BRIDGEND COUNTY BOROUGH CITIZENS ADVICE BUREAU
Financial health, per its FY2024 accounts
The accounts state that total funds increased by £14,499 to £568,507, with unrestricted net current assets for cash-flow purposes standing at £423,817. The trustees report a healthy financial outcome despite inflationary pressures and staff turnover, noting that main funders continued to support the charity. The going concern assessment confirms no material uncertainties exist regarding the charity's ability to continue operations.
What the accounts disclose
“It continues to be the policy of the charity to maintain general unrestricted funds, which are the free reserves of the charity, at a minimum level equivalent to approximately three months', but ideally six months', expenditure” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (06/02/2013)
Trustees
- Dr Owen Weeks
- Nicola Callow
- PETER ROY CROCOMBE
- Robert John Hicks
- Sarah Hearne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.0m |
| 31/03/2024 | £1.1m | £1.0m |
| 31/03/2023 | £872k | £817k |
| 31/03/2022 | £741k | £707k |
| 31/03/2021 | £720k | £611k |
Common questions
Is BRIDGEND COUNTY BOROUGH CITIZENS ADVICE BUREAU financially healthy?
The accounts state that total funds increased by £14,499 to £568,507, with unrestricted net current assets for cash-flow purposes standing at £423,817. The trustees report a healthy financial outcome despite inflationary pressures and staff turnover, noting that main funders continued to support the charity. The going concern assessment confirms no material uncertainties exist regarding the charity's ability to continue operations. Its FY2024 accounts were audited by Ashmole & Co.