## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||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|||||||||| |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|||||||||| |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||| |---|---|---| |1.Accounting
Polices||| |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).||| |Presentational
currency
is 2Sterling and rounding
is to Es.||| |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.||| |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.||| |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||| |VAT inclusive.||| |Financial
Instruments||| |The Charity
only has assets and financial
liabilities
ofa kind that qualify as basic financial
instruments
.Basic financial||| |instruments
are recognised
at transaction
value and subsequently
measured
at their settlement
value.||| |Support Costs||| |The committee consider 5%ofoNce and sundry coals relate to the management
ofthe Bureau and have included these as||| |support costs. Where appropriate,
the salary costs relating to managing
the charity have also been included.||| |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||| |Office Equipment
-33.33%straight
line||| |Debtors||| |Debtors are recognised
at settlement
amount.||| |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|| |Operating
lease agreements||| |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.||| |Funds||| |Unrestncted
Funds are available to spend on activities that further any of the purposes
ofthe charity.||| |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.||| |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| |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| |INCOME FROM:|||||||| |Donations and legacies||||16,627|||16,627| |Charitable
Activities|||||||| |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|||||||| |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|