OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Suffolk West Citizens Advice Bureau Annual Report 2021/22 citizens advice West Suffolk

Page
Trustees'
annual
report,		 (incorporating the directors' report)
Statement of financial
activities (including		 income and expenditure
account)
Balance sheet
Statement of Cash Flows 14
Notes to the financial statements 15
Independent examiner's report to the Trustees 23

Reference and administrative and administrative details
Registered charity name: Suffolk West Citizens Advice Bureau
Company registration number: 7645392
Charity registration number: 1144118
Registered Office: The Risbygate Centre, 90 Risbygate Street, Bury St Edmunds,
Suffolk, IP33 3AA.
Principal Places ofBusiness: Bury St Edmunds: The Risbygate Centre, 90 Risbygate Street,
Bury St Edmunds,
Suffolk, IP33 3AA.
Haverhill:
Haverhill
House, Lower Downs Slade, Haverhill,		 Suffolk, CB9
9HB.
Brandon: 9a Market
Hill, Brandon, Suffolk, IP27 OAA.
Mildenhall:
Mildenhall
Hub, Sheldrick Way, Mildenhall,		 Suffolk, IP28 7JX
Newmarket:
Foley House, Wellington
Street, Newmarket,		 Suffolk, CB8
OHY
Trustees
The Trustees who served during the year and at the date ofapproval
were as follows:
Ms M Porch (Vice Chair to 20 October 2021 then
appointed
Chair 20 October 2021)
Mr C Cadman
(Chair to 20 October 2021)
Mr P Holland
(Treasurer and appointed
Vice Chair 20		 October 2021)
Mr R Bolton
MsJ Hall
Mr A Howard
(Appointed
20 March 2022)
Ms J Lancaster (Resigned 30September 2021)
Mr K Lardner
Ms A Mayer (Appointed
25January 2022)
Mr BPeters (Appointed
25January 2022)
Mr M Simpkin
Ms VSteele
Mr W Walker
Ms J Wilkie (Appointed
9July 2021)

Charity Number 1144 118 Statement ofFinancial Activities
(Including an Income and Expenditure
Account)
For the Year Ended 31 March 2022
Note Unrestricted Restricted Total 2021
Funds Funds
n
m
n
n
w		 n frm
Donations
and Gifts		 3,272 0 3272 794
Other Income 24,603 24,603 12,491
Activities
in furtherance		 ofthe charity's
objects
Local government grants 330,393 330,393 364,494
Other Grants and income 125,685 200,402 326,087 238,458
Bank interest 1,536 0 1,536 1,329
Total income and endowments 485,489 200,402 685,891 617,566
Charitable
activities
Bureau operating
costs		 407,704 213,168 620,872 609,751
Management
and administration		 5,869 905 6,774 10,415
Total expenditure 413,573 214,073 627,646 620,166
Net income/(expenditure) before transfers 71,916 -13,671 58,245 -2,600
Transfers
between funds		 3,371 -3,371 0 0
Transfer offunds from Newmarket 0 0
Net movement
in funds		 75,287 -17,042 58,245 -2,600
Fund balances brought
forward
from 1stApril 2021		 296,189 22,479 318,668 321,268
Fund Balances carried
forward at 31st March 2022 371,476 5,437 376,913 318,668
Charity Number 11 44118 h
As At 31st March 2022 2021
Notes
ASLets
Tangible Fixed Assets 15 2,297
Debtors and prepaid expenses 8 9511 12,219
Cash at bank and in hand 9 511,705 521,216 392,634 404,853
Creditors: amounts falling
10 144,303 -88,482
N r 376,913 316,371
376,913 318,668
mFnCk:
Unrestricted 371,476 296,189
Restricted 5,437 22,479
T~zl~ds 376,913 318,668

Statement ofCash Flows for the year ended 31 March 2 022
Note 2IIZ 2021
Cash flow from operating activities 17 117535 541193
Cash flow from investing activities
Payments to acquire tangible fixed assets 0 -17,456
Interest received ~12
Net cash flow from investing
activities		 1536 ~16 1
Net increase/decrease
in		 cash and cash equivalents 119,071 67,967
Cash and cash equivalents at 1 April 2021 392,634 324,668
Cash and cash equivalents at 31 March 2022 51~105 392jj34
Cash and cash equivalents consist of:
Cash at bank and in hand 51M105 ~634

01.04.21 Income Expenditure Transfers 31.03.22
General Reserve 178,295 485,489 405,241 3,371 261,914
Designated Funds
IT Project 8,332 8,332 0
Designated 109,562 109,562
Total Unrestricted
Funds		 296,189 485,489 413,573 3,371 371,476
Restricted Funds
FinCap 2,487 15,534 14,564 3,457
Training 19,992 0 -18,012 1,980
MS Society 0 20,445 20,098 -347 0
Supported
Advice		 0 74,801 93,053 18,252 0
Help to Claim 0 64,713 55,088 -9,625 0
MAPS 0 24,909 28,214 3,305 0
Outreach 0 0 3,056 3,056 0
Total Restricted
Funds		 22,479 200,402 214,073 -3,371 5,437
Total Funds 318,668 685,891 627,646 0 376,913

au 0 e r ti
Co ts
Unrestricted Restricted Total 2021
Salaries, NIC and pensions 289,641 157,130 446,771 459,330
Staff and volunteer 6,344 2,725 9,069 3,573
Office costs 43,212 21,270 64,482 60,080
Premises costs 68,441 32,012 100,453 86,699
Other 66 30 96 69
407,704 213,168 620,872 609,751

Unrestricted Restricted Total 2021
Fundraising and publicity 0 0
Insurance 400 400 400
Annua
I General		 Meeting 353 353 0
Meetings 0 0
Travel 0 0 0
Secreta ria I salary 3,350 3,350 3,350
Governance 103 103 4,145
Examiners remuneration 1,663 905 2,568 2,520
Sundry 0 0 0
5,869 905 6,774 10,415

For the Year Ended 31 March 2022 For the Year Ended 31 March 2022
7 tri
dF		 M e t
Donation
received
Local government grants
Other grants and income 200,402
Totallncoming Resources 200,402
Bureau operating costs 213,168
Management
and		 admin -905
Total Resources Expended 214,073
Net (outgoing) resources before
transfers -13,671
Transfers
between		 funds -3,371
Opening
balance		 at 1 April 2021 22,479
Balance at 31 March 2022 5,437

13 of NetA
Restricted Designated General Total
Fixed Assets 0 0 0
Current Assets 5,437 109,562 406,217 521,216
Current Liabilities 144,303 -144,303
5,437 109,562 261,914 376,915

total emolu ments
for th		 e year amou nted
to;
2022 2021
Gross Pay 411,313 427,132
Employer's NIC 27,443 23,394
438,756 450,526
Employer's contribution to
pensions 11,365 12,154
450,121 462,680
Other staff
450,121 462,680
Bureau operation Bureau operation cost (Note 5) 446,771 459,330
Management and Administration
Secretarial
salary 3,350 3,350
450,122 462,680

T n
ble Fi ed Assets
Office and
Cost Computer Equipment Total
As at 1 April 2021 79,091 79,091
Additions 0
Disposals 0
As at 31 March 2022 79,091 79,091
Depreciation
As at 1 April 2021 76,794 76,794
Charge for the year 2,297 2,297
Disposals 0 0
As at 31 March 2022 79,091 79,091
Net BookValue
As at 1 April 2021 2,297 2,297
As at 31 March 2022
activities
2922 2921
Net income for the year' 58,245 -2,600.00
Interest receivable -1,536 -1,329.37
Depreciation
oftangible fixed		 assets 2,297 19,501.24
Increase/decrease in
debtors 2,708 30,543.10
Increase/decrease in
creditors 5~21 37~77 1Q
Net cash flow from operating activities 117~35 34/3/3~