CIO Charity Number: 1105831 HOME-START DAVENTRY AND SOUTH NORTHANTS (A Charity Incorporated Organisation) FINANCIAL STATEMENTS AND TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 319t MARCH 2025
HOME4TART DAVENTRY AND SOUTH NORTHANTS (A Charity Incorporated Organisation)) FINANCIAL STATEMENTS YEAR ENDED 31°, MARCH 2025 CONTENTS Pag8 Legal and Administrative Inforniation Trustees Report 2-3 Tru8teeslDirector¥ re8ponsibility Indopendent Examlners Report Statemont of Financial A¢tiviti98 Balance Sheet Not85 to the Flnanclal Statements 8-13
HOME4TART DAVENTRY AND SOUTH NORTHANTS FINANCIAL STATEMENTS YEAR ENDED 31" MARCH 2025 Page 1 LEGAL AND ADMINISTRATIVE INFORMATION Patrons: Lord Boswell of Aynho Johnny Wake Trustees: R Curzon D Jones R Wing8rath C Neale M Taylor Lord Boswell of Aynho T Boswell L Mack8y P Jacob L Mbebe {apinted October 2024) C Lofts (appointed July 2024) Regl8tered Offlc8: P 0 8ox 7950, Towcester, Northants NN12 gBZ Bank•r8: National Westminster 9 North Street, Rugby Warks. CV212AB Indopendont Examination: Brenda Peers-Ross, FMMT ACIE 29 Drift Rd., Selsey, West Sussex P020 OPW
HOME4TART DAVENTRY AND SOUTH NORTHANTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31°, MARCH 2025 Page 2 Directors and Trustees Th8 Trustees for the purposes of the CIO and Charty Law, throughout this report are collectivety referred to as Trustees. Trustees are drawn from the local community, bringing their individual knowledge, experience, and skills to the Charity. They are appointed to the Board after being considered 8nd then proposed and seconded at a previous Board rneeting. All new Trustees undertake the induction process in accordance with the Home-SÉart national policy and procedure. On-going training is accessed externally through Home-start UK, as well as internally. The Trustees have pleasure in presenting their report and the audited financial statements of the company for the year ended 31°, March 2025. Public Benefrt The Charity is a local voluntary organisation that offers support help to young families Itvlng in Daventry and South Northamptonshire. All families supported by the scheme are experiencing difficult or stressful siluations and have at least one child under five years old. The public is therefoie able to benefit from this bespoke Service, delivered to people in their own homes. Objects and Achlovements The objects of the Charity are: 1. To safeguard, protect and preserve the good health both mental and physical of children and the parents of children. 2. To prevenl cruelty to or maltreatment of children. 3. To relieve sickness, povety and need amongst children and parents of children. 4. To promote the education of the public in better standards of childcare within the Council District of West Northamptonshire and its environs. Achievements and Performance As is Home-stsrt's practice, staff and volunteers continued to work closely with families to enable them to achieve the goals they identified at the beginning of their relationship, visiting families frequently in their own homes. Our coordinators and volunteers continue to support families also by way of phone, FaceTime and Zoom calls as well as WhatsApp messaging.
HOME-START DAVENTRY AND SOUTH NORTHANTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 319t MARCH 2025 Page 3 Flnancial Raview The principal sources of funding in the financial year are set out in detail in nole 1 to the financial statements and total £61,086, slightly greater than the previous year's figure of £59,718. We are constantly monitoring our expenditure against an approved budget ensuring they remain on track. During the year our total expenditure was £90,374, as detailed in notes 2 & 4 in the financial statement. Our overall results for the year show a deficit of £20,501, leaving the Charity with overall fund balanc88 at 3181 March 2025 of £69,563. Th8 financial stalements attached are prepared annually by the Treasurer and are indep8ndently examined by Brenda Peers-Ross, FMA4T ACIE, Risk The Company has employer and public liability insurance to mitigate any potential risk and does not b81ieve it has any other risk than those identified in the Annual report. Res8rve Policy The Trustees, aim is to maintain sufficient reserves where possible to ensure Horne-start Daventry and South Northants can operate for a least six months in the event of a funding crisis plus to meet routine commitments.
HOME-START DAVENTRY AND SOUTH NORTHANTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31" MARCH 2025 Page 4 Trustees, Responsiblity In relation to the financial Statements The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounling Standards (United Kingdom Generally Accepted Accounting Policies). The law applicable to charities in England and Wales requires the charity trustees to prepare financial ststements for each year which give a true and fair view of the state of affairs of the Gharity and of the incoming resources and applicable resources of the charity for.the period. In preparing the financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently; Observe the methods and princlples in the applicable Charities SORP., Make judgements and estimates that ar8 reasonable and prudent., State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements., Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records and disclosing with reasonable accuracy at any tirne the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the applicable Charites (Accounts and Reports) Regulations. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities, The trustees confirm that to the best of their knowledge there is no inforrnation relevant to the Independent Examination of which the Examiner is unaware. The trustees also confirm that they have taken all necessary st8PS to ensure that they themselves are aware of all relevant financial information and that this information has been communicated to the Examiner. This repo was roved by the Trust es on 6th October 2025 and signed on their behalf. R P Wingerath ACIB. Trustee & Treasurer
Brenda Peers-Ross 29 Drift Road Se18ey Chichestor West Sussex P020 OPW Independent Examiner's Report to th• Trusts¢s of: HOMETART DAVENTRY AND SOUTH NORTHANTS Registered Charity Incorporated Organlsallon (CIO) Number: 1105831 Pago S I report on the accounts of the CIO for the year ended 31Bt March 2025, which are set out on the attached Stalement of Financial Activits'es and Balance Sheet on pages 6 to 13. Re8pective re8ponslbilltie8 of trustees and examiner The truslees are responsible for the preparation of the accounts, The trustees consider that an audit is not required for this year under section 144 of Ihe Charities Act 2011 (the Act) and that an independent examination 16 needed. Having Satisf myself that the charity is not subject to an audit under charity law and 15 eligible for independent examination, it 15 my responsibilty to.. examine the accounts under section 145(1) of the Act: follow the procedures laid down in the general Directlons given by the Charty Commission (under section 145(5)(b) of the Act, as amended. and state whéther particular matters have come lo my attention. Basls of Ind•pendont examinaV8 statement My examination was carried out in acccrdance with general Directbons given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presènted with those records, It also includes consideration of any unusual items or disclosures of the accounts and seeking explanalions from you as trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and Gonsequently no opinion is given as lo whether the accounts present a "true and fair view. and the report 18 limited to those matters set out in the statem8nt below. Ind•pendent Examlnar's ststement In connection with my examination, no matter has come to my attention: which gives me Teasonable cause to believe that in any material respect, the requiremenls: to keep accounting records In accordance with the Charities Act 2011,, and to prepare accounts which accord with the aoUntIng records, comply wtth the accoLAnting requirements of the Charities Act 2011 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities. have not been met, or lo which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Brenda Peers-Ross FMA4T. ACIE 3 November 2025
HOMESTART DAVENTRY AND SOUTH NORTHANTS (CIO Registered Number.. t105831) Page 6 STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31st MARCH 2025 Notes Unrestrictad Rostrlcted Total 2025 Unrestrlcted Restrictsd Total 2024 Income and endowm•nts from: Donations and legacies Charitable activities Investments Olher Total Income and ondowments 1,847 38,293 1,741 5,199 47.080 1,847 61,086 1,741 2,698 59,718 1,932 8,627 70,975 2,698 59,718 1,932 6,627 70,976 22,793 Exp8ndlture on: Raising funds costs Charitable Activities Governance Total Expendlturo Net incoming resources before transfer been funds Transfer between funds 70,221 1.038 18,368 749 88,587 90,980 3,399 3,984 94,984 3,399 98,363 {23,4041 (3,984) (27,388) 872 873 (24,1791 3,678 3,735 (20,501) N•t movemont In funds (20,444) 157) {20,501) (22,532) (4,857) (27,3B9) Total funds brought fop*vard Total funds ¢arrl•d frlrward 77,795 12,269 12,212 100,326 77,794 17,126 117 452 12,269 90,064 69,563 All income and 8xpenditurn derive from continuing aGtivih'es. The statement of ffnancial activ8tes is incorpor8ting the income and axp8ndlture accounts and includ85 81198ins and losses recognised during t17e year.
HOMESTART DAVENTRY AND SOUTH NORTHANTS (CIO Registered Number 1105831) Page 7 BALANCE SHEET AS AT 315t MARCH 2025 Nots• Unrnstrlctsd Restrlctsd Total 2025 Unrestrlctod Ro8trlcted Totsl 2024 ASSETS: Flxed Assets Current Assets Debtors Cash at Bank 748 58,574 59,322 748 670 79,420 80,090 670 91,689 92,359 15,978 15,978 12,269 12.269 75,300 Creditors Amounts falling due within one year 1,971 (1,971) (3,766) 5,737 (5,7371 2,295 (2,295) 2,295 (2,2951 Net Current A8sets 57,361 12,212 69,563 77,795 12,269 90,064 NET ASSETS 77,795 12,269 90.064 Unre8trlctod Restrlcted Total 2025 Unro•trlctsd R•$trl¢tsd Total 2024 FUNDS Unrestricted and Deslgnated Restricted 57,351 57,351 12,212 69,563 77,795 77,795 12.269 90,C64 12,212 12,212 77,795 12,269 For the year ending 31 st March 2025, the CIO was entitled to exemption from audit under the Charities Act 2011. The director8 acknowledge their responsibilities for". (l) the members have not required the CIO to obtain an audit of its accounts for the year in question in accordance with section 476. (li) the trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. (ill> these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The accounts have been prepared in accordance with the special provisions relating to small CharItS within the Charities Act 2011.. Appred at ing of Trustees on th October 2025, and sned on their behalf Bob Wingerath Trustee The notes on page 8 to page 13 form part of these ftnancial statements.
HOME-START DAVENTRY AND SOUTH NORTHANTS (CIO Regisbrgd Number 1105831) Page 8 PRINCIPAL ACCOUNTING POLICIES FOR THE YEAR ENDED 31st ma h 2025 The financial statements of the Charity Incorporated Organisation, which is a public benefit entity under FRS102, have been prepared und8r the historical cost conventr'on and in accordance with the Charites Act and the Statement of Recommended Practice SORP (FRS102) issued on 1st October 2019, applicable UK Accounting Standards the Charities Act 2011. The principal accounting policie8 of the charity are set out below. Cash flow ststement The trustees have taken advantage ofthe exemption in Financial Reporting Standard No 1 (revised 19961 from including a cash flow statement in the financial ststements on the grounds that the CIO is small. Fomiat The charity presented an income and expenditure account in the form of a Statement of Financial Acts'vities and Balance Sheet. Flxed Assets Fixed Assets are initially recorded at cosL D¢pr•elatlon Depreciation is calculated so s to write off the cost of an asset, less Its estirnated value, over the useful life of Ihe asset as follows.. Equipment 30% on cost Ineomlng Resources Income 15 biought into account on a receivable basis. InvlMent Income Interest is brought into account on a receivable basis. Gifts In Kind and Donatad Sorvlco8 and Facllltles Gifts in kind, donated facilities and voluntary help, ar8 not included in financial statements since it is not considered PTaGtical to quantify such income. Resources Expgndod Exp@nditure is stated inclusive ot value added tax, and brought into account in the year in which it is due and allocated betsveen restricted and unrestricted funds. Unrestrlcted and Designated Fund• Designated funds - these are funds set aside by the trustees out of unrestricled funds for specrf1c future purposed or projects. Unrestricted funds which can be used in accordance with the charitable objects at the di$cretsDn of the trustee5. Restricted Fund8 Restricted funds can onty be used for the purposes specified by the grantors or when the funds are raised for a specific purpose. Reserves The current reserve policy is to maintain sufficient cash flow for known commitments. Rlsk The Board of Trustees do not believe the organisation is subject to any substantial risk beyond those disclosed in the Annual Report and Accounts.
HOME-START DAVENTRY AND SOUTH NORTHANTS (CIO R8grst8red Number l 105831) Page 9 NOTÈS TO THÈ ACCOUNTS Charitabla Actlvltl•8 Unrgstrlctsd Ro8trlctsd Funds Funds 2025 Total Unrestricted Restricted 2024 Funds Funds Total Grnnts Brackley United Foe fee Charity NNC Hign Shèrtll Northamptonshire High Sherrif The Townsend Charity Woodford Parish Council Team Leaclsom Ltd Towcester Town Council T85co Groundwork Farthinghoe Parish Council The Grocers Charity Helidon Shooting West Northants Council HSUK Cadent Fte62talk Daventry Town Council Constsnce Travi$ John Lewis Stoke Bruerne Parish Council Conneet Northamptor) National Lottery Community Fund (NLCF) HSUK- BHBF wave 2 HSUK- Pears HRUK Centre for Warmth John Wake- Courteenhall Estste Comic Relief 2,000 3,000 3,000 500 500 2,000 3,000 3,000 500 500 300 300 1,000 1,000 1,000 1,000 1,000 1,000 100 100 5,000 5,000 2.000 937 2,187 2,000 937 2,187 18,793 4,375 9,850 18,793 4,375 9,850 1,000 1,OOQ 2,900 1,500 2,900 1,500 100 100 1,000 20,000 781 4,000 2,188 15,000 1,793 1,000 20,000 781 4,000 2,188 15,000 15,000 15,000 1,793 22,793 38,293 59,718 59,718 2 Charltable A¢tlvltlo5 Direct Charltable C08t8 Unrgstrlctod R¢strl¢tfyd Funds Funds 2025 Total Unrestricted Reslricted Funds Funds 2024 Total Employmèrtt Coats Payroll administration Stsff expenses Staff and volunteers training Voluntsers expense8 Publicity and marketing Hoffte-start UK annual lèe Insuran Support Costs, rent et¢ General expenses and mainlenance Telephones. Intemet and IT stats'onery, photocopying and postsge DeprBclalion of offieé equipmènt 57,172 734 2,869 378 1,192 11,538 6B,710 734 3,352 376 1,882 76,255 3,505 79.760 483 3,107 3,576 870 1,382 1,382 1,277 1,114 1,277 1,114 2.255 989 2,255 989 834 3,729 924 4,909 766 5,743 4,495 924 2,052 3,035 1,597 308 90,980 10 2,062 3,035 1,597 308 94,964 70,221 18,366 88,587 3,984
HOME-START DAVENTRY AND SOUTH NORTHANTS (CIO Registered Number 1105831) Page 10 NOTES TO THE ACCOUNTS Unrestricted Restricted Funds Funds 2025 Total unstrICted Restiicled Funds Funds 2024 Total 3 Trustse and Employ008 Wages, Salaries, and Employer NIC Employer Pension Contributions 53,744 3,428 11,538 65,282 3.428 68,710 71,479 4,778 76,255 3,505 74,984 4,776 79,760 11,638 3,505 No employee eamed in excess of £60,000 during the year. The average number of full time equivalent employees during the employees 4.5 {2024'.5). During the year the trustees received £nil remuneration (2024-.£nil) The total expenditure reimbursed to trustees amountsd to £91.80 (2024:£114.62) Unre8trlcled R88trfcled Funds Funds 202S Total Unrestricted Restricted 2024 Funds Funds Total GOrnan¢9 pfessIonal fees, bkkeepIng, payroll Board of Trustees &xpen8e8 and meeting costs Independent Examination 331 92 615 749 1,080 92 615 1,787 2,512 115 772 2,512 115 772 3,399 749 5 Tanglbla Flxed Assets Unrestrlcted Restrlcted Funds Fundo 2026 Total Unrestricted Restricted Funds Funds 2024 Tot81 Cost or revaluation At 1 April 2024 Add additions in year 11,077 1,690 12,767 11,077 1,890 12,767 11,077 1,690 12,767 11,077 1,690 12,767 Less.. disp¢X8als during the year At 31 March 2025 11,077 1,690 Depreciation At 1 April 2024 Charge in year 10,769 3De 11,077 1,690 12,459 10,769 308 11,077 1,690 12,459 308 12,767 1,69D 1,690 Not book value At 31 March 2025 At 31 March 2024 Dobtor8 Unreslrlctsd Restrtctsd Funds Funds 2025 Totsl Unrestricted Restricted Funds Funds 2024 Total Sundry Debtors Pie-Paid Debtors 177 571 748 177 571 748 670 670 670 670
HOME-START DAVENTRY AND SOUTH NORTHANTS (CIO Regist8red Number 1105831) Page11 NOTES TO THE ACCOUNTS 7 Credltors Unre8tricted Restricted Funds Funds 2025 Total Unrestricted Restricted Funds Funds 2024 Total Amounts falling due in one year. Deferred income Big Lottery Joint Bid Sundry Accrua16 Social Security. pension and other taxes (1,371) 13,766) {600) (5,137) {600} (1,645) {650) (1,645) (650) 1,971 3,766 2,295 2,295 8 Unrestrfcted and De81gnatod Funds 2025 Opening Transfer Closing Balancg Movom•nt Movoment between Balance 01.04.24 Out fund$ 31.03.25 UnTestrictad 98n8ral fund 77.795 47,080 71,259 3,735 Unrnstrlcted Funds 2024 Op8ning Transfer Closlng Balance Movement Movem8nt b•e8n Balance 01,04.23 In out fund8 31.03.24 Unrestricled general fund Designated - Heart of England Rugby Project Designated - Racheal's Fund 86,761 3,675 70,975 (84,791) (9,588) 4,830 5,913 77,795 100 326 94,379 873 Rostrlcted Fund8 2025 Transfgr Openlng Movemont Movom•nt between Balancè Balanco In Out funds 31.03.2S Connect Northampton Comi¢ Relief National Lottery Community Fund (NLCF) Sport England Big Lottery- Joint Bid 1,000 1,793 20,000 1,000 1,793 7,648 1,771 (12,352) {3,028} 4,798 7,471 22,793 3,735 12,212 Connect Northamptonshire - grant provide to develop Home-stsrt within Southbrook communty area and venues providing a safe and inclusive environmentfor community groups for children and their families. Comic Relief -a grant provided lo support more isolated families living in rtjral areas in our geographical region, whom ore experiencing poverty, social disadvantage and isolation. National Lottery Community Fund INLCF)- finance providéd to support our core seNices but with a view to irnproving the resilience of those services. with development of our rural servi5 and the help we can provide to isolated families. LDttery- A grant provided by way of joint bid submitted with HS Northampton.
HOMETART DAVENTRY AND SOUTH NORTHANTS (CIO Registered Number 1105831? Page 12 NOTES TO THE ACCOUNTS Restricted Funds 2024 Opening Movement Movement Balance In Out Transfer behveen funds Balance 31.03.24 BBC - Children In Need Sports England Big Lottery- Joint Bid 2,903 8,752 7,471 17,126 {2,330) (573) 11,654) (300) 4,798 7,471 12,269 3,984 873 Childn in Need - grant provided for Early years services to children and young people experiencing family related challenges in Daventy. Big Lottery - A grant provided by way of joint bid submitted with HS Northamplon. 10 Ultlmate Controlling Party The company is under the ults'mate control of ts directors, and whosè nam88 are shown at the tront of the flnancial statements.
Home -8tart Davftntry and South Northants (CIO Roger9d Nuth 11058311 Pag813 Slatsm•nt of Flnanclal Actlvliles Year Endgd 31st March 2025 Restrictsd Unrestricted CoThne¢t Com1¢ Ralf NLCF North•mpto Sports England B59 Lory Jolnt Bld Total 2026 In¢omlng Rgsourc•s Interest and Donaltons NLCF Connect Northamptan Comi¢ Relief 819 Lottgry Joint Bid Olhor Grants and Irme 3,588 3,588 20,000 1,000 1.793 20.000 1,000 1,793 43,492 47,080 43,492 69,873 1,793 20.000 Rwourcas Expended Charltable A¢tlvltlo8 Ernployment co8t8 stalf 8xp8n¥85 Voluntoors expenses staff and volunteer5 Irning ¢)methStari UK annugl f98 Support costs, rgrrt Media Project General exp8nw and malntenance Utililies, insurance, elc Prolessional fees Printing, $lalionery. pxwa, m6rf818 Telepl¥)ne$, inlernd and IT Computer$ 4nd 60fWe Payroll admlni¥lration Depreciation 57,172 2,869 1,192 376 1,277 10,232 68,710 3,352 1.862 376 1,277 483 670 634 1,114 1,038 924 3.729 1.173 3,736 5,743 1,114 1.787 924 4,495 749 700 734 734 12,301 74 Movement in Ygar 124,1791 7.649 13,028) (3.736} 120.5011 Opening Bglanca 1.04.2024 Tran8lor bgbvggn funds Closing Balance 31.03.2025 77.795 3,735 4,798 7,471 3,735 90,064