**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**