CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1 March 2022 To 28 February 2023 Charity name: Impact Network Charity registration number: 1072762 Objectives and Activities SORP r•fer•n Summary of the purposes of the charity as set out in ils goveming document Para 1 17 The objects of the Trust as slated in Ils Trust Deed dated September 1998 are.. 1) To advance the Christian religion to woclaim and further the Gospel of God and His Son the Lord Jesus Christ and to pr8ach and teach Ihe Christian Faith. 2) To relieve sickness poverty and distress and persons in need by virtue of age social or economic circumstances in particular but without prejudice lo the generality of the foregoing by the Provision of accommodation or shelter. 3) To advance education whether of children (above or below compulsory school age) or of adults. 4) For such other charitable purposes as the trustees shall think frt. Summary of the main activities in relalion lo those purposes for the public benéfit, in particular, the activities. projects or servi8 identified in the accounts. Para 1.17 •r 1 19 The main activities dunng the year were as follows". 1) Support and assistance to church planting groups worldwide, fflainly with House Churth planting movements, through the use of a consultant (ex-employee) to visit. liaise with. teach, train and menlor the leaders of these groups. The consuttanl also provides leaching and training to help Christians apply their faith in the work lace.
2) Support to a couple who are working in Burundi supporting three local Christian organisations whose actions include setting up agncultural cooperatives, constructing secure brick homes to replace leaky mud huts. discipleship groups. Bible distribution. vocational training, giving nutritional support, leaching literacy, numeracy, microfinance. healthcare support and farming skills and helping inrtiate microenterpnses. 3) Providing financial support to individuals, groups or churches in need or distress. Statement confirming whether the Iruslees have had regard to the guidance issued by the Charity Commission on public benefit P•ra 1 18 The Trustees have had regard to the guidance on public benefit and Ihe activities reported on are all for the benefit of the public in the areas the charity is operating Addltlonal Inforniallon (optlonall You ma choose lo include further statements where relevant about.. SORP reln P•r4 1.38 Policy on granl making Impact Network does not make grants lo the general public or organisations through an application process. Any grant made is as a result of a request from our consultant or supporters who know of a specific need in one of the house churches or or anisations the are in contact with.
Achievements and Performance SORP referen Summary of the main achievements of the charty. identifying the differen the harity's work has made to the circumstan5 of its beneficiaries and any wider benefits to society as a whole. Para 1 20 Post-covid, travel has been a lot easier for our consultant with seven*ight months spent in Southern Afnca. and one in Canada and the USA These have all been fruitful. The remaining months based in the UK included Zoom training calls lo USA, Canada, Zimbabwe. Northem Ireland, Burundi, South Africa and various hubs around the UK. including Plymouth and Bath. There has been an increase in the amount of coaching and connection with business start-ups. mentoring leaders and entrepreneurs with the nuts and bolls of putting true Kingdom pnnciples Into practice within farth communities. In South Africa. this has Included an opportunity lo mentor Jesus-loving candidates involved in the political landscape (elections are in May 2024) The couple we support in Burundi engage with lo¢al ministries, partnering with three main organisations (New Generation, Igniting Communities for Jesus & Hope for Tomorrow Global), all for the furtherance of the Gospel of Jesus Christ and building God's kingdom across Burundi. The pnmary focus of the work is dis¢ipleship and developing lasting improvements in the lives of the beneficiaries of the organisations. Continuing activities include developing and building sustainable low cost housing for some of the POOfesl in Burundi, assisling the organisalions with ommunications, financial training, providing materials for children's education, community support and crisis response - all to break the cycles of poverty both physically and spiritually. We have continued to support individuals in Kenya with University fees and resources for House Churches.
Financial Review Review of the charity's financial position at the end of the period Para 1.21 The Statement of Financial Activities shows.. a net oufflow of unrestricted funds of £2,647 {2022- Inflow- £2.2911 resulting in a deficit on the unrestri¢ted funds at 28 February 2023 of £84 12022- Surplus of £2,564) The deficit was due to a late balancing payment and was rectified in the first month of the new FY. a net ouffiow of restrirted funds of £84 {2022 - Inflow - £2.1211 resulting in surplus on the restricted funds at 28 February 2023 of £3,421 12022- Sur lus of £3.505 Impact Network has a fomal reserves policy. 11 is based on the following context.. Statement explaining the policy for holding reserves slating why they are held Parn 1.72 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 aayS been made for additional or exceptional specific objectives if an appeal is made to churches. Costs Can be controlled, as they are associated with the mission activities of the Trust and can be subslanlially reduced or curtailed by reducing those activities. Additional work or commitments are not undertaken unless the financial support for them has been identified and plèdged or implemented. The policy states that.. Given the above Gontext the reserves should be kept to a minimum and al no time exceed approximately one month's current expenditure. If the reserves do start to exed that amount then additional opportunities for mission or of helping those in need al home or abroad should be found. The onl
exception to this policy is rf donation is made on an annual basis to cover particular costs throughout the year. In this case the annual sum can be retained and used as required over the year_ Amount of resetves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the harity conlinuing as a oin concem Para 1.22 Para 1.22 See Statement on Policy above. P•rn124 None Paro 1 23 None Addltlonal Informatlon (optlonal) You ma choose lo include further statements where relevant about.. The charity's principal Parn147 All income to the Trust, except for specific sources of funds (including conference fees or minor book sales, any fundraising) comes from individual or local church donations and the lax recovered on them from the Govemment. Impad Nehvork does not invest any funds. Investment policy and objectives including any social investment policy adopted P•rn146 A des¢flPtion of the principal nsk8 facing the Charity Par• 146 The main nsk to the ¢harily continuing to operate is a reduction in income if donors cannot afford lo give as much as they have in the past. However any expendilure is discretionary and can be matched to income. None. Other
Structure, Governance and Management Description of charity's trusts. Type of goveming document Para 1.25 Trust Deed Impact Nehvork was established in 1998 under a trust deed This trust does not own any property or buildin Unincorporated Charity. How is the charity constituted? le g unincorporat Para 1.25 Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or b¢xly entitled lo appoint one or more trustees PBra 125 Trustees are appointed by the existing Trustees. The trust deed provides for a minimum of three and no maximum number of trustees. The current three Trustees have seNed Reference and Administrative details Charil nam8 Other name the charit uses istered charil number Charity's principal address Im ad Network None 1072762 31-33 Bridge Street Andover SP10 18E
Names of thè charity trustees who manage the charity Name of person lor body) gntitled to appoint trustee ifan Trutytse name Office lif any} Datès actèd if not forwhole year Christopher Green Alan Evans Chaimian Secretary Mark Donoghue Corporate trustees - names of the directors al the date the report was approved Not Applicable. Name of trustees holding title to property belonging to the tharily Not Applicable.
Funds held as custodian trustees on behalf of others Not Applicable. Exemptions from disclosure Reason for non-disclosure of ke None. rsonnel details Other o None. tional infomiation
Declarations The trustees declare that they have approved the trustses, report above. Signed on behalf of the charlty's trustees Signature(s) Full name(s) Posltlon (eg Secretary, Chair, 8tc) AA ThM45 ErffvJJ Datè Ig
Independent Examiner's Report I report on the accounts for the year ended 28 February 2023 set out in Ihe attached CC16a Receipts and Payments account Th8 charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year {under Section 144121 of the Charities Act 2011 (the 2011 Adl and that an independent examination is required 11 is my responsibility to- Exaffline th8 accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission {under Section 145{5)Ibl of the 2011 Act),. and - to slate whether particular matters have come to my attention. Statement of Financial Activities My examination was carried out in aOrdance with the General directions given by the Charity Commission. An examination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented wilh those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a Irue and fair view, and the report is limited to those matters set out in the statements below. Notes to the Financial Statements In connection with my examination, no matter has come to my attention.. 11 which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance wtth Section 130 of the 2011 Act, and to prepare accounts whith accord wilh the accounting records and to comply with the accounting requirements of the 2011 Act have not been met. or 2110 which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Jer y Mason ACMA Date.. i<
ACCOUNTING POLICIES Accounting convention The financial statements have been prepared on the receipts and payments basis. Incoming Resources and Expended Resources All inGoming and expended resourr2s are included in the receipts and payments submission. Taxation The charity is exempt from tax on rts charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives al the discretion of thé trustees Restricted funds can only be used for particular striCted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The restricted funds are as follows.. Burundi - To support the coupl8 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 supported by Impact who have now moved back to the UK. Steadfast - To organise conferences for Ladies lo help them in developing their Christian faith and outreach.
CHARITY COMMISSION FOR ENGLANO AND WALES Recei ts and ments accounts CC16a For the period from 01-Mar-22 To 28-F8&23 Section A Receipts and payments Unrn8irfct Restrfcted fund¥ funds lo th• nMr•Bt t to th• rw•rt£ Endowment funds to lh• n•rn•t Total fund8 Last year toth• to t £ A1 R•co1 t• or AR) 2S.902 32.410 nveB en ••• tabl• A3Pa •n¢s 9.10 3LI,171 Sub total 9.105 3S.171 A4 A88et and Invesiment Sub total Totalpayments 9.105 26.6 ,171 Net of rec•lptsl(paymentsJ AS Transfero b8tween funds A6 Cah funds last year •nd Cash funds this year end 2.647 2.731 .505 3.421 3.337 CCXX R18ccounts ISSI 15112r2023
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to E R•8trleted lunrl$ to noarost£ Endowment fund8 to n••ro$1£ B1 Cash funds 3,421 Total cash funds 3,421 811 Unre8trlci¢d fund8 Rastrlcted fund8 Endowment funds to Th7¥re•t£ l)etails lo nHr•st £ Futyj to wblch Currnnl ¥alug nal D¥tall8 ¢o•t loplloMII Fund to whl¢h ••ut b•lon Curr•nl Yalu• DL'tails C1 {optlon•ll 84 A88•t8 r¢talned for th• chArlty'• own u80 Fund to whlch Amounf Wh•n du• Details B6 Llabllltle8 SvJnèd by one or trustee8 on hatt of all the Iru5tee5 Signature Print Nomo Datè of roval A T Evans l&l)ec-23 CCXX R2 acc(xJnts ISSI 1511212023