**Charity number: 1108042 Company number: 05344214**
**Home-Start Mansfield (A company limited by guarantee)**
**Trustees' report and financial statements**
**for the year ended 31st March 2025**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees' report|**2 - 5**|
|Independent examiners' report|**6**|
|Statement of financial activities|**7**|
|Balance sheet|**8**|
|Notes to the financial statements|**9 - 18**|
## **Home-Start Mansfield (A company limited by guarantee)**
## **Legal and administrative information**
**Charity number** 1108042 **Company registration number** 05344214 **Registered office** 27 Albert Street Mansfield Nottinghamshire NG18 1EA **Trustees** Louise Grafton Alison Wright (Appointed 9th July 2024) Avrell Sheldon (Resigned 9th July 2024) Sara Beet Angie Card (Resigned 29th April 2024) Linda Gustard Jennifer McNicholas (Appointed 9th July 2024) **Senior Management Team** Hazel Platts Senior Organiser **Accountants** Adkin Sinclair LLP Sterling House 32 St John Street Mansfield Nottinghamshire NG18 1QJ
**Page 1**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31st March 2025**
The trustees present their report and the financial statements for the year ended 31st March 2025. The trustees, who are also directors of Home-Start Mansfield for the purposes of company law and who served during the year and up to the date of this report are set out on page 1.
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 the 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 and Republic of Ireland published in October 2019.
## **Objectives and activities**
## **Objects and Aims**
To safeguard, protect and preserve the good health, both mental and physical of children and parents; To prevent cruelty to or maltreatment of children:
To relieve sickness, poverty and need amongst children and parent of children;
To promote the education of the public in better standards of child care within the area of Mansfield District and environs.
## **Public benefit**
Offering support, friendship and practical assistance;
Visiting families in their own homes, where the dignity and identity of each adult and child can be protected; Reassuring parents that difficulties in bringing up children are not unusual and encouraging them to enjoy family life;
Developing a relationship with the family in which time can be shared and understanding can be developed. The approach is flexible to take into account the different needs;
Encouraging parent's strengths and emotional well-being for the ultimate benefit of the children; Encouraging families to widen their network of relationships and to use effectively the support and services available within the community;
The service is offered to any Mansfield family with a young child, who is experiencing some difficulty.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
**Page 2**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31st March 2025**
## **Achievements and performance**
Families visited; 34 Children supported; Under 5 - 46 Children supported; Over 5 - 28 New Volunteers recruited; 7 New Charity Shop Volunteers; 5 Mothers support by our in-house counselling program; 11
Approximately 50 families supported via our Elders and Toddlers Playgroups.New playgroup opened on the Bellamy Estate following funding via the Mansfield CVS. We now have four playgroups - funding from the National Lottery Awards for All continued.
## _Training offered and provided to staff and volunteers:_
Volunteer Preparation Course Safeguarding Update First Aid Healthy Families and perinatal mental health modules via HSUK The Survivors Program - Domestic Abuse Facilitator Training Safeguarding update Domestic Abuse - effects on children Stalking and Harassment
Following the completion of the domestic abuse training, the Home-Start Mansfield Charity Shop is now a 'J9 Safe Space' for survivors to use to request help and be able to safely contact specialist services. The sign is displayed in our shop window.
## _Events organised and facilitated free of charge to all supported families:_
Summer Trip to the Tropical Butterfly House, Sheffield Christmas party at Playmania, Chesterfield Road. The volunteers were taken to The Tap Haus restaurant for a Christmas meal.
The volunteers celebrated Volunteer Week in June having an afternoon at The Glazey Place.
## _Funding raised:_
We are grateful for support from: The National Lottery, Notts County Council LCF fund, BBC Children in Need, Steve Walker of Harry's Lad Bikes, Cllr Sinead Anderson, Albert Hunt Trust, JN Derbyshire Trust, Cadent, Mansfield CVS, Whittaker Trust, The Neighbourly Foundation, Mansfield DC, TK Maxx, Rima Faz Indian Restaurant, Oak Tree Tesco and our Mansfield community for their generous donations of items in our charity shop. We are also grateful for the continued support from the Coalfield Regeneration Trust with funding advice and also covering the cost of our domestic abuse training.
Thanks to Bradbury's, The Courthouse and Ron Curries for allowing us to have our charity collection tins in your venues.
**Page 3**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31st March 2025**
## **Financial review**
Our accounts remain healthy. The shop continues to perform well and regularly makes over £2000 per month. Many thanks to the National Lottery for the confirmed further year of funding to support our playgroups. Applying for core funding remains a struggle.
## **Policy on reserves**
The charity's policy on reserves is to hold three months running costs plus a contingency for redundancy.
## **Structure, governance and management**
## **Nature of Governing Document**
The charity is a company limited by guarantee and a registered charity. It is operated under the rules of its memorandum and articles of association dated 27th January 2005. It has no share capital and the liability of each member in the event of winding-up is limited to £1.
## **Recruitment and Appointment of Directors/Trustees**
The directors of the company are also charity trustees for the purposes of charity law and under the Company's Articles are known as trustees. Trustees are recruited by word of mouth among interested parties in particular when a skills gap is identified. Trustees are elected and co-opted at the AGM under the terms of the memorandum and articles of association.
## **Statement of trustees' responsibilities**
The trustees (who are also directors of Home-Start Mansfield for the purpose of company law) 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).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
**Page 4**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31st March 2025**
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
## **Louise Grafton Director/Trustee**
## **Date: 1st July 2025**
**Page 5**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Independent examiner's report to the trustees of Home-Start Mansfield.**
I report to the charity trustees on my examination of the accounts of Home-Start Mansfield for the year ended 31st March 2025 set out on pages 7 to 18.
## **Responsibilities and basis of report**
As the charity trustees of the company (and also the directors of the company for purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements 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 company's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a "true and fair view" which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 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 drawn in this report in order to enable a proper understanding of the accounts to be reached.
...........................................................
**Christopher Adkin Chartered Accountant Adkin Sinclair LLP 32 St John Street Mansfield**
**Page 6**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Statement of financial activities (incorporating the income and expenditure account)**
## **For the year ended 31st March 2025**
|**Unrestricted Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
2
64,770
30,119
Charitable activities
3
31,897
-
Investments
4
1,749
-
**Total income**
98,416
30,119
**Expenditure on:**
Charitable activities
5
97,537
24,595
**Total expenditure**
97,537
24,595
**Net movement in funds**
879
5,524
Total funds brought forward
87,311
5,286
**Total funds carried forward**
88,190
10,810||**2025**
**Total**
**£**
94,889
31,897
1,749
128,535
122,132
122,132
6,403
92,597
99,000||**2024**
**Total**
**£**
69,601
29,917
20
99,538
100,234
100,234
)
(696
93,293
92,597|
|---|---|---|---|---|
||||||
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
**The notes on pages 9 to 18 form an integral part of these financial statements.**
**Page 7**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Balance sheet As at 31st March 2025**
|**Notes**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
12
**Net current assets**
**Net assets**
**Funds**
13
Restricted income funds
Unrestricted income funds
**Total funds**|**£**
2,592
117,644
120,236
)
(21,715|**2025**
**£**
479
98,521
99,000
10,810
88,190
99,000|**£**
2,721
99,971
102,692
)
(10,664|**2024**
**£**
569
92,028|
|---|---|---|---|---|
|||||92,597|
|||||5,286
87,311|
|||||92,597|
For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Trustees' responsibilities:
* The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
* The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements were approved by the board on 1st July 2025 and signed on its behalf by
## **Louise Grafton Director/Trustee**
**The notes on pages 9 to 18 form an integral part of these financial statements.**
**Page 8**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **1. Summary of significant accounting policies**
The charity constitutes a public benefit entity 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 and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.
The principal accounting policies applied in the preparation of these financial statements are set out below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Basis of accounting**
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.
## **1.2. Cashflow**
The charity has taken advantage of the exemption in the Charities SORP 2019 from the requirement to produce a cashflow statement.
## **1.3. Fund accounting**
Funds held by the charity are either:
* Unrestricted funds - these are funds which are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
* Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
* Restricted funds - these are funds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or where funds are raised for particular restricted purposes.
## Transfers between funds:
Where permitted, the release of restricted funds to unrestricted general or designated funds may be made at the conclusion of a restricted activity. General unrestricted funds may be transferred at the discretion of the trustees to assist in supporting a particular activity.
**Page 9**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **1.4. Income recognition**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
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 sufficient reliability.
## **Donations and legacies**
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 performance by the charity before the charity is entitled 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 charity and it is probable that these conditions will be fulfilled in the reporting period.
Investment income is included when receivable.
## **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 performance 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.
## **Gift Aid**
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
Other incoming resources from charitable activities are accounted for when receivable.
Activities for generating funds are accounted for when receivable.
## **1.5. 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.
## **Charitable activities**
Charitable expenditure comprises those costs incurred by the charity in the delivery of its 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.
**Page 10**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **1.6. Fixed assets**
## **a. Depreciation**
Depreciation is calculated using the reducing balance basis method at a rate of 25% per annum to write down the cost of fixed assets over their estimated useful lives. All fixed assets in excess of £500 are capitalised.
## **1.7. Leased assets**
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
## **1.8. Pension scheme**
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charged in the Statement of Financial Activities represent the contributions payable by the charity during the year.
## **2. Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
NCC Local Community Fund
18,212
-
Mansfield District Council
500
-
Mansfield CVS
-
2,261
National Lottery
33,307
-
Donations toward repair costs
-
-
Sundry donations
2,751
-
Summer Trip
-
-
Children in need
-
14,420
Forrester Trust
-
-
Local Giving.Com
-
-
Cadent grant
-
2,188
The Jones 1986 Charity
-
-
JN Derbyshire
3,000
-
Albert Hunt
6,000
-
Whitaker Charity
1,000
-
Awards 4 All
-
10,000
The Neighbourly foundation
-
500
S.Anderson
-
750
64,770
30,119|**2025**
**Total**
**£**
18,212
500
2,261
33,307
-
2,751
-
14,420
-
-
2,188
-
3,000
6,000
1,000
10,000
500
750
94,889|**2024**
**Total**
**£**
16,350
1,800
3,500
9,993
1,065
1,346
500
5,000
10,000
672
4,375
5,000
-
-
-
10,000
-
-|
|---|---|---|
|||69,601|
Income from donations and legacies was £94,889 (2024 - £69,601) of which £30,119 (2024 - £17,231) was attributable to restricted funds.
**Page 11**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **3. Income from charitable activities**
|**Income from charitable activities**|||
|---|---|---|
|**Unrestricted**
**funds**
**£**
Shop income
31,897
31,897|**2025**
**Total**
**£**
31,897
31,897|**2024**
**Total**
**£**
29,917|
|||29,917|
Income from Charitable activities was £31,897 (2024 - £29,917) of which £- (2024 - £-) was attributable to restricted funds.
## **4. Income from investments**
|**Income from investments**|||
|---|---|---|
|**Unrestricted**
**funds**
**£**
Bank interest receivable
1,749
1,749|**2025**
**Total**
**£**
1,749
1,749|**2024**
**Total**
**£**
20|
|||20|
Income from Investments was £1,749 (2024 - £20) of which £- (2024 - £-) was attributable to restricted funds.
**Page 12**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **5. Expenditure on charitable activities**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**Direct costs:**
Salaries and national insurance
69,611
18,875
Employer's NIC
41
-
Employer pension costs
1,496
-
Rates and utilities
538
-
Light and heat
4,688
-
Repairs, maintenance and equipment
352
-
Insurance
1,550
-
Refreshments
194
-
Legal and professional
69
2,110
Independent examination
1,200
-
Bookkeeping costs
403
-
Postage, stationery and telephone
1,086
-
Activities and events
2,151
500
Advertising and promotional
94
-
Depreciation
160
-
Sundry expenses
546
-
Travel and parking
1,616
-
Staff training
49
-
Volunteer travel and expenditure
518
-
Levy fees
1,075
-
Shop purchases and consumables
350
-
Shop rent
9,750
-
Neighbourly foundation
-
150
Playgroup expenditure
-
2,960
**Total**
97,537
24,595|**2025**
**Total**
**£**
88,486
41
1,496
538
4,688
352
1,550
194
2,179
1,200
403
1,086
2,651
94
160
546
1,616
49
518
1,075
350
9,750
150
2,960
122,132|**2024**
**Total**
**£**
69,300
-
1,113
521
4,378
1,917
1,319
272
638
1,200
324
774
2,371
108
190
681
1,445
19
497
548
97
9,750
-
2,772|
|---|---|---|
|||100,234|
Expenditure on direct charitable activities was £122,132 (2024 - £100,234) of which £24,595 (2024 - £12,517) was attributable to restricted funds.
## **6. Net income for the year**
|**Net income for the year**|||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Net income is stated after charging:|||
|Depreciation and other amounts written off tangible fixed assets|160|190|
**Page 13**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **7. Employees**
|**Employment costs**
Wages and salaries
Social security costs
Pension costs|**2025**
**£**
88,486
41
1,496
90,023|**2024**
**£**
69,300
-
1,113|
|---|---|---|
|||70,413|
No salaries or wages have been paid to the trustees. Expenses of £Nil (2024: £Nil) were reimbursed. No employee received emoluments of more than £60,000 (2024 : None).
## **Number of employees**
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
|
Employees
Trustees|**2025**
**Number**
7
5
12|**2024**
**Number**
6
4|
|---|---|---|
|||10|
## **8. Pension costs**
The company operates a defined contribution pension scheme in respect of its employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and was as follows:
||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Pension charge|1,496|1,113|
## **9. Taxation**
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
**Page 14**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
|**Fixtures,**
**10.**
**Tangible fixed assets**
**fittings and**
**equipment**
**£**
**Cost**
At 1st April 2024
4,072
Additions
70
At 31st March 2025
4,142
**Depreciation**
At 1st April 2024
3,503
Charge for the year
160
At 31st March 2025
3,663
**Net book values**
At 31st March 2025
479
At 31st March 2024
569
**11.**
**Debtors**
**2025**
**£**
Prepayments and accrued income
2,592
**12.**
**Creditors: amounts falling due**
**within one year**
**2025**
**£**
Other creditors
21,715||**Total**
**£**
4,072
70
4,142
3,503
160
3,663
479
569
**2024**
**£**
2,721|
|---|---|---|
||||
||||
||||
||||
||||
||||
|||**2024**
**£**
10,664|
**Page 15**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **13. Analysis of net assets between funds**
|**13.**|**Analysis of net assets between funds**||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**|||**Restricted**|**Total**|
||||**funds**||**funds**|**funds**|
||||**£**||**£**|**£**|
||Fund balances at 31st March 2025 as represented by:||||||
||Tangible fixed assets||479||-|479|
||Current assets||97,239||22,997|120,236|
||Current liabilities||(9,528|)|)
(12,187|)
(21,715|
||||88,190||10,810|99,000|
|**14.**|**Unrestricted funds**|**At**||||**At**|
|||**1 April**|**Incoming**||**Outgoing**|**31 March**|
|||**2024 **|**resources **||**resources**|**2025**|
|||**£**|**£**||**£**|**£**|
||Unrestricted funds|87,311|98,416||)
(97,537|88,190|
**Page 16**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
|**Restricted funds**
BBC Children in Need
In home therapy fund
Playgroup grant
Summer trip fund
Cadent (centre for warmth)
New Playgroup fund
Baby Bank|**At**
**1 April**
**Incoming**
**Outgoing**
**2024 resources resources**
**£**
**£**
**£**
-
14,420
)
(9,959
2,910
750
)
(2,110
1,876
10,000
)
(11,876
500
-
)
(500
-
2,188
-
-
2,261
-
-
500
)
(150
5,286
30,119
)
(24,595|**At**
**31 March**
**2025**
**£**
4,461
1,550
-
-
2,188
2,261
350|
|---|---|---|
|||10,810|
## **15. Restricted funds**
## **Purposes of restricted funds**
## **BBC Children in Need**
Funding toward staff costs of a rapid response worker.
## **In home therapy fund**
Funding to support private in home therapy counselling.
## **Playgroup grant**
Funds for playgroup.
## **Summer trip fund**
Funds for summer trips in 2023 and 2024.
## **Cadent (centre for warmth)**
Funding in support of the playgroups being centres for warmth.
## **New Playgroup fund**
Funding from Mansfield CVS specifically for establishing a new paygroup.
## **Baby Bank**
Funding from The Neighbourly Foundation toward the cost of providing the baby bank services.
**Page 17**
## **Home-Start Mansfield (A company limited by guarantee)**
## **Notes to the financial statements For the year ended 31st March 2025**
## **16. Financial commitments**
At 31st March 2025 the company had annual commitments under non-cancellable operating leases as follows:
||**Land and**|**buildings**|
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|**Expiry date:**|||
|Within one year|9,750|-|
|Between one and five years|-|9,750|
||9,750|9,750|
Property lease is covering 3 years with the lease expiring on 31st March 2026.
## **17. Company limited by guarantee**
The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
**Page 18**