REGISTERED COMPANY NUMBER: 05183873 (England and Wale$) REGISTERED CHARITY NUMBER: I10538S REPORT QFTHE TRUsTEE$D INANCIAL STATEMENTS EOR THE_YEAR ENDED 31 MARCH 2025 EQR HOME413.&T ROYSTON ANDEQUTH
klQME-&IALT RQYSTQN ANTH CAMBRIDGESHIRE CQNTEfiTS QF TH&ELYA,c ATEMETh.TS FOR THE YEALENDED21 MARCH2LS Pago Report fyf the Trustees Independent Examlner's Report Statement of Flnanclal Aetlvltle$ ststement of Flnanclal Posltitsn 9 to 10 NotH to the Fln*n¢ial Statements
ILOME-SILRT R XSYON ANP SQUTH JMBRtDGESHIR EGISTEBED N . 051) REPQBT OF TllE TRUSTE YEAR ENPED31 MA CH 2Q25 Tl)e trnsiees. who are also directors of the charitable coinpai)y for tl)e puryx)5es of th¢ Companics Act 2(KJ6. pres¢nl their report with the financial stat¢m¢nt5 of th¢ charitable company for the year ¢ndcd 31 March 2025. The trusttts have adopted tl)¢ provisions of Accounting and R¢porting by Cl)ariiies'. Staiein¢])t of Recommended Praaice applicable to charities preparing their accounts in accordan¢¢ with the Fil)e18] Rcporting Standard upplicAble in th¢ UK and Republic of Ireland {FRS 102) (effective l January 2019), OBJECTIVES AND AcfiviTIES CharliAbl¢ Objecls Thc objects of thc charitable conipany are: a) lo safcguard. PTOtecl and pre5erv¢ the go health. both mental and physical of ¢hildren and pareftts of children: b) lo prcve])I cnjelty to or nialire&lrnenl ofchildrcn. c} lo relieve sickjiess, povety aiid need &niongst children and parertts of children; d) lo promot¢ Ihe education of Ihe public in better standards of ehild care principally bul not exclusively wilhin the urLa of Royston, Buntingford and South Cambridgeshire and ils environs ('Ihe Objects,) The objects of Il)e ¢harilable company are achieved by Il)e recruitment aThJ training of volunteers who Ihen regularly visit families who are rL'fcrred lo the charitable company. They otY¢r bUPPOrt. fri¢ndship and practical help io families within Ilieir own homes, wllich is fre¢, iion-judg¢m¢ntal, compassionoie oi)d ¢onfidenlial. Tlic volunlews suppDrt¢d Ihrougljoul 11)eir tiinL with ¢JLh family by on¢ or more Co-ordinotors who are employees of the chariiable conipany. Tl)e cOrdi1)l0ts and volunteers together allo run Family Group4 which are wttkly play and support sessions held in Royston, Buntingford and South Cambridg¢shire. A range of aclivities are provided for the children, whilst paTentS Lan share experiences and b¢gin 10 build up their confidence. Annual outings and parties are organised for Ilie children and their p&renis where circunistances allow. The eharitable cornpany employs a Scheme TrAana8er, Senior Co*ordinalor, CordInat0rs, Adniinistrator, Fundraising Ev¢nl Slipport Manager and a Marketi1l8 & FiindTUiSiIi8 COrdinal0r. il also uses Ihe ¥ervices of & freelance bookkLy)er and a freel81e bid writer. All staff are pan-time. Publle bonoflt Wlien planning OLir aclivilies for Ihc year. Ille Irusiee$ havl L'onsidLred ihe Chmrily Commi10n5 guidance on publiL bciiefil. Pa8¢ 1
HOME4TART ROYSTON AND SOUTH CAMBRIDGESHIRE RECISTERED NUMBER: 0518387J3 REPORT OF TJIETRUSTEES FOR THE YLAR EIYDED 31 MARCH ?5 OBJECTIVES AND ACTIVITKES Th¢ incoinL and property of the eliaritsble company must applied solcly towards the proinoiion of lis objecls lis se( out in Ihe Memorandum of Association. The company may nol engage in taxable trading auiviiies. A Iruslee may knot receive any paymen¢ of moi)ey or otlier niaterial bcnefii from the charitable compaijy excepi the following- T¢imburs¢mcnt of reasonable out of pocket cxpenses. an indemnity in resp¢¢t of liabilili¢s incwrcd by the cl]arithble conipaijy: paymcnl to a coinpllny in wl)ich a Iru51ce has a on¢ perceiil or less slwreholding and reasoi)ablc interest on a loan to the chariiable company or Tcnt on lettings of propcrty to the charity. The trustees musl hold at least four meetin8s each year. the quorum for which is four trnslees. Meetings may be held by clcclwnic coininunicaiion. All decisions are made by a simple Inajorily volc ai a meeling. or writlen resolution signed by all tl)e Intees. The trustees ui)dertake regular risk a55essniei)Is and are aware of tlie need to mainiain sufficieiil reserves to ensiire financial Stability. Every mernber of ihe ehAritable compAIiy PiDmis¢s to pay up £1 towards the COM of ihe dissolution of the charitable company. while they reinain a Inember or wiil)Tn 12 months Jfi¢rwards. If Il)e cliaritable company is dissoliied the ass8. if any. ofter full provision has been nde tor all of ils liabilitie5 n)ust be applied.. al direcily for the objects b) to another charity with ¥imilar objects or c) in another m*nner Consistent wilh charitable stalus Agrrtd by th¢ ChArity C'ommission. Home-start Royslon and South Cambridge$hir¢ i¥ atTilialcd lo Home-start UK and pays 8ffilialion ftts 10 Ihem ftir wliich ihey receive advic< support and yc¢ess to some group purchasin¥ services. Page 2
HOME-S ROYSTON AND SOUTH Q4MBRIDGESHIBE (RIGISTEBED NUMEEIi.: OSI_8387 REPQRIQE.IHE TRUSTEES EQRIILE YEAR ENDED IMA ACHIEVEMENTS AND PERFORMANCE Trustees Reporl 2024r25 has been another busy year for Hoine-stllrt Roysion, Bunlingford aiid South Cambridgeshire (HSRBSCI. Over the year we liad ¢onla¢t with 113 families and supw>rted 107 of those, including 246 children. This represa)Is a sliglil ii)crease in numbers compared lo the previous year. Fleallh Visitors remain our biggest referring group (33 /•) will) TcfcTrals froin sLhools and pr¢brhools slighlly up (220/0). and 2 of families rcftJTing ihemselves. We havc seen a drop ii) tl)¢ iiumbers of faniilies referred lo us froni Buiilingford and this is ali area ihat we intend lo develop iii ienns of profile and reach going forward. FlulYilIns rcferral patlems have added Chall8¢ to managing resources eff¢ctiv¢ly. particularly 8iven thal 750/0 of ref¢rr41s wcrc rcceived li) the seeond half of thc financial year. We continue to sec a htgh number {580/0) of families ihai we work with having complex needs, often r¢suliin¥ iii increased staff tirn¢ lo supJx)rt these families and ihe volunteers who work alongsid¢ then). Our South Cambs. Family Support Group has b¢¢n the mosl consisienily attended Eroup over the lasi year wilh Royston and Bvi)lingford falling lower in numbers at soine points and requiriiig more ongoing marketin8 and nelwDTking to try ro encourage increased aticndan¥¢. Fundralslng Home-start eontinues to be well supported by oiir local community and we have held many successfvl. well nttended ¢venis Iliis year. T7 team Collliiiucs lo work oli iii)provinB our profile by in¢wasi118 our nettvork and workiiig to improve oiir marketing and communication on our digital platfornu to promote events, encourage donation5 and share thc posilive impoci of our cl)ariiy. Our Liierary Luncli¢s have conlinued 10 be well Miiended, we also held a very successfill ¢h8rity coi)cert ai)d an enjoyable 'Honie-St8rfs Got Talenv event, both helping lo tiirther eml)¢d us iiilo our After such a siiccesslknl year it is imponant that our drive to grow 8nd enhance our fundrnising LonlinLies lo keep pace 'itli rising costs. We anticipate that there may be increased ehallenges in securin8 fundiiig from Tn1$ and Foundaiions and Statutory sources ihis year, Repe&t fiinding is not always an Opiion and there is more competilion for less availablc rui)ding. We conslaiiily review our fuiidraising sirate8y to ensure 11( we are maxiinisiiig tl)e incoine generated Iroiii each stream and fit)dins n¢w opportunilics io develop new fundin8 strcams. We want ro be able lo continue to support faniilies in a flLxibl¢ and individuol wuy, reL'(w)isiii¥ Ili¢ importance of Securing fundin¥ from unrestrictcd sources io help us achieve this. Ai)d we know that need will ¢ontii)ue io be prevalent as other serviees have less capacity ai Ihresholds for ac¢¢s¥ cliang¢ and in¢reasc. Volunteers Throughoiil the year. 69 farnily supwjrt volunleers mel with our families in their homes and al 1r Family Support Groups. Th¢y hel1 to arrangc cnd of tcrin parties, summer picnics aiid outings. By the eiid of the year, voluiiieers donaied more than 4800 tolal hours of their own fvc limc, cnabling HSRBSC to help su many familics who needed our support Ihrou¥houl the year. We trniiied 9 more family suPrt volunlecrs ii) Ihe year, Each volunleer Boe5 through o coinpreh¢nsiv¢ onboarding process to ensure Ilial we equip Ihen) wilh lh¢ necessary skills to fvlfil the role effectively and lo our high standards, By visiling families in Ilieir own hoines. our voluiiieern help parenls develop the skills and confidence needed Io CTeulL 11 Stable and nurturing environmeni for theii childreii. This hands-on approach ensures Ihal families receive iailor¢d siipport. fo$t¢rin8 posilive relalionships improving In¢nlal health and ovcrall well.beiJJg. Oiir t*ervice noi only stmi8ihens individual families but also contributes to a healthicr. more connected commuiiity. Achievements Working strale8ically lo prioritise saf¢guarding lo ensure thal families who engage wilh our Charity receive a professioi)al. carins approach that fwu5cs oli Ihcir iixlividual needs ai)d d¢vclopmciil K¢epii)¥ pace wilh a hi) level of r¢fLrrals including more th4J) hair of lamilies pres¢nling wilh complex t)eeds requiring addiiional time 41)d r¢sour¢¢. Navigating ihe challenging refcTral paltems of the finanL'ial ycar where w¢ saw 750/0 of r¢ferrals coining in during Ihc second l)alf of Ihe year. - Ensuring that siaff changes did Tt impact on servic¢ delivery and volunteer retentiott remained good Page 3
HOME-START ROYSTON AND SOUTH CAMBRIDGESHIREIREGISTERED NUMBER: 051_83873 REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 31 MARCH 2025 - Achieving profit in revenue this year cotnpared lo deficit14st year Mainlaiiiing strong local presence and rclaiioiiships in our commuiiity and with local businesses SvcLe5sfi11 fundraising ihrough Trusts and Foundations ihat provide a sirong financial basis for th¢ charity to ¢ontiniie ils iniporraiii work Support from the Councillor Furness (Bunllngford) and Coiincillor Adams (Royston) as well as Mayor of Royston, Cvuncillor John Rees. who clios¢ us as charily he supported ilirough his fundraisiiig efforls across tlic year. - Our dedicared team of stsff using their skills to best nieet the needs of the charity Challenges for the futsre Ensuriiig that we protecl Ihe core work of our charity which is to provide an early inlervention service to local familie and d() noi gel overwhelmed with referrals for fainilies where iheir complex needs are beIr met by other mre specialisi servtces Ensuring sutTILient revenue lo lver the core bilneSS-a5-Usll ninning cost8 of th¢ ¢haTiry Increasing th¢ numbers of Buntingford fainilies that access our s¢rvic¢s R[ltni¢1it and retention of voluiitccrs - Rccruilincnt to a full Complement of hourJ to support crnLial fuiidraisin¥ Buildii)g up a stronger nelwotk of local business suppon and identifyiiig aiid workin8 wilh business partners on an ongiojiig iniiliwlly beneficial basis Increasiiig unrcsiricted income from hdl$Ing tIvItI¢8, and continuin& 10 shitl away from reMri¢tive fundiiig from Trusts and Foiindalions and other slalulory sourccs The Trustees, SiatT Team and Family Support Voluntttrs are all working hard together to ensure the charity coniinues lo be ablc 10 Ineci ihe needs of the local fainilies in ihe fortlicoining year. FINAIYCIAL REVIEW The financial accounts are set out on pages 8 to 19. The financial siat¢meni$ have been prepared in compliance Wilh the Charili¢s SORP (FRS 102) and with the Conipanics Act 26. Diiring lh¢ y¢Jr lo ihe end of March 2025. a¥ reL'led in th¥ TrusieL%' Report. we liavc rixiivcd genemLIS SUPIKirt fvom the local Èuihoriiies, trnsis. corporate doiiors and individuals which has ensured that we could continue to eniploy and trdin staff and volunt¢¢rs lo support l(Kal families in nccd. Our total in¥ome was hi8hcr than 2024 following CaTeful revicw of our fundin8 slr8te8y across tlie year and focusiiig on what w¢ do thiell and what we can do differciiily. This h h¢lpcd lis lo kccp pace with Ihe risin8 cosis of Nnning thc charity and providing Appi'opriaie Icvels of siiprK)rt to local familics. The slaleincnl of Financial A1Ville8 shows a net surplus for IIIL yc&r of £15,912 12024 - a dcficil of £23,845). The Ir>lal geiieral fund (fvnds not restricted or designated for specifie purposes) at the year-end sland al £56,243 12024 .£21,834). afler alluwin¥ for Designaled and Reslriclcd Funds. Ihis leaves us with about three and a half monihs of operaling ¢osts not desigi)aied or conimitted elsewhere. in line with the Board approv budg¢l for 24125 and nieels expethalions. Reserves Poll¢y Til¢ Trustces are sa¢isfied thal the assets and reserves of the charity are sufficient for it to meets its obligations for Ihe for¢5eLYble fLlturc. The TrustC¢s have a minimum closure contingcncy fiind policy of six months opcrating which are held on dcposit. Designated funds now stand at £114,519 oi 31 Marcli 2025 (2024 - £136,774) and is part of Il)c lolal ¢o¥h balaiices on the Balanc¢ Sh¢et on pa8c5 9 and 10. The Twst¢cs wish to maintain reasonable acccss to Ihc d¢signaled funds bui hav¢ a part of Lhe cash balt11)cL on longcr lem deposil in order lo lake udvanluge of Iiiglicr inlLrc5l rates offered. PLANS FOR FUTURE YEARS Tjie Tn plan io continue io mainlain lh¢ liigh level of SLYViC¢ Ihat we provide li) oiir aa Iliat our funding allows. To eiiable appropriate plannii)g aiid development of the ¢harily's worl Ihe Tru51¢es ¢onlinue to review the operaiional nd 5trnlcgiL d¢v¢lopm¢nt supportcd by HSUK's Qimlity AssurunLY self assessmcnt siibmissions. in preparation for a full Qualily Assur7¢¢ revicw in due course. Page 4
HQME-STARTIQXSTON A_NP SQULH £AMERIDGESHIRE LRE REPORT OF THE TR -FQKIHEYEARENDED31 MA STRUCTURE. GOVERNANCE AND MANAGEME Govtrnlng do¢ument The organislltion is a Charitable company limi(¢d by guaraiiie¢ as defined by Ili¢ Componies Act 21K16. incorporated on 8 February 2(Ki5 and registered as a charity on 21 FebNary 2005. Tr company was estsblished under a Memorandum of Ass(Kiation whicli estsblished ihe objectives and powers of the charitsblc coinpAny and is governed under ils ArtiLlcs or Associalioi). In tl)e event of Il)e charity being wound UP the liability in respect of ihe guarantee is limited to £1 per Member of tl)e cluwity. Ay a re8iStered charity. the Lharity is not CUJT¢nlly liable to corporAtion tax on ils inv¢stmenl inL'om¢, no on other income derived froin carryin8 Out t1 educ81ional activity of the cliarity and applied for Ilial purpose. Governgn¢e The TNslec Board h8s mel in person throLighout the year and including the AGM. This was well attended and looking rorward. the Trusiees would like lo develop a more diverse audience includi1i8 new 8UPPOrters and slokelioldcrs who may not hav¢ such a strthig understanding of our charity. Re¢rultment And appolnthient of new ¢ru$tees The company is managed by a Cominitiee of Trustees, which is ¢Ited annually by ilie memb¢rs al the Annual Geiieral Meeting. The Commilttt includes the directors of the cornpaiiy. The Commititt has the power to fill any vacancies during (he Yr. any SLicli appointments being rntified by Ihe members al ihe iiexl AnJJual CJ¢neral Meeiing. Inductlon and tralnlng of new trustees New Iruslees are inducted in the chariry's procedures Iiid undertake training into their dulles ond respoi)$ibilities as InLsl¢etr and the objeclives and work of Hoine-siart. The prii)cipal risks facin8 the ¢hariry are: thar we will be unable to raise sufficieiil fiumling lo be able 10 deliver our Se1¢¢$ lo the con)munilies of Royston. Biintin¥ford and Soiiih Cambrid8eshir¢: that w¢ coiild los¢ key member5 of staff. tli&l we would be unable 10 fii)d and retain adequate premises in order 10 operate. thal we could be $ubjKI lo fraud or decepiion lo the exlent that we are unabl¢ to continue to op¢raie. Th¢ fundrnising t¢am have focused on est&blishing more coiisistent and stable funding although this eontiiiiicd to prove hallengin¥, Sthff are re¥ularly reviewed on ll one to onc basis and any feedback is di5¢ussed and acted upon. we are in regular contact with our landlord io secure our lenaiicy. all staff #nd trustees are niade aware of Ihe necessity to be alert to any aiieinpi damag¢ tlie Lharity and Tn{eeS are alwllys available to discuss any issue Iliat may arise. REFERENCE AND AD,MINISTRATIVE DETAILS Reglstered Company number 05183873 (Eii¥land and Walcs) Reglstered Charlty number 1105385 RegISt¢r offic¢ Unli 6. Vallcy Farni Siatioii Road Meldreili Royston Hertfordshir¢ SG8 6JP Trusteos P Hodgson J Milchinson (Chair to October 2024) A Sniith Axia Dr G Watki1 (Chair fiDm October 2024) A Gear (Tesi¥ned 14.5.251 Pagc 5
HOME-START ROYSTON AND SOUTH CAMBRIDGESHIRE GISTERED NUMBER: 05183873) REPoT OF THE TRUSTEES FOR THE VEAR ENDED 31 MARCH 2025 REFERENCE AND ADMJNISTRATIVE DETAILS Company Secretary S Ma5call Independent Examlner Bradbhaw Johnsoii Charteiyd Aceountants Crofl Chambe I l Bancroft Hitchin Henfordshire SG5 IJQ Approved by order of the Board of Trustees on I September 2025 and signed oil its behalf by: Dr CJ Waikiiis- Trustcc Pagc 6
INDEPENDElYT INER'S REPORT TO THE TRUSTEES OF HOMETART ROYSTON AN'D SOUTH CAMBRIDGESHIRE Independent examlner's report lo the trustees of Home-start Royston and South CAmbrldgeshlre {'the Company,) I rep)rt io il* charity Irustees on my ¢xaininalion ofthe accounts ofihe Company for thc year ended 31 March 2025. Responslbllltles Ind basis of repor¢ As the eharity's truste¢5 of Ihc Coinpany (and also ils directors for the purposc5 of company law) you are Sponsible for Ihc preparnlithi of the accounts in accordaii¢e willi the requirements of the Companies Acl 2006 ('Ihe 2006 Acl,). Having a4lisficd myself ihai Ihe aLcoLint¥ of the Company lire nol reqiiired lo be 8udiied linder Part 16 of the 2(K16 Aci and are eli8ible for iiidependent examinAtion. J report in respect of my cxaminalion of your cliarity's accouiils as carricd oiit under Se¢tion 145 of the Charities Acl 2011 {'the 2011 A¢V). In canying oul my ¢xaminalion I have followed the Dircc¢ions givcn by the Charity Cominission und¢r Section 145(5) (b) of ihe 201 l Act. Independent examiner's stalement I have complctcd my examination. l ¢onfirnJ that no matters have come to my attention in connedion with the exaimination giving m¢ ¢ause 10 bcliev¢: accountinu records were nol kepi in respect of il)e Coinpany as required by Se¥liOli 386 ofii)e 2006 AL'I: or Ihe accoun do not accord with tliose records. or Ilie aicounts do nol Loinply witli the accoiinliii8 reqiiir¢menls of Seclion 396 of Ihe 2006 Acl other than any requiremeni that tl)e a¢¢ounts give A ITue and fair view wl)ich is iiol a matier considered as part of an independeiit cxaininalion; or Ille aceouiirs l)ave not b¢ai prepared in accordance with the meihods and principles of the Stalcinenr of R¢comn)ended PrActice for ac¢ounlin¥ and reporting by charities (applicable 10 charities preparin8 their accounts in accordance wilh tlie Finai)eial Reportin¥ Slandard applicable in the UK and Republic of Ireland {FRS 102)), I have no concerns and have come aLYOSS 110 Other matters in conneclion willi the examinalion to which atlei)lion should be drawn in this POrt in order to enable a proper understanding of the accounts to be reached. Neil Harding FCA Bradshaw Joliiison Chwtcred Accountants Croft Chainber5 I l Bancroft Hilchin 14ertfordshire SG5 IJQ 5 September 2025 PJ8e 7
STATE FINANC TLVITIES I CQEPQRATING.I1UME AND DITuRE AC£QU R THE YL4RENDED 31 MARC2025 31.3.25 Total fimds 31.3.24 Total fuiids UnrL'slriLted funds Reslrictrd nds N¢9 INCOME AND ENI)OWMENTS FROM Don<1lions and le8acies 70.833 49.075 119.908 90,426 ChArltable *ctlvlties l.loine-Stan Roysion, Buniingford and South Cainbridgeshir¢ 3,676 19.106 22,782 18.140 Othcr trading activities Invesiinenl inwme 49.338 903 49.338 903 43,401 784 Total 124.750 6S.181 192.931 152,751 EXPENDITURE ON Raisiii8 fvnds 17,824 17,824 13,080 Charltable •¢tivities Home-siart Roy5ton, Buntingford and South CaiMbridgc51)ire 94.772 64.423 159.195 163,516 Tolal 112,596 64.423 177.019 176,596 ,NET IIYCOMEIIEXPENDITURE) 12,154 3,758 15,912 (23.845) RECONaLIATION OF FUNDS Tvtal flind¥ brought forward 158,608 29.148 187,756 211.601 TOTAL FUNDS CARRIED FORWARD 170.762 32.906 203.668 187.756 Thc nolcs forn) part of lh¢ fiiiuncial sialwn¥mts Pa¥e 8
UQME-START OYSTON AND SQVTH .A.MJIIPGESHIRE EGISTERED NUMBER: 0518 SLIIEMENT QFFINANCIAL 31.3.25 Totsl funds 31.3.24 Total funds unrene1td funds Restricted funds Noles CURRENT ASSETS Dcbtors Cash <11 bank 14 10,352 203,278 10.352 236.184 8.118 189.814 32.906 213.630 32,906 246,536 197.932 CREDITORS Amounts falling due within one year 15 (42.868) (42,868) {10.176) NET CURRENT ASSETS 170,762 32,9)6 203,668 187.756 TOTAL ASSETS LESS CURRENT LIABILITIES 170.762 32.6 203.668 l R7.756 I ASSETS 170.762 32,906 203,668 187.75C? FUNDS Unrestricted fiinds: Cjeneral fuild Designated funds 16 56,243 114,519 21.834 136.774 170,762 158,608 Resirieied ndS.. Faniily Groiips fund Honje Visitin8 fuiid 18,579 14,327 11,677 17,471 32.906 29,148 TOTAL FUNDS 203,668 187.756 ThL Lliaritable coinpany is entiiled lo exvniplion from audii ui)der Seciion 477 of lh¢ Companies Acl 2006 for the yLar ended 31 March 2025. The members have i)ol required Ilje compaiiy io obtain an audil of its fii)an¢ial 31aCements for the year elided 31 March 2025 in accordance with Seetion 476 of ihe Companies Act 2006. The trust¢¢s acknowledge their responsibiliri¢5 for (a) ensurin¥ that the charilable company keeps accouiiling records ihal coniply with Seclions 386 and 387 of the Companies Aci 2006 and preparing finanLial stalemenis which ¥ive a IruL aiid fair view of Ihe 51ate of affairs of Ihe charilable Lonipany ns at ihe end of each financial year and of its sujplus or deficit for each financial year in a¢¢ordance witli the requircmcnls of Section5 394 and 395 and which olhcrwise comply with the requirements of ihe Companies ALt 2006 relating io financial stat¢menL$. so far as applicable lo 11)c chariiable eoinpany. (b) The notes fom) part of thLse financial statanents Page 9 coniinued...
ILQME4TART ROYSTON ANDQuIll CAMBRIDGES_HJBE.(BEGISIE 18387 ATEMENT OF FI.NANQaLPQsII..&ollmllllg 31 MARCH 2025 These financial statements have becn prepared in accordance with Ihe pmvisions applicabl¢ lo LharitablL u)mpanies subjcct to tl)c small companies regime. The fiiiancial statements were approved by the Board of Trnstees and autliorised for issue on I September 2025 and were signed on its behalf by: A Xia- Tntte Th¢ TleS fom pari orthe financial sraiembmts Pu¥L' 10
BT RQYSTQN AND CAMBRI ..cESHIE CIA IQ. THE FIYL ATEmE[lS YL4R ENI)ED 31 MA STATEMENT OF COMPLIANCE Home-start Roy51on & South Cainbridgeshire is a charitable conipany incoTpora*d in England. The regislered office is: Unit 6. Valley Farn) Siation Road M¢ldrdh Henford5hirc SG8 6JP The charitsble coinpanls financial slalements have been prepared in compliance wilh the Charities SORP (FRS 1021 as il applies 10 the finaiicial 5tateinenls for Ihe y¢ar ended 31 March 2025. ACCOUNTXNG POLICI Basis of prepirlng tho flnandvdl slat¢m¢nts The financial statements of ihe charitablc coinpany, which is a piiblic benefit enlily under FRS 102. have b¢en prepared iii accordaiice willi ihe Charitie5 SOiiP (FRS 1021 'Accounling and Reporting by Cliarities., Staiement of Recomrncnded Pra¢tiLc applicabl¢ to charities preparin8 iheir xcounts in avrdanC¢ with the Financial Reponing Sthndard applicable in ihe UK aiid Republi¢ of Ir¢land (FRS 102} (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Siandard applicable in the UK and Republic of Ireland, and Ilie Companies Acl 2006. The fjnancial 51atemenls have been prepared under the historiral LY)St convenlioii. Home-start Royston and Souih Cambridgeshire meets the definition of a publi¢ enrity under FRS 102. The fin&ncial statements are prcsented iii slcrling (£). Incom¢ All incoine is incliided in the Statemeni of Financial Activilies when the charitable Company is entitled to thc income and the amount can b¢ quanlifjed with rettsonable accuracy. The following specific policies are applied 10 particular cate8OTi¢S of incomc.. - Voluniary income is received by way of grnnts. donalions and gifts and is included in 11 in the Stalemenl ot Finttncial Activities wlien receivable. Uncondilional Grant.8 reco¥nised in fiill in Ilie Statement of Fii)anL'ial Activities in the year in which they are receivable. Condiiional Granis are recogni5ed in the Statemeni of Financial Acliviiies a5 the condition% are inet. - Donated serviLes and facilities ar¢ included at th¢ valu¢ to the chariiablc company where this can b¢ quantifi. The value of services provided by volunieers has nol been included iii t]1¢ coUnt$. InvesimcJ)i income is included when receivabl¢. Expenditure Expenditur¢ is recognised oi) an accrual basis as a liability is IUrred. Expenditure ii)clud¢s attribulable VAT which cannot be r¢¢overL. and is reported as part of ihe exp¢ndiluTe to which il r¢lales: - Costs of rnising funds coJnpris¢ tl)c C051s asso¢iated with attracting vulunlary income through fundraising. - ExpendiNre on L.haritable aLYivities Lx)mprises those ¢osts IncU¢d by the charitable company in the delivery of ils activilies and services for irs beneficiaries. It include5 both costs that can be allocated directly to such livities and those costs of an iTrairect natu iiecessary to support them. Tanglble fixed assets Depreciation is provided at the following annual raies in order to write off each asset over its estinmied useful lifc. Pagell contiiiued...
HOME-START ROYSTON AND SOUTH CAMBRIDGESHIRE NOTES TO THE FINANCIAL STA _MENTS • Continued FOR THE YEAR ENDED 31 MA&CH 2025 ACCOUNTING POLICILS- contlnued Tn%ibl¢ fu¢d assets Fixmres, fittings and equipmetit 25•/0 on cost Txatlon The clrity is exempi fron) Cowifdtion lax on ils charilable activili¢S. Fufid aecountlng Unrestricted 1]dS are available for LI at th¢ discr¢tion of tk tru5tces li) the fUrtIalice of ihe general objeclives of the charity. - Designated fiinds are unrestricled fvnds earniarkcd by ihe Boafd for particular purpose$. - Restri¢ted fiinds are subjethed to resrri¢tions on their expenditiire iinposed by Iht donor or through the tenns of an 8ppeal. Pcnsions The charitable company operates a dcfined contribiilion pension scheme. Contributions payable for the year are charged to il)c Siaiem¢n¢ of Financial Activities. L¢gAI status of the charltable compny In the event of rhc charitsble Company being wound up. each TNstee (b¢ing a m¢mber of the charity) has uiidertaken lo contribute to Ihe asseis ofihe cliarilable coinpany such Amoui)Is as rcquired not exceeding £ l. Tl)is guaraiil¢¢ tend5 until one year after a Truse ceases to be a meinber. The trustees control the chariiable Lompaiiy, Debtors Trade and other debtors are TosnISed at the settlement amount due after ai)y trade discount offered, Cash at bank And In hand Cash al bank and in hand includcs cash and short tem) hiBhly liquid investments willi a short malurity of ih moiiihs or le55 from the date of thcquisilioii or openiiig of the deposii or similar account. FlnandAI ID$trum¢nts ThL chariiable company only lias fiiiancial assets lliid finllncial liabililies of n kind (hai qiialify as basiL fiijonLial insirumenis. Basic financial inslNmenls are initially rttognised al transaction value and subsequ¢iiily measur at their settlement value with the exception of bank loons which are subsequently mellsiired 81 amortised L81 using the effective interest method. DONATIONS AND LEGACIES 31.3.25 31.3.24 Donotions Grnnts 61.734 58.174 49,597 40.829 119.908 90,426 Pa8¢ 12 continued...
lIOTRT RQYSTON AN CAMBRIDGESHIR .OTQTHE FILwLT.ATEMETS.e LiByed FO&IYE ENDELI3IMARC OTHER TRADING ACTIVITIES 31.3.25 31J.24 Fui)draisin8 Othcr inconie 48,058 1.280 42.196 1.205 49,338 43.401 INVESTMENT INCOME 31.3.25 31.3.24 Deposit account inleresl 903 784 RAISINC FUNDS Ralslng donatlons and legaeits 31.3.25 31.3.24 Fundraising costs 17,824 13,080 CHARITABLE ACTIVITIES COSTS Support ¢OSls (see note 8) Direct Cosls Totals Home-siart Roysn, Bunliiigford ai)d South Cambridgeshire 121,403 37,792 159,195 SUPPORT COSTS Other Home-stan Royslon, Bw)tingford aiid South C.ainbrid8cshire 37.792 NET INCOMEI(EXPEY4DITURE) Nei iiicomeJ(expenditure) is staled after c1)argin{crcdiIlng). 31.3.25 31.3.24 Depre¢ialion- owned llssets 957 Page13 conlinued...
HQmE.STARIRQXL&D SQUTH No S TQ THE FINd1ALTATEwT$.fonÈlllll FOR THEYEAR ENDE MARCH 2025 10. TRUSTEES, REMUNERATION AND BENEFITS There were no Intsttts, rcmunernlion or olhcr ofits for Ihc yciir elided 31 March 2025 nor for ilie year cnded 31 March 2024. Trustees, expenses No members of the Malgement commit received any remuneration during the year. No trkvel and sundry expenses were reiinbursed in the year or iii the lllst year. No t¢t or other person related lo the charity had any p¢rsonal In1ere in any coi)tract or trnnsaction entered into by ihe charitsble conipany durin8 Ilie year. STAFF COSTS 31.3.25 31.3.24 Wages and salaries Social security Costs Othcr pension Costs 113.725 2.727 4,951 114.838 2.7¥8 5.546 121,403 123,172 Tlie avernge monihly number of employees during Il)e year was as follows: 31.3.25 31.3.24 Direct charitablelFamily groups No employees rec¢iv¢d emolunJeni$ iii ¢xc¢s$ of £60,Iy)o. The chariiable company Mak contributioiis lo a defined contributioii pension scheme (The Flexible Reliren)eiit pln) which h&$ been rc¥isl¢r¢d wilh The Pensions Trusi. Conlribution¥ are inL'ludcd in (h¢ ount$ in IhL year of payment. 12. 2024 COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL ACTIVITIES UnrestriLtLd fijnds Restricted nds Total funds INCOME AN'D ENDOWMENTS FROM Donations and legacies 36,850 53576 90,426 Charitable actlvldes Hoine-siart Roysion. Buniiiigford ai)d Sourli CaMbridgh1rc 18.140 18,140 Other trading activitics li)V¢stMlI iiicojne 43,401 784 43,401 784 Total 81,035 71.716 152,751 EXPENDITURE ON Raisin¥ funds 13,080 13,080 Page 14 crnilinued...
IROYSTQIY ANDuTH LQTES TQ THE FINANCIALS.TAT MENTS- Lo.ntln AREN EgJiTHEyDEDjl CH 11 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES- eonllnued Unrestricted Restricted fiinds fuiids Total funds Charltable xctlvities Hoine-start Royston, Buntin8ford and Souili Cambridgeshir¢ 112.398 51.118 163.516 Total 125.478 176.596 NET INCOMEI{EXPENDITURE) (44,443) 20,598 (23,845) RECOLN'CILIATION OF FUNDS Tolal funds brou8hi forward 203,051 8,550 ?11.601 TOTAL FUIYDS CARRIED FORWARD 158.608 29,148 187.756 13. TANGIBLE FIXED ASSETS Fixlur¢s. fillings and equipment COST At l April 2024 and 31 Mllh 2025 18.203 DEPRECIATION Al l April 2024 and 31 March 2025 18.203 NET BOOK VALUE At 31 Match 2025 At 31 March 2024 14. DEBTORS: AMOUNTS FALLING DUE WH[ ONE YEAR 31.3.25 31.3.24 Other debtors and prepaynients 10,352 ,118 Page 15 continued...
HOMETART ROYSTON AND SOUTH CAMBRIDGESHIRE NOTES TO TE FINANCIAL STATEMENT&- eontinu_ed FOETHE YEAR ENDED 31 MARCH 2015 Is. CREDITORS: AMOUNTS FALLIF4G DUE WITHIN ONE YEAR 31.3.25 31.3,24 Other credilors and accruals 42,868 10,176 i& MOVEME IN FUNDS Net movement in funds Trnnsfers between fuiids At At 1.4.24 Unrestrltted funds General ftind D¢5ignaled funds 21,834 136.774 12.154 22.255 122.255) 56,243 114.519 158.608 12.154 170.762 Restrlcted funds Faiiiily Groups fund Home Visiting fund 11.677 17,471 6.902 (3.144) 18.579 14,327 29,148 3,758 32,906 TOTAL FUNDS 1117.756 15,912 203,668 movement in fund4 included in the above are as follows,. Incoming resources Resources ¢xpended Movement in fund$ Unres¢rkted fund$ G¢ii¢ral fuiid 124,750 (112.596) 12,154 Restrlcted funds Fainily Groups fund Hoine Visiting fvnd 13.053 55,128 (6.151) (58,272) 6,902 (3.144) 611.1111 (64,423) 3,758 TOTAL FUNDS 192,931 (177.019 l5,912 Pag¢16 coi)tinucd..-
Ho-STARTYsTON SOUT BRID IES TO THE FINAN IAL STATEMENJT .sontinu FQPTHE YEAR END I MARCH 202 16. MOVEMENT IN FUNDS- continued Comparadves for movement in funds Nct movemeni in funds Transfers b¢Thveen funds Ai 31.3.24 At 1.4.23 Unrestrkted funds Ge1ra] fid Designated fiinds 72.958 130.093 (44,443) 16,681) 6,681 21.834 136,774 203.051 (44.443) 158.608 Restrieted tund$ Fainily Groups fiind Homc Visitin8 fund 2,550 6.000 9.127 11,471 11,677 17,471 8,550 20.598 29,148 TOTAL FUNDS 211.601 (23.845) 187.75C? Comparntive net inovemtnt iii nds. included in the above are as follows: Ii)coming rcsources ResouKts expended Moveineiit in fvnds Unreitrl¢ted funds GeJKral fund 81,035 (125,47S ) 144,4431 Restrlcted funds Family Groups fiind Hoine Visitin8 1]d 30,887 40,829 <21.700) (29,358) 9.127 11,471 71.716 151,118) 20,598 TOTAL FUNDS 152.751 (176,596) (23.845) _es of fjoDofdl Funds GaKral ndS,. This fund comprises all monies not relaling lo designated or restricted funds. Designaied fimds., This fui)d coniprises the provision made by Ihe trustee5 for tentIal c105ure costs. PuTrosgs of R¢siricted Funds Family Cjroups: Tliis fund coinprises Inoiiies received for runniny the family groups. Home Visiling: This fvnd COlnPTises iiionie5 reccived for visiling. Page 17 conlijiued...
HOM&START ROYSTON AND SOUTH MBRID NOTES TO THE FINANCIAL STATEMENTS- £oDIiDUS FOR THE YEAR ENDED 31 MARCH 2025 17. RELATED PARTY DISCLOSURLS There We no relaied party Irdnsaclions for thc year ¢nded 31 March 2025. 18. LEASING COMMITMENTS Th¢ ch&riiy has a rolling annual lease for its premises in Meldreth. The cosl of the rolling annual lease is £9,0(K) per annum. 19. PENSION COMMITMENTS The contributions payable for the period were £4,951 (2024.. L5.546). Ai Ihe balance sheet dale there were no oiilslandirw or prepaid contribiilions. Page 18