## 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 1 ## **CONTENT** |**Items**
Directors Report
Financial Statements
Independent Examiner
|**Pages**
1-7
8-14
15| |---|---| 2 ## **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. 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 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: - Welfare benefit - Employment and self-employment - Debt - Health - Education and - 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. 5 ## **ACHIEVEMENT AND PERFORMANCE** - 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. - 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. - 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 - Our support to people affected by the COCID-19 enabled them to improve their Resilience, income, confidence, mental health and reduce isolation. 6 ## **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. - We will continue to assist about 32 elderly people through 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 30 people over the period 2022-2023 - 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. - 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. 7 ## **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. 8 ## **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**|| 9 ## **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 / 10 ## **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 11 |**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**| 12 ## **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**|| ||||||| 13 ## **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 14 ## **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 15