2021-03-31-accounts - Nottingham And District Citizens Advice Bureau

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Contents			Page
Report ofthe	Trustees		1-8
Independent	Auditor's	Report	9-11
Statement of	Financial	Activities	12
Balance Sheet			13
Cashflow Statement			14
Notes to the	Financial	Statements	15-28

CHARITY NAME:	CHARITY NAME:	Nottingham and District Citizens Advice Bureau trading as Citizens Advice Nottingham & District	Nottingham and District Citizens Advice Bureau trading as Citizens Advice Nottingham & District	Nottingham and District Citizens Advice Bureau trading as Citizens Advice Nottingham & District	Nottingham and District Citizens Advice Bureau trading as Citizens Advice Nottingham & District	Nottingham and District Citizens Advice Bureau trading as Citizens Advice Nottingham & District
CHARITY REGISTRATION NUMBER:		701259
COMPANY REGISTRATION NUMBER:		2323141 (England		and Wales)
REGISTERED OFFICE AND		16 —18 Maid Marian Way
OPERATIONAL	ADDRESS:	Nottingham
		NG1 6HS
BOARD OF TRUSTEES:		RHodge		Elected	(chair)
		J Mason		Elected
		STaylor		Elected
		P Slocombe		Elected	(Treasurer)
		A Fredericks		Elected
		S Calvert		Elected
		S Payne		Elected
		R Handley		Elected	(appointed	2/8/2021)
CHIEF OFFICER		P Eaton (until 28.2.21)D Cumberlidge (from 1.3.21) (responsible for day to day running ofthe charity)
COMPANY SECRETARY:		G Morrall
SENIOR STATUTORY AUDITOR:		Mrs D J Lockwood		for and	on behalf of
		Haines Watts East		Midlands	Ltd
		10 Stadium	Business Court
		Millennium	Way
		Pride Park
		Derby
		DE24 8HP
BANKERS:		Unity Trust	Bank
		Nine Brindleyplace
		Birmingham
		B1 2HB
SOLICITORS:		Actons Solicitors
		20 Regent Street
		Nottingham
		NG1 5BQ

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			Note
Tangible Fixed Assets
- Leasehold	Improvements				196,548		214,654
- Computer	Equipment				5,955		13,920
Total Fixed	Assets				202,503		228,574
Current Assets
Debtors			12	264,224		105,705
Cash at bank	and in hand			716,263		689,447
Total Current Assets				980,487		795,152
Liabilities:
Creditors falling due within		one year	13	574,215		588 580
Net Current	Assets				406,272		206,572
					608,775		435,146
Pension Scheme deficit			20		(1,596,000)		(965,000)
Net Assets					987,225		529,854
The Funds ofthe Charity:
Unrestricted	funds
General fund	- General (monies available)			578,824		405,195
	- Pension reserve			1,596,000		965,000
					(1,017,176)		(559,805)
Restricted Funds			15		29,951		29,951
Total Charity	Funds

			Notes	2021	2020
Net Cash Flow from Operating		Activities	22	32,783	320,804
Returns on Investments:
Interest Received					2,347
				32,783	323,151
Capital Expenditure	and Financial Investments:
Purchase ofTangible	Fixed Assets			5,967	232,709
				26,816	90,442
Net Cash Inflow/(Outflow)				26,816	90,442
Increase/(Decrease)	in Cash in the	Year		26,816	90,442
Net Cash Resources	at 1 April 2020			689,447	599,005
Net Cash Resources	at 31March	2021		716,263	689,447

2. Income fr	om	Grants a	nd Contracts (Charitable	Activities)
					2021		2020
Unrestricted
Nottingham	City Council				823,088		883,228
Nottinghamshire		County Council			29,200		29,200
Gedling Borough Council			and Arnold Outreach		40,000		40,000
Rushcliffe Borough Council					19,200		19,200
Capital One					45,000		40,000
Citizens Advice		—Pension	Wise				5,000
					956,488		1,016,628
				2021		2020
Restricted
Main Projects
Money and Pensions Service				327,899		377,820
Citizens Advice UC-HTC				454,477		450,385
Gedling —GBCSocPrescribing						1,643
					782,376		829,848
Other Proj ects
M S Society				12,359		12,057
Nottingham City —Policy &			Comm's Officer			8,350
Small Projects				2,034
					14,393		20,407
					796,769		850,255
Total Grants and		Contracts			1,753,257		1,866,883
3. Investment	Income
					2021		2020
Bank Interest							2,347
4. Donations
					2021		2020
Or anisations	and	Trust Fund Donors
Other Donations-		for move to Maid Marian Way					22,500
							22,500

5. Analysis	ofE	xpenditu	re on Charitable	Activities
					Core
			Main	Other	Advice	Total	Total
			~Pro'ecto	~Pro'ects	Work	2021	2020
Staff Costs			659,731	12,137	230,806	902,674	933,226
Training Costs			1,374	25	481	1,880	5,024
Payroll Preparation	Costs		1,497	28	523	2,048	2,065
Recruitment Costs			2,800	52	980	3,832	3,500
Travel and Subsistence			135		48	185	4,616
Subscriptions			2,286	42	800	3,128	7,464
IT Software and Maintenance			2,752	51	962	3,765	12,512
Subcontractors					528, 158	528,158	599,488
Support &Governance		Costs	111,801	2,056	39,113	152,970	291,274
Total			782 376	14,393	801,871	1,598,640	1,859,169

		Main	Other	Core
		~Pro'ecto	P~ro'ects	Advice Work	Total
Grants &Contracts	(see note 2)	782,376	14,393	996,488	1,793,257
Costs		782,376	14,393	801,871	1,598,640
Net (Costs)				194,617	194,617

Refer to the table below	for the ba	sis ofapportionme	sis ofapportionme	nt and the analysis	ofsupport an	d governance	costs.
		General		Governance	Total	Total	Basis of
		~Su	ort	Function	2021	2020	A ortion ment
Rent, Rates and Insurance			57,121		57,121	66,803	Staff Resources
Light, Heat and Water			6,557		6,557	13,967	StaffResources
Cleaning			7,342		7,342	7,526	StaffResources
Repair and Maintenance			3,809		3,809	6,060	StaffResources
Telephone and Postage			18,207		18,207	25,577	StaffResources
Publication, Printing			3,845		3,845	4,980	StaffResources
and Stationery
Office Equipment			23,943		23,943	11,433	StaffResources
Purchase and Repairs
Sundry Expenses			3,578		3,578	7,389	StaffResources
Insurance			4,531		4,531	4,019	StaffResources
Annual Report and AGM Costs				99	99	99	Governance
Audit and Accountancy				3,900	3,900	2,895	Governance
Depreciation			32,038		32,038	26,018	StaffResources
Legal and Professional	Fees			5,594	5,594	84,508	Governance
Dilapidations		(25,000)			(25,000)		Staff Resources
Bad Debts Provision						30,000	StaffResources
Irrecoverable VAT			7,406		7,406		StaffResources
		143,377		9,593	152,970	291,274

			2021	2020
	Operating Leases —Rent and Service Charges		54,334	49,143
	Auditor's remuneration:
	Audit services		2,900	2,400
	Accountancy services		1,000	1,800
	Payroll Services		2,048	2,065
	Depreciation		32,038	26,018
8.	Employee Information
			2021	2020
	Average Number ofEmployees:
	Advisors, Management	and Administration	42	45
	Staff Costs
	Salaries		762,374	810,727
	Pension costs		84,851	62,019
	Social Security costs		55,310	57,271
	Staff expenses		139	3,209
			902,674	933,226


	Defined	Benefit Scheme			10
	Defined	Contribution	Scheme	30	25
No	employee	earned f60,000	or more per annum

	~to Pro ert	ment	Total
Cost
Balance at 31.3.20	232,709	39,819	272,528
Additions	5,967		5,967
Disposals
Balance at 31.3.21	238,676	39,819	278,495
~De reeintion
Brought Forward 31.3.20	18,055	25,899	43,954
For Year	24,073	7,965	32,038
On Disposal
Carried Forward 31.3.21	42,128	33,864	75,992
Net Book Value 31.3.21	196,548	5,955	202,503

Amounts falling due within	Amounts falling due within	one year;	2021	2020
Income and	Grants Receivable		30,000	30,000
Prepayments	and Accrued	Income	9,534	12,243
Other Debtors			254,690	93,462
Provisions	for Bad Debt		(30,000)	(30,000)
			264,224	105,705

Amounts falling	due within one year:	2021	2020
Taxes and other	Social Security costs	22,289	19,748
Trade Creditors		30,379	98,566
Grants Received	in Advance	389,586	358,770
Accrued Expenses		6,736	33,596
VAT liability		102,619	52,033
Client account		(182)	429
Rent Free Period		22,788	25,438
		574,215	588,580

Analysis ofNet Assets	between Funds
Year Ended	General	Designated	Restricted	Total
31March 2021	Funds	Funds	Funds	Funds
Fixed Assets	202,503			202,503
Current Assets	950,536		29,951	980,487
Current Liabilities	(574,215)			(574,215)
Pension Scheme
Deficit	1,596,000			1,596,000)
Net Assets
at 31.3.2021	1,017,176		29,951	987,225
Year Ended	General	Designated	Restricted	Total
31March 2020	Funds	Funds	Funds	Funds
Fixed Assets	228,574			228,574
Current Assets	765,201		29,951	795,152
Current Liabilities	(588,580)			(588,580)
Pension Scheme
Deficit	965,000			965,000
Net Assets
at 31.3.2020	559,805		29,951	529,854

Year Ended			At				At
31March 2021			1April	Incoming	Outgoing		31March
			2020	Resources	Resources	Transfers	2021
Restricted funds:
Money and Pensions Service				327,899	327,899
M S Society				12,359	12,359
Nottinghamshire Housing		Advice	29,951				29,951
UC- HTC				454,477	454,477
Small Projects				2,034	2,034
Total restricted funds			29,951	796,769	796,769		29,951
Unrestricted funds:
General Funds available
for day to day activities			(559,805)	975,500	1,432,871		(1,017,176)
Total unrestricted funds			~559,805	975,500	1,432,871		~1,017,176
Total funds			~529,854	1,772,269	2,229,640		~987,225
Year Ended			At				At
31March 2020			1 April	Incoming	Outgoing		31March
			2019	Resources	Resources	Transfers	2020
Restricted funds:
Gedling GBC SocPrescribing				1,643	1,643
Money and Pensions Service				377,820	377,820
Nottingham City
—Policy &Campaigns	Officer			8,350	8,350
M S Society				12,057	12,057
Nottinghamshire Housing		Advice	29,951				29,951
UC- HTC			35,944	450,385	486,329
Donations Maid Marian	Way			22,500	22,500
Total restricted funds			65,895	872,755	908,699		29,951
Unrestricted funds:
General Funds available
for day to day activities			(771,561)	1,162,226	950,470		(559,805)
Total unrestricted funds			~771,561	1,162,226	950,470		~559,805
Total funds			~705,666	2,034,981	1,859,169		~529,854

					2021	2020
Receipts
Citizens Advice	-US- HTC				454,477	450,385
Expenditure
Citizens Advice	- Reference	books and promotional		material	1,698	1,813
	- Annual Fee for Information		System		4,641	6,069
	- Indemnity	Insurance			2,280	2,280

								2021	2020
								g	g
Present value	offunded	obligations						3,116,000	(2,21],000)
Fair value of	plan assets							1,520,000	1,211,000
								1,596,000	(965,000)
Present value	ofunfunded		obligations
Deficit								1,596,000	965,000
Net Liability								1,596,000	965,000
The amounts	recognised	in	surplus or deficit are as follows:-
								2021	2020
								g	g
Current service costs								73,000	113,000
Net interest from net defined benefit asset/ liability								22,000	26,000
Administration	Expenses							1,000	1,000
								96,000	140,000
Actual return	on plan assets							268,000	109,000
Changes in the present value ofthe defined benefit obligation							are as follows:-
								2021	2020
									g
Opening defined benefit		obligation						2,176,000	2,361,000
Current service cost								73,000	113,000
Contributions	by scheme	participants						13,000	15,000
Interest cost								51,000	58,000
Actuarial (gains)/losses		from changes		in financial	and	demographic
assumptions								834,000	(363,000)
Estimated benefits paid net			oftransfers					31,000	8,000
								3,116,000	2,176,000

Changes in th	e fair value ofthe sche	me asse	ts	are as	follows:-
						2021	2020
At I April 2020						g 1,211,000	1,287,000
Interest Income						29,000	32,000
Benefits Paid						(31,000)	(8,000)
Contributions	by Employer					60,000	59,000
Contributions	by scheme participants					13,000	15,000
Administration	Expenses					(1,000)	(1,000)
Remeasurements:
Return on plan assets, excluding		amount	included		in interest income	239,000	(141,000)
Actuarial gains and losses							32,000
At 31March	2021					1,520,000	1,211,000
The amount recognised in other comprehensive				income are as follows:-
						2021	2020
Recognised in	other comprehensive	income:					g
Measurement	ofLiability;
Actuarial (gains) and losses f'rom changes in			financial		assumptions	(834,000)	331,000
Return on fund assets in excess ofinterest						239,000	141,000
						595,000	190,000
The major categories ofscheme assets as a percentage					total scheme assets are as follows:-
						2021	2020
Equities						64	64
Gifts						4	3
Bonds						7	9
Property						11	13
Inf'rastructu re						5	2
Inflation linked						4	4
Cash/temporary	investments					5	5
						100	100

Discount rate		2 05%
Future salary	increases	3.85%
Future pension	increases	2.85%

			2021	2020
Net incoming	resources		173,629	66,812
Adjustments:
Investment	Income			(2,347)
Depreciation	Charges		32,038	26,018
(Increase)/Decrease		in Debtors	(158,519)	55,307
Increase/(Decrease)		in Creditors	14,365	175,014
			32,783	320,804