2025-10-31-accounts

Trustees’ Annual Report for Global Connect

For the financial year ending 31 October 2025

1. Reference and Administrative Details

Charity Name: Global Connect Charity Charity Type: Charitable Incorporated Organisation (CIO) Charity Registration Number: 1206062

Principal Office Address: 41 Farro Drive, York, YO30 6QQ

Trustees:

Dr Mathias Nagy

Mrs Brigitte Kasper

Mr Juhudi Kinyaka

The trustees were supported throughout the year by Mrs Kilio Nagy, a volunteer, who assisted with accounting matters and with payments to our partners in Tanzania.

[phone]

[e-mail]

www. globalconnectcharity.com

2. Structure, Governance, and Management

Governing Document:

The charity is governed by its Constitution, a “Foundation” model constitution for a Charitable Incorporated Organisation, last amended on 02/12/2023. The Constitution was reviewed by the trustees during the year and no amendments were proposed.

Trustee Appointment:

New trustees are appointed by a resolution of the existing charity trustees. The selection process considers the skills, knowledge, and experience required for the effective administration of the CIO.

Organisational Structure and Management:

The charity’s affairs are managed by the board of trustees, who met regularly throughout the year. Decisions and the expenditure approved at each meeting are recorded in the minutes of the Board of Trustees and Volunteers Meetings, supported by written payment approval forms.

The trustees have developed and approved key policies, including a Safeguarding Policy and a Travel and Expenses Policy, both of which were reviewed during the year and found to remain fit for purpose. The charity has a robust procedure for managing conflicts of interest.

During the year the trustees made arrangements for the independent examination of the charity’s accounts.

[phone] [e-mail] www. globalconnectcharity.com

3. Objectives and Activities

Charitable Objects:

The objects of Global Connect are:

1. To advance the education of the public in general and particularly amongst health professionals and students on the subject of trauma and orthopaedic surgery and medicine, and to promote research for the public benefit in all aspects of that subject, and to publish the useful results.

2. The relief of sickness and the preservation of health among people residing permanently or temporarily in East Africa, especially but not limited to Tanzania, through education, research, and provision of resources, facilities and services, including the support of other charities or organisations working to achieve the same aim.

3. The relief of financial hardship and poverty among people living or working in East Africa, especially but not limited to Tanzania, by providing such persons with food, goods, services, education and resources they could not otherwise afford through lack of means, including the support of other charities or organisations working to achieve the same aim.

Public Benefit Statement:

The trustees confirm they have complied with their duty under section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission. The charity’s activities are undertaken to further these charitable purposes for the public benefit.

[phone] [e-mail]

www. globalconnectcharity.com

Main Activities:

To achieve its objects, the charity has focused on several key areas of activity during the year:

Education and Research (UK): Continuing the partnership with the Centre for Orthopaedic Research and Education Limited (CORE) to deliver teaching for healthcare professionals on acute knee injuries, anterior cruciate ligament (ACL) injury prevention and rehabilitation, and to fund research into the long-term outcome of knee replacement surgery. The charity applies a similar approach as the Power Up to Play Charity, of which Dr Nagy is an official ambassador.

International Development (Tanzania): Delivering the charity’s first sports injury prevention training session in Tanzania, transporting and distributing donated knee braces and other goods.

Social Enterprise Development: Completing the first full cycle of the cashew nut trade, from sourcing and processing in Tanzania, through purchasing cashew nuts directly from farmers in Southern Tanzania at fair trade prices, with processing carried out locally, documentation and air freight to arrival in the United Kingdom and laboratory testing; developing of appropriate packaging and launching the online shop; and developing and launching a vanilla range under the Tanza Kindness brand.

Organisational Development: Establishing the charity’s brand identity, website and social media presence, developing paid advertising supported by a Google Ad Grant, and putting in place arrangements for the independent examination of the accounts.

[phone] [e-mail] www. globalconnectcharity.com

4. Achievements and Performance

Education and Research (UK):

Funded and delivered teaching on acute knee injuries and ACL injury prevention and rehabilitation. Delivered in cooperation with CORE, together with a further teaching presentation for physiotherapists and healthcare professionals. Total funding of £19,135 was released for teaching activity during the year, the charity’s largest commitment to its educational objects to date.

Funded a research project on the long-term outcome of knee replacement surgery, at a cost of £8,600.

International Development (Tanzania):

Delivered the charity’s first sports injury prevention training session in Tanzania. To the best of the trustees’ knowledge, this is the first training of its kind delivered in the country and in Africa. The programme follows the methods used by Power Up to Play, adapted for local circumstances.

Transported and distributed donated knee braces to Tanzania, together with a collection of clothing, footwear and play items gathered in the United Kingdom.

Purchased four tonnes of raw cashew nuts directly from farmers in Southern Tanzania at fair trade prices, with processing and packaging carried out by a local business, supporting incomes and employment in the producing region.

Social Enterprise Development:

Completed the first full import cycle. The consignment was sourced, processed, laboratory-tested, documented, and air-freighted, arriving in the United Kingdom in March 2025. The trustees judged the quality to be comparable or better to that of established retail brands.

Launched the Cashew Kindness online shop in April 2025, receiving the charity’s first customer order on 30 April 2025.

[phone] [e-mail] www. globalconnectcharity.com

Developed and launched a vanilla range in September 2025, with 650 units packaged and made ready for sale, and established the Tanza Kindness brand to carry the charity’s wider trading activity.

Received the charity’s first substantive wholesale interest from an established York chocolatier, and began direct approaches to independent gourmet retailers.

Organisational Milestones:

Launched the charity’s own website alongside the online shop, and established the charity’s social media presence, which passed 2,000 followers during the year.

Secured approval of a Google Ad Grant, providing advertising credit at no cost to the charity.

Introduced a financial tracking system and made arrangements for the independent examination of the charity’s accounts.

[phone]

[e-mail] www. globalconnectcharity.com

5. Financial Review

Reserves Policy:

The trustees are in the process of establishing a formal reserves policy. During the year under review, funds have been applied directly to the charity’s programmes and to the establishment of its trading activity. The trustees recognise that cash funds reduced during the year and have identified the development of a reserves policy, together with the diversification of income.

Principal Funding Sources:

Total receipts for the year were £81,444. Of this, £65,175 was received by way of donation and £16,269 was recovered from HM Revenue and Customs under Gift Aid. This covered operational, travel, and projectrelated expenses. The primary long-term funding strategy is to generate income through the planned social enterprise.

Expenditure Summary:

Total payments for the year were £95,442. Major items of expenditure during the period include:

Project Funding (UK): £19,135 for teaching activity and £8,600 for research, both delivered in cooperation with CORE.

Project Funding (Tanzania): £11,465 for the purchase,

processing, transport, testing, documentation and importation of the first cashew nut consignment.

Social Enterprise Development: £44,509 for product

development, packaging, photography, website development, marketing, and trustee meetings.

Operational Costs: Office, room hire, IT costs and website: £11,732.

Remaining cash funds on 31.10.2025: £5,378

[phone] [e-mail]

www. globalconnectcharity.com

Financial Position:

Payments exceeded receipts by £13,998 during the year. This reflects a deliberate period of investment in establishing the charity’s trading activity, together with a substantial increase in funding for the charity’s educational objects. Cash funds at 31 October 2025 were £5,378, compared with £19,376 at the start of the year.

The trustees have reviewed and approved all expenditure, ensuring it aligns with the charity’s objects and Travel and Expenses Policy. The trustees are satisfied that the charity can meet its commitments as they fall due, and have identified the growth of trading income and the diversification of funding as the principal financial priorities for the coming period.

[phone] [e-mail] www. globalconnectcharity.com

6. Plans for Future Periods

Education and Research:

Continue the partnership with CORE to deliver additional training for healthcare professionals and disseminate the findings of the funded research. Expand educational outreach on knee injury prevention, applying the methods of Power Up to Play.

Tanzania Activities:

Extend the sports injury prevention programme to train local healthcare professionals so the work continues between visits. Undertake a second cashew nut purchase, applying the conditions set by the trustees during the year, namely physical inspection of the crop, grade and condition, the obtaining of testing certificates and receipts at the point of purchase, and the measurement and recording of the kernel output ratio.

Social Enterprise:

Complete the rebrand and relaunch the product range. Grow the wholesale channel through direct approaches to independent retailers and farm shops, and continue to improve the proportion of customers completing a purchase, which improved materially during the year. Continue to explore the feasibility of the coffee business and other products.

Fundraising and Governance:

Develop a comprehensive fundraising strategy to diversify income streams and reduce the charity’s dependence on donors, including applications for grant funding. Continue to build the charity’s volunteer base and to review and update governance policies.

This report was approved by the Board of Trustees on 24/08/2026.

Signed on behalf of the charity's trustees:

Dr Mathias Nagy Trustee

[phone] [e-mail]

www. globalconnectcharity.com

	Global Connect Charity	Global Connect Charity	Global Connect Charity	Global Connect Charity	1206062	1206062	CC16a
	For the period from		11/1/2024	To		10/31/2025
Section A Receipts and payments
to the nearest £ A1 Receipts Donations 65,175 Gift Aid 16,269 - - - - - - 81,444 Total receipts 81,444 A3 Payments Unrestricted funds ~~Sub total(Gross income for~~ AR)			to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - Endowment funds		Total funds to the nearest £ 65,175 16,269 - - - - - - 81,444 81,444 8,600 19,135 11,465 18,874 11,732 - - 25,635 - 95,442 95,442 - 13,998 - 19,376 5,378	Last year to the nearest £
							43,502
							10,875
							-
							-
							-
							-
							-
							-
							54,377
							54,377
Activitycost(Research support)	8,600		-				7,525
Activitycost(Teachingsupport)	19,135		-				3,600
Activitycost(Tanzaniaprojects)	11,465		-				9,141
Activity cost (Tanza Kindness and Trustee meetings)	18,874		-				4,711
Office, room hire, IT cost, website	11,732		-				9,552
Bank charges	-		-				14
Car hire cost	-		-				459
Activity cost (Tanza Kindness - product and marketing)	25,635		-				-
	-		-				-
**Sub total **	95,442		-				35,001
Total payments 95,442 Net of receipts/(payments) - 13,998 A5 Transfers between funds - A6 Cash funds last year end 19,376 Cash funds this year end 5,378
							35,001
			-	-		- 13,998	19,376
			-	-		-	-
			-	-		19,376	-
			-	-		5,378	19,376

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds Signed by one or two trustees on behalf of all the trustees	Details Lloyds Bank Account on 31 October 2025 Total cash funds Signature Dr Mathias Nagy (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 5,378 - - - - - 5,378 - OK OK Print Name Dr Mathias Nagy Unrestricted funds Restricted funds	to nearest £ Endowment funds
			-
			-
			-
			-
			OK
			Date of approval
	Dr Mathias Nagy	Dr Mathias Nagy	8/24/2026

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of On accounts for the year ended Set out on pages	GLOBAL CONNECT
	31 October -2025 Charity no (if any) 1206062

Report to the trustees/ members of

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/10/2025 .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Name: Relevant professional qualification(s) or body (if any): Address:	Date:	26/08/2026
	Zeeshan Munawar
	ACCA
	Amzes Accountant
	London, E7 8LE

Oct 2018

IER

1

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Not Applicable

Oct 2018

IER

2