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2024-03-31-accounts

REGISTERED COMPANY NUMBER: 03479742 (England and Wales) REGISTERED CHARITY NUMBER: 1078009

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2024

for

Breakthrough U.K. Ltd

Clarity Accountants & Tax Advisors 1st Floor 107 Lees Road Oldham Lancashire OL4 1JW

Breakthrough U.K. Ltd Contents of the Financial Statements for the Year Ended 31 March 2024

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 8
Independent Examiner's Report 9
Statement of Financial Activities 10
Statement of Financial Position 11
Statement of Cash Flows 12
Notes to the Statement of Cash Flows 13
Notes to the Financial Statements 14 to 21
Detailed Statement of Financial Activities 22

Breakthrough U.K. Ltd Reference and Administrative Details for the Year Ended 31 March 2024

TRUSTEES T P Balon Regional Campaigns Officer (resigned
15.7.24)
D Coulter Chair (appointed 19 June 2023)
B Curley Councillor
J Driver Principal Officer (resigned 19.6.23)
K L Hutchison Volunteering & Community Engagement Cons
(resigned 4.3.24)
K A Patel Co Ordinator (resigned 24.11.23)
S S Stanhope Vice Chair (Appointed 19 June 2023)
L A Webb Assistant Director of Inclusion (resigned 4.12.23)
P Fairweather
C J Daniel (resigned 15.9.23)
P Brighouse (appointed 4.12.23) (resigned 13.3.25)
D Neibig (appointed 4.12.23)
S Harris (appointed 4.12.23) (resigned 5.1.25)
COMPANY SECRETARY P A Berry
REGISTERED OFFICE Piccadilly Business Centre Unit C Aldow E
Blackett Street
Manchester
M12 6AE
REGISTERED COMPANY NUMBER 03479742 (England and Wales)
REGISTERED CHARITY NUMBER 1078009
INDEPENDENT EXAMINER Clarity Accountants & Tax Advisors
1st Floor 107 Lees Road
Oldham
Lancashire
OL4 1JW
SOLICITORS Trowers and Hamlins
55 Princess Street
Manchester
M2 4EW
INVESTMENT ADVISERS Independent Insurance Consultants
51 Gatley Green
Gatley
Stockport
SK8 4NF

Page 1

Breakthrough U.K. Ltd

Report of the Trustees for the Year Ended 31 March 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Page 2

Breakthrough U.K. Ltd Report of the Trustees for the Year Ended 31 March 2024

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Breakthrough UK supports organisations to remove disabling barriers and amplifies the voices of disabled people to create a just and equitable society. This is mainly done through our Policy, Influence and Engagement work with public, private and third sector organisations, as well as through the delivery of a small number of short-term Independent Living, Training and Employment services directly supporting local disabled people.

Policy, Influence and Engagement Projects

Breakthrough continues to work to influence local, regional and national policy to bring about social change and remove discriminatory barriers, to ensure disabled people can play a full, active and equal role as citizens in all aspects of society. Policy, Influence and Engagement projects throughout the year comprised of:

Manchester Disability Collaborative

Based on coproduction exercises, including the dedicated in-person event at Manchester Art Gallery, we initiated our relaunched annual workstreams, looking at Social Care, Accessible Information, Housing, and Employment. Later in the year, we hosted the first Disabled People's Assembly at the Central Library, which received positive feedback and invited scrutiny and feedback on our work. From this, and alongside additional engagement, we commenced planning for the next year, working with Manchester City Council to review our infrastructure and impact.

With the lived experience input from our networks, and the expertise of colleagues and statutory partners, a plan was produced with ambitious KPIs across five key areas of work: Housing, Health and Social Care, Employment, Education and Transport. This work seeks to balance strategic influence with grassroots coproduction, and membership identified strategic leads and decision makers in the respective sectors to drive our work and elevate the profile of the collaborative.

Foundations for Change Phase 2

The Foundations for Change Project Phase 1 in 2022 developed a co-designed framework for an inclusive workplace using the Social Model of Disability as the standard.

These five elements were identified as critical issues to drive forward implementation of the Framework and to test approaches to barrier removal in the workplace. Learning from this phase now contributes to how the framework is promoted, implementation plans where it is being implemented and increased requests for training from Breakthrough

Disability Design Reference Group (DDRG) for Transport for Greater Manchester

DDRG members provide paid advice from their own lived experience, which assists TfGM to ensure that, as far as possible, an inclusive, barrier-free environment is developed across public transport and active travel in Greater Manchester.

During 01/04/23 - 31/03/24, there has been 4 Formal DDRG meetings and 7 ad-hoc additional meetings, including site visits. The topics discussed at DDRG meetings have been varied, for example, specific transport locations e.g. Golborne station, policy e.g. Bee Network Customer Charter, Active Travel, walking and wheeling and the Bee Network App. There was a refresh of 15 DDRG members in August 2023 to ensure a balanced and representative panel. DDRG members induction included the Social Model of Disability which is the core leading value of the group.

Factory International Disabled People's Engagement Group (DPEG)

Factory International's Disabled People's Engagement (DPEG) is a paid advisory body that brings together residents of Greater Manchester with a passion for the arts and with lived experience of disability.

In June 2023 Aviva Studio's, the home of Factory International, officially opened to the public. DPEG was set up in 2019. To celebrate this co-production 4 year journey; and the DPEG members invaluable contributions in making this building accessible, members were invited to a preview site visit in May 2023. During 01/04/23-31/03/24 there were 3 formal DPEG meetings, which primarily focused on the finishing touches to the building. In December 2023 onwards the formal meeting agendas diversified to programme, ticketing and hospitality accessibility at the venue.

Page 3

Breakthrough U.K. Ltd

Report of the Trustees for the Year Ended 31 March 2024

Manchester Lived Experience Leaders

With 3 year Our Manchester VCS funding, we recruited and trained a project team of 13 paid d/Deaf and disabled people to work with city leaders to remove barriers to inclusion, alongside developing their own leadership and collaboration skills. The group has held 6 meetings, including priority setting, training on Disability Justice and on the Public Sector Equality Duty. Although still at an early stage of its work, the group secured inclusion of non discrimination and disability equality into Open Data Manchester principles on automated decision making systems.

Community Health Equity and Sounding Board

Community Health Equity Manchester (previously known as COVID Health Equity Manchester) was set up in 2020 in response to the disproportionate impact COVID-19 had on some of our Manchester communities. CHEM was relaunched in September 2023 and is now focused on addressing broader health and wellbeing inequalities that impact on people and particular communities in Manchester. We have a seat on this fast paced strategic forum, which meets monthly.

Contracted by Manchester City Council Public Health, the Disabled Persons Sounding Board feeds into CHEM and is made up of disabled peoples organisations (DPOs) from across the city. DPO members are also involved across all the workstreams and strategic forum of the Manchester Disability Collaborative.

Sounding Board Members have been involved in a wide range of health equity advisory and practical work this year, meeting 10 times. Notably they have influenced the accessibility of the Accessible Winter vaccines campaign and of election resources, and delivered inclusion training to new Community Diagnostic Centre staff.

Community Diagnostic Centres Information Project

Funded by Manchester Foundation Trust, we facilitated co-design sessions with disabled people in Manchester and Trafford to talk about the planned Community Diagnostic Centres and agree what information is needed about them to ensure they work for d/Deaf and disabled people.

We shared much good practice from these sessions back to MFT, and created a suite of accessible resources for local d/Deaf and disabled people about the centres: Accessible Resources - Manchester University NHS Foundation Trust

Disabled Persons Discovery Project

This is a short community research project with a social housing focus, based on Foundations for Change. It is funded by Southway Housing. The aim is to gather data and information on barriers and supportive mechanisms to declaring 'disability' status from staff and tenants and understand the environment and culture they work/ reside in that impacts their 'satisfaction'. It is led by a representative steering group.

Accessible Information Standard Project

This project was commissioned by NHS Greater Manchester (Manchester locality). The original project in 2022 took an engagement and coaching approach with local GP surgeries to support their implementation of the Accessible Information Standard (AIS). This year, we used some underspend from that project to offer training to GP practices on easy read and Deaf Awareness via DPO partner organisations, and we produced a toolkit and video: An Overview of the Accessible Information Standard

Individual Placement and Support (IPS) research with Strathclyde University

We are working with the University of Strathclyde in advisory role and as lived experience researchers on a project on the effectiveness of Individual Placement and Support (IPS) programmes outside of mental health settings: IPS beyond SMI.

The project will enable disabled people and other marginalised groups to influence the development and design of IPS and to increase access to employment.

Training for Organisations

We continued delivery of a series of Disability Inclusion Training Sessions with Growth Company managers, and two shorter lunchtime sessions with their wider staff team. The managers sessions comprise 10x 3 hour Barrier removal sessions for managers - a mixture of face to face sessions in Manchester, Liverpool and Sheffield with some online, and 2 x 'lunch and learn' online Social Model 1 hour seminars for wider staff. Sessions have been well received with excellent feedback.

We delivered half day online sessions with staff of MCRactive on the social model and ensuring accessible activities. This training is now mandatory for their staff.

"Targeted engagement and co-production:

Pakistani and Black African and Black Caribbean people living with learning disabilities in Manchester" We are in an advisory role for this work. BHA for Equality is the lead delivery partner in the project which runs until June

Page 4

Breakthrough U.K. Ltd Report of the Trustees for the Year Ended 31 March 2024

2023. We provide:

Client Forum and Peer Group

Awards for All funding supports this weekly group and the women's peer group until the end of May 2023. Members support each other and share experiences and information.

One member acted as a group organiser for the client forum (paid on a freelance basis).

Long COVID Engagement

This work is funded by NHS GM (Manchester and Trafford localities) until June 2023. The project shares information about Long COVID to disabled people who may have missed messaging on this because of access and information barriers, and made sure people know how to access support available. It also gathers insights from disabled people with Long COVID about barriers they may be facing around getting appropriate and accessible support, and fed this back to NHS GM for action. It is a community based project, and the worker regularly meets with groups, builds relationships and holds drop in sessions across the project area.

Good Employment Charter Toolkit

The Good Employment Charter launched a toolkit on disability inclusion for employers coproduced with members of our disabled people's panel: Disability Guide for Employers | Greater Manchester Good Employment Charter

GM Mayoral Disability Panel

A member of staff became co-chair of this influential panel which works closely with the Greater Manchester Mayor to address structural inequity across the Greater Manchester region, improving the lives and rights of disabled people. Wide ranging work included accessibility of elections, promoting the 2022 cost of living survey findings and work on the accessibility of the built environment: GM Disabled People's Panel

Equal Edge

We set up and launched a social enterprise, Equal Edge, which supplies workplace assistants to disabled people in the workplace and acts as the trading arm for Breakthrough UK: equaledge.co.uk

Direct Delivery Services

Breakthrough's service delivery significantly reduced in this period. Independent Living, Training and Employment services during the year comprised of:

Community Connecting

Funded by The National Lottery in the North of Manchester to May 2024, Community Connecting supports isolated d/Deaf and disabled people to reconnect with their local community. Taking a user-led approach, individual aspirations are identified and worked towards with the support of a Community Connector. The project exceeded its target to work with 120 disabled people in the North of the city over 2 years. Bespoke outcomes include a client getting a slot on a Manchester radio station for a podcast that allows disabled people to discuss their lived experience. Others used support through the project to get better access to transport via bus passes, take up volunteering at riding schools to get into the horse industry and address health issues by getting better information and access to GPs.

Diverse Works

Funded by Salford CVS to December 2025, Diverse Works Salford is a small pre-employment service for disabled people who are residents of Salford, in particular disabled people who have experienced racial inequality. We will work with each individual to progress them towards meeting their employment and skills aspirations. This includes travel training and route planning, CV and cover letter writing skills, understanding employment and skills pathways, completing applications for employment and training opportunities and, for those who are successful in achieving employment, in-work support is provided as a crossover between the project and additional Breakthrough provision. The first cohort of this project began towards the end of this period.

Funded by UK Specialised Foundation Programme and Greater Manchester Combined Authority via the Workers Educational Association, Diverse Works Pre-Employment began its mobilisation during this period, and will provide 6 hours of bespoke pre-employment support to disabled people in Stockport, Manchester and Trafford.

Page 5

Breakthrough U.K. Ltd

Report of the Trustees for the Year Ended 31 March 2024

Workforce and Premises

Breakthrough continues to operate as a remote organisation, having relinquished our premises entirely in the previous financial year. We continue to work hard to maintain our organisational values and behaviours within this model, continuing to learn by experience.

Staff are furnished with equipment to support accessible and efficient remote working. All management and staff supervision meetings have continued remotely and we have established hybrid Full Staff Meetings on a 6-weekly basis.

Page 6

Breakthrough U.K. Ltd Report of the Trustees for the Year Ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Structure, governance and management

Governing instrument

The organisation is a Registered Charity and a Company Limited By Guarantee, incorporated on 8 December 1997. The Company was established under Articles of Association which establish the objects and powers of the Charitable Company . In the event of the company being wound up members are required to contribute an amount not exceeding£10.

The Board of Directors of the Company are also Trustees of the Charity for the purpose of Charity Law and under the Company's Articles of Association are known as Members.

The work of the Charity focuses upon promoting and supporting the independence of disabled people. The organisation operates using the Social Model of Disability as its value base. The Board of Directors seek to ensure that the characteristics of the Board membership appropriately reflect the diversity of the general population. The Articles of Association require that at all times a minimum of 66% of the membership of the Board of Directors shall comprise disabled people.

Directors/Trustees

All new Directors/Trustees have an induction with the Chair, Chief Executive & Deputy Chief Executive to discuss the responsibilities of being a Director/Trustee and the operations of the Company. All new Directors/Trustees also receive a Director's pack and appropriate training is provided for new Directors/Trustees as required.

The Board of Directors/Trustees carry out an annual review of their individual and collective training and development needs and appropriate training and support is provided accordingly.

Organisational structure

The Board of Directors/Charity Trustees Chief Executive Company Management Team

The Board of Directors/Charity Trustees and the Executive meet on a quarterly basis. The purpose of Board meetings is to ensure that the governance of the Company meets the needs of our customers and staff and fulfills our legal requirements. The Board support the strategic development of the organisation.

It also scrutinizes, challenges and monitors the performance of the organisation against the aims and objectives set within the Strategic Business Plan.

The Strategic Business Plan is co-produced with the Board and staff and reflects the experiences and need of our customer base.

The Chief Executive is responsible for the strategic and day to day management of the Company/Charity's affairs.

The Company Management Team meets on a monthly basis to develop and monitor business activities and ensure that operational and contractual obligations and targets are met.

Sub Groups

The Finance Sub Committee meets every eight weeks and provides scrutiny and direction on contracts and financial planning and performance and all decisions are reported to the Board and compiled into an action log.

The Human Resources Sub Committee meets on ad hoc basis as required to discuss and provide direction on HR policy and employment issues.

Statement of trustees' responsibilities

The Trustees (who are also the Directors of Breakthrough UK Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 7

Breakthrough U.K. Ltd

Report of the Trustees for the Year Ended 31 March 2024

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP:

make judgements and estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

In so far as the trustees are aware:

o there is no relevant audit information of which the charitable company's auditors are unaware; and

o the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

Independent Examiner

Clarity Accountants were appointed as Independent Examiners to the company and a resolution proposing that they be re-appointed will be put at a General Meeting.

The trustees' report, including the strategic report, was approved by the Board of Trustees.

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 05/06/2025

.......................................................................... D Coulter - Trustee

Page 8

Independent Examiner's Report to the Trustees of Breakthrough U.K. Ltd

Independent examiner's report to the trustees of Breakthrough U.K. Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

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 report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 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 statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

  1. accounting records were not kept in respect of the Company as 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 Section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Joanne M. Elliott FCA BFP FMAAT

The Institute of Chartered Accountants in England and Wales

Clarity Accountants & Tax Advisors 1st Floor 107 Lees Road Oldham Lancashire OL4 1JW

Date: 3[rd] June 2025

Page 9

Breakthrough U.K. Ltd

Statement of Financial Activities for the Year Ended 31 March 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
2,645
Charitable activities
4
Training
-
Independent living support
-
Employment
-
Policy
-
Core
56,897
Restricted
-
Investment income
3
5,911
Total
65,453
EXPENDITURE ON
Raising funds
5
17,813
Charitable activities
6
Training
617
Independent living support
(15)
Employment
-
Policy
(1,236)
Core
250,813
Restricted
-
Other
1,802
Total
269,794
Net gains/(losses) on investments
11,458
NET INCOME/(EXPENDITURE)
(192,883)
Transfers between funds
16
154,033
Net movement in funds
(38,850)
RECONCILIATION OF FUNDS
Total funds brought forward
498,604
TOTAL FUNDS CARRIED FORWARD
459,754		 Restricted
funds
£
2
-
77,813
60,464
238,720
-
-
-
376,999
-
-
65,855
7,343
146,563
-
3,205
-
222,966
-
154,033
(154,033)
-
-
-		 2024
Total
funds
£
2,647
-
77,813
60,464
238,720
56,897
-
5,911
442,452
17,813
617
65,840
7,343
145,327
250,813
3,205
1,802
492,760
11,458
(38,850)
-
(38,850)
498,604
459,754		 2023
Total
funds
£
2,437
26,075
266,361
37,590
294,688
92,553
6,400
1,341
727,445
1,688
22,626
177,312
9,931
133,419
237,562
7,675
1,384
591,597
(7,978)
127,870
-
127,870
370,734
498,604

The notes form part of these financial statements

Page 10

Breakthrough U.K. Ltd

Statement of Financial Position 31 March 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
12
5,662
Investments
13
124,011
129,673
CURRENT ASSETS
Debtors
14
48,561
Cash at bank and in hand
315,384
363,945
CREDITORS
Amounts falling due within one year
15
(33,864)
NET CURRENT ASSETS
330,081
TOTAL ASSETS LESS CURRENT LIABILITIES
459,754
NET ASSETS
459,754
FUNDS
16
Unrestricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
-
-
-
-
-
-
-
-		 2024
Total
funds
£
5,662
124,011
129,673
48,561
315,384
363,945
(33,864)
330,081
459,754
459,754
459,754
459,754		 2023
Total
funds
£
533
112,553
113,086
68,648
363,024
431,672
(46,154)
385,518
498,604
498,604
498,604
498,604

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

05/06/2025

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. D Coulter - Trustee

The notes form part of these financial statements

Page 11

Breakthrough U.K. Ltd

Statement of Cash Flows for the Year Ended 31 March 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Other adjustments
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of fixed asset investments
Interest received
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2024
£
(46,620)
(11,459)
(58,079)
(6,930)
11,458
5,911
10,439
(47,640)
363,024
315,384		 2023
£
82,734
7,980
90,714
(530)
(7,978)
1,341
(7,167)
83,547
279,477
363,024

The notes form part of these financial statements

Page 12

Breakthrough U.K. Ltd

Notes to the Statement of Cash Flows for the Year Ended 31 March 2024

1.
RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
£
Net (expenditure)/income for the reporting period (as per the Statement
of Financial Activities)
(38,850)
Adjustments for:
Depreciation charges
1,802
(Gain)/losses on investments
(11,458)
Interest received
(5,911)
Decrease in debtors
20,087
Decrease in creditors
(12,290)
Net cash (used in)/provided by operations
(46,620)		 2023
£
127,870
1,384
7,978
(1,341)
6,065
(59,222)
82,734

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.23 Cash flow At 31.3.24
£ £ £
Net cash
Cash at bank and in hand 363,024 (47,640) 315,384
363,024 (47,640) 315,384
Total 363,024 (47,640) 315,384

The notes form part of these financial statements

Page 13

Breakthrough U.K. Ltd

Notes to the Financial Statements for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

2. DONATIONS AND LEGACIES
2024 2023
£ £
Donations 2,647 2,437
3. INVESTMENT INCOME
2024 2023
£ £
Deposit account interest 5,911 1,341

Page 14

continued...

Breakthrough U.K. Ltd

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

4. INCOME FROM CHARITABLE ACTIVITIES

Activity
Charitable activities
Training
Charitable activities
Independent living support
Charitable activities
Employment
Charitable activities
Policy
Charitable activities
Core
Charitable activities
Restricted
RAISING FUNDS
Other trading activities
Bad debts
CHARITABLE ACTIVITIES COSTS
Training
Independent living support
Employment
Policy
Core
Restricted		 Direct
Costs
£
617
9,431
1,122
50,356
57,367
2,305
121,198		 2024
£
-
77,813
60,464
238,720
56,897
-
433,894
2024
£
17,813
Support
costs (see
note 7)
£
-
56,409
6,221
94,971
193,446
900
351,947		 2023
£
26,075
266,361
37,590
294,688
92,553
6,400
723,667
2023
£
1,688
Totals
£
617
65,840
7,343
145,327
250,813
3,205
473,145

5. RAISING FUNDS Other trading activities

6. CHARITABLE ACTIVITIES COSTS

7.

SUPPORT COSTS

Management
£
Independent living support
55,670
Employment
5,933
Policy
94,971
Core
179,303
Restricted
-
335,877		 Governance
Finance
costs
£
£
-
739
-
288
-
-
994
13,149
-
900
994
15,076		 Totals
£
56,409
6,221
94,971
193,446
900
351,947

Page 15

continued...

Breakthrough U.K. Ltd

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£ £
Depreciation - owned assets 1,801 1,384

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

10. STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:
Management and administration staff
No employees received emoluments in excess of £60,000.
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2,436
Charitable activities
Training
26,075
Independent living support
-
Employment
-
Policy
-
Core
92,553
Restricted
-
Investment income
1,341
Total
122,405
EXPENDITURE ON
Raising funds
1,688
Charitable activities
Training
22,626		 2024
£
335,877
335,877
2024
-
Restricted
funds
£
1
-
266,361
37,590
294,688
-
6,400
-
605,040
-
-		 2023
£
433,698
433,698
2023
24
Total
funds
£
2,437
26,075
266,361
37,590
294,688
92,553
6,400
1,341
727,445
1,688
22,626

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Notes to the Financial Statements - continued for the Year Ended 31 March 2024

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
Independent living support
-
177,312
Employment
-
9,931
Policy
-
133,419
Core
237,562
-
Restricted
-
7,675
Other
1,384
-
Total
263,260
328,337
Net gains/(losses) on investments
(7,978)
-
NET INCOME/(EXPENDITURE)
(148,833)
276,703
Transfers between funds
276,703
(276,703)
Net movement in funds
127,870
-
RECONCILIATION OF FUNDS
Total funds brought forward
370,734
-
TOTAL FUNDS CARRIED FORWARD
498,604
-
12.
TANGIBLE FIXED ASSETS
Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 April 2023
306
23,279
Additions
-
6,930
At 31 March 2024
306
30,209
DEPRECIATION
At 1 April 2023
177
22,875
Charge for year
30
1,771
At 31 March 2024
207
24,646
NET BOOK VALUE
At 31 March 2024
99
5,563
At 31 March 2023
129
404		 Total
funds
£
177,312
9,931
133,419
237,562
7,675
1,384
591,597
(7,978)
127,870
-
127,870
370,734
498,604
Totals
£
23,585
6,930
30,515
23,052
1,801
24,853
5,662
533

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Notes to the Financial Statements - continued for the Year Ended 31 March 2024

13. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Listed
investments
£
MARKET VALUE
At 1 April 2023 112,553
Revaluations 11,458
At 31 March 2024 124,011
NET BOOK VALUE
At 31 March 2024 124,011
At 31 March 2023 112,553

There were no investment assets outside the UK.

Cost or valuation at 31 March 2024 is represented by:

Listed
investments
£
Valuation in 2020 (38,137)
Valuation in 2021 22,048
Valuation in 2022 1,035
Valuation in 2023 (7,978)
Valuation in 2024 11,458
Cost 135,585
124,011

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Included within the other debtors balance is an amount of £27,803, which is due from Equal Edge, a social enterprise company that has been set up within the year as the trading arm for the charity. The social enterprise has shares of £1, which is currently held by the Chair, David Coulter. The directors of the social enterprise are David Coulter, Terlumun Gasarah and Stacey Stanhope - all of whom have been trustees of the charity during the year.

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income		 2024
£
20,010
8,466
1,371
4,017
33,864		 2023
£
21,989
7,421
2,557
14,187
46,154

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Notes to the Financial Statements - continued for the Year Ended 31 March 2024

16. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Training
Restricted funds
Employment
Independent living support
Restricted
policy
TOTAL FUNDS
Net movement in funds, included in the above are as
Unrestricted funds
General fund
Training
Restricted funds
Employment
Independent living support
Restricted
policy
TOTAL FUNDS		 At 1.4.23
£
498,604
-
498,604
-
-
-
-
-
498,604
follows:
Incoming
resources
£
65,453
-
65,453
60,465
77,813
1
238,720
376,999
442,452		 Net
movement
in funds
£
(192,266)
(617)
(192,883)
53,122
11,958
(3,204)
92,157
154,033
(38,850)
Resources
expended
£
(269,177)
(617)
(269,794)
(7,343)
(65,855)
(3,205)
(146,563)
(222,966)
(492,760)		 Transfers
between
At
funds
31.3.24
£
£
153,416
459,754
617
-
154,033
459,754
(53,122)
-
(11,958)
-
3,204
-
(92,157)
-
(154,033)
-
-
459,754
Gains and
Movement
losses
in funds
£
£
11,458
(192,266)
-
(617)
11,458
(192,883)
-
53,122
-
11,958
-
(3,204)
-
92,157
-
154,033
11,458
(38,850)

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Notes to the Financial Statements - continued for the Year Ended 31 March 2024

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Training
Restricted funds
Employment
Independent living support
Restricted
policy
TOTAL FUNDS		 At 1.4.22
£
370,734
-
370,734
-
-
-
-
-
370,734		 Net
movement
in funds
£
(152,194)
3,361
(148,833)
27,659
89,050
(1,275)
161,269
276,703
127,870		 Transfers
between
funds
£
280,064
(3,361)
276,703
(27,659)
(89,050)
1,275
(161,269)
(276,703)
-		 At
31.3.23
£
498,604
-
498,604
-
-
-
-
-
498,604

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Training
Restricted funds
Employment
Independent living support
Restricted
policy
TOTAL FUNDS		 Incoming
resources
£
96,330
26,075
122,405
37,590
266,362
6,400
294,688
605,040
727,445		 Resources
expended
£
(240,546)
(22,714)
(263,260)
(9,931)
(177,312)
(7,675)
(133,419)
(328,337)
(591,597)		 Gains and
Movement
losses
in funds
£
£
(7,978)
(152,194)
-
3,361
(7,978)
(148,833)
-
27,659
-
89,050
-
(1,275)
-
161,269
-
276,703
(7,978)
127,870

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Breakthrough U.K. Ltd Notes to the Financial Statements - continued for the Year Ended 31 March 2024

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Training
Restricted funds
Employment
Independent living support
Restricted
policy
TOTAL FUNDS		 At 1.4.22
£
370,734
-
370,734
-
-
-
-
-
370,734		 Net
movement
in funds
£
(344,460)
2,744
(341,716)
80,781
101,008
(4,479)
253,426
430,736
89,020		 Transfers
between
funds
£
433,480
(2,744)
430,736
(80,781)
(101,008)
4,479
(253,426)
(430,736)
-		 At
31.3.24
£
459,754
-
459,754
-
-
-
-
-
459,754

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
161,783
Training
26,075
187,858
Restricted funds
Employment
98,055
Independent living support
344,175
Restricted
6,401
policy
533,408
982,039
TOTAL FUNDS
1,169,897
(		 Resources
expended
£
(509,723)
(23,331)
(533,054)
(17,274)
(243,167)
(10,880)
(279,982)
(551,303)
1,084,357)		 Gains and
Movement
losses
in funds
£
£
3,480
(344,460)
-
2,744
3,480
(341,716)
-
80,781
-
101,008
-
(4,479)
-
253,426
-
430,736
3,480
89,020

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 21

Breakthrough U.K. Ltd

Detailed Statement of Financial Activities for the Year Ended 31 March 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Investment income
Deposit account interest
Charitable activities
Charitable activities
Total incoming resources
EXPENDITURE
Other trading activities
Bad debts
Charitable activities
Charitable activities
Other
Depreciation of tangible fixed assets
Support costs
Management
Wages
Finance
Bank charges
Governance costs
Accountancy and legal fees
Total resources expended
Net (expenditure)/income before gains and
losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net (expenditure)/income		 2024
£
2,647
5,911
433,894
442,452
17,813
121,198
1,802
335,877
994
15,076
492,760
(50,308)
11,458
(38,850)		 2023
£
2,437
1,341
723,667
727,445
1,688
145,102
1,384
433,698
1,217
8,508
591,597
135,848
(7,978)
127,870

This page does not form part of the statutory financial statements

Page 22