HOME-START WAKEFIELD & DISTRICT REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Charity Commisslon Reference Number 1105617 Company Registered Number 05208262 WALTER DAWSON &SoN CHAKTEREt) ACCOUNTANTS & STAIUTORY Auf)ITOR Flrst Floor, Unlt 12 Pennine Business Park Longbow Close Bradley Huddersfield HD2 1GQ
HOME-START WAKEFIELD & DISTRICT REPORT AND FINANCIAL STATEMENTS Pa Contents Legal and Administratlve Information Statement of Trustee5' Responsibilitie5 Report of the Trustees Independent Auditorfs Report 8-12. Statement of Financial Activities 13. Balance Sheet 14. Statement of Cash Flows 15. Notes to the Financial Statement5 16-25.
HOME-START WAKEFIELD & DISTRICT LEGAL AND ADMINISTRATIVE INFORILITION 1. CONSTITUTION Home-start Wakefleld & District is a company Ilmited by a guarantee Icornpany No. 05208262) and a reglstered charity (Charity No. 11056171 governed by 7ts Memorandum and Articles of A55p¢latlon. 2. DIRECTORS AND TRUSTEES The directors of the charftable company I'the charity'l are its trustees for the purpose of charity law and throughout this report are collectlvely referred to as the trustees. The trustees serving during the year and slnce the year end were as follows: Chaimian: Janet Walter Vice Chair: Sarah Millns Treasurer- Jennifer Widdowson Safe ardin lead: Karron Zelel Trustees: Jane Hall Elizabeth Lynagh Sarah Mlllns Nlgel Storey lappointed 10 August 2024) Karran ZeLel itor5: Walter Dan & Son First FiLW)r, Unit 12 Pennine Buslness Park Longbow C105e Bradley Huddersfleld HD2 1GQ
HOME-START WAKEFIELD & DISTRICT LEGAL AND ADMINISTRATIVE INFOWTION Bankers: National We5tmin5ter Bank PIC 56 Westgate Wakefield WF1 1XF The Co-op Bank POBox250 Delf House Southway Skelmersdale WN8 6wr Redwood Bank The Nexus Bulldlng, Broadway Letthworth Garden Clty SG6 3TA stered Office: Home-start House 2 Kilnsey Road Eastmoor Wakefield West Yorfrshlre WF1 4RW
HOME.START WAKEFIELD & DISTRICT STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees (who are also directors of Home.Start Wakefleld & District for the purposes of cornpany lawl are responsible for preparing the trustees. report and the financial statements In accordance with applicable law and United Kingdom Accounting Standards Including Financial Reporting Standard 102-. The Finoncial Reporting Standard appllcable In UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). Company law require5 the trustees to prepare financial statements for each year Nthich g?ve a true and fair View of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure. of the charitable company for that period. In preparin8 the financial statements. the trustees are select suitable accountlng policies and then apply them consistently b) observe the methods and principle5 in the Charltles SORP: Ic make Judgements and estimate5 that are reasonable and prudent. Id) state whether applicable UX Ac¢ountln8 Standards have been followed. subject to any materlal departures disclosed and explalned In the financlal statements. and lel prepare the financial 5tstements on the going concern basls unless it is inappropriate to presume that the charitable company will continue in business. The tmsteeg are responsible for keeplng proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financlal statements comply with the Ctynpanles Act 2006. They are also responsible foi safe4uar(ling the asset5 of the charitable company and hence for taking reasonable steps for the prevention and detertion (rf fraud or other irregularitie5. In so far a5 the trustees are aware: lal there 15 no relevant audit informatlon of which the charftable company5 auditors are Ibl the truste have taken all steps that they ought to have taken to make themselve5 aware of any relevant audit information and to establish that the audltors are aware of that inforniatlon.
HOME-START WAKEFIELD & DISTRICT REPORT OF THE TRUSTEES FOR THE YE4R ENDED 31 hlARCH 2024 The trustees are pleased to present their annual report together with the financial statements of the charitable company for the year ended 31 March 2025 wh7ch are also prepared to meet the requirements tor a director5 report and accounts for Companie5 Act purp05e5. The legal and admlnistrative inforrnatl set out on pa8e5 1 and 2 forms part of this report. The flnancial statement5 comply with the Charities Act 2011, Companies Act 2006, the Memorandum and Articles of Ass¢xiation and Accountfng and Reporting by Charitles: Statement of Recommended Practice appllcable to charities preparlng their accounts in accordance wlth the Flnanclal Rep¢)rtlng Standard applicable in the UK and Rewbllc of IreLarKI IFRS 1021. 1. StnKture Govemance and Mana ement A volunteer Board of Trustees is responsible for the scheme although the day to day njnnlng is delegated to the Scheme Manager who ha5 responsibility to ensure that all members of staff are appropriately rnanaged and supervised. TNstee Board meetings are held bi-monthly. 2. Ob'ectives and Activities The objectlves for whlch Home-start 15 established are: la} To safeguard, protect and preserve the good health, both mental and physical, of children and parents of children, Ibl To prevent cruelty to or maltreatment of children, Icl To relieve sickness, poverty and need amongst chlldren and parents of children. Idl To promote the education of the public in better standards of childcare wthin the area of Wakefield and Its envlrons. When plannlng the actlyltles for the year. the trustees have considered the Commlssion's guldance on publlc benefit. 3. Achievements and Performance Home.Start Wakefield & District conrlnues to WO with familie5 of O-11 year olds by provision of volunteer befriending and advocacy in the Wakefield District. We continue to build our partnershlps wlth the Local Authority and after our review they have decided to continue the funthng of £51,600 per year.
HOME-START WAKEFIELD & DISTRICT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 3. Achievements and Performance continued We tontinue to be supported by the continuation of Henry Smith Improvlng Llves funding in June 2022 to May 2025. This supports our work fundlng two of the coordinator team, recrultlng and tralnlng volunteers to work th families of chlldren 5 years. Our funding fr7 the Local ALrthority for the work with families of chlldren 6 - 12 years was extended to August 2025. Support to families through our Fafnily Groups has continued. there are six group5 running acr05S the district in Castleford. Pontefract, Shariston, South Kirkby, Flanshaw and Eastmoor. Working in partnership and develop1ng positive relationships with other agencies is central to our worf(. We have continued to work In c105e Ilaison wlth colleague5 in the third sector. in particular Nova and the Young Live5 Con50rtium. Durlng 2024-2025 the scheme recelved 341 referrals for support. We have offered bespoke dads support through Dad Matters for Perinatal Mental Health IPNMHI concerns, and a Dads do it Differently Coordinator for fathers of older children where PNMH Is not the concern. Through this work in Wakefield, we were approached by Barn51ey Council to host a Dad Matters C¢)ordinator for their PNMH sUPPOrt offer to dads. and we appointed to this role in March 2024, The quallty of the semce we prowde to farnilies 15 partlculariy Important to U5 and we are pleased to report that 1LK)% of families who evaluated the serwce said they were very sat15fied or satisfied with the Home-start service. Feedback from referrers te115 US that the Home-start service is valued by them, and they report improvements in the familie5 they have referred. During this year we trained 19 new volunteers. Volunteers play a vital role in the 5UPPOrt of families. It 15 their commitment that enables us to support families across the Wakefield District. The scheme contTnues to offer a comprehensive volunteer training programme. The scheme recognises the value of it5 volunteer team, and we acknowledge the commltment of th05e who give their tlme freely to support parents and children.
HOME-START WAKEFIELD & DISTRI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IRCH 2024 4. Financial Review The Trustee Board has adopted a statutory reserves policy which determlnes the level of reserves it maintains in the event of scheme closure and to cover staff redundancles. 5. Plans for the Future We will continue to strengthen our ITnks with statutory and voluntary agencies to promote the Home-start serrice. We will look at all funding opportunities which align with our aims and objectives and continue to offer much reeded early 5UPPOrt to children and families in the Wakefield district. We 11 continue to work in partnership Mth the L(Kal Authorityi Cluster Managers. and other VCS organisations. to ensure that families and children across the distrirt have a range of servTce5 ro support their unique need5. We have identified that lots of parents go through crisis and galn support at that level, then a5 the crisis eases, support disappears leaving them wlth no one. We pick up some of these families and support them to Integrate into new aa$ of the dlstrict. set up new home5 and rebuild their confidence. We wtyjld Ilke to become the local rebulld offer and are looking to pursue fundln8 to support this type ot project. 6. Statement of Disclosure of Information to Audit¢)r5 The trustees of the charitable company who held office at the date of approval of thi5 Report of the Trustees each confirm that: {a) so far as they are aware. there is no relevant audit information, infomiation needed by the charitable cornpanls auditor5 in connection with preparing their report. of whTch the charitable companys auditors are unaware. and {bl they have taken all the Steps that they ought to have taken as ttwstees in order to make themselves aware of any relevant audit information and to establlsh that the charitable company's auditors are aware of that Infomiation. 7. Auditors The audltors, Walter Dawson & Son. haMng expressed their willingness to continue in office. will be proposed for re-appointment in accordance with Section 485 of the Companies Act This report has been prepared in accordan with the Accounting and Reporting by Charities: Statement of Recommended Practice. In preparin¥ this report advantage ha5 been taken of the Small companies exemption.
OME-START WAKEFIELD & DISTRICT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 1 PL4RCH 2024 Thls report wa5 approved and authorlsed for Issue by the Trustee5 on 8 October 2025 and signed on their behalf by: J Walter Trustee . HiddcLoS(n
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HOME.START WAKEFIELD & DISTRICT inion We have audited the flnanclal statements of Home-start Wakefield & Dlstrlct for the year ended 31 March 2025 which comprise the Statement of Financial Actlvitles Ilncluding Incotne and Expenditure Account). Balance sheet, and note5 to the financial 5taternents on pages 13 to 24, including a sumrnary of significant accounting policies. The financial reporting framework that has been applied in their prep3rat7on is applicable law and United Kingdom Accounting Standards, includlng Financial Reporting Standard 102.. The Financial Reporting Standard applicable in UK and Republic of Ireland (United Klngdom Generally Accepted Accounting Practice). In our opinion the financial statements: la> give a true and fair view of the state of the Charitable company's affairs as at 31st March 2Q25 and of its income and expenditure for the year then endeé. Ibl have been properly prepared in accordance with United Klngdom Generally Accepted Accountin4 Practice,. {c) have been prepared in a¢¢ordance with the requlrements of the Companies Act Ic6. Basls for o nlon We conducted our audit in accordance th Internatlonal Standard5 on Audltlng IUKI IISAS IUKII and appilcable law. Our re5pon5ibilities under those standards are further described Sn the ALRlltor's responslbllities for the audit of the financial statements section of our report. We are Independent of the Charity in accordance with ethical requirements that are relevant to our audit of the financial statements In the UK, Including the FRC'S Ethlcal Standards, and we have fulfilled our other ethical respon5ibTlitie5 in accordance with these requirements. We belTeve that the audit evidence we have obtained is sufficient and appropriate to provide a basis for ()ur opinion. Conclusions Relatin to Goin Concern In auditing the financial statements, we have concluded that the trustee5' Use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied. we have not identified any materlal uncertaintie5 relating to event5 Qr con(iltions that. individually or collectively> may cast Sl8n?ficant doubt on the Charity's abTlity to continue as a going concern for a period of at least twelve month5 from when the finan¢lal statements are authorised for issue, Our responsibilities and the responslbllitles of the dirrftors wlth respect to going concern are described in the relevant sectlons of this report.
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF HOME-START WAKEFIELD & DISTRICT Other Infomiation The tntstees are responsible for the other Information. The other Information comprises the information included In the annual report other than the finandal Statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other Tnformation and. except to the extent OtheSe explicitly stated in our report. we do not express any form of assurance conclusion thereon. In connection wlth oui audit of the financial statements our responsibility Is to read the other information and. in doing so, consider whether the other infomiation is materially incorbsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identTfy such material inconsistencies or apparent material misstatements. we are required to determine whether there is a material mlsstatement in the financial $tements or a material mlsststement of the other information. If, based ijn the work we have performed, we conclude that there is a material misstatement of this other information, we are requlred to report that fact. We have nothing ro report Tn thi5 regard. O inion on Other Matters Prescribed the Com anies Act 2006 In our opinion. based on the work undertaken in the course of the audit: (al the Infom)ation given In the trustee's report lincorporatlng the strategic report and dlrectors, report) for the flnandal year for which the flnanclal statements are prepared is Consistent with the financial statements; and Ibl the tnjstees. report (incorporating the strategic port and dlrectors. rep)rtl have been prepared in a{cordan with applicable legal requirements. Matters on Which we are R uired to Re rtb Exce tion In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material mi55tatements in the Trustees. knnual We have nothing to report in respect of the following matter5 in relation to which the Companies Act 2006 require5 US to report to you if, in our opinion: la} adequate accounting records have not been kept or returns adequate for our audlt have not been received from branches not visited by us; bl the financial statements are nol in agreement with the accounting records and returns. Icl certain disclosures of trustee's remuneration speclfled by law are not made. or
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HOME.START WAKEFIELD & DISTRICT Matters on Which we are Re red to Re rt b Exce tion ¢)ntinued Id) we have not received all the Informatlon and explanations we require fer our audlt. Re5 nsibilities of the Trustees As explained more fully Tn the trustee's responsibilities statement set out On page 3. the trustee5 (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of tinancial statements and for belng satlsfied that they give a true and fair ew, and for such intemal control as they deternine it necessary to enable the preparation of financial statements that are free frorn material misstatement. In preparing the financial statements. the tnJ5tees are re5pDnslble for assessing the Charity's ablllty to continue as a golng concern, di5closlng. as applicable, matters related to golng concern and using the going concern basis of accountTng unles5 the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so. Our Res n5ibillties for the Audlt of the Financial Statements Our objective5 are to obtaln reasonable assurance al)out whether the flnanclal statements a5 a whole are free from materlal mlsstatement, whether due to fraud or error, and to Issue an auditor's report that includes our opinfon. Reasonable assurance 7$ a high level of assurance. but is not a guarantee that an audit conducted In accordance wth ISAS IUKI 11 always detect material misstatement when It exlsts. Mlsststements can arise from fraud or error and are considered material if, individually or In the aggregate, they could reasonably be expected to influence the economic dec75ions of users taken on the basls of the financial statements. Irregularities, including fraud, are instance5 of non-compllance wlth laws and regulation5. We deslgn procedures In Ilne with our responsibilities, outlined above, to detect materlal mi5Statements in respect of irregularitle5. including fraud. The extent to which our procedure5 are capable of detecting irregularities, including fraud is detailed below: Ovr approach to identifying and assessing the risk of materlal misstaternent in respect of Irregularfties, including fraud and non-complTance with laws and regulations, was as follows: la} the engagement partner ensured that the engagement team collectively had the appropriate competence, capabllities and skills to identify or recognise non-compliance th applicable law5 and re8ulatlons- Ibl we Identifled the laws and reBuLations applicable to the Charfty through discussions With trustees and other management, and form our commercial knowledge and experience of 10
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HOME-START WAKEFIELD & DI TRI Our Res onslbillties for the Audit of the FinancTal Statements continued {cl we f$sed on specific laws and regulations which considered may have a direct material effect on the financial stalements or the operatTons of the charity, Includln8 the Companles Act 2006, taxatTon legFslatlon, data protertion. antl-brlbery, employment, environmental and health and safety leglsladon. Idl we assessed the extent of compliance with the laws an¢J regulations Identified above through making enquiries of management and inspecting legal correspondence; and lel Identlfied laws and regulatlons were communicated withln the audit team regularly and the team remained alert to Instances of non.compliance throughout the audit. We assessed the susceptlbillty of the charitys financlal statements to materlal mlsstatement, including obtaining an understanding of how fraud might occur, by: lal maklng enquiries of management a5 to where they considered there was a susceptlbility to fraud, their knowledge of actual, 5U5pected and alleged fraud. and Ibl considering the Internal controls In place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through managernent bias and overide of controls, we: lal performed analytical procedures to identify any unusual or unexpected relationships; Ibl tested Journal entrfes to identlfy unusual transactions; Ic) assessed whether judgements and assumptions made in determining the accounting estimates set out in note 1 and where indicative of potential bias: and Idl investigated the rationale behlnd significant or unusual transactlons. In response to the risk of irregularlties and non-cgmpliance with laws and regulations. we deslqned pr4xedures which included, but were not limited to: lal a4reeln8 flnancial statement dlsclosures to underlying supportln8 documentation; Ibl readlng the mjnutes of meetlngs of those charged with govemance; Icl enqulr6n8 of management as to actual and potential litigation and claims; and Idl reyfiewlng correspondence wlth HMRC, relevant regulators Includln8 the Health and Safety Executive, and the company's legal a(fvlsors. 11
INDEPENDENT AUDITOR'S RE14)RT TO ThE MEMBERS OF HOME-START WAKEFIELD & DISTRICT Our Res nsibilities for the Audit of the Financial Statements continued There are Inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions. the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non.compliance vrith law5 and regulations to enquiry of the trustees and other management and the inspectlon of regulatory and legal correspondence, if any. Material mi55tatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further descrfption of our responslbllltles for the audit of the flnanclal statements is located on the Financial Reporting Councll's webslte at: www.frc.org.uklaudltorsreponslbllitie5. Thls descrfptlon forms part of our auditor's report. Use of our re This report is made solely to the Charity's members, as a ldy, in accordance with Chapter 3 of Part 16 of the Cornpanles Act 2006. Our audit work has been undertaken so that we might stste to the Charity'5 members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent pemiltted by law, we do not accept or assume responsibility to anyone other than the Charitys members as a body, for our audit work, for this report, or for the oplnlons we have formed. John Richard Hall FCA (Senlor Statutory Auditor) for and behalf of Walter Daw50n & Son, Statutory Auditor. Chartered Accountant5 First Floor, Unit 12 Pennlne Buslness Park Longbow C105e Bradley Huddersfield HD2 1GQ Date.. 12
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Notes Unrestricted Restricted Funds Fund5 Total 2025 Total 2024 INCOME AND ENDOWMENTS FROM: Donations and Legacies Investments Charftable ActivitT TOTAL INCOME AND ENDOWMENTS 2,359 1,339 2,888 5,247 1,339 475,627 482,213 2,249 1.255 447,771 451,275 475,627 478,515 3.698 EXPENDITURE ON: Charitable Actlvltles 1,246 463,589 464,835 404,490 TOTAL EXPENDITURE 1.246 463,589 464,835 404.490 Ntr INCOMEI EXPENDITURE Transfers Between Fund5 2,452 14,926 17,378 46.785 MOVEMENTS IN FUNDS 2,452 14,926 17,378 46.785 RECONCILIATION OF FUNDS Total Funds at 1 April 2023 Total Funds at 31 March 2024 126,217 128,669 189,935 Z04.861 316,152 333,530 269,367 316,152 All income and expenditure derive fr( continuing activities. 13
HOME-START WAKEFIELD & DISTRICT BALANCE SHE AS AT 31 M4RCH 2025 2025 2024 Notes FIXED ASSErs Tangible A55ets 13 4,922 5,654 CURRENT ASS Debtors Cash at Bank and in Hand 14 750 363,413 364,163 32,417 361,503 393,920 CREDITORS.. Amounts Falllng Due Withln One Year 15 { 35.555) { 83,422 NEf CURRENT ASS 328.608 333,530 310,498 716.152 The Funds of the Charity: RESTRICTED INCOME FUNDS 18 204,861 189,935 UNREThIICTED FUNDS General Funds Designated Funds 18 18 26,926 101,743 24,474 101.743 128,669 126.217 333.530 316,152 TIse flnancial statements have been prepared in accordance with the provi57ons applicable to companies subject to the small companles reglme. The financial statements were approved and authorised for Issue by the Trustee5 on 8 October 2025 and signed on their behalf by: J Walter - Trustee C E Lynagh - Trustee C. J Widdowson - Trustee 14
HOME-START WAKEFIELD & DISTRICT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash flows from Operatln8 Actlvltles Net income 17,378 46,785 Adjustments for Depreciation of tangible fixed assets Interest receivable 1,231 (1,339 1,415 { 1,2551 Change5 in: Trade and other debtor5 Trade and other creditors 31,667 (47,8671 131,769) 77,111 Net cash generated from operatlng actlvltles 1,070 92,287 Cash flows from Investing actfivltles Dividends, interest, and rents from investments Purchase of tangible fixed assets 1,339 { 4991 1,255 (503) Net cash generated by Investlng activities 840 752 Net Increase In cash 1,910 93,039 Cash and cash equivalent5 brought forward 361,503 268,464 Cash and cash equivalents carrled forward 363,413 361,503 15
HOME.START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MIRCH 2024 1. STATUTORY INFORMATION Home-start Wakefield & District is a charitable company domiciled in England and Wales, registered number 05208262. The princTpal place of business is 2 Kilnsey Road, Eastmoor, Wakefield, West Yorkshire WF14RW. 2. COMPLIANCE WITH ACCOUNTING STANDARDS The financial statements have been prepared in accordance with Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021, Charitie5 SORP {FR5 10212019 and the Companies Act 2006. 3. ACCOUNTING POLICIES The financial statements have been prepared under the historical cost convention. The presentation currency is sterling. The particular accounting policies adopted are as follows: (a} Donations Le acies and Similar Incomin Resources Donatlons, legacles and similar incoming resource5 are Included in the year in which they are receivable, which is when the charity becomes entltled to the resource. (b) Grants Receivable and Local Authorlt Fees Grants receivable and local authority fees are credited to the Statement of Financial Activities (SOFA) In the year for which they are received. Deferred income represents amounts received for future periods and is released to income resources in the period for which it has been received. {c) Investment Income Income from investments is included in the SOFA in the year in which it is receivable. {d> Ex enditure All expenditure is included on an annual basis and is recognised when there is a legal or constructive obligation to pay for expendlture. All costs have been dlrectly attributed to one of the functional categorles of resources expended in the SOFA. The charity is not registered for VAT and accordingly expenditure is shown gr05s of irrecoverable VAT. 16
HOME.START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 3. ACCOUNTING POLICIES (continuedl (el Tan ible Fixed Assets Depreclation is provided on a reducing balance basis over the expected useful lives of each category of tangible fixed assets: Fixtures and Fittings 20% per annum on written down value If I Pension Costs The charity operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are recognised in the 50FA when due. Rentals payable under operating leases are charged to the SOFA on a straight line basis over the period of the leases. The benefits of lease incentives are recogni5ed in the SOFA over the lease period on a straight line ba515. {h} Fund Accountin Funds held by the charity are either: Unrestricted seneral funds - these are funds which can be used in accordance with the charltable objects at the discretion of the trustees. De5iynated funds - these are funds set aside by the trustees Qut of unrestricted general funds for specific future purposes or projects. Restricted funds - these are funds that can only be used for particular restricted purpose5 wlthln the objects of the charlty. Restrictions arise when 5peclfled by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. {il Cash Flow Statement5 The charity qualifies as a small company under the Companies Act 2006. The trustees have elected to take advantage of the exemptions under FRS 102 not to prepare a cash flow statement. 4. LEGAL STATUS OF THE CHARITY The charity Is a company limited by guarantee and ha5 no share capital. In the event of the charlty being wound up the liability, in respect of the guaranteee 15 limited to £1 per member of the charity. 17
HOME.START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 IL4RCH 2024 18
HOME-START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 IAARCH 2024 5. DONATIONS AND LEGACIES Unrestricted Funds Restrlcted Funds Total 2025 Total 2024 Donations 2,359 2,888 5.247 2,249 6. INVESTMENTS Unrestricted Funds Restricted Funds Total 2025 Total 2024 Bank Interest 1,339 1,339 1,255 7. CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total 2025 Total 2024 Henry Smith WMDC PAIR PNMH EHH Bridglng the gap 2 Dad Matters Barnsley FAIR- TBL Prosper grants UKSPF SHIPSS WFOL 60,000 51,600 11,454 36,750 28,776 60,IX)O 51,600 11,454 36,750 28,776 59,500 51,867 35,(M)O 23,239 25,000 19,865 104,798 11,250 14,252 103,IXIO 47,677 106,395 11,500 47,677 106,395 11,5(Kl 120,000 1,475 120,0(K) 1,475 475,627 475,627 447,771 19
HOME-START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 CHARITABLE ACTIVITIES Unrestricted Funds Restricted Funds Total 2025 Total 2024 Salaries and Pensions and NHI Training Staff Expenses Volunteer Expenses Equipment and Repairs Promotion & Strategic Planning Professional Fees 372,476 3,221 9,850 3,415 343 372,476 3,221 9,850 3,415 343 4,198 9,370 16,155 45,807 338,338 1,184 7,304 3,037 4,198 9,370 16,155 44,561 1,835 9,218 5,325 38,045 Outings and Functions Support costs 1,246 1,246 463,589 464,835 404,490 9. SUPPORT COSTS Unrestricted Funds Restrfcted Funds Total 2025 Total 2024 Telephone Rent, Room Hire and Cleaning Insurance Postage, stationery and Photocopying Auditors RemuneratTon Sundry Expenses Bank Charge5 hlanagement Fees Depreclatlon 7,794 10,956 1,574 4,277 4,068 1,608 7,794 10,956 1,574 4,277 4,068 1,623 84 14,200 1,231 45,807 1,923 17,953 1,445 4,101 3,131 6,501 84 1,492 1,415 38,045 15 14,200 1,231 1,246 44,561 20
HOME-START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 10. STAFF COSTS AND TRUSTEES. REMUNERATION 2025 2024 Wages and SaLarles Social Securlty Costs Other Pension Costs 334,526 20,437 17,513 301,983 21,596 14,759 372,476 338,338 Included in Wages and Salaries above 15 £631 paid by the charlty In termination benefits durlng the year (2024: £nil) No employee received remuneration amounting to more than £60,OIXI in either year. Trustee5 received no remuneration and were not reimbursed for any of their expenses in either year. The average wk{Y number of employees during the year, calculated on the basls of full time equivalents, was as follows: 2025 No. 2024 No. Charitable Activities 13 12 11. NEf INCOMEI EXPENDITURE FOR THE YEAR 2025 2024 This is stated after charging: Depreciation Auditorfs Remuneration 1,231 4,068 1.415 3,131 12. CORPORATION TAX The charity 15 exempt from lax on income and gains falling within Section 505 of the Taxes Act 1988 or Section 252 of the Taxatlon of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives. 21
HOME-START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 13. TANGIBLE FIXED ASSErs Flxtures and Fittings Total Cost: At 1 April 2024 Additions At 31 March 2025 27,292 499 27,791 27,292 499 27,791 eclatlon: At 1 April 2024 Charge for Year At 31 hlarch 2025 21,638 1,231 22,869 21,638 1,231 22,869 Net Book Value: At 31 Alarch 2025 4,922 4,922 At 31 March 2024 5,654 5,654 14. DEBTORS 2025 2024 Trade debtors Prepayments and Accrued Income 31,667 750 750 750 32,417 15. CREDITORS: Amounts Falllng Due Within One Year 2025 2024 Trade Creditors Accruals and Deferred Income Other Creditor5 (172 33.222 2,505 17 2,505 35,555 83,422 22
HOME-START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 16. PENSION SCHEME The charity operates a defTned contributlon pension scheme. The assets of the pension scheme are held separately from those of the charity in an independently administered fund. The penslon cost represents contributions payable by the charity to the fund and amounted to £17,513 (2024: £14,7591. Contrlbutlons totalling £2,505 {2024: £2,505} were payable to the fund at the year end. 17. ANALYS15 OF NET ASSEfs BEfwEEN FUNDS General Fund5 Designated Restricted Funds Funds Total Funds Tangible Fixed Assets Current Asset5 Current Liabilities Net Assets at 31 March 2024 4,922 57.559 (35.555) 26,926 4,922 364,163 135,555) 333,530 101,743 204,861 101,743 204,861 23
HOME-START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENT5 YEAR ENDED 31 IMRCH 2024 18. MOVEMENT IN FUNDS At 1 April 2024 At31 Transfers March 2025 Income Expenditure Restricted Funds Henry Smith Tudor Trust Family Fund WMDC 18,964 4,461 51,150 93 165,3951 13.569 4,461 45,429 93 21,449 11531 75 2,710 2,888 50 51,61X) 157.3211 WDHCS Our Family our Future Lamplighters PAIR Brldglng the Gap Summer Trlp EHH 23,234 11,7851 { 153) 111,379) 11,454 2.710 2.888 28,T76 36,750 47,677 106,395 11,5() 128,7Z6} 133,0121 147,1741 108,1271 { 9,6501 { 9,9511 { 89,4411 11,4751 PNMH Dad Matters Bamsley FAIR .TBL 4,134 15,875 2.862 7,302 9.974 49,176 7,872 16.378 1,130 9,152 23 79,735 Prosper UKSPF SHIPSS Festival of Learnlns 120.( 1,475 Total Restricted Funds 189.935 478,515 { 463.589 204,861 Unrestricted Funds statutory Reserve Fund 101,743 101,743 General Funds 24,474 3,698 11,246} 26.926 Total Unrestrfjcted Funds 126,217 3.698 11,246 128,669 TOTAL FUNDS 316.152 482,213 464,8351 333,530 Re5trlctlons Im and Pu of Desl nated Funds The Trustees Board has adopted a statutory reserve policy whlch detemiines the level of reserve5 It maintain5 based on three months running costs and to cover staff redundancy costs in the event of scheme closure. WMDC This funding 15 to 5UPPOrt charItS work wlth parents with chlldren 0-5 years. This funding 15 belng revlewed as It Is due to end November 2025. 24
HOME.START WAKEFIELD DISTRICT NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 18. MOVEMENT IN FUNDS continued Hen Smith 22 Thls funding Is to support the charity's work Mth parents of children 0-5 and ends June Famil Welfare fund This funding is to support familie5 in crisls when other forms of support have been Famll Wellbeln This project support5 the overview of the service managing impact and outc4)mes. Identifying development of the seThice to support current 15sues that arise Tn familie5 this funding has Some underspend and now ends Dec 2025. Bri the Ga 3- SHIPSS crdInatOr Supporting families children under the age of 5year5. Recrultlng. training & mafchlng volunteers & assessing family needs, managing peer support work, whlch is caled out by volunteers, signposting to specialised Services where needed. Six Family Groups promoting healthy lifestyles. children's physical Sla1 and emotional development and reducing parents. isolation, and promoting getting children ready for Admlnlsirator: Admin & Monitoring for all the above projects and Service dellvery L.A. HUBS C(rdInatIng RPC, Triple P & EPEC family leamlng across six local authorlty hubs supporting famllies with children under the age of 19yrs. PNMH Supporting familie5 With chlldren under the age of 2yrs. Working alongside parents who have mental health struggles in the first two years of the child's Ilfe. Lotte Families Achievin Inner resillence FAIR Dads Coordinator Dad matters (be5pDke Homestart program} - Supporting families Wth children under the age of 2yrs. Dads do It dlfferently - Supporting families for fathers of older chlldren and where PNMH 15 not the concern. Recruiting, Training & Matching Volunteer5 & a55essing family need5, offertng peer support work, walk and talk5 and an online workshop I drop-fjn also referring to speclallsed seNces where needed. 25
HOME-START WAKEFIELD DISTRicr NOTES TO THE FINANCIAL STATEME15 YEAR ENDED 31 ILARCH 2024 18. MOVEMENT IN FUNDS contlnued Famil Behavlour Su Providing 5UPPQrt In families where behaviour is causing the m05t pressure, working alongside parents in a htslistic way to set up and support parents With strategies around behavlour management and parents setting and enforclng 8ood safe boundaries for chlldren. Visiting weekly at first to embed the strategies with parents, then offering remote support e.g. telephone contact. WAKEFIELD FESTIVAL OF LEARNING - Cook Eat Re at Pilot Two sessions of CODkTns with families and providing equipment and ingredients for them to repeat the recipe at home. Well received and we will Ik for money to run a longer programme as part of healthy eating outcomes. 26