**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**|<br>**2 - 8**|
|**Independent Examiner'sReport**|<br>**9**|
|**StatementofFinancialActivities**|<br>**10**|
|**BalanceSheet**|<br>**11**|
|**Notes to theFinancialStatements**|<br>**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: 

- To safeguard, protect and preserve the good health, both mental and physical of children and parents of children 

- To prevent cruelty to or maltreatment of children 

- To relieve sickness, poverty and need amongst children and parents of children 

- To promote the education of the public in better standards of childcare within the area of Lambeth and its environs 

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: 

- Offering support, friendship and practical assistance 

- Visiting families in their own homes, making our service more accessible and fostering a trusting relationship that supports long term, positive changes in family life 

- Reassuring parents that difficulties in bringing up children are not unusual and encouraging them to enjoy family life 

- Developing a relationship with the family in which time can be shared and understanding developed; the approach is flexible to take into account families’ own individual needs 

- Encouraging parents' strengths and wellbeing for the ultimate benefit of their children 

- - Encouraging families to widen their network of relationships and to use effectively the support services within the community, when they are ready 

- Supporting families who have experienced domestic abuse through direct support and through the Freedom Programme. 

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: 

- 100% felt less isolated after support 

- 100% improvement in parental wellbeing 

- 100% improved in getting support from other services and organisations 

- 100% improved in coping with extra work caused by multiple birth/children under 5 

- 86% improved in managing day to day things like shopping, cooking, laundry and managing money 

- 83% improved in coping with child’s physical health 

- 67% improved in coping with their children’s mental health 

## **Groups** 

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

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

- My children look forward to Little Legends 

- Little Legends aids my child(ren)’s development (Confidence, socialising, learning colours etc.) 

- My child(ren) and I formed new relationships and felt less isolated at Little Legends today 

## **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: 

- 90% agreed with the statement “Compared to before I attended the Freedom Programme, I have a better understanding of healthy and unhealthy relationships” 

- 88% of Freedom attendees said that after the programme they feel less isolated 

- 68% of Freedom attendees demonstrated increased self-esteem, as measured by the Rosenberg self-esteem score 

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: 

- providing monitoring reports to each of the funders 

- attending review meetings with senior members of staff 

- maintaining appropriate insurance for staff and premises based on advice from Home-Start UK 

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: 

- To have an effective management committee who is responsible for employing/supporting the staff and to be committed to good employment practice, funding, insurance, premises and to ensure that the scheme works collaboratively with other voluntary and statutory organisations within the borough 

- The range of referrals and self-referrals are not limited except where the resources are not available to meet the number or complexities of cases 

- All volunteers are carefully selected and attend an initial course of preparation. On-going training and support must be provided to meet their needs, which develop over the course of their work with Home-Start Lambeth 

- All members of the management committee, staff and volunteers must be aware of and work within all policies such as equal opportunities, confidentiality, child protection, health & safety and risk assessments 

- Home-Start Lambeth must retain close links with Home-Start, the national organisation to obtain training, information and guidance. 

## **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: 

- Select suitable accounting policies and then apply them consistently. 

- Observe the methods and principles in the Charities SORP (Statement of Recommended Practice). 

- Make judgements and estimates that are reasonable and prudent. 

- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. 

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

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



10 



**HOME-START LAMBETH** 

## **BALANCE SHEET** 

## **AS AT 31 MARCH 2025** 

|**Note**<br>**Fixed assets**<br>**9**<br>**Current assets**<br>**10**<br>**Liabilities:**<br>**11**<br>**12**<br>**13**<br>**Total net assets**<br>Restricted funds<br>Unrestricted funds<br>Cash at bank and in hand<br>Tangible assets<br>Debtors<br>**Total charity funds**<br>**Charity funds**<br>Creditors: amounts falling due<br>within one year<br>**Net current assets**|**Unrestricted**<br>**funds**<br>**£**<br>915<br>5,723<br>15,712<br>**21,435**<br>(3,906)<br>**17,529**<br>**18,444**<br>**-**<br>18,444<br>**18,444**|**Restricted**<br>**funds**<br>**£**<br>-<br>-<br>49,970<br>**49,970**<br>(48,570)<br>**1,400**<br>**1,400**<br>1,400<br>-<br>**1,400**|**2025**<br>**Total**<br>**£**<br>**915**<br>**5,723**<br>**65,682**<br>**71,405**<br>**(52,476)**<br>**18,929**<br>**19,844**<br>**1,400**<br>**18,444**<br>**19,844**|2024<br>Total<br>£<br>2,929<br>3,292<br>83,769|
|---|---|---|---|---|
|||||87,061<br>(63,373)|
|||||23,688|
|||||26,617|
|||||-<br>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**<br>**3**<br>**4**|**Donations and grants**<br>Unrestricted<br>£<br>Donations<br>22,089<br>**Grants:**<br>Lambeth Family Hubs<br>-<br>City Bridge Foundation<br>-<br>National Lottery Community Fund<br>-<br>Garfield Weston<br>20,000<br>Children In Need<br>-<br>Lambeth Wellbeing Fund<br>-<br>Southern Gas Network Via HSUK<br>8,604<br>Henry Smith Charity<br>-<br>Leap Co-create (National Children's Bureau<br>-<br>The Peter Stebbings Memorial Trust<br>-<br>The Kelly Family Charitable Trust<br>-<br>Walcot Foundation<br>-<br>Lloyds Banking Foundation<br>-<br>The Three Oaks Trust<br>-<br>Hymans Robertson<br>-<br>Mayor's VAWG Fund<br>-<br>Pears Foundation Via HSUK<br>-<br>**Total donations and grants**<br>**50,693**<br>**Charitable Activities**<br>Home Start UK<br>-<br>**-**<br>Deposit account interest<br>49<br>**49**<br>**Investment income**|Restricted<br>£<br>-<br>51,016<br>47,882<br>25,819<br>-<br>10,000<br>10,000<br>-<br>7,800<br>5,000<br>5,000<br>3,333<br>2,500<br>2,100<br>2,083<br>650<br>-<br>-<br>**173,183**<br>-<br>**-**<br>-<br>**-**|**2025**<br>**Total**<br>**£**<br>**22,089**<br>**51,016**<br>**47,882**<br>**25,819**<br>**20,000**<br>**10,000**<br>**10,000**<br>**8,604**<br>**7,800**<br>**5,000**<br>**5,000**<br>**3,333**<br>**2,500**<br>**2,100**<br>**2,083**<br>**650**<br>**-**<br>**-**<br>**223,876**<br>**-**<br>**-**<br>**49**<br>**49**|2024<br>Total<br>£<br>6,548<br>-<br>42,664<br>65,601<br>20,000<br>10,000<br>10,000<br>-<br>31,050<br>5,000<br>4,995<br>-<br>-<br>10,200<br>-<br>650<br>26,373<br>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<br>|**230,698**<br>|239,263|
|Support costs allocation|-|119,043|(119,043)|**-**<br>|-|
|**Total Expenditure 2025**|-|**230,698**|**-**<br>|**230,698**<br>|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)** 

|£<br>Staff cost<br>-<br>Direct cost<br>-<br>Other staff cost<br>-<br>Office cost<br>-<br>Premises cost<br>-<br>Subscriptions<br>-<br>Legal & professional fees<br>-<br>Independent examination fees<br>-<br>Depreciation<br>-<br>-<br>Support costs allocation<br>-<br>Total Expenditure 2024<br>-<br>**6**<br>**Net income/ (expenditure) for the year**<br>Costs of raising<br>funds|£<br>113,460<br>7,085<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>120,545<br>118,718<br>239,263<br>Charitable<br>activities|£<br>82,104<br>-<br>5,009<br>4,277<br>15,210<br>4,307<br>5,585<br>720<br>1,506<br>118,718<br>(118,718)<br>-<br>Support<br>costs|£<br>195,564<br>7,085<br>5,009<br>4,277<br>15,210<br>4,307<br>5,585<br>720<br>1,506<br>239,263<br>-<br>239,263<br>**2025**<br>2024<br>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** 

- **7 Analysis of staff costs, trustees remuneration and expenses, and the cost of key management personnel** 

|**Analysis of staff costs, trustees remuneration and expenses,**|||
|---|---|---|
|Wages and salaries<br>Social security costs<br>Other pension costs<br>**and the cost of key management personnel**|**2025**<br>**£**<br>**167,936**<br>**9,861**<br>**3,941**<br>**181,738**|2024<br>£<br>178,084<br>12,374<br>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**<br>**7**|1<br>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<br>At the start of the year<br>At the start of the year<br>Charge for the year<br>At the end of the year<br>**Cost**<br>**Depreciation**<br>**Net book value**<br>**At the end of the year**|Fixtures &<br>Fitting<br>£<br>8,979<br>8,979<br>-<br>8,979<br>-<br>-|Computer<br>Equipment<br>£<br>9,431<br>6,504<br>2,012<br>8,516<br>915<br>2,927|**Totals**<br>**£**|
|---|---|---|---|
||||**18,410**|
||||**15,483**<br>**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**<br>Other debtors<br>**11**<br>Prepayments and accrued income<br>Social securityand other taxes<br>**Debtors**<br>**Creditors: amounts falling due within one year**||**2025**<br>**£**<br>**2,139**<br>**3,585**<br>**5,723**<br>**2025**<br>**£**<br>**486**|2024<br>£<br>2,139<br>1,153<br>3,292<br>2024<br>£<br>5,061|
|Deferred income comprises of grants received in advance.<br>Balance at the beginning of the year<br>Amount released to income in the year<br>Amount deferred in the year<br>Balance at the end of the year<br>**12 Analysis of net assets between funds - current year**<br>Deferred income<br>**Deferred income:**<br>Accruals||**3,420**<br>**48,570**|2,520<br>55,792<br>63,373<br>2024<br>£<br>54,609<br>(54,609)<br>55,792<br>55,792|
|||**52,476**||
||**General**<br>**unrestricted**|**Restricted**|**Total**<br>**funds**|
|Analysis of net assets between funds - prior year<br>Tangible fixed assets<br>Net current assets<br>Net assets at the end of the year|**2025**<br>**£**<br>915<br>17,529<br>**18,444**|**2025**<br>**£**<br>-<br>1,400<br>**1,400**|**2025**<br>**£**<br>**915**<br>**18,929**<br>**19,844**|
||General<br>unrestricted|Restricted|Total<br>funds|
|Tangible fixed assets<br>Net current assets<br>Net assets at the end of the year|2024<br>£<br>2,929<br>23,688<br>26,617|2024<br>£<br>-<br>-<br>-|2024<br>£<br>2,929<br>23,688<br>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**<br>**Movement in funds - current year**|||||
|---|---|---|---|---|
|**Restricted funds**<br>Lambeth Family Hubs<br>City Bridge Foundation<br>National Lottery Community Fund<br>Children In Need<br>Lambeth Wellbeing Fund<br>Henry Smith Charity<br>Leap Co-create (National Children's Bureau)<br>The Peter Stebbings Memorial Trust<br>The Kelly Family Charitable Trust<br>Walcot Foundation<br>Lloyds Banking Foundation<br>The Three Oaks Trust<br>Hymans Robertson<br>**Total Restricted Funds**<br>**Unrestricted Funds**|**At the start**<br>**of the year**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>**-**|**Income**<br>**£**<br>51,016<br>47,882<br>25,819<br>10,000<br>10,000<br>7,800<br>5,000<br>5,000<br>3,333<br>2,500<br>2,100<br>2,083<br>650<br>**173,183**|**Expenditure**<br>**£**<br>(51,016)<br>(47,882)<br>(25,819)<br>(10,000)<br>(10,000)<br>(7,800)<br>(5,000)<br>(5,000)<br>(3,333)<br>(2,500)<br>(700)<br>(2,083)<br>(650)<br>**(171,783)**|**At the end**<br>**of the year**<br>**£**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**1,400**<br>**-**<br>**-**<br>**1,400**|
|General Funds|26,617|50,742|(58,915)|**18,444**|
|**Total Funds**<br>Restricted funds<br>National Lottery Community Fund<br>City Bridge Foundation<br>Henry Smith Charity<br>Mayor's VAWG Fund<br>Lloyds Banking Foundation<br>Children In Need<br>Lambeth Wellbeing Fund<br>Pears Foundation Via HSUK<br>Leap Co-create (National Children's Bureau)<br>Beacon Lodge Trust<br>Hymans Robertson<br>Total Restricted Funds<br>**Movement in funds - prior year**<br>Unrestricted Funds|**26,617**<br>At the start<br>of the year<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**223,925**<br>Income<br>£<br>65,601<br>42,664<br>31,050<br>26,373<br>10,200<br>10,000<br>10,000<br>6,424<br>5,000<br>4,995<br>650<br>212,957|**(230,698)**<br>Expenditure<br>£<br>(65,601)<br>(42,664)<br>(31,050)<br>(26,373)<br>(10,200)<br>(10,000)<br>(10,000)<br>(6,424)<br>(5,000)<br>(4,995)<br>(650)<br>(212,957)|**19,844**<br>At the end<br>of the year<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|General|25,256|27,667|(26,306)|26,617|
|Total funds|25,256|240,624|(239,263)|26,617|



17