# **CONNECT NETWORKING WOLVERHAMPTON (a Charitiable Incorporated Organisation)**
## **Un-audited Financial Statement**
**Company No. CE009653 (Englands and Wales) Registered Charity No: 1171158**
**Accounts for the year ended**
**31st December 2020**
## **Connect Networking Wolverhampton**
## **DIRECTORS REPORT FOR THE PERIOD ENDED 31st December 2020**
The directors have pleasure in submitting their Report for the period ended 31st December 2020
## **GENERAL INFORMATION**
CONNECT is a Chritiable Orgainsation (CIO) Registered in England and Wales with the Charitiy Commission under registration Number 1171158. It's registered office is Tabernale Baptist Church, Dunstall Road, Wolverhampton. WV6 0NJ
## **OBJECTIVES**
The Charitable objects are: The advancement of the Christian Faith in Wolverhampton and surrounding areas by: Promoting Christian faith and values encompassing all denominations and traditions. Promoting collaboration between churches Supporting community projects amoung churches and in collaboration with other communtiy agencies Supporting Church leaders
**THE TRUSTEE'S ARE CURRENTLY**
Reverend Steve Uppal, Chairperson Reverend Leon Etten Reverend Susan Graham Reverend Emmanuel Kapofu Reverend Richard Merrick **SECRETARY**
**-**
## **The directors during the year under review were:**
None
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
The charity is governed by its governing document, a deed of trust, and constitutes a limited company, Limited by Guarentee as defined by the Companies Act 2006
## **RISK MANAGEMENT**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure and appropriate controls are in place to provide reasonable assurance against fraud and error
## **MEMBERS GUARANTEE**
The company is incorporated as a company limited by guarantee and does not have a share capital. The liability of each member is fixed at an amount not to exceed £1.
## **ON BEHALF OF THE BOARD**
**Signed: Director: Name: On: Date**
**REGISTERED OFFICE CONNECT NETWORKING WOLVERHAMPTON** TABERNACLE BAPTIST CHURCH DUNSTALL ROAD WOLVERHAMPTON. WEST MIDLANDS WV6 0NJ
**Page 1**
## **Connect Networking Wolverhampton**
## **Income and Expenditure 31st December 2020**
|**Income**
**INCOME & ENDOWMENTS FROM**
**Donations & Legacies**
**Other Income Resources**
**Interest**
**Total Income**
**Expenditure**
**EXPENDITURE ON:**
**Charitable Activites**
**Other Activities**
**Total Expenditure**
**Taxation**
**Penalty**
**Net Incoming/ (outgoing) resources**
**Transfers**
**Reserves brought forward**
**Reserves carried forward**|**Unrestricted**
**Restricted**
**Total**
9,171
9,171
9,171
9,171
5,480
5,480
5,480
5,480
3,691
3,691
-16,571
-16,571
-12,880
-12,880
**2020**|**2019**
16,233
2,140
18,373
10,611
1,057
11,667
6,706
-23,276
-16,571|
|---|---|---|
**Page 2**
## **Connect Networking Wolverhampton**
## **BALANCE SHEET AS AT 31st December 2020**
|**Unrestricted funds**
**Restricted Funds**
**CURRENT ASSETS**
**Bank and Cash**
**5,120**
**Total**
**5,120**
**CURRENT LIABILITIES**
**Creditors**
**18,000**
**Total**
**18,000**
**Total Net Assets**
**Reserves Brought Forward**
**Surplus/(Deficit) for period**
**Accumulated Reserves**
**2020**|**Total this year**
**5,120**
**5,120**
**18,000**
**18,000**
**-12,880**
**-16,571**
**3,691**
**-12,880**|**2019**
**5,429**
**5,429**
**22,000**
**22,000**
**-16,571**
**-23,276**
**6,706**
**-16,571**|
|---|---|---|
**For the year ending 31/12/2020 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 in accordance with section 476 of the Companies Act 2006.**
**The director's acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.**
**These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.**
## **ON BEHALF OF THE BOARD:**
**Director: Name: Reverend Steve Uppal**
**Signature:**
**Date;**
**The accompanying notes form an integral part of these accounts.**
**Page 3**
## **Connect Networking Wolverhampton**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st December 2020**
## **1 ACCOUNTING POLICIES**
**a: Basis of accounting - the financial statements have been prepared in accordance with the historical cost convention and are in accordance with Statements of Standard Accounting Practice. b: Turnover consists of grants received, activity based sales and donations. No value-added tax is involved.**
## **Connect Networking Wolverhampton**
## **ACCOUNTANTS REPORT**
## **Accountants' Report to the directors on the unaudited financial statements**
**For the year ended 31st December 2020**
**As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31st December 2020 , and you consider that the company is exempt from audit**
**In accordance with your instructions, these unaudited financial statements have been compiled from the accounting records, information and explanations supplied, to assist you to fulfill your statutory responsibilities.**
## **and**
**(a) the accounts of the company for the financial year in question are in agreement with the accounting records kept by the company under section 386 of the Companies Act 2006;**
**(b) having regard only to, and on the basis of, the information in those accounting records, those accounts have been drawn up in a manner consistent with the provisions of the Act.**
**NOTES to the financial statements for Year Ending 2020 None**