2022-03-31-accounts - Charnwood Citizens Advice Bureau

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Trustees' and Directors' Report	Page 2-13
Statement ofTnrstees' and Directors' Responsibilities	14
Independent Examiner's Report	15
Statement of Financial Activities	16
Balance Sheet
Notes to the Financial Statements	18-34

applicable in the UK and Republic of Ireland (FRS 102)(effectiv	applicable in the UK and Republic of Ireland (FRS 102)(effectiv	applicable in the UK and Republic of Ireland (FRS 102)(effectiv	applicable in the UK and Republic of Ireland (FRS 102)(effectiv	applicable in the UK and Republic of Ireland (FRS 102)(effectiv	applicable in the UK and Republic of Ireland (FRS 102)(effectiv	applicable in the UK and Republic of Ireland (FRS 102)(effectiv	e 1 January 2	015).
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity number:					1102353
Company	number:				4984410
Authorised		& regulated		by	the Financial Conduct Authority		FRN:	617548
Registered		office:			Woodgate Chambers
					70Woodgate
					LOUGHBOROUGH
					Leics, LE11 2TZ
Trustee Directors (at			the	date ofthis report):
					David Berry	Interim	Chair
					Kenneth Anthony
					Michael Higgs	Hon. Treasurer
					Kanishka Narayan
Company	Secretary:				lan Dennis
Senior management			team:
					lan Dennis	Chief Officer
					Debbie Herbert	Deputy	Chief Officer / Operations		Manager
Independent		Examiner:			Helen Harrison MAAT
					CBS(Accounting)	Limited
					Oak Business Centre
					79-93Ratcliffe Road
					Sileby
					LOUG HBOROUGH
					Leics LE12 7PU
Bankers:					The Co-operative	Bank p.l.c.

		Note	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			Funds	Funds	2022	Funds	Funds	2021
Income from:
Donations &gifts		4	4,496		4,496	5,957		5,957
Charitable activities		5	63,499	206,049	269,548	63,928	169,678	233,606
Investment income		6	680		680	410		410
Other		7
Total income			68,675	206,049	274,724	70,295	169,678	239,973
Expenditure on:
Charitable activities		9	(58,765)	(205,710)	(264,475)	(54,486)	(172,916)	(227,402)
		10,11
Total expenditure			(58,765)	(205,710)	(264,475)	(54,486)	(172,916)	(227,402)
Net income I			9,910	339	10,249	15,809	(3,238)	12,571
(expenditure) before
exceptional item
Exceptional items			22,852		22,852	3,251		3,251
Net income forthe year			32,762	339	33,101	19,060	(3,238)	15,822
Transfers between	funds		2,641	(2,641)		(4,298)	4,298
Net movement in funds			35,403	(2,302)	33,101	14,762	1,060	15,822
forthe year
Reconciliation offunds:
Total funds brought			47,237	7,002	54,239	32,475	5,942	38,417
forward
Total funds	carried	17a	82,640	4,700	87,340	47,237	7,002	54,239
forward

BALANCE SHE As at 31 March	ET 2022
						2022		2021
					Note
Fixed assets
Tangible assets					12
Current assets'
Debtors					13	33,421		10,604
Cash at bank and in	hand				20	126,454		111,087
							159,875		121,691
Liabilities
Creditors: amounts	falling due within one year				14	(40,648)		(16,313)
							(40,648)		(16,313)
Net current assets							119,227		105,378
Creditors: amounts	falling	due	after	more
than one year
Provision for liabilities							(21,600)		(18,000)
Net assets before	defined	benefit pension					97,627		87,378
liability
Defined benefit pension funding			liability		16		(10,287)		(33,139)
Total net assets							87,340		54,239
Funds ofthe charity
Unrestricted & designated		funds		before	17	92,927		80,378
pension reserve
Pension reserve						(10,287)		(33,139)
Unrestricted and designated		funds					82,640		47,237
Restricted funds					17		4,700		7,002
Total charity funds							87,340		54,239

4 Donations
		Unrestricted		Restricted	Total 2022	Unrestricted	Restricted	Total 2021
Donations and gifts			4,496		4,496	5,957		5,597
Note that donations including Gift		Aid tax	recovery where appropriate.
5 Income from charitable	activities
Grant and contract income		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
receivable for charitable					2022			2021
activities.
Charnwood Borough Council
Core advice			62,428		62,428	62,428		62,428
Money Advice Homelessness support				26,597 23,073	26,597 23,073		28,561 23,052	28,561 23,052
Welfare Benefit				2,942	2,942		4,414	4,414
Communities Fund Round	3			4,934	4,934
Household Support Fund				1,084	1,084
Leicestershire County Council
Core advice				48,220	48,220		48,220	48,220
Covid 19Recovery Grant							16,790	16,790
Round 1
Covid 19Recovery Grant							533	533
Round 2
Community Shop Money				4,683	4,683
Advice project Deby advice project Leicestershire & Rutland				54,635	54,635		1,954	1,954
Community Foundation -Training
National Citizens Advice
Help to Claim service				22,288	22,288		24,895	24,895
Energy Best Deal IAdvice BEISRemote Working				8,093	8,093		4,800 3,620	4,800 3,620
Shepshed Town Council				9,500	9,500		9,500	9,500
Syston &District Volunteer Centre			1,071		1,071
Total income from charitable			63,499	206,049	269,548	63,928	169,6?8	233,606
activities
6 Investment income
		Unrestricted		Restricted	Total 2022	Unrestricted	Restrictedf	Total 2021
Interest received			680		680	410		410
7 Other Income

											2022	2021
(a) Movement in Pension		Deficit Funding				Obligation
Deficit contributions	paid										5,768	5,598
Unwinding ofdiscount —finance cost											(260)	(856)
Re-measurement	of liability		—Gain	/	(Loss)		arising	from	a change	in	153	1,491
assumptions
Re-measurement	—Gain	/	(Loss) arising			from	amendment		to contribution		17,193
schedule
Gain arising											22,852	3,251
(b) Pension PAYE Liability
PAYE tax paid by employees			due to incorrect deductions								7,320
Direct expenses incurred											120
Amounts recovered											(7,440)
Net
Total exceptional	gain										22,852	3,251

						2022	2022	2022	2021	2021
						Full Time		Head	Full Time	Head
						Equivalent		Count	Equivalent	Count
The average	number of paid	employees		analysed	by
function:
Advice workers and support staff Key management personnel							4.2 1.8	7.0 2.0	4.0 1.6	8.0 2.0
Total								9.0	5.6	10.0
									2022	2021
Employment costs Wages and salaries Social security costs Other benefits —childcare vouchers									166,031 7,700 1,'961	128,547 5,169 240
Pension costs	—defined contribution		schemes						7222	6,256
Other pension	costs —defined benefit		schemes	—SVSPS	(see	note 16a)			5,755	5,587
Other pension	costs —defined benefit		schemes	—Growth	Plan	(see note	16b)		11	11
									188,680	145,810

Debtors
		2022	2021
Trade debtors		14,562
Prepayments		9,240	7,431
Accrued income		2,299	3,173
Other debtors		7,320
		33,421	10,604
Creditors: amounts	falling due within one year
		2022	2021
Trade creditors		1,751	3,182
Taxation and social Deferred income *	security costs	2,453 12,149	1,992 2,953
Accruals		16,425	7,652
Other Creditors		7,320
Pension contributions		550	534
		40,648	16,313

The charity has the following provision, in addition to the pension ob	ligations in Note 16below.
	Property
Balance at 1 April 2021		18,000
Statement offinancial activities impact:
Charge forthe year		3,600
Amount released
Balance at 31March 2022		21,600

		2022		2021
%	per	annum	%per	annum
		2.30		0.86

			31 Ilarch	31 March
Year			2022	2021
Year 1 - 31 March		2023 (31 March 2022)	4,768	5,755
Year 2			4,911	5,928
Year 3			843	6,106
Year 4				6,289
Year 5				6,477
Year 6				3,336
Gross amount payable			10,522	33,891
Effect of discounting			(248)	(795)
Amount	provided	at year end	10,274	33,096

17 Movement in Funds
17aCurrent year
					Balance	Income	Expenditure	Transfer	Balance
					at 31st			between	at31st
					March			funds	March
					2021				2022
Unrestricted funds
General Funds					64,375	68,575	(35,913)	(28,211)	68,927
Pension Fund					(33,139)			22,852	(10,287)
Total General funds					31,236	68,675	{35,913)	(5,359	58,640
Designated fund —Equipment					16,000			8,000	24,000
Total Unrestricted funds					4?,236	68,675	(35,913)	2,641	82,640
Restricted funds
Charnwood Borough Council			—Money			26,597	(26,597)
Advice (a)
Charnwood Borough Council			—Welfare			2,942	(3,036)	94
Benefit (b)
Charnwood Borough Council			—	Covid			{1&350)
Recovery Grant (c)
Charnwood Borough		Council				23,073	{23,073)
Homelessness Prevention	(d)
Charnwood Borough Council —Household						1,084	(1,084)
Support Fund (e)
Citizens Advice - Energy	Advice		(f)			8,093	(6,075)	(2,018)
Citizens Advice —Help to	Claim (g)					22,288	(19,848)	(2,440)
Citizens Advice —BEISRemote			Working		844		(844)
Fund (h)
Leicestershire County Council		—Core			4,402	48,220	(49,320)		3,302
Advice (i)
Leicestershire County Council-
Signposting and Community Support				(j)
Leicestershire County Council		—Covid			46		(46)
Grant Round 2 (k)
Leicestershire County Council—						4,934	{4,934)
Communities Fund —Round 3(I)
Leicestershire County		Council				4,683	(4,947)	264
Community Shop (m) Leicestershire County	Council		— Debt			54,635	(54,744)	109
Advice (n) Shepshed Town Council	—Outreach			(o)	1,702	9,500	(9,812)		1,390
Total Restricted funds					?,002	206,049	(2059710)	(2,641)	4,700
Total funds					54,239	274,724	(241,623)		87,340

17 Movement in Funds (continued)	17 Movement in Funds (continued)	17 Movement in Funds (continued)	17 Movement in Funds (continued)
17b Prior year
				Balance	at	Income	Expenditure	Transfer	Balance	at
				31st March				between	31stMarch
				2020				funds	2021
Unrestricted funds
General Funds				60,865		70,295	(51,235)	(145,549)	64,375
Pension Fund				(36,390)				3,251	(33,139)
Total General funds				24,475		70,295	(51,235)	(12,298)	31,236
Designated fund - Equipment				8,000				8,000	16,000
Total Unrestricted funds				32,475		70,295	(51,235)	(2,298)	4?,236
Restricted funds
Charnwood Borough	Council		—Money		44	28,561	(28,929)	324
Advice (a) Charnwood Borough	Council	—Welfare				4,414	(5,247)	833
Benefit (b)
Charnwood Borough	Council		—Covid			3,339	(3,339)
Recovery Grant (c)
Charnwood Borough Council				4,211		23,052	(31,434)	4,171
Homelessness Prevention (d)
Citizens Advice - Energy Advice			(f)			4,800	(2,331)	(2,469)
Citizens Advice —Help to Claim Citizens Advice —BEISRemote			(g) Working			24,895 3,620	(29,697) (2,776)	4,802		844
Fund (h)
Leicestershire County	Council	—Core			15	48,220	(43,833)		4,402
Advice (i)
Leicestershire County	Council-
Signposting and Community Support (j) Leicestershire County Council —Covid						16,790	(9,516)	(7,274)
Grant Round 1 (p) Leicestershire County	Council	—Round 2				533	(487)			46
(k)
Leicestershire & Rutland		Community				1,954	(2,962)	1,008
Foundation —Grant re Training (q) Shepshed Town Council —Outreach (o)				1,664		9,500	(12,365)	2,903	1,702
Total Restricted funds				5,942		16S,6?8	(172,916)	4,298	7,002
Total funds				38,417		239,9?3	(224,151)		54,239

		Unrestricted	Restricted	Total 2022	Unrestricted	Restricted	Total 2021
						f.
Fund balances	at 31 March
are represented	by:
Tangible fixed	assets
Net current assets		82,640	4,700	87,340	47,237	7,002	54,239
Total		82,640	4,700	87,340	47,237	7,002	54„239

							Property	Property		Other
							2022		2021	2022	2021
									f.		f.
	Within one year						12,500		12,500
	Between two and	five years									1,541
	After five years
The	company currently	occupies its Loughborough offices under					a 'tenancy	at will'	whilst a new lease
arrangement is finalised.
20	Analysis ofcash	and	cash	equivalents
										2022	2021
	Cash at bank									41,401	26,000
	Cash on deposit at Building Society									85,000	85,000
	Petty cash									53	87
	Total cash and cash equivalents									126,454	111,087
21	Financial Instruments
	At the balance sheet date the Charity				held the following		financial			2022	2021
	instruments:
	Financial assets	measured		at amortised		cost
	Trade debtors, Accrued income and Other					Debtors				24 181	3 173
	Cash at bank, building		society and in hand							126,454	111,087
	Financial liabilities at		amortised cost
	Creditors									1,751	3 182
	Accru ala									16,975	8,186
	Other Creditors									7,320
	Financial liabilities at		fair value through			income orexpenditure
	Provisions									21,600	18 000