Company registration number.. 03518921 Charity registration number.. 1069697 A BREATH FOR LIFE CHILDRENS CHARITY TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 Brown & Co (Kendal)
A Breath For Life Childrens Charity Contents Page Trustees, Report Independent Examiner's Report Statement of Financial Artivities (including Income and Expenditu Account) Balance Sheet Notes to the Financial Ststements 7-11 The following pages do not form part of the ststutory accounts- Detailed Statement of Financial Activities (induding Income and Expenditure Account) 12
A Breath For Life Childrens Charity Company No. 03518921 Trustees. Report For The Year Ended 28 February 2025 The trustees present their report and the financial statements for the year ended 28 February 2025. Objectives and Activities Aims and Objectives Hyperbaric Oxygen Therapy.. The Charity provides hyperbaric oxygen therapy for babies. chIldn and adults. The Centre runs efficiently under the supervision of a salaried rnanager, an administrator and the services of operators. Relief engineers a brought in when necessary. Salaries remain the major outlay as it is a service-based Charity that requires trained staff. Aim.. The objett of the charity remains unchanged, -the relief of sickness in children in particular, but not exclusivelyi through the provision of services and facilities to promote and protect the health of said children-. Outlook.. Raising funds is a constant theme in order to keep the seNice open to all. The Charity has decided to charge a basic fee for adults with free access to oxygen therapy for children. Achievements and Performance Main Achievements Yearly view.- Work on the new extension was completed and we had an official opening of the new part of the building in May 2024. There are still some issues due to flooding that will need to be rectified. We are open 7 days a week having increased oxygen storage and have further increased the number of oxygen therapy sessions. Financial Review Financial Position The board are satisfied with the surplus for the year of £68,801 (2024 £46,314) Y4hieh has allowed some of the objectives to be met and will allow for further impmvements to the facility. The finances of the Charity a set out in the following pages of the financial statements. The Charity's total reserves amount to £566,656 (2024 £497,855). All the reserves are unrestricted and are held to allow the charity to continue to operate for a period of up to 12 months should there be a downtum in income. Structure. Governance and Management Governing Document The charity Is run by a board of Trustees who have malThe constant throughout the year. The Trustees meet gulaY and have kept in touch via zoom meetings, WhatsApp and email. All meetings are minuted. Reference and Administrative Details Trustees Mrs Teressa Waddington Mr Glenn Stevens Mrs Zoe Greenwood Charity Number 1069697 Page I
A Breath For Life Childrens Charity Trustees. Report (continued) For The Year Ended 28 February 2025 Company Number 03518921 Independent Examiner Booksmart Accounting Ltd Brown & Co (Kendal) Murley Moss Business Park Oxenholme Road Kendal Cumbria LA9 7RL Page 2
A Breath For Life Childrens Charity Trustees. Report (continued) For The Year Ended 28 February 2025 statement of Trustees. Responsibilities The trustees (who are also the directors of A Breath For Life Childrens Charity for the purposes of company law) are responsible for pparIng the Trustees, Report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prartice). Company law requires the trustees to Prepa financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resou5 and application of resources, including the incotne and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to.. selett suitable accounting policies and then apply them consistentlyi observe the methods and principles in the Charity SORP- make judgments and accounting estimates that are reasonable and prudent. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The trustees are spOnsible for keeping adequate accounting records which disclose with asonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking 0$onable steps for the prevention and detection of fraud and other irregularities. The trustees are sponsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ frorn legislation in other jurisdictions. Small Company Rules This report has been ppared in accordance with the special provisions lating to companies subjert to the small companies regime within Part 15 of the Companies Art 2006. The trustees, report was approved by the board of trustees and signed on its behalf by: Mrs Teressa Waddington Trustee 1811112025 Page 3
A Breath For Life Childrens Charity Independent Examiner's Report to the Trustees of A Breath For Life Childrens Charity For The Year Ended 28 February 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 Febnjary 2025. Responsibilities and Basis of Report As the charity trustees of the Company (and also its directors for the purposes of company law). you a responsible for the preparation of the accounts in accordan with the requirements of the Companies Att 2006 (-the 2006 Art-). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I pOrt in SpeCt of my examination of your charity's accounts as carried out under section 145 of the Charities Art 2011 Cthe 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent Examiner's Ststement I have completed my examination. I confim) that no matters have come to my attention in connection with the examination giving me cause to believe: l. accounting records were not kept in respect of the Company a5 required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the accounting requirements of seLtion 396 of the 2006 Act other than any quirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prartice for accounting and pOrting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Booksmart Accounting Ltd 1811112025 Murley Moss Business Park Oxenholme Road Kendal Cumbria LA9 7RL Page 4
A Breath For Life Childrens Charity Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 28 February 2025 2025 2024 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies other 179,082 20,287 115,998 34,429 199,369 150,427 EXPENDITURE ON: Raising funds {130,568) (104,113) NET INCOME 68,801 46,314 NET MOVEMENT IN FUNDS 68,801 46,314 RECONCILIATION OF FUNDS: Total funds brought forward 497,855 451,541 TOTAL FUNDS CARRIED FORWARD 13 566,656 497,855 The notes on pages 7 to 11 form part of these financial statements. Page 5
A Breath For Life Childrens Charity Balance Sheet As At 28 February 2025 2025 2024 Unrestrlcted Restrlcted funds funds Total funds Total funds FIXED ASSETS Tangible Assets io 439,383 439,363 M7,984 439.383 439,383 447,984 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 4.330 21.540 112,438 4,330 21,540 112,438 2,938 47,891 11,840 li 138,308 138,308 62,669 Creditors: Amounts Falling Due Within One Year 12 {11,035) 111,035) (12,7981 NET CURRENT ASSETS (LIABILrtIES) 127,273 127,273 49,871 TOTAL ASSETS LESS CURRENT LIABILrtIES 566,656 566,656 497,855 NET ASSErs 566.656 566,656 497,855 FUNDS OF THE CHARITY Unrestrirted Funds 566,656 497,855 TOTAL FUNDS 13 566,656 497,855 For the year ending 28 February 2025 the charitable company was entided to exemption from audit under section 477 of the Companies Art 2006 relating to small companies. The members have not required the charitable company to obtain an audit in accordan with section 476 of the Companies Art 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respert to accounting ords and the preparation of accounts. These accounts have been ppared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board Mrs Teressa Waddington Trustee 1811112025 The notes on pages 7 to 11 form part of these financial statements. Page 6
A Breath For Life Childrens Charity Notes to the Financial Statements For The Year Ended 28 February 2025 l. General Information A Breath For Life Childrens Charity is a company limited by guarantee. incorporated in England & Wales, registered number 03518921 and registered charity number 1069697. The registered office is . 2. Accounting Policies 2. 1. Basis of Preparation of Financial Statsments The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Chanties.. Staternent of Recotntnended Practice applicable to charities pparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20191" Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of I10nd, and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources All incoming $ourceS a included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income= Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grdnts where entitlement is not conditional on the delivery of a specific performance by the charity, are wognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities a inclLJded at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they a weivable. Income from investments is included in the year in which it is receivable. 2.3. Resources Expended Expenditure is recognised on an accru31 basis as a liability is incurred. Expenditu includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of generating funds comprise the costs associated with attrdcting voluntary income. Charitable expenditure comprises those costs incurred by the charity in the delivery of its artivities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 2.4. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accuwnulated depreciation and any accutnulated impairment losses. Depreciation is pmvided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Freehold Plant & Machinery Fixtures & Fittings Computer Equipment 2¥0 Straight line 25% reducing balan 200/0 Straight line 20% strnight line 2.5. Cash and Cash Equlvalents Cash and cash equivalents a basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. 3. Income from Donations and Legacies Page 7
A Breath For Life Childrens Charity Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 2025 2024 Unrestricted Unrestricted funds funds Donations and gifts.. Donations and gifts Gift aid 120,662 58,420 105,394 10,604 179,082 115,998 4. Other Income 2025 2024 Unrestricted Unrestricted funds funds other income Session income 3,513 16,774 34,429 20,287 34,429 5. Net Income/(Expenditure) The net income is stated after charging/{crediting): 2025 2024 Depreciation of tangible fixed assets owned Gain/Loss on disposal of tangible fixed assets 11,120 11,058 (2,181) 6. Analysis of Expenditure 2025 Actlvltles undertaken directly Support costs {see note 7) Total Raising funds 8,237 122,331 130,568 2024 Activities undertaken directly Support costs {see note 7) Total Raising funds 10.803 93,310 104,113 Page 8
A Breath For Life Childrens Charity Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 7. Support Costs 2025 Raising funds Employee costs Premises expenses General administration Depreciation 29,476 5,257 76,478 11,120 122,331 2024 Raising funds Employee costs Premises expenses General administration 17,138 3,110 64,185 8,877 Depreciation 93,310 8. Stsff Costs Staff costs were as follows.. 2025.. £25,884 2024.. £14,068 2025 2024 Wages and salaries Social security costs 25,885 168 14,069 26,053 14,069 No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 9. Average Number of Employees Averdge number of employees during the year was: 3 (2024: 3) 10. Tangible Assets Land & Property Freehold Plant & Machinery Fixtures & Fittings Cornper Equipment Total Cost As at l March 2024 Additions Disposals 459,601 7,378 820 1,038 1,260 468,837 2,619 (ioo) 1,359 {ioo) As at 28 February 2025 459,501 7,378 2,179 2,298 471,356 .CONTINUED Page 9
A Breath For Life Childrens Charity Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 Depreciation As at l March 2024 Provided during the period 18.636 8,841 1.845 1.383 164 436 208 460 20,853 11,120 As at 28 Febnjary 2025 27,477 3,228 600 668 31,973 Net Book Value As at 28 February 2025 432,024 4,150 1,579 1,630 439,383 As at l March 2024 440,965 5,533 656 830 447,984 I l. Debtors 2025 2024 Due within one year Trade debtors (500) 22,040 47,162 729 Other debtors 21,540 47,891 12. Creditors: Amounts Falling Due Within One Year 2025 2024 Trade creditors Bank loans and overdrdfts Taxation and social security Accruals and deferred income 5,810 1,648 10,000 124 5,101 1,150 11,035 12,798 13. Movement In Funds Asat28 February 2025 Asati March 2024 Income Expenditure Unrestricted funds General= General UnstrICted fund 497.855 199,369 (130,5681 566,656 Total funds 497,855 199,369 (130,568) 566,656 Asat29 February 2024 Asati March 2023 Income Expendlture Unrestricted funds General: General unrestricted fund 451.541 150,427 (104,113) 497,855 Total funds 451,541 150,427 (104,1131 497,855 14. Transactlons wlth Trustees Page 10
A Breath For Life Childrens Charity Notes to the Financial Statements (continued) For The Year Ended 28 February 2025 None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year. No trustee expenses have been incurred. 15. Related Party Disclosures There have been no related party transactions in the reporting period that require disclosure. 16. Company limited by guarantee The company is limited by guarantee and has no Sha capitsl. Every member of the company undertakes to contn.bute to the assets of the company. in the event of a winding up, such an amount as may be required not exceeding £1. Page 11
A Breath For Life Childrens Charity Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 28 February 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Gift aid 120,662 58,420 105,394 10,604 179,082 115,998 Other Other income 3,513 16,774 34,429 Session income 20,287 34,429 199,369 150,427 EXPENDThURE ON: Raising funds Opening stock - finished goods Purchases Closing stock finished goods Wages and salaries Ernployers NI Subcontrattor costs Staff entertaining Travel expenses Rates (2,938) (9,629) 4,330 (25,8851 (168) (3,118) (305) (3,873) (9,868) 2,938 (14,0691 (2,856) (iio) (1031 (211) (1,639) (1,260) (2,4791 1221 (1,5241 (3,594) 1461 (1,0551 17141 (51,4001 16011 (2,7051 1451 (1,8451 11641 (2081 (8,841) 2,181 (2311 (2,935) (2,091) (5,1551 (3311 (5,3851 (3,803) (1,3191 (1,0851 19421 (54,0001 (1,4401 (2,608) (4101 (1,3831 14361 (4601 (8,841) Light and heat Cleaning Hire and leasing of plant and machinery Computer and IT consumables Repairs, newa1$ and maintenance Insurance Printing, postage and stationery Telecommunications and data costs Accountancy fees Consultancy fees Subscriptions Bank charges Sundry expenses Depreciation of plant and machinery Depreciation of fixtures and fittings Depreciation of computer equipment Depreciation of freehold land and property Loss on disposal of tangible fixed assets (130,568) (104,113) (130,568) (104,113) NET INCOME 68,801 46,314 Page 12
Signed By Date Signed 2025-11-25 09:41:43 Email accounts@abreathforlife.co.uk Printed Name Teresa Waddington I P Address 90.197.175.246 Browser User Agent Mozilla15.0 (Windows NT 10.0; Win64; x64) AppleWebKiU537.36 (KHTML, like Gecko) Chrome1142.0.0.O Safari1537.36 Edg/142.0.0.0 Name of signatory Teresa Waddington