Charlty reglstration number 1088651 Company registration number 04259550 (England and Wa19s) KIRKLEES CITIZENS ADVICE & LAW CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
KIRKLEES CITIZENS ADVICE & LAW CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Umar Shafat (Chairl M Maqsood (TreasuTer) A Hinton C M McKenna L Reilly N J Woodhead (Appoinled 2 October 2023) Secretary N Whillingham Senlor management Nick Whillingham Lesley Kaye Olivia Sykes Lynne Howarth Chief Execulive Qperalions Manager Communications Manager HR Manager Charity number 1088651 Company number 04259550 AudStor BK Plus Audit Limited 52 Sl Johns Lane Halilax Wesl Yorkshire England HX12BW
KIRKLEES CITIZENS ADVICE & LAW CENTRE CONTENTS Page Trustees, report Statement of trustees. responsibilities Indep8ndenl auditor's report 8-11 Slatemenl of financial activities 12-13 Balance sheet 14 Statement of cash flows 15 Notes to the financial stalemenls 16-29
KIRKLEES CITIZENS ADVICE & LAW CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also directors of the charily for the purposes of Ihe Companies Act 2006, present their report with Ihe financial statements of the Gharily for the year ended 31 March 2024. The Irustees have adopled the provisions of the Slalemenl of Recommended PracliGe (SORP) 'Accounling and Reporting by Charilies, issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 04259550 (England and Wales) Reglstered Charity number 1088651 Registered office Units 11-12 Empire House Wakefield Old Road Dew5bury Wesl Yorkshire WF12 8DJ Trustees Umar Shafal Mohammed Maqsood Judith Priestley Linda Summers Lesley Reilly Nathan James Woodhead Nicholas Guy Linfool Carol May McKenna Annie Hinton Chair TreasureT {Resigned 08107120241 (Resigned 0810712024) (Resigned 1810712023) (Appointed 0211012023) Company Secretsry Nick Whillingham Auditors BK Plus Audit Limited Slalulory Auditor Chartered Accounlants 52 Sl Johns Lane Halifax West Yorkshire HX12BW Bankgrg CAF Bank Ltd 25 Kings Hill Avenue Kings Hill Wesl Malling Kent ME19 4JQ Lloyds TSB 75 Commercial Street Balley Wesl Yorkshire WF17 SEQ
KIRKLEES CITIZENS ADVICE & LAW CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Senlor Management T8am Nick Whillingham Lesley Kaye Olivia Sykes Lynne Howarth -chief Executive -operations Manager -Communicalions Manager -HR Manager STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Kirklees Citizens Advice & Law Centre is a charitable company limited by guaranlee. incorporated on 26 July 2001 and registered as a charity on 28 September 2001. The governing documents ale the Memorandum and Articles of Assoclalion. The org2nisalion was previously called South Kirklees Citizens Advice Bureau, then Kirklees Citizens Advice and was originally established in 1936. Recruitment and appolntment of new trustees Trustee Board Members are recruited and appoinled by an open procedure. Newly appointed trustees are provided with a comprehensive induction lo Kirklees Ciliz8ns Advicè & Law Centre through provision of training courses and menloiing by established Iruslees. Ongoing Iraining 15 offered lo fulfil their roles. Organisational structure Kirklees Citizens Advice & Law Centre is governed by ils Iruslee board which is responsible for setting the 51rategic direction of lh8 organisalion and Ihe policy of the charily. The trustees carry the ultimate responsibilily for the condu¢l of the organisation and for ensuring that il satisfies its legal and conlraclual obligations. Full Iruslee board meelings are held al least 6 limes each yeaf as well as an annual strategy day. Separate finance, risk, slaffing and ampaigns subcommittee meetings are held during the year. Day lo day operation of the organisalion is delegated lo the senior management team. The Iruslee board is independent from Ihe senior management team. A register of truslee board membefs Snterests is held al Ihe regislered office and is available lo the public. Kirklees Law Centre became a wholly owned subsidiary of Kirklees Citizens Advice & Law Centre on 1 sl April 2014 and merged fully within Kirklees Citizens Advice & Law Centre on 31 sl March 2019. Related partles Kirklees Citizens Advice & Law Centre is a member of Cib'zens Advice, the operating name of Ihe Nalional Association of Cilizens Advice Bureaux, which provides a framework for standards of advice and casework management as well as monitoring progress againsl these standards. Kirklees Citizens Advic8 & Law Centre is a membef of the Law Cenlres Network ILCN]. the operating name of the Law Centres Federation, which is Ihe umbrella organisalion for Law Cenlres in England and Wales. Operating policies are independently delermined by the Iruslee board of Kirklees Cilizens Advice in order lo fulfil ils charilable objectives and comply with the national membership requirements of Citizen5 Advice and LCN. The org8nis81ion also Go-operales with a numbeT of other advi services, local charities and statutory organisations on behalf of its Glienls. Where a Iruslee is also a member of another organisalion, théy may be involved in discussions involving that organisation. but not in the ultimate decision making prosS. Rlsk management The trustees have a duty lo identify and review the risks to which the charity is exposed and lo ensure appiopiiate ontrols are in place lo provide reasonable assufance against fraud and erior. The organisation has a Risk Assessment and Conlingency Planning policy. All risks are assessed on a quarterly basis. New Of increased risks are assessed as they are identified. Actions are taken lo miligale any significant risks. This includes policies lo ensure the health and safety of staff. volunleers and clients.
KIRKLEES CITIZENS ADVICE & LAW CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES ObjeetiV88 and aims The objectives of the organisalion were amended with the permission of the Charlty Commission on 21 January 2009. These are.. "lo promote any charitable purpose for the public benefit by the advancement of education, the protection and preservation of health and the relief of poverty. sickness and distress in particular, but without limilatlon, for Ihe benefit of the community in Kirklees and sufrounding areas.. Achievements and performance Charitable activities The principal activities carried out by the organisalion during the year were.. As Ihe Lead Body.. Management of subcontracts with Fusion Housing Monitoring own and subconlracloT5' performance and reporting to Kirklees Council Maintaining and developing the Advice Kirklees parlnership As a provider of services: Provision ol a face lo face generalist advice service al 1-3 Brook Street. Huddersfield Provision ol a face lo face generalist advice service al Empire House. Dewsbury Operating contact C8nlre's at the above locations as part ol our model of advice service delivery Sn Kirklees Provision of a telephone advice service for Kirklees Provision of face lo face specialist debt advice al the above locations Provision of face lo face specialisl advice seryices across Kirklees covering the followin9 areas of law.. Asylum, Community Care. Discrimination. Employmenl, Housing and Welfare Benefits Provision of an Employment telephone advice service for Kirklees Provision of face lo face refugee and asylum support servi¢e across Kirklees Provision of a Pension Wise service in Partnership with Citizens Advice Manchester and Citizens Advice Wigan (funded by HM Treasury) Provision of a face to face and telephone service lo support applicants to the EU Settlement Schem8 Provision of a range of community projects, Including outreach advice al community venues across Kirklees. Provision of training and supervision for discrimination and asylum casework servicès in North Yorkshire Referral and signposting of clients lo other advice providers and support agencies Volunleers play a role in the delivery of advice servicgs and also Contribute lo the administration of the organisation. The organisation produced an Annual Report for the year lo March 2021 which provides further delail on the charilable activilies Garried out. and proposes to produce an updated report for thé year to March 2024.
KIRKLEES CITIZENS ADVICE & LAW CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Public beneflt We have referred lo the guidance contained in the Charily Commission's general guidance on public benefit when reviewing our alms and objectives and in planning our future aclivilies. In particular. the Ifuslees wnsidef how planned aclivilies will contribute lo Ihe aims and objectives Ihey have set. OUT main beneficiaries are people living in Kirklees who afe experiencing poverty, deprivation, social exclusion, disability and ill-heallh. The services we deliver online, by telephone and face lo face are designed lo provide informalion and advice lo enable beneficiaries lo understand their rights and enlillemenls and lo provide practical support lo enable Ihem lo access and enforce those rights and enlillements. The majority of our Wofk relates lo social welfare law and. in particular, welfare benefits and debt. Our seiCeS also provide direct connections lo other advice and support services delivered by our partner statutory and voluntary sector agencies where these provKle more appropriate assislance. Success is measured by: Overall, the organisalion has assisted 42,728 people during 2023-24. The number of people assisted compares very favourably to similar organisalions in the sector. We can be confidenl that our service is accessible, effective and good value for money and has been resilient in Ihe face of an unprecedented Crisis. Fac8 lo face services available in key locations across Kirklees. For Ihe year lo March 2024 we have operated a drop-in seiCe in our contact centres bul capacity is limited. We have expanded more complex face lo face work by appoinlmenl. A lelephone advice service available to people calling from Kirklees available Monday lo Friday dufing normal office hours. In addition, a specialist employment advice service is availab18 by telephone. We have maintained our lelephone services and have added additional remote accessibility using email, chal and lexling options. An onlin8 information service available. For this period there were 22,014 unique users of this service, around the same as the previous year. Data calculaling outcomes of our main services In relalion to welfare benefits and debl. For the year lo March 2024 we managed lolal debt lo a value of £8.6 million, and supported new benelil entillemenl lo a value of £8.8 million. Data for clienl salisfaclion which demonslfales Ihal, for the year lo March 2024, 984/0 of clients W8re happy or very happy with the service Ihey received. External independent quality audit by a range of respected bodies has validated the quality of our syslems and procedures and of the advice we provide. We have maintained all accredilalions. Assessment by Citizens Advice rated us al the highest level acros5 all areas. Peer review of our Legal Aid asylum work gave a rare rating of 1 Ioutslandingl for the quality of specialist advice.
KIRKLEES CITIZENS ADVICE & LAW CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnancial revlew Reserves policy Reserves are defined as assets less liabillties. For the purposes of the reserves policy, fixed assets, non-cash a$5els such as work in progress, and pension liability are excluded on the basis Ihal Ihoy do not impact short-lerm liquidity. Restricted reserves are also excluded as they are ringfenced for specific purposes. Reserves may bè r6quired in fLbture lo cover costs in the following snarIO&. some funding is paid late some funding is discontinued lo manage an unforeseen emargen¢y lo provide funds lo explore new beneficial opportunities lo address longer-term liabilities The organisation policy is to relain 2 - 4 months operating costs (based on budgeted foreGasl for the year ahead) as reseNes. Reserves will be monitored by the Trustee Board on a quarterly basis. The reserve5 policy will be formally reviewed by the Tru51ee Board on an annual basis. Strategic objectives are set lo ensure the required reserves are maintained. Al 31 sl March 2024, Ihe level of unrestricted reserves was £607,121, which is equivalent lo 4.3 monlhs budgelèd expendilufe (£1,703,712) based on the fore¢asls for 2024125. The Iruslees have reviewed the level of reserves and have established Ihat they afe compliant with the above policy. The tru51ees feel that th8y would be able to Carry on the charitab18 company's activities in the even ol a significant drop in income. Thè organisation's principal funding sources during 2023124 are shown in nole 3 and Restricted Funds are identifièd in Note 17. All expenditure was incurred in the furtherance of the charilable company's objectives. Reserves and income received in advance are held in inlerest-bearing savings accounts with our bankers. The trustees consider il prudent lo ensure that all reserves are available at short notice. This therefore precludes the use of medium and long leirn inveslments. Charlty: The income for Ihe y8ar to 31 March 2024 lolals £1.752,974 (2023.. £1,595,278). Expenditure lor Ihe year totals £1,760.329 (2023. £1,606,574). The unreslricled funds show a deficit for the year, after Iransfers, of (£7,355) 12023.. Sufplus £223,704) with unreslricled funds al the year end lolalling £895,849 (2023: £903.204). The reslricled fund balances were £Nil (2023.. £Nill. Adjustments for actuarial losses on defined benefil pension scheme5 are a net gain of £Nil for the year, in relation lo the scheme for Kirklees Citizens Advice & Law Cenlre. The Iruslees have followed the guidance of FRS17 in these financial slalements and have obtained a professional valuation of the defined benefit SGheme. The FRS17 valuation shows a surplus, as against large liabilities in previous years. and the trustees have taken a prudent approach in recording a nil asset value al 31 March 2024.
KIRKLEES CITIZENS ADVICE & LAW CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future pertods Future plans and developments Followin9 a significant contraction of services during years of auslerily, core funding stabilised and there has been a period of consolidation alongside exploralion of new opportunilies a5 they arise. In particular, we have been succassful in relaining and increasing contracts for Legal Aid woik which have allowed for dèvelopment of a specialist Housing advice service initially in Kifklees and now expanded to include an oulreachlremole service cove¥ing Calderdale and, more recently, Ihe Leeds Court Duly scheme from August 2023. We have been funded for a refugee and asylum seoker support service and we will maintain core funding for this in 2024-25. We have provided assislan¢e to people needing lo apply to Ihe EU Settlement Scheme Ihrough a project now funded lo March 2025. We have also maintained skills and profile in the area of discrimination law and obtained a Legal Aid contract for Ihis work in 2019. The laller allows for dis¢riminalion related Employment work. We identified a gap in provision relating lo Complèx general casework, particularly where clients have multiple inlerconnecled issues, and we obtained funding in 2023 to address Ihat. We are mindlul of development in digital leGhnology and plan expansion of digital 5ervic8s, including further enhancements 19 our web sile, advice using w8bchal, and potential developm8nt of apps to support advice provision. e are acutely aware Ihal there is a shortage of specialist social welfarè lawyers and Ihal the low level of Legal Aid funding means that il 15 increasingly difficult lo maintain salary levels allraclive lo qualified legal staff. We remain commilled to training new solicitors. lègal executives and advice staff who can support the important areas of social welfarè law we cover and we will continue lo seek funding to support training of advice staff at all levels. We have pul in place a long-term plan for rolling training and development of advice staff and are starting lo see positive mpacls from that. PRINCIPAL RISKS AND UNCERTAINTIES The Trustees maintain a stralegic business plan which is reviewed annually and updated regularly, This contains an analysis of the various associated risk5 and a summary set out in an organisalion risk assessmènl malflx. The organisalional risk assessment matrix assesses potential ¢ons8quences, likelihood. and impaGI. 11 also sets out policies, procedures and systems lo miligale those risks or manage any polenlial impacl on the organisalion should those risks malerialise. The principal risks and uncertainties facing the organisalion include.. L035 of key funding or failure of income streams Inconsislenl cash-flow for Legal Aid work which is paid in arrears when cases are closed Low rates of pay for legal Aid Wofk which increasingly make it difficult lo sustain Failurè to meet quality standards or regulation required by regulalory bodies Breach of systems relating lo security ol data Loss or failure of IT systems Unplanned loss of key slafl Lack of Ifained adviGe workers, particularly at a specialist level.
KIRKLEES CITIZENS ADVICE & LAW CENTRE STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The truslees, who are also the directors of Kirklees Cilizens Advice & Law Centre for the purpose of company law, are responsible for preparing the Truslees, Report and the financial statements in accofdance with applicable law and United Kingdom Accounting Standards (United Kingdom General A¢PIed Accounting Practice). Company Law requires the trustees to prepare financial slalements for each financial year which give a true and fair view of the stat8 of affairs of the charily and of the incoming resources and application of resources, including the income and expenditufe, of the charilable company lor that year. In preparing these financial slalemenls, the trustees are required lo.. select suitable accounting policies and then apply them Gonsistenlly- obseNe the methods and principles in the Charities SORP., make judgements and eslimales Ihal are reasonable and prudent- and prepare the financial slalemenls on the going concern basis unless il is inappropriate lo presume that the charily will continue in operation. The Iruslees are responsible for keeping adequate accounting records that disclose with feasonable accuracy al any lime the financial posilion of the charity and enable Ihem lo ensure Ihal Ihe financial slalem8nls comply with Ihe Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking r8asonable steps for the prevention and detection of fraud arKI other irregularities. In so far as the Iruslee5 are aware.. there is no felevanl audit information of which the charitable ¢ompany's auditors are unaware., and the Iruslees have taken all steps Ihal Ih8y ought lo have laken lo make themselves aware of any r8levanl audit information and lo establish Ihal the auditors are aware of that information. Approved by order of the board of Iruslees on 8/wio and signed on ils behalf by.. hJmfflaJ lknqsooJ Mohammad Maqsood - Trustee
KIRKLEES CITIZENS ADVICE & LAW CENTRE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF KIRKLEES CITIZENS ADVICE & LAW CENTRE Opinion We have audited the financial slalements of Kirklees Citizens Advice & Law Centre (the 'charity'l for the year ended 31 March 2024 which comprise Ihe statement of financial activities. the balance sheet, the slalemenl of cash flows and notes lo th8 financial slalements. including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicabl8 in lh8 UK and Republic of Iroland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial slalemenls.. give a true and fair view of Ihe stale of the charitable company's affairs as at 31 March 2024 and of ils incoming resources and application of resources. for the year then ended., have been properly Prepared in accordance with United Kingdom Generally Accepted Accounting Praclic8', and have been prepared in accordance with the requirements ofthe Companies Act 2006. Basls for oplnlon We conducted our audll in accordance wilh Inlernational Standards on Auditing (UK) IISAS (UK)) and appliGable law. Our responsibilities under those standards are further described in the Audilorfs r&spoiisibililles for the audil of the financial statom8nls section of our report. We are independent of the Gharily in accordance with the ethical requiremenls that are relevant lo our audit of Ihe financial stalemenls in the UK, including the FRC'S Ethical Slandard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that Ihe audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relating to golng concern In auditing Ihe financial slalemenls, we have concluded that the trustees, use of the going conc8rn basis of accountin9 in the preparation of the financial slalements is appropriate. Based on the work we have performed, we have not idenlified any material uncertainlies relating to events or conditions that, individually or collectively, may cast significant doubl on the charity's ability lo ¢onlinue as a going concern for a period of at least twelve month5 from when the linancial slatemenls are authorised for issue. Our responsibi11118s and the responsibilities of Ihe truslees with respect lo going concern are described in the relevant sections of this report. Other Informatlon The other information comprises the information included in the annual report other Ihan the financial statements and our audilols report Ihereon. The Iruslees afe responsible for the other information conlained within the annual report. Our opinion on the financial slalemenls does r)ol cover the other information and we do nol express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, con5id8r whelher the other information is materially inconsistent wilh Ihe financial slalemenls or our knowledge obtained in the course of the audil, or olheNise appears lo be materially misslaled. If we identify such material inconsislencies or apparent material misslalemenls, we are required lo determine whether this gives ris8 lo a material misslalemenl in the financial slalemenls themselves. If, based on the Work we have performed, we conclude Ihat there is a material misstatement of this other infomialion, we are required lo report that fact. We have nothing lo report in this regard. MatterJ on whlch we are required to report by exGeptlon We havè nolhing to report in respect of the following matters in relation lo which the Charities (Accounts and Reports) Regulations 2008 require us lo report to you if, in our opinion.. Ihe informalion given in the financial slalemenls is inconsistent in any maleiial respect with the trustees, report,. or sufficient accounting records have not been kepl., 01 the financial slalem8nt5 are not in agTeemenl with the accounting records., or we have not receivéd all the information and explanations we require for our audit.
KIRKLEES CITIZENS ADVICE & LAW CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF KIRKLEES CITIZENS ADVICE & LAW CENTRE Responsibllitles of trustees As explained more fully in the statement of trustees, responsibilities, the Iruslees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the linancial statements and for being Satisfied Ihal they give a true and fair view. and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial slalemenls that are free from material mis5talemenl, whether due to fraud or error. In preparing the financial slalemenls. the Iruslees are responsible for assessing the charity's ability to continue as a goin9 concern, disclosing, as applicable. matters related lo going concern and using the going concein basis of accounting unless the Iruslee5 either intend to liquidate Ihe charitable company or to cease operations, or have no realistic allernalive but lo do so. Auditor's responsibilities for the audit of the financial ststements We have been appointed as auditor under section 144 of the Charilies Act 2011 and report in accordanc8 with the Act and relevant regulations made or having effect thereunder. Our objective5 are lo obtain reasonable assurance about wh6ther the financial slatemenls as a whole are free from malefial misslatemenl, whether due lo fraud or eiror. and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul is not a guarante8 that an audit conducted in accordance with ISAS {UKI will always delect a material misslatemenl when il exists. Misslalemenls can arise from fraud or error and are considered material il. individually or in the aggregate. Ihey could raasonably be expected lo influence the economic decisions of users taken on the basis of Ihese finanGial 51alemenls. The exlenl lo which our procedures are capable of delecling irregularilies. including fraud. is delailed below. A further descriplion of our responsibilities is available on the Financial Reporting Council's website al.. hllps'.11 www.frc.org.uklaudilorsresponsibililies. This description forms part of our audilorfs report.
KIRKLEES CITIZENS ADVICE & LAW CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF KIRKLEES CITIZENS ADVICE & LAW CENTRE Other matters Ouf approach lo identifying and assessing the risks of material misstalement in respect of irregularities, including fraud and non-compliance with laws and regulations. was as follows.. The engagemeni partner ensured that Ihe engagement team colleclivety had the appropriate competence. capabilities and skills lo identify or recognise non-compliance wilh applicable laws and regulalians: We identified the laws and regulations applicable to the company through discussions with directors and other management. and from our commercial knowledge and experience of the industry sector.. We focused on specific laws and regulations which we considered may have a direct material effect on the financial slalemenls or Ihe operations of the company. including the Companies Act 2006. laxalion legislation and data protection. anli-bribery. employment. environmental and health and safely legislation.. We assessed the exlent ol compliance with the Saws and regulations identified above Ihrough making enquiries of management and inspecting legal correspondence., and Ensured laws and regulations were cornmunicaled within the audil leam regularly and the team remained alert lo instances of non-compliance Ihroughoul the audit. We assessed the susceptibility of the company's financial statements to malerial misstalemenl, including obtaining an undefstanding of how fraud might occur, by.. Making enquiries of manag8menl as lo where they Considered there was a susceptibility lo fraud, their knowledge of actual, suspected and alleged fraud., Considering Ihe internal controls in place to miligale risks of fraud and non-compliance with laws and regulations., and Understanding the design of the company's remuneration policles. To address Ihe risk of fraud through managemenl bias and override of contTo15, Wé; Performed analytical procedures lo identify any unusual or unexpected relalion5hips., Tested Journal entries lo identify unusual transaclions Assessed whether judgements and assumptions made in determining the accounting eslimales sel oul in note 2 were indicalive of polential bias; and Investigated the rationale behind significant or unusual transaclions. In response to the risks of irregularities and non-compliance wilh laws and regulations, we designed procedures which included, but were nol limited lo.. Agreeing financial statement dis¢losure5 to underlying supporting documenlalion., Reading Ihe minLJtes of meelings of those charged with governance: Enquiring of management as to actual and potential litigalion and claims., and Reviewing correspondence with HMRC, relevanl regulators and the company'5 legal advisors. There are inherent limitations in our audit procedures described above. The more femoved that laws and regulations are from the financial Iransaclions, the less likely il is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required lo identify non-compliance with laws arhd regulations lo enquiry of the directors and olher management and the inspection of regulatory and legal correspondence, if any. Material misstatements thal arise due to fraud can be harder to delecl than those that arise from erroT as they may involve deliberate concealmenl or collusion. 10-
KIRKLEES CITIZENS ADVICE & LAW CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF KIRKLEES CITIZENS ADVICE & LAW CENTRE Vse of our r¢port This report is made solely lo the company's members, as a body. in accordance with section 391 of the Companies Acl 2014. Our audil work has been undertaken so that we might slate to the company's members those rnatlers we are required to state lo them in an audilorfs report and for no other Purpose. To Ihe fullest extent pérmilled by law, we do not accept or assume responsibility lo anyone other Ihan the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. BK Plus Audit Limitsd Rivs hucLLt Charterèd Accountants statutory Audltor 52 Sl Johns Lane Halifax Wesl Yorkshire England HX128W BK Plus Audit Limited is eligible for appointment as auditor of the charily by virtue of ils eligibility for appointment 33 auditor of a company under section 1212 of lh8 Companies Acl 2006. 11
KIRKLEES CITIZENS ADVICE & LAW CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unreslricted Restricted funds funds 2024 2024 Total Unrèstrlclod Restricted funds funds 2023 2023 Totsl 2024 2023 Notes Income from: Charitable activities Council and Community Money Advice Service Pension Wise Legal Aid Activities 931,208 157,067 1,088,275 222.711 222.711 134,494 134.494 293.915 742.961 154,500 218.124 105,110 897,461 218,124 105,110 370,050 293,915 370,050 Investments 13,579 13,579 4,533 4,533 Total Income 1.238,702 514.272 1,752.974 1,117,544 477,734 1.595,278 Expendlture on: Charitable activities Council and Community Money Advice Service Pension Wise Legal Aid AGlivilies 922.990 158,164 1.081,154 222,315 222,315 134,532 134,532 309.905 840.619 179.190) 154,867 218,205 105.292 995,486 139.015 105,292 366,781 309.905 366,781 Total charitable expendlturo 1,232,895 515,011 1.747,906 1,128,210 478,364 1,606,574 Other expenditure 10 12.423 12,423 Total expendlturè 1.245,318 515.011 1.760,329 1,128.210 478.364 1,608,574 Net expenditure (6.816) (739) (7.3551 {10.666) {630) 111,2961 Transfers between funds (739) 739 (630) 630 other recognlsed gains and losses: Actuarial gains on defined benefit pension scheme5 235.000 235,000 Net movempnt In funds (7,355) (7,3551 223,704 223,704 Reconcillation of funds: Fund balafices at 1 April 2023 903.204 903.204 679,500 679,500 Fund balances at 31 March 2024 895.849 895.849 903,204 903.204 12-
KIRKLEES CITIZENS ADVICE & LAW CENTRE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 The slalement of financial activities includes all gains and losses recognised in Ihe year. All income and expenditure derive from continuing activities. 13-
KIRKLEES CITIZENS ADVICE & LAW CENTRE BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 12 15,345 30,327 Current assets Debtors Cash at bank and in hand 13 421.865 565.354 408,737 615,285 987.219 1.024,022 Credltors: amounts lalllng due wlthln ono year 15 (106,715) {151,1451 Nat current assets 880.504 872,877 Total assets1088 current liabllities 895,849 903,204 Net assets excludlng ponslon liability 895,849 903,204 The funds of the charlty Unreslricled funds 895,849 903,204 895.849 903,204 The company is enlilled lo the exemption from Ihe audlt requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024, although an audit ha5 beon carried out under seclion 144 of lh8 Charities Act2011. The directors acknowledge Iheif responsibilities for complying with Ihe requirements of the Companies Act 2006 with fe5pect lo accounling records and Ihe preparalion of financial slalements. The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476. These financial slalemenls have been prepared in accordance with the provisions applicable to companies sublecl lo the small companies regime. The financial slalements were approved by the trustees on M Maqsood (Treasurer) Trustee Company registration number 04259550 (England and Wales) 14-
KIRKLEES CITIZENS ADVICE & LAW CENTRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Not85 Cash flows from operating activlties Cash (absorbed by)Igeneraled from operations 21 (63,510) 158,949 Investing actlvitie$ Inveslm8nl income received 13,579 4,533 Net cash generated from Investlng a¢tivities 13.579 4,533 Net Gash used in flnancing activitles Net Id8creasollin¢rease In Cash and cash equivalonts (49,9311 163,482 Cash and cash equivalents al beginning of year 615.285 451,803 Cash and cash equivalents at end of year 565,354 615,285 The notes on pages 16 to 29 form part of these financial staternenls. 15-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charfty Informat40n Kirklees Citizens Advice & Law Centre is a private company limited by guafanlee incorporated in England and Wales. The registered office is Units 11-12 Empife House Wakefield Old Road Dewsbury Wesl Yorkshire WF12 8DJ 1.1 Accountlng conventlon The financial slalemenls have been Prepared in accordance wilh the ¢harily's Igoverning documenll, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the Charilies SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo chaflties preparing their accounls in a¢cordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" leffeclive 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial slalements are prepared in sterling, which is Ihe functional currency of Ihe charity. Monetary amounts in these financial slalemenls are rounded lo the nearest £. The financial statements have been prepared under the historical c05t convention. Imodified lo Include the revaluation of fieehold properties and to include inveslmenl properlies and certain financial instruments al fair valuel. The principal accounting policies adopted are sel out below. 1.2 Going concern Al the time of approving the financial statements, Ihe Iruslees have a reasonable expeGlalion that Ihe charity has adequate resources lo conlinue in operalional existence for the foreseeable future. Thus the Iruslees continue lo adopt the going concern basis of accounting in preparing the financial slalemenls. 1.3 Charltable fund8 Unreslricled funds ar8 available for use al the discretion of Ihe Iru5tees in furtherance of their charilablg objectives. Restricted funds are Subject to specific conditions by donors or grantors as to how Ihey may be used. The purposes and uses of the restricted funds are sel out in the noles lo the financial slalemenls. Endowmenl fund5 are subjeGI to specific condtlions by donors Ihal the capilal must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally enlilled lo il after any performance condilions have been mel, the amounts Gan be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has be8n notified of the donation. unless performance condilions require deferral of the amount. Income lax recoverab18 in relation to donations received under Gift Aid or deeds of covenant is recognised al the tirne of the donation. Legacies are recognised on receipt or otherwise if the charily has been nolified of an impending dislfibulion, the amount is known. and reGeipl is expected. If the amount is not known. Ihe legacy is Irealed as a conlingenl asset. 16-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policie$ (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or con51ruclive obligation to transfer economic benefil lo a third party, il is probable that a tiansfer of economic benefits will be required in selllement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct cosls and shared cosls, including support costs involved in undertaking each activity. Direct cosls allfibulable lo a singl8 activity are allocated directly to that aclivily. Shared costs which contribute lo more than on9 acllvily and support costs which are not allribulable to a single activity are apportioned between Ih05e activities on a basis consistent with the use of resources. Cenlral staff costs are allocated on Ihe basis of lime spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tanglble fixod assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Dèpfecialion is recognised so as lo write off the cost or valuation ol assels less their residual values over their useful lives on the following bases.. Leasehold improvements Fixtures and fittings Computers Over the term of the lease Straight line over 4 yeais 15 year5 100°/o on cost The gain 01 loss arising on the disposal of an asset is determined a5 the difference befvrfeen the sale proceeds and the carrying value of the asset, and is recognised in the slalemenl of financial aclivilies. 1.7 Impalrment of fixed assets At each reporting end dale, Ihe charity reviews the carrying amounts of ils tangible assets lo delefmin8 whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amounl of the asset is e51imaled in order to delermine the exlenl of the impairment loss (if any). 1.8 Cash and Gash equivalents Cash and cash equivalents include cash in hand. deposits held al call with bank5, other short-term liquid inveslmenls with original maturilies of Ihree months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financlal instruments The charity has elected to apply the provisions of Section 11 '8asic Financial Inslfuments, and Sèclion 12 'other Financial Instrum8nts Issues. of FRS 102 lo all of its financial instruments. Financial instruments are recognised in the charily's balance sheal when the charity becomes party lo Ihe conlfactual provisions of Ihe inslrumenl. Financial assets and liabilities are offsel, with the nel amounts presented in the financial slalements, when there is a legally enforceable right lo set off the recognised amounts and Ihere is an intention lo sellle on a nel basis or lo realise the asset and settle Ihe liability simultaneously. 17-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Icontlnued) Baslc linancial assets Basic financial assets. which include debtors and cash and bank balances, are initially measured at Iran5aclion price including tiansaction costs and are subsequently carfied al amortised cost using the effective inleresl method unless Ihe arfangemenl conslilules a financing transaclion, where the Ifansaclion is measured at the present value of the future receipls discounted at a market rate of interest. Financial assets classified as receivable within one year are nol amortised. Basic flnanclal liablll¢les Basic financial liabilities, including credilors and bank loans are initially fecognised at Iransaclion price unless the arrangement constitutes a financing Iransaclion. where Ihe debt instrument is measured al Ihe present value of the future payments discounted al a market rale of interest. Financial liabilities classified as payable within one year are not amorlised. Debt instruments are subsequently carried at amortiS8d cost. using the effeclive in18resl rale method. Trade creditors are obligalions lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade credilors are recognised initially al transaction price and subsequently measured al amortised cost using the eff8Ctive interest method. Derecognition of flnancial liabilllles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee benèflts The eosl of any unused holiday enlillement is recognised in the period in which Ihe employee's services are received. Termlnalion benefits are re¢ognised imm8dialely as an expense when the charily is demonsliably commilled to terminate the employment of an employee or to provide lerrninalion b8nefit5. 1.11 Retlremont beneflts Payments lo defined contribution retirement b8nefil schemes are Gharged as an expense as they fall due. Critical a¢¢ounting estlmates and judgements In the application of the charity s accounling policies, the trustees are required lo make judgements, eslimales and assumptions about the carrying amounl of assets and liabilities that are not readily apparent from other sourcès. The eslimale5 and associated as5umplions are based on historical experience and other factors that are Gonsidered lo be relevant. Actual results may differ from these eslimales. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in Ihe period in which Ihe estimate is revised where Ihe revision affecls only that period, or in the period of the revision and future periods where the revision affects bolh current and future periods. 18-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activities Unrestricted Restricted funds funds 2024 2024 Total Unrestrlcted Restricted funds funds 2023 2023 Total 2024 2023 Council and Community Project income Miscellaneous income 931,208 157,067 1.088,275 711,131 31,830 154,500 865.631 31,830 Money Advlce Sorvlco Project income 222.711 222.711 218,124 218,124 Penslon Wlse Project income 134,494 134,494 105,110 105,110 Legal Aid Actlvlllos Project income 293,915 293.915 370,050 370,050 1,225,123 514,272 1,739,395 1,113,011 477,734 1,590,745 Income from invèstments Unrestricted Unrestricted funds fund5 2024 2023 Interest receivable 13,579 4,533 19-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on charltablo actlvities Council and Community Money Advice Serwicg 2024 Pènsion Wise Legal Aid Activities Totsl 2024 2024 2024 2024 Direct costs Staff costs Deprociation and impairment Premises costs Office costs Staff and volunteer costs Governance Other costs 630,526 2.558 102.294 109,190 16,110 12.621 195,901 160.182 109,420 261,959 1,162,087 2,558 152,878 158,414 23,689 25,833 210,493 24,422 27.084 3.368 7,236 23 12,229 9,591 976 2.308 13,933 12.549 3,235 3,668 14.561 1,069,200 222.315 134.532 309,905 1.735,952 Share of $upport and governance costs Iseo note 6) Support 11,954 11,954 1,081,154 222.315 134,532 309,905 1,747,906 Analysi3 by fund Unrestricted funds Restricted funds 922,990 158,164 309,905 1,232,895 515,011 222,315 134,532 1,081,154 222.315 134,532 309,905 1,747,906 -20-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on charitable activities (Continugd) Prevlous Period: Council and Community Money Advice Servlce 2023 Pension Wiso Legal Aid Activlties Total 2023 2023 2023 2023 Direct costs Slaff costs Depreciation and impairment Premises cosls OffiGe costs Staff and volunteer costs Governance Other costs 621,394 10.834 71.893 93,195 15.648 7.484 165.705 77,675 73.739 313.502 1,086,310 10,834 131,481 145,580 18,961 20,510 183,565 27,395 26.881 2,643 4,396 25 17,628 12.032 14,565 13,472 670 6,747 17,825 1,883 10 986.153 139.015 105,292 366.781 1,597,241 Share of support and govgrnance costs (See note 6) Support 9.333 9.333 995,488 139,015 105,292 366,781 1,606,574 Analysig by fund Unrestricted funds Restficled funds 840.619 154,867 (79,190) 218,205 366,781 1,128,210 478,364 105,292 995.486 139.015 105,292 366,781 1,806,574 Support costs allocated to aclivitles 2024 2023 Governan costs 11,954 9,333 Analy$ed between: Council and Communily 11,954 9,333 Net movemenl in fund5 2024 2023 The net movement in funds is slated after chaTgingl(credilingl'. Fees payable for the audit of the charity's financial stalemenls Depreciation of owned tangible fixed assets Loss on disposal of tangible fixed assets 10,200 2,558 12.423 9,226 10,834 21
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Trustaes None of the Iruslees (or any persons connected with them) Teceived any remuneration or benefits from Ihe charity during Ihe year. During the year the charity has laken oul 1ruslees indemnity insurance, the cosl shown in these accounts is £82512023 £7991 Employeos The average monthly number of employees during the year was= 2024 Number 2023 Number ServiGe staff Administrative staff Management Volunteers 37 36 28 26 Total 70 72 Employment cosls 2024 2023 Wages and salaries Social security costs Other pension costs 1,003.903 78,666 79,518 930,335 79,190 76,785 1,162,087 1,086,310 The charity had 26 registered volunteers dufing the year ended 31 March 2023 bul only 22 actively volunteered. There were no employees whose annual remuneration was more than £60.000. Remuneratlon of key management personnel The remuneration of key management personnel was as follows.. 2024 2023 Aggregale compensation 160,679 151,046 -22-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 10 Other expendlture Unrestrlcted UnrestrlGted funds funds 2024 2023 Nel loss on disposal of langible fixed as5els 12.423 11 Taxation The charity is exempl from laxation on ils activities because all ils incom8 is applied for charitable purposes. 12 Tangiblo flxed assets L•asohold Flxtur•s and lrnprovemgnts flttlng8 Computor¥ Total Cost Al 1 April 2023 Disposals 276.474 (74.521) 23,286 28,089 327,849 {74,521) Al 31 March 2024 201,953 23,286 28,089 253,328 Depreclation and Impalrment AI 1 April 2023 Depreciation charged in the year Eliminated in respect of disposal8 246,148 2.558 (62,098) 23,286 28,089 297,523 2,558 (82,098) Al 31 March 2024 186.608 23,286 28,089 237,983 Carrying amount Al 31 Maich 2024 15,345 15,345 Al 31 March 2023 30,327 30.327 13 Debtors 2024 2023 Amounts falling due wlthin one year: Trade debtors Other debtors Prepaymenls and accrued income 66,947 273.383 81.535 55,778 327,643 25,316 421,865 408,737 -23-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Finance lease obligations Future minimum lease payments due under finance lease5'. 2024 2023 Within one year Within two and five years In over five years (84,186) (208,000) {52,000) {103,4791 1240,186) (104,000) {344,186) 1447,665) 16 Crodltors: amounts falling due wlthin one year 2024 2023 other taxation and social security Trade Creditors Other creditors Accruals and deferred income 31,825 7,906 10,597 56,387 35,862 8,399 802 106.082 106,715 151,145 16 Retirement boneflt 6Ghem8s 2024 2023 Doflned contrlbutlon $¢heme8 Charge lo profil or loss in Tespecl of defined contribution schemes 79,518 76,785 -24-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Retirement benefit schemes (Continued) Employ89 Benefit Obllgations The Wesl Yorkshire Pension Fund Scheme is funded and ts contracted out of the slate scheme. The last Iri- annual valuation of the scheme look place al 31 March 2022 and was undertaken by professionally qualified actuaries. Aon Solutions UK Lld. using the Pfojected unit method. The Charity has paid for a valualion of the scheme at 31 March 2024 and the figures below are based on Ihat valuation. The notional value of the assels of the charity's share of Ihe scheme at 31 March 2024 was £1.206,000', the Pfesent value ol liabilities was £988,000 leaving a nel pension asset of £218,000 al 31 March 2024. This is nol recognised in these accounts, in line wilh FRS 102. on the basis the assel is not recoverable by reduced conlribulions or refunds lo Ihe plan. The valuation as al 31 March 2024 includes comparative year information for the Scheme as al 31 March 2023. Contrlbutions The employer Gonlribulions made to the Scheme dufing the year were £5,000 (2023 . £6,000). £Nil was unpaid at the year end. The employers regular contributions to Ihe Fund for the accounting period ending 31 March 2024 are eslimaled lo be approximately £2,000. Key assumptions The latest actuarial valuation ol the Charity's liabilities took place as al 31 March 2024 Liabilities have been eslimaled by th8 independent qualified actuary on an acluaiial basis using the proiecled unil credil method. The principal assumptions used by the actuary in updating th8 lalesl valuation of the Fund for FRS 17 purposes were.. 31 March 2024 31 March 20 Discount rale Inflation - CPI Pension increases Pension accounts revaluation rate Rale of genefal increase in salanes 8cted return on assets The approximate split of assets for the Fund as a whole (based on dala supplied by the Fund Administering Aulhorilyl is shown in Ihe table below. Also shown are the assumed rates of return adopted by the Employer for the purposes of FRS 102. The charity employs a building block approach in determining the rale of return on Fund a55els. Hislorical markets are studied and assets with higher volalilily are assumed lo generate higher returns consislenl with widely accepted capital markei principles. The assumed rate of return OD each asset class is set oul within thi3 note. The overall fate of return on assets is then derived by aggregating the expected return for each asset class over the actual asset allocation for the Fund at 31 March 2024. 31 March 2024 31 March 2023 4.80 2.60 2.60 4.70 2.70 2.70 2.70 3.85 3.95 Equities Property Government bonds Corporate bonds Cash other Average Return l Totsl 79.4 80.8 100.0 100.0 25-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Retiremont beneflt schemes (Continued) Reconciliatlon of funded status to Balance Sheet Value as al 31 March 2024 £OOO's 1,206 (9881 218 (218) Value a5 al 31 March 2023 £OOO's 1,129 (989) 140 {140) Fair value of assels Present value of funded liabilities Pension asseU(liabilily) Unrecognised asset due lo uncertainty of recovery Net ponsion assetl{liabllity) sis of rofit and loss char Anal Period endin 31 March 2024 £OOO's 15 Period endin 31 March 2023 OOO'S Current service cost Past service cost Inler8St cost Expected return on ass8ls Curtailment cost Settlement cost Expense recognised 21 {7) 28 Cha stothe resen lue of Ilabililies urln the accoun eriod Period endin 31 March 2024 Opening presenl value of liabilities Current service cost Interest cosl Contributions by participants Acluarial (gains) I losses on liabililies Nel bengfits pald out Past service cost Nel increase in liabilities from disposals and acquisitions Curtailments Settlements Closlng prosent value of liabilil¢es s to the falr value of a$sots durin 989 15 46 (411 (25) 988 Ch the accountln erlod Period endin 31 March 024 £OOO's 1,129 53 (40) Opening faif value of assets Interest income on assets Actuarial gains I Ilossesl on assels Conlribulion5 by the employer Contributions by participants Nel benetils paid out Nel increase in assets from disposals and acquisitions Selllements Closlng fair value of assets (251 1,206 -26-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Restrlcted fund The reslricled funds of the charity comprise Ihe unexpended balances of donations and grants held on Irust subject10 Specific conditions by donors as to how they may be used. At 1 April 2023 Incoming Rosource5 resources expended Transfers At 31 March 2024 Mongy Advice Service Pension Wise EU Selllemenl Council Hong Kong Yorkshire Building Society 222.710 134,494 59,369 49,605 48.094 1222,3161 (134,532) (60.350) 149,603) (48,210> {394) 38 981 (2) 116 514,272 (515,011) 739 Prevlou8 Period: At 1 Aprll 2022 Incomlng RoJoue3 resources expended Transfers At 31 March 2023 Money Advice Service Pension Wise EU Selllemenl Council Hong Kong Yorkshire Building Society 218.124 105,110 84.500 43,000 27,000 (218,205) {105,292) (84.772> (42.958) (27.139) 81 182 272 (441 139 477,734 (478,3641 630 Money Advlce Servlce Money Advice Service lo offer a specialisl debt advice seNice. Penslon Wise Government funded guidance Service to help people understand their defined conlribulion pension oplions. EU Settlemènt Council Project to assist EU cilizens lo apply for settled status under Ihe EU Selllem8nt Scheme. Funded by Home Office. Hong Kong This funding stream supports bi-lingual (Cantonese) caseworker to provide advice and information lo people who have come to the UK from Hong Kong and Settled in the Yorkshire region. Yorkshire Building Soclety This funding provides in-person genefalisl advice deSivered from the YBS premises in Dewsbury and Huddersfield. Transfers between funds The transfers beeen funds al the year end, represenl the transfer of the balances on funding streams Ihat either the charity has to finance from unrestricted funds or is enlitled to take Credit for the surplus. -27-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Unreslricted funds The unreslricled funds of Ihe charity comprise the unexpended balances of donations and grants which are not subject lo specific conditions by donors and gfantors as lo how they may be used. These include designated funds which have been sel aside oul of unreslricled funds by the Iruslees for specific purposes. Transfers At 31 March 2024 At 1 April 2023 Incomlng Re¥ourGes resour¢o5 expended General funds 903,204 1.238,702 (1,245.318) (739) 895.849 Prevlous Pgrrod: Al 1 Aprll 2022 Incoming resources Resouree8 expended Transfern At 31 March 2023 General funds 679,500 1.117.544 (1,128,210) 1630) 668,204 19 Analy81s of net assfjts between fund8 Unrestricted funds 2024 At 31 March 2024: Tangibl8 assels Current assetsl(liabilities) 15,345 880.504 895,849 Unrestricted funds 2023 At 31 March 2023: Tangible assets Current asselsl(liabililies) 30,327 872,877 903,204 20 Related party transactions There were no disclosable related party transactions during the year (2023 - none). -28-
KIRKLEES CITIZENS ADVICE & LAW CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Cash generated from operatlons 2024 2023 IDeficit)Isurpus for the year (7,3551 (11,296} Adjustments for.. Investment income recognised in slatemenl of financial aclivilies Los5 on disposal of tangible fixed assels Depreciation and impairment of tangible fixed assets (13.579) 12.423 2.558 (4,533) 10,834 Movements in working capital.. (Increaselldecrease in deblois (Decreasellincrease in creditors (13.127) 144,4301 149,619 14,325 Cash (absorbed by}Ig•nerated from operations 163,510) 158,949 22 Analysis of changes in ngt funds The charity had no material debt during the year. -29-
Document Activity Report Document Sent Mon. 18 Nov 2024 15'.47.'03 GMT Document Actlvity Hlstory Documont hlstory shows fflosl recent activity first Date Actlvity Thu, 28 Nov 2024 23.14'.15 GMT Mohammad Maqsood Approved the document Thu, 28 Nov 2024 23'.11'.02 GMT Mohammad Maqsood viewed the document Tue, 28 Nov 2024 21..10'.59 GMT Mohammad Maqsood viewed the document Mon, 18 Nov 2024 15..52'.32 GMT Document Sent You can verify that this is a genuine Portal document by uploading it to the following secure web page.. httP5:Ilbkplus.accountantspa¢e.co.uklmessageslVerifyDocument