SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (REGISTERED NUMBER .. 05582643) REPORT AND UNAUDrrED AccouKrs FOR THE YEAR ENDED 31 MARCH 2025
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limilgj by guarantee and not having Fthare ca) DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The directors, who are also the truslees, preSt their rewxt arml the accounts for the year endwj 31 Marth 2025. The company incor[ on 4 Octs)ber 2005 and comm8nLxd ts adi¥thes on 1 April 2006. The registration nurnber of the company i8 5582643. The txmmpany is akn a register&l tharty (number 1112999). The charity is constiluted by its memanduM and artKles ofasso(ath. The liability of the membets fj limited by Ilw'r guarantee. In the event of the company being M)und up during the pertod of their mernbership {or wthin a year following), rnernbern undertake to contrte suth amounts as may be required, up lo a maximum of £1. Ro 11 Porchester Road Woolston Southampton S019 2J8 counta Knighl Goodhead Liniled 7 Boumemouth Road Chandlerfs Ford Easuwgh Hampshire S053 3DA CAF 8ank Lid Kings Hlll West Majling Kent ME19 4JQ The prirKipal aclivity of the tharity k8 the proliwi of adYK8 reweSlation in th8 fietds of anployment law and wella benefits lo residents of Southampton.
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE {Company limitsd by guarantee and not having share caprtal) DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2025 (continued) ectivts and actlvltle8 Within the field of employment rights and welfare benefits, th8 charity aims to provide its clients with high quality, accurate advice and (where appropriate) representation at tribunals etc. This Servi is available to all who live within the area of Southampton and those from Other areas such as trade unions and housing associations with which the charity has funding agreements. The strategies for achieving these aims and objectives may be surnmarised as follows,, a) Staff - all staff are encouraged to provid6 an exceptional level of commitmenl to the client group. The charity has a well developed trydlning programme that ensures the quality of advice is sound, con8lStent and accurate; b) The Advice Service Alliance - adherence to the Quallty Mark ensures that management and staff ar8 committed to excellence based on a strong qualitalNe ba$8; cl Centre of Excellence . the tharity strives to b8 recognised as providing hh quality advice and representatton in its area of expertiBe; d) Specialists- the charity focuses only on ts areas of expertise in welfare benefits and employment lavr, e) Outreach - in order to ensure thal its servi¢xs are available lo all members of the community, the chaiity operated a number ol outreach centres., fj Equality of opportunity - the charivs staff complement is intended to be broadly representative of the MMUnitY which11 sepies. Dlrecto The directors who Ser during the year were., J Brear R Stokes DC Murray DG Wrighton CL McEwlng DI Goodall J Atkinson M Safi E Keogh (appointed12 November 2025) The Charity is managed by the board of Oireclors {truslees} who detegate day.tO-day responsibility to the Centre Manager and the management team who have operational responsibility for service delivery. A new Centre Manager, James Mccullough, was appointed in October 2025 on the reiiremenl of Gary Edwards. Chair Vtce chair Treasurer (resigned12 November 20251 Secretary Treasurer
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limitsd by guamtee and not ha¥ing share capita) DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2025 {continued) ointment of trustees Trustees are elected lo post hawng been selthj frThn suitabts candth b ensure that the board coniains an appropriaie balance of experbse. Trustees und an iniw lrKluclty courne. The trustees nomlY meet bi4nonlhty but rrrtxe frUenty rf needed kn attend to Ihe legal and administrative affairs of Ihe company and b review and sei the pol arml long temi stratvJies of the tharity. There is one sub committ88'. Personnel and Development, vknich is charged ith developing and monitiNing del¥wy of the strabJic plan and policy and personnel matters. We have completdy adwsed th updaled our safeguardiNJ wdUreS, this is a slanding ilem al 8Y board meeting. Rlsk ajsess The trustees conb'nue to assess ts maior ttsks b ¥thith the tharity is exFM)sed. In parb'cu18r related to the operattons and finances of the charity and bdie¥e effective insuranc8. checks, C•)ntrob, and procedures ¥e in place to minimise those rfsks. Specific plans in1r0 our three r5 business an 2024-27 and contiryency nIng for a rdnge of outcomes from the revlew of contraclval arrangements are in place. A Rksk Register is compiled and re8d al ea( Board m8eting to ensure all necessary aclj'ons to minimis8 iisk are in pface. As required by the AQS Quality marf( procedures there is a fijll sel of office manuals indudlng ftnancial procedures. In March 2024 VK had AQS extemal audit was again very positive. The auditcr highlighted many areas where exceeded national standards and KIentsf our approath to W Repo.n9 as an area of good practsce. The next audit ill take place within the firnt quarter of 2026. Safeguarding is a sknding itsm at e¥w board meing and a 8oard member has lead responsibillty for safeguardlng Issues, vlew of A We operate a five<lay VKJthlng ek. delivernd over 5.000 cfmii 8p0deS and assisted al an average of 140 tribunal proceedings. A high proporlion of our casdoad is Personal Indewdence Appeals and Mandatory Recnnslderations. Sadly. due to the sheer volume ithin the Tribunal Serwce. app8 are rth¥ taki around 1&monlh$ to be heard. We have at any one lime around 130 live Tribunal cases made up of both EmployftKnl arKI Bethgfit law. We are innovative in our delNery methods lo meet the demands ofour servtt. In the finaN#al year no Iustsfi&J (J)mpla'nts Were receid, only compliments and donations. Our Site provth inf0mlIon on our aNI xhiebynwts for dients togethw ilh some posibve endorsements from key stakeholderyJ, We generaled 5.7 trnes finan¢ial benefit for our swvKe useTr for e%ery pound invested in our wvice, money that is Spent in the kjcal e(y)nomy. In 2018. the City Council awajded an Advi, Infomiakn and lance ctract to a consoitium18d by Southampton CAS for an initial fve yeats. This was extended in Apn'l 2023 tr) run unbl ts end of January 2025 and has been further extended ts1131sl Mah 2026. We have SUbtracted 1th that organisation to provide the 0]e of the specialist advice and repTesentatson on employment and eifare mattws fvnded thal L))ntracL We are always looking ts additional fundw streams. Our princryjal fvndll comes from contractual souros. We hold the sutrFcontract admInisted by Southampton CAS to uThlertake the vdume of specialisl lempk)yffonl and vRlfare) provthd for and funded in the Advice Infomiation and Guidance contract let by Southampton City thjnal ISCC}. The other Contr&t is hdd direcuy with SCC for Disability Welfare Advi vthlch VAS due to ewre at the end of JUary 2025 and has been eXteIed ti131sl March 2026. The k7tter contract compkments the AIG contracl bul provths targeted supm fiy (tsnts ith disabilities are noi covered wthin that contracL The City Counal agre8d. Both these c£tracts r81¥•Y an iifiationary utlift of4.5% contract values during 2025. SCC inndS b introduce a new Southampkn Earfy Advu &pwt (SEAS) ctr&I due lo come into effect on Isl April 2026 vthich will replace several existing adv tracts vithjding I1 held by SARC. We are [fig With a range of advice parlners to submit a bid for the new contract
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limited by guarantee and not hawng share capital) DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2025 (continued) Flnanclal review A summary of the chantys ffnancial perfomiance is shown on page 7 of Ihe accounts. The charity made a surplus of £9.115 (2024: £37.760). The toial TeseNes of the tharity at the year end were £212.35812024.' £203.2431. New contractual arrangements and contracl specificatK)ns are awailed ar SARC will naturally seek to particxpale fully n the exercase our partners making the case for our strategic contn'bub'on the City's priorib'es and the need for this to be supported by fair and adequats levels of funding. SARC is clear that support from Ihe City Council is vital for us to develop our longer.term business plans and attract further extemal financial support but Most fvnd8m8nlally to ensure that SARC remains viable in the short to medlum tem. For over a decade or more we have made sustained efforts to identify and sacure fresh income sour9 to complement our Counal funding and have slgniftcanty reduced the proportton of our income thIch is Counci5 dep8ndenL As always, with grdnl funding from extemal sources, fundlng is usually time limited and the knaer for S fvnding Is charnGterised by an ever4arg8r number of organisab'ons seeking to access the finlte funding 8¥8ilable, We currenlly receive fvnding from the Alex Ferry Foundaban and the National Lottery Community Fund and a actively wrsulng a number of further fundlng appllcaknns. DonatM)n8 from dients agaln exceeded our budget. The twstees, Objec¥8 Is to maintaln suffictenl reserves lo fund; 11) Operaltng costs to enable the organlsation to conllnue tradlng during any unusual disruption to income. This is eslimatsd to represent al least 5% of annual Income; lil) Costs of closure including redundancy costs, staff notice pay, potential legal costs should TUPE apply, hollday pay and other final payments to ueditors,. liiil Anticipated building repairs and Maintenance to ensure compliance contractual obligalons in lernis of the lease and for an ongoing programme of equlpment replacement, On the above basls it Is cufrenlly estimated that betW88n £105,000 and £110,000 is required lo b8 held In reser. Due to the prudent cost reductions undertaken by SARC to presepie the Mability of the centre, together wth the succe88 of the team in securing other sources of grant funding and an improvern8nt in donations. SARC is holding higher reserves than anticipated. However due to the extremely uncertain ftnancial environment SARC is currenlly operating in, the board belleve it is appropriate to hold higher reserves unb'l Ihe situation with funding becornes clearer. The trustees confirm that they have refeffed io the guidance contained in the Charity Commission's general guidance on public benefit wthen revte¥Mng the charitls aims and objecb'ves and in planning future adivilies.
SOUTHAMPTON ADVICE & REPRESENTATION CENTrE (Company limited by guarantee and not haing share capita) DIRECTORV REPORT FOR THE YEAR ENDED 31 MARCH 2025 (continued) D1Ctors. re8 nslbllttles The charity trustees Ivtho a atso the directors for the purrx)ses ofconpany law) are pOnsi1e for preparing the trustees annual report and the financial ststements in accordance ilh apPlth law and Unibj lQngdom Generally Accepted Accwnting Practice. Company law requires the directh to prepare finanoal StsleMts for eath finanaai year, give a tsue and fair view of the state of affairs of the company of the inccwne arKI expwdibjre ol Ihe company fi)1 that pwic#J. In preparing those a¢xounts the d1Clor5 are r4uired lo: sdect Sultale accounting polmxes and apth them LY)nsistenty, obser¥e the methods and winath in the Charities SORP, make judgements and esbmales Ihal are r8asonth and prudent; state wheiher appltcable accounbng st&)dards have fdb£d. subject to any material depariures disdosed and explalned in Ihe financial stalefflents; and prepare the accounts on Ihe going concem ba unless it Is inapprqxiab to mumè tha company will continue in operation, The dlreclors are reSp0nstt for keepi woper axountirvJ rwd8 are sufficient to thow and ewain the c4Jmpanl8 transactions and disdose 1th reasonable ao)Jrxy at any time the finanoal poslkn of the company and that enable them to ensure that the financial statements comply the Cryies Act 2006. They are atso responsib for safeguarding the assets of the company and hence for taking reasal8 steps for the prevents'on and detection ol fraud and other irregularitses. This report has been prepared Yi accordance Imth the speaal prowsKJns of Part 15 of the Companies kl 2006 relating to small companles. Approved by order of the board on 10 l a I toz and signed on thetr l)ehalf by L&u.& D G Wrfghton Secretary
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF SOUTHAMPTON ADVICE & REPRESENTATION CENTRE I report to the Irustees on my examinalion of the accounts of Southampton Advi & Representation Centre for the year ended 31 March 2025, which are set out on pages 7 to 16. RESPONSIBILITIES AND BASIS OF REPORT As Ihe trustees of the charitable company {and also its directors for the wrposes of company lawl you are responsible for the pparation of the accounts in accordance with the requirements of the Companies Act 2006 (the°21J06 Act'i. Having satisfied myself that the aLrounts of the charitable company are not required to be audited under the Charities Act 2011 and are eligible for an independent examinalion, I report in respect of my exanwnation of the trustee's aLxounts carried out under secb'on 145 of Ihe 2011 Act. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)Ib) of the 2011 ACL INDEPENDENT EXAMINER'S STATEMENT I have completed my exarninalion. I confimi that no material mattets have come to my attenti¢)n in conn&tion 1th the examinatKJn giving me cause to believe thaL' (i) accounting COrdS were not kept in respext of the charikble company as required by section 386 of the 2006 ACL. or (2) the accounts do not accord those records; or (31 the aLxounts do not comply the accounting rw4uirements of section 396 of the 2006 Act other than any requirement that the accounts give a'twe and fairf view which is not a matter considered as part of an independent examination,. or (41 the accounts have not been prepad in accordan with the methods and principles of the Statement of Recommended practs'ce for accounts'ng and reporting by charib'es applicable to charitses pparing their accounts in a(xordance with Ihe Financial Reporttng Standard applicable in the UK and Republic of Ireland {FRS 1021. I have no COnmS and have come across no other matters u) Connecti fjth Ihe examination to wthich attenticm should be drawn in this report in order to enable a proper understanding of the accounts to be reathed. J E Haffls FCCA Knight Goodhoad Llmltsd Chartered Accountants 7 Boumemouth Road Chandlerfs Ford, Easueigh Hampshire, S053 3DA I l kk0< 2n26
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limited by guarantee and not having share capital) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Oncludlng Income and Expendlture account) Unrestrfctsd fun Restrlcted Tolal funds Total funds funds 2025 2024 INCOME Donattons and legacies 7,541 7.541 8,612 Charitable aGbvities 183,026 26,673 209,699 244.579 Investment income 4,778 4.778 3,924 TOTAL IIICOME 195,345 26,673 222,018 257,115 EXPENDITURE Charftable aclivltses 185,462 27,441 212,903 219,355 TOTAL EXPENDITURE 185,462 27,441 212,903 219.355 NET INCOMEI(EXPENDITURE) BEFORE TRANSFERS 9,883 (768) 9,115 37,760 Transfers belw88n funds NET MOVEMENT IN FUNDS 9,883 (768) 9,115 37,760 FUND 8ALANCES BROUGHT FORWARD 201,707 1.536 203,243 165,483 FUND BALANCES CARRIED FORWARD 211,590 768 212,358 203,243 The statement of financial activities includes all gains and losse8 rwnised in the year. All income and expenditure deri¥es from continuing acts'vib'es.
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE REGISTERED NUMBER . 05582643 (Company limited by guarantee and not having share capital) BALANCE SHEET AT 31 MARCH 2025 2025 2024 Notes FIXED ASSETS Tangible assets 526 333 CURRENT ASSETS Debtors Cash at bank and in hand 12,601 216,217 228,818 23,085 190,636 213,721 CREDITORS.. amounts falling due wilhin one year {16,986} 110,811) NET CURRENT ASSETS 211.832 202,910 NET ASSETS 212,358 203,243 FUNDS Restricted funds Ger]eral funds 768 211,590 1,536 201,707 TOTAL FUNDS 212.358 203,243 For the financial year ended 31 March 2025, the company was entitled to exemption from audit under section 477 Companies Act 2006,. and no noti has been deposited under section 476. The directors acknowledge their responsibilities for ensuring thai the company keeps accounting records, which comply with section 386. and preparing accounts, which give a twe and fair view of the state of affairs of the company as ai the end of the year and of ils surplus or deficit for the financial year, in accordance with the requirements of section 394 and 395 and which otherwise comply with the requiremen15 of the Companie5 Act 2006 relating lo accaunts, so far as applicable lo the company. The accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating lo small companies. Approved by the Trustees on and signed on their behalf by iolizl2GZs ///• D Goodall Treasurer
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE {Company Itmiied by guarantee and not having share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 1 ACcJNT1NG POLICIES (a) Accounting convention The financial statements hav8 been prepared in accordance with the Finanaal RepofbTh3 Standard applicable in the UK ar Republic of Irnd {FRS 102} effective 1 January 2019. the Accounting and Reporfing by Charities: Statement of Recommended Practice applicable to charibes preparing their accounts in accordance ilh FRS 102 and the Companie5 Act 2006. Southampton Advice and Representation Centre meets the definition of the public benefit entity under FRS 102. Assets and liabilits'e5 a initidly cOgnised at histortcal cost or transadion value unless otheThi5e ststed in the relevant accounting P0CY nole. The accounts have been prepared on the going ¢>Jncem basis. There are no material uncertainties about Ihe charitys atliity to continue. (b) Fund accounting Unrestr'cted funds a availabk for use at the discretion of the trustees in fvrtheran ofthe geral objectives of trE charity. Restricted funds are Subld to restrictions on their expendiiure imposed by the donor. (c) lftcome All inojme is Wuded in the Statement of Financial Activities when the charity is enb'tt&J to the income and the amount can be quantified with Teasonable ac(xracy. The foll0vng speafic pdicies are applied lo ParIlar catsgories of ino)me.' Donations and legacies are received by way of grants, donations, legacies and gifts and is Induded In full In the Statement of Financial Acb'vities when receivable. Grants, when entitlement is not condittonal on the delivery of a specific perfomiance by the tharity, are recognised when the charity becomes unconditionally entiled to grant. Investsnent income is nKluded when receivable. Resources are deferred when, at the end of an accounling period. they have been rerEived the charity has yet to become unconditnallY entiNed to them. (d) Expendibjre Expenditure is r80)gnis&J on an accrual basls as a liabllity Is inuJrfwJ.11 indudes any VAT paid. Costs are app(Ktioned in line *ith Ihe income received from that Sour during the year. Charitable actiwties expenditure comprises of those costs Incurred by the charity in the delivery of its acts'iities and servlces for ts beneficiaries. It includes both costs that can be allocated directly to such acbvib'es and those costs of an indirecl nature necessary to support them. All Costs are allocated between the expendilure categoties of the Statement of Financial Activities on a basis designed to reflect the use of the resourc8. Costs relatsng to a parb'cular ath'vity are allcKated directly.
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limikd by guarantee a1 not hiry share captsl) NOTES TO THE Accoupifs FOR THE YEAR ENDED 31 MARCH 2025 (continued) 1 ACCOUNTING POLICIES (continu&l) lel Fixed assets Flxed assets are capItald for oThJoiry use ithin the company, vk£re the individual cosl of the asset 8XC8eds £100. Depreciatim is pro¥#led on fixed a&sets lo we•J the cost over ts estimated uselul lives of ts reknnt assets at the foSlthbing rates.. Leasehold improvements Office equipment Fumiture and fittings 33% straght li 33% straight lTrne 33% strat liie (Q PSlon costs Contribu05 in reSpt of the companls deffined c¢MtthJtion thme are chaW to the statennt of Flnancial Activities for the year in which they are payable to ts stheme. Diffwences bel lInIlI$ payab and contribull(S actually paid in Ihe year are shown as either acuuais or prepayments al IIK8 ar Igl Basic finaniaal instruments The charitsble company only ente Inlo basic financral tnstrument transaci#)ns that result in the recognition of financial assets and liabilitt8s like trade arml Olher deblots. cash ai bank Cred)rS. These financial iistrumants are measured and transactknn prtce, Flnanual assets liabile5 dassitsd as due ilhin one are not amortised. 2 LEG4L STATUS The charity ts a company limitsd by guaranlee and has no she •1. The thantsble company was incorporated on 4 October 2005 in England Wales and Wds regiSted on 15 Febwary 2006 *ith the Charity Commission li England and Wa18S. The registered ofte of the charitalAe company is 11 POeSt Roaj. W)IS. Southampion, S019 2J8. 10
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limited by guaralltee and not having share capitsl) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 3 INCOME FROM CHARITABLE ACTIVITIES Unrestslcted funds Restrlcted Total funds Total funds fun(ts 2025 2024 Funding contracts and grants: Southampton City Council Southampton Cibzens Adiice svs Hry Smith tharity Alex Fery Foundation The Aixess to Justic8 Foundation Cornmunity Fund Other small grants (Xher income: Training income 106,498 71,728 3,600 106,498 71,728 3,600 105,499 71,728 14,864 35,667 9,902 5,469 6,673 6,673 20,000 20,000 1,200 1,200 950 500 244,579 183,026 26.673 209,699 The restiicted fund grants anatysed above fom part of the relevant funds as detalled in note 9. 4 STAFF COSTS 2025 2024 Wages and salaries Social se(JJrity costs Pension 154,504 8,509 7,727 170,740 156,240 9,542 7,727 173.509 The average number of staff employed during the year was 7 (2024: 6>. No employee received emoluments of £60.000 or more during this year or the piior year. Key management personnel We paid a total of£49,877 {2024.' £49.0821. During the year or Ihe prior year no trustees received any emolumenL were paid any expenses nor were reimbutsed for expenditure inCued on behalf of the charity. Total pension conlributions of £7,727 {2024.' £7,727) were paid by the tharity and are induded in the SOFA The outstanding contributions payable al the end of this year was £506 (2024: £nd).
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limited by guarantee and not haMng share •) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 5 EXPENDITURE R6strtcted Tolal funds Tolal funds nd8 2025 2024 funds Costs dlrecty allo¢atsd to aclvttleB Direct staff costs (see note 41 Staff and volunteer expenses Staff wellare Training and rrUient 170,740 170.740 173.509 839 776 352 175.476 136 171,865 136 171.865 Support costs allocated to acdvttl Rent and rates Utilities aeaning Computsr costs Publicalions and subscripbons Telephone Postage, printing and Ststionery Insurance Maintenance Bank charges Depreciaticii 4.970 1.290 9,676 4,483 14.646 5,773 12,696 6.420 406 10,689 1,432 4,212 2,344 2,308 595 61 167 41,330 1,327 1,069 1.014 672 1.036 1.400 61 347 13,236 4,729 6,056 1,069 4,221 2.410 2,255 1,400 61 347 38,288 3207 1.738 1,219 25,052 Governanu Costs Accountancy and examinal(m fees Quality mark mnitoring fees 361 1,621 1,982 1,793 756 2.549 361 2,389 2,750 185,462 27,441 212,903 219.355 Included Y•ithin accountancy examinations fees atx)ve are amounts due to the independent examiners in relalion b independent examinabon of£1,560 {2024: £1.440) and £422 for other th (2024: £353). 12
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limited by guarantee and nol having thare capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 6 TANGIBLE ASSETS Lea8ehold Office furnlture lrnpmvements & equipment Total COST Al beginning of year Additions Disposals At end of year 40.489 18.061 540 3,588 15,013 58.550 3,588 55,502 40,489 DEPRECIATION At beginning of year Charge for year Eliminated on disposals At end of year 40,489 17.728 347 3,588 14,487 58.217 347 3.588 54,976 40,489 NET BOOK VALUE Al end of year Al beginning of year 526 333 526 333 7 DEBTORS 2025 2024 Prepayments Accrued income Other debtors 2,723 8,833 1,045 12,601 3,453 18,666 23,085 8 CREDITORS: amounts fdling due within one year 2025 2024 Acc81$ and deferred income Other crediiors 15,393 1,593 16,986 10,811 10.811 13
SOUTHAMPTON ADVICE & REPRESEKfATION CENTRE (Company limited by guarantee and not hawrvj ca1) NOTES TO THE ACCOUNTS FOR ThE YEAR ENDED 31 MARCH 2025 (continued) 9 RESTRICTED FUNDS Funds Funds yeared 31 Marth 2025 Incom Expendliure Transfers Henry Smilh grant Alex Ferry Foundation Community Fund (768) (6.673) 20.LH)O 27.441 6.673 26.673 768 Yearded 31 Marth 2024 SVS- S018 Big Henry Smith grant Alex Ferry FoundaiKin The Access to Justice Foundati1 14.864 35.667 9.902 5.469 65.902 (14,864) (32.931) (9,902) 4.969 62,666 (1,200) 1,536 1,700 1.536 Henry Smith Grant This funds the outreach wther post shar4J a(¥oss Ihe Advice sLw1ham Parknw5hip. The £768 fund balance represents fvnding used to pay for the alIty Mark rnmikn'ng fees for Ihe next year. The wior year transfer reFYesents costs accrued in eiryous years as unrestrthd expendilure thtch in realty Wds S1 frThm thts Alex Ferry Foundthn and Communlty Fund This funding enables SARC to continue to run a Ser¥1 same staff eslablishnnt, this funding is ¥itsl &) the running ofthe centre. as this covers part of our ovetsats. SARC has suffered lbad(S in fundin9 over many years, and il is vtsl to continue to find fresh fijnding every ar to enable SARC b conlinue the S19[ of swtce, and filt the shothtl in funding year on year. SVS . S018 819 Loul S018 Big Local commissM)ned grant award to fulty fund an outreach servKe, wovKling Iw) advice sessions per mnth in Townhill Path for the local community. The Access to Justlce Founthtlon This grant supports free legal ad to pmaue the powl n our SOLaety b ftht injuslice and dewivalion. The £500 transfer rgvesenls fixed purchased from Ihe duirKJ Ihe >tar. 14
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (Company limikd by guarantee and not having share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 10 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unreslricted funds Restricted Total fund* funds 2025 Yearend8d 31 Marth 2025 Tangible fixed assets Debtors 8ank and cash Creditors 526 11,833 206,217 6,986 211,590 526 12.601 216,217 16,986 212,358 10,000 10,000 Unre8lrfcted funds Rathct Total fundg funds 2024 Y68rended 31 March 2024 Tangible fixed as88ts Debtors Bank and cash Creditors 333 21,549 183.963 4,138 201,707 333 23,085 190,636 10,811 203,243 1,536 6,673 6,673 1,536 110EFERRED INCOME An element of grant income received by the charity during the year has been deferred as it relates lo later acctyjnting pèriods. The movement in the year is detailed below: Income delerred in year Amounts released from previous year8 Net mvemenl in the Statement of Financial Actlviles 10,000 6,673 3,327 12 REL4TED PARTY TRANSACTIONS There were no related party transactions during this year or the prior year. 13 OPERATING LEASES Al 31 March 2025, the charfty had annual commitsnents under non<ancellatrAe operattng leases for rent of the offica building. This lease is due lo expire on 31 Marth 2029 and the annual commitrnent is £14,250. The total amount payable unlll the of the lease is £57,000 {2024: £71,250). 15
SOUTHAMPTON ADVICE & REPRESENTATION CENTRE (CpanY limited by guarantee and not having share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (continued) 14 PRIOR YEAR STATEMENT ( FINANCIAL ACTIVITIES Ilncluding Inme and Expenditure account} Unrestrkled Restrfctsd Total funds funds funds 2024 INCOME Donations and legacies 8,612 8,612 Charitable actimties 178.677 65.902 244,579 Investrnenl income 3.924 3,924 TOTAL INCOME 191,213 65,902 257,115 EXPENDITURE Charitable acliifjties 156,689 62,666 219.355 TOTAL EXPENDITURE 156.689 61666 219,355 NET INCOMEI(EXPENDITURE) BEFORE TRANSFERS 34,524 3236 37,760 Trdnsfers between funds 1,700 (1,700) NET MOVEMENT IN FUNDS 36,224 1136 37,760 FUND BALANCES BROUGHT FORWARD 165,483 165.483 FUND BALANCES CARRIED FORWARD 201,707 1,536 203243 16