HOME-START COLE VALLEY
(A Company Limited by Guarantee)
Report and Financial Statements
Period ended: 31 March 2025
Charity No: l 107901
Company No: 5285171
Registered Office:
C/0 NTR Bookkeeping Services
Suite 310 Telsen Centre
55 Thomas Street
Aston
Birmingham
B6 4TN
Tel: 0121 572 0800

Home-start Cole Valley
Contents
Legal and administrative information
Report of the Trustees
Statement of Financial Activity
Balance Sheet
Notes to the Financial Statements
Independent Examiner's Report

Home-start Cole Valley
Legal and Administrative Information
Status
Home-start Cole Valley was incorporated as a company limited by guarantee and not having a share
capital under the Companies Act 1985 on 12 November 2004 and registered as a charity on 2
February 2005.
The Company was established under a Memorandum of Association which established the objects
and powers of the charitable company and is governed under its Articles of Association. Under those
Articles, the members of the Management Committee are elected at the Annual General Meeting.
Trustees (Directors)
The following ser4ed as Trustees and Directors under company law during the year.
Tony Fuggle
Neisa Reid
Hannah Crumpton
Charanjit Phull
Martine Palfrey
Chair (Resigned February 202 5)
Treasurer
Safeguarding (Acting Chair)
The charitable company has no share capital and the members of the board of trustees have no
interest in its surplus or assets and receive no remuneration.
Appointment of Trustees
Trustees are appointed at the Annual General Meeting and must consist of a minimum of 4 trustees
and not more than 12 individuals. The trustees may co-opt any person duly qualified to be appointed
as a trustee but will only hold office until the next Annual General meeting.
Registered Office.
C/0 NTR Bookkeeping Services
Suite 31 O Telsen Centre
55 Thomas Street
Birmingham B6 4TN
Bankers
Independent Examiner
Sally Bateman
79 Witherford Way
Selly Oak
Birmingham
B29 4AN
Lloyds TSB
Poplar Road Solihull Branch
9 - 1 I Poplar Road
Solihull
West Midlands B91 3AN
311'ag7e

Home-start Cole Valley
Report of the Trustees for the period ended 31 March 2025
The Trustees present their report and examined financial statements of the charity for the year ended
31 March 2025. The Trustees have adopted the provisions of the Statement of Recommended
Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and
financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in
notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and
Accounting and Reporting by Charities." Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
published 16 July 2014, as amended in Bulletin l.
Objects of the Charity
l . To safeguard, protect and preserve the good health, both mental and physical of children
and parents of children
2. To prevent cruelty to or maltreatment of children
3, To relieve sickness, poverty and need amongst children and parents of children
4. To promote the education of the public in better standards of childcare within the areas
of Sheldon and Yardley and its environs.
Public benefit statement
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the Charity's aims and objectives and in planning
future activities.
Activities of the Charity
Home-start Cole Valley is a voluntary home-visiting organisation offering emotional and practical
support to families experiencing difficulties with at least one child under five years of age. Trained
volunteers support the families by visiting them at home and are from a variety of backgrounds,
ages, status, race, creed and colour.
One volunteer preparation course was completed in the year resulting in the successful recruitment
of I volunteer to support families. The scheme currently has a Manager working 34 hours per week,
two part-time Co-ordinators working 43 hours collettively. One part-time administrator working 23
hours was in post until December 2024.
The scheme supports families in the following wards, which are within Birmingham Local Authority.
Acocks Green, Stechford & Yardley North, South Yardley, Sheldon, Hall Green, Sparkbrook,
Springfield, Kings Heath & Moseley.
The Scheme's core funding was received from the Birmingham Forward Steps contract, however this
was reduced by 50% in November 2024. The scheme has sought to secure funds to ensure the
continued work with families throughout the current and following year.
41Page

Home-start Cole Valley
Financial review
Income for the year was £149,353 (2024:£132,027) and expenditure totalled £121,000 (2024:
£124,285). This has resulted in a profit for the year of £28,353 (2024: £7742). This is mainly due to
funding secured for the coming year due to reduction in Core BFS funding. Net funds at 31 March
2025 of £79,211 (2024: £50,858). This includes Reserve Funds and funding secured for the coming
year.
Plans for the future
The Trustees aim to continue to increase the organisation's reserves fund in line with the organisation's
vision for the future of between 3 and 6 months working funds.
Trustees Responsibilities
The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements
In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law appllcable to charities in England & Wales requires trustees to prepare financial statements for
each financial year which give a true and fair view of the state of affairs of the charity and of the
incoming resources and
selected suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP 2015 (FRS 102);
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material
departures disclosed
prepare the financial statements on the going concern basis unless it is inappropriate to
presume the charity will continue
The trustees are responsible for maintaining proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure the
financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports)
Regulations 2008 and the provisions of the trust deed. The trustees are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small companies.
Approved by th Trustees on:
19.11.25
on its behalf by:
NEISA REID
Treasurer

Home-start Cole Valley
Statement of financial activities for the period
ended 31 st March 2025
Notes Unrestricted Designated Restricted
funds
funds
funds
2025
2025
2025
Total
funds
2025
Total
funds
2024
Incoming Resources
Fundraising, Donations and
Gifts
12,448
12,448
20,255
Grants for the furtherance of
the charity's objectives
18,000
117,937 135,937 111,504
Bank interest
968
968
268
Total incoming resource5
117937 149353 132027
Resources Expended
Wages and Salaries
Office costs and
administration
101,073 101,073 101,227
12,508 12,508
20,676
Expenses and training
Fundraising/Family Fund
Bank Charges
2525
2525
2242
4800
4800
62
94
94
78
4894
116 106 121000 124285
Net income for the year
Funds brought fornard at
1.4.24
8522
18,000
1831
28,353
7742
18,537
(8205)
31,795
8205
526 50,858
43,116
Transfer between funds/adjustment
Total funds as at 31 st March 2025
2357 79 211
All activities derived from continuing activities. There are no recognised gains or losses or other
movements in funds for the current period other than as stated in the Statement of Financial
Activities.

Home-start Cole Valley
BALANCE SHEEr
as at 31 st March 2025
2025
2025
2024
2024
Notes
Fixed assets
Tangible assets
Current assets
Debtors
Cash in bank and in
hand
79,211
51,106
Creditors
Amounts falling due
within one year
248
Net current asset5
Total assets less
current
liabilities
50.858
Funds
Unrestricted funds
Designated funds
Restricted funds
10,332
58,000
2357
18,537
31,795
526
50.858
The directors have taken advantage of the Companies Act 2006 in not having these accounts audited
under Section 477 (1). No members have required the company to obtain an audit of its accounts for
the year in question in accordance with section 476.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting
records which comply with 5386 and s387 of the Companies Act 2006 and for preparing accounts
which give a true and fair view of the state of affairs of the company as at 31 March 2020 and of its
profit for the year then ended in accordance with the requirements of s396 and which comply with the
requirements of the Act relating to the accounts so far as applicable to the company.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act
2006 applicable to companies subject to the small companies regime.
Signed and approved o
behalf of the Board:
Director"...
Neisa Reid
Treasurer
Date..

Home-start Cole Valley
Accounting Policies
(a)
Basis of preparation
The charity constitutes a public benefit as defined by FRS 102. 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 Standard applicable in the UK IFRS 102) issued
on 16 July 2014 as amended by Bulletin I, the Financial Reporting Standard applicable
in the UK (FRS 102). the Charities act 2011 , the Companies Act 2006 and UK Generally
Accepted Practice as it applies from l January 2015.
The financial Statements are prepared on a going concern basis under the historic
convention, modified to include certain items at fair value. The financial statements are
prepared in sterling which is the functional currency of the charity and rounded to the
nearest £.
The significant policies applied in the preparation of these financial statements are set
out below. These policies have been consistently applied to all years presented unless
otheNise stated.
(b) Company status
The charity is a company limited by guarantee. The members of the company are drawn
from individuals who have an interest in the work of the Organisation. In the event of
the charity being wound up, the liability in respect of the guarantee is limited to £ I per
member of the charity.
(c)
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the
trustees in furtherance of the general objective of the charity and which have not been
designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees
for particular purposes. Restricted funds are funds which are to be used in accordance
with specific restrictions imposed by donors or which have been raised by the charity
for particular purposes.
(d)
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to
the income and the amount can be quantified with reasonable accuracy.
(e)
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all costs related to the category.
Fund-raising costs are those incurred in seeking voluntary contributions. Management
and administration costs are those incurred in connection with administration of the
charity and compliance with constitutional and statutory requirements.
81PaLye

Home-start Cole Valley
Notes to the financial statement continued
for the period ended 31.3.25
(f) Tangible fixed assets and depreciation
Tangible fixed assets costing more than £ 1000 are capitalised and included at cost including
any incidental expenses of acquisition.
Depreciation is provided at the following annual rates in order to write off assets over its
estimated useful life.
Fixtures and fittings
Computer equipment
over 5 years
over 3 years
2) Incoming Resources
Unrestritted Designated Restricted
2025
2025
2025
Total
2025
Donations/Fundraising
12.448
12,448
Birmingham Forward Steps
94,107 94,107
Grantsrfrusts
(Received for work to be
completed 2025-26)
18,000
23,830
41,830
Other income and bank interest
Bank interest
968
968
117937 149353
Net incoming resources for the period is stated after charging
Depreciation
91PagiL

Home-start Cole Valley
Notes to the financial statement continued
for the period ended 31.3.25
Office costs and administration
Total
2025
Total
2024
Events & AGM
Professional fees and Insurance
Rent & room hire
Equipment and maintenance
Office and promotion
Utilities
Fam ily fund/COVID Grants
Fundralsing
DBS
Bank charges
Other miscellaneous
2671
3294
274
4039
2200
5871
6000
299
3706
4800
62
4800
30
94
72
78
17402
20888
Expenses & Training
Staff & Committee training
Volunteers, support & training
Staff & committee expenses
Volunteers, expenses
107
48
270
1069
783
1618
787
2525
2170
Trustees, remuneration
None of the trustees have received any remuneration from the charity during the current
period.
Staff costs
Redundancy Costs
Salaries (net)
PAYE & NIC
Pension
9099
70844
13360
7770
101073
77023
14872
9332
101227
101 I'agie

Home-start Cole Valley
Notes to the financial statement continued
for the period ended 31.3.25
Fixtures &
fittings
Computer
equipment
Tangible fixed assets
Totals
Cost
Additions
at 37.3.25
Depreciation
Charge for period
at 31.3.24
Net book value
at 31.3.25
10
Debtors
Prepayments
Creditors
Deferred income
12
Designated funds
Family fund:
Funds raised to subsidise events for Home-start families
Reserves fund:
Balance of reserves currently stands at;
40,000
Project Fund:
Funds designated for 2025-26 Core work
18,000
IIIPagie

HOME-STAKf BIRMINGHAM COLE VALLEY
(A Company Umlted by Guarantee)
FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
INDEPENDENT EXAMINERS, REPORTTO THE TRusfEES OF HOME.sfART COLE VALLEY
I report to the charfty trustees on my examlnatlon of the accounts for the year ended 31" March 2025 whlth
are set out on the followln8 pages.
Responslbllltles and basis of report
As the charlty trustees of the company land also its dlrertors for the purpose of c(xnpany law) you are
responslble for the preparation of the accounts In accqydance vAth the requlrements of the Companles Act
20061lhe 21x16 ACV).
Independent examlnerf sLitement
I have completed my examlnation. I confirm that no matters have come to my attentkm In connectlon wlth
the examinatlon 8lvln8 me cause to believe that In any material iespect:
l. Accountlng records were not kept In respect of the company as requlred by sectlon 386 of the 2006
3. The accounts do not comply wfth the accountln8 requlrements of sertlon 396 or the 2006 Act other
than any requlrement that the accounts give a 'a true and falr whlch Is not a matter
consldered as part of an Independent examlnation. or
4. The accounts have not been prepared in accordance with the meth￿5 and wlndples of the
Statement of Recommended Flractice for accounting and reportlng by tharitles (appllcable to
charltles preparing thelr acuwnts In accordan￿ wlth the Rnancial Standard appllcable In the UK
and Republk of Ireland (FRS 102).
I have no conwns and have come acros5 no other matters In connectlon with the examlnation to which
attentlon should be drawn In thls report In order to wble a proper understanding of the accounts to
be reached.
Sally Bateman
79 Wltherford Wav
Selly Oak
Blrmlngham
829 4AN