Charlty reglstratlon number 1105391 Company ￿giStratIon number OS053647 {England and Wales) STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE LEGAL AND ADMINISTRATIVE INFORMATION Truste8S Mr Bryan Cooper Mrs Victoria Cooper Mrs Shirley Erskine Mr Stuart Basford Mr Gary Emerson Mrs Susan Symmonds Mr Jonathan Carfing (Appointed 23 October 2024) Charity number 1105391 Company number 05053647 Reglstered offi¢e 32 Dovecot Street Stockton on Tees TS18 1LN Audltor Allen Sykes Limited 5 Henson Close South Church Enterprise Park Bishop Auckland Co Durham DL14 6WA STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE CONTENTS Page Trustees, report Independent auditor's report Statement of financial activities Statement of financial position 10 Statement of cash flows 11 Notes to the financial statements 12-28 STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees. who are also the directors for the purposes of company law, present their annual report and financial statements for the year ended 31 March 2025. The financial statements hava been prepared in accordance with the accounting policies set out in note 1 to th8 financial statements and comply with Ihe Companies Acl 2006 and "Accounting and Reporting by Charities-. Statement of Recommended Practice applicabl& to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019}. Objectives and activities The Charitys objects are to promote any charitable purpose for the benefit of the community in Stockton-on-Tees and surrounding areas by the advancement of education, the protection and preserv8lion of health and the relief of povety, sickness. and dlstress. stockton and District Advice and Information Servits {SDAIS) aims lo provide free, confidential, impartial and independent advice and information for the benefit of the local community, to exercise a responsible influence on the development of social policies, and to ensure Individuals do not suffer through lack of knowledge or an inablllty to express their needs effectively. The princlpal actlvty of Stockton and District Advice and Infomiation Service remalned the provision of free, confidential, independent, and impartial advice and Information for members of the public. Contributlon made by voluntoèrs Th8 Charity receives help and support in th8 form of voluntary assistance in advising the public and administerTng the Charity. Public Baneflt The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and porfomiance stockton and District Advlce and Information Service continues to provide an effective and efficient social welfare advice servlc8 to the people in the Borough of Stockton-on-Tees. In 2024-25, SDAIS helped 13,997 people with 60,743 enquiries. Thè key indicators of achievement are Continuing to provid8 an accessible welfare advice service to tha p80ple of Stookton Borough The number of new enquiries dealt with increasing by 18 /0 Clienl Salisfaction Surveys that show a 100 /0 client satisfaction level Satisfactory audit and monitoring reports, including passing IS09000 and Investors in People assessments Securing £16,348,395 in financial gains for our clients. SDAIS has secured this satisfactory performance due to a number offactors. including- Good quality seNice to our clients, as evidenced by the high level of client satisfaction Good relationships and communication with staff and employees A committed, adaptable and flexible workforce Maintaining good working relationships with key stskehotders including funders, statutory agencies and community sector agencies. Ability and willingness to work with other agencias and develop new projects to S8cure new funding and deliver naw advice services. STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnancial review In¢orn8 for the year was £1,563,754 of which £1.264,853 was restricted income. A surplus of £24,910 was in¢urr8d during tha year. At 315t March 2025 nat ass8ts were £561.750 ofwhich £121,338 represented restricted funds. Going concern The TrLSStees are satlsfied that the Charity has adequate funds to Continue to its work for the next 12 month5. Reserves policy SDAIS seeks to maintain reserv&s that amount to'.- a minimum of 3 months of op8rating costs of full service and a commitment to work towards 4 months operating costs, according to the budget of that year. The reserves should not go below the minimum of 3 months operating costs unless this has be8n agreed in advance al a special meeting of the Trustee Board. A maximum of 6 months reserves and designated funds where designated funds should nol exceed 3 months of the total. If the combined designated funds and resetves are greater than 6 months the trustees should work towards employing additional personnel to improve SDAIS services to the general public within the Stockton district or other actions to further the objects of the charily. Designated Funds New d8signated funds hav8 been created for th8 following purposes: To cover for redundan¢y costs in relation to any forced closure of the charity - £75,000. Refurbishment costs Dovecot Street- £10,000. Principal funding source5 Stockton Borough Council have continued to support the core operatlng capacity of the charlty. Additionally, project specific funding was rec8ived from a number of sources including.. Stockton Borough Council National Lottery Community Fund-RC North East and Cumbria R8gion Energy Saving Twst Money and Pensions S8rvice Access lo Justice Foundation (IOTLS) National Association of Cilizens Advice Bureaux Northern Gas Ne￿orkS Northern Powergrid (NorthEasl) Investment policy It Is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between 3 and 6 month's expenditure. The trustees consider that reserves at this level will ensure that, in the vent of a significant drop in funding. they will be able to continue the charity's current activities while consideration is given to ways in which additional ftjnds may be raised. This level of reseNes has been maintained throughout the year. The r8maining monies will be invested in accounts that provide as high a rate of interest as possible while retaining the flexibility lo be able to draw down monies as and when required. SDAIS would also want to ensura that any investmgnt of moni8s would be based on low risk and maintaining the security of its funds. STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods For the future. SDAIS plans to continue its current work and providé welfare advice services to the people of Stockton Borough. SDAIS will explore new fvnding opportunities and partnerships with other agencies where these help SDAIS Tneet its charitable objectives and are in alignment with the aims and principles of the SeNice. SDAIS will also explore closer working relationships with mental health services to deliver enhan￿d supporl for people with mental ill health, including the potential for office cTrlocation. Structure, governance and management The charity operates within ils constitution adopted by the Trustees upon incorporation at 24th February 2004. The charity is a company limited by guarantee with company number 5053647. The Iruslees. who are also the directors for the purpose of company law, and who served during the year and up lo the date of signature of Ihe financial statements were: Mrs Ann Mccoy (Resigned 17 S@ptember 2025) Mr Bryan Cooper Mrs Victoria Cooper MrAmir Rahouf Mrs Shirley Erskine Mr Stuart Basford Mr Gary Emerson Mrs Susan Symmonds Mr Jonathan Carling (Resigned 6 August 2024) (Appointed 23 Octobar 20241 Electlon of trustees Trustees may be: elected at theAnnual General Meet'ng nominated by member organisations co-opted by the Trust88 Board The Charity functions through a Management Committee, the members of which are the Twstees of the Charity and sutFcommlttees appointed by the Trustees. Induction and training of trustees All Trustees complete an Induction Programme that includes.. Declaration of Interests and Declaration of Eligibility Charity Commission Guidance - The Essential Trustee., "Charlty Finances Tnjstee Essentials" and "Public Benefit {PB11' Code of Collduct National Cilizens Advice Policy Briefing for Trustees (8) - "Bureau Financial Management - Roles and Responsibilities" National Citizens Advice "Aims & Principles" Wlder Networks The charity is a member of the NatFonal Association of Citizens Advice Bureaux. STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ststement of trusteès. responsibilities The trustees, who are also the directors of Stockton and District Advice and Information Service for the purpose of company law, are responsible for preparing the Trustees, Report and Ihe financial statem8nts in accordan¢e with appli¢able law and United Kingdom Accounting Standards (Unit8d Kingdom Generally Acc8Pted Accounling Practice). Company Law requires the trustees to prepare financial statements for each financial year which give 8 true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for Ihat year. In preparlng these financial statements, the trustees are r8quired to: select suitable accounting policies and then apply them consistently- - observe Ihe methods and principles in the Charities SORP-, makè judg8ments and estimates that are reasonable and prudent. and prepare the financial stat8menls on the going concern basis unless it is inappropriat8 to presume that the charity will continue in op8ration. The trustees are responsible for keeping adequate accounting records that disclose wilh reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial slatements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charlty and hence for taking reasonable steps for the prevention and delectlon of fraud and other irregularities. Auditor In accordance with the company's articles, a resolution proposing that Allen Sykes Limiled be reappointed as auditor of the company will be put at a General Meeting. Small company provlslons This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. Th tees. report was approved by the Board of Trustees. r Gary Emerson Chair- SDAIS Board of Trustees Date.. /z STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE Opinion We have audited the flnancial statements of Stockton and District Advice and Infomation Service (the 'charity'l for the year ended 31 March 2025 which comprise the statement of financial activities, the statement of financial position, the statement of cash flows and notes to the financial ststements, 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 Practtce). In our opinion, the financial slatements= give a true and fair view of the stata of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, for Ihe year then ended,. have been proporly prepared in accordanc8 With United Kingdom Gen8rally Accepted Accounting Practic&; and have been prepared In accordance with the requirements of thè Companies Act 2006. Basis for opinion We conduct8d our audit in accordance with International Standards on Auditing IUKI (ISAS {UK)l and applicable law. OLkr responsibilities und8r those standards ars furthor described in the Audilor's responsibilities for Ihe audit of the financial stalements section of our report. We are independent of the charity 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 accordan￿ with these requ￿rementS. We believe that the audit evidence we have obt8ined Is sufficient and appropriate to provide a basis for our opinion. Concluslons relating to going concern In auditing the financial statements, we have Goncluded that the trustees, use of the going concern basis of accounting in the preparation of the financial slatements is appropriate. Based on the work we have parformed. wa have not identifi8d any material uncertainties relating to events or conditions that, individually or collectively. may cast signiFicant doubt on the charity's abilty to continue as a going con￿rn for a period of at least iwelve months from when tha financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report. oth8r Inforniation The other information comprlses the information included in the 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 we do not express any fomi of assuran￿ conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other infomation is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or othewise appears to bè materially misstated. If wa identify such material inconsistencies or apparent material misstalements, we are required to detennine whether this gives rise to a material missialement in the financial statemenls themselves. If, based on the work we have performed, we conclude Ihat there is a material misstatomont of this other infomiation, we are required to report that fact. We have nothing to Feport in this regard. Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Chartties (Accounts and Reports) Regulations 2008 require us lo report to you if, in our opinion.. the information given in the financlal statements is inconsistent In any material respect with the truste8S' report., or sufficient accounting records have not been kept. or the financial statements are not in agreement with th8 accounting records; or we have not received all the information and explanations we require for our audit. STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE Responsibilitles of trustees As explained more fully in the statement of truslees, responsibilities, the trust&es, who are also the directors of the charity for the purpose 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 detemiine 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 stslemenls, the trustees are responsible for assessing the charity's ability to conlinue as a going concern, disclosing, as applicable, matters r8lated to going concern and using the going conc8m basis of accounting unless the trustees either intend to liquidate th8 charitable company or to cease operations, or have no realistic alternative but to do so. AudIt0￿S responslblllties for the audlt of the flnancial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordanc6 with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurarn￿ about wheth8r the financial statem8nts as a whole are fr88 from material misstatement, whelher du8 to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assuonce is a high lével of assurance but is not a guarantee that an audit conducted in accordan 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 slatemenls. The extent to which our procedures ar8 capable of detecting irregularilies. including fraud. is detailed below. Irregularities, Sncluding fraud, are instances of non-compliance with laws and regulatlons. We design procedures in line wilh our responslbilities, outllned above. to detect material misstatements Sn respect of irregularilies, including fraud. The extent to which our procedures are capab18 of detecting irregularities. Including fraud is d6talled below.. STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recagnise non-compliance with applicable laws and regulations.. we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector,. we focused on specific laws and regulations which we considered may have a direcl malerial effect on the rinancial statements or the operations of the company, including the Companies Act 2006, Charities Act 2011, taxation legislation, data protection, anti-bribery. employment, environmental and health and safety legislation-, we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence., and Identified laws and regulations were communicated within the audlt team regularly and the team remained alert lo instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial ststements to material misstatement. including obtaining an understanding of how fraud might occur, by: making enquiries of management as to where th8y considered th8re was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud., and considering the int8mal controls in place to mitigate risks of fraud and norF¢omplianc8 with laws and regulations. To address the risk of fraud through management bias and override of controls, we: performed analytical procedures lo identify any unusual or unexpected relatK)nships' tested journal entries to identify unusual transactions., assessed whether judgements and assumptions made in determining the accounting estimates were indicallve of potential bias; and investigated the rationale behlnd any identified slgnrficant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not Ilmited to.. agreeing financial statement disclosures to underlying supporting docurnentation,. anquiring of manag8ment as to actual and potents'al litigation and claims,. and reviewing correspondenca with HMRC, rèlevant regulators and the company'$18gal advisors. There are inherent limitstions in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of ￿gUlatOry and legal corresponden￿, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE As part of an audit in accordance with ISAS {UK). we exercise prof8ssional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess th& risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit pr()cedures responsive to those risks, and obtain audit evidence that is suffici8nt and appropriate to provide a basis for our opinion. The risk of not dètecting a material misstatement resulting from fraud is higher than for one resulting from error. as fraud may involve collusion, forgery, intentional omissions, misrepres8ntations, or the override of internal control. Obtain an understanding of internal control relevant lo the audit in order to design audit procedures that are appropriate in the circumstsnces, but not for the purpose of expressing an opinion on the effectiveness of the intemal control. Evaluate the appropriateness of accounting policies us6d and the reasonableness of accounting estlmates and related disclosures made by the truslees. Conclude on the approprlateness of the trustees, use of the going concern basls of accounting and, based on the audit evidence obtained, whether a material uncerlainty exists related to events or conditions that may cast significanl doubt on the charity's ability to contlnue as a going concern. If we conclude that a malerial un￿rtainty exists, we are required to draw attention in OUT auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our condusions are based on th8 audit evidence obtained up lo the date of our auditor's report. However, fulur8 events or conditions may cause the charity to C8ase lo continu8 as a going concem. Evaluate the ovgrall presentation, structure and contgnt of the financial statements, including the disclosures, and whether the financial stat8ments repres8nt the underfying transactions and events in a mannér that achieves fair presentation. 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. A further description of our responsibilities is available on Ihe Financial Reporting Council's website at: hltps'.11 www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charity's trust8es, as a body, in accordance with part 4 of the Charities {Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate to the charity's trustees those matters we are required lo state lo them in an audilorfs report and for no other purpose. To the fullest exient permitted by 18w, we do not accept or assume responsibility to anyone other than the charity and ihe charity's trustees as a body. for our audit work, for this report. or for the opinions we have formed. Philip Lamb {Senior Statutory Audltor} Allen Sykes Audit Limited Chartered Accountants Statutory Auditor 5 Henson Close South Church Enterprise P8rk Bishop Auckland Co Durham DL14 6WA STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 202S 2024 Notes Income and endowments from: Donations and legacies Charitable activities Investments Other income 100 277.131 10,261 11,409 100 1,264,853 1.541.984 10,261 11,409 25 249,269 4.070 32,144 25 963.257 1,212,526 4.070 32,144 Total income 298,901 1,264,853 1,563.754 285,508 963,257 1.248,765 Expendiiure on: Charitable activities Other axponditur8 279.082 1.259.762 1,538.844 222,655 1,000,412 1.223,067 24,786 24,786 Total expgndlture 279,082 1,259,762 1.538,844 247,441 1,000,412 1,247,853 Net income 19,819 5,091 24.910 38.067 (37,155) 912 Transfers between funds 13 (646) 646 (63,703) 63,703 Net movement In funds 19.173 5,737 24.910 (25,636) 26,548 912 Reconciliation of funds: Fund balances at 1 April 2024 421,239 115,601 536,840 446,875 89,053 535,928 Fund balances at 31 March 2025 440.412 121.338 561.750 421,239 115,601 536,840 The statement of financial activities includes all gains and losses recognised in the year. All income and expendlture derive from continuing activities. STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE STATEMENT OF FINANCIAL POSITION AS AT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 14 99,772 78,639 Current assets Debtors Cash at bank and in hand 15 69,929 551,298 115,523 508,676 621,227 624,199 Creditors: amounts falling due within one y•ar 16 (159,2491 (165,998) Net current assets 461,978 458,201 Total assets less current Ilablllties 561,750 536,840 Not assets excluding penslon liability 561,750 536,840 Tho funds of the charity Restricted in¢ome funds Unrestricted funds 18 121,338 440,412 115,601 421,239 561,750 536,840 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025, although an audit has been carried out under section 144 of the Charities Act2011. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparatlon of financial statements. The members have not required the company to obtain an audil of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The fi nci statements were approvéd by the trustees on . art Basford Treasurer - SDAIS Board of Trustees Company registration number 05053647 (England and Wales) 10- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Not8S Cash flows from operatlng aGtlvitles Cash generated from operations 23 69,939 5,296 Investing activities Purchase of tangible fixed assets Investment income received (37,578) 10,261 (101,307) 4,070 Net cash used in investing activitles {27,317) 197,237) Net cash used in financlng actlvltles Net increasel(decrease) in cash and cash equivalents 42.622 (91,941 } Cash and cash equivalents at beginning of year 508,676 600,617 Cash and cash equfjvalents at end of year 551.298 508,676 11 STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Stockton and District Advi￿ and Information SeNlce is a private company limtted by guarantee incorporated in England and Wales. The registered office is 32 Dovecot Street, Stockton on Tees, TS18 1 LN. 1.1 Accounting convention The financial statements have boen prepared in accordance with the Companies Act 2006, FRS 102 'The Financial Raporting Standard applicable in the UK and R8public of Ireland" {"FRS 102,1 and the Charities SORP '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 IFRS 102)" {effeclive 1 January 2019)- The charity is a Public Benefit EnttLy as defined by FRS 102. The financial statements are prepared in steding. which is the fun¢tional currancy of the charity- Monetary amounts in th8se financial statements are rounded lo the nearesl £. The financial statements have been prepared under th8 historical cost convention. The principal accounting policies adopted are s8t out below. 1.2 Golng concom At the time of approving the financial statements, the Irustees have a reasonable expectation that the charily has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going ￿n￿rn basis of accounting in preparing the financial slatemenls. 1.3 Charitable funds Unrestricted funds are av8ilable for use at the discrellon of the truslees In furtherance of thelr charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may b8 Used. The purposes and uses of tha r8Stricted funds are set out in th@ notes to the financial statements. Endowrnent funds are subject to specific ¢ondilions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any p8rformance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. other donations are recognised once the charity has been notified of the donation, unless perfomiance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognisèd at the time of the donation. Legacies are r8cognised on receipt or otherwise if the charity has been notified af an impending distribution, the amount is known, and r8ceipt is expected. If the amount is not known, the legacy is treated as a contingent ass8t. 12- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnuedl 1.5 Expendlture Expenditure is recognised On￿ there is a legal or constructive obligation to transfer economic benefit to a third party. it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be Tneasured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of dlrect costs and shared costs, including support costs involved in undertaking each activity. Direct costs attribulable to a single activity are allocated directly to that activity- Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned bebNeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation ¢harges are allocated on the portion of the asset's use. 1.6 Tanglble fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual valu8s over their useful lives on the following bases: Laasghold land and buildings Computers 10 Yaar Straight Line 25Yo Reducing Balance The gain or loss arising on Ihe disposal of an asset is determined as the difference between Ihe sale proceeds and the ¢arrwng value of the assel, and is re¢ognised in the slalement of financial activities. 1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangiblè assets to determine whether there is any indication that those assets have suffered an impainnent10ss. If any such indication exists, the rerKJverable amount of the asset is estimat8d in order to determine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits h81d at call with banks, other short-term liquid investments with original maturities of three months or less, and bank ov&rdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has eleded to apply the provisions of Section 11 '8asic Financial Instruments, and Section 12 'Olher Financial Instruments Issues. of FRS 102 to all of its financial instruments. 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 statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the ass8t and settle the liability simultsneously. Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at Iransaction price including transaction costs and 8re subsequently Carried at amortised cost using the effective interest method unless the a￿angement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of Interest. Financial assets ¢lasslfied as receivable within one year are not amortised. 13- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies (Continued) Baslc financlal liabllltles Basic financial liabilities, including cr8ditors and bank loans are Initially recognised at transaction price unless the arrangement constitutes a financing tran$8Ction, where the debt instrument is measured at th8 present value of the future payments discounted at a market rate of interest. Financlal liabilittes classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, Using the effective interest rate rnethod. Trade creditors are obligations to pay for goods or services that have been acquired in thè ordinary course of operations from suppliers. Amounts payable ar8 classified as current liabilities if payment is du8 within one year or less. If not, they are presented as non Roseworth Big Local Yorkshire Building Society North Star Foodbank Corona Energy 251,952 30,000 22,179 215.984 6,034 249,044 30.000 223,440 5.000 27,534 21,416 81,606 2,188 39,956 19.087 15,000 31,097 24,770 21.801 27.004 13.412 164,901 125,667 102,527 162,208 4,500 26,662 189,158 81,327 3,810 104,948 443 10,274 1,534 160,039 10,500 13,331 44,084 47.090 23,811 91,532 4.446 9.450 512 10,000 1,538,984 1,212,273 15- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from investments Unrestricted Unrestricted funds funds 2025 2024 Interest receivable 10,261 4,070 Other income Unrestricted Unrestrlcted funds fvnds 2025 2024 Other income Catalyst Stockton 9,409 10,000 1,994 30,150 11,409 32,144 16- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable activities 2025 2024 staff costs Rent, rates, water and insurance Maintenance Telephone Travel and training Postage and stationery Partnership payments Disbursements Reference materials Sundry costs Legal and professional 1.010,928 127 6,446 368 3,317 685,253 127 2,305 2.718 1,817 323 245,473 2,338 1,339 11,960 275,531 1,220 2,445 17,380 3.796 1,321,558 953,653 Share of support costs (see note 81 Share of govemance costs (see note 8) 209,613 7,673 265,240 4.174 1,538,844 1,223,067 Analysis by fund Unrestrided funds Restricted funds 279,082 222,655 1,259,762 1,000,412 1,538,844 1,223,067 17 STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs Support Governance costs costs 2025 Support Governance costs costs 2024 Staff costs Depreciation Rent, rates, water and insurance Light and heat Cleaning. repairs and maintenance Computer equipment and maintenance Travel and training Legal and professional Telephone Poslag8 and Stationery Irrecoverable VAT Sundry Expenses 45,695 16,445 45,695 16,445 127,495 4,594 127,495 4,594 26,042 28,965 26,042 28,965 26,079 16,457 26.079 16,457 11,557 11,557 6,840 6,840 22,632 3,917 22,632 3.917 17,808 1,891 15 16,364 13,854 18,916 14,927 17,808 1,891 15 16,364 13,854 18,916 14,927 14.651 13,096 12,840 13,773 14,651 13,096 12,840 13.773 Audit fees Legal and professional 2,750 4,923 2,750 4,923 2,600 1,574 2,600 1,574 209,613 7,673 217,286 265,240 4,174 269,414 Analysed between Charitable activities 209,613 7,673 217,286 265,240 4,174 269,414 Governance costs includes payments to th8 auditors of £2,75012024 - £2.600) for audit fees. Net movoment in funds 2025 2024 The net mov8ment in funds is stated after chargingllcr8diting): Fees payable for the audlt of the charity's financial statements Depreciation of owned tangible fixed assets Loss on disposal of tangiblo fixed assets 2,750 16,445 2,600 4,594 24,786 10 Trustees None of the trustees lor any persons connected with them) received any remuneration or benefils from the charity during the year. 18- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employees The average monthly number of ernploy8&s during the year was.. 2025 Number 2024 Number 38 32 Employment costs 2025 2024 Wages and salaries Social security costs other pension costs 948,429 75,303 32,891 730.039 55,940 26,769 1,056,623 812,748 There were no 8mploy98s whose annual remuneration was more than £60,000. Remuneratlon of key manag8m6nt personnel The remuneration of key management personnel was as follows: 2025 2024 Aggregate compensation 57.988 51,973 12 Taxation The charty is exempt from taxation on its activities because all Its Income is applied for charitable purposes. 13 Transfers The fund transfers relate mainly to transfers from unrestricted fttnds to r8Stricted funds to cover oversp8nds relating to numerous restricted funds. The transfers have been made in order that the restiicted funds shown in the balance at the year end shows the total amount of funding remaining which has been restricted in its purposa. 19- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Tangible flxed assets Lea$ohold land and buildlngs Computers Total Cost Al 1 April 2024 Additions 43,257 37,232 155,047 346 198,304 37,578 At 31 March 2025 80,489 155,393 235,882 Depreciatlon and impairment At 1 April 2024 Depreciatson charged in the year 119,665 8,917 119,665 16.445 7,528 At 31 March 2025 7,528 128,582 136,110 Carrying amount At 31 March 2025 72,961 26,811 99,T12 At 31 March 2024 43.257 35,382 78,639 15 Debtors 2025 2024 Amounts falling due within one year: Trade debtors Other debtors Pr8payments and accru8d income 39,277 29,741 911 89,380 23,624 2,519 69,929 115,523 16 Creditors: amounts falling dug within ong year 2025 2024 Other taxation and social security Trade cr8ditors Other creditors Accruals and deferred income 26,563 50,614 6,035 76,037 16,692 29,401 5,051 114,854 159,249 165,998 -20- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Retirèment benefit schemes 2025 2024 Defined contrlbutlon schemes Charge to profrt or loss in respect of defined contribution schemes 32.891 26.769 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administere(i fund. 21 On LOC Oro 000 o) 00)0 o co ¢tLn ? o ( tn ¢3) o) c ro (on￿0> LL C C (U O O LU DEJ a) W¢£ £ w< 0£ Q)£ S￿￿)￿ZLUa_ zzQ)zSLU o)- t5) ¢J Ln CO nfOLN o(N oco OCN Lno ¢£) ts) L7) Di r _ I STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balan￿S of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designatèd funds which have been sel aside out of unrestrici8d funds by the trustees for specific purposes. At 1 Aprll 2024 Incoming resources Resources expended Transfers At 31 March 2025 Designated 1 General funds 128.604 170,297 (20,709) (258,373) 107,895 332.517 421,239 {646) 421,239 298,901 {279.0821 (646) 440,412 Prevlous year: At 1 Aprll 2023 Incomlng resourc95 Resources expended Transfers At 31 March 2024 General funds 446.875 285,508 (247,441) (63,703) 421,239 20 Analysis of not assets between funds Unrestrlctsd funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Tangible assets Current assetsl{liabllities) 99,772 340,640 99,772 461,978 121,338 440,412 121,338 561,750 Unrestricted funds 2024 Restri¢ted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsl(liabilitiesl 78,639 342,600 78,639 458.201 115,601 421,239 115,601 536,840 -27- STOCKTON AND DISTRICT ADVICE AND INFORMATION SERVICE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Operating lease commilments Lessee At the reporting end date the charity had outslanding commitments for future minimum lease payments under non-canoellable operating leases. which fall due as follows= 2025 2024 Withln one year Be￿een and flve years 31,000 29.450 5,890 31,000 35,340 22 Related party transa¢tions Ann Mccoy, trustee, is a repr8sentalive of Stockton Borough Council. During the year the company received funding from Stockton Borough Council, however, saf8guards were in place to ensure Mrs Mccoy had no control over th8 distribution of such fvnds. 23 Cash generated from operatlons 2025 2024 Surplus for the y6ar 24,910 912 Adjustments for.. Inveslment income recognised in stalement of financial activities {Gain)Aoss on disposal of tangible fixed assets Depreciation and impairment of tangible fixed assets {10,261) (4,070) 24,786 4.594 16,445 Movements in working capital.. Decreasellincreasel in debtors (Decrease}lincrease in creditors 45,594 16,749} 189,0381 68,112 Cash generated from operations 69,939 5,296 -28-