##
##
##
##
||||||SCRP reference||
|---|---|---|---|---|---|---|
|Summary
ofthe purposes
the charity as set out in its
governing
document||||of|Para 1.17|The relief offinancial
hardship
through
the provision
ofsupport
and access to
free financial
advice and assistance to|
|||||||people with debt-related
problems
living|
|||||||in the Sidcup, LBof Bexley and Kent area|
|||||||and beyond who, through
lack of means,|
|||||||would otherwise
be unable to obtain|
|||||||su
ort and advice.|
|Summary
activities
purposes
benefit,
in
activities,
identified||ofthe main
in relation to those
for the public
particular,
the
projects or services
in the accounts.|||Para 1.17and
1.19|We increased our Admin personnel
during the
period and have created multiple
links with
local support
agencies. Some ofthe clients have
been complex due to the increased
number of
those with backgrounds
ofvarious abuses, both
physical and substance
related. Our|
|||||||relationship
with Pier Road Project, part ofthe|
|||||||South London and Maudsley
NHS Foundation|
|||||||Trust based charity in Erith, Kent, has grown|
|||||||substantially
with over 30calls over the period|
|||||||and nearly 80emails that were a mixture of|
|||||||referrals
and ongoing cases. We reiterate that|
|||||||the number ofclients does not necessarily|
|||||||mirror how busy we have been.
One client|
|||||||having complicated
debts can absorb more|
|||||||working hours than several 'straightforward'|
|||||||clients put together.|
|||||||In common
with every organisation,
the|
|||||||Coronavirus
pandemic
changed our working|
|||||||practices.
Face-to-face meetings
were replaced|
|||||||with Zoom video calls and office working was|
|||||||moved to home working.
All records were|
|||||||transferred
to on-line as access to paper files|
|||||||was replaced with pdfs. Consequently,
as|
|||||||people grappled
with the pandemic
the|
|||||||number oftotal hours spent in client|
|||||||appointments
fell to a low of15(202020/21j.|
|||||||However, over 1,220 (1,025 2020/21) emails|
|||||||were exchanged over client debts, with some|
|||||||emails having multiple
layers behind them.|
||||||||||||||||||||||'||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||||||||~|~|~||||||'I||||||||||||||||
|||||||||||||||||||||||||||||~||'|~||||||||||||||
|||||||||||||||||||||||~|||||~|~||~|||||||||||||||
||||||||||||||||||I||'|~|I||||||||||||||||||||||||
||||||||||||||||||||||'||||||||||||||||||||||||
|||||||||||||||||||||~||||~|||||||||||||||||||||
|||||||||||||||||||||||||||||~|||\|~|||||||||||||
||||||||||||||||||||||||||||||||||||||'||||||||
|||||||||||||||||||||||||||||||||||~|||||~||||||
|||||||||||||||||||||||||||||||~|||~|~|||||||||||
|||||||||||||||||||||||||||||||||||~-|||||||||||
||~||~,|~||~||||~||~|||||||||||||||||||||||||||||||||
|||"~|||||||||||||||||||||||||||||||||||||||||||
||||~||||||||||||||||||||||||||||||||||||||||||
|||||~|||~||~||~||||||||||||||||||||||||||||||||||
|||||||||||||||||||||||||||||||||||||||||||~||~|
|I|~||~|||||||||~|~|~|~||||||||||||||||||||||||||||||
|||||||~|~|||~||||||||||||||||I|~||||||||||||||||||
||||||||||||||||||~|||s|~|- ~||'||~||||o|~||||~||||||||||
|~|||~|~|||||||||||||||||||||||||||||||||||||||||
|~|||~||~||||||||||||||||||||||||||||||||||||||||
|||~|~|~|||||||||||||||||||||||||||||||||||||||||
||||||||||||||||||||~||~,||||~||||||||||||||||||||
|~|||~|~||||~|||~|||||~|||||||||||||||||||||||||||||
||||||||||||||||||||||~|||~|||||||||||||||||||||
|||||||||||||||||||||||~|~||||||~|||~||~||~||||~|||||
||||||||||||||||||||||||||||||~|~||~|'|~||||~|||||~||
|||||||||||||||||||||||~|~|'|'||~||.||I||~|||||~ '|||||~||
|||||||||||||||||||~||~|||||~|'||~|~||||||||||||||||
|||||||||||||||||||||||||~|||||~||||||||||||~|~|||
##
||SORP reference||
|---|---|---|
|||SDA started the year with nine clients|
|Summary
ofthe main
achievements
ofthe charity,
identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.|Para 1.20|(eight 2020/21), we took on a further
twenty
new clients during the year (seven
2020/21), 13ofwhom were opened and
closed in the period (two 2020/21) leaving
a client position at the period end of
sixteen (nine 2020/21) managing
a total
debt of8312,730. During 2021/22
creditors agreed to write off unpayable
debts off20,108,thereby freeing clients|
|||from guilt, worry and stress, helping|
|||them to re-establish
a stable, fruifful and|
|||fulfilling
life.|
|Achievements
against|Para 1.41|
|---|---|
|objectives set||
|Performance
offundraising||
|activities against objectives|Para i 41|
|set||
|Investment
performance|Para 1.41|
|against objectives||
|Other||
##
|Financial
Review|Financial
Review|||||||||
|---|---|---|---|---|---|---|---|---|---|
|Review ofthe charity's
financial
position at the
ofthe period||end|Para 1.21|The charity's costs for the
its Income but the Trustees
that the reserves combined||||year exceeded
are positive
with future||
|||||grants
will|enable||itto continue||into the|
|||||future.||||||
|Statement
explaining
the
policy for holding
reserves
stating
why they are held|||Para 1.22|The charity's
currently
policy on reserves
is to ensure there are sufficient funds to
meet the essential costs for the following||||||
|||||year.||||||
|Amount ofreserves|held||Para 1.22|11974||||||
|Reasons for holding|zero||Para 1.22|n/a||||||
|reserves||||||||||
|Details of fund materially||in|Para 1.24|No funds were in|||deficit|||
|deficit||||||||||
|Explanation
ofany|||Para 1.23|No concerns||||||
|uncertainties
about the||||||||||
|charity continuing
as|a going|||||||||
|concern||||||||||
|Additional
information||(optional)||||||||
|You ma
choose to include further statements||||where relevant||about||||
|||||A grant from||a local charity,||the Harenc||
|The charity's
principal||||Community
Trust, helped to continue to
fund the admin assistant.||||||
|sources offunds
(including
any fundraising)|||Para 1.47|A grant from another local body, William
Kendall's
Charity,
provided
funds for||||||
|||||training||||||
|||||A grant was|obtained
from the National|||||
|||||Lotte
to hei||fund
art-time staff.||||
|Investment
policy and||||||||||
|objectives
including
any|||Para 1.46|||||||
|social investment
policy||||||||||
|adopted||||||||||
|A description
ofthe principal|||Para 1.46|||||||
|risks facing the charity||||||||||
|Other||||||||||
##
|Description
ofcharity's||||||||
|---|---|---|---|---|---|---|---|
|trusts:||||||||
|Type ofgoverning
document||Para 1.25|Constitution|||||
|(trust deed, royal charter)||||||||
|How is the charity
constituted?||Para 1.25|Charitable||Incorporated|Organisation||
|(e.g unincorporated||||||||
|association,
CIO||||||||
|Trustee selection methods
including
details of any||Para 1.25|Appointed||by existing Trustees|||
|constitutional
provisions
election to post or name|e.g.
of|||||||
|any person or body entitled||||||||
|to appoint one or more||||||||
|trustees||||||||
|Additional
information|(optional)|||||||
|You ma
choose to include further statements|||where relevant||about:|||
|Policies and procedures||||||||
|adopted
for the induction|and|Para 1.51||||||
|training
oftrustees||||||||
||||The charity|is affiliated to the national||||
|The charity's
organisational|||money advice charity Community
Advice||||Money|
|structure
and any wider||Para 1.51||||||
|network
with which the||||||||
|charity works||||||||
|Relationship
with any related||Para 1.51||||||
|parties||||||||
|Other||||||||
##
|Refer|ence an|d A|dmini|strative|details|
|---|---|---|---|---|---|
|Charit|name|||Sidcu|Debt Advice|
|Other name the charit|||uses|||
|Re istered chari||number||1169856||
|Charity's|principal|address||24 Station Road||
|||||Sidcup||
|||||Kent||
|||||DA15|?DU|
|Name|s ofthe cha|rity trust|ees
who manage the|charity||||
|---|---|---|---|---|---|---|---|
||Trustee name
Mr Michael|John|Office (ifany)
Chair|Dates acted Ifnot for whole
ear|Name
to a|ofperson (or body) entitled
oint trustee
if an||
||Conway|||||||
||Mr Charles|Edward|Treasurer/Secretary|||||
||January|||||||
||Mr Michael|Pinnard||||||
||Mr Paul William|||12/07/2021||||
||Hurren|||||||
|5||||||||
|6||||||||
|7||||||||
|8||||||||
|9||||||||
|10||||||||
|11||||||||
|12||||||||
|13||||||||
|14||||||||
|15||||||||
|16||||||||
|17||||||||
|18||||||||
|19||||||||
|20||||||||
##
##
##
##
##
##
|Chart ofAc|counts:|||D|efault Layout ofAcco|unts|||
|---|---|---|---|---|---|---|---|---|
||||||Period||Year to Date||
|Sales|||||||||
|Donations|||||0.00||5.00||
|Grants|||||0.00||4,670.00||
|Other Income|||||0.00||52.55||
|||||||0.00||4,727.55|
|Purchases|||||||||
|Cost of Charitable
Activities|||||0.00||120.00||
|||||||0.00||120.00|
|Direct Expenses|||||||||
|||||||0.00||0.00|
|Gross Profit/(Loss):||||||0.00||4,607.55|
|Overheads|||||||||
|Support Costs|- Printing|and Stationery|||0.00||80.49||
|Support Costs|- Telephone||and Computer||479.00||702.87||
|Support Costs|- General|Expenses|||0.00||2,058.70||
|Management
Management|8r Admin
IAdmin|- Gross Wages
- Professional||Fees|416.25
0.00||4,673.75
35.00||
|||||||895.25||7,550.81|
|Net Profit/(Loss):||||||(895.25)||(2,943.26)|
##
|Chart ofAccounts:
D|efault Layout ofAcco|unts|||
|---|---|---|---|---|
||Period||Yearto Date||
|Fixed Assets|||||
|||0.00||0.00|
|Current Assets|||||
|Bank Account|0.00||11,974.09||
|||0.00||11,974.09|
|Current Liabilities|||||
|Bank Account|895.25||0.00||
|||895.25||0.00|
|Current Assets less Current Liabilities:||(895.25)||11,974.09|
|Total Assets less Current Liabilities:||(895.25)||11,974.09|
|Long Term Liabilities|||||
|||0.00||0.00|
|Total Assets less Total Liabilities:||(895.25)||11,974.09|
|Capital tk Reserves|||||
|Funds|0.00||14,917.35||
|P ik LAccount|(895.25)||(2,943.26)||
|||(895.25)||11,974.09|