| Contents | Page | |
|---|---|---|
| Officers&professionaladvisers | 3 | |
| Trusteereport | 4 | |
| Statement ofdirectors'responsitrilities | 8 | |
| Independent examiner'sreport | 9 | |
| Statementoffinancialactivities | 10 | |
| BalanceSheet | 11 | |
| Statementofcashflow | t2 | |
| Notestothe accounts | 13 |
Chelmsford Citizens Advice Bureau Reports and Financial Statements 2022
| forthe yearended3lM | arch | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||||||
| f. | ff | cff | |||||||
| Income | Unrestricte d |
Restricted | Total | UnrestrictedRestrictedTotal | |||||
| Investments | 2 | 27 | 27 | 57 | -57 | ||||
| Donations Charitable activities C)therincome Totalincome |
J 4 5 |
838 2t9,059 68,059 287,983 |
47 662,624 - 662,671 |
885 881,683 68,059 950,654 |
3,266 318,508 21.273 343,t04 |
- 609,I 8I 97 609,278 |
3,266 927,689 2r,370 952,382 |
||
| Expenditure | |||||||||
| Charitable activities | 6 | 229,362 | 672,590 | 901,952 | 218,14s | 607,s68 | 825,713 | ||
| FRS102 pension movements | |||||||||
| I | |||||||||
| Servicecosts | 5 | 28,000 | - | 28,000 | 20,000 | 20,000 | |||
| 1 | |||||||||
| Employer contribution | 5 | (23,000) | - | (23,000) | (21,000) | (21,000) | |||
| Totalresources expended | 234,362 | 672,590 | 906,952 | 217,145 | 607,568 | 824,713 | |||
| Net income(expenditure) intheyear |
53.621 | (9.919) | 43.702 | t2s,959 | 1,710 | 127,669 | |||
| Actuarialgains (losses) on | |||||||||
| defined benefitpension | 1 | ||||||||
| scheme | 5 | 68,000 | 68,000 | 35,000 | 35,000 | ||||
| Netincome(deficit)inthe | |||||||||
| year after actuarial adjustments |
t2r,62t | (9,91e) | ttt,702 | 160,959 | 1,7 | 10 | 162,669 | ||
| MovementinFunds | |||||||||
| Balancebrought forward | 335,667 | 3,768 | 339,435 | 174,708 | 2,058 | 176,766 | |||
| Transferbetween funds | (6,281) | 6,281 | 0 | 0 | 00 | ||||
| Netmovementsfromabove | t2t.62t | (9,919) | ttt,702 | r60.959 | 1,710 |
162,669 | |||
| Balancecarriedforward | 45t,007 | 130 | 451,137 | 335,667 | 3,768 | 339,435 |
| BalanceSheetasat3lMarch2022 | |||||
|---|---|---|---|---|---|
| Notes | 2022 |
2022 | 2021 | 2021 |
|
| ff | f.f | ||||
| Fixedassets | 8 | 19,801 | 28.259 | ||
| Debtors | 9 | 4r,46t | 54,353 | ||
| Cashatbank andinhand | 403,505 | 3t3,2s4 | |||
| Currentassets | 444,966 | 367,607 | |||
| Creditors:Amountsfallingduewithinone year |
10 | (105,630) | (85,43r) | ||
| Netcurrentassets | 339,336 | 282,176 | |||
| Totalassetsexcludingpensionliability | 359,137 | 310,435 | |||
| Defined benefitpension schemeassets(liability) | |||||
| Defined benefitpensionscheme | i5 | 92,000 | 29,000 | ||
| Netassets | 451,137 | 339,435 | |||
| Unrestrictedfunds | rr | 359,007 | 306,667 | ||
| Pensionfundreserve | ll | 92,000 | 29,000 | ||
| Restrictedfunds | ll | 130 | 3,768 | ||
| NetReserves | 45t,137 | 339,43s |
| Statement of CashFlowfortheyearended3lMarch2022 | ||
|---|---|---|
| 2022 | 2021 | |
| f. | t | |
| Cash FlowsfromOperatingActivities | ||
| Net income (expenditure) intheyear | 43,702 | 127,669 |
| Adjustmentsfor | ||
| Depreciation | 12,327 | 10,212 |
| Interest | (27) | (s7) |
| (Increase)/ Decreaseindebtors | 12,893 | (27,442) |
| Increase/ (Decrease)in creditors | 20,t98 | t0,526 |
| FRS102Defined benefitpension scheme adjustment | 5,000 | (1,000) |
| Cash Flows generatedfromoperations | 94,093 | I 19,908 |
| Interestincome | 27 | 57 |
| Purchaseoftangible fixedassets | (3,86e) | (30.887) |
| Net increase /(decrease)incash | 90,251 | 89,078 |
| Cash atbeginning oftheyear | 313,254 | 224,176 |
| Cash at the endoftheyear | 403,s05 | 3t3,254 |
Chelmsford Citizens Advice Bureau 14
| InterestIncome | ||
|---|---|---|
| 2022 | 2021 | |
| f. | f. | |
| Bankinterest on deposit accounts | 27 | 57 |
| CharitableActivities | ||
|---|---|---|
| 2022 | 202t | |
| Unrestricte | ||
| d | Unrestricted | |
| f | f | |
| Grants | ||
| ChelmsfordCityCouncil | I03,584 | 113,000 |
| EssexCounty Council | 99,333 | 130,878 |
| EssexCommunity Foundation | 0 | 0 |
| CommunityInitiativeFund | 0 | 0 |
| National Citizens Advice | 0 | 46,5 |
| Citizens AdviceEssex | 15,672 | t5,r92 |
| other | 470 | 12,927 |
| 219,059 | 318,508 | |
| Restricted | Restricted | |
| f. | L | |
| Grants | ||
| Pensionwise | 441,489 | 471,775 |
| Universal Credit: Help to Claim | 60,731 | '15,936 |
| Law Project | 100,000 | 0 |
| Citizens AdviceEssex -WatmHomes | 26,5'79 | 46,856 |
| Citizens AdviceEssex-WarmStat | 26,t48 | 6,937 |
| Citizens AdviceEssex-Volunteering | 7,677 | 7,677 |
| 662.624 | 609,181 |
| 5 | OtherIncome | ||
|---|---|---|---|
| 2022 | 2021 | ||
| f | f | ||
| Citizens | AdviceS EssexTraining&other | 0 | 4,172 |
| Central | Law Group | 68,059 | t7,101 |
| Other | 0 | 97 | |
| 68,059 | 21,370 |
| Resources expende | d-CharitableAct | ivities | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricte | Restricte | Unrestricte | ||||
| d | d | Total | d | RestrictedTotal | ||
| f. | f. | f | ff. | |||
| Salaries and pensioncosts | 113,157 | 509,068 | 6)7))< | 141,992 | 372,158 | 514,150 |
| Staffandvolunteercosts | 58 | 8,504 | 8,562 | I,884 | 9,650 | 11,534 |
| Office | 68,013 | 35,265 | t03,218 | 55,531 | 49,442 | t04,973 |
| Premises | 60,243 | 12,130 | 72,313 | 55,263 | 15,61670,879 | |
| Governance | 1,1gg | 2,303 | 3,49t | 1,733 | 2,490 | 4,223 |
| Overheadcontribution | (53,I09) | 0 | (53,r09) | (76,808) | 0 | (76,808) |
| Independentexamination | 2,240 | 0 | 2,240 | 1,200 | 0 | 1,200 |
| Partner Payments | 0 | 104,732 | 104,'t32 | 30,247 | 158,091 | r88,338 |
| Othercosts | 37.572 | 588 | 38.160 | 7,103 | 12t | 7.224 |
| Totalresources | ||||||
| expended | 229,362 | 672,590 | 90t,9s2 | 2t8,t4s | 607,568 | 825,713 |
| 2022 | 202t | |
|---|---|---|
| f. | f. | |
| staffcosts | ||
| Wages and salaries | 584,944 | 460,013 |
| Pensioncosts | 37,281 | 54.137 |
| Total | 6)) )'.)|5 14,150 | |
| Average monthlyheadcount | 26 | 22 |
| FixedAssetsforCharityUse | ||
|---|---|---|
| 2022 | 2021 | |
| IT, | IT, | |
| Telecom | Telecom | |
| &Office | &Office | |
| Equipmen | Equipmen | |
| t | t | |
| f. | f. | |
| Cost | ||
| IApril202l | 152,926 | 122,039 |
| Additions | 3,869 | 30,887 |
| 3lMarch2022 | 156,795 | 152,926 |
| Depreciation | ||
| I April202l | 124,667 | t14,452 |
| Charge | 12,327 | I0,215 |
| 31March2022 | 136,994 | t24,667 |
| Net Book Value | ||
| 3lMarch2022 | 19,801 | 28,259 |
| 31March2021 | 28,259 | 't,587 |
| Debtors | |||
|---|---|---|---|
| 2022 | 2021 | ||
| t | f | ||
| Debtors | 39,566 | 53,048 | |
| Prepayments andAccruedIncome | 1,895 | 1,305 | |
| 4t,461 | 54,353 | ||
| t0 | Creditors | ||
| 2022 | 2021 | ||
| L | L | ||
| Creditors AmountsduewithinIyear | |||
| Other Creditors | 105,630 | 85,431 | |
| 105,630 | 8s.431 |
| u | ||||||||
|---|---|---|---|---|---|---|---|---|
| Transfer | ||||||||
| Total | from | |||||||
| Opening IncomingResources |
Actuarial | resources | unrestricte | |||||
| 2022 | Balance Resourcesexpended |
adjustment | expended | d | Closing | |||
| f. | f.tf.f | { | f | |||||
| Restrictedfunds | ||||||||
| Pensionwise Universal Credit WarmHomes WarmStart Law Project Volunteer fund CivilianMilitary |
1,551 2,239 I 0 0 (23) 0 |
441,s36(432,639) 60,731(69,2s1) 26,579(28,657) 26,148(26,1t4) 100,000(e6,8se) 1,617(13,655) 0 (5.415) |
0 0 0 0 0 0 0 |
(432,639) (69,251) (28,65',7) (26,t14) (e6,8se) (13,655) (5.415) |
0 6,281 0 0 0 0 0 |
10,448 0 (2,077) 34 3,t41 (6,001) (s.415) |
||
| TotalRestricted funds | 3,768 | 662,671(672,s90) | 0 | (672,s90) | 6,281 | 130 | ||
| Designated funds | 0 | 0 | ||||||
| Unrestrictedfunds Pension reserye |
306,66',t 29,000 |
287,983(229,362) 0 0 |
0 (229,362) 63.00063"000 |
(6,28 | r) | 359,007 92.000 |
||
| Totalfunds | 339,435 | 950,6s4(901,9s2) | 63,000(838,9s2) | 451,13',7 | ||||
| Transfer | ||||||||
| Total | from | |||||||
| 2021 | Opening IncomingResources BalanceResourcesexpended Lf.f. |
Actuarial adjustment f. |
resources expended f. |
unrestricte d f |
Closing f. |
|||
| Restricted funds | ||||||||
| Pensionwise | (319) | 47t,788(469,9t8) | 0 | (469,918) | 0 | 1,55I | ||
| Universal Credit | 2,377 | 76,020(76,158) | 0 | (76,l58) | 0 | 2,239 | ||
| WarmHomes | 0 | 46,856(46,855) | 0 | (46,855) | 0 | 1 | ||
| WarmStart | 0 | 6,937(6,937) | 0 | (6,937) | 0 | 0 | ||
| Volunteer fund | 0 | 7,677(7,100) | 0 | (7.700) | 0 | (23| | ||
| TotalRestricted funds | 2,0s8 | 609,278(607,568) | (607,s68) | 3.768 | ||||
| Actuarialpension | ||||||||
| reserve | 0 | 0 | ||||||
| Unrestrictedfunds Pension reserve |
I81,708 (7,000) |
343,t04(218,14s) 00 |
0 (218,14s) 36,00036.000 |
0 0 |
306,667 29,000 |
|||
| Totalfunds | 176,766 | 952,382(82s,7r3) | 36.000 | (789.7t3) | 339,435 |
| At3lMarch2022theconpanyhadtotalcorrrrnitrrEntsundernon.cancellableoperating | At3lMarch2022theconpanyhadtotalcorrrrnitrrEntsundernon.cancellableoperating | |
|---|---|---|
| leases asfollows | 2022 | 2021 |
| Iandandbuildings: fessthan5 Years |
L 35.517 |
f 35.517 |
| Office EquiPment: laterthan oneyear andnotlater than five years |
t.3'77 | t-3'77 |
| Income | 2022 | 2021 |
|---|---|---|
| c | f. | |
| Citizens AdviceBureau | 502,220 | 507,436 |
| CitizensAdviceEssex | 76,076 | 197,589 |
| 578,296 | 705,025 | |
| Expenditure | ||
| Citizens AdviceBureau | 9,097 | 6,583 |
| Other Citizens AdviceBureaux | 104,732 | 184,822 |
| 113,829 |
| Assets | 2022 | 2022 | 2021 | 2021 |
|---|---|---|---|---|
| f000's | o//o | f,000's | o//o | |
| Equities Gilts Otherbonds Property Cash/temporary investments Alternativeassets Othermanaged funds |
4t4 t6 30 57 17 85 70 |
60 2 5 8 J 12 10 |
375 t6 30 43 29 70 44 |
6t 3 5 7 5 l2 7 |
| Total | 689 | t00 | 607 | r00 |
| Assetreconciliation | 2022 | 2021 | 2020 |
|---|---|---|---|
| f,000's | f,000's | f,000's | |
| OpeningfairvalueofFundassets Interestonassets |
607 t2 |
458 il |
469 11 |
| Retumsonassets lessinterest | 49 | 122 | (36] |
| Other actuarialgainsi(losses) | |||
| Administrationexpenses | |||
| Contribution by employer | 2; | 2t | 19 |
| Contributions byschemeparticipants Estimatedbenefitspaid |
6 (8) |
5 (10) |
4 (e) |
| Closingfairvalue offundassets | 689 | 607 | 458 |
| Definedbenefit obligationreconciliation | |||
| Openingdefinedbenefttobligation Currentservice cost |
578 28 |
465 20 |
502 2t |
| Interestcost | t2 | 11 | t2 |
| Changein tinancialassumptions Changeindemographic assumptions Experiencegains/(loss)ondef.benefit obligations Estimatedbenefitspaid |
(20] 1 (8) |
97 (5) (5) (10) |
(3e) (1) (31) (e) |
| Past service costs,includingcurtailments | 6 | ||
| Contributions bySchemeparticipants | 6 | 5 | 4 |
| Closingdefinedbenefit obligations | s97 | 578 | 46s |
| Remeasurementsinotherincome | |||
| Retumon Fundassetsinexcessofinterest | 49 | 122 | (36) |
| Other actuarialgains/(losses)onassets | |||
| Changein financialassumPtions Changein demographicassumptions Experiencegainsi(loss)on def.benefit obligations |
20 (l) |
(e7) 5 5 |
39 I 31 |
| Remeasurementofnet assets/(definedliability) | 68 | 35 | 35 |