HOME-START CAMBRIDGESHIRE IA Company Limited bv Guaranieel Report of the Board of Trustees For the year ended 31st March 2025 HOME-START CAMBRIDGESHIRE Iiiiiiiiiii 'AEHHIA7N* 1511212025 COMPANIES HOUSE A11 #275 ConteTrts Page Reference & Administrative Information Ito2 Report of the Trustees 3to7 Report ofthe Independent Examiner Statement of Financial Activltles Balance Sheet io Notes to the Financlal Statements Ilto15 HOME-START CAMBRIDGESHIRE COMPANY INFORMATION Diredorsnrustees Joanna Studdert (resigned 271312025} Susan Wilson {resiEned 2713120251 Aaron Venable5 (Chairl Dr Margaret Challi5 Claire Hoather Iresigned 1817120241 Chloe Heath (Vlce Chalr èppolnted 2713120251 Fiona Pirie Nina Ryan Wilhelmina Holland (appointed 711120251 Janet Chapman lappointed 711120251 Julla Co8hlan lappolnted 271312025} Gavin Love lappointed 2713120251 Company Secret•ry Gavln Love Company Nufflber 05139596 Charity Number 1106007 Reglsiered Offlce F1031F104 Upper Pendrill Court, Ermlne Street North. Papworth Everard. C?mbrid8eshire C823 3UY Independent EximSnef TC CH Llmited 4 Office Villa8e, Cygnet Park. Forder Way, Peterborgu8h, PE7 8GX Danktrs Charitie5 Aid Foundation Bank Ltd. 25 King5 Hill Avenue, Kings Hill. West Mallins, Kent. ME19 4JQ Cambridge & Counties Bènk. Charnwood Court, 58 New Walk, Leicester, LEI 6TE Hampshire Trust 8ank 80 Fenchurth Street, London. EC3M 48Y Company number 05139596 Charity number 1106(107 REPORT OFTHE TRUSTEES (INCORPORATINGTHE DIRECTORS, REPORT) The Trustees present their report and Ihe financial statements for the year ended 31 March 2025. The Trustees. who are also Directors of Home-start Cambridgeshire for the purposes of company law and who served during the year and up to the date of this report, are set out on page1. Structure, Governan¢e and Manag•rnent Home-start Cambridgeshire is a charilable company limited by guarantee. The companywas established in 2004 under a Memorandum of Association, which established its objects and powers of the charitable company and is governed under its Articles ofAssociation. In the event of the company beingwound up, members are required to contribute an amount not exceeding£1 each. Recrultment and AppoSntm•nt of the Board of Trusteos All Trustees have been appointed based on their particular skills and experience to enhance the expertise of the Board and having an interest in the welfare of children and the voluntary sector. Trustee Inductlon and Training Trustees receive induction training wlthin the scheme. All Trustees are encouraged to attend training courses run by the national office of Home-start UK and other relevant agencies. Organisational Structurè The governance ofthe company Is vested inthe Board of Trustees whlch meets regularly throughout the year through full Board meetings. Assigned sub-committees for finance & fundraising and safeguarding also meet iegularly during the year. . The scheme operates wlthin the Standards and methods of practice ofthe Home-start UK or8anisatlon and h8s signed up to the Home-start Agieement, Policy and Practice Guidance and QualityAssur8nce system. Risk Review The Trustees have reviewed the risks to the scheme on a continuing ba8ls and have established systems and controls to mitigate those risks. Home-St8rt UK operates 8 national Quality Assurance programme. Home-start Cambridgeshire 18 normally audited once every four years and the last audit was completed in early 2024. Home-start Cambridgeshire achieved full accreditation. In particular, positive mention was given to the systems and proce55e5 in place, $8feguarding of families and the governance & leadership of the charity. The Trustees have used the Charity Governance Code for Small Charities to review the performance of the Board 8nd to recommend measures to further improve Board perform8nce. The areas included in the code are reviewed regularly by the Board on an ongoing basis. The Board ofTrustees has esiablished policies and practices which the Trustees expect allstaff and volunteers to oonsider and adhere to when engaging in any activity on behalf of Home-start Cambridgeshire. Aims 8nd Oblectlves of Home-St8rt Cambridgeghire Home-start believes that children need a happy and secure childhood and that parents play the key role in giving their children a good start in life and heipingthem to achieve their full potential. Each Home-start scheme is an independenl voluntary organisation which works towards the increased confidence and independence of the family by: Offering support guidance and practical assistance. Visitingf8milies in their own homes, where the dignity 8nd identity of each individual can be respected 8nd protected Reassuring parents that difficulties in bringing up children are not unusual and encouraging enjoyment in family lile. Developing 8 relationship with the family in which tlme can be shared and understanding can be developed. the approach Is flexibte to take account of different needs, Encouraging the parents, strengths and emotionalwell-beingfor the ultimate benefit of their own children. Encouragingfamilles to widen their network of relalionships and lo use effectively the support and services available within the community. In addition to home-visiting, providingfamily groups. remote support and addition81 services to famitie8- respondlngto locallsed need. Performance and A¢hlevements Durlng 2024-25, we have continued to support families across the county, and to maintain and develop links with olher charities and agencies. In the year, our successes include.. Improving the lives of 171 familles through hom8-VlSlting and group work, remoie support. staff support and parent-child relationship therapy services. Delivering four volunteer preparation courses and recruitlng 29 new volunteers to support our workwith families. Supporting98 volunteers through regular supervision and on-goingtr8ining (e.g. early 18ngu8ge development. school readiness prep£r81ion and 38feguardlng) Securing fundingto deliver our Big Hopes Big FutUTe Project which focuses on supporting families 10 8chi8ve a happy and successful start to school life. We would like to thank Tha National Lottery Reaching Communitie5 Fund for supportingthis three- year project. Raising an additional £195,000 above our previously committed funding forth8 ch8rity ye8r. mostlythrough grants from trusts & foundations and individual or business donations, as shown in the notes to the accounts. Securing several multi-year grants to enable the charity to look forward. We value famllyvisiting volunteers, contributions, not onlyforthe time they give each week to support families but the wide and diverse skills and experience they bringto the team. We ai8 gr8tefultO Ihe 98 volunteers who supported ourfamilies during 2024-25 and to Ih05e who helped in other ways, including those who have been trustees of Home-start Cambridgeshire during the year. Pippa Goodhart, children's author, has been Patfon of Home-startcambridgeshire since 2014. We are extremely gratefulfor Pippa's ongoing support and promotion ofthe charity in the community and at events, in particular her involvement with our read-a-thon activities. TheTrustees metfor 6 regular Board meetings Isome in person and the remainder online) during 2024-25 which were also attended byseniorst8ff. Trustees also engaged extensively with staff and fellow Trustees during the year outside of these formal meetings. Publ1¢ Benellt Statement The scheme provides a service to families with young children. living in Cambridgeshire. Home- visiting volunteers provide support to parents and children in the families. homes during diff icult period in their lives. Such support and inteNention are provided overthe short to medium term. encouraging self-rellance, independence and the development of coping mechanisms for the longer ierm. Families may need support as a result of a variety of issues, including mental health issues: post-natal illness: disability: isolation; multiple births; recovery from domestic abuse; orwhere there is a child considered to be'in need" in the family. Home-visiting support 18 normally provlded for two hours per week by mutual 8rrangement wlth individual families. We also support families using remote facilities, having a scheduled phone or video c811 once per week. Additionally, we offer support totamilies with weekly groups. where children and parents can interact with peers and benefit from advice sessions on, for example, healthy eating, debt management, returning tothe workplace and school readiness. We have also Continued our Emotional Foundations Project (generouslyfunded by The Evelyn Trust), which delivers parent-child relationship therapy for families. complementingour suile of available support optlons. Referral to the scheme for support may result from needs identified by a health visitor, social worker. Children's Centre staff, GP, other professionals or the parent themselves. Nocharge is made for the seNice. which is available to all eligible families regardless of their f inancial me8ns. Referrals are accepted by the scheme subject to availability of staff and family support volunteers and if the family is considered to be in need ol this type of support. During the year. we continued to operate the more restricted criteria for accepting referrals, as introduced last year. This has enabled us to manage our resources effectively¥ focusingon the greatest n8ed and availability ofvolunteers. The Trustees do not considerthal any detriment or harm arise8 frorn carrying out its aims, nor is it perceived that others con8ider there to be any detrimental effeci on families as a result of the servlce provision. On the contrary, those families assisted, and external organisatlons have stated that they value the scheme's presence in the local area and the benefits derived by parents and children involved. Financial Review The company h8d 8 net deficit of £405 {2024- deficit £6.249) in this financial year which has been deducted from reserves. The financlal statements show the categorised sources of income. which in the year under review included the first instalments of multi-year grants from The National Lottery and the Henry Smith Foundation. fundingfrom local authorities of £11,484 to support specific projects, and donations from many othertrusts, foundations, businesses and individuals. The Trustees would like to thank all supporters who contributed to the significant fundraising achievemenls in the charityyear, which en8bled family support dellvery to be maintained. Costs mainly consist of staff and property costs, which are largely predictable. Cash flow budgets for 2025-26 show that our secured funding and reserves, together with further fundraising successes in the new financial year, are expected to be suflicient to maintain, and consider growth of our operations. Investment Policy The company's current investment policy isto deposit funds in short-term interest-bearing accounts with UK banks. Flnanclal Re3eThe$ Pollcy The Trustees have ex8mined the requirement for free unrestricted reserves 8nd consider that, given the nature ofthe Charity's work and the potential exposures to loss of funding from key providers, they should aim to ensure sufficientworking capital to cover six months. staff ing and offlGe costs, potential r.edundsncy cosls and Gommitted office lease costs. The amount needed to meet this was circa £180.000 at 31 March 2025 {2024-£173.000). The increase relates to an increase in operational costs Includlng higher staff costs and printer lease. Unrestricted reserves were approximately £27,000 belowthis level 8t 31 March 2025. Reserves are below target levels. however the fundraising iargets tor the new finoncial year mean this is likely to be recovered to target levels. Statement of Trustees, Responsibllltles The Trustees Iwho are also the dlrectors of the company for company law purposes) are responsible for prepartngthe Trustees. Annual Report and the financial statements in accordance with applicable law and United Kingdom generally 8ccepted accounting practice. Company law requires the directors to prepare financial statements for each financial year period lor which a true and falr view of the st8te of aff airs of the company and of the proflt or loss of ihe companyfor th8t perlod. In preparing these financial statements the diTectors are required to: Select suitable accounting policies end then apply them consistently; Observe the methods and principles in the Charities Statement of Recommended Practice; Make judgements and estimates that are reasonable and prudent; State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in Ihe fin8ncial statements. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping proper accounting records which disclose with ieasonable accuracy at anytime the financial position of the Company and enable them to ensure that the financial statemenis complywith the Companies Act 2006. They are also responsible for safeguarding the assets ofthe company and hencefortaking reasonable steps forthe prevention and deteclion offraud and other irregularities. These financial statements have been prepared in accordance with Accounting and Reportlng by Charities- Statement of Recornmended Practice 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 2015), with FRS102 and with the requirements of the Companies Act 2006. During the year the company made no political or charitable contributions. Post Balance Sheet events There were no post balance sheet events to report. Small Company Provisions The above report has been prepared in accordance with the special provisions of Part 15 ofthe Comparbies Act 2006 relating to small companies. Slgned on behalf of the Board of Trustees: 1111212025 Aaron Venables, Chair of the Board of Trustees and Dlrector Approved by the Board Report of the Independent Examiner Home-stsrt Cambridgeshire We report on the financial slatefflenls for the year ended 31 March 2025. which are sel oul on pages 810 14 of the Flnancial ReporL Thls report 1$ made solely lo the Trustees in accordance wllh Section 4313) {al of Ihe Ch8dtle$ Act 2011. Our work has been undèrtaken so that we might slate lo the Trustees those matters whi¢h we are required lo slat6 Io Ihem in an independenl examinels report and for no other purpose. To the fullest extenl perfflitted by law. we do nol accepl or assum8 responsibility lo anyone oiher Ihan the Trustoes for our wort(, for thls report, or for the oplnions we hèv• lormed. R•sp•ctlvo rèsponslbllltlos of the Trustoos and èxaminor A5 descdbed on page 5 the ChaTiVs Twslees ala rèsponslble for Ihe pr•parallon of the accounls.. you conslder Ihal the audll requirements of Secllon 144 {2) of tho Chafltt•g Aci 2011 (th• 2011 Act) do not appty and that an Independent examlnatson Is needed. 11 is our responsibility to.. 1. oxamlne the accounts under S14S of the 2011 Act. 2. follow the procedures laid down in the general Diredions glven by the Charity Comm15sloner undgr S145 {51 b ol the 2011 A¢1. 3. stsle whelhei particular m8tt•rs have come to our attentlon. Bail$ ol Indep•ndgnt examln¢v's report Our examinalion was carrigd out in oG¢ordanrk wilh Ihe Gefteral Oireclions given by the Charity Comm15sioners. An examlnatlon Includes a r•vi•w of th• accountlng rocords kèpl by the Charfty and a Compa￿SOn of the accounts. presented wllh Ihose fecord8. 11 also Includ8$ ¢on$ld•ralKJn of any unusual ilams or disclosures in the accounts. and seeking explanallons from you as Trustees conceming any such matters. The procedures undertaken ¢Jo nol provide all the evidence that would be required in an audit, and con5èquenlty we do nol express an audit opinicn on the vlew given by the accounts. Independent examlnerfs statem•nt In connection wilh our examination, no malter has come to our att•ntipn which glves us reasonable cause lo believe that in any malarial respect Ihe ￿qUIrements.. - lo keep accounllng reGord5 In accordanc0 wlth Secllon 130 of lh• 2011 Act., and - to prepare accounts which accord with the accounlln9 records and lo comply with lh• accounting requirements of the Act have not bo8n m8t', or lo whlch. in our opinion, attention should be drawn in order lo enable a proper understanding ol the acGoun15 lo be reached. Dale.. li For and on behalf of TC CH Lirnited 4 Office Village Pelerborough, PE7 8GX HOME-START CAMBRIDGESHIRE STATEMENT OF FINANCIAL AFFAIRS FOR THE YEAR-ENDED 31 MARCH 2025 Unrestricted Restricted Funds Funds TOTAL 202412025 TOTAL 202312024 Notes Income and endowments from: Fundraisin8 and donations Statutory fundtng and 8rants Investment and other Income Total Income 7.00 7.00 7.00 137,573 87,382 11,484 224.955 11,484 5.252 241,691 218,664 10,484 6.521 235.669 5,252 142,825 98,866 Expendlture on: Raising funds Charitable activitie5 Governance costs 6.00 6.00 6.00 2.721 144,834 930 148,485 2.721 238,445 930 242,096 920 220.960 860 222,740 93,611 93.611 Net income/(expendlture) Transfers between funds Other recognised 8ains/(losses) {5,660) 5.255 (405) 12.928 Exceptional item (19,177) Net movement In funds 15.660) 5.255 (405) (6,249) Reconciliation of funds Total funds brought forward Total funds carrled forward 158,705 153,045 11,210 16,465 169.915 169,510 176,164 169,915 HOME-START CAMBRIDGESHIRE BALANCE SHEET AT 31ST MARCH 2025 Notes 2025 2024 Fixed A55ets Tan8ible a55ets 43 507 43 507 Current Assets Cash at bank and in hand Debtors and prepayments 196,162 13,229 209,391 168,541 11,841 180,382 Creditors: arnounts falllng due wlthln one year 39,924 10,974 N•1 Current Assets 169,467 169,408 Net A￿etS 169,510 169,915 Represented by Funds: Unrestricted funds 153,045 158,705 Restricted funds 16,465 169,510 11,210 169,915 The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year-ended 31 March 2025. The members have not required the company io obtain an audit of Ils financial statements for the year ended 31 March 2025 in accordance with section 476 of the Companies Act 2006. The directors atkrnowledge thelr responslbllity for al ensuring that the company keeps accounting records whlch cornply with Sertions 386 and 387 ofthe Companies Act 2006 and b) preparing financial statements which give a true and falr view of the state of affairs of the companv at the end of each financial year and of its profit or loss for each financial year In accordance wlth the reovirernents of Sections 394 and 395 and which otherwise Comply with the requirements of the Companies Act 2016 relating to financial statements. 50 far as applicable to the company. These accounts have been prepared in accordance with the provisions in Part 15 of the Companles Act 2016 appllcable to companies subject to the small companies regime. The financial staternents were approved for issue by the board and were signed on its behalf by: Date.. 1111212025 Aaron Venables (Chairl 10 HOME-START CAMBRIDGESHIRE NOTES TO THE ACCOUNT5 AT 31 MARCH 2025 l Accounting poll¢les la Basis pf preparation The financial statements have been prepared in accordance with Accounting and Reporting by charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordonce wlth the Financial Reporting Standard applicable in the UK and Republic of lieland IFRS 1021 leffectlve l January 20151, with FRS 102 and with the requiremen15 of the Cornpanie5 Act 2006. Home-start Cambrldgeshlre meets the definition of a public benefit entlty under FRS102. Assets and liabilities are initially recognised at hi5torlcal cost transaction value unless othen4vise stated In the relevant accountin8 pollcy notes. Ib Le8al status ol the Charity The charity Is a Company limlted by guarantee and has no Share capltal. In the event of the charlty beln8 wound up, the liablllty of the charlty 15 limited to £1 per member of the charity. Ic lTh¢ome Grants and donatlons are Included when receivable unles5 there are lrnposed pre-condltlon5 on the use of the funds or the Income is for a luture accounting period. Any 8rants Of donatlons received for a particular purpose are allocated to restricted funds. Contributions from meetin8s and fees are included when receivable. Contributions earmarked for a partlcular purpose are allocated to restricted fund5. Income from Gift Aid is recognised when clalmed. Investment income is included when receivable. No amount is included In the financial statements for volvnteer time. Other income15 recognlsed as it is recelved. Id Resources expended All expenditure is accounted for on an acciuals ba515 and has been classified under headlngs that aggregate all costs related to that category. Expenditurets recognised where there is a legal or constructive obligation to make payments to thlrd parties, It Is probable that the settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is char8ed as an expense against the aciivily for which expenditure arose. Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recSpient Is notrfied of the grar*i, as this glves rise to reasonable expectation that the receipient will receive the grant. Where grants are condltional relatin8 to performance then the srant Is only accrued when any unfilled ¢ondllions are outside the control of the charity. le Debtors and credit¢rs recelv3blelpayable withln one year Debtors and credllors with no stated interest rate and receivable or payable within one year are recorded at transactlon prlce. Any losses arising from impairment are recognised in expenditure. If Operating lease. Amounts due under operatln8 leases: Due withln I yr >lyr to 5yrs 10,377 36,180 46,557 10,377 Amount expensed during the year 11 12 Fund accounting Unresticted fund5 are available to be used for any of the charitable objects at the discretion of the 8oard of Trustee5. Des18nated fund5 are Set aside by the trustees out of unrestri¢ted funds for specifi purposes or projects. Restricted funds can only be used for particular purposes within the objective5 of the charity as specified by the donor or by the terms of the appeal for funds. Ih Golng con¢ern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have consi(lered the level of funds held and the expecied level ol expenditure for 12 months from auihorisinB these financlal statements. The budgeted income and expenditure 15 sufficient with the level of reser¥es for the charity to be able to contintse as a goin8 concern. li Volunteers and donated ser¥ices The value of services provided by volunteers is not Incorporated into these finand•l statements. 11 Depreclalion Deprecljtion is provided on fixed assets Ot rates calculated to wrlte of the cost ol the a55et, less residual value. on 3 straight.line basis ovef its expected useful Ilfe, as follows.. Offlce and computer equlpment- over 3 years Ik P•nslon Ilabllltl•s The employer operates a defined contribution scheme. In general, members pay 4% of their Pensionable Income and company pay 6% of member5, Pensionable Income into Indivldual penslon accounts. 11 Taxation The 4 142,825 8 Statement of funds: Restritted lunds A5at31 Mar-24 Incomln& resources Out80ing resources Asat31 Transfers Mar-25 The Natlonal Lottery Comrnunlty Fund Carnbrldgeshlre Communlty Foundatlon Cheshire Community Foundation Ltd Britford Bridge Trust Homestart UK Cambrldge City Council The Pixel Fund South Cambrfdgeshlre Dlstrltt Councll Ely Community Trust Huntingdon Freeman's Trust The Forre5ter Family Trust KFC Youth Foundatlon John Huntlngdon's Charity Girton Town Charity John Lewls Partnership MV Kelly Eastern Countles Region Carnbridge Central Aid Society The Alton Famlly 26,79S 13,875 11,579 10,0 10.000 6,000 5,684 5,484 4,OlXI 26.553 13.760 4.503 6,250 io,ooo 6.000 3.427 5.484 4.000 3,720 3,700 2,500 1,167 1,500 223 242 115 7.076 3,750 2.2S7 3.720 3.700 2.500 2,333 1,166 1,500 625 684 120 20 1.457 1.859 120 20 11,210 98,866 93,611 16,465 General lund 158.705 142,825 148,485 153,045 Total funds 169,915 241,691 242,096 169.510 9 Trustee remuneration and relaled party transartlons No member of the Board of Trustees received any remuneratlon durlng the perlod. Travel and subsistence costs amountlnB to É3701£423 - 20241 were accounted for to members of the Board of Trustees. of which £110 were donated back to the Charity in the year. No trustee or other person related to the charity had any personal Interest In any contract or transaction entered into by the charity during the period. 14 10 Staff costs and numbers 2025 2024 Gross salaries Sotlal security costs Penslon costs 161.935 6,565 8,770 177,270 149,603 5.734 6,010 161,347 The avera8e number of staff employed by the charity In the year wa5 12.112 - 2024) No employee received emolumenls of more than £60,000 in the perlod. 15