|Trustees||||Isobel Mills|(Chair)||
|---|---|---|---|---|---|---|
|||||Alison Lowe|(Vice Chair)||
|||||Laura Walker|(Treasurer)|(Elected 22/11/2022)|
|||||Nigel Turner|(Resigned as Treasurer 22/11/2022)||
|||||Patrick Grant|(Elected 22/11/2022)||
|||||Richard Balfe|||
|||||Richard Brook|(Elected 22/11/2022)||
|||||Rebecca Dearden|||
|||||Ryk Downes|||
|||||Dr Kenneth
Patterson|||
|Key Management|||Personnel|Dianne Lyons|Chief Executive||
|||||Badamkhand
Palmer|Finance Manager||
|||||Julie Balfour|Specialist Services Director||
|||||Marie Mooney|Advice Services Director||
|Company||secretary||Dianne Lyons|||
|Charity|number|||700314|||
|Company||number||02228358|||
|Registered||office||Oxford House|||
|||||Oxford Row|||
|||||Leeds|||
|||||LS1 3BE|||
|Auditor||||Azets Audit Services Limited|||
|||||33 Park Place|||
|||||Leeds|||
|||||LS1 2RY|||
|Bankers||||Unity Trust Bank pic|||
|||||4 Brindleyplace|||
|||||Birmingham|||
|||||B1 2HB|||
|||Page|
|---|---|---|
|Trustees'
report||1-6|
|Statement
ofTrustees'|responsibilities||
|Independent
auditor's|report||
|Statement
offinancial|activities||
|Balance sheet||12|
|Statement
ofcash flows|||
|Notes to the financial|statements|14-26|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||2023|2023|2023|2022|
|||Notes||E|F||
|Income from:|||||||
|Donations
and legacies|||372||372|346|
|Charitable
activities||3|1,659,524|857,843|2,517,367|2,396,919|
|Investments|||2,772||2,772|2,231|
|Total income|||1,662,668|857,843|2,520,511|2,399,496|
|Ex enditure on:|||||||
|Charitable
activities||4|(1,639,786)|(858,739)|(2,498,525)|(2,319,406)|
|Total charitable
expenditure|||1,639,786|858,739|2,498,525|2,319,406|
|Net income/(expenditure)|before transfers||22,882|(896)|21,986|80,090|
|Gross transfers
between|funds||(896)|896|||
|Net movement
in funds|||21,986||21,986|80,090|
|Opening
fund balances||15|675,019||675,019|594,929|
|Closing fund balances||15|697,005||697,005|675,019|
##
|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Intangible assets|||9||3,240||4,536|
|Tangible assets|||10||136,597||156,201|
||||||139,837||160,737|
|Current assets||||||||
|Debtors||||26,439||52,747||
|Cash at bank|and in|hand||735,151||738,114||
|||||761,590||790,861||
|Creditors: amounts||falling due within||||||
|one year|||12|(204,422)||(276,579)||
|Net current assets|||||557,168||514,282|
|Total assets|less current liabilities||||697,005||675,019|
|Income funds||||||||
|Unrestricted|funds -|general|15||697,005||675,019|
||||||697,005||675,019|
##
||||||||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|||||||
|Cash flows from operating||||activities||||||||
|Cash (absorbed||by)/generated||from|18|||||||
|operations||||||||(5,735)|||137,254|
|Investing|activities|||||||||||
|Investment|income received|||||2,772|||2,231|||
|Net cash|generated
from||investing|||||||||
|activities||||||||2,772|||2,231|
|Net cash|used|in financing||activities||||||||
|Net (decrease)/increase|||in|cash and|cash|||||||
|equivalents||||||||(2,963)|||139,485|
|Cash and|cash|equivalents|at beginning||ofyear|||738,114|||598,629|
|Cash and|cash|equivalents||at end of|year|||735,151|||738,114|
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|||||2023f|2022|
|---|---|---|---|---|---|
|Leeds Advice Service contract||||1,035,973|982,733|
|Leeds Advice Service contract -||sub contracted|services|450,102|428,352|
|Money and Pensions Service -||Debt Advice Project||165,794|293,432|
|Money Advice Service - Trainee|||||29,146|
|Day One Outreach|Services - Leeds Cares||||8,319|
|Help to Claim||||453,354|270,347|
|NHS West Yorkshire|Integrated|Care Board||90,000|90,000|
|PensionWIse||||45,032|114,609|
|Northern
Powergrid||||175,663|139,981|
|Yorkshire
Building Society referral service||||18,000|15,000|
|Other Income||||83,449|25,000|
|||||2,517,367|2,396,919|
|Analysis
by fund||||||
|Unrestricted
funds - general||||1,659,524|1,526,085|
|Restricted
funds||||857,843|870,834|
|||||2,517,367|2,396,919|
##
##
|||||Charitable|Charitable|
|---|---|---|---|---|---|
|||||activities|activities|
|||||2023|2022|
|Staff costs||||1,605,835|1,474,872|
|Depreciation
and|impairment|||20,900|20,900|
|Insurance||||6,597|6,946|
|Telephone||||17,928|20,876|
|Office expenses,|stationery||and postage|10,426|10,785|
|Premises||||162,583|150,249|
|Repairs and maintenance||||14,726|50,017|
|Equipment||||18,263|14,197|
|Training
and conferences||||11,839|13,365|
|Interpreting
costs||||22,248|17,089|
|Information,
referencing||and|subscriptions|20,867|17,555|
|Travel and care expenses||||7,408|2,443|
|Professional fees||||3,123|2,867|
|Employer
related|costs and||recruitment|22,598|16,530|
|Subcontracted
advice work||||450,102|459,352|
|Bank charges||||894|913|
|||||2,396,337|2,278,956|
|Grants to individuals||||70,385|11,822|
|Share ofsupport|costs (see||note 5)|20,685|19,593|
|Share ofgovernance
costs (see note 5)||||11,118|9,035|
|||||2,498,525|2,319,406|
|Analysis
by fund||||||
|Unrestricted
funds - general||||1,639,786|1,466,552|
|Restricted
funds||||858,739|852,854|
|||||2,498,525|2,319,406|
##
|5|Support costs|Support costs||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Support||Governance|2023|Support|Governance|2022|
||||||costs||costs||costs|costs||
|||||||F||E|F|||
||Staff costs||||20,685|||20,685|19,593||19,593|
||Audit fees||||||7,800|7,800||6,240|6,240|
||Accountancy||||||2,520|2,520||2,340|2,340|
||Governance|and||AGM||||||||
||costs||||||798|798||455|455|
||||||20,685||11,118|31,803|19,593|9,035|28,628|
|6|Auditor's
remuneration|||||||||||
||The analysis|of|auditor's||remuneration|net ofVAT is as||follows:||||
|||||||||||2023|2022|
||Audit ofannual||accounts|||||||6,500|5,200|
||Non-audit services|||||||||||
||All other non-audit|||services||||||2,100|1,950|
##
##
|Number ofemploye
The average
monthly|es
number
ofemployees
during the year|was:||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|||68|58|
|Employment
costs||2023|2022|
|Wages and salaries||1,419,657|1,288,491|
|Social security costs||124,597|107,402|
|Defined benefit scheme contributions|||34,187|
|Defined contribution|scheme|82,266|64,385|
|||1,626,520|1,494,465|
||The numb
were:|er|of employees
whose annual
remuneration
was|F60,000 or more||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Number|Number|
||F60,000-|F70,000||1||
|9|Intangible|fixed assets||||
||||||Software|
||Cost|||||
||At 1 April|2022 and 31 March 2023|||6,480|
||Amortisation||and impairment|||
||At 1 April|2022|||1,944|
||Amortisation||charged for the year||1,296|
||At 31 March||2023||3,240|
||Carrying|amount||||
||At 31 March||2023||3,240|
||At 31 March||2022||4,536|
##
|10|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|
||||Leasehold|Computers|Total|
||||improvements|||
||Cost|||||
||At 1 April 2022||175,176|10,431|185,607|
||At 31 March 2023||175,176|10,431|185,607|
||Depreciation
and impairment|||||
||At 1 April 2022||26,277|3,129|29,406|
||Depreciation
charged|in the year|17,518|2,086|19,604|
||At 31 March 2023||43,795|5,215|49,010|
||Carrying
amount|||||
||At 31 March 2023||131,381|5,216|136,597|
||At 31 March 2022||148,899|7,302|156,201|
|11|Debtors|||||
|||||2023|2022|
||Amounts
falling due|within one year:||||
||Trade debtors||||4,481|
||Prepayments
and accrued income|||26,439|48,266|
|||||26,439|52,747|
|12|Creditors: amounts|falling due within one year||||
|||||2023|2022|
||||Notes|||
||Other taxation and social security|||29,175|31,506|
||Deferred income||13|41,153|55,416|
||Trade creditors|||4,779|16,037|
||Other creditors|||2,473|3,908|
||Accruals|||126,842|169,712|
|||||204,422|276,579|
##
|Deferred income|2023|2022|
|---|---|---|
|Brought forward|55,416|68,026|
|Released
in the year|(55,416)|(62,437)|
|Deferred
in the year|41,153|47,133|
|Carried forward|41,153|55,416|
##
|||||Movement|in funds||
|---|---|---|---|---|---|---|
|Current|year|Balance at 1|Incoming|Resources|Transfers|Balance at 31|
|||April 2022|resources|expended||March 2023|
|||||f'|||
|Money and Pensions Service|||||||
|Debt Advice Project|||165,794|(165,710)|(84)||
|Northern|Powergrid||175,663|(175,663)|||
|Pensionwise|||45,032|(45,673)|641||
|Help to Claim|||453,354|(453,653)|299||
|Yorkshire|Building Society||18,000|(18,040)|40||
||||857,843|(858,739)|896||
##
##
##
##
##
##
|||||||Movement
in|funds||
|---|---|---|---|---|---|---|---|---|
|Prior year|||Balance at 1||Incoming|Resources|Transfers|Balance at 31|
||||April|2021|resources|expended||March 2022|
||||||f.|f.|||
|Money and Pensions Service||||5,979|293,432|(275,438)|(23,973)||
|MaPS Trainee|||||29,146|(29,146)|||
|Northern|Powergrid|||1,354|139,981|(139,969)|(1,366)||
|Pension Wise|||||114,609|(114,609)|||
|Help to Claim|||||270,347|(270,347)|||
|Yorkshire|Building Society||||15,000|(15,000)|||
|Day One|Outreach service-||||||||
|Leeds Cares||||225|8,319|(8,345)|(199)||
|Other restricted||funds||1,831|||(1,831)||
|||||9,389|870,834|(852,854)|(27,369)||
|Analysis|of net assets between||funds||||||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds||
|||||||2023|2023|2023|
|||||||f|f||
|Fund balances||at 31 March 2023|are represented||by:||||
|Intangible|fixed|assets||||3,240||3,240|
|Tangible|assets|||||136,597||136,597|
|Net current assets||||||557,168||557,168|
|||||||697,005||697,005|
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds||
|||||||2022|2022|2022|
|||||||f|f||
|Fund balances||at 31 March 2022|are represented||by:||||
|Intangible|fixed|assets||||4,536||4,536|
|Tangible|assets|||||156,201||156,201|
|Net current assets||||||514,282||514,282|
|||||||675,019||675,019|
##
##
|non-cancellable
operating
leases, which
fall due as follow|s:||
|---|---|---|
||2023|2022|
|Within one year|77,959|78,676|
|Between two and five years|169,898|221,219|
|In over five years|51,058|77,696|
||298,915|377,591|
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|18|Cash generated
from operatio|ns||||2023|2022|
||Surplus for the year|||||21,986|80,090|
||Adjustments
for:|||||||
||Investment
income recognised|in statement||offinancial|activities|(2,772)|(2,231)|
||Depreciation
and impairment
oftangible||fixed assets|||20,900|20,900|
||Movements
in working
capital:|||||||
||Decrease/(increase)
in debtors|||||26,308|(14,651)|
||(Decrease)/increase
in creditors|||||(57,894)|65,756|
||Decrease
in deferred
income|||||(14,263)|(12,610)|
||Cash (absorbed
by)/generated|from|operations|||(5,735)|137,254|
|19|Analysis ofchanges
in net funds|||||||
||The charity had no debt during|the current||or previous|year.|||
##
##
|Comparative
Sta|te|ment|of Financial Activities||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2022|
|||||general|||
|Income from:|||||||
|Donations
and legacies||||346||346|
|Charitable
activities||||1,526,085|870,834|2,396,919|
|Investments||||2,231||2,231|
|Total income||||1,528,662|870,834|2,399,496|
|Ex enditure
on:|||||||
|Charitable
activities||||1,466,552|852,854|2,319,406|
|Total expenditure||||1,466,552|852,854|2,319,406|
|Net income/(expenditure)|||before transfers|62,110|17,980|80,090|
|Gross transfers|between||funds|27,369|(27,369)||
|Net income for|the year|||89,479|(9,389)|80,090|
|Other recognised||gains|and losses||||
|Net movement|in funds|||89,479|(9,389)|80,090|
|Fund balances at 1||April|2021|585,540|9,389|594,929|
|Fund balances|at|31 March 2022||675,019||675,019|