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2023-03-31-accounts

ACFA Trustee Annual Report

April 2022 – March 2023

Trustees at period ending 31/03/2023

Katherine Tanko – Trustee and Chair (appointed 05.09.2022)

Karen Bowers – Trustee and Vice Chair (appointed 05.12.2022)

Alice Tibbert – Trustee and Secretary (appointed 05.09.2022)

Dr Robert France – Trustee and Treasurer (appointed 05.09.2022)

Frances Begley - Trustee

Michael Harris – Trustee

William Cotterill – Trustee (appointed 05.12.2022)

Governing Document

ACFA: The Advice Network is a Charitable Incorporated Organisation. It was established on 19.12.2019 under a constitution which established the objects, powers and governance of the charity.

Trustee Induction

Trustees who are currently in post are already familiar with the practical work of the charity having been working for a member organisation. They therefore possess familiarity with the advice sector locally and/or nationally. Additionally, all new trustees will be provided with a copy of the constitution of the CIO, a strategic plan and previous minutes of trustee meetings. All trustees are encouraged to attend training related to the obligations and responsibilities of charity trustees.

Organisational Structure

ACFA: The Advice Network has a trustee board (as of 31.03.2023) of 7 members who meet quarterly and are responsible for the strategic direction and policy of the charity. Membership of the CIO is open to anyone who is interested in furthering its purposes. Usually, membership is sought by advice giving agencies working in Bristol, North Somerset, South Gloucestershire (BNSSG) and Bath and Northeast Somerset. There are two categories of membership: Full membership is for non-statutory, not for profit organisations who provide free social welfare

advice and information – for example, advice centres, law centres and Citizens Advice services. Full members receive all member benefits and have the right to vote on ACFA business or policy, such as at ACFA meetings and at our AGM. Affiliate membership is for statutory services, private companies, educational establishments, housing associations who provide free social welfare advice and information. For example, local authority services, private practice and university student advice etc. Affiliate members receive all member benefits but do not have the right to vote on ACFA business or policy, such as at ACFA meetings and at our AGM.

Risk Management

The Trustee Board has conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to sustainability have led to the development of a strategic plan that considers options for development and diversification. Internal control risks are minimised by the implementation of procedures for authorisation of transactions and projects.

The charities purpose is set out in the objects of the organisations constitution:

The promotion of the voluntary advice service sector in Bristol and the surrounding areas for the public benefit by:

 Supporting advice service organisations;

 Encouraging closer working relationship amongst all advice providing organisations;

 Sharing information with members and providing training on a range of issues including technical updates and wider social policy issues;

 Representing the advice sector in Bristol and the surrounding areas to external bodies and in both local and national issues.

The focus of our work

ACFA is not just for specialist organisations that provide advice to the public on social welfare law issues; it is for all voluntary sector and community organisations that provide advice, information and/or support. We are keen to ensure that organisations work together effectively to ensure people get the help they need, when they need it. Our mission is to work in partnership to combat poverty and promote social justice by improving the quality & provision of free, independent advice. ACFA supports advice agencies based in and around Bristol who provide free, independent and confidential advice services. Individually and collectively, ACFA members will be more effective and efficient in order to provide great advice services.

ACFA has five key priorities that have guided its activity throughout the year:

One: Voice

We represent and express the collective views and opinions of the advice sector on matters that are important to them and promote the advice sector to a wide audience.

Two: Sustainability

We work towards ensuring that the advice sector and ACFA enjoy a sustainable future.

Three: Partnership

We encourage and facilitate a collaborative and strategic approach to the funding and delivery of advice services and provide a platform for sharing best practice, exchanging information, knowledge and experience.

Four: Evidence

We facilitate the collating of evidence which illustrates the impact advice has on the communities we serve and the social policy issues the sector has identified through its work. Five: Support

We provide resources and services that help member agencies deliver high quality advice services, and enable sector wide support for common goals.

Main Achievements of 2022/23

After a long period of online members meeting (in response to COVID restrictions), we were able to begin meeting in person together, a great opportunity to network and catch up on organisational changes. Most organisational changes included a number of staffing changes at leadership level. These changes also resulted in a significant shift in ACFA Trustee roles, including Chair of Trustees, Steve Woodcock stepping down from his role as Chair/Trustee and Executive Director at St Paul’s Advice. Another 3 trustees retired their posts and we undertook recruitment to fill these spaces. The trustees recruited and coopted 5 new trustees and the wider membership appointed specific trustees to designated roles of responsibility at the Annual General Meeting, including Katherine Tanko (Director, North Bristol Advice Centre) to the role of Chair of Trustees.

The Board started to seek income from local funders, in order to commission a strategic lead and some administrative cover for the organisation. Although funding was not secured by the end of the financial year, we have some promising prospects and hope to achieve this goal early in FY24.

Plans for 2023/24

After a year of focusing on reconnection of advice agencies and assessing our overall post pandemic service deliveries we’re looking forward to a year of pursuing more collaborative work. Key objectives for the year ahead include:

Sources of funds

ACFA’s income is predominantly self-generated via membership and training fees.

Investment Policy

The charity has maintained a prudent amount in its reserves each year and have previously not invested surplus cash. Trustees are currently reviewing whether there are any suitable opportunities for investment of cash balances held.

Public Benefit

The Trustees have had due regard to the Charity Commission guidance on public benefit in deciding what activities the organisation should undertake and confirm that all the organisation’s activities are undertaken to further our charitable purposes for the public benefit.

Charity Name No (if any)
ACFA: The Advice Network 1187070
Receipts andpayments accounts CC16a
For the period
from
01/04/2022
Period start date
To 31/03/2023
Period end date
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
34
22
660
1,927
-
-
2,643
-
-
-
2,643
1,200
101
1,796
-
1,350
-
719
33
-
5,197
-
-
-
5,197
- 2,555
11,135
8,580
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
34
22
660
1,927
-
-
2,643
-
-
-
2,643
1,200
101
1,796
-
1,350
-
719
33
-
5,197
-
-
-
5,197
- 2,555
Last year
to the nearest £
Savings interest 34 1
EasyFundraising 22 24
TrainingIncome 660 1,120
MembershipFees 1,927 2,200
Test Payments - 3
- -
Sub total(Gross income for
AR)
2,643 3,349
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
3,349
PolicyLibraryupdates 1,200 1,200
Payment Processingcharges 101 42
Website Design & Maintenance 1,796 5,025
Software - 264
TrainingExpenses 1,350 1,300
Publicity - -
MeetingCosts 719 -
Expenses 33 -
Membershiprefunds - 100
**Sub total ** 5,197 7,931
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
7,931
- 2,555 - - - 2,555 - 4,582
- -
11,135 - - 11,135 15,617
8,580 - - 8,580 11,035

CCXX R1 accounts (SS)

29/01/2024

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Current Account Balance
Savings Account Balance
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
914
-
7,666
-
-
-
8,580
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Robert France
Katherine Tanko
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Robert France 29.01.24
Katherine Tanko 29.01.21

CCXX R2 accounts (SS)

29/01/2024

2