BIRMINGHAM CITIZENS ADVICE BUREAU SERVICE LTD
Financial health, per its FY2023 accounts
The accounts state that the charity reported a financial surplus of £143,282 for the year ended 31 March 2023, driven by lower headcount and deferred income recognition. Per the trustees' report, unrestricted reserves stood at £145,747, which is below the stated policy target of £449,001 (equating to three months' expenditure). The trustees note that future funding remains uncertain but assert that sufficient reserves exist to mitigate potential losses.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alice Lucy Vernall
- Chaitali Rima Prakash Desai
- Dee Kundi
- Habibur Choudhury
- JILL LAMBERT
- Junaid Shah
- Kay Burton-Williams
- Liam Brooker
- Philip John Marris
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.2m | £2.1m |
| 31/03/2024 | £2.1m | £2.1m |
| 31/03/2023 | £1.9m | £1.7m |
| 31/03/2022 | £1.9m | £1.9m |
| 31/03/2021 | £1.9m | £1.8m |
Common questions
Is BIRMINGHAM CITIZENS ADVICE BUREAU SERVICE LTD financially healthy?
The accounts state that the charity reported a financial surplus of £143,282 for the year ended 31 March 2023, driven by lower headcount and deferred income recognition. Per the trustees' report, unrestricted reserves stood at £145,747, which is below the stated policy target of £449,001 (equating to three months' expenditure). The trustees note that future funding remains uncertain but assert that sufficient reserves exist to mitigate potential losses. Its FY2023 accounts were audited by CKCA Limited.