COMPANY REGISTRATION NUMBER: 06557851
CHARrfY REQISTRATION NUMBER: 1125fj32
NWG Network
Company Limlted by Guarantee
Financlal Statements
31 March 2024
ALLEN, WEST AND FOSTER LIMrrED
Chartered Accountants & statutory audltor
Omega Court
364-366 Cemetery Road
Sheff lèld
S118Fr

NWG Network
COm￿nY Llmli•d by Gu•r•nt••
Fln•n¢lal StatsmMI•
Yoar énded 31 March 2024
Tru8tee8' annual report IhcorporatlTrJ the dir8ctorf$ report)
1107
Independ8nt audllorfs rgport k• the mafflbèrs
Statemant ol linan¢lal act1vl1l￿ IlncludSng incom• and •xp•ndllur• account)
8t0 13
14
Statement of Ilnanclal posltlon
sktqment of cash flow8
15
Notes to the flnanGial stalemenl8
171025
Tho lollowlng p•g•• do not lomi part of lh• flnmelil •lal•m•nt•
D8tallad 81atement of Ilnanclal aotMtIg8
27to28
Not08 to the d?talled statement of financlal act1￿10$
29

NWG Network
Company Llmlted by Guarant••
T￿￿1￿1. Annual Aeport (Incorporatlng th• Dlr•thorf4 Report)
yo￿ •nd•d 31 March 2024
The Irustees, are also Ihe dlreclors for Ihe purposes ol company law, prgsent thelr report and Ihe
flnanclal slat8ments of the Gharlty for Ihe year anded 31 MarGh 2024.
Rof•ronce And admlnl$iritlvo detalls
R•gl$i•r¢d chirlty n•m•
Charlty ragl•iMtlon nurn￿r
NWG Network
1125632
Company wgl•lratlon numb•r 06557851
Prlnclp•l offle• knd r•gl•t•rad Suita 1 Innovation Hou80
offlo•
East SeNlca Road
Rayne8way
Derby
DE2178F
Tho lrn•i•••
R Cadman.Jones
SARose
N Jona6
Or C Harrls
K Woodward
G Palmer MBE
K Flanagan
(Rotlrod 7 Decgmbor 2023)
(Rellred 12 May 20231
(Appolnted 8 Decembgr 2023)
Audllor
Allen, Wast and Foster Llmlted
Chartered Accountants & 3tatulory audllor
Omega Court
364-366 Cemeiery Road
Sheffleld
S118

NWG Network
company Umll•d by auoranl••
Tru•te••' Annual Reporl (Incorporallng Iho DIre￿o￿$ Roport) (conllnv•d)
Y•ar endod 31 March 2024
8lruclur•¥ govgm•nce and manAg•m•nt
Gov•rnlng documont*
NWG is consliluled as a company Ilmlled by guarantee, Incorporated on 7th April 2008. The work ol the
charlty Is govorned by the Memorandum and Artlcles ol A8soclalion whlch were updated In Aprll 2015.
R•crullrn•nt and •ppolnlm•nt ol now truJt•
A dlrector (WI￿ also seNes a8 a tru8t•a arnl management group membgrl must ba aged 18 years or older.
Directors are appolnted al tha Annual General Meetlng or ty Iho olher dlr8clor8. The Artlcles ol
A8$oclatlon contalng Iho nom7al explanallon of Iho dut188 Involved. At each Annual General Meeiro, ono
Ihird ot Ihe directors, or, If Ihelr numbai Is nol 3 or a multlple of 3, the number nearest lo one Ihlrd, must
réure from offlce by rotation. Flellrlng direclors can sland lor reappointment agaln 11 they w18h to do so.
How8ver a trustee can only stand for 3 consecutlve lerm8, Should thoy wlsh to return they eAn Stand lor
reappolntrnont after a 12 month period. Potenllal dlrectors could be idonlified by pernonal
iecommendatton, or by advert181ng the vacancy vla the rnabliTrJ list.
M•mbw•hlp Structur•
The NWG Nefriork18 mada up of professlonals who are Indlvlduals, organSsatlon5 and projoct8 who work
with young peo￿8 at r18k of, or affected by, chlld exploltatEon, or those undertaking pollcy and research
work In thls araa.
There18 0 Ilxad fee struclure for Individuals and projects allowing full paylng momber8 access to whole
websll•.
Rl•k M•nag•moni
The trustees have a duty to Identlfy and revlew the risks to whlch the charSlablo company IJ exposed, and
to ensure that approwlale controls arg In plac8 to provlde reasonablg assuranca agalnst fraud and error.
The Iru8tees undertake thls duty through lh8 malntgnwK9 Qf a rl8k r8gi$ter which 16 updated on an
owlng bas18. The entlre reglster Is iwlgwod on an annual ba818.

NWG N8twork
Company Llmll•d by Guar•nl••
Trn8l•M' Anftu￿ R•port (InGoTporallng th• Dlroctofa R•port) (¢OMllnu•d)
Y•Av •nd•d 31 Uarch 2024
ob￿dIV￿ and •ctlvlth8
The charftles objects are to promotè. enable, supwrt and d8V8Iop th8 proleetion of chlkjren a￿1 young
people who are affected by Sexual exploltalk>n, human trafflcklng and modem 61avery and ihe relief In
need ol suoh persons affected In such parts of ihe Uniled Klngdom Of the world as ihe Directors Irom Ilma
lo timo may Ihlnk Ilt, In partlcular bul noi oxclusivoly by:
provldlng a forum for proj8Cts or organlsallons concerned wilh thé r•llo1 ol chlldren and young poopl•
who arg suherlng b8cause of Sexual exploltaiK>n, modern slavery,.
provSdlng links into ¢urrenl research, pollcy and project developmenls wfthln the field of sexual
oxplollation, modern slavery ol chlldren and young peopl8 and offerlng opportunlty for •xampl•8 ol good,
bad and daveloping practice to be Shar￿ and dlscussed:
ancouraglTrJ the coordlnation of dlffer•nt approache$ and alrnlng to contrlbute to tho dovelopmont ol a
coordlnaled policy and practke concarnlno children and young people at r18k of or 8uflerlng sexual
explollatlon, mod8rn 81avery .
- encouraglng a chlld cenlred practic8 that rKognlse8 and respeci8 dlver8Ity,'
- dovgloprng an approprlate 8UPPOrt nglwoth lor 88r¥lce8 Work1￿ chlldren and younq people ai rlsk ol
or experlenclng soxual explollatlon, modern Slavery;
. onabllng Ihe Charlty to be heard a4 a co116Clivo group of projects and organl8atlon8 working In the Ileld of
88xual explollation, modern slavery;
- asslstlng In Ihe eradlcatlon of the Boxual explollatlon and modern 81avory of chlldren and ￿jnO pgople
Publlc 8•n•tii
Our alms and obj•ctiv•s lall wlthin the doscrwion of the charitable purp0808 8gt out In tho Charitles Act
2006. The very nalure of tha alms and objectlve8 Is, we bellove, 5811 evldontly open, outward looking and
dusive. and therefore tor the publlc banalil. The dlreclors have pald du8 reoard lo guldance Issued by
the Charlty Comm1831on In decldlng what actlvitlos tha charity should undertako.
D•lallJ ot •ctlvltl•• und•rtak•n to furth•r th• alm• and obhcllv••
Thè NWG is a unlque organ18allon In Ihal it Is Ihe only tx)(ty whlch represents and directfy supports all
those who woth wilh sexually explolted chlldren and Y￿ng peoplo. A lull range ol NWG meetlngs,
aclfvlties and training events look place over Ihe lasl yaar. The NWG rom￿n3 the only UK wide nelwork In
contact wlth all provlders of chlhj exploitallon seNSces and wlth an in4eplh knowledge of provlslon across
the country. Ong ol It8 key 8trenoth8 has been Ils ab115ty lo unlte extr8m8ly dlverse servlces (our
membarship cov9rs slatutory, voluntary and privato sfjGtor organlsatlons, generlc and speclallst youth
provi8ion, chlld proteGllon organ18atlon8, research, policymakers and fronlllne practition*8> to work
togother effoctiv•ly In thls area.
We have Gontlnued to work wllh governrnent departments through working groups and roundlable events.
Indlvldual meellngs wlth a range of teams worklng on dlfforent aspects of Child Exploltallon and Ifafflcklng
wlthin the UK.

NWG Network
coM￿nY Llmltèd by Guarant•
Tru•le81' Annual R•port (Incorporallng tho Dlr•etofa Report) (oonthwrfdj
Yow end•d 31 March 2024
Aehl8v•ments and p•rtorman¢o
The past fow y8ars have been Some of the most challengino lor chlldren and famllles posl pandemic. the
rise In c061 of living sees many lamilles slruaglwva. the 8urge in Internel groomlng durlng and post the
pandernt and the new emerglng trend In Al rnakes a more piecarious world lor chiklren and young people
to grow up in.
As ever, w• seek t¢ pr8v8nl and dlsrupt child expk)Ilatlon and lo support and respond 10 the needs of
Ihose worklng wlth chlldren and younq poople who arè al rl8k or subjecl lo exploltatk)n. Thls y8ar saw us
celebrate Dur Naiional Exploltatlon Awareness Day8 1 Oth year, th8 success of thi8 Inltlative has se8n the
day embedded Sn LoeAI Authorlty, Pollcln9 and Ihlrd sector plan8. wlth many areas runnlng week long
awareness campaigns. Over 15,000 individuals and organ18ation8 acc8ss8d Ihe campalgn matarlal. It
wlth greal ploaguro we watch the natlon conllnue to 8UPPOrt th16 day and roflect on our ovgrseas followers
laklng part loo.
Theie WOf• over 27,000 vlslts lo our websllè wlth our Knowled98 Hub belng vory popular with alm￿1
119,(KIO downloads ovér the year. The most popular downloads are Ihe chlld exploltalion disruptlon toolkit,
Ihe CE Awareness Day vkyeos, posters and aBSgts to promote the campaign. 7 mlnute brlefing8 and the
Focus on Faffll4es wJsets,
We held our tirst In person Annual Conference Ihis year slnce the pandemlc In Sheflleld and were
Immensely pleased to welcome many ol our exlgllng and new networf( colle&9U85 to hear from gxcellenl
sp8akers on a rango ol subloct6 all focused on redu¢lng arKI ellmlnatlng tha exploltallon of Ghltdren and
g people.
Th59 year we hosted several événts that brought lionuine praciiwoners closer to dec151on maker8 throu
consultation event8 allowln9 IICSA Changomakers and lh& Dgpartmqnt of Edu¢aiion to hear rnoie ol the
nuart86 01 worklng frontllne wlth young peoplo and the Impaot Mandatory Reporting would make. We al80
hald an event lo consult wllh our nelwork on the Onllne Harffls Consultatlon. All events were well attend8d
and gUCC•S8ful.
To mark Interfalih weak, w8 heky a sp8clal cr08s seclor event to sharn oood practlce, foGuging on Poslllon
of Trust lor iho sport and falth sector.
WO ¢ontlnu• to attend All Paty Parllamentary Group ovents In¢ludlng ihose focuslng on falth, online and
Impact of co81 ol Ilvlng on fam111￿.
Our 7-mlnuta brSelings on by8tander and Iranslikn have proved succ•8sful alongsldo oui Irainlng whth
continues to Incorporate the latest challengos, trends afKI barriers we brlng to it from our work wlth the
n8lwork on a day to day basls. We worked closely with East and North Hertlordshlre NHS Tru81 to develop
a toolklt to support relfjrralg from Accidenl & Emergency to safoguardlng teams whtch has now gone Ilve
aNI we 7hlll evaluat8 th• progress and brlrvJ1he fiTrY#igs to our n•iwork.
Our Equallty, Diversity and InGlusion IEDI) work has grovm over Ihe year and ha8 focused on different
aspects such as neurodlversty. the over representation ol black ￿Ung p8opl8 in crlmlnal lustka sw8m8.
aThJ traveller Gommunllles. EDI crosses all aspects of our work externally and we contlnuo to review our
Lmn Inlernal EDI processes and polldes.
Our revl8W5 of Multi-Agency Chlld ExploRallon 18ams and the leamlng from th08e obsgrvafjons has proved
invaluable to Supportlng olhers In thgir oym Local Authorlty improvement plans.

One of our major partners, Sport Effjland raspondod to tho Wh￿0 Revlew *lth a roc￿￿MendatIon to
ensure 4￿rtIng organlsallons eThJage wllh kx1llrfL￿als and group8 Wth livad exparlence of abuse In

NWG Network
Company Llmlt•d by Gu•r•nl••
Tvu8tsa•' Annual Report (Ineorporallng th• DIMctorf8 Report) (eanlthu•dJ
Year •ndod 31 M•rch 2024
sport. Led by Sport England's Adv180ry Panel, a sull8 of resources Is belng develop8d to S￿pOrt tNs work.
We welcomed Kelly lo our leam 10 dovelop the resour￿$ for clubs, organisalions, sport and leisure
centres to enable effeclive and rneanlngful engaggmenl wllh those wlth Ilved experlence ar￿ Ihose
r8sourc88 will be launch8d in Sapiember 2024 through a series of In-person and online events.
We continuè to work wth Sport England on Ihelr Uniling the Movement Strategy, promotlng safeguardlng
In sport at grassrools level and have succes8fully iThiliated Ihe Safe lo Play and Bystander work In a
nurnber ol areas.
Flnally, l am extr8m•ly proud ol the NWG teaffl and all tho nèlwork who have demon8liated a oommitm•nt
lo share all aspects of thelr work, the challenges they all laced and the problem solvlng shared wllh pe•rs.
Thank you lo each and ov•ry one of you.
Fln•nclal r•vl•
Durfng the year there h&8 been an decrea6e Sn tho level ol unre81ricted reserv•s. Al Iho beglnnlng ol Ihe
yoar th088 reserves Stood at £255,545 and at Ihe 3181 March 2024 had moved to £235.S18.
In order to achleve Ihe objects ol our strateglc plan, NWG wlll alm:
-to conllnue to Invol￿ young people In consunatlon around Issu83 of explollatlon
-to Increase professlonal knowledge
-10 Share effecllve practlc
-to d8valop a ￿de range of re80urcg8
-to woth wilh a range of law entorcement agencleg ￿ Improve raspon8e8
.tO VKJrk wlth statutory, voluntary and communSty agencies. prlvale and soclal enterprl8e companle8 to
èducatè, prevant and Improvo fO8pon$as to chlld •XF4ottatlon.
We WIU conllnue to malntain accurate records ol Income and expendlturg and exerclse v￿orOuS flnanclal
managgment. W8 wlll produce Tegular Ilnane5al reports as well a8 audited annual flnanclal 8talemént8 In
accordance with SORP, Charlty Comffli$ston Jnd Compan193 Houso iequlremenis.
Prlnclpal Fundlng Sour¢••
Tha prfncipal lundlng sources for Iha charbty are Sot out In not• 5.
Invo8lm•nt Poll¢y
The Board has consldered the most appropriate pollcy foi Investing funds sublect to the ovBthdlng
ieqwrem9nl ot mainlalnlng Ilquldlty of funds. For the piesent it has concluded that excess funds ara to be
knvosted with th• bank and avallable for immedlate accegs.

NWG Network
Company Llmii•d by Guaran
Tru•te••' Annual Ilwrt {In￿￿or•11n￿ the Dlrootof• Raport) {¢•nNnu
Y•ar •ndod 31 alarch 2024
Fln•n¢l•l r•vlow (oonllnu•él
Ro•em• Polloy
The Board has consld8rad th•1ovo1 of raserrfes that are requlred, and has concluded that 3 to 6 months of
normal expendlture Is Ihe mlThmum thal shoukl ba iataln•d ai pwesent.
Th18 level ol r088Ms wlll be revl8w8d on an annual bas18 In the fulure.
Tru•t•••' reSpon￿blIN1•8 •t•tem•nl
The Irust88s, who afe also directors lor the purposes of company law. are responsible lor proparlng the
trusle8s' report and Ihe Ilnanclal statemgnls In accordance wlth applicable law and Unlled Kin9dom
Accounllng Standards {Unlted Klngdorn Generally Accepted Accountlng Praclice).
Company law Tequke8 ¢he charfty trustea8 k) preparo Ilnanclal 8tatemenls for each year whlch glvo a Irue
and lalr vi6w of the State of affaSr8 of the charllable company and Incomlng resources and application
ol rosource8, Inctuthng the Income and expondltura. lor that peitod.
In preparlng these Ilnanclal gtalom•nt8. the trustees am rewlrod to:
select slthlo aCcO￿￿7g pollclos and then apply them conslstenlly,.
obsarve the melhods and prlnclples kn tha applicable Charhtk88 SOAP;
make Judgments and accounlkw 08tlmates thal aro reasonable and prudont;
prepara th8 Ilnanclal 3totement8 on tho golno con￿rn ba818 urlesg It Is InapwokYlat• to pr8sum• that
tho charlty will conlknue In bUsIne￿.
Th8 tru$i098 are r88ponslble for ke8plng adequate accouniSng records that are suttlcl8nl to show an
oxplain th• tharllls Iransactlons and d18cIos8 With reasonable accuracy al any Ilme Ihe flnanolal pogllbn
ol th• charlty and enab19 them to en8ur• Ihai the financlal slalemeftls comply wllh Ihe Companies Act
2006. They are algo r?$ponslble for 8aleguardlng a¥sets ol the charity and hence foi tsklng rea8onaNe
steps lor the wevonlion and detecllon ol fraud and olher irregLlarllle8.
Audllor
Each of the persons who Is a truste• at the date ol approval of this ryrt conflmis that:
so lar as thay are awaro, there Is no relevant audit Infoimatlon of which tl* ¢harliYs audllor 18
nawafe: and
they have taken all sleps that they oughl lo hava taken as a Ifustee to make ihemsefves aware of any
relevant audlt Infomiallon and to establlsh that the charivs auditor Is aware of thal Informatlon.
The auditor Is deemed to have been re-wolntad in awydance wllh ￿th1On 487 of the Companies
2006,

NWG Network
COMp￿Y Urnlt•d by Guarant••
Tru•ts••' Annual Report (Incorpor￿1Th9 lh• Dlvoclorfs R•port) (thMllnu•dl
Yoar •ndgd 31 March 2024
PAnall eompany provl•lon•
Thlg report ha8 ba8n prepared In accordance with the prov18bns appllcable to companles ontithd lo the
small compan196 exemptlon.
The Ifustee8' annual r•port was approved ￿ 18 November 2024 and Blgned on behalf ol Ihe board of
truslee8 by:
rSAR08e
Chair of Board ol Trugtff8

NWG Network
Company Umlt•d by Gu•rnnlee
Ind•pond•nl Audltorf• Roport to th• M•n￿Or8 ol NWQ Network
Y•ar •nd•d 31 Mareh 2024
Oplnlon
We have auditad the flnanclal statements ol NWG N8lwork (Ihe 'charSV) for the y8ai gnded
31 March 2024 whkh ¢ompriso ihg statement of Ilnanclal actiwties {Induding Income and exponthre
account), statement of financial posilion, statement ol ca8h Ilows and Ihe related notes, Including a
summary of slgnlflcant accounting policie8. The Ilnanclal roporting Irarnework Ihat has been applied In
th8lr preparatlon Is applicabl8 law arNI Unlted Klngdml Accounllng Standards, Includlng FRS 102 The
Financial Reportlng standard appllcable In Iha UK and RepublSc of Ireland (United Kingdom Generally
Accapi8d Aceounllng Practlce).
In our opknlon the flnanclal 8tat8mant8:
glv8 a truo and lalr vlaw of the state of the charftys affalrs as al 31 March 2024 and af it8 incomlno
r880UfC86 and appllcallon of resou￿88, Includlng lis Income and expendlture, for tha yaar Ihen
ended;
hav• boon properly prepared In acco￿ance wth Unitod Krydom Generally Accapiad Accounllng
Practlca;
have been prepared In accordance wllh Iho rgrylrements ol Ihe Compani08 Act 2006.
Ba•18 for oplnlon
We conduGted our audlt In accordanc8 wlth Int8rnational Standards on Audltino (UK) (ISAS (UKI) and
appllcable law. Our respon8lbllltle8 und8r Ih088 Standard8 are further descrlbed in Ihe audltorfs
responslb11511•8 lor th8 audit of the Ilnandal 8talements socllon ot our report. Wo aro Indepgndgni of tho
charity in accordan¢• wllh Ihe ethlcal f•qulrernents ihal ar• rolevanl to our audlt of the linanclal ltaioments
In the UK, Includlng the FRC'S Ethlcal Standard, arKI tha prov181on8 avallable for small entities, In the
drcumstance8 set out below, and we have fulllll8d our other ethlcal responsi￿.1]tIeS In accordart8 wlth
these requlrement8, We bellev• ihat1he audl evldenc• w• have obtalnedlg Suffici•nt and apprO￿al6 10
piovido a bas18 lor our oplnlon.
Our re8pon8lbllhy 18 lo audlt and express an oplnlon on the flnanciai statements In accordan¢• with
appll¢ablg law and Inl•rnational Standard8 on Audltlffj (UK and Irelandl. Th050 Standardg requlre us to
comply wlth Ihe Audltlng Praclicas Board's Elhlcal Slandard8 for Audilors, including "APB EtNcal Slandard
Provisions AVaIlab￿ for Small Enlltles (Rovi8•d>' in the clrcufflslance8 set out below:
Conclud(M￿ r•laiing to golng ¢on¢•m
In auditing the financlal statemants, wè have concluded that the Irusteos, use of Ihe going concern ba818 01
accounting in Ihe weparatlon ol the flnanclal 8latemonts l¥ approwlate.
Based on the work we have p8rtormgd, we have not Idenllfled any material uncertalntles relatlng kn ovfjnts
or condition8 Ihal, Indlvldually or collectlvely, may casl slgnlllcanl doubt on the Ch￿Ity'S ak￿lIty to conlin
a8 a golng CDncern for a period of at Igasl Iwefve months from when the Ilnancial stalements are
authorisad lor I￿U8.
Our re5ponslblllti?6 and the responslNbt58s of the Irustees With raspect to golng concern ar8 d8scrlbgd In
tho relevant sectlons Of th58 report.

NWG Network
Comp•ny Llmlt•d by Gu•rant•e
In*ondent Audltorfa Report to thè M•mb•r• of NWQ Network f¢onttnu
Y•ar endod 31 March 2024
Othw Inforni4llon
The olher Information comprises the knlormation Induded In lh8 annual report, olhar than the flnanclal
8latemonts and our audltor's report thereon. The trustees are re8ponslble for Ihg Other Information. Our
oplnlon on th8 flnanclal stalemenls does not cover tho olher Infomiaiion and. except to ihe extent
othorwisa axpllcllly stated in our report, we do nol express any loim of assurance concluslon Ihoroon.
In connecllon wlth our audt of thé financlal statements, our respor*lbllity is lo read the other Informatlon
and, kn doing so, conslder whethw the olhar Informatlon is matarlaiiy Incon¥lstent with the flnanclal
statements or our knowledge obtalned In ihe audt or otherwlse appears to be materially ffl1s8tatgd. If
klenllly such materlal knconsislencle8 or apparent material mlsstalement$. we aro requlred to determine
whether thre 18 a materlal mis8tatament In the linandal S￿8m0nts or a materlal rnlsstatemant of the
other Informalion. 11, based on the work w• have performed. we concludg Ihat there Is a material
ml8$lalemént ol thls other Informallon, ￿ are raquorad to report thal fath.
We have nothing to report In th18 f898fd.
Oplnlon• on oth•r matt•r• p￿￿rIb•d by the Comp•nlM Aol 2006
In our oplnlon, based on Ihe WO￿ undertakon in the cour90 of the audil:
the Informallon glven in Ihe tru8t888' report lor the flnanclal year for whlch the financlal slatements
are wepared Is conslsienl wlth tha Ilnanclal 8tatemènt8; and
the trustee8' r•port ha8 been piopared In accordanca wllh aFpllcable legal rgqulraments.
Matl•r• on whlch w• w• rnqulr•d to r•port by •XC•Pllon
In the Ilghl of th8 knowledge and under8landing of tha charlty arKI its •nvlronment obtalned In tho ¢our$• of
Iho audit, w• have rnt 1denl1ll￿ matarlal ml8siatemanls In the trustees, roport.
We have nolhing lo ieport In respect of the tollowlng matter8 In relatlon to whkh Ihe Companles Aci 2006
roquires us to reporf to you if, in oui oplnlon:
adequalo accounilng records have nol been kepl, or relum8 adewate lor our audll have r¥)1 been
recelved Irorn branche8 not vt81tfjd by us; or
the linan¢Fal statements are not In agreament ￿th the accounling records and rglurns;
certaln dlgclosuros of trustees, remuneratlon speclfled by law are nol made: or
wo have nol iecelved all tha Infomi￿1￿ and explanaiion¥ we requlr8 for our aud￿. or
Iha truslees were not enlllled to prepare the financlal stataments In accordance with th8 small
companle8 regime and lake advantag8 of Ihe sThall companies. ex8mpllon$ in preparing the
dlrectors. report and from Ihe requlrement to prepare a slraieglc report.

NWG Network
Company Urnlt•d by Guarnnt••
Independont Audiior'• R•port to lh• M•mb•r• of NWG Neiwork (Mneiftwd)
Y•ar and•d 31 March 2024
A￿￿n$1b11llknI ot trust•
As explaln8d rn0￿ lully In the Irustee$' responslbHltfes statement, the trustees (who ar8 also the clrector8
for tha puwe8 of company law) ar9 responslble lor the prepawats'on of Ihe flnandal statem9nl$ and for
belng s￿1￿16d Ihat Ihey give a tru• arKJ lair view, and for such kntemal control as tru8taa8 d9teffliing Is
necossary to 8[￿ble the prepa￿lon of financial 81alements that free from rnalarlal misstaioment,
whother due lo fraud oi error.
In proparino the Ilnanclal 8tatomenls, Ihe truslees are resp￿$￿>19 lor assesslng ihe charlvg abllty 10
continu• as a golng concem. dlscloslng. as applloabkn. matt•rs related to golng concern and u8lng the
golno concern basis ol accountlng unla86 the trustees elther Interrd to Ilquldale the Ch￿lty or to cease
operatlon8, or have no reallsiic alternative but to do 80.
-10-

NWG Network
Conw•ny Llffllt•d by Guarnnl••
Independenl Audltorf• Report to lh• Meml)w• ol NWG Nolwork lea￿lInU•￿t)
Y•ar •nded 31 Mar¢h 2024
Audllor'• fo•pon$lbllltl•g for th• •udll ol the fln•n¢lal gtat•menlJ
Ouf objectlves ar9 to oblain reasonable assurarKe about *helher the Ilnanclal slalements as a whole are
Iree Irom material mlsstatement, whelher due to fraud or error, and to issue an auditor's report Ihat
Includes our oplnlon. Reasonable assurance is a hlgh 18vel of a88uranc8. but Is not a guarantee Ihat an
audit corKluctod In accordanco wllh ISA5 (UK) wlll always d8t8Ct a materfal mlsstat8rnent when bl exlsts.
Mlsstaternents can ar1s8 Irom fraud or err￿ and we consEdered materlal If, Indlvldually or In tho agoreaate,
they could reasonably be expectad to Influence th8 aconomlc d8cision8 ol users taken on the basls of
Ihese flnanclal 81at8ments.
liregularltle8, InCI￿lIng fraud, are In8tanco8 ol non-complianog wlth law8 and reoulalloni. We deslgn
procedure8 In Ilne wlth our re8pons1bi1￿les. outlined abovo, lo dolect mat8rlal ml8Btalements in respect
Irr8gulaYltl88, Includlng fraud. The èxlént to whlch Ouf pffjca￿r0$ aro capable of dgtecling lff8gularllle$.
Includlng Iraud 18 deialled b910w:
Idenlltylng and assessing potgntlal rlsk8 relaled to Irregularllle3
In Identlfwng and 8ss8sslng rlsks ol matailal mi88tat8meN In re8pecl ol irr•gu18rltle8, In¢￿dIng fraud and
non-comp11an￿ with laws and régulaiions, w• con•Kl•i•d tho lolowlng:
the natura of the Sndu8try and sector. coni¢oI envlronment and bu8lness perfomiance;
résuSt8 of aur enqulrlos of managemenL about thelr own klenllll¢allon and assessmenl of the
risks of Irregularllles;
any matters we Identlfiod havlry made •wulrfes about tha documenlallon of thelr poNcl8s and
procadures relatlng to..
identllylng, evaluatlng and Complying wlth law8 and regulatlons and vthether thoy were
awar• of any inslanceg of non¢ompllance;
delKtlng and r8spondlng to Iho rr8k8 of fraud and whether Ihey have knowledge of any
actual, suspected or allegéd IraLKI:
the Internal controls establlshed to mStKiate rlsks ol liaud or non.compliance *lth laws and
rogulallon8',
the matters dlsGussed among the audit engagement team regarding how and where Iraud might
occur In the financlal Siatemenis and any PDieNial IndScator$ of fraud.
A8 a resuh of these pro¢edur6s. we con81dered th8 OPPOrturltles and incenllves that may exlst wllhln Ihe
organlsallon for fraud and Identified the great8St potenllal for fraud in relatlon to income recogrdtlon,
banklThJ procedures and 8egregatlon ol ¢Jutlos. In common wlth all audltg under ISAS (UK), we are al60
raqulred lo perform 8peclflc procedur88 to re8p(Jnd lo Ihe rfsk ol management overrldg,
W8 also obtained an undorstanding of lh8 legal and regulatory framework$ that the company op8rates in.
locuslng on provisions ol Iho8e laws and regulallons that had a dlrect effect on the delermlnation of
matertal amounts and dlsclosures In Ihg linancial slatements, The key laws and rogulallons w8 considered
In this contexl Includgd thg UK Cornpanies Acl. UK Corporate Governance Coda and local tax legi¥lalion.
In adlthtion, we consldered provlslons of olher laws and regulations that do nol have a dlrect elfect on lh8
fIrW￿[al slatements but compllance with whlch may be fundamental to the companys ablllty lo operate or
to avoid a mater1￿ ponalty.
Audbt r•gpon80 lo rl8k• Identitled
11

NWG Network
Cornpany Llrnllod by Guarant••
Ind•p•nd•nt Audltor'l ROPOrt to Ihg M•mber8 of IIWG Notwork (eonrfnu•OJ
Y•ar •nd•d 31 Mareh 2024
AS a r88uII of porformlng the above, ￿ Identllled incom8 recognltlon, managemenl overrfda of eontroL8
aTrJ relaled paty transactions as key audlt matters relal8d to the potantial risk of fraud. In order lo mbtlgaie
the rlsk Idantllled, enqulrles wére rnade of key management perBonnel a$ to Ihe processes surrourKllng
the recordlng ol Iransactron8 arKI r8cognition ol Income, Indudlng agr88ment lo remittan¢g advkes and
grant agreements. Th& axlstence of related partrag was about wlth key managemont parsonnel
and throughout the audlt and rovlew ol the accounls las well as the tran8actions Included Ihefeln) It was
ensurod Ihal there were no dl8closable Items or transacllons whlch had nol begn conducted at arms
10Tr3th.
In addresslng the rl8k ol fraud Ihrough managgment oveNtd8 ol conlrols, our pmc8dure8 Included
revlewjng and tesllng the appropfialeness ol journal èntrles and olh8r adjuslments., as88s8lng whether the
Judgements mad& In maklng accountlng esllmates Indicalive of a polenllal blas: and evaluating the
buslness rallonale ot any slgnlflcant transaclion8 Ihat are unusual or outslde Ihe normal course ol
I￿SIneSs. Duo ID Ihg mlnlmal number of tranSac￿on$ Ihroughoul tho finan¢lal yoar It was clear Ihat Iherg
had been no management Ovgffldg of crjnlrols and that each transaclion had been correctly and properly
reGorded as appropriato.
W• also communlcated rglevant Identllled laws and regulation8 and potentlal fraud rlsks to all engag•m•nt
team members arKI r8malned alert to any Indlcatlons of fraud or noncomplianco wlth law8 and ragulallons
Ihroughoul the audil.
AS part of an audlt In accordance w51h ISAS (UK), we exwclse prole881onal Judgmant and malnlaln
wofossional 8ceptlcl8m throughout the a￿lIt. We al80'.
Identlfy and a86es8 th8 risks ol malorfal mli8taiement of the flnanclal 81alem•nt8, %tsther dua to
Iraud or error. deslgn and perfom aLxlil procedures re8pon8lve to tho8e rl8ks, and obtain audll
ovklence that18 8ufflclent and approprlala to provlde a ba818 for our oplnlon. Tha rlsk ol not deteciing
a mat•rlal ml8Statamont resulllng from fraud18 Ngher than for one resultlng Irom error, a8 Ifaud rnay
control.
colluslon, lorggry, Inlenllonal omls8lons, misr•prègantatlDns, or Ihe overrld• ol nternal
¢J)tsin an ￿derStandIng of Inlemal control relevant to the audit In order to d881gn audR procedures
that ar• woprlato In the clicumstarK88, 1)ut not lor th• wrpo8e ol exprasslng an oplnk)n on Iho
off•ctlv•n0s3 of Iho Internal control.
Evaluale the approprSatgne88 of accounting polici08 used and the rea8onatAen•$8 ol accounllng
aslimates and rgl&ted dlsclosures made by lh• irustms.
Conclude on Ihe approprlalene88 of tho Ints1888' U¥0 ot the golng concern basis of accounllng and,
bas8d on the audlt ovldenc8 obtalned, whather a material uncertalnty exlsts related to events or
condltlon8 that may cast Slgnlficant doubl on Iho charills ablllty to continue as a golng concern. It we
eonclud8 thal a malerfal uncertalnty exlsts, we ￿ required to draw attentlon In our auditor's report to
the relalgd disclosures in ihe linanclal slatements or. If such disclDsure$ are Inadequate. lo modlly
our oplnlon. Our concluslons are based on the audlt evldence obtalned up to the date of our audftor's
report. However, lulure ovents or condltlons may cause the charty to ceas8 to continuo a5 a galng
concem.
Evaluale Ihe overall presenlatlon, sIru￿ur8 and cthnt of the financial gtalements, Includlng the
dlsdosures, and whether Iho flnanclal staioments represent Ihe underfy1ng transaction8 and evems In
a mannor that achlgvgs falr presentatlon.
12.

NWG Network
Company Llrnll•d by Guar•nt••
Indopondml Audllor'g Roport lo th• M•mb•rn ol NWG Network (¢onllnu•¢l)
Y•ar •nded 31 March 2024
We cornmunlcat8 wSlh Ihose charaed wllh gov•rnance regardlng, among other matters, the planned scop8
and Ilmlfw of the audll and signlllcant audil lirKlin9s, includlng any slgnificant dellGlencle6 in Intarnal control
Ihat we Idenllfy durlng our audlt.
Uw ol our r•port
Thls report18 fflade 8ol¢ly to the Gharlvs members, as a body, In accordance wlth Chapter 3 of Part 16 01
the Companies Act 2006. Our aLKJIt work ha8 been undortaken so Ihat we miohl stale to the charlvs
membws those mattors wa are requlrgd to stalo to Ihem In an auditor's report and lor no other purposa.
To the fullgst oxt•nt permltted by law, wa do nol accept or assume responslbllity to anyone other than the
charlty and the charlly's members as a body, lor our audit work, for thls report, or for the oplnlons we havo
formed.
Stephen Allen ACA FCCA (Senlor Statutory
AudIt￿>
For and on behalf ol
Allen, Wesl and Foster Llmlt8d
Chartared Accountants & 81atulory audltor
Omega Court
384.366 Cemetery Fload
Sheffleld
S118FT
18 November 2024
13-

NWG Network
Compfty Llmlt•d by Gu•rant••
siaiom•nt of Flnanclal Acllvlll••
(Inoludlng Incom• and expondiur• account)
Y•ar •nd•d 31 March 2024
20ZJ
Unrostricled
funds
Restrrcted
lund$ Totsi fund• Total lunds
Nol•
Incomlng r•8ourc•i
Volunthry Incomé
Investmenl Income
100.480
7,276
107,756
823,186
923,666
7,276
930,941
857,335
2,220
859,555
Total Inwn•
823,186
xp•ndllUM
Exp8n(th'ture on ralslng lund8."
Costs of gengratlng voluntary
kKomo
Expornll￿re on charltable acllvltle8
Total •xp•ndltur•
9.698
118,085
127,783
72,724
762.500
835,224
82,421
800,585
963,006
20,781
831,646
852,427
N•1 (•xp•ndlturn)nneom• ind n•t
mov•m•nt In lund•
(20,0271
(12,0381
(32,065)
7,128
R•oonclllallon of lund•
Totsi iunds brought fornyard
Tolal lund• carrled loThvard
255,545
235,518
135,560
123,512
391096
369,030
388,967
391,095
Tho 8taiemenl of Ilnanclal actlvltle8 Includes all galns and108888 r•cogn18ed In the year.
All income and 8xpendllure dgrivg from contlnulrvJ act￿1￿•8.
Th• n￿•1 on 17 to 25 form part of Ih•g• Ilnanel•l st•t•m•nts.
14-

NWG Network
Company Llmltod by Gu•Mnt•e
Slatsm•nt of Flnanclal Po8lllon
31 IAarch 2024
2024
2023
Flxed ae801•
Tanglble lixed assats
1.648
2,197
Curronl 4$•￿*
Debtois
Cash al bank and in hand
84,933
351,856
416,789
29,Q18
391,350
CMdltOf•: arnount• lalllng du• wlthln on• y•ar
N•t CUfr•M ••MI•
17
59.407
31,470
857,382
359,030
359,030
Toial al￿18 l••• curr•nt Ilabllltl••
391,095
391,095
Fund• ot th• charlty
Restrlcled funds
Unrestrklod funds
123,512
235,518
359.030
135,550
2S5,545
391,095
Tol•l oh•rlty lund•
19
These financlal st&t6mants have boen prqpared in accordarth wlth the provlglons appllcable to companles
sublect lo the 8mall companles, reglme.
Th888 Ilnanclal 8talem•n18 wero appToved by the board of Irusloe8 and aulhorlsed for 18¥ue On 18
Novernbar 2024, and aro Blgned on bohall of the board ty.
k firy,"
Karen Flanagan
Treasurer
Company registration number; 06557851
Th• not•• on pag•8 17 to 25 form p•rt ol th•M Ilnanclal •lalem•nl•.
-15-

NWG Network
Company Llmlted by Guarant••
St•t•m•nt of Ca•h Flowi
Year •nd•d 31 March 2024
2023
Cash Ilow8 from oporallng actfvltl••
Net (expendltUfg)Ilncomg
(32,065)
7,128
Atyslmants lor..
Dopiocialion of tanglbl8 flxed a$8ets
Other Interest receiva￿8 and simllar Income
Inleresi payable and 8lmllar chargè$
Accrued income
(7,276)
(2,220)
786
(64,120)
Changes In..
Trade and oth8r d8btors
Trad8 and other ¢reditor8
(35.915)
15,691
Cash generated from operatlons
(4S06n
(32,664)
Int•re8t paid
Intere81 recelved
(803)
7376
(N494)
1786)
2,220
{31,230)
Nel ca8h used In operatlng aGllvlllo5
NOI d•cr•a•• In ¢a•h c••h •qulval•n
Ca•h and M•h •qulvahnl• 01 b8glrMlng of y••r
Cash and oa•h •quIVa￿ni1 ￿ •nd ol y••r
(39,494)
391,350
351,856
(31,230)
422,580
391,350
Tho nol•8 on pagm 17 to 25 form part ol th••• Iln•ncl•l 8latement8.
16-

NWG Network
Comwy LIMIt￿ by Gu•r•nt••
Not•• to lh• Flnanclal Statemen1•
Y•ar •nd•d 31 Mareh 2024
G•n•ral Infomiatlon
Tha charhty Is a publlc beneflt entity and a prlvate company Ilmlted by guarantee, reglstered In
England and Wales and a regi$1gr9d charlty In England and Wales. The address of the reoistgrod
offlca Is Sulte 1 Innovation Housa. Ea8t SeNlce Road. Rayn88way. D8rby. DE217BF.
Stat•rn•nl of compllanc•
These linancial slatem8nts have beon preparad kn compllance wlth FRS 102, The Flnanclal
R6portlna Standard applicable in the UK and Ihe Républlc of lieland,, the Stalement of
Recornmonded Practlce appllcable io charllles preparSng theli accoun1¥ In accordance wlth the
FlnancSal Reporting Standard applicablo In th• UK and Rapubllc of Iraland IFRS 102) (Char611es
SORP IFRS 102)) and the Companr•s Act 2008.
A¢¢ountlng poll¢l••
BMI• ol Pr•￿ratIOn
The linanclal 8taiem•nl$ comply wlth th• Charhl•• A¢t 2011, tho Companlo$ Aei 2006, the
Memorandum and Artlc104 of Associalion and A¢countlng and Reporting by Charidgs: Slatament of
Recommended Practka applicable to charltlos preparlno their accounts In accordance wllh the
Flnanclal Reportlng Standard aPpI￿able in the UK and Rep￿blIC of Ireland {FRS1021 {8ffecllve 1
January2015).
Qolng Mnc•m
There are no materlal uncertalntles about charllY8 abllty to continue a8 a golng concern. Tho
chaiity ha6 8ufflclent reserves and cash lund8.
Judg•m•nt• Ojnd k•y Jour￿* ol ￿lImatIOn unc•rtalnty
The Preparatlon ol the Ilnanclal stalernent8 r8qulre8 management to make judgement6, estlmates
and assumptlons Ihat affect Ihe amounls reported. These astlmates and ludgemenl8 are conllnually
revl8wed and ar8 based on experlence and Oihw lactorg, Includlng expeciaiions ol lulure events that
are belleved lo be reasonable under the clrcum81anc•s.
Fund accounllng
Unreslrlcted funds arè avallablo for use at th8 tl8cratlon ol ihe trustee8 in lurthoranc• of thè
purposes of the charlty.
Deslgnaled fundg ar8 unro8tricted lunds earmarked by the trustee8 for speclflc purposes.
Restdcled tunds ar8 Èubl8cl8d lo re8trlctions on thelr expendlture Imposed by the donor.
17-

NWG Network
Company Llmlted by Guirnnl
Nol•• io lh• Fln•ncl•l Stal•m•nl• (Mnllnu•d)
Y•ar •nd•d 31 Mor¢h 2024
luountlng pollel•s (¢Onllnii•dJ
Incomlng re8ourcèA
All Incom8 is included In Iho 81atemenl of Ilnanclal actlvltles wh8n thè Charity 18 entilled to the Incame,
any performance T8lal8d condltlons atlached have been met or are lully wlthln the control of tha
charltYF the income Is con8idergd probable and the amount can be quantifiad wilh reasonable
accuracy. The lollowlno 8pecllic polkies aro appll8d to partlcular categorles of Income:
Donation8 and legacy Income Is focglvod by way of ¢A)nallon8, leoacles, gran18 and ￿ and 18
Included In lull in Ihe Statfjmgnt of Financial Athllle6 when recelvable. Wher6 legaGle8 have Ixen
nollll8d to the charlty but the crlt8rla lor Income Tecognlllon have not been met, tho lagacy is treaied
as a ￿ntingent asset and dlsclosed if materlal. Grants, where entlllemfrnt is not condilional on the
dellvery ol a 8peclllc perlorman¢e by the charlty, are re¢ognlsed when Ihe charity becom0¥
uncondltkjnally entltted to the grani.
D¢)nat•d 8eNice8 and laGilitlg8 are included al Ihe value to Ihe charfty. being tho amounl tho charity
would have been wllllng to pay to obt8tr* servkes or lacillties of equtvalent economlc b8naflt on the
open market.
Invostmant Income Is Included whon iecelvable.
Incom8 from charftabl8 iradlng acllvltylg accounted fLY when eamed.
Income from granls, where related to performance and sp8clllc d8llvarable8, are accounled lor as tha
charlly earns th• rlghi to ¢on$ld•rath)n by It8 P8rfomiance.
RMour¢•• •xp•nd•d
Exp8nditura is recogn18ed on an accruals bas15 a8 a Ilablllty18 Incurred. Expandllurg includes any
VAT whlch cannot bo lully racovorad, and is reported as part ol the exp8ndllura to which It relate8:
Cosis of raislng lunds comwl88 the costs a880clated wlth attractlng donallons, grants and18gacles
and the costs of Iradlng lor lundralslng pufj)oso8.
Charltable axpandfture comprlses tr￿$0 cosis incurred by the charlty In the dellvery ol 118 activilios
and servlc8s for tts benallciarle8. It includ85 both eostg thai can be allocaled dlwiiy io such activllios
and those costs of an Indlrect nalure necessary to 8UPPOrt Ihem.
Oth•r exwndilur• Includes all •xpondilur• thai h nelther rolated to raising funds for th• eharfty r￿r
part of fts expendlluro on charltable ￿tIvItIeS.
All costs are allooaled belween the expeNllture calegofles ol lh• SOFA on a basls designed to rellect
the use of Ihe resource. Cosls relating to a partlcular actlvlty aro allocaled diredly, others are
apportioned on an appropriale basis, as set out in Ihe notes to Ihe accoun18.
18-

NWG Network
Company Llmlt•d by Guomntee
Noi•J io th• FlnAnelal Statom•nl• fconttftu
Y•ar ondod 21 Mareh 2024
Accountlng pollcle8 (oonlthu•dl
Tanglble •#•gt•
All fixed assels are 1n1tial￿ recorded at CO8L
Ttr￿ charllablB cornpllny recolvad lundlng in tho pa81 which had boen spent on cartain fixad as88ts,
malnly office furniture and computér aqulpment arKI these ftems had bgen traated as ravenue rather
than capllal al the Ilme, Accordingly Iho89 ￿se1$ do not appear on the charitable compan*8 balance
sheet.
D•pr•elitlon
DepreclalSon15 calculated so as to Mlte off tho cost or valuatlon at an assel, less Its 18sldual value,
over the u8eful aconomic lrfe ol that a8sel a8 tollow8:
Molof VeNcle8
25% balance
Fln•Trcl•l InJlruni•nl•
A flnanclal a88el or a flnanclal liabilty is reco9nlsed only when Iho ontlly become8 a party to th•
contractual prov181on8 01 Ihe In8trum8nt.
8aslc flnanclal Inslruments are inilially recognI￿d al the amount rec8ivable or payablg Includlng any
related tran8action costs, unless the arranpmenl constllute8 a Ilnan¢lng Iransaction. where 11 is
recogn18ed at the pre80nt value of the luture paym6rn1s d18counted at a market ralo 01 Interest tor d
8lmllar dabl in61rumgnt.
D•tln•d conlrlbuiion plin•
Conlrlbutlons to dalined contrlbution plans are recogn188d a8 an expense In the perlod In whlch the
related ser¥ice is provklod. Prepald contrlbutlons are recognls8d a6 an asset to the extonl Ihai tho
prepayment wlll lead lo a r8ducllon In lulure payments or a cash r8fund.
When contrlbutlons are nol expected lo b8 80ttled wholly within 12 months ol the end of ihe roportlng
dal• in which the employees render the related 88rrfice, lh8 Ilablllty Is measured on a dlscountod
present value basls. Tho unwindlng of the dlscount is recognisgd a8 an expense In the perk)d In
Ich It arlses.
Llmlt•d by guar•nle•
Every member of Ihe Company undertake8 to contrlbute such an amount a8 may be requlred, but not
exceeding £1. 10 thé CompanV8 assels If It should bo wound up whlle helshe Is a member, or wllhln
one year after helshe ceases to be a member of Ihe Company, for paymènt ol the Companys debls
and liabillties Gonlracted b&for6 helshe ceases to be a mamber and of the co818, Gharges and
expon5es of th8 winding up and lor the adlustment of the rlghts ol tho contrlbutorles among
themselves.
.19-

NWG Network
Company Llmllod by Gu•r•nt••
Nots• to lh• Fln•nclal Statements (¢Onllmr•dJ
Y•Ar •nd•d 31 Morch 2024
Volunlary Income
Unrg¥trlcted
Funds
Restrlcted Totsl Fund8
Funds
2024
Don•iion•
Donatlons
744
743
Grnnli
Grant8
823,186
823,186
Oth•r donatlon• and legacl
Membershlp fees
Conlèrence and semlnar recelp18
Consullancy leos
Awareness literatur•
Comrnljslongd work
24,054
3.233
37,381
24,654
9,233
37,381
34,488
100.480
823,186
923,665
Unre8trlcted Restricted Tthal Funds
Funds
Funds
2023
Don•tlon•
Donallon$
1,433
Grant•
Grant8
776,284
776264
Olh•r donotlons and1oq•GI
Memborshlp fees
Conler8nc8 arKI Gèmlnar receip18
Consultancy t808
Awareness Ilterature
Commlssloned vnrk
22,086
22,088
38,722
38.722
18,800
81,071
18,800
857.335
776,264
InvMlm•nl Incorn•
Unrestricted Tothl Fund• Unrestrlcted Total Fund8
Fund8
2024
Fund3
2023
UK bank Int8r•8t r8ceSvable
7,276
2,220
2,220
Co•ls of q•nerJllng voluntary Incom•
Unrestricted
Funds
Flestricted Tolal Fund•
Funds
2024

Costs of gonoraling voluntary incom8
9,698
72,724
82,421
-20-

NWG Network
Company Llfflll•d by Guarantee
Nole• to th• Flnanclal Stat•manl• (conllnu•dJ
Year •nd•d 31 M•r¢h 2024
Co•t• of gon•rnllng voluntary Ineom• I￿n11n￿•d)
Unr88lrielad
Fund$
Restrlcted Total Funds
FurKIs
2023
Costs of gènarating VolU￿ary Income
20,781
20,781
& Exp•ndlluM on chirltoblo aollvlllm by lund typo
Unrgstrlcled Restricted Total Fund8
Fund8
Funds
2024
Charltable acllvltleB
Support costs
86,511
31,574
118,08S
655.623
106.877
762,500
742,134
138.451
860,585
Unr88lrlcl8d
Fund6
Restricted Total Funds
Funds
2023
Charltablg acllvltles
Support co818
30,133
58,282
88,415
643,953
99,278
743,231
674,086
157,560
831.646
Eyndllur• on charftabl• AcllvltlM by xtlvliy iyP•
Acllvhle3
undertaken
dliectly Support costs
Tol•l funds
2024
Total lund
2023
Charltable actlvltles
GovornanGe Gosts
742,134
130,439
8,012
138,451
872,673
8,012
880,585
823,528
8,118
742,134
831,648
10. And1￿18 ot 8UPPQrt co•1•
Analy51s ol
8upport costs Total 2024 Total 2023
Premises
Flnance costs
137,840
7,514
137,640
7,514
145.154
149.442
8,117
145,154
157,559
21-

NWG Network
Company Llmlted by Gu•r•nt
Noles to th• FlnAncl•l 8l•lem•nl• (eonllnuod)
Yoar anded 31 March 2024
11. N•t (•xp•ndltur•ylncomo
Net (experKliture)lincome16 staled after charglngl{wodStino):
2024
2023
Dopreclatlon ol tanglblg flxod a8sels
549
732
12. Audltor8 r•munwatlon
2024
2023
Fees payable for th? audlt of th8 flnanclal stal6ment3
8,600
13. $1•ll ¢o•l•
The total 8taff co818 and amployee beneflti for th• reportlng poflod ar8 analy8ed a$ follows:
2Q24
2023
Wages and salaries
Soclal 8ecuflty CO818
Employer contributlon8 to penslon plans
Olher employee benefi18
592,883
07,555
14,355
53T,837
52,672
12,787
4,500
607,796
664.793
The average h8ad count ot omploye•s durlng Ihe year was 17 (2023: 141. Thg avorage number of
full-time oquivalenl gmployeg8 durin9 the yea118 anatysed a8 lollows;
2024
No.
2023
Number of 8taft In all departmanl8
17
14
Tho number of employees whose r•munerallon for the year fell wllhln Ihe tollowlng bands, wer¢..
2024
2023
£60,000 to £69,999
14. Trust•• r•mun•rallon and exponM•
No remuneratlon or olhor benelils from employmem wtth the charlty or a related entlty w8r8 r8c8iv8d
by the trustees.
.22-

NWG Network
Company Llmll•d by Gulranl
Note8 to th• Flnan¢l•l Stst•fflontA (contlnuad)
Y•ar •nd•d 31 March 2024
1& T•nglbh fIX￿ awts
Motor
vehlcles
Total
Cost
At 1 Apr 2023 and 31 Mar 2024
D•pr•clallon
At 1 Apr 2023
Charge for the year
Al 31 Mar 2024
10,098
10.098
7,901
549
7,901
8,450
8.450
Carrylng •rnounl
At 31 M•r 2024
Al 31 Mar 2023
1,648
2,197
1,648
2.197
1& D•blor8
2024
2023
Tiade debtars
Prepaym8nt8 and Accrued Income
Other debtors
15.192
49,741
64.933
10,538
9,042
29,018
17. er•dltoM: •mount• lilllng du• wllhln on• y•ar
2023
Trade creditois
Accruals and deferred Income
Olher creditors
49,057
6,600
3,750
59.407
17.323
8.600
7,547
31,470
18. P•n¥lon• and oth•r po•t rgllrom•nt b•n•flts
Dolln￿ conlrlbutlon plan•
The arnounl recognised in income or expgndlturo as an expense In relatlon lo dolined Contrlbulion
plans was £14,355 {2023'. £12,787).
-2J-

NWG Network
Company Umll•d by Guarant
Noleg to the Flnanclal Slotemenls {canllnu•dJ
Year endod 31 Mareh 2024
19. AnaWl• of ¢harltabl• fund•
Unre8lrlcted lund#
At
Income Expenditure 31 Mar 2024
At 1 Aw 2023
Goneral lund8
255,545
107,756
1127.783)
235,518
Al
Income Expendllure 31 Mar 2023
At 1 Apr 2022
General funds
260,669
83,291
188,415)
255,545
A•￿Il¢tod fund•
Al
Income Expendlture 31 2024
At 1 Apr 2023
Resources Project
Sport¥ England
Esmee Falrbalm
Samworth
Natlonal Lottery
Sport8 England - SCIMA
Portlcus
115,000
200,000
98,200
75,000
157,081
118,116
81,789
823,186
(112,384)
(200,000)
(108,500)
{75,000)
1158,686)
1118,116)
166,536)
1835,224)
2.616
10,300
37,500
37,500
393
87.750
83m3
123,512
135.550
At
Income Expenditure 31 Mar 2023
At 1 Aw 2022
Resource8 Project
Sports England
Esmee Fairbalrn
Samworth
Natlonal Lott•ry
Sports England- SCIMA
Portlcus
100,000
202,SOO
113.350
75,000
152.106
91,119
142,189
776,264
1302,500)
1102,050)
(37.500)
1175,404)
(91.119)
(54,439)
(764,012)
10,300
37,500
23,298
87, 750
135,550
123,298
-24-

NWG Network
Company Llffllt•d by Gu•r•nl••
Nol•8 to Ihe Fln•ncl•l Statom•nts (eonNnu
Y•ar •nd•d 31 M•reh 2024
19. Analy•l• ol ch•rii•bl• lund• (¢ondnwd)
Rmtrlctod Fund•
Sp(Jrt England . to 8UPPOrt sports Infrastructur• provtd•r8 and F¥aclltloners io Improve their capadty
10 8aleguard young people.
Esme8 Faiibairn Foundalion
supwxts the wjst ol ihe new Chief Op•raiin9 Offlcer (COO).
Impl•m•nlafjon ol a 5 year plan and gTh¥th of our establlshed network,
Samworth - 8uriJort to strengthen our Infrastnicluie and Imwovo our 8uslalnablllty.
Nalknnal Lott•ry . trj BUPPOrt tad(Ilng chmd 88xual explc41atlon Covkl 19 and beyond.
Porticug .10 Support tranBlormlng 8aleguardlrvJ cultur• wilhin falth.ba8ed communlttes.
20. AMly•l8 ol n•1 ••ut• b•lwMn fund•
Unrestricted
Funds
Re8trlcled Total Fund•
Funds
Tang*)le flxed a88018
Curmi a88eli
1,648
233,870
235,518
123,512
123,512
359,030
un￿trICted
Fundg
Restrlcted Tolal Funds
Funds
2023
Tangfole flxed a88el8
Current assels
2.197
133,353
135,550
2,197
388,898
891,095
255,54S
2SS,545
21. An•lyJlg ot¢h•ng•• In d•
Al
Al 1 Apr 2023 Cash Ilows 31 M4r 2024
Cash at bank and In hand
391,350
(39,494>
351WO
22. R•lat•d ￿rtI•l
Duflng lh8 year und8r revlew. the charlty pald £3,683 (2023 - £6,240) to KC Jones {Conlerence and
Evenlsl Limitod who are event organlsers Usgd by NWG Network. Robocca Cadman-Jones. one of
the trustee8, Is a dlrector of KC Jongs. Reb9¢ca ¢adMan￿one$ r881gned as a trustse in December
2023.
The purchasos were on nornial commerdal tsrm8. The balance outstandlng due lo KC Jon8s at 31st
March 2023 was £NII (2022 - £NII).

NWG Network
Comyny Lln4t•d by Gu•r•nl••
Man•g•m•nl Inlommtlon
Yow •nd•d 31 Ilareh 2024
Th• lolowkng p•go• do not lomi of th• Iln•nelal •l•t•m•nt•.

NWG Network
Compwry Umlt•d by ￿arnnI••
D•lall•d Slat•m•ni ol Flnanclal Athlvltl••
Y••r •nd•d 31 Il•reh 2024
2tr24
2023
In¢oMlng rn•oure•8
Volunthry Incom•
Donaibns
743
823,188
24,654 22,086
MembernNp f809
Conlerence arKI 8emlnar recelpts
Consultaw 1008
Awareness I￿eratUre
Commissioned
38,722
18,800
Inv••lm•nl Incom•
UK bank Intere8t fecdvab
2,220
Toi•l kn¢on
9x941 859,555

NWG Network
Cornpony Lln4ted by Gu•r•nl•e
Delalled $10twn•nl ot Flnanclal Acllvltles (Mnllmmd)
Year •nd•d 91 March 2024
2024
2023
Expendltur•
Cos1• ol g•neratlng voluntary Incom•
Seminar cosls
Cosi ot resources
3.659
78,762
62.421
20,781
20,781
Expendlluro on ehafltabh acllvlll••
Wagès arKJ salaries
Emptoygr's NIC
Penslon costs
Olher post-retiremenl benelits
Roni
Aep8lr8 and malntenance
Insurance
Other molorhravel Go¥1$
Legal and profasslonal fees
592083
57,555
14,355
537,837
52,672
12,787
4,5tXI
34,080
ii,ioi
7,113
7,387
60.981
34,1)80
18,045
7,928
8,581
65.016
E il
TgleFthone
Olher offlce costs
Depreolallon
Other Interast payable and similar charges
Sundrle6
Promotlon and communl¢atlon8
Tralnlng cos18
IT support and web dev91opment
Evalu8llon
3,878
1,085
1,947
549
10,3n
9,787
9,876
4,522
3,652
12,193
44,816
47,205
8,01)0
23.000
880,585 831,646
Total •xp•ndltur•
963.006
852,427
N•1 (axp•ndltureVlncom•
(32,065)
7,128
-28-

NWG Network
Company Umlt•d by Guaranleo
Not•• lo th• Dolall•d si•i•m•nt of FIn￿￿111 Actlvllle8
Y•ar •ndod 31 March 2024
2024
Costs of gtrner•tlng voluntary In¢om•
Semlnar costs
Cost of resourcej
3,659
70,762
82,421
20,781
20,781
Cost• ol generatlng voluntary Incom•
82.421
20,781
Expondltur• on charltabl• aotlvlll••
Ch•rRabl• •ctlvlll•s
Acllvltle• undertaken dlrnctly
Wag86
Employefs NIC
Penslon costs
Recrultm9nt 9xpense8
Motor and travel oxpen8e8
Legal support
Olher offlce costs
Promotlon and communlcatlons
592,883
57,S55
14,355
537.837
52.672
12.787
4,500
7,387
54,381
8.581
58,356
828
9,576
742,134
4,522
674,086
Support CO919
Rent, ral83 and wat8r
Equlpmeni c08t8
Insurance
Telephone
Postage and 8tatlonery
Sundrles
Tralnlng cost$
IT support and wob developrngnl
Evaluatlon
34,080
16.045
7,928
4,428
1,119
10,373
3,652
44,816
34,080
iy,ioi
7,113
3.878
1,085
9,787
12,193
47,205
23,000
149,442
130039
Govern•n¢• co818
Audll lees
Depraciatlon
Other finance costs
6,660
549
803
6.600
786
8,012
8,118
Exp•ndlture on charltable •¢ilvltl
eeo,58
831.646
.29-