Citizens Advice Sandwell & Walsall Ltd
Financial health, per its FY2023 accounts
The accounts state that the charity achieved a surplus of £56,396 for the year ended 31 March 2023, with total income of £2,135,825 and total expenditure of £2,079,429. Per the trustees' report, unrestricted and designated reserves are maintained at approximately three months of operating costs to cover emergencies and contingencies. The charity reports adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Unrestncted and designated reserves should be maintained at approximately 3 months operabng cost” — page 5
“Payments have been made throughout the year to the Nabonal Assomabon arnounbng to 211,235 55 in respect of insurance, subscriptions, training services, AGM and Sundry stationery.”
“51,277 (2022 6299) was paid for casual labour to the mother of a member of the management team.”
“Payments have been made throughout the year to the Nabonal Assomabon arnounbng to 211,235 55 in respect of insurance, subscriptions, training services, AGM and Sundry stationery.”
“51,277 (2022 6299) was paid for casual labour to the mother of a member of the management team.”
“Payments have been made throughout the year to the Nabonal Assomabon arnounbng to 211,235 55 in respect of insurance, subscriptions, training services, AGM and Sundry stationery.”
“51,277 (2022 6299) was paid for casual labour to the mother of a member of the management team.”
“Payments have been made throughout the year to the Nabonal Assomabon arnounbng to 211,235 55 in respect of insurance, subscriptions, training services, AGM and Sundry stationery.”
“51,277 (2022 6299) was paid for casual labour to the mother of a member of the management team.”
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (04/05/2022)
Trustees
- Darren Wrightchair
- David Loon
- Ian Skidmore
- Nicholas Harvey Crombie
- Sean Jackson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £2.1m |
| 31/03/2024 | £2.0m | £2.0m |
| 31/03/2023 | £2.1m | £2.1m |
| 31/03/2022 | £2.6m | £2.5m |
| 31/03/2021 | £2.7m | £2.3m |
Common questions
Is Citizens Advice Sandwell & Walsall Ltd financially healthy?
The accounts state that the charity achieved a surplus of £56,396 for the year ended 31 March 2023, with total income of £2,135,825 and total expenditure of £2,079,429. Per the trustees' report, unrestricted and designated reserves are maintained at approximately three months of operating costs to cover emergencies and contingencies. The charity reports adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by CK Audit.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 29/01/2025 | £20k | Millionaire Street 2024 01w1 Year 2 |
| Postcode Lottery | 27/02/2024 | £20k | Millionaire Street 2024 01w1 Year 1 |