||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet||7|to|8|
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||10||
|Notes to the Financial Statements||11|to|18|
|Detailed Statement ofFinancial Activities|||19||
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|||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS FROM||||||||
|Donations
and legacies||||826||826|456|
|Charitable
activities||||||||
|Bureau services||||484,325|198,238|682,563|714,028|
|Other trading activities||||33,047||33,047|22,712|
|Investment
income||||465||465|25|
|Total||||518,663|198,238|716,901|737,221|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Bureau services||||507,539|196,423|703,962|679,284|
|NET INCOME||||11,124|1,815|12,939|57,937|
|Transfers between|funds||15|(I1,685 )|11,685|||
|Net movement
in funds||||(561)|13,500|12,939|57,937|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought|forward|||414,820||414,820|356,883|
|TOTAL FUNDS CARRIED FORWARD||||414,259|13,500|427,759|414,820|
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||||||3].3.23|31.3.22|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible assets|||3,180||3,180|5,757|
|CURRENT ASSETS|||||||
|Debtors||12|4,228||4,228|27,444|
|Cash at bank and in hand|||596,983|13,500|610,483|528,259|
||||601,211|13,500|614,711|555,703|
|CREDITORS|||||||
|Ainounts
falling due within|one year|13|(190,132)||(190,132)|(146,640)|
|NET CURRENT ASSETS|||411,079|13,500|424,579|409,063|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||414,259|13,500|427,759|414,820|
|NET ASSETS|||414,259|13,500|427,759|414,820|
|FUNDS||15|||||
|Unrestricted
funds|||||414,259|414,820|
|Restricted funds|||||13,500||
|TOTALFUNDS|||||427,759|414,820|
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||||||Cash Flow Statement|||
|---|---|---|---|---|---|---|---|
|||||for the|Year Ended 31March|2023||
|||||||31.3.23|31.3.22|
|||||Notes||||
|Cash flows froin operating||activities||||||
|Cash generated
from operations||||||82,708|64,878|
|Net cash provided by operating
activities||||||82,708|64,878|
|Cash flows from investing||activities||||||
|Purchase oftangible fixed assets||||||(949)|(6,762)|
|interest received||||||465|25|
|Net cash used in investing|activities|||||(484)|(6,737)|
|Change in cash and cash|equivalents||in|||||
|the reporting
period||||||82,224|58,141|
|Cash and cash equivalents||at the||||||
|beginning ofthe reporting||period||||528,259|470,118|
|Cash and cash equivalents||at the end|of|||||
|the reporting
period||||||610,483|528,259|
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||||Notes to the Cash Flow Statement
for the Year Ended 31March 2023|Notes to the Cash Flow Statement
for the Year Ended 31March 2023|||
|---|---|---|---|---|---|---|
|RECONCILIATION|||OF NET INCOME TO NET CASH FLOW FROM||OPERATING ACTIVITIES||
||||||31,3.23|31.3.22|
|Net income|for the|reporting||period (as per the Statement ofFinancial|||
|Activities)|||||12,939|57,937|
|Adjustments|for:||||||
|Depreciation|charges||||3,526|1,004|
|Interest received|||||(465)|(25)|
|Decrease in|debtors||||23,217|39,719|
|Increase/(decrease)||in|creditors||43,491|(33,757)|
|Net cash provided||by|operations||82,708|64,878|
|ANALYSIS|OF CHANGES|||IN NET FUNDS|||
|ANALYSIS OF CHANGES IN NET FUND|S|||
|---|---|---|---|
||At 1.4.22|Cash flow|At 31.3.23|
|Net cash||||
|Cash at bank and in hand|528,259|82,224|610,483|
||528,259|82,224|610,483|
|Total|528,259|82,224|610,483|
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||DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES|||
|---|---|---|---|---|
||||31,3.23|31.3.22|
||Individual
donations||826|456|
|3.|OTHER TRADING ACTIVITIES||||
||||31.3.23|31,3.22|
||Other trading activities||33,047|22,712|
|4.|INVESTMENT INCOME||||
||||31.3.23|31.3.22|
||Deposit account interest||465|25|
|5.|INCOME FROM CHARITABLE ACTIVITIES||||
||||31.3.23|31.3.22|
|||Activity|||
||Grallts|Bureau services|682,563|714,028|
||Grants received, included|in the above, are as follows;|||
||||31.3.23|31.3.22|
||Government
grants||682,563|714,028|
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|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|
|||Support||
||Direct|costs (see||
||Costs|note 7)|Totals|
|Bureau services|698,562|5,400|703,962|
|SUPPORT COSTS||||
||||Governance|
||||costs|
|Bureau services|||5,400|
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||||31.3.23|31.3.22|
|---|---|---|---|---|
|Depreciation|—owned assets||3,526|1,005|
|Independent|examination|fee|2,523|2,375|
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|STAFFCOSTS||||||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|Wages and salaries||||508,905|498,467|
|Social security costs||||32,623|29,495|
|Other pension costs||||18,057|16,700|
|||||559,585|544,662|
|The average monthly|nuinber ofemployees|during|the year was as follows:|||
|||||31.3.23|31,3.22|
|Advisers||||28|30|
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|11.|TANGIBLE|FIXEDASSE|TS||||||
|---|---|---|---|---|---|---|---|---|
||||||Fixtures||||
|||||||and|Computer||
||||||fittings||equipment|Totals|
||COST||||||||
||At
1 April 2022|||||24,484|8,801|33,285|
||Additions||||||949|949|
||At 31March|2023||||24,484|9,750|34,234|
||DEPRECIATION||||||||
||At 1 April 2022|||||24,484|3,044|27,528|
||Charge for year||||||3,526|3,526|
||At 31 March|2023||||24,484|6,570|31,054|
||NET BOOK|VALUE|||||||
||At 31March|2023|||||3,180|3,180|
||At 31 March|2022|||||5,757|5,757|
|12.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
||||||||31.3.23|3].3.22|
||Trade debtors|||||||4,000|
||Prepayments|and accrued income|||||4,228|23,444|
||||||||4,228|27,444|
|13.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
||||||||31.3.23|31.3.22|
||Social security and other taxes||||||9,360|14,072|
||Other creditors||||||9,387|4,810|
||Accruals and|deferred income|||||171,385|127,758|
||||||||]90,132|146,640|
||Deferred income comprises||sales|invoices raised in|advance ofthe year|to which it relates.|||
|||||||||31.03.23|
||Balance as at|1stApril 2022||||||114,231|
||Amount released to income||earned|from charitable|activities|||(114,231)|
||Amount
deferred in year|||||||162,831|
||Balance as at|31stMarch 2023||||||162,831|
##
||||3],3.23|31.3,22|
|---|---|---|---|---|
|Within one year|||68,112|34,124|
|MOVEMENT IN FUNDS|||||
|||Net|Transfers||
|||movement|between|At|
||At 1.4.22|in funds|funds|31.3.23|
||||f.||
|Unrestricted
funds|||||
|General
fund|414,820|11,124|(11,685)|414,259|
|Restricted funds
G~ Debt Advice||(11,362)|11,362||
|MacMillan Project||(256)|256||
|Mental Health Outreach||(67)|67||
|Cost ofLiving Advice||13,500||13,500|
|||1,815|11,685|13,500|
|TOTAL FUNDS|414,820|12,939||427,759|
|Net movement
in funds, included|in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General fund||518,663|(507,539)|11,124|
|Restricted funds
G~ Debt Advice||92,970|(104,332)|(11,362)|
|MacMillan
Project||62,268|(62,524)|(256)|
|Mental Health Outreach||28,000|(28,067)|(67)|
|Cost ofLiving Advice||15,000|(1,500)|13,500|
|||198,238|(196,423)|1,815|
|TOTAL FUNDS||716,901|(703,962)|12,939|
##
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.4.21|in funds|funds|31.3.22|
|Unrestricted
funds|||||
|General fund|356,883|63,302|(5,365)|414,820|
|Restricted funds|||||
|GMMAP Debt Advice||(4,122 )|4, 122||
|MacMillan
Project
UC H2C||(707)
(536)|707
536||
|||(5,365)|5,365||
|TOTAL FUNDS|356,883|57,937||414,820|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|495,718|(432,416)|63,302|
|Restricted funds
G~ Debt Advice|137,024|(141,146)|(4,122)|
|MacMillan
Project
UC H2C|62,268
42,211|(62,975)
(42,747)|(707)
(536)|
||241,503|(246,868)|(5,365)|
|TOTAL FUNDS|737,221|(679,284)|57,937|
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|||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|
|||for the Year Ended 31March 2023|||
||||31.3.23|31.3.22|
|||||f.|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Individual
donations|||826|456|
|Other trading activities|||||
|Other trading activities|||33,047|22,712|
|Investment
income|||||
|Deposit account interest|||465|25|
|Charitable
activities|||||
|Grants|||682,563|714,028|
|Total incoming
resources|||716,901|737,221|
|EXPENDITURE|||||
|Charitable
activities|||||
|Wages
Social security|||508,905
32,623|498,467
29,495|
|Pensions|||18,057|16,700|
|Rent and rates|||85,959|85,514|
|Insurance|||160|914|
|Telephone|||7,489|6,742|
|Printing,
postage, stationery
and advertising
General expenses and project. costs|||8,103
13,942|7,104
12,474|
|Training
and conference costs|||1,539|1,407|
|Repairs and maintenance
Travelling|||2,112
1,558|109
1,037|
|Canteen and provisions|||1,822|1,173|
|Volunteer
expenses|||3,608|4,542|
|Information
systems, host
Computer
equipment|fees and subscriptions||9,159
3,526|7,247
1,004|
||||698,562|673,929|
|Support costs|||||
|Governance
costs|||||
|Accountancy
and financial
support
Independent
Examiner's
fee|||2,576
2,523|1,950
2,375|
|Legal fees
General expenses|||301|666
364|
||||5,400|5,355|
|Total resources
expended|||703,962|679,284|
|Net income|||12,939|57,937|