REGISTERED COMPANY NUMBER: NI 042091 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC 103284 ort of the Trustees and Financial Statements for the Year Ended 31 March 2025 for Colin Nei Acom hbourhood Sure Stsrt Pr an Limited b Guarantee Lynn Drak¢ & Co Ltd Statutory Audito I st FIooT 34 B-D Main Street Moira Co. Arniagh B T67 OLE
Colin Nei hbourho d Sure Start Pro'ect ontents of the Financial Statements for the Year Ended 31 M2rch 2025 Page Reference and Administrative Detsils Report of the Trustees Report of the Independent Auditors 10 to 13 Statement of Financial Activities 14 Statement of Financial Position 15 Statement of Cash Flows 16 Notes to the Statement of Cash Flows 17 Notes to the FAnancial Statements 18 to 28 Detailed Statement of Financial Activities 29 to 30
Colin Nei hbourhood ure Stsrt Pro eet Reference and Administrative Details for the Year Ended 31 March 2025 TRUSTEES Theresa Brady Miss Carla Leah Fraser (resigned 11912024) David Simpson Florence Davidson Judith Searle Hugh Moore Sarah Grant-Jones Gerard Heery Lisa Samantha Maclean Claire Le Mahieu (appointed 281512024) REGISTERED OFFICE Unit 21 Dairy Farni Complex Stewartstown Road Dunmury Co. Antrtm BT17 OAW REGISTERED COMPANY NUIVIBER N1042091 (Northem Ireland) REGISTERED CHARITY NUMBER NIC 103284 AUDITORS Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Arfftagh BT67 OLE CHtEF EXEC OFFICER Roger Winter
Colin Nei hbourhood Sur Start Pro eet ort f the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Acl 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Staternent of Recommended Practice applicable to charities Preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).
Colin Nei hbourhood Sure Start Pro eet ort of the Trustees for the Year Ended 31 March 2025 ORJECTIVES AND ACTIVTTIES Principle Activities and Future Development Thc Company encompasses the following activities: To enhance the development and education of children below statutory age and to relieve povety, Sickness and distress among those in necessitous circumstances in Colin Neighbourhood. Colin Sure Start is a government led programme working with parents and children under the age of four in the Colin area. Our main focus is to vaIue and support all children aged 0-4 and their families by providing free services, activities and programmes that focus on early education, health, family support and play development. Our vision is to reach out to families with children aged 0-4 years...laying foundations, creating opportunities and working in partnership to give every child the best possible start in life. The aims of Sure Start are to complement the work of existing local services and provide young families with advice on where to go and who to speak to, if they have more specialised needs or problems. The ongoing support that Sure Start provides can help to make sure that children flourish both at home and when they go to school. Sure Start aims to improve the ability to learn, health and social development of the children that use its services. The Sure Start programrne is supported by a number of key principles: To coordinate, streamline and add value to existing services for young children and their families in local communities To involve parents To avoid stigma To ensure lasting support To be sensitive to local families, needs To promote the participation of all local families Sur¢ Start work is focused on six high outcomes to ensure children are: Being healthy Enjoying learning and achieving Living in safety and with stability Living in a society which respects their rights Experiencing economic and environmental wellbeing Contributing positively to community and society Colin Sure Start broadly delivers two types of service in the local community; Early Years Services and Family Services. Within each of these are&s we offer a diverse range of prograTnmes, activities and support that families can avail of. Project review 2024125: The project moved into this financiaI year in a challenging staffing position having discontinued 2.5 posts duc to planning for a cash flat budget position, which included our fathers worker post and a p/t early years post. The project also began the financial year still covering several maternity leaves, including 2 senior management posts, one of which returned in QI and the other in Q2, which was a big support to the management team within the project. Following receipt of our budget and contract which included an uplift to our funding, the Board of Directors took the decisTon to bring back some of these roles and recruitment began, although this proved challenging in Q3 & Q4, with the project stTII operating with severaI vacant posts, including our ELC rnanager post resulting in sev¢Tal in-year redeployments. Recruitment across the Early Years and community and voluntary sector has been a challenge over the year.
olin Nei hb urh d Sure Start Pr or of the Trustees for the Year Ended 31 March 2025 Despite the above staffing challenges, the project managed a signifIcant amount of delivery and met or exceeded 125 Core targets out of a total of 140, 890/0. In many cases, targets were significantly exceeded demonstraling both the demand for these services, but also an incredible effort by our staff team, often running back-to-back sessions in some programmes to accommodate bigger numbers. These included postnalal programmes and drop in groups, for example our Parent and Toddler groups, (4 per week, target: 100 unique children, achieved: 156 unique children) Rhythm. Rhyme and Story Time (2 per week, target: 90 unique children, achieved: 120 unique children. For some postnatal programmes such as Baby M&%sage, we achieved more than double the target set for the year (6 programmes per year, target: 42 unique childrcn, achieved: 90 unique children) and Baby Yoga too had excellent uptake (6 programmes per year, target: 42 unique childr¢n, achieved 81 unique children). Also very encouraging to see w&8 the engagement in GroBrain our programme supporting parents with infom]ation about their baby's developing brain and how they can support with engaging activities and ommunication (6 programmes per year, tsrget: 42 unique parents, achieved 62 unique parents) with very positive feedback from parents who participated (see links below). Our Antenatal service went from strength to strength with another increlse in engagement this year, with total of 119 antenatal parents recorded in year, up from 95 the previous 23-24 year. The project continued to invest in professional development during the year, and a number of staff training opportunities continued during the period, with the full staff team receiving a specific training on creativity and supporting creative environments in early years with Pete Moorhouse in September. Our SLT also delivered a bespoke training programme to our whole team on Gestalt Languag¢ Processing {GLP) and supporting children with speech delay using this method. 2 of our new Family Support team have been trained in Baby Massage and Baby Yogi and we continue to work closely with the SE Trust Child Development Interventions Coordirlator in supporting the delivery of our evidence-based parenting programmes such as Incredible Years, including professional development opportunities for our facilitators, The project is exploring getting some of our staff trained in the Incredible Years programme for supporting children with Autism or additional needs. BFI accreditation process continued with the project passing our audit in Q4 for the Stage 3 UNICEF tog¢th¢r with the other 4 projects in the South Eastem CCP region. a m&%sive achievement and a credit to a]1 the staff involved, particularly the Level 3 Bre&stfeeding Champion in the projecL our Health Practitioner. The project also supported a number of our Early Years team to achieve further professional qualifications, one staff member undertaking a Level 3 and two in a Level 5 in CCLD. and the project has started to roll out a pilot Apprenticeship Scheme to support candidates who are CUentlY unqualified but interested in starting a career in early years, with the applications cUentlY open for this for the incoming academic year from September 2025. The 11 project staff team. management and Board of Directors met in January for a 3-Yw planning meeting to look at some of the area and census data for the Colin Area across a number of health, education and wellbeing outcomes. and put together a plan for the next 3-Ye period targeting improving outcomes over a number of key areas and identifying emerging need within OUT community and how we plan to address this over the next 3 year period.
olin Iyei hbourhood Sure tart Pro ect Re ort of the Trustees for the Year Ended 31 March 2025 ORJECTIVES AND ACTtvrTIES Public benefit Public benefits are: . (a)The promotion for the public benefit of urban regeneration in the Colin area and the surrounding catchment are&q in Belfast and the City of Lisburn (the area of benefit ), an aTea of social and econornic deprivation, by all or any of the following means: l. The development and education of children below statutory age 2. Better understanding of the physical, emotional and mental health needs of children and adults in the community with better health and well-being will having an impact from pregnancy to early development 3. The relief of povety in such ways as may be thought flt 4. The provision of recTeational facilities for families or those who by rwon of their youth, age, infirn]ity or disablernent, povety or social and economic circumstances, have need of such facilities. The direct benefits which flow from this purpose are improvements in the social/economic circumstances of parents/children living in the area of benefit including greater access to training and education programmes/guidance, and stronger participation of all age groups. Thi5 promotes neighbourhood renewal, resilience and healthier communities. These, benefits are demonstrated through member's feedbacl quarterlylannual activity reports and outcomes-based evaluation. This purpose does not lead to hann. The beneficiaries of this purpose are all parents and children. (a) private benefit to trustees may arise if the knowledge they gain as a trustee to good governance and urban regeneration is transferable to another setting. These benefits are incidental and necessary to ensure the benefit is provided to the b¢neficiaries. (b)To provide encouragement and practical support services to existing and new parents's groups in the area of benefit so as to increase their effici¢ncy and effectiveness in achieving their charitable airns. The direct benefit which flows from this purpose is that knowledge and skills are transferred to support parents's groups in the area of benefit, increasing levels of skills and capacity to achieve their charitable aims. Evidence to demonstrate this benefit will be the sustainability of par¢nts's and children's activity within the area of benefit. This pury)ose does not lead to harni, The beneficiaries of this purpose are all parents and children. There is no private benefit arising from this purpose. (c)To develop the capacity and skills of parents in the area of benefit in such a way that they are better able to identify, and help meeL their needs and to participate rnore fully in socicty. The direct benefit which flows from this purpos¢ 15 that through d¢v¢loping a self-help model, families are supported to build their capacity and skills to identify their needs and to develop services to meet their distinct needs. The evidence to demonstrate this benefit is provided from members, feedback, incre&s¢d representation on comrnunity forumslnetworks, quarterly/annual monitoring and activity reports. This purpose docs not lead to harm. Th¢ beneficiaries of this purpose are all families and children. There is no private benefit arising from this purpose. (d)To piomote social inclusion, equality of opportunity and good relations across all diversity strands, including race. ethnicity, gender, age, sexual orientation, religion and disability and to encourage div¢TSity. The direct benefit which flows from this purpose is that the project will contribut¢ to the development of a more inclusive, equitable and diverse society through delivery of good relations programmes. This will increase local understanding and acceptance of diversity. These benefits are demonstrated through gr¢ater inclusively and diversity within membership/community. This purpose does not lead to hann. The beneficiaries of this Purpose are all parents and children. There is no private benefit arising from this purpose.
Colin Nei hbourhood Sure Start Pro ect ort f the Trustees for the Year Ended 31 March 2025 STRATEGIC REPORT Finaneial position The company had net outgoing resources for the year of £12,214 (2024: net incoming resources of £2,577), which reflected the completion of a number of projects during the year. Unrestricted funds decreased during the year by £232 whilst restricted funds decreased by £11,982. Principle funding sources Principle funders are: - Easfrrn Childcare Partnership - SEHSCT - Fruit + Vegetables Programme Public Health Agency - Colin Neighbourhood Partnership Reserves policy The Charity is funded by the Eastern Health and Social Services Board through the South Eastern Health & Social Care Trust. On Occasion the charity also receives restricted income from other funders. The Charity has to monitor its compliance with the policy of funding on a regular basis.Principle funding sources are the Department of Education. Future plans The project is focussing on returning to a full staff with a comprehensive recruitment campaign to fill vacant posts. The project has also begun a pilot apprenticeship scheme and will be taking on one or two appticeS this Cuent business year with a view to developing the next generation of early years practitioners. The project continues to work closely with Trust statutory services and plans to further develop and bed in a pilot programme that was tested at the end of 24-25 financial year, supporting children who are on the waiting list foT assessment of learning difficulties or additional needs. The project is detennined to continue some recent positive development of outside play opportunities and spaces for such activities, and sharing the benefits of the outdoor environment for children's health with parents and carers. The project continues to develop services for newcom¢r families or families where in English is a second language. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Governance of the Ch8rity During the period under review the directors met monthly. Trustees/dir¢ctors are appointed by nominations made in writing by any existing director. At the GeneraI Meeting nominated directors are appointed by election.
olin Nei hbollrhood Sure Stsrt Pro ect f the Trustees for the Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties Colin Neighbourhood Sure Slart Project has no directly related parties but does have partner organisations. Colin Sure Start works closely with a number of partner organisations throughout the Colin are& These partnerships help us achieve a cohesive approach to Early Years education and health promotion in Colin and give locaI residents the best service that we can. We currently fund a number of organisations and a]so work closely in partnership with other relevant bodies. Barnardos Travellers Early Years, Service - Colin Sure Start currently funds Bamardos to help support local travellers in the Colin area with children from 0-4. lonad Na Fuiseoige lonad Na Fuiseoige is a local Irish immersion family centre and crèche. Colin Sure Start currently assist the centre to provide one of our Sure Start Developmental Programme for Two Year Olds prograrnmes and a crèche. We also use the centre to deliver a weekly parent and toddlers group and other progrllMe$ and activities. South E&8tem Health and Social Care Trust - Colin Sure Start works in close partnership with the SEHSCT to deliver our Speech and Language support prOammes. St Luke's Family Centre - Cara House - Cara House offers support to families in the community through their parents drop in and programme of activities which are supported by our daily crèche facility for children aged 0-4 years. Their range of programmes aim to improve personal development, provide infonnation on family and personal health, learn new skills and support members of the community to move away from the benefits cycle and back into employment if that is their airn. Colin Sure Start cuentlY provides financial assistance to the centre to rlm their crèche. We aIso run several programmes and a¢tivitie5 in the facility.
olin Nei hbourhood Sure Start Pro ect ort of the Trustees for the Year Ended 31 Mareh 2025 STRUCTURE, GOVERNANCE AND MANAGEMENr Risk management The principles of good governance are embedded within all aspects of Colin Neighbourhood Sure Start Project Limited operations with management and staff being keenly aware of the Boards responsibility of ensuring that the organisation protects itself from financial exposure and reputational damage, A close working Telationship is maintained between the Board and management to ensure that operationally staff are aware of the standards required of them by the Board and the Board are always in a position to provide guidance and support to management in the discharge of their duties. This two way relationship is the key feature of Colin Neighbourhood Sure Start Project Limited governance arrangements and is a key strength in the company. A conscientious approach to ensuring that contractual project requirements are achieved has been maintained at all times both in the accounting period being reported on and since Colin Neighbourhood Sure Start Project Limited establishment. Very tight financial controls on expenditure and all financial commitments are maintained at all times and project staff have been trained and have become experierftced in budgetary controls.ln both these areas ie Project delivery and financial controls management all staff have established close working relationships with funding organisations to ensure all mandatory standards are Consistently achieved. Board representatives also actively engage with funding bodies. The Boar management and staff are fully aware that the nature of the work in which Colin Neighbourhood Sure Start Project Limited is involved can bring with it a high level of scrutiny to ensure that all activitics are fully compliant with funding requirements and,therefore, beyond repToach.The Board of Colin Neighbourhood Sure Start Project Limited is, therefore, greatly reassurcd of the company's compliance with the highest of standards of governance on the basis that all monitoring and evaluation of project delivery demonstrates achievetnent of all funders objectives and that funders, audits and vouching of financial expenditure and the statutory audit confiTm compliance with both probity and regularity in the use of monie5 received. EVENTS SINCE THE EM) OF THE YEAR Information relating to events since the end of the year is given in the notes to the financial statements. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Colin Neighbourhood Sure Start Project for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Unit¢d Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Cornpany law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resouTces and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policie5 and then apply them consistcntly. observe the methods and principles in the Charity SORP. make judgement5 and estimates that are reasonabl¢ and prudent" state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
lin Nei hbourhood Sure Start Pro ect ort of the Trustees for the Year Ended 31 March 2025 STATEMEIYT OF TRUSTEES, RESPONSIBILITIES - continued The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking re&sonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant audit inforn]ation of which the charitable company's auditOTS are unaware. and the trustees have taken all steps that they ought to have taken to make themselves aware of any rel¢vant audit infomiation and to establish that the auditors are aware of that inforniation. AUDoRs The auditors, Lynn Drake & Co Ltd, will be proposed for re-appolntment at the forthcoming Annual General Meeting. Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 25 July 2025 and signed on the board's behalf by: Judith Searle - Trustee
ort of the Inde endent Auditors to the Trustees and Members of Colin Nei hbourhood Sure Start Pro ect Opinion We have audited the financial statements of Colin Neighbourhood Sure Start Project (the 'charitable company,) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the fjnancial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs &8 at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with thes¢ requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going Concern In auditing the financial statements, we have concludcd that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfom]ed, we have not identified any material uncertainties relating to events or conditions thaL individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at le&st twelvc Months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trust¢¢s with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other information. The otheT infonnation comprises the infomation included in the Annual Report. other than the financial statements and our Report of the Independent Auditors ther¢on. Our opinion on the financial statements does not cover the other inforn]ation and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other inforniation and. in doing so, consider whether the other infonnation is materially inconsistent with the fInancial statements or our knowledge oblained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detemiine whether this gives rise to a material misstatement in the financial statements thems¢lves. If, based on the work we have performed, we conclude that there is a material misstatement of this other inforn]ation, wc are required to report that fact. We have nothing to report in this regard. io
Re ort of the Inde endent Auditors t the Trustee Colin Nei hbourhood Sure Stsrt Pro ect and Members of Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the infonnation given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements" and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the Course of the audit, we have not identified material misstatements in Ihe Report of the Trustees. We have nothing to report in respect of the following rnatte where the Companies Act 2006 requires us to report to 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 statements are not in agreement with the accounting records and returns. or ertain disclosures of trustees, remuneration specified by law are not made. or we have not received all the infomlation and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees detem]in¢ is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or eor. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going Concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease op¢rations, or have no realistic alternative but to do so.
ort of the Inde endent Auditors to the Trustees and Memb Colin Nei hbourhood Sure Start Pro ect rsor Our responsibilities for the audit of the financi21 statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatemenl whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable &ssurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the awegate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below- Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, ouilined above, to detect material misstatements in respect of irregularities, including fraud. In particular, we looked at where management made subjective judgements, for example in respect of accounting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion, we identifted the internal controls established to mitigate risks related to fraud or non-complianc¢ with laws and regulations and how management monitor these processes. Appropriate procedures included the review and testing of rnanual journals and key ¢stimates and judgements made by management for risk of fraud. Based on our understanding of the ¢ompany and industy, w¢ identified the principal risks of non-compliance with laws and regulations &s those that have a direct impact on the detennination of material amounts and disclosures in the financial statements. We evaluated managem¢nVs incentives and opportunities for fraudulent manipulation of the financial statements and identified the greatest potential for fraud. We communicated the identified laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. Audit procedures perfonned included. but were not limited to.. Discussions with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud: Reviewing the financial statement disclosures and testing to supporting documentation; Review of board meeting minutes of those charged with governance. In addressing the risk of fraud through management oveIde of controls, testing the appropriateness of journal entries and other adjustments. As part of an audit in accordance with ISAS (UK), w¢ exercise professional judgment and maintain professional scepticism throughout the audit. We also:. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perfonn audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detcting a tnaterial misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of intemal control. Obtain an understanding of internat control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expr¢ssing an opinion on the effectiveness of the charities internal control. 12
ort of the Inde endent Auditors to the Trust Colin Nei hbourhood Sure Start Pro eet and Members of Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Perfomi 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 on the audit evidence Obtaine whether a material uncertainty exists related to events or conditions that may cast Si11f1Cant doubt on the charities ability to continue as a going concern. If we conclude that a material uncertainty cxists, we are required to thaw attention in our auditor's report to the relaled disclosures in the financial statements or, if such disclosures are inadequate, to modify OUT opinion. Our conclusions are b&sed on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluats the overall presentation, structure, and content of the financial statements, including the disclosures and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate 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 internal control that we identify during our audit. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forn]s part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable company's members, &8 a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters w¢ are required to state to them in an auditors, report and for no other PUTPOS To the fullest extent pennitted by law, we do not accept or assurne responsibility to anyone other than t charitable company and the charitable company's members as a body, for our audit work, foT this repor¢ r the opinions we have forn]ed. Billy Drake en for and on beha Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Am)agh B T67 OLE r Statutory Auditor) Lynn Drake & Co Ltd 25 July 2025 13
Colin Nei hbourhood Sure Stsrt Pro ect tatement of Financial Activities Ineo oratin an Income and Ex for the Year Ended 31 March 2025 enditure Account 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Charitable activities SEH&SCT Public Health Agency 978.172 3,470 978,172 3,470 889,237 3,385 Oth¢T trading activities 734 734 1,260 Total 734 981,642 982,376 893,882 EXPENDrruRE ON Charitable activities SEH&SCT South Eastern Trust Public Health Agency Governance 389 985,210 985,599 725,814 156,178 3,385 5,928 3,470 4,944 3,470 5,521 577 Total 966 993,624 994,590 891,305 NET INCOMEI(EXPEM)ITURE) (232) (11,982) (12,214) 2,577 RECONCILIATION OF FUNDS Total funds brought forward 3,552 11,982 15,534 12,957 TOTAL FUNDS CARRIED FORWARD 3,320 3,320 15,534 The notes form part of these financial statements 14
CoIin Nei hbourhood Sure Stsrt Pro ect tatement of Financial Position 31 March 2025 31.3.25 31.3.24 Notes CURRENT ASSETS Debtors C&sh at bank 3,257 5,605 13,697 5,797 8,862 19,494 CREDITORS Amounts falling due within one year 12 (5,542) (3,960) NET CURRENT ASSETS 3,320 15,534 TOTAL ASSETS LESS CURRENT LL4BILITIES 3,320 15,534 NET ASSETS 3,320 15,534 FUNDS Unrestricted funds Restricted funds 14 3,320 3,552 11,982 TOTAL FUNDS 3,320 15,534 The financial statements were approved by the Board of Trustees and authorised for issue on 25 July 2025 and were signed on its behalf by: J cd kh gear Judith Searle - Trustee Theresa Brady - Trustee The notcs forni part of these financial statements 15
Colin Nei hbourho d Sure Start Pro ect ststement of Cash Flows for the Year Ended 31 March 2025 31.3.25 31.3.24 Notes Cash flows from operating aetivities Cash generated from operations (192) 74 Net cash (used in)Iprovided by operating activities (192) 74 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period (192) 74 5,797 5,723 Cash and cash equivalents at the end of the reporting period 5,605 5,797 The notes fom part of these fmancial statements 16
Colin Nei hbourhood Sure Start Pro eet Notes to the tatement ofcash Floivs for the Year Ended 31 March 2025 RECONCILIATION OF NET (EXPENDITUREYINCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.25 31.3.24 Net (expenditure)lincome for the reporting period (as per the Statement of Financial Activities) Adjustments for: Decre&8e/(increase) in debtors Incre&8e in creditors (12,214) 2,577 10,440 1,582 (2,767) 264 Iyet cash (used in)Iprovided by operations (192) 74 ANALYSIS OF CHANGES IN NET FUNDS At 114124 Cash flow At 3113125 Net cash Cash at bank 5,797 (192) 5,605 5,797 (192) 5,605 Total 5.797 (192) 5,605 The notes fom part of these financial statements 17
Colin Nei hbourhood Sure Start Pro ect Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUIYTING POLICIES Basis of prepgring the financi21 statements (a) General information and basis of preparation Colin Neighbourhood Sure Start Project Limited is constituted ag a company limited by guarantee incorporated in Northern Ireland (N1042091). In the event of the charity being would up, the liability in respect of the guarantee is limited to £l per member of the chaTity. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Slatement of Recommended Practice applicable to charities prepartng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in 2019), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice.. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in stcrling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise ststed. (b) Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for Other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each desiated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular pUoses. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. (c) Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any perforniance conditions have been meL the amount can be measured reliably and it is probable that the income will be received. 18 continued...
olin Nei ourh od Sure Start Pro eet Not s to the Financial Statements- continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing the financial statements For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performanc¢ before entitlement can be obtained then income is deferred until those Conditions are fully met or the fulfilment of those conditions is within the control of the chlty and it is probable that they will be fulfilled.Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities (SOFA) when receivable. Income received from collections is recognised when received. Donated facilities and donated professional services are recognis¢d in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is detennined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A CO¢spOndIng amount is recognised in expenditure. No amount is included in th¢ financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occ&sion legacies will be notified to the charity however it is not possible to measure the amount exp¢ct¢d to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includes income earned from fundraising events and trading activities to raise funds foi the charity. Income is received in exchange for supplying goods and servic¢s in order to raise funds and is reCOlSed when entitlement has occurred. The charity receives government grants which are detailed within the notes to these financial statements. Income from government and other grants are recognised at fair value when the charity has entitlement after any perforniance conditions have been met, it is probable that thc incorne will be received and the amount can b¢ measured reliably. If cntitlement is not met then these amounts are deferred. (D) Expenditiure recognition All expenditure is accounfrd for on an accruals basis, inclusive of VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructiv¢ obligation to make payments to third parties, it is probable that the settlerncnt will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings: Costs of raising funds includes the costs associated with attracting voluntary incomes. Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. and Other expenditure represents those items not falling into the cat¢gories above. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. 19 ontinued...
olin Nei hbourhood Sure Start Pro ect Notes to the Financial Statements- eontinued for the Year Ended 31 March 2025 ACCOUDITING POLICIES - continued Basis of preparing the financial statements Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the reciplent will receive the grants. Where grants are conditional relating to perforn]ance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. (e) Support Costs allocation Support costs are those that &8SiSt the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are in¢u¢d directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the r¢50urces. Premises overheads have been allocated on an insert detsil basis and other overheads have been allocated on a basis consistent with the use of resources. Fund-raistng costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating inforniation in support of the charitable activities. (O Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impaimient losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, l¢ss estimated residual value, of each asset on a systematic basis over its expected useful life as follows.. Equipment 250/0 Straight Line (g) Financial Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provision of the instrument. Basic financial instruments ar¢ initially recognised at the amounts receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or Telived and not discounted. Debt instrurnents are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise bc measured reliably. thc investment is subsequently measured at fair valuc with changes in fair value recognised in income and eXpendire. All other such investrnents are subsequently measured at cost less impaimient. 20 continued...
C lin Nei hbourhood Sure Start Pro ect Notes to the Financial Statements- for the Year Ended 31 March 2025 ntinued ACCOUNTING POLICIES - continued Basis of preparxng the financial statements Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferr¢d beyond nornial business ternis or financed at a rate of interest that is not a market rate, in which case the asset is measured at the presenl value of the future payments discounted at a market rate of interesl for a similar debt instrument. Other financial instruments ar¢ subsequently me&sured at fair value with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designed hedging relationship. Financial assets that are me&sured at cost or amortised cost are reviewed for objective evidence of impaiment at the end of each reporting date. if there is objective evidence of irnpairnient an impairnient loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain is recognised. For all equity instruments regardless of SilfICance, and other financial assets that are individually significant, these are assessed individually for impairni¢nt. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairnient are recognised immediately, to the extent that the reversal docs not result in a carrying amount of the financial asset thal exceeds what the carying amount would have been had the impairnient not previously been recognised. (h) Impairment Assds not measured at fair value are reviewed for any inditIOn that the &ss¢t May be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash g¢nerating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impaimient loss is recognised in profit or loss unless the &sset is carried at a r¢valued amount where the impairnient loss is a revaluation decrease. (i) Provisions Provisions are recognised when the Charity has an obligation at the balance sheet date as a result of past event, it is probabl¢ that an outt]ow of economic benefits will be required in settlement and the amount can be reliably estimated. (i) Lkases Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease tern] and the expected useful life of the asset. Minimurn lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective intercst method. The related obligations, net of future finance charges. are included in creditors. Rentals payable and receivable under operating leases ar¢ charged to the SOFA on a straight line basis over the period of the lease. (k) Tax No pmvision is required for taxation as the company is defined as a charity for t&xation purposes. 21 continued...
Colin N ' hbourhood Sure tart Pro ect Notes to the Financial Statements - Continu for the Year Ended 31 Mareh 2025 ACCOUIYTIIYG POLICIES - continued Basis of prep2ring the financial statements The charity is a registered chartty and so such is entitled to certain tax exemptions on income and profits from investments and surpluses on any trdding aclivities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. (l) Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have Considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial staternents. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. (m) Judgements estimates The following judgements including those involving estimates that have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial slatements and that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year: (i) depreciation method and asset useful lives The estimates and assumptions are reviewed on an ongoing basis considering the current and future market conditions. Taxation The charity is a registered charity and so such is entitled to certain exemptions on income and profits from investments and surpluses on any trading activities carried on in furtherance of the charity's primary objectives, if these profits and surpluses are applied solely for charitable purposes. Fund accounting The Charity has various types of funds for which it is responsible, and which require separate disclosure. These arc as follows: (i) Restricted Funds Grants or donations T¢c¢ived, which are cannarked by the donor for specific purposes within the overall aims of the organisation (li) Unrestricted Funds Funds which are expendabl¢ at the discretion of the Directors in furtherance of the objects of the charity. Such funds may be held in order to financ¢ capital investment and working capital Pension costs and other post-retirement benefits The charitable company operates a defIn¢d contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to th¢ Statement of Financial Activities in the period to which they relate. 22 continued...
Colin N hbourhood Sure Start Pro'ect Notes to the Financial Statements - contin ed for the Year Ended 31 Mareh 2025 OTHER TRADING AcrIvrriES 31.3.25 31.3.24 Access NI Sundry Income 644 90 1,260 734 1.260 INCOIIIE FROM CHARITABLE ACTIVITIES 31.3.25 31.3.24 Activity SEH&SCT Public Health Agency Grants Grants 978,172 3,470 889,237 3,385 981,642 892,622 Grants received, included in the above, are as follows: 31.3.25 31.3.24 South Eastern Health & Social Care TnLSt Public Health Agency 978,172 3,470 889,237 3,385 981,642 892,622 CHARITABLE ACTIvrriES COSTS Support costs (see note 5) DiTect Costs Totals SEH&SCT Public Health Agency Governance 985,599 3,470 985,599 3,470 5,521 5,521 989.069 5,521 994,590 23 continued...
olin N hbourhood Sure Start Pro Notes to the Financial Statements- continu for the Year Ended 31 March 2025 SUPPORT COSTS Governance costs Governance 5,521 NET INCOME/(EXPENDITURE) Net incomel(expenditure) is stated after charging/(crediting): 31.3.25 31.3.24 Accountancy Fee Audit Fee 2,660 1,300 2,804 1,300 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 31.3.25 31.3.24 Wages and salari¢s Social security costs Other pension costs 569,628 32,184 30,118 523,974 29.064 28,781 631,930 581.819 The average monthly number of employees during the year was as follows: 31.3.25 32 31.3.24 33 Management & Administration No employees received emoluments in excess of £60,000. The key management personnel of the charity comprise of the Chief Executiv¢ and Senior management team. The salaries paid to key management personnel being the Chief Executive Officer, Programme Manager, Finance Martager and Programme Co-ordinator during the year totalled £148.279. (2024.. £149.313) 24 continued...
olin Nei urhood Sure Start Pro'ect es to the Financi21 tatements- continued for the Year Ended 31 March 2025 COMPARATIVES FOR THE STATEMEiYf OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds Total funds INCOME AND ENDOWMEIYTS FROM Charitable activities SEH&SCT Public Health Agency 889,237 3,385 889,237 3,385 Other trading activities 1,260 1,260 Total 1,260 892,622 893,882 EXPENDITURE ON Charitable activities SEH&SCT South Eastern Trust Public Health Agency Governance 725,814 156,178 3,385 5,928 725,814 156,178 3,385 5,928 Total 891,305 891,305 NET INCOME 1,260 1,317 2,577 RECONCILIATION OF FUIWS Total funds brought forward 2,292 10,665 12,957 TOTAL FUNDS CARRIED FORWARD 3,552 11,982 15.534 10. TANGIBLE FIXED ASSETS Equipment COST At I ApTiI 2024 and 31 March 2025 25,165 DEPRECIATION At l April 2024 and 31 March 2025 25,165 NET BOOKVALUE At 31 March 2025 At 31 March 2024 25 continued...
olin Nei ourhood Sure Start Pro eet Notes to the Financial Statements - continued for the Year Ended 31 March 2025 11. DEBTORS: AMOUNTS FALLING DUE WH]N ONE YEAR 31.3.25 31.3.24 Prepayments 3,257 13.697 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 A¢cruals and deferred income 5,542 3.960 13. ANALYSIS OF NET ASSETS BETWEEN FUIYDS 31.3.25 Total funds 31.3.24 Total funds Unrestricted fund Restricted funds Current &8sets Current liabilities 3,320 5,542 (5,542) 8,862 (5,542) 19,494 (3,960) 3,320 3,320 15,534 14. MOVEME[ IN FUNDS Net movement in funds At 3113125 At 114124 Unrestricted funds General fund 3,552 (232) 3,320 Restricted funds Eastern Childcare Partn¢rship 11,982 (11,982) TOTAL FUNDS 15,534 (12,214) 3,320 26 continued...
olin Nei hbourhoo Sure Start Pro ect Not to the Financial Statements- e for the Year Ended 31 March 2025 ntinued 14. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 734 (966) (232) Restricted funds E&stem Childcare Partnership Public Health Agency 978,172 3,470 (990,154) (3,470) (11,982) 981,642 (993,624) (11,982) TOTAL FUNDS 982,376 (994,590) (12,214) Comparatives for movement in funds Net movement in funds At 3113124 At 114123 Unrestricted funds General fund 2,292 1,260 3,552 Restricted funds E&stern Childcare Partnership 10,665 1,317 11,982 TOTAL FUNDS 12,957 2,577 15,534 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 1,260 1,260 Restricted fund5 Eastern Childwe Partnership Public Health Agency 889,237 3,385 (887,920) (3,385) 1,317 892,622 (891,305) 1,317 TOTAL FUNDS 893,882 (891,305) 2.577 27 continued...
Colin Nei hbourhood Sure Start Pro ect Notes to the Financial St8tements- eontinued for the Year Ended 31 March 2025 15. CONTINGENT LIABILITIES A contingent liability exists to repay grants received should certain conditions not be fulfilled by the charity. 16. RELATED PARTY DISCLOSURES The South Eastern Health & Social Care Trust paid the Colin Neighbourhood Sure Start Project £23,086 in th¢ year ended 31 March 2025 (2024.. £21,988) with regard to salaries and wages for staff seconded to the CNSSP. Payments were aIso made on behalf of CNSSP by the South Eastern Health & Social Care Trust to the CNSSP Partners. Total partner spend in the year ended 31 March 2025 was £147,609 (2024: £134,191). A service level agreement has been agreed between CNSSP and each specific partner before processing of these payments. 17. POST BALANCE SHEET EVENTS There are no events undertaken by the charity after 31 March 2025 to be disclosed in this accounting period. 18. WINDING UP Every member of the Company undertakes to contribute to the assets of the Company, in the event of th¢ same being wound up while it is a member, or within one year after it ce&ses to be a member, for payment of the debts and liabilities of the Company contracfrd before it ceases to be a member, and of the costs, charges and expenses of winding up. and for the adjustment of the rights of the contributor's among themselves, such amount as may be required not excceding one pound. 19. SHARE CAPITAL The Company is Limited by Guarantee and has no Share Capital 28
Colin Nei bourhood Sure Start Pro ee Detsiled Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOIVIE AND ENDOWMENTS Other trading activitles Access Nl Sundry Income 644 90 1,260 734 1,260 Charitable activities Grants 981,642 892,622 Total incoming resources 982,376 893,882 EXPENDITURE Charitable activities Salaries Social security Pensions Insurance Light and heat Telephone Sundries Staff Travel Training and Development Prograrnme Costs - Outreach Prograrnme Costs - Toys Grants to (hher Partners/Group Repairs and Maintenance Rent & Room Hir¢ Printing, Stationery & Postage Direct Development Project Costs Uniforn]s Hospitality Staff Recruitment and Adverts IT Support Cleaning and Materials 569.628 32,184 30,118 3,984 7,089 11,980 389 2,293 3,812 83,892 5,928 147.609 19,496 28.436 9,072 3,470 1,182 1,513 6,168 16,538 4,288 523,974 29,064 28,781 3,906 6,987 10,059 43 2,071 3,110 75,811 6,638 134,190 3,159 24,046 6,094 3,385 2,379 900 8,879 7,311 4,590 989,069 885,377 Support costs Governance costs Accountancy Fec Carried forward 2,660 2,660 2,804 2,804 This page does not forn] part of the statutory financial ststcments 29
Colin Nei hbourhood Sure Start Pro eet Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 Governance costs Brought fonvard Audit Fee Bank ¢haTges and interest Affiliation Fees 2,660 1,300 158 1,403 2,804 1,300 154 1,670 5,521 5,928 Total resources expended 994,590 891,305 Net {expenditure)lincome (12.214) 2,577 This page does not forni part of the statutory financial statements 30