CHARITY NO: SC041602 BROKEN CHAINS {AYR) LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 Page 1 of 13
BROKEN CHAINS {AYR) LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 PAGE Reference and Administrative Information Report of the Trustees Statement of Financial Activities Balance sheet Notes to the Financial Statements , 9-12 Independent Examinerfs report 13 Page 2 of 13
BROKEN CHAINS (AYR) LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 REFERENCE AND ADMINISTRATIVE INFORMATION Charity Details Charity name- Broken Chains (Ayr) Limited Scottish Charity Number SC041602 Company Registration Number SC368118. Current Trustees Mr Gordon Anderson Mr Derek Lindsay Mr William Parker Registered OITice 7 Alloway Pla Ayr KA7 2AA Bankers Royal Bank of Scotland 30 Sandgate Ayr Independent Examlner E L Burgoyne Page 3 of 13
Broken Chains (Ayr) Limited Trustee's Annual report and Accounts for the year ended 30 November 2025 Governing document Broken Chains (Ayr) Limited is a charitable company which was incorporated on 6 November 2009, and the purposes and administration arrangements are set out in our memorandum and articles of association. Charitsble purposes The objective of the charity is the compassionate care of our marginalised community in and around the town of Ayr. We reach out to and bring relief to those who are addicted to alcohol, drugs and similar substances, working to advance the health of all involved. We set out to use our best efforts to encourage, educate and facilitate lifetime recovery from the destructive effects of such addictions. We also assist the resettlement of offenders with their desire to break the habit of re-offending. Broken Chains are a group of Christians from Ayrshire churches dedicated to sharing the love of Jesus in a practical and compassionate way. As the Ministry has progressed, the range of people helped has widened to include., the homeless, people with mental health issues or a learning disability, those who are lonely, hungry, hurting or depressed. We work together to encourage and enable the broken and marginalized of society to rebuild their lives. Directors and Trustees The directors of the charitable company (the charity) are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees. The Trustees who seNed during the year and since the year-end were as follows.. Mr Gordon Anderson. Mr Derek Lindsay Mr William Parker Activities and achievements Broken Chains primary activities are: Person centred one to one addiction support, signposting and mentoring. A monthly Sunday afternoon where we provided a hot meal for our community in a local Church Hall where our volunteers would get alongside and provide assistance to the clients. Each Tuesday afternoon our Drop-in session allowed our community to build positive relationships while receiving food and support. Our Support Workers frequently met with clients through the week including hospital, rehab and prison visiting. Zoom meetings and bible study groups several times a week. Walking groups and other healthy activities. Page4of13
During the year there were four weekends away for our clients at Inchinnan Bible Centre. Our clients found these weekends both encouraging and inspiring. Our aim is to continue with the maintenance of these people who are now in recovery and to offer a sustainable way out of addiction through peer support, signposting and connecting individuals with person centred support help. We have many referrals from prisons and work closely with the Criminal Justi Department who have provided some funding in the past. Trustee remuneration and expenses The trustees did not re1ve any remuneration or expenses during the year. Financlal Review The financial statements have been prepared in line with the 2005 revision to the Statement of Recommended Practice for Accounting and Reporting by Charities and in accordan with the Financial Reporting Standards for Smaller Entities (effective April 2008). The expenditure in the year exceeded income by £13,978 wrth income from CORRA (our main funders) being received in November each year resulting in a high bank balance at year end. The biggest expenditure is staff costs. The level of reseNes at 30 November 2025 is sufficient for about 6 months operational costs, with most of the reserves being funding from CORRA. The November 2025 payment from CORRA was the final year of a four year award therefore the Trustees.are looking for alternative funding sources as well as applying to CORRA in 2026. Page5of 13
Broken Chains (Ayr) Limited statement of Trustses Responsibilities - year ended 30 November 2025 The Trustees (who are also the directors of Broken Chains (Ayr) Limited for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial staternents in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming reSoUrS and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required Select suitable accounting policies and then apply them consistently., Obsetve the methods and principles in the Charities SORP., Make judgements and estimates that are reasonable and prudent., State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of Ihe charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charitable cornpany and hence for taking steps for the prevention and detection of fraud and other irregularities. Approved by the Trustees and signed on their beha5f Pé*ek Lihl , Derek Lindsayj Treasurer April 2026 Page 6 of 13
Broken Chains (Ayr) Llmitsd Statsment of financial activlties (incorporating income and expenditure accounts) Year ended 30 November 2025 Income 2025 2024 Incoming resources from generated funds.. Voluntary income (note 2) Activities for generating funds Other incoming resources (note 3) Total in¢oming resources 97,330 81,778 12,399 109,729 8,861 90,639 Resources expended Charitable activities (note 4) Govemance costs Other resource expended Total resources expended 123,707 119,915 123,707 119,915 Net incomel (expenditure) for the year (13,978) (29,276) Reconciliation of funds Funds brought forward Total funds carried forward 57,668 43,690 86,944 57,668 Page 7 of 13
Broken Chains (Ayr) Limited Balance Sheet as at 30 November 2025 2025 2024 Current assets Cash at bank and in hand (Note 5) 46,490 57,668 Liabilities (2,800) Net Assets 43,690 57,668 Funds of the charity General Fund Restricted Fund (4,114) 6,722 47,804 50,946 Total Funds 43,690 57,668 The TrUStS are satisfied that the charity is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477{2), and that no member or members have requested an audit pursuant to section 476(1) of the Act. The Trustees acknowledge their responsibilities for.. (i) ensuring that the company keeps accounting records which comply with section 386 of the Act, and (li) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 394 and 395, and which otheiSe comply with the requirements of the Act relating to financial statements, so far as applicable to this company. Mr Derek Lindsay Company registration number SC368118 Page 8 of 13
Broken Chains (Ayr) Limited Notes to the Financial Statements Year ended 30 November 2025 1) Accounting policies Basis of accounting The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice 'Accounting for Reporting by Charrties, issues in March 2005 (SORP 2005) and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no matsrial uncertainties about the charity's ability to continue as a going concern. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. Funds structure Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furthera of the charitable objects. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed, or through the terms of an appeal. Cash flow ststement The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small. Incoming resources Incoming resources are accounted for on a receivables basis. Resources expended Resources expended are recognised where there is a legal or constructive obligation committing the charity to the expenditure. Taxation Broken Chains (Ayr) Limited has been approved as a charity by HMRC, number SC041602. Accordingly, the company is exempt from taxation in respect of income or capital gains received with categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only. Page 9 of 13
Broken Chains IAyr) Limited Notes to the Financial Statements Year ended 30 November 2025 Cash at bank and in hand Cash at bank and cash in hand includes cash and short lerm highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Judgements and key sources of estimation uncertainty In the application of Ihe 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 may 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 periods. Legal status of the Charity The Charity is a registered Scottish charity. The charity is a company limited by guarantee and has no share capital. 2) Income from donations and legacies 2025 2024 Donations Bank interest Grant income 32,352 390 64,588 97,330 24,052 780 56,946 81,778 3) Income from other trading activities 2025 2024 Contribution to events 12,399 8,861 12,399 8,861 Page 10of 13
Broken Chains (Ayr) Limlted Notes to the Financial Statements Year ended 30 November 2025 4) Analysis of charitsble expenses 2025 2024 Staff costs Travel expenses Insurance Office rent Venue hire Support to clients (incl food) General Mobile phone Training WIFI COnferens/ Inchinnan Total 93,480 83,484 3,492 4,987 1,010 885 2,700 2,700 2,400 2,470 6.546 7,929 2,143 4,385 720 720 50 310 591 260 11,785 123,707 119,915 S) Analysi8 of cash and Cash equivalents 2025 2024 Cash in hand 46,490 57,668 Total cash and cash equivalents 46,490 57,668 6) Analysis of staff costs 2025 2024 Salaries and social security Pension costs Total staff costs and employee benefits 88,431 5,049 93,480 78,473 5,011 83,484 Page11 of13
Broken Chain8 (Ayr) Limited Notes to the Financial Statsments ,Year ended 30 November 2025 7) Analysis of Fund movements 2025 Unrestricted funds General funds Total unrestricted funds CORRA Foundation South Ayrshire Council Aitchison Trust Total restricted funds TOTAL FUNDS Balance bffiNd Expend Transfer Fund cIfiNd Income 6,722 50,141 6,722 50,141 50,946 50,946 3,642 5,000 50,946 59,588 57,668 109,729 60,977 60,977 56,207 1,523 5,000 62,730 123,707 4,114 4,114 45,685 2,119 47,804 CORRA Foundation - in July 2021 a grant application to the grassroots fund was successful and £27,600 awarded to support salary costs for additional hours for the support worker and peer support worker as well as cost of phones, travel etc. for service user support activities, as well as training and professional counselling support for clients. A further grant application to the CORRA Local Support Fund resulted in the charity receiving a further £48,520 in November 2022 followed by £2,426 in February 2023 and £50,946 in November 2023, 2024 and 2025. This is targeted at support to people who have issues with drug and alcohol misuse. South Ayrshire Council - £3,642 was received in 2025 to support food costs at the Tuesday drop-in and food parcels. The grant was to be used by 31 March 2026 and at 30 November 2025 £1,523 had been spent. Aitchison Trust- A grant of £5,000 was received in April 2025 to support general expenses of the charity excluding salary costs. All was spent in the year. Page 12 of 13
Indopendent Examlnevs report to tho Trusto88 of Brokgn Chaln3 (Ayr) Llmlted I report on the accounts of the chaiity for the year ended 30 November 2025 whlch are set out on pages 7 to 13. RHpectlve re8pon81blllt1 of trustees and Independent oxamlner The charit¢8 tiustees are responsible for the preparation of Ihe accounts in accordance with the terms of the Charities and Tru6tee In¥ernent (Scotland) Act 2005 and the chareS Accounts (Scotland) Regulatlons 2006. The charity trustees ¢onsider that the audit requirement of Regulatlon 10(1) (d) of the Accounts Regulatlons does not apply. It Is my responsibility to examinp the accounts as required under section 44(1) (c) of the Act and tc 6tste whether particular matters have come to my attentK)n. Ba818 of Ind•pend•nt examlMrf8 8tatement In the cOue of my examination, no matter ha8 come to my attention 1. which gives me reasonable cause to bdieve that In any maferial respect the requirements.. to keep accounting records In accordance with Section 44 (1) (a) of the 2005 Act and section 386 of the Companies Act 2006, and to prepare accounts whlch accord with the accounting records grKI comply with the accountlng requirements of section 386 of the Companies Act 2006 and with the methods and principles of the Ststement of Recommended Practi.. Accounting and Reporting by Charities have not been met, or 2. to which, In my opinlon, attention 8hould be drawn in order to enable a proper understsnding of the accounts to be reathed. Name: E L Burgoyne Address: 135 Dundonakl Road, Kilmamock KA11 UG Date: May 2026 Page 13of 13