FYLDE cmzENS ADVICE BUREAU LTD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Company R•glstration No. 07450392 (England and Wales) charity Reglstratlon No. 1140175 •AEVAUJ9C' 1C¥12r2025 C(￿PANIEs HOUSE #221 FYLDE CITIZENS ADVICE BUREAU LTD LEGAL AND ADMINISTRATIVE INFORMATION Tmstst Board IthA Curphey Mrs C Christse Mrs A Galbraith Mr T J Gascwe (Chair) IAr M Paxton IT8$￿3ned 26.5.251 Charity Trumber 1140175 Company number 07450392 R•glst•r•d •ffi¢e Council Offices Moty Street Kirkham Preston Lancashire PR4 2AU Independent examin•r Chamwon Ac￿￿nIa￿lS LLP Unit 2 Otymwc Court Boardmans Way Whtlehi115 8u5iness Park Blackpool Lan¢ashiro FY4 5GU FYLDE CITIZENS ADVICE BUREAU LTD CONTENTS Pagfr Trustees. report Independgnl ?xamin8rfs report Statemtnl offmancial a¢bwtses Balance sheet Notes to the finanual statements FYLDE CITIZENS ADVICE BUREAU LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustee board. who acl as Directors for the purposes of ￿MpanY law. present their ￿port and accounts for the year ended 31 March 2025. The charitable company was incorporated on 24 November 2010 and commenced activity on the 24 March 2011. when the former unincorporated charity Fykje Citizens Advice Bureau. (formed in 1¥71 was wound up and its assets and liabilities transferred into the new entity- The fnancial statements have been prepared in acwdance the ac￿nting policies sel out in note 1 to the financial statements and ¢omply wth the charity's Memorandum & Articl8s ofAssociation, thè Companiès Act 2006 and 'Accounting and Reporting by Charibes.. Statement of Recommended Practice applicable to charities preparing their a¢¢ounls in a¢cordance wth Ihe Financial Repth"ng Stsndard appficable in the UK and Republ￿ ol Ireland IFRS 1 D2)" leffedive l January 20191. Objectives and aclivltles The ¢harity's oty'ects are to promote any charitable purpose lor the public benefit by the advancement of education, Ihe protection and preservatir)n of health and the rdief of Foverty. si¢kness and dislross in particular, but without limitation. for thè benefit of the communty in the Borcwh of Fykle and surrounding area5. The policies atjopted in furtherance of these objects are to establish and provide and assist in the provision of Citizens Advice services and 0￿￿et5 supptying a free, independent. confidenb81 and imparts'al service of advice. information and ￿unSel to everyone regardless of sex. disability. sexual orientat￿, age or nationality across all areas. Advice and information are provided on a TaThJe of subjects including debt, welfare benefits housing, employment. consumer issues. ￿latIOnShips. family matters. health. education. discrimination. immjgrab.on and the law, logelher ￿th case law specifically in debl and welfare benefits. The charity also provides specialist domestic abuse support. The seTvice is provKled face to face. by lelephone or by ema￿. Citizen5 Advice F￿de rs fully committed lo Complian￿ vthh the requirements of the general Data Protection Regulations IGDPRI Dala Protection Act 2018 and any successor legislation. The Charity is authorised and regulated by th8 Financial CondudAuthority~ FRN 617610. The Twstee Board assesse$ ar￿ devdops the Busingss Plan on an annual basis based on ovKlence gaingd through consultstion wilh stakeholders and needs assessments. Public benefit Trustee Board confimi they have cc¥mplied with their dulios in accordance with th8 aims of the Charity and have paid due regard to guidar￿e issued by the Charity Commission on PL*)tic benefft arKI exercising those duties. Developn￿nI, acbvifies and achievements this year Tts achieve its aims and oty"edNes. the chartty wovides ath.ce twh a variety of Wol￿t$ as well as a 'Generalist Advi¢e' service. The projects urKlert8ken during this finane4al year are: Rosemary ProJe¢t-Advlce and supwt is pro￿ded to ItrM)se e¥perienung or at risk of Domesti¢ Abuse. Macmillan- Benefits advice and support for Feople with a car￿r diagnosis and their familie5. At Hom• Projoct - A hom8 ¥i￿ting advKe servi¢e for those who ￿nN0t visit either Ihe Kirkham or St Arnos olfice due to disability or caring re$ponsibilths. Fylde M¢)n¢y -A debl and budgeting advice service. Household Support Debt S•r¥•ee- Providry debt aThl ￿IdgelIn9 adv￿. Household Support Fund - dislributing financial SUp￿rt with energy costs and other essential costs. FYLDE CITIZENS ADVICE BUREAU LTD TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢hiev•m•nt$ and pgrfom)an Once again. throughout 2024-25 the Charity has met al of rts o)ntractual obligalions and achreved all perfomiance related outcomes. in terms of cases de*t during the year. During the financial year 2024125 we assisted 2132 d*nts. Often a client presented with mow than one i$$ug and some cltents sought advice on several separate occasions. kndingty, dur1￿ the year advi￿ was pfovKled on 7116 individual issues. We p8rti¢ipale in the Customer Service Inth"ative opèrattd nationalty by Citrzens Adviee. That survey revoals that 91% Sa￿ that thèy would be likely or very likely to recommend our servir2 lo family or friends. The national Performance Quak'ty Framework is emptoyed to ensure gLJality of advirE. rJJ5tomer sati5factKJn and effective leadership. Citizens Advice Fylde holds the AQS {Advice Quality Standard) mark and is the￿fOre subieot to Management. Finance and Com￿lanCe Audit every 3 years. A Leadership SelfAssessment Process undertaken in January 2024 confirmed thai Citizens Advice Fykje met the wu¥ed standard in all aspects of govemance. management and planning. Outcomes and B8neffts I the ¢harity's work ensures Ihe people of Fylde are abl8 to access inforniatK)n, adMc• and cas•work lo support them to resotve Iheir individual problerrs. This improves economic well-being, I￿sing condition5. and improves health and well-being as well as giving people the Confiden￿ to manage future challenges. Outcomes and benefits I the ¢harity's work ensures the people of Fyldè are abb to accèss infomatKJn, advicè and casework lo support them to resofvè their individual prob￿mS. Thi5 improves economic Wel￿1'n9, housing conditions, and improves hearth ar￿ well-being as well as giwng peopbe the c<>nfiden¢e to manage fvture thallengtrs. Finan¢lal review rhe resuns for Ihe year are as sel OLrt in the attached Statement of Finanoal ActiVit￿s. Therè was a net op8ratsonal deficit for the year amountirvj to £9.699 12024 '. deficil £6.9521. At Ihe Balance Sheet dale, total reserves amounted 10 £101,74412024 .. £111.443). bèing unreslricted lunds of £101.53712024 - £111,443} and restrictèd funds of £207 12024 .. £Nill. ReseThes polKy The Reserves Pdicy is to maintain a general reserve and a maintenance and devek)pment reserve. The purpose of the General Reserve is to cover periods of financial diffKulty and to provide suffiaenl funds for a smoolh wind-up of the company should this ever ￿ neceswy in the event of a mairx fvnder wthdrawing support. This is currently set at £68.109. The purpose of the Maintenar￿ and development reserve is to ensure conservation and adaptation of current services and development of new seryices to meet challenging exlemal factors. Maiorrisks The Truslees have assessed the major risks to which Ihe charty is exposed. arml are salisfied that systems are in pla￿ to mitigate exposure to the map)r risks. Structure. governan¢e and management The Truslees meet at least fow Iwnes per year plus the Annual General Meeling. Trust8es, who arn also Directors of the company. are appointed in accordance wth the Articl8$ of Associats'on of the Charity. . The Trustees Board plays a cnjual Tole in gmng the strategic threction and vision for the charity. The Trustee Board oversees the finances and is responsib￿ for ensuring the viability of the Charity. as well as managing risks and ensurirwj effective operation. Being a Trustee is a voluntary role and they receive no remuneration. FYLDE CITIZENS ADVICE BUREAU LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The day-l￿aY management of the charity is carried out by the Chief EXe￿tive, Natslie Traynor. assisted by an Advice Seryice Manager. Advice Service Supervisors and an Administrator. The charity's services are carried out by paid members of staff as well as volvntews who generously give their b.me without any finan¢ial remuneration. Ml staff and volunteers undertake a ¢ompfehensNe training programme before being c￿rtified to give advice. and receive regular refresher trainirrfj as appropriate_ The charity is a company lirnited by guarantee and does not have a share c8iNlal. The trustee board, who are also the directors for the PUT￿Se of company law. and who served during the year and up to the date of signature of the financial statements were= Mr l R Driver (R￿gned 14 Oclober 2024) MrA Curphey Mrs C Christie Mfs A Galb￿1th Mr T J Gascoyne ICh8irl Mr M Paxton {Tesigned 26th May 2025) Re¢ruilment and apw"nlment oftwstees New trustees are appointed by way of fo￿al applicalion aThJ interview process. Their appointmenl is confirmed at the nexl Amnual General Meeting. None of the Trust88s hav8 any benefiual interest in the company. All of the Truslegs a￿ membgrs of tre company and guarantee to contribLrte £1 in the event of a windiThJ up. The truste $. report was approved by the Board d Trustees. Mr T J Gascoyne Trusts¢ Date.. FYLDE CITIZENS ADVICE BUREAU LTD INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEE BOARD OF FYLDE CITIZENS ADVICE BUREAU LTD I report to Ihe ITUStee board on my examination of the financial statements of Fylde Citizens Advice Bureau Ltd {the ¢h8rityl for thè year ended 31 March 2025. Rt$ponsibilitl•s and basis ￿ rnport As the trustee board of the charity land also 115 direct￿$ for the purwises of company Wl, you are responsible for the preparation of the finanual swemenls in acc#)rdance with the requ1￿ments of the Companies Acl 2006. Having satisfied myself that the financial statements of the charity S￿ not required to be audiled under Part 16 of the Companies Act 2006 and are eligible for independent examinab"on. I report in respect of my examinalron of the charity's finanaal statements carried out under seclion 145 of the Chorities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Ci)rnmission under seclion 1495llbl of the Chanties Acl 2011. Independent examiner's statemènt I have completed my examination. I confirm that no matter5 have ¢>)me to my attention in conn8cth)n with the examination giving rr* cause to believe that in any material respecL accountiThJ rec￿dS were not kept in iespecl of the charity as requyed by section 386 of the Companies Act 2006. the financial slalements do not aCcC￿d ￿1h those records.. or the financial siatements do not conwy with Ihe accounting roqu1￿￿￿Trts of sedion 396 of the Compani8s A 2006 other than any reqviremenl that the finan¢ial stslements give a Irut and fair view, which is not a matter considered as part of an indep￿dent examination" or the financial statements have not been prepared in accordance ￿ Ihe methods and principle$ of the Statèment of Recommended Practice for accounb.ng and reporting by charities applicable to charth.es preparing IheiT financial State￿￿ntS in aCCordar￿e wth the Finarbcial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021- I have no concems and have come across no other matters in COnr￿tiOn Iwth the examination to which attention Should be dT8Wn in this report in order to enable a proper under5tanth.ng of the financkgl ststemenls lo be reached. Champion Accounta1￿ LLP Champion A¢¢ounlants LLP. Unit 2 Olympic Court Boardmans Way Whilehills Business Park Blackpool FY4 5GU Dated.. 8 IocLrn 2025 FYLDE CITIZENS ADVICE BUREAU LTD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Total Vnrestri¢ted Restrieled lunds funds 2024 2024 Total lunds 2025 funds 2025 2025 2024 Notsts Ineome and èndovmients from: Donations and legacies charitab￿ activities Other income 2.730 37,168 3,413 2.730 190.394 3,413 5.975 129,259 5.975 192,624 153.226 63.365 Totsl Incom• 43.311 153.226 196.537 138.778 63.365 202,143 Expenditure on: charitab￿ activilies 10,960 195.276 206.236 145.730 63.365 209,095 Total •xpondlture 10.960 195.276 206.236 145.730 63.365 209.095 Net Incom￿(9XP0ndlfur¢} 32.351 142.09)) (9.6991 (6.9521 {6.9521 Transfers beiween lunds (42.257) 42,257 14•t movam•nt In funds 19,906) 207 19.699) {6.9521 16,9521 Rècon¢lllation of fvnds- Fund balances at 1 Apfil 2024 111.443 111.443 118.395 118.395 Fund balan¢es at 31 March 2025 101.537 207 101.744 111.443 111,443 The statement of financlal aGtiwties includes all gains and losses recognised in the year. All income and expendilure derive from contir￿ing actiwties. FYLDE CITIZENS ADVICE BUREAU LTD BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Flx•d assets Tangible assets 12 416 Currnnt a$$tts Debtors Cash al bank arK1 In hand 13 1.892 215.130 222.174 217.022 222,618 CredStors: ¥mounts falllng du• wilhin one year 14 (115.2781 1111,591} Not ¢umt assets 101.744 111,027 Totsl assets less ¢urr•nl Ilabllltles 101.744 111,443 Net assets excludlng penslon liabS11ty 101.744 111,443 The funds of th• charity Rèslricte¢J income funds Unrestricted funds 18 207 101.537 111,443 101.744 111,443 The company is entdled to the exemption from the audit requwnent contained in sectM)n 477 of the Companies Act 2006. for the year ended 31 March 2025. The d1￿clO￿ acknovledge their responsibilities for comptying wilh the requFrements of the Companies Act 2006 with rèspèct to 8¢covnting rÈeords and the preparation of ffinanual stslements. The members have nol required the company to obtan an audit of its financial state￿￿nts lor the year in question in aC￿rdance with seclion 476. These finanual statements have been wepafed in awdan¢e 7Mth the provisions ap￿1¢at￿e to compan￿$ subject lo the small companies regime. The Tinancial slatements were approved by the trustee board on ......................... MrT ascoyne Company reglstration number 07450392 IEroLand and Wales) FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting poliei•s Charity inforniation Fylde Citizens A￿lee Bureau Ltd is a private company limiled by guarantee incorporated in England and Wale$. The regtstered Offi￿ is Council OffiL*S Moor Street. Kiikham. Pre5kffi. LanG#shire, PR4 2AU. 1.1 Basis of preparation The financial statements have been prepared in accaxdance th Ule charitls goveming documeni. Ihe Companies Act 2006, FRS 102 rhe Financial Rewjrting Standard appli¢abl8 in tho UK and Republic of Irfrland" and the Charrties SORP "Ac¢ounting and Reporting by Charities: Staternenl of Recommended Practice applicable to charities preparirrfj their acc¢)unts in accordance with the Financial Reporting Standard 8pplicable in the UK and Republic of Ireland {FRS 102)" The charity is a Public Benefit Entity as define(1 by FRS 102. The charity has tsken advantsge of Ihe KWOVtsions in Ihe SORP for thaiilies not to prepare a stalgment of cash fiows. The financial statements are p￿pared in sterling, which is the fvnctwl cu￿n￿ of the d)anty. Monetary amounts in these finanaal slatements are rounded to the nearesl £. The fin8neial stslements have been wepared urHJèr the hL*trical cost convention. The pnnupal accountlng policies adopted a￿ sel out b￿0w. 1.2 Going conc•rn At the time of approving the finan￿al statements. the trustee board have a reasonable expectstion that Ihe charity has adequate resources to continue in operational exL8tence for the f￿See¥ble fiJlure. Thus the Iwslee boar(I continue lo adopt the wing concem basis of accounting in preparing the finan¢ial statements. 1.3 Ch¥ritsbl• funds Unrestricle(I funds are available for use al the disuelion of the trustee board in furtherance of their charitsble objectives. Restrided fund$ affj subject to speufic conditions by dcAK•rs or grantC￿ 8$ lo how ihey may be used. The purposes and uses of the restricted funds are set cdrt n the ￿teS lo the finarKial statements. ENJowment fvnd$ are subject to sp￿lfi¢ condibons by d(￿lS that the carmlal must be maintained by tho chaTIty. 1.4 Incom• Income is recognised when the ¢harity is le9alty entitkd to it after any perfowmance Conditions have been met, the amounts can be measured relk?bly, and it is probable that income will b8 rt¢eNed. Cash donations a￿ recognised on r￿1P1. Other donations a￿ fec(yJnised once the dwity has been r￿tified of Ihe donat￿n. unless perfomiance conditions requice dèferral of Ihe amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant i8 recognised at the time of the donation. Lega¢ies are rec(¥Jnised on receipt or otheTh¥ise rf the chartty has been rrt)lified of an imp8nding distribullon, the amount is known. and receipt is expected. If the amount is not known. the legacy is treated as 8 conlingent asset. FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poliC￿S {Continuedl 1.5 Expendlture Expenditure bs Tecognised once there is a legal or constructive obligation to transfer ecor￿MiC benefit to a third party. il is probab￿ that a transfer of ecorKYrMc benefts will bo fequired in settl8m8nt, and the amount of the obligation Can be measured reliably- Expenditijre is dasSif￿d by acbvity. The costs of eath activty are made up of the tot81 of direcl ￿$19 and share(I costs, including support ￿$ts inVo￿ed in undertaking each actNity- D1￿ct costs attributsble to a single ath'vity are allocated directly to that aciiw'ty. Shared cosis whKh conlribute lo more Ihan one activity and support costs which are not attribvtabk to a single acb"*ity aro appo￿.one1 betsvaon Ihosè actlvilies on 8 b8SIS consistent with the use of resources. Central staff costs are ￿loCated on the basiq of lime spent. and depreciation charges ar& allocated on the portion of Ihe asset's use. Restricted funds are to be used for the speciftc purposes as Laid dolvn by the donor. Expenditure which meets this critella is identthed to the fund, Icgether with a fair alk)Cat￿Th of management and support costs. Unrestricted charitable expendilure comprises Ihctse costs iKurred by the charity in the delivery of Éts activities and services for its beneficiBrie5.It in¢lut1es tx)Ih costs thal can bv alo¢aled directly to such actiwbes and those costs of an indirect nature ne￿Sary to support them. Govemance costs Include those Costs associated with meeting the stalulw requirements of the charty and include the independent accountanfs fees. 1.6 Tanglble fix•d assèts Tangible fixed assets are initially measured at cost a￿1 subsequentty measured at ￿)$1 or valualion, net of depreuation and any impairment thses. Depreciation is reco9nised so as to wvite off cost or vaknation of assets less their residual Va￿e5 over thelr usehjl lives on the folbwing base5.' Fixtures, fittings & equipment 25% on cctst The gain or loss arising on the disposal of an asset is determined as the drfterence be￿eefi lh8 sale proc•8ds and the carying value of the as5el. and is re¢ogrbised in the ststernenl of financ018¢tivibes. 1.7 Impaimient of15xed assots At each reporting end date, the chanty reviews the cartwng amounts of its kngible assets to detem)in¢ whether there is any indicat￿n Ihal Ihose assets have suffered an impairment loss. If any such indication exi51s. th¥ ￿¢0¥erable amount of the asset is esb"rnated in order lo (letermine the extent of the impairment loss Irf any). 1.8 Cash and cash equival*nts Cash and cash equivalents include cash Ir) hand, dèpcisits held at C811 with banks, other short-term liquid invesimenls wth original maturities of three Th￿nthS or less. and bank overdrafts. Bank overdrafts are shown within borrowngs in current liabilTb"es. FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounling polkle$ (Condnued) 1.9 Flnanclal In$twm•nts The ¢harily has elected to apply the prow$40n$ of Section 11 'Basic Financial Instruments, and Section 12 'Oth8f Financi* Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are rewnised in the charitys balance sheet when the Charity bècomes paty to the contractual provisions of the instrumenl. Finanthal assets and liabilrties are offset. with the net amounts presented in the financial statements, when there is a leg81ty enforceable right to set off the ￿￿nISed amounts and there is an intention to settle on 3 nel basis or lo realise the asset and setlle the liabilty gmullaneousty. B•$ic fInan￿ala$S•ts Basic financial assets. %thich indude debtors and cash and bank balances, are initially measured at transacb'on price inchjding trdnsackn.on costs and are subsequentty carried at amortised cost using the effectivè Inte￿$t method unless the arrangement constitutes a financing transaction. Whe￿ the transaction is measured at the Pfesent valve of the future receipts discounted at a market rate of interest. Finan¢ial asset5 Classified as receivable within sy* year are not amortised. 8aslc flnanelalllabllltles Basic financial liabilities. including Creditors and bank loans are inib.ally rewnised al transacts.on price unless the arrang8mènl ¢onstJlirtes a financing transactM)n. where the debt instnjment is measurèd at Ihe present value of the future payments discounted at a markel Tate of interest. Fnancial liabilities dassffied as payable thin ono year are not amortis8d. Debt instruments are subsewtly carried at amcfflised cost. using the effective interest rate method. Trade creditors are obligatic￿5 lo pay for goods or services that have been acquired in the ordinary course of operations frcffi suppliers. Amounts payable are classrf*d as current liabilities if payment is due wthin one year or less. If not. they are presented as nowrrent liabilrties. Trade ¢￿dItorS a￿ ￿COgnised initially at transaction pri￿ and $ubsewently measured at amortised cost using the effective interest method. Derecognition of financi•l liabilities Financial liabilities are derecc¥3nised when the charity's contractual obligatrons expire or are discharged or cancelled. 1.10 Employ0* benefits The cost of any unused hol￿aY enlillement is reC(w￿ed in the period in which the employee's Servi￿ are received. Termination benefits are recognised wnmediatety a$ an expense when the tharity is demonstrabfy ¢ommitte to lemunatè the employTnent of an employee or to provKle termination b8neffits. 1.11 R•tir•m•nt b•n•flts Payments to defined contributim ￿tir￿Ment ber*fil schemes are ¢hargei18s an expense as they f811 due. FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Critical a¢¢ounting e$llmates and judgements In the ap￿i¢9ti0n of tho ¢haritls gccountrKJ poli¢ws. trustee board are required to make judgements, estimales and assumptions abcHJt the carrying amount of assets and liabilitie5 that are not readily apparent from other sources. The eslimales and associated assumpb"on5 a￿ based on histori￿1 experience and other factors that are considered to be relevanl. Actual results may differ from these estimates. The estimates arKI undedying assUmp￿n$ a￿ re￿¢Wed on an orwiirYJ basis. RwsK)ns to 8¢counling èslimales arè rè¢ognised in the period in which the estimate is revised where the revision affects onty that period, or in Ihe period of the rewsion and fubjre per￿5 where Ihe revision affects ￿th current and fvture periods. In¢¢)me from ¢harltable acllvlll•s Unr•strl¢t•d R•slrkted lund$ funds 2025 2025 Total Unv•strict•d R•strlct•d funds funds 2024 2024 Totsl 2025 2024 Services provKled under conlracl Performance related grants 37.168 37.168 32.177 32.177 153.226 153,226 97,082 s3,￿5 160,447 37.168 153.226 190.394 129.259 63,365 192.624 Donatlons and l•gacS•s Unrestricted Unrestricted fund$ fund$ 2025 2024 Donaltn schenws 4.991 4.658 The ¢harrty operates a definèd contributKJn pension scheme for all qualtyng èmployees. The assets of the scheme are held separntety from those of the charity in an independently adminiSte￿d fund. 16 Unrestrictsd fund$ The unrestricted funds of Ihe ¢hartty comprise the unexpended b3￿nCeS of donations and grants which a not subjed to specific conditions by donors and grantor5 as to how they may be used. Thesè include designated funds ￿lch have been sel aside oul of unrestn.cted funds by the trustees for speafic purposes. At 1 Aprll 2024 lTreomlng R•sourc•$ resources expended Trnn$fers At 31 MAr¢h 2025 Redundancy ￿$ts General funds 4.933 106.510 11.728 31.583 16,661 84,876 (lo.￿) 142,257) 111.443 43.311 110,9601 {42,257) 101.537 Prevlous y•ar: At 1 Aprll 2023 Incoming Resources rn$oUr￿$ èxwndod Transfers At 31 March 2024 Redundancy costs G8neral funds 11.730 1C6.665 4.933 133,845 16.663 94,780 (145.7301 118.395 138.778 1145.7301 111,443 This sum is hekl as ¢Jes1￿ated within unrestricted reserves to c•)ver potential redundancy costs. 14- FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Analysis of n•t ass•ts b•tw••n funds UMestrict•d R•strlct¥d funds funds 2025 2025 Tolal 2025 At 31 March 2025: Current assetsllliabilities 101.537 207 101,744 101.537 207 101.744 Unrestrl¢ted funds 2024 Restrlcted funds 2024 Total 2024 At 31 March 2024: Tangiblg asse15 Current asselsllliabilties) 416 111.027 416 111,027 111.443 111.443 The charity is 0￿1ged to ensure that the unrestricted Te&erves are suffic￿1 lo cover three months operating costs in Order that an ordedy run down of the ￿MpaThY coukl take ￿a¢e in the event of core funding being bst. The amount of reseThes required to ￿er thi$ 0b1vjatK￿ anK)unts lo £51.448. The free Ljnrestricted reserves therefore amount to £38.039. This level of reseThes ts to ensure that current levels of se￿￿ provision can be maintained should there be a shortfall in funding. In addibon the reserve furKI makes provision for futu￿ deveknpmenl of servic*. 18 Restricted funds The restricted lunds of the charity comwise the UneY￿Aded balances of donations and grants held on trust subie¢t lo sw[f￿ condilions by donors as to how ty may be used. At 1 April 2024 Inc¢)ming wesources R•sources exptrnded Transhrs At 31 March 2025 Rosemary Fylde Counc41 Macmillan Household Supwl Debt Service 10.000 102.082 12.644 (9.7931 1144.3391 112.6441 207 42.257 28.$00 128.5001 153.226 1195,2761 42.257 207 15- FYLDE CITIZENS ADVICE BUREAU LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 R8slrlet•d funds (Contlnuod) Previous y•ar: At 1 April 2023 In¢omlng ResOur￿S r•souree$ exp•nd•d Transfèrs Al 31 March 2024 Rosemary Proje Al Home Project Fylde 8orough Council Fylde Money Fylde B¢yough Council Macmillan Adwceline 6.667 16.667) 17.000) Is.000) 124,5001 112,1981 18.000) 24.500 12.198 63.365 163.365} Funding from F￿de Counal is Insulf￿nI lo cover ojre service costs and therefore a transfer has been made from unrestricted lunds lo cover the defi(4t. Macmillan - benefrts advice and suppori for people cancer dkignosis and their families. Rosemaryect- advice and support 10 those experiencing or at risk ol Domesli¢Abuse. At Home proj•et - a homo visibng advice service for Ihose who cannot visit eithgr the Kirkham or Sl Annes office due to disabilty or carin9 responsibilities. Household Support Debt Servi¢• - a debt and Weting advice service. Fyld• Coun¢il- for core s&rvi¢es. 19 R•lat•d party transa¢Wons There were no disck)sable related party transactions during the year {2024- none). )6-