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2023-03-31-accounts

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
Notes 6 6 8 6 6
Income and endowments from
Donations
and
legacies 225 5,000 5,225 18,092 50 18,142
Income from
charitable
activities
124,859 2,439,218 2,564,077 721,321 1,565,615 2,286,936
Investments 8,008 8,008 782 782
Other income 21,003 21,003 4,089 560 4,649
Total income 154,095 2,444,218 2,598,313 744,284 1,566,225 2,310,509
Ex~ni lire on:
Expenditure
on
charitable
activities
235,873 1,931,759 2,167,632 557,859 1,516,082 2,073,941
Net (outgoing)/incoming
resources before
transfers (81,778) 512,459 430,681 186,425 50,143 236,568
Gross transfers
between
funds
29,320 (29,320) 8,731 (8,731)
Net (outgoing)/incoming
resources (52,458) 483,139 430,681 195,156 41,412 236,568
Other recognised gains and losses
Revaluation
of
tangible
fixed assets
(15,900) (15,900)
Net movement In funds (52,458) 483,139 430,681 179,256 41,412 220,668
Fund balances at 1 April
2022 1,964,526 106,588 2,071,114 1,785,270 65,176 1,850,446
Fund balances at 31
March 2023 1,912,068 589,727 2,501,795 1,964,526 106,588 2,071,114

Notes 2023
f
2023
f
2022
6
Fixed assets
Tangible assets 12 262,500 430,000
Current assets
Debtors
Cash at bank and in
hand 13 281,522
2,640,917
192,996
2,853,977
Creditors: amounts falling due within 2,922,439 3,046,973
one year 14 (653,144) (1,375,859)
Net current assets 2,269,295 1,671,114
Total assets less current liabilities 2,531,795 2,101,114
Provisions for liabilities (30,000) (30,000)
Net assets 2,501,795 2,071,114
Income funds
Restricted funds
Unrestricted
funds
17 589,727 106,588
Designated
funds
General
unrestricted
Revaluation
reserve
funds 18 1,615,821
25,312
270,935
1,750,031
80,675
133,820
1,912,068 1,964,526
2,501,795 2,071,114
The financial statements were approved by the Trustees on 13December 2023
JCrockett (Chair) Q.n ./V„~.l
SHandscomb
Trustee Trustee

2023 2022
8
Development &engagement, financial capability and general &debt advice 2,564,077 2,286,936
Analysis by fund
Unrestricted funds 124,859 721,321
Restricted funds 2,439,218 1,565,615
2,564,077 2,286,936
Investments
Unrestricted
Unrestricted
funds funds
2023 2022
8 8
Interest receivable 8,008 782

Unrestricted Unrestricted Restricted Total
funds funds funds
2023 2022 2022 2022
8 6 8 8
Other income 21,003 4,089 560 4,649

2023 2022
6
Staff costs
Premises costs
Staff and Volunteers
Office costs
Professional/consultancy
Other Direct Costs
Payments
to partners
and fees
subcontractors
1,624,272
53,975
4,272
72,305
34,162
2,036
16,000
1,594,652
38,639
4,912
43,449
14,959
135
29,171
1,807,022 1,725,917
Share ofsupport costs (see note 8)
Share ofgovernance
costs (see note 8)
334,587
26,023
309,917
38,105
2,167,632 2,073,939
Analysis
by fund
Unrestricted
funds
Restricted funds
235,873
1,931,759
557,859
1,516,082
2,167,632 2,073,941
Supportcosts
Support
costs
Governance
costs
2023 Support
costs
Governance
costs
2022
6 6 6
Staff costs
Depreciation
Premises costs
Staff and Volunteer
Office Costs
Costs 186,169
38,366
11,857
98,195
186,169
38,366
11,857
98,195
169,527
9,100
47.262
2,394
81,635
169,527
9,100
47,262
2,394
81,635
Legal and professional
Other Governance
Costs
24,620
1,403
24,620
1,403
34,982
3,123
34,982
3,123
334,587 26,023 360,610 309,918 38,105 348,023
Analysed
between
Charitable
activities
334,587 26,023 360,610 309,918 38,105 348,023

The average
monthly
number ofemployees
during the ye
ar was:
2023 2022
Number Number
Advice workers &support staff 68 69
Key management
personnel
8 4
Total 76 73
Employment
costs
2023 2022
6 f
Wages and salaries
Social security costs
Other pension costs
1,611,108
136,483
62,850
1,588,809
126,944
48,426
1,810,441 1,764,179
2023 2022
Number Number

Tangible fix ed asset s
Freehold land and buildingsf
Cost or valuation
At 1 April 2022 430,000
Disposals (167,500)
At 31 March 2023 262,500
Depreciation charged in the year 12,700
Eliminated
in
respect ofdisposals (12,700)
Carrying
amount
At 31 March 2023 262,500
At 31 March 2022 430,000
Debtors
2023 2022
Amounts
falling due
within one year: 8 6
Trade debtors 124,989 53,393
Other debtors 59,217 64,753
Prepayments and accrued income 97,316 74,850
281,522 192,996
Creditors: amounts falling due within one year
2023 2022
Notes 6 6
Other taxation and social security 24,510 25,845
Deferred income 16 73,418 62,576
Trade creditors 522,673 1,174,580
Other creditors 3,908 1,223
Accruals and deferred income 28,635 111,635
653,144 1,375,859

Provisions for liabilities 2023 2022
6 6
Dilapidations 30,000 30,000
Movements on provisions:
Dilapidations
6
At 1 Apiil 2022 and 31 March 2023 30,000
16 Deferred income
2023 2022
f.
Arising from Income received in advance 73,418 62,576
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Balance at Transfers Balance at Transfers Balance at
1April 2021 1April 2022 31March 2023
5 f
Freehold
property
Reserves policy
Digital Development
Transform ation
Digital inclusion
officer
317,980
600,884
30,000
15,000
30,000
199,664
21,000
(30,000)
317,980
800,548
30,000
36,000
(317,980)
98,774
6,000
899,322
30,000
42,000
Volunteer
co-ordinator
Workforce development
Health &well being
MaPS Recomissioning
30,000
40,000
15,000
160,000
3,000
(160,000)
30,000
40,000
18,000
(30,000)
(30,000)
10,000
18,000
DMBC One Voluntary
Sector Contract
Black Country
Macmillan
Sale of Snowhill
& Bilston
Recruitment
Drive
Cost of living hubs
WCC Tender
Victoria Street Set up Costs
Victoria Street Running
Costs
Advice Role Uplifts
Legal Aid - Housing
115,000
113,000
1,000
(74,087)
37,000
94,379
10,000
181,211
116,000
38,913
37,000
94,379
10,000
181,211
(17,000)
30,737
(27,000)
(94,379)
(10,000)
(27,357)
20,000
69,000
154,995
40,000
99,000
69,650
10,000
153,854
20,000
69,000
154,995
40,000
1,466,864 283,167 1,750,031 (134,210) 1,615,821

2023 2022
6 6
Within one year
Between two and five years
In over five years
17,591
69,304
9,411
774
16,000
102,895 10,185