CHARITY COMMISSION FOR ENGLANO AND WALES Trustees, Annual Report for the period From 1 March 2023 28 February 2024 Charity name: Impact Network Charity registration number: 1072762 Objectives and Activities SORP refefence Summary of the purposes of the charity as set out in its governing document Para 1.17 The objects of the Trust as stated in its Trust Deed dated September 1998 are.. 1) To advance the Christian religion to proclaim and further the Gospel of God and His Son the Lord Jesus Christ and to preach and teach the 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 to 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 fit. 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. Pafa 1.17 and 1.19 The main activities during the year were as follows.. 1) Support and assistan to church planting groups worldwide, mainly with House Church planting movements, through the use of a consultant (ex-employee) to visit, liaise with, teach, train and mentor the leaders of these groups. The consultant also provides teaching 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 agricultural cooperatives, constructing secure brick homes to replace leaky mud huts, discipleship groups, Bible distribution, vocational training. giving nutritional support, teaching literacy, numeracy, microfinan, healthcare support and farming skills and helping initiate microenterprises. 3) Providing financial support to individuals, groups or churches in need or distress. 4) Support to a church planter visiting House Churches in Kenya and Uganda to provide advice and support. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 The Trustees have had regard to the guidance on public benefit and the activities reported on are all for the benefit of the public in the areas the charity is operating. Additional information (optional) You ma choose to include further statements where relevant about.. SORP refeience Policy on grant making Para 1.38 Impact Network does not make grants to 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 refrrence Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Our Church Planting consultant visited South Africa training and coaching individuals involved in business, church contexts and government. He met with a number of leaders in Cape Town who had travelled from the UK. Amsterdam and USA. In the UK he worked in Andover, Bath, Plymouth, Sherborne and Woking. Training continued with Zoom calls to USA, Canada, Zimbabwe, Northern Ireland, Burundi, South Africa and various hubs around the UK, including Plymouth and Bath as in previous years. The family we support in Burundi engage with local ministries, partnering with three main organisations (Yada Burundi, Igniting Communities for Jesus (ICJ). and Hope for Tomorrow Global). all for the furtherance of the 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 beneficiaries of the organisations. Continuing activities include developing and building sustainable low- cost housing and other necessary infrastructure for some of the poorest in Burundi, as well as assisting the organisations with communications, financial training, 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. In addition this year we provided financial support to a church planter to revisit House Churches in Kenya and Uganda they had planted to provide advice and support. This included a Iwo- day conference with teams from Uganda and Kenya. One team was from Northern Uganda, where a movement has started among the Karamajong people. (The Karamajong are a nomadic tribe of herdsmen who are notorious for raiding villages and stealing cattlel) Uganda is seeing incredible multiplication of simple organic churches in many districts. He also visited several house churches and prayer rou s to encoura e them.
Financial Review Review of the charity's financial position at the end of the period Para 121 The Statement of Financial Activities shows.. a net inflow of unrestricted funds of £100 (2023 - Oufflow - £2,647) resulting in a surplus on the unrestricted funds at 28 February 2024 of £17 (2023 - Deficit of £84). a net inflow of restricted funds of £2,937 (2023 - oufflow - £84) resulting in a surplus on the restricted funds at 28 February 2024 of £6,357 (2023 - Sur lus of £3,420 Impact Network has a formal reserves policy. It is based on the following context: Statement explaining the policy for holding reserves stating why they are held Para 1.22 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 always 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 substantially reduced or curtailed by reducing those activities. Additional work or commitments are not undertaken unless the financial support for them has been identified and pledged or implemented. The policy states that.. Given the above context the reserves should be kept to minimum and at no time exceed approximately one month's current expenditure. If the reserves do start to exceed that amount then additional opportunities for mission or of helping those in need at home or abroad should be found. The only exception to this policy is if 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 reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a oin concern Para 1.22 Para 1.22 See Statement on Policy above. Para 1.24 None Para 1.23 None Additional information (optional) You ma choose to include further statements where relevant about: The charity's principal Para 1.47 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 tax recovered on them from the Government. Impact Network does not invest any funds. Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 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 discretionary and can be matched to income. None. Other
Structure, Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 Trust Deed. Impact Network was established in 1998 under a trust deed. This trust does not own any property or buildin Unincorporated Charity. How is the charity constituted? Para 1.25 Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Pafa 1.25 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 served for the whole year. Reference and Administrative details Charit name Other name the charit uses Re istered charit number Charity's principal address act Network None 1072762 31-33 Bridge Street Andover SP10 18E
Names of the charity trustees who manage the charity Trustee namè Office (if any) Dates acted if not for whole year Name of person lor body} entitled to appoint trustee ifan Christopher Green Alan Evans Mark Donoghue Chairman Secretary Corporate trustees - names of the directors at the date the report was approved Not Applicable. Name of trustees holding title to property belonging lo the charity 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 information
Declarations 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 (eg Secretary, Chair. etc) 7it).Y4.4i £4). Date 19 bFc £lt
Independent Examiner's Report I report on the accounts for the year ended 28 February 2024 set out in the attached CC16a Receipts and Payments account. The charity's trustees are responsible for the preparation of Ihe accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required. It is my responsibility to: Examine the 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)(b) of the 2011 Act)., and - to state whether particular matters have come to my attention. Statement of Financial Activities My examination was carried out in accordan with the General directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures In the accounts and seeking explanations from you as trustees concerning 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 'true 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: 1) which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with Section 130 of the 2011 Act., and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met,. or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Jeremy Mason ACMA 11. IT W4 Date..
ACCOUNTING POLICIES Accounting convention The financial statements have been prepared on the receipts and payments basis. Incoming Resources and Expended Resources All incoming and expended resources are included in the reiptS and payments submission. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted 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 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 supported by Impact who have now moved back to the UK. Steadfast - To organise conferences for Ladies to help them in developing their Christian faith and outreach.
CHARITY COMMISSION FOR ENGLAND AND WALES Recei ts and ments accounts CC16a For the period from 01-Mar-23 To 28-Feb-24 Section A Receipts and payments Unrestricted funds Restricted funds Endowment lunds Total funds Last year to the nearest lo th• n•are$t £ to Ihe nearest £ io the nearest £ to the nearosi £ A1 Recei ts 7,802 25.890 33,692 tota ross income or AR) 7.802 25.890 33.692 sset an see table Investment sa es, tota Total receipts .80 5,890 33,892 A3Pa ments 7,702 22,953 30,65S Sub total 7,702 22.953 30,6S5 A4 Asset and investment Sub total Total payments 7.702 22.953 30,655 Net of receipts/{payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 100 2,937 3,037 83 3.420 6,357 3.337 6.374 CCXX R1 accounts ISSI 2011112024
Section B Statement of assets amd liabilities at the end of the peFiod Unrestricted funds lo nearest £ Restricted funds to nearest £ Endowment funds to nearest £ B1 Cash funds general luno 17 kenysieaofasuDufundi 6,357 Total cash funds 6,357 {89ree borKes 1 receipts ano paymenii atcour41s1} Unrestricted funds to nearest £ Restricted funds lo nearest E Endowment funds io ne8rest E Dpt?il¢ Fund to whith assei belon Current value tional Cost ioptionall Fund to which asset bglon Currant valuo tional Cost IOP¢ionall B4 Assets retained for the charity's own use Fund to which relales Amount due tional When due tional B5 Liabilities Signed by one or Mo truslees on behalf of all the trustees Print Name Dale of roval Signalure A T Evans CCXX R2 accounts ISSI 2011112024