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||Page|
|---|---|
|Reference andAdministrativeDetails|I|
|Report of theTrustees|2to3|
|Independent Examiner'sReport|4|
|Statementof FinancialActivities|5|
|BalanceSheet|6|
|NotestotheFinancialStatements|7to16|
|DetailedStatementof FinancialActivities|17to18|





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Fi￿t Step$ Nutritiott Trn$¢
Report of the Trv51ees
for ihe Year EAded 3J Jyty 21)20
FINANCIAL REVIEW
poliry
The Trusiees agreed this ycarlo maintain ￿5¢￿ve5 01"£30.(iOO and ihe I￿L￿ceS are satisf￿d Ihat the current level of
free resern'es is suifTcicnt for the eharity io cany i>ul its Objecti￿c$ in ihe lulvre.
The fac￿ of the cknitts work wftll Yenwin the game in 2020r21.
The org8nisatiOn W•5 first Set up ￿ l Au8ltst 2011 a 8iryrrning It sulw￿tty 8ppli¢d for, and
Wa5 grxnte4 clllrilBble stath as ¥ March 2011 The ¢lwity ts c(Aknlkd by its governing doGumenL being a
which thty can iK T￿)￿lnted for a fioiher period of thrte yem iry In selecting individuals for
ap￿]ntille￿ ￿ trustees. trllstees must have re￿d trj the skilL% kTh)wledee aud experience needed for the
effe¢liv¢ odrninistrntioty of the charty. TTUStccJ mrft at *¢DW 6 ycdr and at kas1 on¢ of th(￿ m¢¢tin85
must be held with all tn￿te¢S iYesthL
TTVSSees c4n iy rett￿ved from oifice if they ¥e Absent for all nxetings Iwer a period of a year
cmployKs. SonK f￿￿t￿?￿ w¢ by Jtstraud Ihis will ￿l]Dur ill 202012021.
PUBLIC BENEFrr
The Tft￿$ confim) thllt tw Iw t4Jryilied with the in sttliL￿ 4 of the Chwities Act 2006 to have due
reRard to tt* public i￿tfit gum18￿ pubIL4￿1 ty the commiwn in detenninin£ the activities undertaken
by the elwity.
Approved by order of the Ix)ard of tfusiees on 5 Nos'embeT *020 aThJ on its behalf by:
A Rosier- Th￿tee

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|||||2020|20t9|
|---|---|---|---|---|---|
||Unrestricted||Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|<br>L|f_|f|f|
|INCOME AND ENDOWMENTS FROM||||||
|Donationsand legacies|2|210,301||210,301|230,300|
|Otherincome|3|10,856||10,856|44.084|
|Total||22t.t5l||221.157|274.384|
|EXPENDITUREON||||||
|Charitableactivities||||||
|Directcosts||t44,965|19,278-|164,243|173,573|
|Donations||10,000||10,000|10,300|
|Supportcosts||46,496||46,496|48,148|
|Total||201,461|19.278|220,739|232,021|
|NET INCOME/(EXPENDTTURE)||19,696|(19,278)|418|42,363|
|RECONCILIATIONOF FUNDS||||||
|Totalfundsbrought forward||I10,641|20.000|I30.641|88.278|
|TOTALFUNDSCARRIED FORWARI)||130,337|722<br>:|l3l,059|130,641|





First Steps Nutrltion Trust
Balgnee Sheet
31 Juty 1020
2IY20
7019
Note
Debtors
Cash at tthllk
io
4,533
E27,629
4,259
138,702
132,162
142.961
CREDfTORS
Amounts fallitsg tkn within onc y
{1.103)
111320)
NET CURRENT ASSETS
131.0$9
TOT AL ASSETS LESS CURRENT
LIABILITIES
131,059
130,(AI
NET ASSETS
131.059
FUNDS
Unrestricted fijnds
Restricted fuftd%.'
Infant Milk
14
130.337
110,641
722
20,000
TOTAL FUNDS
131.059
130,e41
The financial Statem￿ were 4v0￿d iy the Blmd of Trt￿ee$ for issue on 5 November2020 4nd
were sI￿d on its Ixhalf by:
A Rosier- Trustee
Tr pase Q fomi FWS of ttrtx financial staiemcnts

'irst >ileps Nutrition Trust
Notes to the Fittanelal Statements
for the Year Ended 31 July 2U2U
ACCOUNTING POLICIES
Bx$is of prep4rittg the fillaneial Statements
First ste.p Niitrition Tni%t is A ChArity rp.giftp.reA iEt F.ngland And WAles. The addresq af the regi.qtered office
is given in ihe charity informaiion on Pd¥¥ l of thcsc findnLial slu1¢￿1￿11ls. Tki¥ Iliilurr uf ilir LILaiity'
operations arkd principal activities are also detailed th'ith the Report of the Trustees.
Th¢ ¢hority ¢onstitut¢3 & public kn¢fit cntity %kS dcfincd by FRS 102. The financiol statements have been
prepared in accordance with Accounting and Reporting by Charities.. Sialement ot Recotnmended Practice
applicabl¢ to cliariti¢s pr¢pariiig th¢ir a¢counts in accordaiice with the Financial Reporting Standard
applicable in th¢ UK and R¢public of Ir¢land (FRS 102) issued on 16 July 2014 (as updated through Updat¢
Bulleiin I published on 2 February 2016), Ihe Financial Reponing STandard applicable in Ihe Uniied
Kingdom and Republic of Irel￿d {FRS 102), the Charities Act 901 I, the Compani¢s A¢t ?006 arhd UK
Generally Accepted Accounting Practice.
The finxneial %txtement< hAve heerk prepaTr.d tf) give A 'triie and fair, view and hAve depArted frnm the
Churilics (ALLuunts Rcpons) RtguldtiuJ)s 2008 only lu th¥ ¥xLgnl rcquir¥LI iu prvvid¢ &t 'lru¢ iiiid fitir
view,. This departure has involved following the Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparin% their accounis in accordance with ihe Financial
Reporting Sitstkdttrd Applicablc in thc UK and Rcpublic of Ireltlnd (FRS I O•) issued on 16 July 2014 rather
than the Accounting and Reporting by Charittes: Statement of Reeommended Practice etlective trom I
April 2005 which has sin¢e been wiihdrnwn.
The tlnanclal siaiemenis are prepared on a going Concern basls under ihe hlstorical cosi conveniion,
modified to include eertain items at fair value. The financial statements are pr¢s¢nted in sterling which is
the functional currency of the charity and rounded to the nearesi £000.
The #ignificxnt 2ccniinting pnlicies Applied in the prepArAtinn rtf these finxncial 8t&tementq are set out
b¢low. Th¢5¢ polici¢5 havc bc¢n con515t¢ntly appli¢d t(Tr #ll y¢aTS pr¢s¢n¢ed unless otlierwise stated.
'lllallcial reportin2 $land#rd IV2 - r¢dueed disclosure exemptions
Th¢ charity ha3 lakcn advantagc of thc following di3¢1osurc cxcmptions in prcparins tFLcse financial
statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland,:
Ihe requiremenis of Seciion 7 Staiement of Cash Flows;
the requirement of Section 3 Financial Statement Presentation paragraph 3.17(d).
All income is re¢ognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that th¢ in¢ome will be r¢c¢iv¢d and th¢ amount can be measured reliably.
or donations to be recognised the chaTity will have been notitied ot the amounts and Ihe settlemenl date in
writing. If there are conditions attached to the donation and this requires a Icvel of p¢rfom]ftnee before
entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of
LIIus¥ ¥uIidiliuns is wiLliin Lh¥ Luntrul uf lh¥ ￿h￿ILY il is piubabl¢ thaL ih¥y will b¥ fuifill¢d.
No amount is included in the finan¢Aal statements for volunteer time in line with the SORP (FRS 102).
Page 7
continued...

First Steps tyutrition Trust
Notes to the Fillaneial Statements- eontinued
lor the Year Ended 31 July 2020
ACCOUNTING POLICIES- Continued
Ineome
The charity receives government grants. Income from government and other grants are reCO￿lSed at fatr
valuc whrn tlic chaTity ha5 entitl¢iii¢iit aft¢r aiiy p¢i"foiiiiaiic¢ ioiidit10115 liav¢ b¢¢ii Jii¢t, it is piobabl¢ tliat
the income will be received Rnd the Amount can be measured reliably. If entitlement is not met then these
amounts are deferred.
E'xpendilu
Liabiliti¢s arc rccognised as expenditure as soon as there ts a legal or ¢onstructive obligation committing the
Charity to that expenditure, it is probable that a transfer of e¢onomi¢ b¢n¢fits will b¢ r¢quir¢d in settl¢m¢nt
ajid i11¥ 41JiivuiII vf ili¢ ubli¥uliun Lan k mcasured rLliablv. Expendiiure is accounted for on an accruals
bagis #nd has been clasgified under headingg that aggregate all cost related to the category. Where costs
cannot be dfftrectly attribuied to parti¢ular hcadings they have been allocated to activities on a basis
consistent with the use of resources.
Taxatio
The charity is exempt from tax on its charitsble activities.
Fund Aeeounting
Unrestricted tunds are available tor the use at the discretion of the trustees in turtherance of the general
objectives of th¢ Charity and which have noi been designated for other purpos¢s.
RcstriLt¢d funds can only be used for panicular resiricied purposes wlthln Ihe objecis of ihe charlty.
Restrictions arise when specified by th¢ donor or when funds are raised for particular resiricted purposes.
Furth¢r ¢xplan&tion of thc naturc and purpos¢ of ¢a¢h fund is includ¢d in th¢ not¢s to th¢ financial
statements.
DONATIONS AND LEGACIES
Ineotne from donotions and legacies
2020
2019
Donations and legacies
ranis
210,301 210,300
20,000
Tolal income from donations and legacies
210.301 230.300
Page 8
continued...

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|OTHER INCOME|||
|---|---|---|
||202A|2019|
|Otherincome|f,E<br>10,856|22,001|
|Conference income|-|22,083|
||19816|!,M1|



## 

|CHARITABLE ACTIVITIESCOSTS||||
|---|---|---|---|
|Directcosts<br>Donations<br>Supportcosts|Direct<br>Costs(see<br>note5)<br>f"f,t<br>164,243<br>10,000<br>-|Support<br>costs(see<br>note6)<br> <br>-<br>-<br>46,496|Totals<br>164,243<br>10,000<br>46,496|
||174,243<br>:|46,496<br>::|224,89|



## 

||2020|
|---|---|
||*,|
|Freelancers|24,328|
|Edit/design/print|17,270|
|Wages|111,298|
|Conferencecosts|1,475|
|Researchgrant|9,872|
||164,243|





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|SUPPORTCOSTS|||||
|---|---|---|---|---|
|||Governance|||
||Management<br>t||costs<br>f.|Totals<br>f|
|Supportcosts|!,^r]|:|4,999|46,496|



## 

|Management|||
|---|---|---|
||2020|2019|
||Support|Total|
||costs|activities|
||f|f.|
|Officerentand rates|18,234|8,481|
|ITcosts|3,214|1,852|
|Traveland subsistence|2,793|3,867|
|Employerpension|5,486|4,500|
|Postageand stationery|1,105|1,590|
|Communications|9,449|16,604|
|Sundries|572|3,916|
|Subscriptions|644|1,249|
||41,497<br>:|42,059<br>:|
|Governancecosts|||
||2020|20t9|
||Support|Total|
||costs|activities|
||f|f|
|Book-keeping|I )11|3,231|
|Independent examinersfees|1,680|1,440|
|Trustee&Trustee meetingexpenses|1,047|1,418|
||4,ggg|6,089|
|||:|





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||2020|2019|
|---|---|---|
|SupportStaff|4<br>:|2|
|Noemployees received emolumentsinexcessoff60,000.|||
||2020|2019|
||f.|f|
|Wages and salaries|109,724|90,430|
|Social Security|7,574|5,379|
|Employerpension|5,486|4,500|
||116,784|100,309|



## 

|COMPARATIVESFORTHE STATEMENTOFF|INANCIAL ACTIVITIES|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||f.|f.|f|
|INCOMEANDENDOWMENTS FROM||||
|Donations andlegacies|210,300|20,000|230,300|
|Other income|44,084||44,084|
|Total|254,384|<br>20,000|274,384|
|EXPENDITUREON||||
|Charitable activities||||
|Directcosts|173,573||r73,573|
|Donations|10,300||10,300|
|Supportcosts|48,148||48,148|





## 

|9.|COMPARATMSFORTHE STATEMENTOFFINANCIAL|COMPARATMSFORTHE STATEMENTOFFINANCIAL|ACTMTIES-continued|ACTMTIES-continued||
|---|---|---|---|---|---|
|||Unrestricted||Restricted|Total|
||||funds|funds|funds|
||||f.|f.|f"|
||Total|232,021|||232,021|
||NET INCOME||22,363|20,000|42,363|
||RECONCILIATIONOFFUNDS|||||
||Totalfunds broughtforward||88,278||88,279|
||TOTALFUNDSCARRIED FORWARI)|110,647<br>:||20,000|!0,6r|
|10.|DEBTORS:AMOUNTS F,ALLINGDUEWITHINONEYEAR|||-2020|2019|
|||||f|t|
||Other debtors|||4,259|4,259_|
||Prepaymentsandaccrued income|||274||
|||||4,533<br>::|^22|
|11.|CREDITORS: AMOUNTSFALLINGDUEWITHINONEYEAR|||||
|||||2020|20t9|
||Othercreditors|||f<br>1,103|f.tz!2|





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||2020|2019|
|---|---|---|
||f|f|
|Withinoneyear|10,107|10,855|
|Betweenone andfiveyears||6,332|
||lgt[|rr8,|



## 

|ANALYSISOF NETASSETSBET|WEENFUNDS||||
|---|---|---|---|---|
||||2020|2019|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
||f|f.|f|f.|
|Currentassets|131,440|722|132,162|142,961|
|Currentliabilities|(1,103)||(1,103)|(12,320)|
||130,337|722|131,059|130,64r|
|||||:|
|MOVEMENTINFUNDS|||||
||||Net||
||||movement|At|
|||At118119|infunds|3U7120|
|||f|c|f.|
|Unrestrictedfunds|||||
|Generalfund||110,647|19,696|130,337|
|Restrictedfunds|||||
|InfantMilk||20,000|(19,278)|722|
|TOTALFUNDS||130,641<br>:|418<br>:|131,059|



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|Netmovementinfunds,included inthe aboveareasfollow|s:|s:||||
|---|---|---|---|---|---|
||lncoming||Resources|Movement||
||resources||expended|infunds||
|||f.|f.||f.|
|Unrestrictedfunds||||||
|Generalfund|221,157||(20t,461)||19,696|
|Restrictedfunds||||||
|InfantMilk|||(19,278)|(t9,278)||
|TOTALFUNDS|221,157<br>:||(220,739)||418|
|Comparativesformovementinfunds||||||
||||Net|||
||||movement||At|
||At1/8/18||infunds|3U7lt9||
|||f.|f||f.|
|Unrestrictedfunds||||||
|Generalfund||88,278|22,363|110,641||
|Restrictedfunds||||||
|InfantMilk|||20,000||20,000|
|TOTALTUNDS||ll1L|42,363|r30,641<br>:||
|Comparative net movement in funds,included intheabove|areas|follows:||||
||Incoming||Resources|Movement||
||resources||expended|infunds||
|||f.|t||f|
|Unrestricted funds||||||
|Generalfund|254,394||(232,021)||22,363|
|Restricted funds||||||
|InfantMilk||20,000|||20,000|
|TOTALFUNDS|274,384||(232,021)<br>:|:|42,363|





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||||Net||
|---|---|---|---|---|
||||movement|At|
||At1/8/18||infunds|3117120|
|||f|f.|t|
|Unrestrictedfunds|||||
|Generalfund||88,278|42,059|130,337|
|Restrictedfunds|||||
|InfantMilk|||722|722|
|TOTALFUNDS|:|88,278<br>|42,781|131,059|



||Incoming|Resources|Movement|
|---|---|---|---|
||resources<br>f|expended<br>f|infunds<br>+|
|Unrestrictedfunds||||
|Generalfund|475,541|(433,482)|42,059|
|Restrictedfunds||||
|InfantMilk|20,000|(t9,278)|722|
|TOTALFUNDS|495,541|(452,760)|42,781|





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||2020|2019|
|---|---|---|
||f.|f.|
|INCOMEANDENDOWMENTS|||
|Donationsandlegacies|||
|Donationsandgiftaid|210,301|210,300|
|Grants||20,000|
||210,301|230,300|
|Otherincome|||
|Otherincome|10,856|22,001|
|Conference income||22,093|
||10,856|44,084|
|Totalincomingresources|221,157|274,384|
|EXPENDITURE|||
|Charitable activities|||
|Wages|111,298|95,809|
|Freelancers|24,328|24,484|
|Conferencecosts|1,47 5|22,998|
|Researchprojectcosts|9,872||
|Edit/Design/Print|17,270|30,282|
|Donations|10,000|10,300|
||t74,243|183,873|
|Supportcosts|||
|Management|||
|Officerentand rates|18,234|g,4gl|
|ITcosts|3,214|1,852|
|Traveland subsistence|2,793|3,867|
|Employerpension|5,486|4,500|
|Postage andstationery|1,105|1,590|
|Communications|9,449|16,604|
|Sundries|572|3,916|
|Subscriptions|644|1,249|
||41,497|42,059|





## 

||2020|2019|
|---|---|---|
||f.|f.|
|Management|||
|Governancecosts|||
|Book-keeping<br>lndependent examinersfees<br>Trustee&Trustee meetingexpenses|2,272<br>1,680<br>1,047|3,231<br>1,440<br>1,418|
||4,999|6,089|
|Totalresources expended|220,739|232,021|
|Net income|418|42,363|