| F | orthe ye | ar ended | 31stMarch | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | Total | |||||
| Notes | Funds | Funds | Funds | 2021 | 2020 | ||||
| 2 | 2 | 2 | 2 | 2 | |||||
| INCOME FROM: | |||||||||
| Donations and legacies | 5,646 | 3,000 | 8,646 | 16,627 | |||||
| Charitable Activities |
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| Grant Waking | Borough Council | 1 | 218,000 | 218,000 | 218,000 | ||||
| Other grants | 162,478 | 162,478 | 113,101 | ||||||
| Income from other trading | activities | ||||||||
| Income from fundraising | activities | 20,624 | 20,624 | 6,568 | |||||
| Investment Income |
2 | 42 | 42 | 86 | |||||
| Other income | 8,830 | 8,830 | 4,903 | ||||||
| 253,142 | 165,478 | 418,620 | 359,285 | ||||||
| EXPENDITURE ON: | |||||||||
| Raising Funds | 923 | ||||||||
| Charitable Activities |
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| Grants | 1,970 | 1,970 | 4,000 | ||||||
| Staff costs | 169,618 | 135,826 | 305,444 | 265,382 | |||||
| Office and property costs | 8,528 | 8,528 | 11,534 | ||||||
| Sundry expenses | 50,611 | 7,669 | 58,280 | 70,003 | |||||
| TOTAL | 228,756 | 145,465 | 374,221 | 351,842 | |||||
| NET INCOME/ (EXPENDITURE) | 24,385 | 20,013 | 44,398 | 7,443 | |||||
| Transfers between Funds |
13S14 | (22,511) | 23,000 | (489) | |||||
| NET INCOME/( EXPENDITURE) after transfers | 1,874 | 23,000 | 19,524 | 44,398 | 7,443 | ||||
| FUNDS BROUGHT FORWARD AT 1st April | 2020 | 115,970 | 62,653 | 9,094 | 187,717 | 180,274 | |||
| FUNDS CARRIED FORWARD AT | 31st March | 2021 | 117,844 | 85653 | 28618 | 232116 | 187717 |
| CITIZENS ADVICE WOKING Notes to the Financial Statements Year lo 31nMarch 2021 |
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| 1.Accounting Polices |
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| General | ||
| The Rnendal statwnantx have been prepared an the amrvals baric under the hilttoric cost convention and in accordance with the statements oi Recommended PraNce: Accountlna and Reportlns by Otarltlet preparlna tliex accounts in a«cwdance with the Financial Reportlns standard appq cable in the UK and Republic ot Ireland IFRs 102Ilttuad on 16Iuly 2014and the compsnlec Act 2006. 77m Charify isapublb benedf entity and fhsss accounts have beenp~ under Iha hisforic cast convenlen and in accordance with applfcabfb accounffng slandwds and Ihe Btafsmenl ofRecommended Pracl(saon Accounting by charities (Revised 20I5), CcfinpanMs Rcl200Ãend the Flnanci@ Reporting SIsndard forSmager Entitles (sdachlre I January 2015). |
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| Presentational currency is 2Sterling and rounding is to Es. |
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| Income | ||
| Income comprises grants and donagcns receivable in the veer. Income from donations was unrestricted in both years. Grant income from Woking Borough Councg was unrestricted in beth years. Fundraising income was unrestricted in both years. |
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| Donated services and facilities | ||
| Woklnq Scrouch Council provide ofgces free ofcharge from which the charily operates. The esgrn sled rent, ssniica charge and rates donated have not been inc4ded in the Statemenl of FinanNial Aoqvities as the Tmstees do not feel the beneficial value to the charity can be measure reliably. Please see rmte 5. Expenditure Llabiglies ara rscognilsed as soon as there isa legal or construcfive oblige(ion commining ths charity te Ihe sxoenditure, it is probable that Uis setgemenl will be required and lhe amount ol Ihe obligation can be measured with reasonable certainty. |
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| Pension coals | ||
| Defined contribution pensions costs are allocated to unrestricted and restricted activities based on the allocation |
ofstaff time. | |
| VAT | ||
| Due to the nature ofthe Bureau's activities it is outside the scope ol VAT and therefore its income and expenditure, as stated, is |
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| VAT inclusive. | ||
| Financial Instruments |
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| The Charity only has assets and financial liabilities ofa kind that qualify as basic financial instruments .Basic financial |
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| instruments are recognised at transaction value and subsequently measured at their settlement value. |
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| Support Costs | ||
| The committee consider 5%ofoNce and sundry coals relate to the management ofthe Bureau and have included these as |
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| support costs. Where appropriate, the salary costs relating to managing the charity have also been included. |
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| Agocatlon ofOverheads Certain 0Nce, sundry and salarv costs have been allocated to restricted funds where provision has been made these coals to be funded, from the grants. |
by the donors for | |
| Fixed Assets | ||
| Fixed assets.are stated at cost.These are usually capilalised ifthe costs of each item exceeds F1,000. Depreciation is provided at rates calculated to write off ofeach asset over its expected useful life as follows |
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| Office Equipment -33.33%straight line |
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| Debtors | ||
| Debtors are recognised at settlement amount. |
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| Creditors | ||
| Crmptors are recognised when the charity has apresent oblioagon resulting from apast event that will probablv transfer of funds to a Utlrd party and the amount fo ssffkr can bs measured regably. Creditors arb recognised at amount |
result in the settlem ant |
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| Operating lease agreements |
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| Rentals appficable to operating leases where substantially ag of the benefits and risks of ownership remain with |
the lessor are | |
| charged against income on a straight line basis over the period ot the lease. |
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| Funds | ||
| Unrestncted Funds are available to spend on activities that further any of the purposes ofthe charity. |
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| Designated Funds are unrestricted funds of the charity which the trustees have decided at their discretion to set |
aside for a | |
| specific purpose. | ||
| Restricted Funds are funds which are restricted for a specific purpose. |
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| Going Concern | ||
| The vustees have reviewed Gaing Concern up to ooeyear from Ihe dale otsigning these accounhi. Following the outbreak cf COVID-fg revised budgets and forecasts have been prepared and providing the continued support of Waking Borough Council Ihe liuslees believe the cherby Is agoing concern forthe foreseeaNs future. |
| 2Irweenmt | Income | 2021 | 2020 | |
| 6 | f | |||
| Interest receivable | 42 | 86 | ||
| 3Grarlta | 2021 | 2020 | ||
| 2 | ||||
| Wenceslas fund |
I 970 | 4,000 | ||
| 4Staff Costs | 2021 | 2020 | ||
| 2 | 2 | |||
| Salaries | 274,656 | 232,051 | ||
| Employers Nl |
16,187 | 16,948 | ||
| Pensions | 18,416 | 16,383 | ||
| SMP reclaimed | ||||
| 265,382 | ||||
| Allocated as follows: | ||||
| Charitable activfftes |
274,900 | 238,844 | ||
| 26,538 | ||||
| 305,444 | 265,382 | |||
| Average number | of employees | |||
| Management | 2 | 2 | ||
| Administration | 1 | I | ||
| Direct advice | 9 | 8 | ||
| Support staff | 4 | 2 |
| 5 Oflice and Property Costs | 2021 | 2020 |
|---|---|---|
| 2 | ||
| Beats and insurance | 1,252 | 1,244 |
| Office services | 2,556 | |
| Printing, postage and stationery |
5,178 | 5,274 |
| Telephone and fax |
1,573 | 1,883 |
| Supportcosts | 525 | 577 |
| Building maintenance | ||
| 8,528 | I1,534 |
| 6 Sundry Expense | s | 2021 | 2020 |
| f | 2 | ||
| Legal, professional | 8 consuaancy | 1,106 | 1,216 |
| Travelling expenses |
504 | 5,574 | |
| Staff training | 1,226 | 3,327 | |
| Computer expenses | 29,412 | 38,701 | |
| Sundry expenses | 20,726 | 15,177 | |
| Depreciation | |||
| Support cosfs | 5,305 | 6,008 | |
| 58,280 | 70,003 |
| 7Support Costs | ||||
|---|---|---|---|---|
| 2021t | 2020t | |||
| Salaries and other employee costs | 30,544 | 26,538 | ||
| Office and property costs | 525 | 577 | ||
| Sundry expenses | 2,385 | 3,368 | ||
| Governance costs |
2,920 | 2,640 | ||
| 36.374 | 33.1 3 | |||
| All support costs are allocated to charitable | activities | |||
| 8 Fixed Assets | ||||
| Office | ||||
| Equipt | ||||
| Cost | ||||
| 1"April 2020 | 38,748 | |||
| Additions | ||||
| Disposals | ~38 748 | |||
| 31' March 2021 | ||||
| Depreciation I"April 2020 |
38,747 | |||
| Charge for the year On disposals |
1 ~38,748 |
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| 31' March 2021 | ||||
| Net book value at 31"March 2021 | ||||
| Net book value at 31"March 2020 | ||||
| 9 Debtors | ||||
| 2021t | 2020t | |||
| Debtors and prepaid expenses | 7,381 | 5,373 | ||
| 10Creditors: Amounts | falgng due within | one year | ||
| 2021t | 2020t | |||
| Accruals and deferred income |
6,273 | 4,454 | ||
| 11 Related Party Transactions | ||||
| Donations of64K were |
received from related | parties. |
| Note 18:Statement of | Financia | l Activitie | s 31 March 202 | 0 | |||
|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | ||||
| Fundst | Funds t |
Funds f |
2020 t |
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| INCOME FROM: | |||||||
| Donations and legacies | 16,627 | 16,627 | |||||
| Charitable Activities |
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| Grant Woking Borough Council | 218,000 | 218,000 | |||||
| Olher grants | 113,101 | 113,101 | |||||
| Income from other trading | activities | ||||||
| Income from fundraising | activities | 6,568 | 6,568 | ||||
| Investment Income |
86 | 86 | |||||
| Other income | 4,903 | 4,903 | |||||
| 246,184 | 113,101 | 359,285 | |||||
| EXPENDITURE ON: | |||||||
| Raising Funds | 923 | 923 | |||||
| Charitable Activities |
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| Grants | 4,000 | 4,000 | |||||
| Staff costs | 155,711 | 109,671 | 265,382 | ||||
| Office snd property costs | 11,534 | 11,534 | |||||
| Sundry expenses | 69,872 | 131 | 70,003 | ||||
| TOTAL | 238040 | 113,802 | 351,842 | ||||
| NET INCOME/ (EXPENDITURE) | 8,144 | (701) | 7,443 | ||||
| Transfers between Funds | (10,000) | 10,000 | |||||
| NET INCOMEI( EXPENDITURE) after transfers | (1,856) | 10,000 | (701) | 7,443 | |||
| FUNDS BROUGHT FORWARD AT 1st Aprg | 2020 | 117,826 | 52,653 | 9,795 | 180,274 | ||
| FUNDS CARRIED FORWARD AT 31st March | 2021 | 115,970 | 62,653 | 9,094 | 187717 |