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2021-03-31-accounts

Directors M Gratton
R Lynch
C Woollard
S Feldman
SJ Lewis
D Poole
T Charman (Appointed 20 July 2021)
A Burnett (Appointed 8 December 2020)
Secretary J Everard
Charity number 1083566
Company number 04048683
Principal address The Advice and Community Hub
Renaissance House
London Road
St Leonards-on-Sea
East Sussex
TN37 6AN
Registered office The Advice and Community Hub
Renaissance House
London Road
St Leonards-on-Sea
East Sussex
TN37 6AN
Independent examiner McPhersons CFG Limited
23St Leonards Road
Bexhill-on-Sea
East Sussex
TN40 1HH

Page
Directors' report 1-4
Independent
examiner's
report
Statement offinancial activities 6-7
Statement offinancial position 8-9
Statement ofcash flows 10
Notes to the financial statements 11-25

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2021 2020
Notes F
Fixed assets
Tangible assets 12 4,104
Investments 13 74 57
4,178 57
Current assets
Debtors 15 32,865 26,564
Cash at bank and in hand 220,685 95,474
253,550 122,038
Creditors: amounts falling due within
one year 16 (13,468) (16,206)
Net current assets 240,082 105,832
Total assets less current liabilities 244,260 105,889
Income funds
Restricted funds 17 28,027 13,635
Designated
funds:
Reserves policy - 3 months running costs 80,000 80,000
Other designated funds 70,000
18 150,000 80,000
General
unrestricted
funds 66,233 12,254
216,233 92,254
244,260 105,889

2021 2020
Notes
Cash flows from operating activities
Cash generated
from/(absorbed
by)
21
operations 131,264 (3,101)
Investing activities
Purchase oftangible fixed assets (6,125)
Investment income received 72 237
Net cash (used in)/generated from
investing activities (6,053) 237
Net cash used
in financing
activities
Net increase/(decrease)
in
cash and cash
equivalents 125,211 (2,864)
Cash and cash equivalents at beginning ofyear 95,474 98,338
Cash and cash equivalents at end of year 220,685 95,474

Unrestricted Unrestricted Restricted Total
funds funds funds
general general
2021 2020 2020 2020
f F
Donations and gifts 5,826 14,247 14,247
Grants receivable 95,123 10,951 5,222 16,173
100,949 25,198 5,222 30,420
Grants receivable for core activities
Foreshore Trust 5,222 5,222
Other 95,123 10,951 10,951
95,123 10,951 5,222 16,173

Grants Charity shop Charity shop Total Grants Charity shop Charity shop Total
receivable for trading income 2021 receivable for trading income 2020
charitable charitable
activities activities
2021 2021 2020 2020
E
Performance
related grants 478,545 478,545 408,607 408,607
Ancillary trading
income 76,926 76,926 97,232 97,232
478,545 76,926 555,471 408,607 97,232 505,839
Analysis by fund
Unrestricted funds-
general 72,481 76,926 149,407 110,143 97,232 207,375
Restricted funds 406,064 406,064 298,464 298,464
478,545 76,926 555,471 408,607 97,232 505,839
Unrestricted Unrestricted
funds funds
general general
2021 2020
72 237
Unrestricted Unrestricted
funds funds
general general
2021 2020

Other trading activities 24,980 29,047
Staff costs 36,038 40,829
Fundraising trading:costs of charity shop salaries and overheads 61,018 69,876
61,018 69,876

Advice Advice
Centre Centre
Services Services
2021 2020
E
Staff costs 397,242 415,133
Depreciation and impairment 2,021
Activities undertaken directly 33,412 36,662
Service charges 6,221 5,655
Insurance 617 510
Repairs and renewals 823 424
Telephone 1,499 1,619
Printing, postage and stationery 3,962 4,100
Computer costs 3,997 3,347
Course fees 2,197 '1,522
Travelling 580 2,815
Sundries 1,016 1,182
453,587 472,969
Share of governance costs (see note 8) 3,533 3,529
457,120 476,498
Analysis by fund
Unrestricted funds - general 58,&37 143,688
Restricted funds 398,283 332,810
457,120 476,498

Support costs
Support Governance 2021 Support Governance 2020
costs costs costs costs
f. F F
Legal and professional 3,533 3,533 3,529 3,529
3,533 3,533 3,529 3,529
Analysed between
Charitable activities 3,533 3,533 3,529 3,529

2021 2020
Number Number
21 21
Employment costs 2021 2020
F
Wages and salaries 433,280 455,962

Unrestricted Unrestricted
funds funds
general general
2021 2020
F
17 (57)

12 Tangible fixed assets Tangible fixed assets
Leasehold Office Shop Fittings Total
property Equipment
f E
Cost
At 1 April 2020 6,295 17,641 7,500 31,436
Additions 6,125 6,125
Disposals (6,295) (6,295)
At 31 March 2021 23,766 7,500 31,266
Depreciation and impairment
At 1 April 2020 6,295 17,641 7,500 31,436
Depreciation charged in the year 2,021 2,021
Eliminated
in
respect of disposals (6,295) (6,295)
At 31 March 2021 19,662 7,500 27,162
Canying
amount
At 31 March 2021 4,104 4,104
13 Fixed asset investments
Listed
investments
Cost or valuation
At 1 April 2020 57
Valuation
changes
17
At 31 March 2021 74
Carrying
amount
At 31 March 2021 74
At 31 March 2020 57
14 Financial
instruments
2021
E
2020f
Carrying
amount offinancial assets
Instruments measured at fair value through profit or loss 74 57

15 Debtors
2021 2020
Amounts
falling due
within one year:
Trade debtors 31,626 25,053
Prepayments and accrued income 1,239 1,511
32,865 26,564
16 Creditors: amounts falling due within one year
2021 2020
f
Other taxation and social security 7,784 7,688
Accruais and deferred income 5,684 8,518
13,468 16,206
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Transfers Balance at Transfers Balance at
1 April 2020 31 March 2021
f f f
Three months running costs 80,000 80,000 70,000 150,000
80,000 80,000 70,000 150,000

Remuneration
of key management
Remuneration
of key management
Remuneration
of key management
personnel personnel personnel
The remuneration
of key management
personnel is as follows.
2021 2020
F
Aggregate
compensation
93,087 83,230
21 Cash generated
from operations
2021 2020
Surplus/(deficit)
for the year
138,371 (9,935)
Adjustments
for:
Investment
income recognised
in statement offinancial activities (72) (237)
Fair value gains and losses on investments (17) 57
Depreciation
and impairment
oftangible
fixed assets 2,021
Movements
in working
capital:
(Increase)/decrease
in debtors
(6,301) 7,421
(Decrease)
in creditors
(2,738) (407)
Cash generated
from/(absorbed
by) operations 131,264 (3,101)
22 Analysis ofchanges
in net funds
The charity
had no debt during
the year.