##
##
|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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##
||||||2021|||2020||
|---|---|---|---|---|---|---|---|---|---|
||||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|
##
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|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|
##
|||||2021||2020||
|---|---|---|---|---|---|---|---|
||Defined|Benefit Scheme|||||10|
||Defined|Contribution|Scheme||30||25|
|No|employee|earned f60,000|or more per annum|||||
##
##
##
||~to Pro ert|~Eui|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|
##
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##
##
##
##
||||||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|