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SOUTHWARK CITIZENS ADVICE BUREAUX SERVICE

Registered charity 1070263 · accounts filings on the Charity Commission register

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Latest income
£2.1m
Latest spending
£2.0m
Registered
1998
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £82,441 for the year ended 31 March 2025, with total unrestricted reserves standing at £1,356,417. The trustees confirm that these reserves are in line with their stated policy of maintaining approximately six months of working capital expenditure. The independent auditors concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: approximately six months working capital expenditure (held: £1.4m)
“maintain unrestricted funds not committed or invested in tangible fixed assets ("the free reserves") at a level of approximately six months working capital expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £53.5m
“The most recent formal actuarial valuation of the Plan was as at 31 March 2022 and revealed a funding deficit of £53,536,000.” — page 34
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Menzies LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.1m
Total spending
£2.0m
Reserves (reported)
£1.4m
Employees
38

Reported reserves equal ~8.2 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bexley · Bromley · Greenwich · Lambeth · Lewisham · Southwark

Income and spending

Financial year endIncomeSpending
31/03/2025£2.1m£2.0m
31/03/2024£1.9m£1.7m
31/03/2023£1.6m£1.7m
31/03/2022£1.8m£1.8m
31/03/2021£1.8m£1.8m

Common questions

Is SOUTHWARK CITIZENS ADVICE BUREAUX SERVICE financially healthy?

The accounts state that the charity reported a net surplus of £82,441 for the year ended 31 March 2025, with total unrestricted reserves standing at £1,356,417. The trustees confirm that these reserves are in line with their stated policy of maintaining approximately six months of working capital expenditure. The independent auditors concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Menzies LLP.