Company registration nurnber.. 05299096 Charity registration number: 1107504 Home-start South Leicestershire (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended i l March 2025 CommuIiity Accounting Plus Units l & 2 North West 41 Talbot Street Nottinu NGI 5GL
Home-start South Leicestershire Contents Reference and Adminlstrative Delails Trustees, Report 2to9 Independent Examine¢s Report 10 Statement of Financial Activities 11 to 12 Balance Sheet 13 Notes to the Financial Statements 14to26
Home-start South Leicestershire Reference and Administrative Details Trustees Judith Ann Hartland. Chair Alison Dyke. Vice Chair Rebecca Rusch. Treasurer Margaret Kallow Keith Leonard Chaffer Darren Carter Sarah Saltinstall Anna Buckle Heather Lendon Nalasha Wirmard Senior Management Stella Renwick. Charity Developmeni Manager Registered Olee 121 Coventry Road Market Harboroug Leicestershire LE16 9BY Company Registration Number 05299096 Charity Registration Number 1107504 Independent Examiner John O'Brien. employee of Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottino NGI 5GL Page I
Home-start South Leicestershire Trustees, Report The trustee5, who are director5 for the PUTPOSe5 of company law. present the annual report together with the financial statements of the charitable company lor the year ended 31 March 2025. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Tnte¢S.. Judith Ann Hartland, Chair Alison Dyke, Vice Chair Rebecca Rusch. Treasurer Margaret Kallow Keith Leonard Chaffer Darren Carter Sarah Saltinstall Anna Buckle Heather Lendon (appointed 2) September 2024) Nala5ha Winv]ard (appointed 19 November 2024) Structure* governance and management Nalure ofgoverning documenl The charity is a company limited by guarantee and registered charity. It is operaled under the rules of its memorandum and articles of association daied 2110812004. It has no share Capital and the liability of each member in the event of w inding-up is limited to £ l. Recruilmenl and appoinlmenl of Iruslees Home-start South Leicestershire has a Truslee Recrnilment Procedure which outlines the process by which Trustees are recruited and appointed. Recruilment is by both adverlisement and recommendation. Selection is conducted after submission of a CV with an accompanying personal statement relating to their motivation for becoming a Trustee with our charity and confinnation of 2 referees who may be contacted if the application is successful at the initial stage. Checks are also made at this stage against the Insolvency Service, Companies House and the Charity Commission for any disqualification records. Additional checks are made of any other charities the applicant declares an involvement '1th. An informal discussion with the Charity Development Manager and Chair 15 the v]ext step. Following this, guest attendance at a Board meeting 15 required. At this 5ta(pe. if the Prospective trustee 15 willing to continue with their application, a decision to accept or decline the application will be made by ihe existing Board members in private. A consensus decision is preferred: but a majority vote may be used. Appointment is then Subject to appropriate DBS check at enhanced level for Working with children, receipt of two suitable references, and completion of ihe Trustee Eligibility Declaraiion. Page 2
Home-start South Leicestershire Trustees, Report Objeclives and activities Objects The fornlal objects of the Charity are: a) to safeguar(L Protect and Preserve the good health, both mentsl and physical of children and parents of children. b) to prevent cruelty to or maltreaiment of children; c) to relieve sickness, poverty and need amongst children and parents of children; d) to promote the education of the public in better standards of child care within the area of Harborough District and its environs. Objectives, slrategies and aclivilies Home-start South Leicestershire is a voluntary organisation committed to promoting the welfare of families with young children. Volunteers and staff work w ith families under stress to offer regular supporL guidance, and practical help, much of which is delivered within families, homes or within the local community. The provision aims to reduce family stress. protect the welfare of childn, and prevent family breakdown. Our main activities include.. . One-tfrone bespoke support for families in the home or community. Specific group5 for parents in difficult circumstances to attend with their pre-school children. Courses for parents to improve their knowledge and strategies within their parenting role. In addition, we recrnit, train and support a large team of volunteers who are central to some of these activities. and provide invaluable additional support to other activities. Public benefil All our services for children and families are delivered free of charge to them, and we follow an outcomes framework incorporated into our Theory of Change model to explain our principles of delivery, and the benefits of our projects and services to enhance the lives of families facing a range of diificulties who live within Harborough District. We also have an established Outcomes Measurement Framework throug which we record and report on how we recognise when these benefits have been achieved. The trustees confirm that they have complied '1th the requirements of section 17 of the Charities Act 201 I to have due regard to the public benefit guidance published b), the Charity Commission for England and Wales.
Home-start South Leicestershire Trustees, Report Chair's Report This year Home-start South Leicestershire (HSSL) has supported 148 families. We have overcome some siLfIcant capacity challenges and changes this year for tnultiple reasons. Fortunately, as ever, our team are adaptable and tenacious. Nicky Bell stepped up during the summer to manage the Family Know-HoM' Project caseload and in September we appointed Emma Pickering as a 'support worker, to help with the Family Know-How Project. Emma particularly focused on the Family Know-Hoiv course and has given superb support with our recent volunteer recruitment. We were able to provide our Family Post Natal Illness Course remotely to some parent5: despite being unable to deliver the full face to face course. In Deceinber we bade farewell to Erika Luca5, Charity Administrator. who retired after 25 year5. We wish her a long and happy retirement. In November we were delighted to appoint Kate Mbariti who ha5 settled brilliantly into this role. This year, the charity has enjoyed several social events. Our 40th AGM in October featured guest speakers with links to HSSL from our early days to the present. and a video, compiled by Erika, showing many Inemorable moments from the last 40 years. In June we held the annual Volunteers, Celebration of Commitment which acknowledges the fantastic work done by them with bespoke gifts for everyone to mark our 40th year. Our thanks were reiterated at the Volunteers, Chrislmas Lunch in December. In July e enjoyed glorious sunshine for our Garden Open Event which marked the completion of the garden re-development project and a chance to celebrate our 40th year. Thanks io those 'hO funded the project and to Naomi Teagles, our Marketing and Communications Assistant. for her fantastic organisation of the day, enabling us to make new corporate and community links. We continued to raise our profile attending local events and giving talks to local groups, hosting Family Practitioners, Networking sessions and working in partnership with primary schools within the Play-Full Families Project. Mention should be made here that we have recently received a 'Multipl}' Aw'ard, from Leicestershire County Council for the Family Know-How Healthy Lifestyles course. which helps familie5 learn how to budget, shop and cook healthy mea15. We have a150 been awarded a number of Self-A5sessment badges by Home-start UK as part of their quality assurance system, with particular praise for the quality of our Family Support. None of this would be possible without Stella, our brilliant staff and volunteers. Financially, we are grateful to all those who fund our work, to Stella Renwick, Charity Manauer and Lizzie Keenan, Fundraising Assisthni. for their application effectiveness. to our Treasurer Rebecca Rusch and Fiiiance Manager Charlotte Sandford for their financial acumen. Thanks also to the Board of Trustees for their support and dedication in ensuring HSSL is in the best position io cary out its work. So, a year of ups and do$ but it is said that overcoming challenges makes you stronger and it seems that HSSL remains in a good position to focus on providing much-valued and effective support for local families when it is needed. Page 4
Home-start South Leicestershire Trustees, Report Our Activities and Service 202425 We continue to receive referrals from health visitors. family practitioners, other agencies, and froin families themselves for our projects: The Family Know-How Project - This project's key aim is to support families with complex needs who need support to undersLand and develop healthy family lifestyles & routines which ensure their children have the best opportunities to thrive physically and emolionally. The Family Post Nalal Illnw Project - This project is focused on those families where there is a suspected or diagnosed Post Natal Illness concern relating to one of the main care givers in the farnily. The Play-Full Families Project - We started our new project. which is funded for an initial 3 year5 from the National Lottery Community Fund in June 2022. The project provides a response. using therapeutic play techniques: to children affected by Adverse Childhood Experiences (ACES) or TM)e 2 Trauma (persistent trauma, or as a result of a series of events or circumsiances. rather than a one-off traumatic incident) within the primary school age range in Harborough District, 'here families need additiov]al help to support their child. Covid-19 Period - Legacy of Alternative Services and Delivery Methods We have continued to retain some of Ihe new developments from the covid-19 restriction periods. This includes a Buddying Service, mai¢hing compaiible families with each other for ongoing peer support. We are also now able to be flexible in iernls of our Family Posi Natal Illness course delivery, accommodatiiig virtual attendance alongside face-tfrface attendance where necessary. So we have retained elements of our 'Connect Toolbox,. especially the following elements.. Goods Deliveries We continued to deliver many esseniial items to families throughout the year from the food banks, the hygiei)e bank, and donations of items including Christmas gifts through Toys on the Table and knitted goods from local organisations. Courses for Parents Within the Family Post Natal Illness course and the Family KnOw-Ho, healthy lifestyles/cooking course the use of the WhatsApp groups developed when the course was remote continues to be well used with families sharing their successes and encouraging each other. Outdoor Groups Some groups sessions take place at outdoor venues on occasion when the weather forecast is promising, which gives families confidence to access the local facilities themselves in future. Buddying Service This service continues to be a useful additional resource where familie5 Wlth SOTnething in corntnon are invited to buddy totrether for meet ups or WhatsApp groups, with sthff involvemeni for the initial period of tiine to ensure the relationship is mulually beneficial. On-line Support and Inforn]ation Our team continued to deliver on-line support primarily through Facebook with activity ideas and sources of support regularly posted. Successful recruitment of a part time Marketing and Communications Assistant at the end of the year has meant that the regularity of these posts has increased. Page 5
Home-start South Leicestershire Trustees, Report Volunteer Involvement There has been a significant level of volunteer involvement 1th1n Home-start South Leicestershire and successful recruitment of an additional 5 volunteers in spring 2024. At the end of 2024-25 we currently have 45 family support volunteers (6 resting). l O Trustee volunieers. and l O additional volunteers in non-family support roles (Friends, Patrons, Charity Support Volunteers). Family support volunteers are those directly involved in supporting the delivery of our services, across all the projects. All volunteers have been recruited Ihrough a selective and vefted process and undertake a comprehensive Course of Preparation training over 8 sessions. We now incorporate the Solihiill Approach Foundation Certificate course (University Hospitals Binningham NHS Foundation Trust) into our Course of Preparation as a requirement. Volunteer supervision sessions were ongoing throu_ghout the year, in accordance with our Home-start UK standards for frequency, and in addilion, we held an event in summer to celebrate and reward volunteers involved - Volunteers, Week '"Celebration of Commitment" (13.06.94). We were also delighted to be able to provide our Volunteer Christmas Lunch on I1.12.24. Volunteers also received a ternily newsletter. An external newsletter has been created for wider supporters. We do not anticipate any significant issues for our organisation in the coming year (2025-?6). We are hopeful of being able to Continue our post-covid provision as we have done throughoui 2024-25 but being able to resort to remote provision if necessary. We retain our two core services of the Family Post Natal Illness Project and the Family Know-How Project, as well as being close to the end of the )-year funding timescale for the Play-Full Families Project, which has proved a very successful addition to OUT work and we await a decision on funding to extend the project period for a further 5 years. Page 6
Home-start South Leicestershire Trustees, Report Financial review Treasurer's Report l am delighted to present my Treasurer's report for Home-start South Leicestershire for the period from 1st April 2024 until ilst March 20?5. anoiher year where HSSL was able to deliver strong results despite a turbulent wider UK economy. Total income of £iO1.007 was secured. after much hard fundraising work and the continued generosity of our donors. Our in¢ome has reduced compared to last year, reflecting the continued restrictions placed upon fundrnising applications and grnnt programmes which in ihe current econoinic environment, continue to be oversubscribed as well as limiting in nature. Our income continues to be made up of a wide range of grants and donations. most notable were grants from The National Lottery Community Fund and Market Harborough & The Bo.denS Charity. Additional support was also received from Harborough District Council and Leicestershire County Council through the Multiply ATh'ard, all of which enabled the continuation of the vital projects in place the 'Farnily Know How, and 'Family Post Natal Illness, projects. as ivell a5 the Play-Full Families project. Additionally, the County Council Household Support Fund has enabled us to directly meet the food and wider essentials costs of families we help, along with generous support from Market Harborough Twenty 12 Lions. We are very grateful for the continued support and generosity from our local community, from our volunteers gifting their time alongside the kindness of those involved in the fundraising and dona-tions which continued to remain high for yet another year. Additional grants came from a wide range of Trusts and Foundations, and we remain grateful for the unsolicited support from The Na Mokulua Charitable Trust, a local family Trust. Generous local support has come from RS Components and Parkers Parts as well as Dorte Kjaerulff Photography for another year running. who hosted "Bump Hour" events by photographing mums-to-be with their bumps raising nearly £1,000. Local groups and organisations to thank this year include Theddingworth Congregational Chapel. and Mark-et Harborough Golf Club. Significant donations from individuals ¢ame from Mr & Mrs Taylor who have repeatedly supported us, and we are always grateful to our regular monthly or one-off donors via our on-line donation route. Additional donations were kindly received in Memoriam for John (Pip) Day. our fornier trustee. As always, we thank all the funders, volunteers and donors for their support to achieve this. Our accounts show a deficit of £10,347 for the year. which is inclusive of depreciation of our assets. This was an expected deficit due to additional expenditure on staff capacity cover for 6 months. Our free (unrestricted) reserves at 31 st March 2025 are just over £ I I 0.000. In 202512026 our budget is currently just over £330,000 due to an anticipated continuation of our PlaJ'_Full Families Project. Excluding this ringfenced cost which is subject to a successful award decision, the reserves reflect our aim of maintaining 6 months, general running costs. Thi5, alongside a number of high value grant5 already secured for 2025126, mean5 we are a secure position at the start of 2025-26 but with more fundraising required ihroughout the j'ear. I would like to take this OPPOrtunity' to thank our Finance Mav]ager. Charlotte Sandford, for her continued dedication to our Charity. l also want to thank Stella Renii'ick. our Charity Manager, and Elizabeth Keenan. our Fundraising Assistant: for their continuing success in ensuring we meet our financial target5. Additionally, thanks to our Marketing and Communications AssisthnL Naomi Teagles, in posi from December 2023, whose work has aided the support we receive from individual donors. Rebecca Rusch, Treasurer Page 7
Home-start South Leicestershire Trustees, Report Policy on re3enYs The Trustees review the charity's need for reserves regularly. in line with guidance issued by the Charity Commission and Home-siart UK. We have agreed ihai funds should be set aside (these are 'free reserves , which exclude both restricted funds that we have been given for a specific purpose. our designated funds and the value of our fixed assets, such as the property we own and our oifice equipment) to cover at least 6 months of future ongoing resources expended, excluding the costs of any short-temi projects. Small companies provision stalemenl This report has been prepared in accordance with the small companies regime under the Companies Act 2006. Page 8
Home-start South Leicestershire Trustees, Report Statement of Responsibilities '[ he trustees Iwho are also the direLlots of I lome-ststt South l.eicestershi for the purwses of company laI4'1 are resp()n%ihle for preparing the iru%iee%' reTKTrrt and Ihe finanLial %tstrmenLS in aLCI)rdanLe iwith appliLahle laii, and United Kingdom Accounting Standards (United Kingdom Generall> .Iciepled Accounting Praclicel. inLluding FRS 102 "The Financial R¢px)rting Siandard appliiable in the IIK and Republic of Ireland" The report and accounts have been prepared in accordance iiith the pn)¥'isions in ihe Lomp2nie£ Act 21111h relaiing to small companies. c.ompany law rcquircs the trustce5 to prcparc linancial staicmcnts t-or cach Iinancial )"ear. Undcr coinpan) la." th¢ tru5te¢s must not approl'c ihc financial statcmcnts unlcs5 thJ" arc satisfied that the). giiwe a truc and fair Vic. of the siale of allairs of ihe ¢haritable ¢ompani" and of the incoming resources and applicaiion of resources: including ils iniome and eKpendilure. of ihe charivdble compan). for ihai period. In pparing these financial statements, the trustees are required to-. select suitable accounting policics and appl!- them consislcntlN' observe the methods and principles in (he Chariiies SORP= make judgements and estimate5 that are reasonable and prudcnt= state whether applicable accountino standards: comprising FRS 102 haN'e been followed: subject to an) material departures disclosed and explained in Ihe financial statements= and prepare the financial stsiements on the going concern basis unless il is inappropriaie to presume ihai the charitable company N%'ill continue in business. Thc trustCC5 arc rcswnsiblc for kccping propcr accounting rccords that can di5closc 7th rcasonablc accurac! at any timc thc financial position of thc charitablc compan!" and cnablc thcm to cnsurc that thc financial statcmcnts compl!, '1th thc Companics Aci 2006. Tho" arc also rcsFK)nsiblc for safcguarding thc asscts of thc charitablc company and hence l-or taking regnable steps for ihe prth'ention and deteL'tion ol-fraud and other irregularities. The trustees are resFrtinsible for the mainienance and integrin. of the corpornte and financial inforn)ation in¥ludcd on the charitable companl's ii'ebsite. Lcgislation ooi'crning th¢ pr¢paration and disscmination of financiic I statements mak. differ from leoislaiion in oiher jurisdictions. 2310912025 'I"hc annual rcport was approi.ed b). the In1¢¢5 of the charilv on .................... and signed on its bchalf bj.: Judith Ann Hartland TrL]siee Pagc 9
Home-start South Leicestershire Independent Examiner's Report to the trustees of Home-start South Leicestershire ('the Company,) Independent exalniner's report to the trustees of Home-start South Leicestershire ('the Company,) I report to the charity trustees on my examinaiion ofthe accounts of the company lor the year ended J l March 2025. Re5ponsibilitie5 and basis of report As the charity's trustees of the Company (and also its directors for the purposes of Company law) you are responsible for the preparation of the accounts in accordance with the requiremenls of the Companies Act 2006 ('the 2006 Act ). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination: I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (-'the 2011 Act,). In carrving out my examination I have follom'ed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's Statement Since the Company's gross income exceeded £?50.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. l confirm that l am qualified lo undertake the examination because l am a member and Fello. of the Association of Charity Independeni Examine. whi¢h is one of the listed bodies. I have completed my examinaiion. I confim) thai no matters have come to my attention in conne¢tion with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Company as required by section )86 of the 2006 Act; or 2. the accounts do not accord with those records- or the accounts do not comply with the accounting requirements of section i96 of the 2006 Act other than any requirement that the accounts give a 'trne and fail 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 Practice for accounting and reporting by charities [applicable to charitles preparing their accounts in accordance with the Financial Reponing Sthndard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawm in thi5 report in order to enable a proper understanding olthe accounts to be reached. John O'Brien MSC, FAIA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners Units l & 2 North West 41 Talbot Street Nottinu NGI 5GL 0611012025 Page 10
Home-start South Leicestershire Statement of Financial Activities for the Year Ended 11 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2025 Total 2024 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 58,506 866 58,506 231,668 2,410 8,423 49,698 287,217 2,019 9,178 230,802 2.410 Total income 70,205 230,802 iO1,007 348,112 Expenditure on: Charitable activities (43,155) (?68.199} (Jl I,)54) (285,709) Total expenditure (4J,155) {?68.199} (311,J54) (285,709) Net incomel(expenditure) Transfers between funds 27,050 (53,528) (J7.397) 53,528 (10,347) 62,403 Net movement in funds (26,478) 16,131 (10,347) 62,403 Reconciliation of funds Total funds brought fonvard 278,922 110,780 J89,702 J27,299 Total funds carried forward 14 252,444 126,911 )79,355 J89,702 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 14. The notes on pages 14 to 26 form an integral part of these financial statements. Pagell
Home-start South Leicestershire Statement of Financial Activities for the Year Ended 11 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These are the figures for the previous accounting period and are included for eomparative purposes Unrestricted Restricted Total funds funds 2024 Note Income and Endowmenls from: Donations and legacies Charitable activities Other trading activities Investment income 49,698 75) 2,019 9.178 49,698 287,217 2,019 9,178 286,464 Total income 61,648 286,464 348,112 Expenditure on: Charitable activities (46,110) (239,599) (285.709) Total expenditure (46,110) (239,599) (285.709) Net income 46,865 Net movement in funds 46.865 Reconciliation of funds Total funds brought fonvard 263,384 63,915 327,299 Total funds carried forward 14 278,922 10,780 389,702 The notes on pages 14 to 26 form an integral part of these financial statements. Page 12
Home-start South Leicestershire (Registration number: 05299096) Balance Sheet as at 31 March 2025 2025 2024 Iyote Fixed assets Tangible assets io 141,383 142,362 Curr¢t assets Debtors 773 2511,445 .667 282,608 Cash at bank and in hand 251.218 284,27) Creditors: Amounts falling due wrfhin one year 13 {13:246) {J6,935) Net current a55ets 2)7.972 247,340 Net assets 379.35) 389.702 Funds of the charity- Restricted illeome funds Restricted tunds 14 126,911 110,780 [lllrestricted income fulld5 Unrestricted funds 252,444 278,922 Total funds 14 379.-355 3%9.7n2 For the financial Vear endino 31 March 2025 the charitv .3$ entiiled io e.¥emplion from audit under se¢lion 477 ot the Companies Act 2006 relating to small companies. Directors, responsibilities: -l-he members have not required the charit). to obtain 2n audit of its accounts for the vear in quesiion in accordance 'ith seclion 476. and Thc dircctor5 acknoii'lcdgc thcir rcsw>n5ibilitlC5 for compl1.ing ii-ith thc rcquirctncnt5 of thc Act with rc5pccI to accounting record5 and thc prcparation of accounts. These tinancial statements have been prepared in accordance H"ith the special prOls1onS relating to companies subjecl to the small companies regime within Part 15 of the Companie5 Act 2006. The tinan¢ial statements on pages I I to 26 Il'e approi'ed b). the iwstees. and authorised for issue on 2310912025 . and signed on their behalf b).: Rebecca Rusch Trustee Thc notcs on pagcs 14 to 26 forni an Ingra1 part uf thcsc financial statcmcnts. Pagc 13
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 l Accounting policie5 Sumtnary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparaiion of these financial statements are set out below. These policies have been con51Stently applied to all the years presente(L unless oiherwise stated. Staten]ent of compliance 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 accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland {FRS 102)) (issued in October 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation Home-start South Leicestershire meets the definilion of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevant accounting policy notes. Going eoncern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees tnake this assessment in respect of a period of one year from the date of approval of the financial statements. Exemption from preparing a cash flow slatelnent Under the exemption available io smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flo.$ ithin the financial statements. Income and endowments Voluntary income including donations. gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with s1¢ient reliability- Donalion5 and legocies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perfomance by the charity before the charity is entiiled to the funds. the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charlty and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfonnance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Page 14
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 Deferred income Deferred income represents amounts received for fuiure periods and is released to incoming resources in the period for 'hich, it has been received. Such income is only deferred when: The donor specifies that the grant or donation must only be used in future accounting periods- or The donor has imposed conditions which must be met before the charity has unconditional entitlement. Inve&lmenÉ income Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Chari¢able aclivilies Charitable expenditure comprises those costs incurred by the charity in the delivery of it5 activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Goi'ernment grants Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grant5 relating to revenue are recognised in income over the period in which Ihe related costs are recognised. Grants relaling to assets are r¢¢ognised over the expected useful life of the asset. Where part of a grnnt relating to an asset is deferred, it is recognised as deferred income. Pensions The charity operate5 a defined contribution pension Scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity, during the year. Taxation The charity 15 considered to pass the tests set out in Paragraph I Schedule 6 01 the Finav]ce Act 2010 and therefore it meeis the definition of a charitable company for UK corporation tsx purposes. Accordingly, the charity is poteniially exempi from taxation in respect of income or capital gains received within categories covered by Chapter i Part I l of the Corporation Tax Act 201 O or Sectioii 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusivel}, to charitable purposes. Tangible fixed assets Individual fixed assets Costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Page 15
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 Depreciation and amortisation Depreciation is calculated so as to MTite off the cost of the asset. less its estimated residual value, over the useful economic life of that asset as follows.. Asset class Land and buildings Depreciation method and rate 2 % per annum on cost ?5O/o per annuin on reducing balance (fully depreciated when NBV falls lo £10 or below) Other langible fixed assets Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary course of business. Trade debtors are recognised initially at the transaciiov] price. They are subsequently measured at amortised cost using the effective interest method. less provision lor impairment. A provi5iov] for the impairment of trade debtors is established 'hen there is objective evidev]ce that the charity will not be able to collect all amounts due according to the original ternis of the receivable5. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-terni highly liquid investmen(s that are readily convertible lo a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not haTre an unconditional right, at the end of the reporting period. to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, thej. are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest meth(Kl. Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objective5 of the charity. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to thai area or purpose. Page 16
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 2 Income from donations and legacie5 Unrestricted funds Designated General Total 2025 Total 2024 Donations and legacies- Donations from companies, trusts and similar proceeds Grants, including capital grantS- Government grants Grants from other charities 13,648 28,483 42,131 26,448 7,000 9,375 7.000 9.375 7.000 16,250 44,8)8 i8.506 49,698 3 Income from charilable aclii'ities Unrestricled funds General Reslricted funds Total 2025 Total 2024 Sales & fees Room hire Sundry receipts Grants and donations 200 200 300 449 lil 2JO,802 2JO,802 286,464 866 2JO,802 2J1,668 287,217 Page 17
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 4 Grants & donations Unrestricted funds Restricted funds Total The National Lottery Community Fund The National Lottery Community Fund - Awards For All Leicestershire County Council Market Harborough & The Bowdens Charity NHS Leicester. Leicester & Rutland ICB- Getting Help in Neighbourhoods Scheme Platforn) Housing Community Chest Wates Family Enterprise Trust The Hedley Foundation Co-op Local Community Fund Hoivard Watson Symin(Fion Memorial Charity Jubilee Foodbank The Rotary Club of Market Harborough Market Harborough Twenty 12 Lions Groundworks UK Harborough District Council Na Mokulua Charitable Trust National Cvrid Community Matiers Fund Home-start UK - Cadent Gas "Centre for Wamlth" Parkers Parts The Mary Robertson Trust RS Group The Maud Elkington Charitable Trust The Alchemy Foundation The Hanley Trust Sundry grants & donations 120,233 120,233 20,000 21,846 30,000 20,000 21,846 30,000 20.000 6.500 5.000 2,500 954 689 500 500 400 20,000 6,925 5,000 2,500 954 5,689 500 500 400 8.680 7,000 5,000 4,848 4,375 2,500 2,000 2,000 1,000 1,000 1,000 15,358 425 5,000 8,680 7,000 5,000 4,848 4,375 2.500 2.000 2,000 1,000 1,000 1,000 13,678 1,680 58,506 230,802 289,308 5 Ineome from other trading activities Unrestricted funds General Total 2024 Total 2024 Local fundraising and street collection income 2.410 2,410 2,019 2,410 2,410 2,019 Page 18
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 6 Investment income Unrestricted funds General Total 2025 Total 2024 Interest receivable and similar income- Interest receivable on bank deposits 8,42) 9.178 7 Expendilure on charitable activities UDreslricted funds Designated General Restricted funds Total 2025 Total 2024 Insurance Equipment, repairs & renewals Activity & Group costs Family costs Governance & trustee expenses Independent examination Home-start UK contribution Rent & rates Cleaning Utilities Property costs Telephone & internet IT, softivare & support Fundraising, marketing & promotional costs Postage, printing & stationery Wages, Nl & pension Staff & volunteer costs Depreciation 1,494 3,139 5,562 19,859 1,494 16,657 5.584 19.859 1,627 24,815 3,654 16,363 13,475 22 50 674 724 2,040 5,418 779 1,020 6,266 1,264 2,476 2,965 5,418 676 69 421 2.011 2,516 2,687 2,585 421 702 702 870 406 2,306 2,712 185 185 277 806 806 1,050 198,659 19,156 1,307 24,795 159 212,601 237,396 9,932 979 979 14,454 28,701 268,199 311,354 285,709 Page 19
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 8 Staff costs The aggregate payroll costs were as folloivs= 2025 2024 Staff costs during the year were: Wages and salaries Social security costs Pension costs 210,407 10,6?0 16,369 170,055 8,007 13,924 237,396 191,986 The monthly average number of persons (including senior management team) employed by the charity during the y.ear was as follows= 2025 2024 Average number of employees 12 12 (2024 - 11) of the above employees participated in the Defjned Contribution Pension Schemes. Contributions to the employee pension 5cheme5 for the year totalled £16,369 (2024 - £13,924). No employee received emoluments of tnore than £60,000 during the year. The total employee benefits of the key management personnel of the charity were £39,803 (2024 - £37,420). 9 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any MUneratIon from the charity during the year. No trustees have received any reimbursed expense5 or any other benefits from the charity during the year. Page 20
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 10 Tangible fixed a55ets Land and buildings Other tangible rixed asset Total Cost At l April 2024 195,081 43,236 2J8,317 At i l March 2025 195,081 43,2)6 238,317 Depreciation At l April 2024 Charge for the year 56.565 95,955 979 979 At 31 March 2025 56,565 40.369 96,934 Net book value At 31 March 2025 lJ8,516 2,867 141.38) At J l March 2024 lJ8,516 142,362 I l Debtors 2025 2024 Trade debtors Prepayments 98 675 1,056 611 1,667 12 Cash and cash equivalenls 2025 2024 Cash on hand Cash at bank 332 250,113 60 282,548 250,445 282,608 13 Credilors: amounls falling due within one year 2025 2024 Trade creditors Other taxation and social security Other creditors Accruals Deferred income 2,365 3,275 656 3,010 2,142 8,127 2i,000 7,606 13.246 Page21
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 14 Funds Balanee at 31 March 2025 Balance at I April 2024 Incoming resourees Resources expended Transfers Unreslrieted funds General General 134,880 56,557 (28,701) (52,615) 110,121 Designaled Environmental Action Plan Improvements Tech IT- Hardware & Softivare Updates Building and equipment 691 13,648 (13,475) 864 {913) (FA) 142,362 76 (979) 141,383 76 Training 144,042 13,648 {14,454) (913) 142,323 Total unrestricted fund5 278,922 {43,155) {5),528) 252,444 Restricted funds FKH Project- Home Visiting FKH Project - Groups FKH Project- Course FKH Project- MH Area FKH Project FKH Project - Lutterworth PNI Project - MH Area PNI Project PNI Project - Course PNI Project - Groups PNI Project - Broughton Astley PNI Project - Home Visiting Family Fund Garden Project Play-Full Families Core - Tirnebound 571 11,954 {41,412) 29,097 210 10,014 5,555 48 11,846 511 (14,870) (20,964) 6,990 201 15,099 30,548 28 (19,724) (21,755) 19,696 21,743 (3,982) 2,457 (20,000) 12 555 20,000 20,000 (11,638) 1,374 29 31,776 12,689 (19,049) {JO,524) {12,952) (22) (75,289) 19,020 6,378 21.228 1.495 28,858 1,232 2,454 42,044 (77) (5,903) {30,000) 88,457 30,000 Total restricted funds 110,780 2iO,802 (268,199) 5i,528 126,911 Total funds J89,702 )01,007 (311:J54) 379,355 Page 22
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 The transfer from the Core-Timebound fimd io various restricted fimds is to cover core costs incurred by these projects. The transfer from the "PNI Project - Groups" and "PNI Project" funds to the other PNI restricted funds is to contribute to PNI related projects. The transfer from the PlaJ'_Full Families fund is to cover the cost of the Marketing & Comms Assistant role. The transfer from the Garden Project fund is to cover the cost of outdoor items purchased for use within Market Harborough Groups. The transfer from the General fund to various restricted funds is to contribute to core costs incurred by these projects. Page 2J
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 The specific purposes for which the fund5 are to be applied are as folloivs- Building/Garden - Maintenance & Repair - Reserves ring-fenced for the update, maintenance and repair of our building and the family garden. Environmental Action Plan Improvements - Reserves ring-fenced for the update. maintenance and improvements to the propert). and its conients in keeping with our environmental policy. Tech IT - Hardware & Software Updales - Reserves ring-fenced to allow Home-start South Leicestershire to keep our Tech up-lo-date. Building and equiplnent {FA) - Fixed assets held to enable Home-StOrt South Leicestershire to function and support the families of Harborough Disiri¢t. Training - Reserves ring-fenced to support ihe cost of training staff & volunteers. • FKH Project - Home Visiling - Funds iow'ards the cosls of our Family Know How Project, Home Visits - helping families build a healthier and happier lifestyle- building confidence. skills and resilience, and helping children thrive. FKH Project - Groups - Funds towards the cost of running our Family Know How Project groups in Market Harborough & Lutterworth. • FKH Project - Course - Funds tom'ards the cost of running our Family Know How Project course twice a year for 6 weeks - coverina- cooking healthy meals. roulines. play & the importance of physical activity. FKH Project - Market Harborough Area - Funds towards the cost of running our Family Know How Project in the Market Harborough area. FKH Projeet - Funds toNI'ards the cost of running our Family Know How Project. FKH Projeet - Lutterworth - Funds tow'ards the cost of running our Family Know How Project in the Lutterw'orth area. PLNI Project- Market Harborough Area - Funds tow'ards ihe Cost of running our Post Natal Illness Project in the Market Harborough area - for families affected by Post Nathl Illness. PLNI Project - Funding towards the costs of our Post Natal Illness Project. home visiting, groups and course - helping families affected by Post Natal Illness who have a child under 5 years - aiding recovery, reducing isolation and improving parenvchild relationships. PNI Project- Course - Funding towards the costs of our 6 week course, held twice a year, to develop parent's awaren¢ss and coping strategies related to posi-nathl illness. PNI Project- Groups - Funds towards the costs of our Post Natal Illness Project groups in Market Harborough &. Broughton Astley. • PNI Project- Broughion Astlev - Funds lowards the costs of our Post Natal Illness Project in the Broughton Astley area - for families affected by Post Natal Illness. PNI Project- Home Visiting - Funding towards the cost of our Post Natal Illness Projecl Home Visits - helping families affected by Post Natal Illness who have a child under 5 years - aiding recovery, reducing isolation and improving parenvchild relationships. Family Fund - Funding to assist our families in times of urgent need. Garden Project - Funding for improvements to our back garden to make areas suitable for children and family use. and to refurbish other areas. Play-Full Families - Fund5 towards the cost of a pilot run of our new project which "Helps families play more together" for families with school-aue children. Core - Timebound - Funds received for Core costs, to be used by August 2024. Page 24
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 Balance at I April 2023 Incoming resources Resources expended Balance at 31 March 2024 Unreslrieled funds General General 107,285 (J3,94J) 134,880 Designa¢ed BuildinglGarden - Maintenance & Repair Environmental Action Plan Improvements Tech IT - Hardware & Softiva Updates Building and equipment (FA) Training 3297 (3,297) 6,885 110 (6,31H) 691 1,8)9 143,669 409 (926) (1,)07) 913 142,362 76 156.099 110 (12,167) 144,042 Total unrestricted funds 263,384 61,648 (46,110) 278,922 Restricted FKH Project- Home Visiting FKH Project- Course FKH Project- MH Area FKH Project FKH Project - Lutterworth PNI Project PNI Project - Course PNI Project - Home Visiting Family Fund Garden Project Play-Full Families Core - Timebound Infrared Heater fund Watch Me Play Pilot (14,902) (10,462) (16,298) (17,75J) (3,300) (61,072) 571 4,996 15.480 10,014 5,555 48 17.801 3.300 45,785 19,269 555 3,982 555 21,228 1,495 2,553 34,779 30,000 31,863 11,285 5,622 79,886 30,000 8,116 (10,635) (10,530) (4,422) (79,957) 740 1,353 34,850 (8,116) (2,152) 2,152 Total restricted fund5 286,464 (239,599) 110,780 Total funds 327,299 348,112 (285,709) 389,702 Page 25
Home-start South Leicestershire Iyotes to the Financial Statements for the Year Ended 31 March 2025 15 Analysis of net assets between fund5 Unrestricted 2025 Total funds General Designated Restricted Tanoible fixed assets Current assets Current liabilities 141,383 940 141,383 251 ?18 (li,246) 123,367 {li ?46) 126,911 Total net assets 110,121 142,J2J 126,911 J79,355 Unrestricted 2024 Total funds General Designated Restricted Tangible fixed assets Current assets Current liabilities 142,362 1.680 142,362 284,275 (J6,935) 148,815 {lJ,9)5) 133.780 (2),000} Total net assets 134,880 10,780 389,702 16 Fees payable to independent examiner During the period, the fees payable (excluding VAT) to the charity's independent examiner Community Accounting Plus are anal)'sed as follow's= 2025 2024 Independent examination Other flnancial services 1,200 340 280 1,630 1,540 17 Taxation The charity is a registered charity and is therefore exempt from taxation. 18 Related partv tran5action5 There were no related party transactions in the year. 19 Charity status The charity is a company limited by guarantee and consequentl}' does not have Share capital. Each of the trustees is liable to contribute an atnount not exceeding £1 towards the assets of the charity in the event of liquidation. Page 26