CLAN MOR SURESTART
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
( A COMPANY LIMITED BY GUA114NTEE AND NOT HAVING A SHARE CAPITAL)
COMPANY REGISTRATION NUMBER N1045311
CHARITY REGISTRATION NUMBER NIC 105001
*AEH7G2CI*
1111212025
. COMPANIES HOUSE
A28
#183
O'HARA SHEARER
CHARTERED ACCOUNTANTS AND STATUTORY AUDITORS
547 FALLS ROAD
BELFAST
BTII 9AB

CLAN MOR SURESTART
FIIYANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
CONTENTS
Page
Balance sheet
Notes to the financial statements

CLAN MOR SURESTART
BALANCE SHEET
AS AT 31ST MARCH 2025
2025
2024
FIXED ASSETS
Tangible assets
658
831
CURRENT ASSETS
Debtors and prepayments
Cash at bank
Cash in hand
1,038
70,096
1,013
75,959
71,134
76,972
Creditors: amounts falling due within one year
(4,192) (4,345)
NET CURRENT ASSETS/(LIABILITIES)
66,942
72,627
TOTAL ASSETS LESS CURRENT ASSETSI( LIABILITIES )
67,600
73,458
Creditors: Vdmounts falling due after more than one year
(168)
NET ASSETSI(LIABILJTIES)
67,600
73,290
FUNDS:
ENDOWNMENT FUNDS
uNRESTRl￿ED INCOME FUNDS
48,296
53,986
RESTRICTED INCOME FUNDS
19J04
19,304
67,600
73,290
The directors of the company have elected not to include a copy of the profit and loss account
within the financial statement5.
These financial statements have been prepared and delivered in accordance with the provisions
applicable to companies subject to the small companies, regime,
The financial statements were approved by the board of directors and authorised for issue on
22nd September 2025 and are signed on its behalf by:
Da- g
cskn.
DANNY POWER
DIRECTOR
ELIZABETH MCSHANE
DIRECTOR
DATE
??nd September 2U75
COMPANY REGISTRATION NUMBER
IYI U45311
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. CLAN MOR SURESTART
NOTES TO THE F￿￿AlNCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 202S
STATEMENT OF ACCOUNTING POLICIES
Accounting Convention and Basis of Accounting
The financial statements have been prepared under the historical cost convention.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard which applies in the UK and Republic of Ireland (FRS 102)
(effective l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Going Concern
At the time of approving the financial statements, the trustees, have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees,
continue to adopt the going concern basis of accounting in preparing the financial statements.
Income Recognition
Income is recognised when the Charity has entitlemenl to the funds. any perforn]ance conditions attached
to the item(s) of income have been met, it is probable that the income will be received and the amount
can be measured reliably.
Interest Receivable
Interest on funds held is included when receivable and the amount can be measured reliably. this is
nomially upon notification of the interest paid or payable by the Bank.
Resources Expended
All expenditure is accounted for on an accruals basis and is classified under headings that aggregate all
osts related to the category.
Fundraising costs include the costs of advertising, producing publications, printing and mailing fundraising
material, and staff costs in these areas.
Costs of charitable activities include direct expenditure incurred through operational activities.
Governance costs represent the costs associated with the governance arrangements of the charity which
relate to the general running of the charity as opposed to those costs associated with fundraising or
charitable activity.
Fixed Assets
All tangible fixed assets are recorded at cost.
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CLAN MOR SURESTART
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
STATEMENT OF ACCOUNTING POLICIES
Depreciation
Depreciation is calculated to write off the cost of fixed assets over their estimated useful lives
at the following rates:
Premises adaptations
Office equipment
Computer equipment
5 % residual value
200/0 residual value
250/0 residual value
Repairs and Renewals
All repairs and renewals are written off as incurred
Pension Costs
The charity does currently operate a defined conribution pension scheme.
This is operated via the UK Government NEST Pension Scheme.
Debtors and Prepayments
Trade debtors and other debtors are recogn ised at the settlement amount due after any discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are nomially recognised at
their settlement amount after allowing for any trade discounts due.
Financial Instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently rneasured at
amortised cost using the eff¢Gtive interest method.
Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange
ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate
of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving
at the net movement in funds.
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CLAN MOR SURESTART
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST ￿l￿Rcll 2025
STATEMENT OF ACCOUNTING POLICIES.
Fund Accounting
Unrestricted funds are general funds that are available for use at the Trustees, discretion in furtherance of
the objectives of the charity.
Designated funds are unrestricted funds set aside by the trustees out of unrestricted funds for specific
ture purposes.
Restricted funds are those given for use in a particular area or for specific purposes, the use of which is
restricted to that area or purpose.
Reserv¢$ Policy
Unrestricted funds are needed to provide funds which can be applied to specific projects to enable
these projects to be undertaken at short notice and to cover the running costs of the Charity for a limited
period, should there be a significant shortfall in projected income.
Restricted funds must be be utilised in compliance with funder criteria. Specifically, Department of
Education Governance and Accountability guidance also provides details of a new reserves policy.
Sure Start Projects are perniitted to hold a maximum of two weeks equivalent of their annual budget
allocation as reserves, if required, for working capital requirements at the financial year end.
In line with the requirement from our key funder, the organisation is unable to allocate any unused funding
to reserves . All unspent monies must be returned to the funder.
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CLAN MOR SURESTART
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
19. UNRESTRICTED INCOME FUNDS
2025
2024
Balance at 1st April 2024
53,986
53,112
Incoming resources for the year
Resources expended for the year
Transfer between funds
6,212
(5,690) (5,338)
Balance at 3 Isl March 2025
48,296
53,986
20. RESTIUCTED INCOME FUNDS
2025
2024
Balance at 1st April 2024
19.304
19,304
Reallocation of brought forward fund5 to current year
Incoming resources for the year
Resources expended for the year
Transfer between funds
673.702 612,456
(673,702) (612,456)
Balance at 3 1st March 2025
19,304
19,304
3. LEGAL STATUS
Clan Mor Surestart is a Company Limited by Guarantee..
Each member has agreed to contribute £1 in the event of a compulsory winding up.
Clan Mor Surestart is registered with The Charity Commission for Northern Ireland.
Charity Number 105001. Date of registration 5th April 2016.
Clan Mor Surestart is a recognised Charity within the definition of Section 360(3) Income and
Corporation Taxes Act 1970 by the Commissioners of the Inland Revenue.
4. AUDIT REPORT INFORMATION
As the income statement has been omitted from the filing copy of the financial statements the following
infomiation in relation to the audit report on the statutory financial statements is provided in accordance
with s444(5B) of the Companies Act 2006:
The auditovs report was unqualified.
The senior statutory auditor was Lawrence Shearer FCA.
The auditor was O'Hara Shearer Chartered Accountants & Statutory Auditors.
5. APPROVAL OF ACCOUNTS
The financial statements were approved by the director5, on 22nd September 2025.
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