2023-03-31-accounts - Sutton Borough Citizens' Advice Bureaux

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TRUSTE	ES' REPORT
Reference	and Administrative Details
	Name and Registered	Office
	Professional Advisers
Structure,	Governance and Management				2
	Governing Document Trustee Board				2 2
	Elections to the Trustee		Board		2
	Trustee Induction and Internal	Training			3
	Organisational Structure				3
	Related Parties Control				3 3-5
Objectives and Activities for the		Public Benefit			5
	Strategic Objectives Activities and Outcomes				5 5-8
Achievements and Performance
Plans for	Future Periods
Financial	Review
Statement	of Directors' Responsibilities
Independent Auditor's Report					10-12
FINANCIAL STATEMENTS
Statement of Financial Activities			and Income & Expenditure	Report
Balance Sheet					14
Cash Flow Statement					15
Notes to	the Financial Statements				16-27

For the year t	o 3	1	Igiarch 20	23
				Notes	Unrestricted	Restricted	Total	Total
					funds	funds	2023	2022
Income
Activities for generating		funds
investment income					1,848		1,848	75
Income from charitable		activities
Grants						1,242,449	1,242,449	1,206,299
Contracts and service level
agreements					380,456		380,456	511,733
Fee income					77,781		77,761	46,704
Other								908
Total income					460 065	1 242 449	1 702514	1765719
Expenditure
Raising funds					11,012		11,012	10,680
Chantable activities					378,361	1,306,562	1,684,923	1,753,451
Total ex nditure					389 373	1 306562	1 695935	1 764 131
Net income/(expend/turs)
for the year before	transfers				70,692	(64,113)	6,579	1,588
Transfers between	funds			20	52482	52482
Nst income before	other		recognised		18,210	(11,631)	6,579	1,588
gains and losses
Other recognised gains/(losses)
Actuarial gains/(losses)			on defined	12	706,000		706,000	388,3000
benefit pension scheme
Other aine/ losses				12	83000		83000	89000
Net movement In	funds				641,210	(11,631)	629,579	300,588
Reconclgatlon of	funds
Total funds brou ht forward				20	529712	37023	492689	793277
Total funds carried	forward			20	111498	25 392	136890	492 689

ompany	Numder	031	7	9963
						2023	2022
					Notes		6
Fixed assets
	Tangible fixed assets				14
Currents assets
	Debtors				15	270,367	119,481
	Short term deposits					200,000	200,000
	Cash at bank	and	in	hand		210130	297,917
						688,487	817,398
Creditors:	amounts falling due
within one	year				1B	(182,697)	(118,087)
Net current	assets					606,890	499,311
Provision for liabilities					12	(369,000)	(992,000)
Total net assetsl liabilities					19	136890	492 689
Funds
	Unrestricted:
	Designated	funds			20	38,848	38,648
	Other unrestricted		funds		20	441,850	423,840
	General fund detined pension scheme			benefit	20	~309000	~002 0011
	Total unrestricted					111,498	452,288
	Restricted				20	25 392	37023
Total funds					20	136890	492 689

or the year	to 31 March 2	023
					2023	2022
					8	8
Reconciliation	ofchanges In resources to		net	cash inflow from operations
Nst incoming	resources (as reported)				629,579	300,588
(Deduct)/Add: FRS102operating		pension	adjustment		(623,0IM)	(299,000)
Less income	from interest and dividends				(1,848)	(75)
Decrease/(increase) in debtors					(150,876)	80,863
Decrease	rncrsass in short term	creditom			64510	151926
Net cash inflow from o cretin		activities			81635	69550
Cash flow statement
Net cash inflow from operating activities					(81,635)	(69,550)
Returns on	investments Nots 3				1 848	75
Decrease	ncrsase In cash				79787	69475
Reconciliation	ofnet cash flow to	movement		in net cash
Increase in	cash in the period				(79,787)	(69,475)
Nst cash at	1 ril 2022				497917	567 392
Net cash at 31 INarch 2023					418,130	497917

Depreciation	Depreciation	has been calculated
Computer	equipment		33.3'/o
Fixtures	and	fittings	20.0'/o
Lift			125%

								Unrestricted	Restricted	Totals	Totals
								Funds	Funds	2023	2022
								8	8	8	8
Note 3 - Investment	income
Interest on bank ds		osits						1 848		1 848	75
All ofthe f300 recognised			in 2021 was unrestricted			funds
Note 4 - Grants
PsnsionWise									458,103	458,103	471,797
Debt Free London									289,889	269,669	358,275
Reaching Communities									44,113	44,113	133,304
Henry Smith Charity									19,025	19,026	51,325
City Bridge Trust									87,828	67,628	85,000
Trust for London									46,000	46,000	48,000
EU Settlement Grant									19,823	19,623	28,574
CitA Universal Support											30,045
Kickstart											21,979
Energy Max									127,987	127,967
SWL St George's	NHS		Trust						91,428	91,426
Ukrainian Refugee		Support							53,415	63,415
Debt First Aid									22,593	22,693
Food Bank P 'ect									22,887	22 887
									1 242 449	'I242 449	1 208299
All ofthe r1,208,299	recognised				in 2022 wss restricted		funds.
Note 6 - Contracts and service					level
agreements
General Fund:
LBS i&A								345248		346 246	480 983
General Fund								345,248		346,246	480,983
HsalthWatch								5,000		6,000	20,000
Ener Advice Pr		ramme						30210		30210	10750
								380456		380466	511733
All ofthe 8551,958 recognised				in 2021 was unrestricted				funds.
Note 6 - Fes income
Le alAidA en	Housin							77 781		77761	48 704
								77 781		77 761
All ofths 666,319recognised					in 2021 was unrestricted			funds.
Note 7 - Other incoming			resources
Sund Income

Note 8 - Charitable activiti	es
	Direct	costs			Support	Costs
	Staff	Staff and		Oflice	Premises	Other	Governance	Total	Total
	Costs	Volunteer		Costs	Costs	Costs	Costs	2023	2022
		Expenses
	f						E	f	E
Fundralsln costs	11012							11012	10680
Charitable Activities
General Fund	191,686	3,285		17,482	17,101	37,676	805	267,835	403,758
Health Watch	5,000							5,000	9,869
Energy Advice Programme	26,903		121	1,863	2,008	28	1'i6	31,037	13,855
LAA Housin Contract	34381		549	8683	4249	26469	158	74489	68117
Total Charitable Activities	257970	3	955	28 028	23 356	64 173	879	378361	606 279
Total Unrestricted Funds	268 982	3	955	28 028	23 356	64173	879	3893?3	606 279
PensionWise	389,983	1,850		28,995	35,525	382	1,368	468,103	472,376
Debt Free London	262,454	1,133		19,993	20,285	217	673	304,755	314,S?7
Reaching Communities	57,404		173	2,540	2,806	8,700	136	71,769	132,939
Henry Smith Charity	28,123		20	907	1,158	8		28,214	51,366
Help to Claim Project									30,059
Trust for London	41,255		530	1,990	2,149	25	79	46,028	46,972
EU Settlement Grant	27,293		93	1,671	1,821	20	68	30,966	28,58Z
City Bridge Trust	20,993		288	1,434	1,611	43,246	55	67,6Z7	64,840
Kickstart									22,074
Energy Max	78,123		307	5,212	5,565	31,667	225	121,099
SWLSt George's NHS Trust	41,573		156	2,786	3,035	49,429	113	97,092
Ukrainian Refugee Support	29,117		319	2,564	2,736	29	125	34,8S1
Debt First Aid	20,613		93	981	1,099	24	119	22,929
Food Bank Pro'ect	20 802		93	961	1 100	24	119	23099
Total Restricted Funds	1 015733	5	055	70034	78 888	133771	3,081	1 306662	1 257 862
Total Ex enditure	1 284,715	9010		98062	102,244	197944	3950	1 895936	1 764131

e 9 - Governance cos	ts
		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2023	2022
		f	f	f	E
Audit fes		3,910		3,910	3,4'l4
Legal and professional	fees				1,128
Trustees' expenses (Note 13)					190
Other		50		50	106
		3960		3,960	4838

SUTTON		BOROUGH CITIZENS	BOROUGH CITIZENS	ADVICE BUREAUX	ADVICE BUREAUX
Notes to the financial statements			for the year ended 31Ilarch 2023
				e nedbenefltOb	I ation	amount60	0
0.1%decrease		in Real Discount Rate			1%		33
1 year increase 0.1%increase 1'/ incre	in member life expectancy in the Salary Increase Rate i Pension cr s as C		I		4% 0% 'o		95 3 30
Table 5:ProJected pension expense for the year				to 31 March 2024
ProJection for		the year to 31 March 2024
Service cost '		Assets f0		Obligations 33	000 (33)	Net assett(liability) of (23.3%)
Net interest income on plan assets 92					92	64.8%
Int r st st on		defin nsfit obli atlo			1	6
T lips I r				142

Note 13-Trustees' expenses	Note 13-Trustees' expenses
						2023			2022
					Number	5	Number		5
Trustees' e	nses							1	190
No trustee was	paid expenses	during	the year - (2022:
8190).
Note 14 - Tangible fixe assets				Lift	Computer	Fixtures 5			Total
					Equipment	Fittings
						Equipment
Cost
At 1 April 2022				86,297	13,560		28,704		128,&61
Additions
Dis oasis
At 31 March 2023				86297	13560		28704		128561
Accumulated	depreciation
At 1 April 2022				86,297	13,560		28,704		128,561
Charge for the	year
Dis oasis
At 31 March 2023				86 297	13560		28704		128561
Net BookValues
At 31 March 2022
At 31 March 2023

ote	s to the fina	s to the fina	ncial s	tatements for the year end	ed 31 March 2023
Note	16 - Debtors				2023	2022
					6	f
	Accrued Income and prepayments				253,693	177,539
	Other	debtors			16664	1 942
					270367	119481
Nots	16 - Creditors:		amounts	falling dus within one year
					2023	2022
					6	6
	Deferred	income	and eccruals		44,103	63,138
	Other creditors				138494	54949
					182697	118087
	Deferred	income analysis			2023	2022
					6	6
	Deferred	income	brought forward		63,138	154,089
	Additions	during	the year		44,103	63,138
	Amounts	released to income			63 138	154089
	Deferred	income	carried forward		44 103	63 138

						2023		2022
					Photocopier	Land 8	Photocopier	Land 8
						Buildings		Buildings
						r.		6
Operating	lease which is		renewable	within
One year					3,000	45,000	'f64	45,000
Twotofive	ears				12000	180000		45000
Total					15,000	225 000	164	90000
e 18 - Designated		funds				2023		2022
						6		6
Replacement	of Equipment		fund			19,866		19,865
Redundan	Fund					18783		18783
Salance at 31 March						38648		38648

Note 19 - A	nalysis offund as	sets
	Unrestricted	Designated	Pension	Total	Restricted	Total funds	Totalfunds
2023	funds	funds	fund	Unrestricted	funds	2023	2022
				funds
	E		f	E	E	E	E
Debtors	1,929			1,929	268,428	270,367	119,481
Deposits	200,000			200,000		200,000	200,000
Cash	271,816	38,648		310,464	(92,334)	218,130	297,917
Ct'editors	(31,895)			(31,895)	(150,702)	(182,597)	(118,087)
Provision			369000	369000		369000	992000
	441 850	38648	369000	111498	25392	136,890	492689

	Unrestricted	Designated	Pension	Total	Restricted	Totalfunds	Total funds
2022	funds	funds	fund	Unrestricted	funds	2022	2021
				funds
	E			f	E
Debtors	35,478			35,478	84,003	11a,481	200,344
Deposits	200,000			200,000		200,000	200,000
Cash	224,111			262,759	35,'l58	297,917	367,392
Creditors	(35,949)			(35,949)	(82,138)	(118,087)	(270,013)
Provision			992000	992,000		aa2 ooo	1 291000
	423 640	38648	992000	529 712	37,023	492 689	793277

totes to the fina	totes to the fina	ncial statem	ents for the	year ended	31 March	2023
Note 20 - Movemsnt		in funds
			Balance	Incoming	Resources	Transfers	Balance
2023			31/03/2022	resources	expended	between	31/03/2023
						flUlde
Unrestricted funds
Designated funds			38,648				38,648
Other unrestricted funds:
General Fund and	Other income		447,090	347,094	(278,847)	(40,810)	474,627
Health Watch			12,499	5,000	(5,000)	(12,499)
Energy Advice Programme				30,210	(31,037)	827
Legal Aid Agency	Housing		(35,949)	77,761	(74,489)		(32,677)
Other Unrestricted	Funds		423,640	460,065	(389,373)	(52,482)	441,860
Defined benefit nsion scheme			992000		623 000		369000
Total unrestricted funds			529 712	460 065	233627	52482	111 98
Restricted Funds
PensionWise				458,103	(456,103)
Debt Free London				269,669	(304,755)	35,086
Reaching Communities			27,646	44,113	(71,759)
Henry Smith Charity			9,189	19,025	(28,214)
Trust for London			28	46,000	(46,028)
EU Settlement Grant				19,623	(30,967)	11,344
City Bridge Trust			160	67,628	(67,628)	(160)
Energy Msx				127,967	(121,0SS)		6,868
SWL St George's NHS Trust				91,426	(97,090)	5,684
Debt First Aid				22,593	(22,929)	336
Food Bank Project				22,887	(23,099)	212
Ukrainian Refu es	su	rt		53415	34891		18624
Total Restricted Funds			37023	1 242 449	1 306562	52482	26392
Total funds			492689	1,702 514	1 072935		136890

Total funds 492689 1,702 514	Total funds 492689 1,702 514	Total funds 492689 1,702 514	Total funds 492689 1,702 514	Total funds 492689 1,702 514	1 072935		136890
Transfers have been made to reallocate costs charged to restricted funds					and to cancel	the designation	offunds for
the Building Repair and Redecoration		Fund.
Comparative information	for the movement		in funds is as follows:
			Balance	Incoming	Resources	Transfers	Balance
2022			31/03/2021	resources	expended	between	31/03/2022
Unrestricted funds
Designated funds			38,648
Other unrestricted funds:
General Fund and Other	Income		434,980	481,966	(414,438)	(55,398)	447,090
Health Watch			2,368	20,000	(9,869)		12,499
Energy Advice Programme				10,750	(13,855)	3,105
L al Aid A en Housin			14536	46704	68 117		36949
Other Unrestricted Funds Define benefit nsion scheme			422,792 1,291,000	559,420	(506,279) 299,000	(52,293)	423,640 992000
Total unrestricted funds			829 560	559,420	207 279	52,293	629712
Restricted Funds
PsnsionWise				471,797	(472,376)	579
Debt Free London			(217)	358,275	(409,655)	51,597
Reaching Communities			27,281	125,274	(124,909)		27,646
Henry Smith Charity			9,219	45, 125	(45,155)		9,189
Trust for London				46,000	(45,972)		28
EU Settlemsnt Grant				34,774	(34,782)	8
Help to Claim Project				30,045	(30,059)	14
City Bridge Trust				65,000	(64,840)		160
Kickstait				21,979	(22,074)	95
Ene Max				8030	8,030
Total Restricted Funds				1 206 299	1 257 852	52,293	37023
Total funds			793277	1765719	1 465 131		492889