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THE FIRST STEP LTD

Registered charity 1054533 · accounts filings on the Charity Commission register · also known as FIRST STEP, KNOWSLEY DOMESTIC VIOLENCE SUPPORT SERVICE

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Latest income
£1.4m
Latest spending
£1.3m
Registered
1996
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus of £212,457 for the year ended 31 March 2024, with total income of £1,515,806 against expenditure of £1,303,349. Per the trustees' report, unrestricted reserves stood at £544,025, which exceeds the stated policy target of three months' expenditure. The trustees and auditors confirm that the charity has adequate resources to continue operating as a going concern.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £544k)
“The reserves policy has been reviewed, agreed and adopted and states that general funds, not committed to or invested in tangible fixed assets held by the charity, should equate to a minimum of 3 months' expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by DSG Audit. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — The First Step (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.4m
Total spending
£1.3m
Reserves (reported)
£648k
Employees
27

Reported reserves equal ~6.0 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Knowsley

Income and spending

Financial year endIncomeSpending
31/03/2025£1.4m£1.3m
31/03/2024£1.5m£1.3m
31/03/2023£1.1m£998k
31/03/2022£882k£855k
31/03/2021£713k£701k

Common questions

Is THE FIRST STEP LTD financially healthy?

The accounts state that the charity generated a surplus of £212,457 for the year ended 31 March 2024, with total income of £1,515,806 against expenditure of £1,303,349. Per the trustees' report, unrestricted reserves stood at £544,025, which exceeds the stated policy target of three months' expenditure. The trustees and auditors confirm that the charity has adequate resources to continue operating as a going concern. Its FY2024 accounts were audited by DSG Audit.