Charlty reglstratlon number 1097005 (England and Wales) Company reglstratlon number 04698694 HOME START NorriNGHAM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
HOME START NOTTINGHAM LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms C Stephens - Co Chair Ms C Howling- Co Chair Mr R Paton - Trustee Treasurer Dr H Roberts MSA Haggar Ms J Burg888 Mr P Hunt Miss I Zafar Secretsry Ms S Leivers Senlor staff Mr J Vvakefield (Chief Executive OffKer) Ms S Leivers (Business Manager) Charlty number 1097005 Company numbèr 04898694 Rog18t•red offlco Sulte 9 Amold Business C8ntr8 Brookfield Gardens Arnold Nottingham NG5 7ER Independent exarnlner Rogers Spencer Newstead House P81ham Road Nottingham NG5 1AP Bankern TSB Bank plc PO Box 1000 BX4 7SB
HOME START NOTTINGHAM CONTENTS Page Trustees, report Independent examinerfs report statement of financial activits.es Balance sheet Stalement of cash flows Notes to the financial Statements 10-19
HOME START NOTTINGHAM TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and finanaal statements for the year ended 31 March 2025. The financial statements have been prepared in accordance wlth the accounting policies set out in note 1 to the financlal statements and comply wlth the charity's governing document, the Companies Act 2006 and "Accountlng and Reporting by Charities.. Statement of Recommended Practice applicable to ch8rities preparing their accounts In accordance with the Financial R8POrting Standard applicable In the UK and Republic of Ireland (FRS 102). (as amend8d for accounting periods commencing from 1 January 2016) Oblectlves and actlvltl•s The trustees of Home Start Nottingham have pald due regard to the Charity Commlsslon guidance on public benefit reporting In deciding what activities the charfty has undert8ken this year. The objectives for which Home Start Nottingham is established are: To safeguard, protect and pres8rv8 the good health, both mental and physical, of chlldren and part8 of chlldren To prevent cruelty to or maltreatment of chlldren To Trlleve sickne88, PQV8ty and need amongst chlldren through the support of their parents and guardians To promote the education of the pub51c In better standards of childcare wlthln th8 area of Nottingham City and Its envlrons, and the boroughs of BroxtOW8, Gedling, Rushcliffe and Ashfleld. During the ye8r, Home Start Nottingham has contributed to it'8 objectives by supporting 85 {2024.' 83) families and 193 (2024.. 198) chlldren through our home visiting and group organised activities. A¢hhvements and performance Any family with at least one child under 8 years of age livlng wlthln the charity's catchment areas can refer themselves to the charity or be referred by another agency with the family's permission. AeptIng support from Home Start Nottingham is entirely a matter of choice for the family concemed. Parents have benefitted by increased self-confidence and more engagement within their local communltles. Children have benefited from their parents, Improved parenting skills and the impact of posltive role rnodelling by volunt88r8. Following a review of other community 8UPF)Ort, undertaken in the autumn of 2023 our family group sessions relocated from Clifton to venues in Beechdale and Arnold. The sesslons have continued to take place in their new locations throughout the year. The group sessions are funded from Home-start Nottingham's unrestricted reserves. Play sessions are arranged to provide children with more SDcial and educational opportunities. Families are signposted to health services and referral made to the local foodbanks as required. Through home visiting and support given by volunteers, parents are helped to provide safer environments for their children and healthler lifestyles. During the financial year our volunteers have provided 12,300 hours of support to local families. {2024.' 9,126 hours).
HOME START NOTTINGHAM TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal review The challenging economic landscape experienced in previous years continued throughout the financia year to March 2025. Despite this, total income increased sllghtly to £663,270 (2024: £659,424). Considering the tough economic landscape the trust88s felt the small year on year Increase in income sb'll constitutes a *rong financlal perfonnance. Donatlons and Legacy income was £23.884 (2024: £49,179). This year on year 8lgnfficant reduction was wholly down to one donor who made a large donatlon in March 2024 choosing not to make a similar donation in March 2025. Charilable activty income Increased year on year by £18,551 as a result of the following major contrlbutlng factors: Home Start Nottingham were awarded a £70,000 grant from the Postcode Community Trust. The year to March 312025, was the last y8ar of the 10 year commissioned servlces contract with SSBC, vthich end8d in March 2025. Reduced actlvlty levels in the final year of the contract resulted In a decline of operational Income of £90,949 in comparison to the previous year. On a more favourable note, as result of ten years of exemplary delivery of services, SSBC rewarded Home Stsrt Noth"rKJham wlth one-off £20,000 contributlon to the reserves of the charlty. The funding received from Nottinghamshlre County Councll Local Communities Fund (NCCLCF), the Henry Smith Charty and the Garfield Weston Foundation rernalned at the same levels as In the previous year at £27,296, £30,000 and £15,000 r88pectively. other income In the year was £29.032 (2024: £18,442). Following the continued rise in the Bank of England base interest rates during the year, Home-start Nottingham contlnu8d to benefft from its strong cash posltlon. Re8erv68 Pollcy The trustees wlsh to maintain 8 level of unrestrlcted reserves which will enable the charlty to meet its financi81 obligations should the charlty be unable to continue. The r888pies policy is reviewed annually and the trustees have agreed to set the level n88ded 8t three months, running costs. Three months running costs {excludlng the 8ervice contract viith HIIF)) amount to approximately £88,000. The unrestricted reserves held at 31 March 2025 of £751,603 are therefore considered adequate for this purpose. As a resutt of changes to legislation Introduced in The Pensions Act 2011, Home Start Nottingham was advised by its penslon provider, the Pensions Trust, that it faces a potential liability for debt on withdraNal from the pension scheme. The trustees have built reserves to a level sufficient to cover this Ilabllty and review this position regularly (see note 15). Home Start Nottingham was made subject to auto enrolment of pensIS in July 2016. Future As mentloned in the Financial review al)ove the commissioned seThiices contract with SSBC ended in March 2025. For the last 10 years. this commissioned services contract has accounted for approximately 70% of the total revenue of Home Start Nottingham. The Trustees believe that the financial resources of the Home Start Nottingham will allow the charity to manage the cessation of the cornmission services contract with SSBC on its operations for the foreseeable future. Structurè, governance and management Home Start Nottingham is a registered charity, Charty number 1097005. The Charity is incorporated under company number 04698694 as a company limited by guarantee and is therefore governed by a memorandum and articles of association. The Trustees, who are also the directors ft)r the purpose of company law, and who sepied during the year and up to the date of signature of the financial statements were..
HOME START NorriNGHAM TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ms C Stephens - Co Chair Ms C Howling- Co Chair Mr R Paton - Trustee Treasurer Dr H Roberts Ms A Haggar Ms K Blenklnsop Ms J Burgess Mr P Hunt Miss I Zafar (Resigned 18 November 2024) The Trustees of Home Start Nottingham employ the staff and are responsible for the effective management of Home Start Nottingham induding funding, insurance, premises and good employment practice. The Trustees ensure that proper links are d8vek)ped with statutory carlng agencies and with other voluntary organisatlon8 wlthin the community. The trustee6 meet at least eleven times a year in accordance with the Memorandum and AcleS of Associatlon of Home Start Nottingham, which specify meeting at least four time8 a year. Rl8k factorn As part of th8lr overall duties of management the trustees have a responsibillty to ensure that major risks to which Home Start Nottingham is exposed are rev18W8d and that systems are establlshed to mitigate those risks. The trustee8 conslder that a major risk is one whlch If It occurs would have a severe impact on operational perforniance, achievement of aims and objective8, or could damage the reputation of Home Start Nottingham, changing the way the trustees, volunteers or families might deal with Home Start Nottingham. The Irust8e8 recognise that risk can arise, not only from Home Start Nottingham's 8Ctivities but also from failure to act or exploit opportunities. Whilst we are an independent local charlty, Home Start Nottingham is a federated member of Home Start UK. This membershlp brings the important benefit of Internal policy development and the qualty assurance framework. The federation also works hard to Influence national poli development to lurthar our shared strate9ic vision and ml88ion. Truste• R•crultmonL Inductlon and Tralnlng Home Start Nottingham Garries out a skills audit of current trustees which Klentitles knowledge gaps within the board and then actively takes steps to recruit trustees accordingly. In order to become familiar with the practical work of the Charity, trustees will receive a copy of the Annual Report, the Memorandum and Artides and the latest financlal reports, together with being asslgned a buddy (a mentor from the existing trustee board). They will al80 meet wlth the Scheme Manager and existing trust8es as well as being offered opportunltles to visit with the staff team. Addltlonally, they (along with Management Committee members and any trustee8 who would like to take refresher training} are invited to attend induction training which covers the followlng areas: Gov8mance The Home Start Agreement Training and Support Roles and Responslbilities Communication Local Scheme Infomiation Best Practice Guides Safeguarding Quality Assurance All trustees are then signposted to any oth8r relevant training throughout the year.
HOXE 3TART NOTnNGHAM Is..... 202S
HOME START NorriNGHAM INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME START NOTTINGHAM I report to the Trustees on my examination of the financial ststements of Home Start Nottlngham (the charity) for the year ended 31 March 2025. Responslbllltl•s and bas18 of report As the Trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparatlon of the financial statements in accordance WFth the requlrements of the Companies Act 2006. Having satisfied myself that the financial statements of the charty are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examinatlon I have followed the Directions given by the Charity Commission under section 145(5)(b) d the CharitiesAct 2011. Independent exarnln•rfs ststement Since the charty's gross income eXeded £250,000, the Indeperent examiner must be a member of a body listed in 8ectlon 145 of the Charities Act 2011. 1 confirm that l am quallfied to undertake the examlnatlon because l am a member of Chartered Accountants, lch is one of the listed bodles. I have completed my examination. I confirni that no matter8 have come to my attention in connection with the examinatlon glving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by sectlon 386 of the Companies Act 2006. the financial statements do not accord with those records. or the financl81 statem8nts do not comply wlth the accounting requirements of Section 396 of the Companles Act 2006 other than any requirement that the financial statement8 give 8 true and fair view, which i s not a matter considered as part of an independent examination., or the financial statements have not been prepared In accordance wlth the methods and prlnciples of the statement of Recommended Practice for accounting and reporting by charities appllcable to charities preparlng their financial statements In accordanc• wlth the Flnancial Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102). I have no concems and have come across no other matter8 in connection with the examination to which attentlon should be drawn in this report in order to enable a proper understanding of the financial 8tatements to be reached. Melvin Balley FCCA DChA for and on behalf of Rogers Spencer Chartered Accountants Newstead House Pelham Road Nottingham NG5 1AP Is]f/25
HOME START NOTTINGHAM STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Currentflnancial year Unrestrlcted Restrlcted funds funds 2026 2025 Total Total 2025 2024 Note8 Donations and legacies Charitable activities Other income 23,884 154,500 29,032 23,884 49,179 455,854 610,354 591,803 29,032 18.442 Totsl Income 207,418 455,854 663,270 659.424 Charitable activitles 127,769 436,067 563,836 635,361 N•t Incomlng r080urces before transfern 79,647 19,787 99,434 24,063 Gros8 transfers between lunds 19,787 {19,787) Net Income for the yearl Net movemant In fund8 99,434 99,434 24,063 Fund balance8 at 1 Aprll 2024 852,189 652,189 628,108 Fund balances at 31 March 2026 751,603 751,603 652,169 The statement of financial activitles Includes all gains and losses recognised in the year. The statement of flnancial activities includes all galns 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 expandf(ure account under the Companies Act 2006.
HOME START NOTTINGHAM STATEMENT OF FINANCIALACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prlor financlal year Unra8tricted Restrlcted funds funds 2024 2024 Totsi 2024 Notes Donations and legacles Charitable activities other Income 49,179 45,000 18,442 49,179 591,803 18,442 546,803 Totsl Income 112,621 546,803 659,424 Charitable activities 115,917 519,444 635,361 Net Incomlng re80urces before trnn8fer8 (3,296) 27,359 24,063 Gro88 transfers between funds 27,359 {27,359) Not Income for the y6arl Net movement In fvnds 24.063 24,063 Fund balances at 1 Aprll 2023 e28,106 628,106 Fund balances at 31 March 2024 652,169 652,169 The statement of financlal actlvltles Include8 all gains and losses recognlsed In th8 year. The statement of financial activities inGludes all gain8 and Ioss8s recognised in the year. All Income and expenditure derive from continuing activities. The ststement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
HOX START NOTTINGfr AS AT 91 MARCH 2026 11 2J79 7PI.741 ••U17 ' 79927Q 748.T24 2,ieg 701mJ fA2.189 751
HOME START NOThINGHAM STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng a¢tivitle8 Cash (absorbed by)Igenerated from operations 18 (7,142) 45,472 Investlng actlvltles Purchase of tangible fixed a888t8 (188) (561) Not cash usad In Inva8tlng actlvltkn$ (188) (561) Net cash used In flnanclng actlvltlos Not {decreas•)Ilncrease In cash and cash equlval•nts (7,330> 44,911 Cash and ¢ash aqulvalents at beginnlng of year 791,741 746,830 Cash and cash equlvalents at end of year 784,411 791,741
HOME START NorriNGHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charlty Infomiatlon Home Stsrt Nottingham Is a prlvate company limited by guarantee Incorporated in England and Wales. The registered office is Suite 9, Amold Buslness Centre, Brookfield Gardens, Nottingham, NG5 7ER. 1.1 Accountlng conventlon The financial statements have been prepared in accordance wlth the charty's goveming document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard appllcable In the UK and Republic of Ireland. ('FRS 102°) and Charitles SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charltles pr8P8ring their accounts in accordance wlth the Financial Reporting Stsnd8rd applicable in the UK and Republlc of Ireland (FRS 102)" (effective 1 January 2019). The charity is 8 Publlc Benefft Entity as defined by FRS 102. The financial statements are prepared In sterling, which is the functional currency of the charity. Monetary amount$ In these financial statements are rounded to the nearest £. The financlal statements have bean prepared under tho hlstorlcal cost convention. The prlncipal accountlng policies adopted are 6et out below. 1.2 Golng concern At the time of approving the flnancial ststements, the Trustees have a r8asonable expectation that the charity has adequ8te resources to contlnue In operational existence for the foreseeable future. Thus the Twstees continue to adopt the going concern basls of accounting in preparing the financ1818tatements. 1.3 Charltsble funds Unrestricted g8n8ral funds - these are funds which can be u8ed in 8ccordance with the charltable objects at the discretion of the trustees. Restricted funds- these are furKls that can only be used for partlcular restricted purposes wlthin the objects of the charity, Restrictions arlse when specrfied by the donor or when funds are raised for parb"cular restricted purposes. 1.4 Income All incoming resources are included in the statement of financial activities when the charlty18 8ntitl8d to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Voluntsry Income is received by way of grants, donations and gifts and is included in full in the Statement of Flnanclal Activities when re1Vable. Grants, where entitlernent is not conditional on the delivery of a specific p8rformance by the charity, are recognlsed when the charity become8 unconditionally entitled to the grant. Donated services and facilities are Included at the value of the charity where thls can be quantified. The value of seniices provided by volunteers has not been included in these accounts. Investmerrt income is induded vthen receivable. Incoming r8sourc8s from grants. where related to perfonnance and Specific deliverables. are accounted for as the charity eams the right to consideration by its performance. 10-
HOME START NorriNGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies {Continued) 1.5 Expondlture Expenditure is recognised once there is a legal or constructive obllgation 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 8Ctivity are made up of the total of dlr*t costs and shared costs. including support cnsts involved in undertaklng each activity. Direct costs attributable to a 8ing18 activity are allocated dlrectly to that activity. Shared costs which contribute to more than one activity and support costs which are not attrlbutable to a single activty are apportloned belMeen 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 on an accrual basis as a liability is incurred. Expenditure indud•s any VAT which cannot be fully recovered, and Is reported as part of the expenditure to which It relates: Costs of generating funds ¢omprf8e the costs a88(lated wlth attracting voluntary Income. Charitable expendlturè comprlses those cost8 Incurred by the charity in the dellvery of its activitie8 and services for its beneficiaries. It includes both c08ts that can be allocated directly to such activities and those costs of an Indirect nature nec&8sary to 8UPPOrt them. Govemance costs include th08e costs associated with meeting the constitutlonal and statutory requlrements of the charity and include the audlt fee8 and costs linked to the strateglc management of the charlty. All costs are allocatad between expenditure ¢ategorle8 of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular actSvlty are allocated directly, others are apportioned on an appropriate basis e.g. floor areas, per capits or estlmated usag8. 1.6 Tanglble flxed a•s•ts Tangible fixed assets 8r8 initially measured at cost and subsequently measured at cost or valuatlon, net of depreciation and 8ny Impaimient1038es. Depreciation Is recogni8ed so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 20%133.3% Straight line basis 1.7 Employée ben6flt8 The cost of any unused hollday entitlement is recognised in the period in which the employee's services are received. Termination beneffts are recognised immediately as an expense Ythen the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 1.8 Retlrement beneflts Payments to defined contribLrtlon retirement benefit schemes are charged as an expense as they fall due. 11
HOME START NOThINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Crltlcal accountlng estlmates and Judgoments In the application of the charity's accounting pollcles, the Trustees are required to make jlKlgemrts, 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 experlence and other factors that are considered to be re18vant. Actual results may differ from these estimates. The estimates and underlying assumptlons are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in vthlch the estimate is ViSed where the revision affects cffily that period, or in the perlod of the revision and future perlods where the revision affects both current and future periods. Donatlons and lagacles 202S 2024 Enterprise cars FH Charitable Trust S Thornton Th8 Mary Robertson Trust C Stephens Vanishing Polnt J Watt8 The Lady Hlnd Tru8t Alchemy Foundatlon A WLymn Anonymous Donations Ctrop Tesco Sydney Black Charitable Trust Trent Bridge Rotary Club Various Donations < £500 GIftAid 2,500 500 1.341 2,000 500 360 3,000 500 30,000 1,200 2,500 1,000 500 1,200 1,000 583 7.000 500 1,000 500 500 6.116 644 7,378 741 23,884 49.179 12-
HOME START NOTTINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltable actlvlties Total 2025 Total 2024 The Henry Smith Charity Notts County Council Local Communit18s Fund Small Steps Big Changes Postcode Community Trust Cadent Garfield Weston Foundation 45,000 30,000 27,296 448,558 27,296 519,507 89,890 4,260 14,850 15,000 609,854 591,803 Analysls by fund: Unrestrictod funds Restricted funds 154,000 455,854 45,000 548,803 809,854 591,803 other Incoma 2026 2024 Interest receSved 29,032 18,442 13-
HOME START NOTTINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltable activities 2025 2024 staff costs Depreciation and Impairment staff training Telephone Printing, postage and Stationery Staff expenses and travel Publlcity Family and volunteer events Volunteer expenses Repalr8 and renewals Sundry Parents groups I family expen888 Computer and ae$sOrieS Interpreter fees Premises expenses 438,357 2,794 797 5,807 7,360 7,725 4,459 3,315 3,324 509,103 3,847 1,369 8,381 7,110 5,382 5,541 9,848 2,832 1,743 114 3,667 3,043 11,590 29,265 1,089 1,712 8,487 11,021 33,609 527,856 600,413 Share of govemance costs (see note 8) 35,980 34,948 563,836 635,361 Analysls by fvnd Unrestricted funds Restricted funds 127,769 436,067 115,917 519,444 563,836 635,361 Trustees None of the Trustees (or any persons connected with them) received any remuneration or benefits frun the chanty during the year, 14-
HOME START NOTTINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Governance costs 2025 2024 Staff costs Affiliation8 and subscriptions Independent examiners fees Other accountancy and bookkeeping servlces 9,140 11,971 3.750 9,074 9,600 12,055 3.420 9.873 Legal and professional 2,045 35,980 34,948 Taxatlon The charity Is exempt from taxation on its activities because all its income is applled for charitable purposes. 10 Employees Numbor of employoe8 The average monthly number employees durlng tha year wa8: 2026 Number 2024 Numbor Employees 18 24 Employment ¢oJts 2026 2024 Wages and salaries other pension costs 426,158 21,339 494,989 23,714 447,497 518,703 Remuneratlon of key managernont porsonnel The remuneration of key management personnel is as follows: Aggregate compensation 88,533 83,203 There were no omployees whose annual remun8r8tion was £60,000 or more. 15-
HOME START NOThINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Tanglble flxed assets Flxtum and Ilttlng8 Cost At 1 April 2024 Additions 48,576 At 31 March 2025 48.762 Depreclatlon and Impalrmont At 1 April 2024 Depreciation charged In th8 year 43,089 2,794 At 31 March 2025 45,883 Carrylng amount At 31 March 2025 2,879 At 31 March 2024 5,487 12 Debtorn 2025 2024 Amounts falllng du• wlthln one yo•r: Trade debtors Prepayments and accrued income 25,000 9.406 7,529 34,406 7,529 13 Credltorn: amounts falllng due wlthln one year 2026 2024 Notes Other taxation and social securlty Deferred income Trade credltors Accruals 5,151 28,863 6,279 29,800 7,100 80,942 5,193 59,353 16 70,093 152.588 14 Retirement nefft scheme$ 2025 2024 Dgfined contributlon 8chemes Charge to profft or loss in resped of defined contribution schemes 21.339 23,714 16-
HOME START NorriNGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Retirement beneflt schemes {Contlnued) The charlty operates a defined contributlon pension scheme for all qualifying employee8. The assets of the scheme are held Separately from those of the charlty in an independently administered fund. Although the scheme Is a defined contribution schemé, èmployees paid into a grovAh plan series 3 Frlor to October 2013. The debt on withdrawal from the scheme amounted to £2.466 (2024 - £2,251} as shown on the most recent report dated 30 September 2024 {2024 - 30 September 2023). 16 Deferred Income 2026 2024 Other deferred income 28,863 80,942 The movement is analysed as follows: 2025 2024 Balance as at 1 April Amount deferred in year Amount released in year 80,942 98,642 (150,721) 64,493 86,091 {e9,642) Balance as at 31 March 28,863 80,942 17-
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HOME START NOTTINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Related party transactlons There were no dlsclosable related party transactions during the year (2024 - none). 18 Cash generated from operntlons 2025 2024 Surplus for the year 99,434 24,063 Adjustments for.. D8preciation and impairment of tangible fixed assets 2,794 3,647 Movements In worklng capital,. (Increase)Idecrease in debtors (Decrease)fincrease in credltors (Decrease)Ilncr8a8e in deferred income (28,877) (30,414) (52,079) 488 825 16.449 Cash (absorbod by)Igenoratsd from oporatk> (7,142) 45,472