|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| |---|---|---|