## COMMUNITIES WELFARE NETWORK
Supporting needs and improving lives
ANNUAL REPORT
2022-2023
## **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**|**Pages**|
|---|---|
|Directors Report|3|
|Aim and Objectives|4|
|Financial Review|5|
|Activities & Outcome|6-8|
|Financial statement|9-14|
|Independent Examiner|14|
2
## **DIRECTORS’ REPORT**
## **The Directors present their report and the financial statements for the year ended 31 of March 2023**
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 the rising cost of living
4
## **FINANCIAL REVIEW**
This Financial year we had unrestricted income of £18,020 and restricted income of £39,686. Total income was £57,706. We had a surplus of £773 on the unrestricted income and £2331 surplus on restricted income. Income brought Forward from previous year amounted to £34,330, giving a total of £37434 carried forward over the period 2023-2024. The charity had unrestricted reserves of £14835, and restricted reserves £12200 to continue pending projects. At the end of 22/23, total Reserves was £27035.
## **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.
5
## **Activities For The Period 2022-2023**
## **Employment Support Services**
The employment support services targeted people who are not in employment and self-employment. 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, online Job applications and voluntary job placement. The programme benefited 24 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 and information sessions and made 14 referrals to specialist. About 48 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 14 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.
6
## _**Rising Living Cost Support Services**_
We run important support services to people affected by the rising cost of living so that they can survive, improve their confidence and resilience.
We assisted about 44 people mainly from minority communities through food and essential items supplies, domestic works, befriending and interpreting services.
## **Achievement and Performance**
- The organisation employment training programme and support services, enable 18 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 33 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 14 beneficiaries who have improved their speaking, reading, and writing skills and can now manage their own life. Eleven of them have secured part-time and full-time employment and 07 moved to further education and training
- Our support to people affected by the rising cost of living enabled them to improve their Resilience, income, confidence and mental health
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## **PLAN FOR 2023-2024**
- 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 28 people in this programme to improve their skills and employability chances.
- We will continue to assist about 34 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 2023-2024
- The organisation will continue to deliver more ESOL training courses for new refugees, migrants and asylum seekers and we aim to train about 19 clients over the period 20232024 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 21 children in need from poor families who have no alternative.
- Over the period 2023-2024, the organisation will assist about 60 families facing financial crisis due to the rising cost of living, through food and domestic items supply
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## **FINANCIAL STATEMENTS**
|**Unrestricted**
**Restricted**
**2023**
£
£
Grant receivable (1)
39686
39686
Fundraising & Donation
9800
9800
Membership
320
320
Centre rental fees
7900
7900
**Total Incoming Resources**
**18020**
**39686.00**
**57706**
**Resources Expended**
Salary & Wages
7600.00
7600
Sessional Trainers Cost
3400
4500.00
7900
Rent & Rates
3260.00
13800.00
17060.00
Heat/Light/ utilities
3300.00
3300
Insurances
340.00
340
Telephone Internet & Fax
1800.00
970.00
2770.00
Post/Stationery
520.00
520
Printing & Publicity
855.00
855
Delivery cost and travel expenses
760.00
340.00
1100.00
Accountancy cost
220.00
220
Refreshment
380.00
120.00
500.00
Volunteer Cost
3300.00
3300.00
Depreciation Charge
967.00
967
Maintenance & Repairs
220.00
300.00
520
Administration Cost
400.00
300.00
700
Food Bank & Essential Items
4100
4100
Equipment
2300.00
2300
Fundraising cost
240.00
310
550.00
**Total Resources Expended**
**17247.00**
**37355.00**
**54602**
**Net Incoming Resources**
**773.00**
**2331.00**
**3104**
**Total Funds at 1 April 2023**
**773.00**
**2401**
**3104**
Fund B/F
**34330**
**Funds Carried forward at 31 March 2023**
**37434**|**Unrestricted**
**Restricted**
£
£
39686
9800
320
7900|**Unrestricted**
**Restricted**
£
£
39686
9800
320
7900|**Unrestricted**
**Restricted**
£
£
39686
9800
320
7900|**Unrestricted**
**Restricted**
£
£
39686
9800
320
7900|**2023**
39686
9800
320
7900||**2022**
54200
5800
276
3900|**2022**
54200
5800
276
3900|**2022**|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
|||**18020**
3400
3260.00
1800.00
760.00
220.00
380.00
3300.00
967.00
220.00
400.00
2300.00
240.00|**39686.00**
**57706**
7600.00
7600
4500.00
7900
13800.00
17060.00
3300.00
3300
340.00
340
970.00
2770.00
520.00
520
855.00
855
340.00
1100.00
220
120.00
500.00
3300.00
967
300.00
520
300.00
700
4100
4100
2300
310
550.00||||**64176**
13600
10060
15800
2300
340
2180
560
740
1744
1300
440
3890.00
523
390
676
4320|||
||||**37355.00**
**54602**
**2331.00**
**3104**
**2401**
**3104**
**34330**
**37434**||||**58863**
**5313.00**|**58863**||
|||||||||||
||||||||**5313.00**|||
||||||||**29017**|||
|||||**37434**||**34330.00**||||
9
## **BALANCE SHEET FOR THE YEAR ENDED 31/03/ 2023**
## Current Assets
Cash receivable 30434 36236 Current Liability Creditors -6300 -3500 Total Net Assets **27035 34303 Funds** Restricted 12200 18983 Unrestricted 14835 15320 **Total 27035 34303**
For the year ending 31/03/2023 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 company’s regime.
Signed on behalf of the board of Directors
Felix Wohi - Director
Signed: ----------------------------------------
Date:-----30/10/-------------------------------2023
## **NOTES TO THE ACCOUNTS (1)**
## **Notes to the Accounts for the Year ended 31 /03/ 2023**
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 organization ’s reserves policy is to maintain a level of unrestricted and undesignated reserves equivalent to 3-6 months' turnover
11
## **GRANTS RECEIVABLE (2)**
|||||||
|---|---|---|---|---|---|
|CityBridgeTrust|||7500|||
|Together London|||9936|||
|Seven FriendsFoundation|||5050|||
|FoyleFoundation|||4000|||
|AllianceFamilyFoundation|||3700|||
|LondonCommunityFoundation|||5000|||
|Westminster Amalgamated Charity|||4500|||
|||||||
||**Total**||**39686**|||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
|||||||
12
## **DEPRECIATION OF FIXED ASSESTS (3)**
|||**2023**||**2022**||
|---|---|---|---|---|---|
|||||||
|At the beginning of the year||1568||2091||
|Addition||2300||2091||
|||||0||
|At the end of Year||**3868**||||
|||||||
|**Depreciation**||||||
|At the beginning of the year||3868||2091||
|**Charge for the year**||967|522.75|||
|Accumulated Depreciation||3006|2613.75|||
|||||||
|Net Book Value||**2901**|**1568.25**|||
|||||||
|||||||
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
**----- Start of picture text -----**
30/10/
Signed: ----------------------------------------Date:------------------------------------2023
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## **INDEPENDENT EXAMINER’S REPORT**
I report on the accounts of the company for year ended 31 /03/ 2023 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
23 / 09 / --------------------------------------------- Date --------------------------------------2023
Mr Yoboue Richard Community Accountant 5 Prescott House London SE17 3PH
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