SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
Pa
Management committee's report
2-12
Auditors. report
13-16
Statement of financial attivities
17
Balance sheet
18
Notes to the financial statements
19-29
Reglstered charlty number- 1066392
Company number- 3469233
SOUTH eRISTOI

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ort of the Mana
ement Commlttee for
ear ended 31 March 2024
The Management Committee presents its report and financial statements for the year ended
31 March 2024. Due to the Management Committee's 5tatU5 as directors under the
Companies Act 2006, and Trustees under the Charities Act 2011, this report constitutes a
directors, report as required by the Companies Act 2006 and a trustees, report as required bv
the Charities Art 2011 and has been prepared takin8 advantage of the exemptions conferred
by Part 15 of thi5 act.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association, and 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
IFRS 1021 (effective l January 20191, and with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFR5 1021.
OBJEcfs AND AcfiviTIES
The objects of the charity are the promotion of any charitable purposes for the benefit of
people living in South Bristol, through the advancement of education, the protection of
health, and relief of poverty, sickness. and distress.
The charity sought to further these object5 for the year through the provision of information
advice and advocacy as summarised below.
Our generalist servlce offers informatlon, advlce and advocacy and we have a wide referral
network that includes many external agencies, support groups and medical Services. We also
have internal referrals to our specialist welfare benefits and debt team. We have the Advice
Quality Standard IAQSI for Debt and Welfare Benefits, and we are members of Advice UK.
The trustees have had due regard to the Charity Commission guidance on public benefit in
deciding what activities we should undertake and confirm that all our activities are
undertaken to further our charitable purposes for the public benefit.

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
ort of the Mana
ement Committee for
ear ended 31 March 2024
cont.
ACHIEVEMENT AND PEFORMANCE
South Bristol Advice Services has had another successful year, working on behalf of our
service users Iclientsl to ensure that they receive the financial support in line with their
entitlement5, Wlth regard to their specific circumstances and in accordance with their
circumstances. We have seen many clients that do not usually require our help but due to the
continuing cost of living crisis they are being adversely affected.
Servlce Provlslon
Natlonal Lottery Community Fund
COMMUNITY
FUND
For rnany years we have struggled each year to provide the South Bristol Community with
Welfare Benefit Advice and Advocacy. In 2021 we were successful in our bid to the National
Lottery Community Fund. This has enabled usto complete the year without the stress of
potential loss of hours or redundancy for our team and the loss of service to our community.
This award has been successfully uplifted by 25 % to allow for c05t of Living additional costs
and to develop and run services that will benefit the communities we work in.
Thank You to
We remain grateful to Bristol City Council, trusts and foundations and charities for keeping
our project work going and allowing 2000 Plus Service Users a year to receive help to
maximise their income, help them deal with the cost of living with a disability, help deal with
debt, to prevent homelessness and Hunger. The majority of our clients are vulnerable due to
disability with 70% of our clients identifying as having a disability or Health issue.
Wessex Water
Bristol water
Quartet Cornmunlty Foundationlchapman Famity Fund /Alfred Hlll Fund
Nlsbet Trust
Trusthouse
Independent Age
Advice UK
Awards For all

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
rt of the Mana
ement Committee for
ear ended 31 March 2024
cont.
The following Charts show South Bristol Advice Services performance and achievements in
the past year.
Please note over 2,0(J) clients have been provided with one-off advice, fact sheet5, the use of
a computer or a phone, or the contact details of another organisation.
Opened and Closed 2023 24
Open
Closed
35. 2%
Disability 2023 - 2024
19, 1%
,17%
Cognitwe
None
439.
Mental Health issue
Physical Disability
Sensory
Mental and Physical
25%
37*

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT ANO FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
rt of the Mana
ement Committee for
eaf ended 31 March 2024
cont.
Case Opened by Matter 2023 -2024
io
DEbt
General
Housing
AttendeD￿ All¢)wance
Financial Gains 1st April 2023 to 31st
March 2024 £3. 177,610
Bristol Water Schemes
Cwers Alk)w•
E24,039
Charitable Payment IFod
Bonk
DRO
£89,162
£16.140
295
£8.200
•DHP
738,646
Debt Wrfte Off
£34,983
DLA CDLA
ESAContrlbutlon Based
£679,4
uc
FensSon credlt £19,887
£29,117
PIP r2Mew5 back d4tes
£907834
£23,S62
SDP
£90.189
£108,240
Bankruptty
£20,115
£19,888
pip new clwm
£96,949
Other 8en ef

SOUTH BR15TOL ADVICE SERVICES
LIMITED BYGUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
rt ol the Mana
ement Committee for
ear ended 31 March 2024
cont.
3.0%
Initial Contact 2023-2024
32. 2%
59, 4%
21, 1%
Fa￿ to Fate in ￿rsOn
Phone Advice line Answer
Machine
9. 17%
Referral
email
Home Visit
.32%
webslte
post
Clients by Age 2023-2024
42,3%
3, 19%
17-24
112>34
413.
3&49
5(k64
37%
65

SOUTH BRISTOL ADVICE SERVICES
UMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re ort of the Mana
ement Committee for
ear ended 31 March 2024
cont.
Gender
2023-24
• Male
535
Female
Pref nor 10 Say
Tr3n5/orher
Pro
ect Work
Our projects are designed to help the most vulnerable clients, the emphasis being on
maximising and preventing the loss of income and preventing the escalation of poverty and
lor debt due to clients not havin8 the capacity to fully understand their rights as to additional
income due to their illness or disability.
The current political climate and the portrayal of Welfare Benefit clients in the media has led
to many of our clients in particular who have mental issues or who are older, from pursuing
claims and appeals.
We use our community contacts and our long-term contacts through our local network and
referral to seek the most vulnerable and hard to reach members of our community.
We have recently seen an upsurge in clients with a disability in that 70 % of our clients are
those with a Disability or Long-Term Illness.
The Older Peoples Disability and Income Maximisation Projert
The project was part funded through Trusthouse who awarded us 3 years of funding for this
project.
We had no specific Funding for our Mental Health -additional support Welfare Benefit but we
were funded for Welfare Benefit via our National Lottery Community Funding.

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
ort ofthe Mana
ement Committee for
ar ended 31 March 2024
cont.
PLANS FOR THE FUTURE
South Bristol Advice Services are working on an Early Help Project. This was started up last
year and although funding has not been entirely successful. we are haI￿aY there to
establishing the project. It was delayed by the advent of the cost-of-living crisis which is being
dealt with in the same manner. The Project will help c5ients before their 51tuation escalates to
crisis level, The form filling day has been partially funded by Quartet, The Alfred Hill Fund and
Bristol Wessex Water.
We are looking for funders with whom we have hlstory for some 3-year rounds of awards.
This would improve the sustainability of the projects. Our projects are created by the need we
observe and from evidence through our Data Base.
We remain committed to providing Advice and Assistance to the South Bristol Community
and are along with the Management Committee to review our Funding strategy in the coming
months to take into account the impact of the cost-of-living cri51S.

SOUTH BRISTOL ADVICE SERVICES
LIMITED BYGUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
ort of the Mana
ment Commlttee for
ear ended 31 March 2024
cont.
GENERAL INFORMATION
Accountants & Audit015
Burnside Chartered Accountants
61 Queen Square
Bristol
BSI 4JZ
Bankers:
Unity Trust Bank
4The Square
l Broad Street
Birmingham B15 IAR
Princlpal Add￿$$.
Withywood Centre
Queens Road
Withywood
Bristol B513 8QA
Management Commlttee:
Chalr
Treasurer
Members
Michael Manley
Christine Marcia
Anne-marie Rogers
Roger Carver
Key Personnel:
CEO:
Fran Begley FRSA LLB (Honsl Dip RSA Dip Ed
Flnance & adrninistration:
Supervlsors:
Gill Morri5
External -Karen Brown
Vacant- Welfare Benefits
Claire Weeks NVQ IAG Level 3
Scarlett Blair DRO Intermediary {until October 20231
Karen Mead NVQ IAG Level 3
James Clifford
Connie Champion
Vicki Dyer NVQ IAG Level 3 luntil March 20241
Claire Elson LLB IHonsl
Mia Hooper, Sam Chandrasakera
Hayley Massiah, Kirsty House
Claire Elson {until November 20231
Caseworkers:
Trainee Case workers
Debt advice asslstants
Volunteers

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
rt of the Mana
ement Commlttee for
ear ended 31 March 2024 {cont.I
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The or8anisation is a charitable company limited by guarantee, incorporated on 20th
November 1997.
The company was established under a Mernorandum of Association. which established the
objects and powers of the charitable company and is governed under its Articles of
Association. In the event of the company being wound up members are required to
contribute an amount not exceeding £5.
Recrultment and Appolntment of Management Commlttee
The directors of the company are also charity trustees for the purposes of charity law and
under the companls Articles are known as members of the Management Committee. Under
the requirements of the Memorandum and Articles of Association, the members of the
Management Committee are expected to serve for a period of I year. At the Annual General
Meeting all members resign and then may offer themselves {in person or by Proxyl for re
election.
SBAS periodically advertises in the Evening Post and The Journal for new members. We
encourage ex-service users to join the committee. Due to the nature of our work, and
potential for conflict of interest, current service users cannot be considered. The
management committee is well represented by its members to reflect the community we
serve and provides a broad skill mix. A list containing trustee's skills is up dated after each
AGM.
Training and indurtion
Most Trustees are familiar with the work of SBAS but are welcome to attend the office or
outreach to experience first-hand the day-to-day work. A set of fact sheets is sent to anv
potential member, which sets out and explains the rights and responsibilities of trustees.
Trustees are also offered attendance on training courses covering the responsibilities of
trustees and role of trustees. 2 current members have attended both courses.
Rlsk Management
The Trustees actively review the major risks, which the charity faces on a regular basis and
believe that maintaining the free reserve5 at the levels stated above will provide sufficient
resources in the event of adverse conditions. The trustees have also examined other
operational and business risks. which the charity faces and confirm that they have established
Systems to mitigate the significant risks. These are detailed below.
The office manual contains policie5 and procedures that have been put in place to ensure
with health and safety of staff, volunteers, clients, and visitors to the Service.
io

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIALSTATEMENTS
FOR THE YEAR ENDEO 31 MARCH 2024
Re
ort of the Mana
ement Commlttee for
ar ended 31 Maich 2024 (cont.}
A current bank statement and a trial balance sheet are produced at Management Committee
meeting5 SIX times per year to ensure that sufficient funding is in place for the current year.
Organlsational Strurture
SBAS ha5 a Management Committee. which comprises of up to 8 member5 who meet
monthly. At present the committee has 4 members from a variety of professional
backgrounds relevant to the work of the charity. Day-to-day management of the organisation
is by the Manager, Fran Begley, under the direction of the Management Committee, and
supported by the team.
TRAINING
SBAS takes training very seriously and all staff have it written in the terms of their contracts,
that they have to attend at least 3 training or updating course per year.
One of our Debt Advisers are DRO intermediaries, and two are working towards attaining
certification.
Our Staff and volunteers attended a range of courses on a spectrum of issues in debt and
welfare benefits.
The training and on the job experience that SBAS offers not only enables more service
delivery by local people for local people to enable them to achieve a range of easily
transferable skills and qualifications and is fundamental in moving volunteers into paid work.
This contributes to the regeneration of the community by increasing the skills and knowledge
of individuals allowing them to take a more active role in the community.
PUBLIC BENEFIT
The Charity Commission in its 'Charities and Public Benefit, Guidance requires that there are
two key principles to be met in order to show that an organisation's aims are for the public
benefit.. first, there must be an identifiable benefit and secondly, the benefit must be to the
public or a section of the public.
South Bristol Advice Service aims to benefit the public directly by the provision of free
independent, confidential and impartial generalist and specialist advice services to members
of the public. Our clients come from wards of South Bristol.
li

UTH ORISTOL AOVICE SERVICES
LIMITEO BY
UARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR EPIDED 31 MARCH 2024
Re rtofthema
ement Commltt for
aren
March 2024 (Co￿.)
FINAt4CIAL POSITION OF THE CHARITY
The charity's rnain funding comes from two sour¢es'. a core Brant from 8ristol Clty Council.
and a grant from the Money Advice Service.
At 31 March 2024 the charity had net assets 01 £220.309. of whSch £179.657 were
unrestri¢ted funds. Movements in restrirted funds are shown in note 10 to the atcounts.
RESERVES POUCY
The Trustees have Established a policy whereby the unre5tri¢ted lynds not tommittèd or
invested in tangible fixed as5et5 1.the free reserves") held by the char5ty should be three
months of the total resources expended, which currently equates to approximately £84.OlXI
based on the 2024125 budget. At this level, the management committee feel that they would
be able to continue the current aclivities of the charlty in the event of 3 significant drop in
fundin8. It would obviously be necessary to consSder how the funding would be replaced or
a¢tlvitle5 changed. The -free reserves. at 31 Mafch 2024 were £149,057.
TRUSTEES. RESPONSIBILITIES
The Trustees lMana¥erne￿t Commlttee members) are rpquired by company law to prepare
financial statements, which give a true and fair view of the state of affairs of the Charity at the
end of the financial perlod and of the Income and expenditure of the Charity for the period
ended un that date. In preparing those fin3n¢ial statements, the Trtsstees are required to=
Select suitable accounlin8 policies and apply them consistentlv
Make judgements and esiimates that are reasonable and prudent
Prepare the financial statements on a going con￿rn basis unless It Is inappropriate to
presume that the Charity will corbtinue in busTrne55
The Trustees are also responsible for keeplng proper accounting record5. which dTsclose with
reasonable accuracy at any time the linantial position of the Charity and to enable them to
ensure that the financial statements ¢omply with the Companie5 Act 21X)6. They ore alsQ
responsible for safeguarding the assets of the Charlty and hence for taking reasonable steps
for the prevention and detection of fraud and other irre8vlarlties.
Thi5 report has been prepared In accoidance wlth special provisions of Part 15 of the
Companies Act 2CK16 relat%ng to small ¢ompanles.
BY ORDER OF THE BOARD
0511&12<
Manalement Commlttee Memb•rlTNstee
Date
12

INDEPENDENT AUD￿oRs REPORT TO THE MEMBERS OF
SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
OPINIIJN
We have audited the financlal statements of South Bristol Advice Services Ithe "charitable compan￿)
for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the 8alance
Sheet, and the ￿lated notes. The financlal reporting framework that has been applied in their
￿￿paratIOn 15 applicable law and the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 1021.
In our opinion the financial statement5:
give a true and fair view of the state of the charitable company'5 affairs a5 at 31 March 2024
and of its incoming resources and application of resources, including its income and
expendlture, for the year then ended;
have been properly prepa￿d in accordance with the Financial ReK¥)rting Standard applicable
in the UK and Republic of Ireland IFRS 1021. and
have been prepared in accordance wlth the ￿qU1￿MentS of the Companies Act 2006.
This report is made solely to the company's members, as a body, in accordance with Part 16 of the
Companies Art 2006. Our audit work has been undertaken so that we mlght state to the company's
member5 those matters we are required to state to them in an auditor's report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the company and the company'5 members as a body, for our audit work, for thi5 report, or
for the opinions we have formed.
8ASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing IUKI ISSAS IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditorfs
responsibilities for the audit of the financial statements section of our report. We are independent of
the charitable company in accordance with the ethical requirements that are relevant to our audit of
the financial statements in the UK, including the FRCS Ethical Standard, and we have fulfilled our
other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
We have nothing to report in respect of the following matter5 in which the ISAS IUKI require us to
report to you where..
the trustees, use of the going concern basis of accounting in the preparation of the finantial
statements is nol appropriate- or
the trustees have not distlosed in the financial statements any Identlfled material
uncertainties that may cast significant doubt about the charitable company's ability to
continue to adopt the going con￿rn basis of accounting for a period of at least twelve months
from the date when the financial statement5 are authori5ed for issue.
13

INDEPENDENT AUDITORS REPORTTO THE MEMBERS OF
SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
OTHER INFORMATION
The other information comprises the information included in the annual report, other than the
financial statements and our audttorfs report thereon. The Iru5tees are responsible for the other
information. Our opinion on the financial statements does not cover ihe other information and,
except to the extent otherwise explicitly stated in our report, we do not express any form of assurance
conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwlse appears to be materially
misstated. If we identlfy such material incon51Stencie5 or apparent material misstatements, we are
required to determine whether there is a material misstatement in the financial statements or a
material misstatement of the other information. If, based on the work we have performed. we
conclude that there 15 a material misstalement of this other information, we are required to report
that fact.
We have nothing to report in this regard.
OPINIONS ON OTHER mA￿ERs PRESCRIBED BY THE COMPANIES A￿ 2006
In our opinion, based on the work undertaken in the course of the audSt:
the information given in the trustees, report, which includes the directors, report prepared for
the purposes of company law, for the financial year for which the financial statement5 are
prepared is con51Stent with the financial 5tatements,' and
the directors, report incllrded within the trustees, report has been prepared in accordance
with applicable leEal requirements.
MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
We have nothing to report in respect of the following matters where the Companies Act 2LK)6 requires
us to report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us,. or
the financial statements are not in agreement with the accountin8 records and returns,. or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for o*Jr audit.. or
the trustees were not entitled to prepare the financial statements in accordance with the
small companies regime and take advantage of the small companies, exemptions in preparing
the trustees, directors, report and from the requirement to prepare a strategic report.
14

INDEPENDENT AUDITORS REPORTTO THE MEMBERS OF
SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
RESPONSIBILMES OF TRusfEES
As explained more fulfy in the trustees, ￿spOnSIbl11t1eS statement set out on page 15, the trustees
(who are a150 the directors of the charitable company for the purposes of company lawl are
responsible for the preparation of the flnancial statements and for being satisfied that they give a true
and fair view, and for Such internal control a5 the trustees directors determine is necessary to enable
the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements the trustees are responsible for assessin8 the charitable
company's ability to continue as a going concern, disclosing, a5 applicable, rnatter5 related to Eoing
concern and using the @oing concern basis of accounting Unless the trustees either intend to liquidate
the charitable company orto cease operations, or have no realistit alternative but to do so.
AUDITOWS RESPONSIBILITIES FOR THE AVDIT OF THE FINANCIAL STATEMENTS
our objectives are to obtain reasonable assurance about whether the financial statements as a whole
a￿ free from materlal misstatement, whether due to fraud or error, and to issue an auditorfs report
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee
that an audit conducted in accordan￿ with ISAS IUKI will always detect a material misstatement when
it eMi5ts. Misstatements can arise from fraud or error and are considered material if individually or in
aggregate, they could reasonably be expected to inflLbence the economic decisions of users taken on
the basis of these financial statements.
IrregulaTltie5, including fraud, are instances of non-compliance with laws and regulation5. We design
procedures in line with our responsibillties, outlined above, to detect material misstatements in
respect of irregularities, including fraud. The extent to which our procedures are capable of deteLtinB
irregularities, including fraLbd is detailed below-
An understandinB of the legal and regulatory framework applicable to the charitable company was
obtained from the management and the trustees of the charrtable company. The audit team was
confirmed to have the appropriate competence and capabilities to identify non-compliance with the
framework. The audit plan considered the risk of irregularities, including fraud. An element of
unpredictability was built into our sample selection for audit tests. The risk of fraud over income wa5
mltigate(I to an acceptable level as all income is grant Income that is paid directly into the charitable
compan￿5 bank account by funders.. we agreed a risk-based sample of grant income to relevant
documentation and performed analyti￿1 procedures on income. The risk of misappropriation of the
charitable compan￿5 asset5 wa5 considered,. the charitable companws bank account balance was
tested and confirmed to relevant documentation, and expenditure was tested for validity by
substantive tests that included analytical procedures. Accounting estimates were considered as part
of our audit work.
15

INDEPENDENT AUDITORS REPORTTO THE MEMBERS OF
SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
A further description of our responsibilities for
Financial Reporting Councll's website at w
forms part of our audit report.
e audrt of the financial statements is located on the
.frc.or
auditorsres
This description
STEPHEN BURNSIDE FCA (Senior Statutory Audltorl
For and on behalf of
BURNSIDE
Chartered k¢ountants
& ststutory Auditor
61 Queen Square
Bristol
BSI 4JZ
Date:
41,,1
16

SOUTH BRISTOL ADVICE SERVICE5
LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
Fund5
Restricted Totsl funds
Funds
2024
Total f unds
2023
Note
INCOME FROM..
Grants and donations
220,280
187,131
407,411
314,198
TOTAL INCOME
220.280
187,131
407,411
314.198
EXPENDITURE ON:
Raising funds..
Costs of applying for grants
and donations
Charitable activitie5'.
Advice and information
14,724
14.724
13,325
168,888
138,891
307,779
253,466
TOTAL EXPENDITURE
183,612
138,891
322,503
266,791
Net income/ lexpenditurel
36,668
48,240
84,908
47,407
Transfers between funds
io
11,555
111,5551
Net movernent in funds
48,223
36.685
84,908
47.407
Reconciliation of funds..
Total funds brought forward
131,434
3,967
135,401
87.994
Total funds carried forward
179,657
40,652
220,309
135.401
The statement of f inancial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing artivities.
The notes on pages 19 to 29 form part of these accounts.
17

SOUTH BRISTOI ADVI
SERV
CE
IIMITE
ARANTE
8ALANCE SHEET
AT 31 MARCH 2024
2024
20
Notes
FIXED ASSETS
Tangible assets
16,534
4,075
CURRENT ASSETS
Debtor5
Cash at bank and in hand
1.758
244,833
9.308
180,269
246,591
189,577
CREDITORS.. Amounts fallSng due withln one year
142,8161
158,2511
NET CURRENT ASSETS
203,775
131,326
TOTAL ASSETS
220.309
135.401
THE FUNDSOF THE CHARITY..
Restricted
Unrestrlrted..
General
Designated
io
40.652
3.967
li
li
165,591
14,066
114,434
17,000
TOTAL CHARITY FUNDS
12
220,309
135,401
The accounts have been prepared in accordance with the special provision5 of Part 15 of the
Companie5 Act 2006 relatin8 to small companie5.
Approved by the Trustees on
and 518ned on their behalf by
CHRISTINE MARCIA
TRUSTEE ITREASURERI
Date
Company number.. 03469233
The notes on pages 19 to 29 form part of these accounts.
18

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
I.ACCOUNTING POLICIES
lal Accounting Convention
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 IFRS 1021 leffective l January 20191- (Charities 50RP
IFRS 10211, the Financial Reporting standard applicable in the UK and Republic of Ireland
IFRS 1021 and the Companies Act 2CKI6.
Ib} Going eoncern
At 31 March 2024, the charity had total funds of £220,30912023 - £135,401). Restricted
funds amounted to £40,652 12023 - £3,967). The free reserves of the charity, being
unrestricted general reserves less designated funds less fixed assets held in general
reserves, totalled £149,057. The target for free reserves is to hold 3 months of total
expenditure, which currently equate5 to around £84,0(KJ.
The charity has prepared a budget and cashflow forecast for the year ended 31 March
2025 which shows that the charity has forecast a small Surplus for the year of around
£20,000. This initial budget does not include funding applications that are pending
decision.
The management committee therefore have a reasonable expectation that the charitv
will be in operation 12 months from the date of approval of these accounts and that the
charity remains a going concern. The accounts have therefore been prepared on a going
concern basis.
Icl Income
Donations and grants
Income from donations and grants, including capital grants. is included in incoming
resources when these are receivable, except as follows:
When donors specify that donations and grants given to the charity must be used
in future accounting periods. the income 15 deferred until those periods
When donors irnpose conditions, which must be fulfilled before the charity
becomes entitled to use such income, the income is deferred and not included in
incoming resources until the pre-conditions for use have been met.
19

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
I.ACCOUNTING POLICIES {continuedl
Icl Income (continued)
When donors specify that donations and grants, including capital grants, are for
restricted purposes. which do not amovnt to pre-conditions regarding entitlement, this
income is included in incoming resources of restricted funds when receivable.
Interest receivable
Interest is included when receivable by the charity.
Id} Expendlture
Expenditure is included in the Statement of Financial Activitie5 on an accruals basis,
inclusive of any VAT, which cannot be recovered.
Most expenditure is directly attributable to a specific activity and is allocated to that
activity. However, the costs of the managerfs salary have been allocated as follows
based on the time she spends on each activity..
Fundraising
Advice and information
33%
67%
It is believed by the trustees that the charities, only support costs are shown in
governance costs in note 3. There are no further support Costs as all costs can be
directly attributable to providing the charities specialist debt and welfare advice.
lel Operating leases
Rentals payable under operatlng leases are charged to the Statement of Flnancial
Activities incurred over the term of the lease.
In Tanglble fixed assets
The cost of tangible fixed a55ets is written-off by equal annual in5talments over their
expected useful lives as follows:
Leasehold improvements
Furniture, fixtures and equipment
10 years
4 years
Igl Debtors
Trade and other debtors are recognised at the settlement amount due after any trade
discount offered. Prepayment5 are valued at the amount prepaid net of any trade
discounts due.
20

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
Ihl Creditors and provislons
Creditors and provisions are recognised where the charity has a present obligation
resulting from a past event that will probably result in the transfer of funds to a third
party and the amount due to settle the obligation can be measured or estimated
reliably. Creditors and provisions are normally recognised at their settlement amount
after allowing for any trade
discounts due.
Funds accounting
Fund5 held by the charity are..
Unrestricted general funds- these are funds, which can be used in accordance with the
charitable objects at the discretion of the trustees.
Restricted funds
these are funds that can only be used for particular restricted
purposes within the objects of the charity. Restrictions arise when specified by the
donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to
the accounts.
til
Pension costs
The company operates a defined contribution pension scheme for employees. The
assets of the scheme are held separately from those of the company. The annual
contributions payable are charged to the profit and loss account.
21

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
COMPARATIVE YEAR STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Fund5
Restricted Total funds
Funds
2023
INCOME FROM:
Grants and donations
217,709
96,489
314,198
TOTAL INCOME
217,709
96,489
314,198
EXPENDITURE ON:
Raising funds..
Costs of applying for grants
And donations
Charitable activities:
Advice and information
13,325
13,325
161,550
91,916
253.466
TOTAL EXPENDITURE
174,875
91,916
266,791
Net income/ lexpenditurel
42,834
4,573
47,407
Transfers between funds
606
16061
Net movement in funds
43,440
3,967
47.407
Reconciliation of funds:
Total funds brought forward
87,994
87,994
Total funds carried forward
131,434
3,967
135,401
22

SOUTH BRISTOL ADVICE SERVICES
LIMITED BYGUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontlnuedl
GRANTS AND DONATIONS RECEIVABLE
During the year, the following grants and donations have been received from the following
organisations..
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Bristol City Council Partnership Fund
Bristol City Council - Cost of Living Fund
Money and Pensions Service
National Lottery Community Fund
Trusthouse Charitable Foundation
Wessex Bristol Water
European Union Settlement Scheme
Quartet Foundation Alfred Hill Fund
The Nisbett Trust
Advice UK
Independent Age Cost of Living Fund
Citizens Advice Household Support Fund
Computers and Modernisation Fund
Other grants and donations
35,857
35,857
35,857
8,483
147,324 152,638
85,726
64,021
4,664
12,402
39,990
10,593
1,106
8,350
7.500
12.000
2,0(M)
147,324
85.726
4,664
18,540
1,106
21,450
12,(M)O
12,(
26,000
19,660
10,000
22,435
2,649
25,000
19,660
10,000
22.435
2,649
354
220,280
187,131 407,411 314.198
TOTAL EXPENDbTURE
Other
Direct
ost
Staff
Costs
Total
2024
Total
2023
Costs of applying for
grants and donations
Advice and information
14.724
232,705
14,724
13,325
75,074 307,779 253,466
247,429
75,074 322,503 266.791
23

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 fvIARCH 2024 Icontinuedl
TOTAL EXPENDITURE Icontinuedl
OTHER DIRECT COSTS
Total
2024
Total
2023
Grants paid
Information and resources
Professional fees
Office costs
Staff and volunteers, training and expenses
Depreciation
Rent and premises costs
Audit and accountancy fees
500
7,077
2,436
14,443
3.048
3,107
17.901
10,083
9,362
3,972
29,321
2,914
2,234
18,937
8.334
75,074
58,595
NET INCOME FOR THE YEAR
2024
2023
This is stated after charging:
Depreciation of owned assets
Auditors, remuneration
Audit
Non audit
2,234
3,107
5,8(K)
2,534
5,500
4,583
24

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
STAFF COSTS AND TRUSTEES, REMUNERATION
Staff cost5 were as follows..
2024
2023
Wage5 and salarie5
Employer's National Insurance
Pension costs
227,318 190,254
12,248
10,993
7,863
6,949
247.429 208,196
No employee earned £60,000 p.a. or more. The average number of employees during
the year wa5 912023 - 91. No remuneration was paid to the Trustees. No expenses
were reimbursed to Trustees. The centre manager total emoluments, including
employerfs pension contribution. in the year were £40,19612023- £36,482).
There are no related party transaction5 to report in the period.
TANGIBLE ASSETS
Fixtures,
Fittings and
ui
Leasehold
rovements
Total
COST
At l April 2023
Additions
4,200
10,800
44,432
3,893
48,632
14,693
At 31 March 2024
15,000
48,325
63,325
DEPRECIATION
At l April 2023
Charge for the year
1,680
690
42,877
1,544
44,557
2,234
At 31 March 2024
2,370
44,421
46,791
NET BOOK VALUE
At 31 March 2024
12,630
3,904
16.534
At 31 March 2023
2,520
1.555
4.075
25

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
DEBTORS
2024
2023
Other debtors
Fees and grants receivable
1,758
3,537
5,771
1,758
9,308
CREDITORS
2024
2023
Amounts falling due within one year..
Trade creditors
Taxation and social securlty
Accruals
Other creditors
Deferred income
1,316
8,325
7.21x1
250
25,725
4,504
3,878
6,540
250
43,079
42,816
58,251
26

0￿rn￿
OLriO
¢ ¢g¥

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
10. RESTRICTED FUNDS Icontinuedl
Restricted funds of £40,652 at the year-end are made up of cash.
Com
uter5 and Modernisation Fund
Grant to provide funds for new computers and modernisation of the charit(s offices.
Welfare adviser
This grant from The National Lottery Cornmunities Fund is to fund welfare advice.
Over 55 advice
Grants to provide advice to over 55$ that suffer disabilities or mental illness.
Euro
ean Union Settlement Scheme
Funding to help EU citizens to obtain the right of residency in the EU after BREXIT.
Cost of Livin
fund
Grant from Bristol City Council to fund salary costs of advisor to provide advice on issues
arising from the Cost-of-Living crisis.
DRO fund
Grant to cover administration costs of making DRO applications.
Financial ca abilit fund
Grant from Wessex Water to fund income maximi5ation sessions, mainly around benefits.
Inde
endent A
Grant from Independent Age towards the older peoples assisted income maximisation,
disability, benefits and debt project.
Household Su
ort
Grant from Citizens Advice Bristol to fund household Support sessions and coffee mornings
for communities across Bristol who are acutely affected by the cost-of-living crisis.
11. UNRESTRicfED FUNDS
Total
IT Unrestricted
Fund
Funds
General Fundraising
Fund
Fund
Training
Fund
Balance blfwd
114,434
iO,(KJ)
3,000
4,000
131,434
Income
220,280
220,280
Expenditure
1170,6781
(lo,￿)
12471
12,6871
1183,6121
Transfers
1.555
io.ThJo
11,555
Balance clfwd
165,591
10,000
2,753
1,313
179,657
The Fundraising designated fund was allocated to fund part of the cost of applying for grants
in 2023124. The fund was expended in the year.
28

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
11. UNRESTRicfED FUNDS Icontinuedl
The training fund is allocated for training for new staff that are planned to be engaged in
2024125.
The IT Fund is allocated for new equipment for the planned new staff.
12. ANALYSIS OF NET ASSETS BETWEEN FUNDS
At 31 March 2024 net assets were held in the following funds.
Restricted Designated
Funds
Funds
General
Funds
Total
Funds
Fixed assets
16,534
16.534
Net current assets
40,652
14.066
149,057
203,775
Net assets
40,652
14,066
165.591
220,309
29