OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Home Start Northampton

2025-03-31-accounts

Draft Financial Statements at 16 October 2025 at 16:17:48

Charity registration number 1116665 (England and Wales) Company registration number 05836827

HOME-START NORTHAMPTON

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs JE Halliwell
S Armsby
P Greenham
W Lawrence
F Seymour
Mrs C Dehghani (Appointed 21 November
2024)
Mr RA Draper (Appointed 20 February 2025)
Secretary Mrs Z Reynolds
Charity number 1116665
Company number 05836827
Registered office Annex Community Centre
Spring Lane
Northampton
NN1 2JW
Independent examiner Shaw Gibbs Accountants
Eagle House
28 Billing Road
Northampton
NN1 5AJ
Solicitors Max Engel & Co LLP
21-27 Tudor Court
Wootton Hope Drive
Northampton
NN4 6FF

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

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

The trustees who are also directors present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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).

Objectives and aims

Home-Start is a voluntary organisation, committed to promoting the welfare of families with at least one child under five years of age. Volunteers offer regular support, friendship and practical help to families under stress in their homes, helping to prevent family crisis and breakdown.

The objectives of the Charity as set out in the Constitution are:

To promote education in better standards of childcare and to relieve sickness, poverty and need amongst children and parents of children within Northampton.

The objects for which Home-Start is established are:

a. to safeguard, protect and preserve the good health, both mental and physical, of children and parents with children.

b. to prevent cruelty to, or maltreatment of children.

c. to relieve sickness, poverty and need amongst children and parents of children.

d. to promote the education of the public in better standards of child care within the area of Northampton and its environs.

The Trustees attain these objects by delegating the day to day running to Mrs Z. Reynolds, who reports every six weeks to the management committee which is made up of Trustees and other appointed members.

Home-Start aims to increase the confidence and independence of the family by:

a. offering support, friendship and practical assistance;

b. visiting families in their own homes, where the dignity and identity of each adult and child can be respected and protected;

c. re-assuring parents with difficulties in bringing up children that they are not unusual and, encouraging them to enjoy a family life.

d. developing a relationship with the family in which time can be shared and understanding can be developed, the approach is flexible to take account of different needs;

e. encouraging parent's strengths and emotional well being for the ultimate benefit of the children;

f. encouraging families to widen their network of relationships and to use effectively the support and services available within the community.

In setting its aims and objectives, the trustees have had regard to the guidance from the charity commission on public statement of benefit. The summary of the Charity's achievements and performance demonstrate how the charity has set out to fulfil its principle charitable objectives.

There have been no changes in the objectives and policies since the last report.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

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

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Scheme Managers Report

This year has been one of real progress and transformation for Home-Start Northampton. We’ve grown as a team by welcoming new staff and roles, deepened our partnerships, and taken important steps to bring our support closer to the heart of the community. Moving out of Martin House and into a more flexible, community-based way of working has allowed us to be present, more responsive and flexible in meeting the unique needs of local families.

We’ve supported over 70 families and reached more than 450 children this year, despite this, there is still a growing need for Home-Start support in Northampton. We recognise that families require support in different ways, depending on their individual circumstances. We’ve continued to develop a flexible model of delivery that goes beyond our core volunteer home-visiting service. By offering group-based support, virtual support, and staff-led intensive interventions, we’ve created a pathway that allows families to access the right level of help at the right time. This has also helped us address the ongoing challenge of volunteer recruitment, ensuring that families continue to receive timely and appropriate support even when volunteer capacity is limited.

As part of our ongoing commitment to quality, Home-Start Northampton successfully completed the Home-Start UK Quality Assurance process this year. The assessment examined key areas of our work, including governance, safeguarding, service delivery, volunteer management, and financial oversight. We received positive feedback that recognised the strength of our systems and of the team. Achieving this standard reinforces the quality and safety of our services and provides a solid foundation for continued growth and development.

Collaboration has been a real strength this year. We’ve launched new projects with partners such as KidsAid and Spring Charity to support young parents by building social support networks, improving parental and infant mental health, and providing education and parenting guidance. Alongside this, we developed a food and nutrition programme with Food4Heroes and the University of Northampton to tackle food insecurity, provide education and support to improve the long-term health outcomes for children.

Our new focus on supporting fathers across West Northamptonshire, funded by WNC, through the delivery of Dad Matters, offers tailored one-to-one support by staff and dedicated volunteers, and group support. The programme places a strong emphasis on mental health prevention, helping fathers feel more confident, connected to their children, and supported to access services throughout their parenting journey.

Funded by West Northamptonshire Council through the UK Government’s Household Support Fund, this initiative has been a valuable addition to our support offer which has enabled us to provide energy-saving items, essential items such as white goods, food and utility vouchers to families in need during the ongoing cost of living crisis in the year ahead, we will remain focused on providing early emotional and practical support to families. Our overarching aim continues to be to to improve children’s health, development, and wellbeing to foster resilience and helping them thrive. Thank you to the staff team, our volunteers, trustees and supporters who have, and continue to make this possible.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

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

Financial review

Incoming Resources

Total income for the year amounted to £179,762 (2024 - £160,294), an increase of 12%.

During the year we were awarded several grants from West Northamptonshire Council, amongst others to fund the scheme and its service offering.

Our fundraising and trustee team also continued their great success in securing additional small grant funding, donations and events to enable us to provide on-going family support.

Donations and fundraising amounting to £34,263 (2024 - £53,214) were received, with continued support from the Sudborough Foundation, along with £5,000 donated by Charities Aid Foundation and £8,000 raised through a sponsored abseil event.

We are extremely grateful as the donations are a much-needed source of income for the scheme.

Outgoing Resources

As with prior years, due to the nature of the services we provide the majority of our costs are fixed.

Our main expenditure continues to be staff costs and volunteer expenses, totalling £119,286 for the year (2024 - £124,747), which accounts for over 70% of total expenditure for the year.

Continued cost scrutiny has resulted in overhead costs remaining consistent and in line with expectations.

Due to a largely fixed cost base a surplus has arisen for the year of £17,942 (2024 – Deficit of £12,305) which will be used to fund expenditure in the coming year.

We continue to have a strong balance sheet, with net assets of £142,510 (2024 - £124,568), which will fund the scheme in the short to medium term.

As trustees we continue to explore additional funding opportunities to maintain our high-quality service to ensure the scheme remains sustainable and available to the families who need our support.

Robin Draper Treasurer

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

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

Reserves policy

Home-Start Northampton, with the use of volunteers, is committed to offering support, friendship and practical help to local and diverse families. We ensure that resources are sustainable and of the highest quality in order to provide our services to families and support our volunteers. The nature of our work means that expenditure is largely fixed, with over 70% of expenditure relating to staffing and volunteer costs.

Therefore the trustees have set a reserves policy which requires:

a) reserves are maintained at a level which ensures that Home-Start's core activity could continue during a period of unforeseen difficulty;

b) provide funds which can be designated to projects at short notice in the event of a perceived need;

c) to cover additional management, administration, fundraising and volunteer expenses when necessary,

d) a proportion of reserves are maintained in a readily realisable form.

The trustees have examined the requirement for free reserves, which are those unrestricted funds not designated or otherwise committed and consider that given the nature of the charity's work, the timing of core funding and expectations of stakeholders, free reserves should be at a minimum of six months core expenditure. Any shortfall or excess in reserves will form part of the scheme's planning, budget and forecast cycle.

Changes in funding and the growing demand for the services Home-Start Northampton offer require us to review our reserves policy on an annual basis to ensure service levels and future growth can be adequately funded.

Structure, governance and management

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The organisation is a charitable private company limited by guarantee, incorporated 5 June 2006 and registered in England and Wales. The company registered as a charity on 7 November 2006.

The Company was established under a Memorandum of Association which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of the company being wound up, every member of the Charity undertakes to contribute such amount as may be required (not exceeding £1) to the Charity’s assets if it should be wound up while (s)he is a member or within one year after (s)he ceases to be a member.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

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

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs J Brooks (Resigned 10 October 2024) Mrs A Draper (Resigned 10 October 2024) Mr RA Draper (Resigned 10 October 2024) Mrs JE Halliwell Mr D Roberts (Resigned 19 February 2025) Mr P Woodhouse (Resigned 10 October 2024) S Armsby P Greenham W Lawrence F Seymour Mrs C Dehghani (Appointed 21 November 2024) Mr RA Draper (Appointed 20 February 2025)

Recruitment and appointment of new trustees

The Directors of the company are also Charity Trustees for the purposes of charity law and under the company’s Articles are known as Trustees. Under the requirements of the Memorandum and Articles of Association the Trustees are elected to serve for a determined period, after which they must be reelected at the next Annual General Meeting. At each Annual General Meeting one-third of all Trustees are required to retire.

The management committee comprises of individuals with diverse experiences and skills who are passionate and committed to achieve and preserve the charity's charter. In this spirit, trustees within the charity volunteer their services. The management committee reviews potential trustees to match their experience and skills to best serve the charity. Trustees identified are then put forward to the members at the Annual General Meeting.

Induction and training of new trustees

Newly elected trustees are provided guidance and mentoring by the existing trustees. This includes communicating the responsibilities of being a trustee, ensuring that the goals, objective and members’ interests are looked after. The committee meets regularly to discuss issues, offer advice and support to fellow trustees.

The trustees' report was approved by the Board of Trustees.

.............................. .............................. Mrs JE Halliwell Mr RA Draper Trustee Trustee Date: .............................................

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
3
63,873
114,188
Investments
4
1,701
-
Total income
65,574
114,188
Expenditure on:
Charitable activities
5
90,146
71,674
Total expenditure
90,146
71,674
Net income/(expenditure) and
movement in funds
(24,572)
42,514
Reconciliation of funds:
Fund balances at 1 April 2024
124,568
-
Fund balances at 31 March
2025
99,996
42,514		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
178,061
133,329
25,685
1,701
1,280
-
179,762
134,609
25,685
161,820
125,505
47,094
161,820
125,505
47,094
17,942
9,104
(21,409)
124,568
115,464
21,409
142,510
124,568
-		 Total
2024
£
159,014
1,280
160,294
172,599
172,599
(12,305)
136,873
124,568

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

BALANCE SHEET

AS AT 31 MARCH 2025

Notes
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets
The funds of the charity
Restricted income funds
13
Unrestricted funds
14		 2025
£
660
144,134
144,794
(2,284)		 £
142,510
42,514
99,996
142,510		 2024
£
661
132,397
133,058
(8,490)		 £
124,568
-
124,568
124,568

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the charitable company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on .........................

.............................. ..............................
Mrs JE Halliwell Mr RA Draper
Trustee Trustee

Company registration number 05836827 (England and Wales)

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

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

1 Accounting policies

Charity information

Home-Start Northampton is a private company limited by guarantee incorporated in England and Wales. The registered office is Annex Community Centre, Spring Lane, Northampton, NN1 2JW.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 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 are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment 50% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.9 Taxation

The charity is exempt from corporation tax on its charitable activities.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
34,263
-
Grants
29,610
114,188
63,873
114,188
Grants receivable for core activities
BBC Children in Need
-
6,453
Dennis Allan Yardy
-
25,000
West Northants Council
-
62,736
Other
29,610
19,999
29,610
114,188		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
34,263
53,214
-
143,798
80,115
25,685
178,061
133,329
25,685
6,453
-
25,685
25,000
-
-
62,736
-
-
49,609
80,115
-
143,798
80,115
25,685		 Total
2024
£
53,214
105,800
159,014
25,685
-
-
80,155
105,800

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

4 Income from investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 1,701 1,280
5 Charitable activities
2025 2024
£ £
Staff costs 117,438 122,118
Volunteer expenses 1,848 2,629
Staff travel and expenses 1,220 1,183
Outings, Christmas, etc 7,300 5,774
Consultancy 1,397 1,881
129,203 133,585
Share of support costs (see note 6) 30,207 36,863
Share of governance costs (see note 6) 2,410 2,151
161,820 172,599
Analysis by fund
Unrestricted funds 90,146 125,505
Restricted funds 71,674 47,094
161,820 172,599

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Support costs allocated to activities

Heading
#ac982
2025
£
Rents, rates and parking
4,932
Light, heat and insurance
3,378
Repairs
1,536
Postage, stationary and telephone
7,128
Miscellaneous expenses
1,450
Home-start fee
2,890
Consultancy
8,893
Governance
2,410
32,617
2025
Governance costs comprise:
£
Independent examination fees
-
Accountancy and legal fees
2,410
2,410		 Total
2024
£
4,431
4,183
4,747
10,262
1,594
2,206
9,440
2,151
39,014
2024
£
924
1,227
2,151

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration, expenses or benefits from the charity during the year.

8 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
Total 6 6
Employment costs 2025 2024
£ £
Wages and salaries 113,610 117,117
Other pension costs 3,828 5,001
117,438 122,118

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Employees

(Continued)

The trustees consider that the board of trustees comprise the key management personnel of the charity in charge of directing and controlling the charity. The trustees received no remuneration or benefits during the year.

There were no employees whose annual remuneration was more than £60,000.

9 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

10
Debtors
Amounts falling due within one year:
Prepayments and accrued income
11
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
12
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
660
2025
£
322
642
15
1,305
2,284
2025
£
3,828		 2024
£
661
2024
£
-
7,185
-
1,305
8,490
2024
£
5,001

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

13 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Movement in funds Movement in funds
Balance at Resources Balance at Incoming Resources Balance at
1 April 2023 expended 1 April 2024 Resources expended
31		 March 2025
£ £ £ £ £ £
Nationwide Building Society 21,409 (21,409) - - - -
Children in Need - - - 6,453 -
Dennis Allan Yardy - - - 25,000 (6,250) 18,750
West Northants Council - - - 62,736 (58,138) 4,598
Other - - - 19,999 (833) 19,166
21,409 (21,409) - 114,188 (65,221) 42,514

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

14 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources At 31 March
2024 resources expended 2025
£ £ £ £
General fund - core 67,607 65,574 (90,146) 43,035
Property maintenance fund 5,000 - - 5,000
Non-core funds 51,961 - - 51,961
124,568 65,574 (90,146) 99,996
Previous year: At 1 April Incoming Resources At 31 March
2023 resources expended 2024
£ £ £ £
General fund - core 58,503 134,609 (125,505) 67,607
Property maintenance fund 5,000 - - 5,000
Non-core funds 51,961 - - 51,961
115,464 134,609 (125,505) 124,568

15 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 March 2025:
Current assets/(liabilities)
99,996
42,514
99,996
42,514
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 March 2024:
Current assets/(liabilities)
124,568
-
124,568
-		 Total
2025
£
142,510
142,510
Total
2024
£
124,568
124,568

Draft Financial Statements at 16 October 2025 at 16:17:48 HOME-START NORTHAMPTON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

16 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).