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|Trustees'
annual
report||(incorporating||the|directors'|report)|||
|Independent
examiner's||report to the||trustees||||13|
|Statement offinancial|activities||(including||income and expenditure||account)|14|
|Balance sheet||||||||15|
|Notes to the financial|statements|||||||16|
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|Year en|ded 31 March 2|ded 31 March 2|023|
|---|---|---|---|
|Reference|and administrative||details|
|Registered|charity|name|Mid Suffolk Citizens Advice Bureau|
|Charity registration||number|1107152|
|Company|registration
number||05296023|
|Principal office and||registered|5 Milton Road South|
|office|||Stowmarket|
||||Suffolk|
||||IP14 1EZ|
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
||||Note|funds
f|funds
f|Total funds|Total funds
F|
|Income and endowments||||||||
|Grants and donations|||5|270,760|65,245|336,005|292,029|
|Charitable
activities|||7|849||849|1,782|
|Investment
income|||8|2 776||2,776|1,197|
|Total income||||274,385|65,245|339,630|295,008|
|Expenditure||||||||
|Charitable
activities|||9|257,636|61,980|319,616|271,356|
|Total expenditure||||257,636|61,980|319,616|271,356|
|Net income and net movement||in funds||16,749|3,265|20,014|23,652|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||296,977|5,968|302,945|279,293|
|Total funds carried|forward|||313,726|9,233|322,959|302,945|
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|31 March 202|3|||||||
|---|---|---|---|---|---|---|---|
|||||2023||2022||
||||Note|||F|F|
|Fixed assets||||||||
|Tangible fixed assets|||||5,107|||
|Current assets||||||||
|Debtors|||15|300||14,048||
|Cash at bank and|in|hand||378,493||313,968||
|||||378,793||328,016||
|Creditors: Amounts||falling due within||||||
|one year|||16|(60,941)||(25,071)||
|Net current assets|||||317,852||302,945|
|Total assets less|current liabilities||||322,959||302,945|
|Net assets|||||322,959||302,945|
|Funds ofthe charity
Restricted funds|||||9,233||5,968|
|Unrestricted
funds|||||313,726||296,977|
|Total charity funds|||17||322,959||302,945|
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|Grants and donations||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2023|
||f|f|E|
|Donations||||
|Donations|29,277|3,000|32,277|
|Grants||||
|Grants|241,483|62,245|303,728|
||270,760|65,245|336,005|
||Unrestricted|Restricted|Total Funds|
||Funds
F|Funds
F|2022
f|
|Donations||||
|Donations|30,144|2,850|32,994|
|Grants||||
|Grants|215,056|43,979|259,035|
||245,200|46,829|292,029|
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|Grants and donations||||
|---|---|---|---|
|||2023|2022f|
|Grants Receivable||||
|Mid Suffolk District Council||125,500|95,500|
|The National Association ofCitizen Advice Bureaux||74,211|72,994|
|Suffolk County Council||55,967|19,431|
|Rope Trust||20,000||
|Hopestead
Stowmarket
Town Council||10,000
7,600|7,600|
|East Suffolk Council||6,250||
|M SSociety
Stowmarket
Relief Trust||4,000
200|4,333
5,500|
|Ipswich
&East Suffolk CCG
Ipswich
& District CAB - Suffolk Advice 8 Support Service
Suffolk Community
Foundation
Innovation
Community|||24,926
11,700
8,718
8,333|
|||303,728|259,035|
|Donations||||
|Private Donations||10,787|5,564|
|Parish Councils||7,085|7,059|
|Needham
Market Town Council||5,500|4,500|
|Alfred Williams
Charitable|Trust|3,000|3,000|
|CAMs Mayor
Geoffrey Burton Charitable|Trust|2,900
2,000|1,850|
|Needham
Market 8 Barking Welfare Charities
Other donations||1,000
5|1,000
19|
|Margaret
Wright Birketts LLP|||10,002|
|||32,277|32,994|
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|7.|Charitable
a|ctivities|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds
f.|2023
f|Funds|2022|
||Other income||849|849|1,782|1,782|
|8.|Investment|income|||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||F|F|||
||Bank interest|receivable|2 776|2 776|1,197|1,197|
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|9.|Expenditure
on charit|able
activities||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||||f.|E|E|
||Subsistence
and refreshments||762||762|
||Staff travel||336||336|
||Surviving
winter grants|||||
||Staff recruitment||834||834|
||Staff training||408|388|796|
||Volunteer
training||1,100||1,100|
||Volunteer expenses||3,173||3,173|
||Volunteer
other||363||363|
||Wages and salaries||181,373|56,045|237,418|
||Support costs||69,287|5,547|74,834|
||||257,636|61,980|319,616|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|||||f|f|
||Subsistence
and refreshments||414||414|
||Staff travel||637||644|
||Surviving
winter grants||9,207||9,207|
||Staff recruitment||75||75|
||Staff training||1,403||1,403|
||Volunteer
training||500||500|
||Volunteer expenses||1,150|211|1,361|
||Volunteer
other||385||385|
||Wages and salaries||148,208|46,580|194,788|
||Support costs||48,515|14,064|62,579|
||||210,494|60,862|271,356|
||Analysis ofsupport costs|||||
|||||2023f|2022
E|
||Offices costs|||40,704|28,740|
||Premises costs|||29,207|29,489|
||Legal and professional|fees||2,173|1,867|
||Depreciation|||1,703||
||Other costs|||1,047|2,483|
|||||74,834|62,579|
|10.|Net income|||||
||Net income is stated after charging:|||||
|||||2023|2022|
||Operating
lease rentals|||23,757|21,629|
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|Independent|examination|fees|||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||E|F|
|Fees payable
Independent|to the independent
examination
ofthe||examiner for:
financial
statements||2,136|1,854|
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|The total staff costs and employee
benefits for the|reporting
period are analysed
as follows|:|
|---|---|---|
||2023
E|2022f|
|Wages and salaries
Social security costs
Pension costs|213,836
9,583
13,999|176,991
6,458
11,339|
||237,418|194,788|
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|No trustees
received any remuneration
or reimbursed
e
Tangible fixed assets|xpensed
during this or the prior year.|
|---|---|
||Office|
||equipmentf|
|Cost||
|At 1 April 2022|33,988|
|Additions|6,810|
|At 31March 2023|40,798|
|Depreciation
At 1 April 2022|33,988|
|Charge for the year|1,703|
|At 31March 2023|35,691|
|Carrying
amount
At 31March 2023|5,107|
|At 31 March 2022||
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|15.|Debtors|||||
|---|---|---|---|---|---|
|||||2023|2022|
||||||F|
||Prepayments|and accrued income||300|14,048|
|16.|Creditors: Amounts||falling due within one year|||
|||||2023|2022|
|||||f.|f.|
||Accruals and deferred||income|60,941|24,871|
||Other creditors||||200|
|||||60,941|25,071|
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|Yea|r ended 3|1 March|2023||||||
|---|---|---|---|---|---|---|---|---|
|17.|Analysis of|charitable|funds||||||
|||||At 1 April||||At 31 March|
|||||2022|Income
E|Expenditure
f|Transfersf|2023
E|
||Unrestricted|funds|||||||
||General Funds|||171,977|274,385|(257,636)|(70,000)|118,726|
||Equipment
Reserve|||20,000||||20,000|
||Contractual|Commitment|||||||
||Reserve|||55,000||||55,000|
||Development|Reserve||10,000|||70,000|80,000|
||Property Reserve|||40,000||||40,000|
|||||296,977|274,385|(257,636)||313,726|
||Restricted funds||||||||
||BIM Project||||3,000|(3,000)|||
||M SSociety||||4,000|(4,000)|||
||EAP|||5,968|38,245|(34,980)||9,233|
||Rope Trust||||20,000|(20,000)|||
|||||5,968|65,245|(61,980)||9,233|
|||||At 1 April||||At 31 March|
|||||2021|Income
F|Expenditure
f|Transfers|2022
f|
||Unrestricted|funds|||||||
||General Funds|||124,203|248,179|(209,287)|(38,704)|171,977|
||Equipment
Reserve|||20,000||||20,000|
||Contractual|Commitment|||||||
||Reserve|||55,000||||55,000|
||Development|Reserve||10,000||||10,000|
||Property Reserve|||40,000||||40,000|
||Covid 19Reserve|||25,000||(1,207)|23,793||
|||||274,203|248,179|(210,494)|(14,911)|296,977|
||Restricted funds||||||||
||BIM Project||||2,850|(12,895)|10,045||
||Employment|Advice||4,669||(5,772)|1,103||
||Help to Claim||||18,463|(21,513)|3,050||
||M S Society|||421|4,333|(5,467)|713||
||EAP||||13,583|(7,615)||5,968|
||Rent||||7,600|(7,600)|||
|||||5,090|46,829|(60,862)|14,911|5,968|
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|As at 31 March 20|23||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Restricted|Total Funds|
||||Funds
f|Funds
F|Funds
f|2023|
|Current assets|||118,726|195,000|9,233|322,959|
|Net Assets|||118,726|195,000|9,233|322,959|
|As at 31 March 2022|||||||
||||Unrestricted|Designated|Restricted|Total Funds|
||||Funds|Funds|Funds|2022|
||||F||||
|Current assets|||171,977|125,000|5,968|302,945|
|Net Assets|||171,977|125,000|5,968|302,945|
|Financial commitments|||||||
|Total commitments|under non-cancellable||operating
leases|are as follows:|||
||||||2023
f|2022|
|Amounts
due within|one year||||20,048|18,607|
|Amounts
due between||one and 5years|||16,706||
||||||36,754|18,607|
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