Company registration number 07505273 (England and Wales)
Charity registration number 1142001 (England and Wales)
IF U CARE SHARE FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
IF U CARE SHARE FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
J Elliott
S McIvor
B Robinson
D Smith
M Smithson
C Davidson
G Lumsdale
P Fletcher
D Cunningham
P Baldwin
(Appointed 15 April 2024)
S Smith
(Appointed 7 October 2024)
Company number
07505273
Charity registration
1142001
Registered office
27 The Close East
South Pelaw
Chester le Street
Co Durham
DH2 2EY
Auditor
Robson Laidler Accountants Limited
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
England
NE2 1TJ
Bankers
Co-operative Bank
Co-operative Bank
1 Balloon Street
Manchester
M60 4EP
Lloyds Bank
98 Victoria Street
London
SW1E 5JL
IF U CARE SHARE FOUNDATION
CONTENTS
Page
Trustees' report
1 - 6
Independent auditor's report
7 - 9
Statement of financial activities
10 - 11
Balance sheet
12
Statement of cash flows
13
Notes to the financial statements
14 - 24
IF U CARE SHARE FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

The objectives of the Charity are to provide relief for any persons who have suffered suicide related bereavement, particularly the death of a family member or friend, to preserve and protect the health and well-being of any persons, in particular of young people, by seeking to reduce the risks of suicide and to promote positive mental health through the provision of education and training, advice and counselling, respite support, crisis support and other support services and resources as appropriate.

In pursuing these objectives, the Charity provides bereavement support and listening advice along with other support services such as training and workshops and so meets the Objects in its constitution, which are the relief of any persons who have suffered suicide-related bereavement and to preserve the health and well-being of any persons and, in particular, young people. The criteria the Charity uses to measure its success in that respect are the numbers of positive outcomes reported as being delivered to the parties commissioning postvention, prevention and intervention services and the numbers of people effectively supported.

Achievements and performance

The Charity continued to provide various services during the reporting period, which focus attention on its core objectives, including:

Public benefit

The Trustees have had regard to the Charity Commission's guidance on their legal duty on public benefit and are satisfied that the Charity delivers public benefit and pays due regard to the guidance on public benefit when deciding which new projects the Charity should undertake.

The main activities undertaken to further the Charity's purposes for the public benefit, are those detailed above.

IF U CARE SHARE FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

Fundraising activities

Having registered with the Fundraising Regulator, the Charity has agreed to meet the principles contained in the Fundraising Regulator’s Code of Practice and, in doing so, works in line with the Code of Practice’s values and supports the system of voluntary regulation. The Charity is committed to the Fundraising Promise and has processes in place to ensure its fundraising activities are legal, open, honest and respectful, which include the use of fundraising agreements with its supporters that set out the Charity’s expectations as to how they will behave when raising funds on the Charity’s behalf.

The Charity monitors fundraising activities on an ad-hoc basis, did not identify any failures to comply with the voluntary standard noted above and did not receive any complaints regarding its fundraising activities during the reporting period.

The Trustees consider that the Charity met the Objects in its constitution in the reporting period by successfully delivering the following:

Training and Workshops

Throughout the reporting period, we conducted a wide range of training programmes and workshops aimed at suicide prevention and mental health awareness to both adults and young people. These initiatives have been instrumental in equipping individuals, both within our community and beyond, with the necessary knowledge and skills to identify warning signs, offer support, and intervene when someone is at risk. Our team has developed and delivered comprehensive workshops that address various aspects of mental health, including early intervention, suicide prevention, postvention, crisis management, and self-care strategies. By collaborating with local schools, sports clubs and corporate organisations, we have successfully reached a diverse audience, empowering them to create a supportive environment that fosters mental well-being. As Trustees, we are immensely proud of the positive impact our training programmes and workshops have had in preventing suicide by providing accessible mental health education to individuals who need it most. We remain dedicated to continually improving and adapting our training initiatives to address the evolving needs of our community. In the future, we will continue to look to further expand our outreach, develop new partnerships, and introduce innovative training approaches in order to make a meaningful difference in suicide prevention and mental health support. Our work with young people during the reporting period saw us provide:

We also presented at conferences and delivered training courses to a variety of private, statutory and voluntary organisations as well as attending various events to raise awareness of the issues around suicide. 

IF U CARE SHARE FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -

Suicide Prevention

Our Suicide Prevention service offers one-to-one person-centred support across County Durham and Sunderland. This team provides specialist support for individuals at significant risk of suicide, with the main referral pathway being from professionals such as the crisis team, secondary mental health services, and the access team aligned to several areas across our operational footprint. Our service over the reporting period has been primarily supported by Public Health through Sunderland City Council along with NHS funding though County Durham Clinical Commissioning group. This funding came to an end at the end of this reporting period.

The total number of referrals for the reporting period was 290 (2024:682). Our team supported individuals and continued our innovative and bespoke approach for community outreach. This approach has seen us engage with local communities at both a statutory and grassroots level following multiple suspected deaths by suicide and we will continue to develop it further over the coming year. Following the introduction of Boxing Therapy in the previous reporting period we continue to offer this service and many individuals benefit from the combination of physical activity in a therapeutically safe and trauma informed environment. Funding for this element of our service predominantly comes from charitable fundraising activities.

Our suicide prevention work is often the most difficult to explain due to the very nature of that work. Nonetheless, our approach is based on achieving clear outcomes, with those receiving help from the Charity rarely re-entering mainstream mental health services. Overall, the prevention team has been able to proactively use established risk assessment and internal processes to ensure those most at risk are provided with timely, appropriate, practical and emotional support but, more importantly, hope. Our emphasis is on empowering individuals to create safety plans they can implement in their own life and utilise at any point moving forward.

Support After Suicide

The Charity’s Support after Suicide service offers one-to-one-person centred support across the North East of England. We support those who have been bereaved or impacted by suicide. The support is delivered by those who have lived experience of suicide.

We are part of Durham Mental Health Alliance which funds our support within County Durham. Since August 2019 we have secured funding from the former Clinical Commissioning Groups, now the Integrated Care Board, which allows us to provide Suicide bereavement support across Newcastle, Gateshead, Sunderland, North Tyneside, South Tyneside and Northumberland. The Charity offers social, emotional and practical support, which is bespoke to the individual. However, some of the potential issues following bereavement are:

Over the last reporting period there has been a total of 600 (2024:536) people referred into the support after suicide service, in addition to the referrals we are still supporting from previous periods.

 

 

IF U CARE SHARE FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
Financial review

The Trustees’ objective is to raise as many funds as is reasonably possible in order to finance the Charity’s activities and to meet its reserves policy. That objective was met for the reporting period with funds being raised from the following sources:

Support After Suicide

Continued funding to enable the Charity to provide a bespoke Support After Suicide service for people affected by suicide by:

 

Suicide Prevention

Funding by Public Health through Sunderland City Council to provide bespoke prevention support for people at risk of suicide within Sunderland, along with NHS funding through County Durham Clinical Commissioning Group to provide bespoke prevention support for people at risk of suicide.

Training and Workshops

Workshops with young people generated income for the Charity from the Premier League, League Football Education and Loughbrough University’s Diploma In Sporting Excellence programme. Additional funding was secured through Karbon Homes, Sunderland City Council, Durham County Council, County Durham Community Foundation and CHAD.

Further income was generated through the delivery of training to a number of external organisations and groups who paid for the services provided. This included Karbon Homes and Newcastle University amongst others.

Other Fundraising Activities

A significant proportion of the Charity’s income comes from other fundraising activities, including individual donations, and fundraisers for and events hosted by the Charity. In addition, supporters running the Great North Run continue to contribute to our overall income. This funding is then used across the Charity to enable us to meet the needs of our services and those we support.

Incoming resources

The net incoming resources for the period amounted to a surplus of £9,743 (2024: surplus of £39,317). The amount attributable to reserves stands at £1,083,246 (2024: £1,073,503) of which £340,937 (2024: £276,117) are restricted.

Reserves policy

In accordance with the Charity Commission’s guidance, the Trustees’ policy is to hold reserves based on a realistic estimation of reserve requirements. Reserves represent those resources which can be made available to spend once all commitments and planned expenditure have been met. Reserves are spent at the discretion of the Trustees and in the furtherance of the Charity’s aims and objectives.

The level of reserves held, as decided by the Trustees is equal to the value of six months of running costs. Current total reserves exceed this by 71% (2024: 53%), although of the total reserves only 69% (2024: 70%) are free reserves which can cover 100% (2024: 100%) of the level of reserves decided by the Trustees.

The reserves policy will be reviewed by the Trustees at the annual audit meeting.

Free reserves as at 31 March 2025 amounted to £726,849 (2024: £757,804).

IF U CARE SHARE FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
Plans for future periods

In the last reporting period, we acknowledged the significant growth and the need for a systemic review and a revised strategy. During this reporting period a number of key activities have taken place to provide a short medium- and long-term strategic approach to the charity’s development. This work does require a number of structural, procedural, or other changes to take place and this work is ongoing. Financial needs continue to be a key consideration and our future strategy seeks to maintain financial stability now with a future focus on sustainability and growth.

Structure, governance and management

The Charity is a company limited by guarantee, as defined by the Companies Act 2006, and is constituted by its Articles of Association.

Day to day management

The officers responsible, on a joint basis, for the day-to-day management of the Charity during the reporting period were Hannah Neil (COO), and Matthew Smith (COO).

The trustees, who are also the directors for the purpose of company law, and who served during the reporting year and up to the date of signature of the financial statements were:

 

J Elliott
S McIvor
B Robinson
D Smith
M Smithson
C Davidson
G Lumsdale
P Fletcher
D Cunningham
S Barlow
(Deceased 13 October 2025)
P Baldwin
(Appointed 15 April 2024)
S Smith
(Appointed 7 October 2024)

.

IF U CARE SHARE FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
Statement of trustees' responsibilities

The trustees, who are also the directors of If U Care Share Foundation for the purpose 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 trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

 

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 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; and

 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

 

The trustees are responsible for keeping adequate accounting records that 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

In accordance with the company's articles, a resolution proposing that Robson Laidler Accountants Limited be reappointed as auditor of the company will be put at a General Meeting.

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

J Elliott
Trustee
24 November 2025
IF U CARE SHARE FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF IF U CARE SHARE FOUNDATION
- 7 -

Opinion

We have audited the financial statements of If U Care Share Foundation (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 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 of the state of the charitable company'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; and
-

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 (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the 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.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. 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 form of assurance conclusion thereon. 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 course of 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 this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material 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 our audit:

-

the information given in the trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and

-

the directors' report included within the trustees' report has been prepared in accordance with applicable legal requirements.

IF U CARE SHARE FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF IF U CARE SHARE FOUNDATION
- 8 -
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 directors' report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

-

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-

the financial statements are not in agreement with the accounting records and returns; or

-

certain disclosures of trustees' 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 statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the trustees' report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal 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. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

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 influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

The risk of material misstatement due to error or fraud has been assessed in conjunction with how internal controls may mitigate any such risk. These controls are reviewed as part of the audit be performing systems walkthroughs to ensure they are operating effectively. Other substantive testing is also performed on all material balances and therefore any instances of non-compliance should be identified or considered as insignificant.

 

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud, the audit engagement team;

- obtained an understanding of the nature of the industry and sector, including the legal and regulatory framework, in which the charity operates and how the charity complies with that legal and regulatory framework

- inquired with management and those charged with governance about their own identification and assessment of the risks of irregularities, including any know actual, suspected or alleged instances of fraud

- discussed with management and those charged with governance any non-compliance with laws and regulations and how fraud might occur including assessments of how and where the financial statements may be susceptible to fraud.

 

The risk of management override of controls was also considered an area of potential misstatement due to fraud. Audit procedures performed included testing of manual journal entries and other adjustments and evaluating the business rationale in relation to significant, unusual transactions and transactions entered into outside the normal course of business..

IF U CARE SHARE FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF IF U CARE SHARE FOUNDATION
- 9 -

There are inherent limitations in the audit procedures described above and the primary responsibility for the prevention and detection of irregularities including fraud rests with management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’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 charitable company’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 charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Nicholas Cunningham MSc BSc FCCA (Senior Statutory Auditor)
for and on behalf of Robson Laidler Accountants Limited
27 November 2025
Statutory Auditor
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
England
NE2 1TJ
IF U CARE SHARE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 10 -
Current financial year
Unrestricted
Restricted
Total
Total
funds
funds
2025
2025
2025
2024
Notes
£
£
£
£
Income from:
Donations and legacies
2
400,705
315,632
716,337
649,859
Charitable activities
3
304,716
223,017
527,733
732,544
Other trading activities
35,555
1,242
36,797
58,461
Total income
740,976
539,891
1,280,867
1,440,864
Expenditure on:
Charitable activities
4
796,053
475,071
1,271,124
1,401,547
Total expenditure
796,053
475,071
1,271,124
1,401,547
Net income/(expenditure)
(55,077)
64,820
9,743
39,317
Net movement in funds
6
(55,077)
64,820
9,743
39,317
Reconciliation of funds:
Fund balances at 1 April 2024
797,386
276,117
1,073,503
1,034,186
Fund balances at 31 March 2025
742,309
340,937
1,083,246
1,073,503

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

IF U CARE SHARE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 11 -
Prior financial period
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
Notes
£
£
£
Income from:
Donations and legacies
2
354,401
295,458
649,859
Charitable activities
3
594,052
138,492
732,544
Other trading activities
58,461
-
58,461
Total income
1,006,914
433,950
1,440,864
Expenditure on:
Charitable activities
4
951,096
450,451
1,401,547
Total expenditure
951,096
450,451
1,401,547
Net income/(expenditure)
55,818
(16,501)
39,317
Transfers between funds
246,851
(246,851)
-
Net movement in funds
6
302,669
(263,352)
39,317
Reconciliation of funds:
Fund balances at 1 February 2023
494,717
539,469
1,034,186
Fund balances at 31 March 2024
797,386
276,117
1,073,503
IF U CARE SHARE FOUNDATION
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 12 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
10
15,460
39,582
Current assets
Stocks
11
24,416
16,349
Debtors
12
152,583
141,148
Cash at bank and in hand
924,843
1,012,137
1,101,842
1,169,634
Creditors: amounts falling due within one year
13
(34,056)
(135,713)
Net current assets
1,067,786
1,033,921
Total assets less current liabilities
1,083,246
1,073,503
The funds of the charity
Restricted income funds
16
340,937
276,117
Unrestricted funds
15
742,309
797,386
1,083,246
1,073,503
The financial statements were approved by the trustees on 24 November 2025
J  Elliott
Trustee
IF U CARE SHARE FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
- 13 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash absorbed by operations
20
(87,165)
(23,972)
Investing activities
Purchase of tangible fixed assets
(129)
(7,149)
Net cash used in investing activities
(129)
(7,149)
Net cash generated from financing activities
-
-
Net decrease in cash and cash equivalents
(87,294)
(31,121)
Cash and cash equivalents at beginning of year
1,012,137
1,043,258
Cash and cash equivalents at end of year
924,843
1,012,137
IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 14 -
1
Accounting policies
Charity information

If U Care Share Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is 27 The Close East, South Pelaw, Chester le Street, Co Durham, DH2 2EY.

1.1
Reporting period

The prior year end was extended by two months to 31 March 2024, therefore the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

1.2
Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation 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 financial statements.

1.4
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.5
Income
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.

Cash donations are recognised on receipt. Other donations are recognised 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 Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 15 -
1.6
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.7
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% reducing balance
Computers
33% straight line
Motor vehicles
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.8
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.10
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.11
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 16 -
1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Donations and gifts
374,058
-
374,058
305,701
-
305,701

Grants

26,647
315,632
342,279
48,700
295,458
344,158
400,705
315,632
716,337
354,401
295,458
649,859
Grants receivable for core activities
Chester-Le-Street AAP
-
11,371
11,371
-
-
-
The Rose Patterson Trust
-
30,000
30,000
-
22,000
22,000
Barbour Foundation
-
10,000
10,000
-
-
-
David Riddell Foundation
-
20,000
20,000
-
-
-
The National Lottery
-
123,375
123,375
-
240,292
240,292
Chester-Le-Street AAP - Suicide Prevention Service
-
19,526
19,526
-
-
-
The National Lottery Awards for All
-
20,000
20,000
-
-
-
CDCF Household Support Fund
-
8,700
8,700
-
-
-
Alex Ferry Foundation
-
10,000
10,000
8,700
-
8,700
Sunderland Prevention
-
9,980
9,980
-
-
-
Other
26,647
52,680
79,327
40,000
33,166
73,166
26,647
315,632
342,279
48,700
295,458
344,158

Included in other grants is £2,425 ACTS 435, £2,000 CHAD, £4,800 CDCF Darlington Building Society, £5,500 CDCF Community Grants Funding Programme, £1,125 Groundwork UK - Tesco Stronger Starts, £500 Neighbourly Sainsbury's, £3,550 Screwfix Foundations, £8,530 Durham County Council - Derwent Valley AAP, £6,230 Sport England (Walking Group), £5,000 Elise Davis Trust, £500 Kuits Solicitors, £4,300 Karbon Homes Phase 4, £3,000 Catherine Cookson, £1,000 Skipton Building Society, £6,500 Point North Household Support Fund, £2,500 Tees Foundation, £5,000 Card Factory Foundation, £5,000 Sir James Knott Trust, £2,000 The Joicey Trust, £7,500 Hays Travel Foundation, £667 Durham County Council - Neighbourhood Budget - CLS AAP, £1,200 The Rothley Trust, and £500 Co-op Local Community Fund.

IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
3
Income from charitable activities
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Charitable activities
NHS North CCG Contract Income
182,710
-
182,710
266,225
-
266,225
Training income
45,501
-
45,501
24,531
-
24,531
Other contract income
10,902
223,017
233,919
186,567
138,492
325,059
Premier, FA and League football
61,851
-
61,851
110,557
-
110,557
Other income
3,752
-
3,752
6,172
-
6,172
304,716
223,017
527,733
594,052
138,492
732,544
4
Expenditure on charitable activities
Charitable activities
Charitable activities
2025
2024
£
£
Direct costs
Staff costs
935,559
1,039,856
Utilities
19,586
27,611
Postage and stationery
9,890
8,109
Refreshments
971
969
Marketing
63,433
45,471
Activity costs
81,924
96,599
Travel expenses
32,431
40,678
Insurance
5,682
10,236
Computer costs
25,064
27,301
1,174,540
1,296,830
Share of support and governance costs (see note 5)
Support
46,583
65,358
Governance
50,001
39,359
1,271,124
1,401,547
Analysis by fund
Unrestricted funds
796,053
951,096
Restricted funds
475,071
450,451
1,271,124
1,401,547
IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 18 -
5
Support costs allocated to activities
2025
2024
£
£
Depreciation
24,251
36,998
Cleaning
1,069
4,517
Repairs costs
5,790
3,348
Staff trainig
2,728
4,294
Sundry expenses
12,745
16,200
Governance costs
50,001
39,360
96,584
104,717
Analysed between:
Charitable activities
96,584
104,717
2025
2024
Governance costs comprise:
£
£
Audit fees
8,244
8,824
Accountancy
-
1,656
Legal and professional
41,757
28,880
50,001
39,360
6
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
8,244
8,824
Depreciation of owned tangible fixed assets
24,251
36,998
7
Trustees

None of the trustees received any remuneration or benefits from the charity during the year.

IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 19 -
8
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Admin
1
1
Finance
1
1
Support
16
15
TEAMH
3
4
Management
10
10
Total
31
31
Employment costs
2025
2024
£
£
Wages and salaries
841,105
936,816
Social security costs
70,611
78,387
Other pension costs
23,843
24,653
935,559
1,039,856

During the year, key management personnel received total remuneration and other benefits of £137,539 (2024: £107,012).

There were no employees whose annual remuneration was more than £60,000.
9
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

 

IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 20 -
10
Tangible fixed assets
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2024
7,535
77,958
45,000
130,493
Additions
-
129
-
129
At 31 March 2025
7,535
78,087
45,000
130,622
Depreciation and impairment
At 1 April 2024
4,103
65,948
20,860
90,911
Depreciation charged in the year
515
8,736
15,000
24,251
At 31 March 2025
4,618
74,684
35,860
115,162
Carrying amount
At 31 March 2025
2,917
3,403
9,140
15,460
At 31 March 2024
3,432
12,010
24,140
39,582
11
Stocks
2025
2024
£
£
Finished goods and goods for resale
24,416
16,349
12
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
30,873
36,808
Other debtors
59
42
Prepayments and accrued income
121,651
104,298
152,583
141,148
13
Creditors: amounts falling due within one year
2025
2024
£
£
Other taxation and social security
17,253
17,888
Trade creditors
3,470
10,700
Other creditors
4,660
4,105
Accruals and deferred income
8,673
103,020
34,056
135,713
IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 21 -
14
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
23,843
24,653

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

15
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
General funds
797,386
740,976
(796,053)
-
742,309
Previous period:
At 1 April 2023
Incoming resources
Resources expended
Transfers
At 31 March 2024
£
£
£
£
£
General funds
494,717
1,006,914
(951,096)
246,851
797,386
IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 22 -
16
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement in funds
Balance at
1 April 2024
Incoming resources
Resources expended
Balance at
31 March 2025
£
£
£
£
Fundraising
2,619
900
(59)
3,460
Prevent
97,551
202,768
(151,480)
148,839
SAS
6,008
156,290
(130,238)
32,060
TEAMH
39,363
24,713
(53,842)
10,234
TREAT
8,343
1,125
(3,344)
6,124
National Lottery
122,233
123,375
(118,004)
127,604
Therapies
-
1,000
-
1,000
Community
-
5,500
-
5,500
Training
-
16,220
(10,104)
6,116
Support
-
8,000
(8,000)
-
276,117
539,891
(475,071)
340,937

Fundraising

 

To fund fundraising events.

 

Prevent

 

To fund prevention work.

 

SAS

 

The Support after Suicide service provides bespoke practical and emotional support to persons affected by a death by suicide throughout the North East.

 

TEAMH

 

The Emotional and Mental Health workshop is aimed at 14-16 year olds and fits curriculum. This programme is delivered in schools across the North East as well as football academies within the Premier League, LFE, FA and DiSE.

 

TREAT

 

Provision of treatment and counselling sessions for supported people.

 

Therapies

 

Provision of therapy sessions for supported people.

IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16
Restricted funds
(Continued)
- 23 -

Community

 

To fund community work.

 

Training

 

Provision of training sessions for supported people.

 

Support

 

To fund support work.

17
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
15,460
-
15,460
Current assets/(liabilities)
726,849
340,937
1,067,786
742,309
340,937
1,083,246
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
39,582
-
39,582
Current assets/(liabilities)
757,804
276,117
1,033,921
797,386
276,117
1,073,503
18
Fund Transfers

Transfers between funds totalled £Nil this year (2024: £246,851) to correct fund allocations.

19
Related party transactions

During the year the Charity paid salaries of £47,894 (2024 : £53,680) in total to Mrs S Smith and Mr M Smith, the wife and son of trustee Mr D Smith. The terms of the employment are on a normal commercial basis.

IF U CARE SHARE FOUNDATION
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 24 -
20
Cash absorbed by operations
2025
2024
£
£
Surplus for the year
9,743
39,317
Adjustments for:
Depreciation and impairment of tangible fixed assets
24,251
36,998
Movements in working capital:
(Increase) in stocks
(8,067)
(16,349)
(Increase)/decrease in debtors
(11,435)
36,299
(Decrease) in creditors
(101,657)
(120,237)
Cash absorbed by operations
(87,165)
(23,972)
21
Analysis of changes in net funds

The charity had no material debt during the year.

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