| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Notes | funds I |
fundsI | fundsI | fundsI | ||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies | 3 | 2,597 | 2,597 | 2,842 | ||
| Charitable activities |
||||||
| General advice and information | 597,671 | 220,173 | 817844 | 777,185 | ||
| Training and advice projects |
71,201 | 58,980 | 130,181 | 96,600 | ||
| Money advice projects | 454,943 | 454,943 | 388,464 | |||
| Other income | 5 | 2,504 | 2,504 | 20,554 | ||
| Total | 673,973 | 734,096 | 1,408,069 | 1,285,645 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| General advice and information | 479,539 | 205,255 | 684,794 | 712,796 | ||
| Training and advice projects |
66,701 | 45,582 | 112,283 | 99,321 | ||
| Money advice projects | 488,781 | 488,781 | 399,998 | |||
| Total | 546,240 | 739,618 | 1,285,858 | 1,212,115 | ||
| NET INCOME/(EXPENDITURE) | 127,733 | (5,522) | 122,211 | 73,530 | ||
| Other recognised gains/(losses) | ||||||
| Actuarial gains/(losses) on defined |
benefit | |||||
| schemes | 2,265 | 2,265 | (37,925) | |||
| Net movement in funds |
129,998 | (5,522) | 124,476 | 35,605 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 315,776 | 40,081 | 355,857 | 320,252 | ||
| TOTAL FUNDS CARRIED FORWARD | 445,774 | 34,559 | 480,333 | 355,857 |
| Notes | 2022I | 2021 I |
|
|---|---|---|---|
| FIXEDASSETS | |||
| Tangible assets | 13 | 39,627 | 8,567 |
| CURRENT ASSETS | |||
| Debtors | 14 | 33,014 | 75,073 |
| Cash at bank | 803,531 | 725,431 | |
| 836,545 | 800,504 | ||
| CREDITORS | |||
| Amounts falling due within one year |
15 | (302,452) | (350,062) |
| NET CURRENT ASSETS | 534,093 | 450,442 | |
| TOTAL ASSETSLESSCURRENT LIABIlITIES | 573,720 | 459,009 | |
| PENSION LIABILITY | 19 | (93,387) | (103,152) |
| NET ASSETS | 480,333 | 355,857 | |
| FUNDS | 18 | ||
| Unrestricted funds |
445,774 | 315,776 | |
| Restrided funds |
34,559 | 40,'081 | |
| TOTAL FUNDS | 480,333 | 355,857 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Notes | 6 | 6 | ||
| Cash flows from operating | activities | |||
| Cash generated from operations |
1 | 131,756 | 242,400 | |
| Net cash provided by operating |
activities | 131,756 | 242,400 | |
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets | (53,656) | (9,853) | ||
| Net cash used in investing activities |
(53,656) | (9,853) | ||
| Change in cash and cash equivalents |
in | |||
| the reporting period |
78,100 | 232,547 | ||
| Cash and cash equivalents | atthe | |||
| beginning ofthe reporting | period | 725,431 | 492,884 | |
| Cash and cash equivalents | atthe end | of | ||
| the reporbng pertiod |
803,531 | 725,431 |
| RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM | OF NET INCOME TO NET CASH FLOW FROM | OPERATING | ACTIVITIES | |||
|---|---|---|---|---|---|---|---|
| 2022I | 2021 6 |
||||||
| Net income forthe | reporting | period (as per the Statement of | |||||
| Financial Activities) | 122,211 | 73,530 | |||||
| Adjustments for: |
|||||||
| Depreciation charges |
22,596 | 8,182 | |||||
| Decrease/(increase) | in debtors | 42,059 | (6,644) | ||||
| (Decrease)/increase | in creditors | (47,610) | 173,332 | ||||
| Difference between | pension charge and cash contributions | (7,500) | (6,000) | ||||
| Net cash provided | by operations | 131,756 | 242,400 | ||||
| 2. | ANALYSIS OFCHANGES IN | NET FUNDS | |||||
| At | 1/4/21 I |
Cash flow I |
At' 31/3/22 | ||||
| Net cash | |||||||
| Cash at bank | 725,431 | 78,100 | 803,531 | ||||
| 725,431 | 78,100 | 803,531 | |||||
| Total | 725,431 | 78,100 | 803,531 |
| DONATIONS AND LEGACIES |
|||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021I | ||||||
| Donations | 2,597 | 2,842 | |||||
| INCOME FROM CHARITABLE | ACTIVITIES | ||||||
| Activity | 2022 6 |
2021I | |||||
| Grants and contract income | General | advice and information | 817PI4 | 777,185 | |||
| Grants and contract income | Training | and advice projects | 130,181 | 96&600 | |||
| Grants and contract income | Money | advice projects | 454,943 | 388,464 | |||
| 1,402,968 | 1,262,249 | ||||||
| Grants received, included in the |
above, | are as follows: | |||||
| 2022I | 2021I | ||||||
| London Borough of Hammersmith | ik Fulham Advice Station | Service | Level | ||||
| Agreement | 539,000 | 524,003 | |||||
| Toynbee Hall - The DFL Project |
171,209 | 198,391 | |||||
| Nabonal Citizens Advice - Help to Claim |
76,223 | 79,932 | |||||
| Citizens Advice - HelpThrough Hardships |
Helpline Grants | 183,357 | 62,940 | ||||
| London Borough of Hammersmith | tk Fulham - Digital Inclusion | 38,201 | 59,600 | ||||
| The National Lottery Community |
Fund Grant | 23,085 | |||||
| National Citizens Advice - West London |
Best Practice | 20,334 | 39,648 | ||||
| Clic Sargent telephone project |
33,000 | 37,000 | |||||
| City Bridge Trust Grant | 49,000 | 36,626 | |||||
| The Henry Smith Grant | 36,600 | 35,800 | |||||
| London Borough of Hammersmith | ik Fulham - Aflbrdabiiity | Project | 26,250 | 35,000 | |||
| TNLCF Covid-19 Response Fund |
Grant | 5,290 | 30,376 | ||||
| London Borough of Hammersmith | BiFulham - EU Citizens Settlement | Scheme | 22,500 | ||||
| Smart Energy Grant | 18,729 | ||||||
| W12Together | 15,611 | 18,467 | |||||
| National Citizens Advice - Energy |
Advice | Programme | 16,087 | 12,960 | |||
| Hammersmith Uniiied ik Dr Edward Bishop Kings |
13,162 | 9,514 | |||||
| Midaye Grant | 8,066 | 5,500 | |||||
| National Citizens Advice Infrastructure Grant |
3,804 | ||||||
| The NaBonal Lottery Capital Grant | 3,374 | ||||||
| Citizens Advice - Pan London Adviceline | Development | Grant | 27,644 | 5,000 | |||
| The Nadonal Lottery Community |
Fund - | RC London and South East London- | |||||
| Help Hub Grant | 81,045 | ||||||
| Department for Work and Pensions - Kick Start Grant |
15,249 | ||||||
| Carried forward | 1355328 | 1~262/249 |
| Support | Governance | ||||
|---|---|---|---|---|---|
| costs | costs | Totals | |||
| E | E | E | |||
| General | advice and information | 48,132 | 3,737 | 51,869 | |
| Training | and advice projects | 5,650 | 362 | 6,012 | |
| Money advice projects | 40,902 | 2,523 | 43,425 | ||
| 94,684 | 6,622 | 101,306 | |||
| Comparatives for support |
costs | ||||
| Support | Govemano. | ||||
| coals | costs | Totals | |||
| E | E | ||||
| General | advice and information | 112,329 | 3,743 | 116,072 | |
| Training | and advice projects | 9,495 | 581 | 10,076 | |
| Money advice projects | 43,144 | 2,131 | 45,275 | ||
| 164,968 | 6,455 | 171,423 | |||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated after chanling/(crediting): | ||||
| 2022 | 2021 | ||||
| E | |||||
| Auditors' | remuneration | 5,300 | 5,300 | ||
| Other non-audit services |
950 | 950 | |||
| Depreciation - owned assets | 22,596 | 8,182 | |||
| Operating | leases | 9,400 | 31,715 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | E | ||
| Wages | and salaries | 1,041,925 | 923,735 |
| Social | security costs | 87,754 | 79,129 |
| Other | pension costs | 28,583 | 26,928 |
| 1,158,262 | 1,029,792 |
| The average monthly n |
um | be | r of | e | mployee | s during th |
e ye | ar was | as | follo | ws: | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||||||
| Advisors and assessors | 38 | 37 | |||||||||||||
| Management and administration |
7 | 7 | |||||||||||||
| 45 | 44 | ||||||||||||||
| The number ofemployees | whose | employee benefits |
(excluding | employer | pension costs) | exceeded | 660,000was: | ||||||||
| 2022 | 2021 | ||||||||||||||
| 660,001 - 170,000 | 1 | ||||||||||||||
| The key management | team | is considered | to be the | senior management | team. Remuneration | of | 6250,390 (2021 |
||||||||
| 6294,947) was paid to | Key | Management | Personnel. | This | Includes | pension scheme contriibutions |
of110,123 (2021 | ||||||||
| 111,743). | |||||||||||||||
| Volunteers | |||||||||||||||
| We recruited 52 volunteers |
42% | ofwhom | were from Hammersmith | and Fulham. 13volunteers | leit, | ofwhich 85% |
|||||||||
| went into full time work |
(29% of | whom | got work with | CAHF) | and 15%of volunteer | leavers | went | into full time |
|||||||
| study. | |||||||||||||||
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||||||||||||
| Unrestricted | Restricted | Total | |||||||||||||
| fundsI | funds | fundsI | |||||||||||||
| INCOME AND ENDOWMENTS | FROM | ||||||||||||||
| Donations and legacies |
2,842 | 2,842 | |||||||||||||
| Charitable activities |
|||||||||||||||
| General advice and information | 582,303 | 194,882 | 777,185 | ||||||||||||
| Training and advice projects |
96,600 | 96,600 | |||||||||||||
| Money advice projects | 35,000 | 353,464 | 388,464 | ||||||||||||
| Other income | 20,554 | 20,554 | |||||||||||||
| Total | 737,299 | 548,346 | 1,285,645 | ||||||||||||
| EXPENDITURE ON | |||||||||||||||
| Charitable activities | |||||||||||||||
| General advice and information | 173,486 | 539,310 | 712,796 | ||||||||||||
| Training and advice projects |
99,321 | 99,321 | |||||||||||||
| Money advice projects | 399,998 | 399,998 | |||||||||||||
| Total | 672,805 | 539,310 | 1,212,115 | ||||||||||||
| NET INCOME | 64,494 | 9,036 | 73,530 | ||||||||||||
| Other recognised gains/(losses) | |||||||||||||||
| Actuarial gains/(losses) |
on | defined | benefit | ||||||||||||
| schemes | (37,925) | (37,925) | |||||||||||||
| Net movement in funds |
26,569 | 9,036 | 35,605 |
| COMPARATIVES FORTHE | COMPARATIVES FORTHE | COMPARATIVES FORTHE | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | STATEMENT OF FINANCIAL ACTIVITIES -continued | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestdictad | Restricted | Total | ||||||||||||
| funds | funds | funds | ||||||||||||
| E | E | E | ||||||||||||
| RECONCILIATION | OF FUNDS | |||||||||||||
| Total funds brought | forward | 289,207 | 31,045 | 320,252 | ||||||||||
| TOTAL FUNDS CARRIED FORWARD | 315,776 | 40,081 | 355,857 | |||||||||||
| TAXATION | ||||||||||||||
| Hammersmith and |
Fulham | Citizens | Advice | Bureaux | Service | is a registered | chadity | and therefore |
potentiall | |||||
| exempt from taxation | of iis income | and gains, | as Hammersmith | and Fulham | Citizens | Advice Bureaux | Service fa |
|||||||
| within the definition |
of a charitable | company | as defined | in Part 1, Schedule | 6 | of the Finance | Act 2010. No t |
|||||||
| charge has arisen during the | year. | |||||||||||||
| TANGIBLE FIXED | ASSETS | |||||||||||||
| Short | Plant and | |||||||||||||
| leasehold | machinery | Totals | ||||||||||||
| E | E | E | ||||||||||||
| COST | ||||||||||||||
| At 1April 2021 | 2,133 | 137,717 | 139,850 | |||||||||||
| Additions | 53,656 | 53,656 | ||||||||||||
| At31March 2022 | 2,133 | 191,373 | 193,506 | |||||||||||
| DEPRECIATION | ||||||||||||||
| At 1April 2021 | 2,133 | 129,150 | 131,283 | |||||||||||
| Charge for year | 22,596 | 22,596 | ||||||||||||
| At 31March 2022 | 2,133 | 151,746 | 153,879 | |||||||||||
| NET BOOKVALUE | ||||||||||||||
| At 31 March 2022 | 39,627 | 39,627 | ||||||||||||
| At 31 March 2021 | 8,567 | 8,567 | ||||||||||||
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||||||||||||
| 2022 | 2021 | |||||||||||||
| E | E | |||||||||||||
| Contract income ieceivable | 27,891 | 50,976 | ||||||||||||
| Other debtors and prepaymenis | 5,123 | 24,097 | ||||||||||||
| 33,014 | 75,073 |
| 2022 f |
2021 f |
||||
|---|---|---|---|---|---|
| Operational creditors |
37,278 | 26,467 | |||
| Social security and other taxes | 23,379 | 23,241 | |||
| Other credilois and accruals | 66,334 | 109,976 | |||
| Defened | income | 175,461 | 190,378 | ||
| 302,452 | 350,062 | ||||
| Deferred | Income | ||||
| Balance | at 1April | 2021 | 190,378 | 51,549 | |
| Amounts | released | to incoming | resources | (100,864) | (29,497) |
| Amount | deferred | in the year | 85,647 | 168/26 | |
| Balance | at 31March 2022 | 175,461 | 190378 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Within one year | 9,400 | 9,400 | |||
| Between | one and five years | 37,600 | 37,600 | ||
| In more | than five years | 9,400 | 19,200 | ||
| 56,400 | 66,200 | ||||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | |||||
| 2022 | 2021 | ||||
| Unrestriicled | Restricted | Total | Total | ||
| funds f |
funds f |
funds f |
funds f |
||
| Fixed assets | 39,627 | 39,627 | 8,567 | ||
| Oirrent | assets | 790,500 | 46,045 | 836,545 | 800,504 |
| Current | liabilities | (290,966) | (11,486) | (302,452) | (350,062) |
| Pension | liability | (93,387) | (93,387) | (103,152) | |
| 445,774 | 34,559 | 480,333 | 355,857 |
| Unresb icled | Resbiaed | 2021 | ||
|---|---|---|---|---|
| funds | funds f |
Totalfunds f |
||
| Rxed assets | 8,567 | 8,567 | ||
| Current | assets | 631,486 | 169,018 | 800,504 |
| Current | liabilities | (221,125) | (128,937) | (350,062) |
| Pension | liability | (103,152) | (103,152) | |
| 315,776 | 40,081 | 355,857 |
| 18. | MOVEMENT IN FUNDS | MOVEMENT IN FUNDS | ||||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1/4/21 6 |
in funds 6 |
funds 6 |
31/3/22 I |
|||||
| Unrestricted funds |
||||||||
| Generalfund | 412,032 | 127,733 | (41,251) | 498,514 | ||||
| General fund - Capital | 6,896 | 41,251 | 48,147 | |||||
| Pension reserve | (103,152) | 2,265 | (100,887) | |||||
| 315,776 | 129,998 | 445,774 | ||||||
| Restricted funds | ||||||||
| Debt Free London | P,072) | 6,640 | (432) | |||||
| Foodbank - Hammersmith | and Fulham | (13,238) | 13,916 | 678 | ||||
| Gtizens Advice - EBDExtra Advice | 15,398 | 15,398 | ||||||
| Citizens Advice - Big Energy Savings Week | 4,000 | (4,000) | ||||||
| Citizens Advice - Consumer | Empowerment | |||||||
| partnership | 7,441 | (7,441) | ||||||
| Citizens Advice - Energy | Advice Programme | 363 | 2,602 | 2,965 | ||||
| Citizens Advice - Help to | Claim | (1,114) | 1,114 | |||||
| Citizens Advice - Universal | Credit | 3,052 | 3,052 | |||||
| City Bdidge Trust Fund | 125 | 1,987 | 2,112 | |||||
| The National Lottery Community |
Fund- | |||||||
| Coronavirus Community |
Support | Fund | 23,038 | (23,038) | ||||
| W12Together and Midaye | Fund | 5,477 | (1,384) | 4,093 | ||||
| Citizens Advice - Pan London Adviceline | ||||||||
| Development Fund |
704 | (704) | ||||||
| Smart Energy Fund | 2,581 | (2,581) | ||||||
| Gty Bridge Trust TNLCF | COVID-19 | |||||||
| Response Fund |
2,378 | (825) | 1,553 | |||||
| The National Lottery Community |
Fund - RC | |||||||
| London and South East Region - | Help Hub | 2,044 | 2,044 | |||||
| Kickstart | (2,689) | (2,689) | ||||||
| West London Welcome | 5,785 | 5,785 | ||||||
| 40r081 | (5,522) | 34,559 | ||||||
| TOTAL FUNDS | 355,857 | 124,476 | 480333 |
| Net movement in funds, |
i | ncluded | in the above | are as follows: | |||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended I |
losses 6 |
in funds I |
||||
| Unrestrfcted funds |
|||||||
| General fund | 673,973 | (546,240) | 127,733 | ||||
| Pension reserve | 2,265 | 2,265 | |||||
| 673,973 | (546,240) | 2,265 | 129,998 | ||||
| Restricted funds | |||||||
| Debt Free London | 171,209 | (164,569) | 6,640 | ||||
| Foodbank- Hammersmith |
and Fulham | 232,743 | (218,827) | 13,916 | |||
| Citizens Advice - Big Energy Savings Week | (4,000) | (4,000) | |||||
| Citizens Advice - Consumer | Empowerment | ||||||
| Partnership | (7,441) | (7,441) | |||||
| Gtizens Advice - Energy | Advice Programme | 16,087 | (13,485) | 2,602 | |||
| Citizens Advice - Help to | Claim | 1,114 | 1,114 | ||||
| Citizens Advice - Universal | Credit | 96,557 | (93,505) | 3,052 | |||
| City Bridge Trust Fund | 49,000 | (47,013) | 1,987 | ||||
| The National Lottery Community |
Fund- | ||||||
| Coronavlrus Community |
Support | Fund | (23,038) | (23,038) | |||
| W12Together and Midaye | Fund | 23,677 | (25,061) | (1,384) | |||
| Ctizens Advice - Pan London Adviceline | |||||||
| Development Fund |
27,644 | (28,348) | (704) | ||||
| Smart Energy Fund | (2,581) | (2,581) | |||||
| City Bridge Trust TNLCF | COVID-19 | ||||||
| Response Fund |
5,290 | (6,115) | (825) | ||||
| Citizens Advice - BEIS | 5,180 | (5,180) | |||||
| The National Lottery Community |
Fund - RC | ||||||
| London and South East Region - | Help Hub | 81,045 | P9,001) | 2,044 | |||
| Kickslart | 15,249 | (17,938) | (2,689) | ||||
| West London Welcome | 10,415 | (4,630) | 5,785 | ||||
| 734,096 | (739,618) | (5,522) | |||||
| TOTAL FUNDS | 1,408,069 | (1,285,858) | 2,265 | 124,476 |
| Comparatives for mov |
e | ment | in funds | |||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At' 1/4/20 | in funds I |
31/3/21 | ||||
| Unrestricted funds |
||||||
| General fund | 353,538 | 58,494 | 412,032 | |||
| General fund - Capital | 6,896 | 6,896 | ||||
| Pension reserve | (71,227) | (31,925) | (103,152) | |||
| 289,207 | 26,569 | 315,776 | ||||
| Restricted funds | ||||||
| Debt Free London | 996 | (8,068) | (7,072) | |||
| Foodbank - Hammersmith | and Fulham | 2,258 | (15,496) | (13,238) | ||
| Citizens Advice - EBD Extra | Advice | 15,398 | 15,398 | |||
| Citizens Advice - Big Energy Savings Week | 4,000 | 4,000 | ||||
| Citizens Advice - Consumer | Empowerment | |||||
| Partnership | 7,441 | 7,441 | ||||
| Citizens Advice - Energy | Advice | Programme | 259 | 104 | 363 | |
| Citizens Advice - Help to | Claim | 693 | (1,807) | (1,114) | ||
| City Bridge Trust Fund | 125 | 125 | ||||
| The National Lottery Community |
Fund- | |||||
| Coronavirus Community |
Support | Fund | 23,038 | 23,038 | ||
| W12Together and Midaye Fund | 5,477 | 5,477 | ||||
| Gtizens Advice - Pan London Adviceline | ||||||
| Development Fund |
704 | 704 | ||||
| Smart Energy Fund | 2,581 | 2,581 | ||||
| City Bridge Trust TNLCF | COVID-19 | |||||
| Response Fund |
2,378 | 2,378 | ||||
| 31,045 | 9,036 | 40,081 | ||||
| TOTAL FUNDS | 320,252 | 35,605 | 355,857 |
| 31.3.2022 | 31.3.2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Discount | rate | 2.8046 | 2.1046 | |||||
| Inflation | (RPI) | 3.70'/a | 3.30'/a | |||||
| Inflation | (CPU | 3 25a/a | 2.80'Ya | |||||
| Revaluation ofdefemed |
pensions | in excess of GMP | 3.25a/a | 2.80'Ya | ||||
| Pension | in payment | increases | of: | |||||
| -CPI or | 5'/a p.a. iy | less | 3.259a | 2.80a%%d | ||||
| -CPI inflation since | retirement | or | 5'/a p.a. mmpound | if less | 3.2546 | 2.80'Ya | ||
| - CPI or | 3'/a p.a. if | less | 2.709a | 2.50a/a | ||||
| 75/a Of HMRC | 754'a Of HMRC | |||||||
| Commutation ofpension |
for cash | at retirement | maximum | maximum | ||||
| 31.3.2022 | 31.3.2021 | |||||||
| Assumed life expectancies |
on | retirement atage | 65are: | |||||
| Retiring | today - Males | 21.3 | 21.2 | |||||
| Retiring | today - Females | 24.2 | 24.1 | |||||
| Retiring | in 20years | time | - Males | 22.6 | 22.6 | |||
| Retiring | in 20years | time | - Females | 25.7 | 25.7 | |||
| Value at | Value at | |||||||
| 31.3.2022 | 31.3.2021 | |||||||
| FOOOs | EOOOs | |||||||
| The assets in the | Plan | were: | ||||||
| Multi asset funds | 68,955 | 72,995 | ||||||
| Structured Equity |
27,488 | 24,849 | ||||||
| Cash | 5,771 | 1,509 | ||||||
| 102,214 | 99,353 | |||||||
| The actual return | on assets | over the period was: | 5,301 | 14,282 |
| 19. | EMPLOYEE BENEFITOBIIGATIONS - continued | EMPLOYEE BENEFITOBIIGATIONS - continued | EMPLOYEE BENEFITOBIIGATIONS - continued | EMPLOYEE BENEFITOBIIGATIONS - continued | EMPLOYEE BENEFITOBIIGATIONS - continued | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Present value offunded obligations |
148,768 | 161,415 | ||||||||||
| Fair value of Plan assets | 102,214 | 99,353 | ||||||||||
| Surplus/(deficit) in funded |
scheme | (46,554) | (62,062) | |||||||||
| Present value ofunfunded obligations |
||||||||||||
| Unremgnised actuadial gains/(losses) |
||||||||||||
| Adjustment in respect ofasset |
ceiling | and minimum | funding | |||||||||
| requirement | ||||||||||||
| 46,554 | 62,062 | |||||||||||
| Reconciliation of opening |
and | closing | balances | of the | present | value of |
the | defined | benefit | |||
| obligation | 31.3.2022 | 31.3.2021 | ||||||||||
| 6000s | EOOOs | |||||||||||
| Benefit obligation at beginning | ofyear | 161,415 | 140,310 | |||||||||
| Current service mst | 771 | 652 | ||||||||||
| IliteI'est cost | 3,346 | 3I322 | ||||||||||
| Contributions by Plan participants Actuarial (gains)/losses |
(11,745) | 21,568 | ||||||||||
| Benefits paid and expenses | (5,019) | (4,437) | ||||||||||
| Past selvlce cost | ||||||||||||
| Settlements | ||||||||||||
| Business combinations | ||||||||||||
| Exchange rate | ||||||||||||
| Benefit obligation at end | ofyear | 148,768 | 161,415 | |||||||||
| Reconciliation ofopening | and closing balances | ofthe | fair value of Plan assets | |||||||||
| 31.3.2022 | 31.3.2021 | |||||||||||
| KOOOS | 6000s | |||||||||||
| Fair value ofPlan assets at beginning | ofyear | 99,353 | 85,959 | |||||||||
| Interest inmme on Plan assets | 2,061 | 2,052 | ||||||||||
| Return on assets, exduding | inteiest income | 3,240 | 12,230 | |||||||||
| Contributions by employers |
2,579 | 3,549 | ||||||||||
| Contributions by Plan participants Benefits paid and expenses |
(5,019) | (4,437) | ||||||||||
| Business combinations | ||||||||||||
| Settlements | ||||||||||||
| Fxchange rate | ||||||||||||
| Fair value ofPlan assets | at | end ofyear | 102,214 | 99,353 | ||||||||
| The amounts recognised | in | profit | or loss: | 31.3.2022 | 31.3.2021 | |||||||
| KOOOs | KOOOs | |||||||||||
| Service mst - including current |
tt past | service mats, | Sr settlements | |||||||||
| Service mst - administrative | mst | 771 | 652 | |||||||||
| Net interest on the net defined | benefit | liability | 1,285 | 1,270 | ||||||||
| Tolal expense | 2,0S6 | 1,922 |
| EMPLOYEE BEN | EFIT OBLIGATIONS - continu | ed | |||
|---|---|---|---|---|---|
| Remeasurements | ofthe net defined benefit | liability (asset) tn | be shown | in OCI: | |
| 31.3.2022 | 31.3.2021 | ||||
| F000s | $000s | ||||
| Actuarial (gains)/losses on the liabilities |
(11,745) | 21,568 | |||
| Return on assets, | exduding interest income |
(3,240) | (12,230) | ||
| Changes in the elfect ofthe asset ceiling excluding |
interest income | ||||
| Total mmeasure | ofthe net defined liability (asset) to be | (14,985) | 9,338 | ||
| shown in OCI |