Charity No: 117593 Kinetic Network ## **Report of the Trustees for the period 1[st] July 2020 to 30[th] June 2021 This is the Fourth Report of the Trustees** The Trustees have pleasure in presenting their report, with the financial statements of the charity, for the period ended 30[th] June 2021. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2016) ("SORP (FRS 102)"). ## OBJECTIVES AND ACTIVITIES ## Objectives and aims The principal purposes of the Kinetic Network are general charitable purposes, education, the relief of poverty and religious activities. The Network also carries out such and other charitable purposes in the United Kingdom and other parts of the world that, in the opinion of the Trustees, shall further the work of the Network and be beneficial to those members of the public who engage in its activities or services. _The Kinetic Network is a relational network of leaders and churches committed to the transformation of individuals, churches, society and nations, through the Spirit and the Word._ The Network's activities include, but are not restricted to: training people for Christian service through its ‘Next Generation Impartation’ initiative, the holding of annual or occasional conferences, presently the annual Life in the Spirit Christian Leaders Conference, and the occasional or annual LITS Senior Pastors gatherings, support to and involvement in other Christian leaders conferences, the provision of Christian education and support services to Churches and Pastors, the forming of regular groups to provide pastoral support and encouragement to Christian leaders, the making of grants to individuals and churches to enable access to Christian education and training in Christian ministry, usually being provided by the Network. These activities are undertaken in England, Scotland, Wales and Northern Ireland, but individuals may access these provisions from other countries, providing any necessary processes to obtain visas and permission to work are completed. ## Public benefit In planning the activities of the Network, the Trustees have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. ## ACHIEVEMENT AND PERFORMANCE ## Charitable activities During the reporting period the Network has had to face, as have all charities, the disruption caused by the COVID-19 pandemic. Initial comments on the impact of this on activities were made in the previous Annual Report. 1 Charity No: 117593 Kinetic Network During the year now being reported most activities were conducted online, including ‘Central Weeks’ and all other activities in the third year of the 'Next Generation Impartation’ (NGI) initiative. Despite the restrictions, five people completed their time on the course in the summer of 2020, three people are moving toward completion of their second year in the summer of 2021, and two others are working toward the completion of a first or single year. The locations of the students in this year were Sheffield, Tamworth, Tadworth, Swindon and New Milton. The NGI Team continues to work through the recruitment challenges posed by the pandemic. During this reporting year the team took a new initiative named ‘NGI plus,’ a monthly Sunday evening online session providing additional contact time with trainees, and a ‘window into NGI for others who are interested in the course. We will comment further on this in the next reporting year. The Annual ‘Life in the Spirit’ Conference was delayed until May, giving an opportunity for participants to gather in numbers up to thirty across ten locations, for a shorter, 2 day conference at much reduced cost. All locations were linked live, and speakers and worship leaders were in a number of the locations. The ‘Life in the Spirit’ team continues to work on the shape of future conferences. In a similar way, the KN Team will continue to explore the best way to bring together Senior Pastors, whether online, as has been the case throughout the reporting year, or in person. The Covid-19 pandemic severely restricted all face to face contact through most of the reporting year. Despite this, trustees and team members have continued to provide support, encouragement and teaching to numerous churches, either those in which they are themselves located, or to other churches, leaders, and potential Trainees, by request. During the year the Trustees were delighted to be able to appoint a part-time member of staff, Clare Rudland, as Marketing and Events Coordinator. FINANCIAL REVIEW To be added STRUCTURE, GOVERNANCE AND MANAGEMENT ## Governing document The charity is controlled by its governing document, as a Charitably Incorporated Organisation. ## Organisational structure The Trustees and others form a team of volunteers who organise the activities of the Network, increasingly through sub-team working. A small Advisory Group of former trustees has been established, to provide additional support and advice to the Network and its Trustees. The Network employs two people in part time positions. The Rev Dr Will Loescher is employed for activities related to the ‘Next Generation Impartation’ Initiative. Mrs Clare Rudland is employed as Marketing and Events Coordinator. Teams have been developed to extend the work through LITS Conferences, NGI, and Networking. It is also expected that further work will be done to extend the networking opportunities for those who attend the Network’s conferences, and others who are interested. The Trustees enjoy the confidence of particular donors in this extension work. ## Governance code 2 Charity No: 117593 Kinetic Network The Trustees are aware of the Charity Governance Code and continue to consider how the relevant matters can be applied to and implemented by the Network. Trustees receive regular training and updates to enable them to be effective as Trustees. ## Risk management The Trustees have a duty to identify and review the risks to which the charity is exposed and ensure that appropriate controls are in place to mitigate or eliminate those risks. The Trustees regularly review the major risks to which the Network is exposed and have established systems and procedures to mitigate those risks, particularly in the areas of financial management, and General Data Protection Regulation (GDPR). REFERENCE AND ADMINISTRATIVE DETAILS Principal address: 90 DENMARK STREET BEDFORD MK40 3TJ ## Trustees M J Childs Chair G M Lloyd-Jones Team Leader Mrs R Sands Hon Treasurer R W Welch Hon Secretary Mrs M McKean P Cockrell W Loescher R Stevens J C Watts M Cooling Under the terms of the CIO, Trustees are appointed for 3 years, with a maximum 3x3, a 9 yr term. An annual rotation of one-third of the Trustees has been established. Independent examiner J C Caves F.C.A. 27 Northill Road Cople Bedford MK44 3TU Bankers CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling 3 Charity No: 117593 Kinetic Network Kent ME19 4JQ Kinetic Network FlnanGial Actfvlfjes July 2020- Jun8 2021 TOTAL ITKom8 2￿21 LJYS V&tya1 C•nforonc• 8.961.eo Oonations- Kinolc Nah¥ork GA DOna￿onS Klnotlc Non GA 3,28Q.frJ 2,900.00 IfjOAO Don*tlon8 ￿ftdd0d rttl￿ed Dwdon$ NGI Donalons NGI QA Donat￿)n5 NGI Non GA 1,220.IKI 120.00 720.00 QNt Aid Recovarab IntsrO￿ r￿•￿Id on DopJ&tt attount LIT6 Conl•r•rKo F008 2021 .• NGI tr￿n88 Pwmmrne l&ol BDok8 568.41 0.38 .720.00 6.WO.00 80.00 t2lh1U7 121A1U7 TOTAL exp•ndttur•8 Admlnl$tratoi- Grou W¥•• Atrortwn￿rOMo1Onal Bank charges thcl Slrfpe Book ka•￿n0 CDmpLrt8r Co •ofMtAr• 3.050. 280.81 26SAO 93.96 Confor0n￿ •xpons•$- SNR L•thr•2020 Employws P•n•lon 300.00 1,910.05 36.00 38.00 50.00 385.04 Ico 1r￿￿thI•nt Exwnlrffir Inauran￿• LITS 2021 Vlrtual Conforanc• •¥p•n• Mtsn•y pild lo Hu Sp8akor Costs 3.380.92 1,300Xp) NGI Cost8 Employ•ri Nl NGI- Gro88 Wa¢81 NQI Iralniw pYegramm• •xp•nM NGI Tra¥¢l and Ac¢ommodalon n.92 12.597.77 415.15 otficelGonoi8llPosi8g• ExponM8 Prinllng, Po8wg8 Stllknnèry IS.01 Payroll Exponditum Payroll Bureau tr5N56AB 24,OA11 £4OX11 NEf OPERATING INCOME NET INCOMEIIEXPENDITUREI eath Wethe*, 28 j￿Y2￿110￿..o9 pm oMr+01tsJ Kinetic Network Balance Sheet As of June 30, 2021 TOTAL xed Asset Cash At bank and In hand CAF Bank Curr•nt Account NGI R•stricted Totd CAF BankCurnnlA&Jount CAF 8ank D•po$lt Account CAF Vouchgr1810007436781 Strfpg Account Totsl Cath at bArf(•nd In hATrJ 22,981.17 1,358.28 1,959.75 DotAor8 Glft Ald. Rocelv¢at4• 1.OSO.00 .455.00 Curnnt A880ts Undepo8lled Fu Tt)W Curr•ntAM• NET CURRENT ASSETS Cr•dhor8'. amoun1814lllTrJ du• vlthln on• y• Trado Crodttors Crgdltors To?￿ Trarf• Cr•tharn Cuff•ni uiblllt1•8 D•larr8d In￿mI Not Wag•8 Payroll Llat4lld•4 0.00 7,7￿20 2.1￿.00 487.00 £1.818 £1A13,1 £28,141.20 £•14120 £&14120 TO1￿ Cr•oltorn: arnounb Idttng du•T•hYn orn NET CURRENT ASSETS ILIA81LITIESI TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL NET ASSETS ILIABILITIESI Ch#rfty lund$ Openlng Balanc• Equty R•taln8d EArning8 SurpluWIDgfi¢ltl Total Charttyfu $99.69 29.579.62 4.038.11 P28.14120 l B•sin WedM8day. 28 Juty 202104..09 ￿ GMT+01'.LK)