COMPANY REGISTRATION NUMBER: N1057099
CHARITY REGISTRATION NUMBER: 103776
L.A.S.T Sure Start
Company Limited by Guarantee
Financial Statements
31 March 2025
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 2025
Page
Trustees, annual report (incorporating the directorfs report)
Independent auditorfs report to the members
Statement of financial activities (including income and
expenditure account)
11
Statement of financial position
12
Statement of cash flows
13
Notes to the financial statements
14
The following pages do not form part of the financial statements
Detailed statement of financial activities
23
Notes to the detailed statement of financial activities
24

L.A.S.T Sure Start
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
financial statements of the charity for the year ended 31 March 2025.
Reference and administrative details
Registered charity name
L.A.S.T Sure Start
Charity registration number
103776
Company registratlon number N1057099
Principal office and registarad Units 1&2
office
Strathroy Enterprise centre
Meelmore Drive
Omagh
Co Tyrone
BT79 7XL
The trustees
Mr M Mccolgan
Ms S McDermott
Ms P Colgan
Ms P Cleary
Mrs N Carson
Auditor
SP Mccaffrey & Co
Chartered accountants & statutory auditor
50 Campsie Road
Omagh
Co Tyrone
BT79 OAG
Structure, governance and management
Governing document
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 Association. The company is recognised as a charity
and is regislered with the Charities Commission for Northern Ireland. (Charity No 103776)

L.A.S.T Sure Start
Company Llmited by Guarantee
Trustee5' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Structure, governance and management (contlnugd)
Governance
L.A.S.T Sure Start has a responsibility to conduct its busines5 efficiently. The establishment of, and
the strict adherence to sound financial managemenl 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 strategic
decisions of how the Charity will move forward and who also are responsible for appointments to the
board.
It is essential that L.A.S.T Sure Start control all operational risks as far as is possible. This includes
the participation of all those involv8d directly or indirectly with the banking arrangements for the
organisation. Along wilh the financial systems of the organisation, this policy aims to detail
responsibilities, risk management, internal controls, and audit requirements associated with the use of
online banking.
ObjectSves and activities
The objectives of Last Sure Start are:
A) Educate the public in all matters relating to parenting and child development by the provision of
education and training courses.
B) enhance the development and education of young children by encouraging parentslguardians to
understand and provide for the needs of their children by offering appropriate play facilities, with the
right of parentlcarers to take responsibility for and to become involved in the activities af the Company,
ensuring that the company offers opportunities for all children regardless of religion, cullure. 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 welfare for recreation and other leisure time occupations
with the object of improving the conditions of life for the inhabitants of Killyclogher, Lisanelly,
Camowen, Drumragh, Strule, Fintona, Temon & Gortrush wards the area of benefit.
Strategi¢ report
The following sections for achievements and performance and financial review form the strategic
report of the charity.

L.A.S.T Sure Start
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (¢onlinued)
Year ended 31 March 2025
Achievements and performance
With the accounting period of 202412025 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
Cookitx4
Slow cooker x 3
Potty Training
Or81 Health
Hypno Birthing
Managing Children's Behaviour x 4
- Baby Peeps x3
First Aid x4
Circuit Training x3
Pre Foolball skills x5
- Swim Tots x3
Walking Club x3
Baby Reflexology x15
Book Start Event x 4
Christmas, Halloween & Easter outings
- Wriggle & Rhyme Event
- PEEPS x3
Antenatal / breastfeeding events x2
2 yr old programme x4
- Toddler programme x7
Respite creche
Creche for Programmes
Home visits
Support for children with additional needs
Baby book event
Play and discover additional needs
The total number of families registered with Lasl Sure Start is 922 and within this accounting period
the project had 780/a Uptake in all programmes & evenls run. This achievement has allowed Last Sure
Start 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 service 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 community, these are included in our 2-year-old programmes. PEEPS &
Toddler & Waddler groups. The Project 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
Financial review
Review of the Buslness
The Company is non-profit making and had a deficit of £2,734 for the year. The management
continues to be engaged in ongoing efficiency savings and is aware of the sustainable use of
resources.

L.A.S.T Sure Start
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (¢ontlnu9d)
Year ended 31 March 2025
Financial review (¢ontlnugd)
Reserves Policy
The trustees of L.A.S.T Sure Start consider that the charity is not permitted to hold reserves,
obligations will therefore be met by statutory authorities. The trustees do however note the deficits
reported in the most recent years and consider it prudent to retain some lev81 of reseNes.
Trustees. responsibilities statement
The trustees, 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 statements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resources 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 principles in the applicable Charities SQRP.,
make judgments and accounting estimales that are reasonable and prudent.
state whether applicable UK 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 charity will continue in business.
The tfustees are responsible for keeping adequate accounting records that ar& sufficienl to show and
explain the charity's transactions and disclose with reasonable accuracy at any lime the financial
position of the charity and enable them to ensure that the financial statements comply wilh the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
for laking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditor
Each of the persons who is a trustee at the date of approval of this report confirms that:
so far as they ar8 aware, there is no relevant audit infomation 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 charity's auditor is aware of that
information.

L.A.S.T Sure Start
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report) (continued)
Year ended 31 March 2025
The trustees, annual report and the strategic report were approved on 23 September 2025 and signed
on behalf of the board of trustees by..
Mrm
Trustee
ccolgan

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Auditor's Report to the Members of L.A.S.T Sure Start
Year ended 31 March 2025
Opinion
We have audited the financial statements of L.A.S.T Sure Start (the 'charity') for the year ended
31 March 2025 which comprise the statement of financial activities (including income and expenditure
account), statement of financial position, statement 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 sta18ments-
give a true and fair view of the slate of the charity's affairs as at 31 March 2025 and of its
incoming resources and application of resources. including its income and expenditure. for the
year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice.,
have been prepared in accordance with the requirements of the Companies Acl 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 describ&d in the auditor's
responsibilities for the audil of the financial statements section of our report. We are independent of
the charity 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 these 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 Goncern
In auditing the financial slatements. we have concluded 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 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 concern for a period of at least twelve months from when the financial
statements are authorised for issu8.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of this report.

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Auditor's Report to the Members of L.A.S.T Sure Start {contlnued)
Year ended 31 March 2025
Other information
The other information Gomprises the information included in the annual report, other than the financial
statements and our auditor's report Ihereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover (he other information and, except to the extent
otherwise explicilly 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
information and, in doing so. consider whether the other infomation is materially inconsistent with the
financial slatements or our knowledge obtained in the audit or otherwise appears to be materially
misslated. If we identify such material inconsistencies or apparent material misstalements, we are
required to determine whether there is a malerial misstatement in the financial stalements or a
material misslatement of the other information. If, based on the work we have performed. we conclude
that there is a material misstatement of this other infonnation, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audil:
the information 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 applicable legal requirements.
Matters on which we are required to reporl by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the Irustees, report.
We have nothing to report in respect of the following matters in relation to whiGh 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 stalements are not in agreement with the accounting records and returns- or
certain disclosures of trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit.

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Auditor's Report to the Members of L.A.S.T Sure Start {contlnued)
Year ended 31 March 2025
Responslbllltles of trust•os
As explained more fully in the trustees, responsibilities statement, the trustees (who are also the
directors 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 determine is necessary to enable the preparation of financial statements that are free
from material misstatement. whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing. as applicable, matters relat8d to going concern and using the
going concern basis of accounting unless the Irustees either intend to liquidate the charity or to cease
operations, or have no realistic alternative but to do so.
Auditor's responslblllties for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether th8 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 assurance 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 il
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above. to detect material misstatements in respect
of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below..
We identify and assess the risks of material misslatement of the financial statements, whether due to
fraud or error, and then design and perform audit procedures responsive to those risks, including
obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. In
identifying and assessing risks of material misstatement in respect irregularilies, including fraud and
non compliance with laws and regulations, we considered the following.. -the ability of management to
override controls -the nature of the industry and sector, together with the performance of the enlity-the
use of estimates and judgements in the preparation of financial statements
As a result of the above we have considered the opportunities that may exist within the entily for fraud
and identified the greatest potential for fraud to be management override of controls. In common with
all audits under ISAS (UK) we are required to perform specific procedures to respond to the risk of
management override.
In response to the above potenli81 risks we have responded by..
-we review minut8s 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 statement disclosures
-we discuss with management as to how they access. identify and respond to fraud risk within the
company.

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Auditor's Report to the Members of L.A.S.T Sure Start (contlnued)
Year ended 31 March 2025
As part of an audit in accordance with ISAS (UK), we exercise profession81 judgment and maintain
professional scepticism throughout the audit. We also..
Identify and assess the risks of material misstatement of the financial stat8ments, whether due to
fraud or error, design and perform 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
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 internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the eff8Ctiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and rel8ted disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists relaled to
events or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. 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 as a going concern.
Evaluate 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.

L.A.S.T Sure Start
Company Limited by Guarantee
Independent Auditor's Report to the Members of L.A.S.T Sure Start (continued)
Year ended 31 March 2025
We communicate with those charged with governance regarding, among other matters. the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.
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 Ihe Companies Act 2006. Our audit 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 auditor's report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charity and the charity's members as a body, for our audit work, for this report,
or for the opinio
we have formed.
n (Senior Statutory Auditor)
For and on behalf of
SP Mccaffrey & Co
Chartered accountants & statutory auditor
50 Campsie Road
Omagh
Co Tyrone
BT79 OAG
23 September 2025
10

L.A.S.T Sure Start
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Restricted
funds Total funds Total funds
2024
Note
Income and endowments
Donations and legacies
Total income
901,211
901,211
901,211
901,211
824,263
824,263
Expendlture
Expenditure on charitable activities
Total expenditure
903,945
903,946
903,946
822,167
903,945
822,167
Net {expenditure)lincome and net movement in funds
(2.734)
(2,735)
2.096
Reconci1Satlon of funds
Total funds brought forward
Total funds earried forward
27,820
27,820
25.724
25,086
25,086
27,820
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 14 to 21 forni part of thèsè financial statements.
11

L.A.S.T Sure Start
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
12
284,928
295,597
Current assets
Cash at bank and in hand
16,090
60.220
Creditors: amounts falling due within one year
Net current assets
13
2.160
43,555
13,930
16,665
Total assets less current liabllitles
298,858
312,262
CredStors: amounts falling due after more than one year
Net assets
14
273,773
284,442
25,085
27,820
Funds of the charity
Restricted funds
25,086
27,820
Total charity funds
17
25,086
27,820
These financial statem8nts were approved by the board of trustees and authorised for issue on 23
September 2025, and are signed on behalf of the board by:
Mr
Mccolgan
Trustee
Ms S McDermott
Trustee
The notes on pages 14 to 21 form part of these financial statements.
12

L.A.S.T Sure Start
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
2025
2024
Cash flows from operating activities
Net {expenditure)lincome
(2,735)
2.096
Adjustments for..
Deprecialion of tangible fixed assets
10,669
11.129
Changes in..
Trade and other creditors
(52,064)
(44,130)
(44,130)
{3,369)
9,856
Cash generated from operations
Net cash (used in}/from operating activities
9.856
Net (decrea5e)lincrease in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equlvalents at end of year
(44,130)
60,220
9.856
50,364
16,090
60.220
The notes on pages 14 to 21 fomi part of these financial statements.
13

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General tnformation
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northem Ireland and a registered charity in Northern Ireland. The address of the registered office
is Units 1 &2, Strathroy Enterprise centre, Meelmore Drive, Omagh, Co Tyrone, BT79 7XL.
Statement of compliance
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 pollcles
Basls of preparation
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 income or expenditure.
The financial statemgnts are prepared in sterling, which is the functional currency of the entity.
Golng concern
There ar8 no material uncertainties about the charity's ability to continue.
Judgements and kéy sources of estimation uncertalnty
Estimates and judgements are continually evaluatèd and are based on historical experience and
other factors, including expectations of future events that are believed to b@ reasonable under
the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricled 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 terms of an appeal, and fall into one of I￿0 sub-classes,. restricted income funds or
endowment funds.
14

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accounting policies (continued)
Incoming resourcès
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 is 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 services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of servicas is recognis8d with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and retumed if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raising fLAnds includes the costs of all fundraising activities, events,
non-charitable trading activities. and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further ils charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other exp8nditure 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.
15

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements f¢ontlnued)
Year ended 31 March 2025
Accounting policies (Continued)
Tanglble assets
Tangible assets are initially recorded at cosl 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 accumulaled impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless il reverses a charge for irllpairment that has previously been
recognised as expenditure within the slatement 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 statement of financial activities.
Depreclation
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..
Freehold property
Fixtures and filtings
Motor vehicles
Equipment
2 % straight line
20 % reducing balance
20010 reducing balance
20 % reducing balance
Impalrnient of fixed assets
A review for indicators of impaimient is carried out at each reporting date, with the recoverable
amount being estimated wh@re 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 impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets thal includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the corllbination, irrespective of whether other assets or liabilities of the charily
are assigned to those units.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.
16

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting policies (contlnued)
Government grants {¢ontinued)
Where the grant does not impose specified future performance-related conditions on the
recipient, it is recognised in income when the grant proceeds are re￿iVed or receivable. Where
the grant does impose speGified future perfOrMan￿-re1ated conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a
liability.
Financial instruments
A financial asset or a financial liability 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 ass6ts and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their 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 impairmenl.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a markel rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value. with any changes
recognised in the statement of financial activities, 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 impairment. an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extenl that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
17

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements (¢ontinued)
Year ended 31 March 2025
Limited by guarantee
The company is lirnited by guarantee. the members being required to pay not more than £1 in the
event of a winding up.
Donations and legacies
Restricted Total Funds
Funds
2025
Restricted Total Funds
Funds
2024
Grants
Grant Funding
901,211
901,211
824,263
824,263
Expenditure on charitable activities by fund type
Restricted Total Funds
Funds
2025
Restricted Total Funds
Funds
2024
Sure Start Programme
Support costs
902,925
1,020
903,945
902,925
1,021
903,946
821,210
957
821,210
957
822,167
822,167
Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2025
Total fund
2024
Sure Start Programme
Governance costs
902.925
902,925
1,021
821,210
957
1.021
902,925
1.021
903,946
822.167
Net (expenditure)lincome
Net (expenditurellincome is stated after chargingl{crediling)-
2025
2024
Depreciation of tangible fixed assets
10,669
11.129
Auditors remuneration
2025
2024
Fees payable for the audit of the financial statements
1,020
960
18

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnuedJ
Year ended 31 March 2025
10. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2025
2024
Wages and salaries
659,418
539,508
The average head count of employees during the year was 37 (2024: 41). The average number
of full-time equivalent employees during the year is analysed as follows-
2025
No.
2024
No.
Number of staff
37
41
No employee received employee benefits of more than £60,000 during the year (2024: 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
property
fittings
Motor
vehicles Equipment
Total
Cost
At 1 April 2024 and
31 March 2025
441,472
15,082
72,233
52,363
581,150
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
155,071
8,830
15,082
63,586
1,729
51,814
110
285,553
10,669
163.901
15.082
65,315
51,924
296,222
Carrying amount
At 31 March 2025
277.571
6,918
439
284.928
At 31 March 2024
286,401
8,647
549
295,597
13. Creditors: amounts falling due within one year
2025
2024
Trade creditors
Accruals and deferred income
41,395
2.160
2,160
2,160
43,555
19

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements f¢ontlnuedJ
Year ended 31 March 2025
14. Creditors: amounts falllng due after rnore than one year
2025
2024
Accruals and deferred income
273,773
284.442
15, Deferred income
2025
2024
At 1 April 2024
Amount released to income
284.442
{10,669)
273,773
295,571
(11,129)
284,442
Al 31 March 2025
16. Government grants
The amounts recognised in the financial statements for government grants are as follows-
2025
2024
Recognised in creditors.,
Deferred government grants due after more than one year
273,773
284,442
17. Analysis of charitable funds
Restricted funds
At
1 April 2024
At
Income Expenditure 31 March 2025
Restricted Funds
27,820
901,211
(903,945)
25,086
At
1 April 2023
At
Income Expenditure 31 March 2024
Restricted Funds
25,724
824,263
1822,167)
27,820
20

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
18. Analysis of net assets between funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
284.928
284,928
16.090
16.090
(2,160)
{2,160)
{273.773) (273,773)
25,085
25,085
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
19. Analysis of changes in net debt
At
At 1 Apr 2024 Cash flows 31 Mar 2025
Cash at bank and in hand
60,220
(44.1301
16,090
21

L.A.S.T Sure Start
Company Limited by Guarantee
Management Information
Year ended 31 March 2025
The following pages do not form part of the financlal statements.
22

L.A.S.T Sure Start
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2025
2025
2024
Income and endowments
Donations and legacies
Grant Funding
901,211
824,263
Total Income
901,211
824,263
Total expenditure
903,946
822,167
Net {expenditure)lincome
(2,735)
2,096
23

L.A.S.T Sure Start
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2025
2025
2024
Expenditure on charitable activities
Sure Start Programme
Activities undertaken directly
Direct charitable activily 1 wageslsalaries
Direct charitable activily 1 renl
Direct charitable activity 1 light & heat
Direct charitable activity 1 insurance
Direct charitable activity 1 molor vehicle expenses
Direct charitable activity 1 other motorltravel costs
Direct charitable activity 1 telephone
Direct charitable activity 1 Printing, Stationery & postage
Direct charitable activity 1 depreciation
Direct charitable activity 1 cleaning of premises
Direct charitable activity 1 health visitor
Speech & language
Progrdmme costs
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
Repayment of underspend from previous year
659,418
25,225
6,931
13,372
9,741
7,539
10,605
10,350
10,669
14,424
5.311
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)
32,353
34,916
1,043
17,203
20,706
5,670
6,152
16,320
784
962
(10,669)
3,900
902,925
821,210
Governance costs
Governance costs - audit fees
1,021
957
Expenditure on charltable activltles
903,946
822,167
Flucluations and variances in expenditure in compar£son tv previous year ore mainly altributable to
the change in policy ofanalysing expenses in line witkfunder rcquirements.
24