Charity Numbor: 109335
First Management Services
Annual Report and Unaudited Financial Statements
for the financial year ended 31 March 2025

First Management Services
CONTENTS
Page
Reference and Administrative Information
Trustees, Report
Independent Examiner's Report
Financial Statements
Notes to the Financial Statements
9-11
Supplementary Infomiation relating to the Financial Statements
13

First Management Services
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Martin Mccolgan
Peggy Colgan
Nicola Carson
Siobhan McDermott
Philomena Cleary
Charity Number In Northern Ireland
109335
Principal Addres$
Unit 5 Strathroy Enterprise Units
Meelmore Drive
Strathroy
Omagh
Co Tyrone
BT79 7XL
Northern Ireland
Indèpendent Examln&r
CP Accounts
8 Killins Wood Avenue, Mounffield,
Omagh
Co Tyrone
BT79 7UT
Prlncipal Bankers
AIB Bank
24 East Bridge Street
Enniskillen
Co Fermanagh
BT74 78T

First Management Services
TRUSTEES. REPORT
for the financial year ended 31 March 2025
The trustees present their Trustees, Report and the unaudlted financial slalements for the financial year ended 31
March 2025.
The financial statements are prepared in accordance with the Charities Act {Northem Ireland} 2008. FRS 102 Yhe
Financi81 Reporting Standard applicable in the UK and Republi¢ of Ireland" and A¢¢ounting and Reporting by
Charities: Statement of Recommended Practice applicable lo charities preparing their financial slalements in
accordance with the Financial Reporting Stsndard appli¢able in the UK and Republic of Ireland {FRS 102).
The Trustees, Report contains the infomialion required to be provided in the Trustees, Annual Report under Ihe
Slalement of Recommended Practice {SORPI guidelines. The trustees of the charity are also charity trustees for the
purpose of charity law and under the charity's constitution are known as members of the board of trustees.
In this report the Iruslees of First Managemenl Services present a summary of its purpose, governance. activities,
achievements and finances for the financial year 31 March 2025.
The Charity is a registered charity and although not obliged to comply with the Statement of Re¢ommended Practice
applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented ils recommendations where
relevanl in Ihese financial statements.
Mission, Objectives and Stratogy
Mlsslon Stat•mont
First Management Services provides projects offering parenting programmes to our inhabitants on menlal wellbeing.
parenting, food and nutrition and physical activity. The organisation sources funding from different funding bodies to
fund these programmes.
ObJectlve$
The purpose of the ¢harity is lo promote play, health, education and social skills lo the inhabitants of Lisanelly,
Killydogher, Drumragh. Camowen. Strule, Finlona and Carrickmoffj ward areas and Ihe district of Omagh and its
environ$ wilhoul distinction of age. gender. race, political, religious or other opinions. by a$soGiating the statutory
authorities, volun18ry organisalions and inhabilanls in a common effort lo advance education and lo provide facilities
in the interest of social welfare for recreation or other leisure time occupations with the object of improving the
conditions of lrfe for the said inhabitants.
Stru¢turo. Govemance and Management
Structure
The trustees who served during Ihe year are as follows.,
Martin Mccolgan
Siobhan McDermott
Peggy Mccolgan
Philomena Cl8ary
Nicola Carson
The organisaton is governed by ils Constitution.
Rfjvigw of Activities, Achievements and PerfomianGe
The organisalion continues to organise and provide various activities for all ages in the community providing relief of
those in need by reason of youth. age, ilt-heallh. disability. financial hardship or other disadvantage.
Activities organized during the year were.,
Good Relations moming.,
Outing to Glenpark Eslale.,
Smile Baby programme.,
Gardening-
Poly lunnels-
Cook It programme.
Financlal Revlew
The results for the financial year are set out on page 7 and additional notes are provided showing in¢ome and
expenditure in greater detail
Results and Dividends
At the end of the financial year the charity has assets of £20,547 12024 £24,039) and liabilities of £O.0012024
£0.00). The net assets of the charity have decreased by £13,492}.
Reference and Administrative detalls
Reference and administrative details are as ststed on page 3 of the financtal statements.

First Management Servlces
TRUSTEES. REPORT
for the financial year ended 31 March 2025
In accordance with the Constitution, the trustees ￿tIre by rotation and. being eligible. offer themselves for re-election.
Compllan¢• with Sector-wide Loglslation and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. First
Management Services subscribes to and is compliant with the following=
The Charities SORP {FRS 102)
Public Beneflt Statement
The trustees have had regard to the Commissions Public Benefit requirement statutory guidance.
The direct benefits flowing from the purposes of First Management Servi¢es is families are given knowledge so they
can enhance their lives and the lives of their children.
Approved by the Board of Trustees on 29 August 2025 and signed on Its behalf by:
CcLf5of)
Martin Mc
Trustee
olgan
Nl
ola Carson
Trustee

First Management Services
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 March 2025
The trustees are responsible for preparing the financial stalemenls in accordance with applicable law and regulations.
The law applicable to ¢h8ri1ies in Northem Ireland requires Ihe trustees to prepare financial statements for each
financial year which give a true and fair view of the assets, liabilitie5 and financial position of the ch8rity as al the
financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act
(Northern Irelandl 2008.
In preparing these ffinan¢lal ststements, the trustees are required to..
select suitable accounting policies and apply Ihem consislenlly.,
obseNe the methods and prlnciples in the Charities SORP
make judgements and accounting estimates that a￿ reasonable and prudent.
State whether the financial statements have been prepared in accordance with applicable accounting standards,
identfy those standards, and note the effect and the reasons for any material departure from Ihose standards,. and
prepare the financial statements on the going concern basis unless it is inapproprsale to presume that the charity
will continue in operation.
The trustees confinn Ihat they have complied with the above requirements in preparing the flnancial statements.
The trustees are responsible for keeping adequate accounting records that a￿ sufficient lo show and explain the
charity's transactions and disclose with reasonable a¢¢ura¢y at any lime the financial position of the charity and
enable them to ensure that the financial ststements Comply with the Charities Act (Northem Ireland) 2008. They are
also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention
and detedion of fraud and other irregulaTities.
Approved by the Board of Trnsteès on 29 August 2025 and signed on its behalf by:
on
Martin
Trustee
cco
an
Nicola Carson
Trustee

First Management Services
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF FIRST MANAGEMENT SERVICES
I have examined the financial statements of the charity for the financial year ended 31 March 2025. which comprise
the Financial Slalemen*s and the related notes.
This report is made solely to the charity's members. as a body, in accordance with the Charities Act (Northern Ireland}
2008. My work has been undertaken so that I might compile the financial statements Ihal I have been engaged to
compile. report to the Board of Trustees that I have done so, and state those matters that I have agreed to stale to
them in this report and for no olher purpose. To the fullest extent permitted by law, I do not accept or assume
responsibility lo anyone other than the charity and the tharily's members. as a body, for my work, or for this report.
Respectlve ￿sponSibl11t1eS of trustee$ and examiner
The charity's trustees are responsible for the preparation of the financial slatemenls in accordance with the
requirements of Ihe Charities Act {Northem Ireland) 2008. The charity's trustees consider thal an audit is not required
for this financial year under the Charities Act (Northern Ireland) 2008 and that an independent 8xamination is
required.
It Is my responsibility to:
examine the financial statements under s6Ction 65 of the Charities Act.,
follow the procedures laid down by the general Directions given by the Charity Commission for Northem Ireland
under section 6519llbl of the Charities Act; and
state whether p8rti¢ular matters have come to my attention.
Basis of Independent oxaminerfs report
I have examined your charity financial statements as required under section 65 of the Charities Act and my
examination was carried out in accordanGe with Ihe general Directions given by the Charity Commission for Northern
Ireland under section 6519)Ib} of the Charities Act. An examination includes a review of the accounting records kept
by the charity and a comparison of the financial statements presented with Ihose records. It also includes
consideralion of any unusual itemg or disdosures in the financial statements and seeking explanations from the
trustees ¢on¢erning any such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair, view
and the report is limited to those matters set out in the statement below.
In Connection with my examination, no maller has come to my attention which gives me cause to believe that in. any
material re5pect-
accounting records were not kept in accordance with section 63 of the Charities Act
the financial slatemenls do not accord with those accounting records
the financial statements have not been prepared in 2¢¢ordance with the Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS1021
the￿ is further infomiation needed for a proper understsnding of the accounts to be reached.
Independent examlnerfs ststoment
I have no ¢on¢erns and have come across no other matters in connection with the examination to which allention
should be drawn in this report in order lo enable a proper understanding of the financial slalemenls lo be reached.
Conor Eannetta BA (Hon$}
CP ACCOUNTS
8 Killins Wood Avenue, Mounffield,
Om8gh
Co Tyrone
BT79 7UT
Date: 29 August 2025

First Management Services
FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
Unrestrlcted Rè$tri¢tgd
Funds
Funds
2025
2025
Total
Total
2025
2024
Notes
Racolpts and Payments Account
Recelpts
Donation$ and logacies
Donations and legacies
600
Charltable actlvities:
Income from charitable activities
24,244
24,244
11,168
Othor ro¢0ipts:
Grants
5.541
5,541
24,666
Total recelpts
24,244
5.541
29,785
36,434
Payments
Charitable activities:
Events and workshops
Admin expenses
7,069
6.681
19,527
26,596
6,681
19.847
4,431
13.750
19,527
33,277
24,278
Total payments
13.750
19,527
33.277
24,278
Not ro¢0ipt$llpayments) for the flnanclal year
Balances brought forward al 1 April 2024
10.494
8.650
(13,9861
15.389
{3,492)
24,039
12,156
11,883
Balan¢es carried forward at 31 March 2025
19.144
1,403
20,547
24,039
statemènt of Assets and Liabilities
Cash funds
Bank and cash
19,144
1,403
20,547
24,039
Approved by the Board of Trustèès and authorised for issue on 29 August 2025 and signed on Its bèhalf by
Martin
Trustee
olgan
Nicola Carson
Trustee

First Management Services
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
GENERAL INFORMATION
First Management Services is a chariiy incorporated in Northem Ireland. The registered office of the charity is
Unit 5 Strathroy Enterprise Units, Meelmore Drive, Strathroy. Omagh, Co Tyrone, BT79 7XL, Northern Ireland
which is also the princlpal place of business of the charity. The financSal statements have been presented in
Pound l£} which is also the functional curr8ncy of the ¢harity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which are considered
material in relation to the ¢harily's financial statements.
Basi$ of preparation
The financl81 statements have been prepared on the going concern basls under the hIsto￿ra1 cost convenllon,
modified to include certain items at fair value. The financial statements have been prepared in accordance
with the Statement of Recommended Practice {SORP) 'Accounting and Reporting by Charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
FRS 102. applying Section 1A of that Standard.
As permitted by the Companies Act 2006, the charity has varied the stsndard formats in that act for the
Statement of Financial Activities and the Balance Sheet. Departures from the standard fonT)ats are to comply
with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of Ihat
SORP.
Ststem•nt of compliance
The financial statemenls of the charity for the financial year ended 31 March 2025 have been prepared on the
going concern basis and in a¢¢ordance with the Statement of Recommended Practice {SORPI "Accounting
and Reporting by Charities preparing their accounts in accordance w41h the Financial Reporting Standard
applicable in the UK and Republic of Ireland FRS 102., apptying Section 1A of that Standard.
Fund accounling
The following are Ihe categories of funds maintained..
Restrlcted fvnds
Restricted funds represent Income received which can only be used for particular purposes, as specified by
the donors. Such purposes are wilhin the overall objedives of the charity.
Unrestrl¢ted funds
Unreslricled funds consist of General and Designated funds.
General funds represent amounts which are expendable at the discretion of the board, in furtherance of the
objectives of the charlty.
Designated funds comprise unrestricted funds that the board has, al ils discretion, sel aside for particular
purposes. These designations have an administrative purpose only, and do not legally restrict the board's
discretion lo apply the fund.
Incomè
Income is recognised by inclusion in the Slalement of Financial Activits'es only when the charity is legally
enlilled to the income, perfomiance conditions allached to the itemls) of income have been met, the amounts
Involved can be measured with sufficient reliability and It is probable that the income will be received by the
charity.
Incom? from charitable actlvltlas
Income from Gharitable activities include income earned from Ihe supply of services under contractual
arrangements and from performance related grants which have conditions that specify Ihe provision of
particular se￿iceS to be provided by the charity. Income from government and other C￿funderS is recognised
when the charity is legally entitled to the income because it is fulfilling the condilions contained in the related
funding agreements. Where a grant is received in advance, its recognition is deferred and included in
creditors. Where entitlement occurs before income is received, it is accrued in debtors.
Grants from governments and other C￿funderS typically include one of the following types of conditions..
Performance based conditions.. whereby the charity is contractually enlilled to funding only to the extent that
the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a
grant agreement, it re¢ognises the related expenditure, to the exlenl that it is reimbursable by the donor, as
income.
-TSme based conditions.. whereby-the charity is contractually entitled lo funding on the condition that It Is
utilised in a particular period. In these cases Ihe charity recognises the income to the extent it is utilised within

continued
First Management Services
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
the period specified in the agreement.
In the absence of such conditions. assuming th8t receipt is probable and the amount can be reliably
measured, grant income Is re¢ognised once the charity is notified of entitlement.
Grants received towards capital expenditure are crediled to the Statement of Financial Activities when
received or receivable, whichever is eadier.
Expenditurfr
Expenditu￿ is analysed betsveen cosls of charitable activities and raising funds. The costs of each activity are
separately accumulated and disclosed, and analysed according to their major ¢omponents. Expendilure is
recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic
benefils is r8quired in settlement and the amount of the obligation can be reliably measured. Support costs
are those fvnclions that assist the work of the charity but cannot be attributed to one activity- Such costs are
allocated lo activities in proportion to staff time spent or other suitable measure for each activity.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of
withdrawal.
Taxatlon and deferrèd taxation
No current or deferred taxation arises 85 the charity has been granted charitsble exemption. Irrecoverable
valued added tax is expensed as incurred.
Deferred lax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date where transactions or events have occurred al that date that will result in an obligation lo
pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences
between the chariws taxable profits and its results as stated in th8 financial statements.
Deferred tax is measured on an undiscounted basis at th8 tax rates that are anlicipated to apply in the periods
in which the liming differences are expected to reverse, based on tax rates and laws Ihat hav8 been enacted
or substantively enacted by the balance sheet date.
ANALYSIS OF EXPENDrruRE AND RELATED INCOME FOR CHAR￿ABLE ACTIVITIES
Events and
Admin
Total
workshops
expenses
2025
2025
Total
2025
2024
Charitable actlvltles:
Direct and other paymenls
Costs
{26,5961
(6,6811
(33,277)
(24,2781
SUPPORT PAYMENTS
Support
2025
Total
2025
Total
2024
Events and workshops
Admin expenses
7,069
6,681
7.069
6.681
4,800
4,431
Totals
13,750
13.750
9,231
RESERVES
2025
2024
At the beginning of the year
{DeficitllSurplus for the financial year
24.039
(3.4921
11,883
12.156
At the end of the year
20.547
24.039

continued
First Management Services
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
FUNDS
ANALYSIS OF NET ASSETS BY FUND
Current
assets
Total
Restricted trust funds
1,403
1,403
Unrestricted general funds
19,144
19,144
20,547
20,547
POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.
11

FIRST MANAGEMENT SERVICES
SUPPLEMENTARY INFORMATION
RELATING TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
12

First Management Services
SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS
Operating Statement
for the financial year ended 31 March 2025
202S
2024
Income
Donations
LAST Sure Start
CLEAR Project
Fermanagh Omagh District Council
Community Foundalion
Radius Housing - Good Relations
Cash for kids
Kind Little Minds
WHSCT
Miscellaneous income
600
10.857
6.000
1,126
2.000
3,190
11.750
600
16,500
2,416
2.125
7,744
311
29.785
36,434
Expenses
Travellers programmes
WaTm spaces expenses
CLEAR project expenses
Lottery funding expenses
Femianagh Omagh District Counal expenses
Radius Housing- Good Relations
Parenling programmes
Community Foundation expenses
Cash for Kids expenses
Training
Insurance
Repairs and maintenance
Printing, postage and stationery
Advertising
Travel and subsislence
Legal and professional
Bank charges
General expenses
910
1,155
381
5,021
5,770
301
2,419
1,491
250
250
450
2,127
1.124
14,416
3.208
1,106
2,607
1,045
16
37
139
903
5.358
333
702
3.134
236
33,277
24.278
Net {deflcltysvrplu$
13.4921
12,156
The supplementary infomiation does nol fomi part of the financial statements
13