COMMUNITIES WELFARE NETWORK
Supporting needs and improving lives
ANNUAL REPORT AND ACCOUNTS
2021-2022
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 Twitter @Network_Welfare Company N0: 05199047 Charity N0: 1167437
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CONTENT
| Items Directors Report Financial Statements Independent Examiner |
Pages 1-7 8-14 15 |
|---|---|
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DIRECTORS’ REPORT
The Directors present their report and the financial statements for the year ended 31 of March 2022.
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.
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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:
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The provision of information and advice by means of workshops, drop - in and one to one sessions.
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The Provision of training for employment and employment related advice
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The provision of financial capability training and advice sessions
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The Provision of literacy and numeracy classes and supplementary education for children.
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The Provision of recreational Activities
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The provision of health promotion activities
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The provision of befriending, interpreting and domestic support services
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Assistance to victims of COVID-19
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Activities For the Period 2021-2022
Employment Support Services
The employment support services targeted people who have lost their jobs during the Pandemic. We delivered one to one service at the centre and telephone advice sessions. The activities included CV building and job interview technic sessions, basic IT skills training and online Job applications. The programme benefited 21 people
Advice and Support Services
The organisation’s advice and support services covered the following areas:
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Welfare benefit
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Employment and self-employment
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Debt
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Health
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Education and
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Referrals
We delivered one to one advice sessions and made 11 referrals. About 34 People benefited from the activities
English Skills (Esol Project)
The organisation has delivered ESOL (English for Speakers of other languages) at pre-entry level and Entry Level 1 for 12 refuges and asylum seekers
The aim of the activities was to improve migrants, refugees and asylum seekers’ English skills and facilitate their integration into the wider community and entry into part or full-time employment.
COVID-19 Victims Support
We run important support services to people affected by the COVID-19 to help them survive, improve their confidence and resilience.
We assisted about 33 people mainly from minority communities through food and essential items supplies, domestic works, befriending and interpreting services.
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ACHIEVEMENT AND PERFORMANCE
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The organisation employment training programme and support services, enable 16 participants to secure part- and full-time employment. The remaining users are doing voluntary and temporary works with voluntary organisations and employment agencies.
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The organisation advice and support services, enabled 34 refugees, migrants and asylum seekers to make informed choices, exercise their right and improve their social and economic lives.
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The organisation’s ESOL project supported 12 beneficiaries who have improved their speaking, reading, and writing skills and can now manage their own life. Seven of them have secured part-time and full-time employment and 05 moved to further education and training
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Our support to people affected by the COCID-19 enabled them to improve their Resilience, income, confidence, mental health and reduce isolation.
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PLAN FOR 2022-2023
- The organisation will continue to deliver employment skills training and employment related advice for unemployed migrants and refugees who have no right to state benefit.
We will support about 27 people in this programme to improve their skills and employability chances.
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We will continue to assist about 32 elderly people through domestic support, social clubs and befriending services.
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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 30 people over the period 2022-2023
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The organisation will continue to deliver more ESOL training courses for new refugees, migrants and asylum seekers and we aim to train about 17 clients over the period 20222023 to improve their employability chances and facilitate their integration into the wider community.
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The organisation will increase support to local families with the educational need of their children, mainly uneducated parents who cannot help their children with their schoolwork.
We aim to support about 16 children in need from poor families who have no alternative.
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FINANCIAL REVIEW
This Financial year we had unrestricted income of £9976 and restricted income £54200. Total income was £64176. We had a surplus of £6362on the unrestricted income and £3057 surplus on restricted income. The charity had unrestricted reserves of £15320, and restricted reserves £18983 to continue pending projects. At the end of 21/22, total Reserves was £34303.
Public benefit statement
In shaping our objectives for the year and planning our activities, the trustees have considered clause 17 of the Charity Act 2011 and the Charity Commission’s guidance on public benefit.
The above achievements demonstrate the public benefit arising from the Charity’s activities.
Risk Management
The trustees have assessed the major risks to which Communities Welfare is Exposed and are satisfied that the systems are in place to mitigate exposure to the major risks including risk assessment, maintaining a risk register, which is reviewed annually.
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INCOMING RESOURCES
| Unrestricted £ Grant receivable (1) Fundraising & Donation 5800 Membership 276 Centre rental fees 3900 Total Incoming Resources 9976 Resources Expended Salary & Wages Trainers Cost Rent & Rates Heat/Light/ utilities Insurances Telephone Internet & Fax Post/Stationery Printing & Publicity Travel expenses 1744.00 Accountancy cost Refreshment 440.00 Volunteer Cost 1430.00 Depreciation Charge Maintenance & Repairs Administration Cost Food Bank Total Resources Expended 3614.00 Net Incoming Resources 6362.00 Total Funds at 1 April 2022 6362.00 Fund B/F Funds Carried forward at 31 March 2022 |
Unrestricted £ 5800 276 3900 |
Unrestricted £ 5800 276 3900 |
Restricted £ 54200 |
Restricted £ 54200 |
2022 2021 54200 38512 5800 6720 276 280 3900 4800 |
|
|---|---|---|---|---|---|---|
| 9976 1744.00 440.00 1430.00 |
54200.00 13600.00 10060.00 15800.00 2300.00 340.00 2180.00 560.00 740.00 1300.00 1230.00 523 390.00 676.00 4320 |
64176 50312 13600 8400.00 10060 2700.00 15800 17400.00 2300 450.00 340 325.00 2180 460.00 560 280.00 740 200.00 1744 310.00 1300 300.00 440 270.00 2660.00 1730.00 523 697 390 460.00 220.00 4320 5500.00 0.00 |
||||
| 54019.00 181.00 3057 |
56957 39702.00 7219.00 10610.00 7219.00 10610.00 29017 18407 36236.00 29017.00 |
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BALANCE SHEET FOR THE YEAR ENDED 31/03/ 20201
Balance Sheet for the Period ended 31/03/2022
| Tangible Assets (3) Current Assets Cash receivable Current Liability Creditors Accruals Total Net Assets Funds Restricted Unrestricted Total |
2022 1567 36236 -3500 |
2021 2091 29017 |
2021 | |
|---|---|---|---|---|
| 34303 18983 15320 |
31108 | |||
| 13560 17548 |
||||
| 34303 | 31108 |
For the year ending 31/03/2022 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
Signed: ----------------------------------------Date:------------------------------------2022
17 / 07 /
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NOTES TO THE ACCOUNTS (2 )
Notes to the Accounts for the Year ended 31 /03/ 2022
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.
Reserves Policy
The organisation ’s reserves policy is to maintain a level of unrestricted and undesignated reserves equivalent to 3-6 months' turnover
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| Grants Receivable (1) | 2022 | 2021 | |
|---|---|---|---|
| Charity Aids Foundation | 8000 | ||
| Ground Work | 4000 | 0 | |
| Barrow Cadbury Trust | 12830 | ||
| London Community Foundation | 7370 | 9142 | |
| Wo Street Charitable Foundation | |||
| Power to Change | 11800 | ||
| Community Fund | 8200 | ||
| Two Magpies | 6450 | ||
| Lambeth Council | 10000 | 10000 | |
| Crisis Fund | 4920 | ||
| Total | 54200 | 38512 |
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DEPRECIATION OF FIXED ASSESTS (3)
| 2022 | 2021 | ||||
| At the beginning of the year | 2091 | 2788 | |||
| At the end of the year | 2091 | 2788 | |||
| Addition | 0 | 0 | |||
| Depreciation | |||||
| At the beginning of the year | 2091 | 2788 | |||
| Charge for the year | 522.75 | 697 | |||
| Accumulated Depreciation | 2613.75 | 5343 | |||
| Net Book Value | 1568.25 | 2091 | |||
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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
19 / 07/ Signed: ----------------------------------------Date:------------------------------------2022
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INDEPENDENT EXAMINER’S REPORT
I report on the accounts of the company for year ended 31 /03/ 2022 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
13 /07/ --------------------------------------------- Date --------------------------------------2022
Mr Yoboue Richard Community Accountant 5 Prescott House London SE17 3PH
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