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2025-03-31-accounts

Registered number: 05818942 Charity number: 1116385

Home-Start Exeter, East and Mid Devon

(A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

CONTENTS

Page
Reference and administrative details of the Charity, 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 - 23

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees

M Carter, Chair D Herbert W Wills C Farmer

J Evans (resigned 30 April 2025) P Crawford

Company registered number

05818942

Charity registered number

1116385

Registered office

Exmouth Business Centre 14 Hartley Road Exmouth Devon EX8 2SG

Accountants

Griffin Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ

Page 1

HOME-START EXETER, EAST AND MID DEVON (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 for the year 1 April 2024 to 31 March 2025. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the 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 (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015).

Since the company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

Objectives and activities

a. Policies and objectives

The objects of the charity are:

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Activities undertaken to achieve objectives

c. Main activities undertaken to further the Charity's purposes for the public benefit

All trustees have read and considered the Charities Commission Guidance on Public Benefit.

Home-Start Exeter, East and Mid Devon is managed and funded locally. We are supported by the national organisation, Home-Start UK, which offers advice, training, information and guidance to the Home-Start network to ensure consistent and quality support for parents and children. We tailor our support to each family and their specific needs, and we work with the whole family, providing a package of support, comprised of emotional and practical support, activities with children and help to access services.

Page 2

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance

a. Review of activities

In 2024-5 the number of families supported has continued to increase to 147 families, involving 242 children. 84 families had one to one home visiting support from a volunteer and 63 families attended one of our 3 groups. Mothers in Mind is a mental health support group for women during the perinatal phase, referred by midwives or health visitors and the Family Well Being Group is open to any family with children under 5. We also run an evening group for fathers called 'Dad's Domain'.

Families can be referred to us or can refer themselves via our website. 93% of the families we supported with a homevisiting volunteer included a parent impacted by poor mental health and 23% needed help with finances or debt. 19% had experienced domestic violence and 20% had a child with a disability or condition that impacted their health.

We trained 10 new volunteers this year and ended the year with 43 volunteers . However, financial pressures and family circumstances meant that 12 volunteers had to step away from their volunteer role .

Financially we have been fairly stable and have had a 17% increase in grant income over the year. In addition we were fortunate to be the recipient of £24,423 from a major fund raising event run for us and another local charity at Ladram Bay in February .

We continue to be very proud of the difference we make to families. 98% of the families surveyed at the end of their support period with us reported improvements in how they felt since the beginning .

We receive many fantastic comments - the two below are typical :

'She was honestly such a positive and helpful person to have visit and our whole family warmed to her immediately. She helped out in some really dark moments when my twins went to hospital etc but on normal days it was so valuable knowing I could get a few things done each week. Thanks a million from a very grateful family who has had a phenomenal experience with our volunteer'

'From the first visit with my volunteer I started to feel more like I wasn't on my own and that I would be able to achieve my goals. My volunteer helped me to see things more clearly, take things one step at a time and helped me to get a better understanding of my son's condition. She was down to earth, caring and friendly and really became part of our family and we really looked forward to our weekly visits'

Financial review

a. Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity 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.

b. Reserves policy

The trustees have assessed the risks involved in the activities of the charity and have agreed the following reserves policy:

Retain a sufficient level of net current assets or other readily realisable fixed asset investments to provide a cushion equivalent to three months operating expenditure.

At 31st March 2025, the target for reserves was £45,000. The actual general reserves held by the charity at 31st March 2025 were £95,034. This meets the charity's reserves target.

Page 3

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

c. Financial overview

During the year, the charity received total income of £231,792 (2024: £180,048) and had total costs of £171,830 (2024: £163,142), giving a surplus of £59,962 (2024 surplus of £16,906).

Despite the tough economic climate, the charity has maintained an appropriate level of reserves to allow the charity's activities to continue. At the 31 March 2025, current reserves held were £135,270 (2024: £75,308), of which £40,236 are restricted funds and £95,034 are unrestricted.

The calculated reserves to cover 3 months budgeted expenditure for 2025/2026 is £45,000.

Structure, governance and management

a. Constitution

Home-Start Exeter, East and Mid Devon is registered as a Charitable Company limited by guarantee and was set up by a Memorandum of Association on 16 May 2006. The registered charity number is 1116385.

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

c. Financial risk management

The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Charity 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 . 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 Charity 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:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity 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 Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 4

HOME4TART EXETER, EAST AND MID DEVON (A company Ilmited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Approved by order of the members ofthe board of and s*3ned on thelr behalf by.. M Carter Chair of Trusttsa Dat8: Page 5

HOME￿TART EXETER. EAST AND MID DEVON (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent examlner's report to the Trustees of Home-start Exeter, East and Mid Devon ('the Charity,) I report lo the charity Trustees on my ex8rnination of the accounts of th8 Charity for the year ended 31 March 2025. Responslbilitles and basls of report As the Trustees of thè Charity (and its dlrectors for the purposes of company law) you are responsible for the preparatlon of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Acfl. Having satisfied myself that the accounts ofthe Charity are not required lo be audited under Part le ofthe 2006 Act and are eligible for independent examination. I raport in respect of my examination of the Charity's accounts carried out under sectSon 145 of the Charities Act 2011 ('the 2011 ACV). In carrying out my examination I have followed Ihe Direction8 given by the Charlty Commission undèr section 145(5)(b) of the 2011 Act. Independent examlnerfs statement I have Completed my examlnalion. I confimi that no matters have come to my attention In connection wrth the 6xaminatlon givSng me cause to b81ieve'. accounting records werè not kept in respect of the Charity as requlred by saction 386 of the 2006 Act.. or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requlrement that the accounts give a 'true and falf view which Is not a rnatter considered as part of an Independ8nt examination. or the accounts have not bèèn prepared in accordanc8 with the methods and prlnciples of the Statem&nt of Recommended Praclice for accounting and reporting by charlties [applicable to charities preparlng Ihelr accounts in accordance wlth the Flnancial Reporting Standard 8ppllcabl8 In the UK and Republlc of Ireland (FRS 10211. I have no concems and have come across no other matters in Gonnection with the examinatlon to which attention 8hould be drawn in this report In ordar to enable a proper understanding of the accounts to be reached, This report is made solely to the Charivs Trustees, as a body. in accordance with Part 4 of the Charlties (Accounts and Reports) Regulations 2008, My work has been undertaken so that I might stale to the Charity's Trustees those matters l am required to state to them in an Independent examine¢s report and for no oth8r purpose. To the fullest ext8nt pemiitted by law, I do not accept or assume responsibility to anyone otrter than the Charity and the Charivs Trustses as a body. for my work or for this report. Signed.. Daled: Zoliolzr FCA Laura Waycott Griffln Chartered Accountants Courtenay House Pynes Hill Exeter EX2 5AZ Page 6

HOME-START EXETER, EAST AND MID DEVON

(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:
Charitable activities
6
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2025
£
33,877
28,000
685
62,562
2,677
2,677
59,885
35,149
59,885
95,034		 Restricted
funds
2025
£
-
169,230
-
169,230
169,153
169,153
77
40,159
77
40,236		 Total
funds
2025
£
33,877
197,230
685
231,792
171,830
171,830
59,962
75,308
59,962
135,270		 Total
funds
2024
£
22,384
157,082
582
180,048
163,142
163,142
16,906
58,402
16,906
75,308

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 10 to 23 form part of these financial statements.

Page 7

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee) REGISTERED NUMBER: 05818942

BALANCE SHEET AS AT 31 MARCH 2025

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds		 867
137,857
138,724
(3,739)		 2025
£
285
285
134,985
135,270
135,270
135,270
40,236
95,034
135,270		 858
79,264
80,122
(5,228)		 2024
£
414
414
74,894
75,308
75,308
75,308
40,159
35,149
75,308

Page 8

HOME4TART EXETER, EAST AND MID DEVON (A company limlted by guarantee} BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The Charlty was entided to exemption from audit under Section 477 of the Companias Act 2C(J6. The members have not required the company to obtsin an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledg8 their responsibilities for complying with the requir8ments of the Act with r8spect to accounting records and preparation of financial statements. The financial statements have been prepared In accordance with the provisions applicable to entiti88 subJ8ct to the small companies re9ime. The financial ststem6nts were approved and authorised issue by the and slgned on thelr behalf by.. Trustées on "av cffjr M Carter Chalr of Trustees The nots$ on pagè8 10 to 23 fomi part of these financial slatsments. Page 9

HOME-START EXETER, EAST AND MID DEVON (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. General information

The charity is a company limited by guarantee, domiciled in England and Wales. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. The registered office is Exmouth Business Centre, 14 Hartley Road, Exmouth, Devon, EX8 2SG.

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-Start Exeter, East and Mid Devon 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 Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity 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.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the Charity's accounting policies.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 10

HOME-START EXETER, EAST AND MID DEVON (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.4 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 charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Interest receivable

Interest on funds held on deposit 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 institution with whom the funds are deposited.

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £100 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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

20% Straight-line method

2.7 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.

2.8 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.

Page 11

HOME-START EXETER, EAST AND MID DEVON (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.9 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 Charity 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.

2.10 Financial instruments

The Charity 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.

2.11 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.12 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 Charity 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 Charity 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.

Page 12

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

3. Income from donations and legacies

Unrestricted
funds
2025
£
Donations
33,877
Total 2025
33,877
Unrestricted
funds
2024
£
Donations
22,384		 Total
funds
2025
£
33,877
33,877
Total
funds
2024
£
22,384

4. Income from charitable activities

Unrestricted
funds
2025
£
Grants
28,000
Grants		 Restricted
funds
2025
£
169,230
Restricted
funds
2024
£
157,082		 Total
funds
2025
£
197,230
Total
funds
2024
£
157,082

Page 13

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

5. Investment income

Unrestricted
funds
2025
£
Investment income
685
Total 2025
685
Unrestricted
funds
2024
£
Investment income
582		 Total
funds
2025
£
685
685
Total
funds
2024
£
582

6. Analysis of expenditure by activities

Family Support
Total 2025
Family Support
Total 2024		 Activities
undertaken
directly
2025
£
150,865
150,865
Activities
undertaken
directly
2024
£
145,054
145,054		 Support
costs
2025
£
20,965
20,965
Support
costs
2024
£
18,088
18,088		 Total
funds
2025
£
171,830
171,830
Total
funds
2024
£
163,142
163,142

Page 14

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

6. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Other
Total 2025
Staff costs
Other
Analysis of support costs
Depreciation
Office costs
Property costs
Legal and professional
Home-Start levy
Other
Governance costs
Total 2025		 Family
Support
2025
£
143,338
7,527
150,865
Family
Support
2024
£
136,398
8,656
145,054
Family
Support
2025
£
129
5,341
7,615
249
3,678
1,892
2,061
20,965		 Total
funds
2025
£
143,338
7,527
150,865
Total
funds
2024
£
136,398
8,656
145,054
Total
funds
2025
£
129
5,341
7,615
249
3,678
1,892
2,061
20,965

Page 15

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

6. Analysis of expenditure by activities (continued)

Analysis of support costs (continued)

Depreciation
Office costs
Property costs
Legal and professional
Other
Governance costs		 Family
Support
2024
£
129
4,962
8,810
130
2,159
1,898
18,088		 Total
funds
2024
£
129
4,962
8,810
130
2,159
1,898
18,088

7. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £525 ( 2024 - £504 ).

8. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
132,198
5,960
5,180
143,338		 2024
£
126,113
5,448
4,837
136,398

The average number of persons employed by the Charity during the year was as follows:

Support workers
Admin and support		 2025
No.
5
1
6		 2024
No.
5
1
6

Page 16

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

8. Staff costs (continued)

No employee received remuneration amounting to more than £60,000 in either year.

During the year, remuneration and benefits received by key management personnel was £NIL (2024 - £NIL) as the charity is being managed by the Trustees who received no remuneration.

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 March 2025, expenses totalling £Nil were reimbursed or paid directly to no Trustees (2024 - £40 to 1 Trustee). The expenses related to meeting costs.

10. Tangible fixed assets

Cost or valuation
At 1 April 2024
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		 Office
equipment
£
643
643
229
129
358
285
414

Page 17

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

11. Debtors

Due within one year
Prepayments and accrued income		 2025
£
867
867		 2024
£
858
858

12. Creditors: Amounts falling due within one year

Other taxation and social security
Accruals and deferred income		 2025
£
2,339
1,400
3,739		 2024
£
2,378
2,850
5,228

Page 18

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

13. Statement of funds

Statement of funds - current year

Unrestricted funds
General funds
Friends of Home-Start
Restricted funds
Henry Smith Charity
Garfield Weston
National Lottery
Tesco
David Gibbons Foundation
The Clare Milne Trust
Pears Breathing Space
Awards for all NLCF
Cranbrook Town Council
DCC Growing Communities
DCC Locality Budget Grants
Hendy Foundation
RNRMC Grant
Comic Relief
Tesco Stronger Starts
BBC Children in Need
Total of funds		 Balance at 1
April 2024
£
33,765
1,384
35,149
9,754
-
11,191
100
47
1,601
2,710
12,781
1,400
462
-
113
-
-
-
-
40,159
75,308		 Income
£
62,407
155
62,562
31,200
20,000
67,069
-
3,000
5,000
1,500
14,000
-
-
4,700
-
1,000
2,500
1,125
18,136
169,230
231,792		 Expenditure
£
(1,138)
(1,539)
(2,677)
(33,858)
(20,000)
(77,762)
(100)
(774)
(3,434)
(4,210)
(12,781)
(1,400)
(462)
(4,700)
(113)
(1,000)
(1,248)
(127)
(7,184)
(169,153)
(171,830)		 Balance at
31 March
2025
£
95,034
-
95,034
7,096
-
498
-
2,273
3,167
-
14,000
-
-
-
-
-
1,252
998
10,952
40,236
135,270

Page 19

HOME-START EXETER, EAST AND MID DEVON (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

13. Statement of funds (continued)

Friends of Home-Start :- Regular standing order donations from members of the Friends group to the specific bank account.

Henry Smith Charity: - This grant funds the running costs of Home-Start Exeter, East and Mid Devon to be able to support vulnerable families for three years.

Garfield Weston: - This is a grant towards the charity's core running costs.

The National Lottery Community Fund: - This grant funds the charity running costs to be able to support vulnerable families in Exeter, East and Mid Devon for three years.

Action for Children:- This grant funds the expansion of our 0-2 mother and baby group, 'Mothers in Mind'.

Tesco:- This funds a contribution to the salary of staff and volunteer expenses, to provide support for families who are struggling in East and Mid Devon for two years.

The Clare Milne Trust:- The grant is a contribution to the cost of employing a volunteer coordinator and group worker who will aid the service with supporting adults and children with disabilities and special educational needs.

Devon County Council: - This locality grant funds our support for families in Cranbrook and Broadclyst areas.

David Gibbons Foundation:- This grant funds volunteers to provide support to families in East Devon.

HSUK : - Grant fund supports our groups in Exeter and East Devon.

Pears Breathing Space:- A grant towards the costs of a Volunteer Coordinator supporting families, recruiting, training and supporting volunteers, and facilitating groups.

Cranbrook Town Council: - A grant towards the running costs of our two weekly groups held in Cranbrook.

Devon County Council Growing Communities:- Grant funding to add value to our established work, including home-visiting and group support, and helping families to tackle the current cost of living issues and improving mental health and wellbeing.

Devon County Council Innovation Grants Scheme:- a grant to provide Home-Start support to families with children and young people with additional needs (SEND).

Hendy Foundation:- a grant for the purchase of promotional products to raise awareness of our organisation, both to families, potential volunteers and potential donors.

National Grid Community Matters: - project funding to support our vulnerable low-income families who struggled with fuel/energy costs, and to provide training for our Volunteer Coordinators and Volunteers.

Neighbourly/Sainsburys Grant: - short project funding to support families with food and nutrition advice, food budgeting, recipes and home cooking, and accessing food banks.

Awards for All (NLCF):- a grant towards the running costs of our weekly group for Dads.

RNRMC Grant:: - funding for our home-visiting volunteer project, specifically to support Royal Marine families.

Comic Relief: - A grant towards the salary of a Coordinator.

Tesco Stronger Starts : - a grant towards supporting families living in East Devon.

BBC Children in Need: - a grant towards Coordinator salaries and travel expenses for our home-visiting volunteer project and group work.

Page 20

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

13. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
General funds
Friends of Home-Start
Restricted funds
Henry Smith Charity
Garfield Weston
National Lottery
Action for Children
Tesco
HSUK JLP
David Gibbons Foundation
The Clare Milne Trust
Pears Breathing Space
Awards for all NLCF
Cranbrook Town Council
DCC Growing Communities
DCC Innovation Grant
DCC Locality Budget Grants
Hendy Foundation
National Grid Community
Matters
Neighbourly Sainsburys Grants
NL Community Org Cost of
Living Fund
Total of funds		 Balance at
1 April 2023
£
38,948
1,179
40,127
(1,450)
7,951
3,302
213
3,417
888
3,954
-
-
-
-
-
-
-
-
-
-
-
18,275
58,402		 Income
£
22,761
205
22,966
30,900
-
70,117
-
-
-
-
5,000
7,500
12,955
1,400
6,000
5,000
-
500
4,475
1,500
11,735
157,082
180,048		 Expenditure
£
(26,695)
-
(26,695)
(19,696)
(7,951)
(62,228)
(450)
(3,317)
(950)
(3,907)
(3,399)
(4,790)
(174)
-
(5,538)
(5,000)
(950)
(387)
(4,475)
(1,500)
(11,735)
(136,447)
(163,142)		 Transfers
in/out
£
(1,249)
-
(1,249)
-
-
-
237
-
62
-
-
-
-
-
-
-
950
-
-
-
-
1,249
-		 Balance at
31 March
2024
£
33,765
1,384
35,149
9,754
-
11,191
-
100
-
47
1,601
2,710
12,781
1,400
462
-
-
113
-
-
-
40,159
75,308

Page 21

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14. Summary of funds

Summary of funds - current year

General funds
Restricted funds		 Balance at
1 April 2023
£
40,127
18,275
58,402		 Balance at 1
April 2024
£
35,149
40,159
75,308
Income
£
22,966
157,082
180,048		 Income
£
62,562
169,230
231,792
Expenditure
£
(26,695)
(136,447)
(163,142)		 Expenditure
£
(2,677)
(169,153)
(171,830)
Transfers
in/out
£
(1,249)
1,249
-		 Balance at
31 March
2025
£
95,034
40,236
135,270
Balance at
31 March
2024
£
35,149
40,159
Summary of funds - prior year
General funds
Restricted funds
75,308

Page 22

HOME-START EXETER, EAST AND MID DEVON

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2025
£
Tangible fixed assets
285
Current assets
98,488
Creditors due within one year
(3,739)
Total
95,034		 Restricted
funds
2025
£
-
40,236
-
40,236		 Total
funds
2025
£
285
138,724
(3,739)
135,270

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
414
39,963
(5,228)
35,149		 Restricted
funds
2024
£
-
40,159
-
40,159		 Total
funds
2024
£
414
80,122
(5,228)
75,308

16. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £5,180 (2024 - £4,837). Contributions totaling £Nil (2024 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

17. Related party transactions

There charity did not enter into any related party transactions during the year.

In the previous financial year, the charity paid for services from Ocean Blue Catering totalling £170. There were no amounts outstanding at 31 March 2024. One of the Trustees is a director of Ocean Blue Catering who provided food for a quiz evening.

Page 23