Chatlty R¢gi$trntlon No. 1119613Q Company Registration 140. 114578603 (England and Wales) Citizens Advice Bradford & Airedale And Bradford Law Centre Ltd (a Company Limited by Guarantee) Annual Report And Financial Statements For The Year Ended 31 March 2023 (7FxC. 1611112023 COMPANIES HCYJSE A13
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CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD LEGAL AND ADMINISTRATIVE INFORMATION Trustees A North R Lister R Beattie A Bostan S RcJinsc C Coghill lapptynied on 27 Fetyuary 20231 P Essler Iresigred 3 March 20231 J ¢1Ch {re&gned on 3 Mar¢h 20231 Prlncipal staff R Wlkin%)n- Chief Exewbve lapprynted 11 May 20231 A Ta01- Chief Executive {reggned on 31 May 20231 Seerètary R Wllkn"nson- lapwnted on 11 May 20231 A Taylrm Iregned on 31 May 20231 Charlty number 1096130 Company number 04578503 Prf*cipal addre55 and reyi%t•Trd •ddrg5S 31 Manor Row 8radlord BD14PS Bankers Unity Twst Bank F4 4 Brindteyplace Bimiingham B1 2JB
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD CONTENTS Pa9• Trustees. r•K Statement oftrustees. reS51"tieS IndeperKfent auditorfs reF 8-10 Slalement of fmanclal acUviDes 11 Balance sheet 12 Statement of cash 13 Noles to the financaal slatemerrts 14-29
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The trustees present thf annual rewl aNI financial statements fry the year ended 31 March 2023. The financial statements have teen prepared in acc(ar the acun.nQ po&ues set note 1 to the financial statements and ccrfnply wth tharitys Memorandurn of Asso(aatKM), the Companies Aci 2006 and 'Accounbng and Reporb'ng by Chants'e5'. Ststernent of Recomment1ed Practice apF4icable to charrties preparing their accounts in 8rxNd8nce wrth the Finanual Rérn9 Stand aFfAlcable In the UK and RewblK of Ireland IFRS 1021. {effecbve 1 January 20191. The legal and &Jministrative infomiatw forn part of this trustees reF#Xt. Obje¢tive$ and ?cti¥ilies The c'ZenS Athiice servre pro¥ides free. indeFendenL fidentIal and inyrtial athce to everyone their righ15 and re5PWSltrf"leS. 11 values diverw. equalty and thallenge5 (bscriminatson. The Charilvs obj'ectives are to promote any Charitab pxxpose f¢x the benefft of the community in Bradford District and Suoundsn9 areas 11he area of benefifi by the advancement of education, the protectyon and preservation of heatth and the 11¢1 of poverty. sLkrss dislre55. In order to achieve Ihe above objecljves. the 5erbryces airns are.. . To provide the athice Fwle need for the wdAerns they face. . To impn)ve the F<)h"ues and prathces that affed Fwle's live& More detail on how the Charity ¥nJl achieve it5 aims and W"ectives akJn9 Wth h(yw these are measLYed annually are contained wAhin Ihe Businèss Plan. Wthen reviewng Ihe aims arHJ oty'ectives of Ihe tharity, and in Fknning futLre activities. the Trustees have ¢omplied wth Ihe duly in section 4 of the Charities 20[ lo have thje regard to public beneffit guidanee put4ished by the Ccffjmlssl. Achlevements and perforniance The year 2022r23 saw the emergence of the sawice from the ld perirAI ar enaed leammg around new technc4ogies to inforn) ser delivery Obviously as well as focusing M Stsff *llbÈing. the TnJ5tee Bowd. in rts pL4mirb3 for 2022123 and bèyond, never lost sight of the pnmary ot4"ective ol Ihe organisatir. namely. lo wovide free. confi¢Jents"al, imparts.al and independenl ath'ce to the sIdentS of Pndford Melropclrtan th"stsict Wth this in mind a great deal of ihought went into service redeSn and the effiatncy and attewbilty impwovernents that cou5d be made for dients by leaming lessons fof seNice deliv chan9es durin9 CoviE1 lothdry. Since l¢xkdown restrictions have been lffted, we have laken the t1ecJgon to conttnue wth teleFone being the first point of contacl no knger offer face lo lace dropin SessicS as these resulted in dient5 rEedin9 to wait for I9 periods. queue5 Qutside the ¢)ffice in bad ather and generally increased dients. stress levels and th"ssakn"sfadicM). The model means that all dients in"allY access a telefve thage. The enquiry is thén either deat wth irnmediatdy lif urgentl or the dienl Is offered seN-help. a telephe appc4ntmenl. a lelephone ring back. a video conference aFwintmenl or a faC&toface appoinlfflent. Obwcxjsty, when iniroducing this System. rt was rètO9nised that not all dients W(ld bè atr4e to access our seNce u%ng telephryE and as such we styll offer a walk-in a9& serwce for dients ¥AK> are unable to use the telephone. We have also used our new Video Conference eqLMpment for iftteryeting lirtcluthng 8SLI for 15 sermce. The client attend5 our office JIC9 wth wr adviser. and the interpreter attends wa phme or wdeoccrference. This approath ha5 ygnificantty intreased Ihe availatrflrty of inteterS and has re¢kned ts cost to the organisa 8$ wè no longer pay loi travd and wathng time for the interpreter.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORD (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 Given Ihe current economic dimatÈ we. akmg with most olher volUntY sedor agenoes. have been very ¢¢ncemed atK)ul funding. I ¥Uld like to thank our fijlerS for their ¢tsniinued support in what is a very tjrfficult b'rne f¢x e¥eryone. It is ess¢nb"al that the organisation ccfflb.nues to prowde high quality services and to show the otJtcome ol our Interventions on clients, INes. have c(¥)bnued to devdop jtwMe monitoring Infornation and now cdlect data aboul the addrtional income have secured for our ctient5 and the debt5 we have rnanaged on our clients, behf. Thi$ has resulted in scvne very impressive figures arTrd dearty t1emonstrating the jsibve sotial we have on the ILxal communty econ¢)my. During 2022ft3 dients aSsing wr services secured £9.9m in additional income and we as%sted bn 9etting £3.1m in detrt wntten off. Both figures were signifficantly higher Ihan prewous years. Through 2022123. as a resLAt of a¢Yoptsng to Ihe new MaIAtm and Arb"des in the yewous year we were ae to conts'nue ¥h scne g0vemare relaled meetings taking place remotdy. The org8nI53tK)n contiNe5 to in partnership wrth 8 variety of dffterent luThJers. The wncipal fvnder is 8radford Metropclitan C"strict CJnu1 IBMDCI. Wthich continues to give us sigThficanl levels of finarte allwing us to provide open door and speryaltst athi¢e in a range of settings. Olher fvnders IlUde.. Ewalty Togelher tha"r lot 1 contract BMCC sUbCc41aded us to pr¢)vide athtice in Mentsl Health supp¢yt venue& . The Money Ave and Pension Swvice, through atizens Advice, funds our Face4TrFace Debt advice oject. which emrAoys 7 se%)IkerS to deliver debl adVe lo the finanrAally exduded. This prclect ha$ had a wgnifitant impact on our wK and has allowed u5 to hdp a large nLtrmber of additional dients. DI, throu¥i Cth"zensAth"ce lund (yjr Univetsal Credil H io aam service. The Leg81 A"d Agency fvnd Housin9. Immwth and Asylum urKler the Le9al A5d s¢heme and HousirvJ Court Duty Scheme. The VCS Allian¢e - lunt"ng lo deliver IAÈife Benefft5 Adce to dients from the 3 City Community Health Parinerships. Adwce help reduce Ihe Instan d slress. depslon and other a550ciaied illnesses a5 a res1 of Debt We are grehl to all our $ continu•d supwt pJthles u5 to wovide a valuablé s1t to th• local ccmmunity. We are min¢JfiJl ol the dthcuthes for )inders in the curreni economic dimate. We are particularty grateful to ihose organisations and IndidUal5 %tho dte money to the Organisalion. Fundr•lslng The organisation does not actively fijndraise frNn Ihe public, t)0 tOfeSsiOnal fundraisers or commerual part'cipators are engaged. ere donathons are recetd this is on a voluntary basi5 trom Indiwduals Ond is not actively sought Fundraisng In the tharity secior has regulated by the Fundraisin9 Regukqtor (FRI since 2015 11 the organisatlgn is not yafiG*ly registered. The Tw5tee Board 1$ not aware of Y failure by the Charity lo cornpty th this regulatson and no comF4aints have been received In relation to any fom of fvndraisn9. Flnanclal revlew Thè net income f the year before acbjaria gains amounted to £138.152 12022.. £225,401). Tolal fijnds al 31 March 2023 stood at £1.455,57812022'. £1.317.4531. The finanual pogti¢y) of the chwty is Satisfact.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Resery•s Policy The trustee5 have estabh"5hed a poli¢y Vttereby the unrerided funds. ¢ommitted or invested in tangible fixed assets and not designated. being the free reserves hek1 by thè chanty. sh¢yJld be behveen three and six Months of expentjiture, wbicj) equates to befften £523,934 and £1.047 868 in general fvnds. At this level the Trustees believe they would be atrje to continue the operations ol Ihe charrty. At PTÈsenl the tree reserves amount lo £1,155.$69 12022.. £1.010.1991. vknich is just above the upper lar9et level of reserves which tre Trustees deem approprie in lh& Contr of Ihe oJThent d)allen9ing ffinatKiJ arcumstances. The trustees review the policy annually. Pension Liability The charity partsopates in The Pengons Trust Gro Plan stheme and has an ¢ligab"on to pay a past sernice defiot contributyon. this is payatrAe monthly in •JditiM to fviure seNce contributions. The pension liability at the vear end stsnds at £9,354 W"ch is the presert vaue of tr defio"t reduction corthibut1S payable under the agreement. Going Concern We have set out above a review of finanoal pthtsinance the charitys general reserve5 posityon. Our planning process. induding finan0 wojects'ons. lakes into consderatycm the decigon by Bradford Melrcf)olitan Oistrict CwnrAI decision Ihrouyh tre recommisonIng to cwts.nue to Contra for the delivery of adth u1[ March 2028, and confims that we have adequale resowces going fowrd. We have a reasonatrle expectation that we will be able to continue in operab.onal e$tenCe for the foreseeable ftrtU and the finanual statemen15 have been piepaced on the ba&s lhai Ihe chanty is a g¢Jing concem. Rlsk Management The Irustees have reyield their wc¢edwes in Ihe hght of cowate governan ldce confained wlhin the Statement of Re¢tynmwd8(1 pra"¢¢'ACCJn1ry and Rerxybng by Chariti"e$'. A risk assessment report 15 Contained ¥thin bJne5s pian and antitipates potential chan9es to the envlr0nffnt in which the gaSa'on is working and highlights hfjrt these would impact on its services. In addition, it produ$ a nsk register. based a mathx supplied by Czen$Ad¥7ce- Ihe nalional ass0¢iats"on. The ganjsational Risk Register is revied and updated at each Trusteè Board meehng. The trustees are 5"5fied that 5y51ems we in pl¥e to the exF¥wre to the major ri¥k$ to whith it is exposèd. Cilttens Advice Bradford & redale and Law Centre faces a range of opErab"Mal risks and the key to S(eSsIu1 risk management is to identify potential risks. the likelihoLMI of them occumng and Ihen obvrdte their impact. The nsk register is a formal statement of Crttzer6 Adwce Bradfcrfd & 'redale and Bradford Law Centre's management strategy and how the impact ol potential nsks can be rninimised. Identitying the risks is principal element of nsk management aThl has bEen g¥ven detailed and oJn&de¥atith. Areas that arts covered in this proS$ indude. acbviiies arKJ Services undert*èn by the orgarmsation our objedi¥?s targets and outputs required by fun¢Jers Lrthers the operaling structure exiemal factors IsratLrtw obhgatK)ns. relaiionslM"P5 th fijnders) ompaNsons with other CABslcc¥rparable organisations past performance and prewous nsks encounte.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Citizens AdYe Bradford & redale and Bradford Law Centre's objectives. ts intemal 0rgani5atsL and the environment In %thich rt operatÈs conb"nually evc4ving and as a res. thè risks il faces are not ctmstant. Organisational su¢cÈss derives, in pary from successful risk taking and so the Fwose of intemal control is to help manage and contrL4 risk apwopriatdy calher than to eliminate IL The Trustee Board recognises its rde as the ultimate authm in the govemance of the or98ni$atirJn and that the rnanagement learn and staff recognise5 th they operate wth delegated authority. The follovmng measures wll help minimise ts risks inherent in any large diverse vohJntary sedor organisation wlich rdies on a diverse range of dIng to meet all ils commitm$.. Effethve appraisal of Ihe Chief Executive and Managemenl Ten. Internal management and yjwwsory contrcls Ihat minimise iisk of fThng to deliver cm exists.ng grant agreernents and ctract$. Stsff awareness of swrce5 of knding and the SequereS arising from any faire io deliver services in line grant agreernents and ContrtS. The effective use of probationary pericoJs. annual apwais. slaff superwsion and HR pc4iLies to prompuy identify and dèal with issues of concem. Engagement of DLP to wovi¢Je HR adwce & Regular case sheet ChIng, IFRS. trwning to SUre qualty and independent QAA assessrnents. Regular review snd analysis of stsbSbCS io enswe targets are mel Maintain good rdatii)nshTps hnjers to thbfy Wenlial firtU Iwding prc4)lems and potential funding opportunibes. Ensure adequate finamal reseThes. Morrthly finanual monrtcxing against annual W. Good Communicati befyveen ¥olteerS. staff. the Mana9ement Tearn and the Truste? Board. Maintaining independence and FdrtIC neutralty to a¥d conflict of tereSts. Plans forthe fiitsre Over the next 12 months we wll constanty evalue senrice ddivery to ensure we minimise risk v*hilst trying to ovide servtces Ihat meet the need of as many dienls as kw)sble. During the year we %%ill thk to expand semce delivery and reintrodu face lo face services when approwate. are fortunate in Ihat OLW fijnders are being exlrernely supports.ve and there have been no proposa15 to lt fundin9 fry tre 2023124 year.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES, REPORT IINCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Structure. governance and management Citizens Advice Bradford & relale and 8radford Law Cefttre is 8 thartatle company h'mited by guarantee and was set up by a Memofandum ol Assoo"ation cffl 31 Octoter 2002. The charilatle company commenced operations on 1 April 2003 after acquiring the assets of the UnIrated Organisatson founded In 1962. The Organisation changed its Name from Bradlord and "redale czenS Advice Bvreau to Cit12ens Advice Bradford & "redale and Bradford Law Centre on the 3 February 2018 fckning the acquistion of Bradford Law Cenlre. The orglsatIOn is constitutef1 under a Memorandvm of Associa( dated 31 October 2002 lupdated in March 2022 and a based on the model th'des of Assouab"on wovided by Crtrzens Advtce Naticnallyl and 15 registered charity number 1096130. The trustees. vtho are also the directc¥s for the puipose of comparry I1. and WI seNed during the year and up to the date of Snature of the finanaal stsitements are set out on Ihe Charity Inlorynation page The management of ihe organisabon is Ihe re5ponyts.hty of the Trustee Board are eleed and ¢WJted nder the terms ol Artide5 of Assogabc. The trustees, are dso the directors for the PWFM)se OfcompY Law. who served during the year and up to the dale of signalure of Ihe finanoal statemerbt5 are set oul on the Chaity Inforrnatson page. The rnanagement of the ¢ygarMsation is the resFrfJngbAity of the Trvstee Bowd are eleded and ryOpted under the teryns ol the AdeS ofA5scQ"at. flem1$. Llability The triistees of the bureau guwantee to c'1xrte an nt not exceeding £1 to the assets ofthe ¢harity in the event ofv•mding UP. Oryanisation Structure The Trustee Board is responsible fry the stralegic direc of Ihe Nganisab'on ith certain prnver5 delegated to the Finance and Personnel rommtttee5. The ch.ef Execufive work5 d05ety wth the trustees to agree organisational worities and is reSe for ensuring that the orgar4sats.on meets its contractual, legal and mernbership obligabons. Five seTrice managers are iesponwbk fc Ihe delivery of servi$ as specified in accordance th qualrty and contractua rtqui¥ements. In addibon to rts 55 pa5d staff. or9anisat¢on has around 10 volunteers who in a variety ofroles. 2021122 wa5 a thallengmg yèar given the Cowd restrictions_ Th15 rneI Ihat unable to wot our volunteer team, however maintained regular conlact and commerted a retraining program in 2021 to ensure that volunleefs can retvm io the offices as soon as cOd restric•ons we knfted. Recrultm¢ftt and Appolntment of Management Commthe The management of the organisatyon is the respongkylty of the Trustee Bowd vhKJ are dectsd and tspted under the term5 of thekn.des ofAssoo"abon.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES, REPORT (INCLUDING DIRECTOR"S' REPORT) ICONTINUED} FOR THE YEAR ENDED 31 AIARCH 2023 Trwtee Inductlon & Tralning New trustees are provided an indudion p4¢k ¢Mtsining inftymthm atKJul the organisation. the work il carries out and the nationa Citi2ensAdvice ne1. meetsngs a held by the Chair of the Trustee Board and ihe Chief Executive. coverin9." . The role and obfigatiorts of Injstees. Goveming documents including the Mernryandum andAJb"des. The Organi5atson'5 airn$ and c4"ectives.aTrJ the membership requirements of CiiwsAdvice. The Organisatien's financk41 ptssth.on and lurK1ing SoUrS. Future Flans and objectsves. Trustees a also invited to attend trwing and ¢(fere[e$ by Crtoens Ath"ce at rey•onal and national levels. Key management personnel remuneration The pay of the Chief EKecukn"ve and Sen•)r Management Team is re¥ed arrMJalty and is normalty inlxeased in line with inflation and comparable rcles wthin the sectw_ Related Partles AJI trustees give their ts.rne VolLnIan. Any ewses reda.med by trustees the charity we set out in note 6 to the fInGla1 statements. Audltor The 8uditor. , is deemed to be rear4M)inted der Sea 4B7121 of Ihe Compar¥esAd 2006. Small Company Rules This repct has been prepared in accCKdce vith the Speci wovisions of Part 15 of the Companies Act 2006. s¢losur• of IntoatIon to auditor Eath of the trustees has Cfirrned that Ihere is no inf(rn8tk of Ihey are awdre which 1$ relevant to Ihe audit. of which Ihe auditor Is unaware. They have frjther nfirrned that they have taken appropiiate steps lo identsfy such rdev8nt infom•ty"M and to $tls th* the wdjtor is aw¥e of such infom)ation. The trustees, rep was approved by Ihe Boafd of Trustees. A Northage Trustee Daled.. lty.Iy20.23
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD STATEMENT OF TRU5TEES' RESPONSIBILMES FOR THE YEAR ENDED 31 MARCH 2023 The trustees, are 1 the drectcKs ol Citizens Adwce Bradfcffd 8 and Bradford Law Centre Ltd for the purpose ol company law. are responsit4e lor prenn9 the Trustees. Report and the financiJ statemerrts in accordance wth applicable law and United Kingdom Accounting Standards (Unrted Kingdom Generally Accepted Accounting Practi1. Company Law requires the trustees to wepare finanaal statements eath finanaal yew wlich gNe a true and fair view ol Ihe slate of affair5 01 the charty arKJ Of the In¢C1n9 resou5 and applution Of re5wr¢es. induding the incclne and eypendrtvre. ofthe chaniatle CL•nY for that . In preparing these fmantial ststements. Ihe trustee5 are rEquwed to.. - sdect SLtat4e accounting pc4icges and then appty them consi•.' - observe the méthods and pnrKiples in the Chorities SORP.. - make judgernents and estimates thal are reasrmable and pen( - state lthether athice UK AccoJnting Standards have been folbwed, sutr4ecl to any malerial departures disdosed and explained in the finarval statennts" aTh - prepare the finaroal stalements on the gc¥ng c(YLcem basis urless rt is inapprowale to prewme Ihal the tharty will ¢oniinue in operation. The trustees a responsibfe for kewng adequaie aCCOLntiro rectyds th* disdose with reasonable a¢¢ura¢y at any ts'me ihe financial pogts"¢M of the charity and enable them ensure that the financial statements comply wilh the Cornparbies Ad 2006. They are also respcmgtrle tr saleguardiThJ the assets of the thanty and hence for takin9 reascffjable steps lor the preventicrf and detecti of fraj aThJ Olhei ryularibes.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD Opinion We have audited the financ3al slatemwis of Citizen$ Advice Bradford & Awed and Bradford Law Centre Ltd {the 'charity'l for the year ended 31 March 2023 comwse the ststement of finanod actimties, the balance sheet, the slateMt of cash flows and the notes to the final statements. induding a summary of significant accounting poliriès. Thé financial reporting frarnewck thai has been apled tn thr weparabon is apFlicable law and Unite(J Kingdom Accounting Standards. induding Finanaal Reporting Stant1ard 102 The Financial Reporting Slandard appI&ble in the UK and RepublK of Ilant1 (Unrted Kingdcxn Generally Accepted Accwnbng Practice). In our DniOn. the finu¥l smem give a tnje and fair wew of the state ofthe chantable cpanIS affairs as at 31 March 2023 and of 116 inmme and expenditure, for the year then ended". have been ywerfy prepared in acwdarKe %4ilh Uniied lQ"rwJdcffl Generaly Accepled AoUntsng Pract¢,. and have l)een prepared in a¢cordarKe th Ihe requwemenls of the CompanTres A¢[ 20C6. B•sis for opinion We conducted our audit in accrydwce vith Intemaliwl Skdd5 on Audrting IUKI IISAS IUKII and aFplic3ble law. Our resPCffiSitx"Iities der Ihose standards we ftjrther de5cnbed in the Audrfofs SpOnsibl111$ lor the audiÈ ol the financial slalements section of our repcrt are in¢lependent of the charity ln accordance Vlith the elhic31 reqviremenls that are relevant to OLY audrt of Ihe financial staternents in the UK. IrUdIng the FRC'S Ethical Standard. and we have fulfilled our other eth1 respSIbili11eS in accordance with these requirements. believe that the audit ewdence VP have obt•'ned is suffioent and appropriate lo provide a bays f cJr otxnion. Contluslons relating to going concem In audilj.ng the finanu statements. we have conduded that the trustees. use of the png corttm bays of accosjnting in the preparatr ofthe finanTral ststements is apwcprigte. Based cffj the work we have performed. e have not idenbfied any matwial uncertainties relating to events or conditions that. Individually or cdknlively. may 51 s9nthcanl doubt on e ch3rty'S ability to continue as a going Ccern for a pwiod of ai least bvd¥e months frc¥n then the finanrial statements are aulhorised for issue. Our responsibilibes and the reSFn.1IIltS of Ihe trustees tmth respect to geitvj concern are described in the relevant sections of this report Othèr Infomiatlon The olher informaty'rm the infcxrnabw irKluded in the n1 report ¢Xher Ihe finanrial statements and audrtorfs report there¢M. The trusleès are resS$11e for the other infomath¢Jn contained wrthin the annual report. Our oynion on the financia statements d¢xs not cover the other infom)ation and, except to the extent olherwse expliciuy staled in ow re[rt we do not ewes5 any ftKm of assurance condusion thereon. Our responsibility is lo ad thè other Infowmabon and. doing so. tondw whether Ihe other infomalion is materially incon51Stent wth the finan¢ial stements or ¢wr kredge rthIrd in the course of the avdif. LY Otherwse appears to be materially misstated. If we entity suth rnateri incongstenoes or apparent material misslaternents, are required lo delemine %thether this gives rise to a material misslalement In the finanual 51alements themselves. If, baseil on the work we have Perfrned, we condude that th is a material misststement of Ihis other infomats¢n. we are required to report that facl. We have nothing to repjrt in this regard.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED TO THE TRUSTEES OF CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD Qpinlon$ oth•r matter5 prescribed by th¢ Compani•s A¢t 2006 In our oKMni(m, based on the wcKk undertaken in the oyjrse of our audit." the informatsthn gven In the iwstees. port ts the financd year for the financial statements are prepared, whsch indudes the directors. rt wepared for the purposes of company I. is cony5tent with ihe rinafiual ststements, and the director5, repjrt induded within the trvslees. rekKKI has been prepared accordance Vilh apF4icable legal requirements. Matter5 on which are required to veport by exception In the light of ihe kno1¢ge and under5tarKJing of the charity and its enwronmenl obtained in the course of the audrt, we have not idenlthed material misstatements in the direckn5' rewi luded wihin the Irustees. report. We have nothirrfJ to report in respect of the ft11ct¥j matters M rekticffl to Ithith ts Companies Act 2008 requires us to report to you rf, in our ownion.. adequate accouth.ng cecords have not been kep( ly retums &Jequate ts our audit have not been Ceived from branches not Viled by us, or the financi4 staternenls are rtot in agreement wrfh the awJunb"ng rerords and returns," or certain di5dosures of tnJstees' remunerab.on specified by law are not made" or we have not fecewed all the Inlomation and ewanations we require for our auithl". or the trustees wére not entrtled to prepwe the financial statements in accordance with the small cornpanies regime and take advantage of the Small crynwiÈs' exenwons in wepanng Ihe trustees, report frin the requirement to PTepare a Strateg rert. Responsibilities of tntstees lor the financial Statements As explained more lully in Ihe stement of lyuslees. reswnsl"liti"e$, Ihe trustees. are dso the diredors of the charty for the pUose ol company law, are responsible for the preparats.on of the finanual statements and for being satisfied that they give a true and fair wew. and for suth iniemal conirc4 as the trustees ¢Jetemiinè is necessary to enable Ihe preparab.on of statements Ihat are free material misststernent, %%thether due to fraud OT error. In prepanThJ the financial statements. the trustees are resp)nsiblÈ for assessing the charity's 8bility to continue as a gn9 concern, disclowng, as akwicable, matters rdated to gn9 concem and using the going oncem basis of accounts'ng wless the trustees either Intend to kquidate the tharitable company or to cease operations, of have no realistic aliemakn've txrt to do SQ. Audltorfs regponslbllltles forthe audtt of the flnanclal statements Our objective5 are to obtain reasonable assufance about thether the financial statemtnts os a ole are free from material misstatement. ther due to fraud or err, and to issue an audit¢S report that includes crtjr opinion. ReasOnae assurance Is a high level of assuran¢ is not a guarantee that an audit condLtted in accordance th ISAS IUKI wl ah*ays detect a Maten misststemenl when tt exists. Misstalement5 ran arise frtyn fraLMJ or error and are considered material If. indimdually or in the a9Jregate. tlw cwld reasonably be expected to irffluence the economic deciwons ol users tsken ryj the basis olihese firw)oal statements. A hjthr descnpticffj of our responsib'litses is availaNe C ts Finanud Reporbng Counul s webg'te at.. http$.'Il www.frc.0rg.ukjauditorsresnlitieS. This deSCrirOn forms Part of our aud4torfs report.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED} TO THE TRUSTEES OF CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORO LAW CENTRE LTD Extent to which the audit was considered capable of detecting irregularities. includlng frad Irregularities, Induding fraud, are instances of noncornpllare 1th law5 and regulatn5. design prcKedures in line with our respon&bilities. ouuined above and on the Financial Rep(ytyng Council's webte. t¢ det•ct material mi5Statements in respect ol irreguL8rities induding fraud. We obtain and update our understanding of the enbty, its actimknes, ¢ts contrd envtronment, and likely future developments. Induding In rdakn.on to the legal and regulatory framework awicable and how the enbty Is complying with ihal framework. Based on this understandirrtJ. we identify and assess the Irsks ol matenal fflisstatement of the ffinanrial siatements, thether due lo fraud or errcy. design and perform wdit procedures respunsi¥e to those risks. and obtain audit evtdence Ihat is sufficient and avroal to provide a ba&s for our opinion. This includes con&deralion of the n5k of acts by the entity that were contrary to apFlicat4e law5 and regulations, indudiThJ fraud. In response to the risk of irregLAarities nCOMFnCe laws and regulations. in¢luding fraud. we designed procedure5 which indudèd". Enquiry of management and those charged WTth 1nd a(Xual and potenba litigation and dairns as well 8S Xtual. SusL¢d and alleged fvaud", Reviewing minutes of meth.ngs ol those charged ith go¥emance', Assessing extent of compliance 1th the laws ar regulab.S ccnsidered to havè a direct rnaterial effecl on the financial statements ry the operaticS of the entity thrc¥Jgh enquiry and inspects'on., Reviewing ffinanCI atement disdosts and testing to SUFWJrting dCMentation to assess wnklian th apiCate laws and regulations.. Performing audrt work over the nsk of management t4as and overrbde of controls. indudtng testing of joumal entnes and othw adjustments for apprcynateness. evaluating the bu5ines5 rationale of signffjcant transactions outside Ihe no01 course ol Iwsines5 and reviewng aCc[.g eslimates for indicatry5 of potential bias", and Perfomiing audrt WO over the bming rewilicffl of incryne and in pwtswlar whethei li ha5 been recorded in the correct accounlwig pewio(l. Because of the inherent limrtations of an wdit. there is a risk that we will not deted all irregLAarities, including those leading lo a maierial mi$steml in the financial statements or non-eomF4iance wrth regulation. This risk increases the MO that comFAiance a law or regulabon is removed from the events and transaCtIS reftected in the financial statements. as we wll be less likety to become aware of in5tanrxs of non-compliarte. The risk of not deting a material rni55t8tement reSUn9 from fraud is highef than for one regjlting from error, as fraud may invcdve cc4luC, forgery, innon 0mtssKs. misreWewtat the ovenide of internal control. Use of our report This report is made solefy to the charitatrje companys membws, as a bc(ty, accordance vAth Chapter 3 of Part 16 of Ihe Companies Act 2006. Our audit work has been undertaken so that might stale lo the thanlable company's rnembers those matters we are required to state to Ihem in an auditors. repryt and fry no olher purpose. To the ftJlle5t èxtent permitted by law: we do not attèpt or assume reSpOnbIlIty to anyt)ne other thw the charitat4è mpany and the ¢h8rrtable cofflpanys memb•Js as a Ixty. for Irk. for this rewt. cf for the opiniws we have frMed. J•$si¢a Lawrenco (Senior Statutory Auditor) for and on behalf of 101.111.2023 Chartered A¢¢ounthnts statutory Auditor 33 Park Place 10-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrnstrict•d Restrfct•d 2023 2023 Total 2023 Total 2022 Incom Charitable activities 1,573.643 660.245 2.233,888 2.327.792 Totsl Incom• 1 573.643 660,245 2,233.888 2,327,792 Ex endlture on: Charitsble activrtres 1,381.291 714,445 2,095,736 2,102.391 Total expenditure 1,381.291 714.445 2.095.736 2,102.391 Net Incomellexp•ndlturnl before transf•rs 192,352 154.2001 138,152 225.401 Gross transfers fuThJs 16 (71.9751 71,975 Nqt incom• for tho year 120.377 17,775 138.152 225,401 Oth•r recognlsed galns and loss•s Actuarial Ilossllgain on defined benefft penson schemes 13 127) 1271 28,511 Net movement ltt funds 120,350 17.775 138,125 2S3.912 Fund balan$ at 1 Aprd 2022 1.317.453 1,317.453 1,063,$41 Fund balances al 31 March 2023 17 1.437.803 17,775 1.455.578 1,317,453 The siatenRnt ol finan0 athwbes incbjdes al gains aThJ losses recc¥Jnised in the year. AJI inccme and experltUre derive from wiD"nuing ath"¥.. Aful comparattve Stalement of FinancialActvibes forlhe year ended 31 Marth 2022 is shrym in note 20 ofthese Fina31 Statement5. The notes pages 14- 29 also cwnprise part oflhese Financial Statemen The statement ol financial ackn.b"eS a150 CoMp.S Ihe requwements irK¢Jme and expenthture account under the CompaniesAct 20C6.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD BALANCE SHEET AS AT 31 MARCH 2023 202J 2022 Notes Fixed a5se¢s Tangible assets 281,834 307,254 Current assets Debtors Cash at bank and In hand 360,232 939,111 219.237 952.325 1.299,343 1,171,562 Creditor5'. amounts falllTrg due within one year 11 1121,5141 1151.856) Net current assets 1,177.829 1.019.706 Tolal assets less current liabilhties 1.459,663 1.326,960 Credltor5- amounts falling du• aft•r More than one year 12 14.0851 19,5071 Nel assets 1.455,578 1,317,453 Incom¢ funds Restrrcted fvjnds Unrestrictèd 16 17.775 1,437,803 1.317,453 17 1.4,$?8 1,317,453 The notes on pages 15- 30 also cornwise pwt of these Financial Statements. These financial statements have been prepared in XCOrdar wfjth the special provisi5 of Part 15 of the Companies Act 20C6 relatsng to Charrtl& smau companie& The financial statements were apwoved by the Trustees on.l. O].1112023 and ggned on its behalf by.. Nortkag A Nothage Trust•¢ Company Reglstration No. 04S78SOJ 12-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Cash Ilows Irom otating activities Cash (used inllgeneraled from operats'cffls 113.2141 69,530 Net IdecreaseifincTease in cash and cash equivalents 113.2141 69.530 Cash and cash equivalenls al beginning of ye 952,325 882,795 Cash and cash •quival•nts at end of year 939.111 952.325 13-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies The printspa aCCJntlng policies adopted, judgements and key sources of estimation uncwtainty in the preparation of Ihe financial statements are as follows. Charity information Crtttens Advice Bradfcrfd & h'redale and Bradford Centre Ltd is a wvate company lirnited by guarantee inCorrated in En¥arNI and Wares. The regi¢ ¢ffi¢e 1$ 31 Monor Row, Bradftyd, B01 4PS. 1.1 Accounting con¥enllo The finanrial stslemenis have been wepared in accordance wrth the tharilys Artides of Association. the Companies Act 2006, FRS 102 The Finanoal Repo"ng Standard applicable in the UK and Repvblic of Ireland. I'FRS 102.1 and the Chanties SORP 'Ac£wnb"ng and Reprytsng by Charthes." Statement of Recommended Pradice apF4icable to charitS prep3ring theii accounts in accordance with the Financial Repo"n9 Standard applicaL4e in the UK and Republic of keland IFRS 1021" {effeclive 1 Jwuary 20191. The Charity is a Public Benefrt Entity as defined by FRS 102. The finanaal siaternents afe prepared in stwting. is the hjnctional currency of the charity. Monetary amounts in these financial statements are rwnded to the nearest £1. The fiDciaL statements have been prepared uThJer the historical cost convention. rnodified to indude the certa"n financial Instrurnents al fair value. The prinry nting Fx4icies a&Jpt•d are set bdow. 1.2 Golng GOnM At the time of approving the finanraal statements. the trustees have a reasonalje expeclabon that the charrty has adequate reswrces to continue in operakn"Ma ex5terKe for the loreseeable futu. Thus the tru$tee$ coninue to adopt the going concem basis ot accounting in prepamg t finanryal statements. 1.3 Ch•ritsble lunds General unrestricted funds - are availae for vse al the direon of the tru5teÈs in lUrtherarè of their charitable objectives unless Ihe funds have been designated for othei pu(poses. Restricted funds - are sul'ect to speofic cOnd.S by dorKffs as to they may be used. Expenditwe which meets these criteria is charged lo the fund together a fair afiocab.on ol mana9émént and support cost5. The purposes and uws of the reslrKied lund5 are set LKrt in Ihe notes to th• finanoal statements. 1A Income Income is reccJnised in the Ststemenl ol Finanuzl Activilies fsoFAI vhwn the drity is legally èntiued to it after any performre COnd.0nS have teen met. the amount5 can be measured feliably. and rt is probatrAe that inccrfne il be received. Grants. induding Govemment Grants: vthefe enDttement Is not cotNlIticaI on the delivery of a specific perfomiance by Ihe charity, are recogrrfsed in the SOFA the chty becomes Uncond"0naY entitled to Ihe granl. Cash donalthis we r8cogritse¢1 in the SOFA on rece. Other ¢Jcfflat#S are recognised ce the chan.ty has been notiffied of the donabon. unless perfonnance conditims quire deferral of Ihe arnount. Income tax recOVerae in relation to donati($ recwved under GbftAd is reccsnised at Ihe )"me ofthe donab"on. The charity benefits 9ieaty from the invdvement and enthusiastsc support of its many volunteers, detsils of which are given In our annual reFrtNt. In accordance Charrties SORP IFRS 1021. the economic contribution of genwa volunleers is not reccsnised in the ffinarKial siaiements. 14-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accountlng poltcles Icontlnuedl 1.5 Expenditure Expendilyre, which indudes attributaLle VAT cannot be rery)ve¥ed. is recognised once there 15 3 legal or conslnJctive lgats.0n to make a payment to a third party, rt is wobaL4e that settlement W411 be required and the amount of the obligation can be rneasured rdiabty- Charitst4e expendrtwè conprises Ihose ¢osts incurred by the tharity in fv deliverarrk of rts actiwties and services fcf its benef"alle$. It indudes iN)th costs th can be dÈractty allocated io such actiwtie$ and those sts ol an indirect nature necessary to support them. Governance costs. induded in supwt costs. indude those costs incurred in the govemanee of the charity and ils assets an¢J a primarify associated wilh ¢onsbtutional and statutory requirements and are allocated to charitat4e activities. I costs alloGed beh¥een Ihe expenditure Gegories ofthe SOFA on a basis designEd to reflect th¢ use of the resour. Costs f•lakng to a parbudar actmty are kXated diredy, Lthers are 4)portioned on an appropriate basis. 1.6 Tanglble flxed assets Tangible fixed assets ale inib.ally measwed at cost and gJb5equently measurEd Cost or valuation. net of depreciab.on aThJ any impannent losse& Depreciati Is recognised 50 a5 to wlte off the ¢tsst ty vau"on of a$sets less re$hlLAI value$ over their vseful lives on the followng bases.. Freehold land and buildings Shcl leasehold Improvernents Pknt and equipment Overth• remaining life of the lease 33% $Wht line Freehold land is not deFfeoated. The Injstees consKler that the resiLJal value of the freehohj building, at Ihe end of Its exFected etorbomic lrfe. Is expected to be such that any depCiati£. including accumulated deprecaation. wcdjld be immaterial and a5 gjch depCiati( is charged on freettold buildings. 1.7 Cash and cash equivalents Cash and cash equalentS indje cath in . deposts hehj at call ilh banks, other short-temi liquid investments original rnaturithes ol or less. barA¢ o¥erdraft5. Bank overdraft$ are shown within brown9S in current I1a.11t1es. 1.8 Flnanci•l snstrum8nts The rharity has elerte(I to apply Ihe provisi$ of Secty"on 11 '8asic Fan(la1 Irtstrumenls. and Setlion 12 'Other Finanoal Instwments Issues, of FRS 102 to al of rts finanoal irtstruments. Finala1 in5trument5 are recognised in the charitys balance sheel when Ihe tharity becrynes paty to Ihe contradual pro¥i&ons of the inSMent Finanaal asset5 and liab'litres are offset. th the net 8mwnts pSerted in the finanual stements, then there 1$ a legally enfofceable right to set off the iecojnised amounts and the is an intenbon to 5etUe on nel basis cff to ase the asset and setde tt)e liab.hty %mLtsneoJ. 15-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcles {Contlnuedl sic fIn¢141 a55ets Bagc finanual assets. Trfft4ch include debtS and cash and bwk balances, a initialty measured at Iransactyon induding transactycm costs and are sub5equenlly carried at alnubsed cost using the effective interest rnethod unkss the arrangement constitutes a finanting transathtsn, where the transaction is measured at the wesent value of the tUre receipts disccMJnied at a martet rate of interest. Finarboal assets dassrfied as e1¥ae within one year are not amorbse¢J. Impairnient oifinancial assets Financial assets. other than those held at lair value through inCne and exFenditure, are assessed for inthcators of impairment at each reporting date. Finanoal assets are impaired where there is objective ewdentt that. as a result of one w rne events Ihat 0rred after the initial rectsynition of the financial asset. the esb"mated future cash have teen affe¢ied. If an asset Is Impaired, the Imrnient loss is the difference betsn the carryng amount and the present value of the ests"maied cash flows discounted at the asw'$ on9inal efftive interest rate. The impairrnent loss is recognised in net incomellexpendilurel for the year. If the is a decrease in the ifflpairment I$ arisirvJ from event occurring after the impaiment wa$ recognised, the impairrnent is reversed. The reversal is such thal the current carrying amount does not exceed what the carryng amount would have been. had the impairment Mt Fxewously been recognised. The impaimient reversal is re¢o9nis¢d inwnellexpendibjfel for the year. De¢09lIon olllnanclalassets Fin8r(ial a55et5 are derecognised ¢Y when the contradual rights ts the cash fftsws from the asset eypre or are setued. or vrfhen the thanty transfer$ Ihe finan¢ial asset and substants.ally all Ihe ri$k$ and reward$ of ovmership ¢0 an¢Xher entsty, or rf some S1¢ant risks and rewards of ovmership are retained but cctr& of the asset ha5 tran51erred to anolher party that is atrAe to 5dl Ihe asset in rt5 entsrety lo an unrelated third party. Basic financialliabilieies Bagc frnancial liabilities, induding tredittys and tsa loat)s a inrtialty reccgnised at transaction price unless the arrangernenl wnstitLrtes a financing transacti, %%there the debt instrumeni is measured at the Ffesent valu¢ of the ftrture payments discounted at a rnarkel rate of Int¢SL Finaal lial"e5 dassified as payable vthin one year are not amorbsed. Debt instrumerts subsequenly caThied at amcrftIs cost. Using effec"ve terest rate melhc*J. Trade creditors are otrAigabons to pay for goods or seNces that have been acquired in the ordinary coursè ol operations frorn suppliers. Amount5 payable a classthed as clynI liatslrties rf payment is rjue wlhin one year or less If not, they are psented as notHJJrrent liats'lities. Trade credrtors a recognised initialty at tran5aGtw pl1 and subseqvenuy rneagjred at amortised c05t Using fv ellective interest methc4J. Derecognition of financial liabilities Financial liat4lilies ar• derecognised %then the charitys contraclual obligali'or6 expire LV are discharged or cancelled. 1.9 Taxation Citizens Advice Bradtsd & A"redale and Bradford La4¥ Centre Ltd is a registered tharity and as su¢h is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingty, the Charity is potentsally enlrtled to tax exemption unds part 11 of the CorporatKJn Tay Act 2010 crf section 256 of the Taxation of Ch¥rgeatrAe Gains Ad 1992 in fesped of inc(¥ne gains wisin 16-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accounting policies (Continu) 1.10 Employee b•neffts The cost of any unused hcaiday entitleMt is recognised in the peric#J the employee'5 services are received. Termination beneffts are recognTrsed immediately as an expense the chy is demstrablY commrtled to terniinate Ihe employment ol an emrAoyee or to prowde leInation benefrts. 1.11 Reilrement beneffts Payments to defined contrt"tth feth"rement benefft schemes are tharged as an eynse as they fal due. The chafity cc•tributes to The GrowAh Plan a(knini8tered by TPT Retirwnent Sc4Lrticffls. The Plan is a multi- ernployer pension plan. li is not posSie in the nomial c4)urse of events lo identify on a reasonable and consistent ba515 the charTrty'5 share of underfng assets and liaM"litses. In accordance wth Charities SORP IFRS 1021 the obligats'on to make good the defiut by way of defiat ¢¢tri1x ha5 been recognised in Ihese Finanual Statements at fair value. CrliiGJl accounting •Stbmates and judg•rnents In the applIcatn ofthe tharty's aOuntiNg pjlitses. trustees are required to malle jusJg•ments, •sbmates and assumpb'ons about t Carrng amount of assets and liabibties Ihat are not readity apparent from other sourr£s. The estimaies wKI a$sated assLbrnptsS are based on hislorical experience other factors that are considered to be rele¥t Actual resurts may differ from these e5timate5. The estsmates and underfrj asSumpts$ rwepd on tn9 basi& Rtwsions to a¢counting estimates iecognised in the period in thid) the ests.mate is revised the revision affects only that period. ov in the period of the reviwon and fulure period5 Trhthere the re¥ison affeds LY)th current and future periods. Key sources of estlmallon unc•rt•lnty The charity is a member ol a m¢jrnFI0yer defined benefrt scheme. The charty has recognised its liabilty under the deficit recovery FAan ai tsir value Kthich is based gn the rewmmendations of the stheme actvary. The actuary uses certain criD"cal assumptions, such as discourt rate. mortality and expected rates of relum en seTr9 the defKal recovery F4wJ sdme at each IneMaS review. Depreciation of Freethold buildlngs The trustees cLSider that the resdual vahje of the freehdd builthng, at the end of its expected econom life. is expecled lo be suth that any depreciation. InclvdirvJ aCmUlated depreaab"on. wwld te wnmaterial and as SLth no depreciation is tharged r freehcAd twji1th5. 17-
CITIZENS ADVICE BRADFORD &AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 Charitable activities 2023 2022 Grants, ccffjtracts and fee5 2,233,888 2,327,792 Analysis by fund Unrestricted fund5 Restricted funds 1.573.643 660,245 1.561,948 765.844 2.233,888 2,327,792 Grants. contracts and fee5 eMDC Lc4 1 IEquality Together) BMDC Lot 3 BMDC Lot 5 CCG lfare BeneffitsAdw"c¢ Money and Pengons SeNce Funded DebtAdvKe Project Lega$'d Agency Universal Cret1it. Help to Clavn NPG EnergyAdvice EU Funding BMDC- IT eqviprnent No Child cold rm spaces, wotywnme Acce55 lo Justs"ce Keighley Pathways Olher 20,800 472.099 745.420 12.357 23,400 530,507 837,642 11,917 317,733 211,947 259,784 462,032 127,723 283,567 7,750 31,500 15,500 30.995 578 80.000 14.672 46.958 5.622 8,458 2.718 2,233,888 2.327.792 Re5trided grants, contracts and fees the rJJrwt and pre¥M)U5 yew are del•"led in rk)te 14 to the Financia Statements. 18-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 ChJrll•ble activities 2023 2022 Staff costs Other staff and vdunteer costs Office and IT costs Premises cos15 Other &JtKotknct agency services 1,347,113 18,046 105,176 87,401 89.B13 260,465 1.412.558 12,889 110,693 93.820 61,932 289.478 1,928,014 1.981,370 Share of SUFPOrt costs Isee note 51 Shar• of govemance costs (see nc4e 51 158.709 9,013 114,431 6,590 2,095,736 2,102.391 Analysis by lund Unrestricted fvnds Reslnded funds 1,381.291 714.445 1,336,547 7£5,844 2.095,736 2,102.391 19-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS ICOPITINVEDI FOR THE YEAR ENDED 31 MARCH 2023 supwtcuts 57.892 57.892 39.131 YJ7 39,131 FTE OTrt trcosts Plemisescasts Dewecialon 69,625 3.7 44.3ll FTE 4.DJ2 FTE 25.420 Ory 1.208 FtE 17 2S,420 1.240 6.5W 42 42riJ 158.709 9.013 167.722 114.431 6.5 121,021
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Trustees None of tr trustees (C any Fersons ccmnecled th them) reced any remuneratr.cm Cf benefits from the charity dumg Ihe ye8r12022". none}. No travel expense we reimbursed to lfttstees l)g the year12022.' £r411. Employ8•s The average monthty numter of employees during the year was." 2023 Number 2022 Numb 47 55 Employment costs 2023 2022 ges and salaries Sockil sewrity costs Pension cOS 1,239.889 112.218 52,898 1,284,966 108,156 58,567 1.405.005 1.451,689 The cttst of sulxontrart agery seNces was £280.46512022". £289,478) as ddOSed in ntrte 4. The key rnanagement pers(mnel of Crtwnsthce Bradf(d & AAredale and Bradford Law Centre Ltd are the Trustees, Chief Execukn"ve. ts40 Speoalist Services Managers. Generalist SeNic•s Managers and Project Manager both financi years. The aggregate emFdoyment benefrts, induding emF4oyeCs national insurance and penson contribubms of the key management perne1 of the tharity were £262,47812022.' £250.3251. The number of employees se annual remuneraIic was £60.000 or more pre.' 2023 Number 2022 Number £60,000- £70,000 Taxatlon The chanty is exempt from tax on Income and gains falling wrthin section SOS of the Taxes ALI 1988 or section 252 of Ihe Taxatiorf Chargeat4e Gains Act 1992 to the exlent Ihat these are awied to its charitatle obj'ects. 21
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Tanglblt 16xtd assets Freehdrt land and builthrw5 Short Plant and 12a5ehold equipment irnprovefflents Total Cost At 1 April 2022 212,350 238,229 4.792 455.371 At 31 March 2023 212,350 238,229 4,792 455,371 Depreeiation and Impalmient At 1 April 2022 Deprecith"on charged in the 144,923 23.822 3,194 1,598 148,117 25,420 At 31 kqarch 2023 168.745 4.792 173,537 Carrylng amount At 31 March 2023 212.350 69,484 281,834 At 31 Marth 2022 212.350 93.306 1.59B 307.254 Freehold land induded wthin freehold land biwldings has an e51imated wst ( £63.70512022. £63,705). 10 Debtors 2023 2022 Amounts falling due ithin one year. Trade debloTS Prepayments and a¢uued in¢ome 220.812 139.420 154,702 64,535 0,232 219,237 11 Cfedltors: *mounts f•lllng due wknln one year 2023 2022 Other taxats'on and swal seclrrity Trade utditors Other creditors pensi¢ scheme deficit oblgations 26.634 66.821 22,610 5,449 32,729 44,717 68,961 5,449 13 121.514 151.856 Unpaid pensIC contributtons totaling É8.928 12022.. £14,956) ¢XrtStdIn9 and indude(I wihin oth ¢re(1ilors.
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 12 Credltors: amounls falling due after MO than one year 2023 2022 Pension defict obligations 13 4.085 9,507 13 Retlrement benefft schemes Defineofcontnbulion 5chemÈs The tharity operates a defined ContribAl pension stheme all qualty"rMJ employees. The a55ets of th$ scheme are held separatdy from Ihose of the charity in an indera)dendy administered ftmd. The tharge to the staternent of financia acli¥ity in re¥)ed of defined contribution sdmes was £47.898 12022." £S3,S671, at the balance sheet dale ¢tyth"butsons of £8.92812022. £14.956} were outstaThJing. Definèd bènèfit sehtmé The company a150 participates in The Grvrth Pkn. a scheme yovides benefits to some 1,300 non&asswated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible l(K the )MpY to obt&n sufficient informatK¥n to enable it lo account for the scheme as ¢Jefined ber7efrt stheme. Theref(¥e rt accounts for rt in acc(x¢Jance wrth Chariti¢s SORP IFRS1021 by providing for the yesent vatue of al crttritth'r to make grM)d Ihe deffiaL Where the stherne Is ¢Jefitit and where the chanty hJs agreed to a deficrt fun¢ng arrangement the company recognises a liabilty lof this obligation. The amount recognised is the net present value of the defKit reduclion contributions pay*)le under the agreement that relate5 to the defiat. present value is calculated using the discount ratè dera.led in the disdosures. The un1nding of the discount rate is recognised as a finance cosL Present Value of Obligation 2023 £OOO's 2022 £oixi's 2020 £OOO's Pr¢wt vau• of ot4ats"on 10 15 58 -23-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 Retirement btn•fft sch•mes (Continued) RoncIliatIon of opening ¢losing pn)ViSiO 2023 È000'5 2022 £OOO'$ Provigon at the start of the year Unwinding of disccJni Deficit contributions paid Actuar4al re4neasvrements- Impacl of any change in 3ssumpb.ty -Amendrnents to th8 tri1"0n sctrdu1e 15 {51 {151 28 Prov•sion al efftd of year 10 15 AJnount$ lallirYJ wrthin one year (note 111 Amount5 falling due after more than one year I 12} 10 10 15 In¢om and •xpendfiture Impact 2023 £OOO'$ 2022 £OOWs Intere5l expense Actuarlal re.measufernents: - Impacl of any dHnge in assumW"or -knendments to the conffibuts"c 5che¢AJle 26 28 Deficii Contributions Schedu The followng schedule details the fLrture deficrt contnbutyons agreed beWn the charity and the scheme. These ¢ClrIbU.QS have been used to derive the charity's balwhce sheet liablty ap.n9 the discDunt faclor noted bdow. 2023 £OOO's 2022 £oIKI'$ 2021 £QOO's Year 1 Year 2 Year 3 Year 4 Year 5 14 15 15 14 -24-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 13 Retirement benefft schemes Icontlnuedl Assumptlons 2023 2022 2021 Discount rats 5.52 2.35 0.66 The disCnt rates shovm atthte are the equivaenl discwnt ratès lCh, when used io discoLmt the fU1u recovery plan contriblrtions due. would give the same fegJlis as usw)g a lull AA corporate bond yield curve to discount the same recov plan contn'butions. 14 Operatlng lease commllmenis At the rewjrting end date the charty h•J outstanthng ccnmthÈnts for fulure minimum lèasè paymènts under nonnceable opera9 leases. fafi due as fcknbs". 2023 2022 Wthin year Belween and fve years 34,Q22 62.605 52,339 91,038 96.627 143.377 15 Related party transactlons Transaction5 7th related parties During the year Ihe charity entered into Ihe IrAcMing transac"on$ ith lated partres". Pam Essler. a TnJ5tee, 15 also a Trustee of CommwKabon Al.( Pladford & CA"strict. Tolal rents of £19,988 12022". £20.9061 were paid to Cc¥nmunicats'cffl Ac Bradfryd & "sIn"cl for office space. There are no ollw relafe¢J paty ITansadrons in Ihe current or the wevious financial year. -25-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 16 R•trfctsdluffl ISJYernEntfjn IAwd3 31 ItsEh1023 462,032 14S2.032) 283.W PU. 7.7 .7 51 157• 13e3,4181 1265.7121 65,e&5 S.Wk7 univers Cretht PGenergyth4e ND Chld ca BMDC. IToupn 259.705 r26.0471 4.948 12.357 39,375 The VCSdh¥ 126.5481 765.W (765.Wl 660.245 1714.4451 71.975 17,77S
CITIZENS ADVICE BRADFORD & AIREDALE AND 8RAOFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS IC(4Tr4UEDI FOR THE YEAR ENDED 31 MARCH2023 li fterfcthdfurA dunty par. VCSAl1ar- -27-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 17 Analys5s of net assets between funds Unrestricted Restricted funds funds 2023 2023 T(rtal Unrestrlcted Restrlcted funds funds 2022 2022 Total 2023 2022 Fund balances at 31 March 2023: Tangible fixed assets Net current assets Long term liabilities 281.834 1,160,054 14.0851 281.834 17.775 1.177,829 14,OB51 307,254 1.019,706 19.507) 307,254 1.019.706 (9,5071 1.437,803 17.775 1.455.578 1.317.453 1,317.453 18 Cash generated from optrations 2023 2022 Net income bef(Ye other recowised gains I Ilosses) Depreciation and irnpainnent ol tangible fixed assets Adjustments fv the defined benefit pen&on scheme Increase in debtors Decrease in credil¢xs 138,152 25,420 15.4491 1140,9951 130.3421 225,401 25,420 114,2801 135,7531 1131,258) Cash (absorbed byV9enerzted from operalions 113.2141 69,530 19 Anafysls of changes in netfvnds The charity had no debt during the ojrrent cff prewous yew. -28-
CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 20 comparn¥e Ststement ol Financial Activiti*s Unrestricted Restri¢led funds Totsl 2022 Chantable act'vities 1.561.948 765,844 2,327,792 Totsl Income 1.561,948 765.844 2.327,792 endlture on: Charitsble activities 1.336.547 765,844 2.102.391 Total expendiiurn 1,336.547 765,844 2.102,391 M•t Incom• lorthe year 22S,401 225,401 Other rt¢ognised gains and losses Actuarial gain on defined benefit pertson schemes 28.511 28,511 Net movem•nt in funds 253.912 253.912 Fund balantss at 1 April 2021 1.063.541 1.063.541 Fund balan¢ at 31 March 2022 1.317,453 1.317,453 -29-