Annual Report and Financial Statement
1 April 2024 to 31 March 2025 S K 3 Our Mission: To be there for parents when they need us _ South & Our Vision: Supporting parents to create stronger families ’ D
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Report of the Board of Trustees
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The Board presents its report and = a
financial statements for Home-Start ae | “ y sian SE
South and West Devon for the year ates ai % = -
ending 31 March 2025. The Trustees a |. y _. Pal ae
have adopted the provisions of the Me My - wee ¥ loa =
Statement of Recommended Practice fF o> SOLS ae y
applicable to charities preparing (jes Bs &S
their accounts in accordance with the SS 2 -
Financial Reporting Standard a) .
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applicable in the UK and Republic of Ireland (FRS102) (effective January 2019). The company being incorporated on 12™ January 2005 and having extended its extended its accounting reference date to 31* March. It has no share capital and is a registered charity with the guarantee of each member being limited to £1. The governing document is the Memorandum and Articles of Association of the company and the members of the Board of Trustees are the Directors of the Company.
Name of Charity:
Home-Start South and West Devon 1108077
Charity Registration No: 1108077 Company Registered No: 05331020 Principal & Registered Office: The Rees Centre, Mudge Way, Plympton, Plymouth, PL7 2PS
Board of Trustees and Directors:
Diane Jones — Chair
Mary Tayler — Vice Chair
David Monk — Safeguarding Advisor
Barbara Watson (appointed 2nd Dec 2024) . . GAZ Lorraine Fletcher-Obonyo yo (app(appointed 2nd Dec 2024 ) eg
Bella Westlake - GDPR lead (resigned 16th Dec 2024)
Sue Stiles - (resigned 26th September 2024)
Helen Wilkinson - (resigned 26th September 2024)
The following serves on the Management Committee in an advisory capacity but is neither a member nor a Trustee:
Andrea Chandler CEO — to whom strategic management of the Charity is delegated Zoe Bell Scheme Manager — to whom the day-to-day management is delegated
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re)
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e Its Bankers and Accountants are:
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CAF Bank Limited and CCLA - Bankers
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ee, ® Morgan Accountants Ltd - Accountants and
prepare Audit Exemption Report
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Structure, Governance and Management
The articles provide that the trustees shall number from four to twelve and that one third must retire at each AGM. All Trustees are members of the Charity along with the other representatives on the Management Committee as set out above. Trustees are normally appointed following a three stage recruitment process (application form, interview and shadowing). All are handed a copy of the Memorandum and Articles of Association and a Trustee Handbook. They undertake an induction including attending a volunteer Preparation Training Course. Further training is offered internally, through Home-Start UK and other local third sector support organisations.
The Charity is affiliated to Home-Start UK who provides the broad spectrum within which the charity operates and who monitor performance against set criteria.
The Trustees have delegated day to day management of the Charity to its CEO and Scheme Manager who report on the performance to the Trustees or as necessary to the Chair. The Trustees meet regularly and normally at not less than 8 weeks intervals, receiving reports from the Scheme Manager and CEO, and updated accounts showing performance to date against budget and forecast management accounts.
Risk Assessment
The Trustees review annually an assessment of the risks to which the Charity is exposed, operational and financial and have introduced procedures and reporting regimes to manage and reduce the identified risks. Trustees have agreed clear lines of delegation and authority to staff and have involved all staff and volunteers working within the organisation in recognition of risk in all their activities.
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Management and Staffing
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The charity operates with a part-time CEO, full-time Scheme Manager, one full-time and two part-time Coordinators, a full-time Office Manager and a part-time administrator. The remaining work is undertaken by forty nine volunteers who provide support to families for up to two hours per week and by the Trustees Trustees Responsibilities Company Law requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the company and of the income and expenditure of the company for that year. In preparing these financial statements the Trustees have: e Selected suitable accounting policies and applied them consistently e Made judgments and estimates that are reasonable and prudent e Followed applicable accounting standards and_ statements’ of recommended practice without material departure or, otherwise stated the reason for such departure
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e Prepared the financial statements on the going concern basis
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The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Objects and Activities The principal object is to safeguard, protect and preserve the good health, both mental and physical of parents and their children. The core service is to offer befriending and mentoring support to parents who are experiencing difficulties. This is done primarily in the family home and_ local community but also via digital means (text, audio and video) or a hybrid mixture of both. We also deliver targeted group work to support families including reducing parental conflict programmes, peri-natal support, and support for Triservice families.
Quote
“I just want to send a massive thank you to HomeStart team. They are amazing. The fact the volunteers give up their time for free to help people like me is so great and life changing.”
Our Reach Where We Deliver
270
Received referrals
*referral were closed for 3 months due to lack of volunteer capacity
223
Families / individuals supported
AREAS REACHED
Wider Devon West Devon 12.7% 7%
45%
Torbay 20.1%
DELIVERY METHOD
% of our delivery has been digital (only ) in the fourth year of this project.
Plymouth 49.6%
Survey Results Headline Stats
Taken from beneficiary and volunteer survey results.
100%
of beneficiaries said they felt listened to.
Achievements and Programmes Impact in Numbers 2024 -25
Volunteer Hours Support 12,000
Support packages delivered 223 92% of participants made progress (using our 0-5 assessment tool)
The Charity was successful in obtaining a grant from Blg Lottery Community Fund.The grant provides partial funding from March 2021 for 5 years. This year was year 4 and match funding has been secured until March 2026. We are actively pursing funding from April 2026 but will be using some of our reser4es in this year. We have continued to dlversifying our funding to create long-term sustainability. Our CIC continues to make a modest contribution to funding. We have been able to accumulate significant reserves which wlll protect the delivery for the next year. Reserves Policy The Charity aims for a reserve fund equivalent to a minimum of 6 months running costs. On behalf of the Board of Trustees by the Chair Signed; . t)iéW£ fvJ£S Date:
Home-start South and West Devon Limited A Charitable Company Limited by Guarantee No 05331020 Registered Charity No. 1108077 Annual Report and Financial Statements for the year ended 31 March 2025
Home-start South and West Devon Llmlted Annual Rèport and Financial Statements Contents Page Report of Ihe Board of Truste88 Independent Examiners, Report Statement of Financial Aclivit16S Balanc& sh86t Notes to the Financial Statements 4t08
Homorystart 8outh and W•Bt Devon Llmll•d Independont •xamln8rs rnport on tho unaudltod account• to th• Hom•.Start South and W•8t D•von Llmltod I report on the account6 of the Charlty for Ihe ar arKled 31 March 2025 whlch are 88t out on pages 2 to8. RoSP•Ctlv• rn8pon•lbllltlo• of tru8to•• and •xamln•r The INstee8 (who Bre a180 the dlrector8 of the company for the purp03e8 of company law) ar8 r88ponslbla for the preparatlon of the accounts. Th8 truste88 con81der that an audll18 not required f(Y thls year under secllon 144(2) of the Charllles Act 2011 (th9 2011 Act) and that an Independent examlnatlon18 needed. Havlng satlsfled myEelf that an audlt18 not requlred under company law and that tho compary 18 ellglbl8 for Independent examlnallon, It Is my r8sp)n81blllty to: ex8mlne the accounts under 8ectlon 145 of the 2011 Act,. follow Ihe procedures lald down In general Dlrectlon8 glven by the Charfty Comml881on under sectlon 145(5)(b) of Ihe 2011 Act; and Stat? whether partlcular matter8 have come to my attentjon. Ba818 of Independent oxamln•rf8 roport My examlnatlon was carrfed out In 8ccordan¢8 wlth General dlr•don8 gfven by the Charity Commls81on. An examlnatlon includ93 a revlew of the accounung record6 kept by Ihe charlty and comparlson of the accounts pre88nled vllh th088 record3, It 8180 Indude8 consklerauon of any unu8ual Item8 or dlsdosures In th8 accounts, and 88eklng explanatlon8 from a8 trustees concemlng any Buch matters. The procedures undertaken do not provlde 811 the evklence that *Duld be requlred In an audll, arKI consequentty rK) oplnlon 18 glven a3 to vh)8th8r th8 accounts preaenl 'tru8 and falr vlavf and the r8port Is Ilmlled to th08e matters set out In th6 8tat8ment below. Indopondant examlnorfs 8tat•m•nt In connectlon wlth my examln8llon no matter ha8 come to my attention: 1) whlch glves me reasonable cau88 to belleve Ihat In any rnaterlal re8pecl tho requlr•monts . - to keep accountlng re3 a¢cordanGe wlth sectlon 386 of the Companles Act 2006 and - to prepare acccmjnts whlch accord wlth the aCcjnt1ng records and to comply wlth Sectlon 398 of Ihe Companles Act 2008 and 1th tho methods and prfnclples of the AccountlTha 8fKI Reportlng by Charllles: Staternenl of Recommerrfled Practlce appllcablo to charftl88 preparing their accounts In acCdanCe wlth the Fln8n¢ial R8POrtlng Standard appllc8ble In Ihe UK and Republlc of Ir•land (FRS 102) {eff6ctlve 1 January 2019) have not been met,. or 2) to wfil accounts In my oplnlon, attentlon 8hould be drawn In order to enabl8 a proper understandlng of t DJCO on b8haN of: Morgan ntants Llmlted Duke Court Brklge Streel Klngsbrldge Devon TQ71HX Dated.
Home-start South and West Devon Limlted Statement of flnanclal actlvltles for the year ended 31 March 2025 Unrestrlcted Funds Total 2025 Total 2024 Notes Reslricted Income from: Incomlng resoU¢S from donors Gift aid and covenants Voluntary income Grants Donations 191,636 191,636 6,137 181,004 12,485 6,137 Charitable aclivities 2,611 2,611 5,077 Investment income 1,941 1,941 1,944 Total income 10,689 191,636 202,325 200,510 Expenditure on: Charitable activlties Fund raising costs Charitable actlvltles 88,620 170,183 258,803 250,365 Total expènditure 88,620 170,183 258,803 250,36S Net incom8 (77,931) 21,453 (56,478) (49,855) Transfets be•een funds (1,357> 1.357 Net movement in funds (79,288) 22,810 {56,478) {49,855) Reconclllatlon of funds Total funds brought forward 1 April 2024 228,544 1,102 229,646 279,501 Total fvnds carried forward 31 March 2025 149,256 23.912 173,168 229,646 All Income and expendlturo has arl8en from continulng actlvltles. The notes on pages 4 to 8 form part of these financial ststements
HomO•Start South and West Dovon Llmltsd Balance Sheet a8 at 31 March 2025 Company number 05331020 Unrn•trlct•d R••trlctod Fund• Fund• Not•• 2025 2024 Current a88ats Sundry debtorn and prepayrynents C88h at bank and In harxl 9,192 151,815 161,007 2,849 31,051 33,gOO 12,041 2,917 182,886 248,264 194,907 261,181 Currnnt Ilabllltlo8 Credltoro: amounts falllng due wlthln one yr 6,089 6,089 21,635 Not current assots 181,007 27,811 188,818 229,64fj Not a880ts 181,Crf)7 27 811 818 229,646 Fund8 of Iho chadty Re8trf¢ted fund• 27,811 1,102 Unrnstrlctod fund8 Deslgnated fvnds Alxumulated fvrKI 33,000 128,007 228,044 Total Charfty Funds 188 818 229,646 The trustees are $811sfled that the company Is entitled to exemptlon frNn the fequlrement lo obtaln an audlt urKler Sectlon 477 of Companle8 Act 2008, T members have requlreAJ the company to obtaln an audlt In ac¢ordanc8 wlth s8cOon 476 of the Act The tru8t*B a(tledge thdr responslblllues for CoMplr0 vAth the rtyulrwnents d the Companies Act 2008 vAth r88pect to aCcntIng record8. The trustees ackn¢MI8dge thelr r98pon8lbllltle8 far preparlng flnandal stalements whlch glve a true and falr VI of the stat8 of affalrs of th8 company as at the end of each flnandal year arKI of ts profit or loss for each flnanclal y6ar In actordance wtth the requlrements of Secllons 394 and 395 and whlch otheTrvts8 c#)mply th8 ruIrements of the Compan188 Act 2fY)6 relaljng to lln8nclal 8tstem8nts, 80 far as aPkable to the company. Dlane Jon68 Chalr The notes on pages 4 to 8 fom part of th8se flnanclBI 8tat8m8nts
Homo-start South and West D8von Limited Noles to the Financial Statements for the year ended 31 March 2025 1 Accounting pollcies Accounting convention The charity constilules a public benefit entity as dgflned by FRS 102. The flnanclal statements have be@n prepared under the historical cost convention in accordanca wlth the Charitles SORP (FRS 102)'Accounting and Reporting by Charllles, Slatsmenl of Recornmend8d Praollca applicable to charttlgs preparlng thelr accounts in accordance with the Financial Repcrting Standard applicabl@ In the UK and Republlc of Ireland (FRS 102) {effectlv& 1 January 2019) Flnanclal Reportlng Standard 102 'The Flnanclal Reporting Stsndard applcable In thg UK and Republic of Ireland, the Charltles Act 2011 and the Companiés Act 2006 exc&pt so far as all capltal èxpandlture Is wrltten off In the accounts in the year of purchase. Income AEI Incomlng r&sour¢es are Included in the SOFA when the charity is16gally 8ntitlad to the Incom8. DonaÉ8d services and facilitl8s ar& Included at the value to the charlty where this can b& quanllfled. The value of services provided byvolunt88rs has not been Included in these accounts. Expendlture All resources expended is accounted for on an accrual basis and ar8 Included on the SOFA. Expendilura Includes any VAT whlch cannot be fully recovered, and is reported as part of the expendlture to which Yc relates. Volunteer help The value of any voluntsry help received is not included In the accounts but Is descrlbed In the tru5tees' annual report. Taxatlon Tha charity Is exempt from corporation tax on Its charitable activities. Funds Unrestiicted - the Charitys general fund is to be Used for the purposes of the charlty and Is not subj8ci to any restriction as to its Use. Designated - r8pr8S8nts monigs $8t aside from th& unrestrlcted thnds for speclfic purposes, although such funds can b6 us8d for any purpos8 of Ihe Charity. No funds have been allocated to thls fund. Restricted funds - these funds ar8 only to be used for the operatlng costs of the charity as set out in Ihe varlous grant applications. The funds ar8 shown In note 9 Penslon costs The charitable company operates a definad contribution scheme. Contributlons payable to the tharit&bl6 companys pension scheme ar& tharged to the Ststement of Flnanclal Activities in the perfod to which they relat8. 2 Grants and donalions Unrestrlcted R6Strlcted Funds Funds 2025 2024 Donatlons 6.137 6,137 12,485 Grants Big lottery Fund Grant 99,636 92,000 99,636 92,000 71,004 110,000 6,137 191,636 197,773 193.489
Home.Start South and West Devon Llmlted Notes to the Flnanclal Stat8menls for tho y8ar ended 31 MarGh 2025 3 InvlMent Income 2025 2024 Deposit account Int8resl 1.941 1,944 4 Charltable Expenditure Unrastrlctod Restrlcted Funds Fund5 2025 2024 Famlly vlsltlng Family support group Salari8S Redundancy paymgnt Termination paymant Incr8889 in redundancy provlslon Employers NIC Employment allowance Employer p6nsion costs Recruitment staff and volunteers Contract labour Tralnlng Travel costs and expenses Offlce expenses Rent Insurance Prlntlng, statlonery and advertlslng Miscellaneous Office and Computer equipment Computer and Soare support Website development ank charges 307 2,421 2,728 3,287 3,500 188,290 47,536 19,250 7,500 13e,173 183,709 19,250 7,500 9,251 16,973 (5,0001 4,375 16,661 (5.000) 3,763 16,661 (5,000) 3,763 200 200 1,617 847 84 682 5,480 475 2,299 6,327 559 3.070 8,144 60 1,112 1,325 823 337 4,578 324 939 228 1,798 796 469 3,717 468 1,167 2.488 935 919 3,953 450 236 60 7g,855 168,131 247,986 241,001 Costs of charitab16 activ1e$ for 2024 was £241,001 of whlch £9.311 was attrlbuted to unr8strlcted funds and £231,690 was attributed to reslrlcted funds. 5 Governance c08ts Unre$triclgd Restrlcled Funds Funds 3,185 424 1.38D 2025 2024 Afflliallon fees Independent examlner's fees Trustees, travel Trustees, Iralning Legal and professlonal fees Evaluation of Blg Lottery Project 3,609 1,380 108 4,266 1,530 268 108 2.000 2.200 420 1,100 2,420 3,300 3,300 8.765 2.052 10,817 9,364 Governance Gosts for 2024 was £9.364 of which all was attributed to restricted funds.
Home-start South and West Devon Limited Notes to the Flnanclal Statements for the year ended 31 March 2025 6 Debtors 2025 2024 Debtors Pr8payments Olher debtors 9.192 849 2,000 12,041 917 2,000 2,917 7 Cash at bank and In hand 2025 2024 COIF charities deposlt account CAF bank 31,659 151,207 182,866 30,164 218.100 248,264 8 Credltors: amounts falllng due wlthin one year 2025 2024 Trad8 creditor8 Redundancy provision oth8r cr8ditors and 8ccruals 2.308 18.000 1,431 21,739 2,184 18,000 1,351 21,535 9 Pjtovament of funds Transfgr b8Éw8èn Balance fund5 31 March 2025 Balance Incomlng Resources 1 Aprll 2024 resources expended Unrestricted 228,544 10,689 88,620 <1,357 149,256 Restricted Restricted Funds Children In Need The Big Lottery Fund RNRMC RPC Fund Awards for all- lottery 1,102 54,838 15,000 92,000 10.250 19,S50 191.636 157,2951 {7.078) 192.000} (10,250) 3,560) 170.183 1,357 7,922 15,990 23.912 1,102 1,357 Total funds 229,646 202,325 258,803 173,168 All fvnds notsd above. aside from the 'unrestrictad' funds, have Ilmltations a5 to how the funds can be applied and are restrlcted funds. These restricted funds arlse b8caus8 the donors have Ilmited their us8 to specific projects, wlthin the stated objects of the Charity. Th@ unrestrlcted funds may be appli6d by the Trustaes in any manner thin the slated objecls of the Charlty.
Home-start South and West Devon Llmlted Notes to the Flnancial Stat8ments for th8 year ended 31 March 2025 Movernent of funds . comparative year Balance Incomlng Resources 0110412023 r8sourca$ expended 218,349 19,506 (9,311) 21,845 15,404 (38,147) Transfer b8twe6n Balancè funds 3110312024 228,544 1,102 Unrestrfcted Restricted Lottery Extenslon A Henry Smith EDP Twln DWP rhe Big Lottery Fund RNRMC RPC Fund 2,000 15,491 2,000 30,000 <45,4911 {2,000} 110,000 25,600 {110,0001 (47,416) 21,816 279,501 200,510 250,365) 229,646 10 Controlling party and company status The Charity is a company limit8d by guarantee and is controlled by the Trustees named on th8 Trust8gs Report. In the event of the Charity being wound up, thg liability in raspect of the guarantee is limited to £1 per m8mber of the charlty. 11 Related Party Transactlons Therg were no r81atgd paty Iransactlons for the year ended 31st March 2025. 12 Blg Lottery Fund Grant- restrict&d fund8 Included within Incoming Resources ar8 the following amounts received from Big Lottery Fund. This Income represents restricted funds. 2025 2024 Big Lottsry Fund grant 92,000 110,000 Amounts Included in incoming r&8ourc88 92,000 110,000 13 Truslee remuneration and expenses No Trustee received any r8muneration durlng the year. Incldental expenses were paid to trustaes In th8 year, these amount to less than £1,000.
Hom8-Start South and We8t Devon Limited Notes to the Financial Statements for the year ended 31 March 2025 14 staff costs 2025 2024 Salarles Redundancy and termlnatlon costs Increase in redundancy provlslon Employe¢s NIC Panslon contrlbutlons 183,709 26,750 188,290 9,251 11,973 4,375 213,e89 11,661 3,763 225,883 Avaraga number of staff No employaas eamed over £80,000 per annum. Gen8ral fundg Restricted funds 15 Analysis of net assets between funds Total funds Current assets Current Ilabilities 167,256 <18,000) 27.851 (3.739) 194.907 {21.739) Net assets 149,256 23.912 173.168