REGISTERED COMPANY NUMBER: 05179158 (England and Wales) REGISTERED CHARITY NUMBER: 1107857 Report of theTrustees and Flnancl41 Statements lor the Year Ended 31st Marth 2025 for HOME-START CROYDON
Home-start Croydon Contenls Page for Ihe Year Ended 31 Marth 2025 Page Reference and Administrative Infonnatlon Report of the Trustees Independent Examiner's Report Statement of Finandal Activltle5 8alante Sheet Notes to the Flnanclal Statements 9-18
Home-start Cro¥don Reference and Admlnlstrative Infomiation for the Year Ended 31 March 2025 Trustees & Dirertors.. Chalr Treasurer Barbara Frost Nigel Bishop RLrth Cloves Abhai Bhar8ava riffany Watts Helen Butlin Sally Cloves Harrlet Butler Nessa Keddo Jane Burton (Resigned 28110120241 (Resigned 0310612025) (Reslgned 21101120251 IAppoSnted 17109120241 (Appointed 03106120251 Company Secretary.. Ruth Cloves (Appolnted 17109120241 Registered Office 1.8 Ramsey Court 122 Church Croydon CRO IRF Charity Number.. 1107857 Company Number,. 5179158 Bankers: BarclJys Bank plc l North End Croydon CR9 ISX Independent Examiner.. Ala5dalr Weaks TC Group Suffolk House George Street Croydon Surrey CROOYN
Hom&Start tsoydon Report of the Trustees for the Year Ended 31 Marth 2025 The Trustees present their p0rtf0rthÈ year ended 31" Marth 2025. The members of the Management Committee Iwho are also the Trustees and Directors) of the charity durlng, and after the yèar. were: Barbara Frost Nigel Blshop Ruth Cloves Sally Cloves Abhai Bhargava riffany Watts Helen Bvtlln Harriet Butler Nessa Keddo Jane Burton Chalr Treasurer Secretsry Individual IndSvidual Indlvidual (Resigned 05103120251 Indlvidual Indlvldual (Resigned 21101120251 Individual (Appointed 17109120241 Indlvldual (Appointed 03106120251 IResl8ned 28110120241 (Appointed 17109120241 Management Commlttee members arè èlerted or appolnted on a >yearly basis, with the offlcers being èlected from the membershlp ofthe Management Comrnittee. sTRUURE, GOVERNANCE AND MANAGEMENT Home-start Croydon w85 incorporated as a Company LSmlted by Guarantee on 14 July 2005. The tompany is registered as charSty with the Charlty Comm15sion (registration number 11078571. The charlty was established In 1989 and was prevlou51y registered with the Charity Commisslon undei the re8lstration number 803302. The Trustees meet every 6 weeks to ensure compllance wSth the Memorandum & Artlcles and the policies of Home-start. The day.to-day operatlons within the policies, forward plan and bud6ets are delegated to the Operatlons Mana8er. Under the Memorandum & Artlcles of Associatlon, the Trustees appolnt the officers of the charity (Chair, Vice Chalr, Treasurer, and Secretary). The Trustees according to the Articles of Assoclatlon are elected at the Annual General Meetin8S. The Trustees may co-opt any person duly qualSfled to be appolnted as a Trustee and that person wlll hold office untll the nextAGM. OBJEcnvES al To safeguard, protect and preserye the good health, both mental and physlul, of chlldren and parents of ehlldren. bl To prevent cruelty to or maltreatment of children. cl To relieve 5icknes5, poverty and need amongst chlldren and parents of children. dl To promote the e¢Jucatlon of the public in better standards of chlldcare within the area of Croydon and Its environs. AcrivlEs Home-start works with families who are experiencin8 difficulties and who have at least one chlld under five years of age. Home-start is an independenL voluntary or8anisation which work5 towards the increased confidence and Independence of the family by: offering support, friendship and practical assistance Vi51ting famllies in their own homes or community locatlons where the dignity and identlty of each Indlvldual can be respected and protected reas5urlng parents that difficultie5 rn bringing up children are not unusual and encouragrng enjoyment in family life. developlng a relationship with the farnily in which time can be shared and understanding can be developed,. the approach is flexible to take account of different needs. encouraging the parents. strenhS and emotional well-beln8 for the ultimate benefit of their children encouragln8 families to widen their neIrk and to effertively use the support and services withln the cornmunity.
Home-starl Croydon Report of the Trustees Itontinuedl forthe Year Ended 31 Marth 2025 ACHIEVEMENT5 AND PERFORMANCE Home-start Croydon has distintt volunteer roles.. Home Visiting (provides intensive l-l supportl and Parent Champions Iprovi(les group-based support). all attend a comprehensive training course and are subject to Enhanced DBS checks. Wlth demand for services continuin8 to r55e and a much morè challenglng fvnding envlronment, the past year has been a struggle to keep pace with the needs of familles in Croydon. Thanks to our dedicated staff and volunteer5 we have been able to contlnue lo provide high quality support interventions to more famllles than ever before. Volunteers supported familie5 through one-to-one support in their homes and directly In the communlty; on average 8ivin8 between 2-3 hours each week. Durin8 the year, we recelveij 80 referrals to provide home vlsiting support but, sadly, due to reduced fundin8, we were only able to action 32 of these134 children) but we also supported 27 of these fami1Ses through other means le8. group support, short-term support, sSgnposting to other servlcesl. Addltlonally, there were over 3,2¢xI family vi51ts13,483 childrenl to our support groups andlor communlty Interactions during the year where families were able to re1ve support. PUBLIC BENEFIT The Trustees confirrn that they have referred to the guSdance contained In the Charlty Cornmlsslon's general guldance on publlc benefit when revlewlnB our objettlves and activities and in planning future activltles. It Is the jud8ement of the Trustees that activitles in PLtrsult of the above objectives fully meet the publlc benefit test, whlch they have kept In mind in plannin8 pro8rammes for the charlty. DIRECTORS, RE5PONSIBIUTIES Company law require5 the directors to prepare statements of account for èach financlal year whlch glve a true and falr vlew of the state of affalrs of the company and of It5 incoming resources and resources expended durlng that year. In preparlng those financial 5tstements, the dlrectors are requlred to.. select sultable accountlng pollcies and then apply them conslstently- make lud8ement5 and estlmates that are reasonable and prudent,. State whether the Financial Reportin8 Standard for Smallèr Entlties h85 been followed, subjert to any malerlal departures dlsclosed and explained the financlal statements. and prepare the financial statements on the golng coneern basis unless It Is Inapproprlate to presume that the charlty will contlnuè In business. The directors are responslble for malntainins proper 3ecountini records whlch disdose wlth reasonable accuracy at any Ilme the Ilnanclal p055tlon of the company and enable them to ensure that the account5 comply wlth the Companles Art. They are also responsible for safe8uardln8 the assets of the company ènd hence for taklng reasonable Steps for the preventlon and detectlon of fraud and other irregularities. ACKNOWLEDGEMENTS Contracts and Grants recelved.. London 8orou8h of Croydon The National Lottery Southern Gas Network5 Ivia HSUKI Individual donatlons I£IOO and overl received.. Charities Ald Foundation Peter & Tiffany Watts Laura Bailey Selsdon Baptlst Church Barbara Frost Monty Bojangles Chocolate Co. Maree Waller (Musical Bumps) Sally Cloves Croydon Voluntary Attion We would a150 like to reco8ni5e and thank all our charlty runner5 who entered the 'Lace Up For London" 5k/lOk run in Regent's Park and everyone who donated smaller amounts Includln8 all our volunteer5 who donated their expense5 to the charltv.
Home-start Croydon Report of ihe Trustees l¢onllnuedl lor the Year Ended 31 MaTth 2025 Donations"In Kind"received- Croydon Salvation Army BT Festive Give Home-start UK Torchlight Ministries Croydon Monty Bojangles Chocolate Co. Carol Terrell Additionally. we would like to express our appretlation and thanks to all our donors. large and srnall, includin8 those who contrlbuted vla Glve As You L6ve. for thelr financlal support and generosity thOut whlch our aims could not be achieved. FINANCIAL REVIEW We are pleased to present the accounts for the financlal year 2024-2025. Our main sources of funds and grants together wlth the support from our donors allowed us to end the year poslllvely with 2024125 income of £350,238, up from £256,202 in the previous year. This growth in Income has been both significant and requlred glven the smaller surplus In the prlor year and the on8oln8 Cost of dellverln8 seNlces. In 2023124, we had a total of 2.786 support InteThentlons with famllles, across all our seNlces, at a total cost of £224,108. In 2024125, our expendlture was £270,301, but the number of famlly support Interyentlons had Increased enormously to 3,303 lan 18% Increase in satisfied demand, overall total demand for servlces was much hlgher causing us to limlt and suspend some operatlons for perlods of tlmel. Thls growth In demand was malnly due to launchln8 new support 8roups and increased attendance at all our support groups, and we were able to meet thls through efflclent use of resources. Reserves èt the vear end stood at £146,064 of which £30,000 was designaled for charlty wlnding down aclSvllle5 If required, and £35.757 restrlcted for speclflc use, and the remaining amount beln8 In Ilne wlth the parameters Outllned In our ReseThes Pollcv. We wntinue to seek diverslfled sources of fundln8 to reduce our reliance on fundln8 from the local authority. however the London Borough of Croydon remalns a 51gnlflcant and cruc531 funiler of our work. Detalls of Home-start Croydon's revenue ar expendlture for the year under revlew and the prevlous year are shown on page 7 of the Financial Statements. We recognlse, and cannot Ignore, the extent to whlch our flnancSal vlablllty rests wlth our fundln& whlch comes without any future iuarantee5 beyond the Current financial year endin8 March 2026. We ¥re actively seeking to secure additional funds to continue our work and will engage with any new commissioninE process in a bid to secure further fundlng to meet the needs of Croydon fJmllles In the future. We remaln quletly confSdent that our pasl Jchlevements wlll set us up well for future fundln8 appllcatlons. Throu8hout thls year we have been funded by.. London 6orough of Croydon18ést Start and Famlly Hubs), The Natlonal Lottery, and Southem Ga5 Networks Ivia Home-start UK). We are also grateful for the large number of one-off donatlons to support our work, in particular, a large, anonymous donation vla the Charlties Ald Foundatlon. We contlnue to work hard to Identify additional opportunitie5 to introduce new programmes to allow u5 to support more families In the Borough. We know from our own evidence that the need for our service remains high, and we will continue to highllght thls to all potential funders. We are also pleased to re¢o8nise our close workin8 relation5hlp with Councll Officers and hope that together we will achieve an ami¢Jble way forward for the future. It should be noted that the majority of the funds carrled forward Into the next financial year are allo¢ated for Spend in 202512026 due to the recelpt of funding where the dellvery Is spllt over multiple flnanclal years. We have mainlaSned our net Re5erve5 at a level to meet the terms of our Reserves Policy lsee below). We contlnue to monitor all of the 5ervice5 we provide usln8 our own evaluation procedures. We also work to the National Home-start Quality Assurance System to ensure that we provide high qualityi appropriate 51JPPOrt to our famllies.
Home-start Croydon Report of the Trustees {coThtlnued forthe Year Ended 31 March 2025 We would Ilke to thank all of our funders for their commitment to our organisation and we are confident that Home-stsrt Croydon has the expertise and capacity to meet any new challenges and take a prominent part in future Initiatives emanatin% from the Crovdon community and the Councll's Bèst Start and Famlly Hubs initlatsves. RESERVES POLICY The Management Commlttee ha5 agreed a formal policy on resenfes. The Trustees have set a Reserves Polley whlch requires that.. i ReseNes are malntained at a level whlch ensures that Home-start Croydon's core artlvlty could continue during a period of unforeseen circumst6nces. This 15 likely to be a reduction or cessation of funding. 2 The Management Commlttee have reviewed the charity's needs for a reserve and agreed the approprlate level. It was agreed to contlnue a gradual accrual of reserves over the next 3 years in line with our Service Level Agreement to ensure that our core work would contlnue for a minimum of 3 months. 3 The Mana8ement Committee have agreed to maintain a level of liquid assets that will cover charlty wind-up costs Ishovld this be requlredl, whlch is currently set at £30,000 (trustees wlll review thls flgure In the coming financial year to ensure it IS Still fit for purpose and agreed the approprlate level). 4 such development will be In line wlth the annual revlew of this pollcy, the latest le8islatlve requlrements and best practlce advlce provlded by the Charlty Commisslon and Home-start UK. RISK REVIEW The Management Committee has revlewed the many risks to whlch Home.Start Croydon Is exposed and is satbsfled that systems have or are belng estsbllshed to mitigate these rlsks. The stheme has a Safeguarding Policy in place which 15 reviewed annually by Trustees. All staff and volunteers complete safeguradlng training at a level relevant for their role. Disclosure & Barrlni SeNlce checks for all volunteers and staff have been Implemented. AJI volunteers undertake a trainlng eourse and are regulatly supervlsèd. Adequate insurance cover ha5 been taken out to cover employees and volunteers carryin8 Out work for and on behalf of Home-stsrt Croydon,. thls Includes any clalm resultln8 from alle8ed or actual abuse. Thi5 report is prepared in accordance with the exemption5 available to companies subjert to the smoll compan¢s regime withln Part 15 of the Companles Act 2006 518ned on behalf of the Trustees Barbara F ost Chair of Trustees Date:
Home-start Croydon Independent Examiner's Report for the Year Ended 31 March 2025 I report to the trustees on my examination of the financlal statements Home-start Croydon Ithe charity) for the year ended 31st March 2025. Responslbllltles and basls of report As the trustees of the charity land also it5 director5 for the purposes of company lawl you are re5pon5ible for the preparation of the financial ststements in a¢¢ordance wlth the requlrements of the Companles Act 2006 Ithe 2006 Act). Havlng satisfied myself that the financial statements 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 the charitrfs financial statements Carried out under sectlon 145 of the Charltle5 Art 2011 (the 2011 Act). In carrying out my examlnation I have followed all the applicable Direction5 given by the Charity Commission under sertion 1451511bl of the 2011 Act. Independent examlnels ststement Since your charlty's gross income exteeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertske the examination because l am a member of the Instltute of Chartered Accountants in En8land and Wales. whlch Is one of the Ilsted bodies. I have completed my examination. I confirm that no matter5 have come to my attention in connection with the examinatlon 8ivin8 me cause to belleve that In any material respert.. accountlng records were not kept In respett of the charlty as requlred by sectlon 386 of the 2006 Act: or the financial statements do not accord with those records- or the flnbncial statements do not cornply with the accountin8 requirements of Section 396 of the 2006 Act other than any requlrement that the accounts glve a truè and falr vlew whlch Is not a matter consldered as part of an Independent examination. or the flnandal statements have not been prepared In accordance wlth the methods and principles of the Statement of Recommended Practlce for accountlng and reporting by charities lapplicable to charities preparin8 their accounts In accordance wlth the Flnandal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 10211. I have no concerns and hive tome across no other matters In connettion with the examlnatlon to whlch attentlon should be drawn In thls report In order to en)ble a proper underst8ndln8 of the fin8nclal statements to be reached. Gro Alasdalr Weaks ACA TCGroup Suffolk House Geor8e Street Croydon Surrev CROOYN Date.. I i JfzcfznKL Aol<
Home-start Croydon Statement of Flnantial Artivities for the Year Ended 31 Mar¢h 21)25 Unrestrlcted Restrlcted Desisnated Funds Funds Funds Total 2025 Total 2024 Note Incoming resources Voluntary income Activities for generating funds Income from investments Charitable activities 183.241 6,467 1,148 82,378 77,004 260,245 6,467 1,148 82,378 165,S21 10,905 485 79,291 273,234 77,004 350,238 256.202 Resources expended Fundrai51ng cost5 Charltable activitie5 8,852 204,283 8,852 261,449 4,482 219,626 57,166 213,135 57.166 270,301 224,108 Net surplus I Idetlcltl 60m9 19,838 79,937 32,094 Transfers Gross transfers between funds iio,0001 10.000 Net movement In funds 19,838 10,000 79,937 32,094 Reconclllatlons of funds Total funds brought forward 30,228 15,899 20,000 66,127 34,033 Total fund5 carrled fonvard 80,327 35,737 146,064 66.127 The notes form part of these financial statements.
Horne-start Croydon Balance Sheet as ai 31 March 2025 2025 2024 Note Flxed assets Tangible fixed assets 506 506 Current assels Debtor5 Cash at bank and in hand 3,408 151.049 2,500 66.627 154,457 69,127 Credltors Amounts falllng due wlthln one year 8,899 3,000 Net current asseis 145,558 66,127 NET ASSET5 146,064 66,127 Accumulaled fund5 Unrestrlcted funds Restricted funds De5iBnated fund5 io io io 80,327 35,737 30,CQO 30,228 15,899 20,000 146,064 66,127 The charitable company is entitled to exemptlon from audit under Sertlon 477 of the Companles Act 2006 for the year ended 31st March 2025. The members have not required the company lo obtaln an audlt of its flnanclal statements for the year ended 31st March 2025 In accordance with Section 476 of the Companies Art 2006. The trustees acknowledge the responslblllties for:_ lal ensurlng that the charltable company keeps accounting records that comply wlth Section 386 and 387 of the Companies Act 2006, and Ibl preparing the financial 5taternent which 8ive a true and falr vlew of the state of affairs of the charitable company a5 at the end of the finantlal year and of its surplus or deficit for each flnanclal year in accordance with the requirements ol Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statement5, $0 far as applicable to the charltable companv. Thèse finandal statements have been prepared in accordance wlth the provlslons applicable to charltable companles under the small companles regime. These financial statements were appToved by the Board of Trustees and authorised for issue tsn signed on their behalf bv= and were Barbara Chalr ros Ruth Cloves Company Secretary The notes form part of these financial statements.
lome-start Croydon Notes to the Flnanual Statements for the Year Ended al Marth 2025 I GENERAL INFORMAnON Home-Start Croydon Is a company limited by guarantee, gIStered in England and Walès Icompany number- 051791581 and a charlty registered with the Charity Commission (registered number.. 11078571. Home-start Croydon's re8lStered addrÈss1s 1-8 Ramsey Court, 122 Church Street, Croydon, CRO IRF. The charity meet5 the definltlon of a public benefit entlty under FRS 102. 2 ACCOLINfiNG POUCIES Basls of preparln8 the financial stotements The financlal ststement5 of the charitable company, which 15 a public beneflt entity under FRS 102, have been prepared in accordance wSth the Charitles SORP IFRS 1021 'Accourbtin8 and Reportlng by Charltle5: Statement of Recommended Practice applicable to charlties preparin8 their accounts In accordance wlth the Flnancial Reporting Standard appllcable in the UK and Republlc of Ireland IFRS 1021 leffective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard appltcable in the UK and Republic of Ireland, and the Companies Act 2¢)06. The financial statement5 have been prepared under the hlstorlcal tost conventlon. The flnan¢lal ststements have been prepared In sterlSng, the functlonal currency of the charty, and monetary amounts In these flnanclal statements have b89n rounded to the nearest £. 6oln8 CaneerTr At the tlme of opprovln8 the financlal statements, Home-stsrt Croydon has reasonable expectatlon that the charity has adequate resources to contlnue In operatlonal existence for the foreseeable future. Accordln8ly, the 80ing concern basls of accountlnR is applied in the preparation of the financlal statements. Whilst fundlng for the financial year ended 31 March 2026 has now been Secured, in common wlth many charities, longer term lundln8 Is less certain. The trustees and senior management team are taking many actions to secure fundln& however the flnanclal sltuatlon at the London Borough of Croydon is not helpful in thls regard. The trustees have set a Re5etves Policy which takes Into conslderation the costs of windlng up the tharlty Icurrently estimated at £30,0001 and this wlll be reviewed re8ularly, If the accounts were not pr*par•d on a 8oln8 concern basls the balanee sheet would not be materially different. Incurne All inwme 15 recognised In the Statement of Flnantlal Artlvltles once the charity ha5 entltlement to the funds, It Is probable that the Income will be recebved and the amount can be measured rellably. Grant income is recognised when the charlty has entltlement to the funds. any performance condltlon5 attached to the 8rants have been met, It Is probable that the IrKorne wlll be received and the amount can be measured rellably and is not deferred. Grant income received in advance for actlvltles undertaken after the year end is deferred untll the crlteria for Income rÈcognitlon are met. Donatlons and similar Incoming resources are included In the year In whrch they are receivable. whlch Is when the tharity becomes entltled to the resourte. Investment Income Includes interest recelvable and is Included in the accounts when the charity becomes entitled to the income.
Home-stsrt Croydon Notes to the Financial Statements Iwitlnuedl for the Year Ended 31 March 2025 Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation comrnitting the charlty to that expenditure, it is probable that a transfer of economic benefits wlll be required in settlement ènd the amount of the obli8ation can be measured reliably. Expenditure 15 accounted for on an accruals basis and has been da55ified under headings that aggregate all cost related to the category. Where costs cannot be dlrectly attrlbuted to partlcular heading5 they have been allocated to actlvities on a b8s1s conslstent with the use of resource5. Tomation The charlty Is exempt from Corporation tax on Its charltable actlvities. Tanglble flxed as5et5 Individual assets costin# in excess of £l,l)00 are capltallsed. DeprecSatlon is provided on all tangible flxed assets at rate5 calculated to write off the costs less estimated residual value of each asset Systematically over Its expected useful life.. Office equlpment- 25% strai8ht line basis OperatinE lea Rentals paid under operating leases are charged to the statement of flnan¢l•l actlvltles on a straliht Ilne ba515 over the lease term. Penslon Costs and olher post.rntlrement benellts The charlty opefates a deflned contribution plan for Its employees. A defined contrlbutlon plan Is a penslon plan under whl¢h the charlty pays fixed contributions Into a separate entity. Once the contrlbutlons have been paid, the charity has no further payment obligations. The contrlbutlons are recognlsed as an expense In the Statement of Flnanclal Artlvltles when they fall due. Amounts not paid are sh¢)wn In credltors as a liabillty in the Balance Sheet. The a$ts of the plan are held separately from thè tharlty In ndependently admlnistered funds. io
Homtrstart Croydon Notes to the Flnandal Statements Icontinuedl for the Year Ended 31 Marth 2025 2 INCOMING RESOURCE5 Unrestrirted Restrlrted Fund5 Funds Total 2025 Total 2024 Volunt income Oonatlons- general Grants 61,586 121,655 61,586 198,659 58.180 107.341 77.004 183,241 77,004 260,245 165,521 Attivilies for eneratin Fundraising events Room hire funds 4,297 2,170 4,297 2,170 10,823 82 6,467 6,467 10,905 In ome from investrnents Interest recelvable 1,148 1,148 485 1.148 1,148 485 Chari blea iv Best Start- Parent Champions Best Start- Home Vlsltln8 41,316 41,062 41,316 41,062 39,659 39,632 82.378 82,378 79,291 Total Incornin8 resources 273,234 77,004 350,238 256,202 li
Home-start Croydon Notes lo the financial Statements {contlnued) lor the Year Ended 31 Marih 2025 3 RESOURCES EXPENDED Dirert C0515 Support Costs G¢p4ernance Costs ToLIl X125 Total 2024 undralsin Staff costs Cost of fundralsing events 2,335 6,517 2,335 6,517 2,010 4,482 8,852 8,852 6,492 Cost of charitable Staff costs Famlly group expenses Staff tralnlng and expenses Volunteer recruitment, tralning )nd expenses Training, Inlormation and Guldance- HS UK DBS checks Rent Rate5 Prlntlng, postage and stationery Payroll c05tS Recruitment costs Advertisln8 and promtbonal costs Sub5crlptlons Telephone and moblle Computer expenses InsLsrance Offlce expenses Parklng charges Bank charBes Sundry expenses Depreciation Independent examlnatlon fee 212,338 1,470 3,477 2,140 4,826 652 3,871 216,209 1,470 3,477 2,140 4,826 652 10,000 2,421 1,342 188 329 27 1,185 2,516 2,723 1,505 4,350 1,458 174 1,048 169 3,240 183,298 1,666 2,754 406 7,841 2,268 1,493 221 89 443 1,207 2,372 2,884 1,383 1,799 10,000 2,421 1.342 188 329 27 1,185 2,516 2,723 1,505 4,350 1,458 174 1,048 169 255 106 433 3,240 224,903 29,435 7,111 261.449 217,616 Total resources expended 233,755 29,435 7.111 270.301 224,108 12
Home-stan Croydon Notes to the Financial Statements Icontlnuedl for the Year Ended 31 Marth 2025 4 sfAFF Cosrs Total 2025 Total 2024 Salaries Ilncluding servlte feesl Employer NIC Pension costs Self-employèd contractors 197,339 12,410 5,587 3.208 171,695 9,070 4,543 218.544 185,308 Charitsble actSvltles Fundralslng costs Govemance costs 212,348 2,335 3,871 179,919 2,010 3,379 218,554 18S,308 The average number of employees durln8 the year were 812024- 71. No employee earned £60,(K)O p# or more. Durlng the year the charity incurred costs totallln8 £46,698. Includln8 employer's NIC and employer'5 pension, In respect of key management personnel. 13
Home-start Croydon Notes to the Flnandal Statements Icontinuedl for the Year Ended 31 March 2025 5 Comparatlve Statement of Financial Artbvitles For the year ended 31 Marth Z024 Unrestricted Restrirted DesiBnated Funds Funds Funds Total 2024 Incorning resources Voluntary Incomè Activities for generatSng funds Income from Investments Charitable activitles 100,991 10,905 64,530 165,521 10.905 485 79,291 79,291 191,672 64,530 256,202 Resources expended Fundraising costs Charltable activltle5 4,482 148,889 4,482 219,626 70,737 153,371 70,737 224,108 Net surplus I Ideflcltl 38,301 16,2071 32,094 Tr•nsfers Gross transfers between funds 16,9711 6,971 Net movement In funds 31,330 764 32,094 RecondllatIS ol lunds Total funds brought fomard 11,1021 15,135 20,C4)0 34,033 Total funds carrled forward 30,228 15,899 20,OOD 66,127 14
Home-start fxoydon Notes to the Flnandal Staternents Icontinued) for the Year Ended 31 March 2025 6 TANGIBLE FIXED A55E Equipm¢nt Cost At l Aprll 2024 Additions 4,563 675 At 31 March 2025 5.238 Depre(iation At l AprS12024 Charge for the year 4,563 169 At 31 March 2025 4.732 Net book value At 31 March 2024 At 31 March 2025 506 7 DEBTORS Total 2025 Total 2024 Accounts recèivable Prepayments 908 2,50D 2,500 3,408 2,500 8 CREOITORS: amouTht5 falllng due wlthln one year Total 2025 Total 2024 Accruals Social security and other tsxes Other credltors 3,240 4,064 1,595 3,000 8,899 3,000 15
Home-start Croydon Notes tothe Finanaal Statements Icontinuedl for Ihe Year Ended 31 Marth 2025 9 ANALYSIS OF NET ASSETS BY FUND Unrestricted Restricted Designated Funds Funds Funds Total 2025 Tanglble fixed assets Debtors Cash at bank Creditors.. amounts falllng due within one year 506 3,408 85,312 18,8991 506 3,408 151,049 18,8991 35.737 30,000 80.327 35.737 30,(0 146,064 Comparatlve Inlormatlon Unrestrlrted Restrlrted Deslgnaied Fund5 Funds Funds Total 2024 Debtors Gish at bank Credltors,. amounts falllng due wlthln one year 2,SOO 30,728 13,0001 2,5¢X> 66,627 13,0001 IS,899 20,000 30,228 15,899 20,000 66,127 The balance in the de51gnated fund Is 5peclflcally for wlndSn8 UP costs If requlred, as a8reed by the Trustees. 16
Hom&Start Croydon Notes to the Flnanclal Statements {continued) for the Year Ended 31 March 2025 10 MOVEMEl+lT IN FUNDS Ail April 24 Transfers In I (Out} At31 March 25 Inc4)me Expendlture Unrestricted eneral General funds fund5 30,228 273,234 1213,1351 iio,0001 80.327 nated Fund 20,000 10,000 30,000 50,228 273.234 1213.1351 110.327 National Lottery Pears Foundation Home Start UK- Warm spaces, Frlendly faces Southern Gas Network5 14,426 1,183 290 68,4 154,9711 11,1831 12901 17221 27,855 8,604 7,882 15,899 77,004 157,1661 35,737 Total lund$ 66,127 350,238 1270,3011 146.064 Comparatlvt Inforniollon Atl Aprll 23 Incomlni Resources Resources Expended Transfers At31 Marth 24 In I lout) Unrestricted eneral General funds Deslgnated funds funds 11,1021 20,000 191,672 1153,3711 16,9711 30,228 20,000 18,898 191,672 1153,3711 16,9711 50,228 Resiricted funds National Lottery Community Fund Pears Foundation Home Start UK- Warrn spaces, Friendly fates Cosaraf Charitable Foundation 56,400 8,130 141,9741 18,1471 17101 119,9061 14,426 1,183 290 1,200 1,000 12,935 6.971 15,135 64,530 170,7371 6,971 15,899 Total fund5 34.033 256,202 1224,108) 66.IZ7 17
Home-start Croydon Notes tothe Finanaal Statements Icontinuedl lor the Year ETrded 31 March 2025 10 MOVEMENTIN FUND5 Icontinuedl National Lotte Communi Fun This Is a 3 year core costs grant to allow for capacity building and cover the increased costs of operation. We have used a portion of this to provide an additional limited 5UPPOrt service to familles that do not need Intensive support but wSthout us would have nothing. Typically this support is provlded by staff rather than volunteers and 15 very short term. ar5F undation This projett ran from April to September 2023 16 months). The application cdteria was very broad, alrnlng to provlde individual projects that benefitted a Specific communlty need. We used thls fundlng to Introduce a Stroller Group to glve local famllles an opportunlty to meet up with others in a similar situatlon, to acce55 local green spaces and get some gentle exercise. Thi5 project Wa5 funded through a Brant Irorn the Pears Foundation administered by Home-start UK. Home-start UK- Warm S ac ndl Faces This was a £1,000 grant to be used between Jan - Mar 2023 to provide some warrning and friendly Interactlons for families during the wlnter months and as the grlp of COVID loosened. We use It to provlde a variety of servlces intluding coffee mornings for volunteer5, purchased warm wlnter clothlng for children In supported familles, provlded ener8y meter top ups nd provided warm refreshments at all of Dur support groups. Thls project was funded throulh a irint from The Whlte Stuff admlnlstered by Horne-start UK. Cosaraf Charltable Foundatlon Funding ran from lan 2020 to December 2022 13 years fundln81 and was to provide a specific support group for Mu511m mothers,. 8iving them support and an opportunlty to engage and integrate wlth the wlder cornmunity. Thls project had orlglnally started under our Parent Champion pro8ramme but, wlth this grant, we were able to split it out and Yan It as stsndalone project, Introduclng additlonal service5 e.8, a cyclSn8 group. Thls project closed when the fundlng ended a5 the fvnder was unable to offer continuation fundln8. outhern Gas Ne A new partnershlp to help to address fuel poverty among youn8 famllles wlth lundlni from October 2024 lo May 2026. ThSs fvndln8 wlll help to provlde essential support to help famllies stay warm during the wlnter. li also allows Homestart Croydon to raise awareness of carbon mionxide and let people know the benefits of Prlodty Servlces Reglster. 11 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneratlon or other beneflts for the year ended 31st March 2025 nor for the year ended 31st March 2024. TfUStee5' expenses Trustees were not relmbursed wlth ar)v expenses durbngthe VÈar12024- £Nill. 12 RELATED PARfi DISCLOSURES During the year donations were received from trustees, key management and related partles totalling £147. No restrlrtion5 or conditions were attached to any of these donations. There were no other related party transaction5 requiring disc105ure in the current year. 18