CONNECT MINISTRIES
ANNUAL REPORT AND FINANCIAL STATEMENTS
ST
FOR THE YEAR EIYDED 31 AUGUST 2024
Company Registration Nllmber: N1033172
Charities Registration Number: NIC10136D

CONNECT MINISTRIES
ANNUAL REPORT AND FINAIYCIAL STATEMEIYTS FOR THE YEAR EDIDED 31ST AUGUST 2024
CONTENTS
Pages
Report of the Trustees
Independent ExamiTJer'$ Report
Siatemellt of Financial Activities (incotporaling income and expenditure account)
ststement of Financial PositionlBal8nce Sheet
Cash Flow Statemenl
Notes to the f￿ancIal statements
10- 15

CONNECT MINISTRIES
REPORT OF THE DIRECTORS (INCORPORATING TRUSTEES, REPORT)
The Directors (who are also the In￿lee5) ar¢ pleased to prcsclll thcir aDELval report together With the financial statements
of thc charkty for Ihe year endcd 3 Isi August 2024, which are prepared to tDcct the requiTemcnts for a directors. rcport
nd accounts for Companies Acl purposes. The direciors have adopted thc provisions of the Companies Act 2006 and
Accountiiig and Reporting by ChariTies.' StateTnen( of Recommended Practice applicable to charilie5 preparing accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charilies SORP -
FRS102), in preparing the annual report and financial statements of thc charity.
Achievements and performanee
Connect Ministries is a Christian charity with a desire to bring community transformation
one life at a time - by
coimeciing people frorn the place of their CUTTent iealiry to a GOd-f￿st. Jesus-centred, putyose-driven life.
The Charity cndeavours to bring transfornialion by two approaches.. directly by fac¢-to-face beneficiary intern¢tions' and
also. indir¢¢ily by supporting Ihe civil and social auihorities within the ￿n￿llunAty.
The Charity rnns and oversees so¢￿1 action projects across a number of communities WTthin a 20-miLe radius of its
registered office. Those social action projects include, but are not limited to, Srreei reach, Ballymena Foodbank and we
also have Baby Essenlials. We rnn Kids Reach, Sonshine Week community outreach programme in July where l OO+
church volvnl¢¢rs dedicated their tim¢. We have a flourishing Dream Caf¢. FuTnirurc minis￿, Community clean up and
power washing.
In the reporting period, couni5ess volunteers, once again showed their -servant heart,, investing many hours - estimated
at more than 8,500 hours Ihroughout the year. supporting a connection to frontline govenimental and non-govenimenlal
organisations. Thc support provided ranges from befriending to cmcrgcncy provisions in r¢sponse to crises, from k'ids,
clubs lo drop in cafe providing hot mcals free of charge to circa 80 people each week, to practical help and support
bringing cnyironmenlal improvement.
Our voliii)teer and staff inveslrnent resulted in supporting individua15' jOUTneys IhrouEh alcohol, drug rehabilitstion. and
engaging numerous people on probation, instilling hope into those Mryihout any. crethling opportunity for people lo find
struLture and pu￿0$¢ as well as meeting thL immeth'ale needs of iodividuals and communities to alltviate poverty and
improve SOCiY41 welfare.
Connect also had the privile8e of leading 32 people into a new faith in Jesus.
In 2024, we contsnued to be ￿llY focused on responding to emergcncy provision of food, baby essentials and hy¥i¥ne
items to our lo¢al cotntnunity through Ballymena FoodbaJ)k. OUT sthff team were entn15ted to arrllnge and help manage
this and we engaged volunteers who delivered these supplies lo the homes of those wlio were in mosl need.
Financial review and funds policv
Durin8 thc year the Charity had total income of £115,513 and total ¢xpcnditur¢ of £120,601 resulting in a n¢1 d¢fi¢it of
£5,088. The net deficit for the year as shown in the statetnent of fuLaD¢ial activities on page 7 has been transfe￿ed to the
company's fi￿d5 and resulted in a decrease in total Charity funds from £46,743 10 £41.655. Details of the financial
positioTJ of the Chariry al the year-end can be seen on page 8.
At thc ¢nd of th¢ year tbe Charity had £8.838 cash at bank. IL is the aim of the Tn￿l¢¢$, if possible, to maintain an
unrestti¢ted cash reservc cquivalent to that of two months expenditure.
The company plans to continue IL8 activities in the forthcoming years.

CONNECT IVtINISTRIES
REPORT OF THE DIRECTORS (continued)
Objectfives and Activitie5 (and how they deliver public benefit)
Purpose I
Putpose..
To promotc thc benefii of thc inhabitanrs of Northern ITcland ihereinafter called 'th¢ area of bcE)efit')
wiihoul distinction of s¢x, sexual orientation. race 01 of political, religious or other opinion by
associating together thc said inbabitants and thc local authorities voluntary" and other organisations
in a common effort ro relive poverty and to provide facililics in the interests of social welfare for the
recreation and leisure time occupation with the object of improving the conditions of life of said
Inhabi￿nIs.
Open to all of ihe public in Nortbern Ireland.
The provision of falilities for public u￿.
Through the provision of clothing or food.
The adoption of a moral framework which encourdges people to be good ¢itiz¢ns.
Pioinolional matenals.
Iniproved behavior.
Improvement ir) social, emolional and physical wellbeing of participants.
Improv¢m¢nt in a person or group's person andlor financial eircumstances.
Beneficiaries-
How they
benefit..
How the
bencfils can be
demonstrated..
Purpose 2
Purpose:
Beneficiarie8'.
How tl)¢y
b¢nefit.'
How the
benefits can be
dcrnonstrated..
To advance the Christian religion.
Open to all of the public in Northern Ireland.
Access to public worship.
Acce8s lo religious publications including sacred Icxts and liierature.
Improved behaviour as a result ofbeing involv¢d in a public act of worship.
Activities
The Cliarity's main activities are as follows..
To communicatc, withess and implement the Gospel of Jesus Christ by means of example and ihe spoken and
written word.
To draw, ￿￿ke. accept, endorsc, di8counl. execuic and issue promissory notes, bills, cl)eques and other
instruments, and to opL'rate bank accounts in ihe name of the Company.
To raise funds and to invite and receive contribulions; provided that in raising funds the Company shall iiot
Iindertuke Rny pcmanent trading hctivilies and shall conforni to any relevant slatulory reLJulations.
To promote the forn]alion andlor incory)oration of or to otherwise aLquire and fund from monies held by the
Company as are not immcdiately required in dischargc of thc Company's other Objects ¢ither by the means of
equity or debt such wholly owned non-cbaritable trading subsidiaries as the Company consideTS appropriate
from time to lime.
To acquire. alter, improve and (subject 10 Such Consents as Tnay be required by law) to charge or otherwise
dispose of property.
Volunteers
The Trustees wish lo acknowledge their dccp appr¢ciation of those who give freely of their time by serving on committees
and helping with oiganisations and other ministy aclivilies.

CONNECT MINISTIUES
REPORT OF THE DIRECTORS (conlinued)
ObJe¢tives and Activities (and how they deliver public benefit) (Continued)
To ernploy such staff, who shall llot be direclois of ihe Company, as arc necessary for the proper pursuit of the
Objects and to make all reasoJ]able and necessary provision for the payment of pensions and superannuation to
staff and their dependents.
To establish or support &ny charitable tTUSts. associations or institutions forn]ed for all or any of the Objects.
To esthblish or secure the establishment of a Celltre and ￿ mainrain 8nd maiiage the same (whether alone or in
co-operation with any local authoriiy or other person or body) in furthcrance of ihese Objccls.
To co-operate with other charities, volunLlry bodies and stalutory auihoTities operating in ￿rthCraDce of tlie
Obj¢cis or similar Charitable putpos¢s and io exchange infomiaiion and advicc with them.
To pay out of the funds of the Company the costs, charges and expenses of atld inCid￿lIa1 to the forniation and
registration of the Company.
Reference administrative detaily
Registered Charity narn¢'.
Charity Commission rcgisttation number:
HMRC charity reference:
Company registration number..
Principle office and registered office:
Connect MiDiStrics
NIC101360
XR22389
NJ033172
CIO Green Pastures, The People's Church
l Faith Avenue
The Gateway
Ballymenu
Counry Antrim
BT42 3FF
Director5 and Trustees of the Company
The directors who held office during th¢ year. and in the period since 31 August 2024 kn the date of these accounts were
approved, were as follows:
MT. Robert Kingston
Mrs. Sara Slephens (resigned 16 December 20241
Mr William Wilson
Mr. Jeffrey Wright
Struetureg governance llnd m4nAgement
The Company is a chariry limited by guarantee without share capital.
The c.ompany is governed by its Memorandum and Articles of Association dated 30th October 1997. Jn the event of tbe
Company being wound up members are required to conlribute an amount nol exceeding £10. The Board is responsible
for the overall governance of the Company with the day-tO•day tnanagcmcnt delegated kn responsible individuals.
Directors are appointed in line with the Mernorandum and Articles of Association of the company.
Th¢ Board of Diredors are also known xs Trusiees for th¢ pury￿se5 of the Charity Cornmission.
The Trustees have had regard to the Charity Commission's Public Benefit requiremenL

CONNECT MINISTRIES
REPORT OF THE DIRECTORS (continued)
Risk management
Thc diTeclors have conducled a review of ihe rnajor risks to which thc charity 15 cxposed. Financial risk is rcviewed Oll a
monthly basis having due regard to ongoing income and expenses.
Statement of directors, responsibilities
The directors (Ivho are the trustees of Conncct MiDistrics) arc responsible for preparing th¢ directors 'report and the
fillancial statements in &ccordance with applicable law and regulations.
Company law requires the directors to prepare f￿anCIal statcmcnts for cach financial period. Undor that18w the directors
have prepared the financial statements in accordance with Utlited Kingdom Generally Accepted Accounting Practice
{United Kingdom Accounting Standards and applicable law)- Under Company law thc dircctors must J)ot approve th¢
financial statemenis unless they Lre satisfied ihal they give a true ai)d fair view of the state of affairs of the cbari(abl¢
cornpany aiid of thc incoming resources and application of resources. including income and expeiiditure for tbar period.
In preparing thcsc financial stalements, the directors ar¢ r¢quir¢d to:
select suitable accounting policies and apply them consislenily-
observe the methods and principles in the Charilies SORP-FRS102:
make Judgements and accounting cstimates thai are Teasonable and prudent;
state wheiheT applicable a¢¢ounting standards have been followed, subjcct to any material departUTes disclosed
and explained in the f￿ancial statement. and
prepare the finan¢i&l statements on the 80ing concern basis unless il Is inappropriate to presume that the company
will conlinuc in business.
The directors are responsible for keeping adequate accounling records that arc sufficient to show and explain the charitable
company's transactions and disclose with reasonable accuTa¢y al any lime th¢ fin4u]cial positioll of the charilable company
and enable them to ensure Ihat the financiii l statements comply with thc Companies Acl ?006. They are also re5pon.%iblc
for safeguarding the assets of the charitablc company and hence for raking reasonable sieps for the prevention and
detection of fraud and o¢her i￿g￿la[hIl¢s.
Funds held as custodian trustee on behalf of oth¢rs
The charity docs not hold any funds on behalf of others.
Small comp#ni¢g provision ststement
This r¢port has been pr￿ared in a¢cordaoce with the special provisions relating to companies subject lo the small
cornpanies regime within Part 15 ofthe Companies Aci 2006.
Approved by the Board on 6, May 2025 sAgned on its behalf by:
Mr5 Robert Kingston
TMstee

CONNECT MINISTRIES
INDEPENDENT EXATrItNER'S REPORT TO THE TRUSTEES OF cof4NECT MINISTRtEs
I report on tbe accounts for the year ended 3 1st August 2024 which are set out on pages 7 to 15.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's Iruslees consider th&t an audit is
not required for this period under section 65{2) of the Charities Act (Northen] Ireland) 2008 (as amended) and that an
independent examination is needed.
It is my responsibility to:
examine the accounts under section 65(3) of the 2008 Ac
lo follow the procedures laid down in the general Directions given by the ChaTity Cominission under section
65(9)(b) of the 2008 Act. and
stale whether particular matters have come lo my a￿entiOn.
Basis of Independenl examlner'5 report
I have examined your charity accounts as required under seclion 65 of the Charities Acl and my examination was carried
out in accordancc with the general Dircctioiis given by the Charity Commission foy Northern Treland under seciion
65(9)(b) of the Charities Act.
My examination included a review of th¢ a¢¢ounting records kept by the chariry and a comparison of the accounts
presented with those records. It also iiicluded consideration of any unusual iiems or disclosures in the accounts, and
seeking explanations from you &s charity trustees Conceming any such matters.
My rol¢ 15 to slate whcthcr any material matters have come to my altcnlion giving me caus¢ lo b¢lieve-
That accounting records were not kept in 8ccordan¢e with seclion 63 of the ChArilies Act
2. That the ac¢ount8 do not accord with thos¢ sccounting records
3. Thal the accounts do not comply with the accounting requirements of the Charities Act
4. That there is further infommtion n¢¢ded for a proper undersiaiiding of tbe aceounts to be reached.
Independent exaKniner's statement
I have completed my examination and have no conccm5 in Tcspect of ihe mattcrs {1) to (4) listed above and, in connecti￿]
with following the Directions of tile Charity Collunission for Northern Ir¢land, I have found no matlcrs tliat require
drawing to your attention.
P¢ter Stevenson
Member of the Institute of Chartered
Accountants in Ireland
Stevenson and Wilson
22-30 Broadway Avffljue
Ballymena
BT43 7AA
6° May 2025

CONINECT NttNISTRIES
ST ATEMENT OF FINANCLIL ACTtVITIES INCORPORATING INCOME AND EXPEf4DITURE ACCOUIYT
FOR THE YEAR ENDED 11- AUGUST 2024
Unr&stricted
Funds
2024
Restricted
Funds
2024
Tot?}
2024
Totdl
2023
Nole
Incoming resources
Donations received
Charitable activities
Investment income
56,533
55,980
3,000
112,513
3,000
92,752
9.000
Total incoTne
56,533
58,980
115,513
101,753
Resources expended
Charitable activities
Support costs
Goveman¢e costs
2,042
56.118
2,700
33J14
26,427
35J56
82,545
2,701)
30,225
74,414
3,400
Total expendlture
60,860
59,741
120,601
108,039
Iyct incomel(expenditure) btfor¢ transfers
{4,327)
(761)
(5,088)
(6,286)
TrAnsfer5 behveen funds
1,796
(1,796)
Net movement in funds
(2,531)
(2,557)
(5,088)
{6,286)
Reconciliation of funds:
Total funds brought fonyard
S,667
41,076
46,743
53,029
Total funds carried fonvArd
3.136
-18.519
41.655
46,743
The statemcnl of financial activities includes all gains and losses recognised in the period.
All income and expenditure derives from continuing activities.
Th¢ notes QD pages 10 to 15 fomi part of these accounls.

CONNECT MINISTRIES
ST
STATEIIIEIYT OF FINANCIAL POSITION I BALAP4CE SHEET AS AT 31 AUGUST 2024
{Corvpany registration number.. N1033172)
'ote
2024
2023
Fixed assets
Tangible fLxed assets
?2,604
22,604
18,019
18.019
Current assets
Debtors
Cash at bank- general account
Cash at bank- other ministry accounts
io
25JOO
2,214
6,624
34,lJ8
25,300
1,444
13,870
40,614
Creditors: amounts due within one year
li
{15,087}
(11,890)
et current assets
19,051
28,724
Total nct #ysets
12
46,743
Unrestrlcted funds
General funds
TotAI unrestrleted funds
13
3.136
3,136
5,667
5.667
Restriettd funds
13
38,S19
41,076
Total charlty funds
41,655
46,743
The financial statcments have been Pr￿ared in accordance with thc provisions Mpplicable to companie5 subject to thc
small companies, regirne under The Companies Act 2006 and with Charities SORP_FRS 102.
The notes on pages 10 to 15 are an integral part of these financial slatcments.
th
The financial statements on pages 7 to 15 were approved by the Board of Trustees on 6 May 2025 and signed on its
bchalf by:
Mr Robert Kingston
Tn￿te¢
ey Wrigbl
Trustee
The notes on pages 10 to 15 forni part of these accounts.

CONNECT MINISTRIES
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2024
2024
2023
Cash floTrv from operating activities
Net outsoins rcsources
Depreciation
Increase in debiors
Increase in cr¢ditors
Trlet cash infloivl{outtlow) from operating #¢tlvltles
(i,088)
3,415
(6,287)
4,610
(25.300)
3,045
(23,932)
3,197
1,524
Returns on investments and $ervl¢kng of finance
Interest received
Capital expenditure and financial iftvestment
Purciwe of tangibl¢ fixed assets
{8,000)
{8.000)
Iyet decrease in cash for the year
16,476)
(23,931)
Cash and cash equivalents at the beginning of the year
15,314
39,245
Cash and cash equlvalent at the cnd ofthe year
8,838
15,314
The notes on pag￿ 10 to 15 form pa￿. of these a¢COUDts.

CONNECT MINISTRIES
ST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
l. Company informatlon
The Comparny is limited by guarantee and is illCOTporaied in Northern Ireland. The address of the regislered otTice is
CIO Green Pastures, The People's Church, l Faith Avenue. The Gateway, Ballymena. Co Antrim BT42 3FF'. The
financial statements were auihorised for issue by the Board ott 6 Nlay 2025.
2. Aeeounting policies
The principal accountinE policies adopted, judgemen15 and key sources of estimation uncertainty in the prepllration
of the financial statem¢nts are as follows:
Basls of preparation
The financial statements have been prcparcd on a ¥oin¥ wllc¢rn basis in accordanc¢ with Accounting and Reporting
by Charities: St21emenl of Recommended Prdctice applicable io chariiies preparing their accounts iii accordance with
the Financial Reporting Standard applicable in the UK and Rcpublic of I￿lalld IFRS 1021 _ {Charitics SORP (FRS
102)), the Financial Reporting Starbdard #pplicable in ihe Uk and Republic of Ireland IFRS I O?) and the Companies
Aci 2006. The accounts are prcparcd ITh 51erling. which is the fiJn¢uonal Gurr¢ncy of the charity.
The Company meets the definition of a public benefit entiry under FRS 102. Asseis and liabilities are initially
recognised at historical rost and transaction value unless otherwise staled in the ielevant accounting policy notc(s).
Preparation ofaccounts on a going concern basis
The Company generally meets ils day lo day working capital r￿uIrementS from its annual incon)e. The T￿steeS have
obtained and reviewed cash flow forec&5ts for the coming ycar and based on these are satisfied that th¢ Company has
r¢sour¢es io provide a reasonable expecthiion ihal it can continue to meet its finJnciaI obligations as they fall due for
the foreseeable future. These fmancial statements have therefore been prepared on a going concern basis.
Incoming resourees
Donations received comprises 911 c2sh reLeivable for the ttccounting period. iiicluding Any related tax recoverable
under Gift Aid. Income is rccognised when the Charity has established an enliilemcnl to Ihc income. For donalions
this is typically upon receipt. Gift aid income is acctued in."espect of charitable donations already receipied.
Rtsourees expended
ResouTces expended are recognised in the p¢riod in which they are incurred.
Charitable ¢xp¢nditure compris¢s Ibos¢ ¢05ts inawrcd by the charity in the d¢livery of its acuvities and serviccs to
its beneficiaries. li includes both costs that can be allocated directly to sucb activities and those costs of an indirect
nature necessary to support them.
Short-term debtors and creditors
Debiors and ¢redilors with no stated intcrcst ratc and rcceivablc or payablc within one year are recorded at transaction
price. Financial assets, including debtors, are reviewed at the reporting dale lo delern]ine if there is any evidence of
potential impainnent. Any losses arising from impairnient are r¢co£nis¢d in the income statement in operating
expense5.
ID

CONNECT MINISTRIES
li
NOTES TO THE FINAP4CIAL STATEMENTS (continued)
Accounting policles (continued)
Tangible asstts
The tsngible assets of the chariry comprise of plant and equipment and motor vehicles.
Equipment is depreciated at a rate calculated to rcduce it to Tesidual valu¢ at the end of its expwted norn)al bfc on
straight-linc b&sis at rates of 10 /(* OT 200/0 per annum. Motor vehicles ate depreciated at a rate calculaled to reduce
them to residual value at the end of tbeir expected nornial life on a straight-line basis at a rate of 2(Y/o per annum.
The ass¢ts' residual values and u5cful lives are reviewed. and adjusied. if appropriate. al the end of each reporting
period. The effect of any change is accounted for pr05pectively.
Tangible asgcts are derecogni5cd on disposal or whLD no future economic bcncfits are expected. On disposal, thc
difference between the new disposal proceeds and the Carrying amounr is Tecognised in the ststement of financial
activities and in¢luded in "charitable Actsvity expenditure"
Cash and cash equiv¥lents
Cash and cash cquivalents iu¢lud¢ cash in hand and cash at baTAks.
Financial instrumenls
The Company only has financial assets And financial liabilities of a kind thal qualify as b&sic financial instruments.
Basic f￿anCIal instruments ar¢ initially recogDised al transaction price and sub5equ¢ntly measured at their settlement
valu¢.
Funds
Funds are classified as either unreslrict¢d funds or restricted ￿nds, defined as follows.
Unrestricted funds are expendable al the discreiion of tlie trusiecs in furtherance of the objects of Ilie charity. If parts
of the unrcslricted fvnds are ¢atThllrked al the dis¢rction of the trLlStees for a particular purpose. IhLy are desi8nat¢d
as & separate fund. This designation bas an admini5traiii'e purpose only and does not legally restrict th¢ trusiees,
discretion to apply the fund.
Restricted ￿ndS aTe funds subject io sp¢¢ifir rcquirements as io their us¢ which may be declared by th¢ doiioI or with
thcir authority or created through legal proccsses, but still within the wider objects of the Charity.
Pensions
The Charity operates a defined contribution scheme for all staff. Employer contributions are charged through the
incomL and expenditure account when in¢urred.
3. Critical Accounting judgemeDt5 and estimation unctrtalnty
Estimatcs and judgm¢nts made in thc process of preparing the financial slat¢meDts are continually evaluated and are
bascd on historical experience and oiher factors, including expectations of future events thal are believed to be
reasonable under the ¢i￿￿m$1ance5. The Trustccs do not consider that there are any critical judgments made in
applying the Company's accountt'ng policies or thal ihere are any crilic81 accounting estimates or assumption5 wbich
may have a significant risk of ¢ausing a material adjusthient to ¢unying amounts of assets alld liabilities within tbe
next fmancial yeaT.
li

COIYNECT ￿￿[NISTRIEs
li
NOTES TO THE FINANCIAL STATEMENTS (eontiNHed)
4. Income resources
Unrestricted
Fllnds
R¢stricted
Funds
2024
Total
Total
2024
2024
2023
Donations recelved
From as8oeiated charities
From individiials and CO￿￿rate bodics
45.789
10,744
565JJ
7.812
48,168
55,980
53,601
58,912
112,513
38,419
54,333
92,752
ChRrit8ble aetivl¢ies
Grant income
3.000
3,000
9,000
Investment income
Bank interest received
Total income
56,533
58,980
115,513
101.753
5. Resource5 expended
Vnrestrlcted
Funds
Restricted
Funds
To¢al
Total
2024
2024
2024
2023
Charitable activitie$
Charitable donations
Activity Costs
356
356
35,000
35,356
1,170
29,055
30,225
2,042
2,042
32,958
33J14
Support costs
Wages and salaries
Propcrty costs
Administrntion costs
Depreciation and profiLlloss on disposal
Other ¢xpenses
55,332
20,238
499
75,570
499
60.584
1,170
3,037
4,610
5,013
74,414
852
Jjii
1.527
26,427
852
104
3,415
2,209
82.545
682
56,118
Covernance costs
Legal and professional fee5
2,700
2,700
3,400
60.860
59,741
120,601
108,039
12

CONNECT MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (conftnmed)
6. Transfers between funds
Unrestriclcd fi￿aS are spcnt or applicd at the discTetion of th¢ 1n￿leeS lo further any of thc charity's PUTposes.
Unr¢stricied funds can be used to supplement ¢xp¢nditure D￿je from restricied funds.
7. Taxati￿￿
Connect Ministries is recognised as J chariry for the pU￿￿5¢S of applicable laxation Icgislation and is ther¢foT¢ not
subject to taxation on its charitable activities.
8. Analysis of stAff ¢osts, trustee remuneration and e%pense5, the cost of key management personnel
2024
2023
Salaries and wages
National insurance cosls
Employer pension contributions
68,403
5,676
1,491
75,570
55,041
4,407
I,l36
60,584
The average number of employ¢es during the period wa$ 3 {2023.. 3)
No employees are in receipt of employee benefits in excess of £60,01)O. No tNstee or a persoll related to a Irust¢e had
any personal interest in any contracl or transaction entered inlo by the ¢harily during the pcriod. Tlieie was no
r¢muTheration paid lo Trnstee5 in ihc year ended 31 August 2024. No expenses w¢re incurred in respect of Trustcrs.
9. Tanglble fixed as5etJ
Motor
Vehicley
Equipment
Total
Cost
At 1$1 September 2023
Additions
At 31. August 2024
61,719
12,750
8,000
74,469
8,000
82,469
61.719
D¢pr¢¢iation
At I" S¢pl¢M￿r 2023
Depreciation
At 31" August 2024
49.875
1.890
51,765
6.575
1,525
8.100
56,450
3,415
59,865
Net bothk value at 315t August 2024
Nei book value at 31S1 August 2023
9954
11,844
12,650
6,175
22,604
18,019
13

CONNECT MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (conlinuedj
10. Deb¢or5
2024
2023
Loan to associated chariry, Compassion Ministries
Grants receivable
22,300
3,000
25,300
22,300
3.000
25,300
The loan to Compassion MiThistrie5 is UDsecurcd, non-lnterest bearing alld is repayable on dcrnalld.
11. Creditors: amounts due within one year
2024
2023
Other creditors and accjuals
15,087
15.087
11,890
11.890
12. An91y$ls of total net assets
Unrestrlcted
General
Reslricted
Totwl
Fixed assels
209
22,395
16.124
-18,519
22.604
19.051
41,655
Net Cu￿ent &ss¢ts
Total net assets at 31. August 2024
2.927
3,136
13. Funds olthe Company
At 1st
September
2023
At31st
August 2024
IDcome
Expenditure
Trxnsfers
Restrlctcd funds
41,076
41,076
58,980
58,980
(59,741)
(59,741)
11,796)
(1,796)
38,519
38,519
Unrestricted fund5
General fijnd
5.667
5.667
56.533
56.533
(60.960)
(60.860)
1,796
1.796
3,136
3,136
Totgl funds
46.743
115,513
(120,601)
41,655
ose of restricted funds
These funds are to be used towards the support of the ckLaritable work of the individual miiiistrÈes within the charity.
14

CONNECT MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (conftnued)
14. Re12ted party trADsactions
2024
2023
Included in incoming r¢sources are the following:
Donation from asso¢iated charity, Grccn Pasturc5, The Pcoplc'5 Church
Donation frotn associat¢d ¢harify, Compasslon Ministries
17,019
36,582
38,419
Included In resourccs txpended are the following:
Donaiiotj to assoctal¢d charity, Compassion Ministries
Included in current #$sets are the following:
Loan lo assoLialed charity, Compassion Ministries
356
1,170
22,300
22,300
All of the abovc companies are related by virtye of conunon conitoE. No pa)Tnents were made io any of the Trustee5
diiring the y¢xr.
15. Capital And financial commitments
The company had no capital or financial commilments at th¢ balance sheet dat¢ (2023.. £Nil).
16. Controlling Party
During the year Connect Ministrie5 was und¢r th¢ conuol of the Trusttts (who are also the directots).
15