Charity registration number 1105574 Company registration number 5200713 (England and Wales) HOME-START (HULL) COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Fawley Judge & Easton chartered Certtfied Accountants 1 Parliament Street Hull East Yorkshire HU12AS HOME-START (HULL) COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE INFORMATION Trustees Pamela Owen Sam McGaw Emma Pickersng Lorna Morris Heather Barnes Elaine Porter Margaret Corless Janel Burton Thamara Bulmer Ola Koiki (Appointed 13 November 20241 SeGretsry Caroline Watson Charity number 1105574 Company number 5200713 Independent examiner Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull East Yorkshire HU12AS HOME-START (HULL) COMPANY LIMITED BY GUARANTEE CONTENTS Page Trustees, report Independent examiner's report Statemerit of financial activities Balance sheet Notes to the financial statements 7-18 HOME-START (HULL) COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also directors for the purposes of company law, present their report and the un-audited financial slatements of the charity for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 110 the accounts and comply with the charity's governing document, the Companies Act 2006 and the Statement of Recommended Practice, "Accounling and Reporting by Charities" issued in March 2005. Objectives and activities The charity's objects are to safeguard and preseNe the good health, both mental and physical of children and parents of childreii, lo prevent cruelty to or maltreatment of children, to relieve sickness, poverty and ne.ed amongst children and parents of children and to promote the education of the public in better slandards of child care within Ihe area of Hull and its environs. The policies adopted in furtherance of these obiecls are applied by the committee and thefe has been no change in these duiing the year. To provide support lo a minimum of 100 new families using home-visiling volunteers. This is our core work. To support an additional 30 families per year on our Families in Mind project funded by the Henry Smilh Charty since January 2022. This project supports parenls with a lasting and enduring mental health condition. To support an additional 100 families per year on the Start for Life Partners & Dads peer support project and Parent Infant Well Being (West Hull) project. To identify funding for the Family Support Worker role To offer 8 preparation courses for new volunteer5, annual refresher training and at least one specialist training opportunity per year for all volunteers. To offer at least one addilional specialist training course per year to active volunleers, trustees and staff To identify a Vice Chair of Trustees as part of our succession planning. Identify new fundinglgranls for the core work, Families in Mind project, and Slart for Life projects. Public benefit The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charily should undertake. ActAvities Home Start Hull applies for the funding of its activities through a tendering processes. Successful applications result in Se￿iCe contracts or grants received lo delivei the specific area identified in the application. The following To increase the support available to families through both the core work and projects. Current target of 230 families. To maintain current staffing levels and volunteer numbers. To assess whether we need to expand our setvices to familie5 To maintain our current representation on the Trustees boar(f. HOME-START (HULL) COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and performance Significarpt activities and achievements ag8inst objeGtives Our Local Ho,ne-St-rt supported 117 families this year through the core work, 34 Ihrough the Families in Mind project. 75 fanii'ies t￿.rough the Start for Life projerts (nol including NICU and Facebook group}, by 50 home-visiting volunteers offering 1941 hours of support. We have succg.ssfully secured funding for our Family Support Worker for one year who provides invaluable support to our most complex families whist waiting for a suitable volunteer. We have successfully secured and started delivery of an additional year of the Families in Mind project wilh further funding from t￿le Henry Smith Charity. We have succe'.>sfull i complete the second year of our Start for Life contracls and secured a further year of funding from Hull City Council. The volunteers and families were supported by 10 trustees (one new trustee recruited during the year)and 11 staff during ihe year (Joanne Boasman, Gemma Brown, Charlotte Dunstan, Lucy Jona5, Kelly Sykes-moody, Bridget Marvin-smell, Charlotte Neale, Helen Percy, Phil Vincent, Katie Warren, Caroline Watson.) All staff, volunteers and trustees continue to complete role appropriate training including Safeguarding Children's Partnership training. We offered 8 3rd de'ivered 3 volunteer preparation courses, as well as one-to-one sessions, recruiting a total of 10 new volup,teers. Nor¢a of the volunteers chose to accredit the training during the year. 71 Oh of voluntp.ers le8ving the scheme this year did so for work and training and we offered 4 sludenl placements contributing lo their educational experien￿. We offered additional training in the 'Prevent' strategy, Hull Safeguarding Children's Partnership SoUr￿S of stress, trans awargne JS, unintentional injuries and safer sleep, infant massage, dads champions, restraining orders, and Refresh. The board hai.'p revie.wed the reserves sel aside by the scheme and are satisfied that they cover the necessary requirements identifi- -d in the Reserves Policy. The Reserves Lovers Ihrpe mo.Iths of running costs plus redundancy costs. We continue to look for ways to provide additional funding for the scheme and increase volunteer numbers. There have bepn no incidents or near misses regarding information govemance. Financial revi iw The execLlive ￿9.,￿Miltee review the financial position regularly throughout the year. The Charily re￿elVeS Income from a contract, donations, grants and investments. Duririg 2024-2025 this amounted to £329.1¥1. ,Is in-ome is used to finance direct charitable expenditure and other expenditure amounting lo £286,284. Our reserves amounl lo £73,892 Unrestricted General Fund and £50,000 Designated Contingent Reserve Fund. Reserves poliL./ It is the policy uf the charity that unreslricled funds which have nol been designated for a specific use should be maintained at a lavel equivalent to between three and six month's expenditure. The trustees consider that reserves al this level Wi,'l ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current aclivilie. 'Nhile consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. HOME-START (HULL) COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Major risks The trustees have assessed the major risks to which the charity is exposed. and are satisfied that systems are in place to mitigate exposure to Ihe major risks. Plans for future periods The Board recognise that over the next five years, the amount of funding from the Hull Health & Care Partnership will decrease each year and have planned provision lo cover a predicted shortfall as costs increase due to workplace pensions and increased costs associated with volunteer training and DBS checks. We continue lo look for ways lo provide additional funding for the scheme structure, governance and management The charity is a company limited by guaranlee and has been registered as a charity. The Irustees, who are alsQ the directors for the purpose of company law, and who served during the year and up to Ihe dale of signature of the financial stslernents were.. Pamela Owen Sam McGaw Emma Pickering Lorna Morris Heather Barnes Elaine Porter Margaret Corless Janel Burton Thamara Bulmer Ola Koiki (Appointed 13 November 2024) Recmitment and appointm8nt of trustees The current Irustees continue to seek new Iruslees as vacancies or skills profiles are required from the general public and Ih05e associated in the area the charity operates. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and gLAarantee lo contribute £1 in the event of a winding up. Organisabonal structure Th8 organisalion is managed by an Executive Committee comprising of no fewer than 4 members and not more thar) 12 members. All the Irustees sil on this committee. Relationship with related parties Home Start Hull is a member of the Home Start UK organisation which provides areas of support lo the organisalion. Service Agreements are enlered into with various providers operating in this area The Irustees, report was approved by the Board of Trustees. Caroline Watson Secretary 2 Oclober 2025 HOME-START (HULL) COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOMESTART (HULL) I report to Ihe trustees on my examination of the financial statements of Home-start (Hull) {the charity) for the year ended 31 March 2025. Responsil" ilities anrj basis of report As the trustee¢ of the charity land also its directors for the purposes of company law}, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required lo be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examinalion of the charity's financial statements carried out under section 145 of the Charities Acl 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151(b) of the Charities Act 2011. Independent examinerfs statement Since the charity's gross income exceeded £250.000, the independenl examiner must be a member of a body listed in sectian 145 of the -harities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member ofACCA, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection wilh the examination giving me cause to believe that in any material respect.. accounting rec.ords were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial sta18menls do not accord with those records-, or the fir,anLiai statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 ,)Iher than. any requirement that Ihe financial slalements give a true and fair view, which is not a matter considerecl as part of an independent examination-, or the financial statements have not been prepared in accordance wtth the methods and principles of the Statement of Recommended Piaclice for accounting and reporting by charities applicable to charities preparing ikieir fiiiancial statements in accordance with the Financial Reporting Standard applicable in the UK and Reputilic of Irelana IFRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drai.'Ii in this report in order to enable a proper understanding of the financial stalements to be reached. James Wilkie Fawley Jiidge ,S Easton Chartered Cerl"filP.d AcccL.ntants 1 Parliament SLtrI-eet Hull East Yorkstriire HU1 2AS Dated.. 2 October 2025 HOME-START (HULL) COMPANY LIMITED BY GUARANTFE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activities Other Irading actiijities Investmenls 16,798 16,798 310.433 7,526 7,526 276,730 4,100 1.777 310,433 276,730 4,100 1,777 1,960 1,960 Total income 18.758 310,433 329,191 13,403 276,730 290,133 Expenditure on: Raising funds Charitable activities 1.955 1,434 1,955 284,329 7,295 3,159 7,295 279,284 282,895 276,125 Total expenditure 3,389 282,895 286,284 10,454 276.125 286,579 Net income 15.369 27,538 42,907 2,949 605 3,554 Transfers between funds 3,835 {3,835) Net movement in funds 11 15,369 27,538 42,907 6,784 (3.230) 3,554 Reconciliation of funds: Fund balances at 1 April 2024 108,523 38,430 146,953 101,739 41,660 143,399 Fund balances at 31 March 2025 123,892 65,968 189,860 108,523 38,430 146,953 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. HOME-START (HULL) COMPANY LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed ass'ts Tangible assets 15 190 224 Current assets Cash at bank and in hand 190,868 227,667 Creditors". amounts falling due within one year 16 11,1981 180,939) Net current ?ss(Sts 189,670 146,728 Total assets less current liabilities 189.860 146,952 Income funds Families In Mipd Family Support Worker Warm Spaces 49,213 16,755 13,023 22,537 2,870 18 65,968 38,430 Unrestrict*d fL'I'.ds Designated fui. ds General unresiricled funds 19 50,000 73,892 50,000 58,523 123,892 108.523 189.860 146,953 The compally c entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for tbe i,_&.ar ended 31 March 2025. The direclc)rs acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect t.o accounting records and the preparation of financial statemenls. The members have nol required the company to obtain an audit of its financial statements for the year in question in accordance wilb section 476. These financial stalemenls have been prepared in accordan￿ wilh the provisions applicable to companies subject to the small companies regime. The financicl141?lements were approved by the Trustees on 2 October 2025 Sam McGaw Trustee Company registration number 5200713 HOME-START (HULL) COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Home-start (Hull) is a private company limited by guarantee incorporated in England and Vvales. 1.1 Accounting convention Tile financial stalemenls have been prepared in accordance wilh the charity's governing dol"um￿&nt, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in Ihe UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charilies.. Statement of Recommended raclice applicable to charities preparing their accounts in accordance with the Financial Reporlinij Standard applicable in the UK and Republic of Ireland {FRS 102)" The charity is a Public Benefrt Entity a:, defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not lo prepare a slatement of cash flows. The financial statements are prepared in sterling, which is the functional currency of Ihe charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, Imodified to Iiiclude the revalu3tion of freehold properties and to include investment properties and certain financial inslruri)ents al fair value]. The principal acGounling poliGies adopted are sel out below. 1.2 Going concern At the lime of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable fLtture. Thus the trustees conlinue to adopt the going concem basis of accounling in preparing the financial statements. 1.3 Charitable funds Unrestncted funds are available for usè at the discretion of the trustees in furtherance of their charitable objectives. Re51ricled funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes lo the financial statements. Endowment funds are subject lo specific condilions by donors that the capital musl be maintained by the charily. 1.4 Income Income is recognised when the charily is legally entitled lo it after any performance conditions have been met, the amounls can be measured reliably, and il is probable Ihat income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relalion to donations re￿IVed under Gift Aid or deeds of covenant is recognised at Ihe time of the donation. Legacies are recognised on receipt or otherwise if the charity has been nolified of an impending distribution, the amount is known, and receipt is expected. If the amount is nol known, the legacy is treated as a conlingenl asset. 1.5 Expenditure Expenditure incurred by the organisation is accounted for on an accruals basis. Items relating lo operational matters are charged to the SOFA, and any capital items lo the Balance Sheet. HOME-START {HULL) COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continuedl 1.6 Reserurctr, ,Ind development expenditure Rese3-, c h expei'.d Iiire is written off against Jrofits in the year in which il is incurred. Identifiable development expenditure is capitalised to the extent thal the technical, commercial and financial feasibility can be demonstrated. 1.7 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequenlly measured at cost or valuation, net of deprec121ion an.d any impairment losses. Deprpcic'.l.on is recognised so as to write off the cost or valuation of assets less their residual values over their useful livp.s on the following ba5es'. Fixtures, fittings & equipment 15°/ - written down value The. cair nr Ioss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. 1.8 Impaimient of fixed assets Al each raporting end dale, the charity reviews the carrying amounts of its tangible assets to determine whether th.pre is any indication that those assets have suffered an impairmenl loss. If any such indication exist), tlie recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if an!). 1.9 Cash ano ¥ash equivalents Cash. and cash equivalents include cash in hand, deposits held al call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within bGri-C>WinQS in CL*rrenl liabilities. Basic fiiiancial assets 8asi(: finilncial assets, which include debtors and cash and bank balances, are initially measured at transactic."I price including transaction costs and are subsequently carried at amortised cost using the effective interest r.iothod unless the arrangement constitutes a financing Iransaclion, where the Iransaclion is measured al the present value of the future receipts discounted at a market rate of interest. Financial assels classifieii as rele1￿able within one year are not amortised. Basic financial liabilities Basic fin"4ncial liabilities, including creditors and bank loans are initially recognised at Iransaclion price unless the arranpe.mer.I constitutes a financing transaction, where the debt instrument is measured at the present valut.. OT . I It fu(ure oayments discounted at a market rate of inteiest. Financial liabilities classified as payable Wlihi., i or,._ s'eGr are not arnortised. Debl iiislh d.. nenti al'e subsequently carried al amortised cost, using ihe effective interest rate method. Trad:: ci-,Jiloi b are fjbligations to pay for goods or setvices that have been acquired in the ordinary course of operalioi1￿ from suppliers. Amounts payable are classified as current liabilities if payment is clue within one yesr 01 rir,I, they are presented as non-currenl liabilities. Trade creditors are recognised initially at tran¢ar.tipi'. prina and subsequently measured at amortised cost using Ihe effective interest method. DerL31.'ogiiJllOII lif fina17cial liabilities Finailcld. Iiabiiifigs ar- derecognised when the charity's contractual obligations expire or are discharged or cancelleu. HOME-START (HULL) COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Terrnination benefits are recognised immedialely as an expense when the charity is demonstrably committed lo terminate the employment of an employee or lo provide termination benefits. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements. estimates and assumptions about Ihe carrying amount of assets and liabilities that are nol readily apparent from other sources. The estimates and associated assumptions are based on historical experien￿ and other factors that are considered lo be relevant. Actual results may differ from these estimates. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, Of in Ihe period of the revision and future periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted funds 2025 Unrestricted funds 2024 Donations and gifis 16,798 7,526 HOME-START (HULL) COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitsble activities Restricted funds 2025 Restrictsd funds 2024 Hull Health & Care Partnership Performance related grants 122,476 121,384 FSW-Hull & East Riding Charitable Trust Perforindnce relaled grants 5,000 8,000 Families In Mind Henry Smith Charity Performance related grants 89,700 59,900 Beverlej PrGject- Brelms Trust CIO PerforrrlL￿l5 ce related grap.ts 380 Two Ridiiigs FoundationlHome-Stsrt UK - Breathing Spaces Fund Perfoiim.: -e reiatea grants 9,300 5,85Q Wesi Pee." SupporL- Hull CC Perforrnol,ce i elated grants Less. deferred income 40,000 80,216 {40,000} PartrieTr. and Dads JerdiLe - Hull CC Performance related grants Less. dc,, i-l.ed 1.'IccmL 43,957 81,000 (40,000} 310,433 276,730 Income *rom other trading activities Unrestricted Unrestricted funds funds 2025 2024 Other inknLme 4.100 Income irom investments Unrestricted UnrestrictÈd funds fuiids 2025 202.1 Interest i e￿e1Vable 1,960 1,777 10- HOME-START (HULL) COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on raising funds Unrestricted Uiirestricted funds, funds 2024 Fundraising and publicity Fundraising agents 1,955 7,156 Trading costs Other Irading activilies 139 Total costs 1,955 7,295 11 #c LY) O E 11 ￿ In 73 In LFI tr4 (n u) ( ¢()C 00 Ln c4 ¢y Lr) J o xy IL'41 (n u) t 0> I￿r￿lL£*i￿￿ HOME-START (HULL) COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Unrestricted funds I I ie Ui brestflcied funds of the charity comprise Ihe unexpended balan￿S of donations and granls which are ljj jrt to spp.cific c.ondilions by donors and grantors as to how they may be used. These include desig nated fijnds wihich have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources expended Transfers At 31 March 2025 Contingency fund Ciines.Il funls 50,000 58,523 50,000 73,892 18,758 13,389) 108,523 18,758 13,389) 123,892 Previous year: At l April 2023 Incomin9 Resources resources expended Transfers At 31 March 2024 Cnnti'igenmi .und r￿nne-.71 fun,. s 50,000 51,739 50.000 58.523 13,403 110,454) 3,835 101,739 13,403 (10,4541 3,835 108,523 20 Ar.al.'fSiS of net assets between funds Unrestricted Restricted 2025 2025 Total Unrestricted Restricted 2025 2024 2024 Total 2024 nLI r 31arii' at 31 March 2025 are reoreseiÉed by.. Tangible assets CiJrr&nt asselsl(liabilities) 190 123,702 190 189,670 224 108.298 224 146,728 65,968 38,430 123,892 65,968 189,860 108,522 38,430 146,952 21 Rf lat,: d p'irbj transactions -arLJ Vwer¢ r.o disclosable related party transactions during the year (2024 - none)- 18-