citizens advice Fareham Fareham Citizens Advice Bureau Directors, and Trustees. Report & Financial Statements For the year ended 31st March 2025 Registered Charity Number.. Company Registration Number: 1142745 07653014 (England & Wales)
Fareham Cltizens Advice Bureau IA Company limited by guarantee) Financlal Ststement5 for the year ended 3tst Marth 2025 Contents Company/Bureau Information Pa Report of the Directors. and Trustees, PaS 2to5 Statement of Financial Aciivitie5 Page Balance Sheet Pages 7t08 Notes io Lhe Financial Statemonts Pages 9t016 The following doe5 not form part of the statutory Financial Statements to filed at Companies House.. Report of the Independent Accountant Pa 17
Fareham CItin5 Advl¢e Bureau {A company limited by guarantee) Company and Bureau ITiformation Charity Name and Number Fareham Citszens Advice Bureau". registered charity number 1142745 company number.. 07653014 {England and Wales) Correspondence Address 1st Floor, County Library Building, Osborn Road, Fareham, Hants, P016 7EN TrusteeslDlrectors Mr N Carter {resigned 30th September 2024) Mr J Keating Mrs L Rigby (resigned 30th May 2024) Mr D 8ridger- Treasurer Mr K Buchanan (resigned 16th October 2024) Mr P Ellison (resigned 4th June 20241 Mr J G J Neale (appointed 22nd May 2024, resigned 3rd February 2025) Mrs A Harrison (appointed 9th September 2024, resigned 12th May 20251 Mr O Phillips (appointed 16th October 2024) Ms 8 Poppe (appointed 16th October 2024, resigned 31st May 2025) Mr D R Lawrence {appointed 16th October 2024, resigned 3rd February 2025, re-appointed 14th July 2025, resigned 9th October 2025) Mr C Mckay (appointed 17th October 2024, resigned 28th May 2025) Ms S Lane (appointed 17th October 2024, resigned 30th September 2025) Mr J P C Lloyd {appointed 17th October 2024, resigned 30th June 2025) Ms K Velasco - Chairperson (appointed 16th September 2025) Fareham Borough Council Representatives on Trustee Board Cllr L Clubley Cllr J Needham Chief Offlcer and Company Secretary Ms B Mayo Bankers Barclays Bank. 66- 69 West Street, Fareham, Hants, P016 OAP Independent Examlner: Mrs G Graham, Palmer Riley & Co, Chartered Accounlanls, 1st Floor. Unit E2, Fareham Heights, Standard Way, Fareham, Hanls, P016 8XT Pa1
Fareham Cltlzens Advice Bureau (A company limited by guarantee) Directors. and Trustees. Report For the year ended 31st March 2025 The Iruslees (who are also the Directors for the purpose of Company Law) have pleasure in presenting their report and financial statements for the year ended 31 sl March 2025. The financial statements comply with the Chanties Act 2011, the Companies Act 2006, the Memorandum and Articles of Association. and AcrA)unting and Reporting by Charities.. Statement of Recommended Practice applicabè to charities preparing their accounts in accordan with the Financial Reporting Standard for Smaller Entities. Hlstory, objectives and activities of the Charlty CrtEens Advice Fareham (CAFI has been in operalion since 1942. It was originalty run as part of the WVS and was siluated in a snJ311 building behind Weslbury Manor, formerty the old Council Offices. In 1978 the Bureau relocated lo 5 Osborn Road South and again moved in 1985, this lime lo the second floor of Fareham Library. Our lalesl move in October 2013 was lo the 1 st floor of the library. The company acquired the charilable activities of Fareham Citizens Advi Bureau. registered charity number 265158, on 1st October 2011. The Fareham office is managed by a volunteer Trustee Board, with strategic business delegated lo the Chief Officer. Day-lo-day management of ihe operational aspects of the charity have been delegated lo the Chief offir. There are Ljsually around 50 volunteers and 7 full lime equivalent paid staff. CAF is a member of the National Associatnn of Citizens Advice ICitA) and as such is committed lo the twin aims of the Citizens Advi service, which are., To provide the advice people need for the problems they face • To impiove Ihe policies and practices that affect people's lives The service provides free, confidential and impartial advi to everyone regardless of ability, age, gender, gender identity, ra, religion or belief, sexual orientation and sccial or economic status. It recognises the positive value of divetsily, promotes equality, and challenges discrimination. The Office helps lo resolve money, legal and other problems by providing advi and information, and by influencing policymakers in Fareham and surrounding areas and across Hampshire, as well as contributing to policy debales at a national level VH our parent organisalion CitA. Our vision for CAF ig to: be seen and known as a ntre of eXcelnce in the provision of Citizens Advi services to the cilizens of Fareham and the surrounding area, working closely with Fareham Borough Council {FBCI and other key I1 partner organisalions,. and • contribute to the CitA drive to enrich society through tkcoming a tK)werful influell on social policy, tth bcally and nationally. Page 2
Fareham Citizens Advice Bureau (A company limited by guarantee) Directors. and Trustees. Report For the year ended 31st March 2025 Management and governance arrangements The Constitution document, the Articles of Association. provides for no fewer than three Trustees and for no more than frfteen. The current trustees come from a broad variety of backgrounds, g iving 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. Specrfic informatKJn about CAF is provided by the Chief Officer, including access to the goveming document, information on administrative procedures and copies of the previous yearfs annual report and aunIs. New Trustees are also encouraged lo access the National CitA intranet www.citizensadvice.org.uk which contsins useful information for Iruslees, including 'brte size, online training modules. The Trustees annually review the risks Ihal the charity faces. The main risks currentty identified relate to the risks being faced due to the reduction in funding and drffi()Jllies in recruiting volunteers and keeping paid staff for advice roles such as webchat and email advi. Action is in hand to mitigate as far as possib each of these issues. Achievements and performance of the Charity We offer full 1VICe via tephone, email and face to fa at Crtizens Advi Fareham and at outreach locations and through home visiting appointmenls. Throughout the ole of last year we have.. Helped over 2,132 individual clients access ajvi Given advice on over 7,664 issues Registered 819 new clients lo our servi Saw over 602 people at outreach locations {720kn of these We r£w clients or existing clients with new issues) Carried oul 67 home visits Recorded an income gain for dients lotalling over £608.830. Helped wrrte off bad debts lotalling £141 ,622 The total financial outcome for year 24-25 is £786,009. We conts'nue 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 besl course of action. Options include the provision of information that will help the dient to resolve their issue independently, further advi Ihat day or the booking of an appointment Page 3
Fareham Citizens Advice Bureau (A company limited by guarantee) Directors. and Trustees. Report For the year ended 31st March 2025 Ilelephone orface to face or a home visill with an Adviserfor another day, or referral lo our propcls for speiific mallers or for clients who need more help to navigate through the pr$s. We sawthe continuation of core funding by FBC for which we are very grateful. Due to funding from Ihe Nali)nal Lottery, Community Fund, outreach seN1$ have continued this year where we have seen over 600 clients at hourty outreach sessions per week each in the following locations.. Portchester Library, Fareham North West, Stubbington Library and al Waypoinl Church Hub & pantry, Tilchfiekl Common. New clients or clients with new issues maye up 720/0 of all clients seen at Qutreach, showing the importance of Outreach lo enable increased access to advi for the outlying areas of the FahaM Borough. An impressive 470h of those en al Outread) had their issues resolved with advi gwen. This is testimony to the qualily and training of the adviserfs) at Outreach. We were delighted to become part of the Hampshire Home and Well project again this year. This is for the provision of a wraparound service that helps vulnerable patients primarily in hospitals and Primary Care, with energy poverty needs and advi or signposting for related social needs In turn, the project aims to equip the person wrth the necessary support lo live safely and independently, bNo advirs 20hrs pw. This two-year grant is from Cityzens Advi Hampshire in partnership with SSEN, SGN, Portsmoulh Water. Southem Water, South East Waler and Hampshire & Isle of Wight ICB. Our generalist advisers maintain a high level of competence and are supp)rted by an up-lo-dale and comprehensive information system. We are subject lo rigorous and regular CitA rrembership audils that cover Lx)th the quality of our advice IQAAI and the robustness of our management systems. We continue to assess 30 cases of advice tor audit per quarter and the Iruslees reviewed Govemance and management of the charity through Leadership Assessment. Trustees carried out a Year 1 audit in Juty 2024 to ensure we maIn on Irack. Flnancial review. investment policy and reserves Our sources of funding are in the form of seNice agreements and contracts. It has been considered necessary lo make provision for contingencies against a sudden loss of income since some agreements are for fixed periods (a year or less). 1115 hoped, but understood that it may not be the case, that the Trustee Board would receive at least three months, noti of funding withdrawal. 11 has en agreed to allow for a controlled wind down rf specrfic grants are r1 renewed and Pfovide resources lo enable altemalive funding io be SOurd for a limited period. This would provide capacity for an orderly closure of the offi or enab a reduced service. In accordance with Charity Commission guidelines, the Reserves will always be sufficient to o)ver- • staff notice payments and redundancy payments,. Page 4
Fareham Citizens Advice Bureau (A company limited by guarantee) Directors, and Trustees. Report For the year ended 31st March 2025 rent due under Ihe lease.. commitmenls for equipment or contracts unpaid., closure and diL4pidation costs., a short-term operatiw contngency. The adequacy of the reserves policy is reviewed by the Boa annually, The Board decided to increase the oEEraling contingency fund due lo the challenging fundraising environment and the lack of confirmed funding to be reIVed by the Charity at the year end, for the next finanaal year. If additional funds are received, amounts will be released lo general funds throughout the year. At the end of March 2025, three months, operating costs and sakries were vald at £58,172 and the full value of designated reserves to include closure and dilapidation Servi reserve were agreed by the Trustee Board in May 2025 to £77,892. Slatement of internal control The tNslee board over*es the information security of all personal information of our clients, staff. funders and strategic partners that are prOssed. As a local Citizens Advice, we have adopted the national Crtizens Advi recommended Information Assuran policy on how we manage r¢sk. We hold joint responsibility for client data that is held in our case management system with the national Cilizens Advi Se1. An informalk)n assurance management team exists lo ensure the confidenlialily, integrity and avai18bility of all personal and sengtive data is maintained to a level which is compliant with the requirement5 the General Data Protection Regulation and Data Protedion Acl 2018. Signed on behaff of the charity's trusleesldireclors Ms K Velasco Chair of Trustee Board 2r¢ December 2025 Page 5
Fareham Cltlzens Advice Bureau IA company limited by guarantee) Statement of Flnancial Activities for the year ended 31st March 2025 Unrestrlcted Re$tritted Funds Total Fund5 2025 Total Funds Note Funds 2024 Incoming resources In¢ome from: Donations legacie5 Ib 12,237 12,237 14,115 Inmmefrom chorituble octivities.. Operation oicitizcns Advice BUaU 143,081 100,628 243,709 284,361 Investment intorne 2ts 716 716 575 Total Incoming resource5 156.034 100,628 256.662 299.051 Resources expended Expenditure on: Raising funds 13 Expenditure on charAtoble t7ctivities.' Operation of Citizens Advice Bureau 105,047 105,257 210,304 263,620 Total resources expended 105,047 105,257 210,304 263.633 Net incomellexpenditurel for the year 50.987 1 4,6291 46,358 35,418 Transfers between funds 4,6291 4,629 Net movement in funds for the year 46,358 46.358 35.418 Reconciliatlon of funds Total funds broughi forward 121,732 121,732 86,314 Total funds carried fonvard 168.090 168,090 121.732 There a no re¢ognised gains or105ses in the year other than those included in the Statement of Financial Actsviiies. All income and cxpendituro derive from continuing activities. Pago 6
Fareham Citizens Advice Bureau IA company Ilmited by guarantee) Balance Sheet Asat Asat 31st March 2025 31st March 2024 Note Fixed assets Tangible assets Current assets Debtors and prepaymonts Cash at bank and in hand Total Curront assets 27,800 164,384 192.184 10,322 129,166 139,488 10 LiabllSties Creditors,. Amounts falling due Wbthin one year 11 24,094 17,756 Net current assets 168.090 121,732 Total asset5 less current Ilabllltles 168,090 121,732 Creditors.. Amounts falling due after more than one year 12 Net assets 168,090 121.732 The funds of the charity Unrestricted funds General funds Designated funds Restricted funds 14 168,090 121.732 Total charlty lunds 168,090 121,732 Page 7
Fareham Cltizens Advice Bureau IA iompany limlted by 8tJaranteel Balance Sheet Itontinued) As at 31st March 2024 The direcLors are sat15fied that the company is entitled to exempiion from the provi510115 of the Companies Act 2006 (the Actl relating to the audit of the financial statements for the year by virtue of settion 477, and that no member or members have requested an audit pursuani to section 476 of theArt. The directors acknowledge Lheir re5tx)nsibility for.. lil ensuring that the company keeps adequate accounting records which comply with section 386 of the Act. and lill preparing financial $teMentS which give a rrue and fair view of the stare of affairs of the company as at the end of the financial year and of it5 Surplus or deficit for the financial year in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to finala1 statement5, so far as applicable to the company. These financial Statements have been piepared in accordan with the special provisions for small companies under Part 15 of the Companies Act 2006. These financial statements were approved and signed by The Board of Directors and authorised for issue on 2nd tkcember 2025. Chairperson/Director Ms K Velasco Treasurer/Director Mr D Bridger Company Registration Number.. 07653014 IEngland & Wales) Page 8
Fareham ale9 Advke Bureau IA company Ilmited by guzranteel Notes to the Financlal Statements for theyear ended 31st March 2025 1 Stotement oJoc¢ountttrJg policies The tyincipal accounting polit¢e5 adopted, judgement5 and key sources of estimatSon uncLYtainty in the preparatn ol the financial sraternent5 are a5 follows.. a) Basis ofaccounLino The financial statenEnts have been prepared under the historical cost convention with item5 recognised at C05t or transaction value unless otherwise stated on the relevant ngtelsl to these finallcial statements. The financial statemènts have been prepared in accordance with..
the Siatcment of Rocommended Practice ISORPI. Accounting and Roporting by Charities preparing their lin8ncial statements in accordance with the Financial RertIng Standard applicable in thc United Kingdom and Ropublic of Iroland IFRS102115sued on 2nd Octobcr 2019. the Financial Roporting Siandard appllt8ble in the UnitcJ Kingdom and Republic of Ireland IFRS1021,' and with the CharitlC5 Act 2011. bl Incorne recognition policie5 Grants receivable to finance tho bureau's 8ctivitie5 are credited to the Staternent of Financial Artivitie5 in year to which they relate. Revtnue grants r¢ccivod in advance are held as deferred income within croditors in the Balanct Sheet and released to the Statement of Financial Activities In the relevant year. Capital grants towards the cost of fixed assets Bre credited in fL¢II in the period of receipt and shown in tho Balance Sheet as designated equipment reserves, released to general funds tsvertho lifc of the assets, Bank interest and donations are credited a5 income on receipt. c} Expondirure All expenditure is accounted for on accruals basi5. Direct staff costs retating to each area of servKe provision are attributed to the relevani activity. Other costs including general management, finance and hdmini5tration, together with overhead cost. have been apportioncd to iho core activities on the basis of their actual or estimated share of resoufce utili5at¢on, as appropriaie, dl Offsettinq There has been no offsetting of assets and liabilities, or income arKI expenses, unless required or permltted by the FRS102 SORP or FRSIO2. Page 9
Fareham Crfizens Advlce BurÈau IA company limited by guarantee) Notes to the Flnanclal Statemert5 for the year ended 31st March 2025 1 Stt7tement oloccountrng pollcles tlpued el Tangible fixed a55et5 and depreciation Fixed asset5 are stated at cost less occumulated depreciation. Deprcciation is charged on a straight lino basis on Iho c05t of the assets over thtir estimated useful INes at the folwIng rates.. Furniture and fittings Offits equipment 4years 4 years 25% per annum 25% per annum r) Restricted fund5 Ir*otne received for restricted purposes is included in a restricted fund against which appropriate expenditure is allocated. gl Designated funds De5igngted funcls are allocated from unrestrted funds, by the trustees. for specifk purpose5. Tho use of these funds is at the discreiion of thc trustees. h) Pensions The bureau offers defined contributions into a pension fund and these are charged to expenditure in the period to which thcy relate. il Operatinq leases Payments under operating leases a charged over the life of the lease in the period to whKh they relate. jl Cash flow slement The board ol trustee5 ha5 taken advantage of the exemption in sectim 1A of FRS102 from the requirement to woduce a cash flow siatementon the grounds that it is a small company, kl Liability recognition Liabilities arc rocognised where it is mre likely than not thai thoro is a legal or construttive obligation comrnitiing chariiy to pay out rur5 and tho amount of the obligatim can be measurcd with reasonable certainty. Il Creditor5 The charity h& creditors which are aSure at settlement amount5 less any trade discounts. ml Goinq ¢(cern The financial statements have been prepared on a going conr basis. Pagelo
Fareham Clt12ens Advite Buieau IA compzny Itmited by guaranteel Notes to the FÉnan¢lal statements for the year enfled 31si March 2025 2 Incomelrom donotions tsndinve5trnents UNostrlc Restrict 2025 Total 2024 Tot31 al Voluntary income.. General donation5 12,237 12,237 14,115 bl Invo5tment income.. Bank interest 716 716 575 3 Income Jrom choritoble ortlvltles Unr tricteo 2025 Total 2024 T Fareham Borough Council.. General Hampshire County Council Ciiizens Advice Hampshire.. Ho8lthwatch Outreach Grant- Local Soluiion5 Grant- CA MAPS Moncy Advice Grant- Other Fundraising Grant- Thc National Lotiery Grant- Communities Against Cancer Grant- COL payment- Remoie worker Granr- COL payment- Debt advisor Grant- Household Support Fund Grani- Energy Assistance Programmè Grant- Clothworkers Fund GrBni- Conneci4Communities Grafii- Digital Inclusion Give a5 you live funding Home and Well Projeci Othcr incomo Total In¢ome from chaNtabfe 3divities 135,000 135,000 135.000 2.733 7,789 19,772 3,408 3.408 146 146 8,724 582 53,939 8,724 17.083 17,083 23,917 15,000 13,903 6,510 16,417 12,075 7.200 5.000 7,908 16,417 12.075 7,200 5,000 7.908 562 26.221 3.965 243,709 562 320 2.435 2,461 284,361 26,221 3,965 143,081 100.628 All income in the prior year was unrestricted except for ihe following grants.. 2024 TDtsI Grant- L(Kal Soluiion5 Grant- Naiional Lottery Grant- COL payment- Remote worker Grani- COL payment- Debt advisor Grant- Energy As515tance Programme Home and Woll Project 19,772 53,939 23,917 15,0(K) 6,510 2.435 121,573 Page11
Fareham Cltizens Advltt Bureau IA company limited by guarantee) Note5 to the Flnancial Statements for the year ended 31st March 2025 4 Expenditure on rolslngfvnds Unrestrict Restricted 2025 Total 2024 Total IUrred seeking grants 13 5 Expenditurf on chorftuble ortlvltles UnrÈstricied Re5tricled 2025 Toial 2024 Tolal Salaries & national insurance IrK)te 71 Travolling expenses Recruitmeni costs Training AHA South Hants access Strategy c05t5 Rent Repairs and newa15 Postage and stationery Telephone Insurance AnnLJal general meeiing costs General oxpcnse% Bank charges Photocopying ComputtfCOn5LJmablo5 & licence fees IT and office equipment NACAB Informaiion Sysiem Acctsuntancy and book-keeping fees legal and professional fees Access to support C05t5 Total expenditure on charltable activities 66,307 3,064 96,875 163.182 3,064 218,507 954 810 B10 325 11.(KJO 676 3.382 5.595 947 25 3,801 115 781 1.630 169 2,028 3,838 11.000 676 3,382 5.748 947 25 4,813 115 781 1.630 7.386 2.028 3.838 11,000 237 2,564 6.839 956 211 6.567 153 1,012 911 1,137 1,038 3,039 7,816 420 986 263,620 7,217 879 105.047 879 210.304 105,257 6 Fees poldfvrexomination of the Flnonclolstotements ZOZ5 Toial 2024 Total Independent examiner s fees Tax compliar0 fees 1,350 150 1.500 1,804 130 1,934 Page12
Fareham Chliens Advlce Bureau IA company limited by guaranteel Notes to the Financlal Statement5 for the year ended 31st March 2025 7 l*rectorsund employee InJormutlotrJ The Irustee directors of Fareham Citizens Advice Bureau are all volunteers an(J no trustee roceived. is due to receive, any remunera140n for the year to 315t March 2025. The average number of employees, analysed by function, was.. 2025 Toial 2024 Total No. Dircct charitafile activities Managernent and administratK)n Analysi5 of staff costs 2025 Total 24 Total W4e5 and salaries Social security COSts Contributlolls Into employces, dcfinLxI con(ribution pensions 1 $3,780 6.734 2,668 163,182 205.553 9.735 3.219 218,507 No employee CtIVed remuneration of more than £60.(KJO. 8 fonqlblefixed tsssets Furniture bnd Office Cost A5 at 1st April 2024 Disposals at cost As at 31 st March 2025 1,350 1,3501 2,111 3,461 3.4611 reciation As at 1st April 2024 Written out on disposals As at 31st March 2025 1.350 1,3501 2,111 2,1111 3,461 3,4611 Net book value A5 at 31st March 2025 As at 1st April 2024 9 Debtors 2025 Toial 2024 Toièl Grant debtor Other debtors Prepayments and accrued Iorne 12,108 11,330 4,362 27.800 4.868 3,854 1,600 10.322 All debtors are recoverable within one year. Page13
Fareham Citizens Ad¥lce BUa IA company Ilmlted by guarantee) Notes to the Financial Statements for the year ended 31st Mzfch 2025 10 Cosh atlnkUndln hond 2025 Total 2024 Total Bank current account Bank doposii account Cash in hand 115.462 48.866 56 164,384 80,979 48,15Z 35 129,166 11 Credltors- umountsfvlling due wlthln one yeor 2025 Toial 2024 Total Taxation and social security Pension costs Other crediiors Accruals and deferred Income 6,(B2 548 4.166 13.298 24,094 4.348 784 932 11,692 17,756 12 Credltors. amoufttsfvllin9 due t7ftermore than oneyeur The bureau had no ¢dItorS fallillg due after more than one year. 13 Anofysls oAnetussets betweenfvnd5 General runds nated Restricted fund5 Total funcls Tangible fixed as5et5 Cuffenr assets 24.094 24.0941 168,090 192.184 24.0941 168,090 Net a55ets 168,090 Page14
Fareham Cltliens Advsce 8ureau IA ¢ompany limited by 8uaranteel Notes lo the Financlal Statement5 lor the year ended 31st Mar¢h ZOZ5 14 Attatys of charltoblefvnds An¢71yslsoAmovementsln restrlctedlunds As at 1st A ril 2024 Incomin Out Transfer A53t31 Mar beiwè?n funds 25 resources resource5 Restricted funds Grant- Tho National Lottery Grant- COL payment- Remote worker Grant- Houschold Support Fund Grant- Energy A5SlStance ProgTarnme Grant- Cloihworkers Fund Grant- Conncct4Communitie5 Grant- Digital InclLJsion Home and Well Project Total restrictLxl funds 8.724 17,083 16,417 12,075 7,200 5,000 7.908 26,221 100.628 9,118 17.705 17,013 12,725 7.217 5.361 8,556 27,562 105.257 394 622 596 650 361 648 1,341 4,629 Anotysis olmovements in unrestrictedfunds Unrestricted funds General funds Designated etnployee termination fund Designated rent fund Designated dil8pidarions and closure cosi fund De5ignatcd operating contingency fUj Total unresrricied funds 109,676 11,096 105,047 4,6291 55,149 2,750 86.245 2,750 5,222 3,675 8,897 58,611 121,732 31,587 156,034 90,198 168,090 105.047 4.6291 Total funds 121,732 256.662 210,304 168,090 Page15
Fareham Cltizens Advlcè Bureau IA company limited by guaranteel otes to the Flnanclal Statements for the year ended 31st March 2025 14 Anofysis oJchoritoblefvnds... contlnutd Name ol fund Descrlption. nature and purpose of the fund General fund.. These are the.fe reserve5, after allowing for all designated furKIs. DeslBnated funds Employee termination fund.. These SerVeS have been designated to meet the c05t5 or redundancy in Ihe event ofthe bureau's closure. Rent fund.. Funds have been Set a51de io cover three months. rent oa thE premises In ant1patIOn of the landlord being able to find a new tenant withill this period after the bureau has c105ed. Lease5'. This Is to cover the termination costs for the leases lating to the ielephone systetn and photocopier. Dilapidations and closure fund.. In th¢ cvont of ihe bureau 5 closure these funds will be used to Meet the cosis arising from closure. Operatimg contingency.. These funds have been designated io cover the tost of any unlore5een expen5e5 and accrued holiday pay for a period of six months. 15 FlnJncl#lcommitments al Capital commitments No capital cDmmitmenisexisted as at 315t March 2025 bl Operaling loase commitments A5 ar 31$1 March 2025 the company had annual commitmènt5 under non-cancellable operaung lea5e5 as follows.. Land PAJildi 2025 Toial Oth L8nd and Other A55e15 2025 Total 2Q24 Toial 2024 Total Expiring in less rhan one year Expiring Wlthin one to iwo years Expiring within five years Expiring Wlthin five to ten years 211 53 103 16 Corporotlon Ttrxutlon The charity is exempt from taK on income and gains falling within section 505 of the Taxes Act 1988 or Secti( 252 of rhe Taxation ol Chargeable Gain5 Aci 1992 to the extenr that these are applied to lis charitable objects. Page16
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 Cltlien5 Advice 8ureau Itharlty no. 11427451 on thè Financial Statements for the yèar ended 31st March 2025 set out on pages 6 to 16 I report to the trustee5 on my exarnination of the financial 5tatement5 of the above ch8rity I'the COmny") for the year ended 31st March 2024 ResponsibIliti and basis of report As the charity's trustees, you are responsible for the preparation of the financial slalemenls in accordance th the requiiements of the Charrties Act 2011 I'the Acl'l. I report in respect of my examination of the Company's financial stalemenls Carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's stat&ment l am qualified lo undertake the examination by being a qualifydd member of Insif((rte of Chartered Accountants in England & Wales. I have completed my examination. I confirm that no mateiial matters have come to my allenlion in Connection with the examination which gives me caijse lo believe that in, any material respect". the accounting records were not kept in a¢¢ordan¢e with section 130 of the Charities Acl," or the finan¢ial 51alemenls did not ac¢ord with the accounting records,. or the financial statements did not comply wlh the applicable requirements concerning the form and ¢onlent of financial statements sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial slalemenls give a 'lrue and fair, view which is not a matter considered as part ol an independent examination. I have no concems and have come across no other matters in connection wlh the examinatson lo which attention should be drawn in this report in order to enable a proper understandin9 of the accounts lo be reached. Date.. 3rd December 2025 Mrs G Graham ACA Palmer Riley & Co., Chartered Accountan15 Unit E2, Fareham Heighls Standard Vvay Fareham Hampshire P016 8XT Page 18