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|||Page||
|---|---|---|---|
|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|
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|Management|team|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)||
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|||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|
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|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|
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||||||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||
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|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||
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|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|
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|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||||||||||
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|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|
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|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|
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|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|
##
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|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|
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|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|
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|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|
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