The Social Justice Network Limited Annual Report and Financial Statsments 31 December 2024 Company registered numberJB763875 Charity number.. 1159936
Contsnts Réports Reference and administrative information Report of the Trustees Independent auditorfs report Financial statements Statement of financial activities 12 Balance sheet 13 PrinGipal accounting policies 14 Notes to the financial statements 16 The Social Justice Network
Referenco and admlnlstrative inforniation Trustees Reem Khider Timothy Woolmer The Revd Dr Jonathan Arnold Miranda Ford (resigned 18 March 2025) The Revd Carol Smith David Kemp (Resigned 24 September 2024) The Venerable w[11aM Adam Jeremy Cross Registered office Di0san House Lady Wootton's Green Canterbury Kent CT1 1NQ Auditor Buzza¢ott Audit LLP 130 Wood Street London EC2V 6DL Company registration number 08763875 Charfty registered number 1159936 The Social Justice NeIOrk Limited 1
Trustees, Report Year ended 31 December 2024 The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with the financial statements of The Social Justice NeOrk for the year ended 31 December 2024. The Trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's goveming document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Since the charitable company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directorfs Report) Regulations 2013 is not required. OBJECTIVES AND ACTIVITIES Policies and objectives The Social Justice NeIOrk has the following aims and objectives: The relief of financial hardship, either generally or individually, through the provision of grants. goods or services, mainly but not exclusively for homeless people, refugees and asylum seekers, as well as ex-offenders leaving prison into homelessness. To promote the efficiency and effectiveness of other charitieslgroups, mainly but not exclusively. by the provision of information, advice and support. In setting objectives and planning for activities, the Trustees have given due consideration to the Charity Commission published guidance on the operation of the Public Benefit requirement. ACHIEVEMENTS AND PERFORMANCE Trustees Report Our work remains at the heart of the diocesan vision that we are 'changed lives changing lives,, as we help to transform our communities through social actn. Introduction It has been an incredible year of change, development and growth for The Social Justice NeOrk (SJN) as Jonathan Arnold, SJN'S Executive Director describes in the report that follows. SJN runs on a handful of paid staff and a whole heap of volunteers, without whom our projects would not be able to function - so if you are reading this and you are one of them, thank youl And if you're reading this and wondering how you could contribute some of your time, energy or resources, do please contact us through our website.. htt s.'Ilthesocial'usticenetwork.or l. There is always room for more volunteers. SJN'S Board of Trustees is also looking for tNo new trustees so again, if thi5 15 something you might be interested in, do please let Jonathan Arnold or myself know. The Social Justice Network Limited 2
Trust88s' Report Year ended 31 December 2024 The expertise of the core team will continue to work with the diverse, knowledgeable, and passionate people in our parishes and deaneries, through campaigning and community engagement, as well as encouraging, supporting, and advising on parochial and deanery projects and plans that seek to help the most vulnerable in our society. The team also continue to run a portfolio of projects working with the poor and homeless, people released from prison, refugees and asylum seekers in Kent and France, victims of trafficking and slavery, rural communities and those living with disabilities, and community initiatives of various kinds. Highlights in 2024 were the official launch of the newly named charity. and subsequent compilation of a database of supporters, and a new newsletter. Val Wallis, MBE, stepped down as our Chair of Trustees, and her successor is Revd Carol Smtth. Connecting Canterbury, one of our projects, offers signposting. support and help to those in need. There has been a huge increase in need, and where possible, we encourage people and families to come and talk to our volunteers at our 2 main hubs, The Hub (Canterbury Baptist Church) on Thursday mornings. and at All Saints Community Larder at All Saints Church on Fridays. In 2024 we gave £4,700 in 289 payments for emergency energy, this was about £1 ,500 less than 2023 thanks to new systems that have been put in place requiring identification and limiting the amount that people can receive. These new systems continue to be responded to favourably by both volunteers and service users, and will hopefully enable us to allow the money to stretch further. About half of these payments were to new people who had heard of our service. We were inuedibly grateful for a grant received from Canterbury City Council which we have been able to use for purchasing energy vouchers, and were able to put the voucher amount up from £15- £20 from November to February. We have also started to use different vouchers, which mean that we do not have to give 'cash out, vouchers anymore as all forms of energy payment are covered. The need for white goodslhousehold items continued to be high in 2024, when we applied for 63 ACTS435 grants in total. Helen Netherton continued the role ofteam lead. There has been an increase in the number of volunteers, now with 9 working on a rota basis (2 working on the table, and 1 Yloating. each week). The CCC grant also meant we were able to host a Financial First Aid training course shared with 7 other organisations in Canterbury. Helen continues to work closely with the Diocesan House team and making contact around the area. It has been an exciting year and we look forward to sharing the developments as we move on. Our 'Break the Cycle. project aims to end the cycle of re-offending caused by releasing people from prison into street homelessness, by means of a partnership project to provide 5UPPOrted housing and community support and to evaluate the effect this support has on re-offending rates. This project is led by The Social Justice Network. in partnership with the Diocese of Canterbury, CampaignKent. and others. A diocesan propety has been made available to the project. A key element of this project is integrating house residents into the local community to build their self-confidence and improve their mental health and well-being. In 2024 two residents moved successfully into loGal aLrthority accommodation. We updated our criteria and referral pack and expanded our search for referrals to a national level (previously locally focussed within East Kent). Residents of Break the Cycle's home were keen to establish more links with the local community. to break down stigma, build relationships and improve mental health and wellbeing for both those in the project and in the local area, by volunteering at the local community centre and food pantry twice per week. a weekly community Curry Club was attended by those in the project, to establish local connections,. funding was secured from local councillor for'Grub & Games, night, to be hosted by the house residents in the games room. for their neighbours and men from Curry Club. The Social Justice Neork Limited 3
Trustees, Report Year ended 31 December 2024 Our Kent Refugee Programmes successfully raised £90,000 viith the Benefact Trust to support and extend our work for 3 years. Casework brought an increased workload of supporting asylum seeking families with school placements, Benefit System, Referral to Citizens, Advice Bureau and other agencies. Accommodation was secured for 3 male refugees and 1 refugee family. We undertook interfaith work in Greece at a 'World of Neighbours, Summit, with a team of practitioners from across Europe. There was an interactive exhibition in Canterbury Cathedral Chapter House during Refugee Week, organised and devised by the Refugee Project Board including Kent Refugee Action NeOrk. the Social Justice Network of the Diocese and Cathedral. and focussing on the plight of refugee5. Visitors were invited to explore what'home, means to them and to those who have had to leave their own homes because of war, violence, oppression and climate change., to experience how they have come to Greate a new home here in Canterbury, and the cultural richness that they have brought with them. The week also focussed on safe and legal routes advocacy and strategic work to implement migration policies oriented towards global resettlement needs. Our refugee manager also advocated for Community Sponsorship and Devolved Integration Support to churches, managed a part time Ukraine Link Officer and a team of 8 Volunteers. In 2024 The Social Justice NeOrk also provided a Chaplaincy service at the Kent County Show and 'Fruit Focus. at the Kent County Showground. Next year we plan a Sunday service at the Kent Show and to use a small marquee with the Farming Communty Nert<. We also built partnerships with the Action on Povety Working Group, working with multiple agencies across the Canterbury District to share ideas. resources, signposting, ensuring coverage, and supporting different community groups. We are also partnered with Margate Explorer Sea Scouts in volunteer opportunities, Folkestone Rainbow Centre, and national organisations, such as Safe Families for Children. Revd Prof Jonathan Arnold, SJN Executive Director., Revd Carol Smith, Chair of Trustees The Social Justice Network Limited 4
Tnstees, Report Year ended 31 December 2024 FINANCIAL REVIEW Results for the year Total income increased from £182,515 in 2023 to £223,760 in 2024. Total expenditure increased from £192,248 in 2023 to £219,214 in 2024. RESERVES POLICY The level of resetves as at 31 December 2024 is suffiGient to meet short term planned expenditure. At the end of 2024 the unrestricted (free) reserves were negative £2,075. Restricted reserves were £136,321. The reserves policy is to hold sufficient reserves (including restrrcted reserves) to meet three months expenditure and allow projects to be run-down in a smooth manner if future income is unlikely. The level of reserves is in line with the policy for restricted funds. The level of unrestricted funds had fallen below the required level due to delay in receiving £50,000 of unrestricted funds but had been received in early 2025. GOING CONCERN The Trustees have assessed whether the use of the going concern assumption 15 appropriate in preparing these financial statements. The Trustees have made this assessment in respect to a period of one year from the date of approval of these financial statements. The Trustees have concluded that there are no material uncertainties related to events or conditions that may cast signrficant doubt on the abilty of the charitable company to continue as a going concem. In view of negative unrestricted reserves at year end, the Trustees had sought assurance from the parent charity that there will be further support provided should there be further delays in receiving unrestricted funds. This assurance has now been given. Therefore, the Trustees are of the opinion that the charttable company will have sufficient resources to meet its liabilities as they fall due and for this reason the Trustees continue to prepare the financial statements on a going concem basis. The Social Justice NeOrk Limited 5
Trustees, Report Year ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Constitution The company is constituted under a Memorandurn of Association dated 6 November 2013 and is a registered charity, number 1159936. The company is limited by guarantee and is registered in England and Wales (Company Registration Number 8763875). Until 26 January 2021, Together Kent was a Joint Venture between Canterbury Diocesan Board of Finance, through its Communities and Partnerships Framework, and the Church Urban Fund. From that date the joint venture with the Church Urban Fund ceased to exist and the charitable company became a wholly owned subsidiary of Canterbury DI0San Board of Finan. We are grateful to the Church Urban Fund for the funding received from them which has enabled us to establish The Social Justice NeOrk. Method of appointment or 8lection of trustees The management of the charitable company is the responsibility of the Trustees who are elected and ¢o- opted under the terms of the Articles of Association. Poll¢les adopted for the induction and training of truste8s At the first meeting of the Board, time was set aside for the induction of Board members. Training for new Trustees is provided when they join the Board. Further training is available if requested and time is set aside at each Board meeting to update Trustees on their responsibilities and any changes in legislation. Organlsational structure and decision making The Board is organised so that the Trustees meet regularly to shape and monitor the work of The Social Justice Neork. During meetings, the Trustees work with the Partnership development workers to form and shape the strategy of the charity and the work that they undertake. Risk management The Trustees have assessed the major risks to which the charitsble company is exposed, in particular those related to the operations and finances of the charitable company and are satisfied that systems and procedures are in place to mitigate the charity's exposure to major risks. The key risks facing the charitable company relate to the provision of grant ftjnding and loss of key employees. The Social Justice Network Limited
TfU$tees' Report Year ended 31 December 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT (continued) Truste8s' responsibility statement The Trustees (who are also directors of the charitable company for the purposes of company law) are responsible for preparing the Trustees, Report and the financial statements in ac¢ordan¢e with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Twstees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the Charitable company for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable a¢¢ura¢y at any time the financial position of the Charitable company and enable them to ensure that the financial statements Comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In preparing this report, the Trustees have taken advantage of the small companies, exemptions provided by section 415A of the Companies Act 2006. This report was approved by the Trustees o September 2025 signed on their behalf by.. Revd Carol Smith Chair The Social Justice Network Limited 7
Independent auditorfs report 31 December 2024 Independent auditor's report to the members of The Social Justice Network Llmlted Oplnion We have audited the finanGial statements of The Social Justice Network Limited (the 'charitable company,) for the year ended 31 December 2024 which comprise the statement of financial activities. the balan sheet. the principal accounting policies and the notes to the financial statements. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements= + give a true and fair view of the state of the charitable company's affairs as at 31 December 2024 and of its income and expenditure for the year then ended- • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and • have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in a¢¢ordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordan wth the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and the provisions available for small entities, in the circumstances set out in the financial statements and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material unGertaintie5 relating to events or conditions that, individually or collectively. may cast significant doubt on the charitable company's abilty to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are desGribed in the relevant sections of this report. The Social Justice NeIOrk Limited
Independent auditor's report 31 December 2024 Other infonnation The other information comprises the information included in the annual report, including the trustees, report. other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other information contsined within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connects'on with our audit of the financial statements, our responsibility is to read the other infomiation and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Oplnions on other matters prescrlbed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. + the information given in the trustees. report, which is also the directors, report forthe purposes ofcompany law for the financial year for which the financial ststements are prepared is consistent with the financial ststements., and • the trustees, report, which is also the directors, report for the purposes of company law has been prepared in accordance with applicable legal requirements. Matters on which we are requir8d to report by exception In the light of the knowledge and understanding of the charttable company and its environment obtained in the Course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you rf. in our opinion- • adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,. or • the financial statements are not in agreement with the accounting records and returns; or rtain disclosures oftrustees. remuneration specified by law are not made., or • we have not received all the infonrjation and explanations we require for our audit., or • the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies. exemptions in preparing the trustees, report and from the requirement to prepare a strategic report. The Social Justice NeOrk Limited 9
Independent auditor's report 31 December 2024 Responsibilities of trustees As explained more fully in the trustees, responsibilities statement set OLrt on page 7, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or eor. In preparing the financial statements. the trustees are responsible for assessing the charitable company's ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations. or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial ststements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or eor, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, induding fraud. The extent to which our procedures are ¢apable of detecting irregularities, including fraud is detailed below. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the audit partner ensured that the engagement team collectively had the appropriate competence. capabilities and skills to identify or recognise non-complianGe with applicable laws and regulations; we identified the laws and regulations applicable to the company through discussions with management and from our knowledge and experience., we focused on specific laws and regulations which we Gonsidered may have a direct material effect on the financial ststements or the operations of the company. including the Charities Act 2011, Companies Act 2006. we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management., and identified laws and regulations were communicated within the audit team regularty and the team remained alert to instances of non-compliance throughout the audit. We a55essed the susceptibility of the charitable company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: The Social Justice Network Limited 10
Ind¢pendent auditor's report 31 December 2024 Auditorfs responsibilities for the audit of the financial statements (continued) making enquiries of management and those charged with governance as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud,. and Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we= tested journal entries to identify unusual financial transartion5', tested the authorisation of expenditure as part of our substantive testing., investigated the rationale behind significant or unusual financial transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to- agreeing financial statement disclosures to underlying supporting documentation- reading the minutes of meetings of those charged with governance; enquiring of management and those charged with governance as to actual and potential litigation and claims. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-com pliance. Auditing standards also lim it the audit procedures required to identify non-¢om plian¢e with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any. Material misststements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities is available on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description fomis part of our auditorfs reporL Use of our report This report is made solely to the charitable company's members, a5 a body. in accordanGe with Chapter 3 of Part 16 of the Companies Act 2006. Our audit Vrk has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditovs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibilty to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, orforthe opinions we have fomied. . A.¥.-6 JL/ Catherine Biscoe (Senior Ststutory Auditor) For and on behalf of Buzzacott Audit LLP, Statutory Auditor 130 Wood Street London EC2V 6DL Date: 26 September 2025 The Social Justice Network Limited 11
ststement of financial activities Year to 31 December 2024 Unr•strictèd Rastrieted fund$ funds 2024 2024 Total Unrestricted Restsicted funds fvnds fuTrJs 2024 2023 2023 Total funds 2023 Income and expendituro Notes Incom& from: Donations and grants Charitable activities Other income Total income 121728 72.487 28.387 195.215 28,387 158 223.760 86.2S5 63.949 32.311 150.204 32.311 158 121886 100.874 86,255 96,260 182,515 Expendiiure on: Charitable aCtIlieS Total expendiiure 140.437 140.437 78.777 78,777 219.214 219,214 90,909 90.909 101,339 101.339 192.248 192.248 Net le¥penditureVincon for the year and net movement in funds 117,5511 Z2.097 4.548 14.6541 15.0791 (9.733) RgconcillatSon of funds: T¢)tsl funds brought foard Total funds carrled forward 16,476 12.075) 114.224 136.321 129,700 134.246 20.130 119.303 139,433 129,700 15,476 114.224 All activities relate to continuing operations. The notes on pages 16 to 18 form part of these financial statements. The Social Justice NeOrk Limited 12
Balance sheet 31 December 2024 2024 Notes £ 2023 Current ass•ts Debtors Cash at bank and in hand Total current assets 5,485 148,457 153,942 7,722 144.530 152.252 Crnditors amounts falling due within one year (19,696) 122,552) Net ¢urr•nt assets Net assets 134,246 134,246 129.700 129,700 Charity funds Unrestricted funds Reslri¢ted funds Total funds {2,075) 136,321 134,246 15,476 114,224 129,700 The Trustees acknowledge their responsibilities for complying w¢th the requirements of the Companies A¢t 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at 31 December 2024 and of its net income for the year in accordance with the requirements of sections 394 and 395 of the Act and which othefwise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. The financial statements have been prepared in accordance with the provisions applicable to small Companies within Part 15 of the Companies Act 2006 and in accordance with FRS102, the Financial Reporting Standard applicable in the UK and Republic of Ireland. The financial ststements were approved by the Trustees on on their behalf by.. September 2025 and signed Revd Carol Smith The notes on pages 16 to 18 fonn part of these financial statements Company Registration No.. 08763875 The Social Justi Network Limited 13
Principal accountlng pollcles 31 December 2024 Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing their accounts in accordance wrth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Social Justice Neiwork meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. In accordance with Section 7 of FRS 102, the Gharity is exempt from having to present ashfiow statement. The financial statements are presented in sterling and rounded to the nearest pound. Company status The charitable company 15 a company limited by guarantee. which is registered in England and Wales, with the company number 8763875. The company's registered office is Diocesan House, Lady Wootton's Green, Canterbury, Kent, CT1 1 NQ. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. Critical estimates and judgements Preparation of the financial statements has not required the Trustees and management to make significant judgements and estimates. Income All income is recognised once the charitable company has entitlement to the income. it is probable that the income will be received, and the amount of income receivable can be measured reliably. Expenditure Expenditure is reGognised once there is a legal or constructive obligation to make payment to a third paty. it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual basis. All expenses including support costs and govemance costs are allocated to the applicable expenditure headings. Cash at bank and in hand Cash at bank and in hand represents such accounts that are available on demand. The Social Justice Network Limited 14
Principal accounting pollcles 31 December 2024 Debtors Trade and other debtors are recognised at the settlement smount. Creditors Creditors and provisions are recognised where the charitable company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount. Fund Accounting Unrestricted funds comprise those monies which may be used towards meeting the charitable objectives of the Gharity and may be applied at the discretion of the Trustees. Restricted funds are monies raised for, and their use restricted to, a specific purpose, or donations subject to donor-imposed conditions. Going Concern The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. The Trustees have made this assessment in respect to a period of one year from the date of approval of these financial statements. The Trustees have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charitable company to continue as a going Concern. The Trustees are of the opinion that the charitable company will have sufficient resources to meet its liabilities as they fall due and for this reason the Twstees continue to prepare the financial statements on a going concern basis. Although the level of unrestricted funds had fallen below the required level at the end of 2024, the trustees are Confident that additional funds will be obtsined to improve this position in 2025. The Social Justice NeOrk Limited 15
Notes to the accounts 31 December 2024 1 Incom8 from donations and grants Unrestrlctsd Restricted fund8 fund5 2024 2024 unrestsled funds 2023 Reslriced fijnds 2023 Totsl 2024 TLal 2023 Grants Donations Other income 12,500 110.228 158 122.886 49,210 61,710 133.505 158 195.373 42.500 43.755 31.440 32.509 73,940 76.264 71487 86,255 63.949 1 SJ.204 2 Income from charitable activities Unrestricted funds 2023 Restricted fijnds 2023 funds 2024 Total 2024 Total 2023 2024 Housing rents 28.387 28.387 28,387 28.387 32,311 32,311 32.311 32.311 3 Expenditure on charitable activities Unrestricted Rg5trictgd fijnds 2024 Unrestricted Re5triGted Jnds fijnds 2023 2023 Total 2024 Total 2023 2024 Connecting Canterbury Refugee Fund Brèak the Cy¢le Acts 435 Support costs Governance costs (see note 4) 7.319 12.746 44A56 14,256 7,319 51498 44,4S6 14,266 93.985 6,700 11,079 23,983 52,285 13,992 11,079 65,345 52.285 13.992 45.447 4,100 39.752 41.362 93.98S 6.700 45,447 4,100 140.437 219,214 90,909 101,339 192.248 4 Govemance costs Unrestricted Unrestri¢Xed funds funds 2024 2023 Audito¢s remuneratron 6.700 4,100 5 Trustees, remuneration No Trustees received any remuneration or beneffts in kind during the year (2023 - £nil). Jonathan Amold received £2,495 of reimbursed expenses during 2024 (2023 - £3,236). Karen Adams did not act as a trustee during 2024 (2023- £596.50). Jeremy Cross received £34.40 of reimbursed expenses during 2024 (2023 - £nil). The Social Justice Network Limited 16
Notes to the accounts 31 Dernber 2024 6 Debtors 2024 2023 Prepayments Gift Aid recoverable CDBF intercompany 841 4.644 441 6.822 459 7.722 5A85 7 Creditors 2024 2023 Amounts falling due within one year Amount due to parent charity (note 11) Acouals and deferred income 13,086 6.610 19,696 17,097 5.455 22,552 B ststement of funds Brought fop•vard Carrled foThvard Income Expendltu 2024 Unrestricted funds General fijnds 15,476 122,886 (140,4371 12,0751 Restrictsd funds Connecting Canterbury Refugee Fund Break the Cycle Acls 435 Restricted funds Total funds 12,051 28,472 70.921 2,780 114.224 129.700 11,385 37,749 37.7CQ 14.040 100,874 223.760 17,3191 {12,7461 {44.4561 {14.2561 178,T171 {219,214) 16.117 53.474 64,165 136,321 134,246 Canied fonNard nditUre 2023 Unrestricted funds General fvjnds 20,130 86,255 190,9091 15,476 Restrtcted funds Connecting Canterbury Refugee Fund Break the Cycle Acts 435 Restricted fund5 Total funds 12.550 23,891 80.645 2,217 119.303 139.433 10.580 28,564 42.561 14,555 96.260 182,515 (11,0791 (23,983) {52,285) {13,992) (101,339) (192.2481 12,051 28.472 70,921 2,780 114,224 129,700 The Social Justice NeIOrk Limited 17
Notes to the accounts 31 December 2024 Restricted Funds a) Connecting Canterbury- this fund offers signposting, support and help to those in need. b) Refugee Fund- this fund helps refugees adapt to a new life in the UK. c) Break the Cycle - this fund offers supported housing to those released from prison who are trapped in a cycle of homelessness and rewoffending. d) Acts 435 -This nd receives direct funding for specifically identified needs as part of the national Acts 435 network. 9 Analysis of net assets between funds Unrestricted Restricted funds funds 2024 2024 Totsl 2024 Current assets Creditors due wthin one year 15,111 (17.186) (2,075) 138,831 {2,510) 136.321 153,942 119,696) 134,246 Unrestricted fvnds 2023 Restii¢ted furKi$ 2023 Total 2023 Current assets Creditors due within one y@ar 35.165 119,689} 15,476 117.087 (2,863) 114.224 152,252 (22,5521 129,700 10 Related party transactlons The financial statements do not include disclosure of transactions between the company and entities which are part of the Canterbury Di0san Board of Finance group. This is because as a subsidiary whose shares are wholly owned within the group. it is exempt from the requirements to disclose such transactions under FRS 102 Section 33.1A. 11 Ultimate parent undertaking and controlling party The company's ultimate parent undertaking and controlling paty is Canterbury Diocesan Board of Finance, a registered charity (Charity Registration Number.. 249972) and a company limited by guarantee (Company Registration Number.. 00145650 (England and Wales)). The company'5 financial statements are consolidated wth those of Canterbury Diocesan Board of Finance. Copies of these consolidated financial statements may be obtained from: Diocesan House Lady Wootton's Green Canterbury CT1 INQ The Social Justi NeOrk Limited 18