COMPANY REGISTRATION NUMBER: N1029469 CHARITY REGISTRATION NUMBER: NIC103733 CAUSE (Nl) Limited Company Limited by Guarantee Financial Statements 31 March 2025 Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN
CAUSE (Nl) Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the director's report) Independent auditor's report to the members ststement of financial activities (including income and expenditure account) 13 Statement of financial position 14 Statement of cash flows 15 Notes to the financial statements 16
CAUSE (Nl) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The trustees. who are a150 the directors for the purposes of company law. present their report and the financial statements of the charity for the year ended 31 March 2025. Reference and administrative details Registered charity name CAUSE {Nl) Limited Charity registration number NIC103733 Company registration number N1029469 Principal office and regISted Unit 2 Lesley Office Park office 393 Holywood Road Belfast, Antrim BT4 2LS Northern Ireland The trustees Dr M Mccann S Byrne {Chairperson) C Coulter Dr G Dickson G Maguire S Bowman (Resigned 10 January 2025) (Appointed 10 January 2025) Auditor Finegan Gibson Ltd Chartered accountants & statutory auditor Causeway Tower 9 James Street South Belfast BT2 8DN
CAUSE (Nl) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Structure, governance and management Governing Document Cause (Nl) Limited is a company limited by guarantee governed by its Memorandum and Articles of Association dated 7th December 2013. Cause INI} Limited is a registered charity with the Charity Commission for Northern Ireland. Cause {Nl} Limited is a membership organisation with currently 69 members, each of whom agrees to contribute £1 in the event of the charity winding up. Appointment of trustees The Chairman and the Trustees recruit and select new Trustees as needed. New Trustees are recruited on the relevance of their professional skills, and their potential to be able to make a helpful Contribution to the governance of the charity. As part of the recruitment process they are made aware of a Trustees, legal obligations under charity and company law. the content of the Memorandum and ArtIGles of Association. the committee and decision making processes, the business plan and recent financial performance of the charity. Once the potential new Trustee has agreed to be considered for appointment to the role, the Trustees meet to review and to vote on the candidates, suitability for appointment. If there is unanimous agreement, their names are then proposed for appointment, to the voting Members of the Company at the next Annual General Meeting. Trustee induction and training Trustee Induction and training is in line with the Code of Good Governance and follows an agreed protocol of Policy and Procedure, which is documented and recorded. Arrangements for setting pay and remuneration of key management personnel The directors consider the board of directors, who are the Charity's trustees. and the senior management team comprise the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to day basis. All directors give of their time freely and no director received remuneration in the year. The pay of the senior staff is reviewed annually in accordance with available benchmarking information through Nl Council for Voluntsry Action (NICVAI and is aligned to the published NJC Scales. In view of the nature of the Charity, the directors also benchmark against pay levels in other similar size charities run on a voluntary basis. The remuneration bench-mark is the mid-point of the range paid for similar roles. Organlsation structure and how charity makes decisions The board of trustees, which can have up to 10 members, administers the charity. The board normally meets quarterly and there is a sub-committee covering finance which nomially meets quarterly, and on an ad hoc basis where necessary. A Chief Executive is appointed by the trustees to manage the day- to-day operations of the charity. To facilitate effective operations. the Chief Executive has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance. employment and direct charitable activities. Relationships with related parties None of our trustees receive remuneration or other benefit from their work with the charity. The organisation has a robust Conflict of Interest Policy, and a Register of Interests which is updated at least annually.
CAUSE (Nl) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {conlinuedJ Year ended 31 March 2025 Risk management The trustees have a risk management strategy which comprises= an annual review of the principal risks and uncertainties that the charity faces.,, the establishment of policies, systems and procedures to mitigate those risks identified in the annual review- and ' the implementation of procedures designed to minimise or manage any potential impact on the charty should those risks materialise. Objectives and activities Established in 1995, CAUSE is a regional peer-led charity which provides practical and emotional support for carers of loved ones with serious mental illness. Our team of Carer Advocates provides a wide range of support to carers who are caring for loved ones with serious mental illness such as severe depression, personality disorder, psychosis, bi-polar disorder and schizophrenia. In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit. CAUSE'S activities fall under two of the e1ve charitable purposes outlined in public benefit statutory guidance for Northern Ireland namely: The relief of those in need - The advanrnent of education How we meet public benefit criteria is outlined in the Company's objects as quoted below: To provide relief, education and support to those caring for individuals with a serious mental illness.... The strategies employed to achieve the charity's aims and objectives are to provide: Support group facilitation One-to-one advocacy support Telephone Helpline support Training for carers and professionals Co-ordination of social activity events Opportunities for carer involvement in policy and service development The structure, governance and management of the organisation include CAUSE'S team and Board currently comprising= 5 Trustees 14 Carer Advocates Ifull-time and part-time) Community Engagement Fundraiser Head of Operations Lead Finance Office Support Chief Executive CAUSE 15 a membership organisation with 69 members registered. The peer-led ethos of CAUSE is translated into its recruitment and selection of the Board, management and its advocacy team. The Board 069 Trustees meets once every quarter and the Finance Sub-committee also meets quarterly with additional meetings when required.
CAUSE (Nl) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Achievements and performance During the year of 2024-2025 Cause continued to work towards the delivery our range of services, providing mental health carers with practlcal and emotional support by enhancing their knowledge. skills and resilience as carers, and thereby work towards the strategic goals agreed for the period. The organisation continues to raise awareness of the significant Caring roles undertaken by mental health carers and the need for carer involvement in service development and planning. These high level goals were monitored and managed though advocacy and support setvice delivery to carers Regionally across Northem Ireland, and through specific Service Level Agreements with the Belfast Health & Social Care Trust, the Southern Health and Social Care Trust. the South Eastem Health and Social Care Trust and the Western Health and Social Care TNst. In addition to the core work activities of Carer Advocacy and support, CAUSE Carer Advocates and the wider staff team ensured that carers could avail of Short breaks activities and take a break with recreational and learning based activities Go-ordinating social events for carers throughout the year. Psycho educational training continues to be delivered and Ihe organisation Cause Nl continues to ensure the needs and views of those carers who are caring for loved ones with serious mental illness are represented at a wide range of appropriate policy, strategic partnerships and decision making fora.
CAUSE (Nl) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Financial review Financial review At the end of the financial yearto 31 March 2025 CAUSE is in a position with a deficit of £59,57112024= Surplus of £11,281) Income during 2024125 was £490,407 (2023124: £518.756). The major income streams during the year comprised of £439.776 (2023124-. £460,510} from Charitable Activities- £16.721 (23124.. £26,742) from Donations and Legacies, £269 (2023124: £1,226) from Trading Activities and £33.641 (2023124: £30.278) from Other Income. Charitable Activities main income streams are from Health Care Trusts, DHSS&PS(NI) & the Community Foundation Nl for carers, Halifax and CLEAR. Trading activities comprise of money received from membership fees. Other Income consists mainly of Short breaks funding, this is mainly funded from Belfast Health & Social Care Trust, South Eastem Health and Social Care Trust and the Westem Health and Social Care Trust. Details of all income streams are detailed in the Statement of Financial Activities and notes 5-9 of the accounts. Expenditure for the year amounted to £549.978 (2023124.. £507,475). Expenditure is used to deliver CAUSE'S strategic objectives through SeNice Level agreements with Health Trusts and other project work undertaken. Capital Investment During the financial year £4,899 was spend on capital investment for Office Equipment. The trustees, having regard to the liquidity requirements of the charity. have kept available funds in an interest-bearing deposit account. Reserves policy and going concern ReseNes are needed to bridge the timing gap between spending and receiving income and to cover unplanned temporary shortfalls in income should they arise. Holding adequate reserves safeguards the provision of our services in the event of unexpeGted significant financial pressures. The trustees consider that the idea level of reserves are between three to six months of unrestricted expenditure which for the year ended 31 March 2025 is between £137,494 and £274,988. Unrestricted reserves freely available to spend are £275.999. This level of reserves is in excess of the target level required as outlined above. The trustees believe this represents a sufficient level of reserve to ensure that the going concern assumption is appropriate. Plans for future periods The organisation continues to strategically plan taking into account the major developments in our wider sector. Objectives for the period are set to ensure that the organisation continues to maintain and develop a contemporary. relevant and sustainable service to our carers. particularly taking account the DOH 1 Oyear Mental Health Strategy 2021-2031.
CAUSE (Nl) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 Trustees. responsibilities statement The trustees. who are also directors for the purposes of company law, are responsible for preparing the trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)- Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including Ihe income and expenditure, for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently., observe the methods and principles in the applicable Charities SORP., make judgments and accounting estimates that are reasonable and prudent. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitys transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the chaiity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor Each of the persons who is a trustee at the date of approval of this report confirms that: so far a5 they are aware. there is no relevant audit infomiation of which the charity's auditor is unaware; and they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charitys auditor is aware ofthat information. Small company provlslons This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 22 September 2025 and signed on behalf of the board of trustees by.. G Maguire Trustee
CAUSE (Nl) Limited Company Limited by Guarantee Independent Auditor's Report to the Members of CAUSE (Nl) Limited Year ended 31 March 2025 Opinion We have audited the financial statements of CAUSE (Nll Limited (the 'charity') for the year ended 31 March 2025 which comprise Ihe statement of financial activities (including income and expenditure account). statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including FRS 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 ofthe state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice- have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UKI) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit ofthe financial statements section of our report. We are independent ofthe charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charity's 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 the trustees with respect to going concern are described in the relevant sections of this report.
CAUSE (Nl) Limited Company Limited by Guarantee Independent Auditor's Report to the Members of CAUSE (Nl) Limited (contlnued) Year ended 31 March 2025 Other information The other information comprises the infomiation included in the annual report, other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other infomiation. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. Sn connection with our audit of the financial statements. our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other infomiation. If. based on the work we have performed, we conclude that there is a materia5 misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements. and the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires u5 to report to you if. in our opinion: adequate accounting records have not been kept, or returns adequate for our audit have not been ceived from branches not visited by us: or the financial statements are not in agreement with the accounting records and retums., or certain disclosures oftru5tees' remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit. or the trustees were not entitled to prepare the financial ststements in accordance with the small companies regime and take advantage of the small Gompanies, exemptions in preparing the directors, report and from the requirement to prepare a strategic report.
CAUSE (Nl) Limited Company Limited by Guarantee Independent Auditor's Report to the Members of CAUSE (Nl) Limited (¢ontinued) Year ended 31 March 2025 Responsibilities of trustees As explained more fully in the trustees, responsibilities statement. the trustees (who are also the directors forthe purposes ofcompany law) are responsible forthe preparation ofthe financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and Intemational Standards on Auditing (UK}- Those standards require us to comply with the Financial Reporting Council's (FRC'S) Ethical Standard for Auditors,, in the circumstances set out in note 24 to the financial statements. In preparing the financial statements, the trustees are responsible for assessing the Gharity's ability to continue as a going concern, disclosing. as applicable, matters related to going concem and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no realistic alternative but to do so.
CAUSE (Nl) Limited Company Limited by Guarantee Independent Auditor's Report to the Members of CAUSE (Nl) Limited (continuedj Year ended 31 March 2025 Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes 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 the aggregate. they could reasonably be expected to influer)Ge the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below- In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following.. the nature of the industry and sector, control environment and business performance including the design of the remuneration policies. key drivers for directors, remuneration, bonus levels and performance targets., results of our enquiries of management about their own identification and assessment of the risks of irregularities., any matters we identified having obtained and reviewed documentstion of their policies and procedures relating to: identifying. evaluating and complying with laws and regulations and whether management were aware of any instances of non-compliance., detecting and responding to the risks of fraud and whether management have knowledge of any actual. suspected or alleged fraud. the internal controls established to mitigate risks of fraud or non-Gompliance with laws and gUlations. the matters discussed among the audit engagement team including significant Component audit teams and relevant internal specialists. including tax and valuations specialists regarding how and where fraud might occur in the financial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud. In common with all audits under ISAS (UK), we are also required to perform specific procedures to respond to the risk of management override. We also obtsined an understanding of the legal and regulatory frameworks in operation, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosuS in the financial statements. The key laws and regulations we Gonsidered in this context included ongoing compliance with the UK Companie5 Act and tax legislation. In addition. we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental for their ability to operate or to avoid a material penalty. 10
CAUSE (Nl) Limited Company Limited by Guarantee Independent Auditor's Report to the Members of CAUSE (Nl) Limited (continued) Year ended 31 March 2025 As part of an audit in accordan with ISAS (UK). we exercise professional judgment and maintain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements. whether due to fraud or error, design and perfom audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations. or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal conlrol. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the tnjstees. Conclude on the appropriateness of the trustees. use of the going concem basis of accounting and, based on the audit evidence obtained. whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going COnrn. If we conclude that a material uncertainty exists, we are required to draw attention in our auditorfs report to the related disclosures in the financial statements or. if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation. structure and content of the financial statements. including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 11
CAUSE (Nl) Limited Company Limited by Guarantee Independent Auditor's Report to the Members of CAUSE (Nl) Limited (continued) Year ended 31 March 2025 We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings. including any significant deficiencies in intemal control that we identify during our audit. Use of our report This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body. for our audit work, for this report, or for the opinions we have formed. Paul Dolan FCA (Senior Statutory Auditor) For and on behalf of Finegan Gibson Ltd Chartered accountants & statLrtory auditor Causeway Tower 9 James Street South Belfast BT2 8DN 22 September 2025 12
CAUSE (Nl) Limited Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 Restricted funds Total funds 2024 Unrestricted funds Total funds Noto Income and endowments Donations and legacies Charitable activities Other trading activities Other income 16,721 408,036 269 33,641 16,721 439.776 269 33,641 26,742 460,510 1,226 30,278 31,740 Total income 458,667 31,740 490,407 518,756 Expenditure Expenditure on charitable activities Total expenditure 494,406 55,572 549,978 507.475 494,406 55,572 549,978 507.475 Net {expenditure)lincome 135.739) (23.832) (59,571) 11.281 Transfers beeen funds 4,990 (4,990) Net movement in funds 130,749) 128.822) (59.571) 11.281 Reconciliation of funds Totsl funds brought fomard Total funds carried forward 311,208 28.822 340,030 328,749 280,459 280,459 340,030 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 16 to 26 form part of these financial statements. 13
CAUSE (Nl) Limited Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets 15 4,460 1,558 Current assets Debtors Cash at bank and in hand 16 10,789 311.328 16,372 362,535 322.117 378,907 Creditors: amounts falling due within one year Net current assets 17 46,118 40,435 275.999 338,472 Total assets less current liabilities 280,459 340.030 Net assets 280,459 340,030 Funds of the charity Reslricted funds Unrestricted funds 28,822 311,208 280,459 Totsl charity funds 20 280.459 340,030 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 22 September 2025. and are signed on behalfof the board by.. nd G Maguire Trustee The notes on pages 16 to 26 forni part of these Ilnanclal ststgments. 14
CAUSE (Nl) Limited Company Llmited by Guarantee Statement of Cash Flows Year ended 31 March 2025 2025 2024 Cash flows from operating activities Net lexpenditure)lincome (59.571) 11,281 Adjustments for.. Depreciation of tangible fixed assets Interest payable and similar charges Loss on disposal of heritsge assets Accrued expensesl(income) 1,756 254 241 9,320 1.615 243 1994) Changes in.. Trade and other debtors Trade and other creditors 2,299 {353) (46.054) 1318) 129.235) {17,408) Cash generated from operations Interest paid Net cash used in operating activities (254) (46,308) {243) (17,651) Cash flows from investing activities Purchase of tangible assets Proceeds from sale of tangible assets Proceeds from sale of heritage assets Net Gash used in investing activities 14,899) 241 (241) (4,899) (619) {619) Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 151,207) 362,535 (18,270) 380,805 311.328 362,535 The notes on pages 16 10 26 forrn part of these financial statements. 15
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General information The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is Unit 2 Lesley Office Park, 393 Holywood Road, Belfast, Antrim, BT4 2LS, Northern Ireland. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities SORP {FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial ststements have been prepared on the historical cost basis. as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the ftjnctional currency of the entity. Going concern There are no material uncertainties about the Gharity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. including expectalions of future events that are believed to be reasonable under the circumstances. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated fund5 are unrestricted funds earmarked by the trustees for particular future project or Gommitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of0 sub-classes: restricted income funds or endowment funds. 16
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (Gontinued) Year ended 31 March 2025 Accounting policies (continued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of servi$ is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities. events. non- charitable trading activities. and the sale of donated goods. expenditure on charitable activities includes all Costs incurred by a Gharity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support cost5 and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neilher related to raising funds for the charity nor part of its expenditure on Charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct Gosts attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently ststed at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 17
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Accounting policles (¢ontinued) Tangible assets (continued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value, over the useful economic life of that asset as follows.. Fixtures and fittings Equipment 250/0 Straight line 25 /0 Straight line Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carying value exceeds the recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating unyts that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a paty to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and Gurrent liabilities are subsequently measured at the cash or other consideration expeGted to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. 18
CAUSE (Nl} Limited Company Limited by Guarantee Notes to the Financial Statements (Gontinued) Year ended 31 March 2025 Accounting pollcies (Continued) Financial instruments fcontinued) Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impaimient. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value. with any changes recognised in the statement of financial activities. with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment. an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant. these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately. to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service. the liability is measured on a discounted present value basis. The unwinding ofthe discount is recognised as an expense in the period in which it arises. Limlted by guarantee Cause (Nl) is a company limited by guarantee and has no share capital. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the charity. 19
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2025 Donations and legacies Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Donations Donations Gift Aid 11.928 4.793 11,928 4,793 20,773 5.969 20.773 5,969 16.721 16,721 26,742 26,742 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2025 DHSS & PS {NI) Belfast Health & Social Care Trust Southern Health & Social Care Trust Western Health & Social Care Trust South Eastern Health & Social Care Trust Halifax Foundation Fund Generation Training Fundraising events Garfield Weston CFNI Grant- Carer CLEAR Project 12.375 12,375 195,700 40.972 71,553 48.639 9.115 396 15.776 35.000 195,700 40,972 71,553 48,639 9,115 396 15,776 35,000 10,250 10.250 408,036 31,740 439,776 Unrestricted Funds Restricted Total Funds Funds 2024 DHSS & PS INI) Belfast Health & Social Care Trust Southern Health & Social Care Trust Western Health & Social Care Trust South Eastem Health & Social Care Trust Halifax Foundation Fund Generation Training Fundraising events Garfield Weston CFNI Grant- Carer CLEAR Project 12,376 12,376 182.445 43,014 66.715 45.149 182,445 43,014 66,715 45,149 396 27.159 35.000 396 27.159 35.000 35.039 13,217 35.039 13.217 399,878 60.632 460,510 20
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (¢ontinued) Year ended 31 March 2025 Other trading activities Unrestricted Total Funds unstrICted Total Funds Funds 2025 Funds 2024 Membership 269 269 1,226 1,226 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 BHSCT- Short breaks SEHSCT- Short breaks WHSCT- Short breaks 31,756 400 1.485 31,756 400 1.485 30.078 200 30,078 200 33.641 33,641 30.278 30,278 Expenditure on charitable activities by activity type Activities undertaken directly Support costs Total funds 2025 Total fund 2024 Providing Support to Carers Governance costs 488,037 42,445 19,496 530,482 19,496 498,815 8,660 488,037 61.941 549,978 507,475 10. Providing support for carers Providing support to carers Total 2025 Total 2024 staff costs Premises Communications and IT General office Finance costs Governance costs 24.403 10.842 5.777 1.169 254 19,496 24,403 10,842 5,777 1,169 254 19,496 23,117 9,769 5,258 630 243 8,660 61.941 61,941 47,677 21
CAUSE {Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 11. Net (expenditure)lincome Net (expenditure)lincome is stated after chargingl{crediting): 2025 2024 Depreciation of tangible fixed assets Loss on disposal of heritage assets 1,756 241 1,615 12. Auditors remuneration 2025 2024 Fees payable for the audit of the financial statements 6.489 6,230 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows- 2025 2024 Wages and salaries Social security costs Employer Gontributions to pension plans 348,621 20.275 4.276 330.240 18.848 4,813 373.172 353,901 The average head count of employees during the year was 19 (2024: 16). No employee received employee benefits of more than £60.000 during the year (2024: Nil). Key Management Personnel Key management personnel include all persons that have authority and responsibility for planning. directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the Gharity was £54.12412024:£36,653). 14. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 22
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (Continued) Year ended 31 March 2025 15. Tangible fixed assets Fixtures and fittings Equipment Total Cost At 1 April 2024 Additions Disposals 4,170 36,989 4,899 (28,570) 13.318 41,159 4,899 128,570) 17,488 At 31 March 2025 4,170 Depreciation At 1 April 2024 Charge for the year Disposals At 31 March 2025 4,170 35,431 1,756 (28,329) 8,858 39,601 1,756 {28,329) 13,028 4.170 Carrying amount At 31 MarGh 2025 4.460 4.460 At 31 March 2024 1.558 1,558 16. Debtors 2025 2024 Prepayments and accrued income 10,789 16.372 17. Creditors: amounts falling due within one year 2025 2024 Accruals and deferred income Pension fund 45,069 1,049 38,526 1,909 46,118 40,435 18. Deferred income 2025 2024 At 1 April 2024 Amount released to income Amount deferred in year At 31 March 2025 19,995 (19.995) 20.502 18,093 (18.093) 19.995 20.502 19,995 23
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (contlnu8d) Year ended 31 March 2025 19. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £4,276 (2024: £4,813). 20. Analysis of charitable funds Unrestricted funds At 1 April 2024 At 31 March 2025 Income Expenditure Transfers General funds 311,208 458,667 (494,406) 4,990 280.459 At 1 April 2023 At 31 March 2024 Income Expenditure Transfers General funds 299,857 458.124 {452,262) 5,489 311,208 Restrlcted funds At 1 April 2024 At 31 March 2025 Income Expenditure Transfers DHSS&PS (NI) CLEAR Project Short breaks Funds Halifax CFNI - Carers CFNI - Mental Health 12,375 10,250 (12.375) (10,250) 9,115 (4,125) (28,822) (4.990) 28.822 28,822 31.740 (55,572) (4,990) At 1 April 2023 At 31 March 2024 Income Expenditure Transfers DHSS&PS (NI) CLEAR Project Short breaks Funds Halifax CFNI Carers CFNI - Mental Health 12.376 13.217 (12.376) 113.217) (1,000) 6.489 {5,489) 20.136 2.267 35,039 126.353) {2,267) (55,213) 28,822 28,892 60,632 (5,489) 28,822 24
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 20. Analysis of charitable funds (conlinugd) Transfers have taken place in the year which relates to fixed assets. CAUSE used funding to purchase assets which have been transferred to Unrestricted Funds as CAUSE fully own the assets. no restrictions have been placed on these assets. 21. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 4.460 322,117 (46,118) 280,459 4,460 322,117 {46,118) 280,459 unStrICted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1.558 350.085 (40.435) 311,208 1,558 378,907 (40,435) 340,030 28,822 28,822 22. Taxation The Charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts. 23. Contingencies A contingent liability exists to repay grants and Trust monies received should certain conditions not be fulfilled by the charity. In the opinion of the Trustees, the terms of the Letters of Offers have been. or will be, complied with and no liability is expected. 24. Ethical standards In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. 25. Related parties The Trustees have considered guidance in relation to related paty transactions and believe there are no transactions that require disclosure. 25
CAUSE (Nl) Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 26. Analysis of changes In net debt At At 1 Apr 2024 Cash flows 31 Mar 2025 Cash at bank and in hand 362.535 (51.207) 311.328 26