First Steps Nutrition Trust
Charity Registration No. 1146408
Report and Unaudited Financial Statements Year ended 31 July 2025
First Steps Nutrition Trust
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| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 9 |
| Independent Examiner's Report | 10 |
| Statement of Financial Activities | 11 |
| Balance Sheet | 12 |
| Notes to the Financial Statements | 13 to 18 |
First Steps Nutrition Trust
Status: Charity registration no.: 1146408 The Charity's governing document is its Constitution dated 15 March 2012 Registered Office: Studio 2.16 The Food Exchange New Covent Garden Market London SW8 5EL Executive Director V Sibson Trustees: Corina-Maria Campian (appointed on 20/04/2026) F V Cox (resigned 31 January 2025) Gabrielle Owtram Ellen Dicicco Dr Marko Kerac Dr Vicky Thomas Robert Percival Marjon Willers Bankers: The Co-operative Bank Head Office PO Box 101 1 Balloon Street Manchester M60 4EP Independent examiner: Shruti Soni Ltd Chartered Certified Accountants 117A St. John's Hill Sevenoaks TN13 3PE
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First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 The trustees present thei r report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of I reland IFRS 1021 leffective I January 20191. TRUSTEES OF THE CHARrtY The trustees of the charitable unincorporated organisation I'the charity,) serving during the year and since the year end were as follows F V Cox (resigned 31 January 20251 Corina-maria Campian (appointed on 20 April 20261 E Diccico Dr M Kerac G Owtram R Percival Ichairl Dr V Thomas M Willers Objectives The charity's objectives are the advancement of health for the benefit of the public through the provision of information and resources to support better nutritional health, focusing on the period from pre-conception to 5 years. To advance the education of the public through evidence-based research and the dissemination of information about good nutrition, focusing on the period from pre-conception to S year5. Actlvltles and Key achlevements In 2024125 Firsi Steps Nutrition Trusi persists in very effectively maintain ing its position as the expert independent voice on early years nutrition in the UK. We continue to provide conflict of intere5t- free, expert, practical resources on eating well from preconception to age 5 to professionals working with families and families themselves, and to support them in other ways including through maintenance of the www.infantmilkinfo.org webslte, provision of training5 and webinars, and answering queries. We a150 contin ue to effectively influence policies to better enable pregnant and breasrfeeding women to eat well and parents and carers of babies and young children to feed them healthy diets.
First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 As a result of concerted fundraising efforts, our income went up again in 202412 5, and efficient expenditure continues to support the highly productive work of our small team. Below are some more specific highlights of First Steps Nutrition Trust's policy and practice work in the reporting year. Impact reports for both 2024 and 202 5 are also available at www.firstste 5nutrition.or Pollcy hlghllghts During 202412025.. o We inf luenced the release and content of new composition and marketing guidelines for the baby food industry. A peer reviewed narrative review on commercial baby foods that we wrote was cited within the guidelines. We were invited to comment on the baby food guidelines on BBC Breakfast News live. BBC Radio 4 Today programme live and on other radio stations as well as in the print press. We influenced and informed the update of NHS guidance on feeding babies, to advise minimising shop-bought baby foods A Guardian 'long read, on commercial baby foods led ro our work being raised in the House of Lords and our Director featured in the Panorama 'The Truth about Baby Food Pouches,. Our work on commercial baby foods contributed to a 15% decline in sales of wet baby foods. Our work to Stop the national roll out of a Danone-funded infant feeding support service was recognised in the Britlsh Medical Journal's annual impact report. We published I I policy briefings, statements and infographics shaping early years nutrition policy and practice. We influenced the DHSC and devolved nations to commit to address formula company marketing. We prepared and submitted 6 responses to Government consultations, and influence of peer organi5ations' responses. We published an FAQ on formula provision by food banks endorsed by the 2 national food bank organi5ations, resulting in an end to media calls on the Same. We supported revival of the All-Party Parliamentary Grou p on Infant Feeding under a new chair.
First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 We were sought out by the Department of Health and Social Care and the Department for the Environ ment, Food and Rural Affairs for expert input e.g. on emergency preparedness for families who use formula. Our infant formula price monitoring led to a price freeze by Aldi. The value of our policy work 15 exemplified by these quotes from key stakeholder5'. -1 would like to finish [this adjournment debate on infant feeding in the House of Commons] by thanking all those tireless acrivisrs and campaigners who have been fighting for all women to have support. guidance and rrusred informarion when rhey begin tnotherhood.. a special thank you goes to.. First Sreps Nurrition Trusr" Jess Brown-Fuller, MP and chair of the All-Party Parliamentary Group on Infant Feeding 'First Steps Nutrition Trust s work has been instrumental in informing work around reformulation and marketing of commercial baby foods in the UK and Europe" Dr Gundo Aurel Weiler, Director, Prevention and Health Promotion, WHO Europe. '1 would like to express the Scottish Government's appreciations of the important work being done by Firsr Steps Nurrition Trust and the Baby Feeding Law Group-UK to support infant 2nd maternal health in advocaring forpolicies rhat protect families from commercial influence... Your pricing data and insights are valuable. and we will ensure they are considered as part of ongoing po/iry disCUS5ions... Thank you again for your continued engagement and advocacy"_ Jenni Minto, Minister for Public Health and Women's Health, Scottish Government Practice highlights During 202412025.. We saw 17.2K downloads of our 13 PDF 'Eating Well, guides, which were also signposted by the prestigious medical journal. the Lancet. We had 239K unique visitors to our First Steps website and 23K active users of our www.infantmilkinfo.org website lan 18% increase on 20241. We answered 81 queries from health workers and parents. Our collaborative research on formula preparation was recognised for an i mpact award. We delivered 20 trainings I lectures I webinars / presentations to an esti mated 4K health workers, other professionals and parents. We had 29.8K followers on social media la 25% increase on 20241 and 3.8K newsletter subscribers (an 8% increase on 20241. The value of our practical work is exemplified by these quotes from health workers. early years professionals and parents..
First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 Health workers: 'Many thanks forproviding these valuable IEating Wellj re50urce5. 1 always recommend your 51te to my '5rarting solid5' workshop parricipants and really appreciate having a rrusred informarion source for the families I support- "Your social media posts are so helpful in raising awareness of important feeding topics for parents and health care professionals" "l use these resources in clinic bvith low-income families - thank youl" This IEaring Well resource] will help me to support families I work with thar are seeking asylum in rhe UK and have no recourse ro public funds" -1 ab501utely love your resources and have done since I was student almost 15 years ago - thank you so muchl- 'The training was fabulous. very informative. I learnt some new things to do with introducing solids" "l use your infanr milk info site ro educare sraff ro empowerparenrs with informed feeding info" '1 constantly refer to infant milk info for up-to-date information and include it in all training and updates for staff who support families in our communities with infant feeding" 'The webinar on infant milk info was so helpful as we onlyget training in brea5tfeeding in the tru5t- Early years professionals These [Eating We//J resources will be so helpful. We are a charity-run nursery and support some of the mosr vulnerable children in our area" 'Eating Well.. packed lunches 15 an excellent resource. We encourage setting5 to share these ideas with families, and some settings create display boards and add these recipes- Parents Thank you for creating a free healthy eating PDF for families who need inspiration to change unhealthy eating habits. "l used rhe infants recipe book. and it gave me some great ideas. lirrle one is starring preschool nexr year and rhoughr of a variery ofpacked lunches wa5 a bir daunring. This will be a huge help. Ihank youl"
First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 Public Benefit The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's objectives and activities and in planning future activities. It is the judgement of the Trustees that activities in pur5UIt of the above objectives fully meet the public benefit test, which they have kept in mind in planning programmes for the charity. Fundlng We are extremely grateful to our funders for their support. We remain committed to only accepting funding which is free from conf lict of interest with the baby food industry, so as to remain entirely independent. This reporting year, we continued to diversify our income streams, benefitting from another 2 new donors and increasing our income from consultancies and subscriptions. This is helping to increase our financial resilience and to ensure long-term sustainability. STRucfuRE. GOVERNANCE AND MANAGEMENT Organlsatlonal structure During the reporting year, the charity had an Executive Director, two Senior Nutritionists {one on maternity leave) and an Administrator as permanent employees. Our Executive Director increased her hours to full time during the reporting year to meet the needs of the organisation, while other staff remained on part time hours. We hired a Nutrition Off icer on a full time, fixed term contract to cover some of the duties of our staff member on maternity leave. Her contract ended in December 202 5. With the start of a new substantial two-year grant in February 2026, we recruited a Nutritionist on a l -year fixed term contract. Governlng document The organisation was f irst set up on l August 201 l under a governing document. It subsequently applied for, and was granted. charitable status as from 8 March 2012. The charity is controlled by its governing docu ment, being a trust deed dated 8 March 2012. The governing document was reviewed and updated in July 2023 and again in November 2024 due to changes in the Board. It constitutes an unincorporated charity (charity nu mber 1146408). Recruitment and appointment of new trustees A minimum of three trustee5 is required to govern the charity. Under the term5 of the updated governing document. trustees are appointed for an initial period of three years and can be considered for re-election for additional three-year periods thereafter. In selecting individuals for appointment as trustees. the trustees have regard to the skills, knowledge and experience needed
First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 for the effective administration of the charity. Trustees meet at least three times a year. Trustees can be removed from office if they are absent for all meetings over a period of a year, and can resign during a term of office, notifying the Chair in writing. In July 2024, we recruited one new Trustee through a targeted recruitment. In January 202 5, one Trustee stood down to manage a potential conflict of interest with her changing employment. The Trustees met four time5 in the reporting year. Management Decisions on strategy and budget are made by the trustees during their quarterly meetings. The trustees delegate the day-to-day running of the charity to the Executive Director, who manages and directs the staff of the charity. Trustees review and approve monthly progress reports on activities and spend in support of the charity's objectives and annual workplan and budget, as prepared by the Executive Director. In February 2026, we appointed an external accountancy firm to provide routine financial support and oversight and advice to the Executive Director and Trustees. Flnanclal Revlew The total income for the year was £2 22,01 O, comprising £191 .209 of unrestricted income and £30,801 of restricted income. compared to total income of £2 39.047 in the previous year. Total expenditure for the year was £198,683, comprisi ng £187,700 of unrestricted expenditure and £10,983 of restricted expenditure, compared to £198,3 32 in the previous year. This shows the ongoing success of our f undraising in the second year of active fundraising activity, as well as the effectiveness of the cost-saving measures we took in the face of a reduction in core income in 2024. The charity therefore recorded a net movement in funds of £23,327 for the year. Total funds carried forward at 31 July 2025 amounted to £151,962. including £20,218 of restricted funds and £131 ,744 of u nre5tricted funds. Reserves pollcy The Trustees maintain minimum reserves of £47,000 to pay two months salaries, three month's rent. accountancy fees in the event of the charity ceasing operation and a sum in the case of redundancies. The Trustees are satisf led that the current level of reserves is sufficient. Future Plans Our work continue5 to be guided by our organisational theory of change (available in our 202 5 impact report at www.fir5tstepsnutrition.orgl. The focus of the charity's work remains the same in 202 512026. Our goal is for all children in the UK to eat well from the start of life (preconception to
First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 age five), towards positively impacting on the high national levels of obesityloverweight and dental decay. We do this through dual objectives.. l . To create a policy environment which better enables eating well in the early years. and 2. To contribute to better dietary habits and feeding practices in the early years in line with public health recommendations. We work towards 6 pol icy outcomes while at the same time creating, updating and disseminating expert. conflict-of-interest free. practical resources for health workers, early years professionals and parentslcarers. to support eating well. In 202512026. to maximise our impact. we are focusing on 2 policy outcomes.. stronger formula milk regulations and stronger baby food regulations. We are also focusing on organisational development and management in 2026, outsourcing our financial management, building our board and investing in our team to enable future growth. A top priority remains seeking sustainable funding to Secure the future of the charity. We are making progress on our first project towards this priority, which we hope will be realised and made public by the end of 2026. We have also started work on developing paid-for training. We remain optimistic that our ongoing, unique work will help us realise our goal.. a future where all UK children can eat well from the start of life.
First Steps Nutrition Trust Trustees. Report for the year ended 31 July 2025 Statement Of Trustees. Responsibilities The trustees are responsible for preparing the Trustees, Annual Report and the f inancial statements in accordance with applicable law and United Kingdom Accounting Standard5 Iunited Kingdom Generally Accepted Accounting Practice). In preparing these f inancial statement5, the trustees are required to= al select suitable accounting policies and apply them consistently., bl observe the methods and principles in the Charities SORP., c} make judgements and accounting estimates that are reasonable and prudent., dl state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the f inancial statements., el prepare the financial statements on the going concern basis unless it is i nappropriate to presu me that the Trust will continue in operation. The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the Trust's transactions and disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with the Charities Act 201 I , the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Trust and hence for taking rea50nable 5tep5 for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees on 1910512026 and signed on their behalf by.. Signed_h6 Name RotLP2ici¥&__ (Trustee}
Independent Examiner's Report to the Trustees of First Steps Nutrition Trust I report on rhe financial statements of the Trust for rhe year ended 31 July 202 5 as set out on pages I I ro Responslbllltles and basls of reporr As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act'l. I report in respect of my examinarion of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charitv Commission under section 1451511bl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in ionnection with the examination giving me cause to believe that in any material respect.. accounting records were not kepr in respect of rhe charity as required by section 130 of the Act., or the account5 do not accord with those records., or the account5 do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounrs and Reporrsl Regularions 2008 other than any requirement rhat rhe accounts give a 'true and fair view, which is not a marter considered as part of an independent examination I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Shruti Soni FCCA FCIE Shruti Soni Ltd • Chartered Cerrified Accountants 117A St. John's Hill, Sevenoaks TNI 3 3PE Date.. 19 May 2026 10
First Steps Nutrition Trust Statement of financial activities For the ar ended 31 Jul 2025 2025 Total Unrestricted Restricted 2024 Total Unrestricted Restricted Note Income from- Donations and grants Charitable activitie5 Contract Income Sale of resource material Investments Other 149,837 30.801 180.638 202,500 202,500 25,028 14,944 641 759 25.028 14.944 641 759 36, 547 36,547 Total income 191.209 30,801 222.010 239,047 239,047 Expenditure on.. Adverrising & Marketing Consultancy Depreciation Donations EditlDe5ignlPriNt Freelencers Independent examiner'5 fee IT Costs Office Rent & Rates Staff cost Subscriptions SuNdrie5 TravÈl 2,553 2,931 255 2.553 2.931 255 3,859 3,336 204 1,500 11,808 707 1,980 3,025 14,983 152,289 1,636 1,004 2,001 3,859 3,336 204 1,500 11,808 707 1,980 3,025 14,983 152,289 1,636 1,004 2,001 11,420 11.420 1,630 3,769 8,335 149,640 2,546 2,348 2,273 1.630 3,769 8.335 160.623 2.546 2.348 2.273 10,983 Total expenditure 187,700 10.983 198,683 198,332 198,332 Net incomellexpenditurel for rhe year 3.509 19.818 23.327 40,715 40,715 Net movement in funds 3,509 19,818 23.327 40,715 40,715 Reconciliation of funds- Total funds brought forward 128,235 400 128,635 87,520 400 87,920 Total funds carried forward 131,744 20,218 151.962 128,235 400 128,635 All of rhe above results are derived from continuing acrivitie5. There were no other recognised gains or105ses other rhan rhose stated above. Movements in funds are disclosed in Noie I I to the financial sratements. 11
First Steps Nutrition Trust Balance sheet Asat31 UI 2025 2025 2024 Note Fixed assets- Tangible assets 769 Current assets: Debtors Cash at bank and in hand 6.500 146.293 18,557 127,289 152,793 145,846 Liabilities- Creditors.. amount5 falling due within one year 2,002 17,980 Net current assets 150,791 127.866 Total net assets 151.962 128,63 5 The funds of the charity: Restricted income funds Unrestricted income funds.. General funds 20.218 400 131,744 128.235 Total unrestricted funds 131,744 128.235 Total charlty funds 151,962 128.63 5 The financial statements were approved and authorised for issue by the Board on 1_9th_ma 2026. Signed on behalf of the board of trustees Signature Rob Percival Name Trustee 12
Flrst Steps Nutrltlon Trust Notes to the flnanclal statements For the ar ended 31 UI 2025 l Accountlng pollcles a) Basls of preparatlon The financial sratement5 have been prepared in accordance wirh Accounting and Reporring by Charities. Statement of Recommended Practlce applicable to charltles preparing thelr accounts In accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191 ICharitSes SORP FR5 102 1 Al, the Financial Reportlng Standard applicable in rhe UK and Republic of Ireland IFRS 1021, the Charitie5 Act 201 l and UK GAAP. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. The financial sratements have been prepared to give a 'true and fair. view and have deparred from the Charities (Aciounts and Reports) RegulatlOn5 2008 only to the extent required to provide a 'true and fair view,. This departure has involved following rhe Accounting and Reporting by Charities.. Staremenr of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporiing Siandard applicable in the UK and Republic of Ireland IFRS 1021 leffeciive l January 20191 (Charities SORP FR5 102 1 Al rather than the Accounting and Reporting by Charities." Statement of Recommended Practice effecrive from l April 2005 which has since been withdrawn. bl TrblIc benefit entlty The Trust meet5 the definition of a public benefit entiry under FRS 102. c) Golng concern The trustee5 consider that there are no rnaterial uncerraintie5 about the Trust's ability to continue as a going concern. Key judgement5 that the Trust ha5 made which have a Significant effect on the account5 include e5tirnating accrued income for gift aid claim. The trustees do not consider that there are any 50urce5 of estimation uncertainty at the reporting date that have a sSgnlficant risk of causSng a materSal adjustment ro the carrylng amounts of assets and Ilabilltles wlthln the next reporting period. dl Income Income is recognised when the charity has entitlement to the funds. any performance conditions attached to the income have been met, it is probable thar the income will be received and rhat the amount can be measured reliably. Income frorn governrnent and other grants, whether'capital, grant5 or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions artached ro the grants have been met. it 15 probable that the income will be received and the arnount can be rnea5ured reliably and 15 not deferred. el Fund accountlng Restricted funds are io be used for specific purpose5 as laid down by the donor. Expendirure which meer5 these crlterla Is charged to the fund. Unrestrlcted funds are donatlons and other incomSng resources recelved or generated for the charirable purposes. Designated funds are unrestricted funds earmarked by the trustees for particular purposes. f) Expendlture and Irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. it Is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure Is classified by nature. Irrecoverable VAT is charged as a c05t against the activity for which the expenditure wa5 incurred. 13
Flrst Steps Nutrltlon Trust Notes to the flnanclal statements For the ar ended 31 UI 2025 gl Tanglble flxed as5ers liems of equipmenr are capita115ed where rhe purchase price exceeds £250. Depreciation cosrs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairmenr if circumstances indicate Iheir carrying value may exceed their net realisable value and value in use. Where fixed assets have been revalued, any exces5 bemeen the revalued amount and the historic cost of the asset wlll be shown as a revaluation reserve In rhe balance sheet. Depreciarion is provided at rates calculated to write down rhe cost of each asset to its estimared residual value over Its expected useful Ilfe. The depreciatSon rates in use are as follows.. Computer equiprnent 20% on cost h) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepaymenis are valued ai the amount prepaid nei of any rrade discounis due. 11 Cash at bank and In hand Cash ar bank and cash in hand includes cash and shori term highly liquid invesimenrs with a shorr maruriry of three months or less from the date of acquisition or opening of the dep051t or similar account. Cash balances exclude any funds held on behalf of service users. J) Credltors and provlslons Creditors and provi5ion5 are recognised where ihe charity has a preseni obligation resulting from a pasi event that will probably result in the transfer of funds to a thlrd parry and the amount due to settle the obligaiion can be measured or esiimated reliably. Creditor5 and provislons are normally recognised ai their settlement amount after allowing for any trade discounts due. 14
Flr5t Steps Nutrltlon Trust Notes to the flnanclal statements For the ear ended 31 UI 2025 2 Staff cost5 and cost of key management personnel Staff costs were as follows". 2025 2024 Salaries and wages Social security costs Employer's contribution to defined contribution pension schemes 143,166 9,149 8.308 137.113 8.497 6.679 160,623 152.289 No employee earned more than £60,000 during rhe year. 3 Staff numbers The average number of employees (head count based on number of staff employed) during the year was as follows.. 2025 No. 2024 No. Charitable activities 4 Related party transactlons There are no donations from related parties which are outside the normal course of business and no restriited donations from related partie5. Key management personnel are the Trustee5 of the charity and the Executive Director. During the year. the Trust reimbursed three Trusrees for their travel and meering expenses, at a total of Nil 12024. £2251. 5 Taxatlon The Trust is exempt from corporation tax as all irs income is charirable and is applied for charitable purposes.
Flr5t Steps Nutrltlon Trust Notes to the flnanclal statements For the ear ended 31 UI 2025 6 Tangible fixed assets Computer equipment Total 2025 Total 2024 Cost or valuation Ai the stari of the year Additions in year 1,218 657 1.218 657 1.218 At the end of the year 1,875 1,875 1.218 Depreclatlon At the start of the year Charge for the year 449 255 449 255 245 204 At the end of the year Net book value At the end of the year 704 704 449 1,171 769 7 Debtor5 2025 2024 Trade debtors Accrued income Other debtors 6,500 16.000 2,557 6.500 18.557 8 Creditors= amounts falling due within one year 2025 2024 Accruals Deferred income 2.002 1,980 16.000 2,002 17.980 9 Deferred Income Deferred income comprises membership fees invoiced or received during rhe year that relate to 2025 2024 Balance at the beginning of the year Amount released to income in the year Amount deferred in the year 16,000 (16.0001 16.000 Balance at the end of the year 16.000 16
Flr5t Steps Nutrltlon Trust Notes to the flnanclal statements For the ear ended 31 UI 2025 l O Analysis of net assets between funds 2025 General Restricred unrestricted fund Total funds Tangible fixed a55ets Net current assets 1.171 150.791 130,573 20,218 Net assets at the end of the year 131,744 20,218 151.962 I l Movements In fund5 Atl Incoming Outgoing August resources & resources & 2024 gains losses At 31 July 2025 Transfer5 Restrlaed funds.. Kingsion Essay Award Marcia Brady Tucker Foundatio Impact on Urban Health 400 400 10.484 9.334 14,800 16,000 14,3161 16.6661 Total restricted fund5 400 30,800 110,9821 20.218 Unrestrlcted funds: General funds 128,235 191.209 1187.7001 131.744 Total unrestrlaed funds 128,235 191.209 1187.7001 131.744 Total funds 128,635 222.009 1198,6821 151.962 Atl Incoming Outgoing August resources & resources & 2023 gains losse5 At 31 July 2024 TraN5fer5 Restrlcred funds.. Kingston Essay Award 400 400 Total restrlcred funds 400 400 Unrestricted funds- General funds 87,520 239,047 1198,3321 128.235 Total unrestrlaed funds 87,520 239.047 1198,3321 128.235 Total funds 87,920 239,047 1198,3321 128.635 17
Flr5t Steps Nutrltlon Trust Notes to the flnanclal statements For the ear ended 31 UI 2025 Purposes of restricted funds Marcia Brady Tucker Foundation to support breastfeeding advocacy by First Steps Nutrition Trust Impact on Urban Healih - to suppori the Baby Feeding Law Group, an alliance of 38 member organisarions, who advocate for government and policy makers to take action ro prevent inappropriate marketing of infant formula, based on the Competition Market Analysis ICMAI'S interim report recommendations. 18