Charity règistration number NIC100644
Company registration number N1041705 INorthem Irelandl
LIFESTART FOUNDATION LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR ThEYEAR ENDED 31 MARCH 2022

LIFESTART FOUNDATION LIMITED
CONTENTS
Page
Charity Infomiation
Twslees, report
Independent examinerfs report
Statement of finanaal actwities
Balance sheet
Notes to tho finanaal statements

LIFESTART FOUNDATION LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustses
Patrick Durkan (Chairperson)
Ursula Birthistle
Maire McReynolds
Mary McGowan
Mairead Vvrynn
Secretary
John O'callaghan
Charity numbèr
NIC100644
Company number
N1041705
Registered office
2 Spr1ng￿wth House
Ballinska Road
Spnnglown Industrial Estate
Dery~Londonderry
BT48 OGG
Independent examiner
Moore INI) LLP
21123 Clarendon Street
DerrylLondondèrry
BT48 7EP
Bankers
Bank of Ireland
27 Culmore Road
Londondèrry
BT48 8JB
Solicitors
Walter Hegarty Solicitor
4 Quèen Slreet
Derry-Londonderry
BT48 7EF

LIFESTART FOUNDATION LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2022
The Trustees present their annual report and financial statements for thè year ended 31 March 2022.
The financial staternenls have been prepared in 8ccordance with the aeeounling policies set out in note 1 to the
financial statements and comply with the charty's Igoverning documenti. the Companies Act 2006 and
"Accoullting and Reporting by Charities.. Staternent of Recornmended Practice applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021" (effective 1 January 20191.
Objectives and activities
The purpose of the company is lo produce better child development outcomes by making available to parents
Èvidence-based knowledge and information on how young Children develop and learn and supporting parents in
the use of this information in their parenting practicè. The purpose is implemented through the delivery of the
Growing Child, an evidence-base child development prograrnme speafically designed for parents delivered
through a home visiting seNce and other grouTrbased parenting programmes derived from the Growing Child.
ThÉ Board of the Lifestart Foundation in co112bor3tion with Foundation staff rewew the organisation's aims,
objectives and actiwties ea¢h year to ensure that thèy rem8in focused on our slated purposes.
Our main objectives over the year have been to".
continue to implement our mission to improve child outcomes by edueating and 5UPPOrting parents in
their parenting role
support other organisations throughout the island of Ireland and elsewhere to deliver the Lifestart
Growing Child Progratnrne and Home Visiting Serviee
continue lo train and quality assure Lifestart delivery staff wherever they are working lo ensure that
parents a￿ayS receive a top qualily Lifestart service
work lo extend the direct delivery of Lifestart services in Northern Ireland and work wlh e￿stIng and new
franchi5e5 to expand service delivery in Northem Ireland and in other regions
deliver on Servi￿ and tender contracts we hold with Northern Ireland Health and Social Care Trusts
complete the Shaping Ourselves and Our Children ISOOCI project and publicise project outcomes and
impacts
develop and deliver a speGific prograrnme response designed to meet the needs of parents and Chi￿dren
ffe¢ted by the Cowd-19 pandemic and its aftermath
work lo ensure the sustainability and resilience of the Lifestart Foundation into the future by acquiring
the resources to develop and implement an organisational Succession Plan
plan for a review and upcjète of Ihe Growing Child Programme
work with other organisations to prornote the important role of home visiting and home-base parenting
support to improving outcomes for Children
Continue to 51rive lo positively influence public policy in the interests of children and their families
Who uses and benefits frorn the servicé
of the Chari
International research dearly demonslrales that good at-home parenting and a good home learning enmronment
8re ￿ntral to ensuring good outcomes for children and that Cotllpromised parenting. whatever its cause, is 8 very
serious child development risk factor. We in the Lifeslart Foundation aim to provide parents of young children
th high quality well-researched and Upl￿date support relevant and appropriate to their neèds as their Children
grow and develop. The beneficiaries of our work are parents and thildren, particularfy the more vulnerable and.
through them. the wider community and society. In this respect, the purpose of the Lifestart charity fulfils the
requiremènts of the Charities Cornmi55ion.
The Tmslees have paid due regard lo guidanee issued by the Charity Commission for Northem Ireland in
deciding what activities the charity should undertake_

LIFESTART FOUNDATION LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Achievements and perfomianGe
In spite of the pandernic the Lrfestart Foundation and its Social Franchise Partners continued to support more
than 4,000 p8ren15 and their children throughout the course of the year. Vvhile the home visiting service
continued to be affected by the aftermath of the Covid-19 pandemic the Lifestart Foundation re-established the
home visiting ser4Ace as soon as it was deemed safe to do so and services have now retumed to r)ear normal.
The Foundation has been able to continue to fully meet its contractual obligations tts the Western Health and
Social Care Trust and to the South-eastem HeaKh and Social Care Trust, reporting to the Trusts monthly on our
work wff(h families on the Ards peninsula and in Newtownards, County Down and in Counties DerrylLondonderry,
Fermanagh and Tyrone. Throughout the year we wntinued to receive referrals to the se￿iCe in the WHSCT area
relating to highly vulnerable families either on the Ghild Protection Registèr or on the edge of children protection.
Through a tender with the EU funded Cross-border MACE Project we havè also this year been delivering the
Growing Child programme and home visiting ser￿￿ to parents of children at risk of adverse childhood
experiences (ACES) ill both the Westem and thè Southern Health and Social Care Trust areas. The Foundation's
Family Visitors have been involved over the year in a number of case conferencEs which have had very pO$￿'Ve
results for both parènts and children.
As well as individual support provided through the horne visiting service, we ￿ntInued to deliver the SOOC
programrlle until October 2021. An interim report on this highly Su￿sSfUl project W3s prepared and presented at
a wnference, attended by key stake holders, family support practitioners and health and social care
professionals, held in the City of Derry-Londonderry in September 2021. A full èvaluation report on the project
W3s completed in NovembeT 2021 and disseminated among all relevant networks in Ireland and Nl and Children
and Young People Now ICYPNI, the professional publication for the children's sector in the UK conducted 3 G3se
study of the SOOC programme disseminating information on the project and it5 OLrtcomes throuohout thè rest of
the UK. In all,. 1,948 parènts and more than 3,000 children benefited as 3 result of the SOOC progr8mmè over
the duration of the proje¢t. We look forward lo the launch of the EU Peacè Plus fund to which we plan to submit
an application to advance and further develop thè very positive work begun on the SOOC project.
Very many families have eontinued lo experience 3dditional problems as a result of the Covid health crisis
impacting, in particular, on Children's soa21 and emotional development and communication skills. In the course
of the year the Foundation acquired funding from the RTE Toy Show Fund, managed in Northern Ireland by the
Community Foundation to develop a post-pandemic group-based pa￿ntifi9 programme, the 'Smile Baby Project,
which we will be delivering until December 2022. To date we have delivered 13 Smile Baby Programrnes,
involfflng a total of 52 sessions delivered to 122 parents and 139 children. Five programmes were delivered in
County Derry-Londonderry, four in Tyrone, two in Down, one in Antrim and one in Fermanagh. We h3ve eleven
more programmes scheduled over thè coming weeks. Parent and children's organisations and cornmunity
groups have been slowly opening up again after the Covid crisis so we have had to work hard lo get
organisations to host programmes. Many have only recently begun to bring parents and childrèn back into
prerllises and to offer fa￿-tO-faCe programrnes and servi¢es. But the need for group-based parenting support is
clearfy there and 15 increasing givèn post-covid inflationary conditions. Psrenls have really appre¢iated the
opportunity to meet in groups, to articulate and discuss their Issues and ¢oncems, to learn rnore about child
development and lo gain advice and support. Feedb8¢k on the programme is excellent and demand among
parents is high.
The report of the evaluation of the very successful 5 year partnership project betsveen Lifestart and Tinylrfe
finystart
conducted by Queens University was launched in September 2021 and as a ￿sU[l of this
collaborative project Tinylife, a Nl based charity speaalising in supporting the families of pre-term children, took
out a Lifestart franchise agreement. Springboard Navan, an Ireland based family support organi58tion also this
year took up a Lifestart franchise. We trained and èquipped Tinylrfe staff in Julle 2021 and Springboard staff in
Septemberlootober 2021. Both organisalions are now delivering the Lifestart programme and service.

LIFESTART FOUNDATION LIMITED
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Lifestart staff members continue to be actively involved in strategic networks and systems al Local, Regional,
National, Eumpean and international levels, and continue to participate in and prèsent at national and
inlemational COnferen￿S on thè role of Lifestart in supporting parents and improwng child outcomes. This year
we were represented at number of relevant on-line events. The Lifest3rt Foundation and its partners continue to
act to influence policy on children and families in Ireland, the UK and Europe. We remain an active member of
Eurochild, The CRNINI (Children's Research Network Ireland and Nll, the Prevention and Early Intervention
Nettvork {PEINI. the Early Intervention Foundation. The Early Years Advisory Group. the Parenting Network,
Children's Rights Allianeè, Early Childhood Ireland and the Trauma Informed Cross Border Network. As a
founding member of the Horne Visiting Alliance, we worked with partners in the Alliance this year to run a series
of information and training webinars for Alliance member staff and key public sector and other stakeholders and
we are collaborating with other mernber organisalions to a￿UIre the resources to continue lo promote home
siting as a key childrèn and family service and lo provide addition81 training opportunities for our staff.
We have revised and updated our strategic plan and we are working on a Succession Plan 3imed at ensuring
that thÈ Lifestart Foundation has the leadership and governan￿ structure that will sustain and develop the
organisation into the future.
Financial review
Total income for the year was £328,035. of which £267.652 was generated from charitable actiirities, £1 9.577
from donations and legacies and £15.564 from other trading acti14ties. The charity also received £25.242 in
respect of gift aid payments from Lifèstsrt Resources, a trading subsidiary of the charity. Total expenditure by the
charity was £276,871. £266,073 of this was incurred undertaking activitles that further our charitable aims for the
benefit of our beneficiaries. Other costs incurred arnounted to £10.798. Other losses in the amount of £2,937
represent foreign exchange losses on translation of Euro bank balances lo the presentational currency Pounds
Steding. The charity also reeorded net transfers between funds in the year lotalling £17,297 from restricted funds
to unrestricted funds in respéct of adrninistration charges for delivery of funded services_ The balance on total
funds at the year-end was £200.629, of which £79.135 were unrestrided. £58,555 were designated and £62,939
were restricted.
Reserves Policy
The Trustees consider it prudent lo hold monies in reserve in the event that unforeseen Circumstan￿S should
lead to financial dttriculties which might put the futu￿ of ils employmÈnt capacity, general charitable work and
propety in jeopardy.
The Twstees have examined the charty's requirements for reserves in light of the main risks to the organisation
and established a formal policy which stipulates that free reserves be maintained at a level whi¢h ensures that
the charitys core activity Could continue during a penod of unforeseen difficulty. Free reserves are defined by the
Tnjstees as Un￿StriCted income funds freely available for use as the charity so determines and thereby excludes
any funds committed, invested in tangible fixed assets held by the charity and restricted or designated funds.
Tre Trustee5' policy is that unrestricted funds which have not been designated for 8 specific use should be
maintained at a level equivalent to between three and six month's expenditure. The Trustees considers that
reserves al this level will ensure that, in the èvent of a signifir2nl drop in funding, they will be able to continue the
tharity's current artivities while consideration is given to ways in which additional funds may be raised. Based on
2021122 expenditure lexduding depreciation) of £274,428 the target level of reserves is £68,600 to £137,000.
Free reserves as at 31st March 2022 are £83,023. The Trustees continue to strivè to build ancl maintain a
general level of reserves in accordance with the upper level of the target so that they wll be able to continue the
current activities of the charity.

LIFESTART FOUNDATION LIMITED
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) {CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2022
Plans for the future
Our kÉy priorities in thè Corning year are to..
review our govemance structurè and draw up a Governance Plan
draw up 2 Leadership Succession Plan
review and update the Growing Child progr8mme in accordance with the latest research in child
development and parenting
review 2nd refresh the Lifestsrt brand building on ils reputation fortrust and credibility
review and update the Foundation's web5rf(e and soaal rnedia presence to protnote better
communications and brand awareness
draw up and submit a successful Peace Plus appSicalion for the extension of the SOOC1 programme
throughout Nl and the Border Counties and the developrllent and implementstion of SOOC2 programme
Structtjre, govemance and managèment
Goveming document
Lifestart Foundation Limited is a company limited by guarantee and a¢￿pted as charttable by HMRC under
referencè XR 47557. The company was incorporated on 8th October 2001. The company WÈS estsblished under
Memorandum of Association which established the objects and power5 of the company, and is governed by its
Articles of Association. The liability of members is limited in that every member of the company undertakes to
contribute an amount not excèeding £1 in the event of the company being wound up.
The Trustees, who a￿ also the directors for the purpose of company law, and who served during the year and up
to the dale of signature of the finanaal stalÈments were..
Patrick Dutk3n {Chairpersonl
Ursula Birthistle
Maire McReynolds
Mary McGowan
Mairead Wrynn
Recruitmènt and appointment of the TNstees
Under the requirements of th8 Memorandum and Articles of Association unless otherwise determined by the
company in General Meeting th8 number of Tnjstees shall not be less than four. Trustèès ale elected to serve
only until the nextAnnual General Meeting at which they shall then b8 eligible for re-election.
In the financial year there were no changes to the Board of Trustees. The Board as a whole was approved by the
AGM and continues to Monitor its membership.
Risk Management
The Trustees are aware of the rnajor risks lo which the charity is exposed. Imiere appropri3t8, syslerns or
procedures have been established to mitigate the risks thè ¢harity faces. Intemal control risks are minimised
through the procedures for authorisalion of all transactions and projects. Procedures are in place lo ensure
compliance with applicable laws and regulations. These procedures are rewewed periodically to ensure that they
continue to meet the needs of the charity.
Organisabon Structure
The Board of Trustees consists of five membèrs who administer the charity. The Trustees are responsible for the
strategic direction and policy of the organisalion. The Trustees are from a variety of professional ba¢kgrounds
relevant to the work of the tharity.
All members of the Board of Trustees give their time voluntarity and receive no beneffts from the charity. Any
expense5 redaimed from the charity are sel out in the notes to the financial statements.
A scheme of delegats.on is in pla￿ and responsibilty for the pro￿s1On of seTrices rests wth the Foundation's
Executive Director, who is responsible forthe ¢Jay to day operational management of the charity.

LIFESTART FOUNDATION LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Statsmènt of Trustees. responsibilities
The Trustees. who are also the director5 of Lifestart Foundation Limited for the purpose of company law, are
responsible for preparing the Trustees. Report and the financial slalements in accordance with applicable law
and United Trfj"ngdom Accounting StandÈrds (United Kingdom Generally Accepted Accounting Praoticel.
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, induding
the income and expenditure, of the charitable company for that year.
In preparing these financial staternents, IhÈ Trustees are required to..
select suitable a￿￿UntIng policies and then apply them consistently.,
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and pmdenl.,
state whether applicablè UK Accounting Stan¢J2rds have been followed, subject to any rnaterial departures
disclosed and explained in the financial statements., and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
charity wll continue in opèration.
The Trustees are responsible for keeping 3dequate accounting records that disdose with ￿3$Onable accuracy at
any time the financial posrtion of the charty and enable thern lo ensure that the financial statements comply with
the Companies Act 2006. They are also osponsible for s3feguarding the assets of the charity and hen￿ for
taking ￿3$Onable steps forthe prevention and detection of fraud and other irregularities.
Thè Trustees, report was approved by the Board of Trustees.
Patrick Durkan (Chairpe￿onI
Trustè
Dated..

LIFESTART FOUNDATION LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LIFESTART FOUNDATION LIMITED
We report on the accounts of thè charity for the year ended 31 March 2022, which are set out on pages 8 to 26.
Respective r•sponsibilitles of TNsteès and examlnèr
The trustèes, who are also the direotors of Lifestart Foundation ￿Mited for the purposes of company law, are
responsible for the preparation of the accounts in accordance wth the requirements of the Companies Act 2006.
Having satisfied ourselves that the charity is not subject to audit under ￿MpanY law, and is eligible for
independent examination, it is our responsibility to".
examine the accounts urlder section 65 of the Charities Act
lill follow the pmcedures laid down in the general directions given by the Charity Comrnission for Northem
Ireland under section $519llbl of the Charities Aot
liiil staté whether particular matters have come to our attention.
Basis of independent examinerfs report
We have examined your charty accounts as required under section 65 of the Charities Act and our examination
was carried out in accord8nce with the general Directions given by the Charity Commission for Northem Ireland
under section 6519llbl of the Charities Act. The examination included a review of the 8ccounting records kept by
the charity and a comparison of the accounts presented with those rècords. It also in¢luded consideration of any
unusual items or disclosure5 in the ae¢ounts, and seèknng explanations from you as Charity trustees ¢onceming
any such rnatters.
Our role is to state whether any material matters have come lo our attention gi￿1ng us caLJse to believe..
1. That accounting records were not kept in awrdanTr with section 386 ofthe Companies Act 2006
2. That the aceounts do not accord with those accounting records
3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2008
and with the methods and principles of the Charities Statement of Recommended Practice applicable to chanties
prep3ring their accounts in accordan￿ with the Financial Reporting Standard 8pplicable in the UK and Republic
of Ireland
4. That there is further information needed for a proper understanding of the a¢counls to be reached.
Independent èxaminerfs ststement
We have completed our examination and have no concerns in respect of the matters111 to 141 listed above and,
in c(>nnection with following the Diredions of the Charity Commission for Northern Ireland, we have found no
matters that require drawing to your attention.
Moore {NII LLP
Chartered Accountants Ireland
21123 Clarendon Street
DerrylLondonderry
8T48 7EP
Dated. ..Él 111.2021

LIFESTART FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
Current financial year
Unrestricted Unrestricted Restricted
funds
funds
funds
generdl desrgnated
2022
2022
Totsl
Total
2022
2022
2021
Notes
Income and endowments from..
Donations and legacies
Charitable activbties
Investmènts
Other income
477
19,100
267,652
19,577
267,652
25,242
15,564
21,122
208.907
12.351
12,945
25,242
15,564
Total income
41.283
286,752
328,035
253,325
Ex
enditure on..
Raising funds
Charitable actimties
10,798
52,389
10.798
266,073
8.179
261,026
1.774
211.910
Total resources expended
63,187
1.774
211.910
276,871
269,205
Net loutgoingllincoming resourcès
before transfers
121,9041
11,7741
74,842
51.164
115,8801
Gros5 transfers be￿een funds
17.297
117,2971
Net (expendi￿re}llncQrne for the yearl
Net loutgoingllincoming resources
14,6071
11,7741
57,545
51,164
115,8801
Other recognised gains and losses
Other gains or losses
11
12,9371
12,9371
14,6661
Net movement in funds
17,5441
11,7741
57,545
48.227
120,5461
Fund balances al 1 April 2021
86,679
60.329
5,394
152,402
172,948
Fund balances at 31 March 2022
79.135
58,555
62,939
200,629
152,402
The statement of finanaal actiV￿(leS indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The ststement of fin8llcial activities also complies with the requirements for 8n income and expenditure account
under the Companies Act 2006.

LIFESTART FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES {CONTINUEDI
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
Prior financial year
Unrestrrcted UnrestrFCted Restricted
funds
funds
furtds
generdl designated
2021
2021
Total
2021
2021
Notes
Income and endowments frorn:
Donations and legacies
Charitable activities
Investments
Other income
1,506
19,616
206,907
21,122
206,907
12,351
12.945
12,351
12,945
Total incomè
26,802
226,523
253,325
Ex
enditure on:
Raising funds
Charitable activities
8,179
50,873
8,179
261.026
1,774
208,379
Total resources expended
59.052
1,774
208,379
269.205
Net loutgoingllincoming resources before
transfers
132,2501
11,7741
18,144
115,8801
Gross transfers be￿e&n funds
14.849
114,8491
Net lexpendtturellincome for the yearl
Net loutgoingllincorning resources
117,4011
11,7741
3.295
115,8801
Other re¢ognised gains and losses
Other gains or losses
11
14.6661
14.6661
Net movement in funds
22,0671
11,7741
3.29S
120,5461
Fund balances at 1 April 2020
108.746
62,103
2,099
172,948
Fund balan¢es at 31 March 2021
86.679
60.329
5,394
152.402
The statement of finanaal activities indudes all gains and losses rec4)gnised in the year.
All ineorne and expenditurè derive from continuing aCti￿7t1e$.
Thè statement of financial activities also complies the requirements for an income and expenditure account
under the Companies Act 2006.

LIFESTART FOUNDATION LIMITED
BALANCE SHEET
AS AT31 MARCH 2022
2022
2021
Notes
Fixed assets
Tangible assets
Investments
12
13
59,567
loo
62,010
100
59.667
62,110
Current assats
Debtors
Cash at b8nk and in hand
14
73,521
76,886
66,443
34,751
150.407
101,194
Credito￿. amounts falling due within
one year
18
19,4451
110,9021
Net current assets
140,962
90,292
Totsl assets less current liabilities
200,629
152,402
Income funds
Restricted funds
Unrestricted funds
Designated funds
General unrestricted funds
18
62,939
5,394
19
58.555
79,135
80,329
86.679
137.690
147,008
200,629
152,402
The company is entitled to the 8xemption from the audit requirement contsined in section 477 of the Companies Act
2006, for the year ended 31 March 2022.
The directors acknowledge their responsibilities for cDrnplying with the requirements of the Companies A¢t 2006
with resped to accounting records and the preparation of financial slalements.
The members have not required the company to obtain an audit of ils financAal statements for the year in quéstion
in accordance with section 476.
These financial statements have been prepared in accordance with the prowsions applicable to eompanies subject
to the small companies regime.
The financAal statements were approved by the Trustees on
Patrick Durkan Ichaitpersonl
Trustee
Ursula Birthistle
Truste•
Cornpany Registration No. N104170S
10-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accountirjg policies
Charity inforniation
Lilèstsrt Foundation Limited is È private company limited by gLJ8rantee incorporated in Northem Ireland. The
registered office is 2 Springrowth House, BalSinska Road, Springlown Industrial Estate. Dery-Londondery,
BT48 OGG.
1.1 Accounting convention
The f nanaal statements have bèen prepared in accordan￿ with the Companies 2006, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102,1 and the Charrfiies
SORP "Accounting and Reporting by Charities." Statement of Recommended Practice applicable to charities
preparing their accounts in Èccordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 1021" (Èffective 1 January 20191. The charity Is a Public Benefit Entity as defined by
FRS 102.
The charity has tsken advantage of the prowsions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statèments are prepared in sterfing, which is the fvnctional currency of the charty. Monetsry
amounts in these financial statements are rounded to the nearest £.
The accoLJnts have been prepared under the histori¢al cost convention. The principal accounting policies
adopted are set out below.
1.2 Going concem
At the time of approving the finanual slalements, the Tnjstees have a reasonable expectation.that the charty
has adequate resources to continue in operational exislèn¢e for the foreseeable future. Thus thè Trustees
ontinue to adopt the going concern basis of accounting in preparing the finanaal statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of thèir charitable
objectives.
Designated funds are Un￿st￿￿ted funds of the charity which the trustee5 have decicled at their discretion to
set aside to use for a specrfic purpose.
Reslricled funds are subject to specific conditions by donors as to how thèy may be used. The purposes and
Uses of the restri¢ted funds are sel out in the notes to the financial staternents.
1A Income
Income is recognised when the charty is legally entitled lo il after any performance condf(ions have been met,
the amounts C2n be measured ￿liablY. and il is probable that income will be received.
Cash donations are reo)gnised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the aNounl. Income tax recoverable in
relation lo donations received under Gift Aid or deeds of Covenant is recognis&d at the time of the donation.
Turnover from other trading activities is measured at the fair value of the consideration I￿5ved or receivabls
and represents amounts receivable for services provided in the normal course of business.
Dividends are awwed when the charity's right to receive payment is estsblished. In the case of a Gift Aid
payment made by a subsidiary, income is accrued when the Gift Aid payment is payable to the parent charity
under a legal obligation. Measurement is at the fair value receivable, which will normally be the transaction
value. INhere no such legal obligation exists, income is recognised on reGeipt.
11

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
(Continued)
1,5 Expenditure
Expenditure is recognised once there is a leg81 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.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Costs allocated to Taising funds represent salarie5 and wages of stsff providing administrative services to
Lifeslart franchisee5 and associated costs incurred in providing this servi￿.
Expèndrfcure on charitable actiwties indu(tes the costs of Se￿n￿S undertaken to further the purposes of the
charity and their associated support costs.
Support c￿stS are those function5 that assist the WOTt of the charity but do not directly undert8ke charitable
8Ctiwties. Support costs indude back office costs, finance, personnel, payroll and govemaneè costs which
support the charty's Pfogrammes activrties.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsèquently meaSU￿d at rost or valuation. nel of
depreciation and any impairrnent 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 basès=
Frèehold land and buildings
Fixtures tnd fittings
2°A p.2. straight line
25QA p.a. straight line
The gain or loss arising on the dispos31 of an asset is dètermined as the difference beMeen the sale prO￿edS
and the carying value of the asset, and is recognised in thè statement of finanGial activities.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs. and are
SLJbséquentW measured at fair value at each reporting dste. Changes in fair value are recognised in net
incomellexpenditurel for the year. Transaction costs are expensed as incurred_
A subsidiary is an entity oonlrolled by the charity. Control is the power to govern the financial and operating
poliaes of the entity so a5 to obtain benèfits from its actIv￿e5.
Payments by subsidizries to the charity that qualify for gift aid 8re recognised as distributions to owners. The
charity recognises gift aid payrnents on reeeipl unless the subsidiary has a legal obligation to distribute profits
lo ils owners al the reporting date.
1.8 Impairnient of fixed assèts
At each reporting end date, the charity reviews the carrying amounts of tts tangible assets to detemiine
whether there is any indication that those assets have suffèred an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order lo determine th& extent of the impairment
loss lif 8nyI.
1.9 Cash and cash equivalents
Cash and ￿sh eqLJivalents incjude ¢8sh in hand and bank overdrafts. Bank overdrafts are shown within
boFrowings in cxjrrent liabilities.
12

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
Icontinuedl
1.10 Fin3ncial instruments
The ch2rity has elected to apply the provisions of Section 11 'Basic Financial Instrutnents, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financi21 instruments are recognised in the charity's balance sheet whèn the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, wth the net amounts presented in the financial statements. when
there is a legally enfor￿able right to set off the Fèwgnised amounts and there is an intention to settle on a net
basis or to realise the asset and setue the liability simultaneously.
8asic financialassets
Basic financial assèts. which include debtors and eAsh and bank b318nces, are initially measured at
transaction price including transaction C￿StS and are subsequently ￿rrIed at amortised cost Lssing the effective
intèrest method unless the arrangement constitutes a finanang Iransaclion, where the transaction is
measured at the present value of the fvture receipts discounted at a rnarket rate of interest. Financial assets
¢lassified as receivable within one year are not amort15ed.
Basic financial liabilities
Basic financial liabilities. including creditors and bank loans are initially recognised al transaction price unless
the arrangement constilules a financing transaction, where the debt instrumént is rneasured at the present
value of the future paymènts discounted at 8 market rate of interest. Finanaal liabilities classified as payable
within one year are not amort15ed.
Debt instruments are subsequently carried at 2mortised cost, using the effective interèst rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as currènt liabilities if payment Is due within one
year or less. If not, they are presented as non-eutrent liabilrfLies. Trade creditors are reoognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
De￿cOgnItIon of finaneial liabilities
Fin3ncial liabilities are derecognised when the charty's contractual obligat40ns expire or are disd)arged or
¢8ncelled.
1.11 Taxation
The cornpany is a charity and is recognised as such by HM Revenue & Customs under the charity tax
reference XR 47557. As a result there is no liability to tsxation on any of its income.
1.12 Employee bènèfits
The cost of any unused holiday entidamenl is recognlsed in the period in which the employee's services are
received.
Terniination benefits are recognised immediately as an expense when the charity is demonstrably comrHitted
to tem)inate the employment of an employee or lo prowde termination benefits.
1.13 Retirement benefits
Payrnents to defined contribution retirement benefit s¢hernes are charged as an expense as they fall due.
13-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
CritEcal accounting estimates and judgements
In the application of the charity's accounting policAes. the Trustees ale required to rnake judgewenls,
estimates and 355umptions about the eatrying amoLJnt of asseis and liabilities that are not readily apparent
from other sourc*s. The estimates and 8s50Ql8ted assumptions are based on historical experien￿ and other
factors that arè ¢on5idered to be relevant. Actual results may differ from these estimates.
The estimates and underfying 85sumptions aTe reviewed on an ongoing basi5. Rewsions lo accounting
estimates are recognised in thè period in which the estimate is revised where the revision afferts only that
period, or in the period of the rèvision and future periods wherè the revision affects both current and fvture
pe￿0d5.
Donations and legacies
Unrestricted Restricted
funds
funds
generdl
2022
Total Unrestricted
funds
general
2021
Restricted
funds
Totsl
2022
2022
2021
2021
Donations and gifts
477
19,100
19.577
1,506
19,616
21,122
Donations and gifts
HMRC Coronavirns Job
Retention Scheme
Halifax Foundation
Sl James, Place
Ulster Bank Staff
The Belfast Cathedral Sit
Out
Esme Mitchell
Lrfestart Resources
Souter Charitable Trust
TheTBF and KL
Thompson Trust
WDH KMIIis
Other
17,116
17.118
5,000
5,000
2,500
2,500
2,000
2.000
1.425
1,425
2,500
2,SOO
5,000
2,500
2,500
s.000
1,000
500
600
1.000
500
1,077
477
81
81
477
19,100
19,577
1.506
19,816
21.122
14-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Charitable activities
2022
2021
Grant funding
267.652
206,907
Analysls of grant funding
Western Health & Social Care Trust
SEH&SCT (Sure StartArdsl
SEUPB- SOOC
RTEICommunity Foundation- Smile Baby project
71.372
18.079
124,715
53.486
70,518
19,132
117,257
267,652
206,907
Invesbnents
Unrestricted Unrestricted
funds
funds
general
general
2021
2022
Gift aid payrllent from subsidiary
25.242
12,351
Other income
Unrestrtcted Unrestricted
funds
funds
general
general
2022
2021
Provision of administrative seNces
Rental income
10,798
4,766
8,179
4,768
15,564
12.945
15-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Raisirtg funds
Unrestricted Un￿stricted
funds
funds
gèneral
gener31
2022
2021
Provision of administration seTvices
offi￿ costs
Staff costs
7.148
3,650
4.579
3,600
10,798
8,179
Costs allocated to raising funds represents salaries and wages of st8ff providing administr81ive services to
Lifestart franchisees associated costs incurred in prO￿dIng this service.
Charitable activiti85
2022
2021
Staff costs
Depreaation and irnpaimient
Confèrence and training costs
Rent and rates
Insuran
Heat, light and power
Repairs and m8lntenan
Printing, postage and stationery
Materials 2nd resources
Advertising
Telephone
Software support
Travel and subsistence
Legal and professional fees
Accountancy fees
Other charitable expenditure
191,305
2,443
14,576
4.500
4.099
6.678
1,110
2,447
9,055
1.366
4.664
5,866
7,270
7,160
1.560
1,974
216,176
2,499
3,215
4,283
2,904
6,618
947
2,899
3,408
488
2,429
2,889
3,419
3,240
1,188
266,073
261,026
Analysis by fund
Unrestricted funds- gener31
Unrestricted funds - design8ted
Restricted funds
52,389
1,774
211,910
50,873
1,774
208.379
266,073
261,026
18-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Trustses
None of the Trnstees lor any persons connected with them) received any remuneration during the ye8r12021-
two of them were reirnbursed travelling expenses totalling £441.
10 Employeès
The average monthly number of ernployees during the year was..
2022
Number
2021
Number
Employment costs
2022
2021
Wages and salaries
Social security costs
Other pension costs
177,745
14,780
2,430
200,192
16,746
2,838
194,955
219,776
There were no èmployees whose annual remuneration was more than £SO,000.
11 Other gains or losses
Unrestricted Unrèstricted
funds
funds
general
general
2022
2021
Foreign exchange gains
2.937
4,666
17-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
12 Tangible fixed as$ets
Freehold land Fixtures and
and buildings
fittings
Total
Cost
At l April 2021
88.718
63,756
152,474
At 31 March 2022
88,718
63,756
152.474
Depreciation and impairment
At 1 April 2021
Depreciation charged in the year
28.390
1,774
62.074
669
90,464
2,443
At 31 March 2022
30,164
62,743
92,907
Carying amount
At 31 March 2022
58.554
1,013
59,567
At 31 March 2021
60.328
1,682
62,010
Land and Buildings relate solely to property al 11A Flèx Street, Belfast, originally purchased by Lrfestart
Ardoyne Co. Ltd, partly fin3nced by the Big Lottery funding on 19112120J3. The property was subsequently
transferred to Lifestart Foundabon Limited on 2410812007 for nil consideration_ Li*estart Foundation Limited is
responsTble for the maintenance and upkeep of the property, with direct ownership and control maintained by
the Big Lottery Fund.
13 Fixed asset investments
Other
investmènts
Cost or valuation
Al 1 April 2021 & 31 March 2022
100
Carying amount
At 31 March 2022
100
At 31 March 2021
100
2022
2021
Other investments comprisè..
Notes
Investments in subsidiaries
24
100
100
18-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
14 Debtots
2022
2021
Amounts fallffing due within one year:
Amounts owed by subsidiary undertakings
Other debtors
1,937
71,584
3,582
62,861
73.521
66,443
15 Loan5 and overdrafts
2022
2021
ank overdrafts
7,045
7,662
P8yable within onè year
7,045
7,662
16 Crèditor5- amounts falling due WFthin one year
2022
2021
Notes
Bank overdrafts
Accruals
15
7,045
2,400
7,662
3,240
9.445
10.902
17 Retirement benefrt schemes
Defined contributton schemes
The operztes 3 defined contribution pension s¢herne for all qualifying employees. Tre assets of the
scheme are held separately from those of the charity in an independently administered fvnd.
Th8 charge to profrt or loss in respect of ¢Jefined eontThbution schemes was £2,43012021- £2.8381.
19-

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LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
19 Designated funds
The income funds of the ¢harity indude the following designated funds vthich have been Set aside out of
unrestricted funds by the trustees for specific purposes..
Balance at
l April 2020
Rtseurce5
expended
Balance at
1 April 2021
Res04Jrces
expended
Balance at
31 March
20¥
Designated property a￿ets fund
62,103
(1.T741
60.329
11.774
58,555
62,103
11,7741
60,329
11,7741
58,555
Designated funds represents thé property at 11A Flax Street, Belfast transferred to Lifestart Foundation
Limited in 2007 as disclosed wthin note 12. The designated funds b8lance is equiv31enl to the depreciated
historic cost of the property. A sum equivalent to the depreuation tharge on the building will be allocated each
year to the designated fund, until it is fully amortised.

tro cn
)0
<0 r
¢4
OVJ

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
21 Transfers betsyeen funds
During the year there were nel transfers between funds lotalling £17,297 12021.. £14,849) from restricted
funds released and transferred to unrestricted funds representing administration chargès for delivery of
funded services allowed by funders.
22 Financial commttments, guarantees and contingent liabilities
Certain grants received and receivable may become repayable lo the fundei if the charity is no longèr able to
meet the ￿nditionS under which they were awarded. Due to the nature of these contingencies it may not be
possible to quantify the potential financial effect or give an indiG3tion of the timing as to the liabilities that may
arise.
23 Related party transaction5
Remuneration of key m3nagement personnel
The remuneration of key management personnel is as follows.
2022
2021
Aggregate compensation
60,660
84.684
Transactions with related parties
The charity owns 1 OOQh of the issued share opital in LifÈ5tart Resour(*s Ltd. During the year, the charity
entered into the following transactions with Lrfestsrt ResourTrs Ltd..
Provision of rnanagemenl Se￿ICe$ arnounting to £10,798 12021.. £8,179). Of this amount, £1,937
remains outstanding at the year end12021'. £3,582),.
Gift aid payment from Lrfestart ReSoUr￿S in the amount of £25,24212021.. £12.3511'.
Other relatsd paty transactions
During the year the charity continued to rent office prernises at 8 cornmèrcial rate from Springrowth
Developments Limited. an entity under the control of Patrick Durkan, member of the board of Trustees.
Rentals of £5,700 were paid in the year12021.. £5,400). No 8mounts were outstanding at thè y6ar end.
-25-

LIFESTART FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
24 Subsidiartes
These finanaal statements are separate charity finanaal statements for Lifeslart Foundation Limited.
The gmup is qusltfies as a small group under the Companies A¢t 2006 and as such, the Trustees have
chosen to avail of the exèrnption from preparing consolidated accounts. Individual parent and subsidiary
company financial statements are prepared for èach financial year as rwuired by company law.
Details of the ch8rills subsidiaries at 31 Mart* 2022 a￿ as follows-.
Name of undertaking
Regrstered
office
Na￿re of business
Class of
shares held
% Held
Direct Indrrect
Lrfèstart Resources Limited Northern Ireland PTowsion of training, quality Ordinary
assuran￿ and programme
shares
materials
100.00
25 Funds received as an agent
Lifestart Foundation Limited is the lead partner in respect of SOOC Ishaping Oursèlves and Our Children)..
Building the foundations of good community relations in family life Project 8dministered by the SEUPB. At the
beginning of the year, the charity held undistributed funds in the amount of £7,805 in respect of the SOOC
project. During the year, the charity received incoming resources on beh31f of partner charitable org3nisalions
amounting to £2,640 12021." £72,986) and distributed £2,69612021.' £72,936) to thesè partners as instructed
by SEUPB. At thè balance sheet date, the charity held £7,749 12021." £7,805) in relation to undistribLrted
fvnds.
The charity is legally bound to pay thè funds over to third parties and ha5 no responsibility for their ultimate
applitration. Accordingly, these amounts have not been reflected in the financial slalernents for the year in
accordance with the tre8tmenl recommended by the Staternent of Recommended practi￿ "Accounting and
Reporting by Charities.. Therefore at the year end, the charity has £7.749 in cash and liabilities additional to
the amounts disclosed in the finanual statements.
-26_