SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CONTENTS
Management committee's report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
Page
2-14
15
16
17-18
19-29
Registered charity number - 1066392
Company number - 3469233
SOUTH BRISTOL
ADVICE SERVICES

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025
The Management Committee presents its report and financial statements for the year ended
31 March 2025. Due to the Management Committee's status 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 by the Charities Act
2011 and has been prepared taking advantage of the exemptions conferred by Part 15 of this
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
(FRS 102) (effective 1 January 2019), and with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102).
OBJECTS AND ACTIVITIES
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 objects for the year through the provision of information
advice and advocacy as summarised below.
Our generalist service offers information, advice 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 (AQS) 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.
2

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
ACHIEVEMENT AND PEFORMANCE
South Bristol Advice Services has had another successful year, working on behalf of our service
users (Clients) to ensure that they receive financial support in line with their entitlements, with
regard to their specific circumstances and in accordance with their circumstances.
We are seeing many clients that do not usually require our help, but due to the cost of living
and the changes to the Welfare Benefits through Migration to Universal Credit, they are being
adversely affected as the system is complex. The need for a phone and email and proofs of
identity are are putting many of our clients at risk of losing payments; the fact that rent is paid
with Universal Credit as Housing Allowance, also puts them risk of Homelessness.
Our community
Our community has most of the Local Super Output Areas (LSOAs) in Bristol. It is often
overlooked as having deprivation as the LSOAs are bordered by well-to-do areas.
The highest level of deprivation in Bristol at ward level are Hartcliffe and Withywood,
Hengrove, Whitchurch Park, and Lawrence Hill. Of the 34 LSOAs that make up the 10% lowest
income areas nationally, 17 are in South Bristol.
The 10 most deprived LSOAs (areas of approx. 1,500) are all in South Bristol; Hartcliffe and
Withywood, Whitchurch Park, and Knowle Hareclive.
3 highest people struggling financially by equality groups
Single Parents 30%
Black Ethnicity 24%
Disabled 21.5%
Income Deprivation Affecting Children
Bristol has 17,200 people who live in deprived households in 7 LOAs. 6 are in South Bristol
Whitchurch Lane is the 99'h most deprived area in England.
Health Deprivation & Disability
34 LSOAs are in the lowest 10% of deprivation in England. 21 of these are in South Bristol, 7 in
the Inner City, 4 in Noth and West Bristol, and 2 in East Bristol
3

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
The Following charts illustrate the work we have carried out on behalf of the community
Opened and Closed Cases 2024-2025
1666
1723
• Opened
• Closed
We have on average 350 cases open that we are working on at any one time.
Please note: Over 2,000 additional clients have been provided with one-off advice, fact
sheets, the use of a computer or a phone, or the contact details of another organisation
whose details are not recorded except by Tally Sheet.
Health & Disability 2024-2025
27
439
396
40
149
331
• Sensory
• Physical
~ Mental & Physical ill Health
• Mental I Health
• Health Issue
• Cognitive
• None
404
4

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE]
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
Over 70% of our clients have a Disability or Health Condition that affects their day-to-day life.
Clients By Age 2024-2025
421
155
254
286
480
• 0-16
• 17-24
• 25-34
• 35-49
• 50-64
• 65+
• Not Given
474
Gender 2024 - 2025
15-
13
• Female
• Male
• Prefer not to say
• Transgender

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
Cases Opened by Matter 2024-2025
127
155
716
• Debt
• Welfare Benefits
• Homelessness Prevention
• General
883
We have a growing number of older clients often due to them not having the internet or a
phone or computer and/or the complexity of claiming.
Initial Contact 2024-25
60
345
313
764
• Face to Face
• Advice line /Phone
• Referal
• Post
• email
• website
268
Most of our clients have come in person for help and we triage each client and if we can deal
with it on the spot we do. Although most need an appointment or a follow-up appointment.
These can be in person or on the phone, all clients are given the choice.
6

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
£194,477
£357,172
Financial Gains 1st April 2024-31st March 2025
E6,721 £247,918
- 120,371
• Attendence Allowance
£117,248
E119,329
• Bankrutcy
E124,266
E173,599
• Bristol Wessex Water
• Child DLA
• Debt Relief Order
• Discretionary Housing Payment
• ESA
• Charitable Payment
• Debt Write off
• Pension Credit
E106,633
£52,148.
-€21,135
E21,194
-E16,093
• PIP Appeals
• PiP new claim
Financial gains achieved for our clients totalled £5,079,373 in the year.
Funding
work.
South Bristol Advice Services values and appreciates every Funder or Contribution to our
Big Thanks to:
The National Lottery Community Fund
COMMUNITY
FUND
For many 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 us to complete the last few years without the
stress of potential loss of hours or redundancy for our team and the loss of service to our
community. Our award is due to end mid-way through 2026.
7

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
Also Big Thanks 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/Clients 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. Most of our clients are vulnerable due to
disability, with 71% of our clients identifying as having a disability or issue.
1 5 70
Bristol City Council provide funding to the charity as Part of the Bristol Advice Partnership
(BAP) and the Household Support Fund 7 (HSF)
NATER
company
Bristol Water and Wessex Water help fund advice to clients with water debts.
W
Garfield Weston
FOUNDATION
Core funding grant for one year
community
Foundation
Quartet Community Foundation/Chapman Family Fund /Alfred Hill Fund
8

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
Project 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
/or debt due to clients not having 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 those who have mental issues or who are older, from not
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.
PLANS FOR THE FUTURE
We are looking for funders with whom we have history for some 3-year periods 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 are working on building funding partnerships with other agencies and/or organisations to
strengthen the services we provide to the Community.
We remain committed to providing advice and assistance to the South Bristol Community and
are, along with the Management Committee, reviewing our funding strategy in the coming
months. This will consider the impact of the changes to welfare benefits and the continuing
cost of living crisis on our clients.
We hope to fund a deputy CEO to help with the running of the charity and to build succession
planning to help safeguard the organisation in future years.

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
GENERAL INFORMATION
Accountants & Independent Examiner:
Metis Tax
Castlemead
Lower Castle Street
Bristol
BS1 3AG
Principal Address:
Withywood Centre
Queens Road
Withywood
Bristol BS13 8QA
Management Committee:
Chair
Treasurer
Members
Key Personnel:
CEO:
Deputy CEO
Finance & administration:
Supervisor:
Debt team leader
Welfare benefits team leader
Caseworkers:
Debt Advice Assistant
Bankers:
Unity Trust Bank
4 The Square
1 Broad Street
Birmingham
B15 IAR
Michael Manley
Christine Marcia
Anne-Marie Rogers
Roger Carver
Fran Begley FRSA LLB (Hons) Dip RSA Dip Ed
Vacant
Gill Morris
External -Karen Brown
Kyley Hooper GGDA DRO Intermediary
Vacant
Claire Weeks NVQ IAG Level 3
Karen Mead NVQ IAG Level 3
James Clifford WB Advisor
Connie Champion Debt Adviser
Claire Elson LLB (Hons) WB/Housing
Kirsty House Trainee Debt Adviser
Mia Hooper Trainee Debt Adviser
Samantha Chandrasakera WB Adviser
Hayley Massiah
10

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEEl
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational Structure
SBAS has a Management Committee, which comprises up to 8 members 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.
Mike Manley
Chair
Anne -Marie
Rogers
Secretary
Christine Marcia
Treasurer
Roger Carver
Trustee
Deputy CED
Connie Champion
Debt Advice
Worker
Mia Hooper
Trainee Debt
Advice Worker
Hayley Massiah
Debt Advice
Assistant P/T
Kirsty House
Trainee
Debt Adviser P/T
Gill Morris
admis and Financa
Oficer.
Vacant
Admin Worker
Claire Elson
Volunteer/Advice
Warker
Karen Mead
Welfare Benefits
Advice Worker
Claire Weeks
Welfare Benefits
Advice Worker
James Clifford OP
Welfare Benefits
Advice Worker
SamChandraskera
Wellare Benelits
Advice Worker
Governing Document
The organisation is a charitable company limited by guarantee, incorporated on 20'" 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 being wound up members are required to contribute an amount
not exceeding £5.

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
Recruitment and Appointment of Management Committee
The directors of the company are also charity trustees for the purposes of charity law and under
the company's Articles are known as members of the Management Committee. Under the
requirements of the Memorandum and Articles of Association, the members of
Management Committee are expected to serve for a period of 1 year. At the Annual General
Meeting all members resign and then may offer themselves (in person or by Proxy) 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 induction
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 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.
Risk Management
The Trustees 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 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 policies and procedures that have been put in place to ensure with
health and safety of staff, volunteers, clients, and visitors to the service.
A current bank statement and a trial balance sheet are produced at Management Committee
meetings six times per year to ensure that sufficient funding is in place for the current year.
12

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
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.
Two of our Debt Advisers are DRO intermediaries, and our Trainee is working towards attaining
her certification.
One is MIMA certified and the Other GGDA 1 is working towards 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.
FINANCIAL POSITION OF THE CHARITY
The charity's main funding comes from three sources: a core grant from Bristol City Council, a
grant from the Money Advice Service, and a grant from the National Lottery Community
Foundation. At 31 March 2025 the charity had net assets of £237,660, of which £237,660 were
unrestricted funds. Movements in restricted funds are shown in note 10 to the accounts.
13

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Report of the Management Committee for year ended 31 March 2025 (cont.)
RESERVES POLICY
The Trustees have established a policy whereby the unrestricted funds not committed or
invested in tangible fixed assets ("the free reserves") held by the charity should be six months
of the total resources expended, which currently equates to approximately £180,000. At this
level, the management committee feel that they would be able to continue the current
activities of the charity in the event of a significant drop in funding. It would obviously be
necessary to consider how the funding would be replaced or activities changed. The "free
reserves" at 31 March 2025 were £206,098.
TRUSTEES' RESPONSIBILITIES
The Trustees (Management Committee members) are required 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 period and of the income and expenditure of the Charity for the period
ended on that date. In preparing those financial statements, the Trustees are required to:
Select suitable accounting policies and apply them consistently
Make judgements and estimates that are reasonable and prudent
Prepare the financial statements on a going concern basis unless it is inappropriate to
presume that the Charity will continue in business
The Trustees are also responsible for keeping proper accounting records, which disclose with
reasonable accuracy at any time the financial position of the Charity and to enable them to
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with special provisions of Part 15 of the
Companies Act 2006 relating to small companies.
BY ORDER OF THE BOARD
CMarcia
25|06 | 25
Management Committee Member/Trustee
14

INDEPENDENT EXAMINERS REPORT TO THE MEMBERS OF
SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE) (the Company)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a
body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the
examination because 1 am a member of the Institute of Chartered Accountants in England & Wales,
which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe:
1.
the accounting records were not kept in respect of the Company as required by section 38 of
the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities (applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Name: Mark Pooley FCA
Address: Metis Tax Limited, Castlemead, Lower Castle Street, Bristol, BS1 3AG
Date: 25/06/25
15

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Including income & expenditure
Note
Unrestricted
Funds
E
Restricted Total funds
Funds
2025
INCOME FROM:
Grants and donations
3
209,273
209,273
168,559
168,559
377,832
377,832
TOTAL INCOME
EXPENDITURE ON:
Raising funds:
Costs of applying for grants
and donations
Charitable activities:
Advice and information
TOTAL EXPENDITURE
Net income/ (expenditure)
Transfers between funds
4
5
10,11
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
17,278
146,659
163,937
-
45,336
12,667
58,003
179,657
237,660
-
196,544
196,544
(27,985)
(12,667)
(40,652)
40,652
17,278
343,203
360,481
17,351
17,351
220,309
237,660
The statement of financial activities includes all gains 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.
16
Total funds
2024
407,411
407,411
14,724
307,779
322,503
84,908
84,908
135,401
220,309

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
BALANCE SHEET
AT 31 MARCH 2025
2025
Notes
2024
€
FIXED ASSETS
Tangible assets
7
28,809
16,534
CURRENT ASSETS
Debtors
Cash at bank and in hand
8
2,807
247,798
CREDITORS: Amounts falling due within one year
NET CURRENT ASSETS
9
TOTAL NET ASSETS
250,605
(41,754)
208,851
237,660
1,758
244,833
246,591
(42,816)
203,775
220,309
THE FUNDS OF THE CHARITY:
Restricted
Unrestricted:
General
Designated
10
11
11
TOTAL CHARITY FUNDS
12
234,907
2,753
237,660
40,652
165,591
14,066
220,309
The Trustees are satisfied that the company is entitled to exemption from the provisions of the
Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue
of section 477, and that no member or members have requested an audit pursuant to section 476 of
the Act. (
17

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
BALANCE SHEET (continued)
AT 31 MARCH 2025
The Trustees acknowledge their responsibilities for:
i.
ii.
ensuring that the company keeps adequate accounting records which comply with section
386 of the Act, and
preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of the financial year and of its profit or loss for the financial year in
accordance with the requirements of section 393, and which otherwise comply with the
requirements of the Act relating to financial statements, so far as applicable to the company.
These financial statements have been prepared in accordance with the special provisions for small
companies under Part 15 of the Companies Act 2006.
Approved by the Trustees on 25|6/25and signed on their behalf by
Cmarcia
Date 2s/36/25
CMARCIA
- DIRECTORIZRUSTEE
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 2025
1 ACCOUNTING POLICIES
(a) 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 (FRS 102) (effective 1 January 2019) - (Charities SORP
(FRS 102)), the Financial Reporting standard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
(b)
Going concern
At 31 March 2025, the charity had total funds of £237,660 (2024 - £220,309). Restricted
funds amounted to Enil (2024 - £40,652). The free reserves of the charity, being
unrestricted general reserves less designated funds less fixed assets held in general
reserves, totalled £206,098. The target for free reserves is to hold 6 months of total
expenditure, which currently equates to around £180,000.
The charity has prepared a budget and cashflow forecast for the year ended 31 March
2026 which shows that the charity has a forecast surplus for the year of around £2k.
The management committee therefore have a reasonable expectation that the school 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.
(c) 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 is deferred until those periods
When donors impose conditions, which must be fulfilled before the charity
becomes entitied 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 2025 (continued)
1. ACCOUNTING POLICIES (continued)
(c) Income (continued)
When donors specify that donations and grants, including capital grants, are for restricted
purposes, which do not amount 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.
(d) Expenditure
Expenditure is included in the Statement of Financial Activities 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 manager's 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 charity's 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.
(e)
Operating leases
Rentals payable under operating leases are charged to the Statement of Financial
Activities incurred over the term of the lease.
(f)
Tangible fixed assets
The cost of tangible fixed 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
(g)
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade
discount offered. Prepayments are valued at the amount prepaid net of any trade
discounts due.
20

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEEI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
(h)
(i)
Creditors and provisions
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
Funds 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.
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 2025 (continued)
2.
COMPARATIVE YEAR STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total funds
2024
INCOME FROM:
Grants and donations
TOTAL INCOME
220,280
220,280
187,131
187,131
407,411
407,411
EXPENDITURE ON:
Raising funds:
Costs of applying for grants
And donations
Charitable activities:
Advice and information
TOTAL EXPENDITURE
14,724
168,888
183,612
138,891
138,891
14,724
307,779
322,503
Net income/ (expenditure)
36,668
11,555
48,223
48,240
(11,555)
36,685
84,908
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
84,908
Total funds carried forward
131,434
179,657
3,967
40,652
135,401
220,309
22

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
3.
GRANTS AND DONATIONS RECEIVABLE
During the year, the following grants and donations have been received from the following
organisations:
Unrestricted
Funds
Restricted
Funds
Bristol City Council - Partnership Fund
Money and Pensions Service
National Lottery Community Fund
Garfield Weston Foundation
Trusthouse Charitable Foundation
Wessex Bristol Water
European Union Settlement Scheme
Independent Age Cost of Living Fund
Citizens Advice HSF - Cost of Living
Citizens Advice HSF - Older People
Citizens Advice HSF - Filwood Outreach
Computers and Modernisation Fund
Quartet Foundation
The Nisbett Trust
Advice UK
Other grants and donations
35,857
145,236
10,000
13,650
1,787
90,008
-
19,659
16,997
22,608
17,500
168,559
Total
2025
35,857
147,023
90,008
10,000
13,650
19,659
16,997
22,608
17,500
3,000
1,000
530
377,832
Total
2024
35,857
147,324
85,726
4,664
39,990
1,106
19,660
10,000
-
-
22,435
-
12,000
26,000
2,649
407,411
TOTAL EXPENDITURE
Costs of applying for
grants and donations
Advice and information
3,000
1,000
530
-
209,273
-
Staff
Costs
17,278
261,838
279,116
-
Other
Direct
Costs
81,365
81,365
Total
2025
17,278
343,203
360,481
Total
2024
14,724
307,779
322,503
23

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
4.
TOTAL EXPENDITURE (continued)
OTHER DIRECT COSTS
Total
2025
Information and resources
Professional fees
Office costs
Staff and volunteers' training and expenses
Depreciation
Rent and premises costs
Audit and accountancy fees
19,654
3,640
15,798
3,937
6,813
22,835
8,688
81,365
5.
NET INCOME FOR THE YEAR
This is stated after charging:
Depreciation of owned assets
Auditors' remuneration
Audit
Non audit
Independent examiner
Independent examination
Non independent examination
2025
6,813
3,288
1,200
4,200
24
Total
2024
9,362
3,972
29,321
2,914
2,234
18,937
8,334
75,074
2024
2,234
5,800
2,534

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
6. STAFF COSTS AND TRUSTEES' REMUNERATION
Staff costs were as follows:
Wages and salaries
Employer's National Insurance
Pension costs
2025
254,295
14,751
10,070
279,116
2024
227,318
12,248
7,863
247,429
7.
No employee earned £60,000 p.a. or more. The average number of employees during
the year was 12 (2024 - 9). The average number of full-time employees was 4 (2024 -
4). The average number of part-time employees was 8 (2024 - 5). No remuneration
was paid to the Trustees. No expenses were reimbursed to Trustees. The centre
manager total emoluments, including employer's pension contribution, in the year
were £48,173 (2024 - £40,196). There are no related party transactions to report in
the period.
TANGIBLE ASSETS
Leasehold
Improvements
Fixtures,
Fittings and
Equipment
COST
At 1 April 2024
Additions
At 31 March 2025
15,000
9,525
24,525
48,325
9,563
57,888
Total
63,325
19,088
82,413
DEPRECIATION
At 1 April 2024
Charge for the year
2,370
2,453
44,421
4,360
46,791
6,813
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
4,823
19,702
12,630
48,781
53,604
9,107
28,809
3,904
16,534
25

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
DEBTORS
Other debtors
9.
CREDITORS
Amounts falling due within one year:
Trade creditors
Taxation and social security
Accruals
Other creditors
Deferred income
Deferred income
Balance brought forward
Released to income
Deferred in year
Balance carried forward
26
2025
2,807
2,807
2025
1,513
4,203
5,400
250
30,388
41,754
25,725
(25,725)
30,388
30,388
2024
1,758
1,758
2024
1,316
8,325
7,200
250
25,725
42,816
43,079
(43,079)
25,725
25,725

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
10. RESTRICTED FUNDS
Balance brought forward
INCOME
Grants received
Computer
and
Modernisation
10,880
1,787
EXPENDITURE
Salaries
Information and resources
Premises costs
Other direct costs, including office costs
Total expenditure
Balance before transfers
Transfers to unrestricted funds
12,667
(12,667)
Balance carried forward
National
Lottery
CF
5,817
90,008
75,483
4,914
5,709
9,719
95,825
27
DRO Independent
Fund
Age
20,678
3,277
19,659
20,678
22,936
20,678
22,936
Filwood
Outreach
22,608
22,608
22,608
Older
People
34,497
34,497
34,497
Total
40,652
168,559
176,202
4,914
5,709
9,719
196,544
12,667
(12,667)

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
10.
RESTRICTED FUNDS (continued)
Restricted funds of Enil at the year-end are made up of cash.
Computer and Modernisation
Grant to provide funds to upgrade the charity's computer equipment.
National Lottery Community Funds
Funding for core costs, including the salaries of welfare benefit advisers and their office
overheads.
Independent Age
A grant to fund the salary costs of a welfare benefit adviser for people over the age of 65.
DRO fund
Grant to cover the costs of making DRO applications.
Older People
Grants to fund the salary costs of welfare benefit advisers for people over the age of 55.
Filwood Outreach
A grant to cover the salary costs of an adviser to run the Filwood Outreach.
11. UNRESTRICTED FUNDS
Balance b/fwd
Income
Expenditure
Transfers
General Fundraising
Fund
Fund
€
10,000
165,591
209,273
(153,937)
13,980
(10,000)
Training
Fund
€
2,753
Total
IT Unrestricted
Fund
Funds
1,313
(1,313)
179,657
209,273
(163,937)
12,667
-
Balance c/fwd
234,907
2,753
237,660
The Fundraising designated fund was allocated to fund part of the expected of cost of
applying for grants in 2024/25. The fund was expended in the year.
The training fund is allocated for training for new staff that are planned to be engaged in
2025/26.
The IT Fund is allocated for new equipment for planned new staff. Equipment was purchased
in the year and capitalised.
28

SOUTH BRISTOL ADVICE SERVICES (LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
12. ANALYSIS OF NET ASSETS BETWEEN FUNDS
At 31 March 2025 net assets were held in the following funds.
Restricted
Funds
Designated
Funds
€
General
Funds
Fixed assets
Net current assets
2,753
28,809
206,098
Net assets
-
2,753
234,907
29
Total
Funds
28,809
208,851
237,660