COMPANY REGISTRATION NUMBER: 06787075 CHARrrf REGISTRATION NUMBER: 1130422 Blackpool Citizens Advice Bureau Company Limited by Guarantee Financial Statements 31 March 2025 Chartered accountants & statutory auditor 1121114 Whitegate Drive Blackpool FY3 9XH
Blackpool Citizens Advice Bureau Company Llmlted by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the directorfs report) Independent auditorfs report to the members 10 Slatement of financial activitres (induding income and expenditure account) 14 statement of financial position 15 Statement of cash fiov 16 Notes to the financial statements q7 The following pages do not fonn part of the financial statements Detailed statement of financial activtties 32
Blackpool Citizens Advice Bureau Company Limited by Guarant•o Trustees. Annual Report (Incorporating the Directorfs Report) Year ènded 31 March 2025 The trustees, who are also the directors for the purposes of company law. present their report and the financial statements of the ¢harity for the year ended 31 March 2025. Refgronce and adminlstrative detalls Reglstergd charity namo Blackpool Citizens Athee Bureau Charity registration number 1130422 Company reglstrdtion numb8r 06787075 Prlnclpal office and registered 6-10 Whitegate Drive office Bkp1 FY3 9AQ The trustee8 Mr J Dable Mr J Davenpjrt Mr S Dunstan CllrA Humphries Cllr M Smith Mr M Willey Cllr L Williams Ms K Staley MSA Harton Ms C Bly1he MrA Buchanan Ms V L Bushell Ms L Saggerson (Resigned 16 January 2025) (Resigned 29 October 20241 (Resigned 16 January 2025) (Resigned 16 January 2025) (Resigned 16 January 2025) {Resigned 16 J2nu8ry 2025) {Resigned 16 J2nu8ry 2025) (Appoin 31 October 2024) (Appointed 30 October 2024) {Appointed 16 January 20251 {AppoinbJ 16 January 20251 {Appointed 16 January 20251 {Appointed 16 January 20251 Audltor John Potter & Harrison Chartered accountants & statutory auditor 1121114 Whitegate DrNe Blackpool FY3 9XH Bankor8 Royal Bank of &lJand
Blackpool Citizens Advice Bureau Company Limited by Guarantee Trustses. Annual Report (Incorporating the Directorfs Report) (¢i>ntinu8dJ Year ended 31 March 2025 Slructurey governance and managem¢nt Date of goveming document 9th January 2009 Nature of governing document Memorandum and Articles of ASSatiOn How the charity is constituted Registered charity Private company limited by guarantee and rM)t having Sha capital Methods adopted for the recruitment and appointrnent of new directorsltrust Directors are appointed in accordance wth the Memorandurn and Arttcles of Association and are elected to serve for three years. Direclofs can onty serve for a maximum of three terms of three years. Induction and training of directors New directors are provided vAth inducbon training by the volunteer recruitment and training manager and the CEO and Tole descripb'ons are provKled to all trustees desCri.ng their responsibilib'es. The bjard of trustees meets at least quarterty. The charity became incorporated on 1st April 2010. The board fomialty reviews its perfomiance annualty. entIfie5 any development needs and sets itself objectNes. Citizens Advice Blackpcol is a charity and a company limrted by guarantee, as such it is govemed by its Articles of Association. The Board of Trustees meet quartety to review the chari¥s perfomiance and ensure its objectives are being meL The Chief Executive is reswnsible for day-lTrday operations. supported by a Senior Management Team wth expertise in advice services, project management volunteer and Commun engagemen( training and finance.
Blackpool Citizens Advice Bureau Company Limited by Guarantse Trustees. Annual Report {Incorporating the Dlrectorfs Report) f¢oniinuod) Year ended 31 March 2025 Structure, goveinan¢e and management (conunuedj Risk management Risks are discussed at each board meeting and the risk register is used to Klentsfy those risks to which the charity is exposed, rale them in tems of likelihood and impact and take the necessary steps to mttigate risks. The risk environment changes as extemal factors around fvnding and the wider neOrk of citizens advice org8nisations develops with mergers taking plaTr more frequenuy. The trustees are keen to operate in an environment that is not risk averse. as they recognise that managed risks help organisations grow, however. their fundamental consKlerabon is the delwery of services for the people and communibes in Blackpool and surrounding area. so all risks are managed in this context. The risk gIster also identifies organisational risks in l?"0n to loss of expertise and funding. The trustees are confident that the financial risks have been carefvlty managed and sufficient reserves and some on-going funding a¥rangements the charity is in a relatively low risk position in tem$ of finan$. However, the current labour market rA)ses a high risk where stsff wth experience and knowledge could be lost rf their remuneration, terms and condthons are not kept in line wth market trends. Bringing in new staff over the yeaf has improved this position and the trustees are keen to foster a culture of developing and upskilling stsff. During the year there was recognition of the risks associated with long-temi trusleesldireclors. The members voted at the AGM in January 2025 to limit the temi of office for all trustee51direclors to three terrns of three years. Members were keen to ensure the chartty is govemed in line with gcK)d practice guidance for the sector and re¢ognised that there was a lack of charity governan expertise on the i)oard. The newly elected trusteesldireclors. apInted at the AGM have charity governa experience, as well as people management and HR backgrounds. Infonnation 8ssur8nce The trustee board have put In place an infomialion assuran Strategy. The day-to-day operational information assurance management sits with the senior m8nagemenl team and Information Assurance is a standing item on all SMT agendas. The Training Manager keeps records of all training, including GDPR compliance and Infomation Governance training and trustees t#)ard ensure gOC practice across all IG ¢ompliance.
Blackpool Citizens Advice Bureau Company Limited by Guarantee Trustses. Annual Report (Incorpordting the Dlrectorfs Report) (eonllnu0dJ Year ended 31 March 2025 Objectives and a¢tivitits The charitys objects remain as stabj in our ¢onsttlulton". to promote any charitable purpose for the benefit of the public, paTticuL4dy in Blathpool, by F)roviding free. confhdential. ar impartial advi and influencing policies through researth and tho¢a¢y. Our services a guided by the core values of the Cf(Eens knice servti." to provide free, independent. confidential, and impartsl adwce to everyone on their nghts and $nsibIlities. We empower people to make infomed decisions and work lo challenge injustice. We have also refocussed our pijrpose a$ a nehvork to be the people's champKin. here for everyone regardless of their problem. In Bla¢kpool we have expanded on this to ensure we are meeb'ng the needs of our specific population and are here most, for those who need us most. At a national kvel we also have the ambitious objective of reducing the need for our Servi by shaping a society where people have less problems. In 2024-25, Cilizens Advice BlackFIx fSed on the following prioTTty areas: Increasing ac£ess to welfare benefits, debt adwce, housir*J. and employment advice. Developing targeted heatth and wellbein9 interventions, tiCuLarLY for those affected by bng-term illnesses. Strengthening our research and campai9ns to identify and address the root causes of issues affecting our communty. ReVierIg and strengthening our govemance. Slratsglc report The Trustees of Citriens AdVe Blackp1 are pleased to present their Annual Report for the financial year 2024-25, alongside the audited accounts. This report offets an overvtew of the charity's signifirAnt achievements, its financial perfonnance. and hN it continues to respond to the needs of the communty. This year has seen continued growth in servi(£ delNery and innovation. with new projects inibated, successful partnership work. and further contributKJns to national and local research efforts aimed at tsckling the System issues faced by our clients.
Blackpool Citizens Advice Bureau Company Limitsd by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (condnued) Year ended 31 March 2025 Achievements and perforMae This year our seNices helped 5.680 {5.435 in 202>24) clients wth 21,859 {21,937 in 2023-241 issues. a slight increase in client from the previous year. Of the issue that people seek advice on, 8,886 related to weWare benefits, Iwth Personal Independence Payments. Attendance Mlowance and other disability relateé benefi15 being the highest Debt issues amount to 2,083, wth housing issue$11,3521 increasing again as more people struggle in rented accommodation. People seeking support. advice and information with issues relating to health has also in¢¥sed as we deliver more health related services such as Soaal Prewibing. Some 3.452 i55ues around heatth were logged on Casebook during the year. In the financial year £3.13m {£2.2m in 2023-241 was achieved in financial gains for our clients. This is from uplifts in benefits, grants and written off debt This represents actual extra income for clients and can be lrfe changing where they have been experienn9 hardship and now have money to improve thr quality of life. The number of clients wlh a disability or long temi health condition accessing the service5 we provide during the year was 81%178¥0 in 2023-24). This is due to the accessibility of our seNice for people with disabilities and long term health conditions. as we delNer advice and health based seNices in the communty. It also reflects our approach to ensuring we can take advice to the client and have increased the number of home visits available during the year. There has been an increase in the number of clients under 50 years old access our services. This dient group now makes up 360A of the overall dients. The number of over 80 year olds MaInS consistent at 7%. Our volunteers make a significant contribution to the servtces we provide. Thi8 indudes providing one- Io-one advice, supporting our baCkffiCe functKJns and contribLJting to our research and campaigns work. The volunteer representative has continued to attend board meetings and raise any issues al workers meetings lo help shape our direction of travel and listen to dwerse opinions and per5pectNes. As trustees, we value the input of the volunteers who work week in. week out for the benefit of our Clnts. During the year the value of the contribution volunteers make has been assessed as equNalent to £160,160 in public benef This year. we have developed our work support people wrth the cost of energy. Wrth fvnding from Brits'sh Gas Energy Trust IBGET) and Cadent we have een able to provtde ad¥e and information to help people manage the cost of household energy bills. We have also been ab to provide direct support to people struggling to heat their homes through hjnding from Blackpool Council's Household Support Fund. This has provided heated throws, hot water botues, fuel and food vouchers to people in financial drfficulty- This work has been delivered in conjunctK)n with advice services, with the aim of ensuring people get long tenn supwrt as well as the immediate crisis help we are providing. The work we deliver in partnership with the NHS continues to go from strength to strength. In the year we delwered a project with Urgent and Emergency Care (UEC} funding that was allocated to the Blackpool area through the VCFSE Alliance. This allow&J us to target people with respiratory illness and help meet their needs alongside medical services. A team of Respiratory Link Workers were based at the NHS Walk-in Centre and helped people stay well at home over the winter months be making sure they had a wami home. gc*)d qualty food and places to go to stay active and connected lo their community. This work resulted in a considerable number of admission avoidances inlo the hospitsl and provided a blueprint for l¢xal colLaboralion around a Fong-temi condf(ion as well as
Blackpool Citizens Advice Bureau Company Limitsd by Guarantee Trustees. Annual Report Ilncorporating the Directorfs Report) f¢ondnuodJ Year endod 31 Mar¢h 2025 creating neighbourhood health solutions. Research and Campaigns Citvzens Advice BlackFX)ol has continued io contribute to the natN)nal Citizens Advice research and campaiqns IR&CI work as well as developing our own research projects and nelworks. We have been the lead local office in establishing the 'Coastal Communities Cluster Group,, looking al issues that specificalty affect people living in coastal areas. We have also made a signffitsnt contribution to the research around capacity building in the VCFSE across Lancashire and South Cumbria, being part of the REND (Research Engagement Nefvth Developmen1} prcrfJramme from the NHS. Our campaigns have included work lo highlight unfaimess in the wettare benefiis system as well as campaigning for consumer and other essentsal rights. Partnership Working Our ability to work partners across se¢tOls has been a key factor in our success. We have strengthened relationships with Blackpool Council through the work we do on Shared Prosperity Funding. NHS partners, especialty the hospital trusL and other voluntary sector organizations. Our parti¢ipatton in the Lancashire and South Cumbria ICB Board has allowed us to influence strategi¢ decisions affecting heaith and soaal care for our dients.
Blackpool Citizens Advice Bureau Company Llmlted by Guarantee Trusteas, Annual Report (Incorporating the Directorfs Report) fcontinued) Year ended 31 March 2025 Flnan¢lal revlew Reserves policy The trustees have reviewed the charivs need for financial reserves in line wth gi)od Pmet across the sector guidance from the Charity Commission and guidance from Crtizens Advice nationally. The reserves policy is reviewed annualty to make sure it remains fft for purpose. The trustees are acutely aware of the need to balance sufftcient reserves against using resources for the benefit of communities. As reserve velS increase the truslee board work wth the CEO lo ensure ftjnds are reinvested to to meet charitable purposes. Cuent unrestri¢led reserves are £698,669 {2024 £595.6661 The financial posib'on of the charity remains positive. and this is due to the hard wo and dedication of the staff and volunteers. The charity's finances have grovm. this has been steady and in line with the charity's mission. The trustees do acknovAedge the complexity of managing and leading the charity as income diversifies and more projects are delNered. The senior team are working to athieve greater sustainabilty of fvndiThJ, as well as ensuring the needs of the people in our communities are met As part of the neknrk of Citizens Adwce local offices. the charity benefrts from some natnal contracts, but the majority of funding is locally sourced. Operating without any core funding means the charity has been more entrepreneurial, innovating and looking al new opportunities to do more. The trustees recognise the funding environment for charities is challenging, so maintaining a broad base of funders and capitalising on opwrtunibes is how the ¢harity maintsins the faVOurab funding position. The charity's financial p)sition is also influenced by polw decisions and changes in local and national 90vernmenL The Shared Prosperity Fund. that has provided funding for Communty Navigation VAII end after the next financial year. so plannin9 for fvnding to repla this is taking place. The changes that are taking place across the NHS promde further OPkK)rtunths for the charity, however. wth no additional funding in the system, rt is a Challenging environment to work in. The NHS long term plan indr¢ates that seNices closer to the communty and out of hospitals will see increased inveslmenL but this funding will need to be found from elsewhere in the syslem. It is part of the charity'5 Strategic planning to ensure our services meet the needs of communities and are sustainable, so Opportunit9s Wtth health a a large part of this. FinanGial management poltc The trustee board is responsible for ensuring the Charity i8 sufficientty resourced and that proper financial controls are in pLqce. The board delegate$ tasks to the CEO and the Finance manager. Whilst the overall sPOnsIbl11ty of management MaInS with the tfv)ard of Iruslees, the CEO is responsible for the day-to-day management of the finan¢ial resources and is supported by a skilled Finance Manager. Budgets are agreed at board level and the finance policy and related poliaes are reviewed bi-annually.
Blackpool Citizens Advice Bureau Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) (conUnu8dJ Year ended 31 March 2025 Pl•n$ for future perlods Looking ahead, Citizens Advice Blackpool wll.. Expand our health linked advice seThw. Explore digital opportuntbes and cap8bilibes in conjunction with other local Citrzens Advi and wider norkS. Further strengthen our partnership work to offer holistic support that tackle heath inequalities and meet the needs of some of the most vulnerable ppIe in our communibes. The cunt strategy was introdu¢ed in 2023 following cwroduction work across stakeholder groups and wlh support and expertise from colleagues at National Citizens Advice National. This strategy is being delivered and embedded into the organisatn as part of the work the charity is doing around meeting the needs of clients in the places that best suit them. Our ongoing focus is about putting clients at the centre of all we do 2nd ensuring all our decisws are made in their test interests. In 2025 we have started planning for our new strategy from 2026-29. This will be c¢wrodu¢ed as before and we will dW upon the expertise wrlhin the chartty to ensu it is fft for the future and Can be translated into deliverable action plans. The trustees acknowledge the posabon of the charity in tem)s of the expeftise around income generation sitting almost exclusively with the CEO. During the year. options have been CnSIdered and steps have been taken to upskill more slaff and look at extemal support. In 2025 this work will be taken further as the charity grows and the tnjslees recognise the risks asSOCkqted wlh a single pjint of failure. Income generation skills wll be spread and steps will be taken to reduce this risk. Ttse8. responslbilitles statement The trustees, who are also dir¢¢tor5 for the purp)ses of company law. are responsible for preparing the trnstees, report and the finanaal statements in accordance with applicable law and United Kingdom Accounling Standards (United lfjngdom Generalty knepted Accounts'ng Practice). Company law requires the chartty tNstees lo prepare financk?I statements for each year which gwe true and fair view of the state of affairs of the charitable Company and the incoming oUrCeS and application of resources. including the income and eyndilure. for that perh)d.
Blackpool Citizens Advice Bureau Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Directorf$ R•port) (conllnu8dJ Year ended 31 March 2025 In preparing these financial statements, the trustees are wuired to.. select suttable accounting poliaes and then appty them consistenuy," observe the methods and principles in the applicab Charities SORP" make judgments and accounting estimates that are reasonable and prudent state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements-, prepare the ffnancial statements on the gcHng concem basis unless it is inappropriate lo presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's tranS"on$ and disclose with reasonable accuracy al any time the financia position of the charity and enable them tts ensure that the financial slatements comply wrf(h the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor Each of the persons who is a trustee at the date of approval of this port eonfimis that.. so far as they are aware, there is no relevant audit infomalKJn of which the charity's auditor is unaware" and they have taken all steps that they ought to have taken as a trustee to make thernsees aware of any relevant audrt information and to establth that the charitys auditor is aware of that infomation. The trustees, annual rewrt and the strategic report were approved on ..... . on behalf of the board of trustees by.. and signed Ms V L Bushell Trustee
Blackpool Citizens Advice Bureau Company Limited by Guarantee Independent Auditor's Report to the MemberJ of Blackpool Citizens Advice Bureau Year ended 31 March 2025 Opinion We have audited the financial statements of Blackp)ol Cen5 AdVe BUaU (the 'charity'l for the year ended 31 March 2025 which comprise the statement of financial actNities (including income and expenditure account), statement of financial F#)sition, ststement of cash flows and the related notes, including a summary of signrftsnt accounting poliaes. The financial reporting framework that has been applied in their preparation is applicaNe law and United ngdorn Accounting Standard5, including FRS 102 The Financial Reporbng Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Pracb"cel. In our OpinTr the financial ststements.. give a true and fair view of the slate of the charivs affairs as at 31 March 2025 and of its incoming resources and applh>tion of resources. including its income and expenditure, for the year theft ended.. have Wn propedy prepared in acc•)rdan¢e vrith United lfjngdom Generally Apted Accountsng Practice., have been prepared in accordance with the requirnents of the Companies Act 2006. Bas18 for oplnlon We conducted our audit in accordance Intemational Standards on Auditing IUKI IISAS {UKII and applicabb law. Our responsibilibe$ under those standards are further described in the auditor's responsibilibes for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial ststements in the UK. including the FRC'S Ethical Standard, and we have ffijlfilled our other ethical responsibilitie5 in accordance with these requirements. We believe that the audit evidence we have obtained is sufficrenl and appropriate to provide a basis for our opinion. Concluslons relatlng to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the ffinancial slatements is appropriate. Based on the work we have perfonned. we have not identified any material uncertainties relating to events or conditions that indmdualty or cOltiVe, may cast stqnthcant doubt on the charity's ability to continue as a going concern for a peric#J of at least months from when the financial statements are aulhorised for issue. Our respor¢sibililies and the respjnsibilities of the trustees th respect to going omcem a descrited in the relevant sections of this reporL 10
Blackpool Citizens Advice Bureau Company Limited by Guarantee Independent Auditor's Report to the Members of Blackpool Citizens Advice Bureau (¢ontinu¢ Year ended 31 March 2025 other Inforniatlon The other infomation comprises the infomation included in the annual report. other than tre financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other infomiation and, except to the extent otherwse explicrtly stated in our pOrt, we do not express any fomi of assurance conclusion thereon. In connection wth our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other infom)ation is materially inconsistent with the financial statements or our knovAedge obtained in the audit or othetwse appears to be materially misststed. If we identify such material inconsistencies or appanI material misstatements, we are required to delemiine whether there is a material misstatement in the financial statements or a material misstatement of the other infomialion. If, based on the work we have perfomed. we conclude that there is a material misststement of this other intormath?n. we are required to report that fa¢L We have nothing to repcwt in this regard. Opinlons on other matters prescribed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit. the information gwen in the trustees. report for the financial year for whKh the financial statements are prepared is consistent with the financial statements., and the tru5tees' reFort has been prepared in accordance th applicable legal requirements. Matters on which we are required to report by ox¢•ption In the IKJht of the knowledge and understanding of the charity and its environment obtained in the course of the audi( we have not Klentified material misstatements in the trustees. reporL We have nothing to report in respect of the following matters in relation to wtth the Companies A¢1 2006 requires u5 to pOrt to you if, in our opinion.. adequate acwunting records have not been kepL or returns adequate for our audit have not been received from branches not visited by us-, or the finan¢ial ststements are not in agreement with the accounting records and turnS. or rtain disclosures of tnjstees, remuneratFon specffjed by law a not m*le', or we have not received all the infomation and expL4nation$ we require for our audit 11
Blackpool Citizens Advice Bureau Company Llmlted by Guarantee Independent Auditorfs Report to the Members of Blackpool Citizens Advlce Bureau (eonunwdj Year ended 31 March 2025 Responslbllities of trustees As explained more fully in the truste8s' responsibilities ststemenL the trustees (who are also the directors for the purposes of company lawl are resp)nsible for the preparation of the financi81 ststemenls and for being satisfied that they gNe a true and fair vthv, and for such intemal control as the trustees detennine is ne¢ary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or ertor. In preparing the financial stslements. the trustees are responsible for assessing the charitys ability lo continue as a going concem, diselosing, as applicable. matters related lo going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic altemative but to do so. Audltorfs rn8pon8ibilitigs for the audlt of the flnan¢ial ststements Our objective$ a lo obtain reasonable assurance about ether the financial stslements as a whole are free from material misstatement. whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonab assurance is a htgh level of ass4Jrance, but is not a guarantee that an audit conducted in accordance wth ISAS IUKI will avaYS detect a material misststement when it exists. Misstatements can arise from fraud or error and are consKlered material if, individualty or in the aggregate, they coukl reasonably be expected to influen the economic decisions of users taken on the basis of these finanryal statements. lThegularities, including fraud. are instances of non-compliance Nwth laws and regulations. We design procedures in line with our responsibilibes. oudined above, to delect material misstatements in respect of irregularities, including fraud. The extent to lch our procedures are capable of detecting irregularit. including fraud ks detailed below. the senKsr statutory auditor ensured that the engagement team ¢ollectivety had the appropriate competence, capabilities and skills to identify or recognise n<0mpli3nC8 wth applicable laws and regulations.. ' we identified the laws and regulations applicable to the company through discussions with the directors and other management., ' we sed on spe¢ifi¢ laws and regulations which we Considered may have a direct material effect on the financial ststements or the operations of the company, including the Companies Act 2006, the Chariti'es Act 2011, taxation legislation and data protection, anti-bribery, empkJymenL environmental and heath and safety legislation,. ' we assessed the extent of compliance wth the laws and regutionS hjentified above through making enquines of management and inspecting al corSpondence. ar¢d ' rdentified and regulations were communicated wthin the audtt team regularty and the team ren)ained alert to instances of non- coMplnCe throughout the aud As part of an audf( in accordan vAth ISAS {UK). we exercise professnal judgment and maintain professional SCept5M throughout the audit We atso: Identify and assess the risks of material mBstatement of the financial statements, vh)ether due to fraud or error, design and perfomi audit procedures resFonsive to those risks, and obtsin audit eviden that is sufficient and appropriate to provKle a basis for our opinion. The risk of not detecting a material misstatement resu]bng from fraud is higher than for one resulting from error, as fraud may involve collusion. forgery. intentw)nal omissions. misrepresentations, or the override of intemal control. 12
Blackpool Citizens Advice Bureau Company Limitsd by Guarantee Independent Auditor's Report to the Members of Blackpool Citizens Advice Bureau (contlnuedj Year ended 31 March 2025 Obtain an understanding of internal control relevant to the audrt in order to design audit procedures that are appropriate in the arcumstances. but not for the pu4Se of expressing an opinion on the effectiveness of the inlemal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees. use of the going concem basis of accounting and, based on the audit evidence obtained. whether a material UnrtaInty exists related to events or conditions that may cast significant doubl on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our audilorfs report to the related disclosures in the financigl ststements or, rf such disclosures are inadequate, to modty our opinion. Our conclusDns a based on the audit evidence obtained up to the date of our a4Jditorfs reF()rt. However, future events or condib'ons may cause the charity to cease to continue as a g(Hng concem. Evaluate the overall presentstion, structure and content of the financial statements. including the disclosures, and whether the financial statements repsefit the underfying transactions and events in a manner that achieves fair presentab"on. We communicate those charged wth govemance regarding, amorig other matters. the planned scope and timing of the audit and sHJnificant audrt findings. including any significant deficiencies in intern21 control that we identify during our audiL Use of our report This report is made solety tr) the charity's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 20Cf. Our audrt work has been undertaken so that we might slate to the charity's rnembers those matters we are required to state to them in an auditoffs report and for no other purpose. To the fullest extent [mitted by law, we do not aept or assume responsibilty to anyone other than the charity and the charitys members as a tKNJy. for our audit work. for this reFMrt or for the opinions we have formed. Jacqueline Hyde BA FCA (Senior Statutory Auditor) For2nd on behaOf John Potter & Harrison Charted accountsnts & ststutory auditor 1121114 Whilegate Drive Blackpool FY3 9XH /+-. /L. lol 13
Blackpool Citizens Advice Bureau Company Llmlted by Guarantee Statsment of Flnanclal Activities (including income and expenditure account) Year ended 31 March 2025 2025 Unrestricted Restrthd funds fijnds Total funds Total funds 2024 Incomo and •ndowrnents Donations and le9aaes Investment income 431.953 9.016 700.418 1.132,371 9.016 1.018,128 8,226 1.026,354 Total Income 440.9 7.418 1.141.387 Expgnditure Expendire on charitable activities Total expenditure 525.689 516.673 1.042,362 975,146 525.689 516,673 1,042,362 975,146 Net Income 184.7201 183.745 99,025 51,208 Transfer of allocated management and support costs 187.723 (187.7231 Nel movement in funds 103,(K13 {3.9781 99,025 51,208 Reconclllatlon of funds Total funds brought forward Totsl funds carried forward 595.666 103.334 699.000 647.792 699,000 698,669 99.356 798.025 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from o)nb"nuing aclivrties. Th& notes on pages 17 to 30 fonn part ofthose finala1 Statements. 14
Blackpool Citizens Advice Bureau Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Fixed assets Tangible fixed assets 13 99,356 103.334 Current assets Debtors Cash at bank and in hand 14 247,206 609,323 856.529 52,232 646,713 698,945 Credltors: amounts falllng duo withln one year Other creditors including taxation and social security Accruals and deferred income 15 11,803 146,057 13,865 89,414 103.279 595,666 699,000 699,000 157.860 Net ¢urr•nt a$sets 698,669 798,025 798,025 Total assets less curront liabllltles Not assets Funds of the charity Restricted funds Unrestricted funds 99,356 698,669 798,025 158,9S2 $40,038 699,000 Total charlty funds 18 These financial statements were approved by the board of trustees and authorised for issue on Lts>kL£ 2. 075, and are signed on beha5f of the board by: Ms V L Bushell Trustee The notes on page$ 17 tg 30 forni part of those financlal statements. 15
Blackpool Citizens Advice Bureau Company Limited by Guarantee ststement of Cash Flows Year ended 31 March 2025 2025 2024 Cash Ilows from oPerdn9 actlvllle8 Net income 99.025 51,208 Adjustn7ents for. Depreciation of tangible fixed assets Other interest reCeab and similar income Accrued eynses 3,978 (9,0161 17,858 3,978 (8.2261 13.973 Changes in." Trade and other debtors Trade and other creditors 1194.9741 36.723 {46.406) 13,584 {63,8931 10.624 Cash generated from operations Interest received 9,016 (37,390) 8,226 18,850 Net cash (used inllfrom operating activthes Net Idecreaseylncrease In ¢a$h and ¢a$h oquivahnts Cash and cash equlvalents at b8glnning of yur Cash and cash equlvalonts at ond of year (37.390} 646,713 18.850 627.863 809.323 646,713 Th& notss on pag¢s 17 tr1 30 fomi part ofthw fin•n¢i•l $tstemgnts. 16
Blackpool Citizens Advice Bureau Company Llmitsd by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General infonnation The charity is a public benefft enlty and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 6-10 Whf(egale Drive. Blackpool. FY3 9AQ. ststement of cornpllancg These financial ststements have been prepared in compliance FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporling Stsnd8rd appluble in the UK and Republic of Ireland IFRS 102} {Chariltes SORP {FRS 10211 and the Companies Act 2006. Accountlng policies Basis of preparation The financial statements have been prepared on the historical cost basis. as modified by the revaluation of certain finanryal assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements ar8 prepared in steding, which is the fvnctional currenw of the enttty. Golng concern There are no material unrtaInt$ about the ¢hariWs ability to continue. Judgements and key sour¢os of estlmatlon uncertainty The PparatIon of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. including expectation5 Qf ture events that a believed to be reasonable under the circumstances. In¢ome tax The company is cOnSered to pass the tests set out in Sch. 6. para. 1 of the Finance Act 2010 and therefore it meets the definthon of a charitable company for UK corporation tax purposes. Accordingly, the company is potent¢ally exempl from taxats'on in respecl of income or capital gains received within Categories covered by Pt. 11. Ch. 3 of the CorF)oration Tax Act 2010 or s. 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exclusively lo charitable purposes. 17
Blackpool Citizens Advice Bureau Company Limited by Guarantee Notes to the Flnaneial Ststements (condnu8dJ Year ended 31 March 2025 Accountlng pollcle8 (conttnueoi Fund •e¢ountiTrg Unrestricted funds a availabK8 for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted fvnds eamiarked by the trustees for partiojlar future project or eommitmenl. Restricted funds are sUbjJ to restrtctions on their expendre declared by the donor or through the terms of an appeal, and fall into one of su&elasses.' restricted inojme funds or endowment funds. 18
Blackpool Citizens Advice Bureau Company Llmltsd by Guarant•• Notes to the Financial Ststsments (conllnu8 Year endéd 31 March 2025 Accounting policios [¢laTn•) Incoming resources Voluntary income is received by way of donations and is included in full in the statement of Financial Activities in the year in which it is received. Grants including grants for the purchase of fixed assets are recognised in full in the st8tement of Flnan¢ial A¢tivities in the year in which the charity i8 entiued to the income. Restricted funds are to be used for Specif purposes laid down by the donor. Expendtture, which meets these criteria, is identified to the fund together wth a fair allocation of management and sUppt costs. Designated funds are donations and other income received or generated for the objects of the charity without further specified purws8 and are available as general fvnds. Unrestricted funds are donatnS and other income reIVed or generated for the objects of the charty without further speafied purpose and are available as general fvnds. Restricted funds - Revenue funds Money and Pension Sefvice {MaPS) Funding is provided to contribute towards the capital and revenue requirements associated with the provision of face lo face debumoney advice services. Ma¢millan To provide welfare benefits adv and support for people living with cancer. Childn in Ne& Funding is obtsined to set up Young Citizens Advi and support young people lo access advice services. British Gas Energy Trust IBGETI To provide advice and assistance to members of the publio particuL8ty those who are disadvantsged (disabled, young families, older p)ple, people off grid, BAME groups) aimed at reducing and managing debL maximising income, reduang fuel kyjvety, and improving energy efficiency. Social Prescribing Link Worker ISPLW) To provide personalised 5UPPOrt to indMdua15, their familEs and ¢arers to lake Mntrol of their health and wellbeing, live independently and irnprove their health acce55 and outcomes. following a review of the service level agreements thi5 funding has been rec*egoTt5ed as unre5tri¢ted grant fvnding from 1.04.24. National Lottery Communty Fund ITNLCFI To provide support to clients to complete weffare benefit foms and lo assist dients wth appealing welfare benefft decisions. where appropriate. Changing Futures To ensure people faong Mu"ple disadvantages S able to access timety financial as part of eady intervention and recovery. 19
Blackpool Citizens Advice Bureau Company Limited by Guarantee Notes to the Financial Ststements (conJnu0d) Year ended 31 March 2025 Accountlng polkles (canfrnuedj Community Connectors To support people with complex healih needs to access seNces. Community Research and Engagement Nefvnrk To provide input and experti$e to ¢ommunty research and engagement nefvffjrk. VCFSE- Voluntsry. Communty, Faith and soal Enterprise Sector Aliqnce Infrastructure funding to help buifd capacity across the seclor and enable VCFSE organisations to influence health and care decision making. Spring North bridge to home Funding to help indiwduals being discharged from mental health warrls access housing upon safe discharge. Communty NavvJators Funding to connect people vrith supp)rt structures wthin public services and the vder Communty. Research and Campaiqns Funding 1$ for research around consumer and other essential rights. Spring North MHT Mental health support. ICB Urgent and Emergency Care To deliver support to people to hdp them stay well at home and out of h05Pital over the winter months. This funds a team of link workers in the community, identifwng people unmel health and social needs and provIng Yap around supporL Restred fvnds- Capital funds Cornmunty fvrml Funding was provided inalty to acquire and fft out the Whitegate Drive premises of the organisation. This propety is restrthd as set OLrt in nots 11 to these accounts. Further funding was receNed to enable the acquisibon of computer equipment and fumiture to enable the team to train the advisory volunteers. Unrestred funds- Revenue lunds Intergrated Care Board IICBI Funding for outreach advisors in GP practices across Blackwol. Cadenl Funding is for outreach workers to help peopk manage their energy costs, budget and get 5UPPOrt if they are isolated. 20
Blackpool Citizens Advice Bureau Company Limited by Guarantee Notes to the Financial Statements (confrnuo(1) Year ended 31 March 2025 A¢counting policies (conllnuedj Rosource8 expended Costs of generating funds Cosls of generab.ng funds indudes all expendrture direcuy related to the incoming resources from activities for generating funds toJether wtth those costs assc¢iated with supporting these a¢liwties, including staff costs. Charitsble aclivrties expenditure Charitable activities expenditure includes all expendtture direetty related to the provision ot advisory seNices under the objects of the chartty together with those costs associated with supporting these activities. including stsff, estsblishment and olher overhead cost. These support costs are shown separ8tety within the notes to these accounts. Govemance costs These are the costs associated with the govemance arrangements of the charity which relate lo the general running of the chartty as opposed lo those costs associated with fundraising or charitable activity. These c05ts wll normalty include audit, legal advice for trustees and Costs a$so¢iated with constitutional a1 statutory requirements. Irrecoverable VAT Irrecoverable VAT is charged against the category of resour expended for whh rt was incurred. Pension costs The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separatety from those of the chartty. The annual contributions payable are charged to the Statement of Financial Activities. Operating leasos Lease payments are rec&Jnised as an expense over the lease tem on a straight-line basis. The aggregate benefit of lease incentives is recc3niJ as a redLJCtion to expense over the lease term. on a straighl-line basis. Tangible ass8ts Tangible assets are inthalty recorded at cost and subsequentty slated at cost less any accumuL3ted depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairnent losses. An increase in the carying amount of an asset as a sU11 of a revaluation. is recognised in other recognised gains and losses. unless it reverses a charge for impairment that has prevuSIY been recognised as expenditure wrthin the statement of finan?1 activths. A decrease in the carrying amount of an asset as a fesurt of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other re¢ognised gains and losses on the stskment of financial activth'es. 21
Blackpool Citizens Advice Bureau Company Limited by Guarantee Notes to the Financial Statements (Con0nd} Year ended 31 March 2025 AccountSng policies (¢ontsnu•d) Depreclatlon Depreoation is calculated so as to wrtte off the cost or ValUan of an asse( less tts SIdUal value, over the usefvl economic lrfe of that asset as follows.. Freehold propety Fixtures and ffttings 2% straight line 20% straight line Impairment of fixed assets A review for indicators of impaimient Is carried ¢t at each reports.ng date. with the recoverable amount being estimated where such indicatots exist. Where the carrying value exceeds the recoverable amounL the asset is impaired ac¢ordingty. Prior impa1ents are also reviewed for possible reversal al reporting date. For the purposes of impalnrnt testing. when it is rnt p)ssible to estimate the recoverable amount of an individual asset. an estimate is made of the re¢overable amount of the cash- generating unit to which the asset belongs. The CasheneRtrng unit 15 the smallest identifiable group of assets that includes the asset and generates cash inllows that largely independent of the cash inflows from other assets or groups of assets. 22
Blackpool Citizens Advice Bureau Company Limited by Guarantse Notes to the Financial Statements {conllnuedJ Year ended 31 March 2025 Accounting pollcles (conllnu8d) Financial instruments A financial asset or a financial liabilty is reccgnised only when the charity becomes a paty to the Contractual provisions of the instrLsment. Basic financial instruments are initially recognised at the amount receivabie or payabke including any lated transaction costs. unless the arrangement constrlules a financing transaction, where it 1$ cOgnised at the present value of the futufe payments dI5Uted al a market rale ol interest for a similar debt instrument. Current assets and current liabilities are subsequenty measured at the cash or other consideration exed to be pa or recewed and not discounted. Debt instruments a subsequenty MeaSud at amortised cost other financial instruments are inibalty re¢ognised al fair value, unless payment for an asset is deferred beyond nom)al business tetms or financed at a rate of interest that is not a market rate, in which case the asset 1$ measured at the present value of the fvture payments discounted at a Maet rate of interest for a similar debt instwment Other financial instruments are subsequenuy measured at fair value, with any ¢hanges recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship (see hedge accoL¢nting Folicy). Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impaiment at the end of each reFQrting date. If there is obje¢twe evidence of impairment, an impaimient loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of signtfunce, and other financial assets that are indThiidually signifrcanl. these are assessed individualty for impaimenL Other financial assets are either assessed individually or grouped on the basi% of similar credit risk characteristics. Any reversals of impaimient are recognised immediately. to the extent that the reveal does not result in a carrying amount of the financial asset that exceeds what the carying amount would have been had the impaimient not pVIouSlY been recognised. Defingd ¢onlribution plans Contributions to defined contribution plans are recognised as an expense in the peri¢)J in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will ad to a reduction in fulure payments or a cash refund. When contributions are not eycted to be settled wholty Nwthin 12 months of the end of the reporting date in whrch the empkjyees render the related service. the liabilty is measured on a discounted present value basis. The unwnding of the discount is reccgnised as an expense in the period in which it arises. 23
Blackpool Citizens Advice Bureau Company Limitsd by Guarantee Notes to the Financial Statements {conllnuedJ Year ended 31 March 2025 Llmited by guarantse The charity is a company limrted by guardntee. The members of the Company are the trustees. In the event of the charity being wound up, the liabilty in respect of the guarantee is limited to £1 per member of the charity. Donatlons and legacle8 Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donation5 Grants Blackpool Clinical commiss1ng Groutylntegrated Care Board Money and Pensions Service (Maps) Cadent Macmillan Children in Need Brib'sh Gas Energy Trust Social Prescribing Link Wofker The National Lottery Community Fund ITNLCF) Changing Futures Community Connectors ICB Urgent and EmergenGy Care Communty Research & EngagerneDt netsvork {GOREN) Voluntary Community Fath arKI Social Enterprise Bridge to Home Community Navigators Blackpool Council Research and Campaigns Spring North MHT Other Income 142,310 142,310 1C6,847 41,239 41,269 30,109 95,808 204,545 1C6,847 41,239 41,269 30,109 95,808 204.545 30,000 30,000 54,570 54,570 9,781 8,250 9,781 8,250 222,437 49,701 42,296 9,350 222,437 49.701 62,296 9,350 23.259 20.o¢JO 23,259 431.953 700,418 1.132,371 Unrestri¢ted Funds Restricted Total Funds Funds 2024 Donotions Donats"ons 3,556 3,556
Blackpool Citizens Advice Bureau Company Limited by Guarantso Notes to the Financial Statements (conllnuedj Yèar ended 31 March 2025 Donations and legacies (eMtlnu¢d) unreStrted Funds Restricted Total Funds Funds 2024 Grants Blackpool Cllnical Commissioning Groupllntegrated Care Board Money and Pensions SeNice (MaPS) Cadent Macmillan Children in Need 8rib.sh Gas Energy Trust Social Prescribing Link Worker The National Lottery Communty Fund (TNLCF) Changing Futures Community Connectors ICB Urgent and Emergency Care Community Research & Engagement ftefvr {CORENI Voluntary Communty Fatlh and Social Enterprise Bridge to Home Community Navigators Blackwol Council Research and Campaigns Spring North MHT Other Income 142,311 142,311 111,720 31,079 23.431 111,720 31.079 23,431 81.428 228.227 10.324 31.250 10.000 81.428 228,227 10,324 31,250 10,000 10,500 16,666 35,000 25,000 161,946 2,999 50,000 24,801 823,292 10,500 16,666 35,000 25,000 161,946 2,999 50,000 42,691 17,890 194,836 1.018,128 Investrn•nt in¢ome Unrestricted Total Funds Unrestricted Tota5 Funds Funds 2025 Funds 2024 Bank interest receivable 9.016 9.016 8.226 8,226
Blackpool Citizens Advice Bureau Company Limitsd by Guarantee Notss to the Financial Ststements {11¢) Year ended 31 March 2025 EXndit on ¢horrtabl• a¢tivili•s by fund typo Unrestricied Funds ReStrted Total Fund8 Funds 2025 Charitable actsvities Support costs 514.515 11,174 525,689 516,673 1,031,188 11,174 1,042,362 516,673 Unrestricted Funds Restricted Totsl Funds Funds 2024 Charitsble ¥tivibes Support costs 354.578 7,501 613,087 967,645 7,501 362.079 613,067 975,146 Expondiiure on ¢haritsbk aclivitl•s by a¢tivty typo Activities undertaken Grant ftjnding directty of actNrtEs Support costs Totsl funds 2025 Totsl fund 2024 Charitable activities Governance costs 1,024,240 6,948 1,031.188 11.174 1,042,362 967,645 7,501 975,146 11,174 11,174 1,024.240 Nol Income Net income is stated after chargin(Cr&Irt1ng}'. 2025 2024 Depreualion of tsngible fixed assets 3.978 3.978 10. Auditorn romunoration 2025 2024 Fees payable for the audit of the financial stsiements 4.400 4,000 26
Blackpool Citizens Advice Bureau Company Limitsd by Guarantee Notes to the Financial Statements (conllnuedj Year ended 31 March 2025 11. Staff costs The total stsff ¢osls and employee beneffts for the rewrting period are analysed as follows.. 2025 2024 Wages and salaries Social security costs Employer contributions lo pensK)n plans 678,797 44.213 21,142 744,152 621,739 44,786 10,842 677.367 The average head count of employees during the year was 32 (2024: 281. The average number of full-time equivalent employees during the year is anatysed as follows.. 2025 2024 No. Number of Organisation administrative support slaff Number of management staff Number of advice service I training managers Number of research and campaign workers Number of advice session supeNisors Number of outreach caseworkers Number of debt l energy advisors Number of social prerIbIng link w0e[S Number of welfare benefit advisors 32 28 The charity considers Tts key management personnel comprise the trustees. chief executNe offIr and th8 Deputy ChEf exeGutive Offir. The total employment benefit5 including employer pension conlributs'ons of the key management personal was £115.70912024.' £106,116). The number of employees whose Muneration for the year fell wthin the followin9 bands, were.. 2025 2024 £60,000 to £69.999 12. Trustee remuneration and expens•8 No trustees nor any persons ¢onnected with them have receNed any remuneration from the charity. The charity has not paKI any expenses incurred by the trustees for services provided lo the charity {2024 £NILI. 27
Blackpool Citizens Advice Bureau Company Limitsd by Guarant99 Notes to the Financial Ststements (coniinu•d) Yaar •nd8d 31 March 2025 13. Tanglblo fixod assots Freehold Fixiures and propety ffittrngs Total Cost At 1 Aprll 2024 and 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 198.907 144,938 343,845 95.573 3.978 99,551 144,938 240,511 3,978 244,489 144,938 Carrylng amount At 31 Mah 2025 99.3&S 99.356 103,334 Al 31 March 2024 103.334 Fixed assets acquired via a grant from the nation21 Lottery Comrnitte8 being the freehold propety (£198,907 cost, £99,551 deprection) and fixlures and fitbngs, {£74.663 cost, £74,663 deprecialionl are restn.cted in that the organisation may not dispose of these asseis without prior written pemission of the Board. nor use them as se¢urtty for a loan or any other ffinancial purpose. 14. Debtors 2025 2024 Prepayments Accrued income Other debtors 3,462 243,744 4.142 46.043 2.047 247.206 52.232 15. Other credltors In¢ludKng taxation and soclal securFty falling due withln one year 2025 2024 Social securty and other taxes Other creditors 8,272 3.531 12,622 1,243 13,865 11.803 16. Defed income 2025 2()24 Amount deferred in year 100,103 61,318
Blackpool Citizens Advice Bureau Company Limited by Guarantee Notss to the Financlal Statements (¢OnlInd) Year ended 31 March 2025 17. Pensions and other post retlrement benefrt5 Defined contrfbullon plans The amcwnt recognised in income or exFenditure as an expense in relation to defined ¢ontribubon plans was £21,142 {2024.. £10,8421- 18, Anatysls of charitable funds Unrestrlcted funds At 31 March 202 At 1 April 2024 Income Expenditure Transfers General funds Designated Fund 548,278 47,388 595,666 440.969 {525,689) 187,723 651,281 47,388 698.669 440.969 {525.6891 187,723 At 31 March 202 At 1 April 2023 IoMe Wenditure Transfers General funds Designated Fund 493,092 47,388 540.480 203,¢2 1362.079) 158,575 492.650 47,388 203,C62 1362,0791 158,575 540,038 Re8trfcted funds At 31 March 202 At 1 April 2024 Income Expenditure Transfers Restricted Fund 103.334 700.418 {516,673) (187,7231 99,356 At 31 March 202 At 1 April 2023 Income EXdre Transfers Restricted Fund 107,312 823,292 {613.067) {158,5751 158,962
Blackpool Citizens Advice Bureau Company Limitsd by Guarantee Notes to the Financial Statements fconllftued) Year ended 31 March 2025 19. Analy818 ol net ass•ts bgtween fund8 Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 99,356 725.803 130.726 127,134} {130,7261 698.669 99,356 99,356 856,529 1157,860) 798,025 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 103.334 103,334 85,414 698,945 (85,414} 1103,2791 103,334 699,000 613,531 (17,865) 595,666 20. Analysls of ¢hangos in not debt At At 1 Apr 2024 Cash fiows 31 Mar 2025 Cash * bank and in hand 646.713 137,3901 609,323 21. Oper•ting lease commltments The total flrture minimum lease payments under non-cancellable owrating kases are as follows.. 2025 2024 Not later than 1 year Later than 1 year and not later than 5 years 9,116 10,371 19.487 9,275 19,328 28.603 22. Related partle8 No trustees nor any persons connected th them have red any remuneration from the charity. The Charity has not paid any expenses incurred by the trustees for services proded to the chanty12024 £Nil). 30
Blackpool Citizens Advice Bureau Company Limited by Guarantee Management Infomiation Year ended 31 March 2025 Tho following pages do not fomi part ot the financial statements. 31
Blackpool Citizens Advice Bureau Company Limited by Guarantee Detailed Ststement of Flnanelal Actfivitles Year ended 31 March 2025 2025 2024 Income and endowments Donatlons and legacles Donations Blackpool Clinical Commissioning Groupnnt8Jrated Care Board Money and Pensions see IMaPSI Cadent Macmillan Children in Need British Gas Energy Trust Social Prescribing Link Worker The Nabonal Lottery Community Fund ITNLCF) Changing Futu Community Connectors ICB Urgent and Emergency Care Community Research & Engagement nets¥ork {COREN) Voluntary Community Faith and sal Enterprise Bridge to Home Community Navigators Blackpool Council Research and CampaMJns Spring North MHT Other Income 6CNJ 142,310 106.847 41,239 41,269 30,109 95,808 204,545 3,SS6 142,311 111,720 31,079 23,431 81.428 228,227 10,324 31,250 10,000 30,000 54,570 9,781 8,250 10.500 16.666 35.000 25.000 161,946 2,999 50,000 42,691 222,437 49,701 62,296 9,350 23,259 1.132,371 1,018,128 Invgstrnent income Bank interest receivab 9.016 8.226 Total Income 1,141.387 1,026,354 32
Blackpool Citizens Advice Bureau Company Limlt?d by Guarantee Detalled Slatement of Financial Activilles (¢ontinued) Year ended 31 March 2025 2025 2024 Expenditure Exponditure on ¢haritable activitlos Wages and salaries Redundancy Employer's national insurance Employerfs pension contributions Premises costs Other establishment general expenses Travel and training costs Legal and professional fees Offio costs Depreciation Irrecoverable VAT Granls to clients 678,797 608,479 13.260 44,786 10,842 46,365 6,7 12,632 109,143 53,168 3,978 13,617 52,080 44,213 21,142 22,338 6,743 17,825 162,180 66,065 3,978 12,133 1,042,362 975,146 Total 8xpendlture 1,042,362 975,146 Net In¢omel(expenditure) 99,025 51,208 33