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← Swindon And District Citizens Advice Bureau

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 4141854 (England and Wales)

REGISTERED CHARITY NUMBER: 1115564

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Swindon & District Citizens Advice Bureau

Page
Report of the Trustees 1 to 12
Independent Examiner's Report 13
Statement of Financial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 25
Detailed Statement of Financial Activities 26 to 27

Swindon & District Citizens Advice Bureau Report of the Trustees for the Year Ended 31 March 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

4141854 (England and Wales)

Registered Charity number 1115564

Registered office

Sanford House Sanford Street Swindon Wiltshire SN1 1QH Trustees M Box Chair S Warren Vice Chair J Bassi Singh A Bennett (resigned March 25) A Churchill (Co-opted April 25) C Davies (Co-opted July 25) C Gannicott (resigned March 25) P Gilvin (resigned August 24) D Langley Company Secretary C Newport Senior Leadership Team Claire Newport – Chief Executive Claire Salvage – Advice Service Manager Lucija MacIntosh – Training & Quality Manager Independent Examiner Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA Advisers Bankers Lloyds Bank PLC Swindon Wiltshire CCLA St Alphanage House 2 Fore Street London

1

REPORT OF THE TRUSTEES

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025.

Chair's Foreword

On behalf of the Board of Trustees, I am pleased to present the Annual Report and financial statements for Swindon & District Citizens Advice Bureau (CAS) for the year ended 31 March 2025.

This year has been defined by two major forces: a relentless rise in demand for our services, driven by the cost of living crisis and economic uncertainty, and a significant shift in our funding landscape. Our community needs us now more than ever, seeking advice on everything from housing and benefits to complex debt and employment issues.

Despite these challenges, I am immensely proud of our staff and dedicated volunteer teams. Through their professionalism and commitment, we delivered high-quality, free, and impartial advice, helping the people of Swindon and the surrounding district manage crises and rebuild their futures.

Crucially, CAS successfully adapted to fluctuating income by pursuing diversification, resulting in record growth in both service contracts and grant income. This adaptive strength ensures the sustainability and resilience of our organisation for the years ahead. We remain fundamentally committed to being an honest, stable, and essential resource for every resident who walks through our doors.

M Box Chair of the Board of Trustees

2

Structure, Governance and Management

Governing Document and Legal Status

Swindon & District Citizens Advice Bureau (also known as Citizens Advice Swindon) is constituted as a charitable company limited by guarantee, incorporated under the Companies Act 2006 (Company Registration No: 4141854). The charity is governed by its Memorandum of Association, which establishes its charitable objects and powers, and its Articles of Association, which detail its operational governance. All trustees are members of the company and agree to contribute a guarantee of £1 in the event of the company being wound up. None of the trustees has any beneficial interest in the company.

Affiliation and Quality Assurance

The organisation is a member of the National Association of Citizens Advice Bureaux (Citizens Advice). As the national membership body, Citizens Advice formally audits and monitors the quality and management processes within the local office, ensuring consistency and adherence to the national standards framework.

Recruitment and Appointment of Trustees

The Board aims to ensure that the needs of our clients are appropriately reflected through the diversity of the trustee board, and actively seeks to identify potential new trustees relevant to the nature of its work. A broad range of skills and expertise are represented, including Business, the Voluntary Sector, Local Government, and financial services. The Management Committee undertakes an annual skills audit which enables the identification of training opportunities and any skills gaps.

Where gaps are identified, individuals may be approached for co-option mid-year. The Board acknowledges the Good Governance Code recommending trustees usually serve no more than nine years. If the loss of a trustee’s skillset or knowledge would be detrimental to the organisation, they may be asked to stay on following a thorough review of need and contribution. The Trustees successfully co-opted two new trustees from the beginning of 2025/2026 with knowledge of operational management and communications. Active recruitment will continue throughout 2025/2026, targeting specialist legal knowledge and fundraising expertise, as well as focusing on recruiting within under-represented communities.

Trustee Induction and Training

All new Trustees undergo a comprehensive induction period. This includes being briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, attending Trustee Board meetings, meeting with the Chief Executive and Chair of Trustees, and shadowing advice sessions to understand service delivery. Annual training records are maintained for all trustees, documenting relevant training undertaken both internally and externally.

Organisational Structure and Management Delegation

The strategic direction and policy of Swindon & District Citizens Advice Bureau are managed by the Board of Trustees, currently comprising six trustees, who meet a minimum of six times per year. The Senior Management Team and a representative of the Volunteers attend board meetings (other than for 'Confidential' agenda items), and all are encouraged to participate in discussions.

3

The Trustees delegate the day-to-day responsibility for the strategic, financial, and operational management of the service, including supervision of the management team, to the Chief Executive.

Risk Management and Information Assurance

The Trustees review the charity's main risks as part of the annual business planning process, maintaining a Risk Register throughout the year to ensure appropriate controls provide reasonable mitigation. Risk categories reviewed include: (i) Finance (ii) Governance (iii) Management (iv) Staffing (v) Service Delivery (vi) Stakeholder relationships (vii) ICT/Systems (viii) EDI (ix) Information assurance

Key Risks and Mitigating Actions:

Key Risk Mitigation Strategy
Financial Volatility(Reliance on
core public funding;
recommissioning of key contracts
like MAPS/Macmillan)		 Prioritise influencing funders, seek new opportunities, and build
reserves to manage short-term funding gaps. Monitor all funding
agreements closely.
Service Delivery Capacity
(Increasing demand; flat core
contract funding)		 Seek complementary funding to supplement core delivery.
Prioritise growing adviser and caseworker capacity through
trainingand retention efforts.
Workforce Retention(Ability to
paycompetitive salaries)		 Review the employment offer and look at alternative ways to
reward and retain skilled staff and volunteers.
Reputational Damage / Data
Loss(Handling of sensitive
information)		 Policies are regularly reviewed and communicated. All staff
undertake annual Data Protection training. The Information
Assurance Management Team oversees data security compliance
with GDPR and the Data Protection Act 2018, holding joint
responsibility for client data with the national Citizens Advice
Service.

The external environment poses additional risk from increased competition within the VCSE marketplace and uncertainty regarding the impact of political developments on budgets.

All policies and procedures are regularly reviewed. Comprehensive pre-engagement checks (including DBS where appropriate, references, and induction) are conducted for all prospective employees to safeguard beneficiaries and staff.

Public Benefit

The Trustees, who are also the Directors under company law, confirm they have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties.

The provision of free, confidential, impartial, and independent advice directly delivers benefit to the public by advancing education, protecting and preserving health, and relieving poverty, sickness, and distress within Swindon and the surrounding areas. Our activities transform the lives of individuals, resulting in clear public benefit through:

4

Objectives and Activities

Charitable Objects, Core Aims, and Values

The formal objects of the Charity are to promote any charitable purpose for the public benefit by the advancement of education, the protection and preservation of health and the relief of poverty, sickness and distress, particularly for the community in Swindon and surrounding areas.

Our core aims are twofold:

  1. To provide the advice people need for the problems they face.

  2. To improve the policies and practices that affect their lives.

We achieve this through the provision of free, confidential, impartial, and independent advice to anybody who needs us, promoting diversity, equality, and challenging discrimination.

The work is underpinned by our core Values: We are an inclusive and person-centered organisation that is responsive to the needs of our clients, staff, volunteers, and partners. We are committed to working in a way that promotes respect, dignity, and equality for all.

Strategic Priorities

We operate at the heart of the local voluntary sector, aiming to lead in advice provision. We use our local knowledge to campaign on big issues, ensuring our work helps everyone—not just those we support directly.

We continually strive to properly understand and adapt our service to fit the needs of our communities in Swindon. This is particularly challenging as the financial climate is uncertain for both the voluntary sector and our clients. Managing expectations is paramount to the successful delivery of our service to the most vulnerable in society, especially as funders face difficult spending decisions that may impact the availability of support.

Review of the Year: Achievements and Performance

5

Through the hard work and commitment of our 32 paid staff and 55 dedicated volunteers , we significantly expanded our reach and impact across the community in 2024/2025. Our multi-channel service delivery (phone, email, and in-person) ensures advice is accessible to all.

Operational Reach and Core Activity

Our service provides holistic advice across a wide range of topics, ensuring we address the root cause of client problems. Key areas of advice include:

Our main charitable activities encompass the provision of general advice, specialist casework in debt, welfare benefits, and energy, and our Financial Wellbeing service, which focuses on income maximisation, budgeting, and energy advice to individuals and community groups.

Specialist Projects and Commissioned Work (2024/2025):

This year saw robust delivery across our specialist projects, funded by key partners:

We continued to develop strong partnerships with both statutory and voluntary sector agencies to help meet the rising demand for advice and ensure effective client referral pathways.

Statistical Impact and Client Profile

Demand for our services increased significantly, demonstrating our vital role during the continuing cost-of-living crisis:

6

Metric **2024/2025 ** **2023/2024 ** Change
People Advised 9,118 8,371 +9%
Case Activities 41,512 38,918 +7%
Issues Dealt With 43,751 36,415 +20%

Our most common enquiry areas were Welfare Benefits and Tax Credits and Debt Advice , accounting for 40% of all issues raised.

Key Financial Outcomes for Clients:

The direct financial relief we provided to the Swindon community was substantial:

Client Demographics:

Our service reached those most in need within the local community:

A comparison with the general population of Swindon confirms that the clients we help are significantly more likely to: live on a low income, be disabled or have a long-term health condition, be from diverse backgrounds, be at risk of fuel poverty, live in rented accommodation, be economically inactive, and live in areas with higher levels of disadvantage or deprivation.

The Impact We Made in 2024/25

While it is impossible to quantify every action we take, we have used robust, Treasury-approved models to measure the financial and social value generated by our service, alongside the direct financial benefits delivered to our clients.

Return on Investment (ROI): For every £1 invested in our service in 2024/2025, we generated:

The total value generated for clients this year is estimated at £13,542,927 .

7

appropriate benefits (reducing payments for out-of-work benefits), and alleviating stress (reducing demand on the NHS).

It is estimated that we saved local and national government over £3,225,426 this year.

The total public value for this year is estimated at £20,138,052 .

Our Value to Individuals

We know that problems rarely happen in isolation and can have severe consequences, particularly for health and mental wellbeing. By providing holistic support, we stop situations from escalating and help people regain control of their lives. After receiving our advice, clients report significant improvements:

Our Value to the Community

If left unsolved, problems impact not only individuals but also the wider community. By helping to solve these issues, our work creates considerable value to society. Furthermore, our unique insight into the everyday challenges faced by local people enables us to advocate for changes to national and local government policy, as well as industry practices, to make things better for everyone.

Contribution of our Volunteers

8

Our dedicated team of volunteers are the lifeblood of the organisation. The value of volunteering in terms of activities and improved outcomes is quantified below.

Value of activities and improved outcomes to stakeholders Value (£)
Volunteers 75,862
Local Citizens Advice office 377,364
Economy 78,314
NHS 30,071
TOTAL 561,611

Financial Review

We have continued to focus on ensuring sound financial management and sustainable decisionmaking to deliver our strategic objectives and those of our funders. We work hard to deliver a costeffective service that meets the needs of our local communities. This has continued to be a challenge as demand for our service outstrips supply.

The Trustees are acutely aware that the external commissioning environment could result in a reduction in funding in 2026 and beyond, so contingency planning is currently taking place. Scenario planning is being undertaken to ensure the charity has financial resilience built into its future model.

In this reporting period, the charity achieved a surplus of £73,748. However, this surplus is held in restricted funds, relating mainly to savings from unfilled posts, and will be carried forward to next year to ensure the continuation of existing service delivery.

9

At the year end, the charity's total funds stand at £769,236, of which £316,510 is restricted and £452,726 is unrestricted. Of the unrestricted funds, £117,942 has been allocated for contingencies should the need arise (e.g., contractual commitments).

Gratitude to Our Funders

The Trustees extend our deepest gratitude to all of our dedicated funders. Without your partnership and commitment, the scale of our impact and the quality of our service would not be possible.

Investment Policy and Objectives

The service's excess funds have historically been held in the COIF Charities Deposit Fund. The current account is regularly reviewed, and any funds not needed in the short term are invested in the COIF fund, consistent with the Trustees' duty to ensure prudent management of charitable assets.

Reserves Policy

This reserves policy is monitored and reviewed by the Trustees annually.

The Trustees have determined to retain 3 months of operating costs in reserves to meet unexpected events (such as a significant loss of funding). The amount of reserves is calculated from the annual budget and currently amounts to £238,687.

The calculation of reserves is after designating funds for the following purposes:

10

These funds come from restricted reserves accrued through savings made in previous years. We have designated £159,451 for this fund in 2025/26. This will be reviewed throughout the year as we seek ways to make the core service more efficient and financially sustainable.

Restricted Reserves Funds that are restricted by the donor or funder are listed within the accounts and cannot be used for the general purposes of the charity. Their existence, and the sums of money therein, do not imply that there has been an underspend but may result from a variety of circumstances, including timing differences between the organisation's financial year and the funding year of the project concerned.

Future Plans

The Trustees have agreed priorities for 2025/26 in line with the following strategic objectives:

Advice

Advocacy

Culture

Organisational Health

11

The Board is confident that Swindon & District CAB is well-positioned, both financially and operationally, to meet the complex needs of the community in the coming year.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 17[th] November 2025 and signed on the board's behalf by:

M Box - Chair

12

Independent Examiner's Report to the Trustees of Swindon and District Citizens Advice Bureau

Independent examiner's report to the trustees of Swindon and District Citizens Advice Bureau ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Christopher Vaughan The Institute of Chartered Accountants in England and Wales

Chris Vaughan Accountants 195 Ermin Street Swindon Wiltshire SN3 4NA

17th November 2025

13

Swindon and District Citizens Advice Bureau

Statement of Financial Activities for the Year Ended 31 March 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
2,658
Other trading activities
3
-
Investment income
4
7,619
Other income
2,619
Total
12,896
EXPENDITURE ON
Charitable activities
5
Advice Services
3,711
NET INCOME
9,185
Transfers between funds
15
6,914
Net movement in funds
16,099
RECONCILIATION OF FUNDS
Total funds brought forward
436,627
TOTAL FUNDS CARRIED FORWARD
452,726		 Restricted
funds
£
930,646
14,377
-
2,797
947,820
883,257
64,563
(6,914)
57,649
258,861
316,510		 31.3.25
Total
funds
£
933,304
14,377
7,619
5,416
960,716
886,968
73,748
-
73,748
695,488
769,236		 31.3.24
Total
funds
£
955,127
4,761
7,130
1,191
968,209
907,679
60,530
-
60,530
634,958
695,488

14

Swindon and District Citizens Advice

Bureau

Balance Sheet

31 March 2025

Unrestricted
funds
Notes
£
CURRENT ASSETS
Debtors
12
-
Cash at bank and in hand
452,726
452,726
CREDITORS
Amounts falling due within one year
13
-
NET CURRENT ASSETS
452,726
TOTAL ASSETS LESS CURRENT
LIABILITIES
452,726
NET ASSETS
452,726
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
333,587
333,587
(17,077)
316,510
316,510
316,510		 31.3.25
Total
funds
£
-
786,313
786,313
(17,077)
769,236
769,236
769,236
452,726
316,510
769,236		 31.3.24
Total
funds
£
150,341
647,651
797,992
(102,504)
695,488
695,488
695,488
436,627
258,861
695,488

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 17th November 2025 and were signed on its behalf by:

15

M Box - Chair 16

Swindon and District Citizens Advice Bureau

Cash Flow Statement
for the Year Ended 31
March
2025
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end of
the reporting period
2		 31.3.25
£
192,195
192,195
7,619
7,619
199,814
586,499
786,313		 31.3.24
£
(171,998)
(171,998)
7,130
7,130
(164,868)
751,367
586,499

17

Swindon and District Citizens Advice

Bureau

Notes to the Cash Flow Statement for the Year Ended 31 March 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Interest received
Decrease/(increase) in debtors
Decrease in creditors
Net cash provided by/(used in) operations
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
Total cash and cash equivalents		 31.3.25
£
73,748
(7,619)
150,341
(24,275)
192,195
31.3.25
£
54
786,259
-
786,313		 31.3.24
£
60,530
(7,130)
(83,042)
(142,356)
(171,998)
31.3.24
£
16
647,635
(61,152)
586,499

2. ANALYSIS OF CASH AND CASH EQUIVALENTS

3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank and in hand 647,651 138,662 786,313
Bank overdraft (61,152) 61,152 -
586,499 199,814 786,313
Total 586,499 199,814 786,313

18

Swindon and District Citizens Advice Bureau

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Allocation and apportionment of costs

All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. floor areas, per capita or estimated usage.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 33% on cost Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

19

Swindon and District Citizens Advice

Bureau

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

2.
DONATIONS AND LEGACIES
Donations
Grants
Service contracts
Grants received, included in the above, are as follows:
Other grants
3.
OTHER TRADING ACTIVITIES
Sales
4.
INVESTMENT INCOME
Deposit account interest
5.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Advice Services
752,764
6.
GRANTS PAYABLE
Advice Services
7.
SUPPORT COSTS
Information
Management
technology
20		 31.3.25
£
2,658
680,540
250,106
933,304
31.3.25
£
680,540
31.3.25
£
14,377
31.3.25
£
7,619
Grant
funding of
activities
Support
(see note
costs (see
6)
note 7)
£
£
36,134
98,070
31.3.25
£
36,134
Governance
Other
costs		 31.3.24
£
114
833,046
121,967
955,127
31.3.24
£
833,046
31.3.24
£
4,761
31.3.24
£
7,130
Totals
£
886,968
31.3.24
£
53,132
Totals

£ 45,917

£

£

£

£ 2,646

Advice Services

7,592

41,915

98,070

21

Swindon and District Citizens Advice Bureau

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

9. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Advice Workers
Administration		 31.3.25
£
684,890
51,363
31,698
767,951
31.3.25
24
2
26		 31.3.24
£
680,510
57,160
33,788
771,458
31.3.24
32
2
34

No employees received emoluments in excess of £60,000.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
114
Other trading activities
-
Investment income
7,130
Other income
-
Total
7,244
EXPENDITURE ON
Charitable activities
Advice Services
(9,505)
NET INCOME
16,749
Transfers between funds
17,600		 Restricted
funds
£
955,013
4,761
-
1,191
960,965
917,184
43,781
(17,600)		 Total
funds
£
955,127
4,761
7,130
1,191
968,209
907,679
60,530
-

22

Swindon and District Citizens Advice Bureau

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
Net movement in funds
34,349
RECONCILIATION OF FUNDS
Total funds brought forward
402,278
TOTAL FUNDS CARRIED FORWARD
436,627
11.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 April 2024 and 31 March 2025
6,221
DEPRECIATION
At 1 April 2024 and 31 March 2025
6,221
NET BOOK VALUE
At 31 March 2025
-
At 31 March 2024
-
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments and accrued income
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 14)
Trade creditors
Social security and other taxes
Accrued expenses		 - continued
Restricted
funds
£
26,181
232,680
258,861
Computer
equipment
£
5,264
5,264
-
-
31.3.25
£
-
31.3.25
£
-
-
75
17,002
17,077		 Total
funds
£
60,530
634,958
695,488
Totals
£
11,485
11,485
-
-
31.3.24
£
150,341
31.3.24
£
61,152
6,016
18,291
17,045
102,504

23

Swindon and District Citizens Advice

Bureau

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

14. LOANS

An analysis of the maturity of loans is given below:

Amounts falling due within one year on demand:
Bank overdrafts
15.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated Funds
Restricted funds
Masdap
Macmillan
Energy Best Deal
Others
Swindon Borough Council
Thames Water
AFFA
British Gas
TOTAL FUNDS
Net movement in funds, included in the above are
Unrestricted funds
General fund
Restricted funds
Masdap
Macmillan
Energy Best Deal
Others
Swindon Borough Council
AFFA
British Gas		 At 1.4.24
£
321,406
115,221
436,627
41,908
(10,331)
48,612
81,746
58,168
5,820
14,856
18,082
258,861
695,488
as follows:		 Net
movement
in funds
£
9,185
-
9,185
2,982
10,476
9,611
(12,495)
49,446
-
(1,359)
5,902
64,563
73,748
Incoming
resources
£
12,896
57,735
122,410
32,563
117,861
426,591
54,925
135,735		 31.3.25
31.3.24
£
£
-
61,152
Transfers
between
At
funds
31.3.25
£
£
4,193
334,784
2,721
117,942
6,914
452,726
-
44,890
-
145
-
58,223
(1,094)
68,157
-
107,614
(5,820)
-
-
13,497
-
23,984
(6,914)
316,510
-
769,236
Resources
Movement
expended
in funds
£
£
(3,711)
9,185
(54,753)
2,982
(111,934)
10,476
(22,952)
9,611
(130,356)
(12,495)
(377,145)
49,446
(56,284)
(1,359)
(129,833)
5,902

25

TOTAL FUNDS 947,820
960
,716		 (883,257)
(886
,968		 64,563
73
,748

26

Swindon and District Citizens Advice

Bureau

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Designated Funds
Restricted funds
Masdap
Macmillan
Energy Best Deal
East Swindon
Others
Swindon Borough Council
Thames Water
AFFA
British Gas
TOTAL FUNDS		 At 1.4.23
£
287,057
115,221
402,278
43,923
-
31,815
-
77,558
61,977
2,871
14,536
-
232,680
634,958		 Net
movement
in funds
£
16,749
-
16,749
(2,015)
(10,331)
16,797
100
28,800
(3,809)
2,949
320
10,970
43,781
60,530		 Transfers
between
funds
£
17,600
-
17,600
-
-
-
(100)
(24,612)
-
-
-
7,112
(17,600)
-		 At
31.3.24
£
321,406
115,221
436,627
41,908
(10,331)
48,612
-
81,746
58,168
5,820
14,856
18,082
258,861
695,488

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Masdap
Macmillan
Energy Best Deal
East Swindon
Others
Swindon Borough Council
Thames Water
AFFA
British Gas		 Incoming
resources
£
7,244
55,901
94,579
35,544
-
163,962
421,816
8,500
63,642
117,021
960,965		 Resources
Movement
expended
in funds
£
£
9,505
16,749
(57,916)
(2,015)
(104,910)
(10,331)
(18,747)
16,797
100
100
(135,162)
28,800
(425,625)
(3,809)
(5,551)
2,949
(63,322)
320
(106,051)
10,970
(917,184)
43,781

27

TOTAL FUNDS 968,209 (907.679) 60,530 28

Swindon and District Citizens Advice Bureau

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated Funds
Restricted funds
Masdap
Macmillan
Energy Best Deal
East Swindon
Others
Swindon Borough Council
Thames Water
AFFA
British Gas
TOTAL FUNDS		 At 1.4.23
£
287,057
115,221
402,278
43,923
-
31,815
-
77,558
61,977
2,871
14,536
-
232,680
634,958		 Net
movement
in funds
£
25,934
-
25,934
967
145
26,408
100
16,305
45,637
2,949
(1,039)
16,872
108,344
134,278		 Transfers
between
funds
£
21,793
2,721
24,514
-
-
-
(100)
(25,706)
-
(5,820)
-
7,112
(24,514)
-		 At
31.3.25
£
334,784
117,942
452,726
44,890
145
58,223
-
68,157
107,614
-
13,497
23,984
316,510
769,236

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Masdap
Macmillan
Energy Best Deal
East Swindon
Others
Swindon Borough Council
Thames Water
AFFA
British Gas		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
20,140
5,794
25,934
113,636
(112,669)
967
216,989
(216,844)
145
68,107
(41,699)
26,408
-
100
100
281,823
(265,518)
16,305
848,407
(802,770)
45,637
8,500
(5,551)
2,949
118,567
(119,606)
(1,039)
252,756
(235,884)
16,872
1,908,785
(1,800,441)
108,344

29

TOTAL FUNDS 1,928.925 (1.794,647) 134,278 30

Swindon and District Citizens Advice Bureau

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

17. RESTRICTED FUNDS

The charity's restricted funds have the following purposes: (i) MASDAP Face to Face debt case work. (ii) Swindon Borough Council This fund comprises a service contract with Swindon Borough Council for the provision of the bureau's services. This covers the costs of staff and running costs in connection with the operation of the bureau. (iii) Outreaches Resources provided to finance advice points in North Swindon and East Swindon, carrying out the same functions as the main branch. (iv) Macmillan Fund utilised to provide advice to cancer sufferers and their families. (v) Energy Best Deal Grant to fund talks on energy and switching energy suppliers etc.. (vi) AFFA Funds received for the provision of budget and income maximisation advice. (vii) Other Smaller funds to provide advice to people affected by MS, Sovereign Housing tenants and the administration of Pension Wise appointments in Swindon. Funds are also provided for: - multidisciplinary work with the health service;; - advice regarding benefits availability in connection with winter costs; - assistance with paying debt relief orders for eligible clients;and - budgeting advice.

18. DESIGNATED FUNDS

The charity's designated funds have the following purpose: Redundancy liabilities

19. DEPRECIATION

Expenditure on fixed assets amounting to less than £1000 per item is not capitalised.

20. CONTROL

The charity is controlled by its trustees who are named on page 6. No individual exercises overall control.

31

Swindon and District Citizens Advice Bureau

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

31.3.25 31.3.24 £ £

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Service contracts
Other trading activities
Sales
Investment income
Deposit account interest
Other income
Other income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Volunteer expenses
Publicity and promotion
Clients' insolvency fees
Grants to institutions
Support costs
Management
Wages
Telephone
Postage and stationery
Legal and professional fees
Information technology
Computers and IT Equipment
Other
Insurance
Sundries
Carried forward		 2,658
680,540
250,106
933,304
14,377
7,619
5,416
960,716
658,457
51,363
31,698
6,336
1,600
3,310
36,134
788,898
26,433
11,911
7,573
-
45,917
7,592
4,661
29,175
33,836		 114
833,046
121,967
955,127
4,761
7,130
1,191
968,209
650,823
57,160
33,788
6,959
1,926
12,050
53,132
815,838
29,687
12,975
6,353
7,294
56,309
3,878
5,677
20,792
26,469

32

Swindon and District Citizens Advice Swindon and District Citizens Advice Swindon and District Citizens Advice
Bureau
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25 31.3.24
£ £
Other
Brought forward 33,836 26,469
Training and recruitment 8,079 3,935
41,915 30,404
Governance costs
Accountancy and legal fees 2,646 1,250
Total resources expended 886,968 907,679
Net income 73,748 60,530

33