Company registration number: 03164247 Charity registration number- 1058935 Clifton Welfare Rights Advice Centre (A covnpany limited by guarantee) Annual Report and Financial Statements for the Year Ended ) l March 2025 Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL
Clifton Welfare Rights Advice Centre Contents Reference and Administrative Details Trustees, Report 2to4 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8t0 15
Clifton Welfare Rights Advice Centre Reference and Administrative Details Truslees Clare Ashton Robert Michalak Wasim Amin Lorraine Richards Secrelary Robert Michalak Senior Management Team Jillian Chappell. Senior Advisor Registered Office Clifton Cornerstone Southchurch Drive Clifton Nottingham NGII 8EW Company Registration Iyumber 03164247 Charity Registration Number 10589J5 Independent Examiner Eva Stevens, employee or Communily Accounting Plus Unils l & 2 North West 41 Talbot Street Nottingham NGI 5GL Page I
Clifton Welfare Rights Advice Centre Trustees, Report The trustees, who are directors for the purposes of company law. present the annual report together with the rinancial statements of the charitable company for the year ended 31 March 2025. Trustees and officers The trustees and officers serving during the year and since the year end were as folloivs: Trustees: Clare Ashton Robert Michalak Stephen Young (resiimed 9 December 2024) Wasim Amin Lorraine Richards (appointed 4 March 2025} Secretary: Robert Michalak Structure, governanee and management The charity is a company limited by guarantee and re£istered charity. It is operdted under the rllles of its memorandum and articles of association dated 26 February 1996. It h&s no share capital and the liability of each member in the event of 'Inding-llp is limited to £ l. Recruilmenl and appoinlmenl oflru51ees The Trustees are elected and cfropted under the ternis of the Memordndum and Articles of Association. Major risks and managemenl oflhose ri5As Funding The majority of our funding is from one source via Nottingham City Council. Objectives and activities Objects and aims The general charitable purposes are through educationltraining for the prevention or relief of poverty. We provide welfare rights. debt. housing. eTnplo!menL consumer and other generalist advice for the residents of Clifton, Wilford and Silverdale areas of Nottingham. Page 2
Clifton Welfare Rights Advice Centre Trustees, Report Public benefit Our Service5 are free, impartial and confidential to OUT clieTJts. The service is open to everyone. Our services maximi5e5 the citizens personal income by welfare and social benefit5 aT]d help manage their debts. The trustees confirni that they have complied with the requirements of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Achievements and performance During the year 20?4125 we generated annualised benefit gains of £1,227,982 and obtained lump sum amounts of £7,214 for clients. We managed £21,833 of non priority debts and £61,747 of Priority debts for clients. We were actively involved in assessing and processing the Household Support Fund vouchers to all citizens that fulfilled the necessary criteria during 2024125. Financial review The trustees are happy with the financial position at the end of the financial year. Policy on reserves We aim to retain three months financial reserves and temlination costs. This is reviewed annually. Page i
Clifton Welfare Rights Advice Centre Triiqteesl Report Statement of Responsibilities The trustees ('hO are also the directors of Clifton Welfare Rights Advice Lentre for the purposes of Company laiv) are respx)n5iblt for picparin8 thc trustees, report and the financial siatemenLs in accordance '1th applicable lai¥ and United Kingdom A¢counting Standard5 {United Kingdom Gencrall) Accepted Accounting Practice).. includin8 FRS 102 "The Financial Rewrting Standard applicable in the UK and Republic uf Ircland" Thc i¢yuJ t and accounts haye been prepared in aeeord2nee ivith the proiTisions in the Companies Act 2006 relating to small companies. Company law requires the trustccs to prepare financial sLgtements for each financial }'ear. Under rnpanY la, the twstees must not approve the financial uii1¢53 thc). arc st4ti3ficd that thev give a true artd fair vieiv of the stgte of Affairs of the charitable companN' and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In prepanng these financial statements, the irustees are rwuirrd kn: selcLL suitabl¢ accounting policies and appl>, them consistently. obscTh'e the methods and principles in the c.harities SORP- make judgements and estimates that are reasonable and prudent; state iN'hether applicable accounting standards, comprising FRS 102 h41i'f tKcii follow¢d, 3ubjcct to any material dep8rtures di5elosed and eYplAined in the financial siatemenLS'. and prepare the fin2ncial statements on the going concem basis unless it is inappropriate to presume that the Lharitable companv will continue in business. Thc trustees are responsible for keeping pmper accounting records that can disclose with reasonable accuracy at any time the finanLial wjsition of the charitsble companv gnd enable them to ensiire ihxt the financial statemenls compl5, Ivith the Companies Act 2006. The). are also rcsw)nsiblc for safegLsarding the &ssets of the ¢haritable companv and henee for taking reasonable steps for the prevention and dctection of fraud and uihrr ii'rcgularitics. The trustees are responsible for the maintenance and inwgrity of thc corporate and financial inforniation included on the eh9TiIAhle compans s M'ebsite. Legislation £oi'erning the pr¢paraiion and disscminaiion or financial statements may differ from legislation in other jurisdictions. The annual reFrt)rt was approved bv the trustees of the charitv on ... . and 3ign¢d on its behalf by.. Clare Ashton TiusL¢c Small companies provision statement This report has been prepared in accordance ivith the small companies regime under the Companies Aci 2006. Pa8¢ 4
Clifton Welfare Rights Advice Centre Independent Examiner's Report to the trustees of Clifton Welfare Rights Adviee Centre ('the Company,) Independent examiner'5 report to the trustee5 of Clifton Welfare Rights Advice Centre ('the Company,) I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company a not required to be audited under Part 16 of the 2006 Act and are eligible for independent eiamination. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Chariiies Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5}(b) of the 2011 Act. Independent examiner's stalement I have completed my examination. l ¢onfirn) that no Matte have come to my attention in connection with the examination giving me cause to believe that in any maierial respect: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or 2. the accounts do not accord with those records- or 3. the accounts do not compl). with the accounting requirements of section )96 of the ?006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be draTh'n in this report in order to enable a proper underslanding of the accounts to be reached. Eva Stev s, employee of Community Accounting Plus member of the Association of the Chartered Institule of Public Finance and AccoUnLcY (CIPFA) Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Date". 2911012025 Page 5
Clifton Welfare Rights Advice Centre Statement of Financial Activities for the Year Ended 31 March 202$ (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2025 Total 2024 Unrestricted Note Ineome and Endowments from: Donations and legacies Charitable activities Investment income 43,393 65,579 10,141 153 87 87 Total Income 43,480 43,480 75,873 Expenditure on: Charitable activities (67,609) (67,609) (65,690) Total Expenditure (67,609) (67,609) (65,690) Net (expenditure)/income (?4,129) (24,129) Net movement in funds (24.129) (24,129) 10,183 Reconciliation of funds Total funds brought fon¥ard i9,762 29,579 Total funds carried forward All of the charity's activities derive from continuing operations during the above two periods. The notes on pages 8 to 15 fonn an integral part of these fmancial statements.
Clifton Welfare ghtS AdviLe CeDtrc (Registr9tion number: 03164247) Balance Sheet as at 31 March 2025 2Q2S 2024 Not¢ Current as¥Yt5 Debtors Cash ai bank and in hand 295 16,100 97U 40,706 io 16.395 41,676 Creditors: Amounts falling due withiD olle year (702) (1.914) 39,762 Net assets Funds of the charity: Unrestricted income funds Unrestricted funds 39.762 15,633 39,762 Tot21 funds Fnr the financial year ending 31 March 2025 the charity a$ entitled to exemption from audit under section 477 of the Companies Aet 2006 relating to small companies. 13 Directors, responsibililics: Tli¢ m¢mbcrs have not required the charity to obtain an audit of ILS accounts for the year in question in accordance with sectivn 476; and Thc directors acknowledge their reswjnsibilities for compl)'ing with the requirements of the Act with respect to accounting records lind (jic prcparation of accounts. These financial statements have been prepared in accordance ivith the special provisions relating to companie5 subject to the small companies regime '1th1n Vart 15 of the Cviiipwiics Act 2006. I"he financial siatenicnts on pages 6 to 15 were. approved by the trustees. and authorised for issue on ¥ftrk.o..l.rt.IAy.... and signed on their behalf by: 202 Robert N4ich212k Company secretary and trustee Thc notcs on pages 8 to 15 form on integral part of these tinancial SIrnents. Pa8¢ 7
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 l Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial Statements are set out below. These policie5 have been consistently applied to all the years presente(L unle55 Othenvi5e stated. Slatement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS I O?)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK aTJd Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparalion Clifton Welfare Rights Advice Centre meets the deflnilion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at hlstorical cost or transaction value unless othen4'ise stated in the relevant accounting policy notes. Going concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Exemption from preparing a eash flo)v Statement Under the exemption available to smaller charitie5 the Board of Trustees has chosen not to include a Statement of Cash Flows Wlthin the financial statetnents. Income and endowments Voluntary income including donation5, gift5, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income. it IS Probable that the income will be received and the amount can be measured with sufficient reliability. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance condition5 are attached to the grant and are yet to be met, the income is recognised a5 a liability and included on the balance sheet a5 defeed income to be released.
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 Expendilure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregale similar costs to that calegory. Where costs cannot be directly attributed to particular headings they have been allocated on a basls consislent with the use of resources, with central staff costs allocated on the basis of time spent. and deprecialion charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charilable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneflciaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter J Part I l of the Corporation Tax Act 2010 or Section ?56 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed a55ets Individual fixed assets costing £500 or more are initially recorded at cosL le55 any 5ub5equent accumulated depreciation and subsequent accumulated itnpairment losse5. Depreciation and amortisation Depreciation is provided on tangible fixed assels on a strdight line basis as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. Asset class General equipment Computer equipment Depreciation meihod and rate ?O.OOO/o Trade debtors Trade debtors are amounts due from customers for vnerchandise 501d or Services performed in the ordinary course of business. Trade debtor5 are recognised initially at the transaction Price. They are subsequently measured at amortised cost using the effective interest metho(L less provision for impairment. A provision for the impairnient of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the orioinal tern)s of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and oiher short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Page 9
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 Fund struclure Unrestricted income funds are general funds that are available for use at the trustees, discretion in filltherance of the objectives of the charity. Pensions and other post retirement obligations The charity operates a defined benefit pension scheme for emplovees. The assets of the scheme are held separately from those of the charity. Pension costs charges An the Statement of Financial Activities represent the contributions payable by the charity during the year. 2 Income from donations and legacies Unrestricted fund5 General Total 2025 Total 2024 Grants. including capital grants: Grants from other charities 65,579 65,579 3 Income from charitable activities Tolal 202) Total 2024 Other income Grants 142 9.999 10,141 4 Grants & donations Unrestricted funds Restricted funds Total Nottingham City Council (Citizens Advice Nottingham) Page 10
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 5 Investment income Unrestricted runds General Totsl 202) Total 2024 Interest receivable and similar income- Interest receivable on bank deposits 87 87 6 Expenditure on charitable activities Unrestricted funds General Tolal 2025 Total 2024 Equipment, repairs & renewal Insurance Telephone. internet & postage Printing & stationery Membership & affiliations Legal & professional Sundry pavments Wages, Nl & pension Redundancy cost 70 2,610 881 550 397 2,042 299 40,560 70 2,610 881 550 397 2,IM2 299 40,560 ?0,200 373 1,609 1,070 618 598 732 60,586 67,609 67,609 65,690 7 Staff costs The aggregate payroll costs were as follows: 2025 2024 Slaff cosls during the year were: Wages and salaries Pension costs Compensation payments 49,462 11,124 2,102 20,200 60,760 60,586 Pagell
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 The monthly average number of persons (including senior management team) employed by the charity during the year was as follows.. 2025 2024 Average number of employees 1 (2024 - 2) of the above employees participated in the Defined Benefit Pension Schemes. No employee received emoluments of more than £60,000 during the year. The total employee benefits of the key Advice Delivery Team of the charity were £36,173 (2024 - £50,709). 8 Tangible fixed assets Furniture and equipment Computer equipment Total Cost At l April 2024 6.?40 1,596 At 31 March 2025 6.240 1,596 7,836 Depreciation At l April ?0?4 6,240 1.596 7.836 At J l March 2025 6,240 1,596 Net book value At 31 March 2025 At 31 March 2024 9 Debtor5 2025 2024 Prepayments 295 970 10 Cash and cash equivalents 2025 2024 Cash on hand Cash at bank 42 40,664 16,094 16,100 40,706 Page 12
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 I I Creditor5: amounts falling due within one year 2025 2024 Other creditors 762 1,914 12 Pension and other schemes Defined benefit pension schemes Nottinghamshire County Couneil The charity participates in the Nottintrhamshire County Council Pension Fund, a multi-employer defined benefit final salary scheme. The scheme is administered for the benefit of Local Authority emploN'ees and other bodies and is managed in accordance with the Local Govemment Pension Scheme Regulations 1997 (as amended). The administering authority for the Fund is Nottinghamshire County Council. Contributions to the scheme are deterniined with advice of independent qualified actuaries on the basis of triennial valuations using the projected unit method. The employer's contributions made to the scheme in the year were £2,102 (2024= £11,1 ?4}. The calculated cost of accrual of future benefits is 21.5 /0 of pa)'roll p.a. plus monetary contributions of £500. Due to lack of the detailed inforniation about the defined benefit fund. the values of the fund's assets and liabilities are not included in the accounts. Whereas. the pension contribution5 tnade by the employer are accounted as a defined contribution schen]e and included in the expenditure of the charity's accounts. Page li
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 13 Funds Balance al I April 2024 Incoming resources Resources expended Balance at 31 March 2025 Unrestricted funds General General 39.762 43,480 (67,609) Balanee al I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unrestricted funds General General 29.579 65,874 (55,691) 39,762 Restricted National Lottery 9.999 (9,999) Total funds 29.579 (65,690) Page 14
Clifton Welfare Rights Advice Centre Notes to the Financial Statements for the Year Ended 31 March 2025 14 Fees payable to indepeTJdent examiner During the period. the fees payable (excluding VAT) to the charity's independent examiner Community Accounting Plus are analysed as follo.5= 2025 2024 Independent examination 610 15 Trustees remuneration and expenses No trustees, nor any persons connected with them. have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 16 Taxalion The charity is a registered charity and is therefore exempt from taxation. 17 Related party transaetions There were no related party transactions in the year. Page 15