LEEDS CITIZENS ADVICE BUREAU
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £41,493 for the year ended 31 March 2024, with unrestricted reserves standing at £624,634. This reserve level is within the Board's stated target range of £620,000 to £720,000, representing 3.1 months of running costs. The trustees confirmed sufficient resources to continue operations, noting a budgeted deficit for the following year due to the start of Legal Aid work.
What the accounts disclose
“The minimum amount of reserves is the equivalent of 3 months’ running costs (£620,000 excluding subcontracts) and the maximum is £720,000.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ISOBEL MILLS CBEchair
- Dr KENNETH JAMES PATTERSON
- Laura Ann Walker
- Patrick Grant
- REBECCA DEARDEN
- Richard Balfe
- Richard Brook
- Ryk Downes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.1m | £3.2m |
| 31/03/2024 | £3.0m | £3.0m |
| 31/03/2023 | £2.5m | £2.5m |
| 31/03/2022 | £2.4m | £2.3m |
| 31/03/2021 | £2.6m | £2.3m |
Common questions
Is LEEDS CITIZENS ADVICE BUREAU financially healthy?
The accounts state that the charity reported a net surplus of £41,493 for the year ended 31 March 2024, with unrestricted reserves standing at £624,634. This reserve level is within the Board's stated target range of £620,000 to £720,000, representing 3.1 months of running costs. The trustees confirmed sufficient resources to continue operations, noting a budgeted deficit for the following year due to the start of Legal Aid work. Its FY2024 accounts were audited by BHP LLP.