CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1 March 2021 To 28 February 2022 Charity name: Impact Network Charity registration number: 1072762 Objectives and Activities Summary of the purposes of the charity as set out in its goveming document P8ra1 17 The objects of the Trust as stated in its Trust Deed dated September 1998 are.. 1) To advance the Chnstian religion to pyoclaim and further the Gospel of God and His Son the Lord Jesus Chnst and to preach and teach the Christian Faith. 2) To relieve sickness povety and distress and persons in need by virtue of age social or economic ¢ircumslances in particular but wrthout prejudice to the generality of the foregoing by the provision of a¢¢ommodation or shelter. 31 To advance education whether of chiklren (above or below compulsory school age) or of adums. 4) For such other chariiabl8 purpose8 as the trustees shall think Summary of the main activities in relation to those purposes for the public benefit. in particular, the activities. projects or services identified in the accounts. P•M 1.17•nd 1.19 The main adivFties during the year were as follows.. 1) Support and assistance to church planting groups Y￿￿dwide, mainly wrth House Church planting movements. through the use of a consultant (6Xthemployee) to visrt. liaise wtth, teach, train and mentor the leaders of these groups. The consultant also provides teaching and training to help Christians apply their fath in the workpla￿. 2) Support to a couple who are working in Burundi supporting tsvo local Christian organisations whose i actions include setting up agncultural cooperatives. constructing secure bnck homes to replace leaky mud huts. discipleship groups, bible distribution. vocational training, teaching literacy, numeracy, microfinan￿. healthcare support and I faming skills and helping inrtiate miGroenterprises. Providing financial support to individuals, groups or ¢hur¢hes in need or distress. Statement confiming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit 1.18 The Trustees have had ￿gard to the guidance on public benefit and the a¢tivitie$ reported on are all for th8 ben8fi1 of th8 publi¢ in the areas the charily is operating. Addltlonal Informatlon (optlonal You may choose to include further statements vthere relevant about.. SORP rnf•r•nc• Policy on grant making P4ro 1.38 Impact Ne￿Ork does not make grants lo I the general public or organisations through an application process. Any grant made 18 i as a result of a request from our consultant or supporters who know of a specific need in one of the house churches or organisations they are in contact with. Achievements and Perfomiance Summary of the main achievements of the charty, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to socAety as a whole. Para 1.20 The continuing travel restrictions during the j global pandemic curtailed travel abroad until February 2022. when our consultant was able to visrt South Africa again. Until this time a great deal of training and interaction happened by Zoom both at hom8 and abroad. IMen UK travel was permitted again in 2021. it was fruitful. H8 continued to give input into faith communities in England and North8m Ireland and deliv8r training and mentoring to individuals. One team from overseas was able lo make visit to th8 UK. Zoom was used for other | teams. and he kept in touch with contacts in 8 other countries. Our consultant also spoke to a conference in Johannesburg via Zoom. The couple we support in Burundi moved there in April 2021 and time, finances and support has been given to local Ghurch leaders and three partner organisations (New Generation. Igniting Communities for Jesus & Bravo Ministries), all for the furtherance oflhe Gospel of Jesus Christ and building God's kingdom across Burundi. The primary focus of the work is discipleship and developing lasting improvements in the lives of the clients of the organisations. The target groups of the partner organisations are the rural poor, street connected children, young people, and church leaders. Ongoing activities have Included setting up agricultural cooperatives. skills training, healthrAre provision. paying school fees. building houses, bible distribution, pastor training. discipleship courses and outrèach ev8nts - all to break the cycles of poverty both physically and spintually. Some small grants were made from the Kenya fund for an operation on the son of one of the pastors we are in contact with and to help with living costs for a disabled student at university. A larger grant was made for the first year university fees of i orphans vtho were being brought up by another of the pastors. Two day conferen￿5 were organised for | Ladies in the UK by our consultant and income and expenditure are in the Steadfast restricted fund. Financial Review Review of the charity's financial position at the end of the perichj Pw• 1.21 l The Statement of Financial Activities shows a net infiow of unrestncted funds of £2,564 results'ng in a surplus on the unrestricted funds at 28 February 2022 of £2,564. Statement explaining the policy for holding reserves stating th8y are held P¥r• 1 22 Impact Network has a fomial reserves policy It is based on the following context.. The income for the Trust is consistent. That is, the income is all from individual or local church donations and the majority is by direct debit or standing order. In the past additional donations have aiways been made for additional or exceptional spectfic objectives if an ap￿al is made to churches. Costs can be controlled, as they are associated wrth the mission activities of the Trust and can be substantially reduced or curtailed by reducing those activities. Additional work or commrtments are not undertaken unless the financial support for them has been identified and pledged or implemented. The policy states thal.. Given th8 above context the seprfes should be kept to a minimum and al no lime exceed approximately one month's current expenditure. If the reserves do start lo exceed that amount then additional opportunities for mission or of helping those in need at home or abroad should be found. The only ex￿ptIOn to this policy is rf a donation is made on an annual basis to cover particular costs throughout the year In this case the annual sum can be relained and used as r8quired over the year. Amount of reserves held Reasons for holding zero reserves Details of fund materially In deficit Explanation of any uncertainties about the charrty continuing as oin9 concem Pora 1.22 See Statement on Policy above. Para 1.24 None Pora 1.23 None Additional infonnatlon (optional) You may choose to include further statements where relevant about.. The Charity's pnncipai Para 1 47 All income to the Trust, except for specific sources of funds {induding conference fees or minor book sales, any fundraising) comes from individual or local church donations and the tax recovered on them from the Government. Impact Network doès not invest any funds. Investment policy and objectives including any social investment policy adopted Parn146 A description of the principal risks facing the charity P•r• 146 The main risk to the charity continuing to operate is a reduction in income if donors cannot afford to give as much as they have in the past. However any expenditure is I discretionary and can be matched to income. None. Other Structure, Governance and Management De8¢ripts'on of chanty's trusts.. Type of governing documen Pw• 1.25 Trust Deed. Impact Network was established in 1998 under a trust deed. Thi$ trust does not own any property or buildin Unincorporated Charty. How is Ihe charity onstituted? Trustee selection methojs including details of any conslitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Pwa 1.25 Trustees are appointed by the existing Trustees. The trust deed provides for minimum of three and no maximum number of trustees. The current three Trustees have setved Reference and Administrative details Charity name Other name the charity uses Registered charity number Charity's principal address Impact Nétwork None 1072762 31-33 Bridge Street Andover SP10 1BE Nam88 of tho charlty trustees who manage the charlty Tru8ts• nam• Offl¢• {If •nyl Dat•• act•d If not for whol• y•ar N•m* of ptrrnon lor l>oty •ntItl￿ to #ppolnt tru$t•• Ifan Christopher Green Alan Evans Chaimian Secretsry Mark Donoghue Corporate trustees - names of the directors at the date the report was approved Not Applicable. Name of tru81ees holding title lo property belonging to the chanty Not Applicable. Funds held as custodian trustees on behalf of others Not Applicable Exemptions from dosclosure Reason for non-dis¢losure of key personnel details Other optlonal information Declarations The trustees declare that they have approved the trustees, report above. Slgnèd on behalf of the charlty's trustees Signaturels) /Jt in accordar￿ wilh the General direc*an8 given by the Charity Commission. An examination indudes a review of the a(rountino [￿OrdS kept by the charty and a comparison of the ￿coUnts presented with those re￿rds. It also indudes consideration of any unusual rtems or dis¢Eosures in the a¢xounts and seeking explanations from you as trustees 0)n￿MIng any Such matters. The pr￿￿ureS urthrtaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether th8 accounts present 8 Irue and fair vtff* arKI the report 18 limrted to those matters set out in the s&￿e￿￿nts bel(M. Independent examinerfs statement In connection wilh my examination, no matter has come to my attention: 1) which gives me reasonable cause to ￿110¥8 that, in any material resptha. the requirements to keep a￿ntIng records in a(J>xdance with Sec*"on 130 d the 2011 Act; and to prepare ac￿)unt8 which ￿0)rd with the actounting reLX)rds and to comply with the accounting requirnments d the 2011 Ad have not been met: or 2) to which. in my opinion, attention sf#)uld be dr￿n In order to enable a proper understsrKling of the accounts lo be r￿￿d. Jeremy Mason ACMA Date: 16th December 2022 ACCOUNTING POLICIES Accounting convenllon The financial statements have been prepared on the receipts and payments basis Incomlng Resources and Expended Resources All incoming and expended r8source8 are included in the receipts and payments submission. Taxatlon The charity is exempt from tax on its charitable activrties. Fund accountlng Unrestricled funds can be used in accordance with the Charitable obje¢tives at the discretion of the trustees. Restricted funds can only be used for particular restricled purposes wrthin Ihe objects of the charily Restrictions arise when spe¢rfied by the donor or when funds are raised for particular restricted purposes. The restrided funds are as follows.. Burundi - To 8UPPOrt the couple who are working in Burundi supporting two local Christian organisations. Kenya - To provide grants and support to the pastors and churches established in Kenya and Uganda by a couple 8UPPOrted by Impact who have now moved back to the UK. St8adfa81- To organise conferences for Ladies to help them in developing their Christian faith and outreach. CHARITY COMMISSION FOR ENGLAND AND WAlfS Recei and ments accounts CC16a Forth• pewlod Irom To 01-k4ar-21 2&F•b22 Section A Receipts and payments Unrestrlcted IubKI• Re5trlcled Endowment nds T¢A•I fund• sl y•ar toth• D••r•slt A1 Rec Irthmè ARJ 11.711 Tol•lrnc&lpt• J•,711 nthtUTQ )1 Sub tol•l A4 Ass•t Ind Inv•stm•Tht Sub J.292 31.00• N•t olr•c•lptrfpaymwts) AS Transf•rs betrmen funds Al cash lunds kn%t y•ar •nd Cash funds thls y••r•nd 2.291 2,121 73 1,$ 6,Mg ¢XXX R1 •crourts ISSI 1511212022 Section B Statement of assets and liabilities at the end of the period Unrestrkted Res¢fkted nd$ lunds Endowment lunds Catepoiies 81 Cash fund$ rur 1.784 320 Total￿$￿ lund8 3.606 UnRstrkted fvnds funds M*r•*t¢ t•**A¢h ¢urr•nt ¥*lu• Curi•TrtvDIu• B4 Assets ret•ln•d for th• charbty's ¢)wn u$• FU￿ AMoU￿1¢j YlTh•n dw• 85 LIabIll￿ s￿n•d ty ¢n• ty tr*) tru414xc b•hlTrf•l Ih•inJ¥¢ Date of LA CCXX R2 ￿t￿jrt¥ ISS 15I1212tr22