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##
|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Trustees' Report|2|to|6|
|Report ofthe Independent
Auditors|7|to|9|
|Statement ofFinancial Activities||10||
|Balance Sheet||||
|Cash Flow Statement||12||
|Notes to the Cash Flow Statement||13||
|Notes to the Financial Statements|14|to|26|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|INCOME AND ENDOWMENTS FROM||Notes|||f.||
|Charitable
activities
Invesbnent
income
Other income|||6,826
1,765
38,877|1,232,347|1,239,173
1,765
38,877|848,698
2,547
14,213|
|Total|||47,468|1,232,347|1,279,815|865,458|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Support costs
Grants to service partners
Direct costs||5
6
7|107,189|59,561
357,913
632,537|166,750
357,913
632,537|213,598
614,826|
|Total|||107,189|1,050,011|1,157,200|828,424|
|NET INCOME/(EXPENDITURE)|||(59,721)|182,336|122,615|37,034|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||468,178|25,312|493,490|456,456|
|TOTAL FUNDS CARRIED FORWARD|||408,457|207,648|616,105|493,490|
##
|LUTON CI|TIZENS ADVICE BUREAU|||
|---|---|---|---|
||BALANCE SHEET|||
||31MARCH 2021|||
|||2021|2020|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|13|2,308|4,617|
|CURRENT ASSETS||||
|Debtors|14|47,903|25,916|
|Invesunents|15|180,241|178,654|
|Cash at bank and in hand||414,963|352,119|
|||643,107|556,689|
|CREDITORS||||
|Amounts
falling due within one year|16|(29,310)|(67,816)|
|NET CURRENT ASSETS||613,797|488,873|
|TOTAL ASSETSLESSCURRENT LIABILITIES||616,105|493,490|
|NET ASSETS||616,105|493,490|
|FUNDS|19|||
|Unrestricted
funds||408,457|468,178|
|Restricted
funds||207,648|25,312|
|TOTAL FUNDS||616,105|493,490|
##
|||||LU|TO|N CITIZENS ADVICE BUREAU||
|---|---|---|---|---|---|---|---|
|||||||CASH FLOW STATEMENT||
||||||for|the Year Ended 31MARCH 2021||
|||||||2021|2020|
||||||Notes|||
|Cash flows from|operating|activities||||||
|Cash generated
from operations||||||61,079|78,205|
|Net cash provided|by operating||activities|||61,079|78,205|
|Cash flows from|investing|activities||||||
|Interest received||||||1,765|2 547|
|Net cash provided|by investing||activities|||1,765|2,547|
|Change in cash and cash equivalents||||in the||||
|reporting
period
Cash and cash equivalents||at|the beginning||of|62,844|80,752|
|the reporting
period||||||352,119|271,367|
|Cash and cash equivalents||at|the end|ofthe||||
|reporting
period||||||414,963|352,119|
##
##
|||NOTES TO THK CASH FLOW STATEMENT
for the Year Ended 31MARCH 2021|NOTES TO THK CASH FLOW STATEMENT
for the Year Ended 31MARCH 2021|NOTES TO THK CASH FLOW STATEMENT
for the Year Ended 31MARCH 2021|NOTES TO THK CASH FLOW STATEMENT
for the Year Ended 31MARCH 2021||
|---|---|---|---|---|---|---|
|RECONCILIATION||OF NKT INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|||||
|||||2021||2020|
|Net income for the|reporting||period (as per the Statement ofFinancial||||
|Activities)||||122,615||37,034|
|Adjustments
for:|||||||
|Depreciation
charges||||2,309||33,587|
|Interest received||||(1,765)||(2,547)|
|Short term investments||||(1,587)||(1,796)|
|(Increase)/decrease|in debtors|||(21,987)||3,952|
|(Decrease)/increase|in creditors|||~38,506||7,975|
|Net cash provided|by operations|||61,079||78,205|
|ANALYSIS OF CHANGES IN NET FUNDS|||||||
||||At 1.4.20|Cash flow|At|31.3.21|
|||||f.|||
|Net cash|||||||
|Cash at bank and in|hand||352,119|62,844||414,963|
||||352,119|62,844||414,963|
|Liquid resources|||||||
|Deposits included
in|cash||||||
|Cutrent asset inveslments|||178,654|1,587||180,241|
||||178,654|1,587||180,241|
|Total|||530,773|64,431||595,204|
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##
##
||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||funds|funds|Total funds|Total funds|
||||2021|2021|2021|2020|
||||6||||
||London Luton Airport Ltd
Luton Borough Council
Citizens Advice Windrush||5,850
976||5,850
976|404,365
24,699|
||Money Advice Service - Face toFace
The Big Lottery Fund - HTC
Citizens Advice - Energy Best Deal Extra Advice|||163,600
93,405|163,600
93,405|130,080
93,252|
||Project
Citizens Advice
—Help to Claim scheme
EU Settled Status
National
Lottery Community
Fund
Beds and Luton Conununity
Foundation
National
Citizens Advice|||1,680
188,880
37,214
66,063
663,437
18,068|1,680
188.880
37,214
66,063
663,437
18,068|7,200
189,102|
||Subtotal||6,826|1,232,347|1,239,173|848,698|
|3.|INVESTMKNT INCOME||||||
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||||8|8|6|
||Deposit account interest||1,765||1 765|2,547|
|4.|OTHERINCOME||||||
||||||2021|2020|
||||Umestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||Other Income||38,877||38,877|14,213|
##
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##
|||||Basis of|Advice and|||
|---|---|---|---|---|---|---|---|
|||||allocation|information|2021|2020|
|||||||Total|Total|
|||||||I||
|Staffcosts||||Actual|561,523|561,523|546,506|
|National
iusurance||||Actual|37.596|37.596|36,560|
|Pension cost||||Actual|33,418|33,418|31,760|
||||||636,537|632,537|614,826|
|GRANTS PAYABLK||||||||
|||||||2021|2020|
|Grants to service par tners||||||357,913||
|SUPPORT COSTS||||||||
||||||||Support|
||||||||costs|
|Support costs|||||||166,750|
|Support costs, included|||in the above, are as follows;|||||
|||||||2021|2020|
|||||||Support|Total|
|||||||costs|activities|
||||||||f.|
|Other operating||leases||||58,434|48,840|
|Premises||||||32,375|62,516|
|Staffexpenses||||||8,717|8,428|
|Trustee expenses|||||||22|
|Communications||||||11,416|15,037|
|Printing||||||5,878|8,412|
|Independent|examiner's||fees|||5,879|3,240|
|Other administration||||||4,226|10,370|
|Other support|costs|||||36,970|22,338|
|Banlc charges||||||546|808|
|Depreciation|oftangible||fixed assets|||2,309|33,587|
|||||||166,750|213,598|
##
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##
|||2021|2020|
|---|---|---|---|
|Depreciation
- owned
Other operating
leases
Independent
examiners
Auditors
remuneration
Auditors
remuneration
Pension costs|assets
fees
-non audit fees|2,309
58,434
3,750
1,750
33,418|33,587
48,840
3,240
31,760|
##
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|||2021|2020|
|---|---|---|---|
|Wages
Social
Other|and salaries
security costs
pension costs|561,523
37,596
33,418|546,506
36,560
31,760|
|||632,537|614,826|
||||2021|2020|
|---|---|---|---|---|
|Counselling,
Administration|advice
and|and information
support|24
5|25
5|
||||29|30|
##
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##
|NOTES TO THE FINANCIAL STATEMENTS -continued
for the Year Ended 31 MARCH 2021|NOTES TO THE FINANCIAL STATEMENTS -continued
for the Year Ended 31 MARCH 2021|NOTES TO THE FINANCIAL STATEMENTS -continued
for the Year Ended 31 MARCH 2021|||
|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAIL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|INCOME AND ENDOWMENTS FROM|||||
|Charitable
activities||429,064|419,634|848,698|
|lnvestmeut
income||2,547||2,547|
|Other income||14,213||14,213|
|Total||445,824|419,634|865,458|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Support costs||127,893|85,705|213,598|
|Direct Costs||286,616|328,210|614,826|
|Total||414,509|413,915|828,424|
|NKT INCOME||31,315|5,719|37,034|
|RECONCILIATION|OF FUNDS||||
|Total funds brought|forward|436,863|19,593|456,456|
|TOTAL FUNDS CARRIED FORWARD||468,178|25,312|493,490|
##
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##
##
|TANGIBI.|far the Year Ended 31 MARC
KFIXEDASSETS|H 2021|||
|---|---|---|---|---|
||||Fixtures,||
||||fittings||
|||Improvements|and||
|||to|office||
|||property|equipment|Totals|
|COST|||||
|At 1 April 2020 and 31 March 2021||159,798|41,906|201,704|
|DEPRECIATION|||||
|At
1 April 2020
Charge for year||155,181
2,309|41,906|197,087
2,309|
|At 31March|2021|157,490|41,906|199,396|
|NKT BOOK VALUE|||||
|At 31 March|2021|2,308||2,308|
|At 31 March|2020|4,617||4,617|
|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2021|2020|
|Trade debtors|||||
|Prepayments|and accrued income||4,877
43,026|2,441
23,475|
||||47,903|25,916|
|CURRENT ASSET INVESTMENTS|||||
||||2021|2020|
|Unlisted
investments|||180,241|178,654|
##
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##
|CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR|||
|---|---|---|
||2021|2020|
|Trade creditors|535|148|
|Social security and other taxes
Accruals and defened income|14,727
14,048|9,764
57,904|
||29310|67,816|
##
|Minimum
lease payments
under non-cancellable
operating
le|ases fall due as follows:||
|---|---|---|
||2021|2020|
|Within one yern
Between one and five years|44,000
62,333|44,776
106,333|
||106,333|151,109|
##
##
|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||
|---|---|---|---|---|
||||2021|2020|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
|Fixed assets
Current assets
Current
liabilities|2,308
435,459
(29,310)|207,648|2,308
643,107
(29,310)|4,617
556,689
~67,816)|
||408,457|207,648|616,105|493,490|
##
##
|for the Year Ended
MOVEMENT IN FUNDS|31MARCH 2021|||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.4.20|in funds|31.3.21|
|Unrestricted
funds||||
|General
fund
Fundraising
Designated
fund
Restructuring
Designated
fund
Building Designated
fund
Fixed Assets Designated
fund|393,561
30,000
30,000
10,000
4,617|(57,412)
~2,309)|336,149
30,000
30,000
10,000
2,308|
|Restricted funds|468,178|(59,721)|408,457|
|Money Advice Service -Face to Face
The Big Lottery Fund -HTC
Citizens Advice -Energy Best Deal Extra|22,168|38,530
20,030|38,530
42,198|
|Advice Project
Citizens Advice -Help to Claim Scheme
Home office|1,753
1,391|(928)
26,706|825
28,097|
|National
Lottery Community
Fund
National
Citizens Advice||7,643
20,001|7,643
20,001|
|Beds and Luton Conunonity
Foundation||5,234
65,120|5,234
65 120|
||25,312|182,336|207,648|
|TOTAL FUNDS|493,490|122,615|616,105|
##
##
##
||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resources|expended|in funds|
|Unrestricted
funds||||||||
|General fund
Fixed Assets Designated|fund||||47,468|(104,880)
~2,309|(57,412)
~2,309)|
||||||47,468|(107,189)|(59,721)|
|Restricted funds||||||||
|Money Advice Service -|Face|||to Face|163,600|(125,070)|38,530|
|The BigLottery Fund - HTC|||||93,405|(73,375)|20,030|
|Citizens Advice - Energy|BestDeal Extra|||||||
|Advice Project|||||1,680|(2,608)|(928)|
|Citizens Advice - Help to Claim Scheme|||||188,880|(162,174)|26,706|
|Home office|||||37,213|(29,570)|7,643|
|National
Lottery Community|||Fund||66,063|(46,062)|20,001|
|National
Citizens Advice||||||||
||||||18,068|(12,834)|5,234|
|Beds and Luton Community||Foundation|||663,438|(598,318)|65,120|
||||||1,232,347|~3,030.033|182,336|
|TOTAL FUNDS|||||1,279,815|(1,157,200)|122,615|
|Comparatives
for movement||||in funds||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.19|in funds|31.3.20|
|Unrestricted
funds||||||||
|General fund|||||328,659|64,902|393,561|
|Fundraising
Designated
fund|||||30,000||30,000|
|Restructuring
Designated|fund||||30,000||30,000|
|Building Designated
fund|||||10,000||10,000|
|Fixed Assets Designated|fund||||38,204|(33,587)|4,617|
||||||436,863|31,315|468,178|
|Restricted
funds||||||||
|Money Advice Service -Face|||to Face||17,879|4,289|22,168|
|Citizens Advice
—Energy|Best|||Deal Extra||||
|Advice Project
Citizens Advice
—Help to Claim Scheme|||||1,714|1,753
~323)|1,753
1,391|
||||||19,593|5,719|25,312|
|TOTAL FUNDS|||||456,456|37034|493,490|
##
##
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds|||E.|
|General fund
Fixed Assets Designated
fund|445,824|(380,922)
~33,587)|64,902
~33,587)|
|Restricted
funds|445,824|(414,509)|31„315|
|Money Advice Service - Face to Face
The Big Lottery Fund -HTC
Citizens Advice
—Energy Best Deal Extra|130,080
93,252|(125,791)
(93,252)|4,289|
|Advice Project
Citizens Advice - Help to Claim Scheme|7,200
189,102|(5,447)
(189,425)|1,753
~323)|
||419,634|~413,915|5,719|
|TOTAL FUNDS|865,458|(828,424)|37034|
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##
|Purposes
o|f|designated
|funds||
|---|---|---|---|---|
|Unrestricted||funds|||
|Contingency|reseive fuud|||This is an amount
held in reserve to cover any contingencies
which may|
|||||mise. This has been released
in the year as it is no longer ueeded.|
|Fundraising|fund|||This is an amount
held in reserve to cover the costof additional
fundraising
activities which aim to diversify
the funding
sources ofCitizens Advice|
|||||Luton.|
|Restructuring||fund||This is an amount held in reserve to cover the costofpotential
re-structure|
|||||ofthe orgiuusation
in the event ofcuts to funding/income.|
|Building Fund||||This is a fund held for potential
dilapidations
at the charity's offices.|
|Fixed Asset|fund|||This fund represents
the investment
in fixed assets.|
|Restricted funds|||||
|Face to Face||||The grant is received I'rom the Money Advice Service and is restricted to|
|||||provide face to face debt advice.|
|Big Lottery Help Tluough|||Crisis (HTC)|The Help Through
Crisis is aproject, funded by the Big Lottery Fund, is
led by Citizens Advice Luton with Luton Food Bank and Luton Law|
|||||Centre as its main delivery partners.
Luton Borough Council Revenue,|
|||||Financial Assessment
and Customer
Services teams, together with Luton|
|||||Rights complete the partnership.
The
project
provides
awide
range|
|||||of
timely hardship
advice
and
support
to residents ofLuton who are|
|||||Ill crisis.|
|Energy Best|Deal Extra Advice Project|||To help deliver clients advice on energy efficiency.|
|Help to Claim||Scheme||Help to Claim is a new dedicated service from Citizens Advice. Itprovides
free, independent
and confidential
information.
The project provides|
|||||setting up recruitment,
training
and equipment
and other direct cost|
|||||incurred
with delivering
this service, This project will assist with the setup|
|||||ofthe universal
support: Help to Claim services which support and guide|
|||||through
the initial application ofUniversal
Credit claim, through
to your|
|||||first payment.|
|Beds and Luton Conununity|||Foundation|Grant funding
from BLCFwho administer
London Luton Airport Limited's|
|(BLCF)||||Community
Investment
Fund.
The grant was awarded
to the Luton
Access IAG collaboratiou
for which CAL is the lead organisation
working|
|||||with our partner organisations
Luton Irish Forum, Luton Law Centre and|
|||||Luton Rights.
CAL receives the full grant payment
and distributes
the|
|||||grant payment
to the partner organisations.
The grant allows CAL to|
|||||deliver its frontline
general advice service to the citizens ofLuton worlcing|
|||||with our partners
to provide
clients with a seamless advice journey.|
|Home Office||||EU Settlement
Scheme grant funding
to deliver practical support to|
|||||vulnerable
EU, EEA and Swiss citizens to help make their EU Settlement|
|||||Scheme application.
This fund is delivered
in partnership
with Luton Law|
|||||Centre (our partner in the Luton Access project).|
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