2023-03-31-accounts - Staffordshire South West Citizens Advice Bureau

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Trustees and Directors	Report	4-13
Statement ofTrustees	and Directors Responsibilities	14-15
Audit Report		16-19
Statement of Financial	Activities	20
Balance Sheet		21
Cash Flow Statement		22
Notes to the Financial	Statements	23-34

S.	Nicholls (CEO) (retired March 2023)	Nicholls (CEO) (retired March 2023)
J.	Marker (CEO) (March 2023)
C.	Davis (Head of Operations)
T.	Argent (Contracts & Partnerships	Manager)
N.	Hessar (Business Support Manager)
L	Hitchcock (Caseworker Manager)

		Notes	Unrestricted Funds 8	Restricted Funds 8	Total 2023 E	Unrestricted Funds 5	Restricted Funds f	Total 2022 f
Income from:
Donations snd legacies		3	32		32	697		697
Charitable activities		4	461,461	836,654	1,298,115	457,032	769,421	1,226,453
Generated funds
Investments			53		53	102		102
Other			733		733
Total Income			462,279	836,654	1,298,934	457,831	769,421	1,227,252
Expenditure on:
Raising funds
Charitable activities		6	464,382	771,105	1,235,487	444,181	733,746	1,177,927
Total expenditure			464,382	771,105	1,235,487	444,181	733,746	1,177,927
Net income/(expenditure)			13,650	65,550	63,446	13,650	35,675	49,325
before transfers
Transfers between	funds	13	24,649	(24,649)		35,484	(35,484)
Net movement in	funds		22,545	40,901	63,446	49,134	191	49,325
Reconciliation of	funds:
Total funds b/f
		13	584,219	38,834	623,053	535,085	38,643	573,728
Total funds c/f			606,764	79,735	686,499	584,219	38,834	623,053

BALANCE SHEET	BALANCE SHEET	BALANCE SHEET				Charity number:	Charity number:	1150796
As at 31 March	2023					Company	number:	6261002
				Notes	2023 K			2022 f
Fixed assets
Tangible assets				10
Current assets
Work in progress
Debtors					51,072		10,624
Cash at bank and in		hand			769,516		678,622
					820,588		689,246
Liabilities
Creditors: amounts	falling due
within one year				12	(134,089)		(66,193)
Nst current assets						686,499		623,053
Creditors, amounts		falling	due
after more than one	year
Provision for liabilities
Total net assets						686,499		623,053
Funds ofthe charity
Unrestricted funds - general				13		513,341		490,796
Designated funds						93,423		93,423
Restricted funds				13		79,735		38,834
Total charity funds						686,499		623,053

					Notes	2023f	2022f
Cash flows from operating activities:
Nst cash provided by operating	activities					90,842	46,794
Cash flows from investing activities:
Interest income						53	102
Purchase oftangible fixed assets
Net cash provided by investing	activities					53	102
Increase / (decrease) in cash and cash equivalents				in the	reporting	90,894	46,896
period
Cash and cash equivalents at the	beginning	ofthe		reporting	period	678,622	631,726
Cash and cash equivalents at the end ofthe reporgng					period	769,516	678,622
Reconciliation ofcash flows from operating			activities
						2023	2022
							6
Net (expenditure)/ income for the	reporting	period				63,446	49,325
Add: Depreciation charge						0	456
Less; Interest Income						(53)	(102)
Decrease/(increase) in debtors						(40,448)	24,010
Increase /(decrease) in creditors						67,896	(26,895)
Net cash provided by operating	activities					90,842	46,794
Analysis ofnet debt
					At 1 April 2022	Cash flows	31 March	2021
					6	6		6
Cash at bank and in hand					678 622	90,894	769,516
					678,622	90894	769516

3 Donations and legacies	3 Donations and legacies	3 Donations and legacies
				Unrestricted E	Restricted E	Total 2023E	Unrestncled E	Restncted E	Total 2022
									E
Donahons end gifts				32		32	697		897
4 Income from charitable			activities
Gant and contract income				Unrestricted	Restricted 5	Total 2023E	Unrestricted 5	Restricted	Total 2022
Receivable for charitable	acilvities			E				E	E
General Advice:
Cennock Chase Council				153,666		163,666	161,206		151,206
Stafford Borough Council				60,000	30,063	90,053			60,DUD
South Staffordshire Dislnct	Council			43,000		43,000	43,000		43,000
Hsdnesford Tovm Counal				1,000		1,DOD	6,000		5,000
Womboume Parish Counol							4,915		4,915
Legal Akl Agency							4,816		4,816
Cffizens Advice - other				12,959		12,959	4,306		4,306
Henry Smith Chanly					58,700	58,700		29,400	29,400
South Staffs Healthcam Trust							9,756		9,756
Building Better Opportunities								5,5D3	5,503
Citizens Adwce Staffs NoAh	8, Stoke (VG)			112,636		112,636	112,636		112,636
Fuel Bank				40,617		40,617	47,415		47,415
Western Power Distribution				5,605		5,805	5,605		5,605
Midlands Partnership NHS Trust				22,500	6D,OOO	82,500
Chailyworks lockstart				15,083		16,063
				461,461	148,763	610,213	448,666	34,903	483,668
Debt Advice:
CUizens Advice - Money Advice					146,671	146,671		175,618	176,818
Benefits Advice:
Clgzens Advice —Help to Claim					191,366	191,366		165,603	166,603
Pensions Guidance 8, Financial
Cspabffity:
Citizens Advice —Pension Wise					316,969	316,969		379,435	379,435
Citizens Advice —Energy Best Deal					27,571	27,671		10,760	10,750
						344,64D		390,186	390,185
0 thor							8,377		8,377
Trust Fund Payments					5,336	5,336		3,112	3,112
Total income from charitable		acUvltles		461,46'I	836,664	1,298,116	467,032	769,421	1,226,463

6 Investment	Income
				Unrestricted	Restricted r.	Total 2023	Unrestricted	Reslncted	Total 2022
				E		E	E	E	E
Interest received				53		53	102		102
6 Expenditure	on charitable		acBvltles
Charitable Activity				Unreslrlctod 5	Restricted 6	Total 2023E	Unrestricted 6	Restrided 5	Total 2022
									E
Saleries, Employers	National			350,454	512,695	883,419	329,848	499,706	829,554
Insurance &Pension	costs
Staff &volunteer costs				6,169	3,303	9,462	3,911	910	4,821
Office costs				25,238	37,199	62,438	30,311	34,980	65,301
Premises costs				25,517	42,060	67,577	31,995	50,240	82,235
Governance & Legal	costs			11,252	12,590	23,843	3399	3,019	6,349
Other costs				5,145	7,243	12,388	1,767	4,432	6,199
subcontractor payments				40,617	155,744	196,361	43,050	140,419	183,469
Total Expenditure	on	charitable		464,382	771,105	1,235,487	444,181	733,746	1,177,927
scfivltles

8 Emp	loyees
		2023	2022
		Full Time Equivalent
The average number ofemployees:
Permanent	staff	43	44
Volunteers		39	21
		2023 f	2022 8
Employment costs
Wages end	salaries	787,245	759,288
Social security costs		60,414	55,158
Other pension coals		15,760	15,108
		863,419	829,554

10	Fixed Assets	Equipment		Computer	Furniture tt	Property	Total
					Fittings
	Cost
	At 31 March 2022		6,756	15,213	8,549	4,525	35,043
	Addlgons
	At 31 March 2023		6,756	15,213	8,549	4,525	35,043
	Depreciation
	Al 31 March 2022		6,756	15,213	8,549	4,525	35,043
	Charge for the year
	At 31 March 2023		6,756	15,213	8,549	4,525	35,043
	Net book value
	At 31 March 2023
	At 31 March 2022
11	Debtors				2023		2022
					6		6
	Accrued income I Other debtors				49,392		10,599
	Prepayments				1,880		25
					51,072		10,624
12	Creditors: amounts	falling due within	one year		2023		2022
					8		6
	Tsxabon and sooel	security costs			16,859		11,228
	Other creditors				106,316		38,449
	Accruels				7,207		13,932
	Net Pay						12
	Pension creditor				3,707		2,572
					134,089		66,193

13 Net Movem	ent In funds	—current year
		Balance at	Net	Net	Transfers	Balance at
		31 March	Income	Expenditure	between	31 March
		2022 6			fundsf	2023
Unrestricted funds
General Funds		490,796		(2,104)	24,649	513,341
Designated Funds:
Buildings maintenance		51,667				51,667
Staff protection		41,756				41,756
Total Designated	Funds	93,423				93,423
Total Unrestricted	Funds	584,219		(2,104)	24,649	606,764
Restricted funds
Energy Advice				(2,540)	2,540
CitA —Help to Claim
Henry Smith		37,205	13,960			51,165
MASDAP			27,189		(27,189)
MPFT Financial Wellbeing			10,626			10,626
CitA —Pensionwise
SBCDebt Project			14,212			14,212
Trust Funds		1,629	2,103			3,732
Total Restricted funds		38,834	68,090	(2,540)	(24,649)	79,735

13 Net Movem	ent in funds —pre	vious year
		Balance at	Net	Net	Transfers	Balance at
		31 March	Income	Expenditure	between	31 March
		2021f			fundsf	2022f
Unrestricted funds
General Funds		441,662	41,205	(27,555)	35,484	490,796
Designated Funds:
Buildings maintenance		51,667				51,667
Staff protection		41,756				41,756
Total Designated	Funds	93,423				93,423
Total Unrestricted	Funds	535,085	41,205	(27,555)	35,484	584,219
Restricted funds
MAS			36,859		(36,859)
CitA —PensionWise
BBO				(72)	72
CitA —Energy Big Difference/EBDX				(1,303)	1,303
Henty Smith		37,383		(178)		37,205
CitA- Help to Claim
Trust Funds		1,260	369			1,629
Total Restricted funds		38,643	37,228	(1,553)	(35,484)	38,834

14	Analysis of net assets	between (unde
		Unrestricted f	Restricted 6	Doslgnated r.	Total 2023 8	Unrestricted 6	Restncted 5	Designated 6	Total 2022 8
Fund	balances ai 31 March
2023	ers represented by.
Rxsd	assets
Net current assets		513,341	79,735	93,423	686,499	490,796	38,834	93,423	823,053
Total		513,341	79,735	93,423	686,499	490,796	38,834	93,423	623,053

31 March 2023, the company had commitme	nts under non-cancellable	operating le
	2023f	2022f
Within one year	27,972	25,631
Between two and five years	51,132	35,183
After give years	11,000	17,500
	90,104	78,314

					2023	2022
					f	f
Financial	Assets
Financial	assets measured		at amortised	cost	49,392	10,599
Financial	Liabilities
Financial	liabilities	measured	at amortised	cost	117,233	54 965