Company rtylstr•tiM nurnber: 03501846 Chaffty r¢gl$lratlon nwnbtrr. 1069301 HARINGEY CITIZENS ADVICE BUREAUX (A conwny Ilmltod by guarant••l TRUSTEES. REPORT AND DRAFT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 HARINGEY CrnZENS ADIfjCE BUREAUX cONTEP￿s Pago Numb•r ¥rty R8f¥w¢• and Admini8trth8 Det8lL4 Trustees, RoFQrt 4-14 Ind8F¢nd•nl A￿lt0￿3 ieport 15-17 ststem8nt of Financ4al Ai*wb8s {In(xxpffttiry th& InrKJme and EyP￿drtUreA¢C0untI 18 B8lance Sh88t 19 stateM￿Of C88h Fl 20 Notes to the Fina￿*81 Stalgrnents 21-34 HARINGEY CITIZE14S ADVICE BUREAUX CHARITY REFERENCE AND ADMINISTRATIVE DETALS FOR THE YEAR E14DED 31 MARCH 2022 Trustse• The ¢Jirf(xThs of the CharItab￿ 8re Its Trustees for Ihè purposes d eharlty Iby. The Tru3tee8 who have swved fmm 1 April 2021 up to 1he ¢Jate of8pprov81 ol theSefin￿¢ral 5￿t￿Thts were as folk￿. Andy Lov8 Gbria Saffr8y-Pvwell Sean O'Donovan- Vice Chalr Rithard Wamer Rachd Wrllkqm8on- Treasurer Stephanie Pill Kaya Chattefjl Loma Rwth- Char Laura Paynè Ben Tovey Georgè Dunstal McGowan Chloe H￿•Man (Bpwinted 26 Arffil 2021) And1￿ Go(ffr8y lappoinled 26 April 20211 Company r•gi#tratlon numl)er 03501846 Ch¥rlty Y•gi•tratlon numbgr lo6￿1 R•glstsred offl 20E Wath￿t G8rdwL London N17 7DN Bu￿￿ add￿$.. Waltheof Garden5 elt￿￿ thke 20E W8th801 Gardens London N1770N Chi•f Exacudw and Company $8¢r¢tary Darial Blake IMlop•nd&nt 4udliors Beever and Struthers Chartered Accguntsnts & Business Aths8rs 15 Bunhil Row London EC1Y8LP Banker8 The C￿FeratiVe Bank plc 1 Balloon Str88t Manchaster M604EP HARINGEY CITIZENS ADVICE BUREAUX TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Th• fnwte85 W858rrt th8ir and the stat8mants for thè ￿r ended 31 Marth 2￿ The f1)a￿la1 statements txjmptywith thè Chorlues Ad 2011. the clyn￿leS Ad 2￿￿. tho menKIran￿rn Art￿j#S of AsscKa8tion. and ACLX)u￿n9 and ReportlThJ by ChaitbeB'. Ststement of R￿Mrnended Prxtic8 appJic8ble to th8riti8S, thé FinartK•l ReFO)rfThJ SI￿8￿￿ appli(¥ble In Ihg UK 8n(l Rewbllc of Irdand (FRS 3021 publtshgs cktobar 2019. stfU¢Wr•. Gov•mab)e• and Man•g•rnent The company is lThitod by guarantee, gov8rn￿ by iL8 memrandum 8nd of aSSOCAatSon date¢ 30 January 1998 and last 8mend&J on 6 Ocaober 2011, and regIst*￿ undar th8 number 03501846. The wmpany is regislered 8$ 8 thariiy under tho number 1C69301. In the evènt of thè i>)mpany bdng %KJund up, rr*mber5 afe required to cknntrfbute an amount notex(*dtno £1. Citiz￿$ Atho¥ Harfngoy operate5 under the rrternlvshlp umbrdla of CitiZ￿S Athc8 ICABX) vtho prDwde tr framthvork for starndards of advi¢9 and casewk mana￿ment. ClI￿arts Athce H8ring8y ICAHI eLJ-operates and Ilai88s, on behalf of Its di￿ts, wrth a numb•r of admce aJenoes in th? b)rough. local tharftles and the HgaNh Aulhorlty and Coundl ser¥ic85. Th8 affar5 of Citiz•ns Adw¢e Haring8y governed by the Bo8NI ol Trustees meet at Iwt four Jmes o year. Tha m•mbers ol the charity are Indi￿dUal$, ujmpanles Dr cry8nisatDn8 who are inttr•gted in furtherfrfj the tADrk of the charity 8nd who are not paid, or volunteer of the c*8rity. E8¢h memter h&% one vote. The ordinary membershlp, as hEII as the makè-up of the Trusteè Board, Is reviewed annu81ty piitir to tha Annu Genejal Meeting. We cary out 8 8kllls audlt and an assessment of the dwersity of the Board. Thls Ls followed by ¥ cruitment campaign for bolh ordlnary rn￿bers and potenual Trustees. This 18 don6 usSng our exlensNe Ck88 the local vdunw c¥)mmunlty sector a8 I￿11 88 spgc¥abig1 wa6￿£S, Board of Trusts The m8rnbers of the Board of T￿￿tea& pwfonn the role of dlreclors In company law and ar8 thè Trustees In dwrity IWN. Those sgNgd th6 y8ar, e￿ptwhere Indicated. Bre list¥d on pag8 3. We *￿Uld Ilke lo thaTh% our Trustees for I￿￿9￿1cau0n and commttmwrt thvy have gi￿ ovarth• yearn. Oryanisational Structure A Trustae Board, of currently 14 memb8rs. administ8ts thè ch8r5ty. They meet four per yeor with additi'onal quarterfy meetings ofthe sub-committèes for Finanw Heatth end Safety. People and Oualty. The Chief Executlve of the organi88tion has been ap￿inted by the Truste&% to manage the dAy-ltrday oper8tions of the chadty. In 8ddltion, thèr8 L% an experienced team of paid staff #nd a subst8ntral team of volunteers who are key to th8 off6r&J by Ihè tharity. [krAs0r￿ are rnade by the Trustee 8oard In Ilne thg Bu51ness DeVelopm￿t Plan and arg revie%%Yd at Paa5t annually. The Senbr manag￿nent T8am ￿et to rovlew prcgress agai￿1 targets and thg Charitys finanaal positbn and lo disojssjssues referred to them by the Trust8e P wrrent averago pay increase leveb. Rtlated Porti•8 In add￿On to rts memb8rship of Thlizens Athce, the charfty also I￿perate5 Irdises with a number of other athi50ry s8Nices, charilles and Counryl dep8rfrnents on behaLf of cliénts. Where one of the Trustees 15 &150 involv8d another rdevant organb8lK)n, thtry may be invcfv8d In ￿ls￿SsIonS 8tK)Lrt il bul not in any d￿s1On- makirKJ process. ObJ•etlvos, A¢tlNltl•s and A¢hl•v8mBnt8 The obl8dW for ¥thSch th8 d)arity 88t8lABhgJ as def￿8￿ In the Artths ofA8XJCi8t￿n are the prornotbn of any Cha)tab￿ purpJses for the benofrt of th8 ￿rnMunitY in Harfroey and surYoundSng ar885 by tho adv￿ment of ediKation. the protedon of haahh and lh& rg1i9f of povwty and distress. CAH helps peopl• got th• support they need and ￿able$ thom to m8nagg their lives better In Umes of ctsls. Life is ccmplicat8d arKI things can go WTong for all of us. CAH'S free. impartial advice 18 cruaal and tiighly vaknabla to Indi￿dual5, the coun￿1, y)vemm8nt and S￿iety a5 a wthoje. CAH segks to put the ¢ustom8r Bt the heart d everythlng w• do. W8 are c0rnrn￿￿ to a c4Jmmunlty ￿trad appwh that reei*Jni86s ow ¢)Jsiomers. loc4 c¥mmunty, 50Ci818nd faNh nthrks a5 a5Sats. pwle problems. We 8mphasi8e the im[￿rta￿L of earfy yttervention aNI prevention, to undathnd and act on the undertylng ¢aLtsOS oldèm8ftd forour se￿￿ and tsthle pre￿￿ble Systemictsilure. The pollcles that h8ve been athjpted to athlgY8 thls alm Bre &8 ftAbyAB'. To fdlowtho and guid8lln&s set ¢knvn by c￿ZenS A(fvl¢e. To devskjp an wyective front4ine advicts wvlL¥ by harne￿ng a Ioc81 diversity of volunte*s and trYAni them io a hlgh standard. To complement and support burèaux b8$0(l $$r¥ic£s through a OF cxrtr88ch 893sb)n3 and managerial and 8dmini8tr8tive resourc6S. To control fIna￿￿11 owations by the use of a Bu5in8ss Dev*Jpmenl Plan and Budget. Th8 s8ttiro up of Sub-committ￿ fo furfher particular aspects of the ch8riV8 actlvlbeB and Tes[on￿bIllue8. induding heahh and safety. fin8nc8, human resourw, quality ￿Mpa￿￿3 8nd researth. ln1owr￿on, AdTAc• •nd Guldanc•: citize￿ Ad￿¢£ HarirKJey ICAHI In p8rlner8hip with subcontrdctors (vibr8￿ ￿ Public VoKel deliver th8 Inlommlion. adv￿ 8nd guidance ¢fftart to r85itlents and thc6e who work In Harirg8y undÈf thè lyandiw of Haringay P8rtn8rshlp Th9 so￿¢e model puts MO￿ gmphasrd on wbthln th& o)mmunMo5. prowolng better lor ￿￿ts. HARINGEY crrizENS ADVICE BUREAUX TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 incsea5&J sdfthdp and dkJital methods. The ?1￿ ofthe service are to: Odfver a unfversal. 0)mpre￿n$￿ti and guallty asswed irrformatiDn. ad1￿? and guKlance offer to improve Ihe capa(* of ￿1 residents in Haringey to rn8rTra98 thair n88d5 independenuy of the CowK¥l. ONJ to the right 5UPF¥)rt at th• right tirne. with 8 focus on early hew) and pwents"on. Build the Lawity of ￿)d￿￿u¥l$ to man￿8 th8ir own inlomiatth. and guid8nc* needs and re601ve similar Issues themselves in the fLrture. ild Feer a￿1 communty 5UPPOrt atDund infoTh•lion. ond 9Uhlance through C￿mUnity-1￿j Initt8ti￿. The new objeebves 0fthe$￿ce are: To inifèase 8tsX8S to InfornÈtlon, advth and gvidwKe by d8kv8riNJ offarwlthln a ran9e ofwmmunlty- bawl hubs xr055 Haringey through dTfferent ch8nnd8 induding dlgttal wd telephony. To provide targeted Info￿¥￿0n, ath¢a and gu*Jance at kgy points in ￿)pke.$ li￿$ to prevent To provide'wp-w). opportunlllas wthin Haringey in order to a￿$$ to Infonnation, advKe and guidanc* In rel8tKJn to the i$$u8s m&ntloned above at iwnes of rwd or in s￿h plaw as need has beèn Identified. To promde ￿ to InfomMtK)n, athra and guidance for wpfe who I￿e orwork in HarirvJey in tight of to the v￿oU$ heatth. swal caro, houslro. weLfare and tax benefit 5ySt8ms. To identity any 59r¥i¢&u5èr n8ads In addttk•n to inf0rn18￿0n, advir* and gullan￿ eaty, ensurirg teferrdl trj appropriate swwe8s. as r8quir8d as part ofth8 Preventir￿. Earfy H8lp InleNwtvJn approach. To provid$ sign-poth.ng and guldanr* in relatitin to a(xxssing fvrthersupFQrt in rdation to the 8bove Issue5. To offer culturally sp8dfic informath?n. and guidance, a5 required. To provNJe 8ThY rnaintain the infom)aUon and advice ser¥i¢ewh8rè tht ttl￿ant includ8s'. Tha ￿re and stsPF￿rt system th8lly how rt￿￿)rks ChoieA of types of care and support and ¢lM)i(% of pftivfjder8 Howto aC￿sS the care and supp¥tlhat i& availabla How to access Independ8nt *nandal ad￿Ce on care and support How to raisg ￿ncernS *)oul thg safaty, heath arnl orwetl-belro ofa chifd. young person or adult During thg firondal yèar Cftlzens Athce Haringey n•arfy 13,000 indmdual d￿ts, and 44% of those were sabld Andlor were ThJ from a long-t8mi hsath c¥)ndit￿. The top three L8$ues pw18 sought help wth were houslng. b￿efits, dgbt. and employment. We have seen ￿ increa58 thruughout tho year in Ilb)8e s8ekiNJ help vlth mental h93Mh h8vo a blgger Imp* ￿ theirdaily lrfe. Ow sucwses have Ind￿￿ed irwme gairts for our cI8nts amounting to £3.9 rnill*Jn, indLh*rKJ ￿nefft appads and (*arltable aFfJll¢atkjr￿ for indwidual supwrt. Obl•ctfv•s for the Yearand Public B•nefft Th• eharitys obfvclives are to promote any ¢hèrit8ble purpose for the t*ntffit of Ihè ￿MMunNY In Harfng8y, by thg Jvancemerrt Of￿1￿￿tIOn. the prot&tion and preservation of ho8tth and the r￿￿f of poverty. 61cknes8 8nd dKgtr89S. CAH'S akns are to provKle free. ¢onfidential, imparbal and independent and infc*nn8itsn for the tse￿ffit of thg local ccmmwity, to pr(wld8 thè Èdvk• PaOF4& need for the problwns thèy fa¢* and to Irnsyo￿ polloes and prd(Jic*s that affecl pw)ple'51fv8S. We rev16w alrrts. obiec4iv6s allfl on a regular basls. This reviw Iwks 91 vhtat we achleved and th8 outoJmes of our work in Iho prwK)us ￿￿ve months. It looks at the SL￿￿$$ of •ad) key acuvlty and the bèn￿ to thosè wups of p￿PIe are here io help and f( aLso helps us to en8ure our aims, Obj￿1V&S 8n¢J activitie8 rem8in focu55ed on tyjr ststwj purFKWS. We havè relerred to th8 guidance contsinad in thè Chanty Commwion's general HARINGEY cmzENS ADVICE BUREAUX FOR THE YEAR ENDED 31 MARCH 2022 guldance ijn public benefit when revithving our 8im$ and obJeclNgs and in plannlng our fubjra th'tigs. In par￿c￿Ler. Tru818e8 consider hcyw pi8nned aCt￿ltIeS w￿11 mntribute to iha aims and l*J￿tiveS tw have set. Otsr key ob&*live8 are.. ObJo¢tFNv 1: Makè act•￿ to advke and InfOrM￿On eagl•r Ensurfng gcod access to a 5ervKe ￿kn1¢h best suSts cliènfs needs acmss th• range of sthjects Be ab￿ to mov8 searnths￿ befvveen f8C* to la￿, ptrK)nè and dyital weatin9 thernsefves Prowde tallor￿ help that meats their ￿eth. vmth clear athon p18ns evary time B(x)k appointments at a Ume that stjts thern, inrxe8siro openiNJ Orn•s tr) even1r￿S and Saturday rmmings Re￿?W 8y8tems and Serv1￿ rnod81s each yèarto ensurg the wvice ts SUII Me￿Ing Meds and demand, 85P8¢i8lly in light of changos In Ihe opgrathg *n￿rOnment Evaluatin9 community baseil sor￿￿ to wtsuro gaps are idEnttfied an¢J met Proactively rnonitor and assess emèrglng needs In ordar to en8ure we respc*)d and th8wJe to provide 8eNces that are relevant focus*J on tho n￿1$ ofthe p8opl• of Harirsey Implèmènt ow tsrget for oplimum numb8r of volLmtOW5, ta￿r￿j into ¥<¥)unl thglr 3UFPOrt ne8ds. an deveksp a $tr8t8gy to T￿ruitt0 thi5 nurnb Develop furthèr digrt81 sdfthelp mat8ri81$ lo assSst I￿1 pwpl8 and devew ourwobsito to mthe It easlerfor individuals to w$$ inlomiath)n and ￿viCe Obj9ct￿ 2: Wort( wlth CIIIT•n8 Athe• to provrde One Ser¥ie• C6tkans Advice membershlp p8d(89# to be ￿VI￿Ned annual Ensur8 th* poliries a￿ implerrEntsd ￿ that remt4n rn a stroThJ positson to pass our n8Xt 8udK Monllorfng and &8ses9iTrJ the ser￿ce we prowde to ensure and improv8 quality Maintaining externgl quality acrxeditation to provide evidence to ourfunders Bnd cfients that US8 our rwurc&s effectNdy and offer a high qualty Ee￿(& which is excdlent valL* for nK)r Banefft from le580ns18amed and $h8red across th8 CIOzens A￿￿¢8 service Ertsure thè L8adgrship sew-assessmont enables CAH to ensure Ihat our Ictal atthns A(fvts wejl wn dellverfrKJ hffJh qualty sQ￿ceS OW'g¢tiwè 3: 8• mor• *u•tslnabl• for th• fu￿re Diverslfy ourfunding streams to *n$ure less ￿lar￿¥ on gt¥lvtory furKling to delNer our Core objectiv8S Contin1￿ links Mlh key partnerships and identifyloint futKlirvJ txds that can be submrtbj Understand the outcomo$ ￿ 8chleve, a)d $6è charoed aLfDrdin9ly Us8 rellable, last and lnIu￿ve technok)gy S88 Us f8Fealedty loeal rked closely wth Ihe Chiel Ex8ortiVg to devdop th8 now Busin￿ Plan snd to I￿nItOr prtsJrÉ#s in hi8wry previou5ty •3re&Y mlleslon6s oullneil in thg Bu$lwws Han. C*npAign R•w•r¢h OurtV￿A equ* airrts are to provFde adwir? peoF4e ￿e￿ for th8 prObl￿)S thèy fa￿ 8rKI to Improve the F¥Jlkle$ d pradees that 8ffec4 people's lives. ThereFore, we n88d to ￿sure th8t majfjmiso our abilty to s￿1 tren h￿hlIght tssues and Pftivifle a b8nk of evidence to influence prgsent futur6 wlicies. It v/ll ctntinua to be a aim of (atizens Adv5￿ Haringèy and the Cibzens Advi￿ Bureauxfarnily to provide e￿￿enCe to support sts"mulat• debate. to Campaign and lobby on key soixal rA)Iw issues. and to Trffluenc8 the policy maker8 8nd 8eEvice pmvhyers. atkens H8rfn90y continued to endeav￿rt0 Inffuthe* poI￿Y in key areas of.. R•s•arch.. Weffar8 bengffits L8 our largest advks ¥00. gfvt'rvJ us ckryar irffjights Into the vrny the System Kjrks and challw￿8S it Pjs￿. We conunue to e£)Ikd eviden￿ and short rekKJrts lo hlghltght the importance irf income securlty in gen8rdl. as well as the pwthxj￿r challowss li posgs f¢y ¢W￿1n groups. These Miclude those on low I￿om$S receiving InwA)rk Lxnefft5, a5 w811 as d1$aN￿ people those wlh tong-twm heatth 0)nd￿On$. We We￿ dekghted to hvrk vAth Hariryjty Lxjun￿l to In the Introd￿tI)n of a Local Wdfare AssiStsr￿e Scheme £￿￿E￿i￿.. Covers r8gul8knf 8nd urTrJulated markets olbwlng us to Identty probJw$ •nd raw o)mpariw5 pbout polKies and pracucas. 8thic8 trends ￿0¥￿Ie stabstics on tha nLrmber of )nsumer Issues d•anwith by our nalfjonal nets¥￿. reh.. Citizens Athce hdps hundr*Js of Ihous8TrJ5 of peop￿ debt and money Prnble￿ 8￿h year giving inslght into we can prevent r￿￿Y probk8m$ and hdp p80pl8 to T￿ver. atizens Advice H8rfng8y w￿1 cvntinue lo provlde evidence to CilEgro Advice. Ene Research.. Ensuring opportun￿e$ to make the enowy markot function i*tter are not a cO￿umerS have gwd reason to b*eA)me [rK)￿ o)nfident and engag￿. We wntinu& to rai￿ 8WaTen688 through Scam Awar8n88s campalgns and Energy W88k 8vgnls. HARINGEY CITIZENS ADVICE BUREAUX TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2022 W6 are commltted to Increasing the rango quallty and qu8ntty of our caMpa￿ar￿ arKI rasearch work so that tske evwy opportunity to improve the INOS ol not onty our dlents but for all In H8rlng8y. Wè régularfy make ntributions to loca media airn￿ at *ldr￿ng the needs of our communty. Path¢rshlps & Buslnoss D￿￿10pment Throughout thi8 ye8r th& organisabon has ¢xJnl*nued to new partnerships to grow current ones. Cwrenly we work VibrarKE. Publlc Voice. Mind in Haringey, DWP and Pbmo$ 4 Harfngey. We dèvetoting Ilnks wth othgrorgani5arons a5 Butyc and Shdt8r. We have continuéd ￿￿rkIng Hathgey Clinic* Commlsslonlng Group (CCG) and ￿r health pprtnots to ensure there is a cth8r6nt *Jvke and lnforrn8b.on offer for ￿￿$$1￿ heath 58NC8S. Cittzans Aomce Haringey o)niinueg to M)rk ￿¥th London & Quadrant Houskng Trust FYo¥idiNJ the Pound Athce Prole(a takw dI￿t refeffalg from the Houslry AqsocLgtK)n. Adm¢* and asslstsnc4 is pnMded lo deal with rEnt arreats benefit protlems. reduce debl and maxmlse IncLJme. Cittr&)s Advlce H8rfngey Mirks in ¢h)s& parknership ￿th Brf(b38 Ren8wal Trust vkno are Haringey Councils Str8tègiC Patherfor the Voluntsry and Communty Sector IVCS). W8 airn to together ufith Ihe setlor to o)ntribut• to It￿1 outhty and hgalth issues buldlng a slronger p8rtn8r5hip auoss Harin9ey. As part ol the reS￿n90 to the pandem CAH has bggn a key pathrln tho voluntary seL*or CEO group knltiated by Bridge. Wg have en￿￿1 a fruit(vl partnwship ￿1th Pm BO￿ Commthity - an organi8ation that provhjes voluntÉ8r placernents for traine8 solotors. In adilition to providing generydl volunteers we were ddlghted lo I￿rk ￿eth•r on A g Lottery furKl8d project prowding r8mt8 SUPFrfJrt and legal to resldants of the t*YOLvJh INing In Prfvale Int•mil •nd External Faetorn Maintairin9 extem01 quajty a¢cr￿litation is essentkl for tha tharfty. We pa8$8d our Leadership Sgw Assossm* Verrftttion vlsK S(￿rfng ydl¢)w. We corrtlnue to malntain wr 8udit standards *qth systerns for rwxrd ¢he￿n9. I￿ependent file revwF and supyort forstsff and govem8rt FU￿rn De¥dopThnt• Cmlzons Advlce Haringey aims to continually inwrove to its sèNlce and to maintsin a hKJh quaity 8￿ce for many clients as txwW&, focu55ww on Ihose rTr)st in n6ad and belry InrnvatNé about methcKls of 8eNce delivery. We in partneJ5hip with other10¢818g8nci8s toth to prevenl proN8ms arising for d￿Trts lo hdp rn r9501ve problems that hgve arisén. In order to ac*we our objths, we have the follo￿n9 Pla￿ for fubJrg and tlevdO￿ents: Access to ourServKe- Monttorin 8ThJ Assessln the S8rvlL* Revivw systems each yew to ensurè thè servte is slll meeting neets, wedalty In IhJht of d)aNJos In the operatyg environmÈnt. Imp18ment our taiw for optirnum llumbgr of NY)lunt88rs, takkng into arzourrt thew support neèd*. * develop a strntagy to reC￿rt to nurnb8r. Oevekjp Iwthtr digtal seW-h81p matèrfols lo as&8t Ixal and d8vel¢)p our ￿ts$it0 to make It easier for 1ndiwiju￿5 to inf0m￿￿On and advKe. 8intain ond Develo Extslleni al Relth"onshi • Continue links wth key partnerships and identity whath)Int luThJiro blds can b8 submKbJ. • C￿tin￿ to assass the 0￿ra￿￿j enwronnwl for our *rJrk and ccthrn we should collatornte 8nd whwe we should ¢omWe W•ith other organlsa0on5. • Look to devdop further the links have M￿1* wthln the local 4xJmmunity ￿ look to dlveTrlfy our inc4)m8 Str8arns. 10 HARINGEY cmzENS ADVICE BUREAUX TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Provlde Su rt and an Efflry￿t Staff Structure for Staff Eyplofa further e4eaming and other m&thods to ènsure that staffs training needs arn m•L • ContinL* bmth our system of annual appraLsals for all staff to Id￿Ofy tralnlro ne8ds an¢J ass&ss Iwi effecuvely these havè bèèn rnet. Increase Inwme WO￿ wlh loc41 CommissirThB to influence what sarmeas are sought under contract and p￿pare to bid for these, ¥wrking in coopsrntsm wfflh olher local prO￿derS Possib￿. A88es8 th8 leas1￿lIty of incFèaskng In¢xrne frorn charttabla 8nd s(aknrtOry SOWC8s In Ilght of the increa￿1 In¥ohement ofthe YO￿ntrry s￿40T In pyovidlng publrc s&Nlce5. Furthw develop parlnershlps *lth othu Hartn9èy groups aThJ nelghttsuring CA￿n5 Adwc8 80 ￿ are in a strong [x)S￿l)n for partnership blds. more in carn n and research c0n￿nUè to rnonitor and cary out k)Lg camp8tr3r6 appropriat•. Contlnu8 to rgspoNJ to natDnal On￿90Ve$. Ensure that newstafl are fvlty 8nga9gd in ¢ampavw %￿rk. Maintsth Exthal Quafit Accrgdltatr)n • Ensure that P(d￿j¥S are impIerr￿ted so that we reman in 8 stroro pOSitp￿ to pass ownext aud • lrnplement the new CAtllerts ￿MberShIp pacwe. 5. En Prlnelpal Ri•ks and Uncertalntie8 Th8 8oard ol Twstees re￿[e￿ the maF>r ri8k8 to wthich the charity 15 exposed through a serfes of rlsk assgssmants that detsi18 Mrtigat￿￿ft strategies ané is updated 8t le8st annualty. Signtficant ext8mal risks io fvndlrs are tsken irrto account in Ihe Charitys development strategiès b￿lnesS plans which allow lor dNersific8tion of funding and tivilies. Th8 Tru5tee8 continue to the financial risks to the organlsation is subj*t due to tha generalty unf8voura)le eC0￿MiC clirnatè ant1 d1allen￿n9 fuTrJiryJ en￿rOnm*￿. Thè Tru3tees believe that Ihe8e and othw risks V+lll bè Mitigat￿ ty., A Board of Trust885 ¥￿th the nwsary eXperfj8r￿ and ￿rnpetenCe to Su￿Se all 8$p￿ts of the oporation of the thaity. Rg3ul* TIu61e8s' meetings with gffgthe reporbng to ensure proper review ofoperatws. The est8tAishment and MaIntenan￿ of an affactwe 0)mpreh￿l¥e syst8m cl intemol ￿ntrol to ensure ihat the Trvst869' financi8J responsibllltles are prO￿rtY discharged. Maintenane¢ of wc4J rdatbns vlth core fuThJgts ￿sUring 811 obligations Dre m8t in aox¥d8ncè vAth instNC*ions of lunderB. Continuing thrts to seek 01tematiY• Sources of fvnding in orderto dNer5ty ri$k and red￿e reliarKe on S￿driC fundets. Intemal control rfsks ore minlmlsod by th8 irnplwftentthn of pr￿édu￿S ftr &rthorisatrJn of all transact￿nS and proj8(ts. Proce4Yures are in pl￿ to 8nsurè corry)I￿nCe ￿ h￿tth and safèty. tyual opportunlties. data prOteC￿n. aduh and vulnerable adults protecoon Ivd15kHDon. Phwidal Rovlgw 1￿C￿e for the year enthng 31st March 2022 totaifed £1,309.336, a 6.5% da(x8890 from th8 pr￿OuS year12021'. £1,399.6231. Unrestri¢ted income decrnased by 2.1% to £839,891 12021.. £857,7131, IM)W8V8r ha8 inixeased Sn rdat%)n to tola i1￿orne to 64.1% (2021.. 81.3%). Resth"clgd irwme dern?¥ed by 13.4% to £469,445 12021.. £541.9101. 17 HARINGEY CITIZENS ADVICE BUREAUX TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Eynditura totallaj £1,360,335 12021.. £1.196,t*71, creating a not incomelexpgndibJrn defiut of £S0.939 for I Funds broLFht fortY8ril from th& PmiOLL8 year totdled £1,489.207 1£1.4C6.567 unrestri¢tèd 1 £82.640 restrlctedx puwng thts fmal funds hdd by the tharity * £1,476,208 at the year ￿d. ￿MprisINj of £1.446,711 unrthded and £29,497 r86tdthY fvnds. Th$ pe￿On ob1[ga￿On was dschwged duriTrJ the yw as the deoslon was made to è)Jt the ¢J8fin&Y benefrt Ponsion Sch￿8. There was 8 £38,000 aciuarial that needs to be tsken into WA)unt up to the FQirtofce6s8ti0n. Principal Fundlno Sour¢•• The chanty receNed lunding frorn Ihtr B￿ Lottery, London Borough ol Haringey, Wo Arè Eigltd, Deparlment of Wryk and PensK*ns. London Communrtw NaUonal AGsocSthn of c￿enS Athce. This funding wa8 spent on provlding generdL8t atfvicg. prim8rlty to tha rosldents ofthe London Borough of Hartngey, through the eore gateway and appoinkneni SèNiC*8 at tha tyjreaux and ￿tre￿ 8gNicos In heaNh hubs and SP8oaffjt projects. We continue to pursuè other fuThjI￿ opp¢xtunrties as they ￿￿￿. in *corfanc8 7hqth our thr*year fundlng stratwJy and wr Iderthed prlorft￿. Inv¢strnent Pollty The Charity bwll Ix)ntinua to retaln a prudenl anThJunt in reser¥es •ath ￿lf. N*)st of the ¢h8riW5 f(mds are to be spent in Ihg short terrn so there a￿ no funds for terrn investment. The polw of the B08rd of Trustees is to Invast the amount that M has avaSlabl8 and grants T￿1V￿￿ in 8dvan¢x In s￿rt temi be￿[ depJsts ond dep)stt bonds. R•s•ms Pollcy and D•fin8d Bonth Pen*ion Scheme Fundlng Thè 808rd ot Trustees has examined Ihe Charitys rwulrernenls for operatlonJ ￿erVeS In Ilght of the rfsks to the owanisabon. It has eststlished 8 Fdlcy ￿er¢bY the unrestricted funds not o)mmitt&J or invested in IwJible fixed assets hdd by Ihe tharity should ￿ 3 months ol the expenditure exdLhllng thg expenditure on finite proj￿ts. This grves 8 tsrget of around £4￿,000 in general unre¥trictsd fund$ as a mirriM￿. The Trusts? Board atso %wsh to set aslde 8 g$n•ffal r8s8rve lor 4tem8 $1#* a¥ invostrnent in IT infrastructure of £40,￿￿. The presenl level of fre8 r8s8rvag av8ilaN• to the charlty total £1,443,519. Thi5 fwJure o)rnprise8 of thè un￿tACted rosgr￿ of£ £1,446,71118ss unrestrcted fixgd assets of£3.192. Th• owrabonal r8seJves ?re ng&J8d to meet the I￿rk￿)g c41ts1 wuirwnents of the cha￿ty and the Board ol Trustee$ arg rnnfident that at this they *Duld b8 to approffiatdy mawe the of the charfty In the event of a temporary but s￿nfftant drop in t¥Jr• lunding. ThL% Is th 1Sne Iwth general guidance on charmles end not for wofit organlsatk)ns. and with 1hrso-month I￿￿¢8 pertods in ￿ntr￿tua or58rvi¢x1gvel Bgfeoments. In 2021. CAH w88 apv0￿h￿ by London Borwgh of H8rfnggy pan8￿nS {LBHPI, eXpre￿d ffsrThm at tho hèh rjsk the organlsauon was emwsed io from th8 ￿nSIOn obligatlon CTy6tallisirvJ. Thi5 W8$ primarfly due to the ky number of mambws (31 (x)nlribuUrYJ into thfyfund and ￿ beSng exlfemdy to ￿tirement age. AlthoLyJh thè pwious S years the p￿slI)n (knligation ha5 boen in surplu5, hlsloricalty it has sp8nt nKI￿ time115 ygarsl, In a defic(t kwttl¢Jn - the ￿T$t tse1￿￿ ￿l.02M In 2010. There w36 a high risk of the pension oblyabon returnlng to a deficit at a point in th8 naar fubjre, at the Yme as m8rnk•rs retiréd aThJ ¢rystsllisg, leawng CAH to fvnd thg li0tr41ity from its1Smttd cash reBeNes. LBHP suggesied CAH should considw the LGPS sch￿￿8. &8 the current financial conditK)ns 8nd p8n5k)n nd valu*lon rnay be favoursbla lalthwh thi8 ￿ld not be guarwteed at the poSnt of e￿1}. The Board of Twstee5 ¢xJnsid8r8d the itks very cardully, de(4ding to move towxrds ￿t￿ng the scheme by n￿o￿aIng Sett￿ment wtth the thr•8 mernbefs stsff wh) sthl Contritr￿te￿ Into the pension. This was condu(1od and thg ￿it dats wa5 set as the 30th 12 HARINGEY CITIZENS ADVICE BUREAUX TrUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022 June 2￿21. The Board of TNst•#5 were *Trticipating exitlng the penslon ￿h￿e at dthv in a breakavon posil¥)n or ￿1th a norninal surplus (Pwously LBHP had cited th8 ex8mp18 of rf GIH had exrted the schaffE on 31st March 2019 th8n there ￿Uld have been a surplus of £16k to L* ref￿11￿1). Thè th ￿tIOn would be (xlwlated by the rension funds actuaries- Hyman Robertson. Whan Iha &iu8riès éxit report W88 released in rnid-Novenknr. the final w&s pon￿On of £eL18k to te refunded baL* to CAH. The wAndfall Irom the a￿t of the LGPS scheme was Itholly un8xpeGted, espeoally 8s the penstln obl￿atIon had su a negatsve Impact on CAH'S bal8rt8 sheet for th8 yea1¥ rt was in defieit. The unre5tricaed free fe8eNes have kn¢re￿ and th& Board of Trust885 are currenly examlnlng how to prudenty 4)ply thwn to ensule the fubjre )In￿la1 securty of theorg¥Ilsat￿n 8nd to Supkwrt the ddlvery of ts tharit*e obleL*ves to dlents In Harfngffy. st•t•m•nt of Boayd of Tru¥t••#' R•sponslbllltl88 The T￿$t￿ {who ar• also dir￿￿0[5 of Harin9ey ci1￿5 Athlce Burea14x for the purpos89 of c4npary law) aro resrKJn8ible frjr preparirYJ th8 Trust8￿, Rèptsrt and finanaal &tat8rnents in a¢9)rdan￿ wth applicable law and Unrted King(lom Ac￿unung Standards (United King&)m Generalty Accepted Ar£O￿tIng Pracltsl. Company law wuires Ihe Trustees lo prepare finanoal slat8ments tor ￿ fina￿￿1 year that 9￿8 A trt￿ and fair of the stata of aff￿r9 of the chaiitable (Ylmpany. and of the Ino)miro ￿UrCeS and application ol resources, induding Ihe Income and ex￿nditur￿ d the tharitablg company Ihat per¥)d. In pwariro tkjse financial TnJstee5 are requlrad to." sdect gUrtaL4& w)unting Frf)li&es and then apply them I￿nSIsten￿.. observ8 the methods arxl princlpbs In th? ¢h?rit&es SORP 2019 IFRS 1021,. make judgments and es￿mateS that ore ￿sonabl& Bnd pftjdènt,. ststs %thetheF appllcablo UK Aco)untlThJ Standards h8vo boon folthspd, to any materf¥l departure6 di8rJosod and explalned In the ffinancAal statements,. prepare the fin8nri4 ststements on the c4)ncEm basL8 un￿9 it Is inapprowiate to p￿ume thot the th8rltable c£*npany VAII eontiThr& in op6rating. The Tn*ie8s are respcffisible for keeplng 8d8quate w)￿n1*ng rttorth that dlxkJ8èWth Teasonable a¢wracy at any tim& lh¢ finanoal tK)sibon ofthe thathable o)mp8ny and enable th￿n to ￿sUre th8t the flnandal stEt8rnents mmrAy wlth thè Compani85 Ad 2C*)6. They are also restK)ngbl8 for safeguardlng Ihe assets (rf the charfIab￿ ￿rnpany arnl henc* for taking reasonable steps ky thtr pre￿￿tK)n 8nrk ￿ hav8 performed, ￿ have l¢Jentlfled any materèl unc*tslntles lo events or nditiorts th8L ￿￿1ViduallY or ￿l*￿v￿Y, may cast signfficant doubt on the Charflabje Cunpany's abi*ty to continue a golig concem for a perw)(J of at least months from whèn thè finanaal statemants arè authoris•J for issuè. Our resk￿SiLIl1ties and the resp)rtsiknlth'ts of thè 808ril of Tru8teas Mth re8pera to gory c￿Cern describ￿ in thè rd&vant s8ctKsns of this raput. 15 HARINGEY CITIZENS ADVICE BUREAUX INDEPENOENT AUDITOR'S REPORT TO THE MEMBERS OF HARINGEY CrnZENS ADVICE BUREAUX FOR THE YEAR ENDED 31 MARCH 2022 othgr Information The othw infomation cornprises the iTlomi8bon induded In the Trustees. Report othgr than the financlal statements and our auditorfs reiport thereon. Thg Trustegs (who ar6 akn the directors of the ¢harit3ble LYJmpany for the purrN)ses of ￿rnpanY lawl 8rè ragp)nsible for the other Information. Our opIn￿n on the financa813tat8rn8nts d085 not COV8r the othgr Infomialon ¥nd. except to the exl8nt otherwse explir4ty ststed in our reporL we do not expré&* any fomi of ossurance o)nclusion thereon. In c¢nno¢tk)n our audit of Ihe fin8ndal stat￿ents our rnswnsiknlity Is to read the olhgr InfL￿abOn and, in thing 80, consider whether the other informabon is materially in￿nSIstent vAth the finanoal 8taternents ￿ our knovAedge ObtsIn￿ in the audit or otherwis• appeafs to be rnaterfalty MI￿￿(0d. If ￿ identify such material Inconsistenc￿ or )parwrt m8kn81 misst*èmènts. ere requlred to determine bthether there is a m8terfal misstat8rnent In th8 ffinancial statements or a matertal misstatgmgnt of th8 Other informatK)n. 11. basa on the %wrk ￿ have perf0m￿. conclude that Is a material misstaternent of thls othw Infom)atlon, ￿ ar8 reqiirpd to raport that fact. We have Th)Ihlng tt) ffjport in MattoT• ¢)n whl¢h ￿ arn r•qylr•d to r•port by •xc•pUon We have rfsthing to rewrt In respecl ofthe loll￿n9 matter5 in raation to the Ch8ri1i85 (A￿OUnts ond Rel￿$) Regulations 2008 wuire to reportto you K, In our opIn￿. the infomatK)n giNw in th&fi￿n￿•1 statements Is Inrxjnslstenl in m8tgrW rgspect vAth the Trust￿. Report,. or sufficlwl a¢J>)uniing rwrds hav8 not be•n kept., or the finandal statements not in agr•8m•niwth the aLX4Juntlng W￿[[15.. or we have not recdved all the inforrnabon and expbnations w• requlre forour audit. R•sponslbllltl¢$ 41 Tru•te•B As explalned mor8 fully in Ihe Statèmènt of Board of Trustee8' Rgsponsibilrbes set out on pages 13 and 14. the Trustees are resportsible fw the preparat￿)n of flnanclal statements thic* give a trug and falr and for suth intamal ¢))ntrol as the Trustees deterrnine is necessary to ￿able the preparation of flnandal staiements that are free from matorial Mi$$t8lw￿nt. ￿ether due to fraud orerror. In preparfng the financi81 st*8mants, the Trustees are responsi1￿t for assessing the ch8ritabte comp•nys abllty to cxjntinue as 8 golng cnncem. dlsdosiryj. as applicabl8. matters rglated to going wncfjm and uslng the going ￿nC*M basls of acts)untiro unless the Trust•ts •ith&r int￿￿ to hqui¢Jate the dTr8rit8ble L¥)mpany or to c*ase opwaoony. or havè no reallstlc artemative t￿rt io do $0. Audltorf$ re8pon•lbSlllleJ lorlh• audttof th• ljnanchl •tst•m•nts We have been apF)oinlwl as ￿ditor under ￿tknn 144 of the Charityes Ad 2011 and reFrtM in 8cwrdartt ￿1th fwJulatioTrs made under $￿tIon 154 gfthat Ad. Our obiectivas are to obtsln reasonable assur8￿? abJut ￿th￿ther the financial stsiements as 8 wholè are f￿ from m8t8rfal mlsgtatement, whether due to fraud or error, and to issue an a￿lIt0￿$ report that 1ndl￿e$ our opinion. R88sonable assuran￿ is a hwjh level of 8ssur8nce, but ts not a guarantee that an 8udrf¢ ¢onducted In aco)rdance vAth ISAS IUKI aw datect a material missts¢ement when it tr￿Sts. Misstatsments c8n ar￿e from fraud or errDr and are con$Kler￿1 mat8ri81 rf, indivk1ually or In the &Jgre93ts, Ihey ci>uld raasonably be expected to infiu8rKe the oconomK deddons of t*8n Ihe basis of thesolknancl* ststwnents. A further description of our re3rK)Th￿blIrt1eS for the audit of the financial slat8mènts Is located on the Financial Reports"ng Councal's web-slte 8t www.frc.org.ukl8￿l1OrSMSponsibllrtl"Bs. This lorms part of our auditofs 16 HARINGEY CITIZENS ADVICE BUREAUX INDEPENDENT AUDITOR* REPORT TO THE MEMBERS OF HARINGEY CITIZENS ADVICE BiIREAUX FOR THE YEAR ENDED 31 MARCH 2022 exi•nt to which th• •udltvns Con￿d￿r0d capable of detectlno Irr¢gularltles. Indwdln9 fraud We identify and assess lh8 risks of m8teft81 misstAtern8nt of th8 fin8nual st818m8nts, whether duè to fr8ud or 8rror. arnl then design and perfoTh audrt procwJurg5 re8tK)nsivg to thlw ri8ks. indudin9 Ob1￿.n1rrfj 8￿Irt gvidBnc8 that 1$ sUffici￿t and 9ppr￿ri8te to provide a bask8 fc* opinion. In id8ntWylng and addr￿￿j risks of rngt8rl8t misstaternent in of irregukn'tiÈs. induding fr8ud non- complkence￿thlo￿ and wulations. OLK wotsdur88 Ind￿￿1 the folk)wA￿.. We obtained an underslandityj of lths and reguktiMs that allect the charitable company. focusir2.393 The ft0ts8 on p8988 21 to 34 fo￿ an integral ofthg$9 finondal staifftnts. 20 HARINGEY cmzENS ADWCE BUREAUX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 t SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 1.1 General Inforn￿lI0n and basls of preparatlon Haringey Citriwts Advi￿ Bureaux is a rwJk8ter&J charttable o)mpany linited by guardntee {Charlty number 1069301, Compgny number 035018461 wth th? Charity COmmi￿10n and Regi51rar of Compgnles in En￿and and Wales. In the event of the Charity beRig vA)und up. the liatrAIty in respect of the guèrantee linited to £1 per memlxr of the Charity. The a(*Jress of the registered office is 20E Wath&)f Garden5. London. N17 7DN. The nature of the Charity¥ op8ra*K)ns ar￿ prirw818ctivits'88 ar8 lh8 promotion of any aritable purposes forthe benefft ofthe communlty In Harfroey and surrounding areas bythe athancemeni of eductition. thè protection of he*th 8nd relief of povety, 3Kknes8 8ThJ distress. The Charty eonstitutes 8 wblic benefft entity define(J ty FRS 102. The financi818tatThnts have b prepared in ac￿r(lan￿ St8lerrent of ReComm￿d￿j Prxtrca wplicable lo charftie8 prep8rng their flnancid statements in wAor(lanr* wth thè Fin8nrA81 Rèpo￿￿? St8nd8rd 8pplie8blè in th• UK ènd Republic of 1rd￿d IFRS 102) issued in October 2019. the FIna￿la1 Reporting Standard appli¢￿ In the Untsd KiNJdom and R￿UbliC of Ireknd {FRS 1021, the Charibes Act 2011. the Companies Act 2006 and UK Gentr￿lY Accepted Prth. Tho flnarrial ststgmenls are prepar8d on a going CL￿Cern basi5 under the histori(xl (x>st (¥)nv8ntion. Tho fin￿81 statements are prepared in sterfing whKh is Ihe funcbonal I￿rrencY of the Charity and rou1￿ed to the riearest £. The skJnmc8nt acwurfTrJ applled In th8 pr8pgra¢fv)n oflhag8 fin8nd81 st8t8rnents Bre sèt out bdow. These poliL?es have b88n consist8nUy 4)pl•d to all years pros•nt8d un185S Othowws• stat•d. 12 Fund8 Generd luntts arn unreytricted funds 8v8il81)Je for use at the discretion of thè Tw8teos in furth•ra￿e of Ihg gwerdl obje(#ive3 ofthe Charity and which have not been de6&nated forothw purposes. Re￿nded funds are fuThSs vthlch are io be used In accordance Sp￿ffic restrlctbns ImFosed by dortjrs or vthieh h#ve been ra￿ed by the Ch￿ty for particular purrKws. The cc6ts of r8Biro 8nd 8dministering such funts are thatged ryalnst th• s￿￿¢ fund. The alm use of gath rg$trieted fvnd is set out in th6 note8 to the fin8naal Stat￿ents. 21 HA￿NGEy e￿IzENs ADVICE BUREAUX NOTES TO THE FINANCIAL STATEMElffS FOR THE YEAR ENDED 31 MARCH 2022 SUMldARY OF SIGNIFICANT ACCOUIMMG POLICIES Iconllnuedl 13 Ineom6 r•coqnlllon All Incomlng resources arg indud8d in Statement ol Financ+al Ath￿9S (SOFA) when th8 Ch*ity Is 183ally entided lo th• inc4me after 8ny performÈnce conditions have been rnet, Ihe ￿ount can be me89urg fella￿Y and it Is tyobablo thatthe inc¥)me wll ￿ rewvgd. For donations to bg wognisad the Charfty wll have been rolifi8d of ths amunls and the settlèment date in ting. 11 there Sra tX￿dItionS attached to the don8Uon and thLs Wuires 8 18V81 of pthmance b8lorè gntldemènt Can b& obtained then in¢omo Is d618rred until those conditions ar8 fulty met or Ih8 fuffilm•nt of those conditions ￿ *ithin the cLJntrol ol the tharity xnd l( Is probable that fv *ill be fuKIII&. No amount Is Induded in th8 finanei81 statements for volunteer tim8 in lin• ￿ the Stakn￿t of Re(¥)mm￿d￿ Ptactice applIc8￿e to L*aritses preparfng their fin8n¢1￿ staternw)ts in ac￿r￿8ncè with the Finanoal Rew)rting Standard 8pplicabl& In the UK and Reptrblic of IMl8nd IFRS 102) iss￿1 in OL*Jb 2019. Furtherdetsil ofthe wntsibU￿n of volunteers gfven In the Trustees. Repc¥t. Income from tsN)vemment and other grants and O￿tract$ is r8cqnlsed at ￿u8 %thèn the Chartty has entrfement after any perforrnBnce Lx•nditiofis have been mel, it 18 prob8bK8 that the ino)me will b& r￿1Vaj and the ¥mount can be meagjred rdlat￿y. If 8nfjU8m•nt is Th)t met then these amounts are deferred. Intèr*t ¢)n funds held on deposlt is indLrd8d %•knèn r￿l￿a￿48 and the arnount can b8 m•asurod reli8bly by Chadty.. this is noM)a1￿ upon notification of the interest paid or paYa￿e by Bank. 1A Ex￿ndItUrn r•cognlUon All ¢xpenditure Is BcctsJnted for on an accruals basis and has begn claSs￿d undw hoadlngs thal aggwat8 all rnsts related to the catwJ)ry. E￿•ndttu￿ Is reryJgni58d vther8 there is a I￿81 or cor¢lw¢tive obligation to m8k¢ payments to thlrd parties that bMII r95uIt in the outfh)w of e￿n￿Mi¢ bwgffl. E4)8ndlture on charltable activlti85 indud85 all ujsts InCuTh￿ on lurtheriry the obl￿ts of the Charity. Irrew¥8rtJl& VAT Is ChOrg￿ B6 an ¥gainstth8 athty for vknlth the rdat8d •Y￿ndmU￿ 8r058. 1ts Support c¢xts 0110¢ Support (x>sts are those that as8lst th8 %sY)rk of th• Charity but do not dir8clJy rep￿$￿tt tharptable ad1v1￿85 and indude office w8ts. govem8nLY ￿1$￿, admlni$tr8tivg and payroll c¢sts. They are incurr￿1 in support of gxpenditure on the o¥ects of the Charity and Include pro1￿t rn8nag8ment ￿rried out al Headquarters. Wher8 sUP￿rt Lxjsts cannot be dlrecty attribuied to pat￿c￿L3r h&adlTrJs they have olkK*tod aypendltur8 on £hadtsb￿ ￿tIVities on thè basis of staff trrne involved in the actlwty. Tha analysls ofth8Se Costs 18 [tidud￿ In Note 6. HARlI￿Ey CITIZENS ADVICE BUREAUX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 SUMMARY OF SIONIFICANT ACCOUNllNG POLICIE8 Icontlnuodl 1.6 I1x￿ av491• All asseis l￿ling morn thgn £SCQ ar8 wito11$8d. Tangiblg fixed assets are sl*d al cost (or deemed rJ)st) or valualion less aCc￿M￿laIed depreoaknon and acojmulatgj impaimènt loss89. Cost Inthdes ￿sts dir￿ 8ttribU18b￿ to rn8klry the a5S8t (Xp￿18 0￿rth.￿g intèndwy. Depreciatwjn k% provided on all tangible fix8d ￿ets, at rnt85 calculated to write off lh8 Oxt, less 85timat idual valu¢, of each 8558t on 8 Sy5t8m2tic b￿8 over its 8Y4)ected useful IK8 36 lolbbv8". Computor gquiprrtht Oiheroffice ewipment 33.33% Stravjht line 20.00% StrnvJht line 1.7 D•btor• r•rAivabl• and ¢r•dJlorn payablo wlthln ono year Debtors ore recKgniB￿ w*en the Charity is legalty enti￿￿ to the Income after any perf0mlan￿ ¢(4)d￿on$ have besn met the amunt be measur&S rellabty and It18 probab￿ that the incc￿e￿Il be r￿￿ved. Cr&Jitors orè recLwJnlsed Wh￿ Ihe Charfty h8S 8 pr85ent 18981 or co￿1[￿C￿v8 obllgBNon re3uNlng from past 8V8nt and the settknient 15 expected to result kn an outfitrwof ecXJ￿M0C beneffts. 1.8 Prti¥ision8 Prow5*￿$ ar8 r8rtsJnlsed when the Charfty has an obllgatbn at the balance sheet date as a of a past e￿nI, probabje thal an outflow of eo)rKJrnic benefits ￿111 be wuired In seWwnenl and the amount can be reuabty estimoted. 1.9 Flnanclal Instruments The Charfty only has financ01 assels and ffinantyal liabilitres of a kind that qualrfy as b85ic finanaal InstNments. Cash Ss hehj at cJ)st. Othar basic ffinanckql kngtrumants 8re ItNtially recognkqed at tr8nsaeUon value 8fKI 8ub8eqvently m&ssured al amorkns8d cost usirK4 th8 •ff8ctw• int•r8st methtyj. 1.10 Lu•• Assets wulrwj und8rffinanc* ￿$￿9 am c¥pitslisgd dop￿￿010¢ ov¢r Iho shortar of1h¥ basg Iwm ond thè expected u89ful lrfe of the 8SSgt. Minimun lease payments are apportIc￿ed betsveen the f￿nce and the reducth)n ol th8 OUtstandSng f•as8 lia￿litY ￿sIng th8 èffectiv8 intarest method. Th8 r8lat8d oblb8fknns. net offtjture chaTrJ8s, are ind￿￿ed in creditors. RentsLs payable and r&wvalJle under operating leases tt￿ thwged to the Stat&nent of Financial Adiwt on a straight fine b￿5 OV8rthe p8ri0d ofth818a58. 23 HARINGEY CITIZENS ADVICE BUREAUX NOTES TO THE FINANCIAL STATEME1￿8 FOR THE YEAR ENDED 31 MARCH 2022 SUMAIARY OF SIGNIFICANT ACCOUNTING POUCIES l¢ontlnu•d) 1.11 Employ•• b•r￿fft• Th• charity fomiety Opera￿ 8 defin8d benefft pertslon schwt7e, hrwrtver Harfr4Jey CKlzens Advi¢• Bureaux ce&geil as an emplw In the London BorDugh of Haring¢y Penscffj Fund on 30 June 21Y21. ¢hority 81so operat6s a defined c0nlribul￿n pension sehemo, wntrfbulkJnB to vthith *• •xpenged in Stat8m8nt of Flnancial A(￿V￿e5 88 thoy bet£*me Paydble. 1.12 Taxatlon y WFtu8 of 9. 478 CorrK•rottJn T8x Act 2010, the Charity 1$ 8xèmpt from c0rFrtyath￿ Ta 1.13 Going ¢¢n￿rn The fin￿￿al Btatements have been prepared on a concem ba$is as the Tnth beli8v* that rnat￿al unc8rtainti85 ￿ist. Th8 Trustees h8v8 consid8r8d the level of fijnds hèld and the expected level of income and eypenditurg for 12 months frcm authorising th959 finanoal stalernents. The budget8d Income and expenditura 15 suffi￿nt with the levd of reswves for the th&ity to be atle to Ca)ntinu¢ as o o)Ing ttffic*m. 1.14Judgernont• and k•Y•Our￿ ￿￿1ml￿On unc•rtalnty The fdlwng judgements (apart from those invomng estim8¢g81 h8ve bgen rnade In Ihe process of applyirvJ the above aciy)unting polldes that have had the rnost svJnific4nt effect on ￿noUnts reLwnlsed in th& finandal stalemwrt8'. DepwAation rates for t8ThJible fix8d a588ts Basis of valuation of Inandal Instrumènts Pension schthne ￿mp￿0[￿ r&Su￿ng inthe valuation of the daffined bendft sckne 58ets and Ilabillties 24 HARINGEY CITIZENS ADVICE BUREAUX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 A•ARCH 2022 2. INCOME FROM DONATIONS un￿StrICted Funds 2022 Restrieted Fund$ 2022 Tolal Funds 2022 Total Fund 2021 Donations 100 100 1.000 In 2021,*1 irKzfnefrom donat￿n8 ￿re ur￿eStrICted. 3. INCOME FROM INVESTMENTS Unbystrlcted Funds 2022 Restrlcted Fund5 2022 Total Funds 2022 Ttstsl Funits 2021 Bank Nrter851 76 851 In 2021, all inwme from inv85trnenls wag unrestiicted. 4. INCOME FROM CHAR￿ABLE ACTIVITIES Unr¥$tri¢t•d Fund• 2022 Restrl¢ted Funds 2022 T•)tsl Fub)d• 2022 Total Funds 2021 Lmdon Borough of Harthg•y Connerted Cornmuntyes Icommunttieg Firstl InformAtion A{1v￿* #nd Guidanee 21KI.IXIO 200,000 137,214 816,00fr 81lOOO 816.￿0 1,016.000 816,0 953,214 200,000 Big Lott•ry Pro Bono Communities Prfvate Renlng Secttx 13,7SO 11750 10,070 35.716 13.750 13.750 London Comnwnlt1•8 London Cornmunfry Response Furnl 9.970 We Arg Dlgltsl Pound Adv 23.255 32.424 DWPlCltknrA Advlee Rlehmond Kkkstart 7.625 7.625 Harinyy Giving HgrfNJeyTcgethgf 5.CK)O Bridg0 R•n•wal TnFsI Advicg Flrsl 12.518 12J18 Clttzen• Advlc• Debt Relief tknr Halp to Clalm BEIS indnjsh Totsl 70 70 235,552 43 295.786 63,224 2.145 1 397 522 235.552 390 390 1,309.160 469,445 In 2021, ofthe lotsl inc￿$ ¢hgritsbl8 ocbvrt*8, £855,612 was unMtricbJ and £541,910 was r88tri¢W. 25 HARINGEY CITfzE•JS ADVICE BUREAUX NOT&8 TO THE FINANCIAL STATEMEMTS FOR THE YEAR E14DED 31 M>JICH 2022 5. EXPENDITURE FROM CHARITABLE ACTMnES Acti¥iti•s Suppcrfl Costs Undertaken Dlr•elfy 2022 Totsl Fund• Total Funés 2022 2022 2021 Pro Bono COMM￿￿18$ BEIS Infrastru BEIS HMPT London CommunitA BEIS InnovgtK)n We Ar8 D￿rtaI Prfvate R8ntkng S Kickstart Hdp to Claim {atAI Athce First Al Harfrgey G￿Ing Gener Connected Communities (Comm￿ty Fir8tl Crutch lnforrnati￿ Advice & Guidan￿ IIAGI 3,308 7.677 6,745 9,746 17,969 11.479 10,254 9,970 25.0 23,265 6.745 4737 16,682 8,560 7,771 188,421 8.392 10,538 2.805 3.679 78A91 127 27,220 11.385 11,450 266.912 12.519 237.317 5.OLM) 65AJ5 132295 65.455 200.000 67,705 137.215 39,012 ,026 1.1&￿,667 5B6,502 1.029,929 154.744 330.406 741.246 1,360.33S Totsl 8UPP)rt cc6ts 01 £330,40612021.. £1622WI are aTrayS￿ In Note 6. & ANALYSIS OF SUPPORT COSTS 2022 Wages and sdarles {inCI￿lI[￿J Nth'LM)81 Insur8nc• and P￿tIn} Prwnises cxlsts Actua èy4)8 Staff 8 Vojuntggr Govern￿ce wsts 156.852 37,959 87,717 37,117 10,357 113,857 31.714 71,646 387 9,167 519 iio.ocoi Defined benefit interest (Nole 111 Defin8d ben￿ pension seNice cost luedit} 330,406 162,29) Total govgmarK4 of£10,357 (2021.. £9,167) are analyEed in Nots 7. 7. GOVERNANCE COSTS 2022 2021 AudSlorfs remuneraUon- audtt of Iha Ilnanclal stat•ments Auditorfs remuneration- preparatlon of fflnanctal stateM￿ts Le94 and profe&8ional Travel and subsistenc Tralning and conferetKes Othar Total 7,212 1,757 1.388 6.995 13 455 9,167 10.357 ## **HARINGEY CITIZENS ADVICE BUREAUX** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **8. NET INCOME / (EXPENDITURE) FOR THE YEAR** |**8. NET INCOME / (EXPENDITURE) FOR THE YEAR**||| |---|---|---| ||**2022**|2021| ||**£**|£| |Depreciation of tangible fixed assets: owned by the charity|**2,474**|5,387| |Auditors' remuneration – Audit of the financial statements (inclusive of VAT)|**7,212**|6,995| |Auditors' remuneration – Preparation of financial statements (inclusive of|**1,757**|1,704| |VAT)||| In common with many other organisations of our size and nature we use our auditors to assist with the preparation of the financial statements. ## **9. KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES** The Charity considers its key management personnel comprise; The Trustees Chief Executive Finance Manager Operations and Development Manager The Trustees neither received nor waived any remuneration during the year (2021: £NIL). The total amount of employee benefits received by other key management personnel is £147,624 (2021: £144,634). The Trustees had £NIL expenses reimbursed during the year (2021: £NIL). No amounts were paid to Trustees to attend training courses (2021: £NIL). ## **10. STAFF COSTS AND EMPLOYEE BENEFITS** |Wages and salaries
Social security costs
Other pension costs
**Total**|**2022**
**£**
2021
£
**1,012,920**
804,251
**90,651**
69,734
**38,866**
81,367| |---|---| ||**1,142,437**
955,352| No staff costs or employee benefits were paid by related parties. Aggregate number of full time equivalent staff whose remuneration exceeded £60,000 in the period: |||**2022**|2021| |---|---|---|---| |£60,000|- £69,999|**1**|-| |£70,000|- £79,999|**1**|-| 27 ## **HARINGEY CITIZENS ADVICE BUREAUX** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **10. STAFF COSTS AND EMPLOYEE BENEFITS (CONTINUED)** The average monthly number of persons employed by the Charity during the year was as follows: |Generalist advice
London Communities
Help to Claim
Pro Bono Communities
Connected Communities
We Are Digital
Crutch
BEIS
HPP
Support staff
Kickstart
**Total**
**11. OTHER FINANCE INCOME / (COSTS)**
Expected return on defined benefit pension scheme assets
Interest on defined benefit pension scheme liabilities
**Total**||**2022**
**No.**
2021
No.
**12**
12
**-**
-
**5**
5
**-**
-
**4**
3
**1**
1
**-**
-
**-**
1
**-**
-
**2**
2
**1**
-
**25**
24
**2022**
**£**
2021
£
**-**
67,000
**-**
(57,000)| |---|---|---| |||| |||**-**
10,000| ## **12. TANGIBLE FIXED ASSETS** |**12. TANGIBLE FIXED ASSETS**|| |---|---| |**Costs**
At 1 April 2021
Additions
Disposals
**At 31 March 2022**
**Depreciation**
At 1 April 2021
Charge for the year
Disposals
**At 31 March 2022**
**Net book value**
**At 31 March 2022**
At 31 March 2021|**Computer**
**Equipment**
**£**
**Other Fixed**
**Assets**
**£**
**Total**
**£**
-
16,558
16,558
-
2,340
2,340
-
(2,420)
(2,420)| ||**-**
**16,478**
**16,478**
-
13,232
13,232
-
2,474
2,474
-
(2,420)
(2,420)| ||**-**
**13,286**
**13,286**| ||**-**
**3,192**
**3,192**| ||| ||-
3,326
3,326| 28 ## **HARINGEY CITIZENS ADVICE BUREAUX** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **13. DEBTORS** |**13. DEBTORS**|| |---|---| |Trade debtors
Prepayments
Accrued income
**Total**
**14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Net obligations under finance leases and hire purchase contracts (Note 22)
Other taxation and social security
Other creditors
Accruals
**Total**|**2022**
**£**
2021
£
**128,479**
5,582
**6,965**
8,383
**-**
-| ||**135,444**
13,965
**2022**
**£**
2021
£
**1,469**
2,486
**19,060**
53,506
**10,035**
9,652
**52,143**
117,431| ||**82,707**
183,075| ## **15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR** |**15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**||| |---|---|---| ||**2022**|2021| ||**£**|£| |Net obligations under finance leases and hire purchase contracts (Note 22)|**1,404**|884| |Obligations under finance leases and hire purchase contracts, included above, are payable as follows:||| |In one year or more but less than two years|**468**|884| |In two years or more and less than five years|**936**|-| |In five years or more|**-**|-| |**Total**|**1,404**|884| 29 HARINGEY CITIZENS ADVICE BUREAUX NOTES TO THE FINAMCIAL STATEMEi¥rs FOR ThE YEAR ENDED 31 fuRCH 2022 I& FUND RECONCILIATION Bolanco at 1 Aprll 2021 Tran•fÈr8 G￿n• 1 8alanc• at In Ilxrt {LoMMI 31 March 2022 Incom• Expendltuwe UnreBtrlet•d Funds General funds Property ￿ntenance Pengk)n reserve 831,567 839.891 1833,9211 f￿4,174 IA41,711 5.1)00 570,OLK) 1.406,587 38,000 877.891 1833.921) 1M46.711 R•stflct•d Funds Pro Bono CommunlUe8 BEIS Infrastructure BEIS HMPT Conneded Communths 8EIS Innovatw Hdp to Cltlm 7,677 6,745 9,746 17,8771 16.7451 19,7461 1200.(WJI 200,0 58.472 235,562 7.624 12.S19 13.750 82.140 469A45 1266,9121 111.4501 112.5191 11.365 1526A141 27.112 Athilce Rrst Ald Private R•ntin Sector 2,385 29,497 Totsl Funds 1,489207 1,347,336 1.476,208 Thè Board ofTrustees have designated funds for thefollowro purpos88.' Prop8rty MantenanC￿ is to cx)ver periodic molntanance on the Mted propwty. Pensk)n reswve thich represents the b8n8fft pensi￿ scheme liabllty. CAH ceased 85 em emptyer In the LcrfKlon B(xough of Harfngey Pe1￿(￿ Fund on 30 Junè 2021. The restrica¢d lunrough of Hartngey. Ki¢kst8rt ￿ 8 DWP scheme to ueate new joi* for 16-24 yw olds on Unlversal Cr•Jit who are at risk of long48rm unempbym8nL Advke Flrst Akl L8 8 proj￿1 to deli￿r athlce on first aid in the ￿mn￿nty. pthDJ￿Y at fth)d ba￿. ivatg Rant￿)g Sedor b a &g Lollwy funded pthjt project w)[k￿9 M partwshlp *•Ath Pro Bono c0mrnunlt￿ to train sludgnts to k¥ovldg tdephone advke io dvants ¥Mlh issues relatlr*J to rentnig hom85 from pri¥8t8 seetor kqndkyds. HARINGEY cmzENS ADVICE 8UREAUX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 17. ANALYSIS OF IET ASSETS BETWEEN FUNDS Unr•strfct•d Funds 2022 R•strfet•d Fund# 2022 Totsl Funda 2022 Total Funds 2021 Tangible Fwed Assets Current Asse Creditors due vAthln on¢ y¢ar Cr•Jitors due kn more th8n onè year Penslon As68t I1118bllltyl Total 3,192 1.527.630 18Z70n 11A041 3,192 1.557.127 {82.707) (1.4041 3.326 1,OYJ.840 {183,0751 18841 570.(K)O 1.489.207 29A97 1M(711 29A97 1A7630 18. PENSIONS AND OTHER POST RETIREMENT BENEFITS The ch8rity forrnerty OP8rat8d a t)èfin8d ￿nefit P8nslon schame thr￿gh the London E4yough of Harfngey Lc¢al Govemment Pensh)n S¢hwne ILGPSI. Haringey Clllzens Advlce Bureaux cea5wJ a5 an employer In the London )rouyh of Htringey Peng)n Fund on 30 June 2021, and Borough instru(Xed Indep￿ent aCtu￿8S to C8ry Out a final Cwati￿ valuatK)n otthe p￿1)n fuTrJ at thls dat•. These cakulath)ns hava been prepared in arwrdance ¥￿th the Pensions Technical ALluarial Stan¢Jard by the Finanaal Rekvlng S￿dard. The assurnpllons us8d in ordar to c31￿J1at8 Ihe L¥SS8ti¢m s￿￿luS of £8(B.OCrfJ are list￿ below. P￿￿￿81 actsjwlal assumptknns us8¢ as folk7K.' 30 Juno 2021 2021 Dlscount rate Future Salary Inmses Futur• ￿n$￿)n Increa885 1.2% 3% 2.3% 3.85% 2.85% The mortalty &%sumpkns for I0￿¥1ty (ln yaarsl on rntir*n•it at age 65 are.. CuThent pengloners Fuium pÈnBior Males F•M￿sS 21.7 ￿•1* 23.9 ￿•r* 23.2 years 25.8 years The amwnt that major dass tl pe￿IOn 8858t constitutEs rA the fwr value cl the totsl pl￿ assets was as follows.. 30 Jum 2021 31 March 2021 Equit*8 Bonds Propety Cash 21% 10% The actual retum on s¢h6me assets from 1 April 2020 to 31 Marth 2¢)21 22.2%. The total returrffj to 30 Ju 2021 24.3%. 31 ## **HARINGEY CITIZENS ADVICE BUREAUX** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **18. PENSIONS AND OTHER POST RETIREMENT BENEFITS (CONTINUED)** The total cost recognised in the period was as follows: ||**Year to**|Period to|| |---|---|---|---| ||**31 March 2022**|30 June 2021|2021| ||**£**|£|£| |Interest on obligation (Note 11)|**-**|-|(57,000)| |Expected return on scheme assets (Note 11)|**-**|-|67,000| |Current service cost (Note 11)|**-**|-|(41,000)| |Total cost recognised within (Note 11)|**-**|-|(31,000)| |Movements in the present value of the defined benefit obligation|were as follows:||| ||**Year to**|Period to|| ||**31 March 2022**|30 June 2021|2021| ||**£**|£|£| |Opening defined benefit obligation|**2,982,000**|2,982,000|2,484,000| |Interest cost|**-**|-|57,000| |Contributions by scheme participants|**-**|-|7,000| |Current service cost|**-**|-|41,000| |Actuarial (gains)_I_losses|**255,000**|255,000|495,000| |Benefits paid|**-**|-|(102,000)| |Movement on Cessation|**(3,237,000)**|-|-| |**Closing defined benefit obligation**|**-**|3,237,000|2,982,000| |Changes in the fair value of scheme assets were as follows:|||| ||**Year to**|Period to|| ||**31 March 2022**|30 June 2021|2021| ||**£**|£|£| |Opening fair value of scheme assets|**3,552,000**|3,552,000|2,906,000| |Expected return on assets|**-**|-|67,000| |Actuarial (losses)_I_gains|**293,000**|293,000|578,000| |Contributions by employer|**-**|-|96,000| |Contributions by scheme participants|**-**|-|7,000| |Benefits paid|**-**|-|(102,000)| |Movement on Cessation|**(3,845,000)**|-|-| |**Total**|**-**|3,845,000|3,552,000| |CAH’s funding position as at the cessation date is set out below:|||| |||**Final**| |---|---|---| ||**Cessation**|| ||**Results at 30**|| ||**June 2021**|| |||**£’000**| |Liabilities:||| |Active||**-**| |Deferred||**924**| |Pensioner||**2,313**| |||**3,237**| |Assets||**3,845**| |Surplus / (deficit)||**608**| 32 HARINGEY CITIZENS ADVICE BUREAIIX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2tr22 1& PENSIONS AND OTHER POST RETIREMENT BENEFITS {CONTINUEDI Amunts for Ihe current and Fvevious four pthods as lolbws.. 2021 2019 2018 Defkned ben8fit obligation Sch8m8 &%sets N8t a5seVlliablltyl Cessation surp1￿5 E¥*)erknce adjvsth*nts on 8then {3237,0001 12.982.WOI {2.484.0001 12,820.000) 12.665,000) 3.845,000 3.552,000 2,￿8.{MKJ 3,104.000 2,952,000 fj08.iWO 570.Th)0 422.000 284.00 287.0(X) 608.IJOOI s71￿0 I275.￿0} 74.OC(I 64.0 19. OPERATING LEASES At 31 M8rch 2022 thg lotsl of the ChariV$ futur¥ minimum18ase payments urnler non-canrdlat4è op*abng laa lor land and buildiros are 88 fdhm.. 2022 Amounts payablo.. Within 1 year B8hveen l and 5 years T¢>t•l ilooo 18,000 18.00 18.c#)O 20. RELATED PARTY TRANUCTIONS There I￿re rK•ne identifBd. 21. FINANCIAL INSTRUMEMTS At the bala￿ $h99t the Charity h¢hJ Ih&lOllo￿rtg. 2022 2021 Flnancial ass•ta Flnancl•l ••8•ts ma$ur•d #t eost Cash gt b￿k and in han Flnanclal gssets mèawrnd at amortI•￿ eo•L. Other deblors Trade debtors 1.421,6B3 1,085,876 129A79 1.551,162 5,582 1.091,457 Fln•n¢l•l IlablStle8 Flnanclal 1lab1llll￿ at •m¢rtlwd ¢ost: Trade creditors Othor cr•Jitors other taxotlon and Sodal securlty ObJi9atbJns underfiTrance18aEes 10,035 19,060 2.873 31.968 9,652 53,506 3.370 66,528 33 HARINGEY cmzEMS ADVICE BUREAUX NOTE5 TO THE FINANCIAL STATEMEMrs FOR THE YEAR ENDED 31 MARCH 2022 22. OBUGATIONS UNOER FINANCE LEASES 2022 2021 In less thon year In one year or more but less than two yèars In yws w rn0￿ wjd less than fve y08rs In five y&aTr or more T•Jtal 1A69 936 2￿73 3.370 The obligations underfin8r￿ leases are repÈYttb￿ by equal instaments. Fin￿re leases relatèto a photocoplerond franknng mathne. The lease aJreernents (k¢ not I￿Ude any ¢yJnling8nt Mt or rastriclons. 23. TAXATIOM By virtue of s. 478 Corp)ration Tax Act 2010, the Charity is exempt Irryn Corrmyotion TaL X CAPITAL COMMITMENTS Charfty h•J no ￿pital Comm*M￿ as at 31 March 2022 IW21.. AIII. 25. ANALYSIS OF CHANGES IN NET DEBT AJ)81y$L8 of ehBnges In not debt." At 1 Aprll 2021 Ca¥h Mon4ash Flows Movem•nts At 31 March 2022 Cash ond Cash Equivalents Loans Due in Cm8 Year Loans Due After One Year 1.085.875 335,808 1.421.883 1,085,875 335.￿8 1,421,683