| Contentsofthe Financial Statements | |||
|---|---|---|---|
| for theyearended31March2023 | |||
| Page | |||
| ReferenceandAdministrative Details | |||
| Reportofthe Trustees | 2 | to | 5 |
| Independent Examiner'sReport | 6 | ||
| StatementofFinancial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 18 |
| Detailed StatementofFinancial Activities | 19 |
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 5,581 Charitable activities 5 Bureau services 414,856 Investment income 4 1,012 Total 421,449 --- EXPENDITURE ON Charitable activities 6 Bureau services 487,024 NET INCOME/(EXPENDITURE) (65,575) Transfers between funds 16 36,730 Net movementinfunds (28,845) RECONCILIATION OF FUNDS Total funds brought forward 200,555 TOTAL FUNDS CARRIED FORWARD 171,710 --- |
Restricted funds £ 297,929 --- 297,929 --- 261,687 --- 36,242 (36,730) (488) 3,606 3,118 --- |
2023 Total funds £ 5,581 712,785 1,012 |
2022 Total funds £ 13,227 740,396 215 |
|
|---|---|---|---|---|
| 719,378 | 753,838 | |||
| 748,711 | 749,879 | |||
| (29,333) (29,333) 204,161 174,828 |
3,959 | |||
| 3,959 200,202 204,161 |
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand CREDITORS Amounts falling due within one year NET CURRENT ASSETS Notes 12 13 14 Unrestricted funds £ 3,018 36,070 179,464 215,534 (46,843) 168,691 TOTAL ASSETS LESS CURRENT LIABILITIES 171,709 NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS 171,709 --- --- 16 |
Restricted funds £ 397 2,722 2,722 2,722 3,119 3,119 |
2023 Total funds £ 3,415 38,792 179,464 218,256 (46,843) 171,413 174,828 174,828 171,709 3,119 174,828 |
2022 Total funds £ 10,649 24,095 250,103 274,198 (80,686) 193,512 204,161 204,161 |
|---|---|---|---|
| 200,555 3,606 204,161 |
| Cash flows from operating activities Cash generated from operations Notes Netcash (used in)/provided by operating activities Cash flows from investing activities Purchaseoftangible fixed assets Interest received Netcash used in investing activities Changeincash and cash equivalentsinthe reporting period Cash and cash equivalentsatthe beginningof the reporting period Cash and cash equivalents at the endofthe reporting period |
2023 £ (70,049) (70,049) (1,602) 1,012 (590) (70,639) 250,103 179,464 = |
2022 £ 109,798 109,798 (7,040) 215 (6,825) 102,973 147,130 250,103 |
|---|---|---|
| 1. RECONCILUTIONOF NET (EXPENDITURE)/INCOMETONET CASH FLOW FROM OPERI ACTIVITIES |
\TING |
|---|---|
| 2. Net (expenditure)/income for the reporting period (as per the Statementof Financial Activities) Adjustments for: Depreciation charges Interest received (Increase)/ decrease in debtors (Decrease )/increase in creditors Net cash (used in)/provided by operations ANALYSIS OF CHANGES IN NET FUNDS Net cash Cash at bank and in hand Total At 1.4.22 £ 250,103 --- 250,103 250,103 2023 £ (29,333) 8,837 (1,012) (14,698) (33,843) (70,049) Cash flow £ (70,639) (70,639) (70,639) |
2022 £ 3,959 8,303 (215) 69,065 28,686 109,798 At 31.3.23 £ 179,464 179,464 179,464 --- --- |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Donations | 4,020 | 5,615 |
| Donations in kind | 1,561 | 7,612 |
| 5,581 | 13,227 |
| 5. Bank interest receivable INCOME FROM CHARITABLE ACTIVITIES Grants and service contracts Bureau services Grants received, includedinthe above, areasfollows: Local government Other |
2023 £ 1,012 -- 31.3.23 £ 712,784 |
2022 £ 215 31.3.22 £ 740,396 |
|---|---|---|
| 31.3.23 £ 302,614 410,170 |
31.3.22 £ 331,217 409,179 |
|
| 712,784 | 740,396 |
| 6. | CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|---|
| Support | ||||
| Direct | costs (see | |||
| Costs | note 7) | Totals | ||
| £ | £ | £ | ||
| Bureau services | 745,070 --- --- |
3,641 | 748,711 --- |
|
| --- | ||||
| 7. | SUPPORT COSTS | |||
| Governance | ||||
| Finance | costs | Totals | ||
| £ | £ | £ | ||
| Bureau services | 73 | 3,568 | 3,641 | |
| -- | -- | -- | ||
| 8. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated after charging/(crediting): | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Auditors' remuneration | 3,388 | |||
| Accountancy | 3,568 | |||
| Depreciation - owned assets | 8,837 | 8,303 |
| Wages and salaries Social security costs Other pension costs The average monthly numberofemployees during the year was as follows: Charity staff 2023 £ 315,618 18,275 9,764 343,657 2023 17 |
2022 £ 311,103 17,082 8,711 |
|---|---|
| 336,896 --- --- 2022 17 |
| 11. COMPAR'\TIVESFORTHE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 13,227 Charitable activities Bureau services 378,661 Investment income 215 Total 392,103 EXPENDITURE ON Charitable activities Bureau services 445,917 NET INCOME/(EXPENDITURE) (53,814) Transfers between funds 57,165 Net movementinfunds 3,351 RECONCILIATION OF FUNDS Total funds brought forward 197,202 --- TOTAL FUNDS CARRIED FORWARD 200,553 12. TANGIBLE FIXED ASSETS COST At I April 2022 Additions At31March 2023 DEPRECIATION At 1 April 2022 Charge for year At31March 2023 NET BOOK VALUE At31March 2023 At3 l March 2022 |
Restricted funds £ 361,735 361,735 303,962 57,773 (57,165) 608 3,000 |
Total funds £ 13,227 740,396 215 |
|||
|---|---|---|---|---|---|
| 753,838 | |||||
| 749,879 | |||||
| 3,959 | |||||
| 3,959 200,202 204,161 |
|||||
| 3,608 | |||||
| Accrued income Prepayments 14. CREDITORS: AMOUNTS FALLING DUE WITIDN ONE YEAR Other creditors Accruals and deferred income 15. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due a Within one year Between one and five years 16. MOVEMENT IN FUNDS At 1.4.22 £ Unrestricted funds General fund 80,555 Contingency and redundancy 100,000 Building fund 20,000 --- 200,555 Restricted funds Money Advice Service Debt Advice Project 3,606 NewLeaf Energy Redress CWP 3,606 --- TOTAL FUNDS 204,161 |
s follows: Net movement in funds £ (65,576) --- (65,576) 15,192 8,620 1,557 10,874 36,243 --- (29,333) --- |
2023 2022 £ £ 5,494 13,706 33,298 10,389 38,792 24,095 2023 2022 £ £ 1,995 1,845 44,848 78,841 46,843 80,686 2023 2022 £ £ 43,258 32,468 20,819 16,968 64,077 49,436 --- Transfers between At funds 31.3.23 £ £ 36,730 51,709 15,000 115,000 (15,000) 5,000 |
|---|---|---|
| 36,730 171.709 (18,401) 397 (5,898) 2,722 (1,557) (10,874) (36,730) 3,119 --- 174,828 |
| Unrestricted funds General fund Restricted funds Money Advice Service Debt Advice Project NewLeaf Energy Redress CWP TOTAL FUNDS |
Incoming resources £ 421,448 220,879 30,725 4,880 41,446 297,930 719,378 |
Resources expended £ (487,024) (205,687) (22,105) (3,323) (30,572) (261,687) (748,711) Movement infunds £ (65,576) 15,192 8,620 1,557 10,874 36,243 (29,333) |
|---|---|---|
| Unrestricted funds General fund Contingency and redundancy Building fund Restricted funds Money Advice Service Debt Advice Project NewLeaf Help2Claim Covid-19 Response and Recovery TOTAL FUNDS |
At 1.4.21 £ 77,202 100,000 20,000 197,202 3,000 3,000 200,202 |
Net movement in funds £ (53,812) (53,812) 18,928 5,531 26,696 6,616 57,771 3,959 |
Transfers between funds £ 57,165 57,165 (20,772) (3,081) (26,696) (6,616) (57,165) |
At 31.3.22 £ 80,555 100,000 20,000 200,555 1,156 2,450 3,606 204,161 |
|---|---|---|---|---|
| Unrestricted funds General fund Restricted funds Money Advice Service Debt Advice Project NewLeaf Help 2 Claim Covid-19 Response and Recovery TOTAL FUNDS |
Incoming resources £ 392,104 274,526 28,040 49,366 9,802 361,734 753,838 Resources expended £ (445,916) (255,598) (22,509) (22,670) (3,186) (303,963) (749,879) Movement in funds £ (53,812) 18,928 5,531 26,696 6,616 57,771 3,959 |
|---|---|
| Net movement At 1.4.21 infunds £ £ Unrestricted funds General fund 77,202 (119,388) Contingency and redundancy 100,000 Building fund 20,000 --- --- 197,202 (119,388) Restricted funds Money Advice Service Debt Advice Project 3,000 34,120 NewLeaf 14,151 Help2Claim 26,696 Covid-19 Response and Recovery 6,616 Energy Redress 1,557 CWP 10,874 --- --- 3,000 94,014 --- TOTAL FUNDS 200,202 (25,374) --- |
Transfers between funds £ 93,895 15,000 (15,000) 93,895 (39,173) (8,979) (26,696) (6,616) (1,557) (10,874) (93,895) |
At 31.3.23 £ 51,709 115,000 5,000 171,709 (2,053) 5,172 3,119 174,828 |
|---|---|---|
| Unrestricted funds General fund Restricted funds Money Advice Service Debt Advice Project NewLeaf Help 2 Claim Covid-19 Response and Recovery Energy Redress CWP TOTAL FUNDS Incoming resources £ 813,552 495,405 58,765 49,366 9,802 4,880 41,446 --- 659,664 --- 1,473,216 Resources expended £ (932,940) (461,285) (44,614) (22,670) (3,186) (3,323) (30,572) (565,650) (1,498,590) |
Movement in funds £ (119,388) 34,120 14,151 26,696 6,616 1,557 10,874 94,014 (25,374) |
|---|---|
| INCOME AND ENDOWMENTS Donations and legacies Donations Donationsinkind Investment income Bank interest receivable Charitable activities Grants and service contracts Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Sub contractors Rent, rates and water Insurance Telephone Printing, postage and stationery Sundries Staff training Repairs, maintenance and IT costs Cleaning Travel expenses Consultancy and recruitment General expenses and project costs Subscriptions, books and information Legal and professional fees Payroll charges Depreciation Support costs Finance Bank charges Governance costs Auditors' remuneration Accountancy Total resources expended Net(expenditure)/income |
2023 £ 4,020 1,561 5,581 1,012 712,785 719,378 315,618 18,275 9,764 280,780 32,756 1,962 8,232 32,282 179 4,415 4,739 2,320 3,091 545 4,174 11,098 4,409 1,594 8,837 745,070 73 3,568 3,568 748,711 (29,333) |
2022 £ 5,615 7,612 13,227 215 740,396 753,838 311,103 17,082 8,711 276,782 48,245 2,601 10,838 27511 404 95 5,791 3,310 1,399 7,786 10,391 4,513 1,530 8,303 746,395 96 3,388 --- 3,388 749,879 3,959 |
|---|---|---|