Charity registration number 1077828 (England and Wales)
Company registration number 03618859
CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Secretary
Key Management Personnel
Charity number (England and Wales)
Company number
Registered office
Auditor
Bankers
M Berrington
C Drysdale
S Lagoe
A Russell
A Seidel
D Smith
C Joyce
D Cain
J Insley
J Insley
S Bestwick
1077828
03618859
The Library And Information Centre
Eastwood
Nottinghamshire
NG16 3GB
Rogers Spencer
Newstead House
Pelham Road
Nottingham
NG5 1AP
Lloyds
12-16 Lower Parliament Street
Nottingham
Nottinghamshire
NG1 3DA
(Appointed 5 December 2024)
(Appointed 11 November
2024)
Chief executive officer
Operations director

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
CONTENTS
Trustees' report
Page
1-5
Statement of Trustees' responsibilities
6
Independent auditor's report
7-10
Statement of financial activities
11 - 12
Balance sheet
13
Statement of cash flows
14
Notes to the financial statements
15 - 30

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting
and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)"
(effective 1 January 2019).
Objectives and activities
Citizens Advice Central Nottinghamshire is established for the promotion of charitable purposes for the benefit of the
community in the Borough of Broxtowe and the District of Ashfield and Newark & Sherwood and surrounding areas
and in the County of Nottinghamshire for the advancement of education, the protection of health and the relief of
poverty, sickness and distress.
The Charity provides free, impartial, confidential and independent advice for the benefit of the local community in
Broxtowe, Ashfield and Newark & Sherwood and the wider Nottinghamshire community as appropriate. We also
exercise a responsible influence on the development of social policies and services and to ensure individuals do not
suffer through lack of knowledge or an inability to express their needs effectively.
Public benefit
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
How these activities benefit the public:
Our staff and volunteers have risen to the challenge as always and their work contributes to the astonishing impact
we make, helping clients access much needed additional income, worth nearly £8.4 million in total. Over £1.8 million
of clients debt has been written off as a direct outcome of the assistance staff and volunteers have provided to
clients seeking help.
Evaluation of client outcomes is important to us. We need to know that our work has a lasting impact and have
developed advanced ways of measuring this. This year our client evaluation collected 227 responses to questions
regarding the sustainability of advice outcomes, well-being and specific questions on how effective our work
supporting people's financial resilience is.
To summarise, people tell us that they have improved ability to resolve or get help with problems in the future, they
feel more supported and less isolated and 63% of clients report a measure of improved financial resilience, an area
of work that we are developing in the future due to its importance and relevance to the whole community in
Broxtowe, Ashfield and Newark & Sherwood. Through the Financial Resilience project, we have a long-term plan to
help more of our clients shift their position in the labour market and increase financial well-being.
We offer a range of projects alongside our core advice service and all of these benefit Broxtowe, Ashfield and
Newark & Sherwood residents, these projects range from mediation services, mental health support, financial
resilience work, money and housing advice, welfare benefits work, projects which work alongside health
professionals and digital projects.
- 1-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
Significant activities and achievements against objectives
Citizens Advice Central Nottinghamshire is a local independent charity for the community that delivers a significant
impact for the community. Last year it helped 15,113 individuals with almost 54,006 problems. The main enquiry
areas are benefits, housing and debt. However, in 2024/25 we saw enquiries for help to access charitable support
making the top five again following problems with utilities in fourth. Demand remains high at similar levels to last
year. Overall, this data shows the impact of the cost-of-living continues to bite hard across Central Nottinghamshire.
Feedback from our partners is positive. They tell us that we help them with their objectives for the good of Broxtowe,
Ashfield and Newark & Sherwood and we received a 100% approval rating for our partnership working. We know
that together our collective impact for the community is greater.
This year we have taken the time to provide a summary of the additional projects we run thanks to funding
additional to our core service. These projects increase our capacity to help more people and deliver casework on
matters that are more complex or for clients that need structured support with multiple problems and disadvantages.
It is also important to mention that the additional restricted funds we raise for projects represent new investment in
Broxtowe, Ashfield and Newark & Sherwood services. This year the value of new investments brought in by our
charity was £1 million.
Our volunteers give their time to the community freely. The work they carry out is valued at £907,007. They also
gain the skills and experience to move into paid employment.
We offer location to locations advice from premises in Beeston (co-located with Broxtowe Borough Council),
Eastwood (as part of the Library building), Newark (co located with Newark & Sherwood District Council), Ollerton
(Freehold Premises), Ashfield (co located in Kirkby Health & Wellbeing Centre) and we have multiple outreach
location across Central Nottinghamshire. Our staff and volunteers work from these five sites Monday to Friday with
some staff operating a hybrid working week from home. Advice is also provided by telephone, email and webchat.
During the year our staff numbers ranged between 52 and 54 at any one time working alongside our volunteer
workforce of approximately 97 including our Trustee Board.
Financial review
CACN is reliant on income from Local Authority and project funding. Total income during the year was £1,486,815
(2024 - £1,609,431). Of this £959,671 (2024 - £662,737) related to project restricted activities. N.B. 2024 figures
included the transfer of the net assets of two Local Citizens Advice who merged with another to form Citizens
Advice Central Nottinghamshire. See note 3.
Net Income for the year ended 31st March 2025 was £162,779 (2024 - £790,391). This includes a re-measurement
gain defined benefit pension scheme for the year ended 31st March 2025 of £248,000 (2024 - £14,000).
At 31st March 2025 total reserves were in surplus by £1,267,548 (2024 - £1,104,769) including a pension reserve
surplus of £181,000 (2024 - deficit of £67,000).
Reserves Policy
The Trustees believe that Citizens Advice Central Nottinghamshire should hold financial reserves in order to ensure
that the charity can continue to operate and meet the needs of clients in the event of unforeseen and potentially
financially
When considering the right level of reserves, we will take into account the following:
• forecasts of future income, the reliability and sustainability of each source of income and prospects for
obtaining income from new sources
• forecasts of future expenditure, based on planned activity
• analysis of future requirements, opportunities, contingencies (e.g. redundancy and other contractual
obligations such as maternity leave) or risks which are unlikely to be covered by income if and when they
arise
• analysis of the likelihood of such risks arising and the consequences to the charity if they cannot be dealt
with.
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CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted reserves
Each year's budget will include the budgeted reserves at the year end, calculated by taking the Unrestricted
Reserves and subtracting Designated Reserves for specific purposes.
The Designated Reserves will include:
• Redundancy costs should the charity close
• Other closure costs should the charity close
• Any other designated reserves agreed by the Trustee Board
The remaining Unrestricted Reserves will be considered against the budgeted monthly operating costs for the year.
The Trustees have excluded the Nottinghamshire County Council pension exit liability from the calculation of
reserves on the basis that this is a long term liability that is being adequately managed and is not expected to
crystallise in the foreseeable future. The Trustees keep the pension liability under regular review and understand the
circumstances when it would become payable.
The Trustees believe that on this basis, six months Unrestricted Reserves, net of the Designated Reserves, is a
However, from time to time the Trustees may agree a budget which shows year end expected
reserves to be lower than this
Reserves will be reported each quarter with a forecast for the year end reserves compared to budget.
Principal funding sources
Major core funders include Newark & Sherwood District Council, Ashfield District Council, Broxtowe Borough
Council and Nottinghamshire County Council along with those local parish and town councils which have supported
the core operating capacity of CACN. The trustee board extend their gratitude to the ongoing financial support
received from these partners.
In addition, Newark & Sherwood
District Council and Broxtowe Borough council provides CACN with
accommodation in Newark, Eastwood and Beeston at a concession to the market rent. Also, CACN qualifies for a
full exemption for business rates from the local authority.
Additionally, project specific funding was received from:
• Community Advice & Law Service in support of MAPS (Money Advice & Pensions Service) debt services,
• Newark & Sherwood District Council in support of homelessness prevention, welfare benefits and outreach,
• Broxtowe Borough Council for housing, financial resilience and mediation, and Wellbeing Hub,
• National Association of Citizens Advice Bureaux in support of energy advice services, remote delivery and
cost of living,
• National Lottery Community Fund in support of remote supervision, outreach and early intervention,
• Trussell Trust, support and advice,
• Access to Justice Foundation (IOTLS - Improving Outcomes Through Legal Support) - for welfare benefits,
• Henry Smith Charity, financial resilience advice,
• Change Grow Live, supporting people with complex needs,
• Nottinghamshire County Council, cost of living, financial resilience and support with the Household Support
Fund,
• NHS Nottingham & Nottinghamshire Integrated Care Board, advice on prescription
• Collingham Rural Advice & Resource Centre (CRARC), outreach.
• Boots Charitable Trust
• Mid Notts Place Based Partnership - Investing in Communities, early intervention work
• Nottingham West PCN, advice on prescription
The charity did not have any borrowings from any providers of funding or other sources at the balance sheet date.
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CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Major risks
The Trustees have a risk management strategy which reviews significant risks and uncertainties by the Charity and
the relevance of its insurance policies,
Apart from key insurance policies, other measures, especially policies and procedures are reviewed which can
mitigate risk. The earlier emphasis on maintaining positive relationships with funders, trying to develop reserves and
alternative sources of income still remain both relevant and very much a priority.
The Trustees have agreed a budget for 2025/26 with a deficit of £229k, in the expectation that the organisation will
secure additional funding during the year to significantly reduce this deficit. The Trustees are confident that the
organisation will finish the year with reserves within the reserves policy. All the income from funders is guaranteer
and we do not expect any of them to end agreements early. Our Chief Executive Officer, Operations Director an
Impact & Evaluation Manager have a funding strategy agreed by the Board and continue to apply for grants and
develop partnerships to generate future funds. The Chief Executive Officer maintains relationships with existing
funders to ensure continuation.
Plans for future periods
The Charity will look to achieving balanced budgets rather than deficit ones over the next 2 to 3 years and
protecting our reserves. We will continue to work in collaboration with partners locally including the other two
Citizens Advice local offices to ensure sustainability and efficiency to stabilise and secure the Charity's financial
position.
Additional funding streams are continually being sourced by the CEO, Senior Management Team and the Impact &
Evaluation Manager whilst at the same time protecting our existing funding by offering a high quality, robust and
effective service to the residents across Central Nottinghamshire
We have a robust business plan covering the period 2025 - 2027 which contains links to other plans such as
fundraising strategy, research and campaign plan, community needs analysis and communication plans.
Structure, governance and management
The Charity is a company limited by guarantee and registered charity. It is operated under the rules of its Articles of
Association dated 2nd January 2024. The Charity has been in existence since September 1974.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statements were:
M Berrington
C Drysdale
G Gadie
J Heeley
(Resigned 8 July 2025)
(Resigned 11 June 2025)
S Lagoe
J Machary
M Pringle
(Resigned 26 August 2025)
(Resigned 20 May 2024)
A Russell
A Seidel
D Smith
C Joyce
D Cain
(Appointed 5 December 2024)
(Appointed 11 November 2024)
Recruitment and appointment of trustees
Trustees are appointed by an open recruitment method with vacancies advertised through the Citizens Advice
network and our local contacts. We also use CharityJob, NCVO and Reach websites. Interested people who apply
vill then be invited for an informal chat with the Chair before more formal proceedings begin including applicatio
forms, interview and references, due diligence to check fitness and propriety. The Trustees then follow an inductio
process with the Chief Executive and are offered training opportunities as appropriate.
- 4-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The day to day management of the charity is delegated to the Chief Executive Officer and the Operations Director.
Funds held as custodian trustee
CA Central Nottinghamshire holds funds on behalf of Broxtowe Borough Council. By mutual agreement and a
signed Service Level Agreement the Homelessness Prevention Funds are held in a separate Lloyds Bank account.
Use of the fund can only be to resolve homelessness at the prevention stage, easing the demand on the Council's
housing options service:-
• ensuring cases are resolved earlier, successfully preventing homelessness
• to clients who would be deemed priority need by the Council resulting in a reduction in the demand and use
of the Council's temporary accommodation
• to resolve cases of threatened homelessness within the private rented sector in conjunction with other
schemes such as Call Before You Serve and referrals to other support and advice providers will encourage
the sustainment of tenancies which the private rented sector which in turn will ease the burden on the
Referrals to the scheme are assessed by two managers and paid following the normal bank mandate.
Auditor
In accordance with the company's articles, a resolution proposing that Rogers Spencer be reappointed as auditor of
the company will be put at a General Meeting.
Disclosure of information to auditor
Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to
identify such relevant information and to establish that the auditor is aware of such information.
The Trustees' report was approved by the Board of Trustees.
:
S Lagoe
Trustee
Date: ..
3/11/25
-5-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, who are also the directors of Citizens Advice Central Nottinghamshire for the purpose of company
law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fail
riew of the state of affairs of the charity and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
- 6-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
ncoming resources and application of resources, including its income and expenditure, for the year ther
ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of
the financial statements section of our report. We are independent of the charity in accordance with the ethica
requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethica
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
hat the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
onditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements
and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our
responsibility is to read the other information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether this gives rise to a material misstatement in the financial statements themselves. If,
based on the work we have performed, we conclude that there is a material misstatement of this other information,
we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the Trustees' report for the financial year for which the financial statements are
prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the
financial statements; and
the directors' report included within the Trustees' report has been prepared in accordance with applicable legal
requirements.
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CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the
audit, we have not identified material misstatements in the directors' report included within the Trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires
us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been received
from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies' exemptions in preparing the Trustees' report and from the
requirement to prepare a strategic report.
Responsibilities of Trustees
As explained more fully in the statement of Trustees' responsibilities, the Trustees, who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to
enable the preparation of financial statements that are free from material misstatement, whether due to fraud or
error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing,
as applicable, matters related to going concern and using the going
concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
- 8-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
The extent to which the audit was considered capable of detecting irregularities including fraud
Our approach to identifying and assessing the risk of material misstatement in respect of irregularities, including
fraud and non-compliance with laws and regulations, was as follows:
• The engagement partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
• We identified the laws and regulations applicable to the group through discussions with trustees and other
management, and from our knowledge and experience of the charity sector and grant providers;
• We focused on specific laws and regulations which we considered may have a direct material effect on the
financial statements or the operations of the charity, including the Companies Act 2006, Charities Act 2011,
taxation legislation and data protection, anti-bribery, employment, environmental and health and safety
legislation;
• We assessed the extent of compliance with the laws and regulations identified above through making enquiries
of management and inspecting legal correspondence; and
• Identified laws and regulations were communicated within the audit team regularly and the team remained alert
to instances of non-compliance throughout the audit.
We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an
understanding of how fraud might occur, by:
• Making
enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud;
• Considering
the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations; and
• Understanding the design of the charity's remuneration policies.
To address the risk of fraud through management bias and override of controls, we:
• Performed analytical procedures to identify any unusual or unexpected relationships;
• Tested journal entries to identify unusual transactions;
• Assessed whether judgements and assumptions made in determining the accounting estimates set out in note
2 were indicative of potential bias; and
• Investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures
which included, but were not limited to:
• Agreeing financial statement disclosures to underlying supporting documentation;
• Reading the minutes of meetings of those charged with governance;
• Enquiring of management as to actual and potential litigation and claims; and
• Reviewing correspondence with HMRC, relevant regulators and the company's legal advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transactions, the less likely it is that we would become aware of non-compliance.
Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to
enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may
involve deliberate concealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's website at: https://
www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
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CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
Other matters
The financial statements for the previous accounting period were not audited.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's
members those matters we are required to state to them in an auditor's report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable
company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we
have formed.
m. Bars
Melvin Bailey FCCA DChA (Senior Statutory Auditor)
12/11/25
for and on behalf of Rogers Spencer
Chartered Accountants
Statutory Auditor
Newstead House
Pelham Road
Nottingham
NG5 1AP
- 10 -

•
CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Current financial year
Notes
Unrestricted Unrestricted
funds
funds
general Pension fund
2025
2025
€
Restricted
funds
Income from:
Donations and legacies
Charitable activities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income/(expenditure)
Transfers between funds
Other recognised gains and
losses:
Actuarial gains on defined benefit
pension schemes
Net movement in funds
Reconciliation of funds:
Fund balances at 1 April 2024
As originally reported
Prior year adjustment
As restated
Fund balances at 31 March 2025
6
8
493,484
5,978
27,682
527,144
440,649
440,649
86,495
(43,480)
-
43,015
1,036,708
(22,400)
1,014,308
1,057,323
:
-
35,000
35,000
(35,000)
-
283,000
248,000
(67,000)
(67,000)
181,000
958,951
720
959,671
1,108,987
1,108,987
(149,316)
43,480
-
(105,836)
135,061
135,061
29,225
Total
2025
Total
As restated
2024
1,452,435
6,698
27,682
1,486,815
1,584,636
1,584,636
(97,821)
283,000
185,179
1,104,769
(22,400)
1,082,369
1,267,548
1,582,211
22,214
5,006
1,609,431
1,012,040
1,012,040
597,391
193,000
790,391
314,378
(22,400)
291,978
1,082,369
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.
- 11 -

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prior financial year
Income from:
Donations and legacies
Charitable activities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income/(expenditure)
Transfers between funds
Other recognised gains and losses:
Actuarial gains on defined benefit pension
schemes
Net movement in funds
Reconciliation of funds:
Fund balances at 1 April 2023
As originally reported
Prior year adjustment
As restated
Fund balances at 31 March 2024
Notes
5
6
8
Unrestricted Unrestricted
funds
funds
general
pension
2024
€
2024
919,474
22,214
5,006
946,694
184,184
184,184
762,510
(15,775)
-
746,735
312,373
(22,400)
289,973
1,014,308
:
-
207,000
207,000
(207,000)
-
193,000
(14,000)
(53,000)
(53,000)
(67,000)
- 12-
Restricted
funds
2024
662,737
662,737
620,856
620,856
41,881
15,775
-
57,656
77,405
77.405
135,061
Total
2024
1,582,211
22,214
5,006
1,609,431
1,012,040
1,012,040
597,391
-
193,000
790,391
336,778
(22,400)
291,978
1,082,369

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
As restated
Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Notes
12
Cre yors: amounts falling due within
14
Net current assets
Total assets less current liabilities
Defined benefit pension liability
Net assets excluding pension surplus/(deficit)
Defined benefit pension surplus
16
16
Net assets
The funds of the charity
Restricted income funds
Unrestricted funds
Pension reserve
24,860
€
34,777
229,740
1,039,034
1,268,774
(207,086)
119,544
1,058,757
1,178,301
(63,709)
1,061,688
1,086,548
-
1,086,548
181,000
1,267,548
1,114,592
1,149,369
(67,000)
1,082,369
-
1,082,369
29,225
1,057,323
181,000
1,267,548
135,061
1,014,308
(67,000)
1,082,369
The financial statements were approved by the Trustees on ...
3/11/25
stage
S Lagoe
Trustee
Company registration number 03618859 (England and Wales)
- 13-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
€
Cash flows from operating activities
Cash (absorbed by)/generated from
perations
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash generated from/(used in) investing
activities
Net cash generated from financing activities
Net (decrease)/increase in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Notes
21
2024
(47,405)
740,137
27,682
(49,556)
5,006
27,682
-
(19,723)
1,058,757
1,039,034
(44,550)
695,587
363,170
1,058,757
-14-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
Charity information
Citizens Advice Central Nottinghamshire is a private company limited by guarantee incorporated in England
and Wales. The registered office is The Library And Information Centre, Eastwood, Nottinghamshire, NG16
3GB.
1.1 Accounting convention
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
charity.
1.4
Income
ncome is recognised when the charity is legally entitled to it after any performance conditions have been met
he amounts can be measured reliably, and it is probable that income will be received
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipt is
expected. If the amount is not known, the legacy is treated as a
contingent asset.
- 15-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1.5
Accounting policies
(Continued)
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs anc
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
1.6
1.7
depreciation charges are allocated on the portion of the asset's use.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Freehold land and buildings
Leasehold improvements
Fixtures and fittings
Computers
Motor vehicles
2% straight line basis
10% straight line basis
15% reducing balance basis
33.3% straight line basis
20% straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12
'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
- 16-

•
CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course o
perations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
The cost of providing benefits under defined benefit plans is determined separately for each plan using the
projected unit credit method, and is based on actuarial advice.
The change in the net defined benefit liability arising from employee service during the year is recognised as
an employee cost. The cost of plan introductions, benefit changes, settlements and curtailments are
recognised as incurred.
The net interest element is determined by multiplying the net defined benefit liability by the discount rate,
taking into account any changes in the net defined benefit liability during the period as a result of contribution
and benefit payments. The net interest is recognised in income/(expenditure) for the year.
Remeasurement changes comprise actuarial gains and losses, the effect of the asset ceiling and the return on
the net defined benefit liability excluding amounts included in net interest. These are recognised immediately
in other recognised gains and losses in the period in which they occur and are not reclassified to income/
(expenditure) in subsequent periods.
The net defined benefit pension asset or liability in the balance sheet comprises the total for each plan of the
present value of the defined benefit obligation (using a discount rate based on high quality corporate bonds),
less the fair value of plan assets out of which the obligations are to be settled directly. Fair value is based on
market price information, and in the case of quoted securities is the published bid price. The value of a net
pension benefit asset is limited to the amount that may be recovered either through reduced contributions or
agreed refunds from the scheme.
- 17 -

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
2 Critical accounting estimates and judgements
In the application of the charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
- 18 -

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Donations and legacies
Donations and gifts
name com merger
Unrestricted
funds
general
2025
99,161
394,323
Restricted
funds
2025
Total
2025
958,951
99,161
1,353,274
493.484 958,951 1.452435
Unrestricted
funds
general
2024
5,902
225,142
688,430
919,474
Restricted
funds
2024
584,938
77,799
662,737
Total
2024
5,902
810,080
766,229
1,582,211
Donated goods and services
Citizens Advice Central Nottinghamshire has an agreement to rent offices within the Broxtowe Borough Council building for £10,000 per year (all costs included). This is
a payment in kind as part of the three year rolling grant agreement due to be renewed in April 2027.
An agreement is also in place in respect of Castle House desk licences. The annual licence fee is £36,540. Concession of £29,040 is granted, resulting in £7,500 per
annum payable by the charity.
- 19 -

•
CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4
Income from charitable activities
Unrestricted Restricted
funds
funds
2025
2025
5
Charitable activities
Other income
Income from investments
5,978
720
Total Unrestricted Restricted
funds
funds
2025
2024
€
6,698
22,214
-
Total
2024
€
22,214
Interest receivable
Unrestricted Unrestricted
funds
funds
2025
€
2024
€
27,682
5,006
- 20 -

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
6 Expenditure on charitable activities
Direct costs
Staff costs
Depreciation and impairment
Staff training
Volunteer expenses & training
Travel & subsistence
Disbursements
Communications
Accountancy fees / consultancy charges
Legal & professional fees
Subscriptions
Insurance
IT equipment & support
Office equipment
Printing, postage & stationery
Premises expenses
Bank charges
Miscellaneous expenses
Other charitable expenditure
Share of support and governance costs (see note 7)
Governance
Analysis by fund
Unrestricted funds - general
Unrestricted funds - pension
Restricted funds
Charitable
activities
2025
€
1,293,039
9,918
4,861
11,888
16,348
36,533
16,117
4,520
9,534
10,386
2,916
42,529
1,566
3,786
88,555
233
932
-
1,553,661
30,975
1,584,636
440,649
35,000
1,108,987
1,584,636
7
Support costs allocated to activities
Governance
Charitable
activities
2025
30,975
-21-
Charitable
activities
2024
€
854,601
6,445
1,376
6,892
3,438
7,142
8,945
14,420
18,030
10,126
3,645
16,697
1,561
5,837
32,948
177
101
8,259
1,000,640
11,400
1,012,040
184,184
207,000
620,856
1,012,040
Total
2024
€
11,400

•
CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
7
Support costs allocated to activities
(Continued)
2024
Governance costs comprise:
Staff costs
Audit fees
8
2025
€
20,725
10,250
30,975
2025
€
11,400
11,400
2024
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable to the charity's auditor:
- for the audit of the charity's financial statements
- for other financial services
Depreciation of owned tangible fixed assets
8,000
2,250
9,918
5,725
3,575
6,444
9
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the
charity during the year.
10 Employees
The average monthly number of employees during the year was:
2025
Number
53
2024
Number
31
Employment costs
Wages and salaries
Social security costs
Employers contributions to pension schemes
Other pension costs
1,125,521
91,823
61,420
35,000
1,313,764
583,494
38,675
25,432
207,000
854,601
There were no employees whose annual remuneration was more than £60,000.
- 22-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
10 Employees
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
2025
€
139,633
(Continued)
2024
73,878
Aggregate compensation
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12 Tangible fixed assets
Freehold land
Leasehold Fixtures and
Computers
and buildings improvements
fittings
Motor
vehicles
Cost
At 1 April 2024
At 31 March 2025
35,000
35,000
Depreciation and
impairment
At 1 April 2024 (As restated)
Depreciation charged in the
year
At 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024 (As
restated)
22,400
700
23,100
11,900
12,600
13 Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
22,301
22,301
22,301
-
22,301
-
-
84,684
84,684
72,606
1,812
74,418
10,266
12,078
80,176
80,176
70,076
7,406
77,482
2,694
10,099
65,018
65,018
65,018
65,018
-
-
2025
178,199
38,665
12,876
229,740
Total
287,179
287,179
252,401
9,918
262,319
24,860
34,777
2024
€
90,934
26,554
2,056
119,544
- 23-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14
Creditors: amounts falling due within one year
Other taxation and social security
Dotered income
Accruals
Notes
15
2025
21,511
134,064
9,222
42,289
207,086
2024
19,287
9,000
4,544
30,878
63,709
15 Deferred income
2025
€
134,064
2024
€
9,000
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2025
2025
134,064
9,000
(9,000)
134,064
134,064
2024
9,000
:
9,000
9,000
16 Retirement benefit schemes
Defined benefit schemes
The charity participates in the Nottinghamshire County Council Pension Fund, a multi-employer defined
benefit final salary scheme. The scheme is administered for the benefit of Local Authority employees and
other bodies and is managed in accordance with the Local Government Pension Scheme Regulations. The
The most recent comprehensive rolled on actuarial valuation report was carried out on 31 March 2024 by
Barnett Waddingham.
- 24-

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Retirement benefit schemes
Amounts recognised in the profit and loss account:
Current service cost
let interest on defined benefit liability/(asse
lestriction on net interest income credited to the income statemer
Total costs
Amounts taken to other comprehensive income:
Actual return on scheme assets
Less: calculated interest element
Return on scheme assets excluding interest income
Restriction on net interest income credited to the income statement
Actuarial changes related to obligations
Total costs/(income
he amounts included in the balance sheet arising from the charity
obligations in respect of defined benefit plans are as follows
Present value of defined benefit obligations
Fair value of plan assets
(Surplus)/deficit in scheme
Movements in the present value of defined benefit obligations:
2025
€
32,000
87,000
(85,000)
34,000
2025
(44,000)
44,000
85,000
(334,000)
(249,000)
2025
2,462,000
(2,643,000)
(181,000)
Liabilities at 1 April 2024
Current service cost
Benefits paid
Contributions from scheme members
Actuarial gains and losses
Interest cost
At 31 March 2025
The defined benefit obligations arise from plans which are wholly or partly funded.
- 25-
•
(Continued)
2024
€
14,000
(123,000)
128,000
19,000
2024
(177,000)
177,000
(128,000)
(65,000)
(193,000)
2024
2,729,000
(2,662,000)
67,000
2025
2,729,000
32,000
(106,000)
10,000
(334,000)
131,000
2,462,000

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16 Retirement benefit schemes
Movements in the fair value of plan assets:
(Continued)
Fair value of assets at 1 April 2024
Interest income
Benefits paid
Contributions by the employer
Contributions by scheme members
At 31 March 2025
The actual return on plan assets was £129,000 (2024 - £49,000).
The fair value of plan assets at the reporting period end was as follows:
2,662,000
44,000
(106,000)
33,000
10,000
2,643,000
Fund assets
2025
2,643,000
2024
2,662,000
- 26 -

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17
Restricted funds
Th usesticted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may
Balance at
1 April 2023
Movement in funds
Resources
expended
Transfers
Balance at
1 April 2024
Movement in funds
Incoming
resources
Resources
expended
Transfers
Balance at
31 March 2025
The Henry Smith Charity
Housing (Broxtowe)
Homeless Prevention Fund
National Lottery
AOP
Hope (Trussell Trust)
Wellbeing Hub
Homelessness Disbursement Fund
Meditation Project
CGL (Change Grow Live)
COL
FR PBP Mid Notts
Access to Justice Foundation (IOTLS -
Improving Outcomes Through Legal Support)
MAPS
Outreach Collingham
Reaching Communities
NCLF Advice for Outcomes
Remote Advice
UKSP FR
Debt Project (Newark & Sherwood)
Early intervention
Outreach (Newark & Sherwood)
Remote Advice
12,521
6,398
(705)
1,582
35,000
10.060
4.996
6,597
51,407
44,700
10,899
27,905
17,531
10,193
18,061
2,768
20,775
73,041
915
24,172
(18,760)
(38,516)
(4,748)
(38,741)
(25,943)
(14,323)
(36,515)
(8,343)
(13,984)
(1,048)
(18,098)
(60)
(29,196)
(82,050)
(3,881)
(17,545)
(4,098)
19,661
3,688
1,144
10,150
18,757
3,424
26,390
1,717
8,543
9,145
(37)
(2,708)
8,421
9,009
2,966
6,627
41,500
67,958
53,230
11,599
10,000
9,692
(27,031)
(78,547)
(19.942)
(2,850)
(12,630)
(9,029)
- 27-
14,469
10,589
(33,288)
8,749
2,630
12
675
43,200
51,257
(38,644)
(53,682)
(43,096)
(45,852)
(43,025)
(13,658)
(24,724)
(43,949)
(13,768)
(1,144)
(10,150)
5,339
16,430
(7,841)
10,449
1,263
19,000
29,422
24,476
13,000
26,682
35,392
1,059
10,501
588
47,319
81,569
203,948
15,356
70,773
95,527
20,750
68,000
55,000
(49,485)
2,166
15,000
(81,533)
(239,397)
(19,100)
(72,035)
(99,228)
(23,728)
(73,771)
(57,931)
(19,931)
(20,611)
(36)
35.449
3.744
5,365
3,701
(11,491)
5,771
2,931
11,182
5,611
(675)

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Restricted funds
Welfare Benefits (Newark & Sherwood)
Henry Smith
Cost of Living
Energy Advice
Good Ideas Fund
Awards for All
Energy (Newark & Sherwood)
Newark & Tuxford Foodbank (Trussell Trust)
MAPS (Newark & Sherwood)
MAPS A
Early Intervention A
7,553
10,000
14,163
14.613
10,000
77,405
4,493
18,606
21,709
4,504
662,737
(11,203)
(8,780)
(4,382)
(12,717)
(13,073)
(7,553)
(4,497)
(5,762)
(20,768)
(21,739)
(8,602)
(620,856)
- 28-
1,203
4,382
(1,896)
3,073
4,97
1,269
2,162
30
4,098
15,775
5,383
-
-
135,061
44,000
959,671
(45,607)
(1,108,987)
(Continued)
1,607
(5,383)
43,480
29,225

•
CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Analysis of net assets between funds
At 31 March 2025:
Tangible assets
Current assets/(liabilities)
Provisions and pensions
At 31 March 2024:
Tangible assets
Current assets/(liabilities)
Provisions and pensions
Unrestricted Unrestricted
funds
funds
general
pension
2025
2025
€
24,860
1,032,463
-
1,057,323
181000
181,000
Unrestricted Unrestricted
funds
funds
general
pension
2024
€
2024
34,777
979,531
1,014,308
:
(67,000)
(67,000)
Restricted
funds
2025
29,225
-
29,225
Restricted
funds
2024
135,061
135,061
Total
2025
24,860
1,061,688
181,000
1,267,548
Total
2024
34,777
1,114,592
(67,000)
1,082,369
19
Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
20
Prior Period Adjustment
The prior period adjustment relates to a change in policy regarding the depreciation of the freehold land and
buildings.
- 29 -

CITIZENS ADVICE CENTRAL NOTTINGHAMSHIRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21
Cash (absorbed by)/generated from operations
(Deficit)/surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Difference between pension charge and cash contributions
Movements in working capital:
(Increase) in debtors
Increase in creditors
Increase in deferred income
Cash (absorbed by)/generated from operations
2025
(97,821)
(27,682)
9,918
35,000
(110,196)
18,312
125,064
(47,405)
- 30 -
2024
597,391
(5,006)
6,445
207,000
(100,545)
25,852
9,000
740,137