2024-08-31-accounts - The Business Connection

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

APPENDIX 1 OSC r

Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period	Trustees’ Annual Report for the period
	Period start date				Period end date
	Day	Month	Year		Day	Month	Year
From	01	SEP	2023	To	31	AUG	2024

Office of the Scottish Charity Regulator

Reference and administration details

Charity name THE BUSINESS CONNECTION Other names charity is known by Registered charity number SC045163 Charity’s principal address

Names of the charity trustees on date of approval of Trustees’ Annual Report

	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to stee (if any)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name	Name	Dates acted if not for whole year	Dates acted if not for whole year





Structure, governance and management


Type of governing document Trustee recruitment and appointment
	CONSTITUTION
	Any person nominated individual or body who/which wishes to become a Charity Trustee must sign a written application for Charity Trusteeship; and for a corporate body, that application must be signed by an appropriately authorised officer of that body who will remain as the representative of that corporate body until such time as the corporate body informs the Board otherwise. The application will then be considered by the Board at its next Board Meeting.

Objectives and activities
Charitable purposes Summary of the main activities in relation to these objects
	The advancement of the Christian Faith and the relief of need among the business community in Scotland and in furtherance of this by; - The provision of pastoral care to businesspeople in Scotland; and - The provision of supportive interventions to relieve the needs of businesspeople adversely affected by stressful working conditions.
	To provide opportunities for people of faith, or no faith, via regular events such as breakfast meetings, lunchtime talks and evening functions, to promote the Christian faith and offer help, discussion and support to individuals and businesses. Following our events several requests have been made to meet with a person on an individual basis for further support or signposting to relevant 3rd party support.

APPENDIX 1 Achievements and performance

Summary of the main achievements of
the charity during the financial period

Summary of the main achievements:
2023/24
The time period 2023/24 saw the continuation of face to face meetings in
2 locations, Aberdeen and Dundee and the arrival of one additional
members to the Trustee Board,
The period saw a focus on business breakfasts with topical discussions in
line with the charity aim of providing opportunities for people of faith, or no
faith, via regular events such as breakfast meetings, lunchtime talks and
evening functions, to promote the Christian faith and offer help, discussion
and support to individuals and businesses.mDuring the period the in-
person breakfasts in Dundee and Aberdeen have grown slowly over the
year.

Financial review

Brief statement of the charity’s policy on reserves Details of any deficit Donated facilities and services (if any)	The charity aims to maintain a minimum of 3 months working capital at any point

	No charge is made by any trustee for the provision of the services or the running of the charity

APPENDIX 1 Other optional information

Declaration

The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s) Position (e.g. Chair) Finance Director Date 30[th] May 2025

Enter SC No. below

Enter charity name below

APPENDIX 2

SC045163

The Business Connection

Recei ts and a ments accounts p p y

					Period start date	Period start date	Period start date	Period start date					Period end date	Period end date	Period end date	Period end date	Period end date
		For the period from	01 Day		SEP Month			2023 Year		to	Day 31		Month AUG					Year 2024
Section A Statement of receipts and payments
		Unrestricted funds	Restricted funds			Expendable endowment funds					Permanent endowment funds			endowment	Total funds current period					Total funds last period
		to nearest £	to nearest £			to nearest £					to nearest £				to nearest £					to nearest £
A1 Receipts
Donations		888													888	888	888	888	888	1,164
Legacies															-	-	-	-	-
Grants															-	-	-	-	-	10,000
Receipts from fundraisingactivities															-	-	-	-	-
Gross tradingreceipts															-	-	-	-	-
Income from investments other than
land and buildings															-	-	-	-	-
Rents from land & buildings															-	-	-	-	-
Gross receipts from other charitable
activities															-	-	-	-	-
															-	-	-	-	-
*A1 Sub total*	*A1 Sub total*	888	-	-	-	-	-	-	-		-	-	-	-	888	888	888	888	888	11,164
A2 Receipts from asset & investment
sales
Proceeds from sale of fixed assets - Proceeds from sale of investments - A2 Sub total - - - - - - Total receipts 888 - - - 888 11,164 ~~—=——~~
A3 Payments
Expenses for fundraising activities															-	-	-	-	-
Gross trading payments															-	-	-	-	-
Investment management costs															-	-	-	-	-
Payments relating directly to charitable
activities		3,568													3	3	3	3,568	568	1,044
Grants and donations
															-	-	-	-	-
Governance costs:
															-	-	-	-	-
Audit / independent examination															-	-	-	-	-
Preparation of annual accounts															-	-	-	-	-
Legal costs															-	-	-	-	-
Other	Other	Other
															-	-	-	-	-
															-	-	-	-	-
**A3 Sub total **		3,568	-	-	-	-	-	-	-		-	-	-	-	3,568	3,568	3,568	3,568	3,568	1,044
A4 Payments relating to asset and
investment movements Purchases of fixed assets - Purchase of investments - A4 Sub total - - - - - - Total payments 3,568 - - - 3,568 1,044 ~~———————~~
*Net receipts / (payments)* A5 Transfers to / (from) funds *Surplus / (deficit) for year*	2,680) ( - - 2,680) ( - - ~~———~~												- -					2,680) ( - 2,680) (		10,120 10,120

APPENDIX 2

The Business Connection

SC045163

Section B Statement of balances

Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £	Total last period to nearest £
12,418				12,418	15,175
2,680) (				2,680) (	10,120
				-
				-
9,738	-	-	-	9,738	15,175
				- Market valuation to nearest £ - Current value (if available) to nearest £ - Amount due to nearest £ - Amount due (estimate) to nearest £ -	- 0
					Last year to nearest £





					-
					Last year to nearest £









					-
					Last year to nearest £





					-
					Last year to nearest £



					-
					Date of approval

APPENDIX 2

The Business Connection

SC045163

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

General fund for the running of the charity and furtherance of the charitable objectives.

Type of activity or project supported None Recruitment of Personnel	Type of activity or project supported None Recruitment of Personnel	Number of grants made	£

			10,000



		Total	10,000

If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b)			x
Authority under which paid			£






If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b)			x
	Nature of transaction	Number of trustees	£





Nature of relationship		Transaction amount (£)	Balance outstanding at period end(£)
			0

APPENDIX 2

The Business Connection

SC045163

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations
General Donations Total 2 Grants	Unrestricted funds to nearest £ 938	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £ 938 - - -	Total last period to nearest £
	938				938	1,164
					-
					-
					-
	938	-	-	-	938	1,164
	reference Unrestricted funds to nearest £	- Restricted funds to nearest £	-	-	reference Total current period to nearest £	- Total last period to nearest £
None	-				-	10,000
	-				-	-

					-
Total	-	-			-	10,000
	- -	-			-	-

3 Gross receipts from other charitable activities

	Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £	Total last period to nearest £
					-
					-
					-
					-
					-
					-
					-
					-
Total	-	-	-	-	-	-
	-	-	-	-	-	-

4 Payments relating directly to charitable activities

	Unrestricted funds to nearest £	Restricted funds to nearest £	Expendable endowment funds to nearest £	Permanent endowment funds to nearest £	Total current period to nearest £	Total last period to nearest £
					-
					-
					-
					-
					-
					-
					-
					-
					-
					-
					-
Total	-	-	-	-	-	-
	reference error	-	-	-	reference error	reference error

APPENDIX 2

SC045163

Additional analysis (2)

5 Breakdown of unrestricted funds

Receipts Donations Legacies Grants Receipts from fundraisingactivities Gross tradingreceipts buildings Rents from land & buildings Gross receipts from other charitable activities *Sub total* Receipts from asset & investment sales	Unrestricted fund 1 - enter name of fund below	Unrestricted fund 2 - enter name of fund below	Unrestricted fund 3 - enter name of fund below	Unrestricted fund 4 - enter name of fund below	Total unrestricted funds	Total unrestricted funds last period
	938				938	1,164
					-
					-	10,000
					-
					-
					-
					-
					-
	938	-	-	-	938	11,164

Proceeds from sale of fixed assets					-
Proceeds from sale of investments					-
*Sub total* *Total receipts* Payments Expenses for fundraising activities Gross trading payments Investment management costs Payments relating directly to charitable activities Grants and donations Governance costs: Audit / independent examination Preparation of annual accounts Legal costs *Sub total* Payments relating to asset and investment movements	-	-	-	-	-	-

	938	-	-	-	938	11,164
					cross ref error
					-
					-
					-
	3,568				3,568	1,044
					-
					-
					-
					-
					-
					-
					-
	3,568	-	-	-	3,568	1,044
					- - -
Purchases of fixed assets					-
Purchase of investments					-
*Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year*	-	-	-	-	-	-
					-
	3,568	-	-	-	3,568	1,044
					-
	2,630) (	-	-	-	2,630) (	10,120

					-

	2,630) (	-	-	-	2,630) (	10,120
					cross ref error
Nature andpurpose of funds

APPENDIX 2

The Business Connection

SC045163

Additional analysis (3)

6 Breakdown of restricted funds

Receipts Donations Legacies Grants Receipts from fundraisingactivities Gross tradingreceipts Income from investments other than land and buildings Rents from land & buildings Gross receipts from other charitable activities *Sub total* Receipts from asset & investment sales Proceeds from sale of fixed assets Proceeds from sale of investments *Sub total* *Total receipts* Payments	Restricted fund 1 - enter name of fund below	Restricted fund 2 - enter name of fund below	Restricted fund 3 - enter name of fund below	Restricted fund 4 - enter name of fund below	Total restricted funds - - - - - - - -	Total restricted funds last period
					-
					-
					-
					-
					-
					-
					-
					-
	-	-	-	-	-	-
					- - -
					-
					-
	-	-	-	-	-	-
	-	-	-	-	-	-
					-
Expenses for fundraising activities					-
Gross trading payments					-
Investment management costs					-
Payments relating directly to charitable activities					-
Grants and donations					-
Governance costs:					-
Audit / independent examination					-
Preparation of annual accounts					-
Legal costs					-
					-
					-
*Sub total* Payments relating to asset and investment movements	-	-	-	-	-	-
					-
Purchases of fixed assets					-
Purchase of investments					-
*Sub total* *Total payments* *Net receipts / (payments)* Transfers to / (from) funds *Surplus / (deficit) for year*	-	-	-	-	-	-
					-
	-	-	-	-	-	-
					-
	-	-	-	-	-	-

					-

	-	-	-	-	-	-
					-
Nature andpurpose of funds

gbdhn2APPENDIX 3 Sc(*iisli Charily Repiilalur Independent examiner's report on the accounts Report to the Charfty name trusteeslmembers of The Buslness Connoctlon Registared charity number SC045163 On the accounts of the Period start dale charity for the perlod Month Period end dale Month Yaar Day Year to 01 09 2023 31 08 2024 Set out on page3 IremBrnber lo lrtclude the num15 01gdd1¢4onpl ¥he•is1 Ckne lo SIX Respectlve The Gharily's Iruslees are responsible for th¢ preparation of the aecounls in accordance rosponslbllltles of with the terms of the Charllles and Trustee Investment (Scollandl 2005 Act and th8 trustges and examlner Charities Accounts IScolland} Regulation5 2006 (as amended). The charity Irusl885 consider that the auéll requirement of Rogulalion 10111 Idl of the A¢Gounls Regulations does not apply. 11 Is my responsibility lo examine the accounts as requlred under section 4411 } Ic) of the Act and lo slate whether particular mallers have come lo my allenllon. 8asls of Independent My examination18 ¢8rried out in accordance with R8gulallon 11 of the 2006 Accounts oxaminer's statement Regulations. An examinallon Includes a review of the accounting records kept by the ch8rlly and a comparison of the accounts presented wllh those records. 11 also In¢ludes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerr)Ing any such mallers. The procedures Lrnderlaken do not provide all Ihe evldence that would be requlred in an audit and, consequently. I do not express an audit opinlon on the view glven by the accounts. Independent examlngr's In the course of my examlnallon, no maller has come lo my allenlion lolher than that statement dlsclosed on the allached page'l whlch gives me reasonabl8 cause lo belleve that In any malerlal respect the requirements.. lo keep accounllng records In accordance with secllon 44{11 la) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and lo prepare accounts whlch accord with the a¢¢ounling records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion. attention should be drawn in order to enable a proper underslaiidiii of 11)e accounts lo bo reached. Signed: ate.. Name: Rèlevant professional qualification(sl or body (if any): Address: "Please delete the wo¥Os in Ihe bra¢kels il they do not apply. 11 ihe ¥voids do apply, s61 oul those rnatter5 wNch have come to your8ttenllon on the folln9 page.

APPENDIX 3 .,Disclosure' secti<)n'.... Only complete If the examiner needs to highllght matedal problems. Glve here brief details of any Items that the examiner wishes to disclose J)A