## COMMUNITIES WELFARE NETWORK 

Supporting needs and improving lives 


Annual Report And Accounts 

2020-2021 



## **CHARITY INFORMATION** 

## **Board of Directors** 

Chairperson Felix Wohi Vice-Chair Sister Henriette Mahan Treasurer Beugre Jacques Ndouba Secretary Miss Yllo Aya Kohi Vice-Secretary Mr Frabrice Kragbe Vice-Treasurer Miss Lydie Sykely Registered Address 49 Camberwell New Road London SE5 0RZ Correspondence Address 37 Chapel Street London NW1 5DP Email Address cowelfare.net@gmail.com Website https://communitywelfarenet.org/ Company N0: 05199047 Charity N0: 1167437 

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## **CONTENT** 

|**Items**<br>Directors Report<br>Financial Statements<br>Independent Examiner|**Pages**<br>1-7<br>8-13<br>14|
|---|---|



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## **DIRECTORS’ REPORT** 

## **The Directors present their report and the financial statements for the year ended 31 of March 2021.** 

The Communities Welfare Network (CowNet) was established in 2003 as a charitable Community Organisation and a company limited by guarantee. 

The organisation is based in London supporting the needs of disadvantaged people from minority communities, particularly, Asylum seekers, Refugees migrants, displaced people from their country of origin because of war, victim of violence, political or religious beliefs, intimidation and threat to their lives. 

Most of the organisation’s activities are focused on tackling poverty, social exclusion, capacity building of the communities and welfare support services. 

3 



## **AIMS AND OBJECTIVES** 

The aims and Objectives of the organisation are: 

The advancement of education and the tackling of causes of poverty affecting Minority Communities throughout Lambeth, Southwark and Westminster. 

And the aim is achieved by carrying out the following activities: 

- The provision of information and advice by means of workshops, drop - in and one to one sessions. 

- The Provision of training for employment and employment related advice 

- The provision of financial capability training and advice sessions 

- The Provision of literacy and numeracy classes and supplementary education for children. 

- The Provision of recreational Activities 

- The provision of health promotion activities 

- The provision of befriending, interpreting and domestic support services 

- Assistance to victims of COVID-19 

4 



## **ACTIVITIES FOR THE PERIOD 2020-2021** 

## **Food Banks and home supplies** 

The organisation has delivered food banks services for local residents who are on low income. The targeted groups included, minoritized migrants and refugees most affected  by the pandemic. 

We have also run home food delivery for the elderly who could not leave their home due to illness. About 126 people have benefited from the service 

## **Isolated older People Support Service** 

The organisation delivered befriending, and domestic services for 41 local elderly people aged 65 – 80 year **s.** 

The objective was to help participants build new social networks, get away from loneliness, social isolation, improve their daily life and be able access services. 

## **Employment Support Services** 

The employment support services targeted people who have lost their jobs during the Pandemic. We delivered one to one service over telephone, video calls and email. Services included CV building sessions, one line Job applications, Welfare benefit applications, debt advice and referrals. The programme benefited 22 people. 

## **Advice and Support Services** 

The organisation’s advice and support services covered the following areas: 

- Welfare benefit 

- Employment and self-employment 

- Debt 

- Health 

- Education and 

- Referrals 

We delivered 26 one to one advice sessions and made 19 referrals. 

5 



## **ACTIVITIES OUTCOMES** 

- Our support to people affected by the COCID-19 enabled them to improve their income, confidence, mental health, isolation and become resilient. 

- The activities for the older people enable them to rebuild social network, reduce loneliness, and improve their life by accessing services. 

- The organisation advice and support services, enabled 42 refugees, migrants and asylum seekers to make informed choices, exercise their right and improve their social and economic lives. 

- Through its employment training programme and support services, the organisation supported about twelve (22) users. Twelve (12) participants have been able to secure permanent full and part-time employment. The remaining (10) continue to look for work with the support of the centre. 

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**PLAN FOR 2021-2022** 

As the third wave of COVID-19 spreads and continue to affect the communities, we will be at the frontline as usual to bring assistance to about 170 new victims. 

Throughout our employment skills training and advice we will support about 53 unemployment people so that they can improve their employability chances and get jobs. 

We will continue to assist about 32 elderly people through our domestic support, social clubs and befriending services. 

We will increase assistance to migrants, refugees and asylum seekers in need of housing, education, welfare benefit and employment. Our target is to help about 68 people over the period 2021-2022 

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## **INCOMING RESOURCES** 

||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||||
||**Unrestricted**|||**Restricted**|||||||**2021**|||||**2020**|
||||£||£||||||||||||
||||||||||||||||||
|Grantreceivable (1)|||||38512|||||38512|||||48744||
|Fundraising &Donation|||6720|||||||6720|||||3400||
|Membership|||280|||||||280|||||210||
|Rental fees|||4800|||||||4800|||||||
||||||||||||||||||
|**Total Incoming Resources**|||**11800**||**38512.00**|||||**50312**|||||**52354**||
||||||||||||||||||
|**Resources Expended**|||||||||||||||||
||||||||||||||||||
|Salary & Wages|||||8400.00||||8400.00||||7550.00||||
|TrainerCost|||||2700.00||||2700.00||||9050.00||||
|Rent & Rates|||||17400.00||||17400.00||||17700.00||||
|Heat/Light/ utilities|||||450.00||||450.00||||2171.00||||
|Insurances|||||325.00||||325.00||||325.00||||
|Telephone Internet & Fax|||||460.00||||460.00||||2400.00||||
|Post/Stationery|||||280.00||||280.00||||423.00||||
|Printing& Publicity|||||200.00||||200.00||||2100.00||||
|Travel|||||310.00||||310.00||||430.00||||
|Audit & Accountancy|||||300.00||||300.00||||360.00||||
|Refreshment|||||270.00||||270.00||||466.00||||
|Volunteer Cost|||500.00||1230.00||||1730.00||||2648.00||||
|Depreciation Charge|||||697||||697||||929||||
|Maintenance & Repairs|||230.00||230.00||||460.00||||460.00||||
|Administration Cost|||100.00||120.00||||220.00||||330.00||||
|Food Bank||2300.00|||3200||||5500.00||||||||
||||||||||||||||||
||||||||||||||||||
||||||||||||||||||
|**Total Resources Expended**||**3130.00**|||**36572.00**||||**39702.00**||||**47342.00**||||
||||||||||||||||||
|**Net Incoming Resources**||**8670.00**||||**1940.00**|||**10610.00**|||||**5012.00**|||
||||||||||||||||||
|**Total Funds at 1 April 2021**||**8670.00**|||||**3057**||**10610.00**|||||**5012.00**|||
||||||||||||||||||
|FundB/F|||||||||**18407**|||||**13395**|||
||||||||||||||||||
|**Funds Carried forward at 31 March 2021**|||||||||**29017.00**||||**18407.00**||||
||||||||||||||||||



8 



## **BALANCE SHEET FOR THE YEAR ENDED 31/03/ 20201** 

|||||||||
|---|---|---|---|---|---|---|---|
|||||**2021**|**2020**|||
|||||||||
|Tangible Assets(3)||||**2091**|**2787.75**|||
|||||||||
|Current Assets||||||||
|||||||||
|Cash receivable|||29017||18406|||
|||||||||
|Current Liability||||||||
|||||||||
|Creditors||||||||
|Accruals||||||||
|||||||||
|Total Net Assets|||**31108**||**21193.75**|||
|||||||||
|**Funds**||||||||
|Restricted|||13560||7787.25|||
|||||||||
|Unrestricted|||17548||13406.5|||
|||||||||
|**Total**|||**31108**||**21193.75**|||
|||||||||
|||||||||
|||||||||



For the year ending 31/03/2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, the directors acknowledge their responsibilities for complying with requirements of the Act with respect to accounting records and the preparation of accounts these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 

Signed on behalf of the board of Directors 

Felix Wohi  -  Director 

28 /10/ 

Signed: ----------------------------------------Date:------------------------------------2021 

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## **NOTES TO THE ACCOUNTS (2)** 

Notes to the Accounts for the Year ended 31 /03/ 2021 

Accounting policies 

The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed assets investments at Market value, and in accordance with applicable accounting standards and follow the recommendation in the statement of SORP 2011 and company law 2006. 

## **1. Grants** 

Grants are recognized in the statements on accrual basis following the satisfaction of any preconditions. 

## **2. Depreciation** 

Provision for depreciation of fixed assets held for use by the charity is made at an annual rate calculated to spread the cost of the assets over its expected useful life. The depreciation charge rate in use is 25% on reducing balance method. 

## **3. Restricted Funds** 

Restricted funds are grants awarded for specific projects and cannot be used for any other project. We apply this rule strictly. 

## **4. Reserve Policy** 

The charity reserve’s policy is to hold 6-10% of its total unrestricted income at the end of every financial year depending on the financial situation of the organization. 

10 



|**Grants Receivable (1)**||||**2021**|||**2020**||
|---|---|---|---|---|---|---|---|---|
||||||||||
|CharitiesAidFoundation||||8000|||0||
|Tudor Trust|||||||6900||
|LondonCommunityFoundation||||9142|||4844||
|Thomas WalTrust|||||||1000||
|Westminster Foundation|||||||3000||
|Wo Street CharitableFoundation|||||||2500||
|Trusthouse CharitableFoundation||||0|||5400||
|ThePercyBiltonCharity|||||||440||
|ThePeter Minet trust|||||||5400||
|DM ThomasFoundation|||||||3160||
|CrisisFund||||4920|||||
|TwoMagpies||||6450|||4500||
|LambethCouncil|||10000||||||
||||||||||
||**Total**||**38512**|||**37144**|||
||||||||||
||||||||||
||||||||||



11 



## **DEPRECIATION OF FIXED ASSESTS (3)** 

||||||||
|---|---|---|---|---|---|---|
|||**2021**|||**2020**||
||||||||
|At the beginning of the year||2788|||3717||
|At the end of the year||2788|||3717||
|Addition||0|||0||
||||||||
||||||||
|**Depreciation**|||||||
|At the beginning of the year||2788|||3717||
|**Charge for the year**||**697**||**929.25**|||
|Accumulated Depreciation||5343||4646.25|||
||||||||
|Net Book Value||**2091**||**2787.75**|||
||||||||



12 



## **DIRECTORS’ RESPOSIBILITIES** 

Company and charity law requires the Directors who are also the charity trustees, to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the company and of the results of the company at that period. 

In preparing those financial statements, the directors are required to: Select suitable accounting policies and then apply them consistently; Make judgments and estimates that are reasonable and prudent; 

State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. 

Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will not continue on that basis. 

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable it to ensure that the financial statements comply with the Companies Act 2006. 

They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps and detect fraud and other irregularities. 

Signed on behalf of the board of Directors 

Felix Wohi  -  Director 

Signed: ----------------------------------------Date:------------------------------------2021 28 /10 / 

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## **INDEPENDENT EXAMINER’S REPORT** 

I report on the accounts of the company for year ended 31 /03/ 2021 

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustee consider that an audit is not required for this year under section 43(2) of the company Act 2006 and that an independent examination needed and that the Company qualifies as a small company under the company Act 2006. 

It is my responsibility to carry out procedures designed to enable me to report my opinion. My examination was carried out to ascertain that the accounting records kept by the charity are in accordance with the accounts presented with those records and that no unusual items or disclosures in the accounts come to my attention. 

## **EXAMINER’S STATEMENT** 

The financial statements are in agreement with those accounting records kept by the company under section 386 of Companies Act 2006; 

Having regard only to, and on the basis of the information contained in those accounting records, the financial statements have been drawn up in a manner consistent with the accounting requirements specified in section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice 2011 

15 / 10 / ---------------------------------------------                              Date --------------------------------------2021 

Mr Yoboue Richard Community Accountant 5 Prescott House London SE17 3PH 

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