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|Legal and administrative|information|
|---|---|
|Legal structure|The charity is a company limited by guarantee, incorporated in England and<br>Wales|
|Charity Registration No.|1115522|
|Company No.|5866861|
|Chairman|Steven Alderson (Resigned 16 June 2022)|
||Nick Mayo (Appointed 20 June 2022)|
|Board of Trustees||
|- Elected members|Steven Alderson (Resigned 16 June 2022)|
||Stephen Curtis (Resigned 11 August 2022)|
||Leanne Munro (Resigned 11 August 2022)|
||Rhys Jarvis (Resigned 16 June 2022)|
||Roger Guthrie (Appointed 11 April 2022; resigned 5 June 2023)|
||Ed Day (Appointed 11 April 2022)|
||David Verney (Appointed 11 April 2022)|
||Nick Mayo (Appointed 11 April 2022)|
||Craig Fiddaman (Appointed 11 April 2022)|
||Susan Robinson (Appointed 11 April 2022)|
||Richard McLeod (Appointed 20 April 2022)|
||Simon Quantrill (appointed 19 April 2023)|
||Philip Davy (Appointed 5 June 2023)|
|- Council nominees|Tony Cooper (East Suffolk Council)|
||Keith Robinson (Suffolk County Council)|
|Company Secretary|Janet John (Resigned 21 June 2022)|
||Craig Fiddaman (Appointed 21 June 2022)|
|Chief Officer|Janet John (to 21 June 2022)|
||Chiara Saunders (from 21 June 2022)|
|Principal Address and|St Margaret's House|
|Registered Office|Gordon Road|
||Lowestoft|
||Suffolk|
||NR32 10|
|Independent Examiner|Helen Rumsey FCA|
||Ensors Accountants LLP|
||Blyth House|
||Rendham Road|
||Saxmundham|
||Suffolk|
||IP17 IWA|





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|For the year ended 31 March 2023||||||
|---|---|---|---|---|---|
||||||Combined|
|||||Total|Total|
|||Unrestricted|Restricted|Funds|Funds|
|||Funds|Funds|2023|2022|
||||||Note 4|
|Notes||£|£|£|£|
|Income and endowments from||||||
|Donations and legacies|2|418,858|41,845|460,703|463,967|
|Charitable activities|3|98,371|265,870|364,241|543,683|
|Investments||1,895|-|1,895|327|
|Total Income||519,124|307,715|826,839|1,007,976|
|Expenditure on||||||
|Raising funds|||-|-|-|
|Charitable activities: Advice|5|605,821|292,939|898,760|948,529|
|Total expenditure||605,821|292,939|898,760|948,529|
|Net income / (expenditure)||( 86,697)|14,776|( 71,921)|59,448|
|Total Funds brought forward at 1 April 2022||745,779|67,812|813,591|754,143|
|Total Funds carried forward at 31 March 2023||659,082|82,588|741,670|813,591|





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|As at 31 March 2023||||
|---|---|---|---|
||Notes|2023|2022|
|||£|£|
|Fixed Assets||||
|Tangible assets|8|110,516|120,123|
|Current Assets||||
|Short term investments|9|85,019|-|
|Debtors|10|20,841|46,636|
|Cash at bank and in hand||673,850|714,910|
|||779,710|761,546|
|Creditors: amounts falling due within one year|11|( 148,555)|( 68,078)|
|Net Current Assets||631,155|693,468|
|Net Assets||741,670|813,591|
|Funds||||
|Restricted Funds|12|82,588|67,812|
|Unrestricted Funds|13|||
|Designated Funds||210,516|250,123|
|General Charitable Funds||448,566|495,656|
|Total Funds||741,670|813,591|






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|For the year ended 31 March 2023||||
|---|---|---|---|
||Notes|2023|2022|
|||£|£|
|Cash flows from operating activities||||
|Cash (utilised by)/generated from operations||43,959|91,102|
|Loan repayment deducted from funding||||
|Net cash provided by operating activities||43,959|91,102|
|Cash flows from investing activities||||
|Purchase of tangible fixed assets||-|-|
|Increase in short term investments||( 85,019)|-|
|Net cash used in investing activities||( 85,019)|-|
|Change in cash and cash equivalents in the year||( 41,060)|91,102|
|Cashandcash equivalents at 1 April 2022||714,910|623,808|
|Cash and cash equivalents at 31 March 2023|14|673,850|714,910|
|Reconciliationof cash flows from operating activities||||
|Net income for the year (as per statement of financial|activities)|( 71,921)|59,448|
|Depreciation||9,607|14,164|
|(Increase)/decrease in debtors||25,795|5,832|
|lncrease/(decrease) in creditors||80,478|11,658|
|Net cash provided by operating activities|(see above)|43,959|91,102|





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|Freehold property|2% on cost|
|---|---|
|Improvements to property|10% on cost|
|Fixtures & furniture|20% on cost|



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||Unrestricted|Restricted|||
|---|---|---|---|---|
||Funds|Funds|2023|2022|
||£|£|£|£|
|Parish & Town Councils|12,345|1,995|14,340|25,373|
|Individuals, Charitable bodies and other|10,855|18,600|29,455|98,123|
|Donations|23,200|20,595|43,795|123,496|
|East Suffolk Council|227,100||227,100|215,540|
|Suffolk County Council|152,406|10,000|162,406|108,982|
|L D Rope Charitable Trust|-|8,895|8,895|15,000|
|Hopestead|10,000|-|10,000|-|
|Other|-|2,355|2,355|-|
|Grants Receivable|389,506|21,250|410,757|339,522|
|Other|6,152||6,152|949|
|Total donations and similar income|418,858|41,845|460,704|463,968|





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||Unrestricted|Restricted|||
|---|---|---|---|---|
||Funds|Funds|2023|2022|
||£|£|£|£|
|Fundraising events|-|-|-|-|
|Money Advice Service|-|108,466|108,466|143,629|
|Help to Claim|-|-|-|83,471|
|Solutions|-|136,582|136,582|136,578|
|East Suffolk Council - Housing|18,500|-|18,500|18,500|
|Suffolk County Council - SASS|31,250|-|31,250|68,357|
|James Paget Hospital - The Big C|4,921|-|4,921|6,630|
|Community Connectors|-|12,872|12,872|51,490|
|East Suffolk Council - Budgeting|-|-|-|3,028|
|Money Advice and Budgeting - L D Rope|43,700|-|43,700|32,000|
|Lowestoft Food Bank|-|7,949|7,949|-|
|Service Level Agreements|98,371|265,870|364,241|543,683|
|Total charitable activities|98,371|265,870|364,241|543,683|





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|||||Total|
|---|---|---|---|---|
||Unrestricted||Restricted|Funds|
||Funds||Funds|2022|
||£||£|£|
|Income from|||||
|Donations and legacies|375,391||88,576|463,967|
|Charitable activities|93,487||450,196|543,683|
|Investment|327||-|327|
|Total Incoming Resources|469,205||538,772|1,007,977|
|Resources Expended|||||
|Costs of generating funds|||||
|Charitable activities: Support|409,074||539,455|948,529|
|Total Resources Expended|409,074||539,455|948,529|
|Net Incoming Resources for theperiod|60,131|(|683)|59,448|
|Total Funds brought forward at1 April 2021|685,648||68,495|754,143|
|Total Funds carried forward at 31 March 2022|745,779||67,812|813,591|



## 

||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||Funds|Funds|2023|2022|
||£|£|£|£|
|Staff costs|400,712|237,487|638,199|672,833|
|Travel expenses|9,169||9,169|4,965|
|Printing, postage and stationery|13,062||13,062|12,553|
|Telephone|22,762||22,762|16,492|
|Information systems|27,896||27,896|8,804|
|Training|1,871||1,871|2,676|
|Hardship payments|6,336|17,755|24,091|81,452|
|Overheads allocated to projects|( 37,697)|37,697||-|
|Managementand administration (Note 6)|161,710|-|161,710|148,754|
||605,821|292,939|898,760|948,529|





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||2023|2022|
|---|---|---|
||£|£|
|Rent, rates, power and cleaning|115,587|92,916|
|Technical support|11,318|13,364|
|Insurance|7,806|9,468|
|Professional fees|10,918|5,703|
|Depreciation|9,607|12,387|
|Depreciation - policy standardisation|-|3,196|
|Other|6,474|11,720|
||161,710|148,754|



|The cost of staff was|||
|---|---|---|
||2023|2022|
||£|£|
|Wages and salaries|592,816|630,472|
|Social security costs|36,432|29,533|
|Pension costs|8,951|12,827|
||638,199|672,833|





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|8|Tangible Fixed Assets|||||
|---|---|---|---|---|---|
|||||Fixtures||
|||Freehold|Property|furniture|Total|
|||property|improvements|&IT||
|||£|£|£|£|
||Cost|||||
||Asat 1 April 2022|101,472|36,643|171,450|309,565|
||Additions|-|-|-|-|
||Disposals|-|-|-|-|
||As at 31 March 2023|101,472|36,643|171,450|309,565|
||Depreciation|||||
||As at1 April 2022|8,569|19,224|161,650|189,443|
||Charge for the year|2,030|3,664|3,913|9,607|
||Disposals|-|-|-|-|
||Asat31 March 2023|10,599|22,888|165,563|199,050|
||Net Book Value|||||
||As at 31 March 2023|90,873|13,755|5,888|110,516|
||As at31 March 2022|92,903|17,419|9,801|120,123|
|9|Short term investments|||||
|||||2023|2022|
|||||£|£|
||Bank deposits (lessthantwo years to maturity)|||85,019|-|
|||||85,019|-|
|10|Debtors|||||
|||||2023|2022|
|||||£|£|
||Other debtors|||-|22,142|
||Prepayments and accrued income|||20,841|24,494|
|||||20,841|46,636|





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|Creditors: amounts falling due within one year|||
|---|---|---|
||2023|2022|
||£|£|
|Accruals|98,555|61,878|
|Deferred income|50,000|6,200|
||148,555|68,078|



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|Restricted funds||||||
|---|---|---|---|---|---|
||At 1 April||||At 31 March|
||2022|Income|Expenditure|Transfers|2023|
||£|£|£|£|£|
|Money Advice Service|-|108,466|107,725|-|741|
|Help to Claim|-|-||-||
|Solutions|23,589|136,582|145,588|-|14,583|
|Client funding|29,399|41,845|24,091|-|47,153|
|Other|14,824|20,822|15,535|-|20,111|
||67,812|307,715|292,939|-|82,588|
||At 1 April||||At 31 March|
||2021|Income|Expenditure|Transfers|2022|
||£|£|£|£|£|
|Money Advice Service|2,395|99,199|101,594|-|-|
|MAPS|-|23,210|23,210|-|-|
|Help to Claim|703|83,471|84,174|-|-|
|Community Connectors|629|51,490|52,119|-|-|
|Solutions|19,111|136,578|132,100|-|23,589|
|Client funding|25,849|144,824|141,274|-|29,399|
|Other|19,808||4,984|-|14,824|
||68,495|538,772|539,455|-|67,812|





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|Unrestricted funds||||||||
|---|---|---|---|---|---|---|---|
||At 1 April||||||At 31 March|
||2022|Income|Expenditure|||Transfers|2023|
||£|£||£||£|£|
|Designated funds||||||||
|Contractual commitments|98,500||||(|48,500)|50,000|
|Premises|10,500|||||39,500|50,000|
|Property reserve|120,123||||(|9,607)|110,516|
|Co vid|11,000||||(|11,000)|-|
|Development|10,000||||(|10,000)|-|
|General charitable funds|495,656|519,124|(|605,820)||39,607|448,567|
||745,779|519,124|(|605,820)||-|659,083|
||At 1 April||||||At 31 March|
||2021|Income|Expenditure|||Transfers|2022|
||£|£||£||£|£|
|Designated funds||||||||
|Contractual commitments|98,500||||||98,500|
|Premises|9,500|||||1,000|10,500|
|Property reserve|( 9,561)|||||129,684|120,123|
|Covid|22,000||||(|11,000)|11,000|
|Development|10,000||||||10,000|
|General charitable funds|555,209|469,205|(|409,074)|(|119,684)|495,656|
||685,648|469,205|(|409,074)||-|745,779|





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|13|Analysis of net assets between funds|||||
|---|---|---|---|---|---|
|||Tangible|Net|||
|||Fixed|Current|2023|2022|
|||Assets|Assets|Total|Total|
|||£|£|£|£|
||Restricted funds|-|82,588|82,588|67,812|
||Designated funds|110,516|100,000|210,516|250,123|
||General funds|-|448,567|448,567|495,656|
|||110,516|631,155|741,670|813,591|
|||Tangible|Net|||
|||Fixed|Current|2022|2021|
|||Assets|Assets|Total|Total|
|||£|£|£|£|
||Restricted funds|-|67,812|67,812|68,495|
||Designated funds|120,123|130,000|250,123|144,877|
||General funds|-|495,656|495,656|540,771|
|||120,123|693,468|813,591|754,143|
|14|Analysis of cash and cash equivalents|||2023|2022|
|||||£|£|
||Cash in hand|||306|276|
||Bank current account|||102,261|624,496|
||Bank deposit (immediate access)|||400,873|90,138|
||Bank deposit (access within three months)|||170,411|-|
||Total cash and cash equivalents|||673,850|714,910|





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||Felixstowe|Leiston|CANES|CAES|
|---|---|---|---|---|
||31 Mar 22|31 Mar 22|31 Mar 22|1 Apr 22|
||£|£|£|£|
|Total incoming resources|229,785|213,529|564,662|1,007,976|
|Total resources expended|203,546|206,881|534,905|945,333|
|Depreciation - policy standardisation||||3,196|
|Surplus/(deficit) for the year|26,239|6,648|29,757|59,448|
|Funds brought forward at 1 April 2021|193,649|221,892|349,844|765,385|
|Depreciation - policy standardisation - prior yrs||||( 11,242)|
|Funds carried forward at31 March 2022|219,888|228,540|379,601|813,591|



|||Felixstowe|Leiston|CANES||CAES|
|---|---|---|---|---|---|---|
|||31 Mar 22|31 Mar 22|31 Mar 22||l Apr 22|
|||£|£|£||£|
|Net assets (before fixed asset adjustments)|•|219,888|228,540|379,601||828,029|
|Depreciation - policy standardisation|||||(|14,438)|
|||219,888|228,540|379,601||813,591|
|Restricted funds||8,591|18,271|40,950||67,812|
|Unrestricted funds||211,297|210,269|338,651||760,217|
||||||(|14,438)|
|Total funds||219,888|228,540|379,601||813,591|





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