The Family and Communty Network Charity Number 1138304 Company Number 7206240 THE FAMILY AND COMMUNITY NETWORK ANNUAL REPORT YEAR ENDED 31 MARCH 2025
The Familyand Communty Network Company Number 7206240 Charity Number 1138304 THE FAMILY AND COMMUNITY NETWORK TRUSTEES. REPORT . YEAR ENDED 31 MARCH 2025 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. The following were trustees and directors during the year: A Jelfs, M Jelfs, R Fish, J Stewart, A Mckessar. L Bunton 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 ststutory requirements. Bankers HSBC Bank Contact and reglstered offlce J Stewart, Number 72, 72 North Street, Sudbury, Suffolk, C010 1 RF Investment policy Any resources not immediately required are held in bank accounts. Financlal 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 propety 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 concem. 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 17th November 2025 and signed on their behalf. Signed:
The Familyand Communty Network Company Number 7206240 Charity Number 1138304 STATEMENT OF FINANCIAL ACTIVITIES Section A Statement of financial activities Re¢ommend•d Categorks by athty Totsl funds Prlor ar funds. Incomlng resourc89 Income and •ndowm•nts from.. Do80n$ 8ryJ kng8CIOS Reslriced 4onaUor6 51.610 8,160 1.353 22.082 3,775 1,877 148 635 28,517 Cfrorttable acti185 Otherdirj 8etiwb'a¥ 88r Intsre8trnc'd 210 61.418 Total Resources oxpond8d Expondlturè on: E38enUal bLdbJlr9 ChBdlabkn act101 33,085 49,530 52,229 88 52,141 Prforar4d¢rD•rrt Total 82.615 Net Incomel(expendJture) before Inve8trnent galn81(1088e8) Net galr61llossesl on 11Nrne 21,197 23.623 Net Incomel{expendlturn) Extraordlnary Item8 Other rocognlsad galnsl(108808P: 21,197 23,623 G8ltB ard th8•$ on 8M•l8 oth8rgAl1[$S9s1 Not movement In funds 21.197 23.623 Reconclllatlon offunds." Total lunds brouJtrrt fornwrd. Total funds ¢arrled fonvard 37.005 15.808 59.628 36,005 ' note a correction lo prK)r year Is ithed in yearfs bthre brought fotwad WIrebY a savir¥Js accou* was k¢dNwtartly missed from bala8 set in 202314 Access was Tr)1 aailable at er¥J of year arKI how b88n realised arKI fExed.
The Family and Communty Network Charity Number 1138304 Company Number 7206240 BALANCE SHEET As at 31 March 2025 Total thys year Total last year Fixed assets Intangible assets Tangible assets Heritage assets Investments Total fixed assets Current assets Inventory Debtors Cash in current account Cash in deposit account Cash In hand 5,137 10,671 6,103 29.902 Total current assets 15,808 36.005 Creditors: amounts falllng due withln one year Net current assets/(Ilabllltles) 15,808 36,005 Total assets less current Ilabilitles 15.808 36,005 Credltors: amounts falling due after ono year Provislons for Ilablllties Total net asset5 or Ilabilities 15,808 36,005 Funds of the Charity Unrestricted funds Restrlcted funds 15.808 36,005 Total funds 15,808 36,005 Signed by one or two trteeS on beh8lf of all the trustees Date of approdI ddlmn SignatLf8
The Family and Community Network Company Number 7206240 Charity Number 1138304 the directors consider that th8 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 compty 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 2025 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 17th November 2025. NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 1 ACCOUNTING POLICIES 1.1 Basls 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. 1.4 Fund accounting Funds held by the charity are either of the following: Unrestricted funds - these can b8 used in accordance with the objeGts 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.
The Family and Community Network Charity Number 1138304 Company Number 7206240 1.5 Land and Buildings International Accounting Standard (IAS) 16 requires property to be included in the financial statements at its original cost to the entity and, since the charity acquired the property as a gift, the asset is now correctly recorded as zero. The value the property was at probate when gifted, which was £140,000. 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.
The Familyand Community Network Company Number 7206240 Charity Number 1138304 INDEPENDEKf EXAMINER'S REPORT Responsibilities and basis of reporL I reDOrt to the trustees ffl my examination of the accounts of the above tharrty for year ended 3110312025 As the chanty's trustees, you are responsible for the preparation of the accounts In accordan wrth the requirements of the Ch8nties Act 2011 ("the Act"). I report in respect of my examination of the TTUSt's accounts cartied out under section 145 of the 2011 Act and in canying oul my examinats"on. I have followed all the applicable Directions given by the Charty Commission under section 145(5Mb) of the Act. Independent examinerfs statement The chanty's gross Inccyne exceeded £25,000 and18m qualffied to undertake the examination by tsing a qualffied member of AAT. I have completed my examination. I confinn that no maten81 matters have come to my attention in connection with the examinatson (other than that disclosed below ') which gives me cause to believe that in, any matenal respect" the accounting records were not kept In accordance with s8cb.on 130 of the Chants'es Act; or the accounts did not accord with the accounting records, 01 the accounts did not ccKnply with the applicable requirements conceming the form and contenl of accounts set out In the Chantses (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'ttue and fair. view which is rM)t a mattel consideTèd as part of an independent 8xaminatK)n. I have no concems and have come across no other matters in connects.on with the examination to which attention should be drawn In this report in order to enable a proper understsnding of the accounts to b8 reached. Signed: Date: 1510912025 Name". Alicia Holland Relevant professional qualfficats'on{s) or body: Address: MAAT Long melfd, Suffolk Section B Disclosure: It was disclosed to me by the Chairty upon audiling this year that a savings account was missing from the balance sheet last year. This is explained as due to access being unavailable at the time of the accounts and unknown if any balance was remaining in that account. The Charity has made a coThection to its balance brought forward and l am now satisfied that all funds of the charity are reported correctly now and it was an honest error in the prior year not to be replicated in the future.