Docusign Envelope ID.. Fl7617A￿60214E8A.8l FE-B358B472DCDB
Company registration number: 04190963
Charity registration number: 1088596
Homemaker Southwest
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025

Docusign Envelope ID.. F17817AO-60214E8A-81 FE.B358B472DCDB
Homemaker Southwest
Contents
Reference and Administrative Detai15
Trustees, Report
2to7
Statement of Trustees, Responsibilities
Independent Auditors, Report
9t014
Statement of Financial Activities
15
Balance Sheet
16
Notes to the Financial Statements
17to33

Do¢usign Envelope ID.. F17817AO-6021-4E8A41 FE-B358B472DCDB
Homemaker Southwest
Reference and Administrative Details
Trustees
Dr R C Cresswell. M.B.E.
Ms J Froom
MrRWBall
MsNJHall
Ms A L Swayne
Mr P G Forsyth
Andrea Carlisle, Director
Vanessa Handley, Director of Development
Sarah Fayter, Office Manager
Senior Management /
Leadership Team
Charity Registratlon Number 1088596
Company Registration Number 04190963
The charity is incorporated in England and Wales.
Unit I
Stoke Damerel Business Centre
Church Street
Plymouth
PL3 4DT
Registered Office
Auditors
Four Fifty Partnership
Chartered Accountants & Registered Auditor
34 Boulevard
Weston-super-mare
North Somerset
BS23 INF
Page I

Docusign Envelope ID.. F17817A0ffj0214E8A-81 FE-B358B472DCDB
Homemaker Southwest
Trustees, Report
The Trustees, who are directors for the purposes of company law, present the annual report
together with the financial statements and auditors, report of the charitable company for
the year ended 31 March 2025,
Objectives and activities
Objects and aim5
The objects of the charity a5 set out in the Memorandum and Articles of Association are:
il To promote the benefit of the inhabitant5 of the counties of Gloucestershire, Somerset,
Wiltshire, Hampshire, Dorset, Devon and Cornwall and without distinction of sex or political,
religious or other opinions to provide facilities in the interests of social welfare with the
object of improving the conditions of life for the said inhabitants,"
ii) "To relieve persons resident in the designated area who; a) are in conditions of need,
hardship and distress, or b) are homeless or threatened with homelessness.
Our mission is to enable people, especially those who are vulnerable, to set up, maintain
and sustain their homes, and thus prevent homelessness. We believe that everyone has the
right to a safe, secure and affordable home; and that everyone has the right to be treated
with respect, whatever their circumstances. We aim to promote social inclusion.
We fulfil our mission in a variety of ways, including;
- the assessment of what someone needs to maintain their home
provision of advice and support according to individual circumstances, which may include
making sure they get all the benefits to which they are entitled
help with budgeting, paying bills, sorting out rent arrears, and dealing with debts
accompanying clients to court hearings regarding rent arrears
assistance with moving into a property.
We continue to see a strong demand for our services due to the increased needs resulting
from continuing high utility prices and higher costs of living.
Continued hard work and diligence by our Management Team ensured that our annual
income has largely been maintained. This ensured another year of stability for our
experienced staff team. It is remarkable that despite the pressures and uncertainties caused
by the general economic instability, Homemaker has continued to provide an excellent
service to our clients and commissioners. The adaptability and dedication of our staff is
highly commendable.
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Docuslgn Envelope ID.. Fl7817A￿021-4E8A-8l FE-B358B472DCDB
Homemaker Southwest
Trustees. Report
Public benefit
The Charity's principal activities and main beneficiaries are set out in this report, highlighting
the activities undertaken to further our charitable purposes for public benefit. The Charity
does not charge its clients for accessing its services, which are funded either by grants
and/or Service Level Agreements with commissioners. This allows services to be free at the
point of delivery, helping us to access clients in hard-to-reach groups who might not engage
if they could not afford to pay.
Homemaker Southwest operates for the public benefit, and particularly in the following
areas:
preventing and relieving poverty
relieving those in need, by reason of ill-health, disability, financial disadvantage or other
disadvantage
preventing homelessness and promoting independence for disadvantaged people.
During the period l April 2024 to 31 March 2025, the Homemaker staff team:
opened 2,024 new case files
secured £6,860,412 in financial gains for clients, helping them to keep their homes and
maintain their lives
prevented 20 cases of homelessness.
The Trustees confirm that they have complied with the requirements of section 4 of the
Charities Act 2011 to have due regard to the public benefit guidance published by the
Charity Commission for England and Wales.
Use of volunteers
The Charity make5 use of the services of volunteers and the Trustees appreciate and value
their contribution.
There is currently one volunteer who supports the team and assists with benefits and
appeals.
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Docusign Envelope ID.. F17817AO-60214E8A_81 FE.B358B472DCDB
Homemaker Southwest
Trustees. Report
Financial review
The Trustees have reviewed the financial position of the Charity and are agreed that it is
currently viable and trade5 lawfully. It has a number of policies which help to ensure that
the financial position is kept under continuous review; these include quarterly reports from
the management team to the Board concerning cash flow and income/expenditure
statements. These documents are reviewed by the Treasurer who makes spot checks for
accuracy.
A new 2 year + one contract to deliver a Money Advice service to Teignbridge DC started in
April 2024. We also secured a temporary contract to deliver a similar service to Exeter CC
from April-August 2024.
As part of its financial horizon scanning, the Board looks at the security of income going
forward and the proportion of contracts which are secure for the current and future year5.
We are confident that sufficient income is secure for 2025/26, and that we can cover
current expenditure.
In January 2025, Citizens Advice advised that the Money and Pensions Service (MaPSI have
confirmed continuation of funding to deliver a debt service in Plymouth and Torbay until
March 2026. MaPS are currently discussing commissioning a new service from April 2028
and have said that they fully expect existing contracts to continue until the new service is
operational. Demand for the service remains high.
The contracts we have with local authorities continue, with two being re-awarded beyond
March 2026. Torbay Partnership's {FAIR 21 bid to the National Lottery was successful and 2
years of funding runs from April 2025 to March 2027.
We have a total of 12 staff; some are home-based and some are office-based. We continue
to offer both a telephone service and a client face-to-face service where this is appropriate
and necessary. This has increased some cost5 due to home working allowances, which have
been more than offset by a reduction in travelling expenses. We have one office, which is in
Plymouth; this is also our Registered Office address, from which the MaPS team work.
Policy on reserves
In accordance with the Charity Commission's guidance on reserves, the Board has
considered and agreed to a reserves Strategy of creating a contingent reserve equivalent to
a minimum of three months, running expenses plus potential redundancy costs. Thi5 would
enable the Charity to continue its activities for a limited period i n the event of a significant
drop in funding. The reserve (Note 18) currently stands at £168,500, the level required to
fully meet the reserves strategy objective.
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Docusign Envelope ID.. F17817AO-6021-4E8A-81 FE-B3S8B472DCDB
Homemaker Southwest
Trustees, Report
PrincipalAunding sources
Homemaker has a range of funding sources. most of them from statutory bodies such as
local authorities and the Money Advice Service, or from Registered Social Landlords.
The largest expenditure is on salaries for staff who help us to deliver our charitable aims in
the homes and communities of our clients in the South West. The Board agreed a 7% pay
increase with effect from 1st April 2025.
Investment poliry and objertives
Our main accounts are with the Co-operative Bank (current and online savings accounts) as
they have lower costs and a better interface for charities. Reserves have also been lodged in
a Nationwide Building Society Savings Account, a Charity Bank 100 Day Notice Account and a
200 Day Notice Account with United Trust Bank. It is our aim that no one account contains
more than £85K.
Going concern
The trustees have prepared the financial statements on a going concern basis as, in their
opinion, the Charity is able to meet its obligations as they fall due. This opinion is based on
forecasting for the 12 months from signing these financial statements.
The Charity continues to see a strong demand for its services due to the increased needs
resulting from the high cost of living. The Trustees are confident that they will be able to
obtain future funding from a wide range of sources to be able to continue this valuable
work.
As such, the Trustees are of the opinion that it is wholly appropriate to prepare the accounts
on a going concern basis.
Structure, governance and management
Nature of governing document
The charity is a private company limited by guarantee (number 041909631 and was
incorporated on 30 March 2001. It was registered with the Charity Commission (Registration
Number 1088596) on 26 September 2001. The company was established under a
Memorandum of Association which describes the objects and powers of the charitable
company, and it is governed under its Articles of Association.
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Docusign Envelope ID.. Fl7817A￿0214E8A_8l FE_B358B472DCDB
Homemaker Southwest
Trustees, Report
Recruitment and appointment of Trustees
New trustees are appointed by the Board, after consideration of applications from
volunteers. Trustee numbers can vary from a minimum of five to a maximum of twelve.
During 2024125, one Board member resigned and another was recruited. Membership of
the Board remains Stable with a total of six members. Recruitment of additional Board
members is still seen as a priority.
After 18 years as Chair of the Board of Trustees, Richard Cresswell has given notice of his
intention to step down a5 Chair before the end of March 2026. He will remain a Trustee. The
Board has begun a process of reviewing its Governance arrangements.
Induction and truining of Trustees
New Trustees are inducted by the Chair and Executive Directors. Training for Trustees is
arranged as deemed necessary. The Trustees meet regularly, usually 5 meetings per year;
more frequent meeting5 are held when circumstances demand. They are responsible for
setting policies, managing financial affairs, and determining the Charity's strategic direction.
Organisational strurture
The Director, the Director of Development and the Office Manager form the Leadership
Team which runs the Organisation on a day to day basis. All the case workers report to the
Director of Development. The Director of Development, the Off ice Manager and the MAS
Administrator report to the Director.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees:
Dr R C Cresswell, M.B.E.
Ms S Morrison {resigned 18 September 2024>
Ms J Froom
MrRWBall
MsNJHall
Ms A L Swayne
Mr P G Forsyth (appointed 18 December 2024)
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Docusign Envelope ID.. F17817AO40214E8A41 FE-B358B472DCD8
Homemaker Southwest
Trustees, Report
Senior Management /
Leadership Team..
Andrea Carlisle, Director
Vanessa Handley, Director of Development
Sarah Fayter, Office Manager
Disclosure of information to auditor
Each member has taken steps that they ought to have taken as a member in order to make
themselves aware of any relevant audit information and to establish that the charity's
auditor is aware of that information. The Trustees confirm that there is no relevant
information that they know of and of which they know the auditor is unaware.
The annual report wa5 approved by the Trustees of the charity on
on its behalf by:
27 November 2025
and signed
br.
Dr R C Cresswell, M.B.E.
Trustee
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Docuslgn Envelope ID.. F17817AO40214EW81FE-B358B472DCDB
Homemaker Southwest
Statement of Trustees, Responsibilities
The Trustees {who are also the directors of Homemaker Southwest for the purposes of
company lawl are responsible for preparing the Trustees, report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland and Charities SORP 2019
(FRS 102} Statement of Recommended Practice issued in October 2019.
Company law requires the Trustees to prepare financial statements for each financial year.
Under company law the Trustees must not approve the financial statements unless they are
satisfied that they give a true and fair view of the state of affairs of the charitable company
and of the incoming resources and application of resources, including its income and
expenditure, of the charitable company for that period, In preparing these financial
statements, the Trustees are required to:
select suitable accounting policies and apply them consistently,,
observe the methods and principles in the Charities SORP.
• make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards, comprising FRS 102 have been followed,
subject to any material departures disclosed and explained in the financial statements;
and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records that can disclose with
reasonable accuracy at any time the financial position of the charitable company and enable
them to ensure that the financial statements comply with the Companies Act 2006. They are
also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and
financial information included on the charitable company's webslte. Legislation governing
the preparation and dissemination of financial statements may differ from legislation in
other jurisdictions.
27 November 20
Approved by the Trustees of the charity on ..-..........
d signed on its behalf by:
Dr R C Cresswell, M.B.E.
Trustee
Page 8

Docusign Envelope ID.. F17817AO-6021-4E8A-81 FE-B358B472DCDB
Hornemaker Southwest
Independent Auditor's Report to the Members of Homemaker Southwest
Opinion
We have audited the financial statements of Homemaker Southwest (the 'charity'} for the
year ended 31 March 2025, which comprise the Statement of Financial Activities, Balance
Sheet, and Notes to the Financial Statements, including a summary of significant accounting
policies. The financial reporting framework that has been applied in their preparation is
United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, and applicable law (United
Kingdom Generally Accepted Accounting Practice),
In our opinion the financial statements:
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its
incoming resources and application of resources, including its income and expenditure.
for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice,. and
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) IISAS
(UK)) and applicable law. Our responsibilities under those standards are further described in
the auditor 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.
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Docusign Envelope ID.. F17817AO4021-4E8th81 FE-8358&472DCDB
Homemaker Southwest
Independent Auditor's Report to the Members of Homemaker Southwest
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 charitv's ability to continue as a going concern for a period of at least twelve months
from when the original financial statements were 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.
Other information
The Trustees are responsible for the other information. The other information comprises
the information included in the annual report, other than the financial statements and our
auditor's report thereon. 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.
In connection with our audit of the financial statements, 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 audit or
otherwise appears to be materially mi55tated. If we identify such material inconsistencies or
apparent material misstatements, we are required to determine whether there is a material
misstatement in the financial statements or a material misstatement of the other
information. 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.
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report for the financial year for which the financial
statements are prepared is consistent with the financial statements,. and
the Trustees, Report has been prepared in accordance with applicable legal
requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of our knowledge and understanding of the charity and its environment obtained
in the course of the audit, we have not identified material misstatements in the Trustees,
Report.
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Docusign Envelope ID.. F17817AO-60214E8A-81 FE-B358B472DCDB
Homemaker Southwest
Independent Auditor's Report to the Members of Homemaker Southwest
We have nothing to report in respect of the following matters where the Companies Act
2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have
not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns;
or
certain disclosures of Trustees remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Responsibilities of Trustees
As explained more fully in the Statement of Trustees, Responsibilities (set out on page 8),
the Trustees 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 contern basis of accounting unless the Trustees either intend to
liquidate the charity or to cease operations, or have no realistit alternative but to do so.
Auditor 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 15As (UK) will
always detect a material misstatement when it exists. Misstatements can arise frorn 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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Docusign Envelope ID.. F17817AQ-60214E8A_81 FE.B358B472DCDB
Homemaker Southwest
Independent Auditor's Report to the Members of Homemaker Southwest
To address the risk of fraud through management bias and override of controls, we:
performed analytical procedures to identify any unusual or unexpected relationships;
tested journal entries to identify unusual transactions;
assessed whether judgements and assumptions made in determining the accounting
estimates were indicative of potential bias; and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we
designed procedures which included, but were not limited to:
agreeing financial statement disclosures to underlying supporting documentation;
reading the minutes of meetings of those charged with governance and checking for any
instances of safeguarding reports;
reviewing registrations and regulatory returns in relation to debt advice work;
enquiring of management as to actual and potential litigation and claims; and
reviewing correspondence with HMRC, relevant regulators and the company's legal
advisors.
There are inherent limitations in our audit procedures described above. The more removed
that laws and regulations are from financial transactions, the less likely it is that we would
become aware of non-compliance. Auditing standards also limit the audit procedures
required to identify non-compliance with laws and regulations to enquiry of the Trustees
and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise
from error as they may involve deliberate concealment or collusion.
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DocLssign Envelope ID.. F17817AO-60214E8A-81FE-B3588472DCDB
Homemaker Southwest
Independent Auditor's Report to the Members of Homemaker Southwest
Our approach to identifying and assessing the risks of material misstatement in respect of
irregularities, including fraud and non-compliance with laws and regulations, was as follows:
the engagement partner ensured that the engagement team collectively had the
appropriate competence, capabilities and skills to identify or recognise non-compliance with
applicable laws and regulations;
we identified the laws and regulations applicable to the Charity through discussions with
Trustees and other management, and from our knowledge and experience of the sector;
we focused on specific laws and regulations which we considered may have a direct
material effect on the financial statements or the operations of the Charity, including the
Companies Act 2006, Charities Act 2011, Charitie5 SORP 12019 FRS1021, employment law
and health and safety regulations.
we assessed the extent of compliance with the laws and regulations identified above
through making enquiries of management and inspecting legal correspondence. and
identified laws and regulations were communicated within the audit team regularly and
the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the Charity's financial statements to material
misstatement, including obtaining an understanding of how fraud might occur, by:
• making enquiries of management as to where they considered there was susceptibility to
fraud, their knowledge of actual, suspected and alleged fraud- and
considering the internal controls in place to mitigate risks of fraud and non-compliance
with laws and regulations.
Use of our report
This report is made solely to the charitable company's Trustees, a5 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 charity's Trustees those matters we are required to state to
them in an auditorfs 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
its Trustees as a body, for our audit work, for this report, or for the opinions we have
formed.
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Docusign Envelope ID: Fl7877A￿602l-4E8A-81FE-83S8B472DcDB
Homemaker Southwest
Independent Auditor's Report to the Members of Homemaker Southwest
Joy Boswell FCCA FCA (Senior Statutory Auditor}
For and on behalf of Four Fifty Partnership, Statutory Auditor
34 Boulevard
Weston-super-mare
North Somer5et
B523 INF
Page 14

Docusign Envelope ID.. F17817A0*021-4E8A-81FE-B358B472DCDB
Homemaker Southwest
Statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and Expenditure Account and Statement of Total Re¢o8nised Gains and
Losses)
Unrestricted
funds
Total
2025
Total
2024
Restricted
Note
Income and Endowrnents from:
Charitable activities
164,094
7,715
17001
151,463
(2221
19,520
315,557
7,493
18,820
379,245
5,174
19,350
Investment income
Other income
Total Income
171,109
170,761
341,870
403,769
Expenditure on:
Charitable activities
{190,8361
(170,794)
1361,630)
1371,424)
Total Expenditure
{190,836>
(170,794)
1361,630)
1371,424)
Net (expenditure)/income
Transfers between funds
(19,727)
2,507
(331
(2,5071
119,760)
32,345
Net movement in funds
(17,220)
(2,5401
119,760)
32,345
Reconciliation of funds
Total funds brought
forward
294,242
2,540
296,782
264,437
Total funds carried
forward
18
277,022
277,022
296,782
All of the charity's activities derive from continuing operations during the above two
periods.
The funds breakdown for 2024 is shown in note 18.
The notes on pages 17 to 33 form an integral part of these financial statements.
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Docusign Envelope ID= F17817AO40214E8A41 FE_B358B472DCDB
Homemaker Southwest
(Registration number: 04190963)
Balance Sheet as at 31 March 2025
2025
2024
Note
Current assets
Debtors
12
19,108
290,151
17,282
311,256
Cash at bank and in hand
13
309,259
328,538
Creditors: Amounts falling due within one year
14
{32,2371
(31,756)
Net assets
277,022
296,782
Funds of the charity:
Restricted
2,540
294,242
Unrestricted funds
277,022
Total funds
18
277,022
296,782
These financial statements have been prepared in accordance with the special provisions
relating to companies subject to the small companies regime within Part 15 of the
Companies Act 2006.
The financial statements on pages 15 to 33 were approved by the Trustees, and authorised
for issue on 27 Nr>vember 2Q&td signed on their behalf by:
YgF*O¥qth40kn....... . ........
MSJ Froom
Trustee
The notes on pages 17 to 33 form an integral part of these financial statements.
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Docusign Envelope ID.. F17817AO-6D214E8A-81 FE-8358B472DCDB
Homemaker Southwest
Notes to the Financlal Statements for the Year Ended 31 March 2025
I Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently
does not have share capital. Each of the Trustees is liable to contribute an amount not
exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is:
Unit I
Stoke Damerel Business Centre
Church Street
Plymouth
PL3 4DT
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are
set out below. These policies have been consistently applied to all the years presented,
unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP IFRS 1021), the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the
Companies Act 2006.
Basis of preparation
Homemaker Southwest meets the definition of a public benefit entity under FRS 102. Assets
and l labilities are initially recognised at historical cost or tra nsaction value unless otherwise
stated in the relevant accounting policy notes.
The presentation currency of the financial statements is the Pound Sterling (£).
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Docusign Envelope ID.. F17817AO-60214E8A-81 FE-B358B472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
Going concern
The trustees have prepared the financial statements on a going concern basis as, in their
opinion, the Charity is able to meet its obligations as they fall due. This opinion is based on
forecasting for the 12 months from signing these financial statements.
The Charity continues to see a strong demand for its services due to the increased needs
resulting from the high cost of living. The Trustees are confident that they will be able to
obtain future funding from a wide range of sources to be able to continue this valuable
work.
As such, the Trustees are of the opinion that it is wholly appropriate to prepare the accounts
on a going concern basis.
Exemption from preparing a cash flow statement
The charity is exempt from preparing a cash flow statement in accordance with Bulletin I
published on 2 February 2016 and have therefore not included a cash flow statement in
these financial statements.
Income and endowments
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measured reliably.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions
linked to the grants have been met. Where performance conditions are attached to the
grant and are yet to be met, the income is recognised as a liability and included on the
balance sheet as deferred income to be released.
Registered Providers
Income from Registered Providers relates to services provided. This income is recognisable
for the period within which the hours have been worked.
Devon Local Authorities
Income from Devon Local Authorities relates to services provided. This consists of
contracted income and is received at agreed upon amounts per quarter, which is
recognisable for the periods to which the quarterly amounts relate.
Page 18

Docusign Envelope ID.. F17817AO-6o21-4E￿8lFE-B3S8B472DCOB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
Incomefrom other sources
Income from other sources includes both contracted income for services provided and
casework services provided.
The contracted income is received quarterly at agreed upon amounts, which is recognisable
for the periods to which the quarterly amounts relate.
The casework income is recognisable upon the completion of each case.
Investment income
Investment income include5 bank interest received which. is recognTsed once the charitv
receives entitlement to it.
Expenditure
All expenditure 15 recognised once there is a legal or constructive obligation to that
expenditure, it is probable settlement is required and the amount can be measured reliably.
All costs are allocated to the applicable expenditure heading that aggregate similar costs to
that category. Where costs cannot be directly attributed to particular headings they have
been allocated on a basis consistent with the use of resource5, With central staff costs
allocated on the basis of time spent, and depreciation charges allocated on the portion of
the asset's use. Other support costs are allocated based on the spread of staff costs.
Charitable artlvities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated
directly to such activities and those costs of an indirect nature necessary to support them.
Grant expenditure
Grants payable are payments made to third parties in the futherance of the charitable
objectives. Where the charity gives a grant with conditions for its payment being a specific
level of service or output to be provided, such grants are only recognised in the SOFA once
the recipient of the grant has provided the specific service or output.
Grants payable without performance conditions are only recognised in the accounts when a
commitment has been made and there are no conditions to be met relating to the grant
which remain in the control of the charity.
Provision for grants are made when the intention to make a grant has been communicated
to the recipient but there is uncertainty about either the timing of the grant or the amount
of grant payable.
Page 19

Docusign Envelope ID. F17817A040214E8A41 FE.B358B472DCDB
Homemaker Southwest
Notes to the Financial Statements forthe Year Ended 31 March 2025
Support costs
Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, for example, allocating property costs by
floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance
Act 2010 and therefore it meets the definition of a charitable company for UK corporation
tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of
income or capital gains received within categories covered by Chapter 3 Part 11 of the
Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to
the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £1,000 or more are initially recorded at cost, less any
subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less
any estimated residual value, over their expected useful economic life as follows:
Asset class
Depreciation rnethod and rate
33% on cost and 15% reducin8
balance
Plant and machinery etc
Trade debtors
Trade debtors are amounts due from funding providers for services performed in the
ordinary course of business.
Trade debtors are recogni5ed initially at the transaction price. They are subsequently
measured at amortised cost using the effective interest method, less provision for
impairment. A provision for the impairment of trade debtors is established when there is
objective evidence that the charity will not be able to collect all amounts due according to
the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term
highly liquid investments that are readily convertible to a known amount of cash and are
subject to an insignificant risk of change in value.
Page 20

Docusign Envelope ID.. F17817AO4021-4E8A-81 FE-83588472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the
ordinary course of business from suppliers. Accounts payable are classified as current
liabilities if the charity does not have an unconditional right, at the end of the reporting
period, to defer settlement of the creditor for at least twelve months after the reporting
date. If there is an unconditional right to defer settlement for at least twelve months after
the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured
at amortised cost using the effective interest method.
Fund structure
Unrestricted funds
Unrestricted income funds are general funds that are available for use at the trustee5'S
discretion in furtherance of the objectives of the charity. The unrestricted funds operated by
the charity is as follows:
Contingency reserve
The contingency reserve is a designated reserve that has been created in line with the
charity's policy to generate sufficient reserves to cover three months running costs
combined with staff redundancy costs.
Page 21

Docusign Envelope ID. F17817A0*0214E8A_81 FE_B358B472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
Restricted funds
Restricted income funds are those donated for use in a particular area or for specific
purposes, the use of which is restricted to that area or purpose. The different restricted
funds operated by the charity are as follow5:
Specific Client Support
These are grants received from charitable foundations and other sources to help individual
clients with particular expenses in times of severe hardship. The only expenditure
recognised for this fund is the payment of grants to the agreed individuals.
Citizens Advice Face 2 Face
This is a long term project to deliver debt advice services on behalf of The Citizens Advice
Bureau in the Plymouth area. Expenditure is recognised for this fund on an apportioned
basis. Staff costs are apportioned based on the employee5 that work for this service.
Overheads relating to the Plymouth premises are fully allocated to this fund. Other
overheads and support costs are apportioned at a rate of 50% unless a more appropriate
split is identifed.
Sanctuary
These funds are for the purpose of resettlement and tenancy support for Sanctuary tenants.
The only expenditure recognised for this fund is directly attributable staff costs, based on
the employees that work for this service.
Pensions and other post retirement obligations
Pension costs are incurred by way of employer's defined contributions to employees,
personal pension schemes. The contribution rates are 3%, 6¥0 or 8Yo of gross salary and costs
are wholly charged to the SOFA in the year in which they are incurred. Details of the costs
and any outstanding amounts are shown in the notes to the accounts.
Financial instruments
Classificotion
Financial assets and financial liabilitie5 are recognised when the charity becomes a party to
the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the
contractual arrangements entered into. An equity instrument is any contract that evidences
a residual interest in the assets of the charity after deducting all of its liabilities.
Page 22

D￿￿Sign Envelope ID.. F17817AO-6021-4E8A-81FE-8358B472DCDB
Homemaker Southwest
Notes to the Flnancial Statements for the Year Ended 31 March 2025
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including
transaction costs), except for those financial assets classified as at fair value through profit
or loss, which are initially measured at fair value (which is normally the transaction price
excluding transaction costs), unless the arrangement constitutes a financing transaction. If
an arrangement constitutes a financing transaction, the financial asset or financial liability is
measured at the present value of the future payments discounted at a market rate of
interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when,
and only when there exists a legally enforceable right to set off the recognised amounts and
the charity intends either to settle on a net basis, or to realise the asset and settle the
liability simultaneously.
Financial assets are derecognised when and only when al the contractual rights to the cash
flows from the financial asset expire or are settled, b} the charity transfers to another partv
substantially all of the risks and rewards of ownership of the financial asset, or c) the charity,
despite having retained some, but not all, significant risks and rewards of ownership, has
transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is
discharged, cancelled or expires.
Volunteers
The value of services provided by volunteers is not incorporated into these financial
statements.
Further detail of the contribution made by volunteers can be found in the trustee's annual
report.
3 Income from charitable activlties
Unrestricted
funds
Total
2025
Total
2024
Restricted
Registered Providers
Devon Local Authorities
Other sources
9,329
124,357
30,408
5,000
14,329
124,357
30,408
146,463
19,405
121,120
84,998
153,722
Face 2 Face
146,463
164,094
Page 23
151,463
315,557
379,245

Docusign Envelope ID.- F17817A0$0214E8A.81 FE.8358B472DCDB
Hornemaker Southwest
Notes to the Financial Ststements for the Year Ended 31 March 2025
4 Investment income
Restricted
Total
Unrestrlcted
funds
funds
funds
Interest receivable and similar income;
Interest receivable on bank deposits
7,715
{222)
7,493
Total for 2025
7,715
{2221
7,493
Total for 2024
4,951
223
5,174
5 Expenditure on charitable activities
Restricted
Total
Unrestricted
fund5
funds
funds
Note
Staff costs
Allocated support costs
Other support costs
171,195
14,412
5,229
104,554
61,011
5,229
275,749
75,423
10,458
Total for 2025
190,836
170,794
361,630
Total for 2024
182,859
188,565
371,424
Included within the expenditure analysed above, there are governance costs of £10,458
(2024 - £12,126) which relate directly to charitable activities. See note 6 for further details.
Page 24

Docusign Envelope ID.. F17817AO-60214E8A-81 FE-B358B472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
6 Analysis of governance and support costs
Other support costs
Unrestricted
funds
Total
2025
Total
2024
Restricted
Audit fees
Audit of the financial
statements
660
660
1,320
1,980
7,158
2,836
2,000
7,290
Other fees paid to auditors
Legal fees
990
990
3,579
3,579
5,229
5,229
10,458
12,126
7 Net incoming/outgoing resources
Net loutgoing)/incoming resources for the year include:
2025
2024
Audit fees
1,320
2,836
8 Trustees remuneration and expenses
No Trustees, nor any persons connected with them, have received any remuneration from
the charity during the year,
No trustees have received any reimbursed expenses from the charity during the year.
9 Staff costs
The aggregate payroll costs were as follows:
Page 25

Docusign Envelope ID.. F17817AQ-60214E8A-81 FE-B358B472DCDB
Homemaker Southwest
Notes to the Financial Statements forthe Year Ended 31 March 2025
2025
2024
staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
250,496
14,261
10,992
251,920
14,466
11,134
275,749
277,520
The monthly average number of persons (including senior management / leadership team)
employed by the charity during the year expressed as full time equivalents was as follows:
2025
2024
No
No
Employees
13
12
No employee received emoluments of more than £60.000 during the year.
The total employee benefits of the key management personnel of the charity were £55,910
(2024- £54,281},
IOTaxation
The charity is a registered charity and is therefore exempt from taxation.
Page 26

Docusign Envelope ID.. F17817AO40214E8A-81 FE-B358B472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
11 Tangible fixed assets
Furniture
and
equipment
Total
Cost
At l April 2024
Disposals
2,298
2,298
{2,298) (2,298)
At 31 March 2025
Depreciation
At l April 2024
Eliminated on disposals
2,298
2,298
(2,298) (2,298)
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
12 Debtors
202S
2024
Trade debtors
5,168
8,641
2,975
2,324
6,943
8,089
Prepayments
Accrued income
Other debtors
2,250
19,108
17,282
13 Cash and cash equivalents
2025
2024
Cash on hand
Cash at bank
33
290,118
22
311,234
290,151
311,256
Page 27

Docusign Envelope ID.. F17817Alk60214E8A-81 FE-8358B472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
14 Creditors: amounts falling due within one year
2025
2024
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
1,593
5,251
7,534
17,859
1,556
5,409
15,171
9,620
32,237
31,756
2025
2024
Deferred income at l April 2024
Resources deferred in the period
{5,290}
{8,233}
{13,523}
16,368}
1,078
Deferred income at year end
{5,2901
The charity ha5 deferred income due to income received in advance for services not yet
provided £8,52312024: £5,290). There was also a grant received towards the end of the
year which relates to the following accounting period, which has therefore been included
within deferred income - £5,000 {2024: £nill.
15 Obligations under leases and hire purchase Contracts
Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as
follows:
Page 28

Docusign Envelope ID.. F17817AO-60214E8A-81FE-B358B472DCDB
Homemaker Southwest
Notes to the Flnancial Statements for the Year Ended 31 March 2025
2025
2024
Land and bulldings
Within one year
Between one and five years
10,500
8,750
7,694
19,250
16,694
Other
Within one year
Between one and five years
1,320
1,320
768
2,640
768
16 Commitments
Pension commitments
The charity operates a defined contribution pension scheme. The pension charge for the
period represents contributions payable by the charity to the scheme and amounted to
£10,991 (2024: £11,134}. As at the balance sheet date pension contributions payable of £58
(2024: £1,127) are included within other creditors.
Page 29

Docusign Envelope ID.. F17817AO4021-4E8A41 FE-B358B472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
17 Contingent liabilities
Homemaker Southwest participates in the Pensions Trust's Growth Plan (the Plan) which is a
multi-employer pension plan. The plan is funded and is not contracted out of the State
scheme.
If an actuarial valuation reveals a shortfall of a55ets compared to liabilities, the Trustees
must prepare a recovery plan setting out steps to make up the shortfall.
Following a change in legisation in September 2005 there is a potential debt on the
employer that could be levied by the Trustees of the plan and The Pensions Act 2011 has
more recently altered the definition of Series 3 of the Growth Plan so the liability arises to
employers from membership of any Series except Series 4. The debt becomes due in the
event of the employer ceasing to participate in the Plan or the Plan winding up.
The Growth Plan is a 'last man standing" multi-employer scheme. This means that if a
withdrawing employer is unable to pay its debt on withdrawal, the liability IS shared
amoungst the remaining employers. The participating employers are therefore, jointly and
severally liabile for the def icit in the Growth Plan.
Homemaker Southwest has been notified by the Pensions Trust of the estimated employer
debt withdrawal from the Plan based on the financial position of the Plan as at 30
September 2024 (most recent valuation available). As at that date the estimated employer
debt for Homemaker Southwest was £9.538 {2024: £8,717).
To avoid the potential debt crystallising Homemaker Southwest continue to contribute to
the Series 4 scheme provided by the Pensions Trust.
Page 30

Docusign Envelope ID.. F17817AO-60214E8A-81 FE-8358B472DCDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
18 Funds
Balance at
l April
2024
Balance at
31 March
2025
Incoming Resources
resources
expended Transfers
Unrestricted funds
Unrestrirtedfunds
Unrestricted income
fund
132,242
162,000
171,109
(190,836)
13,993)
6,500
108,522
168,500
Contingency reserve
294,242
171,109
(190,836)
2,507
277,022
Restricted funds
Probation rent spend
Specific client support
Citizens Advice Face 2
Face
33
{223)
19,520
190
2,507
(19,520)
{2,507)
146,464
5,000
(146,464>
(5,000)
Sanctuary
Total restricted funds
2,540
170,761
(170,7941
{2,507>
Total funds
296,782
341,870
{361,630)
277,022
Page 31

Dowsign Envelope ID.. F17817AO-60214E8A-81 FE-B358B4720CDB
Homemaker Southwest
Notes to the Financial Statements for the Year Ended 31 March 2025
Balance at
l April
2023
Balance at
31 March
2024
Incoming Resources
resources
expended Transfers
Unrestricted funds
Unrestrictedfunds
Unrestricted income
fund
97,359
140,500
244,748
1182,8591 127,0061
21,500
132,242
162,000
Contingency reserve
237,859
244,748
(182,859)
15,5061
294,242
Restricted
Probation rent spend
Specific client su pport
Citizens Advice Face 2
Face
223
{1901
33
2,507
2,507
24,071
153,798
5,000
1180,6681
17,7071
2,799
2,707
Sanctuary
Total restricted funds
26,578
159,021
1188,5651
5,506
2,540
Total funds
264,437
403,769
1371,4241
296,782
19 Analysis of net funds
At l April
2024
At 31 March
2025
Cash flows
Cash at bank and in hand
311,256
121,105)
290,151
Net debt
311,256
121,105)
290,151
At l April
2023
At 31 March
2024
Cash flows
Cash at bank and in hand
281,011
30,245
311,256
Net debt
281,011
30,245
311,256
Page 32

Docusign Envelope ID.. FI7817A￿02l4E8￿8IFE-B3S8B472DCD6
Homemaker Southwest
Notes to the Financial Statement5 forthe Year Ended 31 March 2025
20Analysis of net assets between funds
Total funds
at 31 March
2025
Unrestricted Contingency
funds
reserve
Restricted
Current assets
123,454
(14,9321
168,500
17,305
{17,305)
309,259
(32,2371
Current liabilities
Total net assets
108,522
168,500
277,022
Total funds
at 31 March
Restricted
Unrestricted Contingency
fund5
reserve
funds
2024
Current asset5
148,559
(16,317)
162,000
17,979
{15,439)
328,538
{31,7561
Current liabilities
Total net assets
132,242
162,000
2,540
296,782
21 Related party transactions
There were no related party transactions in the year.
Page 33