Charty registr¥llon number 1163512
ST ANNS ADVICE GROUP
ANNUAL REPORT AND FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

ST ANNS ADVICE GROUP
LEGAL AND ADMINISTRATIVE INFORMATION
Tru$t*•s
Mr R Bird
Rèv A Giles
Mr G Everrtt
Ms F Abiodun Sowunmi
Charity numbar
1163512
Principal addres¥
Chase Neighbourhood Centre
Robin Hood Chase
St Anns
Nottingham
NG3 4EZ
Audltor
HSKSG Audit Limited
3rd Floor
Butt Dyke House
33 Park Row
Nollingham
NG1 SEE
8ank8rs
Unity Trust Bank PLC
4 Brindley Place
Birmingham
B1 2JB

ST ANNS ADVICE GROUP
CONTENTS
Pag•
Trustees, report
Statement of trustees, responsibilities
Independent audilorfs report
Statement ol financial activities
Balance sheet
10
Slalemenl of cash flows
11
Notes lo th& financial statements
12.24

ST ANNS ADVICE GROUP
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees p￿sent their annual report and financial stalemonls for the year ended 31 March 2024.
The finanryal statements have been prepared in accoidance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document. the Charities Act 2011 and "Accounting and
Reporting by Chanties.. Slalement of Recommended Practice applicable lo charities preparing their accounts in
accordanTr with tho Financi81 Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191.
Objectlves and a¢tivitles
Thè centre's objectives and principal activities are to promote any charitable purpose lor the benefit of the
inhabitants of Sl Ann's, Nottingham City and surroLJnding areas. in particular through the provision of an advice and
inforrnalion service for persons who are in need of such Servi￿$. The aim is to provide a high qualty, easily
accessible service in the areas of welfare benefits, debt, housing, employment and generalist advice. We also offer
representation 8t DWP appeals and ernp5oyment tribuna15 and more generally support and help service usèrs to
understand cornplex forms and regulations.
We review our aims, objectives and activities each year. The review looks at ihe success of each key activity and
the benefits they have brought. The review alsts helps u5 ensure our objectives and adivities remain focused on our
stsled purpose5.
Public ben8fil
We confirm that St Anns Advice Group meets the definition of a public benefrt entity. Wè have referred to the
guidance contained within the Charity Commission'5 guidance on public benefit when reviewing our aims and
objèctives and in planning our future activities, in particular, the tru51ees consider how planned activitiès will
conliibute to the aims and objectives they have sel.
Achievements and perfomiance
Signific8nl activities aftjd achievgmgnls against objeGb"v&s
Thi5 period the Advicè Group continued to provide advice on debt and benefits resulting in 4446 lull cases,
managed over £1.5 rnillion pounds worth of debts and made total gains for local people of just over £3.5 million
pounds.
These figures refled a cornrnitted staff team that have provided support and advice throughout 2023124. W8
continu8 lo run several projects with the core servi¢e of welfare benefits and debt advice.
We have a 501id reputation as deliverer5 and influenceis. We are based at the Neighbourhood Centre in St Anns
and approx. 500/0 of our clients are frorn this area. Howevei. we do outreach in parts of a￿a six and across the city.
Our Money Debt Advice and the British Gas Ellergy Trust proje¢t can work with people acros5 the East Midl8rnds.
However other projects have a light geographical ¢riterion.
Referrals lo the centre are regularly received from the Nottingham City Council Housing, Nottingham City Council.
housing associations, health workers. Ioc81 councillors. and GP surgeries.
As in previous years. most enquiries received 2023124 were about Oepartment of Work and Pensions welfare
benefits, Universal Credit and priority and non-priority debts. Other area5 in which people were assisted include
housing, homelessness. multiple debt advice. bailiff5, health, employment, water, and fuel. An ever-increasing
number of clients who com8 to the advice centre have priority debt pioblems and face crisis due to the excessive
cost of energy.
We alsD distributed the household support fund held by the rity council, by providing supermarket vouchers. and
have taken applications for energy vouchers frorn iesidents.
We were Suc￿sSfUl in gaining additional ILsnding to support clients with energy vouchèrs if they were slrug91ing to
pul money on their pre-payment meters.

ST ANNSADVICE GROUP
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
O¢bt advice service and the Money Advi¢• Setvice
The Money Advice SeNice, The Renewal Trust and Nottingham City Homes fund our debt work. The projects
reduce the levèl of rent and council tax arrèars and other priority non-priority debts wilttin the cty.
We have as51sled clients with budget plans and incorne maxirnisalion including 8pplications for housing benefit.
discretionary housing payments. lax credits. and personal Independent payments. The team apply to various trust
fund5 and small charities for funds lo assist clients with es5eNlial furniture and white goods.
Appoals
The centre continues to represent people al various appeal tribunals for Pèrsonal Iridependenl Payments. disability
living allowance, erfiployment support allowancè and industrial injuries benefit. Where we were successful in these
appeals Clients received baek payrnenls of benefit or eompensalion. In addition. many of these clients will have also
gained increases in their weekly benefit entitlement.
Sneinton and general advice work
We have resumed our outreach sessions in Sneinlon. Most of this work 15 funded through the Nottingham City
Council contract that was awarded lo the Advice Nottingham consortium with the Citizens Advice Nottinghamshire
bureau as the lead organi5alion. This contract was extended through a grant-based payment lor 2023124.
St Ann's and Sneinton food and furniture store
Our independent food and furniture store was opened in De￿fftber 2012 and has continued to f8ed vulnerable
people who are experiencing hardship typifjally having no income. We have c105ed the furniture pioject and are
using the extra Space to sloie food. We provided 25 Christmas hampers for clien15. who werè on the food bank
book5. With fresh food 8nd presents for farnily members.
Bulldlng better opportunitio$ IBBOI
Money sorted in D2N2 was part of the Building Better Opportunits'es programme. The project was
funded by the European Social Fund and The National Lottery Community Fund. We were part ol the 'Peoples First
Alliance. with Frarnewoik Idelivered on Opportunity and Changel and Groundwork (delivered on Towards Workl. A
secured extension funded this project until June 2023 with actual delivery ending at the end of March 2023.
Money sorted in Derby crty, Derbyshire, Nottingham city and Nottinghamshire ID2N21, was about excluded people.
11 offefed a six rnonlhs programme of person-cèntred support and a rangè of bespoke interventions de55gned lo
enable pèople experiencing financial crisis and financial hardship to take control, build confi¢Jence. tacklè their
problems and move out of ptsverty and exclusion.
Personal financial resilience plans developed be￿een participan15 and our personal navigators pul people in
control. They identify and tackle obstacles and challenge5 to engagement and achievement. Thèy focus on goals,
aspirations, and arnbrtions, enabling participants to progress along a pathway to finanaal inclusion and paid
employment.
The partnership brought logether large and small local providers with a wide range of expertise an($ experience of
working with diverse and vulnerable communities across D2N2. It re8¢hèd individuals. families and C￿lMunitieS
stretching across these rnajor city cenlres, larger towns. rural towns. and villages with the D2N2 area. The
money sorted partnership in 02N2 also include5 the four leading local authorities as key strategic delivery partnars.
Fugl èfficiency and dobt project
We ¢ontinue lo run the Fuel eifieiency and debt project funded by the British Gas Energy Trust. Advisors can
provide a holistic sèNice to clients providing advice on maximising incomes and reducing debts as well as
managing or writing off energy debt and support thern with energy eKiciency savings in the home. We sub-conlracl
three part lime posts lo Besfv400d Advice Cenlre. Meadows Advice Centre and Notlingttam Law Centre in order to
cover both north. centre and south of the city. We have funding lo issue energy vouchers lo those citizens that afe
struggling to heat their homes.

ST ANNS ADVICE GROUP
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Family MentQrin9 Service
Framework Hou51ng Assoaation ¢ontinue to fund a dedicated welfare benefrts advisor that SUPPOrts the families
they engage with.
Independent Agè
Fund a dedicated 8dvisor lo work with the older community and encour898 benefit take up. This funding ended
De¢ember 2023.
Nottingham City East PCN
Fund an advice wtsrker to work alongside their Stscial Pre5wibers in ATe8 3 & 6.
Well for Work
Funded through FUTURES we can providè one lo one support and advice for those clien15 who want htrlp to move
closer to the laboLJr market. This project ended December 2023
Financial rèvlew
With limited reserves and medium lo long term funding a￿ayS a challenge to obtain, il ¢ontinues lo be difficult to
plan and develop services. Total income for the year was £1,120.22012023'. £1,778.8031 and total expenditure was
£1,101.939 12023.. £1,673.8431 resulting in a surplu5 ft>r the year of £18,281. This is compared to a surplus of
£104.960 in the prtrvious year. Al the year end. the funds of the charity were £337.fj01 which is represented by
£28.183, of reslricled ILJnds and £309,418 of unrestricted funds.
ReseThes polioy
Reserves policy
The Trustees have established a policy whereby the unrèstricted funds not committed or invested in tangible fixed
assets I'the free feserves'l held by the ch8rity should be two rnonlhs of the lolal resoUr￿S expended1£186.156
based on these financial staternentsl. At this level. the board feel that they would be 8ble to continue the current
acliviliès of the charity In the event of a si9nificanl drop in incotne. At present there are free reserve5 of £303,985.
Structure, governance and management
The charity is a Charitable In¢orporated Organisation, registered in England & Wales.
The trustees who seFved during the year and up to the date of signature ol the financial slalements were..
Mr R Bird
Ms S Jones
MrT Fame
Ms J Orury
Rev A Gilès
Ms M Lindsay
Mr G Everitt
Ms F Abiodun Sowunmi
(Resigned 1 August 20241
(Resigned 1 August 20241
(Resigned 1 August 20241
(Resigned 1 Augus120241
Recwitmènt and appointment of InJsle&s
The trustees are 5UPPOrted by a managernent cornrnittee. The Iruslees and members of the management
comffiittèe are elected to serve for a period of three year5 after which they must be re-elected at the next annual
general meèting.
The tfUStee5 and management committee represent a broad base of skills and experience, and this is continually
monitored. Wheie possible. Individuals with specific skills are approached lo offgr themselves for election as
trustees or to the managernent committee.

ST ANNS ADVICE GROUP
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Organisalionèl stmclu
Manag¢ment Committ¢•
Ms Coleen Franci5
Key Management Team
Ms Debbie Webstér
Sally Marshall
Manager
Supervisor
Induction and lfftining ollmstees
Most trustees and tnanagemenl committee members are familiar with the work of the centre through previous
contact with and experience. New trustees and rnan8gement commrttee members are givtsn an indu¢tion to the
centre by the rnanager. Thi5 includes the following".
Obligations of Iru5tees and management committee Members
. All doeumen15 Critical to the strategic and operational management of the centre
Full briefing of the resourcing and current financial position as set out in the current a¢counts and the late51
quarterly financial inforrnalion
Future plans and objectives
EneDuragemenl lo attend relevant training
The Irustees. report was approved by the Board of Trustees.
Mr R Bird
Trustee
081e'

ST ANNSADVICE GROUP
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees are responsible for preparing the Trustee5' Report and the financial stalernenls in accordan￿ with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Praclicel.
The law appli¢able to charrtiès in England and Wales requires the Iru51ees lo prepa￿ financi81 statements for each
financial year which give a true and fair view of the stale of affairs ol the charity and of the incoming resources and
application ol resources of the charity lor that year.
In preparing these financial statemeri15, the trustees are required lo..
select suitable accounting poli¢iès and then apply them consistently.,
observe the method5 and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
stale whether applicable accounting standards have been followgd, subject lo any rnalerial departures disclosed
and explained in the finan¢ial statements", and
prepare the financial staternenls on the going Concern basis unless it is inappropriate to presuma that the charity
will continue in operation.
The trustees ara responsiblè lor keeping sufficient accounting records that disd05e with reasonable a¢¢uracy al any
time the financial position of the charity and enable them to ensure that the financial statements coTnply with the
Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of thè trust deed. They
are also responsible for safeguarding the a55ets of the charity and hence lor taking reasonable step5 for the
prevention and detection ol fraud and other irregulari119S.

ST ANNS ADVICE GROUP
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF ST ANNS ADVICE GROUP
Opinion
We havè audited the fin8ncial statements of St Anns Advice Group Ilhe 'charity'l for the year ended 31 March 2024
which comprise the statement of finallcial activities, the balance Sheet. the slalemenl ol cash flows and notes to the
financial statements. including significant accounting policies. The financial reporting framework that has been
appliéd in their preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 The Fin8nGial Repottirtg Standanl applicable in the UK and Republic of Ir&land Iunilèd
Kingdom Generally Acceptgd Accounting Practice).
In ovr opinion, the financial slalernents..
give a true and fair view of thè state of the charity'5 affairs as al 31 March 2024 and of ils in¢oming resources
and application of resources. for the year thèn ended..
have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Practi￿.,
8nd
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We condu¢t6d our audit in accordance with International Standards on Auditing IUIQ IISAS IUIQI and applicable
law. Our responsibilities under those standards are further described In the Auditorfs tssponsibililies for tlje audit ol
Ihfj financial stal&m8nts section ol our report. We are indepèndent of the charity in 8ccordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going ¢onc•rn
In auditing the financial slalemenls, we h8ve concluded that the Iruslees, use of the going COn￿M basis of
accounting in the preparation ol the financial 51alements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that. individually or collectively. may cast Significant doubt on the charity s ability to continue as a going
concern for a period of at lea51 twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect lo going concem are described in the
relevant sections of thi5 report.
oth*r Infomiation
The other information comprises the information included in the annual report other than the financial slalèment5
and our auditor's report thereon. The trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statèments does not covei the other inforrnation and we do not express any form
of assuranG8 conclusion Ihereon. Our responsibility is to read the other information and. in doing so. consider
whether the other inforrralion is materially inconsi5t8nt with the financial statements or our knowledge obtained In
the course ol the audit, or otherwise appears to be materially misstated. If we identify such material incon51Stencies
or apparent material misstalemenls. we are required lo determine whether this gives iise to a ma19rial mi5slatemenl
in the finanaal statements themselves. If, basèd on the work we have performed, we conclude that there is a
aterial rnisstatement of this other information, we are required lo report that fact.
We have nothing to report in this regard.
Matters on whlch we arn required to report by èxception
We have nothing lo report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us to report lo you if, in our opinion..
the information given in the financial statements is incon5isl8nl in any material respect with the trustees.
report,. or
sufficient ac¢ounting records have not bèen kept., or
Ihe financial statements aTe not in agreement with the accounting records". or
we have not received all the information and explanation5 we require for our audit.

ST ANNS ADVICE GROUP
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ST ANNS ADVICE GROUP
Responsibilities of trustees
As explained rnore fully in the 5talem8nt of trustees, respon5ibilrties, the Irusleès are responsible for th¢ preparation
of the financial statements and for being satisfied that they give a Iiue and fair view, and lor such inleinal control a5
the tru51Éès deterrnine is necessary to enable the preparation of financial statements that are free from material
misstatement. whether due lo fiaud or error. In p￿parIng IhÉ financial Statements, the trustees are respon5ibl6 for
assessing the charty's ability lo continue as a going concein. disclosing, as applicablè, matters ielated to going
conGern and using the going concern basis of accounting unless the Iru5tees either intend to cease operations. or
have no realistic allem81ive but to do so.
Audltorfs respon$lbilities for the audit of the financial statsm8nts
We have been appointed a5 auditor under se¢lion 144 of thè Charitie5 Act 2011 and report in a¢¢ordance with the
Act and relevant regulations made Of having effect Ihèreunder.
Our objectivès are to obtain reasonable assurance about whether the financial statements a5 a whole are free from
matèrial rnisslalemsnt, whether due to fraud 01 error, and lo issue an auditorfs report that includes our opinion.
Reasonable assurancè is a high level of assurarFce but is not 8 guarantee that an audit conducted In accordancè
with ISAS IUKI will always detect a material misstatement wheri Il exists. Misstatements can arise from fraud or
èrror and arè considered malenal il, individually or in the aggregate, they could reasonably be expected to influence
the economic de¢isic>ns of users tsken on the basis of these Inancial stalemenls.
The extent to which our procedures are capable of de18¢ting irregularities, induding fraud. is detailed b810w.
We ¢onsidered the nature of the charity's business and its control environment. We also enquired of management
about their identification and assessmènt of the risks ol irregulariligs.
We obtained an understanding of the legal and regulatory framework in which the charity operates and identified
key laws and regulations that".
Had a direct effed on the determination of m8lerial amounts and disdosures in the financial 51alemenls, which
included the Charitie5 Act 2011, tax legislation and payroll legislation-, and
Did not have a direct effect on the financial statements but compliance with which may be fundar(Enlal to the
charity's ability lo operate.
We dis¢ussed among the audit engagement team the opportunities and incentives th* may exist within the
organisalion lor fraud and how I where fraud might occur in the financial stalemenls.
In ¢ommon with all audits under ISA'S IUKI, we are also required to perform specific procedures to respond to the
risk of management override. In additrssing the risk of fraud through management override of controls, we te51ed
the appropiialeness of a¢counting adjuslmenls and joumal entrie5, assessed whether accounting estimates were
reasonable and accurate and reviewed the as¢ounling recoids lor any significant and unusual transaction5
In addition, our procedures to respond to the risk5 identified included..
Reviewing financial statement dis¢losures by testing to supporting documentation lo assess compliance with
provi5I0n of relevant laws and regulations described as having a direct effect on the financial statements.,
Performing analytical procedures to idtrntify any unusual or unexpected variances that may indicatè risks of
material misstatement due to fraud.,
Enquiring of management about any instanctss of non-compliance wrth laws and regulations and any instances of
known or suspected fraud.
Because ol the inherent limitations of 8n audil, there Is a risk that we will not dètect all irregularities, including those
leading lo a material misstatement in the financial statements or non-compliance with regulation. This risk increases
the more that compliance with a law or regulation is removed frorn the events and transactions refleoled in the
financial stalerrents, as we will be less likely to become aware of instances of n0￿COmpliancE. The risk is also
greater regarding irregularities oeeurring due lo fraud rather than error. as fraud involves intentional concealment.
forgery, Collusion. omission or rnisrepresentation.

ST ANNS ADVICE GROUP
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ST ANNS ADVICE GROUP
A further description tsf our responsibilities is available on the Financial Reporting CouncAI's website al.. https'.11
www.frc.org.uklauditorsresponsibililies. This description forms part of our audilorfs report.
Use of our report
This report is made solely to the charity's trustee5, as a body, in 8c¢ordance with part 4 01 the Ch8fibes (Accounts
and Reports) Regulation5 2008. Our audit work has been undertaken so that we might siale lo the charitrfs trustees
Ihosa matters we arè required lo state to them in an auditor's report and for no other purpose. To the fullest extent
perrnittÈd by law, we do not accept or assume responsibility to anyone other than the charity and the charity,
trustees as a body, for our audit work. for this report. or for the opinions we have formed.
HSKSG Audlt Limited
22-
Chartered Accountants
ststutory Auditor
3rd Floor
Butt Dyke House
33 Park Row
Nottingham
NG1 8EE

ST ANNS ADVICE GROUP
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrèstricted Rèstricted
funds
funds
2024
2024
Totsl Unrestricted Restricted
fund$
funds
2023
2023
Total
2024
2023
Notes
Income and ondowments from:
Donations and legacies
Charitable adivrties
Other income
52,307
508,402
5,635
57,942
553,860 1,062,262
16
70,929
2,010
72.939
382,446 1,323.118 1,705.564
300
300
Total income
560.725
559.495 1,120.220
453.675 1.325,128 1,778.803
Expenditurè on:
Raising funds
Gharitable aclivilies
Other expenditure
797
515.131
797
1,101,142
2,993
2,993
496.707 1,171.057 1,667,764
3.086
3,086
588.011
13
Totsl expenditur8
515.928
586,011
1.101,939
502.786
1,171,057
1,673,843
Net in¢omèlloxpenditurèl
44,797
126.5161
18,281
149,1111
154.071
104,960
Transfers beiwtten
funds
54.918
154.9181
93,628
193.8281
Net movemant In
funds
10
99.71 S
{81,4341
18,281
44,517
60,443
104.960
Reconciliation of fund$:
Fund balances at 1 April 2023
209,703
109,617
319,320
165,186
49.174
214,360
Fund balance5 at 31 March
2024
309.418
28.183
337,601
209,703
109,617
319,320
The staternent ol financial activities includes all gains and lossès recogni5ed in the year. All incorne and expenditure
derive from Gontinuing activities.

ST ANNSADVICE GROUP
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
15
5,433
13.028
Curront assets
Debtors
Cash al bank and in hand
16
128,111
228,978
77,603
260,689
357,089
338,292
Creditors: amounts falling due withln
one year
17
{24,9211
132,0001
Net current assets
332,168
306,292
Total assets lèss current liabilitles
337,601
319,320
N•t assets èxcluding p•nsion liability
337,601
319,320
Th8 funds ofth• charity
Restricted Income funds
Unrestri¢ted funds
19
28,183
309,418
109.617
209,703
337,601
319,320
The financial statements were approved by the trustèes on
Mr R Bird
Trustsa
10-

ST ANNS ADVICE GROUP
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activitie$
Cash labsorbed byllgenerated from
operation5
23
131,7111
59,200
Investing activities
Pui¢hase of tangible fixed assets
12.6971
Not cash used in Investing activities
12,6971
Net cash u$•d in finan¢ing activitie$
Net Idecrèasellincreasfr in ca¥h and cash
equivalents
131.7111
56.503
Gash and cash equivalents al beginning of year
260,689
204,186
Cash and c4$h èquivalents at end of y¢ar
228,978
260.689

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A¢countlng poli¢i¢$
Charity information
St Anns Advi¢e Group 15 a Charitable Incorporated Organisation registered with the Charity Commission in
England and Wales.
1.1 Accountirtg convention
The financial slaternenls have been prepared in accordance with the charity's governing docurnent, the
Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic ol
Ireland. l FRS 102.1 and the Charitie5 SORP "Accounting and Reporting by Charities.. Statement ol
Recommended Practice applicable to charitiès preparing their accounts in accordance with the Finanrial
Reporting Standard applicable in the UK and Republic ol Ireland IFRS 102}" (offective 1 January 20191. The
charity 15 8 Public Benefit Entity as defined by FRS 102.
The finanaal statements are prepared in sterling, which 15 Ihg functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial 51alemènts have been prepared under the historical cost convention. The principal accounting
poli¢ies adopted a￿ set out below.
1.2 Going concem
At the tirne of approving the financial ststements. the trustees have a reasonable expectation that the charity
has adequate resource5 to ¢ontinue in operational existen￿ for the foreseeable future. Thus the tr￿teeS
Continue to adopt the going concern basis of accounting in preparing the financial slalements.
1.3 Charitable fund$
un￿stricted funds are availablè for use at the discretion of the Iruslees in furtherance of their charitable
objectives.
Reslricled funds arè subject lo specific conditions by donors or grantors as to how they may be used. The
purpostrs and use5 of the restricted funds are set out in ihe notes to the financial statements.
1.4 Income
Income is recogni5ed when the charity is legally entitled lo il after any performance conditions have been rnet.
the 8mounts can be measured reliably, and il is probable that income will be re¢aived.
Cash donations are recognised on re¢eipt. Other donation5 are recognised onc8 the charity has been notified
of the donation, unless performance conditions require deferral of the amotynl. Income lax recoverable in
relation to donations received under Gift Aid or deeds ol covenant Is r&¢ognised al the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
the amount 15 known, and ieceipt is expe¢ted. If the amount is not known, the legacy is treated as a
contingent asset.
The charity has not re￿IVed any material donated goods for its own use. Small iterns are not recognised In
the Slalement of Finan¢4a5 Activities.
The monetary value of volunteer Services are not re¢ognised in the Statement of Fi￿an¢￿al A¢livitiey.
No amount 15 in¢luded in the financial statements for volunteer tirne in line with the SORP.
Income from government grants and other grants. whether 'capital' grants or 'revenue' grants, is recognised
when the charity has entitlerrent to the funds. any performan￿ conditions attached lo the grants have been
rnet, it is probable that the Income will be received and the amount Can be measurèd reliably and is not
deferred.
12

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢counting poli¢l•s
(Continued)
Interest on funds held on deposit is includ8d when receivable and the amount ¢3n be measured religbly by the
charity,. thi5 is normally upon notification of the interest paid or payable by the Bank.
1.5 Expenditure
Expenditure is recognised once there is 8 legal or constructive obligation lo transfer economic benefrt to a
third party, it is probable that a transfer of economic benefits will be required in settlemenl, and the amount ol
the obligation can be measured reliably.
Expenditure 1$ classified by actiwty. The costs of each activity are made up of the total of di￿1 costs and
shared costs, ineluding support ¢osts involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly lo that activity. Shared cost5 which contribute to more than one activity and
support ￿St$ which are not altribulable lo a single activity are apportioned between those activiles on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of tirne spent, and
depreciation charges are allocated on the portion of the asset's use.
Support C051s are those that assist the work of the charity but do not directly represent charitable activities
and include office costs, governancé costs, administrative payroll costs. They are incurred directly in support
of expenditu￿ on the objects of the charity and include project management cariied out al Headquarter5.
Where 5UPPOrt costs cannot be directly attributed lo particular headings, they have been allocated lo cost of
raising funds and expenditur6 on charitable activities on the basis consistent with use of the resources.
Overheads have been allocated on a basis of budgeted turnover.
1.6 Tangibla fixed assets
Tangible fixed 85Sèts are initially measured 81 eost and subsequently measured al cost or valuation, nel ol
deprèciation and any impaimenl losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their iesidual values over their
useful lives on the following bases..
Leasehold improvernenls
Computers
20ts￿ straight line
250/0 Straight lirie
The gain or loss arising on the disposal of an asset is determined as the differènce between the sale proceeds
and the carrying value of the asset, and Is recognised in the statement of financial activities.
Furnishing5 arè written off as the expenditure is incurred. Expenditure on equipment and fixtures above £500
is capitalised.
1.7 Impairnient of fixèd assets
At each reporting end date, the charrty reviews the carrying amounts of 115 tangible assets to determine
whether there is any indication that those assets have suffered an impaiment loss. If any such Ind￿atIOn
eKlSts, the recoverable arnount of the asset 15 estimated in order to deterrnine the extent of the impairment
loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalen15 in¢lude cash in hand, deposits held al call with banks, other short-lerm liquid
investments wrth original malurilies ol three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in Current liabililitrs.
13-

ST ANNSADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
AG¢ounting poli¢i•$
(Continuedl
1,9 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Sedion 12
'Other Financial Instruments Issues, of FRS 102 to all ol its financial instrument5.
Finanaal instruments are recognised in the charity's balance sheet when th¢ charity becomes party lo the
contractual provisions of the instrumènt.
Financial assets and liabilities are offset, with the nel amounts presented in the financial statements, when
there is a legally enforceable right to sel off thè recognised amounts and the￿ is an intention lo settle on a nèt
basi5 or lo realise the asset and Settle the liability simultaneously.
8aslc financial assets
Basic financial assets, which include debtor5 and cash and bank balances, are ini11311y rneasured at
Iiansaction piice induding transaction costs and are Subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaetion, where the transaction is
measured at the present value ol the future receipts discounted al a market rale of interest. Finaniyal assets
classified as receivable within one year are nol amortlsed.
Impairment of finanelal assets
Financial a55ets. other than those held al fair value through income and expenditure, arè assessed frir
indicators of impairment al each reporting date. Financial assets are Impaired where Iheie is objecb.ve
evidence that. as a result of one or more events that occurred after the initial recognition of the financial asset.
the estirnaled future cash flows have btsen affected.
If an asset is Impaired. the impairment loss is the difference befvleen the carrying amount and the present
value ol the eslitnated cash flows discounted at the asset's original effective interest rate. The impairment loss
is recognised in nel incornellexpenditurel lor the yèar.
If there is 8 decrease in the impairment loss arising from an event occurring after the impairm&nt was
recognised, the impairment is reversed. The reversal Is such that the current carrying amount does not
exceed what the carrying amount would have been, had the impairment not previou5ty been 18cognised. The
impairment reversal is recognised in net incomellexpenditurel lor the year.
DeTrcognition of financial assets
Financial assets are derecognised onty when the conlra¢tual rights lo the cash flows from the asset expire or
are settled, or when the charity Iransfers the financial asset and substantially 811 the risks and rewards of
ownership lo another entity. or il some significant risks arTrd rewards of ownership 8re ￿taIned but control of
the asset has transferred to another party that 15 able to sell the asset in 115 entirety lo an unrelated third party.
83sic financial liabilitie$
Basic financial liabilities, includin9 ¢reditors are initially recognised al IFansaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measured al the present value
ol the future payments discounted at a markèt rate of interest. Financi81 liabilities Glassrfied as payable within
one year are not amortised.
Trade creditors are obligations to pay lor goods or services that have been 8cquired in the ordinary course ol
operations from suppliers. Amounts payable are classified as current liabilities il payment is due within one
year or less. If not, they are presented as non-current liabilitie5. Trade creditors are recogniseol initially at
Iransaclion price and subsequently measured at amortised cost using the effecb've interest mèthod.
De￿¢09D1ti0n of financial liabilitiès
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
14-

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Ac¢ounting policies
Icontinuedl
1.10 Employee ben¢fits
The cost of any unused holiday èntitlement is recognised in the period in which the employee'5 senrices are
re¢eived.
Terrninalion benefits are recognised immediately as an expense when the charity is demonstrably comrnitted
to terminate the employmerTrl of an employee or to provide termination benefits.
1.11 Retirement benefits
Paymènts to defilled ¢ontribuiion retirement benefit schemes are charged as an expense as they fall due.
Critical accountlng estimats$ and judgements
In the application of the charity's accounting policies. thè trustees a￿ refluired lo make judgements. estimates
and assurnplions about the ¢arrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and a550ciated assumptions are based on historical experience and other fadors that
ale considered lo be relevant. Actual results rnay differ frorn these estirnates.
The eslirnates and underlying assumptions are reviewed on an tsngoing basis. Revisions to accounting
estirnale5 are recognised in the period In which the estimate is revised where the revision affects only that
pèriod, or in the period ol the revision and futu￿ periods where the revision affects both current and future
periods.
Income from donations and18gacies
Unrestrictèd Restrictad
funds
funds
2024
2024
Total Unrestri¢ted Restrlcted
funds
funds
2023
2023
Total
2024
2023
Oonalions and gifts
Grants re￿5vable for Core
activitiès
29.057
2.835
31.692
21,141
2,010
23,151
23.250
3.000
26.250
49.788
49,788
52,307
5,635
57,942
70,929
2,010
72,939
Grants r•ceivable for core activiti9$
Nottingham City Council
400
Communities in Crisis
Fund
Mr D Liversidge
Unite
Nottingham Community
and Voluntary Services
National Grid
Energy Saving Gr8nt
Garfield Weston
Foundation
Other
3,000
3,400
16,300
1e.300
3,756
5,000
1,000
3,756
5,000
1.000
14.142
9.240
14.142
9,240
2,850
2.850
20,000
20,000
350
350
23,250
3.000
26.250
49,788
49.788
15-

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from charitabl• activities
Unrestricted Rèstricted
funds
funds
2024
2024
Total Unrestrictsd Restri¢ted
fund$
fvnds
2023
2023
Total
2024
2023
Advlce sgrvices
Performance related
grants
508.402
553,860 1,062.262
382.448
1.323,118 1.705,564
Perfomianc• related grants analysi$
Advice
services
2024
Advice
servle•s
2023
The National Lottery Community fund
Bnlish Gas Energy Trust
Citizens Advice Bureau
Money Advice SèNice
Framework Housing A550ciation
Debt Advi¢e Service
Energy Saving
Renewal Trust
Nottingham City Primary Care Neb￿OrkS
Multiply
VITA
Other
68.523
151,322
203,341
72,978
40,000
46,300
967.620
124.702
203.341
102.015
40,000
46,300
71,850
29,250
26,749
15,025
65,387
166.250
82.116
151.020
93,737
1.062,262
1,705,564
Oth•r incorne
UnrestTlCt•d Unre$trlcted
funds
funds
2024
2023
Other income
16
300
16-

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on raisiny funds
Unre$trlcted Unrestricted
funds
funds
2024
2023
Fundraising and publicity
Stsging fundraising events
797
2,993
Expènditure on ¢haritable a¢tivltles
Advle8
servi¢e$
2024
Advlce
servie8s
2023
Direct ¢o*ts
Staff eosts
Depreciation and impairment
Premises costs
Postage and stationery
Telephone and lax
Legal and Professional fees
Insurance and 5ybscription5
Training and conference5
Travelling
Bank charges
Publicity and advertlsing
Client costs
Motor expenses
IT and softwarè
Other costs
766,554
7,595
21,140
16,889
10.363
10,892
13,701
2,583
1,307
206
1,310
4.787
825,878
7.600
21,094
17,604
11,551
14,485
7.932
3.522
2.764
279
12.400
21.146
344
47,788
95,503
12,974
66.108
936,409
1,089,890
Grant funding of activitie5 lsea note 81
133,279
547.654
Share of support and governan¢$ eosts Isee notè 91
Governance
31,454
30.220
1,101.142
1,667,764
Anaty$ls by fund
Unrestricted funds
Restricted funds
515.131
586,011
496,707
1,171,057
1,101,142
1.667,764
17-

ST ANNSADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Grants payable
Advi¢è
$ervices
2024
Advice
servicès
2023
Grants lo instilkjtions..
Meadow5 Advice Group
Direct Help & Advice
Derbyshire Dales District Citizens Advi￿ Bureau
Derbyshi￿ YMCA
South Derbyshire Citizens Advice Bureau
Mansfield Gilizens Ad￿￿ Bureau
Derbyshire Law Centre
Workers Educational Association
Services for Empoweiment and Advocacy
Derby Homes
Derbyshire Unemployed Workers Centre
Nottinghamshife YMCA
Nottingham & Nottingh8mshl￿ Refugee Forum
Bestsvood Advice Cenlie
Nottingham Law Centre
Other
17,140
59.377
63.830
50.911
37.744
67,945
9,166
31.147
52.510
24.532
48,230
27,332
13,438
18,766
22,904
174
18,035
16,694
16.967
12.428
22,267
2,346
7,910
8,437
19,283
8,755
157
133,279
545,146
Grants lo individuals
2.508
133.279
547,654
Support costs allo¢atèd to activities
2024
2023
Governance costs
31,454
30.220
Anatysèd be￿e*n.
Advice services
31.454
30,220
10 Net movement in funds
2024
2023
The net movement in funds is stated after chargingllcrediting}'.
Fees payable to the charity'5 auditor..
for the audit of the charity's financial slalements
for other financial seNi¢es
Depreciation of owned tangible fixed assets
Loss on disposal of tangible fixed assels
4.630
4,352
7.595
4,410
2,240
7.600
3,086
18

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
11 Trustees
None of the trustees lor any persons connected with thernl received any remuneration or bellefils from the
Charity during the year. None of the trustees lor any persons connected with them) were reimbursed lor any
expenses during the period.
12 Employee$
The average monthly number of employees during the year was..
2024
Numb•r
2023
Number
32
32
Employment Costs
2024
2023
Wages and salaries
Social se¢urity cos15
Other pension costs
722.082
55,927
11.017
765,346
68.202
15,900
789,026
849,448
There wère no ernployees whose annual remunera14.on was more than £80,000.
Rèmungration of key man4g•ment personnel
The remuneration of key management personnel was as follows".
2024
2023
Aggr8gate compensation
79,988
82,870
13 Other
Total Unr•strictsd
funds
general
2023
2024
Net loss on disposal of tangible fixed assets
3,086
3,086
14 Taxation
The charity 15 exempt frow taxation on ils activrtie5 because all Its incorne Is applied for charitablè purposes.
19-

ST ANNSADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
IS Tangibl• fixed assets
Lva5ehold
Impro¥emoThts
Comput815
Total
Cost
Al 1 April 2023
21,899
14,081
35.980
At 31 March 2024
21,899
14,081
35,980
Depreciation and impaimi•nt
At 1 April 2023
Depreciation charged in the year
13,740
4,080
9.212
3,515
22.952
7.595
At 31 March 2024
17,820
12.727
30,547
Carrying amount
At 31 March 2024
4.079
1,354
5,433
Al 31 March 2023
8,159
4,869
13,028
16 Debto
2024
2023
Amounts falling duè within one yèar:
Trade debtors
Other debtors
Prepayments and a¢¢rued incorne
66,835
13,241
48,035
55,132
11.967
10.504
128,111
77,603
17 Creditors: amounts falllng due within one year
2024
2023
OtheT taxation and social security
Trade creditors
Othei ¢reditor5
A¢cruals and deferred income
12,687
999
385
1.732
2.785
27,098
11,235
24,921
32,000
-20-

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
18 Retir•mènt benefit $ehemes
2024
2023
Daffined contribution sch&m8s
Charge lo profit or Ios5 in rèspect of defined contribution schemes
11,017
15,900
The Charity operates a defined contribution p&nsion scheme for all qualfying employees. The as5els of the
scheme are held Separately frorn those of the ¢harity in an ind8pendenlly 8dminislered fund.
19 Re$trlcted fund$
The restiicted fund5 of the charty Comprise the unexpended balances of donations and grants held on ITUSI
subject to specrfic conditions by donor5 as to how they may be used.
At 1 April
2023
Incoming
rèsources
Resour¢•s
èxpended
Transfers At 31 Mar¢h
2024
Fuel Poverty Project
Food and Fumiture Store
Money Advice Outreach
Program
Building Better Opportunities
Multiply
UKSPF
Renewal Trust
IDd-Age
1.500
151,322
9,084
1139,1901
16,4821
111.2341
2,398
2,602
2,091
104.877
72,978
73,548
166,250
41,288
15,025
30,000
191.8551
1167,4011
1102.6771
129.2541
119,1521
130,0001
16.786
{11,0241
{43,5731
20.000
3,183
18.8511
4,127
110,0001
10,000
109,617
559,495
1586,0111
154,9181
28.183
Prevlous year.
At l April
2022
In¢oming
resoure•s
R¥$ources
expended
Transfèrs At 31 March
2023
Fuel Poverty Project
Food and Fkjrniture Store
Money Advice Outreach
PrograTn
Building Better Opportunitie5
UK SPF
Renewal Trust
Newst3rt
Ind-Age
Energy Saving
21.375
124.702
2.010
1112.5321
13.2701
{32,0451
1,260
1.500
2.790
25,009
102.015
967.619
3,875
29,250
13.807
10,OOQ
71,850
1102.7141
1846,2831
112,7261
118,4151
111,8371
2,091
104,877
18,851}
141,4881
110,8351
11,9701
10,000
163,300}
18.5501
49,174
1,325,128
11,171.057}
193,6281
109.617
21

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Restricted funds
(Continued)
Transfers:
Fuel Poverty Project
£11,234 transferred lo unrestricted funds lo cover overheads,
printing and travel.
£11,024 transferred to unrestricted funds lo cover overheads.
£43.573 transferred to unresln¢led funds to cover overheads.
£10,000 transferred to unrestricted funds to cover overheads
and salaries as per funding requirements.
£20,913 transferred from unre5tricled fund5 Its cover
expenditure In excess of restricted incorne.
Buililing Better Opportunilios
Multiply
Other restricted funds
other r8s1ricted fund5
Purposes of Re5tr1cted Funds
Fuel Poverty Project
Funding from Bri115h Gas Energy Trust lo tackle fuel debt and
provide energy eftiryency advice.
Food and Furniture Store
Funding from numerous donors lo provide food parcels for
people in crisis and essential furniture.
Money Advice Oulraach Program
Funding from Money Advice SeNce lo provide d8bt advice.
Funding frorn Big Lottery fund and European Structural
Investrnent Fund to provide a financial inclusiori project across
thè D2N2 area.
Building Better Opportunities
UKSPF
Funding frorn UKSPF for community developrnent by
supporting Nottingham City residents & businesses.
Funding from UKSPF lo offer One-l￿One support to city
residents to help manage housèhold budgets
Multiply
Renèwal Trust
Funding from The Renewal Trust lo tackle the numbei of
people in Nottingham experiencing pioblem debt.
Funding from Independent Agè to assist and provide rèlief lo
older people in need.
Ind-Age
Newstart
Funding from Newstart to support Creation of employmént
opportunitie5.
Energy Saving
Funding frorn Energy Saving Tnjst to assi51 households by
prowding vouchers in line with the energy redress voucher
fund.
-22-

ST ANNSADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
20 Un￿StrIct&d fund$
The unrestricted funds of the charity comprise the unexpended balances ol donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These indude
designated funds which have been sel a51de out ol unrestri¢ted funds by the trustees for Spe￿fiC purpostrs.
At 1 April
2023
Incoming
resourc4s
Resource$
expènded
Tran$f•rs At 31 March
2024
General fund$
209.703
560.725
{515.9281
54,918
309.418
Previous year:
At 1 April
2022
Incoming
re50ur¢ès
Rèsources
expendèd
Transfers At 31 March
2023
General funds
165,186
453,675
1502,7861
93,628
209,703
21 Analy$i$ of net assets b*ts¥èen fund¥
Unrestricted
funds
2024
Rèstricted
fund$
2024
Totsl
2024
At 31 March 2024..
Tangible assets
Current asselsllliabililiesl
5,433
303,985
5.433
332.168
28,183
309.418
28.183
337,601
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Current asselsllliabilities}
13,028
196.675
13,028
306.292
109,617
209,703
109,617
319.320
-23-

ST ANNS ADVICE GROUP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Relatsd party transaetlons
Throughout the year, the following trustees of St Anns Advice Group have also been directors of Chase NC
Lirniled, a cornpany limited by guarantee Icompany number 069348391 and registered charity (charity number
11375911. which oper8tÉs The Neighbourhood Community Centre, Robin Hood Chase, St Anns. Nottingham."
Mr Grant Everitt
Ms Monica Lindsay
Rev Anthony Giles
Mr Trevor Farmer
Mr Robert 8ird
Ms Sheila Jones
Ms Folasade Abiodun Sowunmi
The charity pays an ami's length rental of £11,85612023.. £11,858) per annum and service charges of £4,876
12023." £4.8761 per annurn lo Chase NC Limited. Al 31 March 2024 £1,732 12023.. £1,732) was owed lo Chase
NC Limited.
The charity recharges half ol the Charity insurance c051 Incurred ea¢h year £2.929 12023.. £2.0421 to Chase
NC Limited. Thi5 year il also ￿Charged £15,000 12023.. £15,000) in relation lo salary. At 31 March 2024
£8,71512023'. £22.7341 was owed from Chase NC Limited.
Thè charity provided a loan to Chase NC Limited to refurbish the kitchen, wages and other expenses.
The amount outstanding at the year-ènd was £11,967 12023.. £11.9681. The loan 15 intere51-Iree and is
repayable on demand.
23 Cash g¥nerated from operntlons
2024
2023
Surplus for the year
18,281
104,960
Adjustments for..
IGain}lloss on disposal ol tangible fixed assets
Depreciation and impairment of tangible fixed assets
3,086
7,600
7,595
Movements in working capital..
Ilncreasel in debtors
(Decrease) in creditors
150,5081
17,0791
145,2921
111,1541
Cash labsorbèd byllg•nerated from operations
131,7111
59,200
24 Analysis of ¢hanges in net funds
Thts charity had no rnalerial debt during the year.
.24-