2023-03-31-accounts - Brighton And Hove Citizens Advice Bureau

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Report nf the Trustees
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow' Statement
Notes tothe Financial Statements	12	to	22
detailed Stntement ofFinancial Activities

STATKMKNT OFF ANCIAL ACTIVITIE FORTHK YEAR K Kil31~CH 2023	S
				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	funds	6nids	funds
INCOMK AN9 ENDO%'MKNTS FROM
Donations and legacies				9,425
Charitable activities
Advice
Other trading activities Investment inconie	3 4	2,092 4178	-	2,092 4178	3,224 43
Total		373,067	233,601	668 368	601 '168
KXPKNIMTIJRK ON
Charitable activities Advice NXT INCOME/(EXPKNDITURK)			298,492 (2,991)	652,846 15,712	513,404 (11,636)
Other recognised gains/(4sses) Actuarial gains on defmed benefit schemes		276,000		276,000	243,000
Net tnovetnent in funds		294,703	(2,991)	291,712	23l,364
RKCONCILIATION OFFUNDS
Total funds bronght forward				655,851
TOTAL~$CAIIIUED FORWARD

				2023
		Unrestricted	Restricted	Total
		funds	6mds	funds
CURRENT ASSETS
Debtors		45,378			26,644
Cash atbank and in hand		477459			411546
				(204,001)	(209,339)
TOTAL ASSETSLESSCURRENT
LIAIILITIKS		318,835		323,563	228,851
PENSION ASSET	16	624,000		624,000	427,000
NET ASSETS		947,955	4776	947,563	655 957
	15
				942,835
				4,728
				947,563

			Notes
Cash floors from operating activities
Cash generated from operations
Net cash provided by operating	activities
Cash Aors from investing activities
Interest received
Net cash provided by investing	activities
Change in cash and cash equivalents the reporting period,		in		70,640	96,755
Cash and cash eqnivalents at the beginning ofthe reporting period				411546	3'l4 791
Cash and cash equivalents at	the end	of
the reporting perh@i			2

Wet incomel(expenditure) for the reporting Statement ofFinnnciai Activities)	period (asper the		(11,636)
Adjustments for; Interest received. Increase in debtors (Decrease)iincrease in creditors Difference between pension chere and cash	contributions	(3,362) (18,735) (5,337) 79000	(45) (7,324) 108,715 7,000
Net cash provided by operations

FOR	AR ENDED 31MAR 2023
2.	DONATIONS AND LEGACIES
	Donations
	Employment allowance
	Miscellaneous income
		2023
	Rents received	816
	Deposit account mterest	3362
		4 178
$.	INCONK FROM CHARITABLE ACTIVrrIES
	In addition the following amounts have been deferred to 2023/24:
			2022
	Brighton and Hove City Council »Digital Innovation Brighton and Hove City Council -RUSS immigration Money Advice Service		45,000 41,022 2,500
	Citizens Advice Bureau -CostofLivrng Crisis
	Grants received, included. in the above, are as follows:	2023	2022
	Money Advice Service MacmiOan Brighton and Hove City Council —Moneyvorks Brighton and. Hove City Council —Advice Matters Brighton and Hove Citizens Bureau -%armth for %'ellbeing Citizens Advice Bureau - Help to Claim Cardinal Management Citizens Advice Bmeau -Department of%or@and Pensions Brighton and Hove City Council -Fixed Costs Arun and Chichester Citizens Advice Bureau BDghton and Hove City Conncrl -Digital Innovation Citizens Advice Bureau -%armth for %eUbeing	124/89 67,137 54,830 133,306 87,000 21,023 48,812 3,43'1 45,000 9210	103,838 52,391 57,910 134,094 34,680 81&253 19,954 6,550
	Carried forward	594,138

						2023
	Brought fonvard Brighton and 8ove City University ofSussex ~IITrust		Council	—BUSSIxmnigration		594,138 41,022 3,500 14203
						662860
6.	CHAlGTASLE	ACTIVlTIES		COSTS
					Direct	Support
					Costs (see	costs (see
					note 7}	note 8}
					654,496	~1,660)
						2023	2022
	Salary costs Staff~s Office costs Premises costs Partners					544,784 11,487 56,068 42,15'7	367,550 4,791 42,302 85,079 9328
							509050
8.	SUPPORT COSTS.
						Governance
					Finance	costs	Totals
					t10,00000)	6160	~1660)
	Support costs, included		h the above, are asfollows:				2022
							Total
						Advice	activities
						K
	Interest payable and siInilar charges Independent examiners fee Accountancy					(10,000} 1,800 6,550	(4,000} 1,680 ~6674
							4354

The total emoluments ofall employees durmg the year were	as follows:
	2023	2022
Salaries and %ages Social Security Costs Pension Costs FRS17Pension Scheme Adjustment	411,429 36,162 8,447 g7,000	327,307 2'7,209 30,523 10,000

e ey g employee benefits (gross pay plus employers national insurance and pension management personnel were $52,072(2022 660,054}.	e ey g employee benefits (gross pay plus employers national insurance and pension management personnel were $52,072(2022 660,054}.	contributions)	of the key
COMPARATIVKS FORTHK STATEMENT OFFINANCIAI. ACTIVITIES UBYcstActed		2022 Restricted	Total
	funds	funds	funds
INCONX AND ENDOWMENTS FROM
Donations and legacies
Charitable activities Advice		192,004
Other trading activities
Investment income
EXPENQIl'I}RK ON
Charitable activities Advice NET INCOME/(KXPKNjMTURK)	311,238 (1,473)	202 166 (10,163)	513,404 (11,636)
Other recognised gains/(losses) Actuarial gains on de6ned benefit schemes	243000		243 OQD
Net movement ln funds	241,527
RECONCILIATION OF APmS
Total funds brought forward	406,606

11.	CONPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES Unrestricted	CONPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES Unrestricted	2022-eoatmued Restricted	Total
		fUBds	furtds	funds
	TOTAL FUNDSC~LBFOR%'ARD
		Of6ce
		equipment
		atld	Computer
		farmture	equtpmeQt	Totals
	DEPRECIATION
	At 1 April 2022 and 31March 2023
13,	DKSTORS: AMOUNTS FALLING DUK %ITHIN	ONE YEAR	2023
			38,138 ~740
14	CRKI}ITORS' AMOUNTS FALLINC DUK %ITHIN ONK YEAR		2023	2022
	Trade creditors		138,693 14@79	110,411 10,406
	Accruals Deferred mcome Amounts held ort behalf ofothers		1S,000 36029	88,522
				209339

Unrestricted fends General fund Designated Fund —lTEqipment Designated Fund -Pension Designated Fund - Training Designated Fund - Digital	Unrestricted fends General fund Designated Fund —lTEqipment Designated Fund -Pension Designated Fund - Training Designated Fund - Digital		645,132 3,000		(43,621) 10,000 12,000 21621	896,214 3,000 10,000 12,000 21 621
						942,835
Restricted fttnds
Brighton and Hove City	Council-
Moneycvorks
Citizens Advice Bureau	—BEIS
Brighton and Hove City	Council -Warmth
for %'ellbeiug
Net movement in funds,	included	in the above are as follows:
			Incoming		Gains and	Movement
			resources		losses	in funds
IJnrestrieted funds General fund			373,056	(354,353)	276,000	294,703
Restricted funds
Brighton and Hove City Moneyvrorks	Councii-					(4,446)
Brighton and Hove City Matters Citizens, Advice Bureau.	Council —BEIS	-Advice		(136,806) (2,331)		(2,331)
Brighton and Hove City Council for Wellbeing CostofI.iving Crisis Trussell Trust		-Warmth	87,000 2,663 14203	(83,214) (2,663) ~14203)		3,786
			295,502
TOTAL FUM)$			668558

Comparatlves	formovemen	t in	funds
						Nct
						1nOYCInent
						m funds
Unrestricted	funds
General 5md
Designated Fund - ITEqipment
							648,132
Restricted funds
Brtghton and Hove City Counctl- Moneyworks Citizens Advice Bureau -BEIS					14,571 3310
					17881
Comparative	net movement	in fImds, included		in the above are as follows:
				Incoming	Resources
				resources	expended
Unrestricted General fund	funds					243,000	241,526
Restricted funds
Brighton and Moneyworks	Hove City Council-			57,910			(9,328)
Brighton and Hove City Council Matters Citizens Advice Bureau -BE'lS			—Advice	134,093			~N4
				302003
TOTAL FUNDS				301 /68

Current service cost Net interest front net defmed benefit asset/liability Past, service cost.
			26,000	30000
Actual return on plan assets
Changes in the present value ofthe defmed benefit	obligation	are as foHoms;
			De6ned	benefit
			pension	plans
			2023,	2022
Opening defmed benefit obligation Oirrent service cost Contributions by scheme participants Interest cost Actuarial lossesi(gains) Benefits paid			1,823,000 36,000 5,000 47,000 248,000 (61,000)	1,834,000 34,000 5,000 36,000 (50,000) (36,000)
Rerueasurements:
Actuarial (gains)/losses &om changes in demographic assumptions			48,000
Achenial (gains)/losses from changes in. fmancia1 assumptions			~7380tl0)
			'J,408'000	1,823,0IIO

	2023	2022
Opening fair value ofscheme assets Contributions by employer Contributions by scheme participants Administntion expenses Expected return Actuarial gams/(losses) Benefits paid	2,250,000 (51,000) 5,000 (2,000) 57,000 (156,000) ~01,000	2,025,000 24,000 5,000 (1,000) 40,000 193,000 ~96 000
	2 022,000	2250,000

					Defmed	benefit
					pension	plans
					2023	2022
Actuarial (gains)/losses from demographic assumptions			changes	m	(48,000)
Actuarial fmanc1al Actuarial	(gains)/losses assun1pttons gains/(losses)	from	changes	in	738,000 ~414000)	243,000

The major categories of scheme	assets as apercentage oftotal scheme assets are as follows:	assets as apercentage oftotal scheme assets are as follows:
	Defjned benefit
	pension plans
	2023	2022
	71o/o	74~to
	12o/o	16o/o
	16%	80/o
	I~Pe	2%
		1000/o
Prmcipal actuarial assumptions	atthe Balance Sheet date (expressed as weighted averages):
		2022
Discount rate Future salary increases Future pension increases		2.60o/o 3300/o 33001o

Donations and legacies Donations Employment allowance Miscellaneous income		1,762 5,000 2663	879 4,000 2950
Other trading activities
Fundraising events
Investment income Rents received DeposIt account interest		816 3362	45
Charitable activities Grants			490,670
Total incoming resources			501768
Charitable activities			367550
Salary costs Staffcosts Office costs Premises costs			4,791 42,302 N,079, 9 328
Partners
			509,050
Finance Expected return on pension scheme assets Interest on pension scheme liabilities		(57,000) 42000	(40,000) 36000
		(10,000)
Governance costs Independent examiners Accountancy	fee		1,680 6,674
			3354
Total resources expended			533,404
Wet income/(expenditure)