## **THE FAMILY AND COMMUNITY NETWORK** ## **ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** Company number: 7206240 ## **THE FAMILY AND COMMUNITY NETWORK TRUSTEES' REPORT - YEAR ENDED 31 MARCH 2022** ## **Constitution** The charity is constituted as a company limited by guarantee under memorandum and articles dated 29 March 2010 and is registered with the Charity Commission under number 1138304. ## **Trustees and directors** The following were trustees and directors during the year: T Ayrton A Jelfs M Jelfs J Ayrton A Passant To ensure proper governance, the trustees met remotely during the COVID pandemic. If circumstances dictate, the trustees have agreed it may be necessary to continue meeting remotely from time to time. ## **Aims and objectives** The main aims of the charity are to advance education, to promote wellbeing, to provide debt advice and to facilitate social welfare in accordance with Christian principles, mainly in the county of Suffolk ## **Accounts** The trustees confirm that the following accounts comply with current statutory requirements. ## **Bankers** HSBC and Reliance Bank ## **Contact and registered office** T Ayrton, Number 72, 72 North Street, Sudbury, Suffolk, CO10 1RF ## **Investment policy** Any resources not immediately required are held in bank accounts. ## **Financial report** The charity does not trade for profit and the trustees are confident that the assets are adequate for the charity to fulfil its obligations. The trustees consider that the charity's financial position at the balance sheet date is satisfactory and it was bequeathed the property from which it operates. ## **Reserves policy** The trustees actively review the reserves available and their level is set after taking account of expected income and expenditure. ## **Risk assessment** The trustees have reviewed the major risks to which the charity is exposed and do not consider that there are any significant matters of concern. ## **Basis of preparation** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. This report was approved by the trustees on 4 July 2022 and signed on their behalf. Signed: T Ayrton (Trustee and Director) ## **THE FAMILY AND COMMUNITY NETWORK** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## **YEAR ENDED 31 MARCH 2022** |**INCOMING RESOURCES**
Donations
COVID-19 related grants
Charitable activities
**RESOURCES EXPENDED**
Charitable activities
**NET INCOMING RESOURCES**
**FUNDS BROUGHT FORWARD**
**FUNDS CARRIED FORWARD**|**2022**
2021
**£**
£
**190,386**
30,984
**8,000**
19,907
**2,378**
470
**200,764**
51,361
**53,601**
26,294
**147,163**
25,067
**88,586**
63,519
**235,749**
88,586| |---|---| (company number: 7206240) ## **THE FAMILY AND COMMUNITY NETWORK** ## **BALANCE SHEET** ## **31 MARCH 2022** |**FIXED ASSETS**
Tangible
**CURRENT ASSETS**
Cash at bank and in hand
**NET ASSETS**
**UNRESTRICTED FUNDS**|**2022**
**£**
**140,000**
**95,749**
**235,749**
**235,749**|2021
£
0
88,586| |---|---|---| |||88,586| |||88,586| The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 and members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. The directors acknowledge their responsibility for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2022 and of its results for the year then ended in accordance with the requirements of section 396 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements so far as applicable to the company. The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 SORP. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 July 2022. T Ayrton Trustee and Director ## **THE FAMILY AND COMMUNITY NETWORK** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **1 ACCOUNTING POLICIES** ## **1.1 Basis of preparation of financial statements** The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011. ## **1.2 Donations** The charity recognises donations as they are received. When donors specify that donations are for particular restricted purposes the income is included in the incoming resources for restricted funds. ## **1.3 Fixed assets** This is freehold property stated at probate value. ## **1.4 Fund accounting** Funds held by the charity are either of the following : Unrestricted funds - these can be used in accordance with the objects of the charity at the discretion of the trustees. Restricted funds - these can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ## **2 LIMITED LIABILITY** The company is limited by guarantee. The members under the memorandum of association have guaranteed an amount not exceeding £1 per member. **Independent examiner's report to the trustees of The Family and Community Network** I report to the charity trustees on my examination of the accounts of The Family and Community Network (the Company) for the year ended 31 March 2022. ## **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** 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 accord with such records; 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. ## Mr R Whiteman 70A Pot Kiln Road, Great Cornard, Suffolk, CO10 0DH 26 October 2022