Charity reglstration number NIC102304 Company régistratlon number N1040618 (Northern Ireland) EAST BELFAST SURE START ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
EAST BELFAST SURE START LEGAL AND ADMINISTRATIVE INFORMATION Trustees B Mcconnell E Westerhuis M Martin T Hughes E Daly M Hendron A Kelly L Mccullough Secretary C Humphrey Charlty number NIIC102304 Company number N1040618 Registèred office 55 T8mplemoro Avonue Belfasl Co. Antrim BT5 4FP Auditor Kearn8y & Co Suite 1, Founlain Centre College Street Belfast BT16ET
EAST BELFAST SURE START CONTENTS Pag8 Trustees, report statement of trustees, responsibilities Independént audilor's report Statement of financial aclivi118S Balance sheet Statement of cash flows 10 Notes lo the financial stalements
EAST BELFAST SURE START TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2022 The trustees present their annual report and financial statements for the year ended 31 March 2022. Th8 financial statem&nls have been prepared in accordanc8 with Ihe accounting policies set out in note 1 to the financial stalgmonts and comply wilh the charity's govèrning documents, a dead of Iwsl, the Companies Act 2006 and "Accounting and Reporting by Charities., Slatemenl of R8commend8d Practico applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 {offeclive 1 January 2019)". Objective5 and activitles East Belfast Sure Start is a Government initiative targeting 0-3 year olds and Iheir families, recognising th8 importance of supporting parents and carers, and the value of qualily experiences to very young children. The purpose of East Belfast Sure Siart is to work with parents and children to promote the physical. inlelleclual, social and emolional development of Pre-school children particularly those who are dlsadvanlagod to ensure they can flourish al home and when Ihey gel to school. There has been no change in tho charity's objectives during the year. The Iruslees have paid due regard to guldance issued by Ihe Charity Commission in deciding what activities the charity should undertake. Slgnificant activiti8s: The core seNlces of East Belfast Sure Start are: Outreach and home visiting services, lo make conlact as early as possible in the child's life and draw families into using other services. Family support. including befriending, social support and parenting information, both group and home based. Good quality play, learnlng and chlld car8 exp8ri8nc8s for children, both group and home ba58d. Prim8ry and community haalth-care and advice. Support for children with speclal needs, both within the Sure Start services off8red and through signposling lo more specialised seNices where necessary.
EAST BELFAST SURE START TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Public benefll The purposes of East Belfast Sure Start are to promote the benefit of the inhabitants of East Belfasl. and in particular bul not exclusively children under four y8ars of age and their famili8s, wilhoul distinction of sex, age, SP8cial needs, race, political, religious or other opinions by associating togethèr the said inhabilanls, local 8ulhorilies, public agencies, voluntary and other organisations in a common effort, to relieve poverty, sickness and disablement. The direct benefits which flow from Ihls purpos8 include.. Children prepared for schoolleducalion Parents aware and infonned of entitlement lo social benefit system, inclusion of children wllh special neèds, acc8ssible, low cost childcare. These benefits can be demonstrated by: Verbal feedback from paronls whose children allend childcare programmes Evaluation reports, questionnaires and suNeys Mrnpleted by parenls uslng a range of services, to preserve and protect health. Parents can be made aware and informed of general healthcare Issues for them and their family and signposted to relevant specialist support servicés such as child developmenl clinics, autism services and heallh and social care services in the voluntary and communily sectors. These beneflts can be demonstrated by.. The number of children referr8d lo specialist support seNices who will receive early intervention and belter health care lrnprov8d health and socSal care provided for and by families. The Sure Start data base provid8s statistical relums of beneficiaries to advanc8 8duGation. The dlrecl benefits which flow from this purpose include.. Children are able to flourish at homa and when they gel to school Parents participating in training and development programmes that enhance their skills, knowledge and parenting abililieq. These benefits can be demonstrated by.. Following training courses and parenting programmes 8valuations Carried out with parents Children receiving qu81ily car8 and education al Sure Start will leave with transitions reports to sharo with nurseries and primary schools. This will provide facilitias in the in18re51 of social welfare for recreation and leisure lime occupation with the objective of improving Ihe conditions of Ilfe for the said inhabitants. The dlrect benefits which flow from this purpose include.. Fan)ilies able lo access social and leisure facilities to improve th8 health and wellbelng of all the family These benefits can be demonslralad by.. Monthly reports recorded on number of families who use the S8rvice and have improved access to recreation and leisure facilities. The beneficiaries ar8 families wilh pre-school children aged 0-3 and expectant parents, who live in the designated area for Sure Sl8rl in th8 25 % most disadvaniaged wards of N.1. All early years sellings have bèen iegislered with social services and are inspected annually. Routine risk assessments are carried out on all activities lo ensure health and safely for participants, by a qualifie(J team. Policies and procedures are followed with due regard lo énsure tha haallh and safely of user groups. The only private benefit flowing from this purpose is that the Board employ a slaff team lo carry out all services and provisions. This is incidonlal and necessary lo ensure the organisalion provides benefit lo 115 beneficiaries. Policies and procedures are in place lo safeguard the organisalion and staff in terms of proper governance and accountability. Achlevements and performance Financial review The results lor the year are sel out on the Statement of Financial Activities.
EAST BELFAST SURE START TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Prlnclpal funding sources The main source of grant funding for tha charily has been end is currently the D.E (through HSCB}. This is supplemented by a number of smaller grants. Revlew of th& year East Belfast Sure Start gained valuable inslghls from our virtual d8livery to families during the lockdown periods in 2020 and 2021 and we have used this learning to implement new ways of working combining bolh face lo face delivery with virtual delivery lo provide a full and varied programme. It has been a joy for our organizalion to see the children réturn to our settings but also a challenge as we have witn8ssed firsthand the effecl on young children's development particular on their speech and language skills. We have ovor 2,000 people registered on our sy8t8m and this ya8r th6 engagement figures were as follows.. Children Mothers Fathers Families Anlenalal 57Yo 25/0 66°h 94/0 staff turnover continues to remain low however with an entirely female workforce we have experienced particularly high level of maternity leaves this year. We r8cruiled a new Midwife and Family Support worker and Earty Years 8ssislanl into post during the year. We have had a challenging year administratively with a chango over in database and rnoniloring requirements bul were abl6 to report al Ihe end of th8 y8ar that 811 our Services had been deliVed with 6xcellenl attendance. W8 continue to value staff training as a means of developlng our staff and making sure the Service we deliver is current and relevant. We have also concentrated on slaff wellbelng ensurlng that there were opportunit188 for staff to connect and have enjoyable experiences logeth8r. We have successfully expanded our dellvery Into Bloomfield SOA3 and have enjoy8d partnership working wilh a ommunity organizalion to make Ihis possible. We continue lo be grateful to the Departmont of Education for our annual budget Fjnrj also Ihsnkful for the upllft in budget which has helped us an organizalion conllnue lo maintain our18v81 of delivery ol services. The Iruslees have assessed the major risks lo whiGh the charity is exposèd, and are satisfied that sysl6ms are in placo lo mitigate exposure lo the major Tisks. Plans for future perlods Fulura plans We have found racruilment difficull in the past year which seems to hav8 been en impacl of Ihe Covid pandemic. We are hoping for this to ease in thè year to come so that we Can operate with a full slafl team and give the families in our area and full and vital service. structure, governanGe and management Tho charity is a company limited by guarantee, as defined by CompaniesAcl 2006.
EAST BELFAST SURE START TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 The trustees, who are also the directors for the purpose of company law. and who s8rved during the year and up lo the dale of signature of the financial statements were.. B Mcconnell E Weslerhuis M Martin T Hughes E Daly M Hendron AKelly L Mccullough None of Ihe Iruslees has any beneficial interest in Ihe company. All of the Iru51ees are members of the company and guarantee lo contribute £1 in the event of a winding up. Auditor In accordance with the company's articles, a resolution proposing that Kearney & Co b6 reappointed as auditor of the company will be pul al a General Meeling. Dlsclosure of information to audltor Each ol the Iruslees has confirmed Ihal there is no information of which they are aware which is relévant lo thè audit. but of which the auditor is unaware. They have further confirmed that they have taken appropriaté steps lo identify such relevant information and lo establish that the aLtdilor is aware of such information. The trustees, report was approved by the Board of Trustees. C Hurrphrey Secretary Dale..
EAST BELFAST SURE START STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2022 The Irusle8s, who are also the directors of Easl Bolfast Sure Start for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Acceptèd Accounting Praclicel- Company Law requires the Iruste8s lo prapare financial stalemenls for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming résources and application of resources, including the incorne and expenditure, of the charitable company for that year. In preparing Ih8s8 financial s121emenls, Ihe trustees are required to.. selecl suitable accounting policiès and then apply them consistently; obseN6 thè melhods and principles in lh8 CharitSes SORP- mak8 judgem6nls and estimates Ihal ara reasonable and prudent. slate whether appllcable UK Accounting Standards hav8 been followed, subjecl lo any material departur6S disclosad and explained in the financial stalemenls. and prepare the financial statements on the going concern basis unless it is inapproprialo to presume that the charity will continue in operation, The trustees are responsible for keeping adequate a¢countSng records that disclose with reasonable acKura¢y at any lime the financial position of the charily and enabl8 them lo ensure that the financial st8temenls comply with the Companies Act 2006. They ar8 also responsible for safeguarding the assets of thè charity and hence for taking reasonable steps for the prevention and detection of Iraud and other irregularitl88.
EAST BELFAST SURE START INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF EAST BELFAST SURE START Opinlon W& have audited the financial slalemenls of East Belfast Sure Start (the 'charily'l for the year ended 31 March 2022 which cornprise the statement of financlal activities, the balance sheet. the statement of cash flows and notes lo the financial slalemenls. including significant accounting policies. The financial reporting framework that has been applied in their preparalion is applicable law and United Kingdom Accounting Slandards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK 8nd Republlc of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion. the financial slatemenls.. give a true and fair view of the slate of the charitable companys 8ffairs as at 31 March 2022 and of Ils incoming resources and applicalion of resources, including ils income and expenditure, for the year then have been properly prepared In accordance with United Kingdom Generally Accepted Accounting PractiGe,' and have been prepared in accordance with th8 requirements of the Companies Act 2006. Basis for opinion We conducted our audS1 in a¢¢ordanc8 with Inlemational Standards on Auditing (UK) {ISAs (UK)) and appllcable law. Our responsibilities under those standards are further described in the Audilor's r8sponsibllitie.8 for Ihe audit of Ihe financial sl8lements soclion of our report. We are independent of the charity in accordance with the elhical requirements that are relevant lo our audit ol the financial statements in the UK, including the FRC'S Elhical Standard. and we have fulfilled our other ethical responsibililies in accordance with these raquiremenls. We believe that Ihe audit evidence w6 have obtalned is suffici&nl and approprlale lo provido a basis for our opinion. Conclusions relatlng to goln9 concern In audiling the financlal slalements, we have concluded that the trustees, use of the going concern basls of accounting In the preparation of the financial statements 1$ appropriate. 88sed on the Work we have performed, wé have not id8ntified any malerial uncertainlies relating to events or conditions that, individually or coll6clively, may cast significant doubl on th6 charity's abilily lo continue as a going concorn for a period ol al least twèlve months from wh8n the financial slalements are aulhoris8d for issue. Our responsibilities and Ihg responsibililles of tho Iruslees with respect lo going concern aro dèscribed in the relevant s8clions of this report. Other Informatlon The other informalion comprises the information included in the annual report other than tha financial statements and Ouf auditor's repori Ihereon. The Iruste8s are responsible for the other information contained within the annual report. Our opinion on the financial slalements does not cover the other information and, except to the oxtent othe1$8 explicitly slalad in our reporl, we do nol express any form of assurance conclusion Ihereon. Our responsibilily is lo read the other information and, in doing so, consider whether the olh8r infornialion is materially inconsislonl with the financial slatemenls or our knowledge obtained in the course of the audit, or olhoMi5e appears lo be rnaleiially misstated. If we identify such material inconsistencies or apparent material misstalements, we are required to determine whether Ihis give5 rise to a material misslal6ment in the financial statements themselv6s. If, based on the work we have performed. we conclud& that there is a material misstalemenl of this other information, we are r8quired lo report that fact. We have nothing io report in this regard. Opinlons on other matters prèserib8d by the Companles Act 2006 In our opinion, based on the work undertaken in the course of our audit: the information given in the Iruslees. report for the financial year for which the financial slalemanls are prepared, which includes the directors. report prepared for the purposes of company law, is consislenl with the financial slatemenls., and the directors, r6POrt included within the Irustees. report has been prepared in accordance with applicabl618gal requ irements.
EAST BELFAST SURE START INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF EAST BELFAST SURE START Matters on which wo are required to report by exception In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit. we have not identified material misstatements in the directors, report included within the trustees, report. We have nothing lo report in respect of the following matters in relation lo which the Companies Act 2006 requires us lo report lo you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us.. or the financial slalements are not in agreement with the accounting records and r8lurns- or certain disclosures of Iruslees, remuneration specified by law are not made.. or we have not received all the information and explanations we require for our audit., or the Iruslees were not enlilled lo prepare the financial slalements in accordance with Ihe small companies regime and lake advantage of the small companies, exemptions in preparing the trustees, report and from the requirement lo prepare a slralegic report. Responsibilities of trustees As explained moré fully in the statemènt of trustees, responsibilities, the trustees, who are also the directors of the charily for the purpose of company law, are responsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view, and for such internal control as the Iruslees determine is necessary lo enable Ihe preparation of financial slalemenls that are free from material misslalemenl, whether due lo fraud or error. In preparing the financial slalemenls, the trustees are responsible for assessing the charitys ability lo continue as a going concern, disclosing, as applicable, mallers relaled lo going concern and usin9 the going concern basis of accounting unless the Iruslees either intend lo liquidate Ihe charitable company or to cease operations, or have no realistic alternative but lo do so. Auditor's r8sponslbllities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misslalemenl, whether due lo fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance bul is nol a guarantee that an audit conducted in accordance wilh ISAS IUKI will always detect a material misslalemenl when il exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregale. they could reasonably be expected lo influence the economic decisions of users tak8n on the basis of these financial slalemenls. The extent to which our procedures are capable of delecling irregularities. including fraud, is detailed below. A further description of our responsibilities is available on the Financial Reporiing Council's website al.. hllps'.11 www.frc.org.uklaudilorsresponsibililies. This description forms part of our audilols report. This report is made solely to the company's members, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been LFndertaken so that we mighl slate lo the company's members those mallers we are required to slate lo them in an audilor's reporl and for no other purpose. To the fullest exlenl permilled by law, we do not accepl or assume responsibilily lo anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. Sarah Louise Lynch Senior Statutory Auditor for and on behalf of Kearney & Co Chartered A¢¢ountants Suile 1, Fountain Centre College Street Belfast BT16ET
EAST BELFAST SURE START STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Llnrestricted Restrlcted funds funds 2022 2022 Total Unrestricled Restricted funds funds 2021 2021 Total 2022 Notos 2021 Income from.. Donations and legacies Charitable acliviliès 400 400 950,749 1,020,792 1,020,792 950,749 Total income 1.020,792 1,020,792 400 950,749 951.149 Ex endituro on.. Charitable activities 1,012,532 1,012,532 952,475 952,475 N61 Incomel{expendlturel for the yearl Net movoment In funds 8,260 8,260 400 11,726> (1,326) Fund balances at 1 April 2021 9.940 (6791 9,261 9,540 1,047 10,587 Fund balances al 31 March 2022 9,940 7,581 17,521 9,940 {679) 9,261 The stalernenl of financial activities includes all gains and losses recognised in the year. All Incon)e and expendiluro derive from ¢ontinuing aclivili88, The statement of financial aclivllles also complies wllh the requirements for an income and expenditure account under thé Compani8s Act 2006.
EAST BELFAST SURE START BALANCE SHEET AS AT 31 MARCH 2022 2022 2021 Notes Current ass6ts Debtors Cash al bank and in hand 9,801 45,425 353 38,552 55,226 38,905 Credltors: amounts falling due wlthln one year 10 (37,705) (29,6441 Nel current as$8ts 17,521 9,261 Income funds Restricted funds UnreslriGted funds 7,581 9,940 1679> 9,940 17,521 9,261 Th8 financial stalemenls w&re approved by the Trustees on B Mcconnell Trustee E Westerhuis Trustae Company reglstratlon numbor N1040618
EAST BELFAST SURE START STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Notes Ca$h flows from operating actlvities Cash generatèd from operations 13 6.873 1,853 Net cash used In inv8stlng activltles Net cash used In tinanclng actlvllles Net In¢r•ase In cash and cash equivalent$ 6,873 1,853 Cash and cash equivalents al beginning of year 38,552 36.699 Cash and cash equlvalents al end of year 45,425 38,552 10
EAST BELFAST SURE START NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng policies Charity Informatlon East 8elfasl Sure Start is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 55 Templemore Avenue, Belfast, Co. Antrim, BT5 4FP. 1.1 Acoounting convention The financial stateimenls have been prepared in accordance with the charity's Igoveming docum8ntl, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in thè UK and RepubliG of Ireland" ('FRS 102.1 and the Charities SORP "Accounting and Roporting by Charities.. Slatemenl of Recommended Practico applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" leffeclive 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are piepared In sterlSng, which is the functional currency of tha charity. Monetary amounts in Ihese financial slalemenls are rounded lo the nearest £. Tho financial 51a16ments have been prepared under the historical co81 convention, Imodified lo include the revaluation of freehold propertiès and lo include investmenl properties and certain financial instruments al fair valuel. The principal accounting policies adopted are set out below. 1.2 Going concern At the tim8 of approving the financial slalements, the Iruslees hav8 a reasonable expectation that the Ghaflty has adequate resources lo conlinug in operational existence for the forese8able futur8. Thus the Irusteas continue to adopl the going concern basis of accounling in preparing the financial statemenls. 1.3 Charllable funds Unreslrictèd funds are available for us8 at Ihe discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject lo specific condilions by donors as lo how they may be used. The purposes and uses ol the restricted funds are sel oul in the nol8s lo the financial slalemenls. Endowment funds are subject to specific conditions by donors that the Capllal must be maintained by the charity. 1.4 Income Incoma is recognisèd when Ihe charity 15 legally enlilled lo it after any performance condStlons have been mel, the aniounls rAn be measured r¥liably, and il is probable that income will be rec8lV8d. Cash donation5 are recogni5ed on receipt. other donations are racognised once the Gharity has been notified of the donation. unlass performance Gonditions require deferral of the arnount. Income lax recoverable In relation lo donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending dislribvtion, Ihe amount is known, and receipt is expected. If the amount is not known, tha legacy is treatèd as a contingent asset.
EAST BELFAST SURE START NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accounting pollcles (Contlnuodl 1.5 Expenditure Expenditure is recognis8d once there is a legal or constructive obligation to transfer economic benefit lo a Ihird party. il is probable Ihal a transfer of economic benefits will be required in selll&menl, and the amount of the obligation can bo measured reliably. Expenditure is classified by activity. The costs of each activily are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs allribulable lo a single aclivrty are allocat6d directly lo that activity. Shared costs which contribute ID more than one aclivity and support costs which are not atlribulable to a single activity aro apporlioned belwéen those activities on a basis consislont with the use of rosources. Central staff costs are allocated on Ihg basis of lime spent, and deprgcialion charges ar6 allocated on the portion of the asset's use. 1.6 Tangible flxed assèts Tangible fixed assets are inilially measured al cost and subsequenlly measured al cost or valuation, nel ol depreciation and any impairment losses. Depreciation is recognised so as lo write off the Cost or valuation of assels less theSr residual values over their useful lives on the following bases.. Property improvements Fixtures and fitlSngs 100/0 slraighl line 200/0 slraighl line The gain or loss arislng on the disposal of an ass81 is d81ermined as tha differ8nce between the sa18 proceeds and th8 carrying value of the a5sel, and is reco9nised in the slalemenl of financial aclivilies. 1.7 Cash and cash equivalents Cash and cash equivalents include casli in hand, deposits held al call with banks, other short-lerm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown wilhin borrowings in current liabilities. 1.8 Financial Instruments The charity has elected lo apply the provlsions of Section 11 'Basic Flnancial Inslrumenls. and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial instiumenls. Financial inslrumenls are recognised In the charity's balance sheet when ihe charily becomes party to the contractual provisions of the inslrumenl. Flnancial 8SS&t5 and 118bililios are offset, with tho nel amounts presented in the financial statements, when there is a legally enforceable right lo set off the recognised amounts and there is an intention lo settle on a nel basis or lo realiso the assel and settle the liability simultaneously. Baslc financlal assets Basic financial assets, which include debtors and cash and bank balances, are initially measiired al transaction Pficè including transaction costs and are subsequently carried al amortised cost using the effeclive interest method unless the arrangement conslilules a financing Iransaclion, where Ihe Iransaclion is m8asured al the present valLte of the future receipts discounled al a markel rale of inlerest. Financial assets classified as receivablo within one year are not amortised. 12
EAST BELFAST SURE START NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollcles IContlnued> Basic financial liablllties Basic financial liabilities, including creditors and bank loans are initially recogniséd at transaction price unless the arrangèment conslitules a financing transaction. where the debt instrument is measured al the present value of th6 future payments discounled at a markel rate of interest. Financial liabilities classified as payable within one year are not amoriised. Debt instruments are subsequently carried at amortised cost, using lh& effective interest rale method. Trade cr8dilors are obligations lo pay for goods or services that have been acqulred in th& ordinary course of operations from suppliors. Amounts payable are classified as CLJrrenl liabilities if payment is due wilhin one yèar or less. If not, they are presented as non-curront liabilities. Trad8 croditors are recognised initially at transaction price and subsequently measured at amortised cost using the effectlV8 interest method. Derecognitlon of fin8nclal Ilabllltles Financial Ilabilllies ar8 derecognised when the ¢harSty's conlraclual oblig8lions expire or are discharg8d or cancelled. 1.9 Employee benefit8 The cost of anyunus8d holiday enlillemenl Is recognised In the period in which the employee's setvlces are recèivod. Termination b8n8fi18 are recognised immedSalely as an 8xpense when the Charity is demonstrably committed lo terminate the employm8nt of an amployee or lo provide termination benefits, 1.10 Retlrernent banefils Payments to defined contribution ratlfement beneflt schemes ar8 charged as an expense as they fall du8. Crltical accounling ¢$tlmales and judgements In the application of the charity's accounting polScies. the trustees are required lo make Judgements. 8slimates and assumptlons about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical exp8rience and other factors that are considered lo be relevant. Actual results may diffor from these estimates. The esllmales and underlying assumplions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where Ihè revision affects only that period, or in lh8 period of the revision and future periods where Ihe revision affects both current and futu periods. Donatlons and legacies Total Unreslricled funds 2022 2021 Donations and gifts 400 13
EAST BELFAST SURE START NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charitablo activltles 2022 2021 HSCB East Side Partnership East Belfast Communily DevAgen¢y Connswaler Homes Grant Belfast City Councll Other income 1.007,182 1,664 4.346 500 2,500 4,600 943,997 3,415 2,539 798 1,020,792 950,749 Charltable actlvltle$ 2022 2021 Staff costs Rent and rates Insuran Heal and light Tgmplernore Servicè Charge Telephone and inl8rnet Postage and slalionery Repairs and maintenance Computer running Costs Travel exponses Health and safety Svbscriptions Training Bank char9es General expenses Other charitable expenditure 708,238 63,531 3,412 7,396 20,480 4,786 6.889 25,980 4.291 2,238 1,855 3,142 9,087 713 1,686 144,608 697,827 55,409 3,266 6,338 20.480 6,052 7,088 20,151 11,660 1.021 1,750 2,904 3.832 577 1,646 109,552 1,008,332 949,553 Share of governance cosls (see nole 6) 4,200 2,922 1.012,532 952,475 14-
EAST BELFAST SURE START NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Support costs Support Governance costs costs 2022 2021 Audit fees 4,200 4.200 2.922 4,200 4,200 2,922 Analysed between Charitable activitiès 4,200 4.200 2,922 Governan¢e Costs Includes paymenls lo th8 auditors of £4,20012021- £2,922) for audit fees. Truslees Nonè of the trustees (or any persons connected with Ihem) received any remuneration or beneflts from the charity during the year. Employees Th8 av8r2ge monthly number of employees during the year was: 2022 Numbar 2021 Numbèr 42 39 Employment costs 2022 2021 Wages and salaries Social socurity costs Other pension costs 643.391 18,744 46.103 611,117 30.177 47,556 708,238 688.850 There were no employees whose annual remuneration was more than £60,000. Debtors 2022 2021 Amounts falllng due withln one year- Other debtors 9,801 353 15
EAST BELFAST SURE START NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 10 Creditors.. amounts falling due within one year 2022 2021 Accruals 8nd deferred incorne 37,705 29,644 11 Analysis of net assets between funds Unrestricted Restrlcted funds funds 2022 2022 Total Unrestriclod funds 2021 Reslricled funds 2021 Total 2022 2021 Fund balances at 31 March 2022 are r6presenled by.. Curr8nl assetsl{liabililiesl 9.940 7,581 17,521 9,940 (67gi 9,261 9,940 7.581 17,521 9,940 {679) 9.261 12 Related party transactlons There were no disclosabla related party transacllons during the year {2021 non81, 13 Cash generated from operations 2022 2021 Surplusl(deficlll for the year 8.260 (1,326) Movements in worklng capital.. {Increase) in debtors Increase in credilors (9.448) 8.061 (296) 3,475 Cash gen8rated from opèrations 6,873 1,853 14 Analysis of changas In net funds Th8 Gharity had no debt during the year. 15 Share capltal The Company is limited by guarantee and has no sharo capital, 16-