IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038288572023-03-31038288572024-03-31038288572023-04-012024-03-31038288572022-03-31038288572022-04-012023-03-31038288572023-03-3103828857ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3103828857ns15:PoundSterling2023-04-012024-03-3103828857ns11:FRS1022023-04-012024-03-3103828857ns11:IndependentExaminationCharity2023-04-012024-03-3103828857ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103828857ns11:FullAccounts2023-04-012024-03-3103828857ns11:CharitiesSORP2023-04-012024-03-3103828857ns16:EnglandWales2023-04-012024-03-3103828857ns11:RegisteredOffice2023-04-012024-03-3103828857ns0:Trustee32023-04-012024-03-3103828857ns0:Trustee12023-04-012024-03-3103828857ns0:Trustee42023-04-012024-03-3103828857ns0:Trustee22023-04-012024-03-3103828857ns0:Trustee52023-04-012024-03-3103828857ns11:CompanySecretary12023-04-012024-03-3103828857ns0:TotalUnrestrictedFunds2023-04-012024-03-3103828857ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3103828857ns0:Activity82023-04-012024-03-3103828857ns0:Activity8ns0:TotalUnrestrictedFunds2023-04-012024-03-3103828857ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3103828857ns0:Activity82022-04-012023-03-3103828857ns0:TotalUnrestrictedFunds2023-03-3103828857ns0:TotalRestrictedIncomeFunds2023-03-3103828857ns0:TotalUnrestrictedFunds2024-03-3103828857ns0:TotalRestrictedIncomeFunds2024-03-3103828857ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-3103828857ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2024-03-3103828857ns10:WithinOneYear2024-03-3103828857ns10:WithinOneYear2023-03-3103828857ns10:FurnitureFittingsToolsEquipment2023-04-012024-03-3103828857ns10:ComputerEquipment2023-04-012024-03-310382885722023-04-012024-03-310382885712023-04-012024-03-310382885712022-04-012023-03-3103828857ns10:OwnedAssets2023-04-012024-03-3103828857ns10:OwnedAssets2022-04-012023-03-3103828857ns0:TotalUnrestrictedFunds2022-04-012023-03-3103828857ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3103828857ns0:Activity8ns0:TotalUnrestrictedFunds2022-04-012023-03-3103828857ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3103828857ns10:FurnitureFittings2023-03-3103828857ns10:ComputerEquipment2023-03-3103828857ns10:FurnitureFittings2023-04-012024-03-3103828857ns10:FurnitureFittings2024-03-3103828857ns10:ComputerEquipment2024-03-3103828857ns10:FurnitureFittings2023-03-3103828857ns10:ComputerEquipment2023-03-31
REGISTERED COMPANY NUMBER: 03828857 (England and Wales)
REGISTERED CHARITY NUMBER: 1086003










Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Benefit Advice Shop

Benefit Advice Shop






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6

Notes to the Financial Statements 7 to 16

Benefit Advice Shop (Registered number: 03828857)

Report of the Trustees
for the year ended 31 March 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The aim of the Benefit Advice Shop is to ensure that no person loses out financially due to lack of information about, or understanding of, the social security system. This is achieved by providing free, independent, professional advice on all aspects of the benefit system to the general public.

The basic philosophy is that everyone is entitled to high quality, comprehensive, free advice, information and assistance regarding their entitlements through the benefit system. This allows clients to maximise their income and in turn circulates money into the local economy.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Benefit Advice Shop's performance throughout 2023/24 has been good. The service was adapted during the Covid pandemic to ensure that no-one lost out on essential advice during that time. The adaptations put in place during that time have served the organisation well post covid as the organisation is able to offer more choice to people accessing advice, by telephone, face-to-face, zoom or through home visits. However, the demand on the service and the restricted resources available mean that it is not always possible to increase output in all areas of service provision. The Benefit Advice Shop continues to face a serious threat to its current level of provision with cutbacks to its funding. Whilst the organisation is working hard to try to replace this funding, it is finding it difficult. The Benefit Advice Shop would like to extend its thanks to those organisations which have continued to provide support over the years as well as those new funders who have provided grants for this financial year.

The organisation found the cost-of-living crisis has a great impact on the community and the number of clients struggling to meet their basic need increased. We have been able to develop our outreaches to access more people and our Tribunal Service remains busy. We remain the main organisation to represent at hearing in North Wales. We have continued to try to recruit volunteers for the office and for the Board of Trustees. Throughout the year we have continued to work effectively for the community and have confirmed gains of £4,049,645.00.

FINANCIAL REVIEW
Reserves policy
The Benefit Advice Shop has a policy of retaining reserves in order to maintain its services to the communities in North Wales whilst searching for grants and future donations for future periods.

FURTHER FINANCIAL REVIEW DETAILS
In 2023/2024 we received £5000 from Community Foundation Wales. Postcode Community Trust £20000 of unrestricted funding. Rhyl Coastal Communities Partnership £5616. Rhyl Town Council £14000. Colwyn Bay Town Council £6638. Abergele Town Council £500. Conwy Town Council £1000 and £500. Swayne Johnson £3675. Prestatyn Coastal Communities Partnership £5000. Independent Age Cost Of Living grant Fund £26500 over two years. Rhyl Flats Windfarm (Conwy area) £10000. Oakdale Trust £1000. Conwy Voluntary Sector Key Fund £23000. Large Gwynt y Mor £27268 over two years. Prestatyn Town Council £2000. Abergele District Foodbank £6000. Small Gwynt y Mor £9208.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Type of governing document: Memorandum and Articles of Association
How the Charity is constituted: Company Limited by Guarantee
Trustee selection methods: Elected at General Meeting

Recruitment and appointment of new trustees
The Trustees are appointed at the Annual General Meeting of the Benefit Advice Shop by the members present but can also be appointed during the year at the discretion of the Board of Trustees.

Organisational structure
The Board of Trustees meets monthly and delegates the daily decisions to the members of staff. Assessments and reviews of the achievements and objectives are constantly performed by the staff and the results are forwarded to the Trustees.

The daily management of the Benefit Advice Shop has been delegated by the Trustees to Michelle Thomas.

Induction and training of new trustees
The induction and training is carried out with regard to the policies and procedures agreed by the Board of Trustees.

Benefit Advice Shop (Registered number: 03828857)

Report of the Trustees
for the year ended 31 March 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Additional Governance issues

The Benefit Advice Shop has a range of Policies and Procedures in place, including an Independence and Impartiality Policy and an Equality and Diversity Policy. The organisation will provide advice and assistance to any person who contacts them and places no geographical restrictions on its service provision, although this is coming under increasing pressure due to funding restrictions.

In order to properly assist clients, it is vital that the Benefit Advice Shop maintains a good professional relationship with other agencies in the area such as Foodbanks, independence money advice centres, The Red Cross, MIND, Hafod, NACRO, housing associations and various community based and anti-poverty groups. The signposting system in operation between local agencies and multi-agency take-up campaigns are two examples of local groups working constructively together to address the many difficulties faced by clients and to ensure the provision of high quality, comprehensive, accessible advice and assistance.

The company does not distribute any monies to the trustees, who are all unpaid volunteers. Any surplus made from the accounts is retained within the reserves of the company.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03828857 (England and Wales)

Registered Charity number
1086003

Registered office
19 Bedford Street
Rhyl
Denbighshire
LL18 1SY

Trustees
Mrs M G Roberts
Miss M A Jones
Mrs C Holliday
Mr J A Ball
Mr M I Shipley

Company Secretary
Mrs M G Roberts

Independent Examiner
Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

OTHER OPTIONAL INFORMATION
The Benefit Advice Shop would like to thank all those organisations which provide funding for their continued support and to extend thanks to those organisations which provided one-off grants.


In 2023 to 2024 the Benefit Advice Shop assisted 3,154 people with 6,012 enquiries, £4,049,645 were obtained for clients money that is circulated back into the local economy.

Finally, it is appropriate to thank both the paid and unpaid staff for the last twelve months. The service provided by unpaid volunteers increases the level of service that can be provided to the public, without the assistance of the volunteers of the Benefit Advice Shop the paid members of staff would be unable to provide the same level of service.


Benefit Advice Shop (Registered number: 03828857)

Report of the Trustees
for the year ended 31 March 2024

Approved by order of the board of trustees on 9 September 2024 and signed on its behalf by:





Miss M A Jones - Trustee

Independent Examiner's Report to the Trustees of
Benefit Advice Shop

Independent examiner's report to the trustees of Benefit Advice Shop ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Aled Roberts

Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

13 September 2024

Benefit Advice Shop

Statement of Financial Activities
for the year ended 31 March 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 31,525 121,193 152,718 110,414

Investment income 3 163 - 163 41
Total 31,688 121,193 152,881 110,455

EXPENDITURE ON
Charitable activities
Operating costs 13,599 92,728 106,327 127,026

NET INCOME/(EXPENDITURE) 18,089 28,465 46,554 (16,571 )
Transfers between funds 11 32,692 (32,692 ) - -
Net movement in funds 50,781 (4,227 ) 46,554 (16,571 )

RECONCILIATION OF FUNDS
Total funds brought forward 8,185 55,132 63,317 79,888

TOTAL FUNDS CARRIED FORWARD 58,966 50,905 109,871 63,317

Benefit Advice Shop (Registered number: 03828857)

Balance Sheet
31 March 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 9,166 155 9,321 8,598

CURRENT ASSETS
Debtors 9 1,929 - 1,929 2,131
Cash at bank and in hand 50,032 51,376 101,408 58,703
51,961 51,376 103,337 60,834

CREDITORS
Amounts falling due within one year 10 (2,161 ) (626 ) (2,787 ) (6,115 )

NET CURRENT ASSETS 49,800 50,750 100,550 54,719

TOTAL ASSETS LESS CURRENT LIABILITIES 58,966 50,905 109,871 63,317

NET ASSETS 58,966 50,905 109,871 63,317
FUNDS 11
Unrestricted funds 58,966 8,185
Restricted funds 50,905 55,132
TOTAL FUNDS 109,871 63,317

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 9 September 2024 and were signed on its behalf by:





Miss M A Jones - Trustee





Mr J A Ball - Trustee

Benefit Advice Shop

Notes to the Financial Statements
for the year ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES
2024 2023
£    £   
Donations 200 30
Grants 152,518 110,237
Other income - 147
152,718 110,414

Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

2024 2023
£    £   
Rhyl Town Council 14,001 17,000
Colwyn Bay Town Council 6,638 4,500
Conwy Town Council 500 1,000
Abergele Town Council 500 4,000
Oakdale Trust 1,000 -
Trusthouse Charitable Foundation - 4,909
Government of Ireland; Emigrant Support Programme 5,000 2,375
Prestatyn Town Council 2,000 2,000
Gwynt Y Mor 22,842 12,249
Comic Relief Community Fund - 4,684
Prestatyn & Meliden Partnership 5,000 5,000
Conwy Rhyl Flats 10,000 15,233
Postcode Community Trust 20,000 14,196
Swayne Johnson 3,675 2,475
Tacking Financial Hardship - 10,000
Mab Gwalia - 5,000
Rhyl Coastal Communities Partnership 5,616 5,616
Community Fund 5,000 -
Age Independant 13,250 -
Abergele District Foodbank 6,000 -
Conwy Voluntary Sector Key Fund 23,000 -
Other grants 8,496 -
152,518 110,237

3. INVESTMENT INCOME
2024 2023
£    £   
Deposit account interest 163 41

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 2,664 2,348

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.



Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

2024 2023
Charity activities 4 4
Other 1 1
5 5

No employees received emoluments in excess of £60,000.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 12,677 97,737 110,414

Investment income 46 (5 ) 41
Total 12,723 97,732 110,455

EXPENDITURE ON
Charitable activities
Operating costs 25,233 101,793 127,026

NET INCOME/(EXPENDITURE) (12,510 ) (4,061 ) (16,571 )
Transfers between funds 11,378 (11,378 ) -
Net movement in funds (1,132 ) (15,439 ) (16,571 )

RECONCILIATION OF FUNDS
Total funds brought forward 9,322 70,566 79,888

TOTAL FUNDS CARRIED FORWARD 8,190 55,127 63,317

8. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 32,327 18,744 51,071
Additions - 3,387 3,387
At 31 March 2024 32,327 22,131 54,458
DEPRECIATION
At 1 April 2023 29,022 13,451 42,473
Charge for year 495 2,169 2,664
At 31 March 2024 29,517 15,620 45,137
NET BOOK VALUE
At 31 March 2024 2,810 6,511 9,321
At 31 March 2023 3,305 5,293 8,598

Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 1,929 2,131

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 246 229
Accruals and deferred income 625 3,971
Accrued expenses 1,916 1,915
2,787 6,115

11. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1/4/23 in funds funds 31/3/24
£    £    £    £   
Unrestricted funds
General Fund

8,185 18,089 32,692 58,966

Restricted funds
Big Lottery 1,487 - (1,487 ) -
Trusthouse Charitable Foundation 4,909 - (4,909 ) -
Government of Ireland; Emigrant Support
Programme

375

-

-

375
Santander voucher account 205 (51 ) - 154
Rhyl Town Council 5,384 - - 5,384
RWE Coastal Partnership 6,175 - (6,175 ) -
Comic Relief Community Fund 9,836 - (9,836 ) -
Gwynt Y Mor 12,721 9,208 - 21,929
Prestatyn & Meliden Partnership 3,755 - - 3,755
Denbighshire Coastal Partnership 232 - (232 ) -
Prestatyn Town Council 1,571 - (1,571 ) -
Conwy Rhyl Flats - 5,000 - 5,000
Grantscape 518 - (518 ) -
Moondance Foundation 2,692 - (2,692 ) -
Postcode Community Lottery 5,272 - (5,272 ) -
Rhyl Coastal Communities Partnership - 3,500 - 3,500
Community Fund

- 5,000 - 5,000
Conwy Community Advice and Assistance:
Cost of Living

-

5,808

-

5,808
55,132 28,465 (32,692 ) 50,905
TOTAL FUNDS 63,317 46,554 - 109,871

Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General Fund

31,688 (13,599 ) 18,089

Restricted funds
Oakdale Trust (Training) 1,000 (1,000 ) -
Government of Ireland; Emigrant Support
Programme

5,000

(5,000

)

-
Santander voucher account - (51 ) (51 )
Rhyl Town Council 10,501 (10,501 ) -
Comic Relief Community Fund 3,346 (3,346 ) -
Gwynt Y Mor 22,842 (13,634 ) 9,208
Prestatyn & Meliden Partnership 5,000 (5,000 ) -
Conwy Rhyl Flats 10,000 (5,000 ) 5,000
Rhyl Coastal Communities Partnership 9,116 (5,616 ) 3,500
Conwy Town Council 500 (500 ) -
Colwyn Bay Town Council 6,638 (6,638 ) -
Community Fund

5,000 - 5,000
Age Independant 13,250 (13,250 ) -
Conwy Community Advice and Assistance:
Cost of Living

23,000

(17,192

)

5,808
Abergele District Foodbank 6,000 (6,000 ) -
121,193 (92,728 ) 28,465
TOTAL FUNDS 152,881 (106,327 ) 46,554


Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1/4/22 in funds funds 31/3/23
£    £    £    £   
Unrestricted funds
General Fund

9,322 (12,515 ) 11,378 8,185

Restricted funds
Big Lottery 1,487 - - 1,487
Trusthouse Charitable Foundation 4,909 - - 4,909
Government of Ireland; Emigrant Support
Programme

500

(125

)

-

375
Santander voucher account 274 (69 ) - 205
Rhyl Town Council 5,384 - - 5,384
RWE Coastal Partnership 6,175 - - 6,175
Comic Relief Community Fund 13,182 (3,346 ) - 9,836
Gwynt Y Mor 12,721 - - 12,721
Prestatyn & Meliden Partnership 3,895 (140 ) - 3,755
Denbighshire Coastal Partnership 232 - - 232
Prestatyn Town Council 1,571 - - 1,571
Grantscape 2,392 - (1,874 ) 518
Moondance Foundation 3,068 (376 ) - 2,692
Rhyl Flats Community Fund 9,504 - (9,504 ) -
Postcode Community Lottery 5,272 - - 5,272
70,566 (4,056 ) (11,378 ) 55,132
TOTAL FUNDS 79,888 (16,571 ) - 63,317

Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General Fund

12,723 (25,238 ) (12,515 )

Restricted funds
Trusthouse Charitable Foundation 4,909 (4,909 ) -
Government of Ireland; Emigrant Support
Programme

2,375

(2,500

)

(125

)
Santander voucher account (1 ) (68 ) (69 )
Rhyl Town Council 11,000 (11,000 ) -
Comic Relief Community Fund 4,683 (8,029 ) (3,346 )
Gwynt Y Mor 12,249 (12,249 ) -
Abergele Town Council 4,000 (4,000 ) -
Prestatyn & Meliden Partnership 5,000 (5,140 ) (140 )
Prestatyn Town Council 2,000 (2,000 ) -
Conwy Rhyl Flats 13,732 (13,732 ) -
Moondance Foundation - (376 ) (376 )
Postcode Community Lottery 14,194 (14,194 ) -
Swayne Johnson 2,475 (2,475 ) -
Tackling Financial Hardship 10,000 (10,000 ) -
Rhyl Coastal Communities Partnership 5,616 (5,616 ) -
Conwy Town Council 1,000 (1,000 ) -
Colwyn Bay Town Council 4,500 (4,500 ) -
97,732 (101,788 ) (4,056 )
TOTAL FUNDS 110,455 (127,026 ) (16,571 )

Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
movement between At
At 1/4/22 in funds funds 31/3/24
£    £    £    £   
Unrestricted funds
General Fund

9,322 5,574 44,070 58,966

Restricted funds
Big Lottery 1,487 - (1,487 ) -
Trusthouse Charitable Foundation 4,909 - (4,909 ) -
Government of Ireland; Emigrant Support
Programme

500

(125

)

-

375
Santander voucher account 274 (120 ) - 154
Rhyl Town Council 5,384 - - 5,384
RWE Coastal Partnership 6,175 - (6,175 ) -
Comic Relief Community Fund 13,182 (3,346 ) (9,836 ) -
Gwynt Y Mor 12,721 9,208 - 21,929
Prestatyn & Meliden Partnership 3,895 (140 ) - 3,755
Denbighshire Coastal Partnership 232 - (232 ) -
Prestatyn Town Council 1,571 - (1,571 ) -
Conwy Rhyl Flats - 5,000 - 5,000
Grantscape 2,392 - (2,392 ) -
Moondance Foundation 3,068 (376 ) (2,692 ) -
Rhyl Flats Community Fund 9,504 - (9,504 ) -
Postcode Community Lottery 5,272 - (5,272 ) -
Rhyl Coastal Communities Partnership - 3,500 - 3,500
Community Fund

- 5,000 - 5,000
Conwy Community Advice and Assistance:
Cost of Living

-

5,808

-

5,808
70,566 24,409 (44,070 ) 50,905
TOTAL FUNDS 79,888 29,983 - 109,871

Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General Fund

44,411 (38,837 ) 5,574

Restricted funds
Oakdale Trust (Training) 1,000 (1,000 ) -
Trusthouse Charitable Foundation 4,909 (4,909 ) -
Government of Ireland; Emigrant Support
Programme

7,375

(7,500

)

(125

)
Santander voucher account (1 ) (119 ) (120 )
Rhyl Town Council 21,501 (21,501 ) -
Comic Relief Community Fund 8,029 (11,375 ) (3,346 )
Gwynt Y Mor 35,091 (25,883 ) 9,208
Abergele Town Council 4,000 (4,000 ) -
Prestatyn & Meliden Partnership 10,000 (10,140 ) (140 )
Prestatyn Town Council 2,000 (2,000 ) -
Conwy Rhyl Flats 23,732 (18,732 ) 5,000
Moondance Foundation - (376 ) (376 )
Postcode Community Lottery 14,194 (14,194 ) -
Swayne Johnson 2,475 (2,475 ) -
Tackling Financial Hardship 10,000 (10,000 ) -
Rhyl Coastal Communities Partnership 14,732 (11,232 ) 3,500
Conwy Town Council 1,500 (1,500 ) -
Colwyn Bay Town Council 11,138 (11,138 ) -
Community Fund

5,000 - 5,000
Age Independant 13,250 (13,250 ) -
Conwy Community Advice and Assistance:
Cost of Living

23,000

(17,192

)

5,808
Abergele District Foodbank 6,000 (6,000 ) -
218,925 (194,516 ) 24,409
TOTAL FUNDS 263,336 (233,353 ) 29,983

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.


Benefit Advice Shop

Notes to the Financial Statements - continued
for the year ended 31 March 2024

13. FUNDS

Gwynt Y Mor (£13,634 + £9,208) provide funds to for workers salaries and assists with home visit travel.

Rhyl Town Council (£14,000) provides funding to employ an appeal worker and part-time Welfare Rights Trainee to assist with advice in the Rhyl Office.

Bay of Colwyn Town Council (£6,638) and Prestatyn Town Council (£2,000) provided funding to assist the residents of their communities to access Welfare Benefit advice.

Prestatyn Coastal Communities Partnership (£5,000) supports the outreach offices in Prestatyn as well as the residents of Prestatyn and Meliden.

Rhyl Coastal Communities Partnership (£5,616) provides funding for advice given within the Rhyl area.

Department of Foreign Affairs and Trade; Emigrant Support Programme (£5,000) the grant awarded covers the period running to 30th June 2024 and was for the following activities: specialist Welfare Benefit advice given to Irish Emigrant families.

Postcode Community Trust (£20,000) provided funding towards salaries and running costs with Advice and Appeal work.

Conwy Town Council (£500) funding to support residents of Conwy.

Abergele Town Council (£500) funding to support residents of Abergele.

Swayne Johnson (£3,675) provided funding towards salaries.

Conwy Rhyl Flats (£10,000) provided funding towards salaries, advertising, travel expenses and general running costs of the charity.

Independent Age Cost of Living (£13,250) provided funding over a two year period to cover salaries and running costs in relation to advice and support for older people.

Conwy Voluntary Sector Key Fund (£23,000) provided funds to cover salary costs.

Community Foundation Wales (£5,000) provided funds to cover salaries and running costs.

The Oakdale Trust (£1,000) provided funds to cover costs in relation to welfare benefit advice and representation to refugees.

Abergele District Foodbank (£6,000) provided funding towards salaries to continue its weekly welfare benefit advice at Abergele Foodbank

Alex Ferry Foundation (£5,000) awarded a grant to assist with running costs.

Clients kindly provided donations of £200.