Company reglstrdtlon number: 05681175 Charlty reglstration number: 1113984 HOME-START HARWICH TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Home-start Harwlch Contents Pag¢ Itustee5' Report Independent Examlnetts Report ststement of Nnanclal Actlvltles (Indudlng Income and Expendlture Account) Comparatlve Statement of Flnandal Actlvltles (Indudlng Income and Expendlture Account) Balance Sheet Note$ to the Flnanclal Statements 8-10 The followlng pages do not form part of the ststutory accounts: Detrlled Statement of Flnanclal Attlvltles (Includlng Income and Expendlture Account) li
Home-start Harwlch Company No. 05681175 Trusteeg, Report For The Year Ended 31 March 2025 The trustees present thelr report and the flnandal statements for the year ended 31 March 2025. ObJecUv•• *nd Actlvltle• Alms and ObJ•ctl The objectlves of the charlty are to fostsr the well-belngi both mental and physlul, of parents and thlldren. to cruelty to chlldren and to promote, through educatlon, better standards of chlldcare. wlthln the areas of Harwi Mannlngtree and nearby rural areas. Home-start schemes offer support, frlendshlp and prBCtlcal help to parents wlth young chlldren, In local communltles throughout the UK and wlth Brltlsh For In Germany. Home-start offers a unlque servlce, recrultlng and tralnlng volunteers - who are usually pants themselves - to vlslt famllles at home to offer Infomal, frlendly and conftdentlal support. Homtrstart Harwlch runs severTrl famlly support groups whlch enables parents wlth young chlldren to meet together Infomally and to come foThvard to ask for help when needed. The trustees (dlrectors) have complled wlth thelr duty under Sectlon 4 of the Charttles Act 2006 to have due regard to publlc beneflt guldance publlshed by the Charlty Commlsslon, where relevant to the charlty. revent Publlc B•neflt The trustees conflrm that they have complled wlth the requlrements of Settlon 17 of the Charftles Act 2011 to havo due regard to the Charfty Commlsslon s guldance on publlc beneflt. Flnanclal Revlew R•••rvM Pollcy Our reserves are equlvalent to at least 9 months, normal runnlng uJsts. The reserv8 safeguards the scheme agjlnst short tenn fluctuatlons In fundlng. In the current flnanclal cSrcumstances where future fundlng can be uncertaln the resérve would 5UPPOrt the orderly reductlon or dosure of the scheme, meetlng all'known redundancy obllgatlons and other flnandal Ilabllltles, as well as fundlng close-down work wlth other agencles to make altematlve arrangements for the chlldren and other f4mllles whlch would lose our support. Aeeount• Homa-start Harwlch does not possess long term Investment )ssets. Income for the scheme Is derlved from grants to dellver servlces. Core servlce grants from the publlc seLtor are a key element of fijndlng our servlces. recontly, as In the case of the other Home-start schemes, we have 8xPerfend a slgnlflcant cutback In publlc sector grants. However, the scheme was successful In securlng grants from the Blg Lottery Fund whld) has ensured that the scheme Is In a fln3ndally sound posltlon. Other grants hjve been obt)Ined for speclflc projects In addltlon to charltable donatlons. Raf•r•nc• and Admlnl#trntlv• D•tall# Tru•tee• Mr R Colley Mrs P Ford Mrs C Offord Mrs L Mann Mrs R Thompson Mr P Klnzett Charfty Numb•r 1113984 Company Number 05681175 Prlnclpal Addr••• St Nlchola5 Hall Stour Road Page I
Home-start Harwlch Trustees. Report (contlnued) For The Year Ended 31 March 2025 Hanylch Essex C012 3HS Ind•pend•nt Examln•r Gascoyne House MoseleysFarmBuslnessCentrn Bury St Edmunds Suffolk IP28 6JY Page 2
Home-start Harwlch Trustees. Report (continued) For The Year Ended 31 March 2025 Snwll Company Rules Th5s report h85 been prepared In accordance wlth the spedal provlslons relatlng to companles sublect to the small comp)nl¢s reglme wlthln Part 15 of the Companles Att 2006. The trustee5' report was approved by the board of trustees and slgned on Its behalf by: Mrs C Offord Trustee Date U+liilL£ Page 3
Home-start Harwlch Independent Examlner's Report to the Trustees of Home-start Harwich For The Year Ended 31 March 2025 I report to the charlty trustees on my examlnatlon of the accounts of the Company for the year ended 31 March 2025. Rup•M¥lbllltl•8 and BaBls of R•port As the charfty trustses of the Company (and also Its dlrectors ftir the purposes of company law)1 you are responslble for the preparatlon of the accounts In accordance wlth the requlrements of the Companles Att 2006 (°the 2006 Act?. Having satlsfled myself that the accounts of the Company are not requlred to be audltsd under Part 16 of the 2006 Art and are ellglble ft*r Independent examlnatlon, I report In respect of my examlnatlon of your charlty's accounts as carrled out under sectlon 145 of the Charitles Art 2011 Cthe 2011 ACV). In carrylng out my examlnatlon I have followed the Dlrectlons glven by the Charlty Commlsslon under sectlon 145(5) (b) of the 2011 ACL Independent Examlner'• Statement Slnce the Company's gross Income exceeded £250,000 your examlner must be a member of a body Ilsted In sectlon 145 of the 2011 Act. I conflrm that l am quallfled to undertake the examlnatlon because I am a member of , whlch Is one of the Ilsted bodle5. I have completed my examlnatlon. I ¢onflrm that no matters have come to my attentlon In connectlon wlth the examlnatlon glvlng me cause to belleve: l. accountlng record5 were not kept In respert of the Company as reqUId by sertlon 386 of the 2006 Act. or 2. the accounts do not accord wlth those records. or 3. the accounts do not comply wlth the accountlng raqulrements of sectton 396 of the 2006 Act other than any requlrement that the accounts glve a 'true and falr vlew, whlch Is not a matter consldered as part of an Independant examlnatlon; or 4. the accounts have not been prepared In acrdanCe wlth the methods and prfnclples of the Statement or Recommended Practlce for accountlng and reporting by charlues appllcable to charttles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng standard appllobla In tha UK and Republlc of Ireland (FRS 102). I have no Concerns and have come across no other matters In connettion wlth the examlnatlon to whlch attentlon should be drnwn In thls report In order to enable a proper understjndlng of the accounts to be reached. Date Gascoyne House MoseleysFarniBuslnessCentr4 Bury St Edmunds Suffolk IP28 6JY Page 4
Home-start Harwich Statement of Flnanclal Actlvities (Including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 2024 Unrestrlct¢d R•5trlcted fund$ funds Tot•1 funds Totsl funds Nots• INCOME AND ENDOWMENTS FROM: Donatlons and legades Investments 11,037 1.974 243,049 254,086 1,974 354,141 1,646 13,011 243,049 256,060 355,787 EXPENDITURE ON: Ralslng fvnd$ (246,001) (246,001) (298,506) (2,952) 10,059 57,281 NEf INCOME 13,011 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARIUID PORWARD 13.011 (2.952) 10,059 57,281 127,891 159,636 287,527 230,246 140,902 156,684 297,586 287,527 The notss on pages 8 to 10 ftirm part of these flnanclal statements. Page 5
Home-start Hanmlch Comparative Statement of Flnancial Actlvities (Includlng Income and Expendlture Account) For The Year Ended 31 March 2025 2024 Unrestrlctad Regtrlcted Totsl funds funds fund• Not•• INCOME AND ENDOWMENT5 FROM: Donatlons and legacles Investments 9,261 1,646 344,880 354,141 1,646 344,880 355,787 10,907 EXPENDXTURE ON: Ralslng funds NEf INCOME {298,506) (298,506) 46,374 57,281 10.907 NEf MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total ftinds brought forward 10,907 46,374 57,281 116,984 127,891 113,262 230,246 TOTAL FUNDS CARRIED FORWARD 159,636 287,527 The notes on pages 8 to 10 fom part of these flnanclal statements. Page 6
Home-start Harwlch Balance Sheet As At 31 March 2025 2025 2024 UnrestrlGted Restrlrt•d Totsl funds funds funds Total funds Note8 FIXED ASSErs CURRENT ASSETS Debtors Cash at bank and In hand 2,106 142,662 2,106 259 156,684 299,346 292,910 156,684 301,452 293,169 144,768 Crndltor•2 Amounts F•lllng Du• Wlthln On• Year io (3,866) (3.866) (S,642) NET CURRENT ASSEfs (UABXUTIES) 140,902 156,684 297,586 287,527 TOTAL ASSETS LESS CURRENT LIABILITXES 140,902 156,684 297,586 287,527 NET ASSETS 140,902 156,684 297,586 287,527 FUNDS OP THE CHARrrY Restrlrted Funds Unrestrltted Funds 156,684 140,902 159,636 127,891 TOTAL FUNDS 297,586 287,527 For the year endlng 31 March 2025 the tharltible company was entitled to exemptlon from •udlt under sectlon 477 of the Companles Act 2006 relatlng to small companles. The members have not requlred the charltable company to obtsln an audlt In accordancé wlth sectlon 476 of thè Companles Act 2006. The trustees acknowledge thelr responslbllltles for complylng wlth the requlrements of the Att wlth respect to accounung records and the PparatIOn of accounts. The59 Jccounts have been prepared In accordance wlth tha provlslons appllcable to companles subject to the small companles reglme. On behalf of the board Mrs C Offord Trustee Date 1Jkl,'Il The notss on pages 8 to 10 fomi part of these Ilnanclal siatements. ge7
Home-start Harwlch Notes to the Financlal Statements For The Year Ended 31 March 2025 l. General Inform•tlon Home-start Harwlth Is a cornpany Ilmlted by guarantee, Incorpordted In England & Wales, reglstered number 05681175 and regl*ered charlty nurnber 1113984. The reglstered offlce Is . 2. Ac¢ountlng Poll¢les 2.1. Basls of Preparatlon of Flnanclal Statements The flnanclal statements have been prepared In accordance wlth the Charltles SORP (FRS 102) 'Accountlng and Reportlng by Charltles: Statement of Recommended pract1 appllcable to charltles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) (effertlve I January 2019). Nnanclal Reportlng Standard 102 "The Flnanclal Reportlng Stsndard appllcable In the UK and Republlc of Ireland" and the Companles Act 2006. The charltable company Is a Publlc Benefft Enuty as denned by FRS 102. 2.2. Golng Concarn D1•cIUr• At the tlme of approvlng the flnan¢lal statements, the trustees have a reasonable expectatlon that the charlty has adequate resources to contlnue In operatlonal exlstence for the foreseeable future. Thu$ the trustees contlnue to adopt the golng concern basls of accountlng In preparfng the flnanclal statements. 2.3. InmIng R•80urc•• Income Is recognlsed when the charlty 1$ legally entitled to It after any performance condltlons have been met, the mounts can be measured rellablyi •nd It Is probable that Income wlll be recelved, Cash donatlons are re¢ognlsed on recelpt. Other donatlon$ are recognlsed once the charfty has been notlfled of the donatlon, unless performance condltlons requlre deferral of the amount. Income tax recoverable In relatlon to donatlons reIVed under Glft Ald or deeds of covenant Is recognlsed at the tlme of the donatlon. Legacla$ are recognlsed on recelpt or otherwlse If the ¢h)rlty has been notlfted of an Impendlng dlstrfbutlon, tha amount Is known, and recelpt Is expected. If the arnount Is not known, the legacy Is treated as a contlngent asset. 2.4. R••ouK•• Exp•nded Expendlture Is recognlsed once there Is a legal or constructlve obllgatlon to trnnsfer emnomlc beneflt to a thlrd party, It Is probable that a transfer of economlc beneflts wlll be requlred In settlement, and the amount of the obllgatlon can be measured rellably. Expendlture Is cla551fled by ittlvlty. The Costs of each actlvlty ore made up of the total of dlrect costs and shared costs, Includlng support costs Involved In undertaklng each attlvty. Dlrect costs attrlbutsble to a 51ngle actlvlty are allocatsd dlrectly to that actlvlty. Shared costs whlch contrlbute to more than one actlvlty and support costs whlth are not attrlbutable to a slngle actlvlty are apportloned between those actlvltles on a basls conslstent wlth the use ol resources. Central staff costs are allocated on the basls of tlme spenl and depreclatlon charges are allocatsd on the portlon of the asset's use. 2.5, Tanglbl• Flx•d Aants and D•prnclatlon Tanglble flxed assets are measured at cost less accumulated depreclatlon and any accumulated Impalmient losses. Depre¢tatlon Is pmvlded at rates calculated to wrtte off the cost of the flxed assets. less thelr estlmatsd resldual value, over thelr expected usefvl Ilves on the followlng ba$e$: Leasehold Stralght Ilne over 10 years 2.6. C••h and C••h Equlval•nt•. Cash and cash equlvalents are baslc flnandal assets and Include cash In hand and deposlts held at call wlth banks, other short-term hlghly liquld Investments that mature In no more than three months from the date of acqulsltlon and are readlly convertlble to a known amount of cash wlth Inslgnlflcant rlsk of change In value, and bank overdraft5. 2.7. Taxatlon The charlty Is exempt from tax on Income and galns falllng wlthln secuon 505 of the Taxes Act 1988 or sectlon 252 of the lkntlon of Charyeable Galns Act 1992 to the extent that these are applled to Its charftsble objects. 2.8. Pmployeo B•n•fit• The cost of any unused hollday entltlement Is recognlsed In the perlod In whlch the employee s servlces are reIVed. Termlnatlon beneflts are recognlsed Smmedlately as an expense when the charlty Is demonstrably commttted to temilnate the employment of an employee or to prov]de temilnauon beneffts. Page 8
Home-start Harwich Notes to the Flnanclal Statements (contlnued) For The Year Ended 31 March 2025 2.9. Charltable funds Unrestrfcted funds are avallable for use at the dlscretlon of the trustees In furtherance of thelr charTtab5e objectlves. Restylcted funds are subject to specmc condltlons by donors as to how they may be used. The purpose5 and uses of the restrfrted funds are set out In the notes to the flnanclal statements. Endowment funds are subject to spedflc condltlons by donors that the capltsl must be malntalned by the charlty. 3. Incorne from Donatlon# and Leg•cle8 2025 UnrnBtrlrtad R•strlcted funds fund• Total fund• Donatlons and glfts Grants 11,037 11.037 243,049 243,049 11,037 243,049 254,086 2024 Unr•8trlrt•d R•rtrlct•d fund• fund• Total fund• Donatlons and glfts Grants 9,261 9,261 344,880 344,880 9,261 344,880 354,141 4. Inv•Jtm•rt Inwm• 2025 2024 Unrestrlrt•d UnM•trlctqd fund• fund• Bank Interest re1vable 1,974 1,646 5. Analy•l• of Expendltur• 2025 Actlvltlas undertakqn dlrecuy Support Total Ralslng funds 212,096 33,905 246,001 2024 Actlvltles undartaken dlrertly Support cost• Total Ralslng fvnds 267,569 30,937 298,506 Page 9
HoMStart Harwich Notes to the Flnanclal Statements (contlnued) For The Year Ended 31 March 2025 6. Staff Costs Stsff costs were as follows: 2025 2024 Wages ènd 5alarfes Other penslon costs 133,528 2,273 127,754 2,104 135,801 129,858 No employees recelved employee beneflts (excludlng employer penslon cost5) for the reportlng perlod of more than £60.000. 7. Averng• Number of Employo Avernge number of employees durlng the year was.. 8 (2024: 7) 8. Tanglbla Land Proporty L•a••hold As at l Aprll 2024 1,000 As at 31 March 2025 1,000 D•prn¢latlon As at l Aprll 2024 1,000 As at 31 March 202S 1,000 N•t 8ook Valu• As at 31 March 2025 As at l Aprll 2024 9. Dobtor• 2025 2024 Du• wlthln on• year Thde debtors Other debtors 1,833 273 259 2,106 259 10. Cr•dltor•: Amounts Falllng Due Wlthln One Year 2025 2024 Trade credltors Taxatlon and soclal securtty Accruals and deferred In¢ome 1,834 3,153 655 3,205 661 3,856 5,642 11. Relatad Party Dls¢losuras There wera no related party transactlons durfng the year (2024 - none). Page 10
Home-start Harwlch Detslled Statement of Flnanclal Activitles (Including Income and Expendlture Account) For The Year Ended 31 March 2025 2025 Total funds 2024 Total funds XNCOME AND ENDOWMENTS PROM: Donatlon• and legacle• Donatlons and glfts Grants 11,037 243,049 9,261 344,880 254,086 354,141 Inv••tments Bank Interest recelvable 1,974 1,646 1,974 1,646 256,060 355,787 EXPENDITURE ON: Ralilng funds Famlly group and other group actlvltles HSUK Bobblts Hole Projett Wlnter Household support Other charltsble support Wages - Other Penslon Other Wa9es Penslons Bank charges Tralnlng and volunteer support StJff expenses Rent and rates Insurances Postage Advertlslng Telephon¢ Accountsncy and leg41 fees Sundry expense5 Volunteers, expense$ (13,973) (569) (60) (36,621) (24,478) (510) (133,528) {2,273) (84) (1,873) (3,091) (9,817) (1,077) (12,698) (567) (165) (92,520) (31,078) (601) {127,754) (2,104) (82) (2,502) (3,998) (8,745) (1,023) (ioo) (1,3L5) (2,194) (1,468) (8,925) (667) (229) (1,803) {2,200) (13,269) {546) (246,001) (246,001) (298,506) (298,506) NET INCOME 10,059 57,281 Page 11