## **THE DISCOVER NETWORK** 

## **Trustees’ Annual Report & Financial Statements** 

**For the period 19 March 2021 - 31 March 2022** _Charity Registration Number: 1193870_ 



## **Objectives and Activities** 

The Object of the Discover Network (TDN) is, for the public benefit, the advancement of the Christian faith in the United Kingdom and the world as the charity trustees may from time to time decide. 

## **Public Benefit** 

The trustees are aware of the Charity Commission’s guidance on public benefit in the advancement of religion for the public benefit and have given due consideration to it in their administration of the charity. 

TDN exists to advance the Christian faith, and provides a benefit to the public by: 

- Enabling people to encounter faith using Discovery Bible Studies (DBS) 

- Equipping faith leaders with training and mentoring 

- Offering creative ways to enable people to engage with the Bible 

- Mobilising prayer 

- Developing resources which allow people to engage with faith 

## **Achievements and Performance** 

## **Discover Network** 

- Running online training sessions for groups interested in running DBS 

- Mentoring leaders who are onwardly starting DBS groups, training leaders and mentoring leaders 

- Hosting Introduction to DBS meetings with several interested individuals 

## **Discover App** 

2021-22 saw a growing partnership with Biblica Europe which has enabled us to make significant progress adding new Languages to the Discover App. These developments were independently funded (ie money did not go through TDN) 

- Farsi 

- French 

- Ukrainian 

- Russian 

- Spanish 

## **Financial Review** 

The Discover Network was registered on 19th March 2021. Due to complications arising from the Coronavirus Pandemic, it was initially unable to open a bank account. An application to open an account with the Co-operative Bank was accepted in principle on 29th March 2022 subject to proof of identification. As a result of this TDN has not undertaken any fundraising activities in the period 19 March 2021 to 31 March 2022. It had no income or expenditure in the period and currently holds no reserves. There are no liabilities other than the setup and registration costs of £1,170 which were paid on its behalf in the form of an interest-free, indefinite term, personal loan. 

As soon as the bank account is available, the Trustees will begin applying for grants and are confident that these will ensure the continuance of TDN as a going concern. 



## **Statement of Financial Activities** 

|**Statement of Financial Activities**|||||
|---|---|---|---|---|
|||**As at**||**As at**|
||**31**|**Mar 2022**|**31**|**Mar 2021**|
|Opening Balance|**£**|**(1,170)**|**£**|**0**|
|Income|**£**|**0**|**£**|**0**|
|Expendtiture|**£**|**0**|**£**|**1,170**|
|**Net Asset Surplus (Defcit)**|**£**|**(1,170)**|**£**|**(1,170)**|



## **Structure, Governance and Management** 

The Discover Network is constituted as a Charitable Incorporated Organisation (CIO) whose only voting members are its Charity Trustees. It is governed by a constitution 

The management of the CIO is the responsibility of the Trustees who are appointed by resolution passed at a properly convened meeting of the Charity Trustees under the terms of the constitution. 

## **Reference and Administrative Details** 

## **Charity Name** 

The Discover Network 

## **Trustees** 

S Pilkington A Gilmour L Boster 

## **Charity Registration Number** 

1193870 

## **Registered Office** 

Stampwell Farm Oxford Road Jordans BEACONSFIELD HP9 2XD