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|Chelmsford
Citizens Advice Bure|Chelmsford
Citizens Advice Bure|Chelmsford
Citizens Advice Bure|au|||
|---|---|---|---|---|---|
|Reports and Financial Statements|||2023|||
|Contents||||Page||
|Officers &professional||advisers||||
|Trustee report||||||
|Statement ofdirectors'||responsibilities||||
|Independent
examiner's||report|||10|
|Statement offinancial|activities|||||
|Balance Sheet|||||12|
|Statement ofcash flow|||||13|
|Notes to the accounts|||||14|
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|for the year|ended|31Mar|ch 2023|||||||
|---|---|---|---|---|---|---|---|---|---|
|||Notes||||||||
|||||2023||||2022||
||||Unrestricted|Restricted||Total|Unrestricted|Restricted|Total|
|Income||||||||||
|Bank interest||||||||||
|received|||851|||851|27||27|
|Donations|||2,270||13|2,283|838|47|885|
|Charitable
activities|||172,934|633,166||806,100|219,059|662,624|881,683|
|Other income||||60,174||60,174|68,059||68,059|
|Total income|||176,055|693,353||869,408|287,983|662,671|950,654|
|Expenditure||||||||||
|Charitable
activities|||211,365|780,035||991,400|229,362|672,590|901,952|
|FRS 102pension||||||||||
|movements||||||||||
|Service costs||15|27,000|||27,000|28,000||28,000|
|Employer||||||||||
|contribution||15|(19,000)|||(19,000)|(23,000)||(23,000)|
|Total resources||||||||||
|expended|||219,365|780,035||999,400|234,362|672,590|906,952|
|Net income||||||||||
|(expenditure)|in the|||||||||
|year|||(43,310)|(86,682)||(129,992)|53,621|(9,919)|43,702|
|Actuarial
gains||||||||||
|(losses) on defined||||||||||
|benefit pension||||||||||
|scheme||15|154,000|||154,000|68,000||68,000|
|Net income (deficit)||||||||||
|in the year after||||||||||
|actuarial||||||||||
|adjustments|||110,690|86,682||24,008|121,621|(9,919|111,702|
|Balance brought||||||||||
|forward|||451,007||130|451,137|335,667|3,768|339,435|
|Net movements|from|||||||||
|above|||110,690|(86,682)||24,008|121,621|(9,919)|111,702|
|Transfer between||||||||||
|funds|||(94,475)|94,475|||6,281|6,281||
|Balance carried||||||||||
|forward|||467,222|7,923||475,145|451,007|130|451,137|
##
|Balance Sheet as at|31March 2023||||||
|---|---|---|---|---|---|---|
|||Notes|2023|2023|2022|2022|
|Fixed assets||||15,169||19,801|
|Debtors|||30,978||41,461||
|Cash at bank and in hand|||269,664||403,505||
|Current
assets|||300,642||444,966||
|Creditors: Amounts|falling due||||||
|within one year||10|(78,666)||(105,630)||
|Net current assets||||221,976||339,336|
|Cash Flow generated|from||||||
|operations||||237,145||359,137|
|Defined benefit pension scheme|||||||
|assets( liability)|||||||
|Defined benefit pension scheme||15||238,000||92,000|
|Net assets||||475,145||451,137|
|Unrestricted
funds||11|229,222||359,007||
|Pension fund reserve||11|238,000||92,000||
|Restricted
funds||11|7,923||130||
|Net Reserves||||475,145||451,137|
##
||||2023|2022|
|---|---|---|---|---|
|Cash Flows from Operating
Activities|||||
|Net income (expenditure)||in the year|(129,992)|43,702|
|Adjustments
for|||||
|Depreciation|||12,772|12,327|
|Interest|||(851)|(27)|
|(Increase)/ Decrease|in debtors||10,483|12,892|
|Increase/
(Decrease)|in creditors||(26,964)|20,199|
|FRS 102 Defined benefit||pension scheme adjustment|8,000|5,000|
|Cash Flow generated
from operations|||(126,552)|94,093|
|Interest income|||851|27|
|Purchase oftangible|fixed|assets|(8,140)|(3,869)|
|Net increase /(decrease)||in cash|(133,841)|90,251|
|Cash at beginning|ofthe|year|403,505|313,254|
|Cash at the end of|the year||269,664|403,505|
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||||2023|2022|
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
|Grants|||||
|Chelmsford
City Council|||114,629|103,584|
|Essex County Council||||99,333|
|National
Citizens Advice|||15,000||
|Citizens Advice Essex|||15,192|15,672|
|other|||28,113|470|
||||172,934|219,059|
||||Restricted|Restricted|
|Grants|||||
|Pensionwise|||483,589|441,489|
|Universal
Credit: Help to|Claim|||60,731|
|Law Project|||15,000|100,000|
|Civil Military
Partnership|Board||14,063||
|Foodbank|||9,800||
|Britich Gas Energy trust|||17,471||
|Essex Community
Foundation||Writtle Housing|39,708||
|Citizens Advice Essex - Warm||Homes|27,387|26,579|
|Citizens Advice Essex - Warm||Start|26,148|26,148|
|Citizens Advice Essex —Volunteering||||7,677|
||||633,166|662,624|
##
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|||2023|||2022||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|Salaries and pension|||||||
|costs|106,679|621,748|728,427|113,157|509,068|622,225|
|staff and volunteer|||||||
|costs|1,319|4,225|5,544|58|8,504|8,562|
|Office|47,119|18,072|65,191|68,012|35,265|103,277|
|Premises|42,791|16,460|59,251|60,244|12,130|72,374|
|Governance|242|1,150|1,392|1,188|2,303|3,491|
|overhead
contribution||||(53,109)||(53,109)|
|Independent|||||||
|examination|1,420||1,420|2,240||2,240|
|Partner Payments||113,100|113,100||104,732|104,732|
|other costs|11,795|5,280|17,075|37,572|588|38,160|
|Total resources|||||||
|expended|211,365|780,035|991,400|229,362|672,590|901,952|
|||2023|2022|
|---|---|---|---|
|Staff costs||||
|Wages and salaries||642,747|545,140|
|Social security costs||49,951|39,804|
|Pension costs||35,729|37,281|
|Total||728,427|622,225|
|Average monthly|head count|26|26|
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|Fixed Assets for Charity|Use|||
|---|---|---|---|
|||2023|2022|
|||IT,|IT,|
|||Telecom|Telecom|
|||&Office|&Office|
|||Equipment|Equipment|
|Cost||||
|1 April 2022||156,795|152,926|
|Additions||8,140|3,869|
|31 March 2023||164,935|156,795|
|Depreciation||||
|I April 2022||136,994|124,667|
|Charge||12,772|12,327|
|31 March 2023||149,766|136,994|
|Net Book Value||||
|31 March 2023||15,169|19,801|
|31 March 2022||19,801|28,259|
|All assets are used for charitable|purposes|||
|9|Debtors|||||
|---|---|---|---|---|---|
|||||2023|2022|
|Debtors||||24,792|39,566|
|Prepayments
and||Accrued Income||6,186|1,895|
|||||30,978|41,461|
|10|Creditors|||||
|||||2023|2022|
|Creditors Amounts||due within|1 year|||
|Other Creditors||||78,666|105,630|
|||||78,666|105,630|
##
||||||Total|||
|---|---|---|---|---|---|---|---|
||Opening|Incoming|Resources|Actuarial|resources|Transfer from|Closing|
|2023|Balance|Resources|expended|adjustment|expended|unrestricted|Balance|
|Restricted funds||||||||
|Pensionwise|10,448|483,589|(486,350)||(486,350)||7,687|
|Foodbank|0|9,800|(10,103)||(10,103)|303|0|
|Universal
Credit|0|0|0||0||0|
|Warm Homes|(2,077)|27,400|(26,749)||(26,749)|1,426|0|
|Warm Start|34|26,148|(26,035)||(26,035)||147|
|Law Project|3,141|15,000|(13,591)||(13,591)|(4,550)|0|
|Volunteer
fund|(6,001)|0|0||0|6,001|0|
|Civilian Military|(5,415)|14,063|(23,552)||(23,552)|14,904|0|
|Central Law Group|0|60,174|(135,204)||(135,204)|75,030|0|
|British Gas Energy||||||||
|Trust|0|17,471|(17,382)||(17,382)||89|
|ECF|0|39,708|41,069||41,069)|1,361|0|
|Total Restricted||||||||
|Funds|130|693,353|(780,035)|0|(780,035)|94,475|7,923|
|Designated
funds||||||||
|Unrestricted
funds|359,007|176,055|(211,365)||(211,365)|(94,475)|229,222|
|Pension reserve|92,000|||146,000|146,000||238,000|
|Total Funds|451,137|869,408|(991,400)|146,000|845,400)|0|475,145|
##
||||||Total|||
|---|---|---|---|---|---|---|---|
||Opening|Incoming|Resources|Actuarial|resources|Transfer from|Closing|
|2022|Balance|Resources|expended|adjustment|expended|unrestricted|Balance|
|Restricted funds||||||||
|Pensionwise|1,551|441,536|(432,639)||(432,639)||10,448|
|Universal
Credit|2,239|60,731|(69,251)||(69,251)|6,281|0|
|Warm Homes|1|26,579|(28,657)||(28,657)||(2,077)|
|Warm Start|0|26,148|(26,114)||(26,114)||34|
|Law Project|0|100,000|(96,859)||(96,859)||3,141|
|Volunteer
fund|(23)|7,677|(13,655)||(13,655)||(6,001)|
|Civilian Military|0|0|(5,415)||(5,415)||(5,415)|
|Central Law Group||||||||
|ECF||||||||
|Total Restricted||||||||
|Funds|3,768|662,671|(672,590)|0|(672,590)|6,281|130|
|Designated
funds||||||||
|Unrestricted
funds|306,667|287,983|(229,362)||(229,362)|(6,281)|359,007|
|Pension reserve|29,000|||63,000|63,000||92,000|
|Total Funds|339,435|950,654|(901,952)|63,000|(838,952|0|451,137|
##
|At 31 March 2023 the company|had total commitments|under non-cancellable|operating|
|---|---|---|---|
|leases as follows||||
|||2023|2022|
|Land and buildings||||
|Less than 5 years|||35,517|
|Office Equipment:||||
|Later than one year and not later|than five years|1,377|1,377|
##
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||2023|2022|
|---|---|---|
|Income|||
|Citizens Advice Bureau|498,589|502,220|
|Citizens Advice Essex|69,175|76,076|
||567,764|578,296|
|Expenditure|||
|Citizens Advice Bureau|7,667|9,097|
|Citizens Advice Essex|250||
|Citizens Advice Stevenage|113,100|104,732|
||121,017|113,829|
##
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|Assets|||2023|2023|2022|2022|
|---|---|---|---|---|---|---|
||||6000's|0/|f000's|0/'|
|Equities|||406|58|414|60|
|Gilts|||10|1|16|2|
|Other bonds|||0|0|30|5|
|Property|||58|8|57|8|
|Cash/temporary||investments|23|3|17|3|
|Alternative|assets||111|16|85|12|
|Other managed||funds|96|14|70|10|
|Total|||704|100|689|100|
##
|Asset reconciliation||2023|2022|2021|
|---|---|---|---|---|
|||OOOO'S|OOOO'S|OOOO'S|
|Opening fair value ofFund assets||689|607|458|
|Interest on assets||18|12|11|
|Returns on assets less interest||(16)|49|122|
|Other actuarial
gains /(losses)||(4)|||
|Administration
expenses|||||
|Contribution
by employer||19|23|21|
|Contributions
by scheme participants||6|6|5|
|Estimated benefits paid||(8)|(8)|(10)|
|Closing fair value offund assets||704|689|607|
|Defined benefit obligation
reconciliation|||||
|Opening
defined benefit obligation||597|578|465|
|Current service cost||30|29|20|
|Interest cost||15|11|11|
|Change in financial
assumptions||(188)|(20)|97|
|Change in demographic
assumptions||(17)||(5)|
|Experience gains/(loss)
on def. benefit obligations||31|1|(5)|
|Estimated benefits paid||(8)|(8)|(10)|
|Past service costs, including
curtailments|||||
|Contributions
by Scheme participants|||6|5|
|Closing defined benefit obligations||466|597|578|
|Remeasurements
in other income|||||
|Return on Fund assets in excess ofinterest||(16)|49|122|
|Other actuarial
gains/(losses)
on assets||(4)|||
|Change in financial
assumptions||188|20|(97)|
|Change in demographic
assumptions||17||5|
|Experience gains/(loss)
on def. benefit obligations||(31)||5|
|Remeasurement
ofnet assets/(defined|liability)|154|68|35|
##
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|Value ofscheme assets and liabilities|||||
|---|---|---|---|---|
||2023|2022|2021|2020|
||$000's|6000's|f000's|6000's|
|Value ofscheme assets and liabilities|||||
|Fair value ofFund assets|704|689|607|458|
|Present value ofdefined benefit obligation|(466|597|(578|(465)|
|Net pension scheme asset ( liability)|238|92|29||
|Amounts
recognised
in SOFA for the year to31March|||||
|2023|||||
|Service cost|30|29|20|27|
|Net interest on deferred liability|3)|1|0|1|
||27|28|20|28|
|Less Employer contribution|(19)|(23)|(21)|(19)|