HOME-START BIRMINGHAM NOtirH AND INNER CITY LIMITED HOME-START BIRMINGHAM NORTr{ AND INNER CIIY LIMITED {A company limited by guardntee) TRUSfEES REPORT AND FINANCIAL STATEMEwf5 FOR THE YEAR ENDED 31" MARCH 2025 CHARITY NUMBEFL" 1122603 HOME-START BIRMINGHAM NO H AND INNER aTY LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31"MARCH 2025 CONTENTS Lesal & Administrative Information Report of the Trustees Report of the Examiner Independent statement of Financial Activitie5 Balance Sheet Notes to the Financi31 Statement HOME-5TART BIRMINGHAM NORTH AND INNER CITY LIMITED I. LEGALAND ADMINisfRATWE INFORMATION Dirett0￿. SLRice DMEa5t C Carter-james L Wiltshire D Pujara S Grnnt E-J Daly Secretary. W MurtaEh Registered Office: Enterprise House 656, Chester Rd Birmingham B23 STE Company Number: 6263702 Charity Number. 1122603 Bankers: HSBC Bank plc 56 High St Birmingham B23 6RT HOME-START BIRMINGHAM NORTH AND INNER CITh LIMITED REPORT OF THE TRu￿EE5 FOR THE YEAR ENDED 31￿mARcH 2025 TheTrustee5 presenttheir reportand the financial statementsforthe yearended 31StMarch 2025. The trustees have adopted the provisions of the Statement of Recommended Practice150RPI "AccountinE and Reporting by Charities. in p￿parIng the annual report and financial ststements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and complywiih the charity'sgoverningdocument, the CharitiesAct 2011 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 UKand Republic of Ireland published in October 2019. Trustee5 of the charity The directors of the charitable company are it5 trustees for the purposes of charity law. The trustees who have served during the year can be found on the legal and administrative information page. It is sovemed by Memorandum & Articles of Association adopted Dn incorporation. OBJEcfivES AND ACTIVITIES Policie5 and Objectives In setting objectives and planning for attivities. the Trustees have given due consideralion to general guidance published by the Charity Commission relating to public benetit and in particular to its supplementary public benefit guidance. Principal activities Principally but not exclusivelywithin the Birmingham areas of Ladywood, Perry Barr, Erdington and its environs; to safeguard, protect and preserve the good health, both rnental and physic31, of children and parent5 of children,. to prevent cruelty to or maltreatment of children; to relieve sickness, poverty and need amongst children and parents of children. to promote the education of the public in berter standards of child care: ACHIEVEMENTS 36 years on from the establishment of the charity, it fee15 as though parenES and children need our support more than ever. The staff and volunteers have shown outstanding resilience and dedication to the organisation's aims/obsectives. supporting parents and connecting communities in extremely difficult times. Throughout this year we have supported a total of 147 families through ourcore offer of volunteer-led home visiiing support. plus Targeted Support, Counselling, Family group5 and English Classes for Speaker5 of Other Languages classes IESOL.) Thi5 15 a wonderful achievement and staff should be rightly proud of what they have accomplished. HOME-START BIRMINGHAM NORTH AND INNER CITY LIMITED FINANCIAL REVIEW & RFSERVES POLICY Income receipts totalled £293,835 202415 as cornpared -- £303,61212023/24) Expenditure In the yea r totslled £ 230,970 2024125 of which £91,508 was restricted cornpa￿d to 240,279 (2023124} of whlch £118,097 restricted. The total funds carried forward as at the financlal year end 202412025 £209.570. The company continLSed to set aside funds in a-separdte bank account to be utilised in the event of closvre of the scheme. This account has a balance of £100,136 .10 as3t 3st March 2025 to maintain the scheme for a period 3 months. This report was approved by theTru5tees on 2& November 2025 and signed on its behalf by Mrs L Wiltshire Director Registration number 6263702 HOmE-￿ART BIRMINGHAM NORTH AND INNER CITY LIMITED 4. INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF HOME-START BIRMINGHAM NORTH & INNER CITY. I report to the charity trustees on my examination of the accounts of the company for the year ended 31"March 2025 which are set out on pages 5 to 15. Responsibilities and basis of report As the charity trustees of the campany (and also its director5 for the purposes of company lawl you are responsible for the preparation of the account5 in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'l. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your company's accounts as carried out under section 145 of the Charitie5 Act 2011 {'the 2Qll Act'l. In carrying out my examination I have followed the Direttion5 siven by the Charlty Commission under sertion 145{51{b) of the 2011 Act. Independent examiner's statement I have completed my examination. I conftrm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act,, or 2. the acwunts do not accord with those records; or 3. the accounts do not comply wirh the accounting requirement5 of settion 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 method5 and principle5 of the Statement of Recommended practi￿ for accounting and reporting by charitie5. I have no concerns and have come acros5 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. Sally Bateman 79 Witlieiford Way. Selly Oak, Binningham B?9 4AN HOME-START BIRMINGHAM NORTH AND INNER CITY LIMITED STATEMENT OF FINANCIAL AcrivrriES INCLUDING INCOME AND EXPENDEfuRE ACCOUNT FOR THE.YEAR ENDED 31"MARCH 2025 hlotes Unrestricted Restricted Total Total Funds Funds Funds 2025 Funds 2024 Incoming Resources Incoming resources from generdted funds Voluntary income Investment income 65,439 1,507 65,439 20,877 1,507 714 Incoming resources frorn charitable Activitie5 106,889 120.0 226,889 282.021 Total Incoming Resources 173,835 0,000 293,835 303,612 Resources Expended Cost of generating funds-fimdraising 208 1688 2.896 2.898 Charitable aciivities 138.753 88,821 227,574 500 237,381 Governance costs Total Resources Expended 139A61 91,509 230,970 240,279 Net incoming resources/(resources expended) 34,374 28,491 62,865 63,333 Transfer between funds Community Account Net Expenditure Total funds brought forward TOTAL FUND5 CARRIED FORWARD 112,147 146520 34,558 63,049 146,705 146,705 209,569 HOmE-￿ART BIRMINGHAM NORTH AND INNER crry LIMITED BALANCE SHEET FOR THE YEAR ENDED 31"MARCH 2025 Note5 2025 2024 Fixed A55ets NIL Current Assets Cash at bank and in hand 209,570 146,705 209,570 146.705 Creditors: Due within one year nil Net current assets 209,570 146,705 Net assets £209.570 Funds Unrestricted funds Restricted fund5 io li 146,520 63,070 69,367 77,338 Total Charity funds 209,570 146,705 Balance @ Bank 3110312025 £209,569.93 For the year ended 31st March 2025 the companywas entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its financial statements ftir the year in question in accordan￿ with section 476 of the Companies Act 21J)6. Thetrustees acknowledge their responsibility for complying With the requirement5 of the Companies Act with respect to accounting records and the preparation of financial statements. These accounts are prepared in accordance with the provisions applicable to the small companie5, regime. These financial statements were approved and authorised for i55ue bythe Board on 26th November 2025 and signed on its behalf by Mrs L Wiltshire Director (Registration Number 6263702) HOME-START BIRMINGHAM NORTH AND INNER CITY LIMITED HOME-START BIRMINGHAM NORTH AND INNER CITY LIMITED NOTES TO THE FINANCIAL STATEMENTS The notes on pages 7 to 14 form an integral part of these financial statements. ACCOUNTING POLICIES Home-start Birmingham North and Inner City Limited is a charity registered in England & Wales and a private company limited by guarantee. The company's registered office is gtven in the legal and administrative information page. The principa5 activity of the company TS to help f3milies with young children deal with the challenges they face. We support parents as they learn to cope, improve their confidence and build better lives for their children. The charity constitutes a public benefit entity as defirted by FRS 102. The financial statement5 have been prepared in accordance with Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Repotsng Stsndard applicable in the United Kingdom and Republic of Ireland IFRS 1021, •the Charities Act2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice. Th¢ finan¢i21 statements are prepaiEd on a goiiig concern basis uiidei. tlie liistorical cost coiiveiitLOII, modified to include certaii) iteins at fair valu¢. The financial statemeiiTs a￿ presei)l¢d in sterling and rounded to the nearcst £1. Th¢ significant accounting policies applied in the preparatioA] of thes¢ fInancial stdtemenls are set out below. -llJ¢5e policies Iiave been con51Stently applied to all years p￿Se1)ted uiile55 otherwise stated. COMPANY STATUS The charity is a company limited by guarantee. In the event of the charwty beingwound up, the liability in respect of the guarantee is limited to £1 per member of the charity. PREPARATION OF ACCOU￿[S ON A GOING CONCERN BASIS The financial statemen:s have been p￿Pared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 month5 from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of resoNes for the charity to be able to continue as a going concern. INCOMING RESOURCES All Incoming resources are included in the SOFA when the chariry is legally entitled to the income and the amount can be quantified with reasonable accuracy. HOME-START BIRMINGHAM NORTH AND INNER CITY LIMITED INCOME FROM INVEsfMEWS Interest on fvnd5 held on deposit is included when receivable and the amount can be measured reliably by the charity; this 15 normally upon notification of the interest paid or payable by the Bank. RESOURCES EXPENDED All expenditure is accounted for on an accruals ba515. TANGIBLE FIXED ASSETS Individ ual fixed assets costing £250 ormore Bre capitalised at cost and are depreciated overtheir esttmated useful economic lives on a strdight line basis as follows: Asset Category Computer equipment Depreciation Over 3 years Stratght Line CASH AT BANKAND IN HAND Cash at b3nkand cash in hand includes cash and shortterm highly liquid investmentswith a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. CREDITORS AND PROVISIONS Creditors and provi5ion5 are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of fund5 to a third party and the amount due to settle the obligation can be measured orestimated reliably. Creditors and provisions are normally recognised attheir settlement amount after alk)wing foranytrade discounts due. TAXATION The charity is an exempt charitywith the meaning ofschedule 3 of thecharities Act 2011 and isconsidered to pass tests set out in Paragrnph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. FUND ACCOUNTING Unrestricted funds are avatlable to spend on activities that further any of the purposes of charity. Restrirted funds are donations which the donor has specified are to be solety used for particular areas of the charity's work orfor specific artisiic projects being undertaken bythe Trust. HOmE-￿ART BIRMINGHAM NORTH AND INNER CITY LIMITED ANALYSIS OF INCOMING RESOURCES Unrestricted Restricted Total Total Funds Funds 2025 2024 Donations Interest received 20,877 714 1,507 1,507 Grants received 172.328 120000 292,328 282.021 173,835 120.(KIO 293,835 303,612 3. ANALYSIS OF RESOURCES EXPENDED Unrestricted Restricted Total 2025 Tota I 2024 Salaries 109.799 76.004 185,803 Cost of generating funds- Fundraising 208 2,688 2,896 2,898 Charitable activities (note 4) 28.956 12,815 41,771 237,381 Governance costs 500 139,463 500 230,970 91,507 HOME-sfART BIRMINGHAM NORTH AND INNER CITY LIMrrED 4 .ANALYSIS OF EXPENDITURE ON CHARrrABLE AcrrriviTES Unrestricted Restritted 2025 109,799 76,004 185.803 1,118 1,069 2,187 113 5.441 23 1,124 3,408 1,242 4,098 500 g46 735 10,708 208 139.463 2024 190,278 2,697 451 S313ries gross Travel &Other Expenses Volunteer Expenses Subscription to Home-stsrt U.K. 5ubscriptionstrraining Therapy &Coun5elling Telephone Insurance Sundry/Offlce costs Independent Examination Payroll Family Group Rent venue hire Fundraiser 5,441 23 2.804 3.408 1,242 7.485 500 946 1.830 2,565 4.849 15,557 2,688 2,896 91,507 230,970 4,785 1,520 1,376 3,649 978 11,7D8 2,330 1,680 3,387 2,420 18,086 240,278 5.GOVERNANCE cosrs un￿strICted Restricted Total 2025 2024 Independent Examiner's Fee 5CM) 500 500 6 FIXED ASSEfs: Nil 7.CREOITORS: Amounts falling due within one year 2025 2024 Taxation and social security Accruals and deferred income Nll 8.STAFF COSTS No remuneration was paid to trustees in the year nor were any expense5 reimbursed to them The 5tsff costs of the remaining staff were- 2025 2024 Salaries and Social Security Costs 178,452 184,416 Pension contributions 7,352 5,682 There were no employers who received total employment benefits of more than £60,000 per year. 9. THEAVERAGE WEEKLY NUMBER OF STAFF employed by the charity during the year was as follows: 2025 2024 Direcr Charitable work io io 10 UNRESTRICTED FUNDS 2025 2024 At I. April 202415urplu5/deficit for the year) 69,367 59,095 At 31" March 2025 lQ2,234 11. RESTRICTED FUNDS Point 11 Restricted 2025 2025 2025 2025 Bala nce c/f balancelb/f 5,732 5,407 13,345 6,950 2,000 1,124 Income Spend 32,416 73,275 13,187 6,950 1,680 Henry Smith NBtional Lottery Welland Trust Avjards for All Sir Bernard &Lady Schreider Foundation The Grimmitt Trust Tudor Trust 35,000 50,000 8,316 18,131 157 320 1.124 35,000 35,000 Totals Balance c/f 01104125 £63,048 34,558 120,0(K) 127,508 63,048 List of Funders:_ Henrysmith National Lottery Welland Trust Awards forAII Sir Bernard & Lady Schreider Foundation The Grimmitt Trust Mazar's Charitable Trust Tudor Trust