FYLDE crrizENS ADVICE BUREAU LTD ANNUAL REPORT AND UNAUDITED ANANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2024 CompAny Regl$tratlon No. 07450392 (Eng1w Wal•s} Charlty Roglstratlon No. 1140175 •JD12vr65* 1611212024 COMPANIES HCiJSE
FYLDE CITIZENS ADVICE BUREAU LTD LEGALANDADMINISTrATIVE INFORMATION Trusts¢ Bo• Mr l R Driver MrAQJrp Mrs C Christiè Mr5 A Galbraith Mr T J Gascoyne (Chair) Mr M Paxton (Appointed 7 Fetsry 2024) Charfty number 1140175 Company numb•r 07450392 Reglst•r•d offic• Council Offi¢es Moor Street Kirkham Preston Lancashire PR4 2AU Ind•p•ndont exarniner Champion AcLxJuthts LLP Unit 2 Olympic Court Boardmans Way Whitehills Business Part BlackFwl Lancashire FY4 5GU
FYLDE CITIZENS ADVICE BUREAU LTD CONTENTS P¥g• Trustees. report 1ndeFl0nt exam1$ reFxNi Statement 0ffinancvaft- Balance sheet Notes to the finanual ststements 7-16
FYLDE CITIZENS ADVICE BUREAU LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Trnstee board. who act as Dire$ for the purrM)ses of I>anY Eaw, present their report and &Unts for the year ended 31 March 2024. The eharilable o)mpany was incsporated on 24 Nov8mbor 2010 and o)mm8nrxl on Ihe 24 March 2011. whn the fomigr unincorporated charty Fde Citizens A(fvice Bureau. (forrned in 19671 was v4ourTrd up and its assets and liabilibes transfeed into the new entity. Thg financiol ststements haw bgen prepared in acc1)rdan wrlh the acLyJunting lIcIeS sgt out in note 1 to the financial statements and ¢ompty with the ¢harity'$ Memrandum & Ariicles ofAssoaation. the Companies Act 2006 and 'Accounling ar Reporting by Charibes: Statennl of Reu)mmerKled pract applicable to charilies preparing their accounts in accordance wilh the Fin8n¢ial Rep(thg Stsndard 4iplicable in the UK and Republic of Ireland (FRS 102}" leffectNe 1 January 2019). Obj•etives ond actlvilies The ¢haritys objects are to yomote any chaiitable purpose for th• public benefit by the advancemont of education. the protection and preseNation of heath and the relief of poverty. sickness ar distress in particular. bul without limitation. for the benefit of the cornmunity in the Borwgh of Fylde and swrouTrJing areas. The policies adopted in furtherance of these objects are to eslablsh and provide and asstst in the provision of Citttens Advice servKes and ¢yJllets supptying a f, indep&rKlent, conftlenlial and impartial seThice of advice, informatw)n and counsel to everyone regardless of sex. disability. sexual Orienta. age or nationality across all areas. Athce and infomiakn are pw.ded on a wde rarye of subjects induding debt. welfare inefits housing, employment. consumer issues. relationships, famity matters. health. education. discriminabon, immigration and the law. ¢ogelher wlth w law spetJfKalty in debl and weffare b&nefits. The charity also provides speciallsl domestic abuse $uppDrt"The Servi is provided face to face, by telephone ¢x by email. Citizens Advice Fyldo is fvlty commilted to ¢(Ynpkne Tthh the requiRments of the genoral Data Protection Rogulalrons IGDPR) Data Prote¢tionAd 2018 aThl any SL@s5(le91S1ati0n. The Charity is outn$¢d ard rewlated by the Financial ConductAuthLYity- FRN 617610. The Trustee Board assesses arNJ develops the Buwness Plan an annual basis based on evkdence gained through Consultati with StakeIde[S and need5 asseSSmts. Public benefft Th8 Trusts8 Board they have complied WTlh their dut in accordance with the aims of the Charity and have paKI due regard to guidance issued by the Charity Commission on rwblic benefft and oxercigng those duties. Development. aCtsves andachlevements thls ar To achieve its aims arKI objg¢tives. the charity prwd05 athce 1hr a variety of projects as well as a 'G8n8ralist The projects ur¥Jertaken during this financial year .. Rosemary Project. Advice and SUPF¢rft Is provJed to those experlenckwJ or at rlsk of DomestkAbuse. Macmillan- Bonefits advi¢e and support pocrfjle with a cancor diagrwis and their tsmili8s. At Hom• ProJ•¢l . A h¢)mo visiling advrc8 seThrc4 for thosè who canr)t ¥tsil eitrler th8 Kirkham or St Annes office due to ¢Jlsabilty or carlng responsit4liti8s. Fyld• Mon•y-Adebt and budgeling saw¢8. Hous•hold Support Fund - Providing advice WKI d1strUlIng finaal suppct ¥ith erergy costs and other essenbal costs.
FYLDE CITIZENS ADVICE BUREAU LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlevom•nts and perfomance Signifan1 activities and achievemen¢s aga$toty8cfrveS Once again, Ihrougl)ut 2023-24 the Chairty has met all of its traCtUal obligabons and achieved all perf0mnCe related oulct)mes. in tems of cases dealt vAh duriry the year. Durlng the financial yéar 2023r24 we assisted 1955 clients. ORen a client presented with more than issue and soma clients sought adce on several separate cttasti)ns. Accordingty, during the year athce was provided on 7045 individual issues. We participate in Ihe Customer Ser41 Initiative operdted nalionalty by Cibzens Advi. That suryey reveals that 80% said th8t they bé likdy very likety to rn()mmend tyjr sen1 to famAy or friends. The national Performance Qu81ty Framework is empk)yed to ensure qualty of advi. ryjstomer satisfaction and effective leadership. Citizens Advice Fykje the AQS {Adwce Quality SlarKlardl mark and is therefore subj'ect to a managen( Finance and Compliance Audit every 3 years. A Leadership SelfAssessment Process undertaken In January 2024 nfimi9d bhat Citszens A(fvico Fykde m¢t the requirad stsrmlard in all asp8cts of governance, management and planning. Outcomes 8nd beneffts All the charity's work en$US the pfjop of Fylde are able to access inforrnation. athrce and casework to supwrt them to resolve ttir Indldual Problems. This improves econ1¢ wolkbeing, housing conditions. and improves heatth and well-being a$ well as gThing p80p the confidence to manage future Challenges. Flnanclal revlow The resutts for the year we as set in Ihtrattached Statsm8nt of.Financsal AdiwtKS.iThorn was a net operational deficit for the year am¢JJnting k) £6.952 12023 . deficit £16.044}. At ts Balance Sheet d*e. total reserves amounted lo £111.443 12023 £118.3951. being unrestricted fijnds of £111.443 12023 . £118,395) and reslrited funds of £Nil12023 . £Nill. ReseThes polKy The Reserves Policy is to maintsin a gerra1 reserye and a maintenance and devek)pment reseNe. The purpose of the General Reserve is to cover periods of finonrial difflty and to provide suffioent funds for a smooth wind-up of the company should this ever be necessary in the event of a major furKler withdrawing supwt. This is currently sel at £65.328. The purpose of the maintenance arKI devewment reseThe is to ensure current levels of provision of service is maintained should there bo a srt[aLl in fuThJing. In •Jdibon. Ihe reserve furKI make provision for fulure developments of servic8. Maiorrisks The TNstees have assessed Ihe major risks lo vthich Ih? charity is exposed, and arg satisfied that systems are in place to mibgate exposure to lh8 major risks. Strudure. govornance and managom•nt The Trustees meet at least fr times p8r year ptus the knnual General MeetiNJ. Trustees. vA)o are also Directcvs crf the wrpany. are appointed in accfjrdance ¥rith the Articles of AssocSation of thè Charity. The Trustees Board plays 8 cnjdal TO In gNing the slratwc dlreclion and vision for chafity. The Trustee Board OV8rsees the finances and is resnble for ensuring the viabilty of the Chaiity, as w811 as managing risks and ensurirvJ effective operation. Being a Trustee is a vokmtsry rcAe and they reofve no remuneration.
FYLDE CITIZENS ADVICE BUREAU LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The day4iHJay manwmgnt of the charity is carried out by the Chief Exerjjtive, Natalie Traynor. assisted by an Advice Service Manager, Advice seThi Supervisors and an Administrator. The chariWs services are carried out by paKI members of staff 8$ well as volunteers who generously gNe their time without any financial rernUneratn. All staff and volunteer5 undertake a comprehensive trdiThn9 prwamrne before bw.ng certiffied lo give advice, and receive gUlar fresher trainitw a$ appropriate. arty is a oimpany limited by 9uarantee and does rlt have a share pItal. The truslee LY)ard, are also the ¢Jireclors for the purFx>se of MpanY law. and served during the year and up lo the dats of sKJnature of the financial statements were: Mr l R Driver MrA Curphey Mrs C Christie MrsAGalbraith Mr T J Gascoyne ICh8ir> Mr M P8Xton {appointed 7 Fèbruary 2024} Recruitment gnd*9ppolntnnt of trustee$ New trustees are app¢inled by way of fcffiwl opplirAtion arthj interview proces5. Their appointment is confirmed al the nextAnnual General Meeting. None of the Twstees have any benefitial interest in the company. All of the Trustees are ffembers of the company and guaranteeAo contribute £1 in the evenlof 84winding up. rt was approved by e Bwd ofTruste8S. MrTJ ne Dale-. ..................
FYLDE CITIZENS ADVICE BUREAU LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEE BOARD OF FYLDE CITIZENS ADVICE BUREAU LTD I report to the trustee board on my. examinatw of fnancial ststernnts cl Fylde Citizens Advic• Bureau Ltd (the charity) for the year ended 31 March 2024. Responsibilities and bais of report As the trustee boaid of the ¢harity {arKI also its directrys for the wrF)ses of (xmpany Lqw) you are responsible for the preparation of finan(xal statements in accyJrdanc8 with the requirements of the Companies Act 2006 (the 2006 Art). Having satisfied myself Ihat the financial ststernents of Ihe charity are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in resFeCt of my examination of the charity's financial statements carried out Ujer section 145 of the Charities Act 2011 {Ihe 2011 Act). In ¢arying out my examination I have folWed all the appltcabje Directions given by the Charity Cornrrmssion under section 14515Mb) of the 2011 Ac Indèpendent examlnerf$ statement I have completed my examination. I confimi that no matter5 have o)me to my attention in connedion the examination giving me cause to bolKve that in any material respect.. accounllng recijrds were not kept in respect of the charity as requyed by section 386 of the 2006Act', or the financial stslements do not accord 1h those reccrfts; or the !Inancial statements do not compty wth th8 8¢ts)untiTrJ requirements of sedion 396 of the 2006 Act Dlher than'any requirem6nt that the atxounts give a true and fair view whith is not a matter considered as part of an independent examination,. the finanaal statements have rK>t been prepad in accfffdance with Ihe methods and principle$ of the statement of Recommended Practice for accounting and. reporting by chaAlies applicable to Charities preparing their accounts in arxordartt with the Financial Rewling sIdard appluble In the UK and Republic of IrelaThJ IFRS 102). I have no concems arKI have eome across no other matters in connectKn wlth the examlnatlon to whlch attention should be drawn in this report in order lo enable a pn)per UJerStsndin9 of the finanual ststements to be reached. Ch•mpion AC¢(n*1nts LLP ChampK>n AccAyJntsnts LLP Unit 2 Otympic Court Boardmans Way Whilehills Business Pwk BlackFwI FY4 SGU Dated". 9 ao>¥
FYLDE CITIZENS ADVICE BUREAU LTD STATEMENT OF FINANCIAL ACTivmES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrnstrlcted Restricted lunds funds 2024 2024 Total Unr•strithd Restricted funds funds 2023 2023 Total 2024 2023 Income and eThdowMe frorn: Donations and legau8S Charitsbk acbwties Oiher income 5.975 129.259 5.975 192.624 2.095 137.829 1,560 63.365 3.333 141,162 1,560 Total Income 138.778 63,365 202,143 141,484 3.333 144.817 Exp•ndltur• gn: Charitstile aciivities 145.730 63,365 209,095 157,528 3,333 160,861 Total expendilurn 145.730 63,365 209.095 157.528 3.333 160.861 N•t •xpendltur• and mov•m•nt in funds {6.952) (6,952) (16.0441 (16,0441 R•conclllatlon of funds: Fur#J balan al 1 April 2023 118,395 118,395 134.439 Fund balancts al 31 March 2024 111.443 111.443 118.395 118.395 The ststemenl of firtanctal activil]es includes all gains and losses reconNsed in the year. AM incowne and expenditu derivg frorn continuing activities.
FYLDE CITIZENS ADVICE BUREAU LTD BALANCE SHEET ASAT31 AIARCH 2024 2024 2023 Fix•d assets Tangible assets 12 416 1,396 Curr•nt ass•ts Debtors Cash al bank and in harKI 13 330 309,281 222,174 222.618 309,611 . Crndltorn: amounts tslllng due within one year 14 1111.591) {192.612) 111.027 116,999 Tot1 as#•ts l•$$ eurr•nt li#bllltlès 111.443 118,395 Net amets exGluding pension liabillty 111.443 118,395 funds'-of the chity Unreslricted funds 111.443 118.395 111.443 118.395 The Company is enlitled to the exemption from the a111 requirement ¢taIrd in section 477 of the Comp8niesAct 2006. for the year ended 31 Marc 2024. The directors acknowledge thr responsiblltties for complwry vth the requirements of the Companles Act 21x16 with rospect to lnI1Thg reclyds and the preparation of financial statements. The rr*mbers have not required the company lo oblain an audit of ts Tnc4a1 statements for the year in question in accordance with sectlon 476. These finanaal slatements have been prepared in a)Id wilh the provisims applicable lo comp8nteg subject lo the small companies regime. The financial sts I.1 221 nts were approv&J bylhe trustee board on...... . ............ MrTJGa Company reglstration number 07450392 (England and Wales}
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounting policies Charity infomlatlon Fylde Citizens Advtce 8ureau Ltd is a private company limtted by guarantee incorFX)raled rn England and Wales. The registered office is Council offi Mcor Street. Kirkham. Preston, Lancashire, PR4 2AU. 1.1 AccountlThg convention The financial ststements have been prepared in accordan with the tgoveming documenti. the Companies A¢t 2006. FRS 102 Yhe Financial Reporb'ng S18fidard applicabb in the UK and Republic of Ireland" I'FRS 102"} and the Charities SORP "A)untIng and Reporting by Charities= Statement of Recommended Pracb"ce applicab lo charities preparing their accounts in accordance wth the Finanaal Reporting Standard applicable in the UK and Repthlic of IrelarKI IFRS 102)" {effectNe 1 January 2019). The ¢hority is a Public Benefft Enw as deffird by FRS 102. The charity ha$ tsken •d¥anlage of the &Ktyisions in the SORP for dwilios not to prepare 8 Statement of Cash Flows. The finKlal stslements are prepared in slertrwj. 1$ the functional wrrency of Ihe charity. Monetsry amount$ in these fnancial statemerts rourKled to the nearest £. The finanaal stslements have been prepared under the historKal txist convention. The principal accounting policies adopted are set out bekMT. 1.2 Golng ¢¢)n¢•m At the time of approving the finanoal stateffnts, the trustee board have a reasonable expectation that the charity ha5 adequate resources to ¢onlinu¥ inwrabonal existen¢e for the foreseeable future. Thus the trustee boarrj ¢ontinue to adopt the going basts of accounting in preparing the financial StatenIS. 1.3 Charltsbk funds Unreslricled fijnds are available for use al the di5udion of the trustee board in furtsrn of their charitable cjectives. R8slricted fvnds are subject to speofic cg)ndffjons by donors or grant0 as to how they may be used. The purposes and uses of the restricled funds are set ¢)ut in th8 notes to financlal statements. Endowment furKls are subpct to spKifK CA)nthb by Ikytrxs that Ih8 capital must bg maintained by the charity. 1A Incom• I10m& B rew3nis8d when the charity is legalty entilled lo it aftér any perfOmWr condtlions have been met. the amounts can be measupd reliabty. and it is probablg that inccrfne wll be received. Cash dmtions are recognised on receipt. Other dor1*1$ are reQrIsed CrfK the charity has been notffied ot the donation. unless perfomance condilions require deferral of the amount. Income tax recoverable in relation to donations received under Giftpid or deeds of covenant is recognised al the time of the donation. Legacles are recognised on (top1 or olherwise rf the chanty has been notrfied of an impending distribution. tho amount is known. and receipt is expected. tl thè amunt is not known. Ihe legacy 1$ treated as a continggnl asset.
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 AntIng poll¢l•s (COnllnuj 1.5 Expendltur• Expendrture is recogni5ed once tWe is a legal or (>JnslnKtive oblhjathon to transfer ecorbomk benefft lo third party. it is probable that a transfer of eccmnic benefits will be required in settlement. and the amount of the obligatpJn can be measured relrabty. Eynditure 1$ classffied by athity. Thè eosts of oach acbvity are made up of the totsl of direct costs antj shared costs, Including support Sts inviAved in urKlertaking eath acbvty. Direct costs attributabl8 to a singl8 adivty are allocated direclty to that #Cty. Shared cosls ¥thh contribute lo more than one activity and suprth costs which are not attrilm5tab to a single acliw are apwtiongd beiweon thoso adivities on a basls onsistenl wrih the use of SourCes. Central staff costs are allocated on ts basis of time spont, and deprec¥ation Larges are allocated on the portK)n of the a5sefs use. Restricted funds arg to b8 used for Ihe spe(xfic purposes a$ kid down by the don. Exlwliture vthich meets this criteria 1$ identified to the fund. together with a fair aIkxan of managemont and support costs. Unrestricted d)aritsble expeThJilur8 wnprises those costs irUrred by Ihe chanty in the delivery of its activibes and services for its benefickiries.lt includes both costs that be alotated directty lo such activities and those costs of an indirect nature necessary lo support them. Governance costs inckjde Ihose (osts assooated vAth meetiThJ statutory requirements of the tharity and include the independent accountanfs fees. 1.6 Tangible fixed assets Tangible fixed assets are Initial measured al cost and subsw4uwly measured at t$1 or valuation, nel of depreciatn arKI any impaiment losses. Depreciation is renised so as to lte off Ihe Lxjst or valuation of assets less Iheir residual values <wer their useful lives the followbng bases: Fixtures. ffttings & equipment 25% on ¢x•st The gain or loss arising the disposal of an a1 is deterrnln as the dIfferen belween the sale proceed5 and the caryirvJ Value of the asse( a)d is recognised in th8 ytalement of finanaal actmties. 1.7 Impaliment of fix•d ass•ts At gach repofling end date. the thanty reviews Ihe caryirrfJ amounts of its tangible assets to determine ther there is any indication Ihat Ihosg assets have suffered an impainrnt loss. tf any such indication exists. the recoverable amount of the asset ts estimated in order lo detemiine Ihe exlenl of the impainment loss Irf any). 1.8 Cash and ¢a$h •qulvalents Cash and cash equivalents include cash in harKI, deposils hekj at call with banks. other short-tem liquid investments original malurrties of three months or less. and bank overdrafts. Bank overdrafts are Shown within bomJwirwJs in current liabilitres.
FYLDE CITIZENS ADVICE BUREAU LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ounting polici•s
{Conlinu•d)
1.9 Fln•n¢l•l instruments
The charity has e1g¢te(J to appty the provwins of Seclion 11 'Basi¢ Financial Instruments, and Section 12
'Other Finanrjal Instruments Issues, of FRS 102 to all of ils finanual instrumonts.
Fln8ncial instruments are recognised in Ihe charitys bèlar sheet when the charity becomes poty to Ihe
contractual provIsnS of the instrumenL
Financlal assots and labilitth ar9 offseL with the net amounts presented in the financaal ststemonts, Nvhen
there is a legally enfoTceable right to Set off the recognised amounts and there is an intention lo settl6 on a net
basis or to realise the asset and setue the liabifjty wmullaneousty.
Basic finan¢ial as$ets
Basic finanrAal assets. vthKh indude debtor5 and lash aThJ bank balan. are initialty measured al
transaction price including transxtion costs and ar¢ subsequentty carri at amortised $t using Ihe eff$cti¥e
interest method unless the arrangemnt ojnstitutes a financing transacl)n. wheTe th8 transaction is
measured at the pSefit value of the fuknre receipts dIsCnIed at a market rale of interest. Financial assets
classified as receivable within one year are not amorlised.
Basic finan¢lal liabilftl•s
Basic financial liabilities. induding creditors and bank loans are inth.ally recognised at transattion price unless
the arrangement constitutes a financAng transaction. vthere the debt instnjment 15 measured at the present
value of the future paym¢nts lSle(l at a market rate of interest. Financial IAbilities dassrFed as payable
thin one yoar a not amortised.
Debt instruments are sub5equW carried at atised cost. using the effectrvo interest rate method.
Trade creditrys are obligations to pay fix gLKNls or soM¢e$ that have been acquired in the ordinary course of
¢Jp$rations from suppliers. Amounts payable are classffied as currenl liabililies rf payment is due within one
year or le55. If not. Ihey are presented as nOn<U nt liabilibes. Tr•le ¢re(lilors are recognised initially ot
trarJsa¢lion price and subsequenlty measuFed al amortised cost using Ihe effective interest method.
Dornc
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) roR THE YEAR ENDED 31 MARCH 2024 Crili¢al a¢¢ounting etimate8 and Judg•ments In the applicatn of the Chari$ arxounting policies. the trustee board are required to make judgements. estimates and assumptions about the ¢anying amwnt of assets and liabilths that are not readily apparent from other sources. The esbmates and associated assumptions are based on historical experience and other lactors that arn considered to revant Acknal resuffs may drferfrom these e$timalg$. The estimalos and underlyrng assumptions a reviewed on an ongoing bas. Revisions to accounting estimates are recc•Jnised in the period in the estimate ts revised where the revis affects only that period. or in the pericrfl of revisKm and futu perK>ds where the revision affects both current and fvture rh)ds. Income from charttable activiti Totsl Unrestrlc10d Re$trlcled lund¥ funds 2023 2023 Totsl funds 2024 funds 2024 2024 2023 Services provided under contract Perfomwnc8 r8lat8d grants 32,177 32.177 35.747 35,747 97,082 63.365 160.447 1DS,415 129,259 192,624 137,829 3,333 141,162 Donallons and legacies Unr•strlct•d Unrestrlcted funds funds 2024 2023 Donat*Jns and gilts 5.975 2.095 Sundry in¢om• Unr•strkted Unrestrict•d funds funds 2024 2023 Other incg)me 10-
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 IAARCH 2024 Support costs allocated to admlles 2024 2023 Depreaation Govemance costs 2,424 822 774 1.755 3,246 Analysed belween: Charitable activities 1.755 3,24 Govemance costs ffjpresent payments to the ItyJeperKJent Examiner for a¢MunlanGy fees. The charity is exempt from audit. Net mov¢m¢nl In funds 2024 2023 net movement in lunds Is stated after chan•n(r¥edng). Depreciation of owned tangitA8 Ted assets 981 2,424 11
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2024 Ch¥itable activiti•s Dlre Dlr•ct ¢harf¢able Charitable •xp•ndlturn expènditure 2024 2023 Staff o)sts Insurance LvJht & heat R8pait5 & maintenance Printing, slationery & compLrtor Telephone Travel & training Sundry expenses Subscriptions Legal & wofesshjnal Rent Staff training 141,526 437 13.536 2,204 12.757 8,983 8.102 2.257 3.820 288 12.250 1,180 107,323 554 5,625 7.333 4.010 6.442 1,575 12.250 207.340 157,615 Share of 5UPPOrt C0515 (see note 61 Share of governan costs (see note 6) 2,424 822 774 209.095 160.861 Analysi• by fund Unreslri(aed funds Resthcted furKIs 145.730 63,365 157,528 3,333 209.095 160,861 Trusleo Board None of ts trustee board (or any pers(w)s Con th them) recefved any remuneralK>n durir¥J the year. 10 Employees The average Mi1h nwnber ofemployees duriThJ the year was: 2024 Number 2023 NuMr 10 12-
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Employees (Continuod) Employrn•nt costs 2024 2023 Wagés and salaries Other pension costs 136.868 4.658 103,765 3.558 141.526 107.323 There were no employees vhK)se annual rBmun8ration was than £60.000. 11 Taxation The charity is exempl from taxation on its 8cb¥ibes because all its inrne appled for charitable purposes. 12 Tanglbh fixed as90ts Fix¢yre•. flttlng$ & ¢tyiprnent Cosl Al 1 April 2023 28.082 At 31 March 2024 28,082 D•prn¢ialion and impaimb•Tht At 1 Apri5 2023 Dewec4ation charged in the year 26,685 981 At 31 Marth 2024 27.666 Carrylng amount Al 31 March 2024 416 Al 31 March 2023 1.396 13 Debtors 2024 2023 Amounts falllng du• wlthln om yw. Prepayments and a¢¢rued inwn& 13-
FYLDE crrizENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUCD) FOR THE YEAR ENDED 31 MARCH 2024 14 Crodllors: 4mlnts falllng du• within one year 2024 2023 Other taxation and social security Govemm8nt grants Other creditors Accruals and defarr•d income 1.012 28,500 76.162 5.917 607 21,667 165.871 4,467 111.591 192.612 15 Retirement benefft schemes 2023 D•fined contrfbution sch•mes Charge to profft or loss in respect ofdefin&J C<tr11Mrtb)n 4.658 3.558 The charity operates a dgffined conlrthutw)n pension scheme fty al qUlfyIng employees. Th6 assets of the scheme are held separatdy from those of the charity in an irKlependentty administered fvnd. 16 Unmtri¢tod funds The unrestricted fvnds of the tharity comwise the unexpeThJed balances of donalions and grants which are not subject to specific ndinS by donor5 and grantors as lo how Ihey may be used. These include designated furKIs which have been set asKle out of urnstrh#ed fvThls ty the trustees for specific purposes. At 1 Aprll mlng R•¥ourc•s At 31 Mar¢h 2023 r•$4wr¢u •xpended 2024 RedurKlancy costs General fvnds 11.730 106,665 4.933 133,845 16.663 94.780 (145.730) 118.395 138,778 1145.7301 111.443 Previous y•ar. At 1 April Incoming 2022 resources Resoure•s At 31 Mareh expended 2023 Redundancy costs General funds 8,823 125.616 2,907 138.577 11.730 106,665 (157,528) 134,439 141,484 {157.528) 118.395 This swi is held as designated vAthin unrestsicted reseNes to o)vgr potontial redundancy costs. 14-
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Analysig of n•t awts b•twe•n funds Unrnstrfcled funds 2024 At 31 Mar¢h 2024: Tangible assets Current assetslviabi1it$) 416 111.027 111.443 untrICted funds 2023 At 31 March 2023: Tangible assets Current assets10iabilit> 1.396 116.999 118.395 The charity is oblvJed to enwre that the unrestricted reser¥es are sufficient lo cover three months operating cos15 in Order that an ordedy njn down of the Ly)mpany coukl lake place in the event of core funding being lost. The amount of reseNes required to cy)ver this obligatim amwnts to £48.665. The free unrestricted reseThes there1e amount to £62.778. Thi$1ovsl of reseryes is to ensure thal rrent knls of seNce provision can be mainlaine(I should there b8 a shortfall in funding. In addition the SerVe fund make5 provision for future development of service. 18 R•strlcted funds Th8 restrictsd fvnds of the charity ¢(Knprtse the unexpended balantx of ¢Yonatiorts arKI grants held on trust subied to specific condilrons by don0 as to how th8y may b8 Used. Al 1 Aprfl In¢omlng Resourc At 31 March 2023 r•$ourus •xp•nd•d 2024 Rosemary PrOjt At Horne Project Fyldfr Borough Cwnryl for Fylde Money Fyldts Bortywh Counol M8cmi118n Advuline 6.667 7.000 5.000 24,$00 12,198 8.wo 16.6671 (7.0001 15,0001 124.5001 112.1981 18.000) 63.365 163.3651 15-
FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 R•lricl•d funds (Conllnu•dl Prnvious yoar. At 1 April InGoming R•sour¢•s Al 31 M•rGh 2022 resources expended 2023 Rosemary Project 13.333) M8¢mlllan - beneffts adv and suppcAt for people wrlh cancer thagnosrs arKI tr1r families. Ro$8mary prolect - advice and support to those expeiiencing or at risk of DomesticAbuse. At Hom• Fbmi•Ct - a home visiting advice semce tlse cannot visrt either the Kirkham or St Annes Offi due lo disabilty or e4ring re¥M)nSi"11ti"8$. Fyldt Money- a debt ard budgeting advice servi. 19 R•lated party transactlons There were no dlscbsable related paty transaraiDn$ durirKJ Ihe year {2023- rAe). 16-