2025-06-30-accounts - Communities Welfare Network

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COMMUNITIES WELFARE NETWORK

Supporting needs and improving lives

ANNUAL REPORT 2024-2025

CHARITY INFORMATION

Board of Directors

Felix Wohi Beugre Jacques Ndouba Miss Yllo Aya Kohi

Chairperson Felix Wohi Treasurer Beugre Jacques Ndouba Secretary Miss Yllo Aya Kohi Vice-Secretary Vice-Treasurer Registered Address 49 Camberwell New Road London SE5 0RZ Email Address cowelfare.net@gmail.com Twitter @Network_Welfare Website https://cowelfare.net Company N0: 05199047 Charity N0: 1167437

CONTENT

Items	Pages
Directors Report	3
Aim and Objectives	4
Financial Review	5
Activities & Outcome	6-8
Financial statement	9-14
Independent Examiner	15

DIRECTORS’ REPORT

The Directors present their report and the financial statements for the year ended 31 of March 2025

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.

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

FINANCIAL REVIEW

For this Financial year we had unrestricted income of £13,205 and restricted income of £44672. Total income was £57877. We had a surplus of £4008. Income brought Forward from previous year amounted to £44241, giving a total of £48,249 carried forward over the period 2024-2025. The charity had unrestricted reserves of £17,254, and restricted reserves £25700 to continue pending projects. At the end of 24/25, total Reserves was £42,954.

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.

Activities For the Period 2024-2025

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 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 one to one advice and information sessions and made 17 referrals to specialist services. About 31 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 16 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 .

Rising Living Cost Support Services

We run important support services for people affected by the rising cost of living so that they can survive, improve their confidence and resilience. Services offered include debt and financial advice, advocacy food bank and equipment for 26 users.

Assistance to Senior people

We have delivered domestic and advocacy support services for 34 local ethnic minoritized older people aged 65-80 years who are not well or are isolated. Some of them cannot often go out or do routine things at home.

We have provided them with domestic duties such as shopping, home cleaning, people to pick up their medicine, help with ethnic food cooking, walking around to exercise, have charts, and fun and teach them basic IT skills to communicate with friends on face book, email and search for information on internet. We have also provided interpreter to support them with accessing services.

PLAN FOR 2025-2026

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 24 people in this programme to improve their skills and employability chances.

We will continue to assist about 27 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 42 people over the period 2025-2026
The organisation will continue to deliver more ESOL training courses for new refugees, migrants and asylum seekers and we aim to train about 16 clients over the period 2025-2026 to improve their employability chances and facilitate their integration into the wider community.
Over the period 2025-2026, the organisation will assist about 38 families facing financial crisis due to the rising cost of living, through food and domestic items supply.
We will support about 33 isolated older people to improve their health and wellbeing over the period 2025-2026

FINANCIAL STATEMENTS Unrestricted Restricted £ £ 44672 5155 6750 1300	FINANCIAL STATEMENTS Unrestricted Restricted £ £ 44672 5155 6750 1300	FINANCIAL STATEMENTS Unrestricted Restricted £ £ 44672 5155 6750 1300	FINANCIAL STATEMENTS Unrestricted Restricted £ £ 44672 5155 6750 1300		2025 44672 5155 6750 1300	2024 49695

						6950 4750
13205 4300 2500 560.00 350.00 1600.00 170.00 290.00	44672.00 2400.00 3300.00 17500.00 4800.00 360.00 2340.00 630.00 380.00 1800.00 420.00 2100.00 2669 1400.00 500.00 3500			57877 61395 6700 7800 5800 6950 17500 17500.00 4800 4380 360 340 2340 2800.00 630 630 380 340 2360.00 2206.00 350 350 420 470.00 3700.00 3546.00 2669 726.00 1400 260 670.00 780.00 3500 5200 290 310.00		61395
9770.00 3435.00	44099.00 573.00			53869 4008.00	54588 6807.00	54588


		573.00 4008.00 6807.00 44241.00 37434 48249.00 44241.00			6807.00
					37434
			48249.00 44241.00

BALANCE SHEET FOR THE YEAR ENDED 31/03/ 2025

	2025	2024
Tangible Assets (3)	5105	2175
Current Assets
Cash receivable	43049	38500
Creditors	-5200	-5900
Total Net Assets	42954	34775
Funds
Restricted	25700	23875
Unrestricted	17254	10900

Total	42954	34775

For the year ending 31/03/2025 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

FUONA 23/09/ Signed: ----------------------------------------Date:------------------------------------2025

NOTES TO THE ACCOUNTS (1)

Notes to the Accounts for the Year ended 31 /03/ 2025

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

GRANTS RECEIVABLE (2)

City BridgeFoundation	5910
Groundwork	18297
Lambeth Council	7085
London Community Foundation	4880
CABWI	8500

Total 44672

DEPRECIATION OF FIXED ASSESTS (3)

At the beginning of the year Addition At the end of Year Depreciation At the beginning of the year Charge for the year Accumulated Depreciation Net Book Value			2025 2175 8500	2024
				2901 0
		10675 726 2669 3395 5105		2901
				2901 726 3627 2175

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

23/09/ Signed: ----------------------------------------Date:------------------------------------2025

INDEPENDENT EXAMINER’S REPORT

I report on the accounts of the company for year ended 31 /03/2025

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

19 /09/ --------------------------------------------- Date --------------------------------------2025 |

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