POSITIVE NEfwK)RK COMMUNITY PROJECT LIMITED
REISTERED COMPANY NMBER".08149526 (England aNI INales)
REGISTERED CHARITY NUMBER: 1101803
REPORT OF THE TRUSTEES AND
FIN4NCIAL STATEMENTS OF THE YE4R ENDED 31 MARCH 2021
FOR
POSITIVE NETVK)RK COMMUNITh PROJECT LIMITED
24 Raven8tone Strnet
Balham. London
SW12 9SS

POSITIVE NEf¥Nt)RK COMMUNITY PROJECT LIMITED
CONTENTS OF THE FINANCLAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
CONTENTS
Report of the Trus
Independent Examinefs ktivities
Staternent ol Fknancial A¢tivit
10
Balan¢8 Sheet
12
Notes to t1￿ F#H)cial St*ema
15

POSITIVE NETWORK COMMUNITY PROJECT LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2021
Charfty number
1101803
Company rnglstratton number
08149526 {England and Wales)
Registered offi
24 Ravenstone Street
Balham
London
SW12 9SS
Trustees
Sarah Abrahams (Chainnan)
Paul Hayward
(Treasurer)
Thelma Simpson (Secretary)
Joan Aubee
Member
Stevmrt Salrron
Member
Grace Salmc
Oirector & Manager
Nomian Goodlud( Member
Indepgnd•nt examlner
Charlly Accountrig Ser¥ice8
272 Ken$ington High Street
Lornkffi W8 6ND
8anker8
Unty Trust Bank Pk
Four Brindley Pla
Bim)ngh￿, B12JB

POSITIVE NETINORK COMMUNITY PROJECT LIMITED REPORT OF
THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2021
The trustees, vtho are also directors for the purposes of ￿rnPany law, have pleasure in presenting
their report with fnancial statements ofthe tharity forlhe year ended 31 March 2021. The Trustees
have adopted the provTrsions of the Statements of Recommended Practic? (SORP). Accounting
and Reporting by Charilies'18SL*d In March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Reference and &Jministrative details are shown In the schedule of membws of the board and
professiond ajvisers on page 1 of the fnanci81 st8tement.
STRUCTURE, GOIERNANCE AND MANAGEMENT
Posltfve Nets￿rk Communty Prop¢t is a (xmpany limited by guarantee n￿n￿r 08149526
and a registered charity number 1101803. The c£*mpany was on 19 Juty 2012.
Recruitrnent and appointrnent of new trustees
The Board of trustee's members (aka Management Committee members) are elec*ed at the Annual
General M88ting IAGMI hekl by the organisat'on onceevery yearThe Executive are able to COwOPt new
member8 during the year.
Organisational Structure and Accountabilty
R￿k Management
The Board of Trustees undertakes a revièw of all the major risks, both intemal and extemal. to
which tho organisation Is fac*d with rigorous monitoring and feedback systems have been put in
plao that make it Possible to analyse every aspect ofthe organisat￿)n'S operatKins and acttviles,
including the sound management of its ffinan￿s. l*lthile these 8ySt8ms mlght evenknally indlcate
intemal risks to the Management Committee, Ihey have to follow eM?nts independent of the
Charity to identify possible risks, most of ￿1¢h usually relats to the1088 of fund8.
OBJECTIVES AND ACTIVITIES
Tho obJ6cts of the charity, 88 stated In its Memorandum and ArticJ88'.
a. The provision of advisory 8erwce8 on EdUCatiC￿ & Social serv1(*8 to Peop￿ of all ages,
disabilitie8, socaal and e(x*nomic backgrourKIs.
b. To provije and improve Ihe conditions of life of vulnerable indivKluals Ihrough provision of
Social welfare, reueation818nd Leisure faciliiies.
Pg4

POSITIVE NETWORK COMMUNITY PROJECT UMITED REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31" MARCH 2021
The trustees. who are also directors for the purposes of ￿MpanY law. have pteasure
In presenting their report with ￿anCIal statements of Ihe charity for Ihe year ended 31
March 2021. The TnJstees haNE adopted the provisions of the Statements of
Recommended Practice {SORP)' Accounting and Reporting by chari￿$, issued In
March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Referenc8 and administrative details are shown in the sthedule of members of the t)oard
and professional advisers m page 1 of the finanrial 8tatemenL
STRUCTURE, GOVERNANCE AND MANAGEMENT
PositiNE Nel%%YNk Communty Proixt is a compary limited by guarantee number 08149526
and a regBtered charity number 1101803. The wnpany was iKOfporaed 19 Juty 2012.
RECRUITMENT AND APPOINTMENT OF NEWTRUSTEES.
TheBoardof trustee'smember8(8kaManagementCommitleemembers)areelededatthe
Annual General Meeting (AGW held by the organisation once every year The Executive are
able to C￿Opt new membersduring the year.
ORGANISATIONAL STRUCTURE AND ACCOUNTABILITY
Risk Managemort
The Board of Trustees undertokes a review of all the major risks, both intemal and
extem81. to which the organisation is fa(* with rwJorou8 monitorirKJ and feedback
systems have been put in place Ihat make it Possib￿ to anaw every aspect of the
organisation'8 operations and activities. induding the sound management of its
financ88. th68e system8 might evenbjally Indicate intemal risks to the
Management Committee, they ha¥t to follow events independent of the Charlty to
identify possible risks. most of which usualty relata to the toss of ￿nds.
OBJECTtVES AND ACTIVITIES
The obied8 of the charity, as stated in Its M8morarKJum and Artides..
c. The provislon of advisory seNices on Edutstion & So(aal servlce8 to peop￿ of all ages,
di8abilitie8. social and economic backgrounds.
b. To provide and Improve the corKlttions of Ilfe of vulnerable indNiduals through
provision of social %￿lfare, re(xeatthal and Lelsure faaliti8S.
COVID-19 RE8PON3E PROJECT
Vve have been in Operatfjn in Unty Centre for aknost one year. In March 2020 because of
the Covid-19 Pandem￿ we had to close am our fa(trtO-face oPerat￿nS. We had to d￿nge our
operations la￿ to work to remote workiry.
Our new 0￿ratKInS preparing meaL8 and deli￿ring to mernbgrs, tmxnes.
Collecting medi(ation for Ih)se get tr) the phatrnacy.
Shopthg for members who were seW-i801atng aTrJ UTrab￿ to get to the shops.
FURLOUGH SCHEME
As a result of the Covid-19 pandemic all staff were placed cffi the govemment Furkwgh
sche￿, whith vras a muth neod8d wtsThentK)n for al *aff iiK)Ived.
Pgs

FESTFVALS CHRISTMAS EVE FOOD DONATICWS
This year v* cdebrated EmancipatM)n Day social distance was ob*rved on mr1th￿ Farr
Green. Masks were wom. particl￿ts were treated to MUSK and exhibitions.
Every year Trkrton Churches Together usualty organise a Christmas Dinner for people in need
however due to the Pandern￿ the Christmas dinner was car￿lled. ￿ble￿on Foundation
got in touch ￿th us, offering 400 meab that can be distributed to people in need in the k)cal
area. TIE meals wer6 diSt[b￿￿j (m Christmas Eve.
FOOD BANK SERVICES
provide emergency food to w)ple in crts￿. Every day peop￿ in the UK go hungry for
reasons ranging from redundancy to re¢er￿Thj an unexFeGted bill on a low wicome. A simp
parcel offood makes a tAg differance. wÈth foCdt￿k helpng pre¥ent crime, h￿sing 1088.
famity breakéknwn and mental heallh probl￿$.
FOOD IS DONATED
Local Schools, thurthes. bussnesses and indivxluals (￿nate Trjn-perishab￿, ki4ate f(M)d to s.
Wle collect Lgrge dcmaions of perishabl8 non-perishabb wcxts frcxn l¢xal supemarkets.
FOOD IS SORTED AND STORED
Volunteers sort fo(hY to Check that ¥a￿ty aThJ pack * into knd parcels to be given to
pwple in need.
PROFESSIONALS IDEKfiFY PEOPLE IN NEED
Our Foodbank partner8 wrfh a wde range of care professbnals such as (kxtors, healih
v18rtors, 80cial wrmkern and police to *Jenbfy p￿p10 in crisis issue thern With much negJ&
Pg6

Tha FUTURE OF POSITIVE NETK)RK COMMUNITY PROJECT LIMITED
The trust88s of Po*tive Network Community Pn)iect are well on trad( soliciting for grants,
crowd funding and Contracts. During the Covid-19 our membership ha5 increased by more
than S￿.
FINANCIAL REVIEW
Reserves policy the trustees are aware that a prudent fin8naal management of the charity
requires that some funds are put aside for a "rainy day". After considering the contractual
obligations of th8 ¢harity, such a8 premises and other leasing obligations the trustees
have decided that they would require to hold funds in reserve. ￿U[valent to a minimum of
six months total operating expenditure. This means a total of approximately £50.000 for
the current financial year.
THANK YOU
To all our Staff, volunteers and ￿ppOrterS who have made this ypar successful In this
dmllcuft time.
THANK YOU
To all our partner8 and f￿derS who have sUpp￿ted us throughout the year.. Merton
Giving. London Communty Response FuThl. Immbledon FouThJation, Mercers Company,
Walcot Foundation, Voice4Change and Neighbouty. Fare Share, M&S. Lidl, Aldi, T88CO,
Clty Harvest. Unlty Centre of South London. Merton co￿&1, Wandsworth.
Approved by order of the board of trustees on 26 January 2022 and signed on its behalf
Sarah Abrahams (Chairpffson)
Pg7

POSITIVE NEfv4f)RK COMMUNITY PROJECT UMITED
REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF POSITIVE
NETWORK COMMUNITY PROJECT LIMITED
I repxt on the aco)unts for the yeareTrled 31 2021 set out pages fve to t￿.
vosponsibllllles of trtytees and examiner
The charivs trusl*s Iwtho are algo the directors for the purkw of ts)mpany law) are
resp(x)¥ible for the preparation ofthe accounts. The tharTVs truslees Cons￿￿erthat an audtt 18
not required for this year (under SedM)n 144{2) ofthe Chaiitm AL# 2011 {Ihe 2011 Actll and
that an independent exanination is required.
Havlng 8ati8fied myseff that the tharity is not subpct kn a￿lIt urmder i)ynpany law is
eligible for indepernjent eXaMNWt￿, it is my reskN)nsibilty to..
- e￿rnine the accounts under Sedk)n 145 of1he 2011 Act
- to folbw t1￿ procedures laid in the General DirectK￿$ gi¥￿ by the Chartty
C¢)mmission (under 145(5)Ib) of the 2011 Act).. and
- to ststs whether FortKular matteTS have Come to my attenti￿.
B4818 of the Ind•pendent •x•mlnefs roport
My examinab)n was rarried out in accordance ¥￿1h the General Directions given by the
Ch8rity Commissk)n. An e>3mination includes a rnvvaw of Ihe a¢¢ountng records kept by the
charity and a C￿npa￿On of the atrounts ￿Sentsd with those rg)yds. It also includes
consKleratk>n of any unusual items or disclosures in the acC￿nts, and seekn'ng explanaii¢)n8
from you as trustees concerning any suth matters. The p￿cedureS undertaken ts) not provide
811 the evidence that vKuld be required in an audit. and consequenty no OPIn￿n is given as to
whether the a(xount8 present a Irue and fair ¥iow' the report is limited to those mattet3
set out in th8 8tstements bebw.
Independent examknoV8 8taten*nt In connoctN)n my examinatth, no matter has corr* to
my attention:
(11 whth gi¥*8 me roascffiabb cause to belie¥e tha( in any material reSP￿t, tp
requ1￿ments
- to keep a￿TrtIng records in aC£Ordan￿ with SeCt￿n 386 arwj 387 rA the Compani8s Act
21x16: and to prepare accounts which accord wth the a(￿untIng re￿1￿$, compty with t￿￿
acCount￿g requirements of s￿tions 394 and 395 of the Companies Acl 2¢X16 and with the
metI￿)d3 and principles of the Statement of R￿￿)mmonded PradKe: A￿)UntIr￿ aThl
Reporting by CharitEs
not been met.. or
121 to which, in my cpini(xJ. attention shoukl be dThvn li 0￿er to wble a proper
under8tarKling of the a¢￿￿ts to be rethed.
Pg8

INDEPENDENT EXNA41NER
Charity
¢￿TI￿ng Serv
272 Ke
on H*3h Street
Loryjon W8 6ND
Pg9

POSITIVE NETW￿RK COMMUNrrY PROJECT LIMrrED
STATEME￿ OF FINANCIAL ACTIVITIES (INCORPORATING THE
INCOME AND EXpEND￿uRE ACCOUNT)
FOR YB4R ENDED 31 MARCH 2021
Unrestricted Restricted Total Fund Total Funds
Funds
Funds
2021
2020
INCOMING RESOURCES
Incoming resources from
generating funds..
Actlvities for generating in￿xn0
Voluntsry income
Charitable income
Investrnent income
Donation
2872
2,872
67,919
1486
1,123
102,419
600
1,541
67.919
TOTAL INCOMING
RESOURCES
4358
67.919
72.277 105,683
RESOURCES EXPENDED
Costs of generatlng funds
Costs of generating voluntary
Income
Charitable aetivltl••
Charitable activities
Gov8mance costs
1978
1978
5445
13778
41,175
$4,953
39,284
TOTAL RESOURCE
EXPENDED
15,756
41.175
56.931
44,729
NET INCOMING
RESOURCES
-11,398
.744
15,346
80.954
NET INCOME FOR THE
YEAR
RECONCILIATION OF
FUNDS
Total funds brDught foNiard
98.048
98.048
37,094
TOTAL FUNDS CARRIED
FORWARD
86,650
26744
113,394
98,048
None ol the T￿￿tee5 tr any pws¢M corwaed wth awry remurwtK)n ￿￿Ing thè year. One mwnl)er of
lAarHgem￿l C(Thm#tee was reimbLwsed £2￿) ty travel ex[￿Se5 inuvr8d ty) the charity's Iw8ine$5.
Pg10

The Statwnent of Fin*￿la1 ALImt￿ all gYar6 and losses in the y&v aThJ therefo￿ a stateM￿t
All of the atxm mnts relate to continung *tivit￿S.
Th8 notes on wJes 10 to19 fc¥m pwt d these firwcial Sta￿nts

POSITIVE NETWORK COMMUNITY PROJECT LIMITED
BALANCE SHEET
31 MARCH 2021
FIXED ASSErs
FUNI
FuThJ
2021
2020
FIXED ASSET8
Tangible •J•et•
7628
7626 579.Tr)
CURREKf ASSETS
Debtors & Pffjpaynwts
Cash at ba
3,127
61.892
CREDITORS.. Amounts
falling due within one year
NET CURREKf LIABILITIES
(1,517)
Total assets less current liabiliiies
10,036
10,036 80,954
NEf {LIABILrriE8V ASSETS
10.036
MOVEMENT IN FUNDS
Restricted inc¥￿￿8 lund8
28744
26744 1.853
-11398
-11398
TOTAL FUNDS
INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
Unrestricted Restricted Totsl
funds
lunds 31.03.21
Total
31.03.20
Grants and other in¢omes
HMRC JRS Furlough scheme
wages
The Wfimbledon FoundatK)n
Lunch Club
10
50,712
50,712
17207
17,207
5121
Pg12

Sales of products
other seTViC*S
2872
2872
1123
Charitable activites
1486
4358
1486
72.364 76.722
6fX)
Pg13

The trustees are satisfied that the charity ts errtrtled to exemption from the provisions of
the Companies Act 2006 (the Act) relating to the audit of the financial ststements for the
year by virtue of section 471 (2), and that no member or members have requested an
audit pursuant to section 476(1) of the Act. The trustees acknowledge their
responsibiliiies for:
(i)
ensuring that the charity keeps adequate accounting records which compty
with section 386 of the Act, and
preparing financial sL9tements which give a true and fair view of the
state of affairs of the charty as at ￿ end of the financial year and
of its profit or loss for the financial year in accordan￿ with the
requirements of section 393. and which othetwise comply
requirements of the Act relating to financial statements. so far as
applicable to the charity
Th
ncia
nts *ere approved by the members of the o)mrnittee on the

POSITIVE NEfwoRK COMMUNITY PROJECT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 IslARCH 2021
I. ACCOUfvfflNG POLICIES
B••ls of •ccountlng
The financial Stat￿nts have b*n prepared under ts historical cost convention and
in accordan￿ with Financial Standard for Smaller Entib88 (effective April 2008). the
Companies Act 2008 and the requirements of the Statement of Recommended Practi￿,
Accounting and Reporting by Charitbes.
Incoming resour￿$
All incoming resources are included on the Statement of Financial Activities when the
charity is legalty entiued to the income and the amount can be quantified with
reasonable accuracy.
Resources exponded
Expenditure is accounted for on an accruals basis and h88 been classified under
headings that aggregate all cost related to the category. bfvhere costs cannot be directly
attributed to particular headings they have been allocated to activiti8s on a basis
consistent with the use of resources.
C••h flow 8tatomont
The trustees have laken advantage of the exemption in Financial Reportiro Standard
No 1 (revised) from induding a ￿sh flow statement in the financial statements on the
grounds that the charity is small. Grants receNed are accoijnted for on an accrual basis.
Netb'ng off of income and expenditure, incoming resources and outgoing expenditure
are accounted for without any netting off of expenditure against incorne.
Flxed assets
All fixed assets are initialty recorded at cost.
Depreclatlon
Depreciation is calculated so as to write off th8 ¢QSt of an asset. less its estimated
residual value, over the useful economic life of that asset as follows:
Motor van
Plant & Machinery
Fixtures & Fittings
Equipment
-25% reducing balan
-150/0 reducirKJ balan
-15% reducing balan
-15% reduarffJ balan
Pg11

I VOLuKfARY INCOAIE
Unrestricted flmds can b8 used in 4ccx)rdan￿ vthh tF* tharitable obpdives at th8 discretion of
the trustw.
Restricted fvnds can mly be used for partiojlar restriGled pjrposes within the obje(ts of the
arity. Restrictions arise Specffi￿d by donor or when funds ar8 raised for partI￿lar
restricted purws8s. There are no ¢utTently any r8strided funds held. Futther explanation of the
nature and purpose of each fund is induded in the notes to the financial statements.
Pg16

POSITIVE NETWORK COMMUNITY LIMITED
NOTES TO THE FINANCIAL STATEMEKrs
YEAR ENDED 31 MARCH 2021
3. INVESTI￿NT INCOkE
2Q21
2020
Inveslment receivablelreward
1541
4. NET INCChMINGI{OUTGOING) RESOURCES
Net re￿U￿$ are ststed after thargligll￿edi1[ng)'. 15.346
2021
2020
12,949
Trustees. remunerntion or other b￿offl8 fvjr the yew ended 31 March 2021
TANGIBLE FIXED ASSETS
Motor Van Fixtures and Flth'NJs Computer Total Funds
Equipment
COST
At 1 Aprll 2020 and 31 March 2021 11.745
5238
18,981
4119
5236
9355
At March 2021
DEPRECIATION
At 1 ￿)ri12020
Ch8Tge for the year
At 31 March 2021
NET BQOK VALUE
At 31 March 2021
7626
At 31 March 2020
11745
5236
Pg17

NOTES TO THE FINANCIAL STATEMENT4orrtlnuod
FOR THE YEAR ENDED 31 MARCH 2021
7. DEgfoRS." AhWXJP￿S FALLI￿ LXJE V¥TfHIN ONE Y8AR
21
8. CREDITORS.. AMOUNT FA￿￿ WE IMTHIN ONE YEAR
Van kja￿ & loans
1517
MOVEMENT IN FUNDS
Unr••trt¢t•d fund•
Net movement
At 1.420 In fvnds At 31.3.21
General fund
Re8trlctod fund•
Rest[tt￿l fund
62.807 -11398 51409
26744 267M
Incomirvj
Rewurces
Resource$
experKl&l
Movement In
funds
Unrestrlcted fvnd8
15756
-11398
72,2TI
56931
15346
Unrestrictsj Restn"cbJ
Total
funds
fijnds 31.03.21
Total
31.03.20
Grant¥ and other Incom￿..
Merton Giwng
1Mmbl*j￿ FOundat￿n
LCR
50C
4445
s￿10
8695
8950
M8rcet8
MIND
Voice4Change
Voice4Change
Merton Giwng
LB Wand5WOrth
HMRC JRS Furkwth S(*￿￿ wages
89SO
9950
10
5000
2672
17.207
2672
17,207
Pyi$

Lurth Club
Sales of producls
Other services
Charilable activrt
5121
1123
2872
2872
6LN)
"Lunth Club's is nil as the pandem￿ prevetrted any orWa￿.
SUPPORTING OUR COMMUNITY
Pytg