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← The Breakout Trust

2025-08-31-accounts

The Breakout Trust Registered Charity Number: 1070960

Trustees Annual Report and Accounts For the year ended 31[st] August 2025

The Breakout Trust

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31[st] August 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Receipts and Payments 4
Statement of Assets and Liabilities 5
Notes to the Accounts 6

The Breakout Trust

REPORT OF THE TRUSTEES for the year ended 31[st] August 2025

The trustees present their report and accounts for the year ended 31st August 2025. The trustees have opted, under section 133 of the Charities Act 2011 (‘the Charities Act’), to prepare receipts and payments accounts

Objectives and Aims

Public benefit

The Trustees have considered the Charity Commission guidance on public benefit and consider that the activities of the charity meet its charitable objectives and provide a benefit to the public.

Achievement and Performance

Charitable activities

This financial year, the Trustees; Steve Tucker, Nigel Green and Mark Johnson all resigned and interim Trustees were appointed. They are; Jeff Lucas, Bekah Legg and Kay Lucas. The aim is to engage new Trustees in the up coming year.

It is with great sadness that we have to report the loss of our dear and good friend Steve Legg, who on the 16th September 2024 lost his battle against cancer. Steve was a very creative and talented person and the heart behind the creation of Sorted Magazine, a quality men’s magazine that brought stories of hope and faith to many, including the armed forces and prisoners across the UK. The last printed issue of Sorted Magazine was November/December 2024, with a farewell feature to Steve Legg.

Many felt that stopping Sorted Magazine is a great loss, and Val Frazer has taken up the baton of Sorted Magazine and created a digital version of Sorted available online only, so that the work and ministry of a magazine for men can continue. Therefore, we have decided to support this work financially with monthly giving.

The trust has focused on continuing to support the work of Jeff Lucas in the creating and distributing of Bible Notes. We want to recognise the great work and effort that Steve gave to the creation of Life with Lucas daily Bible notes and that these will be able to continue to be available to individuals and to prison chaplains and prisoners as they request them.

Jeff Lucas also continues his work to advance the Christian faith in the UK by:

Financial review

The Charity had a surplus of £14,143 (2024: surplus £102) for the year ended 31[st] August 2025. Income received was £32,020 (2024 £69,467) and expenditure of £17,877 (2024 £69,365). Unrestricted funds at the year-end were £14,326 (2024: £183)

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Page 1

The Breakout Trust

REPORT OF THE TRUSTEES for the year ended 31[st] August 2025

Reserves policy

The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.

Risk assessment

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks

Structure, Governance and Management Governing document

The Breakout Trust is a charity constituted by trust deed dated 31st October 1997

The board of trustees meet regularly to discuss the work of The Breakout Trust. New trustees are elected by the existing trustees to the board after nomination and interview.

Financial reports are presented to the board at each meeting. Minutes of each meeting are taken and subsequently distributed.

Reference and Administration Details Registered name

The Breakout Trust

Registered Charity number

1070960

Principal address

11 Steele Crescent Wick Littlehampton BN17 6GN

Trustees

Name Position Appointments/Resignations Jeffrey Richard Lucas 13[th] June 2025 Kay Lucas 13[th] April 2025 Rebekah Legg Chair 13[th] April 2025

Independent Examiner

Magnus Proctor Lindisfarne Landkey Road Barnstaple EX32 9BW

Approved by the board of trustees on 10[th] February 2026 and signed on its behalf by:

............................................. Rebekah Legg, Chair

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BREAKOUT TRUST

Independent examiner's report to the trustees of The Breakout Trust

I report to the charity trustees on my examination of the accounts of The Breakout Trust for the year ended 31[st] August 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

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Signed:
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Magnus Proctor Lindisfarne Landkey Road Barnstaple EX32 9BW

Date: 10[th] February 2026

Page 3

The Breakout Trust

RECEIPTS AND PAYMENTS for the Year ended 31[st] August 2025

RECEIPTS AND PAYMENTS
for the Year ended 31st August 2025
Receipts
Gifts and donations
Sales
Grants
Other income
Total receipts
Payments
Cost of sales
Grants made
Administration
Rent
Equipment
Accountancy
Consulting
Total payments
Net receipts / (payments)
Reconciliation of funds
Transfer between funds
Total Funds brought forward
Total Funds carried forward		 2025
2024
Unrestricted
funds
Restricted
funds
Total
Total
£
£
£
£
18,420
13,350
31,770
69,432
0
0
0
35
250
0
250
0
0
0
0
0
18,670
13,350
32,020
69,467
0
0
0
46,620
1,973
13,350
15,323
7,725
54
0
54
11,530
0
0
0
3,440
0
0
0
50
500
0
500
0
2,000
0
2,000
4,527
13,350
17,877
69,365
14,143
0
14,143
102
0
0
0
0
183
0
183
81
14,326
0
14,326
183

Page 4

The Breakout Trust

STATEMENT OF ASSETS AND LIABILITIES At 31[st] August 2025

STATEMENT OF ASSETS AND LIABILITIES
At 31st August 2025
Fixed Assets
Current Assets
Debtors
Cash at bank
Current Liabilities
Creditors
Total Assets less Liabilities
Funds
Unrestricted funds
Total Funds		 2025
2024
Unrestricted
funds
Restricted
funds
Total
Total
£
£
£
£
0
0
0
0
0
0
0
0
14,326
0
14,326
183
(0)
(0)
(0)
(0)
14,326
0
14,326
183
14,326
0
14,326
183
14,326
0
14,326
183
14,326
0
14,326
183

The financial statements were approved by the Board of Trustees on 10[th] February 2026 and were signed on its behalf by:

............................................. Rebekah Legg, Chair

Page 5

The Breakout Trust

1. Accounting Policies

Basis of preparing the financial statements and assessment of going concern

These accounts have been prepared on a receipts and payments basis as permitted by law for smaller charities.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

2. Movement in Funds

General Fund
Restricted:
Sorted Magazine
Total Funds
Unrestricted Funds
General Fund
Restricted:
Sorted Magazine
Total Funds		 Balance
Income
Expenditure
Transfers
Balance
1st Sept 2024
31st Aug 2025
183
18,670
(4,527)
0
14,326
0
13,350
(13,350)
0
0
183
32,020
(17,877)
0
14,326
Balance
Income
Expenditure
Transfers
Balance
1st Sept 2023
31st Aug 2024
81
34,399
(34,297)
0
183
0
35,038
(35,068)
0
0
81
69,467
69,365
0
183

3. Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any benefits from an employment with the charity or a related entity.

Page 6