IIEGISTERED COWANY NUMBER. I]41962 REGISTERED CHARITY NUMBEIL. 108404S REPORT OF TRUSTEES ANO FINANCIAL STATEMENTS FOR TrE YEAR ENOEO 31 MARCH 2023 FOR cmzENS ADIryCE CAERPHILLY BLAENAU GWENT •ACGIINKF4 1011112023 CCIMPANIES HIJJSE A19 *122 ststulory ArtOr Qak Tree CA)Wt CardA7 Gale Busines5 Park CARDIFF CF23 8RS
CITIZENS ADVICE CAERPHILLY BLAENAU GYIENT CONTENTS OF THE FINANCi4L STATEMEPITS FOR THE YEAR ENDEO 31 MARCH 2023 P4e Rep)rt ofth8Tru5tws 1 to 10 Report ofthe kndependentAudlio 11 to 13 Stmntof FlnontJ•l A¢tivlO¢$ 14 Balance Shoot 15 16 Notes to the Cash Flow Ststemerrt 17 Notes 10 th¢ Flrtanclal Stsi8m*rtts 18 t¢+ 34 Dotalled statsmertolFInl AeO¥ltS85 35 to
CITIZENS ADVICÉ CAERPHILLY BLAE14AU GWENT REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 R¢ 2023 The liuslees who are 0 di015 ¢horty ltythe purp05e5 olts Crynis A¢1 2(h)6. mert report th Ihe fin¢1#1 statements of Ihe ¢harty for IhÈ year eTrJed 31 Mar¢h 2023. trustees have adopted the PrO$jns of Accounting and Reportyy ty Charits'. Slalemenl of ReuJmnndèY Practice lo charitN8s preparir¥J Iheir acujunls in accoidartt wth the Finwwl Reprybroj Standaryl appkabkn UK aNI Republc of lrnland IFRS 102) leffe¢Xive 1 January 2019). Tts prnti1 •¢tws ofthe ¢h•rty Ul the pentrj uTrJer rev¥ ttw)se of any thori1 wrpose lor the bentrfft efthe ttole communrty in cae arY BL8enau frent County Boroughs aThY Wond ty the ad¥8rKement of educalion. smutecbtifi of healh arKI re&dof po¥ebfy. Sic5$ arKI <hslres The akn of the 2022Q3 financaal year was to take lorwarrj Ihe cèJectNe5 ¢YJthned in wr cwrenl tyjsirwd pLgn ¢0 continue seNe ourMftThunrfE5 XTOSS CaerFthIty ara aeaU Gwent borwghs ty. pro(n9 the peoF4e rted fvthe they la. lrnpmwr¥J porth5 and prac2iceslhat affed ptyle's Alms. objectlyes. St01¢$ and acliyliies forthe ytsr Citizens ¥e Caerphlty Blaenau Gtnt aim5 lo free. corf#knlwl, inparbal and indeFeTrJent aTr infwmabon for berefl olthe crrn¥nty. We 1150 akm to •xercw a BspofL5tsk inffluerK• on the de¥ebpmenl of SOCAal polioes lo athan s•Mces thal ertsure indi¥pJuas do not suffer thrOh a lack of knowwe or an inability to exFffjess Ihw needs effectNety. Public beneflt The organks¥ith$ tru$tee5 can wnfrfrn Ih•t Ihty have had w•rtl to gUNlan publi$h¢d ty the Charity CcffimK8sion. Shjfvthcanl pfans aTrJ aclwitEs that wè ur•Jert(% (knir¥J year that demonstrate pubh'c benefrt are Sel ou¢ urKlerthe AchKvernents aTrJ PerfrymarKe sedion. The Busine58 Plan covwWj 2021.24 5 slwale9rg)al5: 1. Cxjr ad¥Ke gol.. We Thprov• Il% eXper¢t 048 Iwe ¢0 help and a5wre to everyone I•vMVJ with the kn¢x need tofmd o forwar¥. 2. I1 advocacy go". be a strthwervoic on tr¢ matter mst lo the W¢pThO come to us for help. 3. Ir lechnolw goal." IA use tethnolw to enle a 9at txpetrte lor ts pewe ¢w)e ta us trjr hdp. whrfe freeing up reswrces I1twl alrw u5 to me81 rmre dwnand. 4. CKJr 51Jsiainat%lty goal". 11 se¢ure our firture a5 a se1¢ thN)ugh J mNe ColbOt¢. proatbve 8rJ ¢peIl¥e aryoach to lundraiswyj. S. fAJr lIre goal.. We will be a colat)oratrE. nrKrdatTr arnl hv4lwrformirg s¢AfKe thal pr(Thot•s tyiuaSty. dNer5ty and incbJsKin and challenges dwvninaticffj. Th• prirKipal Crftztns CaEhty Blaonau remained the FXOVLSW of free. wnfidEntial. iidependent and Impartkql adv. •)fomiaiion aTrJ supp)rt ksr members of Ihe pubk. Thi5 is provYed through 3 orre$ Bargwy. Bryrffjw and Rca and the muttChanre1 coniact ntre Cae¢plity. In additson lo genBratst advi the fOlknry9 specialist a(kI s•rvKes we sle." Specmltst in lhare Benefft DebL e¢ Mi mental he31h rao settiNJs. The prOlOn of debt aThY finanual capabthty athct to paitses with dr¥erse and Specif SueS. Pension gubYan to ¢)ver 50years ofage ith defir%d pensb)n$. Errgy aifvKe to those experEncry or al risk of Ihe cortsequerKts bjel pwty. Swportto vAtnesse5 n the crirninl ju5tKe sy5tern. Speaaltsl telepho adv on consumer $eS.. aThl Geroral athKe and sb3nposbrg 10 seryicts a5 Part ofourkncel prograrnm•. pd to say lh we ¢an Volesstha offer ser¥tts a¢mss a lar¢ of channel$ indvdirwj la¢trltrla¢e. te1ephon•, dlgital interact#Jns or al olher rthth seTrices xross ¥arnu5 Caerph or BL8enau Ca¥enl. Pa9e 1
cmzÉNS ADVICE CAERPHILLY BLAENAU GWEP REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 AIARCH 2023 OBJECTNES AND ACTMnES Cri¢•ro or measures to •ss¢ss siiceess A keylemenl of It ¢ittr& Advice mernt4h1p Scheme ts the requKement ol e%ry member to undertake an anmal Leadership Seff-Assessmenl ILSAI covern9 the folkn¥iny Ie aieas.. Sliategic bu5ine55 pknnfity." Risk manage.. Finalar managemprt.. peop managewent OperaiK)nal perfornice marwn¢ Partnersh4DWCrtiry,' Research I1 pH]n1¥." Equal'ty aderShiP. The a55essm8nt of the seW-3Sses5ment 15 vthled 1 grQd by ts Naywl CdReThs 5eM¢e and any do¥¢bpmerl OutCcrfr aw 3gr¢¢d ui p•knwsh4) with its mwnbw5. A5 the LSA alvjns ¥th external 5taThl3rd5. cornptsance 50 idicates compbarKe with the minwnum rEqUirtWnts of the Advice Qualty Standard IAQSI, Morw afj Per)n se IMPSI dèbt qualty and the Informat dv quafty frammrt lorWak5 VAC. In 2021r22. titoens Advi Caerthaty BL•wau Gtnl uTrJerAAt an t4 confirmaion audl aTrY was raled'greeTh' in eath of nin8 LSAareas irbJicing excellent kader5hp. Contribtstlon OfvonIeers Vdunteers are the vital backboTrÈ of Ourowani10fi as lo ¢ our thèr1 aim to reach as mat)y peDple our c(rnmunity as possknle. VohJnleerj (an take forms i tyjr chanty, 4KhAing admini5tralion. advice, aTh1 ¥dvo¢4ty. As trustees we akn 1p. $ptsrt. ard sh¥e eSsert Ihat Citizer6 caeh Blaenau ¢x¢eed rtsthaiit8t4e obpth"¥es. Out volunt•¢r us to oifer ¥ecK wThJNbJu¥f supptyi n $ufvoundry areas that otlrwist be hard b) rexh, so thal io SLVPDrt iTrJi¥idu in x4ated •pas. re 5¥ to infpmbaboTh may lirnrted. We hav• dedKaled suppjrt and pl5 in place lo swort vokntVW5 Ihat tak•5 the form of speof supervision. trainirg pkns ond potiw. are atso that hovp a¢tved and maintafft&l Ihe Irt¥e5ting Volunteers qualty mark as have placed ernphas mtrironw¢%J support and devdweDt. POgE 2
cmzENS ADVICE CAERPHILLY 8LAENALI GW REPOAT OF THÉ TRUSTEES FOR THE YEAR ENDED 31 hiARCH 2023 ACHIEVEMENT AND PERFORIIANCE Charitable ac¢ivities A$ In previ$ years, * ¢ts"nUed to play 8 synttanl robe in th¢ de¥dowerrt of the national Qt¢en$ Advi ser¥Ka. The Chf Executwe is a mernter of a nwDbBr of cornrThitees and working gro5 ty Na110 crtizens Myice aThl Cth'zens Adyv QMN. I)Jrtrustees * staff sit en a humbwof ¢ittee5 and ItM$. conlinue 10 5VPPOrt aTrJ contitlute lo 3 YJe Bngp of bxal arwj kna cor with in81 aTr eommunty ¢Jevelopnnt. for example". Caerph Sfartslw#J ConfererKe Blaenau Gwenl Refom Gr•up South Wales mon Ad¥Ke Forum South Wales FinarKial Capablty Farnm egard a5 rt an irnwrtant part ofour fc4e lo use Ilw fora to share thrnalJn aris9 from the probl$ faced ty th8 ¢tynmunis * ser. $0 that k>¢41 detA$ makets can th¥el(y polw Ihat WÈ evwJenc kd. Regional and hx•l invdvement is cc81 to success mh8s Ihe Srwjal aTrJ oLiedi4e of the Nal)nal czenS Advice Key achfevemerts dvrirtg 2022r23 dr8rrt5 raed $1 $47 5yeS ¢n 185 servKe5 wwj Calls and 2 259 cases deak theAdwceiink RemoleAdvKe Tea national clrts rovided with tele hone debt advKe natsonal clnts raised 18 198 i55ue5 on Ihe Hel Thro h Hardth calls and web ehats hand Ihe AdviLline ContaLX Cemre calls web chats and emaits haftd b the Cènsumer Cot)tact Cent ferraLs to the Wrtness Serve Natn& Refrrral HL incorne ained for chentS rob1 debt handd roblwn debt written off 178 896 £7 430 695 £62 142 000 629 862 60•A oflwal dnts lJ 35% ofal clertsl ptOFwih th5ablthes In 2022r23 we dE&vernd 58¥eral arbj exi5bng prpieds d85Wod to meet ¢Jw tharilatde a. as suThiari5ed bebK. t crntinued to delNer the Goverrfflerrt SIry Adv FuTrJ knrel'r Cymnj prwt. 111j SpeCialt Det4 and BefftS Advre Gerts1 bth and. via ctiilacl ctnlre, acro tl thok OrwaS. We se¢d the C8erplvty CBC Confthrt sh ser¥Ke • mmivnum ofthrte yea. The service has b¥n re-named Lel'5 Tak Money. We delivered Energy AoWKe. ILmded by Moondanc Fwndaticffj. heIng 5¥Jents of Ca8rphIl and elaenau Gwenl make the rnost of lts'r usage. We detivered the m lded lo Ciavn serwce as$rstiTrJ to make Iheirfir51 UnNersal CrJit claim. We ¢oitnued our partrersh¥i with Cilttefis Advice in arKI t¢ delwer the Aneurin eevan Universty Health BOO funded Mertal Health Wemare Rb3hts Semce whh provwjes a seMrE to users of ABUHB mental heatth seNres. The A(tsss to Justy¢e F0undatv)n •Jreed to a shorf4erm proie¢i deh¥¢rirrtJ Law adwi¢e to dents o find themselves e4)Ib fer tegal apj. to pty prNate ad¥v. The Serv is 2 pathershi) w Cilr£ens Ad¥Ke Rltrjndda CyTh Tafl. ente ffo a new partr$h(p with Gw1 As51•110n ol Tr9Jftffjations lo del¥er a bespoke servi£ lo partiripanL% in IheirCemmunils 4Woth scthme. From Juty we began Wknng with the leaving care le))s in Caerphilty aTra BLqenau lknnl counc48 to pro¥iJe finar1 swrt lo p3rfvwlS in Ih¢We15h Go¥emmBrfs Ba5K IrKfft Pibt s¢*eme. Page 3
CITIZEMS AOVICE CAERPHILLY BiAENAU GWEI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IIARCH 2023 ¢rtJzens Ad¥tt fiJr#J an Jwce to caler51o Ihe natMal AthKeline 11. The Morny arKI PenSn Serwre fvnds speoatol ¢Jetl advKY ty tekplkyk?. web dwl and emarf lo dEnts from England. Late kn Ihe in prtr¢rsh¥J with naial Cthzens Athft¢. So¢ur¢d 4 new. $hJNkanty larger, aPS contract. CilYens furKI to dEn15 uliryj Ihe matK)nal Consumer AdvKeline Servire. The CI12ens INtness Sefvie Referral Hub prvrfths SUFWt to people gMrJ e¥pJan in the criminal jusIKe system. W¢L%h Govemm8nt funds a 9efft¢raSst wd specAftst telewe fvice s¢rte. We ¢eli¥ef in parinwshp ilh Citr£ens Ad¥Ke Cardiff & Vak. WtL4h GOVernnI 4b) funds aaim lthaf5 Your4 benefft takP tsnpa3n. Thi$ ytar te9an leVer the He¥J Thwh Hardship ser¥ice tsryeDny peoF4e rIa or in need of fojd banks. Investh)t pollcy As required in ils MerrnTrTrj paragraph 4.17. in frHlhethce of bts objeds. aThJ no 0r puose5. the Crrnpany has the power to invest the mon5 of the Cthnpary Mmmediatefy requi wrposes in or upon sh In¥esbments, 5ecurilie5 or prop•rty as may be ihoughl fft, SLied newrttth5 to such coThJitiMs aTrJ Sh consents, 85 rnay fof the te being. Irnp05ed or required by law. Key porfonnwKe Indic•try5 Ea¢h year th¢ se confvms is pwformartr ty th1ert2king a Leadetslwp lAssessmen( as part ot Ihe membership the wJer C'Ze8 Aoknce NattixAI organisal#)n. ITh pre1? finanoal years hava Scored gfeen, acTOSS al key iTryAt0 and Ihe 2022Q3 finarrial year $ no exop)¢. C1zenS Ad Caerphily Waenau Gwent ¥Acrfk5 10 a w¥le rar¥e of KPIS agreed with ts ¥all? luThJw5 and appropii#t• to the SemS1urIjed. In 2022123 tA md or ext*eded great majority olour fvrKler KPLS.
CITIZENS ADVICE CAERPHILLY BLAENAU GWE REPORT OF THE TRUSTEES FOR ThE YEAR ENDEO 31 IAARCH 2023 FINANCiAL REVIEW Fanual poslbon In summary would lke lo presenl the headirs fftyn wr financial arumIs. where lurther delal can be lolw in tha StatemeTrl of Fina81 Acbvty. Thi5 ha5 t¢en anolTrw S¢$11 for charity finanpty where WJ have inrreased our teveNe and exertised effectr¥e ¢trS 10 èrtsure an funthd pftrJr))s Ihey finarKh21 cost. We are also ased to eantinue lo increase our reserves and manap Ihem ellecti%ty some new de9ftaI8d pro¥i5Kin5 in the xcounts. Th8 adlineS frtyn the finaThial accwnts are as folrws.. Inc(The has in¢xea50d to £S.684.172 cornpared to£&166.114 n Ihe kY•vv)U5 faral year. Of the t¢ial in¢ome £4,941.089 was rtstricied lunds and a knher E743.083 was unre$led Unrestricted re5eryes ha increased by £954.397 the p¥)US finaroal yeat. We have a5svJned Iwo Desvjnaled Funds in totsl". 1. £2S0.000 has been Oestsjnaled lor Chgansaimal rwe1c to al futuE grth•th arry p)tenlial restrlUre ol the thanty." and 11. a ffUrtr £100.1100 has been tksTrJnated lo rnawts our ufftastswrau ind11j ow proF¢rty at Churc Our expenses profi is carefultry [ry%ed ¥ia Wet marwgeThnl sysiwns wrth grA ol 1 ry)sts d8¥0tod lo fionl hne See delivery. Other headlines latiT8 to Jr(ost$ are a5 fcknE.' have a luther £99.1100 thÈ year towards our Defined Berfft Penft scheme to mamge Ihe defjul based on Actuanal eakulatkin5. This wtymenl amtyjrt was a9reed a Jyeai lem. Staff co51$ fEm•in one of our knggest ¢xpenses t£Tr11ng lor I1 over 90% of tc4al profik Of c4$ts. Th indudes FensK)n cosls and olher 5uppknthary costs o15taffiw and management. The balance sheei i4 Rportty cash attra 01£1.781218 and a rfher£4G•62 is hebj in CCLA I¢ aCcOt$. ReseNes policy In accrKdance gwd corwrale ga¥emaru wd Charity CoThni5w dwity ha5 rna1rrfaed a minimum level olfree ps¢Ne$. Charity CorMi¢%w guks $ts¢ss Ihat Ilwe "rft IMI. ¢1 even • rnrge of. that ri9ht for •ll charits'. Any l¥gei sei lOrt of reser to te hekj, rtlknt Ihe ¢xgaThMtions parlicuLArc¥rcumstsnc8S. CAC8G she$ to move away frll a approach based thtee six months of cwat419 ¢osts ttrards 8 tsrgel reserve level tespoke lo our exposure and risk as an organi5abon. charty hok15 re5er¥es for 8 number of sons". They help provKJe 5hort4erm cash lo akn expenditure b) be irKurred ahel of ittsme bEiny recenied. They can wo¥ide contingew lo he male the thpact of unexpectedlun1oS8en expeTrJilures." Ihey assBt budget managemert. ty amtywing WEssufE5 lo te deatt with. or irNe5tment ui made, thil$t a nger-tern 5duliw b5 frTra.. and t1 hew ¢mnrfmerts to met in event ofa tessatK)n offvTrdiny. The tharity re¢tsJnises that strategc finarKial nnry ¥rfsyrr6 the devekswr%Dt of our resefft$ pdicy. Effecbve risk man8gemenl is key to Ihek lIfe wo(ws. AS)ry•Ye a rev of our inlemal fmanttaf managanxni. the Board has iec8nlty le-evalJat its exsmg reser¥es poky having c•rtsJered, in PartUr, the fdIYA'. The level of RseThes apwowt• lor Ihe cuffent soe &)mF4È¥ty of Ihe organi5ation gNTLant growlh over recent yea. The increasing kvel 01 wNes requirtd lo ¢ash f• wr pro5 M • quartety b•51S to ensu thè conlinuance of Serv debwry. We need scwe lo manage short temi budgetary ¢&su85 On 8 day lo day basts. e5peoalty giTrKn Ihe 9¥v4 proptyrtKJn of ourlundir#J tr115 reNed in afrear5. The need to protect the ergantsalion against Ihe inmethale of1ra eharyes. The nd to c£sver unlesSen or unavoAlat4e tods. The fteed to move to expl¢yt opporlunthes as ¥rKI thvy artse. The to Mv¢rongow IT and equ¥imen14Jased ithestmenL The need to tover owst8tuW 8TrJ ottr c4Mrtments shoJkJ Ihe oryanisatitin eease to operate. The need knr a re5?e bud9ei t• ¢Q4er cos15 shouhj be in a where full cost recovary is not p0b*.
cmzENS ADVICE CAERPHILY 8LAENAU GWEvr REPORT OF THE TRUSTEÉS FOR THÉ YEAR ENOEO 31 MARCH 2023 FINANCIAL REVIEW Principal funding sourtes ThB IAtlsh Govemmertt.. Vn Cymw. Genenlisi & Spe¢oktPthK AdvKenk Cymw. Tdephore ser¥ires Mth•f$ Y¢ury. Benem campag) Bas Income Pibt National Cilr£ens Advice". Advt¢ Lin¢ Thfough Hardshp Consumer See The MaPS OebtAdve Servi Help to Warrner Wak$11 Caerphli ty CBC.. Core servKes arvj 0tho¢h LYs TaUE Money BlaeThau G%nt C8C.. Aneurin Bevan UrM¥ersity Heath Board.. M•nlal Heatth Rhts SeThiEe Act lo Foundation.. Famity LawAthe SeN Gwent Assa¢•1 o1voTrIary OrganBaboTr& communi15 for Funds in deficlt Nts funds in 5wffic#nt defiut ai the $lWdlB. FUTURE PLANS In order 10 lFk our Vwn. Aims and Vhs. have fNe slrttegr go$ whith ill undwpin •¥•rylhin9 do 202S. advlce goal: iftwro¥e the exere pe have thay ¢Ce to lor heb and asyre to everyon? kawng with the and cwfthrKe IW need lo fiTrJ a way Our ¥dvoc0t goal: wll be 8 strwvcu the issues that matter mostlo the pecpta to u$ lor help. Our Susn¥[ty go•1: $eofft fLts as ¥ thmt¥Jh a mty ¢ollaborati%, pro8¢two •N1 mpetitNe aFproach to fiThJraisw¥J. Our eufture 9oal: wil be a thlabJrNe. InTr)Valp aThJ h3hapBrbThY9 that prtynotes equalty, di¥er5ty and in$th •ThJ chalervjes dstriminlv)n. The SlrategK Han 15 5upp)thJ by * OperaDm Pl 8 seFES d AdJn pl tyjt li detail the sleys that Will tske overthe next three years. Flans wKludÈ: SeNKe Oel¢ry Team Plar Researth and CpajAin4 Plan C¢)mMuna"OnS PL I the work th we do in movY¥J tcrtwrjs achi9 our %¥ stratsg goas ill b8 underned ty • hun¢r ol supporfirrfj fvKttsJns.' Govern• Qtsalty assuran Perfoan mana9enwl Comptian¢¢ Each ol the SUFpothg fvrKIions wil b• a5yJned 8 rvJrrthr ol armal wnFrf0e0t rtieth•s, which 11 be mon10 and rewrted to Bo•Jd. P*6
CITIZENS ADVICE CAERPHLLY 8LAENAU GWENT REPORT OF THE TRUSTEES FQR THE YEAR ENtED 31 ft¢H 2023 STRUCTURE. GOVERNANCE AND WANAGEMENT Govemlng documont Citizens Athce CaeFplMty (>t s a regtsterèj tharity and a compary IimrtI by guarantee. Thè maximm liabilty of eath member is Imited to one pJuTrJ. The Dryanat i5 grpdemed ty rts lemandM and Ae5 of AssocialJn as ameNJed in 2011 cfftzens AdvKe C4erphAty BLgenau lnoTrjrn as a ¢(Trp linited by gua on 27 Juty 2CQO. R•¢rultm¢ntand appointmtnt of new Trustees. are also directus ofthe 0PanY. are Iba¥e aTr ¥tsrest h) fLntrring Ihe oflhe charity and are mairèf drawn IrDm the lo¢al •rea. A separe kwo¢ess ayretsl ty th¢ T1 Board 15 foknBJ for Ihe eion ¢f the Chair. Organlsalional Stru¢iui Citizens Adwo cathty Btaeftau has a TAtstee Board of up to 15 mmtr¢rs W met quarterfy and ale responsde for the sli8legK direclp?n aTrJ p)ky of the charty. Al weseN the Boarf has 10 members who bring a range of ski115 oryantsaii¢ti. Ed Evans Mostyn Trdvi¢s Gtyn Jones Gordon Pankhj1 Colin Mann Tudw Da¥ie5 Julia Rose steve SkNer Jackie thx Lili Thompson Phylli5 H15 Karolina Majka Steve Evans Chair Treasurer Ele#ed Eed Ekoed EkLxed Elected Resww 22 Augusl 2022 Cwted 1 Ccentser 2022 Cw>ted 1 Lerthr 2022 The ro ol Ctthpany Secretary is fir ty Ihe Chief Execubve endS eoard meeti$ has no Voting rights. A scheduk of de9atiOn is in rAac¢ and day to day reS'ty for the Oarsat wth the Chief Exe¢ub¥e SLWOrted by a rnanagement team. The ch ExeGulTrve responsrfok forkSWiYJ that the iemis rf contrnds fvrKJirvJ •tyeefffiis are al8d lo •nd that all kty perfom)arte mdicAtors are mel. The membws ol the Senior Managxfit Ten have resp)nsi lof the day to day operationa¢ mana9emeTht olall ser¥K•s ar1 bne mana9ernent o15taff. Overall ponSibl[ty fof the managemeni ¢4 c11tt$ Caerphily Blaenau Gnl $ts ilh the Trlee Board which is responsilAe for 5ellir#J the Strategr Ij.redK the oryanisation and the pc4Kies of the tharty. Board memb2 are charity trustee5 and company director5. The trustees ¢¥rry IIE ulAnale rp5ponsé)ily SJr the cond1 ol Cii¢en$ Adv Caerphaty 8enaU Gwnl aTrJ forertsurir¥J that the chanty Sal$ ts al and toniractual obligations. Twslee5 meet as a mnimum quarterfy and ddegale d•f4wlay operath)n of Ihe rAgan1Satn to sen#)r man*Jement. The TN5tee Board indeperdent managernL A rEgtster af merrthrs. iilere5ts m•nlained al lh¢ rEgi$tered office and is a¥aat40 to the puui Paye 7
CITIZEè4S ADVICE CAEIIPHILLY BLAENAU GWÉNT REPORT OF THE TRUSTEES FOR The YEAR ENDEO 31 MARCH 2023 STRUCTLIRE, GOVERNANCE ANO WINAGEII Stsrnmary of ResponsiEHltlits OF¢rational rtsp¢)NsfftJdty lor Ihe ser¥ic Tith Ihe Clf Exe¢uti bawj In Ihe B3rgowJ off¢¢. FinarKial and HR marTragement is pmJed ty the Resaurtes Mwer aThl Senior Frnn Offw. who are ako based in Bafg¢Jed. Oay.tLNday lire managvnert swe ts the re5pon5W of tt Oper•iims Martag¥. Tr Head of Dvjiia Opefatiafis has responsblty contact centre services. There are ts¥o man offKes operaliNJ in B¥rgoed and Risca aThY a MLthanne1 cwla¢i ¢enfrt fft C•erphilty. Citrlens Adv Cath1 8kenau Gwent offers a Ahye ol deh¥ery melhthJ$ it1JIng, open door ' Jr main effices and at oulr•ath Ven$. 3PPDinknents, IthFkne. tter. erna4 and w%bchal advice. We offer wsits for speuk proie¢A5 and ckent gtoups. There are approximatety 10 YOnteerS. exdudirvJ truslaes. Funtling forthe $ee wmes predonwnanty Cwphify and 8enaU Gwenl local authorit$. The Chref Executive¥ sary i5 rev%4Td p1¢aThY and s set by the Finance and Personnel Committee of the Tw5tee Bo•rd. SalarEs of other seNor managets are p¢rwdK ar•J ap set ty tha Finft 8nd Personnel Cc4nmrttee oltheTNsle• Board in CoUlat th8 Execut1. s•lars in parti18r. Inductlon aftd tralnlrwJ of in y appclnled tru51ees arE pfovKled wth a wmprehefi5Ne lo con5 Advth CaÈrphiLy 8Lign¥u Gwent Ihfwgh the provts1 of7Mitten inducknon materi. traning coutses and mentoring ty eslabIhed trustees. Related port10s Citttens Caerphilty Bla8nau GErrt is a mertei of Citvzens hKh proykjes a fraork for standard5 of •d¥Ke 8nd ca5eWOrt managernert a5 YA41 as monrttyM¥J pro955 JaSt these staTrJ¥rds. Operating poli¢ies are independerW detIned by Trustee 8oard of Crtriens Adv cae1 81aew order to ljffil rts tharlabk objects and cornpty with nalb)nal Member5P wullnts. Page 8
CITIZENS ADVICE CAERPHILLY BLAENAU GWENT REPORT OF ThE TRUSTEES FOR THE YEAR ENOEO 31 MARCH 2023 REFERENCE ANDADMINISTRATWÈ DETALS Regtstered Compatry numbor 040412 IW 5pecffdlCther) Registered Charity number 1084045 Reglstered office 1-2 Church Plac• BARGOED Cawphi CF81 8RP Trnst The b11)Yry Feople were d¥tdorthLslees oflhe Ch the)ar Date of snatIon DirnctorslTrust•e5 ostyn Dav Gordon PankNJryt Glyn Jones Tud¢rOavies Steven SkNens Colin Mann Julia Rose JathN? Dix Lili Thompsd Edwa Evans Phyllis How15 Karokna Ma Sle¥e Evan5 Status dlrector OY09f2LK11 Chair Ve Cha Tr•a$urer 27110r2011 1W12QW1 1211012CIJ3 2W07t2012 2S10712013 061JZQ018 171Q9r2020 181D3f2021 01112r2022 01112r2022 01112r2022 Ekcied Elected Elected 2W09r2023 Elected Elected 22AIP12022 Eed Chlef Ex•cu¥•. SThin Elr Senlor ManagernentT&•Tr: Janewaters (Resour Mana Mdain Managw) Ceri Moryan ((eratso Mana9erl Company SeGre¢ary: S¥non Elir Audlto MHA Staltstory Audrt Eifed House Oak Tree Crt CardrffGale BuwE55 Park CWIOIFF CF23 8RS 8ank* UnityTrusi Bank PLC Nine Brindleypla BIRMINGHAM B12HB Barckys PLC 14 C¢)merwl sireet Nf20 1HE Pa98 9
aTIZENS ADVICE CAERPHLLY BLAENAU GWENT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 STATEMENT OF TRUSTEES. RESPONSIBILITIES The truslees arÈ also Ihe dirEetors of Crt¢ens A¢fvic• Caerphity enaU Gnt Iwthe purpose$ 4)f CnpanY l) are responsiblè for prepority the Report ol Ihe TnLStee5 and the final81 Stalements in COrdanCe with applicabl8 and United Kingdorn Accountry Slarthrd5 IUThied Generaty Axepted Practicel. Crxnpany iw rewirts the tNstees to ppare finanaal slatements fu each finan(4al ar gNe a trne and fail v of the $late of aflw'r5 of the charitae ¥nLI ollhe incomws re50ure5 and •pp14tity) of resou5. including thB IncLne and expeNJiture. of the ¢hatst4è company for Ihat pe. In PpaA9 tfthe finanL?al siements. the iruslees 8 rewwed to sect Suitab acctyjnlry polKs aThJ tfn them lr,. c&serve the metws and pritps in the Chaniy SORP., make judgements and estimates that awe rea50nabk arhy pDAent'. epare the finanual statwn¢nts M the corKem IM$¢ unkss it is InaFvrtprote to $um1 thai the ¢h4rd conwany 11 corthue in trne$s. The Irustees are pOnsIble fvr keepw prcpi accourknng rKoTds dtsdosewth reasonabk awur4w at any lift Ihe financial p05rtn of the Chantab company and lo enable them to ensure that the fffiarKkal slatements compty Ihe Companies Act 2C4)6. They are abo safeguaftlfftg the ¥sseis ofthe charl ¢tynyny and hc fty laking rea$mab steps fe¢the preven1rt 8j delect of Iraud and other ryukrits. In $0 kr 0$ ts Inlstees •t amare: Ihere ts no rekwont audl irrformatkin Ihe charitablE compèTrls authlors are unawar¢." and the tDJStee5 ha% taken all steps that W ¢)Ught to have laken lo make Iheffl8ehe& of any rete¥ant audrt fr>rmatiw and lo establish Ihal the awtry5 are ofthat infornation. AUDITORS On 30 June 2023 as a resul of a recentmerger, Watts Gre9 LLP reswjned as auditors in accNd•n¢ewffjh Section 516 ofthe Compan$ Act 2C#)6 re-eThJaged ts ser¥u5 8$ MPLA. The atyjitors, MHA. knll be prwed forwipoirthert at Anrwal Gera1 Approved ty ordw ofthe Btsartl rfTNstees OA 9 ember 2023 nd sbJrJ on rts behaff ty.. Elirwn~Company secretary Pag• 10
REPORT OF TrIE WDEPENDETr AUDrroRS TO THE lllEMBERS OF CITIZENS ADVICE CAERPHILLY 8LAeNAU GWENT Qplnion We have awlrfed the finano•1 si•itynèits of Crfrwis c¥erph BlaÈnau tknn¢ lthe'¢hiiatik lort year ended 31 Marth 2023 whth CLThPW the Statement of Finatitial AdM¢E5. Ihe Balanre Sheet, the Cash Fbw Stslement ar¥J neles the anCIal Stslnenls. inLJding a summary of swjnfftant aco)untirKJ poli. The finanoal reportiThJ framewort that ha5 teen li tha"r weparation appk8 Lw and Unrted lfjThJdrxn ACcnti Slandards (Unit&d Kirydom G¢nerally Ac¢epted Acmjnbng Pra¢Dcl. In our opinion the statemerts.. swe a true and tsir of th? slate of IhE ¢hari&bb2 tomparfs allairs a5 31 31 Marth 2023 orvj of ts kno>ning ourtes and aPalKIn oliesources. ithjdry ts it)¢cme afvj eyThYilure. lor theyear IheTh ended.. have been Pfopety prepaied in accordarts th United Kiwrn Gra1 Accpl8d Accwrlir#J PraclK8,' and have been pared in ar£ordar Ymth the requ1rpnts rfth¢ C(xYyans Ad 20. Baslsfor opinion We condurAed our art in accorfanct lntemalb)n Slard5 on Audiityj (UK) IISAS IUK)) and ar11¢?e law. Our responskni under thc6e slandards a fvrther descrtsd in ihe A0[5. responstJi&ts for the audit of the finanrjal stalemenls sectKffj of our rwt. a depeleTht of Ihe dwrlable MpaTry in accordan with the elhKal requffEmenls Ihat are rdevanl tts oui audit ol Ihe fiThonryal $emeNts in the UK. the FRCS Elhical Standard. and we have luffi1 our other eth reswsit4its li a¢Ldar ith IhBse reqrernents. beknie thai the aJ ¢¥idence we ha ebtsir1 i5 sufficenl and apFwriate to prwKle a basks fof rOWn%)n. CorKlus10ry6 relatln9 to 9olThJ concvn In auditing I fnarial St•ltynts. TAt have concwa IhtretrLtslees' Ltse oflhe going ¢•n¢wn b¥$$ olx¢ountsNJ Ihe preparation Of financial statements i% awopriale. Èased the we ha% have JentiW wy material la1¥¥j to events or cMditKJn$ Ihal, indivhdualty or cc&clNety. may casl snthant ors Ihe Chardabk Djmpaftls abty lo continue as a 9Thr•J ¢oncem for a per•)d ofai kast Melve monllls frryn n thè fanCIal starents * ¥uthor¢ed frtrissue. Our iesponsibili15 and th rnsponstskn rf Ih? tru5tee5 rE5F¢cI lo ga4vJ conrAm ar• dexnb•d in IhB relvant %ectKJns ollhi5 reporL Other inforniation The trustees are resp0nStts lh• crther infonna1. The ollr information ¢¥mPliSes the inf0rnat inchJd8d in the Annual Repori olher Ihan Ihe fin#noal Sts¢ert5 arKf ¢)ut Reptyi oftr IndeFendert AyOr5 thereon. Our opinH)n on Ihe finanual s£ents 5 not a>¥ertI Otr inlryrniM and, exwtOt e1ent otherwse explrtty Slated in OUT reptsrt. we do notexpress any lorni OfassUrn effid)n Ihereon. In connecbon V•ilh our 8j11 Ihe finanaal 5tsternents. (wJr 5pSi.1fy k lo reJ olher InfOall0 aTrJ. in doing so, t•n$hler whether the other in1Nm#i s mateiialty incor¢sfytent with the finanual slalements u our knovAedge obtained in Ihe audit or olhenw ¥parS lo be malerialty mvsstaled. If Yentfy such Material inconsle$ or appartnl material mtssiatements. * are rtquir1 to deternwne whetlr ihis rise 10 a material misstaiemet)I m Iho financial staiemenls lhems8e$. 11. based ofi Ihe woth * have Ferfomed. we eondude that there i8 8 material misstatement d this other inlornalion. are wuired lo reF4Yt Ihat fact. he lo report in this regard. Oplnlons on othermatters wescrfbed by theCnPan6esA¢t 2006 In our opinion, based on Ihe undertaken in the cwr5e of Ihe 3udrt". the informatbjn given wi the Rewrt of the Trustees lor the finan yw fvr the statements a prepared i8 LYJrtsr&tsnt the financial statements. and the Report of Tw5tees ha5 been prepared in a¢cry4trilh apptitabk 9al reqLwrerreni$. Mattws on ¥thl¢h ar• rgqulr811 to report by •xc8pUon In the fjght ol Ihe and undetstanding ¢Athe tharitth ¢tynporty aThl ts en¥¥roDrnent ithined in Ihe cc4Jr5e of the audil. * have not enti material mostatements in the Rewrt olthe Trlee$. ha¥8 nc4hing to rnport li rEspeei olthe maiw5where ihe C(ryarvd Ad2rf6 reqre% Us lo rewt to y . in ouropinion-. adequate 8ccountiNJ records have rwjt been keFI or retw1 J8Wate lor our have not be receNtiJ from bfanches not vtsited by us,. or the finaryial slaiernents are li •)ren1hthe rEryxd5 aTrJ relurr: certain thsd¢sures oftrystees, MreratiOn by law are h¢¢ madt." or * have ntl receNed atl the 4rfomalKJn •nd exnat)s wuire lor or the Irustees were not enlrfded lo take •Jvantsg¢ ofthe smal cÉryan wuirgmont lo Prepa 4 Strategic Report or in wepariry the Report of Ihe Tnjstees. Pa9e11
REPORT OF THE INDEpENDEp AULXTORS TO THE IAEM8ERS OF CITIZENS ADWCE CAERPHILLY eLAENAU GWENT RespOrul0$ oftfttste•s As explained rn¢)re in tr¢ siatement of Tiusis' ftesFonshbAities. tt a180 diredorn the ¢haritable t£thpany Ivth¢ puwes of ccrfnpany L) are spOnsI01e lorthe prepa¢alh)n ofthe financ4al statements and for being Sats5 Ihat Ihey gNe a trL% and la¥ aTra for such internal ¢¢tr as the trustees determina is necessary to enabk Ihe preparatkin offfian¢ial staM that are I m¢rbal mis5131mt. 7heiherdue to orerr¢f. In preparirvj the finarKral statement5. the trustees are resp511 for assessiTrJ the charitabkn cDmpanls abilty to linue a5 a concwn. di5do5wty. a$ rnallw5 tD 9owvJ and usiNJ the going coreM basts of accountiNJ Urt$$ the Iruslees eihef tr)ier#J to I•JaI0 Ihe eoftyny or to cease ¢JFerthis. ar have rK r•altr alterna"1 but to ¢Jo 50. Our responslbifjtyS forlh¢ •dthe fin•b¢lal slaiemerts Our ObjeyeS are to obtsin reasona a5swarKe abwt wtslhEr thE fiTh81 staterrwts a5 o are free Ircffl material mis$1¢m¢nt. due to fraj oreftor. to tssue a Report ofthe IePermIent AlIOrS th•¢ in¢ludes our opin). Reasonabte assurance a hyh level 01 assufance. t¥Jt is not a gUarfee that an audit condited rn ordan¢e with ISA5 (UK) aPways (ktect a rneri MisstatnI leSts. kli5slalerrenlS can arise from fraud er error and are con5•Jered Materi rf, or in the aggregale. r•Ldd re•sonaty expected to influenGe Ihe econcffjic dectsv)ns ol usets taken M Ihe ba&s ofthese finar1?1 statements. Our 04'ectNes art to cètèii leas81e assurarte abtyjt ¥Ar the frla1 statanents as a ¥thobÈ are Iree from material mi55talernent. fi•thef due to fr•Jd or error. arrtl to i55ue an ALKlitoV5 Rewt that inckJde5 our opinicffj. Reasonab assurant is a hb3h bÈvd ol as5urahce but ss a guaRrtee that an audit conduc4ed in acryirdarte with ISAS IUKI wll always detecl a material mi5stsiemenl when rt exists. Mi%stslements can artse fraud or error and ale con5Klered material rf. indivkJalty or in the a93regate, thof coubj aSonaty be expected to the econTrTric dec)n5 of users iaken on Ihe basts oltrse staternerd5. Irregulaiities. ndudiny fraud. are instsrtes of nDTht0mnct with lawts arKI regulabtsns. We desKJn pr(Kedures in linè with our r85ponsbilrties, oulb.ned above. lo detecl material m5ts1rAnents in resFed of wre9u1aii1. including fraud. Th? spetifi¢ pr¢cedures for lh •ld wl¢nl ity these •E up3blE of w15. Indj1 fraud is delaikd bdtrw.. We evaluated martagennt's ientiVeS aNI opportunAies lor frauthjknt maniwLthn of Ihe finartiil Siftnts lincAJdry th¥ iisk of override of contrdsl aTrJ drmd th Ihe wpaI rth5 were related to P051iTrJ iThaccurate joumals We addressed Ilse kS Lry carryty out $pecthcaty tarpted prwthffes. whth Ivad." EN4uiries of management. those charged with gtsv¢mance around adu¥l #nd poftti01 Irtrt and dawn$'. Perforning audrt o¥erthe of management rrJe ofcortro&. dng lestry ofjoumal entries 4Xheradju51ment5 forappropriaterss and evaluatir¥J tl lyrriness ralion of synth¢ahttrartSathS out5ry1e the nornal (yJurse olbusiness., Re¥iewng minutes of meetings of ISe ¥Ath go%wnarKe'. Ev31uatin9 the reasons for any or unuwtran5a¢btyl$". Revwng finantsal statement disd05ures lestirg to SLPWtry dtttffler1at to assess comp1k1th •ppli¢abte and re9"0n5.tQ urbdetyin9 SWPOrtng do)Jrral. Becwse ol the Inherenl lThrta1w) of an there 15 a risk Uwt WAI Mt de al ¥reguLaribe5, %bJding those ading to a material mis5tatemenl in the finanual ststements or nonthe4Jmpliance ilh regulatM)n. Th2 rk increase5 1 more Ihal compliort¢ V4th 8 l or regdab¢fi s rem¢>4ed from evert$ oThJ trarsadw)ns reftected in th¢ finan¢ial $tatemen15 as w1 te k551&Sf to becryne aware of Instan of nOn<0mn. The is a150 greater regardirrfJ irre4ares 4ccurrin9 ¢Jue itsfraud roitrÉrthan error. as fra1 ins UeThtx)Th G1MÉnt. forgery. cdlu5ion. cffiission wmjsrepwertalts. A fvrther Jexww ol our resporilMlitS for Ihe aLKIit of tt firtarwl staleThents 15 loGed on Ihe Fthanaal Reporting Counafs websle at knw.frc.Org.J¢)rSresF¢JnS1.kn5. d•scrylk)n forms part of our Report of Ihe Indepa)denl AailOrS. Page 12
REPORT OF THE INDEPENDENT AUDThORS TO THE AIEMBERS OF CITIZENS ADVICE CAERPHLLY BLAENAU GWENT Use of otsr rw)ort This report 15 made sow to the tharl4>l¢ membBf5. 85 a bts. in x¢ordorth Chapter 3 of Part 16 of Ihe CornpanE5 Ad 20(6. Ow audit wtyk has teen urthrtaken $0 Ihai mqhl Wte to thariiabk ¢ompanVs membets those matter5 we e required to state lo Ihem * an aStOr$. repjrt and for other pu¢se. To the ful$t extent perrnrtted by law. we do not a¢pt or 3wme ponSo111 lo anyrne other than the chantle company and Ihe tharItab compaThy $ rrrnbe as a br•Jy. forour audrt woth. for this rtport orforthe wnKJns we have form1. Morbmer (senr$18tthryAUthlor) fof and on bh•Nof MHA Slatulory AJ*Or CARDIFF CF23 8RS ..0911112023..-............................ MHA 1% Ihe trading n•ne cl Machrtyre LLP. a pathrshw Eryland and Watas Ir¥stered number OC3123131 Pa3e 13
CITIZENS ADVICE CAERPHLLY BLAFNAU GIVENr STATEMENT OF FINANCIAL ACTfllTIES IINCORPORAnNG AN INCOME AND EXPENDinNIE ACCOUNT) FOR ThE YEAR ENDED 31 MARCH 2023 2023 Total fvnds 2022 Total fvr fiJTrJs INCOME AND ENOOWMENTS FROM DonalKn5 and logaoe5 185.329 185.Y29 166.744 Chaiitable activities Gener15t advice Spe¢i¥list advi¢ 557.754 4.612.514 328.575 5.170.268 328.575 4.643.439 355.607 Imvesbnemt 324 Totsl 5166114 EXPENDITUR£ ON Charitsble adivitre5 Generalksl lTr&ice Specialist 179.319 4.734.431 4.913.750 312.403 4.477.C64 T•tsl 491 722 Net gains on inyesknents Actuarial gain5 ¢n pension 8,342 7,941 295¢ NET INCOME Ttsn$feYs thnds 936.703 2C6.658 1,143.361 647.750 Netrnov8ment tn 954,397 188,964 1.143,361 647,750 RECONCILIATION OF FUNDS Totsi fvnds forww¢ 2.431.135 223.701 2.654.836 2.007.086 TOTAL FUNDS CARRJED FORVIAr 3.385.532 412.665 3.798.197 2.654.836 Tl n¢s foTh wl oflhese fmarhjal statemerts Paw 14
CITIZENS ADVICÉ CAERPHILLY BLAÈNAU GWENT BALANCE SHEET 31 MARCH 2023 2022 Tolal fvods nd5 fvnds FIXEDASSÉTS Tangljle assets Inveslment5 14 15 422,293 422.293 382.666 111220 691,855 891.85S 493,886 CURREFAsSErs Debtc Cash al bank 16 379.196 1462 355 93,804 318.861 4173.OiKI 1 781216 111,371 2 077 724 1,841,$51 412.665 2.254.216 2.189,095 CREDITORS Amounts fa9 due ilhin one yeor 17 1385.8741 1385.8741 1292,1451 NETCURReiiT ASSETS 1.868 342 TOTAL ASSETS LESS CURRENT UABIUTIES 2.347.532 412.665 2.760.197 2.390.836 PENSION ASSET 21 1.038.(ts) 1,038.0 264.oc NET ASSETS 3.385.532 412 665 3 798.197 FUNDS Unrestricted fvnd5 Re51rided fund5 3.385,532 2.431.135 TOTAL FUNDS 3.798 197 sthjecl to the 5m8N c¥nIeS ffjime. The finanraal slatemeots re by the eowd ol TnJ5te•5 w¥1 authrnd for issue 9 No¥eTthr 2023 and Yiere 5vJned on its b¢haWby". ie5- Try51ee The nrtes ftym port ofihese final Page 15
CIT12ENS ADVICE CAERPHILLY BLAEFIAU GWEiir CASH FLOW STAfEMETrir FOR THE YEAR ENDED 31 RCH 2023 2023 2022 Cash flovts from opernting Cash generaled trom apertbo 152.2 746.833 i ¢ash by ow'rg adi 746 833 Cash flty•¥S from Investing ¥Ktivilies Purdwoftafigib fixed assets Pwchase d fwed asset iweslments Inlerest received 198.764} t350.ftsJl 48.811 324 Nel cash used act Cash n¢)w5 from financln9 actl¥lt L•an repayments in year Y.5 Net cash proMdedbyu$8d financ¥ Chang¢ In t•sh and cash oqulvalvts In the teportlng pertod Cash and cash equivalents 8tthe beginning olthe rèportlng pgrlod .508) 643.7 1433 968 Cash and ush rqufvalents atthe gnd ol th¢ reportlng perlod 2 Q77 724 Page 16
CITIZENS ADVICE CAERPHILLY BLAEMAU GWENT NOTES TO THE CASH FLOW STATEIIENT FOR THE YEAR ENDEO 31 AiARCH 2023 RECONCIUATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTMllES 2023 2022 Incorne loryw r¢porfir¥J peMd las perlh StalemertolFinanclal Actl¥itfjosl Adjustrnénts for Depreoatron charyes Gairs on inve51ments Inte$t re¢eNed Mortgage Interest paMI Increa(e¢re#sel p¥OV Iln4Yeas¢yderyease in (*bto IDeuease)fincrease in creditors 1,143.361 647,750 59.137 18,3421 56,752 17,9411 13241 1.965 (373.OCiI 332.241 (T14.¢Xrf)I 1361.6291 Metush provldvd ty oporalityts ANALYSIS OF CFLANGES IN NEf FUNDS At 114Q2 Cash flr At 31rJr23 N•¢ cash Cash at bank 2 077 724 16 2.077.724 1.781216 2.on.724 1 781216 Pag• 17
CITIZENS ADVICE CAERPHLLY BLAEP4AU GWENT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2023 STATUTORY 4FORMAnoN Crt$ caerph.lty 8taenau Gwenl rs a regtstered chanty and private (£vnpany limited ty guarante ha¥Ang share capital. Vmbers have agreed to contnbjle £1 in Ihe event of a wwdiry w. Tho ¢ow $ irwrporated in Wales United and ts off B 14 C[ch Plxe. Bargced, C8erpl¥lty. CF81 W. The nalure•ftt ccthparryts •rba prrwal adMis 15 dClosed within Ihe Rewl ofthe Tw$tees. The finaTrTral statements ¥¢ wesMted li Steiliffj Wl. Ihe compryS fvwKIK)ro1 ¢utterw. 4nd rtyJTrJed lo the nearest wTrJ. The pdKie5 appw in the of fmarKial s¢miis •m set out Lfow. These P"L)eS have teen co0¢Y W to al years pregerled unless th•Se stated. ACCOU1G POUCES Basis of weparing the ffirwn¢ial statements The finanoal statements of the tharItab cthnpany, 15 a berÈfft under FRS 102, have téen prepared in accordance with Ihe Char8S SORP IFRS 1021'AccrAJnbng and Reporting ty Charit. Slalement of Recommentsj Prnre opplKab to Charit prepavry theif accowts in accNdance wlh the Financial Reportmg Standard 8tWKable in Ihe Ll( and RepublK d Ireland IFRS 1021 leffectwe 1 January 20191., FinarK4al Reportirs Slandard 102 The Finanrial Reportng Stsndard apptitable in Ihe UK and RepublK of Ireland. and the CompaNes ALI 2006. The ffinarwl Stat¢1$ have been Fvepared thJ¢rthe hstori¢al ¢osi ¢onvenlh)n. wth exCn of Vestments whKh are ded at marketvahx. a5 mothfEd ty the revaknation ofc£rtain assets. Gotng Concern J mal¥ial UrertnIES ex relafmg wtrts or coTrJthrb5 that m•y cast 5gnfftarf doubt upon entitys •bilty to ¢ortts) as a corb¢¢m. ITr¢ l inccK) is reccJnBed the Statement ol orKe Ihe ehanty has wttdknent to fvnds. it. prcèable that Ih i• te rece1 the arn9t ¢•n measured rdiaNy. c1 Oonatths afvj 9aS wKorne incths datits. 95 and 9rarts ihat wovbje core ld1j or are of a general nature arE recognwl ¥therp lhe 15 entthnEnt. wobabikty of Ipt and IE amDunl ran be with sulknI reliablty. SIKh 1rt4me deferred when the domr speth5 it must be used in fijlure attounting periods orthe has imposed conditsnswhth musl be met tefore the chanty has uncoThJits"onal enlidemeni. Ifft¢tyne Irom ¢tsrtat4e aclv4ils irmyudes ith¢ome uJèrcontrad Orth entthment to grantlundiTVJ i5 subject lo specthc wrforynance condlKffis. Thts incrme is recogned where thore B entillernent. when th& recevJ¢ is pr¢bab and the w)unt can moaswed reSy. Inwne delerTed the amounts rp¢eive4 ¥re ih •thanc¢ dthe Perf0mar ofthe S¢fYowe¥¢nt towhK Ily r¢. Other IradiThJ actrlilies rBcc¥rMged a5 rdated seryK•s we Prwjed and Iherd 15 •nliUornen( wobablty ol re¢yt and the amunt (an be m¢#$ud Ah sUlfr reli. Incu is deferd Ihe amoLfftts receNed are in athance ofthe of the ser¥Ke to it rde$. Expenditure atslit$ ar as ewrxlrfu •5 SOM •S IhÈre is a Wnstr¥t obhgh)n ¢4>nMnltiN4 1 ¢harty to that expertditure. it s pr¢babte 1191 a transfer of w)nomic tneffts will te fou1 in S¢Ille oTrJ Ihe amount of the ct4gJn can be measwed relrabty. £wenditU accourted fv)r on an accruals bass and has been das5rfed uThr headir¥Js that aggregate al c05t reLed lo Ihe category. lthere costs cannol te direth allUled W Partwfar headir45 ho% alWxiwJ to aaivitEs on a ba515 ¢thIen1 with Ihe u¥e Of resour¢es. Page 18
CITIZENS ADVICE CAERPHLLY 8LAENAU GWE14T
NOTES TO THE FINANCIAL STATEMENTS- contlnwd
FOR THE YEAR ENDED 31 MARCH 2023
AccouNfiNG POLICES- conrO
Ewndi¢¥
Expenditure on chathth adNths Ih)5e costs invjired ty Ihe drty in the 01 adNth"es
and serws for ils be(lar¢s. 11 de5 t CITIZEIIS ADVKE CAERPHILLY ENAV GWENT
NOTES TO THE FINANCIAL STATEIENTS- ci)ntinued
FOR THE YEAR ENDED 31 lJiARCH 2023
ACCOUIITING POUCES. ¢oniinutd
Opefating 18as8 agreements
untestsied lunds art d¢t)n5 reswrces rec4r¥abkn or generaw lor the rtJJe¢ts of the
arty knithout futherspeofd purpw and are a¥arffe as general funtts.
D•slgn•t¢d lynds
Designaled fur¥Js are leS1rilled fwds eamiarked by tha frxptioJL¥ wrFth).
Rostrfctqd funds
Resirtclèj hJnd5 are to be used tsr spe¢thc wrF4)ses as latyl dowo ty the O)t)or. Eynditure, meets these
criteria. is tharyed to ¢he fwmj. togelherwith a fairKats ol$LW and grnan cL15ts.
Firtanebal InstNments
The chaty onty has finanual assets and financial of a knnd thal quahfy a5 basK financial instrurnents.
8a5ic ffinanoal trUmts ar¢ recognwd 31 Iransacbon Yahx aTrJ $seendY ¥sUrEd 01 their
setmement ¥ae.
Debt0 with no stated interest r•1 and r¢¢Nabk wdhin year are re¢•rtsJ at transadw)n pri. M los$¥5
afBing from Inpaient a¥e recognised exFeTrJiture. Prwimerts are Val 81 th8 amwnt prepaid net of any
trade dwow15 due.
credito and provisions are TE¢ogni58d wthere the charty has a present obfyation rEsuKing from a past event
Ihat will prcthbty resutt In the transfer of funds to a thi paty and the amourrt due to settle the 0Jail0n caTh be
ffleasud orestNnated wuatty. Ctsjitorn and wovsw)ns rJThaty al theSettlenI amount aft¢r
allwn9 for any trade dBoiun15
Sfgnlfi¢ant accountin9 Judgements and estifflat•s
Estimates aThJ iudgemenis are cMbnu¥lly evaluated and we based on exFerience and olher thvanl
faclors, inchjding exFeclakns oflLrture events that are b"eVed to be reasonab under ihe urcumstances.
The preparatvjn el the finanual $tstemenrs wuires managwnent to make estimates and assumptions
corKemiry the firture. The Kirj 8CCtsJntirvJ e5tins ill. ty definitts)n, be h.kety lo differ from the related
aGtual resuhs. No esbmales a55umpbons have been idenithed ltsl have svJnrfKant iisk ol causiNJ maierkal
adjustment to the carryry amounts of osseis and within the next financial yeaf.
DONATIONS AND LÈGACIES
2Q3
2022
Crants
Sundry donalion5
183.381
1.948
166,714
30
Grants rec•pi•d, ncbJded ID the atVe. are a5
2D23
Cxrphlty Courty Bwh Counca_ corE fvnding
Biaenau <>RntCwnty 8orW Cowl. oxe fvndry
136.714
46 667
136,714
166 714 CITIZENS ADvfcE CAERPHILY eL4ENAV GWEP
NOTES TO THE FINANCIAL STATEMEMTS- contsnuld
FOR THE YEAR ENDEO 31 MARCH 2023
4VESTMENT INCOAIE
2023
2022
Bank interest reco
324
INCOME FROM CIIAIUTA8LE ACTivmES
2023
2022
ALII
Granls and contract fvTrJiThJ Genera51adv
Gtanis fvThling Speualtst advi
5,17026&
328.575
4.643.439
355,607
FUrtraS ofgrants 3ry1 conlrxtfvtsJiNJ".
Umrtstitled Reslrthd Ttyal Futsjs
Fund5
Fun
2023
TrAal Funds
2022
Access lo Jusiic FlatiOn. UPSS
Access to Jv5tic• FOdation- HALS
Aneurin Bevan
CitrLen5 Adl¢¢- Buikjirvj More Cwty In
Ernployment
Cittiens Adwce. Errty Advth PrCgr
Citizen5 AdCe- kueasir#J Capaoty
Citizens Adwce- Phone Strategy Impkmefiithtin
Citwn5 AdwGe- Penspjn
Cityz¢n$ Ad¢¢-InesS Ser¥•
Citizerts Advice- Consumer ServKe
Citizen5 AdCe-co5UMer Ser¥Ke (Enewl
Citizens Ad¥ice-Cw5uEr Ser¥e (Scams
AWareSSI
QlrLens Advic- Thrwyh Hardsh
Ivzens Advice- Heb to Cin.. Fvll servKe
delivery
caeh County Cowol-C•nfKlertth Cash
(Let5 Tah Moneyl
Cost ol LNmg- Sub Gr¥
G1 Assoct%Jn Vdurdary tgar¥satI?.
Communi1 forwork
MASDAP. MaPS- centre
MASOAP- MaPS- bchaI
MASOAP. MaPS- H
MASOAP- MaPS- Debt NAIV Hub
Moond8rtt Foundal•)n
Caerph County Councl- fbt Rthtotrfer
IntemRdhqry servKe
Test & Leam
Welsh CountJl f¢rvc4Lwrt A¢iiM- 1rdrt
Welsh Go¥ernment-Pthv Link CYMN (Claun
avs yr5
Welsh Govemment_knt¢ CYMN (Rerno
fund)
Welsh Go¥ern1r. CymTrJ
(Gerernlot fvrnll
Welsh Goyernrnent- Advti L Cymru Itkbt
nd)
32,650
26.7LYJ
26.7ts)
69.715
69.715
71.448
22.879
68,339
41.594
760.000
76.988
285.128
1,055.266
50.¢JC
35.356
379.098
35.3
379.098
331.695
1,079.89S
56.243
331.695
1,079.896
56.243
15.547
475.123
15,547
475.123
29.980
1M.383
132.181
132.181
159,403
2(.953
Is.oDJ
206.953
15.OD)
184,9X
44.OCQ
461.952
175.417
195.086
266,086
47,49)
21.848
768,934
461.952
175.417
195.¢)86
47.4
18,867
32.654
23.649
13.315
13.315
386.4¥2
366,492
227.250
438.847
438.847
432.5C
338.252
338,252
335.143
176,704
176.704
176,1)08
fund)
36.011
65.724
36.011
65.724
34.624
Cxher
561
557 754 4 941.089
5 498.843
Page 21 cmzEN5 ADVKÉ CAERPTrLLY 8LAE14AU GWEIIT
NOTES TO THE FINANCIAL STATEIIENTS- corrtlnwd
FOR THE YEAR ENDED 31 IAARCH 20Z3
CHAAITA8LE ACTWMES COSTS
sts {sae
note n
Costs (see
note 81
Totats
Gen¥ali%t •dvit•
Swaalssl èY¥i
4.5C#J,836
284.679
412.914
27.724
4.913,750
312.403
4 785 515
RECTCOSTS OF CHAfJTA8LE ACTIVITES
2023
X122
Stsff ¢4gts
Rent, rntes & ser¥ ¢th•rye
Lvjht & heal
In$utan¢¢
Repairs & maintenafi¢e lirduding Can1j1
siaff & volunteertral ewervxs
PrintiNJ & Staknrtery
Telephorts 8 postage
Refeon¢e materials 8 5Utwpbons
Otherstsff rdated eosls
Fuel ¥outher M¥ts
Deweciattrjn
4.371.607
57.512
15,554
15.491
36.738
5.862
13,438
141.520
6.167
25.724
50,0tr)
4.116.386
50.966
7,561
13,882
45,523
305
10.108
75,457
6.342
45,79J
46 232
4 785 515
4418552
SUPPORT COSTS
Go¥em#nce
costs
Tolals
Generalist advice
Speciah51 advi¢e
276.181
13.235
116.776
3.276
6.722
412.914
27.724
The albcates ¢5 5VPtyt as $htrn in and then furtheTaPWtiOn5 cost5 betn t
Caritab a¢IN"e$ uThJert&ken. SupFoXL are alwed en a bass Co1tent wth use of resowces
basal on Ihe nwnberof emphyfft houB in eath area.
Pay*22
continued... aTIZENS A(MCE CAERPHILLY BLAENAU GWENT
NOTES TO THE FINANCIAL STATEIIENTS-continu•d
FOR THE YV4R ENDED 31 W4RCH 2023
NET INCOMEIIEXPENOMJRE)
Nel incomel(eypeIreI 51ated after charywW(crrAit¥iJl."
2023
2022
Auditors. UnEtsbtirt
4.0
59.137
650
$6.7S2
A101$. rernyrrafrOn. Xlerf4haThi ser¥K¢s
10.
TRUSTEES. REMVNEIiITION AND BENEFTTS
There no bitses' reNn?tIM or thr beneffts the yew ended 31 March 2023 ¢x for Ihe year eThJed
31 Mafch 2022.
Trustees. oxpenses
rJriny Ihe year rKs exFnSes pahy to t[Stee5. 12021. £WJ
11.
STAFF COSTS
2023
2022
Wages and sakr5
Stic4al security cos15
CAher Fen5kJn costs
4.108210
346,419
216.825
3.871.333
296.514
4 389 735
2023
2022
Number of admin&trati¥e staff
Number ofmanagement siaff
Number OfsUpeOfs & learn l•adu5
Number olraseworker5 1 •Jvise
Numter oltrainty & er
NUmr ofotherslaff
13
15
204
Th• ntynLer ofernpbw$ $¢ P1ye benffts 1exeknlij emp1¢1 ¢4Stsl exoeded £60.OW was..
2023
2022
£60.1)01- £70.coo
The number offillt4ne equvnl•nF4y•WS thjriry thEyew•¥ 165 I2022- 1581.
The key managem• persoM81 reMuMTr)n benefjtsdur¥J Ihe rWa$ £209.37612022.£298.4461.
The arnot ol redurthw costs pobj the year Wkd £4.7V (2022- £NiD
Page 23
¢an&nued... crrizENS ADVICE CAEIIPHILLY BLAENAU GIYEHr
NOTES TO THE FINAIKIAL STATEMÉNTS. ¢ontlnwd
FOR THE YEAR ENOED 31 RCH 2023
COMPARATIVES FOR THE sTATE1A OF FINANCi4L ACTr4mES
Total
fimds
hjnd
INCOMEAND ENLthVAIENTS FRO
166.744
166,744
ChariLible XllvlO•s
Generahst admce
Spetsalis¢ •lvKe
275.826
4,367.613
355.e4)7
4,643,439
355,607
Irweslment 1me
324
324
Totsl
5168114
Charltable ¢UvW•s
Generalist ad%lce
Spetsalist ad¥Ke
283.829
21.823
4.193.235
322.418
4,477,064
344.241
Total
305.652
4.515 653
Nei gains M veStme1
3W2.941
302.941
NET INCOME
Transfers bÈten lunds
440.183
207.567
108 125
647,750
Net movement In fyrtds
647.750
RECONCIL14Tr)N OF FUNDS
TrAal funds breughl foTh¥ard
1.882,827
124.259
2.(#J7.086
TOTAL FUNDS CARRIED FORWARD
2 431.135
223.701
13.
FINAPICIAL INSTRuIENrs
2023
2022
FSnanelal asstts
Financial assets Ihalate debl ins1• measured al or1j I1
Finantsal 4$s8ts measured a¢f•val
2,217.792
2.157,635
111.220
2023
2022
FInanG1 liabllitl85
FiTranciaJ lia1 M1¢1 * amrtoed Cost
Finanual that#lities rMasurnd 81 fawvzlue
302.477
200.630
Finanoal assets asUrE at ¥mtyb5ed c05t C4)mws¢ ¢•sh af bar aTrJ atyAwJ Financ&g1 assets
measured attswvolue tsed asset Thestrnwl
Finonoal lialith5 meAsw¢d al ¢thw¢ tr•le ¢redittys. ther uoditors. dele¥red irKome and
ac&wals.
P*24
contiThd..... cmzENS ADVICE CAERPHLLY BLAENAU GWENT
NOTES TOTHE FW4ANCIAL STAT&IIENTS-contlnued
FOR THE YEAR ENDÉD 31 hlARCH 2023
14. TANGIBLE FIXEDASSETS
lo
l¢¥sehokl
Fixtures
Freehthj
fittiThJs
equirnani
Totsl$
COST
At 1 Aprl 2022
Add1thS
1,19).526
40,452
13.245
77.509
Xl.826
215,579
54.693
1,524,066
98.764
At 31 IAarrtb 2W23
53.697
DEPRECIATION
At l April 2022
Charg• lor 8T
39.282
2.744
156,882
1.141,4C(I
12.488
At 31 March 3)23
8.132
42.026
1,200,537
NET BOQX VALUE
At 31 Mari 2023
11.671
75.985
422.293
Al 31 Uatch 2022
A professronal valuatw of 1_2 Churth Place was ct¥nPed in Je 2018. Thi5 valuatitin re5ulled ITh a property
inpanI ¢xwse of£817.778 in 2018 an ldrtmal Mentor£47,748 in 2019.
15.
FIXED ASSET INVESTMENTS
L¢$led
ve$trnents
MARKET VALUE
At 1 Aprl 2022
Additions
ReValUalN5
111,220
350.OCQ
At 31 March 20rJ
NET BOOK VALUE
Al 31 March 2023
469.562
At 31 2022
111220
2023
2022
PStOal cost olin¥estrn•nls
There ere no Invesim•rt•ssets outsk* the
Cost or valL4thM ai 31 Ifarth 2023 i% rewoserteil ty."
Listed
irweslments
Vafvation Ai 2021
Valuatien th 2022
Vafuati¢n in 2023
Cost
2.779
7,941
8.342
469 562
PayB 25
Contind... CITIZENS ADVICE CAERPHILLY BLAENAU GWENT
NOTES TO ThE FINANCIAL STATEMENTS- contlntwd
FOR THE YEAR ENOED 31 MARCH 2023
1Q DEBTORS.. AMOLI4TS FALLWG DIE W•1Th•4 YEAR
2023
2022
111 371
17.
CREDITORS: APAOUNTS FALLWG fMK W•m OI YEAR
xi23
2022
VAT
68.397
143,674
22,938
3,942
285 265
Other creditprs
AcrJua15 and defeN8d (rne
292 145
20YJ
2022
15.OC¥I
15,(1
1.075
52 443
Pen51ry1W5e- ftJndin9 dawba
Iness SetyKe- fUndm ¢l•ba¢k
15.IX
The deferrJ K(me balare rEl8te5 lo prnryeardeleThed wict)n. 15 duelo te lEtyrd to the funder.
16.
LEASING AGREEIIE14TS
Mininum ase payrnenls uTrJer Tr)r¢te1th oF¢r4w ka5es lau due as f%..
2023
2022
Ihin one year
Bthe¢n one aTrJ fNe
30,455
12.411
26.554
19.
SECURED DEBTS
The bartk loaTh 1$ 5ewrnd aThl ¢horye averts frEehold
conti110... aTIZENS ADVICE ¢AERPHILLY BLAENAU GWENT
NOTES TO THE FINANCIAL STATEMENTS-eontinued
FOR THE YEAR ENDED 31 AIARCH 2023
20.
MOVEMENT IN FUND5
Trartsfets
At 114r22
fimd5
3123
Unr4strl¢ted funds
General fund
Desvjnated fvTrJ. organ1
devdopmeni
DesKJnaled luTrJ. A8selman48rnent
develwnt
2.081.135
935.703
17.694
3.035.532
2),
250.0
100.0
2.431.135
936,703
17.694
3,385,532
ReStr1¢t fun¢•s
Phone Slralety ImPeab0n
Consier ServKe
h G•vernrrnt.Advi¢e tsnk
IRernole Fundl
The Moondarrte Foundalion
lo Ctsim- F1 $er¥ice delNery
citenS Athce- Het> Throwh Hard5hffj>
Gwent As50Ck4lK)n Vdunlary OffjanisatvJn5
- Comrnunilies forwo
tLsh Government. Cynru.
Claim that's YouL
Arce55 to Ju5tic• FouTrY*ion- HALS
Cibzens AdYKe- Bosi¢ Income Pib)t
Crtizen5 Advice. c0mer ServKe.
Ener9y
71224
17.690
15.434
88,914
15,184
14.3161
23.827
8.788
13269
10.018
26,462
15,040
6.252
113.2691
54.949
17.1x171
57,960
7261
7,261
91.689
3.237
1.721
15.621)
178.577
3,237
971
17501
19.059
223.701
17.694
TOTAL FUNDS
1 143 361
3 798 197
Page 27
continued... CITIZENS ADVICE CAERPHILLY eLAEMAU GWEI
NOTES TO THe ANANCNL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2Q23
MOVEIIENT IN FUNDS- wnllny•d
N•t mu4tJnenl in fvrtrts, i1 are a5f01.
Ircl
50urces
Resourc88
exper¥Jed
Gal and
Mo¥ement
in fund5
General fvnd
743.083
1491.722)
685.342
936.703
Restricted funds
Phone Strategy Implemerfab
wrtness Service
cOnser SeryKe
Welsh Goverrfflert.Atr¢e Link Cwnru
(Remote Fund)
Welsh Govemment.Mvtt Link Cymru
Icenwalist FurKII
Welsh Government-NthKe Link Cymnj
{Spectaltst Fundl
Cthzen5 Ad¥Ace. Consumer SeryKe
IS¢ams Awareness)
We15h Go¥emrr. Lw C>Ynru
Ioebt Fu)
The MooThjan Foundation
CrtEen5 Adwce- Energy A0e
Pro9rammp
He lo Clavm- Full ser¥Ke defvery
Citoens AdTr¢e- Through Hardship
Cthens AdTr&iCÉ- Increasir¥J Capacity
GweniAssOc1k)n Vc4untary Oryantsihs
- COMMUne$ for
Welsh Counc4 fofvduntsry
KKkstart
Welsh Go¥ernffnl- thi Link C)Inw-
Claim Wnafs Ywts
Access to Juslice FrymdatKJn- trLALS
Cty'zens Ad¥ice- 8¢ Inu)me Pd
Cthzen$ Ad¢¢. Consumei SeTVKe-
Energy
Money and FnS SeThKe.Webchai
Money aTrJ Pensb)ns Ser¥Ke- Contact
Centre
Money 8TrJ Perts¥Jns S6e. Hewe
379.098
331,695
1.079.89S
{361.4081
1331.6951
11.C64.4621
17.69J
1*434
438.847
14362121
2,635
338252
(3382521
.011
(36,0111
15.547
115.54n
176,704
47,4Xt
1176.7041
141.1981
6.252
150.OWI
1145.4501
420,1741
135,3%)
132.181
475,123
35.3
113.2691
$4,949
(36.739}
7,261
13,315
113,314
3,492
26.7
65.724
274,0031
P3.4631
164.OWJI
91,689
3.237
56.243
175.417
137.1841
1175.417)
19.059
461.952
1461.952)
4 734 431
2C6 658
TOTAL FUNDS
685.342
1 143 361
P¥9¢ 28
continued... CITIZENS ADVICE CAERPHILLY BLAENAU GYIEllf
NOTES TO THE FINANCIAL STATEMENTS- conlinued
FOR THE YEAR ENDED 31 MARCH 2023
MoveMENT IN F1Th4DS-continued
TransfErs
betrn
fund5
mowment
in fund5
At
3122
At 114r21
Un$t1¢d lun
Gener frjnd
D¢$ignalJ lund_ •1$•1•1
develoFffjent
OesigTraled fund- Asset man•Jement
develowertt
1,532.827
410.183
108,125
2,081,135
250.(KIJ
250,000
000
1,882.827
410.183
108.125
2.431.135
RestriGted fvnd5
Phone Strategy Impmentat
MASOAP Cwlact Certfe
Wrtness Semce
Consumei Servh
Wo15h Gtsvernmenl-
(Aemote F¥ndl
Crtyzens Ad. Cortsum8rSery
(Scams Awarenessl
The Kloondance FtyJndaID
HE10 Ckin. Full seTrice delNery
CityL$ Mvtce- Flp Thr¢wh Hardship
69,224
80.415
115.2051
{48.6781
71,224
10.2
15.205
(90,6711
14,8211
12.874
10,953
23,827
4.605
117.5711
13.269
15,364
14.6051
8,788
13.269
10,018
15.3461
You
124 259
TOTAL FUNDS
2.007.066
647.750
2.654.836
Page 29
tu¢d... . . .. . CITIZENS ADVICE CAEIIPHUY BLAENAU GVIENT
NOTES TO THE FINANCIAL STATEMENTS. continwd
FOR THE YEAR ENDED 31 ft¢H 2023
20.
MOVEMÉNT IN FIA14DS-corfinu¢d
Ir1j
ResoL¥ces
Gain5 arvj
losses
Mtsvemenl
in tunds
Unrestsi¢ted fvnds
General fvrtd
1305.6521
3)2,941
440,183
Rostrirt¢d fvnds
Pensionwtse
Phone Stralegy Impkmenla
MASDAP Conts¢l C¢rtre
Imèss Sérvice
Consumer Ser¥Ke
Welsh Goyefrrfrent. AdvKe Lir tynru
(Remote Fu
Welsh Goverrn¢. Adv Lir C>Th
(Gerteralisl FunOI
Welsh Govefryrtsnt- A¢fvKe C>Thru
(s¢11St Fvnd}
crtYLefis Mwce. Consuw Str
{Scam5 Awawe$51
W¢l$h Gtsvernftnt-knti Lrt Cyinru
IDebt FdI
Test & Leam
The moondafi Foufvjat
Acce55 lo Ju5b¢¢ Foundaithi- LIPSS
iten$ AdMce- Enep Adv
Prograrnme
Ip lo Claim. F1 se1¢e dÈfvery
Cittiep)s AdMee- Hdp Through Has1p
Citen5 AdMce- 8uiWiry PArye Capauty
Employment Advic?
Cityzens ce- Increayry Capauty
Gwent$00t10n Vofuntary ¢)yaThtsalth
- Communthes for Wo
Welsh Couftc4 forVduntaryAcath-
KKkstart
Welsh Go¥ernenl- C[-
Claim tharS Yours
176.9881
16>).7761
1688.5191
(3C().3331
11.103.944)
760,LK#)
768.934
285.128
1.055266
69,224
80,415
115.2051
148,6781
432.
1421.5471
10,953
335.143
P35,1431
34.624
134.624)
125.375)
4.605
176.C
32.6Y
1176.OJ81
132.8S41
117.5711
132.6501
{17,5711
32.650
68.339
159.403
138,363
168,3391
1146,1341
1123.0191
13.269
15.364
22.879
41.594
122.8791
141.S941
21.848
121.8481
23.649
P3,6491
227.250
132.059
95.191
4.723220
4.515.653
TOTAL FUNDS
51e£ 114
4 8213051
Advlcelinè CymN-V ha¥ a ¢Mtwt with Crfizer6 Ad¥Ke CYMDJ to d¢hw tmlv)gLr natv)n•l fvthkeline team
leader support lo Pa a55es50rs in LCA across Waks wth Ihe am of the qualty of their telephone
Jvice seice5.
Help to Clalm IPWot pr4ecUs¢t UP C£8ts1
Funded by The tpartmenl br and pe$ IDW). Via citrnS AdvKt the provts of Plp lo CLgim.
Thi5 prqed i5 aimed to 5UPPOrt dnts in the eath st•J•s of a UnNetsal Credit darn, Ihe applKalion
through to first payrneni. Help to Clain 0$$ MU1Mhanl5 lo in¢re¥$e att¢s$ibility and me¢t
support need. TS inCJeS fa¢e to fa¢e supp)rt and that ts dolNÈfed Ihrough a single natal
qU8uewlh a national to ClaTh dedicated kn•.
Plne S¢rgy knplern¢ntslion IPSII
Funded tyy Crtoerts Athe. ftrthe oiirty ser¥w ofw Ad¥Ktl¥* SF¢11 Prmder
Page 30
¢ted... ¢ITfLENS ADVICE CAERPHLLY BLAENAU GWENT
NOTES TO THE FINANCIAL STATEMÉNTS. contfjnwd
FOR THE YEAR ENDED 31 hlARCH 2023
MOVEMENT IN FUNDS-conUNl
mOdanCe FouDda¢lon
The Moondant8 FtyJTrJ8tion je$ dwas an opporiunty to on projects that drive
transfrjrnmtional thange Scr Was and ourlD¢a commuryty.
Help through Hardshlp
A natn81 CrtYLens Adv prDjed be tr Tru55el Trusl. The of tre seNi¢¢ ts to help peop or
househc4ds lacing hafd5hip to maxwntsèthr inwn. Our thiser5 a150 he tts •YÈntify the ed lorwider adve
Isu¢h as debt. immigiation or hous•w. for eXpIe) direthNJ pec¢4eto speua&sl onward support.
CItn$Advkt. kncrÈasthg Capacfty
Funding Ir4m the Morw and Pwtstrjn SeThK to Threse thè le¥el of available in th• Dell AdTrite
Cortsd Cenlre.
GAVO- Commun6tles Forwork
A prwl to prov>Je dedKated ad¥iser tvne lo pec$4e in eiaenau seeking to their wnptrrfilty
¢h the $upport of the CLnm4mrts For IAbrk ieam.
WCVA. Ki¢ksi•rt
The TrQckstart Sc1me wovKled funthThJ hj enwlwts to cre ith lor 16 b) 24 y•ar okls OTh UTh¥etsal Cd
We took part the scherne with IKVA a5 Ihe bc#Jy.
CWM Whafs You
aaim ¥thafs Yours t5 a W5h Gowlnent eanwabJTr avned al 9Btt¥v4 FWF4È b dL whether Ihty are
reIPl ofall the benefft incthme they a enlthd lo.
This project is fuTrJed ty the Ministy of Citryens Advre. The prqed pdeS free independent
supporf for 1h proseuAw defen witnes¥es. SeThKed frpm wr caerphl1 CLYrtaci tentre, our leam
provbje practicAI lOal abA Ihe w¢<. 0$ T1 as emtional swjport to hel) witnesses fed mo
Confident eTh gNirYJ evilerKe.
ConsumerSorlce
a stringent tendermw wgcess. re succe55fv1 in fUrlfi9 lo eslatltsh and dver we of
fve Censumer ServKe contxl cernres. Our team tske cals rffi 8 dedKaled consLffier help11 number and
provpJe infornal#Jn alvKe and S¥1 to members of the pubk with cw5wrer issues. We worft dosety wth
Trading slarards aTrJ marry throw to Iheir bx•l tradry starKlard offitsrs.
Access to Justice Foundation. HALS
Funding speaty towards a Iree. inpadial alfv sepite, WV4iLfjrJ aThl to clerts who canMI
afford to pay for are not e3Ible for al aJ.
Ba$1¢ lficome Pilot
A projecl desvJned to wAh kKal attrth5 servi to prty•J• lo young rer50n5 regarding basic
inctyn•. evaluatiry whether Ihey ¥re el41 to davn. and vAthr I wArfd b¢ berftial for thèm to ba51¢
incc¢ne or remaMI wilh olherlundw Ipayments.
Eneryy Ad¥iGt PmgTrrnn-
Funding sukwrtxvj errw ¢ost Uisis by pwent lud vothfs lo re5ilents of
Ca?hlIty C¢yJnty Counul in f1 po¥ety. aThJ ty ¢)ffern energy to rewients of this 5cl%me. En$
holi5tr lvKe offered to ol Cae1 Cowty Coun¢4 re $pe¢rfK need ¢ recogni, e.g de
weware ben2fits advtt.
natsd funds
We have made provsion lof Ihe Iganial EVent of the organtsat that coJKI bp used to
meet our chartstle cbjectfvw. This provis• ran te re there 15 a business need to ctsnmission 8
proied or new role Ihal will help u5 rpath out to • wthr crffjrnty of ser¥Ke u5er5. ArternaiNeF¥. lh fund can
be used to reshape Ihe organtsation as Ihe thJndirKJ shffts $0 that we ¢an redistrthie 5Quice5 c4 an
nalwe *ity.
Page 31
Contind... cmzENS ADVKE CAEIIPHILLY BLAENAU GWEP
NOTES TO THE FINANCiAL STATEMÉNTS-c(ffitinued
FOR THE YEAR ENDED 31 URCH 2023
MOVEMENT IN FUNDS-¢o.ThJed
Infrastruclurn Fund
We have a number of Fthysical assets that we will derfek¥J as * cOntir to et our awns aTrJ 04"edwes. The
Designated Fund Infra5tnxlure has been placeil into the aco)unt5 lo manage upcom1 developments to our
5y5t•m5. prem5 +X other that forthe grrw&th ofthjr Se{¥5.
P¢nsionknyse
Ckn 6 Ayl 2015 pens refOrn cTh elkd thKti int6d new freedcffl5 giw9 the
opportunty to deLide Ily () their rel)n PL. PerLSityI Ihfjse is 8 government 5eryice sel vp to help
peo underslaThJ the optws vaiLablÈ to tr. tt offers guKlants to hdp empoer people to make
infomied dec4510 thr pen&on are be51 thwr per5ral cIrcuntance8. are wuking Iri
partrer5hipwith cl5 Ath & va ILeJ partner) and citir& A¢fvice YnyE Mon.
Thvs B 0 kqoney A¢fviL SerbKe fvnded Cbt Pfqed in parthershp wilh cZenS Ad¥i¢¢. TPu"s proje¢t
fvnds a team of 11.sful e9uNant Pet%. based at our cae1 cal centre. who provk1e Inal adv8
to calkn lo the natiwal hkn.
Acc855 to Justlce- LIPPS
On+year lunding Irom The Ar¢es$ 10 Jusb¢e FttuThJatM)n io S1[t di>Ms ilh pwporing for and attendin9
benefft appea trt)a$ and lo prtiN•Je reprtsenlat•)nTtn the rent rt.
Bulldlng more capaetty In Employment Ath#l¢•
Short lem fvnding frcrn Weh GovenNmeni to bu1 the kIge and ski15 of 8thti5er5 in defvering
pbymeni alTrrte thwh ts deh¥ery d Irrw4 0l8ddixir wourte.
Test & Le•rn
During 2020121 Wh Go¥trnment made athjtsonal fufvjing 8¥ailabk as part of the &ngle Adte Fund
k¥ogramrne. Their tenon as Ihal retspwts adopt a lesl and fe8m' approach to wothing With one
orty area or group of people 1n Ihey delr¥ery area. The Citizens AdvKe offKx5 wothing in partrtership
Gwent decJed lo priwitsse wort With peepk wfth 18arning ¢Jffvws or aulism and de¥elcp8d a rw wwki
rela1wspilh Menrap to faclrtale I.
TRnsfers rdale lo restrKled Itts to purchase red assets. PrOvaed Ihe exFending of Ihe frjnd meets the
restiKt)n5 by Il funders 8 transfer 15 made frryn Ilr re51rt¢trJ lurhy to the general fvnd.
An anatyss ofthe translers is prtyiled behw.
wrthased (ihthrspend) Tolal Ir8n51er
Bast Im¢ome F4k)t
Cizens Ad-cOnsmr Ser¥Ke
Citizens AdTrAce- HelpThrough Hardsh
CymN- Claim ar5 Your5
17501
{4.3161
17.W71
1750)
14,3161
17.0071
17.694
P¥32
"nued... cmzENS ADwce CAERPHILY BLAENAU GWEP
NOTES TO THE FINANCIAL STATEMENTS- continuld
FOR THE YEAR ENDED 31 W4RCH 2023
EIIPLOYEE BENEFIT OBLIGATIONS
The Chanty 15 Part 01 a mutwnptyer, ffiJTrJed. defined teneffls schwne. Tr sther 15 part of Ihe Greaier
(knnl (forfaenl PensJn FuTrJ. Tr tharyp forl1 ye¥. nktyftoThtrQXrtTr5 were paid overto
the sthne. amured lo £150.OC#) 12022 - {164.[). ILYJether with thè actuarial gain on the scheme )r Ih?
year of £6n,000. 12022 - É295,OCQI are reeogni5ed in the Statement of Financial ActiwlEs in accordarKe wrth
FRS102.
A lull vahJat•Jn of the Greater fforfaenl Pens FuThJ was cad a5 al 31 Marth 2019, upjated to 31
M¢h 2023. The rnaiorassunptk) in th¢ vahJatti)n we.
2023
3.5%
3.0%
4.8%
2022
3.5%
3.2%
2.7%
R4te of ineaso in satar
Rate of irKrEase in
[J"Scnt rate
2023
2022
EqiMIEs
60nd$
2,4Z2,930
521.ml
92.010
79
17
2.123,160
489.960
81.16Q
27,220
78
18
Cash
2023
2022
Fair Value of pkn assets
Present value ofs£eme Ikqbltses
Slus in the Scheme al 31 Mari
3.0$7,OC•)
(2.029,0001
1.038,OLhJ
3,019,000
12.755,0001
264,OCO
2023
2022
Current Senri rA15t
62.11
Finar (irKY¢0$ forlhe year e..
2023
2022
Expethd retum on assets
I83.¢)
156,Cp)01
Internsl on pensionloblrties
Far& ¢osl recowised in the St•wtolFinThi#lAdi%4
1.oc
Slat•menl ol rocowad gains1()..
2023
X22
Rebjrn on assets
Change in 3Cl[ assumpiKins
Chanp in a55umptyJn
Cxher
100.000
(781.0001
18.0001
10.000
1173.frJOI
116.0001
4,000
A¢ivarfal fietoain
877.C#JJl
295 0001
The charty made ¢¢ntr*¥bons of£1Y.634 (21r22- £136.609} lo the pertsw p¥ns ofemFknyeES duriry theyear.
Al the yearend there were ujntribultons of £Nil outstanding 12022- £Nill.
33
conknued... cmzENS ADVKE CAERPHILLY BLAE14AU GWENT
NOTes TO THE FINANCIAL STATEMENTS- contonued
FOR THE YEAR ENDED 31 I14RCH 2023
C014Tr4GENT LIABufiES
Dtsmg Ihe year lo 31 Marth 2017. lh¢ Gharty a capital grant c¥ £SW,LYJO under Ihe Wetsh
Govefflrneni Communty Fac Prc0jrffl8. Under th¢ tems condrfb)ns. parL or 1, of the grani woukl
beeeme repayab rf the prwety w85 d)Sed ol, ceased to operate wthin S year¥ from
complelion olthe lundyy purwse.
LhJMg the year lo 31 2017. Caerph Cwnty Bwh Counra SmIled an appn on behalf ofthe
Bureau lo the WeL%h Go5nen1 as part of lhr V•ranl aTrJ Viable Place5 rvvv) prcgramrne. The appl¢alic
W35 SYe$Sfvl and rapital grant fvryjing of £111.122 was dwmed urthrthe prcgrdmme. A e¢ndrtion af wanl
is that a legal charge and restr#0 in la¥our ol the o)uncA sh81 re9iSter8d againsl the a550COted freehobj
proputy. Should the pryrty bp soSJ 7Hith thern wuity tr the Covntyl to be waid frorn any
prKeeds of Sale In it i% agrted Ihat tt Courtll shal be errttsi b retht¢ the amount ony CO fundwg
awards annualty to the trea¥ each year until Iht giant mons have been paJ by Ihe Councl have en
fully reco%tred.
RELATEO PARff DISCLOSURES
During Ihe year, the Anetsrin Bevan UnNersty Local Heahh Board provwjed an nSIfiCIed grant of t69.715
12022 £71.4481. Gtrn J5 is 8 trustee of crt5 Ad¥?ce Caerphlly Blaenav Grt, as WEII as beiryj a director
of the Anuerin Bevan unFty Lacal HÈalh Board. fring IhÈ ytsi ts 31 2¥ £60.1fj7 had been
reeeNed in Idit t9,S48 had been Ihiln inwme. CITIZENS ADVICE CAFRPHILLY BLAENAU GVIV
DÈTAILED STATEMENT OF FINANCIAL AcnvrfiES
FOR THE YEAR ENDED 31 WRCH 2023
2023
2022
INCOME AND ENDowhp¥rs
Donations and kgacies
Grant5
Sundry donalion5
183,381
166,714
105,329
166,744
Investsnent income
Bank interest r1¥
324
Charttsble actfvltles
Grants afyj ¢or4rxtfunthng
Totsl Incomlng r080urces
5.684.172
5.186.114
EXPENDifuRE
Chafltable activ6ties
Wages
SDrial secunty
Oiher FensH)n costs
Rent. raies & s¢N¢e ¢harge
Light & heat
Insurance
Repaits & maintenance liKJthling aniThJ)
Stsff a volunteer Iravel ex¥enses
Printing & statnery
TePhort & postage
Reference malerials & sut$
Other statr relèied costs
Fuel voucher costs
OeprecBIM)n ch•r9e5
3.876.505
320,B06
174296
57,512
15.554
15.491
36.738
5.862
13,438
141.520
6.167
25.724
3.878.258
276,260
161.e68
50,966
13.882
45,523
10.108
75.457
6.342
45.790
45 9)2
4.785.515
4.418.552
Support ¢osts
Stsff costs
Wages
231,805
25,613
193,075
20.254
Othei per c051s
299.947
273,349
Oeprn¢iation
Depreck11•)n
13235
10,520
Otherc05ts
Rent. rates & ¢harye
ght & heal
Insurance
Repair5 & m•ithnan¢e doarArJ}
stalf & volunieer travel expews
Printing & statkinery
Carried forb¥ard
s,1
1.353
1.347
3,195
S10
1.168
12.574
657
1.206
26
879
11.161
Thi5 pa9B ikne5 Trjlfrjm pat oflhe slatulwy final slal8m8nts CITIZENS ADVICE CAERPHLLY eLAENAU GWEKr
DETAILED STATEMENT OF FINANCIAL ACTfrflTES
FOR THE YEAR ENOEO 31 IIARCH 2023
2023
2022
Other costs
Brought forward
Tel¢phon¢ & poslag¢
siaff & volunteertraiThng
Sundry costs lirKludiry e¥lernal sltyagel
Bank Gharyes
Mongage lrteresl
Other staff related costs
Refererre maleria15 &
Payioll lees, HR & finan soltsRre
IreTable VAT
Inierest on pe1¢ s¢h•rn1ots1fy'es
12.574
12,3C6
12.282
4.222
6,$62
9.767
4.671
1,399
1.965
3.OSO
ssl
27.286
43,427
1.765
$36
20,569
63.350
120.1)52
110.839
Govemance£osts
Auditor5. remuneral
AuditOlS' rgnunei•iion fol non aLtdAwork
Ac£ountarKy and 81 fees
4.0
1,665
2.604
Total resources expended
5.226.153
et Income before gakns and lowa•s
458.019
344.809
R¢alis¢d rtctynised gains and &)sses
Realised gainsUk$55esl on fLxed ass
inweslment5
Actuanal profw(ksl on defrnd nefft pe
hemes
8.342
7.941
Nt In¢ome
1.143.361
Pag*l Of surpltss cakulated under FR5102 can vary greatty frtim yeaf to year depending on Ihe
asSwnPtns m•Je at Ihe ¥alualwi dale, tKA ith or no effecl upon shorf lern ca5hllows. Th
scheffle dwd lo erants 2O)7108.
The charity cL¥ilthJle5 to Ihepersonal ren$ schemes of some of sts emthees. ContribJtJn5 payab to the
$theme5 ar? ¢haryed to the pmfft and account in the periyl Ihry Ele.
Operatlng lease agreemen15
Rentab appli¢abte to ¢pernbng lea5e5 stknstartilty al oflhe beS 3nd kS of eMJership rMui with
the lè$ Larg1 against profits w a straqhl basi5 over the Ferioj of IhÈ aSe.
The benefvs k85e irKenlThE5 are rec£wed in the 51atwnent of finanraal aclNihes overthe lease perityj.
Basis of recogn116on of latdllths
Lhat4"1rt ar8 reccgnwd 88 5C4Jn as tsre ts a legal or 0Jnslr owatpjn cc4nftNts the charity to the
expenditu.
Page 19