COMPANY REGISTRATION NUMBER: N1057099
CHARITY REGISTRATION NUMBER: 103776
L.A.S.T Sure Start
Company Limited by Guarantee
Financial Statements
31 March 2024
SP MCCAFFREY & CO
Chartered accountants & statutory auditor
50 Campsie Road
Omagh
Co Tyrone
BT79 OAG

L.A.S.T Sure Start
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the directorfs report)
Independent auditorfs report to the members
Statement of financial activities (including income and
expenditure account)
ststement of financial position
ststement of cash flows
10
11
12
Notes to the financial statements
13
The following pages do not form part of the financial statements
Detailed statement of financial activities
22
Notes to the detailed statement of financial activities
23

L.A.S.T Sure Start
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng the Dlrectorfs Report)
Year ended 31 March 2024
The trustees. who are also the directors for the purposes of company law. present their report and the
financial statements of the charty for the year ended 31 March 2024.
Reference and administrative details
Reglstored charity name
L.A.S.T Sur8 Start
Charlty reglstratlon number
103776
Company rogistration number N1057099
Prlnclpal office and registered UnÉts 1&2
office
Strathroy Enterprise cenlre
Meelmore Drive
Omagh
Co Tyrone
BT79 7XL
The trustees
Mr M M¢Colgan
Ms S McDermott
Ms P Colgan
Ms P Cleary
Mrs N Carson
Audltor
SP Mccaffrey & Co
Chartered accountants & statutory auditor
50 Campsie Road
Omagh
Co Tyrone
BT19 OAG
Structure. governance and managoment
Goveming documenl
L.A.S.T Sure Start is a company limited by guarantee {Registration Number N1057099). The company
is governed by its Memorandum of Articles of Associalion. The company is recognised as a charity
and is registered with the Charities Commission for Northern Ireland. {Charity No 103776)

L.A.S.T Sure Start
Company Limited by Guarantoe
Trustees. Annual Report (Incorporating the Director's Report) {contlnuÈd)
Year ended 31 March 2024
Structure, governance and management {¢ontinued)
Governance
L.A.S.T Sure Slart has a responsibilty to conduct its business efficiently. The establishment of. and
the strict adherence to sound financial managernent policies is an integral part of the organisation. The
Board of directors and Management Committee of are committed to establishing, maintaining and
applying all necessary good practice to ensure that their duty of care to the management of finances
of the organisation are fulfilled. The Board of directors are responsible for taking the slrategic
decisions of how the Charity will mov8 fO￿ard and who also are responsible for appointments to the
board.
It is essential that L.A.S.T Sure Start control all operatlonal risks as far as Is possible. This includes
the participation of all those involved dlrectly or indirectly with the banking arrangements for the
organisatlon. Along with the financial systems of the organisation, this pollcy alms to detail
responsibllities, risk management, intemal Controls. and audit requirements assoclated with th8 use of
online banking.
Objectives and activities
Th8 objectlves of Last Sure Stsrt are:
A) Educate the public in all matters relating to parenting and child development by the provision of
educats'on and training courses.
B) enhance the development and education of young children by encouraging parentslguardians to
understand and provide for the needs of Iheir children by offering appropriate play facilities, with the
right of parenvcarers to take ￿SpOnsIbl11ty for and to become involved in the activities of the Company.
ensuring that the company offers opportunities for all children regardless of religion. culture, race
ability or gender.
C) preserve and protect health by the provision of counselling. advice and information.
D) provide facilities in the interests of social weffare for recreation and other leisure lime occupations
with the object of improving the conditions of life for the inhabitants of Killyclogher. Lisanelly,
Camowen, Drurnragh, Strule, Fintona. Tennon & Gortrush wards Ihe area of b8nefit.
Strateglc r•port
The following sections for achievements and performance and financial review form the strategic
report of the Charity.

L.A.S.T Sure Start
Company Llmited by Guarantoe
Trustees. Annual Report (Incorporatlng the Directorfs Report) (conrfnu•d)
Year ended 31 March 2024
Achlevements and perfornian
Wilh the accounting period of 202312024 the project ran a number of parenting programmes. Health
programmes, Outings and social events for all the families registered with Sure Start. Here are
examples of the programme run:
' Infant Massage
Baby Yoga
Feeding und8r 5's
Potty Training
. Oral Health
Hypno Birthing
Managing Children's Behaviour
' Baby Peeps
First Aid
' Circuit Training
Pre Football skills
' Swim Tots
Walking Club
Baby Reflexology
' Book Start Event
Christmas, Halloween & Easter outings
' Wriggle & Rhyme Event
' PEEP
' Special needs outing & event
' Young Mums Project
The total number of families registered with Last Sure Start is 929 and within this accounting period
the project had 78 % uptake in all programmes & events wn. This achievement has allowed Last Sure
s￿rt to be one of the top 20 projects in the North for uptake of services. Last Sure Start helped the
local community by offering a seNice that promotes social engagement, emotional and physical
well-being by running programmes which will give parents skills to help develop their children's social,
education, play and emotional needs. The project also runs programmes that help integrate other
cultures within our local communlty for example we run a very successful Trav8llers programme and
also run an ethical minority parent & toddlers. The Proj8Ct also offers respite crèche to families in most
need allowing parents some time out for appointments etc. Within the project there is an element of
home visiting which again offers additional support to the families in our local community. This year
the project just completed a very successful programme with dads emphasising the importance a dad
has on a child's life and within the family unit.
Financlal review
Revlew of tho Buslness
The Company is non-profit making and returned a surplus of £2,096 for the year. The management
continues to be engaged in ongoing efficiency savings and is aware of the sustainable use of
resources.
Reserves Pollcy
The trustees of L.A.S.T Sure Start conslder that the charity is not permitted to hold reserves,
obligations will therefore be met by statutory authorities. The trustees do how8V8r not8 the deficits
reported in the two mosl recent y8ars and consider it prudent to retain some level of reserves.

L.A.S.T Sure Start
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Roport) (eontlnuod)
Year ended 31 March 2024
Trustees. responslbllltles ststement
The twstees. who are also directors for the purposes of company law. are responsible for preparing
the trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial ststements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resoU￿e$ and
application of resources, including the income and expenditure, for that period.
In preparing these financial statements. the trustees are required to:
select suitable accounting policies and then apply them consistently-,
observe the methods and prlnciples in the applicable Charities SORP-
make judgments and accounting estimates that are reasonable and Prudent:
state whether applicable UK Accounting Standards have b8en followed, subject to any material
departures disclosed and explained in the financial statemenls.
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the Charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They ar8 also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention and detectlon of fraud and other irregularities.
Audltor
Each of the persons who is a trustee at the date of approval of this report confimis that:
so far as they are aware. there Is no relevant audit informatlon of which the charity's auditor is
unaware. and
they have taken all steps that they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charitys auditor is aware of that
information.
The trustees. annual report and the slrdtegic report were approved on 17 September 2024 and signed
on behalf of the board of trustees by:
Mr M Mccolgan
Trustee

L.A.S.T Sure Start
Company Limited by Guarantea
Independent Audltor's Report to the Members of L.A.S.T Suré Start
Year ended 31 March 2024
Opinion
We have audited the financial statemenls of L.A.S.T Sure Start (the 'charty'} for the year ended
31 March 2024 which Comprise the statement of financial activities (induding income and expenditure
account), statement of financial position, ststement of cash flows and the related notes, 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. including FRS 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally
Accepted Accounting Practice).
In our opinion the financial slatements:
give a true and fair view of the state of the charlvs affalrs as at 31 March 2024 and of its
Incoming resources and application of resour￿8, including its income and expenditure, for the
year then ended;
have b8an properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for oplnlon
We conducted our audit in accorfjance with Intemational Standards on Auditing {UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further desGribed in the auditorfs
responsibilities for the audit of the financial statements seclion of our report. We are independent of
the charty in accordance wrth the ethical requirements that are relevant to our audit of the financial
statements in the UK. including the FRC'S Ethical Slandard, and we have fulfilled our other ethical
responsibilities in accordance wlth these requirements. We believe that the audit evidance 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 concluded that the trustees. use of the going conc8m
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's ability
to continue as a going Goncern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described
in the relevant sections of this report.

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Auditorfs Report to the Members of L.A.S.T Sure Start I￿￿11nued)
Year ended 31 March 2024
Other infomiatlon
The other infomiation Comprises the information included in the annual ￿POrt. other than the financial
statements and our auditor's report thereon. The trust88s ar8 responsible for the other information.
Our opinion on the financial statements does not cover the other information and, except to the extent
otherwise explicitly ststed in our report, we do not express any form of assurance conclusion the￿On.
In connection with our audit of the financial statements, our responsibility is to read the other
information and. in doing so, consider whether the other information is materially inconsistent with the
financlal statements or our knowledge obtained in the audit or otherwlse appears to be materially
mlsstated. If we identfy such mat8rial inconsistencles or apparent material mlsstatements, we are
required to detemilne whether there is a material misstatement In the financial statements or a
material misststement of the other information. If, based on the work we have perfomied, we condud8
that th8re is a material rnisstatement of this other information, w8 are required to report that fact.
We have nothing to r8POrt in this regard.
Oplnlons on other matters prescrlbed by the Companles Act 2006
In OUT opinion, based on the work undertaken in the course of the audit..
the infonnation given in the trustees, report for the financial year for which the financial
statements are prepared is consistent with the financial statements. and
the trustees, report has been prepared in accordance with applicab18 legal requirements.
Matters on whl¢h we are required to roport by ex¢eptlon
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audlt, we have not identified material misststements in th8 trustees, report.
V¥e have nothing to report in respect of the following matters in relatlon to which the Companies Act
2006 requires us to report to you rf. in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit hav8 not
been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns., or
certain dtsclosures of trustees, remuneration specffied by law are not made,. or
we have not received all the infomiation and explanations we require for our audit.

L.A.S.T Sure Start
Company Llmlted by Guarantee
Independent Audltorfs Report to the Members of L.A.S.T Sure Start (¢ontlnued)
Yearended 31 March 2024
Responslbllltles of trusteos
As explained more fully In the trustees, responsibilities statement. Ihe trustees (who are also the
directors for the purposes of company law) are responsible for the preparation of the financial
statements and for b8ing satisfied Ihat they give a true and fair view. and for such intemal control as
the trustees detennine is necessary lo enable the preparation of financial statements that ar8 fre8
from material misstatement, whether due to fraud or error.
In preparing the financial stat8m8nts, the trustees are responsible for assessing the charity's ability to
continue as a going GOn￿rn, disclosing, as applicable, matters related to going concem and using the
going concem basis of accounting unless the trustees either Intend to liquidate the charity or to cease
operations, or have no reallstlc altemative but to do so.
Audftorfs responsibilitl•s for Ihe audlt of the financial statements
Our objeclives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that
includes our opinion. Reasonable assurdnce 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 misststement when it
exlsts. Misstatements Can arise from fraud or error and are considered materlal if, individually or in the
aggregate, th8y could reasonably be expected to influence the economic declslons of users laken on
the basis of these financial ststements.
Irregularities, including fraud. are instances of non-compllance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, in¢ludlng fraud. The extent to which our procedures are capable of d8tecting
IrregularFties, including fraud is detailed below..
We identify and assess the risks of material mi&statement of the financial statements, whether due to
fraud or error. and then design and perform audit procedures responsive to those risks, induding
obtainlng audit evidence that is sufficient and approprlate to provide a basis for our opinion. In
identSfying and assessing risks of material misststement In respect irregularities, including fraud and
non compliance with laws and regulations, we considered the following: _the ability of management lo
override controls -the nature of the industry and sector, together with the performance of the entity-the
use of estimates and judgements in the preparation of financial ststements
As a result of the abov8 we have considered the opportunltles that may exist within the entty for fraud
and identified the greatest potential for fraud to be management override of controls. In common with
all audils under ISAS (UK) we are required to perform specific procedures to respond to the risk of
management override.
In response to the above potential risks we have responded by:
-we review minutes of meetings for reference to any breaches in laws and regulations and past
instances of fraud -we discuss risk of fraud at the audit team meeting, including fraud relating to
revenue recognition. related parties, and management override and financial statemenl disclosures
-we discuss with management as to how they a¢¢ess. identrfy and respond to fraud risk within the
company.

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Auditor's Report to the Membèrs of LA.S.T Sure Start (condnued)
Year ended 31 March 2024
As part of an audit in accordance with ISAS (UK). we 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 obtaln audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material 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 intemal control relevant to the audit in order lo design audit
procedures that are appropriate in the circumstances. but not for the purpose of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting F)olicies used and the reasonableness of accounting
estimates and related disclosures made by the trustee5.
Condude on the appropriateness of the truslees. use of the going con￿rn basis of accounting
and. based on the audit evidence obtained. whether a material Un￿rtaintY exists related to
events or conditions that may cast significant doubt on the charitys ability to continue as a going
concem. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditor's report to the related disclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based 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 8s a going concem.
Evaluale the overall presentation, structure and content of the financial ststements, including the
disclosures, and whelher the financial ststements represent the underlying transactions and
events in a manner that achieves fair presentation.

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Audltorfs Report to the Members of L.A.S.T Sure Start {continugd)
Year ended 31 March 2024
We communicat8 With those Charged with govemance regarding, among other matters, the planned
scope and tlming of the audit and signfficant audit findlngs. including any significant deficiencies in
internal control that we identify during our audlt.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audtt work has been undertaken so that we might state to the
charity's members those matters we are required to state to them in an auditorfs report and for no
other purpose. To the fullest extent permltted by law, we do not accept or assume responsibility to
anyon8 Other than the charity and the charitys members as a body, for our audit work, for this report,
or for the opinlons we have formed.
Gary Thompson (Senior Statutory Auditor)
For and on behalf of
SP Mccaffrey & Co
Chartered accountants & statutory auditor
50 Campsie Road
Omagh
Co Tyrone
BT79 OAG
17 September 2024

L.A.S.T Sure Start
Company Llmited by Guarantee
Statement of Financlal Activitles
(including income and expenditure account)
Year ended 31 March 2024
2024
Restrioted
funds Total funds Total funds
2023
Nots
Income and endowments
Donations and legacies
Totsl Income
824,263
824.263
824,240
824,263
824.263
824,240
Expenditure
Expenditure on charitable activities
Total expenditure
822.167
822,167
823,266
822,167
822,167
823,266
Net Incom• and nel movement In funds
2,096
2,096
974
Recon¢lliation of funds
Total funds brought fonward
Total funds carrled forward
25,724
25,724
24,749
25,723
27,820
27,820
Th8 Statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Tho notes on page$ 13 to 20 forni part of these financlal statements.
10

L.A.S.T Sure Start
Company Limited by Guarantee
Statement of Flnanclal Position
31 March 2024
2024
2023
Not0
Flxed assets
Tangibl8 fixed assets
12
295,597
306,726
Current assets
Cash at bank and in hand
60,220
50,364
Credltors: amounts falling duo within one year
Net current assets
13
43.555
35,796
14,568
16.665
Total assels less current liabilities
312,262
321.294
Creditors: amounts falllng du8 aft8r more than one year
Net assets
14
284.442
295,571
27,820
25.723
Funds of the charity
Restricted funds
27.820
25,723
25,723
Totsl charlty funds
17
27.820
These financial statements were approved by the board of trustees and authorised for issue on 17
September 2024, and are signed on behalf of the board by:
Mr M Mccolgan
Trustee
Ms S McDermott
Trustee
The nolos on pages 13 to 20 fo￿ part of Ihose financlal statèments.
11

L.A.S.T Sure Start
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2024
2024
2023
Cash flows from operating actlvlties
Net Income
2,096
974
Adjustments for..
Depreciation of tangible fixed assets
Accrued expenses
11.129
11.704
2.160
Changes in..
Trad8 and other debtors
Trade and other creditors
3,000
6,578
(3,369)
9.856
Cash generated from operations
Net cash from operating activities
24,416
9.856
24,416
Net Increase in cash and cash equivalents
Cash and cash equivalents at beginnlng of yoar
Cash and cash equivalents at end of year
9.856
50.364
24,416
25,948
60,220
50.364
Tho note3 on pages 13 to 20 ft>rni part of thèse flnan¢lal statements.
12

L.A.S.T Sure Start
Company Limited by Guarantee
NotOS to the Financial Statements
Year ended 31 March 2024
General Infomiatlon
The charity is a public benefit entty and a private company limited by guarantee, registered in
Northern Ireland and a registered charty in Northern Ireland. The address of the registered office
is Units 1 &2, Strathroy Enterprise cenlre, Meelmore Drive, Omagh, Co Tyrone. BT79 7XL.
Statement of ¢ompllance
These financial statements have been prepared in compliance with FRS 102. The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement 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} {Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basls of preparatlon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through incom8 or expenditur8.
The financial statements are prepared In sterling, whlch Is the functlonal currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estlmatlon uncertalnty
Estimates and judgements are continually evaluated and are based on historical experience and
other factors. including expectations of future events that are believed to be reasonable under
the circumstances.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charitys purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the temis of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.
13

L.A.S.T Sure Start
Company Limited by Guarant88
Notes to the Financlal Statements (¢onUnu
Year ended 31 March 2024
Accountlng pollcles {ContInu￿)
Incomlng resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the Charity. it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants ts recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and servlces are re¢ognised In the
a¢counls when re¢eiv8d if the value can be rellably measured. No amounts are included for
the contribution of gen8ral volunteers.
income from contracts for the supply of servlces is re¢ognised with the delivery of the
contracted service. This is classified as unrestrided funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent. in which case
it may be regarded as restricted.
ResoU￿e$ expended
Expenditure is recognis8d on an accruals basis as a Ilabllty is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classlfied under headings of the statement of
financial activities to which it relates:
expenditure on raising funds Includes the Costs of all fundraising activlties. events,
non-charitable trading activities. and the sale of donated goods.
expenditure on charitable activilies includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitsble
activities.
other expendilure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impaimient losses.
14

L.A.S.T Sure Start
Company Limitod by Guarantee
Notes to the Financial Statements Icontlnued)
Year ended 31 March 2024
Accounting pollcies {contlnu8dJ
Tanglble assets (continu￿)
An increase in the carrying amount of an asset as a result of a revaluation. is recognised in other
recognised gains and losses, unless it reverses a charge for irnpairment that has previously been
recognised as expenditure within the ststement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the ststement of financial adlvltles.
Depreclatlon
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual
value, over the useful economic life of that asset as follows-
Fr88hold propety
Fixtures and fittings
Motor vehides
Equipment
20/0 straight line
20 % reducing balance
20 /0 reducing balance
20 /0 reducing balance
Impalmient of fixed assets
A review for indicators of impaimient is Carrted out at each reporting date, with the recoverable
amount being estimated wh8re such Indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impainnent testing, vh)en it is not possible to estimate the recoverable
amount of an Indlvidual asset. an estimate is made of the recoverable amount of the
casFFgeneratlng unit to which the ass8t b81ongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For Impaim)ent testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units Ihat are expected to benefit from
the synergies of the Combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset recelved or r8c8ivable. Grants
are not recognlsed until there is reasonable assuran￿ that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant does not impose specified future perfomiance-related conditions on the
recipient. it is recognised in incom8 when the grant proceeds are received or receivable. Where
the grant does impose specffied fijture performance-related conditions on the recipient, it is
recognlsed In income only when the perfonnance-related conditions have been met, Where
grants received are prior to satisfying the revenue recognition crlterla, they are recognised as a
15

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to tho Flnancial Statements (continuod)
Year ended 31 March 2024
Accountlng policies (¢oft¢inu•dJ
Financial Instruments
A financial asset or a financial liabilty is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and Current liablllties arè subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortlsed cost.
Where investments in shares are publicty traded or th8ir fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with Changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value. unless
payment for an asset is deferred beyond normal business tenns or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a mark8t rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
r8cognised in the statement of financial a￿1vItIes, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impaim)ent, 8n
impairment loss is recognised under the appropriate heading in the statement of financial
actlvities in which the initial gain was recognised.
For all equty instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impaimient. other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impaimient are recognised immediately, to the extent that the reve￿al does not
result in a carrying amount of th8 ffinancial asset that exceeds what the carrying amount would
have been had the Impairment not previously been recognised,
Limited by guarantee
The company is limited by guarantee, the m8mbers being required to pay not more than £1 in the
event of a winding up.
16

L.A.S.T Sure Start
Company Llmited by Guarantee
Notes to the Flnanclal Statements (eontlnued)
Year ended 31 March 2024
Donatlons and legacies
Restricted Total Funds
Funds
2024
Restricted Total Funds
Funds
2023
Grants
Grant Funding
824,263
824,263
824,240
824,240
Expenditure on charllable a¢tivitles by fund type
Restricted Total Funds
Funds
2024
Restricted Total Funds
Funds
2023
Sure Starl Programme
Support Costs
821,210
957
821,210
957
822,306
960
822.306
960
822.167
822.167
823,266
823,266
Expenditure on charitable actlvities by activity type
Activities
undertaken
directly Support costs
Total funds
2024
Total fund
2023
Sure Start Programme
Goveman¢e costs
821,210
821,210
957
822,306
960
957
821,210
957
822,167
823,266
Net Income
Net income is stated after chargingl(¢rediting):
2024
2023
Depreciation of tangible fixed assets
11.129
11,704
Auditors r•muneratlon
2024
2023
Fees payable for the audit of the financial stslements
960
960
10. Staff Costs
The total staff costs and employee benefrts for th8 reporting period are analysed as follows..
2024
2023
Wages and salaries
539.508
588,055
17

L.A.S.T Sure Stsrt
Company Llmited by Guarantee
Notes to the Flnanclal Statements (contlnued)
Year ended 31 March 2024
10. Staff costs {￿ntInUed)
The average head count of employees during the year was 41 (2023.. 41). The average number
of fulktime equivalent employees during the year is analysed as follows:
2024
2023
No.
No.
Number of staff
37
41
No employee re¢elv8d employee b8nefits of more than £60.000 during the year (2023: Nil}.
11. Trustee remuneration and expenses
No trustee received any remuneration or other benefits from L.A.S.T Sure Start or any other
related entity.
12. Tangible fixed assets
Freehold Fixtures and
propety
ttings
Motor
vehicles Equipment
Tolal
Cost
At 1 April 2023 and
31 March 2024
441.472
15.082
72,233
52,363
581.150
Depreclallon
At 1 April 2023
Charge for the year
At 31 March 2024
146,241
8.830
15,082
61,424
2,162
63,586
51.677
137
274,424
11,129
285,553
155,071
15.082
51,814
Carrying amount
At 31 March 2024
286,401
8.647
549
295.597
At 31 March 2023
295,231
10,809
686
306.726
13. Creditors: amounts falllng due withln onè year
2024
2023
Trade creditors
Aecwals and deferred income
41,395
2.160
33,636
2.160
43,555
35,796
14. Creditors: amounts falling due after more than one year
2024
2023
Accruals and deferred income
284,442
295.571
18

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Flnanclal Statements (conthiuedj
Year ended 31 March 2024
15. Deferred income
2024
2023
At 1 April 2023
Amount released to income
319,697
{35.255)
284.442
319,697
(24,126)
295.571
At 31 March 2024
16. Government grants
The amounts recognised in the financial statements for government grants a￿ as follows:
2024
2023
Recognised in credilors..
Deferred government grants due after more than one year
284,442
295,571
17. Analysls of charitable funds
Restrlcl•d funds
At
31 March 202
At
1 April 2023
Income Expenditure
Restricted Funds
25.724
824,263
(822,167)
27,820
At
31 March 202
At
1 April 2022
Incorne Expenditure
Restrlcled Funds
24,749
824,240
(823,266)
25,723
19

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Flnancial Statements (¢ontinu8dJ
Year ended 31 March 2024
18. Analysis of net assets between funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
295,597
295,597
60,220
60,220
{43,555}
{43.555)
(284,442) (284,442)
27,820
27.820
Restricted Total Funds
Funds
2023
Tanglble fixed assets
Current assets
Creditors less than 1 year
Credilors greater than 1 year
Net assets
306,726
306.726
50.364
50,364
(35,796)
<35.796)
{295,571) (295.571)
25,723
25.723
19. Analysis of changes in net debt
At
At 1 Apr 2023 Cash flows 31 Mar 2024
Cash at bank and In hand
50,364
9,856
60,220
20

L.A.S.T Sure Start
Company Limited by Guarantee
Management Inforniation
Year ended 31 March 2024
The followlng pages do not form part of the flnancial statemenls.
21

L.A.S.T Sure Start
Company Limited by Guarantee
Detsiled Statement of Flnancial Actlvities
Year ended 31 March 2024
2024
2023
Income and endowments
Donatlons and l•gaci•$
Grant Funding
824.263
824.240
Total income
824,263
824,240
22

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activitles
Year ended 31 March 2024
2024
2023
Expenditure on charftable actlvltles
Sure Start Programme
Activities undertaken directty
Direcl charitable activity 1- wageslsalaries
Direct charitable activity 1 rent
Direct chawitable activty 1- light & heat
Direct charitable activity 1- insurance
Direct charitable activity 1- motor vehicle expenses
Direct charitable activity 1- other motorltravel costs
Direct charitable activity 1- telephone
Dlrect charitable activity 1- Printing. slationery & postage
Direct Charitable activlty 1- depreciation
Direct charitable activlty 1- deaning of premSses
Direct charitsble activity 1 health visitor
Speech & language
Programme cosls
Equipment repairs & renewals
Sundry expenses
Training
Sure Start creches x4
Membership fees
2 Year Old programme
Legal & professional fees
Accountancy fees
Bank charges
Amortisation of Grants
539,508
9.439
590
10.986
10.638
12.087
6,615
7,813
11.129
7,251
12,599
54,929
19.102
21,797
1.169
4.798
73,014
2.060
21.089
3,840
1.200
686
{11,129)
821,210
588.055
9.440
2,082
10,411
6,592
9,658
5,971
5,698
11.704
4,558
14.961
59,256
13,248
7.755
128
7,236
54.020
455
14.913
6.000
1,200
669
(11,704)
822.306
Governance costs
Govemance Costs - audit fee5
957
960
Expenditure on charitable actfvlti•$
822,167
823,266
23