2022-03-31-accounts - The Bedford And District Citizens Advice Bureau

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			Page
Trustees'/Directors'	report		3-9
Independent Examiner's report			IO
Statement oflinancial		activities
Balance sheet			12
Cash flow statement			13
Notes to the fiuancial		statements	14-25

REFERENCE AND	REFERENCE AND	REFERENCE AND	ADMI	NISTRATIVE INFORMATIO	N
Charity number:				1106738
Compauy	number:			05190146
Authorised		AND regulated		by the Financial Conduct Authority		FRN: 617505
Registered	oflice:			8 Harpur Centre
				Bedford
				Bedfordshire
				MK40 ITP
Trustees/Directors:				Jane M. Mordue (Chair)		(appointed	on 27/01/22)
				Duncan A. L.Gear (Treasurer)		(appointed	on 03/11/22)
				Dr Thomas G.Jnskip
				Mark Smith
				Corinna Biermann-tVheattey		(resigned	on 12/12/22 —Treasurer	until 03/11/22)
				Punckaj Pannar		(resigned	on 18/12/21)
				Fraser Young		(resigned	on 18/11/21)
				Gurdev K.Momi		(resigned	on 27/08/21)
Senior Management			Team:	Gillian E.Grimes		Chief Executive (from 01/01/2022) Deputy Chief Executive (until 31/12/2021)
				Mark S.Sutcliffe MBE		Chief Executive (until 31/12/2021)
				Benjamin F.Coutts		Service Delivery Manager
				Daniel C.Deacon		Service Delivery Manager
Independcut		Examiner:		George Hay Partnership	LLP
				Brigham House
				High Street
				Biggleswade
				Bedfordshire SG18 OLD
Banketsn				Unity Trust Bank Pic
				9Brindley Place
				Birmingham
				Bl 2HB

				Unrestricted	Restricteil	Total	Unrestiicted	Restricted	Total
			Note	Funds	Funds	2022	Filllds	Funds	2021
				f.			f.
Income from.'
Donations and legacies			2	126		126	1,000		1,000
Charitable activities			3	170,795	352,676	523,471	187,582	402,808	590,390
Activities for generating		funds	4				2,490		2,490
lnvesunents			5	1,083		1,083	1,540		1,540
Totalinconie				172,004	352,676	524,680	192,612	402,808	595,420
Expenditure on:
Charitable activities			6,7	214,372	300,505	514,877	241,960	271,520	513,480
Total expenditure				214,372	300,505	514,877	241,960	271,520	513,480
Net income/(expenditure)
before transfer				(42,368)	52,171	9,803	(49,348)	131,288	81,940
Transfers behveen	funds		18,19	121,447	(121,447)		132,981	(132,981)
Net moveinent in funds				79,079	(69476)	9,803	83,633	(1,693)	81,940
Reconciliation offunds.
Total funds brought
fonvard at 01 April	2021			214,655	961306	310,961	131,022	97,999	229,021
Total fuuds carried
fonvard at 31March 2022				293,734	27)030	320,764	214,655	96,306	310,961


			Note				f
Fixed assets
Tangible assets			13		2,913		4,701
Current assets
Debtors			14	66,709		40,777
Short-tenn Investment		deposits		91,820		145,G91
Cash at bank and in	hand		24	229,984		172,8GO
				388,513		359,328
Liabilities
Creditors; amounts	falling due
ivithin one year			15	(70,662)		(53,068)
Net currcut assets					317,851		306,260
Total assets less current liabilities					320,764		310,961
Total net assets					320)764		310,961
Funds ofthe charity
Unrestricted funds:			18
General funds				1651988		69,735
Designated funds				127)746		144,920
					293,734		214,655
Restricted funds			19		27,030		96,306
Total charity funds			20		320,764		310,961

				Note	2022	2021
Cash flo&vs from	operating activities:
Net cash provided	by operating	activities		23	2,170	75,853
Cash floivs from	lavesting activities:
Dividends, interest	and rents from	investnients		5	1,083	1,540
Purchase oftangible fixed assets				13		(5,365)
Net cash provided	by iuvcsting	activities			1,083	(3,825)
Increase / (decrease) in cash and		cash	equivalents
in the reporting period					3i253	72,028
Cash and cash equivalents at the		beginning ofthe
repoiting period					318,551	246,523
Cash and cash	equivalents at	the	end of the
reporting peiqod				24	321,804	318,551

2	Donations and legacies
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	202I
					5		f.
	Donations and gigs			126		126	i,000
3	Income from charitable	activities
	Grants aud contract income receivable			Unrestricted	Restricted	Total	Total
	for charitable activity —advice		and	Funds	Funds	2022	202l
	information				5		f,
	Geueral Advice'.
	Bedford Borough Council —Core Contract			152,500		1521500	152,500
	Universal Credit Support	—Help	to Claim		24,487	24,487	26,510
	Energy Projects						20,922
	Other grants			585	15,000	15,585	3,640
				153,085	39,487	192)572	203,572
	Debt Advice:
	Money and Pensions Service				146,143	146,143	213,167
	House ofIndustry —Debt Housing				73,041	73,041	72,826
					219,184	219,184	285,993
	Benefits AND IVelfare Advice:
	Bedford Borough Council —IVelfare Benefits				40,005	40,005	40,005
	The Harpur Trust				54,000	54,000	49,000
	Benefits Advice Service			17,710		17,710	11,820
				17,710	94,005	111)715	100,825
	Total income from charitable		activities	1.70,795	352,676	523,471	590,390
4	Activities for generating	funds
				Uurestricted	Restricted	Total	Total
				Fumls	Funds	2022	2021
				5			5
	Roon& hire						2,100
	Other hlconle						390
							2,490

lnvestnicnts
					Unrestricted		Restricted	Total	Total
						Fumls	Funds	2022f	2021 f
interest received						1&083		1,083	1,540
						1)083		1,083	1,540
Expenditure	on charitable activities			by fund
					Unrestricted		Restricted	Total	Total
						Funds	Fundsf	2022	2021
General Advice						214,372	41,166	255,538	255,973
Debt Advice							167,917	167,917	165,867
Benefits AND welfare			Advice				91,422	91,422	91,640
						214,372	300,505	514,877	513,480
Analysis of	expenditure		ou charitable	activities
			Basis of		General	Debt	Bcuegts	Total	Total
		Allocation			Advice	Advice	Advice	2022	2021
									f.
Direct costs;
Salaries and	wages		Direct		133,571	111)756	56,558	301)885	339,915
Staff and volunteers			Direct		1,198	819	216	2)233	3,568
Office costs		Direct			2,601	930	924	4,455	1,242
Premises costs			Direct		16,269			16,269
Governance		Direct
Other costs		Direct			410			410
					154,049	113,505	57,698	325,252	344,725
Support costs:
Salaries AND wages			Staff/Hrs		42,543	24,052	13,055	79,650	78,994
Staffand volunteers			Staff/Hrs		3,923	3,973	1,748	9,644	5,134
Office costs			Staff/Hrs		26485	14318	8,278	48,681	30,047
Premises costs			Staff/Hrs		23,421	9)479	8,427	41,327	49,427
Governance	costs		Staff/Hrs		4,510	2832	1,851	8,593	4,436
Other costs		Staff/Hrs			807	558	365	1,730	717
					101,489	54,412	331724	189,625	168,755
Total expenditure		on
charitable	activittos				255,538	167,917	91,422	514,877	513,480

8 Nct incoming resources for the year	8 Nct incoming resources for the year	2022	2021
			f.
This is stated affer charging
Opemting leases —land AND	buildings	36,942	43,625
Exalniner's relnuneration:
Independent exmnination		3,000	3,300
Depreciation mid Impairment	Charges	1,788	664

Employees	2022	2021
	Head	Head
	Couii1	Couiit
Number ofemployees
The average number ofemployees,
analysed by function was:
Advice ivorkers and support staff	13	14
Key nianagement personnel	4	4
	17	18
	2022	2021
Eroployment costs	g
IVages and salaries	343,895	379,457
Social secttiity costs	275623	30,113
Pensions costs	10,017	9,339
	381,535	418,909

Fixed Assets
	Coniputer	Fixtures	Total
	AND Ottlcc	AND Fittings
	Equipmentf
Cost
At I April 2021	5,365		5,365
Additions
At 31March 2022	5,365		5,365
Depreciation
At I April 2021	664		664
Charge for the year	1,788		1,788
At 31March 2022	2,452		2,452
Net bookvalue
At 31March 2022	2,913		2,913
At 31March 2021	4,701		4,701

14	Debtors		2022	2021
				f
	Accounts receivable		38,125
	Pfepaynlents		1,306	585
	Accrued income		27)177	40,192
	Other debtors		101
			66,709	40,777
15	Creditoleu anlounts	falling due within one year	2022f	2021
	Accounts payable		2&735
	Social security costs		7,125	7,631
	Accruals		27,513	45,301
	Deferred income		33489
	Other creditors			136
			70,662	53,068

follolving	year or	else to be retunled to funder; totalling f3	3290in 2022 (2021:f Nit):
			Money AND	Help to
			Pensionsf	Claimf
Balance	as at 01	April 2021
Amount	released	to incolne canted
Amount	deferred	in year	31,359	1,931
Balance	as at31March 2022		31,359	1&931

17	Financial instruments						2022	2021
								g
	Financial assets
	Financial assets measured	at fair value	tluough	profit	AND loss:
	-Cash at bank and in hand						229,984	172,860
	- Short tenn deposits						91,820	145,691
	-Accounts receivable						38,125
	- Prepayments						1,306	585
	-Accrued income						27,177	40,192
	- Other debtors						101
							388,513	359,328
	Financial liabilities
	Financial assets measured	at fair value	through	profit	AND loss:
	-Accounts payable						2,735
	-Taxation and social security costs						7,125	7,631
	-Accruals						27&513	45,301
	-Deferred income						33389
	-Other creditors							136
							70,662	53,068
18	Unrestricted funds
			Balauce at				Transfer	Balance at
			01April		Incoming	Resources	Between	31March
				2021	resources	expeuded	Fuuds	2022
						K
General funds				69,735	172,004	214,372	138,621	165,988
Designated funds: Reserves policy			144,920				(17,174)	127&746
Total	Unrestricted fuuds		214,655		172,004	214,372	121,447	293,734

19	Restricted	funds
	The income	funds ofthe charity include restricted fimds		comprising the	folloiving unexpended balances		ofgrants received
	for specific putiioses;
			Balance at			Transfer	Balance at
			01April	Incoming	Resources	Benveen	31 March
			2021f	resources	expended f.	Funds	2022
Universal Credit —Help to Claim			40,472	24,487	24,487	(40,472)
Money and Pensions Service				146,143	113,229	(32,914)s
House	ofIndustry		42,055	73,041	54,687	(60,409)s
Bedford Borough The Harpur Trust		TVelfare Benefits	(10,084) 22,563	40,005 54,000	41,889 49,533	11,968	27,030
Other			1,300	15,000	16,680	380
Total			96,306	352,676	300,505	(121,447)	27)030

Analysis of	net assets between	funds
			Unrestricted	Restricted
			funds	fll 1 id s	Total
			8	8
Fund balances at 31March 2022		are
represented	by:
Tangible fixed assets			2,913		2,913
Net current	assets		290,821	27,030	317,851
			293,734	27,030	320,764
			Unrestricted	Restricted
			funds	fimds	Total
				f.	f
Fund balances at 31 March 2021		are
represented	by:
Tangible fixed assets			4,701		4,701
Net current	assets		209,697	96,306	306,003
			214,398	96,306	310,704

	Land and buildings	Land and buildings
	2022	2021	2022	2021
	8
IVithln olla year	15,141	3,750	19692	1,515
Between one and five years	95,064
Over 5 years	26,141

23	Reconciliation ofcash flows from operating	Reconciliation ofcash flows from operating	Reconciliation ofcash flows from operating		2022	2021
						f
	Net income/(expenditure) for the reporting		period		9)803	81,940
	Add: Depreciation charge				1,788	6G4
	Less: Dividends, interest and rents front investments				(1,083)	(1,540)
	(Increase) / decrease	in debtors			(25,932)	(19,448)
	Increase /(decrease)	in creditors and provisions			17,594	14,237
	Net cash provided	by operating activities			2,170	75,853
24	Aualysis ofcash aud cash equivalents				2022	2021
	Cash at bank and in	hand			2291984	172,8GO
	Notice deposits				91,820	145,691
	Total cash and cash equivalents				321)804	318,551
24A	Analysis ofchanges	in net debt
				At start	Cashflows	At end
				ofyear	in year	ofyear
	Cash			172,860	57,124	229,984
	Cash equivalents			145,691	(53,871)	91,820
				318,551	3,253	321,804