!
REGISTERED COMPANY NUMBER: 054190239 (England and Wales) REGISTERED CHARITY NUMBER: 1120436
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
FOR
HOME-START WYRE FOREST
HOME-START WYRE FOREST
CONTENTS OF THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30°! SEPTEMBER 2025
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report oftheTrustees | 2to6 |
| Independent Examiner’s Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 26 |
| DetailedStatementofFinancialActivities | 27 |
HOME-START WYRE FOREST REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 SEPTEMBER 2025
TRUSTEES
Barbara Hughes - Life President Linda Small - Chair
Megan Weaver - Vice Chair Brian Price - Treasurer Roger Bourne Sam Guille (resigned November 2024) Sarah Morgan (retired June 2025) Cat Borlase (appointed January 2025) Geoff Summers (appointed March 2025)
REGISTERED OFFICE
MCF Complex 60 New Road Kidderminster Worcestershire DY10 1AQ
REGISTERED COMPANY NUMBER
05419029 (England and Wales)
REGISTERED CHARITY NUMBER
1120436
INDEPENDENT EXAMINER
Lancaster Haskins Limited Granville House 2 Tettenhall Road Wolverhampton West Midlands WV1 4SB
BANKERS
National Westminster Bank Plc 24 High Street Kidderminster Worcestershire DY10 2DL
Scottish Widows Bank P O Box 12757 67 Morrison Street Edinburgh EH3 8YJ
1
HOME-START WYRE FOREST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30™ SEPTEMBER 2025
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30" September 2025. The Trustees have adopted the provisions of 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 ACTIVITIES
Aims and Objectives
Our purposes as set out in the objects contained in the Home-Start Wyre Forest Memorandum of Association, applying to the Wyre Forest area and its environs, are to:
-
e safeguard, protect and preserve the good health, both mental and physical, of children and parents of children;
-
e Toprevent cruelty to or maltreatment of children;
-
e Torelieve sickness, poverty and need amongst children and parents of children
-
¢ To promote the education of the public in better standards of childcare
The aims of the Charity are to provide practical and emotional support to local parents to enable them to identify strategies to cope with their difficulties and improve the outcomes for themselves and their children.
Our aims fully reflect the purposes that the Charity was set up to further.
Ensuring our work delivers our aims
We review our aims, objectives and activities each year. This review looks at the outcomes of our work in the previous 12 months, the success of each key activity and the benefits they have brought to those groups of people we are set up to help.
We have referred to the Charity Commission guidance on public benefit when reviewing our aims and objectives and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
The focus of our work
Our main objectives for the year continued to be the promotion and provision of family support to reduce the risk of family breakdown and to safeguard the most vulnerable children in our community. This included continuing our delivery to parents with children aged 0-18 years. The strategies we used to meet these objectives included:
-
e Providing a range of support services which are reflective of quality standards and address the problems arising from the stress of family life and external difficulties for the family unit
-
e Working in partnership with other agencies in our community to provide the most effective and appropriate support for service users
How our activities deliver public benefit
Our main activities and who we try to help are described below. All our charitable activities focus on the support of families and are undertaken to further our charitable purposes for the public benefit.
2
HOME-START WYRE FOREST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30") SEPTEMBER 2025
Who used and benefitted from our service?
Our objectives and funding restrict the service we provide to parents or main carers of a child under 18 years of age (including unborn) who are resident in the Wyre Forest District of Worcestershire. Services are provided free to service users. Our funding limits those we can help.
In the period 1st October 2024 and 30th September 2025, we supported 390 children in 147 families. This is a reduction from the previous year, as we ended a large grant from DY10 HBG Big Local in 2024, which resulted in the loss of a Coordinator post. This directly translates to the number of families we can safely support.
Equal access to our service is important and our current monitoring reflects a diverse service user group (age, gender, disability, ethnic background, socio-economic groups) and our open referral routes ensure families can access support directly or through a third party (referrer).This year we have continued to review and refine our Equality, Equity, Diversity and Inclusion (EEDI) Action Plan, which aims to demonstrate how this ethos is reflected across our full service.
Home-visiting Family Support
Our service runs from a central scheme office, but our core work is delivered in service users’ homes all over the district 52 weeks of the year.
Staff agree a user-lead focus for support with referred families and introduce a suitable trained volunteer to offer support.
Volunteers offer regular (2-3 hours once a week) home visiting support, friendship and practical help to the family, helping to reduce stress, promote confidence and participation and to prevent family breakdown. The support is free to the families, not time limited and confidential, with the exception of child protection concerns.
Additional activities/minimal support
This year we were able to deliver Group Services, funded by Anton Jurgons, The Par Trust and Midcounties Cooperative.
Our weekly Family Groups provide somewhere for our families to meet, form friendships and gain support. In addition to providing the standard weekly structured sessions and activities, we enable families to enjoy their time together, feel part of the wider community and develop and feel proud of new skills.
During 2024/25 we supported 58 children and 32 adults through group sessions.
We continue to offer a signposting service to those families who, on referral, during or following support, feel they need additional specialist help from other organisations.
At Christmas 2024 Midcounties Cooperative staff hosted a Christmas Party, funded through private fundraising arranged by one of their directors, for 138 of our adults and children to attend.
In August 2024 a private donor funded a day trip to the seaside for 111 adults and children to attend.
Reduction of Service 2025
Our service levels are directed by the level of funding we are able to secure. In 2023/24 we were aware we had several large grants ending and despite efforts to secure ongoing funding elsewhere, had to consider, plan and put into place a reduced service from August 2024. This resulted in two staff posts being made redundant and a third staff member moving to a new post on less hours than previously.
Although we had been able to secure some funds ahead of this financial year, we were working on 32 less coordinator hours than the previous five years, which has had an impact on the numbers of families we could support.
3
HOME-START WYRE FOREST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30™ SEPTEMBER 2025
Key achievements in the year
During this accounting period we have been able to continue the employment of a staff team and to maintain a proportionate delivery of service. We continued to deliver core home visiting and group support, plus our Safe & Strong Project, which supports those who have been unable to access psychological services elsewhere due to barriers of thresholds, confidence, stigma and trust or the practical barriers of transport, childcare and time.
During this accounting period we have achieved:
-
® Continuation of service to opened Home-Start families
-
e Accepting referrals for families with children 0-18 years
-
e Delivered Group Support for children aged 0-15 years
-
e Continued a Legacy Partnership with Midcounties Cooperative
-
e Delivered 1-2-1 psychology services to adults and children in receipt of HSWF support to improve their mental health.
-
e We have trained 13 new home visiting volunteers.
-
e Operated the Swap Shop project for twelve months of the year, after securing funds for this to reopen in October 2024. The project enables local families to have access to free good quality children’s clothes and equipment.
-
e Secured Household Support Funds to provide families with food and welfare support during the rise in the cost of living.
-
e Delivered a summer trip and Christmas Party for our families to enjoy and create shared memories away from the pressures of home.
-
e Secured grant funding for the year to continue service throughout.
-
e Recruited and inducted two new director/trustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Home-Start Wyre Forest is a registered Charity and was founded in 1995. We became a Company limited by guarantee and transferred all assets and liabilities from the unincorporated Charity to the incorporated Charity on 1% February 2008. We are governed by the Home-Start Wyre Forest Memorandum and Articles of Association.
Recruitment and appointment of Trustees
The Charity has procedures for the recruitment and appointment of Trustees. The Trustee Board has a wide range of experience both from professionals working with children and members with business experience. In addition, there is volunteer representation on the committee.
All trustees give their time voluntarily and received no benefits from the Charity. Any expenses reclaimed from the Charity are set out under Volunteer Expenses in our accounts.
4
HOME-START WYRE FOREST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30" SEPTEMBER 2025
Organisational structure
==> picture [242 x 129] intentionally omitted <==
----- Start of picture text -----
Board of trustees
Manager
Administrator Coordinators Swap Shop Project Worker
Volunteers
----- End of picture text -----
Risk Management
All major risks have been identified and procedures are in place to minimise risks. There is an annual review of the level of funding required to operate the scheme to cover potential financial risks.
Financial Review
This was always going to be a challenging year with many sponsors tightening their belts and there being more applications for funds than there were funds available. Income decreased by 21% from £271K to £213K resulting in a deficit of £17K compared to £11K last year.
Principal Funding Sources
Our major donors were The Lottery for Safe and Stronger (£72K), Eveson (£30K), BBC Children in Need (£30k), Par Trust (£13K), Lottery Community Fund for Swap Shop (£10K) and Wyre Forest District Council (£10K). Many others supported us for which we were very grateful.
Unrestricted income was £24K.
Reserves
We have a formal Reserves Policy. Home-Start Wyre Forest have identified Reserves set at a minimum of three months running costs plus redundancy payments for all current staff. The Board of Trustees meets regularly to review up to date figures and thus exercise control over financial matters. Our current reserve of £105K is estimated to cover four months costs plus redundancy and closure payments. Our objective is to maintain this reserve at a level to cover increases in costs.
Investment Policy
Aside from retaining a prudent amount in reserves each year most of the Charity’s funds are to be spent in the short term, so there is little opportunity for long term investment. Funds required to ensure compliance with the Scheme’s Reserves Policy (see previous paragraph) are held in an interest-bearing charity deposit account until so needed. The provider of this account is authorised and regulated by The Financial Conduct Authority.
Statement of Trustees Responsibilities
The Trustees (who are also directors for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming
5
HOME-START WYRE FOREST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 3074 SEPTEMBER 2025
resources and application of resources, including the income and expenditure for that period. In preparing these financial statements the Trustees should follow best practice and are required to:
-
e Select suitable accounting policies and then apply them consistently;
-
e Observe the methods and principles in the Charities SORP;
-
e Make judgements and estimates that are reasonable and prudent;
-
e State whether applicable UK Accounting Standards have been followed; and
-
e Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information included in the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements may differ from legislation in other jurisdictions.
Independent Financial Examiners
Lancaster Haskins Chartered Accountants were re-appointed during the year as the charitable company’s accountants and have expressed their willingness to continue to do so.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by the board of Trustees and signed on their behalf by:
Linda Small — Chair
Date: 10 February 2026
6
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HOME-START WYRE FOREST
independent examiner's report to the Trustees of Home-Start Wyre Forest (‘the Company’)
| report to the charity trustees on my examination of the accounts of the Company for the year ended 30% September 2025, which are set out on pages 8 to 27.
Responsibilities and basis of report
As the charity’s trustees of the company (and also 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, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the ‘2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's report
| have completed my examination. | 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 accounting 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).
| 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.
==> picture [8 x 11] intentionally omitted <==
----- Start of picture text -----
G
----- End of picture text -----
Christopher Birchell BSc BFP FCA
Lancaster Haskins Limited Granville House 2 Tettenhall Road Wolverhampton West Midlands WV1 4SB
asFebruary 2026
7
HOME-START WYRE FOREST
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Unrestricted | Restricted | 2025 | 2024 | ||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| Notes | £ | £ | Funds | Funds | |
| £ | £ | ||||
| INCOME & ENDOWMENTS | |||||
| FROM | |||||
| Donations and legacies | 2 | 22,184 | - | 22,184 | 45,856 |
| Charitable Activities | 5 | ||||
| Children & parents | - | 188,962 | 188,962 | 215,756 | |
| OtherTrading Activities | 3 | 628 | - | 628 | 7,107 |
| Investment Income | 4 | 1,652 | - | 1,652 | 1,820 |
| Total | 24,464 | 188,962 | 213,426 | 270,539 | |
| EXPENDITURE ON | |||||
| Charitable activities | 6 | ||||
| Children & parents | 45,137 | 185,386 | 230,523 | 281,924 | |
| NETINCOME/EXPENDITURE | (20,673) | 3,576 | (17,097) | (11,385) | |
| RECONCILIATION OF FUNDS | |||||
| Totalfunds broughtforward | 131,131 | (840) | 130,291 | 141,676 | |
| Transfers between funds | (3,940) | 3,940 | - | - | |
| TOTAL FUNDS CARRIED | 106,518 | 6,676 | 113,194 | 130,291 | |
| FORWARD |
8
HOME-START WYRE FOREST BALANCE SHEET AT 30"4 SEPTEMBER 2025
| Unrestricted | Restricted | 2025 | 2024 | ||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| Notes | £ | £ | Funds | Funds | |
| £ | £ | ||||
| FIXED ASSETS | |||||
| Tangible assets | 12 | - | - | - | - |
| CURRENTASSETS | |||||
| Debtors | 13 | 1,790 | 105 | 1,895 | 1,804 |
| Cash at bank and in hand | 107,590 | 59,137 | 166,727 | 162,158 | |
| 109,380 | 59,242 | 168,622 | 163,962 | ||
| CREDITORS | |||||
| Amounts falling due within one | 14 | (2,862) | (52,566) | (55,428) | (33,671) |
| year | |||||
| a | |||||
| NETCURRENTASSETS | 106,518 | 6,676 | 113,194 | 130,291 | |
| TOTALASSETS LESS CURRENT | 106,518 | 6,676 | 113,194 | 130,291 | |
| LIABILITIES | |||||
| NETASSETS | 106,518 | 6,676 | 113,194 | 130,291 | |
| FUNDS | 16 | ||||
| Unrestricted funds | 106,518 | 131,131 | |||
| Restricted funds | 6,676 | (840) | |||
| TOTALFUNDS | 113,194 | 130,291 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30" September 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30" September 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.
The financial statements were approved by the Board of Trustees on 10 February 2026 and were signed on its behalf by:
Mrs L Small ~ Chair LESM ad
‘
==> picture [188 x 42] intentionally omitted <==
----- Start of picture text -----
MrB Price — Trustee ftom. / - /(ALY
----- End of picture text -----
9
1 ACCOUNTING POLICIES
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3074 SEPTEMBER 2025
BASIS OF PREPARING FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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), Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The accounts are prepared in sterling, which is the functional currency. Monetary amounts in these financial statements are to the nearest £.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings the have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
10
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30" SEPTEMBER 2025
1 ACCOUNTING POLICIES — continued
REDUNDANCY
The Charity recognises a liability for termination benefits at the point when the Charity is committed to making the payment in return for the employee redundancy.
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 when the charity becomes party to the contractual provisions of the instrument.
Financial assets are offset, with the net amounts presented in the accounts where 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 trade and other receivables 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 financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Basic Financial Liabilities
Basic Financial Liabilities, including trade and other payables, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future receipts, discounted at a market rate of interest. Debt instruments are subsequently carried an amortised cost, using the effective interest rate method.
Basic Financial Liabilities
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of the operations from suppliers. Accounts 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 payables are recognised initially at transaction costs.
11
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30™ SEPTEMBER 2025
2. DONATIONS AND LEGACIES
| 2. | DONATIONS ANDAND LEGACIES | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Donations | 22,184 | 45,856 | ||
| Other Income | - | - | ||
| 22,184 | 45,856 | |||
| 3. | OTHERTRADING ACTIVITIES | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Fundraising events | 628 | 7,107 | ||
| 4, | INVESTMENT INCOME | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Depositaccount interest | 1,652 | 1,820 | ||
| 5. | INCOME FROM CHARITABLE | |||
| EVENTS | 2025 | 2024 | ||
| Activity | £ | £ | ||
| Children & | ||||
| Grants | parents | 188,962 | 215,756 |
12
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30" SEPTEMBER 2025
5. INCOME FROM CHARITABLE ACTIVITIES - Continued
| 2025 | 2024 | ||
|---|---|---|---|
| Grants received, included in the above, are | £ | £ | |
| as follows: | |||
| Garfield Weston | - | 20,000 | |
| BBC Children in Need | 30,000 | 23,500 | |
| WFDC - Covid Support | - | 15,000 | |
| WFDC Household Support Fund | 10,000 | - | |
| Awards For All Swap Shop | 10,000 | - | |
| Anton Jurgens | 7,650 | - | |
| Cadent Foundation | 6,280 | 3,283 | |
| The Souter Charitable Fund | 2,000 | - | |
| HSUK | - | 2,500 | |
| Eveson Trust | 30,000 | - | |
| ParTrust | 12,500 | - | |
| Big Lottery | 71,650 | 70,668 | |
| Arnold Clark | 500 | - | |
| Bauer Radio | 3,082 | - | |
| John Lewis | 4,500 | 4,500 | |
| Lottery—Cost of Living Fund | - | 22,488 | |
| Midcounties Co-op | 800 | - | |
| DY10 HBG Big Local | - | 39,817 | |
| Rowland Trust | - | 2,000 | |
| BaileyThomas | - | 12,000 | |
| 188,962 | 215,756 | ||
| 6. | CHARITABLE ACTIVITIES COSTS | ||
| Direct costs | Totals | ||
| (See note 7) | |||
| £ | £ | ||
| Childrenandparents | 230,523 | 281,924 |
13
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30" SEPTEMBER 2025
- DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 £ £
| Staffsalaries | 145,181 | 178,737 | |
|---|---|---|---|
| Pensions | 6,359 | 8,464 | |
| Staffexpenses | 2,498 | 3,080 | |
| Staff recruitment | - | - | |
| Volunteerexpenses | 2,591 | 3,467 | |
| Volunteer recruitment | 12 | 545 | |
| Volunteertraining | 98 | 8 | |
| MCM expenses | 38 | 38 | |
| Printing, postage and stationery | 5,729 | 6,493 | |
| Advertising and publicity | - | 99 | |
| Telephone | 5,049 | 4,734 | |
| Rent | 3,900 | 3,575 | |
| Rates | 411 | 404 | |
| Office cleaning | - | - | |
| Electricity | 1,940 | 3,116 | |
| Insurance | 1,000 | 1,906 | |
| Fees to Home-Start UK | 6,296 | 5,754 | |
| Subscriptions | 54 | 35 | |
| ITsupport | 3,238 | 7,288 | |
| Familygroup support | 10,250 | 18,336 | |
| AGM expenses | 413 | 450 | |
| General expenses | 1,127 | 6,335 | |
| Stafftraining costs | 249 | 238 | |
| Prep courses | 334 | 257 | |
| Depreciation | - | - | |
| Room hire | 2,688 | 6,408 | |
| KFG materials | 508 | 221 | |
| KFG refreshments | 1,681 | 1,944 | |
| Professional fees | 23,536 | 16,725 | |
| Repairs and maintenance | 20 | 127 | |
| Bankcharges | 245 | 300 | |
| Independent examination | 2,820 | 2,820 | |
| Eventsand packages | __ | 2,258 | — |
| 230,523 | 281,924 |
14
HOME-START WYRE FOREST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30™ SEPTEMBER 2025
==> picture [426 x 45] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|8.|NET INCOME/(EXPENDITURE)|2025|2024|
|£|£|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|Depreciation|— owned|assets|-|-|
----- End of picture text -----
9. TRUSTEES REMUNERATION AND BENEFITS
There was no trustees’ remuneration nor other benefits for both the year ended 30 September 2025 and the year ended 30 September 2024,
TRUSTEES’ EXPENSES
An amount of £Nil (2024 - ENil) was paid to the Trustees for the year ended 30 September 2025.
==> picture [425 x 179] intentionally omitted <==
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|10.|STAFF|COSTS|2025|2024|
|The|average|monthly|number|of employees|during|the year was|as|
|follows:|5|6|
|Staff|salaries|for the|year are|as|follows:|
|2025|2024|
|£|£|
|Manager,|secretary|and|co-ordinators|145,181|132,544|
|Community|Staff (DY10)|-|41,941|
|Redundancy|pay|-|4,252|
|145,181|178,737|
----- End of picture text -----
15
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
==> picture [442 x 259] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|11.|COMPARATIVES|FOR THE STATEMENT OF|Unrestricted|Restricted|Total|
|FINANCIAL ACTIVITIES|funds|funds|funds|
|£|£|£|
|INCOME AND|ENDOWMENTS|FROM:|
|Donations|and|legacies|45,856|-|45,856|
|Charitable|activities|
|Children|and|parents|-|215,756|215,756|
|Other|trading|activities|7,107|-|7,107|
|Investment|income|1,820|-|1,820|
|54,783|215,756|270,539|
|EXPENDITURE|ON|
|Charitable|activities|
|Children|and|parents|64,229|217,695|281,924|
|NET|INCOME/(EXPENDITURE)|(9,446)|(1,939)|(11,385)|
|RECONCILATION|OF|FUNDS|
|Total|funds|brought forward|140,577|1,099|141,676|
|TOTAL FUNDS CARRIED FORWARD|131,131|(840)|130,291|
----- End of picture text -----
16
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30™ SEPTEMBER 2025
| 12. TANGIBLE FIXED ASSETS | Fixtures | |
|---|---|---|
| and | ||
| fittings | ||
| £ | ||
| COST | ||
| At 1 October 2024 and 30 September 2025 | 6,172 | |
| DEPRECIATION | ||
| At 1 October2024 and 30September 2025 | 6,172 | |
| NET BOOKVALUE | ||
| At 30 September 2025 | - | |
| At 30September2024 | - | |
| 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 2025 | 2024 |
| £ | £ | |
| Prepayments and accrued income | 1,895 | 1,804 |
| 14, CREDITORS:AMOUNTS FALLING DUE WITHIN ONEYEAR | 2025 | 2024 |
| £ | £ | |
| Accrued expenses and deferred income | 55,428 | 33,671 |
| 15. LEASING AGREEMENTS | 2025 | 2024 |
| £ | £ | |
| Minimum lease payments under non-cancellable operating leases fall due | ||
| as follows: | ||
| Within oneyear | 3,220 | 7,748 |
| Between one and fiveyears | - | 3,220 |
| 3,220 | 10,968 |
17
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30™ SEPTEMBER 2025
| 16. MOVEMENT IN FUNDS | Net | Transfers | ||
|---|---|---|---|---|
| At | movement | between | At | |
| 01.10.24 | in funds | funds | 30.09.25 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 30,460 | (22,325) | (6,940) | 1,195 |
| Designated fund | 100,671 | 1,652 | 3,000 | 105,323 |
| 131,131 | (20,673) | (3,940) | 106,518 | |
| Restricted funds | ||||
| Garfield Weston | - | - | - | - |
| BBC Children in Need | - | - | - | - |
| WEFDC - Covid Support | - | - | - | - |
| WEFEDC Household Support Fund | - | - | - | - |
| Awards For All Swap Shop | - | - | - | - |
| Anton Jurgens | - | 3,063 | - | 3,063 |
| Cadent Foundation | 1,096 | 405 | - | 1,501 |
| The Souter Charitable Fund | - | 118 | - | 118 |
| HSUK | - | - | - | - |
| Eveson Trust | - | - | - | - |
| ParTrust | - | 343 | ~ | 343 |
| Big Lottery | 881 | (739) | - | 142 |
| Arnold Clark | - | - | - | - |
| Bauer Radio | - | 1,027 | - | 1,027 |
| John Lewis | 804 | (804) | - | - |
| Lottery—Cost of Living Fund | - | - | - | - |
| Midcounties Co-op | - | 482 | - | 482 |
| DY10 HBG Big Local | (3,621) | (319) | 3,940 | - |
| Rowland Trust | - | - | - | - |
| BaileyThomas | - | - | - | - |
| (840) | 3,576 | 3,940 | 6,676 | |
| TOTALFUNDS | 130,291 | (17,097) | - | 113,194 |
18
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
==> picture [424 x 433] intentionally omitted <==
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|16. MOVEMENT|IN FUNDS — Continued|Incoming|Resources|Movement|in|
|Resources|expended|funds|
|Net|movement|in|funds,|included|in the|above|£|£|£|
|are|as|follows:|
|Unrestricted|funds|
|General|fund|22,812|(45,137)|(22,325)|
|Designated|fund|1,652|-|1,652|
|24,464|(45,137)|(20,673)|
|Restricted|funds|
|Garfield|Weston|-|-|-|
|BBC|Children|in|Need|30,000|(30,000)|-|
|WFDC|-|Covid|Support|-|-|-|
|WFDC|Household|Support|Fund|10,000|(10,000)|-|
|Awards|For|All|Swap|Shop|10,000|(10,000)|-|
|Anton Jurgens|7,650|(4,587)|3,063|
|Cadent|Foundation|6,280|(5,875)|405|
|The|Souter|Charitable|Fund|2,000|(1,882)|118|
|HSUK|-|-|-|
|Eveson|Trust|30,000|(30,000)|-|
|Par Trust|12,500|(12,157)|343|
|Big|Lottery|71,650|(72,389)|(739)|
|Arnold|Clark|500|(500)|-|
|Bauer|Radio|3,082|(2,055)|1,027|
|John|Lewis|4,500|(5,304)|(804)|
|Lottery — Cost|of|Living|Fund|-|-|-|
|Midcounties|Co-op|800|(318)|482|
|DY10|HGB|Big|Local|-|(319)|(319)|
|Rowland|Trust|-|-|-|
|Bailey Thomas|-|-|-|
|188,962|(185,386)|3,576|
|TOTAL MOVEMENT|213,426|(230,523)|(17,097)|
----- End of picture text -----
19
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30" SEPTEMBER 2025
==> picture [421 x 445] intentionally omitted <==
----- Start of picture text -----
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|16.|MOVEMENT|IN|FUNDS|Net|Transfers|
|At|movement|between|At|
|01.10.23|in|funds|funds|30.09.24|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|1,726|(11,266)|40,000|30,460|
|Designated|fund|138,851|1,820|(40,000)|100,671|
|140,577|(9,446)|-|131,131|
|Restricted|funds|
|Garfield|Weston|-|-|-|-|
|BBC|Children|in|Need|3,112|(3,112)|-|-|
|WFDC - Covid|Support|-|-|-|-|
|WFDC|Household|Support|Fund|-|-|-|-|
|Awards|For|All|Swap|Shop|-|-|-|-|
|Anton|Jurgens|-|-|-|-|
|Cadent|Foundation|-|1,096|-|1,096|
|The|Souter|Charitable|Fund|233|(233)|-|-|
|HSUK|-|-|-|-|
|Eveson|Trust|-|-|-|-|
|Par Trust|-|-|-|-|
|Big|Lottery|599|282|-|881|
|Arnold|Clark|-|-|-|-|
|Bauer|Radio|-|-|-|-|
|John|Lewis|-|804|-|804|
|Lottery|-|Cost|of|Living|Fund|-|-|-|-|
|Midcounties|Co-op|-|-|-|-|
|DY10|HBG|Big|Local|(2,845)|(776)|-|(3,621)|
|Rowland|Trust|-|-|-|-|
|Bailey Thomas|-|-|-|-|
|1,099|(1,939)|-|(840)|
|TOTAL FUNDS|141,676|(11,385)|-|130,291|
----- End of picture text -----
20
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30™ SEPTEMBER 2025
==> picture [434 x 434] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|16.|MOVEMENT|IN|FUNDS — Continued|Incoming|Resources|Movement|in|
|Resources|expended|funds|
|Net|movement|in|funds,|included|in|the|above|£|£|£|
|are|as|follows:|
|Unrestricted|funds|
|General|Fund|52,963|(64,229)|(11,266)|
|Designated|Fund|1,820|-|1,820|
|54,783|(64,229)|(9,446)|
|Restricted|funds|
|Garfield|Weston|20,000|(20,000)|-|
|BBC|Children|in|Need|23,500|(26,612)|(3,112)|
|WFDC|- Covid|Support|15,000|(15,000)|-|
|WFDC|Household|Support|Fund|-|-|-|
|Awards|For|All|Swap|Shop|-|-|-|
|Anton|Jurgens|-|-|-|
|Cadent|Foundation|3,283|(2,187)|1,096|
|The|Souter|Charitable|Fund|-|(233)|(233)|
|HSUK|2,500|(2,500)|-|
|Eveson|Trust|-|-|-|
|Par|Trust|-|-|-|
|Big|Lottery|70,668|(70,386)|282|
|Arnold|Clark|-|-|-|
|Bauer|Radio|-|-|-|
|John|Lewis|4,500|(3,696)|804|
|Lottery|-|Cost|of|Living|Fund|22,488|(22,488)|-|
|Midcounties|Co-op|-|-|-|
|DY10|HBG|Big|Local|39,817|(40,593)|(776)|
|Rowland|Trust|2,000|(2,000)|-|
|Bailey Thomas|12,000|(12,000)|-|
|215,756|(217,695)|(1,939)|
|TOTAL MOVEMENT|270,539|(281,924)|(11,385)|
----- End of picture text -----
21
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30" SEPTEMBER 2025
==> picture [421 x 456] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|16.|MOVEMENT|IN|FUNDS|-|continued|At|Net|Transfers|At|
|01.10.23|Movement|between|30.09.25|
|in|funds|funds|
|A|current year|12|months|and|prior|year|£|£|£|£|
|12|months combined|position|is|as|
|follows:|
|Unrestricted|Funds|
|General|fund|1,726|(33,591)|33,060|1,195|
|Designated|fund|138,851|3,472|(37,000)|105,323|
|140,577|(30,119)|(3,940)|106,518|
|Restricted|Funds|
|Garfield|Weston|-|-|-|-|
|BBC|Children|in|Need|3,112|(3,112)|-|-|
|WFDC|-|Covid|Support|-|-|-|-|
|WFDC|Household|Support|Fund|-|-|-|-|
|Awards|For|All|Swap|Shop|-|-|-|-|
|Anton|Jurgens|-|3,063|-|3,063|
|Cadent|Foundation|-|1,501|-|1,501|
|The|Souter Charitable|Fund|233|(115)|-|118|
|HSUK|-|-|-|-|
|Eveson|Trust|-|-|-|-|
|Par Trust|-|343|-|343|
|Big|Lottery|599|(457)|-|142|
|Arnold|Clark|-|-|-|-|
|Bauer|Radio|-|1,027|-|1,027|
|John|Lewis|-|-|-|-|
|Lottery|-|Cost|of|Living|Fund|-|-|-|-|
|Midcounties|Co-op|-|482|-|482|
|DY10|HBG|Big|Local|(2,845)|(1,095)|3,940|-|
|Rowland|Trust|-|-|-|-|
|Bailey Thomas|-|-|-|-|
|1,099|1,637|3,940|6,676|
|TOTAL FUNDS|141,676|(28,482)|-|113,194|
----- End of picture text -----
22
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30"! SEPTEMBER 2025
==> picture [426 x 456] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|16.|MOVEMENT|IN|FUNDS — Continued|Incoming|Resources|Movement|
|Resources|expended|in|funds|
|A|current|year|12|months and|prior year|12|months|£|£|£|
|combined|net|movement|in|funds,|included|in|the|
|above|are|as|follows:|
|Unrestricted|funds|
|General|Fund|75,775|(109,366)|(33,591)|
|Designated|Fund|3,472|-|3,472|
|79,247|(109,366)|(30,119)|
|Restricted|funds|
|Garfield|Weston|20,000|(20,000)|-|
|BBC Children|in|Need|53,500|(56,612)|(3,112)|
|WFDC|-|Covid|Support|15,000|(15,000)|-|
|WFDC|Household|Support|Fund|10,000|(10,000)|-|
|Awards|For|All|Swap|Shop|10,000|(10,000)|-|
|Anton|Jurgens|7,650|(4,587)|3,063|
|Cadent|Foundation|9,563|(8,062)|1,501|
|The|Souter Charitable|Fund|2,000|(2,115)|(115)|
|HSUK|2,500|(2,500)|-|
|Eveson|Trust|30,000|(30,000)|-|
|Par Trust|12,500|(12,157)|343|
|Big|Lottery|142,318|(142,775)|(457)|
|Arnold|Clark|500|(500)|-|
|Bauer|Radio|3,082|(2,055)|1,027|
|John|Lewis|9,000|(9,000)|-|
|Lottery|-|Cost|of|Living|Fund|22,488|(22,488)|-|
|Midcounties|Co-op|800|(318)|482|
|DY10|HBG|Big|Local|39,817|(40,912)|(1,095)|
|Rowland|Trust|2,000|(2,000)|-|
|Bailey Thomas|12,000|(12,000)|-|
|404,718|(403,081)|1,637|
|TOTAL MOVEMENT|483,965|(512,447)|(28,482)|
----- End of picture text -----
23
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30™ SEPTEMBER 2025
16. MOVEMENT IN FUNDS — Continued
Unrestricted
General Fund
The policy of the committee is to endeavour to increase the value of the General Fund, the general fund is to be used for the day to day running of the charity as the trustees deem appropriate.
Designated Fund
The purpose of the Designated Fund is to provide for a minimum of three months running costs and redundancy payments should the Scheme have to close because of a failure of funding or for any other reason. The scheme established and maintained this Reserve in compliance with a recommendation from Home-Start UK. The balance on 30 September 2025 is £105,323 (2024: £100,671).
Restricted Funds
Garfield Weston
Grants were received to contribute to the running costs of the photocopier, rent, and general utilities. The balance on 30 September 2025 is £Nil (2024: ENil).
BBC Children in Need
Grants were received from this Charity to cover part of the Co-ordinators’ salary costs. The balance at 30 September 2025 is £Nil (2024: ENil).
Wyre Forest District Council Grants (WFDC — Covid Support)
Grants were received to support food and welfare costs for families. The balance on 30 September 2025 is ENil (2024: £Nil).
Wyre Forest District Council Grants (WFDC Household Support Fund)
Grants were received to provide food vouchers for households experiencing financial hardship as a result of rising living costs. The balance on 30 September 2025 is £Nil (2024: ENil).
Awards For All Swap Shop
Grants were received to part cover staff and costs for our Swap Shop project. The balance on 30 September 2025 is ENil (2024: ENil).
Anton Jurgens
Grants were received to support the costs of running family groups, enabling regular sessions that promote connection, wellbeing, and peer support for local families. The balance on 30 September 2025 is £3,063 (2024: ENil).
Cadent Foundation
Grants were received to cover family group costs. The balance on 30 September 2025 is £1,501 (2024: £1,096).
The Souter Charitable Fund
Grants were received to cover volunteer expenses. The balance on 30 September 2025 is £118 (2024: ENil).
24
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30™ SEPTEMBER 2025
16. MOVEMENT IN FUNDS -— Continued
HSUK
Grants were received to provide core support for children identified as having child protection concerns, ensuring they receive appropriate safeguarding, guidance, and stability during periods of heightened vulnerability. The balance on 30 September 2025 is £Nil (2024: ENil).
Eveson Trust
Grants were received to contribute to the core running costs including staff and utilities. The balance on 30 September 2025 is ENil (2024: ENil).
Par Trust
Grants were received to contribute £10,000 towards the delivery of family group sessions and £20,000 to support core organisational costs, enabling the charity to maintain essential services and operational capacity. The balance on 30 September 2025 is £343 (2024: ENil).
Arnold Clark
Grants were received to support the costs of delivering family group sessions, providing a safe and supportive space for families to connect, build relationships, and access guidance. The balance on 30 September 2025 is ENi! (2024: ENil).
Bauer Radio
Grants were received to support the costs of delivering family group sessions, providing a safe and supportive space for families to connect, build relationships, and access guidance. The balance on 30 September 2025 is £1,027 (2024: ENil).
John Lewis
Grants were received from The Building Happier Futures Fund, part of the John Lewis Partnership Foundation, these contributed to core staff salary costs. The balance on 30 September 2025 is ENil (2024: £804).
Lottery — Cost of Living Fund
Grants were received to assist with covering staff costs and swap shop project costs. The balance on 30 September 2025 is ENil (2024: £Nil).
Midcounties Co-op
Grants were received to assist with covering staff costs and swap shop project costs. The balance on 30 September 2025 is £482 (2024: £Nil).
Big Lottery
Grants were received to cover most of the costs of providing bespoke therapy to adults or children along with family support and to enable the training and development of staff to continue the level of support in the future. The costs include salary costs for the Project Manager, Project Secretary, Project Co-ordinator and sessional psychologists, training and overheads. The balance on 30 September 2025 is £142 (2024: £881).
25
HOME-START WYRE FOREST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30™ SEPTEMBER 2025
16. MOVEMENT IN FUNDS — Continued
DY10 HBG Big Local
Grants were received to cover the costs of running family groups, volunteer training costs and provide HR services to a community project, this includes salary costs, room hire, volunteer expenses and other administrative services. The balance on 30 September 2025 is ENil (2024: £(3,621)).
Rowland Trust
Grants were received to cover part of the cost of purchasing a new IT system. The balance on 30 September 2025 is ENil (2024: ENil).
Bailey Thomas
Grants were received to cover part of the Co-ordinators’ salary costs. The balance on 30 September 2025 is ENil (2024: ENil).
17. RELATED PARTY DISCLOSURE
There were no related party transactions for the year ended 30° September 2025.
18. LEGAL STATUS
The Charity is a company limited by guarantee and has no share capital.
19. INDEPENDENT EXAMINATION
The fees for the independent examination for the year ended 30 September 2025 amounted to £2,820 (2024: £2,820).
26
HOME-START WYRE FOREST DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025
| INCOMEAND ENDOWMENTS | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Donations and legacies | ||
| Donations | 22,184 | 45,856 |
| Other income | - | - |
| 22,184 | 45,856 | |
| OtherTrading Activities | ||
| Fundraising events | 628 | 7,107 |
| Investment Income | ||
| Deposit account interest | 1,652 | 1,820 |
| Charitable activities | ||
| Grants | 188,962 | 215,756 |
| Total Incoming Resources | 213,426 | 270,539 |
| EXPENDITURE | ||
| Charitable Activities | ||
| Staff salaries | 145,181 | 178,737 |
| Pensions | 6,359 | 8,484 |
| Staffexpenses | 2,498 | 3,080 |
| Staff recruitment | - | - |
| Volunteer expenses | 2,591 | 3,467 |
| Volunteer recruitment | 12 | 545 |
| Volunteer training | 98 | 8 |
| MCM expenses | 38 | 38 |
| Printing, postage & stationery | 5,729 | 6,493 |
| Advertising and publicity | - | 99 |
| Telephone | 5,049 | 4,734 |
| Rent | 3,900 | 3,575 |
| Rates | 411 | 404 |
| Office cleaning | - | - |
| Electricity | 1,940 | 3,116 |
| Insurance | 1,000 | 1,906 |
| Fees to Home-Start UK | 6,296 | 5,754 |
| Subscriptions | 54 | 35 |
| ITsupport | 3,238 | 7,288 |
| Familygroup support | 10,250 | 18,336 |
| AGM expenses | 413 | 450 |
| General expenses | 1,127 | 6,335 |
| Stafftraining costs | 249 | 238 |
| Prep courses | 334 | 257 |
| Depreciation | - | - |
| Room hire | 2,688 | 6,408 |
| KFG materials | 508 | 221 |
| KFG refreshments | 1,681 | 1,944 |
| Professional fees | 23,536 | 16,725 |
| Repairs and maintenance | 20 | 127 |
| Bank charges | 245 | 300 |
| Independent examination | 2,820 | 2,820 |
| Events and packages | 2,258 | - |
| Total resources expended | 230,523 | 281,924 |
| Netincome/(expenditure) | (17,097) | (11,385) |
27
==> picture [15 x 11] intentionally omitted <==