REGISTERED CHARITY NUMBER: 1086364 REPORTOF THETRLISTEESAND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER2024 FOR DYNAMIC NEWANGLIAN NETWORKS
DYNAMIC NEW ANGLIAN NETWORKS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Page Reference and Admlnlstratlve Detalls Report of the Trustees 2to6 Independent Examiner'sReport Statement of Flnancial Actlvlties Balance Sheet Cash Flow Statement io Notes to the Cash FlowStatement li Notes to the Flnancial Statements 12to26 Detailed Statement of Financial Activitles 27to28
DYNAMIC NEW ANGLIAN NETWORKS REFERENCE AND ADMINISTRATXVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2024 TRUSTEES T Rose J Rassell The Venerable Ruth Janet Patten J Gibbons PRINCIPAL ADDRESS 7 St Peters Court Colchester Essex COI IWD REGISTERED CHARITY NUMBER 1086364 INDEPENDENT AUDITOR Clemence Hoarcummlngs Chartered Accountants Riverside House 1-5 Como street Romford Essex RM7 70N PROJECTI ACTIVITY D N A NETWORKS CHURCH MINISTRY& MISSION Led by Trustees D N A NETWORKS MANAGEMENT Mr Eddlecampbell Chief Executive Officerfor the Charlty D N A NETWORKS FINANCE& ADMINISTRATION Mrs Simone Hilliard Directorof Finance for the Charlty SUPPORT/ADVICE MINISTRY& M15510N Bishop of Colchester- Bishops Mission order from Church of England, Chelmsford Diocese INTEGRATION PROJEcr Partnersand Sponsor5 CommunltyDept- Colchester Boroughcouncll Lead ManagerVPR Programme- Essexcounty Councll BANKERS Business Banking- H S B C Colchester
DYNAMIC NEW ANGLXAN NETWORKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 The trustees present thelr report with the financial statements of the Charity for the year ended 31st December 2024. The trustees have adopted the provisions of Accounting and Reportlng by Charltles.. Statement of Recomtnended Practice applicable to charities preparlng thelr accounts In accordance with the Financlal Reportlng Standard applicable in the UK and the Republlc of Ireland (FRS 102) (effectlve I January 2019). OBJECTIVES AND ACTIVITIES CHARITY OBJECTIVES l. To advance the Christian faith in accordance with the statement of beliefs in the United Kingdom and in such other parts of the world as the trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and relate to the charltable work of the trust. 2. To relieve persons who are in conditions of need or hardship or who are aged or sick and to relleve the d15tress caused thereby in the United Kingdom and such other parts of the world as the trustees may from tlme to tlme stateas beingworthyof support. DNA was founded by Reverend David and Janie Beales in 2000 with the vision of multlplying local churches. establishing overseas missions, and supportingthe marginalised In soclety. Overtheir 16-year tenure, they established a church fellowship, trained overseas workers, and supported refugee integration. Highlights 2024 81 families {2023.' 61 f8miliesl were resettled. 15,000 items of clothingwere supplied under Free School Unlform Prolect 355 received careertraining. job placements and new start business SUPPOrt. 370 learners supported received IntegratlonThru language supported The primary focus continued to be on supporting the integration of migrants and refugees. Alongside the support of clients, Essex Integration remains Essex County Council's partner of choice for refug88 and migiant support. In September, the Charity was awarded 8 four-year resettlement contract. DNA also secured a seNlce level agreement with Uttlesford Council to provide support and integration for families in their area. The Integration Through Language programme is delivered face-to~face at The Castle Methodist Church and via zoom. The Free School Uniform Project. which started in 2018, has continued to meet the growing need with the free supply of school uniform items. In 2024, the team and local volunteers supplied over 15,000 items, slightly less than last year, as more eff ort was placed on events. DNA have five additional outlets in North Essex run by churches and community groups set up in the prior year, as well as the cost-of- living crisis. The programme aims to reduce the number of school absences and enable physicBI activitl8S. DEMONSTRATING PUBLIC BENEFIT The Trustees confirm that they have referred to the general guidance Set out by the Charity Commlssion on public beneflt. The Trustees are satisfied that the Charit¢s activlties meet the principles of public beneflt, def Ined as providing an identifiable benefit/s to the public, or 3 sectlon of the public, and know of no detriment or harm that may be caused as a result of these artivities, which are clearly set throughout thi5 report, OBJECTIVES AND ACTIVITIES Charity Objectives It is through this communlty involvement that the population of Essex has an opportunity to pa rticipate in supportln£ migrants and refugees in a very real and tangible way. The outcome 15 long-term friendships as well as a sense of belonging for the cllents but at the same time being able to be respected as comingfrom dlfferentcultures, belief5, and backgrounds.
DYNAMIC NEW ANGLIAN NETWORKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 ACHIEVEMENT AND PERFORMANCE CHURCH & FAITH The senior management team continued to meet regularly to pray foi the work of DNA Durlng the year, the charity began exploring new fellowship initiatives and associations to expand its outreach. £10,000 was donated to 1533¢ Lasky to carry out his missionary work In Thalland, £10,000 to Chrlstlan Youth Outreach Colchester, and £10,000 to Open Door to continue to support those in need the Colchester area. INTEGRATION Further Progress and Achievements in 2024. 20 new families were resettled. This added to the ongoing SUPPOrt offered to the 15 f3mllies in 2023 and 18 familles in 2022. The13test arrlvals provided a substantial workload to the Essex Integration project, enabllng the team to showcase over time some remarkable resettlement outcomes. The organlsation was awarded an additional reseltlement procurement contract from Essex County Councll, extending to September 2028, Staff numbers were rnalntained, ensurlng adequate support for families under three-year settlement plans. By the end of the year, the team comprlsed: 7 Keyworkersllnterpreters 3 Management team members 2 Employment advisors 3 Administrationlsupport workews I ESOLIITL tutor INTEGRATION EFFECTIVENESS acknowledged Periodlc meetlngs with key servlces for individual cllents are held to assess and progress needs from central services, and measurement of Inte8Tation support requlrernents. Additionally, regular meetlngs and periodlc performance reports are supplied to local authofities e.g., Colchestei Borough Council, and a monthlv performance and update ieport meeting Is held wlth Essex County Council. Twice a year, outcome reports are submltted to the Home Office on arrivals over the last 12 months, as well as reports on ESOL attendance and progress. Internally, we measure oursupport for the Sntegratlon given by a bespoke database. These records of support are provlded to each famlly, detalllng the areas of sUPPOrt offered, the action5 taken by the key worker, and the outcomes achieved. Compillng this informatlon provides tlmelines and demonstrates the extent of support (ln hours) each family has received. Th is includes feedback on negotiating support for future years, fundlng for the programme. Integration work has been further acknowledged locally (local authorities), county-wlde IECC & Chelmsford Dlocese), and by the government (Home Office & Ministry of Defencel. The continuing arrival of families now In Uttlesford, Colchester, Maldon, Baslldon, Epping, Waltham Abbev, Brentwood, Wlckford, and Chelmsford bears lestament to the work that Essex Integration Is involved with throu8h the Integration work of the two programmes. The use of Key Worker5 continues to be a significant element, and the need for thelr lingulstlc capabilities remains. Each keyworker either has the language skills as a mother tongue for a client being 5UPPOrted and has been tralned in the key areas that clients require (benefits. housing advice, community) or ha5 the language support available to them either wlth an interpreter at a meeting etc. or our phone line interpretation support (manned during the day at our office In Colchester. Time and again, our partltlpation In Inltiatives, mu Iti-agency meetings, and crisis support lincluding relational, physical, and mental health issues) has been commended, adding to our experience and knowledge of the integratlon work and Its complexlties. Language Suppoit. The Keyworkers and Interpreters collectively provided fluent support across: 5 M iddle Eastern languages 4 Western languages 3 additional languages through volunteer asslstance THE FREE SCHOOL UNIFORM EXCHANGE PROJEC[ There are now 13 hubs from which clothing can be collected. In total, 15,736 items of clothing (2023.. 20,1961 were distributed. Funding was also received. which helped cover the salary of the uniform manager, as well as winter coats and shoes.
DYNAMIC NEW ANGLIAN NETWORKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 FINANCIAL REVIEW FINANCIAL POSITION DECEMBER2024 The overall income for the year remained comparable to 2023. The primary reason for this was due to a resettlement scheme being set up in the United Klngdom in August 2021, as the Taliban captured Kabul when coalition troops withdrew from Afghanistan. The greater part of the income remains for integration work {2024'. 77%, 2023: 79%). It must be noted that we do not undertake significantfundraising artivities. The Government VPR project is a seICe contract with Essex County Council and Is unrestricted. The VPR service contract income is placement dependentand therefore provides no guaranteed income. The rent Income 15 from the support we arrange (through private landlord rentlng) for cllents, and these monies are then relmbursed (to the landlord) and provide 2.4% {2023: 3.2%}of our income. We are currently In the process of handing over tenancy agreements dlrectly to the families to aid with thelr Independence. Each integration cllent is 'fund accounted,, meaning that all income and expenses {wlth proportionate ove rheads} a re attributed to the client. Th Is not only ena bles data for future use in the actua I cost of Integration at various stages of the programme, but also provldes accrual informatlon. The o t h e r projects of the Charity (Church, ITL, Uniform Project) are also 'fund accounted,, enabllng actual costs to be seen and helping the Trustees, declslon-maklng on missionand support. We achieved a surplus of £87,05312023.. £113,467), which enabled the charity to start the new year with strong flnanclal foundation. Longer-te rm plans look positive following the successful win of the Essex Council Tender and the acquisition of a new property to 5UPPOrt the Charit¢s operations. However, delays in the system add to an alr of uncertainty for arrivals. It must also be noted that a slgniflcant portion of the surplus is to pay for future wages to fulfll the contrart, and a deslgnated reserve has been created to show thi5. The salarles of senlor management in the third sedor are constantly under scrutlny. We strive to employ dedlcated professionals whilst ensurlng a pay structure which Is fair, equltable and reflects the mlss lon and values of the organisatlon. For this flnanclal year, the ratio between the highest pald employee and the median FfE salary was 1,7:1' higher than 202311.6:1) our aim Is to keep this ralio below 3.1. We do not want a 51tuatlon whele the leadership team are paid vastly diffeient from the other tearn rnembers. There15 no gender dlscrimlnatSon In remuneratlon for the same pay scaleljob descriptlon. RESERVES POLICY Whilst a reserves pollcy was nominally In place, uncertalnty In fund levels make reallsatlon of this difflcult to achieve. The reserve amount, while reviewed in Ilght of changing liabllities, remalns a key part of the Charity's financial position and Its ability to deliver throu8h its projects. The forecast for 2025/2026 reflects the need for cuts in expenditure as the income stream changes. A major focus on grant applications wlll be made. There is a material designated fund of £870,614, which has been used to show the funds requlred to fulfil years 1, 2 and 3 of the Afghanistan refugee programme and a fixed asset reserve. The income has been recelved in advance to cover the staff salaries, and it is therefore sensible to place the staff costs In a separate fund. Fund5 have a150 been deslgnated to fund the cost of depreciation on the building purchased towards the year end. As at 31 December 2024 the total amount of charitable funds was £929,322, of which £29,210 was restricted, £870.614 as designated for future wages and the flxed asset reserve with the balance of £29,498 being available as unrestrirted funds to be used for charitable purposes as detailed below;
DYNAMIC NEW ANGLIAN NETWORKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 Plans for 2026 al With the projected integration of 10 Afghanistan famllles in 2025, consolidating the project's SUPPOrt through to the end-2025 with prudent expense management and the sourcing of grants for the project's otherthan Essex Integration, Utilise the new buildin8 space and consider the charitable activities going forward, and whlch areas could become the new focus. Maintain the onsite audit and carry out furtherwork within the accounts department for contlnued transparency, procedural control and provide responslve management reports for all the Charity's projects. management team at)d the Trustees. Review of the organisation structure as we look forward to the future and the consideration of new / emerging projects b) d) An updated income forecast will help predict future income, expenses, and reseprfes. Trustees have approved the forecast for December 2026.
DYNAMIC NEW ANGLIAN NETWORKS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 STRUCTURE. GOVERNANCE AND MANAGEMEMr Governlngdocument The charity is controlled by its governlng document, a deed of trust, and constitute5 an unincorporated charity. The nature of the governlng document and how the charity {or trustees) constituted is a5 Stated in the deed of trust dated 20 December 2000. Recruitment and appolntment of new trustees Appointrnent is to compliment and support existlng trustees but wlth a vlew to bring the necessary skill sets to the Charityto help in the furtherance of its aims and benÈfSts. Preliminary interview and approach by appolnted trustee, formal rneeting and then completlon of the application form. references and agreement of disclosure agreement. Related partles Relationships with related parties and any other charitles and organisations wlth which it co-operates in the pursuit of its charitable objectives. Working with statutory bodies, NGO'S and other like-rninded charitie5 through regular meetlngs,seminars and communlcation on CUTrent issuesor5UPPOrt. Rlsk management The major risk areas of safeguarding, finance control and outcomes provlslon are some of the a re a s which the trusteesreviewand proceduresare in placeto monitorthose risks. Approved by order of the board of trustees on l .A>.%.S...... and slgned on Its be ha If by: T Rose - ChairofTrustees
DYNAMIC NEW ANGLIAN NETWORKS INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 Independent examiner's report to the trustees of Dynamlc New Angllan Networks I report to the charity trustees on my examinatlon of the accounts of the charlty for the year ended 31 December 2024, Responslbllltles and basls of report As the charit•/s trustees you are re5ponslble forthe preparatlon of the accounts in accordance with the requirements of the Charltles Act 20111'the Act'l. I report In respect of my examination of the charit¢s accounts carried out under sectlon 145 of the Act and In carrying out my examination I have followed all the applicable Directions glven by the Charlty Commission under section 145(5>(b) of the Act. Independent examlner's statement Slnce your charity's gross income exceeded £250,000 your examtner must be a member of a body Ilsted In sectlon 145 of the Act. I can confirm Ihat l am quallfied to undertake the examlnation because l am a registered member of Institute of Chartered Accountants In England & Wales whlch is one of the listed bodles I have completed my examination. I conflrm that no material matters have come to my attentlon In connection wlth the examination glvlng me cause to believe that In any materlal respett: accountlng records were not kept In respect of the charity as requSred by seCtn 130 of the Act; or the accounts do nol accord wlth those records; or 3. the accounts do not comply with the applicable requirements cOnrnIng the form and content of accounts set out In the Charitles (Accounts and Reports) Re8ulatlons 2008 other than any requlrement that the accounts glve a true and falr vlew which is not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come across no other matters in connectlon with the examination to whlch attention should be drawn In this report In order to enable a proper understanding of the accounts to be reached, Davld Belbin Bsc BFP FCA DChA Clemence Hoar Cummings Chartered Accountants Riverside House 1-5 Como Street Romford OfifEO'. j OCTOQCR toi
DYNAMIC NEW ANGLIAN N ETWORKS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER2024 Notes Unrestrltted Restricted nds funds 2024 Total funds 2023 Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Charltable actlvltles Essex Integration Essex Free School Uniform Refugee Support for Braintree Dlstrlct Property rental E-ON Iprevlously AMIF) ARAP hotel grant ITL Other Income 7,501 42.069 49,570 72,049 421,384 319,503 12,985 4.213 740.887 12.985 4,213 790,322 11,250 2,250 22,897 90,024 7,625 20,000 6,904 22,897 90,024 7,625 20,000 30,800 159,518 114,375 400 Investment income Total 18,228 447,113 18,228 973,333 8,900 1,189,864 526.220 EXPENDITURE ON Raislng funds Charltable actfvltles Essex Integration Essex Free School Unrform Refugee Support for Bralntree Distrlct Property rental E-ON (previously Af+AIF) ARAP hotel grant ITL Other 5,463 5,463 5,881 366,096 319,504 62,279 7,150 685,600 62,279 7,150 696,717 92,999 3,519 25,600 93,284 25,600 93,284 37,239 149,234 90,376 432 6.904 6,904 Total 371,559 514.721 886,280 1,076,397 NET INCOMEI(EXPENDITURE) 75,554 11,499 87,053 113,467 Transfers between funds 15 (7,516) 7,516 Net movement in funds 68,038 19,015 87,053 113,467 RECONCILIATION OF FUNDS Total funds brought forward 832.074 10.195 842,269 728,802 TOTAL FUNDS CARRIED FORWARD 900,112 29,210 929,322 842,269
DYNAMIC NEW ANGLIAN NETWORKS BALANCESHEET AT 31ST DECEMBER 2024 Unrestrlcted Restrlcted fund5 funds 2024 Total funds 2023 Total funds Notes FIXED ASSETS Tanglble a55ets li 387,407 387,407 6,448 CURRENT ASSETS Debtors Cash at bank 12 70,272 663,488 733,760 23,159 6,051 29,210 93,431 669,539 762,970 146,737 864,854 1,011,591 CREDITORS Amounts falling due wlthln one year 13 (221,055) (221,055> 1175,770} NET CURRENT ASSErs 512.705 29,210 541,915 835,821 TOTAL ASSETS LESS CURRENT LIABILITIES 897,46S 29,210 929,322 842,269 NET ASSETS 900,112 29,210 929,322 842,269 FUNDS 15 Unrestrlcted funds Restrlcted funds 29,498 29,210 870,614 929,322 39,083 10,195 792,991 Designated funds TOTAL FUNDS 842,269 The financlal statements were approved by the Board of Trustees on were signed on its behalf bv,. and T Rose-Trustee The notes form part of these flnanclal statements
DYNAMIC NEW ANGLIAN NETWORKS CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 Cash flows from operatlngactlvltles: Notes Cash generatedfrom operations 170,094 71,371 Net cash provlded by (used In) operating actlvltles 170,094 71,371 Cash flows from Investing actlvltles: Purchase of tangible fixed assets I nterest recelved (383,637) 18,228 8,900 Net cash provlded by (used In) Investlng actlvltles (365,409) 8,900 Change In cash and cash equlvalents In the reportln8 perlod Cash and cash equlvalents at the beglnnlngof the reportln8perlod 1195,3151 80,271 864,854 784,583 Cash and cash equlvalents at the end of the reportlng perlod 669,539 864,854 The notes form part of these financial statements io
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2024 I. RECONCILIATION OF NET INCOMETO NET CASH FLOW FROM OPERATING A1VITIEs 2024 2023 Net Income for the reportinR perlod (as per the statementof flnanclal actlvltles) Adjustments for: Depreciation charges Interest recelved Decrease / {increasel In debtors Increase / Idecreasel in creditors 87,053 113,467 2,678 118,228} 53,306 45,285 2,345 18,900) 172,2401 36,699 Net cash provlded by (used In) operatlngactivitles 170,094 71,371 ANALYSIS OF CHANGES IN NET FUNDS At 1.1.24 Cash flow At 31.12.24 Net cash Cash at bank 864,854 {195,315) 669,539 Total 864,854 1195,315) 669,539 li
DYNAMIC NEW ANGLXAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 I. ACCOUNTING POLICIES Basls of preparingthe financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102} 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effectlve l January 20191,, Financial Reportin8 Standard 102 'The Financial ReportlnE Standard applicable in the UK and Republic of Ireland, and the ChatIeS Act 2011. The financial statements have been prepared under the historical cost convention. Income All Income Is recognised In the Statement of Financial Actlvltles once the charity has entltlement to the funds, it Is probable that the incomewlll be received and the amount can be measured reliablv. Income Is received In the form of a restricted government grant, a service contract with local governmentand rental revenue. The governmentgrantsare accountedfor In line withthe performancemodel. The rental revenue 15 received by the charity and immediately paid out as an expense to the Landlord, acting as an intermediary between the cllent and the landlord, until a Satisfactory tlme has elapsed and the client pays the landlord directly. Donatlons and legacles income Includes donations, gifts and benefits In klnd that provide fundlng or are of a general nature and re¢o8nised when there is entitlement, probability of recelpt and the amount can be measured with sufficient reliability. Such income is treated as restricted when the donor specifies It must be used for a certain activity and these must be adhered to in order to recognize the income. No amounts are included in the financial statements for services donated by volunteers. Expendlture Llabllities are recognlsed as expenditure as soon as there Is a legal or constructive obllgation committing the charity to that expend iture, It is probable that a transfer of economic benefits will be required In settlement and the amount of the obligation can be measured rellably. Expenditure Is accounted for on an accruals basis and has been classlfied under headlngs that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headlngs, they have been allocated to activities on a basis consistent with the use of resources. Tanglble fixed assets Depreciation is provided at the following annual rates in order to write off each a55et over its estimated useful Ilfe. Computerequipment Motor vehicle5 Freehold property - 20% on cost - 25% on cost 2% on cost 12
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Taxatlon The charity is exempt frorn tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance 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. Restrictlons arise when specifled by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund Is included in the notes to the flnancial statements. Penslon costs and other post-retlrement beneflts The charlty operates a defined contribution penslon scheme. Contributlons payable to the charlty's pension scheme are charged to the Statement of Flnanclal Activlties in the period to which they relate. Debtors and credltors recelvable I payable wlthln one year Debtors and creditors with no slaled Interest rate and recelvable or payable within one year are recorded at transaction price. 13
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 DONATIONS AND LEGACIES 2024 2023 Donations 49,570 72,049 INVESTMENT INCOME 2024 2023 Deposit account interest 18,228 8,900 INCOME FROM CHARITABLE AcfiviTIES 2024 2023 Cllent support services- ECC Client support services - Colchester Clientsupportservlces- Chelmsford Client support services - Uttlesford Rents received Actlvlfy Essex integratlon 421,383 655,275 Essex integratlon 245,700 132,301 Essex Integratlon 17.354 2,746 Essex integiation 56,450 Property rental 22,897 30,800 Project Fundin8 Project Fundlng Client support seIceS Cllent support servlces Project Funding Refugee Support for Braintree Distrlct Essex Free School Uniform Project E-ON (previously AMIFI ARAP hotel grant ITL 4,213 12,985 90,024 7,625 20,000 2,250 11,250 159,518 114,375 400 898,631 1,108,915 RAISING FUNDS Ralslng donatlons and legacles 2024 2023 Support costs 5,463 5,881 14
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 CHARITABLE ACTIVITIES COSTS Support Costs Dlre¢t costs (see note 7) Totals Essex integration Property rental Refugee Support for Braintree District Essex Free School Unlform Project E-ON {previously AMIFI ARAP hotel grant ITL 587,357 25,359 7,150 62,329 93,285 87,953 2,523 464 675,310 27,882 7,614 63,759 103,207 840 1,430 9,922 840 2,205 2,205 775,480 105,337 880,817 15
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 SUPPORT COSTS Office Admin Entertaining Human Resources Raising donations and legacies Essex Integration Property rental Refugee Support for Braintree District Essex Free School Uniform Project E-ON Iprevlously AMIF) ARAP hotel grant ITL 3,587 55,421 1,657 305 939 6,513 552 1,447 715 11,055 330 61 187 1,299 iio 289 67 1,034 31 773 11,946 356 66 202 1,404 119 312 18 122 io 27 70,421 14,046 1,315 15,178 Other Governance tosts Totals Raising donations and legacles Essex Integration Property rental Refugee Support for Bralntree Dlstrlct Essex Free School Unlform Project E-ON Ipreviously AMIF> ARAP hotel grant ITL 321 4,972 149 26 84 584 49 130 5,463 87,953 2,523 464 1,430 9.922 840 2,205 3,525 6,315 3,525 110,800 Actlvlty Office Admln Entertainlng Human resources Other Basls of allocatlon Income basis Income basls Income basi5 Income basls Income basis 16
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 TRUSTEES'REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31st December 2024 nor for the yearended 31st December2023. Trustees. expenses Trustees, expenses paid fof the year ended 31st December 2024 came to £37.50 (nil for the year ended 31st December 20231 and ielated to meeting expenses. STAFF COSTS 2024 2023 WaRes and salaries Social security costs Other pension costs 405,403 27,739 9,236 437,050 31,328 10,740 442,378 479,118 The average monthlynumberof employeesduringthe yearwas as follows: 2024 19 2023 20 Employees No employees receivedemoluments In excess of £60,000. Key management personnelremuneration is £93,249 (2023: £80,499). 17
DYNAMIC NEW ANGLIAN NETWORKS NOTESTO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted funds Restrlcted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacles 1,081 70,968 72,049 Charltable actlvltles Essex Integratlon Essex Free School Uniform Refugee Support for Braintree District Property rental E-ON (previously AMIF) ARAP hotel grant ITL 655.275 135,047 11,25Q 2,250 30,800 159,518 114,375 400 790,322 11,250 2,250 30,800 159,518 114,375 400 Investment income 8,900 665,256 8,900 1,189,864 524,608 EXPENDITURE ON Ra151n8 funds 5,881 5,881 Charltable artlvltles Essex Integratlon Essex Free School Uniform Refugee Support for Braintree District Property rental E-ON (previously AMIF) ARAP hotel Brant ITL 561,670 135,047 92,999 3,519 37,239 149,234 90,376 432 508,846 696,717 92,999 3,519 37,239 149,234 90,376 432 1,076,397 567,551 NET INCOME I (EXPENDITURE) 97,705 15.762 113,467 Transfers between funds 62.101 {62,1011 Net movement In funds 159,806 146.339) 113,467 RECONCILIATION OF FUNDS Total funds brought forward 672,268 56,534 728,802 TOTAL FUNDS CARRIED FORWARD 832,074 10,195 842,269 18
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 ii. TANGIBLE FIXED ASSETS Land & Buildlngs Computer Equlpment Motor Vehlcles Totals COST At l January 2024 Additlons At 31 December 2024 10,638 9,379 2,000 11,379 20,017 383,637 403,654 381,637 381,637 10,638 DEPRECIATION At l January 2024 Charge for year At 31 December 2024 10,638 2,931 2,678 5,609 13,569 2,678 16,247 10,638 NET BOOK VALUE At 31 December 2024 381,637 5,770 387,407 At 31 December 2023 6,448 6,448 The freehold property located at 7 St Peterfs Court, Colchester, COI IWD Is held in the name of two trustees, T Rose and J Rassell, on behalf of the charity. A declaration of trust conflrms that they hold the property in trust for the sole benefit of the charlty. 12. DEBTORS:AMOUNTSFALLINGDUE WITHINONE YEAR 2024 2023 Trade debtors Other debtors VAT 31,321 46,612 15,498 37,080 109,657 93,431 146,737 19
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL sfATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 13. CREDITORS: AMOUNTSFALLING DUE WITHIN ONE YEAR 2024 2023 Trade credltors Social security and other taxes VAT Accruals and deferred income Other creditors 4,529 14,582 2,766 13,370 37,578 66,460 55,596 114,798 87,146 221,055 175,770 Included within Accruals and deferred income of £114,79812023: £66,460) is deferred income of £111,27312023.' £60,835} in relation to the continued provision of seNices as part of the Essex Integratlon initiatlve. All of the brought forward deferred income was released into the 2025 Statement of Financlal Activities. 14. LEASINGAGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows.. 2024 2023 Withln oneyear Between one and flve years 1,828 5,027 1,828 6,855 6,855 8,683 20
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 15. MOVEMENT IN FUNDS At 1.1.24 Net Transfer movement between In funds funds At 31.12.24 Unrestrlcted funds General fund 39.083 75,554 185,139) 29,498 Deslgnated funds Deposlts on MOD properties Future wages Flxed asset reseNe fund 45,000 747,991 45,000 443,977 381,637 870,614 1304,0141 381,637 77,623 792,991 Restrlcted funds Property rental Refugee Support In Bralntree District Essex Free School Uniform Project Restrlcted donation E-ON Iprevlously AMIF) ARAP hotel grant ITL 12,703) 12,937) 17,325) loo 13,261) 7.625 20,000 2,703 1,852 7,325 9,795 8,710 400 500 3,261 (7,625) 20,000 10,195 11,499 7,516 29,210 TOTAL FUNDS 842,269 87,053 929,322 21
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 Net movement in funds, included in the above are as follows: Incomlng resources Resources expended Movement In funds Unrestricted funds General fund 447,113 (371,559) 75,554 Deslgnated funds Deposits on MOD properties Fellowshlp Inltiative Flxed asset reserle fund Restrlcted funds Client SUPPOrt servlces - Colchester Client support servlces - Chelmsford Client support services - Uttlesford Property rental Refugee Support in Braintree Dlstrlct Essex Free School Uniform Project Restricted donation E-ON Iprevlously AMIFI ARAP hotel grant ITL Photocopier 245,700 17,354 56,450 22,897 4,213 54,953 loo 90,024 7,625 20,1)00 6,904 (245,700) 117,354) 156,450) 125,600) (7,150) 162,278) {2,7031 12,937) (7,325) loo 13,261) 7,625 20,000 (93,2851 16,904) 526,220 1514,721) 11,499 TOTAL FUNDS 973,333 886,280) 87,053 22
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 15. MOVEMENT IN FUNDS-contlnued Comparatlves for movement In funds At 1.1.23 Net Transfer movement between In funds funds At 31.12.23 Unrestrleted funds General fund 54.305 97.705 1112,927) 39,083 Deslgnated funds Deposits on MOD properties Fellowshlp initiatlve Future wages 11,250 8,550 598,163 617,963 33.750 (8,550) 149,828 175,028 45,000 747,991 792,991 Restrlcted funds Property rental Refugee Support in Braintree District Essex Free School Unlform Project Restricted donatlon E-ON {prevlousty AMIF) ARAP hotel grant ITL 14,561 17,663 16,4391 18,122) 11,2691 (6,599) 110,8811 10,881 loo 10,284 23,999 132) 15,762 9.795 300 19,184 4,826 400 {Z9,468) 128,825) 32 {62,101) 56.534 10,195 TOTAL FUNDS 728,802 113,467 842,269 23
DYNAMIC NEW ANGLZAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 15. MOVEMENT IN FUNDS-contlnued Comparatlvenet movement in funds, included in the above areas follows: Incoming resources Resources expended Movement In funds Unrestrlcted funds General fund 665,256 1567,5511 97.705 Desl8nated funds Deposits on MOD properties Fellowship initiative Fixed asset reseNe fund Restrlcted funds Cllent SUPPOrt services- Colchester Cllent support services- Chelmsford Property rental Refugee Support in Braintree District Essex Fe School Uniform Project Restricted donatlon E-ON (previously AMIFI ARAP hotel grant ITL 132,301 2,746 30,800 2,250 82,118 loo 159,518 114,375 400 524,608 1132,301) (2,746) (37,239) 13,519 (92,999 {6,439) (1,269 (10,881 loo 10,284 23,999 (32) 15,762 (149,234) (90,376) (432) ($08,846) TOTAL FUNDS 1,189,864 11,076,397) 113,467 24
DYNAMIC NEW ANGLIAN N ETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 15. MOVEMENT IN FUNDS-¢ontlnued Essex Inte8ratlon of Afghanlstan refugees The UK government home office provides support via grant income which is restrlcted for the purpose of housing refugees from Afghanistan and helplng them to integrate into the local communityfor a minimum periodof three years. Cllent SUPPOft servlces Colchester / Chelmsford The funding received from Colchester and Chelmsford City Councils Is to support the resettlernenl of refugees into the community. Property rental This is for rents recelved for properties that in the past DNA have helped resettle famllles Into. The rents recelved are passed directly to the letting agent or landlord. Refugee Support In Bralntree D15trict Th is fund represents the support for the resettlement of famllles wlthin the Braintree Dlstrlct under the UK Government's Vulnerable Persons Resettlement Scheme. Essex Free School Uniform Projert These funds are restricted for use In the Essex Freeschool Uniform Project wherewe help those on low incomes and in need of free school uniform with the aim of reduclng the financial burden. E-ON (prevlously AMIF) Thls Is the Employabllity of Overseas Nationals programme whlch has replaced AMIF, The fund Is deslgned to help member states manage migratlon and Implement, strengthen, and develop a comrnon approach to asylum and immigratlon. The transfer to the general fund represents a management fee charged for the tlme both the CEO and Finance Dlrector spend on the project. Deposlts on MOD propeitles These funds are designated to bring the Ministry of Defence properties back to the standard they were rnoved in to at the end of their tenancy. Fellowshlp Inltlatlve Th is is a fellowshlp Inltiative to befriend the residents of Greenstead, Colchester and provlde evangelistic trainlng with The Reverend Sue Howlett (Pioneer Minister) and the congregation. An amount of £10,000 has been set aside for misslonary work and to date £450 has been spent on toys and equipment for new 'stay and pl3W. As the fund5 have not been spent a decision has been made for these funds to be transferred back to the general fund. Future wa8es This fund has been designated as wages to continue to fulfil the Afghanistan refugee programme. Flxed asset reserve fund The fixed asset reserve fund has been set up to designate the element of reserves required to fund the cost of depreciation over the useful life of capitalised f ixed assets. The balance outstanding at 31°, December 2024 represents the land and building purchased towards the year end. 25
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 ARAP hotel grant The grant has been received to employee keyworkers within the Che1rn5ford, Harlow and Marks Tey Hotels to provide support to the refugees with translation 5ervice5 and looking for a new home. The transfer to the general fund represents a management fee charged for the time both the CEO and Finance Director spend on the project. 15. MOVEMENT IN FUNDS- continued ITL tutor The funding has been received to cover sorne of the wages of our Integration Tho Language Tutor. The dlfference comes from unrestricted reserves. 16. RELATED PARTY DISCLOSURES There were no related party transactlons for the year ended 31st December 2024, nor forthe year ended 31 December 2023. 26
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 INCOMEAND ENDOWMENTS Donatlons and legacles Donatlons 49,570 72,049 Investment Intome Deposit account Interest 18,228 8,900 Charltable actlvltles Cllent support servlces Rents received Project Funding Grants 830,911 22,897 37,198 7,625 935,148 30,800 20,612 121,705 898,631 1,108,265 Other Income Sundry income 650 Total Incomlng resources 973,333 1,189,864 EXPENDITURE Charltable actlvltles Wages Social security Pensions Property Client SUPPOrt Community support Projects DBS check Charitable donatlons Clientpropertydeposlts Other 405,403 27,739 9,236 25,359 191,219 437,050 31,328 10,740 77,040 221,322 2,702 83,666 234 30,120 79,454 58,315 26 30,120 28,063 775,480 973,656 Support costs Offlce ComDUterand internetexoenses Insurance expense Rent and rates Utilities Media supplies Posta%e and stationery Other 18.217 7,368 24.594 3,495 4,887 11.388 469 18,395 3,765 19,130 3,637 959 4,596 2,859 53,341 70,418 27
DYNAMIC NEW ANGLIAN NETWORKS NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 Admln Repairs and renewa15 Travel Vehicle costs 3,911 4,664 5.471 14,046 3,642 6,296 3,882 13,820 Entertalnlng Hospitality 1.315 1,052 Human resources Staff expenses Staff mlleage Staff tralnlng Job advertising 4,931 4,050 3,519 3,825 13,634 6,512 12,500 23,971 Depretlatlon of tangible fixed assets 2,678 2,345 Other Professlonal fees Sundry 6,146 172 6,318 2,500 87 2,587 Governance costs Independent examiners fee Audlt 3,525 5,625 5,625 3.525 Total resources expended 886,280 1,076,397 Net income 87,053 113,467 28