ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
CONTENTS
Reference and administrative information
Board report
Auditors, report
9~13
Statement of Financial Activities
14
Balance Sheet
15
Cash Flow Statement
16
Notes to the financial statements
17-32
Registered charity number- 1002224
Company number - 02540814

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
REFERENCE AND ADMINISTRATIVE INFORMATION
WORKING NAME
Ara
SOLICITORS
Anthony Collins Solicitors
134 Edmund Street
BIRMINGFIAM
B3 2ES
AUDITOR
Burton Sweet Limited
The Clock Tower
5 Farleigli Court
Old Wesloii Road
Flax Bourton
BRISTOL
BS48 1UR
BANKERS
HSBC
62 George Wliite Street
Cabot Circus
BRISTOL
BS13BA
PRINCIPAL ADDRESS
Kiiig s Court
King Street
BRISTOL
BS14EF
KEY PERSONNEL
Chief Executive
Director of Finance
Director of Op8rcilions
Conipany Secrelary
Company Secretary
Director of Gainblinglcym ru
Graham Eii£Jland
Andrew Ridley
Robbie Tliornliill
Andrew Ridley (resigned Deceniber 20241
Stuart Will lams (appointed Deceniber 20241
Helen Kovacs (resigned October 2024}

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
BOARD REPORT
The Board present their report for the year ended 31 March 2025. Due to the Board
Members, status as directors under the Companies Act 2006, this report conslilules a
director's report as required by the Companies Acl 2006, and has been prepared
taking advantage of the exemptions conferred by Parl 15 of this act.
The Board Members during the year and to date of approval of the accounts were-
D Thomas (Chair)
A Colliiis (deceased April 20241
C Shepherd
L Copsie
J Hitclien
M Baiiissy
DEva
D Kingham (appointed July 2024)
GOVERNING DOCUMENT
The Cl)arily Wcls eslc1blislied in 1987 by incorporation as a compciny limited by
guarantee. Coiiseq uenlly, Ilio governing instrument of Ilie Cliarity is its Memorcliidum
and Articles of Association. The Charity is reglstered willi tlie Cliarily Commission
under nuniber 1002224. Tlie Company registration niimber is 02540814.
CHARITABLE OBJECTS
The Charity's objects are..
The relief of those in need whose liealtli is at risk or who are otlierwise
discldvaiitaJc ed due lo difficulties tissociated witli mental health or detriniental use of
or depeiideiicy on subst<?iices (including but not liiiiited to c11cohol and drugs of any
kind) or delrimeiilal beh<iviours {incliidiiig but Iiot liniiled lo gclmbliiig) and the
education of the public ori such matters by such means as Ilie trustees in their
discretion think fit.
PUBLIC BENEFIT
Ara is one of the largest voliinlary organisations providing addiclion and meiilal
health services in the South West and Wales. In 2024125 Ara offered a wide range of
treatment and siipport to benefit people witli drugs, alcoliol, gambling and niental
liealth problems in Bristol, North Somersel, Soulli Gloucestersliire, Glouceslersliire,
Soniersel, Corriwall and Wales i ncliiding..
Hoiising support service the largest siiigle conlracled service of ils kind in
Bristol providiiig accomriiodatlOTi aiicl support lo over 250 people with drLig
and alcoliol prol)lems at aiiy oiie lime. A key element of the Brislo
Honielessiiess Pitlhways service.,

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
PUBLIC BENEFIT (continued)
Prlson Resettlement Services
services that help people to resettle into
appropriate accommodation on release froni local prisons.,
Housing Flrst Service working in Bristol to house and support people at
significant risk of homelessness;
Speclallst Hoiislng Support - Ara's team promotes tenancy sustainment
and prevents honielessness for people with drug and alcohol problems.,
Gambllng Coiinselling & Commiiiiity Engagement Ara is cominissioiied
by GambleAware to provide counselling for people experiencing problems
with g¢imbling',
Gambling Youth EdLicatlon
Ara works willi young people and otlier
professionals to improve understanding of the risks rolaling to gambling.
During the year, Ara charged for relit and Iiouseliold service charges. These
charges were Pciid for by Local Autliorilies and service users respectively. Ara
provides i)0 private benefit. Board Meinl)ers have coiisidered public benefit guidaiice
issued by tho Charity Commissioii.
ACHIEVEMENTS AND PERFORMANCE 2024125
Ara continues to havo a major impact on the lives of those suffering from addiction
and mental liealth problems. Key statistics are set out below..
HOUSING SERVICE
243 people housed in our substance misuse accommodation.
880/0 occupancy across our housiiig accommodatioii (business plan target 92 %).
98% of service users were satisfied with the service.
1000/0 of service users would recommend tlie service lo olliers.

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
ACHIEVEMENTS AND PERFORMANCE 2024125 (continued)
SPECIALIST HOUSING SUPPORT
285 clients supported across the service and 1100 attendances at community
engagement groups set up by Ara.
GAMBLING TREA TMENT & COMMUNITY ENGAGEMENT SERVICE
1764 clients received counselling.
99% clients were satisfied with the service they received.
Average well-being score improved by 8 points because of Ara.
11944 people were offered information, advice and guidance about gambling harms.
1383 people attended tlie "Battling tlie Odds" programme for people connected lo the
Armed Forces
GAMBLING YOUTH EDUCA TION
867 professionals were educated in our gambling awareness programme.
7212 young people took parl in our programnie to raise awareness of gambling
harms.
CRIMINAL JUSTICE SER VICES
448 referrals from 27 prisons to Ara's Prison Resettlement Service an increase of
69 % from the previous year.
100 people were directly accommodated oli their release from prison.
HOUSING FIRST
Ara began its Bristol Housing First service in 2024125. This service will house aiid
support 28 people wlio otlierwise would liave been al a very higli risk of being
homeless. As part of this project, Ara acquired 15 flats in Bristol funded by a graiit of
£1,340,000 from Bristol Council and loan facility of £1,415,000 from Social and
Sustainable Capital.

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
ACHIEVEMENTS AND PERFORMANCE 2024125 (continued)
RISK MANAGEMENT
The Board actively reviews the major risks that the Charity faces on a regular basis
and believes that maintaining our free reserves at the levels stated on page 7 will
provide sufficient resources in the adveiil of adverse business conditions. The Board
has approved a Risk Policy and Risk Register that identifies the main risks facing
Ara, the potential impact of tliese risks, coiilrols already in place to mitigatc tlie risk
aiid what action needs to be taken.
Loss of a major contract is a potentially significant risk. To deal with this Arc1 lias
procedures lo moiiitor contract performaiice and to ensure that strong working
relationsliips are niainlained with comniissioners. The loss of key staff and Board
Menibers is aiiother potential risk faciiig tlie organisation. The docunientalion of all
policies, procedures, aiid successioii planiiiiig lielp to niinimise the impact of this
risk. Failure to provide the required level of support to cl ioiils 1L nd patients is also a
potential sigiiificant risk. Client risk assessnieiils ciiid detailed policios and
procediires are in place to mitigate tliis risk.
LOOKING AHEAD
Tlie coming year also bririgs several exciting opporlunilies with new and expanded
services. The Charity's main objectives in the coming year include..
siiccessfully delivering the new Bristol Housing First service.,
expaiiding ganibliiig treatment services, witli the aini of couiiselling 2500
people.,
growing Ara's criminal jvstice services.
achievirig 92 /0 OCCLipancy in our houses.,
rolliiig OLII the Actions for Living project to develop new ways of supporting
people witli subslaiice misuse problenis.,
applying to become a Registered Provider of Social Housing.

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
BOARD REPORT
continued
STRUCTURE, GOVERNANCE AND MANAGEMENT
A Board of Trustees governs Ara. Regular briefings are held for Board Members to
provide them with detailed information about the way in wliich services are designed
and delivered as a means of underslanding the regular performance information
provided for moniloring purposes. Ara's Senior Management Team is Graliam
England (Chief Executive), Andrew Ridley (Director of Finance and Deputy Chief
Executive), Robbie Thornl)ill (Director of Operations}. The pay and terms and
conditions of the Senior Management Team are reviewed annually by the Board.
During 2024125 Ara had an average of 76 full time equivalent staff and 40 volunteers.
RECRUITMENT AND APPOINTMENT OF TRUSTEES
A skills audit is regularly conducted of Board Members lo identify gaps in expertise
on the Board and lo assist with recruitnienl. Recruitment of new Members with
appropriate skills and experience is undertaken tliiough individual contact,
networking and advertising.
TRUSTEE INDUCTION AND TRAINING
New Trustees are given tlie Board Member's handbook on joining, which includes
the duties and responsibilities of Trustees and the slruclure, orgaiiisalion and
management of the charity. Induction training is also provided.
FINANCIAL POSITION OF THE CHARITY
The Board can confirm Iliat the Charity's assets are available and adequate lo fulfil
the obligations of the cliarity on a fund-by-fund basis. The Cliarily had net assets of
£3,220,103 al 31 March 2025 of whicl) £2,602,924 is held in LAnrestricted funds. The
Charity's net assets increased by £1,565,939 during the year largely as a result of
with the purcliase of Ilie 15 flats in Bristol fuiided by a grant and a loaii.
Whilst Ara does receive small value donatioiis it does not actively engage in
fundraising.

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
BOARD REPORT
coi)tinued
INVESTMENT POLICY
The Board approved an Investment Policy in August 2024. The policy outlines the
Charity's attitude to risk and the ethical issues that iieed to be cor)sidered when
decisions on investments are taken.
RESERVES POLICY
At 31 March 2025, the Charity liad total reserves of £3,220.103. Tlie balance on
restricted reserves was £ 617,179. Movements in restricted funds are sliown in note
14 to tho financial stalerrients. Desigiiated reserves tolalled £2,066,301 witli
£1,918,626 relaling to tlie fixed Asset fuiid wliich is equivaleiit lo tlie estimated
value of reserves tliat can only be realised from tlie salo of fixed assets. Designclted
reserves are also used lo fund tlie Charity's 'Aclioiis for Living project, fund tlie costs
of applying to become a Regislered Provider of Social Housillg and to meet the
costs of property refurbishment.
The Charity's Reserves Policy is to hold two to three months operaliiig expenses on
Liiirestricted activities in liquid Liiirestricted funds. This curreiitly eqLiales to aroLind
£420,000 f.630,000. At 31 March 2025 Ilie liquid unrestricte(I reserves were
£536,623 (2024, £608,717). Tlie Board reviewed its resoivos target in ALigust 2025
and coiisider this to be adequate given the duration of tlio Cliarily's main contracts,
potential liabilities sliolild tliose contracts come to an eiid and the plaiiiied expansion
of tlie organisation.
TRUSTEES STATEMENT OF RESPONSIBILITIES
The Trustees (wlio are also directors of Addictioii Recovciy Agoncy for the purposos
of compaiiy law) c1re responsible for prepariiig tlie Trustoes, Rcport (incorporatiiig the
directors, roportl aiid the finaiicial statements iii accordance with applicable law and
Uiiited Kingdoni AccoLI nting Standards, including Financial Reporling Staiidard 102.,
Tlie finaiicial Iloportiiig Staiiclard 1cpplicable iii the UK aiid Republic of Ireland
(United Kingdom Acc8Pted Accounting Practiccl.

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
BOARD REPORT
continued
TRUSTEES STATEMENT OF RESPONSIBILITIES
Company law requires the Trustees to prepare financial stalements for each financial
year that give a true and fair view of the state of affairs of the charitable company and
of Ilie income and expenditure of the charitable company for that period. In preparing
these financial stalemenls, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgments and estimates that are reasonable and prudent-
stale whether applicable UK Accounting Standards have been followed,
svbject to any material departures disclosed and explained in the financia
statements., and
prepare Ilie financial statements on the going concern basis unless il is
inappropriate to presume that the charitable company will continue in
business.
The Trustees are responsible for keeping adequate accounting records Ilial disclose
with reasonable accuracy at any lime Ilie financial position of the cliaritable conipany
and enable Iliem to eiisure that the fiiiancial statements coniply with the Conipanies
Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and deleclion of
fraud and ollier irregularities.
In so far as the Trustees are aware, Iliere is no relevant audit information of which
the cliaritable company's auditor is unaware,. and the Trustees have taken all steps
that they ouglit lo niake tliemselves aware of that information.
BY ORDER OF THE BOARD
DAVID THOMAS
CHAIR
DATE
19 SEPTEMBER 2025

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF ADDICTION
RECOVERY AGENCY LIMITED
OPINION
We have audited the financial statements of Addiction Recovery Agency Limited (tlie
"Charity") for the year ended 31 Marcli 2025 wliicli comprise the Statenient of
Finaiicial Activities, tlie Balance Sheet, the Cash Flow Statement and notes to the
financic11 stalenienls, iiicliiding a suniimary of sigiiificanl accounting policies. The
fiiiaiicic11 reporting franiework tliat has been applied in their preparation is applicable
law arid Uiiited Kingdom Accouiiling Slaiidards, includiiig Financial Reportiiig
Standard 102.. The Finaiicial Reporting Standard applicable in the UK and Republic
of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the f inaiicial statements..
give a true and fair view of tlie state of tlie Charity's affairs as al 31 March
2025 and of ils income and expenditure for Ilie year then elided.
have been properly prepared in accordaiice with United Kiiigdom Generally
Accepted Accouiiliiig Practice.,
have been prepared in accordance witli tlie requirements of tlie Companies
Act 2006.
Basis for oplnioii
We conducted out audit in accordaiico with iiilernalional Staiidards in Auditing {UK)
(ISAS (UK}} arid applicablc law. Our respoiisibilitios uiider those slaiidards are
f(Irtlier doscribed in tlie Auditor's respoiisibilitios for the audit of tlie fiiiancial
statements section of our report. Wo are iiidependeiil of the Charity in accordance
with tlie etliical requirenieiits that are relevant to our audit of the financial statemerits
in tlie UK, iiicluding tho FRC'S Etliical Standard, and we liave fulfilled OLir other
elliical rosponsibililies in c1ccordclnce willi tliese requironionls. We l)olieve Ihal tlie
au(lit evidence we liave obtaiiied is sufficient and appropriate to provide a basis for
our opinion.

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE ADDICTION
RECOVERY AGENCY LIMITED continued
Concliisions relatlng to golng concern
In auditing the financial statements, we have concluded that the directors, use of the
going concern basis of accounting in the preparation of the financial statements is
appropriate.
Based on the work we have performed, we have not identified any material
uncertainlies relating lo evenls or conditions that. individually or collectively. may cast
significant doubt on the charity's ability to continue as a going concern for a period of
al least Iwelve montlis from when tlie financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going
concern as described in tlie relevant sections of this report.
Other information
Tlie trusteos are responsible for the other information. The other informcltion
con)prises the infornialioii included in the annual report other tlian tlio financial
statements and our auditor's report thereon. Our opinion on the financial slatemeiils
doos not cover the other information and, except to the exlenl otherwise explicitly
slated in our report, we do riot express any form of assLirance conclusion Ihereon,
I n connection witli our audit of the financial statements, our responsibility is to read
the other informalioii and, in doing so, consider wliethor the other infornialion is
materially iiiconsislent willi the financial slalements or our kriowledge obtained in Ilie
audit or otherwise appears lo be materially misstated. If we identify sucli nialerial
iiiconsisleiicies or apparent iiiaterial n)isstatenieiits, we aro required to delerniiiie
whether tliere is a material niisslatement in the financial statemeiits or a material
rtiisslatement of Ilie otlier information. If based, on the work we have performed, we
coiicILide Ihtlt there is a material misstatement of this other infornialion, we are
required to reporl tlie fact,
We have noll)ing to report in this regard.
Opinions OTI Otlier matters prescribed by the Compaiiies Act 2006
I ri our opiiiion, based 011 the work uiidertakon iii tlie course of tlie audit-
Ilie information given in the trustees, report {incorporating the directors,
roporl) for Ilie fiiiL?Iicial year for wliicl) tlie financial statements are propdied i
coiisistent witli the financial statements., and
the directors, report has been prepared in accordance willi applicable law
requirements.
10

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF ADDICTION
RECOVERY AGENCY LIMITED continued
Matters on whlch we are requlred to report by exception
In the light of our knowledge and understanding of the charitable company and its
environment obtained in the course of the audit, we have not identified material
rnisslatemeiits iii the directors, report.
We have nothing to report iii respect of tlie following matters in relation to whicli the
Companies Act 2006 requires us to report to you if, in our opinion..
adequate accounting records have not been kept or returns adequate for our
audit have not been received from brariches visited by us,.
tlie financial statements are not in agreement with the accounting records and
returns.,
certain disclosures of trustees, remuneration specified by law are Iiot mado-,
or
we have not oblainod all the information and explanations necessary for the
purposes of our aLidil',or
the trusleos were not entitled to prep¢ire tlie financial slalenienls in
accordance with tlie small compaiiies, regime and take advantage of tlie
sinall conipaiiies, exemptions in preparing Ilie directors, report and froni the
requirement to prepare a strategic reporl.
Respoi)slbllities of trustees
As explaiiied more fully in Ilie trustees, responsibilities slalerrienl, tlie Iruslees are
respoiisible for tlio preparation of Ilie financial slaleiiients and for boing satisfied Iliat
they give a true and fair view, aiid for sucli internal coiitrol as they deterniine is
necessary to enable the preparation of financial statements that are free from
material misstatement, wliether due to fraud or error.
In prepariricJ the fiiiancial stalon)eiits, the trustees aro responsit)le for assessing tlie
Cliarily's ability to coritiniie as a goiiig concerii, disclosiiig, as applicable, matters
related to going concern and using tlie going concern basis of accouiiling ui)less tlie
trustees either iiitend to liquidate tlie Charity or to cease operations, or have no
realistic alternative but to do so.
ALiditor's responslbilities for the alid it of the financial statements
Our objectives are to obtain reasonable assLiraiice aboLIt wlielher the financial
statements as a wliole are free frorri material misslalemenl, wlietlier due to fraud or
error, aiid to ISSLie ali aLidilor's report tlicil inclLid8s oiir opiiiioii. Reasoiiclble
assuraiico is a liigh level of assuraiice but is iiol a guaraiilee that ali ciudil conducted
in accordcince witli ISAS (UK) will always detect a material niisslalenient wlien il
exists.

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
INDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF ADDICTION
RECOVERY AGENCY LIMITED contiiiiied
Misstatements can arise from fraud or error and are considered material if,
individually or in the aggregate. they could reasonably be expected to influence the
economic decisioiis of users laken on the basis of these financial statements.
Our approach to identifying and assessing the risks of material misstatement in
respect of irregularities, including fraud and non-compliance with laws and
regulations, was as follows-
we identified the laws and reglilations applicable lo the charity Ihroligh
discussions with directors arid other management, and from our knowledge
and experience of the sector.,
we focused on specific laws and regulations which we considered may have a
direct material effect on the financial slatenienls of tlie operations of the
company, including the Company's Act 2006, taxation legislation and data
protection, anti-bribery, employnieiit, environment and healtli and safety
legislation., and
we assessed the extent of compliance with the laws aiid regulations identified
above throLigTri making enquiries of nianagenient and inspecting legal
correspondence and remaining alert during the audit for any indications of
non-compliance,
Our audit procedures in relation to fraud included bul were not limited to..
making enquiries of tliose charged with governance as to where they
considered tl)ere was susceptibility lo fraud, their knowledge of actual,
suspected and alleged fraud.,
discussiiig amongst the engagemeiil team tlie risks of fraud.
Jrlining an understanding of tlie internal coiilrols in place to mitigate risks of
fraud Ic nd iioii-oonipliance with laws arid regulations.
testing journal entries to identify unusual Ir1c Iisactions.
assessing whether judgemeiits and assumptions made in determining the
accounting estimates set out in accounting policies were indicative of
potential bias,. and
iiivesligaling tlie rationale beliind significant or unusual transactions.
12

ADDICTION RECOVERY AGENCY LIMITED
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ADDICTION
RECOVERY AGENCY LIMITED coiitinued
There are inherent limitations in our audit procedures described above. The more
removed that laws and regulations are from financial transactions, the less likely it is
that we would become aware of non-compliance. Auditing standards also limit the
audit procedures required to identify non-compliance with laws and regulations to
enquiry of the directors and other management and the inspection of regulatory and
legal correspondence if any. Material misstalemenls that arise due lo fraud can be
harder lo delect than those that arise from error as they may involve deliberate
concealment or Gollusion.
A further description of our responsibilities for the audit of the financial slalements is
located
on
the
Financial
www.frc.or
Reporting
Coiincil's
website
at
. uklauditorslaudil-assurance-elhicslauditors-res
This description forms parl of our auditor's report.
onsibililies-for-lhe-audil.
Use of our report
This report is made solely to the Charity's members, as a body, in accordance with
Chapter 3 of Part 16 of tlie Companies Acl 2006. Our audit work lias been
undertakeii so that we miglit slate to Ilie Cliarily's members those mallers we are
required slate in Ilieni in an auditor's report and for iio other purpose. To the fullest
exleiil permilled by law, we do not accept or assiime responsibility lo anyone ollier
than the Cliarily's menibers as ci body, for our aLidil work, for tliis report, or for tlie
opinions we have formed.
Josliua
ston ACA {Seiilor Statutory Audltor)
For and on behalf of Burton Sweet Limited
The Clock Tower
5 Farleigh Court
Old Weston Road
Flax Bourlon
Bristol BS48 1 UR
Dale..

ADDICTION RECOVERY AGENCY LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (Incorporating income and expendlture account)
FOR THE YEAR ENDED 31 MARCH 2025
Unreslricled
Funds
Reslricled
Fuiids
Total funds
2025
Total funds
2024
nr>le
INCOME AND EXPENDITURE
INCOME FROM.
Donations
Other Trading Aclivilies..
Reiilal income and related service5
Inveslmenls..
Inleiosl receivable
Charitable Aolivilies
Granls, ¢onlracls and 18es'.
GaTnbling Service
Housillg Suppoil & R88gllletnenl
Soinor5el Services
Glouco$ler5hire Services
sub lotal
Other income
TOTAL INCOME
6,134
62.000
68,134
120,971
10,QQQ
10.000
10.020
31,783
31.783
24.657
179,889
2,275,501
2,105.229
1.5Jf4.500
?.285,118
3.830,001
1,590,216
2,224.086
80.813
9.569
3,904.684
2,455,390
17,389
2,520,696
3.659.729
6.115,119
11,389
6.242,425
3.721.729
4.060.332
IXPFNDITURF. ON..
Cherilable aclivilios..
Ganiblincj Sorvice
Hoiising Supi)orl & Resellleinenl
Soiiiersel Services
Glouceslershlre Setvices
74,892
2,440,880
1.959.297
201,417
2,034, 189
2,642,297
1,644.568
2.163,3141
71,825
9.569
TOTAL EXPENDITURE
2,515,772
2,160,714
4,fj76,48S
3,895.276
Nel incomo lor tho year
4,924
1.561.015
1,565,939
165.056
Balance brought forward al 3 April 2024
1.258.000
396.164
1,654,164
1,489,108
Transfers
1.340,000
-1,340,000
BALANCE CARRIED FORWARD AT 31 March 2025
12, 14
2,602,924
617,179
3.220,103
1,654,164
rhè notes on paggfj 17 10 32 lorin parl ol these accouiils.
All ol the resiills relate lo continuing operations.
Prior year compafalives are inclLided In nole 19.
14

ADDICTION RECOVERY AGENCY LIMITED
Icompany number 02540814, registered charity number 10022241
BALANCE SHEET
AT 31 MARCH 2025
note
2025
2024
FIXED ASSETS
Tangible assets
3,384,596
709,648
CURRENT ASSETS
Debtors
Cash al bank and in hand
814,198
1,321,686
659,445
1,076,767
2,135,884
1,736,212
CREDITORS.. Amounts falling due within one year
10
-774,294
-644,605
NET CURRENT ASSETS
1,361,590
1,091,607
TOTAL ASSETS LESS CURRENT LIABILITIES
4,746,186
1,801,255
CREDITORS.. Amounts falling due after one year
-1,526,083
-147,091
NET ASSETS
3,220,103
1,654,164
FUNDS..
Reslricled
Unreslricled
Designated
General
617,179
396,164
15
12
2,066,301
536,623
93,404
1,164,596
15
3,220,103
1,654,164
The accoLints have been prepared in accordance wilh the special provisions of Part 15 of the
Com panies Act 2006 relating to sniic11 companies.
Approved by the Board on 19 Seplember 2025 and signed on its behalf by
DAVID THOMAS ICHAIRI
The notes on pages 17 10 32 form parl of Iliese accoLints
15

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025
1. ACCOUNTING POLICIES
al Accounting convention
The financial statements have been prepared under the liistorical cost
convention and in accordance with the Statement of Reconimeiided Practice
Accounting and Reporting by Charities preparing tlioir accounts in
accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 1021 issued in October 2019 and the Financial
Reporting Standard applicable in the United Kingdom aiid Republic of Ireland
{FRS102), the Cliarilies Act 2011 aiid tlie Companies Act 2006 and UK
Generally Accepted Practice as it applies from 1 January 2019.
b) Tangible assots and depreciation
Tangible assets are Field al cost less depreciation, Depreciation is provided
on tangible assets willi a value of more than £1000 at rates calculated to write
off the cost, less estimated residual value of each asset, over its expected
useful life as follows..
Loiig leasehold office property
20/0 Straiglil line.,
Improvenients to long leasehold off ice properly
100/0 Straight line.,
Improvenienls to short leasehold office property 100/0 33 % strtiight line.,
Office fixtures, fitliii Jc s and equipment
14ouse fixtures, fittiiigs and equipnient
10 % 33)/o Straiglit line.
Long leaseliold houses are not depreciated, subjecl to ali aiinual impairment
review.
cl Iiicome
Income is recognised in Ilie period to wliicli the charity is entitled to receipt
arid tlie amount can bo measiired with reasonable certainty. Income is only
deferred whcii the charity has to fulfil conditions before becoming enlitlod to il
or wliere the doiior lias specified tliat tlie iiiconie is to be oxpondod in a
future period.
When donors specify that doiiations or grants are for a particular restricted
purpose, whicli do not amount to pre-conditions regarding entitlement, Iliis
inconie is included in iiicome of the appropriale restricted fund wlien it is
reccivablo.
d) Costs of raising fLiiids, cliaritable activities and governance costs
Expeiidilure is on an accruals basis inclusive ol any VAT tlial cannot be
recovered. The majority of costs are directly attributable to specific charitable
activities.
The support costs Iiave beeii apportioned to the activities of the Charity on
tlie basis of the percontage of income of the activity conipared to total
iriconie. Tliis basis W1c s iised as a reasoriable represenlalioii of the level of
support required by eaGh activity.
Goveriiaiice costs are tliose associated with tlie constitLltional and statiilory
reqLiirenients of the cliarity covering the external audit fee and Board
expenses. Governance costs are included ivilh cliaritable aclivilies.
17

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH
2025 (continued)
el Pensions costs
The Charity operates a defined contribution pension scheme. The assets of
the scheme are held separately from those of the Chlc rily in an indepeiidently
administered fund. The pension cost charge represents contributions payable
by tlie Charity to the fund and is shown in Note 6 to these financial
statements.
f) Operating leases
Operating lease payments are charged lo the Statement of Financial
Activities as incurred over the term of the lease.
g} Fund accounting
Funds held by the Charity are either:
Unrestricted geiieral funds
these are funds wliich can be used in
accordance with charitable objects at tlie discretioii of trListees',
Designated funds
tliese are funds set asidc by tlie trustees out of
uiireslricted general funds for specific or future projects.,
Restricted funds - these are funds tliat can only be used for particular
purposes williin the objects of Ilie Cliarity. Restrictions arise wl)eii
specified by the donor or when fui)ds are raised for particular
restricted purposes.
Further explanation of the iiaturo and purpose of eacli fuiid is included in tlie
notes to the fiiiancial stalemenls.
h) Going concern
Tlie Board has carefLilly considored tlie going concern basis used in the
preparation of the financial statements and is satisfied that this is correct
bcised on forecast iiicome and expcnditure. Tliere are no niaterial
uncert8inlies about Ilie ability of tlie charity to coiitinue as a goiiig concerii.
i) Public Benefit
Addiction Recovery Agency Limited is a public beiiefit entily,
j) Trade debtors
Trade debtors are recognised initially at the transaction price. They are
subsequently measured at amortised cost using the eflective interest method,
less provisioii for impairment. A provisioii for Ilie inipairmciil of trade debtors
is eslciblislied wheii tliore is objective evideiice that the compaiiy will not be
ablo to collect all aniounts due according to the original ternis of tlie
receivables.
18

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
contlnued
kl Trade creditors
Trade creditors are obligations to pay for goods and services thal have been
acquired in the ordinary course of business from suppliers. Accounls payable
are classified as current liabilities if tlie company does not have an
unconditional right, at the end of the reporting period, to defer settlement of
tl)e creditor for at least twelve monlhs after tlie reporting date. If there is an
unconditional right to defer settlement for at least twelve moriths after the
reporting date, tliey are presenled as non-currenl liabilities. Trade creditors
are rocognised initially at tlie transaction price and subsequeiilly measured al
amortised cos using the effective interest rate melhod.
11 Cash and casli equivalents
Cash and casli eqLiivalenls comprise casli in hand and call deposits and
ollier short term higlily liquid iiivestnients th1( t afe readily convertible to a
knowri amount of cash and are subject to an insignificant risk of chaiige in
value.
2. TAXATION
Addictioii Recovery Agency Limiled is a registered charity aiid, subject to
funds beiiig Lised for cliaritable PLirposes orily, is exempt froni Corporation
Tax oli its iiiconie and gains.
19

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
3. GRANTS AND DONATIONS
Unreslricl8d
Funds
Restricted
Funds
Total funds
2025
Total funds
2024
Double Diamond Gaming
Bel Fred
Quartet Foundation
Bristol Cily Council Wider Inclusion
Bristol Cily Council Staff Development
othgr grants and donations
41,167
44,500
32,280
50,000
12,000
50,000
12,000
6,134
68,134
6,134
6,134
3,024
120,971
62,000
4. GRANTS. CONTRACTS & FEES
Unrestricted
Funds
Restricted
Funds
Total funds
2025
Total funds
2024
Housin
orl & Reselllemenl
Brislol City Council
Renl receivable (housing benelill
Client servica charges
1,591,497
615,088
68,916
2,275,501
1,554,500
3,145,997
615,088
68,916
3,830,001
1,572,906
585,453
65,727
2,224,086
1,554 500
Gamblin
Gamcare
Beacon Counselling Trust
IFF
GambleAwara
Gambling Research Ontario
Service
50,886
72,000
50,886
222,000
9,900
1,982,343
19,989
2 285,118
202,060
50,000
15CI,000
9,900
1,982,343
1,338,156
19,989
179,889
2,105 229
1,590,216
Somerset SeNices
Second Slep
80,813
Glouceslershire Services
CGL
9,569
Total Govarnmenl grant$ recelvod druing tho year a5 included iii notes 3 & 4 above is £1,493,640
Prior ygar tyomparalives •ro In¢ludod In nolo 20.
20

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ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
5. TOTAL EXPENDITURE (continued)
Other Direct Costs
Total
2025
Total
2024
House running costs
Client expenditure
Depreciation
Payments to partners
Premises
563,813
101,895
12,280
364,389
160,720
1,203,097
534,974
56,785
19,143
484,593
80,979
1,176,474
Support Costs
Total
2025
Total
2024
Staff costs
Premises
Office costs
Depreciation
Loss on disposal of assets
Legal and professional
Loan interest
222,811
23,107
229,772
67,399
234,619
21,674
205,524
63,114
7,745
48,987
19,604
601,267
78,006
11,562
632,657
InclLided wilhin support costs are governance costs of £11 ,21512024, £10,196) wliich relate
lo the external audit and Board expenses.
22

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
6. STAFF COSTS, TRUSTEES, REMUNERAfioN AND RELATED
PARTY TRANSACTIONS
Slalf costs were as follows..
Total
2025
Total
2024
Wages and salaries
Social security costs
Pension costs
2,474,747
243,936
55,566
2,774,249
1,983,210
185,151
44,018
2,212,379
Number of employoos èarning in the following salary rangos..
2025
2024
£60,000- £70.000
£70,000- £80,000
£80,000- £90,000
Employment benofils, inclusivo ol eniployer national insuranco and ponsion paid lo key management personnel
Ichief Execulivo .Diroclor ol Finance, Director of Operations, Direclor ol Ganiblinglcyinrul in 2024125 lolallod £ 287,721
12023124, £296,911)
No rernuneralion was paid lo 8oard Members. Travel costs of £506 12023124. £4921 wer& ro-imbursed lo
ono Board Men)ber.
The average number ol employees analysed by lunclion..
equivalents analysed by function was..
2025
2024
Head counl
44
Head count
54
14
FTE
FTE
Support services
Treatment seNices
Manc?gemenl and adminislralion
of the charity
52
12
41
13
81
12
76
12
73
10
62
7. NET INCOME FOR THE YEAR
2025
2024
This is slated aller charging..
Depreciation of ownèd assets
Auclitors, remiineralion audit foe
Operaling lease rentals
79.676
10.560
87.936
82,257
9,520
75,674
23

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ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
9. DEBTORS
2025
2024
Rents and fees
Prepaymenls
less Provision for doubtful debts
782.810
53.427
-22,039
814,198
636,166
60.982
-37.703
659,445
10. CREDITORS
2025
2024
Amounts falling due within one year
Bank loan
Trade credilois
Taxation and social security
Amounts due lo residents
Olh8r creditors and accruals
Fees and grants received in advance
30,187
205,890
65,015
1,452
71,220
400,530
774.294
32,466
60,264
60,381
1,556
112,862
377,076
644,605
2025
2024
Del8rred income reconcilialion
Deferred income broughl fotward
Incomè credited in year
Fees aiid grants received in advance
Deferred income carried forward
377,076
-377,076
400,530
400,530
70,295
-70.295
377,076
377,076
11. CREDITORS
2025
2024
Amounts falling du8 after more than one year
Social and Sustainable Capital loan
HSBC loan
1.406,901
119,182
1,526,083
147,091
147,091
The Social and Sustainable Capital loan is secured by a 10 year mortgage
over filleen flats. The loan is repaid by a bullet repayment in 2034. Inleresl is
charged based on a fixed percentage ol rent charged lo the lenanl.
The HSBC loan is secured by a 25 year mortgage over the charity's leasehold
property known as Units 6, 7 and 8 K1ng's Court, King Street. Brislol.
The bank loan is lo be repaid by monthly inslalmenls over 25 years and is on
a variable rale of 3 % per annum over the Bank, s base rale (currently 4 %).
Malurily ol loans..
Due in less than one year
Due between two and five years
Due alter niore Ihan five years
30,187
129,864
1,396,219
1,556,270
32,466
129,864
17,227
179,557
25

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 Icontlnuedl
12. UNRESTRICTED FUNDS
8alartce
01 April 2024
Movement in Funding
Incomè
Transfers
8alatico
31 March 2025
Expendiluro
GENERAL FUNDS
1.164,598
2,520,696
.2 492,543
-656,126
536.623
DESIGNATED FUNDS
Leas¢hold Prop8rty
Refurbishment Fund
23,739
-5,685
18,054
Actions For Living Fund
69.665
-14,577
55.088
R89151ergd Provider Fund
.2,967
Y7,500
74,533
Fixed Asset Fund
1,918,626
1,918,626
93,404
-23,229
1996.126
2,066,301
TOTAL UNRESTRICIED FUNDS
1.258.000
2,5?0,696
-2,515.772
1,340,000
2,602,924
PRIOR YEth
Balaiice
01 April 2023
Movomenl In Funding
Incorna
Trpn51ers
Balaiice
31 March 2024
Expenditure
GENERAL FUNDS
966 755
2,437,100
-2 239 259
1,164,596
OESIGNATETr FUNDS
Leasehold Properly
Refurkn$hment Fund
29.419
-5,680
23,739
Action$ For Llvliig Fund
80,186
-10,521
60,665
109,605
-16,201
TOTAL UNRF.STRICTED FUNDS
1.076.360
2,437,1QO
-2.255,460
1.258 000
The Leasehold Proporty Refiirbi5hrn8nl Fund 1$ used ￿ me$1 Ihe depraciaiion •ri$lng from Ihe relurbishm@nl of properlias leased from Bristol Cily CoJncll.
Tho Actions For Llving Fund Is used io liind projB¢i$ 10 aid Ihe recovery of people with drug and alcohol addlcllon.
The R8gislored Provider Fund Is used lo meet the cosls of applwng lo become a Registered Provider ol Social Hou$ing
Tho Fix@d A5sel Fund is u5¢d lo meet any depreciation or impairment charoe on owned propoity assels.
13. LEASI COKIMITMENTS
Al 31 March 2025 Ihe charity had annual commilmonls under opor31ing1e¥so$ as $@1 out bel(￿.
Land, building8
& eqiiipmenl
2025
& eqLl1pm￿fil
2024
Leases which expire In less Ihan 1 year
Leases whi¢h ÉxpiiÈ bolween two and live yÈafS
41.948
22.651
84.599
35,528
32,053
67.581
26

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ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnued}
15 . ANALYSIS OF NET ASSETS BETWEEN FUNDS
Nel
Current
Assets
Fixed
Assets
Creditors
due aller
OTIO year
Total
2025
Provlsions
Reslricted Funds
North Sorriersel Rèfufb Fund
North Sotnersel Service Fund
GambleAware Projeols Fund
Gambling Youth Oulrcach & Education Fund
Gambling Commission Fund
Quartel Community Foundallon Fund
Housing First Fund
lousing Wider Incluslon
Ten Point Plan
Single Hoftieless Acwmodation Fund
Other Funds
6.678
37,344
289,427
80,799
55.074
6,678
37,344
289,427
80,799
55.074
30.751
43,603
60,708
2,157
10,638
30,751
43,603
60.708
2,157
10,638
617,179
Unreslrlclod Funds
Genèral Reservgs
Designalod Ro$ervos
603,414
140,997
-66.791
-1,459,292
536,623
2.066.301
3,384,596
3.384,596
1.361.590
-1,526,083
3,22fl,103
PRIOR YEAR
Nol
Cufrenl
Assets
£,8
Flxed
Assets
Creditors
due aller
one year
Total
2024
Provlsions
Re$lrlcled Funds
Norttri Someisel Ilelurb Fund
Noilli Soriior5el Setvice Fund
Ganil)leAw8rè Projecls Fund
Ganibling Youlh Outreach & Education Fund
Gailibling Commission Fund
Quartel CDnimunily Foundation Fund
Olhgr Funds
6,678
6,678
49.237
158,929
95,701
69,199
16.247
173
396,164
49,237
158,929
95,701
69, 199
16,247
173
Unrostiicled FLinds
General Reserves
Designated Ro5ervas
702,970
608,717
93,404
1,091,607
-147,091
1,164,596
93,404
1,654,164
709,648
-147.091
16. COMPANY LIMITED BY GUARANTEE
The conipany 15 IiiTiilecJ l)y guarantee clncl as such Ihere is no share capital. In the event ol the compar)y being
wound up Ihe11ability of the members Is Iiniited to £1 each.
17. CAPITAL COMMITMENTS
Al 31 Nlarch 2025 capital c.oinniilmenls were nil 12024. nill.
28

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c)

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
19. PRIOR YEAR FUND COMPARATIVES
Unr@slricled
Funds
Reslriclod
Funds
Total funds
2024
INCOME ANO EXPENDITURE
INCOME FROM..
Donations
Other Tradiiig Aclivilies..
Rei)lal ii)come and rolalod services
Inveslnienls..
Inlorest receivable
Charitable Activities
Grants, contracts and feos..
Gambling Service
Housing SLJpport & Reselllemei)t
Somorsol Sorvices
Gloucestershire Services
sub lolal
47,524
73,447
120,971
10,020
10,020
24,657
24,657
50,000
2,224,086
80,813
1,540,216
1,590,216
2,224,086
80,813
9,569
3,904.684
9,569
1,549,785
2,354,899
TOTAL INCOME
2,437.100
1,623,232
4,060,332
EXPENDITURE ON..
Charilablo aclivi118S-
Gan)bliiig Service
Housiiig Support & Reselllemonl
Son)ersol Servicos
Gloucestershire Servicos
17,368
2,160.267
77,825
1,627,200
3,047
1,644,568
2,163,314
77.825
9,569
9,569
TOTAL EXPENDITURE
2.255.460
1,639,816
3,895,276
30

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
20. PRIOR YEAR GRANTS. DONATIONS, CONTRACTS FEES COMPARATIVES
GRANTS ANS DONATIONS
Unroslricled
Funds
Reslricled
Funds
Total funds
2024
Double Diamond Gaming
BelFred
auariol Foundation
Olher 9ranls and donations
41,167
41,167
44,500
32,280
3,024
120,971
44,500
32,280
3,024
47,524
73,447
Donations received from Double Diamond Gaming are in lieu of a regvlalory selllemenl lo the Gambling Commission.
CONTRACTS & FEES
Unreslrlclod
Funds
Reslricled
Funds
To181 funds
2024
Housing Support & Rfrselllomenl
Bristol City Couiicil
Ronl reccivablo (housing benofill
Clior)I seNic8 charges
1,572.906
585.453
65,727
2,224,086
1.572,906
585,453
65,727
2,224,086
Gambling Sorvice
Garvicaro
Boacoii Couselling Trust
GambloAware
202,060
202,060
50.000
1.338,156
1,590,216
50,000
1,338,156
1.540,216
50,000
Somersel S@tvices
Second Slep
80,813
80,813
Glouceslorshire Services
CGL
9,569
9,569
31

ADDICTION RECOVERY AGENCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 Icontlnuodl
21. PRIOR YEAR TOTAL EXPENOITURE COMPARATIVES
Direct
Stall
Costs
Olhor
Direct
Costs
Support
Costs
Total
2024
Gambling Setvice
Houslng Support & Reselllemenl
Somcrsel Services
Gloucestershire Services
1,098,541
943.952
66,179
305,609
870,865
240.418
348.497
11.646
706
601,267
1,644,568
2,163,314
77,825
9,569
3,895.276
2,117.535
1,176.474
22. RELATED PAR TIES
Tliore w¢re no relalfsd parly tran$acllons apart from disclos8d elsev4htrre In the a¢¢ounls.
32