Docu8i9n Enbelope ID: A276OB31-El8F61-9Oc{2E2FsF8C34E2 Charity Reglstration No. 1096130 Company Reglstratlon No. 04578503 (england and Wale$) 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 2025 •AE12184P* 2411212025 COMPANIES HOUSE A43
114
Do¢usi9n Envelope ID.. A276DB31-E1894F61-9oc2E2FsF8cJ4E2 CITIZENS ADVICE BRADFORD &AIREDALEAND BRADFORD LAW CENTRE LTD LEGALAND ADMINISTRATIVE INFORMATION Tru•t•O* S Azam A Northage R Lister R Beattie A Boslan S Robinson HKew U Daraz C Coghill (Appointed 4 December 2024) (Appointed 25 June 20251 Principal staff R Wilkinson - Chief Executive Secretary R Wilkinson Charfty numb•r 1096130 Company numb•r 04578503 Princlpal And regl•ter•d addr•88 31 Manor Row Bradlord BD14PS Auditor Azets Audit Services Limited 12 King Street LS12HL Bankers Unity Trust Bank plc 4 Brindleyplace Birmingham 812JB
Docustgn Envelope10: A276o831-E18W61-90c2E2FsFBe34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD CONTENTS Pag• Trustees, report Statement of trustees, responsibilities Independenl audltor's report 8-10 Statement of financial activities 11 Balance sheet 12 Statement of cash flows 13 Notes to the financial statements 14-30
Docus Envelope ID.. A276DBJ1-E18F81-gocQ.2E2FsF6cJ4E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 Thè trustees present their annual report and financial statements for the year ended 31 March 2025. The financial slalemenls have been prepared in a¢¢ordan¢e with the accounting poli¢ies sel out in nole 1 to the financial stalemenls and comply with the charity's Memorandum of Associalion. the Companies Act 2006 and 'Accounling and Reporting by Charities., Slalemenl of Rècommended Practice applicable to charitie5 preparing their accoun15 in accordance with the Financial Reporting Standard applicable in the UK and Rewblic ol Ireland (FRS 102), (effective 1 January 2019). Reference and Adminlstratlve Detalls The Legal and Administrative Information page forms part of this report. Objective8 and activities The Citizens Advice service provides free, independent, confidential and impartial advice to everyone on their rights and responsibilities. 11 values diversity, prornoles equality and challenges discrimination. The Charivs objectives are to promote any charitable purpose for the benefit of the communty In Bradford Dislrict and surrounding areas ('Ihe area of benefit.) by the advancement of educalion. the protection and preseThation of health and the relief of poverty, slckness and distress. In order to achleve the above objectives, the ser4ices aims are.. To provide the advice people need for the problems they face, To improve the policies and practices Ihal affect people'5 lives. When reviewing the aims and objectives of the charity, and in plannin9 fulure activities, the Trustees have complied wilh the duty in section 4 of the Charities Act 2006 to have due regard lo public benefit guidance published by the Commission. A¢hiov•ments and performance Q Cllents Supported 8,088 fjl Client Contacts 68,777 Issues / Activities Ljtl Income Gained £16.25m+ 43,684
Docusign Envelope ID.. A276DB31.E1894F61_90CO.2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievement and perfomiance Icontlnued) 2024125 has been another ¢hallenglng year. We have continued to operate in an environment of rising demand for voluntary sector services. a reslrictive funding landscape, and high inflation, all of which have increased the challenges faced by our clients and our own operational costs. We pay tribute to our staff and volunteers, whose commitment and resilience have enabled us lo deliver positive, practical change for people across Bradford and Airedale. Key priorities for the year. Supporting people with welfare benefit advice Hèlping people resolve debl Issues Addressing housing issues Supporting clients with immigration problems H•adlln• Numb•r8 (2024125): Clients supported.. 8,088 Clienl contacts.. 68,777 Activities.. 43,684 Outcomes - Income galned for clients.. £16,246 Service Channels (2024125): - Face-Io•Face'. 1,735 - Phone.. 23,800 Email.. 9,520 Video Call.. 1,144 D•mographlc•: - Age.. Largest group 234 {1,700+ clients) - Gender: 60°h female, 400/0 male DisabilitylLong-term heallh: 440/0 yes, 560/0 no Ethnialy.. 549/p Asian, 28Q/• While, 1 O•A Black, 89h Mixedlolher Impact Data: 960/0 weie experiencing stress, anxiety or depression due lo money worries. 84•/• found that money worries negatively impaded their physical heallh. 60•A worried about108ing iheir home. After receiving support: - 870A felt we had helped solve their money worries. 859/0 felt less slressed or anxious. 790A could better afford essentials like healing, food and transport. 711)/o understood how to manage their finances better. Servlce Dellvery Improvements: - Telephone remained the first polnt of contact for most clients. - Walk-in and video conferencing seprfices were maintained and expanded. Interpreter access improved, including BSL support. Cost Restructuring Programme120241251: In response to significant financial pressures and the need lo ensure long-tem sustainability. the organisation undertook a major cost restru¢turing programme during 2024125. This included multiple redundancy consullalions across teams, delinking from the NJC pay system, and targeted reductions in staffing with a focus on retaining key skills. Staff engagement was positive, and morale remained strong despite challenges.
Docusign Envelope ID.. A2760B31.E1894F61-90C1>2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievement and perfomiance {¢ontinued} Late in the year, the organisation secured new investment from the Energy Redress Fund lo dellver Energy Advice, cTealing new roles which miligated redundancy impacts. The programme was designed lo protect core seTvi¢es and ¢lienl access. and lo position the or9anisation for fvture stability. Fundraising The organisation does not acttvely fundraise from the public. All donations are voluntary, and no professional fundraisers are engaged. No complaints or regulalory breaches have been reported. Principal Funders in 2024125: Bradford Melropolilan Districl Council (BDMC) Money and Pensions Senii¢e (via Crtizens Advice) Legal Aid Agency VCS Alliance Health Partnerships - Energy Redress Fund (for delivery of Energy Advice sep4lces) Flnanclal r•vlow The net expenditure for the year before actuarial gains amounted to £33,338 (2024.. net expenditure of £32,867). Total funds at 31 March 2025 stood at £1.382,467 (2024.. £1,422,342) ol which £15,658 (2024.. £1,723> were reslricled. Reserves Pollcy The trustees have e8tabli8hed a policy whereby the unrestricted funds. not committed or invested in tangible fixed assels and not designated, being the free reserves held by the charlty, should be three lo slx months of expenditure.. which equates lo £632,458 - £1,264,916 in general funds. At this level the Truslees believe they would be able to conlinue the operations of Ihe charity. Al present the free rèsenies amount lo £1.139,158 (2024: £1,162,608),which within the largel level of reser¥es. The trustees will Teview Ihe policy annually. Pension Llablllty The charily participates in The Pensions Trust Growth Plan scheme and has an obligation to pay a past service deficit conlribulion. this is payable monthly in addition lo future seplice contributions. The pension liability at the year end stands al £10,164 which is the present value of the deficit reduclion contributions payable under the agreement. Golng Concern We have set out above a review of financial performance and the charivs general reserves position. Our planning process, including financial projections, takes into consideration the decision by Bradford Metropolitan Dislrict Council decision through the recommissioning to continue lo contract for the delivery of advice until March 2027. and confirms that we have ade9uate resources going forward. We have a reasonable expectation thal we will be able lo Gonlinue in operational existence for the foreseeable future and the financial stalements have been prepared on the basis that the charty is a going concem. Rl$k Management The trustees have reviewed their procedures in the light of corporate governance guidance contained within the Stalemenl of Recommended Practice 'A¢counling and Reporting by Charilies,. A risk assessment report Is contained within the business plan and anticipates potential changes lo the environm8nt in which the organisation is working and highlights how these would impact on ils services. In addition, il produces a fisk register, based on a malrix supplied by Citizens Advice - the national association. The organisational Risk Register is reviewed and updated at each Trustee Board meeting. The trustees are satisfied that systems are in place to mitigate the charity's exposure to the major risks to which it is exposed.
Oocusign Envelope ID.. A276D831-E1894F61-gOCO-2E2FSF8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Risk Management Icontinued) Citizens Advice Bradford & Airedale and Bradford Law Centre faces a range of operational risks and the key to successful risk managemenl is lo identify potential Tisks, the likelihood of them occurring and then obviate their impact. The risk register is a formal slalement of Crtizens Advice Bradford & Airedale and Bradford Law CenlTe'S risk management strategy and how the impact of polenlial risks can be minimised. Identifying the risks is prlncipal element of risk management and has been glven detailed and careful consideration. Areas thal are covered in this piocess include.. activities and ser4ices undertaken by the org3nisation our objectives targets and oulpuls required by funders and olhers the operating stru¢lure external faclors (statutory obligatlons. relalionshlps with funders) comparisons with other CABslcomparable organisations past performance and previous rlsks encountered. Citizens Advice Bradford & Airedale and Bradford Law Centre's objectives. its intemal organisation and the environment in which it operates are continually evolving and as a result, the risks it faces are not constant. Organisalional success derives. in part. from successful rlsk taking and 80 the purpose of internal ¢ontrol is to help manage and control risk appropriately rather than to eliminate it. The Trustee 8oard recognises its role as the ultimate authority in Ihe governance of the organisation and that the managemenl leam and staff recognises that they operate with delegated authority. The following measures will help minimise the risks inherent in any large and diverse voluntary sector organisalion whlch relies on a diverse range of fundin9 to meet all ils commilmenls.. Effedive appraisal of the Chief Executive and Managemenl Team. Internal management and supervisory controls that minimise risk of failing to deliver on exlsting grant agreements and contracts. Staff awareness of sources of funding and Ihe consequences arising from any failure to deliver services in line wilh grant agreements and conlracls. The effective use of probationary periods. annual appraisals, staff supervision and HR policles lo promp15y identify and deal with issues of concern. Engagemenl of DLP to provide HR advice & support. Regular case sheet ¢he¢king, IFRS, training lo ensu quality and Independent QAA assessments. Regular ieview and analysis of slalistics lo ensure largels are met. Mainlain good relationships with funders lo idenlify potential future funding problems and potential funding opportunllies. Ensure adequate financial reserves. Monthly financial monitoring against annual budget. Good communication belween volunteers, staff, Ihe Management Team and Ihe Trustee Board. Mainlaining independence and political neulrality to avoid conlli¢t of inlerests. Plans for the future Strateglc prlorities for 2025126 include: Conlinuing to strengthen financial sustainability through diversified funding Expanding digital access and support for dients, including remote advice channels Investin9 in staff wellbelng and development following the cost restructuring programme Enhancing partnerships with local organisations to improve referral palhways Monitoring and responding lo emerging needs in welfare benefits, housing, debt, and immigration advice
Docusign Envelope ID.. A276DB31-E1894F61-90Cfy2E2F5F8C34E2 CITIZENS ADVICE BRADFORD &AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 StNcture, goveman¢e and management Citizens Advice Bradford & Airedale and Bradford Law Centre is a charitable company limlted by guarantee and was sel up by a Memorandum of Association on 31 October 2002. The charitable company commenced operations on 1 April 2003 after acquiring the assets of the unincorporated Organisation founded in 1962. The Organisalion changed its Name from Bradford and Airedale Citizens Advice Bureau to Citizens Advice Bradford & Airedale and Bradlord Law Centre on the 3 February 2016 following the acquisition of Bradford Law Centre. The organisation is constituted under a Memorandum of Association dated 31 October 2002 (updaled in March 2022 and are based on the model Articles of Association provided by Citizens Advice Nationally) and is registered charity number 1096130. The trustees. who are also the directors for the purpose of company law, and who served during the year and up to the dale of signature of Ihe financial statements are sel out on the Charrty Information page. The management of Ihe organlsalion Is the fesponsibillty of the Trustee Board who are elected and ctropted under the terms of Ihe Articles of Association. Members, Ll•blllty The Iruslees of the bureau guarantee to conlrfbute an amount nol exceedlng £1 to Ihe assets of the tharrty In the event of windir)g up. Organlsation Structure The Trustee 8oard is responsible for the strategic direction of the organisation with certain powers delegated to the Finance and Petsonnel committees. The Chief Executive works closely with the tiuslees to agree organisalional priorities and is responsible for ensuring that the organisation meets its contractual. legal and membership obligations. Five ser4ice managers are responsible for the delivery of senii¢es as specified in accordance wilh quality and contractual requirements. In additlon lo 11$ 50 paid staff, the organisation has around 10 volunteers who work in a variety of Toles. Ouring 2024125, a management Teslructure was iniliated to stiengthen organisational infrastructure, align leadership capacity with operational needs, and support the implementalion of the cost restructuring progiamme. Ro¢ruitm¥nt and Appolntment of Management Commlttee The managemenl of the organlsalion is the responsibllity of the Trustee Board who are elected and Ctropted under the terms of the Articles of Association. Trusts• Inductlon & Tralnlng New trustees are provided with an induction pack containing information about the organisation, the work it carries out and the national Citizens Advice network. Induction meetings are held by the Chair ol the Trustee Board and the Chief Exe¢ulive, covering.. The role and obligations of twstees. Governing documents including the Memorandum and Articles. The Organisalion's aims and objectives and the membership Tequirements of Citizens Advice. The Organisalion's financial posilion and funding sources. Future plans and objectives. Trustees are also invited to attend training and Conferences run by Cilizens Advice at regional and nallonal levels.
Oo¢u$ign Envelope ID.. A276DB31-E1894F61-9oc2E2FSF8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Key manag•m•nt p•rsonn•l romuneratlon The pay of the Chiel Executive and Senior Management Team is reviewed annually and is nom)ally increased in line with inflation and comparable roles within the sector. Related Partles All trustees give their lime voluntarily. Any expenses reclaiffled by trustees from the charity are set oul in note 6 to Ihe financlal statements. Audltor The audrtor, Azets Audit Services Llmrled, is deemed to be reappointed under section 487{2) of the Companies Act 2006. Small Comp•ny Rul•• This report has been prepared in accordance with Ihe special provisions of Part 15 of the Companies Acl 2006. Olsclosurn of infomiation to audltor Each of Ihe Iruslees has confirmed that there is no information of which Ihey are aware whlch is relevant lo the audit, bul of which the auditor is unaware. They have further Confirmèd Ihal they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. The trustees, report was approved by the Board of Tru8tèes. SIBnpd by.. DABSOE4 Trustee Dated., 17 December 2025
Oocu$ign Envelope ID.. A276DB3l-E1894F61_90C2E2FsF8cj4E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the directors of Citizens Advice Bradford & Airedale and Bradford Law Centre Ltd for the purpose of company law, are responsible for Preparing the Truslees, Report and the financial statements in accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year whith give a true and fair view ol the slate of affairs of the charity and of the incoming resources and applicalion of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and then apply them consistently., obserle the methods and principles in Ihe Charities SORP; make judgements and estimates that are reasonable and prudent: slate whether applicable UK Accounting Standards have been lollowed, subject to any material departures disclosed and explained in the financial slatemenls., and prepare the financial statements on the going concem basis unlèss It Is inappmpriate to presume that the charily will continue in operation. The trustees are responsible for keeping adequate aGcounling records that disclose wlth reasonable accuracy at any time the financial position of the charity and enable them lo ensure Ihal the financial statements comply wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for takin9 reasonable steps for the prevention and detection of fraud and other irTegularilies.
Docusign Envelope ID.. A276DB31-E1894F61-90CO-2E2F5F8C34E2 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 Oplnlon We have audited the financial statements of Ciiizens Advice Bradford & Airedale and Bradford Law Centre Ltd {the 'charity'l for the year ended 31 March 2025 which ¢omprise the statement ol finan¢ial a¢tivilies, the balance sheet, the statement of cash flows and the noles to the financial statements, including a summary of significant accounting policies. The financial reporting framework thal has been applied in their preparation is applicable law and United Kingdom Accounling Standards, including Financial Reporting Standard 102 The Financial Reporting St8nd8rd applicable in Ihe UK and Republi¢ of Ireland (United Kingdom Generally A¢cepted Accounting Practice). In our opinion, the financial statements-. give a true and fair view of the stale of the charitable compan$ affairs as at 31 March 2025 and of Its Income and expenditure, for Ihe year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.. and have been prepared In accordance with the requlremenls of Ihe Companles Acl 2006. Bas1$ for oplnlon We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UKI) and applicable law. Our responsibilities under Ihose standards are further described in the Audilorfs rnsponsibilities for Ihe audil of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requiremenls that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe thal the audil evidence we have obtained is sufficient and appropriate lo provtde a basis for our opinion, Con¢lusions relating to going ¢oncem In auditing the financial statements. we have concluded that the Iruslees, use of the golng concem basis of accounting in Ihe preparation of the financial slatemenls is appropriate. Based on the work we have perfom)ed, we have nol identified any material uncertainties relaling to events or conditions that, individually or collectively, may cast significant doubt on the Charity's ability to continue as a going concern lor a period of at least hvelve months from when the financial stalemenls are authorised for issue. Our responsibililies and the responsibilities of the trustees wllh respect lo going ¢on¢ern are described in Ihe relevant sections of this report. Other Inforniation The other informalion comprises Ihe information included in the annual report other than the financial Statements and our auditor's report Ihereon. The Iruslees are responsible for the other information contained WFthin the annual report. Our opinion on the financial statements does not cover the othei informalion and, except to the extent otherwise explicitly stated in our report, we do nol express any form of assurance conclusion thereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent wilh the financial statements or our knowledge oblained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatemenls. we are required lo determine whether this gives rise lo a material misstatement in the financial statements themselves. If, based on the work we have performed. we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothlng to report in this regard.
Docuslgn Envelope ID.. A276DB31-E1894F61.90Clk2E2F5F8C34E2 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 Oplnlons on other matters prescribed by the Companlos Act 2006 In our opinion, based on the work undertaken in the course of our audit= the information given in the trustees, report for the financial year for which the financial statements are prepared, which includes the directors, report prepared for the purposes of company law. is consistent with Ihe financial statements,. and the direclors, report Induded within the trustees. report has been prepared in accordance with applicable legal requirements. Mattern on whlch we are roquir•d to r•port by èxceptlon In Ihe light of the knowledge and understanding of Ihe charity and ils environment obtained in the course of the audit. we have not identified Material misstatements in the directors, report included within the trustees. report. We have nothing to report in respèct of the following matters in relation to which the Companies Act 2006 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept, or relurns adequate for our audit have nol been received from branches nol visited by us., or Ihe financial statements are not in agreement with the accounting records and returns- or certain dlsclosuies ol trustees, remuneration specified by law are not made., or we have nol received all the information and explanations we require for our audit.. or the trustees were not enlitlad lo prepare the financial stalemenls in accordance wlth Ihe small ¢ompanles regime and take advantage ol the small companies, exemptions preparing the trustees, report and from the requirement to prepare a strategic report. Re8pon8lbllltl•8 of truste•8 for tho fin•ncl•l statement• As explained more fully in the slalemenl of IrLFslees' responsibilities, the trustees, who are also the directors ol the charity for the purpose of company law, are responsible for the preparation of Ihe financial stalements and for being satisfied that Ihey give a true and falr view, and for such internal control a5 the truslees determlne 15 necessary lo enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial slalemenls, the Iru51ees are responsible for assessing the ¢harily's ability lo conlinue as a going concern. disclosing, as applicable, matters related to going concern and usin9 the going oncern basis of accounting unless the tru$lees either intend to liquidate the ¢haritable rnPany or to cease operations, or have no realistic alternative bul to do so. Auditorfs r•8ponslbllfties for the audlt of the flnanclal statoments Our objectives are to obtain reasonable assurance about whether the financial statemenls as a whole are free from material misstatement. whether du8 to Iraud Of error, and to issue an auditors report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS {UK) will ahvays detect a malerial misstalemenl when it èxists. Misslaternents can arise from fraud or erroT and are considered material rf. individually or in the aggregate, Ihey could reasonably be expected to influence the economic decisions of users taken on the basis of these financial stalemenls. A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11 wvM.Irc.org.uklauditorsresponsibililies. This description fonns part of OUT audilorfs report.
DoCusn Envelope ID.. A276DB31-El8F61-gOC12E2FSF8c34E2 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 Extent to whlch the audit was consldered capabh ol detecting irregularities, includlng fraud Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibililies, oullined above and on the Financial Reporting Council's website, to delecl material misstatements in respect of irregularities, including fraud. We obtain and update our understanding of the entity, its activities. its control environment, and likely future developments, including in relation lo the legal and regulalory framework applicable and how the entiiy is complying with that framework. Based on this understanding. we identify and asse5S the risks of material mi$slatemenl ol the financial statements, whether due to fraud or error. design and perform audit procedures responsive to those risks. and obtain audit evidence thal is Sufficient and appropriate to provide a basis for our opinion. This includes ¢onsideration of the risk of a¢ts by Ihe enlity that were contrary lo appli¢able laws and regulatlons. induding fraud. In response to the rlsk of irregularrties and non<ompliance wilh laws and regulations, includin9 fraud, we designed procedures which included: Enquiry of management and those charged with govemance around actual and potenlial litigalion and claims as well as actual, suspected and alleged fraud., Reviewing minutes of meelings of those charged with governance., Assessing the exlent of compliance with the laws and regulalions considered lo have a direct malerlal effect on the financial statements or the operalions of the enlily through enquiry and inspection., Reviewing financial slalemenl disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations: Performing audil work over the risk of management bias and override of controls, Including testing of journal entries and other adjuslmenls for approprlaleness, evaluatlng Ihe business rationale of signillcanl transactions outside the normal course of business and reviewing accounting estimates for indicalors of potential bias,. and Performing audit work over the liming and re¢ognllion of Income and in parlicular whelher It has been recorded in the correct accounting period. Because of the inherenl limitations of an audit, thére is a risk that we will not delecl all Irregularllies, including Ihose leading to a malerial misstalemenl in Ihe financial slalements or non-¢omplian¢e with regulation. This rlsk increases the more thal compliance with a law or re9ulalion is removed from the events and transactions ieflected in the financial statements, as we will be less likely lo become aware of instances of non40mplian¢e. The risk of not detecting a material misstatement resulting from fraud is higher than for one resultin9 from error, as fraud may involve collusion, forgery, intentional omlssions, mlsrepresenlations, or the override of intemal control. Use of our rnport Thls report is made solely lo the charllable company's members, as a body, in a¢cord8nce with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so thal we might slate lo Ihe chantable company's members those matters we are required lo slate lo them in an auditors, report and for no other purpose. To the fullest extent pemitted by law, we do not accepl OT assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work. for Ihi$ report, or for the opinions we have fomied. Sl•nrf br. SSi(A lAwyL 7523F15W1443E... Jesslca Lawren¢• (Sonior Statutory Auditor) Azets Audlt Serviceg LimSted 22 December 2025 Chartèred Accountants ststutory Auditor 12 King Street Leeds LS12HL 10-
Docusign Envelope ID.. A276DB3l-E18F81-9ocfy2E2FSF8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restrfct•d 2025 2025 Total 2025 Total 2024 Note• Income from: Chanlable activities 1,940,831 555,682 2,496.493 2.259.839 Total income 1,940,831 555,682 2.496.493 2.259,839 Ex nditur• on: Charitable adivilies 1,847,932 681,899 2,529,831 2.292,706 Total expondlture 1,847,932 681,899 2,529,831 ' 2,292,706 Not in¢omollexpenditure) before transfers 92,899 (126,237) <33,338) (32,867) Gross transfers betsveen funds 16 (140,172) 140,172 Net (expenditurnllincome for the year (47,273) 13,935 (33,338) (32,867) Other recognlsed galns and losses Actuarial loss on defined bènefit pension $¢hemes 13 {6,537) (6,537) {369) Net movem•nt in fund• (53,810) 13,935 (39,875) (33,236) Fund balance$ at 1 April 2024 1,420,619 1,723 1,422,342 1.455,578 Fund balances at 31 March 2025 18 1,366,809 15,658 1,382.467 1,422,342 The statement of financial aclivilies includes all gains and losses recognised in the year. All income and expenditure derive from conlinulng activities. A full comparalive Stalemenl of Financial Activities for the year ended 31 March 2024 is shown in note 22 of these Financial Statements. Th8 notes on pages 14 - 30 also comprise part of these Financial Statements. The statement of financial activities also complies with the requirements for an Income and expenditure account under the Companies Act 2006. 11
Docusign Envelope ID.. A276DB3l-E1894F61-90C2E2FSF8e34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD BALANCE SHEET AS AT31 MARCH 2025 202S 2024 Plote$ Fixed assets Tangible assels 10 234,188 258,011 Current assets Debtors Cash at bank and in hand 11 445.310 865,142 296.389 1,171,620 1,310,452 1,468.009 Creditors: amounts falllng due within on• y¢ar 12 (155,636) (303.678) Net Current assets 1.154.816 1.164,331 Total ass•t# l•ss currènt Ilabllltl•* 1,389,004 1,422,342 Creditorn: amounts falling due aft•r more than ono year 13 {6,537) Not ass•ts 1,382,467 1,422,342 Income funds Restricted lunds Unreslricled funds 15,658 1,366,809 1,723 1,420,619 19 1,382,487 1,422,342 The notes on pages 14 . 30 also comprise part of these Financl81 Statements. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relaling lo charitable small companies. The financial stalemenls were approved by the Trustees on 17 December 2025 DA95DE4 age Trustee 147F._ Company Registration No. 04578503 12-
Do¢usign Envelope10.' A276DB31-E1894F61-90CO-2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Not08 Cash flows from operating activities Cash (used in)Igeneraled from operations 20 (306,478) 232.509 Net {d•creasellln¢r¢as¢ In ¢a$h and ¢ash equivalents . (306,478) 232,509 Cash and cash equivalents at beginning of year 1,171.620 939,111 Cash and cash equlvalents at ond of year 865.142 1,171.620 13-
Docusiw Envelope ID: A276DB31-E1894F61-90CO-2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles The principal accounting policies adopted. judgements and key sour¢e$ of eslimallon uncertainty in Ihe preparation of the financial statements are as follows.. Charlty Inforniatlon Citizens Advice Bradford & Airedale and Bradford Law Centre Ltd is a private company limrted by guarantee incorporated in England and Wales. The registered office is 31 Manor Row, Bradford, BD14PS. 1.1 A¢¢ountlng ¢onventlon The financial statements have been prepared in accordance with the charity's Articles of Association, the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland" {"FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Slalemenl of Recommended Practi¢e applicable lo charities preparing their accounts in a¢¢ordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Enlily as defined by FRS 102. The financial slalements are prepared in sterling, which is the funclional currency of the charity. Monetary amounts in these financial statements are rounded to the nearesl £1. The financial statements have been prepared under the historical cosl convention, modified to indude the certain financial instruments al fair value. The principal accounting policies adopted are set out below. 1.2 Golng conc•m At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to conlinue in operalional existence for Ihe loreseeable future. Thus the trustees continue to adopt the going concern basis of accounting In preparing thè financial statements. 1.3 Charitable funds General unreslricted funds are available for usè al the discrelion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purpose5. Restricted lunds - are subject to specific condilions by donors as lo how they may be used. Expenditure which meets these criteria is ¢harged to the fund together wilh a fair allocation of management and support costs. The purposes and uses of the reslricted funds are sel out in the notes lo Ihe financial statements. 1.4 In¢omg Income is re¢ognised in the Statement of Financial Activities C'SOFA > when the charity is legally entitled lo it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Grants, including Govemment Granls, where entitlement is not conditional on the delivery of a specific performan¢e by the charrty, are re¢ognised in the SOFA when Ihe charity becomes unconditionally enlitled to the grant. Cash donations are recognised in the SOFA on receipt. Other donations are recognised once the charity has been nolified of the donalion, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid is recognised al the lime of Ihe donalion. The Charity benefits greatly from the involvement and enthusiastic supporl of rts many volunteers, details of which are given in our annual report. In accordance with Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the financial statements. 14-
Do¢uslgn Envel(ye ID.. A276DB31-E1894F61-90CO-2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies (Continued) 1.5 Expendlture Expenditure. which includes attributable VAT which cannot be recovered, is recognised once there is a legal or constructive obligation lo make a payment lo a third party, il is probable that settlement will be required and the amount of the obligation can be measured reliably. Charitable expenditure comprises those costs incurred by the charity in the deliverance of its adivities and services for ils beneficiaries. 11 includes both costs that can be diieclly allocated to such activities and Ihose costs of an indirect nature necessary to support them. Goveman¢e costs, included in support costs, include those costs incurred in the governance of the charlty and ils assets and are primarily associated with constitutional and slatulory requirements and are allocated to charitable activities. All ¢o$ls are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating lo a particular activty are allocated directly, others are apportioned on an appropriate basis. 1.6 Tanglble Ilx•d a•••ts Tangible fixed assets are initially measured at Cost and subsequenlly measured at cosl or valualion, net of depreciation and any impairment losses. Deprecialion is recognised Go as lo write off the cost or valualion of assels less their residu81 values over Iheir useful lives on the following bases.. Freehold land and buildings Short leasehold improvements Plant and equipment Over the remaining life of the lease 334/• Straight line Freehold land 1$ nol depreciated. The trustee$ consider that Ihe residual value ol the freehold buildin9, al the end of its expected economic lrfe, is expected to be such that any depreciation, including accumulated deprecialion. would be immaterial and as such no depreciatlon is charged on freehold buildings. 1.7 Cash and ca$h •qulvalents Cash and cash equivalents include cash in hand, deposits held al call with banks. other short-term liquid investmen15 Wlth original malurilies of three months or less. and bank overdrafls. Bank overdrafts are shown within borrowings in current liabililies. 1.8 Flnancial Instrum•nts The charity has elected to apply the provisions of Seclion 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial inslrumenls. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial slalemenls, when there is a legally enforceable ri9ht to set off the recognised amounls and there is an intention to settle on a net basis or to reali5e the asset and settle the liability simultaneously. 15-
Oowsvjn Envelope ID.. A2760B31-E1894F61-90CO-2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng polici•• (Continued) Basic financial assets Basic financlal assets, which include debtors and cash and bank balances, are initially measured al transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transa¢lion. where Ihe transaction is measured al Ihe present value of the future receipts discounted at a market rate of interest. Financial asset8 Classified as receivable within one year are not amortised. Impaim?ent ol financial assels Financial assets. other than those held al lair value through income and expenditure, are assessed for indicators of impaiment at each reporting date. Financial assets are impaired where there is objective evidence that. as a result of one or more events that occurred after the initial recognition of Ihe financial asset, the estimated future cash flows have been affected. If an assel is impaired, the impairment loss is the differen¢e belween Ihe carrying amount and the present value of the estimated cash flows discounted al the assel's original effective interesl rate. The impairment loss is recognised in net incomel(expenditurel for the year. li there is a decrease in the impairment loss arising from an event o¢curring after the impairment was recognised, the impairment Is reversed. The reversal is such that the current carrying amount does not exceed whal the carrying amount would have been, had the impairment not previously been recognlsed. The impairment reversal is recognised in nel incomel(expendilure) for the year. Derncoqnltlon of flnan¢lal as8•ts Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the Charity transfers Ihe financial asset and subslanlially all Ihe risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained bul control of the a5sel has transferred lo another party that is able lo sell the asset in its entirety to an unrelated third party. Baslc Ilnanclal Ilabiliti•$ Basic financlal liabilities, including credltors and bank loans are initially recognised al transaction price unle88 the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymenls discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debl Instruments are Subsequenlly carried at amortised cosl, uslng the effeclive interesl rate melhod. Trade ¢redilors are obligations to pay lor goods or s8Nices 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 piesenled as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of finaneial liabilities Financial liabilities are derecognised when Ihe Charity's contractual obligalions expire or are discharged or cancelled. 1.9 Taxation Citizens Advl¢e Bradford & Airedale and Bradford Law Centre Ltd is a registered charity and as such is charily within the meaning of schedule 6 of the Finance A¢1 2010. Accordingly, the Charity is polentially entitled to lax exemption under part 11 of the Corporation Tax Ad 2010 section 256 of the Taxation of Chargeable GainsAct 1992 in respect of income and gains arising. 16-
Do¢usign Envelope ID.. A276DB31.El894F61-9)c2E2FsF8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ac¢ountlng pollclès (Conllnued) 1.10 Employeé beneflts The cost of any unused holiday entillemenl is recognised in the period in which the employee's serwces are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to lerminate the employment of an employee or to provide termination benefits. 1.11 Rètirement benefits Payments to defined conlribullon retiremenl benefrt schemes are charged as an expense as Ihey fall due, The charity contribules lo The Growth Plan administered by TPT Retirement Solulion8. The Plan is a multi- employer pension plan. It is not possible in the normal course of events to identify on a reasonable and consislenl basis the charity's share ol underfying assets and liabilities. In accordance with Chafilies SORP {FRS 102) Ihe obligation to make good the deficit by way of deficit contributions has been recognised in these Financial Statements at fair value. Critical accountlng •stimatsg and Judgeménts In the application of the charity's accountin9 policie$, the Iwslees are required to make Judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and asso¢ialed assumptions are based on historical experience and other factors Ihat are considered lo be relevant. Actual resulls may differ from these eslimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimales are recognised in Ihe period in which the eslimate is revised where the revision affects only that period, or In the period of the revlslon and luture periods where the revision affects both current and future periods. Key sou98 of estlmation unc•rt•Dnty Defin•d b•n•fft p•nslon schem• The charity is a member of a multi-employeT defined benefit scheme. The charity has recognised its liability under Ihe deficit recovery plan 81 fair value which is based on the recommendations of the scheme actuary, The actuary uses certain crilical assumptions. such as discount rate, mortality and expected rates of retum when settin9 the deficit recovery plan for the scheme at each triennial review. Dopreclation of Freehold buildings The trustees consider that the residual value of the freehold building, at the end of ils expected economic lrfe. 1$ expected to be such that any depreciation. including accumulated depreciation, would be immaterial and as such no depreciation is charged on freehold bulldings. 17-
Oocusign Envelope ID.. A2760B31-E18F6l-9ocfy2E2F5F8c34E2 CITIZENS ADVICE BRADFORD &AIREDALEAND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable actlvltles 2026 2024 Grants, contracts and fees 2,496,493 2,259,839 Analysis by fund Unrestricted funds Restricted funds 1,940.831 555.662 1,593,016 866.823 2,496,493 2,259,839 Grants, ¢ontract8 and fees BMDC Lot 1 (Equality Together) BMDC Lot 3 BMDC Lot 5 ICB Welfare Beneffts Advice Money and Pensions Setvice Funded Debt Advlce Project Legal Aid Agency Yorkshire Building Society Universal Ciedit.. Help to Claim IOTLS EU Funding Foodbank Bradford North Northern Power Grid Northem Gas CitA COL Debt Modernisation fund Wellbeing Project 2nd Tier Immigration Helpline Keighley Pathways Justice first fellowship Other 22,000 472.098 785.046 6,555 22,000 472,098 786,777 12,809 321,208 391.048 30,205 320,541 253,612 11,996 220,589 75.663 2,500 104.472 46.500 113.750 110,000 24,800 26,750 15,000 8,955 21,888 16,738 20.342 7.000 5.000 19.731 6.708 1,953 2,496.493 2,259.839 Restricted grants, contracts arKI fees for the current and previous year are detailed in nole18 to the Financial Statements. 18-
Docusign Envelope ID: A276DB31-El894F61-C0-2E2FsF8e34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltable actlvltles 2025 2024 Staff costs Other staff and volunteer costs Office and IT costs Premises costs Other Su&contracl agency services 1,705,322 1,569,919. 21.933 13,802 131,030 114,664 117.186 124.609 119,461 109,993 206,811 193,489 2,301,743 2,126,456 Share of support costs (see note 6) Share of governance costs (see note 6) 216.654 11,434 156,537 9,713 2,529,831 2,292,706 Analy•ls by fund Unreslricled funds Restricled funds 1.847.932 681,899 1,529,511 763,195 2.529,831 2,292,706 N•t mov•m•nt In fund• 2026 2024 The net movement in funds 15 Staled after chargin91(¢rediting)'. Fees payable for the audit of the charity's financial statements Oepreciation ol owned tangible fixed assets 8,800 23.823 7.200 23,823 19-
ID. A278DB3Il884F6I.4Xc2E2F6F0cjlE2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Support COA1% Support Gov•rn•nco 2026 Support eo•ta Gov•rnane• ¢ts•ts 2024 •1 of •llo¢•tlon siaff ¢osls Olh•r slpff and v¢luntO61 eO•ts Office and IT cos15 Pr•mises co¥ts D•preei8iion Olh•r 73.286 781 111.019 5.038 23.823 2.729 73.288 761 111.019 5.038 23.823 2.729 87.4e8 416 58.330 5.393 23.823 1.107 87.4e8 FTE 416 FTE 58,330 FTE 5.393 FTE 23,823 Dlre¢i 1.107 FTE Audlt fov¥ Accounlancy Leg•1 and prol•$•lon•l 8.800 2.600 8.800 2.800 34 7.200 2.500 13 7.200 2,5 13 216.854 11.434 226.088 156.537 9.713 ie6.250 Gov•mnce costs indudei f8•5 wyable lo the audhors of£8.80012024.. £7.2001 for audit re, nel ofVAT, alcfig wth a furfher £2.eoo12024.. £2.stKJi lor olh•r 6éNi$ provided. .20-
Docusign EnlOpe ID.. A276D83l-El8F61-oOcO-2E2FSF8¢34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Trustees Other than disclosed in note 17, none of the trustees (or any persons connected with them) received any remuneration or benefils fiom the charity during the year {2024'. none). No travel expense were reimbursed to trustees during Ihe year (2024.. £nil). Employees The average monlhly number ol employees during the year was.. 2025 Number 2024 Number 49 50 Employment CO8ts 2025 2024 lages and salarl95 Social se¢urily costs Pension costs 1.585,858 144.445 68,305 1,440,854 134.639 81,894 1,778,808 1,637,387 The cost of Su¢OntraCt agency serrfices was £206,811 {2024.' £193,469) as disclosed in note 4. The key managemenl personnel of Citizens Advlce Bradford & Alredale and Bradford Law Centre Ltd are the Truslees, Chief Executive. two Specialist Services Managers, hvo Generalist Services Managers and a Project Manager for bolh financial years. The aggregatè employment benefits, including employerfs national insurance and pension contributions of the key management personnel of the charity were £309,261 {2024: £225,231). There were no employees in Ihe current or prior year whose remuneration was £60,000 or more, Taxation The Charity is exempi from taxation on its activities because all its income is applied for charitsble purposes. 21
Docustgn Envelope ID.. A276D831-E1894F61-90CO-2E2FSF8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Tangible flxed assets Fv••hold Thd and bulldlng• Short l•#•hold Improv•m•nts Tot1 Cost At 1 April 2024 212.350 243,021 455,371 Al 31 March 2025 212,350 243,021 455,371 Depreclatlon and Impalrnient Al 1 April 2024 Deprecialion charged in the year 197,360 23,823 197,360 23,823 Al 31 March 2025 221.183 221,183 Carrying amount Al 31 March 2025 212,350 21,838 234,188 At 31 March 2024 212,350 45,661 258,011 Freehold land included within freehold land and buildin9s ha5 an estimated cost of £63,705 (2024: £63,705). 11 D•btors 2025 2024 Amounts falllng due wlthln one year: Trade debtors Prepayments and accrued income 213,053 232,257 153,797 142,592 445.310 296,389 12 Cr•ditors: amounts falling du• wlthin one y••r 2025 2024 note Other taxatlon and social securlty Trade creditors Other creditors Pension scheme deficit obligations 50.959 57.995 43,055 3,627 65,329 51,070 182.825 4,454 14 155.636 303,678 -22-
Docusign Envelope ID.. A2760B31-E1894F61-90CO-2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Crndltors: amounts falllng due after more than one year note 2025 2024 Pension scheme defict obligations 14 6,537 14 Retlr•m•nt benefit schemes Dellned contrlbution schemes The charity operales a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separalely from those ol the ¢harily in an independenlby administered fund. The charge lo the stalernent of finanGial activlty In respecl. of defined contributlon schemes was £56,894 12024: £56,894), at the balance sheet date contributions of £10,164 (2024: £4,454) were outstanding. Defined benefit scheme The company also participates in The Growth Plan, a multl-èmployef scheme which provides benefits to some 1.300 non-associaled participating employers. The scheme is a defined benefit scheme in the UK. It is noi possible for the Company to obtain sufficient information lo enable it lo account for the scheme as a defined benefit scheme. Therefore it accounts for il in a¢¢ordan¢e with Charities SORP (FRS102) by providing for the present value of all contribution to make good Ihe deficAt. Where the scheme is in deficit and where the charity has agreed to a deficlt fundlng arrangement the company recognises a liability for Ihis obligation. The amount recognised is Ihe nel present value of the deficit reduction contributions payable under the agreement that ielates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rale is recognised as a finance cost, Prn8•nt Value of Obll9ation 2025 £OOO'$ 2024 £000'8 2023 £OOO's Presenl value of obligation 10 10 -23-
Docusign Envelope ID.. A276DB31-E1894F61-90CO-2É2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Retirement benefrt schem•• (Continued) Reconciliation of opening and closing provision 2026 £000'8 2024 £000'8 Provision al the start of the year Unwinding of di5¢0unl Deficit contributions paid Actuarial re4neasurements: Impact of any change in assumptions Amendments to the contrlbution schedule 10 (5) Provlslon at end of year 10 Amounts falling due wilhin one year (note 12) Amounts falling due after mora than one year (note 13) 10 Income and expenditure Impact 2025 £OOO'• 2024 £OOO'• Interest expense Actuarbal r••me4•ur•m•nt•: Impact of any change in assumptions Amendments lo Ihe contribution schedule Deflclt Contribullons S¢hedul• The following schedule details the future deficit contributions agreed between the charity and the scheme. These conlributions have been used to derive the charity's balance sheel liability applying the discount factor noted below.. 2025 £OOO's 2024 £OOO's 2023 £OOO's Year 1 Year 2 -24-
Do¢u5ign Env?lope ID.. A2760B31-E1894F61-90C1%2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14, Retirement benefit schemes (Continued) A8sumptlon$ 2025 2024 2023 Discount rale 5.31 5.52 The discounl rales shown above are the equivalent single discount rale$ whl¢h, when used to discounl the future recovery plan contribulions due. would give the same results as using a full AA corporale bond yield curve to disLX)unt the same recovery plan conlribulions. 16 Operatlng lea•e commltrnents Al the reporting end date the charity had outstanding commilmenls for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2025 2024 Wrthin one year Between two and five years 36,296 4,296 34.022 33,179 40,592 67,201 16 Unrestricted funds The unrestricted funds of the tharity comprise the unexpended balances ol donations and grants which are not subje¢l to specific Conditions by donors and gfantOTS as lo how they may be used. These include designated fund5 whlch have been Sel aside out of unrestricted funds by the trustees for $pe¢ific purposes. At 1 Aprll 2024 Incomlng r•sou05 Resourc•s xpended Tran8fer• Galns and At 31 March losses 2025 General funds 1,420,619 1,940,831 <1,847,932) (140,172) (8,537) 1,366,809 Previous year: At 1 Aprfl 2023 Incoming resources Resources expended Transfers Gains and At 31 March losses 2024 General funds 1,437,803 1,593.016 <1,529,511) (80.320) {369) 1,420,619 -25-
Docusign Envelope ID.. A276DB31-E1894F61-9oC2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Related party transactions Transactlons vAth related parties A sibling of a trustee was employed by the Charity in the year as a Debl Advisor. The employment is on the charity's nomial terms and conditions. and the truslee concerned takes no part in appointment or remuneration decisions. There were no olher related party Iransactions in the current or the previous financial year which require disdosure. -26-
OOpJ1n EThdop¢10.' A27608J1-E11W4F¢I-•Kfy2EZFSF8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 18 RMirb¢t•d lund• The reslrlc18d fund8 of lh¢ ¢h•rity compri&0 the unexpended balarKo8 of don¥tlon• ond grants h¢kl ¢n Iru$l •ubi8¢t lo $p¢dfi¢ ¢ondhlons by donori 98 to how they may b• uMd. Mov•m•n¢ In lund• EMF•hOM¥¥• Mov•m•nt In fundi l•¢•rn• EAp•ndllUf• 4l•ne•41 l Aprtl 202) Trnfi•f•r• D•l•h¢•At I Awii 2•24 Tr•n•f•rn 31 2021 Money and PonOn Fund oobl Advic• Pro¢1 Unlvor$al Credll. H•lp 10 Ctsim IOTLS LégalAld Trainlng S¢h•m• Debt Modemlsollon 8MDC- IT eqtsipmint ICB Wfjll¥r• Benefrfs AdWc• The VCS alliance 2nd fier Immigralion Hel1• FooOb•nk Bradford North Ju$li¢¢ Fir$1 Ftllow5hip 320.540 220.589 75.663 6.380 8,954 1384,4e61 1227,8331 173,9401 63.928 7,244 321.208 1423.9761 102,768 1,n3 104.472 19.189 1107.5281 148,0651 1,333 26,878 4,942 2,071 348 S76 1.213 4.948 15,2981 12.809 21,888 8.555 16.738 38.000 48.800 8.000 18.5901 121.2391 120.3421 149.1291 15.0301 35 12,827 135,9281 15,658 2,629 3Q 17.775 606.823 1783,1951 80,320 1.723 555.e62 1681.8991 140,172 15.658 -27-
DrxwPJTr En¥ ID.. N27eoB31E1894Fei-gOCfv2E2FSFaC34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 R•stdct•d lund• IContlnu•dl Purpoi• ol r••trf¢t•d fvnd•'. Mon•y and Pen8ion8 S8Nk• Fund•d DeblAd¥i¢8 Project- fvnd5 8 l•Workers to dOrd•b1 to the finally •xduded. Unlver•81 Cmdll.. Hdp to Cl•im- frjndlng from the Department forwork gnd Pension8 IDWPI lo 818181 1h the UnNersal Credll Support project. IOTLS. frjndlng fromAccoi$ To Juil1¢0 fortho Imwtiwng Oui¢tsm•# Through Legal iupport IIOTLSI schem•. L•g•l Aid Tr•lnlno S¢h•m•. kndlng r••til¢tod for tr¥lnlng. Dobt Modorniiaiitsn- ndIng fv¢m NIONI1 Cllkz•ni lor IT •qulpm•ni for th• dèbt tsrwc•. 8MDC- IT •quipm8nt- bJnth'n9 from BMDC for puichale ollT equipment. Th• IC8 Welfare B•n•flts Prol•¢t- lundi advice to cll•nl8 In Iho BD2 and BD3 are98 oflh• Clty Ihiough Iho GP Surgeries and Soual Provklorn. Tho VCS Alliance- lunding 1¢ d•llver Wollare 8en•fils AoMc8 to client8 from Iho 3 Clty Communty Heatth Partn•r8hlp8. ¥AII help 18duc• th• insl8nc4J ol 8tr8Bs. daprestlon at)d Olher a$so¢Saled Ilne&se& as a re8uII of Debt. 2nd Tiw lrnmigralion H•lp1in•- forth• d•liv•ry ol• ¢on$uttancy hèlpline to Iho Clliz•n$ A¢•. Foodbank Biadford North . offering an acco88 point for people In Sradford and surroundlng areas who are tsdng personal cr+Ae8 and in need of lrn•ly informallon, advice & guidance. also lo prodI b•$poko Ind ho1151ic 8dvi&ry and support for Iho88 identified as facing desttk)n who are accesslng Ihv foodbank ere requlr8d. transfers h•¥e bMn mad• from unre¥tricl•d lunds Io cover 6hortfa16 in wojKI fvnding. -28-
Docusign Envelope ID.. A276D831-E1894F61-90CLk2E2FSF8C34E2 CITIZENS ADVICE BRADFORD &AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Analysls of net assets between funds Unrestricted Restricted funds funds 2025 2025 Totsl Unrestricted Restricted fund8 lund8 2024 2024 Total 2025 2024 Fund balances at 31 March 2025: Tangible fixed assets Nel current assets Long term liabililies 234.188 1,139,158 (6.537) 234.188 258.011 1,154.816 1,162,608 (6,537) 258.011 1,164,331 15,658 1,723 1,366.809 15,658 1,382,467 1,420,619 1,723 1,422.342 20 Cash gen•rated from operatlon8 2025 2024 Net income before other recognised gains l (losses) Deprecialion and impaiment of tangible fixed assets Adjustments for the defined benefit pension scheme Increaseldecrease in debtors <Decrease)lincrease in creditors (33,338) 23,823 (827) {148,9211 <147,215) (32,867) 23,823 (5.449) 63.843 183,159 Cash (absort)ed by)Igeneratsd from oporatlon• {306,478) 232.509 21 Analy818 of changes In n•t lunds The charity had no debl during the current or previous year. -29-
DOtsIgn Envelope ID: A276DB31-E1894F61-90CO-2E2F5F8C34E2 CITIZENS ADVICE BRADFORD & AIREDALE AND BRADFORD LAW CENTRE LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Comparative Statement of Financial Activities Unrestricted Restricted funds funds Total 2024 Income from: Charitable activities 1.593.016 666.823 2,259.839 Charitable activities 1,529.511 763.195 2.292,706 Total •xp•ndltur• 1,529,511 763,195 2,292,706 Net Incomellexpendlture) before transfers Gross transfers between funds 83,505 (80,320) (96.372) 80.320 (32,867) Net (expendituro)lincome for the year (16,815) <16,052) (32,867) Other recognlsed galn5 and losses Actuarial gain on defined benefrt pension schemes (369) (369) N•t mov•menl In funds (17,184) ' (16.052) (33,236) Fund balances at 1 April 2023 1,437,803 17,775 1,455,578 Fund balances at 31 March 2024 1,420.619 1,723 1,422,342 -30-