CONNECT MtNISTRIES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 Company Reglstration Number: N1033172 Charities RegistratioD NumbeT: NIC101360
CONNECT MIY41STRIES ST AIYNUAL REPORT AND FINANCL4L STATEMENfs FOR THE YEAR ENDED 31 AUGUST 2023 CONTENTS Pages Report of the Trustees Indep¢nd¢nt Examiner's Report Statement of Financial Activities lill¢orporating income and expenditure account) Statement of Financial PositionlBalance Sheet Cash Flow Statement Notes to the financial statements 10- 15
CONNECT MINISTRIES REPORT OF THE DIRECTORS (INCORPORA TtNG TRUSTEES. REPORT) The Directors (who are also the trustees) are pleased to present their annual report together with the financial statements of the rharity for the year ended 3 1st August 2023, which are prepared to meet the requiTetnents for a direuors, report and a¢counts for Companies Act purposes. The directors have adopted the provisions of the Companies Act 2006 and Accounting and Reporting by Charities: Siatement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP - FRS102), in preparing the annual report and financial statements of the charity. Achievements 2nd perfortTvance Connect Ministries is a Christian charity with a desire to bring community transformation one life at a time - by connecting people from the plaGe of their current reality to a G(yd-first, JeSUsentred. purpose-driven life. The ChaTity endeavouTS io bring transfomation by two approa¢bes: dire¢¢ly by face-io-face beneficiary interactions. and also, indirectly by supporting the civil and social authorities within the community. The Charily runs and oversees social action projects across 8 number of eommunities within a 20-mile radius of its registered oifice. Those so¢iai action projects include, bul are not limited lo, Street reach. Ballymena Foodbank serving ¢irea 2,555 people In 2023 (last year 2,000), we successfully recruited a dedicated Foodbank Project Manager, and we also have Baby Essentials. We run Kids Reach, Sonshine Week commLEnity outreach programme in July where 100 church volunteers dedi¢ated their time. We have a tIDurishin8 Dream Café, Furnimre ministry, Community clean up and power washing. In the reporting period, counile5s volunteers invested many more than 8,500 hours throughout the year, supporting a onneclion to frontline governmental and non-governmental organisations. The support provided ranges from befriending to emergertcy provisions in response lo crises, from kids. clubs lo drop in cafe providing hot meals free of charge lo circa 75 people each weeK to practical help and support bringing environmental improvement. Our volunteer and staff investment resulted in supporting individua]s' journeys through alcohol. drug rehabilitaiion. and engaging 6 people on probation, instilling hope into ihose without any, creating opportunity for people to find structure and purpose as well as meeting the immediate needs of individuals and communities to alleviate poverty and improve social welfare. Comiect also bad the privilege of leading 25 people into a new faith in Jesus. In 2023, we continued to be fully focused on responding to emergency provision of food, baby essentials and hygiene items to our local community through Ballymena Foodbank. Our staff team was arranged to help manage this and we engaged volunteers who delivered these supplie5 to the homes of those who were in most Tjeed. Finanei81 r¢vi¢w ¥nd fuo(ts poliey During the year the Charity had total income of £101,753 and total expenditure of £108,039 resulting in a net deficit of £6.286. The net deficit for the year as sho1 in the stalement of financial activities on page 7 has been transferred to the company's funds arLd has resulted in a decrease in total Charity funds from £53,029 to £46,743. Details of the financial position of the Charity at the year-end can be seen on pag¢ 8. At the end of the year the Charity had £15.314 cash at bank. It 15 the aitn of the Trustees, if possible. to mainlain an unrestricted cash reserve equIVent to that of two months expendÈture. The company plans to continue its activities in the forthcoming years.
CONNECT MINISTRIES REPORT OF THE DIRECTORS (conlinued) Objectives and Activiti£8 (gud how they deliver public benefit) Purpose I Purpose: To promote the benefit ofthe inhabitants ofNorthern Ireland (hereinafter called 'the area of benefit,) without distinction of seK sexual ortentation. race or of political, religious or other opinion by associating together ihe said inhabitants and the local authoriiies voluntary and other organisations in a common effort to relive poverty and to provide facilities in the interests of social welfare for tbe recreation and leisuTe time occupation with the object of improving the conditions of life of said inhabitants. Open to all of the public in Northern Ireland. The provision of facilities for public use. Throiigh the provision of clothing or food. The adoption of a moral framework which encourages people to be good citizens. Promotional materials. mproved behavior. Improvement in social, emotional arjd physical wellbeing of participants. Improvement in a person or group's person andlor fjnancial circumstances. Beneficiaries.. How they benefLt'. How the ben¢filS Can be demonslraled.. Purpose 2 Purpose: Beneficiaries.. To advance the Christian religion. Open to all of the public in Northern Ireland. Access to public worship. Access to religious publications including sacred text5 and literature. Improved behaviour as a result of being involved in a public aci of worship. How they benefit: How the benefits can be demonstrated.. Activities The Charity's main activities are a5 follows". To communicate, witness and implenjent the Gospel of Jesus Christ by means of example and the spoken and Titten word. To draw, make, accept. endorse, discount, execute and issue promissory llotes, bills, cheque5 and other instruments, and to operate baT accounts in the name of the Company. To raise funds and to lllvlte and receive contributions- provided that in raising funds the Company shall not undertake any pernianent trading activities and shall conform to any rel¢vanl statutory regulalions. To promote the forniation and/or incorporation of or to othen¥i5e acquire and fund from monies held by the Company as are not immediately required in discharge of the Company's other Objects either by the means of equity or debt such wholly owned non-charilable trading subsidiaric5 as the Company considers appropriate from time to time. To acquire, alter, improve and (subject to such consents may be required by law) to charge or otberwise dispose of property. Volunteers The Trustees wish to acknowledge their deep appreciatlon of those who give freely of theirtime by serving on committees and helping with organisations and other mtni5try activities.
CONNECT IVllNISTRIES REPORT OF THK DIRECTORS (continued) Objectives Activities (and they deliver public benefit) (continued) To employ such staff, who shall not be directors of the Company, as are necessary for the proper pursuit of tELe Objects and to nuke all reasonable and necessary provision for the pa)Tnent of pensions and superatmuation to staff and theiT dependents. To establish or support any charitable trusts, associations or instimtions formed for all or any of the Objects. To establish or se¢ure the establishment of a Centre and to maintain and manage the same (whether alone or in co-operation with any local authority or oiher person or body) in fijrtherance of these Obje¢ts. To co-operate wilh other charities, volunlary bodies and statulory authori1ies operating in furtherance of the Objects or similar charitable purposes and io exchange infomiation and advice with them. To pay out of the funds of the Company the costs. Charges and expenses of and incidental to ihe forniation and r¢gi5tration of the Company. Reference and administrative details Registered charity name.. Charity Commission regislr&tion number: HMRC charity reference.. Company registration number.. Prin¥ipl¢ office and registered offi¢e'. Connect Ministries N]C101360 XR22389 N1033172 CIO Green Pastures. The People's Church Faith Avenue The Gateway Ballymena County Antrim BT42 3FF Directors and Trnstees of the Company The directors who held office during the year. and in the period since 31 X August 2023 to the date of these accounts were approved, were as follows.. Mr. Robert Kingston Mrs. Sara Stephens Mr William Wilson Mr. Jeffrey Wright Structurey governllnce alld managemellt The Company 15 a charity limited by guarantee without share capital. The Company is governed by its Memorandum and Articles of Association dated 30th O¢tober1997. In the event of the Company being wound up members are required to contribute an amount not exceeding £1 O. The Board is responsible for the overall governance of the Company with the day-to-day management delegated to responsible individuals. Directors are appointed in line with the Memorandum and Articles of A&%ociation of the cotnpany. The Board of Directors are also known as Trustees for the purposes of the Charity Commission. The Trustees have had regard to ihe Chariiy Commission's Public Benefit requirement.
CONNECT MINISTRIES REPORT OF THE DIRECTORS (continued) Risk manageent The director5 have conducted a review of the major risks to which the charity 15 exposed. Financial risk is reviewed on a monthly basis having due regard to ongoing income and expenses. Staternent of directors, responsibilities The directors {who are the trustees of Connect Ministries) are responsible for preparing the director5 'report alld the financial statetnents in a¢coTdan¢e with applicable law and regulations. Company law requires the directors to prepare financial slatements for each financial period. Under that law the dircctors have prepared the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under Company law the directors must not approve the financial statements unless they are satisfied that they give 8 Irue and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including income and expenditure for that pcriod. In preparing these financial statements, the direclors are required 10: select suitable accounting policies and apply them consistently. observe the methods and principles in the Charities SORP-FRS 102. make judgements and accountiog estimates that are re8sonable and prudent; State whether applicable accounting siandards have been followed, subject to any material departures disclosed and explained in the financial stat¢ment' and prepare the financial statements on the goin8 concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accountingrecords that are sufficient to show &nd explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for (akin8 reasonable steps for the prevention and deteLlion of fraud and other irregularities. Funds held as custodian trustee on behalf of otbers The charity does not hold any funds on behalf of others. STnllll companies provision stAtement This report has been prepared in accordance with the special provisioJLS relating to companies subject to the small companies regime wiihin Part 15 of the Companies Art 2006. Approved by the Board on 23 April 2024 signed on its behalf by: Mrs S&ra Stephens Tn]stee
CONNECT MINISTRIES Ir4DEPENDEr Ek4MtNER'S REPORT TO THE TRUSTEES OF CONNECT MINISTRIES I report on the accounts for the year ended 31 st August 2023 which are set out on pages 7 to 15. Respective responsibilities of trustees and examiner The chaTity's trustees are responsible for the preparation of the accounts. The charity's trusiees consider that an audit is not required for this perÉod under section 65(2} of the Charities Act (Northern Ireland) 2008 (as amended) and that an independent examination is needed. It is my responsibility to: examine the accounts under 5¢rtion 65(3) of the 2008 Act. to follow the procedures laid down in the general Directions given by the Charity Commissioj) under section 65(9)(b) of the 2008 Act. and to stst¢ whether particu18r matters have come to tny attention. Basis of independent ex8tDiner's report I have exainined your charity accounts as required under Section 65 of the Charities Act and my examinalion was carried out in accordance with the general Directions given by ihe Charity Commission for Northern Ireland under section 65{9){b) of the Charities Act. My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity Iruslees concerning any such matters. My role is to state whether any material matters have Come to my attention giving me cause lo believe.. l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requiTements of the Chartties Act 4. That there is further infornlation needed for a proper understanding of the accounts to be reached. Independent examiner's stxtement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northem Ireland. I have found no Matte that require drawing to your attention. Peter Stevenson Member of the Institute of Chartered Accountants in Ireland Stevenson and Wilson 22-30 Broadway Avenue Ballymena BT43 7AA 23° April 2024
CONNECT MINISTRIES STATEMEIYf OF FIIYANCIAL ACTIVITIES INCORPORATING INCOME èkND EXPENDITURE AccouNr ST FOR THE YEAR ENDED 31 AUGUST 2023 Unrestricted Fulld8 2023 Restricted Funds 2023 Total 21J23 Total 2022 Llote Incoming resourees Donations received Charitable activities Investment income 45.127 1.000 47.625 8,000 92.752 9,000 44,157 88.323 32 Total income 46,127 55,626 101.753 132,512 Resources expended Charitable activities Suppon costs Governance costs 619 57,189 3.400 29,606 17.225 30225 74,414 3,400 79,200 72,166 2,900 Total expenditur¢ 61,208 46,831 108,039 154,266 Net income/{eKpenditurel before transfers (15,081) 8,795 (6,286) (21.754) Transfers between fund5 (2,943) 2,943 Net movement ill funds (18,024) 11,738 (6,286) (21,754) Reconciliation of funds: Total funds brought fonvard 23.691 29J38 53.029 74,783 Totsl funds carried forward 5,667 41,076 46,743 53,029 The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derives from contAnuin8 activities. 'Ibe ttoles on pages lo to 15 fonn part of these accounts.
COIYNECT MINISTRIES STATEMENT OF Fif4ANCL4L POSITION I BALANCE SHEET AS AT 31- AUGUST 2023 (Company registration number: N1033172} Note 2023 2022 Fixed assets Tangible fixed assets 18,019 18,019 22,629 22,629 Current assets Debtors Cash at ba[- general aecourlt Cash at bank- otheT ministry accounts 10 25,300 1,444 13.870 40,614 32,119 7.126 39,245 Creditors: amounts due wilhiu one ye4r (11,890) (8,845) Net current assets 28,724 30,400 Total net assets 12 46,743 53.029 Unrestrieted funds General funds Total unrestricted funds 13 5,667 5,667 23,691 23,691 Restricted funds 13 41,076 29,338 Tot81 chArity funds 46.743 53,029 The financial Statements have been prepared in accordance with the provisions applicable to companies subjea io the small companies, regime under The Cotnpanies Act 2006 and with Charities SORP-FRSIO2. The notes on pages 10 to 15 are an integral part of ihese financial statements. The fmancial statements on pages 7 to 15 were approved by the Board of Trusiees on 23, April 2024 and signed on its behalf by.. Mrs Sara Stephens Trustee Mr Robert Kingston Trustee The Dotes on pages 10 to 15 form part of these accolln
CONNECT [NISTRIEs ST CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGugf 2023 2023 2022 Cgsh floiv from operating activities Net incomingl(outgoing) resources Deprecialionlprofitl(loss) on disposal Increase in debtors Increasel(decrease) in CTeditors Net caskn outflow from operating aetivities (6J87) 4,610 (25,300) 3,045 (23,932) (21,786) 5.517 (7,415) {23,684) Returns on investments 4nd servicing of fanCe Interest received 32 Capital expenditure #nd financi*l investment Purchase of iangible fixed assets Sale of tangible fixed ass¢ts (521) 2.000 1,479 Net decrease in cash for the y¢8r (23.931) {22,173) Cash and cash equivalents at the beginning of the year 39,245 61,418 Cash 4nd cash equivllent at the end oftbe year 15,314 39,245 The notes on pages 10 to 15 folm part of these accounts.
CONNECT MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023 l. Company information The Company is limited by guarantee and is incorporated in Northern Ireland. The address of the registered office is CIO Green Pastures. The People's Churc14 l Faith Avenue. The Gateway, BaIlymen4 Co Antrim B T42 3FF. The financial statements were authorised for issue by the Board on 231d April 2024. 2. Accounting policies The principal accounting policies adopted, judgements and key source5 of estitnation uncertainty in the preparation of the financial statements are as follows= Bys1$ of prep4ratlon The financikl slalements have been prepared on a going concern basis in accordance with ACCOLting and Reporting by Charities.. Statement of Recommended Practice applicable io charilies preparing their accounts in accordance with Ihe Financial Reporting StandaTd applicable in the UK and Republic of Ireland (FRS 102)- (Charities SORP (FRS 102)), the Financial Reporting Si2ndard applicable in the UK and Republi¢ of Ireland (FRS 102) and ihe Companies Act 2006. The accounts are prepared in sterling. whi¢h is the functional ¢enCY of the charity. The Company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost and transaction value iinless otherwise slated in the relevant accounting policy note(s). PrepAration of Accounts on a going concern basis The Company generally meets its day io day working capitaI requirements from its annual income. The TrUe¢S have obtained and reviewed cash flow forecasts for the coming year and based on these are sat15fied that the Company has resources lo provide a reasonable expectation that it can continue io meet its financial obligations as they f] due for the foreseeable fitture. These financial statements have therefore been prepared on a going concern basis. Incoming resources Donations rcceivcd comprises 811 cash receivable for the accounting period, including any related tax recoverable under Gift Aid. Income is recognised when the Charity has estsblished an entiilement to the income. For donations this is typically upon receipt. Gift aid income is accrucd in respecl of charitable donations already receipted. Resources expended ReSoueS expcndcd are recognised in the period in which they are In¢u¢d. Charitable expenditure comprises those cost5 incurred by the charity in the delivery of its activities and services to its beneficiaries. It includes Ix)th costs that can be allocated directly lo such activities and those costs of an indirect nature necessary to support them. Short-term debtors creditors Debtors and creditors Mith no stated inlerest rate and receivable or payable within one year are recorded at transa¢tion price. Financial assets, including debtors, are reviewed at the reporting date to deterniine if there is any evidence of potential impairment. Any losses arising from impairnlent are recognised in the income statement in operating expenses. 10
CONNECT MINISTRIES NOTES TO THE FINANCIAL STATEMENfs (conlinued) 2. Accounting policies (continued) Txngible Assets The tangible assets of the charity comprise of plant and equipment and motor vehicles. Equipment is depreciated at a rate calculated to reduce it to residual value at the end of its expected normal life on & straight-line basis at rates of l 00/0 or 20Q/o per annum. Motor vehicles are depreciated at a rate calculated to reduce them to residual value at the end of their expected norn)al life on a Siraight-litte basis at a rate of 200/0 per annum. The assets, residual values and useful lives are reviewed, and adjusted. if appropriate. at the end of each reporting period. Th¢ effe of any chang¢ is accounted for prospe¢tively. Tangible assets are dere¢ognised on disposal or when no fuftjre economic benefits are expected. On disposal. Ihe difference between the new disposal proceeds and the carying amount is recobmised in the statement of financial a¢tivities and included in "Charitable activity e.xpenditurc" Cash and cash equivalent$ Cash and cash equivalents include cash in hand and c8sh at banks. Financial instruments The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initia]ly reco8nised at transaction price and subsequently measured ai their settlement value. Funds Funds are classified as either unrestricted funds or restricted fjjnds. defined as follows. Unrestricted funds are expendable at the discretion of the trus¢¢e5 in furtherdncc of the objects of the charity. If parts of ihe unrestricted funds are earniarked at the discretion of Ihe tNstees for a particular purpose, Ihey are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustees, discretion lo apply the fund. Restricted llds are funds subjecl to specific requirements as lo their use which may be declared by the donor or with th¢ir authority or ¢reat¢d through lega] pro¢ess¢s, bul still within the wider ObJts of the Charity. Pensions The Charity operates a defined conlribution scheme for all stsfr. Employer contributions are charged through the income and expenditure account when incurred. 3. Crlttcal accounting judgements and estimation uncertaiDty Estitnates and judgmcnts made in the proce55 of preparing the financial Statements are coThtinually evaluated and are based on historicat experience and other factors. including expectations of future events that are believed to be reasonable under ihe ¢ir¢umstances. The Trustees do not consider that there are any critical judgments made in applying the Company's accounting policies or that there are any critical accoLmting estimates or as5UrnPtions whicb may have a significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the next fin&ncial year.
CONNECT IKtNISTRIES NOTES TO THE FINANCIAL STATEMENTS {eontinued) 4. Income resources Unrestricted Funds Restricted Funds Total Total 2023 2023 2023 2022 Donations received From associated charities From associated companies Fr()rn individuals and corporafr bodies 25JOO 13,119 38,419 17,151 19,827 45.127 54,333 92,752 27,006 44,157 47,625 Charitable activities Grant income 1,000 8,000 9,000 88,323 Inwesiment incotne Bank intere51 rcceivcd 32 Total income 46,127 55,626 101,753 132,512 Resources expended Unrestricted Funds Roslrieted Funds Total Total 2023 2023 2023 2022 Charitable activitles Charitable donalions Activity costs 1,170 28,436 29,606 1,170 29,055 30,225 62,718 16.482 79,200 619 619 Support Costs Wages and salaries Property Costs Administration costs Depreciation and profitlloss on dispos31 Other expenses 53,007 895 7,577 275 60,584 1,170 3,037 4.610 5,013 74,414 54,837 5,936 2,034 5,517 3,842 72,166 343 2,694 4.506 2.173 17225 104 2,840 57,189 Governance costs Legal and professional fees 3,400 3,400 2,900 61,208 46,831 108,039 154.266 12
CONNECT MtNISTRIES NOTES TO THE FINANCIAL STATEMEIYfS (continued) 6. Transfer5 between funds Ullrestricted fidS are spent or applied at the discretion of the trustees to further any of the charity'5 PUTrQses. Unrestricted funds can be used to supplement expendtture tllade from restricted funds. 7. Taxation Connect Ministries is reCOlSed as a charity for the purposes of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. 8. Analysis of staff costs, trustee remuneration and expenses, the Cost of key m&nagement personnel 2023 2022 Salaries and wagcs National insurance costs Employer pension contributions 55,041 4,407 1,136 60584 49.567 4.171 1,099 54.837 Thc average number of employees during the period was 3 (2022: 3) No employees are in receipt of employee benefits in excess of £30,000. No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the period. There was no remuneration paid to Trustees in the year ended 31 August 2023. No expenses were incurred in respect of Trustees. 9. Tangible fixed assets Motor Vehicles Equipment Total Cost At I st September 2022 Additions 61,719 12,750 74,469 At 31" August 2023 61,719 12,750 74,469 Depreciation At l September 2022 DepreciatioTL At 31st August 2023 46.940 2,935 49,875 4,900 1,675 6,575 51,840 4,610 56,450 Net book vmlue xt 31" August 2023 Net book value at 31" August 2022 11,844 14.779 6,175 7.850 18,019 22,629 13
CONNECT MtNISTRIES li NOTES TO THE FINANCIAL STATEt¥lENTS (conlinued) IO. Debtors 2023 2022 LA)an to associated charity. CoJnp&ssion Ministne5 Grants r¢¢eivable 22JOO 3,000 25?00 The loan to Compassion Ministrles is unsecured. non-int¢r¢st bearing and is repayable oll demand. Il. Creditors: amounts dlle within one year 2023 2022 Other creditors and accruals 11,890 11.890 8,845 8,845 12. Analysis of total net as$e¢$ Unresfricted General Restricted Total Fixed &ssets Net current assets 313 17,706 23,370 41,076 18,019 28,724 46,743 5.354 5,067 Total net assets At 3191 August 2023 13. Funds of the Company At 1st SeptetDber 2022 At 315t August 2023 Jneome Expenditure Transfers Restricted funds 29,338 29,338 55.626 55.626 (46.831) (46,831) 2,943 2,943 41,076 41,076 Unrestricted fullds General fund 23.691 23,691 46.127 46,127 (61,208) (61,208) {2.94J) (2,943) 5,667 5,667 TotAI funds 53.029 101,753 (108,039} 46,743 ose of restricted funds These funds are to be used towards the support of the charitable work of the illdividuai ministries within the charity. 14
CONNECT MINISTRIES NOTES TO THE FINANCL4L STATEMENTS (conlinued) 14. Financial instruments At the balance sheet date the Company held the following funCIal instruments: 2023 2022 Financia] assets that are debt inslrnments measured at amortised cost 40,614 274 39,245 309 Financiat liabilities measured at amortis¢d cost 15. Related party tran5ACtions 2023 2022 Included in Incoming resources are the following: Donation from associated charity, Green P&sture& The People's Church Donaiion from associated charity, Compassion Ministries Contribution towards expenses from associated company, The Gateway sla1 Investment Limlled 38,419 16.451 700 600 Included in resources expended are the following: Donalion to associated charity, Green Paswres. The People's Church Donation to associated charity, Compassion Ministries Contribution towards expenses to &ssociated charity, Green Pastures. The People's Chiirch 197 1,170 53,000 5,245 9,521 Re-imbursement of expenses to Sociated charity, Compassion Ministries Included in current assets are the followiDE: Loan lo assoeiated chariiy, Compassion Ministries 22JOO All of the above companies are related by virtue of common control. No payments were made to any of the Trustees during the year. 16. Capital and fiDallci41 commilments The company had no eapital or financial commitments at the balance sheet date (2022: £Nil). 17. Controlling party During the year Conneet Ministries was under the control of the Trustees (who are also the directors). 15