HAVERING CITIZENS ADVICE BUREAUX
Financial health, per its FY2025 accounts
The accounts state that total income increased to £1,064,353 with a net income of £21,822 for the year ended 31 March 2025. The trustees report that actual reserves of £148,205 are below their stated policy target of three months' operating expenditure (£260,545). The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The actual reserves as at 31 March 2025 were £148,205. This is lower than the required level” — page 7
“The charity shares it Chief Executive with Citizens Advice Redbridge. During the year, the charity was charged £32,010 (2024: £32,243) to Citizens Advice Redbridge as a contribution to employment costs.” — page 23
“As at 31 March 2025, the total liability in relation to the defined benefit pension fund deficit was £74,778 (2024 - £84,378)” — page 25
Corporate structure
- Registered company of the charity Companies House 02577502
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALAN JEFFERY
- Abirede Similolu Olapade
- Alison Sheppard
- Billy Jones
- Ebenezer Anjorin
- Kenny King
- Michael Hepworth
- Nadia Qayum
- Nekita Okafor
- Sue Dix
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.0m |
| 31/03/2024 | £911k | £837k |
| 31/03/2023 | £812k | £785k |
| 31/03/2022 | £407k | £465k |
| 31/03/2021 | £525k | £378k |
Common questions
Is HAVERING CITIZENS ADVICE BUREAUX financially healthy?
The accounts state that total income increased to £1,064,353 with a net income of £21,822 for the year ended 31 March 2025. The trustees report that actual reserves of £148,205 are below their stated policy target of three months' operating expenditure (£260,545). The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Nordens Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TRUSSELL TRUST | 1 | £31.5m |
| BRIDGE HOUSE ESTATES | 1 | £6.0m |
| THE MASTER CHARITABLE TRUST | 1 | £1.2m |
| WORCESTER MUNICIPAL CHARITIES (CIO) | 1 | £579k |
| THE LEGAL EDUCATION FOUNDATION | 1 | £530k |
| THE NATIONWIDE FOUNDATION | 1 | £202k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |
| THE HEALTH FOUNDATION | 1 | £164k |