | 488 |
| Worship Lifestyle School | 17 | 0 | 0 | 0 | 0 | 17 |
| Grainger money | 0 | 0 | 0 | 0 | 0 | 0 |
| Hands of Jesus sales/ sponsor | 1,639 | 201 | -166 | 0 | 0 | 1,674 |
| Rounding & Exchange Differences | -184 | 2 | -1 | 199 | 0 | 16 |
| Total Restricted Funds | 72,030 | 114,390 | -87,758 | 22,886 | -42,546 | 79,002 |
| Total All Funds | 385,825 | 126,798 | -99,266 | 42,886 | -42,886 | 413,357 |
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INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the directors/ members of Connections Trust on the accounts for the year ending 31st March 2021 set out on pages 6 to 15.
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 accounts. The trustees consider that an audit is not required for this year (under part 16) of the Companies Act 2006 (the Act) and that an independent examination is needed under section 145 of the Charities Act 2011.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for an independent examination, it is my responsibility to:
-
examine the accounts (under section 145 of theCharities Act 2011,
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, 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.
Independent examiner's statement
In the course of my examination, no matter has come to my attention
-
which gives me reasonable cause to believe that in, any material respect, the trustees requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities (FRS 102).
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
P B Robinson MAAT FCIE Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
Date: 14th December 2021
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