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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe company,|its Trustees and advisers||
|Trustees'<br>report||||2-10|
|Independent<br>examiner's|report||||
|Statement offinancial|activities|||12|
|Balance sheet||||13|
|Notes to the financial statements||||14-28|





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|Trustees||C Hodson,||Chair|Chair|||||
|---|---|---|---|---|---|---|---|---|---|
|||A Hunter||||||||
|||D Pinwell (resigned|||||24 June 2021)|||
|||M Brain||||||||
|||R Maksymowicz,||||Treasurer||||
|||H Dawkins||||||||
|||B Holmes||||||||
|||S Broster (appointed|||||22 October||2020)|
|||S Berrie (appointed|||||17December||2020)|
|||F Holland|(appointed||||28 January||2021, resigned 24 June 2021)|
|Company|registered|||||||||
|number||07513268||||||||
|Charity registered||||||||||
|number||1141020||||||||
|Registered|office|176Bosworth|||Drive|||||
|||Chelmsley||Wood||||||
|||Birmingham||||||||
|||West Midlands||||||||
|||B375DZ||||||||
|Company|secretary|KTurner||||||||
|Chief executive officer||KTurner||||||||
|Accountants||Dains LLP||||||||
|||15Colmore||Row||||||
|||Birmingham||||||||
|||B32BH||||||||
|Bankers||Lloyds Bank Plc||||||||
|||Po Box1000||||||||
|||Poplar road||||||||
|||Solihull||||||||
|||BX1 1LT||||||||
|Solicitors||Bates Wells &|||Braithwaite|||London|LLP|
|||10Queen Street||||Place||||
|||London||||||||
|||EC4 1BE||||||||





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||Note|E|E|E||
|Income from:|||||||
|Donations<br>and legacies|||21,249||21,249|53,757|
|Charitable<br>activities||||297,069|297,069|223,391|
|Total income|||21,249|297,069|318,318|277,148|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||11,6&2|238,464|250,146|231,934|
|Total expenditure|||11,682|238,464|250,146|231,934|
|Net (expenditure)/income|||9,567|58,605|68,172|45,214|
|Transfers<br>between|funds|14|(27,145)|27,145|||
|Net movement<br>in|funds||(17,578)|85,750|68,172|45,214|
|Reconciliation<br>of|funds:||||||
|Total funds brought|forward||218,052|3,280|221,332|176,118|
|Net movement<br>in funds|||(17,578)|85,750|68,172|45,214|
|Total funds carried forward|||200,474|89,030|289,504|221,332|





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|||||2021||2020|
|---|---|---|---|---|---|---|
|||Note||F||F|
|Fixed assets|||||||
|Tangible assets||||9,451||4,298|
|Current assets|||||||
|Debtors||12|94,496||35,456||
|Cash at bank and|in hand||210,563||184,941||
||||305,059||220,397||
|Creditors: amounts|falling due within one||||||
|year||13|(25,006)||(3,363)||
|Net current assets||||280,053||217,034|
|Total net assets||||289,504||221,332|
|Charity funds|||||||
|Restricted<br>funds||14||89,030||3,280|
|Unrestricted<br>funds||14||200,474||218,052|
|Total funds||||289,504||221,332|





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||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2021|2021|
||||||E|E|
||Donations||||15,075|15,075|
||Legacies||||6,174|6,174|
||Total 2021||||21,249|21,249|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2020|2020|
||||||E|E|
||Donations||||14,049|14,049|
||Legacies||||39,708|39,708|
||Total 2020||||53,757|53,757|
|5.|Income from charitable||activities||||
||||||Restricted|Total|
||||||funds|funds|
||||||2021|2021|
||||||F||
||Advice and Information||Service||||
||Projects||||297,069|297,069|
||Total 2021||||297,069|297,069|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2020|2020|2020|
|||||E||E|
||Advice and Information|Service||4,630||4,630|
||Projects||||218,761|218,761|
||Total 2020|||4,630|218,761|223,391|





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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||F|E|F|
|Advice and|Information|Service||11,682|3,556|15,238|
|Projects|||||234,908|234,908|
|Total 2021||||11,682|238,464|250,146|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2020|2020|2020|
|||||E|E|E|
|Advice and|Information|Service||16,453|3,769|20,222|
|Projects|||||211,712|211,712|
|Total 2020||||16,453|215,481|231,934|
|Summary|by expenditure||type||||



||||||Total|
|---|---|---|---|---|---|
|||Staff costs|Depreciation|Other costs|funds|
|||2021|2021|2021|2021|
|||E|F|E.|E.|
|Advice and Information|Service|6,799|2,198|6,241|15,238|
|Projects||209,036|525|25,347|234,908|
|Total 2021||215,835|2,723|31,588|250,146|



||||||Total|
|---|---|---|---|---|---|
|||Staff costs|Depreciation|Other costs|funds|
|||2020<br>E|2020<br>E|2020|2020f|
|Advice and Information|Service|6,209|2,525|11,488|20,222|
|Projects||177,264||34,448|211,712|
|Total 2020||183,473|2,525|45,936|231,934|





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|||Activities||
|---|---|---|---|
|||undertaken|Total|
|||directly|funds|
|||2021<br>F|2021f|
|Advice and Information|Service|15,238|15,238|
|Projects||234,908|234,908|
|||250,146|250,146|
|||Activities||
|||undertaken|Total|
|||directly|funds|
|||2020|2020|
|||F|F|
|Advice and Information|Service|20,222|20,222|
|Projects||211,712|211,712|
|||231,934|231,934|



## 

||||Advice and|||
|---|---|---|---|---|---|
||||Information||Total|
||||Service|Projects|funds|
||||2021|2021|2021|
||||E||E|
|Staff costs|||6,799|209,036|215,835|
|Depreciation|||2,198|525|2,723|
|Staff and training||expenses|452|1,773|2,225|
|Office and premises costs|||2,113|23,574|25,687|
|Governance|costs||3,676||3,676|
||||15,238|234,908|250,146|





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|Analysis<br>of|dire|ct costs (continued)||||
|---|---|---|---|---|---|
||||Advice and|||
||||Information||Total|
||||Service|Projects|funds|
||||2020f|2020|2020<br>E|
|Staff costs|||6,209|177,264|183,473|
|Depreciation|||2,525||2,525|
|Staff and training||expenses|1,700|7,185|8,885|
|Office and premises costs|||5,013|27,263|32,276|
|Governance|costs||4,775||4,775|
||||20,222|211,712|231,934|



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|||||2021|2020|
|---|---|---|---|---|---|
|||||E.||
|Wages and|salaries|||200„558|169,919|
|Social security costs||||11,849|10,579|
|Contribution|to defined|contribution|pension schemes|3,428|2,975|
|||||215,835|183,473|



|||||2021|2020|
|---|---|---|---|---|---|
|||||No.|No.|
|Charity purposes|||||10|
|The average headcount|expressed as full-time|equivalents|was:|||
|||||2021|2020|
|||||No.|No.|
|Charity purposes||||||





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||Fixtures and|Computer||
|---|---|---|---|
||fittings|equipment|Total|
||F|E|F|
|Cost or valuation||||
|At 1 April 2020|25,643|14,582|40,225|
|Additions||7,876|7,876|
|Disposals|(395)|(13,596)|(13,991)|
|At 31 March 2021|25„248|8,862|34,110|
|Depreciation||||
|At 1 April 2020|21,345|14,582|35,927|
|Charge for the year|2,198|525|2,723|
|On disposals|(395)|(13,596)|(13,991)|
|At 31 March 2021|23,148|1,511|24,659|
|Net book value||||
|At 31 March 2021|2,100|7,351|9,451|
|At 31 March 2020|4,298||4,298|





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|||2021|2020|
|---|---|---|---|
|||F|E|
|Due within one year||||
|Trade debtors||34,101|21,058|
|Prepayments|and accrued income|60,395|14,398|
|||94,496|35,456|



## 

|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Trade creditors||||110||
|Other taxation||and social security||146||
|Accruals|and deferred||income|24„750|3,363|
|||||25,006|3,363|





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||||||||||Balance at|
|---|---|---|---|---|---|---|---|---|---|
||||||Balance at 1|||Transfers|31 March|
||||||April 2020|Income|Expenditure|in/out|2021|
||||||E|E|F|E|E|
|Unrestricted||funds||||||||
|Designated|funds|||||||||
|Equipment|||||2,500||||2,500|
|IT Strategy|||||2,500||||2,500|
|Redundancy|Provision||||14,267|||44,661|58,928|
|Premises<br>—lease obligations|||||7,000||||7,000|
|Maintenance||per year-||||||||
|Chelmsley|Wood||||6,000||||6,000|
|Advice and Information||||Service|50,000||||50,000|
||||||82,267|||44,661|126,928|
|General funds||||||||||
|General<br>Funds|||||135,785|21,249|(11,682)|(71,806)|73,546|
|Total Unrestricted|||funds||218,052|21,249|(11,682)|(27,145)|200,474|
|Restricted funds||||||||||
|Money Advice||Service||—Debt||||||
|Advice|||||1,411|42,107|(30,572)||12,946|
|Solihull CCG||||||30,890|(21,152)||9,738|
|Priority 1.4||||||59,424|(23,835)||35,589|
|Help to Claim|||||1,869|51„007|(77,042)|24,166||
|GPS PCN||||||31,295|(25,214)||6,081|
|RHP PCN||||||16,593|(13,478)||3,115|
|SHP PCN||||||31,063|(27,243)||3,820|
|Energy Advice||Project||||3,960|(6,939)|2,979||
|Cit A Beis - IT||||||10,730|(1,645)||9,085|
|Single Queue||||||10,000|(1,344)||8,656|
|SMBC —SCH||||||10,000|(10,000)|||
||||||3,280|297,069|(238,464)|27,145|89,030|
|Total offunds|||||221,332|318,31&|(250,146)||289,504|





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|Statement o|f|funds|-|prior year||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||Balance at|
|||||||Balance at|||31 March|
|||||||1 April 2019|Income|Expenditure|2020|
|||||||F|F|F|F|
|Unrestricted||funds||||||||
|Designated|funds|||||||||
|Equipment||||||2,500|||2,500|
|ITStrategy||||||2,500|||2,500|
|Redundancy|Provision|||||14,267|||14,267|
|Premises - lease obligations||||||7,000|||7,000|
|Maintenance|per year|||—Chelmsley|Wood|6,000|||6,000|
|Advice and Information||||Service||50,000|||50,000|
|||||||82,267|||82,267|
|General funds||||||||||
|General<br>Funds||||||93,851|58,387|(16,453)|135,785|
|Total Unrestricted|||funds|||176,118|58,387|(16,453)|218,052|
|Restricted funds||||||||||
|Money Advice||Service||—Debt Advice|||52,033|(50,622)|1,411|
|Solihull CCG|||||||30,891|(30,891)||
|Citizens Advice Energy||||Best Deal|||4,281|(4,281)||
|Peer to Peer|||||||4,425|(4,425)||
|Priority 1.4|||||||40,310|(40,310)||
|Help to Claim|||||||46,183|(44,314)|1,869|
|GPS PCN|||||||9,887|(9,887)||
|RHP PCN|||||||9,964|(9,964)||
|SHP PCN|||||||9,987|(9,987)||
|Energy Advice||Project|||||10,800|(10,800)||
||||||||218,761|(215,481)|3,280|
|Total offunds||||||176,118|277,148|(231,934)|221,332|





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|Summary|offunds - cur|rent year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1|||Transfers|31 March|
|||April 2020|Income|Expenditure|in/out|2021|
|||F|E|F|F|E.|
|Designated|funds|82,267|||44,661|126,928|
|General funds||135,785|21,249|(11,682)|(71,806)|73,546|
|Restricted|funds|3,280|297,069|(238„464)|27,145|89,030|
|||221,332|318,31&|(250,146)||289,504|



|Summary|offunds - prior year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at|||31 March|
|||1 April 2019|Income|Expenditure|2020|
|||E|F||F|
|Designated|funds|82,267|||82,267|
|General funds||93,851|58,387|(16,453)|135,785|
|Restricted|funds||218,761|(215,481)|3,280|
|||176,118|277,148|(231,934)|221,332|



|Analysis|ofn|et ass|ets|between<br>funds -cur|rent year|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2021|2021|2021|
||||||E|F|F|
|Tangible|fixed|assets|||2,100|7,351|9,451|
|Current|assets||||198,374|106,685|305,059|
|Creditors|due|within|one|year||(25,006)|(25,006)|
|Total|||||200,474|89,030|289,504|





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|Analysis|of n|et ass|ets|between funds -prio|r year|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2020|2020|2020|
||||||E|E|F|
|Tangible|fixed|assets|||4,298||4,298|
|Current|assets||||217,117|3,280|220,397|
|Creditors|due|within|one|year|(3,363)||(3,363)|
|Total|||||218,052|3,280|221,332|



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|cancellable|o|perating<br>leases as follows:|<br>||
|---|---|---|---|---|
||||2021|2020|
||||E||
|Not later than||1 year|3,334|1,222|
|Later than|1 year and not later than 5years||7,291|762|
||||10,625|1,984|



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