CARING BREAKS LIMITED
Statement of Financial Activities {Including Summary Income and Expenditure Aeeount)
for the year ended 31 March 2024
Unrestricted RLstri¢ted
Funds
Funds
Totsl
Total
2024
2024
2024
2023
Income from:
Chariiable activities
Donations
Inveslment Income
Notes
229,038
79.064
1.182
229.038
86,841 165.905
J.182
267.446
63,488
214
Total incoming resources
309,284
86,841 396,125
331,148
Expendlture on:
Charilable aciivities
(316,962) (89.799)(406,76I)
{461,450)
Total expenditure
(316,962) (89,799)(406,761)
{461,450)
Net Income before transfers
(7,678)
(2,958) (10,636)
(130,302)
Net fincomlng resources
(7.678)
(2,958) {10.636)
(130,302)
Fund balances brought forward
45,874
8,558 54,432
184,734
Fund balance$ carrled forwgrd
38,196
5,600 43,796
54,432
All of the above results are derived from continuing gains and losses recognised in
the year are included above.
The notes on pages 13 to 21 forni an integral part of these financial statements.
Page 11

CARING BREAKS LIMITED
Balance sheet
as at 31 March 2024
2024
2023
Notes
Current assets
Debtors
Cash at bank and in hand
8.793
118.556
4,763
88,039
127.349
92.802
Credltors: amounts falling
due within one year
(83.553)
(38,370)
Net current assets
43.796
54.432
Net a￿ets
43.796
54,432
Funds
Unrestricted funds
Restricted funds
10
10
38.196
5.600
45.874
8.558
Total funds
43.796
54.432
The financial statements were approved by the Direciors on and signed and approved for issue on its behalf
by
J Donagh
Director
The notes on pages 13 to 21 form an integral part of these flnancial statements.
Page 12

CARING BREAKS LIMITED
Notes to the financial statements
for the year ended 31 March 2024
Aeeounling polficl&s
Company information
Caring Breaks Limited is a Company limited by guarantee. registered in Northern Ireland. The address
of the registered office is 6c Wildflower, Apollo Road, Belfast, Northern Ireland, BT12 6TA.
Accounting conventlon
The accounts have been prepared in accordance with the charity's Memorandum and Anicles of
Association, the Companies Act 2006 and"Accounting and Reporting by Charities.. Stalement of
Recommended Practice applicable to charities preparing their accounts in accordance with (he Financial
Reporting Standard applicable in the UK and Republic of Ireland published in October 2019" The
harity is a Public Benefit Enlity as defined by FRS 102.
The financial statements are prepared in sterling, which is the funclional CU￿encY of Ihe company.
Monetary amounis in these financial staiements are roundcd to ihe nearest £.
The financial siatemenis have been prepared under ihe historical cosi convention. The principal
accounting policics adopied are sei out below.
1.2. Going concern
Al ihe lime of approving the financial statements. Ihe truslees have a reasonable expectation that the
charity has adequaie resources 10 continue in operational existence for the foreseeable future. Thus the
truslees conlinue to adopt the going concern basis of accounting in preparing the financial stalements.
1.3. Charilable funds
Unreslricted funds are available for use at the discrelion of Ihe trustees in furtherance of Iheir charitable
objectives.
Restricted funds are subject to specific conditions by donors or graniors as to how they may be used.
The purposes and uses of Ihe reslricled funds are set out in Ihe notes lo the financial statements.
1.4. Incoming resources
Income is re¢ognised when the charify is legally entitled to it after any performance conditions have
been met. the amounts can be measured reliably. and it is probable that income will be received.
Cash donations recognised on receipi. Other donations are recognised once the charity has been
notified of the donation, unless performance conditions require defe￿al of the amount. Income lax
recoverable in relation to donations received under Gift Aid or deeds of covenanl is recogni5ed al the
time of the donation.
L¢gacies ar¢ recogni5ed on receipt or otherwise if the charity has been notified of an impending
distribution, the amount is known, and receipr is expected. If the amount is noi known, the legacy is
treated as a conlingent assel.
Investment income is recognised onc¢ the incom¢ and been declared and notified to bank accounts.
Page 13

CARING BREAKS LtMITED
Notes to the financial statements
for the year ended 31 March 2024
. continued
1.5. Resources expended
All expenditure is accounted for on an aetruals basis.
Expenditure is recognised where there is a legal or constructive obligation to make payments lo third
parties. il is probable that the settlement will be required, and the amount of the obligation can be
measured reliably.
1.6. Tangible fixed auets and depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuaiion, net
of depreciaiion and any impairnient losses.
Depreciation is provided at raies calculated to write off the cost less residual value of each asset over ils
expected useful life, as follows..
Fixtures, fittings
and equipment
20
straight-line
The gain or loss arising on the disposal of an asset is delennined as the difference belw¢¢n the sale
proceeds and ihe carrying value of the asset. and 15 recognised in the statement of financial activi(ies.
Impairment of fixed a￿ets
Ai each reporting end date, the charily reviews the carrying amounts of ils tangible assets lo delerniine
whe(her there is any indicaiion thai those asset5 have suffered an impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to deterniine the extent of the
impairmen( loss (if any).
1.8. Cash at bank and In hand
Cash and cash equivalents include cash in hand. deposit5 held al call with banks. other short-temi
liquid investments with original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown within bor￿wingS in CUTTent liabilities.
Page 14

CARING BREAKS LIMITED
Notes to the financial statements
for the year ended 31 March 2024
continued
1.9. Ffinanclal Instruments
The charity has elected to apply the provislons of Section I I 'Basic Financial Instruments. and Section
l2 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instrumenls are recognised in Ihe charity's balance sheet when the charity becomes party lo
the conlractual provisions of the instrument.
Financial assets and liabilities are offset, with (he net amounts presented in Ihe financial statements.
when there is a legally enforceable righi to sel off the recognised amounts and Ihere is an intention to
serrle on a net basis or to realise the asset and settle the liabilily simullaneously,
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances. are initially measured at
transaction price including Iransaction cosls and are subsequently carried at amortised cost using the
effective interest method unless Ihe arrangement conslilutes a financing transaction. where the
Iransaction is measured ai the present value of the furure receipts discoun(ed a( a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Baslc flnanclal Ilabllltles
Basic financial liabilities, including creditors and bank loans are initially recognised at Iransaction price
unless (he arrangement consciDJtes a financing Iransaction, where Ihe debt instrumeni is measured at the
preseni value of the future payments discounted al a market rate of inieresl. Financial liabilities
classified as payable wiihin one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using rhe effective inierest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are classified as current liabilities if payment is
due wilhin one y¢ar or less. If not, they are presented as non-current liabilities, Trade crediiors are
recognised initially and subsequently al transaction price.
1.10. Taxation
Th¢ charity is an exempi Charity within ihe meaning of Schedule 3 of the Charilies Act 2011 and is
considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets
the definition of a charitable company for UK corporation tax purposes.
1.11. Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee, s services
are received.
Termination ben¢fi¢S are recognised immediately as an expense when the charity is demonstrably
conmnitted to t¢rniinat¢ the employment of an employee or to provide iermination benefits.
Page 15

CARING BREAKS LIMITED
Notes to the financial statements
for the year ended 31 March 2024
. continued
1.12. Retlrement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Net Ineomlng resources for the year
2024
2023
Net incoming resources is stated after charglng:
Depreciaiion and other amounts written off tangible asseis
Auditors, remuneration
2.465
3,600
3.193
Employees
Number of employees
The average monthly numbers of employees
during the year were:
2024
2023
Respite workers
Management and adminisiralion
35
34
38
37
Employment costs
2024
2023
Wages and salaries
Employers national Insurance
Pension costs
258.981
9,751
3.453
272,026
16.074
3.617
272.185
291,717
There were no employees earning over £60,000 in the two years ended 31 March 2024.
The charity trustees were not pald or received any other benefits from employment with the charity,
neither were ihey reirnbursed expense5 during the year (2023; £Nil).
Page 16

CARING BREAKS LIMITED
Notes to the financial statements
for the year ended 31 March 2024
. continued
unr￿trICted Restricted Total
2024
2024
2024
Total
2023
4. Total income received
Chgrltable Actlvitles
BHSCT Grants
SEHSCT Grants
201.261
27.778
201,261
27,778
194.380
29.125
229.039
229.039
223.505
Donatlon Income
Individual donations and service payments
Program grants (note 10)
79,063
79,063
86.841
63.488
43,941
86,841
79,063
86,841
165,904
107.429
Investment IDcome
Bank interest
1,182
1,182
214
309,284
86.841
396,125
331,148
In 2023 of the total charitable income £287.207 was allrlbutable to unrestricied
income funds with the balance £43,941 adding to the restricted funds.
Page 17

CARING BREAKS LIMITED
Notes to the financial statements
for the year ended 31 March 2024
. continued
Tot21
2024
Total
2023
S. Total resources expended
Costs directly allocated to
eharitable activities
Direct costs
Staff cos(s
Activities and travel
Staff recrnitment and training
132.742
63,466
2,485
157,227
95,853
4,559
Support costs
Staff costs
Rent
Insurance
Running costs
Fund raising ¢os¢s
Other costs
139,443
33.250
6.397
11,338
9.047
5.400
134,490
33.250
5.904
17.636
1,066
5.400
403,568
455,385
Governance costs
Audit fees
3.193
3,600
Depreciatlon
Depreciation on intangibles, fixtures and computers
2,465
406,761
461,450
Analysls by fund
Restricted funds
Unrestricted funds
89,799
316,962
406.761
For the year ended 31 March 2023
Restricted funds
Unrestricted funds
133.220
328,230
461,450
Page 18

CARING BREAKS LIMITED
Notes to the financial statements
for the year ended 31 March 2024
continued
Taxation
No liability to UK corporation lax arises on ordinary activities for the year. The Company is a
registered chariry .
Fixtures,
fltllngs and
equipment
Tanglble flxed assets
Total
Cosl
Ai l April 2023
18,104
18.104
At 31 March 2024
18.104
18.104
Depretiation
Al l April 2023
18.104
18,104
Al 31 March 2024
18.104
18,104
Debtors
2024
2023
Other debtors
Prepaymen(s and accrued income
6,366
2,427
2,740
2,023
8,793
4,763
Creditors: amounts falling due
within one year
2024
2023
Other taxes and social security costs
Other crediiors
Accwals and deferred income
5.505
8.313
69.735
5.084
1.561
31,725
83.553
38.370
Page 19

CARING BREAKS LIMrrED
Notes to the financhal statements
for the year ended 31 March 2024
. continued
10.
Restrlcted Programme Funds:
Balanee
Incoming Outgoing
Balance
l April 2023 Resources Resources Trgnsfers 31 March 2024
Unrestrlcted Funds
General fund
45.874
309,284
(316.962)
38,196
45,874
309.284
(316,962)
38,196
Restrlcted funds
Edward Gostling
UGV
Career Support Fund
St James Place
The Hospital Saturday Fund
Esme Milchel Trust
Hedley Foundation
TBL & TL Thompson
Bally Thomas
CB & HTT Trust
Ulster Bank Group
Enkalon Foundation
LFT Grani
Garfield Wesion
1,843
4,500
2,215
4,600
(6,443)
(4.500)
(35,315)
(3,921)
33.100
3,921
4,600
2,810
2,810
1,500
3,000
1,000
1.000
4,600
(2,810)
(2,810)
(1.500)
(3,000)
( 1,000)
( 1,000)
1,000
7.500
20,000
(7,500)
(20,000)
8,558
86,841
(89,799)
5,600
Tolal funds
54.432
396.125
(406,761)
43,796
Unrestricted Restricted
reserve
reserve
fund
fund
ii.
Analysis of net assets between funds
Total
Fund Balances at 31 March 2024
represented by:
Net currenl ass¢ts
38,196
5,600
43,796
38.196
5.600
43.796
Page 20

CARING BREAKS LIMITED
Notes to the financial statements
for the year ended 31 March 2024
continued
12.
Related party transactions
The charities pension provider, Workers Pension Ltd, is deemed a relaied party through common
directorship. These costs amounted to £3,454 (2023..£3,617).
There were no other material transactions to disclose during the year.
13.
Ultimate Controlling party
The ultimate controlling party of the charity is Ihe Tnjstees.
14.
Company limited by guarantee
The chariiy is a company limiled by guaraniee governed by a Memorandum and Articles of Association.
The liability of each member is limited io an amount not exceeding £1.
Page 21