**Registered number: 04173875 Charity number: 1114486**
## **HOME TO WORK LIMITED**
**(A company limited by guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the Company, its Trustees and advisers**|1|
|**Trustees' report**|2 - 5|
|**Independent examiner's report**|6|
|**Statement of financial activities**|7|
|**Balance sheet**|8 - 9|
|**Notes to the financial statements**|10 - 22|
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025**
**Trustees** Mrs Karen V Jones Mrs Marie M Walker Mrs Heloise Cloudsdale-Jones Mrs Ann E Dias Mr Mark Telford Mr Graham Cartwright Mr Graham Calvin Mr Martin Winward Mr Willam Wilkinson Mr Charles N Moores
**Company registered number** 04173875 **Charity registered number** 1114486 **Registered office** 17 High Street Cleator Moor CA25 5AH **Accountants** Armstrong Watson Carleton House 136 Gray Street Workington CA14 2LU
Page 1
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees present their annual report together with the financial statements of the Company for the year 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Objectives and activities**
## **a. Aims**
Home to Work hosts the Goodlives project.
The project was set up to help unemployed people in Copeland by providing a safe environment for individuals to actively engage in workshop settings offering practical skills development at the same time as addressing the social aspects of life.
The project has continued to focus on the following aims:
1. Helping to address high levels of unemployment in Copeland.
2. Helping to engage hard to reach unemployed people and address issues around personal development.
3. Providing a suitable and non-threatening environment that offers a practical work experience at the same time as access to personalised mentoring and support services.
Page 2
**HOME TO WORK LIMITED**
**(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Achievements and performance**
## **a. Review of activities**
Supporting mental health and well-being and preparing for further training, volunteering and employment - our staff work with partner providers to enable our learners to identify barriers and work towards finding solutions. Often our clients have very complex issues.
We have woodwork and upcycling based in our Ennerdale Road facility, horticulture and cooking at our site on West Lakes Science Park, customer service training in the community shop and therapeutic based services in our High Street premises.
We also offer employment skills training and online accredited courses to help our Learners further their job seeking ambitions. We have rebranded from Skills 4 You – this has proved to be a very positive move for us with increased waiting lists for our services, particularly Learners in the younger age group.
Supporting mental health and well-being and preparing for further training, volunteering and employment - our staff work with partner providers to enable our learners to identify barriers and work towards finding solutions. Often our clients have very complex issues.
We have woodwork and upcycling based in our Ennerdale Road facility, horticulture and cooking at our site on West Lakes Science Park, customer service training in the community shop and therapeutic based services in our High Street premises.
We also offer employment skills training and online accredited courses to help our Learners further their job seeking ambitions. We have rebranded from Skills 4 You – this has proved to be a very positive move for us with increased waiting lists for our services, particularly Learners in the younger age group.
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Page 3
**HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **b. Fundraising**
Goodlives has been supported by a number of Funders this year:
Garfield Weston Cumbria Community Foundation The Speedomick Foundation Sellafield Ltd Copeland Community Fund Phyllis Harney Trust Sir Bernard & Lady Schreier Foundation The Dowager Countess Eleanor Peel Energy Coast West Cumbria Lamplugh Women’s Institute Dobies St Joachim Trust Coalfields Regeneration Trust The National Lottery Friends of Bryan Lancaster
## **Structure, governance and management**
## **a. Constitution**
Home to Work Limited is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
## **b. Methods of appointment or election of Trustees**
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
## **c. Related party relationships**
Home To Work Ltd has been supported with internal funds generated from the Trading arm of the Business - Works 4 You Ltd, funds from the trading activity in the shop and also from our fundraising activity.
Page 4
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025**
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' 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. 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 Company and of its incoming resources and application of resources, including its income and expenditure, 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 of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) 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 Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Martin Winward (Sep 3, 2025 16:16:27 GMT+1)
## **Mr Martin Winward**
Date: 26 August 2025
Page 5
**HOME TO WORK LIMITED (A company limited by guarantee)**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **Independent examiner's report to the Trustees of Home to Work Limited ('the Company')**
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the Trustees of the Company (and 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 the Company's accounts 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**
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (enter body here), which is one of the listed bodies.
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.
## Steven Kirkbride
Steven Kirkbride (Sep 3, 2025 21:32:39 GMT+1)
Signed:
Dated: 26 August 2025
Steven Kirkbride BFP FCA
Armstrong Watson LLP, Workington
Page 6
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025**
|**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Investments
5
**Total income**
**Expenditure on:**
Raising funds
6
Charitable activities
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
**27,872**
**14,566**
**801**
**43,239**
**-**
**38,752**
**38,752**
**4,487**
**54,318**
**4,487**
**58,805**|**Restricted**
**funds**
**2025**
**£**
**342,628**
**-**
**-**
**342,628**
**230,888**
**159,329**
**390,217**
**(47,589)**
**122,399**
**(47,589)**
**74,810**|**Total**
**funds**
**2025**
**£**
**370,500**
**14,566**
**801**
**385,867**
**230,888**
**198,081**
**428,969**
**(43,102)**
**176,717**
**(43,102)**
**133,615**|_Total_
_funds_
_2024_
_£_
_330,738_
_9,933_
_799_|
|---|---|---|---|---|
|||||_341,470_|
|||||_163,692_
_147,667_|
|||||_311,359_|
|||||_30,111_|
|||||_146,606_
_30,111_|
|||||_176,717_|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 22 form part of these financial statements.
Page 7
## **HOME TO WORK LIMITED (A company limited by guarantee) REGISTERED NUMBER: 04173875**
## **BALANCE SHEET AS AT 31 MARCH 2025**
|**Note**
**Fixed assets**
Tangible assets
9
**Current assets**
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**
**Charity funds**
Restricted funds
12
Unrestricted funds
12
**Total funds**|**6,052**
**106,385**
**112,437**
**(13,425)**|**2025**
**£**
**34,603**
**34,603**
**99,012**
**133,615**
**133,615**
**133,615**
**74,810**
**58,805**
**133,615**|_96,616_
_35,788_
_132,404_
_19,945_|_2024_
_£_
_24,368_|
|---|---|---|---|---|
|||||_24,368_
_152,349_|
|||||_176,717_|
|||||_176,717_|
||||||
|||||_176,717_|
|||||_122,399_
_54,318_|
||||||
|||||_176,717_|
Page 8
## **HOME TO WORK LIMITED (A company limited by guarantee) REGISTERED NUMBER: 04173875**
## **BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025**
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 26 August 2025 and signed on their behalf by:
## K. Jones
K. Jones (Sep 3, 2025 14:44:37 GMT+1)
## **Mrs Karen V Jones**
The notes on pages 10 to 22 form part of these financial statements.
Page 9
**HOME TO WORK LIMITED**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. General information**
Home to Work Limited is a private company limited by guarantee incorporated in England and Wales. The registered office and principal place of business is 17 High Street, Cleator Moor, Cumbria, CA25 5AH.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements 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) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Home to Work Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Income**
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
## **2.3 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
## **2.4 Government grants**
Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.
Page 10
**HOME TO WORK LIMITED**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **2. Accounting policies (continued)**
## **2.5 Tangible fixed assets and depreciation**
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following basis:
|Motor vehicles|-|25% straight line basis|
|---|---|---|
|Fixtures and fittings|-|25% straight line basis|
|Computer equipment|-|25% straightt line basis|
## **2.6 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.7 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2.8 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## **2.9 Financial instruments**
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 11
**HOME TO WORK LIMITED**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **2. Accounting policies (continued)**
## **2.10 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
## **3. Income from donations and legacies**
|**Unrestricted**
**funds**
**2025**
**£**
Other general income
13,270
Grants
14,000
Government grants
-
Fundraising events
602
27,872
_Unrestricted_
_funds_
_2024_
_£_
Donations
_2,903_
Grants
_13,431_
Government grants
_-_
Fundraising events
_2,035_
_18,369_|**Restricted**
**funds**
**2025**
**£**
-
114,377
228,251
-
342,628
_Restricted_
_funds_
_2024_
_£_
_-_
_100,494_
_211,875_
_-_
_312,369_|**Total**
**funds**
**2025**
**£**
**13,270**
**128,377**
**228,251**
**602**|
|---|---|---|
|||**370,500**|
|||_Total_
_funds_
_2024_
_£_
_2,903_
_113,925_
_211,875_
_2,035_|
|||_330,738_|
Page 12
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **4. Income from charitable activities**
|**Unrestricted**
**funds**
**2025**
**£**
Charity shop income
14,566
_Unrestricted_
_funds_
_2024_
_£_
Charity shop income
_9,933_
**5.**
**Investment income**
**Unrestricted**
**funds**
**2025**
**£**
Interest receivable
801
_Unrestricted_
_funds_
_2024_
_£_
Interest receivable
_799_|**Total**
**funds**
**2025**
**£**
**14,566**|
|---|---|
||_Total_
_funds_
_2024_
_£_
_9,933_|
||**Total**
**funds**
**2025**
**£**
**801**|
||_Total_
_funds_
_2024_
_£_
_799_|
Page 13
**HOME TO WORK LIMITED**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **6. Expenditure on raising funds**
## **Raising funds expenses**
|Project costs
Wages and salaries
Tutorial costs|**Restricted**
**funds**
**2025**
**£**
15,007
174,491
41,390
230,888|**Total**
**funds**
**2025**
**£**
**15,007**
**174,491**
**41,390**|
|---|---|---|
|||**230,888**|
Page 14
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **6. Expenditure on raising funds (continued)**
## **Raising funds expenses (continued)**
|Wages and salaries
Tutorial costs|_Restricted_
_funds_
_2024_
_£_
_119,656_
_44,036_
_163,692_|_Total_
_funds_
_2024_
_£_
_119,656_
_44,036_|
|---|---|---|
|||_163,692_|
## **7. Analysis of expenditure by activities**
|Irrecoverable VAT
Cost of raising funds
Cost of trading activities
Cost of raising funds
Cost of trading activities|**General**
**costs**
**2025**
**£**
18,113
-
-
18,113|**Support**
**costs**
**2025**
**£**
-
159,329
20,639
179,968
_Support_
_costs_
_2024_
_£_
_133,045_
_14,622_
_147,667_|**Total**
**funds**
**2025**
**£**
**18,113**
**159,329**
**20,639**|
|---|---|---|---|
||||**198,081**|
||||_Total_
_funds_
_2024_
_£_
_133,045_
_14,622_|
||||_147,667_|
Page 15
**HOME TO WORK LIMITED**
**(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of support costs**
|Depreciation
Premises costs
Administration costs
Insurance
General expenses
Legal and professional fees
Charity shop expenditure
Bank charges
Depreciation
Premises costs
Administration costs
Insurance
General expenses
Legal and professional fees
Charity shop expenditure
Bank charges
**8.**
**Staff costs**
Wages and salaries
Social security costs|**Raising**
**funds**
**2025**
**£**
9,675
48,695
15,025
5,765
65,018
14,786
-
365
159,329
_Governance_
_2024_
_£_
_8,449_
_66,905_
_11,036_
_2,879_
_22,690_
_20,815_
_-_
_271_
_133,045_|**Trading**
**activities**
**2025**
**£**
1,075
5,451
1,669
641
7,341
-
4,422
40
20,639
_Raising_
_Funds_
_2024_
_£_
_939_
_4,764_
_1,226_
_320_
_2,521_
_-_
_4,789_
_63_
_14,622_
**2025**
**£**
**174,491**
**41,390**
**215,881**|**Total**
**funds**
**2025**
**£**
**10,750**
**54,146**
**16,694**
**6,406**
**72,359**
**14,786**
**4,422**
**405**|
|---|---|---|---|
||||**179,968**|
||||_Total_
_funds_
_2024_
_£_
_9,388_
_71,669_
_12,262_
_3,199_
_25,211_
_20,815_
_4,789_
_334_|
||||_147,667_|
||||_2024_
_£_
_119,656_
_44,036_|
|||||
||||_163,692_|
Page 16
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **8. Staff costs (continued)**
The average number of persons employed by the Company during the year was as follows:
||**2025**|_2024_|
|---|---|---|
||**No.**|_No._|
|Employees|**14**|_9_|
No employee received remuneration amounting to more than £60,000 in either year.
## **9. Tangible fixed assets**
|**Cost or valuation**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
_At 31 March 2024_|**Motor**
**vehicles**
**£**
**5,000**
**-**
**5,000**
**1,250**
**1,250**
**2,500**
**2,500**
_3,750_|**Fixtures and**
**fittings**
**£**
**59,778**
**10,600**
**70,378**
**39,160**
**8,029**
**47,189**
**23,189**
_20,618_|**Computer**
**equipment**
**£**
**-**
**10,384**
**10,384**
**-**
**1,470**
**1,470**
**8,914**
_-_|**Total**
**£**
**64,778**
**20,984**|
|---|---|---|---|---|
|||||**85,762**|
|||||**40,410**
**10,749**|
|||||**51,159**|
|||||**34,603**|
|||||_24,368_|
Page 17
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **10. Debtors**
|**Due within one year**
Trade debtors
Other debtors
Prepayments and accrued income
Grants receivable|**2025**
**£**
**460**
**3,318**
**2,274**
**-**
**6,052**|_2024_
_£_
_420_
_31,473_
_-_
_64,723_|
|---|---|---|
||||
|||_96,616_|
## **11. Creditors: Amounts falling due within one year**
|Trade creditors
Other taxation and social security
Pension fund loan payable
Other creditors
Accruals and deferred income|**2025**
**£**
**3,785**
**1,105**
**297**
**5,728**
**2,510**
**13,425**|_2024_
_£_
_-_
_641_
_313_
_-_
_(20,899)_|
|---|---|---|
||||
|||_(19,945)_|
Page 18
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **12. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Funds - all funds
**Restricted funds**
Skills 4 You 2
Garfield Weston
Sir Robert McAlpine
Modular Kitchen Fund
Cumbria CF
Fibrus
**Total of funds**|**Balance at 1**
**April 2024**
**£**
**54,318**
**86,217**
**17,905**
**447**
**17,830**
**-**
**-**
**122,399**
**176,717**|**Income**
**£**
**43,239**
**277,248**
**25,000**
**-**
**-**
**38,385**
**1,995**
**342,628**
**385,867**|**Expenditure**
**£**
**(38,752)**
**(369,268)**
**(7,205)**
**-**
**(12,081)**
**-**
**(1,663)**
**(390,217)**
**(428,969)**|**Transfers**
**in/out**
**£**
**-**
**56,959**
**(17,795)**
**(447)**
**-**
**(38,385)**
**(332)**
**-**
**-**|**Balance at**
**31 March**
**2025**
**£**
**58,805**|
|---|---|---|---|---|---|
||||||**51,156**
**17,905**
**-**
**5,749**
**-**
**-**|
||||||**74,810**|
||||||**133,615**|
Page 19
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **12. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
General Funds
**Restricted funds**
Skills 4 You 2
Solar power CCF
Slow cooker course
Garfield Weston
Sir Robert McAlpine
Voucher fund
Modular Kitchen Fund
**Total of funds**|_Balance at_
_1 April 2023_
_£_
_75,479_
_62,127_
_9,000_
_-_
_-_
_-_
_-_
_-_
_71,127_
_146,606_|_Income_
_£_
_29,101_
_252,226_
_-_
_-_
_25,000_
_3,000_
_8,372_
_23,771_
_312,369_
_341,470_|_Expenditure_
_£_
_(48,784)_
_(228,136)_
_(8,769)_
_(1,709)_
_(7,095)_
_(2,553)_
_(8,372)_
_(5,941)_
_(262,575)_
_(311,359)_|_Transfers_
_in/out_
_£_
_(1,478)_
_-_
_(231)_
_1,709_
_-_
_-_
_-_
_-_
_1,478_
_-_|_Balance at_
_31 March_
_2024_
_£_
_54,318_|
|---|---|---|---|---|---|
||||||_86,217_
_-_
_-_
_17,905_
_447_
_-_
_17,830_|
||||||_122,399_|
||||||_176,717_|
## **Purpose of Funds**
Skills 4 You - provides a safe environment for individuals to actively engage in a workshop setting offering practical skills development at the same time as addressing the social aspects of life.
Solar Power CCF - to utilise solar power on the Goodlives site
Slow Cooker Course - introducing our learners to slow cooker recipes and healthy eating on a budget.
Garfiled Weston - the core costs of running the Skills 4 You project
Sir Robert McAlpine - to buy wood, soil and rabbit protection mesh for the Goodlives project
Voucher Fund - to buy food vouchers for gifting to the community
Modular Kitchen - to help fund the cost of purchase and installation of modular kitchen within the centre.
Cumbria CF - to help buy equipment and capital items for the S4Y and Handyman Projects
Fibrus - to purchase laptops for S4Y
Page 20
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **13. Summary of funds**
## **Summary of funds - current year**
|General funds
Restricted funds|**Balance at 1**
**April 2024**
**£**
**54,318**
**122,399**
**176,717**
_Balance at_
_1 April 2023_
_£_
_75,479_
_71,127_
_146,606_|**Income**
**£**
**43,239**
**342,628**
**385,867**
_Income_
_£_
_29,101_
_312,369_
_341,470_|**Expenditure**
**£**
**(38,752)**
**(390,217)**
**(428,969)**
_Expenditure_
_£_
_(48,784)_
_(262,575)_
_(311,359)_|**Transfers**
**in/out**
**£**
**-**
**-**
**-**
_Transfers_
_in/out_
_£_
_(1,478)_
_1,478_
_-_|**Balance at**
**31 March**
**2025**
**£**
**58,805**
**74,810**|
|---|---|---|---|---|---|
||||||**133,615**|
||||||_Balance at_
_31 March_
_2024_
_£_
_54,318_
_122,399_|
|**Summary of funds - prior year**||||||
|General funds
Restricted funds||||||
||||||_176,717_|
## **14. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2025**
**£**
Tangible fixed assets
21,444
Current assets
50,786
Creditors due within one year
(13,425)
**Total**
58,805|**Restricted**
**funds**
**2025**
**£**
13,159
61,651
-
74,810|**Total**
**funds**
**2025**
**£**
**34,603**
**112,437**
**(13,425)**|
|---|---|---|
|||**133,615**|
Page 21
## **HOME TO WORK LIMITED**
## **(A company limited by guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **14. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2024_
_£_
_3,750_
_30,623_
_19,945_
_54,318_|_Restricted_
_funds_
_2024_
_£_
_20,618_
_101,781_
_-_
_122,399_|_Total_
_funds_
_2024_
_£_
_24,368_
_132,404_
_19,945_|
|---|---|---|---|
||||_176,717_|
## **15. Related party transactions**
There were the following disclosable related party transactions during the year:
|Works 4 You Limited|**Opening**
**Balance**
**£**
**15,822**
**15,822**|**Amount**
**advance**
**£**
**15,265**
**15,265**|**Amount**
**repaid**
**£**
**(36,815)**
**(36,815)**|**Closing**
**balance**
**£**
**(5,728)**
**(5,728)**|_2024_
_£_
_15,822_|
|---|---|---|---|---|---|
||||||_15,822_|
Loan between Home to Work Limited and Works 4 You Limited is repayable on demand and interest free.
Page 22