Charity registration number.. 1163512 St Anns Advice Group Annual Report at Financial Statemenis for the Year Ended 31 March 2025 Commutsity A¢¢ounÉing Plus Unit5 1 & 2 North W¢5t 41 T31bot Street Nottingham NGI 5GL
St Anns Advlee Group Contents (contlnued) Reference and Admitsistraiiv¢ Details Tnte¢s, Report 2to4 Statement of Trustee5' Responsibilities Independ¢Tht Examin&s Report Stsi¢m¢nt of Finan¢ial Activities 7t08 Balance Sheet Cash Flow Statement 10 Note5 to the Fir¢1] Stslements 11 to20
St Anns Advice Group Reference and Admlnlstrallve Detalls Trustees R Bird. Treasurer G Everitt Rev A Giles F Sowutmii Senlor Management Team Debbie Webster. Manager Cb#rlty Regl$tratlon Number 1163312 Prlnclpal Offlee Neighbourhood Centre Robin Hood Chase Nottingham NG3 4EZ Independent Examlner Eva Stevens. ernployee of Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Banker5 Unity TnLS1 Bank pl¢ Nine Brindleypla¢e Bimiingham BI 2HB Pa8e I
St Anns Advice Group Truste¢$' Report Th¢ ffitee5 present the annual report iogether ¢he finan¢io1 stat¢m¢nts of the charity for the year ended 31 March 2025. Trustees and officers The trustees and oificers serving during the year since the year end wer¢ as follows.. Trustees.. R Bird, Treasurer G Eweriti Rev A Giles F Sowunmi J Dn (resigned l Augusi 2024) T Fanner Ire5ign¢d l August 2024) S Jones (resigned l August 2024) M Lthay Ir¢sign¢d l August 20241 Struttiirei governance and managemeDt Nalure ofgov¥rnill8 The chariry 1$ operated under the Tules of its consti110n CIO- FoundAtion [¢Stered I I SeptCTnber 2015. RecruitmÉMt and oftruslees Lwl rerTUitmenL word of mouth, AGM invites notninees. Oble¢tlve$ and ictlfyltley Obje¢ts 4nd4lms To promote any purpose ihat is ChItable according to the laws of England and Wales. includitk8 the r¢lief of )verty and the advan¢ement of eduealion and in particular through the provision of A service providing infomlation and so¢ial welfare advice. Pmblicbenefil The ¢enire's objective5 and principal activities ar¢ ro promote any ¢haritable purpose for the beneftt of the inhabitants of St Ann's. NorEtngham City and surrounding areas. through the provision of an advice and inforn)atiotJ s¢rvice for persons who need such servi¢¢s. The aim is to provid¢ a high quality. easily accessible service in the areas of welfare benefits, debt, housing and general advice. W¢ also (>ffer tepre5¢ntstion at DWP appeals and mor¢ generally support and help setvice users to understand complex fomts and regulations. We review OUT aims. obje¢tive$ artd activities each year. The review looks at the success of each k¢y aL*ivity and the ben¢fLts they have brL)ught. Tbe review also helps us ensure our objectives and actLVLtie$ remain focu%d on our stated PUse$. We confinn that Si Anns Advice Group meets the def]nitioD of a public benefit entity. We h•v¢ referred to the guidance contained within the Charity Commission's guidance on publi¢ benefit when reviewing our aims and objecttves and in planning our hture activities. in patticular. the mJst¢¢s Consider how planned aciiviiies will contribute to the aim5 and objectives ihey have set. Page 2
St Ann$ Advi¢¢ Group Trustees, Report (contlnued) The truse5 confinTr that they have complted with the requirements of s¢¢tion 17 of the Charitie5 Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for Englat and Wales. Achievements and performance During thi$ period the Advice Group continued to provide advice on debt and benefits resulting in nearly 3.000 full cases, and over l.000 people supported with one ofy assisrance. Advisers have managed over 7.5 million Trunds worth of debts and made total gains for lo¢al peopl¢ ofjust ov¢r 5 million pound5. These figures reflect a committed staff team that has provided support and adviee throughout 2024125. We continue to nm several projects alongside the Core service of welfare b¢ncfLts and debt advi¢e. We have a solid reputstion as deliverers and influencers. We are based at the Neighbourhood Centr¢ in St Anns and approx. 50/0 of our clients are from thi5 area. However. we do outreach in Sneinton and across the city. Our Mon¢y Debt Advice ld the British Gas Energy Tntst proje¢1 ¢8n work with people across the Fast Midlands. However other projects have a restricted geographical criterion. Referrals to th¢ Centre are regularly received from the Nottingham Ciry Council HousiD8. Nottingbaln City Council. housillg associations, health workers, local couucilor5. and GP surgeries. As in previou5 years, most enquiries rec¢iv¢d in 2024125 were about Depthment of Work and Pensions welfar¢ benefiis, Universal Credit and prioriry and non-priority debts. Other areas in which people were assisted include housing, homelessness. multiple debt advice, bailiffs, health, eMploent. water. and fuel. An ev¢r-increasin8 number of clients who ¢ome to the advice Centre have PTiority debt probl¢m5 and face ttisis due io the excessive cost of energy. We also distributed the household 5UPPOrt fimd held by the city council. by providin8 Supermarket vouchers. and hav¢ taken Applications for energy vouchers from r¢sidents. We were Successful in 8ainin8 additional funding to support clients with energy vouehers if they were struggling to put money on their pre-payrnent rnet¢. Debt •dvi£e yervite and the MoDey Advl¢e Servl¢e The Money Advice Servi¢e. and Nottingham City Council Housin8 fund our debt work. The projects redu¢¢ the level of Tent and coutLciI tax arrears and other Priority and non-priority debts within the city. We have assisted clients wilh budget plans and income mlm]Zation including applications foT housirt8 beneflt, discretionary housing paymenrs, tax ¢redits. aTLd personal independent paytnertts. The team apply to various tNst funds and small charitie5 for funds to assist clients with esseniial fumiture and wbite goods. Appeals The Centre continues to represent people ot various appeal tribunals for Personal Independent Paellts. disability living allowwxce. employment support allowance and indusirial injuries benefjt. Where were Success] in these appeals client5 receiTred back payments of benefit or ¢ompen58ti011. In addition. many of these clients will have also gained sncreases in their weekly benefit entltlement. Independent food bank Our indep¢Ddertt food bank was opened in December 2012 and hjs ¢ontinued to feed vulnerable people who ar¢ expeTi¢ncing hardship5 typically having no incotne. We provided 40 Christmas hampers for clients who were on the food bank books. with fresh food ond presents for family members. Brltl$h Gas Energy Trust We Continue to run the Fuel effieiency gnd d¢bt project funded by ihe British Gas Energy Trust. Advisors can provide a holistic service to clients providing advice OD rn&xitllwng incomes and reducing debts as well a5 managing or writing off energy debt and sUp)rting energy etTicien¢y Savings in the home. We sub-contract thrce rt-[ime posts to Bestwood Advice Centre. Meadows Adviee C¢ntT¢ and Nottitjgham Law Cer)tre in order to ¢over both north, Centre and south of the City We have funding to issue energy vouchers io those citizen5 that are 5tN¥gling to heat theiT homes. Page 3
St Anns Advice Group Trustees, Report (contlnued) NottiDghsm Public Health Clty East PCIY We receive ndIng from the NCC Public Health And PCN 6. This is our core filuding and supports the work at the Centre 8nd takes local GP referrdls. Flngnd81 revltw Policy yeve5 The Trustees have estsblished a poli¢y whereby the u[1rtrICtcd funds not ¢ommitt¢d or invested in tangible fLx¢d a5set5 {the free Teserves,) held by the chariry should be two month5 of the total resources expended. At thss level, th¢ board feel that they would be able to continue the current a¢tiviti¢s of th¢ ¢harity in the event of a $i1ficanT drop in incom¢. At present there are free reserves of £214.780. MJorrisk$ ofthose risks We are fiLIIy aware of the funding difficulties we, and many other third sector or8anisations face. and therefor¢ w¢ constantly explore the lalldscape for new opportunities I partnerships to ensure we COTLtinu¢ to support our eommunity and respond to its needs. Plans for future periods Aims key 0bjerlivesforfvPtrlods We will tnaintain existing partnerships and seek io ¢r¢ate new ones by initiatiti8 new projects in collaboration with others. We have a Strong network acrtsss the city and enjoy an ¢x¢ellent reputation with other provider5 and funders. Page 4
St Ann$ Advlce Group ststement of Trustees, Responsibilities The tru5tee5 &Te resport5ible for preparing the trustees, report and the financial statements in a¢cordance with the United Kin8dorn Accounting Standards (United Kingdom Generally A¢¢epted A¢¢ounting Practice) and applicable law and Tegulations. Th¢ law applicable io charitie5 requirc5 the tn]stees to prepare flnancial statements for ¢a¢h financial year which giv¢ o tru¢ and fair view of the state of affairs of th¢ ¢harity and of th¢ incoming resources and applLC&liort of regources of the charity for that period. In preparin8 these finattcial ststemenL8. the tttee$ ar¢ required to.. seleci suitabl¢ accounting policies and then apply them consistertt]y' observe the methods and principle5 in the Charities SORP.. mak¢ judgements and estimates that are reasonable atjd pnjdettt; state wllether applicable ac¢ountLIig standards have been follow. subject to any materi&l departures disclosed and explained in the fItl¢ll7 statements.. and pr¢pai¢ the fLnan¢ial statements on the going COTLcern ba5l5 un1¢55 It is inappropriate to presume that th¢ h31ity will ¢oniinu¢ in busin¢s5. TILC trustees are responsible for keeping proper accounting records that disclose with reasonable ¢raCY at 3ny time the Ftnancial position of the Charity and enable thetn to ensure that the fjllancial statements comply with ihe Charities Aci 2011, the Charities IAc¢ounts and Report$} Regu]atiotLS 2008, and the provisions of ihe constimtion. The try$tees are also responsible for safeguarding the a$5ets of the ¢harity and hence for tsking reasonable steps for the preventiotl And detection of fraud atkd other irregulariti¢s. The trustees ar¢ responsible for the nuintenance and integrity of the cotporate and financial inforntion included on th¢ charitable Company's website. Legislation governing the preparation and dissemination of financial srat¢ments may th.ffer from legislation in other jurisdictions. Approved by In¢¢¢$ of the ¢harity on.1 . and signed ott its behalf by.. Anthony Giles Trustee PA8¢ 5
St Anns Advice Group Independent EAamlner's Report to the trustees of St Anns Advice Group Independent ex&mirter's report to the trusiees of St Anns Advice Group I report io th¢ trL]Stees on my examination of the accounts of Si Atlns Advice Group {the Charity) for the year ended 31 March 2025. Respon5ibilitle$ and bEsis of report As the t¢$ of rhe charity you are r¢sponsible for the preparation of the a¢couDts in accordance with th¢ requiremert of the Charitie5 Act 20111'th¢ ACVI. I report ID spect of my examination of the Charity'5 accounts carried out under section 145 of the 2011 Act and in Carrying out my eximination I hav¢ followed all the applible directions 8iv¢n by the Charity Commission under se¢iion 145(5Mb) of the Act. Ittdependent exAmln¢r's statement Since the Charity's gross income exceeded £250.000 your ¢xaminer must be a member of a body listed ID section 145 of the 2011 Aci. I confiThn that l am qualified ¢0 undertake the examination because l am a member of the Chart¢T¢d Institute of Public Finance and Accountsncy {CIPFA}. which is one of the listed bodie5. I h&vc completed my examination. I confirtn that no matters have cotne to my atienLiOt) in connection with ihe examination giving me Cause Éo believe that in any material respett: 1. occounting records were noi kepi in Tespect of the Charity as required by section 130 of the Act- or 2. the a¢counts do not accord with those re¢ords: or 3. the accounts do noi comply with the accounting requirements conceming the form and corttent tsf accounts set out in the Chariii¢s {AccouDts and Reports) Regulations 2008 other than ally requirement that the accoun15 give a 'tsu¢ and fairf view which is not a matter ¢onsidered as part of an independent examination. I havc no concerns and have comc acros5 no other tnatteTS in cot)neciion with the ¢xaminatiOEI to which aiL¢ntion should be dra in this report in orde[ to enable a proper under5tandin¥ of ihe accounts to be reached. Eva Stevens. BS¢, CPFA, employee of Community Accounting Plu5 member of the Chartered Insfiwt¢ of Public Finance and Accountancy (CIPFA) Units l & 2 North West 41 Talbot Street Notlingham NGI 5GL Page 6
St Anns Advice Group Statement of Flnanclal Activities for the Year Ended 31 Mirch 2025 Total 21125 Total 2024 Unr¢$trl¢t¢d Re5trieted Not¢ Imeome and Endowments from: Donations and legacies Charitable actlVLties 374.082 374.082 422,613 560.709 559,511 422.613 Total Income 374,082 422.613 796,695 1.120.220 Expendlture on: Clwitabl¢ activities 1431,950 440.750 872,700 1,101,939} Total Expendinwe Net lexpenditureyincome Gross transfers between fimds 431,950 440.7501 872,700 1,101.939 157.8681 22,572 (18,1371 22,572 (76.005) 18,281 Net movement in funds (80.440} 4,435 {76.005) 18,281 Rteonel]latlon of fullds Total fLmds bTought fotward 309,418 28.183 337,601 319,320 Total fimds ¢arried forward 14 228,978 32.618 261,596 337,601 All of the ¢lwity's activiti¢5 derive from continuing operations during th¢ aboye two periods. The fwids breakdown for the period is shown in note 14. The note5 OtL pages i i to 20 forn) an integrnl part of these financial statem¢nts. Page 7
St Anns Advice Group Statement of Flnanclydl Actlvltles for the Year Ended 31 March 2025 (Continued) These are the figures for the prevlous %tCOliDtlng perlod And are included for cotnparAtlve purpose5 Totil 2024 Unrestricted Re$tri¢ted Note Income and Endowment$ from: Donations and legacies ChaTitobl¢ a¢livilie$ 560.709 16 560,709 559,511 559.495 Total In¢om¢ 560,725 559,495 1.120.220 Expendliure on: Charithble activities 515.928 586.011 1,101,939 Total Expenditure 515.9281 586.011 (1,101,939) Net in¢om&(¢xpeTLditure) Gross transfers betwt¢n fuTh(ts 44,797 54.918 (26,516) {54.918} 18,281 Net rnovement in funds 99.715 {81.434} 18,281 Reeonciliatiott of funds Total fimds brought forward 209,703 109,617 319,320 Totsl ftjnds carri¢d forward 14 309,418 28,183 337,601 The note5 on pa8¢s I I to 20 forni an integral part of these fan¢la1 statements. Pa8e 8
St Anns Adviee Group (Reglstration number: 1163512) BAlan¢e Sheet as at 31 March 2025 2025 2024 Note FRx¢d ets Tangible assets 10 14.198 5,433 Current a55ets Debtors Cash at bank and in hand 81,005 188.574 12 228,978 269,579 357.089 Credltor5: Amounts f#llittg due wlthln one year 13 22.181 24,921) Net current $¢ 247.398 332,168 Net A55etg 261,596 337,601 Funds of the ¢harity: Restrl£ted Income funds Rc5tri¢ted fimds 14 32,618 28,183 Unrestricted income funds Unrestrictcd 228,978 309,418 Total funds 14 261,596 337.601 ancial tements on pages 7 to 20 were approved by th¢ trustee5. and authorised for issue on si¢d on their behalf by.. Anthony Giles Trustee The notes on pa8es l I to 20 form an integral part of these financial statements. Page 9
St Ann$ Advice Group Cash Flow Statement for the Year Ended 31 M4rch 2025 2025 2024 Note Cgsh flows from operatlng AetivitAe5 Net cash {expenditure}liThctsme Adjustments to easb flows from non4*$b Items Depreciation 176,(K>5) 18,281 9.267 7,595 {66.738} 25.876 Worklng capltAI adJu$tmellt$ De¢rea5ellincrease) irt debtors Decr&u¢ in creditors Increase in def¢rr¢d in¢ome 47,106 {11.564} 8.824 150.508} {7,079) 13 Net cash flows frtsTn operating a¢tivitie5 (22.372) {31.7111 Cash flow5 from Investing #¢tlvltles Purchase of tgible fixed as8¢ts N¢t decrease in cash and ¢osh equiv8lents 10 18,0321 {40.404} 228,978 Cash and cash equivalents at l April Cash and cash equivalettts at 31 March Reeonelllatlon of net t8sh flow to movem¢nt In net futtds Decrease in cash 260,689 188,574 228,978 {40.404} 228,978 Net funds a¢ l April 2024 260,689 N¢t fidS at 31 March 2025 188,574 228,978 All of the cash flows are derived from continuing operations duTiTLg the above hvo periods. The notes on pages I I to 20 fomi an integral part of these fman¢ial statetnents. Page 10
St Anns Advice Group Notes to the Flnanclal Statements for the Year Ended 31 March 2025 l Aceountlng polleles sthtement of compllance The financial slalemenls have been prepared in accordance wth the second edition of the Charities Statement of Re¢vmm¢nd¢d Practice issued in October 2019, the Financial Reporting Standard applicable irt the United Kingdom and Republic of Ireland IFRS 102) and the Ch8rities Act 2011. Bisis of preparation St Anns Advice Group meets the derllion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical e05t or trdnsaction value unless otherwise stated in the relevant accounting policy notes. Going etsrttern The financial statements have b¢etL prq)ared on a going concern basis. The tsvstees assess whether the use of goit)g ¢on¢ern is appropriate i.e. wheth¢r there are any tnY4teriai uncertaioties related to events or ¢onditions that may Cast significant doubt on the ability of the chariry to continue as a going concem. The twslees make this a5ses5ment in respect of a period of on¢ y¢ar from ihe date of approval tsf the fanCIal statem¢nts. Income and endowmeDt$ Voluntary income including donations, gifts, legaties and grdnts ihat provide core fundin8 or are of a general Tlature is recognis¢d when the charity has entitlemetkt to the incotne. il 1$ probable that th¢ income will be r¢ceiv¢d and the amount can be measured wilh sufficient reliability. Dollalions rtndlegucies Donations and le8act¢s are recognised on a receivable basis when receipt 1$ Probable and the amount can be r¢liably measured. Grnnts receiw4ble Grants are reeognised when the charity has an entitlement to the funds and any condiiions linked to the grants have been met. Wher¢ perfonnance conditions are attached to the grant and are yet to be mel the incotne 1$ r¢¢ognised a5 a liability and included on the ban¢¢ sheet As deferred income to be released. Deferred income Deferred income r¢pr¢sents amounts received for re periods and is released to Iticornin8 re$ource5 in th¢ period for whicty it has been received. Such income is only d¢ferred when: The donor specifjes that the grant or donation must only be used in future accounting periods.. or - The donor has imposed conditions which must be met before th¢ charity has unco]1110aI entitlement. Page 11
St Anns Advice Group Notes to the Financlal Statements for the Year Ended 31 March 2025 (contlnued) Eipelldlture All expenditure is recognised on¢¢ there is a legal or constrnctive obligaiion to that expenditure, it LS PTobable settlement 15 required and the amount can be measured reliably. All ¢o$ts are allocated to the applicable expenditure heading that aggregal¢s similar costs to that category. Where Costs cannot be d]rtlY attributed io particular h¢adin8S they have been allocated on a basis ¢onsistellt with the use of resources, with central staff etssis allocated on the basis of time spent, and depreciation charges allo¢ated on the portion of the 3ssei's use. Other support costs are allocated based on the spread of staff cosis. Charitable activities Charitable eXpenditte comprises those costs incurred by the clwity in ihe d¢liv¢ry of its activitie5 and services for its beneficiaries. It includ¢s both c05t5 that can be allocated direcily to swh activities and those costs of an indsrect nawre necessary to support theTtL Government grants Government grants are recognised based on ihe a¢¢nl model and are measured at the fair value of the asset received or receivable. Grants are Classified as relating either to revenue or io assets. Grants relatin8 to revenue are recognised income over the period in which the lated costs are recognised, Grants relating to assets are recognised over the expected useful life of the osset. Where part of a grant r¢latiil8 io an asset is deferred it is re¢ogni$ed &5 (kferred incoTlle. T*xatlo Th¢ charity hs considered to pass the te5t5 set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the deflnition of a charitablc company for UK corpoTaiion tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within ¢ategories covered by Chapter 3 Pan I l of the Corporniion Tax Act 2010 or Sectiot] 256 of the Taxation of Chargeable Gains Act 1992. to ihe exient that such income or 8ains are applied ¢xclushvely io charitable purpos¢s. Tangible fixed &¥sets Individual fixed assets costing £500.00 or more are initially reeorded at cost, less any sUbSequt accumulated depTeciation and subsequent accumulated impairment losses. Depreclatlon and xmortlsgtion DepreciatiOTL is provided on tongible fixed assets so as to WTite off the cost or valuation, less any e5thmated residual value. over their expected useful economic life as follows= Amet ciA5S Leasehold improvemenis Comput¢r equipment Depreel4don rneihod And rite 200/0 straight line 25°/o straight line Trade debtors Trade debtors are amounts due from tStOmerS for merchandise sold or sesvices perforn)ed in the ordinary course of bu5ine5S. Trade debtors are recognised initially at the transaction pri¢¢. They are subsequently tneasured at amortI5 cost using the effective interest tnethod, less provision for impaLrnient. A provision for the impairment of debttsrs is established when there 15 0bj¢ctive evidence that the clwity will not be able to eollect all amounts due according to the original temis of the re¢eiv&ble5. Page 12
St Anns Advice Group Notes to the Flnan¢lal Statements for the Year Ended 31 March 2025 (conllnued) C&sh and cash equivalents Cash and ¢ash ¢quiv21enis ¢ompris¢ cash on hand and call deposits, and oth¢r short-tern) highly liquid inve5ttnents that are readily convertible to a known aOuTht of e&sh and ar¢ subject to an insigtJifi¢ant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services thai have been acquired in the orditwy course of business from suppliers. Accounts payable are classified a5 Cutt liabilities if the charity does not have an un¢onditional right. at the end of the reporting period, io defer Settlement of the creditor for al least twelv¢ months after the reporting date. Jf there is an tsnconditional right to defer settlement for at least twelve months ati¢r the rew>rtin8 date. they are presented as non-¢vrr¢nt liabilLtie5. Trade creditors are recognised initially al the transa¢tion pri¢e and subsequently measured at amortised cost using the effective interest method. Fund structure Unr¢stri¢t¢d incom¢ futth are general fidS that art available for use at the ttitstees, discretion in filltherance of the objettives of th¢ charity. R¢stricied incom¢ fid$ ar¢ those donated for use in a particular area or for specific purp05e5, the use of which l5 restricted lo that area or purpose. Pen$lons and other post retlremeDt obllggtlons The charity operates a defJn¢d contyibution pension scheme which 15 a p¢ttsion plan under wbich fixed ¢ontiibution5 paid irlto a pension fimd and the chariry has no legal or ¢on$tru¢tive obligation to pay fijrther coniribuiioJJs even if the frd doe5 not hold sufficient assets io pay all employee$ th¢ benefits relatin8 to etnployee seryice in the current and prior periods. Contribu¢ions to defined contribution plans are reeo8ni5¢d in the Statem¢nt of Financial Activiti¢s when they are due. If ¢ontribution payments exce¢d the contribution due for service. the excess is reeogThis¢d as a prepayment. 2 Income from donatltsn$ and legacles Unr¢Jtrleted funds GenerAI Total 2025 Total 2024 Doli0nS and le8a¢i¢s', Donations from Comples. trusts and similar proceeds Grants, including capital 8rants,' Goyemment grants Grants from other elwities 86.059 86.059 202.431 64,679 223.344 64,679 223.344 49,550 308,728 374,082 374,082 560,709 Pa8e 13
St Anns Advice Group Notes to the Financial Statements for the YeAr Ended 31 March 2025 (¢ontinued) 3 IDcome from cbarltable activities Restri¢ted fund$ Total 2025 Total 2024 Grants & donatiOll5 Other income 422,613 422,613 586,011 16 422,61J 422.613 586.027 4 Grants 4ttd dollatlolls Unrestrlcted funds R¢strlcted funds Tot*1 fullds DWP_ Acces5 to Work British G&$ National Lottery Comtnunity Fund Money Advice Service Nottitjgham City Council Nottinghatll City Homes Nottingham & District Citizens Advice Bureau Nottingham City Council - capital grant Metropolitan Housing Trnst Nottingham Ciry Easi PCN Renewal Trust Fram¢work Housing VITA Healih Group Sunthy grants & donations 3,379 3.379 154.110 8,824 72,576 169,000 46.300 142,577 14,063 5,834 38.266 5.275 36,667 79,920 19,904 154.110 8.824 72,576 154,0(M) 15,IK)O 46,300 142.577 14.063 5.834 38.266 5.275 36.667 79,920 6,139 13,765 374,082 422,613 796,69S Page 14
St Anns Advfiee Group Notes to the Flnanclal Statrments for the Year Ended 31 March 2025 (¢ontlnued) 5 Expelldlre on charltabl¢ &¢tlvltles Unrestrlcted fullds General Restrlcted funds Total 2025 Total 2024 Staff rosts Deprecilon Premises costs Post28e & stationery T¢l¢phone Legal & professional InsuraTL¢e & subs¢ripiion$ TTaining Travel Bank charges Publt¢ity & advertisÉng Client costs IT 50ftware Other costs Gratjts & donaiions paid Governan¢e Costs Events costs Consultants 308,664 5,614 20,317 7,082 10,116 12.270 18.023 654 495 158 404 14.958 15.099 2,018 8,540 366,681 3.653 675.345 9,267 20.317 7.679 10.183 12,270 18,305 1,393 877 158 817 21.726 15,099 3.725 64,626 766,554 7,595 21,140 16,889 10,363 10,892 13.701 2,583 1,307 206 1,310 4,787 12,974 66,108 133,279 31,454 797 597 67 282 739 382 413 6.768 1,707 56,086 2.538 5.000 2.S38 8,375 3,375 431.950 440.7SO 872,7(K) 1.101.939 6 Nei InCOndnOuÉgofiDg resour¢e$ Net (Out8oingyi0m1llg Tesourees for the year include.. 2025 2024 Depreciation of fixed $¢1$ 9,267 7,595 P*ge 15
St Anns Advice Group Notes to the Flnancial Statements for the Year Ended 31 March 2025 (Contlnued) 7 Staff Costs The a88regate payroll costs were as follows.. 2025 2024 Staff cost$ durlng the year were: Wages and salaries Social security costs Pension costs 619,663 45,100 10,582 722.082 55,927 675.345 789,026 The monthly averag¢ number of persons (including 5enLor rTwiagem¢nt team} employed by the charity durinB the year was as follows.. 2025 2024 No Average nullLber of ernployees 29 32 2712024- 32) of the above ernployees participated in the Defiued Ctsnttibuiion Pension S¢hemes. Contributions to the employee pension schemes for ihe year toialled £10.58212024- £11.0171. No employee received eTnoluments of more than £60.000 dwin8 the year The total employee benefits of the key manag¢m¢nt personnel of the charity wer¢ £86.667 {2024- £79.966). 8 Indeptttdent examlner'$ f¢e8 During the perio(L the f¢Ys payable lex¢luding VATI to the charity's independent examiner CoDmiunity Accounting Plus are analysed &$ follows.. 2025 2024 Independent examination Other fItLa1 rvICeS 1.600 1.716 3,316 Page 16
St Ann$ Advice Group Notes to the Flnancial Statements for the Year Ended 31 March 2025 (¢ontinu¢d) 9 T8xAtlon The charity is a r¢gistered charity and is th¢r¢for¢ exempt from corporation taxation. 10 Tanglble ffted assets Computer equSpmeDt Le8Jehold improvernertts TotAI C05t At l April 2024 Additions 14,081 18,032 21,899 35.980 18.032 At 31 March 2025 32.113 21.899 54,012 Depretiatlon At l April 2024 Charge for the year l2.727 5.188 17.820 4.079 30,547 9,267 At 31 Mar¢h 2025 17.915 21.899 39,814 Net book value At 31 March 2025 14.198 14.198 At 31 March 2024 1.354 4.079 5.433 11 Debtors 2(125 2024 Trade debtors Piepayments Other debtors 61,370 4.423 15,212 66.835 48,035 13.241 81,005 12 Ca$h And ¢ash equiv#lent$ 2025 2024 Cash on hand Cash at bank 523 188,051 593 228,385 188,574 228,978 Page 17
St Anns Advice Group Notes to the Flnanclal Statements for the Year Ended 31 Mar¢h 2025 (contlnued) 13 Credltors: amounts falllng due wltbln one year 2025 2024 Trade ¢r¢ditors Other tsxation #nd social security Accruals Deferred income 479 10,708 2,170 8,824 999 12,687 1,235 22,181 24.921 14 Funds B812D¢e fit 31 March 2025 Bgl•tt¢e at I April 2024 Incomlng resources Resource5 expended Tr*rt$fer$ Unre5tri¢ted funds Ge#eMI G¢neral fund 309.418 374.082 {431.950) 122.5721 228,978 Restricted funds Fuel Poverty Project Food and Fumiture Store Money Advice Outreach Programm¢ Multiply UK SPF li¢newal Tn]st Lottery- Digital Inclusion NCC - IT equipment 2,398 2.602 154.110 17,765 1127,4341 {17,304} 29,074 3,063 72,576 150.000 {93.222) 1170,000) 115,519) 15.2751 {8,3431 20.646 20.000 3.183 12,336 5.275 8,824 481 10.4101 Total restricted futtds 28,183 422,613 410,750} 22,572 32.618 Total funds 337,601 796.695 872,700 261.596 The transfer from the NCC - IT equiplnent fid to the General fimd represents the net book value of fix¢d assets, the use of which 15 not subject to any re5th¢tion. The transfer from the General fwid to the Money Advice Outreach and UK SPF fvnds is to cover the defi¢it on thi5 a¢tiYity. Page 18
St Anns Advfiee Group Notes to the Financial Statements for the Year Ended 31 March 2025 (condnued) The specifie purposes for which the fiulds are to be applied ar¢ as ftsllows.. Fuel Poverty Project - fidIng froTll the British Gas Energy Trust to tackle fu¢1 debt and provide energy efYici¢n¢y advice. Food and Furniture Store - funding from numerous dortors to provide food parcels for people in crisis and ess¢niial fiimiture. Money Advice Outreach Pro8ramme- funding from Money Advice Service lo piovide debt advice. UK SPF . funding from UK SPF for community developmeTLt by supporting Nottingham City residents & businesses. Multiply - fimding from UK SPF to offer one-to-othe support to city residents to help manage household budgets. Renewal Trust - funding from Renewal Trust to tackle the number of people in Nottinghatn experiettcing problem debt. Lottery - Digithl Inclusion- fimding from National Lottery Community fimd to NCC- IT equipment - capital 8rant from Nottitlgham City Council to puwhase new IT equipm¢nt. These are the figures for the previous accowiting period and are included for comparative purposes: Balance at 31 March 2024 Balance at I April 2023 Incomkng resources Re$oure¢$ expended Tr8llsfers Unr¢5trl¢ted fund Getser41 Geneial fund 209,703 560,725 1515.928) 54,918 309.418 Re5tri¢t¢d Fuel Poverry Project Food and Furniture Siore Money Advice Outreach Programme Buildin8 Better Opportunities Multiply UK SPF Renewal Trust tnd-Age Total re5tri¢ted fuDd5 1.500 151,322 9,084 {139.190) 16,482) {11,234) 2,398 2,602 2,091 72.978 191,8551 16,786 l(kl,877 73,548 (167,401) 166,250 {102.677) 41,288 129.254) 15,025 (19.152) 30,000 3ts 0001 586,011 (11.0241 {43.573) 20,000 3,183 (8,851) 4,127 10.000 10,000 109,617 54,9181 28,183 Total fuDd5 319,320 1,120.220 1.101,939 337,601 Pag¢ 19
St Anns Advice Group Notes to the Flnancial Statements for the Year Ended 31 March 2025 (continued) 15 Analysis of Det assets between fund5 Unrestrl¢t¢d 2025 Total funds Getheral Restrleted Tangible fixed assets cLreAl aetS Current liabilities 14,198 236,961 122,181 14,198 269,579 122.181 32,618 To¢al net assets 228.978 32.618 261,596 Ullrestrl¢ted 2024 Total funds GenerAI Restrlcted Tangible fixed Assets Current assets Current liabilill¢S 5,433 328.906 24,921 5.433 357,089 24,9211 28.183 Total n¢1 assets 309.418 28.183 337,601 16 Related party tran$actlons During the year the charity mad¢ the following related paty transactions: Chase NC Limlted Throu8hout the year, the followin8 tTUStees of St Anns Advice Group have also bcen directors of cha NC Lhmited, a colnpany limited by guarantee (company number 069348391 and registered charity l¢harity number 1137591). which operdtes The NeL8hbourhood Cornmunity C¢ntre. Robin Hood Chase. St Anns, Nottingham.. G Everitt Rev A Giles R B]rd F Sowulkmi The Charity pays an arttL'S length rental of £l1.856 12024.. £11,856} per annum and service ebarg¢s of £4.876 (2024: £4.876) p¢r annum to Chase NC Litniied. The chariry recharges salary costs to Chase NC 2025: £IS.86612024.. £I5,0001. The charity provided a loall ¢0 Chase NC Limited to refi]rbish the kiichen. wages and other expense5. The amount outstanding at the year end was £1 1.96712024.. £11.9671. The loan i5 inter¢$t free and 15 repayable on demand. Ai the balaD¢e sheet date the amount du¢ from Chase NC LLmLted Vd5 £15.2l2 {2024- £12,991). 17 Trustees remuneratlon and expeD#e$ No ttustees. nor any perstsns cotlnected with them, have received any remunerdtion from the ¢harity during th¢ yeox. No trust¢es hY4ve receiv any reimbursed expen5¢s or any other beDefits from the charity durin8 the year. Page 20