TRINITY
@BIRMINGHAM
ANNUAL
AND FINANCIAL
STATEMENTS
YEAR ENDED 31ST MARCH 2024
XJ
Connect Church UK
Trinity@Birmingham
ISO Coventry Road,
Small Heath, BIO OSE
0121766 7600
Registered Charity no. II33824
Company No. 07003576

CONNECT CHURCH UK
Year Ended 31st March 2024
Contents Page
Page
Legal and Administrative Information
Trustees, Annual Report
Statutory Auditors Report
14
Statement of Financial Activities
17
Statement of Financial Position
18
Statement of Cash Flows
19
Notes to the Financial Statements
20

CONNECT CHURCH UK
Year Ended 31st March 2024
Legal and Administrative Information
Reference
Connect Church UK (CCUKI was founded by a small group of 'Brummies' during the 2nd World War in
Sparkhill, Birmingham and is a part of the Assemblies of God denomination. CCUK become registered
as incorporated charitable company in 2009 within England and Wales as a limited company by
guarantee with charitable status.
The other working names associated with CCUK are Trinity@Birmingham.
CCUK is a welcoming, multiethnic church that spans the generations and is passionate in its worship and
care for people. Our mission is to connect people into a world-transforming relationship with Jesus
Christ. While the immediate focus is to minister to the community of Small Heath and the Eastside of
Birmingham, the church also has a wider reach across the city and internationally.
Registered Charity Numbers
1133824
Registered Company Number
07003576
Reglstered Office
150 Coventry Road
Small Heath
Birmingham
West Midlands
England
B10 OSE
Website
w.trinit
unitedkin
dom.or
Trustees
Pastor Kirk Mcatear
Pastor Allen Loh
Pastof Gerald Tan
Joycelyn Edwards
Valerie Danelczyk
Louison Ricketts
Bradford Ricketts
Paslor Simon Lakin
Pastor Tracee Mcatear
Pastor Dominic Yeo
Chair of trustees
Appointed 04/02r2024
Appointed 2Y06r2023
Compony Secretary
Resigned 08/12r2023
Key Managment Personnel
Pastor Kirk Mcatear
Pastor Tracee Mc2tear
Senior Minister
Executive Minister

CONNECT CHURCH UK
Year Ended 31st March 2024
Legal and Administrative Information
Committee Members
Management Team
Tracee McAtear
Valerie Danelczyk
Matthew Hopley
Yvette John
Trustee
Trustee
Staff member
Congregation
Bankers
Lloyds Bank, 9-11 Poplar Rd, Solihull B91 3AN.
The Charity Bank Ltd, Fosse House, 182 High St, Tonbridge,
Kent, TN9 1 BE.
Big Issue Invest, 113-115 Fonthill Road, Finsbury Park,
London N4 3HH.
Statutory Auditor
Stephen Lewis
LMH Accountants Limited
Old Bank Chambers
582 - 586 Kingsbury Road
Erdington
Birmingham
B24 9ND
Solicitor
Anthony Collins
134 Edmund Street
Birmingham B3 2ES

CONNEcf CHURCH UK
Trustees. Annual Report (Including Directors, Report)
for the year ended 31 March 2024
Objectives, Achievements and Performance
Connect Church UK'S (CCUK) purposes as set out in the objects contained in the compan¢s
memorandum of association are:
{a) to advance the Christian faith in accordance with the Statement in such ways and in such parts of
the United Kingdom or the world as the directors from time to time may think fit;
Ibl to relieve sickness and financial hardship and to promote and preserve good health by the provision
of funds, goods or services of any kind including through the provision of counselling and support in
such parts of the United Kingdom or the world as the directors from time to time think fit; and
Ic} to advance education in such ways and in such parts of the United Kingdom or the world as the
directors from time to time may think fit.

CONNEcf CHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
WHAT WE DO- OVERVIEW
All the activities and organisational structure of CCUK fit into the pattern:
that we would connect with God in personal worship;
that we would connect to a community of people in relationship and love;
that we would connect to our purpose through servlng;
which is all facilitated by effective, efficient, and ethical management.
This pattern will be accomplished through providing the followin8 public benefits:
Worshlp
Regular public worship open to all. Each week we host a Sunday Celebration service, which is
recorded and the message later posted on YouTube.
Love
People are encoura8ed to build relationships and biblical community through a variety of
connect groups offered in locations across the city.
Pastoral work includin8 SUPPOrtin8 the sick and bereaved facilitated by cler8V, Staff and lay
members.
Serve
to support other charities in Birmin8ham in practical ways.
to engage with our local community to encourage better relationships amongst our neighbours.
to partner with similar churches/charities abroad to learn from and support their works.
The flve goals that Connect Church UK set out to achieve in 2023/2024 were:
I. MORPH into a new season ofWORSHIP
2. MORPH into a new season of LOVE
3. MORPH into a new season of SERVING
4. MORPH from friends into family as we become TRINirf@BIRMINGHAM
5. MORPH from mobile church into the NEW BUILDING

CONNEcfcHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
202312024: A YEAR IN REVIEW
2023/24 was a significant year of transformation and change for Connect Church UK as it became an
Overseas Centre of Trinity Christian Centre Singapore and adopted the working name of
Trinity@Birmingham. The theme for the year was METAMORPHOSIS that was outworked In 5 ways:
MORPH Into a new season of WORSHIP
This was the last year that the church held the weekly Celebration seNices in rented premises
every Sunday. Each week, the setup and pack down, was made possible by a devoted team of
staff and volunteers. We are incredibly grateful for their energy and dedication, week in and
week out. On Sunday 24 September the church held the first service in the newly completed
church building at 150 Coventry Road, Small Heath.
After the Celebration services began in the new church building, Sunday attendance rose on
average 80 to 125, an increase of 56%. These statistics do not include the 362 who attended
the Building Dedication Service on 15 October, or the 240 who attended the Christmas
Pantomime with Saltmine Theatre Company on 17 December.
It has been a joy and step-up for the Worship, Technical, Hostin8, Carpark, Catering and
Facilities teams to discover how to use the building to create a warm, welcoming environment
and service where both the congregation and visitors can encounter God in worship, week to
week, and in special celebrations including Christmas, Mother's Day and Easter.
We havefelt very comfortable since attending in February, ond very often left church
discussing and reflecting on the sermon.,

CONNEcfcHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
MORPH Into a new season of LOVE
Trinity Christian Centre (TCC) has developed and refined a model and process of connecting
and disciplin8 believers through Connect Groups, that has been effective in the church in
Singapore, as well as many locations around the world where TCC have providing training and
consultation to. CCUK began to rebuild the Connect Groups of the church according to this
rnodel, with trainers from TCC providing training several times during the year. In February
2024 6 Connect Groups were launched across Birmingham with 9 freshly trained leaders, in
homes as well as the church building. In the first two months 46 people has experienced life in
a Connect Group.
MORPH Into a new season of SERVING
CCUK continued to build upon collaborative partnerships and initiatives within the local and
global community to provide for practical needs, foster positive relationship and brin8 spiritual
encouragement. These key local partnerships included Safe Families, Wyndcliffe Primary School,
Birmingham City Mission, Time4Chan8e Birmingham, Birmingham Churches Together,
Interserve, Birmingham City Football Club Chaplaincy and Saint Basils, The congregation
regularly provided practical donations for foodbanks, school uniforms and Christmas gift5 for
vulnerable people.
Key global partnerships for this year included Samaritan's Purse, Open Doors, Compassion, and
Assemblies of God Impact 25.40. The congregation made donations to provide emergency relief
in response to the Morocco Earthquake and the crisis in the Middle East.
Since movin8 into the buildin8 CCUK have hosted the National Missions Conference for
Assemblie5 of God CG, the Standing Strong Regional Event for Open Doors, the Solid Rock
Holiday club for Birmingham City Mission as well as a Networkin8 Event for Birmin8ham Church,
Charity and Community Leaders. There have also been Community events in October, Christmas
and Easter for our neighbours of all ages to engage with.
MORPH from friends into famlly as we become TRINITY@BIRMINGHAM
As outlined in the 22/23 Annual report, the Trustees of CCUK had began a conversation with
the leadership of Trinity Christian Centre Singapore, a long-standing ally and supporter of
CCUK, to explore the possibilities of a closer relationship between the two churches, to move
from friends to family. As of May 14, 2023, Connect Church UK became Trinity@Birmin8ham,
one of Trinity Christian Centre's overseas regional centres.

CONNEcfcHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
MORPH from mobile church Into the NEW BUILDING
In May the staff team moved into the building to deliver non-public facing activities and also to
store church equipment and assets. Meanwhile construction work was continued by Mayway,
until the building was deemed ready for public use on 24 September 23. Work on outstanding
planning conditions continues and are due for completion by July 24.
The building was registered by the General Register Office as a Place of Worship on 3 October
23, and subsequently registered for the Solernnization of Marriages on 4 January 24.
"Ifeel very close to many of the people who attend Trinity Church. l always feel loved and
mode to feel welcome. I do better when l am oround people that Ifeel comfortable with and I
can ottribute that to my relationships Gt church. l am usually much more settled and calm
when l am Ground my Church Family ondfeel less olone regarding the world in generol. I
have struggled with MH issues in the past but this hos been greatly improvedfirstly because
of my relationship with my LORD Jesus and secondly because of the good souls that He has
connected rne with. Church is great and the things that I hear and learn there hove helped
me to novigate situations on the world in more productive and thoughtful ways. Thonk you.
PLANS FOR THE FUTURE
2024125 will be the first full year for the church operating out of the new building, as
Trinity@Birmin8ham an Overseas Centre of Trinity Christian Centre Singapore. In Trinity, we love God
passionately, love church zealously, and love souls relentlessly. As a church we will be a biblical
community where people can encounter God, experience life and impact our world.
Our ongoing plans for the future of Trinity@8irmingham are for each person to..
Love God Passlonately- in their continual pursuit of God. Actively developing their
relationship with God, seeking to know Him more intimately, growing in their love for Him day
by dav.
Love Church Zealously- committed to sacrificial service unto one another, using their gifts to
build Trinity up, and to grow spiritually alongside their biological and spiritual families.
Love Souls Relentlessly- dedicated to sharing the gospel of Jesu5 Christ, warmly welcoming
people into community, discipling new believers and doing life together.
Encounter God - in every platform of church, alone or when they come together with others.
Experience Life- the abundant life in relationship with Jesus Christ both now and in eternity,
and also in biblical community With other believers in Trinity@Birmingham.
Impact Our World - as strategic leaders, not just in their position and vocation, but also in
their daily interactions with every individual.

CONNEcf CHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
The goals for the 2024125 year are:
Love God Passionately- I Pursue Him
Love Church Zealously- Love One Another
Love Souls Relentlessly- Every Soul Matters
Establish Biblical Community- Train Leaders and Relaunch Connect Groups
Launch a new restricted Building Fund
REVIEWING FINANCES
CCUK reported a net unrestricted deficit of £97,614 on general funds, a larger Ios5 when compared to
the previous year (2023: _£28,5381. Income from general donations £184,88912023: £212,695) did
increase but not enough to counteract the risin8 Costs. Restricted funds decreased to £13,515
(2023: £20,191> following the ongoing development of the building project.
Income derived from voluntary donations decreased by 41% to £297,084 in 2024 compared to £504,939
in 2023. Two lar8e donations were included within the prior year. CCUK received £934,018 in grants
this year, the majority (£929,018) from Trinity Christian Centre Singapore towards the completion and
fit out of the building. There was an decrease in income from Charitable Activities £3,369 <2023: £4,846)
as the church became more active in the new building.
Expenditure increased by 23%, totaling £429,653 in 2024, compared with £342,867 in 2023. The
ongoing construction, and the commencement of day-to-day running costs of the building contribute
significantly to the rise In expenditure.
Restricted fund5
Restricted funds comprise donations given for a specific ministry purpose. As at 31 March 2024
the unspent portion of these funds arnounted to £13,515 (2023: £20,191).
Fundraising policy
CCUK receives most of its donation income from its congregation. However, occasionally other
organisations and grant-makers are approached to assist with special projects. The trustees are
committed to maintainingthe highest legal and ethical standards in the way the charity undertakes
its fundraising activities. CCUK is committed to abiding by the Code of Fundraising Practice and to
the Fundraising Promise.

CONNEcf CHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
Reserves Policy
Trustees of CCUK manage a tension between faith in God as the source of provision for the financial
resources required to fund the work of the church, as well as the need to wisely steward resources to
ensure that the church has sufficient working capital to meet its obligations to its employees and
creditors. The Trustees aim to hold sufficient "free" reserves (equivalent to cash and liquid assets) to
cover at least three months, expenditure. Free reserves at 31 March 2024 £160,393 {2023: £146,921
against a target based on 2024-25 budgeted costs of £108,648. For 2024 the free reserves have been
calculated as net current assets less restricted funds. The Trustees will remain mindful of this target in
making financial decisions and allocating resources during the current year.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governlng Document
The church is a charitable company limited by 8uarantee, incorporated on 28 August 2009 and
registered as a charity on 27 January 2010. The company was established under a Memorandum of
Association and amended by special resolution(s) dated 05/0212013 which established the objects and
powers of the charitable company and is governed under its Articles of Association. In the event of the
company being wound up members are required to contribute an amount not exceeding £1.
Although Connect Church UK is an autonomous charity, since the church's commencement in 1940 it
has had fellowship status with the Assemblies of God Great Britain IAOG GB), and abides by the
Constitution of AOG GB, has accepted the AOG GB Statement of Faith, contributes financially to AOG GB
and ensures that the Senior Minister has AOG GB Ministerial Status.
RECRUITMENT AND APPOINTMENT OF TRUSTEES
Training and Indurtion of Trustees
The directors of the company are also charity trustees for the purposes of charity law. Under the
requirements of the Memorandum and Articles of Association the trustees are identified by the Senior
Minister and, after an application process, are appointed by the Trustees at the Annual General
Meeting. The directors are not required to retire by rotation. It is considered that all the Trustees and
any others who could be understood to be 'managers' in the activities of the charity are deemed to be
'fit and proper, persons under the terms of the Finance Act 2010. Training is available for any new
trustee or those continuing to serve as on the board and as part of the regular meeting5 as well.
On 14 May 23, Connect Church UK announced about moving from being friends to become family with
Trinity Christian Centre Singapore (TCC) by becoming an Overseas Centre of TCC. The trustees agreed
that Lead Pastor of TCC, Rev Gerald Tan, will become the spiritual leader of CCUK. As part of being

CONNEcf CHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
family, CCUK invited Rev Gerald Tan and Rev Dominic Yeo to join the CCUK Trustee Board on 25 June
2023. On 8 December 2023, Rev Dominic Yeo resigned as a trustee when he was elected as Chairman of
World Assemblies of God Fellowship. CCUK then invited Pastor Allen Loh to be a trustee of CCUK on 4
February 2024.
Organisational Structure and Decision Making
The Board of Trustees met online, in-person or a hybrid of both, 11 times in the 2023/2024 financial
year of the company. While the majority of these meetings were regular meetings of the board, some
were extraordinary meetings to discuss or confirm the proposal of CCUK becoming a part of the Trinity
Christian Centre Singapore global family.
The Trustees are responsible for the various ministries and operations of the church and make regular
reports at the meetings so that issues may be highlighted and discussed. A sub-committee, called the
Management Team, of staff and skilled lay members of various professional backgrounds from the
church is led by the Executive Minister and their research and recommendations inform the Board of
Trustees.
Trustee's Responsibilities
All Trustees are aware of the Charity Commission's guidance on public benefit in their publication 'The
Advancement of Reli8ion for Public Benefit, and have re8ard to it in their administration and activities
of Connect Church UK.
Risk Management
Connect Church UK recognises that in relation to 'Risk Assessment,, risk is defined as 'the threat of any
action or event which will adversely affect an organization's ability to achieve its objectives and execute
its strategies,. It also accepts that the term 'risk' can include any circumstances that may, or do, have
an adverse effect, and is wider than financial matters. 'Risks' relate not only to the negative
consequences of a threat, but also to the impact of not taking advantage of opportunities.
Connect Church UK recognises it requires a practical Health and Safety Policy for any building and
surrounding grounds it owns or rents in pursuit of its activities. This is reviewed on a regular basis, An
Accident log is maintained.
10

CONNEcf CHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
The contents and obligations of the Equality Act 2010 and the Data Protection Act 2018 are known and
complied with to the best of the church's ability. The Trustees are aware of their responsibilities in
respect of the Regulatory Reform {Fire Safety) Order 2005 and its requirement to carry out a fire
assessment to identify any possible dangers and risks, to take action to minimize the risks and to create
a plan to deal with any emergencies. and also to write up and keep a record of its findings and to review
its assessment annually. The Trustees appointed firstly Matthew Hopley until December 23, and then
Charlotte Francis in January 24 to be the responsible people to put these matters into operation.
There is a Protection Policy in place in respect of children and vulnerable adults. Checks have been and
are made with the Disclosure and Barring Service Iformerly the CRB) in respect of persons dealing
regularly with young people and vulnerable adults. The Trustees, appointed officer for thi5 is Louison
Ricketts. Whilst it is impossible to eliminate all risks and their consequences, efforts are constantly made
to minimize such occurrences. The safeguarding policy is reviewed and revised annually and was
approved on 4 February 24 by the Trustees and implemented where applicable in the various ministries
of the church. One serious incident report was made to the Charity Commission in June 23. The Charitv
Commission recorded the report and were assured that the trustees were dealing with the matter
appropriately and responsibly. Trustees are kept informed on matters affecting the church, such as
health and safety, disability discrimination legislation and child protection.
TKI￿lly
11

CONNEcf CHURCH UK
Trustees. Annual Report (Including Directors, Report)
for the year ended 31 March 2024
Principal Risks and Uncertainties
Potential Risk
Mltlgatlon
Flnancl l Li
The economic chalknges due to VUCA fartors such as the
Ukrainian War. C05t of Living crisis. and high inflation is
ausing significant operating challenges and could impart
CCUK'S Income andlor c35hflow.
The church and the mlnistry is growing. As such the increase
in expenses is outpacing the growth in tithes and offering.
CCUK relE5 on God'5 provision and the generosity of the
con8reEation to meet Its financial needs.
CCUK now operates 35 an Oversea5 Centre of the TCC global
family.
Aim to hold at least 3 months. working capltal
To continue to disciple the church the principle of 8ivin8-
Malachi 3.10, Proverb5 3=9, 2 Sam 24..24
Strong budgetsry and financial controls are In place.
AdditK)nal funding streams are being sought
hl Rlsk
Los5 of confidence by stakeholders due to the behaviour of
Senior leadership or staff rnembers. which also includes
Singapore TCC senior leadershlp.
Future of the or8anisation could be leopardised due to back
of adequate succession plannin8 for key senior roles.
Growth Sn the church servlces and operations unable to
be servlced by current staffing.
Values are clearly defined and regularly communicated
Prayer and worship are central to CCUK
Oversight structures are In place for senior leaders and staff.
Access￿n planning for key senior roles In CCUK Is consldered
wbthin the wider context of TCC Global family.
TCC have been working with CCUK to build both the employed
pastoral team as well as the lay pastoral and minlstry teams.
There are re8ular opportunities for tralnin8 and onboardln8 of
new leaders and volunteer5.
l Rlsk
Harm Comes to those in our care due to lack of appropriate
and compllant chlld and vulnerable adult safeguarding
procedures.
Harm comes to viskors or staff due to lack of appropriate
and compllant Health & Safety procedure5
Poor decision-makinB and breach of regulatory
requirements due to weak or non-compliant governance
structure5.
Legal risks arisin8 from use of buildin8 for se￿iCe5, events
and operations.
Safeguafdlng at CCUK Is overseen by a Safeguardlng trustee
and Management committee representative.
CCUK works closely with Connert2famllles and thlrtyone:elght
to ensure that It models best practice in the area of
safeguarding.
Regular H&S reportlng from Facillty Coordinator at
Management and staff meetings.
Intecnal and external H&S Advisors monitor and report on risk
areas identlfied in church bulldlng.
• Trustee meetings and structures are compllant wlth Charity
Commission, Companies House and governing document
requirements.
Recrult and provlde tralnlng to keep strengthening the Trustee
Board.
• Conflicts of interest are managed approprlately at trustee
level.
Insurance Folicies are updated to reflect changes in operation.
er
tlonal Risk
Inability to operate in the event of a disaster duè to lack of
adequate business continuity planning.
Business continuity compromised or critlcal data lost
through cyber-attack.
A150 Potential compromise of the physical building due io
terrori5t attack or rioting
IT 5YStems are backed up remotely and can be acce55ed
motely.
Continue to Invest in dlgitsl and technology systems Including
technology.
Data audits are regularly Conducted.
Build c105ei relatlOWlship with police.
12

CONNEcf CHURCH UK
Trustees, Annual Report (Including Directors, Report)
for the year ended 31 March 2024
Statement of responsibilities of the Trustees
CCUK Board of Trustees is responsible for preparing the Annual report and financial statements in
accordance with applicable law and United Kin8dom generally accepted accounting practice.
Charity law requires the trustees to prepare a statement of financial activities and statement of assets
and liabilities for each financial year, which gives a true and fair view of the state of affairs of the
church and of its financial activities for that year and adequately distinguishes any material special
trust or other restricted fund of the church.
In preparin8 those financial statements the CCUK Board of Trustees is required to:
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether the policies adopted are in accordance with the appropriate SORP on Accounting by
Charities and the Accountin8 Regulations and with applicable accounting standards, subject to the
material departures disclosed and explained in the financial statements; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the
church will continue to operate.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charity and enable us to ensure the financial statements
comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the church and to take reasonable steps to
detect fraud or other irregularities and to provide reasonable assurances that:
the church is operating efficiently and effectively;
its assets are safeguarded a8ain5t unauthorized use or disposition:
proper records are kept and financial information used within the church or for publication is
reliable:
the church complies with relevant laws and regulations.
Approval
This report was approved by the Board of Trustees of Connect Church UK and signed on its behalf, by
Pastor Kirk McAtear. Senior Minister.
Signed:
Date:
13

CONNEcfcHURCH UK
Independent Auditorfs Report
for the year ended 31 March 2024
Opinlon
We have audited the financial statements of Connect Church (the 'chariW) for the year ended 31 March
2024 which comprise the statement of financial activities, the balance sheet, the statement of cash
flows and notes to the financial statements, including significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accountin8 Standards, including Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and
of its incoming resources and application of resources, includin8 its income and expenditure, for
the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006 and
Charities Act 2022
Ba515 for oplnlon
We conducted our audit in accordance with International Standards on Auditin8 (UK) {ISAs {UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, includin8 the FRC'S Ethical Standard, and the provisions available for small
entities. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Concluslons relatlng to 8oln8 concern
In auditing the financial statements, we have concluded that the trustees use of the 80in8 concern basis
of accounting in the preparation of the financial statements is appropriate. Based on the work we have
performed, we have not identified any material uncertainties relating to events or conditions that,
individually or collectively, may cast significant doubt on the charity's ability to continue as a 80ing
concern for a period of at least twelve months from when the financial statements are authorised for
issue, Our responsibilities and the responsibilities of the Trustees/Directors with respect to going
concern are described in the relevant sections of this report.
Other Informatlon
The other information comprises the information included in the annual report other than the financial
statements and our auditor's report thereon. The Trustees/Directors are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not cover
the other information and, except to the extent otherwise explicitly stated in our report, we do not
express any form of assurance conclusion thereon. Our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether thbs gives rise to a material misstatement in the financial statements
14

CONNEcf CHURCH UK
Independent Auditor's Report
for the year ended 31 March 2024
themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact. We have nothing to report
in this regard.
Opinion5 on other matters prescribed by the Companles Art 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the trustees report for the financial year for which the financial
statements are prepared, which includes the directors, report prepared for the purposes of
company law, is consistent with the financial statements: and
the directors, report included within the trustees report has been prepared in accordance with
applicable legal requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of the knowledge and understanding of the charity and it5 environment obtained in the
course of the audit, we have not identified material misstatements in the directors, report included
within the trustees report. We have nothing to report in respect of the following matters in relation to
which the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, rernuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the Trustees/Directors were not entitled to prepare the financial statements in accordance with
the small companies regime and take advantage of the small companies, exemptions in
preparing the trustees report and from the requirement to prepare a strategic report.
Responslbllltles of Trustees/Dlrertors
As explained more fully in the statement of trustees responsibilities, the Trustees/Directors, who are
also the directors of the charity for the purpose of company law, are responsible for the preparation of
the financial statements and for being satisfied that they give a true and fair view, and for such internal
control as the Trustees/Directors determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error. In preparin8 the
financial statements, the Trustees/Directors are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting unless the Trustees/Directors either intend to liquidate the charitable
company or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that
an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
15

CONNEcf CHURCH UK
Independent Auditorfs Report
for the year ended 31 March 2024
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these financial statements. The extent to which our procedures are capable of detecting
irregularities, including fraud, is detailed below. A further description of our responsibilities is available
on the Financial Reporting Council's website at: https://www.frc.org.uk/auditorsresponsibilities. This
description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter
3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to
the charitable company's members those matters we are required to state to them in an auditor's
report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company's members as a
body, for our audit work, for this report, or for the opinions we have formed.
Kt(H
Stephen Lewis (Senior Statutory Auditor)
For and on behalf of LMH Accountants Limited T/A Trevor Jones & Co, Statutory Auditor
Chartered Accountants
Old 8ank Chambers
582-586 Kingsbury Road
Erdington
8irmin8ham
B24 9ND
Date: Z3
16

CONNECT CHURCH UK
Year Ended 31st March 2024
Statement of Financial Activities (Income and Expenditure Account Included)
2024
Unrestncted Restricted
Funds
Funds
2023
Total
Funds
Total
Funds
Income
Donations and legacies
Charitable activities
Other income
208,222 1,022,880 1,231,102
3,369
3,369
7,923
8,622
504,939
4,846
565
699
Total Incom•
219,514 1,023,579 1,243,093
510,350
Expendlture
Raising funds
Charitable activities
1,172
315 955
1,172
428,481
1,855
341,012
112.526
Total Expendlture
317,127
112,526
429,653
342,867
Net Income I IExpendlture) Before
Galn I (Loss) on Building Revaluatlon
{97,613)
911,053
813,440
167,483
Gain l (Lossl on Building Revaluation
(788,503)
(788,S03)
Net Income I (Expenditure) After Gain
I (L088> on Bulldlng Revaluation
(886,1161
911.053
24,937
167,483
Net Income and Net Movement In Fund8
Total funds brought forward
Transfers
16
16
1,505.314
20,191 1,525,505 1,358,022
917,729 (917,729)
Total Fund8 Carried Forward
18
1,536.927
13,515 1,550,442 1,525,505
All income and expenditure derive from continuing activities.
The statement is a combine(f Statement of Financial Activib'es and Income and Expenditure Accounl for
the purposes of meeling both the Companies Act and Charity SORP reporting requirements.
17

CONNECT CHURCH UK
Year Ended 31st March 2024
Statement of Financial Position
2024
2023
Note
Fixed As8ets
Tangible fixed assets
12
2,675,516 2,650,535
2,675,516 2,650,535
Current Assets
Debtors
Cash at bank and in hand
Investments
13
11,681
143,664
31,947
27,363
119,855
31.083
187,292
178,301
Croditors". Amounts Falling Due Wlthln One Year
Not Currant Assets
14
33,567
11,189
153,725
167,112
Total Assets Le88 Current Liabilities
2,829,241
2,817,647
Credltors: Amounts Falling Due After One Year
15
1,278.799
1,292,142
Net Assets
17
1,550,442 1,525,505
Funds of The Charfty
Restricted funds
16
13,515
20.191
Unrestricted funds
Unrestricted general
Designated funds
18
160,393
1,376,534
146,921
1,358,393
1,536,927 1,505,314
Total Charlty Funds
1.550,442 1,525,505
These financial statements for Connect Church UK (Company number.. 070035761 have been prepared in
accordance wilh the provisions applicable to companies subject to the small ents.lies regime of the Companies Act
2006.
Directors Re8ponsibilitie8
These financial statements were approved by the board of trustees and authorised for issue .
Name of Trustee:
Ic( LIL
Signed on Behalf of the Trustoes:
Date of Approval:
ZOL
18

CONNECT CHURCH UK
Year Ended 31st March 2024
Statement of Cash Flows
2024
2023
Cash Flows from Operating Actfvltles:
Net cash provided by (used in) operats.ng activities
846,114
157.150
846,114
157,150
Cash Flow8 from Investing ActiVFtIo8:
Dividends and interest
Purchase of tangible fixed assets
2122
565
(830,4031 {471,413)
Net cash provided by (used in) investing activities
(828,2811 {470,848)
Cash flow8 from Finan¢lng Actfvitles:
Repayments on borrowing
Cash inflows from new borrowing
Net cash provided by (used in) financing activities
(217,7881
224,628
138,671
6,840
138,671
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and Cash Equlvalents At The End of The Reporting Period
24,673
150,938
{175,027)
325,965
175.611
150,938
Reconciliation of Net Movement in Fund8 to Not Cash Flow from Oporatlng Act5vltles
2024
2023
Net movement in funds for the reporting period {as per the
ststement of financial activitres)
24,937
167.483
Adjustments for..
Depreciation charges
Dividends and interest from investments
(Increase) I decrease in debtors
Increase l (decrease) in creditors
Loss on Building Revaluation
Net cash provided by {used inl operating actr¥ittes
16,919
(2,122)
15,682
2,195
788,503
1,835
{565}
{17,879)
6,276
846,114
157,150
Analysis of Cash and Cash Equlvalents
2024
2023
Cash at bank
Short term investments
143,664
31,947
119,855
31,083
Total cash at bank and short term investments
175,611
150,938
19

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Ststements
1 Accounting Policies
1.1 Basis of Preparatlon
The financial statements of the charitable cornpany have been prepared under the historical
cost convention and in accordan￿ with the Statement of Recommended Practice applicable
lo charities preparing their accounts in accordan￿ with the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021. the Companies Act 2006 and United
Kingdom Generally Accepted Accounting Practice applicable lo smaller entib'es.
The financial accounts are prepared in Sterling (£1 which is the fiJn¢tional currency of the
charitable company.
Connect Church UK meets the definition of a public benefit entity under FRS 102.
1.2 Assessment of Golng Concern
During the 2023124 financial year, the trustees considered the challenges to keep the charity
operating on the basis of goign concem. After considering the options, InteNentions were
implemented which have enabled the practical completion and occupation of the church
building (previously referred to as the Home and Hub). The trustees now consider the charity
to be a going concern for the next twelve months.
1.3 Fund Accountlng
Unrestricted income funds comprise those funds which the trustees are free to use for any
purpose in furtherance of the chantable objectsves. Unrestncted funds Include designated
funds where the trustees. al their discretion. have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by the donor or the term of specific appeal.
Further explanation of the nature and purpose of each fund is included in Note 16 of the
financial statements.
20

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Ststements
1.4 Incoming Resources
All incoming resources are recognised once the charity has entiuement to the resources, it is
probable that the resources will be received, and the Monetary value of incoming reSoUr￿S
can be measured with sufficient reliability.
All voluntary income is recognised as donations and are included in full, with associated gift
aid receivable in the Statement of Financial Activities.
. Grants where ents"tlement is not conditional on the delivery of SFecific perfomance by the
charity are recognised when the charity becomes unconditionally entitled to the grant.
Income from charitable actNities are accounted for when invol￿S are dravm up and the
service has been provided {as the FM)int of entitlement).
Donated services and facilities are included at the value to the charity where this can be
quantified.
Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.
. Time is expended on the charity's activities and governance which is donated free of
charge. It is impractical to quantify the value of the time given. and accordingly it is neither
recorded as donated income nor as an expense in the financbal statements.
. Investment Income is Included In the accounts when receivable.
1.5 Resources Expended
The costs of charitable activities represent the cost of undertaking the charity's objectives
and include direct costs incurred In delivering those services logether with SUPF)Ort costs. All
expenditure is accounted for on an accruals basis Liabilities are recognised as expendtture
as soon as there is a legal or constructive obligation committing the charity to that
expenditure, it Is probable that a transfer of economic benefits will be requifed in sethement
and the amount of the obligalion can be measured reliably. Value added tax is not
recoverable by the charitable company and as such It is included In the relevant costs in the
Statement of Financial Acts'vits'es.
Costs of raising funds include expenditure on promotson and advertising plu5 any fundraising
trading costs.
1.6 Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the
trustees. meetings and cost of any legal advice to trustees on governance or constitutional
matters
1.7 Liabilities Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
21

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
1.8 Tangible Fixed Assets
AJI assets costing more than £500 are capitalised and at historic cost. Fixed assets ara
stated at cost less accumulated depreciaton. Depreciation is charged on fixed assets which
is written off on a straight-line basis over ts'me and esb'mated useful life of the asset.
Fixtures, fittings and furniture
Motor vehicles
Computer equipment
20 /0 Straight line
20 % Straight line
20 % Straight line
Fixtures, fittings and vehicles are reviewed for impairment if events or changes in
circumstances indicate that the carrying amount of such assets may not be recoverable. If
there is an indication of possible impairment, Ihe recoverable amount of any affected asset is
estimated and compared against its carrying amount. Where the estimated recoverable
amount is lower, an impairment loss is recognised Immedialely in the Statement of Financial
Activits'es.
Fixed assets are for use by the church in fulfilling its objects and are capitalised and
depreciated. Freehold land and buildings are held under the revaluation model and are
initially recognised at cost and subsequently measured at fair value, based on periodic
valuations, less any subsequent impairment10sses.
No depreciation is charged on either land or buildings. This is because the useful economic
life of the building Is not reliably measurable and is expected to exceed 50 years. The
building is considered to have long-tefm conts'nuing use in furtherance of the charity's
objectives.
The charity obtains a market valuaiion of the18nd and buildings every few years to ensure
the carrying amount reflects fair value. The most recent independent valuats'on was carried
oul in November 2024.
The charity also reviews the carrying amounts of land and buildings at each reporting date to
assess whether there is any indication of impaimienl Where such indicators exist. an
impairment review is undertaken. If the asset's carrying amount exceeds its recoverable
amount, an impairment loss is recognised in the Statement of Financial Acts'vities.
1.9 Pensions
The charity operates a defined contributs'on pension scheme. contributs.ons are charged to
the Statement of Financial Activiknes as they become payable in accordance with the rules of
the scheme.
1.10 Operatlng Leases
Rentsl charges payable under operating leases are charged on a straight line basis over the
terms of the lease.
22

CONNECT CHURCH UK
Year Ended 31st March 2024
Notss to the Financial Statsments
1.11 Taxation
The charity is exempt from taxation in respect of income or capital gains received to the
extent that such income or gains are applied exclusivdy for charitable purposes. The charity
is not exempt from Value Added Tax.
1.12 Volunteer A88i8tance
Time is expended on the charity's activities and governance which is donated free of charge
It is impractical to quantify the value of the time given, and accordingly it is neither recorded
as donated income nor as an expense In the financral statements.
1.13 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, of
FRS 102 to all its financial instruments. Financial instruments are recognised in the charity's
balance sheet when the charity becomes paty to the contractual provisions of the
instrument. Financial assets and liabilities are offset, with the net amounts presented in th8
financial statements. when Ihere is a legally enforceable right to set off the recognised
8mounts and there is an intention to settle on a net basis or to realise the asset and settle
the liability simultsneously. With the exceptions of prepayments and deferred income all
other debtor and creditor balances are considered to be basic financial instruments under
FRS 102.
1,14 Employee 8eneflts
The cost of short-term employee benefits are recognised as a liabilty and an expense. The
cost of any unused holiday entitlement is rec(yJnised in the period in which the employee's
services are re￿ived. Temiination benefits are recognised immediately as an expense when
the charity is demonstrably committed to terminate the employment of an employee or 10
provide terniinatson benefits.
1.15 Crltlcal Accountlng Estlrnate8 and Area8 01 Judgement
In the application of the charity's accounting policies, the trustees are required to make
Judgements, estimates and assumptions about the carrying amount of assets and liabilities
that are nol readily apparent from other sources. The esb'mates and associated assumptions
are based on historical experience and other factors that are considered relevant. Actual
results may differ from these estimates The estimates and undedying assumptions are
reviewed on an ongoing basis Revisions to accounting estsmates are recognised In the
period In which the estimate is revised where the revision affects only that peritsj, or in the
period of Ihe revision and future periods where the revision affects both current and future
periods.
23

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Ststements
2 Analy818 of Income
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations and Legacie8
Donations
Gift aid
Grants
Legacies
Gifts in kind
184,889
22,713
70,683
18,179
934,018
255,572
40,892
934,018
620
620
208.222
1.022,880
1,231,102
Charitablo Activiti08
Church activities
Other activities
1,389
1,980
1,389
1.980
3,369
3.369
Other Income
Bank interest
Building rent
1,423
6,500
699
2,122
6,500
7,923
699
8,622
Total Income
219,514
1,023,579
1,243,093
24

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
2 Analysis of Income (Continuedj
Unrestricted
Funds
Restn'cted Total Funds
Funds
2023
Donation8 and Legacies
Donations
Gift aid
Grants
Legacies
Gifts in kind
212,695
30,495
152,825
14,524
365.520
45,019
94.400
94,400
337.590
167,349
504.939
Charitable Activities
Church activities
Other activities
1,639
3.207
1.639
3,207
4.846
4.846
Other Income
Bank interest
Building rent
477
88
565
477
88
565
Total Income
342,913
167,437
510,350
During the year the charity received two material gifts in kind totalling £94,400 worth of goods and
services. The nature of the goods and services received during the year was the donation of 180 chairs
for the main sanctuary along with the supply and fitting of the flwring of the new building valued.
25

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
3 Expendlture on Charitable Activitie8
Other direct
costs
Support
costs
Salaries
2024
Ordinary ministry of the church
Development of Home & Hub
Grants and mission giving
142,848
63,780
1C6,949
5,771
109,133
315,761
106,949
5,771
142,848
176,500
109,133
428,481
Other direct
costs
Support
osts
Salaries
2023
Ordinary ministy of the church
Development of Home & Hub
Grants and mission giving
126,590
39.621
73,537
16,617
84,647
250,858
73,537
16,617
126,590
129,775
84,647
341,012
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Ordinary ministry of the church
Oevelopment of Home & Hub
Grants and mission giving
313.956
1,805
106.949
3,772
315,761
106,949
5,771
1.999
315,955
112,526
428,481
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Ordinary ministry of the church
Development of Home & Hub
Grants and mission giving
250,858
250,858
73.537
16.617
73,537
12,279
4.338
255,196
85,816
341,012
26

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
4 Ordinary Ministry of the Church
Other direct
costs
SupF)Ort
costs
Salaries
Total 2024
Contribution to AOG GB
Salaries and pension contributions
Staff related costs
Cost of Se￿iceS
Pastoral care & training
Worship
Church courses & events
Youth and children's work
Engage (local social action)
142.848
142.848
38,413
51.188
5,211
14.169
18,881
1,922
24,244
32,307
3,289
21,608
5,348
1,852
36,973
9.151
3,169
58,581
14,499
5,021
142,848
63,780
109,133
315,761
Other direct
costs
Support
costs
Salaries
Total 2023
Contributr'on to AOG GB
Salaries and pension contributions
Staff related costs
Cost of senil￿S
Pastoral care & training
Worship
Church courses & events
Youth and children's work
Engage (local social action)
5,400
5,400
126,590
38,703
47,594
3,491
126.590
11,142
13,702
1,005
27,561
33,892
2,486
3,253
4,705
414
8,046
11,638
1.024
11,299
16,343
1,438
126,590
39,621
84,647
250,858
5 Development of Home & Hub
Unrestricted
Funds
Restricted
Funds
Total 2024
Fitout
Mortgage interest
Building legal & advisory
2,657
103,482
810
2,657
103,482
810
106,949
106.949
27

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
Development of Home & Hub cont.
Unrestricted
Funds
Restn'cted
Funds
Total 2023
Fitout
Mortgage interest
Building legal & advisory
1,878
67,508
4,151
1,878
67.508
4,151
73,537
73,537
6 Grants and Mission Giving
Un￿strICted
Funds
Restricted
Funds
Total 2024
Glfts for Overseas Mlsslon
AOG Impact 25.40 Afghanistan
AOG Impact 25.'40 Middle East Appeal
AOG Impact 25.40 Earthquake appeal
AOG Vision Offering 2023
AOG Wycliffe Bible Translation
Open Doors with Br Andrew
Slovenia Building Projec
Light of the Gospel Ministrys
2.291
800
2.291
800
489
489
600
600
1,089
3,091
4,180
Glfts to UK Beneflclarles
Individua15
MIs8lons Costs
Flights abroad
Missions trip costs
Local mission
Pastoral care - missionaries
376
536
376
536
561
120
561
120
912
681
1,593
Total
2.001
3.772
5,773
28

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
Grants and Mission Givlng cont.
Unrestricted
Funds
Restricted
Funds
Total 2023
Gifts for Overseas Mission
AOG Impact 25".40 Afghanistan
AOG Impact 25.'40 Middle East Appeal
AOG Impact 25.40 Earthquake appeal
AOG Vision Offering 2023
AOG Wycliffe Bible Translation
Open Doors with Br Andrew
Slovenia Building Project
Light of the Gospel Ministries
7,600
7,600
1,600
1,600
600
2.000
300
600
2,000
300
2,900
9,200
12,100
Gifts to UK Beneficiaries
Individuals
3,103
3,103
3,103
3,103
Missions Costs
Flights abroad
Missions trip costs
Local mission
Pastoral care
402
536
402
536
938
938
Total
6,941
9,200
16,141
29

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Ststements
7 Support Costs
2024
2023
Building rna1ntenan￿ & running costs
Rates and insurance
Telephone and printing
Total property related support costs
36,588
6,186
4,193
45.377
14,202
1,541
46,967
61,120
4,228
107
4,430
115
Finance
Creative services
Executive and legal
Depreciats"on
40,912
16.919
17,147
1,835
62,166
23,527
Total
109.133
84,647
Support costs (all are spent from unrestricted funds) have been apportioned based on identified
contribution to direct or support function for both stsff and expenses.
8 Rai8ing Funds
Unrestncted
Funds
Restricted
Funds
Total 2024
Fundraising costs
1,172
1,172
1,172
1,172
Unrestricted
Funds
Restricted
Funds
Total 2023
Fundraising costs
1,855
1,855
1,855
1.855
30

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statsments
9 Statutory Audlt and Indepondent Examlnerfs Fees
Fees payable to the independent examinats'on for..
2024
2023
Statutory audit
Accounts preparation and independent examination
7,200
1,920
10 Staff Costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
Social security Costs
Employer contributsons to pension plans
132.641
5,773
4,434
117,861
4,800
3,929
142,848
126,590
The average headcount of employees during the year was as follows..
2024
2023
Average headcounl
The number of employees who received employee benefits of more than £60,000 during the year was as
follows:
2024
2023
More than £60,000
Kèy Management Personnel
The key management personnel of CCUK comprises of the Senior Pastor and Executive Pastor. The
total employee benefits (including pension and Employer NICI of the key management personnel of the
charity were £75,305 (2023. £63,052>.
31

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
11 Trustee Remuneration, Expenses and Donatlons
During the year four trustees incurred out of pocket expenses for the day to day running of the church
amounting to £1,282 (2023= £314).
During the year the total aggregated donations made to the charity by the trustees was £44,713 (2023..
£52,507). The donors did not attach any conditsons to their gifts which required the charity to significantly
alter the nature of its existing acts'vities.
During the year three trustees were employed by the charity for roles outside of their trustee duties
12023. 2) The total remuneration received including employers national insurance and employers
pension contribution were as follows..
2024
2023
Pastor Kirk McAtear
Pastor Tracee McAtear
Pastor Simon Lakin
41.955
33.351
18,288
38,419
24,633
12 Tanglble Flxed A888ts
Land and
Church
Computer
Building Equipment Equipment
Total
Cost as at 1st Apnl 2023
Additions
2.632,449
756,054
(788,5031
19,589
68,502
4,691 2,656,729
5,847
830,403
(788,503)
10,538 2,698,629
Revaluation
Cost as at 31st March 2024
2,600,000
88,091
Depreciation as at 1 st April 2023
Depreciation Charge
Depreciation as at 315t March 2024
3,754
14,905
2,440
2.014
6,194
16,919
18,659
4,454
23,113
Net Bwk Value as at 31st March 2024
2.600.000
69,432
6.084 2,675,516
Net Book Value as at 31st March 2023
2,632,449
15,835
2,251
2,650,535
During 2023124 the building project was completed.
In November 2023 the Trinity Church building on 150 Coventry Road was revalued upon Ihe completion
of the building work based on the market value of the building and was completed by Carter Jonas LLP.
32

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Ststements
13 Debtors
2024
2023
Gift aid
Prepayments and accrued income
5,181
6,500
7.363
20,000
11,681
27,363
14 Creditor8: Amounts Falling Due Within One Year
2024
2023
Trade creditors
Accruals and defer￿d income
Loans and mortgages
13,228
156
20,183
3.474
7,715
33.567
11,189
15 Credltors: Amounts Falllng Due After One Y•ar
2024
2023
Charity bank mortgage
Big Issue - Development loan
Big Issue - Working capital loan
1,278,799
1,074,354
123,009
94,779
1.278.799
1,292,142
Capital repayment holiday was granted by both Charity Bank and Big Issue due to the Covid Pandemic
and was extended until 31 December 2023.
In January 2024, the charity entered into a consolidated term loan agreement wth The Charity Bank
Limited to refinance its previous borrowings. The loan of £1,300.000 is repayable over 25 years on an
amortising basis, with a final repayment due in January 2034. It is secured by a legal charge over the
charity's propety at Kingston Road, Small Heath and a charge over a designated deposit account.
33

CONNECT CHURCH UK
Year Ended 318t March 2024
Notes to the Financial Statements
16 Anatys5s of Charitable Funds
1 Apr 2023
Income Expenditure Gain l (Loss)
Transfers 31 Mar 2024
Unrestricted Funds
Unrestricted
General fund5
146,921
219,514
{317,127)
(317,127)
111,085
160,393
146,921
219,514
111,085
160.393
Deslgnat•d
Asset and building
fund
1.358.393
1788.503)
806.644 1,376,634
1,358,393
(788,503)
806.644
1,376,534
Total Unrestrlcted
1,505.314
219.514
(317,127) (788.503)
917,729 1,536,927
Re8trlcted Fund8
Access impact grant
Growing lives grant
Missions
Synergy legacy
Trinity Christian
Céntre grant
Wision fund
Youth camp grant
164
(1,805)
{3.652)
(1201
1,805
1,084
2,897
8,142
S,574
2,777
929,018
(929,018)
16.046
81,419
5,000
(1C6,949)
9,484
5,000
13,515
Total Restrlcted
20,191 1.023.579
1112.526)
(917,729)
Total Funds
1.525,505 1,243.093
1429.6531 1788,5031
1,550,442
Fund Tran8fars
Expenses in the Trinty Chrisian Centre grant and the Vision fund were spent on the renovation of the
Church building. A transfer of £929,018 assets purchased by the Trinty Christian Centre fund and £8,834
asset purchased by the vision fund are held In the general fund.

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Ststements
1 Apr 2022
Income Expenditure Gain l (Loss)
Transfers 31 Mar 2023
Unrestricted Funds
Unrestricted
General funds
1,130.346
342.913
(257,027)
1257.027)
(1,069,311)
(1,069,311)
146,921
1.130,346
342,913
146,921
Deslgnated
Asset and building fun
1,358,393 1,358,393
1,358,393
1,358,393
Total Unrestrlcted
1.130,346
342,913
1257,027)
289,082
1,505,314
Restricted Funds
Ac￿sS impact grant
All churches Trust
Ltd grant
Growing lives grant
Missions
Synergy legacy
Vision fund
164
164
56,500
(56,5001
19,000
520
6.000
145.492
(19,0001
9,764
(9,200)
(3.103)
{73.537)
(85,840)
1,084
2,897
16,046
157,673
(213,582)
Total Restricted
227,676
167,437
(289,082)
20,191
Total Funds
1.358,022
510,350
(342,867)
1,525,505
Fund Transfers
During the year ending 31st March 2023 the building development project, other fixed assets and the
loan mortgage balances were transferred out of the general fund and building development related
restricted funds to a designated fund that holds the nettK)ok value of CCUK'S assets less the outstanding
mortgage and loan balances.
35

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
Fund Descriptions
Designated Funds
Asset and building fund
A fund to hold the net b￿k value of the buildings and other assets
hekl by CCUK less the outstanding loan and mortgage balances.
Restricted Funds
AC￿$$ Impact Grant
Funding to engage a fundraiser to write grant bids for the Home &
Hub project.
Funding towards the construction of the Home & Hub.
The Missions Fund is a Restricted Fund that was established for the
following purposes..
a. To fulfil the Church's vision for missions through the provision of
financial support to organised indNiduals. for ministry, church and
community development.
b. To finance and support charitable purposes. humanitarian and
disaster relief works.
c. To provide financial aid to needy people.
d. To finance and support the educa on, training and development of
church ministers and leaders.
Allchurches Trust Ltd grant
Missions
Trinity Christian Centre grant
This fund represents amounts received from Trinity Christian Centre,
SInga￿re, specifically to support the capital costs and fit-out of the
new church building at 150 Coventry Road. Birmingham.
Expenditure from this fund is restricted to construction. fumishing,
and equipping the building in line with Ihe terms of the grant and the
charitys objectives.
Donation for activities for the elderty e.g.: holidays.
Gifts and funding towards the constructton of the Home & Hub
This fLind relates to designated donations and grants received for the
purpose of suprx)rting youth ministry activities, including subsidising
costs for attendance at youth camps and related events. Expenditure
is restricted to direct costs associated with youth participation,
including venue hire, transFM)rt, accommodation, and materials.
Synergy legacy
Vision fund
Youth camp grant
36

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
17 Analy818 of Net A88ets Between Funds
Unrestncted
Funds
Restricted Total Funds
Funds
2024
Fixed assets
Current assets
Creditors less than 1 year
Creditors more than 1 year
2,675.516
173,777
(33.567)
(1,278,799)
1.536.927
2,675,516
187,292
(33,567)
11,278,799)
1,550,442
13,515
13,515
Unrestricted
Funds
Restncted Total Funds
Funds
2023
Fixed assets
Current assets
Creditors less than 1 year
Creditors more than 1 year
2,650,535
158,110
(11.189)
(1,292,142)
1.505,314
2,650,535
178,301
(11,189)
(1,292,142)
1,525,505
20,191
20,191
18 Related Party Transactions
Connect Church is affiliated to the Assemblies of God, Great Brrtain. CCUK made an annual contribution
and additional gift of £6,344 to the Assemblies of God in 2024 {2023. £5,400). Kirk McAtear was
employed by AOG GB. He finished employment from AOG GB In February 2024.
Rev Gerald Tan and Pastor Allen Loh, directors and trustees of CCUK, are senior leaders of Trinity
Christian Centre Church in Singapore. In the year ending 31st March 2024 Trinity Chri5tsan Centre
donated £929,018 to support of the CCUK building project.
Valerie Danelczyk, director and trustee of CCUK. is a trusts of Gilgal Brimingham (Registered charity
number 11028031. During the year CCUK gave a £100 donation to Gilgal Birmingham.
Stefanie Lakin is related paty to trustee and director Simon Lakin through being a close family relative.
Stefanie Lakin is an employee of CCUK and received a lotal remuneration of £9,081 {2023'. £9,353)
including employers national insurance and employers pension contnbutson.
19 Events After The Reportlng Perlod
The building works on the church property were completed after the year end, with the final certificate of
completion Issued in October 2024
37

CONNECT CHURCH UK
Year Ended 31st March 2024
Notes to the Financial Statements
20 Prior Y•ar Statomont of Flnanclal Actlvltles
Unrestricted
Funds
Restricted
Funds Total Funds
Income
Donations and legacies
Charitable activities
Other income
337,590
167,349
504.939
4,846
565
477
88
Total Incomg
342.913
167,437
510,3SO
Expendlture
Raising funds
Charitable activities
1.855
255.196
1,855
341,012
85,816
Total Expendltur•
257,051
85,816
342.867
Net Income l (Expendlture)
85,862
81.621
167,483
38