2023-03-31-accounts - Cyngor Ar Bopeth Powys Citizens Advice Bureau

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			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	11
Independent Examiner's	Report		12
Statement of Financial	Activities
Balance Sheet		14	to	15
Cash Flow Statement			16
Notes to the Cash Flow	Statement		17
Notes to the Financial Statements		18	to	25

TRUSTEES		C Thomas Chair
		D Ryan Vice Chair
		J Kearle Treasurer
		J Hankins
		T Butler
		M C Harvey
		P R Swenson
		SJKearle
		SEEvans (appointed 10.5.22)
COMPANY SECRETARY		YE Bell
REGISTERED	OFFICE	Ladywell House
		Newtown
		Powys
		SY161QS
REGISTERED	COMPANY	04265661 (England	and Wales)
NUMBER
REGISTERED	CHARITY	1094263
NUMBER
INDEPENDENT	EXAMINER	Morgan Griffiths LLP
		Chartered Accountants
		Cross Chambers
		9 High Street
		Newtown
		Powys
		SY162NY
BANKERS		NatWest Bank Pic
		Broad Street
		Newtown
		Powys
		SY162LY

						31.3.23	31.3.22
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	F	F		E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				25		25	160
Charitable activities
Provision ofAdvice	8 Information			83,204	453,283	536,487	553,980
Investment income				1,170		1,170	49
Total				84,399	453,283	537,682	554,189
EXPENDITURE ON
Charitable activities
Provision ofAdvice	& Information			84,159	452,877	537,036	527,612
Net gains on investments				175		175	180
NET INCOME				415	406	821	26,757
RECONCILIATION	OF FUNDS
Total funds brought	forward			285,523	9,168	294,691	267,934
TOTAL FUNDS CARRIED FORWARD				285,938	9,574	295,512	294,691

		Balance Sheet
		31 March 2023
			31.3.23	31.3.22
		Notes		6
FIXEDASSETS
Tangible assets		12	573	765
Investments		13	1,621	1,446
			2,194	2,211
CURRENT ASSETS
Debtors		14	24,138	8,652
Cash at bank and	in hand		352,834	338,836
			376,972	347,488
CREDITORS
Amounts falling due within one year		15	(83,654)	(55,008)
NET CURRENT ASSETS			293,318	292,480
TOTAL ASSETS	LESSCURRENT
LIABILITIES			295,512	294,691
NET ASSETS			295,512	294,691
FUNDS		18
Unrestricted funds			285,938	285,523
Restricted funds			9,574	9,168
TOTAL FUNDS			295,512	294,691

							31.3.23	31.3.22
						Notes	E	E
Cash flows from		operating		activities
Cash generated	from operations					1	13,007	101,001
Net cash provided		by operating			activities		13,007	101,001
Cash flows from		investing	activities
Interest received							991	10
Net cash provided		by investing		activities			991	10
Change in cash		and cash	equivalents
in the reporting		period					13,998	101,011
Cash and cash	equivalents			at	the
beginning ofthe		reporting	period				338,836	237,825
Cash and cash	equivalents			at	the end
ofthe reporting		period					352,834	338,838

RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
				31.3.23	31.3.22
				6	E
Net income for the	reporting		period (as per the Statement of
Financial Activities)				821	26,757
Adjustments for:
Depreciation charges				191	255
Gain on investments				(175)	(150)
Interest received				(991)	(10)
(Increase)/decrease	in debtors			(15,485)	91,557
Increase/(decrease)	in creditors			28,646	(17,408)
Net cash provided	by operations			13,007	101,001
ANALYSIS OF CHANGES		IN NET FUNDS
			At 1.4.22	Cash flow	At 31.3.23
				E	f
Net cash
Cash at bank and in	hand		338,836	13,998	352,834
			338,836	13,998	352,834
Total			338,836	13,998	352,834

2.	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES
							31,3,23 f	31.3.22 f
	Donations						25	160
3.	INVESTMENT INCOME
							31.3.23 f	31.3.22
	Dividends						179	39
	Deposit account interest						991	10
							1,170	49
4.	INCOME FROM CHARITABLE ACTIVITIES
				Activity			31.3.23 f	31.3.22 f
	Other contributions			Provision ofAdvice		& Information	1,239	3,663
	Grants			Provision ofAdvice		& Information	535,248	550,317
							636,487	553,960
	Grants received, included		in	the above, are as follows:
							31.3.23	31.3.22 f
	Powys CC - Core Grant						51,204	51,205
	Town & Community Councils						971	1,170
	Powys Teaching Health	Board					2,919	7,861
	Henry Smith Charity						43,725	59,700
	PCC - Empowerment Through				In-house Advice		26,500	25,000
	Gwendoline &Margaret	Davies			Charity		2,500	3,000
	Newtown Town Council						4,370	8,119
	GITA- Help to Claim							45,590
	British Gas Energy Trust	-	Warmer Wales					20,034
	WG Advicelink Community		Focused				131,881	126,809
	WG Advicelink Specialist						92,082	88,540
	PCC Homeless							5,600
	PAVO Social Development		Fund				3,194	8,882
	Laura Ashley Foundation							9,951
	PAVO Voluntary Sector Support							5,998
	WG Advicelink & Claim What's				Yours		32,185	53,050
	Kickstart							1,433
	Moondance						21,188	28,375
	GITA Warmer Wales Energy						41,500
	Trussell Trust Foodbank	Extra					22,427
	Basic Income Pilot						24,789
	Powys CC Ukranian Support						21,963
	MAPS Financial Well-being			Forums			9,350
	Access Partner Fund						2,500
							535,248	550,317

					Direct	Support
					Costs (see	costa (see
					note 6)	note 7)	Totals
						F	E
	Provision ofAdvice & Information				526,466	10,570	537,036
6.	DIRECT COSTS OF CHARITABLE ACTIVITIES
						31.3.23	31.3.22
						E
	Staff costs					476,825	461,460
	Rent					20,636	23,653
	Insurance					3,574	4,389
	Telephone,	Post & Stationery				13,239	13,638
	Travel					2,755	435
	Training/recruitment					1,306	2,641
	GITA information					6,356	3,365
	Computer costs					1,584	11,103
	Depreciation					191	255
						526,466	520,939
7.	SUPPORT COSTS
						Governance
					Management	costs	Totals
					E	E	F
	Provision ofAdvice & Information				7,510	3,060	10,570
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated after charging/(crediting):
						31.3.23	31.3.22
						E	E
	Depreciation	- owned assets				192	255
	Other operating		leases			20,636	23,653

The avera	ge monthly	num	ber of	em	during the	year was	as follows:
								31.3.23		31.3.22
Service Providers									20	19
Administration									2	2
									22	21
The charity considers its 10.The total employment			key management personnel benefits including employer			comprise pension	the senior management contributions of the key			listed on pag management
personnel	for the year	ended 31		March 2023were 6122,779(2022:5122,293).
COMPARATIVES FOR THE STATEMENT					OF FINANCIAL ACTIVITIES
						Unrestricted		Restricted		Total
							funds		funds	funds
							5		E	6
INCOME	AND ENDOWMENTS			FROM
Donations	and legacies						160			160
Charitable	activities
Provision	ofAdvice &	Information					76,451	477,529		553,980
Investment	income						49			49
Total							76,660	477,529		554,189
EXPENDITURE ON
Charitable	activities
Provision	ofAdvice 8	Information					50,083	477,529		527,612
Net gains	on investments						180			180
NET INCOME							26,757			26,757
Transfers	between funds						728		(728)

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	ACTIVITIES - continued	ACTIVITIES - continued
			Unrestricted	Restricted	Total
			funds	funds	funds
				E	F
	Net movement in funds		27,485	(728)	26,757
	RECONCILIATION	OF FUNDS
	Total funds brought	forward	258,038	9,896	267,934
	TOTAL FUNDS CARRIED FORWARD		285,523	9,168	294,691
12.	TANGIBLE FIXEDASSETS
					Fixtures
					and
					fittings
					E
	COST
	At 1 April 2022 and	31 March 2023			25,651
	DEPRECIATION
	At 1 April 2022				24,886
	Charge for year				192
	At 31 March 2023				25,078
	NET BOOK VALUE
	At 31 March 2023				573
	At 31 March 2022				765
13.	FIXEDASSET INVESTMENTS
					Listed
					investments
					6
	MARKET VALUE
	At 1 April 2022				1,446
	Revaluations				175
	At 31 March 2023				1,621
	NET BOOK VALUE
	At 31 March 2023				1,621
	At 31 March 2022				1,446
	There were no investment assets outside the UK.

14.	DEBTORS:	AMOUNTS	AMOUNTS	AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
											31.3.23	31.3.22
											f
	Prepayments	and accrued				income					24,138	8,652
15.	CREDITORS:		AMOUNTS			FALLING DUE WITHIN		ONE YEAR
											31.3.23	31.3.22
											f
	Trade creditors										1,088	1,057
	Social security		and other		taxes						6,635	8,492
	Accruals and	deferred		income							75,931	45,459
											83,654	55,008
16.	LEASING AGREEMENTS
	Minimum lease		payments			under non-cancellable	operating		leases fall due as follows:
											31.3.23 f	31.3.22 f
	Within one year										21,848	21,848
17.	ANALYSIS OF		NET ASSETS BETWEEN FUNDS
											31.3.23	31.3.22
						Unrestricted			Restricted		Total	Total
							funds f			funds	funds f	funds
	Fixed assets							573			573	765
	Investments						1,621				1,621	1,446
	Current assets					367,398				9,574	376,972	347,488
	Current liabilities						(83,654)				(83,654)	(55,008)
						285,938				9,574	295,512	294,691
18.	MOVEMENT	IN FUNDS
											Net
											movement	At
									At	1.4.22	m funds	31.3.23
												f
	Unrestricted	funds
	Core fund								285,523		415	285,938
	Restricted funds
	MAPS Redundancy									9,168		9,168
	WG Advicelink		&Claim	Whats Yours							75	75
	Basic Income	Pilot									331	331
										9,168	406	9,574
	TOTAL FUNDS								294,691		821	295,512

Net movement	in f	u	nds, inc	lude	d	in the ab	ove are as follo	ws:
							Incoming	Resources	Gains and	Movement
							resources f	expended f	losses f	in funds f
Unrestricted	funds
Core fund							84,398	(84,158)	175		415
Restricted funds
Henry Smith							43,725	(43,725)
Empowerment							26,500	(26,500)
WG Advicelink	Community			Focused			131,881	(131,881)
WG Advicelink	Specialist Debt						70,701	(70,701)
WG Advicelink	Specialist						21,381	(21,381)
WG Advicelink	&Claim Whats				Yours		32,185	(32,110)			75
Social Value Forum			Development			Fund	3,194	(3,194)
Moondance -	Powys		Energy	Specialist			21,188	(21,188)
GITA Moondance		Energy					41,500	(41,500)
Foodbank							22,427	(22,427)
Basic Income	Pilot						24,789	(24,458)			331
Powys CC Ukranian			Support				1,963	(1,963)
MoneyAdvice	and	Pension		Service-
Financial well-Being			Forums				9,350	(9,350)
Access Patner Fund							2,500	(2,500)
							453,284	(452,878)		406
TOTAL FUNDS							537,682	(537,036)	175		821
Comparatives	for	movement			in	funds
								Net	Transfers
								movement	between	Al
							At 1.4.21 f	in funds f	funds f	31.3.22 f
Unrestricted	funds
Core fund							258,038	26,757	728	285,523
Restricted funds
Legacy							728		(728)
MAPS Redundancy							9,168			9,168
							9,896		(728)	9,168
TOTAL FUNDS							267,934	26,757		294,691

Comparative net movement	in fun	ds, inclu	ded in the abov	e are as fogows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				6	E	F
Unrestricted funds
Core fund			76,660	(50,083)	180	26,757
Restricted funds
Henry Smith			59,700	(59,700)
Empowerment			25,000	(25,000)
WG Advicelink Community	Focused		126,809	(126,809)
WG Advicelink Specialist			88,540	(88,540)
GITA- Help to Claim			45,590	(45,590)
British Gas Energy Trust-	Warmer
Wales			20,034	(20,034)
WG Advicelink & Claim Whats Yours			53,050	(53,050)
PAVO Voluntary Sector Support			5,998	(5,998)
Social Value Forum Development		Fund	8,882	(8,882)
PCC Homeless			5,600	(5,600)
Laura Ashley Foundation			9,951	(9,951)
Moondance Covid 19Relief Fund			28,375	(28,375)
			477,529	(477,529)
TOTAL FUNDS			554,189	(527,612)	180	26,757