Company No. 06068486 (England & Wales) BASSETLAW CITIZENS ADVICE BUREAU (A company Ilmlted by guarant> REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS Page Report of the Trustees (Executive Committee) Independ•nt Examln•rs' Report S&item•nt of Financlal Actlvities Balanco Shaat 10 Statement of Cash Flows 11 Notes forniing part of the Flnancial Statements 12-21 Charlty No. 1118563 Preped by Williams Knowles & Co. Chartered Accountants
BASSETLAW cmzENS ADVICE BUREAU ANNUAL.REPORT OF THE TRUSTEES (BOARD OF DIRECTORS) FOR THE YEAR ENDED 31 MARCH 2024 The Trustees are pleased to present their annual directors, report together vAth the financial statements of the charity forthe year ended 31 March 2024 whl¢h are also prepared to meet the requlrements for a dir8Ctors' report and accounts for Companles Act purposes. The financlal sLgtements comply wlth trbe Charttlès Act 2011, the Compan18s Act 2006, the Memorandum and Articles of Assoclatlon. and Ac¢ountir¥J and Reporting by Charities: Ststement of Recommended Practlce applicable to charities prepari their a¢UnIS in ac¢ordanc8 With the Flnancial Reportlng Stsndard applicable in the UK and Republic ol Ireland (FRS102). ObJ6rtlves and actlvltl•s for the public benofit The charity has passed a ret)olution on 19 March 2024 to change its opeirj name from Ba88etlaw Cltlzens Adv1¢• to Cltlzens Advlco North Nottlngharnshlrn. This 1$ to reflect the fact that ts area now covered by the organisation has extended to include Mansfield and other surroundlng districts. Objectlves The charity's objects are speoficalty to promote any ¢haritsble purpose for the publ1¢ benefft by th8 advancement of education, the protedion and preseryation of health and Ihe relief of poverty, sickness and distress in particular. but ithout limitatlon, for the b8n8fft of the communty. wedominantty but not exclusively In the districts of Bassetlaw and Mansfield. other Nottlngham8hire dlstricts and districts in nearby counties. In particular Ihe company operates as a Citizens Advice Local Office under th8 membership scheme of Citlzens Advlce. W8 provide free, ¢¢)nfidentlal, Impartial and independent advice on many topics indudlng debt, welfare benefjts. ene Issues, housing. employmenL Consumer and family matters. Durirg the year we had a service dellv8ry agreement Imlh key funders: - Consumer AdvScè arKI Law Swvice (CALS) for the pro*Aslon of debt advlc8 In the Bass8tlaw area. as part of th8 East Mldlands Money Advice {EMMA) service. Thls work is funded by the Money Advice and Pensions Service (MAPS). - Ma¢millan Cancer Support for the provlslon of welfare benefits advlce and support to those affected ty cancer withln the Bassetlaw area. - Energy Redress for the provision of advl¢e and 8UPPOrt to those affected by fuel poverty and to reduce inequalltl8sfissues energy usage. Funded through the Energy Industy Voluntary Redress Scheme. .uk - Integrated Care Board {ICB) through the Bassetlaw Place Based Partnership (BPBP)- Income maximisation & debl recovery pr0cL The aim of the project is to ensure that eff8Ctlve debt support advice and incomè maximisatlon support Is offèred to indlviduals experl8ndng mental111 health, to improve quality of lrfe. Incr8ase and Improve engagement with services, increase whole health and self4nanagement in order to promote recovery and wellbeing. Bassetlaw District Councll - to support lo¢al peopl8 th enquiries for welfare ben8ffts and the Cost of Living crisis. Notts County Councll - to deliver advlce, training and Supervision to dlre¢lly help local vulnerable p80ple ithin our Dlstri¢L Thls also included belng a referral partner for the Household Support Fund. - The National Lottery rfNL) - to provlde casewDrker support to ensure that local vulnerab18 people with multi4omplex Issues consolidate and organise an advic8 package. Cltizens Advlc8 North NottirNJhamshlr8 relies heavily on the work of Its volunteers to malntsin the servlce which it provides. Th& costs of our volunteers (other than exp8nses) are not Induded within these ac¢ounts. The Trustee Board offers Its thanks to our fantsstlc volunteers for th8 amazlng Vrk they do, thOut whlch the company could not d8llver our advlce service lo the extent and reach that W8 do. The dedlcation and hard work of your volunteers and trustees make a slgnlficant Impact. Their combined efforts, valued at over £470,000 per year, highlight th8 immense value of their contrrbutions to our service deliry.
BASSETLAW cmzENS ADVICE BUREAU ANNUAL REPORT OF THE TRUSTEES (BOARD OF DIRECTORS) FOR THE YEAR ENDED 31 MARCH 2024 Publlc benefit The Citizens Advice North Nottlnghamshire seThFce aims to". - Provide the advice people ne8d for the problems they face. - Improv8 the policies and practices that affect people's Ilves. Promote the valu8s of equity, diverslty, inclusivity and challenge discrimination. We strlve to be the peopb's champbDn. We a a charity worf<ing for the whole of socl8ty- whoever you are. vthatever your problem. We are support8d by volunteers who are at the heart of the communitles they seNe. We are campaigning on the Issues that affect every single one of us. We ar8 here for you wlth practical advl¢e you can really trust. when you really need IL We are helping to bulld a fairer 8oc18ty for everyon8. Our frontline work glves us a unlque insight- we see the human impact of broken policies and practices arKI importantly vthat needs trj be done lo flx them. Actlville8 We malntalnod or developed the followlng a¢tivltl•s: - An increased dlgitsl and face-to-face service reachlng urban and rural locatlons, ryth regular general advice ser¥lces from our Retford & Worksop offices tC*J81h8r with additional outreach venues wlthln Bassetlaw. - Welfare benefits. money managemenvdebt. support for those livlng wlth ¢ancer. houslng. mentsl health. energy specialist advice seNices. Infonnation is promoted via the intemet and through our soclal media channels of Faceb¢)ok. Twtter and our b18.. WW¥V.canns.org.uk. - Strong relationships wtth key stskeholders and fvnders whtch allows us to collaboratively react to support th8 needs of our community. - We have developed our knowledge of th8 health and VlIbalng needs of the communty through our work with the B8ssetlaw Int8grated Care Partnership. A revlew of our achlevemonts and porfomiance In total we hav• successfully. - Demonstrated conslstent achievement of the Key Perfomiance Indicators for our Qualty of Advlce and targets as set by our key funders Ilsted above. We have been awarded the nationally recognised AQS (Advice Quality Standard) certificate for a further three years based on the stsndard of our casework advice when taking actlon on behalf of the dient in our specialist in-house services of Debt, Welfare Benefits and Housing - valld until July 2027. Found solulions for the many challenges presented by the cost of living crisis. affectlng many of our Bassetlaw residents. - Galned the highest ranklng for all areas folloviing the extemal scrutlny of our Year 3 Leadershlp Self-Assessment Award. - Mel the requirements for debt advice and casework delivered as part of th8 East Midlands Money Advice Servlce and stringent ru18s and regulations of the Financial Conduct Authority (FCA). Funding from this 80urce 18 based on contlnuation to March 2025.
BASSETLAW CITIZENS ADVICE BUREAU ANNUAL REPORT OF THE TRUSTEES (BOARD OF DIRECTORS) FOR THE YEAR ENDED 31 MARCH 2024 In total we have reported: Our highest number of a¢tivitses delivered (30,221). demonstrating hlgh quality in4Jepth advlce to 5.272 people (new and repgat} who r8¢eived advice from our general and specialist S8rrfices resulting in over 6,000 cases. - Our dlents enquirie8 included over 20,000 sp8clfi¢ issues, of which the top five erNuiry issues were; over 6.000 for welfare beneffts, 5,263 for energylconsumer support, 4.268 regarding personal debt & financlal capabilty. 982 relatlng to houslng and 932 for crisls support such as food bankslother charltable support. - Our debt team alone support8d people Ktyth over £3.4 million of p8rsonal debL - Gained £4,225.526 of addltlonal welfare beneffts and grant income for our dtents. - Recrulted and trained 15 new volunteers to Joln our volunteer team of 36 (plus our Trustees)- to help deliver, malntsin and develop our service delivery. - Expanded our wrkfOrce (volunteers and paid staffj team to incorporate new projects throughout the year. For a further breakdovffl of the statlsll¢al inforniatlon for the work of our general and specialist servkes pleas8 see our Annual Report Presentation. Flnanclal r•vl Income for the y8arwas £871,037. thSs figure vms comwsed of existing and some n8w fvnding steams. whlch meant that we were able lo maintaln Current and develop some new advl¢e activty. Additionally an amount of this Income includ8s some grants paid In adVae for the 2024-2025 fjnanclal year. Expenditure was £776.778. We have continued to make savings where possible by ke8plng tight control on expenditure. The income frJure of £871.037 shows the additional Income sources vthen compared lo the ryiginal budgeted incom8 figure of £618,8281.8. an increase of £252.209. The actual income figure includes some fvnding r6ceived during the year ended 31 March 2024 whlch has been adjusted to show certain restrfcted fvnding streams as a '¢arry fonvard, instead of a 'defeffed income. figure to be recorded thin this p8riod due to the SORP ulatIonS (The Charfties Statement of Recommended Practice) whi¢h relates to income to be spent from 1 April 2024. Prfnclpal fundlng sourc•s We are extremely grateful to our fvnders vtho supported our seThlc8 during thls finarla1 year: Bassetlaw Dlstrict Councll (Grant Ald) for their continued and exceptional support for contributlons towards our premises. our open door dropin. Cost of Livlng telephone advi¢e serrflc8 and our Welfare benefits Casewo team. Following ourfinal part of the relocatlon in May 2022, are now well established In our key Htgh Street location and r8glstered office (Bridge Street, Worksop). Notts County Coundl (Grant Ald) for our open door drop-in. telephone advice serylce 8fKI as a referral provlder for th8 Household Support Fund. EneryJy Industy Voluntsry Redress Sch8me to malntain and dev81op our support to people inadvert8nlly affected by fuel Vety and Issues with 8n8rgy usage. - Cltizens Advi¢e for delivery of our Energy Advice Project {EAP), Energy Outreach Project (EOP) and Regional En8rgy Lead {REL). Additionally for our Innovation Project reaching local vulnerable p8ople living with ill health. - Community Adc8 & Law Services {Money & Pensions Service) for our Money Advice Service debt advice services. Macmillan Cancer Support for our welfare rigms specialist advice SeICeS for people and their families living with cancèr. - Integrated Care Board {ICB> to support Bassellaw redents to provlde effectlve money adv1¢8 and income maximisatlon support lo individuals experiencing mental111 health. alming to. improve qualty of Ilfe, increasè and Improve eNJagement vrith services, increase whole health and self-management In order to promots recovery and wellbeing. - Trusi Fund& to support our gen8ralist advlcè serrfice and specffic support.
BASSETLAW CITIZENS ADVICE BUREAU ANNUAL REPORT OF THE TRUSTEES (BOARD OF DIRECTORS) FOR THE YEAR ENDED 31 MARCH 2024 Our main oxpondlturo for the year was for: - Salary costs assoclated with the s8rvices we delivered. - Admlnistrdtion. IT and support costs associated wth the services we delivered The trustees and management of the Local Citizens Advice continue to exercise fimi fin8nclal control of the organlsation. The trustees and management will look to implement any changes to our practlces and procedures and adhere to the recommended guidelines as set by the Charlty Commlssion and Flnancial Conduct Authority. W8 Identify ere we can further improve our procedures and rectify any weakness Identified by our accountants. Rlsk management The tNstees have consldered the major risks to which the charity Is exposed and have reviewed those rfsks and estabilshed systems and procedures through an annually updated Rlsk Assessment and Buslness Conlngency Plan to manage those rlsks. The tNstees conslder that the low levels of reseNes, held to cov8r running costs for a period of Ume plus other unplanned expenditure. to b8 a major rlsk. Addlttonally any potentlal reductlons in grant aid is a further major risk. The Input from the sub<ommlttees (Income Generation and Flnance) has further developed our 8eNices and ConnueS to identify sustainable fundirvJ streams tog8ther th a plann8d progrdmme to bulld up an amount of reserve funditrvJ for identified needs. Re8erves pollcy The followlng reserves policy has been approved by the Trust88 Board. The trustees believe that th8 LCA should hold financial reserves In or(ler to ensure that the Charity can continue to operate and meet the n88ds of people in th8 event of unfoTese8n and potentially damaglng circumstanc8s arisiTrJ. It has tak8n Into account the r81iabilty and contlnuance of fvture funding. timing of cash flows and working capitsl requlrements, Cover for unplanned 8mergencles and potential liabiliti8s lating to staff should there be a closure of a particular activity. The Twste8s have deteIned to retain 6 months of operating costs in reserves to meet unexpected 8vents (such as a signlfi¢ant loss of funding). The amount of njnning costs is calculated from the annual budget and amounts to £328,000. The actual amount of reserves h81d as at 31 March 2024 is £364,701. The calculation of re8erves is after designating funds for the folloKryng: I Core $orvi¢e fund The core Servi Is operatlng at a deficit due to Insufficlent core funding but maintslnlng thls service Is vital, not only for clients of the generallst serwlce but also for referrals to our exrsting projects. We are also using thls designated fund to lo{ at ways in which the core seNi¢e could be made more efficlenL We have deslgnated £37,712 for this fund. 11 D•velopm•nt and Investment (Internal) Thls is essential exp8nditure needed to mainlain the operating capacity of our local office. We have aggregated amounts needed to spend on our Infrastructure (IT and premis8s) and thls comes to £12.497. 111 Development and Investment ( extemal) This fund is for exisling and plann8d spend on new partnerships and opportunitles - and Includes lh8 followiThJ: unfunded pilot prole¢ts, buylng-in help with grant appllcations and fvndralslng, costs of attending conferences and neiknrking meetings. our own research on dients needs to pitch to nèw partners and investment and trainlng in new digitsl campaigns to reach more people. We havè designated £40,000 for this fund. The total designatad funds would thornfore anUnt to £90.209 Plans for the future Our three year busin8ss plan, reviewed annually. was rewritten {from the 2021 verslon) during early 2024, and altered to become a -year buslness plan (2024 - 2026) to tske into account the changlng financlal environmenl. the Complexity of client ISSU8s and the need to be more sustsinable in the future.
BASSEfLAW CITIZENS ADVICE BUREAU ANNUAL REPORT OF THE TRUSTEES (BOARD OF DIRECTORS) FOR THE YEAR ENDED 31 MARCH 2024 Our Three Key Mlsslons - Pmvldo more people wlth advice fft for futurn, by being there when people n88(i us and In vmys that help make the blggest impact. Clos• the gap. by striving to end the disparfties in access and 8xperience for marglnalised people. Take •arty actlon to prevent more people rea¢hing crisis by addr88sing problems 8arlier. Our vislon Our vision is for Cltlzens Adwce North Nottinghamshire to be the key provider of infomiatlon, 8dvice and casework seNlces for the people of North Nottlnghamshire. Our strateglc alms are to: Work in collaboration with our local communty organisatlons and the public sector Be more infiu8ntial - Be more sustslnable and effective - Meke it more a¢¢essible to get advice and support - 88 8 stronger equallty chamfvi R•f•r•n¢e and admlnistrnllvo dotsils Company number Charfty number. 06068486 1118563 R•glstered Offlce: B88setlaw Cltizens A(fvice Bureau 100-102 Brldge Street Worksop Nottinghamshlr8 S801HZ Accounlants: Williams Knowles & Co Chartered Accountants Lloyd Chambers 139 Carflon Road Worksop Nottinghamshire S817AD Bankers: Natwest 69 Brldg8 Street Worksop Nottinghamshire S80 1DR Board Ilomls. Directors: Chalr. Vlce Chalr. Treasurer: Arthur Deakin Mark Hooper Mark Hooper Appointed 05.02.2019 Appointed 26.05.2022 Appolnted 26.05.2022 Due to be reappolnted 2025 Due to be appoInted 2025 Due to be r8appointed 2025 Tru6tee8: Barbara Harrison Glen Roberts Sue Wlgl8y Davm Hickman Davld Pressley Nicola Sissons Jim Qu8k Karen Bestwlck Appointed 11.12.2018 Appolnted 27.09.2016 Appolnted 24.09.2019 Appointed 10.03.2020 Appointed 05.02.2019 Appointed 18.10.2007 Appoinled 24.09.2019 Appolnted 01.12.2022 Due to b8 r88ppointed 2024 Due to be reappolnted 2025 Due to bo reappolnted 2025 Due to be reappolnted 2026 Due to be reappolnted 2025 Resigned June 2024 Du8 to be roappointed 2025 Due to b8 rèappointed 2025
BASSEfLAW CITIZENS ADVICE BUREAU ANNUAL REPORT OF THE TRUSTEES (BOARD OF DIRECTORS) FOR THE YEAR ENDED 31 MARCH 2024 BDC Repres•ntatlves Alan Rhodes Elected Annually ApFrf)Inted 20.06.2023 Secretary. Karen Whitlam Appointed 01.05.2018 Chlef Executive Offir Ka Whillam Appointed 01.05.2018 Structure. Governance & Managemont Constltution Bassetlaw Citizens Advice Bureau is a ¢ompany Ilmited by guarantee and a reglslered charlty govemed by its Memorandum and Articles of AsKlatIon, a revised version bvas updated and approved in D8cember 2021, with a further amendment updated and approved In April 2024. Appolntmont of Trusts•8 Trustees are r8cruited through a Board of Dir8Ctors Skills Audlt and an interrfiew against the audit flndings. Tnjstees are then appolnt8d in accordance wlth Ihe rules set out in the Artlcles of Association of th8 Bureau. revised verslon adopted in Aprfl 2024. Trustses serv8 for a 3 year period and can be rewelected for further periods of 3 years. Organlsational Structure The Board of directors meet on a regular basis usualty six times a year. An executlve board meets in belween the main board meetings. Day to day decision making is delegated to th8 senior management team (SMT), whlle overall policy making and strategic decisions are made by the Board. Addlilon811y: - The Finance Sub-committee rne8ts on a bl-monthly basls. - The Income Generatlon team me8ts on a bi-monlhly basis. - The Pay Rev18W team m88ts every 6 months. unl8SS there Is a need in betsen. Pay pollcy for sonlor staff The dlr8Ctors conskler the board of directors, who ar8 the Trusfs trustees. and the Chief Executive Officer to be the key management personnel of the charity In charge of dlre¢ting and controlling. runnir¥J and opwating th8 TNst on a day-toaY basis, All Trustees give their time voluntarily and receive no remuneratlon or other benefits bvith the exception of out of pocket expenses Incurred In the undertaklng of their duties as Trustees and as agreed wth the Board. The pay of the Chlef Executive Offi¢er and Deputy Chlef Officer is rev18wed annually by the trustees army Is set by reference to 'Pay scales and Allowances, published by th8 National Joint Council for Local Govemment SeNices. Golng Concern The directors have considered th8 many strat8gi¢ and operatlonal factors vA)en revlewlng the affairs of the organisation and have conduded, that the contlnued activty and reserves of the charFtable company. are sufficlent for the foreseeable future and in any case at least 12 months from Ihe date of agreeing the financial stat8ments. and therefore it is appropriate for them to be prepared on the going concem basis.
BASSETLAW cmzENS ADVICE BUREAU ANNUAL REPORT OF THE TRUSTEES (BOARD OF DIRECTORS) FOR THE Y84R ENDED 31 MARCH 2024 Tru8tee8' responslbllltles In r•latlDn to the flnanclal statemonts The Charity trustses (who are also directors for the purposes of company law) are r8sponsibl8 for weparing a INstees' annual report and financial statements in accordance Wbth applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting PractFce). Company law requires the Board of Directors to prepar8 financial statements for each financial year thich give a true and fair view of the stste of the affairs of charitable company and of the incoming resources and application of resources, including income and expenditure. for that period. In preparing the financial statements. the trustees are required to: - select suitable accounting policies and then apply them consistenti ObSee the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent,. - stste vthether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained In the financlal statem8nts' prep8re the financlal stat8ments on the going concem basls unless tt Is inappropriate to presume that the charity 11 Continue on that basis. The Board of Directors are responsible for malntsining proper accounting records which dlsclose reascfiable accuracy, at any tlme, the financial position of the ¢haritable company and to 8nable th8m to ensure that the financial statements ¢omply with the Companies Act 2006. The Board of Directors are also responsible for safeguarding the assets of the charftsble company and hence for taking reasonable steps for the prevention and d8tection of fraud and other irregularities. Th8 trustees are responsible for the malntenance and integrity of the corporate and financial information induded on the charitable company's Vbsite. Legislation in the United Klngdom goveming the preparation and di&semination of financial ststements may differ from the legislation In other lurlsdictions. Approval This report has been prepared in accordance with Accounting and Reporting by Charlties: Ststement 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). the Companies Act 2006 and the Charitias Act 2011. Approved by t of Directors on and signed on its behalf by.. Chair
BASSETLAW CITIZENS ADVICE BUREAU INDEPENDEr EXAMINERE REPORT TO THE TRUSTEES OF BASSETLAW CITIZENS ADVICE BUREAU I report to the charlty trustees on my examlnation of the accounts of th8 Company for the year ended 31 March 2024. whlch comprise the Statement of Financial Activities. Balance Sh881, statement of Cash Flov and Notes. Responsibllltles and basls of report As the chaiity's trust88s of the Company (and also its dlrectors for the purposes of company law) you ar8 responsible for the preparation of th8 accounts In ac¢ordanc8 the requIrnents of the Companies Act 2006 (Ihe 2006 Acr). Having satlsfied 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 examinatlon of your chariV8 accounts as carried out under 8e¢lion 145 of the Chafftles Act 2011 {Ihe 2011 Act,). In carrylNJ out my examination I have followed the Dlrectlons given by the Charlty Commission under sectlon 145(5) (b) of the 2011 Act. Independont oxamlnerfs statement Slnce the Companvs gross income exceeded £250,000 your examiner must be a membèr of a body listed In section 145 of the 2011 Act. I confirni that l am quallfied to und8rtake the examinatlon because l am a memb8r of The InsOtute of Chartered Accountsnts in England and Wales. whlch is one of the118ted bodies. I have completed my examinatlon. I confinr* that no matters have com8 lo my attention In connection with the examinatron glving me cause to believe: 1. accounting records not kept in respect of the Company as required by section 386 of Ihe 2006 Act: or 2. th8 a¢¢ounts do not accord with those records: or 3. the accounts do not nPlY the accounting requlrements of section 396 of the 2006 Act other than any requirement that the accounts give a Iru8 and fair viebrf wthlch Is not a matter consldered as part of an indep8ndent examlnation. or 4. the accounts have not been prepared in accordance with the methods and princlples of the Statement of Recommended Practlc8 for accounting and reporting by charities [appllcable to charities preparfng their accounts in accordance wlth the Financlal Reporting Standard applicable In the UK and Republic of Ireland (FRS 102)] I have no concems and have come across no 0th8r matters in connection wlth the examlnation to whlch attentlon should be drawn in this report in order to enable a proper understanding of th8 accounts to be reached. N M Knowles ACA Williams Knowles & Co Chartered Accountsnts Lloyd Chambers 139 Carfton Road Worksop S817AD Dated:
BA&8EfLAW cmzENS ADVICE BUREAU STATEMENT OF FINANCIAL ACTllnTIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Notes Unrestrlcted Restrlcted Funds Funds Totsl 2024 Unrestricted ReStrted Funds Funds Total 2023 INCOME Donalh)ns 3.550 3.550 6.839 6.839 Inwme from ch¥itsbl8 activtties 4b Tl.423 768,018 843.441 44.004 569.221 613,225 Income from other actfvitles 10.003 10,003 818 Inveslmènl income 14.043 14,043 3,886 3,886 Tot•1 Income 95.016 776.021 871,037 55,547 576.957 632.504 EXPENDMJRE Charitable acllvibes 767.215 776.7T8 82.939 590.955 673.894 Totsl 0xndItu10 767.215 776.TT8 82.939 590.955 673,894 Not Incom• l (thlt) forthe yoar 8,806 94.259 27.392 13.998 41,3 Statemont of comprehens1 income Nel Inmme l (defoch) for tho year 85.453 8,806 94.259 (27.392) {13,998) (41.390) Actuarial (defi¢itygaln on defined benefit pension scheme 16 301,OCKI 301,CN)O Total ¢ompvehenslvo Incom• for thg y 94.259 273,608 (13.998) 259,610 Total fuThls brought ford 34S.343 211.838 557,181 44,454 253.117 297.571 Transfers tthen fund$ 14 24.114 {24,1141 27,281 (27.281) Total funds ¢arrled fonvard 454,910 196,530 651,440 345,343 211.838 557,181 The statement of financial activitie9 Indudes all gal and losses in the year. All Income and expenses derive from continuing acllvitles. The annexed notes fffl part of these financial statements.
BASSETLAW CITIZENS ADVICE BUREAU BALANCE SHEET AS AT 31 MARCH 2024 Notes 2024 2023 Flxed Assets Tangibl8 assets 10 760 Current Assets Debtors Cash at bank and in hand 11 46,371 624,560 111,438 458,819 670,931 570,257 Creditors: Amounts falllng due within one year 12 (19,491) (13,836) Net Currnnl As8•ts 651,440 556.421 Total A$t8 l•ss Current Llabllltl•8 651,440 557,181 Net Assets 651.440 557,181 Unrnstrictod Funds Core Fund Designated Reserv8 14 14 364.701 90,209 255.134 90,209 Restrfcted Funds 14 196,530 211,838 Totsl Funds 651.440 557.181 The Directors conslder that the company Is entitled lo exemplion from the requirement to have an audit under the provisions of Seciion 477 of the Companles Act 2006. Members have not required the company. under Section 476 of the Companies Act 2006. to obtsin an audlt forthè year ended 31 March 2024. The Executive Commltt88 acknowledges Its r8$ponslbililies for ensurlng that the company keeps a¢countin9 records whlch comply with Sedion 386 of the Companle$ Act 2006. and for preparing accounts lch gtve a twè and fair view of the stat8 of affairs of the company as at 31 March 2024 and of its excess of Income over expenditure for the year then ended in accordanc8 with the requlrements of Sethon 396. and vthich otherwise comply with the requirements of the Act relating to the accounts so far as applicable to the company. These accounts ha regime. been pr8P8red in accordance wlth thè provisions applicable to companies subject to small companies, A M Deakin Chair Treasurer Dated: 29 The annexed notes form part of these financlal statements. 2024 io
BASSETLAW CrnZENS ADVICE BUREAU STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flow8 from oporating actlvltl•8: Net income l {defjcit) 94.259 {41.390) Adjustments for. Depreciation of tsngible fixed assets Interest from Investments Pension deficlt payment 760 (14,043) 2.500 (3.886) (91,000) Changes in: Trade and other debtors Trade and other credltors 65.067 5.655 (17,763) (4,594) Cash equivalents froml(u8ed) in operations 151,698 (156,133) Net Cash from operating actlvltles 151,698 {156,133) Cash flows from inv•sllng actlvities: Irrterest from Investments Purchase of taNJible fixed assets 14,043 3,886 Net C88h froml(used) in inv8sting activtt 14,043 3.886 Net Incrawl(decreasa) in Cash and $h equlval•nts 165.741 {152,247) Cash and cash equlvalonts at tho boglnnlng of the year 458.819 611,066 Cash and cash equlvalents at the end of tho y8ar 624.560 458.819 li
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GENERAL INFORMATION The charfty is 8 private company limrted by guarantee, registered in England and Wales and a r8gistered charity in England and Wales. The address of the reglstered office is Bassetlaw Citizens Advlce Bureau, 100 - 102 Bridge Str88t, Worksop. Nottlnghamshire. S80 1HZ. STATEMENT OF COMPUANCE The financial ststements have been prepared in accordance IMth Accounting and Reporting by Charities: ststement of Recommended Practice appll¢able to charftFes preparing thelr accounts in accordance with the FinancSal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102). the Financial Repordng Standard appllcab18 in the UK and Republic of Ireland {FRS 102) and the Companles Act 2006. ACCOUNTING POLICIES The principal accounting pollcles adopted, Judgements and key sources of estlmatlon uncertainty In the financial ststements are as follows: Bas18 of preparallon Bas88Uaw Citizens Advice Bureau meets the d6finltion of a publtc benefft entity under FRS 102. Assets and liabilitses ar8 inltially reccKJnlsed at historlcal cost or transaction value unless oth8pMse stated in the relevant accountlng policy note. The financlal statements are prepared In sterling, which is the functional currency of the charity and are rounded to the neare8t pound. Golng Concern The trustees have concluded that the orvJoing levels of Inffle and exp8ndItu, together th the reserves held. provlde sufficient r8sour¢es for th8 charitable company to continue, for at least 12 months from the date of agr8elng these financial statements and therefore the going concem basls of preparatlon, continues lo be appropri8ts. Judgements and key sources of •$tlmatlon uncertainty The pr8paration of the financial stat8m8nts requires management to mak8 judgements, estlmates and assumptlons that afft the amounts reported. These estimates and judg8ments are contlnually reviewed and are ba8ed on experience and other f8¢tors. includlng expectations of futu events that are bellev8d to be reasonable under the clrCumstsns. The nature of estimatlon means that Ihe outcomes could differ from those estimates. The slgnlficant area of estimation unc8rtainty for the charfty has previously included the calculatlon of the pension liabilty. infomiation is includ8d In the accountlng policy pension not8 below and also note 16 In respect of the comparative figures. The only other area of estimation uncertainty relates to the useful lives of fixed ass8ts and depreclatlon. Fund accountlng Unrestrlct8d funds are available for use at the discretion of the trustees in furtherance of the general objectives of thè charity. Deslgnated fvnds ar8 unrestricted funds eannarked ty the Board of Trustees for parbcular purposes. Restricted funds a subject to festrictrons on th8lr expenditure Imposed by the donor. 12
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL STATEMEps FOR THE YEAR ENDED 31 MARCH 2024 Income All income is Induded in the Ststement of Financial Activltles when the charity is entiued to the income and the amount can be quantified with reasonable accuracy. The following spedfic polrcies are applied to particular categories of income: Voluntary income is received by way of grants. donations and gifts and is included in full in th8 Statement of Financial Actlvitses en receivable. Grants, where entiuement is not conditional on the delivery of a specific perfonnanGe by the charity. are recognised when the chaiity becomes unconditionally entitled to grant. tjonaled seriices and facilities are induded at the value to the charity vthere Ihis can be quantified. The value of services provided by volunteer5 has not been included in these 8ccounts. Invesbment Fnci)me is included when reIVable. - IncoTh from grants, where related to performan and specific deliverables. are accounted for as the charity 6ams the ht to consideration by its rfornnCe. Expenditure Expenditure is recconised on an accruals basis as a liabilty is incurred. Expendiiure includes any VAT thich cannot be fulty recovered. end is reported as part of Ihe expenditure to which it relatss: - Costs of generating funds comprise the costs assoclated with attracting voluntsry Sncome. Charitsble expenditure comprises those costs Incurred by the d*rity in the delivery of its activities and services for its beneficlaries. It includes both costs that Can be aifocated dlrecty to Such activitl8s and Ih08e costs of an Indirect nature necessary lo support them. - Goveman¢8 Costs include those costs associated bwth me8tlng the constitutional and statutory requirements of the chaiity and Include the accountsncy fe8s and Costs linked to the strateglc management of the charity. All Costs are allocated betrRen the exp8ndlture categories of the SOFA on a basis designed to reflect Ihe use of the resour¢e. Costs relatlng to a particular activity are allocated direth. others are aPPOrtned on an appropriate basls e.g. floor arèas, per capita or estlmal8d usage. Tanglblo flxed a88ets Tangible fixed ass8ts are ststed at cost18ss depreciation. Items are capttalised rf they have an economic lffe In exce88 of one year and cost at least £1,01)0. Depr8¢iation is provided at rates ¢alculaled to wrlte off the $t or valuation of fixed assets, lass their estimat8d residual value. over th81r exp6Cted useful IIv8s on Ihe following basis: Fixiures and fittings 200/0 straight line Office equipment 20% straight line Computer equipment 25% strdight line Leaslng Rentsls applicable to operating leases where substsntially all of the beneffts and risks of ownership remain with the lessor are included in expenditure as incurred. Pensions Defined benellt scheme The charity previously participated in a multi employer defined benefit scheme. operated by Nottinghamshire County Council. The cost of the defined benefit pension plan and the present value of the pension obligation are determined uslng actuarial valuations. An actuaria5 valuation involves making various assumptions that may differ from actual outcomes. These include the detemiination of the discount ratè. future salary increases. mortalty rates and future pension increases. Due to th8 complexities involved in the valuation and its bng lenn natu. a defined benefit obligation is highly sensitive to changes in these assumptlons. 13
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL sTATEME[s FOR THE YEAR ENDED 31 MARCH 2024 The dellned benefft scheme is fund8d, the assets of the scheme held s8parat8ly from those of the charfty. Pension heme assets are measured at fair value and Ilabilltles ar8 measured on Ihe actuarial basis as desuibed above. The resulilng defined benefit asset or liabillty Is pres8nt8d separately after other net ass8ts on the face of the balance sheet. For th8 year ended 31 March 2024 the employers contribuiions to the sch8m8 amounted to £nil (2023 £1.779). and contributions towards th8 deficit of £nil (2023- £3.670). In February 2023, all ongoing contrlbutions to the scheme ceased and the charfty agreed a setuement figure wlih the scheme for the fundlng of its share of the deficit amounling to £91.000. flned contribulion schem• Contributlons to defined contributlon plans are rewnised as an expense in the period In whlch the related service Is provkled. Prepaid contrlbutlons are recognised as an asset to the extent that the prepayment will lead to a redtIOn in future paym8nts or a cash refvnd. The charity has ¢)pted to use NEST for auto enrolment pension scheme. The employers contributions in the year amounted to £12,092 (2023- £11,751). Flnanclal Instruments A finandal asset or a financial liabilty is recognlsed only vthen the entity becomes a paty to the contractual provlslons of the instrument. BasFc finandal Instruments are initially recognised al the transaction pric8, untess the arrangement constitutes a Ilnan¢4ng transaction, where it is recognised at the pres8nt value of the fvture payments dlscounled at a market rate of interest for a similar debt instrument. Cash and cash equivalents, cash Is represented by cash in hand held vrith finandal Institutions. D8blors, short terni debtors are m8asured at the transaction price less any ImpalmienL Creditors. short temi creditors are measured at the transactlon pri¢e. 14
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME Total 2024 Totsl 2023 Unrestricted Restricted Donatlons Trust fund donation Heart of England Foundation Joint Initlatlves fijnd Other donatlons 2.000 2.291 2.427 121 2,IXIO 2.000 1.550 3,550 3,550 6.839 b. Income from charltable actlvltle8 NottiTrJh8mshlre County Coundl Bassetlaw District Councll Bassellaw District Council- New projects Bassellaw District Council - Core Bassetlaw Distrkl Council - BCVS- Communllles fund Bassetlaw Distrid Council - Cost of Llvlng Bassetlaw Dlstrict Council - Welfare rlghts 26.667 26,667 28.460 29.149 20.000 30.000 20,000 30,000 5,091 5,091 95.640 9,950 18,401 500 133.651 372 Broxiowe Cltlzens Advice- Earty Interventton ProJ8Ct Citizens Advk8- Early adoption Citizens Advlce- Energy Redress Citizens Advice-H8lp to Claim Citizens Advice -En8rgy CIL4 Citizens Advice - Cost of Llvlng Citizens Advice - Pot 1 citlzens Advice- EAP I EOP CIiIz8ns Advice- Other DWP Krckstart NottiTrJhamshlre County Council - BroxIoN Elw Money Advice & Penslons Service Ma¢millan Cancer Support NHS Nottingham and Nottinghamshlr8- ICB Nottlnghamshire County Council - Hous8lK>ld Support Energy Savlng Trust National Lottery Community Fund The Access to Justlce Foundation Westem Power Thomas Faff Trust Fund 18,953 18.953 15.000 40.934 34.971 40,934 34,971 15,000 756 756 18.665 2,317 151,229 107.171 73,125 25.134 181.007 30,446 2.317 151.229 107,171 73,125 25,134 181.007 30.446 159.074 107,186 10,267 14.672 5,000 77,423 766,018 843.441 613,225 c. Income from oth•r acllvltles Funding for clients Kickstart Oiher income 8.309 8.309 7.606 1.694 1.694 10,003 10,003 8,554 15
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Totsl 2023 Unrestrict8J Restricted 2024 Investhient Irw Bank Int8rest receivable 14.043 14,043 3,886 Unrestrlcted 5. Expendltu Allo¢kn ba•ls charIL10 Acllvlties Cbent Payments Proied partner pants Tewione Prlnt post & o T•tsi 7.139 7.819 4.144 3.761 19.020 2,164 8.851 919 589 1.373 436 324 1.072 1.686 13.522 2,194 10 324 199 Infonnatk)n. Publl(ation$ & Computsr costs Insurance 17.719 3.669 102.991 22 4,111 3,751 760 1,522 1.177 3.081 5,224 28.669 25.694 1.810 581,944 138.254 126.142 1.691 179.065 146.722 693,174 Trninlng Preml8es $ts Voluntgwexpen¥gs Depredglkyt Legal & Prof05Ional r expen8e$ Support tharyes •aual 2.589 6,700 3.962 3.196 3,895 •#ual 1,706 1.926 6.(68 swrirr {140.804) 29,962 27.308 34.891 4,1CK) 172,486 158,297 219.800 212,829 767,512 660.244 Govemanco A¢c#)untancy Indwndent examlnation thi Pension advi aL#u•l Bonk tharges & 7.173 750 5,324 850 355 143 {3.753) 357 81 Support tharges Sbff Irr* 951 5.463 947 951 9.266 13,650 Total expanditure 9.563 173.328 159.244 220.751 213.892 776.778 673.894 Support charges Charflablo actlvltles Salartes Stsff 8 voluntggr exp Office oxpen Promlses costs Other c45ts {99,246) (1.960) (35.281) (3,724) {593) 20.293 456 8.184 893 136 18.137 23,897 36.919 554 9,908 7.830 782 137 9,359 975 152 168 (140,804) 29.962 27,308 34,891 16
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Net Incomlng Resources for th• y•ar 2024 2023 This is ststed after charging: Depreciation of ffixed assets- for use by the charity Independent examiners fe8 Accountancy fees paid to independent examin8r Payroll prc¢esslng fees paid to independent examlner 760 2.500 750 1.354 1.486 1,415 1,593 Oth8r consultants accountancy fees 4,860 4.333 Staff costs and numbers Induded in staff costs Vre the folloMryng: Salaries and pensions Social secuiity costs Employment Allowan (Xher staff costs 646.436 44,225 (5,000) 13,468 548.695 35.117 (5.000) 8.707 699,129 587,519 No employee received emoluments of more than £60,000. The average number of employees during the year was as follows: Number Number Activtties in the furtheran of the charftys obJ8cts 37 Trustee Remunoratlon & Related Party Tronsacllons No members of the Board of Trustees received any remuneration during the year. Trust88 expenses We as follows: Number of Irustees who paid expenses Amounts paid Travel Also paid on behalf of all trustees was an indemnity insurance: Indemnty Insurance 369 Thé Board of Trustees has a representative from Bassetlaw Distrlct Councll vtho Is a non-voting member. The Charlty r8c8ives grants from Bassetlaw Distrtct Council as listed in note 4. There Vre no disclosable related party transactbns during th8 yèar {2023 - none) TatIon Ba&setlaw Citizens Advice Bureau is a reglst8r8d charity and as such is a charity within the meaning of schedul8 6 of the Flnanc8 Act 2010. Accordingty. it is potentially entiued to tax exemptlon under part 11 of the Corporalion Tax Act 2010 or s8Ctlon 256 of the Taxation of Chargeable Gains Act 1992 in respect of Income and gains arising. 17
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10. Tanglble Flxed Assets Computers and Office Equipment Fixtures & Fittings Total COST At 1 April 2023 Additions Disposals 5.597 48,871 54,468 At 31 March 2024 5,597 48,871 54,468 ACCUMULATED DEPRECIATION At 1 April 2023 Charge for the year Eliminatsd on disposal 4,838 759 48,870 53,708 760 At 31 March 2024 5,597 48,871 54.468 NET BOOK VALUE At 31 March 2024 At 31 March 2023 759 760 2024 2023 11. Debtors Prepayment8 Debtors 2.357 44.014 2.838 108,600 46.371 111,438 2024 2023 12. Creditors: Amounts falling due within one year Accruals & deferred income Other creditors 16.893 2.598 11,729 2,107 19.491 13.836 18
BASSETLAW CITIZENS ADVICE 8UREAU NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Analysls of Net As88ts Between Funds Unrestrfjcted Funds Restrlcted Funds Totsl Funds Current assets CuTrent liabilities 463.783 (8,873) 207,148 {10,618) 670.931 (19.491) Net assets at 31 March 2024 454.910 196,530 651,440 Movement in Funds At 1 April 2023 At 31 March 2024 Incoming Outgoing Resources Resources Transfers Restricted Funds: Money Advice & Pensions Service Welfare Rights Bassetlaw- Macmillan Bassetlaw District Council - Welfare Rights Energy Redress Energy Citizens Advice Notts County Coundl - PSRF 14.992 41.533 27.749 34,977 18,787 23,087 9,950 13 12.928 152,923 107,171 173.328 113.532 45.576 190.211 5.413 35.172 77.813 25,773 4,431 181.007 34.971 (18,787) {23.087) 2,994 12.944 7.139 17,519 589 28,839 5.087 20.659 61.209 Client disl>urnements Cost of Livlrg Crisis Trust Funds Citizens Advice- Pot 1 Better Care Broxtowe Elw NHS Nottingham and Nottinghamshlre ICB BCVS - Communitles fund The National Lottery- Cost of Lmng Household Support Fund {M) Warsop PC 8.309 1,183 4.591 4.411 12,095 3,663 10,662 16,236 5,091 40.934 8.750 9,752 4,320 21,270 73.125 5.091 30,446 25.134 299 34,572 25,139 322 10 4,126 322 10 211,838 776,021 767.215 (24,114) 196,530 Unrnstrlcted Funds: Core Fund Designated Reserve Fund 255.134 90.209 95.016 9,563 24.114 364.701 90.209 Total funds 557.181 871.037 776,778 651.440 of Reslrfcted Funds Money Advice & Penslons Servlce Grant rec8iV8d for the provislon of debt advice servlces. regulated through the Financral Conduct Authority (FCA) throughout Bassètlaw and other areas as defined. Welfare Rlghts Bassellaw- Macmlllan Grant to deliver welfare rigms advice to people affected by cancer and thelr families andlor for those r8¢eiving palllative care. 19
BASSETLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL sTATEMErs FOR THE YEAR ENDED 31 MARCH 2024 Energy Redress This financial year incorporates our r8placement energy project (Energy Advlce on Prescriptlon) funded from 1 September 2022 to 31 August 2024 to provlde èxpert, tallor8d energy advice and support to assist vulnerable consumers In Bass8tlaw to make b8tt8r decisions and improve their current energy situationlcrisis. Bassetlaw Communlty Voluntary Sèrvice (BCVS)- Communltlas Fund {UKSPF- UK Shared Prosperfty Fund) Community Advi & Support- Thriving Togetherf project to 31112124 focuss6d on reaching hard to rea¢h'. vulnerable people and removing barriers in accessing advice services. To address inequalities, motivate change. improve life chances. increase economically active lives, by providing direct support and volunteer opportunities in the targeted high deprivalion areas. Boots Foundatlon r Help with Hardship project will reach and support more Bassetlaw residents negatively affected by the ffinanGial impact of the cost of living crisis We will do this by helpinglempowering individuals to find the root cause of the problem and explore solutions to maximise incomelreduce expenditure. Cltlzens Advlce Cantral Nottg (Lead for National Lottery) - Early Intsrvontlon Worker Fundiry provided a consortium of Nottinghamshire Local Citizens Advice. Fundir¥J is lo ensure that vulnerable people with multiwcomplex issues have an Early Interyention Worker to act as a guide, to consolidate and organise an advke package across different services and oDJanisations. Chang•, Grow. Uve (CGL) - Earty Interventlon Worker (Led by Clllzan$ Advic• Central Notts Fundlng provided via a consortlum of Nottinghamshire Local Citizens Advlce. Fundlng Is to ensure that vulnerable people with multl complex issues - linked with drug and alcohol addlctions have an Eaty Intervention W00r to ad as a guide, to consolidate and organlse an advlce package across diffvrent servlces and organisallons Citiz•n6 Advlce Inatlonal) Pot 1- Innovallon To fund creative inftiatives In s8Nlce delivery that support dients through the cost of living crfsls, via any channel or mlx of channels (remote andlor face-to-face. Cllent DISburm•nts Following a detailed assessment of an individual to establish the level of hardshipfunding to provide yctfic goods to irKlividuals (purchased by BCA and ordered for delivery to the client. Household Support Fund {Bas8ellaw Dlstrfet Coun¢iVN¢)tts County Councll) BCA as a referral partner to support individuals and organisations to the Household Support Fund. to provide advice and support on identifying the rool cause of the issue causing hardship to the individual - a govemment fund to support low income eligible people through the cost of living crisis. citlzens Advice Eneryy Projects Supported by a variety of funders to deliver energy advice specrfic projects including Energy Advice Project (EAP), Energy Outreach Project (EOP). Regional Energy Lead (REL) for East Midlands district- to provide elements of energy a(fvice savings and efficiencies lo empower individuals to tske control of their energy bills, via appointments and presentstions to front-line workers and consumers. The National Lottery Community Organisatlons Cost of Llvlng Fund To enable expanston of our seNice. so thal more people can be supported and our walting lists reduced. Additionally, the recruitment and training of 13 new volunteers. 20
BASSEfLAW CITIZENS ADVICE BUREAU NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Bassetlaw Dlstrlct Coundl - Cost of Uvlng Support- MonesrfBen•fits caseworker BCA to receive referrals from the beneffts servsGe. on a pre-approved form in respect of clients who hav8 requested or have been proactively identified as eligible for vouchers for food andlor fud under the scheme. Cost of Llving Response Grant (Bassetlaw Dlstrict Councll) To assessnriage people affected by the Cost of Liviru crisis by a mixture of channels. Integrat•d Care Board (ICB) Grant received lo ensure that effective debt support advice and income maxlmlsalion support is offered to indivlduals eyrfenciThJ mental ill health lo improve qualty of lrfe, increase and improv8 eagern8nt viith seNi¢es. increase whole health and self-management in order to promote recovery and wellb81ng. Trust Funds The Trust Funds w8 received cover separate elements vthlch Include provlslon for; advice, 8UPPOrt and trainlrYJ for people affected by mental health Issues, hardship, volunteer recruitm8ntltraininglsuperv•sion. Transfers fromlto rnstrl¢t•d fund8 Transfers have been made from restricted funds to the general fund %there proiects have been completed In the year and funders have agreed that amounts will not be dawed back. An element of these underspends relate to management time and provision of assets to undertake the projects. Transfers have been made lo the restricted funds from the general fund to cover some of the Oversp on projects. 15. Flnanc• leasos and hlre purchase contracts The Charity had total future minimum lease payments under finance18ases and hire pur¢haBe contracts are as follows: 2024 2023 Equlpm•nt Within on8 year Two to five years 792 3,168 21