l B N•twork• Tfust Stat•m•nl of Financlal Athltie• Indudlng Incom• and EXPdItUre Account Year Ended 31 July 2023 Note Uffostrlcted R•5trlrted TrtJl Funds Totsl Funds Fufids 2023 Income From.. Donatlons and ie8¥aes Other Income 6,021 51 58.563 61,671 857 T•tsi Int4Hnlng Ilosourc 6.021 52.542 58563 62.528 EXPdEurn on: Charitable Actl¥ltl•s 5228 51.680 908 6L879 Totil R•sMr¢M Ewqd•d 5,228 SL680 S6.Y)8 61m Net lexpondlturem Incoffle before transfer: L655 Gross TranJf•r4 h•w••n hinAo Net movements In funds 793 862 L&55 645 •conclll•Uon Totsl fvndj brou8ht forn•rd Total fund5 carrfed forward li li 3.331 4.124 4,854 6.509 4,205 4.854 2,385 The Notes on pp8as 10 to 13 form part of thes• fln¢(al statemerts
l B Notw0 Thist at 31 Juty 2023 Currnnt A55•ts Cash at b4nk Jnd in hand l)ebtors 5,126 83 509 3,875 979 4,854 Currefft Li•bllltl•s: Credltors 6,509 4.8S4 Funds af the charity: •Slrfrt•d FurNIJ 11 1385 1.523 11 4,124 3331 Tot•1 Ch•rlty Funds 6,509 4A54 The company Is entltled to the oitrnptlon frorn the •udlt r•qulrnmont corrtained in tlon 477 of the CDmpanle5 Act 21x16. for the year ended 31July 2023. The dlrertors icknowledy thelr respvnslbllity for mplylnl wlth the roqulrements of tho •ct wlth r¢sP•Ctto prepar•tton of the accounts Ind and Kcourttlry records. The ffl•mb•rs have not rUIred the company to cbtsin in audjtof Its fln•nclal statsmehts forthe y•ir In quertlon In accordmce wlth sertlon 47& Théx flnandal ststsments have bean prepared In acujrdance wlth th• pro¥lsions appllubFo to companle5 5ubJert ID the sm•ll companles rqlrne. The ftn•nclal statements 4vern •ppnThYd and authOrf for155uo by the board on and swied on Its behalf by: St4ph•n Ada Datr. R•ts•red Compny Nurnber. N1073279 The NotE5 on pa8es 10 to 13 fonm part of these Ilnandal Xafements
l B Netwo¥ Tn1 Nol¢g to lh¢ FlfAnclal 8latsm•nts for the year ended 31 Juty 2023 11 A¢c4unrln¥ Pollcv The prlndpal accountini pollcles adDpte4 judgements and key 50urce5 of e5dmatlon uncertainty In the preparatlon of the financlal statements are as follaws,. al 8asls of preparatlon The flnancl•l stat•mÉnts have l)e•n pr•pared in 4ccordance wlth Accountlni •né Reportlftl by £harltie5.' Statement ol Recommended Praclice applkable to charitle5 preparln8 their acrnunts In accordan wlth the Financial Reportln8 Standard apCable in the UK ind Rqpublic ol Ireland IFRS 1021 leffettlve l Janujry 2019)- ICh•ritles SDRP IFR5 10211, the Flnanclal Reportlni st4nd•rd •pplicable in the UK and Republic of Ireland {FRS 102), bl Prepvatlon Df the a¢eount$ on • 8vln8 concern basfs The trnstees are of the vlew that there are no material uncertainties abcut the ¢h•rftSes ablllty to ¢ontlnue •5 1 conc•rn, cl Fund acwuntln Genernl funds are unrqstrtcted fund5 whlch ire i¥Bllable for use It the d15rxetlon olth• Trustees In furtheranEg of the iener•l objertives af th• Charty and whlch have not b•en Gener41 fund$ m•y be transferred to desFyated funds whore Trustees wlsh to use these fvnds for a spe¢lflc purpose. SuEh fvnds rn•y betr•nsferred back to ieneral funds oncE the crlterfi for the deslgnatlon h3YE been met or are no lon8erappllcabla. Restrlct•d funds are fiinds whlch are to be used in aCCOfdance wlth specific rnstrlctlons Imposed by donors or whlch frave been r31sed by the Charty for partlcular purposes. The cost of raislni and adminlsterln8 such funds ar• charled aplnst the sptcific fijnd. The ilm and use of restrlcted fvnds Is stt out In the notes to the flnanclal statiments. R•strfcted fvnds mty only be transferred to pneral or deSIated nds<£• th• crltsrfa for rnstrlctlon have been dlsdwr8ed or no lonyrapply. dl Income recolnltlon pall¢l•s Items ot Incomo qra recoLled afid Includod In th• accoufits whon all of tha follrA¥6ni ¢rlterfa Ire met: I: The tharfty has entltlorn•nt to the funds; 2.. Any perforni•nu condltions attached to the Item of Incoffle h•ve been met or Ire fully YAthln the ctrol of the charlty; 3: There is sufficient certalnty that recelpt of the Income is ccryld•rEd prvbable: and amount can be measured rEllab 10
AB Notwork Trn•t Not•8 to tho Flnandal 8tat•ffl•nt• for lh• year ended 31 July 2022 t) tyonated seryice5 and faclllties In accordance with the Charlties 50RP {FR5 ID2), the yneral volunteer Ilmo of SUPPDrters recognlsed. n Interest recelvable Interest on lunds held on deposlt Is Included when recelv3bte Jnd the amount can been measured reliablv. 21 Crftl¢al Kcountlni 1sdmaE•s •nd Juemerts: In the applltation of the charity's accounting polldes the trurtees are requlrnd to make I1Ments, estlmate5 and assurnptions alMJUt the carrylni amount ol assets and liablllues that are not readlly apparent from other sources. Th• estlmates and as50¢iated assumptlons are based on hlttorlt31 experi•fice and other factors that arn considered to be relevant. Artual results mwi dSffer from these osttmates. The •stlrn•tes Jnd underlylng assumptlons are revlewed on an on8oln8 bails. Re¥lslons to Kcountln8 estlmate5 are reColSed In the perlod In whleh the estlmate Is revfsed Y¥llèi É iii• iK¥ia14111 •Ii¥LiJ Yiliy &ii•i y¥iivii th ii) iiiy yeiiuu ur Lil¥ I¥Vi>iUII dllli lUIUI¢ perfods where the rèvlslon •ffect5 both currert •nd future perlod>. 3) Darntlons Ind L•pdw: Unr•thctsd lutrfrt•d Tot•1 Fundj Funth Fundi 2023 2023 T•tal Funds 21x2 DonlaM ind l•pd•J: Appeals and donatFons Chrirtlan Fellowshlp Trust GIftAld T&¥ redalmed 4,639 52.542 57.110 47.707 1383 6,021 52,542 57,180 7,964 61.671 The 2022 balance of £61,671 wa5 made up of £7,731 was unrestrltt•d ind £S3,940 re5tr1ctad. 41 Oth•r kncorn• rnsourcej nds 2023 Fundj Fund¥ Fundj 2023 1023 SbscriPtIons 857 8S7 The 2022 balance of £857 wa5 all unre5trfrted.
Nots8 to tha Financl•l Stst•m•nt• fiyrthe y•arfflded 31 Juty 2023 S)Tot•l R•KOUr Exp•n Tot•1 Tot•1 Funds Funds 2023 2022 nds 2023 Fundi Gavernanco 2D2J Prlftin& pastlng & statlonary Subscriptions and project donatSons Suftdryand ather costs Travel and iub51rtenc• Attountacy f••$ SS8 2.398 $58 450 54,078 60.221 629 129 450 $1,610 754 920 920 4.308 51,68D 920 56,908 61,879 ij'i iJMtotl au• wltnln I yur 2023 Accn*d Incom• 1383 979 979 71 Cfedltan du• wlthln I y••r 21113 AcenlS 81 fnthel r•mun•f•tlon and •xp•n No trustees recei¥•d any ramunorntlon durfnq the year. g) T•x•tla The company Is a rylrtered tharfty and Is therllore exempt from tax. 12
l B N•two•s Tru#t Noto9 to th• Flnffjdal 8talorn¢nts for the year ended 31 July 2023 10) Membets U•bllJty The charlty ts a private company Ilrntted by aI7ntee and consequently doe5 not have share capital. Each of the member515113ble to contrlbute an am0rt rKrt exceedlni £10 tDwartls the assets of the charity In the evÈnt of Ilquldatbn. 11) Aelrt•d P•rtles Coniyollni entlty The tharfty is contmllqd by the truste$s who •re atl directors otth• companv. 111 Anilyts of Funds Ai i# Au¢yrt Incomlni R•sources Tr•nsfar 2022 f1•50urus EMp•nd•d At31 Juty Gen•rnl Fun Unrestnrted Inwn fund 6,021 5.228 4.124 ftthrlcted Funds Ukr4lne M P ProJert Help Make Hope LenOn Earthquake Appeal Turkeyl Syrf tskralne WarApp•il 1530 4.628 3.500 25,612 25,000 19,772 20200 455 1.1?A 612 190 618 1,523 51542 51.680 2.385 58,563 56.908 6509 Il•tAsMts byFund Totsl Ftsnd¥ 1022 Fun 1023 2023 2D23 Net Currmt Ass•ts 4124 2.385 13