REGISTERED COMPANY NUMBER.. 05371352 (England and Wales) REGISTERED CHARITY NUMBER: 1108497 Report of the Trust¢¢$ and Unaudlted Flnanclal Statements for the Year Ended 31 Mar¢h 2025 for Home-start Fllntshlre Salisbury & Company Chartered Accounlanls Irish Square Upper Denbigh R08d Sl Asaph Denbighshire LL17 ORN Home-start Fllntshire Contents of the Financlal Statement$ for the year ended 31 March 2025 Page Report of the Trustees Independant Examlner's Réport Statomont of Flnanclal Aetlv11168 Balance Sheet Not¢s to th8 Flnanclal Statements 7 10 15 Detalled Statement of FlnanGlal A¢tlvltle$ 16 Home-start Fllntshlre Report of the Trustees for the year ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the finan¢ial statements of the charity for the year ended 31 March 2025. The Iruslees have adopted the provisions of Accounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance V￿th the Financial Reporting Standard applicable In the UK and Republic of Ireland {FRS 1021 leffeclive 1 January 2019). OBJECTIVES AND ACTIVITIES Ethos Home-start believes Ihal childr8n need a happy and secure childhood and that parents play the key role in giving children a good start Sn life and in helping them to achieve their full polentSal. Home-start Flintshire offers informal, friendly supporl lo parents wlh al least one child under Ilie age of eleven. Trained volunteers, who have experience of parenting or caring, offer support, friendship, and praclical help. Our SL¢PPOrt is tailored to each family by listening to what mallers to them. A bespoke and flexible packag8 of support is then created and targeted lowards the family's specific needs. Oblecllves and alms The objectives and aims of the charity are as follows.. 1. To safeguard, protect and preseNe the good health, both mental and physlcal of children and the parents of chlldren. 2. To prevent cruelly lo, or mallreatmenl of chlldren. 3. To relleve slckness, poverly and need amongst ohildren and the parents of chlldren. 4. To promote the educallon of beller standards of ¢hlld¢are wlthln the counly of Fllnlshlre ACHIEVEMENTS AND PERFORMANCE Home-slart Flinlshire received 115 referrals for 1-1 support and supported 219 families across our servlces. 53 families received home visilingltelephone support 133 families allended groups Thos8 famili88 that did not progress lo dlrecl support recelved Indlr8cl help e.g th6 Ilnk lo our website and Padlel or advlGe and support Including signposting. 72 Familles allended our Slay and Play sessions 21 Families allended Bump, Baby & Me sesslons 12 Famllles allended our Pr8m Walks 23 Families allended our Tumble & T818s sessions 6 Famllies allended our Baby Massage course 7 Families allended our Dad Mallers pilot sessions 6 Familles attended our School Readiness Pilot sessSons110 sessSonsl Wo also held an Easter Event, varlous summer events and a Family Chrislmas event. VOLUNTEERS AND STAFF In the year to 31 March 2025 our volunteers gave 2,610 hours of their lime. By the end of the year, we had a slalf team of 9.. Scheme Manager, Scheme Co-ordinator, Project Co-ordinalor, Project & Finance Officer, Volunteer Co-ordinator, 3 x Family Support Co-ordinalors and l Group Aclivily Worker. FINANCIAL REVIEW The charity is funded through slalulory sector grants lo cover some staffing, adminislralive, management and volunteer costs. The remainder of the annual costs are raised through grant application$, local fundraisin9, and donations. The viability of the organisalion for the Financial Year 2025-26 is secure wilh a lolal of £191,000 already received or guaranteed from various contracts including.. FCC Families First £60,772, National Lotlery funding £81,506, Steve Morgan Foundation £37,442 and various other smaller granls or donations. The main financial commitments of the charily are slaff and property costs. Sufficient funds are held in reserves lo fund short term running costs and liabilities. Page 1 Home-start Flintshlre Report of the Trustees for the year ended 31 March 2025 FUTURE PLANS We review and update our 3 year Strategic Plan anrkually. The demand for our services from familles within the county of Flintshlre conlinues lo exceed our abilily lo supply. We sincerely hope lo be able lo reach more families and expand our range of services during the three year period of the plan. However, key lo this planned expansion will be our ability lo secure funding and develop our volunteer pool. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing do¢umenl, a deed of trust, 8nd constilules a Ilmiled company, limited by guarantee, as defined by the Companies Acl 2006. The charity was incorporaled as a limited company (by guarantee) on 21 February 2005. 11 Is governed in accordance with the Home-slart UK Agreement and is monitored within the Home-slart UK quality assurance process. The charily follows Home-slart UK 9uidellnes for the recruilmenl, appointment and Iralnlng of new Iruslees. Organlsatlonal structure Home-slarl Flinlshire Is governed by a board of voluntary Trustees who meet as a Board every three months. In interim months, tho Iruslees partlclpate in personnel and flnanco sub-group meelings. The day lo day management of the organisalion is delegated lo paid stall. Wldar network Embedded in the community, Home-start Flinlshire works closely with likeminded organisalions vla referral pathways and signposting. The charSty is a member of the Flinlshire Local Voluntary Council, WCVA, Parenting and Relationships In Flintshire Strategy Group and other mulli.agency groups, both slalulory and voluntary. Engaging wilh Home-slart UK, North Wales Home-slart schem8s and tho All-walos Network. Rlsk managemont The Iruslees have a duly lo identify and review the risks lo which the charity is exposed and lo ensure approprlate controls aro in placo lo provide reasonable assurance against fraud and error. Hom6-Slarl Flinlshire uses comprehensive sel of methods lo identify, assess and manage risk Including An 8lfective management and reportlng structure together ￿th a comprehensSve set of policies and procedures {Including financial managemenll wllh 8 defined process for Iheir review and revision. -A Strategic and Operational Plan whlch sel out organisallonal priorities and plans whlch are updaled annually. -A robust staff recruilmenl and appoinlmenl process and a staff supervisory and guidance slru¢lur6 including one-lo-on8 supeNision and annual appraisal. -The mainlenanco of insurance policies against identifiable risks -monitoring and reporting systems which measure and report outcomes agreed wllh funders. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Coinpany number 05371352 (England and Wales) Reglsterod Charlty number 1108497 Rogl$tar8d offlce Corlan Unil 3 Mold Business Park Wrexham Road Mold Fllntshlre CH7 1XP Trustees Mr8 J M Thomson Trustee Mrs C M Shoibani Trustee Mrs K J M'caw Chalr Mr R J Lloyd-Jon8s Trustee Mr M Mccormick Tr8asur6r Page 2 Home-start Flintshire Report of the Trustees for the year ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examlner Jason Malischok Salisbury & Company Chartered A¢¢ounlanls Irish Square Upper Denbigh Road Sl Asaph Denbighshire LL17 ORN Approved by order of tho board of trustees on and signed on ils behalf by.. Mrs K J M'Caw- Trustee Page 3 Independent Examiner's Report to the Trustees of HoMe￿tart Flintshire Independent examlner's report to the trustees of Home-start Fllntshlre {'the Companw) I report lo the charity Iruslees on my examinallon of the a¢¢ounts of th6 Company for the year ended 31 March 2025. Responslbllltles and basis of report As the charity's Iruslees of the Company {and also ils directors for the purposes ol company lawl you are responslble for the preparation of the accounts In accordance with the requirements ol the Companies Act 20061'lhe 2006 Acl'l. Having salislied myself that Ihe accounts of the Company are not required lo be audited under Part 16 of Ihe 2006 Act and are eligible for independent examination. I report in respect of my examination of your charily's accounts as carried out under Section 145 of the Charities Act 2011 {'Ihe 2011 Acl'l. In carrying out my examination I have followed the DireGlions given by the Charily Commission under Section 145{5) {b) of the 2011 Act. Independent Oxamlnerts statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examlnalion because l am a member of the Inslilule ol Chartered Accounlanls In England and Wales, which is one of the listecs bodies. I have compl8led my examinallon. I confirm that no mallers have come lo rny allenlion in connection with the examination giving me cause lo believ6'. accountlng records were not kept in respect of the Company as requlred by Section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do nol comply with the 8¢counling requirements of Secllon 396 of the 2006 Acl other than any requSremenl that the accounts give a true rind fair view which Is not a maller considered as part of an independent examlnalion,, or the accounts have not been prepared in accordance wlh the methods and prlnclples of the Slalemenl of Recommended Practice for accounllng and reporting by chari1Ses lappllcable lo charities preparing their accoynls in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland 23,682 19,151 TOTAL FUNDS 119,(J67 110,682) 108,385 Net movement in funds, Sncluded In the above are as follows.. Incorning resources Resources expended Movemenl In funds Llnrestrlct8d funds Unreslricled Roserves111 3,875 15,1321 11,257) Restrl¢ted funds WCVA.. Maln Grant Peoples Poslcode Trust The Steve Morgan Foundation Nation81 Lollery Community Fund.. Awards for All Families FSrsl Children in Need Zenlral VOLANT Voluntary Organisalions The Henry Smith Foundation Nalional Lottery Community Fund: Main Grant Home-slart UK Garfield Weslon Gwynl Y Mor Community Foundation Wales Money Supermarket 22.500 125,1931 1561 (29,3761 12,6931 {561 10 29,386 9,998 60,772 {9,331 } 161,4651 19761 17,2821 192) 16,4531 159,7191 667 {693) {976) 17,0781 {92) 36 282 204 6.489 60,001 105,546 9,000 6,667 8,724 1,000 1,000 1111,512) 18,9871 {5,966) 13 6,667 15461 1,000 19,2701 {1,000) 321,287 (330,7121 19,4251 TOTAL FUNDS 325,162 {335,844) {10,682) Page11 continued. Home-start Fllntshire Notes to the Financial Statements - continued for the year ended 31 Marcli 2025 13. MOVEMENT IN FUNDS- continued Comparatlve$ for movement In funds Nel movement in funds Transfers between funds At 3113124 Al 114123 Unrestrlcted funds General fund Unrestricted ReseNes11 } Unreslricled Reserves {2) 6,824 41,575 75,133 31 12,655) 6,855 32,185 75,133 16,7351 123,532 12,6241 {6,7351 114,173 Restrlcted funds WCVA., Main Grant Peoples Poslcode Trust National Lollery Community Fund., Awards for All Families First Children in Need Zenlr81 Helping Worklng Families VOLANT The Henry Smllh Foundation 281 11591 56 122 56 1,572 7,382 2,688 2,788 2,503 275 386 16.2261 11,2781 19.5231 {2,5031 11141 31 1,958 1,156 1,410 6,735 161 31 17.489 119,3301 6,735 4,894 TOTAL FUNDS 141,021 (21,9541 119,067 Comparallve nel movement In funds, included In the above are as follows.. Incoming resources Resources expended Movement n funds Unr¢strlcted funds General fund Unreslricled ReseN8s {11 31 {5,8011 31 12,6551 3,146 3,146 (5,7701 12,6241 Restrlcted funds WCVA,. Main Grant Peoples Poslcode Trust National Lollery Community Fund.. Awards for All Families First Children in Need Zenlral Helping Working Familles VOLANT Voluntary Organisalions The Henry Smith Foundation 24,377 24,999 124,5361 124,9431 {1591 56 97.235 60,772 196,8491 (66,9981 (1,2771 {10,2961 (2.5031 11151 16.4901 (59,9671 386 {6,2261 {1,2781 19,5231 12,503} {1141 773 6,490 59.998 31 274,644 1293,9741 119,330) TOTAL FUNDS 277,790 1299,744) 121,9541 Fllntshire County Council - Famllles Flrst A further twelve-monlh contract extension until March 2025 to support 50 families and malntaln a pool of 30 active volunteers. Building resilience with families through one-lo-one volunteer support. Fllnlshire County Council - Voluntary Organisations An on-going grant towards the core Costs of running a voluntary organisation. To Contribute lo early years, earty inlervenlion, and prevention family support in Flinlshire, developing and delivering a volunteer led service. Page 12 continued... Home-start Fllntshlre Notes to th¢ Flnancial Statements - Gontlnued for the year ended 31 March 2025 13. MOVEMENT IN FUNDS - contlrtued Communlty Foundatlon Wales A 3 year grant unlil 1 sl December 2025 to expand our school readiness programme 'Play and Learn, to offer more lasler groups to parents and pre-school children In Flintshire. The Henry Smlth Foundatlon Contributing towards three years, running ¢osls for our organisalion providing support for vulnerable families with children from pregnancy lo age 11 in Flintshire. Natlonal Lottery Community Fund- Bump, Baby and Beyond A 3 year grant until January 2027 to continue lo develop our perinatal package lo familias in Flinlshire, including the development of support for dads as part of the Dad Mallers project. Tho Steve Morgan Foundatlon A 3 year grant funding a full lime post for a Project Co-ordlnalor, supportlng the development of HSF'S group dallvery, impact measurement and partnershlp development. Garfl6ld Woston Supporting Parents.. Because Chlldhood Can't Wail. A 1 year grant awarded to support HSF'S core costs, making a significant difference lo families across the communities of Flinlshire. WCVA'S Volunteerlng Waleg Maln Grants Funding a part lime Volunleer Coordinator. The project almed lo Increase volunteer engagement & sallslacllon by removing barriers lo volunteering. support tho creatlon & development of hlgh quality & positive volunteering opporlunilies and promote Ghanges to embed volunleerlng Into our culture. Homè-start UK and Paars Breathing Spa¢8 Grant was a conlribulSon towards core costs, supporting senior staff salary lo ensure sus18inab51ily and conllnualion of seNice. Natlonal Lottery Communlty Fund . Awards for All Rural Connections Slrenglhening Flinlshlre Families project was awarded lo help us expand our servlce inlo sm811er, Isolated villages across Flinlshire to diversify the range of groups In rural communities for early years children and their families. Gwynt Y Mor Communlty Fund The project Empowering Equal Communllies was awarded to expand the HSF service offer across the Gwynt Y Mor area between Moslyn and Gronanl. Almlng lo engage rural oommunilies by offering an outreach servlce. Anwyl Group The Love From Anwyl Deeslde Community Fund grant supported the Gost of 5 Slay and Play groups In the Deeside area of FlintshSre. Thé Money Supermarket Group The Community Inilialive fund contributed to our Chrlslmas Party for HSF supporled families across FlSnlshire. Held al Deesida Leisure Centre. Addltlonal donatlons recelved this year Included.. Inner Wheel Club Mold £200 Sarah H staff sponsored walk- £1030 In memory of Liz Holland £1274 Indlvidual donations - £122 Thank you lo all our supporters who have kindly donated lo HSF Plus a varloty of shopping loyalty sehemes Including,. Amazon Smile Easy Fundraislng Just Giving Page 13 continued... Home-start Flintshlre Notes to the Flnanclal Statements - continued for the year ended 31 March 2025 14. EMPLOYEE BENEFIT OBLIGATIONS The charity operates a defined conlrlbution scheme to meet the auto enrolment requirements. CONTINGENT LIABILITIES 15. There were no conlingenl liabililies as al 31 March 2025. 16, CAPITAL COMMITMENTS As at 31 March 2025, lh8 charity had no capital ￿MmItMents. 17. RELATED PARTY OISCLOSURES There were no related party transactions for the year ended 31 March 2025. 18. LEGAL STATUS OF THE CHARITY The charity is a company limited by guarantee and has no share capital. Every member promlses, If the charity Is dissolved whlle they remain a member or wilhin 12 months of Ihelr resignation as member, lo pay up £1 Iow8rds the costs of dissolution and th8 Ilabililies incurred by the charity. PENSION SCHEME 19. The Penglon8 Trust- Growth Plan I'the schomo"). The company partlcSpales In Ihe scheme, a mulll-employer scheme which provides benefits to some 521 non.assocSaled partScipaling employers. The scheme Is a dellned benefit scheme1n Iho UK. 11 Is not posslble for the company lo obtain suff1cienl Inlormation lo &nablo il lo account for the scheme as a defined benefil scheme. Therefore 51 accounts for the s¢hem8 as a defined contribution scheme, The scheme Is subject lo the funding leglslallon oulllned In the Penslons Aol 2004 whlch Game Into force on 30 Oecember 2005. This, together with documents Issued by the Pensions Regulator and Technical Acluarial Standards Issued by the Fln8nclal Reporting Councll, sel out Iho framework for lundSng defined benefll occupational penslon schemes in th8 UK, The scheme Is classified as a '18sI-man slandln9 arrangemenl,. Therefore the company is polenllally liable for other p8rticipaling employers, obligallons if those employers are unable to meet their share of the scheme deflcil following wilhdr8wal from Ihe scheme. Participating employers are legally required lo meet their share of the scheme delicil on an annuity purchase basis on withdrawal from the scheme. A full actuarial valuation lor the scheme was carried oul al 30 September 2023, Thls valuation showed assets of £514.9m, li8bililies of £531.Om and a deficit of £16.1 m. To elimlnata this fundlng shortfall, the Trustee has asked Ihe participating employers lo pay 8ddilional contributions lo the scheme as follows.. DeflGIt ¢ontrlbutlons From l April 202510 31 March 2028: £2,100,000 per annum (payable monlhlyl Unlesg a concession has been agreed with the Trustee the term lo 31 March 2028 applles. Note that the scheme's prevlous v81ualion was carried out with an effeGlive dale of 30 September 2020. This valuation showed assets of £800.3m, liabilities of £831.9m and a deficit of £31.6m. To eliminate Ihis funding shortfall, the Trustee asked the participating employers lo pay additional conlribullons lo the schem8 as follows.. Deflclt contrlbutlons From 1 April 2022 10 31 January 2025.. £3,312,000 per annum (payable monlhlyl The recovery plan contributions ar8 allocated lo each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities. Page 14 continued... Home-start Fllntshlre Notes to the Flnanclal Statements - Gontlnued for the year ended 31 March 2025 19. PENSION SCHEME - contlnued Where the scheme Is in deficit and where the company has agreed to a deficit funding arrangemenl Ihe company recogniges a liabilily for this obligation. The amount recognised is the net present value of the delicil reduction Gontributions payable under the agreement that relates lo the delicil. The present value is calculaled using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost. 31 March 20251£) 61 31 March 20241£) 27 Provision al end of period Income and expendlture Impact 31 March 20251£'s) 31 March 2024(£'s) Interest expense Remeasuremenls - impact of any change In assumpllon R8measuremenls amendments to the Conlribullon schedLJle Contributions paid in respect of future services Cost recognised in income and expenditure account 61 includes defined conlrlbulion schemes and future service contributions li.e. ex¢luding any deficit reduction payments) lo defined benefll schemes whlch are Irealed as deflned conlrlbulSon schemes. To be competed by the company. Assumptlons 31 March 20250/ts pèr 31 March 2024 annum 0/0 per annum Rale of discount 4.84 5.31 The dlscounl rates shown above ar8 the equlvalenl single discount rale which, when us8d lo discounl the futur6 recovery plan conlribullon due. would give the sam8 results as using a full AA Corporate bond yield cuNe to dlscounl the same recovery plan contribution. Page 15 Home-start Flintshlre Detalled Statement of Financial Actlvlties for the year ended 31 March 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons and legaGIos Donations Grants 4,111 320,829 1,896 274,121 324,940 276,017 Othor tradlng actlvltles Fundralsing even15 1,000 Investment income Oeposit account Interest 222 773 Total Incomlng resourc6S 325,162 277,790 EXPENDITURE Charltable a¢tlvltles Wages Social security Pensions Insurance Postage and slallonery Advertising Sundrles Rent Staff expenses Light and heal Hom8-Slart IUKI annual fee Ofllce expenses Famlly expenses Membershlp Volunteer expenses Staff training Trustee expenses Proje¢l oosls Cloaning Room hire Fixtures and fillings Computer equipment 218,637 13,865 18,548 1.150 2,655 4,802 317 18,65g 184,837 g,866 15,847 2,136 2,319 245 17,354 3,828 4,158 3,924 9,236 20,166 201 4,850 2.825 170 2,019 1,536 4,665 1,545 3,642 1,206 4,986 10,663 5,740 186 5,929 763 69 4,545 1,984 4,377 1,584 2,594 329,354 295,369 Support costs Flnance Bank charges 102 102 Gov¢rnance costs AGGounlancy fees Legal and professional fees Payroll Se￿ICe$ Pensions Igainllloss Audit fees 4,490 35 689 34 1,140 2,126 858 1311 1,320 6,388 4.273 Total resources expended 335,844 299,744 Net expenditure {10,6821 {21,9541 This page does not form parl of the slalulory financial slalements Page 16