." REGISTERED CHARITY NUMBER: 1107413
REGISTERED COMPANY NUMBER: 052393221England and Wales)
REPORTOFTHETRUSTEES AND
UNAUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
.HOME-START SOUTHWARK
Accountability Europe Limited
Omnibus Workspace
3941 North Road
London
N7 9DP
Wll
*ADGBLKLM*
2111112024
COMPANIES HOUSE
A20

ME-START SOUTHWARK
coNrENTS OF THÉ FINANCIAL STATEMENTS
R THÉ YEAR ENDED 31 MARCH 2024
Page
Reportof the Trustees
Independent Examlner's Report
Statement of Flnanclal Artlvltles
Balance Sheet
Notesto the Flnanclal Statements
10-19

ME-START SOLIThWARK
REPORT OF THE TRUSTE
RTHE
R ENDED
IMAR
H 2024
The trustees who are also directors of the charlty for the purposes of the Companies Art 21X)6, present their report with
the flnancial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of
Accountln8 and Reporting by Charltles- Statement of Recommended Practice appllcable to charities preparing thelr
accounts in accordance wlth the Flnancial Reporting Standard applScable In the UK and Republic of Ireland {FRS 1021
leffertive l January 20191.
OBJECTIVES AND AcnviTIES
Objertlves and alms
a) 'EaYllest Interventlon., Reduce the level of statutory Interyentlon for babies. chlldren & famille5 In Southwark and
Lew55ham.
b) Community Impact: Greater soclal and economlc well-bein8 for people In Southwark and Lewisham through
learnin& vocatlonal and volunteerin8 OPPOrtullitles.
cl Sustainabllbty: Sustaln an effertive home.ba5ed family support servlce In Southwark and LewSsham.
Sl8nlflcant •ctlvltle5
Home-start Southwark Is an Independent, voluntary organlsatlon whlch work5 towards the Increased confldence and
independence of the famlly through providing Individualised home-visltlng sUPPOrt to families wlth children under 5,
dellvered by peer volunteers and expert famlly support workers. Home-Start Southwark provldes comprehensive
tralftln8 and support to local volunteers. who dellver the home-vlsltln8 servlce.
Some of the actlvities we provlde Include..
support and professlonal frlendshlp In the home to help reduce ly)latlon of f•mllles and encoura8e them to
ccess activltles and services;
Information and encouragement regardlng healthy Ibfestyles to Increase the physical and emotional well-belng
of familles,.
structured learnln8 through play and posltlve parenting sesslons In the home to 8et chlldren and parents readv
for nurseryand xhool:
practlcal support and 8uldance needed at the perlnatal stage to help lay a vltal, soclal and emotlonal foundation
for the chlld. buildin8 happièr, healthier Ilves and enabling them to achleve thelr full potentlal:
help to address families. economic welfare andlor inadequate housing issues;
support and encouragement for famllies to address personal Issues that can have a negatlve effect on thelr
chlldren's development by accesslng outslde support such as mental health. substance mlsuse. domestlc vlolence
agencies:
practl¢al support wlth a¢¢ess to allévlate food and fuel poverty.
Publlc benefft
The Trustees confirm that they have ￿ferred to the Charity Commi551on's general 8uidance on publlc benefit when
viewlng our objectives and actlvltie5 and In plannin8 future activities. It is thejudgement of the Trustees that aciivities
tft pursuit of the above objectives fully meet the publlc benefit test. whith they have kept in mlnd when planning
pro8rammes for the charlty.

HOME-START SO
THWA
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE
Charlt•ble ?rtlvltie5
Slnce It was founded in 1995, Home-start Southwark has supported 3,529 families with at least one child undef five
vears or expecting a baby and recruited community volunteers to provide home support. From 2020, we began
supporting famllles In the London Borough of Lewlsham, alongside our long-standing work in the London Borough of
Southwark.
In 2023-24, 85 (including 21 newly tralnedl volunteers and 5 Family Support Workers supported a total of 153 families
nd 306 children. These famllles have recel¥ed 6-12 months of weekly homfrvlsltlng 5UPPOrt from 3 volunteer or staff
member. alongside one or more of the following activities..
Bump to Babe Iperlnatal SUp￿rt for pregnant women and famllles wlth babies under l year I
Flnanclal Wellbelng (support with budgeting. maximlsing Income and reducing stress around moneyl
Big Hopes 8lg Futures Ischooll nursery readiness support for children 18 months+l
Being Together Ilnteractive activities to support child development and parent-child ￿lationshIps)
Making it Real (literary and communlcatlon sUPPOrt for 34 year oldsl- from Jan 2024 onward5.
As a resuh of our serlice, the majority of our families achieved multiple outcomes and, in many Instances, achleved
outcomes th•t were not 0ri8inally identified at assessment. In 2023-24. outcome5 for families supported were:
82.9% of parents were more able to acce55 universal se￿ceS and attend appolntments.
70.8% of Children improved their attendance of positive activitiÈs.
72.3% of familie5 were less isolated
72.5% of parents Increased thelr self-esteem and felt rnore confident and re5111ent.
79.4% of parents ￿ported less stress and a￿uMentS withln the home.
75% of parent5 who have retently expeflen¢ed domestic obuse felt better able to cope wbth Its Impact
85.7% of famllles with multiple chlldren felt better able to balance thelr needs.
81.8% of parents said their parentin8 skills had improved and they were better able to support their children.
54.8% of pa￿rtts felt better able to mana8e thelr physb¢al health Of Ilve a healthler Ilfestyle
74.5% of parents felt better able to manage their mental health
57.1% of famllles wlth s￿la1 ca￿ Involvement elther stepped down thelr level of Intervention or felt more able to
engage In thelr CIN/ CP plans.
59.1% of parents learned skllls to support them to manage thelr finances
SO% of families said they were more able to manage their finances
67.6% of parents felt less stressed about money.
61% of famllles wlth hou51ng problems felt thelr sltuatlons Improved,
44.4% of parents who were worried about their employment status felt more ready for work or study
73.5% of parents reported their child's development or behaviour improved.
80.8% of parents became more Involved In thelr chlldlren's development and learnlng.
75% of parents felt their relationshlp with their child/ren improved.
62.9% of families felt more able to manage the home environment: that it was cleaner. more comfortable or
better able to meet thelr needs.
88.9% of parents felt more able to manage thelr chlldlren's physical health needs or that thelr family was
adoptlng a healthler lifestyle.
93.3% of parents felt better able to manage thelr chlldlren's emotions or comfort them when they We￿ upset.
79.2% of parents felt more able to keep their children safe from accidents or people that We￿ a risk to them.
In addition, of famllles recelvlng Bump to Babe support:
• 80% of parents felt better connected to their babies
• 83.3% of parents felt more confident In playing and interacting with their babies
91.7% of parents felt rnore able to make confident decisions about their bab￿$ care.
Our projects are co-dellvered by local cornmunity volunteers, and It is essential that they receive high quality trainin8
and support. During 2023-24. we had 85 active volunteers each supporting at least one famlly for slx months or longer.

HOME-STA
RÉPORT OF THE TRUSTEES
FOR THE YEAR ENDEO 31 MARCH 2024
Our volunteers received ongoing support. and we continued their professional development through an ongolng
tralnln8 programme. This year we ofFered training In Speech and Language Therapy, Autism training. Being Together,
Domestic Abuse. Flnanclal Wellbelng.
Aims and Objectives:
To develop a 5 year strate8lc plan for Home-start Southwark, Invol¥in8 famllles who use our seNlces, our
volunteers, staff and local partnefs, to ensure our vislon, mission, val￿$ and actlvltles èfe clear and alSgned wlth
the needs of the communlty we serve.
To develop and embed our commitment to EOI and antl-rac15m, ensurln8 that thls Is reflected In our artlvltles wFth
a clear accountsble workplan.
To continue to ensure our famlly support staff and volunteers are fully skllled and supported in meetlnB the needs
of famllles in Increasin8ly complex sltuatlons In Ilne wlth safeguardln8 requlfements.
For our 8rowln8 work in Lewlsham to be reflected In re-launchln8 our name as Home-start Southwark & Lewlsham.
To diversify 5U5tainable fundlng sources - statutory, 8rants, donatlons. corporate.sponsorships, fundln8 In kind
through community relatlonshlps- enabllng long-term security of dellvery.
To raise our profile to enhance volunteer recruStment, appropriate referrals, and donations, and better express the
impart of our wor
Actlvltles- we wlll g¢hleve these alms and objettlves bv:
Sharlng an away day and serles of workshops to Include the Board, staff, volunteers and famllles and partners to
inform our strategic plan.
Re.establlshing an ÉDI tasklorce to lead our work-plan •nd hold It to account.
A training and skills audit for famlty sUPPOrt staff and volunteers, including consultation.
A revlew of cllnlcal and case supervision provlslons to ensure these a￿ best meeting the needs of the team to
support families sèlely whlle malntainlng thelr own well-being.
Review our 8overnlng documents to enable us to change our name and area of benefit and ensure that these
documents reflect best practlce In 8overnan¢e.
To revlew our fundraislng strategy In order to best prioritlse our fundraislng efforts
For the Fundraising sub-group to meet regularly wtth a widened and focu5 their efforts on fundralslng throu8h
events, donations. sponsorships etc.
For the Senlor Leadership Team to develop our offerl ask of local corporates to ensure we are creating as optimum
opportunlty for engagement le8. corporatel expert volunteering. payroll givlng, Sponsorship, events, donaiions
etcl.
To develop our soclal medla actlvlty to 8row our onllne presence and ensure the messaglng reflects our actlvlty.
To plan and dellver promotlon and celebratlon of our 30 anniversary in 2025.
To continue to attend and contribute to local and national multi-agency forums and work5tream5 relating to family
5UPPOrt and early years development. to ensure the profile of Home-start Southwark is raised and the voice of
famS1ies supported 15 heard.
Home-start Southwarvs trustees have deternilned the future plans and directlon of the charity along51de the Senlor
leadershlp and wlder team of staff and volunteers In the context of socieLIl and organlsatlonal change. Our consultètion
and dirert work wlth families show5 US that children's ènd parents. needs are becoming increasingly multl-dimensional
and complex over time, wlth support Services increasingly stretched. The funding environment Is increa5inglv
challenging and competitive. Our plans above reflect this learning and context and we wlll continue to listen to our
community and allocate effort and resource5 accordingly.

HOME-5TART SOUTHWARK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDEO 31 MARCH 2024
FINANCIAL REVIEW
Financial positi¢)ft
Details of Home.Start Southwark'5 revenue and expenditure for the year under revlew and the previous year are shown
on page 8 of the Financial Statements.
We are pleased to report the Home-start Southwark 2023-24 results. Our total fundin8 for the year was £337.695. a
decrease of 25.8% compared to prior year. and our'total resources expended. for the year was £385,458, a decrease of
3.3%. Resultant 'net expenditure, for the year was £47.763 decreasing fund balances carried forward as of 31 March
2024 to £228,689.
Grants
Our key grants this year Included funding from the following charitable orEanisations-
The Ellzabeth & Prlnce Zalger Trust
2,000
The Henry Smith Charity
54.700
The Peter Stebblngs Chorlty
10,000
BBC- Children In Need
10.000
The Bi8 Lottery Fund
98,043
United St Saviours Charlty
30.000
Peter Minet Trust
15,000
Southwark Councll
40,(MYJ
Lewlsham Council
20,IJOO
The London Community Foundat5on
Havln8 recognlsed the value of our servlce offerlng5. the powerful Impact of our work on our Communlty and our future
ambition. Home-start Southwark has been successful In 5ecurln8 funding from a number of these charltable
or8an15atlons through their formal bld procosses on more than one occaslon. As a Trustee body and Management
committee we are extremely 8rateful for this level of reco8nltlon and continued support. Thank you.
In addition to these grants. we are hugely grateful to our generous benefactors Jnd prlvate Indlvldual donors who
r￿QgnIsed the on80in8 Importance of our work and continue to support us.
Despite the ongoing support of existlng donors, the funding cycle perpetuates and one of our key priorities remalns to
seek to secure new and replacement funding whilst also maintaining close control of our expenditure. New and
placement fundlng is ￿qUired to cover both our existlng project dellvery and core costs such that we can contlnue to
provlde high quality tralnlng to our volunteers and exceptlonal seThice dellvery to the famllle5 in our communlty in need
of our support as well as in order for us to meet our buslness plan goals and secure our long-term future.
Openlng funds balance.. £276,449; Closlng Funds Balance.. £228,689.
Reserves pollcv
The Management Committee has a8reed a fomial polky on reserves whlch requlre that;
ReseNe5 are malntalned at a level of whlch ensure5 that Home-siart Southwèrk has sufflclent resource5 to
contlnue its core activlty lon a 5hort-term basis) in the event of unforeseen circumstances such a5 a reductlon or
cessatlon of fundlng.
b)
The trustees have reviewed the charity's need for a reserve and agree the appropriate level.
This will be In line wlth the annual review of thls pollcy. latest le8lslative requlrement5 and best prattice advke
by the Charlty Commlsslon and Home-Start UK.
The level of reserves in thls fund at 31 March 2024 was £81,80012022123: £81,800}.

HOME.START SOUTHWARK
REPORT OF THE TRUSTEES
FOR TH
YEAR ENDED 31 MARCH 2024
sTrucruRE. GOVER14ANCE AIID MANAGEMENT
Governlng d0￿Me"nt
Home-start Southwark was incorporated as a Company limited by guarantee on 23rd September; 2004 Icompany
Number 52393221- The company Is ￿gIstered as a Charity with the Charlty Commisslon Iregistratlon number 11074131.
The chadty was estsblished in 1995 and was previously ogistered with the Charity Commission under the re8lstrètion
number 1048969,
The Trustees meet quarterly to ensure the tompliance wlth the Memofandum and Articles and the policies iii Hoff*-
Start Southwark. The day-to-day operation wlthin the pollcles, forward plan and budgets are delesated to the CEO and
the Operations Mana8er.
Underthe Memorandum & Articles of Association the Trustees appolnt the offlcers of the charlty Ichalr an(1 Treasurer).
The Trustees accordln8 to the Articles of Assoclatlon are elected èt the Annual General Meetlngs. The Trustees may c¢>
opt any person duly qualified to be appointed as a Trustee and that person wlll hold office until the next AGM.
REFERENCE AND ADMINISTRATIVE D￿AlL$
Re8lstered Company number
05239322 (England and Wales)
Reglstered Charity number
1107413
Rellstered offlce
Canopi
7.14 Great Dover Street
London
SEI 4YR
Trustees
O O Adeoye lappointed 3111120231
A P Baddeley Ireslined 3111120231
C Cary Iresigned 3111120231
N S Doble
A P Gardlner {res18ned 1214120231
CDGKing
J Lusby lappolnted 151212024)
S McGee Ire51gned 3111120231
S Messenger (resigned 3111120231
C E Moxon
T Popova
R E Vemezza
C Vela5co Lopez {appointed 3111120231
A A Willlams- Chair
l M Evans- T￿as￿rer (reslgned from the role 1210712024)
C•mpany S•cr•tary
K K Hajduk
Independefit Examlner
Accountabillty Europe Limited
Omnibus Workspace
3941 North Road
London
N7 gDD

MOME-START
UTHWARK
REPORT OF THE TRUSTEES
FOR THE YEAR ÉNDED 31 MARCH 2024
Bankers
CAF Bank Ltd
25 Klngs Hlll Avenue
King5 Hill
West Malling
Kent
ME19 4JQ
Appro
d of trusiees on
23.ILol2DZ.Y...
and sl8ned on its behalf by:
Concepcion
Lopei - Tw5tee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTE
HOME-START 50UTHWARK
SOF
FOR THE YEAR ENDED 31 MARCH 2024
I report to the trustees on my examination of the accounts of The Home-Start Southwark for the year ended
31 Marth 2024.
RESPONSIBILMES AND 8ASIS OF REPORT
As the charity's trustees of the Cofflpany (and also Its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordan￿ with the requirements of the Companie5 Act
20061'the 21x16 ACVI.
Having satlsfied myself thatthe accounts of the Companyare not requlred to be audlted under Part 16 of the
2006Art and are eligible forindependent examination, I report in respertof myexamlnation of your charlty's
accounts as carried out under sertion 145 of the Charities Act 2011 {'the 2011 ACYI. In carryin8 Out my
examinatlon I have followed the Dlrectlons given by the Charity Commission under seLtion 145151 {bl of the
2011 Act.
INDEPENDENT EXAMINEWS sfATEMENT
Since the Company's 8r05s income exceeded £250,01)O, I confirm that l am qualified to undertake the
examlnatlon because l am a member of the ICAEW, which Is one of the listed bodles.
I have completed my examination. I confirm that no matters have come to my attention in connertion wlth
the examination glving me cause to belleve:
accountin8 records were not kept in respect of the Company as required by sertion 386 of the 2006 Act;
2. the accounts do not accord with those records; or
3. theaccounts do not complywith the accounting requirements ofsection 396 of the 2006 Act otherthan
any requirement 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 prepared in accordance with the methods and principles of the Statement
of Recommended Prattice for accounting and reportln8 by charities applicable to charitles preparlng
their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021.
I have no concerns and have come acr055 no other matters in connection wtth the examlnatlon to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Aamer Shehzad FCA
Accountability Europe Ltd
Omnibus Workspace
3941 North Road
London N7 9DP
Date:
11
Lg

HOME￿TART SOUTHWARK
Statement of financial activities (incorporating an inccxne and expenditure acu>unt)
For the
r ended 31 Ma￿h 2024
2024
Totsl Unrestricted
2023
Total
Unrn•trlctsd R•8tr4¢ted
R6slri¢tèd
Not•
Income from:
L)onats'on$ and lega¢ie$
Charitable activities
33.358
15,524
48.882
266,243 288.243
570
61,102
281,351
61.102
22.Ch)O
112.014 393,365
Investment In￿M0
570
Tolal Incomo
55.928
281.767 337.695
342,897
112.014
454.911
Exp•nditur• on:
Charitable activitie$
113,377
272,081
38S,458
296,692
101.948 398,640
Totsl oxp•ndltur•
Nfrt incom*1 {expenditurn) for
the year
113.377
272,081 385,458
296,692
101,948 398,640
157,449)
9.686 147,763)
46,205
10.066
56,271
Tfansfers behveen funds
N•t movement In Ivnd•
1S
157A49
9,686 147,7631
46,205
10,066
56.271
R•conciliation ol funds:
Totsl funds brought fO￿ard
26S,483
10,966 276,449
219.278
900 220.178
Total lund8 carriod fonvanl
208,034
20,652 228.686
265,483
10,966 276,449
All of the above results are derived from cont5nuing activities.
There were no other recognised gain5 or1088e8 Other than those staled above.

HOME4TART SOUTHWARK
Balance sh•et
Company no. 05239322
AS at 31 March 2024
Unre8tr1cted
funds
Re8trfcted 2024 Tolal
funds
funds
2023 Total
funds
Flxed a88ets:
Tangible assets
11
570
570
Current ass•ts:
Debtors
Cash at bank and in hand
12
8,212
207,314
8,212
272.314
33.132
324.065
65,000
215.526
65,000
280,626
357,197
Llabilitl••:
Creditors: amounts falling due
wrthin oné year
13
17,492
144,348)
151,840)
{81.318)
Net current a888t8
208,034
20,652
228.686
275.879
Tot•1 not as8•ts
208,034
20,6S2
228.686
276.449
The funds of th• ¢haiity:
Restricted funds
Unrestricted funds:
General funds
13
20,6S2
20,662
10.966
208.034
208,034
265,483
Totsl charlty fund•
208.034
20,6S2
228,688
276.449
For Ihe year ended 31 March 2024 the charltable company was entitled to exemplion under section 477 of the
Companies Act 2008 relating to small companies.
No members have required the company to obtain an audit of Its accounts for the year in question in accordance
wilh secllon 476 of the Companies Act 2008.
The directors acknowledge their responsibilities for complying with the requirments of the Companies Act 2006 wilh
respect to accountlng records and preparation of accounts.
The financial statements have been prepared in accordance with the special provisions applicable lo companies
subject to the small companies regime.
Approved by the trustees on L 3
and signed on Iheir behalf by:
Concepcio
The attached notes fomi part of the financial ststeménts.

HOME4TART SOUTHWARK
Notes to the financial statements
For the
ear ended 31 March 2024
1 Accounting polici•s
Statutory inforniation
Hofftrstart Southwath is a charitable company limited by guarantee and is incorporated in England and Wales. The
re9iSterod offi¢0 address is 7-14 Great Dovor Street Lt)ndon SE14YR.
Basis of pwep•ratit>n
The finan￿81 statements have been prepared in accordance wtth Accounting and Reporting by Charitres.. Statement of
ReCom￿nded Pract¢c£ applicable to charrties preparing their accounts in accordance wrth the Financial RepO￿"n9
Standard applicable in the UK and Republi¢ of Ireland IFRS 102) - (Charities SORP FRS 1021. the Financial
Reporting Standard applicabl8 in the UK and Republic of Ireland {FRS 102) and the CoMp8n￿8 Act 2006.
Public benefft enlity
The charitable company meels the definition ol a publi¢ bonefrt entity undor FRS 102.
Golng concern
The INslees ConS￿er that there are no material Un￿rtaInlieS about the chafitable company's ability to continue as a
90ing ¢onc¢m. The tntste85 do not conslder that Ihere aro any sourcas of e$tim8tion uncertainty at th• reportiftg dat&
that have a significant risk of causing a rnalerial adjustment to the carying 8mounts of assets and Iiabilrt¢es within the
next reportlw period.
In¢om•
Incom8 is recognised when the charity has entitlement lo the funds. any performanr* conditions attached to t
Income have been met. tt 1$ probable that the incom8 will be ￿1ved and that the amount can be rr￿asured reliably.
Income from governThnt and other grants. whether 'capital' grants or'revenue. grants. is re¢¢wJnised when the chanty
h88 entitlement lo the funds, any p8rformane* ¢oftditions attached lo the grants have bean m&t. it18 probable thal the
In¢om¢ will be received and the amount Can be measured reliabty and 1$ not deferred.
In¢orn receNed in advance of the provision of a specified seTrice is doferred until the Griteria for Ir￿)mO recognition
Oonation8 of glft8, 8ervlces and fa¢ilitio8
Donated professional Jervi¢•$ ond donated facilities are rgcognised as income when the charrty h&s control over the
Item or reGerved the servlrA, any Gondilions associated with the donation have been met. the receipt of economic
benefrt from the use by the charity of the rtem is probable and that economic benefit can be ffwasured reliably. In
8CCQTdance with the Charilie¥ SORP IFRS 102}, volunitsr tim• is not r•cognised so rnf8r to tho Iru8tees' annual
report lor more information about their contribution.
Inl•rn•t r•¢•lvab
Interest on funds h8kl on deposlt18 Induded when receivabl8 and tho amount can ba measured r•ll•bly by the charity:
this is nonnally upon notrfication of the interest Paid or payable by the bank.
Fund accounllng
Reslricted funds are to be used for specific purposes as lakd down by the donor. Expandi￿re ￿lch meets th8S8
crileria 1$ ¢harged to the fund.
Unrestricted funds are donation$ and other In¢omlng resour￿ received or generated for the ¢harllable purpo￿.
Exp•nditur•
Expenditure is recognoed once thore is a legal or construG*ve obltgation to make a payment to a third party, it is
probable th8t settlement will be required and the amount of tho obligation be measured reliably. Expenditure on
charitable aclivits'es indudes th8 costs of providing legal advi￿ and 4$$i81an¢e undertaken to further Iho purposes of
the charity and their associated support costs.
Tangibh flx•d as•ets
Itoms ol equipment afe capitalised where the purchase pric• exceeds £500. Depreciati￿ is prov¢ded at rates
calculated to write down the cost of ea¢h asset to its estimated residual value over its eypecled useful life. The
depreciation rate¥ in use are as follows..
Computer equipment 33% on cost for 3 years
10

HOME-START SOUTHWARK
Notes to the financial ststsmenis
For the
ear ended 31 March 2024
l A¢counting policies (¢onlinuedl
Allocation of support ¢ost•
Resources expended are allocated to the particular activity whore the cost relates dlredly to thal activty. However.
the cost of overall direth'on and administrats.on of each activty, comprising the salary and overhead ￿$t5 of the
central 1￿ction, is apportioned on appropri*e basi$.
Ca•h at bank and in hand
Cash at bank and cash in hand includes cash and short tenn highly liquid investments with a short malurity of three
month$ or less from the date ol ac4ui$ition or opening of the deposit or similar account. Cash balances excludè any
fund8 hetd on behalf ol $8Thice users.
Cfèdltovl and provl8lon•
Creditorn are recogni$ed where the charrty h86 a present obligation resultin9 from a past ovenl Ihal will probably r•$utt
in the transfer of funds to a third party and the amount due to settle the oblwation can be w*asured OT estimatod
Yeliabty. Creditors are nomialty recognised al their settlemènt amount after allowing for any Irade discounls due.
The chorlty only has flnandal assets and flnancial Ilabilllies ol a kind that qualify as basic financial Instnjmenls. Basic
financial instruffents are initially recognised al transadion value and subsequently measured at their settlement value
wrth the exception of bank loans whieh are subsequently rnasured al omorti8ed ¢ost u8Sn9 the effè¢tive interest
method.
Taxatlon
The Chafty 1$ c4nslderod to pa88 th• tests 88t out In Paragraph 1 Sch•dule 6 Finance Act 2010 and theiefore it
meets the definition of a ¢haritable Company lor UK Corporation lax purposes. A¢wrdingty the Charity
polentialty exempt from taxation in respect of income or capitsl gains I￿1Ved wthin categories ¢overed by
hapler 3 Part 11 Corporation Tax Act 2010 or Sectton 256 of Ihe Taxation of Chargeable Gains Act 1992. to the
extent that Such income or g•in$ are applied exdusively to ch8Trtable purp08•S.
Pen8ion costs and oth•r po8t4•lir•m•nt boneflts
Homtrslart Soulhwart( path'cipo19s in the Pansion Trust Th• Gr￿h Plan (the "sch•m&"), a employer
8¢heme which provides benefits 10 60m8 950 non-as80cialed partiejpating employers. The schemo 1$ a defined
benefrt scheme in the UK. It is not possible for Home-slart Southwark to obtain sufficient information to enabl8 rt to
accounts for the 8them8 as 8 defined benefit ￿herne. Thereforè. it a¢¢knunts for the scheme as a defined
¢onlrlbulion 8¢hem•.
The scheme is subject to the funding legislation outlined in the Pensions Acl 2004 which came into force on 30
December 2005. Thls, together wrth document5 issued by the P¢n8ion$ Regulator and Technical Actuarial
Standards Issued by the Flnancial Reporting Council, sei out the fTam6work lor funding defined beI￿rIt
occupab'onal pension schemes in the UIL
Tho scheme is classified as a 'l85t-man Standing arrangeThnf. Therefore. the company is potenlialty liablo for
other participaling employers. Ob1￿JationS rf those employers are unable to meet their share of the scheme doficil
following wrttHlrawal from the scheme. Participating employers are legalty required to meet Iheir shares ol the
schème deficit on an annuty purchase basis on wilhdrawal frMI the $ch•m•.
ease see note 16 for further disdosures Telating lo the schern8.

HOME4TART SOUTHWARK
Notes to the financlal statements
For the
ar ended 31 March 2024
2 Income from donations and Legacles
2024
Total
2023
Total
Unreslricted
Restricted
Donations
Gift Aid
Oiher Income
29,506
852
3.000
15.524
45,030
852
3,000
48,882
55,512
470
5,120
61.102
Donations received, Included in the above, are as follows..
2024
Tolal
2023
Total
Marquesado Ltd
T Colclough
Private donatsons and online giving
Charitses Trust
15,624
1.660
27,946
42.197
1,540
9,675
2.100
55.512
4S,030
3 In¢ome fvvm chafllablo acOvltlo8
2024
Totsl
2023
Total
Unrestricted
Restricted
Chanlable activitie8
22.000
268.243
288.243
393,365
Total income from Charilable adivities
22.000
266.243
288,243
393.365
Grants ￿e£l¥ed, induded in the above, are as lollow8:
2024
Total
2023
Total
Unrestricted
Restricted
The Elizabeth & Printx Zaiger Trust
The Henry Smith Charity
The Peter Stebbings Chanty
BBC - Children In Need
The Big Lottery Fund
United St Saviours Charity
Peter Minet Trust
Art>uthnots
Other grants < £2.000
Impact On Urban Health
Garfield Weston
Soulhwath Council
Good Agency
Home Start UK
Lewisham Council
The London Communty Foundaliori
Community Southwark
Improving Health Ltd
2,000
2,000
64,700
10,000
10,000
98,043
30,000
15.000
2,000
93.900
10,000
10.500
127.596
43,853
30.000
6.250
620
9.146
20.000
25,000
3,000
11,500
$4,700
10,000
10,000
98,043
30,000
15,000
500
500
40.000
40,000
20,000
20.000
5.000
2,000
1,000
288.243
5.000
2,000
1.000
266.243
22,000
393.365
4 Income from Investments
2024
Totsl
2023
Total
Unreslricted
Restricted
Interest In￿me
570
670
670
670
444
12

HOME4TART SOUTHWARK
Notes to the flnanclal statements
For the
ear ended 31 March 2024
5 Anatysis of expenditure
Cost of Charltablo
ralslng funds
a¢tlvitles
Support
2024
Total
2023
Total
Slaff costs (Note 7)
Administrative Cosl
Independent examination
Deweriatlon
326,500
57,488
326,500
$7,488
900
S70
329.818
65.423
2,500
899
900
570
383,988
1.470
385,458
398,640
Support costs allocation
1,470
(1,470)
Total ex￿ndItur0 2024
385,458
385,458
398,640
Of the total expenditure. £113,377 was unrestricted (2023.. £296,692) and £272.081 was restricted {2023'.
£101.958).
Anaty818 of expendlturn- prlor yoar
Cost of
ralslng funds
Charttoble
actlvltlgs
Support
cos1$
2023
Total
Staff costs {Note n
Administrative Cost
Independent examination.
Depreciatlon
329,818
65,423
329,818
65,423
2,500
899
398,640
2,500
899
3,399
(3,399)
395,241
3,399
Support costs allocation
Totsl expenditure 2023
398,840
398.640
13

HOME4TART SOUTHWARK
Notos to th financial ststements
For the
ear ended 31 March 2024
Net incomel (expenditure) for tho y•ar
Th18 is ststed after charging i txedrting:
2024
2023
Independent examiner fee (Excl VATI
Oepreciation
760
570
2.500
899
An•ty81• of •t•ff oo•ts. tru•tee rgmun•rallon and •xP•n￿*.
and th• cost of koy m•na9•m•nt ￿￿OnTr•I
Staff ¢osts wwe as follows..
2024
2023
Salaries and wages
Social security ¢o$t8
Employerfs conlribulion lo defined conlrlbution pension schemes
297.036
22,739
6,T25
297.698
25,526
6,594
326,600
329,818
No employee &amed nKtre than £60.000 during tho year12023.' nill.
The tolal employee benefits including pension contributions and employer Nl o)ntribution of the key
management personnel w&ie £57,121. (2023.. £59,482).
The charity trustees weve not paid or received any other benefts irom eMployn￿l with the Charity in the year
12023.. £nil). No ¢haflty tru$te6 ree*i¥ed payment for professional or other 68niiees supplied to tha charity
(2023.. £nill.
Staff
The average numb8T d employe89 (head Munt ba88d on number of staff employed) during the year was a¥
follows:
2024
No.
2023
Average staff
10
10
R•lat•d party IranMclion8
There ar• no r¢l8ted paty If8n$a¢tlons to di8¢lose lor the year12023'. non•).
L•gal •tstu• of tho ¢￿rIty
The chwty is a company limited by gu•ranteo and has no share ¢apltsl.
10 Taxatlon
The charitsble company is exempt from corporation tax a$ al its income is charitable and 15 applied for
haritable purposes.
14

OME4TART SOUTHWARK
Notes to tho financlal $tatwn•nts
For the
oar ended 31 March 2024
11 Tangible fix•d assets
Computer
equipmenl
Tolal
Cost
Al the start of the year
At th• •nd of th• y•ar
Deprgciatlon
At the stsrt of the yaar
Charge for tho year
At th• •nd of th• y••r
2,$57
2.6S7
2,5S7
1.987
S70
2,657
670
2,567
N•t book value
At the end of th• y••r
Al the start of th¢ year
12 D•btorg
2024
2023
Other debtors
Prep8ymént8 arKI Accrued Incom•
3,990
4,222
29,142
8,212
33.132
13 cr￿{torS. amounts falllng du• withln on• year
2024
2023
Social security and other tsxes
Other ¢￿dItOrS
Defined benefrt penslon contrlbutions
Deferred incor
Ac¢rued expenses
1,8J7
239
1,625
545
75.000
4,148
6,396
61,840
81,318
Deferred income Comprises of grants received in advaneA for the nexl year,
14 An•1￿10 of n•t a•sets b•twoen fund• l¢urrent y￿r
General
unrestricted Restriclod
Total
funds
Tan9ibl? fwed assets
Net currenl assets
208.034
20,652
228,686
N•t as86t8 at th• end of lh• y•ar
208,034
20.652
228,686
15

HOME4TART SOUTHWARK
Notes to the financial slatsments
For the
ear ended 31 March 2024
Anatygls of net a88ets between funds Iprior year)
General
unrestricted Restricted
Totsl.
funds
Tangib￿ fixed assets
Net ¢urrent assets
570
264.913
570
275,879
10,966
Net assets at Ihe end of th8 year
265,483
10.966
276,449
15 Movem•nts in fund8 (currnnt y••r)
At the start
of the year
At the end
of the year
Income Expenditure Transfe
Restricted funth '
BBC-Chiidren in need
Big Lottery Fund
Henry Smith Charity
Home Start UK
southwa￿ Council
Impact On Urban Health
USS Grant
Lewisham Council
Marquesado Ltd
Improving H881th Lld
Communty Southw8rk
The Peter Sleb￿.n9s Char
Total rn•trl¢t•d fund•
10,IY)O
98,043
54.7(K)
{10.000)
{97.391)
143,1511
{2.515)
140.000>
(500>
130,0001
120.0001
115.S24>
{1,000)
{2.000)
(10.000)
272,081
652
20.000
8,451
2,515
40,000
500
30,000
20,000
15.524
1,000
2,000
10.IxIO
281767
20,652
Unre8trlctsd fund•:
General funds
Designated Contingency furKI
ToLIl unrostrict•d funds
183.883
81.800
265,483
55.928
{113.377)
128,234
81,800
208.034
55,928
Tolal funds
276.449
337,695
385.458
228.686
Movem•nt8 In funtjs (prior ytrafl
Al the 8tart
of the year
At the end
of the year
In¢<xn• Exwnditure
Transfers
Reslricted funds
BBC-Children in n••d
Big Lottèry Fund
Henry Smith Charity
Pears
Home Start UK
Good Agency
Soulhwath Council
Impact On Urban Health
Marquesado Ltd
Glasspool
Total re$lri¢ted funds
10,51))
10,000
33,900
110,5001
{10.0001
(25,4491
(900)
(8,985>
{3.000}
125.000>
(9,1461
{8.3481
620
8.451
900
11,500
3,000
25,000
9,146
2,515
112.014
101,948
10,966
Unrestricted funds:
General funds
Designated Contingon¢y furKI
Total unrestricted fuThls
137,478
81.800
219,278
342,897
<296.692)
183.683
81,800
265,483
342,897
296.692
Totsl furKIs
220.178
454,911
(398.640)
276.449
16

HOME4TART SOUTfrIWARK
Notes to the flnaftclal Statements
For tho
ar •ndod 31 March 2024
Th• purpom of •ach r••trlet•d lund was a8 lollows..
Southw•th Councll - to provide early support to families oxperiencing a wide rango of dfficulties such as
Isolation, low selfesteem. mental health issues and a need for improved parentsng $kills.' to engage ￿th
farnilies living in Southwark who have been negatively affected by the pandemic.. lo consult with them to
identify new or eseal•ling Challonys they are faclng and work out what we can put in place to botter mt
these needs.
Impa¢t on Urban H••lth - to or9anis8 Outdoor summer activities for local famllies furthering thé purposes of
health services, securing improvement in the physical and mental health.
Honry Smith - multyear grant.. Contribution towords o)re co$1, support IBmilie8 at homes.
Tlw National Lottory Communty Fund- mulb'yaar grant.. Conlribution towards eore c4)81, support fam111￿ at
homes.
Unltsd st 8*vlour•- multiyear gr•nl,' Contribution towards corn cost. wpport f•mili•s al homos.
Partn•r4hlp Southwark- social prescribing funding.
Improvlng Health Ltd to help improve immuni$8tion rates by Iden￿tying rf lamilies need support with
accessin9 health servi(%8 and supporting them in overcoming the barriers.
southwa￿ Councll (REAL progrnmme)- to support families in Southwark with children preschool age wilh
'Making ft Rft•f Home Learning Provision.
88C CIN- Conlribulion towards staffing Costs ol an existin9 Lewisham Family Support Coordinalcr.
P•tsr St•bblng• Charlty- Contributs'on8 toward core co8t8. 3UPPOrting famllios at homes.
L•wl•hirn Council - lo delivèr t8rg8ted parenting $upport in the homo envlfonmonl, to train and support
local parents to become volunlears, lo inte9rate the seNice into the Lewisham Family Hubs and Early Help
partnership.
16. Emplo￿ B•n•fft Obllgatloft8
The company partiwates in the s¢hern?, a mulli4mploy•r scheme which provides beneflts to soff
638 non-associated participatsng employers. The scheme 1$ a defined ￿neffi scheme in the UK. It is not
possible for the company lo obtain suffi¢*nt information to enablo it to account for the sthema a$ a definod
benefrt scheme. Therefor8 it a¢¢ounts for the scheme as 8 defined contribution sch8rne.
The Scheme is subject to the lunding legislation outlined in the Pensions Act 2004 which came into force on
30 December 2005. This, together with documenls issued by the Pensions Regulator and Technical
Actuarlal Standards i86ued by the Financial Reporting Couniil, sot out the framèwork lor funding
defined bénefrt occupational pension schemes in the UK.
The s¢hème 1$ dassified as a 'lasl.man standin9 arrangement,. T￿refOre the company is potentialty li8ble
for other partiapating employers, obligations rf those employers are unable lo ff*et their share ol the scheme
deficit following withdrawal Irom the scheme. pa￿.￿patIng employers are *ally required to meet their
share of the scheff* deficit on an annuity pur¢hase basi3 on withdrawal from Ihe scheme.Participating
employers are Jegally required lo me81 their share of the scheme deficst on an annuity purchase basis on
withdrawal Irom Ihe scheme.
A full actuarial valuation for the scheme was carried out at 30 September 2020. This valuation showed assèts
of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminale this fundin9 shortlall, tho
Trustee has asked the parb'ripating employers to pay additional ¢ontribulions to the as follows..
Deficft Contrlbution8
From 1 April 2022 to 31 January 2025.. £3.312.000 per annum
(payabl8 monthly)
Unless a concession has been agreed with the Tr￿le? the term to 31 January 2025 applies.
17

HOME-START SOUTHWARK
Notes to tho finaneial 8tat•m•nts
For the
ear ended 31 March 2024
Note that the schem's previous valuation was carried out with an effective date of 30 September 2017.Thi$
valuation showed assets of £794.9m, liabilities of £926.4m and a deficit of £131.5m. To eliminate this funding
shortfall. the Trustee asked the partI￿pating employers to pay additional ¢onlributions to the scheme as
lollow$'
Deficit Contributio
Fiom 1 April 2019 to 30 September 2025.. £11,243,000 per annum (Payable monthly and incraasing by 3%
each on Isl April)
The rec¥)very plan contributions are allocated lo eath participating employ•r in line wlth Iholr estimated Share
of the Senes 1 and Sertes 2 scherne liabilibes.
Whern the s¢heff* is in defipit and where the rAxnp8ny has agreed to a deficit funding arrangement the
company recogni5es 8 liability lor this obligallon. Th8 amount recognised is the nel present value of the
deficit reduction contributions payable under the agreement that relates to the deficrt. The present value is
alculated using the discount rate detailed in these di5c105ures. The unwirKling of the discount rale is
reco9nised as a financ* c08t.
PRRESENT VALUES OF PROVISION
31 March 31 March
20241£8}
2023l£s)
31 March
2022(£s1
Present value of
rDvision
255
545
855
RECONCIUATION OF OPENING AND CLOSING PROVISIONS
P•rlod Endlng P•rlod Endlng
31 March
31 March
2024
2023
1£$)
1£$)
545
855
Provision at start of
riod
Unwindin
of the discount faclor
interest e
en8e
21
16
Dèf¢cit contribution
id
{3111
1311}
Remaasurements - im
act of an
chan
e in assum lions
(151
Remeasuremenls - amendments lo the contrlbution schedule
Provision at end of
Tiod
255
545
INCOME AND EXPENDITURE IMPACT
P•rtod Ending Period Ending
31 March
31 March
2024
2023
£$
£8
Interest e
nse
21
16
Rem8asuTemenls- irn
tofan
than
8 in 8¥8um
liong
(151
Remeasuremenl$- amendments to the contribution schedule
Contribution6
aid in r86
ect of future service.
Costs
nised in income and e
Ddit￿￿ a￿)Unt
"indudes defined contribution schemes and future service wntributr.ons li.e. exduding any deficit reduction
payments) lo defined benefit schem&s which are treated as defined contribution sCheTr￿. To be Completed
by the company.
18

HOME4TART SOUTHWARK
Notes to tho finan¢lal statements
For the
oar end￿ 31 March 2024
ASSUMPTIONS
31 March
2024
%per
31 March
2023
%per
31 March
2022
%per
..Rate ol discoynt
5.31
5.52
2.35
The discount rates shown above are th• equlvalent 8lngl8 discount rates vthich, when Used to discount tho
future recovery plan contributions due, would give the same results as using a full A4 corporate bond vield
curye to discA)unt the sam& ffj¢overy plan contribution
19