Waverley CAB-information for discussion with Waverley Borough Council

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

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

4. Comparison of the CAB in Waverley with other Boroughs-the data 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