## ## ## |Reference and Administrative
Details|I to 2| |---|---| |Trustees Report|3 to 9| |Statement ofTrustees' Responsibilities|10| |Independent
Examiner's
Report|| |Statement ofFinancial Activities|12| |Balance Sheet|13| |Notes to the Financial Statements|14to 23| ||Citizens Advice|Citizens Advice|New Forest Ltd|New Forest Ltd| |---|---|---|---|---| ||(formerly
known as New Forest Citizens Advice Bureau)|||| ||Reference and Administrative|||Details| |Chair|J.J.Ogden|||| |Chief Officer|A Talbot (Resigned December 2022)|||| ||JMcMahon
Hnterim|Chief|Ofticer)|| ||N Young (Appointed|April|2023)|| |Trustees|LGMiles|||| ||GANewman|||| ||JM Baldwin|||| ||PRH Jennison|||| ||JKalathil
(Appointed|May|2023)|| ||D Smith (Appointed|May 2023)||| |Secretary|FEMarsden|||| |Principal Office|Town Hall|||| ||Avenue Road|||| ||Lymington|||| ||Hampshire|||| ||SO41 9ZG|||| ||The charity is incorporated||in England|and Wales.| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |(Including Income and Ex|penditure
|Account and St|atement ofTotal Rec|ognised Ga|ins and Los| |---|---|---|---|---|---| ||Note|Unrestricted|Restricted|Total|Total| |||funds|funds||| |||2023|2023|2023|2022| |||8||8|| |Income and endowments|||||| |Donations
and legacies
Charitable
activities||267,197|109,991
118,388|377,188
118,388|325,625
120,681| |Other trading
activities
Investment
Income||3,413|64|64
3,413|75
599| |Total Income||270,610|22S 443|499,053|446,980| |Expenditure on:
Charitable
Acitvities||283 488|238 098|521,586|427 524| |Total Expenditure
Net income||(12,878)
283 488|(9,655)
238 098|521,586
(22,533)|427 524
19,456| |Transfer between
funds||17509|17509||| |Net movement
in funds||30,387|7,854|22 533|19,456| |ReconciTiation offunds|||||| |Total funds brought
forward
Total funds canted forward|17|318518
288,131|30,862
38,716|349380
326 847|329,924
349,380| |Statement ofFinancial Activities|-Comparative|Data for the Year Ended 31March 2022|||| ||Note|Unrestricted|Restricted|Total|Total| |||funds|funds||| |||2022|2022|2022|2021| |||8||8|0| |Income and endowments|||||| |Donations
and legacies
Charitable
activities||270,616|55,009
120,681|325,625
120,681|307,388
121,093| |Other trading
activities
Investment
Income||75
599||75
599|100
640| |Total Income||271,290|175,690|446 980|429,221| |Expenditure on:
Charitable
Aoitvities||259 198|168,326|427 524|283,112| |Total Expenditure
Net income||259,198
12,092|168,326
7,364|19,456
427,524|146,109
283,112| |Transfer between
funds||5,159|5,159||| |Net movement
in funds||6 933|12,523|19456|146,109| |Reconciliatioa offunds|||||| |Total funds brought
forward
Total funds canied forward|17|311585
318,518|18339
30,862|329,924
349,380|183815
329924| ## ## |||||Note|2023|2022| |---|---|---|---|---|---|---| ||||||f.|f.| |Current
assets||||||| |Debtors||||13|26,586|26,987| |Cash at bank|and in hand||||405,352|376,560| ||||||431,938|403,547| |Creditors: Amounn||falling|due within one year|14|(70,091)|(19,167)| |Total Assets|Less Current||Liabilities||361,847|384,380| |Provisions||||15|(35,000)|(35,000)| |Net assets|||||326,847|349,380| |Funds ofthe|charity:|||||| |Restricted Income Funds||||||| |Restricted Funds||||17|38,716|30,862| |Unrestricted|Income|Funds||||| |Unrestricted|Punds|||17|288,131|318,518| |Total Funds|||||326,847|349,380| ## ## ## ## ## ## |Inveslmentincatne|Inveslmentincatne||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Investment
income is recognised
on areceivable basis.|||||||||||| |Chari lable activities|||||||||||| |Income I'rom charitable
activities includes income recognised
as earned (as the related|||||goods||or services are provided)|||under|| |contract.|||||||||||| |Expenditure
and irrecoverable
VAT|||||||||||| |Liabilities
are recognised
as soon as there is a|legal or constructive
obligation||committing|||the charity to the expenditure.|||||All| |expenditure
is accounted for on an accruals basis and has been classified under|||headings|||that|aggregate||all costs related|to the|| |category. Irrecoverable VAT is charged
as acost against the activity for which|||the expenditure
was|||||incurred.|||| |Raising funds|||||||||||| |These are costs incurred
in attracting
voluntary|income, the management|ofinvestments||||and|those incurred in trading activities||||| |that raise funds.|||||||||||| |Charitable
activities|||||||||||| |Charitable
expenditure
comprises those costs|incurred
by the Charity
in the delivery ofits activities|||||||and services for its|||| |beneficiaries. It includes both costs that can be allocated directly to such||activities||and|those||costs ofan indirect nature||||| |necessary to support them.|||||||||||| |Governance
costs|||||||||||| |Governance
costs include costs of the preparation
and examination ofthe||statutory
accounts,|||||the costs oftrustee meetings||||and| |the cost ofany legal advice to trustees on governance
or constitutional
matters.|||||||||||| |Debtors|||||||||||| |Trade and other debtors are recognised
at the|settlement
amount
due atter any||trade discount||||offered.||||| |Prepayments
are valued
at the amount
prepaid|net ofany trade discounts|due.|||||||||| |Cash at bank and in hand|||||||||||| |Cash at bank and in hand includes cash and short term cash deposits|||||||||||| |Taxation|||||||||||| |The company
is aregistered
charity and therefore,
is not liable for income tax|||or|corporation|||tax on income derived||||| |from its charitable
activities, as it falls within|the various exemptions
available||to|registered|||charities.||||| |Borrowings|||||||||||| |Interest-bearing
borrowings
are initially recorded at fair value, net of transaction||||costs. Interest-bearing|||||borrowings
are||| |subsequently
carried at amortised
cost, with the difference between the proceeds,||||net oftransaction||||costs, and the amount|||due| |on redemption
being recognised as acharge to the Statement ofFinancial||Activities over||||the|period|ofthe relevant borrowing.|||| |Interest expense is recognised on the basis of|the effective interest method|and|is included|||in|interest|payable and similar|||| |charges.|||||||||||| |Borrowings
are classitied as current liabilities|unless the charity has an unconditional||||right to defer|||settlement ofthe liability|||| |for at least twelve months
after the reporting|date.||||||||||| |Creditors aad provisions|||||||||||| ## ## ## ## |3
Income||from donations
and legacies||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds|2023|2022| ||||||g|| |Donations|and legacies;|||||| |Donations||from individuals|4,416||4,416|4,105| |Donations|and legacies;|||||| |Government||grants|262,781||262,781|266,541| |Grant &om||other charities||109,991|109,991|54,979| ||||267,197|109,991|377,188|325,625| ## ## |Restricted|Total|Total| |---|---|---| |funds|2023|2022| |118,388|118388|120681| ## |I|ncome|from|other|trading|activities||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||Restricted||Total||Total|| |||||||funds||2023||2022|| |Other|income|from|other|trading|activities||64||64||75| ## |6
Investment
in|come|||| |---|---|---|---|---| |||Unrestricted|Total|Total| |||funds|2023|2022| |Interest receivable|and similar income;|||| |Interest receivable on bank deposits||3,413|3,413|599| |7
E|xpenditure
on charitable
activities|||| |---|---|---|---|---| |||Activity|Total|Total| |||support
costs|2023|2022| |||8||8| |Advice|giving;|521,586|521,586|427,524| ## ## ## ## |||Advice|Governance|Total|Total| |---|---|---|---|---|---| |||giving|costs|2023|2022| |||8||8|| |Staffcosts||400,241||400,241|306,157| |Admin cost||41,341||41,341|50,194| |Premises||52,800||52,800|42,217| |Computer|costs|11,278||11,278|18,714| |Finance costs||416||416|96| |Other support costs||12,945||12,945|7,486| |Governance|costs||2,565|2,565|2,660| |||519,021|2,565|521,586|427,524| ## |The aggregate
payro|ll costs were as follows||| |---|---|---|---| |||2023|2022| |Staff costs during
the year were:
Wages and Salaries
Social security costs
Pension Costs
Other Staffcosts||347,428
20,627
12,537
19,649|274,133
11,975
9,905
10,144| |||400,241|306,157| |The monthly
average number of persons (including
senior m
as full time equivalents
was as follows:|anagement
team) employed
by the charity du|ring the|year expres| |---|---|---|---| ||2023||2022| ||No||No| |Managerial||3|1| |Service delivery||15|11| ||||12| ## ## ## |13
Debtors||||| |---|---|---|---|---| ||||2023|2022| |Prepayment|||6,141|5,952| |Accrued income|||20,445|21,035| ||||26,586|26,987| |14
Creditors: amounts|fafiing due|within one year||| ||||2023|2022| |Other taxation
and social|security||4,500|3,525| |Deferred income|||56,197|8,251| |Accrued income|||9,394|7,391| ||||70,091|19,167| |15
Provisions||||| ||||Dilapidations|Total| |At 1 April 2022|||35,000|35,000| |Credited to the statement|of recognised|gains and losses||| |At 31March 2023|||35,000|35,000| ## ## ## ## ## ## |Funds|||||||| |---|---|---|---|---|---|---|---| |||Balance atI|Incoming|Resources|Transfers|Balance at|| |||April 2022|resources|expended||31|| |||||||March|2023| |||||||8|| |Unrestricted
funds|||||||| |General|||||||| |Unrestricted
Income Fund||318,518|270,610|(283,488)|(17,509)|288,131|| |Restricted funds|||||||| |Macmillan|||29,265|(36,858)|7,593||| |Larder HUB Grant|||14,131|(9,105)|||5,026| |NFDC Debt Supervisor|||17,500|(14,554)|||2,946| |Restorative
Justice||600|||||600| |Ringwood Food Grant||5,023|2,172|(55)|||7,140| |Help to Claim Universal|Credit||64||||64| |Home
dc Well||25|||||25| |MaPSDAP||11,255|89,123|(92,440)|||7,938| |Help To Claim Phone R|Webchat|5,028|||||5,028| |National
Lottery Citizens|Advice||6,596|(6,596)|||| |NF Campaigns
Manager|||25,475|(29,866)|4,391||| |Financial Inclusion|||19,321|(21,508)|2,187||| |HIWCF Charles Burnett|||20,000|(23,338)|3,338||| |HAF Signposting|||4,796|(3,778)|||1,018| |Sovereign||8,931|||||8,931| |Total Restricted funds||30,862|228,443|(238,098)|17,509|38,716|| |Total funds||349,380|499,053|521 586||326,847|| ## ## ||Balance at I
April 2021|Incoming
resources|Resources
expended|Transfers|Balance at 31
March 2022| |---|---|---|---|---|---| |Unrestricted
funds|||||| |General
Unrestricted
Income Fund|311,585|271,290|(259,198)|(5,159)|318,518| |Restricted funds|||||| |Macmillan|2,788|30,178|(34,349)|1,383|| |Restorative
Justice|600||||600| |Home &Well|131|780|(886)||25| |MASDAP|(3,776)|||3,776|| |Webchat|1,326|40,741|(37,039)||5,028| |Sovereign
MaPS|8,931
6,163|90,533|(85,441)||8,931
11,255| |Ringwood Food Grant|2,176|8,558|(5,711)||5,023| |Bury Brickfield
HAF Outreach||2,400
2,000|(2,400)
(2,000)||| |UoS Cost ofLiving Project
Total Restricted funds|18,339|500
175,690|(500)
(168,326)|5,159|30,862| |Total funds|329,924|446,980|427,524||349,380| ## ## ## ## ## ## |18
Analysis ofnet assets between
fund|||| |---|---|---|---| ||Unrestricted|Restricted|Total funds at| ||funds|funds|31March 2023| |Current Assets|393,222|38,716|431,938| |Current Liabilities|(70,091)||(70,091)| |Provisions|(35,000)||(35,000)| |Total net assets|288,131|38,716|326,847| ||Unrestricted|Restricted|Total funds at| ||funds|funds|31March 2022| |Current Assets|372,685|30,862|403,547| |Current Liabilities|(19,167)||(19,167)| |Provisions|(35,000)||(35,000)| |Total net assets|318,518|30,862|349,380| ## ##