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2017-03-31-accounts

Charity number: XN4847 Company number: NI049516

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Trustees' report and financial statements

for the year ended 31 March 2017

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Contents

Page
Legal and administrative information 1
Statement of financial activities 7
Income and expenditure account 8
Balance sheet 9
Notes to the financial statements 10 - 13

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Legal and administrative information

Charity number XN4847
Company registration number NI049516
Authorised & regulated by the
Financial Conduct Authority FRN 616947
Registered office 9 McCrum's Court
ARMAGH
Co ARMAGH
BT61 7RS
Secretary Donna Morris Appointed 30 November 2016
Valerie Jenkinson Resigned 30 November 2016
Directors Lynd Roper
Eamon Donnelly
Elaine Devlin Resigned 20 June 2016
Mary Curran
Anne Mallon
Sylvia McRoberts
Anne Donnelly
William George Smyth Parr Appointed 7 September 2016
Kathleen McGleenon Appointed 22 June 2016
Ex-officio Members Cllr Meala Campbell SDLP
Cllr Freda Donnelly DUP
Volunteer Book-Keeper Eamon Donnelly
Auditors J M McAllister & Co Ltd
11 College Street
ARMAGH
BT61 9BT
Bankers Ulster Bank
ARMAGH Branch
7 Upper English Street
ARMAGH
BT61 7BL

Page 1

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Statement of financial activities

For the year ended 31 March 2017

Unrestricted
Restricted
funds
funds
Notes
£
£
Incoming resources
Incoming resources from generating funds:
Voluntary income
2
19,887
-
Investment income
3
17
-
Incoming resources from charitable activities 4
117,572
-
_
_
Total incoming resources
137,476
-
_
_
Resources expended
Salaries & NIC
5
95,197
-
Staff Training
4,058
-
Rent, light, heat & insurance ACDC - (notional)
5,150
-
Outreach rental
696
-
Insurance
473
-
Cleaning
160
-
Volunteer expenses, travel, etc
1,677
-
Audit fees
1,380
-
General administration
1,954
-
Telephone
1,169
-
Sundry expenses
793
-
IT maintenance contracts
499
-
Interest payable and similar charges
60
-
Depreciation and impairment
724
-
NACAB subscription
4,614
-
_
_
Total resources expended
118,604
-
_
_
_
_
Net incoming resources
for the year
18,872
-
_
_
Total funds brought forward
40,012
(2,215)
_
_
Total funds carried forward
58,884
(2,215)
_
_		 2017
Total
£
19,887
17
117,572
_
137,476
_
95,197
4,058
5,150
696
473
160
1,677
1,380
1,954
1,169
793
499
60
724
4,614
_
118,604
_
_
18,872
_
37,797
_
56,669
_		 2016
Total
£
21,051
7
116,417
_
137,475
_
94,387
2,135
5,150
775
777
61
2,028
1,320
2,513
1,049
674
-
70
905
3,880
_
115,724
_
_
21,751
_
16,046
_
37,797
_

The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

The notes on pages 10 to 13 form an integral part of these financial statements.

Page 7

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Income and expenditure account

For the year ended 31 March 2017

Notes
Income
Operating expenditure
Operating surplus
Other income
Interest receivable and similar income
Interest payable and similar charges
Retained surplus for the financial year
All activities derive from continuing operations.		 2017 2016
£
£
137,459
137,468
(118,544)
(115,654)
_ _
18,915
21,814
17
7
_ _
17 7
_ _
(60)
(70)
_ _
18,872
21,751
_ _

The notes on pages 10 to 13 form an integral part of these financial statements.

Page 8

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Balance Sheet

as at 31 March 2017

Notes
Fixed assets
Tangible assets
6
Current assets
Debtors
7
Cash at bank and in hand
Creditors: amounts falling
due within one year
8
Net current assets
Total assets less current
liabilities
Restricted funds paid in advance
Net assets
Funds
9
Restricted income funds
Unrestricted income funds
Total funds		 2017
£
£
2,895
-
59,824
_
59,824
(5,963)
_
53,861
_
56,756
87
_
56,669
_

(2,215)
58,884
_
56,669
_		 Restated
2016
£
£
3,619
1,097
33,166
_
34,263
-
_
34,263
_
37,882
85
_
37,797
_
(2,215)
40,012
_
37,797
_

The financial statements were approved by the trustees on 23 August 2017 and signed on its behalf by

____ ______
Lynd Roper Eamon Donnelly
Director Director

The notes on pages 10 to 13 form an integral part of these financial statements.

Page 9

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Notes to financial statements for the year ended 31 March 2017

1. Accounting policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.

1.1. Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the the Charities Act (Northern Ireland) 1964.

1.2. Cashflow

The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.

1.3. Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.

Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.

Income from investments is included in the year in which it is receivable.

1.4. Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

1.5. Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 20% straight line

Page 10

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Notes to financial statements for the year ended 31 March 2017

2. Voluntary income

Unrestricted
funds
£
Southern Health & Social Care Trust
19,485
Advice NI Benefit Take-up
-
Donations (grateful clients)
402
_
19,887
_
3.
Investment income
Unrestricted
funds
£
Bank interest receivable
17
_
17
_
4.
Incoming resources from charitable activities
Unrestricted
funds
£
Armagh City & District Council
98,620
Armagh City & District Council (Notional)
5,150
ADSP
-
Pension Wise
5,668
CAB Regional Office
8,134
_
117,572
_		 2017
Total
£
19,485
-
402
_
19,887
_
2017
Total
£
17
_
17
_
2017
Total
£
98,620
5,150
-
5,668
8,134
_
117,572
_		 2016
Total
£
19,292
915
844
_
21,051
_
2016
Total
£
7
_
7
_
2016
Total
£
87,500
5,150
1,755
22,012
-
_
116,417
_

Page 11

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Notes to financial statements

for the year ended 31 March 2017

5.
Employees
Employment costs
Wages and salaries		 2017 2016
£
£
95,197
94,387
_
_
95,197
94,387
_
_		 2017 2016
£
£
95,197
94,387
_
_
95,197
94,387
_
_
94,387
_

No employee received emoluments of more than £60,000 (2016 : None).

Number of employees

The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:


Staff
Voluntary Staff
8.
Tangible fixed assets
Cost
At 1 April 2016 and
At 31 March 2017
Depreciation
At 1 April 2016
Charge for the year
At 31 March 2017
Net book values
At 31 March 2017
At 31 March 2016		 2017
Number

5
4
_
9
_		 2016
Number
5
4
_
9
_		 Other
tangible
assets Total
£ £
22,733
22,733
_ _
19,114
19,114
724
724
_ _
19,838
19,838
_ _
2,895
2,895
_ _
3,619
3,619
_ _

Page 12

ARMAGH AND DISTRICT CITIZENS ADVICE BUREAU

Notes to financial statements

for the year ended 31 March 2017

7. Debtors 2017 2016
£ £
Prepayments and accrued income - 1,097
_ _
8. Creditors: amounts falling due
within one year 2017 2016
£ £
Accruals and deferred income 5,963 -
_ _
9. Unrestricted funds At At
1 April Incoming Outgoing 31 March
2016 resources resources 2017
£ £ £ £
Restated
Unrestricted Funds 40,012
_		 137,476
_		 (118,604)
_		 58,884
_

Purposes of unrestricted funds

Funds which are expendable at the discretion of the Directors in furtherance of the objects of the charity. Such funds may be held in order to finance capital investment and working capital.

10. Restricted funds
Restricted funds At At
1 April 31 March
2016 2017
£ £
Restated
Restricted Fund (2,215)
_		 (2,215)
_

Purposes of restricted funds

Grants or donations received, which are earmarked by the donor for specific purposes within the overall aims of the organisation.

Page 13