Company registration number.. 05694775 Charty registrallon number.. 1114076 HOME-START WELLINGBOROUGH & DISTRICT (A company limlted by guarantee) Annual Report and Flnancial Stat8ments for the Year Ended 31 March 2025 David Tumer, AIMS Accountancy 32 Caxion House Northampton Science Park Kings Park Road, Moufton Park Northampton NN3 6LG
HOME4TART WELLINGBOROUGH & DISTRICT Contents Reference and Administrative Detail$ Strateglc Report 2to4 Trustee8' Report 5t08 statement of Tru8tees' Responsibilities Independent Examinerfs Report 10 statement of Financial Activities 11 Balance Sheet 12 Statement of Cash Fl¢XVS 13 Noles to the Financlal Statements 14to19
HOME4TART WELLINGBOROUGH & DISTRICT Reference and Administrative Detalls Trustees Jullan Payne - Chairperson Julian Payne - Tr8asur8r Juliet Sm6th Jean Berkshire Annie Lennox Felix Barth Rebecca Abbott Jodie Goothn (appolnted 15 October 2024) Paula Stafford (appointed 15 October 2024) Kate Geoghegan (appointed 15 April 2025) Gita Carlisle (appointed 17 June 2025) Secrotsry Tracey Wltham Prlnclpal Offlce Croyland Nursery School Croyland Road Wellingborough Northants NN8 2AX Raglgtered Offlce Croyland Nursery School Croyland Road Wellingborough Northant8 NN8 2AX The charty is incorporated in England. Company Roglstratlon Numbor 05694776 Chartty Reglstratlon Number 1114076 Independent Examlner David Tumer, AIMS Accountancy 32 Caxton House Northampton Sclence Park Kings Park Road, Moulton Park Northampton NN3 6LG Page 1
HOME-START WELLINGBOROUGH & DISTRICT Strateglc Report for the Year Ended 31 March 2025 The trustees, who ara dlractors for the purposes of company law, present thelr strategic report for the year ended 31 March 2025, in compliance with 8414C of the Companies Act 2006. Home-start Wellingborough & District provlde8 8 unlque seNice to famllles in our area by maintaining a team of highly-skilled volunteers who visit families in their own homes. Our aim is to improve the lives of children and their parents through a combination of homewVi8iting support, social activities and interagency worklng. We operate in some of the eountry's most deprived areas. Childhood obesity is hlgh here, as are the number of children living in poverty when campared wlth the UK average. Our youngsters are statlstically more likely to experienca poor hoalth than national average. Our primary future objective 18 to ensure the financial Stabilty of Ihe core 8ervice, through a combination of fundraising efforts and grant application$ Home-start's unique offer of frndshiP to families 18 recognised nationally and internationally as an effective means of family 8UPPOrt. To Home-start every famlly is speclal and we respond to each familsls needs through a comblnation of home-visiting support, and Social activili88. We do this by recruiting and training volunteers, who are usually parents or carers themselves, to visit families wtth al least one child under th8 age of five at the time of referral to offer infomiai, friendly and cOnfentiO1 8UPPOrt. Home-start schem83 are rooted in the communities Ihey Serve - managod locally but 8UPPOrted by UK wide organisation <Home-Slart UK) which offers direction, training, information, and guid8nc8 to 8cheme8 to ensure consistent and quality support for parents or carers and Ghildren wherever they are. All Home-stsrt scheme8 •ign an agreement saying that th•y will ¢omply with qualty standard8. In addition to its Core activity, Home-start Wellingborough & District run8 a weekly stay and play group for 8UPPOrted families, which aims to build the confidence of parent8 and children to go on to use other services within the community. It also organi8e8 8 limited number of $oci81 ectivitie$ for families including visits to local amenities, dl8tribution of birthday and Seasonal gifts donated by lo1 people and bu8ine88eB,' and participation in c¢ynmunity events whenever possible. Through our network of volunteers, Home-start aims to increase the confidence and independ8nce of tho family by.. Page 2
HOME4TART WELLINGBOROUGH & DISTRICT Strategic Report for the Year Ended 31 March 2025 Offering support, friendship and pr8Ctbcal 8SSiStance", Visiting families in their own homes in Wellingborough and the surrounding districts, where the dignity and identty of oach adutt and child can be respected and protected., Reassuring parents that difficulties in bringing up chiidron are not unusual and encourage them to enjoy famity lrfe; Developing a relationship wth tha family.. the approach is flexible to take account of dlfferent needs., Encouraging parents, Strengths and emotional welRieing for the uttimate benefrt of their children: Encouraging families to widen their network of relalionships by provldlng a weekty supporvplay group and to U80 effectively the support and services available within the Wellingborough communty. Providing funding for specialist ment81 heatth 8UPPOrt for parents and children. Promoting the education of th8 public in better standard8 of Child carg within the area of Wellingborough and its environs In 2024125 Home-start Wellingborough & District wll.. - Support 45 familie¥ through home visiting, group support, Cowordinator gupport and on&off 8UPPOrt Recruil, train and place 5 new volunteers to support families through home-Vi6iting Retain at least 23 of its volunteers Strengthen the support we offer to famllles by irying io fund 8ervlce8 that are noi available io them by any other means. Whilst recognising the uniqueness of tho service that Home-start provides, w8 are aware that it is necessary to consider any avenues for joint working in order to en8ure that the families we serve have access lo a holistic approach, that there is no duplication of services and that, administrative ¢ost8 are minimi8ed. The scheme wlll continue to work closely with a range of local organlsations and agenci88 - 8tatulory, voluntary and communlty. The scheme will continue to use als appropriate means to reach families who would benefit from the U8e of our 8eNica. The methods employed to facilitate thi8 include: Through dlrect contact wth referrers, for example health vlsliors, Soclal workers, Family Hubs, Grealwell Homes, Schoo18 and other local ag9ncy Staff, Through publicty placed in communty centr88 and other venues, the library, tha local press and community magazines. Through infomiation Stands in local venue8 88 appropriate and other slmllar venues. Through attendance at and l or providing information for events organised by other agencies. Through Wrd of mouth. Through Inforniation produced in a varlety of local community languages. Current and continuing elements of our marketing strategy include., Page 3
HOME4TART WELLINGBOROUGH & DISTRICT Strategic Report for the Year Ended 31 March 2025 On-line and printed publications. A regularly updated website and Facebookllnstagram pages. To fvnd this work, we plan to follow a strategy that is based on ratsing core funding from a mix of grants from Major Trusts and income from indivldual regular donors. Direct project delivery costs will be met through grants from Trusts such as BBC Children In Need. This will be supplemented by local fund-raising and support from local trusts (8.g.. Northamptonshire CLYnmunity Foundatlon) to provide families with outings, essentl81 items and ¢ounselling. The strategic report was approved by the trustees of the Gharity on oLI.ts?1.2Sand signed on it8 behalf by: ie Lennox Tru$tea Page 4
HOME-START WELLINGBOROUGH & DISTRICT Trustees. Report The trustaes, who are directors for the purposes of company law. pr8sent the annual report together with the financial statements of the charitable company for the year ended 31 March 2025. ObJeGtlves and actlvltle8 ObJKts and alms The ch8nty8 aims ar8 to increase the confidence and independance of the family by.. offering support, friendship and practical a88iStance', visiting families in their own homes, where the dignity and identlty of each adult and child can be respected and protected., reassuring parent8 that dultIeS in brlnglng up chlldren are not unusual and encouraging them to enjoy famlly life., developing a relationship with the family in which time can be shared and understandlng can be developed.. the approaGh is flexible to take account of different needs; encouraging parents, strengths and emotional welbeing for the ultimale benefit of their children- encoufaglng families to widen their network of relation8hips and Io u8e effectively the 8UPPOrt and services available within the communty. Publlc bon•ltt In setting the charitls objectives and planning activltie8, the trusteu and management have given consideration to the Charity Commis8ion'¥ ganeral guidance on publlc beneflt and baliav• that the charity meets the publlc benefrt requiremenL Res8arch indicates that many difficulties experienced by adults and older children can be avoided or minimali8ed if children receive appropriate parenting whlch meets the need8 Qf the child in their earfy years. The children are more likely to reach their full pot8ntial and be more able to ¢ontribute to 80Clgty, they are 1888 likely to have mental health problems, be involved in disruptive or criminal behaviour and will make better parents themSee$. In Ilne wlth this research the trustees ar8 aware of the 9overnment initiative "Every Child MatterE" (2003) and it is used as one of our guiding principles. The trustees confirm that they have complied wilh the requlrements of sectron 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commi88ion for England and Wales. Structure, gov8manc8 and rnanagement Govemlng Documont Home-start Wellingborough & District is based at Croyland Nursery School, Croyland Road, Wellingborough, which is the companys registered office and principal address of the charty. Home-start Wellingborough & District 18 a company limited by guarentee not having a share capital. Its registered number is 05694775, having been incorporated on 1 February 2006. Home-start Welllngborough & District has thays maintained charitable 8latus with a new charity number of 1114076 being issued on 8 May 20, following incorporation. Page 5
HOME4TART WELLINGBOROUGH & DISTRICT Trustses, Report Appolntment of Trustees Tho trustees named on tha proviou8 page have served on the Board. Appointment and re-appointment is decided on an annual basis via elecllon at the Annual General Meeting. Organlsatlon Structurn and How Decl8lons are Made. Th8 Board when complete, conslsts of at least flve and not more than bwefve trustees. The Board meets at least fw8 time8 a year with additional sU¢0MmIttee meetings 88 required. The tru8tee3 review the management, income and expenditure and financlal status of the charlty and decide upon the allocation of fund8. Relatlonshlp Between Charlty and Ralated Partle8 Home-start Wellingborough & District 18 a local, independently funded charity, with Its 1)wn constitution and management committee. It Is affiliated to Homfrstart UK through signing up to The Home-start Agreement to which it adhere3 In all araa8 of 86rvice provision. Compliance wllh the Agreement is fomally r8view8d on a tri-yearly ba818. Rlsk Management Th8 Irustgett 89rae polici08 to ensure effoctive governanc• and management of the •Ghome and to ensure the provision of quality support to local families. Th88e include poli¢ie8 relatlng to ar888 8uch 88 financlal managernent, reserve fund8. Heath & Safety and Equality and Diversity and Safeguarding. The trustees are aware of potantial risk and steps are taken to mitigate these ri8k8. Achlevements and Performance Th8 trustee8 and staff have continued to r8vlvN our govemance and VK)rklng practices $0 that they remain in line with any updated legi81ation. advice from the Charity Commission and demand8 from the Home-start UK in order that maintain our affiliation. Focus has also been on fundraising in ord8r to replace the grants from our lergest 8UPPOrters. wlth the appointment of the Fundraiser this has proved Invaluable in the difficult economic climate. We have also taken the opportunty to con8ider the use of technology. ReVievng the way that we worked during COVID allowed us to understand when farnilies were helped to re801ve some or all of their drfficufties with wrtual support without weekly visits. This is sometimes more convenient for the families and avoids the staff and volunteers being over stretched, while increasing the number of families the charity can help. H{ever, our Core work continues to be home visiting. which 18 most helpful for families with complex needs, and all Yrk is based on the initial assessment by one of the professlonal staff. We also had to be mindful of the healih and 8afgty of $taff and volunteers since COVID 1$ Still in the community. Mental health support has Continued to be offered through Mind and Serrfice Six. That has been a training course for new volunteers and all volunteers have been offered training throughout the year, including a Safeguarding update. Page 6
HOME4TART WELLINGBOROUGH & DISTRICT Trustees, Report We have continued to run our own food bank and food vouchers have been available for famllies who ware struggling, In conjunction with CADENT - who provided slow cookeis. an online cookery cour88 has been offered to all familles. The weekly WISH group has Continued. At the Summer sceme, all familie8 were offered a free visit to The Hub, with tran8POrt provided. Re8orvès Pollcy Ststamant and Deslgnatsd Fund The trustees conslder that, given the nature of the charity's work, free reserves should be a minimum 013 months revenue expendtture, but with the intention of maintaining a levèl of approxlmately 6 months. The rationale for this is to cover the overheads of th8 stheme, owlng to the uncertainty in the tlming and of grants from varlou8 fundlng agencles. On 31st March free reserves stood at the equivalent of just over four months revenue expenditure, based on projected 2025-28 expenditure. Page 7
HOME4TART WELLINGBOROUGH & DISTRICT Trustees. Report Flnanclal Revlew Th8 overall fundraising strategy means that the scheme has sufficient funding for the immediate future and lo meet the reserves policy. This has been achieved through securing a mixture of funds from Charitable Trusts and Foundations, support from local organisakn'ons and individuals and through both OfteOff and regular donations. During tho year several grant applications have been unsuccessful due to changes with fund&rs' criteria and the downturn in the economi¢ situation. It was, therefore, decided that we would focus on securing smaller amounts of funding from more sources, and this has been succas8ful. This also means that we have more flexlbllty in allocating the fund8 because they are not tied to a donorfs terms. Analy818 of Funds During COVID, there was an increased access lo local authonty grants. However, this Source of revenue has been very much reduced and the charity has had to rely almost exclusively on other sources of fundlng. The annual report was approved by the trustee8 of the charity on behalf by: and signed on its e-chai Trustee nnie Lennox Trustee Page 8
HOME4TART WELLINGBOROUGH & DISTRICT Statement of Trustees. Responslbilities The trustees aro responsible for preparing the trustees, report and the financial Statements In accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practlce) and applicable law and regulallon8. Company law requires the trustee8 to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company arKI of it8 incoming resources and application of resources, including its income and 8xp&ndrture, for that period. In preparing these financial statements, the tNstees are required to.. select suitable accounting polici88 and apply them consistently, observe the methods and principles in the Charit188 SORP. make Judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financi81 statements-, and prepare the financial statements on the going concem ba518 unless it is inappropriate to pr88ume that the charitable company will continue in bu81nes8. The trustees are responsible for keeping adequate accounting records that are sufficient to Show and explain the charitable companys transadion8 and disclose with reasonable accuracy at any time the financial positlon of the charltable company and enable them to ensure that the financial statements comply wtth the Companies Act 2006. They are also responsib18 for safeguardlng the a88ets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees of the charity on tsi14?1.&s.. and signed on its behalf by.. Julian Trustee rson e Lennox Trustee Page 9
HOME4TART WELLINGBOROUGH & DISTRICT Independent Examlner's Report to the trustees of HOME-START WELLINGBOROUGH & DISTRICT I report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 111019 Respectivg responsibllltles of trust008 and examlner The trustees (who are also the directors of the company for the purp08e8 of company lawl are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act> and that an independent examination is needed. Having 8atlsfied myself that the charity is not subject to audit under company law and is eligible for independent examinats'on, it 1$ my re8ponslbility to.. ex8mlne the accounts under sectlon 145 of the 2011 Act., to follow the procedures laid down In the general Directions glven by tha Charity Commission under sedion 145(5)Ibl of the 2011 Act., and to state whether particular matt8r8 have come to my attention. Basls of Independent examlner's report My examination was carried out in accordance with the general Directions glven by the Charliy Commission. An examinalion includes a review of the accounting records kept by the charity and comparison of the accounts presented wlth those records. It also includes consideration of any unusual items or disclosures in the account8, and seeking explanations from you as trusiees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinlon is given as to whether the accounts present 'Irue and fair view and the report is Ilmiled to those matters sot out in the statement below. Ind•pendent oxamln•r'• 8tatom•nt In connection with my examination, no matter ha8 come to my attantion.. (1) which glves me reasonable cau8e to believe that in any material respect the requirement8'. to keep accounting records in accordance with section 386 of the Companies Act 2006,. and to prepare accounts which accord wrf(h th8 accounting ords, compty wilh the accounting requirements of section 396 of the Companies Act 2006 and vrith the method8 and principles of the Statement of Recommended Practlce.. Accounting and Reporting by Charities have not been met,. or (2) to which, in my oplnlon, attention Should bo drawn in order to enable a proper understanding of the accounts to be reached. Ciavid Tumor, AIMS Accountancy 32 Caxton Hous8 Northampton Science Park Kings Park Road, Moutton Perf( Northampton NN3 6LG Page 10
HOME4TART WELLINGBOROUGH & DISTRICT ststement of Financial Actlvlties for the Year Ended 31 March 2025 {Includlng Income and Expenditure Account and Statement of Totsl Recognlsed Gains and L08888) Unrostrlcted fundg Restrlctod funds Total 2025 Nota Income and Endowments from: Donatlons and legacies Total Income 12,919 67,521 80,440 12,919 67.521 80.440 Expendlture on: Charitabb activrtles 13,190 86,505 199,895 Total Expenditure Net expendlture Transfers between funds 13,190 86,505 99,695 {271) {18,984} <19,255) Net movement In funds (2171 {19,038) (19,255) Reconclllatlon of fund• Total fund8 brought forward Total funds carrled forward 10,528 95,638 76.383 Total 2024 10,311 Unrestrlctod funds 66,072 Restrlctod fund• Noto Income and Endowmenls from: Donations and legacies Total Income 20.358 102,515 122,871 20,356 102,515 122,871 Expendlturn on: Charitabl& activities 29,623 72,667 102,290 Total Expendrture Net (expenditure)Ilncome Transfers belween funds 29,623 72,667 102,290 {9,267) 1,283 29,848 1,283 20,581 Nel movement in funds (7.984) 28,585 20,581 ReconGlllatlon of funds Totsl funds brought foN4ard 18,512 56,545 75,057 Total funds carried forward 10,528 85,110 95,638 All of the charlty's activities derive from continuing operation5 during the above two Periods. The funds breakdown for 2024 18 Shown in note 9. Page 11
HOME4TART WELLINGBOROUGH & DISTRICT (Registration number: 05694775) Balance Sheet as at 31 March 2025 2026 2024 Noto Current a8SOt$ Cash at bank and in hand 79.877 99,131 3,493 Credltor8: Amounts falllng due w5th1n one year (3,494 76.383 Net assets 95,638 Fund• of thè charlty: Re•trlctod funds 66,072 85,110 Unrestrlcted Income fund8 Unrestrlcted funds 10,311 78,383 10,528 Total lund8 95,638 For the financial year ending 31 March 2025 the charlly w88 entftled to exemptlon from audit under 86Ction 477 of the Companies Act 2006 relating to small Companies. Trustees, re8pon8ibilities: The members have noi requlred the charlty to obtain an audit of Its accounts for the year in que8tion in accord8n¢a with 8@ction 476; and Thg directors acknowiedge thelr re8pon$ibilitieg for complying with the requlromont8 of the Act with respKt to accounting record8 and the preparation of accounts. These accounts have been prepared in accordance with the provislons applicable to companies 8ubjecl to the small companies regim8. The financi I statements on pages 11 to 19 were approved by the trustees. and auth0ri89d for issue ¥.. and signed on their behalf by: Julian Payn Tru8tee erson Annie Lennox Trustee Page 12
HOME4TART WELLINGBOROUGH & DISTRICT ststement of Cash Flows for the Year Ended 31 March 2025 2026 2024 Cash flow3 from operatlng actlvitles Net cash {expenditure)llncome (19.255) 20,581 Worklng capital adJu$tmonts Increase in Creditors 20 Net cash flow8 from operatlng activities Net Idecreas8)fincrease in cash and cash equtvalents Ca8h and Cash equivalents at 1 April Cash and cash equivalents at 31 March (19,254 20,601 (19,254) 99.131 20,801 78.530 79,877 99,131 Ail of the cash flows are derived from continuing operations during the above periods. Page 13
HOME-START WELLINGBOROUGH & DISTRICT Notes to the Financial Statements for the Year Ended 31 March 2025 1 Charlty status The charily is a charity limited by guarantee and consequentty does not have share capital. Each of the trustèes is liable to Contribute an amount not exceeding £1 towards the assels of the charity in the event of liquidation. 2 Accountlng pollcles Summary of gignlfi¢ant accountlng pollcles and key accountlng estlmatos The principal accountlng policies applied in the preparation of these financial statements are set out below. These policies have been consistenlly applied to all the years presented, unless otherwisè stated. Statement of compllanG8 The financial slatements have bean prepared in accordance wlth Accountlng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accardance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2015) (Charities SORP (FRS 102}), the Financial Reportin9 Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Ba818 of preparatlon HOME-START WELLINGBOROUGH & DISTRICT meets the definition of a public benefrt 8ntity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise stsled in the relevant accounting policy noteg. Golng concern The trustees consider that there are no material uncertaintiès about the charitls ablllty to continue a8 going concern r)or any Slgnificant areas of uncertainty that affect the carryin9 value of assets held by the charity. Income and endowrnonts All in¢ome is recognised once the charity has entitlement to the income. il is probable that the income will b8 raceived and the amount of the income receivable Can be measured reliably. Donatlons and legac18S Donations are recognised when the charity has been notified in writing of both the arnounl and settlement date. In the event that a donation is subject to conditions that require a level of perfomiance by the charity before Ihe charity is entitled to the funds, the income is dof8rred and not recognised until either those conditions are fully met, or the fulfilmenl of those conditions is wholly within the control of the charity and it is probable that these conditions will be futfilled in the reporting period. Page 14
HOME4TART WELLINGBOROUGH & DISTRICT Notes to the Flnanclal Ststements for the Year Ended 31 March 2025 Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions Ilnked to the grants have been met. Where performance Conditions are attached to the grant and are yet to be mat, the income is recognised a8 a liabllty and included on the balance sheet as deferred Income to be releasod, Glft ald Incoming resources from tax reclaims are included in the Statement of Financbal Activities at the same time as the gift to whlch they relate. Investment Incom• The investment income is entirely intere81 received on bank depo8its. Exp•ndltur• All expenditure is re¢ognlsed once there Is a legal or constructive obligation to that expendlture. It 18 probabl8 settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar c08ts to that calegory. Where cost$ cannot bo directly attributed to Particular headings they have been allocated on a basi8 consistent with the use of resources, wrth central staff cost3 allocated on th8 basis of tlme Spent, and dgpreciation charg88 allocated on the portlon of the a888t'8 use. Other support costs are allocated based on the 8pread of staff costs. Charltable actlvltl•8 Charitable expenditure compri868 th08e co61s incurred by the charlty in the delivery of its activities and servi¢e$ for ils beneficiaries. It includ88 both costs that can be allocated directly to 8uch activiti•8 and those costs of an indirect nature ne¢e8$ary to support them. Support Costs Support CO8t8 include central functions and have been allocated to aclivity cost categorfe8 on a basls consistent wrth the use of resour¢88, for example, allocating property costs by floor areas, Ot per capita, staff costs by the tlme Bpent and other costs by their u8age. Taxatlon The charity 15 considared to pa88 the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, th6 charlty is potentially exempt from taxation in respect of income or capital gain8 received within categorie$ covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gain8 Act 1992, to the extent that such income or gains are applied 8xcIu8ively to charitable purposes. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-tenn hlghly Iw]uid investments that are readity convertible to a known amount of cash and are subjed to an in8ignrficant ri8k of change in value. Page 15
HOME-START WELLINGBOROUGH & DISTRICT Notes to the Flnanclal Statements for the Year Ended 31 March 2025 Fund structure Unrestri¢ted inGome funds are general funds that are available for use at the trustees's dlscretion In furtheranc8 of the objectives of the charity. Designated funds are unrestricted funds set aside for 8pecific purposes at the discretlon of the trust888. Restrided income funds are th08e donated for use in a particular are8 or for specific purpose8. the use of which is restricted to that area or purpose. 3 Incomg from donatlons and legacl Unrestrtcted funds Restrlctsd fund• Total 2026 Total 2024 Doslgnatsd Genarnl Oonatlon8 and legacie8', Donations from individuals Grant8, including capital grants., Grants from other charities Other income from donations and legacie8 3,890 106 4,000 10.583 4.500 3,500 67,517 75,517 111,881 10 913 923 447 8,400 4,519 67.521 80,440 122,871 Page 16
HOME-START WELLINGBOROUGH & DISTRICT Notes to the Financlal Statements for the Year Ended 31 March 2025 4 Expendfturo on ¢harftablo actlvltl Unrostrlcted fund8 Restrlcted funds Total 2025 Totsl 2024 Doslgnated Genaral Note Staff costs Allocated 8UPPOrt costs 2.290 7.971 63,557 73,818 67,527 2,376 4,666 553 22,948 86,505 25,877 99,695 34,763 102,290 8,524 S Truste remunevatlon and expen5 No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. 6 Staff co8ts The aggregate payroll c08t8 were as follow8.' 2025 2024 Staff cost• durlng th• year w•r•: Wages and salaries Pension costs other 8taff cost$ 70,303 2,296 1,219 73,818 68,128 1,340 59 67,527 Page 17
HOME4TART WELLINGBOROUGH & DISTRICT Notes to the Financial Statements for the Year Ended 31 March 2025 7 Taxatlon The chanty 18 a regist8r8d charity and 18 therefor8 exempt from taxation. Credltors: amounts falllng due wlthln ona year 2025 2024 AcKrual8 3,494 3,493 9 Funds Balance •t 1 Aprll 2024 Balance at 31 March 2025 Incomlng Ra•ources r•source• oxpended Transfern Unrestrlctad funds General (16,090) (4,519) 8,400 8,524 (11) 43 (12,096) 1,785 De8ignated Total unrostrlcted funds (10,528) 85,110 (12.919) 67,521 13,190 (54) (10,311) 66,072 RutrlGt•d funds 86,505 Total funds 95,838 80,440 99,695 76,383 Balance at 1 Aprll 2023 Balanc• at 31 March 2024 Incomlng Ro8our¢ r080urce8 8xpended Tran8f•rn Unrestrlcled funds Ganeral (18,502) 10 (15,479) (4,877 19,184 10,439 (1,293) 10 {16,090) 5,562 Designated Total unrnstrfcted fundg (18,512) 58,545 (20,356) 102,515 29,623 (1,283) {10,528} 85,110 Restrlctod funds 72,667 Total fundg S,057 122,871 102,290 95,638 Page 18
HOME4TART WELLINGBOROUGH & DISTRICT Notes to the Flnancial Ststements for the Year Ended 31 March 2025 10 Analy81s of net a88ets between funds Unrestrlcted funds Goneral Totsl funds Current assets Current liabilities 79,877 3,494) 78,383 79,877 3,494 Total net assets 76,383 11 Analysls of net fund• At 31 March 2025 At 1 Aprll 2024 Cash flow Cash at bank and in hand 99,131 (19,254) 79,877 Net debt 99,131 119,254) 79,877 Page 19