Charity registration number NIC105848
Company registration number NI033207 (Northern Ireland)
START360 LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
START360 LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mr G Walls Ms K Higgins Mr N Hutchinson Ms P Logue Ms P Browne Mr A Clarke Ms Y Cowan Dr G Neill (Appointed 1 November 2022) Mr G Milling (Appointed 2 November 2022) Secretary Ms P Logue Charity number NIC105848 Company number NI033207 Registered office 6-10 William Street Belfast BT1 1PR Auditor GMcG BELFAST Chartered Accountants & Statutory Auditor Alfred House 19 Alfred Street Belfast BT2 8EQ Bankers Santander Bridle Road Bootle Merseyside L30 4GB Solicitors Edwards & Co 28 Hill Street Belfast BT1 2LA A&L Goodbody Northern Ireland 42-46 Fountain Street Belfast BT1 5EF
START360 LTD
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 7 |
| Independent auditor's report | 8 - 13 |
| Statement of financial activities | 14 |
| Balance sheet | 15 |
| Statement of cash flows | 16 |
| Notes to the financial statements | 17 - 33 |
START360 LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their annual report and financial statements for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: 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) (effective 1 January 2019)".
Objectives and activities
The objects of the charity are to promote the benefit of the inhabitants of Northern Ireland without distinction of sex, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common attempt to relieve poverty, advance education, preserve and protect health and provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
Operating with a multi-disciplinary team on a cross-community, regional basis, Start360 has a proven track record as a lead provider of flagship holistic interventions for its service users.
Start360 offers a range of innovative programmes and services, which can be easily adapted to meet specific issues faced by the client group it serves, including drug/alcohol misuse, mental and emotional health, anti-social and offending behaviours, barriers to employment or achievement, and lack of confidence and self-esteem.
Key programmes and services include:
(i) Mentoring & Group Mentoring
An experienced key worker assists service users to make positive lifestyle choices.
(ii) Counselling
Offered to young people and vulnerable adults with more complex emotional or mental health support needs. (iii) Group work
Educating youths and/or adults, helping them to understand the topic delivered and to engage with each other better.
(iv) Advocacy
Representing and discussing young people’s views and helping them vocalise their opinion in a constructive way. (v) Diversionary Activities/Residential Experiences
Providing young people with opportunities to participate and improve their personal, social and life skills. (vi) Family Support
Providing families with the support and guidance they need to better deal with the issues presented by Start360’s service users.
Start360 provides a range of interventions to young people, adults and their families – including those who have issues with substance use, who are isolated from their communities, who offend, who face barriers to employment or who experience other forms of disadvantage.
The charity's activities include one-to-one work, group work, mentoring, counselling, complementary therapies and residential experiences.
The beneficiaries are disadvantaged young people, adults and families. They have one or more of the following issues in their lives – substance use by themselves or family members, mental ill health, unemployment, being in and/or leaving care, being in and/or leaving custody, coming to the attention of the PSNI or social services, or general disengagement from the local community. The communities of the service users and the wider public also benefit through substantial savings to the public purse.
Start360 does not charge any fees. No harm comes from its purposes and no private benefit occurs. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
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START360 LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Achievements and performance
Start360, in consultation with staff, senior management and Board developed a strategic plan for 2022-2025. The core strategic aims are focused on quality service delivery, service development and innovation, and influencing public policy. To measure success against these Strategic Aims Start360 implemented a Scorecard to highlight the series of measures, targets and initiatives which, when acted on, will ensure this plan continues to be delivered and reviewed in the next three years.
The 2022-2023 organisational scorecard provides more detail on how Start360 delivered on strategic priorities in the financial year across four reporting areas.
1. Service Users and Stakeholders
Achievements and performance toward ‘Service Users and Stakeholders’ in 2022-23 were as follows:
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For service users to have a voice at all levels in the organisation the service feedback form was improved, and two service user focus groups were held both in the custody and the community.
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To create sustainable resources for when Start360 staff are not available the Start360 website was enhanced to provide signposting to a directory of organisations offering further support e.g., current PHA/HSC Trust directories.
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The organisation worked to develop, support or avail of programmes which respond to the changing health and social issues of service users through quarterly active participation and representation on emerging groups relating to issues faced by service-users including DRD Taskforce, Complex Lives, Youth Justice V&C Sector Alliance, ESF Peer Group Campaign, Joint Forum, All DACTS/PLIG and others.
2. Processes and Operations
Achievements and performance toward ‘Processes and Operations’ in 2022-23 were as follows:
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To effectively manage risk and compliance the organisation committed to moving forward with a new Quality Management System providing accredited status across eleven quality areas, covering all aspects of operation.
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To better analyse information provided by Start360’s clients and to continue to develop how Start360 measures and reports on the impact of its work the organisation began the steps to implement a new Client Record Management system with the aim to have a new and improved system up and running by 2023-2024.
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The public awareness of the organisation, the work and its impact to strengthen and promote Start360’s brand, was increased through the acquisition of new promotional material alongside a planned events calendar and a commitment to improve the Communications strategy.
3. People and Innovation
Achievements and performance toward ‘People and Innovation’ in 2022-23 were as follows:
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To ensure all new staff are effectively inducted into the organisation and staff learning and development needs are regularly assessed a revised induction process was devised and proposed whilst discussions were had around a learning and development post and resources to be considered for 23/24.
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A new training programme was devised to accompany the new Client Record Management system to ensure staff have the skills to make effective use of technology.
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The organisation’s current volunteer policy and action plan were reviewed, and resourcing was explored to increase the volunteer offer provided moving forward.
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START360 LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
4. Finance and Resources
Achievements and performance toward ‘Finance and Resources’ in 2022-23 were as follows:
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The asset register for the organisation was overhauled and a full audit was carried out across the staff teams to ensure the organisation has the appropriate digital equipment, communication hardware and software to support the achievement of the organisation’s mission.
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An estate management action plan was put into place to assess and ensure Start360 has the premises and physical resources required to support operations and considered in line with internal policy frameworks.
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The organisation worked to ensure financial resources are effectively planned, managed, audited, invested and reported on by reviewing financial processes in use and by robustly reviewing financial resources through the Strategic Leadership Team, Audit and Risk Committee and the Board.
Financial review
The results for the year are set out in detail on pages 14 to 33. The charitable company returned net income for the year of £292,076 (2022 – £305,979).
At 31 March 2023, the total funds of the charity amounted to £1,706,482 (2022 - £1,414,406) comprising restricted funds of £103,833 (2022 - £52,384) and unrestricted funds of £1,602,649 (2022 - £1,362,022).
Reserves Policy
Unrestricted funds are considered to be essential to provide sufficient funds to cover any unforeseen costs which may arise, and to fulfil the legal obligations of the charity in the event that current levels of income are not maintained. Unrestricted funds are needed to:
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Meet contractual liabilities should the charity have to close. This includes redundancy pay, amounts due to creditors and commitments under leases.
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To meet unexpected costs like break down of essential office machinery; staff cover in the event of illness, maternity leave, parental leave; and legal costs defending the charity’s interest.
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To replace equipment as it wears out.
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To ensure that the charity can continue to provide a stable and quality service to those who need it. Within this context to minimise recruitment, staff training, staff induction and marketing costs by avoiding the need for redundancies caused by financial crisis.
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To provide working capital when funding is paid in arrears and place the charity in a position where it could bid for funding which can be paid up to 12 months in arrears.
Start360’s reserve policy is to aim to hold reserves equivalent to 6-month staff costs and 6 month running costs including an estimate of redundancy and professional fees. This figure is to be reviewed on a quarterly basis and based on previous 6 months costs to ensure it remains accurate and relevant within Start360’s overall financial situation.
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START360 LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Designated Funds
In summary, at 31 March 2023, the designated funds were as follows:
| Designated Fund | Amount | Notes |
|---|---|---|
| Central Admin Support | £37,500 | This designation will allow for the provision of admin support to address critical need and shortfall where most required across the organisation. |
| Business Development | £37,500 | This will allow the organisation to ensure continued business development and exploration into the identification, generation and availability of new and additional income opportunities and streams. |
| Communications | £60,000 | This designation is for the development of the communications strategy through the appointment of dedicated comms personnel alongside external commsguidance and expertise. |
| Volunteer Development |
£60,000 | This designation is to support and enhance the volunteer offering by covering additional delivery costs as necessary. Where possible it is envisaged, it will sustain the delivery of the volunteer offer if required. |
| Relocation and refurbishment |
£200,000 |
This designation is to cover property costs including any relocation or refurbishment costs as and when required. |
| GRIT | £3,943 | This relates to the remainder of funds which were designated to facilitate the continuation and promotion of the legacy of the GRIT service and cover anyassociated costs. |
| IT | £100,000 | This designation is for consistent IT upgrades/maintenance ensuring devices in operation across the organisation and the client system remain fit forpurpose. |
| HR | £270,025 | This designation is for general HR matters including a provision for redundancy costs relating to the uncertainty of contracts in the current climate andpotential redundancycosts. |
Risk management
The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Significant external risks in relation to funding have led to the development of a strategic plan, which will allow for the diversification of funding and activities. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
COVID-19 Impact/Actions
Service Delivery
During the year, the organisation worked to consolidate the learning from the response to the lockdown measures caused by the COVID-19 outbreak. Blended working became embedded into service delivery practice and work began on the consultation of a staff-led blended working policy. Start360 ensured strict adherence to Governmental direction maintaining a COVID-19 action plan/risk assessment in alignment with the easing of certain restrictions. Close links were maintained with all funders and satisfaction with service delivery was paramount.
Financial Impact
There has been no substantial financial impact regarding COVID-19 affecting the funding of services yet, however strict financial monitoring remains in place, and long-term effects of COVID-19 on the funding environment are monitored.
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START360 LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Plans for Future Periods
Priority Areas for 2023-24
Service Users and Stakeholders
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Service User Engagement.
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Build strong relationships with decision-makers and those who can influence decision-makers.
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Appropriately evidence and demonstrate the organisation is trauma informed and trauma responsive.
Processes & Operations
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Regularly review the governance of the organisation and develop, implement, and review a governance improvement plan.
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Effectively manage risk and compliance.
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Analyse information provided by Start360’s clients and continue to develop how Start360 measures and reports on the impact of its work.
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Ensure that Start360 can effectively utilise technology to meet business need.
People and Innovation
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Staff are provided the essential training to deliver safe and effective services.
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Review and implement a volunteer strategy. To review and enhance the induction and probation processes.
Finance & Resources
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Develop an Income Generation strategy to support the sustainability of the organisation.
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Ensure financial resources are effectively planned, managed, audited, invested, and reported on.
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Develop a process to utilise reserves to meet business need.
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START360 LTD
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Structure, governance and management
Start360 is a company limited by guarantee and does not have a share capital. It is governed by its Memorandum and Articles of Association and the liability of each member is limited to an amount not exceeding £1.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mr G Walls Ms K Higgins Mr N Hutchinson Ms P Logue Mr J Rogan (Resigned 23 February 2023) Ms P Browne Mr A Clarke Ms K Gilliland (Resigned 13 June 2023) Ms Y Cowan Dr G Neill (Appointed 1 November 2022) Mr G Milling (Appointed 2 November 2022)
The charity is administered by the board of trustees. Trustees are sought according to the need to fill skills or diversity gaps. Suitable candidates are nominated by current board members, and are then appointed through joint agreement from the full board of trustees. Induction and training events are organised according to need.
The Senior Leadership Team (SLT) is responsible for the day to day running of the charity, led by the Chief Executive.
It is with a heavy heart that we say goodbye to our CEO Anne-Marie McClure in the 2023 financial year, as she retires. Anne-Marie has been with the organisation from 1993 and has navigated and grown Start360 to the organisation it is today. With an average of 80+ staff over 2021-2022, 8 office locations and delivering 27 services across Northern Ireland in areas of Health, Justice, and Employability. Working with young people, families, and vulnerable adults. Rebranding the organisation from Opportunity Youth to Start360 back in April 2014. Anne-Marie also received an MBE in her tenure as CEO of Start360.
Our mission statement is ‘Change Starts Here’ which has never been more prevalent now as we embark on our next chapter of Start360 journey. We are delighted to have appointed Danny McQuillan who will pick up the CEO role. Danny has a wealth of experience in the sector and services we provide. Danny comes to Start360 after previously serving as CEO of Extern and Positive Life. Danny also held senior positions in The Alzheimers Society and The MS Society NI.
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START360 LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Statement of Tru8t•0s' re•pon8lblllllos The trnstees, who are also Ihe dlreclor8 of Start360 Ltd for the purpose of company law. aro responsible for preparing the Trusiees. Report and th8 fin8naal statements In accordance with appllcable law and Unlted Kingdom Accounting Standards (Unltsd Klngdom Generally Accepted Accounting Practice). Company Law requires the tyuslees to prep8re finandal Statements for each financial year which glve a true and fair view 01 th8 Stat8 of 8ffairs of the charity and of the Incomlng resources and application of resources, Includlng the income and 8XP8nditure, of the charitable cofflpany for Ihat year. In pparIng these finandal statements. the trustees are required to.. - Select suitabl8 8CCA)untlng policieg and then apply them conslstenlly., - obsep4e the melhods and principles In tha Charltlas SORP: - mak8 judgements and e8tlmate3 that are reasonable and prudent: stste whelher applicable UK Accountlng Standards have been followed, subject to any malerlal departures dlsclosed and explalned in the flnenclal 8tat8ments; and pr•p8re the flnanclal statements on the golng concem bas18 unle88 It 18 inappropriato to presume that the charity will contlnu8 In opèrallon. The tru8tee3 are responsible for keeplng 8dequat• accountSng records that dlsclose with r8880nable accuracy al any time the flnanclal poslllon of the charfty and enable Ihem to ensure that the fin8nd81 statements comply wlth the Companles Aet 2006. They are also responsible for safeguardlng the assets of the charity and hence for taking reasonable steps for the pffjv6ntlon and det8Ction of fraud and other Irregularities. Audltor In accordancè wlth the compan5Vs artlcles, a resolutton proposlng that GMCG BELFAST be reappolnled 88 audllor of the company wlll be put at 8 Gener81 Meetkng. Small compan1•6 exemptlon In pr8parlng Ihls report, the dlr8Ctors have taken advantage of Ihe small companies axamption provided by section 415A of Ihe Companles Act 2006. D18closure of Inforniatlon to audllor Each of the trustees has confiThed that there 18 no Inforniatlon of which they are aware whl¢h Is relevant to the audit. but of which the audhtor Is unaw8r8. They h8v8 further confirmed Ihat they h8ve taken approprlate steps lo idenlify such relévant infomation and io establish thal thè audllor18 aware of such Infomiallon. The Tru8leeg' rèport was approved by the Board of Trustees. MrA Clarke Trustee Dated: IL¥ IN13
START360 LTD
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF START360 LTD
Opinion
We have audited the financial statements of Start360 Ltd (the ‘charity’) for the year ended 31 March 2023 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial 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, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
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give a true and fair view of the state of the charitable company's affairs as at 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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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 Auditor's responsibilities for the audit 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 concern
In auditing the financial statements, 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 issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
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START360 LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF START360 LTD
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, 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 our audit:
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the information given in the Trustees' report for the financial year for which the financial statements are prepared, which includes the directors' report prepared for the purposes of company law, is consistent with the financial statements; and
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the directors' report included within the Trustees' report 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 charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the Trustees' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
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adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees' remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit; or
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the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Trustees' report and from the requirement to prepare a strategic report.
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START360 LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF START360 LTD
Responsibilities of trustees
As explained more fully in the statement of Trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose 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 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 operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives 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 auditor's 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 it 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.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
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START360 LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF START360 LTD
Extent to which the audit was considered capable of detecting irregularities, including fraud
We identify and assess the risks of material misstatement 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 potential risks of material misstatement in respect of irregularities, including fraud and non-compliances with laws and regulations, we considered the following:
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The nature of the industry and sector, control environment and business performance, including the company’s remuneration policies for directors, bonus levels and performance targets, if any;
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Results of our enquiries of management about their own identification and assessment of the risks of irregularities;
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Any matters we identified having obtained and reviewed the company’s documentation of their policies and procedures relating to:
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Identifying, evaluating and complying with laws and regulations and whether they were aware of any instance of non-compliance;
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Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; and
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The internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;
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The matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and potential indicators of fraud.
As a result of these procedures, we considered the opportunities and incentives that may exist within the company for fraud and identified the greatest potential for fraud in income recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the Companies Act 2006, and local tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company’s ability to operate or to avoid a material penalty.
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START360 LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF START360 LTD
Audit response to risks identified
Our procedures to respond to the risks identified included the following:
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Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;
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Enquiring of management concerning actual and potential litigation and claims;
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Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;
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Reading minutes of meetings of those charged with governance and reviewing correspondence with tax authorities; and
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In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. In addition, as with any audit, there remains a higher risk of non-detection of irregularities, as they may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and regulations.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
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START360 LTD
INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF START360 LTD
Use of our report
This report is made solely to the charitable company's members, as 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 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 charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Mr Nigel Moore FCA (Senior Statutory Auditor) for and on behalf of GMcG BELFAST
14 November 2023
Chartered Accountants Statutory Auditor
Chartered Accountants & Statutory Auditor
Alfred House 19 Alfred Street Belfast BT2 8EQ
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START360 LTD
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
| Unrestricted Restricted funds funds 2023 2023 Notes £ £ Income from: Donations and legacies 3 11,825 75,000 Charitable activities 4 255,785 2,977,886 Other trading activities: Fundraising 5 6,767 1,167 Investments 6 33,258 - Total income 307,635 3,054,053 Expenditure on: Raising funds 7 801 - Charitable activities 8 231,420 2,837,391 Total expenditure 232,221 2,837,391 Net incoming resources before transfers 75,414 216,662 Gross transfers between funds 165,213 (165,213) Net income for the year/ Net movement in funds 240,627 51,449 Fund balances at 1 April 2022 1,362,022 52,384 Fund balances at 31 March 2023 1,602,649 103,833 |
Total Unrestricted Restricted funds funds 2023 2022 2022 £ £ £ 86,825 8,840 - 3,233,671 237,690 2,946,757 7,934 4,863 - 33,258 1,456 - 3,361,688 252,849 2,946,757 801 625 - 3,068,811 218,423 2,674,579 3,069,612 219,048 2,674,579 292,076 33,801 272,178 - 280,602 (280,602) 292,076 314,403 (8,424) 1,414,406 1,047,619 60,808 1,706,482 1,362,022 52,384 |
Total 2022 £ 8,840 3,184,447 4,863 1,456 |
|---|---|---|
| 3,199,606 | ||
| 625 | ||
| 2,893,002 | ||
| 2,893,627 | ||
| 305,979 - |
||
| 305,979 1,108,427 |
||
| 1,414,406 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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START360 LTD BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Notes Flxed a•$ots Tanglble 8ssets 13 140,570 178.417 Currnnt as$•t$ Debtors Cash at bank and In hand 14 194,876 1,8,890 207,196 1,381,188 1.885.766 1,588,384 Credltors: amounts falllng du• wfthln on• yoar 15 (319.854) (352,395) Net current assets 1.565.912 1,235,989 Total as8•181•88 curr•nt Ilablllt1•8 1.706.482 1,414,406 In¢om• fund8 Restricted funds 18 103,833 52,384 Designatsd funds General unrestrlcted funds 768,968 833,681 7g8,943 563,079 1,602.649 1,362.022 1,706.482 1,414,406 These Ilnanclal stalemenis have been prepared In accordance wlth thè provisions appllrAble to companles subjact to Ihe sm811 comp8nles reglme. The financlal statements were approved by th8 Trustees on .1.4 1 i .lQ.l. MrA Clarke Tru•t•a Company reglstratlon numb•r N1033207 15-
START360 LTD
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
| Notes Cash flows from operating activities Cash generated from operations 28 Investing activities Purchase of tangible fixed assets Investment income received Net cash generated from/(used in) investing activities Net cash used in financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year |
2023 £ £ 277,685 (1,241) 33,258 32,017 - 309,702 1,381,188 1,690,890 |
2022 £ £ 369,093 (3,599) 1,456 (2,143) - 366,950 1,014,238 1,381,188 |
|---|---|---|
- 16 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
Charity information
Start360 Ltd is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 6-10 William Street, Belfast, BT1 1PR.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: 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) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 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.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 17 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies (Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.
Charitable activities and Governance costs are costs incurred on the company's educational operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.
All expenditure is inclusive of irrecoverable VAT.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold improvements depreciated over the term of the lease Fixtures and fittings 25% per annum straight line Computers 25% per annum straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
- 18 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies (Continued)
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
- 19 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Critical judgements
Restricted and unrestricted funds
Judgements are made in relation to allocation of income and expenditure to restricted and unrestricted funds. The directors consider it appropriate to allocate these funds based on interpretation of the terms of grants and donations received. The charity is able to generate a surplus on some of the projects that are funded by income that the trustees consider to be restricted. Any surplus earned on such projects is transferred to unrestricted funds when the relevant services have been delivered in full and the trustees are satisfied that no amounts will become repayable.
Key sources of estimation uncertainty
Fixed assets
The annual depreciation charge on fixed assets depends primarily on the estimated lives of each type of asset and estimates of residual values. The directors regularly review these asset lives and change them as necessary to reflect current thinking on remaining lives in light of prospective economic utilisation and physical condition of the assets concerned. Changes in asset lives can have a significant impact on depreciation and amortisation charges for the period. Detail of the useful lives is included in the accounting policies.
Debtors
Short term debtors are measured at transaction price, less any impairment. Impairment of such debtors involves some estimation uncertainty.
3 Donations and legacies
| Unrestricted | Restricted | **Total ** | Unrestricted | |
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Donations and gifts | 11,825 | 75,000 | 86,825 | 8,840 |
- 20 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 4 Charitable activities Health Employability 2023 2023 £ £ Performance related grants 2,513,470 282,468 Less: deferred income (44,672) - 2,468,798 282,468 Analysis by fund Unrestricted funds - 78,351 Restricted funds 2,468,798 204,117 2,468,798 282,468 For the year ended 31 March 2022 Unrestricted funds - 75,381 Restricted funds 2,293,427 453,818 2,293,427 529,199 Performance related grants Public Health Agency - Health 1,551,117 - Employability - 78,351 Probation Board for Northern Ireland - - ASCERT 253,090 - Department of Justice - - Futures Project - - AD:EPT 626,041 - Switch onto Employment - 204,117 Prison Arts - - Other 83,222 - 2,513,470 282,468 |
Justice Core Support 2023 2023 £ £ 283,326 71,043 128,036 - 411,362 71,043 115,494 61,940 295,868 9,103 411,362 71,043 110,778 51,531 157,000 42,512 267,778 94,043 - - - - 142,000 - - - 50,016 - - - - - - - 37,739 - 53,571 71,043 283,326 71,043 |
Total 2023 £ 3,150,307 83,364 3,233,671 255,785 2,977,886 3,233,671 1,551,117 78,351 142,000 253,090 50,016 - 626,041 204,117 37,739 207,836 3,150,307 |
Total 2022 £ 3,281,364 (96,917) 3,184,447 237,690 2,946,757 3,184,447 237,690 2,946,757 3,184,447 1,389,554 75,381 157,000 245,266 45,300 245,863 593,000 190,620 65,478 273,902 3,281,364 |
|---|---|---|---|
- 21 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
5 Other trading activities: Fundraising
| 6 7 |
Unrestricted Restricted Total Unrestricted funds funds funds 2023 2023 2023 2022 £ £ £ £ Other generated income 6,767 1,167 7,934 4,863 Investments Unrestricted Unrestricted funds funds 2023 2022 £ £ Interest receivable 33,258 1,456 Raising funds Unrestricted Unrestricted funds funds 2023 2022 £ £ Fundraising and publicity Other fundraising costs 801 625 801 625 |
Unrestricted Restricted Total Unrestricted funds funds funds 2023 2023 2023 2022 £ £ £ £ Other generated income 6,767 1,167 7,934 4,863 Investments Unrestricted Unrestricted funds funds 2023 2022 £ £ Interest receivable 33,258 1,456 Raising funds Unrestricted Unrestricted funds funds 2023 2022 £ £ Fundraising and publicity Other fundraising costs 801 625 801 625 |
|---|---|---|
| 625 |
- 22 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 8 Charitable activities Staff costs Depreciation and impairment Other costs Share of support costs (see note 9) Share of governance costs (see note 9) Analysis by fund Unrestricted funds Restricted funds For the year ended 31 March Unrestricted funds Restricted funds 9 Support costs Staff costs Depreciation Other costs Audit fees Analysed between Charitable activities |
Health Employability 2023 2023 £ £ 1,555,741 216,317 188 830 353,620 29,900 1,909,549 247,047 419,804 34,138 - - 2,329,353 281,185 - 76,459 2,329,353 204,726 2,329,353 281,185 2022 - 67,096 2,039,606 445,887 2,039,606 512,983 |
Justice Core Support 2023 2023 £ £ 287,862 3,398 - 30,253 84,415 - 372,277 33,651 29,872 14,973 - 7,500 402,149 56,124 105,681 49,280 296,468 6,844 402,149 56,124 110,152 41,175 157,000 32,086 267,152 73,261 Support costs Governance costs £ £ 420,694 - 7,818 - 70,275 - - 7,500 498,787 7,500 498,787 7,500 |
Total 2023 £ 2,063,318 31,271 467,935 2,562,524 498,787 7,500 3,068,811 231,420 2,837,391 3,068,811 2023 £ 420,694 7,818 70,275 7,500 506,287 506,287 |
Total 2022 £ 1,986,936 41,683 405,096 |
|
|---|---|---|---|---|---|
| 2,433,715 453,087 6,200 |
|||||
| 2,893,002 | |||||
| 218,423 2,674,579 |
|||||
| 2,893,002 | |||||
| 218,423 2,674,579 |
|||||
| 2,893,002 | |||||
| 2022 £ 387,160 10,421 55,506 6,200 |
|||||
| 459,287 | |||||
| 459,287 |
Governance costs includes payments to the auditors of £6,138 (2022 - £5,580) for audit fees.
- 23 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
10 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
11 Employees
The average monthly number of employees during the year was:
| Administration and finance Management Direct delivery Total Employment costs Wages and salaries Social security costs Other pension costs |
2023 Number 8 4 69 81 2023 £ 2,202,878 200,092 81,042 2,484,012 |
2022 Number 9 4 68 |
|---|---|---|
| 81 | ||
| 2022 £ 2,100,566 202,212 71,318 |
||
| 2,374,096 |
The charity considers its management team, made up of 5 members of staff, to represent the Key Management Personnel. Total remuneration payable to key management personnel during the year was £289,809.
There were no employees whose annual remuneration was more than £60,000.
12 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
- 24 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 13 Tangible fixed assets Leasehold improvements Fixtures and fittings Computers £ £ £ Cost At 1 April 2022 176,809 124,524 288,392 Additions - - 1,241 At 31 March 2023 176,809 124,524 289,633 Depreciation and impairment At 1 April 2022 83,535 121,978 205,794 Depreciation charged in the year 18,349 2,546 18,194 At 31 March 2023 101,884 124,524 223,988 Carrying amount At 31 March 2023 74,925 - 65,645 At 31 March 2022 93,274 2,546 82,597 14 Debtors 2023 Amounts falling due within one year: £ Trade debtors 92,352 Prepayments and accrued income 102,524 194,876 15 Creditors: amounts falling due within one year 2023 Notes £ Other taxation and social security 43,985 Deferred income 16 83,391 Trade creditors 50,776 Other creditors 12,892 Accruals and deferred income 128,810 319,854 |
Total £ 589,725 1,241 |
|---|---|
| 590,966 | |
| 411,307 39,089 |
|
| 450,396 | |
| 140,570 | |
| 178,417 | |
| 2022 £ 153,999 53,197 |
|
| 207,196 | |
| 2022 £ 39,298 168,234 30,443 9,993 104,427 |
|
| 352,395 |
- 25 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
| 16 Deferred income 2023 £ Other deferred income 83,391 Deferred income is included in the financial statements as follows: 2023 £ Deferred income is included within: Current liabilities 83,391 Movements in the year: Deferred income at 1 April 2022 168,234 Released from previous periods (141,614) Resources deferred in the year 56,771 Deferred income at 31 March 2023 83,391 |
2022 £ 168,234 2022 £ 168,234 71,317 (32,795) 129,712 168,234 |
|---|---|
17 Retirement benefit schemes
Defined contribution schemes
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £81,042 (2022 - £71,318).
- 26 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
18 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Balance at 1 April 2021 £ ASCERT - Thrive - AD:EPT - PHA 36,283 Switch on Employment - Co-Operation Ireland - Princes Trust - Futures 24,525 Education Authority - COVID Funding - RDV Project - PBNI - Small projects - Hagan Homes - 60,808 |
Movement in funds Incoming resources Resources expended Transfers Balance at 1 April 2022 £ £ £ £ 261,021 (243,028) (17,993) - - - - - 593,000 (593,000) - - 1,389,554 (1,153,726) (241,783) 30,328 190,620 (180,219) (10,401) - 17,336 (17,336) - - 37,482 (37,482) - - 245,863 (248,332) - 22,056 24,137 (24,137) - - 3,000 - (3,000) - 12,370 (12,370) - - 157,000 (157,000) - - 15,374 (7,949) (7,425) - - - - - 2,946,757 (2,674,579) (280,602) 52,384 |
Movement in funds Incoming resources Resources expended Transfers 31 £ £ £ 253,090 (253,090) - 153,868 (153,868) - 626,041 (626,041) - 1,506,445 (1,367,000) (140,940) 204,684 (204,684) - - (41) 41 25,497 (25,497) - - - (22,056) 3,714 (3,714) - - - - 57,726 (57,726) - 142,600 (142,600) - 5,388 (3,130) (2,258) 75,000 - - 3,054,053 (2,837,391) (165,213) |
Balance at March 2023 £ - - - 28,833 - - - - - - - - - 75,000 |
|---|---|---|---|
| 103,833 |
See notes 24-27 for explanatory notes to the funds.
- 27 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
19 Designated funds
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
| Balance at 1 April 2021 Resources expended £ £ Property costs 200,000 - Fundraiser 75,000 - Communications 60,000 - Research and development 60,000 - Information technology 100,000 - GRIT 5,330 (1,387) Human resources 300,000 - Central admin support - - Business development - - Volunteer development - - 800,330 (1,387) See note 24 for explanatory notes to the funds. Analysis of net assets between funds Unrestricted funds Restricted funds 2023 2023 £ £ Fund balances at 31 March 2023 are represented by: Tangible assets 140,570 - Current assets/(liabilities) 1,462,079 103,833 1,602,649 103,833 |
Balance at 1 April 2022 Resources expended Transfers 31 £ £ £ 200,000 - - 75,000 - (75,000) 60,000 - - 60,000 - (60,000) 100,000 - - 3,943 - - 300,000 (29,975) - - - 37,500 - - 37,500 - - 60,000 798,943 (29,975) - Total Unrestricted funds Restricted funds 2023 2022 2022 £ £ £ 140,570 178,417 - 1,565,912 1,183,605 52,384 1,706,482 1,362,022 52,384 |
Balance at March 2023 £ 200,000 - 60,000 - 100,000 3,943 270,025 37,500 37,500 60,000 |
|---|---|---|
| 768,968 | ||
| Total 2022 £ 178,417 1,235,989 |
||
| 1,414,406 |
20 Analysis of net assets between funds
21 Financial commitments, guarantees and contingent liabilities
A portion of grants received may become repayable if the company fails to comply with the terms of letter of offer.
- 28 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
22 Operating lease commitments
At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
| Within one year Between two and five years In over five years |
2023 £ 58,811 154,384 - 213,195 |
2022 £ 65,331 208,811 4,384 |
|---|---|---|
| 278,526 |
23 Related party transactions
There were no disclosable related party transactions during the year (2022 - none).
24 Explanatory notes to the funds
Unrestricted Funds
General Reserves
This fund includes all core funding that the charity receives and is expendable at the discretion of the directors for the general purposes of the charity. In addition, funds may be held in order to finance capital investment and working capital.
Designated Funds
Property Costs - £200,000 has been designated as part of the relocation/refurbishment strategy to cover property costs as and when required.
Communications - £60,000 has been designated towards the development of the communications strategy through the appointment of dedicated comms personnel alongside external comms guidance and expertise.
GRIT - this relates to the remainder of funds that were designated to facilitate the continuation and promotion of the legacy of the GRIT service and cover any associated costs.
I.T - £100,000 has been designated for consistent IT upgrades/maintenance ensuring devices in operation across the organisation and the client system remain fit for purpose. Additionally, includes designation for resources for the organisation to become cloud based.
H.R - £270,025 has been designated for HR matters. Additionally, includes designation around the uncertainty of contracts in the current climate and potential redundancy costs etc.
Central admin support - £37,500 has been designated to allow for the provision of admin support to address critical need and shortfall where most required across the organisation.
Business development - £37,500 has been designated to ensure continued business development and exploration into the identification, generation and availability of income generation opportunities and streams.
Volunteer development - £60,000 has been designated to support and enhance volunteer offering by covering additional delivery costs as necessary. Where possible it is envisaged it will sustain the delivery of the volunteer offer if required.
- 29 -
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
START360 LTD
25 Explanatory notes to the funds (continued)
Restricted Funds
AD:EPT
AD:EPT is a service provided by Start360 funded by the South Eastern Health and Social Care Trust and is delivered in partnership with the Trust and the Northern Ireland Prison Service. AD:EPT is a comprehensive substance misuse service providing a multi component model of delivery. It offers a range of services to people in custody who have problems associated with the misuse of substances.
Education Authority
The Education Authority (EA) provides funds through the Thematic Infrastructure grant programme. These funds have supported infrastructure to ensure Start360 can develop and implement adequate monitoring and reporting mechanisms for management and control and ensure delivery staff have the necessary skills, and knowledge to deliver quality services.
ESF - Switch Onto Employment (SOE)
SOE is an intensive 12 week programme designed to help those involved achieve their essential skills in English, Maths and ICT funded through ESF. In addition to these subjects they work towards gaining OCN qualifications in Employability and Personal Development. Like everywhere else, youth unemployment is a massive issue in Northern Ireland. By gaining valuable experience, developing new skills and re-examining their aspirations, Start360 attempts to provide a better platform for these young people to discover a valuable direction in life. For some young people the future is an achievement not a gift.
PBNI
The ENGAGE Women’s Service is funded by the PBNI. This service works with females who are within the criminal justice system, either in the community or within prison. The service’s main aim is to re-engage women with their community, through mentoring support and group work.
The PBNI Protect Life service is funded by the PBNI. This service works with vulnerable young people who present with issues around problem behaviour, self-harm and suicidal ideation. Crisis mentoring is provided to meet the individual needs of vulnerable young people in order to build confidence and increase skills.
RDV Project
RDV is funded by the Royal British Legion. This project provides throughcare support to ex-service personnel who present with drug/alcohol issues and are currently in prison due to return to their community.
Prince's Trust
The service provides counselling services to Prince’s Trust programme participants on a need’s basis including bespoke counselling sessions to individuals and group sessions where appropriate. In addition, the service leads on the promotion of emotional and mental wellbeing services for young people across The Prince’s Trust Northern Ireland. The service also has the knowledge and capacity to be able to signpost programme participants to relevant organisation who can assist individuals with their emotional and mental wellbeing.
- 30 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
26 Explanatory notes to the funds (continued)
PHA
Funding from PHA covers a number of services:
a) DAISY - Youth Treatment Service
DAISY (Youth Treatment Service) is delivered in partnership between ASCERT and Start360, and funded by the Public Health Agency. It provides person-centered programmes for young people and young adults to help reduce the harm caused by their substance misuse. The service offers direct work with the young person through therapeutic mentoring, individual counselling, therapeutic group work and therapeutic play work. Also, DAISY works with the whole family through one to one parent/carer support and systemic family interventions. The service operates in Belfast, South Eastern, Northern and Western Health and Social Care Trust areas.
b) Targeted Life Skills Service
The Targeted Life Skills Service is for young people aged 11-21 years, who are deemed at risk of misusing drugs and/or alcohol. The service delivers a bespoke life skills & harm reduction programme, based on the needs of the group. These skills based education programmes are expected to positively influence a person’s ability to adopt safer behaviours. Start360 delivers this service in the Northern (in partnership with ASCERT) and Southern Health & Social Care Trust areas. The programme is normally delivered over 4 – 8 sessions. The courses are interactive and designed to cater the needs of all young people, taking into account their age and learning ability.
c) YES (Youth Engagement Service)
Funded by the Public Health Agency, YES is a drop-in centre and social space for people aged 15-25, with a focus on promoting positive health and lifestyle choices. Offering information, advice and support on a range of issues including emotional health and well-being, relationships, confidence and self esteem, and drugs and alcohol. It is also a space for people to come and socialise, while at the same time finding assistance on wider issues including employment support and signposting to other services.
d) Protect Life
Start360 delivers Protect Life in three regions: Southern Health and Social Care Trust, South and East Trust and Belfast Trust Areas. Protect Life provides mentoring support for young people who are at risk of Suicide or Self Harm to help them address their specific issues.
e ) Connections
Connections is the development and delivery of an integrated education and prevention plan to raise awareness of the impact of drugs and alcohol locally, under the direction of the PHA and DACTs. Start360 delivers this service in the Northern and Southern Trust areas.
Connections will:
-
Support existing and develop new initiatives that address alcohol and drug related harm in urban and rural areas, including inter-agency/cross partnership working with relevant partners, including Policing and Community Safety Partnerships.
-
Ensure that the Drug and Alcohol Monitoring Information System (DAMIS) is promoted and supported and that the Local Drugs and Alcohol and Community Incident Protocol1 is operated effectively when required.
-
Advocate and promote adherence to existing legislation concerning regulation.
-
Build capacity for those working and volunteering in the community sector to ensure that they have access to relevant information/resources on alcohol and drugs and that they can then provide information, support and signposting to those affected by substance misuse in their communities.
-
Use local media and social media, along with PHA, service provider and partner websites to raise awareness of local alcohol and drug services, issues or concerns.
-
Participate in the roll out of regional initiatives/pieces of work with the other local Community Alcohol and Drugs Information and Networking Services.
-
Build on, or establish, links with existing local and community infrastructures.
-
31 -
START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
27 Explanatory notes to the funds (continued)
f) Voices (Hidden Harm Service)
Voices are therapeutic services for children, young people and families affected by parental substance misuse.
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Funded by the Public Health Agency and delivered in the Northern and Western Trust areas.
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Provides support for children and young people of substance misusing parents/adults.
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· Supports the whole family unit.
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Works directly with the child or young person through therapeutic mentoring, individual counselling, group-therapy, play-therapy and systemic family intervention.
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Offers support to the substance misusing parent/adult, including brief one to one support, group therapy, and support to access and engage with local addiction specialist services.
g) Lads to Dads
Lads to Dads is an accredited group work programme that provides young fathers/fathers to be within the Belfast and Northern Health and Social Care Trust with support in a variety of areas of fatherhood.
h) NIADA
The Northern Ireland Alcohol and Drugs Alliance (NIADA) is funded by the PHA to:
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Allow the PHA to more effectively engage with voluntary and community service providers within the drug and alcohol sector.
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Build greater connections and coherence between agencies and service providers in the third sector.
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Develop strategic momentum in the delivery of shared strategic goals along with the statutory sector.
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Support the development of co-production and design in the delivery of drug and alcohol services.
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Increase the capacity of the third sector within a community development approach.
Small Grants
Small grants incorporate various sources of income from different grant opportunites. These include:
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Grant funding from the PHA to cover service delivery in terms of training and development of staff/ service users.
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Grant funding for staff training/development to deliver new interventions to service users within a particular service.
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Grant funding to deliver specific project based activites to enhance/provide additionality in line with
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existing services.
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Grant funding from the Trust to secure support against additional costs incurred during the COVID-19 pandemic.
Hagan Homes
This was a donation received to be used towards a Volunteer Development service project. This project commenced in August 2023 with the employment of Start360’s first full-time Volunteer Co-ordinator. This vital role will enable the charity to support individuals with experience of the criminal justice system, mental health issues, or substance misuse, to find increased stability in their lives through new volunteering opportunities.
Transfer between Funds
During the year ended 31 March 2023 transfers were made from restricted funds to unrestricted funds where all restricted monies had been expended towards the intended purposes. The charity is able to generate a surplus on some of the projects that are funded by income that the trustees consider to be restricted. Any surplus earned on such projects is transferred to unrestricted funds when the relevant services have been delivered in full and the trustees are satisfied that no amounts will become repayable.
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START360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
| 28 Cash generated from operations Surplus for the year Adjustments for: Investment income recognised in statement of financial activities Depreciation and impairment of tangible fixed assets Movements in working capital: Decrease/(increase) in debtors Increase/(decrease) in creditors (Decrease)/increase in deferred income Cash generated from operations 29 Analysis of changes in net funds The charity had no debt during the year. |
2023 £ 292,076 (33,258) 39,089 12,320 52,301 (84,843) 277,685 |
2022 £ 305,979 (1,456) 52,104 (54,197) (30,254) 96,917 369,093 |
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