kEden Eden Network Merseyside Annual report and financial statements Charity Registration number 1152765 Year ended 31 March 2024
Eden Reference and administratlve details for the year ended 31 March 2024 Charlty Reglstratlon number: 1152765 Company Reglstratlon Number: CE000557 Working name Eden Neknvork Metsoyslde Prlnclpal office CIO The Message Trust Lancaster House, Harper Road Sharston Industrial Area Manchester M22 4RG Trustees Sam Ward The Message TNst Bankers The Co-operatlve Bank PO Box 250 Skelmersdale WN86 Governlng document Deed of Tmst Page I EDEN NEtWORK MERSEYSIDE CHARITY No 1152765
EDEN NEfwoRK MERSEYSIDE TRusfEES' REPORT FOR7HE YEAR ENDED 31 MARCH 2024 GOVERNANCE AND MANAGEMENT Eden Network Mersey5ide is a Charitable Incorwrated Organlsatlon (CIO) governed by a Deed OF Trust. It was granted charltable status on 29 March 2012 and registered as a Cto on 08 July 2013. The Deed of Trust has charltable acloS which are., Object$ I. EDUCATION. To advance education and tining within soclally and economlcally disadvantaged communltles of Merseyslde (the areas of beneflt) 2. YOUNG PEOPLE. To help young people within the area of beneflt, esplalIY but not exduslvety through lelsure tlme actlvltles, so as to develop thelr capabllltles that they may g)W to full maturity as Individuals and members of soclety 3. RELIGION. To advance, communlcatet explain and detnon5trate the Chrlstian falth wlthln the area of b@nefit in accordan wlth the basls of falth 4. POVERTY. To relleve poverty and slckne5s and promote and protect good health of peAJple living in the area of benefit 5. COMMUNITY CAPAcrrY BUILDING. To develop the capacity and skills of the residents of the area of benefit such a way that they are better able to Idenljfy, and help meet thelr needs, and to partlclpate more fully in society. 6. PROMOTION OF SOCIAL INCLUSION. To promote social Inclusion for the public benefit in the area of benefit by preventing people from becomlng gjtlally excluded, rellevlng the needs of those people who are socially excluded and assisting them to integrate into soclety, For the purpose of thls clause 'socially excluded, mean5 being excluded from society, or parts or sodety, as a result of one or more of the following factors: Unemployment, financlal hardshipi youth or old age, ill health (physical or mental), substance abuse or dependency Indudlng alcohol and drugs, disciimination on the grounds of sex, race, disability, ethic origin, rellglon, bellef, creed, sexual orlentstion or gender r&asslgnment, poor educational or skills attainment, relat10115hips and family breèkdowni poor houslng (that Is houslng that does not meet baslc habltable stsndards), and crime (elther as a victim of crime or as an offender rehabilitating Into soclety). 7. OTHEIL To promote such other charltable purposes for the beneflt of the resldents of the area of beneflt In such a way as the irustees shall think fit. RESPONSIBILITIES OF THE TRUSTEES Charity Law qUIre that the Trusteesi prepare flnanclal statements givlng a true and falr vlew of the charlty's financial activitie5 during the year and of its financial tx)sition at the end of the year. In ppatIng financlal statements the Trustees have: selected sui13ble accounting txllcies and then applled them cons]stentlyi made judgements and estimates that are reasonable and prudent. followed appllcable accountlng standards without any tnaterlal departures. and prepared the financlal statements on the golng concem basis. The Trustees are responsible for keeplng accounting records which dlsclose, wlth reanable accuracyi the flnanclal posltlon of the charity. They are also responslble for safeguarding the assets of the charlty and hen tsklng reasonable steps for the preven11on and detection of fraud and other Irregularitle5. Page 2 EDEN NETWORK MERSEYSIDE CHARITY No 11 $2765
EDEN NEfwoRK MERSEYSIDE TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 RESERVES POLICY The Trustees have adopted a reserves pollcy whlch they conslder approprlate to enable the Charitable Incorporated Organisation to meet its developing commltments and obllgations, To this end the Charlty's pollcy Is to retsln funds equivalent to approximately I month's staff and administration costs. PUBLIC BENEFIT sfATEMENT The Trustees conflrm that, when exercising their powers and dutles, they have cornplied wlth the duties in the Charlties Act 2011 to have due rÈgard to Charlty Commlsslon's general guidance on public beneflt and further details can be found in the Review of the Year belc)w. RISK MANAGEMENT &GOING CONCERN The Directors contlnue to revlew and alleviate potential risks, in accordance wlth the gUIdan set out by the Charlty Commlsslon. The Board of Tnjstees have reviewed the charity's financial performan for the year ended 31 March 2024 and Its flnanclal posftlon at that date. They are satlsfled that the charity ha5 access to enough financial resources {including support fmm the Eden Network] to allow It to contlnue for at least 12 months from date of approval of the financial statements. REVIEW OF THE YEAR The trustees are dellghted to report a net suplus for the financial year, Our Eden team in Netherton Is Inueaslngly becomlng part of the every day Ilfe of the whole ChUh as they run community and children's attivities and helping with njnning the communlty gr0ry. Our Eden Team In Kenslngton contlnues to make a blg dlfference in the area by running a toddler group, an outdoor (x)mmunity garden, and meetlng the needs of the local area wlth Inltlatlves such a5 their hope community fridge helplng local people with food and the cost of Ilvlng. FUTURE DEVELOPMENTS In 2025126 we wlll look to consolidats our posltlon. We contlnue to have the support of the Eden Network and are working more closely with our Proxlmlty Neiwork to gather like minded people, churches and organisaUons to suport each other, We are looking to explore new areas within the reglon where we can make a prltve Impatt as well as build on the well tablIshed work with the two teams we cUentlY have in plèce. SMALL COMPANY PROVISIONS The report has been prepared in accordance with the provlslons appllcable to companies entitled to the small companies exemption, Thi5 Report was approved by the Board of Trustees on 27 January 2025 and slgned on Its behaf by (Trustee) Page 3 EDEN NETWORK MERSEYSIDE CHARITY No 1152765
EDEN NEnAIoRK MERSEYSIDE STATEMENT OF FINANCIAL ACTIVrnES (including income and expenditure account) YEAR ENDED 31 March 2024 2024 untricted Funds 2024 Restricted Funds 2024 Totsl Funds 2013 T4)ts1 Funds Incoming resources from Generated Funds Volur)tsry Income Grants 2b 1,425 IA25 1,550 1,425 1,425 1,550 AcUvltl@5 for genorntlng funds other Incomlng resourcas TOTAL INCOMING RESOURCES 425 425 Cost of generatlng fundg FundlsIng c05t5 Chantable activitie6 Grants 2c Ordlnary mlnlsty costs 2d 1831 (83) 195) 183) (83) 195) Governance cwts TOTAL RESOUCES EXPENDED 95 Net incoming/ (outgoin9) rtgourc85 Funds blfwd at l April 2023 3,972 3,972 2,517 Funds c/fvJd at 31 March 2024 All actwitie5 are classed ès continuing actlvities. The notes on the following pages form part of th&e financlal statements. The comparby has no recognlsed galns or los* other than the net outgoing r&ources for the year. The statement also compli&s wlth the requirements for an income and expendttu account Und the compani Act 2006. Page 4 EDEN NETWORK MERSEYSIDE CHARITY No 1152765
EDEN NETWORK MERSEYSIDE BALANCE SHEET YEAR ENDED 31 March 2024 2024 TOTAL 2023 TOTAL Note$ CURRENT ASSErs Debtors 950 238 Co-operative Bank Account 4.791 4,078 TOTAL CURRENT ASSETS 5,741 LIABILITIES Crltur$- amount falling due wlthln one y&r 427 344 TOTAL LIABIUTIES 427 344 TOTAL NET LfABILITIES FUNDS Restrlcted Unrestricteii (Generall 5,314 3,972 TOTAL FUNDS Exemption For the year ended 31 March 2024 the company was entitled to exemption from audit under sectlon 477 of the CDmpanl* Act 2006 relatlng to small companies. Dlrertor's r8sponslbllltles The members have not Uired the company to obtaln an audit of Its accounts for the year in questlon In accordan with section 476 of the Companies Act 2006. The directors acknowledge their responsibillties for complylng wlth the requlrements of the Companies Act and The Charltles Act 2011 with respect to accounting records and the prepaJEtion af financial statements, These flnanclal statements have been prepared In accordance with the provi5ion5 applicable to companies subject tc the small companieg r8Jlme and In accordan wlth The Flnancial Reporting Standard applicable in the UK and Republic of Ireland" (Charities SORP FRS 1021 and section 132 of the Charltles Act 2011. Thls RekK)rt was approved by the Board of trustees and authorised for issue on 27 January 2025 igned on behalf of t e lar by,, Company registration number,. CE000557 Page 5 EDEN NETVWORK MERSEYSIDE CHARITY No 1152765
EDEN NETWORK MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 SEcfioN I. ACCOUNTING POLICIES These accounts have been prepared under the historlcal cost convenllon th items recognised at cost or transaction value unless Otherwise stated in the relevant notss to these accounts. The financlal statements are Prepar in 51erlingr which is the fvncbonal currency of the enlty. These flnancial Statemlts have been prepared In compllance th FRS102, The Financial Repoiting Standard appllcable In the UK and the Republic of Ireland" the Ststèment OF Recommended Practice applicable to charities preparlng thelr accounts In accordance wlth the Finandal Reportlng Standard applltsble In the UK and Republic Df Ireland {Charitles SORP FRS 1021 and the Companles Act 2006. Unrestricted funds represent tre funds of the charity that are not subJeLt lo any strict10n$ regardlng thelr use and are avallable for application on the general purpose of1he charity. Restllcted fund5 represent those recelv@d for speclflc purpose as specified by the donor or the terms under which the fund5 were received. The accounts include all tranClos, assets and Ilabilllies, for which the company is responsible in law. Voluntary income and copitsl sources Donations, gift5 and other incorlle are recognised as income when they are reIved. Donations and grants for specific purposes are accounted for a5 restricted funds. Where approprlate the charlty has tsken advantage of the Gift Aid scheme. Tax recovered and recoverable is eted es incone in the year In whlch the related donation is recogni5ed. Grants are credited as income in the year in which they are receivable. Sal&s income arlslng, e.g. speaking engagements or con5ultancyi is credited in the year in whith the wviTr is provided. Income from Inva8bnénts Interest entltlements on bank accounts are 3ccounted for as they accrue. Reg)urces expended are accountsd for on an ?ccruals basls and reCognIs when they fall due. Fixed Assets Tangible fixed assets wlth a cost of over £IOQO are capilallsed and valued at cost less depreciation. The 3ssÈts are depreciated on a straight line basls over thelr estlmated useful economic life. The perlods used are as follo5.. Computer equIpM Offlce equlpment and fithres and flltlngs 2 years 3 years Eden Nets¥ork Merseyslde does not have any flxed assets. All Trustees glve their time voluntarily and are not expected to claim expenses, Board meetlng5 are hosted by rtner thurch who provide a meeting room and refrhments at no cost, Page 6 EDEN NETWORK MERSEYSIDE CHARttY No 1152785
EDEN NEfwoRK MERSEYSIDE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 MARCH 2024 SECTION 2. NOTES TO THE AccoUrS 2a. Incoming Resources Tre nature of our charitsble actiwtses is that we are always seeklng to ralse funds In furtheran of our charltable aimg acr055 the region. 2b. Voluntary Income Eden Network Merseyside recelved donallons vla one.off gifts, regular standlng orders and repeat gifts, A greater proportion of funding was recebved from Indlvlduals but in addltlon to this the charlty received flnanclaS support from churches vla the Eden Network. 2024 2023 Unrestrlcted Income Voluntsry Income 1,425 1,550 1,425 l income received during the year was for unreslrirted purposes. 2c. Grants ExpÉndod 2024 2023 Unrestrlcted Restrlcted Totsl Total No grants expended during the year. 2d. Ordinary ministry costs 2024 2023 Support Costs - General administration rrthes 83 83 95 95 3. Debtorg 2024 2023 Other debtors 950 238 950 238 Pago 7 EDEN NEtWOPJ< MERSEYSIDE CHARITY No 1152785
EDEN NETWORK MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 SECTION 2. NOTES TO THE ACCQUNTS (Continued) 2024 2023 4. Credltors- amount falllno du8 wlthln one year Trade Credltors Tlthes amounts payable 427 427 344 344 5. Stafflno The charity did not employ any staff dutlng the year. 6. Related Porty Transartions Nolle of the Trustees reiVed any remneraon from the charlty durlng the year. At the year end the charity was owed £950 (2023,. £238) from The Message Trust. Page 8 EDEN NEfwoRK MERSEYSIDE CHARITY No 1152785