OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Home-Start Haringey, Hackney and Waltham Forest

2025-03-31-accounts

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD

(A Company Limited by Guarantee) No: 05130957

REGISTERED CHARITY NUMBER 1107409

FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee)

Contents

Page
Company Information 3
Trustees Report 4 to 8
Independent Examiner's
Report 9 to 10
Statement of Financial
Activities 11
Balance Sheet 12
Notes to the Accounts 13 to 18

2

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Company Information

Directors and Trustees: - Lydia Lezama (Chair)
Sue Cairncross (To 1/9/2024)
Elizabeth Ennin-Gyasi (To 14/9/2024)
Lisza Rosaria Iannucci (To 1/9/2024)
Nana-Kwame Amponsah
Joanne Alice Gibbons (To 15/10/2024)
Iris Kotei
Sandeep Bandesha (To 30/7/2024) )
Stephanie Joann Leslie (To 1/9/2024)
Heather Dawn Mitchell (Appointed 1/9/2024)
Alyson Parker (Appointed 14/9/2024)
Verona Pullar (Appointed 1/9/2024)
Company Secretary: Joanne Alice Gibbons ( To 15/10/2024)
Lydia Lezama (From 15/10/2024)
Director of Operations - Fatmata Bah
Company Number - 05130957
Registered Office - 100 Tower Gardens Road
Tottenham
London, N17 7QA
Independent Examiner - Stanley Francis-Joseph FCCA
Anthony Joseph & Co. Limited
Chartered Certified Accountants
Business & Technology Centre
Bessemer Drive
Stevenage
Herts. SG1 2DX
Bankers - Lloyds TSB
PO Box 1000
Andover
BX1 1LT
Website -www.home-start-haringey.org

3

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Directors' and Trustees' Report for the year ended 31 March 2025

The Management Board (who are also the trustees and directors) present their report and the financial statements of the charitable company for the year ended 31[st] March 2025

Structure, Governance and Management

The charity is constituted as a company limited by guarantee and is therefore governed by the Memorandum and Articles of Association and its Constitution. The trustees are appointed to the board via recommendation to the charity and having the requisite skill sets to enable the charity to further its objectives. All potential Trustees are confirmed with 2 satisfactory references and DBS check. All trustees are required to access Home-Start UK new trustees training. Where required, further training may be sought for the trustees. The Management Board has continued to have Virtual meetings via Zoom regularly, on a rotational day basis, to accommodate the needs of as many members as possible, as most trustees are full time employed.

The membership of the board had changed during the period being reviewed. The organisation continues to operate three sub-committees. These are Personnel & Recruitment, Policy and Finance & Funding. All three sub-committees have met virtually on a regular basis and their activities are reported to the Board. The Policy sub-committee is now focussed on a monthly review on all organisational policies and procedures, including adoption of all mandatory safeguarding policies and all related risk assessment implementation. The Funding and Finance sub-committee has ensured required funding is in place to take the service into 2025.

Fatmata Bah was the Director of Operations for some of the reporting period (she went on sabbatical in July 2023), and Lindsey Nghandu took on the role of Scheme Manager.

Objectives and Activities

The objects of the charity are to safeguard, protect and preserve the good health, both mental and physical of children and parents of children, to prevent cruelty to or maltreatment of children, to relieve sickness, poverty and need amongst children and parents of children, and to promote the education of the public in better standards of childcare.

The trustees have referred to the Charity Commission's general guidance on public benefit when reviewing Home-Start Haringey, Hackney and Waltham Forest’s aims and objectives

Aims of the charity

HSHH and WF offers support, friendship and practical help to children, young people and families living in Haringey, Hackney and Waltham Forest. Home-Start offers a unique service, recruiting and training volunteers who are usually parents themselves, to visit families at home offering informal, friendly and confidential support. To help to give children the best possible start in life. HSHH and WF supports parents as they grow in confidence, strengthen their relationships with their children and widen their links with the local community, as well as enhancing the life chances of volunteers through structured volunteering preparation training, parenting education and experience of providing family support.

4

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Directors' and Trustees' Report for the year ended 31 March 2025

Aims of the charity (continued)

HSHH and WF follows Home-Start UK Standards and Methods of Practice which states that all schemes need to have a carefully planned recruitment and selection procedure for volunteers, in line with Home-Start Equal Opportunities Policy. These procedures include; checking procedures-DBS and two references, all volunteers to attend a course of preparation, 1-1 supervision, procedures of volunteering, training and expenses policies.

Achievements and Performance

Home-Start fulfils the Public Benefit requirements of the Charites Act as its aims are to safeguard, protect and preserve the health of children and their parents, to prevent cruelty to or maltreatment of children, to relieve sickness, poverty and need amongst children and their parents and to promote the education of the public in better standards of childcare. The support given to families is regularly monitored and the monitoring consistently shows the positive effects of our activities, including increased sense of wellbeing and the reduction of emotional difficulties being experienced by families. In this reporting year, HSHH and WF worked with Families dealing with Loneliness and Isolation, mental health issues, impacted by cost-of-living crisis and or were digitally excluded. Families were supported with linking with a volunteer to help them build self-esteem and confidence in themselves and their children.

All Volunteers are interviewed and two references and DBS checks undertaken to comply with safeguarding requirements. Volunteers are trained and assuming all these are satisfactory, matched with appropriate families. Volunteer training currently takes place at the offices we rent from Haringey council and these are fully accessible with a disabled lift and toilets. Volunteer training equips volunteers to provide family support and gives them a portfolio of ongoing training in parenting education, financial capability, sexual health and relationship education and working with domestic abuse survivors.

Accessing the service is free, and has no membership requirement. Referred families have to live within the Boroughs of Haringey, Hackney and Waltham Forest. The scheme does occasionally have to place families on a waiting list to even out the service.

No charges are made to families supported, or resources provided for them through our fundraising or partnership donations. All volunteers are requested to submit forms for the reimbursement of their travel expenses. The needs of our volunteers, some of whom are adversely impacted by cost of living crisis are now actively included in our fundraising efforts.

5

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Directors' and Trustees' Report for the year ended 31 March 2025

Plans for the future

The organisation strives to provide its services as detailed in the objectives paragraph above. However, the provision of the services is dependent on the funding the organisation receives. This, is as the organisation only carries out its activities from the available funding resources.

In the year to 31 March 2026 and taking into account the availability of the funding streams, the Board has taken the decision to cease its activities, in the forthcoming accounting period.

Risk management

Fundraising and safeguarding are standard Board Agenda items. Trustees continue to actively review the major and business risks faced by the scheme and potential for restructuring of the service. Issues and concerns are shared at Board meetings and procedures are in place to ensure concerns are addressed.

Reserves policy

The trustees continue to monitor the levels of reserves and ensure that there is a surplus each year to add on to the reserves brought forward. Activities are reviewed and grants sought to meet the requirements of these activities.

6

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Directors' and Trustees' Report for the year ended 31 March 2025

Transactions and financial position

The trustees continue to strive to look to secure funding whilst at the same time continue to monitor the operational costs to ensure that the standards of the levels of the services are maintained. However as mentioned in the ‘Plans for the future’ paragraph above, taking into account the availability of the funding resources, the Board has taken the decision to cease its operations for the year ended 31 March 2026.

With regards to the accounts for the year ended 31 March 2025, these are to be prepared on a fair value basis taking into consideration the matters mentioned above.

Statement of Trustees' Responsibilities

The trustees (who are also directors for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees must prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give 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.

7

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Directors' and Trustees' Report for the year ended 31 March 2025

Statement of Trustees' Responsibilities (Continued)

In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees confirm that they have properly discharged their responsibilities in accordance with the above.

Approval

This report has been approved in accordance with the provisions to companies entitled to the small companies’ exemption.

This report was approved by the board of directors and trustees on 10[th] March 2026.

Lydia Lezama

Chair

Signed on behalf of the directors

8

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Independent Examiner's Report to the Trustees of Home-Start Haringey, Hackney and Waltham Forest Ltd

I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of Home-Start Haringey, Hackney and Waltham Forest Ltd ('the charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity's trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As trustees of the charitable company, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act')

Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable company's financial statements carried out under section 145 of the Charities Act 2011 ('the 2011 Act) and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the financial statements present a 'true and fair' view and my report is limited to those specific matters set out in the independent examiner's statement.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

9

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Independent Examiner's Report to the Trustees of Home-Start Haringey, Hackney and Waltham Forest Ltd

I have no concerns 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 financial statements to be reached.

S. Francis-Joseph FCCA Anthony Joseph & Co. Limited Chartered Certified Accountants Stevenage Herts. SG1 2 DX

Date: 10[th] March 2026

10

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee)

Statement of Financial Activities For the Year Ended 31[st] March 2025

Notes
Incoming Resources
Incoming resources from
generated funds:
Voluntary Income
2
Investment
Income:
Bank deposit interest
2
Incoming resources from
charitable activities
2
Other incoming resources
2
Total incoming resources
Resources Expended:
Charitable activities
3
Total resources expended
Net Income/(Outgoing) Resources
Balance brought forward at
1st April 2024
Transfers between funds
Balance Carried Forward
7		 Unrestricted Restricted
Total
Total
Funds
Funds
Funds
Funds
2025
2025
2025
2024
£
£
£
£
700
700
4,476
162
162
327
-
45,300
45,300
103,456
483
483
809
1,345
45,300
46,645
109,068
28,693
45,483
74,176
115,477
28,693
45,483
74,176
115,477
(27,348)
(183)
(27,531)
(6,409)
27,877
5,163
33,040
39,449
529
4,980
5,509
33,040

11

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) The notes on pages 13 to 18 form part of these accounts Balance Sheet as at 31[st] March 2025

Notes 2025 2024 2024
£ £ £ £
Fixed Assets
Tangible assets 4 - -
- -
Current Assets
Debtors 5 227 331
Cash at bank and in hand 33,678 58,437
33,905 58,768
Less Creditors: amounts falling due
within one year 6 (28,396) (25,728)
5,509 33,040
Net
Assets		 5,509 33,040
Funds
Unrestricted fund 7 529 27,877
Restricted fund 7 4,980 5,163
Total Funds 7 5,509 33,040

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were authorised by the Trustees on 10[th] March 2026, and were

Signed on their behalf by:

Lydia Lezama (Chair)

The notes on pages 13 to 18 form part of these accounts

12

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee)

Notes to the accounts for the year ended 31 March 2025

1. Accounting Policies

The principal accounting policies adopted in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable to UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP) (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s)

In preparing the financial statements the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102, the restatement of comparative items was required. After due consideration, it was concluded that no restatement of the comparatives was required.

As stated in the Post Balance Sheet note (Note 7) – ‘The Board has reviewed the funding it requires to carry out its objectives. As a result of the limitation in the funding streams, the Board has taken the decision to cease its activities in the year to 31 March 2026. Taking this into consideration, the accounts for the current year is prepared on a fair value basis.’

The charity has taken advantage of the exemption, not to prepare a Statement of Cash Flows as conferred by FRS 102 (September 2015 version) and Bulletin 1.

b) Incoming resources

Voluntary income including donations, gifts and grants that provide core funding or are of a general nature are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Such income is only deferred when:

Investment income is recognised on a receivable basis.

Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions is recognised as earned (as the related goods or services are provided). Grant income included in this category provides funding to support performance activities and is recognised where there is entitlement, which fall into more than one category, costs, including related overhead costs are allocated on the basis of estimated time spent on the various duties.

13

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee)

Notes to the accounts for the year ended 31 March 2025

1. Accounting Policies (cont’d)

c) Resources expended

Resources expended are included in the Statement of Financial Activities on the accruals basis inclusive of VAT which cannot be recovered. Where members of staff carry out duties

d) Tangible assets

Fixed assets are shown at historical cost.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life by the straight-line method:

Office equipment 20% Computer equipment 33%

e) Funds structure

The charity has a number of restricted income funds to account for situations where a donor requires that a donation must be spent on a particular purpose or where funds have been raised for a specific purpose.

All other funds are unrestricted funds.

f) Pensions

The charity operates a defined contribution scheme. Contributions to the scheme are based on applicable pension costs in the organisation taken as a whole. The pension charge recorded in the accounts is the amount of contributions payable in the accounting year.

g) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

h) Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments in deposits or similar accounts.

i) Creditors and provisions

Creditors and provisions 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 party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

14

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee)

Notes to the accounts for the year ended 31 March 2025

2. Grants Receivable and Contractual Income

.Grants Receivable and Contractu al Income
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Donations
General Donations 700 700 4,476
Grants
Boots Charitable Trust 10,000 10,000
Peabody Community Fund 9,674
Home-Start UK 17,875
The Henry Smith Charity 35,300 35,300 53,350
Royal Free Charity 8,097
Awards for All 9,710
Harringay Weight Management 1,750
The Chartered Accountants Livery 3,000
700 45,300 46,000 107,932
Investment Income
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Investment Income 162 0 162 327
Other Incoming Resources
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Other Income 483 - 483 809

15

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee)

Notes to the accounts for the year ended 31 March 2025

3. Resources Expended - Charitable Activities

Provision of Home-Start Services
(Staff Costs)
Provision of Home-Start Services
(Excluding Staff Costs)
Governance Costs (Refer Below)
Governance Costs
Independent Examiners Fee
Accountancy Charges
Trustee Meeting Costs
Legal & Professional Fees
Staff Costs
Wages & Salaries
Social Security
Pension		 Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
11,815
33,053
44,868
92,016
13,573
12,430
26,003
19,626
3,305
3,305
3,835		 Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
11,815
33,053
44,868
92,016
13,573
12,430
26,003
19,626
3,305
3,305
3,835		 Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£
£
£
£
11,815
33,053
44,868
92,016
13,573
12,430
26,003
19,626
3,305
3,305
3,835
28,693 45,483
74,176
115,477
2025
2024
£
£
3,270
3,800
-
0
35
35
3,305
3,835
£
£
39,200
86,761
2,999
1,050
2,669
4,205
44,868
92,016

No employee earned over £60,000 per annum (2024: Nil) The average number of employees, all on specifically funded projects was 2 (2024: 3).The key management personnel of the charity comprise the Trustees. The Trustees are not remunerated. The total employee benefits of the key management personnel of the charity were £17,601 (2023:£48,716).

16

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee)

Notes to the accounts for the year ended 31 March 2025

4.
Fixed Assets
Cost
At 1 April 2024
Additions in year
At 31 March 2024
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book Value 31 March 2025
Net Book Value 31 March 2024
5. Debtors
Other Debtors and Prepayments		 Office
Computer
Equipment
Equipment
Total
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2025
2024
£
£
227
331
227
331		 Office
Computer
Equipment
Equipment
Total
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2025
2024
£
£
227
331
227
331
-
-
-
-
-
-
227
331

17

HOME-START HARINGEY, HACKNEY AND WALTHAM FOREST LTD (A Company limited by guarantee) Notes to the accounts for the year ended 31 March 2025

6. Creditors: Amounts due within one year

Accruals and Other Creditors £
£
28,396
25,728
28,396
25,728

Included in Accruals and Other Creditors is an amount of £24,395 set aside by the Board for costs relating to deferred Rents and Property Maintenance. These amounts have been set aside pending ongoing negotiations between the Board and the landlords.

Tangible Fixed Assets
Current Assets
Current Liabilities
Net Assets at
31 March 2025		 Unrestricted Designated Restricted
Funds
Funds
Funds
Total
£
£
£
£
-
-
8,925
20,000
4,980
33,905
(28,396)
-
(28,396)
(19,470)
20,000
4,980
5,509
-
(19,470)
20,000
4,980
-
5,509

The Designated Fund has been set up to meet specific operational costs. The Unrestricted Funds are for the general use of the organisation. Restricted Funds are funds utilised as specified by the respective funders.

7. Post Balance Sheet Events

The Board has reviewed the funding it requires to carry out its objectives. As a result of the limitation in the funding streams, the Board has taken the decision to cease its activities in the year to 31 March 2026. Taking this into consideration, the accounts for the current year is prepared on a fair value basis.

18