Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) Report and Financial Statements For the year to 31 March 2025
Registered Charity Number 1105854 Registered Company Number 5146024 Home4tart (Tamworth) Report and Accounts Contents Page Company information Trustees, Report 4-6 Independent Examiners Report Statement of Financial Activitie8 Balance Sheet Notes to the accounts 10-13
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) Company Information Directors and Trustees The following persons served as Directors and Trustees during the year Edna Schafer-Hughes Keith H Goldsworthy Susan A Constable Jennifer Hillerby Natasha Brotheridge (Resigned 31st March 2025) Malcolm Arrowsmith Rebecca Downe8 (Appointed 15th May 2024) Wendy Jayne Biddle (Appointed 15th May 2024) Isabel Jackie Rutter (Resigned 4th February 2025) Company Secretary Keith H Goldsworthy Independent Examlner Shacklefords Limited Chartered Accountants 6A Little Aston Lane Little Aston Sutton Coldfield B74 3UF Registernd office 1 King Street Tamworth Staffordshire B79 7DB Registered Charity number 1105854 Company Registration number 5146024
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) The Report of the Trustees for the year ended 31 March 2025 The Trustees present their report and the financial statements for the year ended 31 St March 2025. The Trustees confirm that the financial statements comply with current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102 (effective 1 January 2019) Objectives and Activities of the Charity Pollcies and Objectives In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit and in particular to its supplementary public benefit guidance. Pollcles The charity has adopted policies on equal opportunities, health and safety, complaints and confidentiality, and a range of defined practices designed to guide the organisation towards best practice. Principal Activities 1 To safeguard, protect and preserve the good health, both mental and physical, of children and parents of children 2 To prevent cruelty to or maltreatment of children 3 To relieve sickness, poverty and need amongst children and parents of children 4 To promote the education of the public in better standards of childcare within the area of Tamworth and its environs Achievements and Performance This has been a year of contradictions for Home-start Tamworth, but we happily continue to support the families of Tamworth and celebrate our 25 years of service in our Town. We began the year with the presentation of the Kings Award for Voluntary servi and gathered together volunteers past and present for this celebration at Tamworth Castle. We also received the accolade of attendance at a Royal Garden Party. However, we have not allowed this to detract from the hard work and continued efforts to attract and train volunteers, arrange hom&visits and run and expand the groups. Additionally, there were free activities for our families during the school holidays in August in the Castle grounds. Sports day unfortunately had to be cancelled due to the riots taking place 48 hours earlier but other events such as a Teddy Bears Picnic and a Puppet Show at the library which was linked with the summer reading challenge, were all successful. In addition to this we held a Children's Christmas Party at the Sacred Heart during December, resplendent with Father Christmas and naughty elvesl Our staff and volunteers are to be commended for all their hard work with all of this. Finally, in March 2025, at the Coton Centre we were lucky enough to be given an opportunity to lebrate International Women's Day with a free event for staff, volunteers and we were able to open this to other organisations from the town.
Registered Charity Number 1105854 Registered Company Number 5146024 It is important to record that the social climate and unrest, in Tamworth has undoubtedly had an impacl which has resulted in our having to review and strictly regulate all safeguarding aspects for the staff and volunteers particularly for home visits. As the year end approached. unfortunately we found ourselves faced with some staff resignations, forcing some re-organisation whilst we seek to redefine and recruit for key positions. We look th forward to the challenge of carrying Home-start (Tamworth) on through its 25 year in Tamworth and re-enforce this with our monthly 'random acts of kindness.. Financial Review During this year we have been fortunate to receive special donations from Analog Services and Staffordshire Mediation Service, together with main funding from the National Lottery Fund, Tamworth Borough Council. Citizen's Advice, Cadent and Community Together as well as other mixed donations and small grants. We also continue to be supported by the sales from our charity shop. We have therefore been able to continue with existing members of staff and commence recruitment where necessary, having secured the relevant funding for those positions. We acknowledge the contributions of our management and staff in maintaining a quality service and we continue to celebrate and embrace our 251h year. Reserves Pollcy The Trustees review the charity's need for reserves regularly, in line with guidance issued by the Charity Commission and Home-start. The trustees have adopted a resenie policy that defines the nature and extent of the cash balances required for the effective continuing operation of the organisation. They evaluate the organisation's financial position in relation to that policy on an annual basis. The trustee directors consider that the organisation's assets are sufficient and available to fund its activities. Investments and Risk Management Any surplus funds are held in interest bearing bank accounts. This interest is used in furtherance of the charity's objectives. The Trustees also examine the major strategic, business and operational risks which the charity might face and confirm that systems have been established to minimise these risks. The total amount of funds held at 31•t March 2025 was £89,834. Fund Raislng The charity has been active in fundraising in the following manner: 1. The charity's approach to fundraising has been to apply to as many grant making bodies as possible 2. A professional fundraiser was en 3. Fundraising is monitored by the f aged in January 2025 for a trial period. rustees and reported at Trustee meetings. 4. No complaints have been received regardin 5. The public are approached for fundraising fundraisin occasiona events organised by the charity. Structure Governance and Management The charity is a charitable company limited by guarantee and was incorporated on 4th June 2004.ln the event of the charitable company being wound up, the liability of the members is limited to£1 Share Capital The company is limited by guarantee and therefore has no share capital Directors and Trustees The directors and trustees during the year are as stated on page 3. The directors are members of
Registered CharFty Number 1105854 Registered Company Number 5146024 the company At the Annual General Meeting the directors retire but may offer themselves for re-election Statement of Directors. and Trustees. Responsibilitias Charity Law and the Companies Acts require the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to select suitable accounting policies and then apply them consistently make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. state whether applicable accounting standards and statements of recommended practice have been followed. subject to any material departures disclosed and explained in the financial statements observe the methods and principles in the Charities SORP The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. The trustees are also responsible for the contents of the trustees, report, and the responsibility of the reporting accountants in relation to the trustees, report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements. E Schafer-Hughes Mrs) Dlrector and Trustso Date
Registered Charity Number 1105854 Registered Company Number 5146024 Home-start (Tamworth) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOME-START (TAMWORTH) I report to the trustees on my examination of the accounts of Home-stsrt (Tamworth) {"the company.) for the year ended 31" March 2025 Responslbllltles and basis of the report As the trustees of the Company (and also the directors of the company for the purposes of company law}, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2008 Act.). Having satisfied myself that the accounts of tha Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act.). In carrying out my examination, I have followed the Directlons given by the Charity Commission (under section 145{51{b) of the 2011 Act. An independent examination does not involve gathering all the evldence that would be required In an audit and consequently does not cover all the matters that an auditor considers in giving thelr opinion on the accounts. The planning end conduct of an audit goes beyond the limlted assurance that the independent examination can provide. Consequently, l express no opinion as to whether the accounts present a "true and fair view. and my report is limited to those speGific matters set out in the independent examiners statement Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect accounting records were not kept in respect of the company as required by section 386 of the 2006 Act., or 2. the accounts do not accord with those records or 3. the accounts do not comply wlth the accounting requirements of section 396 of the 2006 Act other than any requirements that the accounts give a "true and fair view" which is not a matter considered as part of an independent examination or 4. the accounts have not been prepad in accordance with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Ireland (FRS 102) I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached fPSW T D Shackleford FCA Shacklefords Limited Chartered Accountsnts 6A Little Aston Lane Little Aston Sutton Coldfield B74 3UF Date
Registcred Charily Nuinber 1105854 R¢7151¢rl Coiiiiiany Niiinbcr 5146024 Home-start (Tamworth ) statement of Flnanclal Actlvlties I Incorporatlng Income and Expgndlture Account I for the year ended 318t March 2025 Unrestricted Restrleted Fund8 Total Last Year Funds Fund8 Total Fund8 Nots8 2025 2025 2025 2024 Income resources Incomlng re80urces from gènerated fund¥ Voluntary Income Investment Income 143.021 143.021 62.345 617 617 674 Totsl Incomlng re8ource8 143,638 143.638 63,019 Dlrect Gharltable expendlture Governance 104,345 3,214 104,345 3,214 94,559 2,678 Total r880ur¢a8 •xpend•d 107559 107,559 97,237 Net Incomlng resource• 36,079 36,079 (34,2181 Total fund8 brought foThvard 12 53,755 53.755 87,973 Total fund8 carrled forward 89,834 53,755 All acllvltle8 derlve Irom contlnulng operatlon8 The nottt on paga 10 to 13 fomi an Intsgral part of these accounts
Re&iisiored Charity Number 1105854 R¢bT151ered Coinpany Number 5146024 HoMetart {Tamworth Balance Sheet for the year ended 31st March 2025 Notes 2025 2024 The assets and liabilftiès of the charity . Current assets Debtors Cash al bank and in hand 10 874 92,162 926 58,128 Total Current As80ts 93,036 59,054 Creditors :. Amounts due within one year 11 3,202 5,299 Net Current As80ts 89.834 53,755 Net a880ts 89,834 53,755 Tho funds of the charlty: Unrestrlcted Income fund8 Unrestncted revenue accumulated funds 89,834 53.755 Totsl unre8trlct8d fvnd8 89,834 53.755 Restrlcted Income fund8 Restricted revenue accumulated funds Totsl re•trlctsd funds Total charfty funds 12 89,834 53,755 The directors are sati5tied that the company is entitled lo cx¢inption undLr ScLlion 477 ofihc Companies Act 2006 and that no member or members havL rcqucslcd on uudit pursuant to s¢clion 476 0l.ihe Acl. I'hL directors acknowledge their responsibility for (u) ensuring that thc Charitable MpanY keeps accounting records thai comply with sections 3116 and 387 of the Companies Act 2006.. and (b) preparing financial slalem¥ni8 i¥hiLh give g4 truc &nd fair vi¢w ol-th¢ slatc ()I"olTairs ofih¥ charilabl¢ company as at the end ot each financial )'car Und ot its surplus or delicil for eaLh linancial yLar in accovd4nce with ihe requir¢mcnts ol. 8L¥tion5 394 and 395 and whiLh ()Ihcrwis¢ Lx>mply iviih ihe requirements ot.the Companies Act 2006 relating to finuncial slalements. so tar as appliLablL* Ii) the charitable c4)mpany. The ac¢ounts have been prepared in accordance with the special provisions in Part 15 of thu C'.ompanics Act 2006 applicable to companies subj1 to the Small companie5 regime. orthy- Director and Trustee Approved by the Trustees on The notes on pages 10 to 13 forni an intsgral part of these account8
Rcgistercd Charity Niimbcr [105854 R¢8islcred Company Nuinbei 5146024 Home-start (Tamworth) Notes to the Accounts for the year ended 31 March 2025 Accountlng Pollcles Basls of preparing the flnancial statemont8 The financial statements of the charitsble company have been prepared in accordance with the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) { effective 1st January 2015) {Charities SORP FRS 102), the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006 Accountlng Convontlon The accounts have been prepared under the historical cost convention. Taxatlon As a registered charity, the company is exempt from Income and Corporation Tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company and it is therefore included in the relevant costs in the Statement of Financial Activities Funds Structure The charity maintslns a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held to finance both working capital and capital investment Restricted funds have been provided to the charity for particular purposes and it is the policy of the board of trustees to monitor Carefully the application of those funds in accordance with the restrictions placed upon them. Income Accountlng Policy Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items have been met,it is probable that the income will be received and the amount can be measured reliably. Creditors Accounting Policy Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Penslons Accounting Pollcy Contributions to defined contribution plans are expensed in the period to which they relate. 10
Registered Charily Numbir 1105854 Regi5t¢red Company Nuniber 5146024 Home4tart ( Tamworth) Notes to the Accounts For the year ended 31st March 2025 ( continued ) 2 Windin2 up or dissolution of the charity If upon windinR up or dissolution of the charity there reinain any assets. after the satisfaction of all debts and liabilities, the assets represeiited by the accumulated fund shall be transferred to some other charitable body or bodies havin% similar objects to the charity. 3 Surplu81 Deflclts for the flnanclal yaar 2025 2024 This Is after charging Pension costs Reporting Accountants fees 2,364 756 2,254 792 Funds belonRinR to the charity have been used for the purchase of insurance to protect the charity from loss arisin from the n¢%lect or defaults of its truslees, employees or a%ents, or to indemnify its trustees, einployees or aRents, aRainsl the consequences of any ne%lect or default on their part. 4 Trustees Expenses No expenses were pald to trustees or connected persons except re-imbursement of exceptional travelling expenses. 6 Investment Income 2026 2024 Bank depoglt interest re1Ved 617 817 674 674 6 Income Analysls 2026 2026 2026 Unrestrlcted Restrlctod Total 2024 Total Staffordshire Mediation National Lottery - Awards for All Analog Services Tamworth BC Citizens Advice Home-start (Tamworth) - Shop Cadent Community Together IPL Plastice Other donations SCC Community Fund Bank Interest Tamworth Community Foundation TaMvrth Rotary Tamworth Soroptomi6ts Local Giving Home-start (UK) National Grid John Lewis Specsavers Rawlett Trust Kingsbury Playgroup 42,129 19,734 19,879 18,600 15,600 11,743 4,500 4,200 2,500 2,357 678 617 500 420 300 81 42,129 19,734 19,679 18,600 15,600 11,743 4,500 4,200 2,500 2,357 678 617 500 420 300 81 16,526 13,360 250 2,110 1,501 674 500 500 149 17 6,500 3,000 2,229 703 15,000 63,01g 143,638 143,638
R¢gisted Charity Nuniber I10$854 R¢gistCTcd Cunipany Numbcr 5146024 Home-start ( Tamworth) Notes to tha Accounts For the year ended 31st March 2025 { continued ) 7 Direct Charftable Expendlture 2025 2025 2025 2024 Unrestricted Restricted Total Total Staff Costs 80,977 80,977 77,512 Family expenses Staff & volunteer expenses Office Costs 11 11 1,725 1,741 21,616 1,741 903 21,616 14,419 104,345 104,345 94,559 8 Governance 2025 2025 2026 2024 Unre8trlcted Restrlcted Total Total Staff & Office costs 2,458 2,458 756 1,886 Reporting accountants 756 792 3,214 3,214 2,678 9 Staff Costs and Emoluments 2025 2024 Gross salaries 78,613 75,258 Employers National Insurance Pension contributions 2,364 2,254 80,977 77,512 There vrfere no fees or other remuneration paid to the trustees (2024 nil ) There were no employees with emoluments in excess of £60,000 per annum (2024 none) Number of Full Time Employees employed during the year Number of Part Time Employees employed during the year 12
R¢gistcr¢d Charity NunibLr 1105854 R¢gister¢d Ci)mp#n)' Nuiiibcr 5146024 HoMetart ( Tamworth) Notes to the Accounts For the year endod 31st March 2025 ( continued ) 2025 2024 10 Dobtors Other debtors 874 926 874 926 11 Creditors . amounts falling due under one year 2025 2024 Accrued expenses PAYE & NI 2,265 635 2,267 976 Scottish Widows Pensions NEST Pensions 160 1,789 267 142 3,202 5,299 12 Fund Analy816 Funds at Incomo Expendod Fund8 at 2024 Includlng Intorest 2025 Unrestricted fund 53,755 143,638 107,559 89,834 53,755 143,638 107,559 89,834 13 Share Capltal The charity is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter 13