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|||||page|
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Trustees' Annual
Report (Incorporating|the|Directors' Report)|||
|Independent
Auditor's
Report tothe Members||||10|
|Statement of Financial
Activities
(Including||Income and Expenditure|Account)|15|
|Statement of Financial
Position||||16|
|Statement ofCash Flows||||17|
|Notes to the Financial
Statements||||18|
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||||Unrestricted|Restricted||Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Total 2022|2021|
|||Note|E|8|E|E|
|Income and endowments|from:||||||
|Donations
&legacies||3|324,374|35,191|359,565|39,073|
|Charitable
activities||4|70,000|1,036,827|1,106,827|631,352|
|Trading
ActiviTies||5|7,465||7,465|76,838|
|Investment
income||6|38||38|61|
|Other income||7|26,900|215|27,115|4,000|
|TOTAL INCOME|||428,777|1,072,233|1,501,010|751,324|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Advice and Information||6|56,472|1,011,847|1,068,319|716,118|
|TOTALEXPENDITURE|||56,472|1,011,847|1,068,319|716,118|
|NET INCOMEI (EXPENDITURE)|||372,305|60,386|432,691|35,206|
|Transfers
Between Funds|||18,915|(18,915)|||
|Actuarial
gain/(loss)
on defined
pension scheme|benefit||10,949||10,949||
|NET MOVEMENT
IN FUNDS|||402,169|41,471|443,640|35,206|
|Reconciliation
of Funds|||||||
|Funds brought forward at 1 April|2021||249,111|76,386|325,497|290,291|
|Funds carried forward 31 March 2022|||651,280|117,857|769,137|325,497|
##
|||||2022|2021|
|---|---|---|---|---|---|
||||note|K|8|
|FIXEDASSETS||||||
|Tangible Assets|||13|112,122||
|CURRENT ASSETS||||||
|Debtors|||14|87,015|101,507|
|Cash at bank and in hand||||629,585|291,822|
|||||716,600|393,329|
|CREDITORS: Amounts|falling due within one year||15|(53,360)|(67,832)|
|NET CURRENT ASSETS||||663,240|325,497|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||775,362|325,497|
|Defined benefit pension scheme asset||/ (liability)|16|(6,225)||
|TOTAL NET ASSETS||||769,137|325,497|
|FUNDS||||||
|Restricted income funds||||117,857|76,386|
|Designated
funds||||||
|Unrestricted
funds||||651,280|249,111|
|TOTAL FUNDS||||799,137|329,497|
##
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|||2022|2021|
|---|---|---|---|
||note|6||
|Cash flows from operating
activities||||
|Net income/(Expenditure)
for the period||432,691|35,206|
|Adjusted for:||||
|Depreciation
charge|13|839|690|
|Investment
income||(38)|(61)|
|Pension scheme finance cost|16|132||
|Pension scheme deficit contributions|16|(5,774)||
|Pension scheme deficit transferred
from Redcar CAB|16|22,816||
|Decrease/(increase)
in debtors
(Decrease)/increase
in creditors|14
16|14,492
~74.472|(43,063)
34,060|
|Net cash flows from operating
activities||450,686|26,832|
|Cash flows from investing
activities||||
|Interest receivable
and similar income|6|38||
|Tangible fixed assets additions|13|~112,961||
|Net cash flows from investing
activities||112,923|61|
|Net increase/(decrease)
in cash and cash equivalents||337,763|26,893|
|Cash and cash equivalents
at 1 April 2021||291,822|264,929|
|Cash and cash equivalents
at 31 March 2022|19|629,585|291,822|
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|||Unrestricted|Restricted||
|---|---|---|---|---|
|||Funds|Funds|Total 2021|
|||F|E|E|
|Income and endowments
from:|||||
|Donations
&legacies||39,073||39,073|
|Charitable
activities||6,726|624,626|631,352|
|Trading Activities||76,838||76,838|
|Investments||61||61|
|Other Income||4,000||4,000|
|TOTAL INCOMING RESOURCES||126,698|624,626|751,324|
|RESOURCES EXPENDED|||||
|Charitable
activities|||||
|Advice and Information||69,293|646,825|716,118|
|TOTAL RESOURCES|EXPENDED|69,293|646,825|716,118|
|NET INCOMEI (EXPENDITURE)||57,405|(22,199)|35,206|
|Transfers
between
funds||15,741|(15,741)||
|NET MOVEMENT
IN FUNDS||73,146|(37,940)|35,206|
|Reconciliation
ofFunds|||||
|Funds brought forward|at 1 April 2020|175,965|114,326|290,291|
|Funds carried forward|31 March 2021|242,111|76,386|325,497|
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|3.Income from Donations|and Legac|ie|s||||
|---|---|---|---|---|---|---|
||||Unrestricted||Total||
||||Funds|Restricted|2022|Total 2021|
||||||E|8|
|Donations|||706|300|1,006|2,517|
|Covid Grants||||16,496|16,496|36,556|
|Funds Transferred
from Redcar CAB|||323,668|18,395|342,063||
|Total|||324,374|35,191|359,555|39,573|
|4.Income from Charitable|Activity||||||
|Advice &Information
Services:|||||||
||||Unrestricted|Restricted|Total||
||||Funds|Funds|2022|Total 2021|
|Funder||||8|8|8|
|CCG Health - GP Surgeries||||25,000|25,000|25,000|
|Citizens Advice - Money Advice Service||Debt||259,781|259,781|125,726|
|Citizens Advice - Universal|Credit|||163,909|163,909|65,425|
|County
Durham
Community|Foundation|||9,948|9,948|5,000|
|Darlington
BC - Benefits Advice & Support|||Ser|30,000|30,000|30,000|
|Darlington
BC - Community|Care|||140,013|140,013|147,116|
|Darlington
BC - Emergency|Assistance|Grant||20,196|20,196||
|Darlington
BC - Financial
Crisis||||74,438|74,438|65,917|
|Darlington
BC - Trailblazer||||16,608|16,608|14,475|
|Hartlepool
Community
Grants||||||6,032|
|Macmillan
Cancer Support||||17,631|17,631|17,500|
|North East Law Centre||||25,074|25,074|4,985|
|Redcar BC|||70,000||70,000||
|Redcar BC - Mortgage Rescue||||31,638|31,638||
|Step Forward Tees Valley||||36,520|36,520|30,329|
|Stockton Citizens Advice -|Energy Redress|||35,334|35,334||
|Stockton Citizens Advice - Warm Homes|||Fund|43,737|43,737||
|West Park Hospital||||53,272|53,272|22,594|
|Youth Employment
Initiative||||53,728|53,728|64,527|
|Other Charitable
Income||||||6,726|
|Total|||70,000|1,036,827|1,106,827|631,352|
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||||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|Total 2022|Total 2021|
||||||||8|8|E|8|
|Room Hire|||||||4,374||4,374|5,050|
|Legal Aid||||||||||5,809|
|Management||consultancy|||||3,091||3,091|65,979|
|Total|||||||7,465||7,465|76,838|
|6.Investment||Income|||||||||
||||||||Unrestricted|Restricted|||
||||||||Funds|Funds|Total 2022|Total 2021|
||||||||8|8|E|8|
|Interest receivable|||on|bank|deposits||38||38|61|
|Total|||||||35||38|61|
|7.Other|Income||||||||||
||||||||Unrestricted|Restricted|||
||||||||Funds|Funds|Total 2022|Total 2021|
||||||||8|E|8|E|
|DWP - Kickstart|||||||26,700||26,700||
|Other Income|||||||200|215|415|4,000|
|Total|||||||25,200|215|21,115|4 QQQ|
|8.Resources||Expended|||||Unrestricted|Restricted|||
||||||||Funds|Funds|Total 2022|Total 2021|
|Advice 8|information|||services:|||E|E|8|8|
||||||Direct|costs|11,301|753,016|764,318|559,549|
|Allocated||Support||Costs|(see below)||35,189|249,160|284,348|150,979|
|||||Governance||Costs|9,982|9,671|19,653|5,590|
|Total Resources Expended|||||||56,472|1,011,847|1,068,319|716,118|
||||||||Staff Costs|Other Costs|Total 2022|Total 2021|
||||||||||E||
|Allocated|Support||Costs comprise||||245,555|38,793|284,348|150,979|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||||8|
|Wages|and|salaries|||737,125|410,369|
|Social|security costs||||48,931|30,136|
|Pension costs|||||17,439|9,843|
||||||803,495|450,348|
|The average||number|ofemployees|during|the year was||
||||||2022|2021|
||||||No.|No.|
|Management|||||4|3|
|Advice|Delivery||||30|15|
|Admin|& support||||5|4|
|Total|||||39|22|
##
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|13.Tangible Fixed Assets|||||
|---|---|---|---|---|
|Cost|Freehold
Propertyf|Computers|Fixtures &
Fittingsf|Total
F|
|At 1 April 2021
Additions|110,000|0
621|115,212
2,340|115,212
112,961|
|At 31 March 2022|110,000|621|117,552|228,173|
|Depreciation|||||
|At 1 April 2021||0|115,212|115,212|
|charge for the year||621|218|839|
|At 31 March 2022||621|115,430|116,051|
|Net Book Value|||||
|At 1 April 2021|||||
|At 31 March 2022|110,000||2,122|112,122|
|Freehold
property
and Computer
additions
a
Redcar Citizens Advice.|re the Fixed asset fund balances dona|ted
from|
|---|---|---|
|14.Debtors|2022
f|2021
f|
|Trade Debtors|29,629|64,929|
|Accrued Income|52,787|36,106|
|Prepayments|4,599|472|
|Total|87,015|101,507|
|15.Creditors|2022
F|2021
f|
|Trade Creditors|3,342|16,491|
|Accruals|8,351|6,654|
|Deferred Income||42,845|
|Other Creditors|41,667|1,842|
|Total|53,360|67,832|
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|RECONCILIATION|OF OPENING|AND CLOSING PROVISIONS|AND CLOSING PROVISIONS|AND CLOSING PROVISIONS|AND CLOSING PROVISIONS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|note: prior period|comparatives|are for|information||only. They||relate to balances
previously||||held|
|with Redcar Citizens Advice and therefore||||were transferred||to|the|charity|as part ofthe|business||
|combination
on 1st May 2021||||||||||||
||||||||||Period||Period|
||||||||||31-Mar-22|31-Mar-21||
||||||||||6|||
|Provision
at start of period|||||||||22,816||27,034|
|Unwinding
ofthe discount factor (interest|||expense)||||||132||608|
|Deficit contribution|paid||||||||(5,774)||(5,606)|
|Remeasurements|-impact ofany|change|in|assumptions|||||(143)||780|
|Remeasurements|-amendments
to the contribution||||||||(10,806)|||
|Provision
at end ofperiod|||||||||8,225||22,816|
|INCOME AND EXPENDITURE IMPACT||||||||||||
||||||||||Period||Period|
||||||||||Ending||Ending|
||||||||||31-Mar-22|31-Mar-21||
||||||||||E||F|
|Interest expense|||||||||132||608|
|Remeasurements|—impact ofany|change|in|assumptions|||||(143)||780|
|Remeasurements|—amendments|to the contribution|||||||(10,806)|||
|Contributions
paid|in respect offuture service*|||||||||||
|Costs recognised|in income and expenditure|||account||||||||
|*includes defined|contribution
schemes and|||future service contributions||||(i.e. excluding
any deficit|||reduction|
|payments)
to defined benefit schemes which||||are treated as defined|||contribution||schemes.|||
|||||||31-Mar-22|||31-Mar-21|31-Mar-20||
||||||||%|per|%per||%per|
||||||||annum||annum||annum|
|Rate ofdiscount||||||||2.35|0.66||2.53|
##
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|17.Funds|||||||||
|---|---|---|---|---|---|---|---|---|
|||Balance 1|Incoming|Outgoing|Pension|||Balance 31|
|||April 2021
8|Resources
f|Resources
E|Gain/(Loss)|f|Transfers
6|March 2022
6|
|Unrestricted
funds:|||||||||
|General
Funds||249,111|428,777|(56,472)|10,949||18,915|651,280|
|Designated
Funds|||||||||
|Pension reserve|||||||||
|Total unrestricted
funds||249,111|428,777|(56,472)|10,949||18,915|651,280|
|Restricted Funds:|||||||||
|CCG - Northern
Cancer Alliance||23,373||(1,574)||||21,799|
|CCG Health - GP Surgeries|||25,000|(25,000)|||||
|Citizens Advice - LIBOR|||13,356|||||13,356|
|Citizens Advice - Money Advice
Service Debt Advice|||264,821|(242,200)|||(22,621)||
|Citizens Advice - Universal|Credit||163,909|(163,909)|||||
|County
Durham
Community
Foundation||2,453|9,948|(781)||||11,620|
|Darlington
BC - Benefits Advice &
Support Service|||30,000|(30,000)|||||
|Darlington
BC - Community|Care|19,071|140,013|(151,302)||||7,782|
|Darlington
BC - Emergency
Assistance
Grant|||20,196|||||20,196|
|Darlington
BC - Financial
Crisis||12,314|74,438|(80,344)||||6,408|
|Darlington
BC - Infection
Control|||16,496|(16,496)|||||
|Darlington
BC - Trailblazer|||16,608|(16,608)|||||
|Growing
Old Living
in Darlington
(GOLD)||12,069|514|(341)||||12,242|
|Hartlepool
Community
Grants|||||||||
|Macmillan
Cancer Support|||17,631|(17,500)||||131|
|North East Law Centre|||25,074|(25,074)|||||
|Redcar BC - Mortgage Rescue|||31,638|(31,638)|||||
|Step Forward Tees Valley||7,106|36,520|(43,626)|||||
|Stockton Citizens Advice-
Energy Redress|||35,334|(35,516)|||182||
|Stockton Citizens Advice - Warm
Homes Fund|||43,737|(47,261)|||3,524||
|West Park Hospital|||53,272|(28,949)||||24,323|
|Youth Employment
Initiative|||53,728|(53,728)|||||
|Total restricted
funds||76,386|1,072,233|(1,011,847)|||(18,915)|117,857|
|Total funds||325,497|1,501,010|(1,068,319)|10,949|||769,137|
##
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|17.Funds (Prior year com|parative)||||||
|---|---|---|---|---|---|---|
|||Balance 1||||Balance 31|
|||April 2020|Income|Expenditure|Transfers|March 2021|
|||8|6|6|6||
|Unrestricted
funds:|||||||
|General Funds||175,965|126,698|(69,293)|15,741|249,111|
|Designated
Funds|||||||
|Total unrestricted
funds||175,965|126,698|(69,293)|15,741|249,111|
|Restricted Funda:|||||||
|CCG - Northern
Cancer Alliance||29,937||(6,564)||23,373|
|CCG Health - GP Surgeries|||25,000|(21,480)|(3,520)||
|Citizens Advice - LIBOR|||||||
|Citizens Advice - Money Advice
Service Debt Advice|||125,726|(114,325)|(11,401)||
|Citizens Advice - Universal|Credit||65,425|(56,783)|(8,642)||
|County
Durham
Community
Foundation|||5,000|(2,547)||2,453|
|Darlington
BC - Community|Care|20,839|147,116|(148,884)||19,071|
|Darlington
BC - Covid 19||32,440||(36,203)|3,763||
|Darlington
BC - Emergency|||||||
|Assistance
Grant|||||||
|Darlington
BC - Financial Crisis|||65,917|(53,603)||12,314|
|Darlington
BC - Trailblazer|||14,475|(13,661)|(814)||
|Darlington
BC - Benefits Advice &
Support Service|||30,000|(32,727)|2,727||
|Growing
Old Living
in Darlington
(GOLD)||12,225||(156)||12,069|
|Hartlepool
Community
Grants||5,284|6,032|(11,732)|416||
|Macmillan
Cancer Support|||17,500|(15,693)|(1,807)||
|North East Law Centre|||4,985|(4,985)|||
|Step Forward Tees Valley|||30,329|(23,223)||7,106|
|Stockton Citizens Advice -
Redress|Energy|||(1,603)|1,603||
|Stockton Citizens Advice - Warm
Homes Fund||||(2,996)|2,996||
|West Park Hospital|||22,594|(13,027)|(9,567)||
|Youth Employment
Initiative||13,601|64,527|(86,633)|8,505||
|Total restricted funds||114,326|624,626|(646,825)|(15,741)|76,386|
|Total funds||295,291|751,324|1716,1151|.|325,497|
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