## ## ## ||||Page| |---|---|---|---| |Legal and administrative||information|| |Trustees'
report|||2-8| |Auditor's
report|||9-12| |Statement
of financial|activities||13 - 14| |Balance sheet|||15| |Statement
ofcash flows|||16| |Notes to the accounts|||17-30| ## ## |Trustees|||Miss H
I Fountain —(appointed|Miss H
I Fountain —(appointed|Miss H
I Fountain —(appointed|Miss H
I Fountain —(appointed|27 May 2020)| |---|---|---|---|---|---|---|---| ||||Mr P Gibbons
(appointed|||13January 2021)|| ||||Mr A Markillie-Mallinson||||| ||||Mr S E Markillie-Mallinson||||| ||||Mr J Munton||||| ||||Ms R Nixon (appointed||24 February 2021)||| ||||Mrs K L Rippon||||| ||||Mr CJ Smith||||| ||||Ms K Neale (resigned||15April||2021)| |Secretary|||Position vacant||||| |Chief Executive Officer|||L Chahal
(appointed|14June 2021)|||| ||||G Quilter
interim CEO||from 19||April 2021 to| ||||13June 2021||||| |Charity number|||1087214||||| |Company|number||04096574||||| |Principal|address and Registered|Office|1"Floor||||| ||||Epic House||||| ||||Charles Street||||| ||||Leicester||||| ||||LE1 3SH||||| |Statutory|Auditor||Somerbys
Limited||||| ||||Chartered
Accountants||||| ||||Registered
Auditor||||| ||||30 Nelson Street||||| ||||Leicester||||| ||||LE1 7BA||||| |Bankers|||Lloyds Bank pic||||| ||||7 High Street||||| ||||Leicester||||| ||||LE1 9FS||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|** Total| |---|---|---|---|---|---|---| ||||Funds|Funds|2021|2020| |||Notes||||| |Income and endowments|from:|||||| |Donations
and legacies|||1,276||1,276|1,621| |Charitable
activities||2|186,828|3,938,939|4,125,767|3,538,487| |Fundraising
income||||||717| |Other trading
activities|||1,136||1,136|| |Income from investments||||||| |Total income|||189,251|3,938,939|4,128,190|3,540,825| |Ex enditure on:||||||| |Raising funds||||||| |Charitable
activities||3|103,575|3,892,361|3,995,936|3,483,916| |Total resources expended|||103,575|3,892,361|3,995,936|3,483,916| |Net movement
in funds before transfer|||85,676|46,578|132,254|56,909| |Transfer between
funds||||||| |Net movement
in funds|||85,676|46,578|132,254|56,909| |Fund balances at 1 April 2020|||100,328|142,290|242,618|185,709| |Fund balances at 31 March 2021||15&16|186,004|188,868|374,872|242,618| ## ## ## |Prior year financial statements|Prior year financial statements||Unrestricted|Restricted|Total| |---|---|---|---|---|---| ||||Funds|Funds|2020| |||Notes|||| |Income and endowments|from:||||| |Donations
and legacies|||1,621||1,621| |Charitable
activities||2|215,217|3,323,270|3,538,487| |Fundraising
income|||717||717| |Total income|||217,555|3,323,270|3,540,825| |Ex enditure on:|||||| |Charitable
activities||3|186,982|3,296,934|3,483,916| |Total resources expended|||186,982|3,296,934|3,483,916| |Net movement
in funds before transfer|||30,573|26,336|56,909| |Transfer between
funds|||187|187|| |Net movement
in funds|||30,386|26,523|56,909| |Fund balances at 1 April 2019|||69,942|115,767|128,800| |Fund balances at 31 March 2020||16|100,328|142,290|185,709| ## ## ## ||||Notes||2021|2020| |---|---|---|---|---|---|---| ||||||P.|| |Fixed assets||||||| |Tangible assets|||||47,413|13,428| |Current assets||||||| |Debtors|||10|164,628||71,170| |Cash at bank and|in hand|||545,594||280,515| |||||710,222||351,685| |Creditors: amounts||falling due within one year||(379,897)||(119,099)| |Net current assets|||||330,325|232,586| |Net assets excluding||pension scheme liability|||377,738|246,014| |Defined benefit pension scheme liability|||||(2,866)|(3,396)| |Net assets including||pension scheme liability|14||374,872|242,618| |Income funds|||16|||| |Unrestricted
funds|||||186,004|100,328| |Restricted funds|||||188,868|142,290| |Total funds|||||374,872|242,618| ## |||||||2021|2020| |---|---|---|---|---|---|---|---| ||||||Notes||| |Cash generated/(used)
in|||operating||||| |activities|||||19|307,617|90,748| |Cash flows from|investing||activities||||| |Purchase
of tangible||fixed assets||||(42,549)|(12,176)| |Cash used in investing
activities||||||(42,549)|78,572| |Cash flows from|financing||activities||||| |Interest received|||||||| |Cash generated|by|financing
activities|||||| |Increase
in cash|and|cash|equivalents|in|||| |the year||||||265,079|78,572| |Cash and cash equivalents
of the year|||at the beginning|||280,515|201,943| |Total cash and cash||equivalents
at the||end|||| |ofthe year||||||545,594|280,515| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2|Income from charitable activities|Income from charitable activities|Income from charitable activities|Income from charitable activities||||||2021|2020| |---|---|---|---|---|---|---|---|---|---|---|---| ||Contractual
payments|||||||||4,045,451|3,429,782| ||Legal Aid income|||||||||18,486|39,568| ||Immigration
income|||||||||52,565|60,087| ||Other|||||||||9,265|9,050| |||||||||||4,125,767|3,538,487| |3|Analysis
of Expenditure||||||||||| |||||Staff costs|Depreciation|||Other|costs|Total|Total| |||||(Note 7)||(Note 9)||(Note 4)||2021|2020| |Charitable
activities|||||||||||| |Money|advice
-general|||959,521||8,288||232,228||1,200,037|894,253| ||-financial|capability||73,219|||276||9,579|83,074|98,063| |||||1,032,740||8,564||241,807||1,283,111|992,316| |Governance
costs
(note|||6)||||||6,045|6,045|5,325| |Grants payable
(note|||5)|||||2,706,780||2,706,780|2,486,275| |||||1,032,740||8,564||2,954,632||3,995,936|3,483,916| |4|Other costs||||||||||| ||Other costs include the||following|support costs:—|||||||| ||||||Unrestricted||funds|||Restricted funds|| ||||||2021|||2020||2021|2020| ||||||||||||F| ||Establishment||||2,967|||7,431||39.665|35,188| ||Insurance|||||333||740||3,894|3,542| ||project costs||||5,721|||8,345||69,757|6,047| ||Recruitment
and training|||||121||1,007||16,516|6,211| ||Information
technology||||2,210|||4,352||30,325|16,722| ||Equipment
and supplies|||||685||3,099||8,597|8,156| ||Communication
and marketing||||1,162|||4,249||15,773|19,560| ||Bank charges and loan||interest|||178||617||543|633| ||Legal and professional||fees||1,106|||1,370||24,565|4,890| ||Staff travel and subsistence|||||29||321||496|9,355| ||Sundry
expenditure|||||||7,431||17,164|19,230| ||||||14,512|||38,962||227,295|129,534| ## ## ## |The amounts
payable
to e|a|ch partner|were as follows:|||| |---|---|---|---|---|---|---| |||||Paid in|Reserved
at|Total| |||||year|year end|| ||||||E|| |Citizens Advice Ashfield||||107,734|(4,763)|102,971| |Citizens Advice Bassetlaw||||117,898|9,895|127,793| |Citizens Advice Broxtowe||||69,878|2,984|72,862| |Citizens Advice Chesterfield||||93,667|1,222|94,889| |Community
Law Service Northampton|||and County|288,568|9,794|298,362| |Citizens Advice Derbyshire||Districts||181,491|(1,448)|180,043| |Derbyshire
Law Centre||||91,750|8,158|99,908| |Citizens Advice Leicestershire||||179,822|(684)|179,138| |Citizens Advice Lincoln||||69,873|2,934|72,807| |Citizens Advice Lindsay||||128,378|(7,280)|121,098| |Citizens Advice Mansfield||||114,798|3,851|118,649| |Citizens Advice Mid Lincolnshire||||79,825|2,464|82,289| |Citizens Advice North East||Derbyshire||123,915|3,189|127,104| |Citizens Advice Nottingham||and District||326,230|624|326,854| |Nottingham
Law Centre||||48,827|1,157|49,984| |Saffron Resource Centre||||39,932|1,883|41,815| |Citizens Advice Sherwood||and Newarke||74,872|3,093|77,965| |Citizens Advice South Derbyshire||||289,162|12,819|301,981| |St Ann's Advice Centre||||104,193|6,398|110,591| |Citizens Advice South Lincolnshire||||116,024|3,653|119,677| |||||2,646,837|59,943|2,706,780| |Analysis
of governance|costs|||||| ||||||2021|2020| |Audit fee|||||4,500|4,200| |Other governance
costs|||||1,545|1,125| ||||||6,045|5,325| ## |7|Employees|||||| |---|---|---|---|---|---|---| ||||||2021|2020| ||Number
ofemployees|||||| ||The average
monthly|number|of employees|during the year was:|38|28| ||Employment
costs||||2021|2020| ||Wages and salaries||||922,700|728,871| ||Social security costs||||73,349|57,182| ||Other pension costs||||36,691|35,940| ||||||1,032,740|821,993| ## ## ## ## |Tangible fixed assets|| |---|---| ||Fixtures| ||fittings
&| ||equipment| |Cost|| |At 1 April 2020|111,815| |Additions|42,549| |Disposals|(92,589)| |At 31 March 2021|61,775| |Depreciation|| |At 1 April 2020|98,387| |Charge for the period|8,564| |Disposals|(92,589)| |At 31 March 2021|14,362| |Net book value|| |At 31 March 2021|247,413| |At 31 March 2020|Ei3,428| ## ## ## |ebtors||| |---|---|---| ||2021|2020| |Trade debtors|22,614|23,326| |Prepayments|20,219|19,895| |Other debtors|121,795|27,949| ||164,628|71,170| |reditors: amounts
falling due within one year||| |---|---|---| ||2021|2020| |Trade creditors|60,134|15,378| |Taxes and social security costs|29,465|23,354| |Other creditors|8,647|5,547| |Grants creditors|87,544|20,044| |Accruals|194,107|54,776| ||379,897|119,099| ## |Ch|anges
in t|he compa|ny's
resou|rces available for cha|rity use|||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Funds|Restricted|Funds| |Net|incoming|resources|for the year|||85,676||46,578| |Net|(increase)/decrease||in tangible|fixed assets||2,363||(36,348)| |Net|movement|in funds|available
for future activities|||88,039||10,230| ## ## |||2021|2020| |---|---|---|---| |Balance sheet liability|at 1 April 2020|3,396|4,120| |Deficit contribution
paid||(704)|(684)| |Interest cost (SoFA)||76|52| |Impact of any change|in assumptions|98|(92)| |Balance sheet liability||2,866|3,396| ## |||March|March|March|March|March| |---|---|---|---|---|---|---| |||2021|2020|2019|2018|2017| |Discount rate|applied to future recovery plan|0.66%|2 53%|1 39%|1.71%|1.32%| |contributions|due|||||| ## ## ## |14|Analysis|of net a|ssets|between f|unds|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted||Restricted|||Total|Total| ||||||||Funds||Funds||Funds|Funds| ||||||||||||2021|2020| ||Fund balances at||31 March 2021 are|||||||||| ||represented
by:|||||||||||| ||Tangible|fixed assets|||||11,065||36,348||47,413|13,428| ||Current assets|||||191,484|||518,738||710,222|351,685| ||Creditors:|amounts|falling due within||one|||||||| ||year|||||(13,679)|||(366,218)||(379,897)|(119,099)| ||Creditors:|amounts|falling due over||one year|||||||| ||Provisions|for liabilities||and charges|||(2,866)||||(2,866)|(3,396)| |||||||186,004|||188,868||374,872|242,618| |15|Restricted funds|||||||||||| ||2021|||||||||||| |||||Opening||Income|Expenditure||Balance at||Transfer|Balance at| |||||balance|||||31|March|between|31 March| |||||1 April 2020||||||2021|funds|2021| ||||||F||||||F|| ||MaPS|||||3,595,741||(3,561,848)||33,893|(3,204)|30,689| ||Moneywise|Plus||||83,487||(83,073)||414||414| ||Big Lottery|Fund||16,339||58,833||(58,957)||16,215||16,215| ||Energy Redress|||||100,478||(96,564)||3,914||3,914| ||MaPS (Redundancy||Cost)|125,951||||||125,951|3,204|129,155| ||Leicester Community||Fund|||5,000||(3,724)||1,276||1,276| ||Access to|Justice Fund||||95,400||(88,195)||7,205||7,205| |||||142,290||3,938,939||(3,892,361)||188,868||188,868| ## ## ## ## |16|Unrestricted|funds|||||| |---|---|---|---|---|---|---|---| ||2021||Balance|Incoming|Resource|Transfers|Balance| ||||1 April|Resources|Expended|to|31 March| ||||2020|||restricted|2021| |||||||funds|| ||Unrestricted||100,328|189,251|103,575||186,004| ||||100,328|189,251|103,575||186,004| ||2020||Balance|incoming|Resource|Transfers|Balance| ||||1 April|Resources|Expended|to|31 March| ||||2019|||restricted|2020| |||||||funds|| ||Unrestricted||69,942|217,555|(186,982)|(187)|100,328| ||||69,942|217,555|(186,982)|(187)|100,328| |At the reporting
date the company
had outstanding
commitments
f
cancellable
operating leases as follows;|or future
minimum
lease payments
|under
non-| |---|---|---| ||2021|2020| |Not later than one year|31,635|31,635| |Later than one year and not later than five|18,454|50,089| |years||| ||50,089|81,724| ## ## ||||2021|2020| |---|---|---|---|---| |Net movement
in funds|||132,254|56,909| |Add back depreciation||charge|8,564|1,827| |Interest receivable|||(«)|| |Decrease/(Increase)|in|debtors|(93,458)|6,069| |Increase/(decrease)|in|creditors|260,798|26,667| |Pension
movement|||(530)|(724)| ||||307,617|90,748| ##