| Page | |||
|---|---|---|---|
| Report ofthe | Trustees | ||
| Independent | Auditors' | Report | |
| Statement of | Financial | Activities | |
| Balance Sheet | |||
| Statement of | Cash Flows | ||
| Notes to the | Financial | Statements | 17 |
| Year | ||||||
|---|---|---|---|---|---|---|
| ended | ||||||
| 31March | ||||||
| Year ended 32 March | 2023 | 2022 | ||||
| Notes | Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | |||
| E | E | E | E | |||
| Income from: | ||||||
| Charitable activities |
7,130 | 1,336,493 | 1,343,623 | 1,176,070 | ||
| Investment income |
1,619 | 1,619 | 31 | |||
| Other | 2,500 | 2,500 | 2,750 | |||
| Total income | 11,249 | 1,336,493 | 1,347,742 | 1,178,851 | ||
| Expenditure on: |
||||||
| Charitable activities |
10,180 | 1,274,224 | 1,284,404 | 1,173,898 | ||
| Total expenditure | 10,180 | 1,274,224 | 1,284,404 | 1,173,898 | ||
| Net income / (expenditure) | 1,069 | 62,269 | 63,338 | 4,953 | ||
| Transfers between | funds | 44,900 | (44,900) | |||
| Net movement in |
funds | 45,969 | 17,369 | 63,338 | 4,953 | |
| Reconciliation of | funds | |||||
| Total funds brought | forward | 70,644 | 10,221 | 80,865 | 75,912 | |
| Total funds carried forward | 116,613 | 27,590 | 144,203 | 80,865 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | ||
| f. | f. | E | E | ||
| Fixed assets | |||||
| Tangible assets | 10 | 114 | |||
| 114 | |||||
| Current assets | |||||
| Debtors | 11 | 194,427 | 194,427 | 100,851 | |
| Cash at bank and in hand | 262,609 | 27,590 | 290,199 | 240,612 | |
| 457,036 | 27,590 | 484,626 | 341,463 | ||
| Liabilities | |||||
| Amounts falling due within one year |
12 | (340,423) | (340,423) | (260,712) | |
| Net current assets | 116,613 | 27,590 | 144,203 | 80,751 | |
| Total assets less current liabilities | 116,613 | 27,590 | 144,203 | 80,865 | |
| Net assets | 116,613 | 27,590 | 144,203 | 80,865 | |
| Funds ofthe Charity: | 13 | ||||
| Unrestdlcted funds: |
|||||
| General funds | 71,612 | 25,643 | |||
| Designated funds |
45,001 | 45,001 | |||
| Restricted funds | 27,590 | 10,221 | |||
| Totalcharityfunds | 144,203 | 80,865 |
| Notes | 2023 | 2022 | ||
|---|---|---|---|---|
| Cash flows from operating | activities | |||
| Net movement in funds |
63,338 | 4,953 | ||
| Adjustment tocash flows from non-cash items |
||||
| Depreciation | 114 | 198 | ||
| Investment Income |
(1,619) | (31) | ||
| 61,833 | 5I120 | |||
| Working capital adjustments | ||||
| Decrease/(increase) in debtors (Decrease)/increase in creditors |
10 11 |
(93,576) 79,711 |
(5,288) 108,762 |
|
| Net cash flows from operating | activities | 47,968 | 108,594 | |
| Cash flows from investing | activities | |||
| Interest receivable and similar |
income | 1,619 | 31 | |
| Purchase oftangible fixed assets |
||||
| Net cash flows from investing | activities | 1,619 | 31 | |
| Cash flows from financing | activities | |||
| Repayment of borrowing |
||||
| Net cash flows from financing | activities | |||
| Net increase in cash and cash equivalents | 49,587 | 108,625 | ||
| Cash and cash equivalents | at 1April | 240,612 | 131,987 | |
| Cash and cash equivalents | at31March | 290,199 | 240,612 | |
| Cash and cash equivalents | consists of: | |||
| Cash at bank and in hand | 290,199 | 240,612 | ||
| Cash and cash equivalents at 31March |
290,199 | 240,612 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| British Gas Energy Trust | 69,417 | ||||
| Citizens Advice —Big Energy | Savings Network |
12,976 | 15,137 | ||
| Energy Saving Trust- Energy | Redress Covid-19 Crisis | Fund | 23,606 | ||
| Energy Saving Trust- Energy | Redress Scheme Voucher Fund | 122,967 | |||
| Energy Saving Trust —Warm | Start Essex | 160,421 | 122,052 | ||
| Essex Community Foundation |
10,125 | 14,167 | |||
| Essex Community Foundation |
—Training | 4,630 | |||
| Essex County Coundl —Contain Outbreak | Management | fund | 105,100 | 536,617 | |
| Essex County Coundl —Cost | Of Living | 67,504 | |||
| Essex County Coundl —Household Support |
Fund | 225,067 | |||
| Essex County Coundl —SLA | 130,976 | 122,000 | |||
| Essex County Coundl —Warm | Homes | 290,609 | 297,112 | ||
| GP Primary Choice —Training |
2,500 | ||||
| Macmillan Welfare Benefits Essex |
141,329 | ||||
| Saffron Building Society- Debt Awareness | Training | 5,200 | |||
| Universal Credit Best Practice |
Lead | 39,979 | |||
| 1,343,623 | 1,176,070 |
| 3. | The income from charitable acbvities was E1,343, restricted (2022:E1,170,670). INVESTMENT INCOME |
623 (2022: E1,176,070) of which K1, |
336,493 w |
|---|---|---|---|
| 2023 | 2022 | ||
| E | E | ||
| Bank interest received | 1,619 | 31 | |
| 1,619 | 31 | ||
| 4. | OTHER INCOME | ||
| 2023 | 2022 | ||
| E | E | ||
| Income from members | 2,500 | 2,750 | |
| 2,500 | 2,750 |
| 5. | CHARITABLE ACTIVI | CHARITABLE ACTIVI | TIES | ||
|---|---|---|---|---|---|
| Provision ofservices | 2023I | 2022 | |||
| Provision of SLA | 130,978 | 122,000 | |||
| Partner costs | 1,031,274 | 898,239 | |||
| Staff and training | costs | 76,638 | 113,785 | ||
| 1,238,890 | 1,134,024 | ||||
| Support costs (see note | 6) | 39,418 | 37,480 | ||
| Governance costs |
(see | note 6) | 6,096 | 2,394 | |
| 1,284,404 | 1,173,898 | ||||
| Analysis by fund |
|||||
| Unrestricted | 10,180 | 3,028 | |||
| Restricted | 1,274,224 | 1,170,870 | |||
| 1,284,404 | 1,173,898 | ||||
| 6. | SUPPORT k GOVERNANCE COSTS | ||||
| Support costs | 2023 | 2022 | |||
| E | E | ||||
| Outsourced support |
19,644 | 13,292 | |||
| Staff and training | costs | 16,205 | 15,811 | ||
| Recruitment costs |
488 | ||||
| Office costs | 1,530 | 3,265 | |||
| Other costs | 2,039 | 4,624 | |||
| 39,418 | 37,480 | ||||
| Governance costs | 2{i23 | 2022 | |||
| 6 | |||||
| Audit and accountancy | fees | 6,096 | 2,394 | ||
| 6,096 | 2,394 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| E | 6 | |||||
| Wages and | salaries | 85,883 | 114,683 | |||
| Employers | National | Insurance | 4,266 | 5,185 | ||
| Pension costs | 2,878 | 2,985 | ||||
| 93,027 | 122,853 | |||||
| The average | monthly | number ofemployees | during the year was as follows: | |||
| 2023 | 2022 | |||||
| Charitable | purposes | 3 | 4 |
| 10.FIXEDASSETS | ||||
|---|---|---|---|---|
| Computer | ||||
| Equipment | Total | |||
| E | E | |||
| Cost | ||||
| As at 1April 2022 | ||||
| Additions | ||||
| As at 31 March 2023 | 984 | |||
| Depreciation | ||||
| As at 1April 2022 | 870 | 870 | ||
| Charge for the year | 114 | 114 | ||
| As at 31March 2023 | 984 | 984 | ||
| Net book value | ||||
| As at 31 March 2023 | ||||
| As at 31 March 2022 | 114 | 114 | ||
| 11.DEBTORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| E | ||||
| Prepayments and accrued |
income | 194,427 | 100,851 | |
| 194,427 | 100,851 | |||
| 12.CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| E | E | |||
| Trade creditors | 184 | 413 | ||
| Taxation and social security | 2,828 | 2,531 | ||
| Accruals and deferred | income | 337,411 | 257,768 | |
| 340,423 | 260,712 |
| YEAR ENDED 31 | MARCH 2023 | |||||
|---|---|---|---|---|---|---|
| At 1April |
Incoming resources |
Outgoing resourrxw |
Transfers between |
At 31March |
||
| 2022 E |
funds E |
2023I | ||||
| UNRESTRICTED | FUNDS | |||||
| General fund |
25,643 | 11,249 | (10,180) | 44,900 | 71,612 | |
| Designated fund |
45,001 | 45,001 | ||||
| 70,644 | 11,249 | (10,180) | 44,900 | 116,613 | ||
| RESTRICTED FUNDS | ||||||
| British Gas Energy | Trust | 69,417 | (41,827) | 27,590 | ||
| Gtizens Advice —Big Energy |
||||||
| Saving Network |
12,976 | (12,976) | ||||
| Energy Saving Trust —Energy | ||||||
| Redress Scheme |
Voucher | |||||
| Fund | 122,967 | (112,754) | (10,213) | |||
| Energy Saving Trust —Warm |
||||||
| Start Essex | 160,421 | (154,351) | (6,070) | |||
| Essex Community | Foundation | 5,521 | 10,125 | (41,186) | 25,540 | |
| Essex County |
Council | |||||
| Contain | Outbreak | |||||
| Management Fund |
105,100 | (105,100) | ||||
| Essex County Council —Cost |
||||||
| Of Living | 67,504 | (61,170) | (6,334) | |||
| Essex County |
Council | |||||
| Household Support |
Fund | 225,067 | (213,443) | (11,624) | ||
| Essex County Council —SLA |
130,978 | (130,978) | ||||
| Essex County Council —Warm |
||||||
| Homes | 290,609 | (273,203) | (17,406) | |||
| Macmillan Welfare |
Benefits | |||||
| Essex | 141,329 | (145,407) | 4,078 | |||
| Universal Services |
Best | |||||
| Practice Lead | 5,195 | (5,195) | ||||
| Universal Credit Best Practice |
||||||
| Lead | 4,700 | (4,700) | ||||
| 10,221 | 1,336,493 | (1,274,224) | (44,900) | 27,590 | ||
| TOTAL FUNDS | 80,865 | 1,347,742 | (1,284,404) | 144,203 |
| YEAR ENDED 3 | 1MARCH 2022 | |||||
|---|---|---|---|---|---|---|
| At 1April |
Incoming resources |
Outgoing resources |
Transfers between |
At 31March |
||
| 2021 | funds | 2022 | ||||
| E | E | |||||
| UNRESTRICTED | FUNDS | |||||
| General fund | 20,690 | 7,981 | (3,028) | 25,643 | ||
| Designated fund |
45,001 | 45,001 | ||||
| 65,691 | 7,981 | (3,028) | 70,644 | |||
| RESTRICTED FUNDS | ||||||
| Citizens Advice —Big Energy |
||||||
| Saving Nebvork |
15,137 | (15,137) | ||||
| Essex County Council —SLA |
122,000 | (122,000) | ||||
| Essex County Council —Warm |
||||||
| Homes | 297,112 | (297,112) | ||||
| Essex County |
Council | |||||
| Contain | Outbreak | |||||
| Management Fund |
536,817 | (536,817) | ||||
| Energy Saving Trust —Energy | ||||||
| Redress Covid-19 | Crisis Fund | 23,606 | (23,606) | |||
| Energy Saving Trust —Warm |
||||||
| Stalt Essex | 122,052 | (122,052) | ||||
| Essex Community | Foundation | 5,521 | 14,167 | (14,167) | 5,521 | |
| Universal Credit Best Practice |
||||||
| Lead | 4,700 | 39,979 | (39,979) | 4,700 | ||
| 10,221 | 1,170,870 | (1,170,870) | 10,221 | |||
| TOTAL FUNDS | 75,912 | 1,178,851 | (1,173,898) | 80,865 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| E | E | E | ||
| Income from: | ||||
| Charitable activities |
5,200 | 1,170,870 | 1,176,070 | |
| Investment income |
31 | 31 | ||
| Other | 2,750 | 2,750 | ||
| Total income | 7,981 | 1,170,870 | 1,178,851 | |
| Expenditure on: |
||||
| Charitable activities |
3,028 | 1,170,870 | 1,173,898 | |
| Total expenditure | 3,028 | 1,170,870 | 1,173,898 | |
| Net income / (expenditure) | 4,953 | 4,953 | ||
| Transfers between |
funds | |||
| Net movement in |
funds | 4,953 | 4,953 | |
| Reconciliation of | funds | |||
| Total funds brought | forward | 65,691 | 10,221 | 75,912 |
| Total funds carried forward | 70,644 | 10,221 | 80,865 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| INCOMING RESOURCES |
E | E | ||
| Incoming resources |
from charitable | |||
| activities | ||||
| General Advisory Services |
1,343,623 | 1,176,070 | ||
| Income from members | 2,500 | 2,750 | ||
| Total incoming resources |
1,346,123 | 1,178,820 | ||
| RESOURCES EXPENDED | ||||
| Charitable activities |
||||
| Provision ofSIA | 130,978 | 122,000 | ||
| Partner costs | 1,031,274 | 898,239 | ||
| Computer costs | 117 | 2,002 | ||
| Telephone | 21 | 571 | ||
| Recruitment advertising |
488 | |||
| Staff training | (184) | 6,743 | ||
| Insurance | 764 | 693 | ||
| Legal and professional | 1,278 | 35 | ||
| Bookkeeping and payroll |
processing fees | 2,930 | 2,443 | |
| Publicity and promotion | 1,259 | 667 | ||
| ONce costs | 628 | |||
| Sundry expenses | (3,730) | 999 | ||
| Subscriptions | 85 | 176 | ||
| Depreciation | 114 | 198 | ||
| Bank charges | 103 | 105 | ||
| Outsourced support |
19,644 | 13,292 | ||
| Wages and salaries | 85,883 | 114,683 | ||
| Employer's Nations'I Insurance |
4,266 | 5,185 | ||
| Pension costs | 2,878 | 2,985 | ||
| 1278308 | 1171504 | |||
| Governance aosts | ||||
| Audit and accountancy | fees | 6,096 | 2,394 | |
| 6,096 | 2I394 | |||
| Total resouraes expended | 1,284,404 | 1,173,898 | ||
| Bank interest received | 1,619 | 31 | ||
| Net (expenditure)/income | 63,338 | 4,953 |