REGISTERED COMPANY NUMBER: 03828857 (England and Walosl REGISTERED CHARITY NUMBER: 1086003 Report ofthe Trustee8 and Unaudlted F5nan¢lal Statemont8 forthe Yoar Endod 31 March 2024 for Beneflt Advl¢o Shop Salisbury & Company Chartered Accountants Irish ,%quare Upper Oenbigh Road Sl Asaph Denbighshire LL17 ORN
Bonoflt Advlco Shop Contents of the Flnancial Statemonts lorthe year ended 31 March 2024 Page Report of the Tru$tee8 Independent Examlner'8 Report Statement of Flnan¢lal A¢tlvltle8 Balance Sheet Notes to the Flnanclal Stst•ment8 7 10 16 Oetsllod Statemont of Flnanelal Actlvltle8 17
Ben¢flt Advlce Shop Report of the Trustees for the yoar ended 31 March 2024 The trustees who are also directois ol the charity for the purposes of the Companies Act 20(, Pfesenl Iheir report with the financial statements of the charity for the year ended 31 March 2024 The trustees have adopted the provisions of Accounting and Reporting by Charities. Slalemenl of Recommended Pradice applicable lo charities prepanng their accounts In accordan with tho Financial Reporting Standard applicable in the UK and Republic ol IrelarKI IFRS 1021 leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Oblectlves and alms The aim ol the Benefit Advice Shop is lo ensure that no peison loses out financially due to lack of inloimalion about, or understanding of, the social security system. This is ach18ved by providing free, independent. professional advice on all aspects ol the benefit system lo the general public. The basic philosophy is that everyone is entitled lo high quality. comprehensive, free advice, information and assistance (egarding their entillemenls through the benefit system. This allows clients lo maximise their income and In turn cilculales money into the local economy. ACHIEVEMENT AND PERFORMANCE Charltable actlvltles The Benefit Advice Shop's performance throughout 2023124 has been good. The service was adapted during the Covid pandemic to ensure that no-one lost out on essential advice during that lime. The ad8Ptalions put in place during that lime have served the organisation well post covid as the organisalion Is able lo offer more choice lo people accessing advice, by telephone, face-lo-face, zoom or Ihrough home visits. However, the demand on the seNice and the restricted resour$ available mean that It Is not always possible lo increase oulpul in all areas of service provision. The Benefit Advice Shop continues lo lace a sèrious threat lo ils curfenl level of provision with culbacS(s lo ils funding Whilst the organisation is working hard lo try lo replace this funding, It Is finding il difficult. The Benefit Advice Shop would like to extend ils Ihanlfs to those organisalions which have continued lo provide support over the year5 as well as those new lunders who have provided grants for this financial year. The organisalion found the cost-of-living crisis has a great impact on thè community and the number of clients struggling lo meet their basic need increased. We have been able lo develop our outreaches lo access more people and our Tribunal seIe remains busy. We remain the main organisalion to represent al hearing in North Wales. W6 have continued to try lo recruit volunteers lor the office and fof tha Board ol Trustees Throughout the year we have continued to Wofk effectively for the community and have confirmed gains of f4,049,645.00. FINANCIAL REVIEW Re8erv08 poII¢y The Benefit Advice Shop has a policy ol retaining reserves in order lo maintain its services to the communities in North Wales whi151 searching lor grants and lulufe donations lor future periods. FURTHER FINANCIAL REVIEW DETAILS In 202312024 we received £5000 from Community Foundation Wales. Postcode Community Trust £20000 01 unrestricted funding. Rhyl Coaslal Communities Partnership £5616. Rhyl Town Council £14000. Colwyn Bay Town Council £6638. Abergele Town Council £500 Conwy Town Council £1000 and £500. Swayne Johnson £3675. Preslalyn Coastal Communities Partnership £5000. Independent Age Cost 01 Living grant Fund £26500 over tsvo years. Rhyl Flat5 Windfarm (Conwy areal £10000. Oakdale Trust £1000. Conwy Voluntary Sector Key Fund £23000 Large Gwynt y Mof f.27268 over years Preslatyn Town Council £2000. Abergele District Foodbank £eooo Small Gwynl y Mor £9208. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Type of governing document." Memorandum and Articles of Association How the Charity is constituted.. Company Limited by Guarantee Trustee selection methods.. Elected al General Meeting RecruStrnont and appolntmenl ol new trustees The Trustees are appointed al the Annual Genefal Meeting of the Benefit Adwce Shop by the members present but can also be appointed duling the year al the discretion of the Board ol Trustees. OrganlBatlonal structure The Board ol Trustees meets monthly and delegates the daily decisions lo the members of staff. Assessments and reviews of the achievements and objectives are constantly performed by the staff and Ihe results are forwarded lo Ihe Trustees. The daily management of the Benefit Advice Shop has been delegated by the Tfustees lo Michelle Thomas. Inductlon and trainlng of now trustees The induction and training Is carried out with regard to the policies and prOdureS agreed by the Board ol Trustees. Page 1
Benefit Advlce Shop Report of the Trustees fortho year ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Ri8k management The Tfuslees have a duty lo identify and review the risks lo which the charity Is exposed and lo ensure appfopriale controls are in pla lo provide reasonable assurance against fraud and error. Addltlonal Govornance 188ue8 The Benefil Advice Shop has a range ol Policies and Procodures in place, including an Independence and Impartiality Policy and an Equality and Diversity Policy. The organisalion will provide advice and assistance lo any person who contacts them and places no geographical reslriclions on Its service provision. although this is coming under increasing pr8ssure due lo funding restrictions. In order lo propeily assist clients, it is vital that the Benefit Advice Shop maintains a good professional relationship with other agencies in the area such as Foodbanks, ind&pendence money advice cenlres, The Red Cross, MIND, Hafod, NACRO, housing associalioris and various community based and anli-poverty groups The signposting system in operation beeen local agencies and multi-agency lake-up campaigns are Iwo examples of local groups working conslruclively together lo address the many difficulties fad by clients and lo ensure the provision ol high quality, comprehensive, accessible advice and assistance. The company does not distribute any monios lo the trustees, who are all unpaid volunteers. Any surplus made from the accounts is retained within the reseeS ol the company. REFERENCE AND ADMINISTRATIVE DETAILS Reglstored Company number 03828857 {England and Wales) Regl8tered Charlty number 1086003 Reg18tered offlc8 19 Bedford Street Rhyl Denbi9hshire 1.1.18 1SY Tru8tO08 Mrs M G Roberts Miss M A Jones Mrs C Holliday MrJA8all Mr M I Shipley Company Secretary Mrs M G Roberts Independent Examlner Salisbury & Company Chartered Accounlanls Irish Square Upper Denbigh Road Sl Asaph Denbighshire LL17 ORN OTHER OPTIONAL INFORMATION The Benefit Advice Shop would like lo thank all those organisalions which provide funding lor their continued support and lo extend thanks lo those organisations which provided one-off grants In 2023 10 2024 the Benefit Advice Shop assisted 3,154 people with 6,012 enquiries. £4,049,645 were obtained for clients money that is circulated back into the local economy. Finally, Il Is appropriate lo thank both the paid and unpaid staff for the last twelve months. The Servi provided by unpaid volunteers increases the level of service that can be provided lo the public. without the assistance ol the volunteer5 of the Benefit Advice Shop the paid members of staff would be unable lo provide the same level ol seryi Page 2
Benefit Advice Shop Report ol the Trustees lor the year ended 31 March 2024 Approved by order of the board of trustees on and signed on its behalf by.. Miss M A Jones- Twstee Page 3
Independent Examlner's Report to the Tru8tee8 of Beneflt Advlce Shop Independent examlnerf¥ report to the tru$t¢e3 of Beneflt Advlce Shop I'tho Company'} I report lo the charity Ifustees on my examination of the accounts ol the Company lor the year ended 31 March 2024 Re8pon8lbllltles and basls of report As the charity's Iruslees of the Company land also Ils directors for the PUTposes ol company lawl you are responsible for the preparation of the accounts in accordance with the requirements ol the Companies Act 20061'lhe 2006 Acl'l. Having satisfied myself that the accounts ol the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible lor independent examination. I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Chafilies Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Chanly Commission undef Section 145151 Ibl of the 2011 Act. Indepondent oxamlnorf8 Statèmènt I have completed my examination. I confirm that no matters have come lo my attention In connection with the examination giving me cause lo believ8'. accounting records were not kept In respect ol the Company as required by Section 386 of the 2006 A¢l,' or the ac¢ounls do not accord with those records", or the accounts do not comply with the accounting requirements ol Section 396 01 the 2006 Act other than any requirement Ihal the accounts give a true and lair view which is not a matter considered as part of an Independent examination, or the accounts have not been prepared in accordance with the methods and Pfinciples of the Slalemenl of Racommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordanc8 with the Financial Reporting Standard applicable in the UK and Republic ol Ireland (FRS 1021} I have no concerns and have come across no other mallers in connection with the examination lo which 8llenlion should be drawn In this report in order lo Onable a propef understanding ol the accounts lo be reached. /oo,u- Aled Roberts Salisbury & Company Chartered Accounlanls Irish Square Upper Denbigh Road Sl Asaph Denbigh5hire LL17 ORN Dalè.. Page 4
Bengflt Advlce Shop Statement of Financial A¢tivltles for the year ended 31 March 2024 2024 Total lunds 2023 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 31,525 121.193 152,718 110,414 Investment income 163 163 41 Total 31,688 121,193 152,881 110,455 EXPENDITURE ON Charltsble actlvltles Operating costs 13.599 92,728 106.327 127,026 NET INCOMEI(EXPENDITUREI Tran8for$ between funds 18,089 32,692 28,465 132.6921 46,554 116,5711 11 Not movoment In fund8 50,781 14,2271 46.554 {16,5711 RECONCILIATION OF FUNDS rotal funds brought foThvard 8,185 55,132 63,317 79,888 TOTAL FUNDS CARRIED FORWARD 58,966 50,905 109,871 63,317 The notes form part of these financial statements Page 5
Beneflt Advlce Shop Balance Sheet 31 March 2024 2024 Total funds 2023 Total funds Unrestricted fund Reslricled funds Notes FIXED ASSETS Tangible assets 9,166 155 9,321 8.598 CURRENT ASSETS Debtors Cash al bank and in hand 1,929 50,032 1,929 101,408 2,131 58,703 51,376 51,g61 51,376 103,337 60,834 CREDITORS Amounts falling due within one year io 12.1611 16261 12,7871 (6.1151 NET CURRENT ASSETS 49,800 50,750 1¢XI.550 54,719 TOTAL ASSETS LESS CURRENT LIABILITIES 58,966 50,905 109,871 63,317 NET ASSETS 58,966 50.905 109,871 63.317 FUNDS Unreslrlcled lunds Reslricted funds 58,966 50,905 8,185 55.132 TOTAL FUND8 109,871 63,317 The charitable company is enlilled lo exemption from audit under Section 477 01 the Companies Act 2006 lor the year ended 31 March 2024. The members have not required the company lo obtain an audit ol ils financial slalemenls lor the year ended 31 March 2024 in accordance with Section 476 01 the Companies Act 2006, Thé trustees acknowledge their responsibilities for {al ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial slalomenls which give a true and fair view of the slate of allairs ol the charitable company as al the end of each financial year and of ils surplus or deficit for each financial year in accordance with the requirements ol Sections 394 and 395 and which otherwise comply with the requifemenls of the Companies Act 20Q relating lo financial stalem6nls. so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable lo chanlable companies subject lo the small companies regime. {bl anci slalemenls were approved by the Board of Trustees and aulhorised for issue L.4. .. ....... and were signed on 11$ behalf by.. on Miss M A Jones - -fruslee b.1 p4 1 (.. Mr J A Ball Trusleo "Ihe notes form part of these financi81 slalemenls Page 6
Benofit Advice Shop Note8 to the Flnancial Statement8 for tho year ended 31 MaTch 2024 ACCOUNTING POLICIES Basls of prèparlng tho financial statements The financial statements of the chanlable Company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic ol Ireland, and the Companies Act 2006. The financial slal8menls have been prepared under the historical cost convention, Income All income is recognised in the Slalement of Financial Activities once the charity has enlillemenl lo the funds, il is probable that the income will be received and the amount can be measured reliably. Expendlturo Liabilities are recognised as exp&ndilure as soon as there is a legal or constructive obligation committing the charity to that expenditure. il is probable that a Iransler of economic benefits will be required in settlement and th& amount of Ihe obligation can be measured reliably. Expenditure is accounted lor on an accruals basis and has been dassified under headings that aggregate all cost related lo the c81egory Vere costs cannot be directly allribuled to particular headings thèy have been allocated lo activities on a basis consistent with the use of resources. Tanglblè flxed a880ts Depreciation is provided al the following annual rates in order lo write off aach asset over ils eslimaled useful Fixtures and fittings Computer equipment 15Vo on reducing balane 25'/ts on reducing balance Taxatlon The charity is exempl from corporation lax on ils charitable activities. Fund accounllng Unr6slricted funds can be used in accordance with the charitable objectives al the discretion ol the Iruslees. Restriclod funds can only be used lor particular reslricled purposes within the objects of the chafily. Reslriclions arise when spocified by the donor or when funds are raised for particular restricted puiposes. Further explanation of the nature and purpose of each fund is included In the notes lo the financial slalements. Pen81on costs and other po8t.retlromont benellts The charitable company operates a defined contribution pension scheme. Contributions payable lo the charitable company's pension scheme are charged lo the Statement of Financial Activities in the pefiod lo which they relate. DONATIONS AND LEGACIES 2024 2023 Oonalions Grants Other income 200 152,518 110,237 147 152.718 110,414 Page 7 eonlinued...
Boneflt Advlce Shop Notes to the Flnanclal Statements- continued for the year ended 31 March 2024 DONATIONS AND LEGACIES - contlnued Grants reived, Included In the above, are as follows." 2024 2023 Rhyl Town Counal Colwyn Bay Town Council Conwy Town Council Abergele Town Council Oakdale Trust TTUSthouse Charitable Foundation Government ol Ireland,. Emigiant Support Programme Prestalyn Town Council Gwynl Y Mor Comic Relief Community Fund Prestatyn & Meliden Partnership Conwy Rhyl Flats Postcode Community Trust Swayne Johnson Tacking Financial Hardship Mab Gwalia Rhyl Coastal Communities Partnership Community Fund Age Independanl Abergele District Foodbank Conwy Voluntary Sector Key Fund Other grants 14.001 6,638 500 500 1,000 17,CKJO 4.500 1,000 4,000 4,909 2,375 2,000 12,249 4,684 5,000 15,233 14,196 2.475 10.000 5,000 5,616 5,000 2.000 22,842 5,000 10,000 20,000 3.675 5,616 13,250 6,000 23,000 8,496 152,518 110,237 INVESTMENT INCOME 2024 2023 Deposil account Interest 163 41 NET INCOMEI{EXPENDITUREI Nel incomellexpendilurel is slated after chargingllcreditingl.. 2024 2023 Depreciation - owned assets 2,664 2,348 TRUSTEES, REMUNERATION AND BENEFITS There were no Iruslees, remuneration or other benefits lor the year ended 31 March 2024 nor for the year ended 31 March 2023 Tru8tee8' expen8e8 There were no Iruslees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. Page 8 continued ..
Beneflt Advice Shop Notes to the Flnanclal Statemen18 - contlnued for the year ended 31 March 2024 STAFF COSTS The average monthly number ol employees during the year was as follows". 2024 2023 Charity adivilies Other No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled fund Reslricled lunds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 12,677 97.737 110,414 Investment income 46 151 41 Total 12,723 97,732 110,455 EXPENDITURE ON Charltablo a¢tlvltlos Operating costs 25,233 101,793 127,026 NET INCOMEIIEXPENDITUREI Tran8fer8 betwoon fund8 112.5101 11,378 14,0611 111,3781 116,5711 Nèt movomont In funds 11 1321 115,4391 116,571 } RECONCILIATION OF FUNDS Total lunds brought forward 9,322 70,566 79,888 TOTAL FUNDS CARRIEO FORWARD 8,190 55,127 63,317 TANGIBLE FIXED ASSETS Fixtures and fittings Compute equipment Totals COST Ai 1 April 2023 Additions 32,327 18.744 3,387 51,071 3,387 Al 31 March 2024 32,327 22,131 54,458 DEPRECIATION Al 1 April 2023 Charge for year 13,451 2,169 42,473 2,664 495 Al 31 March 2024 29.517 15,620 45,137 NET BOOK VALUE Al 31 March 2024 2,810 6,511 9,321 Al 31 March ?023 3.305 5,293 8.598 Page 9 continued
Benellt Advlce Shop Notes to the Flnanclal Statements- continued for tho yeai onded 31 March 2024 DEBTORS.. AMOUNTS FALLING DUE THIN ONE YEAR 2024 2023 Prepayments 1,929 2,131 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors Accruals and deferred income Accrued expenses 246 625 1,916 229 3,971 1,915 2,787 6,115 11. MOVEMENT IN FUNDS Nel movement in funds Translefs beeen lund$ Al 3113124 Al 114123 Unr08trl¢ted fund$ General Fttrnd 8,185 18,089 32,692 58,966 Rè8trlctod funds Big Lottery Truslhouse Charitable Foundation Government ol Ireland,. Emigrant Support Programme Sanlander voucher account Rhyl Town Council RWE Coastal Partnership Comic Relief Community Fund Gwynl Y Mor Preslalyn & Meliden Partnership Denbighshire Coastal PartnerShp Preslatyn Town Council Conwy Rhyl Flats Grantscape Moondance Foundation Poslcode Community Lottery Rhyl Coastal Communities Partnership Community Fund 1.487 4,909 11,4871 14.9091 375 205 5.384 6.175 9.836 12.721 3,755 232 1,571 375 154 5,384 1511 {6,1751 19,8361 9,208 21,929 3,755 12321 11.5711 5,000 518 2,692 5,272 {5181 12,6921 15,2721 3.500 3.500 5,000 5,000 Conwy Community Advice and Assistance. Cost of Living 5.808 5,808 55,132 28.465 132,6921 50,905 TOTAL FUNDS 63,317 46,554 109.871 Page 10 continued..
Benofil Advice Shop Notes to the Flnanclal Statement8 - continued for the year ended 31 March 2024 11. MOVEMENT IN FUNDS . continued Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement In funds Unre$trl¢tod lund5 General Fund 31,688 113,5991 18,089 R88trlcted funds Oakdale Trust (Training) Government of Ireland.. Emigrant Support Programme Santander voucher account Rhyl Town Council Comic Relief Communily Fund Gwynl Y Mor Preslatyn & Meliden Partnership Conyry Rhyl Flats Rhyl Coastal Communities Partnership Conwy Town Council Colwyn Bay Town Council Communily Fund 1,000 11,0001 5,000 15,000} 1511 110.5011 13,3461 113,6341 15.0001 15 0001 15,6161 15001 16.6381 1511 10.501 3,346 22,842 5,000 10,000 9,116 500 6,638 9,208 5.000 3,500 5,000 13,250 Age Independanl Conwy Community Advi¢e and Assistance". Cost ol Living Abergele Distncl Foodbank 113,2501 23.000 6,000 117,1921 16,0001 5,808 121,193 192,7281 28,465 TOTAL FUNDS 152,881 1106,3271 46,554 Page11 continued ..
Benefit Advicg Shop Notes to the Flnancial Statements contlnued lorthe year ended 31 March 2024 11. MOVEMENT IN FUNDS . ¢ontlnuod Comparatlves for movement In funds Nel movement in funiJ5 Transfers between funds Al 3113123 Al 114122 Unro$trlcted fund8 General Fund 9.322 112,5151 11,378 8,185 Rostrlcted fund8 Big Lottery Trusthouse Charitable Foundation Government of Ireland,. Emigrant Support Programme Santander voucher account Rhyl Town Council RWE Coastal Partnership Comic Relief Community Fund Gwynt Y Mor Prestatyn & Meliden Partnership Oenbighshire Coastal Partnership Prgstatyn Town Council Granlscape Moondance Foundation Rhyl Flats Community Fund Poslcode Community Lottery 1,487 4,909 1,487 4,909 500 274 5,384 6,175 13,182 12.721 3,895 232 1.571 2,392 3,068 9,504 5,272 11251 1691 375 205 5,384 6,175 9,836 12.721 3,755 232 1.571 518 2,692 13.3461 {1401 11,8741 13761 19,5041 5,272 70,566 14.0561 {11,3781 55,132 TOTAL FUNDS 79,888 116,5711 63,317 Page 12 continued
Bonèflt Advlce Shop Notes to the Flnan¢lal Statements - continued for the year ended 31 March 2024 11. MOVEMENT IN FUNDS- contlnued Comparative nel movement in funds, included in the above are as follows". Incoming resources Resources expended Movement in funds Unrestrlcted fund8 General Fund 12,723 125.2381 112,5151 Restrlcted funds Truslhouse Charitable Foundation Government of Ireland,. Emigrant Support Programme Santander voucher account Rhyl Town Council Comic Relief Community Fund Gwynl Y Mor Aberg618 Town Council Preslatyn & Meliden Partnership Prestatyn Town Council Conwy Rhyl Flats Moondance Foundation Postcode Community Lottery Swayne Johnson Tackling Financial Hardship Rhyl Coastal Communities Partnership Conwy Town Council Colwyn 8ay Town Council 4,909 14,9091 2,375 12,500) 1681 111,0001 (8,0291 112,2491 14,0001 15,1401 {2,0001 113,7321 13761 114.1941 {2,4751 110,000} 15,6161 11.0001 (4,5001 11251 1691 11,000 4,683 12,249 4,000 5,000 2.000 13,732 13,346} 11401 {3761 14,194 2,475 10,000 5,616 1,000 4,500 97,732 1101,7881 14,0561 TOTAL FUNDS 110.455 1127,0261 116,5711 Page13 continued...
Benefit Advice Shop Noto8 to thg Flnanclal Statements- contlnued for the year ended 31 March 2024 11. MOVEMENT IN FUNDS - ¢ontlnued A cL1rn1 year 12 months and prior year 12 months combined position is as follows.. Nel movement in funds Transfers beeen funds Al 3113124 At 114122 Unre8trlcted funds General Fund 9,322 5,574 44,070 58,966 Restrl¢ted fund8 Big Lottery Trusthouse Charitable Foundation Government of Ireland,. Emigrant Support Programme Santander voucher account Rhyl Town Council RWE Coastal Partnership Comic Relief Community Fund Gwynl Y Mor Prestatyn & Meliden Partnership Oenbighshire Coastal Partnership Preslatyn Town Council Conwy Rhyl Flats Granlscape Moondance Foundation Rhyl Flats Community Fund Poslcode Community Lollery Rhyl Coastal Communities Partnership Community Fund 1,487 4,909 11,4871 14,9091 500 2.74 5,384 6,175 13.182 12,721 3,895 232 1,571 11251 11201 375 154 5,384 16,1751 19,8361 13,3461 9,208 11401 21.929 3,755 12321 11.5711 5,000 5.000 2.392 3,068 9,504 5,272 12 3921 {2,6921 19,5041 15,2721 {3761 3,5CK) 3,500 5,000 5,000 Conwy Community Advice and Assislanc&', Cost of Living 5,808 5,808 70,566 24.409 144.0701 50,905 TOTAL FUNOS 79,888 29,983 109,871 Page 14 continued
Benefit Advice Shop Note8 to the Flnancial Statements- continued for the year 8nded 31 March 2024 11. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined nel movement in funds, included In the above are as follows Incoming resour$ Resources expended Movement in funds Unrestrlctod fund8 General Fund 44.411 138,8371 5,574 Re8trl¢ted lunds Oakdal8 Trust ITrainingl Truslhouse Charitable Foundation Government ol Ireland,. Emigrant Support Programme Sanlander voucher account Rhyl Town Council Comic Relief Community Fund Gwynl Y Mor Abergele Town Council Preslatyn & melen Partnership Preslatyn Town Council Conwy Rhyl Flats MOOndan Foundation Poslcode Community Lottery Swayne Johnson Tackling Financial Hardship Rhyl Coastal Communities Partnership Conwy Town Council Colwyn Bay Town Council Community Fund 1,000 4,909 (1.0001 14,9091 7,375 {7,5001 11191 121.5011 111,3751 {25,8831 14,000) 110,1401 12,0001 118,7321 13761 114.1941 12,4751 110,0001 111,2321 11,5001 111,138) 11251 11201 21,501 8.029 35,091 4,000 10,000 2,000 23,732 {3.3461 9,208 11401 5,000 13761 14,194 2,475 10,000 14,732 1,500 11,138 3,500 5,000 13,250 5,000 Age Independanl Conwy Community Advic8 and Assislafic6'. Cost of Living Abergele District Foodbank 113,2501 23,000 6,000 117.1921 16,0001 5.808 218,925 1194,5161 24,409 TOTAL FUNDS 263,336 1233,353) 29,983 12. RELATED PARTY DISCLOSURES There were no relatpd party transactions Iof the yp.ar ended 31 Mafch 2024. Pa(Je 15 continued.
Benoflt Adv1¢¢ Shop Notes to tho Flnanclal Statement8 - contlnued for the yoar endod 31 March 2024 13. FUNDS Gvrynt Y Mor1£13,634 + £9,2081 provide funds to for workers salaries and assists with home visit travel Rhyl Town Coun¢ll 1£14,0001 provides funding lo employ an appeal workef and part-time Welfare Rights Trainee lo assist with advice in the Rhyl Office. Bay of Colwyn Town Councll {£6,6381 and Pr•statyn Town Councll 1£2.0001 provided funding to assist the residents of their communities to access Welfare Benefit advice Pro¥tatyn Coa8tal Communltlos Partnernhlp 1£5,0001 supports the outreach offices In Preslatyn as well as the residents of Preslalyn and Meliden. Rhyl Coa8tal Communltlo¥ Partner8hlp 1£5,6161 provides funding for advice given within the Rhyl area. Departhiont of Forolgn Affalrs and Trade; Emlgrant Support Programmo 1£5,0001 the grant awarded covers the period running lo 30th June 2024 and was for the following activities.. specialist Welfare Benefit advice given lo Irish Emigrant families. P08tcode Communlty Trust 1£20,IJJOI provided funding towards salaries and running costs with Advice and Appeal work, Convry Town Councll (£5001 funding lo support residents of Conwy Ab8rgg10 Town Councll (£5001 funding lo support residents of Abergele, Swayno Johnson (£3,675) provided funding towards salaries. Conwy Rhyl Flats 1£10,0001 provided funding lowafds salaries, advertising, travel expenses and general running costs ol the charity Independont Ago C08t of Llvlng 1£13,2501 provided funding over a year period lo cover salaries and iunning costs in relation lo a dvice and support for older people. Convry Voluntary Sèctor Key Fund (£23,000) provided funds lo cover salary costs Communlty Foundatlon Wale8 1£5,0001 provided lunds lo cover salaries and running costs. The Oakdalo Tru8t 1£1,0001 provided funds lo cover costs in relation lo welfare benefit advice and representation lo refugees Aborgelo Dlstrlet Foodbank 1£6,01)01 provided funding towards salaries lo continue Ils weekly welfare benefit advice al Aborgele Foodban k Alex Ferry Foundatlon 1£5,0001 awarded a grant to assist with running costs. Clients kindly provided donations of £200. Page 16
Beneflt Advl¢e Shop Detailed Statem¢nt of Flnancial Activitie8 for the year endod 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Oonatlon8 and legacle8 Donations Grants Other income 200 152.518 30 110,237 147 152,718 110,414 Inv08tment Income Deposit account interest 163 41 Total Incomlng r8sour¢08 152,881 110,455 EXPENDITURE Charltable actlvltle8 Wages Pensions seiCe & maintenance charges Insurance Telephone Postage and stationery Advertising Sundries Staff training Repairs and maintenance Publications Computer costs Travelling expenses Fixtures and fittings Computer equipment 77,543 1.298 2.601 3.910 5.515 882 1,860 2,271 1,152 107,368 1,766 2.494 4,050 2,402 1,222 394 7g8 306 157 734 183 583 1,764 299 3,130 292 496 2,169 103,418 124.221 Support ¢08ts Govornanco cost8 Accountsncy fees Legal fees 2.116 793 2.265 540 2,909 2,805 Total resources expended 106,327 127,026 Net Incomolloxpondlturel 116,5711 This page does not loim part of the statutory financial slalement5 Page 17