REGISTERED CHARITY NUMBER.. 1146405 Report of the Trustees and Unaudited FinaDci81 Statement5 for the YeAr Ended 31 Juty 2021 for First Step$ Nutrltion Tru$t David Lindon & Co CharteFed Aceouniani8 Awaland House 110 London Road Hemel Hempsie2d HertfordshiTe HPJ 9SD
First Step5 Nutrition Trust Contents of the Financial Ststemtnts for the Year Ended 31 Jllly 2U21 Psgt Referettee Administr¥tiYe Details Report of the Trustees Independent Examither's Report Statemellt of Fin8ncial Activities Balance Sheet Nottt to tht Financial Statements 7 10 16 Dtt#ilcd Siatement of Financial Actlvltles
First Stcps Nutrition Trust Referen¢e *Dd AdmlDiStr8tlve Dethl for tht Year Ended 31 July 2021 TRUSTEES A Rosier A BrO,n M WilleTS R Percival V Thomas M Kerac lapp)inied 08104120211 CO-ORDINATOR V Sibson IBpp)int¢d 01105120211 PRINCIPAL ADDRESS Siudio 3.04. The Food Exchange New Coveni Garden MaTk Loiidon SW8 SEL REGISTERED CHARITY NUMBF.R 1146408 INDFPF.NDFNT EXAMINER Jonathan Hankinson FCA David Lindon & Co Chartered A¢eounianis Av313nd House 110 London Road Hemel Hempbiead H¢rtfordshir¢ HP3 9SD BANKERS Th¢ Co-vperative Bank Il¢ad Office POBOX 101 l Balloon Street Manchester M60 4EP Page I
First Steps f4utrition Trnyt Report of iht Tru$ttts ror the Year Ended 31 July 2021 Th¢ tru51ee5 present thetr report Thith the finallci31 statem¢nrs of the Charit) for ihe )e3r ended 31 July ?021. The Iru51iLS hayt adopted Ih¥ PT1510ll5 of Accounting and ReTNining bv Charities.. Stateent of Recommended Practice applicable io ¢hariiies preparin¥ theit a¢¢oun15 in a¢¢ordance with the Financial Reporting Standard applicable in the UK alld Republic of Ireland IfRS 1021 l¢ff¢¢iiv¢ l Januarv 20191- OBJECTIVES AND ACTIVITIES Prinelpal 8¢11i'liles 'he advanceinent of heBlfh for ihe benefii of the publi¢ ihrough the provision of infomiaiion and resouT¢es 10 support beller llulrilion81 health. focussing an the p¢r1 from pre-LonLepiivn Iv five ¢[. To adi'an¢e Ihe educaiion of the public Ihrou¥h ei'idence-based research and diss¢ininaiioii of information aboui gwd iiuiriiion. focussing on the pericyd from pr¢-¥oncepiion Iv five y¥urs. Athiei'emeDt5 Durillg 202012Q21 Firsi Sicps NuTrition Trust continued its v¢ry produci1¢ work as an exp¢rt voic¢ and ¢redible 5vurce of independ¢lll illformaiion on good nutrition fTOtn pre-conception lo five vears. This was despite reducing our head count by oll< staff Inember from Ma) ?021 in resp)nse 10 reduced funding consequent lo COVID. As of Jul} 20? l. the ¢harity employed 1.8 FTE staff. During 20201•0ti1 we updDted 3 number of r¢sgurc¢s. provided substantial inpul into an academic slud) Wurture Earlj for Opiimal Nuirilion,. published 8 ne polic). rert on th¢ poli¢), chang¢% ne¢ded Ii) enabl¢ mor¢ children to be a healthy Meighr and also a series vf technic31 brieting notes on milk and milk drink-s in ihe diets ot'14 year .olds. We updated and reorg3ntzed our Firsi Sieps web511<. Lonlinued lo add content lo all three of OUT ebSiteS IFirsi Sit. Infant Milk Info and Baby Feeding Law Group IIKI. fo¢using on ¢reaiing FAQS infomied b) qu¢ri¢s received from h¢alih car¢ professiuna15 and the public. We continue to supwm health orkers bnth in the IJK and globally on infant milk issu¢5. The chariti coniinu¢s io be ihe secretarial lo the Baby Feeding Law Gniup la network of 30 health.relaled organisations who would like io s¢e Ihe WHO C(Trde of marketing of brea51tnilk 5ubstilules in UK lawl and in the reportin¥ period we continued to host virtual me¢iings. sypw)rt members and gend leiiers and rewrts 10 relevant stskehold¢rs as a part of our advocacy etTorts. We responded 10 a range of consultations and ¢oniinu¢d io engage wilh work relevatti 10 eaiing well from prerfonccpiion io age five. Fitsi Sieps Nutrition TnLSt continues to partn¢r %4'iih Unicef UK Baby Friendly and our ¢(wrdinaior sils on ihe BFI deqignaiion commiiiee. We cunlinue to support the APPG on infanr f¢eding and in¢qualities. We Iwk part in a ide range of Consultations with buih acadeTlliCS and adi'isory groups and our work V4ith other earl) Nears and professional vrgani5aiion5 and Bllianees is ongoing The£¢ include th¢ Ob¢sil% H¢alih Alliance. Sustain. Soil Association alld th¢ Snsiiiui¢ of Healih Visitin Wv Lvniinue lo produce a popular monihly n¢wqlell¢r and have ac¢rued a further 1000 twitter followets over the last year, now r¢a¢hing 8.500 hcalih Ca professionals. polic}. makers. politicians. acad¢mi¢s and mcmb¢rs of ihc public. We are a n3m¢d Charli) with expertise on tnan), websites, including in information from Public H£Blth England. Healih Wales. HealTh Scotland and the NHS Suppl) Chain. Pase 2
First Steps Nutrition Trust Report of the Tru5ttes for the Year Ended 31 Julv 2021 FINANCIAL REVIEW Flnan¢lal posltlon Tlie total income for th¢ year £156.970. of which £28.654 r¢stricied in nature. Of these re5tri¢ied funds. all bBr £l.100 was expended in the >eBr. lJnrestricted expenditure in the lear tolalled £171.999. exeeeding unTeslTiCltd income b) £43.683. The shortfall wa5 ivvered brought f0Tard funds. The funds ¢gffied for¥sard at 7021 toialled £88.476. Reserve5 policy I'he "I"ru51ees maintsin reserves of £30.000 and the Trustees are sBlisfied that the current lewel of fTee reserves is sufficient for the eharily 10 carry Ot i15 objeclii'es in the future. FUTURF PLANS The focus of the charity's Thork will remain ihe me in 2021122. STRUCTLIKE, GOVERNANCE AND MANAGEMENT Coi'erDtng document The organibaiiun V¥as firsl Sel up on l August 2011 under a governing document. It subsequentl> applied foT. and ¥ranied. chariiablt Staius as from 8 March 2012. The chariry is conrrolled b) its goeMin¥ de¢umeni, being a Irusl d¢ed dated 8 March 2012. li eongliluies an in¢orwraied ¢haTlty Ichariry nutnber 11464081. Recruitment 2nd appointment of new tru$le¢sloffl¢erJ minimum vf IhTee tru51ee5 is required. This year one trustee retired and one new trustee was Tecruiled and we maintain a pantl of six Irusiees. Under ihe tenns of the inili&l governing dncument. trusiees ar¢ appoini¢d for gn initial period of three vears, after hich thei can be re-appointed for B furtlier period of Ihrtt vears agreernenl. In selecting individuals for appiiinimenl ab trubtees. the trustee5 Jnust h8Ne reg&rd to the skills, knoN4ledge and expeiience needed for the etlectii'e 8dininistration of the eh2rity. Trusiees meei ai leasi ihree times a )ear and ai le8St one of those meetings musl be held V4ith all teeS present. Trusie¢s can bt removed from otTice if they are absent for all meeting5 over a period of a vear. 0ry4Dis*tion41 stru¢ture Tlie ch&rit)' eurrenily has a Cordinat•r. a senior nutriiionisi and an athninisiratoras rmanenT ¢mplov¢es. Having dO57Zed in re5pNinse to a reduction in income in 20?0121 'e plan io InCree our capacit) again in ?0•1122 b) recruitment of a Nuiriiionisi. Some work 15 $lill undertaken by freelante siaff and this will continue in 202112022. PUBLIC BF.NEFIT The TsleeS confirm that they hav¢ ¢ompli¢d wilh ih¢ duTr In S¢ciion 4 of (he Chariii¢5 Aci 2006 10 have due regard to the public benefit guidance published by the chariry. commission in determining the activities undertaken b% ihe charity. Approved bi. order of the board of trust¢¢s on 2 D¢¢¢mb¢r. ?021 and sign¢d on lis b¢half by.. A RosieT- Trustee Pag¢ 3
IndepelldeDt Examiner'$ Report to the Trusttts of First Steps Nutr10 T$1 Jndtpelldent examiner's port to the Iruslee5 of Fir515ttP5 Nutrition Trust r¢wrt 10 the chariti. trustees on m> txaminaiion of (he aLLounls uf Trirst Steps Nutrition Trust (the Trust) for th ¢ar ended 31 July 2021. RespoDsibillties bAsl$ of report As the charity irusiccs of Ihe Trust you are responsible for the pr¢paration of th¢ accounts in a¢¢ordan¢e wilh the requirements ot'ihe Chariti¢s A¢1 ?01 I I'ihe Aei'i. report in r¢sp¢th of m> examination of the Trust's accounis carried oui under seciion 145 of (he Aei and in earryTrng out my exwninaiion I have followed all &pplicable Directions giv¢ll bv Ihe Charity Commission under s¢ciion 14515llbl of the Act. Indepeent tx#miDer's statement hae completed my LiaTninalivn. I confirm that no mai¢rial mallers have come to tlly attention in connection with (he examinaiion ¥iving mt Cause 10 believe that in any material r¢sp¢¢i' 3¢¢ouniing records weTe noi kept in r¢sp¢ci of ihe Trusi as requiTed bv section 130 of th¢ Act: or the accounis do not aLcord with ihos¢ records.. or the accounts do noi ¢omply wilh the applicable requiremenis conctming the fomi and eonlenl of accoun15 sei out in the Charities IA¢counis and Re[ts) Regulaiions 2008 oih¢r ihan any reqU1menT thai the accounts give a true and fair vi¢w which is noi a matter considered Es part of an independent ¢xaminaiion. have no LonceTns Bnd hav¢ Come across no viheT Tnatter5 in connection wirh ih¢ examinaiion 10 whiLh atteniion should b¢ drawn in thi5 report in ord¢r 10 enable a proper understanding of the aOunt5 to b¢ a¢h¢d. Jonathan Hankinson FCA ICAEW Dald Lindon & Co Chan¢rcd Ac¢ouniantS AvBl3nd Housc 110 London Road Hemel HetnP5tead Hertfordshire HP3 9SD 2 D¢¢cmber 2021 Pgge 4
First Step5 Nutrition Trust sttement ofFiDallcial Actii'itie5 for iht Year Endtd 31 July 2021 20?1 Total funds 20?1) Total funds Unr¢strici¢d funds R¢slrict¢d fi]nds Noies INCOME AND ENDOWMENTS FROM Donations and legacies 114.410 28,654 143,064 210.301 Other income 13.906 13.906 10,856 Total 128,316 28.654 156,970 221,157 EXPENDITURE ON Ch4rliible a¢ih,liles Direci costs Donaiions Support costs 141,529 27.554 169.083 164.243 i 0.000 46.496 29.419 29.419 Total 171,999 27,554 199.553 220.739 NET INCOMEIIEXPENDITUREI 143.6831 142,5831 418 RECONCILIATION OF FUNDS Toi*l fuLd$ brought fonw4rd 130,337 722 131,059 130.641 TOTAL FUNDS CARRIED FORWARD 86.654 1,822 88,476 131,059 The noie5 on pageo forni part of these fmancial siaiements Page 5
First Step5 Nutrition Trust Balgllee Sheet 31 July 2021 2021 2020 Noies CURRENT ASSETS DL'blvrs Cash ai bank 6,147 84.767 4,533 127,629 90,914 132.16? CREDITORS Atnounts falling due within on¢ y¢ar 12.4381 NF.T CURRENT ASSETS 88.476 131,059 TOT AL ASSETS LESS CURRENT LIABILITIES 88,476 131,059 NET ASSETS 88,476 131,059 FUNDS 14 Unrcsirieied funds ResiriLied funds-. Infant Milk Kingston EssBy Aw9rd 86,654 130.337 l J?2 500 722 1,822 722 TOTAL FUNDS 88.476 131,059 The financial statements were approved bv the Board of Trusl¢es and authoris¢d for issu¢ on 2 D¢cember 021 and ¢re signed on its behalf by-. A Rosier- Trusiee The notes on pagt O fonn part of Ih¢5e financial stamenis Pag¢ 6
First Step5 NutritioD Trn5t f4otes to the FlllAll¢lal StAtements foT the Year Ended Jl July 2021 ACCOUNTING POLICIES Bg$i$ of preparin% the finan¢i81 stattment5 First Si¢p Nuirition Trust is a Chariry r¢gisi¢r¢d in England and WBles. The Bddres5 of the regisiered offic is given in Ihc Charl informaiion on page l of ih¢s¢ financial stst¢m¢nts. The nature of the charitys operaiions and principal a¢iiwiiies are also dciailcd 1Th ihc Report of th¢ Trusl¢es. Th¢ chariiy consiiiuies a public benefil eniiiy as defined bj FRS 102. Th¢ rtnancial srai¢menls have been pr¢pared in aecordance ¥%'iih Aceouniing and Rerting bj Chariiies.. Siaiemeni of Recomin¢nded Practice appliLable 10 Lharilie5 prepaTlll¥ their aLLuunls in aLeUTdanLe with ihe Finaneial Reporting Siandard dppliLable in the UK and Republic of ITeland IFRS 1021 i55ued vn 16 Jul), •014 las upjaied ihrtsugh Upda1¢ Bulletin I published un 2 FebruaTh •0161. the Financial Retmirting Standard applicable in Ihe Uniied Kingdom and RepubliL uf Ireland IFRS IO•I. the Charities Act 2011. the Companies Aci 2006 and UK Generall) Accepted Accounling Practice. The financiBI 4talements hav¢ b¢en prepar¢d io giv¢ a 'iru¢ alld fair, view and have departed from the Charities IA¢¢ouiiis and Reports) R¢gulaiion$ 2(A)8 only 10 lh¢ ¢xi¢tti requir¢d to provide a 'lrue and fair i¢M This d¢panur¢ has tnkolved following Ihe Accouniing and Rcponing by ChaTiiies.' Siatemeiit of Re¢nrnm¢nded Practic¢ applicabl¢ 10 chariiies prtparing Ihcir a¢ctsunis in ac¥ordanc¢ wilh lh¢ Financial Reponing Sfandard applicable in Ihe UK and Republie of Ireland IFRS 1021 issued on 16 July 2014 ralh¢r Ihan ihe Aceouniing and Reporting by Chariiies.. Siaiemeni of Recommended Praciicc ¢ff¢ciiv¢ from I April ?005 which has since been wiihdTawn. The financial statements are prepared on a going concern bllsis undeT the hisiorical cost convention, modified iv include certain items at fair value. The financial 5tatement5 BTe PTenied sierling which is the functional currency of th< charity and rounded to the nearest £.. The si8nifi¢Bnt a¢countlTh8 p)lici¢s applied in th¢ pr¢paraiion of thes¢ financial statements are set 01]I below. Thege TM)li¢i¢s have been consisi¢nily applied ro all y¢ars pr¢4ent¢d unless oihen¥ise st&ted. FIDDtlAI reportltsg Stattdgrd 102- reduced di5c1o5ure eiemptions The chariti. taken adantage of the following disclosure exemption5 in prepaTing these financial statetnents. as per]nitted b) FRS 102'The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland,: th¢ r¢quir¢m¢nis ot'seclion 7 Siaieineni of Cash Flows., rh¢ r¢quirem¢ni of paragraph 3.17ldl. All incotne is recognised in the Statement of Financial Activities once the charity erhlitlement 10 the funds. il is pnibable that tht incom¢ will b¢ r¢¢¢iv¢d and th¢ amoynt ¢an b¢ measured reliably. For donations to be r¢¢ogni5¢d ihe chaTlly Wtll hav¢ been noiifi¢d of ihe amounts and th¢ s¢ttl¢ment date in V¥riting. If there are condition4 allached 10 lh¢ donaiion and ihis requires a l¢v¢l of performance before entitleineni can be obiained tli¢n itt¢om¢ is def¢rr¢d until ihosc condilll)ns are fulli m¢t or ih¢ fuifilment of thos¢ ¢ondilions is wiihin ih¢ ¢onirol of ihe charii) and li is probable ihai ihey will be fulfilled. No amouni is included in (he financial siaiemenis for volunteer litne in line with Ihe SORP IFRS 1021. Page 7 continued...
First Step5 Nutrition Trust Note8 to the Flnan¢i81 Statements- ¢ontinued for the Year Ended 31 July 2021 ACCOUNTING POLICIES- continued Tli¢ charity. r¢c¢ii'es governmeni granis. Income from goveTnmeni and other granis are rtcognised ar f8ir valu¢ when ihe chariry has eniiilemeni after an) performance conditions halie been mei, it is probable ihai Ilic income will be reeeived and the amourtt can be measured Teliablv. If entitlemeni is not met Ihen these amounis are dtferred. Expenditure Li3bilili¢s ar¢ recognised as expenditure as soon as there is a legal or tonstruciive obligaiion Lommilling the ch2riTh io rhai exndI1Ure. il i5 PTvbable Ihal a transfer of econoTnic benefits will be Tequired in 5eiiletnenl and ihe amount of ihe obligaiivn can be tneHsured TelTrably. Ixp¢nditur¢ is accounted for on accru31s basis and has been Classified under headings th3t aggregaie all cost r¢lai¢d 10 the cgt¢gorv. Where cannot bc ditecily allributed lo particular h¢8dings th¢y have b¢cn allocaicd io a¢iivitics on a basis consisieni with the use of resourc¢s. Taxation The chariiy is exempt frotn on its chBrit3bl¢ a¢iivili¢5. Fund aceounting UnTestrict¢d fund5 are available for ihe use ai the dis¢Tetion of the trustees in furtheTance of the ¥eneTal objectives of th¢ charity and which haie noi been designated foT oiher purtxises. R¢siricied funds can only be used for Particular r¢sirict¢d purws¢s wiihin th¢ obj¢cts of ih¢ charity. Resirietiorts arise when specifi¢d by th¢ donor or when funds are raised for particular r¢siTici¢d purws¢s. Further explanation of ihe nawre and purpose of each fund is included in ihe noies 10 the financial statements. DONATIONS AND LEGACIES Jn¢ome from donAtlons legacie5 2021 2020 Donations and l¢g8¢i¢s Grants 1 ?3,063 210.301 ?0.000 Total income from donatiorts and legacies 143,063 210.301 Pa¥t Contiued...
First Steps Nutrition Trust Notes to the Financial Statements- CODtiDued for the Yt*r Ended 31 July 2021 OTHER INCOME 2021 2020 Other incom¢ 13,906 10.856 CHARITABLE ACTIVITIES COSTS Direci Costs (see noic 51 Suppon cosis Ise¢ noie 61 Totalg DireLt costs DLTrnalions Support costs 169.083 169.083 29,419 29,419 170.134 29,419 199.553 DIRECT COSTS OF CHARITABLE ACTIVITIES 2021 Fr¢elan¢¢rs EdiVd¢siwVprini ages 34.755 21.190 169.083 SUPPORT COSTS Governance costs Management Finanee Torals Support costs 27.432 307 1.680 29,419 Page 9 continued...
First Steps Nutrition Trust Notes to the Financigl StatemtDts- ClbDtinued for tbt Ytsr Ended 31 Jttly 2011 SUPPORT COSTS. ¢ontinued Suptxirt ¢05ts ar¢ thos¢ that assist ihe work of the charity bui do noi directly T¢pr¢sent charitable activities and includ¢ office ¢0sts. governan¢c costs. admtntsrraiive pa>roll cosis. Th¢y ar¢ incurr¢d directl) in support of ¢xpendirur¢ on th¢ objecis of th¢ eharii> and include project managcm¢DI carri¢d out at Headquart¢rs, Supwn cosrs included in ihe alVe. are as follows.. 20?1 Supwin costs Totsl OtTiee Tent and Tales IT costs Travel and sub51St¢ll¢¢ Emplo)eT pengion Pustage and station¢r) CorntnunicatlQDS Sundries Subscriprions 17,235 2,432 18,234 3,214 2.793 5.486 5,438 383 453 680 9,449 572 fA4 27,432 41.497 2021 Support costs Toral Paypal chBrges 307 Governan¢t tosts 2021 SupTrrt costs •020 Total BLX)k-keeping Independent eXaTnIne fees Trustee & Trustee meeting expenses 2.272 1.680 1.047 1.680 1.680 4.999 Page 10 ¢oniinued.--
First Step5 NutTitIOD TTUSt Note$ to the Fin9nci1 Stat¢mtnts- ¢ontinued for lh¢ Year Ended 31 Jllly 2021 TRUSTEES, REMUNEK4TION AND BEPIEFITS There were no tnjsiees, remuneTation OT OtheT benefits for the year ended 31 July 2021 nor for ihe year ended 31 July 2020. Truslees, eSpese5 During ihe yeaT, the TTUSt reimbury¢d on¢ Trusi¢¢ for th¢ir tTav¢l and m¢¢ting ¢xp¢ns¢s, at a total cost of £Nil 12020.. £613}. STAFF COSTS Th¢ average monthly number of employees during the yeaT was as follows-. 2021 2020 Suppo>rt Staff No employees received emoluments in excess of £60,000. 2021 2020 Wages and vlarie5 Social Security ETnplo)'er pension 106.068 7.070 5,438 109,724 1.574 5,486 118.576 116.784 The av¢rage full lim¢ ¢quival¢ni IFTEI of staff during the year was 2.612020-. 2.8). All of which OP¢Taied on ihe managemeni of the charitv. COMPARATIVES FOR THE STATEMEIYT OF FINANCJAL AcfivITIES Llnrcsiricied Rcsiricied funds funds Toial funds INCOME AND ENDOWMENTS FROM Donations and l¢ggci¢5 210,301 210.301 (hher income 10.856 10,856 Total 221.157 221.157 F.XPF.NDITURE ON Charitable activities Dirccr costs Donaiiorts Supwrt costs 144.965 10.000 46,496 19.278 164.243 10.000 46.496 Page 11 ¢tsnitnued...
First Steps NutritlOD Trust Note% to the Financial StatemeDts- ¢oDtinueil for the Year Ended JI Jul) 2021 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- eoDtlnued IIDrestTlCt¢d Restricted funds funds Totsl funds Total 201.461 19.278 220.739 NET JNCOMEI(EXPENDITUREI 19.696 119,2781 418 RECONCILIATION OF FUNDS Total funds brought forw¥rd 110,641 20,000 130.641 TOTAL FUNDS CARRIFD FORWARD 130.337 722 131.059 io. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 Oiher debtor Prepayments and a¢¢Tued in¢otne 5.703 444 4.259 274 6,147 4,533 CREDITORS.. AMOUNT8 FALLING DLIE WITHIN ONE YEAR 2021 2020 Oth¢r crediiors 2.438 Page 12 ¢oniinued...
First Steps Nutrition Trust Note5 to the Financial StatemeDts- ¢oDtinued ror the Ytir Eded 31 Juty 2021 LEASING ACREEMENTS Minimum lease payTnents under non-cancellable op¢rating 1¢aS fall due as follo,$.. 2021 •020 Within )'¢ar Between on¢ and fiv¢ year5 10.85) 5.651 10,107 16.506 10.107 The trusi ¢ni¢rtd into a IWLTr jtar Tenlal agreetnenl commencing on 7 FebruBr) ?021. Th¢ Trust is contractuall}' eniiil¢d io end (he lease by giivingi not les5 than thre¢ month5 1STitten notic¢. ij. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2021 Total funds 2020 Toial fund5 Uttrestricted fund5 R¢stricl¢d funds Curreni asse15 Curreni liabilities 89.092 12.4381 1.822 90.914 12.4381 132.162 86.654 1.8?2 88.476 131.059 14. MOVEMENT IN FUNDS Net 0ement in funds Al At 118120 Ullrestricted funds General fund 130,337 143.683 86,654 Restricted Infant Milk Kin¥51on Essay Award 7•2 600 500 1.322 500 722 1.812 TOTAL FUNDS 131.059 142.5831 88.476 Past 13 continued...
Flr$t Step$ NutrStlon Tru$t Notes io the Fln*ntlal Siattmtiits- tolilillutd for the Year Ended 31 Jllly Z021 14. MOVEMENT IN FUYDS. contiDuod Nei movement in funds. included in the above aT< 85 follow5.. lrtcotning resources Resources expended Mevemeni in funds Unresirlcted funds General fund 128.316 1171,9991 143.6831 Re$irieted funds Infani Milk N¢on Proj¢ci Kingston E55ay Award 20.000 8.154 500 119,4001 18,1541 600 500 28.654 127.5541 TOTAL FUNDS 156,970 1199.5531 {4?.583) CoThp2ratives for mol'tmtni lth funds Nei [nOveent in fullds At 3117120 At 118119 LDTestri¢ttd funds General fund 110.641 19.696 130.337 Re$trieied fuknds Infani Milk 20.000 (19.2781 722 TOTAL FUNDS 130.641 418 Pa¥e 14 continued...
First Steps Nutrition Trust Notes to tbe Finallcial StatemeDts- coutiDued ror tbt Ytar Endtd 31 July 2021 14. MOVEMENT IN FUNDS- continued CotnparBtiv¢ n¢1 mov¢m¢nt in funds. included in Ihe abowe are as follows.. Incoming resources Re%our¢e expeiided Movem¢nt in funds Unrestrkttd futtds GeneTal fund 221,157 1201,4611 19,696 Rtstrleted futtds Infant Milk 119,278} 119,2781 TOTAL FUNDS 221,157 {220.739} 418 A Quent Ve 12 monihg and priot )ear 12 month5 cornbined position 15 as follows.. Nci movement in funds Al Al 118119 Unrestricted funds General fijnd 110.641 123.9871 86.654 Restricted funds Infani Milk Kingsion Essay Award 20.000 118.6781 500 ,322 500 20,000 1.822 TOTAL FUNDS 130,641 142.1651 88,476 Page 15 ¢ontinued...
First Steps Nutrition Trust Note5 to the Financial Sl8ltmeDts- ¢ODlinued for th¢ Y¢ar End¢d 31 Jllly 2021 14. MOVEMENT IN FUNDS- eontinued A current year 12 month5 and prioT year 12 tnonths combined net moveTnenl in funds. included in the above are a5 follows.. Ineoming resources Rcsourecs expended Movein¢ni in funds Unrestrleied fullds General fund 349.473 1373.4601 123,9871 Resirltttd fthnds Infant Milk Neon Proj¢cl KInglon Essa) Award ?0,000 8.154 soo 138.678} 18.154} 118.6781 500 28.654 146,8321 TOTAL FUYDS 378.127 (420,2921 142,1651 The Irusi reeeiied the following Te5tricted funds during the v¢ar'. InfaDt Mllk.. a £20.000 grani was received frotn the Scottish Gov¢rnment, to bE used to fund infant milk and breasifeeding WOTk. Projt¢t". £8.154 was receiv¢d from a proj¢ci run by Univ¢rsit> Coll¢g¢ l.ondon to fund the PTepaTation of & practical phoiographic resourc¢ eniiil¢d"Eaiing 't[l.. 6 months 10 2 y¢ars for South Asian Children. Kill10n E55a) Aw¥rd: th¢ Killgsion University essa) award was ser up using public funds from Helen Cramlek's reiireineni donations. The a%saTd will LY in place for 10 year5, Startin¥ in 2022. and will be offering an annual pre of £50 pan of an ¢ssay comp¢tiiion. 15. RELATED PARTY DISCLOSURES There were no relat¢d pany rransaciions for the year ended 31 July 2021. Pagt 16
First Steps Nulrition Trust Detailed Statement of Fillanrial Activities for the Year Ettdtd JI Jul}. 2021 2021 2020 INCOME AND ENDOWMENTS Donatlons 9d Itgaclts Doiiaiions and gifi aid Granis 123.064 20,000 210.301 143,064 210,301 Other illtome Other incoTne 13,906 10,856 Total incoming resourees 156,970 221,157 EXPENDITURE ChAritAble gctlvltles 'ages Fre¢lancer5 Conference cosis Research projecr cost5 EdillD¢signlPrinl Donations 34,755 ?4,328 1.475 9.872 17.*70 10.000 21.190 1.051 170.134 174.243 Support cost5 Management nfficc rent aiid rates IT costs Travel and subsistence Employer p¢n5i0n PosiaEe and siati()nery Communicaiions Sundries Subscriptions 17,235 2,432 18,234 3,214 2,793 5.486 5.438 383 453 680 9,449 572 644 27.43? 41,497 Finance PayPal charges 307 This pag¢ does noi form part of ihe staiulory financial siaiemenis Page 17
First Steps Nutrition Trusl Det#lled StAlemenl of Financial Activilies for the Ytar Ended 31 July 2021 20?1 FÉn#nte Goi'¢rn¥ntÈ ¢ost$ Book-keeping Independent examiners fees Trustee & Trustee meeling expenses 2,272 1.680 1.047 1,680 1.680 4.999 Total resources expended 199.553 220,739 Net Itxpethdlture)/Trntome 142,583) 418 This page does not forni pan ofthe stsiuiory financial siaiements Page 18