2023-03-31-accounts

Contents			Pages
Report ofthe	directors	and trustees	3to 10
Independent	auditor's	report	11to 14
Statement of	financial	activities	15
Balance sheet			16
Statement of	cash flows		17
Notes to the accounts			18to 29

foryear en	ded 31March 20	23
				Unrestricted		Restricted
			Notes		Funds	Funds	Total	2022
Income from:					f		f	E
Donations					3,465		3,465	1,824
Charitable	activities				281,507	237,021	518,528	464,807
Investment	income				2,541		2,541	109
Other grant	income				896		896	28,500
					288,409	237,021	525,430	495,240
Expenditure	on:
Raising funds					15,800		15,800	14,633
Charitable	activities				267,328	248,117	515,445	507,613
Total resources expended					283,128	248,117	531,245	522,246
Surplus /(Deficit)					5,281	(11,096)	(5,815)	(27,006)
Amount due re closure ofSouth Bucks								(36,383)
Net income	and movement	in funds			5,281	(11,096)	(5,815)	(63,389)
Reconciliation offunds:
Total funds	brought forward				467,671	38,583	506,254	569,643
Total funds	carried forward			f	472,952 f	27,487 f	500,439 f 506,254

			Note		2023	2022
					f	f
Cash flows from operating activities
Net cash provided/(absorbed) by operating	activities		18		(57,328)	47,086
Cash flows from investing activities
Interest income					2,541	109
Increase/(decrease) in cash and cash equivalents		in the year			(54,787)	47,195
Cash in hand atthe beginning ofthe year					397,920	350,725
Total cash in hand atthe end ofthe year				f	343'133 f 397,920

2.Income from Chari	table Ac	tivi	ties and	Donations
					Unrestricted		Restricted		Total		2022
						f	f		f
Charitable activities
Three Rivers District	Council					257,340	25,950		283,290		283,464
Abbots Langley Parochial Church			Council				7,752		7,752		7,750
Abbots Langley Parish Council							2,500		2,500		2,000
Citizens Advice							469		469		61,820
The Henry Smith Charity							19,500		19,500
RLGlasspool							500		500
Graham Rowlandson	Foundation		5 HCF				10,000		10,000		8,333
Hertfordshire County	Council					12,325	73,757		86,082		26,595
Stort Valley Rotary						11,842			11,842
Hertfordshire and West Essex Integrated				Care Board			3,483		3,483
National Lottery Community		Fund					4,724		4,724
Buckinghamshire Council											42,023
Hertfordshire Community Foundation											9,461
Thrive Homes							55,333		55,333		9,632
Thrive Homes S.Three Rivers		District Council					23,500		23,500
Abbots Langley Tough Ten							1,000		1,000
Batchworth Community Council							2,095		2,095
Watford Health Trust							210		210		2,508
Watford Rural Parish	Council						5,000		5,000		5,000
Watford Chamber of	Commerce		(DWP Kickstart)								6,065
Mill End Community	Trust						1,248		1,248		156
					f	281,507 f	237,021	f	518,528	f	464,807
2022
Unrestricted grants											258,340
Restricted grants											206,467
										f	464,807
Donations
Abbots Langley Good	Neighbours		Association			2,000			2,000
Watford Rural Parish	Council					1,000			1,000
Various Anonymous	Donors					465			465		1,824
					f	3,465 f		f	3,465	f	1,824

		Unrestricted	Restricted		Total	2022
Hertfordshire	County Council					12,000
Three Rivers	District Council	896			896	5,500
Thrive Homes						11,000
		896 f		f	896 f	28,500

				Unrestricted	Unrestricted	Restricted
			Notes		funds	funds	Total
					f	f	f
Income from:
Donations					1,804	20	1,824
Charitable	activities				258,340	206,467	464,807
Investment	income				109		109
Other grant	income					28,500	28,500
Total					260,253	234,987	495,240
Expenditure	on:
Raising funds					14,633		14,633
Charitable	activities				212,379	295,234	507,613
Total resources expended					227,012	295,234	522,246
Surplus /(Deficit)					33,241	(60,247)	(27,006)
Amount due re closure ofSouth		Bucks				(36,383)	(36,383)
Net income	and net movement	in funds			33,241	(96,630)	(63,389)
Reconciliation offunds:
Total funds	brought forward				434,430	135,213	569,643
Total funds	carried forward			f	467,671 f	38,583 f	506,254

						General		Money
Current year						Advice		Advice	Case	Work		Total
								E		f		E
Costs directly associated to Activities
Staff Costs						250,539		44,266		35,362		330,167
Direct charitable			expenditure			44,056						44,056
Training	and	other costs				1,507		350		328		2,185
Travel						1,632		378		355		2,365
Citizens	Advice charges					3,857		894		840		5,590
						301,591		45,888		36,885		384,363
Support	Costs Allocated to Activities
Premises	costs					53,293		12,358		11,585		77,237
Computer and equipment				costs		5,792		1,343		1,259		8,394
Insurance						2,821		654		613		4,088
Printing	and	stationery				3,605		836		784		5,225
Communications						3,445		799		749		4,993
Sundry						5,616		1,302		1,221		8,139
Governance		costs				15,876		3,681		3,451		23,008
						90,448		20,973		19,662		131,083
					E	392,039	E	66,861	E	56,547	E	515,445

6. Expenditure on charitabl	e activities (	contin	ued)
			General	Money
Previous year			Advice	Advice f	Case	Work f	Total
Coats directly associated to activities
Staff costs			226,245	61,100		53,113	340,458
Direct charitable expenses			19,983				19,983
Training and other costs			1,635	379		356	2,370
Travel			1,480	343		322	2,145
Citizens Advice charges			6,065	1,406		1,319	8,790
			255,408	63,228		55,110	373,746
Support costs allocated to	activities
Premises costs
Bureau moving costs			51,943	12,045		11,292	75,280
Computer and equipment	costs		3,931	911		855	5,697
Insurance			2,806	651		610	4,067
Printing and stationery			4,975	1,154		1,081	7,210
Communications			5,294	1,227		1,151	7,672
Sundry expenses			8,640	2,004		1,878	12,522
Governance costs			14,779	3,427		3,213	21,419
			92,368	21,419		20,080	133,867
Total		f	347,776 f	84,647	f	75,190 f	507,613

					2023		2022
					f		f
Salaries				11,693			10,829
Audit fee					7,620		6,600
Legal and	professional	fees			3,695		3,990
			f	23,008		f	21,419
8.Net Income
Net income for the year is stated after:
					2023		2022
					f		f
Depreciation
Auditors'	remuneration				7,620		6,600
9.Analysis	ofstaff costs	and key management,	trustee remuneration,		and related	party transactions
					2023		2022
					f		f
Salaries and wages				324,762			333,846
Social security costs				18,420			18,122
Pension costs				14,479			13,953
Total			f	357,661		f	365,921

3.Tangible fi	xed assets
		Fixtures
		and
		Fittings
		f
Cost
At 1April 2022		8,819
Additions
At 31March	2023	8,819
Accumulated	depreciation
At 1April 2022		8,819
Provision for	the year
At 31March	2023	8,819
Net book value at 31March 2023
Net book value at 31March 2022

				2023		2022
				f		f
Creditors				48,650		58,300
Accrua	Is			25,148		34,650
Grants	in	advance		57,175		79,304
			f	130,973	f	172,254

					Balance at				Balance at	Balance at
					01-Apr	Incoming	Resources			31-Mar
Current	Year				2022	resources	expended	Transfers		2023
					f		f	f		f
General	fund				331,571	288,409	(283,128)	(1,600)		335,252
Designated		employee	fund		98,000			(1,000)		97,000
Designated		premises	fund		20,000					20,000
Designated		computer	fund		18,100			2,600		20,700
				f	467,671 f	288,409 f	(283,128) f	-	f	472,952
					Balance at				Balance at
					01-Apr	Incoming	Resources			31-Mar
Previous	Year				2021	resources	expended	Transfers		2022
					f		f	f		f
General	fund				308,430	260,253	(227,012)	(10,100)		331,571
Designated		employee	fund		96,000			2,000		98,000
Designated		premises	fund		20,000					20,000
Designated		computer	fund		10,000			8,100		18,100
				f	434,430 f	260,253 f	(227,012) f	-	f	467,671

	01-Apr		Incoming	Resources			31-Mar
Current Year	2022		resources	expended	Transfers		2023
	f		f	f			f
General advice	156		6,003	(6,159)
Debt advice	13,566		68,205	(73,400)			8,371
Case work	22,276		41,882	(53,792)			10,366
Accommodation			31,752	(31,752)
Charity donations	2,585		89,179	(83,014)			8,750
f	38,583	f	237,021 f	(248,117)		f	27,487
	Balance at					Balance at
Previous Year	01-Apr 2021		Incoming resources	Resources expended *	Transfers		31-Mar 2022
	f		f	f			f
Gene ra I advice	28,887		59,476	(88,207)			156
Debt advice	60,248		41,986	(88,668)			13,566
Case work	43,577		80,643	(101,944)			22,276
Accommodation			31,750	(31,750)
Charity donations	2,501		21,132	(21,048)			2,585
	135,213	f	234,987 f	(331,617)		f	38,583
*previous year includes f36,383due re closure ofSouth		Bucks (Note 11)

		General	Designated	Restricted
Current Year		fund	funds	funds	Total
		f			f
Debtors		33,400			33,400
Short term deposits		117,179	137,700		254,879
Cash at bank and in hand		315,646		27,487	343,133
Creditors falling due within one year		(130,973)			(130,973)
	f	335252 f	137i700 f	27p487 f	500439
		General	Designated	Restricted
Previous Year		fund	funds	funds	Total
		f			f
Debtors		27,529			27,529
Short term deposits		116,959	136,100		253,059
Cash at bank and in hand		359,337		38,583	397,920
Creditors falling due within one year		(172,254)			(172,254)
	f	331,571 f	136,100 f	38,583 f	506,254

			2023		2022
			f		f
Net movement in		funds	(5,815)		(63,389)
Interest	income		(2,541)		(109)
Increase	in debtors		(5,871)		(18,511)
Increase	in short term deposits		(1,819)		(78)
Increase/(decrease)		in creditors	(41,282)		129,173
			(57,328)	f	47,086