for the Period Ended 31 December 2024
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 31 December 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 January 2024 |
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| At 31 December 2023 |
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The company provides free non judgmental debt advice and budgeting support to those in financial difficulties in the South Wiltshire area. Most of our clients are refereed to us by other agencies including the local council, social and mental health services and local housing agencies. Some clients have found us through leaflets or through our website. We help people maximize their household income through support with claiming benefits, reducing household bills and finding pensions they didn't know they had. We are affiliated to the national charity Community Money Advice and this gives us access to professional support. During 2024 we were able to help 23 individuals. For some this meant supporting them through the process of applying for a Debt Relief Order , for some this involved negotiating with their creditors to set up manageable payment options, for some a couple of sessions to sort out their fiances and help with budgeting were sufficient.
The companies stakeholders are our clients, our funders and colleagues in other charities and social services. We are audited annually by our parent charity Community Money Advice. This provides us with targets and actions to work toward to improve our service. We ask all our clients to fill in a questionnaire about their experience. This is monitored independently by Community Money Advice and we receive anonymous feedback. We produce annual reports for our funders. We attend the Salisbury City Exchange a bi monthly meeting of charities and others working in the social welfare field to exchange ideas and hear about the issues and needs facing the people of South Wiltshire .
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 May 2025
And signed on behalf of the board by:
Name: Derek Holloway
Status: Director