OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

REGISTERED COMPANY NUMBER: 03950747 (England and Wales) REGISTERED CHARITY NUMBER: 1080737

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

A Bell Accountancy 25 Castle Walks Chirk LL14 5LQ

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Cash Flow Statement 9
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 17
Detailed Statement of Financial Activities 18 to 19

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2023. The trustees have adopted the provisions of 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

Objectives and aims

The charity's objects are to promote any charitable purpose for the benefit of the community in Wrexham County Borough, by the advancement of education, the protection and preservation of health and the relief of poverty, sickness and distress.

Aims, Objectives, Strategies and Activities for the Year

Wrexham & District Citizens Advice Bureaux aims to provide free, confidential, impartial and independent advice and information for the benefit of the local community, to exercise a responsible influence on the development of social policies and services and to ensure individuals do not suffer through a lack of knowledge or an inability to express their needs effectively.

In addition to the continuing provision of high-quality advisory services to the local community the primary objectives for the year were to extend the means of service provision to include telephone advice, and to establish a specialist debt advisory service staffed by appropriately qualified personnel.

To obtain the necessary funding to provide the additional services applications were made to various local and national providers of community finance. Advertisements were placed in the local press for advisory staff both as paid employees and volunteers, induction and training being provided to the extent that necessary knowledge and skills were not pre-existing.

The trustees have paid due regard to guidance issued by the Charity Commissioners in deciding what activities the charity should undertake.

The principal activity of Citizens Advice remained the provision of free, confidential, independent and impartial advice, information and counsel for members of the public. This is provided through one main bureau and several outreaches in the borough. In addition to general advice the following specialist advisory services were provided:

Advisory services were provided through face-to-face consultations, telephone advice lines and various outreach services at community venues throughout the borough.

Significant activities

During the year Wrexham & District Citizens Advice Bureaux worked with nearly 4,000 clients, and dealt with 19,457 different issues, recorded a total of £3,259,593 in debt matters for the community and assisted clients in maximising their income by £2,172,116. Through our work this maximised figure is income which has been brought into the County.

We are experiencing an increase in very complex cases which are taking longer to address. Issues for clients and their everyday lives are increasing, with the cost of living crisis having a severe impact. We are also spending a lot more time working with clients who are experiencing mental health problems.

Thanks to funding from Tudor Trust we were able to embark on a 3-year partnership project with Advance Brighter Futures offering an early intervention and prevention service to clients to stop the escalation into a mental health pathway.

Volunteers

Wrexham & District Citizens Advice Bureaux receives help and support in the form of voluntary assistance in advising the public and administering the charity. We are very grateful to our volunteers for their time and commitment.

Page 1

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

FINANCIAL REVIEW

Financial position

The net assets of the Wrexham Citizens Advice Bureaux at the 31st March 2023 were £530,102 (2022: £528,207). Total income for the year was £582,173 (2022: £814,558) and total expenditure for the year was £580,278 (2022: £483,870).

The charity did not have any borrowings from either providers of funding or other sources at the balance sheet date.

Principal funding sources

The directors extend their gratitude to Wrexham county borough council who continue to support the core operating capacity of the charity. Additionally, we thank the following for project specific funding:

Investment policy and objectives

As required in its memorandum paragraph 4 in furtherance of its objects, and for no other purposes, the charity has the power to invest the monies of the charity, not immediately required for its purposes, in or upon such investments, securities or property as may be thought fit, subject nevertheless to such conditions and such consents as may for the time being be imposed or required by law.

Reserves policy

Under citizens advice head office membership compliance, Wrexham Citizens Advice Bureaux must maintain a level of reserves that is necessary to enable the charity to be managed efficiently and to provide a buffer. The National Citizens Advice Bureaux consider that the most appropriate level of reserves would be three to six months of expenditure.

The level of designated reserves is currently set at five months expenditure. The trustees are of the opinion that there are sufficient funds to meet the charities obligations on a fund-by-fund basis.

Allocated to bureau are transfer costs from various project sources and the Charity allocates some of this project funding allowances towards designated funds for the charity and, therefore, will meet full compliance of the citizens advice membership.

FUTURE PLANS

Wrexham & District Citizens Advice Bureaux aims to continually improve access to its services.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Page 2

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

Trustees, who are also directors of the company, are elected from the local community. The trustees keep its membership under annual review to ensure that there is effective representation from the local community. No other persons or bodies external to the charity were entitled to appoint persons to the trustee board.

Trustees must be a permitted person as defined by the Charities Act and of relevant skill or knowledge to the benefit of the Wrexham & District Citizens Advice Bureaux. Trustees are personally responsible for ensuring their skills and knowledge are maintained to a standard which encompasses changes in legislation impacting on the operational activities of the trust.

Organisational structure

The trustees who have served during the year and since the year end are set out on page 4. Trustees are subscribers to the memorandum of association and the trustees are legally responsible for the overall management and control of the Wrexham & District Citizens Advice Bureaux. They hold at least four ordinary meetings in each year.

Decision making

Wrexham & District Citizens Advice Bureaux is governed by its trustee board, which is responsible for setting the strategic direction of the organisation and the policy of the charity. The trustees carry the ultimate responsibility for the conduct of the bureau and for ensuring that the charity satisfies its legal and contractual obligations. Trustees meet as a minimum quarterly and delegate the day-to-day operation of the organisation to the chief executive officer. The trustee board is independent from the management. A register of members' interests is maintained at the registered office, and is available to the public.

Induction and training of new trustees

On appointment a newly elected trustee must have, as a minimum, read and accepted the memorandum of association and articles of association of the Wrexham & District Citizens Advice Bureaux and read, understood and accepted the duties and responsibilities of a trustee as outlined in the Charity Commissions booklets CC3 - The essential trustee: what you need to know, and CC3(a) - Responsibilities of charity trustees.

Newly elected trustees must understand in detail the ethos, vision and objectives of the Wrexham & District Citizens Advice Bureaux.

Wider network

Wrexham & District Citizens Advice Bureaux is a member of ctizens advice, the operating name of the Citizens Advice Bureaux, which provides a framework for standards of advice and casework management as well as monitoring progress against these standards. Operating policies are independently determined by the trustee board in order to fulfil its charitable objects and comply with the national membership requirements.

Related parties

The Wrexham & District Citizens Advice Bureaux co-operates and liaises with a number of other advisory services, local charities and social services departments on behalf of clients. Where one of the trustees holds the position of trustee/director of another charity they may be involved in discussions regarding that other charity but not in the ultimate decision-making process (non-voting).

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03950747 (England and Wales)

Registered Charity number

1080737

Page 3

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

Registered office

35 Grosvenor Road Wrexham LL11 1BT

Trustees

C Bettley Retired M J Davies Fire safety practitioner A Jones Charity worker J Kent Crown Servant A J Lewis Accountant H Piggott Retired R D Williams Solicitor M Davies Retired (resigned 1.4.22) T Taylor Businessman (resigned 18.1.23)

Company Secretary

E J Morton

Independent Examiner

A Bell A Bell Accountancy 25 Castle Walks Chirk LL14 5LQ

Bankers

Barclays Bank plc 51-52 Hope Street Wrexham LL11 1BB

Approved by order of the board of trustees on 22nd November 2023 and signed on its behalf by:

R D Williams - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

Independent examiner's report to the trustees of Wrexham and District Citizens Advice Bureaux ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

A Bell

A Bell Accountancy 25 Castle Walks Chirk LL14 5LQ

22nd November 2023

Page 5

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
17,281
Charitable activities
4
Advice & guidance
115,000
Investment income
3
3
Total
132,284
EXPENDITURE ON
Raising funds
5
-
Charitable activities
6
Staff costs
62,510
Delivery costs
33,463
Premises costs
21,463
Other
6,993
Total
124,429
NET INCOME/(EXPENDITURE)
7,855
RECONCILIATION OF FUNDS
Total funds brought forward
236,192
TOTAL FUNDS CARRIED FORWARD
244,047		 Restricted
funds
£
36,054
413,835
-
449,889
32,307
417,582
-
5,960
-
455,849
(5,960)
292,015
286,055		 31.3.23
31.3.22
Total
Total
funds
funds
£
£
53,335
323,397
528,835
491,151
3
10
582,173
814,558
32,307
-
480,092
424,184
33,463
28,024
27,423
25,732
6,993
5,930
580,278
483,870
1,895
330,688
528,207
197,519
530,102
528,207		 31.3.23
31.3.22
Total
Total
funds
funds
£
£
53,335
323,397
528,835
491,151
3
10
582,173
814,558
32,307
-
480,092
424,184
33,463
28,024
27,423
25,732
6,993
5,930
580,278
483,870
1,895
330,688
528,207
197,519
530,102
528,207
814,558
-
424,184
28,024
25,732
5,930
483,870
330,688
197,519
528,207

The notes form part of these financial statements

Page 6

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

BALANCE SHEET 31ST MARCH 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
12
66,511
CURRENT ASSETS
Debtors
13
475
Cash at bank and in hand
208,802
209,277
CREDITORS
Amounts falling due within one year
14
(31,741)
NET CURRENT ASSETS
177,536
TOTAL ASSETS LESS CURRENT
LIABILITIES
244,047
NET ASSETS
244,047
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
286,055
16,775
19,030
35,805
(35,805)
-
286,055
286,055		 31.3.23
Total
funds
£
352,566
17,250
227,832
245,082
(67,546)
177,536
530,102
530,102
244,047
286,055
530,102		 31.3.22
Total
funds
£
324,018
10,450
218,611
229,061
(24,872)
204,189
528,207
528,207
236,192
292,015
528,207

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 7

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

BALANCE SHEET - continued 31ST MARCH 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 22nd November 2023 and were signed on its behalf by:

A J Lewis - Trustee

The notes form part of these financial statements

Page 8

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning of
the reporting period
2
Cash and cash equivalents at the end of the
reporting period
2		 31.3.23
£
31,646
(383)
31,263
(37,320)
3
(37,317)
(6,054)
218,611
212,557		 31.3.22
£
394,645
-
394,645
(321,128)
10
(321,118)
73,527
145,084
218,611

The notes form part of these financial statements

Page 9

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2023

1.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.3.23
£
Net income for the reporting period (as per the Statement of Financial
Activities)
1,895
Adjustments for:
Depreciation charges
8,772
Interest received
(3)
Interest paid
383
(Increase)/decrease in debtors
(6,800)
Increase/(decrease) in creditors
27,399
Net cash provided by operations
31,646
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
31.3.23
£
Cash in hand
122
Notice deposits (less than 3 months)
227,710
Overdrafts included in bank loans and overdrafts falling due within one year
(15,275)
Total cash and cash equivalents
212,557
3.
ANALYSIS OF CHANGES IN NET FUNDS		 31.3.22
£
330,688
8,396
(10)
-
60,826
(5,255)
394,645
31.3.22
£
199
218,412
-
218,611
At 1.4.22 Cash flow At 31.3.23
£ £ £
Net cash
Cash at bank and in hand 218,611 9,221 227,832
Bank overdrafts - (15,275) (15,275)
218,611 (6,054) 212,557
Total 218,611 (6,054) 212,557

The notes form part of these financial statements

Page 10

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Plant and machinery - 15% on reducing balance Computer equipment - 33% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 11

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

2. DONATIONS AND LEGACIES

3.

Donations
Grants
Grants received, included in the above, are as follows:
Citizens Advice Bureaux
INVESTMENT INCOME
Interest receivable - trading		 31.3.23
£
17,281
36,054
53,335
31.3.23
£
36,054
31.3.23
£
3		 31.3.22
£
305,397
18,000
323,397
31.3.22
£
18,000
31.3.22
£
10

4. INCOME FROM CHARITABLE ACTIVITIES

Included in income form charitable activities is a sum of £115,000 received from Wrexham county borough council (2022: £80,000).

5. RAISING FUNDS

Other trading activities

31.3.23
£
Grant allocations
32,307
6.
CHARITABLE ACTIVITIES COSTS
Staff costs
Delivery costs
Premises costs		 31.3.22
£
-
Direct
Costs
£
480,092
33,463
27,423
540,978

continued...

Page 12

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

7. SUPPORT COSTS

SUPPORT COSTS
Governance
costs
£
Other resources expended 6,993
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.23 31.3.22
£ £
Depreciation - owned assets 8,772 8,396
Other operating leases - 5,095

8. NET INCOME/(EXPENDITURE)

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2023 nor for the year ended 31st March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2023 nor for the year ended 31st March 2022.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Management & administration
Advice delivery		 31.3.23
£
432,913
33,064
14,115
480,092
31.3.23
2
17
19		 31.3.22
£
381,039
30,535
12,610
424,184
31.3.22
3
12
15

No employees received emoluments in excess of £60,000.

continued...

Page 13

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
7,423
Charitable activities
Advice & guidance
80,000
Investment income
10
Total
87,433
EXPENDITURE ON
Charitable activities
Staff costs
-
Delivery costs
23,058
Premises costs
19,772
Other
5,930
Total
48,760
NET INCOME
38,673
RECONCILIATION OF FUNDS
Total funds brought forward
197,519
TOTAL FUNDS CARRIED FORWARD
236,192
12.
TANGIBLE FIXED ASSETS
Freehold
Plant and
property
machinery
£
£
COST
At 1st April 2022
321,128
77,347
Additions
37,200
120
At 31st March 2023
358,328
77,467
DEPRECIATION
At 1st April 2022
6,423
69,080
Charge for year
7,167
1,259
At 31st March 2023
13,590
70,339
NET BOOK VALUE
At 31st March 2023
344,738
7,128
At 31st March 2022
314,705
8,267		 Restricted
funds
£
315,974
411,151
-
727,125
424,184
4,966
5,960
-
435,110
292,015
-
292,015
Computer
equipment
£
3,788
-
3,788
2,742
346
3,088
700
1,046		 Total
funds
£
323,397
491,151
10
814,558
424,184
28,024
25,732
5,930
483,870
330,688
197,519
528,207
Totals
£
402,263
37,320
439,583
78,245
8,772
87,017
352,566
324,018		 Total
funds
£
323,397
491,151
10
814,558
424,184
28,024
25,732
5,930
483,870
330,688
197,519
528,207

continued...

Page 14

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accrued income
Prepayments
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 15)
Social security and other taxes
Other creditors
Credit card
Pension control
Accrued expenses
Deferred income
15.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
16.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated reserve
Restricted funds
Capital grant
TOTAL FUNDS		 At 1.4.22
£
36,192
200,000
236,192
292,015
528,207		 31.3.23
£
16,775
475
17,250
31.3.23
£
15,275
8,578
1,500
365
-
2,798
39,030
67,546
31.3.23
£
15,275
Net
movement
in funds
£
7,855
-
7,855
(5,960)
1,895		 31.3.22
£
10,000
450
10,450
31.3.22
£
-
14,931
-
577
786
3,394
5,184
24,872
31.3.22
£
-
At
31.3.23
£
44,047
200,000
244,047
286,055
530,102

Page 15

continued...

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Acton community council
Gwersyllt community council
Rhosllanerchrugog community council
Penycae community council
Broughton community council
Single advice fund
Capital grant
Moondance
Splash community trust
Forces
CAB - Cost of Living
Tudor Trust
TOTAL FUNDS		 Incoming
resources
£
132,284
6,522
8,108
6,221
6,221
9,000
302,072
-
34,900
2,755
30,936
1,154
42,000
449,889
582,173		 Resources
Movement
expended
in funds
£
£
(124,429)
7,855
(6,522)
-
(8,108)
-
(6,221)
-
(6,221)
-
(9,000)
-
(302,072)
-
(5,960)
(5,960)
(34,900)
-
(2,755)
-
(30,936)
-
(1,154)
-
(42,000)
-
(455,849)
(5,960)
(580,278)
1,895		 Resources
Movement
expended
in funds
£
£
(124,429)
7,855
(6,522)
-
(8,108)
-
(6,221)
-
(6,221)
-
(9,000)
-
(302,072)
-
(5,960)
(5,960)
(34,900)
-
(2,755)
-
(30,936)
-
(1,154)
-
(42,000)
-
(455,849)
(5,960)
(580,278)
1,895
(5,960)
1,895

Comparatives for movement in funds

Unrestricted funds
General fund
Designated reserve
Restricted funds
Capital grant
TOTAL FUNDS		 At 1.4.21
£
22,519
175,000
197,519
-
197,519		 Net
movement
in funds
£
38,673
-
38,673
292,015
330,688		 Transfers
between
funds
£
(25,000)
25,000
-
-
-		 At
31.3.22
£
36,192
200,000
236,192
292,015
528,207

Page 16

continued...

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Acton community council
Gwersyllt community council
Rhosllanerchrugog community council
Penycae community council
Broughton community council
Universal credit
British gas trust
Single advice fund
Capital grant
Moondance
Advice limk
Splash community trust
TOTAL FUNDS		 Incoming
resources
£
87,433
6,522
7,419
6,221
6,221
9,000
37,900
20,034
293,833
297,975
18,000
14,000
10,000
727,125
814,558		 Resources
Movement
expended
in funds
£
£
(48,760)
38,673
(6,522)
-
(7,419)
-
(6,221)
-
(6,221)
-
(9,000)
-
(37,900)
-
(20,034)
-
(293,833)
-
(5,960)
292,015
(18,000)
-
(14,000)
-
(10,000)
-
(435,110)
292,015
(483,870)
330,688		 Resources
Movement
expended
in funds
£
£
(48,760)
38,673
(6,522)
-
(7,419)
-
(6,221)
-
(6,221)
-
(9,000)
-
(37,900)
-
(20,034)
-
(293,833)
-
(5,960)
292,015
(18,000)
-
(14,000)
-
(10,000)
-
(435,110)
292,015
(483,870)
330,688
292,015
330,688

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2023.

Page 17

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

FOR THE YEAR ENDED 31ST MARCH 2023
31.3.23 31.3.22
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 17,281 305,397
Grants 36,054 18,000
53,335 323,397
Investment income
Interest receivable - trading 3 10
Charitable activities
Advice services 528,835 491,151
Total incoming resources 582,173 814,558
EXPENDITURE
Other trading activities
Partner payments 32,307 -
Charitable activities
Wages 432,913 381,039
Social security 33,064 30,535
Pensions 14,115 12,610
Other operating leases - 5,095
Insurance 2,313 1,995
Light, heat & water 8,741 4,832
Telephone 8,096 7,505
Postage and stationery 5,616 6,048
Sundries 137 286
Repairs & renewals 6,624 5,400
Subscriptions 8,519 7,053
Training & recruitment 3,962 694
Travel & canteen costs 5,528 4,465
Room hire 1,619 480
Cleaning & waste 959 1,507
Freehold property 7,167 6,423
Plant and machinery 1,259 1,459
Computer equipment 346 514
540,978 477,940
Support costs
Governance costs
Accountancy fees 2,250 2,250
Bank charges 170 170
Carried forward 2,420 2,420

This page does not form part of the statutory financial statements

Page 18

WREXHAM AND DISTRICT CITIZENS ADVICE BUREAUX

Governance costs
Brought forward
Bookkeeping
Interest payable
Total resources expended
Net income		 DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2023
31.3.23
31.3.22
£
£
2,420
2,420
4,190
3,510
383
-
6,993
5,930
580,278
483,870
1,895
330,688		 DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2023
31.3.23
31.3.22
£
£
2,420
2,420
4,190
3,510
383
-
6,993
5,930
580,278
483,870
1,895
330,688
5,930
483,870
330,688

This page does not form part of the statutory financial statements

Page 19