| Page | |||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Report of the Directors/Trustees | |||
| Statement of Financial |
Activities | 10 | |
| Balance Sheet | |||
| Gashflow | 13 | ||
| Notes to the Financial | Statements | 14 | |
| Independent Auditors |
Report | 25 |
| Directors/Trustees: | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Jane Mordue | Chair | ||||||||
| Russell Carpenter John Whiteley Tony Tagent Farrukh Siddiqi |
Company Trees Urer Treasurer Treasurer |
Secretary | (appointed (resigned (appointed (appointed |
1 | 11'"August 2021, resigned 20'"August 2022) 1'"November 2021) 16'"November 2021, resigned 7'"January 2022) 14'"April 2021) |
||||
| Tessa Castle Julian ingram Karen Satterford |
(appointed (appointed (appointed |
16'"November 2021) 12'"May 2021) 12'"May 2021) |
|||||||
| Susan Webster | (appointed | 14'"April 2021) | |||||||
| Tony Bull | |||||||||
| Nahida Khatun |
|||||||||
| Diana Davis | |||||||||
| Lesley Wilkin John Beckerleg Ciaire Grant |
(resigned (resigned |
11'"August 2021) 23" August 2021) |
|||||||
| Company Secretary: |
Russell Carpenter (resigned 20'" August 2022) |
||||||||
| Chief 0fficer: | Thalia Jervis | ||||||||
| Registered 0%ca: |
2 Pebble Lane | ||||||||
| Aylesbury | |||||||||
| Buckinghamshire HP20 |
|||||||||
| 2JH | |||||||||
| Company Number: |
06693405 | ||||||||
| Charity Number: |
1126825 | ||||||||
| Independent Auditors: |
Asets ~Ad' | Services | |||||||
| Suites B8 D | |||||||||
| Bumham Yard |
|||||||||
| Beaconsfield | |||||||||
| Buckinghamshire | |||||||||
| HP9 2JH | |||||||||
| BANK: | CAF Bank Limited | ||||||||
| West Mailing | |||||||||
| Kent | |||||||||
| WEBSITE: | htt s:/citizensa vicebucks. |
or .uk/ |
| Unrestricted | Restricted | TOTAL | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| Notes | |||||||
| INCOME AND EXPENOITURE | |||||||
| Incoming Resources |
|||||||
| Incoming resources |
from generated | funds: | |||||
| Grants | 475,141 | 857,353 | 1,332,494 | 442,7SS | |||
| Donations and |
Fundraising | 7,810 | 5,423 | 13,233 | 7,921 | ||
| Assets donated | from CA High | Wycombe | 18 | 308,341 | 22,039 | 330,380 | |
| Assets donated | from CA Chiltem | 18 | 195,958 | 52,689 | 248,647 | ||
| Voluntary income total |
987,250 | 937,504 | 1,924,754 | 450,720 | |||
| Investment income |
421 | 421 | 1,006 | ||||
| Other income | 440 | 440 | 27,386 | ||||
| Total Incoming Resources | 988,111 | 937,504 | 1,925,615 | 479,112 | |||
| Resources Expended |
|||||||
| Charitable activities |
|||||||
| Payroll | 391,346 | 686,061 | 1,077,407 | 233,760 | |||
| Support costs | 133,684 | 263,618 | 397,302 | 171,957 | |||
| Charitable activities |
total | 525,030 | 949,679 | 1,474,709 | 405,717 | ||
| Governance costs |
12,370 | 12,370 | 2,270 | ||||
| Total Resources Expended |
537,400 | 949,679 | 1,487,079 | 407,987 | |||
| Net Income/Expenditure | 450,711 | (12,175) | 438,536 | 71,125 | |||
| Transfers between |
funds | ||||||
| Net Movements in |
Funds | 450,711 | (12,175) | 438,536 | 71,125 | ||
| Total Funds brought | forward | 16 | 253,681 | 64,762 | 318,443 | 247,318 | |
| Total Funds carried | forward | 704,392 | 52,587 | 756,979 | 318,443 |
| Unrestricted | Restricted | TOTAL | 2020 | ||
|---|---|---|---|---|---|
| Funds | Funds | ||||
| INCOME AND EXPENDITURE |
|||||
| Incoming Resources |
|||||
| Incoming resources from generated |
funds: | ||||
| Grants | 158,901 | 283,898 | 442,799 | 347,976 | |
| Donations and Fundraising |
1,591 | 6,330 | 7,921 | 12,688 | |
| Voluntary income total |
160,492 | 290,228 | 450,720 | 360,664 | |
| Investment income |
1,006 | 1,006 | 1,357 | ||
| Other income | 27,386 | 27,386 | 12,116 | ||
| Total Incoming Resources |
188,884 | 290,228 | 479,112 | 374,137 | |
| Resources Expended |
|||||
| Charitable activities |
|||||
| Payroll | 98,330 | 135,430 | 233,760 | 244,769 | |
| Support costs | 56,826 | 115,131 | 171,957 | 105,556 | |
| Charitable activities total |
155,156 | 250,561 | 405,717 | 350,325 | |
| Governance costs |
927 | 1,343 | 2,270 | 1,920 | |
| Total Resources Expended |
156,083 | 251,904 | 407,987 | 352,245 | |
| Net Income/Expenditure | 32,801 | 38,324 | 71,125 | 21,892 | |
| Transfers between funds |
(2,571) | 2,571 | |||
| Net Movements in Funds |
30,230 | 40,895 | 71,125 | 21,892 | |
| Total Funds brought forward |
223,451 | 23,867 | 247,318 | 225,426 | |
| Total Funds carried forward |
253,681 | 64,762 | 318,443 | 247,318 |
| 2022 | 2022 | 2021 | 2021 | |||
|---|---|---|---|---|---|---|
| Notes | F | |||||
| FIXEDASSETS | ||||||
| Tangible assets | ||||||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 148,965 | 54,230 | |||
| Cash at bank and | in hand | 839,304 | 423,117 | |||
| 988,269 | 477,347 | |||||
| CREDITORS | ||||||
| Amounts falling due within one year |
11 | 231,290 | 158,904 | |||
| NET CURRENT ASSETS | 756,979 | 318,443 | ||||
| TOTAL ASSETSLESSCURRENT | LIABILITIES | 756,979 | 318,443 | |||
| THE FUNDS OF THE CHARITY | ||||||
| Unrestricted funds |
16 | |||||
| -designated | ||||||
| -general reserve | 704,392 | 253,681 | ||||
| 744,392 | 253,681 | |||||
| Restricted funds | 16 | 52,587 | 64,762 | |||
| 756,979 | 318,443 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| R | ||||||
| Cash flows from operating activities |
||||||
| Net income for the reporting period |
438,536 | 71,125 | ||||
| (as per the statement of financial activities) |
||||||
| Depreciation charges |
2,364 | |||||
| Dividends, interest and rent from investments |
(421) | (1.006) | ||||
| (Increase)/decrease in debtors |
(94,735) | (33,866) | ||||
| Increase/(d ecrease) in creditors |
72,386 | 76,937 | ||||
| Net cash (used in) operating activities |
415,766 | 115,554 | ||||
| Cash flows from investing activities: |
||||||
| Dividends, interest and rent from investments |
421 | 1,006 | ||||
| Proceeds from sale of fixed assets | ||||||
| Purchase of fixed assets investments | (2,364) | |||||
| Net cash (used In) Investing activities |
421 | (1,358) | ||||
| Change in cash and cash equivalents |
In the | year | 416,187 | 114,196 | ||
| Cash and cash equivalents at the beginning |
ofthe year | 423,117 | 308,921 | |||
| Cash and cash equivalents at the end |
ofthe | year | 839,304 | 423,117 |
| 4. OPERATING SUR | PLUS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| The net income resources | is stated after charging: | ||
| Depreciation | 2,364 | ||
| Audit (2021: Independent | examination) | 10,800 | 2,270 |
| Accountants - payroll services |
960 | 960 | |
| Operating lease rentals |
59,890 | 28,535 | |
| Trustees expenses |
35 |
| 6. INCOME | |||||||
|---|---|---|---|---|---|---|---|
| 2021/22 | 2020/21 | ||||||
| ~Ure jcteg |
|||||||
| Bucks Council | (2021:Aylesbury | Vale | DC) - Core Advice Service | 430,760 | 142,500 | ||
| Assets acquired from High Wycombe |
and Chiltem CABs on merger | 504,299 | |||||
| Other income | 52,171 | 45,378 | |||||
| 987,250 | 187,878 | ||||||
| Jesuit'c erI | |||||||
| Thomas Hickman Charity |
12,500 | ||||||
| Buckingham University - |
outreach | 750 | |||||
| Specific private | donations | 6,330 | |||||
| Help to Claim (formerly Universal |
Credit/Support) | 120,604 | 55,691 | ||||
| Virus crisis | 4,000 | ||||||
| Covid-19 Response | 2,700 | ||||||
| Helping More People Together |
10,000 | ||||||
| Rothschild (merger costs) |
16,667 | ||||||
| National Lottery advice line |
28,521 | ||||||
| The Clare Foundation | 6,667 | ||||||
| Adviceline -The |
Clare Foundation | 20,000 | |||||
| Adviceline -Other |
15,000 | ||||||
| Pension Wise | 216,974 | ||||||
| Money Advice | - We are Digital | 12,056 | |||||
| Money Advice | - Paradigm | 30,000 | |||||
| Money Advice | - BCTrailblazer | 25,000 | |||||
| Money Advice | - People's | postcode lottery | 19,446 | ||||
| Money Advice | - BCCaseworker | 6,566 | |||||
| Money Advice | - Winslow | Town Council | 12,500 | 2,270 | |||
| Money Matters | (formerly | Reaching | Communities) | 117,340 | 125,382 | ||
| Money and Pensions Service | 75,717 | ||||||
| Outreach & home advice |
(formerly | Home Visiting) - BACAB | 25,000 | 18,750 | |||
| Outreach & home advice |
(formeriy | Home Visiting) - NHS Oxford | 33,750 | ||||
| Debt Capacity | Building (incl. Rothschild) |
94,063 | |||||
| Energy Advice | 9,780 | ||||||
| Other restricted |
funds | 28,980 | |||||
| Assets acquired | from High Wycombe | and Chiltem CABs on merger | 74,728 | ||||
| 937,504 | 290,228 | ||||||
| Total voluntary | income | 1,924,754 | 478,106 |
| 7. CHARITABLE ACTIVITIES | ||
|---|---|---|
| 2022 | 2021 | |
| (A) STAFF COSTS | ||
| Salaries | 973,150 | 211,658 |
| Social security costs | 67,117 | 11,126 |
| Pension costs | 37,140 | 10,976 |
| 1,077,407 | 233,760 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| (8) SUPPORT COSTS | ||||
| Telephone, IT and information |
118,299 | 10,764 | ||
| Consultancy & payroll |
fees | 78,305 | 960 | |
| Rent, rates and water | 74,584 | 26,240 | ||
| Stationery, equipment |
&office expenses | 44,561 | 6,972 | |
| Cleaning, repairs and |
maintenance | 26,335 | 7,539 | |
| Recruitment, travel and |
training | 24,051 | 25,776 | |
| Insurance, heat, light |
&storage | 12,817 | 6,967 | |
| Sundry expenses | 14,367 | 140 | ||
| Legal and professional | fees | 3,778 | ||
| Bank chases | 205 | |||
| Partnership payments |
37,045 | |||
| Merger collaboration | costs | 47,119 | ||
| Depreciation | 2,364 | |||
| 397,302 | 171,957 |
| 8. GOVERNANCE C | OSTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Audit (2021: independent | examination) | 10,800 | 2,270 |
| Trustee expenses | 35 | ||
| Other | 1,535 | ||
| 12,370 | 2,270 |
| 9. TANGIBLE FIXED | ASSETS | |||
|---|---|---|---|---|
| Office | Computer | |||
| equipment | equipment | Totals | ||
| R | ||||
| COST | ||||
| At 1 April 2021 | 7,442 | 17,148 | 24,590 | |
| Additions | ||||
| Written off | (7,442 | 17,148 | (24,590) | |
| At 31 March 2022 | ||||
| DEPRECIATION | ||||
| At 1 April 2021 | 7,442 | 17,148 | 24,590 | |
| Charge for year | ||||
| Written off | (7,442) | (17,148) | (24,590) | |
| At 31 March 2022 | ||||
| NET BOOK VALUE | ||||
| At 31 March 2022 | ||||
| At 31 March 2021 | ||||
| 10.DEBTORS | ||||
| 2022 | 2021 | |||
| R | P | |||
| Prepayments and accrued |
income | 148,965 | 54,230 | |
| 148,965 | 54,230 |
| 2022 | 2021 | ||
|---|---|---|---|
| Oeferred | income | 114,178 | 109,506 |
| Taxation | and social security | 19,434 | 4,814 |
| Pension contributions | 5,338 | 1,544 | |
| Staff pay | 552 | ||
| Staff holiday pay accrual | 15,135 | 8,725 | |
| Other creditors and accruals |
77,205 | 33,763 | |
| 231,290 | 158,904 | ||
| 12.DEFERRED INCOME | |||
| 2022 | 2021 | ||
| R | |||
| Balance | at 1 April 2021 | 109,506 | 58,500 |
| Additions | during the year |
170,047 | 109,506 |
| Amounts | released to income | (165,375) | (58,500) |
| Balance | at 31 March 2022 | 114,178 | 109,506 |
| 2022 | 2021 | |
|---|---|---|
| f | f | |
| Within one year | 30,300 | 22,785 |
| Within two and five years | 7,279 | |
| In more than five years |
| Balance | Income | Expenditure | General | Balance | |||||
|---|---|---|---|---|---|---|---|---|---|
| b/fwd | subsidy | b/fwd | |||||||
| Restricted Funds |
|||||||||
| Advice line (form ehy | NL | advice line) | 17,866 | 35,000 | (46,093) | 6,773 | |||
| Outreach 8 home advice Home Visiting) |
(formerly | 4,295 | 58,750 | (61,020) | 2,025 | ||||
| Help to Claim (formerly Credit) |
Universal | 5,132 | 128,320 | (133,452) | |||||
| Emergency Accom./support |
2,000 | (2,000) | |||||||
| Thomas Hickman Charity |
1,415 | (1,415) | |||||||
| Covid-19 Response working equipment) |
(remote | 460 | 1,001 | (1,461) | |||||
| Specific private donations | 200 | (200) | |||||||
| Other restricted | 28,980 | (28,845) | 135 | ||||||
| CA Bucks | 4,805 | (4,805) | |||||||
| Pension Wise | 216,975 | (216,975) | |||||||
| Money Advice | 5,697 | 107,640 | (113,337) | ||||||
| Money Matters (formerly Communities) |
Reaching | 27,697 | 146,838 | (173,534) | 1,001 | ||||
| Money and Pensions | Service | 78,556 | (78,556) | ||||||
| Debt Capacity Building |
94,063 | (54,063) | 40,000 | ||||||
| BEISRAMP | 8,516 | (8,516) | |||||||
| Energy Advice | 28,060 | (25,407) | 2,653 | ||||||
| 64,762 | 937,504 | (949,679) | 52,587 | ||||||
| Unrestricted Funds |
|||||||||
| General: | |||||||||
| General reserves (incl. acq'd unrestricted funds) |
253,681 | 557,331 | (70,463) | (36,157) | 704,392 | ||||
| BC - Core | Advice service | 430,780 | (466,937) | 36,157 | |||||
| 253,681 | 988,111 | (537,400) | 704,392 | ||||||
| 318,443 | 1,925,615 | (1,487,079) | 756,979 |
| Balance | Income | Expenditure | General | Balance | ||
|---|---|---|---|---|---|---|
| b/fwd | subsidy | b/fwd | ||||
| Restricted Funds |
R | R | ||||
| Advice line (formerly NL advice line) |
28,521 | (10,655) | 17,866 | |||
| Outreach & home advice (formerly Home Visiting) |
1,221 | 25,080 | (22,006) | 4,295 | ||
| Help to Claim (formerly Universal Credit) |
6,220 | 55,691 | (56,779) | 5,132 | ||
| Buckingham University |
750 | (1,136) | 386 | |||
| Emergency Accom./support | 2,000 | 2,000 | ||||
| Thomas Hickman Charity |
12,500 | (11,085) | 1,415 | |||
| Virus Crisis | 4,000 | (4,075) | 75 | |||
| Covid-19 Response (remote working equipment) |
2,700 | (2,240) | 460 | |||
| Helping More People Together |
10,000 | (12,110) | 2,110 | |||
| Specific private donations | 200 | 200 | ||||
| Money Advice (incl. William Harding & Winslow TC) |
5.424 | 2,270 | (1,997) | 5,697 | ||
| Money Matters (formerly Reaching Communities) |
8,802 | 125,382 | (106,487) | 27,697 | ||
| Rothschild | 16,667 | (16,667) | ||||
| The Clare Foundation | 6,667 | (6,667) | ||||
| 23,867 | 290,228 | (251,904) | 2,571 | 64,762 | ||
| Unrestricted Funds |
||||||
| Designated | 14,000 | (14,000) | ||||
| General | ||||||
| General | reserves | 209,451 | 46,384 | (15,388) | 13,234 | 253,681 |
| AVDC - Core Advice | service | 142,500 | (140,695) | (1,805) | ||
| 223,451 | 188,884 | (156,083) | (2,571) | 253,681 | ||
| 247,318 | 479,112 | (407,987) | 318,443 |