COMPANY REGISTRATION NUMBER: 9725781 .CHARITY REGISTRATION NUMBER: 1166382 Together Norfolk Company Limited by Guarantee Unaudited financial statements 31 December 2023
Together Norfolk Company Limited by Guarantee Financial statements Year ended 31 December 2023 Pago Trustees. annual Teport lincorporating the directors, report} Independent examinerfs report to the trustees Slalement of financial activilies linduding income and expendlture a¢unti Slatemgnt of financial position 10 Notes lo the financial stalernents 11
Together Norfolk Company Lirnlted by Guarantee Trustees, annual report (incorporating the dirpctors, report) Year ended 31 December 2023 The trustees, who are also the diieclors foi the purposes of company law. present Iheir report and the unaudited financial statements of the charity for the ye8r ended 31 December 2023. The finanrial statements have been prepared in 8¢cordance with the accounting policies set out in notes lo the accoun15 and cornply with the charity's governing do¢umenl. the Charities Act 2011 and Companies Act 2006 and Accounting and Rep(>rting by Charities.. Statement of Recommended Practice applicable to charities preparing their aoUntS ift accordance with the Finan¢ial Reportin9 Standard applicable in the UK and Republic of Irel8nd published in October 2019. Reference and Idmlnlstrative d•talls Re9i¥tered Charity name Together NorfoSk Charlty roglstration number 1166382 Company regbstrntion number 9725781 PrSnclpal office and regi8t•r•d Dio¢esan House offic¢ 109 Deieham Road Easto Norwich Norfolk NR9 SES The trustee8 The Iwstees who seryed during the year and at the date of approval were as follows.. The Revd Canon Aidan Platten The Revd James Stswart, Priest, Thorpe St Andrtrw, Norwich The Revd Canon Peter Howard Rev Matthew Pricè {8ppointed 13 July 20231 Rev Michaela Sorenson lappoinled 13 July 20231 The Revd Canon Simon Ward, Inrajmbent, Greal Yarmouth Team Ministry Hannah Worsley. Project Manager, Norwich Fo¢dbank The Rl Revd Jane Steen. 8ishop ol ngS Lynn Mark Proctor FCA DChA Lovewell Blake LLP Chartered aUntantS Bankside 300 Peachman Way Bro3dland Business Park Nowich NR7 OLB Independent txamlner B*nker¥ Barclays Bank PIC 3 Sl James Court NOlCh Norfolk NR3 IRJ
Together Norfolk Company Limited by Guarantee Trustees, annual report {incorporating the directors, report) (tontlnuedl Year ended 31 December 2023 Sollcltors BiTketts Kingfisher House 1 Gilders Way Norwich Norfolk NR3 1UB
Together Norfolk Company Limited by Guarantee Trustees. annual report (incorporating the directors, report} {contInu Year ended 31 December 2023 Ob)tiveS and activittes Ov•rall ObjeCVaS TogelheT Norfolk shares the aim5 and objeth'ves of the Church Urban Fund's (CUFI Togelher Network which a lo.. grow the number of church-based soe4al actiwlies within the diocese, helping churches to tackle povety and build strong flourishing communities develop people's capacity Its lake effective action lo tackle poverty build partnerships and collaboratsve working belween churches and with other organisations to Increase joined-up working and innovation There afe two Oevelopmenl Workers for Norfolk Together. one in Great Yarmouth and the other in King's Lynn. The NoThYi¢h Diocesan Board of Finance Ltd 15 a company limiled by guarantee, re9lStration number 88175, charity registration number 249318. Re9lSt&red address.. Dioeesan House, 109 Deieham Road, Easlon, Norwich, NR9 SES. The NOl¢h Diocesan Board of Finance Ltd promotes, facilit8les and assists with the work and purpose of the Church of England for the advanment of the Christian faith in the Diocese of Norwich and elsewhere, providing resources for Ministry and Mission. The Church Urban Fund ICUFI is a company limited by guarantee, registration number 2138994, charity regislralion numbei 297483. Registered adoress". Church House. Great Smith Stet, London, SWIP 3A2. CUF was established by the Church of En9land as a practical response to unmet need and has been active in loeal cornmunitiès for over 30 years through the Church of England'5 local parish nelworks. and alongside other faith-based and secular organisations, to bring about positive change in neighbourhood8, Funding arrangemènts Norfolk Together was ortginally formed in July 2016 as part of the Together Nefvlork as a partnership beeen the Diocese of NoNii¢h and thè CUF whereby funding was split on a 50150 basi8. In 2020 CUF advised that they could no longer commit to any further unrestiicted grant payments for Tooeiher Norfolk due to fsnancial ¢ulbacks. It was however agreed thal where funds remitted from CUF were previously more than what was required lo cover their annual 50°A of th& Together Norftslk costs, then the surplus funds could continue lo be used unlil fully exhausted. This agreement is on the condition that Togelhef Norfolk continue lo spend funds in accordance with its original airns and objectives anij that the Diocese continues lo meat ils funding responsibilitie8 to contribute 500A by way of either seeking additional exteinal granl fundfing or sel>financing.
Together Norfolk Company Limited by Guarantee Trustees, annual report (incorporating the directors, report) f¢oniinued) Year ended 31 December 2023 ObSoctivés and activltles i¢onthu¢ Management The Norwich Dioctrsan Board of Finance 18 responsible for: Payment 0150% 01 the costs ofTogelher Norfolk. Recruiting compelenl staff and ensuring they are well rnanaged, with all necessary HR policies in place. Prepare. monitor and report to the Together Norfolk Board its financi31 activities. Providing a DBF employee lo attend OT be a rnembef of the Together Norfolk board, to ensure the WOTk of Together Norfolk CLJmplemenls and enhances the 50aal action work ol the diocese. and to be Ihe person responsible for the diocesan commitment to Together Norfolk. Recruiting an effective diverse board of trustees lor Together Norfolk. whereby CUF appoint three Iruslee5 and the DBF appoints the InDminated by CUFI with 8 further three appointed by the Board. Providing support and endorsement wlthin the Diocese for Togelher Norfolk as having a key role in helping churches. To tsckle poverty locally, including enuragIng parishes to support ils work through time. money, aciion and prayer. Promoting the work of Together Norfolk through diocesan communication ioules suoh as the diocesan website, newspaper, newsletter and social media. Providing support 5eNees through Ihe dio(*san office induding payroll, HR Support, accounting and book-keeping, preparation Of annual accounts. The Diocese of Norwich is responsible for providing compLrterltelephone equipment as well as any neces53ry technical support for dewces prowded_ To include development workers in Diocesan staff meetingslcommunicatlons and treat them as any otheT OBF staff.
Together Norfolk Company Limited by Guarantee Trustees, annual report (incorporating the directors, report> (Con11ett) Year ended 31 December 2023 Oblectives and activities icontlnued) Cris1$ Ntsnagemènt Churth Urban Fund and the Diocese of NOlth commit to open and timely Communication with each other about any issues arising from Together Norfolk th31 are a cause for ¢oncem, and to working together lo find solutions. As granl-makers. CUF and Ihe Dlocese have a responsibility to ensure that all their grants are being used for the purpose for which they are given. As such. Ihe following will be considered events which Iriggei elaull of the 9rant'. If al any time, Together Norfolk is unable to pay ils debts when they fall L1ue Together Norfolk starts negotiab'tsns wth any of ils creditors wrth a view lo resdieiluling debts. Together Norfolk ceases to opeiate. Together Norfolk is in material breach of this 39reeme. Together Norfolk uses the grant monies for any Purpose other than for the purpos¢s set oul in this agreement. Any of Together Norfolk staff commit or attetnpt any fraud or have any un(Jedared and unattended conflict of Interest in relation lo the agreed programme. CUF 8nd the Diocese reserve the rioht lo terminate the partnership and require rgpaymenl of the balance of any unspenl grant money ftrllowing thè repayment of any statutory grant monies. In the event of winding up the charity. the transfer of any net assets of Together Norfolk shall be deatt with according to sèction 39 of the Artides ofAssociation. The board of Together Norfolk 1$ entitled to the partnership agreement by giving CUF not les5 than three rnonths, wr4tten notice and repaying any Ljnspent grant monies in lull. A decision to lerminale the agreement would also be a decision to withdraw from Èhe To9elher Neork, an(1 so any future work of the c*arity would need to continue unoer a different name and branding. Public Benefit The public beneft of Together Norfolk 1$ as described above in objectives and actiwlies. The Iruslees confirm that, in exercising their powers and duties, they have compiled with their duty to have due regaTd to the guidance on public benefit published by the Charity Commission. A¢hievements and performance E8¢h developmènt worker for Norfolk Together musl submit quarteily retums to both the Diocese and th¢ Chui¢h Urban Fund detailing the activities undertaken and ihe impact on achieving overall objectives.
Together Norfolk Company Limited by Guarantee Trustees, annual report (incorporating the directors, report) (conllnuedl Year ended 31 December 2023 Financial review The total income recogni5ed in these accounts is £46.136 Compared to £44,918 in 2022. The value of incorne Te¢eived in lolal from the Church Urban FL¢nd ICUFI w8$ £210,437 where £190.141 of this has been released lo Income as CUF'S 500h contribution towards expenditure lo dale. The rematning defèrred income of £20.296 is represented by the value of the balance at bank of £205,701, plus debttsrs of £222. less £146,651 whlch is owed to Ihe Dlocese of Nowtch at year end. and other creditors of £36,976. Reserve$ Poli¢y The Diocese of Nonvich and the Church Urban Fund ICUFI are each ¢orllmitted lo nfirMing funding for one year al 3 time by the 1 October for the following year. The serveS policy is set at £53,000 which is an eslimalion of one yearfs expenditure. Plan$ for future period For the following year theTogelher Norfolk workeT in Kings Lynn airns aTe'. Manage the transfer of the North Lynn Food Hub from a pop-up shop in 8 church hall lo a fully functioning shop. Train volunteers and appoint new shop Manager for the North Lynn Food Hub. Secure funding for the North Lynn Food Hub. Deliver the Growing Good course and similar PTO9rammes as requested by churches. Support churches considering Social action projects by providing adviGe, govemance. and training. Develop local partnerships through exlsling nebvorks, including Churches Togèther in King's Lynn and West Norfolk Forum. To appoint a new 5UPPOrt Worker upon the retirement of the present postholder. For the following year the Together Norfolk worker in Great YaTmoulh aims are.. Provide opportLtntties for those leading community-focused Chrislian ministries in the Great Yarmouth area to access infomiation, peer support and prayeT. resour8 and training. Share inlomialion about the communty-foc#Jsed Christian ministrigs in the Great Yamouth are8 with the wder MmunIty. Provide govèrnance, funding and networking support to $pècific projects in the Great Yarmouth area when need8d and appropnate.
Together Norfolk Company Limited by Guarantee Trustees, annual report (in¢orporating the dlrectors. report) f¢onllnuet¥ Year ended 310ecember 2023 strucre. govèrnance and management The organisalion is a charitable company limited by guarantee. incorporated on 10 August 2015 and registered as a ¢harity on 5 April 2016. The company was established under a Memorandum of Association which estsblished the objectives and powers of the charitable company and is govemed under its articles of assDciation. Trustees The founding members of the company are the NOlCh Diocesan Board of Finance and Church Urban Fund. The full board of Together Norfolk can have up lo nine Iruslee5, the majority of whom 8Te nominatotl by CUF and the remainder by the diocese. Employees ol CUF and the DBF who Srt on the board must acknowledge any polentsal conflicts of inleresl. The trustees receive no remuneration for their woik. Tho Board of Trustees foi Together Norfolk arÈ responsible for.. Directing and monitoring the work of the Togèther Norfolk workers so they can be effective and impactful ift delivering the aims Together Norftslk. Being an &ffective (*arity lollowing best pracb'¢e, including limely reporting to the Charity Commission and Companies House. relevant policies including Conflicts of Inte$1 policy, reserves poliry. training and indu¢lion of n¢w trustees Ensuring good financi81 management is in place IldIng its own bank account, wth regular reports lo the board. Meetlngs Tho Iwstees meet four times yearfy in January, April, July and October each year. Rlsk Management The Trustees have assessed the major risks to which ltte charty Is exposed, those related lo the opeiation$ and finances of the charity and are satisfied that systems and procedures are in place lo mitigate expos4Jre to the major risks. Independent Examlner M Proctor FCA DChA was appointed as the charitable companvs independent examiner during the year 8nd has expressed his willingness to continue in that capacAty. Small ¢ompany prnvlsions This report has been prepared taking advantage of the small companies, exemption of section 415A of the Companies Act 2006. The trustees, annual report was approved on 18 July 2024 and signed on behalf of the board of trustees by.. The Rl Revd Jane Chair teen
Together Norfolk Company Limited by Guarantee Independent examinerfs report to the trustees of Together Norfolk Year ended 31 December 2023 I report to the charity trustees on my examination of the financial statements ol the company for the year ended 31 December 2023 which comprise the statement of financi81 actlvilies {including income and expenditure accounll. ststement of financial t)osition and the related notes. Responsibllitsey and ba$ls of report As the charity's trustees of the company land also its directors lor the purposes of cornpany18wI you are responsible for the preparation ol the finan1 s18temènts in accordance wh the requirements of the Companies Act 2006 (the 2006 Act'l. Having satisfied myself that the financi31 statements of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinatioTr, I report in respect of my examination of your Company's financial slalements as carried out under sèction 145 of the Charities Act 2011 (the 2011 Act'l. In cairying oul my examin¥lion I have followed the D5ctionS glven by the Charity Comrnission under section 14515llbl of the 2011 Act. Independent èxaminerf5 Ststement I have completed my examination. I conffirm that no rnattefs have come to my attention in connection with the examination giwng me cause to believe that in any material respect.. accounting COrdS were not kept in respect ol the cornpany as required by seciion 386 of the 2006 Act,. or the financial slalements do not accord with those records.. or the financial stalemenl$ do not comply with the accounting requirements ol section 396 of the 2006 Acl other than any requirement that the aecounls give a 'true and fairf view which is nol a matter nSIdered as part of an independent examin8tion". or the financial statements have not been prepared in accordance with Ihe methods at)d principles ol the Statement of Re¢ommended Praclice fof aecountin9 and reporiing by tharitiès applieab lo charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in tre UK and Republic of Ireland IFRS 102). I have no coneems and have ¢ome across other matters in connection with the examlnation to whi¢h attention should be drawn in Ihis report to enabl& a proper understanding of the count$ to be reached. koetsr Mark Proctor FCA DChA Independent Examinei Lovewell Blake LLP Chartered 8¢countants Bankside 300 Peachman Way Broadland Business Park Norwich NR7 OLB .10112oL*
Together Norfolk Company Limlted by Guarantee Statement of financial activities (including Income and expenditure account) Year ended 31 Oecember 2023 2023 Unrestricted funds Total funds 2022 Total fund3 Note Income and endowments Donations and legacies Totsl Incom• 46,136 46.136 44,918 46,136 46,136 44,918 Expendltvre Charitable activities 46,136 46,136 46,136 44,918 Total expenditure 46,136 44,916 Reconclliatlon of funds Total funds brought Iofward rotal funds carried ft>rward The slalement of financial act"vities includes all gains and losses recognised in the year. All income and expenditure derive Iiom continuing adivities. The notss on pages 11 to 15 forni part of those financlal statements.
Together Norfolk Company Limited by Guarantee ststement of financlal position 31 December 2023 2023 2022 Note Current assets Debtors Cash at bank and in hand 10 222 205,701 205.923 161,233 163,233 Creditors: Amounts falllng due ¥thIn one year 11 (185,627} 1126,549) Net currènt assets 20,296 34,684 34.684 Totsl •s$•ts 1•68 ¢urrent Siabiliti¢s 20,296 Cr¥dltors: Amounts falling dug after more th¥n one y•ar Net liabilitlO$ 12 120,2961 {34,6841 For the year ending 31 Owmber 2023 the ¢harily was enlilled lo exemption from audit under section 477 of the Companies Act 2006 relating to sm811 companies. Directors, responsibilities.. The members have not required the comp8ny to obtain an audil of 115 ffinan¢i81 statèments for the year in question in accordance with section 476.. The director8 acknowledge their responsibilities for complying with the rèquirements of the Act with respect lo accounting records and Ihe preparation of financial 5talemenls. These financial 5ts1emenis have been prepared in accordance with the provi5ion5 applicable to companies subject lo ihe small companies, regime. These finanaal slalemen15 were approved by the board of trustees and authorised for issue on 16 July 2024, and are signed on behalf of the board by.. The Rt Revd Jane Stèen Chair Company registration number.. 9725781 The notes on pages 11 to 15 fomi part of these financial statements. 10
Together Norfolk Company Limited by Guarantee Notes to the financial statements Year ended 31 December 2023 Ggnoral Inforniatlon The charity is a public benefit entity and a private company limlled by guarantee, iegistered ir* England and Wales and 8 registered charity in England and Wale5. The addre85 of the registered office is Diocesan House, 109 Oereham Road. Easton. Norwich, Norfolk. NR9 SES. ststement of ¢omplianee The charity constitutes a public benefit entity as defined by FRS 102. The finanaal slalements have been prePad in accordance with Accounting and Reporting by Charitses.. Statement of Recommended Practice applicable to charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Standard applicable in the United Kingdom and Republic ol Ireland IFRS 1021, Ihe Charilies Act 2011. the Companies Act 20(A and UK Generally Accepled AoUntIng Prath'ce. A¢¢ounting policies 8asis of preparatlon The financial ststements have been pr6p8red on the historical cKJst basis. Going con¢ern The financial slalements have been prepared on the going eoncem basis a5 Ihe Iruslees believe no material un¢ertainlies exist. The ttustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these finanaal statements. The bud9eted income and eXndituTe is sufficient with the level of ie5erves for the charity lo continue as a going conc£rn. Fund accounting Unrestricted fLtnds are available for use al the discretson of the tsuslees to fvrther any ol the charity's purposes. Income All income is included in the statement of financxal activities when entillemenl has passed lo the charity, it 15 probable that the economic benefts associated with the transa1 will flow to the charity and the amount can be reliably rneasud. The following specifi¢ policies are applied to categories of in¢ome". Income from donatlOll5 or grants is recognised when there is edence of entitlement lo thè grft, receipt is probable and its amount can be measured reliably. Expendltur• Expenditure is recognise¢J on an accruals basis as a liability is in¢uired. Expendiluie includes any VAT which cannot be ftjlly recovefed, and is dassified under headings of the slalemenl of finanaal activities to which it relates.. expenditure on charitable activitie5 includes 811 c4)sts incutred by a charity in undertaking activities thal further its charitable airns for the benefit of its beneficiaries, induding those support costs and costs relating to the governance of the charity apportioned lo charitable activities. 11
Together Norfolk Company Limited by Guarantee Notes to the financial statements (conlinued) Year ended 31 December 2023 Ac¢ounllng policies (coniinuedj Flnancial instrumBnts A finan81 asset or a financial liabilty is fecogni3ed only when the entity b¢¢omes a party lo Ihe conlraclual provision5 of the instrurnenl. Basic financial instrumants are tsnilially recognised at the amount recewable or p8yable including any Yelaled transaction costs, unless the afrangemenl constitutes a financing transaction, where it is recognised at the piesenl value of the future payments discounted at a market rale ol interest for a similar debt instfumenl. Current assets and Curnt liabilities are subsequently measured at the cash or other consideralion oxpeded Its paid or ¢1Ved and not discounted. Debl instrurnenls are subsequently measured al amorbsed cost. Defined contrlbution plan$ Conlribulions to defined contribution plans are re¢ognised as an expense in the period in which the related service is provided. Prep8id contribution5 ale rgnised as an asset lo the extent that Ihe prep8ymenl will lead to a reduction in future payrnents or a cash refund. Lirnited by guarantee The charity Is a company limited by guarantee and does not have share capital. Every member ol the d)arity un¢Jertakes to contribute such amounts (not exceeding £11 as may be Tequired in the event of a winding up. Donations and l•gacieg Unrestricted Funds Restricted Total Funds Funds 2023 Donation Church Urban Fund Norwich Diocesan Board of Finance Ltd Online Donation5 Secondmenl Income 14,387 14.387 14,387 14.387 17.318 17.318 Grants The Mercers Company Fund 46.136 46,136 Unre$tricled Funds Restr¢cted Totsl Funds Funds 2022 Donatlons Church Urban Fund Norwid) Diocesan Board of Finance Ltd Online Donations Secondmenl Income 22,459 2,919 22.459 2,919 12
Together Norfolk Company Limited by Guarantee Notss to the financial statements {¢oniinuod) Year ended 31 December 2023 Don*tion$ and legacies f¢ontlnuedJ Unrestricted Funds Restricted Total Funds Funds 2022 Grants The Mercers Company Fund 19,540 19.540 25,378 19,540 44,918 Expgndlture on Charitable activities by fund typ• Unreslricled Funds Re$lri¢ted Total Fund¥ Funds 2023 Salaries (Note 81 Giants Telephone Travel costs Computèr expenses PostagÈ, printing and stationery Other costs FinanrAal and administration services Bank charges Governance costs 36,654 36,854 873 3,277 62 62 873 3,277 62 62 3,900 72 1,182 3,9CK) 72 1,182 46,136 46.136 Unrestri¢ted Funds Restncled Total Funds Funds 2022 Salaries (Note 8) Grants Telephone Tiavel costs Cornpuler expenses Postage. priniin9 and stationery Other costs Financial and adrninistration servi¢e$ Bank charges Governan¢e costs 17.829 soo 19.540 37,369 500 2,5 312 2,538 312 77 2.929 67 1.092 77 2,929 67 1,092 25,378 19.540 44,918 Ind¢p¢ndont examinotlon fees 2023 2022 Fees payable to the indepèndent exarniner for.. Independent examination ol the financi818tatem8nts 1,182 1.092 .13.
Together Norfolk Company Limlted by Guarantee Notes to the financlal statements (¢ontinuerfJ Year ended 31 December 2023 staff costs The loial staff costs and employee benefits for the reporting period are analysed as follows.. 2023 2022 Wages and s8laries Soaal secuTity costs Employer ¢onlribulions to pension plans 31.528 1,922 3,204 32,017 2.054 3.298 36,654 37.369 The average head count of employees ¢Juring the year was 212022.. 21. No ernployee ceiVed employee benefts ol more than £60,000 during Ihe year12022'. Nill. Trustee remunÈratSon and expenses One trustee was reimbursed lor oxpen$es totalling £20 during the year (2022.. £381. 10. Debtors 2023 2022 Trade debtors 222 11. Crèditors: Amounts folling due wlthin one year 2023 2022 Accruals and deferred income Other creditors 1,576 184,Q51 1.092 125,457 185.627 126,549 12. Creditorn: Amounts falling due •ft•r more than one yegr 2023 2022 AGwals and defefred income 20.296 34,684 13. Deferred Income 2023 2022 At 1 January 2023 Amount released to income 34.684 114,3881 20.296 57,189 122.5051 34.684 At31 December 2023 14-
Together Norfolk Company Limited by Guarantee Notes to the financial ststements fconiinue¢Y) Year ended 31 December 2023 14. Penslons and other post retirement benefits Defined eontribution plans The amounl recogni5ed in income or expenditure as an expense in relation lo defined contribution plans was £3.20412022.' £3,298). 15. Analys1$ ¢1 charltable funds Unrostrl¢ted funds At Income Expenditure 31 Dec 2023 At 1 Jan 2023 General fund5 46,136 146,136} At Income Expenditure 31 Dec 2022 At 1 J8n 2022 General funds 25,378 {25,378) 16. Relatsd partles During the year the charitable company received donations from The Church Urban Fund of £Nil {2022.. £Nill and a balance of £20,29612022.' £34.6841 is held within deferred incorne. A balance of £148,651 12022.. £118,784} owed lo the Norwich Diocesan Board of Financ8 is included in other creditors al the year end. The Norwich Diocesan Board of Finance provi(Jed financial and a¢Jminislralion services of £3,0 uring the year12022'. £2.929). qs