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← Home-Start Lambeth

2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1112014

REGISTERED COMPANY NUMBER: 05363089 (England and Wales)

HOME-START LAMBETH

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Accountability Europe Limited Omnibus Workspace 39-41 North Road London N7 9DP

HOME-START LAMBETH

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page
Reference and Administrative Information 1
Report of the Trustees
2 - 8
Independent Examiner'sReport
9
StatementofFinancialActivities
10
BalanceSheet
11
Notes to theFinancialStatements
12 - 16

HOME-START LAMBETH

REFERENCE AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

Registered Company number 05363089 (England and Wales)
Registered Charity number 1112014
Registered office Unit 2 Holles House
Overton Road
London
SW9 7AP
Trustees J Peek - Chair
E Parsons
J Pitt
A Wood
L Thorpe (appointed May 2024)
T Ladega (appointed Dec 2024)
M Davenport (appointed Jan 2025)
Independent Examiner Accountability Europe Limited
Omnibus Workspace
39-41 North Road
London
N7 9DP
Bankers Unity Trust Bank
PO Box 7193
Planetary Road
Willenhall
WV1 9DG

1

HOME-START LAMBETH

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 annual report together with the financial statements of the charity for the year ending 31 March 2025 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.

OBJECTIVES AND ACTIVITIES

The purpose of the charity, as set out in its governing documents are:

Home-Start Lambeth’s core service is matching local volunteers with local families with children under the age of 5 years living in the London Borough of Lambeth. We set goals with these families and our volunteers work with families to help them to achieve these goals. This model of empowerment and friendship is a lifeline to families experiencing considerable challenges. We continue to be impressed by the strength and resilience of our families and their determination to provide their children with the best possible start in life.

Home-Start Lambeth works in partnership with referrers to identify families in need of support and put in place appropriate support. This includes Social Workers, Health Visitors, Children Centres and other Health Professionals. We also have many self-referrals, as families recognise themselves that they need extra help. We work with families with universal and targeted needs, preventing children from needing specialist help. Our weekly consistent home-based support helps families to recognise their own strengths and develop their own approaches.

The specific objectives of Home-Start Lambeth are to increase the confidence and independence of the family by:

2

HOME-START LAMBETH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

Achievements

We supported 166 families with 301 children this year across all services.

Core service

45 families (61 parents/carers & 87 children) were supported through our home visiting service. The consistent weekly support of our volunteers strengthened the wellbeing and community connections of families. This boosted resilience helped parents and carers to better meet the needs of their young children during their critical early years.

We asked families whether our support made a difference:

Groups

31 families with 49 children attended Little Legends toddler group. Families reported:

100% of parents strongly agreed or agreed with the following statements:

Freedom programme

Our Freedom programme for domestic abuse survivors helps attendees to understand their experiences and gives information on healthy relationships to help them to recognise positive relationship dynamics in the future. 47 DA survivors attended the Freedom programme this year. Their families included 58 children. Attendees reported:

3

HOME-START LAMBETH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

Rose vouchers

Through the Rose Vouchers for Early Years scheme, we work with low income families to support parents in giving their children the healthiest possible start in life. In 2024/25, families spent £7,525 in vouchers, directly supporting local access to healthy food. A total of 43 families collected vouchers at least once, benefiting 107 eligible children.

How our activities deliver public benefit

We refer to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Home-Start Lambeth provides a range of benefits to the public as we aim to increase the confidence, wellbeing and independence of families through the provision of friendship, help and support. Our service is open to any member of the public with children under the age of five who needs to use the service because they are experiencing difficulties in their family life, subject only to our capacity. We then provide a range of support to these families, including parenting support, help with accessing services and improved health and well-being.

FUTURE PLANS

For now our future plans are to focus on the sustainability of our organisation. The families we support have particularly acute needs and these needs will only be compounded by the cost-of-living crisis and reduced service provisions across both the statutory and voluntary sector. We will monitor this carefully and ensure that we remain agile in the face of these challenges.

FINANCIAL REVIEW

Financial position

Results for the year are given in the Statement of Financial Activities. The assets and liabilities are given in the Balance Sheet. The financial statements should be read in conjunction with the related notes.

Total income for the year decreased by £15,629 for the year compared to financial year end (FYE) 2024. However, the amount raised through individual and corporate support was £22,089 an increase of 337% from the previous year’s total of £6,548. This reflects the increased efforts on diversifying funding sources through FYE25 raising total funding to £223,925.

Total expenditure for FYE25 was £230,698, the entirety of which related to charitable activities.

As a result, there was an overall deficit of £6,773. (FYE24 surplus of £1,361).

Funds carried forward totalled £19,844.

4

HOME-START LAMBETH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

Principal funding sources

The trustees continue to pursue a strategy of seeking funding from diverse sources which has in the main been successful. During this year Home-Start Lambeth has received funding from a variety of sources including local and national trusts and foundations. A breakdown of these sources of funding is shown in note 2 to the financial statements. We are incredibly grateful to Lambeth Council, City Bridge, National Lottery Community Fund and Garfield Weston, amongst others, for their generous on-going support, and very much look forward to working with them again through FYE26 and beyond.

We continue to focus attention on securing on-going funding to ensure that we can provide high quality training to our volunteers and exceptional service delivery to the families in our community in need of our support. Further funding and replacement funding (as grants draw to a close) is required in order for us to fully achieve both our near- and medium-term business plan goals and continue to secure our long-term future. With this at the forefront of our minds we continue to seek to identify and apply for new sources of funding to cover both our project delivery and core costs whilst also maintaining a close control of our expenditure.

While funding remains an on-going consideration, the trustees believe that diversification of funding sources, particularly multi-year grants, on-going corporate support and working with individuals, will be the best way to create stability for the charity. We are pleased with our successes this year and efforts are underway to continue developing these funding sources.

Investment policy and objectives

The trustees, having regard to the liquidity requirements of operating the charity, have kept available funds in a reserve account and will seek to achieve as high a rate of return on deposit as possible. At the year-end total investment income was £49 (FYE24 £49).

Reserves policy

The Management Committee has examined the charity’s requirements for reserves in light of the main risks to the organization. The trustees aim to work to a minimum 12-month budget and to maintain reserves of at least 3 months of annual expenditure. The reserves are needed to meet the working capital requirements of the charity and the Management Committee are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding. Although the strategy is to build reserves through planned operating surpluses, the Management Committee has also considered the extent to which existing activities and expenditure could be curtailed, should such circumstances arise.

Going concern

Note 1 in the notes to the financial statements explains that the charitable company's ability to continue as a going concern is dependent on it being able to secure new sources of income. For the financial year ended 31 March 2025, the charity has sufficient unrestricted reserves and has diversified its funding sufficiently to be able to continue in the same capacity.

As per the Income and Expenditure Account, reserves have fallen below the ''3 months annual expenditure'' stated in the Reserves Policy. A key strategic goal and management focus is be replenishing our reserves such that they meet three months’ running costs in the near term.

5

HOME-START LAMBETH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

Due consideration is given to the scope for the curtailment of activities, and thus expenditure, should the need arise, though this is not the current assumption or expectation of the trustees.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable company limited by guarantee, incorporated on 14 February 2005 and registered as a charity on 10 November 2005. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are also known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association one-third of the members of the Management Committee must stand for re-election at the next Annual General Meeting.

Organisational structure

A board of Directors, collectively the Board of Trustees, administer and govern the organisation. The Board of Trustees as a board bring multiple skills in order to manage the business of the company and come from a range of professional disciplines such as health, business management, education, marketing, public sector and private sector management, accounting and fundraising.

The Board of Trustees meets 8 times a year and co-opts 'skilled individuals' to support the organisation when and as required to deal with issues when they arise. The trustees are responsible for the preparation of the accounts and the Company Secretary is responsible for making the appropriate returns to Companies House, Charity Commission and Her Majesty's Revenue and Customs. New members undergo an induction with Home-Start, the national organisation and the regional consultant.

Risk management

The Board of Trustees is responsible for ensuring that good practice is maintained in terms of health & safety, safeguarding the welfare of children, confidentiality, data security and equal opportunities amongst other things.

The Board of Trustees is responsible for:

6

HOME-START LAMBETH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

Governance

Home-Start Lambeth principles are based on the Standards and Methods of practice of the HomeStart national organisation:

Trustee changes

During the year we welcomed Lucy Thorpe (appointed May 2024) Tireni Ladega (appointed Dec 2024) and Megan Davenport (appointed Jan 2025) as new trustees. We look forward to working with them to grow our charity and ensure ongoing support to families across Lambeth.

STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES

The trustees (who are also directors of charitable company for the purposes of company law) are responsible for preparing the Trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.

In preparing these financial statements, the trustees are required to:

7

HOME-START LAMBETH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees confirm that the financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice – Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

The financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

Approved by order of the board of trustees on 15[th] December 2025 and signed on its behalf by:

Jeannie Pitt – Trustee

8

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

HOME-START LAMBETH

FOR THE YEAR ENDED 31 MARCH 2025

I report to the trustees on my examination of the accounts of Home-Start Lambeth for the year ended 31 March 2025.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

INDEPENDENT EXAMINER’S STATEMENT

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

……………………………….… Aamer Shehzad FCA Accountability Europe Ltd Omnibus Workspace 39-41 North Road London N7 9DP

Date: 15[th] December 2025

9

HOME-START LAMBETH

STATEMENT OF FINANCIAL ACTIVITIES

(incorporating an income and expenditure account)

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Note
£
Income from:		 Unrestricted
Note
£
Income from:		 Restricted
£		 2025
Total
£		 Unrestricted
£		 Restricted
£		 2024
Total
£
Donations and grants
2		 50,693 173,183 223,876 26,548 212,957 239,505
Charitable activities
3
Investments
4
Total income
Expenditure on:
Charitable activities
Total expenditure
5
6
Reconciliation of funds:
13
Total funds brought forward
Total funds carried forward
Net income/ (expenditure)
for the year		 -
49		 -
-		 -
49
223,925
230,698
230,698
(6,773)
26,617
19,844		 1,070
49		 -
-		 1,070
49
240,624
239,263
239,263
1,361
25,256
26,617
50,742 173,183 27,667 212,957
58,915 171,783 26,306 212,957
58,915 171,783 26,306 212,957
(8,173)
26,617		 1,400
-		 1,361
25,256		 -
-
18,444 1,400 26,617 -

10

HOME-START LAMBETH

BALANCE SHEET

AS AT 31 MARCH 2025

Note
Fixed assets
9
Current assets
10
Liabilities:
11
12
13
Total net assets
Restricted funds
Unrestricted funds
Cash at bank and in hand
Tangible assets
Debtors
Total charity funds
Charity funds
Creditors: amounts falling due
within one year
Net current assets		 Unrestricted
funds
£
915
5,723
15,712
21,435
(3,906)
17,529
18,444
-
18,444
18,444		 Restricted
funds
£
-
-
49,970
49,970
(48,570)
1,400
1,400
1,400
-
1,400		 2025
Total
£
915
5,723
65,682
71,405
(52,476)
18,929
19,844
1,400
18,444
19,844		 2024
Total
£
2,929
3,292
83,769
87,061
(63,373)
23,688
26,617
-
26,617
26,617

For the year ended 31 March 2025 the charitable company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The Trustees/ Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 15th December 2025 and were signed on its behalf by:

Jeannie Pitt - Trustee

Company Registered No. 05363089

The attached notes form part of the financial statements.

11

HOME-START LAMBETH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Statutory information

Home-Start Lambeth is a charitable company limited by guarantee and is incorporated in England and Wales. The registered office address is Unit 2 Holles House, Overton Road, London SW9 7AP.

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

Going concerns

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. There are no material uncertainties affecting the current year's accounts.

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from grants and donations are recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

Bank interest on funds is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures and fittings 25% on cost Computer equipment 33% on cost

12

HOME-START LAMBETH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2
3
4		 Donations and grants
Unrestricted
£
Donations
22,089
Grants:
Lambeth Family Hubs
-
City Bridge Foundation
-
National Lottery Community Fund
-
Garfield Weston
20,000
Children In Need
-
Lambeth Wellbeing Fund
-
Southern Gas Network Via HSUK
8,604
Henry Smith Charity
-
Leap Co-create (National Children's Bureau
-
The Peter Stebbings Memorial Trust
-
The Kelly Family Charitable Trust
-
Walcot Foundation
-
Lloyds Banking Foundation
-
The Three Oaks Trust
-
Hymans Robertson
-
Mayor's VAWG Fund
-
Pears Foundation Via HSUK
-
Total donations and grants
50,693
Charitable Activities
Home Start UK
-
-
Deposit account interest
49
49
Investment income		 Restricted
£
-
51,016
47,882
25,819
-
10,000
10,000
-
7,800
5,000
5,000
3,333
2,500
2,100
2,083
650
-
-
173,183
-
-
-
-		 2025
Total
£
22,089
51,016
47,882
25,819
20,000
10,000
10,000
8,604
7,800
5,000
5,000
3,333
2,500
2,100
2,083
650
-
-
223,876
-
-
49
49		 2024
Total
£
6,548
-
42,664
65,601
20,000
10,000
10,000
-
31,050
5,000
4,995
-
-
10,200
-
650
26,373
6,424
239,505
1,070
1,070
49
49

13

HOME-START LAMBETH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5 Analysis of expenditure (current year)

Costs of raising Charitable Support 2025 2024
funds activities costs Total Total
£ £ £ £ £
Staff cost - 109,660 72,078 181,738 195,564
Direct cost - 1,995 - 1,995 7,085
Other staff cost - - 3,902 3,902 5,009
Office cost - - 3,142 3,142 4,277
IT Cost - - 3,060 3,060 -
Premises cost - - 16,005 16,005 15,210
Subscriptions - - 7,853 7,853 4,307
Legal & professional fees - - 10,271 10,271 5,585
Independent examination fees - - 720 720 720
Depreciation - - 2,012 2,012 1,506
- 111,655 119,043
 230,698
 239,263
Support costs allocation - 119,043 (119,043) -
 -
Total Expenditure 2025 - 230,698 -
 230,698
 239,263
Of the total expenditure, £58,915 was unrestricted (2024: £26,306) and £171,783 was restricted (2024: £212,957).

Analysis of expenditure (prior year)

£
Staff cost
-
Direct cost
-
Other staff cost
-
Office cost
-
Premises cost
-
Subscriptions
-
Legal & professional fees
-
Independent examination fees
-
Depreciation
-
-
Support costs allocation
-
Total Expenditure 2024
-
6
Net income/ (expenditure) for the year
Costs of raising
funds		 £
113,460
7,085
-
-
-
-
-
-
-
120,545
118,718
239,263
Charitable
activities		 £
82,104
-
5,009
4,277
15,210
4,307
5,585
720
1,506
118,718
(118,718)
-
Support
costs		 £
195,564
7,085
5,009
4,277
15,210
4,307
5,585
720
1,506
239,263
-
239,263
2025
2024
Total		 2024
This is stated after charging: £ £
Depreciation - owned assets 2,012 1,506
Independent examination fee (excl VAT) 600 600

14

HOME-START LAMBETH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Analysis of staff costs, trustees remuneration and expenses,
Wages and salaries
Social security costs
Other pension costs
and the cost of key management personnel		 2025
£
167,936
9,861
3,941
181,738		 2024
£
178,084
12,374
5,106
195,564

No employees received emoluments in excess of £60,000.

The total costs of key management personnel (including employer NIC and pension) were £52,756 (2024: £54,773).

The average monthly number of employees (head count) during the year:

2025 2024
Charitable activities 6 6
Governance 1
7		 1
7
Trustees remuneration and expenses

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 (2024: £nil).

No charity trustee received payment for professional or other services supplied to the charity (2024: £nil). There were no trustees' expenses paid for the year ended 31 March 2025 (2024: £nil).

8 Related party

There are no related party transactions to disclose for the year (2024: none).

9 Tangible fixed assets

At the start and at the end of the year
At the start of the year
At the start of the year
Charge for the year
At the end of the year
Cost
Depreciation
Net book value
At the end of the year		 Fixtures &
Fitting
£
8,979
8,979
-
8,979
-
-		 Computer
Equipment
£
9,431
6,504
2,012
8,516
915
2,927		 Totals
£
18,410
15,483
2,012
17,495
915
2,927

15

HOME-START LAMBETH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR THE YEAR ENDED 31 MARCH 2025
10
Other debtors
11
Prepayments and accrued income
Social securityand other taxes
Debtors
Creditors: amounts falling due within one year		 2025
£
2,139
3,585
5,723
2025
£
486		 2024
£
2,139
1,153
3,292
2024
£
5,061
Deferred income comprises of grants received in advance.
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year
12 Analysis of net assets between funds - current year
Deferred income
Deferred income:
Accruals		 3,420
48,570		 2,520
55,792
63,373
2024
£
54,609
(54,609)
55,792
55,792
52,476
General
unrestricted		 Restricted Total
funds
Analysis of net assets between funds - prior year
Tangible fixed assets
Net current assets
Net assets at the end of the year		 2025
£
915
17,529
18,444		 2025
£
-
1,400
1,400		 2025
£
915
18,929
19,844
General
unrestricted		 Restricted Total
funds
Tangible fixed assets
Net current assets
Net assets at the end of the year		 2024
£
2,929
23,688
26,617		 2024
£
-
-
-		 2024
£
2,929
23,688
26,617

16

HOME-START LAMBETH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

13 Movement in funds - current year

13
Movement in funds - current year
Restricted funds
Lambeth Family Hubs
City Bridge Foundation
National Lottery Community Fund
Children In Need
Lambeth Wellbeing Fund
Henry Smith Charity
Leap Co-create (National Children's Bureau)
The Peter Stebbings Memorial Trust
The Kelly Family Charitable Trust
Walcot Foundation
Lloyds Banking Foundation
The Three Oaks Trust
Hymans Robertson
Total Restricted Funds
Unrestricted Funds		 At the start
of the year
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Income
£
51,016
47,882
25,819
10,000
10,000
7,800
5,000
5,000
3,333
2,500
2,100
2,083
650
173,183		 Expenditure
£
(51,016)
(47,882)
(25,819)
(10,000)
(10,000)
(7,800)
(5,000)
(5,000)
(3,333)
(2,500)
(700)
(2,083)
(650)
(171,783)		 At the end
of the year
£
-
-
-
-
-
-
-
-
-
-
1,400
-
-
1,400
General Funds 26,617 50,742 (58,915) 18,444
Total Funds
Restricted funds
National Lottery Community Fund
City Bridge Foundation
Henry Smith Charity
Mayor's VAWG Fund
Lloyds Banking Foundation
Children In Need
Lambeth Wellbeing Fund
Pears Foundation Via HSUK
Leap Co-create (National Children's Bureau)
Beacon Lodge Trust
Hymans Robertson
Total Restricted Funds
Movement in funds - prior year
Unrestricted Funds		 26,617
At the start
of the year
£
-
-
-
-
-
-
-
-
-
-
-
-		 223,925
Income
£
65,601
42,664
31,050
26,373
10,200
10,000
10,000
6,424
5,000
4,995
650
212,957		 (230,698)
Expenditure
£
(65,601)
(42,664)
(31,050)
(26,373)
(10,200)
(10,000)
(10,000)
(6,424)
(5,000)
(4,995)
(650)
(212,957)		 19,844
At the end
of the year
£
-
-
-
-
-
-
-
-
-
-
-
-
General 25,256 27,667 (26,306) 26,617
Total funds 25,256 240,624 (239,263) 26,617

17