2024-04-30-accounts

Positive Network Community Project

Annual Report and Accounts: 2023/24

Contents

Reference and Administrative Details ................................................................................................................ 3 Trustees Report 2023/24 ................................................................................................................................... 4 Objectives and Activities .................................................................................................................................... 4 Beneficiaries ...................................................................................................................................................... 4 Our Impact: Mission, Vision, and Achievements ................................................................................................ 6 Challenges & Lessons Learned ......................................................................................................................... 9 Looking Ahead: Goals for 2024/25 ...................................................................................................................10 Independent Examiner’s Report to the Trustees of Positive Network ................................................................11 Positive Network in 2023/24 at a Glance ..........................................................................................................12 Statement of Financial Activities .......................................................................................................................13 Balance Sheet ..................................................................................................................................................14

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Reference and Administrative Details

Trustees: Sarah Abrahams (Chair) Paul Hayward (Treasurer) Stewart Salmon (Secretary) Thelma Simpson (Member) Eileen Goedluck (Member) Richard Okerchiri (appointed January 2024) Registered Office: 2-4 Ravenstone Street Balham London SW12 9SS Company Registration Number: 08149526 (England and Wales) Charity Number: 1101803 Independent Examiner: Esther Bello-Adekola Duke of Wellington Avenue London SE18 6NP Bankers: Unity Trust Bank Plc Four Brindley Place Birmingham B1 2JB

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Trustees Report 2023/24

The trustees, who are also directors for the purposes of company law, have pleasure in presenting their report with financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provisions of the Statements of Recommended Practice (SORP) Accounting and Reporting by Charities issued in March 2005.

Reference and Administrative Details

Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 3 of the financial statements.

Structure, Governance and Management

Positive Network Community Project is a company limited by guarantee number 08149526 and a registered charity number 1101803. The company was incorporated on 19 July 2012.

Recruitment and appointment of new trustees

The Board of trustee’s members (aka Management Committee members) are elected at the Annual General Meeting (AGM) held by the organisation once every year. The Executives are able to co-opt new members during the year.

Risk Management

The Board of Trustees undertake a review of all the major risks, both internal and external, to which the organisation is faced with rigorous monitoring. Feedback systems have been put in place that make it possible to analyse every aspect of the organisation’s operations and activities, including the sound management of its finances. While these systems might eventually indicate internal risks to the Management Committee, they have to follow events independent of the Charity to identify possible risks, most of which usually relate to the loss of funds.

Objectives and Activities

The objectives of the charity, as stated in its Memorandum and Articles:

• • The provision of advisory services on Education and Social services to people of all ages, disabilities, social and economic backgrounds.
• • To provide and improve the conditions of the life of vulnerable individuals through the provision of social welfare, recreational and leisure facilities.

Beneficiaries

• • People who use our services – around 37,800 yearly.

• 4 Their families, carers and advocates.

• The wider communities we work in, especially vulnerable people within them.

Reserves Policy

The trustees are aware that a prudent financial management of the charity requires that some funds are put aside for a “rainy day”. After considering the contractual obligations of the charity, such as premises and other leasing obligations, the trustees have decided that they would hold funds in reserve, equivalent to a minimum of six months total operating expenditure. This means a total of approximately £45,000 for the current financial year.

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Message from the Chairperson

Dear Friends, Partners, and Supporters,

Reflecting on the past year, we are reminded of the transformative power of collaboration, resilience, and community spirit. The years 20232024 have been pivotal for the Positive Network Community Project (PNCP) as we expanded our reach, deepened our impact, and strengthened the ties connecting us to our communities.

Through strategic partnerships, impactful programs, and community-driven events, we have empowered individuals, celebrated milestones, and advocated for positive change. While we face challenges, we remain committed to our mission and continue to seek sustainable solutions to serve our community better.

This report outlines our achievements, challenges, and the unwavering commitment of our team, partners, and volunteers. Thank you for standing with us and building a brighter future.

Sarah Abrahams Chairperson

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Our Impact: Mission, Vision, and Achievements

About Us

Programs & Initiatives Community Health Outreach

• Provided health awareness campaigns and free screenings , reaching 200 individuals .

• Launched mental health support groups , benefiting 100 participants .

Educational Workshops

• Conducted 12 workshops on financial literacy, digital skills, and career development.

The Positive Network Community Project (PNCP) was established to empower individuals, foster inclusivity, and create opportunities for underserved communities. Through education, mentorship, and resource-sharing, we aim to build stronger, more equitable neighbourhoods where everyone has the chance to thrive.

Mission Statement

Empower communities through collaborative initiatives promoting education, well-being, and socioeconomic growth.

Vision Statement

• Partnered with local businesses and organisations to promote environmental sustainability initiatives , including recycling and waste reduction .

Community Impact

• 40% increase in community engagement compared to the previous year.

• 65% of program participants reported positive feedback, showcasing our commitment to addressing community needs.

Community Events & Celebrations

A world where communities are resilient, inclusive, and connected.

Key Achievements in 2023/24

PNCP takes pride in fostering community through cultural, historical, and social events. In 2023/24, we successfully hosted:

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King’s Coronation Celebration (August 2023) : In partnership with Merton Council , we organised a three-day community celebration at Mitcham Fair Green to mark the King’s Coronation. The event was well attended and fostered strong national pride and unity.

• Stella’s 93[rd] & Monica’s 88[th] Birthday Celebrations – Honoring cherished community members.

Milestone Celebrations:

• Noel and Beryl Palmer’s 60[th] Wedding Anniversary – They received a special congratulatory message from the King and Queen.

Cultural & Heritage Events

• Pauline Slater’s 101[st] Birthday – A genuinely inspiring moment celebrating a life well-lived.

Windrush Exhibition – “Britain Called and We Answered” in partnership with photographer Steve Reeves , honouring the contributions of the Windrush Generation.

Maritime Museum visit in Greenwich to support their Windrush celebrations and educate attendees on the historical significance of the Windrush Generation.

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Unveiling of “Sankofa’s Journey” Mural – A powerful artwork by Ken McCalla , erected on the Unity Centre building , symbolising the resilience and legacy of the African and Caribbean community.

Community Engagement and Social Gatherings:

I met Rudolph Walker at Fairfield Halls in Croydon during the High Tea event, a memorable occasion for our members.

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Challenges & Lessons Learned

Despite our successes, PNCP encountered several challenges, including:

• Limited funding for expanding key programs.

• Increasing demand for mental health services, surpassing available resources.

Lessons Learned:

• Adaptability is key – We implemented creative solutions to maximise our impact within existing funding.

• Collaboration strengthens our efforts – Working with new partners and stakeholders allowed us to enhance program delivery.

• The need for long-term sustainability – We recognise the urgency of securing

• consistent funding sources to meet growing community needs.

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Looking Ahead: Goals for 2024/25

Building on our achievements, we have set ambitious goals for the upcoming year:

• Expand Program Reach : Increase participation in our Elders’ programs , Youth Empowerment initiatives , and Health Outreach services .

• Strengthening Partnerships : Collaborate with at least four new organisations to broaden our impact and resource-sharing capabilities.

Your generosity and collaboration make our work possible.

• Our Volunteers and Staff – Your dedication, passion, and tireless efforts are the foundation of PNCP’s success.

We are grateful to all who participated, contributed, and supported our mission throughout the year.

• Sustainable Growth : Secure long-term funding to ensure continued support for existing and future programs.

• Focus on Mental Health : Launch new mental health resources and explore hiring trained professionals to address the growing need for mental health support .

Acknowledgement

We extend our deepest gratitude to:

• Our Donors, Partners, Sponsors, and Stakeholders

Final Thoughts

This Annual Report serves as a testament to the incredible strides made by PNCP in 2023-/24. As we look forward to another year of impact, we remain committed to building a connected, empowered, thriving community .

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Independent Examiner’s Report to the Trustees of Positive Network

I report to the charity trustees on my examination of the accounts of Positive Network (the charitable company) for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

The company’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants (ACCA).

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or

• the accounts have not been prepared in accordance with the Charities SORP (FRS102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Esther Bello-Adekola Duke of Wellington Avenue London SE18 6NP

11 February 2025

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Positive Network in 2023/24 at a Glance

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----- Start of picture text -----
TOTAL INCOME: £103K
2020 2021 2022 2023 2024
£105,683 £103,384
£72,277
£45,228
£31,258
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TOTAL EXPENDITURE: £90K

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----- Start of picture text -----
2024 £90,400
2023 £34,389
2022 £85,215
2021 £56,931
2020 £44,729
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Positive Network Statement of Financial Activities

For the Year Ended 31 March 2024 (incorporating an income and expenditure account)

		Unrestricted	Restricted		Unrestricted	Restricted
		funds	funds	Total	funds	funds	Total
		2024	2024	2024	2023	2023	2023
	Note	£	£	£	£	£	£
Income from:
Donations and legacies		-	-	-	-	-	-
Charitable activities	4	-	103,384	103,384	-	31,258	31,258
Investments		-	-	-	-	-	-
Other		-	-	-	-	-	-
Total income		-	103,384	103,384	-	31,258	31,258
Expenditure on:
Raising funds		-	-	-	830	-	830
Charitable expenditure		19,406	70,993	90,400	8,761	24,798	33,559
Total expenditure		19,406	70,993	90,400	9,590	24,798	34,389
Net surplus/(deficit) on operations		(19,406)	32,390	12,984	(9,590)	6,460	(3,131)
Transfers between funds		-	-	-	-	-	-
Net movement in funds		(19,406)	32,390	12,984	(9,590)	6,460	(3,131)
Reconciliation of funds:
Total funds at 1 April 2023		38,002	32,275	70,276	47,592	25,815	73,408
Total funds at 31 March 2024		18,595	64,665	83,259	38,002	32,275	70,276

All amounts relate to continuing operations. All gains and losses recognized in the year are included in the Statement of Financial Activities (SoFA).

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Positive Network Balance Sheet

As at 31 March 2024

		2024	2024 2023
	Note	£	£ £
Fixed Assets
Intangible assets		-	- -
Tangible fixed assets	5	3,217	3,217 4,290
Total fixed assets		3,217	3,217 4,290
Current Assets
Debtors and prepayments		-	- -
Cash and short-term deposits		80,043	80,043 68,513
Total current assets		80,043	80,043 68,513
Creditors: amounts falling due within one year	6	-	- (2,526)	(2,526)
Net current assets		80,043	80,043 65,987
Total assets less current liabilities		83,260	83,260 70,276
Creditors: amounts falling due after more than one year		-	- -
Provisions for liabilities		-	- -
TOTAL NET ASSETS		83,260	83,260 70,276
FUNDS FOR THE CHARITY:
Restricted funds		64,665	64,665 32,275
Unrestricted funds		18,595	18,595 38,002
Total funds		83,260	83,260 70,276

The Charity’s net movement on funds for the year was an increase of £12,984 (2023: decrease of £3,131). The financial statements were approved by the Trustees on 20 February 2025 and signed on their behalf by

Sarah Abrahams, Chair

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