COMPANY REGISTRATION NUMBER: 9725781 CHARITY REGISTRATION NUMBER: 1166382 Together Norfolk Company Limited by Guarantee Unaudited financial statements 31 December 2024
Together Norfolk Company Limited by Guarantse Flnanclal ststements Year ended 31 December 2024 Page Trustees, annual report lincorporating the directors, report) Iependent examiner's report lo the trustees Stalernenl of financial activities lincludiro income and expen(Elure acco£Jntl 10 Statement of financial position 11 Notes lo the lInand statements 12
Together Norfolk Company Limited by Guarantee Trustees. annual report (incorporating the dlrectors, report) Year ended 31 December 2024 The Iruslees, who are also the directors lor the purpos&s of company law, present their report atKI the unaudiied linancial statements ol the charily for the year ended 31 December 2024. The linancial Stslemenls have been prepared in accordance with the accounting poli¢ie$ sel out in notes to the a¢eounts and comply with the charivs governing document, the Charities A¢1 2011 and Companies Act 2006 and Accounting artd Reporting by Charfties.. Stalemenl of Recommended Pra¢tice applicable to charities preparing their ac¢oLJnts in accordance with the Financid Reporbng Standard applicable in the UK and Republic of Ireland published in October 2019. Referon¢e and administrative detail$ Registered charlty name Together Norfolk Charity reg1stlI)n number 1166382 Company reglstration number Prlnclpal office and registered Diocesan House ottl¢¢ 109 Derèham Road Easton Norwich Norfolk NR9 SES 9725781 Thè trustees The trustees who serveLI during the yea¥ and al the datè ol approval were as follows: The Revd Canon Aidan Platteft The Revd Jarnes Stewart, Priest, Thorpe Sl Andrew, Notwich The Revd Canon P8ter HoWd Rev Matthew Price Rev Mlchaela sonsOn The Revd Canon Simon w&, Incumbènt, Great Yarmouth Team Ministry Hannah Worsley, Project Manager, Norwich Foodbank The Rt Revd Jane Steen. Bishop of Klngs Lynn Independent examlnor ark Proctor FCA DChA Lovewell Blake LLP Chartered accountants 8ankstde 300 Peachman Way Broadland Business Patk Norwich NR70LB Bankers Barclays Bank PIC 3 Si James Court Norwch -Norfolk NR31RJ
Together Norfolk Company Limlted by Guarantse Trustees. annual report {incorporatlng the directors, report} (eontlnued) Year ended 31 December 2024 Solicitors Bithetts KirEfisher HOLJSQ l Gilders Way Norwich Norfolk NR31UB
Together Norfolk Company Limited by Guarantee Trustees. annual report (Incorporating the directors. report) (witlnue Year ended 31 December 2024 Oblectiyes and activities Overall oblectivès Togelher Norfolk shares the aims and objectives ol the Chtjrch Urban Fund'g ICUFI Toghr Networt which are to.. grow the number ol church-based social activities wthin tho diocese, helping churches lo tackle poverty and build strong Ilourlshing commuttilies develop people's capacity lo lake ellective action lo tackle povety build partnershlps and coll#bora¥ve working b8tweeft ¢hLJrches and with oth&r organi8ations to increase joingd. up working and innovation There are Development Workers for Together Norfolk, one in Great Yarmcjulh and the other in ng'S Lynn. T.he NOr1¢h Dioc@san Board ol Finance Ltd is a company limited by oua¥anleè, registration number 88175, charity registration nutnber 249318. Registered address.. Oiocesan Hous&, 109 Dereham Road, Easton, Norwich, NR9 SES. The Norwich DioGe8an Board ol Finance Ltd promoles, lacililales and assists with the work and purpos¢ ol Ihe Church of England lor the adVanMent ol the Christian lailh It) the Diocese of Norwich and elsewhe. providing resources lor Ministry and Mission. The Church Urban Fund (CU• is a company limiled by guarantee, registration number 2138994. ¢harity regtstratson number 297483. Registered address: Ghurch House. Great Smith Street. London, SW1 P 3AZ. CUF was established by the Church ol England as a practy¢al response to unmet need and has been active in local communities for over 20 years through the Church of England's Socal parish networks, and alongside othe¥ laith-based and secular organisations, lo bring about positive change in nèighbourhoods. Funding arrangements Together Norfolk was Driginally fomied in July 2016 as part ol the Together Neok as a partnership between the Diocese ol Notwich and the CUF whereby lunding was split on a 50150 basis. In 2020 CUF advised that they coukl no longer commit to any further unrestricted grant paymerts lor Together Norfolk due to financial cthbacks. El was however agreed that where funds remitted from CUF ' were previously in excess of what was required to ¢over their annual 50.1. ol the Together Norfglk costs, then the surplus funds could continue lo be used until fLJlly exhausted. Thls agreement Is on the ¢ondilion that Togelher Norfolk continue lo spend funds in accordanc& WElh ils original wms and objectives and that the Dio¢ese continues to meet Its funding rssponsibililies to contribute 50Y. by way of either seeking additional extema grant funding or sell-tinancing.
Together Norfolk Company Limlted by Guarantee Trustees, annual report (incorporating the dlrectors. report) (¢ontlml? Year ended 31 December 2024 Objectrves and activities fconrinu6d} Management The Norwich DI0$an Board of Flnance Is responsible tor: Payment ol W/0 of the Costs of Together Ngrfolk. Recruiliro competent slaft and ensuring they are well managed. with all necessary HR tK>licies ir2 place. Prepa¥ing. ThonitoHryJ and reporting to the Together Norfolk Bc>ard on ils finaficial activities_ Providing a DBF employee to attènd or be a memtr>er of the Together Nortolk board. to ensure the wort( of Together Norfolk complements and enhances the social action work of the cllo¢ese, and Its be the person responsible for the diocesan commitment to Together Norfolk. Recruiting an effective and diverse trard ol Iruslees for Together Norfolk, whereby CUF appoint three tNstees and the DBF appoints three Inominated by CUFI with a further three appointed by the Providing support and endorsement wllhin the Dictese for Together Norfolk as having a key role in helping churches. .Tackling pov8rty to¢ally, including encouraging parishes to support its work through lime, money, action and prayer. Promoting the work of Togetrer Norfolk thiough diocesan communication roLrtes such as the diocesan website, newspaper, n@wslettgr and social medla. Providing support services through the diocesan office Including payroll, HR support, accounting and book-keeping. preparation ol annuaj accounts. Providing computerAelephone equipment as well as any nècessary technical support lor devices provided. Including development workers in Diocesan statf Meet1$1¢0mmuniCatrOnS anrj Irealing them as any other D8F staff. Crisis Management Church Urban Fund and the Diocese of Norwich commit to open and timely communlcation with eoch other about any issues arising from Together Norfolk that ale a cause lor ¢onc¢m, and lo working Icgether lo find solutions. As grant-n¥akers. GUF and the DiWe have a resFX)nsibility to ensure Ihal all their grants are bein9 used lor the purpose for which they afe given. As such, the following wlll b6 considered events whlch tdgger (telault ol the grant= If at any time, Tcigether Nortolk is Lsnable to pay its debts when they Idl due TtsJ8iher Nortolk stsrts negofiaDons wth any ol its creditors with a view to resche(luling debts. Tcyaether Nortotk ceases to opeiate. Together Norfolk is in material breach ol this agreement.
Together Norfolk Company Limited by Guarantee Trustees, annual report (incorporating the dÉreciors' report) {conlinued) Year ended 31 December 2024 Objectives and actlvltles (¢ontinuedJ Together Norfolk uses the grant mnies for any purpose other Ihan for the purposes sel out in this agreement. Any of Together Norfolk staff commit or attempt any fraud or have any undeclared and unattended conflict ol interest in relation lo the agT8ed programrne. CUF and the Diocesè reseNe the right to terminate the partnership and require repayment of the balancè DI any unspenl grant money following the repayment ol any slatutDry grant mtsnies. In the evenl ol winding up the ¢harity, the Ir2nsfer of any nel assets ol Together Ni>rfolk shall bB dealt with ardIng to section 39 01 the Articles of Asso¢latlon. The board of Together Norfolk is enlilled to the partnership agreement by giving CUF nol less than ihree months, written notice and r&paying any unspent grant monies in ftJll. A decision to terminate iha agreement would also be a deeision lo wilhdr8w from the Together Notwoth, and so any future work ol the charity would need to continue under a different name and branding. . Public Benefit The public benefit of Togelhe¥ Norfolk is as dèscrib&a above In objectives and aGtivities. trustees confirm that. in exer¢isiro their powers and duties, they have compiled with thelr duty lo have due ragard to the guidance on public benefit published by the Charity Commission. A¢hi•vements and performance Each development worker for Togelher Norfolk must submil quarterly retums to both the Diocese and th? Church Urt)an Fund delailing the a¢livities undertaken ancl the Impact on achieving overall objectives. Finan¢ia5 revlew The lotal income re¢ognised in thèse accounts is £38,413 ¢omp2red to £46,136 In 2023. The valLJe DI incomg received in lolal Irorri the Church Urban Fund ICUF) was £210,437 where £190,141 of this has been release(I lo income as CUF'S 50 10 Contribution towards expenditure to date. The remaining deferred in¢ome of £20,296 is repreSttnl by Ihe va5ue ol the balance at bank of £242.854, less £161,525 whith is owe(I lo the Diocese of No¢w¢h at year end, and other credifors of £61.033. Fleserves Poli The Diocese ol Nowich and the Church Urban Fund ICUFI are each winmitted to confirming lundlng lor one year al a time by the 1 Ocltsbèr lor the following year. The resetves policy is set at £53,000 which is an estimation ol one years expendlture.
Together Norfolk Company Limited by Guarantse Trustees, annual report (incorporating the directors, report) {¢Onlinuèd) Year ended 31 December 2024 Plans tor luture periods For the following year the Together Nortolk wOrfr in Kings Lynn aims a.. Continue to develop locd partnerships through existing networks, in¢ludir¥J Churches Together in King's Lynn and West Nortolk Forum Support churches consldering.social action projects by providing advice, govemanc&, and training. Take forward the Homegrown K¥ojecl looking at youth needs in King's Lynn and its catchment area working with local clergy and Chiislian charities. For the following year the Together Norfolk wother in Great Yamiouth 8ims are.. Provlde opportunities lor those leading ctsmmunity-locused Christian ministries in the Great Yafmoulh area to access information, peer support anrl prayer. r8sDtJrces and training. Share information about the communty.locused Christian ministries in the Great Yarmouth area with the wider eDmmLJnity. Plovide govemance, funding and nefv1n support to spe¢ilic proie¢ts in the Great Yamouth area when needed and appropriate. Recruit a new development worker followlng the resignatlon ol the current wort(er from July 2025.
Together Norfolk Company Limited by Guarantee Trustees, annual report (incorporating Ihe dlrectors. report) fconlAnuEd) Year ended 31 December 2024 Structurej governanee and management The organlsation is a Charitable company limitecl by guaianlee, incorporated on 10 August 2015 and register8d as a charity on 5 April 2016. The company was established undei a Memorandum ol Associalion which established tt)e t)bjeciives and powers ol the Charitable cotvpany and is goveme(l under ils articles of association. Trustees The founding members ol the company are the Norwich Dioc&san Board of Finance and Church Urban Fund. The full b¢ard ol Together Norfolk can have up lo nine trustees, the majority ol whom are nominated by CUF and the remander by the diocese. Employees of CUF and the DBF who sit on the board must acknowledgè any ptslenlial conflicts ol interest. The trustees receive no remunerat'on lor the%r work. .The Board ol Trustees lor Together Norfolk arè responsible for.. Directing and moniloring the woth ol the Togeer Norfolk workers so they can be effe¢live and Impaclful in deliverlng the airns of Togelher Norftslk. Beino an ?ffectivè charity - following best practice, including timely 18porting to Ihe Charily Commission and Compani@s House, relevant policies including confiicts ot interest policy, reserves policy, training and inducliDn ol new trustees. EnSriNg good financial management is in place inclLJding tts own bank account,.wlih regular reports lo the board. Meetlngs The trustees meet tour times yearly in January, Apnl, July and CLtober eaGh year. Rlsk Man•gèm8nt The Trustees have assessed the major risks to which the charity is exposed. those related to the op8ralions and finances of the charity and are satisfied that systems and procedures are in place to mltygate exposur& to the major risks. Independent Examiner M Proctor FCA DChA was appoinled as the charilable company's iridepesKlenl examinor during the year and has expressed his willingness to continue in that capacity. Sm&ll company provlslons This report has been prepared takiro advantag¢ ol the small companies, exemption of section 415A of the Companies Act 2006.
Together Norfolk Company Limited by Guarantee Trustees, annual report (incorporating the directors, report) (contlnu8d) Year ended 31 December 2024 The trustees, annuJ port was appioved on Iruslees by.. and signed on behalf of the board ol The Rt R6vd Jane Sta$n Chr
Together Norfolk Company Limiled by Guarantee Independent examinerfs report to the trustees of Together Norfolk Year ended 31 December 2024 I report to the charity trustees on my examination ol the linanoial statements ot the company tor the year ended 31 December 2024 which comprise the statement ol linancia actilIeS Ilncludlng in¢ome and expenditure accounll, slalemenl ol financial position and the related notes. Responsibilities and basls of repo.rt As the charity trustees DI the company land also its directors for the purposes of cornpany lawl you are resptsnsible for the preparaiion of the financial st*ements in accordance with the requirements ol the Companies Act 20061'lhe 2006 Acl'l. Havlng satisfied myself that the financi81 slatements ol the company are not required to be audited under Part 16 of the 2006 Act and are eligible lor independgnl examination. l Teport respect ot my examination ol your company's financial statements as Carried oul under section 145 of the Charitios Act 2011 I'the 2011 Act'l. In carrying out my examlnation I hav& followed the Direclions given by the Charlty Commlssion under section 14515llbl of the 2911 Acl. Indepen(Jent examinerfs statement I have complèted my examination. I confirm that no matters have come lo my attention in conn8dion wth th8 examinaiion giving me cause to b&lievè thal in any material r8Sttscl'. accounting records were nol kept in respect of the company as required by section 386 01 the 2006 Act,. or the linan¢ial statemènts do not accord with those re¢ords', or the financial statements do not Comply wilh the accounting requiremenls ot section 396 of the 2006 Act other than any requiremenl Ih&l the accourts give a 'true and lair, view which is not a matter consid$red as part ol an independent examination., or the financial slatemenls have not been prepared in ac¢ordan¢e with the methods and principles ol the Statèment of Recommended Practice lor ac¢oLJnling and reporting by charities applicable tts charities preparing their accounts in accordance with the Flnanclal Rewrting Standard applicable in the UK and RepulYi¢ of Ireland IFRS 1021. I have no ncernS and have Come across no other matters in connection with the examination to which attention should be drawn in thig report in orcler to enable a proper underslanthng of the accounts lo be reached. Ma¥k Proctor FCA DChA Independent Examiner Lovewell Blake LLP Chartered accountants Bankside 200 Peachman Way Broadland Business Park NopNich NR7 OLB
Together Norfolk Company Ltmited by Guarantee Statement of flnancial actlvlties (including income and expendlture account) Year ended 31 December 2024 2024 Unrestricted funds Total lunds 2023 Total funds Note Income and endowments Donations and lega¢ies Total income 38.413 38.413 46,136 ' 46,136 38,413 38,413 Expendlture Charitable acliwtips 38,413 38,413 46,136 46.,136. Total expendllure 38,413 38.413 Reconciliation ot funds Total funds brought loard Total lunds carried forward The slatement ol linancia actiwties indudes all gains aftGI. losses recognised in Ihe year. All iftcome and expenditure derive from continuing activitks. The notes on page$ 12 to 16 lorm part (h these flnan¢lal statements. 10-
Together Norfolk . Company Llmited by Guarantee Stalement of financial position 31 December 2024 2024 2023 Note Currenfa$sets Debtors Cash al bank and in hand 10 222 205,701 242,854 242,854 205.923 Creditors: Amounts falling due wllhin ong y¢ar Net currenl assets 11 1222.5581 1185.627) 20.296 20.296 20,296 Total assets less ¢urrgnt Ilabllllles 20.296 CrÈdFtors: Amounts talling due after more than on8 year Net liabllEtSes 12 120,2961 120,2961 For th& year ending 31 Dvember 2024 the charity was entitled to exeTnplion from audit under section 477 of the Companies Act 2006 rglaling to small ¢ompanies. Directors. respDnsibilities-. The meffllrs have not required tre c<>mpany to obtain an audit of its financlal staiements lor the year in question in accordance with section 476," The dIreOr5 acknowkdge their responsibilities for complyng with the requi¥emenls of the Aot wrth respect to accounting records and the preparatTron of tinan¢lat statements. These finaftcial statements have been prepared in a(t¢>rdance wtth the provlsions applicable lo MPanieS subject lo the small ¢ompanies' r@gime. I slalements wÉrÈ approved by Ihe board ol trustees and aulhorised for issue on and are signed on bèhalf of the ts)ard by= The Rl Revd Jane Steen Chair Company reoistration numb8r: 9725781 The notes on pages 12 to 16 lorm part of thage ftnaneial statements. 11
Together Norfolk Company Llmited by Guarantee Notes to the tlnancial statements Year ended 31 December 2024 General information The chaiity is a public benefit entity and a p7vate company limited by guarantee, registereLf in England and Wales and a registered charity in England and Walés. The address L)1 the registered office is Diocesan House, 1Q9 Defeham Road, EastCn, Norwich, Ntsrfolk, NR9 SES. St•tement of complianeè The charity consb"lutes a public nefit entity as defined by FRS 102. The financial statements have been prepared in a¥dance with Accounting and Reporting by Charities.. Siatgment of Recommeftd Pra¢ti¢e applicable lo charitiès preparing their accounts in aCrdan with the Financial Reporting Standard applicable in the UK and Republic ol Ireland issued In October 2019, the Financial Reporting Standard applicable in the Uniied Kingdom and Flepublic ol Ireland IFRS 1021. the Charities Acl 2011. the Companles Act 2006 and UK Generally Acceptéd Accounting Practice. Accounting wlScle$ Basi$ ot preparatlon The financial statements have been prepared on the historicaE cost basis. Going ¢on¢ern Thè finanal statements have been prepared on the going concern basis as the trustees belleve no material unc?rtainties exist. The trustees have Considered the level o funds held and the ex¢t&d level ol income and expenditure lor 12 months from authorising these financial statements. The budgeted income and 8XndItUre is sufficient with the level ol reseNes tor the charity lo conliftue as a going eon¢em. Fund accounting Unrestricted funds arelavailable lor use al the discretion of the trustees lo further any of the charity's purposes. Ineome All income is included in the statement of financial actlvlts'es when entltlement has passed lo the ¢harity, il is probatr>le that the e¢onomi¢ bengtits associated with the transaction will flow lo the ¢harily and the amount Can be liablY measured. The lolltswing speciflc policies are applied lo particutar categories ol incom&- income from dtrnations or grants is recognised when there is evidence of èntitlement to the gitt, receipt is probable and its amount can be measured reliably. EXNditUre Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure in¢ludes any VAT which cannot be fully recovered, and is classified undèr headings of thé siaiement of Ilnancial activities lo which il ralales.. expenditure on charitable activthes includes all Costs incurred by a charity in undertaking activities that further ils charitable atms for the benelil of ils beliciarIe$, induding those support costs and costs felaling to governance ol the charity apportioned lo charitableActivilies. 12-
Together Norfolk Company Limited by Guarantee Notes to the financial statements (contsnued) Year ended 31 December 2024 Accountlng pollcEes {¢onlinu#d? Finandal instruments A financial assèt or a financi liability is egniSed only when the entity becan5 a party to the ¢ontraclual prowsions DI tte instrument. 8asi¢ finan¢i& instruments ar8 initially recognised at th8 anUnt feceivable of payable including any related transaction eosts, unless the arrangement cons118$ a financing Iransacbon, wihere il is recognised at the present value of thè lulure paytETents discounted at a mark81 rate of intèrest for a similar debl inslrumenl. Current assels and Current liabilities are subsequentty Fneasured ai the cash or other consideration expected lo be paid or received and not discounted. Debt instwmenls are subsequenlty measured at amortised cost. Defined contribullon plans Contributions to defined contribution plans are recognlsed as an expense in the PSTiod in which thè related senqce is provided. Prepaid contributions are Fecognlsed as an asset lo the extent that the PTepaymenl will lead to a redudion in future payments or a cash refund. Llmitsd by guarantee The charity 15 a ¢oryany limited by guarantee and does not have share ¢apit21. Every member of the charity undertakes lo contrib8 such amounts (not exceeding £11 as may be required in the event ol a windino up. Donatlons and legaclos Unrestricted Total Funds UnrestricteL1 Total Funds Funds 2024 Funds 2023 Donatlons Chu urb Fund Norwleh Diocesan Board ol Financ8 Ltd Onling donations Secondm&nl Income 14.387 14,387 14.387 14,387 15,000 15.000 10,055 10.055 17,318 17,318 Grants The Mer¢ers Company Fund Anne Frènch.Memori81 Trust All Hallows Growing Goocl 5,1 3,844 3,844 517 5.153 3,844 3,844 517 38,413 38,413 46,136 45,136 13-
Together Norfolk Company Limited by Guarantee Notes to the flnanclal statements (continued) Year ended 31 December 2024 Expenditure on Charitable aetivlties by fund type Unrestricted Total Funds Unlestrieted Total Funds Funds 2024 Funds 2028 Salaries (Note 81 Grants Telephone Travel costs Computer expenses Postage, printing and stationery Growing good GDPFI Other costs Financial and administration services Bank charges Governance ¢osts 26.001 500 90LI 3,092 26,001 500 900 3,Q92 36,654 36,654 873 3.277 62 873 3.277 62 62 36 517 1,428 435 4,151 81 1,272 38,413 36 517 1,428 435 4,151 81 1,272 38,413 54 3,900 72 1,182 3,900 72 1.182 46.136 46,136 IndepeNlent examlnallon ts0$ 2024 2023 Fees payable lo Ihe independent oxaminer for: IndepenO&nl examination ol the financial statements 1.272 1,182 Slaff costs The total staff costs and employee benefits IL)r the r&porting period are analysed as follows.. 2024 2023 Wages and salaries Soci81 security costs Employ&r contfibutions to nSIOn plans 22,810 1,133 2.05S 31,528 1,922 3,204 36.654 26,001 The average head count of employees during the year was 212023.. 21. No employee received ernployee benefils of more than £60,000 during the year12023.' Nill. Trustee remuneration and"expenses One Iruslee was reimbursecl lor expanses totalling £46 during the ye*12023= £201. 10. Debtors 24 2023 Trade debtors 222 14-
Together Norfolk Company Limlted by Guarantee Notes to the financial statements (contlnued) Year ended 31 December 2024 11. Crodilors: Amounts talling duo wilhln one year 2024 . 2Q23 Accru$ and deferred income Other creditors 1,272 221,286 222.558 1,576 184,051 185,627 12. CredStors: Amounts falling due after more than one year 2024 2023 Accruds and deferred income 20,296 20,296 13. 1)efèrred Tn¢ome 2024 2023 Al 1 January 2024 Amount relèased to iome 20.296 34,684 114.3881 20,296 Al 31 December 2024 20.296 14. Ponslons and other post retireFnent bonetits Delined ¢ontrll>utlon plans The amDunt recognised in income or expendityre as an expense in rèlation lo defined conlribulion plans was £2,05812023: £3,204). 15. Anaty5is of Charitable funds Unreslrlcted fvnds At Income Expenditufe 31 Dec 2024 At 1 Jan 2024 General funds 38,413 138,4131 At Income, Expenditure 31 Dec 2023 At 1 Jat) 2023 General funds 46,136 146,1361 15-
Togelher Norfolk Company Llmited by Guarantee Notes to the financial statements (con0) Year ended 31 December 2024 16. Relat8d partie8 At the year &nd, a knalan of £20,296 12023.. £20,296) owing to the Church Urban Fund was held within défèrred income. During the year the. charitable company received donab.trns from Norwich Diocesan Board. ol Finan¢& 01 £15,000 12024.. £Nill- A balance of £161,525 12023= £148,651) owed lo the Norwich Diocesan Board of Finance is included in other creditors al the year end. The Nuiwich Diocesan Board ol Finance provided financial arKI administratii)n services of £4,150 during the year12023.' £3,91101. 16-