Company Registration Number: 3765728 Charity Registration Number: 1077427 Barrow Citizens Advice Bureau Financial Statements For the Year Ending 31 March 2026 JANE ASCROFT ACCOUNTANCY LIMITED Chartered Accountants Enterprise House Harmire Enterprise Pad Bamard Casue County Durham DL12 8XP
Barrow Citizens Advice Bureau Flnanelal Statemènts Year Ended 31 March 2026 Page Trustees, Annual Report (InrPOrating Ihe Directors. Reporti Independent Examinerfs Report to the Trustees Stslernent of Financxal Activib"e5 (Induding Income and Expenditure Account) Stslement of Finanaal Po&tion Notes lo the Financial Statements 10 The Followlng Pages Do Not Form Part of the Financial Staternents D8lail8d Statement of Financial Acts"vities 23
Barrow Citizens Advice Bureau Trustees. Annual Report Ilncorporating the Directors. Report) Year Ended 31 March 2026 The trustees, who are also the directors for the purpose5 of company law, present their report and the unaudited finanGial statements of the charrty lor the year ended 31 March 2026. Ob-ectives Citizens Advice Barrows objects are to promote any charttable purpose for the benefrt of the community in Barrow and district by the athancement of education. the protection and preseNation of health and the relief of poverty. sickness and distress. Citizens Advic* Barrow's aims are.. To provide the aévice people need for the probrn$ they face and To improve the polioes and practices that affed people's lives The charity prowdes free, confidenlial. imparbal and independent advtce and information to anyone regardless of personal circumstance. cits.zens Adviee Barrow values dwerssty, promotes equality and challenges discrimination. Public Benefft Slatemenl The trustees confimi that they have complied with their duty under section 17 of the Charilies Acl 2011 to have due regard lo the Charity Commission's guidance on public benefft. In delivering our seNices and planning future activities. we ensure our work furthers our charity purposes and provides clear public benefit.
Barrow Citizens Advice Bureau Trustees. Annual Report {Incorporating the Directors. Report) l¢onnu8dJ Year Ended 31 March 2026 Activities and Achievemenls 2025126 was a year of growth, development and transrt)n for Citizens Advice Baow. Alongsid& continuing lo provide high-quality advice to local people. the Charity expanded services. slrenglhened partnerships and invested in ils long-term sustsinability. The year also saw a permanent Chief ExeculNe lake up post. woviding stable leadership as the charity continues to respond lo increasing demand and increasingty complex dienl needs. During the year. Cilrzens Advice Barrow SUPKK)rted 2.292 clients Wlth 13,447 issues. Our advisers secured £4,007,574 in financial outcomes for local peoe. helping individuals and families maximise their income and improve their financial security- We also 5UPPOrted dienls lo address problem debt, resulting in £684.486 of debt being WTitten off and a further £225.395 of debt being rescheduled. Demand for our services remained high throughout the year. parttcularly in relation to V4elfare benefits. Universal Credit, debt. housing and family Issues. Many dients approached us with multiple. interconnected problems requiring support across several are2s of advice_ W@ continued lo support some of the fflost vulnerdbl8 members of our community, with 68% of cliènts reporting 8 disability or long-lerm health condition. Advice was delivered through a range of channels induding fats-i(>face appointments, telephone. email, outreach sessions and home visits. During the year we introduced fv40 new roles to bètter meet local need. The Cttizens Representative role provides intensive support to individuals facing multiple and complex challenges, helping clients navigate seNices. attend appointm8nts and overcome barriers to accessing support. We also introduced an Enèrgy Champion role, focused on reduang fuel povety through community outreach, awareness raising and engagement th fronuine professionals. Adéilional funding through the Community Based D8bl A(fvice programme enabled the charity lo increase specialist debt advice Capacity durtng the year, helping more people access support with financial difficulties al a time of continued economic pressure. Alor)gside direct service delivery. we strengthened relationships with local authorities, elected represenlalives. funders and voluntary sector partners. This work has increased collaboration. sliengthened referral pathways and helped ensure that the experiences of local people continue to illform local decision-maknng.
Barrow Citizens Advice Bureau Truslees. Annual Report Ilncorporating the Directors. Report) (etsnihwed) Year Ended 31 March 2026 Flnancial Revlew The trustees approved a defKxI budgel of £117.714 for 2025126 in recognrtion of the Challenges faeing the charity and the importance of mainlaining services for local people. Through Careful financial managernenl, successful income generation and ongoing monitoring of income and expenditure. the charity ended the year in a significantly stronger posilion than anticipated. Total income for the year was £452.924 and total expendilure was £423,243. resulting in a surplus of £29,681. A key priority throughout the year was maintaining the charivs First Contact Service, ensuring dients are able to access advice quickly arnd wthoul the need to explain their circumstances lo multiple people before getting to the right adviser. The trustees maIn committed to protecting frontline seNices whilst ensuring the long-terni financial sustainability of the organisation. The charity's principal funding sources during the year induded loca] aLrthority funding. debl advice contracts. grant fur)ding and Charitab trusts. The trustees recognise the importance of mainlaining adequate reserves to ensure the charity can continue lo meet ils commilmenls. respond lo unexpected challenges and invest in future service development. The trustees regularly review the level of reserves held and consider the eurrenl position to be appropllate in light of the charity's operational and strategic needs. This amounts to £132.500 and our actual unreslricled funds al 31 March 2026 exduding fixe(l assets was £338,891. Investment policy The charity maintains only those funds necessary for daY-tdaY operalM7ns in rts current 2CCOUlIt. ensuriAg that no more than is required for regular monthly actwity is held as non-inler8sI4)earing cash. A proportion of remaining unrestricted funds is held in interesl-bearing savings accounts. The trustees aim lo achi&ve the besl possible relum on these reseryes while ensuring flexibility to access funds when needed for oper8lion81 purposes. This caulious and low-risk approach ensures thal funds designated for future investment in fronuine services relain their value and are readily available when required. Th8 trustees regularfy review the charty's banking arrangements to ensure that inleresl rates remain competitive and that the charity s funds are managed pnJdendy and securely. Grant making policy Citizens Advice Baffow does rK)I make grants or donations lo olher organisations. Plans for Future Periods The trustees rernairb committed to ensuring Cilriens Advice Barrow continues lo provide aecessible. hIghuality advice for local people whilst respondiDg lo changing communty need. During 2026127 Ihe charity wll continue lo focus on early inteNention and timely access lo adviGe hrough ils First Contacl SeNice, helping Peop resolve problems before they esc21ale into crisis. Building on the success of the Citizens Representative and Energy Champion roles, the Charity will continue lo develop services that improve oulcomes for people with complex need5 and those experiencing financial hardship. Alongside service delivery. the Injslees will continue to strengthen partnerships and collaborative working, diversify income streams and secure sustainable funding lo support the charity's long-term fulure. The charity will conlinue lo invest in its staff. volunteers. digital illfraslruclure arKI organisalional resilience. whilst using evidence from Clients, experiences lo influence local and national policy and improve the systems and services that affect people's INes.
Barrow Citizens Advice Bureau Trustees. Annual Report Iln¢orporating the Directors. Report} (tontltsutrd) Year Ended 31 March 2026 Structure Govemance and Mana ment Citizens Advice 8arrow is a company limited by guarantee and a registered charity governed by its Articles of Assoaalion. During the year the charity adopted the Citizens Advice Modol Articles of Association. ensuring govemance arrangements remain aligned with Citizens Advice membership requirements and current best practi. Citizens Advice Barrow is a member of the national Citizens Advice neork. benefiling from nationally developed training, quality starardS. researth and mpaignIng work whilst remaining an independent local charity govemed by its own Board of Tfustees. The trustees are responsible for the overall governance and slralegic direction of the charity. Trustees are recruited based on the sknlls. knowledge and experience required by the Board. New trustees receive an induction covering the work of the eharity. thwr legal responsibilities and the govemance requirements of Citizens Advice. Trustees are encouraged to undertake ongoing training relevant to their role. The Boaid meets regu18rty throughout the year to oversee the perfom)ance, finan$ and strategic direction of the organisation. Day-to4ay management of the charity is delegated to the Chief Executive. Services are delivered by a small team of paid staff supported by volunteers and overseen by the Board of Trustees. During the year Citizens Athce Barrow continued to wor1( dosely with Citizens Advice Curnbria la consortium) and strengthened collaboration with South Lakes Cilrzens Advice. This induded the introduction of a shared Volunteer and Training Manager. peer visits to share good practice and opportunities to improve services through doser working. The trustees would like lo thank Lynne Chambers for her dedication and commitment duTing her time as Chair of the Board. The truslees are also graleful to Joanna Young for her leadership and support as Interim Chief Executive during a period of Iransilion. Claire Thomhill look up the role of Chief Executive in April 2025. providing stable long-lemi leadership for the ganIsatIOn. The trustees would also like lo thank our staff and volunteers for their continued dedication. professionalism and commitment lo ddivering high-qualty advice semces lo IOCAI people. Risk Management The Iruslees regularty review Ihe risks facing Ihe charity and maintain a rtsk regisler which is morbitored throughout the year. The principal risks identified by the trustees include the availability of long-term funding. increasing demand for services, recruilmenl and relenlion of skilled staff and volunteers, and maintaining ompliance with regulatory and informaliork security requirements. To milale these risks. the charity conb.nues lo diversify its income sources. monitor finaneial performance closely, invest in stsff development and strengthen organis81ional systems and processes. During the year the charity invested in its digital infraslructure and successfully achieved Cyber Essentials certificalion. further strengthening information security and organisalional resilieAee. The charity also became an acGrediled Real Living Wage Employer, reflecting ils eommilment tg allraclin9 8nd retaining skilled staff and recognising the important contribution employees make lo elivering high-quality services for local people.
Barrow Citizens Advice Bureau TTUSte8s' Annual Report (Incorporating the Directors. Rgport) (ronflnue Year Ended 31 March 2026 Referen e and Administrative Detalls Registered charity name Barrow CitenS Advi Bureau Charity registration number 1077427 Company registration number 3765728 Princlpal office and registered Ramsden Hall office Abbey Road Barrow In Fumess Cumbria LA14 5QW The Trustees L Chambers. Chair F Challield. Chair R Knagg N Calvert L Posuelhwaite R S Maddens L A Mayou C Hewson {R8tired 13 October 20251 (from 21 October 20251 (Appointed 8 May 20251 {Appointed 20 November 20251 {Appointeé 15 January 20261 {Setved frown 8 May 2025 10 25 June 2025} (Served from 8 May 2025 to 13 August 20251 {Appoirbled 20 Novewnber 20251 G R Nicholls C Bell R J Patten Chief Executtve Officers J Young (Interim from 1 September 2024 to 21 April 20251 C Thomhill Independent Examiner Jane Asuoft FCA MA (Cantabl Enterprise House Hamire EnlerprEe Park Bamard Cast]e County Dutham DL12 8XP Small Company Provisions This report has been prepared in accordance the provisions appluble to companies enlilled to the small companies exemption.
Barrow Citizens Advice Bureau Trustees. Annual Report (Incorporating Ihe Directors. Report) {c¢)rtllnued) Year Ended 31 March 2026 The trustees. annual report lineorporating the direetors, report) was approved on and signed on behalf of the board of Irustees by= F Chaffield, Chair Twslee
Barrow Citizens AdvAce Bureau Independent Examinerfs Report to the Trustees of Barrow Citizens Advice Bureau Year Ended 31 March 2026 report to the Iruslees on my examination of the financral statements of Barrow CilEens Advice Bureau I'lhe Charity) for the year erKled 31 March 2026. Responsibilities and Basis of Report As the trustees Df the company land also ils directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance Tr1h the requirements of the Companies Act 20061.lhe 2006 Act'l. Having saltsfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the charity's accounts as carried out under 5ectTon 145 of the Charities Act 2011 I'lhe 2011 A¢l'l. In carrying out my examination I have followed Ihe Directions gNen by Ihe Charity Commission under section 14515llbl of the 2011 Act. Independent Examinerfs Statement Since the charity's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of Ihe 2011 Act. I nfIrM that l am qualified lo undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales IICAEWI, which is one of the listed bodies. I have comp18t8d my examination. I confirni that no matters have come lo my attention in connection with the examination giving me cause to bdieve= accounting records were not kept in respecl of the charity as required by section 386 of the 2006 Act", or the financial stslemenls do not accord with those records: or the financial statements do not compty the accounting requirements of section 396 of the 2006 Act other than any requiremenl that the accounts gwe a Yrue and fairf view which is nol a matter considered as part of an independent examination- or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with the Financial Reporting St8nd8rd applicable in the UK and Republic of Ireland {FRS 102}. I have no cOnrnS and have come across no other mattws in connection with the examination to which allenl*)n should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Jane Ascroft FCA MA Icantsbl Independent Examiner Enterprise House Hamiire Enterprise Park 8amard Castle Counly Durham DL12 8XP
Barrow Citizens Advice Bureau Staternent of Financial Activities {including income and Èxpenditure account) Year Ended 31 March 2026 2026 Restricted funds Totrl funds 2025 Unrestricted fuThls Total funds Note Income and endowments Donalions and legacies Charitable activities Investment income Other income 14,218 202,796 14.218 419.179 9.027 10.500 51 279,170 9,937 5,000 216.383 9.027 10.500 Total income 235,910 217.014 452.924 294.158 Expenditure Expendrture on charitable activities Totsl expenditure 9.10 241,2) 181.953 423.243 346,432 241.290 181.953 423.243 346,432 Net incomellexpenditurn) 15.380} 35.061 29,681 152,2741 Translers between funds 13,850) 3.850 Net movernent in funds (9.230) 38.911 29.681 152,2741 Re¢onciliation of funds Total fvnds brought forward Total funds carried forward 409,051 399,821 19.371 428.422 480.696 58.282 458.103 428.422 The statement of financial activities indudes all gains and h)sses recognised in the year. All income and expenditure dellve from continuing activrf(ies. The notes on pages 10 to 21 forni part of these financlal statements.
Barrow Citizens Advice Bureau Statement ol Financial Positlon 31 klarch 2026 2026 2025 Note Fixed Assets Tangible fixed assets 16 60.930 70,599 Current Assets Debtors Cash al bank and in hand 17 28,238 418,260 3,585 380.852 446.498 384.437 Creditor5- arnounts falling due within one year Net Current Assets 18 49.325 26.614 357.823 397.173 Totsl Assets Lèss Current Liabilities 458.103 428.422 Net Assets 458.103 428,422 Funds of the Charity Reslricted fund5 Unrestricted funds 58.282 399.821 458,103 19,371 409,051 Total Charity funds 20 428.422 For the year ending 31 March 2026 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors. responsibilities- The members have not required the company to obtain an audit of ils financial statements for Ihe year in question in acxordance wth section 476-. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial ststements have been prepared in accordan with the provisior¢s applicable to Companies subject to Ihe small companies. regime. These financial slatem&nls were approved by the Ix)ard of trustees arbd aulhorised for issue on ..%.. I.XL..... and are signed on behalf ofthe board by: R Knagg TnJslee The notes on pages 10 to 21 form part of these financlal statements.
Barrow Citizens Advice Bureau Notes to the Financial Statemenls Year Ended 31 Mah 2026 General Information The charity is a public benefit entity and a private company limited by guarantee, regtstered in England and Wales and a regi8tered charity in England and Wales. The address of the registered office is Ramsden Hall. Abbey Road, Barr¢)w In Fumess, Cumbria. LA14 5QW. Staternent of Compliance These financial slatements have been prepared in compliance wilh FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Slatement of Reeommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (Charities SORP IFRS 1021} and the Companies Act 2006. Aceounting Poll¢ies Basis of Preparation The financial slalemènts have been prepared on the hislollcal cost basis. as modified by the revaluation of Certain financial assets and liabililies and investments rneasured al fair value through income or expendilure. The financial stslemenls are prepared in sl8rling. which is the funCtnal Cur ncy of the enlrty. The entity ts a Public Benefrt Entty. Going Concern There are no material unrtaInlieS about Ihe Charit$ abilty to (x)nlinue. Judgernents and Key Sources of Estimation Uncertainty The preparation of the fin8neial slalements requires management to make judgements, eslimales and assumpknons that affect the amounts reported_ These estimates and judgements are continually reviewed and are based on experien an¢J other faelors, including expectations of future events that are believed lo be Teasonable under the circumstances. The Trustèes consider that there are no svjnificanl estimates orjudgemenls affecting these accounts. Fund Accounting Unrestricted funds are available for use al the discretion of Ihe tnjslees in furtherance of Ihe purposes of the charity. Designated funds are unrestricted funds eamiarked by the truslees for specific purposes. Reslricled funds are subjected to restricb.ons on their expenditure imposed by the donor. 10-
Barrow Citizens Advice Bureau Notes to the Financial Statements (n11nOl Year Ended 31 March 2026 Accounting Policies (cvntintsedl Income All income is included in the statement of financial aclivities when Ihe chaiity is enlilled lo the income, any perfom)anee related conditions attached have been mel or are fully within Ihe control of the charity. the income is eonsrdered probable and the amount can be quantified with reasonable accuracy. The following speufi¢ polieS are applied to particular calegories of income.. Donations and legacy income 15 received by way of donations. legacies. grants and gifts and is included in full in the Statement of Financial Activities when receivable. Where legacies have been notified to the charity but the criteria for income recognition have not been mel. the legacy is Irealed as a contingent asset and ¢Jisdosed rf material. Grants. where entitlement is not conditional on the delivery of a specific performan by the charity, ar8 recognised when the charity becomes Unconditional entitled lo the grant. Donated services an(i facilities are in¢lvded al the value to the charity, being the amount the charity would have been willing lo pay lo obtain services or facililies of equivalent economic benefit on the open market. Investment income is irbcluded when receivable. Income from charitsble trading aetNity is acc(MJnted for when eamed. IncorTbe from grants, where rekted to performance and specific deliverables. are accounted for as the charity eams the right lo consideration by ils performance. Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure indudes any VAT whieh cannot be fully recovered. and is reported as part of the expenditure to which il relates= Costs of raising funds comprtse the costs assoaaled with aitr8cling dOnatnS. grants and legacies and the costs of trading for lundraising purposes. Charitable expenditure comprises those costs incurred by Ihe charity in the delivery of ils activities and services for its beneficiaries. It includes both costs that can be allocaled direcuy to such activities and those costs of an indirect nature necessary to support them. Other expenditure includes all expenditure that is neilher retated to raising funds for the charity nor part of ils expenditure on charitable aclivities. All costs are allocated between the expenditu categortes of Ihe SOFA on a basis designed to reflect the use of the resource. Costs relab.ng to a particular activity are allocated direcuy. others are apportioned based on the number of staff working on each project. Tangible Assets All fixed assets a initially recorded at cost. 11
Barrow Citizens Advice Bureau Notes to the Financial Statements (etsftllfttsed) Year Ended 31 March 2026 Accounting Policies (coniTnu8d) Depreciation Depre¢ialion 15 ¢al¢ulated so as to lte off the cost or valuation of an asset. less its residual value, over the useful economi¢ lrfe of that asset as follows. Office Equipment Computer Equipment Property Improvements 33% straight line 33% straight line Over length of lease Impairrnent of Fixed Assets A review for indicators of impairnenl is carried out al each reporting date. with the recoverable amount being eslimaled where such indicators exisL Where the carrying value exceeds the recoverable amount. the asset is irnpaired a(xordingly. Prior impaimients are also reviewed for possible reversal at eath porting date. Financial InslTumenls The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are inilially recognised at transaction value and subsequenlly measured at their settlement value. Defined Contribution Plans Contributions to defined conlribuknn tA3ns are recognised as an expense in the period irn which the relaled service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead lo a reduction in future paymenls or a cash refvnd. When contributions are not expected lo be semed wholly wthin 12 months of Ihe end of the reporting dale in which the employees render the related service, Ihe liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Debtors Trade and other debtors are recognised al the settlement amount due after arhy trade discount offered. Prepaymenls are valued al the amwnl prepaid net of any trade discounts due. Accrued income and tax recoverable is induded at the best estimate of the amounts receivable at the balance sheet dale. Cash at Bank and in Hand Cash at bank and cash in hand indudes cash and short term highty liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar aceounl. 12-
Barrow Citizens Advice Bureau Notes to the Financial Statements (contsnuodj Year Ended 31 Mar¢h 2026 Accountlng Pollcies fcontlnued) Creditors Creditors are recognised where the charity has a present ob[JaIOn resulting from a past event that will probably result in the transfer of funds lo a third paty and the amount due lo settle the obligation can be measured or eslimaled reliably. Creditors are nomially recognised al their settlement amwnt after allowing for any trade discounls due. Taxation The company is considered to pass the lests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore il meeis the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potenlially exempl from taxation in respect of income or capital gaills received within calegories covered by Chapter 3 Part 11 of Ihe Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992. to the exlenl that such income or gains are applied exclusively lo charttable purposes. Limited by Guarantee The company is limited by guarantee. At 31st March 2026 Ihere were 8 members each of whom had undertaken to contribute an amounl nol exceeding £1 in the event of a winding up. The company is under the contrcl of the board of trust as a body and as suth is not controlled by any individual. Donations and Legacies Unreslricled Funds Reslricled Total Funds Funds 2026 Grants Hadfield Trust The Natitinal Lollery Awards For All 2,218 12,000 2.218 12.000 14,218 14.218 Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donations 51 51 51 51 13-
Barrow Citizens Advice Bureau Notes to the Financial Statements (contlnu8d) Year Ended 31 March 2026 Charitable Adivities Unrestricle(S Funds Restricted Total Funds Funds 2026 Weslmodand a Furness Council - Core granl Weslmodand a Furness Council- Team Barrow Social Impact Weslmodand & Furness Council- Citizens Rep 49.280 49,280 54.600 54,600 IHSF} MaPS Cadent Baywind Trust- Emergency Fund (Frtc) Westmodand & Fuffle5s Council - Money Athice project Mich6lle Scrogham MP BaTTOW and Fumess MacmillanlCAB welfare benefiis MaPS Cyber E5senlials Funding Walney Extension Fund 49.250 89.521 43.506 49,250 89,521 43,506 15,000 15.000 57.060 10,793 29.650 57,060 10,793 29.650 13.056 7.463 13.056 7.463 216,383 202.796 419.179 Unrestricted Funds Reslricled TO1 Funds Funds 2D25 Weslmodand & Furness Council- Core grant MaPS Weslmodand & Furnèss Council- Money Advice project Weslmoiland & Furness Council- Money Advice Oulreach project MacmillanlCA8 Welfa benefits 99,280 99.280 55,860 55.860 57,060 57.060 38,365 28,605 223,310 38.365 28.605 55.860 279.170 Investment Income UnrestrTrcted Total Fund5 Unrestricted TDt21 Funds Funds 2026 Funds 2025 Bank interest receivable 9.027 9.027 9,937 9,937 14-
Barrow Citizens Advice Bureau Notes to the Financial Statements (CO{d) Year Ended 31 March 2026 Other Incom8 Unrestricted Total Funds Unrestricted Total Funds Funds 2026 Funds 2025 Employment allowance 10,500 10,500 5.000 5.000 Expenditure on Charitable Activities by Fund Type Unreslricted Funds Restricted Totsl Funds Funds 2026 Expenditure on charitsble activtiies Support costs 175.234 66.056 134.446 47.507 309.680 113.563 241.290 181.953 423,243 Unrestricted Funds Restricted Total Funds Funds 2025 Expend(ture on charitable actwities Support cost5 200.000 74.075 55.234 17.123 255,234 91.198 274.075 72.357 346,432 10. Expenditure on Charitable Activities by Activity Type Activities undertaken directty Support costs Tolal funds 2026 Tolal fund 2025 Expend(ture on charitable aclNities Govemance costs 309.680 112,277 1,286 421.957 1.286 345.232 1.200 309,680 113,563 423.243 346,432 11. Net IncomellExpenditure) Net incomel{expenditure) is slated after chargin{Crediti9}= 2026 2025 Depreciation of tangib fixed assets 9.669 9,669 12. Independent Examination Fees 2026 2025 Fees payable lo the independenl examiner for.. Independent examination of the finanual statements 1,250 1.200 15-
Barrow Citizens Advice Bureau Notes to tho Financial Ststements (wthued) Year Ended 31 March 2026 13. Staff Costs The total staff costs and employee beneffts for the reporting period are analysed as folli)ws: 2026 2025 Wages and salaries Social security eosls Employer contributions lo pension plans 275,463 31119 21,712 329,294 237,658 20,035 18,556 276,249 The average head count of employees during the year was 12 {2025'. 101- The average number of full-time equivalent employees during the year is analysed as follows.. 2026 2025 No. Advice and informab'on 12 10 No employee received employee beneffts of more than £60.000 during the year12025.. Nil). Key Management Personngl Key management personnel indude all persons that have authotrty and responsibility for planning, directing and controlling Ihe activities of Ihe charity. The totsl compensation paid to k8y management personnel for services provNJed lo the charity was £42.14412025.'£27,033). 14. Trusteo Remuneration and Expenses No trustee has received any remuneratTron during the current or previous year. Trustees were reimbursed expens8s of £Nil during the year {2025 - £Nill. 15. Transfers Between Funds During the year £3.850 was transferred from unrestricted lo restricted furmls being match funding for the MAPS project. 16. Tangible Fixod Assets Olfice Equipment Computer Property Equiprnent Improvements Total Cost At 1 April 2025 and 31 March 2026 Depreclation At 1 April 2025 Charge for the year At 31 March 2026 1S,486 27,843 105,054 148.383 14.521 965 27.843 35,420 8,704 77,784 9.669 15.486 27.843 44,124 87A53 Carrying amount At 31 March 2026 60.930 60.930 At 31 March 2025 965 69,634 70.599 16-
Barrow Citizens Advice Bureau Notes to the Financial Statements {conlinu¢dJ Year Ended 31 March 2026 17. Debtors 2026 2025 Trade debtors Prepayments Accrued income 16,419 1.127 10.692 1,127 2,458 28.238 3,585 18. Creditor5: amounts falling due wilhin one year 2026 2025 Accwals So&al security and other taxes Pension creditor Deferred income 5,745 6,092 3,705 1,817 15,000 2,453 34,583 49.325 26,614 19. Pensions and Other Post Retirernent Benefits Defined contribution plans The amount recognised in income or expendilure as an expense in relation lo defined eonth"bulion plans was £21.712 {2025.. £18,556). 17-
Barrow Citizens Advice Bureau Notes to the Financial Statements (conlinuedj Year Ended 31 March 2026 20. Analysis of Charitable Funds Unrestri¢t¢d funds At 1 April 2025 At 31 March 2026 Income Expenditure Transfers General Reserves Capital Fund Contractual commitments lo staff First Contact Service 103.591 70.599 235,910 (231.6211 {9,669} 65,264 173.144 60.930 20.779 214.082 5,200 (74.314} 13.8501 25.979 139.768 409,051 235,910 (241,290} 399,821 At 1 April 2024 At 31 March 2025 Income Expenditure Transfers General Reseryes Capital Fund Front line services in 24125 Contractual commitments to staff First Contact Servi 138.399 80.268 238.298 {264,406) 19.669) (8,700} 103,591 70,599 56.126 (56,1261 32,481 150,384 111,7021 63.698 20,779 214,082 457.658 238,298 1274.0751 112,8301 409.051 Funds have been designated for the following purposes.. First Contact service.. The semce conlinued lo otate al a loss as combined funding was insufficient lo meet current staffing leveL8. Last year we desrgnated £214,082 lo Cover the period lo March 2027 and the balance remaining to meet this commitment is £139,768 al 31 Mar¢h 2026. Contractual obligations to staff= This is essential to meet polenlial redundancy costs for all eligible staff sh(Id projects end. We have designated £25.979 for this financial year. 18-
Barrow Citizens Advice Bureau Notes to the Financial Statsm?nts (¢onllDuqdJ Year Ended 31 March 2026 20. Analysis of Charitable Funds (e¢)ntihvÈd) Restrlcted funds At 1 April 2025 At 31 March 2026 Income Expenditure Transfers MaPS MaPS Cybef Essentials Funding Emergency Fund Building work Cadenl Citizens Representative National Lottery Awards For All Walney Extension Community Fund Hadfield Tnjst 89,521 (93.371) 3.850 13.056 113,056) {500} 13.706 5.665 13.206 5.665 13,639 11.554 43.506 49.250 {29,8671 {37.6961 12.000 12.000 7,463 2.218 {7.463) 2.218 19.371 217.014 (181,9531 3,850 58.282 At 1 April 2024 At 31 March 2025 Income Expenditure Transfers MaPS Emergency Fund Building work 55.860 {68.690) 13.667) 12.830 17.373 5,665 13,706 5,665 23,038 55.860 172.357) 12.830 19,371 19-
Barrow Citizens Advice Bureau Notes to the Flnanclal Ststements (coftllnued) Year Ended 31 March 2026 20. Analysis of Charitable Funds (continu¢d) The Money Advice Servtce prqecl is funded by the Money AdVe and Pensions servi in partnership with Citizens Advice. The contract funds debt caseworker hours al Barrow CAB. MaPS Cyber Essentials Funding- To supwrt achiewng Cyber E55entia15 certificatK)n National Lottery Awards for AJI - IT infrastructure and digital resilience Emergency Fund - Cumbria County Counul and the Bayvind Communily Energy Trust provided grants to enable Barrow CAB to provhje support to individuaL% struggling lo meet their energy costs. Cadent- A grant lo enable specific adwce on all energy rdaled matters. Citizens Represenlalive - A granl to fund the Citizens Represenlalive role lo prevent poverty for people wlh complex needs. Walney Extension Community Fund - A grant lo support the delivery of telephone advice. Hadfield Trust- This grant is for the purchase of office fumi(ure. 21. Analysls of Net Assets Between Funds Unrestricted Funds Restricted Total Funds Funds 2026 Tangible fixed assets Current assets Creditors less than 1 year Net assets 60.930 388.216 {49,325} 399.821 60,930 446,498 (49.325) 458.103 58.282 58.282 Unreslricted Funds Reslricled Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 70.599 365.c6 {26.614} 409.051 70,599 384,437 (25,6141 428,422 19,371 19.371 22. Operating Lease Commitments The lolal future minimum lease payments under rK)n-canCd1ab Operating leases are as follows.. 2026 2025 Not later than 1 year Later than 1 year and nol later than 5 years Later than 5 years 10 40 18 10 40 28 68 78 -20-
Barrow Citizens Advice Bureau Notes to the Financial StaterneTrts fwfynuedj Year Ended 31 March 2026 23. Transactlons With Connected Charities During the year Ms C Thomhill (CEO) was aLso a tNstee of Cilyzens Advice CLrmbria (CACI, a ¢onsortium of Ihe Citizens Advice Bureaux in Cumbria. The following fuThJing has been received through CAC during the year-. 2026 Macmillan Cancer Support 29,650 21
Barrow Citizens Advice Bureau Managemenl Infomiation Ygar Endgd 31 March 2026 The Following Pages Do Not Form Part of Ihe Financial Statements.
Barrow Citizens Advice Bureau Detailed Statement of Financial Activities Year Ended 31 March 2026 2026 2025 Income and endowments Donations and legacies Donations Hadfield Trust The National Lottery Awards For All 51 2.218 12.000 14.218 51 Charitable activities Weslmorland & Furness Council- Core granl Weslmorland & Fumess Council- Team Barrow Soaal Impact Weslfflorland & Fumess CouTrcil- Citszens Rep (HSF) MaPS Cadenl Baywind Trust- Emergency Funcj (HTC) Westmorland & Furness Council - Money Advice project Michelle Scrogham MP Barrow and Fumess Weslmorland & Furness Council- Money Advi Outreach project Ma¢millanlCAB welfare benefits Maps Cyber Essentials Funding Walney Extension Fund 49,280 54.600 49,250 89,521 43,506 15,000 57,060 10,793 99.280 55.860 57.060 38,365 28.605 29.650 13.056 7,463 419,179 279.170 Investment income Bank interest receivable 9.027 9.937 Other Income Employment allowance 10,500 5,000 Total income 452.924 294,158 -23-
Barrow Citizens Advice Bureau Detsiled Statement of Finan¢lal Actlvities {GonbftuedJ Year Ended 31 March 2026 2026 2025 Expenditure Activities undertaken direedy Wages & salaries NIC Pension costs Postage. stationery arKI other office costs Emergency fvnd disbursements Travel Training Sundry costs 239.623 31119 21.712 1.932 500 186 7.560 6,048 309.680 207.373 20.035 18,556 3,667 5.212 391 255.234 Support costs Wages and salaries Rent, rates and waler Light & heat Insurance Cleaning, waste collection. repairs and rnaintern L&P fees Telephone Postage, stalionery and other off costs Depreciation Computer expenses Travel and training Other staff and volunteer costs 3S,840 10 5.781 2.759 4.919 17.820 11.539 7.569 9.669 13,869 1.526 976 30,285 274 3.536 1,655 5,543 22,602 8.9g9 6,366 9,669 886 143 40 112.277 89.998 Governance costs Accountancy fees 1,286 1,200 346,432 Total expenditure 423.243 Net in¢omel{expenditure) 29.681 (52.274} -24-