## |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)||||