HOME-START COUNTY BOROUGH OFWREXHAM REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 REGISTERED COMPANY NUMBER: 5166704 (England and Wales) REGISTERED CHARITY NUMBER: 1105325 ME STIRT Wrexham REPORTOFTHE TRUSTEESAND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 FOR HOME-START COUNTY BOROUGH OF WREXHAM Guy Walmsley Limited charte￿dA(cOUntants 3 Grove Road Wrexham LLII IDY HOME-START COUNTY BOROUGH OFWREXHAM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 HOME-START COUNTY BOROUGH OF WREXHAM CONTENTS OF THE FINANCIAL STATEMENTS FOR THEYEAR EMDED 31 MARCH 2025 Page Report of the Trustees 3to7 Independent Examinerfs Report ststement of Financial Artivities Balance Sheet Iotoll Notes to the Financial Statements 12to19 Detsiled Ststement of Financial Activitie5 20to21 ME STIRT Wrexham HOME-START COUNTY BOROUGH OFWREXHAM REPORT OFTHE TRUSTEES FOR THEYEAR ENDED 31 MARCH 2025 The trustees who are also dlrectors ofthe charltyforthe purposes of the Companies Act 2006, presentthelr report with the financlal statements ofthe charity for the financlal year ended 31 March 2025. The trustees have adopted the provisions ofAccounting and Reporting bycharities. Statementof Recommended Practice appllcableto ¢harlties preparing their accounts In accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 2019). Home-start belleves that chlldren need a happy and secure chlldhood and that parents playthe key role in giving their babies and children the best start In Ilfe, enabllng them to reach theirfull potential. Vlslon and Objertlves Home-startwrexham want to see a society In which every parent hasthe supportthey need to glve thelr children the best possible start in life. We want children to grow up with: Safe places to live and play Support when their parents sufferfrom a mental Illness Protection from hunger and poor nutrition We strategically aim to: Reach outto familieswho need us most Champion and promote the value of volunteers and volunteering Actively engage in partnershipsthat improve familysupport and servlces The dlfferen¢e we make to famllles Is. Reduce isolation Improve parenting skills and confidence Improve parental mental health, confidence and self esteem Improve the quality of family relatlonshlps Improve connectlons wlthln the communlty We doth1$ by: Recruiting and training volunteers from the local communlty to provide high quality, accesslble family support Provldlng hollstlc assessment offamlly needs and devise a suitable famlly support plan based on what matters to the famlly and In the Interest of the Ilved experlences of children Matchlngfamllies to Home-start projects to meettheir needs such as. one-to-one familysupport, evldÈnce-ba5ed parenting programmes, pre-schoolfamlly groupl trips and an annual famlly camping trip Liaislng and signposting to approprlate agencles in support of famllies Offerlng meaningful placements and volunteer opportunltlesfor students progressing into the chlld and soclal care workforce Developing and actively engaging in strong partnershlps and networks to enhance family Support servlces locally and nationally The trustees have regard for the Charity Commission's guidance on Publlc Benefit as outlined in CHA 2001 s17(sl. HOME-START COUNTY BOROUGH OF WREXHAM REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTSAND PERFORMANCE HomeHStartWrexham received 167 referrals and supported 128 families with a support project, totalling 157 adults and 277 chlldren. 128 families came to us saying theywere experiencing high stress levels and 87 familles were strugglingto cope wlth poor parental mental health, 50 families described themselves as being affected by Domestic Abuse. 205 familieswere supported 58 attended groupswSth us 52 had home vi51ting support 18 had a combination of both home visiting and group support 77 had support from our Baby Equlpment Bank The differences made: 77 famllles felt less Isolated since havlng support 96 familie5 reported thelr parenting confidence had improved 89 families reported to having improved relationships within the family Moondance Foundation funded the group on a 12 month basis forthisfinancial year, this is Moondance's fourth year of Invaluable financlal support. The preschool family group continuesto have been a popular and well attended group. This year it has been a lifeline for40 families where they have attended twice weekly to experience nurturing and unique opportunity for play wlth thelr Ilttle ones. The prlmary goals of the group are to reduce Isolatlon, Increase opportunlties for play and improve parentlng confidence. 85 chlldren attended our preschoolfamily group with their parentslcarers to support thelr emotional and physical development and increase thelr parents, confldence and understandlngofchild developmentand posltlve parenting strategies. The organlsatlon moved premlses in October 2024, from the temporary ex-commerclal propertyto a two story ex- office space in the City Centre, the relocation was wlth 4 weeks, notlce which was disNptive to the organlsatlon however our new premlses Is a much more sultable optlon and we now have a ten year lease in placeto increase our5USt3inability whilst offering great accessibility and flexibility with familles and volunteers. It has 5UPPOrted our promlnence as a leading family supportorganisation in Wrexham and enabled closer partnership workingwith otherthird sectorand statutoryservices such as CAMHS, children's Se￿iceS and Health Improvement Team. We have a homely space and Pflvacy to meetfamllles In a nurturing and friendly environmenL FINANCIAL REVIEW Prlnclpal funding sources The princlpal fundingsources for Home-start Wrexham are grants from the Welsh Governmentfunding of Families First commissloned by the Local Authorlty. These grants arethree year contracts wlth a two year potential extension started in 2022. Also, the Circular Economy Fund to supportour Baby Equipment Bank enabllng usto trial managing thls as a volunteer led project will conclude in June 2025. We began our Starting School Project in August2024, funded byThe National Lotteryforthree years to supportthe challenges faced by preschor)I children In their family's readiness for the transltion into education and the skills and routines required. Home-startwrexham has been grateful recipients of grants from Henry Smith Foundatlon, Moondance Foundation, support grantsfrom Home-start UK amongst many other local and national grant donors. HOME-START COUNTYBOROUGH OF WREXHAM REPORT OF THE TRUSTEES FOR THE YEAR ENDED31 MARCH 2025 FINANCIAL REVIEW Invèstment policy and objectives Home-start's Memorandum and Articles of Association authorise the investment of monles not immediately required for its purpose in or upon such Investments as may be thought fiL subject nevertheless to such tonditlons If any as mayfor the tlme be imposed or required by law, To this end, Home-start deposits some of its reseNes with the COIF Icharities Official Invpstment Fund). The decisir)n to split its Contlngency Reserves was taken due to Insurance ri5k5 associated with a limit In any one linked bank and to maximise its income, Trustees monitor and review this regularly through People Management and Flnance sub-committee and report to the Board. Agalnst the backdrop of IlmSted resources and uncertalnties over funding, it has continued lo be difficult to plan or develop servlces. Nevertheless, the chartty, wlth the aid of sound financial management and the support of both Its stsff and voluntsers, were able to keep the finantrs to a manageable level for the period. Reserves policy During the year the Trustees have agreed to continue their pollcy of aiming to hold slx to nine months of the annual running osts restricted for crlsis, togetherwlth a cash flow provision and reserves restrlctsd for statutory obllgatlons of staff redundancy and lease costs. In practlce, this means £32,147 as a redundancy reseNe and approxlmately £155,151 as a contlngency agalnst lease costs and cash flow reseNe. This amount Is Just covered bythe unrestricted reserve of £187,307 held at 3113125. In order to ensurethat the reserves pollcy continues to be met in future year4 in an increasingly Insecure funding environment, the Trustees have agreed to contlnue to monitor carefully the budget and to endeavour to increase thelr free income forthls purpose. The Reserves Policy forms part of the Standing Orders for Financlal Management of Home-start County Borough of Wrexham. FUTURE PLANS Home-start's Strategic Aims contlnue to. sustain and strengthen Hom&Start County Borough ofwrexham reach out to familles who need us most champion and promoting the value of volunteers and volunteering actively engage in partnershlps that improve family 5UPPOrt and children's servlce5, To thls end Itcontinuesto develop Its m8rketing and communication Its workforce its monitcring and evaluation its flnancial security STRUCTURE, GOVERNANCEAND MANAGEMENT Governlngdocument Home-startcounty Borough ofwrexham Is a company limited byguarantee govemed by its Memorandum and Artlcles of Association dated 30th June 2004. It is registered as a charity with the Charity Commission. Membership is open to organisatlons and individuals. Recruitment and appointment of new trustees The Chair of the Trustees is appointed by the Board. Ob5eNers are nominated by Wrexham County Borough Council and North Wale5 NHS Trust. The Trustees have the power to co-opt further members to fill specialist roles, All member5 are circulated with invitations to nomlnate trustees prior to the AGM advising them of the retiring Trustees and requesting nominations by the AGM, When considering co-opting Trustees, the Board has regard to the requirement for any speciallst skills needed. Organisational structure The Board of Trustees, which can havè not more than twelve and not less than four mernbers, administers the charity. The Board meets at least six times per year, and there are sub-commlttee5 covering finance and people managementi policyj family support and fundraising which meet regularly. A Director is appolnted by the Trustees to manage the day-to~day operatlons ofthe charfty. HOME-START COUNTY BOROUGH OFWREXHAM REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE,GOVERNANCEAND MANAGEMENT Induction and training of new trustees New Trustees undergo Induction to brief them on their legal obllgations under charlty and company law, the content of the Memorandum and Articles of Association, the committee and decision-making processes, the strategic plan and recent financial performance of the charity. Durlng the Induction they meet key employees and other Trustees. Trustee5 are encouraged to attend appropriate external tralnlng events where these wlll facilitate the undertakSng of the role. Risk management The Trustees have, during the year, revlewed the rlsks to which the charity is exposed. The strategic plan, risk reglster and budget have been used as opportunities for assessments of risk5, Flnanclal and other rlsks have been revlewed and strategies put in ploce for deallng with identified risks. This has Included professlonal advice and support with regards to Health and Safety, Quality Assurance, People Management and Accounts. The organisatlon has a Data Protectlon and Confidentlallty Pollcy In Ilne with l@gislation relating to GDPR. REFERENCE ANDADMINISTRATIVE DETAILS Registered Company number 05166704 (England and Wales) Registered Charity number 1105325 Registered office 65 Regent Street Wrexham LLII IPF Trustees Patricia Kearsley Jill Morris Susan Jones Stephen Robert Wllllams Linda Hopwood Jenny Owen Katie Rees-Jones Treasurer Chalrper50n Actingchairperson Company Secretary Pamela Hoyle Independent Examiner Guy Walmsley Limited Chartered Accountants 3 Grove Road Wrexham LLII IDY Bankers HSBC 17-19 Regent street Wrexham LLII IRX HOME-START COUNTY BOROUGH OFWREXHAM REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTRATIVE DETAILS Company ObserverslAdvisors Sue Rowan- Betsi Cadwaladr University Trust Jim Smith- Betsl Cadwaladr Unlversity Trijst Helen Edwards- Wrexham County Borough Council Kelly Boulton- Independent Patricia Bridgewater- Independent STATEMENT OF TRUSTEES RESPONSIBILITIES The Trustees (who are also the Directors of Home-start County Borough of Wrexham for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements In accordance with applicable law and United Kingdom Accounting Standards (United Kingdorn Generally Accepted Accountlng Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and falr view of the state of affairs of the charitable company and of the incoming resource5 and application of resources, includlng the income and expenditure, of the charitable company for that period. In preparing those flnancial statements, the Trustees are requlred to; select suitable accounting pollcies and then apply them con515tently observe the methods and princlples In the Charity SORP makejudgements and estimates that are reasonable and prudent prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the charitable company wlll continue in buslnes5. The Trustees are responsible for keeping proper accountlng records which disc105e with reasonable accuracy at any time the financial posltion of the charitable company and to enable them to ensure that the flnanclal statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularlties, Thls report has been prepared in accordance wlth the provlslons appllcable to companies subject to the small companies reglme. Approved by order of the Board of Trustees on . on its behalf by: 214d 20 . and signed Pamela Hoyle - Secretary HOME-STARTCOUNTY BOROUGH OFWREXHAM REPORT OF THETRUSTEES FOR THEYEAR ENDED 31 MARCH 2025 INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES OF HOME-START COUNTY BOROUGH OF WREXHAM Independent examlner's report to the trustees of Home-start County Borough of Wrexham Limlted {Ithe Company,) I report to the charity trustees on my examination of the accounts of the Company for the yearended 31st March 2025. Responslblllties and basls of report As the charity's trustee5 of the Company land also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companles Act 2006 {'the 2006 Act.). Having satisfied myself that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the direttions given by the Charity Commlssion under Section 145(5)