| Page | |||
|---|---|---|---|
| Reference and Administrative Details | |||
| Reportofthe Trustees | 2 | to | 5 |
| Independent Examiner's Report | 6 | ||
| StatementofFinancial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | IO | ||
| Notestothe Financial Statements | 11 | to | 18 |
| Detailed StatementofFinancial Activities | 19 |
| TRUSTEES | JGBaggott |
| Dr.RJCave | |
| DJRodick | |
| AGFreeman | |
| JA Mallinson | |
| PACarr | |
| M E Thompson (appointed 2.10.23) | |
| COMPANYSECRETARY | MsEAShaw |
| REGISTEREDOFFICE | Ground Floor |
| Delamere House | |
| Chester Street | |
| Crewe | |
| Cheshire | |
| CW! 2BE |
| INDEPENDENT EXAMINER | Bennett Brooks & Co Limited |
|---|---|
| Chartered Accountants | |
| St George's Court | |
| Winnington A venue | |
| Northwich | |
| Cheshire | |
| CW84EE |
| Unrestricted funds Notes £ INCOMEAND ENDOWMENTS FROM Donationsand legacies 3 178 Charitable activities 5 Bureauservices 672373 Investment income 4 3,286 Total 675,837 EXPENDITURE ON Charitable activities 6 Bureauservices 697,934 --- NETINCOME/(EXPENDITURE) (22,097) Transfers between funds 16 9,328 Net movement in funds {12,769) RECONCILIATIONOFFUNDS Totalfunds brought forward 171,709 TOTALFUNDS CARRIED FORWARD 158,940 --- |
Restricted funds £ 57,028 --- 57,028 40,120 16,908 (9,328) --- 7,580 3,119 10,699 --- 2024 Total funds £ 178 729,401 3,286 732,865 738,054 --- (5,189) (5,189) 174,828 169,639 --- |
2023 Total funds £ 5,581 712,785 1,012 |
|
|---|---|---|---|
| 719,378 748,711 |
|||
| (29,333) | |||
| (29,333) 204,161 -~---- 174,828 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 12 | 4,847 | 4,847 | 3,415 | |
| CURRENT ASSETS | |||||
| Debtors | 13 | 20,150 | 20,150 | 38,792 | |
| Cash at bank andinhand | 156,100 | 10,699 | 166,799 | 179,464 | |
| 176,250 | 10,699 | 186,949 | 218,256 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 14 | (22,157) | (22,157) | (46,843) | |
| NETCURRENTASSETS | 154,093 | 10,699 | 164,792 | 171,413 | |
| --- | --- | ||||
| TOTAL ASSETS LESS CURRENT | LIABILITIES | 158,940 | 10,699 | 169,639 | 174,828 |
| --- | --- | ||||
| NETASSETS | 158,940 | 10,699 | 169,639 | 174,828 | |
| --- | |||||
| --- | |||||
| FUNDS | 16 | ||||
| Unrestricted funds | 158,940 | 171,709 | |||
| Restricted funds | 10,699 | 3,119 | |||
| TOTAL FUNDS | 169,639 | 174,828 | |||
| --- | --- |
| Cashflowsfromoperatingactivities Cashgenerated from operations Netcashused in operating activities Cashflows from investing activities Purchaseoftangible fixed assets Interest received Netcashusedininvestingactivities Changeincashandcashequivalentsinthe reporting period Cashandcash equivalents at the beginningof the reporting period Cashandcashequivalentsattheendofthe reporting period Notes 2024 £ (9,184) (9,184) (6,767) 3,286 (3,481) (12,665) 179,464 166,799 --- |
2023 £ (70,049) (70,049) (1,602) 1,012 (590) (70,639) 250,103 179,464 |
|---|---|
| NotestotheCashFlowStatement fortheyearended31March2024 |
|||
|---|---|---|---|
| 1. | RECONCILIATIONOFNET EXPENDITURETONET CASH FLOW FROM | OPERATING ACTIVITIES | |
| 2024 | 2023 | ||
| £ | £ | ||
| Net expenditureforthereportingperiod(aspertheStatementofFinancial | |||
| Activities) | (5,189) | (29,333) | |
| Adjustmentsfor: | |||
| Depreciation charges | 5,335 | 8,837 | |
| Interest received | {3,286) | (1,012) | |
| Dccrease/(increase)indebtors | 18,642 | (14,698) | |
| Decrease in creditors | (24,686) | (33,843) | |
| Netcashusedinoperations | (9,184) | (70,049) | |
| --- |
| ANALYSISOFCHANGESINNET FUNDS | |||
|---|---|---|---|
| At 1.4.23 | Cashflow | At31.3.24 | |
| £ | £ | £ | |
| Netcash | |||
| Cashatbankandinhand | 179,464 | (12,665) | 166,799 |
| 179,464 | (12,665) | 166.799 | |
| Total | 179,464 | (12,665) | 166,799 |
| -- - | ---- | ----- |
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Donations | 178 | 4.021 |
| Donationsinkind | 1,560 | |
| 178 | 5,581 |
| 5. Bank interest receivable INCOMEFROMCHARITABLEACTMTIES Grants and service contracts Bureau services Grants received, includedinthe above, are as follows: Local goverrunent Other |
2024 £ 3,286 -- 31.3.24 £ 729,401 |
2023 £ 1,012 -- 31.3.23 £ 712,784 31.3.23 £ 302,614 410,170 740,396 |
|---|---|---|
| 31.3.24 £ 277,000 452,401 |
||
| 729,401 |
| 6. | CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|---|
| Support | ||||
| Direct | costs (see | |||
| Costs | note 7) | Totals | ||
| £ | £ | £ | ||
| Bureau services | 734,843 | 3,211 | 738,054 | |
| --- | --- | |||
| 7. | SUPPORT COSTS | |||
| Governance | ||||
| Finance | costs | Totals | ||
| £ | £ | £ | ||
| Bureau services | 61 | 3,150 | 3,211 | |
| -- | -- | |||
| 8. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated after charging/(crediting): | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Accountancy | 3,000 | 3,568 | ||
| Depreciation - owned assets | 5,136 | 8,837 |
| STAFF COSTS | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Wages and salaries | 300,699 | 315,618 |
| Social security costs | 17,024 | 18,275 |
| Other pensioncosts | 8,217 | 9,764 |
| 325,940 | 343,657 | |
| --- | --- | |
| The average monthly numberofemployees duringtheyear wasasfollows: | ||
| 2024 | 2023 | |
| Charitystaff | 15 | 17 |
| Noemployees received emoluments in excessof£60,000. |
| 11. 12. COMPARATIVES FOR THE STATEMENTOFFINANCIAL ACTIVITIES Unrestricted funds £ INCOMEANDENDOWMENTS FROM Donationsandlegacies 5,581 Charitable activities Bureau services 414,856 Investment income 1,012 Total 421,449 EXPENDITURE ON Charitable activities Bureau services 487,024 --- NET INCOME/(EXPENDITURE) (65,575) Transfers between funds 36,730 Netmovement infunds (28,845) RECONCILIATIONOFFUNDS Total fwids brought forward 200,555 TOTAL FUNDS CARRIED FORWARD 171,710 --- TANGIBLE FIXED ASSETS COST Atl April 2023 Additions Disposals At31March 2024 DEPRECIATION At1 April 2023 Charge for year Eliminated on disposal At31 March2024 NETBOOKVALUE At31March2024 At31 March 2023 Restricted funds £ 297,929 297,929 261,687 36,242 (36,730) --- {488) 3,606 3,118 |
Total funds £ 5,581 712,785 1,012 719,378 748,711 --- (29,333) |
|
|---|---|---|
| (29,333) 204.161 [74,828 ~~---~~ Fixtures and fittings £ 126,036 6,767 (53,521) --- 79,282 --- 122,621 5,335 (53,521) 74,435 --- 4,847 --- 3,415 --- |
| 13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Accrued income | 14,734 | 5,494 | |
| Prepayments | 5,416 | 33.298 | |
| 20,150 | 38,792 | ||
| -- | -- | ||
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Social security and other taxes | 3,848 | ||
| Other creditors | 1,682 | 1,995 | |
| Accruals and deferred income | 16,627 | 44,848 | |
| 22,157 | 46.843 | ||
| -- | -- | ||
| 15. | LEASING AGREEMENTS |
| 2024 £ Within one year 22,181 Between oneandfive years 85.026 107,207 --- 16. MOVEMENT IN FUNDS Net Transfers movement between At1.4.23 infunds funds £ £ £ Unrestricted funds General fund 51.709 (22,097) 9,328 Contingency and redundancy 115,000 Building fund 5,000 171,709 (22,097) 9,328 Restricted funds Money Advice Service Debt Advice Project 397 (397) NewLeaf 2.722 (6,623) 3,901 Energy Redress (374) 374 CWP 7.188 (7.188) Community Outreach 17,114 (6,415) 3,119 16,908 (9,328) TOTAL FUNDS 174,828 (5,189) --- --- --- |
2023 £ 43,258 20.819 64,077 At 31.3.24 £ 38,940 115.000 5,000 158,940 10,699 -----··---- 10.699 169,639 |
2023 £ 43,258 20.819 |
|---|---|---|
| 64,077 | ||
| Incoming resources £ Unrestricted funds General fund 675,837 Restricted funds Money Advice ServiceDebtAdvice Project NewLeaf 2,576 Energy Redress CWP 19,532 Community Outreach 34,920 57,028 TOTALFUNDS 732,865 - - - Comparatives for movementinfonds Net movement At1.4.22 in funds £ £ Unrestricted funds General fund 80,555 (65,576) Contingency and redundancy 100,000 Building fund 20,000 200,555 (65,576) Restricted funds Money Advice Service Debt Advice Project 3,606 15,192 NewLeaf 8,620 Energy Redress 1,557 CWP 10,874 3,606 36,243 TOTAL FUNDS 204,161 (29,333) --- |
Resources Movement expended in funds £ £ (697,934) (22,097) (397) (397) (9,199) (6,623) (374) (374) (12,344) 7.188 (17,806) 17,114 (40,120) 16,908 (738,054) (5,189) --- --- Transfers between funds At31.3.23 £ £ 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 --- |
|---|---|
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 421,448 | (487,024) | (65,576) |
| Restricted funds | |||
| Money Advice Service Debt Advice Project | 220,879 | (205,687) | 15,192 |
| NewLeaf | 30,725 | (22,105) | 8,620 |
| Energy Redress | 4,880 | (3,323) | 1,557 |
| CWP | 41,446 | (30,572) | 10,874 |
| 297,930 | (261,687) | 36,243 | |
| --- | --- | ||
| TOTAL FUNDS | 719,378 | (748,711) | (29,333) |
| --- | ~~- - -~~ | --- |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | |||
| Atl.4.22 | in funds | funds | At31.3.24 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 80,555 | (87,673) | 46,058 | 38,940 |
| Contingency and redundancy | 100,000 | 15,000 | 115,000 | |
| Building fund | 20,000 | (15,000) | 5,000 | |
| 200,555 | (87,673) | 46,058 | 158,940 | |
| Restricted funds | ||||
| MoneyAdviceService Debt Advice Project | 3,606 | 14,795 | (18,40[) | |
| NewLeaf | 1,997 | (1,997) | ||
| Energy Redress | 1,183 | (1,183) | ||
| CWP | 18,062 | (18,062) | ||
| Community Outreach | 17,114 | (6,415) | 10,699 | |
| 3,606 | 53,151 | (46,058) | 10,699 | |
| TOTAL FUNDS | 204,161 | (34,522) | 169,639 | |
| --- | --- | |||
| --- |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,097,285 | (1,184,958) | (87,673) |
| Restricted funds | |||
| MoneyAdvice Service Debt Advice Project | 220,879 | (206,084) | 14,795 |
| NewLeaf | 33,301 | (31,304) | 1,997 |
| Energy Redress | 4,880 | (3,697) | 1,183 |
| CWP | 60,978 | (42.916) | 18,062 |
| Community Outreach | 34,920 | (17,806) | 17,114 |
| --- | |||
| 354,958 | (301,807) | 53,151 | |
| TOTAL FUNDS | 1,452,243 | (1,486,765) | (34,522) |
| --- | --- | --- |
| INCOMEAND ENDOWMENTS Donationsandlegacies Donations Donations in kind 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 Advertising, marketing andPR Sundries Stafftraining Repairs. maintenance and IT costs Cleaning Travel expenses Consultancy and recruitment General expenses and project costs Subscriptions, books and information Legalandprofessional fees Payroll charges Depreciation Support costs Finance Bank charges Governance costs Accountancy Total resources expended Net expenditure 2024 £ 178 178 3,286 729,401 732,865 300,699 17,024 8,217 319,734 14,079 2,073 10,080 28,673 95 511 144 5,322 3,682 598 2,333 10,213 4,627 1,404 5,335 734,843 6[ 3,150 738,054 (5,189) |
2023 £ 4,021 1,560 --- 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 --- 748,711 --- (29,333) --- --- |