**REGISTERED COMPANY NUMBER: 109111 (Northern Ireland) REGISTERED CHARITY NUMBER: 109111** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 28 February 2025** ## **for** ## **Breaker Breaker** S.M. Vint & Company Chartered Certified Accountants 8 Newry Road Banbridge Co. Down BT32 3HN **Breaker Breaker** **Report of the Trustees for the Year Ended 28 February 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 109111 (Northern Ireland) ## **Registered Charity number** 109111 ## **Registered office** 4 Wallace Park Dromore Co. Down BT25 1PW ## **Trustees** Mrs L Lyons Miss K P McAllister Mrs C McDonald ## **Company Secretary** Approved by order of the board of trustees on 29 September 2025 and signed on its behalf by: Mrs L Lyons - Trustee **----- Start of picture text -----**
SIGN
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Page 1 **Breaker Breaker** ## **Statement of Financial Activities for the Year Ended 28 February 2025** **----- Start of picture text -----**
Period
22.2.23
Year Ended to
28.2.25 28.2.24
Unrestricted Total
fund funds
Notes £ £
INCOME AND ENDOWMENTS FROM
- -
Donations and legacies
Charitable activities
Other Charitable Activities - 10,000
Other trading activities 2 38,760 39,174
Total 38,760 49,174
EXPENDITURE ON
Charitable activities
Other Charitable Activities 50,219 31,259
NET INCOME/(EXPENDITURE) (11,459) 17,915
RECONCILIATION OF FUNDS
Total funds brought forward 42,465 24,550
TOTAL FUNDS CARRIED FORWARD 31,006 42,465
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The notes form part of these financial statements Page 2 ## **Breaker Breaker** ## **Balance Sheet 28 February 2025** **----- Start of picture text -----**
2025 2024
Unrestricted Total
fund funds
Notes £ £
FIXED ASSETS
Tangible assets 6 3,561 4,454
CURRENT ASSETS
Cash at bank 37,978 38,611
CREDITORS
Amounts falling due within one year 7 (10,533) (600)
NET CURRENT ASSETS 27,445 38,011
TOTAL ASSETS LESS CURRENT
LIABILITIES 31,006 42,465
NET ASSETS 31,006 42,465
FUNDS 8
Unrestricted funds 31,006 42,465
TOTAL FUNDS 31,006 42,465
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 3 continued... **Breaker Breaker** **Balance Sheet - continued 28 February 2025** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 29 September 2025 and were signed on its behalf by: L Lyons - Trustee **----- Start of picture text -----**
SIGN
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C McDonald - Trustee **----- Start of picture text -----**
SIGN
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The notes form part of these financial statements Page 4 **Breaker Breaker** **Notes to the Financial Statements for the Year Ended 28 February 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 5 continued... **Breaker Breaker** **Notes to the Financial Statements - continued for the Year Ended 28 February 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. OTHER TRADING ACTIVITIES** **----- Start of picture text -----**
|||| |---|---|---| |Period| |22.2.23| |Year Ended|to| |28.2.25|28.2.24| |£|£| |Fundraising events|-|830| |Sponsorships|6,500|10,750| |Donations|13,940|5,615| |Trade Shows|2,960|15,019| |Ticket Sales|14,175|6,960| |Sublet Rent|1,185|-| |38,760|39,174| **----- End of picture text -----**
## **3. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): **----- Start of picture text -----**
|||| |---|---|---| |Period| |22.2.23| |Year Ended|to| |28.2.25|28.2.24| |£|£| |Depreciation - owned assets|893|1,134| |-| |Hire of plant and machinery|1,545| |Other operating leases|1,245|209| **----- End of picture text -----**
Page 6 continued... **Breaker Breaker** ## **Notes to the Financial Statements - continued for the Year Ended 28 February 2025** ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 28 February 2025 nor for the period ended 28 February 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 28 February 2025 nor for the period ended 28 February 2024. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Other Charitable Activities
Other trading activities|Unrestricted
fund
£
-
10,000
39,174| |---|---| |**Total**|49,174| |**EXPENDITURE ON**
**Charitable activities**
Other Charitable Activities|31,259| |**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward|17,915
24,550| |**TOTAL FUNDS CARRIED FORWARD**|42,465| Page 7 continued... **Breaker Breaker** ## **Notes to the Financial Statements - continued for the Year Ended 28 February 2025** **----- Start of picture text -----**
6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£ £ £
COST
At 29 February 2024 and
28 February 2025 4,410 2,060 6,470
DEPRECIATION
At 29 February 2024 1,598 418 2,016
Charge for year 564 329 893
At 28 February 2025 2,162 747 2,909
NET BOOK VALUE
At 28 February 2025 2,248 1,313 3,561
At 28 February 2024 2,812 1,642 4,454
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 9,333 -
Accrued expenses 1,200 600
10,533 600
8. MOVEMENT IN FUNDS
Net
At movement At
29.2.24 in funds 28.2.25
£ £ £
Unrestricted funds
General fund 42,465 (11,459) 31,006
TOTAL FUNDS 42,465 (11,459) 31,006
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Page 8 continued... **Breaker Breaker** **Notes to the Financial Statements - continued for the Year Ended 28 February 2025** ## **8. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
38,760
(50,219)|Movement
in funds
£
(11,459)| |---|---| |**TOTAL FUNDS**
38,760
(50,219)|(11,459)| |**Comparatives for movement in funds**
Net
At
movement
22.2.23
in funds
£
£
**Unrestricted funds**
General fund
24,550
17,915|At
28.2.24
£
42,465| |**TOTAL FUNDS**
24,550
17,915|42,465| |Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
49,174
(31,259)|Movement
in funds
£
17,915| |**TOTAL FUNDS**
49,174
(31,259)|17,915| Page 9 continued... **Breaker Breaker** **Notes to the Financial Statements - continued for the Year Ended 28 February 2025** ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 28 February 2025. Page 10 ## **Breaker Breaker** ## **Detailed Statement of Financial Activities for the Year Ended 28 February 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations|Year Ended
28.2.25
£
-
-|Period
22.2.23
to
28.2.24
£
(1)
1| |---|---|---| |**Other trading activities**
Fundraising events
Sponsorships
Donations
Trade Shows
Ticket Sales
Sublet Rent|-
-
6,500
13,940
2,960
14,175
1,185|-
830
10,750
5,615
15,019
6,960
-| |**Charitable activities**
Grants|38,760
-|39,174
10,000| |**Total incoming resources**|38,760|49,174| |**EXPENDITURE**||| |**Charitable activities**||| |Rent|4,800|-| |Event Costs|29,183|13,752| |Prizes|-|1,545| |Repairs & Renewals|1,245|209| |Subscriptions|9,785|9,881| |Insurance|2,041|724| |Postage and stationery|307|1,458| |Sundries|1,150|511| |Carried forward|48,511|28,080| This page does not form part of the statutory financial statements Page 11 ## **Breaker Breaker** ## **Detailed Statement of Financial Activities for the Year Ended 28 February 2025** **----- Start of picture text -----**
Period
22.2.23
Year Ended to
28.2.25 28.2.24
£ £
Charitable activities
Brought forward 48,511 28,080
Computer Costs 215 340
48,726 28,420
Support costs
Management
Depreciation of tangible and heritage
assets 893 1,134
Governance costs
Accountancy & Legal Fees 600 1,705
Total resources expended 50,219 31,259
Net (expenditure)/income (11,459) 17,915
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This page does not form part of the statutory financial statements Page 12 **Breaker Breaker** **Contents of the Financial Statements for the Year Ended 28 February 2025** ||**Page**| |---|---| |**Report of the Trustees**|1| |**Statement of Financial Activities**|2| |**Balance Sheet**|3 to 4| |**Notes to the Financial Statements**|5 to 10| |**Detailed Statement of Financial Activities**|11 to 12|