**Fareham Citizens Advice Bureau Directors' and Trustees' Report & Financial Statements For the year ended 31st March 2022** Registered Charity Number: Company Registration Number: 1142745 07653014 (England & Wales) **Fareham Citizens Advice Bureau (A company limited by guarantee) Financial Statements for the year ended 31st March 2022** |**Contents**
Company/Bureau Information
Report of the Directors' and Trustees'
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements|Page
Pages
Page
Pages
Pages|1
2 to 6
7
8 to 9
10 to 16| |---|---|---| |The following does not form part of the statutory Financial Statements||| |to filed at Companies House:||| |Report of the Independent Accountant|Page|17| **Fareham Citizens Advice Bureau (A company limited by guarantee) Company and Bureau Information** ## **Charity Name and Number** Fareham Citizens Advice Bureau: registered charity number 1142745 company number: 07653014 (England and Wales) ## **Correspondence Address** 1st Floor, County Library Building, Osborn Road, Fareham, Hants, PO16 7EN ## **Trustees/Directors** Mrs D J Stringfellow (Chair) Mr R G Applegate (Vice chair) Mr I H Currie (Secretary and Treasurer) Mr J Keating Mr J E Tompkinson Mrs A Head (resigned 8th July 2022) Mr L P Hallman Mrs C Sykes Ms D Whitelock (resigned 22nd June 2021) Mr P L Rutt (appointed 15th September 2021, resigned 28th June 2022) ## **Fareham Borough Council Representatives on Trustee Board** Cllr L Clubley Cllr S Pankhurst ## **Operations Manager** Ms B Mayo ## **Bankers** Barclays Bank, 66- 69 West Street, Fareham, Hants, PO16 0AP ## **Independent Examiner:** J Metherell FCA, Palmer Riley & Co, Chartered Accountants, 1st Floor, Unit E2, Fareham Heights, Standard Way, Fareham, Hants, PO16 8XT Page 1 **Fareham C itizens Advice Bureau (A company limited by guarantee) Directors’ and Trustees’ Report For the year ended 31st March 2022** ## **Citizens Advice Fareham (A company limited by guarantee) Directors’ and Trustees’ Report For the year ended 31st March 2022** The trustees (who are also the Directors for the purpose of Company Law) have pleasure in presenting their report and financial statements for the year ended 31st March 2022. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities. ## **History, objectives and activities of the Charity** Citizens Advice Fareham (CAF) has been in operation since 1942. It was originally run as part of the WVS and was situated in a small building behind Westbury Manor, formerly the old Council Offices. In 1978 the Bureau relocated to 5 Osborn Road South and again moved in 1985, this time to the second floor of Fareham Library. Our latest move in October 2013 was to the 1st floor of the library. The company acquired the charitable activities of Fareham Citizens Advice Bureau, registered charity number 265158, on 1st October 2011. The Fareham office is managed by a volunteer Trustee Board, with strategic business delegated to the Chief Officer. Day-to-day management of the operational aspects of the charity have been delegated to the Chief Officer. There are usually around 50 volunteers and 7 full time equivalent paid staff. CAF is a member of the National Association of Citizens Advice (CitA) and as such is committed to the twin aims of the Citizens Advice service, which are: - To provide the advice people need for the problems they face - To improve the policies and practices that affect people’s lives The service provides free, confidential and impartial advice to everyone regardless of ability, age, gender, gender identity, race, religion or belief, sexual orientation and social or economic status. It recognises the positive value of diversity, promotes equality, and challenges discrimination. The Office helps to resolve money, legal and other problems by providing advice and information, and by influencing policymakers in Fareham and surrounding areas and across Hampshire, as well as contributing to policy debates at a national level via our parent organisation CitA. ## **Our vision for CAF is to:** - be seen and known as a centre of excellence in the provision of Citizens Advice services to the citizens of Fareham and the surrounding area, working closely with Fareham Borough Council (FBC) and other key local partner organisations; and Page 2 **Fareham C itizens Advice Bureau (A company limited by guarantee) Directors’ and Trustees’ Report For the year ended 31st March 2022** - contribute to the CitA drive to enrich society through becoming a powerful influence on social policy, both locally and nationally. ## **Management and governance arrangements** The Constitution document, the Articles of Association, provides for no fewer than three Trustees and for no more than fifteen. The current trustees come from a broad variety of backgrounds, giving the Office the benefit of a wide range of skills and experience. Induction training for new Trustees is provided by CitA and includes awareness of a Trustee’s responsibilities, and information about the CitA organisation such as the history and philosophical approach of the charity. Specific information about CAF is provided by the Chief Officer, including access to the governing document, information on administrative procedures and copies of the previous year’s annual report and accounts. New Trustees are also encouraged to access the National CitA intranet www.citizensadvice.org.uk which contains useful information for trustees, including ‘bite size’ online training modules. The Trustees annually review the risks that the charity faces. The main risks currently identified relate to possible reduction in funding and difficulties in recruiting volunteers to new advice roles such as webchat and email advice. Action is in hand to mitigate as far as possible each of these issues. ## **Achievements and performance of the Charity** We have continued to offer full advice throughout the pandemic, telephone triage, telephone and face to face appointments. Throughout the whole of last year we have: - Helped over 1,846 individual clients access advice - Given advice on over 6,961 issues. - Registered over 700 new clients to our service. - Recorded an income gain for clients totalling over £531,254. - Helped write off debts of over £178,396 We continue our Triage Process over the phone. The needs of each client are briefly assessed during a short interview with an experienced Adviser. Following the assessment, the client is informed as to the best course of action. Options include the provision of information that will help the client to resolve their issue independently, further advice that day or the booking of an appointment (telephone or face to face) with an Adviser for another day, or referral to our in-house caseworkers for complex matters or for clients who need more help to navigate through the process. Page 3 **Fareham C itizens Advice Bureau (A company limited by guarantee) Directors’ and Trustees’ Report** **For the year ended 31st March 2022** We saw the continuation of our core funding by FBC for which we are very grateful. Outreach services have continued this year where we have seen over 545 clients at 2 hourly outreach sessions per week each in the following locations: Portchester (Woodsey’s Foodbank), Fareham North West (Hampshire Food Revolution), Stubbington Library and at Waypoint Church pantry, Titchfield Common. The projects have also carried out 57 home visits over the year. Our generalist advisers maintain a high level of competence and are supported by an up-to-date and comprehensive information system. We are subject to rigorous and regular CitA membership audits that cover both the quality of our advice (QAA) and the robustness of our management systems. We continue to assess 30 cases of advice for audit per quarter and the trustees reviewed Governance and management of the charity through Leadership Assessment. We had another successful independent audit in July 2022. ## **Financial review, investment policy and reserves** Our sources of funding are in the form of service agreements and contracts. It has been considered necessary to make provision for contingencies against a sudden loss of income since some agreements are for fixed periods (a year or less). It is hoped, but understood that it may not be the case, that the Trustee Board would receive at least three months’ notice of funding withdrawal. It has been agreed to allow for a controlled wind down if specific grants are not renewed and provide resources to enable alternative funding to be sourced for a limited period. This would provide capacity for an orderly closure of the Office or enable a reduced service. The Reserves will always be sufficient to cover: - staff notice payments and fully cover redundancy payments; and - any rent due under the lease; and - any commitments for equipment or contracts unpaid; and - closure and dilapidation costs; and - a short operating contingency. At the end of the financial year reserves were £92,436 compared to £118,857 the previous year. £92,436 of this money is ring fenced as required by Charity Law, to cover the possible closure of the Office and to cover unfunded operating commitments. Page 4 **Fareham C itizens Advice Bureau (A company limited by guarantee) Directors’ and Trustees’ Report For the year ended 31st March 2022** The adequacy of the reserves policy is reviewed by the Board annually. Our pension scheme is a defined contribution scheme and no associated costs as with final salary pension schemes. ## **Statement of internal control** The trustee board oversees the information security of all personal information of our clients, staff, funders and strategic partners that is processed. As a local Citizens Advice, we have adopted the national Citizens Advice recommended Information Assurance policy on how we manage risk. We hold joint responsibility for client data that is held in our case management system with the national Citizens Advice Service. An information assurance management team exists to ensure the confidentiality, integrity and availability of all personal and sensitive data is maintained to a level which is compliant with the requirements the General Data Protection Regulation and Data Protection Act 2018. ## **Covid-19** We have developed a hybrid working model since the pandemic. All staff and volunteers remain working both from home and in the office as the service requires. We restarted our home visiting in June 2021 and outreach services in July 2021. Our volunteers have been invaluable as they have risen to the challenges and sought new ways of working and adapting to the new working procedures allowing us to meet the demand and continue our service over telephone and online. Many of our staff and volunteers continue working from home. We remain flexible and manage space by carefully scheduling staff between workplace and home working. We have been prioritising face to face appointments for clients who couldn’t be dealt with over the phone. We continue our recruitment campaign and fundraising activities to ensure we do have enough staff to meet the increased demands of the service so that everyone in the borough can have the help they need through the most appropriate channel and support for them. Page 5 Faveham tit12effis Advi**Incoming resources**
1b
**Income from:**
Donations and legacies
2a
_Income from charitable actvities:_
Operation of Citizens Advice Bureau
3
Investment income
2b
**Total incoming resources**
**Resources expended**
**Expenditure on:**
Raising funds
4
_Expenditure on charitable actvities:_
Operation of Citizens Advice Bureau
5
**Total resources expended**
**Net income/(expenditure) for the year**
Transfers between funds
**Net movement in funds for the year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
297
-

145,084
169,186
5
-

**145,386**
**169,186**
250
-

150,810
189,933
151,060
189,933
**5,674)**
**( 20,747)**
**(**
20,747)
(
20,747
**26,421)**
**(**
**-**

118,857
-

**92,436**
**-**
|**Total Funds**
**2022**
**£**
297

314,270
5

**314,572**
250

340,743
340,993
**26,421)**
**(**
-

**26,421)**
**(**
118,857
**92,436**|**Total Funds**
**2021**
**£**
167
253,809
60
**254,036**
-
208,010
208,010
**46,026**
-
**46,026**
72,831
**118,857**| |---|---|---|---| There are no recognised gains or losses in the year other than those included in the Statement of Financial Activities. All income and expenditure derives from continuing activities. Page 7 ## **Fareham Citizens Advice Bureau (A company limited by guarantee) Balance Sheet** **----- Start of picture text -----**
As at As at
31st March 2022 31st March 2021
Note £ £ £ £
Fixed assets
Tangible assets 8 - -
Current assets
Debtors and prepayments 9 9,084 4,776
Cash at bank and in hand 10 111,907 224,249
Total current assets 120,991 229,025
Liabilities
Creditors: Amounts falling due within
one year 11 28,555 110,168
Net current assets 92,436 118,857
Total assets less current liabilities 92,436 118,857
Creditors: Amounts falling due after
more than one year 12 - -
Net assets 92,436 118,857
The funds of the charity 14
Unrestricted funds
General funds - -
Designated funds 92,436 118,857
Restricted funds - -
Total chairty funds 92,436 118,857
**----- End of picture text -----**
Page 8 Cunts•nw Acl 2l￿ Ilh• Acll rnl•lry Io lh• ￿dI al thq th• fft Yty Ihe Ad Th• *n¢)thJq• fr¥ Il) •n￿li1￿4 Ih•i •cc¢wrtmq ¥th¢fr J86 tho Id •nd (Il. ry•p•flng 9P4t i tru• l*v ol th• &l•1* ol r•rnffj¢i d Ihe ￿Lat￿O Its fin1￿1￿7 •r•be4tl• ia thfv aynrarty. The￿ AtAknfflts h•kn t*en pwred ¥Ath the ¥•tJ*l •m•ll c£wnpLw*s *Jnder P•1 1S of lh• Ad ?OC Issue 281h SetyL*nb# 2072 rl D J Tr•asurerltknd•r Ir. l. C4ff* ry￿y *•gislrntiCm Nuffthr. 0765￿14 (Enqlwd & W*sl Pag• 9 ## **Fareham Citizens Advice Bureau (A company limited by guarantee) Notes to the Financial Statements for the year ended 31st March 2022** ## 1 _**Statement of accounting policies**_ The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: ## a) Basis of accounting The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated on the relevant note(s) to these financial statements. The financial statements have been prepared in accordance with: the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) issued on 2nd October 2019. - the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102); and with - the Charities Act 2011. - b) Income recognition policies Grants receivable to finance the bureau's activities are credited to the Statement of Financial Activities in the year to which they relate. Revenue grants received in advance are held as deferred income within creditors in the Balance Sheet and released to the Statement of Financial Activities in the relevant year. Capital grants towards the cost of fixed assets are credited in full in the period of receipt and shown in the Balance Sheet as designated equipment reserves, released to general funds over the life of the assets. Bank interest and donations are credited as income on receipt. The bureau also benefits enormously from voluntary assistance in carrying out its activities. This voluntary contribution is not included in the financial statements but its value to the bureau has been estimated and is disclosed in the directors' report. - c) Expenditure All expenditure is accounted for on accruals basis. Direct staff costs relating to each area of service provision are attributed to the relevant activity. Other costs including general management, finance and administration, together with overhead cost, have been apportioned to the core activities on the basis of their actual or estimated share of resource utilisation, as appropriate. ## d) Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS102 SORP or FRS102. - e) Tangible fixed assets and depreciation Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged on a straight line basis on the cost of the assets over their estimated useful lives at the following rates: Furniture and fittings 4 years 25% per annum Office equipment 4 years 25% per annum Page 10 **Fareham Citizens Advice Bureau (A company limited by guarantee) Notes to the Financial Statements for the year ended 31st March 2022** ## 1 _**Statement of accounting policies … continued**_ ## f) Restricted funds - Income received for restricted purposes is included in a restricted fund against which appropriate expenditure is allocated. ## g) Designated funds Designated funds are allocated from unrestricted funds, by the trustees, for specific purposes. The use of these funds is at the discretion of the trustees. ## h) Pensions The bureau offers defined contributions into a pension fund and these are charged to expenditure in the period to which they relate. ## i) Operating leases - Payments under operating leases are charged over the life of the lease in the period to which they relate. ## j) Cash flow statement The board of trustees has taken advantage of the exemption in section 1A of FRS102 from the requirement to produce a cash flow statement on the grounds that it is a small company. ## k) Liability recognition Liabilties are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with resonable certainty. ## l) Creditors The charity has creditors which are measured at settlement amounts less any trade discounts. ## 2 _**Income from donations and investments**_ **----- Start of picture text -----**
Unrestricted Restricted 2022 Total 2021 Total
£ £ £ £
a) Voluntary income: General donations -297 297 167
b) Investment income: Bank interest -5 5 60
**----- End of picture text -----**
Page 11 ## **Fareham Citizens Advice Bureau (A company limited by guarantee) Notes to the Financial Statements for the year ended 31st March 2022** |3
**_Income from charitable activities_**
Unrestricted
Restricted
£
£
Fareham Borough Council:
General
120,000
-

Hampshire County Council
-
50,924
Citizens Advice Hampshire:
Healthwatch
2,500
-

Gambling Support
908
-

Kickstart
11,087
-

Hampshire and Isle of Wight
Community Fund
5,150
-

The National Lottery Community Fund
1,524
-

Grant - Universal Credit
-
35,018
Grant - Tesco/Groundwork Covid Fund
1,000
-

Grant - Mental Health & Substance Misuse
-
-
Grant - Local Solutions
-
17,500
Grant - BEIS Adviceline
-
8,800
Grant - CA MAPs Money Advice
-
51,794
Grant - Other Fundraising
232
-

Grant - Windrush Compensation Scheme
390
-

Give as you live funding
250
-

Home and Well Project
1,020
-

Other income
1,023
5,150
**Total income from charitable activities**
145,084
169,186
All income in the prior year was unrestricted except for the following grants:
Hampshire County Council
Grant - Universal Credit
Grant - Mental Health & Substance Misuse
Grant - Local Solutions
Grant - BEIS Adviceline
Grant - CA MAPs Money Advice|










|2022 Total
£
120,000
50,924
2,500
908

11,087
5,150
1,524
35,018
1,000
-

17,500
8,800
51,794
232

390

250

1,020
6,173
314,270|



|2021 Total
£
120,000
37,544
3,750
-
-
3,000
-
37,041
500
10,232
8,750
8,500
20,830
3,282
-
300
20
60
253,809
2021 Total
£
37,544
37,041
10,232
8,750
8,500
20,830
122,897| |---|---|---|---|---| |4
**_Expenditure on raising funds_**
Incurred seeking grants||Unrestricted
£
250
||Restricted
£
-
||2022 Total
£
250
||2021 Total
£
-| |---|---|---|---|---|---|---|---|---| Page 12 ## **Fareham Citizens Advice Bureau (A company limited by guarantee)** ## **Notes to the Financial Statements for the year ended 31st March 2022** ## 5 _**Expenditure on charitable activities**_ |Salaries & national insurance (note 7)
Travelling expenses
Recruitment costs
Training
Rent
Repairs and renewals
Postage and stationery
Telephone
Insurance
Annual general meeting costs
General expenses
Bank charges
Photocopying
Computer consumables & licence fees
NACAB Information System
Accountancy and book-keeping fees
Legal and professional fees
Access to support costs
**Total expenditure on charitable**||Unrestricted
£
102,710
463

214

387

8,321
8,902
1,793
3,739
1,207
44
8,382
96
636

2,902
2,930
7,980
-
104
150,810|







|Restricted
£
179,584
445

305

601

2,700

587

3,915
342

1,203
251

189,933|











|2022 Total
£
282,294
908

519

988

11,021
8,902

2,380
7,654
1,207
44

8,382
96

978

4,105
3,181
7,980
-

104

340,743|







|2021 Total
£
158,746
990
-
252
11,000
10,159
2,117
6,710
765
-
6,301
65
565
1,769
3,181
3,949
35
1,406
208,010| |---|---|---|---|---|---|---|---|---| ## 6 _**Fees paid for examination of the Financial Statements**_ |Independent examiner's fees
Tax compliance fees||2022 Total
£
1,098
102

1,200||2021 Total
£
1,098
102
1,200| |---|---|---|---|---| ## 7 _**Directors and employee information**_ The trustee directors of Fareham Citizens Advice Bureau are all volunteers and no trustee received, or is due to receive, any remuneration for the year to 31st March 2022. The average number of employees, analysed by function, was: |Direct charitable activities
Management and administration
Analysis of staff costs
Wages and salaries
Social security costs
Contributions into employees' defined contribution pensions
No employee received remuneration of more than £60,000.||2022 Total
No.
13
3
16
2022 Total
£
265,003
12,706
4,585
282,294||2021 Total
No.
9
3
12
2021 Total
£
152,159
4,463
2,124
158,746| |---|---|---|---|---| Page 13 ## **Fareham Citizens Advice Bureau (A company limited by guarantee) Notes to the Financial Statements for the year ended 31st March 2022** **----- Start of picture text -----**
8 Tangible fixed assets
Furniture and Office
fittings equipment Total
£ £ £
Cost
As at 1st April 2021 1,350 2,111 3,461
Additions - --
-
Disposals 2,111)( ( 2,111)
As at 31st March 2022 1,350 1,350-
Depreciation
As at 1st April 2021 1,350 2,111 3,461
Charge for the year - --
-
Written out on disposals 2,111)( ( 2,111)
As at 31st March 2022 1,350 1,350-
Net book value
As at 31st March 2022 - --
As at 1st April 2021 - --
9 Debtors
2022 Total 2021 Total
£ £
Grant debtor 3,953500
Other debtors 5,347 -
Prepayments and accrued income 3,237 823
9,084 4,776
All debtors are recoverable within one year.
10 Cash at bank and in hand
2022 Total 2021 Total
£ £
Bank current account 64,333 176,711
Bank deposit account 47,508 47,504
Cash in hand 3466
111,907 224,249
11 Creditors - amounts falling due within one year
2022 Total 2021 Total
£ £
Taxation and social security 5,285 3,815
Pension costs 1,538 1,224
Other creditors 1,862 -
Accruals and deferred income 19,870 105,129
28,555 110,168
**----- End of picture text -----**
Page 14 **Fareham Citizens Advice Bureau (A company limited by guarantee) Notes to the Financial Statements for the year ended 31st March 2022** ## 12 _**Creditors - amounts falling due after more than one year**_ The bureau had no creditors falling due after more than one year. ## 13 _**Analysis of net assets between funds**_ |**_alysis of net assets between funds_**||||| |---|---|---|---|---| |Tangible fixed assets

Current assets
Current liabilities
(|General

funds
£
-

28,555
28,555)
|Designated
funds
£
-
92,436

-
|Restricted
funds
£
-
-

-

(|Total
funds
£
-
120,991
28,555)| |||
|


|| ## 14 _**Analysis of charitable funds**_ ## _**Analysis of movements in restricted funds**_ |
Restricted funds
Hampshire County Council

Grant - Universal Credit

Grant - Local Solutions

Grant - BEIS Adviceline

Grant - CA MAPs Money Advice

Grant - Outreach

Total restricted funds

**_Analysis of movements in unrestricted funds_**
Unrestricted funds
General funds

Designated employee termination fund
Designated rent fund
Leases
Designated dilapidations and
closure cost fund
Designated operating contingency
fund
Designated fund for seeking
alternative funding
Designated fund for seeking
alternative premises

Total unrestricted funds
Total funds|As at 1st
April 2021
£
-

-

-

-

-

-

-

-

24,724
3,667
1,721
6,000
39,644
43,101
-

118,857
118,857|













|Incoming
resources
£
50,924
35,018
17,500
8,800

51,794
5,150

169,186
127,573
12,226
-

-
-

-

-

5,587
145,386
314,572|





|Outgoing
resources
£
52,560
35,018
24,441
12,910
54,054
10,950
189,933
106,826
-

-
-
1,133
43,101
151,060
340,993|Transfer
between funds
£
1,636
-

6,941
4,110
2,260
5,800
20,747
20,747)
(
-

-

-

-

-

-

20,747)
(
-
|






|As at 31st
March 2022
£
-
-
-
-
-
-
-
-
36,950
3,667
1,721
6,000
-
38,511
-
5,587
92,436
92,436| |---|---|---|---|---|---|---|---|---| Page 15 **Fareham Citizens Advice Bureau (A company limited by guarantee) Notes to the Financial Statements for the year ended 31st March 2022** ## 14 _**Analysis of charitable funds … continued**_ |**Name of fund**|**Description, nature and purpose of the fund**| |---|---| |General fund:|These are the 'free reserves' after allowing for all designated| ||funds.| |**Designated funds**|| |Employee termination fund:|These reserves have been designated to meet the costs of| ||redundancy in the event of the bureau's closure.| |Rent fund:|Funds have been set aside to cover four months rent on the| ||premises in anticipation of the landlord being able to find| ||a new tenant within this period after the bureau has closed.| |Leases:|This is to cover the termination costs for the leases relating to the| ||telephone system and photocopier.| |Dilapidations and closure|| |fund:|In the event of the bureau's closure these funds will be used to meet| ||the costs arising from closure.| |Operating contingency:|These funds have been designated to cover the cost of any| ||unforeseen expenses and accrued holiday pay for a period of four months.| |Seeking alternative|These funds have been set aside to enable the bureau to seek alternatiive| |premises|premises and include moving costs and the fitting out of the new premises.| ## 15 _**Financial commitments**_ ## a) Capital commitments No capital commitments existed as at 31st March 2022. ## b) Operating lease commitments As at 31st March 2022 the company had annual commitments under non-cancellable operating leases as follows: |Expiring in less than one year
Expiring within one to two years
Expiring within five years
Expiring within five to ten years|

|Land and
Buildings
2022 Total
£
-

-

11,000
-
|


|Other
Assets
2022 Total
£
189

-
413

-|


|Land and
Buildings
2021 Total
£
-
-
11,000
-|
|Other
Assets
2021 Total
£
-
602
-| |---|---|---|---|---|---|---|---|---| ## 16 _**Corporation Taxation**_ The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. Page 16 The following does not form part of the statutory financial statements to be filed at Companies House. Independent examiner's report Report to the trustees of the Fareham Cltlzens Advice Bureau (charity no. 1142745) on the Flnanclal Ststements for the year ended 31st March 2022 set out on pages 7 to 16 I report lo the truslees on my examination of the financial stat￿ents of the above ch￿rtY fthe Compan¥'l for the year ended 31 st March 2022. R¢spon5ibilities and basis of report As the charity's trustees, you are responsible for the preparation of the financial ststements in accordance with the requirements of the Chariles Act 2011 {'the Act"). I report in respect of my examination of the Companls financial statements carried out under section 145 of the 2011 Act and in Car￿ng out my examinatw)n, I have folkN4ed all the appluble Directions 9iven by the Charty Commission Ljnder section 14515llbl of the Act. Independent oxamlnees statement l am qualified to undertake the examinaknon by being a qualrfwl memtsr of Institule of Chartered Accountants in England & Wales. I have COMp￿ted my examination. I confimi that no material mallers have crAne to my attention in COnnect￿n with the examination which gives me cause lo beI￿ve that in. any mater￿1 ￿SpeCt". the accounting records were not kept in accordanc* s*lion 130 of the Charities Aet,. or the financial statements did not accord with the aceounling records", or the financial slalemenls dKI not comply with the applicable requirements conceming the form and content of financial stslemenls sel out in the charit￿s (Accounts and Reports) ReguLgtions 2008 other than any requirement that the finanual statements gNe a 'true and fairf view which Is not a maller considered as part of an independent examination_ I have no concerns and have come across no ot￿r mattefs in connection with the examination lo wh￿h allenknon rawn in this ￿port m ￿￿er to enab￿ a proper understanding of the ￿)Unts to be reached. Date: 30th September 2022 elherell FCA Palmei Riley & Co.. Chartered Accountants Unil E2, Fareham Heights Standard Way Fareham Hampshire P016 8xr Page 17