SOUTH TYRONE EMPOWERMENT PROGRAMME

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Audit (Ireland) Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the directors' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.”

Group structure

1. SOUTH TYRONE EMPOWERMENT PROGRAMME · parent
   1. STEP Training and Learning Limited 100% · Northern Ireland · provision of interpreting and translation services; consultancy services; adult education and training opportunities, and business management services, which includes management of workspace for micro-enterprise
   2. Dungannon West Renewal Limited 100% · Northern Ireland

Significant events

• “The organisation also developed a social enterprise named STL (STEP Training and Learning Ltd), to help sustain its charitable activities.”
• “The group had net incoming resources for the year of £86,540 (2024 - £595,376).”
• “The Board of Directors have reviewed the key risks facing the charity and have established procedures to manage those risks. Significant external risks to funding have led to the development of a strategic plan which allows for the diversification of funding and activities.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -12.6%

  £2,164,451 → £1,891,402

• Cash

  +16.1%

  £1,405,366 → £1,631,385

• Net assets

  +1%

  £8,853,065 → £8,939,607

• Employees

  0%

  33 → 33

• Profit before tax

  -85.5%

  £595,376 → £86,540

• Wages

  +24.2%

  £674,439 → £837,914

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers