Company reWon number. 2785039
Charity Tewtration Dumber. 1017fA9
Torbay Citizens Advice Bureaux
(A comp8ny limited by guarantre)
for the Year Enthd 31 Marcb 2025
Thompson Jenner LLP
Chartered Accountants
I Colleton Crescent
EX2 4DG

Torbay Citizens Advice Bureaux
CoDteDts
Reference and AdMI￿tratiVe Details
Chaivs Rep)rt
Trustees, Rep)rt
3to12
Statement of Tntstees, Responsibilities
13
Indq)endent Examinerfs Rq
14
Statement of Financial Activittes
15
Balance Sheet
17
Notes to the FinaDcial Statements
18to31

Torbay Citizens Advlee Burex
Reference and Administrative Details
Truite
G Buck
J Lowes
J Kcllet
C Jcwell
P Cnh)n
Charlty Reglkntlon NllDther
1017649
Company Registr•don Numb¢r
2785039
The ¢harity is in¢orw)rnted in FW & Wales.
29 Palace Avenue
Paignton
Devon
Reghtered Office
TQ3 3EQ
Thornpson Jenner LLP
Independent Examiner
I Colleb)n CrcsccJ]t
Exeter
Devon
EX2 4DG
Page I

Torbay Citizens Advice Bureaux
Chair's Report for the Year Ended 31 March 2025
The year l April 2024 to 31 March 2025 has generally beeD another year of progress and sue¢¢ss. Our shared
(with Citizens Advice Exeter) ￿0. Sue july￿ h&% built on the firni foundations she laid l&st year. abty
assisted by Assistsnt CEO, Lynd8ay J8rnLin (also b&s¢d in Exeler) and our Advice Services Manager (b&sed in
our Paignton office). Jackie Ekers. CA￿ advisor and administration leam of paid staff and well.trained voluDte¢TS
have also contributed to this success and we ended the year in a gcrf)d p)sition. As this goes to press, July 2025,
we have just had our governance and leadership validated by thc National citize￿ Advice organisation &$ all
"Green" (the Fu'gbest we could get) and we b3v¢ also achievcd Advicc Quab'ty SLqndard (AQS) accreditstion for
c&8ework in Debi. Disability aDd Welfare Benefits.
As reported for the previo￿8 two years, the Trustees dccided to set a deficit budget for the year 24125. The
Tn￿leeS have retained this policy for 25126 to endeavour to ￿taIn our highly trained and professional paid staff
by funding salaries from reserves as necessary. We Ten￿ltt immensely grdtefid for the continued significant
funding from Torbay Council (and again for this year 25126). tn 24125 we wer¢ sU￿¢S5fill in gaining additional
streams of fi￿d￿8 which events￿lY reduced our final deficit from a predicted £165k to £78k.
Using a Tre&%ury-approved llK)d¢l we gencraied £3.76 in saNings to government and public services for every
£1.00 investd However, Local Citizens Advice ILCA) offices receive no goveTnmcnt fiuJdin& contrary to the
perception of many.
We have a g(M)d relationship with Torbay MP. Steve Darling. WIM) was special guest for our 1&8t AGIA. We also
have good working relationships WTth the councillor5 and officer5 of Torbay Council. Part of our area falls under
the Constiluency of South Devon MP. Caroline Voaden. and we have contact with her too. We actively provide
them all with upto4late Info￿atiOn alx)ut the issues facing residents in the Torbay aTC
On 1st April 2024 we Iwl 27 vohmteer staff (including 4 Trustees) and on 3]￿ March 2025 we had 33
(including the board of 5 TThLStees plus one en]ployee I volunteer repre5eDtative). On date of WTiting this report
(July 25) we St￿ have 33 (includmg 5 Trustees pl￿$ one employee I volunteer Tq)reseDtative). with trnning of
additional volunieer5 taking place in September 2025.
As I reported lasl year, our Advice Services Manager emph&sises that our volunteers are our strength and every
one of them has something to offer to the service. Due io the bigb demand for our service both face to face and
by phone, and to ensure we are reaching out into our C￿mmUnity. we v4ill always need more volunteers.
However, the faci that we are continuing to grow in number is a testament to their dedication and conunitmenL
and to the support they receive from all the Team including the Training staff and supervisors. I and other
Trust¢¢s have had the pleasure of sitting on severa] inlerview panels and seeing advisors in training and at worL
and we attth to thc quality azNI rnotivatiOD of the people wc recruit and employ.
We do make a difference.
Gcoff Buck
f/7/
2f)2
Page 2

Torbay Citlzens Advice Burea
Trustees, Report
Trusteu And office
The In￿te¢S and officeTS serving 4kniDg the year and since the year end were as follows:
Tn￿ces.
GRBuck
J R Lowes
E J King Resi8n&l 26 July 2024
J A Kcllct Ap￿inted 27 June 2024
S J M(￿gall Resigned 30 May 2024
C Jewell App)inted 22 July 2024
P GI1￿￿ A￿￿10ted 13 Febnwy 2025
The Tn￿tees. WI￿ are dire¢tm for company law PU￿ present their annual rqKirt together with the
unaudited anDual accounts for the penod endirAg 31 March 2025 vknich comply with current ststutory
¥equirements, the clwity's governing documents and prepared in accordance with Accounting and R¢porting by
Charitics.. Statement of Recommended Practice applicable t() chaTities preparing their accounts in a¢¢ordancc
with the Financial Reporting Standard applicable in the UK and Rq)ublic of Ireland (FRS 102) (effective I
January 2015) - (CbaTitie5 SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) aDd the Companies Act 21Y)6.
The charity w&8 iD￿ted OD 29 January 1993 aThl is a c4)rnpw limited by guarantee, having no s]we
apitsl.
ObJe¢tlve$
The clwity's objects art to pron￿le any clwitable purtK)se for the public i￿nefit by the advancenwit of
educatio￿ the protection and preservation of health and the relj'ef of FX)VCrty, sickness and distress in particular.
but without iimitatiofy for the benefit of th¢ coinm• in ToTbay and SUTrouthg areas.
Page 3

Torbay Cltlzens Advlee Bureallx
Trustee5' Report
O membus of the c(#1￿ty c
confidential and wnpartial advice to
resp)n￿l￿11t￿eS waluiry diversity.
FKomoting equality WKI thalleryirwj
(kncriminat￿L
Strategk Alm5
Reduced social aNI fuwKial
dewivation
B. Impr￿1 mental health and
wellbeing for the community
C More equitsble and cohesive sc
D. Stroryer and more resilient
community fegaidless of any bar
urnknstJ￿1ln9 of the complex needs
of wr clients
Design (xw services so that ￿e
more rellective of relevant to tt
D. CampaDgn for chaThJe at a and
nalional I￿1
contribute ￿ the airns and objectives have seL
Pa8c 4

Torbay Cltlzens Advlee Bureaux
Trustees, Report
How o•r •dlvl¢les dellver pblk be•elh
clients would have ￿>Whe1c to go and to help them wrth their w(i>lem& In line with other resort
ecoDomie4 Tortmy has llx)re than many areas of the county, bein8 & 48th llK￿ deprived ILUI
authon'ty in En8laThl.
All our charitable ¥tTvih¢S on the pmvision of fret &fvice to the g¢Tnal tthli¢ on a Tange of i
including welfare benefits atMI tsx Credi￿ dth atMI housiDg aThl etnpl0￿( family i&sues aTrl
For every £ I Invesred In our ser¥qce in 2024125, we generared".
£3.76
£25.62
£19.32
in savings to
government and
public services
(fiscal benefits)
Totsl: £853.9n
in wider
economic and
social benefits
Ipublic value)
Total: £5,820,189
in financial value to
the people we help
(specific outcomes
10 individuals)
Totsl: £4,388,784
It's impossible to put a financial value on everything we do- but where we can. W￿ haN*.
We've used a Treasury-approved model to do this.
From our robusl management information. We￿ also separatety conS￿ered the financial
benefits to the people we help.
A clicnt will be giv￿ as tinr as be or she Ixtt it is Tec{wi￿ th* this may n(* bc
Tr q￿lty of serviLYs offeffd to clients nw# renmiti high
of the service. eld￿ stnthly or f￿a￿la1]Y

Torbay Cltlzens Advlce Bureaux
Trustees, Report
Overall we helped 3,030 people and dealt with
10,795 different issues.
77%
87%
said their problem was
solved following advice
said we helped them
find a way forward
85%
would recommend the
service
Life is complicated. Sometimes people encounter challenges and
problems that they don't know how to deal with, and they need help to
overcome.
9 in 10ofour
clients said their
problem affected
their lives, includin
causing anxiety an
financial difficulty
2in3
say they had difficulty
knowing who to
contatt or how
systems work before
advice
4in5
experienced a shock
or life event before
their problem
Pa￿6

Torbay Citizens Advice Bureaux
Trustees. Report
Govern*nee
The charity is Mallag￿ by its Trustee Board. The tncmbcT5 aTC cbarity tnjstecs wb) have a legal responsibility
for the general control and management of the charity, including financial management and control. All trustees
ve their time voluntsrily al￿ receive no benefits from the clwity.
The Trustcc B0￿d is Tesponsible for awing that the charity Complies with the Citi7m Advice Membcz5hip
Sthemc, Charity legislatioffj and relevant company law.
New trustees are assigned a mentor, and are provided with an induction pacK an initial induction progrdmm<
and on-going training and support as requirai This includes the Opporti￿lty to observe the work of the cllarity
and briefings at Board meetings on 8T￿ of the clwitys worL Furthemiore, CitizerL8 Advice provides &
progrdtnme of tnL8tre trainin8 for new and existing tr￿ttes.
Managemenl
Under a parttiersbip with CitizcDs Advice Exetcr we 5h•Te a leadcT51up t¢auL Therefore. the day to day
of the cbarity dunng the y¢JT w&8 delegated to the leadeTsbip teary ¢onsisting:
Su72Dne Julyan . ￿lef Executive Office (sbared with Exeter)
Lyndsay Jarnwi - Assistant Chief Executive Officer (shared v4ith Exeter)
Jackie Ekers - Advice Services Manager
Adminiytration
Administration within thc charity is 5UPWlrtcd by a dedicated team of adMI￿ve volunteers who unde￿¢
tasks such as opening p)sL filing, dats input and pholocopying. We pay tribute to our admI￿tive volunteers
for their ¢ootinued supw)rt and dedication to our work during these challengin8 lin￿s.
Who used and ben¢fit¢d from our *rvlees.
The clwity continues to offer tclcphonc and digital advi¢e a￿] infoTmalion servi￿8. Some clients aTe seen on a
face to face basis by app)intmcnt. Dunng the l&%t yw. we continued ts) work with national Citizen5 Advice to
deliver the freephone AdYicc]inc seTVi¢e.
Without the contribution of voluntea4 our generalist advice and infor[n￿l0￿ service would not run. During the
year. they have given in the region of 7,027 houTS of time through regular Volunteeri￿ or equivalent to 3.6
full-time equivalent staff members. or some £239.019 in value. The Board wish to thank the many volunteers
wbo ensured the CODtinued operntion of the charity by donating their time and experience during these
challenging lirncs.
Clieni Profile
Of the clients who used the services of the clwity during the year, 4]•/• were under 65 years of age, 560/0 were
female, 72 /0 wcrc wbitc Britisty aDd 67'A were disabled or living with a long-tern) health conditio
Adwce Needf
During the year. the clwity assisted 2.506 Clients diTe¢tly with their advice needs. involving 10,744 individual
issues.
Pagc 7

Torbay Cltlzens Advlce Bureaux
Trustees. Report
The demand on our advic¢ s¢rvices, by issue, w&8 as follows:
Beneffts &
tax cre
2713
1892
2355
3915
3576
16519
Univers•l
2737
1991
1431
575
9349
Charitable
Support &
Food Banks
Consumer
good5 &
seths
Debt
244
628
252
2316
1720
13
1720
19
1079
19
370
1175
14
245
1260
23
1283
24
8237
112
EM￿￿oyMe
Financia
services &
capabilty
GVA & Hate
Cfime
Hea#h &
cornn￿nIY
cate
Houslng
772
732
381
400
196
190
179
120
1207
16
23
26
47
218
128
160
118
102
146
1073
816
1005
932
1125
1376
152
6237
& asyknn
Legal
122
108
374
162
281
145
163
457
197
306
419
71
609
1740
s & famly
Tax
645
409
300
279
465
2707
103
70
Travel &
transport
Utililies &
245
147
697
742
605
1870
2029
1849
Grand Total
11915
9930
11678
10796
782l2
Page 8

Torbay Citizens Advice Bureaux
Trustees. Report
As can be seen from the figures above. thc chaTity continua to put llM)st of its resou￿ loward5 welfare
benefits aDd dcbi is5ucs. with th¢se catering for n￿re than half of our current client issues. Given thc Y￿ertaIn
economic clinutr for many of our ¢lients &8 we Iiavigate the ongoing costaof-living Crisis. we expect to see
continuing high levels of ll￿ney and debi enquiries &$ ho￿hold finances ren￿ill challenging for OUT clients.
including those who now have a negative budget.
We already identify clients wb) can usc other Dational frtt dcbt providcT5 as the volume of cnquiTies is not
manageable within resources. However. that does m&qn that the charity trnds to retsin the most vu]neTable
clients or those with high support Deeds. Last year. we identified additionaj income gains for our clieDts
exceeding £1.9rn. We werc successful ID writing off £65222 Worth of dcbt for our clients.
We pay tribute to our volunteers for their continued 5UPPM)rt and CXPeTtisc during the Current C05t of living crisis.
Digital
During the year, thc charity assisted ￿ltiOnal clients by Swting through its website. CuTrently. we are
not able to track tbe number of visltot5 to thc websitr. but a new website 15 SOOD to bc lauDcbc& which will
enable us to do this into the future. We have bad 481 'X' imF)rcssions, l DCW follower and a totsl number of 285
followers. OD Faccbool we bavc bad 322 page visits and a totsl number of 1157 followers.
Research and CampaigpLf
Our work is not just aEthit advice and inforn]atioo services. We work bard to campaign for change5 in policies
and practices that affect large sections of the populatio￿ based OD the experiences of our clients.
We also deliver prcvcntstivc mcasurc& including Gambling Harm and S¢ams AwareDess. to ensure thai people
bave skills and confidence. We offer friendly and infornd Sessions designed to help everyone. no matter what
their levcl of money knowledge or capability. Our trnitied staff and volunteers are able to cut througb the jargon
and pass OD valuable tips which Can really make a (liffer¢n¢e to people's lives.
We pay tribute to our research and campaigns, and training vohmteers for their continued support and expertise
during the challenges of the last year.
Strategy
Cost of Llvlng Crljis
We will wotk with our clients. l(Kal parthcTS and national Citizens A(fvicc to cnsurc that our services D]e¢t the
cballenges and unc¢￿tieS aod that our ¢viden¢e is ￿ed to develop Government p)li¢y to support those
affected by the Cost of living.
increased complexity of the i&8ues that clients presenL Althougb the health emergency of Covid has diminishe
the financial and emplo￿1 related issues wiu last for many llK)nths after￿. This cross-cuthng theme is
embedded acTOSS the followin8 strategic objectives:
Page 9

Torbay Cltlzens Advl¢e Bureaux
Trnstees, Report
Priofities 2024-2
202b. to gwde the deve]y￿1 over the years-
The ¢haTity has benefi*d fn)m grants aThl fimding from Torbay C(MmciL aThl wbicb has enabled the
In athliti0￿ thc chaTity ha5 again ￿￿%&$fi￿Y thliv¢yed ts folknwing ryojects aThl Services in rathlition to the
National LA￿ery Awards for All: FurMtin8 to enable two &(PiQS Fer to with training aThl
Su￿r¥1s1On c4xsts
Yorkshlre Bulldlng Sttlety Project Fwxlmg thriwjgh a Dali0￿ Ciii7Hs Advi(t pn)ject to provide kn to
M*tnallan C*xer SMppDrt DtV(••-wide Projttt: FuThling ￿ a 1xili￿1¢ wrlfare benefits. ¢mployn
Page io

Torbay Citizens Advice Bureaux
Trnstees. Report
Headlng for Homeleunem? Here's Help to Flnd * Way Forw*rd Prnjeet: Funding from the Nationwide
Con]mwty FuDd to 5UPPOrt those at risk of IM)mclessne5s by giving advice and info￿tiOn
The charity is Tcquired to cLsure that free monies are available in each fitwi¢ial year to Tncct any reasonable
foTes¢¢able coniingcncy. Th¢ charity maititaiL8 a projection of income for at least thr¢¢ y¢4rs ahead and airy￿ to
ensure that this continues to be derived from as wide a variety of sources &8 possible. The Tr￿teeS will tske all
necessary steps and use their besl endeavours to eDsure thai at no tinK within this peri(Ml would it be possible for
the cessation of one or more fillMthDg Str￿ to present so serious a challenge to the fvture of the orgatiisation
that it could not be managed so as to continue to provide a best value advice service.
In reviewing the potenti￿ costs that could arise, should a signifi¢arf reduction in it1￿C be incurred and givcD
the prevailing economic climate within ToTbay, the Tn￿tee$ bave determined that 'free" reserves should be
rnain￿ed equal to at least six month norn)al operatin8 expenditure. In additioo 4$ part of an agreed
development Pla￿ th¢ ch￿lty bad recognised the need to move to new. fi￿Y a￿SIble Premi￿. Although the
Trustre Board low¢r¢d the priority of this objective. it is rec0gll￿ed that in future FA)me res¢rV￿ ne
to be allocated for this purp)se.
In addition, the charity will continue to deSi￿te fiwds to ensure that our ]T sY￿an9 are n]aintained at a
sufficient level to ensure the continued delivery of a quality advice service.
TnL8tees will consider the designation of further reserves where these support the long-terni strategy of the
¢P￿rIty. includmg we for filllthising activities or volunteer recruitment and tratning.
Riik managemenl
The TnL8tee Board is responsible for the effective nwement of risk and for makjng sure that internal controls
are in place and operdting as designed. As part of our on.going risk aS￿sMell1 prc(ess, our risk management
strategy and policies are revi¢w¢d and a￿Ced by the Board qilartcr. W¢ op¢rdtr a robust systwn of inteTnal
financial controls which is fidly eompliant with Charity Commission guidance and good practice.
UK General Data Proiertton Regulatio￿¥
A5 part of its rc5P)Dsibilities. the Main Board continues to ensure that th¢ clwity complics with the UK GcDcral
Data Protection Regulations and that the confidentiality, integrity and availability of all our data &8sets is
maintsined to a level wbicb is co￿￿]stent with the requirements of the UK General Data Protection Regulations.

Torbay Citizens Advice Burea
Trustees. Report
Future plan8
The tr￿e Ix)ard is convinced that the work that the charity does, and the services it provides, are crucial
elements in ettsuring that those n￿st in need are supported in accessing their rigbts. Without the chaTity, nwby
clients would have nowhere to go and no￿ne to help them with their problems.
Coll*lKbr*tlon: We will continue to collaborate more widely with other local Citizens Advice offices in Devon
througb Citizens Advice Devo￿ aDd thrnugb our partnership with CitiZw￿ Advice Exeter and with other local
advice agencies to benefit from contracting arrangements in the future ar￿ to provide a client focused service to
the residents of To￿aY.
Dlglt*l se￿Ice$lAttejllblHty. We will promote our on-line and telephone helpline services as our p￿ferred
methods for first contact in order to maintain more intcn5ive seryiccs for those clients ID greatest need or with
the n￿st complex situations. We wntinue to ty to $￿Ill an element of trop-in service.
The annual report approved by the trustees of the clwiry on ...... ............ and Signed on its bel)aif by:
G Buck
Trustee
Page 12

Torbay Citizens Advice Burea
ststement of Trustees, Responsibilities
The trwstees (who are also the directors of Torbay Cilizens Advice Bureaux for the PUTposes of company law)
are respoL8ible for preparing the trustees. report and the fmancial statrments in a￿Ordanr2 with applicable law
and United Kingdom Accounling Standards ￿nIted Kingdom G¢n¢rally Awted Accounting Prnctice),
incluthng FRS 102 'The Financial Rcp)rting StsDdard applicable in the UK and Republic of Ireland..
Company law requir￿ the trustees to prepatc financial ststcmeDts for each fiDaDcial year. Under company law
the trustees mwt not approve the fll]anciaJ statrtnents unless they are satisfied that they give a true and fair view
of the state of affairs of the ckwitable company and of the incorri￿ resow¢es and application of resources,
including its income and expenthture, of the clwitablc company for that period. In preparing these fmancial
ststements. the tswtees are required to:
select suitable accoutiti￿ p)li¢ies and apply them CODSiStent]y'
observe the methoth and principles in the Clwitics SORP.
. make judgements and estimates that are reasooable aDd pn￿ell¢
slate whether applicable accounling stsndards. rA)TllpTiSing FRS 102 havc bcen followciL subject to any
material departur￿ disclosed aThl explained in the fllwicial statetncDts' and
prepare the financial slatfflnents on the going concern b&8is unle&8 it is inapproprlate to presume that the
charitable company will continuc in business.
The tsvstees are responsible for keeping proper accounling records that can disclose with reasonable accuracy at
any time the financial rM)gition of the cbaritable company and enable them to C￿Sure that the financial statements
comply with the Companie8 Act 2(M)6. They are also res￿)nsible for safrguardlng the assets of the charitable
LX)mpany and hence for taking re￿nable steps for the preveDtion and detection of fraud and other irre8ularitie5.
The tn￿teeS are responsible for the mainteDaD￿ and integrity of the ci)Twfdte and finaD¢ial information
included on tbe chaTitable ￿￿P¥ll￿$ w¢b5ite. Legislation governing the pr¢paration and dissemiDatson of
financial statements may differ from legislation in other jurisdictions.
Approved by the tTUStecs of the chaTity on .................... signed on its bebalf by.
G Buck
Tn￿tee
P￿t 13

TorbAy Citizens Advice Bureaux
Independent Examiner's Report to the trustees of Torbay Citizens Advice Bureaux ('the
Company,)
T rtport to the charity tswtees on my exaMi￿On of the accounts of the Company for the year ended 31 March
2025.
Responsibllhties and basls of report
As the charity's Inistees of the Company {and also its directors for the pUrp￿S of company law) you are
resp)nsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
('the 2006 Act.).
Having ￿tisfied myself that the accounts of the Company are not required to be audit¢d under Part 16 of the
2006 Act and are eligible for independent examinatio￿ I report in respect of my examination of your charity's
accounts as carried out under section 145 of the Charitie5 Act 2011 ('the 2011 A¢t'). In carrying out my
exaMI￿tion I have followed the Directions given by the Clwity Cotnmission under section 145(5Xb) of the
2011 Act.
Independent examiner'i Jt*tement
I have completed my examinatioL I confirni that no Dutters have come lo my atlention in connection with the
exami￿tion giving me cawe to believe:
l. accounting records were kept in rcspcct of Torbay Citizens Advice Bureaux &8 required by wtion 386
of the 21K)6 A¢L or
2. the accounts do not accord with th08e records: or
3. the accounts do not comply with the accoujfftng Tcquirements of section 396 of the 2(K)6 Act other tha
any requirement that the accounts give a 'true and fair vicW which is not a matler considered as part of an
independent exall1jnatio￿ or
4. the accounts have not been prepared in ac¢ordance with the method8 and principles of the Statement of
Recommended Practice for accounting and reporting by charitie5 applicable to clwities preparing their
accounts in acc0ftlan￿ with the Financial ReFK)rting Standard applicable ID the UK and Republic of
Ireland IFRS 102).
I have Do concerns and have corne across no other m*teTS in rA)nnection with the eL9ml￿on to which attention
should be drawn in this tep)rt in order to cDablc a propcr understsndmg of the accounts to be reached.
Dave Tucker ACA FCCA
Thompson JeDner LLP
Clwtered Accountants
I Colleton Crescenl
Exeter
Devon
EX2 4DG
8loql?¢nS
Page 14

Torbay Cltlzen$ Advlte Bureaux
Statsment of Financial Activities for the Year Ended 31 March 2025
UDcluding Income and Expenditure Account and Statement of Total Recognlsed Galns
and Losses)
Unrestrl¢ted
funds
Restrl¢ted
funds
Tot*1
2025
Note
In¢om¢ and EDdowments from:
Donations and Icgacics
Charitable adivities
InveslmeDt iticome
76.872
76.872
152.058
7.774
152.058
7.774
Total income
84,646
152,058
236,704
Expendlture on:
Charitable activities
(163.045
152.058
315.103
Totsl exFnditure
(163.045
152.058
315.103
Net expenditure
(78.399
78.399
Net movement in funds
(78.399)
(78,399)
Re¢onelll#tlon of fvnds
Total funth brougbt foTward
388,735
388,735
Total fimds caTricd forward
18
310.336
310.336
Durlng the year, the Charity utilised broughi forward specific desigDated fimds to cover budgeted expenditure
incurred as part of the continued delivery of Charitable objKtivcs.
The notes on pages 18 to 31 forn) an integral part of these financial statern￿ts.
Page 15

Torbay Citizens Advice Bureaux
Statement of Financial Activities for the Year Ended 31 March 2024
neludfing Income and Expendlture Account And Statement of Total RecogDised Gains
and Losses)
UnT¢strlcted
funds
Restrlcted
Total
2024
Nots
Income and EndowmeDts from:
DonatioL8 and le8acies
Charitable activities
Investsnent income
78,709
78.709
205.662
4.756
205.662
4.756
Total income
83.465
205.662
289.127
Eipendltsre on:
CE￿Itable activiti&8
101.938
213.617
315.555
Totsl expeDditurc
101.938
213.617
{315.555
Net expenditure
(18.473)
8,100
(7,955)
8.1(K)
(26.428)
Net rnovement iti funds
(26.573)
145
(26,428)
Reconclllition of funds
Totsl funds brought forward
415.308
145
415,163
Total funds caTried forward
18
388.735
388,735
AU of the clkarity's activities derive from conlinuing operdtions during the above two periods.
The funds breakdown for 2024 is shown in note 18.
Thc notcs on pages 18 to 31 form an part of these financial statem￿ts.
Page 16

Torbay Citizens Advice Bureaux
IRegistration number: 2785039)
Balance Sheet as Ydt 31 March 2025
2025
2024
Note
Current assets
Debtors
Investments
Cash at bank and in hand
13
14
15
6.8(Xl
89,752
302,925
10,114
88,583
386.064
399.477
484.761
Credltors: Amounts falllng dut wltbln one year
16
89.141
96.026
Net 4sset8
310.336
388.735
Funds of the ¢hartty:
Unregtricted incon* funds
Unrestricted funds
310.336
388.735
Total funds
18
310.336
388.735
For the flnanci￿ yw cnding 31 March 2025 the charity vrds entitled to exen)ption from audit under section 477
of the Companies Act 2006 reknting to small companies.
Dire¢tors' responsibilities:
The rnembcTS bav¢ Dot required the charity to obtsin an audit of its accounts for the year in question in
accordance with section 476. and
The directors acknowledge their rwonsibilities for comptying with the requirnents of the Act with respect
to accounting recor¢ls and the preparntion of accounts.
The financial stat¢m¢nts on pages 15 to 31 were approved by the tn￿te¢s, and authori8ed for issue OD
.. and signed on their bebalf by:
G Buck
Tn￿tee
The notes on pages 18 to 31 form on inte￿1 part of thcse financial statellThts.
Page 17

Torb#y Citizens Advice Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
I Charlty st*lMs
The CTr￿1ty is limited by guardntee. inc0￿rated in England & W￿¢$, and consewtly does Dot have share
capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity
in the event of liquidation.
The address ofits re￿ office is:
29 Palace Avenue
Paignton
Devon
TQ3 3EQ
2 Accounting policie4
SuDllDary of significaDt accounting policies •Dd key •ccountiDg estin￿leS
The principal accounting policies applied in the preparntion of thes¢ financial ststcments arc sel out below.
These policies have been consistently applied to all the years presented, unl￿8 otherwise stated.
St*ienwnt of compllAnc¢
The fmancial statements have been prepared in accordance with Accounting atKI RepoTting by Charities:
Ststement of Recommended Practice (applicable to clwities preparing th¢iT a¢¢ounts ID accordance with the
Financial Rqjoning Standard appIl￿ble in the UK and Republic of Ireland (FRS 102)) (issued in October 2019)
- (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) aDd thc Cowics Act 2(K)6.
BASIS of preparAIIoD
Torbay Citizens Advice Bureaux rnccts the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at bistorieal cost or ITaDsa¢tion value unless otherwise stated in the relevant
a¢¢ounting policy notes.
Golng ¢on¢ern
The tn￿lee$ consider that thett aff DO tDaterial UDcertaiDtie5 about the cbantys ability to continue as a going
concern Dor any signifi￿t areas of uncertainty that affect the cwing value of assets held by the charity.
In¢ome eDdOwD￿￿ts
All incorne is rewgnised on¢¢ the charity has entitlement to the income, it is probable that the income will be
received and the all￿￿nt of the income receivable can be measured reliably.
Donaitrons ond le84cie5
I>onations are recognised when the charity has been notified in wrikng of both the amount and 8ettlem¢nt dat¢.
In the event that a donation is subject to conditions that require a level of wfornwAce by the cllarity before the
charity is entitled to the fimds, the income is deferred and not recognised until eith¢r those conditions are fully
mel or the fillfilment of those conditions is wbolly within the control of the charity and it is probable thai these
onditions will bc fulfilled in the reporting period.
Page 18

Torbay Citizens Advlee Bureaux
Notes to the Financial StatemeDts for the Year Ended 31 March 2025
Grants receiwble
Grants are recognised when the charity h&$ an entitlement to the funds and any conditions linked to the grants
have been met. Where ￿[OrManCe conditions are attached to the grant and are yet to be me¢ the income is
recognised as a liability and included on the balanc¢ sheet deferred income to be rele&s
Deferred income
Defe￿ed income represents aniounts received for future pcriods and is released to incomin8 ￿$oUrCeS in the
period for Whic￿ it has been received. Such income is only (kfetred when:
. The donor specifies that the w or donation must only be used in future accounling period5" or
- The donor h&8 imposed conth'tions which be met before the charity h&8 unconditional entitlemenL
Expendlthr¢
All expenditure is recognised onc¢ there is a legal or constructive obligation to that exwditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicabl¢
expenditute heading that aggregate similar costs to that category. Where costs cal￿0t be directly attributed to
particular headings they have been allocated on a basis ¢onsistent with the use of resources. with central staff
costs allocated on the basis of time spenL and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Cbaritsble expenditure comprises th05e costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be ￿loCated directly to such activities and those costs of an
indirect nature necessary to support them.
Support tosts
Support costs iDchMk central fun¢tioDS and have been allocated to activity cost categories on a basis consistent
with the use of re50ur¢es. for example. all(Kating propety costs by floor ateas, or per capit4 staff costs by the
time spent and otheT costs by their usag¢.
Governance ¢￿ts
These include the ￿$t attributable to the cljaritys comph'aDce with con5titutiODal and ststutory requirements.
including audit. strdtegi¢ management and trustee's meetings and reimbursed expenscs.
Government Erants
Government grants are recognised based on the nK)d¢l and are measured at the fair value of the asset
received or recetvable. Grants are classified as relating either to revenue or to &8sets. Grants relatin8 to revenue
aTC r￿o￿l$ed in income over the period in which the related costs aTe Tecognised. Gr4nts relating to assets aTe
recogni5ed over the expected useful life of the 8sseL Where part of a gTant relating to an assct is deferr￿ it is
reco8nised &s deferred income.
Taiation
The ehariry is considered to pass the *sts sd oul in Paragrnph I Schethde 6 of the Fitia￿e Act 2010 and
therefore it meets the definition of a clwitable company for UK corporation pUry￿seS. Accordingly. the
harity is potentially exempt from taxation in respecl of income or capital gains received withiD Utegori¢s
covered by Chapter 3 Part I l of the Corp)ration Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied excI￿]Vely to clwitable Purposes.
Pa8e 19

Torbay Citlzens Advlce Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
Tanglble fixed assets
Indiv1th￿l fixed assets ¢05ting £l.CrfX) or more are initially recorded at cosL less any subsewt accumulated
depreciation and subsequent accumulated impainnent losses.
Depreclatlon and *mortlsxtloD
Asset class
D¢pre¢lAilon n￿•d and r*te
159/0 reducing balance. 33.330/0 stiaigbt
Fixtures and fittings
Cnrrtnt asset Investments
Current &8set investsnents are included at the lower of Cl￿ and net realisable value l value.
Trade debtors
Tradc debtors atc amounts due from cust0ll￿ for sold or services wforn]ed in the ordinary
course of business.
Trade debtOTS are recwised initially at the tTansaction price. They &e subsequently rneasurcd at amortised cost
qing the effective interest metho4 less proviSlOD for itDpairrnenL A provision for the impairnjent of trade
debtors is established when there is objective evidence that the chaTity v4iil not bc able to collect all amounts due
according to the original terms of the receivables.
Cash xnd ¢xsb equivxltnts
Cash and equivalents conwise cash on band and call deposits. aod other short.terni highly liquid
investments that are readily o)nvertible to a known amount of cash and are subject to an insigllificant risk of
clwige in value.
Trade ¢redltors
Trade creditor8 are obligatiOD8 to pay for goo(ts or service5 that havc been a¢qU￿ed in the ordinary course of
business from suppliers. Accounts payable are eI￿lfied &$ Current liabilities rf th¢ charity does not have an
unconditional rigbL at the end of the rep)rtAng perio¢ to defer settlement of the creditor for at least twelve
months after the reporting dale. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date, they are presentrd as non-curreni liabilities.
Trade creditors are recogDised initially at the tra￿SaCtiOn price and subsequently me&sureAI at amortised cost
using the effective interest method.
Fund struethr¢
Unrcstricted income fimds arc general funds that arc available for usc at the trustees discretion in filrtherdnce of
the objectives of the clwity.
DeSig[￿ted funds are unrestricted fi￿dS sd aside for specific Purp￿ at the discretion of the tr￿glees.
Page 20

Torbay Cltizens Advice Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
Penslonj and other post retlrement obllgadobs
The charity operates a defined contribution pension scbeme which is a pension plan UDder which fixed
contributions are paid into a pension fund and the charity Iw no legal or coD5tructive obligation to pay further
ODtributions even if the fimd does not hold sufficient &￿ts to pay all employees the benefits relating to
employee service in the cutretrt and prior puiiNJs.
ContributioD8 to defined contribution plans are rwnised in the Sta*ment of Financial Activities when they are
th￿. If contribution payments exceed the contribution duc for service, the excess 15 tecognised as a prq)aymeot.
3 Ineome from donadon$ xlld legad
Unrestrlcted
fuDds
Gener
Total
2025
Totsl
2024
Donations and legacies.
Donations from individuals
Grants. iti¢luding capRtal grants.
481
76.128
260
76.128
260
76,128
2.1(K)
Grants from other rljarities
76,872
76.872
78,709
Pagc 21

Torbay Citizens Advice Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
4 Income from ehlrltable *ctfvities
Restricted
Dds
Total
2025
Total
2024
Athilt Social Care Precept
Citizens Advice COL Grant
EOP
Energy Advice Pr0￿￿M￿BDX
H&W Network co￿rdinatOr
Empower
HSF4
Lottery Awanjs for All Grant
Lott￿ COL Grant
Nationwide
Nornjan Family Trust
10.500
15,Crf)O
3.51M)
14.400
4.769
1,715
28,375
9,684
52.646
28,375
9,918
28,375
9,918
30.(KK)
30,14X)
10.809
45,(M)6
1,5(Ki
12.(KM)
10.809
45.006
1.5(K)
12.1)iK)
Macmillan
43.185
The Gibbons TnL8t
Torbay Council - Housing Advocatr
One Devon
12,000
2,800
7.088
YBS Project
9.450
9.450
152.058
152.058
205,662
5 Investment incoD
Unrestrirted
Total
2025
Total
2024
General
Bank interest receivable
7,774
7,774
4.756
Page 22

Torbay Cltlzens Advlce Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
6 Expendlture on charltable actmtles by fund type
Unrestrl¢t¢d Fllttds
Designated
GeDer*l
Restrl¢led
Fun
Totsl
2025
Cbaritable activilies
Support costs
134,305
27,622
148.455
3,603
283.878
31225
161,927
152.058
315.103
Unrestrltted Funds
G¢ner*l
Restrlcted
Fun
Total
2024
ChaTitable activitics
Supwt costs
4.666
68.478
28.794
204,909
8.708
278,053
37,502
4.666
97272
213.617
315,555
Unrestrirted funds
Designated
General
Restricted
fund•
Total
2025
Citizens Advice Torridge, Nort
Mid and West Devon in partnership
with Macmillan
Core Service Fund
Designated Premises
45.IK)6
45,(M)6
161,927
l.Il8
28,375
9,918
30,IXK)
161.927
1,118
HSF4
tA)ttery Awants for All GTant
Nationwide
Nornian Family Tn
Seetec
The Gibbons Tn]st
Torbay COW￿11 - Housing
Advocate
YBS Project
28.375
9.918
30.0(K)
10.809
1,51J)
10.809
1.5(K)
12.0(K)
9.450
12.IKK)
9.450
161,927
152,058
315.103
Page 23

Torbay Citizens Advice Bureaux
Notes to the Financial StatemeDts for the Year Ended 31 March 2025
Unrestricted ￿ndS
Deslgnated
General
Restrirted
Dds
Totsl
2024
Adult Social Care Project
Citizens Advice COL Grant
Citiz¢n5 A(fvice ToTTidg¢. Nort
Mid and West Devon in partnership
with Macrnillan
Core Seryice Fund
Designated IT
Designated Premises
Designaied Projecl Impaci Fund
Desi￿1￿ Rccovery fimd
ETnpower
10.500
15.0(Kl
10.500
15.(N)O
43,185
43,185
97272
806
2,130
1.210
520
1.715
22.500
3,500
4,624
28,375
9.684
52,646
2,800
97272
806
2,130
1210
520
1.715
22.51x1
3.5
4.624
28.375
9.684
52.646
2.81KI
Energy Outreach Project
H & W Netwo￿ Coworditiator
HSF4
Lottery Awards for All Grant
Lottery Cost of Living Grani
One Devon
Torbay Council - Housing
Advocate
YBS Projert
12.(KKI
7.088
12.000
7,088
97,272
213,617
315.555
In addition to the expenditure analysed abovc. there ar¢ also goveTDance costs of £3,738 (2024 - £2,880) which
relate directly to charitable activities. See note 7 for fill1her details.
7 An*ty5is of goVern￿Ce and support Costs
Governance costs
Unrestricted
funds
General
Totsl
2025
Total
2024
Independent examiner fees
ExaMi￿tion of the financial stsiemeDts
3.738
3,738
2,880
3.738
3.738
2.880
Pag¢ 24

Torbay Citizens Advice Burea
Notes to the Financial Statements for the Year Ended 31 March 2025
Net IncomlnWoutgolDg rewurees
Net outgoing resourn for the year include:
2025
2024
Loss on disposal of fixed assets beld for the clwity's own use
1.481
9 TrnIt￿ remunerntlon and expeDseJ
No trustees, nor any persons connecled with have received any remuneration from the charity during the
year.
Two trl￿ weTC rcimbur5ed a totsl of thil {2024.. £192) in Tel￿10￿ lo reclaimed travel and trnining expenses
during the year.
No trustees bavc rcceived any other b¢Dcfits fri)m the cbarity during the year.
10 Staff ¢0
The aggregate payroll costs were as follows:
2025
2024
Stsff costs dllrlng the ye*r were:
Wages and salaries
Social Security costs
Pension costs
199222
13,754
6.747
193,377
13.940
6.872
219.723
214.189
The monthty averdge number of perso￿ (including senior ttmtwent / leader51up team) employed by the
cFthrity the year was &$ follows:
2025
.No
2024
No
Clwitable activities
13
13
10 (2024- 8) of the above employees participated in the Ikfined Contribution PeL8ion Schemes.
No employee received emoluments of more than £60,IXM) during the year.
The total employee benefits of the key manwent wsouttl of the cbaTity wcre £31.476 {2024- £31,856).
I I Independent examiner's remuneration
2025
2024
ExaMI￿tion of the financial statements
3.738
2.880
Page 25

Torbay Citizens Advice Bureaux
l%otes to the Financial Statements for the Year EDded 31 March 2025
12 T*xadon
The clwity is a registered clwity and is therefoTC exem￿ frorn tsxation.
13 Debtors
2025
2024
Trade debtors
Prepayments and accrued income
6.031
769
8,144
1,970
6,8
10.114
14 Current #Met inve5tD*nts
2025
2024
Fixed tem bonds
89,752
88.583
15 Cash 4nd ush equfvalents
2025
2024
Cash on hand
C&sh at bank
302,865
385.980
302.925
386,064
16 Credltors: amounts fxllfing due wlthln one year
2025
2024
Trade creditOTS
Other laxation and social security
Otber creth'tors
Accruals
Deferred income
12.824
3.138
15,680
2268
3,112
14288
2.760
73,598
53.899
89,141
96,026
2025
2024
Deferred income at l April 2024
Resources deferred in the period
Amounts released from previous peri(Mts
73.598
23.889
43.598
47.770
73.598
47,770
Deferred income at year end
53.889
73.598
P88e 26

Torbay Citizen$ Advfice Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
17 Penslon and other s¢hem
Defined contribution peu$lon stheme
The clwity operates a defined contribution pension scheme. The pension cost charge for the year repres¢nts
¢ODtributions payable by the cbatity to the scheme and amounted to £6.747 (2024 - £6.872}.
18 Fund$
BgJ*nce xt
31 M*rch
2025
B*laDce at I
April 2024
Incomln2
resources
Resources
eipended
Transfers
Unrestrlcted funds
Gefver41
ur￿¢strIcted funds
311,144
(161.927)
(3.442)
230,421
Designatsd
Premises Expen
rr Systems fund
Sickness cover
Project Closure Imp*t Fund
io,(
13.(KK)
8.450
2,049
44,092
(1,118)
1,118
io,(KJo
13.IXX)
8,580
2,049
46286
130
2.194
77.591
3.442
79.9l5
Tot￿ UDrntricted funds
388,735
163.045
310,336
Restrtcted funds
Macmillan
HSF4
Lottery Award8 for All
Grdnt
Nationwi(k
Nomwi Family Trust
Seetec
Torbay Council - Housing
Advoca
The GibiK)ns Tntst
YBS Project
45.(KJ6
28.375
(45.(K)6)
(28,375)
9,918
30.0(K)
(9.918)
(30.000)
(5,Crf)O)
(10.809)
10.809
12.iKX)
1.5(K)
(12.000)
(1.500)
9.450
Total rertrlcted funds
152.058
(152,058)
TotAI funds
388.735
236.704
315,103
310.336
Page 27

Torbay Citizens Advice Bureaux
Notes to the Financial Statements for tbe Year Ended 31 March 2025
Balance it
31 March
2024
Bxlanet at I
Aprll 2023
Resources
expended
resources
Tran$fer8
Unrestricted ￿ndS
Genernl
Unrestricted fund8
186.417
83.465
{97,272)
138.534
311.144
Designated
Premises Expenscs
IT Systems fund
Core Service Fund
Sicknes5 cover
Project Closure Impact Fund
Rcdundancy fimd
i 00,Th
13.(XX)
70.785
8.450
3259
33.397
(2.130)
(806)
(87,870)
806
(70.785)
lo.￿)0
13,(K)O
8.450
2,049
44.092
{1210}
(520
11.215
228,891
(146,634
77.591
Total unrestrlcted funds
415,308
101.938
83.465 388.735
8.100
Restrl¢t¢d
Adult Social Care Precept
Hcalth and Wellbeing
10,5(K)
(10,5fX))
(145)
4.769
52,646
<4,624)
(52,646)
Lottery COL Grant
Energy Advice
ProgrammeiEBDx
Citizens Advice COL Grant
Empower
EOP
14,4
15.(K)O
1.715
3,500
43.185
28.375
{22,5(K))
(15,(KK))
(1,715)
(3.5(Kl)
{43,185)
(28.375)
8.IIK)
HSF4
Lottery Awarts for All
9,684
(9,684)
Torbay Couticil - Housin8
Advocate
One Devon
YBS Project
12,(KK)
2,800
(12,(M)O)
(2.800)
7.088
Tot41 rejtricted ￿lld5
145
205.662
213.617
8.100
Total fi￿d•
415.163
289,127
315,555
388.735
Page 28

Torbay Citlzens Advlce Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
DeslgDated Funds
PreD￿seS E￿enSeS . The premises expenw fimd h&8 been set aside in order to fuDd the costs associated with
th¢ upkeep of the Current premises.
IT System Fund - The rr system fund h&$ been set &side to ensure that ￿ systems arc znaiDtsined at a sufficient
level to ensure the contAllued delivery of a quality advice ￿1¢¢.
Core Servlce Fund - a fimd to bc used to offset the additional costs of deliveritig our ¢ore generalist service.
Project closure impart fund - FuDd kn mitigate the impact of project closure and contingency planDmg.
ReduDd*ncy Fund . for the PUTpose of transparency and good governan￿. the trustec5 have created a fund to
cover Potential liabilities of the clwity as at l April 2025.
SlekDeJs cover fund - a fund to cover the one-off costs of staff sickne&s cover.
Page 29

Torbay Citizens Advice Bureaux
Notes to the Finaneial Statements for the Year Ended 31 March 2025
Restrlcted Funds
Adult Soclal Care Preeept - A Torbay Council grant to support a range of Con]munity and Voluntary sector
or8ani5ations to assist them in providing activities and services for local people to support tbeir independence,
provide advice and infornution and to deliver help with challenges related to loneliness and isolation. These
grant payments are funded from the Council Tax precept to specifically support Adult Social Care in ToTbay.
This includes workmg with local community organisations to ¢nbaDC¢ SUPPOrtiv¢ neighbourhood and encouT88e
support and innovatio
Empower . A grant from Citizens Advice South Hams to support those in fuel povety.
Energy Advlce Progr*mme - grant funding from CitizeLs Advice to provide advice services to clients at risk of
fi￿1 poverty.
Citizens Advice COL GraDt- for a Volunteer c1￿1￿t0[ role and to rew the itropin.
EOP - Funding to provide Energy Outreach sessions in the community to support people with ￿￿kIllg their
ener8y costs ll￿re affordable.
H¢￿th & Wellbeing c￿OrdInat0r - Torbay Council ASC fimding from the Athdt Social Care (ASC) precept
to employ a Voluntsry Sector Health and Well-being Network Ccpordl￿r.
IAtrttery COL Grant- Funding to PTOVi(k IM)USiDg advice aDd to re-open the dropin.
Cltlzens Ad￿te Tonadg& North, Mid and West Devon in partnershlp wlth M*cmillan CaDcer Support -
Provision of a holistic welfare benefits, emplo￿¢ll( bousing. debi and geneTal advice service for people
affected by cancer.
N*tion*l IA)ttery Award8 for All - Funding for a Specialist Energy Advtser post.
NatioTbwide - Funding from the Nationwide Community Fund to support those at risk of homele￿lesS by
giving advice and infotllJatiOn.
Norman Family Trnst - Funding to eDable two (tropins per week and to SUp￿rt with training and supervisioo
costs.
One Devon - NHS South West cost of living conuDunity fimd granL
Seetec - Funding for a generalist a(fviscr to b¢ bas￿ at Seetcc Plws providing face to fatt a(fvi¢¢ for thos¢
working with an emplowient coach.
The Glbbons Trust - Funding to provide debt advice.
Torbay Council HSF4 - Funding lo ptovidc enepdy and debt advice.
Torbay Councll Houslng Advocate - fimding to assist ID providing adivities aDd ￿r¢S for local people to
SUPPOrt their mdependence. provide a(fvice and infonnation and to deliver help with challenges related to
housing quality. CODsumer rights and health.
YBS project - Funding through a national Citiz¢n5 Advice project to provide face to fac¢ generalist advi¢¢ in
the branch to th0￿ approaching the Yorkshire Building Society.
Page 30

Torbay Citizens Advfice Bureaux
Notes to the Financial Statements for the Year Ended 31 March 2025
19 Anatyslj ofDet assets bettveen funds
Unrestricted
funds
General
Total funds at
31 Mrdrch
2025
Restricted
fuDdJ
345,578
(35.242)
53,899
{53,899)
399,477
89.141
Current liabiliti¢s
Total net assets
310.336
310,336
Unrestrlcted
funds
General
Total funds •t
31 Marth
2024
Restslrttd
funds
411.163
(22.428)
73.598
(73.598
484.761
96.026
Current liabilities
Total net assets
388.735
388,735
20 Related party trw*rtions
Dwing the Ye￿ the clwity mad¢ th¢ following re]ated paTty trJnsactioThg:
Eielrr Ciiixruj AdvA¢¢ Bur¢*
Key management services are provided by Exeter Citizens Advice Bureau.
The value of key rnan￿t services provided during the year total £46.408 (2024: £42.884).
The value of other recbarges inallr￿ during the year totsl £2,426 (2024: £3,346).
At the balance sheet date the auK)unt to Exeter Citi7ffis Advice Bureau vrds £12.041 (2024 . £336).
Pa8e31