i5Ded Copy
Home-start Southport & Formby
Charlty No. 1108802
Company No. 05360454
Trustees. Report and Unaudlted Accounts
31 March 2024

Homo-start Southport and Fonnby
Trustees Annual Report
The Irustees, who are also directors of the charity for the purposes of the Companies Act
2006, herein present their report with the unaudited financial statements of the charity for the
year ended 31 March 2024.
The financial statements h8ve been prepared in accordance with the accounting policies sat
out in Note 1 to the accounts and comply with the charivs governlng document. the Charities
Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities.. Ststement of
Recommended Practice applicable to charities preparing thelr accounts in accordance with
the Financial Reporting Standard 102 applicable in the UK and Republic of Ireland.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 05360454
Charlty No. 1108802
Prfnciple Office
First Floor
Premier House
Wight Moss Way
Soulhport
Merseyside
PR8 4HQ
Registered Office
First Floor
Premier House
Wight Moss Way
Southport
Merseyside
PR8 4HQ
Dlrectors and Trustees
The Dlrectors of the charitable company are Its Trustees for the purposes of charlty
law. The followlng Dlrectors and Trustees served durlng the year..
Susan Pennington
Heather Twist
Emma Ball
Nigel Bellamy
Jillian Gore
Steph Griffiths
Shiela Jones
Janine MacDonald
Sylvia Cafferkey
Sarah Rodriguez
Stuart Wharton
Denese Johnson
Alison Welsh
Chair
Vice Chair
Treasurer
(Resigned 4th Aprll 2023)
(Resigned 4th April 2023)
(Resigned 4th April 2023)
(Resigned 22nd February 2024)
(Resigned 22nd February 2024)
Page 2

Company Secretary
Ka￿n Cooke
Accountsnts
Sefton Council for Voluntary
Service
Burlington House
Crosby Road North
Watertoo
Liverpool
L22 OLG
Bankers
Lloyds Bank
PO Box 1000
Andover
BX1 1LT
Objectlves and Activlties
Home-start Southport and Fomby provides free, friendly and confidenllal support to
families through our volunteer home visiting, group work and social events. Our
trained volunteers work alongside families, offering practical help, emotional support,
and guidance.
Our mlssion Is to help parents grow in confidence in order to strengthen and enjoy
their relationshlps with their chlldren lo the full and to wlden thelr links within the
community.
We believe that chlldren need a good start In Ilfe and that P8rents play the key role in
ensuring that they have a happy and secure childhood to help them reach their full
potential.
We offer a unique service for families by recruiting and training volunteers to visit
families at home to offer informal, non-judgemental, friendly support to help them
through difficutt times.
Our services across Southport and Formby include..
Weekly home visits to families by volunteers.
Weekly Toddler Stay and Play Group.
Weekly Best Start for Babies Group to support Parent Infant Mental Heallh.
Weekly Pram Walk and Talk Group.
Counselling Service.
Re-use project.
Emergency Food par￿lS or vouchers.
Clothlng and baby essentials supplied during cost of living crisis.
Page 3

Free activities in school holidays for all the family.
Easter, Halloween and Christmas Activities.
Cookery Courses.
Mental Health and Wellbeing Courses.
Paediatric First AKI Training.
Exercise classes.
Achlevements and Perfomiance
During the year April 2023 - March 2024, we:
Supported 548 beneficiaries through home visits, targeted groups, family
events and activities.
Hosted 329 children and 219 parentslcarers.
92 new families were referred to our service, 293 individuals.
On average 70 ben8ficiarles received weekly support through volunteer visits,
counselling, or gmups.
25 parents received free counselling from our in-house counselling serrfice. (82
sessions)
Volunteers gave 1924 hours supporting families.
88 % of parents reported an improvement in their mental health and wellbelng after
receiving Home-start Support
97 % of parents reported f881ing less Isolated
920/0 of parents reported an improvement in thelr self esteem
95% of parents reported being more involved with their children's learning and
development
Volunteers
Our volunteers are the heart of Home-start. Durlng 2023-24 we recruited and trained
5 new volunteers and a team of 40 volunteers offered emotional and practical support
to local families.
Volunteers attend a course of preparation, receive on-going training and mandatory
annual safeguarding refresher training.
Volunteers receive 6-8 weekly documented support and supervision from the Famlly
Support Co-ordinator.
Trusteos
All our worf( is overseen and govemed by our experienced Board of 8 Trustees, who
meet bi-monthly to review the Managers report, any safeguarding concerns, funding
opportunities and financial reports.
Susan Pennington {Chalr)
Heather Twist (Vi￿)
Emma Ball
Nigel Bellamy
Jillian Gore
Steph Griffiths
Shiela Jones
Janine MacDonald (Treasurer)
Page 4

Our funders, donors, and supporters:
Mayor of Sefton Charity, Co-op local causes, Child in Need, Eric Wright Trust, Pears
Foundation. Steve Morgan Foundation, Inspira Health Ltd, NFUM, John Lewis,
Southport Lions. Iceland Foods Charitable Foundation, P H Holt Foundation, Lakeside
Church, Royal Birkdale Golf Club, Foundation Years Trust, One Stop, Tesco
Community Grants, Southport Round Table, Carol Halsall, lan Gore. Stuart Wh8rt0n,
Cash for Kids, Sefton CVS, LCVS community impact fund, John Moore's Foundation,
Mrs Mitchell, Premier Wealth, Linda Macdonald, Alison Welsh, Sue Dexter, Jean Hunt,
Yvonne Dyson, Vola Digital, and our 100 club members.
Website www.homestart-south ortandfonnb
.or
Email admin
homestartsouth ort.co.uk
Flnanclal Revlew
The charity had Income of £148,067 (2023 £111,072) and expenditure of £135,635
(2023 £133,437). At 31 March 2024 there were General Funds of £34,411, Designated
Funds of £48,887 and Reslrlct8d Funds of £36,916.
The charity holds 3 months running costs as reserves, plus the necessary contractual
serves to provide for potential redundancy costs.
The Trustees are responsible for keeping proper accounting records that dlsclose wlth
reasonable accuracy at any time the financial position of the chaiity and to enable
them to ensure that the financial slatements comply with the Companies Acl 2006.
The Trustees are also responsible for safeguartling the assets of the charlty and hence
taking reasonable steps for the prevention and delection of fraud and other
irregularities.
The above report has been prepared in accordance with the provisions applicable to
companles subject to the small companies reglme as set out in Part 15 of the
Companles Act 2006 and In accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
S.E. Pennington
Chair of Trustees
15 October 2024
K Cooke
Company Secretary
15 October 2024
Page 5

Home-Start Southport & Formby
Independent Examiners Report
Independent Examiner's Report to the trustees of Home-start Southport & Formbv
I report to the charity trustee5 on my examination of the financial statements of Home-start Southport &
Formby for the year ended 31 March 2024 which comprise the Statement of Financial Actlvities, the
Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related
notes.
Responslbilities and basis ol report
As the trustees of the chartty land also Its dlrectors for the purposes of company lawl you are responsible for
the preparatSon of the financlal 5taternents in accordance with the requlrements of the Companies Act 2006
('the 2006 Act'l.
Having satlsfled myself that the flnanclal statements of the charlty are not requlred to be audlted under Part
16 of the 2CQ6 Act and are eligible for Independent examination, I report in respect of rny examlnatlon of
vour charity's financlal statements as carrled out under section 145 of the Charities Act 2011 {*he 2011 Act'l.
In carrylng out my examlnallon I have followed the Dlrectlon5 glven by the Charlty Commlsslon undersectlon
14515llb) of the 2011 Act.
Independent examlner's $tstement
I have completed my examlnatlon. I can conflrm that no material matter5 have come to my attenllon in
connertion with the examination glving me cause to belleve that:
accountlng records were not kept in accordance wlth section 386 of the 2006 Act; or
the financial statements do not accord with those records", or
the financial statements do not comply with the accountlng requlrements under sectlon 396 of the 2006
Act other than any requirement that the financial statements 8ive a 'true and falr, vlew whlch is not
rnatter considered as part of an independent examlnation; or
the financSal statement5 have not been prepared In accordance wlth the Charitles SORP (FRS 102).
I have no concerns and have come across no other matters In connectlon with the examlnatlon to whlth
attention should be drawn in this report in order to enable a proper understandin8 of Ihe financial
statements to be reached.
lan Wrlght
Communlty Accountant
Sefton Councll for Voluntary Serrflce
Burlington House
Crosby Road North
Walerloo
Liverpool
L22 OLG
15 September 2024
Page 6

Home-start Southport & Formby
ststement of Financlal Activltles
for the year ended 31 March 2024
Unrestrirted
funds
2024
Reslrlrted
funds Total funds Total funds
2024
2024
2023
Notes
Income and endowments
from:
Donatlons and legacies
Charitable actlvities
Other tradlng actlvltles
Investments
Other
18,313
1,150
3,042
2,352
123,210
141,523
1,150
3,042
2,352
87.559
20,965
ioi
2,447
Total
24,857
123,210
148,067
111,072
Expendfture on:
Charitable actlvlties
26,730
108,905
108,905
135,635
133,437
Total
26,730
135,635
133,437
Net galns on Inve5trnents
Net Income/(expendlture)
Transfers between funds
io
11,8731
14,305
12,432
{22,365)
Net Income/(expendlturel
before other galns/(losse5)
11,8731
14,305
12,432
122,3651
Other galns and losses
Net movernent In funds
11,8731
14,305
12,432
{22,365)
Reconclllatlon of funds:
Total funds brought forward
83,952
22,611
106,563
128,928
Total funds carrled forward
82,079
36,916
118,995
106,563
Page 7

Home-start Southport & Formby
Summary Income and Expenditure Account
for the year ended 31 March 2024
2024
2023
Income
145,715
110,971
Interest and investment income
2,352
ioi
Gross Income for the year
Expenditure
148,067
111,072
135,230
131.999
Depreclation and charges for
Impalrment of fixed assets
405
1,438
Total expendlture for the year
Net Incomel(expendlturel before tax
for the year
135,635
133,437
12,432
{22,3651
Net income l(expendlture Ilor the year
12.432
122,3651
Page 8

Home-start Scuthport & Formby
Balance Sheet
at 31 March 2024
Company No. 05360454
Notes
2024
2023
Fixed assets
Tangible assets
12
312
717
717
Current assets
Cash at bank and in hand
119,643
119,643
108.193
108,193
12.3471
105,846
Creditors: Amount fallin8 due within one year
Net current assets
13
19601
118,683
Total assets less current liabilities
118,995
106,563
Net assets excluding pension asset or Ilablllty
Total net assets
118,995
106,563
118,995
106,563
The funds of the charity
Restricted funds
Restricted income funds
14
36,916
36,916
22,611
22,611
Unrestrlcted funds
General funds
Designated funds
14
33,192
48,887
35,014
48,938
82,079
Reserves
14
Total funds
118.995
106,563
These account5 have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2CQ6 relating to small companie5.
Forthe year ended31 March 2024 the company was entitled toexemption under section 477 of the
Companies Act 2006 relating to small companies.
The membeTS have not required the company toobtain anaudit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilitiesfor complying Wlth the requirementsof the Companies Act
2006 with respect to accounting records and the preparation of account5.
Approved bythe board on 15 September 2024
And signed on its behalf by..
J fvl-)e-v4 ,-19)24
S.E. Pennington
Chair
15 September 2024
Janine Md)onald
Treasurer
15 September 2024
Page 9

Home-start Southport & Formby
ststement of Cash flows
for the year ended 31 March 2024
2024
2023
Cash flow5 from operatin8 actlv•ties
Net Income/(expendlturel per Statement of Flnan¢lal Artlvltles
12,432
122,3651
Adjustments for:
Depreclatlon of propertyi plant and equlpment
Dlvidends. interest and rents frorn investments
Decrease In trade and other receivables
Decrease in trade and other payables
405
12,352}
1,438
12,5481
595
(7,464)
{1,387)
Net cash provided by/lused in) operatin8 •rtlvltles
9,098
130,344)
Cash Ilows from Investlng artlvltles
Dividends, Interest and rents from investments
2,352
2,548
Net cash from Investlng actlvltles
2,352
1,924
Net cash from finan¢ln8 artlvitles
Net Increaselldecrease) In cash and cash equlv•lents
11,450
128,420)
C•sh arKI cash equlvalents at the be8lnDln8 of the year
108,193
136,613
Cash and cash equlvalents at the end of the year
119,643
108,193
Cornponents of cash and cJ$h equlvalents
Cash and bank balances
119,fA3
108,193
119,643
108,193
Page 10

Home-start Southport & Formby
Notes to the Accounts
for the year ended 31 Marth 2024
l Accountln8 poll¢les
Basls of preparation
The financial statements have been prepared in accordance with the charity's governlng docijment, the
Companles Act 2006, FRS 102 "The Flnanclal Reportlng Standard appllcable In the UK and Republlc of
Ireland" {"FRS 102,1 and the Charitie5 SORP"Accountln8 and Reporting by Charltbes: Statement of
Recommended Practice applicable to charltles p￿ParIn8 their accounts in accordance with the Flnancial
Reportlng Standard applltable in the UK and Republic of Ireland (FR5 1021" {effective l January 20191.
The charity meets the definition of a public benefit entity under FRS 102. Asset5 and Ilabilities are initially
reco8nlsed at historScal cost or transaction value unless otheNlse stated in the relevant accounting
policy note. The functlonal currency used Is Ihe £ Sterlln8.
Assets and liabilities are initially reco8nlzed at historical cost or transactlon value unless otherW￿e stated
In the relevant accountin8 pollcy note.
The functlonal currency used Is the £ Sterllng.
Preparatlon of the attounts on a 8olng concern basls
At the tlme of approving the accounts, the trustees, have a reasonable expectatlon that the Charlty has
adequate resources to contlnue in operational existence for the forseeable future. As such these
accounts have been prepared under the 8oln8 concern bas15.
ChanEe In basls of a¢¢ountlng or to prevlou5 accounts
There has been no change to the accountin8 pollcles IvaluatSon rules and method of accountln81 slnce
last year and no changes have been made to accounts for prevlous years.
Fund accountln8
Unrestrlcted fvnd5 These are avallable for use at the dlscretlon of the trustees In furtherance of the
Beneral objects of the charity.
These are unrestricted funds earmarked by the trustees for partlcular purposes.
These are unrestricled funds whlch Include a revaluat5on reSe￿e representing the
restatement of Investment assets at their market value5.
These are avallable for use subject to restrict¢ons Imposed by the donor or throu8h
terms of an appeal.
DÈsi8nated funds
Revoluation funds
Restrlrted fund5
Page 11

Home-start Southport & Formby
Note$ to the A¢¢ounts
Income
Recognltlon of
income
Income is included in the Ststement of Flnancial Activities ISOFAI when the charllv
becomes entltled to, and virtually certaln to receive, the income and the amount of
the income can be measured wlth sufflcient reliability.
Income wlth related Where Income has related expendlture the income and related expendlture Is
expenditure
reported gross the SOFA.
Donatlons and
legacles
Voluntary Income recelved by way of grants, donations and grfts Is Included In the
the SOFA when receNable and only when the Charlty has unconditional
entltlement to the Income.
Tax reclalms on
Incorne from tax reclalms Is included in the SOFA at Ihe same tlme as the
donations and gifts giftldonatlon to whKh it relates.
Donated seThlces
These are only Included in income Iwhh an equlvalent amount In expenditure}
and facllltles
where the benefft to the Charlty Is reasonably quantlfiable, measurable and
material.
Volunteer help
The value of any volunleer help recelved Is not Included In the accounts.
Investment Income Th151s Included In the accounts when recelvable.
Gainslllossesl on
This Includes any gain or loss resulting from revaluln8 Investments to market value
revaluatlon of flxed at the end of the year.
assets
Galns/llosses} on
Investment assets
Thls Includes any 8aln or loss on the sale of investments.
Expendlture
Reco8nltlon of
expenditure
Expendlture Is reco8n15ed on an accruals basls. Expendllure includes any VAT whlch
cannot be fully recovered, and Is reported as part of the expendlture to whlch It
relates.
Expendlture on
These cornprlse the costs assoclated wlth attractln8 voluntary Income, fundralslns
raisln8 funds
tradin8 Costs and investment mana8ement C05t5.
Expendlture on
These comprlse the costs Incurred by the Charlty in the dellvery of Its actlvitles and
charitable activities seNlces In the furtherance of Its obJect5, includSn8 the makin8 of Brants and
80vernance costs.
All Brant expenditure Is accounted for on an actual pald basls plus an accrual for
8rants that have been approved by the trustees at the end of the year but not yet
pald.
These Include those costs associated with rneetiri8 the constltutlonal and statutory
requlrements of the Charity, includin8 any audlt/independent examlnatlon fees,
Costs Ilnked to the strateglc management of the Charlty, 108ether with a share of
other administration costs.
Other expendlture These are support costs not allocated to a partlcular activlty.
Grants payable
Governance costs
Taxatlon
The charity Is exempt from corporatlon tax on its charftable actlvltles.
Trade and other debtors
Trade and other debtors are recognlsed at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade dlscounts due.
Page 12

Home-start Southport & Formby
Notes to the Accounts
Cash and cash equlvalents
Cash and cash equivalent5 comprlse cash at bank and on hand, dernand deposlts wllh banks and other
short-term hi8hly liquid investments with original maturitles of three months or less and bank overdrafts.
In the statement of finan¢lal positioft, bank overdrafts are shown wlthin borrowings or current Ilabilities.
In the Statement of Cash Flows, cash and cash equlvalents are shown net of bank overdrafts that are
repayable on dernand and form an integral part of the company's cash management.
Trade and other credltors
Short term creditors are measured at the transaction price. Other credttors and provlslons are recognlsed
where the charity has a present obligation resultlng from a past event that wlll probably result In the
transfer of funds to a thlrd party and the amount due to settle the obll8atlon can be measured or
estimated reliably. Credltors and provlslons are normally reco8nlsed at their settlement amount after
allowing for any trade discounts due.
Pen51on wsts
The charity operates a defined contrlbution plan for Its employees. A defined contributlon plan Is
penslon plan under whlch the company pays flxed contributlons Into a separate entlty. Once the
contributlons have been paid the company has no further payments obli8atloTrs. The contrlbutions are
recognised as expenses when they fall due. Amounts not paid are shown In accrua15 In the balance sheet.
The assets of the plan are held separatelyfrom the company In Independently admlnlstered funds.
2 Company status
The company is a prlvate company Ilmlted by guarantee and consequently does nol have share capital.
Pa8e 13

Home-start Southport & Formbv
Notes to the Accounts
3 Ststement of Flnanclal Artlvltles- prlor year
Unrestricted
funds
Restrirted
funds Total lurKIs
2023
2023
2023
Income and endowments from:
Donatlons and legacles
Charltable actNlties
Investments
Other
4,633
82,926
20,965
87,559
20,965
ioi
2,447
ioi
2,447
Total
7,181
103,891
111,072
Expendlture on:
Charitable artivities
26,949
106,489
133,437
Total
26,949
106,489
133,437
Net Income
{19,7681
12,5981
(22,365}
Net Income before other
•lnsl(10sses
Other ialns and losses:
Net movement In funds
119,768)
12,5981
122,3651
(19,7681
12,5981
122,3651
Reconclllatlon of funds:
Total funds brought forward
Total funds carrled fonvard
103,720
25,208
128,928
22,611
106,563
Page 14

Home-start Southport & Fomiby
Notes to the Accounts
4 Income from donatlons and le8a¢les
Unrestrlcted
Restrlcted
Total
2024
Total
2023
Reachin8 Communities
Sunrise Project
Community Impact Fund
Groundwork UK
Pears Foundallon
Sefton CVS
Children In Need
Steve Mor8an Foundatlon
NFUM
Sefton Wellbeln8
Southport Llons
John Lewls Iwaltrosel
Eric Wright
First Flve Foundatlon
Groundwork One Slop
P H Holt Foundatlon
John Moores Foundatlon
Llving Well Sefton
Co-operative
VOLA
35,139
3,000
250
250
1,375
9,995
9,995
6,000
30,300
25,000
3,221
5(X)
7,632
300
30,000
25,OCK)
3,221
51X)
1,453
793
15,(K)O
1,453
793
15,(X)O
300
1,250
24,000
1,250
8,0(X)
500
6,000
1,540
4,938
2,525
1,540
4,938
2,525
Llons Club
1,000
i.oc
Homestart - Toddler
Rathbones
Homestart- Col Grant
250
8arratt Development
100 Club
1,500
3,780
2,383
87,559
3.445
3,445
18,013
141,523
General Donations
18013
18,313
123,210
5 Income from charitable artivities
Unrestrlrted
Total
Totsl
2023
2024
Cost of Livin8 Fund
Lottery Community Fund
LCR CarÈs Adult And Young
People Counselling
Cash For Kids
1,215
9,950
150
150
5.oc
4,500
300
Asda
1,150
1,150
20,965
Page 15

Home-start Southport & Formbv
Notes to the Accounts
6 Irbcome from other tradlng activltles
Unrestrlcted
Total
2024
Total
2023
Fundraising
3,042
3,042
3,042
3,042
7 Income from In￿tments
Unrestrlcted
Total
Total
2024
2023
Interest Receivable
2,352
2,352
2,352
2,352
ioi
ioi
8 Other Income
Total
2024
Totsl
2023
Other Income
2,447
2,447
9 Expendlture on charltable actlvltles
Unrestrltted
Restrlcted
Total
Total
2024
2023
Expenditure on chorltoble
octlvltles
Cost of Llvln8 Fund
3,199
13,723
16,922
14,453
Employee costs
Motor and travel costs
10,604
1,315
6,043
82,194
1.859
5,601
92,798
3.174
11,644
101,495
4,409
4,796
Premises costs
Amortlsatlon, depreciatlon,
Smpairment, profitlloss on
dlsposal of ftxed assets
General administratbve costs
Le8al and professional costs
405
405
1,438
4,544
620
4,373
1,155
8,917
1,77S
4,378
2,468
26,730
108,905
135,635
133,437
10 Net Incomellexpendlture) before transfers
2024
2023
Thls15 stated after char8in£:
Depreciation of owned fixed assets
405
1,438
Page 16

Home-start Southport & Formby
Notes to the Accounts
11 Staff costs
2024
86,285
1,044
4,896
92,225
2023
Salaries and wages
Social securlty costs
Penslon costs
88,661
954
8,113
97,728
No employee received emolurnents In excess of £60,000.
12 Tangible fixed assets
Cost or revaluatlon
At l April 2023
At 31 March 2024
Depreclatlon and
Impalrnient
At l Aprll 2023
Depreciatlon charge for the
year
At 31 March 2024
12,620
12,620
12,620
12,620
11,903
11,903
405
405
12,308
12,308
Net book values
At 31 March 2024
At 31 March 2023
13 Credltors:
amounts fallln8 due withln one year
312
717
312
717
2024
2023
Other taxes and soclal SeCur￿V
Other credltors
Accruals
420
420
1,387
540
2,347
540
960
Page 17

Home-start Southport & Formby
Notes to the A¢counts
Lottery Community Fund
Communbty Impact Fund
Groundwork UK
Pears Foundatlon
Sefton CVS
Children In Need
LCR Cares
Steve Morgan Foundatlon
NFUM
Sefton Wellbeln8
Southport Lions
John Lewls {Waltrose)
Erlc Wri8ht
Flrst Flve Foundation
Groundwork One Stop
P H Holt Foundatlon
John Moores Foundatlon
Livlng Well 5efton
Co-operatlve
VOLA
Cash 4 Klds
Asda
100 Club
Family Support Workersalary
Family Support Workersalary
Coronation Party
Famlly Support Worker salary
Clothin8 Support
Senior Co-ordinator
Counselllng
Managerfs salary
Salaries
Staff wellbelng
Farmer Ted's trlps
Core costs
Core costs
Teddy Bears Tea Party
Chrlstmas Party
Manager's salary
Famlly Support Worker
Keeplng Actlve Pram Walks
Coun5ellin8
Laptops
Support cost of Ilvln8 crisis and counsellin8 5ervlce
Support cost of Ilving crisis
Charltles own lottery
Designated funds:
Contin8ency Fund
Redundancy Fund
Flxed Asset Fund
Supports any unplanned expenses
Supports payments to employees In the event of a wlndlng up
Represents monies ordinarily not available for charitable purposes.
15 Analysls of net assets between funds
Unrestrlrted
tunds
Restrlcted
funds
Total
Flxed assets
Net current assets
312
81,767
82,079
312
118,683
118,995
36,916
36,916
16 Reconclllatlon of net cash l (net debt)
At31
Marth
2024
At l Aprll
2023
Cash flows
Cash and cash equivalents
108,193
108,193
11,450
11,450
119,643
119,643
Net cash / (net debt)
108,193
11,450
119,643
FRS 102 requires and entityto report changes in net debi in the accounting period, Home-start
Southport & Formby does not carry any debt or other borrowlngs and has a positlve Thet tash posrtlon
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Home-start Southport & Forniby
Notes to the A¢counts
17 Commltments
Pension commltments
2024
2023
The pension cost charge to the company
amounted to:
4,896
8,113
18 Related party dlsdosures
Controlllng party
The company Is l¢mited by 8uarantee and has no share capital,. thu5 no single party controls the company.
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