ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
(The Company is Limited by Guarantee)
OPERATING AS:-
ARUN AND CHICHESTER CITIZENS ADVICE TRUSTEES' REPORT AND AUDITED FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2023
Registered Charity No. 1099640
Company No. 04787378
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU “The Company” ANNUAL REPORT 2022/2023
Trustees’ Report
The Trustees present their report together with the audited financial statements for the year ended 31 March 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS102) in preparing the annual report and Financial Statements of the Company. The Financial Statements have been prepared in accordance with accounting policies set out in the notes to the Financial Statements and comply with the Company’s governing document This is reference to the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland, effective 1 January 2019.
continue to operate and meet the needs of clients in the event of unforeseen and potentially financially damaging circumstances arising. The Trustees consider that it would be prudent to set aside an amount equivalent to four months' (£446,172 as at 31[st] March 2023) operating expenditure.
Restricted reserves
The funds are restricted by the donor or funder and cannot be used for the general purposes of the charity. Their existence, and the sums of money therein, do not imply that there has been an underspend but may result from a variety of circumstances. This includes timing differences between the charity’s financial year and the funding year of the project concerned. The reserves policy is monitored and reviewed by the Trustees annually.
Status and Administration
The Company is a registered charity (charity number 1099640) and a company limited by guarantee (company number 04787378). The maximum liability of each member is limited to £1. At 31 March 2023, the Bureau 7 members.
The Company is governed by its Memorandum and Articles of Association issued on incorporation on 4 June 2003 and as amended in 2009, 12 September 2011, 21 November 2016 and 30 October 2018 per Charity Commission. The Directors of the Charitable Company are its Trustees for the purposes of Charity Law.
Decision Making
The Company is governed by its Board of Trustees who set the policy of the charity. Policies are implemented by passing resolutions at the Annual General Meeting. The Board consists of elected Trustees and appointed Trustees. Elected Trustees are elected at Annual General Meetings and appointed Trustees are appointed at Ordinary meetings of the Board. The Board meets at least 6 times a year.
Trustee training and Induction
Potential new Trustees are sent details of the charity and a short Charity Commission brochure explaining trustees’ responsibilities. New Trustees are provided with an induction pack which includes a fuller Charity Commission brochure and details of the charity. The Board looks to recruit Trustees who have skills helpful to the charity and offers training as required.
Review of Financial Position
At 31 March 2023, the Company held reserves of £687,124 (2022: £469,604) of which £687,124 (2022: £469,604) were unrestricted, representing the charities free reserves. Unrestricted funds are funds raised, or grants awarded, to the charity with no restriction on use other than they must be used in furtherance of the charity’s objectives and comply with the charity’s normal financial management requirements.
Unrestricted Reserves Policy
The Trustees believe that the charity should hold financial reserves in order to ensure that the charity can
1
ARUN AND CHICHESTER CITZZENS ADVICE BUREAU are a150 resp)nyL4e lor sJfe9uardln9 the assets ol thc Company and hence for taklng reasonablc stewa for the wthrrtlon wld detecti ol fraud and other Irrtyilwltles ANNUAL REPORT 202212023 Rlsk Managemont The Tiustees the flsks to which the c(xnpany may be eXSed. Thls OludeS owatlonal. finmclal, regukntw, exttrnal and I1% Thts Involves IdentIn9 types of rt5k aNI Thrttlr¥J systems In ce Eo ensure that slgnfflcant rtsks are rttoroed lor subsequent monitortrYJ. The Trusttts remaln satsfied that Insurnble rtsks have been Idenyw 8rn1 dequètely dealt wlth. Also, that the Comp(5 exF¥)sure to other risks Is kerA at a mlnlmum. Thls Is ty the PF4icaUon ol good workng kyactkes ty the Salary Polky The Company has an Intemal pay stnKbJre lor the varl(xts role5 wlth exh salary cakulavon belThJ based c J crAextlon of w wades sw hwr relatiNJ to the specllt r(Ae and capabllts. The Pay Structwe provkles pay Irfftases arKI ureer Vc•3ress, as well as ensuniYJ equal pty. Th•Je Is an amual pty revw this does guarlee an JnnLkl skn I. If approwate, rKI ldI Is avaIl1t, an annual py Jwafd mty be m, can: Publk Dqn•fft The CUrt athvlues ol ts cnY detsiied kn the annual fep(t. Tnts1 conllrm that have referred to the guIda claIned kn the Charfty • stay in dcfje to) lrtlkn rate5 vthffe Fwble. and DIKlosurn d Informakn to th• audltor In so far as ihe Trustees are aware; Thfse ts no relevart audlt knli)fmatkn of byhkh Ihe Owitth cnpan5 a(Klltty b unawa. the thwlty's alms obJxtlve5 In PIN1 fvture ttlvltles. Trust••s' R•wMlbllltl The Trustee5, WtK) a also the dlrecttys Cunpany lor the wrpose of company IJW, are re5pon51Ne YePn9 Trust&s' Re&rt and fina111 Statennts. Thls in xc(Ythnce wlth applt8ble law arnl United Kin9dorn Accounttng slalardS (Uniteja Klngthjn Accerted IntIng Practte). The Thtstees have tsken all steps thai they ht to have taken to make themsefves aware rekvarrt Inlorrnth and to •stablish thrt the is aware ol that The law appkatAe to charlts reqre3 the Tfustees to ewe flnJKial statennts lor eath fInala1 year gl¥e a t f y tr state ol affalrs rf th8 thadty. Thls Is based uFon the IncnIng resour and apKAkatlc ol resour5, Ind11 the IrKon wxl expendure, ol the charltable cmipany lor that year. of the Tnth has been wepared In accr(e wlth the speclal wovlsFons relatln9 to gnall c(xnpanbes ¥thn Part IS (rt the Companles Act 21J06 arnl was approved by the Iwrd on 6tX Novembu 2023 In weFwlno t1¢ flnal1 statefrnnts. the Trustee5 Jre requlred to: And slgnttl on Its behalf by . select 5ultable Kc04mtkng rdks tkn them . obser%t the methoth aNI pr11$ In Chwiiies SORP 2019 (FRS102); Hugh Flnlay - Chalrnian and wjent; . #ate WIer applkJble UK Kcountlng slandards hm b&n Idlowed, subjert to Jny math11 departures dlsdosed and expwned In the fina1 statenwits. . Yepa the flnarThil statements M the golng C¢XKem l>tsts unkn Inapproprk*e to that Ihe comp wlll contlnue In operatlon, The Trustees are reSptI• lor keeping adel accountlng rectyds that dlsdose wlth reas(wble ccuracy at any the finarKl ol the C1PanY and erble them to erejure that the lAcrtts
INDEPENDENT AUDITOR’S REPORT
TO THE MEMBERS OF ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
Opinion
We have audited the financial statements of Arun and Chichester Citizens Advice Bureau (the ‘charitable company’) for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet, Cash Flow Statement and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• give a true and fair view of the state of the charitable company’s affairs as at 31 March 2023, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements 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 that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the trustee’s annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the
other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to 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 nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
• the information given in the trustees' report (incorporating the directors’ report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and
• the directors’ report has been prepared in accordance with applicable legal requirements.
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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of directors’ remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit ; or
• the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the trustees’ responsibilities statement set out on page 2, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditor responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s 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 always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Capability of the audit in detecting irregularities, including fraud
Based on our understanding of the charity and the sector as a whole, and through discussion with the Trustees and other management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations related to health & safety, employment law and the Charities Act 2011. We considered the extent to which non compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities SORP (FRS 102) Second Edition (released October 2019), the Companies Act 2006 and other relevant charity legislation. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated Trustees' and management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks related to posting inappropriate journal entries to increase income or reduce expenditure. Audit procedures performed by the engagement team included.
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•Discussions with management and assessment of known or suspected instances of non-compliance with laws and regulations and fraud, and review of the reports made by management; and
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Assessment of identified fraud risk factors; and
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Challenging assumptions and judgements made by management in its accounting estimates; and
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Performing analytical procedures to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and
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Confirmation of related parties with management, and review of transactions throughout the period to identify any previously undisclosed transactions with related parties outside the normal course of business; and
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Performing analytical procedures with automated data analytics tools to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and
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Reading minutes of meetings of those charged with governance; and
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Review of significant and unusual transactions and evaluation of the underlying financial rationale supporting the transactions; and
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Identifying and testing journal entries, in particular any manual entries made at the year-end for financial statement preparation
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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the charitable company’s internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
• Conclude on the appropriateness of the trustees’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charitable company to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation (i.e.. gives a true and fair view).
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
Use of our report
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
resto Mowe, bbl
Lucy Hammond BSc FCA
Kreston Reeves LLP Statutory Auditor Chichester
20 November 2023
5
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account)
FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted | |||||
|---|---|---|---|---|---|
| Accumulated | Restricted | 2022/23 | 2021/22 | ||
| Note | Fund | Funds | Total | Total | |
| £ | £ | £ | £ | ||
| Income and endowments from:- | |||||
| 2 | |||||
| Donations and legacies | 4,025 | - | 4,025 | 2,095 |
|
| Charitable activities | 352,328 | 3,637,309 | 3,989,637 | 2,025,517 | |
| Investments | 2,856 | - | 2,856 | 585 | |
| Other Trading Activities | 1,120 | 16,075 | 17,195 | 13,566 | |
| ────── | ────── | ────── | ────── | ||
| Total Income | 360,329 | 3,653,384 | 4,013,713 | 2,041,763 | |
| ────── | ────── | ══════ | ══════ | ||
| Expenditure on | 3 | ||||
| Charitable activities | 135,402 | 3,660,791 | 3,796,193 | 1,899,850 | |
| ────── | ────── | ────── | ────── | ||
| Total Expenditure | 135,402 | 3,660,791 | 3,796,193 | **1,899,850 ** | |
| ══════ | ══════ | ══════ | ══════ | ||
| Net Income/(Expenditure) | 229,927 | (7,407) | 217,520 | 141,913 | |
| Transfers between Funds | 12 | (7,407) | 7,407 | ||
| Net movement in funds | ───── | ───── | ────── | ────── | |
| 217,520 | - | 217,520 | 141,913 | ||
| Reconciliation of funds: | |||||
| Fund Balances brought forward | |||||
| At 1 April 2022 | 10 | 469,604 | - | 469,604 | 327,691 |
| ────── | ───── | ────── | ────── | ||
| Fund Balances carried forward | |||||
| At 31 March 2023 | 10 | 687,124 | - | 687,124 | 469,604 |
| ══════ | ═════ | ══════ | ══════ |
All income and expenditure derive from continuing activities.
The Statement of Financial Activities includes all gains and losses recognised during the year.
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ARUN AND CHICHEsfER CrnZENS ADVICE BUREAU Comp•ny r•glstratlon rn>. 04787378 BALAIICE SHEET AS AT 31 MARCH 2023 2023 2022 Curr•nt ••••ts 1,369,092 863,857 237,723 919,033 Cash 4t bjnk and In hJNI 2,232,919 1,156,756 Cr•dltor•i amounts tslling du• wlthln one y1 1.545.825 687.IS2 N•t curf•nt ••••ts 687,124 469.604 687,124 469,604 Fundj Genernl FurK1 Dlj FuThls 687,124 15 687,124 Restrthd funds 12 687,124 469,004 small cofflpanles, re9kne wlthln Part 15 the cthe5 l£t 2006. 0¢ Ihe bowd ty: Hugh Flnkny
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU Company registration no. 04787378
CASH FLOW STATEMENT AS AT 31 MARCH 2023
| 2023 2022 | |
|---|---|
| £ £ | |
| Cash flows from Operating activities (note 1) | (58,032) 511,472 |
| Cash flows from financing activities: | |
| Bank interest | 2,856 585 |
───── ────── |
|
| Net cash provided by financing activities. | 2,856 585 |
| Change in cash and cash equivalents in the year | (55,176) 512,057 |
| Cash and cash equivalents at the beginning of the year | 919,033 406,976 |
───── ─────── |
|
| Cash and cash equivalents at the end of the year | 863,857 919,033 |
| ══════════ |
Note 1 – reconciliation of net income to net cash flow from operating activities
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Net Surplus (as per the Statement of Financial Activities) | 217,520 | 141,913 |
| Bank interest | (2,856) | (585) |
| Increase in debtors | (1,131,369) | (147,176) |
| Increase in creditors | 858,673 | 517,320 |
| ───── | ───── | |
| Net cash provided by operating activities | (58,032) | 511,472 |
| ═════ | ═════ |
Note 2 – analysis of net debt
| At | 1 | April 2022 | Cashflows | At 31 March 2023 | |
|---|---|---|---|---|---|
| £ | £ | ||||
| Cash | 919,033 | (55,176) |
863,857 |
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ARUN AND CHICHESTER CITIZENS ADVICE BUREAU NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting Policies
Basis of accounting
The financial statements have been prepared on a going concern basis under the historical cost convention, and in accordance with the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP FRS102) the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice effective 1 January 2019. The Financial Statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of the Financial Statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Arun and Chichester Citizens Advice Bureau meets the definition of a public benefit entity under FRS102.
Going concern
The financial statements have been prepared on a going concern basis. The core funding in 2022/2023 amounted to £308,807 which is 7.7% of the charity’s income. A Core funding contract is in place from September 2022 with WSCC for a funding contract of up to 7 years. At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and therefore have prepared the financial statements on a going concern basis.
Income and endowment
All incoming funds are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy and it is probable that the income will be received. Grants are recognised in the year in which they are receivable.
Other trading activities include the provision of office accommodation at a reduced rent.
No amount is included in the financial statements for volunteer time in line with the SORP (FRS102).
Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to a category. All costs have been allocated on a basis consistent with the use of the resource.
Expenditure on equipment
Expenditure of £2,500 or less on any individual equipment is charged as an expense in the Statement of Financial Activities. Computer upgrades and furniture/equipment replacements are written off in the year of purchase.
Apportionment of expenses and support allocation
Expenditure has been apportioned to charitable expenditure on the basis of direct apportionment. Where allowed under the terms of the grant, volunteer costs are included as an expense apportioned on a percentage of full-time equivalents. Support costs are allocated to each fund based on the full time equivalent of staff working on that fund. This percentage is applied to the cost incurred.
Pension contributions
The Company make pension contributions to one employee on a defined contribution basis and the Auto enrolment pension scheme (NEST) is provided for all other eligible employees and is charged to the Statement of Financial Activities for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid are shown as either accruals or prepayments at the year-end.
Taxation
The Company is a registered charity and is exempt from taxation (except for Value Added Tax) on its income and capital gains applied for charitable purposes.
Fund accounting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Restricted funds are used in accordance with specific restrictions imposed by the donors. The purpose of each restricted fund is set out in note 12.
Leasing
Rentals applicable to operating leases where substantially all of the benefits and the risks of ownership remain with the lessor are reflected in the Statement of Financial Activities.
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ARUN AND CHICHESTER CITIZENS ADVICE BUREAU FOR THE YEAR ENDED 31 MARCH 2023
- 1 Accounting Policies continued
Deferred Income
Deferred income represents the amounts receivable for the future periods, as specified by the donors or grant makers, and is related to incoming resources in the period for which it has been received.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from this impairment are recognised in expenditure.
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ARUN AND CHICHESTER CITIZENS ADVICE BUREAU FOR THE YEAR ENDED 31 MARCH 2023
2 Income
Grants:- |
2022/23 2021/22 Unrestricted Restricted Total Total £ £ £ £ Donations and legacies 4,025 - 4,025 2,095 ═════ ═════ ═════ ═════ Charitable activities Grants and other funding: Grants:- Local Authorities and Councils: West Sussex County Council (WSCC) 104,587 - 104,587 113,772 WSCC Crisis Fund – Fuel Vouchers - - - 68,000 WSCC /DWP – Winter Grant Scheme - - - 93,486 WSCC – Energy Single Point of Contact - 47,472 47,472 - WSCC/Household Support Fund (1,2 & 3) - 2,641,925 2,641,925 757,462 WSCC Multiply Fund - 136,475 136,475 - Arun District Council (Arun DC) 119,347 - 119,347 117,020 Arun DC - Arun Wellbeing Energy - - - 5,650 Arun DC – EU Settlement Fund - - - 10,000 Arun DC – Homes for Ukraine - 22,458 22,458 - Arun DC – Landlord Incentive Scheme (Debt Advice) - 38,000 38,000 - Arun DC – Social Prescribing Community Champions - - - 19,699 Arun DC -Energy Single Point of Contact - 17,987 17,987 - Arun DC – Funds towards Bognor Move 4,500 - 4,500 - Chichester District Council (Chi DC) 84,874 - 84,874 82,099 Chichester DC - Digital Money Coach - 5,502 5,502 8,420 Chichester DC – Debt Adviser - - - 20,500 Chichester DC – Energy Service - - - 13,000 City, Town and Parish 12,981 - 12,891 15,820 Crawley District Council – Dementia Outreach - 22,060 22,060 - Crawley District Council –Dementia Cost of Living Support- 6,669 6,669 - VAAC & Arun DC – Food Poverty - 77,300 77,300 40,625 Notional Rents - Benefit in Kind 26,000 - 26,000 26,000 ───── ───── ───── _ 352,289 3,015,848 3,368,137 1,391,553 Agility Eco - 38,164 38,164 - Bognor Foodbank - 13,870 13,870 - Chapel Street Outreach (Private Donor) - 2,667 2,667 - Citizens Advice - (Various Energy Advice projects) - 42,536 42,536 65,023 Citizens Advice - Help to Claim - - - 74,955 Citizens Advice - BEIS Innovation - - - 8,333 Citizens Advice - MaPS Debt Advice - 48,619 48,619 39,936 Citizens Advice - Single Queue - - - 10,000 Citizens Advice - TSB Volunteering Pilot - - - 1,600 Dementia Outreach (Private Donor) - 2,400 2,400 7,200 DWP – Kick Start Scheme - 3,758 3,758 10,949 Energy Redress - Round 8 - 77,672 77,672 151,912 Energy Redress 2 - 36,861 36,861 - Energy Redress - Fuel Vouchers - - - 80,121 Energy Redress – Winter Energy - 69,160 69,160 14,510 Good Things Foundation -Connect Up - - - 1,330 Henry Smith Foundation - 9,333 9,333 - National Lottery (Home Visiting) - 50,095 50,095 75,143 National Lottery Community Fund (Home Visiting) - 29,633 29,633 - Other Grants (including Ford, CitA) 39 - 39 5,125 |
|---|---|
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ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 2 | Income – continued | ||||
|---|---|---|---|---|---|
| Selsey Community Forum | - | 750 | 750 | - | |
| Sussex Community Foundation | - | 10,000 | 10,000 | 10,000 | |
| Tackling Fuel Poverty (SSEN, SGN, UK Power, Sthn, Wtr) - | 71,779 | 71,779 | 26,432 | ||
| Tesco Bags of Help | - | 167 | 167 | 833 | |
| Social Prescribing | - | 61,572 | 61,752 | 50,281 | |
| Warm Spaces (UKPN, SGN) | - | 52,425 | 52,425 | - | |
| ───── | ───── | ───── | _ | ||
| Total Charitable activities | 352,328 | 3,637,309 | 3,989,637 | 2,025,517 | |
| ═════ | ════ | ══════ | ═════ | ||
| 2022/23 | 2021/22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Investments | 2,856 | - | 2,856 | 585 | |
| ═════ | ═════ | ═════ | ═════ | ||
| Other Trading Activities: | |||||
| Admin costs- | - | 16,075 | 16,075 | 10,100 | |
| Student Placements | 1,120 | - | 1,120 | 3,016 | |
| Insurance claim (damaged laptop | - | - | - | 450 | |
| ───── | ───── | ───── | ───── | ||
| 1,120 | 16,075 | 17,945 | 13,566 | ||
| ───── | ───── | ───── |
───── | ||
| Total Income | 360,329 | 3,653,384 | 4,013,713 | 2,041,763 | |
| ═════ | ═════ | ═════ | ═════ |
Where appropriate, the rent and grant income figures include the value of free or subsidised accommodation. The restricted income in 2022/23 is in respect of charitable activities and this totalled £3,637,309 and other trading activities restricted income of £16,075. In 2021/22 the restricted income was in respect of charitable activities and this totalled £1,653,800 and other trading activities restricted income of £10,100.
12
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 3 |
Expenditure on Unrestricted Restricted 2022/23 2021/22 £ £ £ £ Charitable activities Salaries, NI and Employer’s Pension contribution 99,190 879,585 978,775 770,574 Staff and volunteer costs 10,032 - 10,032 3,616 Office plus premises expenses (inc Nominal rent) 13,703 124,342 138,045 113,680 Governance costs (note 4) 11,988 - 11,988 7,332 Publicity & Promotional 228 - 228 2,404 Misc Exp 261 - 261 - Fuel Vouchers (Purchased for projects) - 62,773 62,773 126,110 Winter Grant Scheme - - - 88,757 Agility Eco - 12,507 12,507 - Energy Redress - 47,048 47,048 56,869 Energy Redress – Winter Energy - - - 12,250 EAP Consumer - - - 12,520 Food Proverty - 27,708 27,708 - Tackling Fuel Poverty - 38,001 38,001 12,666 CoL Dementia - 1,357 1,357 - Household Support Fund (1,2 & 3) - 2,375,456 2,375,456 693,072 Multiply - 40,000 40,000 - Warm Spaces - 52,014 52,014 - ───── ───── ───── ───── 135,402 3,660,791 3,796,193 1,899,850 ═════ ═════ ═════ ═════ |
|---|---|
In 2021/202 the only restricted expenditure related to charitable activities and totalled £1,668,741.
| 4 | Governance costs | 2022/23 | 2021/22 |
|---|---|---|---|
| £ | £ | ||
| Audit fees | 10,710 | 6,480 | |
| Other | 637 | 218 | |
| Bank Charges | 108 | 112 | |
| Legal and Professional fees | 533 | 522 | |
| -------- | -------- | ||
| Total | 11,988 | 7,332 | |
═════ |
═════ |
||
| 5 | Staff Costs | 2022/23 | 2021/22 |
| £ | £ | ||
| Wages and salaries | 905,177 | 709,311 | |
| Social security costs | 58,185 | 48,281 | |
| Pension costs | 15,413 | 12,982 | |
| ---------- | ---------- | ||
| 978,775 | 770,574 | ||
══════ |
══════ |
Staff costs include Salaries, Employers National Insurance Contributions and Employers Pension Contributions. The average monthly number of employees during the year:
13
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Full time equivalent Total staff numbers 2022/23 2021/22 2022/23 2021/22 Number Number Number Number General / Admin staff 16 13.45 22 17 National Lottery -Home Visiting 2.03 2.01 4 4 Household Spt /Winter Grant 3.20 3.20 7 5 Help to Claim 0 1.50 0 3 Financial Capability (Multiply) 1.24 0 3 0 Energy Projects 9 3.8 10 6 Social Prescribing 2.3 2.3 3 3 Other small projects 2.7 2.7 6 3 Totals 36 28.9 55 41 No remuneration was paid, or other benefits received by any trustee, or any person connected with any trustee.
There were no expenses reimbursed to trustees.
The Trust considers its key management personnel comprise of the Chief Executive Officer, Finance Manager, Operations Manager, and two Project Managers. The total employment benefits including employer pension contributions of the key management personnel were £178,440 (2022: £173,137). No employees had employee benefits in excess of £60,000 (2022: none)
6
| Net income/(expenditure) for the year | 2022/23 | 2021/22 |
|---|---|---|
| £ | £ | |
| Auditor’s remuneration: | ||
| Audit fees | (10,710) | (6,480) |
| Bank interest | 2,856 | 585 |
| Operating leases – equipment | (9,149) | (19,517) |
| ════ | ════ |
7 Pension Commitments
An auto Enrolment Workplace Pension with NEST is provided for all eligible employees. The pension cost shown in note 5 to the accounts for the period represents contributions payable by the company and amounts to £15,413 (2022: £12,982).
8
9
| Debtors and prepayments | 2022/23 | 2021/22 |
|---|---|---|
| £ | £ | |
| Debtors | 1,360,635 | 226,727 |
| Prepayments | 8,457 | 10,996 |
| ──── | ──── | |
| 1,369,092 | 237,723 |
|
| ════ | ════ | |
| Creditors: Amounts falling due within one year | 2022/23 | 2021/22 |
| £ | £ | |
| Trade creditors |
1,061,500 | 499,120 |
| Accruals | 10,200 | 6,240 |
| Taxation and social security costs | 17,780 | 14,163 |
| Deferred Income | 456,345 | 167,629 |
| ──── | ──── | |
| 1,545,825 | 687,152 | |
| ═════ | ════ |
Deferred income relates to income received during the year that relates to projects carried out post year end.
14
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 10 | Funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | |||
| Accumulated | ||||
| Funds | Funds | |||
| £ | £ |
|||
| As at 1 April 2022 | 469,604 | - | ||
| Net movement in funds | 217,520 | - | ||
| ───── | ────── | |||
| At 31 March 2023 | 687,124 | - | ||
| ═════ | ══════ | |||
| 11 | Analysis of net assets between funds | |||
| Current year | Unrestricted | Restricted |
Total | |
| £ | £ |
£ | ||
| Current assets | 2,232,949 | 2,232,949 | ||
| Creditors: amounts falling due within one year |
(1,545,955) | - |
(1,545,955) | |
| ────── | ────── | ────── | ||
| 687,124 | - |
687,124 | ||
| ══════ | ══════ | ══════ | ||
| Prior year | Unrestricted | Restricted |
Total | |
| £ | £ |
£ | ||
| Current assets | 1,156,756 | 1,156,756 | ||
| Creditors: amounts falling due within one year | (687,152) | - |
(687,152) | |
| ────── | ────── | ────── | ||
| 469,604 | - |
469,604 | ||
| ══════ | ══════ | ══════ |
Restricted fund assets are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed. (See note 12)
15
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
12 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations held, to be applied for specific purposes.
| Movement in Funds 2022/2023 |
Balances 01.04.22 |
Incoming Funds |
Expended Costs |
Apportioned | Transfers between funds |
Balances 31.3.23 |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Arun DC – Debt Landlord | - | 38,000 | (33,771) | (4,363) | 134 | - | |||||||
| Agility Eco | - | 38,164 | (35,955) | (2,288) | 79 | - | |||||||
| Arun DC – Single Point of Contact | - | 17,987 | (15,744) | (2,311) | 68 | - | |||||||
| Bognor Regis Food Bank | - | 13,870 | (12,284) | (1,724) | 138 | - | |||||||
| CitA Energy Projects | - | 42,536 | (38,973) | (3,591) | 28 | - | |||||||
| Connect Up | - | 0 | (1,064) | (169) | 1,233 | - | |||||||
| Dementia Cost of Living | - | 6,669 | (6,221) | (835) | 387 | - | |||||||
| Dementia Support Outreach | - | 22,060 | (19,734) | (2,312) | (14) | - | |||||||
| Dementia Outreach | - | 2,400 | (2,187) | (259) | 46 | - | |||||||
| Digital MoneyCoach | - | 5,502 | (5,120) | (550) | 168 | - | |||||||
| Energy Redress (Round 8) | - | 77,672 | (72,092) | (5,591) | 11 | ||||||||
| Energy Redress 2 | - | 36,861 | (34,016) | (3,006) | 161 | - | |||||||
| Food Poverty | - | 82,300 | (77,282) | (5,163) | 145 | - | |||||||
| Fuel Voucher Scheme (East Sussex) | - | 16,075 | (14,359) | (1,847) | 131 | - | |||||||
| Henry Smith – Mental Health | - | 9,333 | (8,257) | (1,124) | 48 | - | |||||||
| Homes for Ukraine | - | 22,458 | (20,439) | (2,139) | 120 | - | |||||||
| Household Support Fund 1 | - | 26,666 | (23,848) | (2,935) | 117 | - | |||||||
| Household Support Fund 2 | - | 670,246 | (664,979) | (5,390) | 123 | - | |||||||
| Household Support Fund 3 | - | 1,945,013 | (1,925,945) | (19,162) | 94 | - | |||||||
| Kickstart | - | 3,758 | (3,296) | (486) | 24 | - | |||||||
| MaPS | - | 48,619 | (43,511) | (5,179) | 71 | - | |||||||
| Mental Health Outreach (Chapel St) | - | 2,667 | (2695) | (96) | 124 | - | |||||||
| MultiplyWSCC | - | 136,475 | (126,202) | (10,244) | (29) | - | |||||||
| National Lottery Home Visiting 1 | - | 50,095 | (44,781) | (5,401) | 87 | - | |||||||
| National Lottery Home Visiting 2 | - | 29,633 | (26,466) | (3,319) | 152 | - | |||||||
| Project Support Role | - | 10,000 | (9,003) | (1,375) | 378 | - | |||||||
| Redress Winter Energy | - | 69,160 | (68,178) | (1044) | 62 | - | |||||||
| Selsey Community Forum | - | 750 | (750) | - | - | - | |||||||
| Social Prescribing | - | 61, 572 | (58,206) | (6,548) | 3182 | - | |||||||
| TacklingFuel Poverty | - | 71,779 | (68,031) | (3,780) | 32 | - | |||||||
| Tesco Bags of Help | - | 167 | (171) | (19) | 23 | - | |||||||
| Warm Spaces | - | 52,425 | (52,193) | (240) | 8 | - | |||||||
| WSCC Single Point of Contact | - | 47,472 | (43,228) | (4,320) | 76 | - | |||||||
| TOTALS | - | 3,653,384 | 3,553,981 | 106,810 | 7,407 | - |
16
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| Movement in Funds 2021/2022 |
Balances 01.04.21 |
Incoming Funds |
Expended Costs |
Apportioned | Transfers between funds |
Balances 31.3.22 |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Arun Wellbeing Home Energy | - | 5,650 | (5,027) | (689) | 66 | - | |||||||
| BEIS – Innovation | - | 8,333 | (7,821) | (500) | (12) | - | |||||||
| BESN Energy & Energy Lead | - | 13,488 | (12,552) | (1,036) | 100 | - | |||||||
| Carbon Monoxide Advice | - | 5,685 | (5,584) | (217) | 116 | - | |||||||
| CDC Debt Adviser | - | 20,500 | (18,396) | (2,114) | 10 | - | |||||||
| CDC Energy Service | - | 13,000 | (11,967) | (1,066) | 33 | - | |||||||
| Connect Up | - | 1,330 | (1,211) | (139) | 20 | - | |||||||
| Dementia Outreach | - | 7,200 | (6,504) | (710) | 14 | - | |||||||
| Digital Money Coach | - | 8,420 | (7,665) | (774) | 19 | - | |||||||
| Energy Advice Programme | - | 10,080 | (9,447) | (737) | 104 | - | |||||||
| Energy Advice Programme - Consumer |
- | 35,770 | (33,622) | (2,168) | 20 | - | |||||||
| EnergyRedress(Round 8) | - | 151,912 | (144,464) | (7,407) | (41) | - | |||||||
| EU Settlement Scheme | - | 10,000 | (9,220) | (959) | 179 | - | |||||||
| Food Poverty | - | 40,625 | (37,775) | (2,963) | 113 | - | |||||||
| Fuel Voucher Scheme – East Sussex |
- | 8,300 | (7,911) | (508) | 119 | - | |||||||
| Fuel Vouchers Energy Redress (Round 7) |
- | 81,921 | (81,097) | (963) | 139 | - | |||||||
| Help to Claim (CitA) | - | 74,955 | (68,516) | (6,633) | 194 | - | |||||||
| Household Support Fund | - | 757,462 | (751,487) | (6,109) | 134 | - | |||||||
| Kickstart | - | 10,949 | (9,558) | (1,398) | 7 | - | |||||||
| Littlehampton Bags of Help | - | 833 | (827) | (73) | 67 | ||||||||
| MaPS | - | 39,936 | (36,391) | (3,667) | 122 | - | |||||||
| National Lottery – Home Visiting |
- | 75,143 | (68,259) | (6,890) | 6 | - | |||||||
| Redress Winter Energy | - | 14,510 | (14,130) | (439) | 59 | - | |||||||
| Social Prescribing | - | 50,281 | (48,619) | (4,250) | 2,588 | - | |||||||
| Social Prescribing – Community Champions |
- | 19,699 | (16,962) | (2,748) | 11 | - | |||||||
| Sussex Community Foundation | - | 10,000 | (8,840) | (1,355) | 195 | - | |||||||
| Tackling Fuel Poverty | - | 26,432 | (25,302) | (1,236) | 106 | - | |||||||
| Winter Grant Scheme | - | 93,486 | (93,224) | (499) | 237 | - | |||||||
| WSCC/EUG – Fuel Vouchers | - | 68,000 | (67,441) | (675) | 116 | - | |||||||
| TOTALS | - | 1,663,900 | (1,609,819) | (58,922) | 4,841 | - |
17
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
12 Restricted Funds – Continued
Expended Costs
Costs where monies are paid out by or to other organisations or clients. These include:-
Direct and apportioned salaries and direct expenses against the projects.
Apportioned costs
Costs are based on allocating expenses, office/IT, and premises costs on the ratio of employees directly managing each project compared to the total number of full-time employees.
Transfers between funds
These represent amounts transferred from unrestricted accumulated funds to finance any deficit on a restricted fund.
18
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
The purpose of the restricted funds is as follows:
- ADC Debt Landlord - To work with clients with high levels of debt who have difficulties managing their finances. Support
and guidance provided to improve clients overall financial position allowing them to better manage their commitments.
-
Agility Eco - Working with Brighton and Hove LCA and East Hants CA supporting those clients who are most vulnerable to fuel poverty with upgrades to reduce bills and make their homes warmer.
-
Arun DC – One-stop shop for all energy related queries for residents of the Arun district. Providing light touch and specialist Energy advice via telephone and video services.
-
Bognor Regis Foodbank - Supporting users of the Bognor Regis Foodbank to maximise their income.
-
Cit A Energy Projects - Providing consumers assistance with energy tariffs, benefits, and support available, ways to reduce energy bills and maximise energy efficiency and raise Carbon Monoxide awareness.
-
Connect Up - Delivering digital support sessions for older people and arranging and running weekly online meet ups .
-
Dementia Cost of Living - Provision of training sessions to frontline workers supporting those living with Dementia during the Cost-of-Living Crisis.
-
Dementia Outreach - Funded by Crawley DC to continue support at Sage House Dementia Support hub. (Original pilot funded by private donor)
-
Dementia Support Outreach - Pilot funded by private donor to provide support at Sage House Dementia Support hub. (Crawley DC funded after initial pilot).
-
Digital Money Coach - Workshops to provide digital skills to help clients manage their money online.
• Energy Redress (Round 8 and Redress 2)- Developing a regional energy advice service single point of contact. Training given to our core service advisers to upskill them in delivering energy advice and to make sure that they can recognise fuel poverty and offer light touch energy advice or refer to specialists if needed.
-
Food Poverty - Develop food coordination and support services to enable a move from food reliance to food resilience.
-
Fuel Voucher Scheme (East Sussex) - Administrative support to Hastings LCA in issuing fuel vouchers to those facing a financial crisis.
-
Henry Smith - Provide outreach service at Chapel Street Clinic in Chichester (Pilot originally funded by private donor)
-
Homes for Ukraine - Working with partner organisations to support all aspects of wellbeing of sponsors, guests and families who are part of the Homes for Ukraine scheme.
-
Household Support Fund (1,2,3) - Grants to support those at risk of fuel poverty by helping with costs of fuel & water debts, providing warm clothing / household items & energy efficient white goods.
-
Kickstart - Grants to support young people to get into work by providing a 6 month Fixed Term Contract with ACCA.
-
MaPS - Deliver debt advice to clients leading on to specialist case work.
-
Mental Health Outreach (Chapel St)- Pilot service to provide outreach service at Chapel Street Clinic in Chichester (Henry Smith funding after initial pilot).
-
Multiply WSCC - To provide numeracy champions to provide money management and numeracy skills to those who are most disenfranchised in need of support.
-
National Lottery – Home Visiting (Projects 1 & 2) - Home visits to provide advice to clients who are unable to visit a centre.
-
Project Support Role - Funding for full time project support role for 3 months.
-
Redress Winter Energy - Administrative support for the provision of fuel vouchers.
-
Selsey Community Forum - Fuel Voucher provision.
-
Social Prescribing - Link workers, based in GP surgeries in Littlehampton, Rustington, East Preston and Angmering, to provide a holistic approach to patient’s wellbeing.
19
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Continued - The purpose of the restricted funds is as follows:
-
Tackling Fuel Poverty - Joint project with Hastings LCA to provide a dedicated team of experienced utility advisors working in partnership with Health and Social care teams to provide practical and financial support to households in poverty. Including registration to the PSR, energy advice, access to key utility services including social tariffs, providing CO safety advice and access to CO alarms.
-
Tesco Bags of Help – Supporting clients in the local area.
-
Warm Spaces - Working with LCA's in East and West Sussex to deliver proactive and coordinated support programme in warm spaces providing support and advice with energy and debt intervention, cooking on a budget, providing essential "grab bags", carbon monoxide alarms, food vouchers etc.
-
WSCC Single Point of Contact - One-stop shop for all energy related queries for residents. Providing light touch and specialist Energy advice via telephone and video services.
13 Constitution
The Company is limited by guarantee and has no share capital. Every member of the charity undertakes to contribute to the assets of the charity in the event of it being wound up while they are a member or within one year after they cease to be a member, such amount as may be required not exceeding £1.
14 Commitments under operating leases
At 31 March 2023 the Company had annual commitments under non-cancellable operating leases as follows:
| Land and buildings | Other | |
|---|---|---|
| 2023 | 2023 | |
| Expiry date: - | £ | £ |
| Within one year | 2,000 | 6,865 |
| Between two and five years | 2,000 | 2,284 |
| ───── | ───── | |
| 4,000 | 9,149 | |
| ═════ | ═════ | |
| Land and buildings | Other | |
| 2022 | 2022 | |
| Expiry date: - | £ | £ |
| Within one year | 5,857 | 7,643 |
| Between two and five years | - | 8,370 |
| ───── | ───── | |
| 5,857 | 16,014 | |
| ═════ | ═════ |
20
ARUN AND CHICHESTER CITIZENS ADVICE BUREAU
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
15 Designated Funds
There were no designated funds during 2022/2023.
16. Related Party Information
There were no related party transactions which require disclosure under FRS102 SORP 2019.
21