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← Bromsgrove And District Citizens Advice Bureau

2025-03-31-accounts

Charity number: 1117552 Company number: 05982711

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU UNAUDITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025

TRADING AS CITIZENS ADVICE BROMSGROVE AND REDDITCH

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025

CONTENTS

CONTENTS
Page
Reference and administrative details of the charity, its trustees and advisers 1
Trustees' Report 2 - 5
Independent Examiner's report 6
Statement of Financial Activities 7
Balance Sheet 8
Statement of Cash Flows 9
Notes to the Financial Statements 10 - 16

Bankers

Caf Bank Limited 25, Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Lloyds Bank 112, High Street Bromsgrove Worcs B61 8EZ

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS

Registered as Bromsgrove and District Citizens Advice Bureau

(Also using the name Citizens Advice Bromsgrove and Redditch) Registered Company Number 05982711

Registered Charity Number 1117552

Registered Office

50/52 Birmingham Road, Bromsgrove, Worcestershire B61 0DD

Trustees

Name S Green (Chair) B Cooper (Vice Chair G Cooper (Treasurer) S Webb M Fox M Furness J A Till E Gray

Page 1

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] 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[st] March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ (FRS102).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The Bromsgrove and District Citizens Advice Bureau are an incorporated charity and a company limited by guarantee. The charity is governed by its Memorandum and Articles of Association.

Entitlement of External Bodies to Appoint Trustees

As our principal funders, Bromsgrove District Council is entitled to appoint two trustees, and Worcestershire County Council to appoint one. As a new principal funder Redditch Borough has been invited to appoint one.

Recruitment of New Trustees and Training

New trustees are recruited by advertising in the local press, internet sites and personal contacts. New recruits are provided with a pack of information about the responsibilities of trustees and also a skills questionnaire to be completed. They then have a first interview with the Chair to learn about the organisation, if they then wish to proceed they are interviewed by the Chair and CEO. Once appointed they are given induction training by the Chair/CEO.

Organisational Structure

The day to day running of the charity is dealt with by the Chief Executive, assisted by a Service Manager. There are regular visits to the Centre by the Chair, who is also available at other times to give advice and to take decisions on delegated matters. The Trustee Board meets every three months. A sub-committee, Finance and Governance, is used to review policies, finance, etc., and report back to the main Board. Staff management is the responsibility of the Chief Executive. All matters requiring disciplinary action are dealt with in accordance with employment law, and contracts, with guidance from CA and ACAS. Staff salary grades and structures are approved by the Board.

Funding opportunities are sought by staff and approved by the Board, after considering whether they are within our objectives and viable.

Risk Management

All major risks have been identified and have procedures in place. They are reviewed periodically, usually, on a quarterly basis. There is an annual review of the level of funding it is necessary to hold to cover potential financial risks.

We will aim to have at least three months running costs, as a safety net, which would be £150,000 and the present safety net is £130.000. If any services, for which there is specific funding, ceased then notice would be given. All necessary insurance covers, including professional indemnity are in place and reviewed regularly. DBS checks are carried out for staff, volunteers and trustees if they are necessary.

Good Governance

The code for the voluntary sector was published in July 2017 and we have adopted it. We also discuss governance issues at each Trustee Board Meeting.

Public Benefit

The trustees have given due regards to the Charity Commission’s guidance on public benefit in deciding the activities undertaken by the local Citizens Advice during the year. The trustees are satisfied that the information provided in the report and accounts meets the public benefit reporting requirements.

Page 2

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025

**************

OBJECTIVES AND ACTIVITIES Objectives and aims

They are as follows:-

  1. Objects

The Charity’s objects are to promote any charitable purpose for the benefit of the community in Bromsgrove and surrounding areas (“the area of benefit”) by the advancement of education, the protection and preservation of health and the relief of poverty, sickness and distress.

2. Powers

To promote its objects but not for any other purpose the Charity will have the following powers:

Page 3

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025

**************

3. ACHIEVEMENT AND PERFORMANCE

2024/2025 was another year that started with us facing a significant deficit, although once again we have managed to end the year with a small surplus. The underlying discrepancy between the cost of our main service and the funding available for it, remains a significant, and growing concern, but it is also a sector wide issue, not just one that is unique to ourselves. We continue to engage with all current and potential funders on this matter.

In project terms his year has seen us once again deliver the Household Support Fund and to continue our Advice First Aid work, rolling the latter program out to over 220 people and 40 organisations now. Our most exciting project development this year has been our Outreach project in Bromsgrove. Funded by the Household Support fund, with further support from Bromsgrove District Council for 2025/2026, this has seen us establish a monthly rota of drop in opportunities across a mix of venues and areas within the district.

Internally our recruitment and training model has gone from strength to strength, with good rates of retention volunteer numbers growing steadily. We also made the decision to move away from a triage with delayed follow up system, to providing as much advice as we can on the first phone call, and calling back that day if follow up is required. This is making the service more accessible and is leading to positive feedback from clients and our teams.

We supported 9,752 households this year compared to 9,903 households last year. Although this looks like we have effectively stood still, compared to our previous jump of 45% in two years, each of those clients is now getting full advice so we have maintained numbers whilst improving the client experience significantly.

4. FUTURE DEVELOPMENTS

2025/2026 whilst continuing to deliver all the above services, we hope this year to begin seriously rebuilding our "on the ground" presence in Redditch, culminating with a drop in service in the Town Hall when that reopens. We also have a very exciting Community Advice Worker project, targeted at the hardest to reach communities and individuals in Redditch. Finally we will be ramping up our efforts to grow our recruitment of non-student volunteers.

5. FINANCIAL REVIEW

At 31[st] March 2025 the total funds held were £593,349 of which £317,754 were restricted funds, this compares with £585,075 and £317,754 last year. The restricted funds were all fixed assets. Any remaining surplus on current restricted funding, after fulfilling contractual obligations is transferred to unrestricted funds. The budget set for the year, anticipated a surplus of £36,000 and the final outcome was £8,274. The main reason was due to an increase in staff costs, including an increase in national insurance. The funding for core costs was as expected but new projects were started and old ones finished. Some additional staff was engaged and existing staff hours extended, but the additional duties were mainly carried out by existing staffing.

The financial position is sound we have adequate unrestricted funds as a cushion against the loss of funding. The surplus of £8,274 includes £9,773 restricted funds which will be transferred to unrestricted funds, having completed our contact obligations. Unrestricted activities made a loss of £1,499.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees (who are also the directors of Bromsgrove and District Citizens Advice Bureau for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 4

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025

**************

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO EXAMINER

So far as the trustees are aware, there is no relevant information (as defined by Section 18 (3) of the Companies Act 2006) of which the charitable company’s examiners are unaware, and each trustee has taken all steps that they ought to have taken as trustees in order to make them aware of any information and to establish that the charitable company’s examiners are aware of that information.

EXAMINATION OF THE ACCOUNTS

Colm McGrory of Ormerod Rutter Chartered Accountants, appointed in accordance with Section 485 of the Companies Act 2006.

ON BEHALF OF THE BOARD

Gordon Cooper Trustee

Page 5

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

**************

I report to the trustees on my examination of the financial statements of Bromsgrove and District Citizens Advice Bureau (the charity) for the year ended 31st March 2025.

Responsibilities and basis of report

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

Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, 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 that in any material respect.

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements 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

  4. the financial statements 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 financial statements to be reached.

Colm McGrory FCA Ormerod Rutter Limited, Chartered Accountants The Oakley, Kidderminster Road Droitwich, Worcestershire WR9 9AY

Date

Page 6

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

**************

Note
s
Income from:
Donations
2
Activities for generating funds
3
Investments
4
Charitable Activities
5
Total income
Expenditure on:
Charitable Activities
Bromsgrove Bureau Services
6
Bromsgrove Homelessness Debt
Home Support
Redditch Homelessness Debt
6
Birmingham University Outreach
6
Money Management
Redditch Community Awareness Signposting
6
CSDF-Phase 2 -Pot 1-Innovation
6
Advice First Aiders
6
MaPS – Debt Advice
6
Total expenditure
Net incoming/expenditure
7
Transfer between Funds
15
Net (expenditure)/Income for the year/net
movement in funds
Reconciliation of Funds
Total Funds brought forward at 1st April 2024
Total Funds carried forward at 31st March 2025		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2025
2025
2025
2024
£
£
£
£
484
-
484
579
121
-
121
136
6,500
-
6,500
5,497
245,100
256,574
501,674
515,763
252,205
256,574
508,779
521,975
253,704
-
253,704
252,779
-
14,643
14,643
26,515
-
62,770
62,770
47,433
-
51,122
51,122
26,585
-
8,608
8.608
4,280
-
22,965
22,965
-
-
7,813
7,813
-
-
-
-
22,299
-
23,099
23,099
10,280
-
55,780
55,780
53,830
-
-
-
-
253,704
246,800
500,504
444,001
(1,499)
9,774
8,275
77,974
9,774
(9,774)
-
-
8,275
-
8,275
77,974
267,321
317,754 585,075 507,101
275,596
317,754 593,350 585,075

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Page 8

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

Fixed Assets Notes 2025 2025
2024		 2024
£ £ £
Tangible Fixed Assets 10 311,341 310,754
Current Assets
Debtors 12 52,110 28,860
Cash at Bank and In Hand 252,041 256,211
304,151 285,071
Creditors
Amounts falling due within one year 13 22,143 10,750
Net Current Assets 282,008 274,321
Total Assets less current Liabilities 593,349 585,075
Income Funds
Unrestricted Funds
Revenue 118,565 150,921
Designated Funds
Reserves Policy 110,000 90,000
Provision for Redundancies 20,000 9,400
Buildings Fund 27,030 157,030 157,030
17,000
Restricted
Redundancy Fund FIF 7,000 7,000
Capital 311,341 310,754
General Funds (587) 317,754 -
Total Funds 20 593,349 585,075

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31[st] March 2025. No member of the company has deposited a notice, pursuant to Section 476, requiring an audit of these accounts.

It is the trustees’ responsibility to ensure that the charity keeps accounting records which comply with Section 386 of the Act and to prepare accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year. The accounts must give a true and fair view of the charity’s incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the Company.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The financial statements were approved by the Board of Trustees on and were signed on its behalf by:

Gordon Cooper - Trustee

Page 8

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

************** Company Registration No 05982711

Page 8

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

******
Notes
Cash Flow from operating activities
Cash generated from operations
8
Investment activities
Purchase of tangible fixed assets
8
Net cash used in investing activities
8
Net cash used in financing activities
-
Net increase in cash and cash equivalents
8
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 ****

 ****
2025

£

(1,168)

-
 ****
2025
2024
£ £
(4,163)
47,700
(1,168
)
(942)
-
-
-
(5,331)
46,758		 ****
2025
2024
£ £
(4,163)
47,700
(1,168
)
(942)
-
-
-
(5,331)
46,758

256,211
250,880		 209,453
256,2
11

11

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BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

1. ACCOUNTING POLICIES

Charity Information

Bromsgrove and District Citizens Advice Bureau is a private company limited by guarantee incorporated in England and Wales. The registered office is 50/52, Birmingham Road, Bromsgrove, Worcestershire, B61 0DD.

a) Accounts Convention

The accounts have been prepared in accordance with the Charity’s Memorandum and Articles of Association, the Companies Act 2006 and “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 (FRS102)” (effective 1[st] January 2019). The charity is a Public Benefit Entity as defined by FRS102.

The accounts are prepared in Sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention.

Capital grants are recognised as designated income when receivable and this departure from financial reporting standards is necessary in order to show a true and fair view, in accordance with SORP 2015.

Three types of funds are held, restricted, general or designated safety net funds cannot be used without the approval of the Directors/Trustees.

When possible, expenditure is charged to the charitable activity to which it relates. Costs that cannot be dealt with in this way are apportioned as a percentage overhead. Apportioned costs are premises and office costs.

Going Concern

At the time of approving the accounts, the trustees had a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

Governance Costs

Any costs that can be identified are charged direct. Staff time is allocated according to the percentage spent directly on governance, together with a proportion of premises and office costs. In accordance with the charities SORP (FRS 102) governance costs are now treated as overheads and allocated over the other services.

b) Incoming resources

Grants receivable

Grants made to finance the activities of the local Citizens Advice are credited to the income and expenditure account in the period to which they relate.

Bank interest

Bank interest is included in the income and expenditure account on receipt.

Other income

Sales of services are included in the income and expenditure account in the period to which they relate. Other income, including donations, gifts and covenants are included as they were received.

iv) Gifts and Intangible income

In addition to the above, the charity also receives help and support in the form of voluntary assistance in advising the public. General volunteer time is not recognised, in accordance with the Charities SORP (FRS102).

v) Deferred income

Grants received in advance of the period in which the funder requires the expenditure to be applied will be reflected in deferred income within the balance sheet.

c) Resources expended

All expenditure is accounted for on an accruals basis. All expenditure directly related to the provision of advice services is included within charitable expenditure. Other costs incurred have been allocated between fundraising and publicity and management and

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BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

************** administration as appropriate. Where such costs relate to more than one functional cost category they have been split on an estimate of time or floor space basis, as appropriate.

d) Basic financial assets

Basic financial assets, which include debtors and bank balances, are initially measured at transaction price including costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

e) Impairment of financial assets

Financial assets, other than those held at fair value through income and expenditure, are assessed for indicators of impairment at each reporting date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.

If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flow discounted at the asset’s original effective interest rate. The impairment loss is recognised in net income/ (expenditure) for the year.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in net income (expenditure) for the year.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised.

The impairment reversal is recognised in net income (expenditure) for the year.

f) Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expires or are settled, or when the charity transfers the financial asset and substantially all the risks and reward of ownership to another entity, or if some significant risk and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

g ) Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective rate method.

h) Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged.

i) Fixed assets and depreciation

Fixed assets are included at cost less depreciation. Items are capitalised if their value is over £500. Depreciation is charged on a straight line basis on the costs of the assets over their estimated useful lives as follows:

Fixtures, fittings and equipment 3 years
Furniture 5 years
Freehold buildings No depreciation

The depreciation policy has been reviewed in accordance with FRS 102 and no change has been made from the previous year. The provision for depreciation of fixed assets is shown as part of notes to the Statement of Financial Activities. Fixed assets are either financed from grants or by using Reserves. When Reserves are used the cost is written as a charge to Revenue, but when financed from a grant then the income resource is shown in the Statement of Financial Activities and credited to a Designated Capital Reserve.

j) Restricted funds

Income received for the restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor that any unused funds may have to be refunded, if the objective of the funding is met and there is no obligation to refund any surplus then those funds are treated as unrestricted.

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BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

**************

k) Designated funds

Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion.

l) Fund Accounting

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

m) Cash Flow

The charity has taken advantage of the provisions in the SORP for charities applying FRS102 Update Bulletin 1 not to prepare a Statement of Cash Flow.

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

n) Taxation

Bromsgrove and District Citizens Advice Bureau are registered with the Charity Commission and under the provisions of the Income and Corporation Taxes Act 1988 and exempt from liability to taxation.

o) Capital Grants

Capital grants are recognized as income in the designated fund when receivable and a departure from Financial Reporting Standards necessary in order to show a true and fair view in accordance with the Statement of Recommended Practice SORP (FRS102).

p) Pensions

Employees have an amount equal to 5% of their salary paid into a pension fund. The provider is Standard Life but employees can use a different provider if they wish. The only obligation, as an employer, is to deduct any agreed contribution from salary and pay over to the pension provider, together with the employer’s contribution. The provisions of automatic enrolment apply to eligible staff who has not exercised their contractual rights.

2025 2024
£ £
2. DONATIONS 484 579
£ £
3 ACTIVITIES FOR GENERATING FUNDS 2025 2024
Completing DRO Forms 110 130
Gift Aid 11 6
121 136
4 INVESTMENT INCOME 2025 2024
Bank Interest 6,500 5,497
5. INCOMING RESOURCES FROM £ £
CHARITABLE ACTIVITIES 2025 2024
Restricted Grants and Contracts
Bromsgrove District Council Home Support 15,000 15,000
Redditch Borough Council Home Support 48,250 39,750
Worcester Advice Network (WCC) Home Support 9,000 -
Bromsgrove District Council Homelessness Debt Prevention 4,470 24,500
Bromsgrove District Council Advice First Aiders 22,920 22,382
Citizens Advice MaPs 55,860 57,365
Citizens Advice CSDF-Phase 2 -Pot 1-Innovation - 47,120
Worcester Advice Network (WCC) Money Management 22,850 -
Redditch Borough Council Homelessness Debt 51,119 24,500
Birmingham University Outreach for Staff 9,160 9,160

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BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

Redditch Borough Council
Community Awareness Signposting
Bromsgrove District Council
Community Outreach
Total Restricted
Unrestricted Grants and Contracts
Bromsgrove District Council
Information and Advice Service
Redditch Borough Council
Financial & problem solving
Redditch Borough Council
Housing
Worcester Advice Network
Information and Advice Service
Alvechurch PC
Information and Advice Service
Barnt Green PC
Information and Advice Service
Belbroughton PC
Information and Advice Service
Catshill and North Marlbrook PC
Information and Advice Service
Clent PC
Information and Advice Service
Cofton Hackett PC
Information and Advice Service
Dodford PC
Information and Advice Service
Finstall PC
Information and Advice Service
Information and Advice Service
Lickey and Blackwell PC
Information and Advice Service
Tutnall and Cobley PC
Information and Advice Service
Wythall PC
Information and Advice Service
Citizens Advice
General Purpose Grant
Total Unrestricted
Total Incoming Resources - Notes 2 to 5		 7,875
10,070
256,574
£
2025
121,000
50,000
-
68,800
-
500
-
1,000
-
500
500
300
500
-
2,000
-
245,100
508,779		 -
-
239,777
£
2024
113,500
54,114
9,816
79,656
150
500
300
1,000
-
-
300
500
150
1,000
15,000
275.986
521,975

6. CHARITABLE ACTIVITIES COSTS

Details Bureau
Service
s		 Bromsgrov
e
Outreach
Developm
ent		 Bromsgrov
e
Affordabilit
y
Assessme
nts		 Home
Supp
ort		 Money
Managem
ent
Support		 Map
s
Debt		 Advis
e
First
Aider
s		 Redditch
Commun
ity
Awarene
ss
Signposti
ng		 Reddit
ch
Target
ed
Debt		 Biirmingh
am
University
Outreach		 Total 2024
Expenditure
Salary Costs
Staff Travel
Other Staff Costs
Consultancy
Volunteers Travel
Costs
Interpretation
Services
Photocopying
Postages
Reference Books
Recruitment
Rent
Training
Equipment
Office and
Premises OH's		 £
213,47
7
738
-
-
2,882
165
-
-
-
0
3,457
-
-
32,981		 £
8,619
-
-
-
-
-
-
-
-
-
-
-
120
1,332		 £
3,961
-
-
-
-
-
-
-
-
-
-
-
-
612		 £
54,36
9
-
-
-
-
-
-
-
-
-
-
-
-
8,401		 £
19,891
-
-
-
-
-
-
-
-
-
-
-
-
3,074		 £
48,0
62
-
-
-
-
-
-
-
-
-
-
292
-
7,42
7		 £
20,00
8
-
-
-
-
-
-
-
-
-
-
-
-
3,092		 £
6,767
-
-
-
-
-
-
-
-
-
-
-
-
1,046		 £
43,681
-
-
-
-
-
-
-
158
-
534
-
6,750		 £
7,457
-
-
-
-
-
-
-
-
-
-
-
-
1,152		 £
426,2
92
738
0
0
2,882
165
0
0
158
0
3,457
826
120
65,86
7		 £
365,8
34
267
-
-
2,542
85
-
-
-
728
2,719
1,380
1,511
67,93
5
Total 253,70
0		 10,071 4,573 62,77
0		 22,965 55,7
81		 23,10
0		 7,813 51,123 8,609 500,5
05		 443,0
01

Note: There is also staff cost of £12,167 included in Office and Premises Overheads.

Page 17

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

2025
 2024
7. NET INCOMING / (EXPENDITURE)
 £ £
Independent Examiners Fee
 2,050 1,500
Depreciation owned assets 581
 474
2025 2024
**£ ** £
8. Cash Generated from operations
Surplus/(deficit) for the year 8,275 77,974
Adjusted for
Depreciation and impairment of tangible fixed assets 581 474
Movement in working capital
Increase/decrease in debtors (23,250) (280)
Increase/decrease in creditors 11
,393
 (30,468)
(11
,857)
 (30
,748)
Cash generated from operations (4
,163)
 47,700

9. TRUSTEE’S REMUNERATION AND BENEFITS

No trustees received any remuneration nor benefits for the year ended 31[st] March 2025 (2024: None)

10. STAFF COSTS 2025 2024
£
 £
Wages and Salaries 388,915 336,862
Social Security Costs 28,633 23,005
Pension Costs
20
,558		 18
,536
438
,106		 378 ,403
2025 2024
Full Time Staff at 31stMarch 8 5
Part Time Staff at 31stMarch 10 11
Average hours part time staff 16 19

Contributions to 12 employees pension provision. There were no payments in kind There were no employees with emoluments above £60,000.

The purpose of the Charity is to provide information, advice and assistance to the public and this is principally done by trained volunteers, supervised by paid staff. The administration support is also provided by volunteers under the supervision of a paid Administration Officer.

11. TANGIBLE FIXED ASSETS

. TANGIBLE FIXED ASSETS
Cost
1st April 2024
Additions
At 31st March 2025		 Freehold
Building
Equipment
Furniture
Total
£
£
£
£
324,180
63,890
6,189
394,259
-
1,168
-
1,168
324,180
65,058
6,189
395,427

Depreciation

Page 17

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

******
1st April 2024
Charges for year
*At 31st March 2025
Net Book Value
1st April 2024
31st March 2024
Depreciation Charged
Overheads		 *********
14,180
63,136
6,189
83,505
-
581
-
581
14,180
63,717
6,189
84,086
310,000
754
-
310,754
310,000
1,341
-
311,341
Freehold
Building Equipment
Furniture Total
£
£
£
£
-
581
-
581
-
581
-
581

Depreciation is by the straight line method. There is no depreciation on buildings. Equipment is depreciated over 3 years and furniture over 5 years. Deprecation is charged in year of acquisition.

12. NET MOVEMENT OF FUNDS
2025 2024
£ £
As per Financial Statements 8,275 77,974
Funds Applied to acquisition of Assets (1,168) (942)
Net Movement of Funds 7
,107
 77,032
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Contract Payments 52
,110		 28
,860
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Social Security and other taxes
 8,318
6,266
Pension Contributions 3,772 2,550
Other Creditors 4,428 1,934
Grants paid in advance 5,625 -
Total 22
,143		 10
,750

Page 17

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

15. MOVEMENT IN FUNDS

Unrestricted Funds
General Funds
Designated Safety Net
Building Repairs Fund
Provision for Redundancy
Total
Restricted Funds
General Funds
Redundancy Fund FIF
Capital Fund
Total
Total Both		 At
1.4.2024
£
150,921
90,0
00
17,00
0
9,40
0		 Net
Movement
in Funds
£
(1,499)
-
-
-		 Transfers
between
Funds
£

(30,856)
20,00
0

10,030
10,60
0		 At
31.3.2025
£

118,566
110,000

27,030
20,000
267,321 (1,499) 9,774 275,596
£
-
7,00
0
310,753		 £
9,774
-
-		 £
(9,774)
-
-		 £

-
7,000

310,753
317,753 9,774
(9,774)		 317,753
585,07
4
8,275
-		 593,349

16 RESTRICTED FUNDS

General Funds that were given for a specified purpose and having fulfilled that purpose and there being no requirement to refund a surplus then any surplus is held to cover any deficit that may arise in the following year. If the surplus is not required in that year then it is transferred to unrestricted funds. The funding that is provided by MAS for the debt advice service has a requirement that an amount be set aside to cover redundancy costs should the contract be terminated. The Capital Fund is the value of the building that was given for that purpose

17. SUPPORT COST

Overheads are those costs which are common to all services and cannot be allocated directly to the functions to which they relate. These costs are premises’ running costs, gas, electricity, etc., and office costs, telephone, stationery, etc. The use of premises is multifunctional. Premises and office costs are allocated as a percentage on their estimated usage.

Support Governance 2025 2024
costs costs
£ £ £ £
Staff Costs 12,225 1,616
 13,841 Direct 13,999
Depreciation 461
 -
 461 Direct 474
Independent Examiners - 2,050
 2,050 %allocation 1,500
Office Costs 11,849
 -
 11,849 % allocation 19,154
Other Costs -
 -
 - % allocation 132
Sundry Expenses 14,705
 -
 14,705 % allocation 16,451
Bank Charges 60
 -
 60 % allocation 60

Page 17

BROMSGROVE AND DISTRICT CITIZENS ADVICE BUREAU

TRUSTEES ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDED 31[ST] MARCH 2025

STATEMENT OF FINANCIAL ACTIVITIES AND BALANCE SHEET`

****
Premises Cost		 ****
22,904

62,204		 ****
-

3,666		 *******
22,904
% allocation
65,870
 ***
16,164
67,934

18. SHARE CAPITAL

The company is limited by guarantee. In the event of a winding up, the liability of each member is limited.

19. LIABILITY OF MEMBERS

Every member of the company undertakes to contribute to the assets of the company in the event of it being wound up during the time that he or she is a member or within one year afterwards for the payment of debts and liabilities of the company contracted before he or she ceased to be a member, and of the cost, charges and expenses of winding up the same and for the cost, charges and expenses of winding up the same and for the adjustment of the rights of contributors amongst themselves. Such amounts as may be required not exceeding, in the case of any member, the sum of £1.

20. EXAMINERS FEE

An amount of £2,050 has been provided for in the accounts. This is included in other creditors.

21. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed Net Total
Assets Current Funds
Assets
£ £ £
Unrestricted Funds - 275,596 275,596
Restricted Funds 311
,340		 6
,414		 317
,754
311
,340		 282
,010		 593
,350

22. RELATED PARTY TRANSACTIONS

There were no disclosable related party transactions during the year. (2024 – Nil)

Page 17