Company registrntion number.. OJ416785 Charity registraiion number: 1074622 Community Advice Works Limited (A company limited by guaranttt) Annual Report and Financial Statements for the Year Ended 31 March 2025 Community Accounting Plus Units l & 2 North West 41 Talbot Street Notlingham NGI 5GL
Community Advice Works Limited Contents Reference and Administrdtive Details Trustees, Report 2to5 Independent Examiner's Rewrt Statement of Financial Aclivilies 7t08 Balance Sheel Notes to the Financial Statements Ioto 19
Community Advice Works Limited Reference and Administrative Details Trustees Kathrine Dunbar Juliet Sturridge Gillian Hart Ravi Ravindrdn Jill Mouniford Shannon Reynolds Dr Samantha Short Emmanuel Kornii Secretary Dr Samantha Short Senior M2nggement Team Dawn Atkinson. Service Manager Chgrity Registration Number 1074622 Company Registration Number 03416785 Registered Olee 49a Hatfield Close London SE14 iDW Independent Examiner Eva Sievens, employee of Community Accounling Plus Units l & 2 North Wesl 41 Talbot Street Nottingham NGI 5GL Page I
Community Advice Works Limited Trustees, Report The trustees. who are dIreor$ for ihe purposes of company law. present the annual report together with the financial statements of the charitable company for ihe y¢ar ended ) l March 2025. Trustees and officers The trustees and officers serving during the year and since the year end were as follows: Kathrine Dunbar Trustees-. Juliet Sturridge Gillian Hart Ravi Ravindran Jill Mounrford Shannon Reynolds lappointed l June 2024) Dr Samantha Short (appointed l June 2024) Emmanuel Komii (appointed l June 2024) Claudia Hyde (resigned l May 20?5) Secretary: Dr Samantha Short (appointed l June 2024) Structure? governance and management Nature ofgoverning documenl The charity is a company limited by guardniee and regislered charity. It is operated under ihe rules of its memorandum and articles of association datcd 0810811997, and most recentlv amended 1610312021. It has no share capital and the liabiliry of each member in the event of winding-up is limited io £1.00. Objectives and activities Objects and airts To improve wcial conditions, health. employm¢ni and life skills of poor residents in the London Borough of Lewisham and surrounding areas. To provide free legal welfare and training advice. Community Advice Works (CAW) continue to provide free. independent confidential and impartial advice to all those living and working in Lewisham. and the surrounding areas. In partnership with other advice providers in Lewisham. we are able to advise and advocate for those who are in need. With the continued cost of living crisis impacting more vulnerable familie5, we are secing an increase in those rea¢hing out for support. Especially from the rising number of people accessing our drop-in and OLkt-reach advice services. It is vital that the trustees and Directors are well briefed and have continuing conversations about the developing situation to ensure work is reflecting the needs of the comrnunit),. Pagc 2
Community Advice Works Limited Trustees, Report Risks Moving into 2026 The Trustees are very awdre of the dilricult financial siiuation that confronts our local community and our organisation. Our main grant funding from Lewisham Council NCIL ended last year. We are still rec¢iving funding from the National Lottery for the next four years from November ?024. We are actively looking to secure funding and ensure thai we have financial resilience going forward. Until we do we continu¢ to support the work of the charity from our investment fund. The services we provide offer a safe. net io stNggling families and vulnernble individuals and the need for our services has become greater and conlinues to grow as a resuli of the costvof-living-crisis. It is becoming increasingly diificult &£ many more charities struggle with limited financial resources. while council funding has been drastically cut from central government. Reviewing the effect of the cost of living crisis and its impact on our service and community needs to be reviewed by the Direcior&lTrustees at every Board meeting over the next financial year, including measuring service users and the type of enquiry that we are dealing with. Operating in a Changing World Like many charities around the world we find ourselves in a situalion where demand for our services IS increasing, and. we anticipate, will continue lo increase while at the same time funding to deliver our services is being cut, lost and harder to attain from grant givers under huge pressure from incre&8ed demand. The Service Manager has increased capa¢ity by using other advice services and volunteers, without increasing staffing costs. The Outreach Sessions at a Community Food Store. has reached a part of the Borough that was described as 'hard to reach". often not trusting new services offered. Being part of an esiablished community group has helped build trust and build a g(K)d developing relationship. Trustees will have io work with the Service Manager to ensure the retention of staff as we see shortages in the advice worker workforce across London. The Trustees are cqually conscious that 3 of our advisors are over the state pension age. It is vital that the organisation conlinue io look and win new sources of funding and a strategy for rdising funds has been developed, which ihe dire¢torslTrustees have made central to their overdll strategic planning. The Direei0r5ruSteeS regularly monitor and review the risks facing the charity and to ensure that appropriaie plans and policies are in place. Objectives ¥nd aims Every year we work with clients io maximise their income through benefit applications. and assisl with appeals and tribunals. We continue to support people to deal with changes to the benefit system, such as the Universal Credit and changes to PIP and DLA. and oiher measures that have resulied in reduced income levels for the families and individuals who seek our &ssistance. We expect to se¢ a high level of advice needed when the new Awaab's Law comes into force. CAW'S Domestic Violence (MOZAIC) services conlinue to grow and provid¢ 8 supportive environment in which women can process their experience5. explore options. and pave ihe way for future change. Through follow-up consultstions with women who rtc¢ived support. there was a reduction in the level of violent and controlling behaviours and injuries and significant improvements in women's self<siccm, anxi¢ty, dcpression. and self-efficacy. Page i
Community Advice Works Limited Trustees, Report Our focus has been to identify new revenue and capital funding opportunities to ensure our activities are Sltstained. This h&s resulied in the establishmenl of new partnerships and joint working with other local organisations. The objectives of the charity as set out in the company'5 memordndum of association are: To improve social conditions, health. employment training. and life skills of vulnerable persons residenl in the London Borough of Lewi5ham and suOund1ng areas. We continue to work with some of ihe most socially and economicallv deprived people in the Borough enabling and empowering them to access services and agencies to help improve their lives. The 5trdtegies employed to achieve the charity's objectives are to-. To offer advice and inforniation services to local familieslindividuals To provide volunteering and irdining optx)rtunities To offer advocacy and counselling to victims of domestic violence. Ensuring our work delivers our girns We review our aims, objeciives. and activities each year. The review over the coming year will include learning I¢s50ns on managing and meeting new and increased demands from our client group as well as sharing good prdctice with and from other local agencies. The review looks at what h&8 been achieved and the outcomes in the previous l ? months as well as developing strdtegies for this cuent year. The review looks at the 5U¢¢¢ss of each key artivity and the benefits they have brought to those groups of people we are set up to help. It also helps ensure our airn, objeclives and aclivities remain focused on our stsied putposes. The review will include a working document for fund rdising, ensuring the charities financial resilience. Public benefil The trustees confirni ihat they have complied with the requirements of section 17 of the Charities Act 201 I to have due regard io the public benefit guidance published by the Charity Commission for England and Wales. FinAncial revie The Iwstees are satisfied with the financial r¢sults for the period Policy on reserves The charity aims to retain at least 6 months, running costs in free unrestricted reserves. Small eompanies provision statement This rert ha5 been prepared in accordanc¢ with the small companies regiTne under th¢ Companies Act 2006. Page 4
Community AdviLe Works Limited Trustees, Report Stitcment of Re5ponslbtiitles The tnle¢S (who are 21so the directors olcommunily Advice Works Limited for the putposes of company law) are rponSIble for preparing ihe iSteeS, Teporl and the financial slatenKnls in accordance willi applicable law and United Kingdoin Accounting Standards (Unilcd Kingdom Gcnerdlly Accepted Accounting Practice), iiicluding FRS 102 "Thc FinanLial Reporting Standard applicable in the UK and Republic of Ireland The reporl and accounts have been prcpared in <iccordaDce with the provisions in the Companies Act 2006 relating lo sinall companies. Coinpany law I'cquires tIIc irustees io prepare flnancial statements for eael) finAncial yeAr. Under coinpahy law the trnstees must not approv¢ thc financial slatenienls unless they are satisfied tliat they give a true and fair view of the state of affairs of the charitable compaiiy and of the incoming resources and application of rcsources, including its inconie and expenditure, of th¢ Charitable company for that period. In preparing these financial statements, the twstee5 are required to- select suitable accounting policies and apply them consislenily. observe the methods and principles in the Charitias SORP. make judgenients and estimates ll)at are reasonable and prudenL state wl)eil)er applicable 2ceounting slandard$. Comprising FRS 10? have been followed, subjeci to any material departures disclosed and cxplaincd in the financial stalernents- and prepare the financial statements on the going concern basis unless it is inappmpriate to presume Ihal th chai'itÉiblc cotnpai)y will continue in business. The trL15tees are responsible for keeping proper accounting records that can disclose with re&sonabl¢ accuracy at any time the fmancial position of the cbaritsblc company and enable Ihern to ensure that the financial slalcment8 coinply with the Companies Act 2006. They are also responsiblc foi. safeguarding the assels of the cliaritabl¢ company aAd h¢nce for taking reasonable steps for the prevention and deteLtion of fraud and other irregularities. The trustees al'e responsible for the Inainlenance and ingrIty of the corporate and financial inforination included on 11?e charitable companYs website. Legislation governing die preparation and disscminalion nf financial statements may differ fmrn legislation in other jurisdictions. Thc annual report was approfved by the I¢¢cS ofthe charity on 18 December 2025 and signed on its behalf by.. Kailirine Dunbar Trustee Pag¢ 5
Community Advice Works Limited Independent Examiner's Report to the trustees of Community Advice Works Limited ('the Compan),) Independent examiner's report to the tn15tees of Community Advice Work5 Limited ('the Company,) I report lo the charity injstees on my examination of the accounts of the company for the year ended 31 March 2025. Responsibilitie5 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 preparntion of the accounts in accordance with the requirements of the Companies Aci 2006 ('the 2006 Act,). Having satisfied myself that ihc accounts of the Company are not required io be audited under Part 16 of the 2006 Ac( 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 ("th¢ 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515)(b) of the 2011 Act. Independent examiner's 5t*ttment I have completed my examination. I confim) that no matters have Come to my attention in ¢onneciion with the examination giving me cause to believe that in any maierial respect= accounting records were not kept in respect of the Company as required by section 386 of the 2006 A¢t' or 2. the accounts do not accord with those records. or 3. Ihe accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requiremeni that the accounts give a "true and faiw view which is not a matter considcred as part of an independent examination- or 4. the accounts have not been prepared in accordance with the rnethod5 and principle5 of the Statement of Recommended Practice for accounting and reporting b) charitics [applicable to charitiC5 preparing their accounts in accordance with the Financial Reporting Sthndard applicable in the UK and Republic of Ireland (FRS 102)]. I liave no concerns and have come across no other matters in connection with the examinaiion to which attention should be drawi in this report in order to enable a proper understanding of the accounts to be reached. Eva Stevens. Bsc. CPFA. employee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accouniancy (CIPFA) Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL 18 December 20?5 Page 6
Community Advice Works Limited Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted fund5 Restricted funds Total 2025 Total 2024 Note Income and Endowments from: Donations and legacies Charitable activities Investment income 119.743 19.743 22.700 362 124.074 41.075 350 ?2.700 362 Tolal income 120.105 22.700 142.80) 165.499 Expenditure on: Charitable activities (200,708) 130.079) (230.787) (216,927) Total expenditure Gainsllosses on investment assets (200.7081 (30,079) (230.787) (216,927) {6,576) (6,576) 71.446 Net lexpenditurevincome Net movement in funds {87.179) (7.J79) 194.558) 20.018 (87.1791 (7.J79) 194.558) 20,018 Reconciliation of funds Total funds brought forward Total fvnds carried forward 690.146 9,510 699.656 679,638 13 602.967 2,131 605,098 699,656 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 13. The notes on pages 10 to 19 form an iniegrdl part of these financial statements. Page 7
Community Advice Works Limited Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previous aceounting period and are included for comparative purposes Unrestricled Restrided Total fun(ts funds 2024 Note Income and Endowments fn)m: Donations and legacies Charitable activities Investment income 1 ?4.074 124,074 41.075 350 41,075 350 Total income 1 ?4,424 41,075 165,499 Expenditure on: Charithble activitie5 {161.792) (55.135) (216,927) Total expenditure Gainsllosses on investment assets (161,792) 71,446 (55,lJ5) (216,927) 71,446 Net incomellexpenditure) 34,078 114.060) 20.018 Net movement in fimds 34,078 (14.060) 20,018 Reconciliation of fund5 Total funds brought fonvard 656,068 23.570 679,638 Total funds carried fonvard 13 690,146 9.510 699.656 The notes on pages 10 to 19 fomi an iniegrdl part of these financial statements. Page 8
Community Advice Works Limited (Registration Dumber: 03416785) Balance Sheet as at 31 March 2025 2025 2024 Note Flxed Assets Taiigible assets 561 647 Current assets Debtors Investtnents Cash at bank and in hand io 31,107 539.297 47,651 50.190 615,873 60,060 618.055 726,123 Creditors.. Amounts falling dlle iyilhin one year Net current assets 12 (13.518 27,114 604,537 699,009 Net assets 605.098 699,656 Funds of the charlty: Restrleted incrjme funds Restricted fund8 13 2,131 9,510 Unrestricted income funds Uiirestricted funds 602,967 690,146 Total funds 13 605.098 699.656 For the financial year ending 31 Marc'li 2025 thv Lliarity was entitIed lo exemption from audit under section 477 of Il)e Companies Acr 2006 relating to small companies. Directors, responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476. and Tlie direclors acknowledge their responsibilities for complying with Llic requiremenls of the Act with respect lo accounts.ng i'ecords and tlie preparation olaccounts. These financial slatcmenLg l)ave been prepared in accordance with the special provisions relatiiig lo compani subject to thc small compani&g r¢ginie withtn Pait 15 of the Companies Act 2006. Thc financial statements on pages 7 to 19 wei'e approved by the trustees. and authoris¢d for ftssue on 18 December 2025 and sId on their behalf by.. Kathrine Dunbar Trustee The notes on pagcs 10 to 19 form 3n integral part of these finaucial statemcnÈs. Page 9
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 l Accounting policies Summ¥ry ofsignificaDt 4ccounting policies and key geeounting estimates The principal accounling policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented. unless otherwise stated. Statement of compliance The financial stalements have been prepared in accordance with Accounting and Reporting by Charities- Statemeni of Recommended Practice (applicable charities prcparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10?)) (issued in October ?019) (Charities SORP IFRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act ?006. Basis of preparation Community Advice Works Limited meets the definition of a public benefii entiry under FRS 102. Assets and liabilities are inilially recogni5ed at historical ¢os( or transaction value unless otherwise stated in the relevant accounting policy notes. Going conce The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Irusiees make this &5scssmeni in rcspect of a period of onc year from th¢ date of approval of the financial statements. Exemption from prepgring a cash flow statement Under the exemption available 10 smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows ivithin the financial staiements. Income and endowments Voluntary income including donations. gills. legacie5 and grdnts thai provide core funding or are of a general nature is recognised when the charity entitlement to the income, it is probable that th¢ income will be received and the amouni can be me&sured with sufficieni reliabilit),. Gran¢s receivdble Grants are recognised when the chariry h35 an enlitlemcnl to the funds and any condilions linked to the grants have been met. Where perfomiance conditions are attached to ihe grant and are yet to b¢ met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Page 10
Community Advice WorlLS Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Gifls in kind Gifts in kind are recognised in different ways dependent on how ihey are used by the charity.. (i) Those donated for r¢sale produce income when they are sold. They are valued at the amount actually realised. lil) Those donated for onH'ard transmission io beneficiaries are included in ihe Stsiement of Financial Activities as incoming resources and resources expended when they are dislributed. They are valued at the amount the charity would have had to pay lo acquire thern. liiil Those donated for use by the charity itself are included when receivable. They are valued at the amount the charity would have had 10 pay 10 acquire thcm. Gifl aid In¢oming resources from tax reclaims are included in the Ststement of Financial Activiiies at the sarne time as the gift to which they relale. Inveslmenl income Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expenditure All expenditure is recogni5ed once there is a legal or cons(ructive obligation to that expenditure. it is probable settlement is required and the amount can be Eneasured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar cosls to that caiegory. Where costs cannot be directly attributed to particular headings the). have been allocated on a basis consisl¢nt with ihe use of resources. with cenlral staff costs allocated on the basis of time spenL and depreciaiion charges allocated on ihe portion of ihe asset's use. Other support costs are allocated based on ihe spread of sff costs. Charilable aclivilies Charitable expendiiure comprises those costs incurred by the charity in the delivery of its activities and setvices for its beneficiaries. li includes both costs that can be allocated directly such activities and those costs of an indirect nature necessary to support thern. Government graD¢s Government grants are recognised based on the accrnal model and are measured at the fair value of the a55et received or receivable. Grdnts are Classified as relating eiiher io revenue or to assets. Grants relating to revenue are recognis¢d in income over the period in which the relaled costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred. it is recognised as deferred income. Taxation The charity is considered to pass the iests sei oul in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity 15 Potentially exempt from taxation in respect of income or capilal gains received within categories covered by Chaptcr 3 Part I l of the Corpordtion Tax Act 2010 or Seciion 256 of the Taxalion of Chargeable Gains Aci 1992. to the exient thai such income or gains are applied exclusively to charitable purposcs. Page 11
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Tangible fixed assets Individual fixed assets costing £500.00 or mor¢ are initially rewrded at cost. less any subsequent accumulated depreciation and subsequent accurnulaied impaimient losses. Depreciation and amortisation Depreciation is provided on iangible fixed assets so as to write off the cost or valuation, less any estimated residual value. over their expecied useful economic life &$ follows.. Asset class Furnilure & equipment Compuier equipment Depreciation method and rate 25D/o Straight line 330/0 Siraight line Current asset investments cUent asset investments are included at the lower of cost and net realisable value I market value. Trade debtors Trade debcors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using Ehe effective interesi method. less provision for impaimient. A provision for the impaim)ent of trade debiors is established when there is obj¢clive evidence thal the charity will not be able to collecl all amounts due according to the original tem)s of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and 11 deposits, and other short-terni highly liquid investments that are readily convertible to a known amount of cash and are Subject to an insignificant risk of change in value. Trade ereditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabiliiies if the charity does noi have an unconditional right. at the end of the reporting period, defer settlemenl of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as nOn-cUen1 liabilities. Trade creditors are recognised initially ai the transaclion price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds that are available for use at the trustees. di5¢retion in furth¢ran¢e of the objectives of the chariry. Designated funds are unrestrled funds set aside for specific purposes at the dis¢reiion of the trusiees. Restricted income funds are those grdnts for use in a particular area or for specific purposes, (he use of which is restricted to that area or purpose. Page 12
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 PensioD5 2nd other posl retirement obligations The charity operates a defined contribution pension sch¢rne which is a pension plan under which fixed contributions are paid into a pension fimd and the charity has no legal or constructive obligation to pay further ontributions even if the fund does not hold sufficient assets to pay all employees ihe benefits relating to etnployee service in the curr¢nt and prior periods. Contributions to defined conlribution plans are recognised in the Statement of Financial Activities when they are due. If contribulion payments exceed tlie contribution due for service. tlie excess is recognised as a prepayment. 2 Income from donation5 and legacies Unrestricted funds General Total 2025 Total 2024 Grants, including capital grants- Government grants Grants from other charities Gifts in kind Other income from donations and legacies 94,267 25.424 94,267 25,424 119.691 4,000 383 52 52 119.743 119.743 124,074 3 Incomt from charitable attivities Restricted funds Total 2025 Total 2024 22,700 22,700 41,075 Grants & donations 4 Grants & donations Unrestrieted fun(ts Restricted funds Total Guys & St Thomas NHS Trust Lewisham CAB NLCF Lewisham Local (Rushey Green) SELCHP Itd Sundry donations 94.267 ?5,425 94,267 25.425 15.000 4,800 2.900 15.000 4,800 2,900 119,743 22.700 142,443 Page 13
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 5 Investment income Unrestricted fun(Ls General Total 2025 Total 2024 Interest receivable and similar income. Interest receivable on bank deposits 362 362 350 6 Expenditure on charitxble gctivitie5 Unrestrieted funds Designated General Restricted funds Total 21125 Total 2024 Wages, Nl & pension Recrnitmeni Travel & subsistrnce Premises costs Hardship grants Office administrdtion Communications IT support IT and software Consultancy & professional fees Payroll administration Bank charges Depreciation Subscriptions Sundry expenses Insurance Training Gilig in Kind 11,069 156,i5) 429 136 12.500 179,922 429 136 3,045 15,079 780 4.160 10.197 6,148 176.815 598 1.950 1.700 15,079 500 2,000 280 2.160 10.197 6.148 4,231 13.429 4.364 1.500 93 748 348 32 2.313 1.493 9.70? 1.500 93 748 348 32 2.313 1,493 163 647 2,235 1,276 4.000 11,069 189.6J9 30.079 230.787 216,927 Page 14
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 7 Net incomingloutgoing resources Net outgoing resources for the year include= 2025 2024 Depreciation of fixed &ssets 748 647 8 Stgff costs Th¢ aggregate payroll costs We as follows: 2025 2024 Stgff eosts during the year were: Wages and Salaries Social securiry costs Pension costs 166,7JO 8.811 163.968 8,607 4.240 179,922 176.815 The monthly average number of persons (including senior management tram) employed by the charity during the year was as follows-. 2025 2024 Average number of employees 712024 - 7) of the above employees particip&ed in the tkfined Contribution Pension Schemes. Contributions lo the employee pension s¢hem¢s for the year toralled £4.381 (2024- £4,240). No employee received emoluments of more than £60.000 during the year. The iotal employee benefits of thc key management p¢r50nnel of the charity were £26.312 {2024 - £35.731). 9 TAngible fixed 955ets Furniture and equipment Computer equipment Total Cost At l April 2024 Additions 5.233 11,781 662 17,014 662 At 31 March 2025 12,443 17.676 Page 15
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Furnithre and equipmen¢ Computer equipment Total Depreciation At l April 2024 Charge for the year 11,134 748 16,367 748 At 31 March 2025 5.2)) 11.882 17,115 Net book value At 31 March ?025 561 561 At 31 March 2024 647 647 10 Debtors 2025 2024 Trade debtors 31,107 48.093 2,097 Prepayments 31.107 50,190 1 I Cash and cash equivalents 2025 2024 Cash on hand C&8h at bank (2.0461 49.697 60,060 47.651 60.060 12 Creditor5: amounts fallin2 due within one yegr 2025 2024 Trade creditors Other taxation and social security Other creditors Accruals 4,709 7,067 7.905 9,937 850 8.422 1.742 13.518 27.114 Page 16
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 13 Funds Other recognised gain51(1055es) Balance 4t 31 March 2025 B*lgnee ait I April 2024 Incoming resources Resourees eypended Unrestricted funds General General fund 679,077 120,105 (189.639) (6,576) 602.967 Designaled Advice fund 11,069 (11,069) Total unrestricted fun(ts 690.146 170.105 1?00,708) {6.576) 602,967 Restricted fund5 NLCF Rushey Green fund SELCHP 15.000 4,800 2,900 (15.000) (14,310) (769) 9,510 2,131 Total restricted fund5 9.510 22,700 lJO.079) 2.131 Total funds 699.656 142.805 -)0.7871 (6,576) 605,098 Other recognised gainsl(losses) Balance at 31 March 2024 Balance ai I April 2023 Incoming resources Resources expended Unrestricted fund5 General General fund 644,999 99.000 (136.368) 71,446 679,077 Designated Advice fund 11.069 25.4?4 (25.424) 11.069 Total unrestricted funds 656.068 124,424 (161.792) 71.446 690,146 Restricted Rushey Green fund New Cross Gate Friends Lewisham NCIL 10.950 (1,440) (1.310) (260) (52.125) 9,510 1.310 260 22,000 30.125 Total restrieted funds 23.)70 41.075 (55.lJ5) 9,510 Totgl funds 679,6J8 165.499 (216,927} 71,446 699.656 Page 17
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 The specific purposes for which the fvnds are (o be applied are a5 follows= NLCF - Providing an out-reach drop service at th¢ local communiti, food bank. New Cross Gale Trust- Providing addiiional advisor hours for benefi advice work. Friends - donalions from local residents io SUPPOrt tlie core benefits advice work. Rushey Green - fund provides stnall essential grants for benefit claimants. Lewisham NCIL - Supports benefits and debi advice work. SELCHP - fund provide5 small essential grants for benefit claimants. 14 Analysis of net assets between funds Unrestricted 2025 Total funds GeDeral Designaied Restricted Tangible fixed assets Current assets Current liabiliti¢s 561 561 618.055 {lJ,518) 615.924 (13,518) 2.131 Total net assets 602.967 2.131 605.098 Unreslricted 2024 Total funds General Designated Restricted Tangible fixed assets Current assets Current liabilities 647 647 726,123 (27,114) 705.544 (27.114) 11,069 9.510 Total net &ssers 679.077 11.069 9.510 699,656 15 Benefits in kind In the prior period the charity received reni free accommodation to the value of £4,000. 16 Fees PAyable to independent examiner During ihe period. the fees payable (excluding VAT) to the charity's independent ¢xaminer Community Arcounting Plus are analysed as follows: 2025 2024 Independent examination ,200 1,200 Pagc 18
Community Advice Works Limited Notes to the Financial Statements for the Year Ended 31 March 2025 17 Tax4¢ion The charity is a registered charity and is therefore exempi from corporation taxation. 18 Trustees remuneration and expenses No trustees. nor any persons Connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 19 Related party transactions There were no related party transa¢tions in the year. Page 19