2023-03-31-accounts

Index		Page	Page
Report ofthe	Irusteos	I	to	8
Independent	Examiners Report		9
Statement of	Financial Activities		10
Balance Sheet			11
Statement of	Cash Flows		12
Notes to the	Financial Statements	13	to	20

Stephen Bahooshy	Chair (appointed 25 October 2023)
Cillian Lyons	Treasurer
Davina Hehir	Vice Chair
James Daglish
Pat KnIght
Homer Taylor
Cheryl Cower
Carolyn Dealey	(appointed 17 May 2023)
Frances McDonnell	(appointed 17 May 2023)
Richard Khan	(appointed 17 May 2023)

Help Accessing Legal	A projectto improve and sustain access to	Greater London
Support (HALS)	early legal advice and avoid unnecessarycourt	Authority (GLA)
	proceedings.

	Notes	Unrestricted	Designated	Restricted	Total Funds
		Funds	Funds	Funds	2023	2022
		£	£	£	£	£
INCOME
Donations	2	785			785	996
Charitable activities	3	319,893		190,261	510,154	476,593
Investments	4	704			704
TOTAL INCOME		321,382		190,261	511,643	477,589
EXPENDITURE
Fund raising	5
Charitable activities	6	286,565	-	206,851	493,416	475,165
10[AL LXPLNDIIURL		286,585		208,851	‘193,4l~	‘178,188
NE I INCOMEI(EXPENDITURE)		34,817	-	(16,590)	18,227	2,424
OTHER GAINS AND LOSSES
ii Lrr~.irir~rii of ii~.[
defined benefit liability	23	604,000	-	-	604,000
Transfer between funds	17	(23,252)	-	23,252	-
NET MOVEMENT OF FUNDS		615,565	-	6,662	622,227	2,424
Total funds broughtforward	17	(506,922)	248,496	-	(258,426)	(260,850)
Total funds carried forward	17	108,643	248,496	6,662	363,801	(258,426)

CROYDON CITIZENS ADVICE BUREAUX LIMITED
Company No. 02197919
Balance Sheet
as at 31 March 2023	Note	2023		2022
		£	£	£
Fixed Assets
Tangible Assets	13		-	4,569
CurrentAssets
Debtors	14	72,421		30,234
Cash held as investment	15	-		76,114
Cash at bank and in hand		347,564		278,625
		419,985		384,973
Creditors: amounts falling due within one year	16	56,184		19,968
Netcurrent assets				365(105
lotal assets less current liabiiit~es			363,801	369,5/4
Provision fordefined benefit pension liability	23		-	(628,000)
NetAssets			363,801	(258,426)
Unrestricted funds
General funds	17		108,043	(506,022)
Designated funds	17		248,496	248,496
Restricted funds	1 /		6,662	-
lotal 1-unds			363801	(258426)

CROYDON CITIZENS ADVICE BUREAUX LIMITED Statement of Cash Flows forthe year ended 31 March 2023
	2023	2022
	£	£
Net cash provided by (used in) operating activities (Note 19)	(7,879)	(2,130)
Cash flows from investing activities
Investment income	704
Purchase offixed assets
Cash provided by (used in) investing activities	704
Increase (decrease) in cash and cash equivalents atthe end ofthe year	(7,175)	(2,130)
Cash and cash eqLlivalents atthe beginning ofthe year	354,739	356,869
Cash and cash equivalents atthe end ofthe year	347,564	354,739
Reconciliation to cash and cash equivalents atthe end ofthe year per the Balance sheet:
Cash hold as invostment	-	76,114
Cucii at bunk and In hand	341,564	2/8,625
Total cash and cash equivalents at the end ofthe year per the Balance sheet	347,564	354,739
There are no cash and cash equivalent balances that are notavailable for use by the company.

				2023		2022
		Note	Unrestricted	Restricted	Total	Total
2	DONATIONS		£	£	£	£
	Sundry donations		785		785	996
			785	-	785	996
3	CHARITABLE ACTIVITIES		£	F	F	£
	Croydon Council - Local GovernmentGrant		333,000	-	333,000	313,975
	M~cmill~n [3~n~fit~ ~clvic~ ~rvic~		-	88,223	88,223	74,554
	Universal Credit					55,409
	Irust F-or London		-	41,302	41,302	29,625
	GLA		-	24,000	24,000
	Access to Justice		-	36,736	36,736
	The London Community Foundation		4,555	-	4,555
	Citizens Advice		(28,171)	-	(28,171)
	DWP Access To Work Grant		10,509	-	10,509	3,030
			319,893	190,261	510,154	476,593
4	INVESTMENTS		£	£	£	£
	Bank interest		/04	-	/04
5	FUND RAISING EXPENDITURE		£	£	£	£
	Support cost allocation	8
6	CHARITABLE ACTIVITIES EXPENDITURE		£	£	£	£
	Direct staff costs		‘183,581	‘124,548	,308,129	.~05,48/
	Direct professional fees (legal aid work)		19,821	14,612	34,433	34,212
	Otherdirect costs		-	5,350	5,350	2,362
	Governance costs	7	6,808	5,237	12,045	7,452
	Support cost allocation	8	76,355	57,104	133,459	125,652
	Finance costs	23
			286,565	206,851	493,416	475,165

or	the year ended 31 March 2023
				2023		2022
		Note	Unrestricted	Restricted	Total	Total
7	GOVERNANCE EXPENDITURE		£	£	£	£
	Independentexaminer		1,356	1,044	2,400	2,310
	Trustee expenses	12
	Legal & professional fees		5,452	4,193	9,645	5,142
	Support cost allocation	8
			6,808	5,237	12,045	7,452
8	SUPPORT COSTS EXPENDITURE		£	£	£	£
	Staff costs	11	40,12q	31,01~	71,148	63,006
	Staff and volunteer expenses		3,717	2,891	6,608	5,296
	Preinisos arid eslablisliirieiil costs		13,985	11,071	25,056	27,944
	OfFice aclinil Iisiratioi I cosis		18,524	12,123	30,647	29,308
	Othersupport costs					98
			76355	57,104	133,459	125,652
	Allocated to:		£	£	£	£
	Fund raising	5
	Charitable activities	6	76,355	57,104	133,459	125,662
	Governance	7
			76,355	57,104	133,459	125,052

	2023	2022
NET INCOML~I(~XPhNDI IURb)	£
This is stated after charging:
Independent examiner’s remuneration	2,400	2,310
Operating leases - Premises	22,500	22,500
Operating leases - Equipirierit	1,944	1,944
Pensions - defined contribution	14,160	13,243
Depreciation	4,569	4,562

es to the Financial Statements (Continued) he year ended 31 March 2023
	Note	2023	2022
STAFF COSTS		£	£
Salaries and wages		337096	328,686
Social security costs		28,021	26,564
Pensions - defined benefit
Pensions-defined contribution		14,160	13,243
Redundancy
		379,277	368,493
Staff costs are analysed as:
Direct staff costs	6	308,129	305,487
Support staff costs	8	71,148	63,006
		379,277	368,’103
No employee received emoluments of more than £60,000 (2022: Nil).
The remuneration of key managementpersonnel was £66,461 (2022: £66,163)
I lie averege number of employees during the year was
Full time employees		9	9
Part time employees		3	4
		12	13
The full time equivalent posts at the end of the financial	yearwas
Charitable purpoee~		0.1	10.1
Management and administration		1.4	1.4
		10.5	11.5
TRUSTEE EXPENSES		£	£
Travel coa[~ reiiribuised		-	-
Other costs
No Trustees were reirribursed for expenses in the year (2022: none).
No Trustee received any remuneration orfees for professional services (2022: none)
FIXED ASSETS
		Equipment
Cost		£	£
Balance brought forward		13,689	13,689
Acquired during the year		-	-
Balance at 31 March 2023		13,689	13,689
Depreciation
Balance broughtforward		9,120	4,558
Provided during the year		4,569	4,562
Balance at 31 March 2023		13,689	9,120
Net balance
31 March 2023		-	4,569
31 March 2022		4,569	9,131
DEBTORS		£	£
Trade debtors		67,582	25,083
Prepayments		4,839	5,151
		72,421	30,234
There are no debtors due after more than one year.

OYDON CITIZENS ADVICE BUREAUX LIMITED es to the Financial Statements (Continued) he year ended 31 March 2023
					2023	2022
CASH HELD AS INVESTMENT					£	£
Scottish Widows						76,114
Cash at bank not used to meet short term cash commitments
CREDITORS Amounts falling due within one year					£	£
Social security and other taxes
Accruals					0,559	8,161
Deferred Income					44,052	9,875
Other creditors					2,573	1,932
					56,184	19,968
MOVEMEN IS IN FUNDS
Balerice						Balance
1	April	Iricorriing		Ou[goinç~	Ti iri~1~r~	31 March
2022		Resources		Resources		2023
	£		£	£	£	£
Unrestricted funds
General Funds	(506,922)		321,382	(317,435)	(23,252)	108,643
Designated Funds
Wind Up Reserve	138,496					138,496
IT IiilraslxucJure Fund	30,000					30,000
Service Development Fund	50,000					50,000
Premises Fund	30.000					30,000
Subtotal: Designated Funds	248,496					248,496
Total Unrestricted Funds	(258,426)		321,382	(317,435)	(23,252)	35/139
Restricted funds
Macmillan Benefits Advice Services rroject			88,223	01,526	3,303	-
Trust For London	-		41,302	39,215	-	2,087
Greater London Authority			24,000	43,949	19,949	-
Access to Justice Foundation		.	36,736	32,161	-	4,575
	-		190,261	206,851	23,252	6,662
Total balance	(258,426)		511,643	(110,584)	-	363,801

	Balance				Balance
	1 April	Incoming	Outgoing	Transfers	31 March
	2021	Resources	Resources		2022
	£	£	£	£	£
Unrestricted funds
General Funds	(613,786)	318,001	288,729	(22,408)	(500,922)
Designated Funds
Wind Up Reserve	142,936	-	-	(4,440)	138,496
IT Infrastructure Fund	30,000	-	-	-	30,000
Service Development Fund	50,000	-	-	-	50,000
Premises Fund	30,000	-	-	-	30,000
Subtotal: Designated Funds	252,936	-	-	(4,440)	248,496
Total Unrestricted Funds	(260,850)	318,001	288,729	(26,848)	(258,426)
Restricted funds
Macmillan Benefits Advice Services Project	-	74,554	84,327	9,773	-
Universal Credit	-	55,409	55,536	127	-
National Lottery Community Fund	-	29,625	46,573	16,948	-
	-	159,588	186,436	26,848	-
Total balance	(260,850)	477,589	475,165	-	(258,426)

ANALYSIS OF NET ASSETS BETWEEN FUNDS
			2023
	Unrestricted		Restricted	Total
	General	Designated
	£	£	£	£
Fund balance as at 31 March 2023 is represented by
Tangible fixed assets	-
Cash balances	152,512	248,496	(53,444)	347,564
Debtors	12,315	-	60,106	72,421
Current liabilities	(56,184)	-	-	(56,184)
	108,643	248,496	6,662	363,801
RECONCILIAIION OF NEI MOVEMENIS IN FUNDS 10 NEI CASH FLOW FROM		OPERAIINGACIIVIIIES
			2023	2022
			£	£
N~t iiiov~m~nt in Funds			622,227	2,424
oss/(qain) on defined benefit pension scheme (note 23)			(604,000)
Less: employer contributions to defined benefit pension scheme (note 23)			(24,000)
Add: depreciation charge			4,569	4,562
Less: investment income			(704)
Decrease (increase) in debtors			(42,187)	(8,287)
Increase (decrease) in creditors			36,216	(829)
Net cash provided by (used in) operating activities

OPERATING LEASES
		2023		2022
	Property	Equipment	Total	Total
	£	£	£	£
Future minimum lease payments due
within one year	22500	1896	24396	24396
between 1 and 5 years		-	-	24396
more than 5 years
	22,500	1896	24,396	48,792

Net pension liability
	Year to	Year to
	31st March	31st March
	2023	2022
	£	£
As at 1stApril 2022 / 2021	628,000	628,000
Contributions in the year	(24,000)	-
Discharge of obligations by Fund	(604,000)	-
As at 31st March 2023/2022	-	628,000