1. April 2013 Waverley CAB-information for discussion with Waverley Borough Council

2. Introduction The draft accounts and budget on the following page have not been reviewed by the Trustees and hence must be considered as provisional at this stage. The comparison of the financial performance of Waverley CAB with other CABs in Surrey is largely based on publically available information and some estimates. This is the first time that this analysis has been performed.

3. Waverley CAB Draft accounts for 2012/13 and Draft Budget for 2013/14 Draft AccountsBudget 2012/132013/14 Total council grants253145250950 Total new funds016000 Total paid back to councils4648446850 Salary costs170738200100 Premises costs4415248600 Other office and admin costs3845137000 Depreciation105605600 Deficit before fund raising-57240 -71200 Total donations and other income5122748200 Overall deficit-6013-23000

4. Comparison of the CAB in Waverley with other Boroughs-the data Per Population Per Client WaverleyAverageWaverleyAverage LA core grant2.091.5338.836.2 Net LA core grant 1.35 1.2125.028.7 Total Grants2.092.6938.863.8 Net Total Grants1.352.3825.056.2 WaverleyAverage Grants/Total hours4.559.26 Volunteers/paid staff23.49.2 FR/Total Grants0.230.02 Based on 2011/12 accounts and estimates Although Waverley based on 2012/13 draft accounts Average of 7 largest Boroughs. Net = After deducting rent LA includes Town Councils

5. Comparison of the CAB in Waverley with other Boroughs-Conclusions Total Grants received by WCAB are significantly lower than other Boroughs, although LA core Grant is higher than the average WCAB is very reliant on LA core funding WCAB rent costs are much higher than other Boroughs WCAB cost to serve is less than half the average as a result of the high ratio of volunteers WCAB raises significantly more money from the community