**Net Ministries United Kingdom Ltd Report and Financial Statements Year Ended 30 April 2025____________________** 

## **Report of the trustees for the year ended 30 April 2025** 

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, submit their annual report and the financial statements for the year ended 30 April 2025. 

The charity is a charitable company limited by guarantee. It is governed by a memorandum and articles of association. 

## **Reference and administration details** 

Company Number NI660547 Charity Number 107461 Principal Address 12 Queen Street Derry BT48 7EG Independent Examiner L Duffy & Co Chartered Accountants & Registered Auditors 12 Queen Street Derry BT48 7EG Bankers Bank of Ireland 

## Trustees and Directors 

The directors of the charitable company (the charity) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. 

The trustees serving during the year and since the year end were as follows 

Derry Connelly Anne Corcoran Bishop Donal McKeown Chair James Mikulisak 

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**Net Ministries United Kingdom Ltd Report and Financial Statements Year Ended 30 April 2025____________________** 

## **Structure, governance and management** 

## **Governing document** 

The charity is a company limited by guarantee governed by its Memorandum and Articles of Association dated 15 November 2019. 

## **Trustees** 

The Board of Trustees are elected at the AGM by the members present. All new trustees are given, in the view of the board, sufficient training and have enough knowledge of their specific field to understand the nature of the charity and fully comply with the charity’s current view of its progression. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

## **Objectives and activities** 

The main object of the charity is to 

- 1) advance the Roman Catholic religion in Ireland and the UK by developing and facilitating Catholic focused retreats to young people aged 10 to 30. 

Ministry began this year throughout Northern Ireland. 

The trustees have read the Commission’s Public Benefit requirement statutory guidance, and have had regard to this when running the charity 

## **Financial review** 

The charity had unrestricted reserves of £1,624 at 30 April 2025 (£6,614 at 30 April 2024). 

The charity does not have a policy on reserves as yet as all monies raised are used to fund the company. 

There are no funds held by the charity that are materially in deficit. 

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**Net Ministries United Kingdom Ltd Report and Financial Statements Year Ended 30 April 2025____________________** 

The trustees declare that they have approved the trustee’s report above 

Signed on behalf of the charity’s trustees on 30 December 2025 by 

## **Anne Corcoran** 

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