Company registered number: N1619350 Charlty registered number: NIC106210 CARA-FRIEND IPrl¥ate £ohpany Ilmlted byarantee vAthout $harn capttal) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AE1213bJO• 2w1212025 COMPANIES HOUSE A41
54
Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
CARA-FRIEND CONTENTS PAGE Reference and administrative details of the charlty, Its trustees and advisers Annual Report of the Trustees Independent Examiner Report Statement of Flnanclal Activities 8alance Sheet io Notes to the Financial Statements 11-17
CARA-FRIEND (Private company Ilmited by.guarantee without share capitsl) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees. Annual Report (Incorporating the Director's Report) STRucfuRE, GOVERNANCE AND MANAGEMENT The charlty Is controlled by its governing document, a Memorandum and Artlcles of Assoclatlon, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 16 July 2013 and reglstered wlth the Charlty Comrnlssion for Northern Ireland on 27 July 2017. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number N1619350 Reglstered Charlty number NIC106210 Re£lstered offlce 23-31 Waring Street Belfast Northern Ireland BTI 2DX CHAIRPERSON Matthew Leebody TRUSTEES Matthèw Leebody Niall Gillespie Colln Flinn Sonya Mcmullan Chalr Treasurer, Secretary INDEPENDENT EXAMINER Tony Clarke 53 Andersontown Road Belfast BTII 9AG
CARA-FRIEND (Private company Ilmlted by 8uarantee without share capitsll TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Annual Report (Incorporatin8 the Dirertorfs Report The Trustees present their annual report together with the financial statements of the company for the 01 April 2024 to 31 March 2025. The financial statements have been prepared in accordance wlth the accounting policies set out in note I to the financial statements and comply with the company's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practices applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" las amended for accounting periods commencing from l January 2019) Strurture, Governance and Tiustees Cara-Friend which is registered as a charlty wlth the Charlty Commlssion for Northern Ireland, was incorporated as a company limited by guarantee in Northern Ireland, registration number N1619350, with the objective of undertakin8 Charitable activities for the beneflt of the inhabitants of Northern Ireland. Chlef Offlcerfs Report Cara-Friend has during thls, its 50th year of operation, faced a hugely Increased demand for all our seNices, both In terms of face-to-face services and online service delivery, and has continued to meet that demand as well as plan and deliver new services. Our range of LGBTQl+ frontline service delivery areas now Include.. LGBTQIA+ Incluslve 8uslness Charter LGBTQIA+ Inclusive Schools. Charter & Education Services LGBTQIA+ Awareness Training Reglonal LGBTQIA+ Youth Services Network Belfast LGBTQIA+ Youth Centre Trans Specific Youth Service5 LGBTQIA+ Pop Up Libraries Publlshing Project LGBTQIA+ Regional Youth Network Family Support Project LGBTQIA+ Switchboard / Helpline LGBTQIA+ Domestic Abuse Support LGBTQIA+ Community Development Services & Events LGBTQIA+ Mental Health & Mindfulness Project We have maintained good relationships with key statutory and charitable funders as well as developing a host of relationships with new funders such as Trust5 and businesses.
CARA-FRIEND (Prlvate company limlted by guarantee without share capltal) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Annual Report (InrPoratIng the Dlrector's Report) contlnued... Chlef Offlcerfs Report Cont5nuted Our range of funders has diversified greatly and includes the following, among others: Dept of Health Danske Bank Education Authority The Community Foundation Nl BBC Children In Need CME GfOUP Comlc Relief Translink Big Lottery Awards For All Halifax Belfast City Councll Plnsent Masons John Moores Foundatlon Allen & Ovary IBM Bank Of Ireland Cltl Bank Garfield Weston Foundatlon Joseph Rowntree Foundation Dormant Accounts Fynd LGBTQIA+ Youth Servlces Cara-Frlend contlnues to provlde workshops, peer support, self-development and social meet- ups for LGBTQIA+ young people across N. Ireland as well as delivering initiatlves on equality & campalgning, citizenship and other areas Identified by the young people themselves. All volunteers graduate through a Cara-Frlend-de51gned schedule of tralnlng wlth external providers such as Youth Action and Chlldren in Northern Ireland and in-house speclallst trajning to develop competency when working with LG8TQIA+ groups and Individuals. - New staff members and volunteers are acclimatlslng to the team very well, and are taking this time to get to know the young people in their respective groups - where they already exlst and establishing connections wlth youth service providers In areas we have Intentlons to set up services. Inflnltyouth {Cara-Frlend's new youth service for Trans, Non-Binary and Gender Olverse children and young people) has grown greatly. The young people attending have great ideas for movin8 forward with the group and have the makings of the first generation of Peer Leader5. They seem very enthusiastic to make the group thelr own and to have the ability to shape it to fit their needs and wants. - Our Belfast Youth Service has restructured to include workshop sesslons on Monday evenings and Friday drop-ins once again. However, to ensure aEe-specific support and relevant information we are developing some age splits and ranges for younger people seeking safe spaces. - The Youth Team are making efforts to redevelop training for youth workers, balancing social attitudinal change and intercommunity perspectives in a format that will encourage a move beyond 'awareness and tolerance and into 'discussion and celebration, of difference.
CARA-FRIEND (Prlvate cornpany limited by guarantee wlthout share capltal) TRusfEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Annual Report (Incorporatlng the Director's Report) continued... Chief Offlcerfs Report Continuted - Cara-Frlend has developed a series of Sexual Health programmes for young people aged 12 - 18 in partnership with YouthAction Northern Ireland. These have been piloted in the following locations; Lisburn YMCA, Reach Across (Derry-Londonderry). Drumgor Youth Club (Craigavon). Enagh Youth Forum (Derry-Londonderry), Bangor YMCA, Saints Youth Centre (Belfast), Oma8h Boys and Glrls Club, Start 360: N-Gage {Ballymena), Newry Youth Resource Centre and Hlllcrest Youth Club (Derry-Londonderry). The success of these sessions, and emphasis on certain areas such as Oerry-Londonderry, have shown a significant disparity In awarene55 of LGBTQIA+ relevant relationships and sexual health provision- as well as a need for safe spaces for LGBTQIA+ vounR DeoDIe. - Additlonally, Cara-Frlend and YouthActlon Northern Ireland have carrled out a revlew of Good Practice Initlatives to support the development of safe sex practlces In Northern Ireland. This detailed review document is available for inspection upon reque5t-"SH Lit Review- WorkinglDesign Documenv,. Chairs statement N. Ireland is progressing slowly toward a more inclusive, tolerant and accepting Society. Cara- Friend are always pleased to help lead the way with our publlc campalgn coalitlons whSch previously achieved legislative change on Equal Marriage for example and we worked with fellow carnpaigners and political allie5 to achieve a 5tormont vote to Ban Conversion Therapy. Our work in public consultations, submissions, forums, representations and advocacy aimed at promoting the Equality and Human Rights Agendas for LGBTQIA+ people of all ages and backgrounds across N. Ireland has also been vital. We have continued to develop a quiet, sometimes behind the scenes relationshlp wlth the LG8TQIA+ cornmunity's detractor5. whereby we can engage and educate rather than relying on protest alone. We wish to take this opportunity to thank all of our staff, volunteers and Board members who gave of their time, energy, knowledge, skills and expertlse to ensure that Cara-Frlend maintained the professionalism which has become synonymous with our service delivery. It Is to thelr credit that whilst remaining ab501utely professional, Cara-Friend has maintained and grown our reputation as the organisation which listens to and takes its lead from the LGBTQIA+ community. In many ways we are family to all those LGBTQIA+ people who need Our primary mission must always be to walk beside our service users and community members on theirjourney to a better and more affirmative N. Ireland wherein they can live happier, safer and more fulfilled lives, based on equality and freedom from prejudice and We also pledge to do so for all persecuted or oppressed minorities in N. Ireland. Equality is equality for all.
CARA-FRIEND (Prlvate company Ilmlted by guardntee wlthout Share capltall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Annual Report {Incorporatlng the Director's Reportl contlnued... Staff and Volunteer Personnel {Contlnued} Cara-Friend LGBTQIA+ Youth Services also offers one to one support for young people who are or think they might be Gay, Lesbian, Bisexual, Transgender, Queer or Questioning their sexuality andlor gender identity but would prefer the opportunity to talk with an experienced LGBTQIA+ youth worker. Please note that our one to one services are not counselling and our youth officers are not counsellors. Our One to One Support can be requested by young people themselves, their school or professionals worklng wlth them and thelr parents/carers. Our One to One support looks to focus on the following areas: Talking about a youn8 person's feelings about their sexuality and/or gender identity Improving mental and emotional well being Building the ability to bounce back from difficult situations Building healthy relationships Supporting and empowering indlvlduals to reach thelr potentlal Buildlng self-esteem and self-confldence Improvlng communicatlon between parents, famlly and friends Keeplng safe Golng Concern After making appropralte enquirles, the tru5tee5 have a reasonable expectatlon that the company has adequate resources to continue in operational existence for the foreseable future. For this reason they continue to adopt the going concern basis in preparing the flnancial statements. Further details reqardin8 the adoption of the goin8 concern basis can be found in the Accounting Policies. Flnanclal Revlew The results for the year ended 31 March 2025 are set out on pages 9 and 10 of the financial statements. The total income for the year ended 31 March 2025 amounted to £409,159 {2024: £446.701). The total expenditure was £432,006 (2024: £441,364) The trustees acknowledge the reserves are currently negative but are satisfied this Is a temporary position and expect improvement in the near future. The charity held (£3,769) in reserves at the year end {2024: £19,730). Reserves Pollcy The income of the Company Is considered adequate and the risks associated with any significant reduction in income is regarded as unlikely. The Trustees are satisfied with the current level of reserves at the present time. The Trustees are reviewing the Reserves Policy in the current year.
CARA-FRIEND (Private company Ilmited by guarantee wlthout share capitsll TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Annual Report (Incorporating the Director's Reportl contlnued... Trustees. responslbilitles statement The Trustees {who are also directors of Cara-Friend for the purposes of company law) are responsible for preparing the Trustees. report and the financlal statements in accordance with applicable law and United Kingdom Accounting Standard (United Kingdorn Generally Accepted Accounting Practice) Company law requires the trustees to prepare financial statements for each financlal year. Under company law the Trustees must not approve the financial statements unless they are satlsfled that they give a true and falr view of the state of affairs of the charitable company and of the Sncome resources and application of resource5, including the income and expenditue of the charitable company for that period. In preparing these flnanclal statements, the Trustees are required to: select suitable accounting policies and then apply them consistently observe the methods and prlnclples In the Charities SORP; make judgments and accounting estimates that are reasonable and prudent. prepare the flnanclal statements on the going concern basis unless it is Inapproprlate to presume that the charltable company will continue Sn operation. The Trustees are responsible for keepin8 adequate accounting records that are sufficient to show and explain the charitable company's transaction and disclose with reasonable accuracy at any time the financial position of the charitable company and the enable them to ensure that the financial statements comply with the Companies Act 2016. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irtegularities. This report was approved by the Tru5tee5, On .. . and si8ned on behalf bv.. pie Trustee
CARA-FRIEND (Prlvate company limited by 8uarantee wlthout share capltall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARA-FRIEND I report on the financial statements of the company for the year ended 31 March 2025 which are set out on pages 9 and 10. Respectlve responslbilitles of trustees and examlner The trustees. who are also the directors of the company for the purpose of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companles Act 2006. Having satisfied myself that the company is not subject to audit under company law, and Is ellgible for Independent examination it Is my responsibility to: examlne the accounts under section 65 of the Charlties Act follow the procedures laid down by the general Directions given by the Charlty Commisslon for Northern Ireland under sectlon 65191{b) of the Charlties Act; and State whether particular matters have come to my attention. Basls of Independent Examlner's report I have examined your charlty accounts as required under sectlon 65 of the Charltles Act and mv examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9){b) of the Charities Act. My examlnation Included a review of the accountlng records kept by the charlty and comparison of the accounts presented wlth those records. It was also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. My role Is to state whether any material matters have come to my attentlon giving us cause to belleve: That accountlng records were not kept In accordance wlth sectlon 386 of the Companies Act 2006 That thé accounts do not accord wlth those accounting records That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charitie5 preparing the account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further information needed for a proper understandinE of the accounts to be reached Independent examinerfs statement I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that requlre drawing to your attention. (a) which gives me reasonable cause to believe that in any material respect the requirements; lil to keep accounting records in accordance with section 386 of the Companies Act 2006; and
CARA4RIEND {Pri¥ate company Ilrnfted by euarantee wIthO Share capttall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARA-FRIEND CONTINUED.- (11) to prepare flnanclal statements whlch accord wlth the accountlng records, comply wlth the accounting requlrements of sectlon 396 of the Companles Act 2006 and wlth the methods and princlples of the Statement of Recommended Practlce: Accountln8 and Reportln8 by Charltles: have not been met or: Ib) to whlch, In my oplnion, attentlon should be drawn In order to enable a proper understandlng of the financial statements to be reached. It- IL-tOlg Tony Clarke 53 Andersonstown Road Belfast BTII 9AG Date:
CARA-FRIEND (Private company Ilmlted by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 srATEMENT OF FINANCIAL AcfiviTIES INCORPORATIN6 THE INCOME AND EXPENDITURE ACCOUNT Year to Unrestrlcted Restrlcted 31-Mar-25 Funds Funds TOTAL Year to 31-Mar-24 TOTAL Note Income from: Donations and Legacies Charltable Artivitie5 374,626 374,626 34.533 384,648 62,053 34,533 Total Income 34.533 374,626 409.159 446.701 Expendlture on: Charitable Activltles 57,921 374,085 432,006 441,364 Total Expendlture: 57,921 374,085 432,006 441,364 Net Income/lexpendlture) (23,388) 541 {22,847) 5,337 Transfers between fund5 (iii) 111 Net movement In funds 123,498) 651 (22,847) 5,337 Reconclllatlon ol Funds Total funds brought forward 19,729 11,318 31,047 25,712 Total Funds carried forward (3.769) 11,970 8,199 31,047 The statement of financlal actlvltles Includes all galns and losses recoBnSsed In the year. All Incomlng resources and resources expended derive from contSnuing activitles. The statement of financial activities also complies With the requirements for an income and expenditure account under the Companies Act 2006. The notes on page 11 to 17 form an integral part of these accounts
CARA-FRIEND (Private company Ilmlted by guarantee wlthout share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BALANCE SHEET As at 31 March 2025 2025 02 Note Fixed Assets Tan8ible Assets Current Assets Debtors Cash at bank 11,278 11.278 37.894 37.894 Llablllties Creditors: Imoyntsfairl wlthwi one year (3.078) Net Current Assets 8,199 8,199 31,047 31,047 Net asset5 Funds Restricted Unrestrlcted 11,970 {3,7691 11,318 19,730 TOTAL FUNDS 12 8.199 31,047 The company Is entltled to the exemptlon from the audlt requlrement contalned In 5ectlon 477 of the Companies Act 2006, for the year ended 31 March 2025. The trustees acknowled8e thelr responslbilitie5 for ensurin8 that the charlty keeps accountin8 records which comply wlth section 386 of the Act and for preparlng flnanclal statements whlch give a true and falr vlew of the state of affairs of the company as at the end of the financlal year and of Its Incomln8 resources and appllcation of resources, Includin8 Its Income and expendlture, for the flnancSal year in accordance wlth the requirements of sections 394 and 395 and whlch otherwise comply wlth the requlrement5 of the Companies Act 2006 relatingto financial statements, so far as appllcable to the company. The members have not required the company to obtaln an auditof Its financlal statements for the year In questlon In accordance wlth sectlon 476. These financial statements have been prepared in accordance with the provisions appllcable to companies subject to the small companies regime. The financlal statements were approved by the board directors on ........ on their behalf by: and were signed Niall Gillespie Trustee The notes on page 11 to 17 form and integral part of these accounts 10
CAAA-FRIEND Iprlvate company limlted by guarantee without sh4re capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS l Accountlng policies Charity Information Cara-Friend is a private company limited by guarantee Incorporated In Northern Ireland. The reglstered offlce Is: 23-31 Warln6 Street Belfast, BTI 2DX. 1.1 Accounting conventSon The accounts have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charitles: Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard appllcable In the UK and Republlc of Ireland {FRS 102)" (as amended for accounting periods commenclng from l January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provlsions In the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financlal statements are prepared in sterling• whichls the functional currency of the charity. Monetary amounts Sn these flnanclal statements are rounded to the nearest £. The financial Statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The prlnclpal accountlng pollcles adopted are set out below. 1.2 Golng concern At the time of approving the financial statements. the trustees have a reasonable expectatlon that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financlal statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restrlcted funds are subject to specific conditions by donors as to how they may be used. 1.4 Incomlng resources Income is recognised when the charity 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. 11
CARA-FRIEND IPrlvate company Ilmlted by guarantee without share capltall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINUED... 1.4 Incoming resources (contlnued) Cash donations are recognised on receipt. Other donations are iecogni5ed once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Glft Aid or deeds of covenant is recognised at the time of the donation. Turnover Is measured at the fair value of the consideratjon recelved or receivable and represents amounts receivable for good5 and services provided in the normal course of bu5ine55, net of discounts, VAT and other 5ale5 related taxes. 1.5 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructlve obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits wlll be required in settlement and the amount of the obligation can be measure reliably. Expenditure Is accounted for on an accruals basis and has been classified under headlngs that aggregate all cost related to the category. The charity Is below the charlty audit threshold and therefore Is exempt from reportlng expenditure on an activity basis. The charity has opted to report by the nature of expenditure rather than on an activlty basls. 1.6 Tanglble Ilxed assets Tangible fixed assets are initially measured at cost and subsequently measured at C05t or valuation, net of deprecSatlon and any Impalrment losses. Depreciation is recognised so as to write off the cost or valuation of asset5 less their residual values over thelr useful lives on the followlng bases: Fixtures and Fittings 15% on cost Computers 20% on cost 1.7 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term Ilquld Investments wlth origlnal maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities, 1.8 Flnanclal Instrurnents The charity has elected to apply the provisions of Section 11 'Basic Flnancial Instruments, and Sectlon 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial Statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to Settle on a net basis or to reallse the asset and settle the liabillty simultaneously 12
CARA-FRIEND {Prlvate company limited by guarantee without Share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINUED... 1.9 Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of Interest. Flnanclal asset5 cla551fied as recelvable wlthin one year are not amortised. 1.10 Bas5c financlal liabilities Baslc flnanclal Ilabllitles, Sncluding creditors and bank loans are initially recognised at transactlon prlce unless the arrangement constitutes a financing transaction. where the debt In5trurnent Is measured at the present value of the future payments discounted at a market rate of interest. Flnanclal1Sabllitle5 classlfled a5 payable within one year are not amortlsed. Debt instruments are subsequently carrled at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or servlces that have been acqulred In the ordinary course of operatlons from suppliers. Amounts payable are classified as current liablllties If payment Is due withln one year or less. If not, they are presented as non-current Ilabllltles. Trade credltors are recognlsed inltlally at transaction price and subsequently measured at amortised cost using the effective interest method. 1.11 Derecognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's contractual obligations expire or are dlschar8ed or cancelled, 1.12 Employee benefrts The cost of any unused holiday entitlement Is recognised In the period in whlch the employee's services are received. TerminatSon benefits are recognlsed immedlately as an expense when the charity Is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.13 Crltlcal accountlng estlmates and Judgements In the application of the charity's accounting policies, the trustees are required to make Judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results mav differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future period5. 13
CARA-FRIEND {Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINUED... 2 Income from Donations and Le acles 2025 2024 Unrestricted Funds Restricted Funds TOTAL TOTAL Belfast City Council Children In Need Dept. of Health Halifax Educatlon Authorlty Communlty Foundation Grant NLCF LGBT+ Consortium Joseph Rowntree Garfield Western Dormant Accounts Pathways Total$ 2025 50,629 29,564 11,890 50.629 29,564 11,890 58,076 39,418 11.890 5,000 47,498 10,000 82,500 25.329 25,000 10,000 32,000 37,937 384,648 48,468 48.468 8,014 8,014 220,851 220.851 5,212 5.212 374.626 374,626 Totals 2024 384,648 384,648 3 Income from Charitable Artivities 2025 2024 Unrestricted Funds Restrirted Funds TOTAL TOTAL General Donations Tralning Income Totals 2025 1,262 12,273 20.998 34.533 1,262 12,273 20,998 34,533 10,653 23,943 27,457 62,053 Totals 2024 62,053 62,053 14
CARA-FRIEND (Private company limited by guarantee without share capltal} TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END.ED 31 MARCH 2025 NOTES TO THE ACCOUNTS CONTINUEO... 4 Staff Costs and Numbers 2025 2024 Gross Wages and Salarles 335,615 335.615 343,335 343,335 No employee received emoluments of more than £60,000 {2024: £NIL) The average monthly nurnber of employees during the year, calculated on the basls of full time equivalents, was as follows: 2025 Number 12 2024 Number 13 5 Ex enditure 2025 2024 Charftable Actlvltle5 Unrestrlcted Funds Rest*irted Funds TOTAL TOTAL Accountancy/Professional Advertising/Promotional Grants Returned Overheads Insurance IT/Webslte Costs Programme costs Rent & Utilities Staff Costs Office Costs Trainlng Sourced Travel Totals 2025 1,540 3,699 11,632 1,540 5,167 11,632 5,680 5,683 1,825 1.825 2,309 3,012 23,447 42,S35 9,040 10,267 317,751 335,615 11,564 12,437 1,000 1.120 1,172 432,006 5,826 2,915 247 342 1,468 703 19.088 1,227 17,864 873 120 1,172 57,921 5.685 30,398 41,710 343,335 2,415 2,340 6.152 441.364 374,085 Totals 2024 46,665 394,699 441,364 15
CARA-FRIEND (Private company limlted by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTESTO THE ACCOUNTS CONTINUED... 6 Trustees remuneration & expenses Durlng the year, no Trustees recelved any remuneration {2024- £NIL). During the year, no Trustees received any benefits in kind (2024- £NIL). During the year, no Trustees recelved any relmbursement of expenses (2024 - £NIL). 7 Debtors 025 Grants Recelvable Prepayments 8 Creditors: amounts fallln due within one ear 2025 2024 Accruals & Deferred Income Pension HMRC PAYE 1,440 1,447 1,638 3,078 5,400 6,847 10 Inde endent examiner's remuneratlon The independent Examiner's remuneration amounts to an Independent Examination fee of £1,440 (2024-£1,200) 11 Related transactlons There were no related party transactlons durlng the year. 16
CARA-FRIEND (Private company Ilmited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THEACCOUNTS CONTINUED... 12 Statement of funds - current ear Balance at l April 2024 Balance at 31 March 2025 Expenditure Transfer in/out Income Restricted funds Educatlon Authorlty Belfast City Councll Department of Health Comrnunlty Foundatlon Grant NLCF Children In Need Joseph Rowntree Total restrfcted funds 48,468 50,629 11,890 8,014 220,851 29,564 5,212 374.626 {48,468) {50,629) (12.000) (8,014 (211,623) (38.140) 5,212) (374,085) iii 2,742 8.576 11.969 11,318 iii 11.969 Unrestricted funds General funds Total Unrestricted funds 19,729 19,729 34,533 34.533 57,921 (57,921) iii) (iii) {3,7701 (3,770) Total of funds - current year 31.047 409,159 432,007 8.199 13 Statement of fund - rior ear Balance at l April 2023 Transfer In/out Balance at 31 March 2024 Income Expenditure Total unrestricted funds Total restricted funds Total of funds - prior year 2.522 23.190 25.711 62,053 .384,648 446.701 (46,665) (394,699 (441,364) 1,820 1,820) 19,729 11,318 31.047 17