2022-03-31-accounts - Nwg Network

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

					Pages
Trustees' annual report (incorporating the		director's	report)		1to 6
Independent auditor's report to	the members				rto 12
Statement offinancial activities	(induding	income and expenditure		account)	13
Statement offinancial position					14
Statement ofcash flows					15
Notes to the financial statements					16to 26
The following pages do not form part of the financial statements
Detailed statement offinancial	activities				26to 29
Notes to the detailed statement	offinancial	activities			30

Registered	charity	name	name	NWG Network
Charity registration		number		1125832
Company	registration		number	06557851
Principal office and		registered		Suite 1 Innovation	House
office				East Service Road
				Raynesway
				Derby
				DE21 7BF
The trustees
				RCadman-Jones
				M Haughton			(Retired 23 March 2022)
				G M BNicholson			(Retired 23 March 2022)
				SA Rose
				C Lewis
				JStorer			(Retired 23July 2021)
				N Jones
				Dr C Harris
Auditor				Allen, West and Foster		Limited
				Chartered Accountants		&statutory	auditor
				Omega Court
				364-366Cemetery	Road
				Sheffield
				6118FT

					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note		6	5	5
Incoming resources
Voluntary income			5	164,854	408,342	573,196	897,454
Investment income			6	51		51	157
Other income			7				10,239
Total income				154,905	408,342	573,247	707,850
Expenditure
Expenditure on raising funds:
Costs ofgenerating		voluntary
income			8	3,144	13,175	16,319	18,532
Expenditure on charitable		activities	9,10	227,290	427,165	654,455	560,344
Other expenditure			12	(750)		(750)
Total expenditure				229,584	440,340	670,024	578,878
Net (expenditum)/income				(84,779)	(31,998)	(96,777)	128,974
Transfers between	funds			75,354	(75,354)
Net movement in	funds			10,575	(107,352)	(96,777)	128,974
Reconciliation of	funds
Total funds brought	forward			250,094	230,650	480,744	351,770
Total funds carried forward				260,589	123,298	383,967	480,744

31 March 2022
			2022		2021
			6	8
Fixed assets
Tangible fixed assets		17		2,929	3,905
Cunent assets
Debtors		18	44,709		15,025
Cash at bank and in	hand		422,580		5'i0,115
			467,289		535,042
Creditors: amounts	falling due within one year	19	86,251		59,203
Net current assets				381,038	475,839
Total assets less current liabilities				383,967	450,744
Net assets				383,967	450,744
Funds ofthe charity
Restricted funds				123,298	230,550
Unrestricted funds				260,669	250,004
Total charity funds		21		383,967	450,744

Year ended 31March	2022
				2022	2021
					8
Cash flows from operating		activities
Net (expenditure)/income				(96,777)	128,974
Adjustments for.
Depreciation oftangible	fixed assets			976	1,302
Other interest receivable	and	similar income		(51)	(157)
Interest payable and similar charges				737	837
Accrued expenses				36,703	24,312
Changesin:
Trade and other debtors				(27,763)	11,201
Trade and other creditors				(11,655)	(24,478)
Cash generated from operations				(95,650)	141,791
Interest paid				(737)	(837)
Interest received				51	157
Net cash (used in)/from	operating activities			(96,536)	141,311
Net (decrease)/increase	in	cash and cash	equivalents	(96,536)	141,31'/
Cash and cash equivalents		at beginning	ofyear	519,116	377,805
Cash and cash equivalents		at end ofyear		422,560	519,118

5.	Voluntary	incom	e
						Unrestricted	Restricted	Total Funds
						Funds f	Funds 8	2022 6
	Donations
	Donations					1,284		1,284
	Grants
	Grants					54,877	408,342	463,019
	Subscriptions
	Operational	scrutiny
	Other donations		and legacies
	Membership	fees				17,611		17,611
	Conference	and seminar		receipts		15,748		15,748
	Consultancy	fees				27,132		27,132
	Awareness	literature				727		727
	Commissioned work					47,875		47,675
						184,854	408,342	573,196
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
	Donations
	Donations					2,488		2,488
	Grants
	Grants						644,108	644,108
	Subscriptions
	Operational	scrutiny				8,032		8,032
	Other donations		and legacies
	Membership	fees				16,585		f6,585
	Conference	and seminar		receipts		1,374		1,374
	Consultancy	fees				24,781		24,781
	Awareness	literature				108		106
	Commissioned work
						53,346	644,108	697,454
6.	Investment	income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
					8	5	2
	UK bank interest receivable				51	51	157	157

7.	Other income	Other income
								Unrestricted	Total Funds	Unrestricted	Total Funds
								Funds f	2022 6	Funds f	2021 5
	Other income									10,239	10,230
8.	Costs of	generating		voluntary		Income
									Unrestricted	Restricted	Total Funds
									Funds f	Funds 5	2022 6
	Costs ofgenerating			voluntary	income				3,144	13,175	16,319
									Unrestricted	Restricted	Total Funds
									Funds	Funds	2021
									6	f	5
	Costs ofgenerating			voluntary	income				12,516	6,016	18,532
9.	Expenditure		on charitable		activities		by	fund type
									Unrestricted	Restricted	Total Funds
									Funds 6	Funds 8	2022 f
	Charitable	activities							91,217	421,341	512,559
	Supportcosts								136,073	5,824	141,896
									227,290	427,165	654,455
									Unrestricted	Restricted	Total Funds
									Funds	Funds	2021
									6	2
	Chadtable	activities							(71,434)	532,806	461,371
	Support costs								92,896	6,076	98,973
									21,462	538,882	560,344

Expenditur	e	on charitable ac	tivities by activity type
			Activities
			undertaken		Total funds	Total fund
			directly	Support costs	2022	2021
			6		6
Charitable	activities		512,559	133,583	646,142	551,805
Governance		costs		8,313	8,313	8,539
			512,559	141,896	654,455	560,344

11.	Analysis	ofsupport c	oets
								Analysis		of
								support costs
									activity	1	Total 2022	Total 2021
									6		6		6
	Premises								133,584		13$,584	90,434
	Finance	costs							8,313		8,313		8,539
									141,897		141,897	98,973
12.	Other expenditure
						Unrestricted		Total Funds			Unrestricted	Total	Funds
						Funds			2022		Funds		2021
									6
	(Gain)/Loss on disposal		oftangible
	fixed assets held for charity's			own	use	(750)			(750)
13.	Net (expenditure)/income
	Net (expenditure)/income		is stated		after charging/(crediting):
											2022 6		2021f
	Depreciation oftangible		fixed assets								976		1,302
	Gains on	disposal oftangible		fixed	assets						(750)
14.	Auditors	remuneration
											2022		2021
													5
	Fees payable for the audit of			the financial		statements					6,600		5,500
15.	Staffcoats
	The total	staff costs and	employee		benefits for the		reporting		period	are	analysed as	follows:
											2022 8		2021 f
	Wages and salaries										390,842	384,705
	Social security costs										36,007	34,589
	Employer	contributions	to pension		plans						9,128		8,859
											435,977	428,253
	Included	within wages and salaries			is redundancy		costs	offNil (2021:28,144).

17.	Tangible fixe	d assets
			Motor
			vehicles	Total
			5	8
	Cost
	At 1Apr 2021 and 31 Mar 2022		10,098	10,098
	Depreciation
	At 1 Apr 2021		6,193	6,193
	Charge for the	year	976	976
	At 31Mar 2022		7,169	7,169
	Carrying amount
	At 31Mar 2022		2,929	2,929
	At 31 Mar 2021		3,905	3,905
18.	Debtom
			2022	2021
	Prepayments	and accrued income	23,080	4,397
	Other debtors		21,629	12529
			44,709	15,926

Creditors: amounts f
	2022	2021
	0
Trade creditors	9,479	13,299
Accruals and deferred income Social security and other taxes	70,720	32017 8,'900
Other creditors	6,052	4,987
	86,251	59,203

Unrestricted funds
						At
	At	1 Apr2021	Income f	Expenditure	Transfers 5	31Mar2022 6
General funds		250,094	164,905	(229,684)	75,354	260,669
						At
	At	1 Apr 2020	Income	Expenditure	Transfers 5	31 Mar 2021 f
Generalfunds		220,330	83,742	(33,978)		250,094

Restricted funds
						At
	At1 Apr 2021		Income f	Expenditure 6	Transfers f	31 Mar 2022 6
John Laing			43,083	(43,083)
Sports England		10,000	200,000	(110,000)		100,000
Esmee Fairbairn		145,296		(145,296)
Samworth			50,000	(50,000)
Samworth Digital
Investment		48,687			(48,687)
Trilateral Funding			2,850	(2,850)
Bromley Foundation
National Lottery			60,325	(37,027)		23,2$8
HMRC Furlough
Other
Samworth Extra		26,667			(26,667)
Sports England - SCiMA			52,084	(52,084)
		230,650	408,342	(440,340)	(75,354)	123,298
						At
	At	1 Apr2020 6	Income f	Expenditure 6	Transfers f	31 Mar 2021 6
John Laing			16,917	(16,917)
Sports England		10,000	197,372	(197,372)		10,000
Esmee Fairbaim		121,440	183,461	(159,605)		145,296
Samworth			50,000	(50,000)
Samworth Digital
Investment			48,687			48,887
Trilateral Funding			9,190	(9,190)
Bromley Foundation			5,000	(5,000)
National Lottery			75,587	(75,587)
HMRC Furlough			28,596	(28,596)
Other			2,631	(2,631)
Samworth Extra			26,667			28,667
Sports England - SCiMA
		131,440	644,108	(544,898)		230,650

22.	Analysis ofnet a	sse	ts between funds
				Unrestricted		Restricted	TotalFunds
					Funds 6	Funds f	2022 8
	Tangible fixed assets				2,929		2,929
	Current assets				257,740	123,298	381,038
	Net assets				260,669	123,298	383,967
				Unrestricted		Restricted	Total Funds
					Funds	Funds	2021
					6	6	6
	Tangible fixed assets				3,905		3,905
	Current assets				246,189	230,650	476,839
	Net assets				250,094	230,650	480,744
23.	Analysis ofchanges		in net debt
							At
				At	1 Apr 2021	Cash flows	31 Mar 2022
					6	K	6
	Cash at bank and	in	hand		519,116	(96,536)	422,580

Year ended	31March 2022
		2022	2021
			5
Incoming resources
Voluntary	income
Donations Grants		1,284 463,019	2,458 044,'108
Operational	scrutiny		8,032
Membership	fees	17,611	18,585
Conference	and seminar receipts	15,748	1,374
Consultancy	fees	27,132	24,781
Awareness	literature	727	100
Commissioned work		47,675
		573,196	507,454
Investment	income
UK bank interest receivable		51	'157
Other income
Other income			10,230
Total income		573,247	707,850

Detailed Statement of	Detailed Statement of	rdnanclal	Activities /cosaocec
Year ended 31 March		2022
					2022	2021f
Expenditum
Costs ofgenerating	voluntary		income
Seminar costs						3,294
Cost ofresources					16,319	15,238
					16,319	18,532
Expenditure on charitable activities
Wages and salaries					390,842	384,705
Employer's NIC Pension costs					36,007 9,128	34,889 8,'889
Rent					30,330	28,580
Repairs and maintenance					9,336	14,548
Insurance					6,436	5,888
Other motor/travel costs					2,033	4,631
Legal and professional		fees			76,069	31,687
Telephone					2,628	2,711
Other office costs					3,287	1,171
Depreciation					976	1,302
Other interest payable	and similar		charges		737	537
Sundries					10,750	10,381
Promotion and communications					5,090	2,090
Knowledge Management						1,320
Training costs					6,063	5,823
IT support and web development					64,753	22,752
					654,455	580,344
Other expenditure
(Gain)/Loss on disposal		oftangible fixed assets held for charity's		own use	(750)
Total expenditure					670,024	578,878
Net (expsnditum)/income					(96,777)	128,974

Notes to the Detailed	State	men	t of Financial Activities
Year ended 31 March	2022
				2022 6	2021f
Costs ofgenerating	voluntary		Income
Costs ofgenerating Seminar costs	voluntary		income		3,294
Cost ofresources				16,319	15,238
				16,319	'i8,532
Costs ofgenerating	voluntary		income	16,319	18,532
Expenditum on charitable		activities
Charitable activities
Activities undertaken	directly
Wages				390,842	384,705
Employer's NIC Pension costs				36,007 9,128	34,580 8,889
Motor and travel expenses				2,033	4,631
Legal support				69,459	25,007
Promotion and communications				5,090	2090
Knowledge management					1,320
				512,559	451,371
Support costs Rent, rates and water				30,330	26,580
Equipment costs insurance				9,336 6,436	14,548 0,688
Telephone				2,628	2,711
Postage and stationery Sundries				3,287 10,750	1,171 10,351
Training costs				6,063	5,523
IT support and web development				64,753	22,752
				133,583	90,434
Governance costs
Audit fees				6,600	5,000
Depreciation				976	1,302
Other finance costs				737	037
				8,313	8,539
Expenditure on charitable		activities		654,455	550,344