Addlctlons North East Charity No. 1102494 Company No. 05028930 Trustees, Report and Audlted Accounts 31 January 2025 Addlctlons North East Contents Pages 2to4 Trustees, Annual Report Auditor's Report Statement of Financial Activities 5t07 Summary Income and Expendlture Account Balance Sheet io Statement of Cash flows li Notes to the Accounts 12to18 Detailed Statement of Financial Activlties 19to20 Page I ADDICTIONS NORTH EAST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE PERIOD ENDED 31 JANUARY 2025 The trustees present their annual report and financial statements for the Period ended 31 January 2025. The financial statements have been prepared in accordance with the accounting poliaes set out in note to the financial ststements and comply with the 's governing dO￿rnent, the Companies Act 2006, FRS 102 'Tr Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Chartties SORP "Accounting and Reporting by Charities". Ststement of Recommended Practice applicable to charits'es preparing their accounts in accordance wrih the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS 102)" Objectives and actlvllles Public benefft The trustees have paid due regard to guidarKe issued by the Charity Commission in deciding what activities the should undertake. Achlevements and performance SignifrAnt 8ctivib.es and achi8vements against obi8(*Nes Financial review Reserves policy It is the policy of the charity that unrestricted funds wthich have nol been designated for a specffic use should be maintained at a level equlva￿nt to behveen three- and six-month's expenditure. The trustees consider that reserves at this level will ensure thac in the event of a significant drop in funding. they will be able to continue the charity's current activities while consideration is given to ways in ￿1¢h additional funds may be raised. This level of reserves has been maintained throughout the p￿10d. Structure. governance and management The is a company limited by guarantee .... . The trustees. are also the directors for the purpose of company law. and who served during the period and up to the date of signature of the financial statements were: Elizabeth Barnes lain Kay Charfotte Lilley Frank Nicholson Jane Vickers Anthony Welsh R8crnitment 8nd appointment of tnistees 1. Skills Audit & Needs Assessment The lyoany identifies gaps in skills. exp81ianc8, or￿preSentatIon (e.g., legal, finan￿, lived expeiience, dwersity) and defines what kind of tmstee is needed. 2. Role Description & Advernsement A t￿stee role dgSCriPtion is c￿ated. 1X￿lnIng responsibilit&s. expectstN)n4 and tenn limits. The mle is then 8otrertised thn)ugh." Chanty websites (e.g., Reach Volunteering. Geth"ng on Boarfj Local nelwotks or newsletters Social media andprofessional ne1wv￿$ 3. Application & Shortlistsng Interested individuals submit an application or expreSS￿n of interesl. The boanl ora nominations subcommittee shortlists Gandidates based on alignment wtth the chaiity's mis￿on and ￿quirEd skill& 4. Intervlew & Veth"ng Shortlisted Gandidates aTr interyiewed. and refer8nces may be taken. Eligibilty checks (e.g., disqualification under the Chanties Act) a￿ also conduded. 5. Board Approval & Appolntment The boanl fom7ally approves the ap￿ntn￿t, often thmugh a vote. Tr new tnjstee is then registered with thg Charity Commission. 6. Induction & Onboarding New tnistees receive an induction pac*, meet the team. and are intll)duced to the chanty's govemance documents, finances, and stTrtegK plan. ADDICTIONS NORTH EAST None of the trustees has any beneficial interest in the company. All of the trustees a￿ members of the company and guarantee to contribute £1 in the event of a winding up. The company's current policy conceming the payment of trade creditors is to follow the CBI'S Prompt Payers Code (copies are available from the CBI, Centre Point. 103 New Oxford Street, London WC1A 1 DU>. The company's current policy conceming the payment of trade creditors is to= settle the terms of payment with suppliers when agreeing the terms of each transaction., ensure that suppliers are made aware of the terms of payment by indusion of the relevant temis in contracts., and pay in accordance with the company's contractual and other legal obligations. Trade creditors of the company at the year end V￿re equivalent to XX day's purchases, based on the average daity amount invoiced by suppliers during the year. Organisational stnictura Board Advisors rEo Bustness Devtloprnent Op£i¥bon5 QUSing la.-.3*er Management Kit£hen .IBifiteoance FinaThce Train￿£ gaV￿R Admint5tratior.. ITISy5tea CguDselling TearR Leaders G50UPS ADDICTIONS NORTH EAST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 JANUARY 2025 Statemont of tru8tse8' responslbllltles The trustees, who are alp>O the directors of Addictions North East for the purpose of company law. are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United 'ngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial Statements for each financlal Period which give a true and falr view of the state of affairs of the and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that Period. In preparlng these financial ststements. the trustees are required to: select suitable accountlng policies and then apply them consisterfy; - observe the methods and principles In the Charltles SORP: make judgements and estimates that are reasonable and prudent: state whether applicable UK Accounting Standards hava been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going conGem basis unless it is inappropriate to presume that the wlll continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any tlme the financial F)OSitlon of the and enable them to ensure that tha financial statements comply with the Companies Act 2006. They are also responslble for safeguarding the assets of the and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. Audftor In accordance thith the company's artldes, a resolutlon prop08ing that BK Plus Limited be reappointed 88 audltor of the company will be put at a General Meetlng. The trustees, report wa8 approved by the Board of Trustees. laln Kay Date: ............................................. ADDICTIONS NORTH EAST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ADDICTIONS NORTH EAST Opinion We have audited the financiaI statements ofAddictions North EL8t (the ") for the year ended 31 January 2025 which comprise the statement of financiaI activities. the balance sheel the statement ofc&sh flows and notes to the financial stat&nents, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and Unitsd Kingdom Accounting Standards, includtng Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, th¢ financial statements: give a trne and fair view of the stste ofthe charitable company's affairs &s at 31 January 2025 and of its in¢omin8 resour￿$ and application of resources, for the year then ended. have been properly prepared in a¢cordan¢e with United Kingdom G￿er8]ty Accepted ALxounting Practice; and have been prepared in acwrdance with the requirements of the Companies Act 2(Kl6. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applA¢able law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements seclion of our reporL We are independent of the in acLx)rdance with the ethical requirements that are relevant to our audit of the financial stalements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our othff ethical responsil)ilities in a￿Ordanl% with these requirements. We believe that the audit evidence we hav¢ obtained is sufficient and appropri* to provide a basis for our opini¢)n. Conclusions relating to going concern In auditing the financial statements, we have concluded th* the trustees, use of the going con¢ern basis of aco)unting in the preparation of the financial ststcrn¢nts is appropriate. Based on the work we have ￿formed, we have not identified any matcrial un¢ertsinties r¢laling to events or conditions tha¢ individually or collectivcly, may cast Significant doubt on the 's ability to continue as a 80in8 concern for a period of at le￿1 twelve months from when the financial Statements are authorised for issue. Our responsibilities and the reS￿nSIbilitieS of the trustees with respert to going con¢ern aye described in the relevant sections of this report. Other information The othcr infonnation comprises the inforniation included in the annual report other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other infonnation contsined within the annual report. Our opinion on the financial statements does not cover the other Anfonnation and w¢ do not expr&8s any forni of wurance cA)nclusion thereon. Our responsibility is to read the other infornation and. in doin8 so, consider whether the other Info￿at￿on is materially inconsistent with the financial statemcnts or our knowledge obtsined in the eA)urse of the audiL or othenvise appears to be materially misstate If we identify such material inconsistencies or apparent material misstatements, we are required to detennine whether this gives rise to a matsrial misstatement in the financial statements themselve5. If. based on the WOTk we have perfomied. we conclud¢ that there is a material misstatement of this other lnforn)atio￿ we are required to report that f￿L W¢ have nothing lo report in this regard. Matters on which we are required to report by exception We have nothing to report in respect ofthe following matters in ￿latiOn to whi¢h theclwitics (Ac¢ountsgnd Reports) Regulations 2008 requires us to report to you if, in our opinion: the infonnation giv¢n in the financial sthtements is inconslstent in any m*erial respect with the tru5tees' rq)O¢ or sufficient accounting records have not been kepL or the financial statements are not in agTeCm￿t with the aLYountiog records. or- we have not rtrxived all the infomiation and explanations we require for our audiL INDEPENDENT AUDITOR'S REPORT (CONI1NL￿D) ADDICTIONS NORTH EAST TO THE TRUSTEES OF ADDICTIONS NORTH EAST Responsibilities of trustees As explained more fi)Ily in the statement oftnts, resp)nsibilities, the trustees. who aTe also the directOTS of the for the purpose of company law, are responsible for the prepaTalion of the financial sthtrments and for being satisfied that they give a true and fair view, and for such internal control ls the truste￿ deterniine is ne￿SSary to enable the preparation of financial statements that are free from material rnisstatemenL whether due to fraud or error. In preparing the finan¢ial statements. the trnstees are responsible for assessing the 's ability to rA)nlinue as a going con4xty di￿losin& as applicable, matters Telated to going L¥)nccm and using the going concern basis of accounting unless the trustees eithff intend to liquidate the chaTitable company or to ¢eas¢ operations. or have no realisti¢ alternative but to do so. Auditoes responsibilitics for the audit of the financial statements We have been appointed as a￿lItOr undff section 144 ofthe CharitiesAct 2011 and report in accordance with theA¢t and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance alxxrt whethtr the fllW)cial stateM￿ts as a whole are free from rnateTial misstatement, whether due to fraud or error, and to issue an auditorfs report that includ&s our opinion. Reasonable assurance is a high level of assurance but is not a guardntee that an audit conduthd in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misststements can arise from fraud or error and aff ￿nSidered material if. individually or in the aggregat4 they could reasonabty be expected to infiufflce the e&xIt￿MiC decisions of ￿ tsk￿ on the b&8is of these financial statements. Irregularitie5, including fraud, are instances of nOn-￿)mpliance with laws and regulations. We design pr￿edureS in line with our responsibilities, outlinuj above, to detect Materi￿ miSstat￿ents in rtsp￿t of irregularities. including fraud. To the extent to which our procedures are capable of detecting irreguJaTiti* including fraud is detailed below. From the preliminary stsges of the audiL we ensure our understanding of the entity is up to date. This include4 but is not limited to, current knowledge of their activities. the i￿sInesS and control environments, and their compliance with the appli¢able and regulatory fram¢wotks. This infonnation supports our risk identification and the subsequent design of audit procedure5 to mitigate those risks. ensuring that the audit evidfflce obtsined is sufficialt and appropriate to supp)rt our opinion. In response to the risks identifi&l S￿ifiC to this thtity. we d&signed pr(Kedures which in¢lud& but were not limitsj to: O Enquiry of management and those charged with govemance around actual and potential litigation and claims. [] Reviewing minutes of meetings of those charged with governance, where available. Reviewing financial statement disclosurts and testing to supw)rting documentation to assess LX)mpliance with applicable laws and regulations. O Auditing the risk of management override of wntroK including through testing joumal ffltries and other adjustments for appropTiatene4 and evaluating the business rationale of significant transactions outside the nonnai course of business. Because of the inheTent limitations of an audiL there is a risk that we will not detect all irregularitie4 including those Icading to a material misststement in the financial statements OT DOn-￿MplI8nce with regulation. This risk increases the rn0￿ that complian¢e with a law or regulation is removed from the events and transactions refiected in the financial statements. as we will be less likely to become aware of instances of nonr the year ended 31 January 2025 d funds 2025 Total funds Total funds 2025 2024 2025 Income and endowments from: Donations and legacies 29,582 29,582 Other trading activities 1,846,508 1.846,508 1,846,508 1,846,508 1,124,562 1,124,562 Investments 2,402 2,402 2,402 2,402 2,911 2,911 Other 150,641 150,641 56,062 21,875 77,937 Grant recelved - Bernlcla 150,641 150,641 Total Income and endowments 2,1)J9,160 2,009,160 1,234,992 Expendlture on: Charltable actfvftles 1,635,898 1,635,898 1,635,898 1,635,898 1,070,464 1,070,464 Totsl of expendlture on tharftable •ctivltles 1,070,464 1,635,898 1,635,898 General administrative costs, including depreclation and amortisation Depreciatlon of Freehold Depreciation of Motor Vehicles 4,871 24,954 29,825 4,871 24,954 29,825 820 820 Legal and professional costs Audit/lndependent examinatlon fees Accountancy and bookkeeplng Management charges 8,0(MJ 5J)10 39,950 52,960 5,010 39,950 52,960 2,470 145,100 154,170 Totsl of expendlture of other costs Total expenditure Net gains on investments 82,785 82,785 154,990 1.718.683 1.718.683 1,225,454 2￿,477 9,538 Net income 290,477 Page 19 Addictions North East Detsiled Statement of Financial Activiti Net Income before other gainsl(losses) Other Gains 2￿.477 290,477 9,538 Net movement in funds 290,477 290,477 9,538 Reconclllatlon of funds: Total funds brought forward 370,179 21.875 392,054 382,516 Total fund5 carrfed forward 660,656 21,875 682,531 392,054 Page 20