SOUTH BAISTOL ADVICE SERVICES
LIMITED BY G
ARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDE
IMA
CH 2024
CONTENTS
Pa
Management committee's report
2-12
Audltors, report
13-16
Statement of flnanclal activlties
17
Balance sheet
18
Notes to the flnanclal statements
19-29
Reglstered charlty number - 1066392
Company number- 3469233
SOLifH JR15TOI
D'aicl S£kviC£S

SOUTH BRISTOL ADVICE SERVICES
LIMITEO 8Y GUARANTEE
REPORT AND FINANaAL 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 Mana8ement Committee's status as directors under the
Companles Act 2006, and Trustees under the Charitles Act 2011, thls report constitutes a
directors, report as required by the Companies Act 2006 and a tru5tees' report as required by
the CharitSes Act 2011 and has been prepared taklng advantage of the exemptlons conferred
by Part IS of this act.
The financial statements comply wlth the Charitles Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association, and Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charitles preparin8 their accounts in
accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland
(FRS 102) leffectlve l January 2019>, and with the Financial Reporting Standard applicable in
the UK and Republlc of Ireland IFRS 102).
OBJECTS AND AcfiviTIES
The objects of the charlty are the promotlon of any charltable purposes for the beneflt of
people livin8 in South Bristol, throu8h the advancement of educatlon, the protection of
health, and rellef of poverty, sickness, and distress.
The charity sought to further these objects for the year through the provision of information
advice and advocacy a5 5umrnarised below.
Our 8enerallst service offers information, advice and advocacy and we have a wlde 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 {AQSJ for Debt and Welfare Benefits, and we are members of Advice UK.
The trustees have had due regard to the Charity Comrnission 8uidance on public beneflt In
decidin8 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
DED
Re
ana
ement Comml
eef
ar
nde
l Mar¢
2024
cont.
ACHIEVEMENT AND PEFORMANCE
South Bristol Advice Services has had another successful year, workln8 on behalf of our
servlce users {cllentsl to ensure that they recelve the financial support In Ilne wlth thelr
entitlements, with regard to thelr specific circumstances and In accordance with thelr
clrcumstances. We have seen many client5 that do not usually require our help but due to the
contlnuln8 C05t of Ilvlng crlsls they are beln8 adversely affected.
Servlce Provlslon
Natlonal Lottery Communlty Fund
COMMUNITY
FUND
For many years we have struggled each year to provlde the Sotsth Brlstol Communlty wlth
Welfare Benefit Advlce and Advocacy. In 2021 we were successful In our bid to the Natlonal
Lottery Communlty Fund. Thls has enabled us to complete the year wSthout the stress of
potentlal loss of hours or redundancy for our team and the10s5 of service to our community.
This award has been suttessfully upllfted by 25 % to allow for cost of Llvlng additlonal costs
and to develop and run servlces that wlll beneflt the communities we work In.
hank
We rernaSn grateful to Brlrtol Clty Coun¢ll. trusts and loundatlons and charltles for keeplng
our project work golng and allowlng 2000 Plus 5ervlce User5 a year to recelve help to
maxlmlse their Income, help them deal with the cost of living wlth a dlsablllty, help deal wlth
debt, to prevent homelessness and Hunger. The majority of our cllents are vulnerable due to
disability with 70% of our clients identlfying a5 havin8 a disability or Health issue.
Wessex Water
Brlstol water
Quartet Communlty Foundatlon/Chapman Famlly Fund IAlfred Hlll Fund
Nlsbet Trust
Trusthouse
Independent Age
Advlce UK
Awards For all

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ofhemna
emen
Com
eare
March 2
24
con
The following Charts show South Bristol Advice Servlces performance and achlevements In
the past year.
Please note over 2,000 clients have been provlded with one-off advlce, fact sheets, the use of
a computer or a phone, or the contact detalls of another cr8anlsatlon,
Opened and Closed 2023 24
• Open
Closed
35. 2%
Dlsablllty 2023 - 2024
19, 1%
• Coqnil￿e
11 None
Mental Health issue
Physical Dlsablllty
• Sensory
Mental and Physical

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT ANO FINANCIAL STATEMENTS
FORT
E YEAR EhtDE0 31 MARCH 2024
Re
th Mana
emen
Comml
efor
ear end
l M rch 2024
cont.
Case Opened by Matter 2023-2024
io
Debi
• wo eer*fit5
• G•n•ral
. Hous1
AtteTrden￿ AIIN•nce
Flnanclal Galns 1st Aprll 2023 to 31st
March 2024 £3. 177,610
Brfitol Water5chern•s
• Cwers Alklwance
£24,039
Chadtable P•ymert IFod
Bank
•DRO
£89,162
£16,140
£8,200 1 omp
738,646
Debi wrft¢ ¢yI
£34,983
DLACDL4
ÉSAContnb￿lQTr Based
•uc
pension credlt £19,887
£29.117
PIP le￿¢w$ back date5
£23,562
SDP
£9Q.189
E108,240
8arthruplcv
£20.115
£19,888
plp new dalm
£96,949
Other Ber) ef

SOUTH BRIS
LAD
ICE SERVIC
LIMITE
BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
FOR THE
EAR ENDED 31
RCH 2024
rt of the Mana
men
Comrnltt e for
ear ended 31 March 2024
conL
Inltial Contact 2023-2024
32. 2%
59, 4%
21, 1%
• Face to Face In person
• Phone Advlc¢ Ilne Answer
Machlne
• Aeferral
• emall
• Home Vlslt
• website
post
Clients by Age 2023 -2024
42, 3%
17.24
• 2>34
113>49
• 5&64
•69

SOUTH BRISTOL ADVICE SERVICES
LIMITEO BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
OR THE YEAR ENDED
IMAR
of the Mana
ment C
mmlttee for
ear
nd d 31 March 2
24
on
Gender
2023-24
Fenial•
Pr•fnor w sav
Tr1D51￿h¢r
ect Work
Our projects are desl8ned to help the most vulnerable cllents, the emphasis beln8 on
maximlslng and preventln8 the loss ot Income and preventln8 the escalatlon of poverty and
lor debt due to clients not havln8 the capaclty to fully understand thelr rlghts as to addltlonal
Income due to their illness or disabllitv,
The current politlcal ¢llmate and the portrayal of Welfare Benefit clients In the media has led
to many of our cllents In partlcular who have mental Issues or who are older, from pursulng
clalms and appeals.
We use our community contacts and our long-term contacts through our local network and
referral to seek the rnost vulnerable and hard to reach members of our communlty.
We have recently seen an upsurge In clients wlth a dlsablllty In that 70 % of our cllents are
those wlth a Dlsablllty or Lon8-Tem) Illness.
The Older Peoples DlsabllSty and Income Maxlmlsatlon Project
The project was part funded through Trusthouse who awarded us 3 year5 of funding for thi5
project,
We had no Specific Funding for our Mental Health -additional sUPPOrt Welfare Benefit but we
were funded for Welfare Benefit via our Natlonal Lottery Community Fundlng.

SOUTH 8RISTOL ADVICE SERVICES
LIMITED 8Y GUARANTEE
REPORT ANO FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 MARCH 2024
rt of the Mana
ement Commlttee for
ear ended 3
March 20
nt.
PLAN5 FOR THE FUTURE
South Bristol Advice sen￿lce5 are working on an Early Help Project. This was started up last
year and althou8h funding has not been entirely successful, we are halfway there to
establishlng the project. It was delayed by the advent of the cost-of-llving crisis whlch Is being
dealt with in the same manner. The Project will help cllents before their situation escalates to
crlsis level, The form flllln8 day has been partially funded by Quartet, The Alfred Hlll Fund and
Bristol Wessex Water.
We are looking for funders wlth whom we have history 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 evldence through our Data Base.
We remaln commltted to providlng Advlce and Assistance to the South Brlstol Community
and are along with the Management Committee to review our Fundin8 Strategy In the coming
months to take Into account the impact of the cost-of-living crisls.

SOUTH BRISTOL ADVICE SERVICE5
LIMITED BY GUARANTEE
REPORT AND FINANCIAL STATEMENTS
THE YEAR ENDED
IMAR
H 2024
Re
ort of the Mana
rnent Cornmlttee for
ear ended 31 March 2024
cont.
GENERAL INFORMATION
Accountants & Audltors
Burnside Chartered Accountants
61 Queen Square
Bristol
esi 4JZ
Bankers:
Unlty Trust Bank
4 The Square
l Broad Street
Birmlngham B15 IAR
Prlnclpal Address:
Withywood Centre
Queens Road
Withywood
Bristol BS13 8QA
Management Commlttee:
Chalr
Treasurer
Members
Michael Manlev
Christlne Marcia
Anne-marie Rogers
Roger Carver
Key Personnel:
CEO.,
Fran Begley FRSA LLB {Hons) Dip RSA Dip Ed
Flnance & admlnlstration:
Supervlsors:
Gill Morris
External -Karen Brown
Vacant- Welfare Benefits
Claire Weeks NVQ IAG Level 3
Scarlett Blair DRO Interrnediary (until October 20231
Karen Mead NVQ IAG Level 3
James Clifford
Connie Champion
Vicki Dyer NVQ IAG Level 3 (until March 2024)
Claire Elson LLB (Hons)
Mia Hooper, 5am Chandrasakera
Hayley Massiah, Kirsty House
Claire E150n (until November 20231
Caseworkers:
Trainee Case workers
Debt advlce asslstants
Volunteers

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
REPORT ANO FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
ort of the Mana
ement Commlttee for
ear ended 31 March 2024 (cont.)
5fRUCTURE, GOVERNANCE AND MANAGEMENT
Governin8 Document
The organisation Is a charltable company limited by guarantee, Incorporated on 20th
November 1997.
The company was established under a Memorandum 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 bein8 wound up members are required to
contrlbute an amount not exceeding £5.
Recrultment and Appolntment of Management Commlttee
The dlrectors of the company afe also charlty trustees for the purposes of charity law and
under the companls Artlcles are known as members of the Management Commlttee, Under
the requirements of the Memorandum and Articles of A550ciation, the members of the
Management Committee are expected to sefve for a period of l year. At the Annual General
Meetlng 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 user5 to join the committee. Due to the nature of our work, and
potential for conflict of interest, current servlce users cannot be consldered. The
management committee is well represented by it5 members to reflect the communlty we
serve and provide5 a broad skill mix. A list contalnlng trustee's skills Is up dated after each
AGM.
Tralnlng 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 any
potential member, which sets out and explains the right5 and responsibilities of trustee5.
Trustees are also offered attendance on training courses covering the responsibilities of
trustee5 and role of tiustee5. 2 current members have attended both courses.
Rlsk Management
The Trustee5 actively review the major risks, which the charity faces on a regular basis and
believe that maintaining the free reserves at the levels stated above will provide sufflclent
resources in the event of adverse conditions. The trustees have also examined other
operational and busine55 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 policies and procedures that have been put sn 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 FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Re
ort of the Mana
ernent Comrnlttee for
ear ended 31 March 2024 (cont.1
A current bank statement and a trial balance sheet are produced at Management Committee
meetin8S Six times per year to ensure that suff icient funding is in place for the current year.
Or8anl$atlonal Strurture
SBAS has a Management Cornmittee, which comprises of up to 8 members who meet
monthly. At present the commlttee has 4 members from a variety of professlonal
backgfounds relevant to the work of the charity. Day-to-day management of the organisation
is by the Manager, Fran Begley, under the directlon of the Management Committee, and
supported by the team.
TRAINING
SBAS takes tralnlng very seriously and all staff have it wrltten in the term5 of their contracts,
that they have to attend at least 3 trainin8 or updatin8 course per year.
One of our Debt Advisers are DRO intermediaries, and two are working towards attaining
certlfication.
Our Staff and volunteers attended a range of courses on a spectrum of issues in debt and
welfare benefits.
The trainlng 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 quallflcatlons and Is fundamental in moving volunteers into paid work.
Thls contributes to the regeneration of the communlty by Increaslng 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 principle5 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 seciion of the public.
South Bristol Advice Service aims to benefit the public directly by the provision of free
independent, confidential and impartial 8eneralist and specialist advice service5 lo members
of the public. Our clients come from wards of South Bristol.
li

IT
REPOAT ANO FINANCIAL STATEME14TS
arch 2024 Itoni,)
FINANaAL POSITION OF THE CHARITY
The charlty's main lundin8 comes from two sources.. a core Brant from 8rlstol Clty Council,
and a 8rant ffoffl the Money Advlce Service.
At 31 March 2024 Ihe charlty had nel assets of £220,309, of whlch £179,657 weie
unrestrlcted lunds. Movements in restrlcted funds are shown In not• 10 to the accounls.
RESERVES POLICY
The Trustees hav• establlshed J pollcy whereby th• unré$trlcted funds nat commltted or
Invested In ianilble flxed asset5 {"the free reserves") held by the charlty should be three
months of the total resoufces expended, which currently equates lo approxlmotely £84,0fy)
based on the 2024125 budget. At thls lèvel, the management commlttee leel that they would
b• able to contlnue the current activitles of the charlty In the event of a s18nificant drop In
fundln8. It would obvlously be necessary to conslder how the fundln8 would b• replaced or
4¢tlvllles chinBed. The 'fr¢e re5er¥es" It 31 March Z024 were £149,057.
TRUSTEES, IIESPONSI8ILITIES
The Trustees IMJnaBemenl Commlltee rnembers) are requlred by company law to prepare
financial staternents, which glve • true and falr view of the state of affairs ol the Charlty at the
end of the financial perkxl and ol the Income and expenditure ol the Charlty for Ihe perlod
ended cn that date. In preparln8 those financial statements, Ihe Trustees afe required to.,
select 5Ult¥ble accounlln8 pollcles and apply them con5i5tently
Make jud6¢menl5 and estlmates that Jre reasonable and prudent
Prepare the flnanclal statements on a goin8 concern basls unless It Is inappioprlate to
presume that ihe Charliy will continue In buslness
The fru5tee5 are also responslble for keeplng Proper accounting record5, which disc105e with
reasonable accuracy at any Ilme the flnancial posltlon of the Charity and to enable them to
ensure that the flnanclal statements comply wlth the Compatiles Act 21x16. They are also
responslble for safeguarding the issets of the Charltv and hence for taklng reasonable steps
for the preventlon and detecilon of fraud and other Irre8ularltle5.
This report has been prepared In accordance wlth speclal piovlslons of Part 15 of the
Companies Act 2006 relatin8 lo smjll companies.
8Y ORDER OF THE BOARO
0511%12<
M¥na£ernent Cornmlttee Memb¢rlTrustee
Date
12

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF
UTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
OPINION
We havÈ audited the flnanclal statement5 of South Brislol Advice SeNices (the "charitable companv'l
for the year ended 31 March 2024 which comprise the Statement of Financial Activities. the Balance
Sheet, and the related notes. The financial reporting framework that has been applied in their
preparatlon is applicable law and the Financial Reporting Standard appllcable in the UK and Republlc
of Ireland (FRS 102).
In our opinion the flnanclal statements:
Bive a true and fair view of the state of the charitable company's affair5 as at 31 March 2024
and of its incomin8 resources and appllcation of resources, includin8 Its income and
expenditure, for the year then ended;
have been properly prepared In accordance wlth the Flnancial Reportin8 Standard appllca ble
in the UK and Republic of Ireland IFRS 1021; and
have been prepared In accordance wlth the fequlrements of the Companles Act 2006.
This ￿pOrt is made solely to the company's members, as a body, in accordance with Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might state to the company's
members those malters we are requlred to state to them In an audrtor's report and for no other
purpose. To the fullest extent permltted by law, we do not accept or assume responsiblllty to anyone
other than the company and the company's members as a body, for our audit work, for this report, or
for the opinions we have lormed.
BASIS FOR OPINION
We conducted our audit in accordance with Internatlonal Standards on Audltin8 (UK} (ISAS (UKII and
applicable law. Our responsiblllties under those Standards are further described in the Auditor's
responslbilities for the audll of the flnanclal statements section of OUT report. We are independent of
the charltable company in accordance with the ethlcal requirements that are relevant to our audit of
the flnancial statements In the UK, Includln8 the FRC'S Ethical Standard, and we have fulfilled our
other ethical responsibilities In accordance wlth these requlrements. We believe that the audlt
evldence we have obtained is sufficienl and appropriate to provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
We have nothin8 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 goin8 Concern basis of accountln8 in the preparatlon of the f inancial
statements is not appropriate,, or
the trustees have not disclosed in the financial 5talements any Identified material
uncertainties that may cast Significant doubt about the charitable company's ability to
continue to adopt the goin8 concern basis of accounting for a period of at leasl fwelve months
from the date when the financial statements are authorised for i55ue.
13

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF
OUTH 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 auditorfs report thereon. The trustees are responsible for the other
information. Our opinion on the financial statements does not cover the other information and,
except to the extenl otheThvise explicitly slaled in our report, we do not express any form of assurance
conclusion thereon.
In connection with our audit of Ihe flnancial statements, our re5ponsiblllty Is to read the other
information and, in doin8 $0, consider whether the other informalion is materially inconsistent with
the financial statements or our knowledge obtalned in the audlt or otherwlse appears to be materially
misstated. If we identify such material inconsistencies or apparent materlal mi55taternents, V￿ are
required to determine whether there 15 a material mlsstatement in the financial statemenls or a
material rni$5tatement of the other information. If, based on the work we have performed, we
conclude that there 15 a malerlal mi55tatement of this other information, we are required to report
that fact.
We have nothln8 to report In this re8ard.
OPINIONS ON OTHER mA￿ER$ PRESCRIBED BY THE COMPANIES ACT 2006
In our opinion, based on the work undertaken in the course of the audit:
the informatlon given in the trustees, report, which includes the directors, report prepared for
the purposes of company law. for the flnanclal year for whlch the financlal statements are
prepared is conslstent with the financial statements.. and
the directors, report Included within the trustees, report has been prepared In accordance
wllh applicable le8al requlrements,
MA￿EftS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
We have nothlng to report ift respect of the following malters where the Companies Act 2006 requires
us to report to you if, in our opinion:
adequate accountin8 records have not been kept, or returns adequate for our audit hove not
been received from branche5 not Visited by us; or
the financlal statements are not in a8reement with the accountln8 records and returns: or
certain disc105ures of tru5tee5' rernuneration specitled by law are not made,. or
we have not received all the information and explanalions we require for our audit,. or
the trustee5 were not entitled to prepare ihe financial statement5 in accordance wlth the
small companies re8ime and take advanla8e of the small companies, exemption5 in preparin8
the trustee5' directors, report and from the requirement to prepare a strategic report
14

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF
SOUTH BRISTOL AOVICE SERVICES
LIMITED BY GUARANTEE
RESPONSIBILITIES OF TRUSTEES
As explained more fully in the trustees. responsibilities statement set out on page 15, the trustees
(who are also the directors of the charitable company for the purposes of company law} are
responsible for the preparation of the financlal statements and for belna satisfled that they give a true
and fair view. and for such Internal control as the trustees directors determlne 15 necessary to enable
the preparation of financial statements that are free from material mlsstatement, whether due to
fraud or error.
In preparing the financlal statements the truslees are responsible for assesslng the charitable
company's abllity to continue as a goin8 concern, disclosln& as applicable, matter5 related io 8oln8
concern and using the golng concern basis of accounting unless the trustees elther Intend to liquidate
the charitable company or to cease operations, or have no realistlc alternatlve but to do so.
AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF TtrIE FINANCIAL STATEMENTS
our objectives are to obtain reasonable assurance aboul whether the financlal slatements as a whole
are free from malerial misstaternent, whether due to fraud or error, and to Issue an auditorf5 report
Ihat Includes ovr opinlon. Reasonable assurance is a hi8h level of assurance, but is not a 8uarantee
that an audlt conducled in accordance with ISAS (UK) will always detect a material m1s5tatemenl when
It exists. Misstatements can arise from fraud or error and are consldered material If indlvldually or In
a88regate, they could reasonably be expeded to Influence the economlc decisions of users taken on
the basls of these financial statements.
ITre8ularities, including f raud, are instances of non.compllance wlth law5 and regulations. We desi8n
procedures In Ilne wlth our re5ponsiblltties, ouilined above, to detect material mlsstatements In
respect of irregularities, including fraud, The extent to which our procedures are capable of detectin8
irre8ularltles, Includln8 fravd is detailed below..
An understandlng of the legal and regulatory framework appllcable to the charltable company was
obtalned from the mana8ement and the trustees of the charltable company. The audit team was
conflrmed to have the approprlate competence and capabllllles to idenllfy non.compliance wlth the
framework. The audit plan consldered the rlsk of Irre8ularlties, Includlng fraud. An elernent of
unpredictability was btsilt Into our sample selectlon for audit test5. The rlsk of fraud over Income was
mltigated to an accepiable level as all income is grant income that is pald directly into the charitable
company's bank account by funders: we agreed a ri5k-ba5ed Sample of grant income to relevant
documentation and performed analytical procedure5 on income. The risk of misappropriation of the
charitable companvs assets Wa5 considered: the charitable company's bank accounl balance was
tested and confirmed to relevant documentation, and expenditure was tested for validiiy by
substantlve tests that Included analytlcal procedures. Accountlng estlmates were considered a5 part
of our audlt work.
Is

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF
SOUTH BRI
L ADVICE SERVICES
LIMITED BY GUARANTEE
A further de5crlption of our respon51bllitie5 for
Flnanclal Reportin8 Councll's website at
forms part of ouraudit report.
e audit of the financial statements is located on the
.frc.o
les. Thls descrlptlon
STEPHEN BURNSIDE KA Isenlor Statutory Audltor)
For and on behalf ol
8URNSIDE
Chartered Accountants
& Statutory Audltor
61 Queen Square
Brlstol
BSI 4JZ
Date:
41,,1
16

SOUTH BRISTOL ADVICE SERVICES
LIMITEO BY GUARANTEE
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
Funds
Restricted Total funds
Funds
024
Total funds
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:
Raisln8 funds..
Costs of applying for grants
and donations
Charitable actlvlties:
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/ (expenditure)
36,668
48,240
84,908
47,407
Transfers between fund5
10
11,S55
(11,555
Net movement 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 financial activities includes all 8ains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 19 to 29 form part of these accounts.
17

so
1ST
vi
Ll
BALANCE SHEET
AT JI MARCH 20
02
Notes
FIXEO ASSET5
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: Amounls fallln8 due wlthln one year
142,816}
158,251)
NET CURRENT AssErs
203,775
131,326
TOTAL Ntr ASSÉTS
220,309
135,401
THE FUNDS OF THE CHARITr:
Restrlthed
UnreStr1￿ed.
General
De$l8nated
io
40,652
3,967
li
li
165,S91
14,066
114,434
17,000
TOTAL CHARITY FUNDS
12
120,309
13S,401
The accounts have been prepared In a¢cord•nce wlth the speclal provlslons of Part IS of the
ornpanle5 Act 2006 relatln8 to small companles.
Approved by the Trustees on
and siined on their behalf by
CHRISTINE MARCIA
TRUSTEE (TREASURER)
Date
Company numbei., 03469233
The notes on pa8es 19 to 29 form part oi ihese account5.
18

SOUTH BRISTOL AOVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
I.ACCOUNTING POLICIES
(a) Accountln8 Conventlon
The flnanclal statements have been prepared In accordance with Accounting and
Reportin8 by Charities.. Statement of Recommended Practice applicable to charities
preparlng their accounts in accordance wlth the Financial ReportlnE Standard appllcable
in the UK and Republic of Ifeland IFRS 102) (effective l January 2019)- (Charities SORP
(FRS 102)), the Flnanclal Reportlng standard applicable in the UK and Republlc of Ireland
(FRS 102) and the Companies Act 2CK)6.
(b) Golng concern
At 31 Mafch 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
unrestrlcted general reserves less designated fund5 less fixed assets held in general
reserves, totalled £149,057. The target for free reserves Is to hold 3 months of total
expendlture, which currently equate5 to around £84,000.
The charity has prepared a budget and ca5hflow forecast for the year ended 3 1 March
2025 which show5 that the charity has forecast a small surplus for the year of around
£20,CKKI. Thls initial budget does not include funding applications that are pending
declsion.
The management committee therefore have a reasonable expectation that the charlty
w511 be in operation 12 months from the date of approval of these accounts and that the
charity remain5 a going concern. The accounts have therefore been prepared on a goin8
concern basis.
(c) Income
Donations and grants
Income from donations and 8rants, including capital grants, Is Included in incomlng
resources when these are receivable, except as follows:
When donors specify that donations and grants given to the tharity must be used
in future accounting periods, the income Is deferred until those periods
When donors Impose 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-condition5 for use have been met.
19

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTE5 TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontlnuedl
I.ACCOUNTING POLICIES Icontlnued)
Ic) Income Icontlnued)
When donors specify that donations and grants, including capital 8rants, are for
restricted purposes, whlch do not amount to pre-conditions re8ardin8 entitlement, thls
income is included in incoming resources of restricted funds when receivable.
Interest receivable
Interest is included when recelvable by the charity.
Id) Expendlture
Expenditure Is Included In the Statement of Financial Activities on an accruals basis,
inclusive of any VAT, whlch cannot be recovered.
Most expenditure Is directly attributable to a speclflc activity and Is alllxated 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
Advlce 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
dlrectly attributable to providln8 the charitles specialist debt a nd welfare advice.
(el Operatlng leases
Rentals payable under operating leases are charged to the Statement of Financial
Activities incurred over the term of the lease.
(f ) Tanglble flxed assets
The cost of tanglble flxed assets is written-off by equal annual Instalments over their
expected useful lives as follows..
Leasehold improvements
Furniture, fixtures and equipment
10 years
4 years
{gl Debtors
Trade and other debtors are recognised at the settlement amount due after any trade
discount offered. Prepayments are valued at the arnount prepaid net of any trade
discounts due.
20

SOUTH BRISTOL ADVICE
ERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (continued)
lhl Credltors and provislons
Creditor5 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 provlsions are normally ￿tognIsed at thelr settlement amount
after allowin8 for any trade
discounts due.
li) Funds accountln8
Funds held by the charity are:
Unrestricted general funds- these are funds, which can be used in accordance with the
charitable objects at the dlscretlon of the trustees.
Restricted funds
these are fund5 that can only be used for particular restrlcted
purposes within the objects of the charity, Restrictions arise when speclfied by the
donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund 15 included in the notes to
the accounts.
Penslon costs
The company operates a defined contribution penslon 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 8Y GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
R TH
YEAR ENDED 31 MAR
H 2024 (continued)
COMPARATIVE YEAR STATEMENT OF FINANCIAL ACTIVITIES
Unrestrlcted
Fund
Restricted Total f unds
Funds
2023
INCOME FROM:
Grants and donations
217,709
96,489
314,198
TOTAL INCOME
217,709
96,489
314,198
EXPENDITURE ON.,
Raising f unds:
C05ts of applylng for grants
And donations
Charitable actlvities:
Advice and information
13,325
13,325
161,550
91,916
253,466
TOTAL EXPENDITURE
174,875
91,916
266,791
Net incorne/ (expenditure)
42,834
4,573
47,407
Transfers between funds
606
(6061
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 8Y GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 {continuedl
GRANTS AND DONATIONS RECEIVABLE
Durlng the year, the following grants and donations have been re¢eive(I from the following
organisations:
Unrestricted
Funds
Restricted
Total
2024
Total
2023
Bristol City Councll - Partnership Fund
Bristol City Council - Cost of Living Fund
Money and Penslons Service
National Lottery Community Fund
Trusthouse Charitable Foundation
Wessex 8ristol Water
European Unlon Settlement Scheme
Quartet Foundation Alfred Hlll Fund
The Nisbett Trust
Advlce UK
Independent Age Cost of Living Fund
Cltlzens Advlce Household Support Fund
Computers and Modernisation Fund
Other grants and donation5
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
2,000
147,324
85,726
4,664
18,540
1,106
21,450
12,000
1,000
12,1)00
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 EXPENDITURE
Other
Direct
sts
staff
Costs
Total
2024
Total
Costs of applylng 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 ADVIC
SERVIC
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (continued)
TOTAL EXPENDITURE (continued)
OTHER DIREcf COSTS
Total
2024
Total
2023
Grants pald
Information and resources
Professional fee5
Office costs
Staff and volunteers, training and expenses
Depreciation
Rent and premise5 Costs
Audit and accountancy fee5
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
Thls Is stated after charging:
Depreciation of owned assets
Auditors, remuneration
Audlt
Non audit
2,234
3,107
5,800
2,534
5,500
4,583
24

SOUTH BRISTOL ADVICE SERVICES
LIMITED 8Y GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 Icontinuedl
STAFF COSTS AND TRUSTEES, REMUNERATION
Staff costs were as follows.,
2024
2023
Wages and salaries
Employerfs Natlonal 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 durin8
the year was 912023 - 91. No remuneratlon was pald to the Trustees. No expenses
were relmbursed to Trustee5. The centre manager total emoluments, includin8
employer's pension contrlbution, in the year were £40,19612023- £36,482).
There are no related party transactSons to report in the perlod.
TANG18LE ASSErs
Fixtures,
Flttings and
Leasehold
vements
COST
At l April 2023
Additlons
4,2CX)
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 ENDEO 31 MARCH 2024 (continued)
DEBTORS
2024
2023
Other debtors
Fees and grants receivable
1,758
3,537
5,771
1,758
9,308
CREDITORS
2024
Amounts falllng due wlthin one year..
Trade credltors
Taxation and social security
Accruals
Other creditor5
Oeferred income
1,316
8,325
7,200
250
25,725
4,504
3,878
6,540
250
43,079
42,816
58,251
26

?J
10 rl

SOUTH BRISTOL ADVICE SERVICES
LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241continued)
10. RESTRICTED FUNDS Icontinuedl
Restricted funds of £40,652 at the year-end are made up of cash.
Com
ut
and Moderni5
tion Fund
Grant to provide funds for new computers and modernlsation of the charitWs offices.
Welfare advi
ect
This grant from The National Lottery Communities Fund is to fund welfare advlce.
Over 55 advice
ro
ect
Grants to provide advice to over Sss that suffer disabilities or mental Illness.
Euro
ean Unlon Settlement Scheme
Fundin8 to help EU citlzens to obtain the right of residency In the EU after BREXIT.
ost of Livin
fund
Grant from Brlstol City Councll to fund salary costs of advlsor to provide advice on issues
arisifig from the C05t.of.Living crisis.
DRO fund
Grant to cover administratlon costs of makin8 DRO applications.
Flnancial
abllit fund
Grant from Wessex Water to fund Income maxlmlsation se5s1ons, mainly around benefits.
Inde
Grant from Independent Age toward5 the older peoples assisted Income maxlmlsatlon,
dlsability, benefits and debt project.
Household Su
ort
Grant from Citizens Advlce Bristol to fund household support sesslons and coffee mornings
for communities across Bfistol who are acutely affected by the cost-of-living crisis.
11, UNRESTRICTED FUNDS
Total
IT Unrestricted
Fund
Funds
General Fundraisin8
Fund
Fund
Tralnlng
Fund
Balance b/fwd
114,434
10,000
4,000
131,434
Income
220,280
220,280
Expenditure
1170,678)
iio,000)
(247)
12,6871 1183,6121
Transfers
1,555
10,000
11,555
Balance c/fwd
165,591
io,cKJo
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 (continued)
11. UNRESTRicfED FUNOS {continued)
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