Home-start Southport & Formby Charity No. 1108802 Company No. 053604S4 Trustees. Report and Unaudlted A¢counts 31 March 2025 •AEIITAYB• 2411212025 COMPANIES HOUSE A62 *91
Home-start Southport & Formby Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Summary Income and Expenditure Account Balance Sheet Statement of Cash Flows io Notes to Accounts 11-21 Page I
Home-start Southport & Formby Trustees Annual Report The trustees, 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 chariiy for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in Note I to the accounts and comply with the charity's governing document, the Charities Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 applicable in the UK and Republic of Ireland. REFERENCE AND ADMINISTRATIVE DETAILS Company No. 05360454 Charity No. 1108802 Registered Office: First Floor Premier House Wight Moss Way Southport Merseyside PR8 4Ha Directors and Trustees The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year.. Susan Pennington {Chairl Heather Twist (Vice Chair) Nl8el Bellamy Jlllian Gore Steph Griffiths Sheila Jones Janine MacDonald {Treasurerl Emma Ball Company Secretary Karen Cooke Senior Team Karen Cooke Manager Julie Cole- Senior Family Support The day to day operations are led by Karen Cooke the Manager, supported by a small team of 4 staff and 35 trained volunteers. Page 2
Home-start Southport & Formby Trustees Annual Report Accountant Sefton Council for Voluntary Service Burlington House Crosby Road North Waterloo Liverpool L22 OLG Bankers Lloyds Bank PO Box 1000 Andover BXI ILT OBJECTIVES ANO AcfiviTIES Home-5tart Southport and Formby provide free, friendly and confidential support to families with pre- school age children through our volunteer horne visiting, group work and social events. Our trained volunteers work alon85ide families, offering practical help, emotional support, and guidance. Our mission is to help parents grow in confidence to strengthen and enjoy thelr relatlonships with their young children to the full and to widen their links within the communlty. We belleve that children need a good start in life and that parents play the key role in ensurin8 that they have a happy and secure childhood to help them reach thelr full potential. We offer a unique servlce for farnllles in our area by recruiting and training volunteers to visit families at home to offer informal, non-judzemental, friendly sUPPOrt to help them throu8h dlfflcult times. Our services across Southport and Formby include: Weekly home vislts to famllles by volunteers Weekly Toddler Stay and Play Group Weekly Best Start for Babies Group lo support Parent Infant Mental Health Weekly Pram Walk and Talk Group Counsellin8 Service Re-use project Signposting to other support seNlces Emergency food parcels or vouchers Clothing and baby essentials Free activities in school holidays for all the family Easter, Halloween and Christmas Activities Cookery Courses Mental Health and Wellbeing Courses Paediatric First Aid Training Exercise classes Page 3
Home-start Southport & Formbv Trustees Annual Report Achievements and Performance Apr 24- Mar 25 We supported $78 beneficiaries through home visits, targeted groups, family events and activities. 372 Children and 206 parents/carers. 85 new families were referred to our seniice, 267 individuals. 25 parentslcarers received free counselling from our in-house counselling service. 1122 of free counselling sesslonsl Volunteers gave 1890 hours supportin8 families. 93% of parents reported an improvement in their mental health and wellbeing after receiving Home-start support. 94% of parents reported feeling less isolated. 85% of parents reported an improvement in their self esteem. 94% of parents reported being more involved with their children's learning and development. Volunteers: Our volunteers are the heart of Home-start. During 24-25 we recruited and tralned 8 new volunteers, and a team of 35 volunteers offered emotional and prartical 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 supervislon from the Famlly Support Co-ordlnator. Our funders, donors, and supporters: We are extremely grateful to the organlsatlons who funded and supported our work durlng Apr 2024- Mar 2025, without them, our work would not be possible: BBC Children in Need, Anton Jurgens Charilable Trust, Steve Morgan Foundation, Burbo Bank, Cadent, Cash 4 Kids, Southport Strong Together Fund, The National Lottery Community Fund, Erlc Wright Trust, Living Well Sefton. HS Sports, John Moores Foundation, Lakeside Church, Linda MacDonald, One Vision Housin& Pam Manchester, Postcode Lottery Community Trust, Southport Round Table, Sefton CVS, Southport Lions, Sue Oexter, Yvonne Dyson, Gillian Shandley, Adrian Shandley and our 100 club members. We thank our volunteers and Individual supporters for their time, commitment and generosity. FINANCIAL REVIEW The charity had income of £172,26612024; £148,067) and expenditure of £148,43812024; £135,635). At 31 March 2025 there were General Funds of £31,148, Designated Funds of £48,731 and Restricted Funds of £62,944.The charity holds 3 months runnlng costs as reSee$, plus the necessary contractual reseNes to provide for potential redundancy costs, The Trustees are responslble for keeplng proper accounting records that disclose with reasonable accuracy at any time the financial positlon of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 4
Home-start Southport & Formby Trustees Annual Report The above report has been prepared in accordance with the provisions applicable to companie5 subject to the small companies regirne as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 1021. Signed on behalf of the board S.E Pennin8ton Trustee J. MacDonald Trustee 28 November 2025 28 November 2025 Page 5
Home-start Southport & Forniby Indèpendent Examiners Report Independent Examiner's Report to the tNstees of Home-start Southport & Formby I report to the charity trustees on my exarnination of the financial statements of Home-startsouthport & Formby forthe year ended 31 March 2025 which comprise the Ststement of Financial Activities, the Summary Income and Expenditure Accounl, the 8alance Sheet and the related notes. ftesponslbllltles and basls of report As the trustees of the charity land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements Dn accordance with the requirements of the Companies Act 2006 ('the 2006 Act. HJvin8 Satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are ellgible for independent examlnation. I report In respect of my examination of your charity's financlal statements as carried out under section 145 of the Charlties Act 2011 ('the. 2011 Act,). In carrying out my examinatlon I have followed the Directions given by the Charity Commission under section 145{51{bl of the 2011 Act. Independent examlner's statement I have completed my examinatlon. I can confirm that no material matters have come to my attention in connection with the examlnatlon 8Svln8 me cause to believe that: • accountin8 records were not kept in accordance with section 386 of the 2006 Act . or • the financial statements do not accord with those records: or the financlal statements do not comply with the accountlng requlrements under sectlon 396 of the 2006 Act other than any requifement that the financial statements 8lve a 'true and fair, vlew whlch is not a matter considered as part of an independent examination: or the financial statements have not been prepared in accordance with the Charfties SORP (FRS 1021. I have no concerns and have corne across no other matters In connectlon wlth the examinatlon to whlch. attentlon should be drawn In thls report In order to enable a proper understandln8 of the flnancial statements to be reached. 9Q lan Wright Chartered Accountant Sefton Council for Voluntary Servlce Burlington House Crosby Road North Waterloo Llverpool L22 OLG 28 November 2025 Page 6
Home-start Southport & Formby Statement of Financial Activities for the year ended 31 March 2025 Unrestrlcted funds 2025 Restrlcted funds Total funds Total funds 2025 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments 24,104 14,484 131,086 155,190 14,484 141,523 1,150 3,042 2,352 2.592 2,592 Total 41,180 131,086 172,266 148.067 Expendlture on: Raisin8 funds Charltable activities 40 43,340 40 105,058 148,398 135,635 Total 43,380 105,058 148,438 135,635 Net gains on investments Net income io (2,2001 26,028 23,828 12,432 Transfers between funds Net income before other 8ains/(losses) 12,200) 26,028 23,828 12,432 Other galns and losses Net movement in funds 12,2001 26,028 23,828 12,432 Reconclliation of funds: Total funds brought forward 82,079 36,916 118,995 106,563 Total funds Carrled forward 79,879 62,944 142,823 118,995 Page 7
Home-start Southport & Formby Summary Income and Expenditure Account for the year ended 31 March 2025 2025 2024 Income 169,674 145,715 Interest and investment income 2,592 2,352 Gross Income for the year Expenditure 172,266 148,067 148,282 135,230 Depreciation and charges for impairment of fixed assets 156 405 Total expenditure for the year Net income before tax for the year 148,438 135,635 23,828 12,432 Net Income lor the year 23,828 12.432 Page 8
Home-start Southport & Formby Balance Sheet at 31 March 2025 Company No. 05360454 Note5 2025 2024 Fixed assets Tangible assets 12 156 312 156 312 Current assets Cash at bank and in hand 143,207 143,207 {5401 142,667 119,643 119,643 {9601 118,683 Creditors: Amount falling due within one year Net current assets 13 Totsl assets less current Ilabllltles 142,823 142,823 118.995 Net assets ex¢ludln8 penslon asset or Ilability 118,995 Total net assets 142,823 118.995 The funds of the charity Restrlrted fvnds Restricted income funds 14 62,944 62,944 36,916 36,916 Unrestrlcted funds General funds Designated funds 14 31,148 48,731 33,192 48,887 79,879 82,079 Reserves 14 Total fvnds 142,823 118,995 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance wSth section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 28 November 2025 And signed on its behalf by: S.E. Pennington Trustee 28 November 2025 Page 9
Home-start Southport & Formby Statement of Cash flows for the year ended 31 Marth 2025 2025 2024 Cash flows from operatin8 activities Net income per Statement of Flnanclal Actlvltles 23,828 12,432 Adjustments for: Depreciation of property, plant and equlpment Dividends, interest and rents from investments Decrease in trade and other payables 156 12,5921 14201 405 {2,352} {1,3871 Net cash provided by operatin8 actlvltles 20,972 9,098 Cash flows from Investlng actlvltles Dividends, interest and rents from investments 2,592 2,352 Net cash from investin8 activities 2,592 2,352 Net cash from financing actlvitles Net increase in cash and cash equlvalents 23,564 11,450 Cash and cash equivalents at the beginning of the year 119,643 108,193 Cash and cash equivalents at the end of the year 143,207 119,643 Components of cash and cash equivalents Cash and bank balances 143,207 119,643 143,207 119,643 Page 10
Home-start Southport & Formby Notes to the Accounts for the year ended 31 March 2025 l Accountlng pollcles Basls of preparatlon The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102,1 and the Charities SORP Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable In the UK and Republic of Ireland {FRS 1021" (effective l January 2019). The charity meets the definition of a publlc benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactlon value unless otherwise stated in the relevant accountin8 policy note. The functional currency used Is the £ Sterllng. Assets and liabilities are initially recognized at hlstorical cost or transaction value unless otherwise stated in the relevant accounting policy note. The functional currency used is the £ Sterling. Preparatlon of the accounts on a Eolng concern basls At the time of approving the account5. the trustees, have a reasonable expectation that the Charity has adequate resources to continue in operatlonal existence for the forseeable future. As such these account5 have been prepared under the going concern basis. Change In basls of accountlng or to prevlous accounts There has been no change to the accounting pollcies Ivaluatlon rules and method of accounting) since last year and no changes have been made to accounts for prevlous years. Fund a¢countln8 Unrestricted funds These are avallable for use at the discretlon of the Irustees in furtherance of the general objects of the charlty. These are unrestricted funds earmarked by the trustees for particular purposes. These are unrestricted funds whlch Include a revaluation reserve representing the restatement of investment assets at thelr market values. These are available for use subject to restrlctions imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Page 11
Home-start Southport & Formby Notes to the Accounts Income Recognition of income Income is included in the Statement of Financial Activities ISOFAI when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SOFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the incorne. Tax reclaims on Income from tax reclairns is included in the SOFA at the same time as the donations and gifts giftldonation to which it relates. Donated services These are only included in Incorne (with an equlvalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and materlal. Volunteer help The value of any volunteer help received is not included In the accounts. Investment income This is included in the account5 when receivable. Gainslllosse51 on This includes any gain or10ss resulting from revalulng Investments to market value revaluation of fixed at the end of the year. assets legacies Gains/{losses) on investment assets This includes any gain or loss on the sale of investments. Expendlture Reco8nition of expenditure Expendlture Is recognised on an accruals basis. Expenditure Includes any VAT whith cannot be fully recovered, and is reported as part of the expenditure to which St relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities seNices in the furtherance of its objects, including the making of 8rants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meetlng the constitutional and statutory requirements of the Charity, including any auditlindependent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. These are support costs not allocated to a particular activity. Grants payable Governance costs Other expenditure Taxatlon The charity is exempt from corporation tax on its charitable activities. Page 12
Home-start Southport & Formby Notes to the Accounts Freehold investment property Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated Items of stock are recognised at fair value which is the amount the charity would have been wllling to pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered, Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other creditors Short term creditors are measured at the transaction prSce. Other creditors and provisions are reco8nised where the charity has a present obligation resulting from a past event that will probably resu It in the transfer of funds to a third party and the arnount due to settle the obligation can be measured or estimated reliably. Creditors and prov151ons are normally reco8nlsed at their settlement amount after allowin8 for any trade discounts due. Research and development Expenditure on research and development is written off in the year in which it is incurred. Foreign currencles Monetary assets and liabilitles denominated in currencles other than the funttional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencie5 Other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchan8e differences are are taken into account in arriving at net income/expenditure. Page 13
Home-start Southport & Formby Notes to the Accounts Leased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classrfied as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are reco8nised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a strai8ht-Ilne basls over the lease term, In the event that lease incentives are received to enter into operatin8 leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. Pension costs The chariiy operates a defined contribution plan for its employees. A defined contribution plan Is a pension plan under which the cornpany pays fixed contributions Into a separate entity. Once the contributions have been paid the company has no further payments obllgatlons, The contrlbutions are recognised as expenses when they fall due, Amounts not pald are shown In accruals in the balance sheet. The assets of the plan are held separately frorn the company In Independently admlnlstered funds. Receipt of donated goods, facllltles and servkes All donated 8oods, facilities and sepiices received are recognised withln Incomlng resources and expenditure at an estimate of the value to the charity. 2 Company status The company Is a prlvate company limited by guarantee and consequently does not have Share capital. Page 14
Home-start Southport & Formbv Notes to the kcounts 3 Statement of Financial Activities - prior year Unrestricted funds 2024 RestrSrted funds Total funds 2024 2024 Income and endowments from: Donations and legacles Charbtable activitie5 Other trading activities Investments 18,313 1,150 3,042 2,352 123,210 141,523 1,150 3,042 2,352 Total 24,857 123,210 148.067 Expenditure on: Charitable artivitles 26,730 108,905 135,635 Total 26,730 108,905 135,635 Net income 11,8731 14,305 12,432 Net Income before other 8alns1(losses) Other galns and losses; Net movement in funds {1,8731 14,305 12,432 11,873} 14,305 12,432 Reconclllatlon ol funds: Total funds brought forward Total funds Carrled fonmard 83,952 22,611 106,563 82,079 36,916 118,995 Page 15
Home-start Southport & Formby Notes to the Accounts 4 Income from donatlons and legacles Unrestrkted Restrlcted Total Total 2025 2024 TNL Community Fund- A better start in Southport and Formby Community Impact Fund Groundwork UK 24,104 24,104 3,000 250 Pears Foundation Sefton CVS 9,995 6,000 30.300 25,000 3,221 500 Children in Need Steve Morgan Foundatlon NFUM 35,000 35,000 Sefton Wellbeing Southport Lions John Lewis {Waitrose} The Eric Wright Charitable Trust 1,453 793 15,000 First Five Foundation Groundwork One Stop P H Holt Foundation John Moores Foundatlon Llving Well Sefton Co-operatlve Food Group VOLA 300 1,250 8,000 6,000 1,540 4,938 2,525 6,000 6,000 24,104 41,000 65,104 120,065 5 Income from charitable activitles Unrestrlcted Total Total 2025 2024 Cost of Living Fund Lottery Community Fund 14,484 14,484 1,000 150 14,484 14,484 1.150 Page 16
Home-start Southport & Formbv Notes to the Accounts 6 Income from other tradln8 artivlties Total Total 2025 2024 Fundraislng 3,042 3,042 7 Income from Investments Unrestrlcted Total Total 2025 2024 Interest Receivable 2,592 2,592 2,592 2,592 2,352 2.352 8 Expenditure on raising funds Unrestrfcted Total Total 2025 2024 Fundroising troding costs Fundraising 40 40 40 40 9 Expendlture on charltable actlvltles Unrestrkted Restrlcted Total Total 2025 2024 Expenditure on choritoble octivities Cost of Living Fund Admin costs 20,888 1,227 22,115 16,922 Employee Costs Motor and travel costs 3,682 2,146 3,545 94,231 97,913 2,146 13,145 92,798 3,174 11.644 Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs Governance costs 9,600 156 156 405 7,853 5,070 7,853 5,070 8,917 1,775 43,340 105,058 148,398 135,635 10 Net Income before transfers 2025 2024 This is stated after charging: Depreciation of owned fixed assets 156 405 Page 17
Home-start Southport & Formby Notes to the Accounts 11 Stsff costs 2025 2024 Salaries and wages Social security costs Pension costs 89,489 2,224 6,100 97,813 86,285 1,044 4,896 92.225 No employee received emolument5 in excess of £60,000. 12 Tangible fixed assets Cost or revaluation At l April 2024 At 31 March 2025 Depreciatlon and Impairment At l April 2024 Depreciation charge for the year At 31 March 2025 12,620 12,620 12.620 12,620 12,308 12,308 156 156 12,464 12.464 Net book values At 31 March 2025 At 31 March 2024 13 Credltors: amounts falling due wlthln one year 156 312 156 312 2025 2024 Other taxes and soclal security Accruals 420 540 540 540 960 Page 18
Home-start Southport & Formby Notes to the Accounts 14 Movement In funds Incomln8 resources At31 March 2025 (Includln8 At l April other 2024 gains/lossesl Resources expended Gross transfers Restricted funds: Restrirted income funds: Lottery Community Fund Postcode Community Sefton CVS Workplace Sefton CVS Sefton CVS The Eric Wright Charitable Trust Sefton CVS UKSPF Steve Morgan Foundation Community Foundation Cadent Sefton CVS Oru8 Use Co-operative Food Group John Moores Foundatlon Co-operative 100 Club 10,611 30,000 500 500 4,000 110,6111 {30,000) (100} 1500) 16271 400 1,375 4,748 15,000 20,000 3,200 35,000 10,000 4,500 3,000 500 6,000 (20,0001 (1,6001 135,0001 {1201 15,000 1,600 9,880 4,500 3,000 (500} {6,0001 3,719 16,822 3,719 20,097 3,275 Totol 36,916 131,086 1105,0581 62,944 Unrestrirted funds: General funds 21,239 41,180 {31,427) 156 31,148 Designated funds: Contingency Fund Redundancy Fund Fixed Asset Fund 30,575 18,000 312 30,57S 18,000 156 1156} 11561 Totol 48,887 48,731 Total funds 107,042 172,266 {136,485) 142,823 Purposes and restrictions in relation to the funds: Restricted funds: Lottery Community Fund Postcode Community Sefton CVS Workplace Sefton CVS Sefton CVS Family Support Worker salary Family Support Worker salary Workplace Core costs Clothing Support Page 19
Home-start Southport & Formby Notes to the Accounts The Eric Wright Charitable Trust Sefton CV5 UKSPF Steve Morgan Foundation Community Foundation Cadent Sefton CVS Drug Use Co-operative Food Group John Moores Foundation Co-operative 100 Club Core cost5 Digital Connectivity Manager's salary Core costs Core cost5 Drug Use Counselling Family Support Worker Counselling Core costs Designated funds: Contingency Fund Redundancy Fund Fixed Asset Fund Supports any unplanned expenses Supports payments to employees in the event of a wlnding up Represents monies ordinarily not available for charitable purposes. IS Analysls of net assets between funds Unrestrlcted funds Total Fixed assets Net current assets 156 156 142,667 142,823 142,667 142,823 16 Reconciliation of net cash / Inet debt) At31 March 2025 At l Aprll 2024 Cash flows Cash and cash equlvalents 119,643 119,643 23.564 23,564 143.207 143,207 Net cash / {net debt) 119,643 23,564 143,207 FRS 102 requires and entity to report changes in net debt in the accountlng period. Home-slart Southport and Formby does not carry any debt or other borrowin8s and has a positive net cash position Page 20
Home-start Southport & Formby Notes to the Accounts 17 Commitments Operatlng lease commltments Annual commitments under non-cancellable operating leases are as follows: 2025 Land and buildings 2025 2024 Land and buildings 2024 Other Other Operating leases with expiry date: Pension tommitments 2025 2024 The pension cost charge to the company amounted to: 6, 100 4,896 18 Related party dlsclosures Controlling porty The company Is Ilmlted by guarantee and has no share capital; thus no sln8le party controls the cornpany, Page 21