Company registration number. CE001579 Charity registration number. 1158156 Breakeven Annual Rewt and Financial Statements for the Year Ended 31 March 2025
Brcakeven Contents Reference and Adminisirative Details Trustees, Report 2to5 Independent Auditors, Report 6t08 Statem¢nt of Finan¢ial A¢tivities Balance Sheet 10 Statement of Cash Flows Notes to the Financlal Ststements 12to20
Breakeven Reference and Administrative Details Charity Re£tstratlon Number 1158156 Company Registration Number CE001579 The charity is incorporated in United Kingdom . 22 Kemps HurstpieTpoint Wesi Sussex BN6 9UF Registered olee Accountsnts SRC Advisory Ltd Preston Park House South Road Brighton East Sussex BNI 6SB Bankers HSBC 50 Church Road Burgess Hill West Su&8ex RG15 9AE Page I
Breakeven Trustees, Report The tNstees, who are dirttiors for the purposes of company law* present the annual report together with the financial statements and auditors, report of the ¢haritable company for the year ended 31 Mah 2025. Objectives and activltles Objects ond a¢ilvliafor ¢hepubllc benejll The purpose of the charity is to protect and preserve health and relieve need among people suffering from addiction5 and addictive behaviours, particularly. but not exclusively gambling and their families and ¢ar¢rs by . a) providing treatment solutions and support b) providing qualified therapy and counselling C) providing on80in8 SUPPOrt and programs to those suffering from addiction. The principal activities of the charity in the period under review were that of the provision of counselling and support services designed to advance and improve the quality of life of individuals and families through the delivery of effcctive and responsive intervenlions, therapi¢s and couns¢lling sessions that seek to r¢solv¢ problems and issues. In addition, the charity provides quality training and guidance to others operalin8 in these are&s. Our strategic vision is to build on the pasl work in the present and plan for the future. Aclilevementsl perfornionce andplansfor ihefuiure The results for th¢ year and financial position of the charity are as shown in the anncxed financial ststements. The charity received grant funding from Gambleaware,the chosen charity to Commission Gamblin8 Related Harni services across the United Kingdom. Breakeven were commissioned to deliver treatment and awareness raising services in the East and Southeast of England by engaging with prospective clients and mobilising local Systems and working closely with these systems io ensure Gambling was seen as an addiclion in the same way (hey recognise Drugs and Alcohol and other addi¢¢ions. In addition, the charity has continued to develop a vast range of counselling and support services it provides, which now includes WINGS which is a group for Women in need of gambling support and Greenshoots which is an aftercare grouped developed to allow clients to engage in a complete client journey that supports sustainable rccovery. The charity was instrumental in co creating an Oulcom¢s Framework that helped a¢hiev¢ its objectives in Preventing Escalation of Harn]s, Ensurin8 Holistic Treatment, dUCIng barriers that drive inequality across society whilst Ensuring individuals received the mosl appropriate service and ultimately ensuring Recovery las During the year the charity also continued work within the criminal Justice system delivering over 1000 AQA level l accreditations to both Prisoners and Professionals within the criminal justice system. The charity managed to build relationships within the criminal justice system Ihat resulted in delivering (reatment and awareness training io over 2500 people across 15 different prisons in the East and South East of England. The charity engaged with multiple local councils and caring agencies which resulted in 2 local conferences being delivered to over 400 peopl¢. Br¢akcven also ,in partnership with Beacon Counselling Trus¢ delivered the WO Place Charter to various organisations and businesses across its regions. The Charity continued to deliver its core prnw and wds able to deliver its core Treatment services to over 5000 clients this financial year... The plans for the future is to secure ongoing funding to make sure the Charity ¢an continue to grow and reach more and more people that are in nttd of our services. &8 we have seen this year the need for our services is on an upwards spiral. During the year the Charity also received an award from HMP Highpoint recognising its outstanding work within the prison Community. Pa8e 2
Breakeven Trustees, Rcport Ruervespollcy andgobig concern The Charity is working endlessly to bridge the gap between the spending and receiving of income and have found it difficult due to the nature of its current fimding and expenditure, but is continually looking at ways to add to its current reserves. which is minimal at the end of this financial year. In preparing ihe accounts, the trustees considered that the rharity has a reasonable expectation to continue to receive incoming resources, to enable it to continue its operations for the foreseeable future Finan¢lal revlew Principalfundlng sources The principal source of fitnds are from Gambleaware the Commissioner for research ,¢ducation and Treatment for those affected by gambling related hann. Funds are received from Gamcare on behalf of Gambleaware as Br¢akeven is a partner of Gamcare the National centre for Problem gambling Treatment Trustees and officers The trustees and officers serving during the year and since the year end were as follows: Trustees: Gordon Chapman Wayne Keane David John West¢ott Strueturei governance and management Ndlure ofgovernlng documenl Memorandum of Articles Reeruilmeni and appoliitment oflruslees The procedures for the appointment, retirement and removal of trustees are set out in the Constitution. The daY-loaY operational aSpts of the charity have been delegated to the C.E.O Ian Semel and C.O.O Alex Semel Arrangemenlsforselllng key managemeiiipersoniiel remuiierallon The trustee4 who met at rcgular intervals to fomiulate policy and d¢¢isions during the year, including the aTrangements and criteria for setting the pay and remuneration of the cherity's key management personnel Wa¢ K¢ane ( appointed 3010512018) G Chapman ( appointcd 24102114) D Westcott ( appointed 2210512022). Organlsallonal slruclure The organisation is a CIO registered as a charity on 7th August 2014 The charity is governed by the policies made from time to time by the trustees together with the ternis of its Constitution which set out the objects and powers of the charity. Page 3
Breakeven Trustces, Report Major rtsks andmanagemen¢ oflhose rlsks Risk Managemeni The trustees have a risk management strntegy which comprises." an annual review of the principal risks and uncertainties that th¢ charity faces and th¢ ¢stsblishment of policies. systems, and procedures to mitigate those risks identified in the review. Financial sustainability is the major financial risk for the charity. A key element in the management of financial risk is a regular review of available liquid funds to settle debts and outgoing5 as they fall due and a¢tiv¢ management of trade debtors and creditor balances to ensure sufficient working capital is available. Attention has been focused on non-financial risks and HR risks - an external audit by Stallard Kane helped us identify our current robust procedures and areas to focus on for next financial year. Risks managed by ensuring procedur Risk Assessments and policies up to de. with robust HR policies in place and, regular awareness training for staff. Relatlonshlps with r¢l8ted partlcs RelAtcd Partles None of the trustees receive remuneration or other financial benefit from their positions as trustees of the charity ond any contractual relationship with a related party must be disclosed to the board of trustees. Induetlon and trvdlnlng of Truslccs New tntee5 receive basic training and meet with existing trustees to understand their roles and the charity's operations. Trustees hav¢ received and consid¢r¢d relevanl Charity C(xnmission guidanrx on public benefit to ensure the charity's aclivities align with its objectives. Statement ofTrustees' Responslbllltles The trustees (who are also the directors of Breakeven for the purposes of Company law) are responsible for preparing the tntsiees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generdlly Arxepted Accounting Pra¢ti¢¢) and applicable law and regulations. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare financial statements for each finaneial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the charitable company and of its incoming resources and applieation of resource4 includin8 its income and expenditure. for that period. In preparing these finan¢ial sthternen the trustees ar¢ required to: select suitable accounting policies and apply them Consistently. observe the methods Bnd principles ID the Charities SORP: make judg¢m¢nts and estimates that are rca50nabl¢ and prud¢nL" state whether applicable UK AOUntIng Standards have been followed. subject lo any material departures disclosed and explained in the finan¢ial statements. and Page 4
Breakeven Trnstees, Report 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 ar¢ responsible for keeping adequate accounting records that are sulTicient to show and explain the charitable CoMpanS transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Charities Act 2011 and Charity SORP (FRS102). They are also responsibl¢ for safeguarding the assets of the charitable company and hence for taking reasonablc steps for the prevention and detection of fraud and other irregulariti¢s, Disclosure of Inlormatlon to audltor Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit inforniation and to estsblish that the charity's auditor is aware of that infomation. The trus1¢¢5 confimi that th¢r¢ is no relevant infonnation that they know of and of which they know the auditor is unaware. Small eompanles provlslon statement This rcport has been prepared in accordance with the small companies regime under the Companies Act 2006. The annual report was approved by the Iruste¢s of the Charity on and signed on its b¢half by: Wayne K Chairnian a ne stee Page 5
Breakeven Independent Auditor's Report to the Members of Breakevcn Opinion We have audited the financial slatements of Breakeven (the 'charity') for the year ended 31 March 2025 which comprise the Ststement of Financial Activities, Balance SheeL Statemen¢ of Cash Flows, and Notes ¢0 the Financial Statements. including significant accounting policies. The financial reporting frdmework that has been appli¢d in their preparation is applicable law and United Kingdom Accounting Stsndards. including 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 the financial statements: give a true and fair view of the state of the charity's affairs as at 31 March 2025, and of its incoming resources and application of resource4 including its income and expenditure. for the year then ended: have been properly prepared in accordan¢¢ with United Kingdom Genernlly Accepted Accounting Practice; and have been prepared in acrd8ft with the requirements of the Charities Ac¢ 2011. Basls for oplnlon We conducted our audit in accordance with International Siandards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under thos¢ stand5 are further described in the auditor responsibilities for the audit of the financial stat¢ments section of our report. We are independent of the charity in a¢¢ordance with the ethical requirements that are relevant to our audit of the financial sta¢ements in th¢ UK, including the FRC'S Eihical Standard, and we have fulfilled our oth¢r ethical responsibilities in accordanc¢ with these requirements. We believ¢ thal the audit evidcncc we have obtsined is sutTieient and appropriate to provide a basis for our opinion. Page 6
Breakeven Independent Auditor's Report to the Members of Breakeven Conclusions relating to going coneern In auditing the financial statements, we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the fjnancial statements is appropriate. Based on the work we have perfomirf we have not identified any material uncertainties relating to events or conditions thal individually or collectively. may ¢ast significant doubt on the charitys ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of thc trustees with respect to going concern are des¢ribed in the relevant sections of thi5 report. Other Inforniation The other inforniation comprises the inforniation included in the Trustees, RepoiL other than the financial statements and our auditor's report thereon. The trustees are responsible for the other inforniation. Our opinion on the financial statements does not cover the other inforniation and we do not express any forni of assurance conclusion thereon. Our responsibility is to read the other inf0mtion an in doing so. consider whether the other inforniation is materially inconsistent with the financial stat¢m¢nts or our knowledge obtained in the cours¢ of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detem)ine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we hav¢ perfornied. we conclude that there is a material misstatement of this other infonnation. we are required to report that fa¢L We have nothing to report in this regard. Matters on whlch wc are requlred to report by exeeptlon We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if. in our opinion: the inforn)ation given in the TThtee5' Report is inconsistent in any material respect with the financial statements. or sutTicient accounting records have not been kepL or the financial statements are not in agreement with the accounting records: or we have not received all the infornation and explanations we require for our audiL Responsibilities of trustees As explained more fully in the Tntees, responsibilities statement set out on page 4-5. the Tnlee$ are responsible for the preparation of the financial statements and for being satisfied thai they give a true and fair view. and for such internal control as the Trustees detennine is necessary to enable the preparation of financial statements that are free from material misstatemenL whether due to fraud or error. In preparing the financial Statemen the Trustees are responsible for assessing the charity's ability to continue as a going concern, dis¢losin& as applicable. matters rclated to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternativ¢ but to do so. Page 7
Breakeven Independent Auditor's Report to the Members of Breakeven Auditor responsibilities for the audit of the financial statements We have been appointed as auditor undcr stttion 144 of the Charities Act 201 l and report in accordance with the Att and relevant regulations made or having eff¢¢t thereunder. Our objectives are to i)btain reasonable assurance about wh¢th¢r the financial ststements as a whole are free from material misslatement. whether due to fraud or error, and to issue an auditor's report that include5 our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in th¢ aggregat¢, they could reasonably be expected to influence the economic decisions of users taken on the basis of these fJnan¢ial ststem¢nts. The extent to which our procedures are capable of detecting iTrcgularities. including fraud is detailed below: B¢¢ause of the inherent limitations of an audiL there is a risk that we will not detect all irregularities, including those leading to a material misststement in th¢ financial statements or nonwcompliance with r¢gulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of nonvcompliance. The Tisk is also greater regarding irregularities occurring due to fraud rdther than error, a5 fraud involves inientional concealmenL forgery, collusion, omission or misrepresentation. A further description of our responsibilities is available the FRC¥ website at: https:Ilwww.frc.org.uk/auditorslaudit-assurdnttlauditor-S-responsibilities-for-the-auditpof-the-fildescription-of-the -auditor OAE20/0800/099s-responsli )ilities-for.This description forn)s part of our auditor's r¢porL We communicate with those charged with governance regardin& among other matters. the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Use ofour report This report is madc solely to the charity's Itee5, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Re8ulation5 2008. Our audit WO has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fvllest extent pennitted by law. we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body. for our audit worK for this pOr4 or for the opinions we hav¢ fonned (S¢nior Statutory Auditor) For and on behalf of SRC Advisory Ltd. SL2tutory Auditor Preston Park House South Road Brighton East Sussex BNI 6SB Page 8
Brcakeven Statement of Financial Activitics for the Year Ended 31 March 2025 (Including Income and Expcnditure Account and Statement of Total Recognised Gains and Losses) Unrestricted runds Total 2025 Note Income and Endowments from: Donations and legacies Investment income 2,182.604 5.675 2,182,604 5,675 Total in¢ome 2,188,279 2.188,279 Expenditur¢ on: Charitable activities (2,051.700) (2,051,700 Total expenditure (2,051,700 (2,051,700 Net income 136,579 136.579 Net movement in funds 136.579 136.579 Rcconelllatlon of funds Total funds brought forward 59,703 59.703 Total funds carried forward 196.282 Unrestrieted funds 196,282 Total 2024 Iyote Encome and Endowments from: Donations and legaci¢s Investhient income 1.691,211 3,025 1,691,211 3,025 Total income 1,694,236 1.694,236 Expcnditurc on: Charitable a¢tivities 1,686,548) (1,686,548) Total expenditure Net income (1,686,548) (1,686,548 7,688 7.688 Net movemenl in funds 7.688 7.688 Reconeiliation of fund$ Total funds brought forward 52,015 52,015 Total fimds carried forward 59,703 All of th¢ ¢harity'S activities derive from continuing operations during the above two periods. 59.703 The notes on pages 12 to 20 forni an integral part of these financial stat¢ments. Page 9
Breakeven (Registration number: CE001579) Balanee Sheet as at 31 March 2025 2025 2024 Note Flxed assets Tangible assets 10 85,570 90,517 Current assets Dcbtors Cash at bank and in hand 12,643 177.891 69,879 14,693 84,572 12 190,534 Credltors: Amounts f2lllng due wlthln onc year 13 79.822 115,386 Net ¢urr¢nt ass¢tsl(Ilablllties) 110,712 30,814 Net assets 196,282 Funds of the eharlty: Unrestrleted Income fund$ Unrestricted funds 196,282 59.703 Tolal funds 196.282 59,703 The fin cial statements on pages 9 to 20 were approved by the trustees, and authorised for issue on 2*/J.i. .zSnd signed on their behalf by: Wayne K Chaim)an a ne The notes on pages 12 to 20 fonn an integral part of these financial statements. Page 10
Breakeven Staterncnt of Cash Flows for the Year Ended 31 March 2025 2025 2014 Note Cash flows from operating 4ctlviti¢s Net cash incomc 136,579 7.688 Adjustments to cash flows from non-eash items Depreciation Inveslment income 29,583 (5,675 160,487 20.870 3,025 25,533 Worklng capltal adjustments Decreasel(in¢rease) in debtors (Decreaseyincrease in creditors Net Cash flows from operating activities 57236 (35,564 (39,674) 73,821 13 182,159 59,680 Cash flows from Investlng actlvltlcs Interest receivable and similar income Purchase of tangible fixed assets 5,675 (24,636 3,025 54,099 10 Net cash flows from investing activities Net in¢r¢as¢ in cash and cash equivalents Cash and cash equivalents at l April Cash and cash equiv81ents at 31 March 18,961 51,074 163.198 8.606 6,089 177,891 14,695 All of the cash flows are derived from continuing operations during the above two periods. The notes on pages 12 to 20 forni an integrnl part of these financial statements. Pag¢ll
Breakeven Notes to the Financial Statements for the Year Ended 31 March 2025 l Aceountlng polieics Statcment ofcomplion¢e The financial statements have been pr¢pared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Charities A¢t 2011. Basis of preparatlon Breakcv¢n meets the definition of a public benefit entity under FRS 102. Assets and liabiliti¢s are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Golng eonecrn The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect th¢ catrying valu¢ of assets held by the charity. Income and cndowmcnts All income is recognised once the charity has entitlem¢nt to the income, it ss probable that the income will be received and the amount of the income receivable can be measured reliably. Grajits reeelvable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfonnance conditions are attached to the grdnt and are yet to be mel the income is recognised as a liability and includcd on the balance sheet as deferred income to be released. liiveslmenl Iheoine Dividends are recognised once the dividend has been dexlared and notification has been received of the dividend due. Expendlture All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it is probabl¢ settlement is required and the amount can be m&gsured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that calegory. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources. with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support ¢o$ts are allocated based on the spread of staff costs. Ralslngfunds These are costs incurred in attracting voluntary income, the management of investments and those Incurred in trading activities that raisc funds. Charltable acllvllles Charilable expenditure comprises those c05ts incurred by the charity in the delivery of its activit1¢5 and services for its beneficiaries. 11 includes both costs that Can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Page 12
Breakeven Notes to the Financial Statements for the Year Ended 31 March 2025 Support costs Support costs include central functions and have been allocated to activity Cost categories on a basis ¢onsistent with the use of resour¢¢s. for example, allocating property costs by floor areas, or per capitffj staff costs by the time spent and other costs by their usage. Governgnee eosts These include the costs attributabl¢ to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees's meetings and reimbursed expenses. Taxatlon The Charity is considered to pass the tests set out in Paragraph I S¢h¢dule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable Company for UK eorporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent tha( such income or gains are applied exclusively to chariiable purposes. Tanglble flxed assets Individual fixed assets costing £100.00 or more are initially recorded at cost, l¢ss any subsequent accumulated depreciation and subsequent accumulated impairnient losses. Deprcclatlon and amortlsatlon Depreciation is provided on tangible fix¢d assets so as to write off the Cost or valuation, less any ¢stimated residual value, over their expected useful economic life as follows: Asset elas$ Otrice equipment Fixtures & fittings Dcpreclatlon mclhod and rate 250/0 straight line 250/0 reducing balance Cash and cash equlvalents C8sh and cash equivalents comprise cash on hand and call deposils, and other short-tenn highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in valu¢. TrAde creditors Trade crcditors are obli8ations to pay for goods or servic¢s that have been acquired in the ordinary course of business from suppliers. A¢¢ounls payable are classified as current liabilities if the charity does not have an unconditional righi at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the r¢porting date. If there is an unconditional right to defer settlement for at leasl twelve months after the reporting date, they are presented as non•CUt liabilities. Trade creditors are recognised initially at the transa¢tion pri¢e and subsequently measur¢d at amortised cost using th¢ cff¢ctive interest method. Page 13
Breakeven Notes to the Financial Statements for the Year Ended 31 March 2025 Borrowings Interest-bearing borrowings are initially record at fair value, net of trantIOn costs. Interest-bearing borrowings are subsequently Carried at amortised cosl with the difference between the proceeds net of transaction costs, and the amount due on redemption being recognised as a charge to the Statemenl of Financial Activities over the period of the rel¢vant borrowin& Interest expense is reCOlSed on the basis of the effec¢ive inter¢st method and is included in interest payable and similar charges. BOOWingS are ¢lassifi¢d as current liabilities unlus the charity has an unconditional right to defer settlement of the liability for at least e1ve months after the reporting date. Fund structure Unrcstricted income fjjnds are general funds that arc available for use at the trustees discrction in furtherance of the objectives of the charity. Flnanclal Instruments Classlflcarfon Financial assets and financial liabilities are recognised when the charity becomes a party to the contrdctual provisions of the instrument. Financial liabilities and equity instruments are classified xcording to the substance of the contra¢¢ual arrangements entered into. An equity instrum¢nt is any contrdct that evidences a residual interest in the assets of the charity after deducting all of its liabilitics. 2 Incorne from donations and legacies Unrestricted runds Genergl Totsl runds Grdnts. including capital grants; Grdnts from other chariti¢s 2.182.604 2.182,604 Totsl for 2025 2,182.604 2,182,604 Totsl for 2024 .691.211 .691211 3 1nve5tmcnt Income Unrestricted funds General Total funds Interest receivable and similar income; Interest receivable on bank deposits 5.675 5,675 Total for 2025 5.675 5,675 Total for 2024 3.025 Pag¢ 14
Breakeven Notes to the Financial Statements for the Year Ended 31 March 2025 Unrestrlcted funds Ccneral Total 2024 Interest receivable and similar income; Interest receivable on bank deposits 3.025 3,025 3.025 3,025 4 Expendlture on charitable octlvltles Unrestrlcted funds General Total 202S Notc Activities undertaken directly Allocated support costs Staff costs 479,975 167,986 1.337,493 479,975 167,986 1,337,493 1985 454 1985.454 Unrestrleted fund5 Ceneral Total 2024 Note Activities undertakcn dirtlY Allocated support costs SiatT¢osts 474.097 145.871 1,040,487 1,660,455 474,097 145,871 1,040,487 1,660,455 In addition to the expenditure analysed above, there are also governan¢e costs of £66,247 (2024 £26.093) which relate directly to charitable a¢tivities. See note S for rther details. Page 15
Breakeven Notes to the Financial Statements for the Year Ended 31 Mareb 2025 S Analysi5 of governance and support costs Support costs allocated to tharitable Aetlvltles Other Inlormatlon Administration sUPPOrt technology costs costs Totsl funds Basis of alloeatlon Telephone and fax Computer software and maintenance Printin& postage and stationery Accountancy fees Legal and professional fees Depreciation Staff entertaining Consultancy fees 32260 32,260 58,426 58,426 10,006 10,006 18,650 1,197 29,583 7,068 10,796 18,650 1,197 29,583 7,068 10,796 Total for 2025 58,426 42.266 67,294 167,986 Total for 2024 36,094 39,053 70,724 145,871 Basis ofallocatlon Reference Method of allocation Unrcstrict¢d funds Governanec costs Unrestricted funds General Total funds Audit fees Audit of the financial stat¢m¢nts Marketing and publicity Other governance costs 24,960 40.308 978 24,960 40,308 978 Totsl for 2025 66,246 06,246 Total for 2024 26.093 26,093 6 Net Incomingloutgoing resources Net incoming resources for the year include: Page 16
Breakeven Notes to the Financial Statements for the Year Ended 31 March 2025 2025 2024 Audit fees Depreciation of fixed assets 24,960 29,583 24,000 20.412 7 Tru5t¢es rcmuncritlon and expenses Dwing the year the charity made the following trnnsactions with trustees: Wayne Keane £Nil (2024: £669) of expenses were reimbursed to Wayne Keane during the year. Davld John Wt$teott £Nil (2024: £500) of expenses were reimbursed to David John Westcott during the year. Gordon ChApman £Nil (2024: £533) of expense5 wer¢ reimbursed to Gordon Chapman during the year. No remuneration was rec¢ived by any Trustee. Page 17
Breakeven Notes to the Financial Statements for the Year Ended 31 Mareh 2025 8 Stsff costs The aggregate payroll costs were as follows: 2025 2024 Staff eo$ts durlng the ycar were: Wages and salaries Social security costs Pension costs Other sthff costs 1,129,139 116,106 77,276 14,972 1,337,493 895,892 86,948 47,084 10,563 1040.487 The monthly average number of persons (including senior management I l¢adership team) employed by the charity durin8 the year expressed as full time equivalents was as follows: 2025 2024 Number of staff 32 25 During the year the charity made the following transactions with key management personnel.. C.E.O The C.E.O received remuneration of £134,764 (2024: £137,850) and £6,430 (2024: £5,956) of ¢xpens¢s were r¢imbursed during the year. c.o.o The C.O.O received remuneration of £105,200 (2024: £103,222) and £4.368 (2024: £10,691) of expenses were reimbursed during the year. 9 Audltors, remuneratlon 2025 2024 Audit of the financial statements 24,960 24,000 Page 18
Breakeven Notes to the Finaneial Statements for the Year Ended 31 March 2025 l O Tgnglble fixed assets Furnlture and equipment Totsl Cost At l April 2024 Additions 155,634 24,636 155,634 24,636 At 31 March 2025 180,270 180270 Depreclatlon At l April 2024 Charge for the year At 31 March 2025 65,117 29,583 65,117 94,700 94,700 Net book value At 31 March 2025 85,570 85,570 At 31 March 2024 90,517 90.517 I l Debtors 2025 2024 Trade debtors PrepayThents Other debtors 60.000 9,879 9.643 3,000 12.643 12 Cash and cash equivalents 2025 2024 Cash at bank Short-terni deposits 27,891 150,000 177,891 14,668 25 14.693 13 CrltorS. amounts falling due within one year 2025 2024 Trade creditors Other Lqxation and social security Other creditors Accruals 3.385 33,759 23,137 19,541 79,822 25,146 64,630 14.210 11,400 115386 Page 19
Breakeven Notes to the Financial Statements for the Year Ended 31 March 2025 14 Penslon and other schemes Defined eontrlbutlon pension scheme The charity operates a defined contribution pension $chem¢. Th¢ pension $t charge for the year represents contributions payable by ihe charity to the s¢hem¢ and amounted to £A7,083.93 (2024 - £9.681.53). 15 Analysls of net Issets between funds Unrestrlet¢d funds General Tolal funds at 31 March 2025 Tangible fixed asse¢s Current assets Curreni liabilities 85,570 190,534 79.822 85,570 190,534 79,822) Total net assets 196282 196,282 Unrestrlcted funds General Total funds at 31 MAr¢h 2024 Tangible fixed assets CuTrent assets Current liabilities 90,517 84,572 (115 386 59,703 90.517 84,572 115,386) Total net assets 59,703 16 Related party transa¢tlon$ Breakcvcn Counselling Ltd (The CEO and the COO are directors and owners of Breakev¢n Counselling Ltd.) During the financial year. the charity incurred expenses of £5,368.70 for car leases and motor ¢osts, which were paid on its behalf by Breakeven Counselling Ltd and the charity In¢U¢d ¢xp¢ns¢s of £21.571.63 in relation to consulting services. a total of £26,940,33 was incurred, a related party. These expenses have been recognised in the Sial¢mcnt of Financial Activities (SOFA) for ihe current year. At the balance sheet date, 31 March 2025, th¢ amount due to Breakeven Counselling Ltd was £5.369 {2024 - £Nil). Brcakeven Awareness and Training CIC (The CEO and the COO are directors and owners of Break¢v¢n Awareness and Training CIC.) During the financial year, the charity incurred expenses of £Nil in relation to consulting services provided by Breakeven Awareness and Training CIC, a related party. These expenses have been recognised in the Statement of Financial Activities (SOFA) for the current year. At the balance sheet dale, 31 March 2025, the amount due to Breakeven Awareness and Trainlng CIC was £484 (2024 - £484). Page 20
Breakevcn Statement of Financial Activities by fund for the Year Ended 31 March 2025 Unrestricted Funds Total TotAI Unre5tritt¢d Unrestrleted Funds Funds 2025 2024 Income and Endowments from: Donations and legacies Inv¢stment income 2.182,604 5.675 1.691.211 3,025 Totsl income 2.188,279 1,694,236 Expendllure on: Charitable activities 2,051.700 1,686,548 Totsl expenditure 2 051.700 1,686,548 Net income 136,579 7,688 Net movement in funds 136,579 7,688 Reconelllatlon of funds Total funds brought forward 59,703 52.015 Total funds carried forward 196282 59,703 This page does not fonn part of th¢ statutory financial statements. Page21
Breakeven Detailed Statement of Financial Aetivities for the Year Ended 31 March 2025 Total 2025 Total 2024 Income and Endowments from: Donations and legacies (analysed below) Investment income (analysed below) 2.182,604 5,675 1,691.211 3.025 Total income 2.188279 1,694,236 Expenditure on: Charitable activities {analysed below) (2.051,700) {1.686.548) Total eXpditUre Net income {2.051.700) 1,686.548) 136,579 7.688 Nct movement in funds 136.579 7.688 Reeonelllatlon or runds Total funds bmught forward Total fimds carried forward 59.703 52,015 196.282 59,703 This page docs not form part of the statutory financial statements. Page 22
Breakeven Detailed Statement of Financial Aetivities for thc Year Ended 31 March 2025 Total 2025 Total 2024 Donatlons and legacles Grants - other agencies 2.182,604 2,182,604 1,691,211 1,691,211 Inveslmenl income Interest 5,675 5.675 3.025 3.025 Charilable aclivllles Counsellors Rent (150.825) (147,279) (1,415) (1,766) (25,082) (14.016) (15.441) (4,351) (2,643) (55,345) (19.577) (23.421) {18,814) {1,129,139) (116,106) (77,276) (14,149) (823) (32,260) (58,425) (10,006) (7,068) (18,650) (10,797) (1,197) (11,530) (18,053) {40,308) (710) (24,960) (268 (136,844) (114,190) (761) (645) (93,083) (10,098) (8.487) (9,198) (4,409) {45.703) (14,992) (19,166) (16,521) (895,892) (86,948) (47,084) {10,494) (69) (19,758) (36,094) (19,295) (6.514) (23,588) (16,017) (3,736) (8,935) (11,934) Rates LighL heat and power Staff trdTnin8 Insuran¢¢ Repairs and maintenance Trdde subscriptions Cleaning Motor expenses Travel and subsistence Advertising Customer entertaining (disallowable for tax) Wages and salaries Staff NIC (Employers) SLqff pensions (Defined contribution) - pension scheme I Private hulth insurance Staff w¢lfare Telephon¢ and fax Computer software and maintenance costs Printin& postage and station¢ry Staff entertaining (allowable for tax) Ac¢ountan¢y fees Consultancy fees Legal and professional fees Depreciation of fixtures and fittings Depreciation of office equipment Regional board exps Bank charges The audit of the charitys annual accounts Other interest payable (710) (24,000) (1,383) This page does not forni part of the statutory financial statements. Page 23
Breakeven Detailed Statement of Financial Activities for the Year Endcd 31 March 2025 Total 2025 Total 2024 2051.700 1686 548 This pag¢ does not forni part of the statutory financial statements. Page 24