COMPASSION M[NIsTRs REPORT OF THE DIRECTORS (INCORPORATING TRUSTEES, REPORT) The Directors (who are also the trwtees) are ple&sed to present their annL1 report together with the financial statements of the charity for the year ended J I si Augusi 2023. which are prepared to meet the requiTements for a directors 'report and accounts for Companies Act PUryNises. The directors have adopted the provisions of the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Stsndard applicable in ihe UK and Republic of Ireland (Charities SORP - FRSI 02), in preparing the annual report and financial sthtements of the Charity. Achievements and perfornignce The vision of Cotnpassion Ministries is 'to see tnany people walk on a journey of discipleship &s they discover their potcntial in God. We provide support to those most in need by signposting to relevant support services, provision of voluntary opportunities and providing a connection to the wider sUPPOrt of the local church. During the last 12 months we have focused on upskilling existing volunteers and staff io support and strengthen the future projecl plan5 of Compassion ministries. E.¥amplcs include link'ing in with Mercy Ministries io understand the most suitable programme5 to adopt wilhin the local church environment. Providing specialist coaching to those from PBNI via Compassion Compass Coaching. Continuing to support those with addiccions gei specialist care whilst also maintaining a safe home environment to return back to following completion of programmes. Compassion ministries has also nded resouNing costs of Connect Ministries to ensure the level of community care and discipleship is available lo mee( the need. All of this contributes to making a huge difference in the lives of many individuals. helping them break free from addiction, hopelessness and hannful life patterns to find new direction and purpose. We continue to work closely with "Connect Ministries" and "Green Pastures. The People's Church" to deliver on the vTsion and mission of this charity we seek to support individuals on their journeys to hope and restoration. FinAncial review and funds policy During the year the Charity had toial income of £148,4?7 and total expenditure of £1 10,017 resulting in a net surp1$ of £38,410. The net surplus for the year as shown in the statement of financial activities on page 7 has been transferred to the company's funds and has resulted in an increase in lotal Charity funds from £1,304,539 to £1,342,949. Details of the financial POSLtion of the Charity at the year-end can be seen on page 8. Al the end of tbe year the Charity had £2,666 cash at bank. Tt is the aim of the Trustees. if possible, to maintain an unr¢strict¢d cash reserve equivalent to that of two months expenditure. The company plans to continue and expand its activities the forthcoming years. Objeetives Activities (and bow they deliver public benefjt) Purpose I Purpose: To advance the Christian faith in accordance with the Statement of Belief5 in such ways and in such parts of the United Kingdom or the world as the Trustees from time lo time may tbink fit. Open to all of the PLtblic in Northern Ireland. Access to public w0h1p Access lo religious publications including sacred texts and liternture Access to religious training and disciplesbip programrnes. Improved behaviour as a result of being involved iti a public act of worship and discipleship process. Beneficiaries.. How they benefit: How the benefits can be demonstrated..
COMPASSION MtNISTRIES REPORT OF THE DIRECTORS (continued) Objectives and Activities (and how they deliver public benefit) Purpose 2 Purpose.. To relieve sickness and financial hardship and to promote and preserve good health by the provision of fijnds, goods or SeiCe$ of any kind. including through the provisioD of counselling and support in such part5 of the United Kingdom or the world as the Ttee5 from time to time may think fit. Open to all of the public in Northern Ireland. Promole healthy eaiing and lifestyles. Access to menloring and support. Beneficiaries: How they benefit: How the benefits can be demonstrated: Improved healih and lifestyles support. Activitie5 The Charity's main activities are described within the achievements and performance section of the Directors. Report. Volunteers The Trustees wish to acknowledge their deep appreciation of thosc who give freely of their time by serving on committees and helping with organisations and other church activities. Reference and administrative details Registered charity name-. Compassion Ministries Chariry Commission registration number.. Ntci 02161 HMRC charity reference: XT18183 Company registration number: Principle offi¢¢ and register¢d olTice: N1603810 CIO Green Pastures, The People's Church l Faith Avenue The Gateway Ballymena County Antrim BT42 3FF Directors and Trustees of the Company The directors who held office during the year, and in the period since 3131 August 2023 to the date of these accounts were approved, were as follows.. Mr Robert Kingston (appointed 8 February 2023) Mrs Sara Stephens Mr Jefftey Wright
coivtPASSION MINISTRIES REPORT OF THE DIRECTORS (continued) Structure* governance and management The Company is a charity limited by guarantee without share capital which avails of the Limited" exemption. The company 15 goverJ]ed by its Merllorandum and Article5 of Association dated 19 July 2010. In the event of the Company being Wound up members are required to contribute an amount nol exceeding £1. The Board is responsible for the overall governance of the Company with ihe day-to-day management having been delegated by the Board to Tesponsible individuals. TrLLStees/Directors are appointed in line with the MeOrandU & Articles of Association of the company. The Board of Directors are also known as Trustees for the purposes of the Charity Commission. The Trusiees have had regard io the Charity Commission's Public Benefii requirement. Risk management The directors have ¢ondu¢led a review of the major risks lo H,hich ihe charity is exposed. Financial risk is reviewed on monthly basis having due regard to on80in8 income and expenses. Statement of directors, responsibilities The directors {who are the trustees of Compassion Ministries) are responsible for preparing the directors 'report and the financial slatemenis in accordance with applicable law and regulaiions. Company law requires the dArectors to prepare financial statements for each financial period. Underthat law the director5 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 &pprove the financial statements unless they are satisfied that they give a true 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 period. Tn preparing these financial slatemenls. the directors are required 10: select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP-FRSIO2; make judgements and accounting estimates that are reasonable and prudent. state whber applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financia] statement: 8nd prepare the financial statements on the goin8 concem basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and di5c105e with reasonable accuracy at any time the futhncial p051tion of the charitable ¢ompany and enable them to ensure that the financial statements Comply with the Companies Act 1006. They are also responsible for safeguarding the assets of the charitable company and hen¢e for taking reasonable steps for the prevention and detection of fraud and other irregularities. Funds held as custodian trustee on bebalf of otbers The cbarity does not hold any funds on behalf of others.
COMPASSION MINISTRIKS REPORT OF THE DIRECTORS (o)ntinued) SU]1 companies provision statement This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Aci 2006. Approved by the Board on 23 April 2024 and signed on its beha]f by: Mrs Sara Stephens Trustee