REGISTERED COMPANY NUMBER.. N1040060 (Northern Ireland)
REGISTERED CHARITY NUMBER: NIC102504
Re
ort of the Trnstees and
Financial Statements for the Year Ended 31 March 2025
for
South Belfast Sure Sta
Acom
an
Limited b Guarantee
Lynn Drake & Co Lld
Statutory Auditors
Isl Floor
34 B-D Main Sireet
Moira
Co. Armagh
BT67 OLE

South Belfast Sure Start
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Reference and Administrative Details
Report of the Trustees
Report of the Independent Auditors
8 10 11
Statement of Financial Activities
12
Statement of Financial Position
13
Statement of Cash Flows
14
Notes to the Statement of Cash Flows
15
Notes to Ihe Financial Statements
16 10 29
Detailed Statement of Financial Activities
30 10 31

South Belfast Sure Start
Reference and Administrative Details
for the Year Ended 31 March 2025
TRUSTEES
Eleanor Jordan (resigned 161412024)
William Olphcrt (resigncd 61612024)
Nikki Johnslon
Joan Henderson
Sandra Wehb
Si()bhan MLD()nnell
J<imL% SL()ii {rL8ignLd l1112ll024)
Grainnc MLHugh (rLsignLd 31712025)
Aine Grogan
Gerry Tubrill
Marie McGarry (appoinled 23/112025)
COMPANY SECRETARY
Nikki Johnston
REGISTERED OFFICE
9 Lower Crcsccnt
Ci). Anlrim
BT7 INR
REGISTERED COMPANY
NUMBER
N1040()6() (Ni)rihcrn Ircland)
REGISTERED CHARITY
NUMBER
NIC102504
AUDITORS
Lynn Drakc & Co Lld
Slatulory Audilors
1st Floor
34 B-D Main Street
Moira
Co. Armagh
BT67 OLE
CONSULTATIVE OBSERVER Norma Sinclair
Sarah Mcclean
CHIEF EXECUTIVE
Ms Joy Poots

South Belfast Sure Start
ort of the Trustees
for the Year Ended 31 March 2025
Tlie Iruslees who are also dircctors of ihe charity for ihe purposes of Ihe Companies Acl 2006, prescnt their
reporl wilh the financial slalcmcnls of Ihc charily for Ihe year ended 31 March 2025. The Iruslccs have
adopied the provisions of Accounling and Repofling by Charilies: Slalemenl of RLcommended Practice
applicable lo charilics preparing iheir accounts in accordance wilh ihe Financi(Il Reporting Siandard
applicable in the UK and Republic of Ircland (FRS 102) (cffcclive l January 2019).
OBJECTIVES AND AcfIviTIES
Objectives and Activities
Values
South Belfa%1 Sure St<irl is an organisation that seeks to treat everybody wilh fairncss and CqU¢ilily. We
slrive to be ()pen, honest and respeLiful to all. We endeavour lo involve and cmpower, communities,
r<imilie%, Lhildren and stalf lo grow and develop. As an organisalion we will aclively li8len, act with
inlLgrily and h()Id ourselves accountable.
Principle activities
The prinLipal aLtivities of the company arc Ihe provision of aclivilic.s for Ihc bcncfil ol Lhildrcn agcd 0-3
yearti and Ihcir lamilics living in ihc Souih Belfast Suro Siarl calchmont area.
Significant activltles
Souih BL'lf(IsI Sure Sliirl was csliiblished in 2001 wilh 4 alms:
(l) To Improvc Hcallh
(2) To Improve Ihc Abilily lo t£<irn
(3) To Improve Sucial (Ind Emotional Wcll-ljcing
(4) To Slrcngthcn Farnilics and Communilies
Thc programmc is core fundLd by IhL DLpdrlmLnt of EduL(Ilion (througyh ihc SPPG/DoH) and managed by a
Board of DireLtors ihdl is a p(Irlncrship of community, voluntary and slatulory agcncics Ihal work iogeiher lo
improve oulLomLs for youngF Lhildrcn and Ihcir lamilics in Ihc calLhmcnl arca.
SBSS has worked with Ihc SPPG at the Deparlmenl of Healih lo develop ihe Lore Sure Slarl scrviccs within
an Oulcomcs Framcwork. All activilies and services Ihal are Lommi55ioned through the core DE funding are
rccordcd on a Sure Siarl Progr<immes information system. In addition, SBSS as a Limitcd Company has
obtained funding for programmes and activities ihal add value or arc complcmcntary to the core DE lund¢d
services and r¢spond to needs that could not bc mcl wiihin Ihc rcstriclions of the core annual budget. These
accounts provide a clear record of Ihc lunding rcccivcd, cxpcnditure and aclivilies ihal derive Irom the core
DE funding and other funding sourccs.

South Belfast Sure Start
ort of the Trustees
for the Year Ended 31 March 2025
OBJEcfIvES AND ACTIv￿IEs
Significant activities
Budget Context
2024 OPLiiÈd wilh the same dilficuli baseline budget as Ihe previous year and itlwas challenging to even
implcmcnl ihc Minimum Wage ri8e from April 2024. Thcre h<id been significant lobbying prior lo ihe start
ol Ihe linancial yL(Ir and bey()nd l() Ihis bLing unsuslainablc lor Ihe Sure Start NI progyramme. In May ihe
Minisler for Educalion, Paul Girvan, announced a l()O/D rise (highc.81 ever inLre<l.%c) fi)r Sure Start
programmcs, however Ihis was nol Lonfirmcd unlil Sepicmber 24 le<iving half ihe linanLidl yLdr lo manage
Ihe addillonal budgcl.
Thc majorily ol Ihe new lunding wenl towards slarr Slilary riscs whiLh Wils vital Ils they had fallen far bohind
similar pi)sl% cl%LwhcrL and in ihL L()nlexl of Losl-ol-living inLrca%es, we were 105ing experienced slaff lo
oihLr Lmpl()yLr8. In iiddili()n, wc wcrL ablc to raise the Lmploycrs pcn%ion conlribulion from 4 to 60A. Wilh
Ihe cmpli)yLLS L()nlribuling 4% Ihe lolal monthly pcnsion invcslmLnt is now IO%. Whilc Ihis ha8 had a
posiIivL Ll'fLLI on mi)r<ilc ar()und pcnsion savingy% and all staff arc now cnrolled, wc are very awarL Ih¢il il is
still insulliLienl and far below ihal of stalulory scclor cmployccs. The Board will Ihcrclorc bc l()()king lor
any opporlunitics to increase Ihc amount going into slaff pcnsions.
Two ()thcr pr()gvrammLs
STEP ¢ind IhL' R()mil H()pc projcci dld rL'ccAvc L()nlinu(Ili()n funding, i)nc with a
slighi dLLrcasc dnd ihc oihor wilh a sligyhi inLrLa.%c mc(Iningy Ihiil wc wcrc ablc lo Lunlinuc IhLsL scrviLcs ovcr
Ihc yL¢lr.
Services and programmes acros5 the year
The %crviLcs Ihal SBSS dLlivLrL'd werL agyrLLd wilh SPPG (Il Ihc oulsLI ()[ thc ycar Ihrough 67 dilfcrLnt
larLyLl% LovLringy il f¢ingc of arc<l% illLluding anlcn(Ilal, po%lndlal, lamily supporl, play progrdmmes,
DLvLI()pmLnl(Il Pr()gvr(Immcs for 2-3 Year Olds, parcnling pr()g?rdmmLs, phy%iLdl dLlivily, hL'alih and
wLllbcing7, LihniL mini)rily scrviccs, addili()nal nLcds Iqnd %pccLh/langyuilg?c/LommuniLali()n %upp()rl.
By Ihc end of the ycar all bul Iwo of the 67 iargel.s were fully mel and frL'quenily exLL'edLd, wilh Ihc Iwo
exceptions bcing by jusl ()ne person in eaLh cabe. In addition lo thc core lunded aclivities thcrc was a range
of complemenlary scrvice4, %pccilic largrels (Ind exlra capacity d¢livcred Ihr()ugh ihc Roma HopL/Spcranza
and IhL STEP pr(IjL'LI.%. GivLn Ihc wcalth of activitics, programmcs and scrviccs il is only possible lo
higlhlighi somL ol. IhL key arcas of dclivcry ovcr 2024125 as follows:
1. 150 prcgnant womcn rcgistered wilh 76% of ihcse using one or more services such as anten¢ilal
workshops, Rcal Llirth, Hypnobirihing, Anlenalal Yoga, Aquil Yoga and I: I support
2. 171 new Mums and Dads altLnded one or more of the 8 Baby Cafes held weckly in 8 diffcrcnt scttings. As
well as Ihe 5laff ¢ind pcer SUPEK)rt Baby Cafcs olfcr, thcy wcrc Ihc main mcchanlsm for delivering
programme5 such as Baby Massagc, WcaninglInlroduclion lo Solids, Baby Sensory and Song and Rhyme
Timc in the postnatal pcriod.
3. 270 parentslcarcrs with 294 children atlended one or more ol the 10 parent and toddler groups run weekly
across 8 diffcrenl venues.
4. 170 children aged 2-3 years atlended yearlong DPt2-3YO's, Child Development or Lx)ving Learning
programmes each week foT eiihei 3 or 4 sessions. A further 80 children aged 1-2 years attended onc of 10
Play and Development programmes over 6-8 weeks.

South Belfast Sure Start
ort of the Trustees
for the Year Ended 31 March 2025
OBJECTtVES AND AcfIviTIES
5. 55 children were provided wilh l or 2 mnrning i)r aficrno()n respite childcare sessions a week for between
6 and 15 wccks lo support familiLs going through ch<illenging limes.
6. 27 children allended one 015 'Play and Di8kover' programmes held across Ihe ye(Ir. These programmes are
largelcd to children and their parent where there are social communication or developmenlal concerns and
arc lacllilatcd by (he Special Needs Family Support Worker and Speech and Language Therapist.
7. 364 children and 349 parenls went nn Irip8 nr enj()yed a 8pecial h(Iliday evenl nrganised in their locality
such as farms, indoor pl(iy LLnlres, pLlling fdrm visits (Ind oulduor parks and bL<lLhes.
8. Over 2(KK) home ()r Lentre based I:1 visils lo for <1 wide r(Inge of purposes inLluding initial Tegislralions,
gLn¢ric family .%upporl, home based programmes such as SLC and behaviouT rnanagcment, support with
acLL%%ing %PL'Lialist
services,
discussion
of children's progress
in
settings and
cmotional
supp()rllLonl<iinmenl.
9. Over 51X) families expericncing flnancial, and poverly relatcd issucs wcre supwirlcd wlih rcs()urLcs or
hclpcd lo gain aLcess lo Ihcse through communiiy parlncrs, including food bank referrals, food and fuLI
vouchcrs, prams and baby cquipmcnt, children and aduli cloihcs, books and toys.
10. 50 diffLrc'nl pr()gyriimmc% (in addili(In l(} anlc and p()%ln(Ilal) iind infiirm<ili()n %L%si()n%lw(Irksh()ps wcre
dLlivLrLd within IhL thLmL% ()f hLalih and wcll-hLill&, PLrs()n(Il dLvLI()pmLnl, parLnling, phy%iLal aLlivily and
nulriliun (Ind LO()king wilh ovcr 260 P£ircnls <illLnding7 lil IL<isI onc of IhLsL progyrammLs or SLssions.
11. F<imilics wcre signposted lo 25 othcr organisations or iypes of serviccs with Ihc grcalcsl numhcrs to
bcncfils advicc, cduLalion services, charitable aid, family supporl hubs, foodbdnks, GP's/Hcalih Vi%il()ra and
SpccLh and Lang?Udge Thcrdpy.
Addressing Access and Participation
SBSS conlinucd to work ihr()ughout the year to improve the access lo, and cngrfigemenl of, dll famllies lind
carcrs living in ihe callhmenl (irea. This inlludes:
I. F¢lthLrs/male C<irer
Ihc numbcr of fathcrs Tcgislcrcd rose again this ycar lo 550 with a ihird or Ihis
numbcr aclivcly using scrviccs. Thc incrcasc is largcly duc lo morc faihcrs rcgislcring along with Ihcir
partncrs anlcnalally and altcnding ihc workshops and programmes which are oficn held in Ihe evenAng% or
wcckcnds lo facllilale Ihal. While snme of these Dads Lonlinue lo engyage in servALes p()%lnal¢illy %uch as
Baby Cafes when Ihey can, aLlive involvemenl does tend io fall off as the children gel older.
II. Newcomer families South Belfast is a very diverse communily and a third of registcrcd familics arc from
another country andlor clhnic minorilics. This includcd asylum scckcrs livlng in 'conlingency
accommodation, such as formcr holels and B&B's alihough Ihis started lo fall olf iowards Ihe end of the year
as use of hotels in South Bclfast bcgan to cnd. S13SS continued dclivcring 2 largclcd cihnic minorily
programmcs for Chincsc and Roma families.
III. Children wilh addilional needs only a minorily of children wilh additional needs will have a formal
diagnosis before they lurn 4. As. parents <ind their Lhildren often find it overwhelming lo engage in busy
drop-in services like parent and toddler groups, SBSS has continued to develop activities and programmcs
that Later specifically to the needs and development of these children. This has included Ihe Play and
Discover groups, small Child Development Programmes of 5-6 childrcn, supw)rt in ihe homc and promoling
the use of contracted places with our partncr agcncy Solas (a spccial nceds charily).

South Belfast Sure Start
ort of the Trustees
for the Year Ended 31 March 2025
OBJEcrtVES AND AcrIvrrIES
Public benefit
The IrubleL.% Lonfirm that they have complied with their duty under section 3 of the Charilies Act (Northern
IKland) 2013 to have due regard lo the Charity Commission for Norihern Ireland's guidance on public
benefit.
FINANCIAL REVIEW
REVIEW OF YEAR
Th¢ c()mpdny had nLI outgoing resources for the year of £10,213 (2024: nel outgoing resources of £824),
whiLh rL'EILLILd the LomplLlion ol a number of projects during the ycar. Unreslrlclcd funds incrc<l.scd by
£13,906, whilL re51riLled lunds decreascd by £24,119.
The ch<irily continues to work lo sccurc income from sources in addllion lo its corc DE lunding io provide
new or complcmentary programmcs, scrvices and venues Ihal mccl cmerging local needs bul Lann()I be
fundcd Ihrough Ihc corc budgcl. These addillonal 8ourccs of funding are granls rcceivcd I'rom vari()us bodics
as disLloscd in nolc 4 An Ihc financial slalLmLnls.
Reserves policy
Besl Practicc and slatulory guidclinos rccommend Ihal charilies hold a juslili<iblc levcl ol rcscrves in ordcr lo
remain economically Viiiblc An ihc cvcnl of any unforL'%L'cn cirLum%lanLcs. ThL unrL%lriLILd funds ol South
IlelfiTrsI SurL Siiirl ¢irL' IhLrLf()rL LXPLnd4iblL ai IhL di%LrLli()n i)I' Ihc B()<ird i)r TruslLcs. HowLvLr, a sigynifiLdnt
elLmcnl ()A' IhL rc%crve4 will L()nlinuL l() bL' hcld in rL4LrvL' f()r ¢1 'WC)rbl L(IbL .%LLn(Irio' of %l<ifi' rcdund<inLiL's
should ihL' fundingF from gy(IvLrnmLnl fur SLISS Lld Lnd.
FUTURE PLANS
the ycar drcw lo an end ihe pr()mise ihL' IOQ/o upIAlI gavc of moving towards finanLial slabilily with
enLrgiic% able li) be f()cus%Ld on dLlivcry (Ind dcvcl()pmcnl of.%LrviLL5 for Lhildrcn and fdmiliLS, has bL'cn scl
back by IhL gy(IvLrnmLnl ann()uncLmcnl of inLrLiiscd Empl()yLr.s Ndlioniil Insurancc Lonlribulii)n%. ThA% will
ddd ar(iund £35,00() lo payr()11 Losls Lind plans lo incrcilsc Ihc Iiourly rdlcs of Ihc lowLsl Paid blinds of
workcrs will havc lo bc put on hold.
Likewisc organisdlional priorities such as increasing supporl lor perinalal and addilion(Il nccds scrvices will
noi be able lo be progressed. We continue lo press the Dcpartmcnl and politicians on thc impact of thcse cost
pressures and hope that thc 5jtuation mighi change as wc move into Ihc ycar.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing document
Thc chariiy is conlrolled by its governing document, a deed of trust, and Lonslllules a Ilmiled company,
limited by guarantee, as defined by the Companies Aci 2006.
Recruitment and appointment of new trustees
During ihe period under review (he Iru.slee5 mei bt-monihly. Trustees are appointed by nominations made in
wriling by Parlner Org(Inis¢ilionb. At the General Mecling nominaled directors are appointed by clcclion.
None of the directors have any beneficial interest in the company. All of the directors are mcmbers of ihe
company and guarantee lo contributc £1 in thc cvcnt of a winding up.
Thc trustccs dclcgatc Ihc day to say running of Souih Bellasi Sure Siart lo thal of the Chief Executive
Officcrl Projcci Co-ordinalor.

South Belfast Sure Start
ort of the Trustees
for the Year Ended 31 March 2025
srRucfuRE, GOVERNANCE AND MANAGEMENT
Structure) governance and management
The Board of Directors employ the Project Co-ordinator to overview and manage the programme and report
back lo ihe Board on activities and develupmenls.
The Project Co-ordinalnr Icads and managcs the Finance Director, Early Learning Co-ordinators (Job Share)
and Family Supp()rl C()-()rdin<ltor, wilh rLgular 5upervi5ion lo review aclivitics and io cnsurc ihey match wilh
th¢ cih()% of Ihe ()rg<inisalion and funder requiremenls. The Finance Dircclor, Early ￿arnIng Co-ordin(Il()rs
and Family Suppt)Tl Co-ordinator overview and manage their dcparlmcnts and staff cmploycd Ihcrcin, with a
view ol d(iiIy <lLlivities and services dclivered.
Related parties
Thcrc wcrc no rclalcd party Iran%aLlions for ihe year ended 31 MarLh 2025.
Risk management
For ensuring Ihal Ihc principles of gi)od g()vLrnance arc embLddL'd wiihin all aspects ol Souih Belfast Sure
Siarl's opcralions wilh man<igycmLnl and slalf bLing kcLnly aware of Ihe Boiirds responsibilily of cnsuring
Ihal Ihc orgyani%ali()n pr()IcLls itsLII Irom finanLial LXP()%ure and rL'pulali()nal damage, A Llo%c w()rking
rcl<ili()n%hip 1% m<iinlainLd bLlwLLn Ihc B()ard and managiLmcnl to L'nsure Ihdl ()pL'rdli()nc2lly 4laff arc (IW<irc ()(
Ihc %lcind(Ird% rcquirLd ()[ iliLm by IhL B()drd <ind Ihc B()ard dre alway4 in a p()%ilA()n lo pri)vide guidanLL' <ind
%upp(Irl Io rn(Inag7LillLnl in IhL di%Lhdrg?c ol IhLir duliL'%. This Iw() way reldli()nship is Ihc kLy fLalurL' of S()uih
Bclf(14l SurL Sl(Irl govcrnanLL drran&yemcnt% and is a kLy %lrenglh in Ihc Lompiiny.
A c()nscicnlious appr()dch lo cn%uringy thal conlr<iLlual projcLI rcquircmLnls lire aLhiLvcd has bcen mainlaincd
al dll timcs boih in Ihc acL()unting pLriod bL'ingy rcp(IrlLd on and %inLc Si)uih BLif4151 SurL Starts
e.slabli%hmL'nl. Very ligyhi financial L(Inlr()l% on cxpcndilurc and all financial Lommilrncn15 Iirc mainlaincd at
all liine% (Ind pr()j¢cl bldfr havc bccn Irliincd and havc bcL()mL LxpcriLnLcd in budgyLlary L()nlr()l%. In b()Ih
IhL%c arL'as AL ProjLLI dclivLry and linanLial conlrols mandgLmcnl all .%lafr hdve L'%labli%hLd Ll()%e w()rking
relation.ships with funding organisalions to ensure all mandali)ry .sldndiirds arc L()n%i%lenily achicved. Board
rcprcscntalivcs also aclivcly engagie wilh funding bodies.
The Board, managcmcnl and %lafl <irL fully aw<irL Ih¢il the n<ilure ol Ihe work in whiLh Souih Bclfast Sure
Starl is involved Lan bringy with il (I high Icvcl of sLruliny to cnsurc (hat all aclivilics arc fully compliant with
funding rL'quirLmLnls (Ind,Ihcrclore, bcyond rcproacli.Thc Board ol Soulh Llcllasl Surc Slarl is, therefore,
gr¢¢iily re(15sured ol the company's compliancc wilh Ihc highc51 of slandards of governance on the basis ihal
all monitoring and cvalualion of project delivery demonslrates achievement of all funders objectives and th<il
fundcrs, audits and vouching of financial expenditure and Ihe slalulory <iudit Confirm compli<ince with both
probity and rcgularily in Ihe use of monies reLeived.
EVENTS SINCE THE END OF THE YEAR
Infomialion rclaling lo events since ihe end of Ihe year is given in ihc notes to the financial slatemenls.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustecs (who are also Ihe directors of South Belfasl Sure Start for the PUTposes of company law) are
rcsponsible for preparing the Repurt of the Trustees and the financial statements in accordance with
applicable law and Uniled Kingdom Accounting Slandards (United Kingdom Generally Acccptcd
Accounling Praclice) including FinanLial Reporting Slandard 102 "The Financial Reporting Standard
applicable in ihe UK and Republic of Ireland

South Belfast Sure Start
ort of the Trustees
for the Year Ended 31 March 2025
STATEMENT OF TRUSTEES, RESPONSIBILITIES - continued
Company law requires ihe Iru4lee8 l() pr¢parL fin<inLial 5t¢ileinLnls for each financial year which give a true
and fair view of the stale of aff(Iirs ol Ihe Lharil(Ibl¢ company and of the incoming resources and applicalion
of resources, including the income <ind expenditure, of the Lharilable company for that period. In preparing
tho81: financial slalemenls, the truslees are required to
sclcct suilablc accounling policic.s and Ihcn apply them consislently.
observe ihc meihods and prinLipl¢s in the Charily SORP.
make judgcmcnls and c.slimalL% Ihal dre rea%()n<ible <ind prud¢nl'
prepar¢ Ihc financial slalemenl,s on Ihe g()ing L()nLern basis unless it is inappropriate to presume Ihal the
charilable comp¢iny will Lonlinuc in busines5.
Thc ITu%lcL% arL rL%P()nsiblL f()r kLLping pr()pLr aLcounling rcLords which disclose with rcasonablc acLuraLy
<11 <iny lime the fin<illLi<il p(1sili()n ()[ Ihc Lharilcible company and lo enable Ihem lo ensure that Ihc fin(IllLi<il
sldlLmLnls Lomply wilh IIiL Compdnic5 ALI 2006. They arc also rcsponsiblc for safegyuarding ihc a,%%Ll% ()f
Ihc Lharitable L()mpdny and hcncc for taking reasonable sleps for ihc prcvcnlion and dclcLlion of fr<iud (Ind
olhcr irregularilies.
In so far as the Iruslees are awarc:
Ihcrc is no relcviinl audit inli)m(Ilion of whiLh ihc chaTjlahle Lomp<iny's auditors arc unaw<irc' and
Ihc Iru4lL'L'% h<lVL t(Ikcn (Ill %lLp% ihai IhLy ()ugyhi i() h¢lVL lakcn l() makL IhLm.%LIvL% awarL ()f any rclcvant
audit inf()rm¢ili()n <ind lo Lsl<iblish Ihal Ihc <iudil()rs arc <iwarL i)r Ihdl informdli()n.
AUDITORS
ThL dudilors, Lynn Drakc & Co Lid, will bc proposcd for re-appoinlmcnl ¢ii Ihc forihLoming Annual Gcncrdl
MLLling.
This rcporl ha5 bccn prcparcd in accordance wilh the speLial provisions ol Parl 15 of ihe Comp¢inies ALt
2006 rclaling lo small companie.s.
Appr()vcd by order of Ihe board i)f Iruslees on 11 Sepiember 2025 and signcd on ils bchall by:
Joan Henderson - Tru.slee

ort of the Inde
endent Auditors to the Members of
South Belfast Sure Start
Opinion
We have audiled Ihe financial statements of South Belfast Sure Start (the 'charitable company,) For the year
end¢d 31 M(IrLh 2025 which Lomprise the Statement of Financial Activities, the Slatemenl of Financial
Position, lh¢ Sldlemenl of Cash Flows and notes to the financial statements, including a summary of
igniL'iLdnl aLLounling wliLies. The financial reporting framework thai has been applled in their prcparalion
15 appliL<ibl¢ law lind Uniled Kingdom Accounting Standards (United Kingdom Generally Acccpied
ALLounling PTaLlice), including Financial Reporting Standard 102 The Financial Reporting Siandard
applicable in the UK and Republic of liLlan(I'.
In our opini()n Ihe finanLial s1(Ilemcnls:
give a ITU¢ and f(iir viLw of Ihe state of the charitable company's affairs as at 31 March 2025 and of its
inL()ming resourLes and (IppIiL<ilion of resourLes, inLluding ils inLomc and cxpcndilure, for Ihc ycar ihcn
have been properly prepared in accordance with United Kingdom Generally Accepted Accounling
PraLliLe, including FinanLial Rcporling Standard 102 The Financial Reporting Standard applicablc in the
UK and Rcpublic of Ireland and
have been prepared in accordance with Ihc rcquircmcnls of Ihc Companics Act 2006.
Basis for opinion
We conduLled our audit in aLcordance with Internallonal Slanddrds on Audiling (UK) (ISAS (UK)) and
dppliLable l<lW. Our re5P()nsibilities under those standards are furihcr dcscribed in the Audilor.s'
rcsponsihililic% for Ihc audit of Ihc finanLidl slatemcnls seLtion ol our reporl. Wc are indcpendcnl i)r Ihc
Lhdrilablc company in aLL()rdanLe wilh Ihc Lihical rcquiremenls Ihiil arc rclcvanl lo our audAI ()f ihc fin<illLi<il
statLmenls in Ihc UK, inLludAng Ihe FRC'% EihiLdl Siiind<ird, and Ihc provi%i()n8 avail<iblc f()r sm¢ill LnlitlLS, in
Ihe LifLum%lanLcs %L'I ()ul in n()Ic 19 1() Ihc fin(InLi<il %lalLmcnlb, lind WL h(IVL fuifillcd c)ur ()IhLr clhiL¢il
rosp()n%ibililic% in ¢lLLI)rd<inLc with ihL%L fLquifLmcnls. WL bLlicvL ihai Ihc audil LvidLnLc wc havc ()blaincd
is ,%uffiLicnl <ind ¢ippr()priale to pr()vidc <1 basi% for c)ur opinion.
Conclusions relaling to going concern
In audilingy IhL lin<illLial %l(IILincnlb, WL h<lVC LonLludcd Ih<il Ihc Iruslccs, use of thc going concern basis of
aLLounling in IhL prLp¢if(Ilion ol IhL linanLl¢il slalLmLntS Is approprialc.
Bascd on the work wc have pcrforn]ed, wc have not idcnlified any mdleridl uncerlainlies relaling to events or
conditions thal, individually or collcclivcly, may cast significanl doubl on Ihc charilable company's abillly Io
continuc as a going concern for a period of al least Iwelve monihs from when ihe finanLial sl¢ilcmenls iire
authorised lor issue.
Our re%ponsibililAes and the responsibilitics of the truslccs with rcspcct to going conccrn arc dcscribcd in the
relcvant 5cclions of Ihis rcport.

ort of the Inde
endent Auditors to the Members of
South Belfast Sure Start
Other information
The trustees are respun%ihl¢ for Ihe other infoTmalion. The oiher infornialion comprises the inform¢ili()n
included in the Annu<il Report, oth¢T than ihe fin<incial statemenls and our Reporl of Ihe Independenl
Auditors Ihereon.
Our opinion on the financi(11 stalements does not cover the oiher infomiation and, except to the exlent
oiheThvisc expliciily slaled in our report, we do not express liny form of assiilance conclusion thereon.
In conneclion wilh nur audil ()[ (he linancial slalements, our respon5ibilily is to read the olhcr informali()n
and, in doing so, cnnsider whether Ihe ()Ihcr informali()n is materially inconsislenl wilh the fin<illciiil
slalem¢nls or our kn()wlLdge ()bt(iinLd in IhL (iudit or olhenvise appcars to bc malcrially misslaled. If we
idcnlify such mal¢ri411 inLonsi%lenLies OT <ipparenl material misstalemenls, we arc required to determine
wheiher this gives rise lo a material misstalement in the financial slalements Ihemsclves. If, based ()n the
work we havL pLrlormed, we Lonclude that there is a material misslalemenl of Ihis oihcr inlonnalion, we are
requirLd lo repoTI Ihal facl. We have nothing to rcporl in Ihis regard.
Opinions on other matters prescribed by the Companies Act 2006
In ()ur ()pini()n, b(i%Ld ()n ihL W()rk undLrlakLn in IhL c()ur%c of Ihc iiudit:
Ihc inE'()mi<ili()n given in Ihe Report of the Trustees lor the financial ycar for which Ihe fin<illLidl
.slalcmcnts arc prLpared is L()nsi%lLnl wilh ihe finanLial slalcmcnls. and
Ihe Rcp()rl of ihL Truslecs has bcen prepared in accordance with applicablc Icgal rcquiremcnls.
Matters on which we are required to report by exceptlon
In IhL' ligyhi i)L' IhL kn()wlLdg7L (ind undLr%ldnding7 01 IliL Lhdritablc company and ils environmcnl obi(iincd in
IhL L()ursL ()[ IhL audil, wc h<lVC n()1 idLnlil'icd rnatcridl mis.%lalcmcnls in IhL RL'p()rl ()f Ihc TrusleL'*.
Wc havc nolhing lo rcporl in re4pcLI of the following mallcrs whcre Ihe C()mp<inies ALI 2(N)6 requircs us lo
rcporl lo you if, in uur ()pinion:
adLquale aLL()unling? rL'L()rds havc not been kcpt or returns adcquale for our audii havc not bccn reccivcd
'r()m branLh¢4 n()1 vi%il¢d by us; or
IhL I'An¢inciiil %l<ilcmcnls (Irc not in agrccmcnt with Ihc accounting rccords and rclurns. or
Lcrtain disclosures of IrustCC5' rcmuncrdlion spccificd by law are not mdde; ()r
we have not receivcd all the infonnation and cxplanalions we rcquire lor our audil. or
the truslccs wcre not cntillcd to takc advanlagc of Ihc small Lompanies exempiion from Ihe requirLmenl lo
preparc a Slralcgic Rcport or in prcparing Ihe Rew)rl of the Truslees.
Responsibilities of trustees
cxplaincd morc fully in ihe Stalemenl of Truslees, Responsibilities, the trustees (who are also the
dircclors ol Ihe charitable company for Ihe purposes of company law) ale rcsponsiblc for the prcparation of
the financial slalemenls and for being satisfied that they give a truc and fail vicw. and for such internal
conlrol (Is Ihe Iruslee5 detemiine is necessary lo enable thc prcparalion of financial slalements that are free
frorn material misstatement, whether due to fraud or crror.
In prcparing thc financial statemenls, Ihe Iruslees are responsible for assessing the charil(Ible company's
ability lo conlinue as a going concern, disclosing, as appliLable, matlers related to going concern and using
the going conccrn basis of accounling unless the Iruslees either intend to liquidate the charilable company or
lo ccase operalions, or have no realislic aliernalive bul to do so.

Report ofthe Inde
endent Auditors to the Members of
South Belfast Sure Start
Our responsibilities for the audit of the financial statements
Our objcclives arc to obiain rcasonable assurance about whcihcr the financial slatcmcnts as a whole are Iree
from matcrlal misslatcmcnl, whciher duc lo fraud or error, and io issue a Report of Ihc Indepcndcnt Audilors
thal Ancludcs our opinion. Reasonablc assurancc is a high level of assurance, but is nol a guaranlce Ih¢il an
audil conducled in accordancc wlih ISAS (UK) will always dclect a malerial misslatcmcnl when il exisls.
Misslatcments can arlse from fraud or error and are considered malcrlal if, individually or in Ihc aggregale,
they could reasonably be expected to,'Anfluence Ihe economic decisions of users taken on the basis of IhLiB:
financial statements.
The exlent to which our procedures are capable of delecting irrcgularllies, including fraud is delailed below:
Irrcgularitics, including fraud, are instances of non-compliancc wilh laws and regulations. We design
procedures in line wilh our responsibililics, ouilined above, to dclcct malcrial misslalemenls in re.spLLt (Il
irrcgularAIAcs, including fraud. In particular, wc lookcd al wh¢ro management madc subjcclive judgcmcnts.
ror cxamplc in rcspeLI of accounling cslimalcs ihal involvcd m<ikingy a%.%umpiions and considcring fulure
cvcnl% Ihal <ir¢ inhcrcnily unLLrl(iin. Wc (11￿) L()n%idLrcd p()ILnli(Il finanLl<il ()[ ()Ihcr pr¢s%urcq, ()ppi)rlunily
and m()Iiv<ilion% flir Ir<iud. P<irl ()[ Ihi.% di%cu%si()n, wc idLnlifiLd the inlLrn<il Lunlr()l% cslablisliLd lo
miligalL ri%k% rLl<ilLd l() fraud or ni)n-L()mplianLL Wlth laws lind regyuldlion5 and how managyLmLnl monilor
Ihcsc proLc88e.s. Appri)priale proLcdurL% included ihL review and le%ling of m<inual ji)urnals and key
Lslimlilcs and judgcmLnls made by m¢ill¢igcmLnt for risk ol fraud.
Bascd on our undcrslanding of Ihc company and induslry, wc idcnlified thc principal risks of
non-L()mplAanLe wilh laws and rL'gulali()n.s as Ihi)%c Ihal havc il dircLI impaLI on Ihc delLrminalion of m(Ilcrial
¢im()unl% iind di%LI()%urLs in Ihc I'incillLi(Il .%liilLmcnls.
Wc cvalualcd m¢inagyLmL'nt's inLLnlivcs and ()pp()rlunilics for fraudulcnl m(Inipulali(In ol Ihc fin<tnLl<il
l<ilLmLnls and idL'nlificd ihc grc(Ilcsl polcnli<il lor fr(iud. Wc communiL(IILd ihe idcnlilicd laws and
rcgyul<ili()ns ihri)ug7hi)ut Ihc audit IL<im (Ind rcmaincd alLrl lo any indiLalions of non-compli¢inLe ihr()ug?h()ul
Ihc audit. Audil proLcdurcs pcrlormcd inLludLd, bul wcrc nol limilcd 10:
Discussions wilh managcmcnl including considcralion of known or SUSPCLled inslances of
non-compliance wilh laws and rcgulalion and fraud;
Reviewing Ihe fin¢inLl<il slalemenl disclosures and lesling lo supporling documcntalion;
Rcvicw of board meeting minutes of Ihosc chargcd wilh governance;
In addressing the risk of fraud through managemenl overrlde of controls, ILsting the appropriateness ol
journal enlries and oiher <idjuslmenls'
As part of an audil in accordance with ISAS (UK), we exercisc profcssional judgment and maintain
professional sccplicism Ihroughoui ihc audit. Wc also:_
Idcnlify and asscss thc risks of malerial misstatement of the financial stalements, whether duc lo fraud or
error, design and perforn] audil procedures re.sponsive lo those risks, and obiain audil evidence Ihal is
sufficienl and appropriale lo provide a basis for our opinion. The risk of not detecling a material
misslalemenl rebuliing from fraud is higher than for onc resulting from error, as fraud may involve collusion,
forgery, intenlional omissions, misTepresentalions, or the override of internal control.
Obtain an understanding of internal control relevant to Ihc audit in order to dcsign audil procedurcs ihat are
appropriatc in Ihc circumstanccs, but not for thc purpose of expressing an opinion on ihc cffcclivcness ol the
charilics inlernal conlrol.
10

ort of the Inde
endent Auditors to the
South Belfast Sure Start
Evaluate the appropriateness of accounting policie5 used and the reasonablene55 of accounting estimates and
related disclosures made by the trustees.
Perfom] analytical procedures to identify any unusual or unexpected relationships that may indicate risks of
material misstatement due to fraud or error.
Conclude on the appropriateness of the trustees, use of the going concern,basis of accounting and based oli
the audit evidcnce obtained, whether a material uncertaiiity exists related to events or condilions tliat may
c&st s1￿1f]cant doubt on the charities abilily to continue as a going concem. If we conclude that a material
uncertainty exists, we are required to draw attention in our auditoes report to the related disclosures in the
financial statements or, if such disclosures are inadequate, to modify our opinion, Our conclusions arc based
on the audit evidence obtained up to the date of our auditor's report. How¢ver, future events or condilions
may cause ihe charity lo ce&se to continue as a going concern.
Evaluate the overall presentation, structure, and content of the financial statemeiits, including the disclosures
and whether the financial statements represent the underlying transactions and events in a manner that
achieves fair presentation.
We cominunicate with those charged with governance regarding, among other matters, the planned scope
and timing of the audit and significant audit findings, including significant deficiencies in intemal control
that we identify during our audit.
A further description of our responsibilities for the audit of the financial statements 15 located on the
Financial Reporting Council'5 website at www.frc.org.uklauditorsresponsibilities, This description forms
part of our Report of the Independcnt Auditors.
Use of our report
This report is made solely to the charitable company's membei's, as a body, in accordance with Chapler 3 of
Part 16 of the Companies Act 2(M)6. Our audit work has been undertaken so that we might state to tlie
charilable company's members those matters we are required to state lo them in an audilors, report and for no
other purpose. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone
other than the charitable compaiiy and the charitable company's members as a body, for our audit work, for
this repo
r for the opinions we have fonned.
Billy Drake (Senior Slatutory Auditor)
for and on behalf of Lynn Drake & Co Ltd
Statulory Auditors
I st Floor
34 B-D Main Street
Moira
Co. Arniagh
BT67 OLE
I I September 2025
Pagell

South Belfast Sure Start
Statement of Financial Activities
ncor
oratin
an Income and Ex
for the Year Ended 31 March 2025
enditure Account
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricled
funds
Restricted
funds
Notes
INCOMEAND ENDoWMENTS￿Rom
Donations and legacies
100
l(K)
Charitable activities
Granl InLome
1,276,395
1,276,395
1,181,345
other tr(Iding aclivilies
14,476
14,476
10,746
Total
14,576
1,276,395
1,29(),971
1,192,191
EXPENDITURE ON
Charitable activities
DircLt Charil<iblL Expcnditure
Governance
670
1,293,443
7,071
1,294,113
7,071
1,185,817
7,198
Total
670
1,300,514
1,301,184
1,193,()15
NET INCOME/(EXPENDITURE)
13,906
(24,119)
(10,213)
(824)
RECONCILIATION OF FUNDS
Tol(Il funds bruughi Lorw<ird
138,401
989,615
1,128,016
1,128,840
TOTAL FUNDS CARRIED FORWARD
152,307
965,496
1,117,803
1,128,016
The noles form part of these financial stalements
12

South Belfast Sure Start
Statement of Financial Position
31 March 2025
31.3.25
31.3.24
Notcs
FIXED ASSETS
TaTJgible <is%e15
944,020
967,185
i CURRENT ASSETS
Dcbiors
Cash at bank
12
52,577
134,081
54,612
118,570
186,658
173,182
CREDITORS
Amounts falling due within one year
13
(12,875)
(12,351)
NET CURRENT ASSETS
173,783
160,831
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,117,803
1,128,016
NET ASSETS
1,117,803
1,128,016
FUNDS
UnreslriLlcd fund
Reslrictcd funds
15
152,307
965,496
138,401
989,615
TOTAL FUNDS
1,117,803
1,128,016
Thcse financial slalcmcnls have bcen prcparcd in accordance with ihe pr()visions applicable lo charilable
comp¢inies subject lo the smdll companies reglme.
Thc financial sl<ilLmcn15 wcrL approvcd by thc Board of Trustccs and authorised for issue on
11 Scplcmbcr 2025 and wcrc signcd on ils bchall by:
Joan Henderson - Trustee
Nikki John51on - Trustee
The notes form part of these financial statements
13

South Belfast Sure Start
Statement of Cash Flows
for the Year Ended 31 March 2025
31.3.25
31.3.24
Notes
Cash flows from operating activities
C<ish generaled frum operations
15,511
30,005
Nel cash provided by operating aclivilies
15,511
30,005
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalenls at the
beginning of the reporting period
15,511
30,005
118,570
88,565
Cash and cash equivalents at the end
of Ihe reporting period
134,081
118,570
The notes forn] part of these financial statemenls
14

South Belfast Sure Start
Notes to the Statement of Cash Flows
for the Year Ended 31 March 2025
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTivrrIES
31.3.25
31.3.24
Net expenditure for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Dcpr¢cialion charges
DcLr¢a8¢ in d¢bl()rs
InLrL<lSL in LfLdilorb
(10,213)
(824)
23,165
2,035
524
25,694
1,846
3,289
Net cash provided by operations
15,511
30,005
ANALYSIS OF CHANGES IN NET FUNDS
At 1/4124
Cash flow
Al 3113125
Net cash
Cash al bank
118,570
15,511
134,081
118,570
15,511
134,081
Tolal
118,570
15,511
134,081
The notes form part of these financial staternents
15

South Belfast Sure Start
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Summary of significant accounting policies
(a) General information and basis of preparation
South Beifasl Sure .%larl is conslilule(l as a company limited by guarantee incoTporaled iii Noi'ihern
Ircland (Nll)4()1)6(1). In ihe evenl of th¢ Lh4lTily being would up, the liability in respect of the guarantee
is limiled lo £1 per member of the charity.
Thc charity conslilules a public benelil enlily a8 delined by FRS 102. The financial stalemenls have
been prcparcd in accord¢ince wilh ALL(iunling and Reporling by ChariliLS: Slalcmcnl of
RccommLnded Praclice appliL<ible Io Lharilies preparing their accounts in acLordance wilh ihe
Financi(Il Reporting Slandard appliLable in the UK and Republic of Ireland issued in 2019 ihe
Financi(Il Rep()rting Sl¢indard applicable in the United Kingdom and Republic of Ircland (FRS 102),
IhL Ch(Irilies ALt (Norihern Ireland) 2013, Ihe Companies Acl 2006 and UK Gcnerally ALLLpled
PractiLc.
The financial stalemenls arc prcparcd on a going conccrn b<lSi% under Ihe historical cost L()nvention,
modiflcd lo include ccrlaln ilcms at fair value. The findnLial slalLmLnts arc prL%cnlLd in slerling
which is ihe funclional currcncy of Ihc charily..
Thc significconl accounling wlicics applicd in Ihc prcparation of thcsc financial %latcmcnts arc scl oul
bclow. ThL.%L p(IliLiLs h¢lVL bLLn LunsislLnlly <ippliLd Iu all yLdrs prcsenlLd unlLss olliLrwisL' sldlcd.
(b) Funds
UnrL%lriLILd fund% (Irc <ivail(Iblc lor use at Ihc disLrction of Ihc Iruslecs in furlhcr<inLc of Ihe gcnL'ral
objcLlivcs of the charily and which havc not bcen dcsignaled for oihcr purp()scs.
Dc.signalcd funds comprisc unrcslriclcd funds Ihai have been set (1.8idc by Ihe Iru8lecs f()r parlicular
purp()%cs. Thc aim and u%e of eaLh dL'4igynalLd fund is sct out in Ihc notc5 to Ihc financial sl(Ilcmcnls.
RestriLILd funds are fund5 which arc to be uscd in accordance with specific rcstriclions imposed by
don()rs or which h¢ive bLen r(li5cd by thc charily for particular purposcs. Thc cost ol raising iind
<idmini51cringy 5uLh funds arc chargcd againsl the specific lund. The aim and usc of each reslricled
fund is sct out in thc notcs to Ihc linancial sldlcmcnts.
Furihcr explanation of ihe nalure and purpose of each fund is included in the notes lo the financial
slalemenls.
(c) Income recognition
All incoming resource5 are included in the Stalcmenl of Financial Aclivilies (SOFA) when Ihe charity
is legally entilled to the incomc aftcr any perlorniance condilions have been mel, Ihe amount Lan be
measured reliably and il is probable ihat the income will be received.
16
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Summary of significant accounting policies
For donations to be recognised Ihc chariiy will have been notified of ihe amounts and ihc seltlement
dale in writing. If there are condilions allachcd lo ihe donation and ihis requircs a level of
performance before entillemenl can be obtaincd iheii income is dcfcrred until ihose conditions are
fully met or the fulfilment of those conditions is wiihin ihe control of the charily and it 18 probable
that they will be luifilled.volunlary income is reccivcd by way of grants, donations and gills and is
included in lull in Ihe Slalement of Financial Aclivilies (SOFA) when rcceivable. Income received
Irom colleLlions is rccognised whcn received.
Donated facilities and donalcd professional services are recognised in income al their fair v(Ilue when
their economic benefit is probablc, il can bc me&sured reliahly and the charlty has conlrol over the
item. Fair valuc is detcmiincd on Ihc basis of the valuL of ihL gifi to ihe charily. For example ihe
amouni Ihc charity would bc willing i() pay in Ihe open markel for %ULh faLililic8 and services. A
corrc4ponding amounl is rccognisLd in LXPLndilure.
No amounl is inLludcd in the financi<il sl¢ltemenls for volunteer time in line with Ihe SORP (FRS I(12).
FurihcT dLI(iil is givLn in IhL Tru51ecs' Annual Rcport.
For Icgy(ILICS, LnliilLmLnt ihc LiirliLr of the charily being noliflcd of dn impcndingy dislribuli()n r)r Ihe
IcgaLy bcing rcccivcd. Al thi% poinl incomc is rcLogni4cd. On ()ccasi()n legaLAc% will bL' nolificd i() Ihe
Lh<irily h()WCVLr il is not po.4.sible lo mc'cisurL' IhL am()unl LxpcLILd lo bL' di%lribulLd. On Ihcse
oLLa.%A()ns, IhL' IcgydLy IS trL¢ilc'd <1% 41 LonlingvLnl (ISbLI lind disLloscd.
Inc()mo from Irading aLlivilie% inLludcs incomc carncd from fundraising cvcnls and trading aLlivitics
lo r¢liSC fund.% lor IhL' Lhdrily. InLomc is rcccivcd in cxchangyc for supplying goods and Se￿ICeS in
ordcr lo rai5c £'unds lind is rccogniscd whcn cntillcmcnl ha% ocLurred.
Thc Lharily rcccives govcrnmenl grdnls which are detailed within Ihc ni)le8 lo these linancial
slalcmenls. InL()me from gy()vLrnmLnl (ind ()IhLr gr(In15 <irc rcLog7nisLd al f¢iif ViiluL whL'n Ihc ch¢irily
has cnliilcmcnt aflcr any perf()midnLe c()ndilions h(Ive bcen MLI, it is prob¢iblL Ihiii Ihe inci)me will be
received and the amounl can be me(Isured reliably. Il cnliilcmcnl is not met ihen ihcbe amounts are
delLrred.
(D) Expenditure recognition
All expendilure is accountcd for on an accruals basis, inclusive of VAT which Cdnnot be recovered
and has been classified undcr hcadings Ihal aggregale all costs relaled lo Ihe calegory. Expendilure is
rccogniscd whcrc thcrc is a legal or conslruclive obligalion lo make paymenls lo ihird parties, it is
probable that Ihe sciilemenl will be required and the amount of the obligalion C<in be measurcd
reliably. Il is calegorised under the following headings:
Costs of raising funds includes the costs associated with allrdcting volunlary incomes.
Expendilure on charilable activities includcs those costs incurred by the charity in the dclivery of ils
activities and service5 for its beneficiaries. It includes both cosls thal can be allocatcd dirccily to SULh
activities and those costs of an indirect nature necessary lo supp()rl them. and
Other expenditure represcnts ihose items noi falling inlo the Lalegories above.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
17
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
AccouNfING POLICIES- continued
Summary of significant accounting policies
Granl.s payable lo third parlics arc wiihin ihe charitable objeclivcs. Where unconditional gran18 are
offered, Ihis is accrued as soon as the reLipient is nolificd of ihe grant, as ihis gives rise to a
reasonable expeLlalion that Ihc recipient will receive the granls. Where gran18 are Londiliohal relliling
lo perlorm(InLe then the grant is only acLrued when any unfulfilled conditions are outside of the
conlrol of Ihe charity.
(e) Support costs allocation
Support costs arc those ih<il assist the work of lh¢ Lharity bul do not direcily rcprescnl charitable
aclivilies and includc ol'fice Losls, govcrnancc co818, administrative payroll cosls. Thcy are incurrcd
dirLLtly in suppnrl ol ¢xpLndilure on ihc objcLl% ol Ihe charity and include projcLI managemcnt
carrlcd oul al Headqu4irlLrs. Where supporl Lo%ls L(Innol be directly allribuled Io P¢irliLular hcadingjs
Ihcy h<1Ve bccn dll()LalLd lo cosl of raising L'und5 and cxpendilurc on charil<iblL aLlivilics on a h¢l%iS
consi.slcnl wilh usL ()[ thc rcsourccs. PrLmi%LS ()vcrheads have bccn ¢illi)L(IILd ()n an inSLrl dclail hdsis
and nihcr ovcrhLads havc bcen allocalcd ()n ¢1 basis Lon%i.slcnl with ihc usc ()f rLs()urLe%.
Fund-r<ii%illg7 Losls arc ihi)8c inLurrLd in sccking v()lunlary Lonlribulions and do nol include thc cosls
of di%scminating information in support of the chdritablc aclivilic.8.
(Q Tangible fixed assets
Tangible lixcd a5scls arc %lalcd al cosl less aLcumulatL'd dcpreci<ilion and dLLumulalcd imp<iirmLnl
105sCs. Cosl includes cosls dirccily allribulablc lo m<iking the assct capdblc i)f opL'rdling as inlL'ndcd.
Dcprcciiilion is providcd on all tangible fixcd a8%cIs, (Il rdlcs Lc'ilLulalLd l() wrilc. ()ff Ihc cost, less
cslimdlLd rL%iduiil valuc, ol LaLh ds%LI on <1 sysILmalic b<15iS over ils LxpLclLd usL£'ul lifc (Is follows:
Prcmises
2% Straight Line
Compulcr Equipmcnl - 25% StraigThi Line
(g) Financial Instrnments
A financial assct or a findnLAal liability is recognised only when thc charily becomes a parly to the
conlraclual provision uf ihc in5trumcnt.
Basic financial instruments are inilially recognised al thc amounls receivable or payable including any
relaled IransaLtion costs.
Current assets and current liabilities are subsequently measured at the cash or other conslderalion
expcctcd lo bc paid or rLlived and not discounled.
Debi inslrumenls are subsequcnily measured at amortiscd cosl.
Where investments in sharcs are publiLly traded or iheir fair value can otherwise be measured
reliahly, Ihe inveslmcnt is subsequently measurcd al fair value wilh changes in fair valuc recognised
in income (Ind expcndilure.
All other such invcslmenls are subsequcnlly measurcd at cosl less
impairment.
18
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ACCOUNfING POLICIES - continued
Summary of significant accounting policies
oiher financial inslrumenls, inLluding derivatives, are initially recogni5ed at f<iir value, unless
payment for an assel is deferred beyond normal business terms or linanLed (Il ¢1 rate of interesl that is
nol a market rale, in which L(Ise the asset is measuiyd at the present value of Ihe fulure payments
discounled al a markel rate of interest for a similar debt inslrument.
Oiher financial inslrumcnts are sub%cqucntly mea%urcd al fair value wilh any changes reLogniscd in
th¢ slal¢menl of finanLial 4lLlivilics, wilh Ihe exLeplion ul hedgyingy inslrumcnls in a dLsignLd hedging
rel(Ilion%hip.
Financial ¢1ssel8 Ihal arc mL<isured at cosl or amortised cost are reviewed lor objcLlive evldencc of
imp<iirmLnl ai Ihe Lnd ol each reporting date. if Ihcre is objective evidcnLe of impairmcnl an
impairmLnl l()ss 1% rLLogniscd under the appropriate heading in ihe statement of financial aLIRvTrlies in
whiLli IhL inili<il gain is rLcognAscd.
For all cquily instruments regardless ol .significance, and ()ihcr linancial assels Ihal are individually
significant, Ihesc arc asscsscd individulilly for imp(iirmenl. oihLr findllci(Il a8%cls arc ciihLr asscssed
individually or grouped on Ihc b&sis ol similar crcdil risk LharaLlerislics.
Any rcvcrsals of impairmcnt arc rccogniscd immcdialcly, lo Ihc cxlcnt Ihal thc rcvcr8al doc% not rcsull
in (l Ldrryingi amiiunl ()E' IhL E'indllLi¢il ¢i%%LI Ihal CXLLLds whdl IhL L<irryingF arnuunl would have bL¢n
had ihL imp(iirmLnl nol prcvi()u%ly bLen rL'L()gyni%cd.
(h) Impairnient
AssL'ls nol mL'a%urLd al fair Vdluc arc rLviLwcd for any indiLcili()n that Ihc asscl mdy bc impairL'd al
caLh bdlancL shccl ddlc. If suLh indiLali()n exisls, Ihc reL()VLrable am()unl ()r ihL' a.%sLI, ()r ihL a%%LI'
Lash gcnLraling unit, i.s cslimcilLd rfind L()mpiirLd lo IhL' C<irryingy am()unl. WhLrL' IhL' Larrylng <imount
exLeeds il% rccovcrdblc am()unl, (In impliirmcnt 1055 is rcLog7niscd in prol'il or Ii)s% unlc%s ihL assLt IS
carried al a reviiluLd amount whLrc Ihc impairmcnl Ioss 15 a rcvaluation dccrease.
(i) Prnvisions
Provisions are reLngni%ed when thc charity has an obligation at thc balancc sheel dale as a rcsult of a
past evcnl, it is prob(Iblc that an outflow of cconomic bcncfits will be rcquircd in sctilcmcnl and Ihe
amount Clin bc reliably cslimatcd.
(i) Leases
Asscts acquircd undcr financc Icases are capilalised and depreciated over the shorlcr of the lease lerni
and ihc cxpcclcd uscful lile nf ihe assel. Minimum lease payments are apw)rlioned belwecn the
finance charge and the reduclion of the outstanding Icase liability using the effeclive interest meihod.
The relaled obligalions, nel of fulure finance charges, are included in creditors.
Rentals payable and reLeiv<ible under operating leases are charged to the SOFA on a straight line basis
ovcr the period of the lease.
(k) Tax
No provision is requiTed for taxation as the company is defined as a charity for taxation purtK)ses.
19
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - continued
Summary of significant accounting policies
The chariiy is a rLgisltirLd Lli(Irily and so such is entitled to certain tax exemptions on income and
profils from inveslments and surpluses on any trading activities carried on in furiherance of ihe
charily's primapj obiLclives, if Ihese profjts and surpluses are applied solely for charilable ￿rpOseS.
(l) Going concern
The financial slalements have becn prepared on a golng concern basis as the Iruslees believe that no
matcrial unccrlaintics cxisl. The Iruslccs hav¢ considLred Ihe l¢vL'I of funds hcl(l and ihe expcclcd
level of income and expcndilurc for 12 m()nih,8 fr()m auihi)ri8ing Ihc8e I'in¢illci¢il 8lalcmenls. Thc
budgcled income and expendilurc is sufficient wilh Ihe level of Te.8erves lor ihe Lharily lo be able lo
conlinue as a going conccrn.
(m) Accounting estimates and areas of judgement
The prcparalion of Ihe financial slalcmcnl.s requires managLmLnt li) mlikc judgyLmcnt8, cslimates and
assumpiions thal affccl Ihc am()unt8 fLP()rlcd. Thc5e cstimales and judgFLmLntS lire continually
revicwcd and arc bascd ()n cxpLriLncc and oihcr faclors, including expcclalions ol future cvcnls ih(Il
are bclicvcd lo bc re<l￿)n11bIe under ihc circumslances.
The ilL'm8 in Ihe linancial %talcmcnls whcre Ihcse judgemcnls and eslimales have been made AnLludc:
(i) Lslim(Iling7 ihc u5Lful LLonomiL lilL uf iangiblc I'ixL'd (Issc'ls
(li) pr()pcrly V<ilu<ili()n
(iii) allocation of expendilurc and supp()rt cosls
Fund accounting
Thc C()mpany has various typcs of funds for which il is responsible, and which require scparale
disLlosurc.
UnreslriLled funds c(In be used in accordance wilh Ihc charitablc objcclivcs al Ihc discrction of the
trustees.
Rcslriclcd funds can only bc uscd for particular reslrALled purposes within the objccls of Ihe charily.
Rcslriclions arisc whcn specilied by ihe d()nor or when funds ¢ire r<iised for Piirlicul<ir reblricled
purposcs.
Furiher explanalion of the nature and purpose of each fund is included in the notcs to the financial
statements.
Pension costs and other post-retirement benefits
Thc ch<irit<ibl¢ company operates a dcfincd conlribulion pension scheme. Contributions payable lo
the charilable company'5 pcnsion schcme are charged io Ihe Slalemenl of Financial Aclivilies in the
pcriod to which they rclalc.
20
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
DONATIONS AND LEGACIES
31.3.25
31.3.24
Donalions
100
l(K)
OTHER TRADING ACTIVITIES
31.3.25
31.3.24
Other Income
14,476
10,746
INCOME FROM CHARITABLE ACTIVITIES
31.3.25
31.3.24
AclivAIy
Granl Incomc
Grants receivable
1,276,395
1,181,345
Griints rcceived, Ancludcd in Ihc ab()ve, arc as 1011()ws:
31.3.25
31.3.24
Dcparlmcnt of Education (Ihr()ugh SPPG)
BHSCT - R()ma Pr()jcLI
Bclv(iir C()mmunily Hub
STEP- Forward Souih Piirlne]ship/ Dcparlmcnl ol. Educallon
TEO Urban Vill£igcs - 'A PltiLe for Mc, Pr()jcLI
Forward South - WinlLr Hdrd4hip Fund
DE Fair Slarl - Roma H()pc ProjL'Lt
1,151,686
3,255
3,125
63,6(11)
1,046,987
1,41)0
2,750
61,744
25,492
5()0
42,472
54,729
1,276,395
1,181,345
CHARITABLE A￿]VITIEs COSTS
Support
costs (sce
nolc 6)
Direct
Costs
Totals
Direcl Charilable Expenditure
Governance
1,294,113
1,294,113
7,(171
7,071
1,294,113
7,071
1,301,184
21
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
SUPPORT COSTS
Governance
Governance
7,071
NET INCOMEI(EXPENDrruRE)
Ncl income/(cxpendilurc) is slalcd afier charging(crediling):
31.3.25
31.3.24
Audilor.s' rcmuncration
ALL()unlanLy FLL
DeprLLiali()n - owned asscts
1,5()0
2,940
23,165
1,5(H)
2,8CJ8
25,6CJ4
TRUSTEES, REMUNERATION AND BENEFITS
Thcrc wcrc n() Iru%lLLS' rLrnuncralion or other bcncfils for ihe ye<ir ended 31 M(IrLh 2025 nor for Ihe
yC&ir cndcd 31 March 2024.
Trustees, expenses
Thcrc were no trustccs, cxpcn%cs Paid for the ycar endcd 31 MdfLh 2025 nor for Ihc year endcd
31 March 2024.
STAFF COSTS
31.3.25
31.3.24
Wages and saldrics
Social securily cosls
oiher pension costs
947,687
49,512
45,588
856,601
39,405
27,323
1,042,787
923,329
The averagc monthly number ofemployees during Ihe year was as follows:
31.3.25
51
31.3.24
50
Management & Administration
No employccs received emoluments in excess of £60,000.
The key managcmcni personnel ol the charily comprise of Ihe Chief Execulive Officer, Early
t£arning and Family Suppori Co-ordin<ilors. The S<il<iries P<iid to key m(Inagement pepionnel being the
Chief Execulive Ofl'icer, Early Le(Irning and Family Support Co-ordinator5 (Ind Finance Managcr,
during the year lot<illed £201,322 (2024: £179,203).
22
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfivITIES
Unrestricted
Restricted
funds
lunds
Tolal
funds
INCOMEAND ENDOWMENTS FROM
Donations and legacies
i(x)
i(x)
Charitable activities
Grant Incorne
1,181,345
1,181,345
Other trading activities
10,746
10,746
Total
10,846
1,181,345
1,192,191
EXPENDITURE ON
Charitable activities
DircLI Charllable Expcndilure
GovernanLe
1,185,817
7,198
1,185,817
7,198
Total
1,193,015
1,193,(115
NET INCOME/(EXPENDITURE)
10,846
(11,670)
(824)
RECONCILIATJON OF FUNDS
Tolal funds brought forward
127,555
1,001,285
1,128,840
TOTAL FUNDS CARRIED
FORWARD
138,401
989,615
1,128,016
11. TANGIBLE FIXED ASSETS
Computers
& Equipment
Prcrniscs
Totals
COST
At l April 2024 and 31 March 2025
1,158,228
65,672
1,223,9(X)
DEPRECIATION
At l April 2024
Charge for year
191,043
23,165
65,672
256,715
23,165
At 31 March 2025
214,208
65,672
279,880
NET BOOK VALUE
At 31 MarLh 2025
944,020
944,020
At 31 March 2024
967,185
967,185
continued...

South Belfast Sure Start
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
DE (STEP Project)
TEO - Urban Villages
DE (SPPG)
DE Fair Start - Roma Hope
Project
Prepayments and accrued incomc
22,605
19,237
11,889
1,495
1,495
26,477
2,000
19,991
2,0()O
52,577
54,612
13. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
31.3.25
31.3.24
Accruals and deferred income
12,875
12,351
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.25
Toldl
funds
31.3.24
T()Idl
UnrcslriLlcd
RcslriLlcd
funds
Fixcd ii%sels
CurrLnl a%%LIs
Currcnl liabililics
944,020
34,351
(12,875)
944,021)
1146,658
(12,875)
967,185
173,182
(12,351)
152,307
152,3()7
965,496
1,117,803
1,128,016
continucd...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS
Net
movement
in lunds
At
3113125
At 114124
Unrestricted funds
General fund
138,401
13,906
152,307
Restricted funds
Dcparlmcnl of Education (Capital -
Bclvoir) (IhroughSPPG)
ljclfasl Ciiy CounLiI (Capilal LIF) -
Thc Markcls
BHSCT- Roma Projccl
LIF - C¢ipII(Il-(B¢lvoir Ouldi)()r ArLa)
S()Ll(Il InvL%lmLnl Fund C<ipilal - SIF
ThL ExLLulivL OE'I'ILL - SIF-
BLlv()irrr<iugphrn()nagyh Clipilal
SoLial InvL%lmcnl Fund - BSEI
Windsor Womcns Cenlre
Bclvoir C()mmunily Hub
TEO Urban Villages - 'A PlaLc for Mc,
Pr()jL'LI
334,823
(8,426)
326,397
251,586
7,246
60,()68
13,418
(5,931)
1,833
(1,501)
(320)
245,655
9,(179
58,567
13,1)98
302,785
1,885
(6,987)
(1,750)
295,798
135
2,000
5,890
4,505
1,385
11,299
(2,422)
8,877
989,615
(24,119)
965,496
TOTAL FUNDS
1,128,016
(10,213)
1,117,803
continued...

South Belfast Sure Start
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
15.
MOVEMENT IN FUNDS - continued
Nel movement in funds, included in the above are as follows:
Incoming
resources
Resources
exiiendcd
Movement
in funds
Unrestricted funds
General fund
14,576
(670)
13,906
Restricted funds
Dcpdrlmcnl ul- EduLation (through
SPPG)
DLpartmcnt of Education (Capital -
BLlvoir) (Ihroug?hSPPG)
Bclfdst City Council (Capital LIF) -
The MarkLIs
IIHscf - Roma Projccl
LIF - Capilal-(13clvi)ir Ouldo()r Area)
SoLi<il Invc81mcnl Fund Cdpillil SIF
Thc Excculivc Office - SIF -
Bclv()irtr(iugyhmonag7h Capital
S(ILl<il InvL%lmLnl Fund - IISEI
L4Llv()ir C()mmunily Hub
STEP - Forwiird S()ulh Pdrlnership/
Dcpdrlmcnl of EduLation
TEO Urban Villdgcs- 'A Pl<lCL for Me,
Pr()jL'ct
DE F<iir Siarl - Roma H()pc Project
1,151,686
(1,151,686)
(8,426)
(8,426)
(5,9.31)
(1,422)
(1,5()1)
(5,931)
1,833
(1,51)1)
(32())
3,255
(6,987)
(1,75(1)
(1,740)
(6,CJ87)
(1,75())
1,385
3,125
63,(100
(63,()IK))
(2,422)
(54,729)
(2,422)
54,729
1,276,395
(1,31HI,514)
(24,119)
TOTAL FUNDS
1,290,971
(1,301,184)
(10,213)
continued...

South Belfast Sure Start
Notes to the Financial Statements . continued
for the Year Ended 31 March 2025
15.
MOVEMEKf IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
At
3113124
At 114123
Unrestricted funds
General fund
127,555
10,846
138,401
Restricted funds
DcpdrlmLnl of EduLation (Capital -
Belvoir) (IhroughSPPG)
Belfast Cily Council (Capital LIF) -
The Mdrkels
BHSCT - Roma Project
LIF - Capilal-(Belvoir Ouidn()r Area)
Social InvcslmLnl Fund C<ipII(Il - SIF
Thc ExcLulivc OffiLL - SIF-
BLlvoirrf(iughm()nagh C£lPjtal
SoLial Invc%lmenl Fund - BSEI
Wind%()r W()mcns CLnlrc
13Llvi)ir C()mmunily Hub
TEO Urban VilldgvLs - 'A PlacL' for Me,
Pr()jcLI
TEO Urban Villdgics Kccping Warm
Slaying Safe
343,249
(8,426)
334,823
257,517
5,846
61,569
13,738
(5,931)
1,4(Kl
(1,5()1)
(320)
251,586
7,246
60,()68
13,418
309,772
1,885
2,(H)O
3,,060
(6,987)
302,785
1,885
2,IM)O
4,505
1,445
2,169
9,130
11,299
480
(480)
I,(K)1,285
(11,670)
989,615
TOTAL FUNDS
1,128,840
(824)
1,128,()16
27
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15.
MOVEMENT IN FUNDS - continued
Comparalive net movemenl in funds, included in ihe above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
10,846
10,846
Restricted funds
Dep<irlmLnl Ill- Education (Ihri)ugh
SPPG)
1,046,987
(1,046,987)
Dep<irlmLnt ol Education (Capital
Bclvoir) (IhrougyliSPPG)
Bclfasl City CounLil (Capilal LIF)
ThL Mdrkcls
IIHSCT- Roma Projccl
LIF - Capilal-(Bclvoir Ouido()r Arca)
Social Invcslmcnl Fund Capil<il SIF
Thc ExcLulAvc officc - SIF-
Bclv()ArrriiugYhm()n(Igyh Clipilal
13clv()ir C()mmunily Hub
STEP - F(Irw(Ird Si)ulh P<irlncr5hip/
DLp<irlmcnl {)[ EduLali()n
TEO Urb£in VillagL'S - 'A Place for Me,
Pr()jccl
F()rward S()uih - WinlLr Hard4hAp Fund
DE Fiiir Sicirl - R()m¢l H(Ipc ProjLLI
TEO Urb<in VilldgLs Kccping Warm
Staying S(Ifc
(8,426)
(8,426)
(5,931)
(5,931)
1,4(M)
(1,501)
(320)
1,400
(1,501)
(32())
(6,987)
(1,305)
(6,987)
1,445
2,750
61,744
(61,744)
25,492
500
42,472
(16,362)
(511())
(42,472)
9,130
(480)
(480)
1,181,345
(1,193,015)
(11,670)
TOTAL FUNDS
1,192,191
(1,193,015)
(824)
16. CONTINGENT L￿BILITIEs
A conlingcnl liabilily exisls to repay grants received .should certain conditions not be fulfilled by Ihe
charily.
continued...

South Belfast Sure Start
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
17. COMPANY CHARGE
A Comp<iny charge was created on 7th April 2014 belween Souih Belfast Sure Siarl and The
Departinent of EduLalion. The Charge Lon5isled of Ihe pr¢mi8e8 LDmpri8ed in an indenture of
Conveyance dated 12 March 2014 and rnlide belween Belfast HLalih and Sncial Carc Trust of the one
part and South Belfast Sure Slart was on, the other part.The premises conlained in Ihe lease was all
Ihai portion of land lind premises being part of the land of Bclvoir situated in ihe Townland of
Ballylenaghan Parish of KnoLkbreda, Co.Down.
An()ther Lornpany charge wa5 created on 31st July 2020 belween Souih Belfast Sure Siarl <ind The
ExL'Lulive oifiLe. The Llidrge consisted of the premises Lonl(iinvd in foli() DN2(12fi89 Co D()wn being
Belvoir Clinic & Library, 52 Drumart Square, Belfast, BT4 4DL. C()nlain% ncg(Ilive plcdge.
18. RELATED PARTY DISCLOSURES
Thcre were no related p(Irly Irans<lLtions for Ihc year ended 31 March 2025.
19. FRC ETHICAL STANDARD - PROVISIONS AVAIIABLE FOR SMALL ENTITIES
In Lommon wilh mliny oihcr bu%inL'SSCS ol our size and nature wc use our audilors lo prepare dnd
submil rcturns lo thL lax auihorilies and a8Si%t with thc prL'paralion of Ihc fAniincAal slalements.
20. POST BALANCE SHEET EVENTS
Thcrc wcr¢ no Evcnts altcr ihc rcporling pcriod Iheref(Ire ni) m(Ilcridl issucs nccd di.sclo%Ld.
21. WINDING UP
Evcry mcmbcr of Ihc Company undcrlakc% to contribulc to Ihc asscls nf Ihc Company, in Ihc evcnt of
thc samc bLingy wound up whilc il is a mLmbcr, or wiihin onc ycar (IfiLr il LLabLs lo hL <1 m¢mbLr, lor
paymcnt ol Ihc dcbls and liabllilics of Ihc Company Lonlraclcd bcforc it ccasLs to bc <1 mcmbcr, and of
Ihc cosl.s, chargycs and expenses of winding up, and for Ihc adjustmcnt ol Ihc righls of thc conlribulor's
among Ihcmselves, such iimounl as may be required not exceeding one pound.
22. SHARE CAPITAL
The Company is Limiled by Guiiranlee and has no Share Capilal
29

South Belfast Sure Start
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
D()nalii',I I
100
100
Other trading activities
Other Income
14,476
10,746
Charitable activities
Gr<inls rLLLiv<ible
1,276,395
1,181,345
Total incoming resources
1,290,971
1,192,191
EXPENDrruRE
Charitable activities
Wages
Social sccurity
Pcnsions
In%ur<inLL'
Ligihi ¢ind hcal
TLILph(In
Pi)%lilgYL (Ind %talioncry
Sundrics
Training Cosls
Bank Slaff
RL'pair% & MciinlcnanLL'
C()mpulLr Mdinleniince & IT
Hospilalily
Clcaning
Conlcrcnccs & Mcclings
Direci Projcci Costs
PholoLopying
Molnr & Travel
RL'%()urLes & Toys
Vcnuc C05ls
Urban Villages Programmc Costs
Water charges
Lcasc
Uniforms
Belvi)ir Hub
Wind50r Womens Cenlrc SLA
Carried forward
947,687
49,512
45,588
11,585
5,124
9,867
4,828
995
5,298
2,593
226
4,668
881
2,718
1,109
18,113
1,931
8,572
17,997
43,716
2,640
434
10,000
1,445
1,740
16,000
1,215,267
856,601
39,405
27,323
9,864
,),4(11
12,277
2,92()
52
2,642
-3,891
5,622
4,601
904
2,228
806
17,315
1,228
8,039
17,424
27,200
1(),665
412
10,000
1,120
1,305
21,630
1,094,875
This page docs not form part of the statutory financial slalemenls
30

South Belfast Sure Start
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
Charitable aclivities
Brought forward
DE Fair Share- Roma Hope Projecl
Solas SLA
STEP
Depreciation of tangible fixed assets
1,215,267
5,349
16,000
34,332
23,165
1,094,875
10,530
13,520
41,198
25,694
1,294,113
1,185,817
Support costs
Governance costs
Audilors, remunLralion
ALC()unlancy FLL
t£gal & Prolc%%i()n<il Costs
Bank FLe.s
1,500
2,940
1,756
875
1,500
2,898
1,728
1,072
7,071
7,198
Total rcsourLes expended
1,301,184
1,193,015
Net expenditure
(10,213)
(824)
This page does not forni part of ihe statutory financial statements
31