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For the Year Ending |
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Financial Statements |
Page |
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Trustees' Annual Report (Incorporating the Director's Report) |
1 |
Independent Examiner's Report to the Trustees |
11 |
Statement of Financial Activities (Including Income and Expenditure Account) |
12 |
Statement of Financial Position |
13 |
Statement of Cash Flows |
14 |
Notes to the Financial Statements |
15 |
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Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
4th Floor, Broadacre House |
office |
Lowther Street |
Carlisle |
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Cumbria |
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CA3 8DA |
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(Resigned
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(Resigned
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(Appointed
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Company Secretary |
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Independent Examiner |
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Enterprise House |
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Harmire Enterprise Park |
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Barnard Castle |
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County Durham |
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DL12 8XP |
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Trustee |
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Independent Examiner's Report to the Trustees of
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Statement of Financial Activities |
(including income and expenditure account) |
2023 |
2022 |
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Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
£ |
Donations and legacies |
5 |
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– |
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Charitable activities |
6 |
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Investment income |
7 |
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– |
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Other income |
8 |
– |
– |
– |
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--------- |
--------- |
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Total income |
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--------- |
--------- |
--------- |
--------- |
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Expenditure on charitable activities |
9,10 |
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--------- |
--------- |
--------- |
--------- |
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Total expenditure |
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--------- |
--------- |
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--------- |
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--------- |
--------- |
--------- |
--------- |
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Net income |
|
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--------- |
--------- |
--------- |
--------- |
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Transfers between funds |
(4,275) |
4,275 |
– |
– |
--------- |
--------- |
--------- |
--------- |
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Net movement in funds |
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Total funds brought forward |
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– |
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--------- |
--------- |
--------- |
--------- |
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Total funds carried forward |
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Debtors |
16 |
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Investments |
17 |
– |
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Cash at bank and in hand |
|
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--------- |
--------- |
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Creditors: amounts falling due within one year |
18 |
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--------- |
--------- |
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Net Current Assets |
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--------- |
--------- |
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Total Assets Less Current Liabilities |
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Creditors: amounts falling due after more than one year |
19 |
– |
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--------- |
--------- |
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Net Assets |
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--------- |
--------- |
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Restricted funds |
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– |
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Unrestricted funds |
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--------- |
--------- |
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Total charity funds |
22 |
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--------- |
--------- |
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Trustee |
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Statement of Cash Flows |
2023 |
2022 |
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£ |
£ |
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Net income |
103,548 |
89,585 |
Adjustments for: |
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Other interest receivable and similar income |
(
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(
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Accrued income |
(
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(
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Changes in: |
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Trade and other debtors |
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(
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Trade and other creditors |
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--------- |
--------- |
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Cash generated from operations |
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Interest received |
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--------- |
--------- |
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Net cash from operating activities |
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--------- |
--------- |
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Purchases of other investments |
– |
(
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Proceeds from sale of other investments |
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– |
--------- |
--------- |
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Net cash from/(used in) investing activities |
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(
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--------- |
--------- |
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Net Increase in Cash and Cash Equivalents |
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Cash and Cash Equivalents at Beginning of Year |
599,844 |
453,461 |
--------- |
--------- |
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Cash and Cash Equivalents at End of Year |
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--------- |
--------- |
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Notes to the Financial Statements |
Office Equipment |
- |
Fully depreciated
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Computer Equipment |
- |
Fully depreciated
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
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Donations |
721 |
721 |
1,160 |
1,160 |
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Rent - gift in kind |
9,000 |
9,000 |
9,000 |
9,000 |
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------- |
------- |
-------- |
-------- |
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------- |
------- |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
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General Advice |
79,896 |
– |
79,896 |
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MaPS DAP |
– |
106,296 |
106,296 |
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Help to Claim |
– |
223,564 |
223,564 |
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Connect |
– |
5,019 |
5,019 |
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Energy Advice Project |
– |
27,891 |
27,891 |
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Macmillan |
– |
70,190 |
70,190 |
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CCC Debt advice |
88,760 |
– |
88,760 |
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Covid 19 |
– |
38,293 |
38,293 |
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MWB |
– |
45,069 |
45,069 |
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ABL |
– |
26,161 |
26,161 |
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Increasing Capacity |
– |
21,922 |
21,922 |
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Employment |
– |
20,000 |
20,000 |
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Headley Trust |
– |
15,000 |
15,000 |
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Other income from charitable activities |
2,279 |
– |
2,279 |
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--------- |
--------- |
--------- |
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--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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General Advice |
104,362 |
– |
104,362 |
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MaPS DAP |
– |
149,703 |
149,703 |
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Help to Claim |
– |
47,176 |
47,176 |
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Connect |
– |
20,520 |
20,520 |
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Energy Advice Project |
– |
25,661 |
25,661 |
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Macmillan |
– |
69,247 |
69,247 |
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CCC Debt advice |
88,760 |
– |
88,760 |
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Covid 19 |
– |
59,408 |
59,408 |
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MWB |
– |
– |
– |
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ABL |
– |
– |
– |
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Increasing Capacity |
– |
– |
– |
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Employment |
– |
– |
– |
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Headley Trust |
– |
– |
– |
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Other income from charitable activities |
– |
– |
– |
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--------- |
--------- |
--------- |
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--------- |
--------- |
--------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Bank interest receivable |
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-------- |
-------- |
------- |
------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Compensation from lease renewal |
– |
– |
5,400 |
5,400 |
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Contribution to training |
– |
– |
500 |
500 |
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---- |
---- |
------- |
------- |
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– |
– |
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---- |
---- |
------- |
------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
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Costs of charitable activities |
78,188 |
400,824 |
479,012 |
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Support costs |
30,441 |
177,281 |
207,722 |
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--------- |
--------- |
--------- |
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--------- |
--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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Costs of charitable activities |
66,805 |
249,605 |
316,410 |
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Support costs |
42,283 |
135,981 |
178,264 |
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--------- |
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--------- |
--------- |
--------- |
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Activities undertaken directly |
Support costs |
Total funds 2023 |
Total fund 2022 |
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£ |
£ |
£ |
£ |
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Costs of charitable activities |
479,012 |
206,418 |
685,430 |
490,099 |
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Governance costs |
– |
1,304 |
1,304 |
4,575 |
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--------- |
--------- |
--------- |
--------- |
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--------- |
--------- |
--------- |
--------- |
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2023 |
2022 |
|
£ |
£ |
|
Independent examination of the financial statements |
1,200 |
3,000 |
------- |
------- |
|
2023 |
2022 |
|
£ |
£ |
|
Wages and salaries |
|
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Social security costs |
|
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Employer contributions to pension plans |
34,708 |
25,508 |
--------- |
--------- |
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--------- |
--------- |
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2023 |
2022 |
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No. |
No. |
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Advice and information staff |
23 |
12 |
Administrative staff |
5 |
6 |
Management staff |
2 |
2 |
---- |
---- |
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30 |
20 |
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---- |
---- |
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2023 |
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£ |
||
Funding to cover deficit on Macmillan, Increasing Capacity, Employment and other projects |
5,502 |
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Contribution to core costs by MAPS DAP |
(1,227) |
|
------- |
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4,275 |
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------- |
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Office Equipment |
Computer Equipment |
Total |
|
£ |
£ |
£ |
|
Cost |
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At 1 April 2022 and 31 March 2023 |
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-------- |
-------- |
--------- |
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Depreciation |
|||
At 1 April 2022 and 31 March 2023 |
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-------- |
-------- |
--------- |
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Carrying amount |
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At 31 March 2023 |
– |
– |
– |
-------- |
-------- |
--------- |
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At 31 March 2022 |
– |
– |
– |
-------- |
-------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Prepayments and accrued income |
|
– |
Accrued grant income |
|
|
Other debtors |
|
– |
-------- |
-------- |
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|
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-------- |
-------- |
|
2023 |
2022 |
|
£ |
£ |
|
Other investments |
– |
57,573 |
---- |
-------- |
|
2023 |
2022 |
|
£ |
£ |
|
Accruals and deferred income |
|
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Social security and other taxes |
– |
|
Pension creditor |
– |
|
Client funds |
|
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Other creditors |
|
– |
--------- |
-------- |
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|
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|
--------- |
-------- |
|
2023 |
2022 |
|
£ |
£ |
|
Accruals and deferred income |
– |
|
---- |
-------- |
|
2023 |
2022 |
|
£ |
£ |
|
At 1 April 2022 |
70,752 |
– |
Amount released to income |
(70,752) |
– |
Amount deferred in year |
99,000 |
70,752 |
-------- |
-------- |
|
At 31 March 2023 |
99,000 |
70,752 |
-------- |
-------- |
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At 1 April 2022 |
Income |
Expenditure |
Transfers |
At 31 March 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
597,591 |
190,877 |
(108,629) |
(4,275) |
675,564 |
--------- |
--------- |
--------- |
------- |
--------- |
|
At 1 April 2021 |
Income |
Expenditure |
Transfers |
At 31 March 2022 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
504,720 |
212,544 |
(109,088) |
(10,585) |
597,591 |
--------- |
--------- |
--------- |
-------- |
--------- |
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At 1 April 2022 |
Income |
Expenditure |
Transfers |
At 31 March 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
CAB/Macmillan Service |
– |
70,190 |
(71,928) |
1,738 |
– |
MaPS DAP |
– |
106,297 |
(105,070) |
(1,227) |
– |
Connect |
– |
5,018 |
(5,018) |
– |
– |
Energy Advice project |
– |
27,891 |
(25,399) |
– |
2,492 |
Help to Claim |
– |
223,564 |
(200,481) |
– |
23,083 |
Covid Funding |
– |
38,293 |
(38,924) |
631 |
– |
MWB |
– |
45,069 |
(45,086) |
17 |
– |
Increasing Capacity |
– |
21,922 |
(23,913) |
1,991 |
– |
Headley Trust |
– |
15,000 |
(15,269) |
269 |
– |
Employment |
– |
20,000 |
(21,077) |
1,077 |
– |
ABL |
– |
26,161 |
(25,940) |
(221) |
– |
---- |
--------- |
--------- |
------- |
-------- |
|
– |
599,405 |
(578,105) |
4,275 |
25,575 |
|
---- |
--------- |
--------- |
------- |
-------- |
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At 1 April 2021 |
Income |
Expenditure |
Transfers |
At 31 March 2022 |
|
£ |
£ |
£ |
£ |
£ |
|
CAB/Macmillan Service |
– |
69,247 |
(74,587) |
5,340 |
– |
MaPS DAP |
– |
149,703 |
(155,841) |
6,138 |
– |
Connect |
– |
20,520 |
(20,429) |
(91) |
– |
Energy Advice project |
3,286 |
25,661 |
(27,946) |
(1,001) |
– |
Help to Claim |
– |
47,176 |
(47,375) |
199 |
– |
Covid Funding |
– |
59,408 |
(59,408) |
– |
– |
MWB |
– |
– |
– |
– |
– |
Increasing Capacity |
– |
– |
– |
– |
– |
Headley Trust |
– |
– |
– |
– |
– |
Employment |
– |
– |
– |
– |
– |
ABL |
– |
– |
– |
– |
– |
------- |
--------- |
--------- |
-------- |
---- |
|
3,286 |
371,715 |
(385,586) |
10,585 |
– |
|
------- |
--------- |
--------- |
-------- |
---- |
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Current assets |
825,935 |
25,575 |
851,510 |
|
Creditors less than 1 year |
(150,371) |
– |
(150,371) |
|
Creditors greater than 1 year |
– |
– |
– |
|
--------- |
-------- |
--------- |
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Net assets |
675,564 |
25,575 |
701,139 |
|
--------- |
-------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
||
Current assets |
694,915 |
– |
694,915 |
|
Creditors less than 1 year |
(81,807) |
– |
(81,807) |
|
Creditors greater than 1 year |
(15,517) |
– |
(15,517) |
|
--------- |
---- |
--------- |
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Net assets |
597,591 |
– |
597,591 |
|
--------- |
---- |
--------- |
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At 1 Apr 2022 |
Cash flows |
At 31 Mar 2023 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
219,657 |
|
Current asset investments |
|
(57,573) |
– |
--------- |
--------- |
--------- |
|
|
|
|
|
--------- |
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Not later than 1 year |
– |
|
---- |
-------- |
|